Exhibit 4.2


 


[FACE OF NOTE]


 


UNLESS THIS NOTE IS PRESENTED
BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR BANK, S.A./N.V. AND CLEARSTREAM BANKING, SOCIÉTÉ ANONYME (“CLEARSTREAM”
AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO COLGATE-PALMOLIVE COMPANY OR ITS AGENT FOR REGISTRATION
OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES)
LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS
COMMON DEPOSITARY (THE “COMMON DEPOSITARY”) FOR EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK
DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE COMMON DEPOSITARY),
ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, HAS AN INTEREST HEREIN.


 


THIS
NOTE IS A GLOBAL SECURITY AND IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS NOMINEE OF THE
COMMON DEPOSITARY. UNLESS AND UNTIL THIS NOTE IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE, CERTIFICATED FORM, THIS
SECURITY MAY NOT BE TRANSFERRED EXCEPT as a whole by (1) the COMMON depositAry to a nominee of the COMMON depositAry, (2) by a
nominee of the COMMON depositAry to the COMMON depositAry or to another nominee of the COMMON depositAry or (3) by the COMMON depositAry
or any of its nominees to a successor of the COMMON depositAry or a nominee of the successor.


 


IF APPLICABLE, THE “TOTAL AMOUNT
OF OID,” “YIELD TO MATURITY” AND “INITIAL ACCRUAL PERIOD” (COMPUTED UNDER THE APPROXIMATE METHOD)
BELOW WILL BE COMPLETED SOLELY FOR THE PURPOSES OF APPLYING THE FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT RULES.


 


	REGISTERED

No. FXR-11	 	CUSIP No.: 194162AG8

ISIN No.: XS1958646082

Common Code: 195864608	 	PRINCIPAL AMOUNT:

€500,000,000


 


COLGATE-PALMOLIVE COMPANY

MEDIUM-TERM NOTE, SERIES H

(Fixed Rate)


 


	ORIGINAL ISSUE DATE: 

March 6, 2019	 	INTEREST RATE: 0.500%	 	STATED MATURITY DATE: March 6, 2026
	 	 	 	 	 
	INTEREST PAYMENT DATE:

o June 1 and December 1

x Other: March 6, 

commencing on March 6, 2020	 	o CHECK IF DISCOUNT NOTE 

Issue Price:	 	 




    	 



    	



    

	INITIAL REDEMPTION

DATE:	 	INITIAL REDEMPTION PERCENTAGE: %	 	*ANNUAL REDEMPTION PERCENTAGE REDUCTION: %
	 	 	 	 	 
	HOLDER’S OPTIONAL REPAYMENT

DATE(S): N/A	 	PAYING AGENT: Initially, The Bank of New York Mellon, London Branch	 	 
	 	 	 	 	 
	AUTHORIZED DENOMINATION:

o $ 1,000 and integral multiples thereof

x Other: €100,000 and integral multiples of €1,000 in excess thereof	 	SPECIFIED CURRENCY: EURO	 	 
	 	 	 	 	 
	ADDENDUM ATTACHED

x Yes

o No	 	OTHER / ADDITIONAL PROVISIONS: See Addendum attached hereto	 	 



 


COLGATE-PALMOLIVE COMPANY,
a Delaware corporation (the “Company”, which term includes any successor corporation under the Indenture hereinafter
referred to), for value received, hereby promises to pay to The Bank of New York Depository (Nominees) Limited as the nominee of
The Bank of New York Mellon, London Branch, as common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société
anonyme, or registered assigns, the Principal Amount of FIVE HUNDRED MILLION EURO, on the Stated Maturity Date specified above
(or any Redemption Date or Repayment Date, each as defined on the reverse hereof, or any earlier date of acceleration of maturity)
(each such date being hereinafter referred to as the “Maturity Date” with respect to the principal repayable on such
date) and to pay interest thereon (and on any overdue principal, premium and/or interest to the extent legally enforceable) at
the Interest Rate per annum specified above, until the principal hereof is paid or duly made available for payment.


 


The Company will pay
interest in arrears on each Interest Payment Date specified above (each, an “Interest Payment Date”), commencing with
the first Interest Payment Date next succeeding the Original Issue Date specified above, and on the Maturity Date; provided,
however, that if the Original Issue Date occurs between a Record Date (as defined below) and the next succeeding Interest
Payment Date, interest payments will commence on the second Interest Payment Date next succeeding the Original Issue Date to the
registered holder of this Note (the “Holder”) on the Record Date with respect to such second Interest Payment Date.


