Exhibit 4.19Form of
Senior Indenture

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Magnum Hunter
Resources, Inc.,

as Issuer

and

_________________

as Trustee

_________________

Indenture

_________________

Dated as of __________
__, 200_

_________________

Senior Debt Securities

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Table of Contents

Page

|             | ARTICLE One  Definitions and other provisions of General Application | 
|------------ | -------------------------------------------------------------------- | 
|Section 1.01 |                                                                      | 
|Section 1.02 |                                                                      | 
|Section 1.03 |                                                                      | 
|Section 1.04 |                                                                      | 
|Section 1.05 |                                                                      | 
|Section 1.06 |                                                                      | 
|Section 1.07 |                                                                      | 
|Section 1.08 |                                                                      | 
|Section 1.09 |                                                                      | 
|Section 1.10 |                                                                      | 
|Section 1.11 |                                                                      | 
|Section 1.12 |                                                                      | 
|Section 1.13 |                                                                      | 
|Section 1.14 |                                                                      | 
|Section 1.15 |                                                                      | 
|             |                                                                      | 

|             | ARTICLE Two  Debt Security Forms | 
|------------ | -------------------------------- | 
|Section 2.01 |                                  | 
|Section 2.02 |                                  | 
|Section 2.03 |                                  | 
|             |                                  | 

|             | ARTICLE Three      The Debt Securities | 
|------------ | -------------------------------------- | 
|Section 3.01 |                                        | 
|Section 3.02 |                                        | 
|Section 3.03 |                                        | 
|Section 3.04 |                                        | 
|Section 3.05 |                                        | 
|Section 3.06 |                                        | 
|Section 3.07 |                                        | 
|Section 3.08 |                                        | 
|Section 3.09 |                                        | 
|Section 3.10 |                                        | 
|Section 3.11 |                                        | 
|Section 3.12 |                                        | 
|Section 3.13 |                                        | 

|             | ARTICLE Four  Satisfaction and Discharge | 
|------------ | ---------------------------------------- | 
|Section 4.01 |                                          | 
|Section 4.02 |                                          | 

i

|             | ARTICLE Five  Remedies | 
|------------ | ---------------------- | 
|Section 5.01 |                        | 
|Section 5.02 |                        | 
|Section 5.03 |                        | 
|Section 5.04 |                        | 
|Section 5.05 |                        | 
|Section 5.06 |                        | 
|Section 5.07 |                        | 
|Section 5.08 |                        | 
|Section 5.09 |                        | 
|Section 5.10 |                        | 
|Section 5.11 |                        | 
|Section 5.12 |                        | 
|Section 5.13 |                        | 
|Section 5.14 |                        | 
|Section 5.15 |                        | 

|             | ARTICLE Six  The Trustee | 
|------------ | ------------------------ | 
|Section 6.01 |                          | 
|Section 6.02 |                          | 
|Section 6.03 |                          | 
|Section 6.04 |                          | 
|Section 6.05 |                          | 
|Section 6.06 |                          | 
|Section 6.07 |                          | 
|Section 6.08 |                          | 
|Section 6.09 |                          | 
|Section 6.10 |                          | 
|Section 6.11 |                          | 
|Section 6.12 |                          | 
|Section 6.13 |                          | 
|Section 6.14 |                          | 

|             | ARTICLE Seven  Holders' Lists and Reports by Trustee and Company | 
|------------ | ---------------------------------------------------------------- | 
|Section 7.01 |                                                                  | 
|Section 7.02 |                                                                  | 
|Section 7.03 |                                                                  | 
|Section 7.04 |                                                                  | 

|             | ARTICLE Eight  Concerning the Holders | 
|------------ | ------------------------------------- | 
|Section 8.01 |                                       | 
|Section 8.02 |                                       | 
|Section 8.03 |                                       | 
|Section 8.04 |                                       | 

|             | ARTICLE Nine Holders' Meetings | 
|------------ | ------------------------------ | 
|Section 9.01 |                                | 
|Section 9.02 |                                | 

ii

|             |  | 
|------------ |  | 
|Section 9.03 |  | 
|Section 9.04 |  | 
|Section 9.05 |  | 
|Section 9.06 |  | 
|Section 9.07 |  | 

|              | ARTICLE Ten  Consolidation, Merger, Conveyance, Transfer or Lease | 
|------------- | ----------------------------------------------------------------- | 
|Section 10.01 |                                                                   | 
|Section 10.02 |                                                                   | 
|              |                                                                   | 

|              | ARTICLE Eleven    Supplemental Indentures | 
|------------- | ----------------------------------------- | 
|Section 11.01 |                                           | 
|Section 11.02 |                                           | 
|Section 11.03 |                                           | 
|Section 11.04 |                                           | 
|Section 11.05 |                                           | 
|Section 11.06 |                                           | 
|Section 11.07 |                                           | 

|              | ARTICLE Twelve  Covenants | 
|------------- | ------------------------- | 
|Section 12.01 |                           | 
|Section 12.02 |                           | 
|Section 12.03 |                           | 
|Section 12.04 |                           | 
|Section 12.05 |                           | 
|Section 12.06 |                           | 

|              | ARTICLE Thirteen    Redemption of Debt Securities | 
|------------- | ------------------------------------------------- | 
|Section 13.01 |                                                   | 
|Section 13.02 |                                                   | 
|Section 13.03 |                                                   | 
|Section 13.04 |                                                   | 
|Section 13.05 |                                                   | 
|Section 13.06 |                                                   | 
|Section 13.07 |                                                   | 

|              | ARTICLE Fourteen   Sinking Funds | 
|------------- | -------------------------------- | 
|Section 14.01 |                                  | 
|Section 14.02 |                                  | 
|Section 14.03 |                                  | 

|              | ARTICLE Fifteen Defeasance | 
|------------- | -------------------------- | 
|Section 15.01 |                            | 
|Section 15.02 |                            | 
|Section 15.03 |                            | 
|Section 15.04 |                            | 
|              |                            | 

iii

|              | ARTICLE Sixteen Conversion | 
|------------- | -------------------------- | 
|Section 16.01 |                            | 
|Section 16.02 |                            | 
|Section 16.03 |                            | 
|Section 16.04 |                            | 
|Section 16.05 |                            | 
|Section 16.06 |                            | 
|Section 16.07 |                            | 
|Section 16.08 |                            | 
|Section 16.09 |                            | 
|Section 16.10 |                            | 
|Section 16.11 |                            | 

|              | ARTICLE Seventeen  Guarantee | 
|------------- | ---------------------------- | 
|Section 17.01 |                              | 
|Section 17.02 |                              | 
|Section 17.03 |                              | 
|Section 17.04 |                              | 
|Section 17.05 |                              | 

iv

Reconciliation and tie between Trust
Indenture Act of 1939 and Indenture, dated as of _____________ __, 200_.

|Trust Indenture Act Section | Indenture Section
|--------------------------- | -----------------
|Sec. 310                    |                  
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|Sec. 311                    |                  
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|Sec. 312                    |                  
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|Sec. 313                    |                  
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|Sec. 314                    |                  
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|Sec. 315                    |                  
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|Sec. 316                    |                  
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|                            |                  
|                            |                  
|Sec. 317                    |                  
|                            |                  
|                            |                  
|Sec. 318                    |                  

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

INDENTURE
dated as of _______ __, 200_ between Magnum Hunter Resources, Inc., a Delaware
corporation (hereinafter called the Company), having its principal executive
office at 600 Las Colinas Blvd., Suite 1100, Irving, Texas 75039 and _____________
(hereinafter called the Trustee), having its Corporate Trust Office at
____________________________.

RECITALS OF THE COMPANY

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

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

NOW,
THEREFORE, THIS INDENTURE WITNESSETH:

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

ARTICLE ONE

Definitions and other
provisions of General Application

Section
1.01 Definitions.

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

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

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

| | (3)       
               all accounting terms not otherwise defined herein have the meanings assigned to
               them in accordance with generally accepted accounting principles or as provided
               with respect to any series of Debt Securities, and, except as otherwise herein
               provided or as provided with respect to any series of Debt Securities, the term
               generally accepted accounting principles or GAAP with
               respect to any computation required or permitted hereunder with respect to any
               series of Debt Securities, shall mean such as 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 of the
               United States which are in effect as of the issuance date of such series of Debt
               Securities;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               the words herein, hereof and hereunder and
               other words of similar import refer to this Indenture as a whole and not to any
               particular Article, Section or other subdivision;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               or is not exclusive;
| | ------------------------------------------------

| | (6)       
               including (in all of its forms) means including without limitation;
               and
| | ------------------------------------------------------------------------------------------------------------------

| | (7)       
               any references to an Article or Section refers to an Article or a Section,
               respectively, of this Indenture
| | ---------------------------------------------------------------------------------------------------------------------------------------------------

Certain terms, used principally in
Article Three, Article Six or Article Seventeen, are defined in those respective Articles.

Act
when used with respect to any Holder, has the meaning specified in Section 8.01.

| | 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
the purposes of this definition, control (including, with correlative
meanings, the terms controlling, controlled by and under
common control with) 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.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Authenticating
Agent has the meaning specified in Section 6.14.

| | Board
of Directors means either the board of directors of the Company, or any committee of
that board duly authorized to act hereunder or any director or directors and/or officer or
officers of the Company to whom that board or committee shall have delegated its
authority.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Board
Resolution means a copy of a resolution certified by the Secretary or an Assistant
Secretary of the Company to have been duly adopted by the Board of Directors and to be in
full force and effect on the date of such certification, and delivered to the Trustee.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Business
Day when used with respect to any Place of Payment or any other particular location
referred to in this Indenture or in the Debt Securities means any day which is not a
Saturday, a Sunday or a legal holiday or a day on which banking institutions or trust
companies in that Place of Payment or other location are authorized or obligated by law to
close, except as otherwise specified pursuant to Section 3.01.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Capital
Stock means: (i) in the case of a corporation, corporate stock (however designated);
(ii) in the case of an association or business entity, any and all shares, interests,
participations, rights or other equivalents (however designated) of corporate stock; (iii)
in the case of a partnership or limited liability company, partnership or membership
interests (whether general or limited); and (iv) 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.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Closing
Price of the Common Stock shall mean the last reported sale price of such stock
(regular way) as shown on the Composite Tape of the New York Stock Exchange (or, if such
stock is not listed or admitted to trading on the New York Stock Exchange, on the
principal national securities exchange on which such stock is listed or admitted to
trading), or, in case no such sale takes place on such day, the average of the closing bid
and asked prices on the New York Stock Exchange (or, if such stock is not listed or
admitted to trading on the New York Stock Exchange, on the principal national securities
exchange on which such stock is listed or admitted to trading), or, if it is not listed or
admitted to trading on any national securities exchange, the average of the closing bid
and asked prices as reported by the National Association of Securities Dealers Automated
Quotation System (NASDAQ), or if such stock is not so reported, the average of the closing
bid and asked prices as furnished by any member of the National Association of Securities
Dealers, Inc., selected from time to time by the Company for that purpose.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2

Code
means the Internal Revenue Code of 1986, as amended.

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

| | Common
Stock shall mean the Class A Common Stock, par value $.01 per share, of the Company
authorized at the date of this Indenture as originally signed, or any other class of stock
resulting from successive changes or reclassifications of such Common Stock, and in any
such case including any shares thereof authorized after the date of this Indenture.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

| | Company
Order and Company Request mean, respectively, a written request or order
signed in the name of the Company by the Chairman of the Board of Directors, the Chief
Executive Officer, the President, the Chief Financial Officer or a Vice President and by
the Treasurer, an Assistant Treasurer, the Controller, an Assistant Controller, the
Secretary or an Assistant Secretary of the Company, and delivered to the Trustee.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Component
Currency has the meaning specified in Section 3.10(h).

| | Conversion
Agent means any Person authorized by the Company to receive Debt Securities to be
converted into Common Stock on behalf of the Company. The Company initially authorizes the
Trustee to act as Conversion Agent for the Debt Securities on its behalf. The Company may
at any time from time to time authorize one or more Persons to act as Conversion Agent in
addition to or in place of the Trustee with respect to any series of Debt Securities
issued under this Indenture.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Conversion
Date has the meaning specified in Section 3.10(d).

3

| | Conversion
Event means the cessation of (i) a Foreign Currency to be used both by the
government of the country which issued such Currency and for the settlement of
transactions by public institutions of or within the international banking community or
(ii) any Currency unit to be used for the purposes for which it was established.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Conversion
Price means, with respect to any series of Debt Securities which are convertible
into Common Stock, the price per share of Common Stock at which the Debt Securities of
such series are so convertible pursuant to Section 3.01 with respect to such series, as
the same may be adjusted from time to time in accordance with Section 16.03.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Corporate
Trust Office means the principal corporate trust office of the Trustee at which at
any particular time its corporate trust business shall be administered, which office at
the date of execution of this instrument is located at _____________________.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Currency
means Dollars or Foreign Currency.

| | Currency
Determination Agent means the agent, if any, from time to time selected by the
Trustee for purposes of Section 3.10; provided that such agent shall accept such
appointment in writing and the terms of such appointment shall be acceptable to the
Company and shall, in the opinion of the Company and the Trustee at the time of such
appointment, require such agent to make the determinations required by this Indenture by a
method consistent with the method provided in this Indenture for the making of such
decision or determination.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Current
Market Price on any date shall mean the average of the daily Closing Prices per
share of Common Stock for any thirty (30) consecutive Trading Days selected by the Company
prior to the date in question, which thirty (30) consecutive Trading Day period shall not
commence more than forty-five (45) Trading Days prior to the day in question; provided
that with respect to Section 16.03(3), the Current Market Price of the Common
Stock shall mean the average of the daily Closing Prices per share of Common Stock for the
five (5) consecutive Trading Days ending on the date of the distribution referred to in
Section 16.03(3) (or if such date shall not be a Trading Day, on the Trading Day
immediately preceding such date).
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Debt
Securities has the meaning stated in the first recital of this Indenture and more
particularly means any Debt Securities (including any Global Notes) authenticated and
delivered under this Indenture.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Defaulted
Interest has the meaning specified in Section 3.07(b).

| | Depositary
means, with respect to the Debt Securities of any series issuable or issued in the form of
one or more Global Notes, the Person designated as Depositary by the Company pursuant to
Section 3.01 until a successor Depositary shall have become such pursuant to the
applicable provisions of this Indenture, and thereafter Depositary shall mean
or include each Person who is then a Depositary hereunder, and if at any time there is
more than one such Person, Depositary as used with respect to the Debt
Securities of any such series shall mean the Depositary with respect to the Global Notes
of that series.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Discharged
has the meaning specified in Section 15.02.

4

| | Discount
Security means any Debt Security which is issued with original issue
discount within the meaning of Section 1273(a) of the Code (or any successor
provision) and the regulations thereunder.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Dollar
or $ means a dollar or other equivalent unit in such coin or currency of the
United States as at the time of payment is legal tender for the payment of public and
private debts.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Dollar
Equivalent of the Currency Unit has the meaning specified in Section 3.10(g).

Dollar Equivalent
of the Foreign Currency has the meaning specified in Section 3.10(f).

Election
Date has the meaning specified in Section 3.10(h).

Event
of Default has the meaning specified in Section 5.01.

Exchange
Act means the Securities Exchange Act of 1934, as amended.

| | Exchange
Rate Officers Certificate means a telex or a certificate setting forth (i) the
applicable Market Exchange Rate and (ii) the Dollar, Foreign Currency or Currency unit
amounts of principal, premium, if any, and any interest respectively (on an aggregate
basis and on the basis of a Debt Security having the lowest denomination principal amount
determined in accordance with Section 3.02 in the relevant Currency or Currency unit),
payable on the basis of such Market Exchange Rate sent (in the case of a telex) or signed
(in the case of a certificate) by the Treasurer or any Assistant Treasurer of the Company.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Fixed
Rate Security means a Debt Security which provides for the payment of interest at a
fixed rate.

| | Floating
Rate Security means a Debt Security which provides for the payment of interest at a
variable rate determined periodically by reference to an interest rate index or any other
index specified pursuant to Section 3.01.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Foreign
Currency means any coin, currency, currency unit or composite currency, including,
without limitation, the euro, issued by the government of one or more countries other than
the United States, or by any internationally recognized union, confederation or
association of such governments.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Global
Note means with respect to any series of Debt Securities issued hereunder, a Debt
Security (in either temporary or permanent form) which is executed by the Company and
authenticated and delivered by the Trustee to the Depositary or pursuant to the
Depositarys instruction, all in accordance with this Indenture and any indentures
supplemental hereto, or Board Resolution and set forth in an Officers Certificate,
which shall be registered in the name of the Depositary or its nominee and which shall
represent, and shall be denominated in an amount equal to the aggregate principal amount
of, all the Outstanding Debt Securities of such series or any portion thereof, in either
case having the same terms, including, without limitation, the same original issue date,
date or dates on which principal is due and interest rate or method of determining
interest.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5

| | Holder,
Holder of Debt Securities or other similar terms means, with respect to a Debt
Security, the Registered Holder.
| | ---------------------------------------------------------------------------------------------------------------------------

| | Indenture
means this instrument as originally executed, or as it may from time to time be
supplemented or amended by one or more indentures supplemental hereto entered into
pursuant to the applicable provisions hereof and, unless the context otherwise requires,
shall include the terms of a particular series of Debt Securities as established pursuant
to Section 3.01.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | The
term interest, when used with respect to a Discount Security which by its
terms bears interest only on a certain date, means interest payable after such date.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------

Interest
Payment Date with respect to any Debt Security means the Stated Maturity of an
installment of interest on such Debt Security.

| | Market
Exchange Rate means the noon Dollar buying rate in The City of New York for cable
transfers of such currency or currencies as published by the Federal Reserve Bank of New
York as of the most recent available date. If such Market Exchange Rate is not available
for any reason with respect to such currency, the Trustee shall use, in its sole
discretion and without liability on its part, such quotation of the Federal Reserve Bank
of New York or, quotations from one or more major banks in The City of New York or in the
country of issue of the currency in question, which for purposes of the euro shall be any
member state of the European Union that has adopted the euro, as the Trustee shall deem
appropriate.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Maturity
when used with respect to any Debt Security means the date on which the principal of such
Debt Security or an installment of principal becomes due and payable as therein or herein
provided, whether at the Stated Maturity or by declaration of acceleration, call for
redemption, repayment or repurchase at the option of the Holder thereof or otherwise.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Officers
Certificate means a certificate signed by the Chairman of the Board of Directors,
the Chief Executive Officer, the President, the Chief Financial Officer or a Vice
President, and by the Treasurer, an Assistant Treasurer, the Controller, an Assistant
Controller, the Secretary or an Assistant Secretary of the Company, and delivered to the
Trustee.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Opinion
of Counsel means a written opinion of counsel, who may be counsel to the Company
(including an employee of the Company) and who shall be satisfactory to the Trustee, which
is delivered to the Trustee.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Outstanding
when used with respect to any series of Debt Securities, means, as of the date of
determination, all Debt Securities of that series theretofore authenticated and delivered
under this Indenture, except:
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i)       
          Debt Securities of that series theretofore cancelled by the Trustee or delivered
          to the Trustee for cancellation;
| | ------------------------------------------------------------------------------------------------------------------------------------------------

6

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

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

| | provided,
however, that in determining whether the Holders of the requisite principal amount of
Outstanding Debt Securities of any series have performed any Act hereunder, Debt
Securities owned by the Company or any other obligor upon the Debt Securities or any
Subsidiary of the Company or of such other obligor shall be disregarded and deemed not to
be Outstanding (provided, that in connection with any offer by the Company or any obligor
to purchase Debt Securities, Debt Securities rendered by a Holder shall be Outstanding
until the date of purchase), except that, in determining whether the Trustee shall be
protected in relying upon any such Act, only Debt Securities which the Trustee knows to be
so owned shall be so disregarded. Debt Securities so owned which have been pledged in good
faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the
Trustee the pledgees right to act with respect to such Debt Securities and that the
pledgee is not the Company or any other obligor upon the Debt Securities or any Subsidiary
of the Company or of such other obligor. In determining whether the Holders of the
requisite principal amount of Outstanding Debt Securities have performed any Act
hereunder, the principal amount of a Discount Security that shall be deemed to be
Outstanding for such purpose shall be the amount of the principal thereof that would be
due and payable as of the date of such determination upon a declaration of acceleration of
the Maturity thereof pursuant to Section 5.02 and the principal amount of a Debt Security
denominated in a Foreign Currency that shall be deemed to be Outstanding for such purpose
shall be the amount calculated pursuant to Section 3.10(j).
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Overdue
Rate when used with respect to any series of the Debt Securities, means the rate
designated as such in or pursuant to the Board Resolution or the supplemental indenture,
as the case may be, relating to such series as contemplated by Section 3.01.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Paying
Agent means any Person authorized by the Company to pay the principal of (and
premium, if any) or interest on any Debt Securities on behalf of the Company.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Person
means any individual, corporation, limited liability company, partnership, joint venture,
association, joint-stock company, trust, estate, unincorporated organization or government
or any agency or political subdivision thereof or any other entity.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

7

| | Place
of Payment when used with respect to the Debt Securities of any series means the
place or places where the principal of (and premium, if any) and interest on the Debt
Securities of that series are payable as specified pursuant to Section 3.01.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

| | Redemption
Date when used with respect to any Debt Security to be redeemed, means the date
fixed for redemption by or pursuant to this Indenture, including pursuant to the Board
Resolution or supplemental indenture relating to such Debt Security as contemplated by
Section 3.01.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Redemption
Price means, in the case of a Discount Security, the amount of the principal thereof
that would be due and payable as of the Redemption Date upon a declaration of acceleration
of the Maturity thereof pursuant to Section 5.02, and in the case of any other Debt
Security, the principal amount thereof, plus, in each case, premium, if any, and accrued
and unpaid interest, if any, to the Redemption Date.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Registered
Holder means the Person in whose name a Registered Security is registered in the
Security Register.
| | ----------------------------------------------------------------------------------------------------------------

| | Registered
Security means any Debt Security in the form established pursuant to
Section 2.01 which is registered as to principal and interest in the Security
Register.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Regular
Record Date for the interest payable on the Registered Securities of any series on
any Interest Payment Date means the date specified for the purpose pursuant to Section
3.01 for such Interest Payment Date.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Responsible
Officer when used with respect to the Trustee means any vice president, the
secretary, any assistant secretary or any assistant vice president or any other officer of
the Trustee customarily performing functions similar to those performed by any of the
above designated officers and also means, with respect to a particular corporate trust
matter, any other officer to whom such matter is referred because of his knowledge of and
familiarity with the particular subject.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Security
Register and Security Registrar have the respective meanings specified
in Section 3.05(a).
| | -------------------------------------------------------------------------------------------------------

| | Special
Record Date for the payment of any Defaulted Interest means a date fixed by the
Trustee pursuant to Section 3.07.
| | ---------------------------------------------------------------------------------------------------------------------------

| | Specified
Amount has the meaning specified in Section 3.10(h).
| | ----------------------------------------------------------------

| | Stated
Maturity when used with respect to any Debt Security or any installment of principal
thereof or premium thereon or interest thereon means the date specified in such Debt
Security, as the date on which the principal of such Debt Security or such installment of
principal, premium or interest is due and payable.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

8

| | Subsidiary
means, with respect to any Person, (i) any corporation, association, or other business
entity (other than a partnership) of which more than 50% of the total voting power of
shares of Capital Stock entitled (without regard to the occurrence of any contingency) to
vote in the election of directors, managers or trustees thereof is at the time of
determination owned or controlled, directly or indirectly, by such Person or one or more
of the other Subsidiaries of that Person or a combination thereof and (ii) any partnership
of which more than 50% of the partnerships capital accounts, distribution rights or
general or limited partnership interests 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.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Trading
Day shall mean, with respect to the Common Stock, so long as the Common Stock is
listed or admitted to trading on the New York Stock Exchange, a day on which the New York
Stock Exchange is open for the transaction of business, or, if the Common Stock is not
listed or admitted to trading on the New York Stock Exchange, a day on which the principal
national securities exchange on which the Common Stock is listed is open for the
transaction of business, or, if the Common Stock is not so listed or admitted for trading
on any national securities exchange, a day on which NASDAQ is open for the transaction of
business.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

| | Trust
Indenture Act means the Trust Indenture Act of 1939 as amended and as in force at
the date as of which this instrument was executed, and, to the extent required by law, as
amended.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | United
States means the United States of America (including the States and the District of
Columbia), and its possessions, which include Puerto Rico, the U.S. Virgin Islands, Guam,
American Samoa, Wake Island and the Northern Mariana Islands.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | U.S.
          Government Obligations has the meaning specified in Section 15.02.
| | -----------------------------------------------------------------------------------

Valuation
Date has the meaning specified in Section 3.10(c).

| | Vice
President includes with respect to the Company and the Trustee, any Vice President
of the Company or the Trustee, as the case may be, whether or not designated by a number
or word or words added before or after the title Vice President.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 1.02 Compliance Certificates and Opinions.

Upon
any application or request by the Company to the Trustee to take any action under any
provision of this Indenture, the Company shall furnish to the Trustee an Officers
Certificate stating that all conditions precedent, if any, provided for in this Indenture
relating to the proposed action have been complied with and an Opinion of Counsel stating
that in the opinion of such counsel all such conditions precedent, if any, have been
complied with, except that in the case of any such application or request as to which the
furnishing of such documents is specifically required by any provision of this Indenture
relating to such particular application or request, no additional certificate or opinion
need be furnished.

9

Every
certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture (other than certificates provided pursuant to Section 12.02)
shall include:

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

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

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

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

Section 1.03  Form of Documents Delivered to Trustee.

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

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

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

Section 1.04. Notices, etc., to Trustee and Company.

Any
Act of Holders or other document provided or permitted by this Indenture to be made upon,
given or furnished to, or filed with,

10

| | (1)       
               the Trustee by any Holder or by the Company shall be sufficient for every
               purpose hereunder (unless otherwise herein expressly provided) if made, given,
               furnished or filed in writing to or with the Trustee at its Corporate Trust
               Office, Attention: Corporate Trust Department, or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               the Company by the Trustee or by any Holder shall be sufficient for every
               purpose hereunder (unless otherwise herein expressly provided) if in writing and
               mailed, first-class postage prepaid or airmail postage prepaid if sent from
               outside the United States, to the Company addressed to it at the address of its
               principal office specified in the first paragraph of this instrument, to the
               attention of its Treasurer, or at any other address previously furnished in
               writing to the Trustee by the Company.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Any
such Act or other document shall be in the English language, except that any published
notice may be in an official language of the country of publication.

Section 1.05. Notice to Holders; Waiver.

When
this Indenture provides for notice to Holders of any event, such notice shall be
sufficiently given to Registered Holders (unless otherwise herein expressly provided) if
in writing and mailed, first-class postage prepaid, to such Registered Holders as their
names and addresses appear in the Security Register, within the time prescribed; provided,
however, that, in any case, any notice to Holders of Floating Rate Securities regarding
the determination of a periodic rate of interest, if such notice is required pursuant to
Section 3.01, shall be sufficiently given if given in the manner specified pursuant to
Section 3.01.

