Form of Senior Debt Indenture




 Exhibit 4(m) 
  
 ELECTRONIC DATA SYSTEMS CORPORATION 
  
 and 
  
 [                         ], 
  
 as Trustee 
  

  
 Indenture 
  
 Dated as of
[                         ] 
  

  
 Senior Debt Securities

  








 TABLE OF CONTENTS 
  

					
	 	  	ARTICLE I	  	 
	 	  	Definitions	  	 
			
	 SECTION 1.01
	  	 Certain Terms Defined
	  	1
			
	 SECTION 1.02
	  	 Incorporation by Reference of Trust Indenture Act
	  	8
			
	 SECTION 1.03
	  	 Rules of Construction
	  	8
			
	 	  	ARTICLE II	  	 
			
	 	  	Debt Securities	  	 
			
	 SECTION 2.01
	  	 Forms Generally
	  	9
			
	 SECTION 2.02
	  	 Form of Trustee's Certificate of Authentication
	  	9
			
	 SECTION 2.03
	  	 Principal Amount; Issuable in Series
	  	10
			
	 SECTION 2.04
	  	 Execution of Debt Securities
	  	13
			
	 SECTION 2.05
	  	 Authentication and Delivery of Debt Securities
	  	13
			
	 SECTION 2.06
	  	 Denomination of Debt Securities
	  	15
			
	 SECTION 2.07
	  	 Registration of Transfer and Exchange
	  	15
			
	 SECTION 2.08
	  	 Temporary Debt Securities
	  	17
			
	 SECTION 2.09
	  	 Mutilated, Destroyed, Lost or Stolen Debt Securities
	  	18
			
	 SECTION 2.10
	  	 Cancellation of Surrendered Debt Securities
	  	19
			
	 SECTION 2.11
	  	 Provisions of the Indenture and Debt Securities for the Sole Benefit of the
Parties and the Holders
	  	

20
			
	 SECTION 2.12
	  	 Payment of Interest; Interest Rights Preserved
	  	20
			
	 SECTION 2.13
	  	 Securities Denominated in Foreign Currencies
	  	21
			
	 SECTION 2.14
	  	 Wire Transfers
	  	22
			
	 SECTION 2.15
	  	 Securities Issuable in the Form of a Global Security
	  	22
			
	 SECTION 2.16
	  	 Medium Term Securities
	  	24
			
	 SECTION 2.17
	  	 Defaulted Interest
	  	25
			
	 SECTION 2.18
	  	 Judgments
	  	26
			
	 	  	ARTICLE III	  	 
			
	 	  	Redemption of Debt Securities	  	 
			
	 SECTION 3.01
	  	 Applicability of Article
	  	26
			
	 SECTION 3.02
	  	 Tax Redemption; Special Tax Redemption
	  	26
			
	 SECTION 3.03
	  	 Notice of Redemption; Selection of Debt Securities
	  	28
			
	 SECTION 3.04
	  	 Payment of Debt Securities Called for Redemption
	  	30
			
	 SECTION 3.05
	  	 Mandatory and Optional Sinking Funds
	  	31
			
	 SECTION 3.06
	  	 Redemption of Debt Securities for Sinking Fund
	  	32
			
	 	  	ARTICLE IV	  	 
			
	 	  	Covenants of the Company	  	 
			
	 SECTION 4.01
	  	 Payment of Principal of, and Premium, If Any, and Interest on, Debt Securities
	  	33

  

 i 









					
			
	 SECTION 4.02
	  	 Maintenance of Offices or Agencies for Registration of Transfer, Exchange
and Payment of Debt Securities
	  	

34
			
	 SECTION 4.03
	  	 Appointment to Fill a Vacancy in the Office of Trustee
	  	34
			
	 SECTION 4.04
	  	 Duties of Paying Agents, etc.
	  	35
			
	 SECTION 4.05
	  	 Statement by Officers as to Default
	  	36
			
	 SECTION 4.06
	  	 Payment of Additional Interest
	  	36
			
	 SECTION 4.07
	  	 Limitation on Liens
	  	38
			
	 SECTION 4.08
	  	 Limitation on Sales and Leasebacks
	  	39
			
	 SECTION 4.09
	  	 Waiver of Certain Covenants
	  	39
			
	 SECTION 4.10
	  	 Existence
	  	40
			
	 SECTION 4.11
	  	 Further Instruments and Acts
	  	40
			
	 	  	ARTICLE V	  	 
			
	 	  	 Holders' Lists and Reports
 By the Company and the Trustee
	  	 
			
	 SECTION 5.01
	  	 Company to Furnish Trustee Information as to Names and Addresses of Holders;
Preservation of Information
	  	

40
			
	 SECTION 5.02
	  	 Communications to Holders
	  	41
			
	 SECTION 5.03
	  	 Reports by Company
	  	41
			
	 SECTION 5.04
	  	 Reports by Trustee
	  	41
			
	 SECTION 5.05
	  	 Record Dates for Action by Holders
	  	42
			
	 	  	ARTICLE VI	  	 
			
	 	  	Remedies of the Trustee and Holders in Event of Default	  	 
			
	 SECTION 6.01
	  	 Events of Default
	  	42
			
	 SECTION 6.02
	  	 Collection of Indebtedness by Trustee, etc.
	  	45
			
	 SECTION 6.03
	  	 Application of Moneys Collected by Trustee
	  	46
			
	 SECTION 6.04
	  	 Limitation on Suits by Holders
	  	47
			
	 SECTION 6.05
	  	 Remedies Cumulative; Delay or Omission in Exercise of Rights Not a Waiver of Default
	  	47
			
	 SECTION 6.06
	  	 Rights of Holders of Majority in Principal Amount of Debt Securities to Direct
Trustee and to Waive Default
	  	

48
			
	 SECTION 6.07
	  	 Trustee to Give Notice of Defaults Known to It, but May Withhold Such Notice in
Certain Circumstances
	  	

48
			
	 SECTION 6.08
	  	 Requirement of an Undertaking To Pay Costs in Certain Suits under the Indenture or Against the Trustee
	  	

49
			
	 	  	ARTICLE VII	  	 
			
	 	  	Concerning the Trustee	  	 
			
	 SECTION 7.01
	  	 Certain Duties and Responsibilities
	  	49
			
	 SECTION 7.02
	  	 Certain Rights of Trustee
	  	50
			
	 SECTION 7.03
	  	 Trustee Not Liable for Recitals in Indenture or in Debt Securities
	  	52
			
	 SECTION 7.04
	  	 Trustee, Paying Agent or Registrar May Own Debt Securities
	  	52

  

 ii 









					
			
	 SECTION 7.05
	  	 Moneys Received by Trustee to Be Held in Trust
	  	52
			
	 SECTION 7.06
	  	 Compensation and Reimbursement
	  	52
			
	SECTION 7.07	  	 Right of Trustee to Rely on an Officers' Certificate Where No Other
Evidence Specifically Prescribed
	  	

53
			
	 SECTION 7.08
	  	 Separate Trustee; Replacement of Trustee
	  	53
			
	 SECTION 7.09
	  	 Successor Trustee by Merger
	  	54
			
	 SECTION 7.10
	  	 Eligibility; Disqualification
	  	55
			
	 SECTION 7.11
	  	 Preferential Collection of Claims Against Company
	  	55
			
	 SECTION 7.12
	  	 Compliance with Tax Laws
	  	55
			
	 	  	ARTICLE VIII	  	 
			
	 	  	Concerning the Holders	  	 
			
	 SECTION 8.01
	  	 Evidence of Action by Holders
	  	55
			
	 SECTION 8.02
	  	 Proof of Execution of Instruments and of Holding of Debt Securities
	  	56
			
	 SECTION 8.03
	  	 Who May Be Deemed Owner of Debt Securities
	  	56
			
	 SECTION 8.04
	  	 Instruments Executed by Holders Bind Future Holders
	  	57
			
	 	  	ARTICLE IX	  	 
			
	 	  	Supplemental Indentures	  	 
			
	 SECTION 9.01
	  	 Purposes for Which Supplemental Indenture May Be Entered into
Without Consent of Holders
	  	

58
			
	 SECTION 9.02
	  	 Modification of Indenture with Consent of Holders of Debt Securities
	  	60
			
	 SECTION 9.03
	  	 Effect of Supplemental Indentures
	  	61
			
	 SECTION 9.04
	  	 Debt Securities May Bear Notation of Changes by Supplemental Indentures
	  	61
			
	 SECTION 9.05
	  	 Payment for Consent
	  	62
			
	 	  	ARTICLE X	  	 
			
	 	  	Consolidation, Merger, Sale or Conveyance	  	 
			
	 SECTION 10.01
	  	 Consolidations and Mergers of the Company
	  	62
			
	 SECTION 10.02
	  	 Rights and Duties of Successor Corporation
	  	62
			
	 	  	ARTICLE XI	  	 
			
	 	  	 Satisfaction and Discharge of Indenture;
 Defeasance; Unclaimed Moneys
	  	 
			
	 SECTION 11.01
	  	 Applicability of Article
	  	63
			
	 SECTION 11.02
	  	 Satisfaction and Discharge of Indenture; Defeasance
	  	63
			
	 SECTION 11.03
	  	 Conditions of Defeasance
	  	64
			
	 SECTION 11.04
	  	 Application of Trust Money
	  	65
			
	 SECTION 11.05
	  	 Repayment to Company
	  	66
			
	 SECTION 11.06
	  	 Indemnity for U.S. Government Obligations
	  	66
			
	 SECTION 11.07
	  	 Reinstatement
	  	66

  

 iii 









					
			
	 	  	ARTICLE XII	  	 
			
	 	  	 Miscellaneous Provisions
	  	 
			
	 SECTION 12.01
	  	 Successors and Assigns of Company Bound by Indenture
	  	66
			
	 SECTION 12.02
	  	 Acts of Board, Committee or Officer of Successor Company Valid
	  	66
			
	 SECTION 12.03
	  	 Required Notices or Demands
	  	66
			
	 SECTION 12.04
	  	 Indenture and Debt Securities to Be Construed in Accordance with the
Laws of the State of New York
	  	

67
			
	 SECTION 12.05
	  	 Officers' Certificate and Opinion of Counsel to Be Furnished upon
Application or Demand by the Company
	  	

67
			
	 SECTION 12.06
	  	 Payments Due on Legal Holidays
	  	68
			
	 SECTION 12.07
	  	 Provisions Required by Trust Indenture Act to Control
	  	68
			
	 SECTION 12.08
	  	 Computation of Interest on Debt Securities
	  	68
			
	 SECTION 12.09
	  	 Rules by Trustee, Paying Agent and Registrar
	  	68
			
	 SECTION 12.10
	  	 No Recourse Against Others
	  	68
			
	 SECTION 12.11
	  	 Severability
	  	68
			
	 SECTION 12.12
	  	 Effect of Headings
	  	69
			
	 SECTION 12.13
	  	 Indenture May Be Executed in Counterparts
	  	69

  

 iv 








 ELECTRONIC DATA SYSTEMS CORPORATION 
  
 Debt Securities 
  
 CROSS REFERENCE SHEET* 
  
 This Cross Reference Sheet shows the location in the Indenture of the provisions inserted pursuant to Sections 310-318(a), inclusive, of the Trust Indenture Act of 1939.

  

					
	 	 	 TIA Section

	  	 Indenture
   Section  


			
	310	 	 (a)(1)
	  	7.10
	 	 	 (a)(2)
	  	7.10
	 	 	 (a)(3)
	  	7.10
	 	 	 (a)(4)
	  	7.10
	 	 	 (a)(5)
	  	7.10
	 	 	 (b)
	  	7.10
	 	 	 (c)
	  	N.A.**
			
	311	 	 (a)
	  	7.11
	 	 	 (b)
	  	7.11
	 	 	 (c)
	  	N.A.
			
	3.12	 	 (a)
	  	5.01
	 	 	 (b)
	  	5.02
	 	 	 (c)
	  	5.02
			
	313	 	 (a)
	  	5.04
	 	 	 (b)(1)
	  	5.04
	 	 	 (b)(2)
	  	5.04
	 	 	 (c)
	  	12.03
	 	 	 (d)
	  	5.04
			
	314	 	 (a)(1)
	  	5.03(a)
	 	 	 (a)(2)
	  	5.03(b)
	 	 	 (a)(3)
	  	5.03(a) & (b) & 12.03
	 	 	 (a)(4)
	  	4.05
	 	 	 (b)
	  	N.A.
	 	 	 (c)(1)
	  	12.05
	 	 	 (c)(2)
	  	12.05
	 	 	 (c)(3)
	  	N.A.

  

 v 








  

					
	 	 	 TIA Section

	  	 Indenture
   Section  


			
	 	 	 (d)
	  	12.05
	 	 	 (e)
	  	12.05
			
	315	 	 (a)
	  	7.01(a)
	 	 	 (b)
	  	6.07 & 12.03
	 	 	 (c)
	  	7.01
	 	 	 (d)
	  	7.01
	 	 	 (e)
	  	6.08
			
	316	 	 (a) (last sentence)
	  	1.01
	 	 	 (a)(1)(A)
	  	6.06
	 	 	 (a)(1)(B)
	  	6.06
	 	 	 (a)(2)
	  	9.01(d)
	 	 	 (b)
	  	6.04
	 	 	 (c)
	  	5.05
			
	317	 	 (a)(1)
	  	6.02
	 	 	 (a)(2)
	  	6.02
	 	 	 (b)
	  	4.04
			
	318	 	 (a)
	  	12.07



	*	The Cross Reference Sheet is not part of the Indenture. 


	**	N.A. means “Not Applicable.” 

  

 vi 








 INDENTURE dated as of
[                        ], between ELECTRONIC DATA SYSTEMS CORPORATION, a corporation duly organized and existing under the laws
of the State of Delaware (hereinafter sometimes called the “Company”), and
[                            ] (hereinafter sometimes called the “Trustee”). 
  
 RECITALS OF THE COMPANY 
  
 The Company has duly authorized the execution and delivery of this Indenture
to provide for the issuance from time to time of its debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the “Debt Securities”), as in this
Indenture provided. 
  
 All things necessary to make this
Indenture a valid agreement of the Company, in accordance with its terms, have been done. 
  
 NOW, THEREFORE, THIS INDENTURE WITNESSETH: 
  
 That in order to declare the terms and conditions upon which the Debt Securities are authenticated, issued and delivered, and in consideration of the premises, and of the purchase and acceptance of the Debt Securities
by the holders thereof, the Company and the Trustee covenant and agree with each other, for the benefit of the respective Holders from time to time of the Debt Securities or any series thereof as follows: 
  
 ARTICLE I 
  
 Definitions 
  
 SECTION 1.01    Certain Terms Defined. The terms defined in this Section 1.01 (except as herein otherwise expressly provided or
unless the context otherwise requires) for all purposes of this Indenture and of any Indenture supplemental hereto shall have the respective meanings specified in this Section 1.01. All other terms used in this Indenture which are defined in the
Trust Indenture Act or which are by reference therein defined in the Securities Act (except as herein otherwise expressly provided or unless the context otherwise requires) shall have the meanings assigned to such terms in the Trust Indenture Act
and in the Securities Act as in force as of the date of original execution of this Indenture. 
  
 “1996 Indenture” means the Indenture dated as of August 12, 1996, between the Company and Texas Commerce Bank National Association (now known as JPMorgan Chase Bank). 
  
 “Affected Security” has the meaning specified in Section
3.02(b). 
  
 “Affiliate” of any specified Person
means any other Person, directly or indirectly, controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any Person means
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” have meanings
correlative to the foregoing. 
  

 1 








 “Attributable Debt” means, as to any particular Sale and Leaseback Transaction, at any
date as of which the amount thereof is to be determined, the total amount determined by multiplying (i) the greater of (a) the fair value of the Real Property subject to such arrangement (as determined by any two of the Company’s Chairman of
the Board, Vice Chairman, President, Treasurer and Controller) or (b) the net proceeds of the sale of such Real Property to the lender or investor by (ii) a fraction, the numerator of which is the number of months in the unexpired initial term of
the lease of such Real Property and the denominator of which is the number of months in the full initial term of such lease; provided, however, that Sale and Leaseback Transactions with respect to Real Property financed by obligations
issued by a state or local governmental unit (whether or not tax exempt pursuant to Section 103(b)(4)(F), 103(b)(4)(E) or 103(b)(6) of the Internal Revenue Code, or any successor provision thereof) shall not be included in any calculation of
Attributable Debt. 
  
 “Authorized Newspaper”
means a newspaper in an official language of the country of publication customarily published at least once a day, and customarily published for at least five days in each calendar week, and of general circulation in such city or cities specified
pursuant to Section 2.03 with respect to the Debt Securities of any series. Where successive publications are required to be made in Authorized Newspapers, the successive publications may be made in the same or in different newspapers in the same
city meeting the foregoing requirements and in each case on any business day in such city. 
  
 “Bearer Holder” means, with respect to any Bearer Security or Coupon, the bearer thereof. 
  
 “Bearer Security” means any Debt Security (with or without Coupons), title to which passes by delivery only, but does not include any
Coupons. 
  
 “Board of Directors” means either
the Board of Directors of the Company or any duly authorized committee or subcommittee of such Board, except as the context may otherwise require. 
  
 “business day” means, when used with respect to any Place of Payment specified pursuant to Section 2.03, any day that is not a Saturday,
a Sunday or a legal holiday or a day on which banking institutions or trust companies in such Place of Payment are authorized or obligated by law to close, except as otherwise specified pursuant to Section 2.03. 
  
 “Company” means Electronic Data Systems Corporation, a
Delaware corporation, and, subject to the provisions of Article X, shall also include its successors and assigns. 
  
 “Company Order” means a written order of the Company, signed by its Chairman of the Board, Vice Chairman, President or any Vice President
and by its Treasurer, Secretary, any Assistant Treasurer or any Assistant Secretary. 
  
 “Consolidated Net Tangible Assets” means, as of any date of determination, the aggregate amount of assets (less applicable reserves and other properly deductible items) after deducting therefrom (a)
all current liabilities (excluding any current liabilities for money borrowed having a maturity of less than 12 months but by its terms being renewable or extendible beyond 12 months from such date at the option of the borrower) and (b) all
goodwill, 

  

 2 








 
trade names, trademarks, patents, unamortized debt discount and expense and other like intangibles, all as set forth on the most recent balance sheet of the
Company and its consolidated subsidiaries and computed in accordance with generally accepted accounting principles. 
  
 “corporate trust office of the Trustee” or other similar term means the office of the Trustee in
[            ] at which the corporate trust business of the Trustee shall, at any particular time, be principally administered in the United States of America, which is on the date hereof
at [            ], Attention: [            ], except that with respect to the presentation of Debt Securities for payment or for
registration of transfer and exchange, such term shall also mean the office of the Trustee or the Trustee’s agent in the Borough of Manhattan, the city and state of New York, which on the date hereof is at
[            ], and the office of the Trustee in the city of Dallas, Texas, which on the date hereof is at [            ], in
each case at which at any particular time its corporate agency business shall be conducted. 
  
 “Coupon” means any interest coupon appertaining to any Bearer Security. 
  
 “Coupon Security” means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto. 
  
 “Currency” means Dollars or Foreign Currency. 
  
 “Debt Security” or “Debt Securities” has
the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture. 
  
 “Default” means any event which is, or after notice or
passage of time or both would be, an Event of Default. 
  
 “Depositary” means, unless otherwise specified by the Company pursuant to either Section 2.03 or 2.15, with respect to Debt Securities of any series issuable or issued in whole or in part in the form of one or more Global
Securities, The Depository Trust Company, New York, New York, or any successor thereto registered as a clearing agency under the Exchange Act or other applicable statute or regulations. 
  
 “Dollar” or “$” means such currency of the United States as at the time of payment is
legal tender for the payment of public and private debts. 
  
 “Dollar Equivalent” means, with respect to any monetary amount in a Foreign Currency, at any time for the determination thereof, the amount of Dollars obtained by converting such Foreign Currency involved in such
computation into Dollars at the spot rate for the purchase of Dollars with the applicable Foreign Currency as quoted by Citibank (unless another comparable financial institution is designated by the Company) in New York, New York, at approximately
11:00 a.m. (New York time) on the date two business days prior to such determination. 
  
 “European Currency Units” has the meaning assigned to it from time to time by the Council of the European Communities. 
  

 3 








 “European Communities” means the European Economic Community, the European Coal and
Steel Community and the European Atomic Energy Community. 
  
 “Event of Default” has the meaning specified in Section 6.01. 
  
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 “Floating Rate Security” means a Debt Security that provides for the payment of interest at a variable rate determined periodically by
reference to an interest rate index specified pursuant to Section 2.03. 
  
 “Foreign Currency” means a currency issued by the government of any country other than the United States or a composite currency the value of which is determined by reference to the values of the currencies of any group of
countries. 
  
 “Funded Debt” means all
indebtedness for money borrowed having a maturity of more than 12 months from the date as of which the amount thereof is to be determined. 
  
 “Global Security” means with respect to any series of Debt Securities issued hereunder, a Debt Security which is executed by the Company
and authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with this Indenture and any Indentures supplemental hereto, or resolution of the Board of Directors and set forth in
an Officers’ Certificate, which shall be registered in the name of the Depositary or its nominee and which shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all the Outstanding Debt Securities of
such series or any portion thereof, in either case having the same terms, including, without limitation, the same original issue date, date or dates on which principal is due and interest rate or method of determining interest. 
  
 “Holder,” “Holder of Debt Securities” or
other similar terms means, with respect to a Registered Security, the Registered Holder and, with respect to a Bearer Security or a Coupon, the Bearer Holder. 
  

“Indenture” means this instrument as originally executed, or, if amended or supplemented as herein provided, as so amended or
supplemented, and shall include the form and terms of particular series of Debt Securities as contemplated hereunder, whether or not a supplemental indenture is entered into with respect thereto. 
  
 “Interest” includes, when used with respect to a Bearer
Security, any additional interest payable on such Bearer Security pursuant to Section 3.02 or 4.06. 
  
 “Lien” means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind. 
  
 “Mortgage” has the meaning specified in Section 4.07.

