Document:

Registration Rights Agreement, dated November 8, 2012

 Exhibit 4.2 
 Execution Version 
 Northern Tier Energy LLC 

Northern Tier Finance Corporation 
 7.125% Senior Secured Notes due 2020 
 unconditionally guaranteed as to
the 
 payment of principal, premium, 
 if any, and interest by 
 Northern Tier Energy LP 

Northern Tier Bakery LLC 
 Northern Tier Retail LLC 
 Northern Tier Oil Transport LLC 

St. Paul Park Refining Co. LLC 
 SuperAmerica Franchising LLC 
 Northern Tier Retail Holdings LLC

  
  

Exchange and Registration Rights Agreement 
 November 8, 2012 
 Goldman, Sachs & Co., 

Deutsche Bank Securities Inc., 
 J.P. Morgan
Securities LLC, 
 As representatives of the several Purchasers 
 named in Schedule Ito the Purchase Agreement 
 c/o Goldman, Sachs & Co. 

200 West Street 
 New York, New York 10282-2198

 Ladies and Gentlemen: 
 Northern Tier Energy LLC, a Delaware limited liability company (the “Issuer”), and Northern Tier Finance Corporation, a Delaware corporation and a wholly-owned subsidiary of the Issuer
(“Finance Co” and, together with the Issuer, the “Issuers”), propose to issue and sell to the Purchasers (as defined herein) upon the terms set forth in the Purchase Agreement (as defined herein) $275,000,000
aggregate principal amount of 7.125% Senior Secured Notes due 2020, which will be unconditionally guaranteed by the Guarantors (as defined below). 
 As an inducement to the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the obligations of the Purchasers thereunder, the Issuers and the Guarantors agree with the
Purchasers for the benefit of holders (as defined herein) from time to time of the Registrable Securities (as defined herein) as follows: 

  
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 1. Certain Definitions. For purposes of this Exchange and Registration Rights Agreement (this
“Agreement”), the following terms shall have the following respective meanings: 
 “Base
Interest” shall mean the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement. 

The term “broker-dealer” shall mean any broker or dealer registered with the Commission under the Exchange Act.

 “Business Day” shall have the meaning set forth in Rule 13e-4(a)(3) promulgated by the Commission under
the Exchange Act, as the same may be amended or succeeded from time to time. 
 “Closing Date” shall mean the
date on which the Securities are initially issued. 
 “Commission” shall mean the United States Securities and
Exchange Commission, or any other federal agency at the time administering the Exchange Act or the Securities Act, whichever is the relevant statute for the particular purpose. 

“EDGAR System” means the EDGAR filing system of the Commission and the rules and regulations pertaining thereto
promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format). 

“Effective Time,” in the case of (i) an Exchange Registration, shall mean the time and date as of which the
Commission declares the Exchange Registration Statement effective or as of which the Exchange Registration Statement otherwise becomes effective and (ii) a Shelf Registration, shall mean the time and date as of which the Commission declares the
Shelf Registration Statement effective or as of which the Shelf Registration Statement otherwise becomes effective. 

“Electing Holder” shall mean any holder of Registrable Securities that has returned a completed and signed Notice and
Questionnaire to the Issuers in accordance with Section 3(d)(ii) or Section 3(d)(iii) and the instructions set forth in the Notice and Questionnaire. 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated by the Commission thereunder, as the same may be amended or succeeded
from time to time. 
 “Exchange Offer” shall have the meaning assigned thereto in Section 2(a).

 “Exchange Registration” shall have the meaning assigned thereto in Section 3(c). 

“Exchange Registration Statement” shall have the meaning assigned thereto in Section 2(a). 

  
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 “Exchange Securities” shall have the meaning assigned thereto in
Section 2(a). 
 “Guarantors” shall mean Northern Tier Energy LP, Northern Tier Bakery LLC, Northern Tier
Retail LLC, Northern Tier Oil Transport LLC, St. Paul Park Refining Co. LLC, Northern Tier Retail Holdings LLC and SuperAmerica Franchising LLC (each separately, a “Guarantor”) and any subsidiary of the Issuers that becomes a
guarantor under the Indenture after the date of this Agreement. 
 The term “holder” shall mean each of the
Purchasers and other persons who acquire Securities from time to time (including any successors or assigns), in each case for so long as such person owns any Securities. 
 “Indenture” shall mean the indenture, dated as of November 8, 2012, among the Issuers, the Guarantors and the Trustee, as indenture trustee and as collateral agent, as the same may
be amended from time to time. 
 “Notice and Questionnaire” means a Notice of Registration Statement and
Selling Securityholder Questionnaire substantially in the form of Exhibit A hereto. 
 The term “person” shall
mean a corporation, limited liability company, association, partnership, organization, business, individual, government or political subdivision thereof or governmental agency. 

“Purchase Agreement” shall mean the Purchase Agreement, dated as of November 2, 2012, between the Purchasers, the
Issuers and the Guarantors relating to the Securities. 
 “Purchasers” shall mean the Purchasers named in
Schedule I to the Purchase Agreement. 
 “Registrable Securities” shall mean the Securities; provided,
however, that a Security shall cease to be a Registrable Security upon the earliest to occur of the following: (i) in the circumstances contemplated by Section 2(a), the Security has been exchanged for an Exchange Security in an
Exchange Offer as contemplated in Section 2(a) (provided that any Exchange Security that, pursuant to the seventh and eighth sentences of Section 2(a), is included in a prospectus for use in connection with resales by broker-dealers shall
be deemed to be a Registrable Security with respect to Sections 5, 6 and 9 until resale of such Registrable Security has been effected within the Resale Period); (ii) in the circumstances contemplated by Section 2(b), a Shelf Registration
Statement registering such Security under the Securities Act has been declared or becomes effective and such Security has been sold or otherwise transferred by the holder thereof pursuant to and in a manner contemplated by such effective Shelf
Registration Statement; (iii) subject to Section 8(b), such Security is actually sold by the holder thereof pursuant to Rule 144 under circumstances in which any legend borne by such Security relating to restrictions on
transferability thereof, under the Securities Act or otherwise, is removed by the Issuers or pursuant to the Indenture; or (iv) such Security shall cease to be outstanding. 

“Registration Default” shall have the meaning assigned thereto in Section 2(c). 

  
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 “Registration Default Period” shall have the meaning assigned thereto in
Section 2(c). 
 “Registration Expenses” shall have the meaning assigned thereto in Section 4.

 “Resale Period” shall have the meaning assigned thereto in Section 2(a). 

“Restricted Holder” shall mean (i) a holder that is an affiliate of the Issuer or Finance Co within the meaning of
Rule 405, (ii) a holder who acquires Exchange Securities outside the ordinary course of such holder’s business, (iii) a holder who has arrangements or understandings with any person to participate in the Exchange Offer for the
purpose of distributing Exchange Securities and (iv) a holder that is a broker-dealer, but only with respect to Exchange Securities received by such broker-dealer pursuant to an Exchange Offer in exchange for Registrable Securities acquired by
the broker-dealer directly from the Issuers. 
 “Rule 144,” “Rule 405”,
“Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” shall mean, in each case, such rule promulgated by the Commission under the Securities Act (or any successor
provision), as the same may be amended or succeeded from time to time. 
 “Securities” shall mean,
collectively, the Issuers’ $275,000,000 aggregate principal amount of 7.125% Senior Secured Notes due 2020 to be issued and sold to the Purchasers and securities issued in exchange therefor or in lieu thereof pursuant to the Indenture. Each
Security is entitled to the benefit of the guarantees provided by the Guarantors in the Indenture (the “Guarantees”) and, unless the context otherwise requires, any reference herein to a “Security,” an
“Exchange Security” or a “Registrable Security” shall include a reference to the related Guarantees. 
 “Securities Act” shall mean the Securities Act of 1933, as amended, and the rules and regulations promulgated by the Commission thereunder, as the same may be amended or succeeded from
time to time. 
 “Shelf Registration” shall have the meaning assigned thereto in Section 2(b). 

“Shelf Registration Statement” shall have the meaning assigned thereto in Section 2(b). 

“Special Interest” shall have the meaning assigned thereto in Section 2(c). 

“Suspension Period” shall have the meaning assigned thereto in Section 2(b). 

“Trust Indenture Act” shall mean the Trust Indenture Act of 1939, as amended, and the rules and regulations promulgated
by the Commission thereunder, as the same may be amended or succeeded from time to time. 
 “Trustee” shall
mean Deutsche Bank Trust Company Americas, as trustee under the Indenture, together with any successors thereto in such capacity. 

  
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 Unless the context otherwise requires, any reference herein to a “Section”
or “clause” refers to a Section or clause, as the case may be, of this Agreement, and the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this
Agreement as a whole and not to any particular Section or other subdivision. 
 2. Registration Under the Securities Act.

 (a) Except as set forth in Section 2(b) below, the Issuers and the Guarantors agree to file under the
Securities Act a registration statement relating to an offer to exchange (such registration statement, the “Exchange Registration Statement”, and such offer, the “Exchange Offer”) any and all of the Securities for a
like aggregate principal amount of debt securities issued by the Issuers and guaranteed by the Guarantors, which debt securities and Guarantees are substantially identical to the Securities and the related Guarantees, respectively (and are entitled
to the benefits of the Indenture), except that they have been registered pursuant to an effective registration statement under the Securities Act and do not contain provisions for Special Interest contemplated in Section 2(c) below (such new
debt securities hereinafter called “Exchange Securities”). The Issuers and the Guarantors agree to use all commercially reasonable efforts to cause the Exchange Registration Statement to become effective under the Securities Act.
The Exchange Offer will be registered under the Securities Act on the appropriate form and will comply with all applicable tender offer rules and regulations under the Exchange Act. Unless the Exchange Offer would not be permitted by applicable law
or Commission policy, the Issuers further agree to use all commercially reasonable efforts to (i) commence the Exchange Offer promptly following the Effective Time of such Exchange Registration Statement, (ii) hold the Exchange Offer open
for at least 20 Business Days in accordance with the applicable tender offer rules and regulations promulgated by the Commission under the Exchange Act and (iii) exchange Exchange Securities for all Registrable Securities that have been
properly tendered and not withdrawn promptly following the expiration of the Exchange Offer. The Exchange Offer will be deemed to have been “completed” only (i) if the Exchange Securities received by holders other than Restricted
Holders in the Exchange Offer for Registrable Securities are, upon receipt, transferable by each such holder without restriction under the Securities Act and the Exchange Act and without material restrictions under the blue sky or securities laws of
a substantial majority of the States of the United States of America and (ii) upon the Issuers having exchanged, pursuant to the Exchange Offer, Exchange Securities for all Registrable Securities that have been properly tendered and not
withdrawn before the expiration of the Exchange Offer, which shall be on a date that is at least 20 and not more than 35 Business Days following the commencement of the Exchange Offer. The Issuers and Guarantors shall use commercially reasonable
efforts to complete the Exchange Offer not later than 400 days following the Closing Date (or if such 400th day is not a Business Day, the next succeeding Business Day). The Issuers and the Guarantors agree (x) to include in the Exchange
Registration Statement a prospectus for use in any resales by any holder of Exchange Securities that is a broker-dealer and (y) to use all commercially reasonable efforts to keep such Exchange Registration Statement effective for a period (the
“Resale Period”) beginning when Exchange Securities are first issued in the Exchange Offer and ending upon the earlier of the expiration of the 180th day after the Exchange Offer has been completed or such time

  
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as such broker-dealers no longer own any Registrable Securities. With respect to such Exchange Registration Statement, such holders shall have the benefit of the rights of indemnification and
contribution set forth in Subsections 6(a), (c), (d) and (e). Upon the completion of the Exchange Offer in accordance with this Section 2(a), the Issuers shall have no further obligation to register Registrable Securities (other than those
as to which clause (iii) of Section 2(b) hereof applies). For each Security surrendered to the Issuers pursuant to the Exchange Offer, the holder who surrendered such Security will receive an Exchange Security having a principal amount
equal to that of the surrendered Security. Interest on each Exchange Security will accrue (a) from the later of (i) the last interest payment date on which interest was paid on the Security surrendered in exchange therefor or (ii) if
the Security is surrendered for exchange on a date in a period that includes the record date for an interest payment date to occur on or after the date of such exchange and as to which interest will be paid, the date of such interest payment date or
(b) if no interest has been paid on such note, from the Closing Date. 
 (b) If (i) on or prior to the
time the Exchange Offer is completed existing law or Commission interpretations are changed such that the debt securities or the related guarantees received by holders other than Restricted Holders in the Exchange Offer for Registrable Securities
are not or would not be, upon receipt, transferable by each such holder without restriction under the Securities Act, (ii) the Exchange Offer has not been completed on or prior to the 400th day after the Closing Date (or if such 400th day is
not a Business Day, the next succeeding Business Day) or (iii) any holder of Registrable Securities notifies the Issuers prior to the 20th Business Day following the completion of the Exchange Offer that: (A) it is prohibited by law or
Commission policy from participating in the Exchange Offer, (B) it may not resell the Exchange Securities to the public without delivering a prospectus and the prospectus contained in the Exchange Registration Statement is not appropriate or
available for such resales or (C) it is a broker-dealer and owns Securities acquired directly from the Issuers or an affiliate of the Issuers, then the Issuers and the Guarantors shall, in lieu of (or, in the case of clause (iii), in addition
to) conducting the Exchange Offer contemplated by Section 2(a), file as promptly as practicable under the Securities Act after the time such obligation to file arises, a “shelf” registration statement providing for the registration
of, and the sale on a continuous or delayed basis by the holders of, all of the Registrable Securities, pursuant to Rule 415 or any similar rule that may be adopted by the Commission (such filing, the “Shelf Registration” and
such registration statement, the “Shelf Registration Statement”). The Issuers and the Guarantors agree to use all commercially reasonable efforts to cause the Shelf Registration Statement to become or be declared effective no later
than (1) in the case of any Shelf Registration Statement required by clause (i) of this Section 2(b), on or prior to the 400th day after the Closing Date (or if such 400th day is not a Business Day, the next succeeding Business Day),
and (2) in the case of any Shelf Registration Statement required by clauses (ii) or (iii) of this Section 2(b), no later than 90 days after such Shelf Registration Statement filing obligation arises; provided, that if at
any time each of the Issuer and Finance Co is or becomes a “well-known seasoned issuer” (as defined in Rule 405) and is eligible to file an “automatic shelf registration statement” (as defined in Rule 405), then the
Issuers and the Guarantors shall file the Shelf Registration Statement in the form of an automatic shelf registration statement as provided in Rule 405. The Issuers and the Guarantors agree to use all commercially

  
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reasonable efforts to keep such Shelf Registration Statement continuously effective for a period ending on the earlier of the first anniversary of the Effective Time or such time as there are no
longer any Registrable Securities outstanding. No holder shall be entitled to be named as a selling securityholder in the Shelf Registration Statement or to use the prospectus forming a part thereof for resales of Registrable Securities unless such
holder is an Electing Holder. The Issuers and the Guarantors agree, after the Effective Time of the Shelf Registration Statement and promptly upon the request of any holder of Registrable Securities that is not then an Electing Holder, to use all
commercially reasonable efforts to enable such holder to use the prospectus forming a part thereof for resales of Registrable Securities, including, without limitation, any action necessary to identify such holder as a selling securityholder in the
Shelf Registration Statement (whether by post-effective amendment thereto or by filing a prospectus pursuant to Rules 430B and 424(b) under the Securities Act identifying such holder), provided, however, that nothing in this sentence shall relieve
any such holder of the obligation to return a completed and signed Notice and Questionnaire to the Issuers in accordance with Section 3(d)(iii). Notwithstanding anything to the contrary in this Section 2(b), upon notice to the Electing
Holders, the Issuers may suspend the use or the effectiveness of such Shelf Registration Statement, or extend the time period in which it is required to file the Shelf Registration Statement, for up to 60 consecutive days and up to 120 days in the
aggregate, in each case in any 12-month period (a “Suspension Period”) if the Board of Directors of the Issuers determine that there is a valid business purpose for suspension of the Shelf Registration Statement; provided
that the Issuers shall promptly notify the Electing Holders when the Shelf Registration Statement may once again be used or is effective. 
 (c) In the event that (i) the Shelf Registration Statement required to be filed pursuant to Section 2(b) has not become effective or been declared effective by the Commission on or before the
date on which such registration statement is required to become or be declared effective pursuant to Section 2(b), (ii) the Exchange Offer has not been completed on or prior to the 400th day after the Closing Date (or if such 400th day is
not a Business Day, the next succeeding Business Day) or (iii) (A) at any time during the Resale Period, the Exchange Registration Statement shall either be withdrawn by the Issuers or shall become subject to an effective stop order issued
pursuant to Section 8(d) of the Securities Act suspending the effectiveness of such registration statement or (B) any Shelf Registration Statement required by Section 2(b) is filed and declared effective but shall thereafter either be
withdrawn by the Issuers or shall become subject to an effective stop order issued pursuant to Section 8(d) of the Securities Act suspending the effectiveness of such registration statement (except as specifically permitted herein, including,
with respect to any Shelf Registration Statement, during any applicable Suspension Period in accordance with the last sentence of Section 2(b)) without being succeeded immediately by an additional registration statement filed and declared
effective (each such event referred to in clauses (i) through (iii), a “Registration Default” and each period during which a Registration Default has occurred and is continuing, a “Registration Default
Period”), then, as liquidated damages for such Registration Default, subject to the provisions of Section 9(b), special interest (“Special Interest”), in addition to the Base Interest, shall accrue on all Registrable
Securities then outstanding at a per annum rate of 0.25% for the first 90 days of the Registration Default 

  
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Period, at a per annum rate of 0.50% for the second 90 days of the Registration Default Period, at a per annum rate of 0.75% for the third 90 days of the Registration Default Period and at a per
annum rate of 1.0% thereafter for the remaining portion of the Registration Default Period. Special Interest shall accrue and be payable only with respect to a single Registration Default at any given time, notwithstanding the fact that multiple
Registration Defaults may exist at such time. Following the cure of all Registration Defaults, Special Interest will cease to accrue and the interest rate on the Registrable Securities will revert to the Base Rate; provided, however,
that, if after the date such Special Interest ceases to accrue, a different Registration Default occurs, Special Interest may again commence accruing pursuant to the foregoing provisions. All accrued Special Interest shall be payable by the Issuers
and the Guarantors on the next scheduled interest payment date to The Depository Trust Company or its nominee by wire transfer of immediately available funds or by federal funds check and to holders of Securities by wire transfer to the accounts
specified by them or by mailing checks to their registered addresses if no such accounts have been specified. 
 All obligations
of the Issuers and the Guarantors set forth in this Section that are outstanding with respect to any Registrable Security at the time such security ceases to be a Registrable Security shall survive until such time as all such obligations with
respect to such security shall have been satisfied in full; provided, however that it is understood that no additional obligations pursuant to the preceding paragraph will be incurred by the Issuers and the Guarantors with respect to
any security after the time such security ceases to be a Registrable Security. Anything herein to the contrary notwithstanding, no holder who (x) was eligible to exchange such holder’s outstanding Registrable Securities at the time that
the Exchange Offer was pending and consummated and (y) failed to validly tender such securities for exchange pursuant to the Exchange Offer shall be entitled to receive any Special Interest that would otherwise accrue subsequent to the date the
Exchange Offer is consummated pursuant to this Section 2(c). 
 (d) The Issuers shall take, and shall cause
the Guarantors to take, all actions necessary or advisable to be taken by it to ensure that the transactions contemplated herein are effected as so contemplated, including all actions necessary or desirable to register the Guarantees under any
Exchange Registration Statement or Shelf Registration Statement, as applicable. 
 (e) Any reference herein to a
registration statement or prospectus as of any time shall be deemed to include any document incorporated, or deemed to be incorporated, therein by reference as of such time; and any reference herein to any post-effective amendment to a registration
statement or to any prospectus supplement as of any time shall be deemed to include any document incorporated, or deemed to be incorporated, therein by reference as of such time. 

  
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 3. Registration Procedures. 

If the Issuers and the Guarantors file a registration statement pursuant to Section 2(a) or Section 2(b), the following
provisions shall apply: 
 (a) At or before the Effective Time of the Exchange Registration or any Shelf
Registration, whichever may occur first, the Issuers shall qualify the Indenture under the Trust Indenture Act. 