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

Where
this Indenture provides for notice in any manner, such notice may be waived in writing by
the Person entitled to receive such notice, either before or after the event, and such
waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed
with the Trustee, but such filing shall not be a condition precedent to the validity of
any action taken in reliance on such waiver. In any case where notice to Holders is given
by mail, neither the failure to mail such notice nor any defect in any notice so mailed to
any particular Holder shall affect the sufficiency of such notice with respect to other
Holders, and any notice which is mailed in the manner herein provided shall be
conclusively presumed to have been duly given. In any case where notice to Holders is
given by publication, any defect in any notice so published as to any particular Holder
shall not affect the sufficiency of such notice with respect to other Holders, and any
notice which is published in the manner herein provided shall be conclusively presumed to
have been duly given.

Section 1.06. Conflict with Trust Indenture Act.

If
any provision hereof limits, qualifies or conflicts with the duties imposed on any Person
by the provisions of Sections 310 to 317, inclusive, of the Trust Indenture Act, such
imposed duties shall control.

11

Section 1.07.  Effect of Headings and Table of Contents.

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

Section 1.08. Successors and Assigns.

All
covenants and agreements in this Indenture by the parties hereto shall bind their
respective successors and assigns and inure to the benefit of their permitted successors
and assigns, whether so expressed or not.

Section 1.09.     Separability Clause.

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

Section 1.10.     Benefits of Indenture.

Nothing
in this Indenture or in the Debt Securities, express or implied, shall give to any Person,
other than the parties hereto, any Security Registrar, any Paying Agent and their
successors hereunder, and the Holders, any benefit or any legal or equitable right, remedy
or claim under this Indenture.

Section 1.11.     Governing Law.

This
Indenture and the Debt Securities shall be governed by and construed in accordance with
the laws of the State of New York.

Section 1.12.     Legal Holidays.

Unless
otherwise specified pursuant to Section 3.01 or in any Debt Security, in any case
where any Interest Payment Date, Redemption Date or Stated Maturity of any Debt Security
of any series shall not be a Business Day at any Place of Payment for the Debt Securities
of that series, then (notwithstanding any other provision of this Indenture or of the Debt
Securities) payment of principal (and premium, if any) or interest need not be made at
such Place of Payment on such date, but may be made on the next succeeding Business Day at
such Place of Payment with the same force and effect as if made on the Interest Payment
Date, Redemption Date or at the Stated Maturity, and no interest shall accrue on the
amount so payable for the period from and after such Interest Payment Date, Redemption
Date or Stated Maturity, as the case may be, to such Business Day if such payment is made
or duly provided for on such Business Day.

Section 1.13.     No Security Interest Created.

Nothing
in this Indenture or in the Debt Securities, express 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 where property of the
Company or its Subsidiaries is or may be located.

12

Section 1.14.     Liability Solely Corporate.

No
recourse shall be had for the payment of the principal of (or premium, if any) or the
interest on any Debt Securities, or any part thereof, or of the indebtedness represented
thereby, or upon any obligation, covenant or agreement of this Indenture, against any
incorporator, or against any stockholder, officer, director, member, manager or employee,
as such, past, present or future, of the Company or of any other Person now or hereafter
an obligor with respect to this Indenture or any Debt Securities (or any incorporator,
stockholder, officer, director, member, manager or employee of any predecessor or
successor corporation or other entity), either directly or through the Company or of any
other Person now or hereafter an obligor with respect to this Indenture or any Debt
Securities (or any such predecessor or successor corporation or other entity), whether by
virtue of any constitution, statute or rule of law, or by the enforcement of any
assessment or penalty or otherwise; it being expressly agreed and understood that this
Indenture and all the Debt Securities are solely corporate obligations, and that no
personal liability whatsoever shall attach to, or be incurred by, any such incorporator,
stockholder, officer, director, member, manager or employee, past, present or future, of
the Company or of any other Person now or hereafter an obligor with respect to this
Indenture or any Debt Securities (or any incorporator, stockholder, officer, director,
member, manager or employee of any such predecessor or successor corporation or other
entity), either directly or indirectly through the Company or of any other Person now or
hereafter an obligor with respect to this Indenture or any Debt Securities (or any such
predecessor or successor corporation or other entity), because of the indebtedness hereby
authorized or under or by reason of any of the obligations, covenants, promises or
agreements contained in this Indenture or in any of the Debt Securities or to be implied
herefrom or therefrom; and that any such personal liability is hereby expressly waived and
released as a condition of, and as part of the consideration for, the execution of this
Indenture and the issue of Debt Securities; provided, however, that nothing herein or in
the Debt Securities contained shall be taken to prevent recourse to and the enforcement of
the liability, if any, of any stockholder or subscriber to capital stock upon or in
respect of the shares of capital stock not fully paid.

Section
1.15. Indenture May be Executed in Counterparts

This
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.

ARTICLE TWO

Debt Security Forms

Section 2.01.     Forms Generally.

The
Debt Securities of each series shall be substantially in one of the forms (including
global form) established in or pursuant to a Board Resolution or one or more indentures
supplemental hereto, and shall have such appropriate insertions, omissions, substitutions
and other variations as are required or permitted by this Indenture, and may have such
letters, numbers or other marks of identification or designation and such legends or
endorsements placed thereon as the Company may deem appropriate and as are not
inconsistent with the provisions of this Indenture, or as may be required to comply with
any law or with any rule or regulation made pursuant thereto or with any rule or
regulation of any securities exchange on which any series of the Debt Securities may be
listed, or to conform to usage, all as determined by the officers executing such Debt
Securities as conclusively evidenced by their execution of such Debt Securities. If the
form of a series of Debt Securities (or any Global Note) is established in or pursuant to
a Board Resolution, a copy of such Board Resolution shall be delivered to the Trustee,
together with an Officers Certificate setting forth the form of such series, at or
prior to the delivery of the Company Order contemplated by Section 3.03 for the
authentication and delivery of such Debt Securities (or any such Global Note).

13

The
definitive Debt Securities of each series shall be printed, lithographed or engraved or
produced by any combination of these methods on steel engraved borders or may be produced
in any other manner, all as determined by the officers executing such Debt Securities, as
conclusively evidenced by their execution of such Debt Securities.

Section 2.02.     Form of Trustee's Certificate of Authentication.

The
form of the Trustees certificate of authentication to be borne by the Debt
Securities shall be substantially as follows:

TRUSTEES
CERTIFICATE OF AUTHENTICATION

This
is one of the series of Debt Securities issued under the within mentioned Indenture.

| |                        
| | -----------------------
| |                        
| | By:Authorized Signatory

Section 2.03.     Securities in Global Form.

If
any Debt Security of a series is issuable in the form a Global Note, such Global Note may
provide that it shall represent the aggregate amount of Outstanding Debt Securities from
time to time endorsed thereon and may also provide that the aggregate amount of
Outstanding Debt Securities represented thereby may from time to time be reduced to
reflect exchanges. Any endorsement of a Global Note to reflect the amount, or any increase
or decrease in the amount, of Outstanding Debt Securities represented thereby shall be
made by the Trustee and in such manner as shall be specified in such Global Note. Any
instructions by the Company with respect to a Global Note, after its initial issuance,
shall be in writing but need not comply with Section 1.02.

Global
Notes may be issued in either temporary or permanent form. Permanent Global Notes will be
issued in definitive form.

ARTICLE THREE

The Debt Securities

Section 3.01.     Amount Unlimited; Issuable in Series.

The
aggregate principal amount of Debt Securities which may be issued, executed,
authenticated, delivered and outstanding under this Indenture is unlimited.

14

The
Debt Securities may be issued in one or more series. There shall be established, without
the consent of any Holder, in or pursuant to a Board Resolution and (subject to
Section 3.03) set forth in an Officers Certificate, or established in one or
more indentures supplemental hereto, prior to the issuance of Debt Securities of any
series any or all of the following:

| | (1)       
               the form and title of the Debt Securities of the series (which shall distinguish
               the Debt Securities of such series from all other series of Debt Securities);
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               the aggregate principal amount of such series of Debt Securities and any limit
               on the aggregate principal amount of the Debt Securities of the series which may
               be authenticated and delivered under this Indenture (except for Debt Securities
               authenticated and delivered upon transfer of, or in exchange for, or in lieu of,
               other Debt Securities of such series pursuant to Sections 3.04, 3.05, 3.06,
               11.06 or 13.07);
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               the percentage of the principal amount at which Debt Securities of such series
               will be issued and, if other than the principal amount thereof, the portion of
               the principal amount thereof payable upon declaration of acceleration of the
               maturity or upon redemption thereof or the method by which such portion shall be
               redeemable;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               the date or dates on which or periods during which the Debt Securities of the
               series may be issued, and the date or dates or the method by which such date or
               dates will be determined, on which the principal of (and premium, if any, on)
               the Debt Securities of such series are or may be payable (which, if so provided
               in such Board Resolution or supplemental indenture, may be determined by the
               Company from time to time as set forth in the Debt Securities of the series
               issued from time to time);
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               the rate or rates (which may be variable or fixed) at which the Debt Securities
               of the series shall bear interest, if any, or the method by which such rate or
               rates shall be determined, the date or dates from which such interest, if any,
               shall accrue or the method by which such date or dates shall be determined
               (which, in either case or both, if so provided in such Board Resolution or
               supplemental indenture, may be determined by the Company from time to time and
               set forth in the Debt Securities of the series issued from time to time); and
               the Interest Payment Dates on which such interest shall be payable (or the
               method of determination thereof), and the Regular Record Dates, if any, for the
               interest payable on such Interest Payment Dates and the notice, if any, to
               Holders regarding the determination of interest, the manner of giving such
               notice, the basis upon which interest shall be calculated if other than that of
               a 360-day year of twelve 30-day months and any conditions or contingencies as to
               the payment of interest in cash or otherwise, if any;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               the place or places, if any, in addition to or instead of the Corporate Trust
               Office of the Trustee, where the principal of (and premium, if any) and interest
               on Debt Securities of the series shall be payable; the extent to which, or the
               manner in which, any interest payable on any Global Note on an Interest Payment
               Date will be paid, if other than in the manner provided in Section 3.07; and the
               manner in which any principal of, or premium, if any, on, any Global Note will
               be paid, if other than as set forth elsewhere herein and whether any Global Note
               will require any notation to evidence payment of principal or interest;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

15

| | (7)       
               the obligation, if any, of the Company to redeem, repay, purchase or offer to
               purchase Debt Securities of the series pursuant to any mandatory redemption,
               sinking fund or analogous provisions or upon other conditions or at the option
               of the Holder thereof, and the period or periods within which or the dates on
               which, the prices at which and the terms and conditions upon which the Debt
               Securities of the series shall be redeemed, repaid, purchased or offered to be
               purchased, in whole or in part, pursuant to such obligation;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (8)       
               the right, if any, of the Company to redeem the Debt Securities of such series
               at its option and the period or periods within which, or the date or dates on
               which, the price or prices at which, and the terms and conditions upon which
               such Debt Securities may be redeemed, if any, in whole or in part, at the option
               of the Company or otherwise;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (9)       
               if the Currency in which the Debt Securities shall be issuable is in Dollars,
               the denominations of such Debt Securities if other than denominations of $1,000
               and any integral multiple thereof (except as provided in Section 3.04);
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (10)       
               whether the Debt Securities of the series are to be issued as Discount
               Securities and the amount of discount with which such Debt Securities may be
               issued and, if other than the principal amount thereof, the portion of the
               principal amount of Debt Securities of the series which shall be payable upon
               declaration of acceleration of the Maturity thereof pursuant to Section 5.02;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (11)       
               provisions, if any, for the defeasance or discharge of certain of the
               Companys obligations with respect to Debt Securities of the series;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (12)       
               whether the payment of the principal of and premium, if any, and interest, if
               any, on the Debt Securities will be without deduction for taxes, assessments or
               governmental charges paid by the Holders thereof;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (13)       
               if other than Dollars, the Foreign Currency or Currencies in which Debt
               Securities of the series shall be denominated or in which payment of the
               principal of (and premium, if any) and interest on the Debt Securities of the
               series may be made, and the particular provisions applicable thereto and, if
               applicable, the amount of Debt Securities of the series which entitles the
               Holder of a Debt Security of the series or its proxy to one vote for purposes of
               Section 9.05;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (14)       
               if the principal of (and premium, if any) or interest on Debt Securities of the
               series are to be payable, at the election of the Company or a Holder thereof, in
               a Currency other than that in which the Debt Securities are denominated or
               payable without such election, in addition to or in lieu of the provisions of
               Section 3.10, the period or periods within which and the terms and conditions
               upon which, such election may be made and the time and the manner of determining
               the exchange rate or rates between the Currency or Currencies in which the Debt
               Securities are denominated or payable without such election and the Currency or
               Currencies in which the Debt Securities are to be paid if such election is made;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (15)       
               the date as of which any Debt Securities of the series shall be dated, if other
               than as set forth in Section 3.03;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------

16

| | (16)       
               if the amount of payments of principal of (and premium, if any) or interest on
               the Debt Securities of the series may be determined with reference to an index,
               including, but not limited to, an index based on a Currency or Currencies other
               than that in which the Debt Securities are denominated or payable, or any other
               type of index, the manner in which such amounts shall be determined;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (17)       
               if the Debt Securities of the series are denominated or payable in a Foreign
               Currency, any other terms concerning the payment of principal of (and premium,
               if any) or any interest on such Debt Securities (including the Currency or
               Currencies of payment thereof);
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (18)       
               the designation of the original Currency Determination Agent, if any;
| | ------------------------------------------------------------------------------------------------

| | (19)       
               the applicable Overdue Rate, if any;
| | ---------------------------------------------------------------

| | (20)       
               if the Debt Securities of the series do not bear interest, the applicable dates
               for purposes of Section 7.01;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------

| | (21)       
               any addition to, or modification or deletion of, any Events of Default,
               covenants or term of the subordination provided for with respect to Debt
               Securities of the series;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (22)       
               whether the Debt Securities of the series shall be issued in whole or in part in
               the form of one or more Global Notes and, in such case, the Depositary for such
               Global Note or Notes; and if the Debt Securities of the series are issuable only
               as Registered Securities, the manner in which and the circumstances under which
               Global Notes representing Debt Securities of the series may be exchanged for
               Registered Securities in definitive form, if other than, or in addition to, the
               manner and circumstances specified in Section 3.04(b);
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (23)       
               the designation, if any, of any depositaries, trustees (other than the
               applicable Trustee), Paying Agents, Authenticating Agents, Security Registrars
               (other than the Trustee) or other agents with respect to the Debt Securities of
               such series;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (24)       
               if the Debt Securities of such series will be issuable in definitive form only
               upon receipt of certain certificates or other documents or upon satisfaction of
               certain conditions, the form and terms of such certificates, documents or
               conditions;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (25)       
               whether the Debt Securities of such series will be convertible into shares of
               Common Stock and, if so, the terms and conditions, which may be in addition to
               or in lieu of the provisions contained herein, upon which such Debt Securities
               will be so convertible, including the conversion price and the conversion
               period;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (26)       
               the portion of the principal amount of the Debt Securities which will be payable
               upon declaration of acceleration of the maturity thereof, if other than the
               principal amount thereof;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (27)       
               the nature, content and date for reports by the Company to the Holders of the
               offered Debt Securities;
| | ------------------------------------------------------------------------------------------------------------------------------------------------

17

| | (28)       
               any change in the right of the Trustee or the Holders to declare the principal
               of, and premium and interest on, such Debt Securities due and payable;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (29)       
               whether the Debt securities of such series will be entitled to the benefit of
               any guarantees of any Subsidiary of the Company on the terms set forth in
               Article Seventeen, and if so, any changes, additions or other modifications to
               Article Seventeen and which Subsidiaries of the Company shall so guarantee such
               Debt Securities; and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (30)       
               any other terms of the series (which terms shall not be prohibited by the
               provisions of this Indenture).
| | --------------------------------------------------------------------------------------------------------------------------------------------------

All
Debt Securities of any one series shall be substantially identical except as to
denomination, rate of interest, Stated Maturity and the date from which interest, if any,
shall accrue, which, as set forth above, may be determined by the Company from time to
time as to Debt Securities of a series if so provided in or established pursuant to the
authority granted in a Board Resolution or in any such indenture supplemental hereto, and
except as may otherwise be provided in or pursuant to such Board Resolution and (subject
to Section 3.03) set forth in such Officers Certificate, or in any such indenture
supplemental hereto. All Debt Securities of any one series need not be issued at the same
time, and unless otherwise provided, a series may be reopened for issuance of additional
Debt Securities of such series.

If
any of the terms of a series of Debt Securities is established in or pursuant to a Board
Resolution, a copy of such Board Resolution shall be certified by the Secretary or an
Assistant Secretary of the Company and delivered to the Trustee at or prior to the
delivery of the Officers Certificate setting forth the terms of the series.

Section 3.02.     Denominations.

In
the absence of any specification pursuant to Section 3.01 with respect to the Debt
Securities of any series, the Debt Securities of such series shall be issuable only as
Registered Securities in denominations of $1,000 and any integral multiple thereof and
shall be payable only in Dollars.

Section 3.03.     Execution, Authentication, Delivery and Dating.

The
Debt Securities of any series shall be executed on behalf of the Company by its Chairman
of the Board of Directors, Chief Executive Officer, President, Chief Financial Officer,
one of its Vice Presidents or its Treasurer. The signature of any of these officers may be
manual or facsimile. The seal of the Company, if any, may be in the form of a facsimile
thereof and may be impressed, affixed, imprinted or otherwise reproduced on the Debt
Securities

Debt
Securities bearing the manual or facsimile signatures of individuals who were at any time
the proper officers of the Company shall bind the Company, notwithstanding that such
individuals or any of them have ceased to hold such offices prior to the authentication
and delivery of such Debt Securities or did not hold such offices at the date of such Debt
Securities.

At
any time and from time to time after the execution and delivery of this Indenture, the
Company may deliver Debt Securities of any series, executed by the Company, to the Trustee
for authentication, together with a Company Order for the authentication and delivery of
such Debt Securities and the Trustee in accordance with the Company Order shall
authenticate and deliver such Debt Securities. If all the Debt Securities of any one
series are not to be issued at one time and if a Board Resolution or supplemental
indenture relating to such series shall so permit, such Company Order may set forth
procedures acceptable to the Trustee for the issuance of such Debt Securities such as
interest rate, Stated Maturity, date of issuance and date from which interest, if any,
shall accrue. If any Debt Security shall be represented by a permanent Global Note, then,
for purposes of this Section and Section 3.04, the notation of a beneficial owners
interest therein upon original issuance of such Debt Security or upon exchange of a
portion of a temporary Global Note shall be deemed to be delivery in connection with the
original issuance of such beneficial owners interest in such permanent Global Note.

18

The
Trustee shall be entitled to receive, and (subject to Section 6.01) shall be fully
protected in relying upon, prior to the authentication and delivery of the Debt Securities
of such series, (i) the supplemental indenture or the Board Resolution by or pursuant to
which the form and terms of such Debt Securities have been approved and (ii) an Opinion of
Counsel substantially to the effect that:

| | (1)       
               all instruments furnished by the Company to the Trustee in connection with the
               authentication and delivery of such Debt Securities conform to the requirements
               of this Indenture and constitute sufficient authority hereunder for the Trustee
               to authenticate and deliver such Debt Securities;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               the forms and terms of such Debt Securities have been established in conformity
               with the provisions of this Indenture;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               in the event that the forms or terms of such Debt Securities have been
               established in a supplemental indenture, the execution and delivery of such
               supplemental indenture has been duly authorized by all necessary corporate
               action of the Company, such supplemental indenture has been duly executed and
               delivered by the Company and, assuming due authorization, execution and delivery
               by the Trustee, is a valid and binding obligation enforceable against the
               Company in accordance with its terms, subject to applicable bankruptcy,
               insolvency and similar laws affecting creditors rights generally and
               subject, as to enforceability, to general principles of equity (regardless of
               whether enforcement is sought in a proceeding in equity or at law);
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               the execution and delivery of such Debt Securities have been duly authorized by
               all necessary corporate action of the Company and such Debt Securities have been
               duly executed by the Company and, assuming due authentication by the Trustee and
               delivery by the Company, are valid and binding obligations of the Company,
               enforceable against the Company in accordance with their terms, entitled to the
               benefit of the Indenture, subject to applicable bankruptcy, insolvency and
               similar laws affecting creditors rights generally and subject, as to
               enforceability, to general principles of equity (regardless of whether
               enforcement is sought in a proceeding in equity or at law) and subject to such
               other exceptions as counsel shall request and as to which the Trustee shall not
               reasonably object; and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               the amount of Debt Securities Outstanding of such series, together with the
               amount of such Debt Securities, does not exceed any limit established under the
               terms of this Indenture on the amount of Debt Securities of such series that may
               be authenticated and delivered.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

19

The
Trustee shall not be required to authenticate such Debt Securities if the issuance of such
Debt Securities pursuant to this Indenture will affect the Trustees own rights,
duties or immunities under the Debt Securities and this Indenture in a manner which is not
reasonably acceptable to the Trustee.

Each
Registered Security shall be dated the date of its authentication.

No
Debt Security shall be entitled to any benefit under this Indenture or be valid or
obligatory for any purpose unless there appears on such Debt Security a certificate of
authentication substantially in one of the forms provided for herein duly executed by the
Trustee or by an Authenticating Agent, and such certificate upon any Debt Security shall
be conclusive evidence, and the only evidence, that such Debt Security has been duly
authenticated and delivered hereunder and is entitled to the benefits of this Indenture.
Notwithstanding the foregoing, if any Debt Security shall have been duly authenticated and
delivered hereunder but never issued and sold by the Company, and the Company shall
deliver such Debt Security to the Trustee for cancellation as provided in Section 3.08
together with a written statement (which need not comply with Section 1.02) stating that
such Debt Security has never been issued and sold by the Company, for all purposes of this
Indenture such Debt Security shall be deemed never to have been authenticated and
delivered hereunder and shall never be entitled to the benefits of this Indenture.

Section 3.04.     Temporary Debt Securities; Global Notes Representing Registered Securities.

(a)    
          Pending the preparation of definitive Registered Securities of any series, the
          Company may execute, and upon Company Order the Trustee shall authenticate and
          deliver, temporary Registered Securities which are printed, lithographed,
          typewritten, mimeographed or otherwise produced, in any authorized denomination
          for Registered Securities of such series, substantially of the tenor of the
          definitive Registered Securities in lieu of which they are issued and with such
          appropriate insertions, omissions, substitutions and other variations as the
          officers executing such Registered Securities may determine, as conclusively
          evidenced by their execution of such Registered Securities. Every such temporary
          Registered Security shall be executed by the Company and shall be authenticated
          and delivered by the Trustee upon the same conditions and in substantially the
          same manner, and with the same effect, as the definitive Registered Securities
          in lieu of which they are issued.

If
temporary Debt Securities of any series are issued, the Company will cause definitive Debt
Securities of such series to be prepared without unreasonable delay. After the preparation
of definitive Debt Securities of such series, the temporary Debt Securities of such series
shall be exchangeable for definitive Debt Securities of such series, of a like Stated
Maturity and with like terms and provisions, upon surrender of the temporary Debt
Securities of such series at the office or agency of the Company in a Place of Payment for
such series, without charge to the Holder, except as provided in Section 3.05 in
connection with a transfer. Upon surrender for cancellation of any one or more temporary
Debt Securities of any series, the Company shall execute and the Trustee shall
authenticate and deliver in exchange therefor a like principal amount of definitive Debt
Securities of the same series of authorized denominations and of a like Stated Maturity
and like terms and provisions. Until so exchanged, the temporary Registered Securities of
any series shall in all respects be entitled to the same benefits under this Indenture as
definitive Registered Securities of such series.

20

(b)    
          If the Company shall establish pursuant to Section 3.01 that the Registered
          Securities of a series are to be issued in whole or in part in the form of one
          or more Global Notes, then the Company shall execute and the Trustee shall, in
          accordance with Section 3.03 and the Company Order with respect to such
          series, authenticate and deliver one or more Global Notes in temporary or
          permanent form that (i) shall represent and shall be denominated in an
          amount equal to the aggregate principal amount of the Outstanding Debt
          Securities of such series to be represented by one or more Global Notes,
          (ii) shall be registered in the name of the Depositary for such Global Note
          or Notes or the nominee of such depositary, (iii) shall be delivered by the
          Trustee to such Depositary or delivered or held pursuant to such
          Depositarys instructions, and (iv) shall bear a legend substantially
          to the following effect: This Debt Security may not be transferred except
          as a whole 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, unless and until this Debt Security is exchanged in whole
          or in part for Debt Securities in definitive form.

Each
Depositary designated pursuant to Section 3.01 must, at the time of its designation
and at all times while it serves as Depositary, be a clearing agency registered under the
Exchange Act and any other applicable statute or regulation.

Notwithstanding
any other provision of this Section or Section 3.05, unless and until a Global Note
is exchanged in whole or in part for Registered Securities in definitive form, a Global
Note representing all or a portion of the Registered Securities of a series may not be
transferred except as a whole by the Depositary for such series to a nominee of such
Depositary or by a nominee of such Depositary to such Depositary or another nominee of
such Depositary or by such Depositary or any such nominee to a successor Depositary for
such series or a nominee of such successor Depositary.

If
at any time the Depositary for the Debt Securities of a series notifies the Company that
it is unwilling or unable to continue as Depositary for the Debt Securities of such series
or if at any time the Depositary for Debt Securities of a series shall no longer be a
clearing agency registered and in good standing under the Exchange Act or other applicable
statute or regulation (as required by this Section 3.04), the Company shall appoint a
successor Depositary eligible under this Section 3.04 with respect to the Debt Securities
of such series. If a successor Depositary for the Debt Securities of such series is not
appointed by the Company within 90 days after the Company receives such notice or becomes
aware of such condition, the Company will execute, and the Trustee, upon receipt of a
Company Order for the authentication and delivery of definitive Debt Securities of such
series, will authenticate and deliver, Registered Securities of such series in definitive
form in an aggregate principal amount equal to the principal amount of the Global Note or
Notes representing such series in exchange for such Global Note or Notes.

The
Company may at any time and in its sole discretion determine that the Registered
Securities of any series issued in the form of one or more Global Notes shall no longer be
represented by such Global Note or Notes. In such event, the Company will execute, and the
Trustee, upon receipt of a Company Order for the authentication and delivery of definitive
Debt Securities of such series, will authenticate and deliver, Registered Securities of
such series in definitive form and in an aggregate principal amount equal to the principal
amount of the Global Note or Notes representing such series in exchange for such Global
Note or Notes.

21

If
the Registered Securities of any series shall have been issued in the form of one or more
Global Notes and if an Event of Default with respect to the Debt Securities of such series
shall have occurred and be continuing, the Company will promptly execute, and the Trustee,
upon receipt of a Company Order for the authentication and delivery of definitive Debt
Securities of such series, will authenticate and deliver, Registered Securities of such
series in definitive form and in an aggregate principal amount equal to the principal
amount of the Global Note or Notes representing such series in exchange for such Global
Note or Notes.