  
 “Officers’ Certificate” means a
certificate signed by the Chairman of the Board, the Vice Chairman, the President or any Vice President and by the Treasurer, the Secretary or any 
  

 4 








 
Assistant Treasurer or Assistant Secretary of the Company. Each such certificate shall include the statements provided for in Section 12.05, if applicable.

  
 “Opinion of Counsel” means an opinion in
writing signed by legal counsel for the Company (who may be an employee of the Company), or outside counsel for the Company who shall be reasonably satisfactory to the Trustee. Each such opinion shall include the statements provided for in Section
12.05, if applicable. 
  
 “Original Issue Discount Debt
Security” means any Debt Security which 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 6.01. 
  
 “Outstanding”, when used with respect to any series of Debt
Securities, means, as of the date of determination, all Debt Securities of that series theretofore authenticated and delivered under this Indenture, except: 
  
 (i) Debt Securities of that series theretofore canceled by the Trustee or delivered to the Trustee for cancellation; 
  
 (ii) Debt Securities of that series for whose payment or
redemption money in the necessary amount has been theretofore deposited with the Trustee or any paying agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own paying agent) for
the Holders of such Debt Securities; provided, that, if such Debt Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; and

  
 (iii) Debt Securities of that series which
have been paid pursuant to Section 2.09 or in exchange for or in lieu of which other Debt Securities have been authenticated and delivered pursuant to this Indenture, other than any such Debt Securities in respect of which there shall have been
presented to the Trustee proof satisfactory to it that such Debt Securities are held by a bona fide purchaser in whose hands such Debt Securities are valid obligations of the Company; 
  
 provided, however, that in determining whether the Holders of the requisite principal amount of the Outstanding Debt
Securities of any series have given any request, demand, authorization, direction, notice, consent or waiver hereunder, Debt Securities owned by the Company or any other obligor upon the Debt Securities or any Affiliate of the Company or of such
other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Debt
Securities which the Trustee knows to be so owned shall be so disregarded. Debt Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s
right so to act with respect to such Debt Securities and that the pledgee is not the Company or any other obligor upon the Debt Securities or an Affiliate of the Company or of such other obligor. In determining whether the Holders of the requisite
principal amount of Outstanding Debt Securities have given any request, demand, authorization, direction, notice, consent or 
  

 5 








 
waiver hereunder, the principal amount of an Original Issue Discount Debt Security that shall be deemed to be Outstanding for such purposes shall be the
amount of the principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01. In determining whether the Holders of the requisite principal
amount of the Outstanding Debt Securities of any series have given any request, demand, authorization, direction, notice, consent or waiver hereunder, the principal amount of a Debt Security denominated in one or more foreign currencies or currency
units that shall be deemed to be Outstanding for such purposes shall be the Dollar Equivalent, determined in the manner provided as contemplated by Section 2.03 on the date of original issuance of such Debt Security, of the principal amount (or, in
the case of any Original Issue Discount Security, the Dollar Equivalent on the date of original issuance of such Security of the amount determined as provided in the preceding sentence above) of such Debt Security. 
  
 “Person” means any individual, corporation, limited
liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. 
  
 “Place of Payment” means, when used with respect to the Debt
Securities of any series, the place or places where the principal of, and premium, if any, and interest on, the Debt Securities of that series are payable as specified pursuant to Section 2.03. 
  
 “principal London office of the Trustee” means the office of
the Trustee in the city of London, England, which on the date hereof is at
[                                        ], at
which at any particular time its corporate agency business, including presentation of Debt Securities for payment or for registration of transfer and exchange, shall be conducted. 
  
 “Real Property” means any real property, and any building, structure or other facility thereon, located in the United
States (excluding its territories and possessions, but including Puerto Rico), owned or leased by the Company or any Subsidiary of the Company, the gross book value (without deduction of any depreciation reserves) of which on the date as of which
the determination is being made exceeds 1% of Consolidated Net Tangible Assets, other than any such real property, building, structure or other facility or portion thereof (i) that is financed by obligations issued by a state or local governmental
unit (whether or not tax exempt pursuant to Section 103(b)(4)(F), 103(b)(4)(E) or 103(b)(6) of the Internal Revenue Code of 1954, or any successor provision thereof in the Internal Revenue Code of 1986), (ii) that consists of approximately 300 acres
and currently known as the Company’s Plano headquarters property located in Plano, Texas, and more particularly described on Exhibit A hereto, or (iii) which if not owned or leased by the Company or its Subsidiaries, in the opinion of the Board
of Directors of the Company, would not have a material adverse effect on the business conducted by the Company and its Subsidiaries as an entirety. 
  
 “Registered Holder” means the Person in whose name a Registered Security is registered in the Debt Security Register (as defined in
Section 2.07(a)). 
  
 “Registered Security” means
any Debt Security registered as to principal and interest in the Debt Security Register (as defined in Section 2.07(a)). 
  

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 “Registrar” has the meaning set forth in Section 2.07(a). 
  
 “responsible officer”, when used with respect to the
Trustee, means the chairman or any vice-chairman of the board of directors, the chairman or any vice-chairman of the executive committee of the board of directors, the chairman of the trust committee, the president, any vice president, the
secretary, any assistant secretary, the treasurer, any assistant treasurer, the cashier, any assistant cashier, any trust officer or assistant trust officer, the controller or any assistant controller or any other officer of the Trustee customarily
performing functions similar to those performed by any of the above designated officers, and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his knowledge of and
familiarity with the particular subject. 
  
 “Restricted
Subsidiary” means any Subsidiary that owns a Real Property, except a Subsidiary that is engaged primarily in financing the operations of the Company or its Subsidiaries, or both, outside the states of the United States, and (a) more than
50% of whose net sales and operating revenues during the preceding four calendar quarters was derived from, or more than 50% of whose operating properties is located in, the United States (excluding its territories and possessions, but including
Puerto Rico), or (b) more than 50% of whose assets consists of securities of other Restricted Subsidiaries. 
  
 “Sale and Leaseback Transaction” has the meaning specified in Section 4.08. 
  
 “Securities Act” means the Securities Act of 1933, as amended. 
  
 “Stated Maturity” means, with respect to any security, the
date specified in such security as the fixed date on which the payment of principal of such security is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for the repurchase of such
security at the option of the holder thereof upon the happening of any contingency beyond the control of the issuer unless such contingency has occurred). 
  
 “Subsidiary” means a corporation, association, partnership or other entity of which more than 80% of the outstanding Voting Stock 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. 
  
 “Trustee” initially means [            ] and any other Person or Persons
appointed as such from time to time pursuant to Section 7.08, and, subject to the provisions of Article VII, includes its or their successors and assigns. If at any time there is more than one such Person, “Trustee” as used with respect to
the Debt Securities of any series shall mean the Trustee with respect to the Debt Securities of that series. 
  
 “Trust Indenture Act” (except as herein otherwise expressly provided) means the Trust Indenture Act of 1939 as in force at the date of
this Indenture as originally executed and, to the extent required by law, as amended. 
  
 “United States” means the United States of America (including the States and the District of Columbia), its territories, its possessions and other areas subject to its jurisdiction. 
  

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 “United States Alien” means any Person who, for United States Federal income tax
purposes, is a foreign corporation, a nonresident alien individual, a nonresident alien fiduciary of a foreign estate or trust, or a foreign partnership one or more members of which is, for United States Federal income tax purposes, a foreign
corporation, a nonresident alien individual or a nonresident alien fiduciary of a foreign estate or trust. 
  
 “U.S. Government Obligations” means securities that are (x) direct obligations of the United States of America for the payment of which
its full faith and credit is pledged or (y) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America, the payment of which is unconditionally guaranteed as a full faith and credit
obligation by the United States of America, which, in either case, are not callable or redeemable at the option of the issuer thereof. 
  
 “Voting Stock” means stock of the class or classes having general voting power under ordinary circumstances to elect at least a majority
of the board of directors, managers or trustees of such corporation, association, partnership or other entity (irrespective of whether or not at the time stock of any other class or classes shall have or might have voting power by reason of the
happening of any contingency). 
  
 “Yield to
Maturity” means the yield to maturity, calculated at the time of issuance of a series of Debt Securities, or, if applicable, at the most recent redetermination of interest on such series and calculated in accordance with accepted financial
practice. 
  
 SECTION 1.02    Incorporation
by Reference of Trust Indenture Act. This Indenture is subject to the mandatory provisions of the Trust Indenture Act which are incorporated by reference in and made a part of this Indenture. The following Trust Indenture Act terms have the
following meanings: 
  
 “indenture
securities” means the Debt Securities. 
  
 “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 and any other obligor on the Debt Securities. 
  
 All
other Trust Indenture Act terms used in this Indenture that are defined by the Trust Indenture Act, reference to another statute or defined by rules of the Securities and Exchange Commission have the meanings assigned to them by such definitions.

  
 SECTION 1.03    Rules of
Construction. Unless the context otherwise requires: 
  
 (1) a term has the meaning assigned to it; 
  

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 (2) an accounting term not otherwise defined has the meaning assigned to it in accordance
with United States generally accepted accounting principles; 
  
 (3) “or” is not exclusive; 
  
 (4) “including” means including without limitation; 
  
 (5) words in the singular include the plural and words in the plural include the singular; and 
  
 (6) the principal amount of any noninterest bearing or other
discount security at any date shall be the principal amount thereof that would be shown on a balance sheet of the issuer dated such date prepared in accordance with United States generally accepted accounting principles. 
  
 ARTICLE II 
  
 Debt Securities 
  
 SECTION 2.01    Forms Generally. The Debt Securities and Coupons, if any, of each series shall be in substantially the form
established without the approval of any Holder by or pursuant to a resolution of the Board of Directors or in one or more Indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as
are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as the Company may deem appropriate and as are not inconsistent with the provisions of
this Indenture or as may be required or appropriate to comply with any law or with any rules made pursuant thereto or with any rules of any securities exchange on which such series of Debt Securities may be listed, or to conform to general usage, or
as may, consistently herewith, be determined by the officers executing such Debt Securities and Coupons, as evidenced by their execution of the Debt Securities and Coupons. 
  
 The definitive Debt Securities of each series and Coupons, if any, 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 Debt Securities and Coupons, as evidenced by their execution of such Debt Securities and Coupons. 
  
 Each Bearer Security and each Coupon shall bear a legend substantially to the
following effect: “Any United States Person who holds this obligation will be subject to limitations under the United States income tax laws, including the limitations provided in Sections 165(j) and 1287(a) of the Internal Revenue Code.”

  
 SECTION 2.02    Form of Trustee’s
Certificate of Authentication. The Trustee’s Certificate of Authentication on all Debt Securities authenticated by the Trustee shall be in substantially the following form: 
  

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 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
  
 This is one of the Debt Securities of the series designated therein referred
to in the within-mentioned Indenture. 
  

			
	[                                      
                                        
  ],
	             As Trustee

		
	By:	 	 
	 	 	

	 	 	 Authorized Signatory



  
 SECTION
2.03    Principal Amount; Issuable in Series. The aggregate principal amount of Debt Securities which may be executed, authenticated, delivered and outstanding under this Indenture is unlimited. 
  
 The Debt Securities may be issued in one or more series. There shall be
established, without the approval of any Holders, pursuant to authority granted by the Board of Directors and set forth in an Officers’ Certificate, or established in one or more indentures supplemental hereto, prior to the issuance of Debt
Securities of any series any or all of the following: 
  
 (1) the title of the Debt Securities of the series (which shall distinguish the Debt Securities of the series from all other Debt Securities); 
  
 (2) any limit upon the aggregate principal amount of the Debt Securities of the series which may be authenticated and delivered under this
Indenture (except for Debt Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Debt Securities of the series pursuant to this Article II); 
  
 (3) the date or dates on which the principal and premium, if
any, of the Debt Securities of the series is payable; 
  
 (4) the rate or rates (which may be fixed or variable) at which the Debt Securities of the series shall bear interest, if any, or the method of determining such rate or rates (including any procedures to vary or reset such rate or rates),
the date or dates from which such interest shall accrue, the interest payment dates on which such interest shall be payable, or the method by which such date will be determined, in the case of Registered Securities, the record dates for the
determination of Holders thereof to whom such interest is payable, and the basis upon which interest will be calculated if other than that of 360 day year of twelve thirty-day months; 
  
 (5) the place or places, if any, in addition to or instead of the corporate trust office of the Trustee (in
the case of Registered Securities) or the principal London office of the Trustee (in the case of Bearer Securities), where the principal of, and premium, if any, and interest, if any, on Debt Securities of the series shall be payable, and the
identity of the Person to whom interest on the 

  

 10 








 Debt Securities of the series, if any, shall be payable if it is to be to a Person other than the Holder;

  
 (6) the price or prices at which, the period
or periods within which and the terms and conditions upon which Debt Securities of the series may be redeemed, in whole or in part, at the option of the Company; 
  
 (7) whether Debt Securities of the series are to be issued as Registered Securities or Bearer Securities or
both, and, if Bearer Securities are issued, whether Coupons will be attached thereto, whether Bearer Securities of the series may be exchanged for Registered Securities of the series and the circumstances under which and the places at which any such
exchanges, if permitted, may be made; 
  
 (8) if
any Debt Securities of the series are to be issued as Bearer Securities or as one or more Global Securities representing individual Bearer Securities of the series, (x) whether the provisions of Sections 3.02 and 4.06 or other provisions for payment
of additional interest or tax redemptions shall apply and, if other provisions shall apply, such other provisions; (y) whether interest in respect of any portion of a temporary Bearer Security of the series (delivered pursuant to Section 2.08)
payable in respect of any interest payment date prior to the exchange of such temporary Bearer Security for definitive Bearer Securities of the series shall be paid to any clearing organization with respect to the portion of such temporary Bearer
Security held for its account and, in such event, the terms and conditions (including any certification requirements) upon which any such interest payment received by a clearing organization will be credited to the Persons entitled to interest
payable on such interest payment date; and (z) the terms upon which a temporary Bearer Security may be exchanged for one or more definitive Bearer Securities of the series; 
  
 (9) the obligation, if any, of the Company to redeem, purchase or repay Debt Securities of the series
pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof, and the price or prices at which and the period or periods within which and the terms and conditions upon which Debt Securities of the series shall be
redeemed, purchased or repaid, in whole or in part, pursuant to such obligations; 
  
 (10) the terms, if any, upon which the Debt Securities of the series may be convertible into or exchanged for other Debt Securities or
warrants for indebtedness or other securities of any kind of the Company or any other obligor and the terms and conditions upon which such conversion or exchange shall be effected, including the initial conversion or exchange price or rate, the
conversion or exchange period and any other provision in addition to or in lieu of those described herein; 
  
 (11) if other than denominations of $1,000 and any integral multiple thereof, the denominations in which Debt Securities of the series
shall be issuable; 
  

 11 








 (12) if the amount of principal of or any premium or interest on Debt Securities of the
series may be determined with reference to an index or pursuant to a formula, the manner in which such amounts will be determined; 
  
 (13) if the principal amount payable at the Stated Maturity of Debt Securities of the series will not be determinable as of any one or
more dates prior to such Stated Maturity, the amount which will be deemed to be such principal amount as of any such date for any purpose, including the principal amount thereof which will be due and payable upon any maturity other than the Stated
Maturity or which will be deemed to be Outstanding as of any such date (or, in any such case, the manner in which such deemed principal amount is to be determined); and the manner of determining the equivalent thereof in the currency of the United
States of America for purposes of the definition of Dollar Equivalent; 
  
 (14) any changes or additions to Article XI, including the addition of additional covenants that may be subject to the covenant defeasance option pursuant to Section 11.02(b)(ii); 
  
 (15) if other than such coin or Currency of the United
States as at the time of payment is legal tender for payment of public and private debts, the coin or Currency or Currencies or units of two or more Currencies in which payment of the principal of, and premium, if any, and interest on, Debt
Securities of the series shall be payable; 
  
 (16) if other than the principal amount thereof, the portion of the principal amount of Debt Securities of the series which shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.01 or provable in
bankruptcy pursuant to Section 6.02; 
  
 (17) any
addition to or change in the Events of Default with respect to the Debt Securities of the series and any change in the right of the Trustee or the Holders to declare the principal of, and premium and interest on, such Debt Securities due and
payable; 
  
 (18) if the Debt Securities of the
series shall be issued in whole or in part in the form of a Global Security or Securities, the terms and conditions, if any, upon which such Global Security or Securities may be exchanged in whole or in part for other individual Debt Securities in
definitive registered form; and the Depositary for such Global Security or Securities and the form of any legend or legends to be borne by any such Global Security or Securities in addition to or in lieu of the legend referred to in Section 2.15;

  
 (19) any trustees, authenticating or paying
agents, transfer agents or registrars; 
  

 12 








 (20) the applicability of, and any addition to or change in the covenants and definitions
currently set forth in this Indenture or in the terms currently set forth in Article X; 
  
 (21) with regard to Debt Securities of the series that do not bear interest, the dates for certain required reports to the Trustee;

  
 (22) the terms of any repurchase or
remarketing rights of third parties; and 
  
 (23)
any other terms of the Debt Securities of the series (which terms shall not be prohibited by the provisions of this Indenture). 
  
 All Debt Securities of any one series and the Coupons, if any, appertaining thereto shall be substantially identical except as to denomination and except
as may otherwise be provided in or pursuant to such resolution of the Board of Directors and as set forth in such Officers’ Certificate or in any such Indenture supplemental hereto. 
  
 SECTION 2.04    Execution of Debt Securities. The Debt Securities and the Coupons, if any, shall
be signed on behalf of the Company by its Chairman of the Board, its Vice Chairman, its President or a Vice President and by its Secretary, an Assistant Secretary, a Treasurer or an Assistant Treasurer. Such signatures upon the Debt Securities and
Coupons may be the manual or facsimile signatures of the present or any future such authorized officers and may be imprinted or otherwise reproduced on the Debt Securities and Coupons. The seal of the Company, if any, may be in the form of a
facsimile thereof and may be impressed, affixed, imprinted or otherwise reproduced on the Debt Securities and Coupons. 
  
 Only such Debt Securities and Coupons as shall bear thereon a certificate of authentication substantially in the form hereinbefore recited, signed
manually by the Trustee, shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. Such certificate by the Trustee upon any Debt Security or Coupon executed by the Company shall be conclusive evidence that the
Debt Security or Coupon so authenticated has been duly authenticated and delivered hereunder. 
  
 In case any officer of the Company who shall have signed any of the Debt Securities or Coupons shall cease to be such officer before the Debt Securities or Coupons so signed shall have been authenticated and delivered
by the Trustee, or disposed of by the Company, such Debt Securities or Coupons nevertheless may be authenticated and delivered or disposed of as though the Person who signed such Debt Securities or Coupons had not ceased to be such officer of the
Company; and any Debt Security or Coupon may be signed on behalf of the Company by such Persons as, at the actual date of the execution of such Debt Security or Coupon, shall be the proper officers of the Company, although at the date of such Debt
Security or Coupon or of the execution of this Indenture any such Person was not such officer. 
  
 SECTION 2.05    Authentication and Delivery of Debt Securities. At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Debt Securities,
with appropriate Coupons, if any, of any series executed by the Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of 
  

 13 








 such Debt Securities, and the Trustee shall thereupon authenticate and deliver said Debt Securities and Coupons in
accordance with the Company Order. In authenticating such Debt Securities and Coupons, and accepting the additional responsibilities under this Indenture in relation to such Debt Securities and Coupons, the Trustee shall be entitled to receive, and
(subject to Section 7.01) shall be fully protected in relying upon: 
  
 (1) a copy of any resolution or resolutions of the Board of Directors, certified by the Secretary or Assistant Secretary of the Company, authorizing the terms of issuance and the form of any series of Debt Securities
and Coupons or authorizing the approval of any such terms of issuance and form by an officer of the Company; 
  
 (2) an executed supplemental indenture, if any; 
  

(3) an Officers’ Certificate; and 
  
 (4) an Opinion of Counsel prepared in accordance with Section 12.05 which shall also state: 
  
 (a) that the form of such Debt Securities and Coupons has
been established by or pursuant to a resolution of the Board of Directors or by a supplemental indenture as permitted by Section 2.01 in conformity with the provisions of this Indenture; 
  
 (b) that the terms of such Debt Securities and Coupons have been established by or pursuant to a resolution
of the Board of Directors or by a supplemental indenture as permitted by Section 2.03 in conformity with the provisions of this Indenture; 
  
 (c) that such Debt Securities and Coupons, 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, will constitute valid and legally binding obligations of the Company, enforceable in accordance with their terms except as (i) the enforceability thereof may be limited by bankruptcy,
insolvency or similar laws affecting the enforcement of creditors’ rights generally and (ii) rights of acceleration and the availability of equitable remedies may be limited by equitable principles of general applicability; 
  
 (d) that the Company has the corporate power to issue such
Debt Securities and Coupons and has duly taken all necessary corporate action with respect to such issuance; 
  
 (e) that the issuance of such Debt Securities and Coupons will not contravene the certificate of incorporation or by-laws of the Company
or result in any material violation of any of the terms or provisions of any law or regulation or of any indenture, mortgage or other agreement known to such counsel by which the Company is bound; 
  
 (f) that authentication and delivery of such Debt Securities
and Coupons and the execution and delivery of any supplemental indenture will not violate the terms of this Indenture; and 
  

 14 








 (g) such other matters as the Trustee may reasonably request. 
  
 Such Opinion of Counsel need express no opinion as to whether a court in the
United States would render a money judgment in a currency other than that of the United States. 
  
 The Trustee shall have the right to decline to authenticate and deliver any Debt Securities or Coupons under this Section 2.05 if the Trustee, being
advised by counsel, determines that such action may not lawfully be taken or if the Trustee in good faith by its board of directors or trustees, executive committee or a trust committee of directors, trustees or vice presidents shall determine that
such action would expose the Trustee to personal liability to existing Holders. 
  
 The Trustee may appoint an authenticating agent reasonably acceptable to the Company to authenticate Debt Securities and Coupons, if any, of any series. Unless limited by the terms of such appointment, an
authenticating agent may authenticate Debt 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 any
Registrar, paying agent or agent for service of notices and demands. 
  
 Unless otherwise provided in the form of Debt Security for any series, each Debt Security shall be dated the date of its authentication. 
  