 


Interest on this Note
will accrue from, and including, the most recent Interest Payment Date to which interest has been paid or duly provided for or,
from and including, the Original Issue Date if no interest has been paid or duly provided for, to, but excluding, the next Interest
Payment Date or the Maturity Date, as the case may be (each, an “Interest Period”). The interest


 


 



 


	* 	If an Initial Redemption Date is
specified above, (i) the Redemption Price will initially be the Initial Redemption Percentage specified above and shall
decline at each anniversary of the Initial Redemption Date shown above by the Annual Redemption Percentage Reduction specified
above until the Redemption Price is 100% of such principal amount, and (ii) this Note may be redeemed either in whole or from
time to time in part except if the following box is marked, this Note may be redeemed in whole only [    ]. If no Initial Redemption Date is specified above, this Note may not be redeemed prior to Maturity,
except as may be otherwise provided under Other Additional Provisions or in an Addendum hereto.






    	2



    	



    

so payable, and punctually
paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name
this Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether
or not a Business Day, as defined below) immediately preceding such Interest Payment Date (the “Record Date”); provided,
however, that interest payable on the Maturity Date will be payable to the Person to whom the principal hereof and premium,
if any, hereon shall be payable. Any such interest not so punctually paid or duly provided for on any Interest Payment Date (“Defaulted
Interest”) shall forthwith cease to be payable to the Holder at the close of business on any Record Date and, may either
be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on
a special record date (the “Special Record Date”) for the payment of such Defaulted Interest to be fixed by the Trustee,
notice whereof shall be given to the Holder of this Note by the Trustee not less than 10 calendar days prior to such Special Record
Date or may be paid at any time in any other lawful manner, all as more fully provided for in the Indenture.


 


Payment of principal,
premium, if any, and interest in respect of this Note due on the Maturity Date will be made in immediately available funds upon
presentation and surrender of this Note (and, with respect to any applicable repayment of this Note, upon delivery of a duly completed
election form as contemplated on the reverse hereof) at the office of the Trustee maintained for that purpose in the Borough of
Manhattan, The City of New York, New York in such coin or currency of the United States of America as at the time of payment is
legal tender for payment of public and private debts. Payment of interest due on any Interest Payment Date other than the Maturity
Date will be made at the aforementioned office of the Trustee or, at the option of the Company, by check mailed to the address
of the person entitled thereto as such address shall appear in the Security Register maintained by the Trustee; provided,
however, that a Holder of U.S.$10,000,000 or more in aggregate principal amount of Notes (whether having identical or different
terms and provisions) shall, at the option of the Company, be entitled to receive interest payments on such Interest Payment Date
by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing by the
Trustee not less than 15 calendar days prior to such Interest Payment Date. Any such wire transfer instructions received by the
Trustee shall remain in effect until revoked by such Holder. Notwithstanding the foregoing, if this Note is a Global Note as indicated
on the face hereof, any payment may be made pursuant to the applicable procedures of the Depositary.


 


If any Interest Payment
Date or the Maturity Date falls on a day that is not a Business Day, the required payment of principal, premium, if any, and/or
interest shall be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date
or Maturity Date, as the case may be, and no interest shall accrue with respect to such payment for the period from and after such
Interest Payment Date or the Maturity Date, as the case may be, to the date of such payment on the next succeeding Business Day.


 


As used herein, “Business
Day” means, unless otherwise specified on the face hereof, any day, other than a Saturday or Sunday, that is neither a legal
holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close in The City
of New York; provided, however, that, with respect to non-United States dollar-denominated notes, the day is also
not a day on which commercial banks are authorized or required by law, regulation or executive order to close in the Principal
Financial Center (as






    	3



    	



    

defined below) of the country issuing the specified currency or, if the specified currency is euro, the day
is also a Target Settlement Day (as defined below).


 


“Principal Financial
Center” means, unless otherwise specified on the face hereof, the capital city of the country issuing the specified currency
except, in each case, that with respect to United States dollars, Australian dollars, Canadian dollars, New Zealand dollars, South
African rand and Swiss francs, the “Principal Financial Center” will be The City of New York, Sydney, Toronto, Wellington,
Johannesburg and Zurich, respectively.


 


“Target Settlement
Day” means a day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System or any
successor is open.


 


Reference is hereby
made to the further provisions of this Note set forth on the reverse hereof and, if so specified on the face hereof, in an Addendum
hereto, which further provisions shall have the same force and effect as if set forth on the face hereof.


 


Notwithstanding the
foregoing, if an Addendum is attached hereto or “Other/Additional Provisions” apply to this Note as specified above,
this Note shall be subject to the terms set forth in such Addendum or such “Other/Additional Provisions.”


 


Unless the Certificate
of Authentication hereon has been executed by the Trustee by manual signature of one of its authorized officers, this Note shall
not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.



    	4



    	



    

IN WITNESS WHEREOF,
Colgate-Palmolive Company has caused this Note to be duly executed by one of its duly authorized officers.


 


	 	Colgate-Palmolive Company
	 	 
	 	By: 


	 	Name:
	 	Title:



 


Dated:


 


TRUSTEE'S CERTIFICATE OF AUTHENTICATION:


 





	This is one of the Debt Securities of

 the series designated therein referred 

to in the within-mentioned Indenture.	 