(b) In the event that such qualification would require the appointment of a new trustee under the Indenture, the Issuers
shall appoint a new trustee thereunder pursuant to the applicable provisions of the Indenture. 
 (c) In
connection with the Issuers’ and the Guarantors’ obligations with respect to the registration of Exchange Securities as contemplated by Section 2(a) (the “Exchange Registration”), if applicable, the Issuers and the
Guarantors shall: 
 (i) prepare and file with the Commission an Exchange Registration Statement on any form
which may be utilized by the Issuers and the Guarantors and which shall permit the Exchange Offer and resales of Exchange Securities by broker-dealers during the Resale Period to be effected as contemplated by Section 2(a), and use all
commercially reasonable efforts to cause such Exchange Registration Statement to become effective and to consummate the Exchange Offer on or prior to the 400th day after the Closing Date (or if such 400th day is not a Business Day, the next
succeeding Business Day); 
 (ii) as soon as practicable prepare and file with the Commission such amendments and
supplements to such Exchange Registration Statement and the prospectus included therein as may be necessary to effect and maintain the effectiveness of such Exchange Registration Statement for the periods and purposes contemplated in
Section 2(a) and as may be required by the applicable rules and regulations of the Commission and the instructions applicable to the form of such Exchange Registration Statement, and promptly provide each broker-dealer holding Exchange
Securities with such number of copies of the prospectus included therein (as then amended or supplemented), in conformity in all material respects with the requirements of the Securities Act and the Trust Indenture Act, as such broker-dealer
reasonably may request prior to the expiration of the Resale Period, for use in connection with resales of Exchange Securities; 
 (iii) promptly notify each broker-dealer that has requested or received copies of the prospectus included in such Exchange Registration Statement, and confirm such advice in writing, (A) when such
Exchange Registration Statement or the prospectus included therein or any prospectus amendment or supplement or post-effective amendment has been filed, and, with respect to such Exchange Registration Statement or any post-effective amendment, when
the same has become effective, (B) of any comments by the Commission and by the blue sky or securities commissioner or regulator of any state with respect thereto or any request by the Commission for amendments or supplements to such Exchange
Registration Statement or prospectus or for additional information, (C) of the issuance by the Commission of any stop order suspending the effectiveness of such Exchange Registration Statement or the initiation or threatening of any

  
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proceedings for that purpose, (D) if at any time the Issuers’ representations and warranties contemplated by Section 5 cease to be true and correct in all material respects,
(E) of the receipt by the Issuers of any notification with respect to the suspension of the qualification of the Exchange Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose, (F) the
occurrence of any event that causes the Issuers to become an “ineligible issuer” as defined in Rule 405, or (G) if at any time during the Resale Period when a prospectus is required to be delivered under the Securities Act, that
such Exchange Registration Statement, prospectus, prospectus amendment or supplement or post-effective amendment does not conform in all material respects to the applicable requirements of the Securities Act and the Trust Indenture Act or contains
an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing; 

(iv) in the event that the Issuers and the Guarantors would be required, pursuant to Section 3(c)(iii)(G), to notify
any broker-dealers holding Exchange Securities (except as otherwise permitted during any Suspension Period), promptly prepare and furnish to each such holder a reasonable number of copies of a prospectus supplemented or amended so that, as
thereafter delivered to purchasers of such Exchange Securities during the Resale Period, such prospectus shall conform in all material respects to the applicable requirements of the Securities Act and the Trust Indenture Act and shall not contain an
untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing; 

(v) use all commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of such
Exchange Registration Statement or any post-effective amendment thereto at the earliest practicable date; 
 (vi)
use all commercially reasonable efforts to (A) register or qualify the Exchange Securities under the securities laws or blue sky laws of such jurisdictions as are contemplated by Section 2(a) no later than the commencement of the Exchange
Offer, to the extent required by such laws, (B) keep such registrations or qualifications in effect and comply with such laws so as to permit the continuance of offers, sales and dealings therein in such jurisdictions until the expiration of
the Resale Period, (C) take any and all other actions as may be reasonably necessary or advisable to enable each broker-dealer holding Exchange Securities to consummate the disposition thereof in such jurisdictions and (D) obtain the
consent or approval of each governmental agency or authority, whether federal, state or local, which may be required to effect the Exchange Registration, the Exchange Offer and the offering and sale of Exchange Securities by broker-dealers during
the Resale Period; provided, however, that neither the Issuers nor the Guarantors shall be required for any such purpose to (1) qualify as a foreign corporation in any jurisdiction wherein it would not otherwise be required to
qualify but for the requirements of this Section 3(c)(vi), (2) consent to general 

  
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service of process in any such jurisdiction or become subject to taxation in any such jurisdiction or (3) make any changes to its certificate of incorporation or by-laws or other governing
documents or any agreement between it and its stockholders; 
 (vii) obtain a CUSIP number for all Exchange
Securities, not later than the applicable Effective Time; and 
 (viii) comply with all applicable rules and
regulations of the Commission, and make generally available to its securityholders no later than eighteen months after the Effective Time of such Exchange Registration Statement, an “earning statement” of the Issuer, Finance Co and their
subsidiaries complying with Section 11(a) of the Securities Act (including, at the Issuers’ option, Rule 158 thereunder). 
 (d) In connection with the Issuers’ and the Guarantors’ obligations with respect to the Shelf Registration, if applicable, the Issuers and the Guarantors shall: 

(i) prepare and file with the Commission, within the time periods specified in Section 2(b), a Shelf Registration
Statement on any form which may be utilized by the Issuers and which shall register all of the Registrable Securities for resale by the holders thereof in accordance with such method or methods of disposition as may be specified by the holders of
Registrable Securities as, from time to time, may be Electing Holders and use all commercially reasonable efforts to cause such Shelf Registration Statement to become effective within the time periods specified in Section 2(b); 

(ii) mail the Notice and Questionnaire to the holders of Registrable Securities not less than 30 days prior to the
anticipated Effective Time of the Shelf Registration Statement, and no holder shall be entitled to be named as a selling securityholder in the Shelf Registration Statement, and no holder shall be entitled to use the prospectus forming a part thereof
for resales of Registrable Securities at any time, unless and until such holder has returned a completed and signed Notice and Questionnaire to the Issuers; 
 (iii) after the Effective Time of the Shelf Registration Statement, upon the request of any holder of Registrable Securities that is not then an Electing Holder, promptly send a Notice and Questionnaire
to such holder; provided that the Issuers shall not be required to take any action to name such holder as a selling securityholder in the Shelf Registration Statement or to enable such holder to use the prospectus forming a part thereof for
resales of Registrable Securities until such holder has returned a completed and signed Notice and Questionnaire to the Issuers; 
 (iv) as soon as practicable prepare and file with the Commission such amendments and supplements to such Shelf Registration Statement and the prospectus included therein as may be necessary to effect and
maintain the 

  
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effectiveness of such Shelf Registration Statement for the period specified in Section 2(b) and as may be required by the applicable rules and regulations of the Commission and the
instructions applicable to the form of such Shelf Registration Statement, and furnish to the Electing Holders copies of any such supplement or amendment simultaneously with or prior to its being used or filed with the Commission to the extent such
documents are not publicly available on the Commission’s EDGAR System; 
 (v) comply with the provisions of
the Securities Act with respect to the disposition of all of the Registrable Securities covered by such Shelf Registration Statement in accordance with the intended methods of disposition by the Electing Holders provided for in such Shelf
Registration Statement; 
 (vi) provide the Electing Holders and not more than one counsel for all the Electing
Holders the opportunity to participate in the preparation of such Shelf Registration Statement, each prospectus included therein or filed with the Commission and each amendment or supplement thereto; 

(vii) for a reasonable period prior to the filing of such Shelf Registration Statement, and throughout the period
specified in Section 2(b), make available at reasonable times at the Issuers’ principal place of business or such other reasonable place for inspection by the persons referred to in Section 3(d)(vi) who shall certify to the Issuers
that they have a current intention to sell the Registrable Securities pursuant to the Shelf Registration such financial and other information and the Issuers’ books and records, and cause the Issuers’ officers, employees, counsel and
independent certified public accountants to respond to such inquiries, as shall be reasonably necessary (and in the case of counsel, not violate an attorney-client privilege, in such counsel’s reasonable belief), in the judgment of the
respective counsel referred to in Section 3(d)(vi), to conduct a reasonable investigation within the meaning of Section 11 of the Securities Act; provided, however, that the foregoing inspection and information gathering on
behalf of the Electing Holders shall be conducted by one counsel designated by the holders of at least a majority in aggregate principal amount of the Registrable Securities held by the Electing Holders at the time outstanding and provided further
that each such party shall be required to maintain in confidence and not to disclose to any other person any information or records reasonably designated by the Issuers as being confidential, until such time as (A) such information becomes a
matter of public record (whether by virtue of its inclusion in such Shelf Registration Statement or otherwise), or (B) such person shall be required so to disclose such information pursuant to a subpoena or order of any court or other
governmental agency or body having jurisdiction over the matter (subject to the requirements of such order, and only after such person shall have given the Issuers prompt prior written notice of such requirement), or (C) such information is
required to be set forth in such Shelf Registration Statement or the prospectus included therein or in an amendment to such Shelf Registration Statement or an amendment or supplement to such prospectus in order that such Shelf Registration
Statement, prospectus, amendment or supplement, as the case may be, complies with 

  
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applicable requirements of the federal securities laws and the rules and regulations of the Commission and does not contain an untrue statement of a material fact or omit to state therein a
material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing; 
 (viii) promptly notify each of the Electing Holders and confirm such advice in writing, (A) when such Shelf Registration Statement or the prospectus included therein or any prospectus amendment or
supplement or post-effective amendment has been filed, and, with respect to such Shelf Registration Statement or any post-effective amendment, when the same has become effective, (B) ) of any comments by the Commission and by the blue sky or
securities commissioner or regulator of any state with respect thereto or any request by the Commission for amendments or supplements to such Shelf Registration Statement or prospectus or for additional information, (C) of the issuance by the
Commission of any stop order suspending the effectiveness of such Shelf Registration Statement or the initiation or threatening of any proceedings for that purpose, (D) if at any time the Issuers’ representations and warranties set forth
in Section 5 cease to be true and correct in all material respects, (E) of the receipt by the Issuers of any notification with respect to the suspension of the qualification of the Registrable Securities for sale in any jurisdiction or the
initiation or threatening of any proceeding for such purpose, (F) the occurrence of any event that causes the Issuers to become an “ineligible issuer” as defined in Rule 405, or (G) if at any time when a prospectus is
required to be delivered under the Securities Act, that such Shelf Registration Statement, prospectus, prospectus amendment or supplement or post-effective amendment does not conform in all material respects to the applicable requirements of the
Securities Act and the Trust Indenture Act or contains an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances
then existing; 
 (ix) use all commercially reasonable efforts to obtain the withdrawal of any order suspending
the effectiveness of such Shelf Registration Statement or any post-effective amendment thereto at the earliest practicable date; 
 (x) if requested by any Electing Holder, promptly incorporate in a prospectus supplement or post-effective amendment such information as is required by the applicable rules and regulations of the
Commission and as such Electing Holder specifies should be included therein relating to the terms of the sale of such Registrable Securities, including information with respect to the principal amount of Registrable Securities being sold by such
Electing Holder, the name and description of such Electing Holder, the offering price of such Registrable Securities and any discount, commission or other compensation payable in respect thereof and with respect to any other terms of the offering of
the Registrable Securities to be sold by such Electing Holder; and make all required filings of such prospectus supplement or post-effective amendment promptly after notification of the matters to be incorporated in such prospectus supplement or
post-effective amendment; 

  
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 (xi) furnish to each Electing Holder and the counsel referred to in
Section 3(d)(vi) an executed copy (or a conformed copy) of such Shelf Registration Statement, each such amendment and supplement thereto (in each case including all exhibits thereto (in the case of an Electing Holder of Registrable Securities,
upon request) and documents incorporated by reference therein) and such number of copies of such Shelf Registration Statement (excluding exhibits thereto and documents incorporated by reference therein unless specifically so requested by such
Electing Holder) and of the prospectus included in such Shelf Registration Statement (including each preliminary prospectus and any summary prospectus), in conformity in all material respects with the applicable requirements of the Securities Act
and the Trust Indenture Act to the extent such documents are not available through the Commission’s EDGAR System, and such other documents, as such Electing Holder may reasonably request in order to facilitate the offering and disposition of
the Registrable Securities owned by such Electing Holder and to permit such Electing Holder to satisfy the prospectus delivery requirements of the Securities Act; and subject to Section 3(e), the Issuers hereby consent to the use of such
prospectus (including such preliminary and summary prospectus) and any amendment or supplement thereto by each such Electing Holder (subject to any applicable Suspension Period), in each case in the form most recently provided to such person by the
Issuers, in connection with the offering and sale of the Registrable Securities covered by the prospectus (including such preliminary and summary prospectus) or any supplement or amendment thereto; 

(xii) use all commercially reasonable efforts to (A) register or qualify the Registrable Securities to be included in
such Shelf Registration Statement under such securities laws or blue sky laws of such jurisdictions as any Electing Holder shall reasonably request, (B) keep such registrations or qualifications in effect and comply with such laws so as to
permit the continuance of offers, sales and dealings therein in such jurisdictions during the period the Shelf Registration Statement is required to remain effective under Section 2(b) and for so long as may be necessary to enable any such
Electing Holder to complete its distribution of Registrable Securities pursuant to such Shelf Registration Statement, (C) take any and all other actions as may be reasonably necessary or advisable to enable each such Electing Holder to
consummate the disposition in such jurisdictions of such Registrable Securities and (D) obtain the consent or approval of each governmental agency or authority, whether federal, state or local, which may be required to effect the Shelf
Registration or the offering or sale in connection therewith or to enable the selling holder or holders to offer, or to consummate the disposition of, their Registrable Securities; provided, however, that neither the Issuers nor the
Guarantors shall be required for any such purpose to (1) qualify as a foreign corporation in any jurisdiction wherein it would not otherwise be required to qualify but for the requirements of this Section 3(d)(xii), (2) consent to
general service of process in any such jurisdiction or become subject to taxation in any such jurisdiction or (3) make any changes to its certificate of incorporation or by-laws or other governing documents or any agreement between it and its
stockholders; 

  
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 (xiii) unless any Registrable Securities shall be in book-entry only form,
cooperate with the Electing Holders to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold, which certificates, if so required by any securities exchange upon which any Registrable Securities
are listed, shall be printed, penned, lithographed, engraved or otherwise produced by any combination of such methods, on steel engraved borders, and which certificates shall not bear any restrictive legends; 

(xiv) obtain a CUSIP number for all Securities that have been registered under the Securities Act, not later than the
applicable Effective Time; 
 (xv) notify in writing each holder of Registrable Securities of any proposal by the
Issuers to amend or waive any provision of this Agreement pursuant to Section 9(h) and of any amendment or waiver effected pursuant thereto, each of which notices shall contain the text of the amendment or waiver proposed or effected, as the
case may be; and 
 (xvi) comply with all applicable rules and regulations of the Commission, and make generally
available to its securityholders no later than eighteen months after the Effective Time of such Shelf Registration Statement an “earning statement” of the Issuer, Finance Co and their subsidiaries complying with Section 11(a) of the
Securities Act (including, at the Issuers’ option, Rule 158 thereunder). 
 (e) In the event that the
Issuers would be required, pursuant to Section 3(d)(viii)(G), to notify the Electing Holders, the Issuers shall promptly prepare and furnish to each of the Electing Holders a reasonable number of copies of a prospectus supplemented or amended
so that, as thereafter delivered to purchasers of Registrable Securities, such prospectus shall conform in all material respects to the applicable requirements of the Securities Act and the Trust Indenture Act and shall not contain an untrue
statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing. Each Electing Holder agrees that upon receipt of any
notice from the Issuers pursuant to Section 3(d)(viii)(G), such Electing Holder shall forthwith discontinue the disposition of Registrable Securities pursuant to the Shelf Registration Statement applicable to such Registrable Securities until
such Electing Holder shall have received copies of such amended or supplemented prospectus, and if so directed by the Issuers, such Electing Holder shall deliver to the Issuers (at the Issuers’ expense) all copies, other than permanent file
copies, of the prospectus covering such Registrable Securities in such Electing Holder’s possession at the time of receipt of such notice. 

  
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 (f) In the event of a Shelf Registration, in addition to the information
required to be provided by each Electing Holder in its Notice and Questionnaire, the Issuers may require such Electing Holder to furnish to the Issuers such additional information regarding such Electing Holder and such Electing Holder’s
intended method of distribution of Registrable Securities as may be required in order to comply with the Securities Act. Each such Electing Holder agrees to notify the Issuers as promptly as practicable of any inaccuracy or change in information
previously furnished by such Electing Holder to the Issuers or of the occurrence of any event in either case as a result of which any prospectus relating to such Shelf Registration contains or would contain an untrue statement of a material fact
regarding such Electing Holder or such Electing Holder’s intended method of disposition of such Registrable Securities or omits to state any material fact regarding such Electing Holder or such Electing Holder’s intended method of
disposition of such Registrable Securities required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing, and promptly to furnish to the Issuers any additional information
required to correct and update any previously furnished information or required so that such prospectus shall not contain, with respect to such Electing Holder or the disposition of such Registrable Securities, an untrue statement of a material fact
or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing. 

(g) Until the expiration of two years after the Closing Date, the Issuers will not, and will not permit any of their
“affiliates” (as defined in Rule 144) to, resell any of the Securities that have been reacquired by any of them except pursuant to an effective registration statement, or a valid exemption from the registration requirements, under the
Securities Act. 
 (h) As a condition to its participation in the Exchange Offer, each holder of Registrable
Securities shall furnish, upon the Issuers’ request, a written representation to the Issuers (which may be contained in the letter of transmittal or “agent’s message” transmitted via The Depository Trust Company’s Automated
Tender Offer Procedures, in either case contemplated by the Exchange Registration Statement) to the effect that (A) it is not an “affiliate” of the Issuer, as defined in Rule 405 of the Securities Act, or if it is such an
“affiliate”, it will comply with the registration and prospectus delivery requirements of the Securities Act to the extent applicable, (B) it is not engaged in and does not intend to engage in, and has no arrangement or understanding
with any person to participate in, a distribution of the Exchange Securities to be issued in the Exchange Offer, (C) it is acquiring the Exchange Securities in its ordinary course of business, (D) if it is a broker-dealer that holds
Securities that were acquired for its own account as a result of market-making activities or other trading activities (other than Securities acquired directly from the Issuers or any of their affiliates), it will deliver a prospectus meeting the
requirements of the Securities Act in connection with any resales of the Exchange Securities received by it in the Exchange Offer, (E) if it is a broker-dealer, that it did not purchase the Securities to be exchanged in the Exchange Offer from
the Issuers’ or any of their affiliates, and (F) it is not acting on behalf of any person who could not truthfully and completely make the representations contained in the foregoing subclauses (A) through (E). 

  
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 4. Registration Expenses. 

The Issuers agree to bear and to pay or cause to be paid promptly all expenses incident to the Issuers’ performance of or compliance
with this Agreement, including (a) all Commission and any FINRA registration, filing and review fees and expenses including reasonable fees and disbursements of counsel for the Eligible Holders in connection with such registration, filing and
review, (b) all fees and expenses in connection with the qualification of the Registrable Securities, the Securities, and the Exchange Securities, as applicable, for offering and sale under the State securities and blue sky laws referred to in
Section 3(d)(xii) and determination of their eligibility for investment under the laws of such jurisdictions as the Electing Holders may designate, including any reasonable and documented fees and disbursements of counsel for the Electing
Holders in connection with such qualification and determination, (c) all expenses relating to the preparation, printing, production, distribution and reproduction of each registration statement required to be filed hereunder, each prospectus
included therein or prepared for distribution pursuant hereto, each amendment or supplement to the foregoing, the expenses of preparing the Securities or Exchange Securities, as applicable, for delivery and the expenses of printing or producing any
selling agreements and blue sky or legal investment memoranda and all other documents in connection with the offering, sale or delivery of Securities or Exchange Securities, as applicable, to be disposed of (including certificates representing the
Securities or Exchange Securities, as applicable), (d) messenger, telephone and delivery expenses relating to the offering, sale or delivery of Securities or Exchange Securities, as applicable, and the preparation of documents referred in
clause (c) above, (e) fees and expenses of the Trustee under the Indenture, any agent of the Trustee and any counsel for the Trustee and of any collateral agent or custodian, (f) internal expenses (including all salaries and expenses
of the Issuers’ officers and employees performing legal or accounting duties), (g) reasonable fees, disbursements and expenses of the Issuers’ counsel and independent certified public accountants, (h) reasonable and documented
fees, disbursements and expenses of one counsel for the Electing Holders retained in connection with a Shelf Registration, as selected by the Electing Holders of at least a majority in aggregate principal amount of the Registrable Securities held by
Electing Holders (which counsel shall be reasonably satisfactory to the Issuers), (i) any fees charged by securities rating services for rating the Registrable Securities, the Securities or the Exchange Securities, as applicable, and
(j) fees, expenses and disbursements of any other persons, including special experts, retained by the Issuers in connection with such registration (collectively, the “Registration Expenses”). To the extent that any Registration
Expenses are incurred, assumed or paid by any holder of Registrable Securities, Securities or Exchange Securities, as applicable, the Issuers shall reimburse such person for the full amount of the Registration Expenses so incurred, assumed or paid
promptly after receipt of a request therefor. Notwithstanding the foregoing, the holders of the Registrable Securities being registered shall pay all agency fees and commissions and underwriting discounts and commissions, if any, and transfer taxes,
if any, attributable to the sale of such Registrable Securities, Securities and Exchange Securities, as applicable, and the fees and disbursements of any counsel or other advisors or experts retained by such holders (severally or jointly), other
than the counsel and experts specifically referred to above. 

  
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 5. Representations and Warranties. 