If
specified by the Company pursuant to Section 3.01 with respect to Registered Securities of
a series, the Depositary for such series of Registered Securities may surrender a Global
Note for such series of Debt Securities in exchange in whole or in part for Registered
Securities of such series in definitive form on such terms as are acceptable to the
Company and such depositary. Thereupon, the Company shall execute and the Trustee shall
authenticate and deliver, without charge:

| | (i)       
               to each Person specified by the Depositary a new Registered Security or
               Securities of the same series, of any authorized denomination as requested by
               such Person in an aggregate principal amount equal to and in exchange for such
               Persons beneficial interest in the Global Note; and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii)       
               to the Depositary a new Global Note in a denomination equal to the difference,
               if any, between the principal amount of the surrendered Global Note and the
               aggregate principal amount of Registered Securities delivered to Holders
               thereof.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Upon
the exchange of a Global Note for Registered Securities in definitive form, such Global
Note shall be cancelled by the Trustee. Debt Securities issued in exchange for a Global
Note pursuant to this subsection (b) shall be registered in such names and in such
authorized denominations as the Depositary for such Global Note, pursuant to instructions
from its direct or indirect participants or otherwise, shall instruct the Trustee. The
Trustee shall deliver such Debt Securities to the Persons in whose names such Debt
Securities are so registered.

Section 3.05.     Registration; Registration of Transfer and Exchange.

(a)    
          The Company shall cause to be kept at the Corporate Trust Office of the Trustee
          a register (the registers maintained in such office and in any other office or
          agency of the Company in a Place of Payment being herein sometimes collectively
          referred to as the Security Register) in which, subject to such
          reasonable regulations as it may prescribe, the Company shall provide for the
          registration of Registered Securities and of transfers and exchanges of
          Registered Securities. The Trustee is hereby appointed Security
          Registrar for the purpose of registering Registered Securities and
          registering transfers and exchanges of Registered Securities as herein provided;
          provided, however, that the Company may appoint co-Security Registrars at its
          option.

Upon
surrender for registration of transfer of any Registered Security of any series at the
office or agency of the Company maintained for such purpose, the Company shall execute,
and the Trustee shall authenticate and deliver, in the name of the designated transferee,
one or more new Registered Securities of the same series of like aggregate principal
amount of such denominations as are authorized for Registered Securities of such series
and of a like Stated Maturity and with like terms and conditions.

22

Except
as otherwise provided in Section 3.04 and this Section 3.05, at the option of
the Holder, Registered Securities of any series may be exchanged for other Registered
Securities of the same series of like aggregate principal amount and of a like Stated
Maturity and with like terms and conditions, upon surrender of the Registered Securities
to be exchanged at such office or agency. Whenever any Registered Securities are
surrendered for exchange, the Company shall execute, and the Trustee shall authenticate
and deliver, the Registered Securities which the Holder making the exchange is entitled to
receive.

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

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

No
service charge will be made for any transfer or exchange of Debt Securities except as
provided in Section 3.06. The Company may require payment of a sum sufficient to
cover any tax or other governmental charge that may be imposed in connection with any
registration, transfer or exchange of Debt Securities, other than those expressly provided
in this Indenture to be made at the Companys own expense or without expense or
without charge to the Holders.

The
Company shall not be required (i) to register, transfer or exchange Debt Securities
of any series during a period beginning at the opening of business 15 days before the day
of the transmission of a notice of redemption of Debt Securities of such series selected
for redemption under Section 13.03 and ending at the close of business on the day of
such transmission, or (ii) to register, transfer or exchange any Debt Security so
selected for redemption in whole or in part, except the unredeemed portion of any Debt
Security being redeemed in part.

Section 3.06.     Mutilated, Destroyed, Lost and Stolen Debt Securities.

If
(i) any mutilated Debt Security is surrendered to the Trustee at its Corporate Trust
Office, or (ii) the Company and the Trustee receive evidence to their satisfaction of
the destruction, loss or theft of any Debt Security, and there is delivered to the Company
and the Trustee such security or indemnity as may be required by them to save each of them
and any Paying Agent harmless, and neither the Company nor the Trustee receives notice
that such Debt Security has been acquired by a bona fide purchaser, then the Company shall
execute and upon Company Request the Trustee shall authenticate and deliver, in exchange
for or in lieu of any such mutilated, destroyed, lost or stolen Debt Security, a new Debt
Security of the same series of like Stated Maturity and with like terms and conditions and
like principal amount, bearing a number not contemporaneously used with respect to any
Debt Securities Outstanding. If, after the delivery of such replacement Debt Security, a
bona fide purchaser of the original Debt Security in lieu of which such replacement Debt
Security was issued presents for payment or registration such original Debt Security, the
Trustee and the Company, as applicable, shall be entitled to recover such replacement Debt
Security from the Person to whom it was delivered or any Person taking therefrom, except a
bona fide purchaser thereof, and shall be entitled to recover upon the security or
indemnity provided therefor to the extent of any loss, damage, cost or expense incurred by
the Company or the Trustee, or any agent or agents of any of them, in connection
therewith.

23

In
case any such mutilated, destroyed, lost or stolen Debt Security has become or is about to
become due and payable, the Company in its discretion may, instead of issuing a new Debt
Security, pay the amount due on such Debt Security in accordance with its terms.

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

Subject
to the provisions of the last sentence of the first paragraph of this Section, every new
Debt Security of any series issued pursuant to this Section shall constitute an original
additional contractual obligation of the Company, whether or not the destroyed, lost or
stolen Debt Security shall be at any time enforceable by anyone, and shall be entitled to
all the benefits of this Indenture equally and proportionately with any and all other Debt
Securities of that series duly issued hereunder.

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

Section 3.07.     Payment of Interest; Interest Rights Preserved.

(a)    
          Interest on any Registered Security which is payable and is punctually paid or
          duly provided for on any Interest Payment Date shall be paid to the Person in
          whose name such Registered Security (or one or more Predecessor Securities) is
          registered at the close of business on the Regular Record Date for such interest
          notwithstanding the cancellation of such Registered Security upon any transfer
          or exchange subsequent to the Regular Record Date. Unless otherwise specified as
          contemplated by Section 3.01 with respect to the Debt Securities of any series,
          payment of interest on Registered Securities shall be made at the place or
          places specified pursuant to Section 3.01 or, at the option of the Company, by
          check mailed to the address of the Person entitled thereto as such address
          appears in the Security Register or, if provided pursuant to Section 3.01, by
          wire transfer to an account designated by the Registered Holder.

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

| | (1)       
               The Company may elect to make payment of any Defaulted Interest to the Persons
               in whose names such Registered Securities (or their respective Predecessor
               Securities) are registered at the close of business on a Special Record Date for
               the payment of such Defaulted Interest, which shall be fixed in the following
               manner. The Company shall notify the Trustee in writing of the amount of
               Defaulted Interest proposed to be paid on each such Registered Security and the
               date of the proposed payment, and at the same time the Company shall deposit
               with the Trustee an amount of money in the Currency or Currency unit in which
               the Debt Securities of such series are payable (except as otherwise specified
               pursuant to Sections 3.01 or 3.10) equal to the aggregate amount proposed
               to be paid in respect of such Defaulted Interest or shall make arrangements
               satisfactory to the Trustee for such deposit prior to the date of the proposed
               payment, such money when deposited to be held in trust for the benefit of the
               Persons entitled to such Defaulted Interest as in this clause provided.
               Thereupon the Trustee shall fix a Special Record Date for the payment of such
               Defaulted Interest which date shall be not more than 15 days and not less than
               10 days prior to the date of the proposed payment and not less than 10 days
               after the receipt by the Trustee of the notice of the proposed payment. The
               Trustee shall promptly notify the Company of such Special Record Date and, in
               the name and at the expense of the Company, shall cause notice of the proposed
               payment of such Defaulted Interest and the Special Record Date therefor to be
               mailed, first-class postage prepaid, to the Holders of such Registered
               Securities at their addresses as they appear in the Security Register, not less
               than 10 days prior to such Special Record Date. Notice of the proposed payment
               of such Defaulted Interest and the Special Record Date therefor having been
               mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in
               whose names such Registered Securities (or their respective Predecessor
               Securities) are registered at the close of business on such Special Record Date
               and shall no longer be payable pursuant to the following clause (2).
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

24

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

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

| | (d)       
               Interest payable with respect to Debt Securities surrendered for conversion
               shall be subject to the provisions of Section 16.09.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 3.08.     Cancellation.

Unless
otherwise specified pursuant to Section 3.01 for Debt Securities of any series, all
Debt Securities surrendered for payment, redemption, transfer, exchange or credit against
any sinking fund shall, if surrendered to any Person other than the Trustee, be delivered
to the Trustee. All Registered Securities so delivered shall be promptly cancelled by the
Trustee. The Company may at any time deliver to the Trustee for cancellation any Debt
Securities previously authenticated and delivered hereunder which the Company may have
acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person
for delivery to the Trustee) for cancellation any Debt Securities previously authenticated
hereunder which the Company has not issued, and all Debt Securities so delivered shall be
promptly cancelled by the Trustee. No Debt Securities shall be authenticated in lieu of or
in exchange for any Debt Securities cancelled as provided in this Section, except as
expressly permitted by this Indenture. All cancelled Debt Securities held by the Trustee
shall be delivered to the Company upon Company Request. The acquisition of any Debt
Securities by the Company shall not operate as a redemption or satisfaction of the
indebtedness represented thereby unless and until such Debt Securities are surrendered to
the Trustee for cancellation. Permanent Global Notes shall not be destroyed until
exchanged in full for definitive Debt Securities or until payment thereon is made in full.

25

Section 3.09.     Computation of Interest.

Except
as otherwise specified pursuant to Section 3.01 for Debt Securities of any series,
interest on the Debt Securities of each series shall be computed on the basis of a 360-day
year of twelve 30-day months.

Section 3.10.     Currency of Payments in Respect of Debt Securities.

(a)       
          With respect to Registered Securities of any series not permitting the election
          provided for in paragraph (b) below or the Holders of which have not made the
          election provided for in paragraph (b) below, except as provided in paragraph
          (d) below, payment of the principal of (and premium, if any) and any interest on
          any Registered Security of such series will be made in the Currency in which
          such Registered Security is payable.

(b)       
          It may be provided pursuant to Section 3.01 with respect to the Registered
          Securities of any series that Holders shall have the option, subject to
          paragraphs (d) and (e) below, to receive payments of principal of (and premium,
          if any) and any interest on such Registered Securities in any of the Currencies
          which may be designated for such election by delivering to the Trustee a written
          election, to be in form and substance satisfactory to the Trustee, not later
          than the close of business on the Election Date immediately preceding the
          applicable payment date. If a Holder so elects to receive such payments in any
          such Currency, such election will remain in effect for such Holder or any
          transferee of such Holder until changed by such Holder or such transferee by
          written notice to the Trustee (but any such change must be made not later than
          the close of business on the Election Date immediately preceding the next
          payment date to be effective for the payment to be made on such payment date and
          no such change or election may be made with respect to payments to be made on
          any Registered Security of such series with respect to which an Event of Default
          has occurred or notice of redemption has been given by the Company pursuant to
          Article Thirteen). Any Holder of any such Registered Security who shall not have
          delivered any such election to the Trustee by the close of business on the
          applicable Election Date will be paid the amount due on the applicable payment
          date in the relevant Currency as provided in paragraph (a) of this Section 3.10.

(c)       
          If the election referred to in paragraph (b) above has been provided for
          pursuant to Section 3.01, then not later than the fourth Business Day after
          the Election Date for each payment date, the Trustee will deliver to the Company
          a written notice specifying the Currency in which each such of the Registered
          Securities is payable, the respective aggregate amounts of principal of (and
          premium, if any) and any interest on the Registered Securities to be paid on
          such payment date, specifying the amounts so payable in respect of the
          Registered Securities as to which the Holders of Registered Securities
          denominated in any Currency shall have elected to be paid in another Currency as
          provided in paragraph (b) above. If the election referred to in paragraph (b)
          above has been provided for pursuant to Section 3.01 and if at least one Holder
          has made such election, then, on the second Business Day preceding each payment
          date, the Company will deliver to the Trustee an Exchange Rate Officers
          Certificate in respect of the Currency payments to be made on such payment date.
          The Currency amount receivable by Holders of Registered Securities who have
          elected payment in a Currency as provided in paragraph (b) above shall be
          determined by the Company on the basis of the applicable Market Exchange Rate in
          effect on the third Business Day (the Valuation Date) immediately
          preceding each payment date.

26

(d)       
          If a Conversion Event occurs with respect to a Foreign Currency, or any other
          Currency unit in which any of the Debt Securities are denominated or payable
          other than pursuant to an election provided for pursuant to paragraph (b) above,
          then with respect to each date for the payment of principal of (and premium, if
          any) and any interest on the applicable Debt Securities denominated or payable
          in such Foreign Currency, or such other Currency unit occurring after the last
          date on which such Foreign Currency, or such other Currency unit was used (the
          Conversion Date), the Dollar shall be the Currency of payment for
          use on each such payment date. The Dollar amount to be paid by the Company to
          the Trustee and by the Trustee or any Paying Agent to the Holders of such Debt
          Securities with respect to such payment date shall be the Dollar Equivalent of
          the Foreign Currency or, in the case of a Currency unit, the Dollar Equivalent
          of the Currency Unit, in each case as determined by the Currency Determination
          Agent, if any, or, if there shall not be a Currency Determination Agent, then by
          the Trustee, in the manner provided in paragraph (f) or (g) below.

(e)       
          If the Holder of a Registered Security denominated in any Currency shall have
          elected to be paid in another Currency as provided in paragraph (b) above, and a
          Conversion Event occurs with respect to such elected Currency, such Holder shall
          receive payment in the Currency in which payment would have been made in the
          absence of such election. If a Conversion Event occurs with respect to the
          Currency in which payment would have been made in the absence of such election,
          such Holder shall receive payment in Dollars as provided in paragraph (d) of
          this Section 3.10.

(f)       
          The Dollar Equivalent of the Foreign Currency shall be determined by
          the Currency Determination Agent, if any, or, if there shall not be a Currency
          Determination Agent, then by the Trustee, and shall be obtained for each
          subsequent payment date by converting the specified Foreign Currency into
          Dollars at the Market Exchange Rate on the Conversion Date.

(g)       
          The Dollar Equivalent of the Currency Unit shall be determined by
          the Currency Determination Agent, if any, or, if there shall not be a Currency
          Determination Agent, then by the Trustee, and subject to the provisions of
          paragraph (h) below, shall be the sum of each amount obtained by converting the
          Specified Amount of each Component Currency into Dollars at the Market Exchange
          Rate for such Component Currency on the Valuation Date with respect to each
          payment.

(h)       
          For purposes of this Section 3.10 the following terms shall have the following
          meanings:

A
Component Currency shall mean any Currency which, on the Conversion Date, was
a component Currency of the relevant Currency unit.

| | A
Specified Amount of a Component Currency shall mean the number of units of
such Component Currency or fractions thereof which were represented in the relevant
Currency unit on the Conversion Date. If after the Conversion Date the official unit of
any Component Currency is altered by way of combination or subdivision, the Specified
Amount of such Component Currency shall be divided or multiplied in the same proportion.
If after the Conversion Date two or more Component Currencies are consolidated into a
single Currency, the respective Specified Amounts of such Component Currencies shall be
replaced by an amount in such single Currency equal to the sum of the respective Specified
Amounts of such consolidated Component Currencies expressed in such single Currency, and
such amount shall thereafter be a Specified Amount and such single Currency shall
thereafter be a Component Currency. If after the Conversion Date any Component Currency
shall be divided into two or more Currencies, the Specified Amount of such Component
Currency shall be replaced by amounts of such two or more Currencies with appropriate
Dollar equivalents at the Market Exchange Rate on the date of such replacement equal to
the Dollar equivalent of the Specified Amount of such former Component Currency at the
Market Exchange Rate on such date, and such amounts shall thereafter be Specified Amounts
and such Currencies shall thereafter be Component Currencies. If after the Conversion Date
of the relevant Currency unit a Conversion Event (other than any event referred to above
in this definition of Specified Amount) occurs with respect to any Component
Currency of such Currency unit, the Specified Amount of such Component Currency shall, for
purposes of calculating the Dollar Equivalent of the Currency Unit, be converted into
Dollars at the Market Exchange Rate in effect on the Conversion Date of such Component
Currency.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

27

| | Election
Date shall mean the record date with respect to any payment date, and with respect
to the Maturity shall mean the record date (if within 16 or fewer days prior to the
Maturity) immediately preceding the Maturity, and with respect to any series of Debt
Securities whose record date immediately preceding the Maturity is more than 16 days prior
to the Maturity or any series of Debt Securities for which no record dates are provided
with respect to interest payments, shall mean the date which is 16 days prior to the
Maturity.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(i)       
          All decisions and determinations of the Trustee or the Currency Determination
          Agent, if any, regarding the Dollar Equivalent of the Foreign Currency, the
          Dollar Equivalent of the Currency Unit and the Market Exchange Rate shall be in
          its sole discretion and shall, in the absence of manifest error, be conclusive
          for all purposes and irrevocably binding upon the Company and all Holders of the
          Debt Securities denominated or payable in the relevant Currency. In the event of
          a Conversion Event with respect to a Foreign Currency, the Company, after
          learning thereof, will immediately give written notice thereof to the Trustee
          (and the Trustee will promptly thereafter give notice in the manner provided in
          Section 1.05 to the Holders) specifying the Conversion Date. In the event of a
          Conversion Event with respect to any Currency unit in which Debt Securities are
          denominated or payable, the Company, after learning thereof, will immediately
          give notice thereof to the Trustee (and the Trustee will promptly thereafter
          give written notice in the manner provided in Section 1.05 to the Holders)
          specifying the Conversion Date and the Specified Amount of each Component
          Currency on the Conversion Date. In the event of any subsequent change in any
          Component Currency as set forth in the definition of Specified Amount above, the
          Company, after learning thereof, will similarly give written notice to the
          Trustee. The Trustee shall be fully justified and protected in relying and
          acting upon information received by it from the Company and the Currency
          Determination Agent, if any, and shall not otherwise have any duty or obligation
          to determine such information independently.

(j)       
          For purposes of any provision of the Indenture where the Holders of Outstanding
          Debt Securities may perform an Act which requires that a specified percentage of
          the Outstanding Debt Securities of all series perform such Act and for purposes
          of any decision or determination by the Trustee of amounts due and unpaid for
          the principal (and premium, if any) and interest on the Debt Securities of all
          series in respect of which moneys are to be disbursed ratably, the principal of
          (and premium, if any) and interest on the Outstanding Debt Securities
          denominated in a Foreign Currency will be the amount in Dollars based upon the
          Market Exchange Rate for Debt Securities of such series, as of the date for
          determining whether the Holders entitled to perform such Act have performed it,
          or as of the date of such decision or determination by the Trustee, as the case
          may be.

28

Section 3.11.     Judgments.

If
for the purpose of obtaining a judgment in any court with respect to any obligation of the
Company hereunder or under any Debt Security, it shall become necessary to convert into
any other Currency any amount in the Currency due hereunder or under such Debt Security,
then such conversion shall be made at the Market Exchange Rate as in effect on the date
the Company shall make payment to any Person in satisfaction of such judgment. If pursuant
to any such judgment, conversion shall be made on a date other than the date payment is
made and there shall occur a change between such Market Exchange Rate and the Market
Exchange Rate as in effect on the date of payment, the Company agrees to pay such
additional amounts (if any) as may be necessary to ensure that the amount paid is equal to
the amount in such other Currency which, when converted at the Market Exchange Rate as in
effect on the date of payment or distribution, is the amount then due hereunder or under
such Debt Security. Any amount due from the Company under this Section 3.11 shall be due
as a separate debt and is not to be affected by or merged into any judgment being obtained
for any other sums due hereunder or in respect of any Debt Security. In no event, however,
shall the Company be required to pay more in the Currency or Currency unit due hereunder
or under such Debt Security at the Market Exchange Rate as in effect when payment is made
than the amount of Currency stated to be due hereunder or under such Debt Security so that
in any event the Companys obligations hereunder or under such Debt Security will be
effectively maintained as obligations in such Currency, and the Company shall be entitled
to withhold (or be reimbursed for, as the case may be) any excess of the amount actually
realized upon any such conversion over the amount due and payable on the date of payment
or distribution.

Section 3.12.     Exchange Upon Default.

If
default is made in the payments referred to in Section 12.01, the Company hereby
undertakes that upon presentation and surrender of a permanent Global Note to the Trustee
(or to any other Person or at any other address as the Company may designate in writing),
on any Business Day on or after the maturity date thereof the Company will issue and the
Trustee will authenticate and deliver to the Holder of such permanent Global Note duly
executed and authenticated definitive Debt Securities with the same issue date and
maturity date as set out in such permanent Global Note.

Section 3.13.     CUSIP and ISN Numbers.

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

29

ARTICLE FOUR

Satisfaction and
Discharge

Section 4.01.     Satisfaction and Discharge of Indenture.

This
Indenture, with respect to the Debt Securities of any series (if all series issued under
this Indenture are not to be affected), shall, upon a Company Request, cease to be of
further effect (except as to any surviving rights of registration of transfer or exchange
of such Debt Securities herein expressly provided for and rights to receive payments of
principal (and premium, if any) and interest on such Debt Securities) and the Trustee, at
the expense of the Company, shall execute proper instruments acknowledging satisfaction
and discharge of this Indenture, when

| | (1)       
               either
| | --------------------------------

| | (A)       
               all Debt Securities of such series theretofore authenticated and delivered
               (other than (i) Debt Securities of such series which have been destroyed, lost
               or stolen and which have been replaced or paid as provided in Section 3.06,
               and (ii) Debt Securities of such series for whose payment money has theretofore
               been deposited in trust or segregated and held in trust by the Company and
               thereafter repaid to the Company or discharged from such trust, as provided in
               Section 12.04) have been delivered to the Trustee for cancellation; or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (B)       
               all Debt Securities of such series not theretofore delivered to the Trustee for
               cancellation,
| | --------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | have become due and payable, or
| | ---- | -------------------------------

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

| | (iii) | are to be called for redemption within one year under arrangements satisfactory
               to the Trustee for the giving of notice by the Trustee in the name, and at the
               expense, of the Company,
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | and
the Company, either complies with any other condition or terms specified pursuant to
Section 3.01, or if not so specified in the case of (i), (ii) or (iii) of this
subclause (B), has irrevocably deposited or caused to be deposited with the Trustee as
trust funds in trust for such purpose an amount in the Currency in which such Debt
Securities are denominated (except as otherwise provided pursuant to Section 3.01 or
3.10) sufficient to pay and discharge the entire indebtedness on such Debt Securities for
principal (and premium, if any) and interest to the date of such deposit (in the case of
Debt Securities which have become due and payable) or to the Stated Maturity or Redemption
Date, as the case may be; provided, however, in the event a petition for relief under the
Federal bankruptcy laws, as now or hereafter constituted, or any other applicable Federal
or state bankruptcy, insolvency or other similar law, is filed with respect to the Company
within 91 days after the deposit and the Trustee is required to return the deposited money
to the Company, the obligations of the Company under this Indenture with respect to such
Debt Securities shall not be deemed terminated or discharged;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

30

| | (2)       
               the Company has paid or caused to be paid all other sums payable hereunder by
               the Company; and
| | ---------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               the Company has delivered to the Trustee an Officers Certificate and an
               Opinion of Counsel each stating that all conditions precedent herein provided
               for relating to the satisfaction and discharge of this Indenture with respect to
               such series have been complied with..
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Notwithstanding the satisfaction and
discharge of this Indenture, the obligations of the Company to the Trustee under
Section 6.07, the obligations of the Trustee to any Authenticating Agent under
Section 6.14, the obligations of the Company under Section 12.01, and, if money
shall have been deposited with the Trustee pursuant to subclause (B) of clause (1) of this
Section, the obligations of the Trustee under Section 4.02 and the last paragraph of
Section 12.04, shall survive. If, after the deposit referred to in this
Section 4.01 has been made, (x) the Holder of a Debt Security is entitled to, and
does, elect pursuant to Section 3.10(b), to receive payment in a Currency other than
that in which the deposit pursuant to this Section 4.01 was made, or (y) if a
Conversion Event occurs with respect to the Currency in which the deposit was made or
elected to be received by the Holder pursuant to Section 3.10(b), then the
indebtedness represented by such Debt Security shall be fully discharged to the extent
that the deposit made with respect to such Debt Security shall be converted into the
Currency in which such payment is made.

Section 4.02.     Application of Trust Money.

Subject
to the provisions of the last paragraph of Section 12.04, all money deposited with
the Trustee pursuant to Section 4.01 shall be held in trust and applied by it, in
accordance with the provisions of the Debt Securities and this Indenture, to the payment,
either directly or through any Paying Agent (including the Company acting as its own
Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the
principal (and premium, if any) and interest for whose payment such money has been
deposited with the Trustee.

ARTICLE FIVE

Remedies

Section 5.01.     Events of Default.

Event
of Default wherever used herein with respect to Debt Securities of any series means
any one of the following events (whatever the reason for such Event of Default and whether
it shall be voluntary or involuntary or be effected by operation of law, pursuant to any
judgment, decree or order of any court or any order, rule or regulation of any
administrative or governmental body):

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

| | (2)       
               default in the payment of the principal of (and premium, if any, on) any Debt
               Security of such series at its Maturity; or
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               default in the deposit of any sinking fund payment or analogous obligation when
               and as due by the terms of a Debt Security of such series; or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

31

| | (4)       
               default in the performance of any covenant of the Company in this Indenture
               (other than a covenant a default in whose performance is elsewhere in this
               Section specifically dealt with or which expressly has been included in this
               Indenture solely for the benefit of Debt Securities of a series other than such
               series), and continuance of such default for a period of 60 days after there has
               been given, by registered or certified mail, to the Company by the Trustee or to
               the Company and the Trustee by the Holders of at least 25% in principal amount
               of the Outstanding Debt Securities of such series, a written notice specifying
               such default and requiring it to be remedied and stating that such notice is a
               Notice of Default hereunder; or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               if such Debt Securities are guaranteed by any one or more Subsidiaries of the
               Company, except as otherwise permitted pursuant to Section 3.01 for Debt
               Securities of such series, such guarantee or guarantees, as applicable, shall be
               held in any judicial proceeding to be unenforceable or invalid or shall cease
               for any reason to be in full force and effect, or any such Subsidiary guarantor
               (or Person acting on its behalf) shall deny or disaffirm its obligations under
               such guarantee (other than by reason of the termination of this Indenture or the
               release of any such guarantee in accordance with this Indenture);
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               the entry of a decree or order for relief in respect of the Company by a court
               having jurisdiction in the premises in an involuntary case under the Federal
               bankruptcy laws, as now or hereafter constituted, or any other applicable
               Federal or State bankruptcy, insolvency or other similar law, or a decree or
               order adjudging the Company a bankrupt or insolvent, or approving as properly
               filed a petition seeking reorganization, arrangement, adjustment or composition
               of or in respect of the Company under any applicable Federal or State law, or
               appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator
               (or other similar official) of the Company or of any substantial part of its
               property, or ordering the winding up or liquidation of its affairs, and the
               continuance of any such decree or order unstayed and in effect for a period of
               90 consecutive days; or
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (7)       
               the commencement by the Company of a voluntary case under the Federal bankruptcy
               laws, as now or hereafter constituted, or any other applicable Federal or State
               bankruptcy, insolvency or other similar law, or the consent by it to the entry
               of an order for relief in an involuntary case under any such law or to the
               appointment of a receiver, liquidator, assignee, custodian, trustee,
               sequestrator (or other similar official) of the Company or of any substantial
               part of its property, or the making by it of an assignment for the benefit of
               its creditors, or the admission by it in writing of its inability to pay its
               debts generally as they become due, or the taking of corporate action by the
               Company in furtherance of any such action; or
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (8)       
               any other Event of Default provided with respect to Debt Securities of that
               series pursuant to Section 3.01 or added pursuant to Section 11.01(3).
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 5.02.     Acceleration of Maturity; Rescission and Annulment.

