Document:

Form of Lydall, Inc. Performance Share Award Agreement (One-Year Period)

  
 Exhibit 10.30

 FORM OF 
 LYDALL, INC. 
 PERFORMANCE SHARE AWARD AGREEMENT 
 (One–Year Period) 
  
 THIS PERFORMANCE SHARE AWARD AGREEMENT (this “Agreement”) is made between Lydall, Inc., a Delaware corporation (the “Company”), and the recipient (the “Recipient”) of Performance
Shares (the “Award”) granted under the Amended and Restated Lydall 2003 Stock Incentive Compensation Plan (the “Plan”). The specific terms and conditions of the Award, including (i) the date of grant of the Award (the
“Date of Grant”), (ii) the number of Performance Shares awarded, (iii) the Performance Period applicable to the Award, (iv) the Performance Objectives applicable to the Award, and (v) the time-based vesting requirements
for the Award, are set forth in the award letter (the “Award Letter”), dated                     , from the President and Chief Executive
Officer of the Company to the Recipient. The terms and conditions set forth in the Award Letter, together with the applicable terms and conditions set forth in this Agreement and the Plan, will be binding upon the Recipient’s acceptance of the
Award in accordance with the terms and provisions of this Agreement. All capitalized terms used but not defined in this Agreement shall have the same meanings that have been ascribed to them in the Plan, unless the context clearly requires
otherwise. 
  
 1. Grant of Performance Shares. The Company hereby grants
to the Recipient, pursuant to Section 6.3 of the Plan, the number of Performance Shares set forth in the Award Letter, subject to the terms and conditions set forth in the Plan and this Agreement. These Performance Shares that are the subject
of the Award are shares of Restricted Stock that are subject to restrictions, and vest based upon the achievement of the Performance Objectives and the passage of time, all as set forth in the Plan, the Award Letter and this Agreement. 

 
 2. Acceptance of Award. The Recipient shall have no rights with respect to the
Award unless he or she accepts the Award no later than the close of business on the date that is sixty (60) days after the Date of Grant. Award acceptance shall be completed by accessing the Company’s administrative agent’s website,
BNY Mellon, (the “Administrative Agent”) referenced in the Award Letter and following the required on-line grant acknowledgement process. 
  
 3. Ownership of Performance Shares. As soon as practicable after the acceptance of the Award by the Recipient, the Company will cause the Performance Shares to
be issued in book entry form in the name of the Recipient, whereupon they will be held for the benefit of the Recipient by the Administrative Agent until the Performance Shares vest or are forfeited in accordance with the terms and conditions of the
Plan, this Agreement and the Award Letter. Upon such issue, the Recipient shall be the holder of record of the Performance Shares granted hereunder and will have, subject to the terms and conditions of the Plan and this Agreement, all rights of a
shareholder with respect to such shares. Notwithstanding the foregoing, the Company shall retain custody of all Retained Distributions made or declared with respect to the Performance Shares, subject to the same restrictions, terms and conditions as
are applicable to the Performance Shares, until such time, if ever, as the Performance Shares shall vest. 
  
 4. Performance Period. The Performance Period for the Performance Shares evidenced by this Agreement shall be the one-year period set forth in the Award Letter. 
  
 5. Performance Objectives. The actual number of shares of Common Stock to be issued
and delivered to the Recipient upon the vesting of the Performance Shares will depend upon the Operating Income (“OI”) of the Company for the full year of the Performance Period compared to the OI target for such period established and
approved by the Committee (the “OI Target”), calculated as set forth in the following table: 
  

					
	 	  	 OI Achievement

	  	 Determination Percentage
     of Performance Shares    

	 Below Threshold
	  	Less than 80% of OI Target	  	None
	 Threshold
	  	80% of OI Target	  	80%
	 Target
	  	100% of OI Target	  	100%
	 Maximum
	  	120% of OI Target	  	120%

  
 For purposes of the foregoing, “Operating Income” means the Operating Income from Continuing Operations of the Company for the Performance Period, as set forth in the audited financial statements of the
Company, adjusted positively or negatively if

  

 A-1 

  
 
determined necessary or appropriate by the Committee to exclude the effects of extraordinary items, unusual or non-recurring events, changes in accounting principles, realized investment gains or
losses, discontinued operations, acquisitions, divestitures, material restructuring or impairment charges and other similar items. The determination percentage of the Performance Shares where performance achievement is between Threshold and Target
will be scaled on a linear basis from 80% to 100%, and the determination percentage of the Performance Shares where performance achievement is between Target and Maximum will be scaled on a linear basis from 100% to 120%. OI will be rounded to the
nearest thousand, and the determination of the actual number of Performance Shares that will be allowed to vest will be rounded to the nearest whole share. All other calculations will be rounded to two decimal places. 
  
 6. Determination of Level of Performance Objectives Achieved. As soon as
practicable following the completion of the Performance Period and the preparation of the Company’s audited financial statements for such period, the Committee shall (a) determine the OI of the Company for the Performance Period and
(b) certify in writing, in accordance with the requirements of Section 162(m) of the Code to the extent applicable, the extent to which the Performance Objectives have been achieved, if at all, and the Determination Percentage resulting
therefrom (such certification being hereinafter referred to as the “Committee Certification”). In the event that, in determining the OI of the Company for the Performance Period, the Committee adjusts the Operating Income from Continuing
Operations of the Company from that set forth in the audited financial statements of the Company, the Committee Certification shall include a brief statement setting forth the amount of the adjustment and the reasons therefor. The actual number of
Performance Shares that will be allowed to vest will not be determined until the Committee makes the Committee Certification, at which time the number of Performance Shares will be determined and fixed, subject only to the additional time-based
vesting requirements set forth in the Award letter and the conditions set forth in Section 8 below. 
  
 7. Forfeiture of Unearned Performance Shares. All unearned Performance Shares, as well as any Retained Distributions relating thereto, shall be forfeited, effective as of the date of the Committee
Certification. 
  
 8. Additional Time-Based Restrictions; Forfeiture.

  
 (a) In addition to being subject to determination and
forfeiture as set forth in Sections 6 and 7 above, the Performance Shares, as well as any Retained Distributions relating thereto, shall be subject to the time-based vesting conditions set forth in the Award Letter (the “Restriction
Period”) and the conditions set forth in this Section 8. 
  
 (b) If the Recipient’s employment with the Company or any Subsidiary terminates during the Restriction Period for any reason whatsoever, then, effective upon the date of termination, all of Recipient’s non-vested Performance
Shares, as well as any Retained Distributions relating thereto, shall automatically be forfeited to the Company. Any leave of absence approved by the Committee shall not be deemed a termination of employment resulting in a forfeiture of the
Performance Shares. 
  
 (c) Neither the Performance Shares,
nor the Recipient’s interest in any of the Performance Shares, may be encumbered, sold, assigned, transferred, pledged or otherwise disposed of at any time during the Restriction Period. In the event any such action is taken, all non-vested
Performance Shares evidenced by this Agreement, as well as any Retained Distributions relating thereto, shall thereupon automatically be forfeited to the Company, effective as of the date of such event. 
  
 (d) All of the Recipient’s rights to, and interest in, the
Performance Shares, as well as any Retained Distributions relating thereto, shall terminate immediately upon forfeiture without payment of consideration. All forfeited Performance Shares shall be delivered promptly to the Company by the
Administrative Agent, and the Company shall direct the transfer agent and registrar of the Company’s Common Stock to make appropriate entries upon its or their records. 
  
 (e) The Committee shall make all determinations authorized or required in connection with the terms and provisions of the
Plan and this Agreement, including any determination as to whether an event has occurred resulting in the forfeiture of Performance Shares and any related Retained Distributions, and all such determinations of the Committee shall be final and
conclusive. 
  
 9. Delivery of Vested Shares. Subject to the terms of
the Plan, upon the making of the Committee Certification and the vesting of the Performance Shares, the Recipient shall be entitled to receive that number of shares of Common Stock calculated by multiplying the number of Performance Shares set forth
in the Award Letter by the Determination Percentage set forth in the Committee Certification, together with any Retained Distributions relating thereto, provided the Recipient has settled all applicable tax withholding obligations arising from the
vesting of the Award, as set forth in Section 10 below. All vested shares to which the Recipient is entitled, together with any Retained Distributions, if any, relating thereto and any additional shares of Common Stock, if any, to which the
Recipient is entitled by virtue of the Determination Percentage being in excess of 100%, shall be delivered to the

  

 A-2 

  
 
Recipient as soon as reasonably practical after the end of the Restriction Period. Delivery of vested shares will be made electronically via book entry to an account in the name of the Recipient
maintained with the Company’s transfer agent. In connection therewith, the Recipient agrees to execute any documents reasonably requested by the Company or the Administrative Agent. 
  
 10. Taxation. 
  
 (a) The Recipient recognizes and agrees that there may be certain tax issues that affect the Recipient arising from the grant and/or vesting of the
Performance Shares and the Recipient is solely responsible for payment of all federal, state and local taxes resulting therefrom. The Company expressly provides no tax advice to the Recipient and recommends that the Recipient seek personal tax
advice. 
  
 (b) In general, the Recipient will have taxable
income as a result of the vesting of the Performance Shares. The amount of the taxable income for each year will equal the number of shares which vest multiplied by the Fair Market Value of the Common Stock on the vesting date. This amount will be
included in Recipient’s taxable income reported on Form W-2 for that year. Any applicable withholding taxes associated with the vesting of the Performance Shares must be paid to the Company as set forth in section (c) below, prior the
delivery of vested shares to the Recipient. 
  
 (c)
Recipient’s tax withholding liability will be satisfied through the delivery to the Company by the Administrative Agent of shares of Common Stock otherwise deliverable to the Recipient in an amount equal to the tax liability outlined in
(b) above. The number of shares to be delivered to the Company will be rounded up to the nearest whole share and in no case will partial shares be transferred. The shares delivered to the Company for satisfaction of the Recipient’s tax
liability will result in a reduction in the number of vested shares actually delivered to the Recipient. 
  
 (d) Section 83(b) of the Code permits the Recipient to recognize income in the year in which the Performance Shares are granted, rather than in
the subsequent years in which they vest. This election generally must be filed with the Internal Revenue Service within 30 days of the Date of Grant. The Recipient is encouraged to discuss this option with his or her own tax advisor. In the event
that the Recipient desires to make an election under Section 83(b) of the Code, the Recipient first shall make appropriate arrangements with the Company for the payment of all applicable withholding taxes associated with such election.

  
 (e) Participants of a natural citizenship other than the
United States of America will be subject to and have their tax liability calculated in accordance with the applicable statutory laws of their country, which may result in treatment other than what is outlined in (b) through (d) above.

  
 11. Appointment of Agent. By accepting the Performance Shares
evidenced by this Agreement, the Recipient hereby irrevocably nominates, constitutes and appoints each of the Company’s Vice President of Human Resources and the Administrative Agent as his or her agent and attorney-in-fact to take any and all
actions and to execute any and all documents, in the name and on behalf of the Recipient, for any purpose necessary or convenient for the administration of the Plan and this Agreement. This power is intended as a power coupled with an interest and
shall survive the Recipient’s death. In addition, it is intended as a durable power and shall survive the Recipient’s incapacity. 
  
 12. No Employment Rights. Nothing in this Agreement shall be deemed to: (a) confer or be deemed to confer upon the Recipient any right to continue in the
employ of the Company or any Subsidiary or in any way affect the right of the Company or any Subsidiary to dismiss or otherwise terminate the Recipient’s employment at any time for any reason with or without cause, (b) impose upon the
Company or any Subsidiary any liability for any forfeiture of Performance Shares which may result if the Recipient’s employment is terminated, or (c) affect the right of the Company or any Subsidiary to terminate or modify any contractual
relationship with a Recipient who is not an employee of the Company or a Subsidiary. 
  
 13. No Liability for Business Acts or Omissions. The Recipient recognizes and agrees that the Board of Directors or the officers, agents or employees of the Company, including the Administrative Agent, in their conduct of the
business and affairs of the Company, may cause the Company to act, or to omit to act, in a manner that may, directly or indirectly, prevent the attainment of the Performance Objectives and/or the vesting of the Performance Shares. No provision
herein, or in any amendment hereto that may be implemented from time-to-time, shall be interpreted or construed to impose any liability upon the Company, the Board of Directors or any officer, agent or employee of the Company, including the
Administration Agent, for any forfeiture of Performance Shares that may result, directly or indirectly, from any such action or omission. 
  

 A-3 

  
 14. Changes in Capitalization.
Neither this Agreement nor the grant of the Performance Shares shall affect in any way the right or power of the Company or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the
Company’s capital structure or its business, or any merger or consolidation of the Company or any Subsidiary, or any issue of bonds, debentures, preferred or prior preference stocks ahead of or affecting the Common Stock or the rights thereof,
or the dissolution or liquidation of the Company or any Subsidiary, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceedings, whether of a similar character or otherwise. 
  
 15. Change in Control. In the event of a Change in Control of the Company during
the Performance Period, the Performance Shares shall immediately and entirely vest (with a Determination Percentage of 100%) in accordance with the terms and conditions of the Plan and sections 5, 6, 7 and 8 above shall not apply. In the event of a
Change in Control of the Company after the Committee’s certification but before the Restriction Period ends, the unvested balance of the Award (as determined) shall immediately and entirely vest. 
  
 16. Plan Terms and Committee Authority. This Agreement and the rights of the
Recipient hereunder are subject to all of the terms and conditions of the Plan, as it may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for the administration of the Plan. It is expressly
understood that the Committee is authorized to administer, construe and make, in its sole and absolute discretion, all determinations necessary or appropriate for the administration of the Plan and this Agreement, all of which shall be binding upon
the Recipient. This Agreement shall be interpreted and applied in a manner consistent with the provisions of the Plan, and in the event of any inconsistency between this Agreement and the Plan, the terms of the Plan shall control. 
  
 17. Amendment; Modification; Waiver. No provision of this Agreement may be amended,
modified or waived unless authorized by the Committee, and no amendment or modification of this Agreement may be made except in a writing signed by each of the parties hereto. 
  
 18. Agents. The Company has the right to change the appointed transfer agent or Administrative Agent from time to time.

  
 19. Business Day. If any event permitted or required by this
Agreement is scheduled to take place on a day on which the Company’s corporate offices are not open for business, such event shall take place on the next succeeding day on which the Company’s corporate offices are open for business.

  
 20. Titles. The titles to sections or paragraphs of this Agreement
are intended solely for convenience and no provision herein is to be construed by reference to the title of any section or paragraph. 
  
 21. Notices. Every notice or other communication relating to this Agreement shall be in writing, and shall be mailed or delivered to the party for whom it is
intended at such address as may from time to time be designated by such party in a notice mailed or delivered to the other party as herein provided; provided, that, unless and until some other address be so designated, all notices or communications
to the Company shall be mailed to or delivered to its Vice President, General Counsel and Secretary, with a copy to its Vice President of Human Resources, both at One Colonial Road, P. O. Box 151, Manchester, Connecticut, 06045-0151, and all notices
by the Company to the Recipient may be given to the Recipient personally or may be mailed to him or her at the last address designated for the Recipient on the employment records of the Company. For purposes of this section, the term
“mailed” includes electronic delivery methods. 
  
 22. Governing
Law; Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Connecticut without reference to the principles of conflict of laws thereof, and the Recipient agrees to the exclusive jurisdiction
of Connecticut courts. 
  
 23. Compliance with Laws. The issuance of the
shares of Common Stock pursuant to this Agreement shall be subject to, and shall comply with, any applicable requirements of any federal and state securities laws, rules and regulations (including, without limitation, the provisions of the
Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and any rules and regulations promulgated thereunder) and any other law or regulation applicable thereto. The Company shall not be obligated to issue any shares of
Common Stock pursuant to this Agreement if such issuance would violate any such requirements. 
  

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 24. Severability. The invalidity
or unenforceability of any provision of this Agreement shall not affect the validity, legality or enforceability of the remainder of this Agreement, it being intended that all rights and obligations of the Company and the Recipient shall be
enforceable to the fullest extent permitted by law. 
  
 25. Statute of
Limitations. The Recipient hereby agrees that there shall be a one-year statute of limitations for the filing of any claim relating to this Agreement or the terms or conditions of the Award. If such a claim is filed more than one year subsequent
to the earlier of the date on which the vesting of the final portion of Performance Shares is scheduled to occur or termination of the Recipient’s employment, it shall be precluded by this provision, whether or not the claim has accrued at that
time. 
  
 IN WITNESS WHEREOF, the undersigned officer of the Company has
executed this Agreement as of the Date of Grant. 
  

			
	LYDALL, INC.
		
	By:	 	  

	 	 	Dale G. Barnhart
	 	 	President and Chief Executive Officer

  

 A-5Amended and Restated Indenture dated September 28, 2004

 Exhibit 4.4 
  
  
 THE LUBRIZOL CORPORATION, 
 THE SUBSIDIARY GUARANTORS PARTIES HERETO 
 and 
 J.P. Morgan
Trust Company, National Association, Trustee 
 Amended and Restated Indenture 
 Dated as of September 28, 2004 
 (Originally entered into as of June 1, 1995) 
  
  

 CROSS REFERENCE SHEET 1 
 Between 
 Provisions of Trust Indenture Act of 1939 and Amended and Restated
Indenture dated as of September 28, 2004 between THE LUBRIZOL CORPORATION, the guarantors from time to time parties hereto and listed on Schedule A hereto, and J.P. Morgan Trust Company, National Association, Trustee: 
  

			
	 Section of the Act
	  	 Section of Indenture

	 310 (a) (1) and (2)
	  	6.9
	 310 (a) (3) and (4)
	  	Inapplicable
	 310 (b)
	  	6.8 and 6.10 (a), (b) and (d)
	 310 (c)
	  	Inapplicable
	 311 (a)
	  	6.13 (a) and (c) (1) and (2)
	 311 (b)
	  	6.13 (b)
	 311 (c)
	  	Inapplicable
	 312 (a)
	  	4.1 and 4.2 (a)
	 312 (b)
	  	4.2 (a) and (b) (i) and (ii)
	 312 (c)
	  	4.2 (c)
	 313 (a)
	  	4.4 (a) (i), (ii), (iii), (iv), (v) and (vi)
	 313 (b) (1)
	  	Inapplicable
	 313 (b) (2)
	  	4.4
	 313 (c)
	  	4.4
	 313 (d)
	  	4.4
	 314 (a)
	  	4.3
	 314 (b)
	  	Inapplicable
	 314 (c) (1) and (2)
	  	11.5
	 314 (c) (3)
	  	Inapplicable
	 314 (d)
	  	Inapplicable
	 314 (e)
	  	11.5
	 314 (f)
	  	Inapplicable
	 315 (a), (c) and (d)
	  	6.1
	 315 (b)
	  	5.11
	 315 (e)
	  	5.12
	 316 (a) (1)
	  	5.9
	 316 (a) (2)
	  	Not required
	 316 (a) (last sentence)
	  	7.4
	 316 (b)
	  	5.7
	 316 (c)
	  	7.2
	 317 (a)
	  	5.2
	 317 (b)
	  	3.4 (a) and (b)
	 318 (a)
	  	11.7

  

	1	 This Cross Reference Sheet is not part of the Indenture. 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	Page
	 ARTICLE ONE DEFINITIONS
	  	1
			
	 SECTION 1.1
	 	 Certain Terms Defined
	  	1
		 	 Attributable Debt
	  	2
		 	 Authenticating Agent
	  	2
		 	 Authorized Newspaper
	  	2
		 	 Board of Directors
	  	2
		 	 Board Resolution
	  	2
		 	 Business Day
	  	2
		 	 Capital Stock
	  	2
		 	 Capitalized Lease Obligation
	  	2
		 	 Commission
	  	3
		 	 Composite Rate
	  	3
		 	 Consolidated Net Tangible Assets
	  	3
		 	 Corporate Trust Office
	  	3
		 	 Coupon
	  	3
		 	 covenant defeasance
	  	3
		 	 Credit Agreement
	  	4
		 	 Debt
	  	4
		 	 Depositary
	  	5
		 	 Dollar
	  	5
		 	 Domestic Subsidiary
	  	5
		 	 ECU
	  	5
		 	 Event of Default
	  	5
		 	 Exempted Debt
	  	5
		 	 Fair Market Value
	  	5
		 	 Foreign Assets
	  	5
		 	 Foreign Currency
	  	5
		 	 Guarantee
	  	5
		 	 Guarantor
	  	5
		 	 Guarantors’ Board of Directors
	  	6
		 	 Guarantors’ Officer’s Certificate
	  	6
		 	 Holder, Holder of Securities, Securityholder
	  	6
		 	 Indenture
	  	6
		 	 Interest
	  	6
		 	 Issuer
	  	6
		 	 Issuer Order
	  	6
		 	 Judgment Currency
	  	6
		 	 Lien
	  	6
		 	 Mortgage
	  	6
		 	 Net Rental Payments
	  	6
		 	 Obligations
	  	6
		 	 Officer
	  	7

  

 i 

					
		 	 Officer’s Certificate
	  	7
		 	 Opinion of Counsel
	  	7
		 	 original issue date
	  	7
		 	 Original Issue Discount Security
	  	7
		 	 Outstanding
	  	7
		 	 Periodic Offering
	  	8
		 	 Person
	  	8
		 	 principal
	  	8
		 	 Principal Manufacturing Property
	  	8
		 	 record date
	  	8
		 	 Registered Global Security
	  	8
		 	 Registered Security
	  	8
		 	 Required Currency
	  	8
		 	 Responsible Officer
	  	8
		 	 Restricted Subsidiary
	  	8
		 	 Security or Securities
	  	9
		 	 Subsidiary
	  	9
		 	 Trust Indenture Act of 1939
	  	9
		 	 Trustee
	  	9
		 	 Unregistered Security
	  	9
		 	 U.S. Government Obligations
	  	9
		 	 Wholly Owned Subsidiary
	  	9
		 	 Yield to Maturity
	  	9
		
	 ARTICLE TWO SECURITIES
	  	10
			
	 SECTION 2.1
	 	 Forms Generally
	  	10
	 SECTION 2.2
	 	 Form of Trustee’s Certificate of Authentication
	  	10
	 SECTION 2.3
	 	 Amount Unlimited; Issuable in Series
	  	11
	 SECTION 2.4
	 	 Authentication and Delivery of Securities
	  	13
	 SECTION 2.5
	 	 Execution of Securities
	  	16
	 SECTION 2.6
	 	 Certificate of Authentication
	  	16
	 SECTION 2.7
	 	 Denomination and Date of Securities; Payments of Interest
	  	16
	 SECTION 2.8
	 	 Registration, Transfer and Exchange
	  	17
	 SECTION 2.9
	 	 Mutilated, Defaced, Destroyed, Lost and Stolen Securities
	  	20
	 SECTION 2.10
	 	 Cancellation of Securities; Destruction Thereof
	  	21
	 SECTION 2.11
	 	 Temporary Securities
	  	21
		
	 ARTICLE THREE COVENANTS OF THE ISSUER
	  	22
			
	 SECTION 3.1
	 	 Payment of Principal and Interest
	  	22
	 SECTION 3.2
	 	 Offices for Payments, etc.
	  	23
	 SECTION 3.3
	 	 Appointment to Fill a Vacancy in Office of Trustee
	  	24
	 SECTION 3.4
	 	 Paying Agents
	  	24
	 SECTION 3.5
	 	 Written Statement to Trustee
	  	24
	 SECTION 3.6
	 	 Negative Pledge; Limitation on Sale and Leaseback Transactions
	  	25
	 SECTION 3.7
	 	 Luxembourg Publications
	  	27

  

 ii 

					
	 SECTION 3.8
	 	 Issuance of Subsidiary Guarantees
	  	28
		
	 ARTICLE FOUR SECURITYHOLDERS LISTS AND REPORTS BY THE ISSUER AND THE TRUSTEE
	  	28
			
	 SECTION 4.1
	 	 Issuer to Furnish Trustee Information as to Names and Addresses of Securityholders
	  	28
	 SECTION 4.2
	 	 Preservation and Disclosure of Securityholders Lists
	  	28
	 SECTION 4.3
	 	 Reports by the Issuer
	  	28
	 SECTION 4.4
	 	 Reports by the Trustee
	  	28
		
	 ARTICLE FIVE REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT
	  	29
			
	 SECTION 5.1
	 	 Event of Default Defined; Acceleration of Maturity; Waiver of Default
	  	29
	 SECTION 5.2
	 	 Collection of Indebtedness by Trustee; Trustee May Prove Debt
	  	31
	 SECTION 5.3
	 	 Application of Proceeds
	  	33
	 SECTION 5.4
	 	 Suits for Enforcement
	  	34
	 SECTION 5.5
	 	 Restoration of Rights on Abandonment of Proceedings
	  	34
	 SECTION 5.6
	 	 Limitations on Suits by Securityholders
	  	35
	 SECTION 5.7
	 	 Unconditional Right of Securityholders to Institute Certain Suits
	  	35
	 SECTION 5.8
	 	 Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default
	  	35
	 SECTION 5.9
	 	 Control by Holders of Securities
	  	36
	 SECTION 5.10
	 	 Waiver of Past Defaults
	  	36
	 SECTION 5.11
	 	 Trustee to Give Notice of Default, But May Withhold in Certain Circumstances
	  	36
	 SECTION 5.12
	 	 Right of Court to Require Filing of Undertaking to Pay Costs
	  	37
		
	 ARTICLE SIX CONCERNING THE TRUSTEE
	  	37
			
	 SECTION 6.1
	 	 Duties and Responsibilities of the Trustee; During Default; Prior to Default
	  	37
	 SECTION 6.2
	 	 Certain Rights of the Trustee
	  	38
	 SECTION 6.3
	 	 Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof
	  	39
	 SECTION 6.4
	 	 Trustee and Agents May Hold Securities or Coupons; Collections, etc.
	  	40
	 SECTION 6.5
	 	 Moneys Held by Trustee
	  	40
	 SECTION 6.6
	 	 Compensation and Indemnification of Trustee and Its Prior Claim
	  	40
	 SECTION 6.7
	 	 Right of Trustee to Rely on Officer’s Certificate, etc.
	  	40
	 SECTION 6.8
	 	 Indentures Not Creating Potential Conflicting Interests for the Trustee
	  	41
	 SECTION 6.9
	 	 Persons Eligible for Appointment as Trustee
	  	41
	 SECTION 6.10
	 	 Resignation and Removal; Appointment of Successor Trustee
	  	41
	 SECTION 6.11
	 	 Acceptance of Appointment by Successor Trustee
	  	42