Each of the Issuer, Finance Co and the Guarantors, jointly and severally, represents and warrants to, and agrees with, each Purchaser and
each of the holders from time to time of Registrable Securities that: 
 (a) Each registration statement covering
Registrable Securities, Securities or Exchange Securities, as applicable, and each prospectus (including any preliminary or summary prospectus) contained therein or furnished pursuant to Section 3(c) or Section 3(d) and any further
amendments or supplements to any such registration statement or prospectus, when it becomes effective or is filed with the Commission, as the case may be, will conform in all material respects to the requirements of the Securities Act and the Trust
Indenture Act and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; and at all times subsequent to the Effective Time
when a prospectus would be required to be delivered under the Securities Act, other than (A) from (i) such time as a notice has been given to holders of Registrable Securities pursuant to Section 3(c)(iii)(G) or
Section 3(d)(viii)(G) until (ii) such time as the Issuers furnish an amended or supplemented prospectus pursuant to Section 3(c)(iv) or Section 3(e) or (B) during any applicable Suspension Period, each such registration
statement, and each prospectus (including any summary prospectus) contained therein or furnished pursuant to Section 3(c) or Section 3(d), as then amended or supplemented, will conform in all material respects to the requirements of the
Securities Act and the Trust Indenture Act and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the
circumstances then existing; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information furnished in writing to the Issuers by a
holder of Registrable Securities expressly for use therein. 
 (b) Any documents incorporated by reference in any
prospectus referred to in Section 5(a), when they become or became effective or are or were filed with the Commission, as the case may be, will conform or conformed in all material respects to the requirements of the Securities Act or the
Exchange Act, as applicable, and none of such documents will contain or contained an untrue statement of a material fact or will omit or omitted to state a material fact required to be stated therein or necessary to make the statements therein in
light of the circumstances in which they were made not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information
furnished in writing to the Issuers by a holder of Registrable Securities expressly for use therein. 
 (c) The
compliance by the Issuers with all of the provisions of this Agreement and the consummation of the transactions herein contemplated will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or
constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Issuer, Finance Co or any of their subsidiaries is a party or by

  
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which the Issuer, Finance Co or any of their subsidiaries is bound or to which any of the Issuers’ or any of their subsidiaries’ property or assets is subject, (ii) result in any
violation of the provisions of the certificate of incorporation, as amended, or the by-laws or other governing documents, as applicable, of the Issuer, Finance Co or any of the Guarantors or (iii) result in any violation of any statute or any
order, rule or regulation of any court or governmental agency or body having jurisdiction over the Issuers or any of their subsidiaries or any of their respective properties, except, in the case of clauses (i) and (iii), for such conflicts,
breaches or defaults as would not, individually or in the aggregate, reasonably be expected to result in a material adverse effect on the business, properties, assets, financial position, equity, results of operations or prospects of the Issuer and
its subsidiaries, taken as a whole; and no consent, approval, authorization, order, registration or qualification of or with any such court or governmental agency or body is required for the consummation by the Issuers and the Guarantors of the
transactions contemplated by this Agreement, except (x) the registration under the Securities Act of the Registrable Securities, the Securities and the Exchange Securities, as applicable, and qualification of the Indenture under the Trust
Indenture Act, (y) such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or blue sky laws in connection with the offering and distribution of the Registrable Securities, and the
Exchange Securities, as applicable, and (z) such consents, approvals, authorizations, registrations or qualifications that have been obtained and are in full force and effect as of the date hereof. 

(d) This Agreement has been duly authorized, executed and delivered by the Issuers and by the Guarantors. 

6. Indemnification and Contribution. 
 (a) Indemnification by the Issuers and the Guarantors. Each of the Issuer, Finance Co and the Guarantors, jointly and severally, will indemnify and hold harmless each of the holders of Registrable
Securities included in an Exchange Registration Statement and each of the Electing Holders as holders of Registrable Securities included in a Shelf Registration Statement against any losses, claims, damages or liabilities, joint or several, to which
such holder or such Electing Holder may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue
statement of a material fact contained in any Exchange Registration Statement or any Shelf Registration Statement, as the case may be, under which such Registrable Securities or Exchange Securities were registered under the Securities Act, or any
preliminary, final or summary prospectus (including, without limitation, any “issuer free writing prospectus” as defined in Rule 433) contained therein or furnished by the Issuers to any such holder or any such Electing Holder, or any
amendment or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse each
such holder and each such Electing Holder for any and all legal or other expenses reasonably incurred by them in connection with investigating or defending any such action or claim as such expenses are incurred; provided, however, that
neither the Issuers nor the Guarantors shall be liable to any such 

  
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person in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission
made in such registration statement, or preliminary, final or summary prospectus (including, without limitation, any “issuer free writing prospectus” as defined in Rule 433), or amendment or supplement thereto, in reliance upon and in
conformity with written information furnished to the Issuers by such person expressly for use therein. 
 (b)
Indemnification by the Electing Holders. The Issuers may require, as a condition to including any Registrable Securities in any Shelf Registration Statement filed pursuant to Section 2(b), that the Issuers shall have received an
undertaking reasonably satisfactory to it from each Electing Holder of Registrable Securities included in such Shelf Registration Statement, severally and not jointly, to (i) indemnify and hold harmless the Issuers, the Guarantors and all other
Electing Holders of Registrable Securities included in such Shelf Registration Statement, against any losses, claims, damages or liabilities to which the Issuers, the Guarantors or such other Electing Holders may become subject, under the Securities
Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue statement of a material fact contained in such registration statement, or
any preliminary, final or summary prospectus (including, without limitation, any “issuer free writing prospectus” as defined in Rule 433) contained therein or furnished by the Issuers to any Electing Holder, or any amendment or
supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, in each case to the extent, but only to
the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in reliance upon and in conformity with written information furnished to the Issuers by such Electing Holder expressly for use therein, and
(ii) reimburse the Issuers and the Guarantors for any legal or other expenses reasonably incurred by the Issuers and the Guarantors in connection with investigating or defending any such action or claim as such expenses are incurred;
provided, however, that no such Electing Holder shall be required to undertake liability to any person under this Section 6(b) for any amounts in excess of the dollar amount of the proceeds to be received by such Electing Holder
from the sale of such Electing Holder’s Registrable Securities pursuant to such registration. 
 (c)
Notices of Claims, Etc. Promptly after receipt by an indemnified party under subsection (a) or (b) above of written notice of the commencement of any action, such indemnified party shall, if a claim in respect thereof is to be made
against an indemnifying party pursuant to the indemnification provisions of or contemplated by this Section 6, notify such indemnifying party in writing of the commencement of such action; but the omission so to notify the indemnifying party
shall not relieve it from any liability which it may have to any indemnified party otherwise than under the indemnification provisions of or contemplated by Section 6(a) or Section 6(b). In case any such action shall be brought against any
indemnified party and it shall notify an indemnifying party of the commencement thereof, such indemnifying party shall be entitled to participate therein and, to the extent that it shall wish, jointly with any other indemnifying party similarly
notified, to assume the defense thereof, with counsel reasonably satisfactory to such indemnified party (who shall not, except with the consent 

  
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of the indemnified party, be counsel to the indemnifying party), and, after notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, such
indemnifying party shall not be liable to such indemnified party for any legal expenses of other counsel or any other expenses, in each case subsequently incurred by such indemnified party, in connection with the defense thereof other than
reasonable costs of investigation. No indemnifying party shall, without the prior written consent of the indemnified party, effect the settlement or compromise of, or consent to the entry of any judgment with respect to, any pending or threatened
action or claim in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified party is an actual or potential party to such action or claim) unless such settlement, compromise or judgment
(i) includes an unconditional release of the indemnified party from all liability arising out of such action or claim and (ii) does not include a statement as to, or an admission of, fault, culpability or a failure to act by or on behalf
of any indemnified party. An indemnifying party shall not be required to indemnify an indemnified party for any amount paid or payable by the indemnified party in the settlement of any action, proceeding or investigation without the written consent
of the indemnifying party, which consent shall not be unreasonably withheld. 
 (d) Contribution. If for
any reason the indemnification provisions contemplated by Section 6(a) or Section 6(b) are unavailable to or insufficient to hold harmless an indemnified party in respect of any losses, claims, damages or liabilities (or actions in respect
thereof) referred to therein, then each indemnifying party shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages or liabilities (or actions in respect thereof) in such proportion as is
appropriate to reflect the relative fault of the indemnifying party and the indemnified party in connection with the statements or omissions which resulted in such losses, claims, damages or liabilities (or actions in respect thereof), as well as
any other relevant equitable considerations. The relative fault of such indemnifying party and indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or omission
or alleged omission to state a material fact relates to information supplied by such indemnifying party or by such indemnified party, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such
statement or omission. The parties hereto agree that it would not be just and equitable if contributions pursuant to this Section 6(d) were determined by pro rata allocation (even if the holders were treated as one entity for such purpose) or
by any other method of allocation which does not take account of the equitable considerations referred to in this Section 6(d). The amount paid or payable by an indemnified party as a result of the losses, claims, damages, or liabilities (or
actions in respect thereof) referred to above shall be deemed to include any legal or other fees or expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the
provisions of this Section 6(d), no Electing Holder shall be required to contribute any amount in excess of the amount by which the dollar amount of the proceeds received by such holder from the sale of any Registrable Securities (after
deducting any fees, discounts and commissions applicable thereto) exceeds the amount of any damages which such holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person
guilty of fraudulent misrepresentation (within the meaning 

  
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of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The holders’ obligations in this
Section 6(d) to contribute shall be several in proportion to the principal amount of Registrable Securities registered by them and not joint. 
 (e) The Issuers’ and the Guarantors’ obligations of under this Section 6 shall be in addition to any liability which the Issuers or the Guarantors may otherwise have and shall extend, upon
the same terms and conditions, to each officer, director and partner of each holder, each Electing Holder, and each person, if any, who controls any of the foregoing within the meaning of the Securities Act; and the obligations of the holders and
the Electing Holders contemplated by this Section 6 shall be in addition to any liability which the respective holder or Electing Holder may otherwise have and shall extend, upon the same terms and conditions, to the Issuers’ or the
Guarantors’ officers and directors (including any person who, with his consent, is named in any registration statement as about to become a director of the Issuer, Finance Co or any of the Guarantors) and to each person, if any, who controls
the Issuers within the meaning of the Securities Act, as well as to each officer and director of the other holders and to each person, if any, who controls such other holders within the meaning of the Securities Act. 

7. Underwritten Offerings. 
 Each holder of Registrable Securities hereby agrees with the Issuers and each other such holder that no holder of Registrable Securities may participate in any underwritten offering hereunder unless
(a) the Issuers give their prior written consent to such underwritten offering, (b) the managing underwriter or underwriters thereof shall be designated by Electing Holders holding at least a majority in aggregate principal amount of the
Registrable Securities to be included in such offering, provided that such designated managing underwriter or underwriters is or are reasonably acceptable to the Issuers, (c) each holder of Registrable Securities participating in such
underwritten offering agrees to sell such holder’s Registrable Securities on the basis provided in any underwriting arrangements approved by the persons entitled selecting the managing underwriter or underwriters hereunder and (d) each
holder of Registrable Securities participating in such underwritten offering completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such
underwriting arrangements. The Issuers hereby agree with each holder of Registrable Securities that, to the extent it consents to an underwritten offering hereunder, it will negotiate in good faith and execute all indemnities, underwriting
agreements and other documents reasonably required under the terms of such underwriting arrangements, including using all commercially reasonable efforts to procure customary legal opinions and auditor “comfort” letters. 

8. Rule 144. 
 (a) Facilitation of Sales Pursuant to Rule 144. The Issuers covenant to the holders of Registrable Securities that to the extent either shall be required to do so under the Exchange Act, such
Issuer shall timely file the reports required to be filed by it under the Exchange Act or the Securities Act (including the reports under Sections 13 and 15(d) of the Exchange Act referred to in subparagraph (c)(1) of Rule 144), and shall take
such 

  
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further action as any holder of Registrable Securities may reasonably request, all to the extent required from time to time to enable such holder to sell Registrable Securities without
registration under the Securities Act within the limitations of the exemption provided by Rule 144. Upon the request of any holder of Registrable Securities in connection with that holder’s sale pursuant to Rule 144, the Issuers shall
deliver to such holder a written statement as to whether it has complied with such requirements. 
 (b)
Availability of Rule 144 Not Excuse for Obligations under Section 2. The fact that holders of Registrable Securities may become eligible to sell such Registrable Securities pursuant to Rule 144 shall not (1) cause such
Securities to cease to be Registrable Securities or (2) excuse the Issuers’ and the Guarantors’ obligations set forth in Section 2 of this Agreement, including without limitation the obligations in respect of an Exchange Offer,
Shelf Registration and Special Interest. 
 9. Miscellaneous. 

(a) No Inconsistent Agreements. The Issuers represent, warrant, covenant and agree that it has not granted, and
shall not grant, registration rights with respect to Registrable Securities, Exchange Securities or Securities, as applicable, or any other securities which would be inconsistent with the terms contained in this Agreement. 

(b) Specific Performance. The parties hereto acknowledge that there would be no adequate remedy at law if the
Issuers fail to perform any of its obligations hereunder and that the Purchasers and the holders from time to time of the Registrable Securities may be irreparably harmed by any such failure, and accordingly agree that the Purchasers and such
holders, in addition to any other remedy to which they may be entitled at law or in equity, shall be entitled to compel specific performance of the Issuers’ obligations under this Agreement in accordance with the terms and conditions of this
Agreement, in any court of the United States or any State thereof having jurisdiction. Time shall be of the essence in this Agreement. 
 (c) Notices. All notices, requests, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered by hand, if delivered
personally, by facsimile or by courier, or three days after being deposited in the mail (registered or certified mail, postage prepaid, return receipt requested) as follows: If to the Issuers, to them at 38C Grove Street, Suite 100, Ridgefield, CT
06877, Attention: Secretary, and if to a holder, to the address of such holder set forth in the security register or the Issuers’ other records, or to such other address as the Issuers or any such holder may have furnished to the other in
writing in accordance herewith, except that notices of change of address shall be effective only upon receipt. 

(d) Parties in Interest. All the terms and provisions of this Agreement shall be binding upon, shall inure to the
benefit of and shall be enforceable by the parties hereto, the holders from time to time of the Registrable Securities and the respective successors and assigns of the foregoing. In the event that any transferee of any holder of Registrable
Securities shall acquire Registrable Securities, in any manner, whether by gift, bequest, 

  
 Page 23

 
purchase, operation of law or otherwise, such transferee shall, without any further writing or action of any kind, be deemed a beneficiary hereof for all purposes and such Registrable Securities
shall be held subject to all of the terms of this Agreement, and by taking and holding such Registrable Securities such transferee shall be entitled to receive the benefits of, and be conclusively deemed to have agreed to be bound by all of the
applicable terms and provisions of this Agreement. If the Issuers shall so request, any such successor, assign or transferee shall agree in writing to acquire and hold the Registrable Securities subject to all of the applicable terms hereof.

 (e) Survival. The respective indemnities, agreements, representations, warranties and each other
provision set forth in this Agreement or made pursuant hereto shall remain in full force and effect regardless of any investigation (or statement as to the results thereof) made by or on behalf of any holder of Registrable Securities, any director,
officer or partner of such holder, or any controlling person of any of the foregoing, and shall survive delivery of and payment for the Registrable Securities pursuant to the Purchase Agreement, the transfer and registration of Registrable
Securities by such holder and the consummation of an Exchange Offer. 
 (f) Governing Law. This Agreement
shall be governed by and construed in accordance with the laws of the State of New York. 
 (g) Headings.
The descriptive headings of the several Sections and paragraphs of this Agreement are inserted for convenience only, do not constitute a part of this Agreement and shall not affect in any way the meaning or interpretation of this Agreement.

 (h) Entire Agreement; Amendments. This Agreement and the other writings referred to herein (including
the Indenture and the form of Securities) or delivered pursuant hereto which form a part hereof contain the entire understanding of the parties with respect to its subject matter. This Agreement supersedes all prior agreements and understandings
between the parties with respect to its subject matter. This Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a
written instrument duly executed by the Issuers and the holders of at least a majority in aggregate principal amount of the Registrable Securities at the time outstanding. Each holder of any Registrable Securities at the time or thereafter
outstanding shall be bound by any amendment or waiver effected pursuant to this Section 9(h), whether or not any notice, writing or marking indicating such amendment or waiver appears on such Registrable Securities or is delivered to such
holder. 
 (i) Inspection. For so long as this Agreement shall be in effect, this Agreement and a complete
list of the names and addresses of all the record holders of Registrable Securities shall be made available for inspection and copying on any Business Day by any holder of Registrable Securities for proper purposes only (which shall include any
purpose related to the rights of the holders of Registrable Securities under the Securities, the Indenture and this Agreement) at the Issuers’ offices at the address thereof set forth in Section 9(c) and at the office of the Trustee under
the Indenture. 

  
 Page 24

 (j) Counterparts. This Agreement may be executed by the parties in
counterparts, each of which shall be deemed to be an original, but all such respective counterparts shall together constitute one and the same instrument. 
 (k) Severability. If any provision of this Agreement, or the application thereof in any circumstance, is held to be invalid, illegal or unenforceable in any respect for any reason, the validity,
legality and enforceability of such provision in every other respect and of the remaining provisions contained in this Agreement shall not be affected or impaired thereby. 
 If the foregoing is in accordance with your understanding, please sign and return to us one for the Issuers, each of the Guarantors and the Representative plus one for each counsel counterparts hereof,
and upon the acceptance hereof by you, on behalf of each of the Purchasers, this letter and such acceptance hereof shall constitute a binding agreement between each of the Purchasers, the Guarantors and the Issuers. It is understood that your
acceptance of this letter on behalf of each of the Purchasers is pursuant to the authority set forth in a form of Agreement among Purchasers, the form of which shall be submitted to the Issuers for examination upon request, but without warranty on
your part as to the authority of the signers thereof. 

  
 Page 25

 
			
	Very truly yours,
	
	Northern Tier Energy LLC
		
	By:	 	/s/ Dave Bonczek
		 	Name: Dave Bonczek
		 	Title: Vice President & Chief Financial Officer
	
	Northern Tier Finance Corporation
		
	By:	 	/s/ Dave Bonczek
		 	Name: Dave Bonczek
		 	Title: Vice President & Chief Financial Officer
	
	Northern Tier Energy LP
	By:	 	 Northern Tier Energy GP LLC, its General
 Partner

		
	By:	 	/s/ Dave Bonczek
		 	Name: Dave Bonczek
		 	Title: Vice President & Chief Financial Officer
	
	Northern Tier Bakery LLC
		
	By:	 	/s/ Oscar Rodriguez
		 	Name: Oscar Rodriguez
		 	Title: Treasurer & Secretary
	
	Northern Tier Retail LLC
		
	By:	 	/s/ Oscar Rodriguez
		 	Name: Oscar Rodriguez
		 	Title: Treasurer & Secretary

 Signature Page 
 to 
 Exchange and Registration Rights Agreement 

 
			
	Northern Tier Oil Transport LLC
		
	By:	 	/s/ Oscar Rodriguez
		 	Name: Oscar Rodriguez
		 	Title: Vice President & Treasurer
	
	St. Paul Park Refining Co. LLC
		
	By:	 	/s/ Oscar Rodriguez
		 	Name: Oscar Rodriguez
		 	Title: Assistant Treasurer
	
	SuperAmerica Franchising LLC
		
	By:	 	/s/ Oscar Rodriguez
		 	Name: Oscar Rodriguez
		 	Title: Treasurer & Secretary
	
	Northern Tier Retail Holdings LLC
		
	By:	 	/s/ Oscar Rodriguez
		 	Name: Oscar Rodriguez
		 	Title: Vice President & Treasurer

 Signature Page 
 to 
 Exchange and Registration Rights Agreement 

			
	Accepted as of the date hereof:
	
	Goldman, Sachs & Co.
		
	By:	 	/s/ Michael Walker
		 	Name: Michael Walker
		 	Title: Vice President
	
	Deutsche Bank Securities Inc.
		
	By:	 	/s/ David Lynch
		 	Name: David Lynch
		 	Title: Managing Director
		
	By:	 	/s/ Frank Fazio
		 	Name: Frank Fazio
		 	Title Managing Director
	
	J.P. Morgan Securities LLC
		
	By:	 	/s/ Geoffrey Benson
		 	Name: Geoffrey Benson
		 	Title: Managing Director

 On behalf of each of the Purchasers. 
 Signature Page 
 to 

Exchange and Registration Rights Agreement 

 Schedule I 
 Goldman, Sachs & Co. 
 Deutsche Bank Securities LLC 

J.P. Morgan Securities LLC 
 Merrill Lynch,
Pierce, Fenner & Smith Incorporated 
 Barclays Capital Inc. 
 Credit Suisse Securities (USA) LLC 
 Macquarie Capital (USA) Inc. 

SunTrust Robinson Humphrey, Inc. 
 UBS
Securities LLC 
 Wells Fargo Securities, LLC 
 Schedule I 
 Page 1 

 Exhibit A 
 Northern Tier Energy LLC 
 Northern Tier Finance Corporation

 INSTRUCTION TO DTC PARTICIPANTS 
 (Date of Mailing) 
 URGENT — IMMEDIATE ATTENTION REQUESTED 

DEADLINE FOR RESPONSE: DATE * 
 The Depository Trust Company (“DTC”) has identified you as a DTC Participant through which beneficial interests in the Northern Tier Energy LLC’s (the “Issuer”) and
Northern Tier Finance Corporation (“Finance Co” and together with the Issuer, the “Issuers”), $275,000,000 aggregate principal amount of 7.125% Senior Secured Notes due 2020 (the “Securities”) are
held. 
 The Issuers are in the process of registering the Securities under the Securities Act of 1933 for resale by the beneficial owners
thereof. In order to have their Securities included in the registration statement, beneficial owners must complete and return the enclosed Notice of Registration Statement and Selling Securityholder Questionnaire. 

It is important that beneficial owners of the Securities receive a copy of the enclosed materials as soon as possible as their rights to have the
Securities included in the registration statement depend upon their returning the Notice and Questionnaire by Deadline For Response. Please forward a copy of the enclosed documents to each beneficial owner that holds interests in the Securities
through you. If you require more copies of the enclosed materials or have any questions pertaining to this matter, please contact Northern Tier Energy LLC and Northern Tier Finance Corporation: 38C Grove Street, Suite 100, Ridgefield, CT 06877,
Telephone No.: (203) 244-6550, Attention: Secretary. 
  

	*	Not less than 28 calendar days from date of mailing. 

 Exhibit A 
 Page 1 

 Northern Tier Energy LLC 

Northern Tier Finance Corporation 
 Notice of Registration Statement 
 and  

Selling Securityholder Questionnaire 
 (Date) 
 Reference is hereby made to the Exchange and Registration Rights Agreement (the
“Exchange and Registration Rights Agreement”) between Northern Tier Energy LLC (the “Issuer”), Northern Tier Finance Corporation (“Finance Co” and, together with the Issuer, the
“Issuers”) and the Purchasers named therein. Pursuant to the Exchange and Registration Rights Agreement, the Issuers has filed or will file with the United States Securities and Exchange Commission (the
“Commission”) a registration statement on Form (the “Shelf Registration Statement”) for the registration and resale under Rule 415 of the Securities Act of 1933, as amended (the “Securities
Act”), of the Issuers’ $275,000,000 aggregate principal amount of 7.125% Senior Secured Notes due 2020 (the “Securities”). A copy of the Exchange and Registration Rights Agreement has been filed as an exhibit to the
Shelf Registration Statement and can be obtained from the Commission’s website at www.sec.gov. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Exchange and Registration Rights Agreement.

