Document:

Exhibit 4.1

 

CNH Industrial Capital LLC

 

3.950% Notes due 2025

 

Officers’ Certificate

 

May 23, 2022

 

Pursuant to the Indenture, dated July 2, 2020 (the
 “Indenture”), among CNH Industrial Capital LLC (the “Company”), CNH Industrial Capital America LLC
(“CNH Industrial Capital America”), New Holland Credit Company, LLC (“New Holland Credit Company”
and, together, with CNH Industrial Capital America, the “Guarantors”) and Citibank, N.A., as trustee (the “Trustee”),
this Officers’ Certificate is being delivered to the Trustee to establish the terms of a series of Securities in accordance with
Section 3.01 of the Indenture and to establish the form of the Securities of such series in accordance with Section 2.01 of the Indenture.

 

Capitalized terms used herein and not otherwise
defined herein shall have the meanings assigned to them in the Indenture.

 

		A.	Establishment of series pursuant to Section 3.01 of the Indenture. 

 

There is hereby established, pursuant to Section
3.01 of the Indenture, a series of Securities which shall have the following terms:

 

		(1)	The Securities of this series issued pursuant to this Officers’ Certificate shall bear the title “3.950% Notes due 2025”
(the “Notes”).

 

		(2)	The aggregate principal amount of the Notes to be issued pursuant to this Officers’ Certificate shall be limited to $500,000,000
(except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant
to Section 3.04, 3.05, 3.06, 9.06 or 11.07 of the Indenture and except for any Notes which, pursuant to Section 3.03 of the Indenture,
are deemed never to have been authenticated and delivered thereunder). The Company may from time to time, without the consent of any Holder
of the Notes, create and issue additional Notes (the “Additional Notes”) having the same terms and conditions as the
Notes in all respects, except for the issue date, issue price and, under some circumstances, the first payment of interest thereon. Such
Additional Notes, at the Company’s determination and in accordance with the provisions of the Indenture, will be consolidated with
and form a single series with the previously outstanding Notes for U.S. federal income tax purposes and for all purposes under the Indenture,
including, without limitation, amendments, waivers and redemptions. The aggregate principal amount of the Additional Notes, if any, shall
be unlimited.

 

     

     

    

 

		(3)	Interest will be payable to the Person in whose name a Note is registered at the close of business on the Regular Record Date (as
defined below) for the Notes next preceding each Interest Payment Date (as defined below) for the Notes; provided, however, that
interest payable on the Stated Maturity of the Notes shall be payable to the Person to whom principal shall be payable.

 

		(4)	The Stated Maturity of the principal of the Notes shall be May 23, 2025.

 

		(5)	The Notes shall bear interest at the rate of 3.950% per annum (computed based upon a 360-day year consisting of twelve 30-day months).

 

The Notes shall bear interest from and including May 23, 2022,
or from and including the most recent Interest Payment Date to which interest on the Notes has been paid or duly provided for, as the
case may be, payable semiannually in arrears in cash on May 23 and November 23 in each year, commencing on November 23, 2022, until the
principal thereof is paid or made available for payment. Each such May 23 or November 23 shall be an “Interest Payment Date”
for the Notes, and each May 8 or November 8 (whether or not a Business Day), as the case may be, next preceding an Interest Payment Date
for the Notes shall be the “Regular Record Date” for the interest payable on the Notes on such Interest Payment Date.

 

		(6)	The principal of, any Redemption Price and the interest on the Notes shall be payable at the Corporate Trust Office of the Trustee,
at 388 Greenwich Street, New York, NY 10013, Attn: Agency & Trust – CNH Industrial Capital, LLC.

 

		(7)	The Notes shall be redeemable, at the Company’s option, in whole or in part at any time and from time to time, at a Redemption
Price equal to the greater of (i)(a) the sum of the present values of the remaining scheduled payments of principal and interest thereon
discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury
Rate plus 20 basis points less (b) interest accrued to the date of redemption, and (ii) 100% of the principal amount thereof, plus, in
either case, accrued and unpaid interest, if any, to the Redemption Date.

 

“Treasury Rate” means, with respect to any
redemption date, the yield determined by the Company in accordance with the following two paragraphs.

 

    -2-

     

    

 

The Treasury Rate shall be determined by the Company
after 4:15 p.m., New York City time (or after such time as yields on U.S. government securities are posted daily by the Board of
Governors of the Federal Reserve System), on the third business day preceding the redemption date based upon the yield or yields for
the most recent day that appear after such time on such day in the most recent statistical release published by the Board of
Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily) - H.15” (or any successor
designation or publication) (“H.15”) under the caption “U.S. government securities–Treasury constant
maturities–Nominal” (or any successor caption or heading). In determining the Treasury Rate, the Company shall select,
as applicable: (1) the yield for the Treasury constant maturity on H.15 exactly equal to the period from the redemption date to the
Stated Maturity (the “Remaining Life”); or (2) if there is no such Treasury constant maturity on H.15 exactly equal to
the Remaining Life, the two yields – one yield corresponding to the Treasury constant maturity on H.15 immediately shorter
than and one yield corresponding to the Treasury constant maturity on H.15 immediately longer than the Remaining Life – and
shall interpolate to the Stated Maturity on a straight-line basis (using the actual number of days) using such yields and rounding
the result to three decimal places; or (3) if there is no such Treasury constant maturity on H.15 shorter than or longer than the
Remaining Life, the yield for the single Treasury constant maturity on H.15 closest to the Remaining Life. For purposes of this
paragraph, the applicable Treasury constant maturity or maturities on H.15 shall be deemed to have a maturity date equal to the
relevant number of months or years, as applicable, of such Treasury constant maturity from the redemption date.

 

If on the third business day preceding the redemption
date H.15 or any successor designation or publication is no longer published, the Company shall calculate the Treasury Rate based on
the rate per annum equal to the semi-annual equivalent yield to maturity at 11:00 a.m., New York City time, on the second business
day preceding such redemption date of the United States Treasury security maturing on, or with a maturity that is closest to, the
Stated Maturity, as applicable. If there is no United States Treasury security maturing on the Stated Maturity but there are two or
more United States Treasury securities with a maturity date equally distant from the Stated Maturity, one with a maturity date
preceding the Stated Maturity and one with a maturity date following the Stated Maturity, the Company shall select the United States
Treasury security with a maturity date preceding the Stated Maturity. If there are two or more United States Treasury securities
maturing on the Stated Maturity or two or more United States Treasury securities meeting the criteria of the preceding sentence, the
Company shall select from among these two or more United States Treasury securities the United States Treasury security that is
trading closest to par based upon the average of the bid and asked prices for such United States Treasury securities at 11:00 a.m.,
New York City time. In determining the Treasury Rate in accordance with the terms of this paragraph, the semi-annual yield to
maturity of the applicable United States Treasury security shall be based upon the average of the bid and asked prices (expressed as
a percentage of principal amount) at 11:00 a.m., New York City time, of such United States Treasury security, and rounded to three
decimal places.

 

    -3-

     

    

 

The Company will be responsible for calculating the Treasury Rate and the redemption price. The Trustee shall have no duty to calculate
the Treasury Rate or the redemption price nor shall it have any duty to review or verify the Company’s calculations of the Treasury
Rate or the redemption price.

The Company’s actions and determinations in determining the redemption price shall be conclusive and binding for all purposes, absent
manifest error.

 

		(8)	The Notes shall be subject to a Change of Control Triggering Event as provided in Section 10.13 of the Indenture. Except as provided
under such section, the Company shall not be obligated to redeem or purchase any Notes pursuant to any sinking fund or analogous provisions
or at the option of any Holder thereof.

 

		(9)	The Notes may be issued only in fully registered form and the authorized denomination of the Notes shall be $2,000 and any integral
multiple of $1,000 in excess thereof.

 

		(10)	The Notes shall be denominated, and payments of the principal of, any Redemption Price and the interest on the Notes shall be made,
in United States dollars.

 

		(11)	The Notes shall be subject to Legal Defeasance and Covenant Defeasance as provided in Article 13 of the Indenture.

 

		(12)	The Notes will be represented by one or more global securities (each a “Global Security”) registered in the name
of a nominee of the Depositary. The Depository Trust Company (“DTC”) will act as the Depositary. Except as provided
in Section 3.05 of the Indenture, Notes will not be issuable in definitive form and will not be exchangeable or transferable. So long
as the Depositary or its nominee is the registered holder of any Global Security, the Depositary or its nominee, as the case may be, will
be considered the sole Holder of the Notes represented by such Global Security for all purposes under the Indenture and the Notes.
	 	 	 

		(13)	The transferor of any note shall provide or cause to be provided to the Trustee all information necessary to allow the Trustee to
comply with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Internal
Revenue Code Section 6045. In connection with any proposed exchange of a certificated note for a Global Security, the Issuer or DTC shall be required to provide or
cause to be provided to the Trustee all information necessary to allow the Trustee to comply with any applicable tax reporting obligations,
including without limitation any cost basis reporting obligations under Internal Revenue Code Section 6045. The Trustee may rely on information
provided to it and shall have no responsibility to verify or ensure the accuracy of such information.

 

    -4-

     

    

 

		(14)	The Notes shall be entitled to the benefits of the Guarantee of each Guarantor pursuant to the Indenture (as provided by Article 14
thereof), which Guarantee shall be made on a senior basis and evidenced by a Notation of Guarantee executed by such Guarantor.

 

		(15)	The Trustee is hereby appointed as a Paying Agent for the Notes.

 

		B.	Establishment of form of Note pursuant to Section 2.01 of the Indenture.

 

It is hereby established pursuant to Section 2.01
of the Indenture that the Global Security representing the Notes shall be substantially in the form attached hereto as Annex A.

 

		C.	Other Matters.

 

Reference is hereby made to the resolutions of
the Board of Directors of the Company, dated March 8, 2022 (the “Resolutions”), relating to the offering and sale of
the Securities; the Resolutions have not been further amended, modified or rescinded and remain in full force and effect; and the Resolutions,
together with this Officers’ Certificate, are the only resolutions, approval or other action adopted by the Board of Directors of
the Company or by any Authorized Officer as defined in the Resolutions relating to the offering and sale of the Notes.

 

The undersigned, Douglas MacLeod and Daniel Willems
Van Dijk, respectively, being Authorized Officers as defined in the Resolutions, each certifies that he has approved the terms of the
Notes as set forth in this Officers’ Certificate, all in accordance with the authority of such officer pursuant to the Resolutions.
Pursuant to Section 1.02 of the Indenture, each of the undersigned certifies that: he has read and is familiar with the provisions of
the Indenture (including Articles Two and Three thereof relating to the issuance of the Notes thereunder and the definitions in the Indenture
relating thereto); he is generally familiar with the affairs of the Company and its corporate acts and proceedings; he has reviewed the
Resolutions and such other documents as he deems necessary and proper to give the opinion expressed herein; in his opinion, he has made
such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not the covenants and
conditions precedent provided in the Indenture relating to the establishment of the Notes have been complied with; and he is of the opinion
that all conditions precedent and covenants provided for in the Indenture relating to the establishment of the Notes have been complied
with.

 

[Signature Page Follows]

 

    -5-

     

    

 

IN
WITNESS WHEREOF, we have executed this Officers’ Certificate as of the date first written above.

 

		By:	/s/ Douglas MacLeod

		Name:	Douglas MacLeod
	 	Title:	President

 

		By:	/s/ Daniel Willems Van Dijk

	 	Name:	Daniel Willems Van Dijk
	 	Title:	Chief Financial Officer

 

[Officers’ Certificate pursuant to Sections
3.01 and 2.01 of the Indenture]

 

     

     

    

 

Annex A

 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO CNH INDUSTRIAL CAPITAL LLC OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH
OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS
IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

 

THIS NOTE IS A GLOBAL SECURITY WITHIN THE MEANING
OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE OF A DEPOSITORY OR A SUCCESSOR DEPOSITORY.
THIS NOTE IS NOT EXCHANGEABLE IN WHOLE OR IN PART FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY OR ITS NOMINEE
EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A
WHOLE BY THE DEPOSITORY TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY)
MAY BE REGISTERED EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED
TO TRANSFERS IN WHOLE, BUT NOT IN PART, AND TRANSFERS OF INTERESTS IN THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE
WITH THE RESTRICTIONS SET FORTH IN SECTION 3.05 OF THE INDENTURE.

 

     

     

    

 

CUSIP No.: 12592B AN4

ISIN No.: US12592BAN47

 

CNH INDUSTRIAL CAPITAL LLC

3.950% NOTE DUE 2025

 

	No. 2025-[●]	$[●]

 

CNH INDUSTRIAL CAPITAL LLC,
a Delaware limited liability company (the “Company,” which term includes any successor entity), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of [●]
DOLLARS on May 23, 2025.

 

Interest Payment Dates: May
23 and November 23, commencing November 23, 2022.

 

Regular Record Dates: May
8 and November 8.

 

Reference is made to the further
provisions of this Note contained herein and the Indenture (as defined), which will for all purposes have the same effect as if set forth
at this place.

 

     

     

    

 

In
Witness Whereof, the Company has caused this instrument to be duly executed under its corporate seal.

 

Dated: May 23, 2022

 

	 	CNH INDUSTRIAL CAPITAL LLC
	 	 
	 	[SEAL]

 

	 	By:	

	 	 	Daniel Willems Van Dijk
	 	 	Chief Financial Officer

 

	Attest:	 
	 	 
	By:	 	 
	 	Eric N. Mathison	 
	 	Secretary	 

 

     

     

    

 

Certificate of Authentication

 

This
is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: May 23, 2022

 

	 	CITIBANK, N.A.,
	 	As Trustee

 

	 	By:	

	 	 	Authorized Signatory

 

[Certificate of Authentication]

 

     

     

    

 

CUSIP No.: 12592B AN4

ISIN No.: US12592BAN47

 

(REVERSE OF SECURITY)

3.950% NOTE DUE 2025

 

1.       Interest.
CNH Industrial Capital LLC, a Delaware limited liability company (the “Company”), promises to pay interest on the principal
amount of this Note at the rate per annum shown above. Interest on the Notes will accrue from the most recent date on which interest
has been paid or, if no interest has been paid, from May 23, 2022. The Company will pay interest semi-annually in arrears on each
Interest Payment Date, commencing November 23, 2022. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Company shall pay interest on overdue principal
and on overdue installments of interest (without regard to any applicable grace periods) to the extent lawful from time to time on demand
at the rate borne by the Notes.

 

2.       Method
of Payment. The Company shall pay interest on the Notes (except defaulted interest) to the Persons who are the registered Holders
at the close of business on the May 1 or November 1 immediately preceding the Interest Payment Date (whether or not such day is a Business
Day) even if the Notes are cancelled on registration of transfer or registration of exchange after such Regular Record Date. Holders must
surrender Notes to a Paying Agent to collect principal payments. Payments of principal and premium, if any, will be made (on presentation
of such Notes if in certificated form) in money of the United States that at the time of payment is legal tender for payment of public
and private debts; provided, however, that the Company may pay principal, premium, if any, and interest by check payable in such
money. The Company may deliver any such interest payment to the Paying Agent or to a Holder at the Holder’s registered address.

 

3.       Paying
Agent and Registrar. Initially, Citibank, N.A., a national banking association (the “Trustee”), will act as Paying
Agent and Security Registrar. The Company may change any Paying Agent, Security Registrar or co-Security Registrar without notice to the
Holders.

 

4.       Indenture.
The Company issued this Note under an Indenture, dated July 2, 2020 (herein called the “Indenture,” which term shall
have the meaning assigned to it in such instrument and which shall include the terms of the Notes established by the Officers’ Certificate,
dated May 23, 2022, pursuant to such instrument), among the Company, the Guarantors and the Trustee. Capitalized terms herein are used
as defined in the Indenture unless otherwise defined herein. The terms of the Notes include those stated in the Indenture and those made
part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S. Code Sections 77aaa-77bbbb) (the “TIA”),
as in effect on the date of the Indenture. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and
Holders are referred to the Indenture and the TIA for a statement of them. The Notes are general unsecured obligations of the Company.

 

     

     

    

 

5.       Redemption.
The Notes shall be redeemable, at the Company’s option, in whole or in part at any time and from time to time, at a Redemption Price
equal to the greater of (i)(a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted
to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20
basis points less (b) interest accrued to the date of redemption, and (ii) 100% of the principal amount thereof, plus, in either case,
accrued and unpaid interest, if any, to the Redemption Date.

 

6.       Notice
of Redemption. Notice of redemption under paragraph 5 of this Note will be mailed or electronically delivered (or otherwise transmitted
in accordance with the depositary’s procedures) at least 10 days but not more than 60 days before the Redemption Date to each Holder
of Notes to be redeemed.

 

Unless the Company defaults in the payment of such
Redemption Price, the Notes called for redemption will cease to bear interest from and after such Redemption Date and the only right of
the Holders of such Notes will be to receive payment of the Redemption Price.