 SECTION 2.06    Denomination of Debt Securities. Unless otherwise provided in the form of Debt Security for any series, the
Debt Securities of each series shall be issuable only as Registered Securities in such denominations as shall be specified or contemplated by Section 2.03. In the absence of any such specification with respect to the Debt Securities of any series,
the Debt Securities of such series shall be issuable in denominations of $1,000 and any integral multiple thereof. 
  
 SECTION 2.07    Registration of Transfer and Exchange. (a) The Company shall keep or cause to be kept a register for each
series of Registered Securities issued hereunder (hereinafter collectively referred to as the “Debt Security Register”), in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration
of Registered Securities and the transfer of Registered Securities as provided in this Article II. At all reasonable times the Debt Security Register shall be open for inspection by the Trustee. Subject to Section 2.15, upon due presentment for
registration of transfer of any Registered Security at any office or agency to be maintained by the Company in accordance with the provisions of Section 4.02, the Company shall execute and, upon receipt of a Company Order requesting authentication
and delivery, the Trustee shall authenticate and deliver in the name of the transferee or transferees a new Registered Security or Registered Securities of authorized denominations for a like aggregate principal amount. Except as otherwise specified
pursuant to Section 2.03, in no event may Registered Securities, including Registered Securities received in exchange for Bearer Securities, be exchanged for Bearer Securities. 
  
 Unless and until otherwise determined by the Company by resolution of the Board of Directors, the register of the Company
for the purpose of registration, exchange or registration of transfer of the Registered Securities shall be kept at the corporate trust office of the Trustee and, for this purpose, the Trustee shall be designated “Registrar”. 

 

 15 








 Registered Securities of any series (other than a Global Security, except as set forth below) may be
exchanged for a like aggregate principal amount of Registered Securities of the same series of other authorized denominations. Subject to Section 2.15, Registered Securities to be exchanged shall be surrendered at the office or agency to be
maintained by the Company as provided in Section 4.02, and the Company shall execute and, upon receipt of a Company Order requesting the authentication and delivery, the Trustee shall authenticate and deliver in exchange therefor the Registered
Security or Registered Securities which the Holder making the exchange shall be entitled to receive. 
  
 At the option of the Holder of Bearer Securities of any series, except as otherwise specified as contemplated by Section 2.03(7) or 2.03(18) with respect
to a Global Security representing Bearer Securities, Bearer Securities of such series may be exchanged for Registered Securities (if the Debt Securities of such series are issuable as Registered Securities) or Bearer Securities of the same series,
of any authorized denomination or denominations, of like tenor and aggregate principal amount, upon surrender of the Bearer Securities to be exchanged at the office or agency of the Company maintained for such purpose, with all unmatured Coupons and
all matured Coupons in Default thereto appertaining; provided, however, that delivery of a Bearer Security shall occur only outside the United States. If such Holder is unable to produce any such unmatured Coupon or Coupons or matured
Coupon or Coupons in Default, such exchange may be effected if such Holder’s Bearer Securities are accompanied by payment in funds acceptable to the Company and the Trustee in an amount equal to the face amount of such missing Coupon or
Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any paying agent harmless. If thereafter
such Holder shall surrender to any paying agent any such missing Coupon in respect of which such a payment shall have been made, such Holder shall be entitled to receive the amount of such payment; provided, however, that, except as
otherwise provided in Section 2.12, interest represented by Coupons shall be payable only upon presentation and surrender of those Coupons at an office or agency located outside the United States. 
  
 Whenever any Debt Securities are so surrendered for exchange, the Company
shall execute, and, upon receipt of a Company Order requesting the authentication and delivery, the Trustee shall authenticate and deliver, the Debt Securities that the Holder making the exchange is entitled to receive. 
  
 Notwithstanding the foregoing, the exchange of Bearer Securities for
Registered Securities will be subject to the provisions of United States income tax laws and regulations applicable to Debt Securities in effect at the time of such exchange. 
  
 (b) All Registered Securities presented or surrendered for registration of transfer, exchange or payment shall (if so
required by the Company, the Trustee or the Registrar) be duly endorsed or be accompanied by a written instrument or instruments of transfer, in form satisfactory to the Company, the Trustee and the Registrar, duly executed by the Registered Holder
or his attorney duly authorized in writing. 
  

 16 








 All Debt Securities issued in exchange for or upon transfer of Debt Securities shall be the valid
obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture as the Debt Securities surrendered for such exchange or transfer. 
  
 No service charge shall be made for any exchange or registration of transfer of Debt Securities (except as provided by
Section 2.09), but the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto, other than those expressly provided in this Indenture to be made at the Company’s own
expense or without expense or without charge to the Holders. 
  
 The Company shall not be required (a) to issue, register the transfer of or exchange any Debt Securities for a period of 15 days next preceding the day of any mailing of notice of redemption of Debt Securities of such series or (b) to
register the transfer of or exchange any Debt Securities selected, called or being called for redemption; provided, however, that, if specified pursuant to Section 2.03, any Bearer Securities of any series that are exchangeable
for Registered Securities and that are called for redemption pursuant to Section 3.02 may, to the extent permitted by applicable law, be exchanged for one or more Registered Securities of such series during the period preceding the redemption date
therefor. 
  
 Prior to the due presentation for registration of
transfer of any Debt Security, the Company, the Trustee, any paying agent or any Registrar may deem and treat the Person in whose name a Debt Security is registered as the absolute owner of such Debt Security for the purpose of receiving payment of
principal of, and premium, if any, and interest on, such Debt Security and for all other purposes whatsoever, whether or not such Debt Security is overdue, and none of the Company, the Trustee, any paying agent or Registrar shall be affected by
notice to the contrary. 
  
 Title to any Bearer Security and any
Coupons appertaining thereto shall pass by delivery. The Company, the Trustee, the paying agent and any agent of the Company or the Trustee may treat the bearer of any Bearer Security and the bearer of any Coupon as the absolute owner of such Bearer
Security or Coupon for the purpose of receiving payment thereof or on account thereof and for all other purposes whatsoever, whether or not such Bearer Security or Coupon be overdue, and none of the Company, the Trustee, the paying agent or any
agent of the Company or the Trustee shall be affected by notice to the contrary. 
  
 SECTION 2.08    Temporary Debt Securities. Pending the preparation of definitive Debt Securities of any series, the Company may execute and, upon receipt of a Company Order requesting the
authentication and delivery, the Trustee shall authenticate and deliver temporary Debt Securities (printed, lithographed, photocopied, typewritten or otherwise produced) of any authorized denomination, and substantially in the form of the definitive
Debt Securities in lieu of which they are issued, in registered form or, if authorized, in bearer form with one or more Coupons or without Coupons, and with such omissions, insertions and variations as may be appropriate for temporary Debt
Securities and Coupons, all as may be determined by the Company with the concurrence of the Trustee. Temporary Debt Securities and Coupons may contain such reference to any provisions of this Indenture as may be appropriate. Every temporary Debt
Security shall be executed by the Company and be authenticated by the Trustee 

  

 17 








 upon the same conditions and in substantially the same manner, and with like effect, as the definitive Debt Securities.

  
 If temporary Debt Securities of any series are issued, the
Company will cause definitive Debt Securities of such series to be prepared without unreasonable delay. Except as otherwise specified as contemplated by Section 2.03(8)(z) with respect to a series of Debt Securities issuable as Bearer Securities or
as one or more Global Securities representing individual Bearer Securities of the series, (a) after the preparation of definitive Debt Securities of such series, the temporary Debt Securities of such series shall be exchangeable for definitive Debt
Securities of such series upon surrender of the temporary Debt Securities of such series at the office or agency of the Company in a Place of Payment for such series, without charge to the Holder thereof, except as provided in Section 2.07 in
connection with a transfer and except that a Person receiving definitive Bearer Securities shall bear the cost of insurance, postage, transportation and the like unless otherwise specified pursuant to Section 2.03, and (b) upon surrender for
cancellation of any one or more temporary Debt Securities of any series (accompanied by any unmatured Coupons appertaining thereto), the Company shall execute and, upon receipt of a Company Order requesting the authentication and delivery, the
Trustee shall authenticate and deliver in exchange therefor a like principal amount of definitive Debt Securities of the same series of authorized denominations and of like tenor; provided, however, that no definitive Bearer Security
shall be delivered in exchange for a temporary Registered Security; and provided, further, however, that delivery of a Global Security representing individual Bearer Securities or a Bearer Security shall occur only outside the
United States. Until so exchanged, temporary Debt Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Debt Securities of such series, except as otherwise specified as contemplated by
Section 2.03(8)(y) with respect to the payment of interest on Global Securities in temporary form. 
  
 Unless otherwise specified pursuant to Section 2.03, the Company will execute and deliver each definitive Global Security representing individual Bearer
Securities and each Bearer Security to the Trustee at its principal office in London or such other place outside the United States specified pursuant to Section 2.03. 
  
 Upon any exchange of a portion of a temporary Global Security for a definitive Global Security or for the individual Debt
Securities represented thereby pursuant to Section 2.07 or this Section 2.08, the temporary Global Security shall be endorsed by the Trustee to reflect the reduction of the principal amount evidenced thereby, whereupon the principal amount of such
temporary Global Security shall be reduced for all purposes by the amount to exchanged and endorsed. 
  
 SECTION 2.09    Mutilated, Destroyed, Lost or Stolen Debt Securities. If (i) any mutilated Debt Security or any mutilated
Coupon with the Coupon Security to which it appertains (and all unmatured Coupons attached thereto) is surrendered to the Trustee at its corporate trust office (in the case of Registered Securities) or at its principal London office (in the case of
Bearer Securities) or (ii) the Company and the Trustee receive evidence to their satisfaction of the destruction, loss or theft of any Debt Security or any Coupon, and there is delivered to the Company and the Trustee such security or indemnity as
may be required by them to save each of them and any paying agent harmless, and neither the Company nor the Trustee 
  

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receives notice that such Debt Security or Coupon has been acquired by a bona fide purchaser, then the Company shall execute and, upon receipt of a Company
Order requesting the authentication and delivery, the Trustee shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Debt Security or in exchange for the Coupon Security to which such mutilated,
destroyed, lost or stolen Coupon appertained, a new Debt Security of the same series of like tenor, form, terms and principal amount, bearing a number not contemporaneously Outstanding, and, in the case of a Coupon Security, with such Coupons
attached thereto that neither gain nor loss in interest shall result from such exchange or substitution. Upon the issuance of any substituted Debt Security, the Company may require the payment of a sum sufficient to cover any tax or other
governmental charge that may be imposed in relation thereto and any other expenses connected therewith. In case any Debt Security or Coupon which has matured or is about to mature or which has been called for redemption shall become mutilated or be
destroyed, lost or stolen, the Company may, instead of issuing a substituted Debt Security or Coupon, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Debt Security or Coupon) if the applicant for
such payment shall furnish the Company and the Trustee with such security or indemnity as either may require to save it harmless from all risk, however remote, and, in case of destruction, loss or theft, evidence to the satisfaction of the Company
and the Trustee of the destruction, loss or theft of such Debt Security or Coupon and of the ownership thereof; provided, however, that payment of principal of, and premium, if any, and interest on, Bearer Securities or Coupons shall,
except as otherwise provided in Section 2.12, be payable only at an office or agency located outside the United States. 
  
 Every substituted Debt Security of any series, with its Coupons, if any, issued pursuant to the provisions of this Section 2.09 by virtue of the fact that
any Debt Security or Coupon is destroyed, lost or stolen shall constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Debt Security or Coupon shall be found at any time, and shall be
entitled to all the benefits of this Indenture equally and proportionately with any and all other Debt Securities of that series and Coupons, if any, duly issued hereunder. All Debt Securities and Coupons, if any, shall be held and owned upon the
express condition that the foregoing provisions are exclusive with respect to the replacement or payment of mutilated, destroyed, lost or stolen Debt Securities or Coupons, and shall preclude any and all other rights or remedies, notwithstanding any
law or statute existing or hereafter enacted to the contrary with respect to the replacement or payment of negotiable instruments or other securities without their surrender. 
  
 SECTION 2.10    Cancellation of Surrendered Debt Securities. All Debt Securities surrendered for
payment, redemption, registration of transfer or exchange and all Coupons surrendered for payment or exchange shall, if surrendered to the Company or any paying agent or a Registrar, be delivered to the Trustee for cancellation by it, or if
surrendered to the Trustee, shall be canceled by it, and no Debt Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. All canceled Debt Securities and Coupons held by the
Trustee shall be destroyed (subject to the record retention requirements of the Exchange Act) and certification of their destruction (or retention) delivered to the Company, unless otherwise directed. On request of the Company, the Trustee shall
deliver to the Company canceled Debt Securities and Coupons held by the Trustee. If the Company shall acquire any of the Debt Securities or Coupons, however, such acquisition shall not operate as a 
  

 19 








 
redemption or satisfaction of the indebtedness represented thereby unless and until the same are delivered or surrendered to the Trustee for cancellation.
The Company may not issue new Debt Securities or Coupons to replace Debt Securities or Coupons it has redeemed, paid or delivered to the Trustee for cancellation. 
  
 SECTION 2.11    Provisions of the Indenture and Debt Securities for the Sole Benefit of the Parties
and the Holders. Nothing in this Indenture or in the Debt Securities or Coupons, expressed or implied, shall give or be construed to give to any Person, other than the parties hereto, the Holders or any Registrar or paying agent, any legal or
equitable right, remedy or claim under or in respect of this Indenture, or under any covenant, condition or provision herein contained; all its covenants, conditions and provisions being for the sole benefit of the parties hereto, the Holders and
any Registrar and paying agents. 
  
 SECTION
2.12    Payment of Interest; Interest Rights Preserved. (a) Interest on any Registered Security that is payable and is punctually paid or duly provided for on any interest payment date shall be paid to the Person in whose
name such Registered Security is registered at the close of business on the regular record date for such interest notwithstanding the cancellation of such Registered Security upon any transfer or exchange subsequent to the regular record date. In
case a Coupon Security of any series is surrendered in exchange for a Registered Security of such series after the close of business (at an office or agency in a Place of Payment for such series) on any regular record date and before the opening of
business (at such office or agency) on the next succeeding interest payment date, such Coupon Security shall be surrendered without the Coupon relating to such interest payment date and interest will not be payable on such interest payment date in
respect of the Registered Security issued in exchange for such Coupon Security, but will be payable only to the Holder of such Coupon when due in accordance with the provisions of this Indenture. Payment of interest on Registered Securities shall be
made at the corporate trust office of the Trustee (except as otherwise specified pursuant to Section 2.03), 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 Debt
Security Register or, if provided by the terms of the Registered Securities pursuant to Section 2.03 and in accordance with arrangements satisfactory to the Trustee, at the option of the Registered Holder by wire transfer to an account designated by
the Registered Holder. 
  
 (b) No interest shall be payable with
respect to a Bearer Security or Coupon unless such certification requirements as are specified pursuant to Section 2.03(8) are satisfied with respect to such Bearer Security or Coupon. Interest on any Coupon Security that is payable and is
punctually paid or duly provided for on any interest payment date shall be paid to the Holder of the Coupon that has matured on such interest payment date upon surrender of such Coupon on such interest payment date at the principal London office of
the Trustee or at such other Place of Payment outside the United States specified pursuant to Section 2.03. 
  
 Interest on any Bearer Security (other than a Coupon Security) that is payable and is punctually paid or duly provided for on any interest payment date
shall be paid to the Holder of the Bearer Security upon presentation of such Bearer Security and notation thereon on such interest payment date at the principal London office of the Trustee or at such other Place of Payment outside the United States
specified pursuant to Section 2.03. 
  

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 Unless otherwise specified pursuant to Section 2.03, at the direction of the Holder of any Bearer
Security or Coupon payable in Dollars, and subject to applicable laws and regulations, payments in respect of such Bearer Security or Coupon will be made by check drawn on a bank in New York, New York or, if provided by the terms of such Bearer
Security or Coupon pursuant to Section 2.03 and in accordance with arrangements satisfactory to the Trustee, by wire transfer to a Dollar account maintained by such Holder with a bank outside the United States. If such payment at the offices of all
paying agents outside the United States becomes illegal or is effectively precluded because of the imposition of exchange controls or similar restrictions on the full payment or receipt of such amounts in Dollars, the Company will appoint an office
or agent in the United States at which such payment may be made. Unless otherwise specified pursuant to Section 2.03, at the direction of the Holder of any Bearer Security or Coupon payable in a Foreign Currency, payment on such Bearer Security or
Coupon will be made by a check drawn on a bank outside the United States or, if provided by the terms of such Bearer Security or Coupon pursuant to Section 2.03 and in accordance with arrangements satisfactory to the Trustee, by wire transfer to an
appropriate account maintained by such Holder outside the United States. Except as provided in this paragraph, no payment on any Bearer Security or Coupon will be made by mail to an address in the United States or by transfer to an account
maintained by the Holder thereof in the United States. 
  
 (c)
Subject to the foregoing provisions of this Section 2.12 and Section 2.17, each Debt Security of a particular series delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Debt Security of the same
series shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Debt Security. 
  
 SECTION 2.13 Securities Denominated in Foreign Currencies. (a) Except as otherwise specified pursuant to Section 2.03 for Bearer Securities of any
series, payment of the principal of, and premium, if any, and interest on, Bearer Securities of such series denominated in any Currency will be made in such Currency. 
  
 (b) Except as otherwise specified pursuant to Section 2.03 for Registered Securities of any series, payment of the principal
of, and premium, if any, and interest on, Registered Securities of such series denominated in any Currency will be made in Dollars. 
  
 (c) For the purposes of calculating the principal amount of Debt Securities of any series denominated in a Foreign Currency or in units of two or more
Foreign Currencies (including European Currency Units) for any purpose under this Indenture, the principal amount of such Debt Securities at any time Outstanding shall be deemed to be the Dollar Equivalent of such principal amount as of the date of
any such calculation. 
  
 In the event any Foreign Currency or
Currencies or units of two or more Currencies in which any payment with respect to any series of Debt Securities may be made ceases to be a freely convertible Currency on United States Currency markets, for any date thereafter on which payment of
principal of, or premium, if any, or interest on, the Debt Securities of a series is due, the Company shall select the Currency of payment for use on such date, all as provided in the Debt Securities of such series. In such event, the Company shall
notify the Trustee of the Currency which it has selected to constitute the funds necessary to meet the Company’s 

  

 21 








 
obligations on such payment date and of the amount of such Currency to be paid. Such amount shall be determined as provided in the Debt Securities of such
series. The payment with respect to such payment date shall be deposited with the Trustee by the Company solely in the Currency so selected. 
  
 SECTION 2.14 Wire Transfers. Notwithstanding any other provision to the contrary in this Indenture, the Company may make any payment of monies
required to be deposited with the Trustee on account of principal of, or premium, if any, or interest on, the Debt Securities (whether pursuant to optional or mandatory redemption payments, interest payments or otherwise) by wire transfer in
immediately available funds to an account designated by the Trustee on or before the date such moneys are to be paid to the Holders of the Debt Securities in accordance with the terms hereof. 
  
 SECTION 2.15 Securities Issuable in the Form of a Global Security. (a)
If the Company shall establish pursuant to Sections 2.01 and 2.03 that the Debt Securities of a particular series are to be issued in whole or in part in the form of one or more Global Securities, then the Company shall execute and the Trustee or
its agent shall, upon receipt of a Company Order requesting authentication and delivery in accordance with Section 2.05, authenticate and deliver, such Global Security or Securities, which (i) shall represent, and shall be denominated in an amount
equal to the aggregate principal amount of, the Outstanding Debt Securities of such series to be represented by such Global Security or Securities, or such portion thereof as the Company shall specify in an Officers’ Certificate, (ii) shall be
registered in the name of the Depositary for such Global Security or Securities or its nominee, (iii) shall be delivered by the Trustee or its agent to the Depositary or pursuant to the Depositary’s instruction and (iv) shall bear a legend
substantially to the following effect: “Unless and until it is exchanged in whole or in part for the individual Debt Securities represented hereby, this Global Security may not be transferred except as whole by the Depositary to a nominee of
the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or by the Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary”, or such other legend as may
then be required by the Depositary for such Global Security or Securities. 
  
 (b) Notwithstanding any other provision of this Section 2.15 or of Section 2.07 to the contrary, and subject to the provisions of paragraph (c) below, unless the terms of a Global Security expressly permit such Global
Security to be exchanged in whole or in part for definitive Debt Securities in registered form, a Global Security may be transferred, in whole but not in part and in the manner provided in Section 2.07, only by the Depositary to a nominee of the
Depositary for such Global Security, or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or a nominee of the Depositary to a successor Depositary for such Global Security selected or
approved by the Company, or to a nominee of such successor Depositary. 
  
 (c) (i) If at any time the Depositary for a Global Security or Securities notifies the Company that it is unwilling or unable to continue as Depositary for such Global Security or Securities or if at any time the Depositary for the Debt
Securities for such series shall no longer be eligible or in good standing under the Exchange Act or other applicable statute or regulation, the Company shall appoint a successor Depositary with respect to such Global Security or Securities. If a
successor Depositary for such Global Security or Securities is not appointed by 

  

 22 








 
the Company within 90 days after the Company receives such notice or becomes aware of such ineligibility, the Company shall execute, and the Trustee or its
agent, upon receipt of a Company Order for the authentication and delivery of such individual Debt Securities of such series in exchange for such Global Security, will authenticate and deliver, individual Debt Securities of such series of like tenor
and terms in definitive form in an aggregate principal amount equal to the principal amount of the Global Security in exchange for such Global Security or Securities. 
  
 (ii) The Company may at any time and in its sole discretion determine that the Debt Securities of any series or portion
thereof issued or issuable in the form of one or more Global Securities shall no longer be represented by such Global Security or Securities. In such event the Company will execute, and the Trustee, upon receipt of a Company Order for the
authentication and delivery of individual Debt Securities of such series in exchange in whole or in part for such Global Security, will authenticate and deliver individual Debt Securities of such series of like tenor and terms in definitive form in
an aggregate principal amount equal to the principal amount of such series or portion thereof in exchange for such Global Security or Securities. 
  