 Each beneficial owner of Registrable Securities (as defined below) is entitled to have the Registrable Securities beneficially owned by it
included in the Shelf Registration Statement. In order to have Registrable Securities included in the Shelf Registration Statement, this Notice of Registration Statement and Selling Securityholder Questionnaire (“Notice and
Questionnaire”) must be completed, executed and delivered to the Issuers’ counsel at the address set forth herein for receipt ON OR BEFORE Deadline for Response. Beneficial owners of Registrable Securities who do not properly complete,
execute and return this Notice and Questionnaire by such date (i) will not be named as selling securityholders in the Shelf Registration Statement and (ii) may not use the Prospectus forming a part thereof for resales of Registrable
Securities. 
 Certain legal consequences arise from being named as a selling securityholder in the Shelf Registration Statement and related
Prospectus. Accordingly, holders and beneficial owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences of being named or not being named as a selling securityholder in the Shelf
Registration Statement and related Prospectus. 
 The term “Registrable Securities” is defined in the Exchange and Registration
Rights Agreement. 
 Exhibit A 
 Page 2 

 ELECTION 
 The undersigned holder (the “Selling Securityholder”) of Registrable Securities hereby elects to include in the Shelf Registration Statement the Registrable Securities beneficially owned
by it and listed below in Item (3). The undersigned, by signing and returning this Notice and Questionnaire, agrees to be bound with respect to such Registrable Securities by the terms and conditions of this Notice and Questionnaire and the Exchange
and Registration Rights Agreement, including, without limitation, Section 6 of the Exchange and Registration Rights Agreement, as if the undersigned Selling Securityholder were an original party thereto. 

Pursuant to the Exchange and Registration Rights Agreement, the undersigned has agreed to indemnify and hold harmless the Issuers, the Guarantors, their
officers who sign any Shelf Registration Statement, and each person, if any, who controls the Issuers or the Guarantors within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act of 1934, as amended
(the “Exchange Act”), against certain loses arising out of an untrue statement, or the alleged untrue statement, of a material fact in the Shelf Registration Statement or the related prospectus or the omission, or alleged omission,
to state a material fact required to be stated in such Shelf Registration Statement or the related prospectus, but only to the extent such untrue statement or omission, or alleged untrue statement or omission, was made in reliance on and in
conformity with the information provided in this Notice and Questionnaire. 
 Upon any sale of Registrable Securities pursuant to the Shelf
Registration Statement, the Selling Securityholder will be required to deliver to the Issuers and Trustee the Notice of Transfer set forth in Appendix A to the Prospectus and as Exhibit B to the Exchange and Registration Rights Agreement.

 The Selling Securityholder hereby provides the following information to the Issuers and represents and warrants that such information is
accurate and complete: 
 Exhibit A 
 Page 3 

 QUESTIONNAIRE 

 

					
	(1)	 	(a)	 	Full legal name of Selling Securityholder:
		 		 	  

			
		 	(b)	 	Full legal name of registered Holder (if not the same as in (a) above) of Registrable Securities listed in Item (3) below:
		 		 	 
			
		 	(c)	 	Full legal name of DTC Participant (if applicable and if not the same as (b) above) through which Registrable Securities listed
in Item (3) below are held:                                
                                         
                                         
                                         
      
		
	(2)	 	Address for notices to Selling Securityholder:
		
		 	  

		
		 	  

		
		 	  

		
		 	Telephone:                          
                                         
                                         
                                         
                                         
                                     
		
		 	Fax:                           
                                         
                                         
                                         
                                         
                                         
        
		
		 	Contact
Person:                                        
                                         
                                         
                                         
                                         
              
		
		 	E-mail for Contact
Person:                                        
                                         
                                         
                                         
                                  
		
	(3)	 	Beneficial Ownership of Securities:
			
		 		 	Except as set forth below in this Item (3), the undersigned does not beneficially own any Securities.
			
		 	(a)	 	Principal amount of Registrable Securities beneficially owned:
                                         
                                         
                  
			
		 		 	CUSIP No(s). of such Registrable
Securities:                                       
                                         
                                         
                                  
			
		 	(b)	 	Principal amount of Securities other than Registrable Securities beneficially owned:
                                         
                         
			
		 		 	  

			
		 		 	CUSIP No(s). of such other
Securities:                                       
                                         
                                         
                                         
     

 Exhibit A 

Page 4 

					
			
		 	(c)	 	Principal amount of Registrable Securities that the undersigned wishes to be included in the Shelf Registration Statement:
			
		 		 	  

			
		 		 	CUSIP No(s). of such Registrable Securities to be included in the Shelf Registration Statement:
                                         
       
			
		 	(4)	 	Beneficial Ownership of Issuers’ Other Securities:
			
		 		 	Except as set forth below in this Item (4), the undersigned Selling Securityholder is not the beneficial or registered owner of any Issuers’ other securities, other than the
Securities listed above in Item (3).
			
		 		 	State any exceptions here:
			
		 		 	  

			
		 		 	  

			
		 		 	  

		
	(5)    	 	Individuals who exercise dispositive powers with respect to the Securities:
		
		 	If the Selling Securityholder is not an entity that is required to file reports with the Commission pursuant to Section 13 or 15(d) of the Exchange Act (a
“Reporting Company”), then the Selling Securityholder must disclose the name of the natural person(s) who exercise sole or shared dispositive powers with respect to the Securities. Selling Securityholders should
disclose the beneficial holders, not nominee holders or other such others of record. In addition, the Commission has provided guidance that Rule 13d-3 of the Securities Exchange Act of 1934 should be used by analogy when determining the person
or persons sharing voting and/or dispositive powers with respect to the Securities.
			
		 	(a)	 	Is the holder a Reporting Company?
			
		 		 	Yes    ̈    No   ̈
			
		 		 	If “No”, please answer Item (5)(b).
			
		 	(b)	 	List below the individual or individuals who exercise dispositive powers with respect to the Securities:
			
		 		 	  

			
		 		 	  

			
		 		 	  

 Exhibit A 
 Page 5 

					
		 		 	Please note that the names of the persons listed in (b) above will be included in the Shelf Registration Statement and related Prospectus.
			
		 	(6)	 	Relationships with the Issuers:
			
		 		 	Except as set forth below, neither the Selling Securityholder nor any of its affiliates, officers, directors or principal equity holders (5% or more) has held any position or
office or has had any other material relationship with either the Issuer or Finance Co (or their predecessors or affiliates) during the past three years.
			
		 		 	State any exceptions here:
			
		 		 	  

			
		 		 	  

			
		 		 	  

			
		 	(7)	 	 Plan of Distribution:

			
		 		 	  

			
		 		 	Except as set forth below, the undersigned Selling Securityholder intends to distribute the Registrable Securities listed above in Item (3) only as follows (if at all). Such
Registrable Securities may be sold from time to time directly by the undersigned Selling Securityholder. Such Registrable Securities may be sold in one or more transactions at fixed prices, at prevailing market prices at the time of sale, at varying
prices determined at the time of sale, or at negotiated prices. Such sales may be effected in transactions (which may involve crosses or block transactions) (i) on any national securities exchange or quotation service on which the Registered
Securities may be listed or quoted at the time of sale, (ii) in the over-the-counter market, (iii) in transactions otherwise than on such exchanges or services or in the over-the-counter market, or (iv) through the writing of options.
In connection with sales of the Registrable Securities or otherwise, the Selling Securityholder may enter into hedging transactions with broker-dealers, which may in turn engage in short sales of the Registrable Securities in the course of hedging
the positions they assume. The Selling Securityholder may also sell Registrable Securities short and deliver Registrable Securities to close out such short positions, or loan or pledge Registrable Securities to broker-dealers that in turn may sell
such securities.
			
		 		 	State any exceptions here:
			
		 		 	  

			
		 		 	  

			
		 		 	  

			
		 		 	Note. In no event may such method(s) of distribution take the form of an underwritten offering of Registrable Securities without the prior written agreement of the
Issuers.

 Exhibit A 
 Page 6 

							
	(8)	 	Broker-Dealers
		
		 	The Commission requires that all Selling Securityholders that are registered broker-dealers or affiliates of registered broker-dealers be so identified in the Shelf
Registration Statement. In addition, the Commission requires that all Selling Securityholders that are registered broker-dealers be named as underwriters in the Shelf Registration Statement and related Prospectus, even if they did not receive the
Registrable Securities as compensation for underwriting activities.
			
		 	(a)	 	State whether the undersigned Selling Securityholder is a registered broker-dealer:
			
		 		 	Yes   ̈    No   ̈
			
		 	(b)	 	If the answer to (a) is “Yes”, you must answer (i) and (ii) below, and (iii) below if applicable. Your answers to (i) and
(ii) below, and (iii) below if applicable, will be included in the Shelf Registration Statement and related Prospectus.
				
		 		 	(i)	 	Were the Securities acquired as compensation for underwriting activities?
				
		 		 		 	Yes   ̈    No   ̈
				
		 		 		 	If you answered “Yes”, please provide a brief description of the transaction(s) in which the Securities were acquired as compensation.
				
		 		 		 	  

				
		 		 		 	  

				
		 		 		 	  

				
		 		 	(ii)	 	Were the Securities acquired for investment purposes?
				
		 		 		 	Yes   ̈    No   ̈
				
		 		 	(iii)	 	If you answered “No” to both (i) and (ii), please explain the Selling Securityholder’s reason for acquiring the Securities:
				
		 		 		 	  

				
		 		 		 	  

				
		 		 		 	  

			
		 	(c)	 	State whether the undersigned Selling Securityholder is an affiliate of a registered broker-dealer and, if so, list the name(s) of the broker-dealer
affiliate(s):
			
		 		 	Yes   ̈    No   ̈

 Exhibit A 
 Page 7 

							
		  	(d)	  	If you answered “Yes” to question (c) above:
				
		  		  	(i)	  	Did the undersigned Selling Securityholder purchase Registrable Securities in the ordinary course of business?
				
		  		  		  	Yes   ̈    No   ̈
				
		  		  		  	If the answer is “No” to question (d)(i), provide a brief explanation of the circumstances in which the Selling Securityholder acquired the Registrable
Securities:
				
		  		  		  	  

				
		  		  		  	  

				
		  		  		  	  

				
		  		  	(ii)	  	At the time of the purchase of the Registrable Securities, did the undersigned Selling Securityholder have any agreements, understandings or arrangements, directly or indirectly,
with any person to dispose of or distribute the Registrable Securities?
				
		  		  		  	Yes   ̈    No   ̈
				
		  		  		  	If the answer is “Yes” to question (d)(ii), provide a brief explanation of such agreements, understandings or arrangements:
				
		  		  		  	  

				
		  		  		  	  

				
		  		  		  	  

				
		  		  		  	If the answer is “No” to Item (8)(d)(i) or “Yes” to Item (8)(d)(ii), you will be named as an underwriter in the Shelf Registration Statement and the
related Prospectus.
		
	(9)	  	 Hedgingand short sales:

			
		  	(a)	  	State whether the undersigned Selling Securityholder has or will enter into “hedging transactions” with respect to the Registrable Securities:
			
		  		  	Yes   ̈    No   ̈
			
		  		  	If “Yes”, provide below a complete description of the hedging transactions into which the undersigned Selling Securityholder has entered or will enter and the
purpose of such hedging transactions, including the extent to which such hedging transactions remain in place:

 Exhibit A 
 Page 8 

					
		  		  	  

			
		  		  	  

			
		  		  	  

			
		  	(b)	  	Set forth below is Interpretation A.65 of the Commission’s July 1997 Manual of Publicly Available Interpretations regarding short selling:
			
		  		  	“An issuer filed a Form S-3 registration statement for a secondary offering of common stock which is not yet effective. One of the selling shareholders wanted to do a short
sale of common stock “against the box” and cover the short sale with registered shares after the effective date. The issuer was advised that the short sale could not be made before the registration statement becomes effective, because the
shares underlying the short sale are deemed to be sold at the time such sale is made. There would, therefore, be a violation of Section 5 if the shares were effectively sold prior to the effective date.”
			
		  		  	By returning this Notice and Questionnaire, the undersigned Selling Securityholder will be deemed to be aware of the foregoing interpretation.

 * * * * * 
 By signing below, the Selling Securityholder acknowledges that it understands its obligation to comply, and agrees that it will comply, with the provisions of the Exchange Act, particularly Regulation M
(or any successor rule or regulation). 
 The Selling Securityholder hereby acknowledges its obligations under the Exchange and Registration
Rights Agreement to indemnify and hold harmless the Issuers and certain other persons as set forth in the Exchange and Registration Rights Agreement. 
 In the event that the Selling Securityholder transfers all or any portion of the Registrable Securities listed in Item (3) above after the date on which such information is provided to the Issuers,
the Selling Securityholder agrees to notify the transferee(s) at the time of the transfer of its rights and obligations under this Notice and Questionnaire and the Exchange and Registration Rights Agreement. 

By signing below, the Selling Securityholder consents to the disclosure of the information contained herein in its answers to Items (1) through
(9) above and the inclusion of such information in the Shelf Registration Statement and related Prospectus. The Selling Securityholder understands that such information will be relied upon by the Issuers in connection with the preparation of
the Shelf Registration Statement and related Prospectus. 
 In accordance with the Selling Securityholder’s obligation under
Section 3(d) of the Exchange and Registration Rights Agreement to provide such information as may be required by law for inclusion in the Shelf Registration Statement, the Selling Securityholder agrees to promptly notify the Issuers of any
inaccuracies or changes in the information provided herein which may occur subsequent to the date hereof at any time while the Shelf Registration Statement remains in 
 Exhibit A 
 Page 9 

 
effect and to provide such additional information that the Issuers may reasonably request regarding such Selling Securityholder and the intended method of distribution of Registrable Securities
in order to comply with the Securities Act. Except as otherwise provided in the Exchange and Registration Rights Agreement, all notices hereunder and pursuant to the Exchange and Registration Rights Agreement shall be made in writing, by
hand-delivery, first-class mail, or air courier guaranteeing overnight delivery as follows: 
  

	(i)	To the Issuers: 

 Northern Tier
Energy LLC 
 Northern Tier Finance Corporation 38C Grove Street, Suite 100 

Ridgefield, CT 06877 
 Attention: Secretary 
  

	(ii)	With a copy to: 

Vinson & Elkins LLP 
 First City Tower 
 1001 Fannin Street, Suite 2500 

Houston, TX 77002-6760 
 Attention: Douglas E. McWilliams 
 Once this Notice and Questionnaire is executed by the Selling
Securityholder and received by the Issuers’ counsel, the terms of this Notice and Questionnaire, and the representations and warranties contained herein, shall be binding on, shall inure to the benefit of and shall be enforceable by the
Issuers’ and the Selling Securityholder’s respective successors, heirs, personal representatives, and assigns with respect to the Registrable Securities beneficially owned by such Selling Securityholder and listed in Item (3) above.
This Notice and Questionnaire shall be governed in all respects by the laws of the State of New York. 
 Exhibit A 

Page 10 

 IN WITNESS WHEREOF, the undersigned, by authority duly given, has caused this Notice and
Questionnaire to be executed and delivered either in person or by its duly authorized agent. 
 Dated: 

 

	
	Selling Securityholder
	(Print/type full legal name of beneficial owner of Registrable Securities)
	
	
	
By:                       
                                         
                      

	
	
        Name:               
                                         
               

	
        Title:               
                                         
                  

 PLEASE RETURN THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE FOR RECEIPT ON OR BEFORE 

DEADLINE FOR RESPONSE TO THE ISSUERS’ COUNSEL AT: 
  

	
	
	  

	
	  

	
	  

	
	  

	
	  

 Exhibit A 
 Page 11 

 Exhibit B 
 NOTICE OF TRANSFER PURSUANT TO REGISTRATION STATEMENT 
 Deutsche Bank Trust Company
Americas 
 Northern Tier Energy LLC 

Northern Tier Finance Corporation 
 c/o Deutsche
Bank Trust Company Americas 
 Deutsche Bank Trust Company Americas 
 Trust & Securities Services 
 60 Wall Street, MS NYC60-2710 

New York, New York 10005 
 Attn: Corporate Team
Deal Manager—Northern Tier 
 With a copy to: 
 Deutsche Bank Trust Company Americas 
 c/o Deutsche Bank National Trust Company 

Trust & Securities Services 
 100 Plaza
One, Mailstop JCY03-0699 
 Jersey City, New Jersey 07311 
 Attn: Corporate Team Deal Manager—Northern Tier 
 Attention: Trust Officer 

 

	 	Re:	Northern Tier Energy LLC and Northern Tier Finance Corporation (each the “Issuer” and together the “Issuers”) $275,000,000 aggregate
principal amount of 7.125% Senior Secured Notes due 2020 

 Dear Sirs: 
 Please be advised that [            ] has transferred $[            ] aggregate
principal amount of the above-referenced Notes pursuant to an effective Registration Statement on Form             (File
No. 333-            ) filed by the Issuers. 
 We hereby certify that the
prospectus delivery requirements, if any, of the Securities Act of 1933, as amended, have been satisfied and that the above-named beneficial owner of the Notes is named as a “Selling Holder” in the Prospectus dated
            or in supplements thereto, and that the aggregate principal amount of the Notes transferred are the Notes listed in such Prospectus opposite such owner’s name. 

 

					
	Dated:	 		 	Very truly yours,
			
		 		 	 
		 		 	(Name)

 Exhibit B 
 Page 1 

 
			
		
	By:	 	 
		 	(Authorized Signature)*
	
	DTC Participant Number:

 SIGNATURE GUARANTEE: 
  

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

 Exhibit B 

Page 2Form of Indenture

 Exhibit 4.1 
  

 
 SOUTHWESTERN ENERGY COMPANY,

 as ISSUER 
 AND 
 THE BANK OF NEW YORK MELLON 

TRUST COMPANY, N.A., 
 as TRUSTEE 
 INDENTURE 

Dated as of                     

  
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	ARTICLE I	  
	DEFINITIONS AND INCORPORATION BY REFERENCE	  
			
	Section 1.01.	 	 Definitions
	  	 	1	  
			
	Section 1.02.	 	 Incorporation by Reference of Trust Indenture Act
	  	 	15	  
			
	Section 1.03.	 	 Rules of Construction
	  	 	15	  
	
	ARTICLE II	  
	THE SECURITIES	  
			
	Section 2.01.	 	 Forms Generally
	  	 	16	  
			
	Section 2.02.	 	 Form of Trustee’s Certificate of Authentication
	  	 	17	  
			
	Section 2.03.	 	 Amount Unlimited; Issuable in Series
	  	 	17	  
			
	Section 2.04.	 	 Execution and Authentication
	  	 	20	  
			
	Section 2.05.	 	 Denomination and Date of Securities; Payments of Interest
	  	 	21	  
			
	Section 2.06.	 	 Registration, Transfer and Exchange
	  	 	21	  
			
	Section 2.07.	 	 Book-Entry Provisions for Global Securities
	  	 	24	  
			
	Section 2.08.	 	 Global Security Legend
	  	 	26	  
			
	Section 2.09.	 	 Mutilated, Destroyed, Lost or Stolen Securities
	  	 	27	  
			
	Section 2.10.	 	 Temporary Securities
	  	 	28	  
			
	Section 2.11.	 	 Cancellation of Securities
	  	 	28	  
			
	Section 2.12.	 	 CUSIP and ISIN Numbers
	  	 	29	  
			
	Section 2.13.	 	 Defaulted Interest
	  	 	29	  
			
	Section 2.14.	 	 Additional Securities
	  	 	30	  
	
	ARTICLE III	  
	COVENANTS	  
			
	Section 3.01.	 	 Payment of Principal, Premium, if any, and, Interest
	  	 	31	  
			
	Section 3.02.	 	 Maintenance of Office or Agency
	  	 	31	  
			
	Section 3.03.	 	 Money for Securities Payments to Be Held in Trust; Unclaimed Money
	  	 	31	  
			
	Section 3.04.	 	 Existence
	  	 	33	  
			
	Section 3.05.	 	 Reports by the Company
	  	 	33	  
			
	Section 3.06.	 	 Annual Compliance Certificate; Notice of Defaults or Events of Default
	  	 	33	  
			
	Section 3.07.	 	 Limitation on Liens
	  	 	33	  
			
	Section 3.08.	 	 Limitation on Sale and Leaseback Transactions
	  	 	34	  
			
	Section 3.09.	 	 Offer to Repurchase Upon Change of Control Event
	  	 	34	  
			
	Section 3.10.	 	 Waiver of Certain Covenants
	  	 	36	  
			
	Section 3.11.	 	 Further Instruments and Acts
	  	 	36	  

  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	
	ARTICLE IV	  
	CONSOLIDATION, MERGER OR SALE OF ASSETS	  
			
	Section 4.01.	 	 When the Company May Merge, Etc
	  	 	36	  
			
	Section 4.02.	 	 Successor Corporation Substituted
	  	 	37	  
			
	Section 4.03.	 	 Opinion of Counsel to Trustee
	  	 	37	  
	
	ARTICLE V	  
	REDEMPTION OF SECURITIES	  
			
	Section 5.01.	 	 Applicability of Article
	  	 	37	  
			
	Section 5.02.	 	 Notice of Redemption; Partial Redemptions
	  	 	37	  
			
	Section 5.03.	 	 Payment of Securities Called for Redemption
	  	 	39	  
	
	ARTICLE VI	  
	DEFAULTS AND REMEDIES	  
			
	Section 6.01.	 	 Events of Default
	  	 	40	  
			
	Section 6.02.	 	 Acceleration
	  	 	42	  
			
	Section 6.03.	 	 Other Remedies
	  	 	43	  
			
	Section 6.04.	 	 Waiver of Past Defaults
	  	 	43	  
			
	Section 6.05.	 	 Control by Majority
	  	 	43	  
			
	Section 6.06.	 	 Limitation on Suits
	  	 	44	  
			
	Section 6.07.	 	 Rights of Holders to Receive Payment
	  	 	44	  
			
	Section 6.08.	 	 Collection Suit by Trustee
	  	 	45	  
			
	Section 6.09.	 	 Trustee May File Proofs of Claim
	  	 	45	  
			
	Section 6.10.	 	 Priorities
	  	 	46	  
			
	Section 6.11.	 	 Undertaking for Costs
	  	 	46	  
	
	ARTICLE VII	  
	TRUSTEE	  
			
	Section 7.01.	 	 Duties and Responsibilities of the Trustee
	  	 	46	  
			
	Section 7.02.	 	 Rights of Trustee
	  	 	48	  
			
	Section 7.03.	 	 Individual Rights of Trustee
	  	 	49	  
			
	Section 7.04.	 	 Trustee’s Disclaimer
	  	 	49	  
			
	Section 7.05.	 	 Notice of Default
	  	 	50	  
			
	Section 7.06.	 	 Reports by the Trustee to Holders. The Trustee shall comply with Section 313 of the Trust Indenture Act
	  	 	50	  
			