If
an Event of Default with respect to Debt Securities of any series at the time Outstanding
occurs and is continuing, then in every such case the Trustee or the Holders of not less
than 25% in principal amount of the Outstanding Debt Securities of such series may declare
the principal amount (or, if any Debt Securities of such series are Discount Securities,
such portion of the principal amount of such Discount Securities as may be specified in
the terms of such Discount Securities) of all the Debt Securities of such series to be due
and payable immediately, by a notice in writing to the Company (and to the Trustee if
given by Holders), and upon any such declaration such principal amount (or specified
amount) plus accrued and unpaid interest (and premium, if payable) shall become
immediately due and payable. Upon payment of such amount in the Currency in which such
Debt Securities are denominated (except as otherwise provided pursuant to
Section 3.01 or 3.10), all obligations of the Company in respect of the payment of
principal of the Debt Securities of such series shall terminate.

32

At
any time after such a declaration of acceleration with respect to Debt Securities of any
series has been made and before a judgment or decree has been issued based on such
acceleration, the Holders of a majority in principal amount of the Outstanding Debt
Securities of such series, by written notice to the Company and the Trustee, may rescind
and annul such declaration and its consequences if

| | (1)       
               the Company has paid or deposited with the Trustee a sum in the Currency in
               which such Debt Securities are denominated (except as otherwise provided
               pursuant to Section 3.01 or 3.10) sufficient to pay
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (A)       
               all overdue installments of interest on all Debt Securities of such series,
| | -----------------------------------------------------------------------------------------------------

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

| | (C)       
               to the extent that payment of such interest is legally enforceable, interest
               upon overdue installments of interest on each Debt Security of such series at
               the Overdue Rate, and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (D)       
               all sums paid or advanced by the Trustee hereunder and the reasonable
               compensation, expenses, disbursements and advances of the Trustee, its agents
               and counsel; provided, however, that all sums payable under this clause (D)
               shall be paid in Dollars;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

and

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

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

Section 5.03.     Collection of Indebtedness and Suits for Enforcement by Trustee.

The
Company covenants that if

| | (1)       
               default is made in the payment of any installment of interest on any Debt
               Security when such payment becomes due and payable and such default continues
               for a period of 30 days,
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

33

| | (2)       
               default is made in the payment of principal of (or premium, if any, on) any Debt
               Security at the Maturity thereof, or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               default is made in the making or satisfaction of any sinking fund payment or
               analogous obligation when the same becomes due pursuant to the terms of the Debt
               Securities of any series,
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

the Company will, upon demand of the
Trustee, pay to it, for the benefit of the Holders of such Debt Securities, the amount
then due and payable on such Debt Securities, for the principal (and premium, if any) and
interest, if any, and, to the extent that payment of such interest shall be legally
enforceable, interest upon the overdue principal (and premium, if any) and upon overdue
installments of interest, at the Overdue Rate; and, in addition thereto, such further
amount as shall be sufficient to cover the costs and expenses of collection, including the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel.

If
the Company fails to pay such amount forthwith upon such demand, the Trustee, in its own
name and as trustee of an express trust, may institute a judicial proceeding for the
collection of the sums so due and unpaid, and may prosecute such proceeding to judgment or
final decree, and may enforce the same against the Company or any other obligor upon such
Debt Securities, and collect the moneys adjudged or decreed to be payable in the manner
provided by law out of the property of the Company or any other obligor upon such Debt
Securities wherever situated.

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

Section 5.04.     Trustee May File Proofs of Claim.

In
case of the pendency of any receivership, insolvency, liquidation, bankruptcy,
reorganization, arrangement, adjustment, composition or other judicial proceedings, or any
voluntary or involuntary case under the Federal bankruptcy laws, as now or hereafter
constituted, relative to the Company or any other obligor upon the Debt Securities, of a
particular series or the property of the Company or of such other obligor or their
creditors, the Trustee (irrespective of whether the principal of such Debt Securities
shall then be due and payable as therein expressed or by declaration of acceleration or
otherwise and irrespective of whether the Trustee shall have made any demand on the
Company for the payment of overdue principal or interest) shall be entitled and empowered,
by intervention in such proceeding or otherwise,

| | (i)       
               to file and prove a claim for the whole amount of principal (or, if the Debt
               Securities of such series are Discount Securities, such portion of the principal
               amount as may be due and payable with respect to such series pursuant to a
               declaration in accordance with Section 5.02) (and premium, if any) and
               interest owing and unpaid in respect of the Debt Securities of such series and
               to file such other papers or documents as may be necessary or advisable in order
               to have the claims of the Trustee (including any claim for the reasonable
               compensation, expenses, disbursements and advances of the Trustee, its agents
               and counsel) and of the Holders of such Debt Securities allowed in such judicial
               proceeding, and
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

34

(ii)       
          to collect and receive any moneys or other property payable or deliverable on
          any such claims and to distribute the same;

and any receiver, assignee, trustee,
custodian, liquidator, sequestrator (or other similar official) in any such proceeding is
hereby authorized by each such Holder to make such payments to the Trustee, and in the
event that the Trustee shall consent to the making of such payments directly to such
Holders, to pay to the Trustee any amount due it for the reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel, and any other
amounts due the Trustee under Section 6.07.

Nothing
herein contained shall be deemed to authorize the Trustee to authorize or consent to or
accept or adopt on behalf of any Holder any plan of reorganization, arrangement,
adjustment or composition affecting the Debt Securities of such series or the rights of
any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any
Holder in any such proceeding.

Section 5.05.     Trustee May Enforce Claims Without Possession of Debt Securities.

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

Section 5.06.     Application of Money Collected.

Any
money collected by the Trustee pursuant to this Article shall be applied in the following
order, at the date or dates fixed by the Trustee and, in case of the distribution of such
money on account of principal (and premium, if any) or interest, upon presentation of the
Debt Securities of any series in respect of which money has been collected and the
notation thereon of the payment if only partially paid and upon surrender thereof if fully
paid:

| | FIRST:  To the payment of all amounts due the Trustee under Section 6.07.
| | -------------------------------------------------------------------------

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

| | THIRD:  The balance, if any,
to the Person or Persons entitled thereto.
| | -----------------------------------------------------------------------

Section 5.07.     Limitation on Suits.

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

35

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

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

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

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

|(5) | no direction inconsistent with such written request has been given to the
          Trustee during such 60-day period by the Holders of a majority in principal
          amount of the Outstanding Debt Securities of such series;
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

it being understood and intended that
no one or more of such Holders shall have any right in any manner whatever by virtue of,
or by availing of, any provision of this Indenture to affect, disturb or prejudice the
rights of any other such Holders or of the Holders of Outstanding Debt Securities of any
other series, or to obtain or to seek to obtain priority or preference over any other of
such Holders or to enforce any right under this Indenture, except in the manner herein
provided and for the equal and ratable benefit of all of such Holders. For the protection
and enforcement of the provisions of this Section 5.07, each and every Holder of Debt
Securities of any series and the Trustee for such series shall be entitled to such relief
as can be given at law or in equity.

Section 5.08.     Unconditional Right of Holders to Receive Principal, Premium and Interest.

Notwithstanding
any other provision in this Indenture, the Holder of any Debt Security shall have the
right, which is absolute and unconditional, to receive payment of the principal of (and
premium, if any) and (subject to Section 3.07) interest on such Debt Security on the
respective Stated Maturity or Maturities expressed in such Debt Security (or, in the case
of redemption, on the Redemption Date) and to institute suit for the enforcement of any
such payment and interest thereon, and such right shall not be impaired without the
consent of such Holder.

Section 5.09.     Restoration of Rights and Remedies.

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

Section 5.10.     Rights and Remedies Cumulative.

Except
as otherwise expressly provided elsewhere in this Indenture, no right or remedy herein
conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of
any other right or remedy, and every right and remedy shall, to the extent permitted by
law, be cumulative and in addition to every other right and remedy given hereunder or now
or hereafter existing at law or in equity or otherwise. The assertion or employment of any
right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
employment of any other appropriate right or remedy.

36

Section 5.11.     Delay or Omission Not Waiver.

No
delay or omission of the Trustee or of any Holder to exercise any right or remedy accruing
upon any Event of Default shall impair any such right or remedy or constitute a waiver of
any such Event of Default or any acquiescence therein. Every right and remedy given by
this Indenture or by law to the Trustee or to the Holders may be exercised from time to
time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the
case may be.

Section 5.12.     Control by Holders.

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

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

| | (2)       
               subject to the provisions of Sections 6.01 and 6.03, the Trustee shall have
               the right to decline to follow any such direction if the Trustee in good faith
               shall, by a Responsible Officer or Responsible Officers of the Trustee,
               determine that the proceeding so directed would be unjustly prejudicial to the
               Holders of Debt Securities of such series not joining in any such direction; and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               the Trustee may take any other action deemed proper by the Trustee which is not
               inconsistent with such direction.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------

Section 5.13.     Waiver of Past Defaults.

The
Holders of not less than a majority in aggregate principal amount of the Outstanding Debt
Securities of any series may on behalf of the Holders of all the Debt Securities of any
such series waive any past default hereunder with respect to such series and its
consequences, except a default

| | (1)       
               in the payment of the principal of (or premium, if any) or interest on any Debt
               Security of such series, or in the payment of any sinking fund installment or
               analogous obligation with respect to the Debt Securities of such series, or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               in respect of a covenant or provision hereof which pursuant to Article Eleven
               cannot be modified or amended without the consent of the Holder of each
               Outstanding Debt Security of such series affected.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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 Debt Securities of
such series under this Indenture, but no such waiver shall extend to any subsequent or
other default or impair any right consequent thereon.

37

Section 5.14.     Undertaking for Costs.

All
parties to this Indenture agree, and each Holder of any Debt Security by his acceptance
thereof shall be deemed to have agreed, that any court may in its discretion require, in
any suit for the enforcement of any right or remedy under this Indenture, or in any suit
against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing
by any party litigant in such suit other than the Trustee of an undertaking to pay the
costs of such suit, and that such court may in its discretion assess reasonable costs,
including reasonable attorneys fees, against any party litigant in such suit, having
due regard to the merits and good faith of the claims or defenses made by such party
litigant, but the provisions of this Section shall not apply to any suit instituted by the
Trustee, to any suit instituted by any Holder or group of Holders holding in the aggregate
more than 10% in principal amount of the Outstanding Debt Securities of any series, or to
any suit instituted by any Holder of a Debt Security for the enforcement of the payment of
the principal of (or premium, if any) or interest on such Debt Security on or after the
respective Stated Maturity or Maturities expressed in such Debt Security (or, in the case
of redemption, on or after the Redemption Date).

Section 5.15.     Waiver of Stay or Extension Laws.

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

ARTICLE SIX

The Trustee

Section 6.01.     Certain Duties and Responsibilities.

| | (a)       
               Except during the continuance of an Event of Default with respect to the Debt
               Securities of any series,
| | ------------------------------------------------------------------------------------------------------------------------------------------------

| | (1)       
               the Trustee undertakes to perform such duties and only such duties as are
               specifically set forth in this Indenture, and no implied covenants or
               obligations shall be read into this Indenture against the Trustee; and
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

38

| | (b)       
               In case an Event of Default with respect to Debt Securities of any series has
               occurred and is continuing, the Trustee shall, with respect to the Debt
               Securities of such series, exercise such of the rights and powers vested in it
               by this Indenture, and use the same degree of care and skill in their exercise,
               as a prudent man would exercise or use under the circumstances in the conduct of
               his own affairs.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

| | (1)       
               this subsection shall not be construed to limit the effect of subsection (a) of
               this Section;
| | --------------------------------------------------------------------------------------------------------------------------------------

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

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

| | (4)       
               the Trustee shall not be required to expend or risk its own funds or otherwise
               incur any financial liability in the performance of any of its duties hereunder,
               or in the exercise of any of its rights or powers, if it shall have reasonable
               grounds for believing that repayment of such funds or adequate indemnity against
               such risk or liability is not reasonably assured to it.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

Section 6.02.     Notice of Defaults.

Within
90 days after the occurrence of any default hereunder with respect to Debt Securities of
any series, the Trustee shall give notice to all Holders of Debt Securities of such series
of such default hereunder known to the Trustee, unless such default shall have been cured
or waived; provided, however, that, except in the case of a default in the payment of the
principal of (or premium, if any) or interest on any Debt Security of such series or in
the payment of any sinking fund installment with respect to Debt Securities of such
series, the Trustee shall be protected in withholding such notice if and so long as the
board of directors, the executive committee or a trust committee of directors and/or
Responsible Officers of the Trustee in good faith determine that the withholding of such
notice is in the interest of the Holders of Debt Securities of such series; and provided,
further, that in the case of any default of the character specified in Section 5.01(4)
with respect to Debt Securities of such series no such notice to Holders shall be given
until at least 30 days after the occurrence thereof. For the purpose of this Section, the
term default means any event which is, or after notice or lapse of time or
both would become, an Event of Default with respect to Debt Securities of such series.

39

Notice
given pursuant to this Section 6.02 shall be transmitted by mail:

| | (1)       
               to all Registered Holders, as the names and addresses of the Registered Holders
               appear in the Security Register; and
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               to each Holder of a Debt Security of any series whose name and address appear in
               the information preserved at the time by the Trustee in accordance with
               Section 7.02(a) of this Indenture.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 6.03.     Certain Rights of Trustee.

Except
as otherwise provided in Section 6.01:

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

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

(c)       
          whenever in the administration of this Indenture the Trustee shall deem it
          desirable that a matter be proved or established prior to taking, suffering or
          omitting any action hereunder, the Trustee (unless other evidence be herein
          specifically prescribed) may, in the absence of bad faith on its part, rely upon
          an Officers Certificate;

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

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

(f)       
          the Trustee shall not be bound to make any investigation into the facts or
          matters stated in any resolution, certificate, statement, instrument, opinion,
          report, notice, request, direction, consent, order, bond, debenture, note, other
          evidence of indebtedness or other paper or document, but the Trustee, in its
          discretion, may make such further inquiry or investigation into such facts or
          matters as it may see fit, and, if the Trustee shall determine to make such
          further inquiry or investigation, it shall be entitled to examine the books,
          records and premises of the Company, personally or by agent or attorney; and

(g)       
          the Trustee may execute any of the trusts or powers hereunder or perform any
          duties hereunder either directly or by or through agents or attorneys and the
          Trustee shall not be responsible for any misconduct or negligence on the part of
          any agent (including any agent appointed pursuant to Section 3.10(i)) or
          attorney appointed with due care by it hereunder.

40

Section 6.04.     Not Responsible for Recitals or Issuance of Debt Securities.

The
recitals contained herein and in the Debt Securities, except the Trustees
certificates of authentication, shall be taken as the statements of the Company, and the
Trustee assumes no responsibility for their correctness. The Trustee makes no
representations as to the validity or sufficiency of this Indenture or of the Debt
Securities of any series. The Trustee shall not be accountable for the use or application
by the Company of any Debt Securities or the proceeds thereof.

Section 6.05.     May Hold Debt Securities.

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

Section 6.06.     Money Held in Trust.

Money
in any Currency held by the Trustee or any Paying Agent in trust hereunder need not be
segregated from other funds except to the extent required by law. Neither the Trustee nor
any Paying Agent shall be under any liability for interest on any money received by it
hereunder except as otherwise agreed with the Company.

Section 6.07.     Compensation and Reimbursement.

The
Company agrees:

| | (1)       
               to pay to the Trustee from time to time reasonable compensation in Dollars for
               all services rendered by it hereunder (which compensation shall not be limited
               by any provision of law in regard to the compensation of a trustee of an express
               trust);
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               except as otherwise expressly provided herein, to reimburse the trustee in
               Dollars upon its request for all reasonable expenses, disbursements and advances
               incurred or made by the Trustee in accordance with any provision of this
               Indenture (including the reasonable compensation and the expenses and
               disbursements of its agents and counsel), except any such expense, disbursement
               or advance as may be attributable to its negligence or bad faith; and
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               to indemnify in Dollars the Trustee for, and to hold it harmless against, any
               loss, liability or expense incurred without negligence or bad faith on its part,
               arising out of or in connection with the acceptance or administration of this
               trust or performance of its duties hereunder, including the costs and expenses
               of defending itself against any claim or liability in connection with the
               exercise or performance of any of its powers or duties hereunder.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

As
security for the performance of the obligations of the Company under this Section, the
Trustee shall have a claim prior to the Debt Securities, upon all property and funds held
or collected by the Trustee as such, except funds held in trust for the payment of amounts
due on the Debt Securities.

41

The
obligations of the Company under this Section 6.07 to compensate and indemnify the Trustee
for expenses, disbursements and advances shall constitute additional indebtedness under
this Indenture and shall survive the satisfaction and discharge of this Indenture.

Section 6.08.     Disqualification; Conflicting Interests.

(a)       
          If the Trustee has or shall acquire any conflicting interest, as defined in this
          Section with respect to the Debt Securities of any series, then, within 90 days
          after ascertaining that it has such conflicting interest, and if the default (as
          hereinafter defined) to which such conflicting interest relates has not been
          cured or duly waived or otherwise eliminated before the end of such 90-day
          period, the Trustee shall either eliminate such conflicting interest or, except
          as otherwise provided below, resign with respect to the Debt Securities of such
          series, and the Company shall take prompt steps to have a successor appointed,
          in the manner and with the effect hereinafter specified in this Article.

(b)       
          In the event that the Trustee shall fail to comply with the provisions of
          subsection (a) of this Section with respect to the Debt Securities of any
          series, the Trustee shall, within 10 days after the expiration of such 90-day
          period, transmit to all Holders of Debt Securities of such series notice of such
          failure.

Notice
given pursuant to this Section 6.08(b) shall be transmitted by mail:

| | (1)       
               to all Registered Holders, as the names and addresses of the Registered Holders
               appear in the Security Register; and
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               to each Holder of a Debt Security of any series whose name and address appear in
               the information preserved at the time by the Trustee in accordance with Section
               7.02(a) of this Indenture.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c)       
               For the purposes of this Section, the Trustee shall be deemed to have a
               conflicting interest with respect to the Debt Securities of any series, if there
               shall exist an Event of Default (as such term is defined herein, but exclusive
               of any period of grace or requirement of notice) with respect to such Debt
               Securities and
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1)       
               the Trustee is trustee under this Indenture with respect to the Outstanding Debt
               Securities of any series other than that series or is trustee under another
               indenture under which any other securities, or certificates of interest or
               participation in any other securities, of the Company are outstanding, unless
               such other indenture is a collateral trust indenture under which the only
               collateral consists of Debt Securities issued under this Indenture, provided
               that there shall be excluded from the operation of this paragraph this Indenture
               with respect to the Debt Securities of any series other than that series and any
               other indenture or indentures under which other securities, or certificates of
               interest or participation in other securities, of the Company are outstanding,
               if
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i)       
               this Indenture and such other indenture or indentures (and all series of
               securities issuable thereunder) are wholly unsecured and rank equally and such
               other indenture or indentures are hereafter qualified under the Trust Indenture
               Act, unless the Commission shall have found and declared by order pursuant to
               Section 305(b) or Section 307(c) of the Trust Indenture Act that differences
               exist between the provisions of this Indenture with respect to the Debt
               Securities of such series and one or more other series or the provisions of such
               other indenture or indentures which are so likely to involve a material conflict
               of interest as to make it necessary, in the public interest or for the
               protection of investors to disqualify the Trustee from acting as such under this
               Indenture with respect to the Debt Securities of such series and such other
               series or under such other indenture or indentures, or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

42

| | (ii)       
               the Company shall have sustained the burden of proving, on application to the
               Commission and after opportunity for hearing thereon, that trusteeship under
               this Indenture with respect to the Debt Securities of such series and such other
               series or such other indenture or indentures is not so likely to involve a
               material conflict of interest as to make it necessary in the public interest or
               for the protection of investors to disqualify the Trustee from acting as such
               under this Indenture with respect to the Debt Securities of such series and such
               other series or under such other indenture or indentures;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(2)       
          the Trustee or any of its directors or executive officers is an underwriter for
          the Company;

| | (3)       
               the Trustee directly or indirectly controls or is directly or indirectly
               controlled by or is under direct or indirect common control with an underwriter
               for the Company;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               the Trustee or any of its directors or executive officers is a director,
               officer, partner, employee, appointee or representative of the Company, or of an
               underwriter (other than the Trustee itself) for the Company who is currently
               engaged in the business of underwriting, except that (i) one individual may be a
               director or an executive officer, or both, of the Trustee and a director or an
               executive officer, or both, of the Company but may not be at the same time an
               executive officer of both the Trustee and the Company; (ii) if and so long as
               the number of directors of the Trustee in office is more than nine, one
               additional individual may be a director or an executive officer, or both, of the
               Trustee and a director of the Company; and (iii) the Trustee may be designated
               by the Company or by any underwriter for the Company to act in the capacity of
               transfer agent, registrar, custodian, paying agent, fiscal agent, escrow agent,
               or depositary or in any other similar capacity, or, subject to the provisions of
               paragraph (l) of this subsection, to act as trustee, whether under an indenture
               or otherwise;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               10% or more of the voting securities of the Trustee is beneficially owned either
               by the Company or by any director, partner or executive officer thereof, or 20%
               or more of such voting securities is beneficially owned, collectively, by any
               two or more of such persons; or 10% or more of the voting securities of the
               Trustee is beneficially owned either by an underwriter for the Company or by any
               director, partner or executive officer thereof or is beneficially owned,
               collectively, by any two or more such persons;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               the Trustee is the beneficial owner of, or holds as collateral security for an
               obligation which is in default (as hereinafter in this subsection defined), (i)
               5% or more of the voting securities, or 10% or more of any other class of
               security, of the Company not including the Debt Securities issued under this
               Indenture and securities issued under any other indenture under which the
               Trustee is also trustee, or (ii) 10% or more of any class of security of an
               underwriter for the Company;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

43

| | (7)       
               the Trustee is the beneficial owner of or holds as collateral security for an
               obligation which is in default, 5% or more of the voting securities of any
               person who, to the knowledge of the Trustee, owns 10% or more of the voting
               securities of, or controls directly or indirectly or is under direct or indirect
               common control with, the Company;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (8)       
               the Trustee is the beneficial owner of or holds as collateral security for an
               obligation which is in default, 10% or more of any class of security of any
               person who, to the knowledge of the Trustee, owns 50% or more of the voting
               securities of the Company;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (9)       
               the Trustee owns, on the date of such Event of Default or any anniversary of
               such Event of Default while such Event of Default remains outstanding, in the
               capacity of executor, administrator, testamentary or inter vivos trustee,
               guardian, committee or conservator, or in any other similar capacity, an
               aggregate of 25% or more of the voting securities, or of any class of security,
               of any person, the beneficial ownership of a specified percentage of which would
               have constituted a conflicting interest under paragraph (6), (7) or (8) of this
               subsection. As to any such securities of which the Trustee acquired ownership
               through becoming executor, administrator or testamentary trustee of an estate
               which included them, the provisions of the preceding sentence shall not apply,
               for a period of not more than two years from the date of such acquisition, to
               the extent that such securities included in such estate do not exceed 25% of
               such voting securities or 25% of any such class of security. Promptly after the
               dates of any such Event of Default and annually in each succeeding year that
               such Event of Default continues, the Trustee shall make a check of its holdings
               of such securities in any of the above-mentioned capacities as of such dates. If
               the Company fails to make payment in full of the principal of (or premium, if
               any) or interest on any of the Debt Securities when and as the same becomes due
               and payable, and such failure continues for 30 days thereafter, the Trustee
               shall make a prompt check of its holdings of such securities in any of the
               above-mentioned capacities as of the date of the expiration of such 30-day
               period, and after such date, notwithstanding the foregoing provisions of this
               paragraph, all such securities so held by the Trustee, with sole or joint
               control over such securities vested in it, shall be considered as though
               beneficially owned by the Trustee for the purposes of paragraphs (6), (7) and
               (8) of this subsection; or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (10)       
               except under the circumstances described in paragraphs (1), (3), (4), (5) or (6)
               of Section 6.13(b) of this Indenture, the Trustee shall be or shall become
               a creditor of the Company.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

For
the purposes of paragraph (1) of this subsection, the term series of
securities or series means a series, class or group of securities
issuable under an indenture pursuant to whose terms holders of one such series may vote to
direct the Trustee, or otherwise take action pursuant to a vote of such holders,
separately from holders of another series; provided, that series of securities
or series shall not include any series of securities issuable under an
indenture if all such series rank equally and are wholly unsecured.

The
specification of percentages in paragraphs (5) to (9), inclusive, of this subsection shall
not be construed as indicating that the ownership of such percentages of the securities of
a person is or is not necessary or sufficient to constitute direct or indirect control for
the purposes of paragraph (3) or (7) of this subsection.