  

 iii 

					
	 SECTION 6.12
	 	 Merger, Conversion, Consolidation or Succession to Business of Trustee
	  	44
	 SECTION 6.13
	 	 Preferential Collection of Claims Against the Issuer
	  	44
	 SECTION 6.14
	 	 Appointment of Authenticating Agent
	  	44
		
	 ARTICLE SEVEN CONCERNING THE SECURITYHOLDERS
	  	45
			
	 SECTION 7.1
	 	 Evidence of Action Taken by Securityholders
	  	45
	 SECTION 7.2
	 	 Proof of Execution of Instruments and of Holding of Securities
	  	45
	 SECTION 7.3
	 	 Holders to be Treated as Owners
	  	46
	 SECTION 7.4
	 	 Securities Owned by Issuer Deemed Not Outstanding
	  	47
	 SECTION 7.5
	 	 Right of Revocation of Action Taken
	  	47
		
	 ARTICLE EIGHT SUPPLEMENTAL INDENTURES
	  	48
			
	 SECTION 8.1
	 	 Supplemental Indentures Without Consent of Securityholders
	  	48
	 SECTION 8.2
	 	 Supplemental Indentures With Consent of Securityholders
	  	49
	 SECTION 8.3
	 	 Effect of Supplemental Indenture
	  	50
	 SECTION 8.4
	 	 Documents to Be Given to Trustee
	  	50
	 SECTION 8.5
	 	 Notation on Securities in Respect of Supplemental Indentures
	  	50
		
	 ARTICLE NINE CONSOLIDATION, MERGER, SALE OR CONVEYANCE
	  	51
			
	 SECTION 9.1
	 	 Covenant Not to Merge, Consolidate, Sell or Convey Property Except Under Certain Conditions
	  	51
	 SECTION 9.2
	 	 Successor Corporation Substituted
	  	51
	 SECTION 9.3
	 	 Opinion of Counsel Delivered to Trustee
	  	52
	 SECTION 9.4
	 	 Guarantors May Consolidate, Etc., Only on Certain Terms
	  	52
	 SECTION 9.5
	 	 Successor Person Substituted for Guarantors
	  	53
		
	 ARTICLE TEN SATISFACTION AND DISCHARGE OF INDENTURE; UNCLAIMED MONEYS
	  	53
			
	 SECTION 10.1
	 	 Satisfaction and Discharge of Indenture
	  	53
	 SECTION 10.2
	 	 Application by Trustee of Funds Deposited for Payment of Securities
	  	56
	 SECTION 10.3
	 	 Repayment of Moneys Held by Paying Agent
	  	57
	 SECTION 10.4
	 	 Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years
	  	57
	 SECTION 10.5
	 	 Indemnity for U.S. Government Obligations
	  	57
		
	 ARTICLE ELEVEN MISCELLANEOUS PROVISIONS
	  	57
			
	 SECTION 11.1
	 	 Incorporators, Shareholders, Officers and Directors of Issuer Exempt from Individual Liability
	  	57
	 SECTION 11.2
	 	 Provisions of Indenture for the Sole Benefit of Parties and Holders of Securities and Coupons
	  	58
	 SECTION 11.3
	 	 Successors and Assigns
	  	58

  

 iv 

					
	 SECTION 11.4
	 	 Notices and Demands on Issuer, Trustee and Holders of Securities and Coupons
	  	58
	 SECTION 11.5
	 	 Officer’s Certificates and Opinions of Counsel; Statements to Be Contained Therein
	  	59
	 SECTION 11.6
	 	 Payments Due on Saturdays, Sundays and Holidays
	  	60
	 SECTION 11.7
	 	 Conflict of Any Provision of Indenture with Trust Indenture Act of 1939
	  	60
	 SECTION 11.8
	 	 New York Law to Govern
	  	60
	 SECTION 11.9
	 	 Counterparts
	  	60
	 SECTION 11.10
	 	 Effect of Headings
	  	60
	 SECTION 11.11
	 	 Securities in a Foreign Currency or in ECU
	  	60
	 SECTION 11.12
	 	 Judgment Currency
	  	61
		
	 ARTICLE TWELVE REDEMPTION OF SECURITIES AND SINKING FUNDS
	  	61
			
	 SECTION 12.1
	 	 Applicability of Article
	  	61
	 SECTION 12.2
	 	 Notice of Redemption; Partial Redemptions
	  	62
	 SECTION 12.3
	 	 Payment of Securities Called for Redemption
	  	63
	 SECTION 12.4
	 	 Exclusion of Certain Securities from Eligibility for Selection for Redemption
	  	64
	 SECTION 12.5
	 	 Mandatory and Optional Sinking Funds
	  	64
		
	 ARTICLE THIRTEEN GUARANTEES
	  	66
			
	 SECTION 13.1
	 	 The Unconditional Guarantee
	  	66
	 SECTION 13.2
	 	 Severability
	  	67
	 SECTION 13.3
	 	 Limitation of Guarantors’ Liability
	  	67
	 SECTION 13.4
	 	 Successors and Assigns
	  	68
	 SECTION 13.5
	 	 No Waiver
	  	68
	 SECTION 13.6
	 	 Release of Guarantor
	  	69
	 SECTION 13.7
	 	 Execution of Supplemental Indenture for Future Guarantors
	  	69
	 SECTION 13.8
	 	 Execution and Delivery of Guarantee
	  	69
	 SECTION 13.9
	 	 Subordination of Subrogation and Other Rights
	  	69

  

 v 

 THIS AMENDED AND RESTATED INDENTURE, dated as of September 28, 2004 between THE
LUBRIZOL CORPORATION, an Ohio corporation (the “Issuer”), the guarantors from time to time parties hereto and listed on Schedule A hereto (each, a “Guarantor” and, collectively, the “Guarantors”), and J.P. Morgan Trust
Company, National Association, as successor trustee to The First National Bank of Chicago (the “Trustee”), 
 W I T N E
S S E T H: 
 WHEREAS, the Issuer has duly authorized the issue from time to time of its unsecured debentures, notes or other
evidences of indebtedness to be issued in one or more series (the “Securities”) up to such principal amount or amounts as may from time to time be authorized in accordance with the terms of this Indenture; 
 WHEREAS, the Issuer has duly authorized the execution and delivery of this Indenture to provide, among other things, for the authentication,
delivery and administration of the Securities; 
 WHEREAS, each Guarantor has duly authorized the execution and delivery of this
Indenture to provide for the issuance of the Guarantee provided for herein; and 
 WHEREAS, all things necessary to make this
Indenture a valid indenture and agreement according to its terms have been done; 
 NOW, THEREFORE: 
 In consideration of the premises and the purchases of the Securities by the holders thereof, the Issuer and the Trustee mutually covenant
and agree for the equal and proportionate benefit of the respective holders from time to time of the Securities and of the coupons, if any, appertaining thereto as follows: 
 ARTICLE ONE 
 DEFINITIONS 
 SECTION 1.1 Certain Terms Defined. The following terms (except as otherwise expressly provided herein, in any indenture supplemental
thereto or, as to any Security, in such Security or unless the context otherwise clearly requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section. All other
terms used in this Indenture that are defined in the Trust Indenture Act of 1939 or the definitions of which in the Securities Act of 1933 are referred to in the Trust Indenture Act of 1939, including terms defined therein by reference to the
Securities Act of 1933 (except as herein otherwise expressly provided or unless the context otherwise requires), shall have the meanings assigned to such terms in said Trust Indenture Act and in said Securities Act as in force at the date of this
Indenture. All accounting terms used herein and not expressly defined shall have the meanings assigned to such terms in accordance with generally accepted accounting principles, and the term “generally accepted accounting
principles” means such accounting principles as are generally accepted in the United States at the time of any computation. 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. The terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the
singular. 
  

 1 

 “Attributable Debt” means, as to any particular lease under which any
Person is at the time liable, at any date as of which the amount thereof is to be determined, the total net amount of rent required to be paid by such Person under such lease during the remaining term thereof, discounted from the respective due
dates thereof to such date at the Composite Rate. The net amount of rent required to be paid under any such lease for any such period shall be the aggregate amount of the rent payable by the lessee with respect to such period after excluding amounts
required to be paid on account of maintenance and repairs, insurance, taxes, assessments, water rates, contingent rents (such as those based on sales) and similar charges. In the case of any lease which is terminable by the lessee upon the payment
of a penalty, such net amount shall also include the amount of such penalty, but no rent shall be considered as required to be paid under such lease subsequent to the first date upon which it may be so terminated. 
 “Authenticating Agent” shall have the meaning set forth in Section 6.14. 
 “Authorized Newspaper” means a newspaper (which, in the case of The City of New York, will, if practicable, be The Wall
Street Journal (Eastern Edition), in the case of the United Kingdom, will, if practicable, be the Financial Times (London Edition) and, in the case of Luxembourg, will, if practicable, be the Luxemburger Wort) published in an official language of
the country of publication customarily published at least once a day for at least five days in each calendar week and of general circulation in The City of New York, the United Kingdom or in Luxembourg, as applicable. If it shall be impractical in
the opinion of the Trustee to make any publication of any notice required hereby in an Authorized Newspaper, any publication or other notice in lieu thereof which is made or given with the approval of the Trustee shall constitute a sufficient
publication of such notice. 
 “Board of Directors” means either the Board of Directors of the Issuer or any
committee or other designees of such Board duly authorized to act on its behalf. 
 “Board Resolution” means a
copy of one or more resolutions, certified by the secretary or an assistant secretary of the Issuer to have been duly adopted or consented to by the Board of Directors and to be in full force and effect, and delivered to the Trustee. 
 “Business Day” means, with respect to any Security, a day that in the city (or in any of the cities, if more than one) in
which amounts are payable, as specified in the form of such Security, is not a day on which banking institutions are authorized or required by law or regulation to close. 
 “Capital Stock” shall mean (1) with respect to any Person that is a corporation, any and all shares, interests, participations or other equivalents (however designated and whether or
not voting) of corporate stock, including each class of common stock and preferred stock of such Person, and (2) with respect to any Person that is not a corporation, any and all partnership or other equity interests of such Person. 

“Capitalized Lease Obligation” shall mean an obligation under a lease that is required to be capitalized for financial
reporting purposes in accordance with generally accepted accounting principles, and the amount of Debt represented by such obligation shall be the capitalized amount of such obligation determined in accordance with such principles. 

 

 2 

 “Commission” means the Securities and Exchange Commission, as from time to
time constituted, created under the Securities Exchange Act of 1934, or if at any time after the execution and delivery of this Indenture such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act,
then the body performing such duties on such date. 
 “Composite Rate” means, at any time, the rate of
interest, per annum, compounded semiannually, equal to the sum of the rates of interest borne by the Securities of each series (as specified on the face of the Securities of each series, provided, that, in the case of the Securities with
variable rates of interest, the interest rate to be used in calculating the Composite Rate shall be the interest rate applicable to such Securities at the beginning of the year in which the Composite Rate is being determined and, provided,
further, that, in the case of Original Issue Discount Securities, the interest rate to be used in calculating the Composite Rate shall be a rate equal to the yield to maturity on such Securities, calculated at the time of issuance of such
Securities) multiplied, in the case of each series of Securities, by the percentage of the aggregate principal amount of the Securities of all series Outstanding represented by the Outstanding Securities of such series. For the purposes of this
calculation, the aggregate principal amount of Outstanding Securities that are denominated in a foreign currency shall be calculated in the manner set forth in Section 11.11, and the aggregate principal amount of Original Issue Discount
Securities shall be the aggregate amount then payable upon the declaration of acceleration of the maturity thereof pursuant to Section 5.1. 
 “Consolidated Net Tangible Assets” shall mean, at any date, the total assets appearing on the audited annual consolidated balance sheet of the Issuer and its consolidated Subsidiaries for
the Issuer’s most recently completed fiscal year, prepared in accordance with generally accepted accounting principles less (a) all current liabilities shown on such balance sheet and (b) Intangible Assets. “Intangible
Assets” means the value (net of applicable reserves), as shown on or reflected in such balance sheet, of: (i) all trade names, trademarks, licenses, patents, copyrights and goodwill; (ii) organizational or development costs;
(iii) deferred charges (other than prepaid items such as insurance, taxes, interest, commissions, rents and similar items and tangible assets being amortized); and (iv) unamortized debt discount and expense, less premium. 
 “Corporate Trust Office” means the office of the Trustee at which the corporate trust business of the Trustee shall, at any
particular time, be principally administered, which office is, at the date as of which this Indenture is dated, located in 277 W. Monroe Street, Suite 2600, Chicago, Illinois 60606, Attention: Corporate Trust Services Division, except that for
purposes of Section 3.2, such term shall mean the office or agency of the Trustee in the Borough of Manhattan, The City of New York, which office, at the date as of which this Indenture is dated is located at [14 Wall Street, Eighth Floor,
10005.] 
 “Coupon” means any interest coupon appertaining to a Security. 
 “covenant defeasance” shall have the meaning set forth in Section 10.1(C). 
  

 3 

 “Credit Agreement” shall mean the credit agreement, dated August 24,
2004, entered into among the Issuer and/or any Subsidiary and one or more lenders, providing, inter alia, for revolving credit loans, term loans and/or letters of credit, together with all related notes, letters of credit, collateral documents,
guarantees, and any other related agreements and instruments executed and delivered in connection therewith, in each case as amended, modified, supplemented, refinanced, refunded or replaced in whole or in part from time to time. 
 “Debt” of any Person shall mean any debt for money borrowed which is issued, assumed, incurred or guaranteed in any manner
by such Person. For purposes of Section 3.8 and Article 13 and the defined terms used therein, “Debt” shall mean, with respect to any Person, without duplication: 
 (1) Obligations of such Person for money borrowed; 
 (2) all Obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; 
 (3) all Capitalized Lease Obligations of such Person; 
 (4) all Obligations of such Person issued or assumed as the deferred purchase price of property, all conditional sale
obligations and all Obligations under any title retention agreement (but excluding trade accounts payable and other accrued liabilities arising in the ordinary course of business that are not overdue by 90 days or more or are being contested in good
faith by appropriate proceedings promptly instituted and diligently conducted); 
 (5) all Obligations of such
Person for the reimbursement of any obligor on any letter of credit, banker’s acceptance or similar credit transaction (other than Obligations with respect to letters of credit securing Obligations (other than Obligations described in clauses
(1) through (4) above) entered into in the ordinary course of business of such Person to the extent such letters of credit are not drawn upon or, if and to the extent drawn upon, such drawing is reimbursed no later than the third Business
Day following receipt by such Person of demand for reimbursement following payment on the letter of credit); 
 (6) all Obligations of the type referred to in clauses (1) through (5) above of other Persons and all dividends of other Persons for the payment of which, in either case, such Person is responsible or liable as obligor, guarantor
or otherwise; 
 (7) all Obligations of any other Person of the type referred to in clauses (1) through
(6) which are secured by any Lien on any property or asset of such Person, the amount of such Obligation being deemed to be the lesser of the Fair Market Value of such property or asset or the amount of the Obligation so secured (whether or not
such Obligation is assumed by such Person); and 
 (8) any amendments, modifications, refundings, renewals or
extensions of any indebtedness or obligation described as Debt in clauses (1) through (7) above. 
  

 4 

 “Depositary” means, with respect to the Securities of any series issuable
or issued in the form of one or more Registered Global Securities, the Person designated as Depositary by the Issuer pursuant to Section 2.3 until a successor Depositary shall have become such pursuant to the applicable provisions of this
Indenture, and thereafter “Depositary” shall mean or include each Person who is then a Depositary hereunder, and if at any time there is more than one such Person, “Depositary” as used with respect to the Securities of any such
series shall mean the Depositary with respect to the Registered Global Securities of that series. 
 “Dollar”
means the coin or currency of the United States of America as at the time of payment is legal tender for the payment of public and private debts. 
 “Domestic Subsidiary” means each Subsidiary of the Issuer organized in the United States or a political subdivision thereof. 
 “ECU” means the European Currency Unit as defined and revised from time to time by the Council of European Communities.

 “Event of Default” means any event or condition specified as such in Section 5.1. 
 “Exempted Debt” shall mean the sum of (a) Debt of the Issuer and its Subsidiaries incurred after the date as of which
this Indenture is dated and secured by liens created, assumed or permitted to exist pursuant to Section 3.6(b) and (b) Attributable Debt of the Issuer and its Subsidiaries in respect of all sale and leaseback transactions entered into
pursuant to Section 3.6(d). 
 “Fair Market Value” means, with respect to any asset or property, the price
which could be negotiated in an arm’s-length, free market transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the transaction. Fair market value shall
be determined by the Board of Directors of the Issuer acting reasonably and in good faith and shall be evidenced by a Board Resolution. 
 “Foreign Assets” means those assets of the Issuer or any of its Subsidiaries that (a) consist of capital stock or other equity interests of Subsidiaries that are not Domestic
Subsidiaries, (b) are assets owned by Subsidiaries that are not Domestic Subsidiaries or (c) are located outside of the United States. 
 “Foreign Currency” means a currency issued by the government of a country other than the United States. 
 “Guarantee” or “Guarantees” means the unconditional guarantee of the payment of the principal of, any premium or interest on the Securities by each of the Guarantors, as
more fully set forth in Article 13. 
 “Guarantor” or “Guarantors” means the Persons named in
Schedule A hereto; provided that any Person constituting a Guarantor as described above shall cease to constitute a Guarantor when its Guarantee is released in accordance with the terms of this Indenture. 
  

 5 

 “Guarantors’ Board of Directors” means the boards of directors of each
Guarantor or any committee of any such board duly authorized to act generally or in any particular respect for the respective Guarantor hereunder. 
 “Guarantors’ Officer’s Certificate” means a certificate signed by the chairman of the Guarantors’ Board of Directors, a vice chairman, the president, the chief financial
officer, the chief investment officer, the chief accounting officer, the general counsel or the secretary of each Guarantor, that complies with the requirements of Section 314(e) of the Trustee Indenture Act and is delivered to the Trustee.

 “Holder”, “Holder of Securities”, “Securityholder” or other similar terms
mean (a) in the case of any Registered Security, the person in whose name such Security is registered in the security register kept by the Issuer for that purpose in accordance with the terms hereof, and (b) in the case of any Unregistered
Security, the bearer of such Security, or any Coupon appertaining thereto, as the case may be. 
 “Indenture”
means this instrument as originally executed and delivered or, if amended or supplemented as herein provided, as so amended or supplemented or both, and shall include the forms and terms of particular series of Securities established as contemplated
hereunder. 
 “Interest” means, when used with respect to non-interest bearing Securities, interest payable
after maturity. 
 “Issuer” means The Lubrizol Corporation, an Ohio corporation and, subject to Article Nine,
its successors and assigns. 
 “Issuer Order” means a written statement, request or order of the Issuer signed
in its name by the chairman of the Board of Directors, the chief executive officer, the president, the chief financial officer, the treasurer, the controller or any other officer designated by the Board of Directors or any of the foregoing officers
of the Issuer. 
 “Judgment Currency” shall have the meaning set forth in Section 11.12. 
 “Lien” shall mean any mortgage, pledge, lien, security interest or other encumbrance. 
 “Mortgage” shall have the meaning set forth in Section 3.6. 
 “Net Rental Payments” under any lease for any period shall mean the sum of monies and other payments required to be paid by
the lessee under such lease as rent thereunder, not including, by way of example, amounts payable by the lessee for maintenance and repairs, financing services, insurance, taxes, assessments and similar charges and for contingent rents (such as
those based on sales). 
 “Obligations” shall mean all obligations for principal, premium, interest, penalties,
fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Debt. 
  

 6 

 “Officer” shall mean, with respect to any Person, the chief executive
officer, the chief financial officer, treasurer, president or any vice president of such Person. 
 “Officer’s
Certificate” means a certificate signed by the chairman of the Board of Directors, the chief executive officer, the president, the chief financial officer, the treasurer, the controller or any other officer designated by the Board of
Directors or any of the foregoing officers of the Issuer and delivered to the Trustee. Each such certificate shall comply with Section 314 of the Trust Indenture Act of 1939 and include the statements provided for in Section 11.5.

 “Opinion of Counsel” means an opinion in writing signed by the General Counsel of the Issuer or other
applicable Person or by such other legal counsel who may be an employee of or counsel to the Issuer or other applicable Person and who shall be satisfactory to the Trustee. Each such opinion shall comply with Section 314 of the Trust Indenture
Act of 1939 and include the statements provided for in Section 11.5. 
 “original issue date” of any
Security (or portion thereof) means the earlier of (a) the date of such Security or (b) the date of any Security (or portion thereof) for which such Security was issued (directly or indirectly) on registration of transfer, exchange or
substitution. 
 “Original Issue Discount Security” means any Security that provides for an amount less than
the principal amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 5.1. 
 “Outstanding,” when used with reference to Securities, shall, subject to the provisions of Section 7.4, mean, as of any particular time, all Securities authenticated and delivered by
the Trustee under this Indenture, except 
 (a) Securities theretofore cancelled by the Trustee or delivered to
the Trustee for cancellation; 
 (b) Securities, or portions thereof, for the payment or redemption of which
moneys or U.S. Government Obligations (as provided for in Section 10.1) in the necessary amount shall have been deposited in trust with the Trustee or with any paying agent (other than the Issuer) or shall have been set aside, segregated and
held in trust by the Issuer for the Holders of such Securities (if the Issuer shall act as its own paying agent), provided that if such Securities, or portions thereof, are to be redeemed prior to the maturity thereof, notice of such
redemption shall have been given as herein provided, or provision satisfactory to the Trustee shall have been made for giving such notice; and 
 (c) Securities which shall have been paid or in substitution for which other Securities shall have been authenticated and delivered pursuant to the terms of Section 2.9 (except with respect to any
such Security as to which proof satisfactory to the Trustee is presented that such Security is held by a person in whose hands such Security is a legal, valid and binding obligation of the Issuer). 
 In determining whether the Holders of the requisite principal amount of Outstanding Securities of any or all series have given any request,
demand, authorization,

  

 7 

 
direction, notice, consent or waiver hereunder, the principal amount of an Original Issue Discount Security that shall be deemed to be Outstanding for such purposes shall be the amount of the
principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the maturity thereof pursuant to Section 5.1. 
 “Periodic Offering” means an offering of Securities of a series from time to time, the specific terms of which Securities,
including, without limitation, the rate or rates of interest, if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Issuer or its agents upon the issuance
of such Securities. 
 “Person” means any individual, corporation, partnership, joint venture, association,
joint stock company, trust, unincorporated organization or government or any agency or political subdivision’ thereof. 
 “principal” whenever used with reference to the Securities or any Security or any portion thereof, shall be deemed to include “and premium, if any”. 
 “Principal Manufacturing Property” shall mean any manufacturing plant or any testing or research and development facility
of the Issuer or a Subsidiary located in the United States of America (other than its territories and possessions) or Puerto Rico unless, in the opinion of the Board of Directors, such plant or facility is not of material importance to the total
business conducted by the Issuer and its consolidated Subsidiaries. 
 “record date” shall have the meaning set
forth in Section 2.7. 
 “Registered Global Security”, means a Security evidencing all or a part of a
series of Registered Securities, issued to the Depositary for such series in accordance with Section 2.4, and bearing the legend prescribed in Section 2.4. 
 “Registered Security” means any Security registered on the Security register of the Issuer. 
 “Required Currency” shall have the meaning set forth in Section 11.12. 
 “Responsible Officer” when used with respect to the Trustee means the chairman of the Board of Directors, any vice chairman of the board of directors, the chairman of the trust committee,
the chairman of the executive committee, any vice chairman of the executive committee, the president, any vice president (whether or not designated by numbers or words added before or after the title “vice president”), the cashier, the
secretary, the treasurer, any trust officer, any assistant trust officer, any assistant vice president, any assistant cashier, any assistant secretary, any assistant treasurer, or any other officer or assistant officer of the Trustee customarily
performing functions similar to those performed by the persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of his knowledge of and familiarity with the particular subject.

 “Restricted Subsidiary” shall mean any Subsidiary which owns or is the lessee of any Principal Manufacturing
Property or is otherwise designated by the Board of Directors as a

  

 8 

 
Restricted Subsidiary; provided, however, that the term “Restricted Subsidiary” does not include any Subsidiary acquired or organized for the purpose of acquiring the stock or business
or assets of any Person other than the Issuer or any Restricted Subsidiary, whether by merger, consolidation, acquisition of stock or assets or similar transaction, so long as such Subsidiary does not acquire all or any substantial part of the
business or assets of the Issuer or any other Restricted Subsidiary. For purposes of Section 3.8 and Article 13, “Restricted Subsidiary” shall mean (1) any Wholly Owned Subsidiary of the Issuer substantially all of the assets of
which are located in the United States (excluding territories or possessions) and (2) any Wholly Owned Subsidiary of the Issuer which owns, directly or indirectly, any stock or indebtedness of a Restricted Subsidiary (as defined for purposes of
Section 3.8 and Article 13). 
 “Security” or “Securities” (except as otherwise provided
in Section 6.8) has the meaning stated in the first recital of this Indenture, or, as the case may be, Securities that have been authenticated and delivered under this Indenture. 
 “Subsidiary” means any corporation, partnership or other entity of which at the time of determination the Issuer owns or
controls directly or indirectly more than 50% of the shares of voting stock or equivalent interest; provided that the term Subsidiary shall not include Agrigenetics, L.P. 
 “Trust Indenture Act of 1939” (except as otherwise required by applicable law or as provided in Sections 8.1 and 8.2) means
the Trust Indenture Act of 1939 as in force at the date as of which this Indenture was originally executed. 
 “Trustee” means the Person identified as “Trustee” in the first paragraph hereof and, subject to the provisions of Article Six, shall also include any successor trustee. “Trustee” shall also mean or
include each Person who is then a trustee hereunder and if at any time there is more than one such Person, “Trustee” as used with respect to the Securities of any series shall mean the trustee with respect to the Securities of such series.