 (iii) If specified by the Company pursuant to Sections 2.01 and 2.03 with respect to Debt Securities issued or issuable in the form of a Global Security,
the Depositary for such Global Security may surrender such Global Security in exchange in whole or in part for individual Debt Securities of such series of like tenor and terms in definitive form on such terms as are acceptable to the Company, the
Trustee and such Depositary. Thereupon the Company shall execute, and the Trustee upon receipt of a Company Order for the authentication and delivery of definitive Debt Securities of such series, shall authenticate and deliver, without service
charge, (1) to each Person specified by such Depositary a new Debt Security or Securities of the same series of like tenor and terms and of any authorized denomination as requested by such Person in aggregate principal amount equal to and in
exchange for such Person’s beneficial interest in the Global Security; and (2) to such Depositary a new Global Security of like tenor and terms and in an authorized denomination equal to the difference, if any, between the principal amount of
the surrendered Global Security and the aggregate principal amount of Debt Securities delivered to Holders thereof. 
  
 (iv) In any exchange provided for in any of the preceding three paragraphs, the Company will execute and the Trustee, upon receipt of a Company Order
requesting the authentication and delivery of individual Debt Securities, will authenticate and deliver individual Debt Securities. Upon the exchange of the entire principal amount of a Global Security for individual Debt Securities, such Global
Security shall be canceled by the Trustee or its agent. Except as provided in the preceding paragraph, Registered Securities issued in exchange for a Global Security pursuant to this Section 2.15 shall be registered in such names and in such
authorized denominations as the Depositary for such Global Security, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee or the Registrar. The Trustee or the Registrar shall deliver such
Registered Securities to the Persons in whose names such Registered Securities are so registered. 
  
 (v) Payments in respect of the principal of, premium, if any, and interest on any Debt Securities registered in the name of the Depositary or its nominee
will be payable to the Depositary or such nominee in its capacity as the registered owner of such Global 

  

 23 








 
Security. The Company and the Trustee may treat the person in whose names the Debt Securities, including the Global Security, are registered as the owner
thereof for the purpose of receiving such payments and for any and all other purposes whatsoever. None of the Company, the Trustee, any Registrar, the paying agent or any agent of the Company or the Trustee will have any responsibility or liability
for (a) any aspect of the records relating to or payments made on account of the beneficial ownership interests of the Global Security by the Depositary or its nominee or any of the Depositary’s direct or indirect participants, or for
maintaining, supervising or reviewing any records of the Depositary, its nominee or any of its direct or indirect participants relating to the beneficial ownership interests of the Global Security, (b) the payments to the beneficial owners of the
Global Security of amounts paid to the Depositary or its nominee, or (c) for any other matter relating to the actions and practices of the Depositary, its nominee or any of its direct or indirect participants. None of the Company, the Trustee or any
such agent will be liable for any delay by the Depositary, its nominee, or any of its direct or indirect participants in identifying the beneficial owners of the Debt Securities, and the Company and the Trustee may conclusively rely on, and will be
protected in relying on, instructions from the Depositary or its nominee for all purposes (including with respect to the registration and delivery, and the respective principal amounts, of the Debt Securities to be issued). 
  
 The Trustee shall deliver individual Bearer Securities issued in exchange for
a Global Security pursuant to this Section 2.15 to the Persons and in such authorized denominations as the Depositary for such Global Security, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the
Trustee; provided, however, that individual Bearer Securities shall be delivered in exchange for a Global Security only in accordance with the procedures set forth in Section 2.07 and as may be specified pursuant to Section 2.03.

  
 Notwithstanding the foregoing, the exchange of Bearer
Securities for Registered Securities will be subject to the provisions of United States income tax laws and regulations applicable to Debt Securities in effect at the time of such exchange. 
  
 SECTION 2.16 Medium Term Securities. Notwithstanding any contrary
provision herein, if all Debt Securities of a series are not to be originally issued at one time, it shall not be necessary for the Company to deliver to the Trustee an Officers’ Certificate, resolutions of the Board of Directors, supplemental
indenture, Opinion of Counsel or Company Order or any other document otherwise required pursuant to Section 2.01, 2.03, 2.05 or 12.05 at or prior to the time of authentication of each Debt Security of such series if such documents are delivered to
the Trustee or its agent at or prior to the authentication upon original issuance of the first such Debt Security of such series to be issued; provided, that any subsequent request by the Company to the Trustee to authenticate Debt Securities
of such series upon original issuance shall constitute a representation and warranty by the Company that, as of the date of such request, the statements made in the Officers’ Certificate delivered pursuant to Section 2.05 and 12.05 shall be
true and correct as if made on such date and that the Opinion of Counsel delivered at or prior to such time of authentication of an original issuance of Debt Securities shall specifically state that it shall relate to all subsequent issuances of
Debt Securities of such series that are identical to the Debt Securities issued in the first issuance of Debt Securities of such series. 
  
 A Company Order delivered by the Company to the Trustee in the circumstances set forth in the preceding paragraph may provide that Debt Securities which
are the subject thereof will be 

  

 24 








 
authenticated and delivered by the Trustee or its agent on original issue from time to time upon the written order delivered to the Trustee or its agent by
Persons designated in such Company Order and that such Persons are authorized to determine, consistent with the Officers’ Certificate, supplemental indenture or resolution of the Board of Directors relating to such Company Order, such terms and
conditions of such Debt Securities as are specified in such Officers’ Certificate, supplemental indenture or such resolution. 
  
 SECTION 2.17 Defaulted Interest. (a) Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly
provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall, if such Debt Security is a Registered Security, forthwith cease to be payable to
the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (i) or (ii) below: 
  
 (i) The Company may elect to make payment of any Defaulted Interest to the
Persons in whose names the Registered Securities of such series are registered at the close of business on a special record date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the
Trustee in writing of the amount of Defaulted Interest proposed to be paid on each such Registered Security of such series and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal
to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for
the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a special record date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10
days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such special record date and, in the name and at the
expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the special record date therefor to be mailed, first class postage pre-paid, to each Holder thereof at its address as it appears in the Security
Register, not less than 10 days prior to such special record date. Notice of the proposed payment of such Defaulted Interest and the special record date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose
names the Registered Securities of such series are registered at the close of business on such special record date. In case a Coupon Security of any such series is surrendered in exchange for a Registered Security of such series after the close of
business (at an office or agency in a Place of Payment for such series) on any special record date and before the opening of business (at such office or agency) on the related proposed date of payment of Defaulted Interest, such Coupon Security
shall be surrendered without the Coupon relating to such proposed date of payment and Defaulted Interest will not be payable on such proposed date of payment in respect of the Registered Security issued in exchange for such Coupon Security, but will
be payable only to the Holder of such Coupon when due in accordance with the provisions of this Indenture. 
  
 (ii) The Company may make payment of any Defaulted Interest on the Registered Securities of such series in any other lawful manner not inconsistent with
the 

  

 25 








 
requirements of any securities exchange on which the Registered Securities of such series may be listed, and upon such notice as may be required by such
exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 
  
 (b) Any Defaulted Interest payable in respect of Bearer Securities of any series shall be payable pursuant to such
procedures as may be satisfactory to the Trustee in such manner that there is no discrimination between the Holders of Registered Securities (if any) and Bearer Securities of such series, and notice of the payment date therefor shall be given by the
Trustee, in the name and at the expense of the Company, in the manner provided in Section 12.03 not more than 25 days and not less than 20 days prior to the date of the proposed payment. 
  
 SECTION 2.18 Judgments. The Company may provide pursuant to Section 2.03 for Debt Securities of any series that (a)
the obligation, if any, of the Company to pay the principal of, and premium, if any, and interest on, the Debt Securities of any series in a Foreign Currency or Dollars (the “Designated Currency”) as may be specified pursuant to Section
2.03 is of the essence and agrees that, to the fullest extent possible under applicable law, judgments in respect of Debt Securities of such series shall be given in the Designated Currency; (b) the obligation of the Company to make payments in the
Designated Currency of the principal of, and premium, if any, and interest on, such Debt Securities shall, notwithstanding any payment in any other Currency (whether pursuant to a judgment or otherwise), be discharged only to the extent of the
amount in the Designated Currency that the Holder receiving such payment may, in accordance with normal banking procedures, purchase with the sum paid in such other Currency (after any premium and cost of exchange) on the business day in the country
of issue of the Designated Currency or in the international banking community (in the case of a composite currency) immediately following the day on which such Holder receives such payment; (c) if the amount in the Designated Currency that may be so
purchased for any reason falls short of the amount originally due, the Company shall pay such additional amounts as may be necessary to compensate for such shortfall; and (d) any obligation of the Company not discharged by such payment shall be due
as a separate and independent obligation and, until discharged as provided herein, shall continue in full force and effect. 
  
 ARTICLE III 
  
 Redemption of Debt Securities 
  
 SECTION 3.01 Applicability of Article. The provisions of this Article shall be applicable to the Debt Securities of any series which are redeemable before their Stated Maturity except as otherwise specified as
contemplated by Section 2.03 for Debt Securities of such series. 
  
 SECTION 3.02 Tax Redemption; Special Tax Redemption. (a) Unless otherwise specified pursuant to Section 2.03, Bearer Securities of any series may be redeemed at the option of the Company in whole, but not in part, at any time, on
giving not less than 30 or more than 60 days’ notice in accordance with Section 3.03 (which notice shall be irrevocable), at the redemption price thereof (calculated without premium), plus interest accrued to the redemption date, if the Company
has or will become obligated to pay additional interest on such Bearer Securities pursuant to Section 4.06 as a result of any change in, or amendment to, the laws (or 

  

 26 








 
any regulations or rulings promulgated thereunder) of the United States or any political subdivision or taxing authority thereof or therein, or any change in
the application or official interpretation of such laws, regulations or rulings, which change or amendment becomes effective on or after the date on which any Person (including any Person acting as underwriter, broker or dealer) agrees to purchase
any of such Bearer Securities pursuant to their original issuance, and such obligation cannot be avoided by the Company taking reasonable measures available to it; 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 pay such additional interest were a payment in respect of the Bearer Securities of that series then due. Prior to the publication of any notice of redemption pursuant to this
Section 3.02(a), the Company shall deliver to the Trustee (i) an Officers’ Certificate stating that the Company is entitled to effect such redemption and setting forth a statement of facts showing that the conditions precedent to the right of
the Company so to redeem have occurred and (ii) an Opinion of Counsel to the effect that the Company has or will become obligated to pay such additional interest as a result of such change or amendment. 
  
 (b)Unless otherwise specified pursuant to Section 2.03, if the Company shall
determine that any payment made outside the United States by the Company or any of its paying agents in respect of any Bearer Security or Coupon, if any, that is not a Floating Rate Security (an “Affected Security”) would, under any
present or future laws or regulations of the United States, be subject to any certification, documentation, information or other reporting requirement of any kind, the effect of which requirement is the disclosure to the Company, any paying agent or
any governmental authority of the nationality, residence or identity of a beneficial owner of such Affected Security that is a United States Alien (other than the certification requirements specified in Treas. Reg. 1.163-5(c)(2)(i)(D)(3) and other
than such a requirement (i) that would not be applicable to a payment made by the Company or any one of its paying agents (A) directly to the beneficial owner or (B) to a custodian, nominee or other agent of the beneficial owner, or (ii) that can be
satisfied by such custodian, nominee or other agent certifying to the effect that the beneficial owner is a United States Alien; provided, that, in any case referred to in clause (i)(B) or (ii), payment by the custodian, nominee or agent to
the beneficial owner is not otherwise subject to any such requirement), then the Company shall elect either (x) to redeem such Affected Securities in whole, but not in part, at the redemption price thereof (calculated without premium), plus interest
accrued to the redemption date, or (y) if the conditions of the next succeeding paragraph are satisfied, to pay the additional interest specified in such paragraph. The Company shall make such determination as soon as practicable and publish prompt
notice thereof in accordance with Section 12.03 (the “Determination Notice”), stating the effective date of such certification, documentation, information or other reporting requirement, whether the Company elects to redeem the Affected
Securities or to pay the additional interest specified in the next succeeding paragraph and (if applicable) the last date by which the redemption of the Affected Securities must take place, as provided in the next succeeding sentence. If any
Affected Securities are to be redeemed pursuant to this paragraph, the redemption shall take place on such date, not later than one year after the publication of the Determination Notice, as the Company shall specify by notice given to the Trustee
at least 60 days before the redemption date. Notice of such redemption shall be given to the Holders of the Affected Securities not more than 60 days or less than 30 days prior to the redemption date in accordance with Section 3.03. Notwithstanding
the foregoing, the Company shall not so redeem the Affected Securities if the Company shall subsequently determine, not less than 30 days prior to the redemption date, 

  

 27 








 
that subsequent payments on the Affected Securities would not be subject to any such certification, documentation, information or other reporting
requirement, in which case the Company shall publish prompt notice of such subsequent determination in accordance with Section 12.03, and any earlier redemption notice given pursuant to this paragraph shall be revoked and of no further effect. Prior
to the publication of any Determination Notice pursuant to this paragraph, the Company shall deliver to the Trustee (i) an Officers’ Certificate stating that the Company is entitled to make such determination and setting forth a statement of
facts showing that the conditions precedent to the obligation of the Company to redeem the Affected Securities or to pay the additional interest specified in the next succeeding paragraph have occurred and (ii) an Opinion of Counsel to the effect
that such conditions have occurred. 
  
 If and so long as the
certification, documentation, information or other reporting requirement referred to in the preceding paragraph would be fully satisfied by payment of a backup withholding tax or similar charge, the Company may elect to pay as additional interest
such amounts as may be necessary so that every net payment made outside the United States following the effective date of such requirement by the Company or any of its paying agents in respect of any Affected Security of which the beneficial owner
is a United States Alien (but without any requirement that the nationality, residence or identity of such beneficial owner be disclosed to the Company, any paying agent or any governmental authority) (after deduction or withholding for or on account
of such backup withholding tax or similar charge that (i) would not be applicable in the circumstances referred to in the parenthetical clause of the first sentence of the preceding paragraph or (ii) is imposed as a result of presentation of any
such Affected Security 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 occurred later), will not be less than the amount provided in any such
Affected Security to be then due and payable. If the Company elects to pay additional interest pursuant to this paragraph, the Company shall have the right to redeem the Affected Securities at any time in whole, but not in part, at the redemption
price thereof (calculated without premium), plus interest accrued to the redemption date, subject to the provisions of the last three sentences of the immediately preceding paragraph. If the Company elects to pay additional interest pursuant to this
paragraph and the condition specified in the first sentence of this paragraph should no longer be satisfied, then the Company shall redeem the Affected Securities in whole, but not in part, at the redemption price thereof (calculated without
premium), plus interest accrued to the redemption date, subject to the provisions of the last three sentences of the immediately preceding paragraph. Any redemption payments made by the Company pursuant to the two immediately preceding sentences
shall be subject to the continuing obligation of the Company to pay additional interest pursuant to this paragraph. If the Company elects to, or is required to, redeem the Affected Securities pursuant to this paragraph, it shall publish prompt
notice thereof in accordance with Section 12.03 . If the Affected Securities are to be redeemed pursuant to this paragraph, the redemption shall take place on such date, not later than one year after publication of the notice of redemption, as the
Company shall specify by notice to the Trustee at least 60 days prior to the redemption date. 
  
 SECTION 3.03 Notice of Redemption; Selection of Debt Securities. In case the Company shall desire to exercise the right to redeem all or, as the case may be, any part of the Debt Securities of any series in
accordance with their terms, the Company shall notify the Trustee and deliver certain documents as set forth in the third paragraph of this Section 3.03 and shall fix a date for redemption and shall give notice of such redemption at least 30 and not
more 

  

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than 60 days prior to the date fixed for redemption to the Holders of Debt Securities of such series so to be redeemed as a whole or in part, in the manner
provided in Section 12.03. The notice if given in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the Holder receives such notice. In any case, failure to give such notice or any defect in the notice
to the Holder of any Debt Security of a series designated for redemption as a whole or in part shall not affect the validity of the proceedings for the redemption of any other Debt Security of such series. 
  
 Each such notice of redemption shall specify the date fixed for redemption,
the redemption price at which Debt Securities of such series are to be redeemed, the Place or Places of Payment that payment will be made upon presentation and surrender of such Debt Securities, that any interest accrued to the date fixed for
redemption will be paid as specified in said notice, that the redemption is for a sinking fund payment (if applicable), that, unless otherwise specified in such notice, Coupon Securities of any series, if any, surrendered for redemption must be
accompanied by all Coupons maturing subsequent to the date fixed for redemption, failing which the amount of any such missing Coupon or Coupons will be deducted from the redemption price, if the Bearer Securities of any series are to be redeemed and
any Registered Securities of such series are not to be redeemed, and if such Bearer Securities may be exchanged for Registered Securities not subject to redemption on the applicable redemption date pursuant to Section 2.15(c) or otherwise, the last
date on which such exchanges may be made, that, unless the Company defaults in making such redemption payment or the paying agent is prohibited from making such payment pursuant to the terms of this Indenture, on and after the redemption date any
interest thereon or on the portions thereof to be redeemed will cease to accrue, that in the case of Original Issue Discount Securities, original issue discount accrued after the date fixed for redemption will cease to accrue, and the terms of the
Debt Securities of that series pursuant to which the Debt Securities of that series are being redeemed. If less than all the Debt Securities of a series are to be redeemed the notice of redemption shall specify the CUSIP numbers of the Debt
Securities of that series to be redeemed. In case any Debt Security of a series is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that on and after the
date fixed for redemption, upon surrender of such Debt Security, a new Debt Security or Debt Securities of that series in principal amount equal to the unredeemed portion thereof, and with appropriate Coupons, will be issued. 
  
 At least 60 days before the redemption date unless the Trustee consents to a
shorter period, the Company shall give notice to the Trustee of the redemption date, the principal amount of Debt Securities to be redeemed and the series and terms of the Debt Securities pursuant to which such redemption will occur. Such notice
shall be accompanied by an Officers’ Certificate and an Opinion of Counsel from the Company to the effect that such redemption will comply with the conditions herein. If fewer than all the Debt Securities of a series are to be redeemed, the
record date relating to such redemption shall be selected by the Company and given to the Trustee, which record date shall be not less than 15 days after the date of notice to the Trustee. 
  
 On or prior to the redemption date for any Registered Securities, the Company
shall deposit with the Trustee or with a paying agent (or, if the Company is acting as its own paying agent, segregate and hold in trust) an amount of money in the Currency in which such Debt 

  

 29 








 
Securities are denominated (except as provided pursuant to Section 2.03) sufficient to pay the redemption price, plus interest accrued to the redemption
date, of such Registered Securities or any portions thereof that are to be redeemed on that date. In the case of any redemption pertaining to Bearer Securities or Coupon Securities, the Company shall, no later than the business day prior to such
redemption date, deposit with the Trustee or with a paying agent (other than the Company) an amount of money in the Currency in which such Debt Securities are denominated (except as provided pursuant to Section 2.03) sufficient to pay the redemption
price, plus interest accrued to the redemption date, of such Bearer Securities or Coupon Securities or any portion thereof that are to be redeemed on the redemption date. 
  
 If less than all the Debt Securities of like tenor and terms of a series are to be redeemed (other than pursuant to
mandatory sinking fund redemptions) the Trustee shall select, in such manner as in its sole discretion it shall deem appropriate and fair, the Debt Securities of that series or portions thereof (in multiples of $1,000) to be redeemed. In any case
where more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The
Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt Security called for
redemption shall not be so paid upon surrender thereof on such redemption date, the principal, premium, if any, and interest shall bear interest until paid from the redemption date at the rate borne by the Debt Securities of that series. If less
than all the Debt Securities of unlike tenor and terms of a series are to be redeemed, the particular Debt Securities to be redeemed shall be selected by the Company. Provisions of this Indenture that apply to Debt Securities called for redemption
also apply to portions of Debt Securities called for redemption. 
  
 SECTION 3.04 Payment of Debt Securities Called for Redemption. If notice of redemption has been given as provided in Section 3.03, the Debt Securities or portions of Debt Securities of the series with respect to which such notice has
been given shall become due and payable on the date and at the Place or Places of Payment stated in such notice at the applicable redemption price, together with any interest accrued to the date fixed for redemption, and on and after said date
(unless the Company shall default in the payment of such Debt Securities at the applicable redemption price, together with any interest accrued to said date) any interest on the Debt Securities or portions of Debt Securities of any series so called
for redemption shall cease to accrue, any original issue discount in the case of Original Issue Discount Securities shall cease to accrue and any Coupons for such interest appertaining to any Coupon Securities to be redeemed, except to the extent
described below, shall be void. On presentation and surrender of such Debt Securities at the Place or Places of Payment in said notice specified, the said Debt Securities or the specified portions thereof shall be paid and redeemed by the Company at
the applicable redemption price, together with any interest accrued thereon to the date fixed for redemption (except for interest accrued in respect of any Debt Securities or portions thereof called for redemption that have been delivered by the
Company to the Trustee for cancellation). 
  
 If any Coupon
Security surrendered for redemption shall not be accompanied by all Coupons appertaining thereto maturing on or after the applicable redemption date, the redemption price for such Coupon Security may be reduced by an amount equal to the face amount
of all such missing Coupons. If thereafter the Holder of such Coupon shall surrender to 

  

 30 








 
any paying agent outside the United States any such missing Coupon in respect of which a deduction shall have been made from the redemption price, such
Holder shall be entitled to receive the amount so deducted. The surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee, if there be furnished to them such security or indemnity as they may require to save each of
them and any paying agent harmless. 
  
 Any Debt Security that is
to be redeemed only in part shall be surrendered at the corporate trust office of the Trustee or such other office or agency of the Company as is specified pursuant to Section 2.03 (in the case of Registered Securities) and at the principal London
office of the Trustee or such other office or agency of the Company outside the United States as is specified pursuant to Section 2.03 (in the case of Bearer Securities) with, if the Company, the Registrar or the Trustee so requires, due endorsement
by, or a written instrument of transfer in form satisfactory to the Company, the Registrar and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing, and the Company shall execute, and, upon receipt of a Company
Order requesting authentication and delivery, the Trustee shall authenticate and deliver to the Holder of such Debt Security without service charge, a new Debt Security or Debt Securities of the same series, of like tenor and form, of any authorized
denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debt Security so surrendered, and, in the case of a Coupon Security, with appropriate Coupons
attached; except that if a Global Security is so surrendered, the Company shall execute, and, upon receipt of a Company Order requesting authentication and delivery, the Trustee shall authenticate and deliver to the Depositary for such Global
Security, without service charge, a new Global Security in a denomination equal to and in exchange for the unredeemed portion of the principal of the Global Security so surrendered. In the case of a Debt Security providing appropriate space for such
notation, at the option of the Holder thereof, the Trustee, in lieu of delivering a new Debt Security or Debt Securities as aforesaid, may make a notation on such Debt Security of the payment of the redeemed portion thereof. 
  
