Form of Fixed Rate Senior Notes



 Exhibit 4.2 

[FORM OF FIXED RATE SENIOR NOTES] 

INTEREST PAYMENTS ON THIS SECURITY GENERALLY WILL BE SUBJECT TO JAPANESE WITHHOLDING TAX UNLESS IT IS ESTABLISHED THAT THIS SECURITY IS HELD
BY OR FOR THE ACCOUNT OF A BENEFICIAL OWNER THAT IS (I) FOR JAPANESE TAX PURPOSES, NEITHER (X) AN INDIVIDUAL RESIDENT OF JAPAN OR A JAPANESE CORPORATION, NOR (Y) AN INDIVIDUAL NON-RESIDENT OF JAPAN OR A NON-JAPANESE CORPORATION THAT
IN EITHER CASE IS A SPECIALLY-RELATED PERSON OF THE COMPANY, (II) A JAPANESE DESIGNATED FINANCIAL INSTITUTION DESCRIBED IN ARTICLE 6, PARAGRAPH 9 OF THE SPECIAL TAXATION MEASURES ACT WHICH COMPLIES WITH THE REQUIREMENT FOR TAX EXEMPTION UNDER THAT
PARAGRAPH OR (III) A PUBLIC CORPORATION, A FINANCIAL INSTITUTION OR A FINANCIAL INSTRUMENTS BUSINESS OPERATOR DESCRIBED IN ARTICLE 3-3, PARAGRAPH 6 OF THE SPECIAL TAXATION MEASURES ACT WHICH COMPLIES WITH THE REQUIREMENT FOR TAX EXEMPTION UNDER THAT
PARAGRAPH. 
 INTEREST PAYMENTS ON THIS SECURITY TO AN INDIVIDUAL RESIDENT OF JAPAN, TO A JAPANESE CORPORATION NOT DESCRIBED IN THE
PRECEDING PARAGRAPH, OR TO AN INDIVIDUAL NON-RESIDENT OF JAPAN OR A NON-JAPANESE CORPORATION THAT IN EITHER CASE IS A SPECIALLY-RELATED PERSON OF THE COMPANY WILL BE SUBJECT TO DEDUCTION IN RESPECT OF JAPANESE INCOME TAX AT A CURRENT RATE OF 15.315%
OF THE AMOUNT OF SUCH INTEREST. 

  
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		  		  	CUSIP Number:	 	[    ]	  	
		  		  	ISIN Code:	 	[    ]	  	
		  		  	Common Code:	 	[    ]	  	

  

			
	No. [    ]	  	$[    ]

 MITSUBISHI UFJ FINANCIAL GROUP, INC. 

GLOBAL SECURITY 

[    ]% SENIOR NOTES DUE
[                    ] 
 Mitsubishi UFJ
Financial Group, Inc., a corporation (kabushiki kaisha) established under the laws of Japan (the “Company”), for value received, hereby promises to pay to [Cede & Co.], or registered assigns, on
[                    ], the principal sum set forth above or such other amount as is shown on the Register on
[                    ] in United States Dollars at the Company’s office or agency for said purpose in the Borough of Manhattan, The City of New
York (or at such other office or agency as the Company shall have appointed for such purpose), in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts, and
to pay interest, semi-annually in arrears on [                    ] and
[                    ] of each year, on said principal sum in like coin or currency at the rate per annum set forth above (computed on the basis of a
360-day year of twelve 30-day months) at said office or agency from [                    ] or
[                    ], as the case may be, next preceding the date of this Security to which interest on the Securities has been paid or duly
provided for, unless the date hereof is a date to which interest on the Securities has been paid or duly provided for, in which case from the date of this Security, or unless no interest has been paid or duly provided for on the Securities, in which
case from [                    ], until payment of said principal sum has been made or duly provided for. 