 

7.       Offers
to Purchase. The Indenture provides that upon the occurrence of a Change of Control Triggering Event, and subject to further limitations
contained therein, the Company will make an offer to purchase the Notes in accordance with the procedures set forth in the Indenture.

 

8.       Denominations;
Transfer; Exchange. The Notes are in registered form, without coupons, in denominations of $2,000 and integral multiples of $1,000
in excess thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Registrar may require
a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar
governmental charges payable in connection therewith as permitted by the Indenture. The Registrar need not register the transfer of or
exchange of any Notes or portions thereof selected for redemption.

 

9.       Persons
Deemed Owners. The registered holder of a Note shall be treated as the owner of it for all purposes.

 

10.     Unclaimed
Money. If money for the payment of principal or interest remains unclaimed for two years, the Trustee and the Paying Agent will pay
the money back to the Company on Company Request. After that, Holders entitled to money must look to the Company for payment as unsecured
general creditors.

 

11.     Legal
Defeasance and Covenant Defeasance. The Indenture contains provisions for defeasance at any time of the entire indebtedness of the
Notes or certain restrictive covenants with respect to the Notes and Events of Default with respect to the Notes, in each case upon compliance
with certain conditions set forth in the Indenture.

 

12.      Amendments,
Supplements, and Waivers. The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the
modification of the rights and obligations of the Company and the rights of the Holders of the Notes under the Indenture at any time
by the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Outstanding Notes at that
time. The Indenture also contains provisions (i) permitting the Holders of not less than a majority in principal amount of the
Outstanding Notes, on behalf of all Holders of the Notes, to waive compliance by the Company with certain provisions of the
Indenture with respect to the Notes and (ii) permitting the Holders of a majority in principal amount of the Outstanding Notes,
on behalf of all Holders of the Notes, to waive certain past defaults in respect of the Notes under the Indenture and their
consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all
future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu
hereof, whether or not notation of such consent or waiver is made upon this Note.

 

     

     

    

 

13.     Restrictive
Covenants. The Indenture imposes certain limitations on, among other things, the Company’s ability and the ability of its Restricted
Subsidiaries with respect to the Notes to incur Secured Indebtedness or enter into certain sale and leaseback transactions; and the Company’s
ability and the ability of the Guarantors of the Notes to consolidate, merge, convey, transfer or lease all or substantially all of its
or their respective properties and assets. Such limitations are subject to a number of important qualifications and exceptions. The Company
must annually report to the Trustee on compliance with such limitations.

 

14.     Successor
Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations in respect of the Notes of its predecessor
under the Notes and the Indenture, and immediately before and thereafter no Default with respect to the Notes or Event of Default with
respect to the Notes exists and certain other conditions are satisfied, the predecessor entity will be released from those obligations.

 

15.     Defaults
and Remedies. Events of Default are set forth in the Indenture. If an Event of Default (other than an Event of Default specified in
Section 5.01(7) or (8)) shall occur and be continuing with respect to the Notes, the Trustee or the Holders of at least 25%
in principal amount of the Outstanding Notes may declare the principal of, premium, if any, and accrued interest on all of the Outstanding
Notes to be due and payable by notice in writing to the Company and (if given by the Holders) the Trustee specifying the respective Events
of Default and that it is a “notice of acceleration,” and the same shall become immediately due and payable; provided,
however, that after such acceleration but before a judgment or decree based on such acceleration is obtained by the Trustee, the Holders
of a majority in aggregate principal amount of the Outstanding Notes may rescind and annul such acceleration and its consequences if all
existing Events of Default with respect to the Notes, other than the nonpayment of principal, premium, if any, or interest that has become
due solely because of the acceleration, have been cured or waived. No such rescission shall affect any subsequent Default or Event of
Default or impair any right consequent thereto. In case an Event of Default specified in Section 5.01(7) or (8) of the Indenture
occurs with respect to the Notes and is continuing with respect to the Notes, such principal amount, together with premium, if any, and
interest with respect to all of the Notes, shall be due and payable immediately without any declaration or other act on the part of the
Trustee or the Holders.

 

16.     Trustee
Dealings with Company. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and, subject
to Sections 6.08 and 6.13 of the Indenture, may otherwise deal with the Company and the Guarantors with the same rights it would have
if it were not Trustee.

 

17.     No
Recourse Against Others. As more fully described in the Indenture, no director, officer, employee, stockholder or incorporator, as
such, of the Company shall have any liability for any obligation of the Company under the Notes or the Indenture or for any claim based
on, in respect of or by reason of such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability.
Such waiver and release are part of the consideration for the issuance of the Notes.

 

18.      Authentication.
This Note shall not be valid until the Trustee or Authenticating Agent manually signs the certificate of authentication on this Note.

 

     

     

    

 

19.     Governing
Law; Waiver of Jury Trial. THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED
TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS
LAW OR ANY SUCCESSOR STATUTE). EACH OF THE PARTIES TO THE INDENTURE HAS AGREED TO SUBMIT TO THE NON-EXCLUSIVE JURISDICTION OF THE FEDERAL
COURTS OF THE UNITED STATES OF AMERICA AND THE COURTS OF THE STATE OF NEW YORK, IN EACH CASE LOCATED IN THE CITY OF NEW YORK, IN ANY SUIT,
ACTION OR PROCEEDING ARISING OUT OF, RELATING TO OR BASED ON THE INDENTURE, THIS NOTE OR ANY TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY.
THE COMPANY, THE GUARANTORS AND THE TRUSTEE, AND EACH HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF, IRREVOCABLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL SUIT, ACTION OR PROCEEDING ARISING OUT OF, RELATING
TO OR BASED ON THE INDENTURE, THIS NOTE OR ANY TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY. 

 

20.     Abbreviations
and Defined Terms. Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common),
TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian),
and U/G/M/A (= Uniform Gifts to Minors Act).

 

21.     CUSIP
Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has
caused CUSIP numbers to be printed on the Notes as a convenience to the Holders. No representation is made as to the accuracy of such
numbers as printed on the Notes and reliance may be placed only on the other identification numbers printed hereon.

 

22.     Indenture.
Each Holder, by accepting a Note, agrees to be bound by all of the terms and provisions of the Indenture, as the same may be amended from
time to time.

 

The Company will furnish to any Holder upon written
request and without charge a copy of the Indenture. Requests may be made to: CNH Industrial Capital LLC, Attention: General Counsel, 5729
Washington Avenue, Racine, WI 53406.

 

     

     

    

 

NOTATION OF GUARANTEE

 

Each Guarantor (capitalized
terms used herein have the meanings given such terms in the Indenture referred to in the Security upon which this notation is endorsed)
signing below hereby unconditionally, jointly and severally, guarantees (such guarantee being referred to herein as the “Guarantee”),
to the extent set forth in the Indenture and subject to the provisions in the Indenture, the due and punctual payment of the principal
of, premium, if any, and interest (if such Security provides for the payment of interest) on the Securities to which this notation is
affixed and all other amounts due and payable under the Indenture and the Securities to which this notation is affixed by the Company.

 

The terms of the Guarantee
evidenced by this Notation of Guarantee include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S. Code Sections 77aaa-77bbbb), as in effect on the date of the Indenture. For the avoidance of
doubt, the terms of Article 14 of the Indenture are incorporated by reference into this Notation of Guarantee as if set forth herein.

 

The Guarantee evidenced by
this Notation of Guarantee shall not be valid or obligatory for any purpose until the certificate of authentication on the Securities
upon which this Notation of Guarantee is noted shall have been executed by the Trustee under the Indenture by the manual signature of
one of its authorized officers.

 

The Guarantee evidenced by
this Notation of Guarantee shall be governed by and construed in accordance with the laws of the State of New York.

 

The Guarantee evidenced by
this Notation of Guarantee is subject to release upon the terms set forth in the Indenture.

 

	 	GUARANTORS:
	 	 	 
	 	CNH INDUSTRIAL CAPITAL AMERICA LLC
	 	 	 
	 	By:	 
	 	 	Daniel Willems Van Dijk
	 	 	Assistant Treasurer

 

	 	NEW HOLLAND CREDIT COMPANY, LLC
	 	 	 
	 	By:	 
	 	 	Daniel Willems Van Dijk
	 	 	Assistant Treasurer

 

[Notation of Guarantee]

 

     

     

    

 

ASSIGNMENT FORM

 

If you the Holder want to assign this Note, fill
in the form below and have your signature guaranteed:

 

I or we assign and transfer this Note to:

 

 

 

 

(Print or type name, address and zip code and

social security or tax ID number of assignee)

 

and irrevocably appoint                                                                                                                                                                             ,agent
to transfer this Note on the books of CNH Industrial Capital LLC. The agent may substitute another to act for him.

 

	Date:	 	 	Signed:	 
	 	 	 	 	(Sign exactly as your name appears on the other side of this Note)

 

Medallion Guarantee:                                                     

 

Signatures must be guaranteed by an “eligible guarantor institution”
meeting the requirements of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion
Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition
to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.

 

     

     

    

 

[OPTION OF HOLDER TO ELECT PURCHASE]

 

If you want to elect to have this Note purchased
by CNH Industrial Capital LLC pursuant to Section 10.13 of the Indenture, check the following box:

 

Section 10.13 o

 

If you want to elect to have only part of this
Note purchased by CNH Industrial Capital LLC pursuant to Section 10.13 of the Indenture, state the amount you elect to have purchased:

 

$                                                 

 

	Date:	 	 	 
	 	 	 	NOTICE: The signature on this assignment must correspond with the name as it appears upon the face of the within Note in every particular without alteration or enlargement or any change whatsoever and be guaranteed by the endorser’s bank or broker.

 

Medallion Guarantee:                                                     

 

Signatures must be guaranteed by an “eligible guarantor institution”
meeting the requirements of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion
Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition
to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.

 

     

     

    

 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL SECURITY

 

The initial principal
amount of this Global Security is $[●].
The following increases or decreases in this Global Security have been made:

 

	Date of Exchange	 	Amount of decrease in

 Principal Amount of this

 Global Security	 	Amount of increase in

 Principal Amount of this

 Global Security	 	Principal amount of this

 Global Security 

following such decrease

 or increase	 	Signature of authorized

 signatory of Trustee or

 Global Security 

custodianEX-4.8

Table of Contents

 Exhibit 4.8 

FINCH THERAPEUTICS GROUP, INC. 

and 
 U.S. BANK TRUST COMPANY,
NATIONAL ASSOCIATION, as Trustee 
 INDENTURE 

Dated as of [    ], [    ] 

Table of Contents

 TABLE OF CONTENTS 

 

							
		
	ARTICLE 1. DEFINITIONS AND INCORPORATION BY REFERENCE	  	 	1	 
			
	 1.1.
	 	 DEFINITIONS
	  	 	1	 
			
	 1.2.
	 	 INCORPORATION BY REFERENCE OF TRUST INDENTURE ACT
	  	 	5	 
			
	 1.3.
	 	 RULES OF CONSTRUCTION
	  	 	5	 
		
	ARTICLE 2. THE SECURITIES	  	 	6	 
			
	 2.1.
	 	 ISSUABLE IN SERIES
	  	 	6	 
			
	 2.2.
	 	 ESTABLISHMENT OF TERMS OF SERIES OF SECURITIES
	  	 	6	 
			
	 2.3.
	 	 EXECUTION AND AUTHENTICATION
	  	 	8	 
			
	 2.4.
	 	 REGISTRAR AND PAYING AGENT
	  	 	9	 
			
	 2.5.
	 	 PAYING AGENT TO HOLD ASSETS IN TRUST
	  	 	10	 
			
	 2.6.
	 	 SECURITYHOLDER LISTS
	  	 	11	 
			
	 2.7.
	 	 TRANSFER AND EXCHANGE
	  	 	11	 
			
	 2.8.
	 	 REPLACEMENT SECURITIES
	  	 	12	 
			
	 2.9.
	 	 OUTSTANDING SECURITIES
	  	 	12	 
			
	 2.10.
	 	 WHEN TREASURY SECURITIES DISREGARDED; DETERMINATION OF HOLDERS’ ACTION
	  	 	12	 
			
	 2.11.
	 	 TEMPORARY SECURITIES
	  	 	13	 
			
	 2.12.
	 	 CANCELLATION
	  	 	13	 
			
	 2.13.
	 	 PAYMENT OF INTEREST; DEFAULTED INTEREST; COMPUTATION OF INTEREST
	  	 	13	 
			
	 2.14.
	 	 CUSIP NUMBER
	  	 	14	 
			
	 2.15.
	 	 PROVISIONS FOR GLOBAL SECURITIES
	  	 	14	 
			
	 2.16.
	 	 PERSONS DEEMED OWNERS
	  	 	15	 

  
 -i- 

Table of Contents

							
		
	ARTICLE 3. REDEMPTION	  	 	16	 
			
	 3.1.
	 	 NOTICES TO TRUSTEE
	  	 	16	 
			
	 3.2.
	 	 SELECTION BY TRUSTEE OF SECURITIES TO BE REDEEMED
	  	 	16	 
			
	 3.3.
	 	 NOTICE OF REDEMPTION
	  	 	16	 
			
	 3.4.
	 	 EFFECT OF NOTICE OF REDEMPTION
	  	 	17	 
			
	 3.5.
	 	 DEPOSIT OF REDEMPTION PRICE
	  	 	18	 
			
	 3.6.
	 	 SECURITIES REDEEMED IN PART
	  	 	18	 
		
	ARTICLE 4. COVENANTS	  	 	18	 
			
	 4.1.
	 	 PAYMENT OF SECURITIES
	  	 	18	 
			
	 4.2.
	 	 SEC REPORTS
	  	 	19	 
			
	 4.3.
	 	 WAIVER OF STAY, EXTENSION OR USURY LAWS
	  	 	19	 
			
	 4.4.
	 	 COMPLIANCE CERTIFICATE
	  	 	19	 
			
	 4.5.
	 	 CORPORATE EXISTENCE
	  	 	20	 
		
	ARTICLE 5. SUCCESSOR CORPORATION	  	 	20	 
			
	 5.1.
	 	 LIMITATION ON CONSOLIDATION, MERGER AND SALE OF ASSETS
	  	 	20	 
			
	 5.2.
	 	 SUCCESSOR PERSON SUBSTITUTED
	  	 	21	 
		
	ARTICLE 6. DEFAULTS AND REMEDIES	  	 	21	 
			
	 6.1.
	 	 EVENTS OF DEFAULT
	  	 	21	 
			
	 6.2.
	 	 ACCELERATION
	  	 	22	 
			
	 6.3.
	 	 REMEDIES
	  	 	23	 
			
	 6.4.
	 	 WAIVER OF PAST DEFAULTS AND EVENTS OF DEFAULT
	  	 	23	 
			
	 6.5.
	 	 CONTROL BY MAJORITY
	  	 	24	 
			
	 6.6.
	 	 LIMITATION ON SUITS
	  	 	24	 
			
	 6.7.
	 	 RIGHTS OF HOLDERS TO RECEIVE PAYMENT
	  	 	24	 
			
	 6.8.
	 	 COLLECTION SUIT BY TRUSTEE
	  	 	25	 
			
	 6.9.
	 	 TRUSTEE MAY FILE PROOFS OF CLAIM
	  	 	25	 
			
	 6.10.
	 	 PRIORITIES
	  	 	26	 
			
	 6.11.
	 	 UNDERTAKING FOR COSTS
	  	 	26	 

  
 -ii- 

Table of Contents

							
		
	ARTICLE 7. TRUSTEE	  	 	26	 
			
	 7.1.
	 	 DUTIES OF TRUSTEE
	  	 	26	 
			
	 7.2.
	 	 RIGHTS OF TRUSTEE
	  	 	28	 
			
	 7.3.
	 	 INDIVIDUAL RIGHTS OF TRUSTEE
	  	 	29	 
			
	 7.4.
	 	 TRUSTEE’S DISCLAIMER
	  	 	29	 
			
	 7.5.
	 	 NOTICE OF DEFAULT
	  	 	29	 
			
	 7.6.
	 	 REPORTS BY TRUSTEE TO HOLDERS
	  	 	30	 
			
	 7.7.
	 	 COMPENSATION AND INDEMNITY
	  	 	30	 
			
	 7.8.
	 	 REPLACEMENT OF TRUSTEE
	  	 	31	 
			
	 7.9.
	 	 SUCCESSOR TRUSTEE BY CONSOLIDATION, MERGER OR CONVERSION
	  	 	32	 
			
	 7.10.
	 	 ELIGIBILITY; DISQUALIFICATION
	  	 	32	 
			
	 7.11.
	 	 PREFERENTIAL COLLECTION OF CLAIMS AGAINST COMPANY
	  	 	32	 
			
	 7.12.
	 	 PAYING AGENTS
	  	 	33	 
		
	ARTICLE 8. AMENDMENTS, SUPPLEMENTS AND WAIVERS	  	 	33	 
			
	 8.1.
	 	 WITHOUT CONSENT OF HOLDERS
	  	 	33	 
			
	 8.2.
	 	 WITH CONSENT OF HOLDERS
	  	 	34	 
			
	 8.3.
	 	 COMPLIANCE WITH TRUST INDENTURE ACT
	  	 	35	 
			
	 8.4.
	 	 REVOCATION AND EFFECT OF CONSENTS
	  	 	35	 
			
	 8.5.
	 	 NOTATION ON OR EXCHANGE OF SECURITIES
	  	 	36	 
			
	 8.6.
	 	 TRUSTEE TO SIGN AMENDMENTS, ETC.
	  	 	36	 
		
	ARTICLE 9. DISCHARGE OF INDENTURE; DEFEASANCE	  	 	36	 
			
	 9.1.
	 	 DISCHARGE OF INDENTURE
	  	 	36	 
			
	 9.2.
	 	 LEGAL DEFEASANCE
	  	 	36	 
			
	 9.3.
	 	 COVENANT DEFEASANCE
	  	 	37	 
			
	 9.4.
	 	 CONDITIONS TO LEGAL DEFEASANCE OR COVENANT DEFEASANCE
	  	 	37	 

  
 -iii- 

Table of Contents

							
	 9.5.
	 	DEPOSITED MONEY AND U.S. AND FOREIGN GOVERNMENT OBLIGATIONS TO BE HELD IN TRUST; OTHER MISCELLANEOUS PROVISIONS	  	 	39	 
			