44

For
the purposes of paragraphs (6), (7), (8) and (9) of this subsection only, (i) the
terms security and securities shall include only such securities
as are generally known as corporate securities, but shall not include any note or other
evidence of indebtedness issued to evidence an obligation to repay moneys lent to a person
by one or more banks, trust companies or banking firms, or any certificate of interest or
participation in any such note or evidence of indebtedness; (ii) an obligation shall
be deemed to be in default when a default in payment of principal shall have
continued for 30 days or more and shall not have been cured; and (iii) the Trustee
shall not be deemed to be the owner or holder of (A) any security which it holds as
collateral security, as trustee or otherwise, for an obligation which is not in default as
defined in clause (ii) above, or (B) any security which it holds as collateral security
under this Indenture, irrespective of any default hereunder, or (C) any security which it
holds as agent for collection, or as custodian, escrow agent or depositary, or in any
similar representative capacity.

| | (d)       
               For the purposes of this Section:
| | -----------------------------------------------------------

| | (1)       
               The term underwriter when used with reference to the Company means
               every person who, within one year prior to the time as of which the
               determination is made, has purchased from the Company with a view to, or has
               offered or sold for the Company in connection with, the distribution of any
               security of the Company outstanding at such time, or has participated or has had
               a direct or indirect participation in any such undertaking, or has participated
               or has had a participation in the direct or indirect underwriting of any such
               undertaking, but such term shall not include a person whose interest was limited
               to a commission from an underwriter or dealer not in excess of the usual and
               customary distributors or sellers commission.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               The term director means any director of a corporation, or any
               individual performing similar functions with respect to any organization whether
               incorporated or unincorporated.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               The term person means an individual, a corporation, a partnership,
               an association, a joint stock company, a trust, an estate, an unincorporated
               organization, or a government or political subdivision thereof. As used in this
               paragraph, the term trust shall include only a trust where the
               interest or interests of the beneficiary or beneficiaries are evidenced by a
               security.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               The term voting security means any security presently entitling the
               owner or holder thereof to vote in the direction or management of the affairs of
               a person, or any security issued under or pursuant to any trust, agreement or
               arrangements whereby a trustee or trustees or agent or agents for the owner or
               holder of such security are presently entitled to vote in the direction or
               management of the affairs of a person.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               The term Company means any obligor upon the Debt Securities of any
               series.
| | ---------------------------------------------------------------------------------------------------------------------

| | (6)       
               The term executive officer means the president, every vice
               president, every trust officer, the cashier, the secretary, and the treasurer of
               a corporation, and any individual customarily performing similar functions with
               respect to any organization, whether incorporated or unincorporated, but shall
               not include the chairman of the board of directors.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

45

| | (e)       
               The percentages of voting securities and other securities specified in this
               Section shall be calculated in accordance with the following provisions:
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1)       
               A specified percentage of the voting securities of the Trustee, the Company or
               any other person referred to in this Section (each of whom is referred to as a
               person in this paragraph) means such amount of the outstanding
               voting securities of such person as entitles the holder or holders thereof to
               cast such specified percentage of the aggregate votes which the holders of all
               the outstanding voting securities of such person are entitled to cast in the
               direction or management of the affairs of such person.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               A specified percentage of a class of securities of a person means such
               percentage of the aggregate amount of securities of the class outstanding.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               The term amount, when used with regard to securities means the
               principal amount if relating to evidences of indebtedness, the number of shares
               if relating to capital shares, and the number of units if relating to any other
               kind of security.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               The term outstanding means issued and not held by or for the account
               of the issuer. The following securities shall not be deemed outstanding within
               the meaning of this definition:
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i)       
          securities of an issuer held in a sinking fund relating to securities of the
          issuer of the same class;
| | -------------------------------------------------------------------------------------------------------------------------------------

| | (ii)       
               securities of an issuer held in a sinking fund relating to another class of
               securities of the issuer, if the obligation evidenced by such other class of
               securities is not in default as to principal or interest or otherwise;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iii)       
               securities pledged by the issuer thereof as security for an obligation of the
               issuer not in default as to principal or interest or otherwise; and
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iv)       
               securities held in escrow if placed in escrow by the issuer thereof;
| | -----------------------------------------------------------------------------------------------

provided, however, that any voting
securities of an issuer shall be deemed outstanding if any person other than the issuer is
entitled to exercise the voting rights thereof.

| | (5)       
               A security shall be deemed to be of the same class as another security if both
               securities confer upon the holder or holders thereof substantially the same
               rights and privileges; provided, however, that, in the case of secured evidences
               of indebtedness, all of which are issued under a single indenture, differences
               in the interest rates or maturity dates of various series thereof shall not be
               deemed sufficient to constitute such series different classes; and provided,
               further, that, in the case of unsecured evidences of indebtedness, differences
               in the interest rates or maturity dates thereof shall not be deemed sufficient
               to constitute them securities of different classes, whether or not they are
               issued under a single indenture.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (f)       
               Except in the case of a default in the payment of the principal of or interest
               on any Debt Security of any series, or in the payment of any sinking or purchase
               fund installment, the Trustee shall not be required to resign as provided by
               this Section if the Trustee shall have sustained the burden of proving, on
               application to the Commission and after opportunity for hearing thereon, that:
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

46

(1)       
          the Event of Default may be cured or waived during a reasonable period and under
          the procedures described in such application; and

(2)       
          a stay of the Trustees duty to resign will not be inconsistent with the
          interests of Holders of the Debt Securities.

The filing of such an application
shall automatically stay the performance of the duty to resign until the Commission orders
otherwise.

Section 6.09.     Corporate Trustee Required; Eligibility.

There
shall at all times be a Trustee hereunder which shall be a corporation organized and doing
business under the laws of the United States of America, any State thereof or the District
of Columbia, authorized under such laws to exercise corporate trust powers, having a
combined capital and surplus of at least $100,000,000, subject to supervision or
examination by Federal, State or District of Columbia authority. If such corporation
publishes reports of condition at least annually, pursuant to law or to the requirements
of the aforesaid supervising or examining authority, then for the purposes of this
Section, the combined capital and surplus of such corporation shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition so
published. Neither the Company nor any person directly or indirectly controlling,
controlled by, or under common control with the Company shall serve as Trustee upon any
Debt Securities.

Section 6.10.     Resignation and Removal; Appointment of Successor.

| | (a)       
               No resignation or removal of the Trustee and no appointment of a successor
               Trustee pursuant to this Article shall become effective until the acceptance of
               appointment by the successor Trustee under Section 6.11.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b)       
               The Trustee may resign at any time with respect to the Debt Securities of one or
               more series by giving written notice thereof to the Company. If an instrument of
               acceptance by a successor Trustee shall not have been delivered to the Trustee
               within 30 days after the giving of such notice of resignation, the resigning
               Trustee may petition any court of competent jurisdiction for the appointment of
               a successor Trustee with respect to the Debt Securities of such series.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c)       
               The Trustee may be removed at any time with respect to the Debt Securities of
               any series and a successor Trustee appointed by Act of the Holders of a majority
               in principal amount of the Outstanding Debt Securities of such series, delivered
               to the Trustee and to the Company.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d)       
               If at any time:
| | -----------------------------------------

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

47

| | (2)       
               the Trustee shall cease to be eligible under Section 6.09 with respect to the
               Debt Securities of any series and shall fail to resign after written request
               therefor by the Company or by any such Holder, or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               the Trustee shall become incapable of acting or shall be adjudged a bankrupt or
               insolvent or a receiver of the Trustee or of its property shall be appointed or
               any public officer shall take charge or control of the Trustee or of its
               property or affairs for the purpose of rehabilitation, conservation or
               liquidation,
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

then, in any such case, (i) the
Company by a Board Resolution may remove the Trustee with respect to all Debt Securities,
or (ii) subject to Section 5.14, any Holder who has been a bona fide Holder of a Debt
Security of any series for at least six months may, on behalf of himself and all others
similarly situated, petition any court of competent jurisdiction for the removal of the
Trustee and the appointment of a successor Trustee for the Debt Securities of such series.

(e)       
          If the Trustee shall resign, be removed or become incapable of acting, or if a
          vacancy shall occur in the office of Trustee for any cause, with respect to the
          Debt Securities of one or more series, the Company, by a Board Resolution, shall
          promptly appoint a successor Trustee or Trustees with respect to the Debt
          Securities of that or those series (it being understood that any such successor
          Trustee may be appointed with respect to the Debt Securities of one or more or
          all of such series and that at any time there shall be only one Trustee with
          respect to the Debt Securities of any particular series) and shall comply with
          the applicable requirements of Section 6.11. If, within one year after such
          resignation, removal or incapability, or the occurrence of such vacancy, a
          successor Trustee with respect to the Debt Securities of any series shall be
          appointed by Act of the Holders of a majority in principal amount of the
          Outstanding Debt Securities of such series delivered to the Company and the
          retiring Trustee, the successor Trustee so appointed shall, forthwith upon its
          acceptance of such appointment, become the successor Trustee with respect to the
          Debt Securities of such series and to that extent supersede the successor
          Trustee appointed by the Company. If no successor Trustee with respect to the
          Debt Securities of any series shall have been so appointed by the Company or the
          Holders of such series and accepted appointment in the manner hereinafter
          provided, any Holder who has been a bona fide Holder of a Debt Security of such
          series for at least six months may, subject to Section 5.14, on behalf of
          himself and all others similarly situated, petition any court of competent
          jurisdiction for the appointment of a successor Trustee with respect to the Debt
          Securities of such series.

(f)       
          The Company shall give notice of each resignation and each removal of the
          Trustee with respect to the Debt Securities of any series and each appointment
          of a successor Trustee with respect to the Debt Securities of any series in the
          manner and to the extent provided in Section 1.05 to the Holders of Debt
          Securities of such series. Each notice shall include the name of the successor
          Trustee with respect to the Debt Securities of such series and the address of
          its Corporate Trust Office.

Section 6.11.     Acceptance of Appointment by Successor.

(a)       
          In the case of an appointment hereunder of a successor Trustee with respect to
          all Debt Securities, each such successor Trustee so appointed shall execute,
          acknowledge and deliver to the Company and to the retiring Trustee an instrument
          accepting such appointment, and thereupon the resignation or removal of the
          retiring Trustee shall become effective and such successor Trustee, without any
          further act, deed or conveyance, shall become vested with all the rights,
          powers, trusts and duties of the retiring Trustee, but, on request of the
          Company or the successor Trustee, such retiring Trustee shall, upon payment of
          its charges, execute and deliver an instrument transferring to such successor
          Trustee all the rights, powers and trusts of the retiring Trustee, and shall
          duly assign, transfer and deliver to such successor Trustee all property and
          money held by such retiring Trustee hereunder, subject nevertheless to its
          claim, if any, provided for in Section 6.07.

48

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

(c)       
          Upon request of any such successor Trustee, the Company shall execute any and
          all instruments for more fully and certainly vesting in and confirming to such
          successor Trustee all such rights, powers and trusts referred to in paragraph
          (a) or (b) of this Section, as the case may be.

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

Section 6.12.     Merger, Conversion, Consolidation or Succession to Business.

Any
corporation into which the Trustee may be merged or converted or with which it may be
consolidated, or any corporation resulting from any merger, conversion or consolidation to
which the Trustee shall be a party, or any corporation succeeding to all or substantially
all of the corporate trust business of the Trustee, shall be the successor of the Trustee
hereunder, provided that such corporation shall be otherwise qualified and eligible under
this Article, without the execution or filing of any paper or any further act on the part
of any of the parties hereto. In case any Debt Securities shall have been authenticated,
but not delivered, by the Trustee then in office, any successor by merger, conversion or
consolidation to such authenticating Trustee may adopt such authentication and deliver the
Debt Securities so authenticated with the same effect as if such successor Trustee had
itself authenticated such Debt Securities. In case any Debt Securities shall not have been
authenticated by such predecessor Trustee, any such successor Trustee may authenticate and
deliver such Debt Securities, in either its own name or that of its predecessor Trustee,
with the full force and effect which this Indenture provides for the certificate of
authentication of the Trustee.

49

Section 6.13.     Preferential Collection of Claims Against Company.

| | (a)       
               Subject to subsection (b) of this Section, if the Trustee shall be or shall
               become a creditor, directly or indirectly, secured or unsecured, of the Company
               within three months prior to a default, as defined in subsection (c) of this
               Section, or subsequent to such default, then, unless and until such default
               shall be cured, the Trustee shall set apart and hold in a special account for
               the benefit of the Trustee individually, the Holders of the Debt Securities and
               the holders of other indenture securities (as defined in subsection (c) of this
               Section):
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1)       
               an amount equal to any and all reductions in the amount due and owing upon any
               claim as such creditor in respect of principal or interest, effected after the
               beginning of such three-month period and valid as against the Company and its
               other creditors, except any such reduction resulting from the receipt or
               disposition of any property described in paragraph (2) of this subsection, or
               from the exercise of any right of set-off which the Trustee could have exercised
               if a voluntary or involuntary case had been commenced in respect of the Company
               under the Federal bankruptcy laws, as now or hereafter constituted, or any other
               applicable Federal or State bankruptcy, insolvency or other similar law upon the
               date of such default; and
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               all property received by the Trustee in respect of any claim as such creditor,
               either as security therefor, or in satisfaction or composition thereof, or
               otherwise, after the beginning of such three-month period, or an amount equal to
               the proceeds of any such property, if disposed of, subject, however, to the
               rights, if any, of the Company and its other creditors in such property or such
               proceeds.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Nothing herein contained, however,
shall affect the right of the Trustee:

| | (A)       
               to retain for its own account (i) payments made on account of any such
               claim by any Person (other than the Company) who is liable thereon, and
               (ii) the proceeds of the bona fide sale of any such claim by the Trustee to
               a third Person, and (iii) distributions made in cash, securities or other
               property in respect of claims filed against the Company in bankruptcy or
               receivership or in proceedings or reorganization pursuant to the Federal
               bankruptcy laws, as now or hereafter constituted, or any other applicable
               Federal or State bankruptcy, insolvency or other similar law;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (B)       
               to realize, for its own account, upon any property held by it as security for
               any such claim, if such property was so held prior to the beginning of such
               three-month period;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (C)       
               to realize, for its own account, but only to the extent of the claim hereinafter
               mentioned, upon any property held by it as security for any such claim, if such
               claim was created after the beginning of such three-month period and such
               property was received as security therefor simultaneously with the creation
               thereof, and if the Trustee shall sustain the burden of proving that at the time
               such property was so received the Trustee had no reasonable cause to believe
               that a default, as defined in subsection (c) of this Section, would occur within
               three months, or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

50

| | (D)       
               to receive payment on any claim referred to in paragraph (B) or (C) against the
               release of any property held as security for such claim as provided in paragraph
               (B) or (C), as the case may be, to the extent of the fair value of such
               property.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

For
the purposes of paragraphs (B), (C) and (D), property substituted after the beginning of
such three-month period for property held as security at the time of such substitution
shall, to the extent of the fair value of the property released, have the same status as
the property released, and, to the extent that any claim referred to in any of such
paragraphs is created in renewal of or in substitution for or for the purpose of repaying
or refunding any pre-existing claim of the Trustee as such creditor, such claim shall have
the same status as such pre-existing claim.

If
the Trustee shall be required to account, the funds and property held in such special
account and the proceeds thereof shall be apportioned among the Trustee, the Holders and
the holders of other indenture securities in such manner that the Trustee, the Holders and
the holders of other indenture securities realize, as a result of payments from such
special account and payments of dividends on claims filed against the Company in
bankruptcy or receivership or in proceedings for reorganization pursuant to the Federal
bankruptcy laws, as now or hereafter constituted or any other applicable Federal or State
bankruptcy, insolvency or other similar law, the same percentage of their respective
claims, figured before crediting to the claim of the Trustee anything on account of the
receipt by it from the Company of the funds and property in such special account and
before crediting to the respective claims of the Trustee and the Holders and the holders
of other indenture securities dividends on claims filed against the Company in bankruptcy
or receivership or in proceedings for reorganization pursuant to the Federal bankruptcy
laws, as now or hereafter constituted, or any other applicable Federal or State
bankruptcy, insolvency or other similar law, but after crediting thereon receipts on
account of the indebtedness represented by their respective claims from all sources other
than from such dividends and from the funds and property so held in such special account.
As used in this paragraph, with respect to any claim, the term dividends shall
include any distribution with respect to such claim, in bankruptcy or receivership or
proceedings for reorganization pursuant to the Federal bankruptcy laws, as now or
hereafter constituted, or any other applicable Federal or State bankruptcy, insolvency or
other similar law, whether such distribution is made in cash, securities, or other
property, but shall not include any such distribution with respect to the secured portion,
if any, of such claim. The court in which such bankruptcy, receivership or proceedings for
reorganization is pending shall have jurisdiction (i) to apportion among the Trustee and
the Holders and the holders of other indenture securities, in accordance with the
provisions of this paragraph, the funds and property held in such special account and
proceeds thereof, or (ii) in lieu of such apportionment, in whole or in part, to give to
the provisions of this paragraph due consideration in determining the fairness of the
distributions to be made to the Trustee and the Holders and the holders of other indenture
securities with respect to their respective claims, in which event it shall not be
necessary to liquidate or to appraise the value of any securities or other property held
in such special account or as security for any such claim, or to make a specific
allocation of such distributions as between the secured and unsecured portions of such
claim, or otherwise to apply the provisions of this paragraph as a mathematical formula.

Any
Trustee which has resigned or been removed after the beginning of such three-month period
shall be subject to the provisions of this subsection as though such resignation or
removal had not occurred. If any Trustee has resigned or been removed prior to the
beginning of such three-month period, it shall be subject to the provisions of this
subsection if and only if the following conditions exist:

51

| | (i)       
               the receipt of property or reduction of claim, which would have given rise to
               the obligation to account, if such Trustee had continued as Trustee, occurred
               after the beginning of such three-month period; and
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii)       
               such receipt of property or reduction of claim occurred within three months
               after such resignation or removal.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------

(b)       
          There shall be excluded from the operation of subsection (a) of this Section a
          creditor relationship arising from:

| | (1)       
               the ownership or acquisition of securities issued under any indenture, or any
               security or securities having a maturity of one year or more at the time of
               acquisition by the Trustee;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               advances authorized by a receivership or bankruptcy court of competent
               jurisdiction or by this Indenture, for the purpose of preserving any property
               which shall at any time be subject to the Lien of this Indenture or of
               discharging tax liens or other prior liens or encumbrances thereon, if notice of
               such advances and of the circumstances surrounding the making thereof is given
               to the Holders at the time and in the manner provided in this Indenture;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               disbursements made in the ordinary course of business in the capacity of trustee
               under an indenture, transfer agent, registrar, custodian, paying agent, fiscal
               agent or depositary, or other similar capacity;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               an indebtedness created as a result of services rendered or premises rented, or
               an indebtedness created as a result of goods or securities sold in a cash
               transaction as defined in subsection (c) of this Section;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               the ownership of stock or of other securities of a corporation organized under
               the provisions of Section 25(a) of the Federal Reserve Act, as amended, which is
               directly or indirectly a creditor of the Company; and
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               The acquisition, ownership, acceptance or negotiation of any drafts, bills of
               exchange, acceptances or obligations which fall within the classification of
               self-liquidating paper as defined in subsection (c) of this Section.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c)       
               for the purposes of this Section only:
| | ----------------------------------------------------------------

| | (1)       
               The term default means any failure to make payment in full of the
               principal of or interest on any of the Debt Securities or upon the other
               indenture securities when and as such principal or interest becomes due and
               payable.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               The term other indenture securities means securities upon which the
               Company is an obligor outstanding under any other indenture (i) under which the
               Trustee is also trustee, (ii) which contains provisions substantially similar to
               the provisions of this Section, and (iii) under which a default exists at the
               time of the apportionment of the funds and property held in such special
               account.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

52

| | (3)       
               The term cash transaction means any transaction in which full
               payment for goods or securities sold is made within seven days after delivery of
               the goods or securities in currency or in checks or other orders drawn upon
               banks and payable upon demand.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               The term self-liquidating paper means any draft, bill of exchange,
               acceptance or obligation which is made, drawn, negotiated or incurred by the
               Company for the purpose of financing the purchase, processing, manufacturing,
               shipment, storage or sale of goods, wares or merchandise and which is secured by
               documents evidencing title to, possession of, or a lien upon, the goods, wares
               or merchandise or the receivables or proceeds arising from the sale of the
               goods, wares or merchandise previously constituting the security, provided the
               security is received by the Trustee simultaneously with the creation of the
               creditor relationship with the Company arising from the making, drawing,
               negotiating or incurring of the draft, bill of exchange, acceptance or
               obligation.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               The term Company means any obligor upon the Debt Securities.
| | ----------------------------------------------------------------------------------------

Section 6.14.     Appointment of Authenticating Agent.

As
long as any Debt Securities of a series remain Outstanding, upon a Company Request, there
shall be an authenticating agent (the Authenticating Agent) appointed, for
such period as the Company shall elect, by the Trustee for such series of Debt Securities
to act as its agent on its behalf and subject to its direction in connection with the
authentication and delivery of each series of Debt Securities for which it is serving as
Trustee. Debt Securities of each such series authenticated by such Authenticating Agent
shall be entitled to the benefits of this Indenture and shall be valid and obligatory for
all purposes as if authenticated by such Trustee. Wherever reference is made in this
Indenture to the authentication and delivery of Debt Securities of any series by the
Trustee for such series or to the Trustees Certificate of Authentication, such
reference shall be deemed to include authentication and delivery on behalf of the Trustee
for such series by an Authenticating Agent for such series and a Certificate of
Authentication executed on behalf of such Trustee by such Authenticating Agent. Such
Authenticating Agent shall at all times be a corporation organized and doing business
under the laws of the United States of America or of any State, authorized under such laws
to exercise corporate trust powers, having a combined capital and surplus of at least
$10,000,000 and subject to supervision or examination by Federal or State authority. If
such Authenticating Agent publishes reports of condition at least annually, pursuant to
law or to the requirements of said supervising or examining authority, then for purposes
of this Section, the combined capital and surplus of such Authenticating Agent shall be
deemed to be its combined capital and surplus as set forth in its most recent report of
condition so published. If at any time an Authenticating Agent shall cease to be eligible
in accordance with the provisions of this Section, such Authenticating Agent shall resign
immediately in the manner and with the effect specified in this Section.

Any
corporation into which any Authenticating Agent may be merged or converted, or with which
it may be consolidated, or any corporation resulting from any merger, conversion or
consolidation to which any Authenticating Agent shall be a party, or any corporation
succeeding to the corporate agency business of any Authenticating Agent, shall continue to
be the Authenticating Agent with respect to all series of Debt Securities for which it
served as Authenticating Agent without the execution or filing of any paper or any further
act on the part of the Trustee for such series or such Authenticating Agent. Any
Authenticating Agent may at any time, and if it shall cease to be eligible shall, resign
by giving written notice of resignation to the applicable Trustee and to the Company.

53

Upon
receiving such a notice of resignation or upon such a termination, or in case at any time
any Authenticating Agent shall cease to be eligible in accordance with the provisions of
this Section 6.14 with respect to one or more or all series of Debt Securities, the
Trustee for such series shall upon a Company Request appoint a successor Authenticating
Agent, and the Company shall provide notice of such appointment to all Holders of Debt
Securities of such series in the manner and to the extent provided in Section 1.05.
Any successor Authenticating Agent upon acceptance of its appointment hereunder shall
become vested with all rights, powers, duties and responsibilities of its predecessor
hereunder, with like effect as if originally named as Authenticating Agent herein. The
Trustee for the Debt Securities of such series agrees to pay to the Authenticating Agent
for such series from time to time reasonable compensation for its services, and the
Trustee shall be entitled to be reimbursed for such payment, subject to the provisions of
Section 6.07. The Authenticating Agent for the Debt Securities of any series shall have no
responsibility or liability for any action taken by it as such at the direction of the
Trustee for such series.

If
an appointment with respect to one or more series is made pursuant to this Section, the
Debt Securities of such series may have endorsed thereon, in addition to the
Trustees certificate of authentication, an alternative certificate of authentication
in the following form:

This
is one of the series of Debt Securities issued under the within mentioned Indenture.

| |                           
| | --------------------------
| | As Trustee                
| | By:As Authenticating Agent
| | By:Authorized Signatory   

ARTICLE SEVEN

Holders Lists and
Reports by Trustee and Company

Section 7.01.     Company to Furnish Trustee Names and Addresses of Holders.

The
Company will furnish or cause to be furnished to the Trustee with respect to Registered
Securities of each series for which it acts as Trustee:

(a)       
          semi-annually on a date not more than 15 days after each Regular Record Date
          with respect to an Interest Payment Date, if any, for the Registered Securities
          of such series (or on semi-annual dates in each year to be determined pursuant
          to Section 3.01 if the Registered Securities of such series do not bear
          interest), a list, in such form as the Trustee may reasonably require, of the
          names and addresses of the Registered Holders as of the date 15 days next
          preceding each such Regular Record Date (or such semi-annual dates, as the case
          may be); and

54

(b)       
          at such other times as the Trustee may request in writing, within 30 days after
          the receipt by the Company of any such request, a list of similar form and
          content as of a date not more than 15 days prior to the time such list is
          furnished;

provided, however, that if and so
long as the Trustee shall be the Security Registrar for such series, no such lists need be
furnished.

Section 7.02.     Preservation of Information; Communication to Holders.

(a)       
          The Trustee shall preserve, in as current a form as is reasonably practicable,
          all information as to the names and addresses of Holders contained in the most
          recent list furnished to the Trustee as provided in Section 7.01 received by it
          in the capacity of Paying Agent (if so acting) hereunder.

The
Trustee may destroy any list furnished to it as provided in Section 7.01 upon receipt of a
new list so furnished, destroy any information received by it as Paying Agent (if so
acting) hereunder upon delivering to itself as Trustee, not earlier than 45 days after an
Interest Payment Date, a list containing the names and addresses of the Holders obtained
from such information since the delivery of the next previous list, if any, and destroy
any list delivered to itself as Trustee which was compiled from information received by it
as Paying Agent (if so acting) hereunder upon the receipt of a new list so delivered.

(b)       
          If three or more Holders (hereinafter referred to as applicants)
          apply in writing to the Trustee, and furnish to the Trustee reasonable proof
          that each such applicant has owned a Debt Security for a period of at least six
          months preceding the date of such application, and such application states that
          the applicants desire to communicate with other Holders of Debt Securities of a
          particular series (in which case the applicants must hold Debt Securities of
          such series) or with all Holders of Debt Securities with respect to their rights
          under this Indenture or under the Debt Securities and is accompanied by a copy
          of the form of proxy or other communication which such applicants propose to
          transmit, then the Trustee shall, within five Business Days after the receipt of
          such application, at its election, either

(i)       
          afford such applicants access to the information preserved at the time by the
          Trustee in accordance with Section 7.02(a), or

| | (ii)       
               inform such applicants as to the approximate number of Holders of Debt
               Securities of such series or of all Debt Securities, as the case may be, whose
               names and addresses appear in the information preserved at the time by the
               Trustee in accordance with Section 7.02(a), and as to the approximate cost
               of mailing to such Holders the form of proxy or other communication, specified
               in such application.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

If
the Trustee shall elect not to afford such applicants access to such information, the
Trustee shall, upon written request of such applicants, mail to the Holders of Debt
Securities of such series or all Holders, as the case may be, whose names and addresses
appear in the information preserved at the time by the Trustee in accordance with Section
7.02(a), a copy of the form of proxy or other communication which is specified in such
request, with reasonable promptness after a tender to the Trustee of the material to be
mailed and of payment, or provision for the payment, of the reasonable expenses of
mailing, unless within five days after such tender, the Trustee shall mail to such
applicants and file with the Commission, together with a copy of the material to be
mailed, a written statement to the effect that, in the opinion of the Trustee, such
mailing would be contrary to the best interests of the Holders of Debt Securities of such
series or all Holders, as the case may be, or would be in violation of applicable law.
Such written statement shall specify the basis of such opinion. If the Commission, after
opportunity for a hearing upon the objections specified in the written statement so filed,
shall enter an order refusing to sustain any of such objections or if after the entry of
an order sustaining one or more of such objections, the Commission shall find, after
notice and opportunity for hearing, that all the objections so sustained have been met and
shall enter an order so declaring, the Trustee shall mail copies of such material to all
such Holders with reasonable promptness after the entry of such order and the renewal of
such tender; otherwise the Trustee shall be relieved of any obligation or duty to such
applicants respecting their application.

55

(c)       
          Every Holder of Debt Securities, by receiving and holding the same, agrees with
          the Company and the Trustee that neither the Company nor the Trustee shall be
          held accountable by reason of the disclosure of any such information as to the
          names and addresses of the Holders in accordance with Section 7.02(b),
          regardless of the source from which such information was derived, and that the
          Trustee shall not be held accountable by reason of mailing of any material
          pursuant to a request made under Section 7.02(b).