 SECTION 3.05 Mandatory and Optional Sinking Funds. The minimum amount
of any sinking fund payment provided for by the terms of Debt Securities of any series is herein referred to as a “mandatory sinking fund payment”, and any payment in excess of such minimum amount provided for by the terms of Debt
Securities of any series is herein referred to as an “optional sinking fund payment”. 
  
 In lieu of making all or any part of any mandatory sinking fund payment with respect to any Debt Securities of a series in cash, the Company may at its
option (a) deliver to the Trustee Debt Securities of that series (together with the unmatured Coupons, if any, appertaining thereto) theretofore purchased or otherwise acquired by the Company or (b) receive credit for the principal amount of Debt
Securities of that series which have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt
Securities; provided, that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Debt Securities for redemption
through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly. 
  

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 SECTION 3.06 Redemption of Debt Securities for Sinking Fund. Not less than 60 days prior to each
sinking fund payment date for any series of Debt Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of that series,
the portion thereof, if any, which is to be satisfied by payment of cash in the Currency in which the Debt Securities of such series are denominated (except as provided pursuant to Section 2.03) and the portion thereof, if any, which is to be
satisfied by delivering and crediting Debt Securities of that series pursuant to this Section 3.06 (which Debt Securities, if not previously redeemed, will accompany such certificate) and whether the Company intends to exercise its right to make any
permitted optional sinking fund payment with respect to such series. Such certificate shall also state that no Event of Default has occurred and is continuing with respect to such series. Such certificate shall be irrevocable and upon its delivery
the Company shall be obligated to make the cash payment or payments therein referred to, if any, on or before the next succeeding sinking fund payment date. Failure of the Company to deliver such certificate (or to deliver the Debt Securities and
Coupons, if any, specified in this paragraph) shall not constitute a Default, but such failure shall require that the sinking fund payment due on the next succeeding sinking fund payment date for that series shall be paid entirely in cash and shall
be sufficient to redeem the principal amount of such Debt Securities subject to a mandatory sinking fund payment without the option to deliver or credit Debt Securities as provided in this Section 3.06 and without the right to make any optional
sinking fund payment, if any, with respect to such series. 
  
 Any
sinking fund payment or payments (mandatory or optional) made in cash plus any unused balance of any preceding sinking fund payments made in cash which shall equal or exceed $100,000 (or a lesser sum if the Company shall so request) with respect to
the Debt Securities of any particular series shall be applied by the Trustee on the sinking fund payment date on which such payment is made (or, if such payment is made before a sinking fund payment date, on the sinking fund payment date following
the date of such payment) to the redemption of such Debt Securities at the redemption price specified by the terms of such Debt Securities for operation of the sinking fund together with any accrued interest to the date fixed for redemption. Any
sinking fund moneys not so applied or allocated by the Trustee to the redemption of Debt Securities shall be added to the next cash sinking fund payment received by the Trustee for such series and, together with such payment, shall be applied in
accordance with the provisions of this Section 3.06. Any and all sinking fund moneys with respect to the Debt Securities of any particular series held by the Trustee on the last sinking fund payment date with respect to Debt Securities of such
series and not held for the payment or redemption of particular Debt Securities shall be applied by the Trustee, together with other moneys, if necessary, to be deposited sufficient for the purpose, to the payment of the principal of the Debt
Securities of that series at its Stated Maturity. 
  
 The Trustee
shall select the Debt Securities to be redeemed upon such sinking fund payment date in the manner specified in the last paragraph of Section 3.03 and the Company shall cause notice of the redemption thereof to be given in the manner provided in
Section 3.03 except that the notice of redemption shall also state that the Debt Securities are being redeemed by operation of the sinking fund. Such notice having been duly given, the redemption of such Debt Securities shall be made upon the terms
and in the manner stated in Section 3.04. 
  

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 At least one business day before each sinking fund payment date, the Company shall pay to the Trustee
(or, if the Company is acting as its own paying agent, the Company shall segregate and hold in trust) in cash a sum in the Currency in which the Debt Securities of such series are denominated (except as provided pursuant to Section 2.03) equal to
any interest accrued to the date fixed for redemption of Debt Securities or portions thereof to be redeemed on such sinking fund payment date pursuant to this Section 3.06. 
  
 The Trustee shall not redeem any Debt Securities of a series with sinking fund moneys or mail any notice of redemption of
such Debt Securities by operation of the sinking fund for such series during the continuance of a Default in payment of interest on such Debt Securities or of any Event of Default (other than an Event of Default occurring as a consequence of this
paragraph) with respect to such Debt Securities, except that if the notice of redemption of any such Debt Securities shall theretofore have been mailed in accordance with the provisions hereof, the Trustee shall redeem such Debt Securities if cash
sufficient for that purpose shall be deposited with the Trustee for that purpose in accordance with the terms of this Article III. Except as aforesaid, any moneys in the sinking fund for such series at the time when any such Default or Event of
Default shall occur and any moneys thereafter paid into such sinking fund shall, during the continuance of such Default or Event of Default, be held as security for the payment of such Debt Securities; provided, however, that in case
such Event of Default or Default shall have been cured or waived as provided herein, such moneys shall thereafter be applied on the next sinking fund payment date for such Debt Securities on which such moneys may be applied pursuant to the
provisions of this Section 3.06. 
  
 ARTICLE IV 
  
 Covenants of the Company 
  
 SECTION 4.01 Payment of Principal of, and Premium, If Any, and Interest
on, Debt Securities. The Company, for the benefit of each series of Debt Securities, will duly and punctually pay or cause to be paid the principal of, and premium, if any, and interest on, each of the Debt Securities and pay any Coupons at the
Place of Payment, at the respective times and in the manner provided herein, in the Debt Securities and in the Coupons. Each installment of interest on the Registered Securities may, at the Company’s option, be paid by mailing checks for such
interest payable to the Person entitled thereto pursuant to Section 2.07(a) to the address of such Person as it appears on the Debt Security Register, or if provided by the terms of the Registered Securities pursuant to Section 2.03 and in
accordance with arrangements satisfactory to the Trustee, at the option of the Registered Holder by wire transfer to an account designated by the Registered Holder. Any interest due on Coupon Securities on or before the Stated Maturity of the
related Debt Security, other than additional interest, if any, payable as provided in Section 4.06 in respect of principal of, or premium, if any, on such a Debt Security, shall be payable only upon presentation and surrender of the several Coupons
for such interest installments as are evidenced thereby as they severally mature. Payments of principal of or premium, if any, on any Debt Security shall be payable only upon presentation and surrender of the Debt Security. 
  
 Principal, premium and interest of Debt Securities of any series shall be
considered paid on the date due if on such date the Trustee or any paying agent holds in accordance with this 
  

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 Indenture money sufficient to pay in the Currency in which the Debt Securities of such series are denominated with
respect to Bearer Securities or in Dollars with respect to Registered Securities (in each case, except as otherwise provided pursuant to Section 2.03) all principal, premium and interest then due. 
  
 The Company shall pay interest on overdue principal at the rate specified
therefor in the Debt Securities and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. 
  
 SECTION 4.02 Maintenance of Offices or Agencies for Registration of Transfer, Exchange and Payment of Debt Securities. The Company will maintain in
each Place of Payment for any series of Debt Securities and Coupons, if any, an office or agency where Debt Securities and Coupons of such series (but, except as otherwise provided in Section 2.12, unless such Place of Payment is located outside the
United States, not Bearer Securities or Coupons) may be presented or surrendered for payment, where Debt Securities of such series may be surrendered for transfer or exchange and where notices and demands to or upon the Company in respect of the
Debt Securities and Coupons of such series and this Indenture may be served. So long as any Bearer Securities of any series remain outstanding, the Company will maintain for such purposes one or more offices or agencies outside the United States in
such city or cities specified pursuant to Section 2.03 and, if any Bearer Securities are listed on a securities exchange that requires an office or agency for the payment of principal of, and premium, if any, or interest on, such Bearer Securities
in a location other than the location of an office or agency specified pursuant to Section 2.03, the Company will maintain for such purposes an office or agency in such location so long as any Bearer Securities are listed on such securities exchange
and such exchange so requires. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency
or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the corporate trust office of the Trustee (in the case of Registered Securities) and at the principal London
office of the Trustee (in the case of Bearer Securities), and the Company hereby appoints the Trustee as its agent to receive all presentations, surrenders, notices and demands. 
  
 The Company may also from time to time designate different or additional offices or agencies to be maintained for such
purposes (in or outside of such Place of Payment), and may from time to time rescind any such designation; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations described
in the preceding paragraph. The Company will give prompt written notice to the Trustee of any such additional designation or rescission of designation and any change in the location of any such different or additional office or agency. 

 
 SECTION 4.03 Appointment to Fill a Vacancy in the Office of
Trustee. The Company, whenever necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 7.10, a Trustee, so that there shall at all times be a Trustee hereunder with respect to each series of
Debt Securities. 
  

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 SECTION 4.04 Duties of Paying Agents, etc. (a) The Company shall cause each paying agent, if any,
other than the Trustee, to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section 4.04, 
  
 (i) that it will hold all sums held by it as such agent for the payment of the principal of, and premium, if any, or
interest on, the Debt Securities of any series and the payment of any related Coupons (whether such sums have been paid to it by the Company or by any other obligor on the Debt Securities or Coupons of such series) in trust for the benefit of the
Holders of the Debt Securities and Coupons of such series; 
  
 (ii) that it will give the Trustee notice of any failure by the Company (or by any other obligor on the Debt Securities or Coupons of such series) to make any payment of the principal of, and premium, if any, or interest on, the Debt
Securities of such series or any payment on any related Coupons when the same shall be due and payable; and 
  
 (iii) that it will at any time during the continuance of an Event of Default, upon the written request of the Trustee, forthwith pay to the Trustee all
sums so held by it as such agent. 
  
 (b) If the Company shall act
as its own paying agent, it will, on or before each due date of the principal of, and premium, if any, or interest on, the Debt Securities and Coupons, if any, of any series, set aside, segregate and hold in trust for the benefit of the Holders of
the Debt Securities and Coupons of such series a sum sufficient to pay such principal, premium, if any, or interest so becoming due. The Company will promptly notify the Trustee of any failure by the Company to take such action or the failure by any
other obligor on such Debt Securities or Coupons to make any payment of the principal of, and premium, if any, or interest on, such Debt Securities or Coupons when the same shall be due and payable. 
  
 (c) Anything in this Section 4.04 to the contrary notwithstanding, the
Company may, at any time, for the purpose of obtaining a satisfaction and discharge of this Indenture, or for any other reason, pay or cause to be paid to the Trustee all sums held in trust by it or any paying agent, as required by this Section
4.04, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such paying agent. 
  
 (d) Whenever the Company shall have one or more paying agents with respect to any series of Debt Securities and Coupons, it will, prior to each due date
of the principal of, and premium, if any, or interest on, any Debt Securities of such series, deposit with any such paying agent a sum sufficient to pay the principal, premium or interest so becoming due, such sum to be held in trust for the benefit
of the Persons entitled thereto, and (unless any such paying agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. 
  
 (e) Anything in this Section 4.04 to the contrary notwithstanding, the agreement to hold sums in trust as provided in this
Section 4.04 is subject to the provisions of Section 11.05. 
  
 (f) The Company initially appoints the Trustee as the paying agent hereunder. 
  

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 SECTION 4.05 Statement by Officers as to Default. The Company will deliver to the Trustee, on or
before a date not more than four months after the end of each fiscal year of the Company (currently on a calendar year basis) ending after the date hereof, an Officers’ Certificate stating, as to each officer signing such certificate, that (i)
in the course of his performance of his duties as an officer of the Company he would normally have knowledge of any Default, (ii) whether or not to the best of his knowledge any Default occurred during such year and (iii) if to the best of his
knowledge the Company is in Default, specifying all such Defaults and what action the Company is taking or proposes to take with respect thereto. The Company also shall comply with Section 314(a)(4) of the Trust Indenture Act. 
  
 SECTION 4.06 Payment of Additional Interest. Unless otherwise provided
pursuant to Section 2.03, the provisions of this Section 4.06 shall be applicable to Bearer Securities of any series. 
  
 The Company will, subject to the exceptions and limitations set forth below, pay as additional interest to the Holder of any Bearer Security or Coupon
that is a United States Alien such amounts as may be necessary so that every net payment on such Bearer Security or Coupon, after deduction or withholding for or on account of any present or future tax, assessment or other governmental charge by the
United States (or any political subdivision or taxing authority thereof or therein) imposed upon or as a result of such payment, will not be less than the amount provided in such Bearer Security or Coupon to be then due and payable. However, the
Company will not be required to make any such payment of additional interest 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 such Holder (or such fiduciary, settlor, beneficiary, Person holding a power, member or shareholder) being or having been a citizen or 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) such Holder’s past or present status as a personal holding company, foreign personal holding company or 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; 
  
 (b) any estate, inheritance, gift, sales, transfer or personal property tax 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 the presentation by the Holder of a Bearer Security or Coupon 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;

  
 (d) any tax, assessment or other governmental charge that is
payable otherwise than by deduction or withholding from a payment on a Bearer Security or Coupon; 
  

 36 








 (e) any tax, assessment or other governmental charge which is required to be deducted or withheld from a
payment on a Bearer Security or Coupon because such payment is made by or through a U.S. middleman (as defined in Proposed Treasury Regulation Section 1.6049-5(d)(1)) that, as a custodian or nominee of the Holder, collects the payment for, or on
behalf of, the Holder; 
  
 (f) any tax, assessment or other
governmental charge that would not have been imposed but for a failure to comply with applicable certification, documentation, information or other reporting requirement concerning the nationality, residence, identity or connection with the United
States of the Holder or beneficial owner of a Bearer Security or Coupon 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 on a Holder that actually or constructively owns ten percent or more of the combined voting power of all classes of stock of the Company or that is a controlled foreign corporation related to the
Company through stock ownership; or 
  
 (h) any tax, assessment,
or other governmental charge imposed on a Holder that is a foreign bank pursuant to a determination that amounts paid or accrued with respect to a Bearer Security or Coupon constitute interest received by the bank on an extension of credit made
pursuant to a loan agreement entered into in the ordinary course of the bank’s trade or business (within the meaning of Section 881(c)(3)(A) of the Code); 
  

nor shall additional interest be paid with respect to a payment on a Bearer Security or Coupon 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 interest had such beneficiary, settlor,
member or beneficial owner been the Holder of such Bearer Security or Coupon. 
  
 Whenever in this Indenture there is mentioned, in any context, the payment of the principal of, or premium, if any, or interest on, any Debt Security or payment with respect to any Coupon of any series, such mention
shall be deemed to include mention of the payment of additional interest provided for in the terms of such Debt Securities and this Section 4.06 to the extent that, in such context, additional interest is, was or would be payable in respect thereof
pursuant to the provisions of this Section 4.06 and express mention of the payment of additional interest (if applicable) in any provisions hereof shall not be construed as excluding additional interest in those provisions hereof where such express
mention is not made. 
  
 If the payment of additional interest
becomes required in respect of the Debt Securities of a series, at least ten days prior to the first interest payment date with respect to which such additional interest will be payable (or if the Debt Securities of that series will not bear
interest prior to its Stated Maturity, the first day on which a payment of principal, and premium, if any, is made and on which such additional interest will be payable), and at least ten days prior to each date of payment of principal, and premium,
if any, or interest if there has been any change with 
  

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 respect to the matters set forth in the below-mentioned Officers’ Certificate, the Company will furnish the Trustee
and each paying agent with an Officers’ Certificate that shall specify by country the amount, if any, required to be withheld on such payments to Holders of Debt Securities or Coupons that are United States Aliens, and the Company will pay to
the Trustee or such paying agent the additional interest, if any, required by the terms of such Debt Securities and this Section 4.06. The Company covenants to indemnify the Trustee and any paying agent for, and to hold them harmless against, any
loss, liability or expense reasonably incurred without negligence or bad faith on their part arising out of or in connection with actions taken or omitted by any of them in reliance on any Officers’ Certificate furnished pursuant to this
Section 4.06. 
  
 SECTION 4.07 Limitation on Liens. The
Company will not itself, and will not permit any Restricted Subsidiary to, incur, issue, assume or guarantee any notes, bonds, debentures or other similar evidences of indebtedness for money borrowed (notes, bonds, debentures or other similar
evidences of indebtedness for money borrowed being hereinafter called “Debt”) secured by pledge of, or mortgage or other lien on, any Real Property of the Company or any Restricted Subsidiary, or any shares of stock or Debt of any
Restricted Subsidiary (pledges, mortgages and other liens being hereinafter called “Mortgage” or “Mortgages”), without effectively providing that the Debt Securities (together with, if the Company shall so determine, any other
Debt of the Company or that Restricted Subsidiary then existing or thereafter created that is not subordinate to such Securities) shall be secured equally and ratably with (or prior to) such secured Debt (for the purpose of providing such equal and
ratable security the principal amount of such Debt Securities shall mean and shall not be less than that principal amount which could be declared to be due and payable pursuant to Section 6.01 on the date of the making of such effective provision
and the extent of such equal and ratable security shall be adjusted, to the extent permitted by law, as and when that principal amount changes over time pursuant to Section 6.01 and any other provision hereof), so long as such secured Debt shall be
so secured, unless, after giving effect thereto, the aggregate amount of all such secured Debt plus all Attributable Debt of the Company and its Restricted Subsidiaries in respect of Sale and Leaseback Transactions (other than such Sale and
Leaseback Transactions the proceeds of which are applied to reduce indebtedness under clause (2) of Section 4.08) would not exceed 10% of Consolidated Net Tangible Assets; provided, however, that this Section shall not apply to, and there shall be
excluded from secured Debt in any computation under this Section, Debt secured by: 
  
 (1) Mortgages existing as of the date of this Indenture; 
  
 (2) Mortgages on property of, or on any shares of stock (or other interest in) or Debt of, any corporation,
association, partnership or other entity existing at the time such entity becomes a Restricted Subsidiary or an obligor under this Indenture; 
  
 (3) Mortgages in favor of the Company or any Restricted Subsidiary by a Restricted Subsidiary; 
  
 (4) Mortgages (including the assignment of moneys due or to
become due thereon) in favor of the United States of America or any state thereof, or any 
  

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 agency, department or other instrumentality thereof, to secure progress, advance or other payments
pursuant to any contract or provision of any statute; 
  
 (5) Mortgages on property, shares of stock or Debt existing at the time of acquisition thereof (including acquisition through merger or consolidation) or to secure the payment of all or any part of the purchase price, construction cost, or
development cost thereof or to secure any Debt incurred prior to, at the time of, or within 360 days after, the acquisition of such property or shares or Debt or the completion of any such construction or development for the purpose of financing all
or any part of the purchase price or construction cost or development cost thereof; and 
  
 (6) any extension, renewal or refinancing (or successive extensions, renewals or refinancings), as a whole or in part, of any Mortgage
referred to in the foregoing clauses (1) to (5), inclusive; provided, however, that (i) such extension, renewal or refinancing Mortgage shall be limited to all or a part of the same property, shares of stock or Debt that secured the
Mortgage extended, renewed or refinanced (plus improvements on such property) and (ii) the principal amount of Debt secured by such Mortgage at such time is not increased in an amount exceeding 105% thereof. 
  
 SECTION 4.08 Limitation on Sales and Leasebacks. The Company will not
itself, and it will not permit any Restricted Subsidiary to, enter into any arrangement with any bank, insurance company or other lender or investor (not including the Company or any Restricted Subsidiary) or to which any such lender or investor is
a party, providing for the leasing by the Company or any such Restricted Subsidiary for a period, including renewals, in excess of three years of any Real Property that has been or is to be sold or transferred, more than 360 days after the
completion of construction and commencement of full operation thereof, by the Company or any such Restricted Subsidiary to such lender or investor or to any Person to whom funds have been or are to be advanced by such lender or investor on the
security of such Real Property (herein referred to as a “Sale and Leaseback Transaction”) unless either: 
  
 (1) the Company or such Restricted Subsidiary could create Debt secured by a Mortgage pursuant to Section 4.07 on the Real Property to be
leased back in an amount equal to the Attributable Debt with respect to such Sale and Leaseback Transaction without equally and ratably securing the Securities, or 
  
 (2) the Company or such Restricted Subsidiary within 120 days after the sale or transfer shall have been
made by the Company or by any such Restricted Subsidiary, applies an amount equal to the net proceeds of the sale of the Real Property sold and leased back pursuant to such arrangement to the retirement of Debt Securities or Funded Debt of the
Company or any of its Restricted Subsidiaries. 
  
 SECTION 4.09
Waiver of Certain Covenants. The Company may omit in any particular instance to comply with any term, provision or condition set forth in Sections 4.07 and 4.08 with respect to the Debt Securities of any series if before or after the time for
such 
  

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 compliance the Holders of at least a majority in aggregate principal amount of the Outstanding Debt Securities of such
series shall either waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived,
and, until such waiver shall become effective, the obligations of the Company in respect of any such term, provision or condition shall remain in full force and effect. 
  
 SECTION 4.10 Existence. Other than in connection with a transaction permitted pursuant to Article X, the Company will
do or cause to be done all things necessary to preserve and keep in full force and effect its existence, rights (charter and statutory) and franchises; provided, however, that the Company shall not be required to preserve any such right or franchise
if an officer of the Company shall determine that the preservation thereof is no longer desirable in the conduct of the Company’s business. 
  
 SECTION 4.11 Further Instruments and Acts. The Company will, upon request of the Trustee, execute and deliver such further instruments and do such
further acts as may reasonably be necessary or proper to carry out more effectually the purposes of this Indenture. 
  