Notwithstanding the foregoing, if the date hereof is after 5 p.m., New York City time, on the day five Business Days immediately preceding the
following [                    ] or
[                    ], as the case may be, this Security shall bear interest from such
[                    ] or [                    ];
provided, however, that if the Company shall default in the payment of interest due on such [                    ] or
[                    ] (in either case, as such date is extended by the period of grace set forth in the Indenture), then this Security shall bear
interest from the next preceding [                    ] or
[                    ] to which interest has been paid or duly provided for, or, if no interest has been paid or duly provided for on this Security,
from [                    ]. The interest so payable on any
[                    ] or [                    ]
will be paid to the person in whose name this Security is registered at 5 p.m., New York City time, on the day five Business Days immediately preceding such
[                    ] or [                    ]
(each, a “record date”); provided that, unless this Security is a Global Security, interest may be paid, at the option of the Company, by mailing a check therefor payable to the registered holder entitled thereto at his last
address as it appears on the Register. As used herein, “Business Day” means a day which is not a day on which banking institutions in New York City and Tokyo are authorized by law or regulation to close. 

This Security is being deposited with DTC acting as depositary, and registered in the name of Cede & Co., a nominee of DTC.
Cede & Co., as holder of record of this Security, shall be entitled to receive payments of principal and interest, other than principal and interest due upon redemption. Payment of interest on this Security will be made (i) by U.S.
dollar check drawn on a bank in New York City mailed to the registered holder at its registered address or (ii) by wire transfer in immediately available funds to a U.S. dollar account maintained by the registered holder with a bank in New York
City. 
 Reference is made to the further provisions set forth on the reverse hereof. Such further provisions shall for all purposes have
the same effect as though fully set forth at this place. 
 This Security shall not be valid or obligatory until the certificate of
authentication hereon shall have been duly signed by the Trustee acting under the Indenture. 

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

Dated: 
  

					
	 MITSUBISHI UFJ FINANCIAL GROUP, INC.

		
	 By:
	 	  

		 	Name:	 	
		 	Title:	 	



  
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 Certificate of Authentication 

This is one of the Global Securities described in the within-mentioned Indenture. 

 

			
	THE BANK OF NEW YORK MELLON
	as Trustee
		
	By:	 	  

		 	Name:
		 	Title:



  
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 REVERSE OF SECURITY 
  

	1.	General 

 (a) This Security is one of a duly authorized issue of debt securities of the
Company, issued or to be issued pursuant to an indenture dated as of [                    ] (the “Indenture”), duly executed and
delivered by the Company to The Bank of New York Mellon, as Trustee (herein called the “Trustee”). Reference is hereby made to the Indenture and all indentures supplemental thereto for a description of the rights, limitations of
rights, obligations, duties and immunities thereunder of the Trustee, the Company and the holders (the words “holders” or “holder” meaning the registered holders or registered holder) of the Securities. Terms used
herein not otherwise defined shall have the meaning ascribed to such term in the Indenture. 
 (b) The Securities will constitute direct,
unconditional, unsubordinated and unsecured obligations of the Company and rank senior to all of the existing and future subordinated debt of the Company and equally in right of payment with all of the existing and future unsecured and
unsubordinated debt of the Company (except for statutorily preferred exceptions) from time to time outstanding. 
 (c) If the date for
payment of principal of, or interest on, the Securities or the date fixed for redemption of the Securities shall not be a Business Day, then payment of principal or interest need not be made on such date, but may be made on the next succeeding
Business Day with the same force and effect as if made on the date for payment of principal of, or interest on, the Securities or the date fixed for redemption, and no interest shall accrue for the period after such date. 

(d) Certain provisions herein are summaries of, and subject to, the detailed provisions of the Indenture. 