 


THE BANK OF NEW YORK MELLON,

as Trustee


 


	By:	 	 
	 	Authorized Signatory	 




    	 



    	



    

[REVERSE OF NOTE]


 


COLGATE-PALMOLIVE COMPANY 

MEDIUM-TERM NOTE, SERIES H 

(Fixed Rate)


 


This Note is one of
a duly authorized series of debt securities (the “Debt Securities”) of the Company issued and to be issued under an
Indenture, dated as of November 15, 1992, as amended, modified or supplemented from time to time (the “Indenture”),
between the Company and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee (the “Trustee”,
which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference
is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company,
the Trustee and the Holders of the Debt Securities, and of the terms upon which the Debt Securities are, and are to be, authenticated
and delivered. This Note is one of the Debt Securities of the series designated as “Medium-Term Notes, Series H, Due One
Year or More From Date of Issue” (the “Notes”). All terms used but not defined in this Note or in an Addendum
hereto shall have the meanings assigned to such terms in the Indenture or on the face hereof, as the case may be.


 


This Note is issuable
only in registered form without coupons in minimum denominations of U.S. $1,000 and integral multiples thereof or other Authorized
Denomination specified on the face hereof.


 


Except as otherwise
provided in the Indenture and as set forth below, the Notes will be issued in global form only, registered in the name of the Depositary
or its nominee and ownership of the Notes shall be maintained in book-entry form by the Depositary for the accounts of participating
organizations of the Depositary. If this Note is a global Note, this Note is exchangeable only if (i) the Depositary notifies the
Company that it is unwilling or unable to continue as Depositary for this global Note and a successor depositary is not appointed
by the Company within 60 days after the Depositary notifies the Company, (ii) the Company in its sole discretion determines that
this global Note shall be exchangeable for certificated Notes of this series in registered form or (iii) an Event of Default with
respect to the Notes represented hereby has occurred and is continuing.


 


Unless otherwise specified
on the face hereof in accordance with the provisions of the following two paragraphs, this Note will not be subject to any sinking
fund and will not be redeemable or repayable prior to the Stated Maturity Date.


 


This Note will be subject
to redemption at the option of the Company on any date on or after the Initial Redemption Date, if any, specified on the face hereof,
in whole or from time to time in part in increments of U.S. $1,000 unless otherwise specified above (provided that any remaining
principal amount hereof shall be at least U.S. $1,000 unless otherwise specified above), at the Redemption Price (as defined below),
together with unpaid interest accrued hereon to the date fixed for redemption (the “Redemption Date”), on written notice
given to the Holder hereof (in accordance with the provisions of the Indenture) not more than 60 nor less than 30 calendar days
prior to the Redemption Date. In the event of redemption of this Note in part only,



    	6



    	



    

a new Note of like tenor for the unredeemed
portion hereof and otherwise having the same terms and provisions as this Note shall be issued by the Company in the name of the
Holder hereof upon the presentation and surrender hereof.


 


Unless otherwise specified
above, the “Redemption Price” shall be the Initial Redemption Percentage specified on the face hereof (as adjusted
by the Annual Redemption Percentage Reduction, if any, specified on the face hereof) multiplied by the principal amount of this
Note to be redeemed.


 


This Note may be subject
to repayment by the Company at the option of the Holder hereof on the Optional Repayment Date(s), if any, specified on the face
hereof, in whole or in part in increments of U.S. $1,000 (provided that any remaining principal amount hereof shall be at least
U.S. $1,000), at a repayment price equal to 100% of the principal amount to be repaid, together with unpaid interest accrued thereon
to the date fixed for repayment (the “Repayment Date”). For this Note to be repaid in whole or in part at the option
of the Holder hereof, the Trustee must receive at its corporate trust office not more than 60 nor less than 30 calendar days prior
to the Repayment Date, this Note with the form entitled “Option to Elect Repayment” below duly completed. Exercise
of such repayment option by the Holder hereof shall be irrevocable. In the event of repayment of this Note in part only, a new
Note of like tenor for the unrepaid portion hereof and otherwise having the same terms and provisions as this Note shall be issued
by the Company in the name of the Holder hereof upon the presentation and surrender hereof.


 


If the Discount Note
box above is checked, the amount payable to the Holder of this Note in the event of redemption, repayment or acceleration of maturity
will be equal to the sum of (i) the Issue Price specified on the face hereof (increased by any accruals of the Discount, as defined
below, and reduced by any amounts of principal previously paid) and, in the event of any redemption of this Note (if applicable),
multiplied by the Initial Redemption Percentage (as adjusted by the Annual Redemption Percentage Reduction, if applicable) and
(ii) any unpaid interest accrued hereon to the Redemption Date, Repayment Date or date of acceleration of maturity, as the case
may be. The difference between the Issue Price specified above and 100% of the principal amount of this Note is referred to herein
as the “Discount”.


