Indenture



  

 
 Exhibit 4.3 

PHILLIPS 66 
 as
Issuer 
 and 
 PHILLIPS 66 COMPANY 
 as Guarantor 

and 
 THE BANK OF
NEW YORK MELLON TRUST COMPANY, N.A. 
 as Trustee 

 
  

Indenture 
 Dated
as of March 12, 2012 
  
  

Debt Securities 
  

 
  







 PHILLIPS 66 
 RECONCILIATION AND TIE BETWEEN TRUST INDENTURE ACT OF 1939 
 AND INDENTURE, DATED AS
OF MARCH 12, 2012 
  
  

 

					
	 Section of Trust Indenture Act of 1939
	 	 Section(s) of Indenture

	 Section 310
	 	(a)(1)	 	7.10
		 	(a)(2)	 	7.10
		 	(a)(3)	 	Not Applicable
		 	(a)(4)	 	Not Applicable
		 	(a)(5)	 	7.10
		 	(b)	 	7.08, 7.10
	 Section 311
	 	(a)	 	7.11
		 	(b)	 	7.11
		 	(c)	 	Not Applicable
	 Section 312
	 	(a)	 	2.07
		 	(b)	 	11.03
		 	(c)	 	11.03
	 Section 313
	 	(a)	 	7.06
		 	(b)	 	7.06
		 	(c)	 	7.06
		 	(d)	 	7.06
	 Section 314
	 	(a)	 	4.03, 4.04
		 	(b)	 	Not Applicable
		 	(c)(1)	 	11.04
		 	(c)(2)	 	11.04
		 	(c)(3)	 	Not Applicable
		 	(d)	 	Not Applicable
		 	(e)	 	11.05
	 Section 315
	 	(a)	 	7.01(b)
		 	(b)	 	7.05
		 	(c)	 	7.01(a)
		 	(d)	 	7.01(c)
		 	(d)(1)	 	7.01(c)(1)
		 	(d)(2)	 	7.01(c)(2)
		 	(d)(3)	 	7.01(c)(3)
		 	(e)	 	6.11
	 Section 316
	 	(a)(1)(A)	 	6.05
		 	(a)(1)(B)	 	6.04
		 	(a)(2)	 	Not Applicable
		 	(a)(last sentence)	 	2.11
		 	(b)	 	6.07
	 Section 317
	 	(a)(1)	 	6.08


  
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		 	(a)(2)	 	6.09
		 	(b)	 	2.06
	 Section 318
	 	(a)	 	11.01

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

  
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 TABLE OF CONTENTS 

 

							
	 ARTICLE I
	  			
	 DEFINITIONS AND INCORPORATION BY REFERENCE
	  	 	1	  
	         SECTION 1.01
	  	Definitions	  	 	1	  
	         SECTION 1.02
	  	Other Definitions	  	 	7	  
	         SECTION 1.03
	  	Incorporation by Reference of Trust Indenture Act	  	 	7	  
	         SECTION 1.04
	  	Rules of Construction	  	 	8	  
	 ARTICLE II
	  		  			
	 THE SECURITIES
	  	 	8	  
	         SECTION 2.01
	  	Amount Unlimited; Issuable in Series	  	 	8	  
	         SECTION 2.02
	  	Denominations	  	 	11	  
	         SECTION 2.03
	  	Forms Generally	  	 	11	  
	         SECTION 2.04
	  	Execution, Authentication, Delivery and Dating	  	 	12	  
	         SECTION 2.05
	  	Registrar and Paying Agent	  	 	14	  
	         SECTION 2.06
	  	Paying Agent to Hold Money in Trust	  	 	14	  
	         SECTION 2.07
	  	Holder Lists	  	 	15	  
	         SECTION 2.08
	  	Transfer and Exchange	  	 	15	  
	         SECTION 2.09
	  	Replacement Securities	  	 	16	  
	         SECTION 2.10
	  	Outstanding Securities	  	 	16	  
	         SECTION 2.11
	  	Original Issue Discount, Foreign-Currency Denominated and Treasury Securities	  	 	16	  
	         SECTION 2.12
	  	Temporary Securities	  	 	17	  
	         SECTION 2.13
	  	Cancellation	  	 	17	  
	         SECTION 2.14
	  	Payments; Defaulted Interest	  	 	17	  
	         SECTION 2.15
	  	Persons Deemed Owners	  	 	18	  
	         SECTION 2.16
	  	Computation of Interest	  	 	18	  
	         SECTION 2.17
	  	Global Securities; Book-Entry Provisions	  	 	18	  
	         SECTION 2.18
	  	CUSIP Numbers	  	 	20	  
	 ARTICLE III
	  		  			
	 REDEMPTION
	  	 	21	  
	         SECTION 3.01
	  	Applicability of Article	  	 	21	  
	         SECTION 3.02
	  	Notice to the Trustee	  	 	21	  
	         SECTION 3.03
	  	Selection of Securities To Be Redeemed	  	 	21	  
	         SECTION 3.04
	  	Notice of Redemption	  	 	21	  
	         SECTION 3.05
	  	Effect of Notice of Redemption	  	 	22	  
	         SECTION 3.06
	  	Deposit of Redemption Price	  	 	22	  
	         SECTION 3.07
	  	Securities Redeemed or Purchased in Part	  	 	23	  
	         SECTION 3.08
	  	Purchase of Securities	  	 	23	  
	         SECTION 3.09
	  	Mandatory and Optional Sinking Funds	  	 	23	  
	         SECTION 3.10
	  	Satisfaction of Sinking Fund Payments with Securities	  	 	24	  
	         SECTION 3.11
	  	Redemption of Securities for Sinking Fund	  	 	24	  
	 ARTICLE IV
	  		  			
	 COVENANTS SECTION
	  	 	25	  
	         SECTION 4.01
	  	Payment of Securities	  	 	25	  
	         SECTION 4.02
	  	Maintenance of Office or Agency	  	 	25	  
	         SECTION 4.03
	  	SEC Reports; Financial Statements	  	 	26	  


  
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	         SECTION 4.04
	  	Compliance Certificate	  	 	26	  
	         SECTION 4.05
	  	Corporate Existence	  	 	27	  
	         SECTION 4.06
	  	Waiver of Stay, Extension or Usury Laws	  	 	27	  
	         SECTION 4.07
	  	Additional Amounts	  	 	27	  
	         SECTION 4.08
	  	Limitation on Liens	  	 	27	  
	         SECTION 4.09
	  	Limitation on Sale/Leaseback Transactions	  	 	28	  
	 ARTICLE V
	  		  			
	 SUCCESSORS SECTION
	  	 	29	  
	         SECTION 5.01
	  	Limitations on Mergers and Consolidations	  	 	29	  
	         SECTION 5.02
	  	Successor Person Substituted	  	 	29	  
	 ARTICLE VI
	  		  			
	 DEFAULTS AND REMEDIES SECTION
	  	 	30	  
	         SECTION 6.01
	  	Events of Default	  	 	30	  
	         SECTION 6.02
	  	Acceleration	  	 	32	  
	         SECTION 6.03
	  	Other Remedies	  	 	32	  
	         SECTION 6.04
	  	Waiver of Defaults	  	 	32	  
	         SECTION 6.05
	  	Control by Majority	  	 	33	  
	         SECTION 6.06
	  	Limitations on Suits	  	 	33	  
	         SECTION 6.07
	  	Rights of Holders to Receive Payment	  	 	33	  
	         SECTION 6.08
	  	Collection Suit by Trustee	  	 	34	  
	         SECTION 6.09
	  	Trustee May File Proofs of Claim	  	 	34	  
	         SECTION 6.10
	  	Priorities	  	 	34	  
	         SECTION 6.11
	  	Undertaking for Costs	  	 	35	  
	 ARTICLE VII
	  		  			
	 TRUSTEE SECTION
	  	 	35	  
	         SECTION 7.01
	  	Duties of Trustee	  	 	35	  
	         SECTION 7.02
	  	Rights of Trustee	  	 	36	  
	        SECTION 7.03	  	May Hold Securities	  	 	38	  
	         SECTION 7.04
	  	Trustee’s Disclaimer	  	 	38	  
	         SECTION 7.05
	  	Notice of Defaults	  	 	38	  
	         SECTION 7.06
	  	Reports by Trustee to Holders	  	 	38	  
	         SECTION 7.07
	  	Compensation and Indemnity	  	 	39	  
	         SECTION 7.08
	  	Replacement of Trustee	  	 	39	  
	         SECTION 7.09
	  	Successor Trustee by Merger, etc.	  	 	41	  
	         SECTION 7.10
	  	Eligibility; Disqualification	  	 	41	  
	         SECTION 7.11
	  	Preferential Collection of Claims Against the Company or the Guarantor	  	 	42	  
	 ARTICLE VIII
	  		  			
	 DISCHARGE OF INDENTURE
	  	 	42	  
	         SECTION 8.01
	  	Termination of the Company’s and the Guarantor’s Obligations	  	 	42	  
	         SECTION 8.02
	  	Application of Trust Money	  	 	46	  
	        SECTION 8.03	  	Repayment to Company or Guarantor	  	 	46	  
	         SECTION 8.04
	  	Reinstatement	  	 	46	  
	 ARTICLE IX
	  		  			
	 SUPPLEMENTAL INDENTURES AND AMENDMENTS
	  	 	47	  


  
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	         SECTION 9.01
	  	Without Consent of Holders	  	 	47	  
	         SECTION 9.02
	  	With Consent of Holders	  	 	48	  
	         SECTION 9.03
	  	Compliance with Trust Indenture Act	  	 	50	  
	         SECTION 9.04
	  	Revocation and Effect of Consents	  	 	50	  
	         SECTION 9.05
	  	Notation on or Exchange of Securities	  	 	50	  
	         SECTION 9.06
	  	Trustee to Sign Amendments, etc.	  	 	51	  
	 ARTICLE X
	  		  			
	 GUARANTEE
	  	 	51	  
	         SECTION 10.01
	  	Guarantee	  	 	51	  
	         SECTION 10.02
	  	Proceedings Against Guarantor	  	 	52	  
	         SECTION 10.03
	  	Subrogation	  	 	52	  
	        SECTION 10.04	  	Guarantee for Benefit of Holders	  	 	53	  
	         SECTION 10.05
	  	Effectiveness of Guarantee	  	 	53	  
	 ARTICLE XI
	  		  			
	 MISCELLANEOUS
	  	 	53	  
	         SECTION 11.01
	  	Trust Indenture Act Controls	  	 	53	  
	         SECTION 11.02
	  	Notices	  	 	53	  
	         SECTION 11.03
	  	Communication by Holders with Other Holders	  	 	55	  
	         SECTION 11.04
	  	Certificate and Opinion as to Conditions Precedent	  	 	55	  
	         SECTION 11.05
	  	Statements Required in Certificate or Opinion	  	 	55	  
	         SECTION 11.06
	  	Rules by Trustee and Agents	  	 	56	  
	         SECTION 11.07
	  	Legal Holidays	  	 	56	  
	         SECTION 11.08
	  	No Recourse Against Others	  	 	56	  
	         SECTION 11.09
	  	Governing Law; Waiver of Jury Trial	  	 	56	  
	        SECTION 11.10	  	No Adverse Interpretation of Other Agreements	  	 	56	  
	         SECTION 11.11
	  	Successors	  	 	56	  
	         SECTION 11.12
	  	Severability	  	 	57	  
	        SECTION 11.13	  	Counterpart Originals	  	 	57	  
	         SECTION 11.14
	  	Table of Contents, Headings, etc.	  	 	57	  


  
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 INDENTURE dated as of March 12, 2012 among Phillips 66, a Delaware corporation (the
“Company”), Phillips 66 Company, a Delaware corporation (the “Guarantor”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “Trustee”). 

Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of the
Company’s unsecured debentures, notes or other evidences of indebtedness (the “Securities”) to be issued from time to time in one or more series as provided in this Indenture: 

ARTICLE I 

DEFINITIONS AND INCORPORATION BY REFERENCE 
  

	SECTION 1.01	Definitions. 

 “Additional
Amounts” means any additional amounts required by the express terms of a Security or by or pursuant to a Board Resolution, under circumstances specified therein or pursuant thereto, to be paid by the Company or the Guarantor, as the case may
be, with respect to certain taxes, assessments or other governmental charges imposed on certain Holders and that are owing to such Holders. 
 “Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by, or under direct or indirect common control with, such specified Person. For
purposes of this definition, “control” of a Person shall mean the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise, and the
terms “controlling” and “controlled” shall have meanings correlative to the foregoing. 
 “Agent”
means any Registrar or Paying Agent. 
 “Attributable Debt,” when used with respect to any Sale/Leaseback Transaction,
means, as at the time of determination, the present value (discounted at the rate set forth or implicit in the terms of the lease included in such transaction) of the total obligations of the lessee for rental payments (other than amounts required
to be paid on account of taxes, maintenance, repairs, insurance, assessments, utilities, operating and labor costs and other items which do not constitute payments for property rights) during the remaining term of the lease included in such
Sale/Leaseback Transaction (including any period for which such lease has been extended). In the case of any lease which is terminable by the lessee upon the payment of a penalty, such net amount shall be the lesser of the net amount determined
assuming termination upon the first date such lease may be terminated (in which case the net amount shall also include the amount of the penalty, but no rent shall be considered as required to be paid under such lease subsequent to the first date
upon which it may be so terminated) or the net amount determined assuming no such termination. 
 “Bankruptcy Law”
means Title 11 of the United States Code or any similar federal, state or foreign law for the relief of debtors. 

  
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 “Board of Directors,” when used with reference to the Company or the Guarantor,
means the Board of Directors of the Company or the Guarantor, as the case may be, or any committee thereof duly authorized, with respect to any particular matter, to act by or on behalf of the Board of Directors of the Company or the Guarantor, as
the case may be. 
 “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant
Secretary of the Company or the Guarantor to have been duly adopted by the Board of Directors of the Company or the Guarantor, as the case may be, and to be in full force and effect on the date of such certification, and delivered to the Trustee.

 “Business Day” means any day that is not a Legal Holiday. 

“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; provided, however, that for purposes of any provision contained herein which is required by the TIA,
“Company” shall also mean each other obligor (if any), other than the Guarantor, on the Securities of a series. 

“Company Order” and “Company Request” mean, respectively, a written order or request signed in the name of the
Company by two Officers of the Company and, in the case of a Company Order pursuant to Section 2.01 or 2.04, in the name of the Guarantor by an Officer of the Guarantor, and delivered to the Trustee. 

“Consolidated Adjusted Net Assets” means the total amount of assets less (1) all current liabilities (excluding the amount
of those liabilities which are by their terms extendable or renewable at the option of the obligor to a date more than 12 months after the date as of which the amount is being determined and current maturities of long-term debt) and (2) total
prepaid expenses and deferred charges, all as set forth on the most recent quarterly balance sheet of the Company and its consolidated subsidiaries and determined in accordance with GAAP. 

“Corporate Trust Office of the Trustee” means the office of the Trustee located at 601 Travis Street,
16th Floor, Houston, Texas 77002, Attention: Corporate
Trust Administration, and as may be located at such other address as the Trustee may give notice to the Company and the Guarantor. 
 “Debt” means all notes, bonds, debentures or other similar evidences of debt for money borrowed. 
 “Default” means any event, act or condition that is, or after notice or the passage of time or both would be, an Event of Default. 

“Depositary” means, with respect to the Securities of any series issuable or issued in whole or in part in global form, the
Person specified pursuant to Section 2.01 hereof as the initial Depositary with respect to the Securities of such series, until a successor shall have been appointed and become such pursuant to the applicable provision of this Indenture, and
thereafter “Depositary” shall mean or include such successor. 