	 9.6.
	 	REINSTATEMENT	  	 	39	 
			
	 9.7.
	 	MONEYS HELD BY PAYING AGENT	  	 	40	 
			
	 9.8.
	 	MONEYS HELD BY TRUSTEE	  	 	40	 
		
	ARTICLE 10. MISCELLANEOUS	  	 	40	 
			
	 10.1.
	 	TRUST INDENTURE ACT CONTROLS	  	 	40	 
			
	 10.2.
	 	NOTICES	  	 	41	 
			
	 10.3.
	 	COMMUNICATIONS BY HOLDERS WITH OTHER HOLDERS	  	 	43	 
			
	 10.4.
	 	CERTIFICATE AND OPINION AS TO CONDITIONS PRECEDENT	  	 	43	 
			
	 10.5.
	 	STATEMENT REQUIRED IN CERTIFICATE AND OPINION	  	 	43	 
			
	 10.6.
	 	RULES BY TRUSTEE AND AGENTS	  	 	44	 
			
	 10.7.
	 	BUSINESS DAYS; LEGAL HOLIDAYS; PLACE OF PAYMENT	  	 	44	 
			
	 10.8.
	 	GOVERNING LAW	  	 	44	 
			
	 10.9.
	 	NO ADVERSE INTERPRETATION OF OTHER AGREEMENTS	  	 	44	 
			
	 10.10.
	 	NO RECOURSE AGAINST OTHERS	  	 	44	 
			
	 10.11.
	 	SUCCESSORS	  	 	44	 
			
	 10.12.
	 	MULTIPLE COUNTERPARTS	  	 	45	 
			
	 10.13.
	 	TABLE OF CONTENTS, HEADINGS, ETC.	  	 	45	 
			
	 10.14.
	 	SEVERABILITY	  	 	45	 
			
	 10.15.
	 	SECURITIES IN A FOREIGN CURRENCY OR IN EUROS	  	 	45	 
			
	 10.16.
	 	JUDGMENT CURRENCY	  	 	46	 

  
 -iv- 

Table of Contents

 CROSS-REFERENCE TABLE 

 

			
	 TIA SECTION
	  	 INDENTURE SECTION

	310(a)(1)(2)(5)	  	7.10
	310(a)(3)(4)	  	Inapplicable
	310(b)	  	7.8; 7.10
	310(c)	  	Inapplicable
	311(a)(b)	  	7.11
	311(c)	  	Inapplicable
	312(a)	  	2.6
	312(b)(c)	  	10.3
	313(a)(b)	  	7.6
	313(c)	  	7.6; 10.2
	313(d)	  	7.6
	314(a)	  	4.2; 4.4; 10.2
	314(b)	  	N/A
	314(c)(1)(2)	  	10.4; 10.5
	314(c)(3)	  	Inapplicable
	314(d)	  	Inapplicable
	314(e)	  	10.5
	314(f)	  	Inapplicable
	315(a)	  	7.1, 7.2
	315(b)	  	7.5; 10.2
	315(c)	  	7.1
	315(d)	  	7.1; 7.2

  
 -v- 

Table of Contents

			
	 TIA SECTION
	  	 INDENTURE SECTION

	315(e)	  	6.11
	316(a)(last sentence)	  	2.10
	316(a)(1)(A)	  	6.5
	316(a)(1)(B)	  	6.4
	316(a)(2)	  	8.2
	316(b)	  	6.7
	316(c)	  	8.4
	317(a)(1)	  	6.8
	317(a)(2)	  	6.9
	317(b)	  	2.5; 7.12
	318(a)	  	10.1

  

	Note:	 This Cross-Reference Table shall not, for any purpose, be deemed to be a part of the Indenture.

  
 -vi- 

Table of Contents

 INDENTURE, dated as of [ ], [ ] by and between Finch Therapeutics Group, Inc., a Delaware
corporation, as Issuer (the “Company”) and U.S. Bank Trust Company, National Association, as Trustee (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 or other evidences of indebtedness to be issued in one or more series (the “Securities”), as herein provided, up to such principal amount as may from time to time be authorized in or pursuant to one or more resolutions of the Board
of Directors or by supplemental indenture. 
 All things necessary to make this Indenture a valid agreement of the Company in accordance
with its terms have been done, and the execution and delivery thereof have been in all respects duly authorized by the parties hereto. 

NOW, THEREFORE, THIS INDENTURE WITNESSETH: 

For and in consideration of the premises and the purchase of the Securities by the Holders thereof, it is mutually agreed, for the equal and
proportionate benefit of all Holders of the Securities of a Series thereof, as follows: 
 ARTICLE 1. 

DEFINITIONS AND INCORPORATION BY REFERENCE 
  

	1.1.	 DEFINITIONS. 

“Affiliate” of any specified Person means any other Person which, directly or indirectly through one or more intermediaries,
controls, or is controlled by or is under common control with, such specified Person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,” “controlled by” and
“under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of
voting securities, by agreement or otherwise. 
 “Agent” means any Registrar, Paying Agent,
co-registrar or agent for service of notices and demands. 
 “Board of Directors” means
the Board of Directors of the Company or any committee duly authorized to act therefor. 
 “Board Resolution” means a copy of a
resolution certified pursuant to an Officers’ Certificate to have been duly adopted by the Board of Directors of the Company and to be in full force and effect on the date of such certification which has been delivered to the Trustee. 

“Capital Stock” means, with respect to any Person, any and all shares or other equivalents (however designated) of capital stock,
partnership interests or any other participation, right or other interest in the nature of an equity interest in such Person or any option, warrant or other security convertible into any of the foregoing. 

  
 -1- 

Table of Contents

 “Company” means the party named as such in the first paragraph of this Indenture
until a successor replaces such party pursuant to ARTICLE 5 of this Indenture, and thereafter means the successor and any other primary obligor on the Securities. 

“Company Order” means a written order signed in the name of the Company by two Officers, one of whom must be its Chief Executive
Officer, its Chief Operating Officer or its Chief Financial Officer. 
 “Company Request” means any written request signed in the
name of the Company by its Chief Executive Officer, its President, any Vice President, its Chief Operating Officer, its Chief Financial Officer or its Treasurer and attested to by its Secretary or any Assistant Secretary. 

“Corporate Trust Office” means the office of the Trustee at the address specified in Section 10.2 or such other address as to
which the Trustee may give notice to the Company. 
 “Default” means any event that is, or that with the passing of time or giving
of notice or both would be, an Event of Default. 
 “Depository” means, with respect to the Securities of any Series issuable or
issued in whole or in part in the form of one or more Global Securities, the Person designated as Depository for such Series by the Company, which Depository shall be a clearing agency registered under the Exchange Act, until a successor Depository
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Depository” shall mean each Person who is then a Depository hereunder, and if at any time there is more than one such Person, such Persons.

 “Dollars” means the currency of the United States of America. 

“Euro” means the single currency of participating member states of the economic and monetary union as contemplated in the Treaty on
European Union. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Foreign Currency” means any currency or currency unit issued by a government other than the government of the United States of
America. 
 “Foreign Government Obligations” means, with respect to Securities that are denominated in a Foreign Currency,
(i) direct obligations of the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged or (ii) obligations of a Person controlled or supervised by, or acting as
an agency or instrumentality of, such government, the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by such government, which, in either case under clauses (i) and (ii), are not callable or
redeemable at the option of the issuer thereof. 

  
 -2- 

Table of Contents

 “GAAP” means generally accepted accounting principles consistently applied as in
effect in the United States of America from time to time. 
 “Global Security” or “Global Securities” means a Security
or Securities, as the case may be, in the form established pursuant to Section 2.2, evidencing all or part of a Series of Securities issued to the Depository for such Series or its nominee, and registered in the name of such Depository or
nominee, and bearing the legend set forth in Section 2.15(c) (or such other legend(s) as may be applied to such Securities in accordance with Section 2.2(24)). 

“Holder” or “Securityholder” means the Person in whose name a Security is registered on the Registrar’s books. 

“Indebtedness” means (without duplication), with respect to any Person, any indebtedness at any time outstanding, secured or
unsecured, contingent or otherwise, which is for borrowed money (whether or not the recourse of the lender is to the whole of the assets of such Person or only to a portion thereof), or evidenced by bonds, notes, debentures or similar instruments,
or representing the balance deferred and unpaid of the purchase price of any property (excluding any balances that constitute accounts payable or trade payables, and other accrued liabilities arising in the ordinary course of business), if and to
the extent any of the foregoing indebtedness would appear as a liability upon a balance sheet of such Person prepared in accordance with GAAP. 

“Indenture” means this Indenture as amended, restated or supplemented from time to time. 

“Interest Payment Date,” when used with respect to any Security, means the Stated Maturity of an installment of interest on such
Security. 
 “Lien” means, with respect to any property or assets of any Person, any mortgage or deed of trust, pledge,
hypothecation, assignment, deposit arrangement, security interest, lien, charge, easement, encumbrance, preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever on or with respect to such property
or assets (including, without limitation, any capitalized lease obligation, conditional sales or other title retention agreement having substantially the same economic effect as any of the foregoing). 

“Maturity,” when used with respect to any Security, means the date on which the principal of such Security, or an installment of
principal, becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption, notice of option to elect payment or otherwise. 

“Officer” means the Chief Executive Officer, the President, any Vice President, the Chief Operating Officer, the Chief Financial
Officer, the Treasurer or the Secretary of the Company, or any other officer designated by the Board of Directors, as the case may be. 

“Officers’ Certificate” means, with respect to any Person, a certificate signed by the Chairman, Chief Executive Officer,
President or any Senior or Executive Vice President and the Chief Operating Officer, Chief Financial Officer or any Treasurer of such Person, that shall comply with applicable provisions of this Indenture. 

  
 -3- 

Table of Contents

 “Opinion of Counsel” means a written opinion from legal counsel, which counsel is
reasonably acceptable to the Trustee. The counsel may be an employee of or counsel to the Company. 
 “Person” means any
individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government (including any agency or political subdivision thereof). 

“Redemption Date,” when used with respect to any Security to be redeemed, means the date fixed for such redemption pursuant to this
Indenture. 
 “Responsible Officer,” when used with respect to the Trustee, means any officer within the Corporate Trust Office of
the Trustee including any vice president, assistant vice president, assistant secretary, assistant treasurer or any other officer of the Trustee who shall have direct responsibility for the administration of this Indenture, or any other officer of
the Trustee to whom such matter is referred because of his or her knowledge of and familiarity with the particular subject. 

“SEC” means the United States Securities and Exchange Commission as constituted from time to time, or any successor performing
substantially the same functions. 
 “Securities” means the securities that are issued under this Indenture, as amended or
supplemented from time to time pursuant to this Indenture. 
 “Securities Act” means the Securities Act of 1933, as amended. 

“Series” or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created
pursuant to Sections 2.1 and 2.2. 
 “Significant Subsidiary” means (i) any direct or indirect Subsidiary of the Company that
would be a “significant subsidiary” as defined in ARTICLE 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in
effect on the date hereof, or (ii) any group of direct or indirect Subsidiaries of the Company that, taken together as a group, would be a “significant subsidiary” as defined in ARTICLE 1, Rule
1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the date hereof. 

“Stated Maturity,” when used with respect to any Security or any installment of principal thereof or interest thereon, means the
date specified in such Security as the fixed date on which the principal of such Security, or such installment of principal or interest, is due and payable, and when used with respect to any other Indebtedness, means the date specified in the
instrument governing such Indebtedness as the fixed date on which the principal of such Indebtedness, or any installment of interest thereon, is due and payable. 

“Subsidiary” of any specified Person means any corporation, limited liability company, partnership, joint venture, association or
other business entity, whether now existing or hereafter organized or acquired, (i) in the case of a corporation, of which more than 50% of the total voting power of the Capital Stock entitled (without regard to the occurrence of any
contingency) to vote in the election of directors thereof is held, directly or indirectly, by such Person or any of its Subsidiaries; or (ii) in the case of a partnership, joint venture, association or other business entity, with respect to
which such Person or any of its Subsidiaries has the power to direct or cause the direction of the management and policies of such entity by contract or otherwise, or if in accordance with GAAP such entity is consolidated with such Person for
financial statement purposes. 

  
 -4- 

Table of Contents

 “TIA” means the Trust Indenture Act of 1939 (15 U.S. Code
Section 77aaa-77bbbb) as in effect on the date of this Indenture (except as provided in Section 8.3). 
 “Trustee” means
the party named as such in this Indenture until a successor replaces it pursuant to this Indenture, and thereafter means the successor, and if at any time there is more than one such Person, “Trustee” as used with respect to the Securities
of any Series shall mean the Trustee with respect to Securities of that Series. 
 “U.S. Government Obligations” means direct non-callable obligations of, or non-callable obligations guaranteed by, the United States of America for the payment of which obligation or guarantee the full faith and credit
of the United States of America is pledged. 
  

	1.2.	 INCORPORATION BY REFERENCE OF TRUST INDENTURE ACT. 

Whenever this Indenture refers to a provision of the TIA, the portion of such provision required to be incorporated herein in order for this
Indenture to be qualified under the TIA is incorporated by reference in and made a part of this Indenture. The following TIA terms used in this Indenture have the following meanings: 

“Commission” means the SEC. 

“indenture securities” means the Securities. 

“indenture securityholder” means a Holder or Securityholder. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

“obligor on the indenture securities” means the Company. 

All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule
have the meanings therein assigned to them. 
  

	1.3.	 RULES OF CONSTRUCTION. 

Unless the context otherwise requires: 

(1) a term has the meaning assigned to it herein, whether defined expressly or by reference; 

(2) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

  
 -5- 

Table of Contents

 (3) “or” is not exclusive; 

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

(5) words used herein implying any gender shall apply to each gender; and 

(6) the words “herein”, “hereof” and “hereunder” and other words of similar import refer to this Indenture as a
whole and not to any particular Article, Section or other subdivision. 
 ARTICLE 2. 

THE SECURITIES 
  

	2.1.	 ISSUABLE IN SERIES. 

The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is $[ ]. The Securities may be issued
in one or more Series. All Securities of a Series shall be identical except as may be set forth in a Board Resolution, a supplemental indenture or an Officers’ Certificate detailing the adoption of the terms thereof pursuant to the authority
granted under a Board Resolution. In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officers’ Certificate or supplemental indenture may provide for the method by which specified terms (such as interest
rate, Stated Maturity, record date or date from which interest shall accrue) are to be determined. Securities may differ between Series in respect of any matters, PROVIDED, that all Series of Securities shall be equally and ratably entitled to the
benefits of the Indenture. 
  