 


For purposes of determining
the amount of Discount that has accrued as of any Redemption Date, Repayment Date or date of acceleration of maturity of this Note,
such Discount will be accrued so as to cause the yield on the Note to be constant. The constant yield will be calculated using
a 30-day month, 360-day year convention, a compounding period that, except for the Initial Period (as defined below), corresponds
to the shortest period between Interest Payment Dates (with ratable accruals within a compounding period) and an assumption that
the maturity of this Note will not be accelerated. If the period from the Original Issue Date to the initial Interest Payment Date
(the “Initial Period”) is shorter than the compounding period for this Note, a proportionate amount of the yield for
an entire compounding period will be accrued. If the Initial Period is longer than the compounding period, then such period will
be divided into a regular compounding period and a short period, with the short period being treated as provided in the preceding
sentence.



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If an Event of Default
shall occur and be continuing, the principal of the Notes may be accelerated in the manner and with the effect provided in the
Indenture.


 


The Indenture permits
the amendment thereof for specified purposes, including, among other things, curing ambiguities and correcting inconsistencies,
by the Company and the Trustee without the consent of the Holders. The Indenture also permits, with certain exceptions as therein
provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders
of any series of Debt Securities to be adversely affected thereby at any time by the Company and the Trustee with the consent of
the Holders of a majority in aggregate principal amount of each series of Debt Securities at the time outstanding, adversely affected
thereby. The Indenture also contains provisions permitting the Holders of specified percentages in aggregate principal amount of
the outstanding Debt Securities of each series, on behalf of the Holders of Debt Securities of such series, to waive compliance
by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any
such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders
of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether
or not notation of such consent or waiver is made upon this Note.


 


No reference herein
to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay principal, premium, if any, and interest in respect of this Note at the times, places and rate
or formula, and in the coin or currency, herein prescribed.


 


As provided in the Indenture
and subject to certain limitations therein set forth, the transfer of this Note may be registered on the Security Register of the
Company upon surrender of this Note for registration of transfer at the office or agency of the Company in the Borough of Manhattan,
The City of New York, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company
and the Security Registrar duly executed by, the Holder hereof or by his attorney duly authorized in writing, and thereupon one
or more new Notes of Authorized Denominations and for the same aggregate principal amount with the same terms and provisions, will
be issued by the Company to the designated transferee or transferees.


 


The Notes are issuable
only in registered form without coupons and, if payable in U.S. dollars, only in denominations of U.S. $1,000 and any integral
multiple of U.S. $1,000. As provided in the Indenture and subject to certain limitations therein set forth, Notes of this series
are exchangeable for a like aggregate principal amount of Notes of this series of a different authorized denomination, as required
by the Holder surrendering the same.


 


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


 


Prior to due presentment
of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Holder
as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent
shall be affected by notice to the contrary, except as required by law.



    	8



    	



    

THE INDENTURE AND THIS
NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF LAW
PRINCIPLES.


 


Capitalized terms used
herein without definition which are defined in the Indenture shall have the meanings assigned to them in the Indenture.



    	9



    	



    

ABBREVIATIONS


 


The following abbreviations,
when used in the inscription on the face of this Note, shall be construed as though they were written out in full according to
applicable laws or regulations:


 


	TEN COM	 	-	as tenants in common	 	UNIF GIFT MIN ACT	 	-	 	Custodian	 
	TEN ENT	 	-	as tenants by the entireties	 	 	 	 	(Cust)	 	(Minor)
	JT TEN	 	-	as joint tenants with right of	 	 	 	Under Uniform Gifts to Minors
	 	 	 	survivorship and not as tenants	 	 	 	Act	 
	 	 	 	in common	 	 	 	 	(State)


 


Additional abbreviations may also be used
though not in the above list.


 


 





    	10



    	



    

ASSIGNMENT


 


FOR VALUE RECEIVED, the undersigned hereby
sell(s), assign(s) and transfer(s) unto


 


	PLEASE INSERT SOCIAL SECURITY OR

OTHER IDENTIFYING NUMBER OF ASSIGNEE
	 	 



 


 


(Please print or typewrite name and address including postal zip code of assignee)


 


 


this Note and all rights thereunder hereby irrevocably constituting and appointing


 


 


Attorney to transfer this Note on the books
of the Company, with full power of substitution in the premises.


 


	Dated: 	 	 
	 	 	 
	 

	 	 
	 	 	 
	 	 	Notice: The signature(s) on this Assignment must correspond with the name(s) as written upon the face of this Note in every particular, without alteration or enlargement or any change whatsoever.




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[OPTION TO ELECT REPAYMENT]


 


The undersigned hereby
irrevocably request(s) and instruct(s) the Company to repay this Note (or portion hereof specified below) pursuant to its terms
at a price equal to 100% of the principal amount to be repaid, together with unpaid interest accrued hereon to the Repayment Date,
to the undersigned, 

at 




 



(Please print or typewrite
name and address of the undersigned)


 


For this Note to be
repaid, the Trustee must receive at its corporate trust office in the Borough of Manhattan, The City of New York, currently located
at 240 Greenwich Street, New York, New York 10286 not more than 60 nor less than 30 calendar days prior to the Repayment Date,
this Note with this “Option to Elect Repayment” form duly completed.