  
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 “Dollar” or “$” means a dollar or other equivalent unit in such coin or
currency of the United States as at the time shall be legal tender for the payment of public and private debt. 
 “Exchange
Act” means the Securities Exchange Act of 1934, as amended, and any successor statute. 
 “Funded Debt” means all
Debt (including Debt incurred under any revolving credit, letter of credit or working capital facility) that matures by its terms, or that is renewable at the option of any obligor thereon to a date, more than one year after the date on which such
Debt is originally incurred. 
 “GAAP” means generally accepted accounting principles in the United States 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 may be approved by a significant segment of the accounting profession of the United States, as in effect from time to time. 
 “Global Security” means a Security that is issued in global form in the name of the Depositary with respect thereto or its nominee. 

“Government Obligations” means, with respect to a series of Securities, direct obligations of the government that issues the
currency in which the Securities of the series are payable for the payment of which the full faith and credit of such government is pledged, or obligations of a Person controlled or supervised by and acting as an agency or instrumentality of such
government, the payment of which is unconditionally guaranteed as a full faith and credit obligation by such government. 

“Guarantee” shall mean the guarantee of the Company’s obligations under the Securities by the Guarantor as provided in
Article X. 
 “Guarantor” means the Person named as a “Guarantor” in the first paragraph of this instrument,
until a successor to such Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Guarantor” shall mean such successor Person. 

“Holder” means a Person in whose name a Security is registered. 

“Indenture” means this Indenture as amended or supplemented from time to time pursuant to the provisions hereof, and includes
the terms of a particular series of Securities established as contemplated by Section 2.01. 
 “interest” means,
when used with respect to an Original Issue Discount Security that by its terms bears interest only after Maturity, interest payable after Maturity. 
 “Interest Payment Date,” when used with respect to any Security, shall have the meaning assigned to such term in the Security as contemplated by Section 2.01. 

  
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 “Issue Date” means, with respect to Securities of a series, the date on which the
Securities of such series are originally issued under this Indenture. 
 “Legal Holiday” means a Saturday, a Sunday or
a day on which banking institutions in any of The City of New York, New York; Houston, Texas or a Place of Payment are authorized or obligated by law, regulation or executive order to remain closed. 

“Lien” means any mortgage, pledge, lien or security interest. 

“Maturity” means, with respect to any Security, the date on which the principal of such Security or an installment of principal
becomes due and payable as therein or herein provided, whether at the Stated Maturity thereof, or by declaration of acceleration, call for redemption or otherwise. 
 “Officer” means the Chairman of the Board, the President, any Vice Chairman of the Board, any Vice President, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Controller,
the Secretary or any Assistant Secretary of a Person. 
 “Officers’ Certificate” means a certificate signed by
two Officers of a Person and, in the case of an Officers’ Certificate of the Company pursuant to Section 2.01 or 2.04, by an Officer of the Guarantor that meets the requirements of Sections 11.04 and 11.05. 

“Opinion of Counsel” means a written opinion reasonably acceptable to the Trustee that meets the requirements of Sections 11.04
and 11.05. Such written opinion must be from legal counsel, and such counsel may be an employee of or counsel to the Company, the Guarantor or an Affiliate of the Company or the Guarantor. 

“Original Issue Discount Security” means any Security that provides for an amount less than the principal amount thereof to be
due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 6.02. 
 “Permitted
Liens” means: 
 (i) Liens existing on the date of first issuance of a series of Securities; 

(ii) Liens on property or assets of, or any shares of stock of, or other equity interests in, or Debt of, any Person existing at the time
such Person becomes a Subsidiary or a Principal Domestic Subsidiary or at the time such Person is merged into or consolidated with the Company or any Subsidiary or at the time of a sale, lease or other disposition of the properties of a Person (or a
division thereof) as an entirety or substantially as an entirety to the Company or a Subsidiary; 
 (iii) Liens on assets
(including improvements and accessions thereto and proceeds thereof) (a) existing at the time of acquisition thereof, (b) securing all or any portion of the cost of acquiring, constructing, improving, developing or expanding such assets or
(c) securing Debt incurred prior to, at the time of, or within 24 months after, the later of the acquisition, the completion of construction, improvement, development or expansion or the commencement of commercial operation of such assets, for
the purpose (in the case of this clause (c)) of (x) financing all or any part of the purchase price of such assets or (y) financing all or any part of the cost of construction, improvement, development or expansion of any such assets;


  
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 (iv) Liens in favor of the Company or any Subsidiary; 

(v) Liens securing industrial development, pollution control or other revenue bonds issued or guaranteed by the United States of America,
or any State, or any department, agency, instrumentality or political subdivision of either; 
 (vi) Liens on personal property,
other than shares of stock or Debt of any Principal Domestic Subsidiary, securing loans maturing not more than one year from the date of the creation thereof; 
 (vii) statutory liens or landlords’, carriers’, warehouseman’s, mechanics’, suppliers’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of
business and with respect to amounts not yet delinquent or being contested in good faith by appropriate proceedings; and 

(viii) any extensions, substitutions, replacements or renewals in whole or in part of a Lien enumerated in clauses (i) through
(vii) above or any Debt secured by such a Lien; provided that (a) such new Lien shall be limited to all or part of the same property that secured the original Lien, plus improvements on such property, and (b) the principal amount of
Debt secured by such Lien and not otherwise authorized by clauses (i) through (vii) above or otherwise permitted does not materially exceed the principal amount of Debt so secured plus any premium or fee payable in connection with any such
extension, substitution, replacement or renewal. 
 “Person” means any individual, corporation, partnership, limited
liability company, joint venture, incorporated or unincorporated association, joint stock company, trust, unincorporated organization or government or other agency, instrumentality or political subdivision thereof or other entity of any kind.

 “Place of Payment” means, with respect to the Securities of any series, the place or places where the principal of,
premium (if any) and interest on and any Additional Amounts with respect to the Securities of that series are payable as specified in accordance with Section 2.01 subject to the provisions of Section 4.02. 

“principal” of a Security means the principal of the Security plus, when appropriate, the premium, if any, on the Security.

 “Principal Domestic Subsidiary” means the Guarantor and any Subsidiary (i) that has substantially all of its
assets located in the United States, (ii) that owns a Principal Property and (iii) in which the Company’s direct or indirect capital investment, together with the outstanding balance of (a) any loans and advances made to such
Subsidiary by the Company or any other Subsidiary and (b) any debt of such Subsidiary guaranteed by the Company or any other Subsidiary, exceeds $100,000,000. 
 “Principal Property” means any refinery or manufacturing plant (excluding any transportation or marketing facilities or assets) located in the United States, in each case owned


  
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by the Company or a Subsidiary, except any refinery or plant that, in the opinion of the Board of Directors of the Company, is not of material importance to the total business conducted by the
Company and its consolidated subsidiaries. 
 “Redemption Date” means, with respect to any Security to be redeemed,
the date fixed for such redemption by or pursuant to this Indenture. 
 “Redemption Price” means, with respect to any
Security to be redeemed, the price at which it is to be redeemed pursuant to this Indenture. 
 “Responsible Officer”
means any officer within the corporate trust department of the Trustee, including any vice president, assistant vice president, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the
Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the
administration of this Indenture. 
 “Rule 144A Securities” means Securities of a series designated pursuant to
Section 2.01 as entitled to the benefits of Section 4.03(b). 
 “Sale/Leaseback Transaction” means any
arrangement with any Person pursuant to which the Company or any Subsidiary leases any Principal Property that has been or is to be sold or transferred by the Company or such Subsidiary to such Person, other than (1) temporary leases for a
term, including renewals at the option of the lessee, of not more than three years, (2) leases between the Company and a Subsidiary or between Subsidiaries, (3) leases of Principal Property executed by the time of, or within 12 months
after the latest of, the acquisition, the completion of construction or improvement, or the commencement of commercial operation of the Principal Property, and (4) arrangements pursuant to any provision of law with an effect similar to the
former Section 168(f)(8) of the Internal Revenue Code of 1954. 
 “SEC” means the Securities and Exchange
Commission. 
 “Securities” has the meaning stated in the preamble of this Indenture and more particularly means any
Securities authenticated and delivered under this Indenture. 
 “Security Custodian” means, with respect to Securities
of a series issued in global form, the Trustee for Securities of such series, as custodian with respect to the Securities of such series, or any successor entity thereto. 
 “Stated Maturity” means, when used with respect to any Security or any installment of principal thereof or interest thereon, the date specified in such Security as the fixed date on which the
principal of such Security or such installment of principal or interest is due and payable. 
 “Subsidiary” means a
Person at least a majority of the outstanding voting stock of which is owned, directly or indirectly, by the Company or by one or more other Subsidiaries, or by the Company and one or more other Subsidiaries. For the purposes of this definition,
“voting stock” means stock having voting power for the election of directors, whether at all times or only so long as no senior class of stock has such voting power by reason of any contingency. 

  
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 “TIA” means the Trust Indenture Act of 1939, as amended, as in effect on the date
hereof. 
 “Trustee” means the Person named as such above until a successor replaces it in accordance with the
applicable provisions of this Indenture, and thereafter “Trustee” means 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 Securities of any
series means the Trustee with respect to Securities of that series. 
 “United States” means the United States of
America (including the States and the District of Columbia) and its territories and possessions, which include Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands. 

“U.S. Government Obligations” means Government Obligations with respect to Securities payable in Dollars. 

 

	SECTION	1.02 Other Definitions. 

  

					
	 TERM
	  	DEFINED
IN SECTION	 
	 “Bankruptcy Custodian”
	  	 	6.01	  
	“Conversion Event”	  	 	6.01	  
	“covenant defeasance”	  	 	8.01	  
	“Event of Default”	  	 	6.01	  
	“Exchange Rate”	  	 	2.11	  
	“Judgment Currency”	  	 	6.10	  
	“legal defeasance”	  	 	8.01	  
	“mandatory sinking fund payment”	  	 	3.09	  
	“optional sinking fund payment”	  	 	3.09	  
	“Paying Agent”	  	 	2.05	  
	“Registrar”	  	 	2.05	  
	“Required Currency”	  	 	6.10	  
	“Successor”	  	 	5.01	  

  

	SECTION	1.03 Incorporation by Reference of Trust Indenture Act. 

 Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture (and if the Indenture is not qualified under the TIA at that time,
as if it were so qualified unless otherwise provided). The following TIA terms used in this Indenture have the following meanings: 
 “Commission” means the SEC. 
 “indenture securities” means the
Securities. 

  
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 “indenture security holder” means a Holder. 

“indenture to be qualified” means this Indenture. 
 “indenture trustee” or “institutional trustee” means the Trustee. 
 “obligor” on the indenture securities means the Company, the Guarantor or any other obligor on the Securities. 
 All terms used in this Indenture that are defined by the TIA, defined by a TIA reference to another statute or defined by an SEC rule under the TIA have the meanings so assigned to them. 

 

	SECTION	1.04 Rules of Construction. 


Unless the context otherwise requires: 
 (1) a term has the meaning assigned to it; 
 (2) an accounting term not otherwise
defined has the meaning assigned to it in accordance with GAAP; 
 (3) “or” is not exclusive; 

(4) words in the singular include the plural, and in the plural include the singular; 

(5) provisions apply to successive events and transactions; and 
 (6) all references in this instrument to Articles and Sections are references to the corresponding Articles and Sections in and of this instrument. 

ARTICLE II 
 THE
SECURITIES 
  

	SECTION	2.01 Amount Unlimited; Issuable in Series. 

 The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. 
 The Securities may be issued in one or more series. There shall be established in or pursuant to a Board Resolution of the Company, and set forth, or determined in the manner provided, in an
Officers’ Certificate of the Company or in a Company Order, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series: 

(1) the title of the Securities of the series (which shall distinguish the Securities of the series from the Securities of all other
series); 
 (2) if there is to be a limit, the limit upon the aggregate principal amount of the Securities of the series that
may be authenticated and delivered under this Indenture (except for 

  
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Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 2.08, 2.09, 2.12, 2.17, 3.07 or
9.05 and except for any Securities which, pursuant to Section 2.04 or 2.17, are deemed never to have been authenticated and delivered hereunder); provided, however, that unless otherwise provided in the terms of the series, the authorized
aggregate principal amount of such series may be increased before or after the issuance of any Securities of the series by a Board Resolution (or action pursuant to a Board Resolution) to such effect; 

(3) whether any Securities of the series are to be issuable initially in temporary global form and whether any Securities of the series
are to be issuable in permanent global form, as Global Securities or otherwise, and, if so, whether beneficial owners of interests in any such Global Security may exchange such interests for Securities of such series and of like tenor of any
authorized form and denomination and the circumstances under which any such exchanges may occur, if other than in the manner provided in Section 2.17, and the initial Depositary and Security Custodian, if any, for any Global Security or
Securities of such series; 
 (4) the manner in which any interest payable on a temporary Global Security on any Interest
Payment Date will be paid if other than in the manner provided in Section 2.14; 
 (5) the date or dates on which the
principal of and premium (if any) on the Securities of the series is payable or the method of determination thereof; 
 (6) the
rate or rates, or the method of determination thereof, at which the Securities of the series shall bear interest, if any, whether and under what circumstances Additional Amounts with respect to such Securities shall be payable, the date or dates
from which such interest shall accrue, the Interest Payment Dates on which such interest shall be payable and the record date for the interest payable on any Securities on any Interest Payment Date, or if other than provided herein, the Person to
whom any interest on Securities of the series shall be payable; 
 (7) the place or places where, subject to the provisions of
Section 4.02, the principal of, premium (if any) and interest on and any Additional Amounts with respect to the Securities of the series shall be payable; 
 (8) the period or periods within which, the price or prices (whether denominated in cash, securities or otherwise) at which and the terms and conditions upon which Securities of the series may be
redeemed, in whole or in part, at the option of the Company, if the Company is to have that option, and the manner in which the Company must exercise any such option, if different from those set forth herein; 

(9) the period or periods within which, the price or prices (whether denominated in cash, securities or otherwise) at which and the terms
and conditions upon which Securities of the series are required to be redeemed by the Company, in whole or in part, and the manner in which the Company must redeem such Securities; 

(10) the obligation, if any, of the Company to redeem, purchase or repay Securities of the series pursuant to any sinking fund or
analogous provisions or at the option of a Holder thereof and the period or periods within which, the price or prices (whether denominated in cash, securities or otherwise) at which and the terms and conditions upon which Securities of the series
shall be redeemed, purchased or repaid in whole or in part pursuant to such obligation; 

  
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 (11) if other than denominations of $2,000 and any integral multiple of $1,000 in excess
thereof, the denomination in which any Securities of that series shall be issuable; 
 (12) if other than Dollars, the currency
or currencies (including composite currencies) or the form, including equity securities, other debt securities (including Securities), warrants or any other securities or property of the Company, the Guarantor or any other Person, in which payment
of the principal of, premium (if any) and interest on and any Additional Amounts with respect to the Securities of the series shall be payable; 
 (13) if the principal of, premium (if any) or interest on or any Additional Amounts with respect to the Securities of the series are to be payable, at the election of the Company or a Holder thereof, in a
currency or currencies (including composite currencies) other than that in which the Securities are stated to be payable, the currency or currencies (including composite currencies) in which payment of the principal of, premium (if any) and interest
on and any Additional Amounts with respect to Securities of such series as to which such election is made shall be payable, and the periods within which and the terms and conditions upon which such election is to be made; 

(14) if the amount of payments of principal of, premium (if any) and interest on and any Additional Amounts with respect to the
Securities of the series may be determined with reference to any commodities, currencies or indices, values, rates or prices or any other index or formula, the manner in which such amounts shall be determined; 

(15) if other than the entire principal amount thereof, the portion of the principal amount of Securities of the series that shall be
payable upon declaration of acceleration of the Maturity thereof pursuant to Section 6.02; 
 (16) any additional means of
satisfaction and discharge of this Indenture and any additional conditions or limitations to discharge with respect to Securities of the series and the related Guarantees pursuant to Article VIII or any modifications of or deletions from such
conditions or limitations; 
 (17) any deletions or modifications of or additions to the Events of Default set forth in
Section 6.01 or covenants of the Company or the Guarantor set forth in Article IV pertaining to the Securities of the series; 
 (18) any restrictions or other provisions with respect to the transfer or exchange of Securities of the series, which may amend, supplement, modify or supersede those contained in this Article II;

 (19) if the Securities of the series are to be convertible into or exchangeable for capital stock, other debt securities
(including Securities), warrants, other equity securities or any other securities or property of the Company, the Guarantor or any other Person, at the option of the Company or the Holder or upon the occurrence of any condition or event, the terms
and conditions for such conversion or exchange; 

  
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 (20) whether the Securities of the series are to be entitled to the benefit of
Section 4.03(b) (and accordingly constitute Rule 144A Securities); and 
 (21) any other terms of the series (which terms
shall not be prohibited by the provisions of this Indenture). 
 All Securities of any one series shall be substantially
identical except as to denomination and except as may otherwise be provided in or pursuant to the Board Resolution referred to above and (subject to Section 2.03) set forth, or determined in the manner provided, in the Officers’
Certificate or Company Order referred to above or in any such indenture supplemental hereto. 
 If any of the terms of the
series are established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action, together with such Board Resolution, shall be set forth in an Officers’ Certificate or 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 or Company Order setting forth the terms of the series. 