 “Unregistered Security” means any Security other than a Registered Security. 
 “U.S. Government Obligations” shall have the meaning set forth in Section 10.1(A). 
 “Wholly Owned Subsidiary” means, with respect to the Issuer, any Subsidiary of which all of the outstanding voting
securities are owned by the Issuer or any other Wholly Owned Subsidiary of the Issuer. 
 “Yield to Maturity”
means the yield to maturity on a series of Securities, calculated at the time of issuance of such series, or, if applicable, at the most recent redetermination of interest on such series, and calculated in accordance with accepted financial
practice. 
  

 9 

 ARTICLE TWO 
 SECURITIES 
 SECTION 2.1 Forms Generally. The Securities of each
series and the Coupons, if any, to be attached thereto shall be substantially in such form (not inconsistent with this Indenture) as shall be established by or pursuant to one or more Board Resolutions (as set forth in a Board Resolution or, to the
extent established pursuant to rather than set forth in a Board Resolution, an Officer’s Certificate detailing such establishment) or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions,
substitutions and other variations as are required or permitted by this Indenture and may have imprinted or otherwise reproduced thereon such legend or legends or endorsements, not inconsistent with the provisions of this Indenture, as may be
required to comply with any law or with any rules or regulations pursuant thereto, or with any rules of any securities exchange or to conform to general usage, all as may be determined by the officers executing such Securities and Coupons, if any,
as evidenced by their execution of such Securities and Coupons. 
 The definitive Securities and Coupons, if any, shall be
printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such Securities and Coupons, if any, as evidenced by their execution of such Securities and Coupons, if
any. 
 SECTION 2.2 Form of Trustee’s Certificate of Authentication. The Trustee’s certificate of
authentication on all Securities shall be in substantially the following form: 
 “This is one of the Securities referred
to in the within-mentioned Indenture. 
  

			
	                                       
                                         
    ,
	 	 	as Trustee
		
	By	 	  

		 	 Authorized Officer”

  

 10 

 If at any time there shall be an Authenticating Agent appointed with respect to any series
of Securities, then the Trustee’s Certificate of Authentication to be borne by the Securities of each such series shall be substantially as follows: 
 “This is one of the Securities referred to in the within-mentioned Indenture. 
  

			
	                                       
                                         
    ,
	 	 	 as Authenticating Agent

		
	By	 	  

		 	Authorized Officer”

 SECTION 2.3 Amount Unlimited; Issuable in Series. The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited. 
 The Securities may be issued in one or more series and each such series shall rank equally and pari passu with all other unsecured and
unsubordinated debt of the Issuer. There shall be established in or pursuant to one or more Board Resolutions (and to the extent established pursuant to rather than set forth in a Board Resolution, in an Officer’s Certificate detailing such
establishment) or established in one or more indentures supplemental hereto, prior to the initial issuance of Securities of a series, 
 (1) the designation of the Securities of the series, which shall distinguish the Securities of the series from the Securities of all other series; 
 (2) any limit upon the aggregate principal amount of the Securities of the series that 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 2.8, 2.9, 2.11, 8.5 or 12.3); 
 (3) if other than Dollars, the coin or currency in which the Securities of that series are denominated (including, but not
limited to, any Foreign Currency or ECU); 
 (4) the date or dates on which the principal of the Securities of
the series is payable; 
 (5) the rate or rates at which the Securities of the series shall bear interest, if
any, the date or dates from which such interest shall accrue, on which such interest shall be payable and (in the case of Registered Securities) on which a record shall be taken for the determination of Holders to whom interest is payable and/or the
method by which such rate or rates or date or dates shall be determined; 
 (6) the place or places where the
principal of and any interest on Securities of the series shall be payable (if other than as provided in Section 3.2); 
 (7) the right, if any, of the Issuer to redeem Securities of the series, in whole or in part, at its option and the period or periods within which, the price or prices at which and any terms and
conditions upon which Securities of the series may be so redeemed, pursuant to any sinking fund or otherwise; 
  

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 (8) the obligation, if any, of the Issuer to redeem, purchase or repay
Securities of the series pursuant to any mandatory redemption, sinking fund or analogous provisions or at the option of a Holder thereof and the price or prices at which and the period or periods within which and any terms and conditions upon which
Securities of the series shall be redeemed, purchased or repaid, in whole or in part, pursuant to such obligation; 
 (9) if other than denominations of $1,000 and any integral multiple thereof in the case of Registered Securities, or $1,000 and $5,000 in the case of Unregistered Securities, the denominations in which Securities of the series shall be
issuable; 
 (10) if other than the principal amount thereof, the portion of the principal amount of Securities
of the series which shall be payable upon declaration of acceleration of the maturity thereof; 
 (11) if other
than the coin or currency in which the Securities of that series are denominated, the coin or currency in which payment of the principal of or interest on the Securities of such series shall be payable; 
 (12) if the principal of or interest on the Securities of such series are to be payable, at the election of the Issuer or a
Holder thereof, in a coin or currency other than that in which the Securities are denominated, the period or periods within which, and the terms and conditions upon which, such election may be made; 
 (13) if the amount of payments of principal of and interest on the Securities of the series may be determined with reference
to an index based on a coin or currency other than that in which the Securities of the series are denominated, the manner in which such amounts shall be determined; 
 (14) whether the Securities of the series will be issuable as Registered Securities (and if so, whether such Securities will
be issuable as Registered Global Securities) or Unregistered Securities (with or without Coupons), or any combination of the foregoing, any restrictions applicable to the offer, sale or delivery of Unregistered Securities or the payment of interest
thereon and, if other than as provided in Section 2.8, the terms upon which Unregistered Securities of any series may be exchanged for Registered Securities of such series and vice versa; 
 (15) whether and under what circumstances the Issuer will pay additional amounts on the Securities of the series held by a
person who is not a U.S. person in respect of any tax, assessment or governmental charge withheld or deducted and, if so, whether the Issuer will have the option to redeem such Securities rather than pay such additional amounts; 
 (16) if the Securities of such series are to be issuable in definitive form (whether upon original issue or upon exchange of
a temporary Security of such series) only upon receipt of certain certificates or other documents or satisfaction of other conditions, the form and terms of such certificates, documents or conditions; 
  

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 (17) any trustees, depositaries, authenticating or paying agents, transfer
agents or registrars or any other agents with respect to the Securities of such series; 
 (18) any other events
of default or covenants with respect to the Securities of such series; 
 (19) whether the Securities of the
series shall be issued in the form of one or more Registered Global Securities and, in such case, the Depositary for such Registered Global Security or Securities; and 
 (20) any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture). 

All Securities of any one series and Coupons, if any, appertaining thereto, shall be substantially identical, except in the case of
Registered Securities as to denomination and except as may otherwise be provided by or pursuant to the Board Resolution or Officer’s Certificate referred to above or as set forth in any such indenture supplemental hereto. 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 such Board Resolution, such Officer’s Certificate or in any such indenture
supplemental hereto. 
 SECTION 2.4 Authentication and Delivery of Securities. The Issuer may deliver Securities of any
series having attached thereto appropriate Coupons, if any, executed by the Issuer to the Trustee for authentication together with the applicable documents referred to below in this Section, and the Trustee shall thereupon authenticate and deliver
such Securities to or upon the order of the Issuer (contained in the Issuer Order referred to below in this Section) or pursuant to such procedures acceptable to the Trustee and to such recipients as may be specified from time to time by an Issuer
Order. The maturity date, original issue date, interest rate and any other terms of the Securities of such series and Coupons, if any, appertaining thereto shall be determined by or pursuant to such Issuer Order and procedures. If provided for in
such procedures, such Issuer Order may authorize authentication and delivery pursuant to oral instructions from the Issuer or its duly authorized agent, which instructions shall be promptly confirmed in writing. In authenticating such Securities and
accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive (in the case of subparagraphs 2, 3 and 4 below only at or before the time of the first request of the Issuer to
the Trustee to authenticate Securities of such series) and (subject to Section 6.1) shall be fully protected in relying upon, unless and until such documents have been superseded or revoked: 
 (1) an Issuer Order requesting such authentication and setting forth delivery instructions if the Securities and Coupons, if
any, are not to be delivered to the Issuer, provided that, with respect to Securities of a series subject to a Periodic Offering, (a) such Issuer Order may be delivered by the Issuer to the Trustee prior to the delivery to the Trustee of such
Securities for authentication and delivery, (b) the Trustee shall authenticate and deliver Securities of such series for original issue from time to time, in an aggregate principal amount not exceeding the aggregate principal amount established
for such series, pursuant to an Issuer Order or pursuant to procedures acceptable to the

  

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Trustee as may be specified from time to time by an Issuer Order, (c) the maturity date or dates, original issue date or dates, interest rate or rates and any other terms of Securities of
such series shall be determined by an Issuer Order or pursuant to such procedures and (d) if provided for in such procedures, such Issuer Order may authorize authentication and delivery pursuant to oral or electronic instructions from the
Issuer or its duly authorized agent or agents, which oral instructions shall be promptly confirmed in writing; 
 (2) any Board Resolution, Officer’s Certificate and/or executed supplemental indenture referred to in Sections 2.1 and 2.3 by or pursuant to which the forms and terms of the Securities and Coupons, if any, were established; 

(3) an Officer’s Certificate setting forth the form or forms and terms of the Securities and Coupons, if any, stating
that the form or forms and terms of the Securities and Coupons, if any, have been established pursuant to Sections 2.1 and 2.3 and comply with this Indenture, and covering such other matters as the Trustee may reasonably request; and 
 (4) At the option of the Issuer, either Opinions of Counsel, or letters addressed to the Trustee permitting it to rely on
Opinions of Counsel, substantially to the effect that: 
 (a) the forms of the Securities and Coupons, if any,
have been duly authorized and established in conformity with the provisions of this Indenture; 
 (b) in the case
of an underwritten offering, the terms of the Securities have been duly authorized and established in conformity with the provisions of this Indenture, and, in the case of an offering that is not underwritten, certain terms of the Securities have
been established pursuant to a Board Resolution, an Officer’s Certificate or a supplemental indenture in accordance with this Indenture, and when such other terms as are to be established pursuant to procedures set forth in an Issuer Order
shall have been established, all such terms will have been duly authorized by the Issuer and will have been established in conformity with the provisions of this Indenture; 
 (c) when the Securities and Coupons, if any, have been executed by the Issuer and authenticated by the Trustee in accordance
with the provisions of this Indenture and delivered to and duly paid for by the purchasers thereof, they will have been duly issued under this Indenture and will be valid and legally binding obligations of the Issuer, enforceable in accordance with
their respective terms, and will be entitled to the benefits of this Indenture; and 
 (d) the execution and
delivery by the Issuer of, and the performance by the Issuer of its obligations under, the Securities and Coupons, if any, will not contravene any provision of applicable law or the articles of incorporation or regulations of the Issuer or any
agreement or other instrument binding upon the Issuer or any of its Subsidiaries that is material to the Issuer and its Subsidiaries, considered as one enterprise, or, to the best of such counsel’s knowledge, any

  

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judgment, order or decree of any governmental body, agency or court having jurisdiction over the Issuer or any Subsidiary, and no consent, approval or authorization of any governmental body or
agency is required for the performance by the Issuer of its obligations under the Securities and Coupons, if any, except such as are specified and have been obtained and such as may be required by the securities or blue sky laws of the various
states in connection with the offer and sale of the Securities and Coupons, if any. 
 In rendering such opinions, such counsel
may qualify any opinions as to enforceability by stating that such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium and other similar laws affecting the rights and remedies of creditors and is subject
to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). Such counsel may rely, as to all matters governed by the laws of jurisdictions other than the State of New York and the
State of Ohio and the federal law of the United States, upon opinions of other counsel (copies of which shall be delivered to the Trustee), who shall be counsel reasonably satisfactory to the Trustee, in which case the opinion shall state that such
counsel believes he and the Trustee are entitled so to rely. Such counsel may also state that, insofar as such opinion involves factual matters, he has relied, to the extent he deems proper, upon certificates of officers of the Issuer and its
Subsidiaries and certificates of public officials. 
 The Trustee shall have the right to decline to authenticate and deliver
any Securities under this Section if the Trustee, being advised by counsel, determines that such action may not lawfully be taken by the Issuer or if the Trustee in good faith by its board of directors or board of trustees, executive committee, or a
trust committee of directors or trustees or Responsible Officers shall determine that such action would expose the Trustee to personal liability to existing Holders or would affect the Trustee’s own rights, duties or immunities under the
Securities, this Indenture or otherwise. 
 If the Issuer shall establish pursuant to Section 2.3 that the Securities of a
series are to be issued in the form of one or more Registered Global Securities, then the Issuer shall execute and the Trustee shall, in accordance with this Section and the Issuer Order with respect to such series, authenticate and deliver one or
more Registered Global Securities that (i) shall represent and shall be denominated in an amount equal to the aggregate principal amount of all of the Securities of such series to be represented by such Registered Global Security or Securities,
(ii) shall be registered in the name of the Depositary for such Registered Global Security or Securities or the nominee of such Depositary, (iii) shall be delivered by the Trustee to such Depositary or pursuant to such Depositary’s
instructions and (iv) shall bear a legend substantially to the following effect: “Unless this certificate is presented by an authorized representative of a Depositary to the Issuer or its agent for registration of transfer, exchange or
payment, and any certificate issued is registered in the name of the nominee of such Depositary or such other name as requested by an authorized representative of such Depositary and any payment is made to the nominee of such Depositary, ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL since the registered owner hereof, the nominee, has an interest herein.” 
  

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 Each Depositary designated pursuant to Section 2.3 must, at the time of its designation
and at all times while it serves as Depositary, be a clearing agency registered under the Securities Exchange Act of 1934 and any other applicable statute or regulation. 
 SECTION 2.5 Execution of Securities. The Securities and, if applicable, each Coupon appertaining thereto shall be signed on behalf of the Issuer by any two of the chairman of its Board of Directors
or its chief executive officer or its president or its chief financial officer or its treasurer or its controller or any other officer designated by the Board of Directors, under its corporate seal (except in the case of Coupons) which may, but need
not, be attested. Such signatures may be the manual or facsimile signatures of the present or any future such officers. The seal of the Issuer may be in the form of a facsimile thereof and may be impressed, affixed, imprinted or otherwise reproduced
on the Securities. Typographical and other minor errors or defects in any such reproduction of the seal or any such signature shall not affect the validity or enforceability of any Security that has been duly authenticated and delivered by the
Trustee. 
 In case any officer of the Issuer who shall have signed any of the Securities or Coupons, if any, shall cease to be
such officer before the Security or Coupon so signed (or the Security to which the Coupon so signed appertains) shall be authenticated and delivered by the Trustee or disposed of by the Issuer, such Security or Coupon nevertheless may be
authenticated and delivered or disposed of as though the person who signed such Security or Coupon had not ceased to be such officer of the Issuer; and any Security or Coupon may be signed on behalf of the Issuer by such persons as, at the actual
date of the execution of such Security or Coupon, shall be the proper officers of the Issuer, although at the date of the execution and delivery of this Indenture any such person was not such an officer. 
 SECTION 2.6 Certificate of Authentication. Only such Securities as shall bear thereon a certificate of authentication substantially
in the form hereinbefore recited, executed by the Trustee by the manual signature of one of its authorized officers, shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. No Coupon shall be entitled to the
benefits of this Indenture or shall be valid and obligatory for any purpose until the certificate of authentication on the Security to which such Coupon appertains shall have been duly executed by the Trustee. The execution of such certificate by
the Trustee upon any Security executed by the Issuer shall be conclusive evidence that the Security so authenticated has been duly authenticated and delivered hereunder and that the Holder is entitled to the benefits of this Indenture. 

SECTION 2.7 Denomination and Date of Securities; Payments of Interest. The Securities of each series shall be issuable as
Registered Securities or Unregistered Securities in denominations established as contemplated by Section 2.3 or, with respect to the Registered Securities of any series, if not so established, in denominations of $1,000 and any integral
multiple thereof. If denominations of Unregistered Securities of any series are not so established, such Securities shall be issuable in denominations of $1,000 and $5,000. The Securities of each series shall be numbered, lettered or otherwise
distinguished in such manner or in accordance with such plan as the officers of the Issuer executing the same may determine with the approval of the Trustee, as evidenced by the execution and authentication thereof. 
  

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 Each Registered Security shall be dated the date of its authentication. Each Unregistered
Security shall be dated as provided in the resolution or resolutions of the Board of Directors of the Issuer referred to in Section 2.3. The Securities of each series shall bear interest, if any, from the date, and such interest shall be
payable on the dates, established as contemplated by Section 2.3. 
 Unless otherwise provided in the Registered Securities
of any series, the person in whose name any Registered Security of any series is registered at the close of business on any record date applicable to a particular series with respect to any interest payment date for such series shall be entitled to
receive the interest, if any, payable on such interest payment date notwithstanding any transfer or exchange of such Registered Security subsequent to the record date and prior to such interest payment date, except if and to the extent the Issuer
shall default in the payment of the interest due on such interest payment date for such series, in which case such defaulted interest shall be paid to the persons in whose names Outstanding Registered Securities for such series are registered at the
close of business on a subsequent record date (which shall be not less than five Business Days prior to the date of payment of such defaulted interest) established by notice given by mail by or on behalf of the Issuer to the Holders of Registered
Securities not less than 15 days preceding such subsequent record date. The term “record date” as used with respect to any interest payment date (except a date for payment of defaulted interest) for the Securities of any series shall mean
the date specified as such in the terms of the Registered Securities of such series established as contemplated by Section 2.3, or, if no such date is so established, if such interest payment date is the first day of a calendar month, the
fifteenth day of the next preceding calendar month or, if such interest payment date is the fifteenth day of a calendar month, the first day of such calendar month, whether or not such record date is a Business Day. 
 SECTION 2.8 Registration, Transfer and Exchange. The Issuer will keep at each office or agency to be maintained for the purpose as
provided in Section 3.2 for each series of Securities a register or registers in which, subject to such reasonable regulations as it may prescribe, it will provide for the registration of Registered Securities of such series and the
registration of transfer of Registered Securities of such series. Such register shall be in written form in the English language or in any other form capable of being converted into such form within a reasonable time. At all reasonable times such
register or registers shall be open for inspection by the Trustee. 
 Upon due presentation for registration of transfer of any
Registered Security of any series at any such office or agency to be maintained for the purpose as provided in Section 3.2, the Issuer shall execute and the Trustee shall authenticate and deliver in the name of the transferee or transferees a
new Registered Security or Registered Securities of the same series, maturity date, interest rate and original issue date in authorized denominations for a like aggregate principal amount. 
 Unregistered Securities (except for any temporary global Unregistered Securities) and Coupons (except for Coupons attached to any temporary
global Unregistered Securities) shall be transferable by delivery. 
  

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 At the option of the Holder thereof, Registered Securities of any series (other than a
Registered Global Security, except as set forth below) may be exchanged for a Registered Security or Registered Securities of such series having authorized denominations and an equal aggregate principal amount, upon surrender of such Registered
Securities to be exchanged at the agency of the Issuer that shall be maintained for such purpose in accordance with Section 3.2 and upon payment, if the Issuer shall so require, of the charges hereinafter provided. If the Securities of any
series are issued in both registered and unregistered form, except as otherwise specified pursuant to Section 2.3, at the option of the Holder thereof, Unregistered Securities of any series may be exchanged for Registered Securities of such
series having other authorized denominations and an equal aggregate principal amount, upon surrender of such Unregistered Securities to be exchanged at the agency of the Issuer that shall be maintained for such purpose in accordance with
Section 3.2, with, in the case of Unregistered Securities that have Coupons attached, all unmatured Coupons and all matured Coupons in default thereto appertaining, and upon payment, if the Issuer shall so require, of the charges hereinafter
provided. At the option of the Holder thereof, if Unregistered Securities of any series, maturity date, interest rate and original issue date are issued in more than one authorized denomination, except as otherwise specified pursuant to
Section 2.3, such Unregistered Securities may be exchanged for Unregistered Securities of such series having authorized denominations and an equal aggregate principal amount, upon surrender of such Unregistered Securities to be exchanged at the
agency of the Issuer that shall be maintained for such purpose in accordance with Section 3.2 or as specified pursuant to Section 2.3, with, in the case of Unregistered Securities that have Coupons attached, all unmatured Coupons and all
matured Coupons in default thereto appertaining, and upon payment, if the Issuer shall so require, of the charges hereinafter provided. Unless otherwise specified pursuant to Section 2.3, Registered Securities of any series may not be exchanged
for Unregistered Securities of such series. Whenever any Securities are so surrendered for exchange, the Issuer shall execute, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to
receive. All Securities and Coupons surrendered upon any exchange or transfer provided for in this Indenture shall be promptly cancelled and disposed of by the Trustee and the Trustee will deliver a certificate of disposition thereof to the Issuer.

 All Registered Securities presented for registration of transfer, exchange, redemption or payment shall (if so required by
the Issuer or the Trustee) be duly endorsed by, or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Issuer and the Trustee duly executed by the Holder or his attorney duly authorized in writing.

 The Issuer may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in
connection with any exchange or registration of transfer of Securities. No service charge shall be made for any such transaction. 
 The Issuer shall not be required to exchange or register a transfer of (a) any Securities of any series for a period of 15 days next preceding the first mailing of notice of redemption of Securities of such series to be redeemed or
(b) any Securities selected, called or being called for redemption, in whole or in part, except, in the case of any Security to be redeemed in part, the portion thereof not so to be redeemed. 
  

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 Notwithstanding any other provision of this Section 2.8, unless and until it is
exchanged in whole or in part for Securities in definitive registered form, a Registered Global Security representing all or a portion of the Securities of a series may not be transferred except as a whole by the Depositary for such series to a
nominee of such Depositary or by a nominee of such Depositary to such Depositary or another nominee of such Depositary or by such Depositary or any such nominee to a successor Depositary for such series or a nominee of such successor Depositary.

 If at any time the Depositary for any Registered Securities of a series represented by one or more Registered Global
Securities notifies the Issuer that it is unwilling or unable to continue as Depositary for such Registered Securities or if at any time the Depositary for such Registered Securities shall no longer be eligible under Section 2.4, the Issuer
shall appoint a successor Depositary eligible under Section 2.4 with respect to such Registered Securities. If a successor Depositary eligible under Section 2.4 for such Registered Securities is not appointed by the Issuer within 90 days
after the Issuer receives such notice or becomes aware of such ineligibility, the Issuer’s election pursuant to Section 2.3 that such Registered Securities be represented by one or more Registered Global Securities shall no longer be
effective and the Issuer will execute, and the Trustee, upon receipt of an Officer’s Certificate for the authentication and delivery of definitive Securities of such series, will authenticate and deliver, Securities of such series in definitive
registered form without coupons, in any authorized denominations, in an aggregate principal amount equal to the principal amount of the Registered Global Security or Securities representing such Registered Securities in exchange for such Registered
Global Security or Securities. 
 The Issuer may at any time and in its sole discretion determine that the Registered Securities
of any series issued in the form of one or more Registered Global Securities shall no longer be represented by a Registered Global Security or Securities. In such event the Issuer will execute, and the Trustee, upon receipt of an Officer’s
Certificate for the authentication and delivery of definitive Securities of such series, will authenticate and deliver, Securities of such series in definitive registered form without coupons, in any authorized denominations, in an aggregate
principal amount equal to the principal amount of the Registered Global Security or Securities representing such Registered Securities, in exchange for such Registered Global Security or Securities. 
 If specified by the Issuer pursuant to Section 2.3 with respect to Securities represented by a Registered Global Security, the
Depositary for such Registered Global Security may surrender such Registered Global Security in exchange in whole or in part for Securities of the same series in definitive registered form on such terms as are acceptable to the Issuer and such
Depositary. Thereupon, the Issuer shall execute, and the Trustee shall authenticate and deliver, without service charge, 
 (i) to the Person specified by such Depositary a new Registered Security or Securities of the same series, of any authorized denominations as requested by such Person, in an aggregate principal amount
equal to and in exchange for such Person’s beneficial interest in the Registered Global Security; and 
  

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 (ii) to such Depositary a new Registered Global Security in a denomination
equal to the difference, if any, between the principal amount of the surrendered Registered Global Security and the aggregate principal amount of Registered Securities authenticated and delivered pursuant to clause (i) above. 
 Upon the exchange of a Registered Global Security for Securities in definitive registered form without coupons, in authorized denominations,
such Registered Global Security shall be cancelled by the Trustee or an agent of the Issuer or the Trustee. Securities in definitive registered form without coupons issued in exchange for a Registered Global Security pursuant to this
Section 2.8 shall be registered in such names and in such authorized denominations as the Depositary for such Registered Global Security, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee
or an agent of the Issuer or the Trustee. The Trustee or such agent shall deliver such Securities to or as directed by the Persons in whose names such Securities are so registered. 
 All Securities issued upon any transfer or exchange of Securities shall be valid obligations of the Issuer, evidencing the same debt, and
entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange. 
 Notwithstanding anything herein or in the terms of any series of Securities to the contrary, none of the Issuer, the Trustee or any agent of the Issuer or the Trustee (any of which, other than the Issuer, shall rely on an Officer’s
Certificate and an Opinion of Counsel) shall be required to exchange any Unregistered Security for a Registered Security if such exchange would result in adverse Federal income tax consequences to the Issuer (such as, for example, the inability of
the Issuer to deduct from its income, as computed for Federal income tax purposes, the interest payable on the Unregistered Securities) under then applicable United States Federal income tax laws. 
 SECTION 2.9 Mutilated, Defaced, Destroyed, Lost and Stolen Securities. In case any temporary or definitive Security or any Coupon
appertaining to any Security shall become mutilated, defaced or be destroyed, lost or stolen, the Issuer in its discretion may execute, and upon the written request of any officer of the Issuer, the Trustee shall authenticate and deliver a new
Security of the same series, maturity date, interest rate and original issue date, bearing a number or other distinguishing symbol not contemporaneously outstanding, in exchange and substitution for the mutilated or defaced Security, or in lieu of
and in substitution for the Security so destroyed, lost or stolen with Coupons corresponding to the Coupons appertaining to the Securities so mutilated, defaced, destroyed, lost or stolen, or in exchange or substitution for the Security to which
such mutilated, defaced, destroyed, lost or stolen Coupon appertained, with Coupons appertaining thereto corresponding to the Coupons so mutilated, defaced, destroyed, lost or stolen. In every case the applicant for a substitute Security or Coupon
shall furnish to the Issuer and to the Trustee and any agent of the Issuer or the Trustee such security or indemnity as may be required by them to indemnify and defend and to save each of them harmless and, in every case of destruction, loss or
theft, evidence to their satisfaction of the destruction, loss or theft of such Security or Coupon and of the ownership thereof and in the case of mutilation or defacement shall surrender the Security and related Coupons to the Trustee or such
agent. 
  