 


If less than the entire
principal amount of this Note is to be repaid, specify the portion hereof (which shall be increments of U.S. $1,000 unless otherwise
specified in the Note, provided that any remaining principal amount shall be at least U.S. $1,000 unless otherwise specified in
the Note) which the Holder elects to have repaid and specify the denomination or denominations (which shall be U.S. $1,000 or an
integral multiple thereof) of the Notes to be issued to the Holder for the portion of this Note not being repaid (in the absence
of any such specification, one such Note will be issued for the portion not being repaid).


 


	Principal Amount	 	 
	to be Repaid:        $ 
	 	 
	Dated:
	 	Notice: The signature(s) on this Option to Elect Repayment must correspond with the name(s) as written upon
the face of this Note in every particular, without alteration or enlargement or any change whatsoever.
	 	 




    	12



    	



    

COLGATE-PALMOLIVE COMPANY

MEDIUM-TERM NOTE, SERIES H

(FIXED RATE)

0.500% FIXED RATE NOTES DUE 2026


 


CUSIP / ISIN / Common Code: 194162AG8
/ XS1958646082 / 195864608


 


ADDENDUM TO MEDIUM-TERM NOTE


 


Any references below
to “the Notes” means the Company’s Fixed Rate Medium-Term Notes, Series H, due 2026, and any reference below
to “this Note,” mean the Note of which this Addendum is a part. The provisions of this Addendum supplement, and to
the extent different therefrom or inconsistent therewith, supersede, the provisions set forth in the Note of which this Addendum
is part. Any terms used and not otherwise defined in this Addendum shall have the respective meanings set forth in the Notes or,
if not defined therein, the Indenture.


 


Paying Agent


 


The Company has initially
appointed the institution specified on the face of this Note as Paying Agent (the “Paying Agent”) to act as such agent
with respect to this Note, but the Company may, in its sole discretion, appoint any other institution (including any Affiliate
of the Company) to serve as any such agent from time to time. The Company will give the Trustee prompt written notice of any change
in any such appointment. Insofar as this Note provides for any such agent to obtain rates, quotes or other data from a bank, dealer
or other institution for use in making any determination hereunder, such agent may do so from any institution or institutions of
the kind contemplated hereby notwithstanding that any one or more of such institutions are any such agent, Affiliates of any such
agent or Affiliates of the Company.


 


All determinations made
by the Paying Agent may be made by such agent in its sole discretion and, absent manifest error, shall be conclusive for all purposes
and binding on the Holder of this Note and the Company. The Paying Agent shall not have any liability therefor.


 


Principal and Interest


 


The Company shall pay
any principal amount due on this Note on the Stated Maturity Date specified on the face of this Note (or any earlier date of redemption
as provided below under “Optional Redemption” or “Redemption for Tax Reasons” (a “Redemption Date”),
or any earlier date of acceleration of maturity) (each such date being hereinafter referred to as the “Maturity Date”
with respect to the principal repayable on such date) and shall pay interest thereon (and on any overdue principal and/or interest
to the extent legally enforceable) at the Interest Rate determined from time to time in accordance with the provisions set forth
in this Note, until the principal hereof is paid or duly made available for payment.


 


Interest on this Note
will accrue from, and including, the most recent Interest Payment Date to which interest has been paid or duly provided for or,
from and including, the Original Issue Date if no interest has been paid or duly provided for, to, but excluding, the next Interest
Payment Date or the Maturity Date, as the case may be. The interest so payable, and punctually paid or duly provided for, on any
Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name this Note (or one or more Predecessor
Securities) is registered at the close of business on the fifteenth day (whether or not a Business Day, as defined below) immediately
preceding such Interest Payment Date or, if this Note is represented by one or more global Notes, the close of business on the
Business Day (for



    	 



    	



    

this purpose a day on which Clearstream
Banking, société anonyme (“Clearstream”), and Euroclear Bank, S.A./N.V. (“Euroclear”) are
open for business) immediately preceding the related Interest Payment Date (in each case, the “Regular Record Date”).
Any such interest not so punctually paid or duly provided for on any Interest Payment Date (“Defaulted Interest”) shall
forthwith cease to be payable to the Holder at the close of business on any Regular Record Date and, may either be paid to the
Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on a special record
date (the “Special Record Date”) for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof
shall be given to the Holder of this Note by the Trustee not less than 10 calendar days prior to such Special Record Date or may
be paid at any time in any other lawful manner, not inconsistent with the requirements of any securities exchange on which the
Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided for in the Indenture.


 


The principal of this
Note payable on any Maturity Date will be paid in euro against presentation and surrender at the office or agency maintained for
such purpose in London, United Kingdom, initially the corporate trust office of the Paying and Calculation Agent located at One
Canada Square, London E 14 5AL United Kingdom.