 

	SECTION	2.02 Denominations. 

 The
Securities of each series shall be issuable in such denominations as shall be specified as contemplated by Section 2.01. In the absence of any such provisions with respect to the Securities of any series, the Securities of such series
denominated in Dollars shall be issuable in denominations of $2,000 and any integral multiple of $1,000 in excess thereof. 
  

	SECTION	2.03 Forms Generally. 

 The
Securities of each series shall be in fully registered form and in substantially such form or forms (including temporary or permanent global form) established by or pursuant to a Board Resolution of the Company or in one or more indentures
supplemental hereto. The Securities may have notations, legends or endorsements required by law, securities exchange rule, the Company’s certificate of incorporation, bylaws or other similar governing documents, agreements to which the Company
is subject, if any, or usage (provided that any such notation, legend or endorsement is in a form acceptable to the Company). A copy of the Board Resolution establishing the form or forms of Securities of any series shall be delivered to the Trustee
at or prior to the delivery of the Company Order contemplated by Section 2.04 for the authentication and delivery of such Securities. 
 The definitive Securities of each series shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the Officers executing such
Securities, as evidenced by their execution thereof. 

  
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 The Trustee’s certificate of authentication shall be in substantially the following
form: 
 “This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.

  

			
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
		
	By:	 	 
		 	Authorized Signatory”.


  

	SECTION	2.04 Execution, Authentication, Delivery and Dating. 

 Two Officers of the Company shall sign the Securities on behalf of the Company and, with respect to the Guarantees of the Securities, an Officer of the Guarantor shall sign the Securities on behalf of the
Guarantor, in each case by manual or facsimile signature. 
 If an Officer of the Company or the Guarantor whose signature is on
a Security no longer holds that office at the time the Security is authenticated, the Security shall be valid nevertheless. 
 A
Security shall not be entitled to any benefit under this Indenture or the related Guarantees or be valid or obligatory for any purpose until authenticated by the manual signature of an authorized signatory of the Trustee, which signature shall be
conclusive evidence that the Security has been authenticated under this Indenture. Notwithstanding the foregoing, if any Security has been authenticated and delivered hereunder but never issued and sold by the Company, and the Company delivers such
Security to the Trustee for cancellation as provided in Section 2.13, together with an Officers’ Certificate (which need not comply with Section 11.05 and need not be accompanied by an Opinion of Counsel) stating that such Security
has never been issued and sold by the Company, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture or the related
Guarantee. 
 At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver
Securities of any series executed by the Company and the Guarantor to the Trustee for authentication, and the Trustee shall authenticate and deliver such Securities for original issue upon a Company Order for the authentication and delivery of such
Securities or pursuant to such procedures acceptable to the Trustee as may be specified from time to time by Company Order. Such order shall specify the amount of the Securities to be authenticated, the date on which the original issue of Securities
is to be authenticated, the name or names of the initial Holder or Holders and any other terms of the Securities of such series not otherwise determined. If provided for in such procedures, such Company Order may authorize (1) authentication
and delivery of Securities of such series for original issue from time to time, with certain terms (including, without limitation, the Maturity dates or dates, original issue date or dates and interest rate or rates) that differ from Security to
Security and (2) may authorize authentication and delivery pursuant to oral or electronic instructions from the Company or its duly authorized agent, which instructions shall be promptly confirmed in writing. 

In authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities, the
Trustee shall be entitled to receive (in addition to the 

  
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Company Order referred to above and the other documents required by Section 11.04), and (subject to Section 7.01) shall be fully protected in relying upon: 

(a) a copy of the Board Resolutions pursuant to which the terms and form of the Securities were established, 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 as of the date of such certificate, and if the terms and form of such Securities are established by an Officers’
Certificate pursuant to general authorization of the Board of Directors, such Officers’ Certificate; 
 (b) an executed
supplemental indenture, if any; 
 (c) an Officers’ Certificate delivered in accordance with Sections 11.04 and 11.05; and

 (d) an Opinion of Counsel to the effect that: 

(i) the form of such Securities has been established in conformity with the provisions of this Indenture; 

(ii) the terms of such Securities have been established in conformity with the provisions of this Indenture; 

(iii) when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any
conditions specified in such Opinion of Counsel, such Securities and the related Guarantees will constitute valid and binding obligations of the Company and the Guarantor, respectively, enforceable against the Company and the Guarantor,
respectively, in accordance with their respective terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other similar laws in effect from time to time
affecting the rights of creditors generally, and the application of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); and 

(iv) all conditions precedent to the authentication and delivery of the Securities and, if applicable, the execution of
the supplemental indenture, have been complied with. 
 If all the Securities of any series are not to be issued at one time, it
shall not be necessary to deliver an Officers’ Certificate and Opinion of Counsel at the time of issuance of each such Security, but such Officers’ Certificate and Opinion of Counsel shall be delivered at or before the time of issuance of
the first Security of the series to be issued. 
 The Trustee shall not be required to authenticate such Securities if the
issuance of such Securities pursuant to this Indenture would affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner not reasonably acceptable to the Trustee. 

  
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 The Trustee may appoint an authenticating agent acceptable to the Company to authenticate
Securities. Unless limited by the terms of such appointment, an authenticating agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent.
An authenticating agent has the same rights as an Agent to deal with the Company, the Guarantor or an Affiliate of the Company or the Guarantor. 
 Each Security shall be dated the date of its authentication. 
  

	SECTION	2.05 Registrar and Paying Agent. 


The Company shall maintain an office or agency for each series of Securities where Securities of such series may be presented for
registration of transfer or exchange (“Registrar”) and an office or agency where Securities of such series may be presented for payment (“Paying Agent”). The Registrar shall keep a register of the Securities of such series and of
their transfer and exchange. The Company may appoint one or more co-registrars and one or more additional paying agents. The term “Registrar” includes any co-registrar and the term “Paying Agent” includes any additional paying
agent. 
 The Company shall enter into an appropriate agency agreement with any Registrar or Paying Agent not a party to this
Indenture. The agreement shall implement the provisions of this Indenture that relate to such Agent. The Company shall notify the Trustee of the name and address of any Agent not a party to this Indenture. The Company may change any Paying Agent or
Registrar without notice to any Holder. If the Company fails to appoint or maintain another entity as Registrar or Paying Agent, the Trustee shall act as such. The Company, the Guarantor or any Subsidiary may act as Paying Agent or Registrar.

 The Company initially appoints the Trustee as Registrar and Paying Agent. 

 

	SECTION	2.06 Paying Agent to Hold Money in Trust. 

 The Company shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent
for the payment of principal of, premium, if any, or interest on or any Additional Amounts with respect to Securities and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee
may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed. Upon
payment over to the Trustee and upon accounting for any funds disbursed, the Paying Agent (if other than the Company, the Guarantor or a Subsidiary) shall have no further liability for the money. If the Company, the Guarantor or a Subsidiary acts as
Paying Agent, it shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Each Paying Agent shall otherwise comply with TIA Section 317(b). 

  
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	SECTION	2.07 Holder Lists. 

 The Trustee
shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of Holders and shall otherwise comply with TIA Section 312(a). If the Trustee is not the Registrar with respect to
a series of Securities, the Company shall furnish to the Trustee at least five Business Days before each Interest Payment Date with respect to such series of Securities, and at such other times as the Trustee may request in writing, a list in such
form and as of such date as the Trustee may reasonably require of the names and addresses of Holders of such series, and the Company shall otherwise comply with TIA Section 312(a). 

 

	SECTION	2.08 Transfer and Exchange. 


Except as set forth in Section 2.17 or as may be provided pursuant to Section 2.01: 

When Securities of any series are presented to the Registrar with the request to register the transfer of such Securities or to exchange
such Securities for an equal principal amount of Securities of the same series of like tenor and of other authorized denominations, the Registrar shall register the transfer or make the exchange as requested if its requirements and the requirements
of this Indenture for such transactions are met; provided, however, that the Securities presented or surrendered for registration of transfer or exchange shall be duly endorsed or accompanied by a written instruction of transfer in form reasonably
satisfactory to the Registrar duly executed by the Holder thereof or by his attorney, duly authorized in writing, on which instruction the Registrar can rely. 
 To permit registrations of transfers and exchanges, the Company and the Guarantor shall execute and the Trustee shall authenticate Securities at the Registrar’s written request and submission of the
Securities or Global Securities. No service charge shall be made to a Holder for any registration of transfer or exchange (except as otherwise expressly permitted herein), but the Company may require payment of a sum sufficient to cover any transfer
tax or similar governmental charge payable in connection therewith (other than such transfer tax or similar governmental charge payable upon exchanges pursuant to Section 2.12, 3.07 or 9.05). The Trustee shall authenticate Securities in
accordance with the provisions of Section 2.04. Notwithstanding any other provisions of this Indenture to the contrary, the Company shall not be required to register the transfer or exchange of (a) any Security selected for redemption in
whole or in part pursuant to Article III, except the unredeemed portion of any Security being redeemed in part, or (b) any Security during the period beginning 15 Business Days prior to the mailing of notice of any offer to repurchase
Securities of the series required pursuant to the terms thereof or of redemption of Securities of a series to be redeemed and ending at the close of business on the day of mailing. 

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

  
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	SECTION	2.09 Replacement Securities. 

 If
any mutilated Security is surrendered to the Trustee, or if the Holder of a Security claims that the Security has been destroyed, lost or stolen and the Company and the Trustee receive evidence to their satisfaction of the destruction, loss or theft
of such Security, the Company shall issue, the Guarantor shall execute and the Trustee shall authenticate a replacement Security of the same series if the Trustee’s requirements are met. If any such mutilated, destroyed, lost or stolen Security
has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. If required by the Trustee, the Guarantor or the Company, such Holder must furnish an indemnity bond that is
sufficient in the judgment of the Trustee and the Company to protect the Company, the Guarantor, the Trustee, any Agent or any authenticating agent from any loss that any of them may suffer if a Security is replaced. The Company and the Trustee may
charge a Holder for their expenses in replacing a Security. 
 Every replacement Security is an additional obligation of the
Company. 
  

	SECTION	2.10 Outstanding Securities. 


The Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it, those
delivered to it for cancellation, those reductions in the interest in a Global Security effected by the Trustee hereunder and those described in this Section 2.10 as not outstanding. 

If a Security is replaced pursuant to Section 2.09, it ceases to be outstanding unless the Trustee receives proof satisfactory to it
that the replaced Security is held by a bona fide purchaser. 
 If the principal amount of any Security is considered paid under
Section 4.01, it ceases to be outstanding and interest on it ceases to accrue. 
 A Security does not cease to be
outstanding because the Company, the Guarantor or an Affiliate of the Company or the Guarantor holds the Security. 
  

	SECTION	2.11 Original Issue Discount, Foreign-Currency Denominated and Treasury Securities. 


In determining whether the Holders of the required principal amount of Securities have concurred in any direction, amendment, supplement,
waiver or consent, (a) the principal amount of an Original Issue Discount Security shall be the principal amount thereof that would be due and payable as of the date of such determination upon acceleration of the Maturity thereof pursuant to
Section 6.02, (b) the principal amount of a Security denominated in a foreign currency shall be the Dollar equivalent, as determined by the Company by reference to the noon buying rate in The City of New York for cable transfers for such
currency, as such rate is certified for customs purposes by the Federal Reserve Bank of New York (the “Exchange Rate”) 

  
 -16-









 
on the date of original issuance of such Security, of the principal amount (or, in the case of an Original Issue Discount Security, the Dollar equivalent, as determined by the Company by
reference to the Exchange Rate on the date of original issuance of such Security, of the amount determined as provided in (a) above), of such Security and (c) Securities owned by the Company, the Guarantor or any other obligor upon the
Securities or any Affiliate of the Company, of the Guarantor or of such other obligor shall be disregarded, except that, for the purpose of determining whether the Trustee shall be protected in relying upon any such direction, amendment, supplement,
waiver or consent, only Securities that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. 
  

	SECTION	2.12 Temporary Securities. 


Until definitive Securities of any series are ready for delivery, the Company may prepare, the Company and the Guarantor shall execute and
the Trustee shall authenticate temporary Securities. Temporary Securities shall be substantially in the form of definitive Securities, but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable
delay, the Company shall prepare, the Company and the Guarantor shall execute and the Trustee shall authenticate definitive Securities in exchange for temporary Securities. Until so exchanged, the temporary Securities shall in all respects be
entitled to the same benefits under this Indenture as definitive Securities. 
  

	SECTION	2.13 Cancellation. 

 The Company
or the Guarantor at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any Securities surrendered to them for registration of transfer, exchange, payment or redemption or
for credit against any sinking fund payment. The Trustee shall cancel all Securities surrendered for registration of transfer, exchange, payment, redemption, replacement or cancellation or for credit against any sinking fund. Unless the Company
shall direct in writing that canceled Securities be returned to it, after written notice to the Company all canceled Securities held by the Trustee shall be disposed of in accordance with the usual disposal procedures of the Trustee, and the Trustee
shall maintain a record of their disposal. The Company may not issue new Securities to replace Securities that have been paid or that have been delivered to the Trustee for cancellation. 

 

	SECTION	2.14 Payments; Defaulted Interest. 

 Unless otherwise provided as contemplated by Section 2.01, interest (except defaulted interest) on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment
Date shall be paid to the Persons who are registered Holders of that Security at the close of business on the record date next preceding such Interest Payment Date, even if such Securities are canceled after such record date and on or before such
Interest Payment Date. The Holder must surrender a Security to a Paying Agent to collect principal payments. Unless otherwise provided with respect to the Securities of any series, the Company will pay the principal of, premium (if any) and interest
on and any Additional Amounts with respect to the Securities in Dollars. Such amounts shall be payable at the offices of the Trustee or any Paying Agent, provided that at the option of the Company, the Company may pay such amounts (1) by wire
transfer with respect to Global Securities or (2) by wire transfer or check payable in such money mailed to a Holder’s registered address with respect to any Securities. 

  
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 If the Company defaults in a payment of interest on the Securities of any series, the
Company shall pay the defaulted interest in any lawful manner plus, to the extent lawful, interest on the defaulted interest, in each case at the rate provided in the Securities of such series and in Section 4.01. The Company may pay the
defaulted interest to the Persons who are Holders on a subsequent special record date. At least 15 days before any special record date selected by the Company, the Company (or the Trustee, in the name of and at the expense of the Company upon 20
days’ prior written notice from the Company setting forth such special record date and the interest amount to be paid) shall mail to Holders a notice that states the special record date, the related payment date and the amount of such interest
to be paid. 
  

	SECTION	2.15 Persons Deemed Owners. 