	Section 7.07.	 	 Compensation and Indemnity
	  	 	50	  

  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	Section 7.08.	 	 Resignation and Removal; Appointment of Successor Trustee
	  	 	51	  
			
	Section 7.09.	 	 Successor Trustee by Merger
	  	 	54	  
			
	Section 7.10.	 	 Eligibility; Disqualification
	  	 	54	  
			
	Section 7.11.	 	 Preferential Collection of Claims Against Company
	  	 	54	  
			
	Section 7.12.	 	 Communications with the Trustee
	  	 	55	  
	
	ARTICLE VIII	  
	DEFEASANCE	  
			
	Section 8.01.	 	 Applicability of the Article; Company’s Option to Effect Defeasance or Covenant Defeasance
	  	 	55	  
			
	Section 8.02.	 	 Legal Defeasance and Discharge
	  	 	55	  
			
	Section 8.03.	 	 Covenant Defeasance
	  	 	56	  
			
	Section 8.04.	 	 Conditions to Legal or Covenant Defeasance
	  	 	56	  
			
	Section 8.05.	 	 Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions
	  	 	57	  
			
	Section 8.06.	 	 Repayment to the Company
	  	 	58	  
			
	Section 8.07.	 	 Indemnity for Moneys and U.S. Government Obligations Held in Trust
	  	 	58	  
			
	Section 8.08.	 	 Reinstatement
	  	 	58	  
	
	ARTICLE IX	  
	DISCHARGE OF INDENTURE	  
			
	Section 9.01.	 	 Satisfaction and Discharge
	  	 	59	  
			
	Section 9.02.	 	 Application of Trust Money
	  	 	60	  
	
	ARTICLE X	  
	AMENDMENTS	  
			
	Section 10.01.	 	 Supplemental Indentures Without Consent of Holders
	  	 	60	  
			
	Section 10.02.	 	 With Consent of Holders
	  	 	61	  
			
	Section 10.03.	 	 Effect of Supplemental Indenture
	  	 	62	  
			
	Section 10.04.	 	 Compliance with TIA; Documents to Be Given to Trustee
	  	 	63	  
			
	Section 10.05.	 	 Notation on or Exchange of Securities
	  	 	63	  
			
	Section 10.06.	 	 Trustee to Sign Amendments and Supplements
	  	 	63	  
	
	ARTICLE XI	  
	 SECURITY GUARANTEES
	   

			
	Section 11.01.	 	 Applicability of the Article; Company’s Option to Implement Security Guarantees
	  	 	64	  

  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	Section 11.02.	 	 Security Guarantees
	  	 	64	  
			
	Section 11.03.	 	 Limitation on Liability; Termination; Release and Discharge
	  	 	65	  
			
	Section 11.04.	 	 Guarantors May Consolidate, Etc., on Certain Terms
	  	 	66	  
			
	Section 11.05.	 	 Right of Contribution
	  	 	66	  
			
	Section 11.06.	 	 No Subrogation
	  	 	67	  
	
	 ARTICLE XII
 CONCERNING THE HOLDERS
	   

  

			
	Section 12.01.	 	 Evidence of Action Taken by Holders
	  	 	67	  
			
	Section 12.02.	 	 Proof of Execution of Instruments and of Holding of Securities; Record Date
	  	 	67	  
			
	Section 12.03.	 	 Who May Be Deemed Owners of Securities
	  	 	68	  
			
	Section 12.04.	 	 Record Date for Action by Holders
	  	 	68	  
			
	Section 12.05.	 	 Right of Revocation of Action Taken
	  	 	68	  
	
	 ARTICLE XIII
 HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY
	   

  

			
	Section 13.01.	 	 Company to Furnish Trustee Names and Addresses of Holders
	  	 	69	  
			
	Section 13.02.	 	 Preservation of Information; Communications to Holders
	  	 	69	  
			
	Section 13.03.	 	 Reports by the Trustee
	  	 	70	  
	
	 ARTICLE XIV
 MISCELLANEOUS
	   

  

			
	Section 14.01.	 	 Trust Indenture Act Controls
	  	 	71	  
			
	Section 14.02.	 	 Notices
	  	 	71	  
			
	Section 14.03.	 	 Certificate and Opinion as to Conditions Precedent
	  	 	72	  
			
	Section 14.04.	 	 Statements Required in Certificate or Opinion
	  	 	72	  
			
	Section 14.05.	 	 Rules by Trustee, Paying Agent and Registrar
	  	 	73	  
			
	Section 14.06.	 	 Legal Holidays
	  	 	73	  
			
	Section 14.07.	 	 Parties
	  	 	73	  
			
	Section 14.08.	 	 Governing Law, Etc
	  	 	74	  
			
	Section 14.09.	 	 No Recourse Against Others
	  	 	74	  
			
	Section 14.10.	 	 Successors
	  	 	75	  
			
	Section 14.11.	 	 Duplicate and Counterpart Originals
	  	 	75	  
			
	Section 14.12.	 	 Severability
	  	 	75	  

  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	Section 14.13.	 	 Table of Contents; Headings
	  	 	75	  
			
	Section 14.14.	 	 Patriot Act Compliance
	  	 	75	  

  
 -v-

 INDENTURE, dated as of
                        , between Southwestern Energy Company, a Delaware corporation (the “Company”) and The
Bank of New York Mellon Trust Company, N.A., a national banking association, as Trustee (the “Trustee”). 

Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders from time to time
of the Company’s unsecured debentures, notes or other evidences of indebtedness (herein called the “Securities”), to be issued hereunder in one or more series as provided in this Indenture. 

ARTICLE I 

DEFINITIONS AND INCORPORATION BY REFERENCE 
 SECTION 1.01. Definitions . 
 “Additional Securities”
has the meaning assigned to it in Section 2.14. 
 “Affiliate” means, with respect to any specified
Person, any other Person directly or indirectly controlling, controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms
“controlling,” “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or
policies of such Person, whether through the ownership of voting securities, by agreement, or otherwise. No natural person who is an executive officer or director of such Person shall, solely by virtue of such position, be deemed to control such
Person. 
 “Agent Members” has the meaning assigned to it in Section 2.07(b). 

“Attributable Debt” means, in respect of a Sale and Leaseback Transaction, as at the time of determination, the present
value (discounted from the respective due dates thereof to such date at the rate per annum equal to the interest rate implicit in such lease) of the total obligations of the lessee for rental payments during the remaining term of the lease included
in such Sale and Leaseback Transaction (including any period for which such lease has been extended); provided, however, that if such Sale and Leaseback Transaction results in a Capital Lease Obligation, the amount of indebtedness
represented thereby will be determined in accordance with the definition of “Capital Lease Obligation” below. 

“Authenticating Agent” has the meaning assigned to it in Section 2.04(e). 

“Bankruptcy Law” means Title 11, U.S. Code or any similar Federal, state or non-U.S. law for the relief of debtors.

 “Bankruptcy Law Event of Default” means: 

(1) the entry by a court of competent jurisdiction of: (i) a decree or order for relief in respect of any Bankruptcy Party in an
involuntary case or proceeding under any Bankruptcy Law or (ii) a decree or order (A) adjudging any Bankruptcy Party a bankrupt or insolvent, (B) approving as properly filed a petition seeking reorganization, arrangement,

  
 1 

 
adjustment or composition of, or in respect of, any Bankruptcy Party under any Bankruptcy Law, (C) appointing a Custodian of any Bankruptcy Party or of all or substantially all of the
property of the Company on a consolidated basis, or (D) ordering the winding-up or liquidation of the affairs of any Bankruptcy Party , and in each case, the continuance of any such decree or order for relief or any such other decree or order
unstayed and in effect for a period of 60 consecutive calendar days; or 
 (2)(i) the commencement by any Bankruptcy Party
of a voluntary case or proceeding under any Bankruptcy Law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, (ii) the consent by any Bankruptcy Party to the entry of a decree or order for relief in respect of any
Bankruptcy Party in an involuntary case or proceeding under any Bankruptcy Law or to the commencement of any bankruptcy or insolvency case or proceeding under any Bankruptcy Law against any Bankruptcy Party , (iii) the filing by any Bankruptcy
Party of a petition or answer or consent seeking reorganization or relief under any Bankruptcy Law, (iv) the consent by any Bankruptcy Party to the filing of such petition or to the appointment of or taking possession by a Custodian of any
Bankruptcy Party or of any substantial part of the property of the Company on a consolidated basis, (v) the making by any Bankruptcy Party of an assignment for the benefit of creditors, or (vi) the approval by stockholders of any
Bankruptcy Party of any plan or proposal for the liquidation or dissolution of such Bankruptcy Party. 
 “Bankruptcy
Party” means the Company or any Significant Subsidiary of the Company. 
 “Board of Directors” means,
as to any Person, the board of directors, management committee or similar governing body of such Person or any duly authorized committee thereof. 
 “Board Resolution” means, with respect to any Person, a copy of a resolution certified by the Secretary or an Assistant Secretary of such Person to have been duly adopted by the Board of
Directors of such Person and to be in full force and effect on the date of such certification. 
 “Business
Day” means a day other than a Saturday, Sunday or other day on which commercial banking institutions are authorized or required by law or regulation to close in New York City. 

“Capital Lease Obligation” means an obligation that is required to be classified and accounted for as a capital lease
for financial reporting purposes in accordance with GAAP, and the amount of indebtedness represented by such obligation shall be the capitalized amount of such obligation determined in accordance with GAAP; and the stated maturity thereof shall be
the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be terminated by the lessee without payment of a penalty. 

“Capital Stock” means, as to any Person, any and all shares, units of beneficial interests, rights to purchase,
warrants, options, participations or other equivalents of or interests in (however designated) equity of such Person, including any preferred stock, but excluding any debt securities or other indebtedness convertible into such equity. 

“Certificated Securities” means Securities in physical certificated form issued, in registered form, pursuant to
Section 2.07(e) in exchange for interest in a Global Security or otherwise. 

  
 2 

 “Change of Control” means the occurrence of any of the following:

 (1) any “person,” as such term is used in Section 13(d)(3) of the Exchange Act, becoming the beneficial owner,
directly or indirectly, of more than 50% of the voting power of the Voting Stock of the Company; provided that a transaction in which the Company becomes a Subsidiary of another Person shall not constitute a Change of Control if, immediately
following such transaction, (a) the Persons who were stockholders of the Company immediately prior to such transactions continue to beneficially own, directly or indirectly through one or more intermediaries, 50% or more of the voting power of
the outstanding Voting Stock of such other Person of whom the Company has become a Subsidiary and (b) no Person other than such other Person of whom the Company has become a Subsidiary beneficially owns, directly or indirectly, more than 50% of
the voting power of the Voting Stock of the Company; 
 (2) the merger or consolidation of the Company with or into another
Person or the merger of another Person with or into the Company, or the sale, lease or other disposition of all or substantially all the assets of the Company (determined on a consolidated basis) to another Person, other than (i) (A) a
transaction following which in the case of a merger or consolidated transaction, holders of securities that represented 100% of the Voting Stock of the Company immediately prior to such transaction (or other securities into which such securities are
converted as part of such merger or consolidation transaction) own directly or indirectly at least a majority of the voting power of the Voting Stock of the surviving Person (or any parent thereof) in such merger or consolidation transaction
immediately after such transaction or (B) a transaction that would be permitted under the proviso to clause (1) of this definition of “Change of Control”; or (ii) in the case of a sale, lease or other disposition of assets
transaction, a transaction in which each transferee becomes an obligor in respect of the Securities of the relevant series and a Subsidiary of the transferor of such assets; or 

(3) the adoption of a plan relating to the liquidation or dissolution of the Company. 

“Change of Control Event” means the occurrence of either of the following: 

(1) if the Securities of a particular series do not have an Investment Grade Rating from both of the Rating Agencies on the first day of
the Trigger Period, such Securities of such series are downgraded by at least one rating category (e.g., from BB+ to BB or Ba1 to Ba2) from the applicable rating thereof on the first day of the Trigger Period by both of the Rating Agencies on any
date during the Trigger Period; or 
 (2) if the Securities of a particular series have an Investment Grade Rating from both of
the Rating Agencies on the first day of the Trigger Period, such Securities cease to have an Investment Grade Rating by both of the Rating Agencies on any date during the Trigger Period; 
 provided, however, that for so long as any of the Company’s Existing Senior Securities are outstanding, if the Company is required to offer to purchase any such Existing Senior
Securities as a result of the occurrence of a Change of Control (as defined in such Existing Senior Securities), then the occurrence of such Change of Control shall constitute a Change of Control Event. 

  
 3 

 For purposes of the foregoing, “Existing Senior Securities” means shall
mean (i) such series of such senior notes may be specified in the terms of such series of Securities or (i) if no such series are specified as described in clause (i), each series of senior notes issued by the Company (whether or not
guaranteed by any of its Subsidiaries) that is outstanding on the original issue date of the relevant series of Securities (excluding any issuance of Additional Securities of such series). 

If a Rating Agency is not providing a rating for the Securities of a particular series at the commencement of the Trigger Period, a
Change of Control Event shall be deemed to have occurred with respect to such Rating Agency as a result of the related Change of Control. Notwithstanding the foregoing, no Change of Control Event will be deemed to have occurred in connection with
any particular Change of Control unless and until such Change of Control has actually occurred. 
 “Change of Control
Notice” means notice of a Change of Control Offer made with respect to Securities of a specified series pursuant to Section 3.09, which shall be mailed first-class, postage prepaid, to each record Holder as shown on the Security
Register within 30 days following a Change of Control Event, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Offer and shall state: 
 (1) that a Change of Control Event has occurred and that pursuant to Section 3.09, such Holder has the right to require the Company to repurchase all or any part of such Holder’s Securities of
such series for the Change of Control Payment; 
 (2) the Change of Control Payment Date; 

(3) that any Securities or portions thereof not properly tendered will remain outstanding and continue to accrue interest; 

(4) that, unless the Company defaults in the payment of the Change of Control Payment with respect thereto, all Securities or portions
thereof accepted for payment pursuant to the Change of Control Offer shall cease to accrue interest from and after the Change of Control Payment Date; 
 (5) that any Holder electing to have any Securities or portions thereof purchased pursuant to a Change of Control Offer will be required to surrender such Securities (in accordance with the applicable
rules and procedures of the relevant security settlement and clearance organization, if any, if in global form), with the form entitled “Option of Holder to Elect Purchase” on the reverse of such Securities completed, to the Paying Agent
at the address specified in the Change of Control Notice prior to the close of business on the Business Day preceding the Change of Control Payment Date; 
 (6) that any Holder shall be entitled to withdraw its tendered Securities or portions thereof and such election to require the Company to purchase such Securities or portions thereof, provided that
the Paying Agent receives, not later than the close of business on the Business Day preceding the Change of Control Payment Date, a telegram, telex, facsimile transmission or letter, setting forth the name of the Holder, the principal amount of
Securities tendered for purchase, and a statement that such Holder is withdrawing such tendered Securities and such Holder’s election to have such Securities or portions thereof purchased pursuant to the Change of Control Offer; 

  
 4 

 (8) that any Holder electing to have Securities purchased pursuant to the Change of Control
Offer must specify the principal amount that is being tendered for purchase, which principal amount must be equal to at least the minimum denomination of such series of Securities as specified in the relevant terms of such series of Securities, and
in integral multiples of any specified minimum denominations in excess thereof; 
 (9) that any Holder of Securities whose
Securities are being purchased only in part will be issued new Securities equal in principal amount to the unpurchased portion of the Securities surrendered, which unpurchased portion must be equal in principal amount to at least the minimum
denomination of such series of Securities as specified in the relevant terms of such series of Securities, and in integral multiples of any specified minimum denominations in excess thereof; 

(10) that the Trustee will return to the Holder of a Global Security that is being purchased in part, such Global Security with a
notation on Schedule A thereof adjusting the principal amount thereof to be equal to the unpurchased portion of such Global Security; 
 (11) the procedures determined by the Company, consistent with the Indenture, that a Holder must follow in order to have its Securities or any portion thereof purchased; and 

(12) any other information necessary to enable any Holder to tender Securities and to have such Securities purchased pursuant to
Section 3.09. 
 “Change of Control Offer” has the meaning assigned to it in Section 3.09.

 “Change of Control Payment” has the meaning assigned to it in Section 3.09. 

“Change of Control Payment Date” means a Business Day no earlier than 30 calendar days nor later than 60 calendar days
subsequent to the date that a Change of Control Notice is mailed (other than as may be required by law). 

“Code” means the Internal Revenue Code of 1986, as amended. 

“Company” means the party named as such in the introductory paragraph to this Indenture and its successors and assigns,
including any Successor Company that becomes such in accordance with Article IV. 
 “Company Order” means a
written order of the Company signed by an Officer of the Company. 
 “Consolidated Assets” means the
Company’s total assets as they appear on the Company’s most recently prepared consolidated balance sheet as of the end of a fiscal quarter. 
 “Corporate Trust Office” means the principal office of the Trustee at which at any time its corporate trust business shall be principally administered, which office at the date hereof is

  
 5 

 
located at 2 North LaSalle Street, Suite 1020, Chicago, Illinois 60602, Attention: Corporate Trust, or such other address as the Trustee may designate from time to time by notice to the Company,
or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the Company). For purposes of Section 2.06 and 3.02, the Corporate Trust Office shall
be located at The Bank of New York Mellon, First Floor, 101 Barclay Street, New York, New York 10286, or such other address in New York City as the Trustee may designate from time to time by notice to the Company, or the principal corporate trust
office of any successor Trustee (or such other address in New York City as such successor Trustee may designate from time to time by notice to the Company) 
 “Covenant Defeasance” has the meaning assigned to it in Section 8.03. 
 “Credit Facilities” means one or more debt facilities (including, without limitation, the Senior Credit Facility), in each case with banks, investment banks, insurance companies, mutual
funds and/or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from (or sell receivables to)
such lenders against such receivables) or letters of credit, in each case, as amended, extended, restated, renewed, refunded, replaced or refinanced (in each case with credit facilities), supplemented or otherwise modified (in whole or in part and
without limitation as to amount, terms, conditions, covenants and other provisions) from time to time. 

“Custodian” means any receiver, trustee, assignee, liquidator, sequestrator or similar official under any Bankruptcy
Law. 
 “Default” means any event that is, or with the passage of time or the giving of notice or both would
be, an Event of Default. 
 “Defaulted Interest” has the meaning assigned to it in Section 2.05(d).

 “Depositary” means The Depository Trust Company, its nominees and their respective successors and assigns,
or such other depositary institution hereinafter appointed by the Company that is a clearing agency registered under the Exchange Act. 
 “Event of Default” has the meaning assigned to it in Section 6.01. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 “Existing Senior Securities” shall have the meaning set forth in the definition of “Change of Control Event.” 

“Funded Debt” means all indebtedness for borrowed money owed or guaranteed by the Company or any of its Subsidiaries and
any other indebtedness which, under GAAP, would appear as indebtedness on the most recent consolidated balance sheet of the Company, which matures by its terms more than 12 months from the date of such consolidated balance sheet or which matures by
its terms in less than 12 months but by its terms is renewable or extendible beyond 12 months from the date of such consolidated balance sheet at the option of the borrower. 

  
 6 

 “GAAP” means generally accepted accounting principles in the United States
set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by
such other entity as may be approved by a significant segment of the accounting profession, consistently applied. 

“Global Securities” and “Global Security” each has the meaning assigned to it in Section 2.07(a).

 “Guaranteed Obligations” has the meaning assigned to it in Section 11.02(a). 

“Holder” or other similar terms mean a Person in whose name a Security is registered in the Security Register.

 “Indenture” means this Indenture as amended or supplemented from time to time, and shall include the terms
of particular series of Securities established as contemplated hereunder. 
 “Interest Payment Date,” when used
with respect to any Security, means the Stated Maturity of an installment of interest on such Security. 
 “Investment
Grade Rating” means a rating by any Rating Agency equal to or greater than (i) BBB- by S&P or (ii) Baa3 by Moody’s, or (iii) the equivalent thereof under any new ratings system if the ratings system of either such
agency shall be modified after the date hereof, or (iv) the equivalent rating or any other Ratings Agency selected by the Company as provided by the definition of Ratings Agency. 

“Legal Defeasance” has the meaning assigned to it in Section 8.02. 

“Legal Holiday” has the meaning assigned to it in Section 14.06. 

“Lien” means any mortgage, pledge, lien, charge, security interest, conditional sale or other title retention agreement
or other encumbrance of any nature whatsoever. 
 “Maturity Date,” when used with respect to any Security,
means the stated due date on which the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or
otherwise. 
 “Moody’s” means Moody’s Investors Services, Inc. or any successor to the rating agency
business thereof. 
 “Notice of Default” has the meaning assigned to it in Section 7.05. 