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 Upon the issuance of any substitute Security or Coupon, the Issuer may require the payment
of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) or its agent connected therewith. In case any Security or Coupon which
has matured or is about to mature or has been called for redemption in full shall become mutilated or defaced or be destroyed, lost or stolen, the Issuer may instead of issuing a substitute Security, pay or authorize the payment of the same or the
relevant Coupon (without surrender thereof except in the case of a mutilated or defaced Security or Coupon), if the applicant for such payment shall furnish to the Issuer and to the Trustee and any agent of the Issuer or the Trustee such security or
indemnity as any of them may require to save each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Issuer and the Trustee and any agent of the Issuer or the Trustee evidence to their
satisfaction of the destruction, loss or theft of such Security or Coupon and of the ownership thereof. 
 Every substitute
Security or Coupon of any series issued pursuant to the provisions of this Section by virtue of the fact that any such Security or Coupon is destroyed, lost or stolen shall constitute an additional contractual obligation of the Issuer, whether or
not the destroyed, lost or stolen Security or Coupon shall be at any time enforceable by anyone and shall be entitled to all the benefits of (but shall be subject to all the limitations of rights set forth in) this Indenture equally and
proportionately with any and all other Securities or Coupons of such series duly authenticated and delivered hereunder. All Securities and Coupons shall be held and owned upon the express condition that, to the extent permitted by law, the foregoing
provisions are exclusive with respect to the replacement or payment of mutilated, defaced or destroyed, lost or stolen Securities and Coupons and shall preclude any and all other rights or remedies notwithstanding any law or statute existing or
hereafter enacted to the contrary with respect to the replacement or payment of negotiable instruments or other securities without their surrender. 
 SECTION 2.10 Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment
in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or its agent for cancellation or, if surrendered to the Trustee, shall
be cancelled by it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee or its agent shall dispose of cancelled Securities and Coupons held by it and
deliver a certificate of disposition to the Issuer. If the Issuer or its agent shall acquire any of the Securities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities or
Coupons unless and until the same are delivered to the Trustee or its agent for cancellation. 
 SECTION 2.11 Temporary
Securities. Pending the preparation of definitive Securities for any series, the Issuer may execute and the Trustee shall authenticate and deliver temporary Securities for such series (printed, lithographed, typewritten or otherwise reproduced,
in each case in form satisfactory to the Trustee). Temporary Securities of any series shall be issuable as Registered Securities without Coupons, or as Unregistered Securities with or without Coupons attached thereto, of any authorized denomination,
and substantially in the form of the definitive Securities of such series but with such omissions, insertions and variations as may be appropriate for temporary Securities, all as may be determined by the Issuer with the

  

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concurrence of the Trustee as evidenced by the execution and authentication thereof. Temporary Securities may contain such references to any provisions of this Indenture as may be appropriate.
Every temporary Security shall be executed by the Issuer and be authenticated by the Trustee upon the same conditions and in substantially the same manner, and with like effect, as the definitive Securities. Without unreasonable delay the Issuer
shall execute and shall furnish definitive Securities of such series and thereupon temporary Registered Securities of such series may be surrendered in exchange therefor without charge at each office or agency to be maintained by the Issuer for that
purpose pursuant to Section 3.2 and, in the case of Unregistered Securities, at any agency maintained by the Issuer for such purpose as specified pursuant to Section 2.3, and the Trustee shall authenticate and deliver in exchange for such
temporary Securities of such series an equal aggregate principal amount of definitive Securities of the same series having authorized denominations and, in the case of Unregistered Securities, having attached thereto any appropriate Coupons. Until
so exchanged, the temporary Securities of any series shall be entitled to the same benefits under this Indenture as definitive Securities of such series, unless otherwise established pursuant to Section 2.3. The provisions of this Section are
subject to any restrictions or limitations on the issue and delivery of temporary Unregistered Securities of any series that may be established pursuant to Section 2.3 (including any provision that Unregistered Securities of such series
initially be issued in the form of a single global Unregistered Security to be delivered to a depositary or agency located outside the United States and the procedures pursuant to which definitive or global Unregistered Securities of such series
would be issued in exchange for such temporary global Unregistered Security). 
 ARTICLE THREE 
 COVENANTS OF THE ISSUER 
 SECTION 3.1 Payment of Principal and Interest. The Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid the principal
of, and interest on, each of the Securities of such series (together with any additional amounts payable pursuant to the terms of such Securities) at the place or places, at the respective times and in the manner provided in such Securities and in
the Coupons, if any, appertaining thereto and in this Indenture. The interest on Securities with Coupons attached (together with any additional amounts payable pursuant to the terms of such Securities) shall be payable only upon presentation and
surrender of the several Coupons for such interest installments as are evidenced thereby as they severally mature. If any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the
interest on any such temporary Unregistered Security (together with any additional amounts payable pursuant to the terms of such Security) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon
presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation or such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be
established pursuant to Section 2.3. The interest on Registered Securities (together with any additional amounts payable pursuant to the terms of such Securities) shall be payable only to or upon the written order of the Holders thereof and, at
the option of the Issuer, may be paid by wire transfer or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books of the Issuer, unless otherwise provided
in such Securities. 
  

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 SECTION 3.2 Offices for Payments, etc. So long as any Registered Securities are
authorized for issuance pursuant to this Indenture or are outstanding hereunder, the Issuer will maintain in the Borough of Manhattan, The City of New York, an office or agency where the Registered Securities of each series may be presented for
payment, where the Securities of each series may be presented for exchange as is provided in this Indenture and, if applicable, pursuant to Section 2.3 and where the Registered Securities of each series may be presented for registration of
transfer as in this Indenture provided. 
 The Issuer and the Guarantors will maintain one or more offices or agencies in a city
or cities located outside the United States (including any city in which such an agency is required to be maintained under the rules of any stock exchange on which the Securities of such series are listed) where the Unregistered Securities, if any,
of each series and Coupons, if any, appertaining thereto may be presented for payment. No payment on any Unregistered Security or Coupon will be made upon presentation of such Unregistered Security or Coupon at an agency of the Issuer or the
Guarantors within the United States nor will any payment be made by transfer to an account in, or by mail to an address in, the United States unless pursuant to applicable United States laws and regulations then in effect such payment can be made
without adverse tax consequences to the Issuer. Notwithstanding the foregoing, payments in Dollars of Unregistered Securities of any series and Coupons appertaining thereto which are payable in Dollars may be made at an agency of the Issuer or the
Guarantors maintained in the Borough of Manhattan, The City of New York if such payment in Dollars at each agency maintained by the Issuer or the Guarantors outside the United States for payment on such Unregistered Securities is illegal or
effectively precluded by exchange controls or other similar restrictions. 
 The Issuer and the Guarantors will maintain in the
Borough of Manhattan, The City of New York, an office or agency where notices and demands to or upon the Issuer in respect of the Securities of any series, the Coupons appertaining thereto or this Indenture may be served. 
 The Issuer and the Guarantors will give to the Trustee written notice of the location of each such office or agency and of any change of
location thereof. In case the Issuer shall fail to maintain any agency required by this Section to be located in the Borough of Manhattan, The City of New York, or shall fail to give such notice of the location or of any change in the location of
any of the above agencies, presentations and demands may be made and notices may be served at the Corporate Trust Office of the Trustee. 
 The Issuer and the Guarantors may from time to time designate one or more additional offices or agencies where the Securities of a series and any Coupons appertaining thereto may be presented for payment,
where the Securities of that series may be presented for exchange as provided in this Indenture and pursuant to Section 2.3 and where the Registered Securities of that series may be presented for registration of transfer as in this Indenture
provided, and the Issuer and the Guarantors may from time to time rescind any such designation, as the Issuer and the Guarantors may deem desirable or expedient; provided, however, that no such designation or rescission shall in any
manner relieve the Issuer of its obligation to maintain the agencies provided for in this Section. The Issuer will give to the Trustee prompt written notice of any such designation or rescission thereof. 
  

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 SECTION 3.3 Appointment to Fill a Vacancy in Office of Trustee. The Issuer, whenever
necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 6.10, a Trustee, so that there shall at all times be a Trustee with respect to each series of Securities hereunder. 
 SECTION 3.4 Paying Agents. Whenever the Issuer shall appoint a paying agent other than the Trustee with respect to the Securities of
any series, it will cause such paying agent to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section, 
 (a) that it will hold all sums received by it as such agent for the payment of the principal of or interest on the Securities
of such series (whether such sums have been paid to it by the Issuer or by any other obligor on the Securities of such series) in trust for the benefit of the Holders of the Securities of such series, or Coupons appertaining thereto, if any, or of
the Trustee, 
 (b) that it will give the Trustee notice of any failure by the Issuer (or by any other obligor on
the Securities of such series) to make any payment of the principal of or interest on the Securities of such series when the same shall be due and payable, and 
 (c) that it will pay any such sums so held in trust by it to the Trustee upon the Trustee’s written request at any time
during the continuance of the failure referred to in clause (b) above. 
 The Issuer will, on or prior to each due date of
the principal of or interest on the Securities of such series, deposit with the paying agent a sum sufficient to pay such principal or interest so becoming due, and (unless such paying agent is the Trustee) the Issuer will promptly notify the
Trustee of any failure to take such action. 
 If the Issuer shall act as its own paying agent with respect to the Securities of
any series, it will, on or before each due date of the principal of or interest on the Securities of such series, set aside, segregate, and hold in trust for the benefit of the Holders of the Securities of such series or the Coupons appertaining
thereto a sum sufficient to pay such principal or interest so becoming due. The Issuer will promptly notify the Trustee of any failure to take such action. 
 Anything in this Section to the contrary notwithstanding, but subject to Section 10.1, the Issuer may at any time, for the purpose of obtaining a satisfaction and discharge with respect to one or
more or all series of Securities hereunder, or for any other reason, pay or cause to be paid to the Trustee all sums held in trust for any such series by the Issuer or any paying agent hereunder, as required by this Section, such sums to be held by
the Trustee upon the trusts herein contained. 
 Anything in this Section to the contrary notwithstanding, the agreement to hold
sums in trust as provided in this Section is subject to the provisions of Sections 10.3 and 10.4. 
 SECTION 3.5 Written
Statement to Trustee. The Issuer will furnish to the Trustee on or before April 30 in each year (beginning with April 30, 1996) a brief certificate (which need not comply with Section 11.5) from the principal executive, financial
or accounting

  

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officer of the Issuer stating that in the course of the performance by the signer of his duties as an officer of the Issuer he would normally have knowledge of any default or non-compliance by
the Issuer or the Guarantors in the performance of any covenants or conditions contained in this Indenture, stating whether or not he has knowledge of any such default or non-compliance and, if so, specifying each such default or non-compliance of
which the signer has knowledge and the nature thereof. 
 SECTION 3.6 Negative Pledge; Limitation on Sale and Leaseback
Transactions. 
 (a) The Issuer will not issue, assume, incur or guarantee, and will not permit any Restricted Subsidiary to
issue, assume, incur or guarantee, any Debt secured by any mortgage, pledge, lien or other encumbrance (any such mortgage, pledge, lien and other encumbrance being hereinafter called a “Mortgage”), upon any Principal Manufacturing Property
of the Issuer or any Restricted Subsidiary, or upon shares of capital stock or Debt of any Restricted Subsidiary (whether such Principal Manufacturing Property or shares of stock are now owned or hereafter acquired or such Debt is now existing or
hereafter incurred or assumed) without in any such case effectively providing, concurrently with the issuance or assumption of such Debt, that the Securities (together with, if the Issuer shall so determine, any other Debt of the Issuer or such
Restricted Subsidiary ranking equally with the Securities and then existing or thereafter created) shall be secured equally and ratably with such Debt; provided, however, that the foregoing restrictions shall not apply to: 

(i) the creation of Mortgages on any Principal Manufacturing Property (including any improvements on an existing property,
as to which the Mortgage may include such underlying real property as the Issuer may deem necessary for the improvement and unnecessary for the operation of any theretofore existing Principal Manufacturing Property on the same or adjoining real
property) hereafter acquired by the Issuer or a Restricted Subsidiary prior to, at the time of, or within 120 days after the latest of the acquisition, completion of construction or commencement of commercial operation of such property, to secure or
provide for the payment of financing of all or any part of the purchase price thereof or construction of fixed improvements thereon, or, in addition to assumptions in transactions contemplated by subparagraph (ii) below, the assumption of any
Mortgage upon any Principal Manufacturing Property hereafter acquired existing at the time of such acquisitions, or the acquisition of any Principal Manufacturing Property subject to any Mortgage without the assumption thereof; provided that
the aggregate principal amount of Debt secured by any such Mortgage so issued, assumed or existing shall not exceed 100% of the cost of such Principal Manufacturing Property to the corporation acquiring the same or of the fair value thereof (as
determined by resolution adopted by the Board of Directors) at the time of such acquisition, whichever is less, and, provided further, that in the case of any such acquisition, construction or improvement the Mortgage shall not apply
to any property theretofore owned by the Issuer or a Restricted Subsidiary, other than, in the case of any such construction or improvement, any theretofore unimproved real property on which the property so constructed, or the improvement, is
located (which unimproved real property may at the option of the Issuer be segregated by legal description from other real property of the Issuer appurtenant to such Principal Manufacturing Property and subjected to the Mortgage related to such
construction or improvement); 
  

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 (ii) the assumption of any Mortgages on any Principal Manufacturing Property
of a corporation which is merged into or consolidated with the Issuer or a Restricted Subsidiary or substantially all of the assets of which are acquired by the Issuer or a Restricted Subsidiary; provided that such Mortgages were not created
in contemplation of such merger, consolidation or acquisition; 
 (iii) Mortgages on any Principal Manufacturing
Property of the Issuer or a Restricted Subsidiary in favor of the United States of America or any State thereof, or any department, agency or instrumentality or political subdivision of the United States of America or any State thereof, or in favor
of any other country, or any political subdivision thereof, to secure partial, progress, advance or other payments pursuant to any contract or statute or to secure any Debt incurred or guaranteed for the purpose of financing all or any part of the
cost of acquiring, constructing or improving the property subject to such Mortgages (including Mortgages incurred in connection with financings of the type contemplated by Section 103 of the Internal Revenue Code, maritime financings under
Title XI of the United States Code or similar financings); 
 (iv) Mortgages on particular property (or any
proceeds of the sale thereof) to secure all or any part of the cost of exploration, drilling, mining or development thereof (including construction of facilities for field processing of minerals) intended to obtain or materially increase the
production and sale or other disposition of oil, gas, coal, uranium, copper or other minerals therefrom, or any Debt created, issued, assumed or guaranteed to provide funds for any or all such purposes; 
 (v) Mortgages securing Debt of a Restricted Subsidiary owing to the Issuer or another Restricted Subsidiary; and 

(vi) any extension, renewal or replacement (or successive extensions, renewals or replacements) in whole or in part, of
any Mortgage referred to in the foregoing clauses (i) through (v); provided, however, that the principal amount of Debt so secured thereby shall not exceed the principal amount of Debt so secured at the time of such extension,
renewal or replacement, and that such extension, renewal or replacement shall be limited to all or a part of the property which secured the Mortgage so extended, renewed or replaced (plus improvements and construction on such property). 

(b) Notwithstanding the provisions of subsection (a) of this Section, the Issuer or any one or more Restricted Subsidiaries may
issue or assume Debt secured by a Mortgage on a Principal Manufacturing Property in addition to those permitted by subsection (a) of this Section and renew, extend or replace such Mortgages; provided that at the time of such creation,
assumption, renewal, extension or replacement, and after giving effect thereto, Exempted Debt does not exceed 10% of Consolidated Net Tangible Assets. 
 (c) The Issuer will not, nor will it permit any Restricted Subsidiary to, enter into any arrangement with any Person providing for the leasing by the Issuer or any Restricted Subsidiary of any Principal
Manufacturing Property, whether such Principal Manufacturing Property is now owned or hereafter acquired (except for temporary leases for a term, including renewals at the option of the lessee, of not more than three years and except for leases
between

  

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the Issuer and a Restricted Subsidiary or between Restricted Subsidiaries), which property has been or is to be sold or transferred by the Issuer or such Restricted Subsidiary to such Person with
the intention of taking back a lease on such property (a “sale and leaseback transaction”) unless the net proceeds of such sale or transfer shall be at least equal to the fair value of such property as determined by resolution adopted by
the Board of Directors and either: 
 (i) the Issuer or such Restricted Subsidiary would be entitled, pursuant to
the provisions of subsection (a) of this Section, to issue or assume Debt secured by a Mortgage on such property at least equal in amount to the Attributable Debt in respect of such sale and leaseback transaction without equally and ratable
securing the Securities; or 
 (ii) since the date hereof and within a period commencing twelve months prior to
the consummation of such sale and leaseback transaction and ending twelve months after the consummation of such sale and leaseback transaction the Issuer or such Restricted Subsidiary, as the case may be, has expended or will expend, or a
combination of both, for facilities comprising all or a part of a Principal Manufacturing Property an amount equal to (A) the net proceeds of such sale and leaseback transaction and the Issuer elects to designate such amount as a credit against
such sale and leaseback transaction or (B) a part of the net proceeds of such sale and leaseback transaction and the Issuer elects to designate such amount as a credit against such sale and leaseback transaction and applies an amount equal to
the remainder of the net proceeds as provided in clause (iii) hereof; or 
 (iii) such sale and leaseback
transactions does not come within the exceptions provided in clause (i) hereof and the Issuer does not make the election permitted by clause (ii) hereof or makes such election only as to part of such net proceeds, in either which event the
Issuer will, within 120 days after such sale and leaseback transaction, apply an amount equal to the Attributable Debt in respect of such sale and leaseback transaction (less an amount equal to the amount, if any, elected under clause
(ii) hereof) to the retirement (other than any mandatory retirement or by way of payment at maturity) of Debt with a maturity of greater than one year of the Issuer or any Restricted Subsidiary (other than Debt of the Issuer to any Restricted
Subsidiary or of any Restricted Subsidiary to the Issuer or another Restricted Subsidiary). 
 (d) Notwithstanding the
provisions of paragraph (c) of this Section, the Issuer and any Restricted Subsidiary may enter into sale and leaseback transactions in addition to those permitted by paragraph (c) of this Section and without any obligation to make
expenditures for facilities comprising a part or all of a Principal Manufacturing Property or to retire any Debt, provided that at the time of entering into such sale and leaseback transaction and after giving effect thereto, Exempted Debt does not
exceed 10% of Consolidated Net Tangible Assets. 
 SECTION 3.7 Luxembourg Publications. In the event of the publication
of any notice pursuant to Section 5.11, 6.8, 6.10(a), 6.11, 8.2, 10.4, 12.2 or 12.5, the party making such publication in the Borough of Manhattan, The City of New York and London shall also, to the extent that notice is required to be given to
Holders of Securities of any series by applicable Luxembourg law or stock exchange regulation, as evidenced by an Officer’s Certificate delivered to such party, make a similar publication in Luxembourg. 
  

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 SECTION 3.8 Issuance of Subsidiary Guarantees. The Issuer shall not cause or permit
any of its Restricted Subsidiaries, directly or indirectly, to guarantee any Debt of the Issuer unless such Restricted Subsidiary: 
 (1) executes and delivers to the Trustee a supplemental indenture in form reasonably satisfactory to the Trustee pursuant to which such Restricted Subsidiary shall unconditionally Guarantee all of the
Issuer’s obligations under the Securities and this Indenture on the terms set forth in this Indenture; and 
 (2) delivers to the Trustee an Opinion of Counsel (which may contain customary exceptions) that such supplemental indenture has been duly authorized, executed and delivered by such Restricted Subsidiary and constitutes a legal, valid,
binding and enforceable obligation of such Restricted Subsidiary. 
 Thereafter, such Restricted Subsidiary shall be a Guarantor for all
purposes of this Indenture until such Guarantee is released in accordance with the provisions of Article 13. The Issuer may cause any other Restricted Subsidiary to issue a Guarantee and become a Guarantor. 
 ARTICLE FOUR 
 SECURITYHOLDERS LISTS AND REPORTS BY THE 
 ISSUER AND THE TRUSTEE 
 SECTION 4.1 Issuer to Furnish Trustee Information as to Names and Addresses of Securityholders. If and so long as the Trustee shall
not be the Security registrar for the Securities of any series, the Issuer and any other obligor on the Securities will furnish or cause to be furnished to the Trustee a list in such form as the Trustee may reasonably require of the names and
addresses of the Holders of the Registered Securities of such series pursuant to Section 312 of the Trust Indenture Act of 1939 (a) semi-annually not more than 15 days after each record date for the payment of interest on such Registered
Securities, as hereinabove specified, as of such record date and on dates to be determined pursuant to Section 2.3 for non-interest bearing Registered Securities in each year, and (b) at such other times as the Trustee may request in
writing, within thirty days after receipt by the Issuer of any such request as of a date not more than 15 days prior to the time such information is furnished. 
 SECTION 4.2 Preservation and Disclosure of Securityholders Lists. 
 This
Section intentionally left blank. 
 SECTION 4.3 Reports by the Issuer. The Issuer and the Guarantors covenant to file
with the Trustee, within 30 days after the Issuer or the Guarantors, as the case may be, are required to file the same with the Commission, copies of the annual reports and of the information, documents, and other reports that the Issuer or the
Guarantors, as the case may be, may be required to file with the Commission pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 or pursuant to Section 314 of the Trust Indenture Act of 1939. 
 SECTION 4.4 Reports by the Trustee. Any Trustee’s report required under Section 313(a) of the Trust Indenture Act of 1939
shall be transmitted on or before January 15 in each year beginning January 15, 1996, as provided in Section 313(c) of the Trust Indenture Act of 1939, so long as any Securities are Outstanding hereunder, and shall be dated as of a
date convenient to the Trustee no more than 60 days prior thereto. 
  