 The
Company, the Guarantor, the Trustee, any Agent and any authenticating agent may treat the Person in whose name any Security is registered as the owner of such Security for the purpose of receiving payments of principal of, premium (if any) or
interest on or any Additional Amounts with respect to such Security and for all other purposes. None of the Company, the Guarantor, the Trustee, any Agent or any authenticating agent shall be affected by any notice to the contrary. 

 

	SECTION	2.16 Computation of Interest. 


Except as otherwise specified as contemplated by Section 2.01 for Securities of any series, interest on the Securities of each series
shall be computed on the basis of a year comprising twelve 30-day months. 
  

	SECTION	2.17 Global Securities; Book-Entry Provisions. 

 If Securities of a series are issuable in global form as a Global Security, as contemplated by Section 2.01, then, notwithstanding clause (11) of Section 2.01 and the provisions of
Section 2.02, any such Global Security shall represent such of the outstanding Securities of such series as shall be specified therein and may provide that it shall represent the aggregate amount of outstanding Securities from time to time
endorsed thereon and that the aggregate amount of outstanding Securities represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges, transfers or redemptions. Any endorsement of a Global Security to
reflect the amount, or any increase or decrease in the amount, of outstanding Securities represented thereby shall be made by the Trustee (i) in such manner and upon instructions given by such Person or Persons as shall be specified in such
Security or in a Company Order to be delivered to the Trustee pursuant to Section 2.04 or (ii) otherwise in accordance with written instructions or such other written form of instructions as is customary for the Depositary for such
Security, from such Depositary or its nominee on behalf of any Person having a beneficial interest in such Global Security. Subject to the provisions of Section 2.04 and, if applicable, Section 2.12, the Trustee shall deliver and redeliver
any Security in permanent global form in the manner and upon instructions given by the Person or Persons specified in such Security or in the applicable Company Order. With respect to the Securities of


  
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any series that are represented by a Global Security, the Company and the Guarantor authorize the execution and delivery by the Trustee of a letter of representations or other similar agreement
or instrument in the form customarily provided for by the Depositary appointed with respect to such Global Security. Any Global Security may be deposited with the Depositary or its nominee, or may remain in the custody of the Trustee or the Security
Custodian therefor pursuant to a FAST Balance Certificate Agreement or similar agreement between the Trustee and the Depositary. If a Company Order has been, or simultaneously is, delivered, any instructions by the Company with respect to
endorsement or delivery or redelivery of a Security in global form shall be in writing but need not comply with Section 11.05 and need not be accompanied by an Opinion of Counsel. 

Members of, or participants in, the Depositary (“Agent Members”) shall have no rights under this Indenture with respect to any
Global Security held on their behalf by the Depositary, or the Trustee or the Security Custodian as its custodian, or under such Global Security, and the Depositary may be treated by the Company, the Guarantor, the Trustee or the Security Custodian
and any agent of the Company, the Guarantor, the Trustee or the Security Custodian as the absolute owner of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, (i) the registered holder of a Global Security of a
series may grant proxies and otherwise authorize any Person, including Agent Members and Persons that may hold interests through Agent Members, to take any action that a Holder of Securities of such series is entitled to take under this Indenture or
the Securities of such series and (ii) nothing herein shall prevent the Company, the Guarantor, the Trustee or the Security Custodian, or any agent of the Company, the Guarantor, the Trustee or the Security Custodian, from giving effect to any
written certification, proxy or other authorization furnished by the Depositary or shall impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a beneficial owner of any
Security. 
 Notwithstanding Section 2.08, and except as otherwise provided pursuant to Section 2.01: Transfers of a
Global Security shall be limited to transfers of such Global Security in whole, but not in part, to the Depositary, its successors or their respective nominees. Interests of beneficial owners in a Global Security may be transferred in accordance
with the rules and procedures of the Depositary. Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in a Global Security if, and only if, either (1) the Depositary notifies the Company that it is
unwilling or unable to continue as Depositary for the Global Security and a successor Depositary is not appointed by the Company within 90 days of such notice, (2) an Event of Default has occurred with respect to such series and is continuing
and the Registrar has received a request from the Depositary to issue Securities in lieu of all or a portion of the Global Security (in which case the Company shall deliver Securities within 30 days of such request) or (3) the Company
determines not to have the Securities represented by a Global Security. 
 In connection with any transfer of a portion of the
beneficial interests in a Global Security to beneficial owners pursuant to this Section 2.17, the Registrar shall reflect on its books and records the date and a decrease in the principal amount of the Global Security in an amount equal to the
principal amount of the beneficial interests in the Global Security to be transferred, and the Company and the Guarantor shall execute, and the Trustee upon receipt of a Company Order for the authentication and delivery of Securities shall
authenticate and deliver, one or more Securities of the same series of like tenor and amount. 

  
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 In connection with the transfer of all the beneficial interests in a Global Security to
beneficial owners pursuant to this Section 2.17, the Global Security shall be deemed to be surrendered to the Trustee for cancellation, and the Company and the Guarantor shall execute, and the Trustee shall authenticate and deliver, to each
beneficial owner identified by the Depositary in exchange for its beneficial interests in the Global Security, an equal aggregate principal amount of Securities of authorized denominations. 

Neither the Company, the Guarantor nor the Trustee will have any responsibility or liability for any aspect of the records relating to,
or payments made on account of, Securities by the Depositary, or for maintaining, supervising or reviewing any records of the Depositary relating to such Securities. Neither the Company, the Guarantor nor the Trustee shall be liable for any delay by
the related Global Security Holder or the Depositary in identifying the beneficial owners, and each such Person may conclusively rely on, and shall be protected in relying on, instructions from such Global Security Holder or the Depositary for all
purposes (including with respect to the registration and delivery, and the respective principal amounts, of the Securities to be issued). 
 The provisions of the last sentence of the third paragraph of Section 2.04 shall apply to any Global Security if such Global Security was never issued and sold by the Company and the Company or the
Guarantor delivers to the Trustee the Global Security together with an Officers’ Certificate (which need not comply with Section 11.05 and need not be accompanied by an Opinion of Counsel) with regard to the cancellation or reduction in
the principal amount of Securities represented thereby, together with the written statement contemplated by the last sentence of the third paragraph of Section 2.04. 
 Notwithstanding the provisions of Sections 2.03 and 2.14, unless otherwise specified as contemplated by Section 2.01, payment of principal of, premium (if any) and interest on and any Additional
Amounts with respect to any Global Security shall be made to the Person or Persons specified therein. 
 Neither the Trustee nor
any Agent shall have any responsibility for any actions taken or not taken by the Depositary. 
  

	SECTION	2.18 CUSIP Numbers. 

 The Company
in issuing the Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” 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 correctness of such numbers either as printed on the 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
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” numbers of the Securities. 

  
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 ARTICLE III 
 REDEMPTION 
  

	SECTION	3.01 Applicability of Article. 


Securities of any series that are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except
as otherwise specified as contemplated by Section 2.01 for Securities of any series) in accordance with this Article III. 
  

	SECTION	3.02 Notice to the Trustee. 

 If
the Company elects to redeem Securities of any series pursuant to this Indenture, it shall notify the Trustee of the Redemption Date and the principal amount of Securities of such series to be redeemed. The Company shall so notify the Trustee at
least 45 days before the Redemption Date (unless a shorter notice shall be satisfactory to the Trustee) by delivering to the Trustee an Officers’ Certificate stating that such redemption will comply with the provisions of this Indenture and of
the Securities of such series. Any such notice may be canceled at any time prior to the mailing of such notice of such redemption to any Holder and shall thereupon be void and of no effect. 

 

	SECTION	3.03 Selection of Securities To Be Redeemed. 

 If less than all the Securities of any series are to be redeemed (unless all of the Securities of such series of a specified tenor are to be redeemed), the particular Securities to be redeemed shall be
selected not more than 60 days prior to the Redemption Date by the Trustee from the outstanding Securities of such series (and tenor) not previously called for redemption, either by lot or by such other method as determined by applicable Depositary
procedures and that may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities of that series or any integral multiple thereof) of the principal amount of Securities of such series of a
denomination larger than the minimum authorized denomination for Securities of that series or of the principal amount of Global Securities of such series. 
 The Trustee shall promptly notify the Company and the Registrar in writing of the Securities selected for redemption and, in the case of any Securities selected for partial redemption, the principal
amount thereof to be redeemed. 
 For purposes of this Indenture, unless the context otherwise requires, all provisions relating
to redemption of Securities shall relate, in the case of any of the Securities redeemed or to be redeemed only in part, to the portion of the principal amount thereof which has been or is to be redeemed. 

 

	SECTION	3.04 Notice of Redemption. 


Notice of redemption shall be given by first-class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the
Redemption Date (except in the case of any series of Securities initially issued on or prior to March 31, 2012, in which case notice of any mandatory redemption may be given not less than 5 Business Days prior to the mandatory redemption
date 

  
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as set forth in the Officers’ Certificate, Company Order or indenture supplemental hereto establishing the terms of such series of Securities), to each Holder of Securities to be redeemed,
at the address of such Holder appearing in the register of Securities maintained by the Registrar. 
 All notices of redemption
shall identify the Securities to be redeemed and shall state: 
 (1) the Redemption Date; 

(2) the Redemption Price; 
 (3) that, unless the Company and the Guarantor default in making the redemption payment, interest on Securities called for redemption ceases to accrue on and after the Redemption Date, and the only
remaining right of the Holders of such Securities is to receive payment of the Redemption Price upon surrender to the Paying Agent of the Securities redeemed; 
 (4) if any Security is to be redeemed in part, the portion of the principal amount thereof to be redeemed and that on and after the Redemption Date, upon surrender for cancellation of such Security to the
Paying Agent, a new Security or Securities in the aggregate principal amount equal to the unredeemed portion thereof will be issued without charge to the Holder; 
 (5) that Securities called for redemption must be surrendered to the Paying Agent to collect the Redemption Price and the name and address of the Paying Agent; 

(6) that the redemption is for a sinking or analogous fund, if such is the case; and 

(7) the CUSIP number, if any, relating to such Securities, along with the statement in Section 2.18. 

Notice of redemption of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company’s
written request, by the Trustee in the name and at the expense of the Company. 
  

	SECTION	3.05 Effect of Notice of Redemption. 

 Once notice of redemption is mailed, Securities called for redemption become due and payable on the Redemption Date and at the Redemption Price. Upon surrender to the Paying Agent, such Securities called
for redemption shall be paid at the Redemption Price, but interest installments whose maturity is on or prior to such Redemption Date will be payable on the relevant Interest Payment Dates to the Holders of record at the close of business on the
relevant record dates specified pursuant to Section 2.01. 
  

	SECTION	3.06 Deposit of Redemption Price. 


On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Company or the Guarantor shall deposit with the Trustee or the
Paying Agent (or, if the Company or the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) 

  
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an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional
Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Company or the Guarantor to the Trustee
for cancellation. 
 If the Company or the Guarantor complies with the preceding paragraph, then, unless the Company and the
Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such
Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for
redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the
Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity. 
  

	SECTION	3.07 Securities Redeemed or Purchased in Part. 

 Upon surrender to the Paying Agent of a Security to be redeemed in part, the Company and the Guarantor shall execute and the Trustee shall authenticate and deliver to the Holder of such Security without
service charge to such Holder, upon delivery of a Company Order and an Officers’ Certificate and Opinion of Counsel pursuant to Sections 11.04 and 11.05, a new Security or Securities, of the same series and 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 Security so surrendered that is not redeemed. 

 

	SECTION	3.08 Purchase of Securities. 


Unless otherwise specified as contemplated by Section 2.01, the Company, the Guarantor and any Affiliate of the Company or the
Guarantor may, subject to applicable law, at any time purchase or otherwise acquire Securities in the open market or by private agreement. Any such acquisition shall not operate as or be deemed for any purpose to be a redemption of the indebtedness
represented by such Securities. Any Securities purchased or acquired by the Company or the Guarantor may be delivered to the Trustee and, upon such delivery, the indebtedness represented thereby shall be deemed to be satisfied. Section 2.13
shall apply to all Securities so delivered. 
  

	SECTION	3.09 Mandatory and Optional Sinking Funds. 

 The minimum amount of any sinking fund payment provided for by the terms of 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 Securities of any series is herein referred to as an “optional sinking fund payment.” Unless otherwise provided by the terms of Securities of any series, the cash amount of any sinking fund
payment may be subject to reduction as provided in Section 3.10. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series and by this Article III.


  
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	SECTION	3.10 Satisfaction of Sinking Fund Payments with Securities. 

 The Company or the Guarantor may deliver outstanding Securities of a series (other than any previously called for redemption) and may apply as a credit Securities of a series that have been redeemed
either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any
sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such series of Securities; provided that such Securities have not been previously so credited. Such Securities shall be received and
credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 

 

	SECTION	3.11 Redemption of Securities for Sinking Fund. 

 Not less than 45 days prior (unless a shorter period shall be satisfactory to the Trustee) to each sinking fund payment date for any series of Securities, the Company will deliver to the Trustee an
Officers’ Certificate of the Company 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 and the portion
thereof, if any, which is to be satisfied by delivery of or by crediting Securities of that series pursuant to Section 3.10 and will also deliver or cause to be delivered to the Trustee any Securities to be so delivered. Failure of the Company
to timely deliver or cause to be delivered such Officers’ Certificate and Securities specified in this paragraph, if any, shall not constitute a default but shall constitute the election of the Company that the mandatory sinking fund payment
for such series due on the next succeeding sinking fund payment date shall be paid entirely in cash without the option to deliver or credit Securities of such series in respect thereof and that the Company will make no optional sinking fund payment
with respect to such series as provided in this Section 3.11. 
 If the sinking fund payment or payments (mandatory or
optional or both) to be made in cash on the next succeeding sinking fund payment date plus any unused balance of any preceding sinking fund payments made in cash shall exceed $100,000 (or the Dollar equivalent thereof based on the applicable
Exchange Rate on the date of original issue of the applicable Securities) or a lesser sum if the Company shall so request with respect to the Securities of any particular series, such cash shall be applied on the next succeeding sinking fund payment
date to the redemption of Securities of such series at the sinking fund redemption price together with accrued interest to the date fixed for redemption. If such amount shall be $100,000 (or the Dollar equivalent thereof as aforesaid) or less and
the Company makes no such request then it shall be carried over until a sum in excess of $100,000 (or the Dollar equivalent thereof as aforesaid) is available. Not less than 30 days before each such sinking fund payment date, the Trustee shall
select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 3.03 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in
Section 3.04. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 3.05, 3.06 and 3.07. 

  
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 ARTICLE IV 
 COVENANTS SECTION 
  

	SECTION	4.01 Payment of Securities. 

 The
Company shall pay the principal of, premium (if any) and interest on and any Additional Amounts with respect to the Securities of each series on the dates and in the manner provided in the Securities of such series and in this Indenture. Principal,
premium, interest and any Additional Amounts shall be considered paid on the date due if the Paying Agent (other than the Company, the Guarantor or a Subsidiary) holds on that date money deposited by the Company or the Guarantor designated for and
sufficient to pay all principal, premium, interest and any Additional Amounts then due. 
 The Company shall pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium (if any), at a rate equal to the then applicable interest rate on the Securities to the extent lawful; and it shall pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and any Additional Amounts (without regard to any applicable grace period) at the same rate to the extent lawful. 

 

	SECTION	4.02 Maintenance of Office or Agency. 

 The Company will maintain in each Place of Payment for any series of Securities an office or agency (which may be an office of the Trustee, the Registrar or the Paying Agent) where Securities of that
series may be presented for registration of transfer or exchange, where Securities of that series may be presented for payment and where notices and demands to or upon the Company or the Guarantor in respect of the Securities of that series and this
Indenture may be served. Unless otherwise designated by the Company by written notice to the Trustee and the Guarantor, such office or agency shall be the office of the Trustee in The City of New York, which on the date hereof is located at 101
Barclay Street, 8 West, New York, New York 10286. The Company will give prompt written notice to the Trustee and the Guarantor 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 and the Guarantor with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee.