“Officer” means, when used in connection with any action to be taken by the Company or a Security Guarantor, as the case
may be, the Chairman of the Board, the Chief Executive Officer, the President, the Chief Financial Officer, any Vice President, the Treasurer, the Controller or the Secretary of the Company or such Security Guarantor, as the case may be. 

  
 7 

 “Officer’s Certificate” means, when used in connection with any action
to be taken by the Company or a Security Guarantor, as the case may be, a certificate signed by an Officer of the Company or such Security Guarantor, respectively, and delivered to the Trustee. 

“Opinion of Counsel” means a written opinion of counsel, who, unless otherwise indicated in this Indenture, may be an
employee of or counsel for the Company, or any of its Subsidiaries or any Security Guarantor, and who shall be reasonably acceptable to the Trustee. 
 “Ordinary Course Lien” means any: 
 (1) Lien incurred in the
ordinary course of business to secure the obtaining of advances or the payment of the deferred purchase price of property; 

(2) Lien created by any interest or title of a lessor under any lease entered into by the Company or any Subsidiary in the ordinary
course of business and covering only the assets so leased; 
 (3) Lien that is a contractual right of set-off (a) relating
to the establishment of depository relations with banks not given in connection with the issuance of indebtedness, (b) relating to pooled deposits or sweep accounts to permit satisfaction of overdraft or similar obligations incurred in the
ordinary course of business or (c) relating to purchase orders and other agreements entered in the ordinary course of business; 
 (4) oil, gas or mineral leases arising in the ordinary course of business where the Lien arises from the rights of lessors; 
 (5) customary initial deposits and margin deposits and any similar Lien attaching to commodity trading accounts or other brokerage accounts that are not for speculative purposes and arise in the ordinary
course of business, including Swap Agreements, but only to the extent the Liens encumber cash, cash equivalents, securities, certificates of deposits or similar investments or accounts only containing such items; 

(6) Lien arising from the sale or other transfer in the ordinary course of business of (A) crude oil, natural gas, other petroleum
hydrocarbons or other minerals in place for a period of time until, or in an amount such that, the purchaser or other transferee will realize therefrom a specified amount of money (however determined) or a specified amount of such minerals, or
(B) any other interest in property of the character commonly referred to as a “production payment,” “overriding royalty,” “forward sale” or similar interest; 

(7) Lien in favor of the United States of America, any State, any foreign country or any department, agency, instrumentality or political
subdivision of any such jurisdiction, to secure partial, progress, advance or other payments pursuant to any contract or statute or to secure any indebtedness incurred for the purpose of financing all or any part of the purchase price or cost of
constructing, refurbishing, developing or improving any property subject thereto, including without limitation, any Lien to secure indebtedness of pollution control or industrial revenue bond type; and 

  
 8 

 (8) Lien arising from any right which any municipal or governmental body or agency may have
by virtue of any franchise, license, contract or statute to purchase, or designate a purchaser of or order the sale of, any property of the Company or any Subsidiary upon payment of reasonable compensation therefor or to terminate any franchise.

 “Outstanding” means, when used with reference to Securities of a series, subject to the provisions of
Article XII, means, as of the date of determination, all Securities of such series previously authenticated and delivered under this Indenture, except: 
 (1) Securities theretofor canceled by the Trustee or delivered to the Trustee for cancellation; 
 (2) Securities, or portions thereof, for the payment, redemption or, in the case of a Change of Control Offer, purchase of which money in the necessary amount has been theretofore deposited with the
Trustee or any Paying Agent (other than the Company, a Security Guarantor or an Affiliate of the Company) in trust or set aside and segregated in trust by the Company, any Security Guarantor, an Affiliate of the Company or a third party (if the
Company, such Security Guarantor, such Affiliate or such third party is acting as the Paying Agent) for the Holders of such Securities; provided that, if the Securities (or portions thereof) are to be redeemed or purchased, notice of such
redemption or purchase has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; 
 (3) Securities which have been surrendered pursuant to Section 2.09 or in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to this Indenture, other
than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser in whose hands such Securities are valid obligations of the Company;
and 
 (4) solely to the extent provided in Article VIII, Securities which are subject to Legal Defeasance or Covenant
Defeasance as provided in Article VIII; 
 provided, however, that in determining whether the Holders of the requisite aggregate
principal amount of Outstanding Securities of any series have given any request, demand, authorization, direction, notice, consent or waiver hereunder, Securities of such series owned by the Company, a Security Guarantor or any other obligor upon
the Securities of such series or any Affiliate of the Company or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request,
demand, authorization, direction, notice, consent or waiver, only Securities of such series which a Trust Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities of such series 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 the Securities of such series and that the pledgee is not the Company or any other obligor
upon the Securities of such series or any Affiliate of the Company or of such other obligor. 

  
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 “Paying Agent” means any Person authorized by the Company to pay the
principal of (and premium, if any) and interest, if any, on any Securities on behalf of the Company. The Company may act as Paying Agent with respect to any Securities issued hereunder. The term “Paying Agent” includes any additional
paying agent that the Company may authorize. 
 “Payment Office,” when used with respect to the Securities of
or within any series, means the place or places where the principal of (and premium, if any) and interest on such Securities are payable as specified as contemplated by Sections 2.03 and 3.01. 

“Permitted Lien” means any Lien incurred, assumed or guaranteed that do not arise from indebtedness for borrowed money
and, without limiting the foregoing, also do not apply to Liens on Principal Property: 
 (1) with respect to any series of
Securities, any Lien (A) existing as of the issue date of such series of Securities (excluding any subsequent issuance of Additional Securities of such series) or (B) relating to a contract or arrangement that was entered into by the
Company or any of its Subsidiaries prior to the issue date of such series of Securities (excluding any subsequent issuance of Additional Securities of such series); 
 (2) upon any Principal Property (including any related contract rights) existing at the time of acquisition thereof by the Company or any of its Subsidiaries (whether such acquisition is direct or by
acquisition of stock, assets or otherwise, provided any such Lien is not incurred in contemplation of such acquisition); 
 (3)
securing indebtedness under Credit Facilities of any Subsidiary of the Company that is not a Security Guarantor; provided that the aggregate principal amount of any indebtedness under such Credit Facilities shall not exceed $250.0 million at
any time outstanding; 
 (4) upon or with respect to any property (including any related contract rights) acquired, constructed,
refurbished or improved by the Company or any of its Subsidiaries (including, but not limited to, any Lien to secure all or any part of the cost of construction, alteration or repair of any building, equipment, facility or other improvement on, all
or any part of such property, including any pipeline financing) after the issue date of such series of Securities (excluding any subsequent issuance of Additional Securities of such series) which are created, incurred or assumed contemporaneously
with, or within 360 days after, the latest to occur of the acquisition (whether by acquisition of stock, assets or otherwise), completion of construction, refurbishment or improvement, or the commencement of commercial operation, of such property
(or, in the case of Liens on contract rights, the completion of construction or the commencement of commercial operation of the facility to which such contract rights relate, regardless of the date when the contract was entered into) to secure or
provide for the payment of any part of the purchase price of such property or the cost of such construction, refurbishment or improvement; provided, however, that in the case of any such construction, refurbishment or improvement, the
Lien shall relate only to indebtedness reasonably incurred to finance such construction, refurbishment or improvement; 
 (5)
securing indebtedness owing by any of the Company’s Subsidiaries to the Company or to other Subsidiaries; 

  
 10 

 (6) arising from the deposit of funds or securities in trust for the purpose of decreasing
or defeasing indebtedness; 
 (7) for the sole purpose of extending, renewing or replacing (or successive extensions, renewals
or replacements), in whole or in part, any Lien referred to in the foregoing subsections (1), (2), (4), (6) or this subsection (7) of this definition of “Permitted Liens”, or of any indebtedness secured thereby; provided,
however, that the principal amount of indebtedness secured thereby shall not exceed the principal amount of indebtedness at the time of such extension, renewal or replacement, and that such extension, renewal or replacement shall be limited
to all or part of the property subject to the Lien so extended, renewed or replaced (plus refurbishment of or improvements on or to such property); and 
 (8) any Ordinary Course Lien arising, but only so long as continuing, in the ordinary course of the Company’s business or the business of the Company’s Subsidiaries. 

In each case set forth above, notwithstanding any stated limitation on the assets that may be subject to such Lien, a Lien on a specified asset or group
or type of assets may include Liens on all improvements, additions and accessions thereto and all products and proceeds thereof (including, without limitation, dividends, distributions and increases in respect thereof). 

“Permitted Sale and Leaseback Transaction” means: 

(1) any Sale and Leaseback Transaction if, within 180 days from the effective date of such Sale and Leaseback Transaction, the Company
applies or any of its Subsidiaries applies an amount not less than the greater of: 
 (A) the net proceeds of the
sale of the property leased pursuant to such arrangement; or 
 (B) the fair value of the property 

to retire its Funded Debt, including, for this purpose, any currently maturing portion of such Funded Debt, or to purchase other property having a fair
value at least equal to the fair value of the property leased in such Sale and Leaseback Transaction; or 
 (2) any Sale and
Leaseback Transaction: 
 (A) between the Company and any of its Subsidiaries or between any of the
Company’s Subsidiaries; or 
 (B) for which, at the time the transaction is entered into, the term of the
related lease to the Company or its Subsidiary of the property sold pursuant to such transaction is three years or less. 

“Person” means an individual, corporation, partnership, association, limited partnership corporation, company, limited
liability company, joint stock company, unincorporated organization, trust, business trust, joint venture, or other entity or organization, including a governmental or political subdivision or any agency or instrumentality thereof. 

  
 11 

 “Principal Amount” means, when used with respect to any Security, the
amount of principal of such Security that could be declared due and payable pursuant to Section 6.02. 
 “Principal
Property” has the meaning assigned to it in Section 3.07. 
 “Principal Transmission Facility”
means any transportation or distribution facility, including pipelines, of the Company or any Subsidiary of the Company located in the United States of America other than (i) any such facility which in the opinion of the Board of Directors of
the Company is not of material importance to the business conducted by the Company and its Subsidiaries, taken as a whole, or (ii) any such facility in which interests are held by the Company or by one or more of its Subsidiaries or by the
Company and one or more of its Subsidiaries and by others and the aggregate interest held by the Company and all of its Subsidiaries does not exceed 50%. 
 “Productive Property” means any property interest owned by the Company or a Subsidiary of the Company in land (including submerged land and rights in and to oil, gas and mineral leases)
located in the United States of America classified by the Company or such Subsidiary, as the case may be, as productive of crude oil, natural gas or other petroleum hydrocarbons in paying quantities; provided that such term shall not include
any exploration or production facilities on said land, including any drilling or producing platform. 
 “Ratings
Agency” means any of: 
 (1) Moody’s; 
 (2) S&P; or 
 (3) if S&P or Moody’s ceases to rate the Securities of
a particular series or ceases to make a rating on the Securities of a particular series publicly available, an entity registered as a “nationally recognized statistical rating organization” (registered as such pursuant to Rule 17g-1 of the
Exchange Act) then making a rating on such Securities publicly available selected by the Company (as certified by an Officers’ Certificate delivered to the Trustee), which shall be substituted for S&P or Moody’s, as the case may be.

 “Redemption Price” means, when used with respect to any Security to be redeemed, the price (including
premium, if any) at which it is to be redeemed pursuant to this Indenture and such Securities. 
 “Registrar”
has the meaning assigned to it in Section 2.06(a). 
 “Regular Record Date” for the interest payable on
any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 2.03. 
 “Sale and Leaseback Transaction” means any direct or indirect arrangement with any Person (other than the Company or a Subsidiary of the Company), or to which any such Person is a party,
providing for the leasing to the Company or a Subsidiary of the Company of any property, whether owned as of the date of this Indenture or thereafter acquired, which has been 

  
 12 

 
or is to be sold or transferred by the Company or such Subsidiary to such Person, or to any other Person (other than the Company or a Subsidiary of the Company) to whom funds have been or are to
be advanced by such Person on the security of such property, in each case provided that the completion of construction or the commencement of commercial operation of the property subject to such transaction shall have occurred more than 180 days
prior thereto. 
 “SEC” means the Securities and Exchange Commission or, if at any time after the execution of
this instrument the SEC is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time. 
 “Secured Debt” means any indebtedness for borrowed money incurred, assumed or guaranteed by the Company or one its Subsidiaries that is secured by a Lien. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Security” or “Securities” means any of the Company’s Security or Securities, as the case may be,
issued and authenticated pursuant to this Indenture. 
 “Security Custodian” means the custodian with respect
to any Global Security appointed by the Depositary, or any successor Person thereto, and shall initially be the Trustee with respect to each series of Securities unless otherwise specified in the terms thereof. 

“Security Guarantee” means, at any time, the guarantee of the Company’s obligations under this Indenture and the
Securities by each Securities Guarantor pursuant to Article XI. 
 “Security Guarantor” means, at any time,
each Person guaranteeing Securities under this Indenture pursuant to Article XI. 
 “Security Register(s)” has
the meaning assigned to it in Section 2.06. 
 “Senior Credit Facility” means the Third Amended and
Restated Credit Agreement dated February 14, 2011 among Southwestern Energy Company, JPMorgan Chase Bank, N.A., Bank of America, N.A., Wells Fargo Bank N.A., The Royal Bank of Scotland PLC, Citigroup, N.A., and the other lenders named
therein, JPMorgan Chase Bank, N.A., as administrative agent, as such agreement has been or may be amended, restated or replaced from time to time. 
 “Significant Subsidiary” means any Subsidiary of the Company that would be a “significant subsidiary” of the Company as defined in Article 1, Rule 1-02 of Regulation S-X
promulgated pursuant to the Securities Act, as such regulation is in effect on the date of this Indenture. 

“S&P” means Standard & Poor’s Rating Services, a division of the McGraw-Hill Companies, Inc., or any
successor to the ratings agency business thereof. 
 “Special Record Date” has the meaning assigned to it in
Section 2.13(a). 
 “Stated Maturity” means, when used with respect to any Security or any installment of
principal thereof or interest thereon, the date specified in such Security or a coupon representing such installment of interest as the fixed date on which the principal of such Security or such installment of principal or interest is due and
payable. 

  
 13 

 “Subsidiary” means, with respect to any Person, any corporation, limited
liability company, association, partnership or other legal entity of which, in the case of a corporation, more than 50% of the issued and outstanding capital stock having ordinary voting power to elect a majority of the board of directors of such
corporation (irrespective of whether at the time capital stock or any other class or classes of such corporation has or might have voting power upon the occurrence of any contingency) or, in the case of any partnership or other legal entity, more
than 50% of the ordinary equity capital interests, is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries.

 “Successor Company” has the meaning assigned to it in Section 4.01(a). 

“Swap Agreement” means (a) any agreement with respect to any swap, forward, future or derivative transaction or
option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or
value or any similar transaction or any combination of these transactions, whether or not any such transaction is governed by or subject to any master agreement and (b) any and all transactions of any kind, and the related confirmations, which
are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement,
including any such obligations or liabilities under any master agreement; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, Officers, employees or consultants
of the Company or any of its Subsidiaries shall be a “Swap Agreement.” 
 “Trigger Period” means the
period commencing on the day of the first public announcement by the Company of any Change of Control (or pending Change of Control) and ending 60 days following consummation of such Change of Control (which Trigger Period will be extended following
consummation of a Change of Control for so long as either of the Rating Agencies has publicly announced that it is considering a possible ratings downgrade related to such Change of Control). 

“Trust Indenture Act” means the Trust Indenture Act of 1939, as amended, as in force at the date as of which this
Indenture was originally executed, and “TIA,” when used in respect of an indenture supplemental hereto, means such Act as in force at the time such indenture supplemental hereto becomes effective. 

“Trust Officer” means, when used with respect to the Trustee, any officer assigned to Corporate Trust department (or any
successor division or unit) of the Trustee located at the Corporate Trust Office of the Trustee, who shall have direct responsibility for the administration of this Indenture, and for the purposes of Section 7.01(c)(2) and the second sentence
of Section 7.05 shall also include any other officer of the Trustee to whom any corporate trust matter is referred because of such officer’s knowledge of and familiarity with the particular subject. 

  
 14 

 “Trustee” means the party named as such in the introductory paragraph of
this Indenture until a successor replaces it in accordance with the applicable provisions of this Indenture and, thereafter, “Trustee” shall mean or include each Person who is then a Trustee hereunder; provided, however, that
if at any time there is more than one such Person, “Trustee” as used with respect to the Securities of any series shall mean only the Trustee with respect to Securities of that series. 

“U.S. Government Obligations” means direct obligations (or certificates representing an ownership interest in such
obligations) of the United States of America (including any agency or instrumentality thereof) for the payment of which the full faith and credit of the United States of America is pledged and which are not callable or redeemable at the
issuer’s option. 
 “U.S. Legal Tender” means such coin or currency of the United States of America as at
the time of payment shall be legal tender for the payment of public and private debts. 
 “Voting Stock” of a
Person means all classes of Capital Stock of such Person then outstanding and normally entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof. 

SECTION 1.02. Incorporation by Reference of Trust Indenture Act. If any provision of this Indenture limits, qualifies or
conflicts with the rights or duties that would be imposed by any of Sections 310 to 317 of the Trust Indenture Act through operation of Section 318(c) thereof on any Person if this Indenture were qualified under the Trust Indenture
Act, such imposed duties shall control. 
 The following Trust Indenture Act term used in this Indenture has the following
meaning: 
 “obligor” on the Securities means the Company, each Security Guarantor and any successor obligor upon the
Securities. 
 All other Trust Indenture Act terms used in this Indenture, other than any other term that is defined in
Section 1.01, that are defined by the Trust Indenture Act, defined in the Trust Indenture Act by reference to another statute, or defined by rules or regulations of the SEC have the meanings assigned to them by such definitions. 

SECTION 1.03. Rules of Construction. Unless the context otherwise requires: 

(a) a term has the meaning assigned to it; 
 (b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 
 (c) “or” is not exclusive; 
 (d) “including” means including
without limitation; 

  
 15 

 (e) words in the singular include the plural and words in the plural include the singular;

 (f) references to payment of principal of the Securities shall include applicable premium, if any; 

(g) 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; and 
 (h) references herein to Article and Section
numbers are references to Articles and Sections, respectively, of this Indenture, unless the context otherwise requires. 

ARTICLE II 
 THE
SECURITIES 
 SECTION 2.01. Forms Generally. (a) The Securities of each series shall be in substantially the
forms as shall be established by or pursuant to a Board Resolution or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this
Indenture, and may have such letters, numbers or other marks of identification and such notations, legends or endorsements placed thereon as may be required by law, stock exchange rule or Depositary rule or usage or as may, consistently herewith, be
determined by the Officer or Officers executing such Securities, as evidenced by their execution of the Securities. If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate
record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 2.04 for the authentication and delivery of
such Securities. 
 (b) The Trustee’s certificate of authentication on all Securities shall be in substantially the form
set forth in Section 2.02. 
 (c) The definitive Securities shall be printed, lithographed or engraved on steel-engraved
borders or may be produced in any other manner, all as determined by the Officer or Officers executing such Securities, as evidenced by their execution of such Securities. 

  
 16 

 SECTION 2.02. Form of Trustee’s Certificate of Authentication. The
Trustee’s certificate of authentication shall be substantially in the following form: 
 “This is one of the
Securities of the series designated therein referred to in the within-mentioned Indenture. 
  