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 ARTICLE FIVE 
 REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS 
 ON EVENT OF DEFAULT 

SECTION 5.1 Event of Default Defined; Acceleration of Maturity; Waiver of Default. “Event of Default” with respect to
Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by
operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body): 
 (a) default in the payment of any installment of interest upon any of the Securities of such series as and when the same shall become due and payable, and continuance of such default for a period of 30
days; or 
 (b) default in the payment of all or any part of the principal of any of the Securities of such
series as and when the same shall become due and payable either at maturity, upon any redemption, by declaration or otherwise; or 
 (c) failure on the part of the Issuer or the Guarantors duly to observe or perform any other of the covenants or agreements on the part of the Issuer or the Guarantors, as the case may be, in the
Securities of such series (other than a covenant or warranty in respect of the Securities of such series a default in the performance or breach of which is elsewhere in this Section specifically dealt with) or in this Indenture contained for a
period of 60 days after the date on which written notice specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding that the Issuer or the Guarantors, as the case may be, remedy the same, shall have
been given by registered or certified mail, return receipt requested, to the Issuer by the Trustee, or to the Issuer and the Trustee by the holders of at least 25% in aggregate principal amount of the Outstanding Securities of all series affected
thereby; or 
 (d) a court having jurisdiction in the premises shall enter a decree or order for relief in
respect of the Issuer or the Guarantors in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar
official) of the Issuer or the Guarantors or for any substantial part of their respective properties or ordering the winding up or liquidation of their respective affairs, and such decree or order shall remain unstayed and in effect for a period of
60 consecutive days; or 
 (e) the Issuer or the Guarantors shall commence a voluntary case under any applicable
bankruptcy, insolvency or other similar law now or hereafter in effect, or consent to the entry of an order for relief in an involuntary case under any such law, or

  

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consent to the appointment or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of the Issuer or the Guarantors or for any substantial
part of their respective properties, or make any general assignment for the benefit of creditors; or 
 (f) any
Guarantee of any Guarantor ceases to be in full force and effect or any Guarantee of such Guarantor is declared to be null and void and unenforceable or any Guarantee of such Guarantor is found to be invalid or any Guarantor denies its liability
under its Guarantee (other than by reason of release of such Guarantor in accordance with the terms of this Indenture); or 
 (g) any other Event of Default provided in the supplemental indenture under which such series of Securities is issued or in the form of Security for such series. 
 If an Event of Default described in clauses (a), (b), (c), (f) or (g) (if the Event of Default under clause (c) or (g), as
the case may be, is with respect to less than all series of Securities then Outstanding) occurs and is continuing, then, and in each and every such case, except for any series of Securities the principal of which shall have already become due and
payable, either the Trustee or the Holders of not less than 25% in aggregate principal amount of the Securities of each such affected series then Outstanding hereunder (voting as a single class) by notice in writing to the Issuer (and to the Trustee
if given by Securityholders), may declare the entire principal (or, if the Securities of any such affected series are Original Issue Discount Securities, such portion of the principal amount as may be specified in the terms of such series) of all
Securities of all such affected series, and the interest accrued thereon, if any, to be due and payable immediately, and upon any such declaration the same shall become immediately due and payable. If an Event of Default described in clause
(c) or (g) (if the Event of Default under clause (c) or (g), as the case may be, is with respect to all series of Securities then Outstanding), (d) or (e) occurs and is continuing, then and in each and every such case,
unless the principal of all the Securities shall have already become due and payable, either the Trustee or the Holders of not less than 25% in aggregate principal amount of all the Securities then Outstanding hereunder (treated as one class), by
notice in writing to the Issuer (and to the Trustee if given by Securityholders), may declare the entire principal (or, if any Securities are Original Issue Discount Securities, such portion of the principal amount as may be specified in the terms
thereof) of all the Securities then Outstanding, and interest accrued thereon, if any, to be due and payable immediately, and upon any such declaration the same shall become immediately due and payable. 
 The foregoing provisions, however, are subject to the condition that if, at any time after the principal (or, if the Securities are Original
Issue Discount Securities, such portion of the principal as may be specified in the terms thereof) of the Securities of any series (or of all the Securities, as the case may be) shall have been so declared due and payable, and before any judgment or
decree for the payment of the moneys due shall have been obtained or entered as hereinafter provided, the Issuer or any Guarantor shall pay or shall deposit with the Trustee a sum sufficient to pay all matured installments of interest upon all the
Securities of such series (or of all the Securities, as the case may be) and the principal of any and all Securities of each such series (or of all the Securities, as the case may be) which shall have become due otherwise than by acceleration (with
interest upon such principal and, to the extent that payment of such interest

  

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is enforceable under applicable law, on overdue installments of interest, at the same rate as the rate of interest or Yield to Maturity (in the case of Original Issue Discount Securities)
specified in the Securities of each such series (or at the respective rates of interest or Yields to Maturity of all the Securities, as the case may be) to the date of such payment or deposit) and such amount as shall be sufficient to cover
reasonable compensation to the Trustee and each predecessor Trustee, its agents, attorneys and counsel, and all other expenses and liabilities incurred, and all advances made, by the Trustee and each predecessor Trustee except as a result of
negligence or bad faith, and if any and all Events of Default under the Indenture, other than the non-payment of the principal of Securities which shall have become due by acceleration, shall have been cured, waived or otherwise remedied as
provided herein—then and in every such case the Holders of a majority in aggregate principal amount of all the Securities of each such series, or of all the Securities, as the case may be, in each case voting as a single class, then
Outstanding, by written notice to the Issuer and to the Trustee, may waive all defaults with respect to each such series (or with respect to all the Securities, as the case may be) and rescind and annul such declaration and its consequences, but no
such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. 
 For all purposes under this Indenture, if a portion of the principal of any Original Issue Discount Securities shall have been accelerated and declared due and payable pursuant to the provisions hereof,
then, from and after such declaration, unless such declaration has been rescinded and annulled, the principal amount of such Original Issue Discount Securities shall be deemed, for all purposes hereunder, to be such portion of the principal thereof
as shall be due and payable as a result of such acceleration, and payment of such portion of the principal thereof as shall be due and payable as a result of such acceleration, together with interest, if any, thereon and all other amounts owing
thereunder, shall constitute payment in full of such Original Issue Discount Securities. 
 SECTION 5.2 Collection of
Indebtedness by Trustee; Trustee May Prove Debt. The Issuer and the Guarantors covenant that (a) in case default shall be made in the payment of any installment of interest on any of the Securities of any series when such interest shall
have become due and payable, and such default shall have continued for a period of 30 days or (b) in case default shall be made in the payment of all or any part of the principal of any of the Securities of any series when the same shall have
become due and payable, whether upon maturity of the Securities of such series or upon any redemption or by declaration or otherwise — then upon demand of the Trustee, the Issuer or the Guarantors will pay to the Trustee for the benefit of the
Holders of the Securities of such series the whole amount that then shall have become due and payable on all Securities of such series, and such Coupons, for principal or interest, as the case may be (with interest to the date of such payment upon
the overdue principal and, to the extent that payment of such interest is enforceable under applicable law, on overdue installments of interest at the same rate as the rate of interest or Yield to Maturity (in the case of Original Issue Discount
Securities) specified in the Securities of such series); and in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation to the Trustee and each predecessor
Trustee, their respective agents, attorneys and counsel, and any expenses and liabilities incurred, and all advances made, by the Trustee and each predecessor Trustee except as a result of its negligence or bad faith. 
  

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 Until such demand is made by the Trustee, the Issuer may pay the principal of and interest
on the Securities of any series to the registered holders, whether or not the Securities of such Series be overdue. 
 In case
the Issuer or the Guarantors, as the case may be, shall fail forthwith to pay such amounts upon such demand, the Trustee, in its own name and as trustee of an express trust, shall be entitled and empowered to institute any action or proceedings at
law or in equity for the collection of the sums so due and unpaid, and may prosecute any such action or proceedings to judgment or final decree, and may enforce any such judgment or final decree against the Issuer or the Guarantors, as the case may
be, or other obligor upon the Securities and collect in the manner provided by law out of the property of the Issuer, the Guarantors or other obligor upon the Securities, wherever situated the moneys adjudged or decreed to be payable. 
 In case there shall be pending proceedings relative to the Issuer, the Guarantors or any other obligor upon the Securities under Title 11 of
the United States Code or any other applicable Federal or state bankruptcy, insolvency or other similar law, or in case a receiver, assignee or trustee in bankruptcy or reorganization, liquidator, sequestrator or similar official shall have been
appointed for or taken possession of the Issuer, the Guarantors or their respective properties or such other obligor, or in case of any other comparable judicial proceedings relative to the Issuer, the Guarantors or other obligor upon the
Securities, or to the creditors or property of the Issuer, the Guarantors or such other obligor, the Trustee, irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise
and irrespective of whether the Trustee shall have made any demand pursuant to the provisions of this Section, shall be entitled and empowered, by intervention in such proceedings or otherwise: 
 (a) to file and prove a claim or claims for the whole amount of principal and interest (or, if the Securities of any series
are Original Issue Discount Securities, such portion of the principal amount as may be specified in the terms of such series) owing and unpaid in respect of the Securities of any series, and to file such other papers or documents as may be necessary
or advisable in order to have the claims of the Trustee (including any claim for reasonable compensation to the Trustee and each predecessor Trustee, and their respective agents, attorneys and counsel, and for reimbursement of all expenses and
liabilities incurred, and all advances made, by the Trustee and each predecessor Trustee, except as a result of negligence or bad faith) and of the Securityholders allowed in any judicial proceedings relative to the Issuer or other obligor upon the
Securities, or to the creditors or property of the Issuer or such other obligor, 
 (b) unless prohibited by
applicable law and regulations, to vote on behalf of the holders of the Securities of any series in any election of a trustee or a standby trustee in arrangement, reorganization, liquidation or other bankruptcy or insolvency proceedings or person
performing similar functions in comparable proceedings, and 
 (c) to collect and receive any moneys or other
property payable or deliverable on any such claims, and to distribute all amounts received with respect to the claims of the Securityholders and of the Trustee on their behalf; and any trustee, receiver, or liquidator, custodian or other similar
official is hereby authorized by each of the

  

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Securityholders to make payments to the Trustee, and, in the event that the Trustee shall consent to the making of payments directly to the Securityholders, to pay to the Trustee such amounts as
shall be sufficient to cover reasonable compensation to the Trustee, each predecessor Trustee and their respective agents, attorneys and counsel, and all other expenses and liabilities incurred, and all advances made, by the Trustee and each
predecessor Trustee except as a result of negligence or bad faith. 
 Nothing herein contained shall be deemed to authorize the
Trustee to authorize or consent to or vote for or accept or adopt on behalf of any Securityholder any plan of reorganization, arrangement, adjustment or composition affecting the Securities of any 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 proceeding except, as aforesaid, to vote for the election of a trustee in bankruptcy or similar person. 
 All rights of action and of asserting claims under this Indenture, or under any of the Securities of any series or Coupons appertaining to
such Securities, may be enforced by the Trustee without the possession of any of the Securities of such series or Coupons appertaining to such Securities or the production thereof on any trial or other proceedings relative thereto, and any such
action or proceedings instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment, subject to the payment of the expenses, disbursements and compensation of the Trustee, each predecessor
Trustee and their respective agents and attorneys, shall be for the ratable benefit of the Holders of the Securities or Coupons appertaining to such Securities in respect of which such action was taken. 
 In any proceedings brought by the Trustee (and also any proceedings involving the interpretation of any provision of this Indenture to which
the Trustee shall be a party) the Trustee shall be held to represent all the Holders of the Securities or Coupons appertaining to such Securities in respect to which such action was taken, and it shall not be necessary to make any Holders of such
Securities or Coupons appertaining to such Securities parties to any such proceedings. 
 SECTION 5.3 Application of
Proceeds. Any moneys collected by the Trustee pursuant to this Article in respect of any series shall be applied in the following order at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of
principal or interest, upon presentation of the several Securities and Coupons appertaining to such Securities in respect of which monies have been collected and stamping (or otherwise noting) thereon the payment, or issuing Securities of such
series in reduced principal amounts in exchange for the presented Securities of like series if only partially paid, or upon surrender thereof if fully paid: 
 FIRST: To the payment of costs and expenses applicable to such series in respect of which monies have been collected,
including reasonable compensation to the Trustee and each predecessor Trustee and their respective agents and attorneys and of all expenses and liabilities incurred, and all advances made, by the Trustee and each predecessor Trustee except as a
result of negligence or bad faith; 
  

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 SECOND: In case the principal of the Securities of such series in respect of
which moneys have been collected shall not have become and be then due and payable, to the payment of interest on the Securities of such series in default in the order of the maturity of the installments of such interest, with interest (to the
extent that such interest has been collected by the Trustee) upon the overdue installments of interest at the same rate as the rate of interest or Yield to Maturity (in the case of Original Issue Discount Securities) specified in such Securities,
such payments to be made ratably to the persons entitled thereto, without discrimination or preference; 
 THIRD:
In case the principal of the Securities of such series in respect of which moneys have been collected shall have become and shall be then due and payable, to the payment of the whole amount then owing and unpaid upon all the Securities of such
series for principal and interest, with interest upon the overdue principal, and (to the extent that such interest has been collected by the Trustee) upon overdue installments of interest at the same rate as the rate of interest or Yield to Maturity
(in the case of Original Issue Discount Securities) specified in the Securities of such series; and in case such moneys shall be insufficient to pay in full the whole amount so due and unpaid upon the Securities of such series, then to the payment
of such principal and interest or Yield to Maturity, without preference or priority of principal over interest or Yield to Maturity, or of interest or Yield to Maturity over principal, or of any installment of interest over any other installment of
interest, or of any Security of such series over any other Security of such series, ratably to the aggregate of such principal and accrued and unpaid interest or Yield to Maturity; and 
 FOURTH: To the payment of the remainder, if any, to the Issuer or any other person lawfully entitled thereto. 
 SECTION 5.4 Suits for Enforcement. In case an Event of Default has occurred, has not been waived and is continuing, the Trustee may
in its discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at law or in equity or in
bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture or to enforce any other legal or equitable right vested in the
Trustee by this Indenture or by law. 
 SECTION 5.5 Restoration of Rights on Abandonment of Proceedings. In case the
Trustee shall have proceeded to enforce any right under this Indenture and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely to the Trustee, then and in every such case the Issuer, the
Guarantors and the Trustee shall be restored respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Issuer, the Guarantors, the Trustee and the Securityholders shall continue as though no such
proceedings had been taken. 
  

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 SECTION 5.6 Limitations on Suits by Securityholders. No Holder of any Security of any
series or of any Coupon appertaining thereto shall have any right by virtue or by availing of any provision of this Indenture to institute any action or proceeding at law or in equity or in bankruptcy or otherwise upon or under or with respect to
this Indenture, or for the appointment of a trustee, receiver, liquidator, custodian or other similar official or for any other remedy hereunder, unless such Holder previously shall have given to the Trustee written notice of default and of the
continuance thereof, as hereinbefore provided, and unless also the Holders of not less than 25% in aggregate principal amount of the Securities of each affected series then Outstanding (treated as a single class) shall have made written request upon
the Trustee to institute such action or proceedings in its own name as trustee hereunder and shall have offered to the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby
and the Trustee for 60 days after its receipt of such notice, request and offer of indemnity shall have failed to institute any such action or proceeding and no direction inconsistent with such written request shall have been given to the Trustee
pursuant to Section 5.9; it being understood and intended, and being expressly covenanted by the taker and Holder of every Security or Coupon with every other taker and Holder and the Trustee, that no one or more Holders of Securities of any
series or Coupons appertaining to such Securities shall have any right in any manner whatever by virtue or by availing of any provision of this Indenture to affect, disturb or prejudice the rights of any other such Holder of Securities or Coupons
appertaining to such Securities, or to obtain or seek to obtain priority over or preference to any other such Holder or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of
all Holders of Securities of the applicable series and Coupons appertaining to such Securities. For the protection and enforcement of the provisions of this Section, each and every Securityholder and the Trustee shall be entitled to such relief as
can be given either at law or in equity. 
 SECTION 5.7 Unconditional Right of Securityholders to Institute Certain
Suits. Notwithstanding any other provision in this Indenture and any provision of any Security, the right of any Holder of any Security or Coupon to receive payment of the principal of and interest on such Security or Coupon on or after the
respective due dates expressed in such Security or Coupon, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 
 SECTION 5.8 Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default. Except as provided in Section 5.6, no right
or remedy herein conferred upon or reserved to the Trustee or to the Holders of Securities or Coupons is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in
addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
employment of any other appropriate right or remedy. 
 No delay or omission of the Trustee or of any Holder of Securities or
Coupons to exercise any right or power accruing upon any Event of Default occurring and continuing as aforesaid shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or an acquiescence therein; and,
subject to Section 5.6, every power and remedy given by this Indenture or by law to the Trustee or to the Holders of Securities or Coupons may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the
Holders of Securities or Coupons. 
  

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 SECTION 5.9 Control by Holders of Securities. The Holders of a majority in aggregate
principal amount of the Securities of each series affected (with all such series voting as a single class) at the time Outstanding shall have the right to direct the time, method, and place of conducting any proceeding for any remedy available to
the Trustee, or exercising any trust or power conferred on the Trustee with respect to the Securities of such series by this Indenture; provided that such direction shall not be otherwise than in accordance with law and the provisions of this
Indenture and provided further that (subject to the provisions of Section 6.1) the Trustee shall have the right to decline to follow any such direction if the Trustee, being advised by counsel, shall determine that the action or
proceeding so directed may not lawfully be taken or if the Trustee in good faith by its board of directors, the executive committee, or a trust committee of directors or Responsible Officers of the Trustee shall determine that the action or
proceedings so directed would involve the Trustee in personal liability or if the Trustee in good faith shall so determine that the actions or forebearances specified in or pursuant to such direction would be unduly prejudicial to the interests of
Holders of the Securities of all series so affected not joining in the giving of said direction, it being understood that (subject to Section 6.1) the Trustee shall have no duty to ascertain whether or not such actions or forebearances are
unduly prejudicial to such Holders. 
 Nothing in this Indenture shall impair the right of the Trustee in its discretion to take
any action deemed proper by the Trustee and which is not inconsistent with such direction or directions by Securityholders. 
 SECTION 5.10 Waiver of Past Defaults. Prior to the acceleration of the maturity of any Securities as provided in Section 5.1, the Holders of a majority in aggregate principal amount of the Securities of all series at the time
Outstanding with respect to which an Event of Default shall have occurred and be continuing (voting as a single class) may on behalf of the Holders of all such Securities waive any past default or Event of Default described in Section 5.1 and
its consequences, except a default in respect of a covenant or provision hereof which cannot be modified or amended without the consent of the Holder of each Security affected. In the case of any such waiver, the Issuer, the Guarantors, the Trustee
and the Holders of all such Securities shall be restored to their former positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 
 Upon any such waiver, such default shall cease to exist and be deemed to have been cured and not to have occurred, and any Event of Default
arising therefrom shall be deemed to have been cured, and not to have occurred for 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 thereon.

 SECTION 5.11 Trustee to Give Notice of Default, But May Withhold in Certain Circumstances. The Trustee shall, within
ninety days after the occurrence of a default with respect to the Securities of any series, give notice of all defaults with respect to that series known to the Trustee (i) if any Unregistered Securities of that series are then Outstanding, to
the Holders thereof, by publication at least once in an Authorized Newspaper in the Borough of Manhattan, 
  

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 The City of New York and at least once in an Authorized Newspaper in London (and, if required by
Section 3.7, at least once in an Authorized Newspaper in Luxembourg) and (ii) to all Holders of Securities of such series in the manner and to the extent provided in Section 4.4(c), unless in each case such defaults shall have been
cured before the mailing or publication of such notice (the term “defaults” for the purpose of this Section being hereby defined to mean any event or condition which is, or with notice or lapse of time or both would become, an Event of
Default); provided that, except in the case of default in the payment of the principal of or interest on any of the Securities of such series, or in the payment of any sinking fund installment on such series, the Trustee shall be protected in
withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors or trustees and/or Responsible Officers of the Trustee in good faith determines that the withholding of such notice is in
the interests of the Securityholders of such series. 
 SECTION 5.12 Right of Court to Require Filing of Undertaking to Pay
Costs. All parties to this Indenture agree, and each Holder of any Security or Coupon by his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy
under this Indenture or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its
discretion assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this
Section shall not apply to any suit instituted by the Trustee, to any suit instituted by any Securityholder or group of Securityholders of any series holding in the aggregate more than 10% in aggregate principal amount of the Securities of such
series, or, in the case of any suit relating to or arising under clause (c) or (g) of Section 5.1 (if the suit relates to Securities of more than one but less than all series), 10% in aggregate principal amount of Securities then
Outstanding and affected thereby, or in the case of any suit relating to or arising under clause (c) or (g) (if the suit under clause (c) or (g) relates to all the Securities then outstanding), (d) or (e) of
Section 5.1, 10% in aggregate principal amount of all Securities then Outstanding, or to any suit instituted by any Securityholder for the enforcement of the payment of the principal of or interest on any Security on or after the due date
expressed in such Security or any date fixed for redemption. 
 ARTICLE SIX 
 CONCERNING THE TRUSTEE 
 SECTION 6.1 Duties and Responsibilities of the Trustee; During Default; Prior to Default. With respect to the Holders of any series of Securities issued hereunder, the Trustee, prior to the
occurrence of an Event of Default with respect to the Securities of a particular series and after the curing or waiving of all Events of Default which may have occurred with respect to such series, undertakes to perform such duties and only such
duties as are specifically set forth in this Indenture. In case an Event of Default with respect to the Securities of a series has occurred (which has not been cured or waived) the Trustee shall exercise with respect to such series of Securities
such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. 
  

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 No provision of this Indenture shall be construed to relieve the Trustee from liability for
its own negligent action, its own negligent failure to act or its own wilful misconduct, except that 
 (a) prior
to the occurrence of an Event of Default with respect to the Securities of any series and after the curing or waiving of all such Events of Default with respect to such series which may have occurred: 
 (i) the duties and obligations of the Trustee with respect to the Securities of any series shall be determined solely by the
express provisions of this Indenture, and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this
Indenture against the Trustee; and 
 (ii) in the absence of bad faith on the part of the Trustee, the Trustee
may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any statements, certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the
case of any such statements, 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; 
 (b) the Trustee shall not be liable for any error of judgment made in good
faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and 
 (c) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance
with the direction of the Holders pursuant to Section 5.9 relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this
Indenture. 
 None of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or
otherwise incur personal financial liability in the performance of any of its duties or in the exercise of any of its rights or powers, if there shall be reasonable ground for believing that the repayment of such funds or adequate indemnity against
such liability is not reasonably assured to it. 
 The provisions of this Section 6.1 are in furtherance of and subject to
Section 315 of the Trust Indenture Act of 1939. 
 SECTION 6.2 Certain Rights of the Trustee. In furtherance of and
subject to the Trust Indenture Act of 1939, and subject to Section 6.1: 
 (a) the Trustee may rely and
shall be protected in acting or refraining from acting upon any resolution, Officer’s Certificate or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, note, coupon, security or
other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; 
  

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 (b) any request, direction, order or demand of the Issuer mentioned herein
shall be sufficiently evidenced by an Officer’s Certificate (unless other evidence in respect thereof be herein specifically prescribed); and any resolution of the Board of Directors may be evidenced to the Trustee by a copy thereof certified
by the secretary or an assistant secretary of the Issuer; 
 (c) the Trustee may consult with counsel and any
written advice or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted to be taken by it hereunder in good faith and in reliance thereon in accordance with such advice or
Opinion of Counsel; 
 (d) the Trustee shall be under no obligation to exercise any of the trusts or powers
vested in it by this Indenture at the request, order or direction of any of the Securityholders pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the Trustee reasonable security or indemnity against the
costs, expenses and liabilities which might be incurred therein or thereby; 
 (e) the Trustee shall not be
liable for any action taken or omitted by it in good faith and believed by it to be authorized or within the discretion, rights or powers conferred upon it by this Indenture; 
 (f) prior to the occurrence of an Event of Default hereunder and after the curing or waiving of all Events of Default, 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, consent, order, approval, appraisal, bond, debenture, note, coupon,
security, or other paper or document unless requested in writing so to do by the Holders of a majority in aggregate principal amount of the Securities of all series affected then Outstanding; provided that, if the payment within a reasonable
time to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, not reasonably assured to the Trustee by the security afforded to it by the terms of this
Indenture, the Trustee may require reasonable indemnity against such expenses or liabilities as a condition to proceeding; the reasonable expenses of every such investigation shall be paid by the Issuer or, if paid by the Trustee or any predecessor
Trustee, shall be repaid by the Issuer upon demand; and 
 (g) the Trustee may execute any of the trusts or
powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys not regularly in its employ and the Trustee shall not be responsible for any misconduct or negligence on the part of any such agent or attorney
appointed with due care by it hereunder. 
 SECTION 6.3 Trustee Not Responsible for Recitals, Disposition of Securities or
Application of Proceeds Thereof. The recitals contained herein and in the Securities, except the

  

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Trustee’s certificates of authentication, shall be taken as the statements of the Issuer, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no
representation as to the validity or sufficiency of this Indenture or of the Securities or Coupons. The Trustee shall not be accountable for the use or application by the Issuer of any of the Securities or of the proceeds thereof. 
 SECTION 6.4 Trustee and Agents May Hold Securities or Coupons; Collections, etc. The Trustee or any agent of the Issuer, the
Guarantors or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities or Coupons with the same rights it would have if it were not the Trustee or such agent and may otherwise deal with the Issuer and the
Guarantors and receive, collect, hold and retain collections from the Issuer and the Guarantors with the same rights it would have if it were not the Trustee or such agent. 
 SECTION 6.5 Moneys Held by Trustee. Subject to the provisions of Section 10.4 hereof, all moneys received by the Trustee shall,
until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by mandatory provisions of law. Neither the Trustee nor any agent of
the Issuer, the Guarantors or the Trustee shall be under any liability for interest on any moneys received by it hereunder. 
 SECTION 6.6 Compensation and Indemnification of Trustee and Its Prior Claim. The Issuer covenants and agrees to pay to the Trustee from time to time, and the Trustee shall be entitled to, reasonable compensation (which shall not be
limited by any provision of law in regard to the compensation of a trustee of an express trust) and the Issuer covenants and agrees to pay or reimburse the Trustee and each predecessor Trustee upon its request for all reasonable expenses,
disbursements and advances incurred or made by or on behalf of it in accordance with any of the provisions of this Indenture (including the reasonable compensation and the expenses and disbursements of its counsel and of all agents and other persons
not regularly in its employ) except any such expense, disbursement or advance as may arise from its negligence or bad faith. Any such payments and reimbursements not made in a timely fashion shall be made with interest at the Trustee’s
corporate base rate. The Issuer also covenants to indemnify the Trustee and each predecessor Trustee for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on its part, arising out of or in
connection with the acceptance or administration of this Indenture or the trusts hereunder and its duties hereunder, including the costs and expenses of defending itself against or investigating any claim of liability in the premises. The
obligations of the Issuer under this Section to compensate and indemnify the Trustee and each predecessor Trustee and to pay or reimburse the Trustee and each predecessor Trustee for expenses, disbursements and advances shall constitute additional
indebtedness hereunder and shall survive the satisfaction and discharge of this Indenture. Such additional indebtedness shall be a senior claim to that of the Securities upon all property and funds held or collected by the Trustee as such, except
funds held in trust for the benefit of the Holders of particular Securities or Coupons, and the Securities are hereby subordinated to such senior claim. 
 SECTION 6.7 Right of Trustee to Rely on Officer’s Certificate, etc. Subject to Sections 6.1 and 6.2, whenever in the administration of the trusts of this Indenture the Trustee shall deem it
necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action hereunder, such matter (unless other evidence in respect thereof

  

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be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate
delivered to the Trustee, and such certificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon
the faith thereof. 
 SECTION 6.8 Indentures Not Creating Potential Conflicting Interests for the Trustee. 
 This Section intentionally left blank. 
 SECTION 6.9 Persons Eligible for Appointment as Trustee. The Trustee for each series of Securities hereunder shall at all times be a corporation organized and doing business under the laws of the
United States of America or of any State or the District of Columbia having a combined capital and surplus of at least $5,000,000, and which is authorized under such laws to exercise corporate trust powers and is subject to supervision or
examination by Federal, State or District of Columbia authority. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes
of this Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible
in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. 
 The provisions of this Section 6.9 are in furtherance of and subject to Section 310(a) of the Trust Indenture Act of 1939. 
 SECTION 6.10 Resignation and Removal; Appointment of Successor Trustee. (a)The Trustee, or any trustee or trustees hereafter
appointed, may at any time resign with respect to one or more or all series of Securities by giving written notice of resignation to the Issuer and (i) if any Unregistered Securities of a series affected are then Outstanding, by giving notice
of such resignation to the Holders thereof, by publication at least once in an Authorized Newspaper in the Borough of Manhattan, The City of New York, and at least once in an Authorized Newspaper in London (and, if required by Section 3.7, at
least once in an Authorized Newspaper in Luxembourg), (ii) if any Unregistered Securities of a series affected are then Outstanding, by mailing notice of such resignation to the Holders thereof who have filed their names and addresses with the
Trustee pursuant to Section 4.4(c)(ii) at such addresses as were so furnished to the Trustee and (iii) by mailing notice of such resignation to the Holders of then Outstanding Registered Securities of each series affected at their
addresses as they shall appear on the registry books. Upon receiving such notice of resignation, the Issuer shall promptly appoint a successor trustee or trustees with respect to the applicable series by written instrument in duplicate, executed by
authority of the Board of Directors, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor trustee or trustees. If no successor trustee shall have been so appointed with respect to any series and have
accepted appointment within 30 days after the mailing of such notice of resignation, the resigning trustee may petition any court of competent jurisdiction for the appointment of a successor trustee, or any Securityholder who has been a bona fide
Holder of a Security or Securities of the applicable series for at least six