 

	2.	Additional Amounts 

 Subject to certain exceptions as set forth in the Indenture, all
payments of principal and interest in respect of the Securities by the Company shall be made without withholding or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed
or levied by or on behalf of Japan, or any political sub-division of, or any authority in, or of, Japan having power to tax (“Japanese Taxes”), unless such withholding or deduction is required by law. In that event, the Company
shall pay to the holder of each Security such additional amounts (all such amounts being referred to herein as “Additional Amounts”) as may be necessary so that the net amounts received by it after such withholding or deduction
shall equal the respective amounts which would have been receivable in respect of such Security in the absence of such withholding or deduction, provided that, no Additional Amounts shall be payable in relation to any withholding or deduction
as set forth in the Indenture. 
 No additional amounts will be payable for or on account of any deduction or withholding imposed pursuant
to Sections 1471-1474 of the U.S. Internal Revenue Code of 1986 (or any amended or successor version of such Sections), the U.S. Treasury regulations thereunder and any other official guidance thereunder (“FATCA”), any agreement
(including any intergovernmental agreement) entered into with respect to FATCA, or any law, regulation or other official guidance enacted in any jurisdiction implementing, or relating to, FATCA, similar legislation under the laws of any other
jurisdiction, or any such intergovernmental agreement. 
 References to principal or interest in respect of this Security shall be deemed to
include any Additional Amounts due in respect of Japanese Taxes which may be payable as set forth in this Security and the Indenture. 

  
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	3.	Optional Tax Redemption 

 The Securities may, subject to prior confirmation of the
Financial Services Agency of Japan (the “FSA”) (if such confirmation is required under Japanese banking laws and regulations then in effect), be redeemed at the option of the Company, in whole but not in part, at any time, on not
less than 30 nor more than 60 days’ prior notice, at a redemption price equal to 100% of the principal amount of the Securities then outstanding (plus accrued and unpaid interest to (but excluding) the date fixed for redemption and Additional
Amounts, if any), if the Company determines and certifies to the Trustee prior to giving notice of redemption that, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated thereunder) of Japan (or any
political subdivision or taxing authority of Japan) affecting taxation, or any change in the official position regarding the application or interpretation of such laws, regulations or rulings (including a holding, judgment, or order by a court of
competent jurisdiction), which change, amendment, application or interpretation becomes effective on or after [                    ], the Company is,
or on the next interest payment date would be, required to pay any Additional Amounts in respect of Japanese Taxes which cannot be avoided by measures reasonably available to the Company; provided that, no such notice of redemption shall be
given earlier than 90 days prior to the earliest date on which the Company would be obligated to make such payment of Additional Amounts if a payment in respect of the Securities were then due. Prior to the mailing of any notice of redemption of the
Securities pursuant to the foregoing, the Company will deliver to the Trustee a certificate signed by a Responsible Officer of the Company stating that the conditions precedent to such redemption have been fulfilled and an opinion of an independent
tax counsel or tax consultant of recognized standing reasonably satisfactory to the Trustee to the effect that the circumstances referred to above exist. The Trustee shall accept such certificate and opinion as sufficient evidence of the
satisfaction of the conditions precedent described above, in which event it shall be conclusive and binding on the Securityholders. 
  

	4.	Event of Default; Acceleration of Maturity; Waiver of Default 

 In case an Event of
Default, as defined in the Indenture, shall have occurred and be continuing, the entire principal of all the Securities, and the interest accrued thereon, may be declared due and payable immediately, in the manner and with the effect, and subject to
the conditions, provided in the Indenture. The Indenture provides that in certain circumstances such declaration and its consequences may be waived by the holders of a majority in aggregate principal amount of the Securities then Outstanding and
that, prior to any such declaration, such holders may waive any past default under the Indenture and its consequences except a default in the payment of principal of or interest on any of the Securities. Any such consent or waiver by the holder of
this Security (unless revoked as provided in the Indenture) shall be conclusive and binding upon such holder and upon all future holders and owners of this Security and any Security which may be issued in exchange or substitution herefor, whether or
not any notation in regard thereto is made upon this Security or such other Securities. 
  