			
	 THE BANK OF NEW YORK MELLON
 TRUST COMPANY, N.A.,
 as Trustee

		
	By:	 	  

	Name:	 	
	Title:	 	
		 	Authorized Signatory”

 SECTION 2.03. Amount Unlimited; Issuable in Series. (a) The aggregate principal
amount of Securities that may be authenticated and delivered under this Indenture is unlimited. 
 (b) The Securities may be
issued from time to time in one or more series. Prior to the issuance of Securities of any series, there shall be established in or pursuant to (i) a Board Resolution; (ii) action taken pursuant to a Board Resolution and (subject to
Sections 2.04 and 2.05) set forth, or determined in the manner provided, in an Officer’s Certificate; or (iii) one or more indentures supplemental hereto: 

(1) the title of the Securities of such series (which shall distinguish the Securities of such series from all other
Securities issued pursuant to the Indenture); 
 (2) the purchase price, denomination and any limit upon the
aggregate principal amount of the Securities of such series that may be authenticated and delivered under this Indenture (except for any Securities of such series authenticated and delivered upon registration of transfer of, in lieu of, or in
exchange for, other Securities of such series pursuant to Sections 2.04, 2.06, 2.07, 2.09, 2.11, 3.09, 5.02 or 10.05); 
 (3) the date or dates on which the principal of and premium, if any, on the Securities of such series is payable or the method of determination thereof; 

(4) the rate or rates at which the Securities of such series shall bear interest, if any, or the method of
calculating such rate or rates of interest; 
 (5) the date or dates from which such interest shall accrue or the
method by which such date or dates shall be determined, the Interest Payment Dates on which any such interest shall be payable and the Regular Record Date, if any, for the interest payable on any Interest Payment Date; 

(6) if the Securities of such series will have the benefit of any Security Guarantees, the terms and conditions of
any such guarantee or guarantees and the identities of any Security Guarantor or Guarantors; 

  
 17 

 (7) the place or places where the principal of (and premium, if any) and
interest, if any, on Securities of the series shall be payable; 
 (8) the place or places where the
Securities may be exchanged or transferred; 
 (9) the period or periods within which, the price or prices
at which, the currency or currencies (including currency unit or units) in which, and the other terms and conditions upon which Securities of such series may be redeemed, in whole or in part, at the option of the Company, if the Company is to have
that option, and, if other than as provided in Section 5.02, the manner in which the particular Securities of such series (if less than all Securities of such series are to be redeemed) are to be selected for redemption; 

(10) the obligation, if any, of the Company to redeem or purchase Securities of such series in whole or in part
pursuant to any sinking fund or analogous provisions or upon the happening of a specified event or at the option of a Holder thereof, and the period or periods within which, the price or prices at which, and the other terms and conditions upon which
Securities of such series shall be redeemed or purchased, in whole or in part, pursuant to such obligation; 

(11) if other than denominations of $1,000 and any integral multiple thereof, the denominations in which Securities
of such series shall be issuable; 
 (12) if the payments of principal of (and premium, if any) and interest, if
any, on the Securities of such series are to be made, at the election of the Company or a Holder, in a currency or currencies (including currency unit or units) other than that in which such Securities are denominated or designated to be payable,
the currency or currencies (including currency unit or units) in which such payments are to be made, the terms and conditions of such payments and the manner in which the exchange rate with respect to such payments shall be determined, and the
particular provisions applicable thereto; 
 (13) if the amount of payments of principal of (and premium, if
any) and interest, if any, on the Securities of such series shall be determined with reference to an index, formula or other method (which index, formula or method may be based, without limitation, on a currency or currencies (including currency
unit or units) other than that in which the Securities of such series are denominated or designated to be payable), the index, formula or other method by which such amounts shall be determined; 

(14) if, other than the principal amount thereof, the portion of the principal amount of Securities of such series
which shall be payable upon declaration of acceleration of the Maturity Date thereof pursuant to Section 6.02 or the method by which such portion shall be determined; 

(15) any modifications of or additions to the Events of Default or the covenants of the Company or any Security
Guarantor set forth in this Indenture with respect to Securities of such series; 

  
 18 

 (16) under what circumstances, if any, the Company will pay additional
amounts on the Securities of such series held by a Person who is not a U.S. Person in respect of taxes or similar charges withheld or deducted and, if so, whether the Company will have the option to redeem such Securities rather than pay such
additional amounts (and the terms of any such option); 
 (17) if either or both of Section 8.02 and
Section 8.03 shall be inapplicable to the Securities of such series (provided, that if no such inapplicability shall be specified, then both Section 8.02 and Section 8.03 shall be applicable to the Securities of such series);

 (18) if other than the Trustee, the identity of the Registrar and any Paying Agent; 

(19) if the Securities of such series shall be issued in whole or in part in global form, (i) the Depositary for
such Global Securities; (ii) the form of any legend in addition to or in lieu of that in Section 2.08 which shall be borne by such Global Securities; (iii) whether beneficial owners of interests in any Securities of the series in
global form may exchange such interests for Certificated Securities of such series and of like tenor of any authorized form and denomination; and (iv) if other than as provided in Section 2.07, the circumstances under which any such
exchange may occur; and 
 (20) any other terms of the series (which terms shall not be inconsistent with
the provisions of this Indenture, except as permitted by Section 10.01, but which may modify or delete any provision of this Indenture insofar as it applies to such series), including any terms which may be required by or advisable under the
laws of the United States of America or regulations thereunder or advisable (as determined by the Company) in connection with the marketing of Securities of the series. 
 (c) All Securities of any one series shall be substantially identical except as to denomination and except as may otherwise be provided (i) by a Board Resolution; (ii) by action taken pursuant
to a Board Resolution and (subject to Sections 2.04 and 2.05) set forth, or determined in the manner provided, in an Officer’s Certificate; or (iii) in any such indenture supplemental hereto. All Securities of any one series need not
be issued at the same time and, unless otherwise provided, a series may be reopened, without the consent of the Holders, for issuances of Additional Securities of such series, which shall be issued pursuant to Section 2.14 below. 

(d) If any of the terms of the Securities of any series are established by action taken pursuant to a Board Resolution, a copy of an
appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate setting forth, or providing the manner for
determining, the terms of the Securities of such series, and an appropriate record of any action taken pursuant thereto in connection with the issuance of any Securities of such series shall be delivered to the Trustee prior to the authentication
and delivery thereof. 

  
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 SECTION 2.04. Execution and Authentication. (a) Upon the execution and
delivery of this Indenture, or from time to time thereafter, any one or more Officers of the Company (one of whom in each case shall be the Chairman of the Board, any Vice Chairman of the Board, the President, the Chief Executive Officer, the Chief
Financial Officer or any Vice President of the Company) may execute Securities on behalf of the Company and such Securities shall be delivered to the Trustee for authentication. 

(b) The Securities shall be signed for the Company by one or more Officers of the Company (one of whom in each case shall be the Chairman
of the Board, any Vice Chairman of the Board, the President, the Chief Executive Officer, the Chief Financial Officer or any Vice President of the Company), by manual or facsimile signature, with or without a corporate seal affixed thereon. If an
Officer whose signature is on a Security no longer holds that office at the time the Trustee authenticates the Security, the Security shall be valid nevertheless, and any Security may be signed on behalf of the Company by such Persons as at the
actual date of execution of such Security shall be the proper Officers of the Company, as the case may be, even though at the date of the execution and delivery of this Indenture any such Person was not such Officer. 

(c) Upon execution and delivery to the Trustee of Securities of a series together with all documents and certificates required by this
Indenture, the Trustee shall thereupon authenticate and make available for delivery said Securities upon receipt of a Company Order, without any further action by the Company. Such Company Order shall specify the amount of the Securities to be
authenticated and the date on which such issue of Securities is to be authenticated. 
 (d) A Security shall not be valid until
an authorized signatory of the Trustee manually authenticates the Security substantially in the form hereinabove recited. The signed certificate of authentication of the Trustee on a Security shall be conclusive evidence, and the only evidence, that
such Security has been duly and validly authenticated and issued under this Indenture. 
 (e) The Trustee may appoint an agent
(the “Authenticating Agent”) reasonably acceptable to the Company to authenticate the Securities. Unless limited by the terms of such appointment, any such Authenticating Agent may authenticate Securities whenever the Trustee may do
so. Each reference in this Indenture to authentication by the Trustee includes authentication by the Authenticating Agent. 

(f) In case a Successor Company has executed an indenture supplemental hereto with the Trustee pursuant to Article IV, any of the
Securities authenticated or delivered prior to such transaction may, from time to time, at the request of the Successor Company, be exchanged for other Securities executed in the name of the Successor Company with such changes in phraseology and
form as may be appropriate, but otherwise identical to the Securities surrendered for such exchange and of like principal amount; and the Trustee, upon Company Order of the Successor Company, shall authenticate and deliver Securities as specified in
such order for the purpose of such exchange. If Securities shall at any time be authenticated and delivered in any new name of a Successor Company pursuant to this Section 2.04(f) in exchange or substitution for or upon registration of transfer
of any Securities, such Successor Company, at the option of the Holders but without expense to them, shall provide for the exchange of all Securities at the time Outstanding for Securities authenticated and delivered in such new name. 

  
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 SECTION 2.05. Denomination and Date of Securities; Payments of Interest.
(a) The Securities shall be issuable in such denominations as shall be specified as contemplated by Section 2.03. In the absence of any such provisions with respect to the Securities, the Securities shall be issuable in denominations of
$1,000 and any integral multiple thereof. The Securities shall be numbered, lettered, or otherwise distinguished in such manner or in accordance with such plans as the Officer(s) of the Company executing the same may determine with the approval of
the Trustee. 
 (b) Any of the Securities may be issued with appropriate insertions, omissions, substitutions and variations,
and may have imprinted or otherwise reproduced thereon such legend or legends, 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, including those
required by Section 2.04, or with the rules of any securities market in which the Securities are admitted to trading, or to conform to general usage. 
 (c) Each Security shall be dated the date of its authentication, shall bear interest from the applicable date and shall be payable on the Interest Payment Dates specified on the face of the form of such
Security. Except as otherwise specified as contemplated by Section 2.03 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months. 

(d) The person in whose name any Security is registered at the close of business on any Regular Record Date with respect to any Interest
Payment Date shall be entitled to receive the interest, if any, payable on such Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to the Regular Record Date and prior to such Interest Payment Date, except if
and to the extent the Company shall default in the payment of the interest due on such Interest Payment Date, in which case such defaulted interest (“Defaulted Interest”), plus (to the extent lawful) any interest payable on the
Defaulted Interest, shall be paid to the persons in whose names Outstanding Securities 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 such payment)
established by notice given by mail by or on behalf of the Company to the Holders of Securities not less than 15 days preceding such subsequent record date. 
 SECTION 2.06. Registration, Transfer and Exchange. (a) The Securities are issuable only in registered form. The Company shall maintain an office or agency in the Borough of Manhattan,
City of New York (the “Registrar”) and, for each series of Securities, a register or registers (the “Security Register(s)”) where, subject to such reasonable regulations as the Registrar may prescribe, Securities
may be presented for payment and for the service of notices and demands to or upon the Company in respect of the Securities and the Indenture. The Registrar shall keep the Security Register(s) and will register the ownership of, and will register
the transfer of, Securities as provided in this Article. Such Security Register or Security Registers shall be in written form in the English language or in any other form capable 

  
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of being converted into such form within a reasonable time. At all reasonable times such Security Register or Security Registers shall be open for inspection by the Trustee. The initial Registrar
shall be the Trustee at its Corporate Trust Office. The Company may appoint one or more co-Registrars and one or more Paying Agents. The term “Registrar” includes any co-Registrar and the term “Paying Agent” includes any
additional Paying Agents. 
 (b) The Company shall enter into an appropriate agency agreement with any Registrar, Paying Agent
or co-Registrar not a party to this Indenture, which shall incorporate the terms of the Trust Indenture Act. Any such agreement shall implement the provisions of this Indenture that relate to such agent. The Company shall notify the Trustee of the
name and address of each such agent. If the Company fails to maintain a Registrar or Paying Agent, the Trustee shall act as such and shall be entitled to appropriate compensation therefor pursuant to Section 7.07. The Company or any of its
Subsidiaries may act as Paying Agent, Registrar, co-Registrar or transfer agent. 
 (c) Upon due presentation for registration
of transfer of any Security of any series at each such office or agency, the Company shall execute and the Trustee shall authenticate and make available for delivery in the name of the designated transferee or transferees a new Security or
Securities of the same series, in each case, of any authorized denominations and of a like aggregate Principal Amount; provided that any Securities presented or surrendered for registration of transfer shall be duly endorsed or accompanied by
a written instrument of transfer in form satisfactory to the Registrar or co-Registrar, duly executed by the Holder thereof or his attorney duly authorized in writing. 
 (d) At the option of the Holder, Securities of any series (except a Global Security) may be exchanged for other Securities of the same series, of any authorized denominations and of a like aggregate
principal amount and Stated Maturity, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and make
available for delivery, the Securities which the Holder making the exchange is entitled to receive. 
 (e) A Holder may transfer
a Security only by written application to the Registrar stating the name of the proposed transferee and otherwise complying with the terms of this Indenture. No such transfer shall be effected until, and such transferee shall succeed to the rights
of a Holder only upon, final acceptance and registration of the transfer by the Registrar in the Security Register. Prior to the registration of any transfer by a Holder as provided herein, the Company, the Trustee, the Paying Agent, the Registrar
or any co-Registrar and any of their respective agents shall treat the person in whose name the Security is registered as the owner thereof for the purpose of receiving payment of principal of and interest on such Security and for all other purposes
whatsoever, whether or not the Security shall be overdue, and none of the Company, the Trustee, the Paying Agent, the Registrar or any co-Registrar or any of their respective agents shall be affected by notice to the contrary. Furthermore, any
Holder of a Global Security shall, by acceptance of such Global Security, agree that transfers of beneficial interests in such Global Security may be effected only through a book-entry system maintained by the Holder of such Global Security (or its
agent) and that ownership of a beneficial interest in the Security shall be required to be reflected in a book entry. When Securities are presented to the Registrar or a co-Registrar with a request to register the transfer or to exchange them for an

  
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equal Principal Amount of Securities of other authorized denominations, the Registrar shall register the transfer or make the exchange as requested if the requirements for such transactions set
forth herein are met. To permit registrations of transfers and exchanges and subject to the other terms and conditions of this Article II, the Company will execute and the Trustee will authenticate Global Securities and Certificated Securities at
the Registrar’s or co-Registrar’s request. 
 (f) No service charge shall be made to a Holder for any registration of
transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax, assessments or similar governmental charges payable in connection therewith (other than any such transfer taxes, assessments or similar governmental
charges payable upon exchange or transfer pursuant to Sections 2.10, 3.09, 5.03 or 10.05). No service charge to any Holder shall be made for any such transaction. 
 (g) Neither the Registrar nor the Company shall be required to exchange or register a transfer of: 
 (i) any Securities of any series for a period beginning 15 days next preceding the first mailing of notice of redemption of Securities of such series to be redeemed and ending at the close of
business of the day of such mailing; 
 (ii) any Securities of any series selected, called or being called
for redemption except, in the case of any Security of such series where public notice has been given that such Security is to be redeemed in part, the portion thereof not so to be redeemed; 

(iii) any Securities of any series for which a Change of Control Offer has been made and which Securities have been
tendered to the Company pursuant to such Offer and not withdrawn; or 
 (iv) any Securities of any series for a
period beginning 15 days before an Interest Payment Date and ending on such Interest Payment Date. 
 (h) All Securities issued
upon any transfer or exchange of Securities shall be valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange. 

(i) The Registrar shall retain copies of all letters, notices and other written communications received pursuant to this Article II. The
Company shall have the right to inspect and make copies of all such letters, notices or other written communications at any reasonable time upon the giving of reasonable written notice to the Registrar. 

(j) None of the Trustee, the Paying Agent or the Registrar shall have any obligation or duty to monitor, determine or inquire as to
compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between or among Depositary participants, members or beneficial
owners in any Global Security) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms of this Indenture, and to examine the same
to determine substantial compliance as to form with the express requirements hereof. 

  
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 SECTION 2.07. Book-Entry Provisions for Global Securities. (a) If
Securities of or within a series are issuable in whole or in part in global form (such Securities in global form, “Global Securities”, and each such Security in global form, a “Global Security”), then each Global
Security of such series initially shall: 
 (i) be registered in the name of the Depositary or the nominee of the
Depositary; 
 (ii) be delivered to the Security Custodian; 

(iii) bear the appropriate legend as set forth in Section 2.08. 

Any Global Security may be represented by more than one certificate. The aggregate principal amount of the Global Securities may from time to time be
increased or decreased by adjustments made on the records of the Security Custodian and the Depositary or its nominee as provided in this Indenture. 
 (b) Except as provided below, members of, or participants in, the Depositary (“Agent Members”) shall have no rights under this Indenture with respect to any Global Security held on their
behalf by the Depositary, or the Security Custodian, or under any Global Security, and the Depositary may be treated by the Company, the Trustee, the Security Custodian, the Paying Agent, the Registrar and any of their respective agents as the
absolute owner of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee, the Security Custodian, the Paying Agent, the Registrar or any of their respective agents from
giving effect to any written certification, proxy or other authorization furnished by Depositary or impair, as between Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of an owner of a
beneficial interest in any Global Security. The registered Holder of a Global Security may grant proxies and otherwise authorize any Person, including Agent Members and Persons that may hold interests through Agent members, to take any action that a
Holder is entitled to take under this Indenture or the Securities. 
 (c) None of the Trustee, the Paying Agent or the Registrar
shall have any responsibility or obligation to any beneficial owner in a Global Security, an Agent Member or other Person with respect to the accuracy of the records of the Depositary or its nominee or of any Agent Member, with respect to any
ownership interest in the Securities or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the Depositary) of any notice (including any notice of redemption) or the payment of any amount, under or with
respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities and this Indenture shall be given or made only to or upon the order of the registered holders (which
shall be the Depositary or its nominee in the case of the Global Security). Except to the extent otherwise set forth in this Section 2.7, the rights of beneficial owners in the Global Security shall be exercised only through the

  
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Depositary subject to its applicable procedures. Except to the extent otherwise set forth in this Section 2.7, the Trustee, the Paying Agent and the Registrar shall be entitled to rely and
shall be fully protected in relying upon information furnished by the Depositary with respect to its members, participants and any beneficial owners. The Trustee, the Paying Agent and the Security Registrar shall be entitled to deal with the
Depositary, and any nominee thereof, that is the registered holder of any Global Security for all purposes of this Indenture relating to such Global Security (including the payment of principal, premium, if any, and interest and additional amounts,
if any, and the giving of instructions or directions by or to the owner or holder of a beneficial ownership interest in such Global Security) as the sole holder of such Global Security and shall have no obligations to the beneficial owners thereof.
None of the Trustee, the Paying Agent or the Registrar shall have any responsibility or liability for any acts or omissions of the Depositary with respect to such Global Security, for the records of any such Depositary, including records in respect
of beneficial ownership interests in respect of any such Global Security, for any transactions between the Depositary and any Agent Member or between or among the Depositary, any such Agent Member and/or any holder or owner of a beneficial interest
in such Global Security, or for any transfers of beneficial interests in any such Global Security. 
 (d) Except as provided
below, owners of beneficial interests in Global Securities will not be entitled to receive Certificated Securities. 
 (i) The Company may at any time and in its sole discretion determine that the Securities of a series issued in the form of one or more Global Securities shall no longer be represented by such Global
Securities. 
 (ii) Certificated Securities shall be issued to all owners of beneficial interests in a Global
Security in exchange for such interests if: 
  

	 	(A)	The Depositary (1) notifies the Company that it is unwilling or unable to continue as depositary for such Global Security, or (2) ceases to be qualified to
serve as Depositary and, in either case, a successor depositary is not appointed by the Company within 90 days of such notice; 

  

	 	(B)	The Company, at its option, executes and delivers to the Trustee and Registrar a Company Order that such Global Security shall be so exchangeable; or

  

	 	(C)	An Event of Default has occurred and is continuing and the Registrar has received a request from Depositary or any other Holder of a Global Security.

 (e) In connection with any transfer of a portion of the beneficial interests in a Global Security to beneficial
owners pursuant to paragraph (c) of this Section 2.07, the Registrar shall reflect on its books and records the date and a decrease in the principal amount of such Global Security in an amount equal to the principal amount of the
beneficial interest in such Global Security to be transferred, and the Company shall execute, and the Trustee shall authenticate and 

  
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make available for delivery, one or more Certificated Securities of like tenor and amount. In connection with the exchange of an entire Global Security for Certificated Securities pursuant to
paragraph (c) of this Section 2.07, such Global Security shall be deemed to be surrendered to the Trustee for cancellation, and the Company shall execute, and upon receipt of a Company Order the Trustee shall authenticate and deliver, to
each beneficial owner identified by the Depositary in exchange for its beneficial interest in such Global Security, an equal aggregate principal amount of Certificated Securities of such series of like tenor and terms and in authorized
denominations. 
 (f) Transfers of a Global Security shall be limited to transfers of such Global Security in whole, but not in
part, to the Depositary for such series, its successors or their respective nominees. If at any time the Depositary for the Securities of such series notifies the Company that it is unwilling or unable to continue as Depositary or if at any time the
Depositary shall no longer be qualified to serve as Depositary, the Company shall appoint a successor Depositary with respect to the Securities of such series. If a successor Depositary for the Securities of such series is not appointed by the
Company within 90 days after the Company receives such notice or becomes aware of such ineligibility, Certificated Securities shall be issued to all owners of beneficial interests in a Global Security in exchange for such interests as provided
in subsection (c) above. 
 (g) Interests of beneficial owners in a Global Security may be transferred in accordance with
the rules and procedures of the Depositary. Any beneficial interest in a Global Security that is transferred to a person who takes delivery in the form of an interest in another Global Security will, upon transfer, cease to be an interest in the
first such Global Security and become an interest in the second such Global Security and, accordingly, will thereafter be subject to all transfer restrictions, if any, and other procedures applicable to beneficial interests in such other Global
Security for as long as it remains such an interest. 
 (h) In the event that Certificated Securities are not issued to each
Holder of a beneficial interest in a Global Security promptly after the Registrar has received a request from the Holder of a Global Security to issue such Certificated Securities in accordance with Section 2.07(c)(ii)(C), the Company expressly
acknowledges, with respect to the right of any Holder to pursue a remedy pursuant to Section 6.06 or Section 6.07 hereof, the right of any beneficial Holder of Notes to pursue such remedy with respect to the portion of the Global Security
that represents such beneficial Holder’s Securities as if such Certificated Securities had been issued. 

SECTION 2.08. Global Security Legend. Any Global Security shall bear a legend in substantially the following form on the face
thereof, or in such other form as may be necessary or appropriate to reflect the arrangements with or to comply with the requirements of any Depositary: 
 “THIS IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE REFERRED TO HEREINAFTER, AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY, WHICH MAY BE TREATED BY THE
COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS SECURITY FOR ALL PURPOSES. 

  
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 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF
THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF THE DEPOSITORY TRUST COMPANY OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED
TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF.” 

SECTION 2.09. Mutilated, Destroyed, Lost or Stolen Securities. (a) If a mutilated Security is surrendered to the
Registrar or if the Holder of a Security claims that the Security has been lost, destroyed or wrongfully taken, the Company shall execute, and upon Company Order the Trustee shall authenticate and make available for delivery, in exchange for any
such mutilated Security or in lieu of any such destroyed, lost or stolen Security, a replacement Security of like tenor and principal amount, bearing a number not contemporaneously Outstanding, if: (i) the requirements of Section 8-405 of
the Uniform Commercial Code of the State of New York are met, (ii) the Holder satisfies any other reasonable requirements of the Trustee and the Company, and (iii) neither the Company nor the Trustee has received notice that such Security
has been acquired by a protected purchaser. If required by the Trustee or the Company, such Holder shall furnish an affidavit of loss and indemnity bond sufficient in the judgment of the Company and the Trustee to protect the Company, any Security
Guarantor, the Trustee, the Paying Agent, the Registrar, any co-Registrar and the Security Custodian from any loss that any of them may suffer if a Security is replaced. 
 (b) Upon the issuance of any new Security under this Section 2.09, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in
relation thereto and any other expenses of the Company (including the fees and expenses of the Trustee and counsel) in connection therewith. 
 (c) Every new Security issued pursuant to this Section 2.09 in exchange for any mutilated Security, or in lieu of any destroyed, lost or stolen Security, shall constitute an original additional
contractual obligation of the Company, any Security Guarantor and any other obligor upon the Securities, whether or not the mutilated, destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all
benefits of this Indenture equally and proportionately with any and all other Securities duly issued hereunder. 