Section 7.03.     Reports by Trustee.

| | (a)       
               Within 60 days after ____________ of each year, commencing
               ______________, 200___, the Trustee shall, to the extent required by the
               Trust Indenture Act, transmit to all Holders of Debt Securities of any series
               with respect to which it acts as Trustee, in the manner hereinafter provided in
               this Section 7.03, a brief report dated such date with respect to any of the
               following events which may have occurred within the previous 12 months (but if
               no such event has occurred within such period no report need be transmitted):
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1)       
               any change to its eligibility under Section 6.09 and its qualifications
               under Section 6.08;
| | ------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               the creation of or any material change to a relationship specified in paragraph
               (1) through (10) of Section 6.08(c) of this Indenture;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               the character and amount of any advances (and if the Trustee elects so to state,
               the circumstances surrounding the making thereof) made by the Trustee (as such)
               which remain unpaid on the date of such report, and for the reimbursement of
               which it claims or may claim a lien or charge, prior to that of the Debt
               Securities of such series, on any property or funds held or collected by it as
               Trustee, except that the Trustee shall not be required (but may elect) to report
               such advances if such advances so remaining unpaid aggregate not more than
               1⁄2 of 1% of the principal amount of the Outstanding Debt Securities of
               such series on the date of such report;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               any change to the amount, interest rate and maturity date of all other
               indebtedness owing by the Company (or any other obligor on the Debt Securities
               of such series) to the Trustee in its individual capacity, on the date of such
               report, with a brief description of any property held as collateral security
               therefor, except an indebtedness based upon a creditor relationship arising in
               any manner described in Section 6.13(b)(2), (3), (4) or (6);
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               any change to the property and funds, if any, physically in the possession of
               the Trustee as such on the date of such report;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------

56

| | (6)       
               any additional issue of Debt Securities which the Trustee has not previously
               reported; and
| | -----------------------------------------------------------------------------------------------------------------------------------

| | (7)       
               any action taken by the Trustee in the performance of its duties hereunder which
               it has not previously reported and which in its opinion materially affects the
               Debt Securities of such series, except action in respect of a default, notice of
               which has been or is to be withheld by the Trustee in accordance with
               Section 6.02.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b)       
               The Trustee shall transmit by mail to all Holders of Debt Securities of any
               series (whose names and addresses appear in the information preserved at the
               time by the Trustee in accordance with Section 7.02 (a)) for which it acts as
               the Trustee, as hereinafter provided, a brief report with respect to the
               character and amount of any advances (and if the Trustee elects so to state, the
               circumstances surrounding the making thereof) made by the Trustee (as such)
               since the date of the last report transmitted pursuant to subsection (a) of this
               Section (or if no such report has yet been so transmitted, since the date of
               execution of this instrument) for the reimbursement of which it claims or may
               claim a lien or charge, prior to that of the Debt Securities of such series, on
               property or funds held or collected by it as Trustee, and which it has not
               previously reported pursuant to this subsection, except that the Trustee for
               each series shall not be required (but may elect) to report such advances if
               such advances remaining unpaid at any time aggregate 10% or less of the
               principal amount of the Debt Securities of such series Outstanding at such time,
               such report to be transmitted within 90 days after such time.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c)       
               Reports pursuant to this Section 7.03 shall be transmitted by mail:
| | ---------------------------------------------------------------------------------------------

| | (1)       
               to all Holders of Registered Securities, as the names and addresses of such
               Holders of Registered Securities appear in the Security Register; and
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               except in the cases of reports pursuant to subsection (b) of this Section 7.03,
               to each Holder of a Debt Security of any series whose name and address appear in
               the information preserved at the time by the Trustee in accordance with Section
               7.02(a).
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d)       
               A copy of each such report shall, at the time of such transmission to Holders,
               be filed by the Trustee with each stock exchange upon which any Debt Securities
               of such series are listed, with the Commission and also with the Company. The
               Company will notify the Trustee when any series of Debt Securities are listed on
               any stock exchange.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 7.04.     Reports by Company.

Unless
otherwise specified with respect to a particular series of Debt Securities pursuant to
Section 3.01, the Company will:

| | (1)       
               file with the Trustee, within 15 days after the Company is required to file the
               same with the Commission, 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 Commission may from time to time by rules and regulations prescribe)
               which the Company may be required to file with the Commission pursuant to
               Section 13 or Section 15(d) of the Exchange Act. Notwithstanding that the
               Company may not be required to remain subject to the reporting requirements of
               Section 13 or 15(d) of the Exchange Act or otherwise report on an annual and
               quarterly basis on forms provided for such annual and quarterly reporting
               pursuant to rules and regulations promulgated by the Commission, the Company
               shall continue to file with the Commission and provide the Trustee and the
               Holders of each series of Debt Securities with, without cost to each Holder, (a)
               within 90 days after the end of each fiscal year, annual reports on Form 10-K
               (or any successor or comparable form) containing the information required to be
               contained therein (or required in such successor or comparable form); (b) within
               45 days after the end of each of the first three fiscal quarters of each fiscal
               year, reports on Form 10-Q (or any successor or comparable form); and (c)
               promptly from time to time after the occurrence of an event required to be
               therein reported, such other reports on Form 8-K (or any successor or comparable
               form) containing the information required (other than pursuant to Item 9 of such
               report) to be contained therein (or required in any successor or comparable
               form); provided, however, that the Company shall not be obligated to file such
               reports with the Commission if the Commission does not permit such filings. The
               Company will in all cases, without cost to each recipient, provide copies of
               such information to the Holders of the Debt Securities of each series and, if
               they are not permitted to file such reports with the Commission, shall make
               available information to prospective purchasers and to securities analysts and
               broker-dealers upon their request;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

57

| | (2)       
               file with the Trustee and the Commission, in accordance with rules and
               regulations prescribed from time to time by the Commission, such additional
               information, documents and reports with respect to compliance by the Company
               with the conditions and covenants of this Indenture as may be required from time
               to time by such rules and regulations; and
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               transmit to all Holders of Debt Securities, in the manner and to the extent
               provided in Section 7.03, within 30 days after the filing thereof with the
               Trustee, such summaries of any information, documents and reports required to be
               filed by the Company pursuant to paragraphs (1) and (2) of this Section as may
               be required by rules and regulations prescribed from time to time by the
               Commission.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ARTICLE EIGHT

Concerning the Holders

Section 8.01.     Acts of Holders.

Any
request, demand, authorization, direction, notice, consent, waiver or other action
provided by this Indenture to be given or taken by Holders may be embodied in and
evidenced by one or more instruments of substantially similar tenor signed by such Holders
in person or by an agent or proxy duly appointed in writing; and, except as herein
otherwise expressly provided, such action shall become effective when such instrument or
instruments are delivered to the Trustee, and, where it is hereby expressly required, to
the Company. Such instrument or instruments (and the action embodied therein and evidenced
thereby) are herein sometimes referred to as the Act of the Holders signing
such instrument or instruments. Whenever in this Indenture it is provided that the Holders
of a specified percentage in aggregate principal amount of the Outstanding Debt Securities
of any series may take any Act, the fact that the Holders of such specified percentage
have joined therein may be evidenced (a) by the instrument or instruments executed by
Holders in person or by agent or proxy appointed in writing, or (b) by the record of
Holders voting in favor thereof at any meeting of such Holders duly called and held in
accordance with the provisions of Article Nine, or (c) by a combination of such instrument
or instruments and any such record of such a meeting of Holders.

58

Section 8.02.     Proof of Ownership; Proof of Execution of Instruments by Holder.

The
ownership of Registered Securities of any series shall be proved by the Security Register
for such series or by a certificate of the Security Registrar for such series.

Subject
to the provisions of Sections 6.01, 6.03 and 9.05, proof of the execution of any
instrument by a Holder or such Holders agent shall be sufficient if made in
accordance with such reasonable rules and regulations as may be prescribed by the Trustee
or in such manner as shall be satisfactory to the Trustee.

The
record of any Holders meeting shall be proved in the manner provided in
Section 9.06.

The
Trustee may in any instance require further proof with respect to any of the matters
referred to in this Section so long as the request is a reasonable one.

Section 8.03.     Persons Deemed Owners.

The
Company, the Trustee and any agent of the Company or the Trustee may treat the Person in
whose name any Registered Security is registered as the owner of such Registered Security
for the purpose of receiving payment of the principal of (and premium, if any) and
(subject to Section 3.07) interest, if any, on such Registered Security and for all other
purposes whatsoever, whether or not such Registered Security be overdue, and neither the
Company, the Trustee nor any agent of the Company or the Trustee shall be affected by
notice to the contrary. All payments made to any Holder, or upon his order, shall be
valid, and, to the extent of the sum or sums paid, effectual to satisfy and discharge the
liability for moneys payable upon such Debt Security.

Section 8.04.     Revocation of Consents; Future Holders Bound.

At
any time prior to (but not after) the evidencing to the Trustee, as provided in
Section 8.01, of the taking of any Act by the Holders of the percentage in aggregate
principal amount of the Outstanding Debt Securities specified in this Indenture in
connection with such Act, any Holder of a Debt Security the number, letter or other
distinguishing symbol of which is shown by the evidence to be included in the Debt
Securities the Holders of which have consented to such Act may, by filing written notice
with the Trustee at the Corporate Trust Office and upon proof of ownership as provided in
Section 8.02, revoke such Act so far as it concerns such Debt Security. Except as
aforesaid, any such Act taken by the Holder of any Debt Security shall be conclusive and
binding upon such Holder and, subject to the provisions of Section 5.08, upon all
future Holders of such Debt Security and of any Debt Securities issued on transfer or in
lieu thereof or in exchange or substitution therefor, irrespective of whether or not any
notation in regard thereto is made upon such Debt Security or such other Debt Securities.

ARTICLE NINE

Holders Meetings

Section 9.01.     Purposes of Meetings.

A
meeting of Holders of any or all series may be called at any time and from time to time
pursuant to the provisions of this Article Nine for any of the following purposes:

59

| | (1)       
               to give any notice to the Company or to the Trustee for such series, or to give
               any directions to the Trustee for such series, or to consent to the waiving of
               any default hereunder and its consequences, or to take any other action
               authorized to be taken by Holders pursuant to any of the provisions of Article
               Five;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               to remove the Trustee for such series and appoint a successor Trustee pursuant
               to the provisions of Article Six;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               to consent to the execution of an indenture or indentures supplemental hereto
               pursuant to the provisions of Section 11.02; or
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               to take any other action authorized to be taken by or on behalf of the Holders
               of any specified aggregate principal amount of the Outstanding Debt Securities
               of any one or more or all series, as the case may be, under any other provision
               of this Indenture or under applicable law.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 9.02.     Call of Meetings by Trustee.

The
Trustee for any series may at any time call a meeting of Holders of such series to take
any action specified in Section 9.01, to be held at such time or times and at such place
or places as the Trustee for such series shall determine. Notice of every meeting of the
Holders of any series, setting forth the time and the place of such meeting and in general
terms the action proposed to be taken at such meeting, shall be given to Holders of such
series in the manner and to the extent provided in Section 1.05. Such notice shall be
given not less than 10 days nor more than 90 days prior to the date fixed for the meeting.

Section
9.03. Call of Meetings by Company or Holders

In
case at any time the Company, pursuant to a Board Resolution, or the Holders of at least
10% in aggregate principal amount of the Outstanding Debt Securities of a series or of all
series, as the case may be, shall have requested the Trustee for such series to call a
meeting of Holders of any or all such series by written request setting forth in
reasonable detail the action proposed to be taken at the meeting, and the Trustee shall
not have given the notice of such meeting within 10 days after the receipt of such
request, then the Company or such Holders may determine the time or times and the place or
places for such meetings and may call such meetings to take any action authorized in
Section 9.01, by giving notice thereof as provided in Section 9.02.

Section 9.04.     Qualifications for Voting.

To
be entitled to vote at any meeting of Holders a Person shall be (a) a Holder of a Debt
Security of the series with respect to which such meeting is being held or (b) a Person
appointed by an instrument in writing as agent or proxy by such Holder. The only Persons
who shall be entitled to be present or to speak at any meeting of Holders shall be the
Persons entitled to vote at such meeting and their counsel and any representatives of the
Trustee for the series with respect to which such meeting is being held and its counsel
and any representatives of the Company and its counsel.

60

Section 9.05.     Regulations.

Notwithstanding
any other provisions of this Indenture, the Trustee for any series may make such
reasonable regulations as it may deem advisable for any meeting of Holders of such series,
in regard to proof of the holding of Debt Securities of such series and of the appointment
of proxies, and in regard to the appointment and duties of inspectors of votes, the
submission and examination of proxies, certificates and other evidence of the right to
vote, and such other matters concerning the conduct of the meeting as it shall deem
appropriate.

The
Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting,
unless the meeting shall have been called by the Company or by Holders of such series as
provided in Section 9.03, in which case the Company or the Holders calling the
meeting, as the case may be, shall in like manner appoint a temporary chairman. A
permanent chairman and a permanent secretary of the meeting shall be elected by a majority
vote of the meeting.

Subject
to the provisos in the definition of Outstanding, at any meeting each Holder
of a Debt Security of the series with respect to which such meeting is being held or proxy
therefor shall be entitled to one vote for each $1,000 principal amount (or such other
amount as shall be specified as contemplated by Section 3.01) of Debt Securities of
such series held or represented by him; provided, however, that no vote shall be cast or
counted at any meeting in respect of any Debt Security challenged as not Outstanding and
ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting
shall have no right to vote other than by virtue of Outstanding Debt Securities of such
series held by him or instruments in writing duly designating him as the person to vote on
behalf of Holders of Debt Securities of such series. Any meeting of Holders with respect
to which a meeting was duly called pursuant to the provisions of Section 9.02 or 9.03 may
be adjourned from time to time by a majority of such Holders present and the meeting may
be held as so adjourned without further notice.

Section 9.06.     Voting.

The
vote upon any resolution submitted to any meeting of Holders with respect to which such
meeting is being held shall be by written ballots on which shall be subscribed the
signatures of such Holders or of their representatives by proxy and the serial number or
numbers of the Debt Securities held or represented by them. The permanent chairman of the
meeting shall appoint two inspectors of votes who shall count all votes cast at the
meeting for or against any resolution and who shall make and file with the secretary of
the meeting their verified written reports in duplicate of all votes cast at the meeting.
A record in duplicate of the proceedings of each meeting of Holders shall be taken and
there shall be attached to said record the original reports of the inspectors of votes on
any vote by ballot taken thereat and affidavits by one or more persons having knowledge of
the facts setting forth a copy of the notice of the meeting and showing that said notice
was transmitted as provided in Section 9.02. The record shall show the serial numbers
of the Debt Securities voting in favor of or against any resolution. The record shall be
signed and verified by the affidavits of the permanent chairman and secretary of the
meeting and one of the duplicates shall be delivered to the Company and the other to the
Trustee to be preserved by the Trustee.

Any
record so signed and verified shall be conclusive evidence of the matters therein stated.

61

Section 9.07.     No Delay of Rights by Meeting.

Nothing
contained in this Article Nine shall be deemed or construed to authorize or permit, by
reason of any call of a meeting of Holders or any rights expressly or impliedly conferred
hereunder to make such call, any hindrance or delay in the exercise of any right or rights
conferred upon or reserved to the Trustee or to any Holder under any of the provisions of
this Indenture or of the Debt Securities of any series.

ARTICLE TEN

Consolidation, Merger,
Conveyance, Transfer or Lease

Section 10.01.    Company May Consolidate, etc., Only on Certain Terms.

The
Company shall not consolidate with or merge with or into or wind up into (whether or not
the Company is the surviving corporation) or sell, assign, convey, transfer or lease its
properties and assets as an entirety or substantially as an entirety to any Person,
unless:

| | (1)       
               the corporation formed by such consolidation or into which the Company is merged
               or wound up or the Person which acquires by sale, assignment, conveyance or
               transfer, or which leases, the properties and assets of the Company as an
               entirety or substantially as an entirety (the successor corporation)
               shall be a corporation organized and existing under the laws of the United
               States or any State or territory thereof or the District of Columbia and shall
               expressly assume, by an indenture supplemental hereto, executed and delivered to
               the Trustee, in form reasonably satisfactory to the Trustee, the due and
               punctual payment of the principal of (and premium, if any) and interest on all
               the Debt Securities and the performance of every covenant of this Indenture on
               the part of the Company to be performed or observed;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               immediately after giving effect to such transaction, no Event of Default, and no
               event which, after notice or lapse of time, or both, would become an Event of
               Default, shall have happened and be continuing;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               the Company has delivered to the Trustee an Officers Certificate and an
               Opinion of Counsel each stating that such consolidation, merger, conveyance,
               transfer or lease and such supplemental indenture comply with this Article and
               that all conditions precedent herein provided for relating to such transaction
               have been complied with; and
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               such other conditions as may be specified under Section 3.01 with respect
               to any series of Debt Securities.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------

Section 10.02.    Successor Corporation Substituted.

In
the case of any consolidation, merger or winding up, or sale, assignment, conveyance,
transfer or lease of the properties and assets of the Company as an entirety or
substantially as an entirety, in each case in accordance with Section 10.01, the
successor corporation shall succeed to, and be substituted for (so that from and after the
date of such consolidation, merger, wind up, sale, assignment, conveyance, transfer or
lease, the provisions of this Indenture that refer to the Company shall refer
to such successor corporation and not the Company), and may exercise every right and power
of, the Company under this Indenture with the same effect as if such successor corporation
had been named as the Company herein; and the Company shall be released from all
liabilities and obligations, and relieved of any further obligations, under this Indenture
and the Debt Securities.

62

ARTICLE ELEVEN

Supplemental Indentures

Section 11.01.    Supplemental Indentures Without Consent of Holders.

Without
the consent of any Holders, the Company, when authorized by a Board Resolution, and the
Trustee, at any time and from time to time, may enter into one or more indentures
supplemental hereto, in form satisfactory to the Trustee, for any of the following
purposes:

| | (1)       
               to evidence the succession of another corporation to the rights of the Company
               and the assumption by such successor of the covenants of the Company contained
               herein and in the Debt Securities; or
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

| | (3)       
               to add any additional Events of Default (and if such Events of Default are to be
               applicable to less than all series, stating that such Events of Default are
               expressly being included solely to be applicable to such series); or
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               to change or eliminate any of the provisions of this Indenture, provided that
               any such change or elimination shall become effective only when there is no
               Outstanding Debt Security of any series created prior to the execution of such
               supplemental indenture which is entitled to the benefit of such provision and as
               to which such supplemental indenture would apply; or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               to secure the Debt Securities or to provide that any of the Companys
               obligations under any series of the Debt Securities shall be guaranteed and the
               terms and conditions for the release or substitution of such security or
               guarantee; or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               to supplement any of the provisions of this Indenture to such extent as shall be
               necessary to permit or facilitate the defeasance and discharge of any series of
               Debt Securities pursuant to Article Four or Fifteen, provided that any such
               action shall not adversely affect the interests of the Holders of Debt
               Securities of such series or any other series of Debt Securities in any material
               respect; or
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

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

63

| | (9)       
               to cure any ambiguity, to correct or supplement any provision herein which may
               be defective or inconsistent with any other provision herein, to eliminate any
               conflict between the terms hereof and the Trust Indenture Act or to make any
               other provisions with respect to matters or questions arising under this
               Indenture which shall not be inconsistent with any provision of this Indenture;
               provided such other provisions shall not adversely affect the interests of the
               Holders of Outstanding Debt Securities of any series created prior to the
               execution of such supplemental indenture in any material respect.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 11.02.    Supplemental Indentures With Consent of Holders.

With
the written consent of the Holders of not less than a majority in principal amount of the
Outstanding Debt Securities of each series affected by such supplemental indenture voting
separately, by Act of said Holders delivered to the Company and the Trustee, the Company,
when authorized by a Board Resolution, and the Trustee may enter into an indenture or
indentures supplemental hereto for the purpose of adding any provisions to or changing in
any manner or eliminating any of the provisions of this Indenture or of modifying in any
manner the rights of the Holders under this Indenture of such Debt Securities; provided,
however, that no such supplemental indenture shall, without the consent of the Holder of
each Outstanding Debt Security of each such series affected thereby,

| | (1)       
               conflict with the required provisions of the Trust Indenture Act;
| | -------------------------------------------------------------------------------------------

| | (2)       
               except as specifically provided with respect to any series of Debt Securities
               pursuant to Section 3.01, (a) change the Stated Maturity of the principal
               of, or installment of interest, if any, on, any Debt Security, (b) reduce the
               principal amount thereof or the interest thereon or any premium payable upon
               redemption thereof (provided that a requirement to offer to repurchase Debt
               Securities shall not be deemed a redemption for this purpose), (c) change the
               Currency or Currencies in which the principal of (and premium, if any) or
               interest on such Debt Security is denominated or payable, (d) reduce the amount
               of the principal of a Discount Security that would be due and payable upon a
               declaration of acceleration of the Maturity thereof pursuant to
               Section 5.02, (e) reduce the amount of, or postpone the date fixed for, any
               payment under any sinking fund or analogous provisions for any Debt Security,
               (f) impair the right to institute suit for the enforcement of any payment on or
               after the Stated Maturity thereof (or, in the case of redemption, on or after
               the Redemption Date), or (g) adversely affect the right to convert any Debt
               Security into shares of Common Stock of the Company as may be provided pursuant
               to Section 3.01; or
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               reduce the percentage in aggregate principal amount of the Outstanding Debt
               Securities of any series, the consent of whose Holders is required for any
               supplemental indenture, or the consent of whose Holders is required for any
               waiver of compliance with certain provisions of this Indenture or certain
               defaults hereunder and their consequences provided for in this Indenture; or
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               modify any of the provisions of this Section, Section 5.13 or
               Section 12.06, except to increase any such percentage or to provide that
               certain other provisions of this Indenture cannot be modified or waived without
               the consent of the Holder of each Outstanding Debt Security of each series
               affected thereby; provided, however, that this clause shall not be deemed to
               require the consent of any Holder with respect to changes in the references to
               the Trustee and concomitant changes in this Section and
               Section 12.06, or the deletion of this proviso, in accordance with the
               requirements of Sections 6.11 and 11.01(6).
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

64

It
shall not be necessary for any Act of Holders under this Section to approve the particular
form of any proposed supplemental indenture, but it shall be sufficient if such Act shall
approve the substance thereof.

A
supplemental indenture which changes or eliminates any covenant or other provision of this
Indenture with respect to one or more particular series of Debt Securities or which
modifies the rights of the Holders of Debt Securities of such series with respect to such
covenant or other provision, shall be deemed not to affect the rights under this Indenture
of the Holders of Debt Securities of any other series.

Section 11.03.    Execution of Supplemental Indentures.

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

Section 11.04.    Effect of Supplemental Indentures.

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

Section 11.05.    Conformity with Trust Indenture Act.

Every
supplemental indenture executed pursuant to this Article shall conform to the requirements
of the Trust Indenture Act as then in effect.

Section 11.06.    Reference in Debt Securities to Supplemental Indentures.

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

Section 11.07.    Notice of Supplemental Indenture.

Promptly
after the execution by the Company and the appropriate Trustee of any supplemental
indenture pursuant to Section 11.02, the Company shall transmit, in the manner and to
the extent provided in Section 1.05, to all Holders of any series of the Debt Securities
affected thereby, a notice setting forth in general terms the substance of such
supplemental indenture.

65

ARTICLE TWELVE

Covenants

Section 12.01.    Payment of Principal, Premium and Interest.

The
Company, for the benefit of each series of Debt Securities, will duly and punctually pay
or cause to be paid the principal of, and premium, if any, and interest on, each of the
Debt Securities at the place, at the respective times and in the manner provided herein.
Each installment of interest on the Debt Securities may at the Companys option be
paid by mailing checks for such interest payable to the Person entitled thereto to the
address of such Person as it appears on the Security Register.

Section 12.02.    Officer's Certificate as to Default.

Unless
otherwise specifically provided for with respect to any series of Debt Securities under
Section 3.01, the Company will deliver to the Trustee, on or before a date not more
than four months after the end of each fiscal year of the Company (which on the date
hereof is the calendar year) ending after the date hereof, a certificate of the principal
executive officer, principal financial officer or principal accounting officer of the
Company stating whether or not to the best knowledge of the signer thereof the Company is
in compliance with all covenants and conditions under this Indenture, and, if the Company
shall be in default, specifying all such defaults and the nature thereof of which such
signer may have knowledge. For purposes of this Section, such compliance shall be
determined without regard to any period of grace or requirement of notice provided under
this Indenture.

Section 12.03.    Maintenance of Office or Agency.

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

The
Company may also from time to time designate different or additional offices or agencies
to be maintained for such purposes (in or outside of such Place of Payment), and may from
time to time rescind any such designations; provided, however, that no such designation or
rescission shall in any manner relieve the Company of its obligations described in the
preceding paragraph. The Company will give prompt written notice to the Trustee of any
such additional designation or rescission of designation and any change in the location of
any such different or additional office or agency.

66

Section 12.04.    Money for Debt Securities; Payments To Be Held in Trust.

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

Whenever
the Company shall have one or more Paying Agents with respect to any series of Debt
Securities, it will, by or on each due date of the principal (and premium, if any) or
interest on any Debt Securities of such series, deposit with any such Paying Agent a sum
sufficient to pay the principal (and premium, if any) or interest so becoming due, such
sum to be held in trust for the benefit of the Persons entitled thereto, and (unless any
such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its
action or failure so to act.

The
Company will cause each Paying Agent with respect to any series of Debt Securities other
than the Trustee to execute and deliver to the Trustee an instrument in which such Paying
Agent shall agree with the Trustee, subject to the provisions of this Section, that such
Paying Agent will:

| | (1)       
               hold all sums held by it for the payment of the principal of (and premium, if
               any) or interest on Debt Securities of such series in trust for the benefit of
               the Persons entitled thereto until such sums shall be paid to such Persons or
               otherwise disposed of as herein provided;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               give the Trustee notice of any default by the Company (or any other obligor upon
               the Debt Securities of such series) in the making of any payment of principal
               (and premium, if any) or interest on the Debt Securities of such series; and
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               at any time during the continuance of any such default, upon the written request
               of the Trustee, forthwith pay to the Trustee all sums so held in trust by such
               Paying Agent.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

Any
money deposited with the Trustee or any Paying Agent, or then held by the Company, in
trust for the payment of the principal of (and premium, if any) or interest on any Debt
Security of any series and remaining unclaimed for two years after such principal (and
premium, if any) or interest has become due and payable shall be paid to the Company upon
a Company Request, or (if then held by the Company) shall be discharged from such trust;
and the Holder of such Debt Security shall thereafter, as an unsecured general creditor,
look only to the Company for payment thereof, and all liability of the Trustee or such
Paying Agent with respect to such trust money, and all liability of the Company as trustee
thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent,
before being required to make any such repayment, may at the expense of the Company cause
to be transmitted in the manner and to the extent provided by Section 1.05, notice that
such money remains unclaimed and that, after a date specified therein, which shall not be
less than 30 days from the date of such notification, any unclaimed balance of such money
then remaining will be repaid to the Company.