 The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more
series may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain
an office or agency in each Place of Payment for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office
or agency. 

  
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	SECTION	4.03 SEC Reports; Financial Statements. 

 (a) If the Company or the Guarantor is subject to the requirements of Section 13 or 15(d) of the Exchange Act, the Company or the Guarantor, as the case may be, shall file with the Trustee, within
15 days after it files the same with the SEC, copies of the annual and quarterly reports and the information, documents and other reports (or such portions of any of the foregoing as the SEC may by rules and regulations prescribe) that the
Company or the Guarantor is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. If this Indenture is qualified under the TIA, but not otherwise, the Company and the Guarantor shall also comply with the provisions
of TIA Section 314(a). Delivery of such reports, information and documents to the Trustee shall be for informational purposes only, and the Trustee’s receipt thereof shall not constitute constructive notice of any information contained
therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates or certificates delivered
pursuant to Section 4.04). 
 (b) If the Company is not subject to the requirements of Section 13 or 15(d) of the
Exchange Act, the Company shall furnish to all Holders of Rule 144A Securities and prospective purchasers of Rule 144A Securities designated by the Holders of Rule 144A Securities, promptly upon their request, the information required to be
delivered pursuant to Rule 144A(d)(4) promulgated under the Securities Act of 1933, as amended. 
  

	SECTION	4.04 Compliance Certificate. 


(a) Each of the Company and the Guarantor shall deliver to the Trustee, within 120 days after the end of each fiscal year, a
statement signed by an Officer of the Company or the Guarantor, as the case may be, which need not constitute an Officers’ Certificate, complying with TIA Section 314(a)(4) and stating that in the course of performance by the signing
Officer of his duties as such Officer of the Company or the Guarantor, as the case may be, he would normally obtain knowledge of the keeping, observing, performing and fulfilling by the Company or the Guarantor, as the case may be, of its
obligations under this Indenture, and further stating that to the best of his knowledge the Company or the Guarantor, as the case may be, has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in
default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or Event of Default shall have occurred, describing all such Defaults or Events of Default of which such Officer may have knowledge and
what action the Company or the Guarantor, as the case may be, is taking or proposes to take with respect thereto). 
 (b) The
Company or the Guarantor shall, so long as Securities of any series are outstanding, deliver to the Trustee, forthwith upon any Officer of the Company or the Guarantor, as the case may be, becoming aware of any Default or Event of Default under this
Indenture, an Officers’ Certificate specifying such Default or Event of Default and what action the Company or the Guarantor, as the case may be, is taking or proposes to take with respect thereto. 

  
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	SECTION	4.05 Corporate Existence. 


Subject to Article V, each of the Company and the Guarantor shall do or cause to be done all things necessary to preserve and keep in full
force and effect its existence. 
  

	SECTION	4.06 Waiver of Stay, Extension or Usury Laws. 

 Each of the Company and the Guarantor 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 or any usury law or other law that would prohibit or forgive it from paying all or any portion of the principal of or interest on the Securities as contemplated herein, wherever enacted, now or at any time
hereafter in force, or which may affect the covenants or the performance of this Indenture; and (to the extent that it may lawfully do so) each of the Company and the Guarantor 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. 

 

	SECTION	4.07 Additional Amounts. 

 If the
Securities of a series expressly provide for the payment of Additional Amounts, the Company will pay to the Holder of any Security of such series Additional Amounts as expressly provided therein. 

Whenever in this Indenture there is mentioned, in any context, the payment of the principal of or any premium or interest on, or in
respect of, any Security of any series or the net proceeds received from the sale or exchange of any Security of any series, such mention shall be deemed to include mention of the payment of Additional Amounts provided for in this Section 4.07
to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof pursuant to the provisions of this Section 4.07 and express mention of the payment of Additional Amounts (if applicable) in any provisions
hereof shall not be construed as excluding Additional Amounts in those provisions hereof where such express mention is not made. 
  

	SECTION	4.08 Limitation on Liens. 

 The
Company shall not, and shall not permit any Principal Domestic Subsidiary to, issue, assume or guarantee any Debt for borrowed money secured by any Lien upon any Principal Property or any shares of stock or Debt of any Principal Domestic Subsidiary
(whether such Principal Property, shares of stock or Debt is now owned or hereafter acquired) without making effective provision whereby the Securities (together with, if the Company shall so determine, any other Debt or other obligation of the
Company or any Subsidiary) shall be secured equally and ratably with (or, at the option of the Company, prior to) the Debt so secured for so long as such Debt is so secured. The foregoing restrictions will not, however, apply to Debt secured by
Permitted Liens. 
 In addition, the Company and its Principal Domestic Subsidiaries may, without securing the Securities,
issue, assume or guarantee Debt that would otherwise be subject to the foregoing 

  
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restrictions in an aggregate principal amount that, together with all other such Debt of the Company and its Principal Domestic Subsidiaries that would otherwise be subject to the foregoing
restrictions (not including Debt permitted to be secured under the definition of Permitted Liens) and the aggregate amount of Attributable Debt deemed outstanding with respect to Sale/Leaseback Transactions (reduced by the amount applied pursuant to
Section 4.09(b)), does not at any one time exceed 10% of Consolidated Adjusted Net Assets. 
 The mortgage or pledge of any
property of the Company or any Subsidiary in favor of the United States or any State, or any department, agency, instrumentality or political subdivision of either, to secure partial, progress, advance or other payments pursuant to the provisions of
any contract or statute shall not be deemed to create “Debt” secured by “Liens” within the meaning of those terms as used in this Indenture. 
  

	SECTION	4.09 Limitation on Sale/Leaseback Transactions. 

 The Company shall not, and shall not permit any Principal Domestic Subsidiary to, enter into any Sale/Leaseback Transaction with any Person (other than the Company or a Subsidiary) unless: 

(a) the Company or such Principal Domestic Subsidiary would be entitled to incur Debt in a principal amount equal to the Attributable
Debt with respect to such Sale/Leaseback Transaction secured by a Lien on the property subject to such Sale/Leaseback Transaction pursuant to Section 4.08 without equally and ratably securing the Securities pursuant to such covenant; or

 (b) within a period commencing 12 months prior to the consummation of such Sale/Leaseback Transaction and ending 12 months
after the consummation thereof, the Company or any Subsidiary shall have applied an amount equal to all or a portion of the net proceeds of such Sale/Leaseback Transaction (with any such amount not being so applied to be subject to
Section 4.09(a)): 
 (1) to the voluntary defeasance or retirement of any Securities or any Funded Debt; or

 (2) to the acquisition, construction, improvement or expansion of one or more Principal Properties.

 For these purposes, the net proceeds of a Sale/Leaseback Transaction means an amount equal to the greater of (i) the net
proceeds of the sale or transfer of the property leased in such Sale/Leaseback Transaction and (ii) the fair value, as determined by the Board of Directors of the Company and evidenced by a Board Resolution, of such property at the time of
entering into such Sale/Leaseback Transaction. 

  
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 ARTICLE V 
 SUCCESSORS SECTION 
  

	SECTION	5.01 Limitations on Mergers and Consolidations. 

 Neither the Company nor the Guarantor shall, in any transaction or series of transactions, consolidate with or merge into any Person, or sell, lease, convey, transfer or otherwise dispose of all or
substantially all of its assets to any Person (other than a consolidation or merger of the Company and the Guarantor or a sale, lease, conveyance, transfer or other disposition of all or substantially all of the assets of the Company to the
Guarantor or of the Guarantor to the Company), unless: 
 (1) either (a) the Company or the Guarantor, as the case may be,
shall be the continuing Person or (b) the Person (if other than the Company or the Guarantor) formed by such consolidation or into which the Company or the Guarantor is merged, or to which such sale, lease, conveyance, transfer or other
disposition shall be made (collectively, the “Successor”), is organized and validly existing under the laws of the United States, any political subdivision thereof or any State thereof or the District of Columbia, and expressly assumes by
supplemental indenture, in the case of the Company, the due and punctual payment of the principal of, premium (if any) and interest on and any Additional Amounts with respect to all the Securities and the performance of the Company’s covenants
and obligations under this Indenture and the Securities, or, in the case of the Guarantor, the performance of the Guarantee and the Guarantor’s covenants and obligations under this Indenture and the Securities; 

(2) immediately after giving effect to such transaction or series of transactions, no Default or Event of Default shall have occurred and
be continuing or would result therefrom; and 
 (3) the Company or the Guarantor, as the case may be, delivers to the Trustee an
Officers’ Certificate and an Opinion of Counsel, each stating that the transaction and such supplemental indenture comply with this Indenture. 
  

	SECTION	5.02 Successor Person Substituted. 

 Upon any consolidation or merger of the Company or the Guarantor, as the case may be, or any sale, lease, conveyance, transfer or other disposition of all or substantially all of the assets of the Company
or the Guarantor in accordance with Section 5.01, the Successor formed by such consolidation or into or with which the Company or the Guarantor is merged or to which such sale, lease, conveyance, transfer or other disposition is made shall
succeed to, and be substituted for, and may exercise every right and power of the Company or the Guarantor, as the case may be, under this Indenture and the Securities with the same effect as if such Successor had been named as the Company or the
Guarantor, as the case may be, herein and the predecessor Company or Guarantor, in the case of a sale, conveyance, transfer or other disposition, shall be released from all obligations under this Indenture, the Securities and, in the case of the
Guarantor, the Guarantee. 

  
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 ARTICLE VI 
 DEFAULTS AND REMEDIES SECTION 
  

	SECTION	6.01 Events of Default. 

 Unless
either inapplicable to a particular series or specifically deleted or modified in or pursuant to the supplemental indenture or Board Resolution establishing such series of Securities or in the form of Security for such series, an “Event of
Default,” wherever used herein with respect to Securities of any series, occurs if: 
 (1) there is a default in the
payment of interest on or any Additional Amounts with respect to any Security of that series when the same becomes due and payable and such default continues for a period of 30 days; 

(2) there is a default in the payment of (A) the principal of any Security of that series at its Maturity or (B) premium (if
any) on any Security of that series when the same becomes due and payable; 
 (3) there is a default in the deposit of any
sinking fund payment, when and as due by the terms of a Security of that series, and such default continues for a period of 30 days; 
 (4) the Company or the Guarantor fails to comply with any of its other covenants or agreements in, or provisions of, the Securities of such series or this Indenture (other than an agreement, covenant or
provision that has expressly been included in this Indenture solely for the benefit of one or more series of Securities other than that series) which shall not have been remedied within the specified period after written notice, as specified in the
last paragraph of this Section 6.01; 
 (5) the Company or the Guarantor pursuant to or within the meaning of any
Bankruptcy Law: 
 (A) commences a voluntary case, 

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

(C) consents to the appointment of a Bankruptcy Custodian of it or for all or substantially all of its property, or

 (D) makes a general assignment for the benefit of its creditors; 

(6) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that remains unstayed and in effect for 90 days
and that: 
 (A) is for relief against the Company or the Guarantor as debtor in an involuntary case,


  
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 (B) appoints a Bankruptcy Custodian of the Company or the Guarantor or a
Bankruptcy Custodian for all or substantially all of the property of the Company or the Guarantor, or 
 (C)
orders the liquidation of the Company or the Guarantor; or 
 (7) any other Event of Default provided with respect to Securities
of that series occurs. 
 The term “Bankruptcy Custodian” means any receiver, trustee, assignee, liquidator or similar
official under any Bankruptcy Law. 
 When a Default is cured, it ceases. 

Notwithstanding the foregoing provisions of this Section 6.01, if the principal of, premium (if any) or interest on or Additional
Amounts with respect to any Security is payable in a currency or currencies (including a composite currency) other than Dollars and such currency or currencies are not available to the Company or the Guarantor for making payment thereof due to the
imposition of exchange controls or other circumstances beyond the control of the Company or the Guarantor (a “Conversion Event”), each of the Company and the Guarantor will be entitled to satisfy its obligations to Holders of the
Securities by making such payment in Dollars in an amount equal to the Dollar equivalent of the amount payable in such other currency, as determined by the Company or the Guarantor, as the case may be, by reference to the Exchange Rate on the date
of such payment, or, if such rate is not then available, on the basis of the most recently available Exchange Rate. Notwithstanding the foregoing provisions of this Section 6.01, any payment made under such circumstances in Dollars where the
required payment is in a currency other than Dollars will not constitute an Event of Default under this Indenture. 
 Promptly
after the occurrence of a Conversion Event, the Company or the Guarantor shall give written notice thereof to the Trustee; and the Trustee, promptly after receipt of such notice, shall give notice thereof in the manner provided in Section 11.02
to the Holders. Promptly after the making of any payment in Dollars as a result of a Conversion Event, the Company or the Guarantor, as the case may be, shall give notice in the manner provided in Section 11.02 to the Holders, setting forth the
applicable Exchange Rate and describing the calculation of such payments. 
 A Default under clause (4) or (7) of this
Section 6.01 is not an Event of Default until the Trustee notifies the Company and the Guarantor, or the Holders of at least 25% in principal amount of the then outstanding Securities of the series affected by such Default notify the Company,
the Guarantor and the Trustee, of the Default, and the Company or the Guarantor, as the case may be, fails to cure the Default within 90 days after receipt of the notice. The notice must specify the Default, demand that it be remedied and state that
the notice is a “Notice of Default.” 

  
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	SECTION	6.02 Acceleration. 

 If an Event
of Default with respect to any Securities of any series at the time outstanding (other than an Event of Default specified in clause (5) or (6) of Section 6.01) occurs and is continuing, the Trustee by notice to the Company and the
Guarantor, or the Holders of at least 25% in principal amount of the then outstanding Securities of the series affected by such Event of Default by notice to the Company, the Guarantor and the Trustee, may declare the principal of (or, if any such
Securities are Original Issue Discount Securities, such portion of the principal amount as may be specified in the terms of that series) and all accrued and unpaid interest on all then outstanding Securities of such series, as the case may be, to be
due and payable. Upon any such declaration, the amounts due and payable on the Securities shall be due and payable immediately. If an Event of Default specified in clause (5) or (6) of Section 6.01 hereof occurs, such amounts shall
ipso facto become and be immediately due and payable without any declaration, notice or other act on the part of the Trustee or any Holder. The Holders of a majority in principal amount of the then outstanding Securities of the series affected by
such Event of Default by written notice to the Trustee may rescind an acceleration and its consequences (other than nonpayment of principal of or premium or interest on or any Additional Amounts with respect to the Securities) if the rescission
would not conflict with any judgment or decree and if all existing Events of Default with respect to Securities of that series have been cured or waived, except nonpayment of principal, premium, interest or any Additional Amounts that has become due
solely because of the acceleration. 
  

	SECTION	6.03 Other Remedies. 

 If an
Event of Default occurs and is continuing, the Trustee may pursue any available remedy to collect the payment of principal of, or premium, if any, or interest on the Securities or to enforce the performance of any provision of the Securities or this
Indenture. 
 The Trustee may maintain a proceeding even if it does not possess any of the Securities or does not produce any of
them in the proceeding. A delay or omission by the Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All
remedies are cumulative to the extent permitted by law. 
  

	SECTION	6.04 Waiver of Defaults. 


Subject to Sections 6.07 and 9.02, the Holders of a majority in principal amount of the then outstanding Securities of any series by
notice to the Trustee may waive an existing or past Default or Event of Default with respect to such series and its consequences (including waivers obtained in connection with a tender offer or exchange offer for Securities of such series or a
solicitation of consents in respect of Securities of such series, provided that in each case such offer or solicitation is made to all Holders of then outstanding Securities of such series), except (1) a continuing Default or Event of Default
in the payment of the principal of, or premium, if any, or interest on or any Additional Amounts with respect to any Security or (2) a continued Default in respect of a provision that under Section 9.02 cannot be amended or supplemented
without the consent of each Holder 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 this Indenture; but no such waiver shall extend
to any subsequent or other Default or impair any right consequent thereon. 