 ARTICLE V 
  
 Holders’ Lists and Reports 
 By the Company and the Trustee 
  
 SECTION 5.01 Company to Furnish Trustee Information as to Names and
Addresses of Holders; Preservation of Information. The Company covenants and agrees that it will furnish or cause to be furnished to the Trustee with respect to the Registered Securities of each series: 
  
 (a) not more than 15 days after each record date with respect to the payment
of interest, if any, a list, in such form as the Trustee may reasonably require, of the names and addresses of the Registered Holders as of such record date, and 
  
 (b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such
request, a list of similar form and contents as of a date not more than 15 days prior to the time such list is furnished; 
  
 provided, however, that so long as the Trustee shall be the Registrar, such lists shall not be required to be furnished. 
  
 The Company shall also be required to furnish to the Trustee at all such
times set forth above all information in the possession or control of the Company or any of its paying agents other than the Trustee as to the names and addresses of the Bearer Holders of all series; provided, however, that the Company
shall have no obligation to investigate any matter relating to any Bearer Holders. 
  
 The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the Holders (1) contained in the most recent list 
  

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 furnished to it as provided in this Section 5.01 or (2) received by it in the capacity of paying agent or Registrar (if
so acting) hereunder. 
  
 The Trustee may destroy any list
furnished to it as provided in this Section 5.01 upon receipt of a new list so furnished. 
  
 SECTION 5.02 Communications to Holders. Holders may communicate pursuant to Section 312(b) of the Trust Indenture Act with other Holders with respect to their rights under this Indenture or the Debt Securities.
The Company, the Trustee, the Registrar and anyone else shall have the protection of Section 312(c) of the Trust Indenture Act. 
  
 SECTION 5.03 Reports by Company. (a) The Company covenants and agrees, and any obligor hereunder shall covenant and agree, to file with the Trustee
and the Holders (in the manner and to the extent provided in Section 5.04), within 15 days after the Company or such obligor, as the case may be, is required to file the same with the Securities and Exchange Commission, copies of the annual reports
and of the information, documents and other reports (or copies of such portions of any of the foregoing as said Commission may from time to time by rules and regulations prescribe) which the Company or such obligor, as the case may be, may be
required to file with said Commission pursuant to Section 13 or Section 15(d) of the Exchange Act; or, if the Company or such obligor, as the case may be, is not required to file information, documents or reports pursuant to either of such Sections,
then to file with the Trustee, the Holders (in the manner and to the extent provided in Section 5.04) and said Commission, in accordance with rules and regulations prescribed from time to time by said Commission, such of the supplementary and
periodic information, documents and reports which may be required pursuant to Section 13 of the Exchange Act in respect of a security listed and registered on a national securities exchange as may be prescribed from time to time in such rules and
regulations. 
  
 (b) The Company covenants and agrees, and any
obligor hereunder shall covenant and agree, to file with the Trustee, the Holders (in the manner and to the extent provided in Section 5.04) and the Securities and Exchange Commission, in accordance with the rules and regulations prescribed from
time to time by said Commission, such additional information, documents, and reports with respect to compliance by the Company or such obligor, as the case may be, with the conditions and covenants provided for in this Indenture as may be required
from time to time by such rules and regulations. 
  
 SECTION 5.04
Reports by Trustee. As promptly as practicable after each January 1 beginning with the January 1 following the date of this Indenture, and in any event prior to March 1 in each year, the Trustee shall mail to each Holder a brief report dated
as of December 31 of the prior year if and to the extent required by Section 313(a) of the Trust Indenture Act. The Trustee also shall comply with Section 313(b) of the Trust Indenture Act. 
  
 Reports pursuant to this Section 5.04 shall be transmitted by mail:

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

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 (2) to such Bearer Holders of any series as have, within two years preceding such
transmission, filed their names and addresses with the Trustee for such series for that purpose; and 
  
 (3) except in the cases of reports under Section 313(b)(2) of the Trust Indenture Act, to each Holder of a Debt Security of any series
whose name and address appear in the information preserved at the time by the Trustee in accordance with Section 5.02. 
  
 A copy of each report at the time of its mailing to Holders shall be filed with the Securities and Exchange Commission and each stock exchange (if any) on
which the Debt Securities of any series are listed. The Company agrees to notify promptly the Trustee whenever the Debt Securities of any series become listed on any stock exchange and of any delisting thereof. 
  
 SECTION 5.05 Record Dates for Action by Holders. If the Company shall
solicit from the Holders of Debt Securities of any series any action (including the making of any demand or request, the giving of any direction, notice, consent or waiver or the taking of any other action), the Company may, at its option, by
resolution of the Board of Directors, fix in advance a record date for the determination of Holders of Debt Securities entitled to take such action, but the Company shall have no obligation to do so. Any such record date shall be fixed at the
Company’s discretion. If such a record date is fixed, such action may be sought or given before or after the record date, but only the Holders of Debt Securities of record at the close of business on such record date shall be deemed to be
Holders of Debt Securities for the purpose of determining whether Holders of the requisite proportion of Debt Securities of such series Outstanding have authorized or agreed or consented to such action, and for that purpose the Debt Securities of
such series Outstanding shall be computed as of such record date. 
  
 ARTICLE VI 
  
 Remedies of the Trustee and Holders in
Event of Default 
  
 SECTION 6.01 Events of Default. If
any one or more of the following shall have occurred and be continuing with respect to Debt Securities of any series (each of the following, an “Event of Default”): 
  
 (a) default in the payment of any installment of interest upon any Debt Securities of that series or any payment with
respect to the related Coupons, if any, as and when the same shall become due and payable, and continuance of such default for a period of 30 days; or 
  
 (b) default in the payment of the principal of or premium, if any, on any Debt Securities of that series as and when the same shall become due and
payable, whether at maturity, upon redemption, by declaration, upon required repurchase or otherwise; or 
  
 (c) default in the payment of any sinking fund payment with respect to any Debt Securities of that series as and when the same shall become due and
payable; or 
  

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 (d) default in the performance, or breach, of any covenant of the Company in this Indenture, including
failure on the part of the Company to comply with Article X, (other than a covenant or a default in whose performance or whose breach is elsewhere in this Section specifically dealt with or which has expressly been included in this Indenture solely
for the benefit of a series of Debt Securities other than that series), and continuance of such default or breach for a period of 90 days after the date on which written notice specifying such failure, stating that such notice is a “notice of
default” hereunder, and requiring the Company to remedy the same shall have been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in aggregate principal
amount of the Debt Securities of that series at the time Outstanding; or 
  
 (e) if an event of default as defined in any mortgage, indenture, bonds, debentures, notes or instrument under which there may be issued, or by which there may be secured or evidenced, any indebtedness of the Company
for money borrowed, whether such indebtedness now exists or shall hereafter be created, shall happen and shall result in more than $50,000,000 (or its equivalent in any other currency) in principal amount of such indebtedness becoming or being
declared due and payable before the date on which it would otherwise become due and payable, and that acceleration shall not be rescinded or annulled, or that indebtedness shall not have been discharged, within a period of 10 days after there has
been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the Debt Securities of that series at the time outstanding a written notice specifying
the event of default and requiring the Company to cause the acceleration to be rescinded or annulled or to cause that indebtedness to be discharged and stating that such notice is a “notice of default” hereunder; or 
  
 (f) the Company shall (i) voluntarily commence any proceeding or file any
petition seeking relief under Title 11 of the United States Code or any other Federal or State bankruptcy, insolvency or similar law, (ii) consent to the institution of, or fail to controvert within the time and in the manner prescribed by law, any
such proceeding or the filing of any such petition, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator or similar official for the Company or for a substantial part of its property, (iv) file an answer
admitting the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of creditors, (vi) admit in writing its inability or fail generally to pay its debts as they become due, (vii)
take corporate action for the purpose of effecting any of the foregoing, or (viii) take any comparable action under any foreign laws relating to insolvency; or 
  

(g) the entry of an order or decree by a court having competent jurisdiction in the premises for (i) relief in respect of the Company or a substantial
part of any of its property under Title 11 of the United States Code or any other Federal or State bankruptcy, insolvency or similar law, (ii) the appointment of a receiver, trustee, custodian, sequestrator or similar official for the Company or for
a substantial part of any of its property or (iii) the winding-up or liquidation of the Company, and such order or decree shall continue unstayed and in effect for 60 consecutive days; or any similar relief is granted under any foreign laws and the
order or decree stays in effect for 60 consecutive days; or 
  

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 (h) any other Event of Default provided with respect to Debt Securities of that series; 
  
 then and in each and every case that an Event of Default described in clause (a), (b), (c),
(d), (e) or (h) with respect to Debt Securities of that series at the time Outstanding occurs and is continuing, unless the principal of and interest on all the Debt Securities of that series shall have already become due and payable, either the
Trustee or the Holders of not less than 25% in aggregate principal amount of the Debt Securities of that series then Outstanding hereunder, by notice in writing to the Company (and to the Trustee if given by Holders), may declare the principal of
(or, if the Debt Securities of that series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms of that series) and interest on all the Debt Securities of that series to be due and
payable immediately, and upon any such declaration the same shall become and shall be immediately due and payable, anything in this Indenture or in the Debt Securities or Coupons appertaining thereto of that series contained to the contrary
notwithstanding. If an Event of Default described in clause (f) or (g) occurs, then and in each and every such case, unless the principal of and interest on all the Debt Securities shall have become due and payable, the principal of (or, if any Debt
Securities are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms thereto) and interest on all the Debt Securities then Outstanding hereunder shall ipso facto become and be
immediately due and payable without any declaration or other act on the part of the Trustee or any Holders, anything in this Indenture or in the Debt Securities contained to the contrary notwithstanding. 
  
 In case the Trustee or any Holder shall have proceeded to enforce any right
under this Indenture and such proceedings shall have been discontinued or abandoned because of such rescission or annulment or for any other reason or shall have been determined adversely to the Trustee or such Holder, then and in every such case
the parties hereto shall be restored respectively to their several positions and rights hereunder, and all rights, remedies and powers of the parties hereto shall continue as though no such proceeding had been taken. 
  
 The Holders of a majority in principal amount of the Debt Securities of a
particular series by notice to the Trustee may rescind an acceleration and its consequences if the rescission would not conflict with any judgment or decree already rendered and if all existing Events of Default have been cured or waived except
nonpayment of principal or interest that has become due solely because of acceleration. Upon any such rescission, the parties hereto shall be restored respectively to their several positions and rights hereunder, and all rights, remedies and powers
of the parties hereto shall continue as though no such proceeding had been taken. 
  
 The foregoing Events of Default shall constitute Events of Default whatever the reason for any such Event of Default and whether it is voluntary or involuntary or is effected by operation of law or pursuant to any
judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body. 
  
 The Company shall deliver to the Trustee, within 30 days after the occurrence thereof, written notice in the form of an Officers’ Certificate of any
event which with the giving of notice and the lapse of time would become an Event of Default under clause (d), (e) or (h) indicating its status and what action the Company is taking or proposes to take with respect thereto. 
  

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 SECTION 6.02 Collection of Indebtedness by Trustee, etc. If an Event of Default occurs and is
continuing, the Trustee, in its own name and as trustee of an express trust, shall be entitled and empowered to institute any action or proceedings at law or in equity for the collection of the sums so due and unpaid or enforce the performance of
any provision of the Debt Securities of the affected series or this Indenture, and may prosecute any such action or proceedings to judgment or final decree, and may enforce any such judgment or final decree against the Company or any other obligor
upon the Debt Securities, and the Coupons, if any, appertaining thereto, of such series (and collect in the manner provided by law out of the property of the Company or any other obligor wherever situated upon the Debt Securities and Coupons of such
series) the moneys adjudged or decreed to be payable. 
  
 In case
there shall be pending proceedings for the bankruptcy or for the reorganization of the Company or any other obligor upon the Debt Securities and Coupons, if any, of any series under Title 11 of the United States Code or any other Federal or State
bankruptcy, insolvency or similar law, or in case a receiver, trustee or other similar official shall have been appointed for its property, or in case of any other similar judicial proceedings relative to the Company or any other obligor upon the
Debt Securities of any series, its creditors or its property, the Trustee, irrespective of whether the principal of Debt Securities and Coupons, if any, of any series shall then be due and payable as therein expressed or by declaration or otherwise
and irrespective of whether the Trustee shall have made any demand pursuant to the provisions of this Section 6.02, shall be entitled and empowered, by intervention in such proceedings or otherwise, to file and prove a claim or claims for the whole
amount of principal, premium, if any, and interest (or, if the Debt Securities of such series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms of such series) owing and unpaid in
respect of the Debt Securities and Coupons of such series, and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for reasonable compensation to the Trustee, its
agents, attorneys and counsel, and for reimbursement of all expenses and liabilities incurred, and all advances made, by the Trustee except as a result of its negligence or bad faith) and of the Holders thereof allowed in any such judicial
proceedings relative to the Company, or any other obligor upon the Debt Securities and Coupons of such series, its creditors or its property, and to collect and receive any moneys or other property payable or deliverable on any such claims, and to
distribute all amounts received with respect to the claims of such Holders and of the Trustee on their behalf, and any receiver, assignee or trustee in bankruptcy or reorganization is hereby authorized by each of such Holders to make payments to the
Trustee, and, in the event that the Trustee shall consent to the making of payments directly to such Holders, to pay to the Trustee such amount as shall be sufficient to cover reasonable compensation to the Trustee, its agents, attorneys and
counsel, and all other reasonable expenses and liabilities incurred, and all advances made, by the Trustee except as a result of its negligence or bad faith. 
  
 All rights of action and of asserting claims under this Indenture, or under any of the Debt Securities and the Coupons, if any, appertaining thereto, of
any series, may be enforced by the Trustee without the possession of any such Debt Securities or Coupons, or the production thereof in any trial or other proceedings relative thereto, and any such action or proceedings instituted by the Trustee
shall be brought in its own name as trustee of an express trust, and any recovery of judgment (except for any amounts payable to the Trustee pursuant to Section 7.06) shall be for 
  

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 the ratable benefit of the Holders of all the Debt Securities or Coupons in respect of which such action was taken.

  
 In case of an Event of Default hereunder the Trustee may in
its discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at law or in equity or in
bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the
Trustee by this Indenture or by law. 
  
 SECTION 6.03
Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to Section 6.02 with respect to Debt Securities and Coupons, if any, of any series shall be applied in the order following, at the date or dates fixed by
the Trustee for the distribution of such moneys, upon presentation of the several Debt Securities or Coupons of such series in respect of which moneys have been collected, and the notation thereon of the payment, if only partially paid, and upon
surrender thereof if fully paid: 
  
 FIRST: To the
payment of all money due the Trustee pursuant to Section 7.06; 
  
 SECOND: In case the principal of the Outstanding Debt Securities in respect of which such moneys have been collected shall not have become due, to the payment of interest on the Debt Securities or Coupons of such
series in the order of the maturity of the installments of such interest, with interest (to the extent that such interest has been collected by the Trustee) upon the overdue installments of interest at the rate or Yield to Maturity (in the case of
Original Issue Discount Debt Securities) borne by the Debt Securities or Coupons of such series, such payments to be made ratably to the Persons entitled thereto, without discrimination or preference; 
  
 THIRD: In case the principal of the Outstanding Debt
Securities in respect of which such moneys have been collected shall have become due, by declaration or otherwise, to the payment of the whole amount then owing and unpaid upon the Debt Securities or Coupons of such series for principal and premium,
if any, and interest, with interest on the overdue principal and premium, if any, and (to the extent that such interest has been collected by the Trustee) upon overdue installments of interest at the rate or Yield to Maturity (in the case of
Original Issue Discount Debt Securities) borne by the Debt Securities or Coupons of such series; and, in case such moneys shall be insufficient to pay in full the whole amount so due and unpaid upon the Debt Securities and Coupons of such series,
then to the payment of such principal and premium, if any, and interest, without preference or priority of principal and premium, if any, over interest, or of interest over principal and premium, if any, or of any installment of interest over any
other installment of interest, or of any Debt Security or Coupon of such series over any Debt Security or Coupon of such series, ratably to the aggregate of such principal and premium, if any, and interest; and 
  

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 FOURTH: The remainder, if any, shall be paid to the Company, its successors or assigns,
or to whomsoever may be lawfully entitled to receive the same, or as a court of competent jurisdiction may direct. 
  
 The Trustee may fix a record date and payment date for any payment to Holders pursuant to this Section 6.03. At least 15 days before such record date, the
Company shall mail to each Holder and the Trustee a notice that states the record date, the payment date and amount to be paid. 
  
 SECTION 6.04 Limitation on Suits by Holders. No Holder of any Debt Security or Coupon of any series shall have any right by virtue or by availing
of any provision of this Indenture to institute any action or proceeding at law or in equity or in bankruptcy or otherwise, upon or under or with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy
hereunder, unless such Holder previously shall have given to the Trustee written notice of an Event of Default with respect to Debt Securities of that same series and of the continuance thereof and unless the Holders of not less than 25% in
aggregate principal amount of the Outstanding Debt Securities of that series shall have made written request upon the Trustee to institute such action or proceedings in respect of such Event of Default in its own name as Trustee hereunder and shall
have offered to the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee, for 60 days after its receipt of such notice, request and offer of indemnity
shall have failed to institute any such action or proceedings and no direction inconsistent with such written request shall have been given to the Trustee pursuant to Section 6.06; it being understood and intended, and being expressly covenanted by
the Holder of every Debt Security or Coupon with every other Holder and the Trustee, that no one or more Holders shall have any right in any manner whatever by virtue or by availing of any provision of this Indenture to affect, disturb or prejudice
the rights of any Holders, or to obtain or seek to obtain priority over or preference to any other such Holder, or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all
such Holders. For the protection and enforcement of the provisions of this Section 6.04, each and every Holder and the Trustee shall be entitled to such relief as can be given either at law or in equity. 
  
 Notwithstanding any other provision in this Indenture, however, the right of
any Holder of any Debt Security or Coupon to receive payment of the principal of, and premium, if any, and (subject to Section 2.12) interest on, such Debt Security or Coupon, on or after the respective due dates expressed in such Debt Security, and
to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 
  
 SECTION 6.05 Remedies Cumulative; Delay or Omission in Exercise of Rights Not a Waiver of Default. All powers and
remedies given by this Article VI to the Trustee or to the Holders shall, to the extent permitted by law, be deemed cumulative and not exclusive of any thereof or of any other powers and remedies available to the Trustee or the Holders, by judicial
proceedings or otherwise, to enforce the performance or observance of the covenants and agreements contained in this Indenture, and no delay or omission of the Trustee or of any Holder to exercise any right or power accruing upon any Default
occurring and continuing as aforesaid, shall impair any such right or power, or shall be construed to be a waiver of any such Default or 
  

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 an acquiescence therein; and, subject to the provisions of Section 6.04, every power and remedy given by this Article VI
or by law to the Trustee or to the Holders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders. 
  
 SECTION 6.06 Rights of Holders of Majority in Principal Amount of Debt Securities to Direct Trustee and to Waive Default. The Holders of a majority
in aggregate principal amount of the Debt Securities of any series at the time Outstanding shall have the right to direct the time, method, and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or
power conferred on the Trustee, with respect to the Debt Securities of such series; provided, however, that such direction shall not be otherwise than in accordance with law and the provisions of this Indenture, and that subject to the
provisions of Section 7.01, the Trustee shall have the right to decline to follow any such direction if the Trustee being advised by counsel shall determine that the action so directed may not lawfully be taken, or if the Trustee shall by a
responsible officer or officers determine that the action so directed would involve it in personal liability or would be unjustly prejudicial to Holders of Debt Securities of such series not taking part in such direction; and provided,
further, however, that nothing in this Indenture contained shall impair the right of the Trustee to take any action deemed proper by the Trustee and which is not inconsistent with such direction by such Holders. Prior to the
acceleration of the maturity of the Debt Securities of any series, as provided in Section 6.01, the Holders of a majority in aggregate principal amount of the Debt Securities of that series at the time Outstanding may on behalf of the Holders of all
the Debt Securities and any related Coupons of that series waive any past Default or Event of Default and its consequences for that series specified in the terms thereof as contemplated by Section 2.03, except (i) a Default in the payment of the
principal of, and premium, if any, or interest on, any of the Debt Securities or in the payment of any related Coupon and (ii) a Default in respect of a provision that under Section 9.02 cannot be amended without the consent of each Holder affected
thereby. In case of any such waiver, such Default shall cease to exist, any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture, and the Company, the Trustee and the Holders of the Debt
Securities of that series shall be restored to their former positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 
  
 SECTION 6.07 Trustee to Give Notice of Defaults Known to It, but May
Withhold Such Notice in Certain Circumstances. The Trustee shall, within 90 days after the occurrence of a Default known to it with respect to a series of Debt Securities or Coupons, if any, give to the Holders thereof, in the manner provided in
Section 12.03, notice of all Defaults with respect to such series known to the Trustee, unless such Defaults shall have been cured or waived before the giving of such notice; provided, that, except in the case of Default in the payment of the
principal of, or premium, if any, or interest on, any of the Debt Securities or Coupons of such series or in the making of any sinking fund payment with respect to the Debt Securities of such series, the Trustee shall be protected in withholding
such notice if and so long as the board of directors, the executive committee or a committee of directors or responsible officers of the Trustee in good faith determine that the withholding of such notice is in the interests of the Holders thereof
and provided further that, in the case of any Default as described in Section 6.01(d) with respect to Debt Securities of such series, no such notice to Holders of Debt securities of such series shall be given until the 90th day after the date of the
notice specified in such Section shall have been given. Except with respect to a Default or an Event of Default 
  

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 pursuant to Section 6.01(a), (b) or (c), the Trustee will not be charged with knowledge of any Default or Event of
Default unless written notice thereof shall have been given to a responsible officer by the Company or any Holder and such notice references the Debt Securities generally, the Company or this Indenture. 
  