	2.2.	 ESTABLISHMENT OF TERMS OF SERIES OF SECURITIES. 

At or prior to the issuance of any Securities within a Series, the following shall be established (as to the Series generally, in the case of
Subsection 2.2(1) and either as to such Securities within the Series or as to the Series generally in the case of Subsections 2.2(2) through 2.2(24)) by a Board Resolution, a supplemental indenture or an Officers’ Certificate, in each case,
pursuant to authority granted under a Board Resolution: 
 (1) the title of the Series (which shall distinguish the Securities of that
particular Series from the Securities of any other Series); 
 (2) any limit upon the aggregate principal amount of the Securities of the
Series which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the Series pursuant to Section 2.7,
2.8, 2.11, 3.6 or 8.5); 
 (3) the price or prices (expressed as a percentage of the principal amount thereof) at which the Securities of
the Series will be issued; 
 (4) the date or dates on which the principal of the Securities of the Series is payable; 

  
 -6- 

Table of Contents

 (5) the rate or rates (which may be fixed or variable) per annum or, if applicable, the
method used to determine such rate or rates (including, but not limited to, any commodity, commodity index, stock exchange index or financial index) at which the Securities of the Series shall bear interest, if any, the date or dates from which such
interest, if any, shall accrue, the date or dates on which such interest, if any, shall commence and be payable and any regular record date for the interest payable on any Interest Payment Date; 

(6) the place or places where the principal of, and interest and premium, if any, on, the Securities of the Series shall be payable, or the
method of such payment, if by wire transfer, mail or other means; 
 (7) if applicable, the period or periods within which, the price or
prices at which and the terms and conditions upon which the Securities of the Series may be redeemed, in whole or in part, at the option of the Company; 

(8) the obligation, if any, of the Company to redeem or purchase the Securities of the Series pursuant to any sinking fund or analogous
provisions or at the option of a Holder thereof, and the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the Series shall be redeemed or purchased, in whole or in part, pursuant to
such obligation; 
 (9) the dates, if any, on which and the price or prices at which the Securities of the Series will be repurchased by the
Company at the option of the Holders thereof, and other detailed terms and provisions of such repurchase obligations; 
 (10) if other than
denominations of $1,000 and any integral multiple thereof, the denominations in which the Securities of the Series shall be issuable; 

(11) the forms of the Securities of the Series in bearer (if to be issued outside of the United States of America) or fully registered form
(and, if in fully registered form, whether the Securities will be issuable as Global Securities); 
 (12) if other than the principal amount
thereof, the portion of the principal amount of the Securities of the Series that shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 6.2; 

(13) the currency of denomination of the Securities of the Series, which may be Dollars or any Foreign Currency, including, but not limited
to, the Euro, and, if such currency of denomination is a composite currency other than the Euro, the agency or organization, if any, responsible for overseeing such composite currency; 

(14) the designation of the currency, currencies or currency units in which payment of the principal of, and interest and premium, if any, on,
the Securities of the Series will be made; 
 (15) if payments of principal of, or interest or premium, if any, on, the Securities of the
Series are to be made in one or more currencies or currency units other than that or those in which such Securities are denominated, the manner in which the exchange rate with respect to such payments will be determined; 

  
 -7- 

Table of Contents

 (16) the manner in which the amounts of payment of principal of, or interest and premium, if
any, on, the Securities of the Series will be determined, if such amounts may be determined by reference to an index based on a currency or currencies or by reference to a commodity, commodity index, stock exchange index or financial index; 

(17) the provisions, if any, relating to any collateral provided for the Securities of the Series; 

(18) any addition to or change in the covenants set forth in ARTICLE 4 or ARTICLE 5 that applies to Securities of the Series; 

(19) any addition to or change in the Events of Default which applies to any Securities of the Series, and any change in the right of the
Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 6.2; 

(20) the terms and conditions, if any, for conversion of the Securities into or exchange of the Securities for shares of common stock or
preferred stock of the Company that apply to Securities of the Series; 
 (21) any depositories, interest rate calculation agents, exchange
rate calculation agents or other agents with respect to Securities of such Series if other than those appointed herein; 
 (22) the terms
and conditions, if any, upon which the Securities shall be subordinated in right of payment to other Indebtedness of the Company; 
 (23) if
applicable, that the Securities of the Series, in whole or any specified part, shall be defeasible pursuant to Article 9; and 
 (24) any
other terms of the Securities of the Series (which terms shall not be inconsistent with the provisions of this Indenture, except as permitted by Section 8.1, but which may modify or delete any provision of this Indenture insofar as it applies
to such Series). 
 (25) All Securities of any one Series need not be issued at the same time, and may be issued from time to time,
consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture or Officers’ Certificate referred to above, however, the authorized principal amount of any Series may not be increased
to provide for issuances of additional Securities of such Series, unless otherwise provided in such Board Resolution, supplemental indenture or Officers’ Certificate. 
  

	2.3.	 EXECUTION AND AUTHENTICATION. 

The Securities shall be executed on behalf of the Company by two Officers of the Company or an Officer and an Assistant Secretary of the
Company. Each such signature may be either manual, electronic or facsimile. The Company’s seal may be impressed, affixed, imprinted or reproduced on the Securities and may be in facsimile form. 

  
 -8- 

Table of Contents

 If an Officer whose signature is on a Security no longer holds that office at the time the
Security is authenticated, the Security shall nevertheless be valid. 
 A Security shall not be valid until authenticated by the manual
signature of the Trustee or an authenticating agent. The signature shall be conclusive evidence that the Security has been authenticated under this Indenture. The Trustee shall at any time, and from time to time, authenticate Securities for original
issue in the principal amount provided in the Board Resolution, supplemental indenture hereto or Officers’ Certificate, upon receipt by the Trustee of a Company Order. Such Company Order may authorize authentication and delivery pursuant to
oral or electronic instructions from the Company or its duly authorized agent or agents, which oral instructions shall be promptly confirmed in writing. Each Security shall be dated the date of its authentication. 

The aggregate principal amount of Securities of any Series outstanding at any time may not exceed any limit upon the maximum principal amount
for such Series set forth in the Board Resolution, supplemental indenture hereto or Officers’ Certificate delivered pursuant to Section 2.2, except as provided in Section 2.8. 

Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to Section 7.1) shall be fully protected
in relying on: (a) the Board Resolution, supplemental indenture hereto or Officers’ Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the Securities of that Series or of
Securities within that Series, (b) an Officers’ Certificate complying with Section 10.4, and (c) an Opinion of Counsel complying with Section 10.4. 

The Trustee shall have the right to decline to authenticate and deliver any Securities of any Series: (a) if the Trustee, being advised
in writing by outside counsel, determines that such action may not lawfully be taken; or (b) if the Trustee in good faith shall reasonably determine that such action would expose the Trustee to personal liability, or cause it to have a conflict
of interest with respect to Holders of any then outstanding Series of Securities. 
 The Trustee may appoint an authenticating agent
acceptable to the Company to authenticate Securities. An authenticating agent may authenticate Securities whenever the Trustee may do so. Any appointment shall be evidenced by an instrument signed by an authorized officer of the Trustee, a copy of
which shall be furnished to the Company. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as an Agent to deal with the Company or an Affiliate of the
Company. 
  

	2.4.	 REGISTRAR AND PAYING AGENT. 

The Company shall maintain in each Place of Payment for any Series of Securities (i) an office or agency where such Securities may be
presented for registration of transfer or for exchange (“Registrar”), (ii) an office or agency where such Securities may be presented for payment (“Paying Agent”), and PROVIDED, FURTHER, that at the option of the Company payment
of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the register for the Securities maintained by the Registrar), and (iii) an office or agency where notices and demands to or
upon the Company in respect of the Securities and this Indenture may be served (“Service Agent”). The Registrar shall keep a register of the Securities and of their transfer and exchange. The Company may have one or more co-registrars and one or more additional paying agents. The Company shall 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 to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the address of the Trustee as set forth in Section 10.2;
except for any service of process upon the Company. If the Company acts as Paying Agent, it shall segregate the money held by it for the payment of principal of, and interest and premium, if any, on, the Securities and hold it as a separate trust
fund. The Company may change any Paying Agent, Registrar, co-registrar or any other Agent without notice to any Securityholder. 

  
 -9- 

Table of Contents

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

The Company shall enter into an appropriate agency agreement with any Registrar or Paying Agent not a party to this Indenture. The agreement
shall implement the provisions of this Indenture that relate to such Agent. The Company shall notify the Trustee of the name and address of any such Agent. If the Company fails to maintain a Registrar or Paying Agent, or agent for service of notices
and demands, or fails to give the foregoing notice, the Trustee shall act as such. The Company hereby appoints the Trustee as the initial Registrar, Paying Agent and Service Agent for each Series unless another Registrar, Paying Agent or Service
Agent, as the case may be, is appointed prior to the time Securities of that Series are first issued. 
  

	2.5.	 PAYING AGENT TO HOLD ASSETS IN TRUST. 

The Trustee as Paying Agent shall, and the Company shall require each Paying Agent other than the Trustee to agree in writing that each Paying
Agent shall, hold in trust for the benefit of the Holders of any Series of Securities or the Trustee all assets held by the Paying Agent for the payment of principal of, or interest or premium, if any, on, such Series of Securities (whether such
assets have been distributed to it by the Company or any other obligor on such Series of Securities), and the Company and the Paying Agent shall notify the Trustee in writing of any Default by the Company (or any other obligor on such Series of
Securities) in making any such payment. The Company at any time may require a Paying Agent to distribute all assets held by it to the Trustee and account for any assets disbursed, and the Trustee may, at any time during the continuance of any
payment default with respect to any Series of Securities, upon written request to a Paying Agent, require such Paying Agent to distribute all assets held by it to the Trustee and to account for any assets distributed. Upon distribution to the
Trustee of all assets that shall have been delivered by the Company to the Paying Agent, the Paying Agent shall have no further liability for such assets. 

  
 -10- 

Table of Contents

	2.6.	 SECURITYHOLDER LISTS. 

The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of
Securityholders of each Series of Securities. If the Trustee is not the Registrar, the Company shall furnish to the Trustee as of each regular record date for the payment of interest on the Securities of a Series and before each related Interest
Payment Date, and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of Securityholders of each Series of Securities. 

 

	2.7.	 TRANSFER AND EXCHANGE. 

When Securities of a Series are presented to the Registrar with a request to register the transfer thereof, the Registrar shall register the
transfer as requested if the requirements of applicable law are met, and when such Securities of a Series are presented to the Registrar with a request to exchange them for an equal principal amount of other authorized denominations of Securities of
the same Series, the Registrar shall make the exchange as requested. To permit transfers and exchanges, upon surrender of any Security for registration of transfer at the office or agency maintained pursuant to Section 2.4, the Company shall
execute and the Trustee shall authenticate Securities at the Registrar’s request. 
 If Securities are issued as Global Securities, the
provisions of Section 2.15 shall apply. 
 All Securities issued upon any registration of transfer or exchange of Securities shall be
the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Registrar or
a co-registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Registrar or a co-registrar, duly
executed by the Holder thereof or his attorney duly authorized in writing. 
 Any exchange or transfer shall be without charge, except that
the Company may require payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation to a transfer or exchange, but this provision shall not apply to any exchange pursuant to
Section 2.11, 3.6 or 8.5. The Trustee shall not be required to register transfers of Securities of any Series, or to exchange Securities of any Series, for a period of 15 days before the record date for selection for redemption of such
Securities. The Trustee shall not be required to exchange or register transfers of Securities of any Series called or being called for redemption in whole or in part, except the unredeemed portion of such Security being redeemed in part. 

  
 -11- 

Table of Contents

	2.8.	 REPLACEMENT SECURITIES. 

If a mutilated Security is surrendered to the Trustee, or if the Holder of a Security presents evidence to the satisfaction of the Company and
the Trustee that the Security has been lost, destroyed or wrongfully taken, the Company shall issue and the Trustee shall authenticate a replacement Security of the same Series and of like tenor and principal amount and bearing a number not
contemporaneously outstanding. An indemnity bond may be required by the Company or the Trustee that is sufficient in the reasonable judgment of the Company or the Trustee, as the case may be, to protect the Company, the Trustee or any Agent from any
loss which any of them may suffer if a Security is replaced. The Company may charge such Holder for the Company’s out-of-pocket expenses in replacing a Security,
including the fees and expenses of the Trustee. Every replacement Security shall constitute an original additional obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall
be entitled to all the benefits of this Indenture equally and proportionately with any and all other Securities of that Series duly issued hereunder. 
  

	2.9.	 OUTSTANDING SECURITIES. 

Securities outstanding at any time are all Securities authenticated by the Trustee, except for those canceled by it, those delivered to it for
cancellation and those described in this Section 2.9 as not outstanding. 
 If a Security is replaced pursuant to Section 2.8
(other than a mutilated Security surrendered for replacement), it ceases to be outstanding until the Company and the Trustee receive proof satisfactory to each of them that the replaced Security is held by a bona fide purchaser. A mutilated Security
ceases to be outstanding upon surrender of such Security and replacement thereof pursuant to Section 2.8. 
 If a Paying Agent holds on
a Redemption Date or the Stated Maturity money sufficient to pay the principal of, premium, if any, and accrued interest on, Securities payable on that date, and is not prohibited from paying such money to the Holders thereof pursuant to the terms
of this Indenture (PROVIDED, that if such 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), then on and after that date such
Securities cease to be outstanding and interest on them ceases to accrue. 
 A Security does not cease to be outstanding solely because the
Company or an Affiliate holds the Security. 
  

	2.10.	 WHEN TREASURY SECURITIES DISREGARDED; DETERMINATION OF HOLDERS’ ACTION. 

In determining whether the Holders of the required aggregate principal amount of the Securities of any Series have concurred in any direction,
waiver or consent, the Securities of any Series owned by the Company or any other obligor on such Securities, or by any Affiliate of any of them, shall be disregarded, except that for the purposes of determining whether the Trustee shall be
protected in relying on any such direction, waiver or consent, only Securities of such Series which a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. Securities of such Series so owned which have been pledged
in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to the Securities of such Series and that the pledgee is not the Company or any other obligor on the
Securities of such Series, or an Affiliate of any of them. 

  
 -12- 

Table of Contents

	2.11.	 TEMPORARY SECURITIES. 

Until definitive Securities are ready for delivery, the Company may prepare and execute, and, upon receipt of a Company Order, the Trustee
shall authenticate and deliver, temporary Securities. Temporary Securities shall be substantially in the form, and shall carry all rights, of definitive Securities, but may have variations that the Company considers appropriate for temporary
Securities. Without unreasonable delay, the Company shall prepare and execute, and, upon receipt of a Company Order, the Trustee shall authenticate and deliver, definitive Securities in exchange for temporary Securities without charge to the Holder.

  

	2.12.	 CANCELLATION. 

All Securities surrendered for payment, redemption or registration of transfer or exchange, or for credit against any sinking fund payment,
shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee for cancellation. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the
Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold. The
Registrar and the Paying Agent shall forward to the Trustee any Securities surrendered to them for transfer, exchange or payment. The Trustee, at the written direction of the Company, or, at the written direction of the Company, the Registrar or the
Paying Agent (if the Trustee is not serving in those capacities), and no one else, shall cancel and dispose of (subject to the record retention requirements of the Exchange Act and the Trustee) in accordance with its standard procedures, all
Securities surrendered for transfer, exchange, payment or cancellation. If the Company shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the Indebtedness represented by such Securities unless
and until the same are surrendered to the Trustee for cancellation pursuant to this Section 2.12. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section 2.12, except as
expressly permitted by this Indenture. 
  

	2.13.	 PAYMENT OF INTEREST; DEFAULTED INTEREST; COMPUTATION OF INTEREST. 

Except as otherwise provided as contemplated by Section 2.2 with respect to any Series of Securities, interest on any Security which is
payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security is registered at the close of business on the regular record date for such interest, as provided in the Board
Resolution, supplemental indenture hereto or Officers’ Certificate establishing the terms of such Series. 

  
 -13- 

Table of Contents

 If the Company defaults in a payment of interest on the Securities, it shall pay the
defaulted amounts, plus any interest payable on defaulted amounts pursuant to Section 4.1, to the Persons who are Securityholders on a subsequent special record date, which date shall be the 15th day next preceding the date fixed by the Company
for the payment of defaulted interest, or the next succeeding Business Day if such date is not a Business Day. At least 15 days before the special record date, the Company shall mail or cause to be delivered to each Securityholder, with a copy to
the Trustee, a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid. 

Except as otherwise specified as contemplated by Section 2.2 for Securities of any Series, interest on the Securities of each Series
shall be computed on the basis of a 360-day year of twelve 30-day months. 
  

	2.14.	 CUSIP NUMBER. 

The Company in issuing the Securities may use one or more “CUSIP” numbers, and, if the Company does so, the Trustee shall use the
CUSIP number(s) in notices of redemption or exchange as a convenience to Holders, PROVIDED, that any such notice may state that no representation is made as to the correctness or accuracy of the CUSIP number(s) printed in the notice or on the
Securities, and that reliance may be placed only on the other identification numbers printed on the Securities, and that any such redemption or exchange shall not be affected by any defect in or omission of any such numbers. The Company shall
promptly notify the Trustee of any change in the “CUSIP” numbers assigned to the Securities. 
  

	2.15.	 PROVISIONS FOR GLOBAL SECURITIES. 

(a) A Board Resolution, a supplemental indenture hereto or an Officers’ Certificate shall establish whether the Securities of a Series
shall be issued in whole or in part in the form of one or more Global Securities, and the Depository for such Global Securities or Securities. 