 


For purposes of this
Note, “Business Day” means any day other than a Saturday or Sunday, (1) on which commercial banks and foreign exchange
markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits)
in The City of New York and London and (2) the day is also a Target Settlement Day (as defined below).


 


“Target Settlement
Day” means a day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer system (the TARGET system)
System or any successor is open.


 


The Company will pay
Additional Amounts in respect of payment of principal of, or interest on, this Note to the extent set forth below under “Payment
of Additional Amounts,” and any references herein to principal of, or interest payable on, this Note shall be deemed to include
any such Additional Amounts, if applicable.


 


References to Euroclear
and/or Clearstream shall, whenever the context so permits, be deemed to include a reference to any additional or alternative clearing
system as may be approved by the Company.


 


Interest on the Notes
will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual
number of days from and including the last date on which interest was paid on the Notes (or March 6, 2019 if no interest has been
paid on the Notes), to but excluding the next scheduled interest payment date. This payment convention is referred to as ACTUAL/ACTUAL
(ICMA) as defined in the rulebook of the International Capital Markets Association.


 


Optional Redemption


 


Notwithstanding anything
to the contrary otherwise contained in the Note of which this Addendum forms a part, this Note may be redeemed at the Company’s
option, at any time, in whole, or from time to time, in part. Prior to the Par Call Date, the “Redemption Price” for
this Note being redeemed on any Redemption Date will be equal to the greater of:


  


	 	·	100% of the principal amount of this Note being redeemed on the Redemption Date; or
	 	 	 
	 	·	the sum of the present values of the remaining scheduled payments of principal and interest on this Note being redeemed on that Redemption Date assuming that this Note being redeemed matured on the Par Call Date (not including any portion of any payments of interest accrued to 




    	 



    	



    

	 	 	that Redemption Date), discounted to the Redemption Date on an annual basis (ACTUAL/ACTUAL (ICMA)) at the applicable Comparable Government Bond Rate (as defined below), plus 15 basis points.



 


On or after the Par
Call Date, the Redemption Price for this Note being redeemed will be equal to 100% of the principal amount of this Note being redeemed.


 


In each case, the Company
will pay accrued and unpaid interest on the principal amount being redeemed to, but not including, the Redemption Date.


 


Notwithstanding the
foregoing, installments of interest on this Note that are due and payable on interest payment dates falling on or prior to a Redemption
Date will be payable on the Interest Payment Date to the Holder hereof as of the close of business on the relevant Record Date
according to this Note and the Indenture.


 


The Company will mail
(or if this Note is a Global Note, deliver in accordance with the applicable rules and regulations of Euroclear and Clearstream)
notice of any redemption at least 15 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be
redeemed. Once notice of redemption is transmitted, the Notes called for redemption will become due and payable on the Redemption
Date and at the applicable Redemption Price, plus accrued and unpaid interest to, but not including the Redemption Date.


 


The Company shall give
the Trustee notice of the Redemption Price promptly after the calculation thereof, and the Trustee shall not be responsible for
such calculation. Notwithstanding Section 1104 of the Indenture, the notice of such redemption need not set forth the Redemption
Price but only the manner of calculation thereof.


 


The “Comparable
Government Bond Rate” will be determined by the Calculation Agent on the third Business Day preceding the redemption date
and means, with respect to any date of redemption, the rate per annum equal to the yield to maturity calculated in accordance with
customary financial practice in pricing new issues of comparable corporate debt securities paying interest on an annual basis (ACTUAL/ACTUAL
(ICMA)) of the applicable Comparable Government Bond, assuming a price for the applicable Comparable Government Bond (expressed
as a percentage of its principal amount) equal to the applicable Comparable Government Bond Price for such date of redemption.


 


“Calculation Agent”
means an independent investment banking or commercial banking institution of international standing appointed by the Company.


 


“Comparable Government
Bond” means the Federal Republic of Germany government security or securities selected by one of the Reference Government
Bond Dealers appointed by the Company as having an actual or interpolated maturity comparable with the remaining term of this Note
assuming this Note matured on the Par Call Date that would be utilized, at the time of selection and in accordance with customary
financial practice, in pricing new issues of euro-denominated corporate debt securities of a maturity comparable to the remaining
term of this Note assuming this Note matured on the Par Call Date.


 


“Comparable Government
Bond Price” means, with respect to any redemption date, (A) the arithmetic average of the Reference Government Bond Dealer
Quotations for the applicable Redemption Date, after excluding the highest and lowest such Reference Government Bond Dealer Quotations,
or (B) if the Calculation Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average
of all such quotations.






    	 



    	



    

“Par Call Date”
means January 6, 2026.


 


“Reference Government
Bond Dealer” means each of four banks selected by the Company, which are (A) primary European government securities dealers,
and their respective successors, or (B) market makers in pricing corporate bond issues.