 SECTION 6.08 Requirement of an Undertaking To Pay Costs in Certain Suits
under the Indenture or Against the Trustee. All parties to this Indenture agree, and each Holder of any Debt Security or Coupon by his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit
for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit in
the manner and to the extent provided in the Trust Indenture Act, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in such suit, having due regard to the merits
and good faith of the claims or defenses made by such party litigant; but the provisions of this Section 6.08 shall not apply to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate
more than ten percent in principal amount of the Outstanding Debt Securities of that series or to any suit instituted by any Holder for the enforcement of the payment of the principal of, or premium, if any, or interest on, any Debt Security or
Coupon on or after the due date for such payment expressed in such Debt Security or Coupon. 
  
 ARTICLE VII 
  
 Concerning the
Trustee 
  
 SECTION 7.01 Certain Duties and
Responsibilities. The Trustee, prior to the occurrence of an Event of Default and after the curing or waiving of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth
in this Indenture. In case an Event of Default has occurred (which has not been cured or waived), 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 their exercise,
as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. 
  
 No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act, or
its own willful misconduct, except that: 
  
 (a) this subsection
shall not be construed to limit the effect of the first paragraph of this Section 7.01; 
  
 (b) prior to the occurrence of an Event of Default with respect to the Debt Securities of a series and after the curing or waiving of all Events of Default with respect to such series which may have occurred:

  
 (1) the duties and obligations of the Trustee
with respect to Debt Securities and Coupons, if any, of any series shall be determined solely by the express provisions of this Indenture, and the Trustee shall not be liable except for 
  

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 the performance of such duties and obligations with respect to such series as are specifically set forth
in this Indenture, and no implied covenants or obligations with respect to such series shall be read into this Indenture against the Trustee; and 
  
 (2) in the absence of bad faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the statements and the
correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any provision hereof are
specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture; 
  
 (c) the Trustee shall not be liable for an error of judgment made in good faith by a responsible officer, unless it shall be
proved that the Trustee was negligent in ascertaining the pertinent facts; and 
  
 (d) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it with respect to Debt Securities of any series in good faith in accordance with the direction of the Holders of not less
than a majority in aggregate principal amount of the Outstanding Debt Securities of that series relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred
upon the Trustee, under this Indenture with respect to Debt Securities of such series. 
  
 None of the provisions of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any personal financial liability in the performance of any of its duties hereunder, or in the
exercise of any of its rights or powers, if there shall be reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. 
  
 Whether or not therein expressly so provided, every provision of this
Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. 
  
 SECTION 7.02 Certain Rights of Trustee. Except as otherwise provided in Section 7.01: 
  
 (a) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate,
statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; 
  
 (b) any request, direction, order or demand of the Company mentioned herein
shall be sufficiently evidenced by a Company Order (unless other evidence in respect thereof be herein specifically prescribed); and any resolution of the Board of Directors may be evidenced to the Trustee by a copy thereof certified by the
Secretary or an Assistant Secretary of the Company; 
  

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

 
 (d) the Trustee may consult with counsel or require an Opinion of Counsel,
and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance with such advice or Opinion of
Counsel; 
  
 (e) the Trustee shall be under no obligation to
exercise any of the rights or powers vested in it by this Indenture at the request, order or direction of any of the Holders of Debt Securities or Coupons of any series pursuant to the provisions of this Indenture, unless such Holders shall have
offered to the Trustee reasonable security or indemnity against the costs, expenses and liabilities which may be incurred therein or thereby; 
  
 (f) the Trustee shall not be liable for any action taken or omitted by it in good faith and reasonably believed by it to be authorized or within the
discretion or rights or powers conferred upon it by this Indenture; 
  
 (g) prior to the occurrence of an Event of Default and after the curing of all Events of Default which may have occurred, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution,
certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, approval, bond, debenture, note, coupon, other evidence of indebtedness, or other paper or document, unless requested in writing to do so by the Holders
of a majority in aggregate principal amount of the then Outstanding Debt Securities of a series affected by such matter; provided, however, that if the payment within a reasonable time to the Trustee of the costs, expenses or
liabilities likely to be incurred by it in the making of such investigation is not, in the opinion of the Trustee, reasonably assured to the Trustee by the security afforded to it by the terms of this Indenture, the Trustee may require reasonable
indemnity against such costs, expenses or liabilities as a condition to so proceeding. The reasonable expense of every such investigation shall be paid by the Company or, if paid by the Trustee, shall be repaid by the Company upon demand;

  
 (h) the Trustee may execute any of the trusts or powers
hereunder or perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed by it with due care hereunder;

  
 (i) if any property other than cash shall at any time be
subject to a Lien in favor of the Holders, the Trustee, if and to the extent authorized by a receivership or bankruptcy court of competent jurisdiction or by the supplemental instrument subjecting such property to such lien, shall be entitled (but
shall not have a duty or obligation) to make advances for the purpose of preserving such property or of discharging tax Liens or other prior Liens or encumbrances thereon; and 
  

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 (j) for all purposes under this Indenture, the Trustee shall not be deemed to have notice or knowledge of
any Default or Event of Default (other than under Section 6.01(a), (b) or (c)) unless written notice of such Default or Event of Default is received by a responsible officer from the Company or a Holder and such notice references the Debt Securities
generally, the Company or this Indenture. 
  
 SECTION 7.03
Trustee Not Liable for Recitals in Indenture or in Debt Securities. The recitals contained herein, in the Debt Securities (except the Trustee’s certificate of authentication) and in any Coupons shall be taken as the statements of the
Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debt Securities or Coupons, if any, of any series or any
prospectus related to the Debt Securities of any series. The Trustee shall not be accountable for the use or application by the Company of any of the Debt Securities or of the proceeds thereof. 
  
 SECTION 7.04 Trustee, Paying Agent or Registrar May Own Debt
Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities or Coupons and subject to the provisions of the Trust Indenture Act relating to conflicts of
interest and preferential claims may otherwise deal with the Company with the same rights it would have if it were not Trustee, paying agent or Registrar. 
  
 SECTION 7.05 Moneys Received by Trustee to Be Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall,
until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any
moneys received by it hereunder. So long as no Event of Default shall have and be continuing, all interest allowed on any such moneys shall be paid from time to time to the Company upon a Company Order. 
  
 SECTION 7.06 Compensation and Reimbursement. The Company covenants and
agrees to pay in Dollars to the Trustee from time to time, and the Trustee shall be entitled to, reasonable compensation for all services rendered by it hereunder (which shall not be limited by any provision of law in regard to the compensation of a
trustee of an express trust), and, except as otherwise expressly provided herein, the Company will pay or reimburse in Dollars the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in
accordance with any of the provisions of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents, attorneys and counsel and of all Persons not regularly in its employ and including all costs, expenses
and losses associated with the payment of principal of, premium, if any, and interest on any Debt Securities denominated in a Foreign Currency) except any such expense, disbursement or advances as may arise from its negligence or bad faith. The
Company also covenants to indemnify in Dollars the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without negligence, willful misconduct or bad faith on the part of the Trustee, arising out of or in connection
with the acceptance or administration of this trust or trusts hereunder, including the reasonable costs and expenses of defending itself against any claim of liability in connection with the exercise or performance of any of its powers or duties
hereunder. The obligations of the Company under this Section 7.06 to compensate and indemnify the Trustee and to pay or 
  

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 reimburse the Trustee for expenses, disbursements and advances shall constitute additional indebtedness hereunder and
shall survive the satisfaction and discharge of this Indenture. Such additional indebtedness shall be secured by a Lien prior to that of the Debt Securities and Coupons, if any, upon all property and funds held or collected by the Trustee, as such,
except funds held in trust for the payment of principal of, and premium, if any, or interest on, particular Debt Securities and Coupons. 
  
 When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.01(f) or (g) occurs, the expenses and the
compensation for the services are intended to constitute expenses of administration under any bankruptcy, insolvency, reorganization or other similar law. 
  
 SECTION 7.07 Right of Trustee to Rely on an Officers’ Certificate Where No Other Evidence Specifically Prescribed. Except as otherwise
provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action hereunder, such
matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officers’ Certificate delivered to the
Trustee and such certificate, in the absence of bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereof. 
  
 SECTION 7.08 Separate Trustee; Replacement of Trustee. The Company
may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Company. The Holders of a majority
in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Company shall remove the Trustee if: 
  
 (1) the Trustee fails to comply with Section 7.10;

  
 (2) the Trustee is adjudged bankrupt or
insolvent; 
  
 (3) a receiver or other public
officer takes charge of the Trustee or its property; or 
  
 (4) the Trustee otherwise becomes incapable of acting. 
  
 If the Trustee resigns, is removed by the Company or by the Holders of a majority in principal amount of the Debt Securities of a particular series and such Holders do not reasonably promptly appoint a successor Trustee, or if a vacancy
exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the retiring Trustee), the Company shall promptly appoint a successor Trustee with respect to the affected series of Debt Securities. No
resignation or removal of the Trustee and no appointment of a successor Trustee shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of this Section 7.08. 
  

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 If no successor Trustee with respect to the Debt Securities of any series shall have been so appointed by
the Company or the Holders and accepted in the manner required by this Section 7.08, any Holder who has been a bona fide Holder of a Debt Security of such series for at least six months may, on behalf of himself and all others similarly situated,
petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Debt Securities of such series. 
  
 A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. 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 Trustee under this Indenture. 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 7.06. The Company shall give notice of each resignation and each removal of the Trustee with respect to the Debt Securities of any series and each appointment of a successor Trustee with
respect to the Debt Securities of any series to all Holders of Debt Securities of such series in the manner provided in Section 12.03. Each notice shall include the name of the successor Trustee with respect to the Debt Securities of such series and
the address of the corporate trust office of such successor Trustee. 
  
 If a successor Trustee does not take office within 60 days after the retiring Trustee gives notice of resignation or is removed, the retiring Trustee or the Holders of 25% in principal amount of the Debt Securities of any applicable series
may petition any court of competent jurisdiction for the appointment of a successor Trustee for the Debt Securities of such series. 
  
 If the Trustee fails to comply with Section 7.10, any Holder of Debt Securities of any applicable series may petition any court of competent jurisdiction
for the removal of the Trustee and the appointment of a successor Trustee for the Debt Securities of such series. 
  
 Notwithstanding the replacement of the Trustee pursuant to this Section 7.08, the Company’s obligations under Section 7.06 shall continue for the
benefit of the retiring Trustee. 
  
 In the case of the
appointment hereunder of a separate or successor trustee with respect to the Debt Securities of one or more (but not all) series, the Company, any retiring Trustee and each successor or separate Trustee with respect to the Debt Securities of any
applicable series shall execute and deliver an indenture supplemental hereto (1) which shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of any retiring Trustee with
respect to the Debt Securities of any series as to which any such retiring Trustee is not retiring shall continue to be vested in such retiring Trustee and (2) that shall add to or change any of the provisions of this Indenture as shall be necessary
to provide for or facilitate the administration of the trusts hereunder by more than one trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each
such separate, retiring or successor 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. 
  
 SECTION 7.09 Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all
or substantially all its corporate trust business or assets 
  

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 to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association
without any further act shall be the successor Trustee. 
  
 In
case at the time such successor or successors by merger, conversion or consolidation to the Trustee shall succeed to the trusts created by this Indenture any of the Debt Securities shall have been authenticated but not delivered, any such successor
to the Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such Debt Securities so authenticated; and in case at that time any of the Debt Securities shall not have been authenticated, any successor to the
Trustee may authenticate such Debt 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 Debt
Securities or in this Indenture provided that the certificate of the Trustee shall have. 
  
 SECTION 7.10 Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of Section 310(a) of the Trust Indenture Act. The Trustee shall have a combined capital and surplus of at
least $50,000,000 (or shall be a direct or indirect wholly-owned subsidiary of a bank or bank holding company, in each case having a combined capital and surplus of $50,000,000, which subsidiary’s obligations are guaranteed by such bank or bank
holding company) as set forth in its most recent published annual report of condition. No obligor upon the Debt Securities or Coupons, if any, of a particular series or Person directly or indirectly controlling, controlled by or under common control
with such obligor shall serve as Trustee upon the Debt Securities and Coupons of such series. The Trustee shall comply with Section 310(b) of the Trust Indenture Act; provided, however, that there shall be excluded from the operation
of Section 310(b)(1) of the Trust Indenture Act this Indenture, the 1996 Indenture and any series thereunder that are wholly unsecured and rank equally with any series of Debt Securities under this Indenture, or any other indenture or indentures
under which other securities or certificates of interest or participation in other securities of the Company are outstanding if the requirements for such exclusion set forth in Section 310(b)(1) of the Trust Indenture Act are met. 
  
 SECTION 7.11 Preferential Collection of Claims Against Company. The
Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust
Indenture Act to the extent indicated therein. 
  
 SECTION 7.12
Compliance with Tax Laws. The Trustee hereby agrees to comply with all U.S. Federal income tax information reporting and withholding requirements applicable to it with respect to payments of premium (if any) and interest on the Debt
Securities, whether acting as Trustee, Registrar, paying agent or otherwise with respect to the Debt Securities. 
  
 ARTICLE VIII 
  
 Concerning the Holders 
  
 SECTION 8.01
Evidence of Action by Holders. Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount of the Debt Securities of any or all series may take action (including the making of any demand
or request, the giving of any direction, notice, consent or waiver or the taking of any other action) the fact 
  

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 that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced
(a) by any instrument or any number of instruments of similar tenor executed by Holders in Person or by agent or proxy appointed in writing, (b) by the record of the Holders voting in favor thereof at any meeting of Holders duly called and held in
accordance with the provisions of Section 5.02 or (c) by a combination of such instrument or instruments and any such record of such a meeting of Holders. 
  
 SECTION 8.02 Proof of Execution of Instruments and of Holding of Debt Securities. Subject to the provisions of Sections 7.01, 7.02 and 12.11, proof
of the execution of any instrument by a Holder or his agent or proxy shall be sufficient if made in accordance with such reasonable rules and regulations as may be prescribed by the Trustee or in such manner as shall be satisfactory to the Trustee.

  
 The ownership of Registered Securities of any series shall be
proved by the Debt Security Register or by a certificate of the Registrar for such series. 
  
 The ownership of Bearer Securities shall be proved by production of such Bearer Securities or by a certificate executed by any bank or trust company, which certificate shall be dated and shall state on the date
thereof a Bearer Security bearing a specified identifying number or other mark was deposited with or exhibited to the Person executing such certificate by the Person named in such certificate, or by any other proof of possession reasonably
satisfactory to the Trustee. The holding by the Person named in any such certificate of any Bearer Security specified therein shall be presumed to continue for a period of one year unless at the time of determination of such holding (1) another
certificate bearing a later date issued in respect of the same Bearer Security shall be produced, (2) such Bearer Security shall be produced by some other Person, (3) such Bearer Security shall have been registered on the Debt Security Register, if,
pursuant to Section 2.03, such Bearer Security can be so registered, or (4) such Bearer Security shall have been canceled or paid. 
  
 The Trustee may require such additional proof of any matter referred to in this Section 8.02 as it shall deem necessary. 
  
 SECTION 8.03 Who May Be Deemed Owner of Debt Securities. Prior to due
presentment for registration of transfer of any Registered Security, the Company, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Registered Security shall be registered upon the books of the Company
as the absolute owner of such Registered Security (whether or not such Registered Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the
principal of and premium, if any, and (subject to Section 2.03) interest on such Registered Security and for all other purposes, and neither the Company nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the
contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such
Registered Security. 
  
 The Company, the Trustee and any paying
agent may deem and treat the Holder of any Bearer Security or Coupon as the absolute owner of such Bearer Security or Coupon (whether or 
  

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 not such Debt Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the
purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.03) interest on such Bearer Security or Coupon and for all other purposes, and neither the Company nor the Trustee nor any paying agent
shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability
for moneys payable upon any such Bearer Security or Coupon. 
  
 None of the Company, the Trustee, any paying agent or the Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in a Global Security or
for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. 
  
 SECTION 8.04 Instruments Executed by Holders Bind Future Holders. At any time prior to (but not after) the evidencing to the Trustee, as provided
in Section 8.01, of the taking of any action by the Holders of the percentage in aggregate principal amount of the Debt Securities of any series specified in this Indenture in connection with such action and subject to the following paragraph, any
Holder of a Debt Security which is shown by the evidence to be included in the Debt Securities the Holders of which have consented to such action may, by filing written notice with the Trustee at its corporate trust office and upon proof of holding
as provided in Section 8.02, revoke such action so far as concerns such Holder. Except as aforesaid, any such action taken by the Holder of any Debt Security shall be conclusive and binding upon such Holder and upon all future Holders and owners of
such Debt Security and all past, present and future Holders of Coupons, if any, appertaining thereto, and of any Debt Security issued upon transfer thereof or in exchange or substitution therefor, irrespective of whether or not any notation in
regard thereto is made upon such Debt Security or such other Debt Securities or Coupons. Any action taken by the Holders of the percentage in aggregate principal amount of the Debt Securities of any series specified in this Indenture in connection
with such action shall be conclusively binding upon the Company, the Trustee and the Holders of all the Securities and Coupons of such series. 
  
 The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders of Registered Securities entitled to give
their consent or take any other action required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the immediately preceding paragraph, those Persons who were Holders of Registered Securities at such
record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether or not such Persons continue to be Holders of Registered
Securities after such record date. No such consent shall be valid or effective for more than 120 days after such record date unless the consent of the Holders of the percentage in aggregate principal amount of the Debt Securities of such series
specified in this Indenture shall have been received within such 120-day period. 
  

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 ARTICLE IX 
  
 Supplemental Indentures 
  
 SECTION 9.01 Purposes for Which Supplemental Indenture May Be Entered into Without Consent of Holders. The Company and the Trustee may from time to
time and at any time, without the consent of Holders, enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as in force at the date of the execution thereof) for one or more of
the following purposes: 
  
 (a) to evidence the succession
pursuant to Article X of another Person to the Company, or successive successions, and the assumption by the Successor Company (as defined in Section 10.01) of the covenants, agreements and obligations of the Company in this Indenture and in the
Debt Securities; 
  
 (b) to surrender any right or power herein
conferred upon the Company, to add to the covenants of the Company such further covenants, restrictions, conditions or provisions for the protection of the Holders of all or any series of Debt Securities and the Coupons, if any, appertaining thereto
(and if such covenants are to be for the benefit of less than all series of Debt Securities, stating that such covenants are expressly being included solely for the benefit of such series), and to make the occurrence, or the occurrence and
continuance, of a Default in any of such additional covenants, restrictions, conditions or provisions a Default or an Event of Default permitting the enforcement of all or any of the several remedies provided in this Indenture; provided, that
in respect of any such additional covenant, restriction, condition or provision such supplemental indenture may provide for a particular period of grace after Default (which period may be shorter or longer than that allowed in the case of other
Defaults) or may provide for an immediate enforcement upon such Default or may limit the right of the Holders of a majority in aggregate principal amount of any or all series of Debt Securities to waive such default; 
  
 (c) to cure any ambiguity or to correct or supplement any provision contained
herein, in any supplemental indenture or in any Debt Security of any series that may be defective or inconsistent with any other provision contained herein, in any supplemental indenture or in the Debt Securities of such series; to convey, transfer,
assign, mortgage or pledge any property to or with the Trustee, or to make such other provisions in regard to matters or questions arising under this Indenture, provided that any such action shall not adversely affect the interests of any Holders of
Debt Securities of any series; 
  
 (d) to modify or amend this
Indenture in such a manner as to permit the qualification of this Indenture or any Indenture supplemental hereto under the Trust Indenture Act as then in effect, except that nothing herein contained shall permit or authorize the inclusion in any
Indenture supplemental hereto of the provisions referred to in Section 316(a)(2) of the Trust Indenture Act; 
  
 (e) to add to or change any of the provisions of this Indenture to provide that Bearer Securities may be registerable as to principal, to change or
eliminate any restrictions on the payment of principal of, or premium, if any, on, Registered Securities or of principal of, or 
  

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 premium, if any, or interest on, Bearer Securities or to permit Registered Securities to be exchanged for Bearer
Securities; provided, that any such action shall not adversely affect the interests of the Holders of Debt Securities or any Coupons of any series in any material respect or permit or facilitate the issuance of Debt Securities of any series in
uncertificated form; 
  
 (f) to comply with Article X; 

 
 (g) to add guarantees with respect to the Debt Securities or to secure the
Debt Securities; 
  
 (h) to make any change that does not
adversely affect the rights of any Holder; 
  
 (i) to add to,
change or eliminate any of the provisions of this Indenture in respect of one or more series of Debt Securities; provided, however, that any such addition, change or elimination (i) shall neither (A) apply to any Debt Security of any
series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (B) modify the rights of the Holder of any such Debt Security with respect to such provision or (ii) shall become effective only
when there is no such Debt Security Outstanding; 
  
 (j) to
evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Debt 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; and 
  
 (k) to establish the form or terms of Debt Securities and Coupons, if any, of any series as permitted by Sections 2.01 and 2.03. 
  

The Trustee is hereby authorized to join with the Company in the execution of any such supplemental indenture, to make any further appropriate
agreements and stipulations which may be therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any property thereunder, but the Trustee shall not be obligated to enter into any such supplemental indenture which
affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 
  
 Any supplemental indenture authorized by the provisions of this Section 9.01 may be executed by the Company and the Trustee without the consent of the Holders of any of the Debt Securities or Coupons, if any,
appertaining thereto at the time Outstanding, notwithstanding any of the provisions of Section 9.02. 
  
 In entering into a supplemental indenture pursuant to this Section 9.01 the Trustee shall be entitled to receive, and shall be fully protected in relying
upon (subject to Section 7.01), an Officers’ Certificate and an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. 
  
 After an amendment under this Section 9.01 becomes effective, the Company
shall mail to Holders of Debt Securities of each series affected thereby a notice briefly describing such 
  

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 amendment. The failure to give such notice to all such Holders, or any defect therein, shall not impair or affect the
validity of an amendment under this Section 9.01. 
  