  

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months may, subject to the provisions of Section 5.12, on behalf of himself and all others similarly situated, petition any such court for the appointment of a successor trustee. Such court
may thereupon, after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 
 (b) In case at
any time any of the following shall occur: 
 (i) the Trustee shall fail to comply with the provisions of
Section 310(b) of the Trust Indenture Act of 1939 with respect to any series of Securities after written request therefor by the Issuer or by any Securityholder who has been a bona fide Holder of a Security or Securities of such series for at
least six months; or 
 (ii) the Trustee shall cease to be eligible in accordance with the provisions of
Section 6.9 and Section 310(a) of the Trust Indenture Act of 1939 and shall fail to resign after written request therefor by the Issuer or by any Securityholder; or 
 (iii) the Trustee shall become incapable of acting with respect to any series of Securities, or shall be adjudged a bankrupt
or insolvent, or a receiver or liquidator of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or
liquidation; 
 then, in any such case, the Issuer may remove the Trustee with respect to the applicable series of Securities and appoint a
successor trustee for such series by written instrument, in duplicate, executed by order of the Board of Directors of the Issuer, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor trustee, or,
subject to the provisions of Section 315(e) of the Trust Indenture Act of 1939, any Securityholder who has been a bona fide Holder of a Security or Securities of such series for at least six months may on behalf of himself and all others
similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee with respect to such series. Such court may thereupon, after such notice, if any, as it may deem proper and
prescribe, remove the Trustee and appoint a successor trustee. 
 (c) The Holders of a majority in aggregate principal amount of
the Securities of each series at the time outstanding may at any time remove the Trustee with respect to Securities of such series and appoint a successor trustee with respect to the Securities of such series by delivering to the Trustee so removed,
to the successor trustee so appointed and to the Issuer the evidence provided for in Section 7.1 of the action in that regard taken by the Securityholders. 
 (d) Any resignation or removal of the Trustee with respect to any series and any appointment of a successor trustee with respect to such series pursuant to any of the provisions of this Section 6.10
shall become effective upon acceptance of appointment by the successor trustee as provided in Section 6.11. 
 SECTION 6.11
Acceptance of Appointment by Successor Trustee. Any successor trustee appointed as provided in Section 6.10 shall execute and deliver to the Issuer and to its predecessor trustee an instrument accepting such appointment hereunder, and

  

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thereupon the resignation or removal of the predecessor trustee with respect to all or any applicable series shall become effective and such successor trustee, without any further act, deed or
conveyance, shall become vested with all rights, powers, duties and obligations with respect to such series of its predecessor hereunder, with like effect as if originally named as trustee for such series hereunder; but, nevertheless, on the written
request of the Issuer or of the successor trustee, upon payment of its charges then unpaid, the trustee ceasing to act shall, subject to Section 10.4, pay over to the successor trustee all moneys at the time held by it hereunder and shall
execute and deliver an instrument transferring to such successor trustee all such rights, powers, duties and obligations. Upon request of any such successor trustee, the Issuer shall execute any and all instruments in writing for more fully and
certainly vesting in and confirming to such successor trustee all such rights and powers. Any trustee ceasing to act shall, nevertheless, retain a prior claim upon all property or funds held or collected by such trustee to secure any amounts then
due it pursuant to the provisions of Section 6.6. 
 If a successor trustee is appointed with respect to the Securities of
one or more (but not all) series, the Issuer, the predecessor Trustee and each successor trustee with respect to the Securities of any applicable series shall execute and deliver an indenture supplemental hereto which shall contain such provisions
as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the predecessor Trustee with respect to the Securities of any series as to which the predecessor Trustee is not retiring shall continue to be
vested in the predecessor Trustee, and shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one trustee, it being understood that
nothing herein or in such supplemental indenture shall constitute such trustees co-trustees of the same trust and that each such trustee shall be trustee of a trust or trusts under separate indentures. 
 No successor trustee with respect to any series of Securities shall accept appointment as provided in this Section 6.11 unless at the
time of such acceptance such successor trustee shall be qualified under Section 310(b) of the Trust Indenture Act of 1939 and eligible under the provisions of Section 6.9. 
 Upon acceptance of appointment by any successor trustee as provided in this Section 6.11, the Issuer shall give notice thereof
(a) if any Unregistered Securities of a series affected are then Outstanding, to the Holders thereof, by publication of such notice at least once in an Authorized Newspaper in the Borough of Manhattan, The City of New York and at least once in
an Authorized Newspaper in London (and, if required by Section 3.7, at least once in an Authorized Newspaper in Luxembourg), (b) if any Unregistered Securities of a series affected are then Outstanding, to the Holders thereof who have
filed their names and addresses with the Trustee pursuant to Section 4.4(c)(ii), by mailing such notice to such Holders at such addresses as were so furnished to the Trustee (and the Trustee shall make such information available to the Issuer
for such purpose) and (c) to the Holders of Registered Securities of each series affected, by mailing such notice to such Holders at their addresses as they shall appear on the registry books. If the acceptance of appointment is substantially
contemporaneous with the resignation, then the notice called for by the preceding sentence may be combined with the notice called for by Section 6.10. If the Issuer fails to give such notice within ten days after acceptance of appointment by
the successor trustee, the successor trustee shall cause such notice to be given at the expense of the Issuer. 
  

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 SECTION 6.12 Merger, Conversion, Consolidation or Succession to Business of Trustee.
Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to
the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided that such corporation shall be qualified under Section 310(b) of the Trust Indenture Act of 1939 and eligible under the provisions of
Section 6.9, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. 
 In case at the time such successor to the Trustee shall succeed to the trusts created by this Indenture any of the Securities of any series
shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor Trustee and deliver such Securities so authenticated; and, in case at that time any of the Securities
of any series shall not have been authenticated, any successor to the Trustee may authenticate such Securities either in the name of any predecessor hereunder or in the name of the successor Trustee; and in all such cases such certificate shall have
the full force which it is anywhere in the Securities of such series or in this Indenture provided that the certificate of the Trustee shall have; provided, that the right to adopt the certificate of authentication of any predecessor Trustee
or to authenticate Securities of any series in the name of any predecessor Trustee shall apply only to its successor or successors by merger, conversion or consolidation. 
 SECTION 6.13 Preferential Collection of Claims Against the Issuer. 
 This
Section intentionally left blank. 
 SECTION 6.14 Appointment of Authenticating Agent. As long as any Securities of a
series remain Outstanding, the Trustee may, by an instrument in writing, appoint with the approval of the Issuer an authenticating agent (the “Authenticating Agent”) which shall be authorized to act on behalf of the Trustee to authenticate
Securities, including Securities issued upon exchange, registration of transfer, partial redemption or pursuant to Section 2.9. Securities of each such series authenticated by such Authenticating Agent shall be entitled to the benefits of this
Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee. Whenever reference is made in this Indenture to the authentication and delivery of Securities of any series by the Trustee or to the Trustee’s
Certificate of Authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent for such series and a Certificate of Authentication executed on behalf of the Trustee by such
Authenticating Agent. Such Authenticating Agent shall at all times be a corporation organized and doing business under the laws of the United States of America or of any State, authorized under such laws to exercise corporate trust powers, having a
combined capital and surplus of at least $5,000,000 (determined as provided in Section 6.9 with respect to the Trustee) and subject to supervision or examination by Federal or State authority. 
 Any corporation into which any Authenticating Agent may be merged or converted, or with which it may be consolidated, or any corporation
resulting from any merger, conversion or consolidation to which any Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency business of any Authenticating Agent, shall

  

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continue to be the Authenticating Agent with respect to all series of Securities for which it served as Authenticating Agent without the execution or filing of any paper or any further act on the
part of the Trustee or such Authenticating Agent. Any Authenticating Agent may at any time, and if it shall cease to be eligible shall, resign by giving written notice of resignation to the Trustee and to the Issuer. 
 Upon receiving such a notice of resignation or upon such a termination, or in case at any time any Authenticating Agent shall cease to be
eligible in accordance with the provisions of this Section 6.14 with respect to one or more series of Securities, the Trustee shall upon receipt of an Issuer Order appoint a successor Authenticating Agent and the Issuer shall provide notice of
such appointment to all Holders of Securities of such series in the manner and to the extent provided in Section 11.4. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all rights, powers,
duties and responsibilities of its predecessor hereunder, with like effect as if originally named as Authenticating Agent. The Issuer agrees to pay to the Authenticating Agent for such series from time to time reasonable compensation. The
Authenticating Agent for the Securities of any series shall have no responsibility or liability for any action taken by it as such at the direction of the Trustee. 
 Sections 6.2, 6.3, 6.4, 6.6, 6.9 and 7.3 shall be applicable to any Authenticating Agent. 
 ARTICLE SEVEN 
 CONCERNING THE SECURITYHOLDERS 
 SECTION 7.1 Evidence of Action Taken by Securityholders. Any request, demand, authorization, direction, notice, consent, waiver or
other action provided by this Indenture to be given or taken by a specified percentage in principal amount of the Securityholders of any or all series may be embodied in and evidenced by one or more instruments of substantially similar tenor signed
by such specified percentage of Securityholders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee.
Proof of execution of any instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Sections 6.1 and 6.2) conclusive in favor of the Trustee, the Issuer and the Guarantors, if made in
the manner provided in this Article. 
 SECTION 7.2 Proof of Execution of Instruments and of Holding of Securities.
Subject to Sections 6.1 and 6.2, the execution of any instrument by a Securityholder or his agent or proxy may be proved in the following manner: 
 (a) The fact and date of the execution by any Holder of any instrument may be proved by the certificate of any notary public or other officer of any jurisdiction authorized to take acknowledgments of
deeds or administer oaths that the person executing such instruments acknowledged to him the execution thereof, or by an affidavit of a witness to such execution sworn to before any such notary or other such officer. Where such execution is by or on
behalf of any legal entity other than an individual, such

  

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certificate or affidavit shall also constitute sufficient proof of the authority of the person executing the same. The fact of the holding by any Holder of an Unregistered Security of any series,
and the identifying number of such Security and the date of his holding the same, may be proved by the production of such Security or by a certificate executed by any trust company, bank, banker or recognized securities dealer wherever situated
satisfactory to the Trustee, if such certificate shall be deemed by the Trustee to be satisfactory. Each such certificate shall be dated and shall state that on the date thereof a Security of such series bearing a specified identifying number was
deposited with or exhibited to such trust company, bank, banker or recognized securities dealer by the person named in such certificate. Any such certificate may be issued in respect of one or more Unregistered Securities of one or more series
specified therein. The holding by the person named in any such certificate of any Unregistered Securities of any series specified therein shall be presumed to continue for a period of one year from the date of such certificate unless at the time of
any determination of such holding (1) another certificate bearing a later date issued in respect of the same Securities shall be produced, or (2) the Security of such series specified in such certificate shall be produced by some other
person, or (3) the Security of such series specified in such certificate shall have ceased to be Outstanding. Subject to Sections 6.1 and 6.2, the fact and date of the execution of any such instrument and the amount and numbers of Securities of
any series held by the person so executing such instrument and the amount and numbers of any Security or Securities for such series may also be proven in accordance with such reasonable rules and regulations as may be prescribed by the Trustee for
such series or in any other manner which the Trustee for such series may deem sufficient. 
 (b) In the case of
Registered Securities, the ownership of such Securities shall be proved by the Security register or by a certificate of the Security registrar. 
 The Issuer may set a record date for purposes of determining the identity of Holders of Registered Securities of any series entitled to vote or consent to any action referred to in Section 7.1, which
record date may be set at any time or from time to time by notice to the Trustee, for any date or dates (in the case of any adjournment or reconsideration) not more than 60 days nor less than five days prior to the proposed date of such vote or
consent, and thereafter, notwithstanding any other provisions hereof, with respect to Registered Securities of any series, only Holders of Registered Securities of such series of record on such record date shall be entitled to so vote or give such
consent or revoke such vote or consent. 
 SECTION 7.3 Holders to be Treated as Owners. The Issuer, the Guarantors, the
Trustee and any agent of the Issuer, the Guarantors or the Trustee may deem and treat the person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such
Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security
and for all other purposes; and none of the Issuer, the Guarantors or the Trustee or any agent of the Issuer, the Guarantors or the Trustee shall be affected by any notice to the contrary. The Issuer, the Guarantors, the Trustee and any agent of the
Issuer, the Guarantors or the Trustee may treat the Holder of any Unregistered Security and the Holder of any Coupon as the absolute owner of such Unregistered Security or Coupon (whether or not such

  

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Unregistered Security or Coupon shall be overdue) for the purpose of receiving payment thereof or on account thereof and for all other purposes and none of the Issuer, the Guarantors or the
Trustee, or any agent of the Issuer, the Guarantors or the Trustee shall be affected by any notice to the contrary. All such payments so made to any such person, or upon his order, shall be valid, and, to the extent of the sum or sums so paid,
effectual to satisfy and discharge the liability for moneys payable upon any such Unregistered Security or Coupon. 
 SECTION
7.4 Securities Owned by Issuer Deemed Not Outstanding. In determining whether the Holders of the requisite aggregate principal amount of Outstanding Securities of any or all series have concurred in any direction, consent or waiver under this
Indenture, Securities which are owned by the Issuer or any other obligor on the Securities with respect to which such determination is being made or by any person directly or indirectly controlling or controlled by or under direct or indirect common
control with the Issuer or any other obligor on the Securities with respect to which such determination is being made shall be disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of
determining whether the Trustee shall be protected in relying on any such direction, consent or waiver only Securities which the Trustee knows are so owned shall be so disregarded. Securities so owned which have been pledged in good faith may be
regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Issuer or any other obligor upon the Securities or any person
directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuer or any other obligor on the Securities. In case of a dispute as to such right, the advice of counsel shall be full protection in respect
of any decision made by the Trustee in accordance with such advice. Upon request of the Trustee, the Issuer shall furnish to the Trustee promptly an Officer’s Certificate listing and identifying all Securities, if any, known by the Issuer to be
owned or held by or for the account of any of the above-described persons; and, subject to Sections 6.1 and 6.2, the Trustee shall be entitled to accept such Officer’s Certificate as conclusive evidence of the facts therein set forth and of the
fact that all Securities not listed therein are Outstanding for the purpose of any such determination. 
 SECTION 7.5 Right
of Revocation of Action Taken. At any time prior to (but not after) the evidencing to the Trustee, as provided in Section 7.1, of the taking of any action by the Holders of the percentage in aggregate principal amount of the Securities of
any or all series, as the case may be, specified in this Indenture in connection with such action, any Holder of a Security the serial number of which is shown by the evidence to be included among the serial numbers of the Securities the Holders of
which have consented to such action may, by filing written notice at the Corporate Trust Office and upon proof of holding as provided in this Article, revoke such action so far as concerns such Security. Except as aforesaid any such action taken by
the Holder of any Security shall be conclusive and binding upon such Holder and upon all future Holders and owners of such Security and of any Securities issued in exchange or substitution therefor or on registration of transfer thereof,
irrespective of whether or not any notation in regard thereto is made upon any such Security. Any action taken by the Holders of the percentage in aggregate principal amount of the Securities of any or all series, as the case may be, specified in
this Indenture in connection with such action shall be conclusively binding upon the Issuer, the Guarantors, the Trustee and the Holders of all the Securities affected by such action. 
  

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 ARTICLE EIGHT 
 SUPPLEMENTAL INDENTURES 
 SECTION 8.1 Supplemental Indentures Without
Consent of Securityholders. The Issuer, when authorized by a resolution of its Board of Directors (which resolution may provide general terms or parameters for such action and may provide that the specific terms of such action may be determined
in accordance with or pursuant to an Issuer Order), the Guarantors, and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto for one or more of the following purposes: 
 (a) to convey, transfer, assign, mortgage or pledge to the Trustee as security for the Securities of one or more series any
property or assets; 
 (b) to evidence the succession of another corporation to the Issuer or any of the
Guarantors, or successive successions, and the assumption by the successor corporation of the covenants, agreements and obligations of the Issuer or any of the Guarantors, as the case may be, pursuant to Article Nine; 
 (c) to add to the covenants of the Issuer or the Guarantors such further covenants, restrictions, conditions or provisions as
the Issuer, the Guarantors and the Trustee shall consider to be for the protection of the Holders of Securities or Coupons, and to make the occurrence, or the occurrence and continuance, of a default in any such additional covenants, restrictions,
conditions or provisions an Event of Default permitting the enforcement of all or any of the several remedies provided in this Indenture as herein set forth; provided, that in respect of any such additional covenant, restriction, condition or
provision such supplemental indenture may provide for a particular period of grace after default (which period may be shorter or longer than that allowed in the case of other defaults) or may provide for an immediate enforcement upon such an Event
of Default or may limit the remedies available to the Trustee upon such an Event of Default or may limit the right of the Holders of a majority in aggregate principal amount of the Securities of such series to waive such an Event of Default;

 (d) to cure any ambiguity or to correct or supplement any provision contained herein or in any supplemental
indenture which may be defective or inconsistent with any other provision contained herein or in any supplemental indenture, or to make any other provisions as the Issuer may deem necessary or desirable, provided that no such action shall
adversely affect the interests of the Holders of the Securities or Coupons; 
 (e) to establish the forms or
terms of Securities of any series or of the Coupons appertaining to such Securities as permitted by Sections 2.1 and 2.3; and 
 (f) to evidence and provide for the acceptance of appointment hereunder by a successor trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this
Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one trustee, pursuant to the requirements of Section 6.11. 
  

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 The Trustee is hereby authorized to join with the Issuer and the Guarantors in the execution
of any such supplemental indenture, to make any further appropriate agreements and stipulations which may be therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any property thereunder, but the Trustee shall
not be obligated to enter into any such supplemental indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 
 Any supplemental indenture authorized by the provisions of this Section may be executed without the consent of the Holders of any of the Securities at the time outstanding, notwithstanding any of the
provisions of Section 8.2. 
 SECTION 8.2 Supplemental Indentures With Consent of Securityholders. With the consent
(evidenced as provided in Article Seven) of the Holders of a majority in aggregate principal amount of the Securities at the time Outstanding of all series affected by such supplemental indenture (voting as one class), the Issuer, when authorized by
a resolution of its Board of Directors (which resolution may provide general terms or parameters for such action and may provide that the specific terms of such action may be determined in accordance with or pursuant to an Issuer Order), the
Guarantors and the Trustee may, from time to time and at any time, enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture
or of any supplemental indenture or of modifying in any manner the rights of the Holders of the Securities of each such series or of the Coupons appertaining to such Securities; provided, that no such supplemental indenture shall
(a) extend the final maturity of any Security, or reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon, or reduce any amount payable on redemption thereof, or make the principal thereof
(including any amount in respect of original issue discount), or interest thereon payable in any coin or currency other than that provided in the Securities and Coupons or in accordance with the terms thereof, or reduce the amount of the principal
of an Original Issue Discount Security that would be due and payable upon an acceleration of the maturity thereof pursuant to Section 5.1 or the amount thereof provable in bankruptcy pursuant to Section 5.2, or alter the provisions of
Section 11.11 or 11.12 or impair or affect the right of any Securityholder to institute suit for the payment thereof or, if the Securities provide therefor, any right of repayment at the option of the Securityholder, in each case without the
consent of the Holder of each Security so affected, or (b) reduce the aforesaid percentage of Securities of any series, the consent of the Holders of which is required for any such supplemental indenture, without the consent of the Holders of
each Security so affected. 
 A supplemental indenture which changes or eliminates any covenant or other provision of this
Indenture which has expressly been included solely for the benefit of one or more particular series of Securities, or which modifies the rights of Holders of Securities of such series, or of Coupons appertaining to such Securities, with respect to
such covenant or provision, shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series or of the Coupons appertaining to such Securities. 
 Upon the request of the Issuer, accompanied by a copy of a resolution of the Board of Directors (which resolution may provide general terms
or parameters for such action and may provide that the specific terms of such action may be determined in accordance with or

  

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pursuant to an Issuer Order) certified by the secretary or an assistant secretary of the Issuer authorizing the execution of any such supplemental indenture, and upon the filing with the Trustee
of evidence of the consent of the Holders of the Securities as aforesaid and other documents, if any, required by Section 7.1, the Trustee shall join with the Issuer and the Guarantors in the execution of such supplemental indenture unless such
supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture. 

It shall not be necessary for the consent of the Securityholders under this Section to approve the particular form of any proposed
supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof. 
 Promptly after the
execution by the Issuer, the Guarantors and the Trustee of any supplemental indenture pursuant to the provisions of this Section, the Trustee shall give notice thereof (i) to the Holders of then Outstanding Registered Securities of each series
affected thereby, by mailing a notice thereof by first-class mail to such Holders at their addresses as they shall appear on the Security register, (ii) if any Unregistered Securities of a series affected thereby are then Outstanding, to the
Holders thereof who have filed their names and addresses with the Trustee pursuant to Section 4.4(c)(ii), by mailing a notice thereof by first-class mail to such Holders at such addresses as were so furnished to the Trustee and (iii) if
any Unregistered Securities of a series affected thereby are then Outstanding, to all Holders thereof, by publication of a notice thereof at least once in an Authorized Newspaper in the Borough of Manhattan, The City of New York and at least once in
an Authorized Newspaper in London (and, if required by Section 3.7, at least once in an Authorized Newspaper in Luxembourg), and in each case such notice shall set forth in general terms the substance of such supplemental indenture. Any failure
of the Trustee to give such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture. 
 SECTION 8.3 Effect of Supplemental Indenture. Upon the execution of any supplemental indenture pursuant to the provisions hereof, this Indenture shall be and be deemed to be modified and amended in
accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Issuer, the Guarantors and the Holders of Securities of each series affected thereby shall thereafter
be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this
Indenture for any and all purposes. 
 SECTION 8.4 Documents to Be Given to Trustee. The Trustee, subject to the
provisions of Sections 6.1 and 6.2, may receive an Officer’s Certificate and an Opinion of Counsel as conclusive evidence that any supplemental indenture executed pursuant to this Article 8 complies with the applicable provisions of this
Indenture. 
 SECTION 8.5 Notation on Securities in Respect of Supplemental Indentures. Securities of any series
authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article may bear a notation in form approved by the Trustee for such series as to any matter provided for by such supplemental indenture
or as to any

  

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action taken by Securityholders. If the Issuer or the Trustee shall so determine, new Securities of any series so modified as to conform, in the opinion of the Trustee and the Board of Directors,
to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Issuer, authenticated by the Trustee and delivered in exchange for the Securities of such series then Outstanding. 
 ARTICLE NINE 
 CONSOLIDATION, MERGER, SALE OR CONVEYANCE 
 SECTION 9.1 Covenant Not to Merge, Consolidate, Sell or Convey Property
Except Under Certain Conditions. The Issuer covenants that it will not merge or consolidate with any other Person or sell, lease or convey all or substantially all of its assets to any other Person, unless (i) either the Issuer shall be the
continuing corporation, or the successor corporation or the Person which acquires by sale, lease or conveyance substantially all the assets of the Issuer (if other than the Issuer) shall be a corporation organized under the laws of the United States
of America or any State thereof or the District of Columbia and shall expressly assume the due and punctual payment of the principal of and interest on all the Securities and Coupons, if any, according to their tenor, and the due and punctual
performance and observance of all of the covenants and conditions of this Indenture to be performed or observed by the Issuer, by supplemental indenture satisfactory to the Trustee, executed and delivered to the Trustee by such corporation, and
(ii) the Issuer, such Person or such successor corporation, as the case may be, shall not, immediately after such merger or consolidation, or such sale, lease or conveyance, be in default in the performance of any such covenant or condition.

 SECTION 9.2 Successor Corporation Substituted. In case of any such consolidation, merger, sale, lease or conveyance,
and following such an assumption by the successor corporation, such successor corporation shall succeed to and be substituted for the Issuer, with the same effect as if it had been named herein. Such successor corporation may cause to be signed, and
may issue either in its own name or in the name of the Issuer prior to such succession any or all of the Securities issuable hereunder which together with any Coupons appertaining thereto theretofore shall not have been signed by the Issuer and
delivered to the Trustee; and, upon the order of such successor corporation, instead of the Issuer, and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall deliver any
Securities together with any Coupons appertaining thereto which previously shall have been signed and delivered by the officers of the Issuer to the Trustee for authentication, and any Securities which such successor corporation thereafter shall
cause to be signed and delivered to the Trustee for that purpose. All of the Securities so issued together with any Coupons appertaining thereto shall in all respects have the same legal rank and benefit under this Indenture as the Securities
theretofore or thereafter issued in accordance with the terms of this Indenture as though all of such Securities had been issued at the date of the execution hereof. 
 In case of any such consolidation, merger, sale, lease or conveyance such changes in phrasing and form (but not in substance) may be made in the Securities and Coupons thereafter to be issued as may be
appropriate. 
  

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 In the event of any such sale or conveyance (other than a conveyance by way of lease) the
Issuer or any successor corporation which shall theretofore have become such in the manner described in this Article shall be discharged from all obligations and covenants under this Indenture and the Securities and may be liquidated and dissolved.

 SECTION 9.3 Opinion of Counsel Delivered to Trustee. The Trustee, subject to the provisions of Sections 6.1 and 6.2,
may receive an Opinion of Counsel as conclusive evidence that any such consolidation, merger, sale, lease or conveyance, and any such assumption, and any such liquidation or dissolution, complies with the applicable provisions of this Indenture.