(b) Notwithstanding any provisions to the contrary contained in Section 2.7 and in addition thereto, if, and only if the Depository
(i) at any time is unwilling or unable to continue as Depository for such Global Security or ceases to be a clearing agency registered under the Exchange Act and (ii) a successor Depository is not appointed by the Company within 90 days
after the date the Company is so informed in writing or becomes aware of the same, the Company promptly will execute and deliver to the Trustee definitive Securities, and the Trustee, upon receipt of a Company Request for the authentication and
delivery of such definitive Securities (which the Company will promptly execute and deliver to the Trustee) and an Officers’ Certificate to the effect that such Global Security shall be so exchangeable, will authenticate and deliver definitive
Securities, without charge, registered in such names and in such authorized denominations as the Depository shall direct in writing (pursuant to instructions from its direct and indirect participants or otherwise) in an aggregate principal amount
equal to the principal amount of the Global Security with like tenor and terms. Upon the exchange of a Global Security for definitive Securities, such Global Security shall be canceled by the Trustee. Unless and until it is exchanged in whole or in
part for definitive Securities, as provided in this Section 2.15(b), a Global Security may not be transferred except as a whole by the Depository with respect to such Global Security to a nominee of such Depository, by a nominee of such
Depository to such Depository or another nominee of such Depository or by the Depository or any such nominee to a successor Depository or a nominee of such a successor Depository. 

  
 -14- 

Table of Contents

 (c) Any Global Security issued hereunder shall bear a legend in substantially the following
form: 
 “This Security is a Global Security within the meaning of the Indenture hereinafter referred to, and is registered in the name
of the Depository or a nominee of the Depository. This Security is exchangeable for Securities registered in the name of a Person other than the Depository or its nominee only in the limited circumstances described in the Indenture, and may not be
transferred except as a whole by the Depository to a nominee of the Depository, by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of
such a successor Depository.” 
 (d) The Depository, as a Holder, may appoint agents and otherwise authorize participants to give or
take any request, demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under the Indenture. 

(e) Notwithstanding the other provisions of this Indenture, unless otherwise specified as contemplated by Section 2.2, payment of the
principal of, and interest and premium, if any, on, any Global Security shall be made to the Depository or its nominee in its capacity as the Holder thereof. 

(f) Except as provided in Section 2.15(e) above, the Company, the Trustee and any Agent shall treat a Person as the Holder of such
principal amount of outstanding Securities of any Series represented by a Global Security as shall be specified in a written statement of the Depository (which may be in the form of a participants’ list for such Series) with respect to such
Global Security, for purposes of obtaining any consents, declarations, waivers or directions required to be given by the Holders pursuant to this Indenture, PROVIDED, that until the Trustee is so provided with a written statement, it may treat the
Depository or any other Person in whose name a Global Security is registered as the owner of such Global Security for the purpose of receiving payment of the principal of, and any premium and (subject to Section 2.13) any interest on, such
Global Security and for all other purposes whatsoever, and none of the Company, the Trustee or any agent of the Company or the Trustee shall be affected by notice to the contrary. 

 

	2.16.	 PERSONS DEEMED OWNERS. 

Prior to due presentment of a Security for registration of transfer, the Company, the Trustee, the Registrar and any agent of the Company, the
Registrar or the Trustee may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of the principal of, and any premium and (subject to Section 2.13) any interest on, such
Security and for all other purposes whatsoever, and none of the Company, the Trustee, the Registrar or any agent of the Company, the Trustee or the Registrar shall be affected by notice to the contrary. 

  
 -15- 

Table of Contents

 ARTICLE 3. 

REDEMPTION 
  

	3.1.	 NOTICES TO TRUSTEE. 

The Company may, with respect to any Series of Securities, reserve the right to redeem and pay the Series of Securities, or may covenant to
redeem and pay the Series of Securities or any part thereof, prior to the Stated Maturity thereof at such time and on such terms as provided for in such Securities or the related Board Resolution, supplemental indenture or Officers’
Certificate. If a Series of Securities is redeemable and the Company elects to redeem all or part of such Series of Securities, it shall notify the Trustee of the Redemption Date and the principal amount of Securities to be redeemed at least 45 days
(unless a shorter notice shall be satisfactory to the Trustee) before the Redemption Date. Any such notice may be canceled at any time prior to notice of such redemption being mailed to any Holder, and shall thereby be void and of no effect. 

 

	3.2.	 SELECTION BY TRUSTEE OF SECURITIES TO BE REDEEMED. 

Unless otherwise indicated for a particular Series of Securities by a Board Resolution, a supplemental indenture or an Officers’
Certificate, if fewer than all of the Securities of a Series are to be redeemed, the Trustee shall select the Securities of a Series to be redeemed pro rata, by lot or by any other method that the Trustee considers fair and appropriate (unless the
Company specifically directs the Trustee otherwise) subject, in the case of Global Securities, to the applicable rules and procedures of the Depositary and, if such Securities are listed on any securities exchange, by a method that complies with the
requirements of such exchange. 
 The Trustee shall make the selection from Securities of a Series outstanding and not previously called for
redemption, and shall promptly notify the Company in writing of the Securities selected for redemption and, in the case of any Security selected for partial redemption, the principal amount thereof to be redeemed at least 35 but not more than 60
days before the Redemption Date. Securities of a Series in denominations of $1,000 may be redeemed only in whole. The Trustee may select for redemption portions of the principal of Securities of a Series that have denominations larger than $1,000.
Securities of a Series and portions of them it selects shall be in amounts of $1,000 or, with respect to Securities of any Series issuable in other denominations pursuant to Section 2.2(10), the minimum principal denomination for each Series
and integral multiples thereof. Provisions of this Indenture that apply to Securities called for redemption also apply to portions of Securities called for redemption. Notwithstanding the above, the applicable procedures of the Depository regarding
the selection of Securities issued as Global Securities shall govern. 
  

	3.3.	 NOTICE OF REDEMPTION. 

Unless otherwise indicated for a particular Series by Board Resolution, a supplemental indenture hereto or an Officers’ Certificate, at
least 30 days, and no more than 60 days, before a Redemption Date, the Company shall mail, or cause to be mailed, a notice of redemption by first-class mail to each Holder of Securities to be redeemed at his or her last address as the same appears
on the registry books maintained by the Registrar, or, with respect to Securities issued as Global Securities, such notice shall be delivered in accordance with the applicable procedures of the Depository. The notice shall identify the Securities to
be redeemed and shall state: 
 (1) the Redemption Date; 

  
 -16- 

Table of Contents

 (2) the redemption price, and that such redemption price shall become due and payable on the
Redemption Date; 
 (3) if any Security of a Series is being redeemed in part, the portion of the principal amount of such Security of a
Series to be redeemed and that, after the Redemption Date and upon surrender of such Security of a Series, a new Security or Securities in principal amount equal to the unredeemed portion will be issued; 

(4) the name and address of the Paying Agent; 

(5) that Securities of a Series called for redemption must be surrendered to the Paying Agent to collect the redemption price, and the place
or places where each such Security is to be surrendered for such payment; 
 (6) that, unless the Company defaults in making the redemption
payment, interest on the Securities of a Series called for redemption ceases to accrue on the Redemption Date, and the only remaining right of the Holders of such Securities is to receive payment of the redemption price upon surrender to the Paying
Agent of the Securities redeemed; 
 (7) if fewer than all of the Securities of a Series are to be redeemed, the identification of the
particular Securities of a Series (or portion thereof) to be redeemed, as well as the aggregate principal amount of Securities of a Series to be redeemed and the aggregate principal amount of Securities of a Series to be outstanding after such
partial redemption. 
 (8) the CUSIP number, if any, printed on the Securities being redeemed; and 

(9) that no representation is made as to the correctness or accuracy of the CUSIP number, if any, listed in such notice or printed on the
Securities. 
 At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name and at the
Company’s sole expense; provided, however, that the Company has delivered to the Trustee prior to the notice date, an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such
notice and the form of such notice. 
  

	3.4.	 EFFECT OF NOTICE OF REDEMPTION. 

Once the notice of redemption described in Section 3.3 is delivered, Securities of a Series called for redemption become due and payable
on the Redemption Date and at the redemption price, plus interest, if any, accrued to the Redemption Date. Upon surrender to the Trustee or Paying Agent, such Securities of a Series shall be paid at the redemption price, plus accrued interest, if
any, to the Redemption Date; PROVIDED, that if the Redemption Date is after a regular interest payment record date and on or prior to the next Interest Payment Date, the accrued interest shall be payable to the Holder of the redeemed Securities
registered on the relevant record date, as specified by the Company in the notice to the Trustee pursuant to Section 3.1. 

  
 -17- 

Table of Contents

	3.5.	 DEPOSIT OF REDEMPTION PRICE. 

On or prior to the Redemption Date (but no later than 11:00 A.M. Eastern Time on such date), the Company shall deposit with the Paying Agent
money sufficient to pay the redemption price of and accrued interest, if any, on all Securities to be redeemed on that date other than Securities or portions thereof called for redemption on that date which have been delivered by the Company to the
Trustee for cancellation. 
 On and after any Redemption Date, if money sufficient to pay the redemption price of, and accrued interest on,
Securities called for redemption shall have been made available in accordance with the preceding paragraph and the Company and the Paying Agent are not prohibited from paying such moneys to Holders, the Securities called for redemption will cease to
accrue interest and the only right of the Holders of such Securities will be to receive payment of the redemption price of and, subject to the proviso in Section 3.4, accrued and unpaid interest on such Securities to the Redemption Date. If any
Security called for redemption shall not be so paid, interest will be paid, from the Redemption Date until such redemption payment is made, on the unpaid principal of the Security and any interest or premium, if any, not paid on such unpaid
principal, in each case, at the rate and in the manner provided in the Securities. 
  

	3.6.	 SECURITIES REDEEMED IN PART. 

Upon surrender of a Security of a Series that is redeemed in part, the Company shall execute, and the Trustee shall authenticate, for a Holder
a new Security of the same Series equal in principal amount to the unredeemed portion of the Security surrendered. 
 ARTICLE 4. 

COVENANTS 
  

	4.1.	 PAYMENT OF SECURITIES. 

The Company shall pay the principal of, and interest and premium, if any, on, each Series of Securities on the dates and in the manner provided
in such Securities and this Indenture. 
 An installment of principal or interest shall be considered paid on the date it is due if the
Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment and is not prohibited from paying such money to the Holders pursuant to the terms of this Indenture or otherwise. 

The Company shall pay interest on overdue principal, and overdue interest, to the extent lawful, at the rate specified in the Series of
Securities. 

  
 -18- 

Table of Contents

	4.2.	 SEC REPORTS. 

The Company will deliver to the Trustee within 15 days after the filing of the same with the SEC, copies of the quarterly and annual reports
and of the information, documents and other reports, if any, which the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act; PROVIDED, HOWEVER, that each such report or document will be deemed to be so
delivered to the Trustee if the Company files such report or document with the SEC through the SEC’s EDGAR database no later than the time such report or document is required to be filed with the SEC pursuant to the Exchange Act.
Notwithstanding that the Company may not be subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, the Company will file with the SEC, to the extent permitted, and provide the Trustee with, such quarterly and annual
reports and such information, documents and other reports specified in Sections 13 and 15(d) of the Exchange Act. The Company will also comply with the other provisions of TIA Section 314(a). 

Delivery of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such
shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to
rely exclusively on Officers’ Certificates). The Trustee shall have no liability whatsoever to determine whether any financial information has been filed or posted on the EDGAR system (or any successor electronic delivery procedure) or have any
duty to monitor or determine whether the Company has delivered the reports described under this Section 4.2 or otherwise complied with its obligation under this Section 4.2. 

 

	4.3.	 WAIVER OF STAY, EXTENSION OR USURY LAWS. 

The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead (as a defense or otherwise)
or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension, usury or other law which would prohibit or forgive the Company from paying all or any portion of the principal of, and/or interest and premium, if any, on,
the Securities as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture; and the Company hereby expressly waives (to the extent that they may lawfully do
so) all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had
been enacted. 
  

	4.4.	 COMPLIANCE CERTIFICATE. 

(a) The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year of the Company during which any Securities were
outstanding, an Officers’ Certificate which complies with TIA Section 314(a)(4) stating that a review of the activities of the Company and its Subsidiaries during such fiscal year has been made under the supervision of the signing Officers
with a view to determining whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge the
Company has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and that there is no default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or Event of
Default shall have occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Company is taking or proposes to take with respect thereto) and that to the best of his or her knowledge no
event has occurred and remains in existence by reason of which payments on account of the principal of, or interest or premium, if any, on, the Securities is prohibited, or if such event has occurred, a description of the event and what action the
Company is taking or proposes to take with respect thereto. 

  
 -19- 

Table of Contents

 (b) (i) If any Default or Event of Default has occurred and is continuing or (ii) if
any Holder seeks to exercise any remedy hereunder with respect to a claimed Default under this Indenture or the Securities, within ten Business Days after the Company becoming aware of such occurrence the Company shall deliver to the Trustee an
Officers’ Certificate specifying such event, notice or other action and what action the Company is taking or proposes to take with respect thereto. 
  

	4.5.	 CORPORATE EXISTENCE. 

Subject to ARTICLE 5, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate
existence, in accordance with the organizational documents (as the same may be amended from time to time) of the Company and the rights (charter and statutory), licenses and franchises of the Company; PROVIDED, HOWEVER, that the Company shall not be
required to preserve any such right, license or franchise, or its corporate existence, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss
thereof is not adverse in any material respect to the Holders. 
 ARTICLE 5. 

SUCCESSOR CORPORATION 
  

	5.1.	 LIMITATION ON CONSOLIDATION, MERGER AND SALE OF ASSETS. 

(a) The Company will not, in any transaction or series of transactions, merge or consolidate with or into, or sell, assign, convey, transfer,
lease or otherwise dispose of all or substantially all of its properties and assets (as an entirety or substantially as an entirety in one transaction or a series of related transactions), to any Person or Persons, unless at the time of and after
giving effect thereto (i) either (A) if the transaction or series of transactions is a merger or consolidation, the Company shall be the surviving Person of such merger or consolidation, or (B) the Person formed by such consolidation or
into which the Company is merged or to which the properties and assets of the Company are transferred (any such surviving Person or transferee Person being the “Surviving Entity”) shall be a corporation or entity treated as a corporation
for U.S. federal income tax purposes organized and existing under the laws of the United States of America, any state thereof or the District of Columbia, or a corporation or comparable legal entity treated as a corporation for U.S. federal income
tax purposes organized under the laws of a foreign jurisdiction and shall expressly assume by a supplemental indenture executed and delivered to the Trustee, in form reasonably satisfactory to the Trustee, all of the obligations of the Company
(including, without limitation, the obligation to pay the principal of, and premium and interest, if any, on, the Securities and the performance of the other covenants) under the Securities of each Series and this Indenture, and in each case, this
Indenture shall remain in full force and effect; and (ii) immediately before and immediately after giving effect to such transaction or series of transactions on a pro forma basis (including, without limitation, any Indebtedness incurred or
anticipated to be incurred in connection with or in respect of such transaction or series of transactions), no Default or Event of Default shall have occurred and be continuing. 

  
 -20- 

Table of Contents

 (b) In connection with any consolidation, merger or transfer of assets contemplated by this
Section 5.1, the Company shall deliver, or cause to be delivered, to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger or transfer, and the supplemental indenture in respect
thereto, comply with this Section 5.1, and that all conditions precedent herein provided for relating to such transaction or transactions have been complied with. 
  

	5.2.	 SUCCESSOR PERSON SUBSTITUTED. 

Upon any consolidation, merger or transfer of all or substantially all of the assets of the Company in accordance with Section 5.1 above,
the successor corporation formed by such consolidation, or into which the Company is merged or to which such transfer is made, shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with
the same effect as if such successor corporation had been named as the Company herein, and thereafter (except with respect to any such transfer which is a lease) the predecessor corporation shall be relieved of all obligations and covenants under
this Indenture and the Securities. 
 ARTICLE 6. 

DEFAULTS AND REMEDIES 
  

	6.1.	 EVENTS OF DEFAULT. 

“Events of Default,” wherever used herein with respect to Securities of any Series, means any one of the following events, unless in
the establishing Board Resolution, supplemental indenture or Officers’ Certificate, it is provided that such Series shall not have the benefit of said Event of Default: 

(1) there is a default in the payment of any principal of, or premium, if any, on, the Securities when the same becomes due and payable at
Maturity, upon acceleration, redemption or otherwise; 
 (2) there is a default in the payment of any interest on any Security of a Series
when the same becomes due and payable, and the Default continues for a period of 30 days; 
 (3) the Company defaults in the observance or
performance of any other covenant in the Securities of a Series or in this Indenture for 60 days after written notice from the Trustee or the Holders of not less than 25% in the aggregate principal amount of the Securities of such Series then
outstanding, which notice must specify the Default, demand that it be remedied and state that the notice is a “Notice of Default”; 

  
 -21- 

Table of Contents

 (4) the Company or any Significant Subsidiary pursuant to or within the meaning of any
Bankruptcy Law: 
  

	 	(A)	 commences a voluntary case, 

 

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

 

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

  

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

 

	 	(E)	 generally is not paying its debts as they become due; 

(5) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

 

	 	(A)	 is for relief against the Company or any Significant Subsidiary in an involuntary case; 

 

	 	(B)	 appoints a Custodian of the Company or any Significant Subsidiary, or for all or substantially all of the
property of the Company or any Significant Subsidiary; or 

  

	 	(C)	 orders the liquidation of the Company or any Significant Subsidiary, and the order or decree remains unstayed
and in effect for 90 consecutive days; or 

 (6) any other Event of Default provided with respect to Securities of that
Series, which is specified in a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate, in accordance with Section 2.2(19). 