67

Section 12.05.    Corporate Existence.

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

Section 12.06.    Waiver of Certain Covenants.

The
Company may omit in any particular instance to comply with any term, provision or
condition set forth in Section 12.05 (and, if so specified pursuant to
Section 3.01, any other covenant not set forth herein and specified pursuant to
Section 3.01 to be applicable to the Securities of any series, except as otherwise
provided pursuant to Section 3.01) with respect to the Debt Securities of any series
if before the time for such compliance the Holders of at least a majority in principal
amount of the Outstanding Debt Securities of such series shall, by Act of such Holders,
either waive such compliance in such instance or generally waive compliance with such
term, provision or condition, but no such waiver shall extend to or affect such term,
provision or condition except to the extent expressly so waived, and, until such waiver
shall become effective, the obligations of the Company and the duties of the Trustee in
respect of any such term, provision or condition shall remain in full force and effect.

ARTICLE THIRTEEN

Redemption of Debt
Securities

Section 13.01.    Applicability of Article.

Debt
Securities of any series which are redeemable before their Maturity shall be redeemable in
accordance with their terms and (except as otherwise specified pursuant to
Section 3.01 for Debt Securities of any series) in accordance with this Article.

Section 13.02.    Election to Redeem; Notice to Trustee.

The
election of the Company to redeem (or, in the case of Discount Securities, to permit the
Holders to elect to surrender for redemption) any Debt Securities shall be evidenced by a
Board Resolution. In case of any redemption at the election of the Company of less than
all of the Debt Securities of any series pursuant to Section 13.03, the Company
shall, at least 30 days before the Redemption Date fixed by the Company (unless a shorter
notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date
and of the principal amount of Debt Securities of such series to be redeemed. In the case
of any redemption of Debt Securities prior to the expiration of any restriction on such
redemption provided in the terms of such Debt Securities or elsewhere in this Indenture,
the Company shall furnish the Trustee with an Officers Certificate evidencing
compliance with such restrictions.

68

Section 13.03.    Selection by Trustee of Debt Securities to Be Redeemed.

Except
in the case of a redemption in whole of Registered Securities of such series, if less than
all the Debt Securities of any series are to be redeemed at the election of the Company,
the particular Debt Securities to be redeemed shall be selected not more than 60 days
prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such
series not previously called for redemption, by such method as the Trustee shall deem fair
and appropriate and which may provide for the selection for redemption of portions (equal
to the minimum authorized denomination for Debt Securities of such series or any integral
multiple thereof) of the principal amount of Debt Securities of such series in a
denomination larger than the minimum authorized denomination for Debt Securities of such
series pursuant to Section 3.02 in the Currency in which the Debt Securities of such
series are denominated. The portions of the principal amount of Debt Securities so
selected for partial redemption shall be equal to the minimum authorized denominations for
Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt
Securities of such series are denominated or any integral multiple thereof, except as
otherwise set forth in the applicable form of Debt Securities. In any case when more than
one Registered Security of such series is registered in the same name, the Trustee in its
discretion may treat the aggregate principal amount so registered as if it were
represented by one Registered Security of such series.

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

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

Section 13.04.    Notice of Redemption.

Notice
of redemption shall be given by the Company, or at the Companys request, by the
Trustee in the name and at the expense of the Company, not less than 30 days and not more
than 60 days prior to the Redemption Date to the Holders of Debt Securities of any series
to be redeemed in whole or in part pursuant to this Article Thirteen, in the manner
provided in Section 1.05. Any notice so given shall be conclusively presumed to have been
duly given, whether or not the Holder receives such notice. Failure to give such notice,
or any defect in such notice to the Holder of any Debt Security of a series designated for
redemption, in whole or in part, shall not affect the sufficiency of any notice of
redemption with respect to the Holder of any other Debt Security of such series.

All
notices of redemption shall state:

| | (1)       
               the Redemption Date,
| | ----------------------------------------------

| | (2)       
               the Redemption Price,
| | -----------------------------------------------

| | (3)       
               that Debt Securities of such series are being redeemed by the Company pursuant
               to provisions contained in this Indenture or the terms of the Debt Securities of
               such series or a supplemental indenture establishing such series, if such be the
               case, together with a brief statement of the facts permitting such redemption,
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

69

| | (4)       
               if less than all Outstanding Debt Securities of any series are to be redeemed,
               the identification (and, in the case of partial redemption, the principal
               amounts) of the particular Debt Securities to be redeemed,
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               that on the Redemption Date the Redemption Price will become due and payable
               upon each such Debt Security to be redeemed, and that interest thereon, if any,
               shall cease to accrue on and after said date,
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               the Place or Places of Payment where such Debt Securities are to be surrendered
               for payment of the Redemption Price, and
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (7)       
               that the redemption is for a sinking fund, if such is the case.
| | -----------------------------------------------------------------------------------------

Section 13.05.    Deposit of Redemption Price.

On
or prior to the Redemption Date for any Debt Securities, the Company shall deposit with
the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent,
segregate and hold in trust as provided in Section 12.04) an amount of money in the
Currency or Currencies in which such Debt Securities are denominated (except as provided
pursuant to Section 3.01) sufficient to pay the Redemption Price of such Debt Securities
or any portions thereof which are to be redeemed on that date.

Section 13.06.    Debt Securities Payable on Redemption Date.

Notice
of redemption having been given as aforesaid, any Debt Securities so to be redeemed shall,
on the Redemption Date, become due and payable at the Redemption Price in the Currency in
which the Debt Securities of such series are payable (except as otherwise specified
pursuant to Section 3.01 or 3.10), and from and after such date (unless the Company
shall default in the payment of the Redemption Price) such Debt Securities shall cease to
bear interest. Upon surrender of any such Debt Security for redemption in accordance with
said notice, such Debt Security shall be paid by the Company at the Redemption Price;
provided, however, that, unless otherwise specified as contemplated by Section 3.01,
installments of interest on Registered Securities which have a Stated Maturity on or prior
to the Redemption Date for such Debt Securities shall be payable according to the terms of
such Debt Securities and the provisions of Section 3.07.

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

Section 13.07.    Debt Securities Redeemed in Part.

Any
Debt Security which is to be redeemed only in part shall be surrendered at the Corporate
Trust Office or such other office or agency of the Company as is specified pursuant to
Section 3.01 with, if the Company, the Security Registrar or the Trustee so requires,
due endorsement by, or a written instrument of transfer in form satisfactory to the
Company, the Security Registrar and the Trustee duly executed by, the Holder thereof or
his attorney duly authorized in writing, and the Company shall execute, and the Trustee
shall authenticate and deliver to the Holder of such Debt Security without service charge,
a new Debt Security or Debt Securities of the same series, of like tenor and form, of any
authorized denomination as requested by such Holder in aggregate principal amount equal to
and in exchange for the unredeemed portion of the principal of the Debt Security so
surrendered. In the case of a Debt Security providing appropriate space for such notation,
at the option of the Holder thereof, the Trustee, in lieu of delivering a new Debt
Security or Debt Securities as aforesaid, may make a notation on such Debt Security of the
payment of the redeemed portion thereof.

70

ARTICLE FOURTEEN

Sinking Funds

Section 14.01.    Applicability of Article.

The
provisions of this Article shall be applicable to any sinking fund for the retirement of
Debt Securities of a series except as otherwise specified pursuant to Section 3.01
for Debt Securities of such series.

The
minimum amount of any sinking fund payment provided for by the terms of Debt Securities of
any series is herein referred to as a mandatory sinking fund payment, and any
payment in excess of such minimum amount provided for by the terms of Debt Securities of
any series is herein referred to as an optional sinking fund payment. If
provided for by the terms of Debt Securities of any series, the amount of any cash sinking
fund payment may be subject to reduction as provided in Section 14.02. Each sinking
fund payment shall be applied to the redemption of Debt Securities of any series as
provided for by the terms of Debt Securities of such series.

Section 14.02.    Satisfaction of Mandatory Sinking Fund Payments with Debt Securities.

In
lieu of making all or any part of a mandatory sinking fund payment with respect to any
Debt Securities of a series in cash, the Company may at its option, at any time no more
than sixteen months and no less than 45 days prior to the date on which such sinking fund
payment is due, deliver to the Trustee Debt Securities of such series theretofore
purchased or otherwise acquired by the Company, except Debt Securities of such series
which have been redeemed through the application of mandatory sinking fund payments
pursuant to the terms of the Debt Securities of such series, accompanied by a Company
Order instructing the Trustee to credit such obligations and stating that the Debt
Securities of such series were originally issued by the Company by way of bona fide sale
or other negotiation for value, provided that such Debt Securities shall not have been
previously so credited. Such Debt Securities shall be received and credited for such
purpose by the Trustee at the Redemption Price specified in such Debt Securities for
redemption through operation of the sinking fund and the amount of such mandatory sinking
fund payment shall be reduced accordingly.

Section 14.03.    Redemption of Debt Securities for Sinking Fund.

Not
less than 60 days prior to each sinking fund payment date for any series of Debt
Securities (unless a shorter period shall be satisfactory to the Trustee), the Company
will deliver to the Trustee an Officers Certificate specifying the amount of the
next ensuing sinking fund payment for that series pursuant to the terms of that series,
the portion thereof, if any, which is to be satisfied by payment of cash in the Currency
or Currencies in which the Debt Securities of such series are denominated (except as
provided pursuant to Section 3.01) and the portion thereof, if any, which is to be
satisfied by delivering and crediting Debt Securities of such series pursuant to
Section 14.02 and whether the Company intends to exercise its rights to make a
permitted optional sinking fund payment with respect to such series. Such certificate
shall be irrevocable and upon its delivery the Company shall be obligated to make the cash
payment or payments therein referred to, if any, on or before the next succeeding sinking
fund payment date. In the case of the failure of the Company to deliver such certificate,
the sinking fund payment due on the next succeeding sinking fund payment date for such
series shall be paid entirely in cash and shall be sufficient to redeem the principal
amount of the Debt Securities of such series subject to a mandatory sinking fund payment
without the right to deliver or credit Debt Securities as provided in Section 14.02
and without the right to make any optional sinking fund payment with respect to such
series at such time.

71

Any
sinking fund payment or payments (mandatory or optional) made in cash plus any unused
balance of any preceding sinking fund payments made with respect to the Debt Securities of
any particular series shall be applied by the Trustee (or by the Company if the Company is
acting as its own Paying Agent) on the sinking fund payment date on which such payment is
made (or, if such payment is made before a sinking fund payment date, on the sinking fund
payment date immediately following the date of such payment) to the redemption of Debt
Securities of such series at the Redemption Price specified in such Debt Securities with
respect to the sinking fund. Any sinking fund moneys not so applied or allocated by the
Trustee (or by the Company if the Company is acting as its own Paying Agent) to the
redemption of Debt Securities shall be added to the next sinking fund payment received by
the Trustee (or if the Company is acting as its own Paying Agent, segregated and held in
trust as provided in Section 12.04) for such series and, together with such payment
(or such amount so segregated) shall be applied in accordance with the provisions of this
Section. Any and all sinking fund moneys with respect to the Debt Securities of any
particular series held by the Trustee (or if the Company is acting as its own Paying
Agent, segregated and held in trust as provided in Section 12.04) on the last sinking
fund payment date with respect to Debt Securities of such series and not held for the
payment or redemption of particular Debt Securities of such series shall be applied by the
Trustee (or by the Company if the Company is acting as its own Paying Agent), together
with other moneys, if necessary, to be deposited (or segregated) sufficient for the
purpose, to the payment of the principal of the Debt Securities of such series at
Maturity.

The
Trustee shall select or cause to be selected the Debt Securities to be redeemed upon such
sinking fund payment date in the manner specified in Section 13.03 and the Company
shall cause notice of the redemption thereof to be given in the manner provided in Section
13.04. Such notice having been duly given, the redemption of such Debt Securities shall be
made upon the terms and in the manner stated in Section 13.06.

On
or before each sinking fund payment date, the Company shall pay to the Trustee (or, if the
Company is acting as its own Paying Agent, the Company shall segregate and hold in trust
as provided in Section 12.04) in cash a sum, in the Currency or Currencies in which
Debt Securities of such series are denominated (except as provided pursuant to
Sections 3.01 or 3.10), equal to the principal and any interest accrued to the
Redemption Date for Debt Securities or portions thereof to be redeemed on such sinking
fund payment date pursuant to this Section.

Neither
the Trustee nor the Company shall redeem any Debt Securities of a series with sinking fund
moneys or mail any notice of redemption of Debt Securities of such series by operation of
the sinking fund for such series during the continuance of a default in payment of
interest, if any, on any Debt Securities of such series or of any Event of Default (other
than an Event of Default occurring as a consequence of this paragraph) with respect to the
Debt Securities of such series, except that if the notice of redemption shall have been
provided in accordance with the provisions hereof, the Trustee (or the Company, if the
Company is then acting as its own Paying Agent) shall redeem such Debt Securities if cash
sufficient for that purpose shall be deposited with the Trustee (or segregated by the
Company) for that purpose in accordance with the terms of this Article. Except as
aforesaid, any moneys in the sinking fund for such series at the time when any such
default or Event of Default shall occur and any moneys thereafter paid into such sinking
fund shall, during the continuance of such default or Event of Default, be held as
security for the payment of the Debt Securities of such series; provided, however, that in
case such default or Event of Default shall have been cured or waived as provided herein,
such moneys shall thereafter be applied on or prior to the next sinking fund payment date
for the Debt Securities of such series on which such moneys may be applied pursuant to the
provisions of this Section.

72

ARTICLE FIFTEEN

Defeasance

Section 15.01.    Applicability of Article.

If,
pursuant to Section 3.01, provision is made for the defeasance of Debt Securities of
a series, and if the Debt Securities of such series are Registered Securities and
denominated and payable only in Dollars (except as provided pursuant to
Section 3.01), then the provisions of this Article shall be applicable except as
otherwise specified pursuant to Section 3.01 for Debt Securities of such series.
Defeasance provisions, if any, for Debt Securities denominated in a Foreign Currency or
Currencies may be specified pursuant to Section 3.01.

Section 15.02.    Defeasance Upon Deposit of Moneys or U.S. Government Obligations.

At
the Companys option, either (a) the Company shall be deemed to have been Discharged
(as defined below) from its obligations with respect to Debt Securities of any series
(legal defeasance option), in which case, payment of the Debt Securities of
such defeased series may not be accelerated because of an Event of Default, or (b) the
Company shall cease to be under any obligation to comply with any term, provision or
condition set forth in Section 10.01 with respect to Debt Securities of any series
(and, if so specified pursuant to Section 3.01, any other obligation of the Company
or restrictive covenant added for the benefit of such series pursuant to
Section 3.01), in which case, payment of the Debt Securities so defeased may not be
accelerated because of an Event of Default based upon the non-compliance with, or default
of, any such term, provision, condition or covenant (covenant defeasance
option), in each case at any time after the applicable conditions set forth below
have been satisfied:

| | (1)       
               the Company shall have deposited or caused to be deposited irrevocably with the
               Trustee as trust funds in trust, specifically pledged as security for, and
               dedicated solely to, the benefit of the Holders of the Debt Securities of such
               series (i) money in an amount, or (ii) U.S. Government Obligations (as defined
               below) which through the payment of interest and principal in respect thereof in
               accordance with their terms will provide, not later than one day before the due
               date of any payment, money in an amount, or (iii) a combination of (i) and (ii),
               sufficient, in the opinion (with respect to (i) and (ii)) of a nationally
               recognized firm of independent public accountants expressed in a written
               certification thereof delivered to the Trustee, to pay and discharge each
               installment of principal (including any mandatory sinking fund payments) of and
               premium, if any, and interest on, the Outstanding Debt Securities of such series
               on the dates such installments of interest or principal and premium are due;
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

73

| | (2)       
               such deposit shall not cause the Trustee with respect to Debt Securities of that
               series to have a conflicting interest as defined in Section 6.08 and for
               purposes of the Trust Indenture Act with respect to the Debt Securities of any
               series;
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               such deposit will not result in a breach of, or constitute a default under, this
               Indenture or any other material agreement or instrument to which the Company is
               a party or by which it is bound, or if such breach or default would occur, which
               is not waived as of, and for all purposes, on and after, the date of such
               deposit;
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               if the Debt Securities of such series are then listed on any national securities
               exchange, the Company shall have delivered to the Trustee an Opinion of Counsel
               or a letter or other document from such exchange to the effect that the
               Companys exercise of its option under this Section would not cause such
               Debt Securities to be delisted;
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               no Event of Default or event (including such deposit) which, with notice or
               lapse of time or both, would become an Event of Default with respect to the Debt
               Securities of such series shall have occurred and be continuing on the date of
               such deposit (other than an Event of Default, if any, relating to such series of
               Debt Securities (and no other series of Debt Securities) which result from the
               incurrence of indebtedness or the grant of liens securing such indebtedness, all
               or a portion of the proceeds of which will be applied to such deposit), and,
               with respect to the legal defeasance option only, no Event of Default under
               Section 5.01(6) or Section 5.01(7) or event which with the giving of
               notice or lapse of time, or both, would become an Event of Default under
               Section 5.01(6) or Section 5.01(7) shall have occurred and be
               continuing on the 91st day after such date; and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6)       
               the Company shall have delivered to the Trustee an Opinion of Counsel or a
               ruling from the Internal Revenue Service to the effect that the Holders of the
               Debt Securities of such series will not recognize income, gain or loss for
               Federal income tax purposes as a result of such deposit, defeasance or
               Discharge.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Notwithstanding
the foregoing, if the Company exercises its covenant defeasance option and an Event of
Default under Section 5.01(6) or Section 5.01(7) or event which with the giving
of notice or lapse of time, or both, would become an Event of Default under
Section 5.01(6) or Section 5.01(7) shall have occurred and be continuing on the
91st day after the date of such deposit, the obligations of the Company referred to under
the definition of covenant defeasance option with respect to such Debt Securities shall be
reinstated.

Discharged
means that the Company shall be deemed to have paid and discharged the entire indebtedness
represented by, and obligations under, the Debt Securities of such series and to have
satisfied all the obligations under this Indenture relating to the Debt Securities of such
series (and the Trustee, at the expense of the Company, shall execute proper instruments
acknowledging the same), except (A) the rights of Holders of Debt Securities of such
series to receive, from the trust fund described in clause (1) above, payment of the
principal of (and premium, if any) and interest on such Debt Securities when such payments
are due, (B) the Companys obligations with respect to the Debt Securities of such
series under Sections 3.04, 3.05, 3.06, 12.03 and 15.03 and (C) the rights, powers,
trusts, duties and immunities of the Trustee hereunder.

74

U.S.       
          Government Obligations means securities that are (i) direct obligations of
          the United States for the payment of which its full faith and credit is pledged,
          or (ii) obligations of a Person controlled or supervised by and acting as an
          agency or instrumentality of the United States the payment of which is
          unconditionally guaranteed as a full faith and credit obligation by the United
          States, which, in either case under clauses (i) or (ii), are not callable or
          redeemable at the option of the issuer thereof, and shall also include a
          depository receipt issued by a bank or trust company as custodian with respect
          to any such U.S. Government Obligation or a specific payment of interest on or
          principal of any such U.S. Government Obligation held by such custodian for the
          account of the holder of a depository receipt; provided that (except as required
          by law) such custodian is not authorized to make any deduction from the amount
          payable to the holder of such depository receipt from any amount received by the
          custodian in respect of the U.S. Government Obligation or the specific payment
          of interest on or principal of the U.S. Government Obligation evidenced by such
          depository receipt.

Section 15.03.    Deposited Moneys and U.S. Government, Obligations to Be Held in Trust.

All
moneys and U.S. Government Obligations deposited with the Trustee pursuant to Section
15.02 in respect of Debt Securities of a series shall be held in trust and applied by it,
in accordance with the provisions of such Debt Securities and this Indenture, to the
payment, either directly or through any Paying Agent (including the Company acting as its
own Paying Agent) as the Trustee may determine, to the Holders of such Debt Securities, of
all sums due and to become due thereon for principal (and premium, if any) and interest,
if any, but such money need not be segregated from other funds except to the extent
required by law.

Section 15.04.    Repayment to Company.

The
Trustee and any Paying Agent shall promptly pay or return to the Company upon Company
Request any moneys or U.S. Government Obligations held by them at any time that are not
required for the payment of the principal of (and premium, if any) and interest on the
Debt Securities of any series for which money or U.S. Government Obligations have been
deposited pursuant to Section 15.02.

The
provisions of the last paragraph of Section 12.04 shall apply to any money held by
the Trustee or any Paying Agent under this Article that remains unclaimed for two years
after the Maturity of any series of Debt Securities for which money or U.S. Government
Obligations have been deposited pursuant to Section 15.02.

ARTICLE SIXTEEN

Conversion

Section 16.01.    Applicability; Conversion Privilege.

Except
as otherwise specified pursuant to Section 3.01 for Debt Securities of any series,
the provisions of this Article Sixteen shall be applicable to any Debt Securities that are
convertible into Common Stock. If so provided pursuant to Section 3.01 with respect
to the Debt Securities of any series, the Holder of a Debt Security of such series shall
have the right, at such Holders option, to convert, in accordance with the terms of
such series of Debt Securities and this Article Sixteen, all or any part (in a
denomination of, unless otherwise specified pursuant to Section 3.01 with respect to
Debt Securities of such series (1) $1,000 in principal amount or any integral multiple
thereof or (2) in the case of Debt Securities denominated in a Foreign Currency, in a
denomination equal to $1,000 or an integral multiple thereof based on the Market Exchange
Rate) of such Debt Security into shares of Common Stock or, as to any Debt Securities
called for redemption, at any time prior to the time and date fixed for such redemption
(unless the Company shall default in the payment of the Redemption Price, in which case
such right shall not terminate at such time and date).

75

Section 16.02.    Conversion Procedure; Conversion Price; Fractional Shares.

(a)       
          Each Debt Security to which this Article is applicable shall be convertible at
          the office of the Conversion Agent, and at such other place or places, if any,
          specified in pursuant to Section 3.01 with respect to the Debt Securities of
          such series, into fully paid and nonassessable shares (calculated to the nearest
          1/100th of a share) of Common Stock. The Debt Securities will be converted into
          shares of Common Stock at the Conversion Price therefor. No payment or
          adjustment shall be made in respect of dividends on the Common Stock or accrued
          interest on a converted Debt Security except as described in Section 16.09. The
          Company may, but shall not be required, in connection with any conversion of
          Debt Securities, to issue a fraction of a share of Common Stock and, if the
          Company shall determine not to issue any such fraction, the Company shall,
          subject to Section 16.03(4), make a cash payment (calculated to the nearest
          cent) equal to such fraction multiplied by the Closing Price of the Common Stock
          on the last Trading Day prior to the date of conversion.

(b)       
          Before any Holder of a Debt Security shall be entitled to convert the same into
          Common Stock, such Holder shall surrender such Debt Security duly endorsed to
          the Company or in blank at the office of the Conversion Agent or at such other
          place or places, if any, specified pursuant to Section 3.01, and shall give
          written notice to the Company at said office or place that he elects to convert
          the same and shall state in writing therein the principal amount of Debt
          Securities to be converted and the name or names (with addresses) in which he
          wishes the certificate or certificates for Common Stock to be issued; provided,
          however, that no Debt Security or portion thereof shall be accepted for
          conversion unless the principal amount of such Debt Security or such portion,
          when added to the principal amount of all other Debt Securities or portions
          thereof then being surrendered by the Holder thereof for conversion, exceeds the
          then effective Conversion Price with respect thereto. If more than one Debt
          Security shall be surrendered for conversion at one time by the same Holder, the
          number of full shares of Common Stock which shall be deliverable upon conversion
          shall be computed on the basis of the aggregate principal amount of the Debt
          Securities (or specified portions thereof to the extent permitted thereby) so
          surrendered. Subject to the next succeeding sentence, the Company will, as soon
          as practicable thereafter, issue and deliver at said office or place to such
          Holder of a Debt Security, or to his nominee or nominees, certificates for the
          number of full shares of Common Stock to which he shall be entitled as
          aforesaid, together, subject to the last sentence of paragraph (a) above, with
          cash in lieu of any fraction of a share to which he would otherwise be entitled.
          The Company shall not be required to deliver certificates for shares of Common
          Stock while the stock transfer books for such stock or the Security Register are
          duly closed for any purpose, but certificates for shares of Common Stock shall
          be issued and delivered as soon as practicable after the opening of such books
          or Security Register. A Debt Security shall be deemed to have been converted as
          of the close of business on the date of the surrender of such Debt Security for
          conversion as provided above, and the Person or Persons entitled to receive the
          Common Stock issuable upon such conversion shall be treated for all purposes as
          the record Holder or Holders of such Common Stock as of the close of business on
          such date. In case any Debt Security shall be surrendered for partial
          conversion, the Company shall execute and the Trustee shall authenticate and
          deliver to or upon the written order of the Holder of the Debt Securities so
          surrendered, without charge to such Holder (subject to the provisions of Section
          16.08), a new Debt Security or Securities in authorized denominations in an
          aggregate principal amount equal to the unconverted portion of the surrendered
          Debt Security.

76

Section 16.03.    Adjustment of Conversion Price for Common Stock.