  
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	SECTION	6.05 Control by Majority. 

 With
respect to Securities of any series, the Holders of a majority in principal amount of the then outstanding Securities of such series may direct in writing the time, method and place of conducting any proceeding for any remedy available to the
Trustee or exercising any trust or power conferred on it relating to or arising under an Event of Default described in clause (1), (2), (3), (4) or (7) of Section 6.01, and with respect to all Securities, the Holders of a majority in
principal amount of all the then outstanding Securities affected may direct in writing the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on it not relating to
or arising under such an Event of Default. However, the Trustee may refuse to follow any direction that conflicts with applicable law or this Indenture, that the Trustee determines may be unduly prejudicial to the rights of other Holders, or that
may involve the Trustee in personal liability; provided, however, that the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction. Prior to taking any action hereunder, the Trustee shall be
entitled to indemnification satisfactory to it in its sole discretion from Holders directing the Trustee against all losses and expenses caused by taking or not taking such action. 

 

	SECTION	6.06 Limitations on Suits. 


Subject to Section 6.07 hereof, a Holder of a Security of any series may pursue a remedy with respect to this Indenture or the
Securities of such series only if: 
 (1) the Holder gives to the Trustee written notice of a continuing Event of Default with
respect to such series; 
 (2) the Holders of at least 25% in principal amount of the then outstanding Securities of such series
make a written request to the Trustee to pursue the remedy; 
 (3) such Holder or Holders offer to the Trustee indemnity
satisfactory to the Trustee against any loss, liability or expense; 
 (4) the Trustee does not comply with the request within
60 days after receipt of the request and the offer of indemnity; and 
 (5) during such 60-day period the Holders of a majority
in principal amount of the Securities of that series do not give the Trustee a direction inconsistent with the request. 
 A
Holder may not use this Indenture to prejudice the rights of another Holder or to obtain a preference or priority over another Holder. 
  

	SECTION	6.07 Rights of Holders to Receive Payment. 

 Notwithstanding any other provision of this Indenture, the right of any Holder of a Security to receive payment of principal of and premium, if any, and interest on and any


  
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Additional Amounts with respect to the Security, on or after the respective due dates expressed in the Security, or to bring suit for the enforcement of any such payment on or after such
respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the Holder. 
  

	SECTION	6.08 Collection Suit by Trustee. 


If an Event of Default specified in clause (1) or (2) of Section 6.01 hereof occurs and is continuing, the Trustee is
authorized to recover judgment in its own name and as trustee of an express trust against the Company or the Guarantor for the amount of principal, premium (if any), interest and any Additional Amounts remaining unpaid on the Securities of the
series affected by the Event of Default, and interest on overdue principal and premium, if any, and, to the extent lawful, interest on overdue interest, and such further amount as shall be sufficient to cover the costs and expenses of collection,
including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel. 
  

	SECTION	6.09 Trustee May File Proofs of Claim. 

 The Trustee is authorized to file such proofs of claim and other papers or documents and to take such actions, including participating as a member, voting or otherwise, of any committee of creditors, as
may be necessary or advisable 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 the Holders allowed in any judicial proceedings
relative to the Company or the Guarantor or their respective creditors or properties and shall be entitled and empowered to collect, receive and distribute any money or other property payable or deliverable on any such claims and any Bankruptcy
Custodian in any such judicial proceeding is hereby authorized by each 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 the Holders, to pay to the Trustee any
amount due to 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 7.07. To the extent that the payment of any such compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.07 out of the estate in any such proceeding, shall be denied for any reason, payment of the same shall be secured
by a lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties which the Holders of the Securities may be entitled to receive in such proceeding whether in liquidation or under any plan of
reorganization or arrangement or otherwise. 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 Securities 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	6.10 Priorities. 

 If the Trustee
collects any money pursuant to this Article VI, it shall pay out the money in the following order: 

First: to the Trustee for amounts due under Section 7.07; 

  
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 Second: to Holders for amounts due and unpaid on the Securities in
respect of which or for the benefit of which such money has been collected, for principal, premium (if any), interest and any Additional Amounts ratably, without preference or priority of any kind, according to the amounts due and payable on such
Securities for principal, premium (if any), interest and any Additional Amounts, respectively; and 

Third: to the Company. 
 The Trustee, upon prior written notice to the Company, may fix record dates and payment dates for any payment to Holders pursuant to this Article VI. 

To the fullest extent allowed under applicable law, if for the purpose of obtaining a judgment against the Company or the Guarantor in
any court it is necessary to convert the sum due in respect of the principal of, premium (if any) or interest on or Additional Amounts with respect to the Securities of any series (the “Required Currency”) into a currency in which a
judgment will be rendered (the “Judgment Currency”), the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the
Judgment Currency on the Business Day in The City of New York next preceding that on which final judgment is given. None of the Company, the Guarantor or the Trustee shall be liable for any shortfall nor shall any of them benefit from any windfall
in payments to Holders of Securities under this Section 6.10 caused by a change in exchange rates between the time the amount of a judgment against it is calculated as above and the time the Trustee converts the Judgment Currency into the
Required Currency to make payments under this Section 6.10 to Holders of Securities, but payment of such judgment shall discharge all amounts owed by the Company and the Guarantor on the claim or claims underlying such judgment. 

 

	SECTION	6.11 Undertaking for Costs. 

 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 or omitted by it as a trustee, a court in its discretion may require the filing by any party litigant in the suit of an
undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or
defenses made by the party litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder pursuant to Section 6.07, or a suit by a Holder or Holders of more than 10% in principal amount of the then outstanding
Securities of any series. 
 ARTICLE VII 
 TRUSTEE SECTION 
  

	SECTION	7.01 Duties of Trustee. 

 (a) If
an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in such exercise, as a prudent person would exercise or use under
the circumstances in the conduct of such person’s own affairs. 

  
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 (b) Except during the continuance of an Event of Default with respect to the Securities of
any series: 
 (1) the Trustee need perform only those duties that are specifically set forth in this Indenture
and no others, 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. However, the Trustee shall examine such certificates and opinions to determine whether, on their face, they appear to conform to the requirements of this Indenture (but
need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 
 (c) The Trustee may
not be relieved from liabilities for its own negligent action, its own negligent failure to act or its own willful misconduct, except that: 
 (1) this paragraph does not limit the effect of Section 7.01(b); 
 (2) the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and

 (3) the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in
accordance with a direction received by it pursuant to Section 6.05. 
 (d) Whether or not therein expressly so provided,
every provision of this Indenture that in any way relates to the Trustee is subject to the provisions of this Section 7.01. 
 (e) No provision of this Indenture shall require the Trustee to expend or risk its own funds or incur any liability. The Trustee may refuse to perform any duty or exercise any right or power unless it
receives indemnity or security satisfactory to it against any loss, liability or expense. 
 (f) The Trustee shall not be liable
for interest on any money received by it except as the Trustee may agree in writing with the Company and the Guarantor. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. Subject to
Section 6.10, all money received by the Trustee shall, until applied as herein provided, be held in trust for the payment of the principal of, premium (if any) and interest on and Additional Amounts with respect to the Securities. 

 

	SECTION	7.02 Rights of Trustee. 

 (a) The
Trustee may conclusively rely on any document believed by it to be genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document. 

  
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 (b) Before the Trustee acts or refrains from acting, it may require instruction, an
Officers’ Certificate or an Opinion of Counsel or both to be provided. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such instruction, Officers’ Certificate or Opinion of Counsel. The
Trustee may consult at the Company’s expense with counsel of its selection 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. 
 (c) The Trustee may act through agents and shall not be responsible for
the misconduct or negligence of any agent appointed with due care. 
 (d) The Trustee shall not be liable for any action it
takes or omits to take in good faith which it believes to be authorized or within its rights or powers conferred upon it by this Indenture. 
 (e) Unless otherwise specifically provided in this Indenture, any demand, request, direction or notice from the Company or the Guarantor shall be sufficient if signed by an Officer of the Company or the
Guarantor, as the case may be. 
 (f) The Trustee shall not be obligated 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. 

(g) The rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be
indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 

(h) The Trustee may request that the Company deliver an Officers’ Certificate setting forth the names of individuals and/or titles
of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized
in any such certificate previously delivered and not superseded. 
 (i) The Trustee shall not be deemed to know or have notice
of any Default or Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a Default or Event of Default is received by the Trustee at the Corporate Trust
Office of the Trustee, and such notice references the Securities and this Indenture. 
 (j) In no event shall the Trustee be
responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and
regardless of the form of action. 
 (k) In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces 

  
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beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God,
and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry
to resume performance as soon as practicable under the circumstances. 
  

	SECTION	7.03 May Hold Securities. 


The Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Company,
the Guarantor or any of their respective Affiliates with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights and duties. However, the Trustee is subject to Sections 7.10 and 7.11. 

 

	SECTION	7.04 Trustee’s Disclaimer. 


The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities, it shall not be accountable for
the Company’s use of the proceeds from the Securities or any money paid to the Company or the Guarantor or upon the Company’s or the Guarantor’s direction under any provision hereof, it shall not be responsible for the use or
application of any money received by any Paying Agent other than the Trustee and it shall not be responsible for any statement or recital herein or any statement in the Securities other than its certificate of authentication. 

 

	SECTION	7.05 Notice of Defaults. 

 If a
Default or Event of Default with respect to the Securities of any series occurs and is continuing and it is known to the Trustee, the Trustee shall mail to Holders of Securities of such series a notice of the Default or Event of Default within 90
days after it occurs. Except in the case of a Default or Event of Default in payment of principal of, premium (if any) and interest on and Additional Amounts or any sinking fund installment with respect to the Securities of such series, the Trustee
may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Holders of Securities of such series. 

 

	SECTION	7.06 Reports by Trustee to Holders. 

 Within 60 days after each September 15 of each year after the execution of this Indenture, the Trustee shall mail to Holders of a series, the Guarantor and the Company a brief report dated as of such
reporting date that complies with TIA Section 313(a); provided, however, that if no event described in TIA Section 313(a) has occurred within the twelve months preceding the reporting date with respect to a series, no report need be
transmitted to Holders of such series. The Trustee also shall comply with TIA Section 313(b). The Trustee shall also transmit by mail all reports if and as required by TIA Sections 313(c) and 313(d). 

A copy of each report at the time of its mailing to Holders of a series of Securities shall be filed by the Company or the Guarantor with
the SEC and each securities exchange, if any, on which the Securities of such series are listed. The Company shall notify the Trustee if and when any series of Securities is listed on any securities exchange. 

  
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	SECTION	7.07 Compensation and Indemnity. 


The Company agrees to pay to the Trustee for its acceptance of this Indenture and services hereunder such compensation as the Company and
the Trustee shall from time to time agree in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company agrees to reimburse the Trustee upon request for all reasonable
disbursements, advances and expenses incurred by it. Such expenses shall include the reasonable compensation, disbursements and expenses of the Trustee’s agents and counsel. 

The Company and the Guarantor, jointly and severally, hereby indemnify the Trustee and any predecessor Trustee against any and all loss,
liability, damage, claim or expense, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee), incurred by it arising out of or in connection with the acceptance or administration of its duties under this
Indenture, except as set forth in the next following paragraph. The Trustee shall notify the Company and the Guarantor promptly of any claim for which it may seek indemnity. The Company shall defend the claim and the Trustee shall cooperate in the
defense. The Trustee may have separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent. 

The Company shall not be obligated to reimburse any expense or indemnify against any loss or liability incurred by the Trustee through
the Trustee’s negligence or bad faith. 
 To secure the payment obligations of the Company in this Section 7.07, the
Trustee shall have a lien prior to the Securities on all money or property held or collected by the Trustee, except that held in trust to pay principal of, premium (if any) and interest on and any Additional Amounts with respect to Securities of any
series. Such lien and the Company’s obligations under this Section 7.07 shall survive the satisfaction and discharge of this Indenture. 
 When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.01(5) or (6) occurs, the expenses and the compensation for the services are intended to
constitute expenses of administration under any Bankruptcy Law. 
  

	SECTION	7.08 Replacement of Trustee. 

 A
resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. 

The Trustee may resign and be discharged at any time with respect to the Securities of one or more series by so notifying the Company and
the Guarantor. The Holders of a majority in principal amount of the then outstanding Securities of any series may remove the Trustee with respect to the Securities of such series by so notifying the Trustee, the Company and the Guarantor. The
Company may remove the Trustee if: 
 (1) the Trustee fails to comply with Section 7.10; 

  
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 (2) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is entered
with respect to the Trustee under any Bankruptcy Law; 
 (3) a Bankruptcy Custodian or public officer takes charge of the
Trustee or its property; or 
 (4) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, with respect to the Securities of
one or more series, the Company shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect to the 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 Securities of any particular series). Within one year after the successor Trustee with respect to the Securities of any series takes office, the
Holders of a majority in principal amount of the Securities of such series then outstanding may appoint a successor Trustee to replace the successor Trustee appointed by the Company. 

If a successor Trustee with respect to the Securities of any series does not take office within 30 days after the retiring or removed
Trustee resigns or is removed, the retiring or removed Trustee (at the expense of the Company), the Company, the Guarantor or the Holders of at least 10% in principal amount of the then outstanding Securities of such series may petition any court of
competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
 If the
Trustee with respect to the Securities of a series fails to comply with Section 7.10, any Holder of Securities of such series may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor
Trustee with respect to the Securities of such series. 
 In case of the appointment of a successor Trustee with respect to all
Securities, each such successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee, to the Company and to the Guarantor. Thereupon the resignation or removal of the retiring Trustee shall become effective, and the
successor Trustee shall have all the rights, powers and duties of the retiring Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to Holders. The retiring Trustee shall promptly transfer all property held by it
as Trustee to the successor Trustee, subject to the lien provided for in Section 7.07. 
 In case of the appointment of a
successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the Guarantor, the retiring Trustee and each successor Trustee with respect to the Securities of one or more (but not all) series shall execute and
deliver an indenture supplemental hereto in which each successor Trustee shall accept such appointment and that (1) shall confer to each successor Trustee all the rights, powers and duties of the retiring Trustee with respect to the 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 Securities, shall confirm that all the rights, powers and duties of the retiring Trustee with
respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to 

  
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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. Nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust, and each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any
trust or trusts hereunder administered by any other such Trustee. Upon the execution and delivery of such supplemental indenture, the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such
successor Trustee shall have all the rights, powers and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates. On request of the Company or any successor
Trustee, such retiring Trustee shall transfer to such successor Trustee all property held by such retiring Trustee as Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates. Such
retiring Trustee shall, however, have the right to deduct its unpaid fees and expenses, including attorneys’ fees. 

Notwithstanding replacement of the Trustee or Trustees pursuant to this Section 7.08, the obligations of the Company under
Section 7.07 shall continue for the benefit of the retiring Trustee or Trustees. 
  

	SECTION	7.09 Successor Trustee by Merger, etc. 

 Subject to Section 7.10, if the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation
without any further act shall be the successor Trustee; provided, however, that in the case of a transfer of all or substantially all of its corporate trust business to another corporation, the transferee corporation expressly assumes all of the
Trustee’s liabilities hereunder. 
 In case any 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 Securities so authenticated; and in case at that time any of the Securities shall not have been
authenticated, any successor to the Trustee may authenticate such Securities either in the name of any predecessor hereunder or in the name of the successor to the Trustee; and in all such cases such certificates shall have the full force which it
is anywhere in the Securities or in this Indenture provided that the certificate of the Trustee shall have. 
  

	SECTION	7.10 Eligibility; Disqualification. 