The term “Bankruptcy Law” means Title 11, U.S. Code, or any similar federal or state law for the relief of debtors. The term
“Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 
 The Trustee may
withhold notice of any Default (except in the payment of the principal of, or interest or premium, if any, on, the Securities) to the Holders of the Securities of any Series in accordance with Section 7.5. When a Default is cured, it ceases to
exist. 
 The Trustee shall not be charged with knowledge of any Event of Default unless written notice thereof shall have been actually
received by a Responsible Officer at the Corporate Trust Office of the Trustee from the Company, a Paying Agent, any Holder or any agent of any Holder. 

  
 -22- 

Table of Contents

	6.2.	 ACCELERATION. 

If an Event of Default with respect to Securities of any Series at the time outstanding (other than an Event of Default arising under
Section 6.1(4) or (5)) occurs and is continuing, the Trustee by written notice to the Company, or the Holders of not less than 25% in aggregate principal amount of the Securities of that Series then outstanding by written notice to the Company
and the Trustee, may declare that the entire principal amount of all the Securities of that Series then outstanding plus accrued and unpaid interest to the date of acceleration are immediately due and payable, in which case such amounts shall become
immediately due and payable; PROVIDED, HOWEVER, that after such acceleration but before a judgment or decree based on such acceleration is obtained by the Trustee, the Holders of a majority in aggregate principal amount of the outstanding Securities
of that Series may rescind and annul such acceleration and its consequences if (i) all existing Events of Default, other than the nonpayment of accelerated principal, interest or premium, if any, that has become due solely because of the
acceleration, have been cured or waived, (ii) to the extent the payment of such interest is lawful, interest on overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has
been paid and (iii) the rescission would not conflict with any judgment or decree. No such rescission shall affect any subsequent Default or impair any right consequent thereto. In case an Event of Default specified in Section 6.1(4) or
(5) with respect to the Company occurs, such principal, premium, if any, and interest amount with respect to all of the Securities of that Series shall be due and payable immediately without any declaration or other act on the part of the
Trustee or the Holders of the Securities of that Series. 
  

	6.3.	 REMEDIES. 

If an Event of Default with respect to Securities of any Series at the time outstanding occurs and is continuing, the Trustee may, but shall
not be obligated to, pursue any available remedy by proceeding at law or in equity to collect the payment of the principal of, or interest and premium, if any, on, the Securities of that Series, or to enforce the performance of any provision of the
Securities of that Series or this Indenture. 
 The Trustee may maintain a proceeding even if it does not possess any of the Securities of
that Series or does not produce any of them in the proceeding. A delay or omission by the Trustee or any Securityholder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver
of or acquiescence in the Event of Default. No remedy is exclusive of any other remedy. All available remedies are cumulative to the extent permitted by law. 
  

	6.4.	 WAIVER OF PAST DEFAULTS AND EVENTS OF DEFAULT. 

Subject to Sections 6.2, 6.7 and 8.2, the Holders of a majority in principal amount of the Securities of any Series then outstanding by written
notice to the Trustee have the right to waive any existing Default or Event of Default with respect to such Series or compliance with any provision of this Indenture (with respect to such Series) or the Securities of such Series. Upon any such
waiver, such Default with respect to such Series shall cease to exist, and any Event of Default with respect to such Series arising therefrom shall be deemed to have been cured for 

  
 -23- 

Table of Contents

 
every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereto. This Section 6.4 shall be in
lieu of TIA Section 316(a)(1)(B), and TIA Section 316(a)(1)(B) is hereby expressly excluded from this Indenture and Section as permitted by the TIA. 
  

	6.5.	 CONTROL BY MAJORITY. 

Subject to Sections 6.2, 6.7 and 8.2, the Holders of a majority in principal amount of the Securities of any Series then outstanding may 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 by this Indenture with respect to such Series. The Trustee, however, may refuse to follow any
direction that conflicts with law or this Indenture, or that the Trustee determines, in its sole discretion, may be unduly prejudicial to the rights of another Securityholder or the Trustee, or that may involve the Trustee in personal liability;
PROVIDED, that the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction. This Section 6.5 shall be in lieu of TIA Section 316(a)(1)(A), and TIA Section 316(a)(1)(A) is hereby
expressly excluded from this Indenture and Section as permitted by the TIA. 
  

	6.6.	 LIMITATION ON SUITS. 

Subject to Section 6.7, a Securityholder may not institute any proceeding or pursue any remedy with respect to this Indenture or the
Securities of a Series unless: 
 (1) the Holder gives to the Trustee written notice of a continuing Event of Default with respect to the
Securities of that Series; 
 (2) the Holders of at least 25% in aggregate principal amount of the Securities of such Series then
outstanding make a written request to the Trustee to pursue the remedy; 
 (3) such Holder or Holders offer to the Trustee indemnity
satisfactory to the Trustee against any loss, liability or expense to be incurred in compliance with such request; 
 (4) the Trustee does
not comply with the request within 60 days after receipt of the request and the offer of indemnity; and 
 (5) no direction inconsistent
with such written request has been given to the Trustee during such 60-day period by the Holders of a majority in aggregate principal amount of the Securities of such Series then outstanding. 

A Securityholder may not use this Indenture to prejudice the rights of another Securityholder, or to obtain a preference or priority over
another Securityholder. 
  

	6.7.	 RIGHTS OF HOLDERS TO RECEIVE PAYMENT. 

Notwithstanding any other provision of this Indenture, the right of any Holder of a Security of a Series to receive payment of the principal
of, and interest and premium, if any, on, the Security of such Series on or after the respective due dates expressed in the Security of such Series, or to bring suit for the enforcement of any such payment on or after such respective dates, is
absolute and unconditional, and shall not be impaired or affected without the consent of the Holder. 

  
 -24- 

Table of Contents

	6.8.	 COLLECTION SUIT BY TRUSTEE. 

If an Event of Default in payment of principal, interest or premium, if any, specified in Section 6.1(1) or (2) with respect to
Securities of any Series at the time outstanding occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company (or any other obligor on the Securities of that Series) for the whole
amount of unpaid principal and premium, if any, and accrued interest remaining unpaid, together with interest on overdue principal and premium, if any, and, to the extent that payment of such interest is lawful, interest on overdue installments of
interest, in each case at the rate then borne by the Securities of that Series, and such further amounts as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and
advances of the Trustee, its agents and counsel, as set forth in Section 7.7. 
  

	6.9.	 TRUSTEE MAY FILE PROOFS OF CLAIM. 

The Trustee may file such proofs of claim and other papers or documents, and take other actions (including sitting on a committee of
creditors), as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Securityholders
allowed in any judicial proceedings relative to the Company (or any other obligor on the Securities), any of their respective creditors or any of their respective property, and the Trustee shall be entitled and empowered to collect and receive any
monies or other property payable or deliverable on any such claims, and to distribute the same after deduction of its charges and expenses to the extent that any such charges and expenses are not paid out of the estate in any such proceedings, and
any custodian in any such judicial proceeding is hereby authorized by each Securityholder to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Securityholders, to pay to
the Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.7, and to the extent that such payment of
reasonable compensation, expenses, disbursements and advances in any such proceedings shall be denied for any reason, payment of the same shall be secured by a lien on, and shall be paid out of, any and all distributions, dividends, money,
securities and other property which the Holders may be entitled to receive in such proceedings, whether in liquidation or under any plan of reorganization or arrangement or otherwise. 

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

  
 -25- 

Table of Contents

	6.10.	 PRIORITIES. 

If the Trustee collects any money pursuant to this ARTICLE 6, it shall pay out the money in the following order: 

FIRST: to the Trustee for amounts due under Section 7.7; 

SECOND: to Securityholders for amounts then due and unpaid for the principal of, and interest and premium, if any, on, the Securities in
respect of which, or for the benefit of which, such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities; for principal and any premium and interest, respectively;
and 
 THIRD: to the Company or such party as a court of competent jurisdiction shall direct. 

The Trustee may fix a record date and payment date for any payment to Securityholders pursuant to this Section 6.10. 

 

	6.11.	 UNDERTAKING FOR COSTS. 

In any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted
by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’
fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder pursuant to
Section 6.7 or a suit by Holders of more than 10% in principal amount of the Securities of a Series then outstanding. 
 ARTICLE 7.

 TRUSTEE 
  

	7.1.	 DUTIES OF TRUSTEE. 

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

(b) Except during the continuance of an Event of Default: 

(1) The duties of the Trustee shall be determined solely by the express provisions of this Indenture and the Trustee need perform only those
duties that are specifically set forth in this Indenture and no others, and no covenants or obligations shall be implied in this Indenture against the Trustee. 

  
 -26- 

Table of Contents

 (2) In the absence of bad faith on its part, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture, but, in the case of any such certificates or opinions which
by any 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 may not be relieved from liability for its own negligent action, its own negligent failure to act or its own willful
misconduct, except that: 
 (1) This paragraph does not limit the effect of paragraph (b) of this Section 7.1. 

(2) The Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved that the
Trustee was negligent in ascertaining the pertinent facts. 
 (3) The Trustee shall not be liable with respect to any action it takes or
omits to take in good faith in accordance with a direction received by it pursuant to Sections 6.2 and 6.5. 
 (d) No provision of this
Indenture shall require the Trustee to expend or risk its own funds, or otherwise incur any liability, including any financial liability, in the performance of any of its rights or powers if it shall have reasonable grounds for believing that
repayment of such funds or adequate indemnity satisfactory to it against such risk or liability is not reasonably assured to it. The Trustee shall be under no obligation to exercise any of the rights or power vested in it by this Indenture at the
request or direction of any of the Holder pursuant to this Indenture, unless such Holders shall have offered to the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities that might be incurred by it in compliance
with such request or direction. 
 (e) Whether or not therein expressly so provided, paragraphs (a), (b), (c) and (d) of this
Section 7.1 shall govern every provision of this Indenture that in any way relates to the Trustee. 
 (f) The Trustee and Paying Agent
shall not be liable for interest on any money received by either of them, except as the Trustee and Paying Agent may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent
required by the law. 
 (g) The Paying Agent, the Registrar and any authenticating agent shall be entitled to the protections, immunities
and standard of care set forth in paragraphs (a), (b), (c), (d) and (f) of this Section 7.1 and in Section 7.2 with respect to the Trustee. 

(h) The Trustee shall not be required to give any bond or surety in respect of the performance of its powers or duties hereunder. 

  
 -27- 

Table of Contents

	7.2.	 RIGHTS OF TRUSTEE. 

(a) Subject to Section 7.1: 

(1) The Trustee may conclusively rely on, and shall be protected in acting or refraining from acting upon, any document y believed by it to be
genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document. 

(2) Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel, or both, which
shall conform to the provisions of Section 10.5. The Trustee shall be protected and shall not be liable for any action it takes or omits to take in good faith in reliance on such certificate or opinion. 

(3) The Trustee may act through agents and attorneys, and shall not be responsible for the misconduct or negligence of any agent appointed by
it with due care. 
 (4) The Trustee shall not be liable for any action it takes or omits to take in good faith which it reasonably believes
to be authorized or within its rights or powers. 
 (5) The Trustee may consult with counsel of its selection, and the advice or opinion of
such counsel as to matters of law shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by it hereunder in good faith and in accordance with the advice or opinion of such counsel.

 (6) 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 pursuant to the provisions of this Indenture, unless such Holders shall have provided to the Trustee security or indemnity against the costs, expenses and liabilities which may be incurred therein or thereby. 

(7) The Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document. 

(8) The Trustee shall not be deemed to have knowledge of any fact or matter (including, without limitation, a Default or Event of Default)
unless such fact or matter is known to a Responsible Officer of the Trustee. 
 (9) The rights, privileges, protection, immunities and
benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and to each agent, custodian and other person employed to act
hereunder. 
 (10) Unless otherwise expressly provided herein or in the Securities of a Series or the related Board Resolution, supplemental
indenture or Officers’ Certificate, the Trustee shall not have any responsibility with respect to reports, notices, certificates or other documents filed with it hereunder, except to make them available for inspection, at reasonable times, by
Securityholders, it being understood that delivery of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information
contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (except as set forth in Section 4.4). 

  
 -28- 

Table of Contents

 (11) The Trustee may request that the Company deliver an Officers’ Certificate setting
forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any Person authorized to sign an Officers’ Certificate,
including any Person specified as so authorized in any such certificate previously delivered and not superseded. 
 (12) In no event shall
the Trustee be responsible or liable for special, punitive, indirect or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit), irrespective of whether the Trustee has been advised of the likelihood of
such loss or damage and regardless of the form of action. 
  

	7.3.	 INDIVIDUAL RIGHTS OF TRUSTEE. 

The Trustee in its individual or any other capacity may become the owner or pledgee of Securities, and may make loans to, accept deposits from,
perform services for or otherwise deal with the Company, or any Affiliate thereof, with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee, however, shall be subject to Sections 7.10 and
7.11. 
  

	7.4.	 TRUSTEE’S DISCLAIMER. 

The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or the Securities (except
that the Trustee represents that it is duly authorized to execute and deliver this Indenture and authenticate the Securities and perform its obligations hereunder), and the Trustee shall not be accountable for the Company’s use of the proceeds
from the sale of Securities or any money paid to the Company or upon the Company’s direction pursuant to the terms of this Indenture, and the Trustee shall not be responsible for any statement or recital herein or any statement in the
Securities or any other document in connection with the sale of the Securities or pursuant to this Indenture other than its certificates of authentication. 
  

	7.5.	 NOTICE OF DEFAULT. 

If a Default or an Event of Default occurs and is continuing with respect to the Securities of any Series, and if it is known to as Responsible
Officer of the Trustee, the Trustee shall deliver to each Securityholder of the Securities of that Series notice of the Default or the Event of Default, as the case may be, within 90 days after it occurs or, if later, after a Responsible Officer of
the Trustee has knowledge of such Default or Event of Default (except if such Default or Event of Default has been validly cured or waived before the giving of such notice). Except in the case of a Default or an Event of Default in payment of the
principal of, or interest or premium, if any, on, any Security of any Series, the Trustee may withhold the notice if and so long as it determines that withholding the notice is in the interests of the Securityholders of that Series. 

  
 -29- 

Table of Contents

	7.6.	 REPORTS BY TRUSTEE TO HOLDERS. 

If and to the extent required by the TIA, within 60 days after May 15 of each year, commencing the May 15 following the date of this
Indenture, the Trustee shall deliver to each Securityholder a brief report dated as of such May 15 that complies with TIA Section 313(a). The Trustee also shall comply with TIA Sections 313(b) and 313(c). 

A copy of each report at the time of its delivery to Securityholders shall be filed with the SEC and any stock exchange on which the
Securities of that Series are listed. The Company shall promptly notify the Trustee when the Securities of any Series are listed on any stock exchange or any delisting thereof, and the Trustee shall comply with TIA Section 313(d). 

 

	7.7.	 COMPENSATION AND INDEMNITY. 

The Company shall pay to the Trustee from time to time reasonable compensation for its services. The Trustee’s compensation shall not be
limited by any provision of law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee within 45 days after receipt of request for all reasonable disbursements, expenses and advances incurred or made by it in
connection with its duties under this Indenture, including the reasonable compensation, disbursements and expenses of the Trustee’s agents and counsel. 

The Company shall indemnify the Trustee, its officers, directors, employees and agents for, and hold them harmless against, any and all
losses, liabilities, damages, claims or expense (including taxes, other than taxes based upon, measured by or determined by the income of the Trustee) incurred by it or arising out of or in connection with the acceptance or administration of its
duties under this Indenture including the costs and expenses of enforcing this Indenture against the Company (including this Section 7.7) and defending itself against any claim (whether asserted by the Company or any Holder or any other Person)
or liability in connection with the exercise or performance of any of its powers or duties hereunder. The Trustee, upon receiving written notice thereof, shall notify the Company promptly of any claim asserted against the Trustee for which it may
seek indemnity. 
 The failure by the Trustee to so notify the Company shall not however relieve the Company of its obligations hereunder.
The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made
without its written consent, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, the Company need not reimburse the Trustee for any expense or indemnify it against any loss or liability incurred by the Trustee through
its negligence or bad faith as established by a final, non-appealable order of a court of competent jurisdiction. To secure the payment obligations of the Company in this Section 7.7, the Trustee shall
have a lien prior to the Securities of any Series on all money or property held or collected by the Trustee except such money or property held in trust to pay the principal of, interest and premium, if any, on particular Securities of that Series.