 


“Reference Government
Bond Dealer Quotations” means, with respect to each Reference Government Bond Dealer and any Redemption Date, the arithmetic
average, as determined by the Calculation Agent, of the bid and offered prices for the applicable Comparable Government Bond (expressed
in each case as a percentage of its principal amount) at 11:00 a.m., Central European Time (CET), on the third Business Day preceding
such date for redemption quoted in writing to the Calculation Agent by such Reference Government Bond Dealer.


 


On and after the Redemption
Date, interest will cease to accrue on this Note or any portion of this Note called for redemption (unless the Company defaults
in the payment of the Redemption Price and accrued interest). On or before the Redemption Date, the Company will deposit with the
Paying Agent or the Trustee money sufficient to pay the Redemption Price of and accrued interest on this Note to be redeemed on
that Redemption Date. If less than all of the principal amount of this Note is to be redeemed, the Notes to be redeemed will be
selected in accordance with applicable depositary procedures; provided, however, that no Notes of a principal amount of €100,000
or less shall be redeemed in part. This Note shall not be entitled to the benefit of any mandatory redemption or sinking fund.


 


Issuance in Euro


 


Principal and interest
payments in respect of this Note will be payable in euro; provided, however, that if euro is unavailable or the euro
is no longer used by the member states of the European Monetary Union that have adopted the euro as their currency or for the settlement
of transactions by public institutions within the international banking community, then all payments in respect of this Note will
be made in U.S. dollars until euro is again available or so used. The amount payable on any date in euro (and any amount in euro
required to be translated into U.S. dollars for purposes of any determination under the Indenture) will be converted to U.S. dollars
on the basis of the Market Exchange Rate (as defined below). Any payment in respect of this Note so made in U.S. dollars shall
not constitute an Event of Default under the Indenture. Neither the Trustee nor the Paying Agent shall be responsible for obtaining
exchange rates, effecting conversions or otherwise handling redenominations.


 


“Market Exchange
Rate” means the rate mandated by the U.S. Federal Reserve Board as of the close of business on the second Business Day prior
to the relevant payment date (or determination date) or, in the event the U.S. Federal Reserve Board has not mandated a rate of
conversion, on the basis of the most recent euro/U.S. dollar exchange rate available on or prior to the second Business Day prior
to the relevant payment date (or determination date), as reported by Bloomberg.


 


Payment of Additional
Amounts


 


The Company will, subject
to the exceptions and limitations set forth below, pay as additional amounts to a Holder that is a United States Alien (as defined
below) such amounts as may be necessary so that every net payment on this Note after deduction or withholding for or on account
of any present or future tax, assessment or other governmental charge of whatever nature imposed upon or as a result of such payment
by the United States (or any political subdivision or taxing authority thereof or therein), will not be less than the amount to
be then due and payable. However, the Company will not be required to make any payment of additional amounts for or on account
of:





    	 



    	



    

	 	(a)	any tax, assessment or other governmental charge that would not have been imposed but for (i) the existence of any present or former connection between such Holder (or between a fiduciary, settlor or beneficiary of, or a person holding a power over, such Holder, if such Holder is an estate or a trust, or a member or shareholder of such Holder, if such Holder is a partnership or corporation) and the United States, including, without limitation, such Holder (or such fiduciary, settlor, beneficiary, person holding a power, member or shareholder) being or having been a citizen or resident or treated as a resident thereof or being or having been engaged in trade or business or present therein or having or having had a permanent establishment therein, or (ii) the presentation by the Holder of this Note for payment more than 15 days after the date on which such payment became due and payable or on which payment thereof was duly provided for, whichever occurs later;
	 	 	 
	 	(b)	any estate, inheritance, gift, sales, transfer, personal property or any similar tax, assessment or other governmental charge;
	 	 	 
	 	(c)	any tax, assessment or other governmental charge that would not have been imposed but for such Holder’s past or present status as a controlled foreign corporation, passive foreign investment company (including a qualified election fund) or foreign private foundation or other tax exempt organization with respect to the United States or as a corporation that accumulates earnings to avoid United States Federal income tax;
	 	 	 
	 	(d)	any tax, assessment or other governmental charge that is payable otherwise than by deduction or withholding from a payment on this Note;
	 	 	 
	 	(e)	any tax, assessment or other governmental charge required to be deducted or withheld by any paying agent from any payment on this Note, if such payment can be made without such deduction or withholding by any other paying agent;
	 	 	 
	 	(f)	any tax, assessment or other governmental charge that would not have been imposed but for the Holder’s failure to comply with any applicable certification, information, documentation or other reporting requirement concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of a Note if, without regard to any tax treaty, such compliance is required by statute or regulation of the United States as a precondition to relief or exemption from such tax, assessment or other governmental charge;
	 	 	 
	 	(g)	any tax, assessment or other governmental charge imposed by reason of the Holder (i) owning or having owned, directly or indirectly, actually or constructively, 10% or more of the total combined voting power of all classes of stock of the Company entitled to vote, (ii) receiving interest described in Section 881(c)(3)(A) of the United States Internal Revenue Code or (iii) being a controlled foreign corporation with respect to the United States that is related to the Company by actual or constructive stock ownership;
	 	 	 