 There shall at all times be a Trustee hereunder which shall be a corporation or banking association organized and doing business under the laws of the United States, any State thereof or the District of
Columbia and authorized under such laws to exercise corporate trust power, shall be subject to supervision or examination by Federal or State (or the District of Columbia) authority and shall have, or be a subsidiary of a bank or bank holding
company having, a combined capital and surplus of at least $50 million as set forth in its most recent published annual report of condition. 

  
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 The Indenture shall always have a Trustee who satisfies the requirements of TIA Sections
310(a)(1), 310(a)(2) and 310(a)(5). The Trustee is subject to and shall comply with the provisions of TIA Section 310(b) during the period of time required by this Indenture. Nothing in this Indenture shall prevent the Trustee from filing with
the SEC the application referred to in the penultimate paragraph of TIA Section 310(b). 
  

	SECTION	7.11 Preferential Collection of Claims Against the Company or the Guarantor. 

 The Trustee is subject to and shall comply with the provisions of TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed
shall be subject to TIA Section 311(a) to the extent indicated therein. 
 ARTICLE VIII 

DISCHARGE OF INDENTURE 
  

	SECTION	8.01 Termination of the Company’s and the Guarantor’s Obligations. 

 (a) This Indenture shall cease to be of further effect with respect to the Securities of a series (except that the Company’s obligations under Section 7.07, the Trustee’s and Paying
Agent’s obligations under Section 8.03 and the rights, powers, protections and privileges accorded the Trustee under Article VII shall survive), and the Trustee and the Guarantor, on demand of the Company, shall execute proper instruments
acknowledging the satisfaction and discharge of this Indenture with respect to the Securities of such series, when: 
  

	 	(1)	either: 

 (A)
all outstanding Securities of such series theretofore authenticated and issued (other than destroyed, lost or stolen Securities that have been replaced or paid) have been delivered to the Trustee for cancellation; or 

(B) all outstanding Securities of such series not theretofore delivered to the Trustee for cancellation: 

 

	 	(i)	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 of redemption by the Trustee in the name, and at
the expense, of the Company, 

 and, in the case of clause (i), (ii) or (iii) above, the Company or the
Guarantor has irrevocably deposited or caused to be deposited with the Trustee as funds (immediately available to the Holders in the case of clause (i)) in trust for such purpose (x) cash in an amount, or


  
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(y) Government Obligations, maturing as to principal and interest at such times and in such amounts as will ensure the availability of cash in an amount or (z) a combination thereof,
which will be sufficient, in the opinion (in the case of clauses (y) and (z)) of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge the
entire indebtedness on the Securities of such series for principal and interest to the date of such deposit (in the case of Securities which have become due and payable) or for principal, premium, if any, and interest to the Stated Maturity or
Redemption Date, as the case may be; or 
 (C) the Company and the Guarantor have properly fulfilled such other
means of satisfaction and discharge as is specified, as contemplated by Section 2.01, to be applicable to the Securities of such series; 
 (2) the Company or the Guarantor has paid or caused to be paid all other sums payable by them hereunder with respect to the Securities of such series; and 

(3) the Company has delivered to the Trustee an Officers’ Certificate stating that all conditions precedent to
satisfaction and discharge of this Indenture with respect to the Securities of such series have been complied with, together with an Opinion of Counsel to the same effect. 
 (b) Unless this Section 8.01(b) is specified as not being applicable to Securities of a series as contemplated by Section 2.01, the Company may, at its option, terminate certain of its and the
Guarantor’s respective obligations under this Indenture (“covenant defeasance”) with respect to the Securities of a series if: 
 (1) the Company or the Guarantor has irrevocably deposited or caused to be irrevocably deposited with the Trustee as trust funds in trust for the purpose of making the following payments, specifically
pledged as security for and dedicated solely to the benefit of the Holders of Securities of such series, (i) money in the currency in which payment of the Securities of such series is to be made in an amount, or (ii) Government Obligations
with respect to such series, maturing as to principal and interest at such times and in such amounts as will ensure the availability of money in the currency in which payment of the Securities of such series is to be made in an amount or
(iii) a combination thereof, that is sufficient, in the opinion (in the case of clauses (ii) and (iii)) of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the
Trustee, to pay the principal of and premium (if any) and interest on all Securities of such series on each date that such principal, premium (if any) or interest is due and payable and (at the Stated Maturity thereof or upon redemption as provided
in Section 8.01(e)) to pay all other sums payable by it hereunder; provided that the Trustee shall have been irrevocably instructed to apply such money and/or the proceeds of such Government Obligations to the payment of said principal, premium
(if any) and interest with respect to the Securities of such series as the same shall become due; 

  
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 (2) the Company has delivered to the Trustee an Officers’ Certificate
stating that all conditions precedent to satisfaction and discharge of this Indenture with respect to the Securities of such series have been complied with, and an Opinion of Counsel to the same effect; 

(3) no Default or Event of Default with respect to the Securities of such series shall have occurred and be continuing on
the date of such deposit; 
 (4) the Company shall have delivered to the Trustee an Opinion of Counsel from a
nationally recognized counsel acceptable to the Trustee or a tax ruling to the effect that the Holders will not recognize income, gain or loss for U.S. Federal income tax purposes as a result of the Company’s exercise of its option under this
Section 8.01(b) and will be subject to U.S. Federal income tax on the same amount and in the same manner and at the same times as would have been the case if such option had not been exercised; 

(5) the Company and the Guarantor have complied with any additional conditions specified pursuant to Section 2.01 to
be applicable to the discharge of Securities of such series pursuant to this Section 8.01; and 
 (6) such
deposit and discharge shall not cause the Trustee to have a conflicting interest as defined in TIA Section 310(b). 
 In
such event, this Indenture shall cease to be of further effect (except as set forth in this paragraph), and the Trustee and the Guarantor, on demand of the Company, shall execute proper instruments acknowledging satisfaction and discharge under this
Indenture. However, the Company’s and the Guarantor’s respective obligations in Sections 2.05, 2.06, 2.07, 2.08, 2.09, 4.01, 4.02, 7.07, 7.08, 8.04 and 10.01, the Trustee’s and Paying Agent’s obligations in Section 8.03 and
the rights, powers, protections and privileges accorded the Trustee under Article VII shall survive until all Securities of such series are no longer outstanding. Thereafter, only the Company’s obligations in Section 7.07 and the
Trustee’s and Paying Agent’s obligations in Section 8.03 shall survive with respect to Securities of such series. 
 After such irrevocable deposit made pursuant to this Section 8.01(b) and satisfaction of the other conditions set forth herein, the Trustee upon request shall acknowledge in writing the discharge of
the Company’s and the Guarantor’s obligations under this Indenture with respect to the Securities of such series except for those surviving obligations specified above. 

In order to have money available on a payment date to pay principal of or premium (if any) or interest on the Securities, the Government
Obligations shall be payable as to principal or interest on or before such payment date in such amounts as will provide the necessary money. Government Obligations shall not be callable at the issuer’s option. 

(c) If the Company and the Guarantor have previously complied or are concurrently complying with Section 8.01(b) (other than any
additional conditions specified pursuant to Section 2.01 that are expressly applicable only to covenant defeasance) with respect to Securities of a series, then, unless this Section 8.01(c) is specified as not being applicable to
Securities of such series as contemplated by Section 2.01, the Company may elect that its and the Guarantor’s 

  
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respective obligations to make payments with respect to Securities of such series be discharged (“legal defeasance”), if: 

(1) no Default or Event of Default under clauses (5) and (6) of Section 6.01 hereof shall have occurred at
any time during the period ending on the 91st day after the date of deposit contemplated by Section 8.01(b) (it being understood that this condition shall not be deemed satisfied until the expiration of such period); 

(2) unless otherwise specified with respect to Securities of such series as contemplated by Section 2.01, the
Company has delivered to the Trustee an Opinion of Counsel from a nationally recognized counsel acceptable to the Trustee to the effect referred to in Section 8.01(b)(4) with respect to such legal defeasance, which opinion is based on
(i) a private ruling of the Internal Revenue Service addressed to the Company, (ii) a published ruling of the Internal Revenue Service pertaining to a comparable form of transaction or (iii) a change in the applicable federal income
tax law (including regulations) after the date of this Indenture; 
 (3) the Company and the Guarantor have
complied with any other conditions specified pursuant to Section 2.01 to be applicable to the legal defeasance of Securities of such series pursuant to this Section 8.01(c); and 

(4) the Company has delivered to the Trustee a Company Request requesting such legal defeasance of the Securities of such
series and an Officers’ Certificate stating that all conditions precedent with respect to such legal defeasance of the Securities of such series have been complied with, together with an Opinion of Counsel to the same effect. 

In such event, the Company and the Guarantor will be discharged from their respective obligations under this Indenture and the Securities
of such series to pay principal of, premium (if any) and interest on, and any Additional Amounts with respect to, Securities of such series, the Company’s and the Guarantor’s respective obligations under Sections 4.01, 4.02 and 10.01 shall
terminate with respect to such Securities, and the entire indebtedness of the Company evidenced by such Securities and of the Guarantor evidenced by the related Guarantees shall be deemed paid and discharged. 

(d) If and to the extent additional or alternative means of satisfaction, discharge or defeasance of Securities of a series are specified
to be applicable to such series as contemplated by Section 2.01, each of the Company and the Guarantor may terminate any or all of its obligations under this Indenture with respect to Securities of a series and any or all of its obligations
under the Securities of such series if it fulfills such other means of satisfaction and discharge as may be so specified, as contemplated by Section 2.01, to be applicable to the Securities of such series. 

(e) If Securities of any series subject to subsections (a), (b), (c) or (d) of this Section 8.01 are to be redeemed prior
to their Stated Maturity, whether pursuant to any optional redemption provisions or in accordance with any mandatory or optional sinking fund provisions, the terms of the applicable trust arrangement shall provide for such redemption, and the
Company shall make such arrangements as are reasonably satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company. 

  
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	SECTION	8.02 Application of Trust Money. 


The Trustee or a trustee satisfactory to the Trustee and the Company shall hold in trust money or Government Obligations deposited with it
pursuant to Section 8.01 hereof. It shall apply the deposited money and the money from Government Obligations through the Paying Agent and in accordance with this Indenture to the payment of principal of, premium (if any) and interest on and
any Additional Amounts with respect to the Securities of the series with respect to which the deposit was made. 
  

	SECTION	8.03 Repayment to Company or Guarantor. 

 The Trustee and the Paying Agent shall promptly pay to the Company or the Guarantor any excess money or Government Obligations (or proceeds therefrom) held by them at any time upon the written request of
the Company. 
 Subject to the requirements of any applicable abandoned property laws, the Trustee and the Paying Agent shall
pay to the Company upon written request any money held by them for the payment of principal, premium (if any), interest or any Additional Amounts that remain unclaimed for two years after the date upon which such payment shall have become due. After
payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and the Paying Agent with respect
to such money shall cease. 
  

	SECTION	8.04 Reinstatement. 

 If the
Trustee or the Paying Agent is unable to apply any money or Government Obligations deposited with respect to Securities of any series in accordance with Section 8.01 by reason of any legal proceeding or by reason of any order or judgment of any
court or governmental authority enjoining, restraining or otherwise prohibiting such application, the obligations of the Company and the Guarantor under this Indenture with respect to the Securities of such series and under the Securities of such
series shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.01 until such time as the Trustee or the Paying Agent is permitted to apply all such money or Government Obligations in accordance with
Section 8.01; provided, however, that if the Company or the Guarantor has made any payment of principal of, premium (if any) or interest on or any Additional Amounts with respect to any Securities because of the reinstatement of its
obligations, the Company or the Guarantor, as the case may be, shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money or Government Obligations held by the Trustee or the Paying Agent. 

  
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 ARTICLE IX 
 SUPPLEMENTAL INDENTURES AND AMENDMENTS 
  

	SECTION	9.01 Without Consent of Holders. 


The Company, the Guarantor and the Trustee may amend or supplement this Indenture or the Securities or waive any provision hereof or
thereof without the consent of any Holder: 
 (1) to cure any ambiguity, omission, defect or inconsistency; 

(2) to comply with Section 5.01; 
 (3) to provide for uncertificated Securities in addition to or in place of certificated Securities, or to provide for the issuance of bearer Securities (with or without coupons); 

(4) to provide any security for, or to add any guarantees of or additional obligors on, any series of Securities or the related
Guarantees; 
 (5) to comply with any requirement in order to effect or maintain the qualification of this Indenture under the
TIA; 
 (6) to add to the covenants of the Company or the Guarantor for the benefit of the Holders of all or any series of
Securities (and if such covenants are to be for the benefit of less than all series of Securities, 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 the Guarantor; 
 (7) to add any additional Events of Default with respect to all or any series of the
Securities (and, if any Event of Default is applicable to less than all series of Securities, specifying the series to which such Event of Default is applicable); 
 (8) 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 Security of any series created
prior to the execution of such amendment or supplemental indenture that is adversely affected in any material respect by such change in or elimination of such provision; 
 (9) to establish the form or terms of Securities of any series as permitted by Section 2.01; 
 (10) 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 Securities pursuant to
Section 8.01; provided, however, that any such action shall not adversely affect the interest of the Holders of Securities of such series or any other series of Securities in any material respect; or 

(11) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or
more series 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 7.08.


  
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 Upon the request of the Company, accompanied by a Board Resolution, and upon receipt by the
Trustee of the documents described in Section 9.06, the Trustee shall, subject to Section 9.06, join with the Company and the Guarantor in the execution of any supplemental indenture authorized or permitted by the terms of this Indenture
and make any further appropriate agreements and stipulations that may be therein contained. 
  

	SECTION	9.02 With Consent of Holders. 


Except as provided below in this Section 9.02, the Company, the Guarantor and the Trustee may amend or supplement this Indenture with
the written consent (including consents obtained in connection with a tender offer or exchange offer for Securities of any one or more series or all series or a solicitation of consents in respect of Securities of any one or more series or all
series, provided that in each case such offer or solicitation is made to all Holders of then outstanding Securities of each such series (but the terms of such offer or solicitation may vary from series to series)) of the Holders of at least a
majority in principal amount of the then outstanding Securities of all series affected by such amendment or supplement (acting as one class). 
 Upon the request of the Company, accompanied by a Board Resolution, and upon the filing with the Trustee of evidence of the consent of the Holders as aforesaid, and upon receipt by the Trustee of the
documents described in Section 9.06, the Trustee shall, subject to Section 9.06, join with the Company and the Guarantor in the execution of such amendment or supplemental indenture. 

It shall not be necessary for the consent of the Holders under this Section 9.02 to approve the particular form of any proposed
amendment, supplement or waiver, but it shall be sufficient if such consent approves the substance thereof. 
 The Holders of a
majority in principal amount of the then outstanding Securities of one or more series or of all series may waive compliance in a particular instance by the Company or the Guarantor with any provision of this Indenture with respect to Securities of
such series (including waivers obtained in connection with a tender offer or exchange offer for Securities of such series or a solicitation of consents in respect of Securities of such series, provided that in each case such offer or solicitation is
made to all Holders of then outstanding Securities of such series (but the terms of such offer or solicitation may vary from series to series)). 
 However, without the consent of each Holder affected, an amendment, supplement or waiver under this Section 9.02 may not: 
 (1) reduce the amount of Securities whose Holders must consent to an amendment, supplement or waiver; 
 (2) reduce the rate of or change the time for payment of interest, including default interest, on any Security; 

  
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 (3) reduce the principal of, any premium on or any mandatory sinking fund payment with
respect to, or change the Stated Maturity of, any Security or reduce the amount of the principal of an Original Issue Discount Security that would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to
Section 6.02; 
 (4) reduce the premium, if any, payable upon the redemption of any Security or change the time at which
any Security may or shall be redeemed; 
 (5) change any obligation of the Company or the Guarantor to pay Additional Amounts
with respect to any Security; 
 (6) change the coin or currency or currencies (including composite currencies) in which any
Security or any premium, interest or Additional Amounts with respect thereto are payable; 
 (7) impair the right to institute
suit for the enforcement of any payment of principal of, premium (if any) or interest on or any Additional Amounts with respect to any Security pursuant to Sections 6.07 and 6.08, except as limited by Section 6.06; 

(8) make any change in the percentage of principal amount of Securities necessary to waive compliance with certain provisions of this
Indenture pursuant to Section 6.04 or 6.07 or make any change in this sentence of Section 9.02; or 
 (9) waive a
continuing Default or Event of Default in the payment of principal of, premium (if any) or interest on or Additional Amounts with respect to the Securities. 
 A supplemental indenture that changes or eliminates any covenant or other provision of this Indenture which has expressly been included solely for the benefit of one or more particular series of
Securities, or which modifies the rights of the Holders of 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 Securities of any other series.