  
 -30- 

Table of Contents

 When the Trustee incurs expenses or renders services after an Event of Default specified in
Section 6.1(4) or (5) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law. 

For purposes of this Section 7.7, the term “Trustee” shall include any trustee appointed pursuant to this ARTICLE 7. 

The obligations of the Company under this Section 7.7 shall survive the termination or satisfaction and discharge of this Indenture or
the resignation or removal of the Trustee for any reason. 
  

	7.8.	 REPLACEMENT OF TRUSTEE. 

The Trustee may resign with respect to the Securities of one or more Series by so notifying the Company in writing at least 90 days in advance
of such resignation. 
 The Holders of a majority in principal amount of the outstanding Securities of any Series may remove the Trustee
with respect to that Series by notifying the removed Trustee in writing and may appoint a successor Trustee with respect to that Series with the consent of the Company, which consent shall not be unreasonably withheld. The Company may remove the
Trustee with respect to that Series at its election if: 
 (1) the Trustee fails to comply with, or ceases to be eligible under,
Section 7.10; 
 (2) the Trustee is adjudged a bankrupt or an insolvent, or an order for relief is entered with respect to the Trustee,
under any Bankruptcy Law; 
 (3) a Custodian 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 or is removed, or if a vacancy exists in the office of Trustee, with respect to any Series of Securities for any
reason, the Company shall promptly appoint, by Board Resolution, a successor Trustee. 
 If a successor Trustee with respect to the
Securities of one or more Series does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Company or the Holders of at least 10% in principal amount of the outstanding Securities of the
applicable Series may petition any court of competent jurisdiction for the appointment of a successor Trustee. 
 If the Trustee with
respect to the Securities of one or more Series fails to comply with Section 7.10, any Securityholder of the applicable Series may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor
Trustee. 

  
 -31- 

Table of Contents

 A successor Trustee shall deliver a written acceptance of its appointment to the retiring
Trustee and to the Company. Immediately following such delivery, (i) the retiring Trustee with respect to one or more Series shall, subject to its rights under Section 7.7, transfer all property held by it as Trustee with respect to such
Series to the successor Trustee, (ii) the resignation or removal of the retiring Trustee shall become effective and (iii) the successor Trustee with respect to such Series shall have all the rights, powers and duties of the Trustee under
this Indenture. A successor Trustee with respect to the Securities of one or more Series shall mail notice of its succession to each Securityholder of such Series. 

A retiring Trustee shall not be liable for the acts or omissions of any successor Trustee after its succession. 

Notwithstanding replacement of the Trustee pursuant to this section 7.8, the Company’s obligations under Section 7.7 shall continue
for the benefit of the retiring Trustee. 
  

	7.9.	 SUCCESSOR TRUSTEE BY CONSOLIDATION, MERGER OR CONVERSION. 

Any organization or entity into which the Trustee may be merged or converted or with which it may be consolidated, or any organization or
entity resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any organization or entity succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the
Trustee hereunder, provided such organization or entity shall be otherwise qualified and eligible under this Article 7, without the execution or filing of any paper or any further act on the part of any of the parties hereto. 

 

	7.10.	 ELIGIBILITY; DISQUALIFICATION. 

This Indenture shall always have a Trustee who satisfies the requirements of TIA Sections 310(a)(1), (2) and (5) in every respect. The
Trustee (or in the case of a Trustee that is a Person included in a bank holding company system, the related bank holding company) shall have a combined capital and surplus of at least $100,000,000 as set forth in its most recent published annual
report of condition. The Trustee shall comply with TIA Section 310(b), including the provision in Section 310(b)(1). In addition, if the Trustee is a Person included in a bank holding company system, the Trustee, independently of such bank
holding company, shall meet the capital requirements of TIA Section 310(a)(2). If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section 7.10, it shall resign immediately in the manner and with
the effect specified in this ARTICLE 7. 
  

	7.11.	 PREFERENTIAL COLLECTION OF CLAIMS AGAINST COMPANY. 

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

  
 -32- 

Table of Contents

	7.12.	 PAYING AGENTS. 

The Company shall cause each Paying Agent other than the Trustee to execute and deliver to it and the Trustee an instrument in which such agent
shall agree with the Trustee, subject to the provisions of this Section 7.12: 
 (1) that it will hold all sums held by it as agent for
the payment of the principal of, or interest or premium, if any, on, the Securities (whether such sums have been paid to it by the Company or by any obligor on the Securities) in trust for the benefit of Holders of the Securities or the Trustee;

 (2) that it will at any time during the continuance of any Event of Default, upon written request from the Trustee, deliver to the
Trustee all sums so held in trust by it together with a full accounting thereof; and 
 (3) that it will give the Trustee written notice
within three Business Days after any failure of the Company (or by any obligor on the Securities) in the payment of any installment of the principal of, or interest or premium, if any, on, the Securities when the same shall be due and payable. 

ARTICLE 8. 
 AMENDMENTS,
SUPPLEMENTS AND WAIVERS 
  

	8.1.	 WITHOUT CONSENT OF HOLDERS. 

The Company, when authorized by a Board Resolution, and the Trustee may amend or supplement this Indenture or the Securities of one or more
Series without notice to or consent of any Securityholder: 
 (1) to comply with Section 5.1; 

(2) to provide for certificated Securities in addition to uncertificated Securities; 

(3) to comply with any requirements of the SEC under the TIA; 

(4) to cure any mistake, ambiguity, defect or inconsistency, or to make any other change herein or in the Securities that does not materially
and adversely affect the rights of any Securityholder; 
 (5) to provide for the issuance of, and establish the form and terms and
conditions of, Securities of any Series as permitted by this Indenture; or 
 (6) to evidence and provide for the acceptance of appointment
hereunder by a successor Trustee with respect to the Securities of one or more Series, and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by
more than one Trustee. 
 The Trustee is hereby authorized to join with the Company in the execution of any supplemental indenture
authorized or permitted by the terms of this Indenture, and to make any further appropriate agreements and stipulations which may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture which
adversely affects its own rights, duties or immunities under this Indenture. 

  
 -33- 

Table of Contents

	8.2.	 WITH CONSENT OF HOLDERS. 

(a) The Company, when authorized by a Board Resolution, and the Trustee may amend or supplement this Indenture or the Securities of one or more
Series with the written consent of the Holders of not less than a majority in aggregate principal amount of the outstanding Securities of such Series affected by such amendment or supplement without notice to any Securityholder. The Holders of not
less than a majority in aggregate principal amount of the outstanding Securities of each such Series affected by such amendment or supplement may waive compliance by the Company in a particular instance with any provision of this Indenture or the
Securities of such Series without notice to any Securityholder. Subject to Section 8.4, without the consent of each Securityholder affected, however, an amendment, supplement or waiver may not: 

(1) reduce the amount of Securities whose Holders must consent to an amendment, supplement or waiver to this Indenture or the Securities; 

(2) reduce the rate of, or change the time for payment of, interest on any Security; 

(3) reduce the principal, or change the Stated Maturity, of any Security, or reduce the amount of, or postpone the date fixed for, the payment
of any sinking fund or analogous obligation; 
 (4) make any Security payable in money other than that stated in the Security; 

(5) change the amount or time of any payment required by the Securities, or reduce the premium payable upon any redemption of the Securities,
or change the time before which no such redemption may be made; 
 (6) waive a Default or Event of Default in the payment of the principal
of, or interest or premium, if any, on, any Security (except a rescission of acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the
payment default that resulted from such acceleration); 
 (7) waive a redemption payment with respect to any Security, or change any of the
provisions with respect to the redemption of any Securities; 
 (8) make any changes in Section 6.6 or this Section 8.2, except to
increase any percentage of Securities the Holders of which must consent to any matter; or 
 (9) take any other action otherwise prohibited
by this Indenture to be taken without the consent of each Holder affected thereby. 
 (b) Upon the request of the Company, accompanied by a
Board Resolution authorizing the execution of any such supplemental indenture, and upon the receipt by the Trustee of evidence reasonably satisfactory to the Trustee of the consent of the Securityholders as aforesaid and of the documents described
in Section 8.6, 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, in which case the
Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture. 

  
 -34- 

Table of Contents

 (c) It shall not be necessary for the consent of the Holders under this section to approve
the particular form of any proposed amendment, supplement or waiver, but it shall be sufficient if such consent approves the substance thereof. 

After an amendment or supplement under this Section becomes effective, the Company shall mail to Securityholders a notice briefly describing
the amendment or supplement. Any failure of the Company to mail any such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any supplemental indenture. 

 

	8.3.	 COMPLIANCE WITH TRUST INDENTURE ACT. 

Every amendment to, or supplement of, this Indenture or the Securities shall comply with the TIA as then in effect. 

 

	8.4.	 REVOCATION AND EFFECT OF CONSENTS. 

Until an amendment, supplement, waiver or other action becomes effective, a consent to it by a Holder of a Security is a continuing consent
conclusive and binding upon such Holder and every subsequent Holder of the same Security or portion thereof, and of any Security issued upon the transfer thereof or in exchange therefor or in place thereof, even if notation of the consent is not
made on any such Security. Any such Holder or subsequent Holder, however, may revoke the consent as to his Security or portion of a Security, if the Trustee receives the notice of revocation before the date the amendment, supplement, waiver or other
action becomes effective. 
 The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders
entitled to consent to any amendment, supplement or waiver, which record date shall be at least 30 days prior to the first solicitation of such consent. If a record date is fixed, then, notwithstanding the preceding paragraph, those Persons who were
Holders at such record date (or their duly designated proxies), and only such Persons, shall be entitled to consent to such amendment, supplement or waiver, or to revoke any consent previously given, whether or not such Persons continue to be
Holders after such record date. 
 After an amendment, supplement, waiver or other action becomes effective, it shall bind every
Securityholder, unless it makes a change described in any of clauses (1) through (9) of Section 8.2. In that case, the amendment, supplement, waiver or other action shall bind each Holder of a Security who has consented to it and every
subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security; PROVIDED, that any such waiver shall not impair or affect the right of any Holder to receive payment of the principal of,
and interest and premium, if any, on, a Security, on or after the respective due dates expressed in such Security, or to bring suit for the enforcement of any such payment on or after such respective dates without the consent of such Holder. 

  
 -35- 

Table of Contents

	8.5.	 NOTATION ON OR EXCHANGE OF SECURITIES. 

If an amendment, supplement or waiver changes the terms of a Security of any Series, the Trustee may request the Holder of such Security to
deliver it to the Trustee. In such case, the Trustee shall place an appropriate notation on such Security about the changed terms and return it to the Holder. Alternatively, the Company, in exchange for such Security, may issue, and the Trustee
shall authenticate, a new security that reflects the changed terms. Failure to make the appropriate notation or issue a new Security shall not affect the validity and effect of such amendment, supplement or waiver. 

 

	8.6.	 TRUSTEE TO SIGN AMENDMENTS, ETC. 

The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this ARTICLE 8 if the amendment, supplement or waiver does
not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, but need not, sign it. In signing or refusing to sign such amendment, supplement or waiver the Trustee shall be entitled to receive and,
subject to Section 7.1, shall be fully protected in relying upon an Officers’ Certificate and an Opinion of Counsel stating that such amendment, supplement or waiver is authorized or permitted by this Indenture. The Company may not sign an
amendment or supplement until the Board of Directors of the Company approves it. 
 ARTICLE 9. 

DISCHARGE OF INDENTURE; DEFEASANCE 
  

	9.1.	 DISCHARGE OF INDENTURE. 

The Company may terminate its obligations under the Securities of any Series and this Indenture with respect to such Series, except the
obligations referred to in the last paragraph of this Section 9.1, if there shall have been canceled by the Trustee, or delivered to the Trustee for cancellation, all Securities of such Series theretofore authenticated and delivered (other than
any Securities of such Series that are asserted to have been destroyed, lost or stolen and that shall have been replaced as provided in Section 2.8) and the Company has paid all sums payable by it hereunder or deposited all required sums with
the Trustee. 
 After such delivery the Trustee upon request shall acknowledge in a writing prepared by or on behalf of the Company the
discharge of the Company’s obligations under the Securities of such Series and this Indenture, except for those surviving obligations specified below. 

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company in Sections 7.7, 9.5 and 9.6 shall survive.

  

	9.2.	 LEGAL DEFEASANCE. 

The Company may at its option, by Board Resolution, be discharged from its obligations with respect to the Securities of any Series on the date
upon which the conditions set forth in Section 9.4 below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, such Legal Defeasance means that the Company shall be deemed to have paid and discharged the entire
indebtedness represented by the Securities of such Series and to have satisfied all its other 

  
 -36- 

Table of Contents

 
obligations under such Securities and this Indenture insofar as such Securities are concerned (and the Trustee, at the expense of the Company, shall, subject to Section 9.6, execute proper
instruments acknowledging the same, as are delivered to it by the Company), except for the following, which shall survive until otherwise terminated or discharged hereunder: (A) the rights of Holders of outstanding Securities of such Series to
receive solely from the trust funds described in Section 9.4 and as more fully set forth in such section, payments in respect of the principal of, and interest and premium, if any, on, the Securities of such Series when such payments are due,
(B) the Company’s obligations with respect to the Securities of such Series under Sections 2.4, 2.5, 2.6, 2.7, 2.8 and 2.9, (C) the rights, powers, trusts, duties and immunities of the Trustee hereunder (including claims of, or payments
to, the Trustee under or pursuant to Section 7.7) and (D) this ARTICLE 9. Subject to compliance with this ARTICLE 9, the Company may exercise its option under this Section 9.2 with respect to the Securities of any Series
notwithstanding the prior exercise of its option under Section 9.3 below with respect to the Securities of such Series. 
  

	9.3.	 COVENANT DEFEASANCE. 

At the option of the Company, pursuant to a Board Resolution, the Company shall be released from its obligations with respect to the
outstanding Securities of any Series under Sections 4.2 through 4.5, inclusive, and Section 5.1, with respect to the outstanding Securities of such Series, on and after the date the conditions set forth in Section 9.4 are satisfied
(hereinafter, “Covenant Defeasance”). For this purpose, such Covenant Defeasance means that the Company may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such specified
section or portion thereof, whether directly or indirectly by reason of any reference elsewhere herein to any such specified Section or portion thereof or by reason of any reference in any such specified section or portion thereof to any other
provision herein or in any other document, but the remainder of this Indenture and the Securities of any Series shall be unaffected thereby. 
  

	9.4.	 CONDITIONS TO LEGAL DEFEASANCE OR COVENANT DEFEASANCE. 

The following shall be the conditions to application of Section 9.2 or Section 9.3 to the outstanding Securities of a Series: 

(1) the Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee satisfying the requirements of
Section 7.10 who shall agree to comply with the provisions of this ARTICLE 9 applicable to it) as funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated solely to, the benefit of the
Holders of the Securities, (A) money in an amount, or (B) U.S. Government Obligations or Foreign Government Obligations which through the scheduled payment of principal and interest in respect thereof in accordance with their terms will
provide, not later than the due date of any payment, money in an amount, or (C) a combination thereof, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof
delivered to the Trustee, to pay and discharge, and which shall be applied by the Trustee (or other qualifying trustee) to pay and discharge, the principal of, and accrued interest and premium, if any, on, the outstanding Securities of such Series
at the Stated Maturity of such principal, interest or premium, if any, or on dates for payment and redemption of such principal, interest and premium, if any, selected in accordance with the terms of this Indenture and of the Securities of such
Series; 

  
 -37- 

Table of Contents

 (2) no Event of Default or Default (other than that resulting from borrowing funds to be
applied to make such deposit and any similar or simultaneous deposit relating to other Indebtedness and, in each case, the granting of liens and the consummation of other transactions in connection therewith) with respect to the Securities of such
Series shall have occurred and be continuing on the date of such deposit; 
 (3) such Legal Defeasance or Covenant Defeasance shall not
cause the Trustee to have a conflicting interest for purposes of the TIA with respect to any securities of the Company; 
 (4) such Legal
Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute default under, any other agreement or instrument to which the Company is a party or by which it is bound; 

(5) the Company shall have delivered to the Trustee an Opinion of Counsel stating that, as a result of such Legal Defeasance or Covenant
Defeasance, neither the trust nor the Trustee will be required to register as an investment company under the Investment Company Act of 1940, as amended; 

(6) in the case of an election under Section 9.2, the Company shall have delivered to the Trustee an Opinion of Counsel stating that
(i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling to the effect that or (ii) there has been a change in any applicable Federal income tax law with the effect that, and such opinion
shall confirm that, the Holders of the outstanding Securities of such Series or Persons in 
 (7) their positions will not recognize income,
gain or loss for Federal income tax purposes solely as a result of such Legal Defeasance and will be subject to Federal income tax on the same amounts, in the same manner, including as a result of prepayment, and at the same times as would have been
the case if such Legal Defeasance had not occurred; 
 (8) in the case of an election under Section 9.3, the Company shall have
delivered to the Trustee an Opinion of Counsel to the effect that the Holders of the outstanding 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 and an Opinion of Counsel, each stating that all conditions
precedent provided for in this ARTICLE 9 relating to either the Legal Defeasance under Section 9.2 or the Covenant Defeasance under Section 9.3 (as the case may be) have been complied with; 

  
 -38- 

Table of Contents

 (10) the Company shall have delivered to the Trustee an Officers’ Certificate stating
that the deposit under clause (1) was not made by the Company with the intent of defeating, hindering, delaying or defrauding any creditors of the Company or others; and 

(11) the Company shall have paid, or duly provided for payment under terms mutually satisfactory to the Company and the Trustee, all amounts
then due to the Trustee pursuant to Section 7.7. 
  