	 	(h)	any tax, assessment or other governmental charge that is imposed on a payment pursuant to Sections 1471 through 1474 of the United States Internal Revenue Code (FATCA), any Treasury regulations and official interpretations thereof, and any regulations or official law, agreement or interpretations thereof implementing an intergovernmental approach thereto; or
	 	 	 
	 	(i)	any combination of items (a), (b), (c), (d), (e), (f) (g) and (h);






    	 



    	



    

nor shall such additional
amounts be paid with respect to any payment on this Note to a Holder that is a fiduciary or partnership or other than the sole
beneficial owner of such payment to the extent a beneficiary or settlor with respect to such fiduciary or a member of such partnership
or a beneficial owner would not have been entitled to the additional amounts had such beneficiary, settlor, member or beneficial
owner been the Holder of this Note.


 


For purposes of the
foregoing, the holding of or the receipt of any payment with respect to a Note shall not constitute a connection between the Holder
(or between a fiduciary, settlor, beneficiary, member or shareholder of, or a person having power over, such Holder if such Holder
is an estate, a trust, a partnership or a corporation) and the United States.


 


The term “United
States Alien” means any person who, for United States Federal income tax purposes, is a foreign corporation, a non-resident
alien individual, a non-resident alien fiduciary of a foreign estate or trust, or a foreign partnership one or more of the members
of which is, for United States Federal income tax purposes, a foreign corporation, a nonresident alien individual or a non-resident
alien fiduciary of a foreign estate or trust.


 


Redemption for Tax
Reasons


 


If the Company has or
will become obliged to pay additional amounts (as described above under the heading “Payment of Additional Amounts”)
as a result of any change in, or amendment to, the laws or regulations of the United States or any political subdivision or taxing
authority thereof or therein affecting taxation, or any change in official position regarding the application or interpretation
of such laws, regulations or rulings, which change or amendment becomes effective on or after February 26, 2019, and the Company
determines that such obligation cannot be avoided by the use of reasonable measures then available to it, the Company may, at its
option, at any time, having given not less than 15 nor more than 60 days’ prior written notice to Holders, redeem, in whole,
but not in part, the Notes at a redemption price equal to 100% of its principal amount, together with unpaid interest, if any,
on the Notes being redeemed accrued to but excluding the redemption date, 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 obliged to pay such additional amounts if a payment
in respect to the Notes was due on such date. Such notice of redemption shall specify the principal amount to be redeemed, ISIN
and Common Code numbers to be redeemed, the Redemption Date, the Redemption Price or if not ascertainable, then the manner of calculation
thereof, the place or places of payment and that payment will be made upon presentation and surrender of the Notes. Once notice
of redemption is given in writing, this Note will become due and payable on the Redemption Date and at the applicable Redemption
Price, plus accrued and unpaid interest to, but not including, the Redemption Date. Prior to the transmission or publication of
any notice of redemption pursuant to this paragraph, the Company shall deliver to the Trustee a certificate signed by two executive
officers of the Company stating that the Company is entitled to effect such redemption and setting forth a statement of facts showing
that the conditions precedent to the Company’s right to so redeem this Note has occurred.


 


Exchange of Global
Notes for Certificated Notes


 


This Note is exchangeable
for certificated Notes in definitive form of like tenor in minimum denominations of €100,000 principal amount and integral
multiples of €1,000 in excess thereof if:


 


	 	(1)	the Company has been notified that both Clearstream and Euroclear have been closed for business for a continuous period of at least 14 days (other than by reason of holiday, statutory or otherwise) or have announced an intention permanently to cease business or have in fact done so and no successor clearing system is available;




    	 



    	



    

	 	(2)	the Company, at its option, notifies the Trustee in writing that it elects to cause the issuance of certificated Notes; or
	 	 	 
	 	(3)	there has occurred and is continuing an Event of Default with respect to this Note.


 


In all cases, certificated
Notes delivered in exchange for this Note or beneficial interest therein will be registered in the names, and issued in any approved
denominations, requested by or on behalf of the common depositary (in accordance with its customary procedures).


 


Payments (including
principal and interest) and transfers with respect to Notes in certificated form may be executed at the office or agency maintained
for such purpose in London (initially the corporate trust office of the Paying Agent) or, at the Company’s option, by check
mailed to the Holder thereof at the respective addresses set forth in the register of Holders of the Notes, provided that all payments
(including principal and interest) on Notes in certificated form, for which the Holders thereof have given wire transfer instructions
at least ten calendar days prior to the applicable payment date, will be required to be made by wire transfer of immediately available
funds to the accounts specified by the Holders thereof. No service charge will be made for any registration of transfer, but payment
of a sum sufficient to cover any tax or governmental charge payable in connection with that registration may be required.