	5.	Supplemental Indentures 

 The Indenture permits the Company and the Trustee, with the
consent (evidenced as provided in the Indenture) of the holders of not less than a majority in aggregate principal amount of the Securities then Outstanding, to enter into supplemental indentures, from time to time and at any time, for the purpose
of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of any supplemental indenture or of modifying in any manner the rights of the holders of the Securities; provided, that no such
supplemental indenture shall (a) extend the final maturity of the security or of any installment of principal of any Security, or reduce the principal amount, or reduce the rate or extend the time of payment of interest, or reduce any amount
payable on redemption, or change the currency in which the principal, including any amount of original issue discount, premium, or interest on, any Security, or modify or amend the provisions for conversion of any currency into another currency, or
change any of the Company’s obligations to pay any Additional Amounts, or reduce the amount of any original issue discount security payable upon acceleration or provable in bankruptcy, or impair the right of any holder to institute suit for the
enforcement of any payment on any Security when due, or alter the terms on which holders of any Security may convert or exchange senior debt securities for stock or other securities or for other property or the cash value of the property, other than
in accordance with the anti-dilution provisions or other similar adjustment provisions included in the terms of the Securities; or (b) reduce the aforesaid percentage of Securities, the consent of the holders of which is required for any such
modification of the Indenture, without the consent of the holder of each Security so affected. 

  
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	6.	Agreement with Respect to Certain Transfers of Business Under Specified Circumstances 


Notwithstanding anything to the contrary in the Indenture or this Security, the holder of each Security acknowledges, accepts, consents and
agrees that the Indenture will not limit any sales, assignments, transfers or conveyances of business made with the permission of a Japanese court in accordance with Article 126-13 of the Deposit Insurance Act (or any successor provision thereto),
including any such sales, assignments, transfers or conveyances made pursuant to the authority of the Deposit Insurance Corporation to represent and manage and dispose of the Company’s assets under Article 126-5 of the Deposit Insurance Act (or
any successor provision thereto) with the permission of a Japanese court in accordance with Article 126-13 of the Deposit Insurance Act (or any successor provision thereto), which permission may be granted by a Japanese court in accordance therewith
if (i) the Company is under special supervision by, or under special control of, the Deposit Insurance Corporation pursuant to the Deposit Insurance Act, and (ii) the Company’s liabilities exceed, or are likely to exceed, its assets, or the
Company has suspended, or is likely to suspend, payment of its obligations. 
  

	7.	Denominations; Exchange; Transfer 

 The Securities are issuable only as registered
securities without coupons in minimum principal amounts of $[            ] and in integral multiples of $[            ] in excess
thereof. 
 At the office or agency of the Company referred to on the face hereof or the office of the Trustee or Registrar and in the
manner and subject to the limitations provided in the Indenture, Securities may be exchanged for a like aggregate principal amount of Securities of other authorized denominations. 

Upon due presentment for registration of transfer of this Security at the above-mentioned office or agency of the Company or the office of the
Trustee or Registrar, a new Security or Securities of authorized denominations, for a like aggregate principal amount, will be issued to the transferee as provided in the Indenture. No service charge shall be made for any such transfer, but the
Company or the Trustee may require payment of a sum sufficient to cover any duty, tax or governmental charge or insurance charge that may be imposed in relation thereto. 
  

	8.	Holders to Be Treated as Owners 

 The Company, the Trustee and any authorized agent of
the Company or the Trustee may deem and treat the registered holder hereof as the absolute owner of this Security (whether or not this Security shall be overdue and notwithstanding any notation of ownership or other writing hereon made by anyone
other than the Company or the Trustee or any authorized agent of the Company or the Trustee), for the purpose of receiving payment of, or on account of, the principal hereof and, subject to the provisions on the face hereof and the Indenture,
interest hereon and for all other purposes, and neither the Company nor the Trustee nor any authorized agent of the Company or the Trustee shall be affected by any notice to the contrary. 

 

	9.	Incorporators, Stockholders, Officers and Directors of Company Exempt from Individual Liability 


No recourse under or upon any obligation, covenant or agreement contained in the Indenture, or herein, or because of any Indebtedness evidenced
thereby, shall be had against any incorporator, as such, or against any past, present or future stockholder, executive officer or director, as such, of the Company or of any successor, either directly or through the Company or any successor, under
any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issue
hereof, expressly waived and released. 
  

	10.	Governing Law 

 This Security and the rights of the holder hereof shall be governed by
and construed in accordance with the laws of the State of New York. 

  
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