	9.5.	 DEPOSITED MONEY AND U.S. AND FOREIGN GOVERNMENT OBLIGATIONS TO BE HELD IN TRUST; OTHER MISCELLANEOUS
PROVISIONS. 

 All money, U.S. Government Obligations and Foreign Government Obligations (including the proceeds thereof)
deposited with the Trustee pursuant to Section 9.4 in respect of the outstanding Securities shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the payment, either
directly or through any Paying Agent as the Trustee may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of principal, accrued interest and premium, if any, but such money need not be segregated from
other funds except to the extent required by law. 
 The Company shall pay and indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against the U.S. Government Obligations and Foreign Government Obligations deposited pursuant to Section 9.4 or the principal, interest and premium, if any, received in respect thereof other than any such tax, fee or
other charge which by law is for the account of the Holders of the outstanding Securities. 
 Anything in this ARTICLE 9 to the contrary
notwithstanding, but subject to payment of any of its outstanding fees and expenses, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money, U.S. Government Obligations or Foreign Government Obligations held
by the Trustee as provided in Section 9.4 which, in the opinion of a nationally-recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof which
would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance. 
  

	9.6.	 REINSTATEMENT. 

If the Trustee or Paying Agent is unable to apply any money, U.S. Government Obligations or Foreign Government Obligations in accordance with
Section 9.1, 9.2, 9.3 or 9.4 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s obligations under
this Indenture and the Securities shall be revived and reinstated as though no deposit had occurred pursuant to this ARTICLE 9 until such time as the Trustee or Paying Agent is permitted to apply all such money, U.S. Government Obligations or
Foreign Government Obligations, as the case may be, in accordance with Section 9.1, 9.2, 9.3 or 9.4; PROVIDED, HOWEVER, that if the Company has made any payment of principal of, or accrued interest or premium, if any, on, any Securities because
of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money, U.S. Government Obligations or Foreign Government Obligations held by the Trustee or
Paying Agent. 

  
 -39- 

Table of Contents

	9.7.	 MONEYS HELD BY PAYING AGENT. 

In connection with the satisfaction and discharge of this Indenture, all moneys then held by any Paying Agent under the provisions of this
Indenture shall, upon demand of the Company, be paid to the Trustee, or, if sufficient moneys have been deposited pursuant to Section 9.1, to the Company, and thereupon such Paying Agent shall be released from all further liability with respect
to such moneys. 
  

	9.8.	 MONEYS HELD BY TRUSTEE. 

Any moneys deposited with the Trustee or any Paying Agent or then held by the Company in trust for the payment of the principal of, or interest
or premium, if any, on, any Security that are not applied but remain unclaimed by the Holder of such Security for two years after the date upon which the principal of, or interest or premium, if any, on, such Security shall have respectively become
due and payable shall be repaid to the Company upon Company Request, or if such moneys are then held by the Company in trust, such moneys shall be released from such trust; and the Holder of such Security entitled to receive such payment shall
thereafter, as an unsecured general creditor, look only to the Company for the payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money shall thereupon cease; PROVIDED, HOWEVER, that the Trustee or any
such Paying Agent, before being required to make any such repayment, may, at the expense of the Company, either mail to each Securityholder affected, at the address shown in the register of the Securities maintained by the Registrar, or cause to be
published once a week for two successive weeks, in a newspaper published in the English language, customarily published each Business Day and of general circulation in the City of New York, New York, a notice that such money remains unclaimed and
that, after a date specified therein, which shall not be less than 30 days from the date of such mailing or publication, any unclaimed balance of such moneys then remaining will be repaid to the Company. After payment to the Company or the release
of any money held in trust by the Company, Securityholders entitled to the money must look only to the Company for payment as general creditors, unless applicable abandoned property law designates another Person. 

ARTICLE 10. 

MISCELLANEOUS 
  

	10.1.	 TRUST INDENTURE ACT CONTROLS. 

If any provision of this Indenture limits, qualifies or conflicts with another provision which is required to be included in this Indenture by
the TIA, the required provision shall control. If any provision of this Indenture modifies or excludes any provision of the TIA which may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or
to be excluded, as the case may be. 

  
 -40- 

Table of Contents

	10.2.	 NOTICES. 

Any notice or communication shall be given in writing or delivered in Person, delivered by commercial courier service or mailed by first-class
mail, postage prepaid, addressed as follows: 
 If to the Company: 

Finch Therapeutics Group, Inc. 

200 Inner Belt Road, Suite 400 

Somerville, Massachusetts 02143 

Telephone: (617) 229-6499 

Attention: Joseph D. Vittiglio, Chief Legal Officer and Corporate Secretary 

Copy to: 
 Ropes & Gray
LLP 800 Boylston Street 
 Boston, Massachusetts 02199 

Telephone: (617) 951-7000 

Attention: Marc Rubenstein; William Michener 

If to the Trustee: 
 U.S. Bank
Trust Company, National Association 
 1 Federal Street, 10th Floor 

Boston, MA 02110 
 Telephone:
(617) 603-6553 
 Attention: A. Nadeau (Finch Therapeutics) 

The Company or the Trustee by written notice to the other may designate additional or different addresses for subsequent notices or
communications. Any notice or communication to the Company or the Trustee shall be deemed to have been given or made as of the date so delivered if personally delivered and three Business Days after mailing if sent by registered or certified mail,
postage prepaid (except that a notice of change of address shall not be deemed to have been given until actually received by the addressee). 

Any notice or communication mailed to a Securityholder shall be mailed to such Securityholder by first-class mail, postage prepaid, at such
Securityholder’s address shown on the register kept by the Registrar. 
 Failure to mail, or any defect in, a notice or communication
to a Securityholder shall not affect its sufficiency with respect to other Securityholders. If a notice or communication to a Securityholder is mailed in the manner provided above, it shall be deemed duly given, three Business Days after such
mailing, whether or not the addressee receives it. 

  
 -41- 

Table of Contents

 If the Company delivers a notice or communication to Securityholders, it shall deliver a
copy to the Trustee and each Agent at the same time. 
 In case by reason of the suspension of regular mail service, or by reason of any
other cause, it shall be impossible to mail any notice as required by this Indenture, then such method of notification as shall be made with the approval of the Trustee shall constitute a sufficient mailing of such notice. 

In the case of Global Securities, notices or communications to be given to Securityholders shall be given to the Depository, in accordance
with its applicable policies as in effect from time to time. 
 In addition to the manner provided for in the foregoing provisions, notices
or communications to Securityholders shall be given by the Company by release made to Reuters Economic Services and Bloomberg Business News. 

The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”)
given by the Company pursuant to this Indenture and delivered using unsecured e-mail, facsimile transmission or other similar unsecured electronic methods (including pdf files) (“Electronic
Means”); provided, however, that the Company shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (each, an “Authorized Officer”) and containing specimen
signatures of such Authorized Officers, which incumbency certificate shall be amended by the Company whenever a person is to be added or deleted from the listing. Unless otherwise provided in this Indenture or in any Security, the words
“execute,” “execution,” “signed” and “signature” and words of similar import used in or related to any document to be signed in connection with this Indenture, any Security or any of the transactions
contemplated hereby (including amendments, waivers, consents and other modifications) shall be deemed to include electronic signatures (including electronic images of handwritten signatures and digital signatures provided by DocuSign, Adobe Sign or
any other digital signature provider identified by any other party hereto and acceptable to Trustee) and the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed
signature in ink or the use of a paper-based recordkeeping system, as applicable, to the fullest extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act and any other similar state laws based on the Uniform Electronic Transactions Act; provided that, notwithstanding anything herein to the contrary, the Trustee is not under any obligation to agree to accept
electronic signatures in any form or in any format unless expressly agreed to by the Trustee pursuant to procedures approved by the Trustee. If the Company elects to give the Trustee Instructions using Electronic Means and the Trustee in its
discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Company understands and agrees that the Trustee cannot determine the identity of the actual sender of such
Instructions and that the Trustee shall conclusively presume that Instructions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The
Company shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Company and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and
authorization codes, passwords and/or authentication keys upon receipt by the Company. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such
Instructions notwithstanding such Instructions conflict or are inconsistent with a subsequent written instruction. The Company agrees: (a) to assume all risks arising out of the use of electronic signatures and Electronic Means to submit
notices or Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized notice or Instructions, and the risk of interception and misuse by third parties; and (b) to notify the Trustee immediately upon
learning of any compromise or unauthorized use of the security procedures. Any notice, direction, request or demand hereunder to or upon the Trustee shall be deemed to have been sufficiently given or made, for all purposes, if it is in writing and
actually received by the Trustee, addressed as provided above or sent electronically in PDF format. 

  
 -42- 

Table of Contents

	10.3.	 COMMUNICATIONS BY HOLDERS WITH OTHER HOLDERS. 

Securityholders of any Series may communicate pursuant to TIA Section 312(b) with other Securityholders of that Series or any other Series
with respect to their rights under this Indenture or the Securities of that Series or any other Series. The Company, the Trustee, the Registrar and any other Person shall have the protection of TIA Section 312(c). 

 

	10.4.	 CERTIFICATE AND OPINION AS TO CONDITIONS PRECEDENT. 

Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the
Trustee: 
 (1) an Officers’ Certificate (which shall include the statements set forth in Section 10.5 below) stating that, in the
opinion of the signers, all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 

(2) an Opinion of Counsel (which shall include the statements set forth in Section 10.5 below) stating that, in the opinion of such
counsel, all such conditions precedent have been complied with. 
  

	10.5.	 STATEMENT REQUIRED IN CERTIFICATE AND OPINION. 

Each certificate and opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than pursuant to
Section 4.4) 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, it or he has made such examination or
investigation as is necessary to enable it or 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 covenant or condition has been complied with. 

  
 -43- 

Table of Contents

	10.6.	 RULES BY TRUSTEE AND AGENTS. 

The Trustee may make reasonable rules for action by or at meetings of Securityholders. The Registrar and Paying Agent may make reasonable rules
for their functions. 
  

	10.7.	 BUSINESS DAYS; LEGAL HOLIDAYS; PLACE OF PAYMENT. 

A “Business Day” is a day that is not a Legal Holiday. A “Legal Holiday” is a Saturday, a Sunday, a federally-recognized
holiday or a day on which banking institutions are not authorized or required by law, regulation or executive order to be open in the State of New York or Place of Payment. 

If a payment date is a Legal Holiday at a Place of Payment, payment may be made at that place on the next succeeding day that is not a Legal
Holiday, and no interest shall accrue for the intervening period. “Place of Payment” means the place or places where the principal of, and interest and premium, if any, on, the Securities of a Series are payable as specified as
contemplated by Section2.2. If the regular record date is a Legal Holiday, the record date shall not be affected. 
  

	10.8.	 GOVERNING LAW. 

THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO
CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. 
  

	10.9.	 NO ADVERSE INTERPRETATION OF OTHER AGREEMENTS. 

This Indenture may not be used to interpret another indenture, loan, security or debt agreement of the Company or any Subsidiary thereof. No
such indenture, loan, security or debt agreement may be used to interpret this Indenture. 
  

	10.10.	 NO RECOURSE AGAINST OTHERS. 

A director, officer, employee, stockholder or incorporator, as such, of the Company shall not have any liability for any obligations of the
Company under the Securities or the Indenture. Each Securityholder by accepting a Security waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Securities. 

 

	10.11.	 SUCCESSORS. 

All covenants and agreements of the Company in this Indenture and the Securities shall bind the Company’s successors and assigns, whether
so expressed or not. All agreements of the Trustee, any additional trustee and any Paying Agents in this Indenture shall bind their respective successors and assigns. 

  
 -44- 

Table of Contents

	10.12.	 MULTIPLE COUNTERPARTS. 

The parties may sign multiple counterparts of this Indenture. Each signed counterpart shall be deemed an original, but all of them together
represent one and the same agreement. Delivery of an executed counterpart by facsimile or PDF shall be effective as delivery of a manually executed counterpart thereof. 
  

	10.13.	 TABLE OF CONTENTS, HEADINGS, ETC. 

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

	10.14.	 SEVERABILITY. 

Each provision of this Indenture shall be considered separable, and if for any reason any provision which is not essential to the effectuation
of the basic purpose of this Indenture or the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby, and a Holder shall have
no claim therefor against any party hereto. 
  

	10.15.	 SECURITIES IN A FOREIGN CURRENCY OR IN EUROS. 

Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate delivered pursuant to
Section 2.2 with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of all Series or all Series
affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in a coin or currency other than Dollars (including Euros), then the principal amount of Securities of
such Series which shall be deemed to be outstanding for the purpose of taking such action shall be that amount of Dollars that could be obtained for such amount at the Market Exchange Rate at such time. For purposes of this Section 10.15,
“Market Exchange Rate” shall mean the noon Dollar buying rate in New York City for cable transfers of that currency as published by the Federal Reserve Bank of New York; PROVIDED, HOWEVER, in the case of Euros, Market Exchange Rate shall
mean the rate of exchange determined by the Commission of the European Union (or any successor thereto) as published in the Official Journal of the European Union (such publication or any successor publication, the “Journal”). If such
Market Exchange Rate is not available for any reason with respect to such currency, the Trustee shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York or, in the case of Euros, the
rate of exchange as published in the Journal, as of the most recent available date, or quotations or, in the case of Euros, rates of exchange from one or more major banks in New York City or in the country of issue of the currency in question or, in
the case of Euros, in Luxembourg or such other quotations or, in the case of Euros, rates of exchange as the Trustee, upon consultation with the Company, shall deem appropriate. The provisions of this paragraph shall apply in determining the
equivalent principal amount in respect of Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. 

  
 -45- 

Table of Contents

 All decisions and determinations of the Trustee regarding the Market Exchange Rate or any
alternative determination provided for in the preceding paragraph shall be in the Trustee’s sole discretion, and shall, in the absence of manifest error, be conclusive to the extent permitted by law for all purposes and irrevocably binding upon
the Company and all Holders. 
 10.16. FORCE MAJEURE. In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances,
nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; provided that the Trustee shall use reasonable efforts consistent with accepted
practices in the banking industry to resume performance as soon as practicable under the circumstances. 
 10.17. WAIVER OF JURY TRIAL. EACH
OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS
CONTEMPLATED HEREBY. 
 10.18. U.S.A PATRIOT ACT. The parties hereto acknowledge that in accordance with Section 326 of the U.S.A.
Patriot Act, the Trustee, like all financial institutions, in order to help fight the funding of terrorism and money laundering, is required to obtain, verify and record information that identifies each person or legal entity that establishes a
Relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may reasonably request in order for the Trustee to satisfy the requirements of the U.S.A. Patriot
Act. 
  

	10.19.	 JUDGMENT CURRENCY. 

The Company agrees, to the fullest extent that it may effectively do so under applicable law, that (a) if for the purpose of obtaining
judgment in any court it is necessary to convert the sum due in respect of the principal of, or interest or premium, if any, or other amount on, the Securities of any Series (the “Required Currency”) into a currency in which a judgment
will be rendered (the “Judgment Currency”), the rate of exchange used shall be the rate at which, in accordance with normal banking procedures, the Trustee could purchase in The City of New York the Required Currency with the Judgment
Currency on the day on which final unappealable judgment is entered, unless such day is not a Business Day, in which instance, the rate of exchange used shall be the rate at which, in accordance with normal banking procedures, the Trustee could
purchase in The City of New York the Required Currency with the Judgment Currency on the Business Day preceding the day on which final unappealable judgment is entered and (b) its obligations under this Indenture to make payments in the
Required Currency (i) shall not be discharged or satisfied by any tender or any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)) in any currency other than the Required Currency, except to the extent
that such tender or recovery shall result in the actual receipt, by the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii) shall be enforceable as an alternative or additional cause of
action for the purpose of recovering in the Required Currency the amount, if any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable and (iii) shall not be affected by judgment
being obtained for any other sum due under this Indenture. 

  
 -46- 

Table of Contents

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed, and
their respective corporate seals to be hereunto affixed and attested, all as of the day and year first above written. 
  

			
	FINCH THERAPEUTICS GROUP, INC.
		
	By:	 	 
	Name:	 	 
	Title:	 	 

  

			
	U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
		
	By:	 	 
	Name:	 	 
	Title:	 	 

  
 -47-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}]]