 SECTION 9.4 Guarantors May Consolidate, Etc., Only on Certain Terms. No Guarantors (other than any Guarantor whose
Guarantee is to be released in accordance with the terms of the Guarantee and Section 13.6 of this Indenture) will, and the Issuer will not cause or permit any Guarantor to, consolidate with or merge into or sell, assign, transfer, lease,
convey or otherwise dispose of its properties and assets as an entirety or substantially as an entirety to any other Person (other than the Issuer or any other Guarantor), unless: 
 (1) such Guarantors shall be the surviving or continuing corporations or in case the Guarantors shall consolidate with or
merge into another Person or sell, assign, transfer, lease, convey or otherwise dispose of its properties and assets as an entirety or substantially as an entirety to any Person, the Person formed by such consolidation or into which the Guarantors
is merged or the Person which acquires by sale, assignment, transfer, lease, conveyance or otherwise the properties and assets of the Guarantors as an entirety or substantially as an entirety shall be a corporation organized and existing under the
laws of the United States of America, any state thereof or the District of Columbia, and shall expressly assume, by an indenture (or indentures, if at such time there is more than one Trustee) supplemental hereto, executed by the successor Person
and the Issuer and delivered to the Trustee, the due and punctual payment of the principal of, any premium and interest on all the Securities and the performance of every obligation in this Indenture and the Outstanding Securities on the part of the
Guarantors to be performed or observed; 
 (2) immediately after giving effect to such transaction, no Event of
Default or event which, after notice or lapse of time, or both, would become an Event of Default, shall have occurred and be continuing; and 
 (3) either the Guarantors or the successor Person shall have delivered to the Trustee a Guarantors’ Officer’s Certificate and an Opinion of Counsel, each stating that such consolidation, merger,
sale, assignment, transfer, lease, conveyance or other disposition and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture comply with this Article and that all conditions precedent herein
provided for relating to such transaction have been complied with. 
 Notwithstanding the foregoing provisions of this
Section 9.4, any Guarantor may, and the Issuer may cause or permit any Guarantor to, sell, assign, transfer, lease, convey or otherwise dispose of such Guarantor’s Foreign Assets to any Subsidiary to the extent that such sale, assignment,
transfer, lease, conveyance or disposition is also permitted under the Credit Agreement. 
  

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 SECTION 9.5 Successor Person Substituted for Guarantors. Upon any consolidation or
amalgamation by a Guarantor with or merger of a Guarantor into any other Person or any sale, assignment, transfer, lease, conveyance or disposition of the properties and assets of any Guarantor substantially as an entirety to any Person in
accordance with Section 9.4 (other than as permitted by the last paragraph of Section 9.4), the successor Person formed by such consolidation or amalgamation or into which the Guarantor is merged or to which such sale, assignment,
transfer, lease, conveyance or disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, a Guarantor under this Indenture with the same effect as if such successor Person had been named as a Guarantor
herein; and thereafter, except in the case of a lease, the predecessor Person shall be released from all obligations and covenants under this Indenture and the Securities. 
 ARTICLE TEN 
 SATISFACTION AND DISCHARGE OF INDENTURE; UNCLAIMED MONEYS 

 SECTION 10.1 Satisfaction and Discharge of Indenture. (A) If at any time (a) the Issuer or the Guarantors
shall have paid or caused to be paid the principal of and interest on all the Securities of any series Outstanding hereunder and all unmatured Coupons appertaining thereto (other than Securities of such series and Coupons appertaining thereto which
have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 2.9) as and when the same shall have become due and payable, or (b) the Issuer shall have delivered to the Trustee for cancellation all
Securities of any series theretofore authenticated and all unmatured Coupons appertaining thereto (other than any Securities of such series and Coupons appertaining thereto which shall have been destroyed, lost or stolen and which shall have been
replaced or paid as provided in Section 2.9) or (c) in the case of any series of Securities where the exact amount (including the currency of payment) of principal of and interest due on which can be determined at the time of making the
deposit referred to in clause (ii) below, (i) all the Securities of such series and all unmatured Coupons appertaining thereto not theretofore delivered to the Trustee for cancellation shall have become due and payable, or are by their
terms to become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption, and (ii) the Issuer or the Guarantors shall have
irrevocably deposited or caused to be deposited with the Trustee as trust funds the entire amount in cash (other than moneys repaid by the Trustee or any paying agent to the Issuer or the Guarantors in accordance with Section 10.4) or, in the
case of any series of Securities the payments on which may only be made in Dollars, obligations issued or guaranteed as to principal and interest by the United States or by a Person controlled or supervised by and acting as an instrumentality of the
government of the United States pursuant to authority granted by the Congress of the United States (“U.S. Government Obligations”), maturing as to principal and interest at such times and in such amounts as will insure the availability of
cash, or 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 (A) the principal and interest on all
Securities of such series and Coupons appertaining thereto on each date that such principal or

  

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interest is due and payable and (B) any mandatory sinking fund payments on the dates on which such payments are due and payable in accordance with the terms of the Indenture and the
Securities of such series; and if, in any such case, the Issuer or the Guarantors shall also pay or cause to be paid all other sums payable hereunder by the Issuer, then this Indenture shall cease to be of further effect (except as to
(i) rights of registration of transfer and exchange of Securities of such Series and of Coupons appertaining thereto and the Issuer’s right of optional redemption, if any, (ii) substitution of mutilated, defaced, destroyed, lost or
stolen Securities or Coupons, (iii) rights of holders of Securities and Coupons appertaining thereto to receive payments of principal thereof and interest thereon, upon the original stated due dates therefor (but not upon acceleration), and
remaining rights of the Holders to receive mandatory sinking fund payments, if any, (iv) the rights, obligations, duties and immunities of the Trustee hereunder, (v) the rights of the Holders of Securities of such series and Coupons
appertaining thereto as beneficiaries hereof with respect to the property so deposited with the Trustee payable to all or any of them, and (vi) the obligations of the Issuer under Section 3.2) and the Trustee, on demand of the Issuer
accompanied by an Officer’s Certificate and an Opinion of Counsel and at the cost and expense of the Issuer, shall execute proper instruments acknowledging such satisfaction of and discharging this Indenture; provided, that the rights of
Holders of the Securities and Coupons to receive amounts in respect of principal of and interest on the Securities and Coupons held by them shall not be delayed longer than required by then-applicable mandatory rules or policies of any securities
exchange upon which the Securities are listed. The Issuer agrees to reimburse the Trustee for any costs or expenses thereafter reasonably and properly incurred and to compensate the Trustee for any services thereafter reasonably and properly
rendered by the Trustee in connection with this Indenture or the Securities of such series. 
 (B) The following provisions
shall apply to the Securities of each series unless specifically otherwise provided in a Board Resolution, Officer’s Certificate or indenture supplemental hereto provided pursuant to Section 2.3. In addition to discharge of the Indenture
pursuant to the next preceding paragraph, in the case of any series of Securities the exact amounts (including the currency of payment) of principal of and interest due on which can be determined at the time of making the deposit referred to in
clause (a) below, the entire indebtedness on all the Securities of such a series and the Coupons appertaining thereto shall be deemed to have been paid and discharged on the 91st day after the date of the deposit referred to in subparagraph
(a) below, and the provisions of this Indenture with respect to the Securities of such series and Coupons appertaining thereto shall no longer be in effect (except as to (i) rights of registration of transfer and exchange of Securities of
such series and of Coupons appertaining thereto and the Issuer’s right of optional redemption, if any, (ii) substitution of mutilated, defaced, destroyed, lost or stolen Securities or Coupons, (iii) rights of Holders of Securities and
Coupons appertaining thereto to receive payments of principal thereof and interest thereon, upon the original stated due dates therefor (but not upon acceleration), and remaining rights of the Holders to receive mandatory sinking fund payments, if
any, (iv) the rights, obligations, duties and immunities of the Trustee hereunder, (v) the rights of the Holders of Securities of such series and Coupons appertaining thereto as beneficiaries hereof with respect to the property so
deposited with the Trustee payable to all or any of them and (vi) the obligations of the Issuer under Section 3.2) and the Trustee, at the expense of the Issuer, shall at the Issuer’s request, execute proper instruments acknowledging
the same, if 
  

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 (a) with reference to this provision the Issuer or the Guarantors have
irrevocably deposited or caused to be irrevocably deposited with the Trustee as trust funds in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of the Securities of such series and Coupons appertaining
thereto (i) cash in an amount, or (ii) in the case of any series of Securities the payments on which may only be made in Dollars, U.S. Government Obligations, maturing as to principal and interest at such times and in such amounts as will
insure the availability of cash or (iii) 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
(A) the principal and interest on all Securities of such series and Coupons appertaining thereto on each date that such principal or interest is due and payable and (B) any mandatory sinking fund payments on the dates on which such
payments are due and payable in accordance with the terms of the Indenture and the Securities of such series; 
 (b) such deposit will not result in a breach or violation of, or constitute a default under, any agreement or instrument to which the Issuer is a party or by which it is bound; 
 (c) the Issuer has delivered to the Trustee an Opinion of Counsel based on the fact that (x) the Issuer has received
from, or there has been published by, the Internal Revenue Service a ruling or (y) since the date hereof, there has been a change in the applicable Federal income tax law, in either case to the effect that, and such opinion shall confirm that,
the Holders of the Securities of such series and Coupons appertaining thereto will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject to Federal income tax on
the same amount and in the same manner and at the same times, as would have been the case if such deposit, defeasance and discharge had not occurred; and 
 (d) the Issuer has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for relating to the defeasance contemplated by this
provision have been complied with. 
 (C) The Issuer shall be released from its obligations under Sections 3.6 and 9.1 with
respect to the Securities of any Series, and any Coupons appertaining thereto, Outstanding on and after the date the conditions set forth below are satisfied (hereinafter, “covenant defeasance”). For this purpose, such covenant defeasance
means that, with respect to the Outstanding Securities of any Series, the Issuer may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in such Section, whether directly or indirectly by reason
of any reference elsewhere herein to such Section or by reason of any reference in such Section to any other provision herein or in any other document and such omission to comply shall not constitute an Event of Default under Section 5.1, but
the remainder of this Indenture and such Securities and Coupons shall be unaffected thereby. The following shall be the conditions to application of this subsection C of this Section 10.1: 
 (a) The Issuer or the Guarantors have irrevocably deposited or caused to be deposited with the Trustee as trust funds in
trust for the purpose of making the following

  

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payments, specifically pledged as security for, and dedicated solely to, the benefit of the holders of the Securities of such series and coupons appertaining thereto, (i) cash in an amount,
or (ii) in the case of any series of Securities the payments on which may only be made in Dollars, U.S. Government Obligations maturing as to principal and interest at such times and in such amounts as will insure the availability of cash or
(iii) 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 (A) the principal and interest on all
Securities of such series and Coupons appertaining thereto and (B) any mandatory sinking fund payments on the day on which such payments are due and payable in accordance with the terms of the Indenture and the Securities of such series.

 (b) No Event of Default or event which with notice or lapse of time or both would become an Event of Default
with respect to the Securities shall have occurred and be continuing on the date of such deposit or, insofar as subsections 5.1(d) and (e) are concerned, at any time during the period ending on the 91st day after the date of such deposit (it
being understood that this condition shall not be deemed satisfied until the expiration of such period). 
 (c)
Such covenant defeasance shall not cause the Trustee to have a conflicting interest as defined in Section 6.8 and for purposes of the Trust Indenture Act of 1939 with respect to any securities of the Issuer. 
 (d) Such covenant defeasance shall not result in a breach or violation of, or constitute a default under, this Indenture or
any other agreement or instrument to which the Issuer is a party or by which it is bound. 
 (e) Such covenant
defeasance shall not cause any Securities then listed on any registered national securities exchange under the Securities Exchange Act of 1934, as amended, to be delisted. 
 (f) The Issuer shall have delivered to the Trustee an Officer’s Certificate and Opinion of Counsel to the effect that
the Holders of the Securities of such series and Coupons appertaining thereto 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. 
 (g) The Issuer shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for relating to the covenant defeasance
contemplated by this provision have been complied with. 
 SECTION 10.2 Application by Trustee of Funds Deposited for Payment
of Securities. Subject to Section 10.4, all moneys deposited with the Trustee (or other trustee) pursuant to Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any paying agent (including
the Issuer acting as its own paying agent), to the Holders of the particular Securities of such series and of Coupons appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and
to become due thereon for principal and interest; but such money need not be segregated from other funds except to the extent required by law. 
  

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 SECTION 10.3 Repayment of Moneys Held by Paying Agent. In connection with the
satisfaction and discharge of this Indenture with respect to Securities of any series, all moneys then held by any paying agent under the provisions of this Indenture with respect to such series of Securities shall, upon demand of the Issuer or the
Guarantors, as the case may be, be repaid to them or paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such moneys. 
 SECTION 10.4 Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the
Trustee or any paying agent for the payment of the principal of or interest on any Security of any series or Coupons attached thereto and not applied but remaining unclaimed for two years after the date upon which such principal or interest shall
have become due and payable, shall, upon the written request of the Issuer or the Guarantors, as the case may be, and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the
Issuer or the Guarantors, as the case may be, by the Trustee for such series or such paying agent, and the Holder of the Securities of such series and of any Coupons appertaining thereto shall, unless otherwise required by mandatory provisions of
applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer and the Guarantors for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such
moneys shall thereupon cease; provided, however, that the Trustee or such paying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment (a) in respect of Registered
Securities of any series, shall at the expense of the Issuer, mail by first-class mail to Holders of such Securities at their addresses as they shall appear on the Security register, and (b) in respect of Unregistered Securities of any series,
shall at the expense of the Issuer cause to be published once, in an Authorized Newspaper in the Borough of Manhattan, The City of New York and once in an Authorized Newspaper in London (and if required by Section 3.7, once in an Authorized
Newspaper in Luxembourg), notice, that such moneys remain and that, after a date specified therein, which shall not be less than thirty days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be
repaid to the Issuer. 
 SECTION 10.5 Indemnity for U.S. Government Obligations. The Issuer shall pay and indemnify the
Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations deposited pursuant to Section 10.1 or the principal or interest received in respect of such obligations. 
 ARTICLE ELEVEN 
 MISCELLANEOUS PROVISIONS 
 SECTION 11.1 Incorporators, Shareholders, Officers and Directors of Issuer Exempt
from Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness

  

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evidenced thereby, shall be had against any incorporator, as such or against any past, present or future shareholder (except in a shareholder’s capacity as Guarantor), officer or director,
as such, of the Issuer or any Guarantor or of any successor of any of them, either directly or through the Issuer or any Guarantor or any successor of any of them, under any rule of law, statute or constitutional provision or by the enforcement of
any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities and the Coupons appertaining thereto by the Holders thereof and as part of the
consideration for the issue of the Securities and the Coupons appertaining thereto. 
 SECTION 11.2 Provisions of Indenture
for the Sole Benefit of Parties and Holders of Securities and Coupons. Nothing in this Indenture, in the Securities or in the Coupons appertaining thereto, expressed or implied, shall give or be construed to give to any person, firm or
corporation, other than the parties hereto and their successors and the Holders of the Securities or Coupons, if any, any legal or equitable right, remedy or claim under this Indenture or under any covenant or provision herein contained, all such
covenants and provisions being for the sole benefit of the parties hereto and their successors and of the Holders of the Securities or Coupons, if any. 
 SECTION 11.3 Successors and Assigns. All the covenants, stipulations, promises and agreements in this Indenture contained by or in behalf of the Issuer shall bind its successors and assigns,
whether so expressed or not. All the covenants, stipulations, promises and agreements in this Indenture contained by or in behalf of the Guarantors shall bind their successors and assigns, whether so expressed or not. 
 SECTION 11.4 Notices and Demands on Issuer, Trustee and Holders of Securities and Coupons. Any notice or demand which by any
provision of this Indenture is required or permitted to be given or served by the Trustee or by the Holders of Securities or Coupons to or on the Issuer may be given or served by being deposited postage prepaid, first-class mail (except as otherwise
specifically provided herein) addressed (until another address of the Issuer is filed by the Issuer with the Trustee) to THE LUBRIZOL CORPORATION, 29400 Lakeland Boulevard, Wickliffe, Ohio 44092, Attention: Chief Financial Officer. Any notice,
direction, request or demand by the Issuer or any Holder of Securities or Coupons to or upon the Trustee shall be deemed to have been sufficiently given or served by being deposited postage prepaid, first-class mail (except as otherwise specifically
provided herein) addressed (until another address of the Trustee is filed by the Trustee with the Issuer) to 277 W. Monroe Street, Suite 2600, Chicago, Illinois 60606, Attention: Corporate Trust Services Division. 
 Where this Indenture provides for notice to Holders of Registered Securities, such notice shall be sufficiently given (unless otherwise
herein expressly provided) if in writing and mailed, first-class postage prepaid, to each Holder entitled thereto, at his last address as it appears in the Security register. In any case where notice to such Holders is given by mail, neither the
failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. Where this Indenture provides for notice in any manner, such notice may be
waived in writing by the person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a
condition precedent to the validity of any action taken in reliance upon such waiver. 
  

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 In case, by reason of the suspension of or irregularities in regular mail service, it shall
be impracticable to mail notice to the Issuer when such notice is required to be given pursuant to any provision of this Indenture, then any manner of giving such notice as shall be reasonably satisfactory to the Trustee shall be deemed to be a
sufficient giving of such notice. 
 SECTION 11.5 Officer’s Certificates and Opinions of Counsel; Statements to Be
Contained Therein. Upon any application or demand by the Issuer to the Trustee to take any action under any of the provisions of this Indenture, the Issuer shall furnish to the Trustee an Officer’s Certificate stating that all conditions
precedent provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent have been complied with, except that in the case of
any such application or demand as to which the furnishing of such documents is specifically required by any provision of this Indenture relating to such particular application or demand, no additional certificate or opinion need be furnished.

 Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a
condition or covenant provided for in this Indenture shall include (a) a statement that the person making such certificate or opinion has read such covenant or condition, (b) 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, (c) a statement that, in the opinion of such person, he has made such examination or investigation as is necessary to enable him to
express an informed opinion as to whether or not such covenant or condition has been complied with and (d) a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with. 
 Any certificate, statement or opinion of an officer of the Issuer or the Guarantors may be based, insofar as it relates to legal matters,
upon a certificate or opinion of or representations by counsel, unless such officer knows that the certificate or opinion or representations with respect to the matters upon which his certificate, statement or opinion may be based as aforesaid are
erroneous, or in the exercise of reasonable care should know that the same are erroneous. Any certificate, statement or opinion of counsel may be based, insofar as it relates to factual matters, information with respect to which is in the possession
of the Issuer or the Guarantors, upon the certificate, statement or opinion of or representations by an officer or officers of the Issuer or the Guarantors, as the case may be, unless such counsel knows that the certificate, statement or opinion or
representations with respect to the matters upon which his certificate, statement or opinion may be based as aforesaid are erroneous, or in the exercise of reasonable care should know that the same are erroneous. 
 Any certificate, statement or opinion of an officer of the Issuer or the Guarantors or of counsel may be based, insofar as it relates to
accounting matters, upon a certificate or opinion of or representations by an accountant or firm of accountants in the employ of the Issuer or the Guarantors, as the case may be, unless such officer or counsel, as the case may be, knows that the
certificate or opinion or representations with respect to the accounting matters upon which his certificate, statement or opinion may be based as aforesaid are erroneous, or in the exercise of reasonable care should know that the same are erroneous.

  

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 Any certificate or opinion of any independent firm of public accountants filed with and
directed to the Trustee shall contain a statement that such firm is independent. 
 SECTION 11.6 Payments Due on Saturdays,
Sundays and Holidays. If the date of maturity of interest on or principal of the Securities of any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any such Security or Coupon shall not be a Business
Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall
accrue for the period after such date. 
 SECTION 11.7 Conflict of Any Provision of Indenture with Trust Indenture Act of
1939. If and to the extent that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by, or with another provision (an “incorporated provision”) included in this Indenture by operation of, Sections 310
to 318, inclusive, of the Trust Indenture Act of 1939, such imposed duties or incorporated provision shall control. 
 SECTION
11.8 New York Law to Govern. This Indenture and each Security and Coupon shall be deemed to be a contract under the laws of the State of New York, and for all purposes shall be construed in accordance with the laws of such State, except as
may otherwise be required by mandatory provisions of law. 
 SECTION 11.9 Counterparts. This Indenture may be executed in
any number of counterparts, each of which shall be an original; but such counterparts shall together constitute but one and the same instrument. 
 SECTION 11.10 Effect of Headings. The Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof. 
 SECTION 11.11 Securities in a Foreign Currency or in ECU. Unless otherwise specified in an Officer’s Certificate delivered
pursuant to Section 2.3 of this Indenture 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 ECUs), 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. For purposes of this
Section 11.11, 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 ECUs, Market
Exchange Rate shall mean the rate of exchange determined by the Commission of the European Communities (or any successor thereto) as published in the Official Journal of the European Communities (such publication or any successor publication, the
“Journal”). If such Market Exchange Rate is not available for any

  

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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
ECUs, the rate of exchange as published in the Journal, as of the most recent available date, or quotations or, in the case of ECUs, rates of exchange from one or more major banks in The City of New York or in the country of issue of the currency in
question, which for purposes of the ECU shall be Brussels, Belgium, or such other quotations or, in the case of ECU, rates of exchange as the Trustee 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 a currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. 
 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 its 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 Issuer and all Holders. 
 SECTION 11.12 Judgment Currency. The Issuer and each Guarantor agree, to the fullest extent that they 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 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 New York Banking Day, then, to the extent permitted by applicable law, 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 New York Banking Day preceding the day on which final unappealable judgment is entered and (b) their
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. For purposes of the foregoing, “New York Banking Day” means any day except a Saturday, Sunday or a legal
holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or required by law or executive order to close. 
 ARTICLE TWELVE 
 REDEMPTION OF SECURITIES AND SINKING FUNDS 
 SECTION 12.1 Applicability of Article. The provisions of this Article shall be applicable to the Securities of any series which are
redeemable before their maturity or to any sinking fund for the retirement of Securities of a series except as otherwise specified as contemplated by Section 2.3 for Securities of such series. 
  

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 SECTION 12.2 Notice of Redemption; Partial Redemptions. Notice of redemption to the
Holders of Registered Securities of any series to be redeemed as a whole or in part at the option of the Issuer shall be given by mailing notice of such redemption by first class mail, postage prepaid, at least 30 days and not more than 60 days
prior to the date fixed for redemption to such Holders of Securities of such series at their last addresses as they shall appear upon the registry books. Notice of redemption to the Holders of Unregistered Securities to be redeemed as a whole or in
part, who have filed their names and addresses with the Trustee pursuant to Section 4.4(c)(ii), shall be given by mailing notice of such redemption, by first class mail, postage prepaid, at least 30 days and not more than 60 prior to the date
fixed for redemption, to such Holders at such addresses as were so furnished to the Trustee (and, in the case of any such notice given by the Issuer, the Trustee shall make such information available to the Issuer for such purpose). Notice of
redemption to all other Holders of Unregistered Securities shall be published in an Authorized Newspaper in the Borough of Manhattan, The City of New York and in an Authorized Newspaper in London (and, if required by Section 3.7, in an
Authorized Newspaper in Luxembourg), in each case, once in each of three successive calendar weeks, the first publication to be not less than 30 nor more than 60 days prior to the date fixed for redemption. Any notice which is mailed in the manner
herein provided shall be conclusively presumed to have been duly given, whether or not the Holder receives the notice. Failure to give notice by mail, or any defect in the notice to the Holder of any Security of a series designated for redemption as
a whole or in part shall not affect the validity of the proceedings for the redemption of any other Security of such series. 
 The notice of redemption to each such Holder shall specify, the principal amount of each Security of such series held by such Holder to be redeemed, the date fixed for redemption, the redemption price, the place or places of payment, that
payment will be made upon presentation and surrender of such Securities and, in the case of Securities with Coupons attached thereto, of all Coupons appertaining thereto maturing after the date fixed for redemption, that such redemption is pursuant
to the mandatory or optional sinking fund, or both, if such be the case, that interest accrued to the date fixed for redemption will be paid as specified in such notice and that on and after said date interest thereon or on the portions thereof to
be redeemed will cease to accrue. In case any Security of a series is to be redeemed in part only the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that on and after the date fixed for
redemption, upon surrender of such Security, a new Security or Securities of such series in principal amount equal to the unredeemed portion thereof will be issued. 
 The notice of redemption of Securities of any series to be redeemed at the option of the Issuer shall be given by the Issuer or, at the Issuer’s request, by the Trustee in the name and at the expense
of the Issuer. 
 On or before the redemption date specified in the notice of redemption given as provided in this Section, the
Issuer or the Guarantors will deposit with the Trustee or with one or more paying agents (or, if the Issuer is acting as its own paying agent, set aside, segregate and hold in trust as provided in Section 3.4) an amount of money sufficient to
redeem on the

  

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redemption date all the Securities of such series so called for redemption at the appropriate redemption price, together with accrued interest to the date fixed for redemption. The Issuer will
deliver to the Trustee at least 70 days prior to the date fixed for redemption an Officer’s Certificate stating the aggregate principal amount of Securities to be redeemed. In case of a redemption at the election of the Issuer prior to the
expiration of any restriction on such redemption, the Issuer shall deliver to the Trustee, prior to the giving of any notice of redemption to Holders pursuant to this Section, an Officer’s Certificate stating that such restriction has been
complied with. 
 If less than all the Securities of a series are to be redeemed, the Trustee shall select, in such manner as it
shall deem appropriate and fair, Securities of such Series to be redeemed in whole or in part. Securities may be redeemed in part in multiples equal to the minimum authorized denomination for Securities of such series or any multiple thereof. The
Trustee shall promptly notify the Issuer in writing of the Securities of such series selected for redemption and, in the case of any Securities of such series selected for partial redemption, the principal amount thereof to be redeemed. For all
purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities of any series shall relate, in the case of any Security redeemed or to be redeemed only in part, to the portion of the
principal amount of such Security which has been or is to be redeemed. 
 SECTION 12.3 Payment of Securities Called for
Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption
price, together with interest accrued to the date fixed for redemption, and on and after said date (unless the Issuer shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on
the Securities or portions of Securities so called for redemption shall cease to accrue, and the unmatured Coupons, if any, appertaining thereto shall be void, and, except as provided in Sections 6.5 and 10.4, such Securities shall cease from and
after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid
interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, together with all Coupons, if any, appertaining thereto maturing after the date fixed for redemption, said
Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that payment of interest becoming due
on or prior to the date fixed for redemption shall be payable in the case of Securities with Coupons attached thereto, to the Holders of the Coupons for such interest upon surrender thereof, and in the case of Registered Securities, to the Holders
of such Registered Securities registered as such on the relevant record date subject to the terms and provisions of Sections 2.3 and 2.7 hereof. 
 If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at
the rate of interest or Yield to Maturity (in the case of an Original Issue Discount Security) borne by such Security. 
  