The
Conversion Price with respect to any Debt Security which is convertible into Common Stock
shall be adjusted from time to time as follows:

| | (1)       
               In case the Company shall, at any time or from time to time while any of such
               Debt Securities are outstanding, (i) pay a dividend in shares of its Common
               Stock to holders of Common Stock, (ii) combine its outstanding shares of
               Common Stock into a smaller number of shares of Common Stock,
               (iii) subdivide its outstanding shares of Common Stock into a greater
               number of shares of Common Stock or (iv) make a distribution in shares of
               Common Stock to holders of Common Stock, then the Conversion Price in effect
               immediately before such action shall be adjusted so that the Holders of such
               Debt Securities, upon conversion thereof into Common Stock immediately following
               such event, shall be entitled to receive the kind and amount of shares of
               capital stock of the Company which they would have owned or been entitled to
               receive upon or by reason of such event if such Debt Securities had been
               converted immediately before the record dated (or, if no record date, the
               effective date) for such event. An adjustment made pursuant to this
               Section 16.03(1) shall become effective retroactively immediately after the
               record date in the case of a dividend or distribution and shall become effective
               retroactively immediately after the effective date in the case of a subdivision
               or combination. For the purposes of this Section 16.03(1), each Holder of
               Debt Securities shall be deemed to have failed to exercise any right to elect
               the kind or amount of securities receivable upon the payment of any such
               dividend, subdivision, combination or distribution (provided that if the kind or
               amount of securities receivable upon such dividend, subdivision, combination or
               distribution is not the same for each non-electing share, then the kind and
               amount of securities or other property receivable upon such dividend,
               subdivision, combination or distribution for each non-electing share shall be
               deemed to be the kind and amount so receivable per share by a plurality of the
               non-electing shares).
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               In case the Company shall, at any time or from time to time while any of such
               Debt Securities are outstanding, issue rights or warrants to all holders of
               shares of its Common Stock entitling them (for a period expiring within 45 days
               after the record date for such issuance) to subscribe for or purchase shares of
               Common Stock (or securities convertible into shares of Common Stock) at a price
               per share less than the Current Market Price of the Common Stock at such record
               date (treating the price per share of the securities convertible into Common
               Stock as equal to (x) the sum of (i) the price for a unit of the security
               convertible into Common Stock and (ii) any additional consideration initially
               payable upon the conversion of such security into Common Stock divided by (y)
               the number of shares of Common Stock initially underlying such convertible
               security), the Conversion Price with respect to such Debt Securities shall be
               adjusted so that it shall equal the price determined by dividing the Conversion
               Price in effect immediately prior to the date of issuance of such rights or
               warrants by a fraction, the numerator of which shall be the number of shares of
               Common Stock outstanding on the date of issuance of such rights or warrants plus
               the number of additional shares of Common Stock offered for subscription or
               purchase (or into which the convertible securities so offered are initially
               convertible), and the denominator of which shall be the number of shares of
               Common Stock outstanding on the date of issuance of such rights or warrants plus
               the number of shares of additional shares of Common Stock which the aggregate
               offering price of the total number of shares of securities so offered for
               subscription or purchase (or the aggregate purchase price of the convertible
               securities so offered plus the aggregate amount of any additional consideration
               initially payable upon conversion of such securities into Common Stock) would
               purchase at such Current Market Price of the Common Stock. Such adjustment shall
               become effective retroactively immediately after the record date for the
               determination of stockholders entitled to receive such rights or warrants.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

77

| | (3)       
               In the case the Company shall, at any time or from time to time while any of
               such Debt Securities are outstanding, distribute to all holders of shares of its
               Common Stock (including any such distribution made in connection with a
               consolidation or merger in which the Company is the continuing corporation and
               the Common Stock is not changed or exchanged) cash, evidences of its
               indebtedness, securities or assets (excluding (i) regular periodic cash
               dividends in amounts, if any, determined from time to time by the Board of
               Directors, (ii) dividends payable in shares of Common Stock for which adjustment
               is made under Section 16.03(1) or (iii) rights or warrants to subscribe for or
               purchase securities of the Company (excluding those referred to in Section
               16.03(2))), then in each such case the Conversion Price with respect to such
               Debt Securities determined by dividing the Conversion Price in effect
               immediately prior to the date of such distribution by a fraction, the numerator
               of which shall be the Current Market Price of the Common Stock on the record
               date referred to below, and the denominator of which shall be such Current
               Market Price of the Common Stock less the then fair market value (as determined
               by the Board of Directors of the Company, whose determination shall be
               conclusive) of the portion of the cash or assets or evidences of indebtedness or
               securities so distributed or of such subscription rights or warrants applicable
               to one share of Common Stock (provided that such denominator shall never be less
               than 1.0); provided however, that no adjustment shall be made with respect to
               any distribution of rights to purchase securities of the Company if a Holder of
               Debt Securities would otherwise be entitled to receive such rights upon
               conversion at any time of such Debt Securities into Common Stock unless such
               rights are subsequently redeemed by the Company, in which case such redemption
               shall be treated for purposes of this section as a dividend on the Common Stock.
               Such adjustment shall become effective retroactively immediately after the
               record date for the determination of stockholders entitled to receive such
               distribution; and in the event that such distribution is not so made, the
               Conversion Price shall again be adjusted to the Conversion Price which would
               then be in effect if such record date had not been fixed.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4)       
               The Company shall be entitled to make such additional adjustments in the
               Conversion Price, in addition to those required by Sections 16.03(1),
               16.03(2), and 16.03(3), as shall be necessary in order that any dividend or
               distribution of Common Stock, any subdivision, reclassification or combination
               of shares of Common Stock or any issuance of rights or warrants referred to
               above shall not be taxable to the holders of Common Stock for United States
               Federal income tax purposes.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5)       
               In any case in which this Section 16.03 shall require that any adjustment
               be made effective as of or retroactively immediately following a record date,
               the Company may elect to defer (but only for five (5) Trading Days following the
               filing of the statement referred to in Section 16.05) issuing to the Holder
               of any Debt Securities converted after such record date the shares of Common
               Stock and other capital stock of the Company issuable upon such conversion over
               and above the shares of Common Stock and other capital stock of the Company
               issuable upon such conversion on the basis of the Conversion Price prior to
               adjustment; provided, however, that the Company shall deliver to such Holder a
               due bill or other appropriate instrument evidencing such Holders right to
               receive such additional shares upon the occurrence of the event requiring such
               adjustment.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

78

| | (6)       
               All calculations under this Section 16.03 shall be made to the nearest cent
               or one-hundredth of a share of security, with one-half cent and 0.005 of a
               share, respectively, being rounded upward. Notwithstanding any other provision
               of this Section 16.03, the Company shall not be required to make any
               adjustment of the Conversion Price unless such adjustment would require an
               increase or decrease of at least 1% of such price. Any lesser adjustment shall
               be carried forward and shall be made at the time of and together with the next
               subsequent adjustment which, together with any adjustment or adjustments so
               carried forward, shall amount to an increase or decrease of at least 1% in such
               price. Any adjustments under this Section 16.03 shall be made successively
               whenever an event requiring such an adjustment occurs.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (7)       
               In the event that at any time, as a result of an adjustment made pursuant to
               this Section 16.03, the Holder of any Debt Security thereafter surrendered
               for conversion shall become entitled to receive any shares of stock of the
               Company other than shares of Common Stock into which the Debt Securities
               originally were convertible, the Conversion Price of such other shares so
               receivable upon conversion of any such Debt Security shall be subject to
               adjustment from time to time in a manner and on terms as nearly equivalent as
               practicable to the provisions with respect to Common Stock contained in
               subparagraphs (1) through (6) of this Section 16.03, and the provisions of
               Sections 16.01, 16.02 and 16.04 through 16.09 with respect to the Common
               Stock shall apply on like or similar terms to any such other shares and the
               determination of the Board of Directors as to any such adjustment shall be
               conclusive.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (8)       
               No adjustment shall be made pursuant to this Section: (i) if the effect
               thereof would be to reduce the Conversion Price below the par value (if any) of
               the Common Stock or (ii) subject to Section 16.03(5) hereof, with respect
               to any Debt Security that is converted prior to the time such adjustment
               otherwise would be made.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 16.04.    Consolidation or Merger of the Company.

In
case of either (a) any consolidation or merger to which the Company is a party, other
than a merger or consolidation in which the Company is the surviving or continuing
corporation and which does not result in a reclassification of, or change (other than a
change in par value or from par value to no par value or from no par value to par value,
as a result of a subdivision or combination) in, outstanding shares of Common Stock or
(b) any sale or conveyance of all or substantially all of the property and assets of
the Company to another Person, then each Debt Security then outstanding shall be
convertible from and after such merger, consolidation, sale or conveyance of property and
assets into the kind and amount of shares of stock or other securities and property
(including cash) receivable upon such consolidation, merger, sale or conveyance by a
holder of the number of shares of Common Stock into which such Debt Securities would have
been converted immediately prior to such consolidation, merger, sale or conveyance,
subject to adjustments which shall be as nearly equivalent as may be practicable to the
adjustments provided for in this Article Sixteen (and assuming such holder of Common Stock
failed to exercise his rights of election, if any, as to the kind or amount of securities,
cash or other property (including cash) receivable upon such consolidation, merger, sale
or conveyance (provided that, if the kind or amount of securities, cash or other property
(including cash) receivable upon such consolidation, merger, sale or conveyance is not the
same for each non-electing share, then the kind and amount of securities, cash or other
property (including cash) receivable upon such consolidation, merger, sale or conveyance
for each non-electing share shall be deemed to be the kind and amount so receivable per
share by a plurality of the non-electing shares or securities)). The Company shall not
enter into any of the transactions referred to in clause (a) or (b) of the preceding
sentence unless effective provision shall be made so as to give effect to the provisions
set forth in this Section 16.04. The provisions of this Section 16.04 shall
apply similarly to successive consolidations, mergers, sales or conveyances.

79

Section 16.05.    Notice of Adjustment.

Whenever
an adjustment in the Conversion Price with respect to a series of Debt Securities is
required:

| | (1)       
               the Company shall forthwith place on file with the Trustee and any Conversion
               Agent for such Securities a certificate of the Treasurer of the Company, stating
               the adjusted Conversion Price determined as provided herein and setting forth in
               reasonable detail such facts as shall be necessary to show the reason for and
               the manner of computing such adjustment, such certificate to be conclusive
               evidence that the adjustment is correct; and
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               a notice stating that the Conversion Price has been adjusted and setting forth
               the adjusted Conversion Price shall forthwith be given by the Company, or at the
               Companys request, by the Trustee in the name and at the expense of the
               Company, in the manner provided in Section 1.05. Any notice so given shall
               be conclusively presumed to have been duly given, whether or not the Holder
               receives such notice.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 16.06.    Notice in Certain Events.

In
case:

| | (1)       
               of a consolidation or merger to which the Company is a party and for which
               approval of any stockholders of the Company is required, or of the sale or
               conveyance to another Person or entity or group of Persons or entities acting in
               concert as a partnership, limited partnership, syndicate or other group (within
               the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended)
               of all or substantially all of the property and assets of the Company; or
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2)       
               of the voluntary or involuntary dissolution, liquidation or winding up of the
               Company; or
| | ----------------------------------------------------------------------------------------------------------------------------------

| | (3)       
               of any action triggering an adjustment of the Conversion Price pursuant to this
               Article Sixteen;
| | -----------------------------------------------------------------------------------------------------------------------------------------

then, in each case, the Company shall
cause to be filed with the Trustee and the Conversion Agent for the applicable Debt
Securities, and shall cause to be given, to the Holders of record of applicable Debt
Securities in the manner provided in Section 1.05, at least fifteen (15) days prior to the
applicable date hereinafter specified, a notice stating (x) the date on which a record is
to be taken for the purpose of any distribution or grant of rights or warrants triggering
an adjustment to the Conversion Price pursuant to this Article Sixteen, or, if a record is
not to be taken, the date as of which the holders of record or Common Stock entitled to
such distribution, rights or warrants are to be determined, or (y) the date on which any
reclassification, consolidation, merger, sale, conveyance, dissolution, liquidation or
winding up triggering an adjustment to the Conversion Price pursuant to this Article
Sixteen is expected to become effective, and the date as of which it is expected that
holders of Common Stock of record shall be entitled to exchange their Common Stock for
securities or other property deliverable upon such reclassification, consolidation,
merger, sale, conveyance, dissolution, liquidation or winding up.

80

Failure
to give such notice or any defect therein shall not affect the legality or validity of the
proceedings described in clause (1), (2), or (3) of this Section.

Section 16.07.    Company to Reserve Stock; Registration; Listing.

(a)       
          The Company shall at all times reserve and keep available, free from preemptive
          rights, out of its authorized but unissued shares of Common Stock, for the
          purpose of effecting the conversion of the Debt Securities, such number of its
          duly authorized shares of Common Stock as shall from time to time be sufficient
          to effect the conversion of all applicable outstanding Debt Securities into such
          Common Stock at any time (assuming that, at the time of the computation of such
          number of shares or securities, all such Debt Securities would be held by a
          single holder); provided, however, that nothing contained herein shall preclude
          the Company from satisfying its obligations in respect of the conversion of the
          Debt Securities by delivery of purchased shares of Common Stock which are held
          in the treasury of the Company. The Company shall from time to time, in
          accordance with the laws of the State of Delaware, use its commercially
          reasonable best efforts to cause the authorized amount of the Common Stock to be
          increased if the aggregate of the authorized amount of the Common Stock
          remaining unissued and the issued shares of such Common Stock in its treasury
          (other than any such shares reserved for issuance in any other connection) shall
          not be sufficient to permit the conversion of all Debt Securities.

(b)       
          If any shares of Common Stock which would be issuable upon conversion of Debt
          Securities hereunder require registration with or approval of any governmental
          authority before such shares or securities may be issued upon such conversion,
          the Company will in good faith and as expeditiously as possible endeavor to
          cause such shares or securities to be duly registered or approved, as the case
          may be. The Company will endeavor to list the shares of Common Stock required to
          be delivered upon conversion of the Debt Securities prior to such delivery upon
          the principal national securities exchange upon which the outstanding Common
          Stock is listed at the time of such delivery.

Section 16.08.    Taxes on Conversion.

The
Company shall pay any and all documentary, stamp or similar issue or transfer taxes that
may be payable in respect of the issue or delivery of shares of Common Stock on conversion
of Debt Securities pursuant hereto. The Company shall not, however, be required to pay any
such tax which may be payable in respect of any transfer involved in the issue or delivery
of shares of Common Stock or the portion, if any, of the Debt Securities which are not so
converted in a name other than that in which the Debt Securities so converted were
registered, and no such issue or delivery shall be made unless and until the Person
requesting such issue has paid to the Company the amount of such tax or has established to
the satisfaction of the Company that such tax has been paid.

81

Section 16.09.    Conversion After Record Date.

If
any Debt Securities are surrendered for conversion subsequent to the record date preceding
an Interest Payment Date but on or prior to such Interest Payment Date (except Debt
Securities called for redemption on a Redemption Date between such record date and
Interest Payment Date), the Holder of such Debt Securities at the close of business on
such record date shall be entitled to receive the interest payable on such Debt Securities
on such Interest Payment Date notwithstanding the conversion thereof. Debt Securities
surrendered for conversion during the period from the close of business on any record date
next preceding any Interest Payment Date to the opening of business on such Interest
Payment Date to the opening of business on such Interest Payment Date shall (except in the
case of Debt Securities which have been called for redemption on a Redemption Date within
such period) be accompanied by payment to the Company and in the Currency acceptable to
the Company of an amount equal to the interest payable on such Interest Payment Date on
the Debt Securities being surrendered for conversion. Except as provided in this Section
16.09, no adjustments in respect of payments of interest on Debt Securities surrendered
for conversion or any dividends or distributions of interest on the Common Stock issued
upon conversion shall be made upon the conversion of any Debt Securities.

Section 16.10.    Company Determination Final.

Any
determination that the Company or the Board of Directors must make pursuant to this
Article is conclusive.

Section 16.11.    Trustee's Disclaimer.

The
Trustee has no duty to determine when an adjustment under this Article should be made, how
it should be made or what it should be. The Trustee makes no representation as to the
validity or value of any securities or assets issued upon conversion of Debt Securities.
The Trustee shall not be responsible for the Companys failure to comply with this
Article. Each Conversion Agent other than the Company shall have the same protection under
this Section as the Trustee.

ARTICLE SEVENTEEN

Guarantee

Section
17.01. Applicability of Article; Unconditional Guarantee

(a)       
          Notwithstanding any provision of this Article Seventeen to the contrary, the
          provisions of this Article Seventeen shall be applicable only to, and inure
          solely to the benefit of, the Debt Securities of any series designated, pursuant
          to Section 3.01, as entitled to the benefits of the guarantee of each
          Subsidiary of the Company therein designated as guaranteeing such Debt
          Securities (as used in this Article Seventeen, each such Subsidiary from time to
          time guaranteeing such Debt Securities, together with its successor and assigns
          and until it is released therefrom as herein provided, is referred to as a
          Subsidiary Guarantor).

(b)       
          For value received, each Subsidiary Guarantor hereby fully, unconditionally and
          absolutely guarantees (the Guarantee) to the Holders and to the
          Trustee the due and punctual payment of the principal of, and premium, if any,
          and interest on, the Debt Securities and all other amounts due and payable under
          this Indenture and the Debt Securities by the Company, when and as such
          principal, premium, if any, and interest shall become due and payable, whether
          at the stated maturity or by declaration of acceleration, call for redemption or
          otherwise, according to the terms of the Debt Securities and this Indenture,
          subject to the limitations set forth in Section 17.03.

82

(c)       
          Failing payment when due of any amount guaranteed pursuant to the Guarantee, for
          whatever reason, each of the Subsidiary Guarantors will be jointly and severally
          obligated to pay the same immediately. The Guarantee hereunder is intended to be
          a general, unsecured, senior obligation of each of the Subsidiary Guarantors and
          will rank pari passu in right of payment with all Debt of such Subsidiary
          Guarantor that is not, by its terms, expressly subordinated in right of payment
          to the Guarantee. Each of the Subsidiary Guarantors hereby agrees that its
          obligations hereunder, shall be full, unconditional and absolute, irrespective
          of the validity, regularity or enforceability of the Debt Securities, the
          Guarantee (including the Guarantee of any other Subsidiary Guarantor) or this
          Indenture, the absence of any action to enforce the same, any waiver or consent
          by any Holder of the Debt Securities with respect to any provisions hereof or
          thereof, the recovery of any judgment against the Company or any other
          Subsidiary Guarantor, or any action to enforce the same or any other
          circumstances which might otherwise constitute a legal or equitable discharge or
          defense of the Subsidiary Guarantors. Each of the Subsidiary Guarantors hereby
          agrees that in the event of a default in payment of the principal of, or
          premium, if any, or interest on the Debt Securities, whether at the stated
          maturity or by declaration of acceleration, call for redemption or otherwise,
          legal proceedings may be instituted by the Trustee on behalf of the Holders or,
          subject to Section 5.07, by the Holders, on the terms and conditions set forth
          in this Indenture, directly against such Subsidiary Guarantor to enforce the
          Guarantee without first proceeding against the Company or any other Subsidiary
          Guarantor.

(d)       
          The obligations of each of the Subsidiary Guarantors under this
          Article Seventeen shall be as aforesaid full, unconditional and absolute
          and shall not be impaired, modified, released or limited by any occurrence or
          condition whatsoever, including, without limitation, (i) any compromise,
          settlement, release, waiver, renewal, extension, indulgence or modification of,
          or any change in, any of the obligations and liabilities of the Company or any
          of the Subsidiary Guarantors contained in the Debt Securities or this Indenture,
          (ii) any impairment, modification, release or limitation of the liability
          of the Company, any of the Subsidiary Guarantors or either of their estates in
          bankruptcy, or any remedy for the enforcement thereof, resulting from the
          operation of any present or future provision of any applicable Federal or State
          bankruptcy, insolvency or similar law, or other statute or from the decision of
          any court, (iii) the assertion or exercise by the Company, any of the
          Subsidiary Guarantors or the Trustee of any rights or remedies under the Debt
          Securities or this Indenture or their delay in or failure to assert or exercise
          any such rights or remedies, (iv) the assignment or the purported
          assignment of any property as security for the Debt Securities, including all or
          any part of the rights of the Company or any of the Subsidiary Guarantors under
          this Indenture, (v) the extension of the time for payment by the Company or
          any of the Subsidiary Guarantors of any payments or other sums or any part
          thereof owing or payable under any of the terms and provisions of the Debt
          Securities or this Indenture or of the time for performance by the Company or
          any of the Subsidiary Guarantors of any other obligations under or arising out
          of any such terms and provisions or the extension or the renewal of any thereof,
          (vi) the modification or amendment (whether material or otherwise) of any
          duty, agreement or obligation of the Company or any of the Subsidiary Guarantors
          set forth in this Indenture, (vii) the voluntary or involuntary
          liquidation, dissolution, sale or other disposition of all or substantially all
          of the assets, marshaling of assets and liabilities, receivership, insolvency,
          bankruptcy, assignment for the benefit of creditors, reorganization,
          arrangement, composition or readjustment of, or other similar proceeding
          affecting, the Company or any of the Subsidiary Guarantors or any of their
          respective assets, or the disaffirmance of the Debt Securities, the Guarantee or
          this Indenture in any such proceeding, (viii) the release or discharge of
          the Company or any of the Subsidiary Guarantors from the performance or
          observance of any agreement, covenant, term or condition contained in any of
          such instruments by operation of law, (ix) the unenforceability of the Debt
          Securities, the Guarantee or this Indenture or (x) any other circumstances
          which might otherwise constitute a legal or equitable discharge of a surety or
          guarantor.

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(e)       
          Each of the Subsidiary Guarantors hereby (i) waives diligence, presentment,
          demand of payment, filing of claims with a court in the event of the merger,
          insolvency or bankruptcy of the Company or any of the Subsidiary Guarantors, and
          all demands whatsoever, (ii) acknowledges that any agreement, instrument or
          document evidencing the Guarantee may be transferred and that the benefit of its
          obligations hereunder shall extend to each holder of any agreement, instrument
          or document evidencing the Guarantee without notice to it and
          (iii) covenants that the Guarantee will not be discharged except by
          complete performance of the Guarantee. Each of the Subsidiary Guarantors further
          agrees that if at any time all or any part of any payment theretofore applied by
          any Person to the Guarantee is, or must be, rescinded or returned for any reason
          whatsoever, including without limitation, the insolvency, bankruptcy or
          reorganization of the Company or any of the Subsidiary Guarantors, the Guarantee
          shall, to the extent that such payment is or must be rescinded or returned, be
          deemed to have continued in existence notwithstanding such application, and the
          Guarantee shall continue to be effective or be reinstated, as the case may be,
          as though such application had not been made.

(f)       
          Each of the Subsidiary Guarantors shall be subrogated to all rights of the
          Holders and the Trustee against the Company in respect of any amounts paid by
          such Subsidiary Guarantor pursuant to the provisions of this Indenture,
          provided, however, that such Subsidiary Guarantor, shall not be entitled to
          enforce or to receive any payments arising out of, or based upon, such right of
          subrogation until all of the Debt Securities and the Guarantee shall have been
          paid in full or discharged.

Section
17.02. Execution and Delivery of Guarantee

To further
evidence the Guarantee set forth in Section 17.01, each of the Subsidiary Guarantors
hereby agrees that a notation relating to such Guarantee, substantially in the form
attached hereto as Annex A, shall be endorsed on each Debt Security entitled to the
benefits of the Guarantee authenticated and delivered by the Trustee and executed by
either manual or facsimile signature of an officer of Subsidiary Guarantor, or in the case
of a Subsidiary Guarantor that is a limited partnership, an officer of the general partner
of each Subsidiary Guarantor. Each of the Subsidiary Guarantors hereby agrees that the
Guarantee set forth in Section 14.01 shall remain in full force and effect
notwithstanding any failure to endorse on each Debt Security a notation relating to the
Guarantee. If any officer of the Subsidiary Guarantor, or in the case of a Subsidiary
Guarantor that is a limited partnership, any officer of the general partner of the
Subsidiary Guarantor, whose signature is on this Indenture or a Debt Security no longer
holds that office at the time the Trustee authenticates such Debt Security or at any time
thereafter, the Guarantee of such Debt Security shall be valid nevertheless. The delivery
of any Debt Security by the Trustee, after the authentication thereof hereunder, shall
constitute due delivery of the Guarantee set forth in this Indenture on behalf of the
Subsidiary Guarantors.

The
Trustee hereby accepts the trusts in this Indenture upon the terms and conditions herein
set forth.

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Section
17.03. Limitation on Subsidiary Guarantors Liability

Each
Subsidiary Guarantor and by its acceptance hereof each Holder of a Debt Security entitled
to the benefits of the Guarantee hereby confirms that it is the intention of all such
parties that the Guarantee by such Subsidiary Guarantor pursuant to its Guarantee not
constitute a fraudulent transfer or conveyance for purposes of any Federal or state law.
To effectuate the foregoing intention, the Holders of a Debt Security entitled to the
benefits of the Guarantee and the Subsidiary Guarantors hereby irrevocably agree that the
obligations of each Subsidiary Guarantor under its Guarantee shall be limited to the
maximum amount as will, after giving effect to all other contingent and fixed liabilities
of such Subsidiary Guarantor and to any collections from or payments made by or on behalf
of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary
Guarantor under its Guarantee, result in the obligations of such Subsidiary Guarantor
under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under
Federal or state law.

Section 17.04.    Release of Subsidiary Guarantors from Guarantee.

(a)       
          Notwithstanding any other provisions of this Indenture, the Guarantee of any
          Subsidiary Guarantor may be released upon the terms and subject to the
          conditions set forth in this Section 17.04. Provided that no Default shall
          have occurred and shall be continuing under this Indenture, any Guarantee
          incurred by a Subsidiary Guarantor pursuant to this Article Seventeen shall
          be unconditionally released and discharged (i) automatically upon (A) any
          sale, exchange or transfer, whether by way of merger or otherwise, to any Person
          that is not an Affiliate of the Company, of all of the Companys direct or
          indirect equity interests in, or all or substantially all the assets of, such
          Subsidiary Guarantor (provided such sale, exchange or transfer is not prohibited
          by this Indenture) or (B) the merger of such Subsidiary Guarantor into the
          Company or any other Subsidiary Guarantor or the liquidation and dissolution of
          such Subsidiary Guarantor (in each case to the extent not prohibited by this
          Indenture) or (ii) following delivery of a written notice of such release
          or discharge by the Company to the Trustee, upon the release or discharge of all
          guarantees by such Subsidiary Guarantor of any indebtedness of the Company for
          money borrowed other than obligations arising under this Indenture and any Debt
          Securities issued hereunder, except a discharge or release by or as a result of
          payment under such guarantees.

(b)       
          The Trustee shall deliver an appropriate instrument evidencing any release of a
          Subsidiary Guarantor from the Guarantee upon receipt of a written request of the
          Company accompanied by an Officers Certificate and an Opinion of Counsel
          to the effect that the Subsidiary Guarantor is entitled to such release in
          accordance with the provisions of this Indenture. Any Subsidiary Guarantor not
          so released remains liable for the full amount of principal of (and premium, if
          any, on) and interest on the Debt Securities entitled to the benefits of such
          Guarantee as provided in this Indenture, subject to the limitations of Section
          17.03.

Section
17.05. Subsidiary Guarantor Contribution

In
order to provide for just and equitable contribution among the Subsidiary Guarantors, the
Subsidiary Guarantors shall agree, inter se, that in the event any payment or distribution
is made by any Subsidiary Guarantor (a Funding Guarantor) under its Guarantee,
such Funding Guarantor shall be entitled to a contribution from each other Subsidiary
Guarantor (if any) in a pro rata amount based on the net assets of each Subsidiary
Guarantor (including the Funding Guarantor) for all payments, damages and expenses
incurred by that Funding Guarantor in discharging the Companys obligations with
respect to the Debt Securities or any other Subsidiary Guarantors obligations with
respect to its Guarantee.

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remainder of the page left intentionally blank]

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

| | Magnum Hunter Resources, Inc.ByName:     
Title:                   ____________________, as Trustee
 ByName:      Title:
| | ------------------------------------------------------------------------------------------------------------------------

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ANNEX A

NOTATION OF GUARANTEE

Each
of the Subsidiary Guarantors (which term includes any successor Person under the
Indenture), has fully, unconditionally and absolutely guaranteed, to the extent set forth
in the Indenture and subject to the provisions in the Indenture, the due and punctual
payment of the principal of, and premium, if any, and interest on the Debt Securities and
all other amounts due and payable under the Indenture and the Debt Securities by the
Company.

The
obligations of the Subsidiary Guarantors to the Holders of Debt Securities and to the
Trustee pursuant to the Guarantee and the Indenture are expressly set forth in
Article Seventeen of the Indenture, and reference is hereby made to the Indenture for
the precise terms of the Guarantee. Subsidiary Guarantors are subject to release under
circumstances set forth in the Indenture.

[Signatures of
Subsidiary Guarantors]

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