 The right of any Holder to participate in any consent required or sought pursuant to any provision of this Indenture (and the
obligation of the Company or the Guarantor to obtain any such consent otherwise required from such Holder) may be subject to the requirement that such Holder shall have been the Holder of record of any Securities with respect to which such consent
is required or sought as of a date identified by the Company or the Guarantor in a notice furnished to Holders in accordance with the terms of this Indenture. 
 After an amendment, supplement or waiver under this Section 9.02 becomes effective, the Company shall mail to the Holders of each Security affected thereby a notice briefly describing the amendment,
supplement or waiver. Any failure of the Company to mail such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such amendment, supplement or waiver. 

  
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	SECTION	9.03 Compliance with Trust Indenture Act. 

 Every amendment or supplement to this Indenture or the Securities shall comply in form and substance with the TIA as then in effect. 

 

	SECTION	9.04 Revocation and Effect of Consents. 

 Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that
evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to his or her Security or portion of a Security if
the Trustee receives written notice of revocation before a date and time therefor identified by the Company or the Guarantor in a notice furnished to such Holder in accordance with the terms of this Indenture or, if no such date and time shall be
identified, the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder. 

The Company or the Guarantor may, but shall not be obligated to, fix a record date (which need not comply with TIA Section 316(c))
for the purpose of determining the Holders entitled to consent to any amendment, supplement or waiver or to take any other action under this Indenture. If a record date is fixed, then notwithstanding the provisions of the immediately preceding
paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not
such Persons continue to be Holders after such record date. No consent shall be valid or effective for more than 90 days after such record date unless consents from Holders of the principal amount of Securities required hereunder for such amendment
or waiver to be effective shall have also been given and not revoked within such 90-day period. 
 After an amendment,
supplement or waiver becomes effective, it shall bind every Holder, unless it is of the type described in any of clauses (1) through (9) of Section 9.02 hereof. In such case, the amendment, supplement or waiver shall bind each Holder
who has consented to it and every subsequent Holder that evidences the same debt as the consenting Holder’s Security. 
  

	SECTION	9.05 Notation on or Exchange of Securities. 

 If an amendment or supplement changes the terms of an outstanding Security, the Company may require the Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation
on the Security at the request of the Company regarding the changed terms and return it to the Holder. Alternatively, if the Company so determines, the Company in exchange for the Security shall issue, the Guarantor shall execute and the Trustee
shall authenticate a new Security that reflects the changed terms. Failure to make the appropriate notation or to issue a new Security shall not affect the validity of such amendment or supplement. 

  
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 Securities of any series authenticated and delivered after the execution of any amendment or
supplement 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 amendment or supplement. 
  

	SECTION	9.06 Trustee to Sign Amendments, etc. 

 The Trustee shall sign any amendment or supplement authorized pursuant to this Article if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the
Trustee. If it does, the Trustee may, but need not, sign it. In signing or refusing to sign such amendment or supplement, the Trustee shall be entitled to receive, and, subject to Section 7.01 hereof, shall be fully protected in relying upon,
an Officers’ Certificate and an Opinion of Counsel provided at the expense of the Company or the Guarantor as conclusive evidence that such amendment or supplement is authorized or permitted by this Indenture, that it is not inconsistent
herewith, and that it will be valid and binding upon the Company and the Guarantor in accordance with its terms. 
 ARTICLE X

 GUARANTEE 
  

	SECTION	10.01 Guarantee. 

 Subject to
Section 10.05, the Guarantor hereby unconditionally guarantees to the Holders from time to time of the Securities (a) the full and prompt payment of the principal of and any premium on any Security when and as the same shall become due,
whether at the Stated Maturity thereof, by acceleration, redemption or otherwise, and (b) the full and prompt payment of any interest on and any Additional Amounts with respect to any Security when and as the same shall become due, subject in
each case to any applicable grace period. Each payment by the Guarantor with respect to any Security shall be paid in the currency or currencies specified for payments on such Security as contemplated by Section 2.01 and pursuant to this
Indenture. The Guarantee hereunder constitutes a guarantee of payment and not of collection. 
 The obligations of the Guarantor
hereunder with respect to a series of Securities shall be absolute and unconditional and, subject to Article VIII, shall remain in full force and effect until the entire principal of, premium (if any) and interest on and any Additional Amounts with
respect to the Securities of such series shall have been paid or provided for in accordance with the provisions of such series and of this Indenture, irrespective of the validity, regularity or enforceability of any Security of such series or this
Indenture, any change or amendment thereto, the absence of any action to enforce the same, any waiver or consent by the Trustee or the Holder of any Security of such series with respect to any provision of such Security or this Indenture, the
recovery of any judgment against the Company or any action to enforce the same, or any other circumstances that may otherwise constitute a legal or equitable discharge or defense of the Guarantor. The Guarantor hereby waives presentment or demand of
payment or notice to the Guarantor with respect to such Security and the obligations evidenced thereby or hereby. The Guarantor further waives any right of set-off or counterclaim it may have against any Holder of a Security arising from any other
obligations any such Holder may have to the Company or the Guarantor. 

  
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 It is the intention of the Guarantor that the Guarantee not constitute a fraudulent transfer
or conveyance for purposes of any Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to the Guarantee. To effectuate the foregoing intention, the
obligations of the Guarantor hereunder shall be limited to the maximum amount as will, after giving effect to such maximum amount and all other contingent and fixed liabilities of the Guarantor (other than guarantees of the Guarantor in respect of
subordinated debt) that are relevant under such laws, result in the obligations of the Guarantor hereunder not constituting a fraudulent transfer or conveyance. 
  

	SECTION	10.02 Proceedings Against Guarantor. 

 In the event of a default in the payment of principal of or any premium on any Security when and as the same shall become due, whether at the Stated Maturity thereof, by acceleration, call for redemption
or otherwise, or in the event of a default in any sinking fund payment, or in the event of a default in the payment of any interest on or any Additional Amounts with respect to any Security when and as the same shall become due, each of the Trustee
and the Holder of such Security shall have the right to proceed first and directly against the Guarantor under this Indenture without first proceeding against the Company or exhausting any other remedies which the Trustee or such Holder may have and
without resorting to any other security held by it. 
 The Trustee shall have the right, power and authority to do all things it
deems necessary or advisable to enforce the provisions of this Indenture relating to the Guarantee and to protect the interests of the Holders of the Securities and, in the event of a default in payment of the principal of or any premium on any
Security when and as the same shall become due, whether at the Stated Maturity thereof, by acceleration, call for redemption or otherwise, or in the event of a default in the payment of any interest on or any Additional Amounts with respect to any
Security when and as the same shall become due, the Trustee may institute or appear in such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of its rights and the rights of the Holders, whether for
the specific enforcement of any covenant or agreement in this Indenture relating to the Guarantee or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. Without limiting the generality of the foregoing, in the
event of a default in payment of the principal of, premium (if any) and interest on or any Additional Amounts with respect to any Security when due, the Trustee 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 Guarantor and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Guarantor, wherever
situated. 
  

	SECTION	10.03 Subrogation. 

 The
Guarantor shall be subrogated to all rights against the Company of any Holder of Securities of a series in respect of any amounts paid by the Guarantor pursuant to the provisions of the Guarantee; provided, however, that the Guarantor shall be
entitled to enforce, or to receive any payments arising out of or based upon, such right of subrogation only after the principal of, premium (if any) and interest on and any Additional Amounts with respect to all Securities of such series have been
paid in full. 

  
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	SECTION	10.04 Guarantee for Benefit of Holders. 

 The Guarantee contained in this Indenture is entered into by the Guarantor for the benefit of the Holders from time to time of the Securities. Such provisions shall not be deemed to create any right in,
or to be in whole or in part for the benefit of, any Person other than the Trustee, the Guarantor, the Holders from time to time of the Securities and their permitted successors and assigns. 

 

	SECTION	10.05 Effectiveness of Guarantee. 


The Guarantee contained in this Indenture shall not be effective until such time as the Company and the Guarantor shall deliver an
Officers’ Certificate to the Trustee stating that the Guarantee contained in this Indenture is effective. 
 ARTICLE XI

 MISCELLANEOUS 
  

	SECTION	11.01 Trust Indenture Act Controls. 

 If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by operation of TIA Section 318(c), the imposed duties shall control. 

 

	SECTION	11.02 Notices. 

 Any notice or
communication by the Company, the Guarantor or the Trustee to the others is duly given if in writing and delivered in person or mailed by first-class mail (registered or certified, return receipt requested), telex, facsimile or overnight air courier
guaranteeing next day delivery, to the other’s address: 
 If to the Company: 

Phillips 66 

600 North Dairy Ashford 
 Houston, Texas 77079 
 Attn: General Counsel 

Telephone: (281) 293-6600 
 Facsimile: (281) 293-6067 
 If to the Guarantor: 

Phillips 66 Company c/o Phillips 66 
 600 North Dairy Ashford 
 Houston, Texas 77079 

Attn: General Counsel 
 Telephone: (281) 293-6600 
 Facsimile: (281) 293-6067 

  
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 If to the Trustee: 
 The Bank of New York Mellon Trust Company, N.A. 
 601 Travis
Street, 16th Floor 

Houston, Texas 77002 
 Attn: Corporate Trust Administration 
 Telephone: (713) 483-6536 

Facsimile: (713) 483-6954 
 The Company, the Guarantor or the Trustee by notice to the others may designate additional or different addresses for subsequent notices or communications. 

All notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five
Business Days after being deposited in the mail, postage prepaid, if mailed; when answered back, if telexed; when receipt acknowledged, if by facsimile; and the next Business Day after timely delivery to the courier, if sent by overnight air courier
guaranteeing next day delivery. 
 Any notice or communication to a Holder shall be mailed by first-class mail, postage prepaid,
to the Holder’s address shown on the register kept by the Registrar. Failure to mail a notice or communication to a Holder or any defect in it shall not affect its sufficiency with respect to other Holders. 

If a notice or communication is mailed in the manner provided above within the time prescribed, it is duly given, whether or not the
addressee receives it, except in the case of notice to the Trustee, it is duly given only when received. 
 If the Company or
the Guarantor mails a notice or communication to Holders, it shall mail a copy to the others and to the Trustee and each Agent at the same time. 
 All notices or communications, including without limitation notices to the Trustee, the Company or the Guarantor by Holders, shall be in writing, except as otherwise set forth herein. 

In case by reason of the suspension of regular mail service, or by reason of any other cause, it shall be impossible to mail any notice
required by this Indenture, then such method of notification as shall be made with the approval of the Trustee shall constitute a sufficient mailing of such notice. 
 In addition to the foregoing, the Trustee agrees to accept and act upon notice, instructions or directions pursuant to this Indenture sent by unsecured e-mail or other similar unsecured electronic
methods. If the party elects to give the Trustee e-mail instructions (or instructions by a similar electronic method) and the Trustee in its discretion elects to act upon such instructions, the Trustee’s understanding of such instructions shall
be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions notwithstanding such instructions conflict or are
inconsistent with a subsequent written instruction. The party providing electronic instructions agrees to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without
limitation the risk of the Trustee acting on unauthorized instructions, and the risk or interception and misuse by third parties. 

  
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	SECTION	11.03 Communication by Holders with Other Holders. 

 Holders may communicate pursuant to TIA Section 312(b) with other Holders with respect to their rights under this Indenture or the Securities. The Company, the Guarantor, the Trustee, the Registrar
and anyone else shall have the protection of TIA Section 312(c). 
  

	SECTION	11.04 Certificate and Opinion as to Conditions Precedent. 

 Upon any request or application by the Company or the Guarantor to the Trustee to take any action under this Indenture, the Company or the Guarantor, as the case may be, shall, if requested by the
Trustee, furnish to the Trustee at the expense of the Company or the Guarantor, as the case may be: 
 (1) an Officers’
Certificate (which shall include the statements set forth in Section 11.05) stating that, in the opinion of the signers, all conditions precedent and covenants, if any, provided for in this Indenture relating to the proposed action have been
complied with; and 
 (2) an Opinion of Counsel (which shall include the statements set forth in Section 11.05 hereof)
stating that, in the opinion of such counsel, all such conditions precedent and covenants have been complied with. 
  

	SECTION	11.05 Statements Required in Certificate or Opinion. 

 Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a certificate provided pursuant to TIA Section 314(a)(4)) shall comply
with the provisions of TIA Section 314(e) and shall include: 
 (1) a statement that the Person making such certificate or
opinion has read such covenant or condition; 
 (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 such Person, he or she has made such examination or investigation as is necessary to enable him or her 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 or not, in the opinion of such Person, such condition or covenant has been complied with. 

  
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	SECTION	11.06 Rules by Trustee and Agents. 

 The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar or the Paying Agent may make reasonable rules and set reasonable requirements for its functions. 

 

	SECTION	11.07 Legal Holidays. 

 If a
payment date is a Legal Holiday at a Place of Payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. 

 

	SECTION	11.08 No Recourse Against Others. 


A director, officer, employee, stockholder, partner or other owner of the Company, the Guarantor or the Trustee, as such, shall not have
any liability for any obligations of the Company under the Securities, for any obligations of the Guarantor under the Guarantee, or for any obligations of the Company, the Guarantor or the Trustee under this Indenture or for any claim based on, in
respect of or by reason of such obligations or their creation. Each Holder by accepting a Security waives and releases all such liability. The waiver and release shall be part of the consideration for the issue of Securities. 

 

	SECTION	11.09 Governing Law; Waiver of Jury Trial. 

 THIS INDENTURE, THE SECURITIES AND THE GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF
LAWS TO THE EXTENT THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 
 EACH OF THE COMPANY AND THE GUARANTOR
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT THAT IT MAY EFFECTIVELY DO SO UNDER APPLICABLE LAW, TRIAL BY JURY. 
  

	SECTION	11.10 No Adverse Interpretation of Other Agreements. 

 This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company, the Guarantor or any Subsidiary. Any such indenture, loan or debt agreement may not be used to
interpret this Indenture. 
  

	SECTION	11.11 Successors. 

 All
agreements of the Company and the Guarantor in this Indenture and the Securities shall bind its successors. All agreements of the Trustee in this Indenture shall bind its successors. 

  
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	SECTION	11.12 Severability. 

 In case any
provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall, to the fullest extent permitted by applicable law, not in any way be affected
or impaired thereby. 
  

	SECTION	11.13 Counterpart Originals. 


The parties may sign any number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the
same agreement. 
  

	SECTION	11.14 Table of Contents, Headings, etc. 

 The table of contents, cross-reference table and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof and
shall in no way modify or restrict any of the terms or provisions hereof. 

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

			
	PHILLIPS 66
		
	By:	 	/s/ Frances M. Vallejo
	Name: Frances M. Vallejo
	Title: Vice President and Treasurer


  

			
	PHILLIPS 66 COMPANY
		
	By:	 	/s/ Frances M. Vallejo
	Name: Frances M. Vallejo
	Title: Vice President and Treasurer


  

			
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
		
	By:	 	/s/ Marcella Burgess
	Name: Marcella Burgess
	Title: Vice President