 63 

 If any Security with Coupons attached thereto is surrendered for redemption and is not
accompanied by all appurtenant Coupons maturing after the date fixed for redemption, the surrender of such missing Coupon or Coupons may be waived by the Issuer and the Trustee, if there be furnished to each of them such security or indemnity as
they may require to save each of them harmless. 
 Upon presentation of any Security redeemed in part only, the Issuer shall
execute and the Trustee shall authenticate and deliver to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed
portion of the Security so presented. 
 SECTION 12.4 Exclusion of Certain Securities from Eligibility for Selection for
Redemption. Securities shall be excluded from eligibility for selection for redemption if they are identified by registration and certificate number in an Officer’s Certificate delivered to the Trustee at least 40 days prior to the last
date on which notice of redemption may be given as being owned of record and beneficially by, and not pledged or hypothecated by either (a) the Issuer or (b) an entity specifically identified in such written statement as directly or
indirectly controlling or controlled by or under direct or indirect common control with the Issuer. 
 SECTION 12.5 Mandatory
and Optional Sinking Funds. The minimum amount of any sinking fund payment provided for by the terms of the Securities of any series is herein referred to as a “mandatory sinking fund payment”, and any payment in excess of such minimum
amount provided for by the terms of the Securities of any series is herein referred to as an “optional sinking fund payment”. The date on which a sinking fund payment is to be made is herein referred to as the “sinking fund payment
date”. 
 In lieu of making all or any part of any mandatory sinking fund payment with respect to any series of Securities
in cash, the Issuer may at its option (a) deliver to the Trustee Securities of such series theretofore purchased or otherwise acquired (except upon redemption pursuant to the mandatory sinking fund) by the Issuer or receive credit for
Securities of such series (not previously so credited) theretofore purchased or otherwise acquired (except as aforesaid) by the Issuer and delivered to the Trustee for cancellation pursuant to Section 2.10, (b) receive credit for optional
sinking fund payments (not previously so credited) made pursuant to this Section, or (c) receive credit for Securities of such series (not previously so credited) redeemed by the Issuer through any optional redemption provision contained in the
terms of such series. Securities so delivered or credited shall be received or credited by the Trustee at the sinking fund redemption price specified in such Securities. 
 On or before the 60th day next preceding each sinking fund payment date for any series, the Issuer will deliver to the Trustee an Officer’s Certificate (which need not contain the statements required
by Section 11.5) (a) specifying the portion of the mandatory sinking fund payment to be satisfied by payment of cash and the portion to be satisfied by credit of Securities of such series and the basis for such credit, (b) stating
that none of the Securities of such series has theretofore been so credited, (c) stating that no defaults in the payment of interest or Events of Default with respect to such series have occurred (which have not been waived or cured) and are
continuing and (d) stating whether or not the Issuer intends to exercise its right to make an optional sinking fund payment with respect to such series and, if so, specifying the amount of

  

 64 

 
such optional sinking fund payment which the Issuer intends to pay on or before the next succeeding sinking fund payment date. Any Securities of such series to be credited and required to be
delivered to the Trustee in order for the Issuer to be entitled to credit therefor as aforesaid which have not theretofore been delivered to the Trustee shall be delivered for cancellation pursuant to Section 2.10 to the Trustee with such
Officer’s Certificate (or reasonably promptly thereafter if acceptable to the Trustee). Such Officer’s Certificate shall be irrevocable and upon its receipt by the Trustee the Issuer shall become unconditionally obligated to make all the
cash payments or payments therein referred to, if any, on or before the next succeeding sinking fund payment date. Failure of the Issuer, on or before any such 60th day, to deliver such Officer’s Certificate and Securities specified in this
paragraph, if any, shall not constitute a default but shall constitute, on and as of such date, the irrevocable election of the Issuer (i) that the mandatory sinking fund payment for such series due on the next succeeding sinking fund payment
date shall be paid entirely in cash without the option to deliver or credit Securities of such series in respect thereof and (ii) that the Issuer will make no optional sinking fund payment with respect to such series as provided in this
Section. 
 If the sinking fund payment or payments (mandatory or optional or both) to be made in cash on the next succeeding
sinking fund payment date plus any unused balance of any preceding sinking fund payments made in cash shall exceed $50,000 (or the equivalent thereof in any Foreign Currency or ECU) or a lesser sum in Dollars (or the equivalent thereof in any
Foreign Currency or ECU) if the Issuer shall so request with respect to the Securities of any particular series, such cash shall be applied on the next succeeding sinking fund payment date to the redemption of Securities of such series at the
sinking fund redemption price together with accrued interest to the date fixed for redemption. If such amount shall be $50,000 (or the equivalent thereof in any Foreign Currency or ECU) or less and the Issuer makes no such request then it shall be
carried over until a sum in excess of $50,000 (or the equivalent thereof in any Foreign Currency or ECU) is available. The Trustee shall select, in the manner provided in Section 12.2, for redemption on such sinking fund payment date a
sufficient principal amount of Securities of such series to absorb said cash, as nearly as may be, and shall (if requested in writing by the Issuer) inform the Issuer of the serial numbers of the Securities of such series (or portions thereof) so
selected. Securities shall be excluded from eligibility for redemption under this Section if they are identified by registration and certificate number in an Officer’s Certificate delivered to the Trustee at least 60 days prior to the sinking
fund payment date as being owned of record and beneficially by, and not pledged or hypothecated by either (a) the Issuer or (b) an entity specifically identified in such Officer’s Certificate as directly or indirectly controlling or
controlled by or under direct or indirect common control with the Issuer. The Trustee, in the name and at the expense of the Issuer (or the Issuer, if it shall so request the Trustee in writing) shall cause notice of redemption of the Securities of
such series to be given in substantially the manner provided in Section 12.2 (and with the effect provided in Section 12.3) for the redemption of Securities of such series in part at the option of the Issuer. The amount of any sinking fund
payments not so applied or allocated to the redemption of Securities of such series shall be added to the next cash sinking fund payment for such series and, together with such payment, shall be applied in accordance with the provisions of this
Section. Any and all sinking fund moneys held on the stated maturity date of the Securities of any particular series (or earlier, if such maturity is accelerated), which are not held for the payment or redemption of particular Securities of such
series shall be applied, together with other moneys, if necessary, sufficient for the purpose, to the payment of the principal of, and interest on, the Securities of such series at maturity. 
  

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 On or before each sinking fund payment date, the Issuer shall pay to the Trustee in cash or
shall otherwise provide for the payment of all interest accrued to the date fixed for redemption on Securities to be redeemed on the next following sinking fund payment date. 
 The Trustee shall not redeem or cause to be redeemed any Securities of a series with sinking fund moneys or give any notice of redemption of
Securities for such series by operation of the sinking fund during the continuance of a default in payment of interest on such Securities or of any Event of Default except that, where the giving of notice of redemption of any Securities shall
theretofore have been made, the Trustee shall redeem or cause to be redeemed such Securities, provided that it shall have received from the Issuer a sum sufficient for such redemption. Except as aforesaid, any moneys in the sinking fund for such
series at the time when any such default or Event of Default shall occur, and any moneys thereafter paid into the sinking fund, shall, during the continuance of such default or Event of Default, be deemed to have been collected under Article Five
and held for the payment of all such Securities. In case such Event of Default shall have been waived as provided in Section 5.10 or the default cured on or before the sixtieth day preceding the sinking fund payment date in any year, such
moneys shall thereafter be applied on the next succeeding sinking fund payment date in accordance with this Section to the redemption of such Securities. 
 ARTICLE THIRTEEN 
 GUARANTEES 
 SECTION 13.1 The Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, guarantees to each Holder of
a Security authenticated by the Trustee and to the Trustee and its successors and assigns that the principal of, premium thereon (if any) and interest on the Securities will be promptly paid in full when due, subject to any applicable grace period,
whether at maturity, by acceleration or otherwise, and interest on the overdue principal and interest on any overdue interest on the Securities and all other obligations of the Issuer to the Holders or the Trustee hereunder or under the Securities
will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; subject, however, to the limitations set forth in Section 13.3 hereof. Each Guarantor hereby agrees that its obligations hereunder shall be
unconditional, irrespective of the validity, regularity or enforceability of the Securities or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder with respect to any provisions hereof or thereof, the
recovery of any judgment against the Issuer, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a Guarantor. Each Guarantor hereby waives diligence, presentment,
demand of payment, filing of claims with a court in the event of insolvency or bankruptcy of the Issuer, any right to require a proceeding first against the Issuer, protest, notice and all demands whatsoever and covenants that the Guarantee will not
be discharged except by complete performance of the obligations contained in the Securities and this Indenture. If any Holder or the Trustee is required by any court or otherwise to return to the Issuer, any Guarantor, or any custodian, trustee,
liquidator or other similar official acting in relation to the Issuer or any Guarantor, any amount paid by the

  

 66 

 
Issuer or any Guarantor to the Trustee or such Holder, each Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. Each Guarantor further agrees that, as
between a Guarantor, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the obligations Guaranteed hereby may be accelerated as provided in Article 5 hereof for the purpose of each Guarantee,
notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any acceleration of such obligations as provided in Article 5 hereof, such
obligations (whether or not due and payable) shall become due and payable by each Guarantor for the purpose of each Guarantee. 
 Each Guarantor also agrees to pay any and all costs and expenses (including reasonable attorneys’ fees) incurred by the Trustee or any Holder in enforcing any rights under this Article 13. 
 SECTION 13.2 Severability. In case any provision of this Article 13 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. 
 SECTION 13.3
Limitation of Guarantors’ Liability. 
 (a) To the extent applicable, a Guarantor’s liability in
respect of its Guarantee shall be limited to the extent set forth below: 
 (1) Limitations Applicable to U.S.
Guarantors. Each Guarantor that is incorporated, organized or formed, as the case may be, under the laws of the United States, any State thereof or the District of Columbia (a “U.S. Guarantor”), and by its acceptance hereof, each
Holder and the Trustee, hereby confirm that it is the intention of all such parties that the Guarantee of a U.S. Guarantor does not constitute a fraudulent transfer or conveyance for purposes of Title 11 of the United States Code, as amended, the
Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar U.S. Federal or state or other applicable law. To effectuate the foregoing intention, each Holder and each U.S. Guarantor hereby irrevocably agree that the
obligations of a U.S. Guarantor under its Guarantee shall be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such U.S. Guarantor, result in the obligations of such U.S. Guarantor not
constituting such a fraudulent transfer or conveyance. 
 (2) Limitations Applicable to Other Guarantors.
Each Guarantor that is incorporated, organized or formed, as the case may be, under the laws of any jurisdiction other than one set forth in clause (1) above (an “Other Guarantor”), and by its acceptance hereof, each Holder and the
Trustee, hereby confirm that it is the intention of all such parties that the Guarantee of an Other Guarantor does not constitute a fraudulent transfer or conveyance for purposes of applicable law. To effectuate the foregoing intention, each Holder
and each Other Guarantor hereby irrevocably agree that the obligations of an Other Guarantor under its Guarantee shall be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Other
Guarantor, result in the obligations of such Other Guarantor not constituting such a fraudulent transfer or conveyance. 
  

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 (b) If, following the date of this Indenture and notwithstanding anything in
Section 8.2 to the contrary: 
 (1) (i) there shall be any change in the laws of the jurisdiction set
forth in clause (1) of subsection (a) of this Section 13.3 or (ii) any Restricted Subsidiary incorporated, organized or formed, as the case may be, under the laws of any jurisdiction other than one set forth in clause (1) of
subsection (a) of this Section 13.3 (a “Future Guarantor”) shall be required to execute a Guarantee and the Issuer shall reasonably determine that clause (2) with respect to Other Guarantors shall not adequately
address the limitations on such Guarantee imposed by applicable law of the jurisdiction of incorporation, organization or formation, as the case may be, of any such Future Guarantor; or 
 (2) the Issuer shall reasonably determine that it shall be necessary or advisable to amend the terms of clause (1) of
subsection (a) of this Section 13.3 or to add additional provisions related to the limitations imposed on the Guarantee of a Future Guarantor, 
 then upon the delivery of an Officer’s Certificate and Opinion of Counsel reasonably satisfactory to the Trustee, the Issuer shall be entitled to amend such clauses or add such additional provisions
(including any related modifications to the form of Guarantee attached hereto in Exhibit A), as the case may be, in order for the Guarantee of a Guarantor not to so violate applicable law. 
 Notwithstanding any other provision of this Indenture, stock of any foreign entity directly held by a Guarantor shall not serve as security
for any of the Securities issued under this Indenture, other than stock of any such foreign entity representing no more than 65% of the total combined voting power of all classes of stock of such entity entitled to vote. 
 SECTION 13.4 Successors and Assigns. This Article 13 shall be binding upon each Guarantor and its successors and assigns and shall
ensure to the benefit of the successors and assigns of the Trustee and the Holders and, in the event of any transfer or assignment of rights by any Holder or the Trustee, the rights and privileges conferred upon that party in this Indenture and in
the Securities shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 
 SECTION 13.5 No Waiver. Neither a failure nor a delay on the part of either the Trustee or the Holders in exercising any right, power or privilege under this Article 13 shall operate as a waiver
thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the Trustee and the Holders herein expressly specified are cumulative and not
exclusive of any other rights, remedies or benefits which either may have under this Article 13 at law, in equity, by statute or otherwise. 
  

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 SECTION 13.6 Release of Guarantor. A Guarantor shall be released from all of its obligations under
its Guarantee: 
 (a) in connection with any sale or other disposition of all of the Capital Stock of such
Guarantor to a Person other than the Issuer or any Subsidiary of the Issuer; 
 (b) in connection with the sale
or other disposition of all or substantially all of the assets of such Guarantor, including by way of merger, consolidation or otherwise, to a Person other than the Issuer or any Subsidiary of the Issuer; 
 (c) in the case of any Restricted Subsidiary which after the original issue date is required to Guarantee the Securities
pursuant to Section 3.8, upon the release or discharge of the guarantee of such Restricted Subsidiary of Debt of the Issuer which resulted in the obligation to so Guarantee the Securities; or 
 (d) upon the release of such Guarantor from all of its obligations under its guarantee granted in favor of the lenders under
the Credit Agreement. 
 SECTION 13.7 Execution of Supplemental Indenture for Future Guarantors. Each Subsidiary which is
required to become a Guarantor shall, and the Issuer shall cause each such Subsidiary to, promptly execute and deliver to the Trustee a supplemental indenture substantially in the form of Exhibit B hereto pursuant to which such Subsidiary
shall become a Guarantor under this Article 13 and shall guarantee the obligations of the Issuer under the Securities and this Indenture. Concurrently with the execution and delivery of such supplemental indenture, the Issuer shall deliver to the
Trustee an Opinion of Counsel to the effect that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or
transfer and other similar laws relating to creditors’ rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Guarantee of such Guarantor is a legal, valid and binding obligation of such
Guarantor, enforceable against such Guarantor in accordance with its terms. 
 SECTION 13.8 Execution and Delivery of
Guarantee. To evidence the Guarantee set forth in this Article 13, each Guarantor hereby agrees that a notation of such Guarantee shall be placed on each Security authenticated and made available for delivery by the Trustee and that this
Guarantee shall be executed on behalf of each Guarantor by the manual or facsimile signature of an Officer of each Guarantor. Each Guarantor hereby agrees that the Guarantee set forth in Section 13.1 hereof shall remain in full force and effect
notwithstanding any failure to endorse on each Security a notation of such Guarantee. If an Officer of a Guarantor whose signature is on the Guarantee no longer holds that office at the time the Trustee authenticates the Security on which the
Guarantee is endorsed, the Guarantee shall be valid nevertheless. The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guarantee set forth in this Indenture on behalf of each
Guarantor. 
 SECTION 13.9 Subordination of Subrogation and Other Rights. Each Guarantor hereby agrees that any claim
against the Issuer that arises from the payment, performance or enforcement of such Guarantor’s obligations under the Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and
no payment with respect to any such claim of such Guarantor shall be made before, the payment in full in cash of all outstanding Securities in accordance with the provisions provided therefor in this Indenture. 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed all as
of September 28, 2004. 
  

			
	THE LUBRIZOL CORPORATION
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	SVP & CFO
	
	1500 WEST ELIZABETH CORPORATION
		
	By:	 	 /s/ Donald W. Bogus

	Name:	 	Donald W. Bogus
	Title:	 	Senior Vice President
	
	CARROLL SCIENTIFIC INC.
		
	By	 	 /s/ Donald W. Bogus

	Name:	 	Donald W. Bogus
	Title:	 	Senior Vice President
	
	CHEMRON CORPORATION
		
	By	 	 /s/ Donald W. Bogus

	Name:	 	Donald W. Bogus
	Title:	 	Vice President
	
	CPI ENGINEERING SERVICES, INC.
		
	By	 	 /s/ George R. Hill

	Name:	 	George R. Hill
	Title:	 	Chairman and CEO
	
	ENGINE CONTROL SYSTEMS LTD.
		
	By	 	 /s/ George R. Hill

	Name:	 	George R. Hill
	Title:	 	Chairman

  

 70 

			
	
	GATEWAY ADDITIVE COMPANY
		
	By	 	 /s/ W. Scott Emerick

	Name:	 	W. Scott Emerick
	Title:	 	Treasurer
	
	LUBRICANT INVESTMENTS, INC.
		
	By	 	 /s/ David C. Reel

	Name:	 	David C. Reel
	Title:	 	President
	
	LUBRIZOL CHINA, INC.
		
	By	 	 /s/ Jeffrey A. Vavruska

	Name:	 	Jeffrey A. Vavruska
	Title:	 	Treasurer
	
	LUBRIZOL ENTERPRISES, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	President
	
	LUBRIZOL FOAM CONTROL ADDITIVES, INC.
		
	By	 	 /s/ Jeffrey A. Vavruska

	Name:	 	Jeffrey A. Vavruska
	Title:	 	Assistant Treasurer
	
	LUBRIZOL HOLDING INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	President

  

 71 

			
	
	LUBRIZOL INTER-AMERICAS CORPORATION
		
	By	 	 /s/ Jeffrey A. Vavruska

	Name:	 	Jeffrey A. Vavruska
	Title:	 	President and Treasurer
	
	 LUBRIZOL INTERNATIONAL MANAGEMENT
 CORPORATION

		
	By	 	 /s/ Jeffrey A. Vavruska

	Name:	 	Jeffrey A. Vavruska
	Title:	 	Vice President
	
	LUBRIZOL OVERSEAS TRADING CORPORATION
		
	By	 	 /s/ Jeffrey A. Vavruska

	Name:	 	Jeffrey A. Vavruska
	Title:	 	President and Treasurer
	
	LUBRIZOL PERFORMANCE SYSTEMS INC.
		
	By	 	 /s/ George R. Hill

	Name:	 	George R. Hill
	Title:	 	Chairman
	
	LUBRIZOL HOLDING CORPORATION
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	President
	
	MPP PIPELINE CORPORATION
		
	By	 	 /s/ David C. Reel

	Name:	 	David C. Reel
	Title:	 	Vice President

  

 72 

			
	
	NOVEON INTERNATIONAL, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	FCC ACQUISITION CORP.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON CHINA, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON DIAMALT, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON FCC, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer

  

 73 

			
	
	NOVEON HILTON DAVIS, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON HOLDING CORPORATION
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON INVESTMENTS, LLC
	
	By: Noveon, Inc., its sole member
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON IP HOLDINGS CORP.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	NOVEON KALAMA, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer

  

 74 

			
	
	NOVEON TEXTILE CHEMICALS, INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	PERFORMANCE MATERIALS I INC.
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	PERFORMANCE MATERIALS II LLC
	
	By: Noveon, Inc., its sole member
		
	By	 	 /s/ C. P. Cooley

	Name:	 	Charles P. Cooley
	Title:	 	Vice President and Treasurer
	
	J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
		
	By	 	 /s/ Janice Ott Rotunno

	Name:	 	Janice Ott Rotunno
	Title:	 	Vice President

  

 75 

 SCHEDULE A 
 GUARANTORS 
  

	
	 1500 West Elizabeth Corporation

	Carroll Scientific Inc.
	Chemron Corporation
	CPI Engineering Services, Inc.
	Engine Control Systems Ltd.
	Gateway Additive Company
	Lubricant Investments, Inc.
	Lubrizol China, Inc.
	Lubrizol Enterprises, Inc.
	Lubrizol Foam Control Additives, Inc.
	Lubrizol Holding Inc.
	Lubrizol Inter-Americas Corporation
	Lubrizol International Management Corporation
	Lubrizol Overseas Trading Corporation
	Lubrizol Performance Systems Inc.
	Lubrizol Holding Corporation
	MPP Pipeline Corporation
	Noveon International, Inc.
	Noveon, Inc.
	FCC Acquisition Corp.
	Noveon China, Inc.
	Noveon Diamalt, Inc.
	Noveon FCC, Inc.
	Noveon Hilton Davis, Inc.
	Noveon Holding Corporation
	Noveon Investments, LLC
	Noveon IP Holdings Corp.
	Noveon Kalama, Inc.
	Noveon Textile Chemicals, Inc.
	Performance Materials I Inc.
	Performance Materials II LLC

 EXHIBIT A 
 FORM OF GUARANTEE 
 This Guarantee is made pursuant to the Amended and Restated
Indenture (the “Indenture”), dated as of September 28, 2004 (and originally entered into as of June 1, 1995), by and among The Lubrizol Corporation (the “Issuer”), an Ohio corporation, the guarantors listed on the
signature pages thereto and hereto (the “Guarantors”) and J.P. Morgan Trust Company, National Association, as successor trustee (the “Trustee”). Capitalized terms used but not defined herein shall have the meanings given to such
terms in the Indenture. 
 Each Guarantor hereby unconditionally, jointly and severally, guarantees (such guarantee being
referred to herein as the “Guarantee”) the due and punctual payment of the principal of, premium, if any, and interest on the Securities, whether at maturity, by acceleration or otherwise, the due and punctual payment of interest on the
overdue principal, premium and interest on the Securities, and the due and punctual performance of all other obligations of the Issuer to the Holders or the Trustee, all in accordance with the terms set forth in Article 13 of the Indenture.

 This Guarantee shall be governed by and construed in accordance with the laws of the State of New York. 
 This Guarantee is subject to release upon the terms set forth in the Indenture. 
  

			
	By:	 	  

	Name:	 	
	Title:	 	

 EXHIBIT B 
 FORM OF SUPPLEMENTAL INDENTURE 
 SUPPLEMENTAL INDENTURE (this
“Supplemental Indenture”), dated as of [        ], among [            ] (the “New Guarantor”), a subsidiary of THE
LUBRIZOL CORPORATION (or its successor), an Ohio corporation (the “Issuer”), the Guarantors (the “Existing Guarantors”) under the Indenture referred to below, and [ ], as trustee under the Indenture referred to
below (the “Trustee”). 
 W I T N E S S E T
H : 
 WHEREAS the Issuer has heretofore executed and delivered to the Trustee an Amended and Restated Indenture (as such
may be amended from time to time, the “Indenture”), dated as of [            ], providing for the issuance of its
[                    ] (the “Securities”); 
 WHEREAS Section 13.7 of the Indenture provides that under certain circumstances the Issuer is required to cause the New Guarantor to execute and deliver to the Trustee a supplemental indenture
pursuant to which the New Guarantor shall unconditionally guarantee all of the Issuer’s obligations under the Securities pursuant to a Guarantee on the terms and conditions set forth herein; and 
 WHEREAS pursuant to Section 8.1 of the Indenture, the Trustee, the Issuer and Existing Guarantors are authorized to execute and deliver
this Supplemental Indenture; 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration,
the receipt of which is hereby acknowledged, the New Guarantor, the Issuer, the Existing Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as follows: 
 1. Definitions. (a) Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 (b) For all purposes of this Supplemental Indenture, except as otherwise herein expressly provided or unless the context
otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the words “herein,” “hereof” and “hereby” and
other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof. 
 2. Agreement to Guarantee. The New Guarantor hereby agrees, jointly and severally with all other Guarantors, to Guarantee the Issuer’s obligations under the Notes on the terms and subject to
the conditions set forth in Article 13 of the Indenture and to be bound by all other applicable provisions of the Indenture. From and after the date hereof, the New Guarantor shall be a Guarantor for all purposes under the Indenture and the
Securities. 
 3. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended
hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every
Holder heretofore or hereafter authenticated and delivered shall be bound hereby. 

 EXHIBIT B 
 4. Governing Law. This Supplemental Indenture 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. Each of the parties hereto agrees to submit to the jurisdiction of the courts of the State of New York in any action or proceeding arising out of or relating to this
Supplemental Indenture. 
 5. Trustee Makes No Representation. The Trustee shall not be responsible in any manner
whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Issuer. 
 6. Multiple Counterparts. The parties may sign multiple counterparts of this Supplemental Indenture. Each signed counterpart shall be
deemed an original, but all of them together represent one and the same agreement. 
 7. Headings. The headings of this
Supplemental 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. 

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

			
	[NEW GUARANTOR]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	THE LUBRIZOL CORPORATION
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	EXISTING GUARANTORS:
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	[TRUSTEE]
		
	By:	 	  

	Name:	 	
	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00169-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00169-of-00352.parquet"}]]