 SECTION 9.02
Modification of Indenture with Consent of Holders of Debt Securities. Without notice to any Holder but with the consent (evidenced as provided in Section 8.01) of the Holders of not less than a majority in aggregate principal amount of the
Outstanding Debt Securities of each series affected by such supplemental indenture, the Company, when authorized by a resolution of the Board of Directors, and the Trustee may from time to time and at any time enter into an Indenture or Indentures
supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as in force at the date of execution thereof) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this
Indenture or of any supplemental indenture or of modifying in any manner the rights of the Holders of the Debt Securities of such series; provided, that no such supplemental indenture, without the consent of the Holders of each Debt Security
so affected, shall (i) reduce the percentage in principal amount of Debt Securities of any series whose Holders must consent to an amendment; (ii) reduce the rate of or extend the time for payment of interest on any Debt Security or Coupon or reduce
the amount of any payment to be made with respect to any Coupon; (iii) reduce the principal of or change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Debt Security or reduce the amount of principal
of any Original Issue Discount Security that would be due and payable upon declaration of acceleration of maturity; (iv) reduce the premium payable upon the redemption of any Debt Security or change the time at which any Debt Security may or shall
be redeemed in accordance with Article III; (v) make any Debt Security payable in Currency other than that stated in the Debt Security; (vi) release any security that may have been granted in respect of the Debt Securities; (vii) make any change in
Section 6.06 or the second sentence of this Section 9.02; (viii) change any obligation of the Company to pay additional interest pursuant to Section 4.06; (ix) limit the obligation of the Company to maintain a paying agency outside the United States
for payment on Bearer Securities as provided in Section 4.02 or limit the obligation of the Company to redeem an Affected Security as provided in Section 3.02(b); (x) change any Place of Payment where any Debt Security or any premium or interest
thereon is payable; (xi) make any change that adversely affects the right of any Holder to convert or exchange any Debt Security into or for other securities, whether or not issued by the Company, cash or property in accordance with its terms; (xii)
impair the right to institute suit for the enforcement of any payment on or after the Stated Maturity of any Debt Security (or in the case of redemption, on or after the date fixed for redemption); or (xiii) modify any of the provisions of this
Section, Section 4.09 or Section 6.06, except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Debt Security affected
thereby, provided, however, that this Section 9.02 shall not be deemed to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this Section, Section 4.09, or
the deletion of this proviso, in accordance with the requirements of Section 7.08 and 9.01(j). 
  
 A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has been expressly included solely for the benefit of one or more particular series of Debt Securities and
Coupons, if any, or which modifies the rights of the Holders of Debt Securities and Coupons of such series with respect to such covenant or other provision, 
  

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 shall be deemed not to affect the rights under this Indenture of the Holders of Debt Securities and Coupons, if any, of
any other series. 
  
 Upon the request of the Company, accompanied
by a copy of a resolution of the Board of Directors authorizing the execution of any such supplemental indenture, and upon the filing with the Trustee of evidence of the consent of Holders as aforesaid, the Trustee shall join with the Company in the
execution of such supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion but shall not be obligated to
enter into such supplemental indenture. 
  
 In entering into a
supplemental indenture pursuant to this Section 9.02 the Trustee shall be entitled to receive, and shall be fully protected in relying upon (subject to Section 7.01), an Officers’ Certificate and an Opinion of Counsel stating that the execution
of such supplemental indenture is authorized or permitted by this 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 supplemental indenture, but it shall be sufficient if such consent shall approve the
substance thereof. 
  
 After an amendment under this Section 9.02
becomes effective, the Company shall mail to Holders of Debt Securities of each series affected thereby a notice briefly describing such amendment. The failure to give such notice to all such Holders, or any defect therein, shall not impair or
affect the validity of an amendment under this Section 9.02. 
  
 SECTION 9.03 Effect of Supplemental Indentures. Upon the execution of any supplemental indenture pursuant to the provisions of this Article IX, this Indenture shall be and be deemed to be modified and amended in accordance therewith
and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the Holders shall thereafter be determined, exercised and enforced hereunder subject in all respects to such
modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 
  
 SECTION 9.04 Debt Securities May Bear Notation of Changes by Supplemental
Indentures. Debt Securities and Coupons, if any, of any series authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article IX may, and shall if required by the Trustee, bear a notation
in form approved by the Trustee as to any matter provided for in such supplemental indenture. New Debt Securities and Coupons of any series so modified as to conform, in the opinion of the Trustee and the Board of Directors, to any modification of
this Indenture contained in any such supplemental indenture may be prepared and executed by the Company, authenticated by the Trustee and delivered in exchange for the Debt Securities and Coupons of such series then Outstanding. Failure to make the
appropriate notation or to issue a new Debt Security or Coupon of such series shall not affect the validity of such amendment. 
  

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 SECTION 9.05 Payment for Consent. Neither the Company nor any Affiliate of the Company shall,
directly or indirectly, pay or cause to be paid any consideration, whether by way of interest, fee or otherwise, to any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of this Indenture or the
Debt Securities or Coupons, if any, appertaining thereto unless such consideration is offered to be paid to all Holders that so consent, waive or agree to amend in the time frame set forth in solicitation documents relating to such consent, waiver
or agreement. 
  
 ARTICLE X 
  
 Consolidation, Merger, Sale or Conveyance 
  
 SECTION 10.01 Consolidations and Mergers of the Company. The Company
shall not consolidate with, or sell or convey or lease all or substantially all of its assets to, or merge with or into any other Person, unless: (i) either (a) the Company shall be the continuing corporation in the case of a merger or (b) the
resulting, surviving or transferee Person if other than the Company (the “Successor Company”) shall be a corporation organized and existing under the laws of the United States, any State thereof or the District of Columbia and the
Successor Company shall expressly assume, by an Indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations of the Company under the Debt Securities and Coupons, if any, according to
their tenor, and this Indenture; (ii) immediately after giving effect to such transaction, no Default or Event of Default would occur or be continuing; (iii) the Successor Company waives any right to redeem any Bearer Security under circumstances in
which the Successor Company would be entitled to redeem such Bearer Security but the Company would not have been so entitled to redeem if the consolidation, merger, conveyance, transfer or lease had not occurred; and (iv) the Company shall have
delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger or transfer and such supplemental indenture (if any) comply with this Indenture. 
  
 SECTION 10.02 Rights and Duties of Successor Corporation. In case of
any consolidation or merger, or conveyance or sale of the assets of the Company as an entirety or substantially as an entirety in accordance with Section 10.01, the Successor Company shall succeed to and be substituted for the Company, with the same
effect as if it had been named herein as the party of the first part, and the predecessor corporation shall be relieved of any further obligation under the Indenture and the Securities. The Successor Company thereupon may cause to be signed, and may
issue either in its own name or in the name of the Company, any or all the Debt Securities issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee; and, upon the order of the Successor Company,
instead of the Company, and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall deliver any Debt Securities and Coupons, if any, appertaining thereto, which previously shall
have been signed and delivered by the officers of the Company to the Trustee for authentication, and any Debt Securities and Coupons, if any, appertaining thereto, which the Successor Company thereafter shall cause to be signed and delivered to the
Trustee for that purpose. All the Debt Securities and Coupons, if any, appertaining thereto so issued shall in all respects have the same legal rank and benefit under this Indenture as the Debt Securities and Coupons, if any, appertaining thereto
theretofore or 
  

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 thereafter issued in accordance with the terms of this Indenture as though all such Debt Securities and Coupons had been
issued at the date of the execution hereof. 
  
 In case of any
such consolidation, merger, sale or conveyance such changes in phraseology and form (but not in substance) may be made in the Debt Securities and Coupons, if any, appertaining thereto thereafter to be issued as may be appropriate. 
  
 ARTICLE XI 
  
 Satisfaction and Discharge of Indenture; Defeasance; 
 Unclaimed Moneys 
  
 SECTION 11.01 Applicability of Article. If, pursuant to Section 2.03, provision is made for the defeasance of Debt Securities of a series and if the Debt Securities of such series are Registered Securities and
denominated and payable only in Dollars (except as provided pursuant to Section 2.03), then the provisions of this Article XI relating to defeasance of Debt Securities shall be applicable except as otherwise specified pursuant to Section 2.03 for
Debt Securities of such series. Defeasance provisions, if any, for Debt Securities denominated in a Foreign Currency or for Bearer Securities may be specified pursuant to Section 2.03. 
  
 SECTION 11.02 Satisfaction and Discharge of Indenture; Defeasance. (a) If at any time (i) the Company shall have
delivered to the Trustee for cancellation all Debt Securities of any series theretofore authenticated and delivered (other than (1) Coupons appertaining to Bearer Securities of such series called for redemption and maturing after the relevant
redemption date, surrender of which has been waived, (2) any Debt Securities and Coupons of such series which shall have been destroyed, lost or stolen and which shall have been replaced or paid as provided in Section 2.09 and (3) Debt Securities
and Coupons for whose payment money has theretofore been deposited in trust and thereafter repaid to the Company as provided in Section 11.05) or (ii) all Debt Securities and the Coupons, if any, of such series not theretofore delivered to the
Trustee for cancellation shall have become due and payable, whether by redemption or at Stated Maturity or otherwise, and the Company shall deposit with the Trustee as trust funds the entire amount in the Currency in which such Debt Securities are
denominated with respect to Bearer Securities or in Dollars with respect to Registered Securities (in each case except as otherwise provided pursuant to Section 2.03) sufficient to pay at maturity or upon redemption all Debt Securities of such
series not theretofore delivered to the Trustee for cancellation, including principal and premium, if any, and interest due or to become due on such date of maturity or redemption date, as the case may be, and if in either case the Company shall
also pay or cause to be paid all other sums payable hereunder by the Company, then this Indenture shall cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of such Debt Securities herein expressly
provided for and rights to receive payments of principal of, and premium, if any, and interest on, such Debt Securities and any right to receive additional interest as provided in Section 4.06 and rights of the Trustee under Section 7.06) with
respect to the Debt Securities of such series, and the Trustee, on demand of the Company accompanied by an Officers’ Certificate and an Opinion of Counsel and at the cost and expense of the Company, shall execute proper instruments
acknowledging satisfaction of and discharging this Indenture. 
  

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 (b) Subject to Sections 11.02(c), 11.03 and 11.07, the Company at any time may terminate, with respect to
Debt Securities of a particular series, (i) all its obligations under the Debt Securities of such series and this Indenture with respect to the Debt Securities of such series (“legal defeasance option”) or (ii) its obligations with respect
to the Debt Securities of such series under Sections 4.07 and 4.08 and clause (iii) of Section 10.01 and the related operation of Section 6.01(d) and the operation of Sections 6.01(d) and (h) (“covenant defeasance option”). The Company may
exercise its legal defeasance option notwithstanding its prior exercise of its covenant defeasance option. 
  
 If the Company exercises its legal defeasance option, payment of the Debt Securities of the defeased series may not be accelerated because of an Event of
Default. If the Company exercises its covenant defeasance option, payment of the Debt Securities of the defeased series may not be accelerated because of an Event of Default specified in Sections 6.01(c), (d) and (h) (except to the extent covenants
or agreements referenced in such Sections remain applicable). 
  
 Upon satisfaction of the conditions set forth herein and upon request of the Company, the Trustee shall acknowledge in writing the discharge of those obligations that the Company terminates. 
  
 (c) Notwithstanding clauses (a) and (b) above, the Company’s obligations
in Sections 2.07, 2.09, 4.02, 4.04, 5.01, 7.06, 7.10, 11.05, 11.06 and 11.07 shall survive until the Debt Securities of the defeased series have been paid in full. Thereafter, the Company’s obligations in Sections 7.06, 11.05 and 11.06 shall
survive. 
  
 SECTION 11.03 Conditions of Defeasance. The
Company may exercise its legal defeasance option or its covenant defeasance option with respect to Debt Securities of a particular series only if: 
  
 (1) the Company irrevocably deposits in trust with the Trustee money or U.S. Government Obligations for the payment of principal of, and
premium, if any, and interest on, the Debt Securities of such series to maturity or redemption, as the case may be; 
  
 (2) the Company delivers to the Trustee a certificate from a nationally recognized firm of independent accountants expressing their
opinion that the payments of principal and interest when due and without reinvestment on the deposited U.S. Government Obligations plus any deposited money without investment will provide cash at such times and in such amounts as will be sufficient
to pay the principal, premium and interest when due on all the Debt Securities of such series to maturity or redemption, as the case may be; 
  
 (3) 123 days pass after the deposit is made and during the 123-day period no Default specified in Section 6.01(f) or (g) with respect to
the Company occurs which is continuing at the end of the period; 
  
 (4) no Default has occurred and is continuing on the date of such deposit and after giving effect thereto; 
  

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 (5) the deposit does not constitute a default under any other agreement binding on the
Company; 
  
 (6) the Company delivers to the
Trustee an Opinion of Counsel to the effect that the trust resulting from the deposit does not constitute, or is qualified as, a regulated investment company under the Investment Company Act of 1940; 
  
 (7) in the event of the legal defeasance option, the Company
shall have delivered to the Trustee an Opinion of Counsel stating that (i) the Company has received from the Internal Revenue Service a ruling, or (ii) since the date of this Indenture there has been a change in the applicable Federal income tax
law, in either case of the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of Debt Securities of such series will not recognize income, gain or loss for Federal income tax purposes as a result of such
defeasance and will be subject to Federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred; 
  
 (8) in the event of the covenant defeasance option, the Company shall have delivered to the Trustee an
Opinion of Counsel to the effect that the Holders of Debt Securities of such series will not recognize income, gain or loss for Federal income tax purposes as a result of such covenant defeasance and will be subject to Federal income tax on the same
amounts, in the same manner and at the same times as would have been the case if such covenant defeasance had not occurred; 
  
 (9) the Company shall have delivered to the Trustee an Officers’ Certificate to the effect that the Debt Securities of such series,
if then listed on any securities exchange, will not be delisted as a result of such deposit. 
  
 (10) such Defeasance or Covenant Defeasance shall not cause the Trustee to have a conflicting interest within the meaning of the Trust
Indenture Act (assuming all Securities are in default within the meaning of such Act); and 
  
 (11) the Company delivers to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
precedent to the defeasance and discharge of the Debt Securities of such series as contemplated by this Article XI have been complied with. 
  
 Before or after a deposit, the Company may make arrangements satisfactory to the Trustee for the redemption of Debt Securities of such series at a future
date in accordance with Article III. 
  
 SECTION 11.04
Application of Trust Money. The Trustee shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article XI. It shall apply the deposited money and the money from U.S. Government Obligations through any
paying agent and in accordance with this Indenture to the payment of principal of, and premium, if any, and interest on, the Debt Securities and Coupons, if any, of the defeased series. 
  

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 SECTION 11.05 Repayment to Company. The Trustee and any paying agent shall promptly turn over to
the Company upon request any excess money or securities held by them at any time. 
  
 Subject to any applicable abandoned property law, the Trustee and any paying agent shall pay to the Company upon request any money held by them for the payment of principal, premium or interest that remains unclaimed
for two years, and, thereafter, Holders entitled to such money must look to the Company for payment as general creditors. 
  
 SECTION 11.06 Indemnity for U.S. Government Obligations. The Company shall pay and shall indemnify the Trustee and the Holders against any tax, fee
or other change imposed on or assessed against deposited U.S. Government Obligations or the principal and interest received on such U.S. Government Obligations. 
  

SECTION 11.07 Reinstatement. If the Trustee or any paying agent is unable to apply any money or U.S. Government Obligations in accordance with
this Article XI by reason of any legal proceeding or by reason of any order or judgment of any court or government authority enjoining, restraining or otherwise prohibiting such application, the Company’s obligations under this Indenture and
the Debt Securities of the defeased series shall be revived and reinstated as though no deposit had occurred pursuant to this Article XI until such time as the Trustee or any paying agent is permitted to apply all such money or U.S. Government
Obligations in accordance with this Article XI. 
  
 ARTICLE XII

  
 Miscellaneous Provisions 
  
 SECTION 12.01 Successors and Assigns of Company Bound by Indenture.
All the covenants, stipulations, promises and agreements in this Indenture contained by or in behalf of the Company or the Trustee shall bind its successors and assigns, whether so expressed or not. 
  
 SECTION 12.02 Acts of Board, Committee or Officer of Successor Company
Valid. Any act or proceeding by any provision of this Indenture authorized or required to be done or performed by any board, committee or officer of the Company shall and may be done and performed with like force and effect by the like board,
committee or officer of any Successor Company. 
  
 SECTION 12.03
Required Notices or Demands. Except as otherwise expressly provided in this Indenture, any notice or demand which by any provision of this Indenture is required or permitted to be given or served by the Trustee or by the Holders to or on the
Company may be given or served by being deposited postage prepaid in a post office letter box in the United States addressed (until another address is filed by the Company with the Trustee) as follows: Electronic Data Systems Corporation, 5400
Legacy Drive, Mail Stop H2-8W-40, Plano, Texas 75024-3199, Attention: Chief Financial Officer. Except as otherwise expressly provided in this Indenture, any notice, direction, request or demand by the Company or by any Holder to or upon the Trustee
may be given or made, for all purposes, by being deposited postage prepaid in a post office letter box in the United States addressed to the corporate trust office of the 
  

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 Trustee initially at [            ], Attention:
[            ]. The Company or the Trustee by notice to the other may designate additional or different addresses for subsequent notices or communications. 
  
 Any notice required or permitted to a Registered Holder by the Company or the
Trustee pursuant to the provisions of this Indenture shall be deemed to be properly mailed by being deposited postage prepaid in a post office letter box in the United States addressed to such Holder at the address of such Holder as shown on the
Debt Security Register. Any report pursuant to Section 313 of the Trust Indenture Act shall be transmitted in compliance with subsection (c) therein. 
  
 Any notice required or permitted to a Bearer Holder by the Company or the Trustee pursuant to this Indenture shall be deemed to be properly given if
published on two separate business days in an Authorized Newspaper or Newspapers in such Place or Places of Payment specified pursuant to Section 2.03, the first such publication to be not earlier than the earliest date and not later than two
business days prior to the latest date prescribed for the giving of such notice. Notwithstanding the foregoing, any notice to Holders of Floating Rate Debt Securities regarding the determination of a periodic rate of interest, if such notice is
required pursuant to Section 2.03, shall be sufficiently given if given in the manner specified pursuant to Section 2.03. 
  
 In the event of suspension of regular mail service or by reason of any other cause it shall be impracticable to give notice by mail, then such
notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder. 
  
 In the event of suspension of publication of any Authorized Newspaper or by reason of any other cause it shall be impracticable to give notice by
publication, then such notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder. 
  
 Failure to mail a notice or communication to a Holder or any defect in it or any defect in any notice by publication as to a Holder shall not affect the
sufficiency of such notice with respect to other Holders. If a notice or communication is mailed or published in the manner provided above, it is conclusively presumed duly given. 
  
 SECTION 12.04 Indenture and Debt Securities to Be Construed in Accordance with the Laws of the State of New York.
This Indenture, each Debt Security and each Coupon shall be deemed to be New York contracts, and for all purposes shall be construed in accordance with the laws of said State (without reference to principles of conflicts of law). 
  
 SECTION 12.05 Officers’ Certificate and Opinion of Counsel to Be
Furnished upon Application or Demand by the Company. Upon any application or demand by the Company to the Trustee to take any action under any of the provisions of this Indenture, the Company shall furnish to the Trustee an Officers’
Certificate stating that all conditions precedent provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent have been
complied with, except that in the case of any such application or demand as to which the 
  

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 furnishing of such document is specifically required by any provision of this Indenture relating to such particular
application or demand, no additional certificate or opinion need be furnished. 
  
 Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or covenant provided for in this Indenture 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 has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with and (4) a
statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with. 
  
 SECTION 12.06 Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal of and premium, if any, on the
Debt Securities of a series or the date fixed for redemption or repayment of any Debt Security or the making of any sinking fund payment shall not be a business day at any Place of Payment for the Debt Securities of such series, then payment of
interest or principal and premium, if any, or the making of such sinking fund payment need not be made on such date at such Place of Payment, but may be made on the next succeeding business day at such Place of Payment with the same force and effect
as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a business day, the record date shall not be affected. 
  
 SECTION 12.07 Provisions Required by Trust Indenture Act to Control.
If and to the extent that any provision of this Indenture limits, qualifies or conflicts with another provision included in this Indenture which is required to be included in this Indenture by any of Sections 310 to 318, inclusive, of the Trust
Indenture Act, such required provision shall control. 
  
 SECTION
12.08 Computation of Interest on Debt Securities. Interest, if any, on the Debt Securities shall be computed on the basis of a 360-day year of twelve 30-day months, except as may otherwise be provided pursuant to Section 2.03. 
  
 SECTION 12.09 Rules by Trustee, Paying Agent and Registrar. The
Trustee may make reasonable rules for action by or a meeting of Holders. The Registrar and any paying agent may make reasonable rules for their functions. 
  
 SECTION 12.10 No Recourse Against Others. An incorporator or any past, present or future director, officer, employee or stockholder, as such, of
the Company shall not have any liability for any obligations of the Company under the Debt Securities, the Coupons or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Debt
Security or Coupon, each Holder shall waive and release all such liability. The waiver and release shall be part of the consideration for the issue of the Debt Securities and Coupons. 
  
 SECTION 12.11 Severability. In case any provision in this Indenture, the Debt Securities or the Coupons shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
  

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 SECTION 12.12 Effect of Headings. The article and section headings herein and in the Table of
Contents are for convenience only and shall not affect the construction hereof. 
  
 SECTION 12.13 Indenture May Be Executed in Counterparts. This Indenture may be executed in any number of counterparts, each of which shall be an original; but such counterparts shall together constitute but one
and the same instrument. 
  
 The Trustee hereby accepts the trusts
in this Indenture upon the terms and conditions hereinafter set forth. 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly signed as of the date first
written above. 
  
 ELECTRONIC DATA SYSTEMS

 CORPORATION 
  
 By: [
                                       
                     ] 
         Name:[
                                        
        ] 
         Title:[
                                        
          ] 
  
             [                          
                              ] 
  
  
 By: [
                                        
                    ] 
         Name:[
                                        
        ] 
         Title:[
                                        
          ] 
  

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 EXHIBIT A 
  

PLANO TEXAS DESCRIPTION 
  
 The Plano Texas property consists of approximately 300 acres of land located in the City of Plano, Collin County, Texas, bounded by Windcrest Drive on the East, Tennyson
Parkway on the South, Parkwood Drive on the West and Legacy Drive on the North. The property currently contains the following principal facilities: EDS Centre Building (which is not owned by EDS); Cluster I; Cluster II; Cluster III; and the SMC.

  

 A-1