  
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 (d) In case any Security which has matured or is about to mature, or has been called for
redemption in full, shall become mutilated or defaced or be apparently destroyed, lost or stolen, the Company may, instead of issuing a substitute Security of the same series, pay or authorize the payment of the same (without surrender thereof
except in the case of a mutilated or defaced Security), if the applicant for such payment shall furnish to the Company and to the Trustee and any agent of the Company or the Trustee such security or indemnity as any of them may require to save each
of them harmless from all risks, however remote, and, in every case of apparent destruction, loss or theft, the applicant shall also furnish to the Company and the Trustee and any agent of the Company or the Trustee evidence to their satisfaction of
the apparent destruction, loss or theft of such Security and of the ownership thereof. 
 (e) The provisions of this
Section 2.09 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 

SECTION 2.10. Temporary Securities. Pending the preparation and delivery of Certificated Securities of any series, the
Company may execute and upon Company Order the Trustee shall authenticate and make available for delivery temporary Certificated Securities of such series. Temporary Securities shall be substantially in the form of definitive Securities but may have
variations that the Company considers appropriate for temporary Securities, including such reference to any provisions of this Indenture as may be appropriate. Without unreasonable delay, the Company shall prepare and execute and upon Company Order
the Trustee shall authenticate definitive Securities; provided, that such execution and authentication shall be upon the same conditions and in substantially the same manner, and with like effect, as for the definitive Securities of such
series. After the preparation of definitive Securities, the temporary Securities shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities at any office or agency maintained by the Company for that
purpose and such exchange shall be without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities, the Company shall execute and, upon Company Order and delivery to the Trustee of any other documents and
certificates required by this Indenture, the Trustee shall authenticate and make available for delivery in exchange therefor one or more definitive Securities of such series representing an equal principal amount of Securities of such series. Until
so exchanged, the Holder of temporary Securities shall in all respects be entitled to the same benefits under this Indenture as a Holder of definitive Securities. 
 SECTION 2.11. Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, if surrendered to the Company or any agent of the Company or
the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture.
The Trustee shall dispose of cancelled Securities in its customary manner and policy of disposal and in accordance with prudent business practices. If the Company shall acquire any of the Securities, such acquisition shall not operate as a
redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation. 

  
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 SECTION 2.12. CUSIP and ISIN Numbers. The Company in issuing the Securities of
any series may use a “CUSIP” and, if desired or required, an “ISIN” number (if then generally in use), and, if desired, other similar identifying number or numbers. The Trustee shall use the CUSIP numbers or ISIN numbers, as the
case may be, in notices of redemption, exchange or similar transactions as a convenience to Holders of such series; provided, that any such notice shall state that no representation is made as to the correctness of such numbers either as
printed on the Securities or as contained in any notice of redemption or exchange and that reliance may be placed only on the other identification numbers printed on the Securities and any such redemption shall not be affected by any defect in or
omission of such numbers. The Company shall promptly notify the Trustee of any change in the CUSIP numbers, ISIN numbers or such other identifying numbers as may be in use at such time. 

SECTION 2.13. Defaulted Interest. Unless otherwise specified in the terms of any series of Securities, when any installment
of interest with respect to any series of Securities becomes Defaulted Interest, such installment shall forthwith cease to be payable to the Holders in whose names the Securities of such series were registered on the Regular Record Date applicable
to such installment of interest, and such Defaulted Interest (including any interest on such Defaulted Interest) shall be paid by the Company, at its election, as provided in Section 2.13(a) or (b) below. 

(a) The Company may elect to make payment of any Defaulted Interest (including any interest payable on such Defaulted Interest) to the
Holders in whose names the Securities of the relevant series are registered at the close of business on a special record date for the payment of such Defaulted Interest (a “Special Record Date”), which shall be fixed in the
following manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee or the Paying Agent an
amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to
be held in trust for the benefit of the Holders entitled to such Defaulted Interest as provided in this Section 2.13(a). Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest, which shall be not more
than 15 calendar days and not less than ten calendar days prior to the date of the proposed payment and not less than ten calendar days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the
Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be sent, first-class mail, postage prepaid, to each
Holder at such Holder’s address as it appears in the Securities Register, not less than ten calendar days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having
been mailed as aforesaid, such Defaulted Interest shall be paid to the Holders in whose names the Securities are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to Section 2.13(b); or

  
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 (b) Alternatively, the Company may make payment of any Defaulted Interest (including any
interest on such Defaulted Interest) in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of such series may be listed, and upon such notice as may be required by such exchange, if,
after notice given by the Company to the Trustee of the proposed payment pursuant to this Section 2.13(b), such manner of payment shall be deemed practicable by the Trustee. The Trustee shall in the name and at the expense of the Company cause
prompt notice of the proposed payment and the date thereof to be sent, first-class mail, postage prepaid, to each Holder at such Holder’s address as it appears in the Security Register. 

SECTION 2.14. Additional Securities. (a) The Company may, from time to time, subject to compliance with any other
applicable provisions of this Indenture and the relevant Securities, without the consent of the Holders, create and issue pursuant to this Indenture additional Securities of any series of Securities (“Additional Securities”) that
shall have terms and conditions identical to those of the other Outstanding Securities, except with respect to: 

(i) the issue date; 
 (ii) the amount of interest payable on the first Interest Payment Date after issuance of the Additional Securities; 
 (iii) the issue price; 
 (iv) any adjustments necessary in order to
conform to and ensure compliance with the Securities Act (or other applicable securities laws), the Code and any registration rights or similar agreement applicable to such Additional Securities, which are not adverse in any material respect to the
Holder of any Outstanding Securities (other than such Additional Securities); and 
 (v) certain other terms that
may be specified in any prospectus supplement relating to such issuance. 
 The Securities of a series previously issued and any Additional
Securities in respect of such series of Securities shall be treated as a single class for all purposes under this Indenture. 

(b) With respect to Additional Securities of any series of Securities, the Company will set forth in an Officer’s Certificate
pursuant to a resolution of the Board of Directors of the Company, copies of which will be delivered to the Trustee, the following information: 
 (i) the series and aggregate principal amount of such Additional Securities to be authenticated and delivered pursuant to this Indenture; and 

(ii) the issue date and the issue price of such Additional Securities; provided that no Additional Securities may
not be issued at a price that would cause such Additional Securities to have “original issue discount” within the meaning of Section 1273 of the Code, as amended, unless such Additional Securities have a separate CUSIP number from
other Securities. 

  
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 ARTICLE III 
 COVENANTS 
 SECTION 3.01. Payment of Principal, Premium, if any, and,
Interest. The Company covenants and agrees for the benefit of the Holders of each series of Securities that it will duly and punctually pay or cause to be paid the principal of, premium, if any, and interest on the Securities of that series in
accordance with the terms of the Securities of such series, any coupons appertaining thereto and this Indenture. An installment of principal, premium, if any, or interest shall be considered paid on the date it is due if the Trustee or Paying Agent
holds on that date money designated for and sufficient to pay the installment. Notwithstanding anything to the contrary contained in this Indenture, the Company may, to the extent it is required to do so by law, deduct or withhold income or other
similar taxes imposed by the United States of America from principal, premium or interest payments hereunder. 

SECTION 3.02. Maintenance of Office or Agency. (a) The Company shall maintain a Payment Office where Securities may be
presented or surrendered for payment, where Securities may be surrendered for registration of transfer or exchange, and where notices and demands to or upon the Company in respect of the Securities and this Indenture may be served. The Company will
give prompt written notice to the Trustee of the location, and any change in the location, of any such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with
the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders,
notices and demands. 
 (b) The Company may also from time to time designate one or more other offices or agencies (in or
outside the City of New York) where the Securities of one or more series may be presented or surrendered for any or all such purposes and may from time to time rescind any such designation; provided, however, that no such
designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency in accordance with the requirements set forth above for Securities of any series for such purposes. The Company shall give prompt
written notice to the Trustee of any such designation or rescission and any change in the location of any such other office or agency. 
 (c) Unless otherwise specified pursuant to the terms of the Securities of any series, the Trustee shall initially serve as Paying Agent with respect to each series of Securities. 

SECTION 3.03. Money for Securities Payments to Be Held in Trust; Unclaimed Money. (a) If the Company or an Affiliate of
the Company shall at any time act as the Company’s own Paying Agent with respect to any series of Securities, the Company or such Affiliate, as the case may be, will, on or before each due date of the principal of, premium, if any, or interest
on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal, premium, if any, or interest so becoming due until such sums shall be paid to such Persons or
otherwise 

  
 31 

 
disposed of as herein provided and will promptly notify the Trustee in writing of its action or failure so to act. Upon any proceeding under any Bankruptcy Law with respect to the Company or any
Affiliate of the Company that is acting as Paying Agent with respect to any series of Securities, the Trustee shall replace the Company or such Affiliate as Paying Agent with respect to such series of Securities. 

(b) When the Company shall have one or more Paying Agents for any series of Securities, the Company will cause each such Paying Agent for
any series of Securities (other than the Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will: 

(i) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent; 

(ii) hold all sums held by it for the payment of the principal of, premium, if any, or interest on Securities of such
series in trust for the benefit of the Persons entitled thereto until such sums shall be paid to such Persons or otherwise disposed of as herein provided; 
 (iii) give the Trustee notice of any Default by the Company or any Security Guarantor (or any other obligor upon the Securities of such series) in the making of any payment of principal, premium, if any,
or interest on the Securities of such series; and 
 (iv) at any time during the continuance of any such Default,
upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying Agent for payment in respect of the Securities of such series. 
 (c) The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the
Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to
the Trustee, such Paying Agent (if other than the Company or a Security Guarantor) shall be released from all further liability with respect to such money. 
 (d) Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of any principal, premium or interest on any Security of any series and remaining
unclaimed for two years after such principal premium, if any, or interest has become due and payable shall be paid to the Company on Company Order, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security
and coupon, if any, shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee
thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be published once, in a newspaper published in the
English language, customarily published on each Business Day and of general circulation in the Borough 

  
 32 

 
of Manhattan, The City of New York, or at the discretion of the Company cause to be mailed to such Holder, notice that such money remains unclaimed and that, after a date specified therein, which
shall not be less than 30 calendar days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company. 
 SECTION 3.04. Existence. Subject to Article IV, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence. 

SECTION 3.05. Reports by the Company. The Company covenants and agrees that it shall file with the Trustee, within 30 days
after it files such annual and quarterly reports, information, documents and other reports with the SEC, copies of its annual report and of the information, documents and other reports (or copies of such portions of any of the foregoing the SEC may
by rules and regulations prescribe) which the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act; provided, that any such annual and quarterly reports, information, documents and other reports
and information filed with the SEC may be provided by the Company to the Trustee electronically. The Company shall comply with the other provisions of Section 314(a) of the Trust Indenture Act. Delivery of such information, documents and
reports to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute actual or constructive knowledge or notice of any information contained therein or determinable from information contained therein,
including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 
 SECTION 3.06. Annual Compliance Certificate; Notice of Defaults or Events of Default. The Company covenants and agrees to deliver to the Trustee, within 120 days after the end of each fiscal
year of the Company, an Officers’ Certificate that complies with Section 314(a)(4) of the Trust Indenture Act stating that in the course of the performance by the signers of their duties as Officers of the Company, they would normally have
knowledge of any Default or Event of Default under this Indenture and whether or not the signers know of any Default or Event of Default under this Indenture that occurred during such period. If they do, the certificate shall describe such Default
or Event of Default, its status and what action the Company is taking or proposes to take with respect thereto. The Company also shall comply with any other applicable requirements of Section 314(a)(4) of the Trust Indenture Act. 

SECTION 3.07. Limitation on Liens. The Company covenants and agrees that it shall not, and shall not permit any of its
Subsidiaries to, incur, assume, or guarantee any indebtedness for borrowed money secured by a Lien on (a) any Productive Property, (b) any Principal Transmission Facility or (c) any shares of stock of any Subsidiary (collectively (a),
(b) and (c), “Principal Property”), if the sum, without duplication, of 
  

	 	(i)	the aggregate principal amount of all Secured Debt of the Company and its Subsidiaries (other than Secured Debt secured by a Permitted Lien); and

  
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	 	(ii)	all Attributable Debt of the Company or its Subsidiaries in respect of Sale and Leaseback Transactions involving any Principal Property (other than Permitted Sale and
Leaseback Transactions), 

 exceeds 15% of the Company’s Consolidated Assets, unless the Company provides that the Securities
and the Security Guarantees will be secured equally and ratably with (or, at the Company’s option, prior to) such Secured Debt. 
 SECTION 3.08. Limitation on Sale and Leaseback Transactions. The Company covenants and agrees that neither it nor any of its Subsidiaries shall enter into, assume, guarantee or otherwise
become liable with respect to any Sale and Leaseback Transaction involving any Principal Property, unless, after giving effect thereto the sum, without duplication of: 
  

	 	(a)	the aggregate principal amount of all Secured Debt (other than Secured Debt secured by a Permitted Lien); and 

 

	 	(b)	all Attributable Debt in respect of such Sale and Leaseback Transactions (other than Permitted Sale and Leaseback Transactions), 

does not exceed 15% of the Company’s Consolidated Assets. This Section 3.08 shall not apply to any Permitted Sale and Leaseback Transaction.

 SECTION 3.09. Offer to Repurchase Upon Change of Control Event. 

(a) Unless specified to the contrary in the terms of a series of Securities, if a Change of Control Event occurs, each Holder shall have
the right to require the Company to repurchase all or any part (in an amount equal to at least the minimum denomination of such series of Securities as specified in the terms thereof or an integral multiple as specified in excess thereof) of such
Holder’s Securities at a purchase price, in cash, equal to 101% of the aggregate principal amount of such Holder’s Securities, plus accrued and unpaid interest, if any, and premium or liquidated damages, if any, up to but excluding the
date of purchase (the “Change of Control Payment”), subject to the right of Holders on any relevant Regular Record Date to receive interest on the related relevant Interest Payment Date as described in Section 3.09(c) below.
Within 30 days following a Change of Control Event, if the Company has not (prior to the Change of Control Event) sent a redemption notice for all the Securities in connection with an optional redemption permitted by Article V of this Indenture, the
Company shall mail a Change of Control Notice (the “Change of Control Offer”) to each Holder, with a copy to the Trustee. On the Change of Control Payment Date, the Company shall, to the extent lawful: 

(i) accept for payment all Securities or portions of Securities (of at least the minimum denomination of such series of
Securities as specified in the terms thereof or an integral multiple as specified in excess thereof) properly tendered pursuant to the Change of Control Offer; 

  
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 (ii) deposit with the Paying Agent an amount equal to the Change of Control
Payment in respect of all Securities or portions of Securities properly tendered and not properly withdrawn; and 

(iii) deliver or cause to be delivered to the Trustee the Securities so accepted together with an Officers’
Certificate stating the aggregate principal amount of Securities or portions thereof being purchased by the Company. 
 (b) The
Paying Agent shall promptly mail to each Holder of Securities properly tendered and not withdrawn the Change of Control Payment for such Securities, and the Trustee shall promptly authenticate and mail (or cause to be transferred by book entry) to
each Holder a new Security equal in principal amount to any unpurchased portion of the Securities surrendered, if any; provided that each such new Security shall be in a principal amount of at least the minimum denomination of such series of
Securities as specified in the terms thereof or an integral multiple as specified in excess thereof. Any Security so accepted for payment shall cease to accrue interest on and after the Change of Control Payment Date unless the Company defaults in
making the Change of Control Payment. 
 (c) If the Change of Control Payment Date is on or after a Record Date for the payment
of interest and on or before the related Interest Payment Date, any accrued and unpaid interest shall be paid to the Person in whose name the relevant Security is registered at the close of business on such Record Date, and no further interest shall
be payable to Holders who tender pursuant to the Change of Control Offer. 
 (d) Unless specified to the contrary in the terms
of a series of Securities, the provisions described above shall be applicable to any Change of Control Event, except as described in this Section 3.09 or in the terms of the series of such Securities, whether or not any other provisions of this
Indenture are applicable. 
 (e) Notwithstanding the foregoing, the Company shall not be required to make a Change of Control
Offer with respect to any series of Securities upon a Change of Control Event if a third party makes the Change of Control Offer with respect to such series of Securities in the manner, at the times and otherwise in compliance with the requirements
set forth in this Indenture applicable to a Change of Control Offer made by the Company and purchases all Securities to which such offer applies that are validly tendered and not properly withdrawn under such Change of Control Offer. 

(f) The Company shall comply, to the extent applicable, with the requirements of Rule 14e-1 under the Exchange Act and any other
securities laws or regulations in connection with any required repurchase of Securities as a result of a Change of Control Event. To the extent that the provisions of any securities laws or regulations conflict with provisions of this Indenture, or
compliance with the Change of Control Event provisions of this Indenture would constitute a violation of any such laws or regulations, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have
breached its obligations described in this Indenture by virtue of its compliance with such securities laws or regulations. 

  
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 SECTION 3.10. Waiver of Certain Covenants. The Company may omit in any
particular instance to comply with any term, provision, or condition set forth in the provisions of any supplemental indenture specified in such supplemental indenture, with respect to the Securities of any series if the Holders of a majority in
principal amount of all Outstanding Securities of such series shall, by act of such Holders in accordance with Section 12.01, either waive such compliance in such instance or generally waive compliance with such term, provision, or condition,
but no such waiver will extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any
such term, provision, or condition will remain in full force and effect. 
 SECTION 3.11. Further Instruments and
Acts. The Company and each Security Guarantor shall execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper or as the Trustee may reasonably request to carry out more effectively the purpose
of this Indenture. 
 ARTICLE IV 
 CONSOLIDATION, MERGER OR SALE OF ASSETS 
 SECTION 4.01. When the Company
May Merge, Etc. The Company shall not consolidate with or merge into any other Person or sell, convey or transfer all or substantially all of its assets (determined on a consolidated basis) to any Person, unless: 

(a) either (i) in the case of a consolidation or merger, the Company shall be the continuing or surviving Person or (ii) the
Person formed by such consolidation or into which the Company is merged or the Person which acquires by conveyance or transfer the assets of the Company substantially as an entirety (the “Successor Company”) shall be a Person
organized and existing under the laws of the United States of America or any State or the District of Columbia, and shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, the due and punctual payment of
the principal of and interest, if any, on all the Securities and the performance or observance of every covenant of this Indenture of the part of the Company to be performed or observed; 

(b) immediately after giving effect to such transaction, no Event of Default, and no Default, shall have happened and be continuing; and

 (c) the Company or the Successor Company has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel
each stating that such consolidation, merger, sale, conveyance or transfer 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. 

  
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 SECTION 4.02. Successor Company Substituted. Upon any such consolidation,
merger, sale, conveyance or transfer in accordance with Section 4.01 hereof, the Successor Company shall succeed to, and be substituted for (so that from and after the date of such consolidation, merger, sale, conveyance, transfer or other
disposition, the provisions of this Indenture referring to the “Company” shall instead refer to the Successor Company and not to Southwestern Energy Company), and may exercise every right and power of the Company under this Indenture with
the same effect as if such successor Person had been named as the Company herein, and the predecessor Person shall be released from all obligations and covenants under this Indenture and the Securities. 

In case of any such consolidation, merger, sale, lease, conveyance or transfer, such changes in phraseology and form (but not in
substance) may be made in the Securities thereafter to be issued as may be appropriate. 
 SECTION 4.03. Opinion of
Counsel to Trustee. The Trustee, subject to the provisions of Sections 7.01 and 7.02, may receive an Opinion of Counsel as conclusive evidence that any such consolidation, merger, conveyance, sale, transfer, lease, exchange or other
disposition complies with the applicable provisions of this Indenture. 
 ARTICLE V 

REDEMPTION OF SECURITIES 
 SECTION 5.01. Applicability of Article. Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise
specified as contemplated by Section 2.03 for Securities of any series) in accordance with this Article. 

SECTION 5.02. Notice of Redemption; Partial Redemptions. (a) The Company shall give or cause the Trustee (in the name
and at the expense of the Company) to give notice of redemption to the Holders of Securities of any series to be redeemed as a whole or in part by mailing notice of such redemption by first-class mail, postage prepaid, not less than 30 days nor
more than 60 days prior to the date fixed for redemption, to each Holders of the Securities to be redeemed at their last addresses as they shall appear in the Security Register; provided, however, that redemption notices may be
given more than 60 days prior to the date fixed for redemption if the notice is issued in connection with a defeasance of a series of Securities pursuant to Article VIII of this Indenture or a satisfaction and discharge of this Indenture. If the
Trustee does not give the redemption notice, the Company shall deliver a copy of the notice to the Trustee. 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 designated for redemption as a whole or in part, shall not affect the validity of the proceedings for the redemption of any other
Security. 

  
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 All notices of redemption shall state: 

(i) the series of Securities to be redeemed (including CUSIP, ISIN or other identifying numbers, although no
representation need be made as to the accuracy or correctness of such CUSIP, ISIN or other identifying numbers); 

(ii) the date fixed for redemption; 

(iii) the Redemption Price (or the method by which it will be determined) and the amount of any accrued interest or
premium payable upon redemption; 
 (iv) whether the Company is redeeming all the Outstanding Securities of such
series; 
 (v) if the Company is not redeeming all Outstanding Securities of such series, the aggregate principal
amount of Securities that the Company is redeeming, the aggregate principal amount of Securities that will be Outstanding after the partial redemption and the identification of the particular Securities, or portions of the particular Securities,
that the Company is redeeming; 
 (vi) if the Company is redeeming only part of a Security, the notice that
relates to that Security shall state that on and after the redemption date, upon surrender of the Security, the Holder will receive without charge a new Security or Securities of authorized denominations for the principal amount of the Security
remaining unredeemed; 
 (vii) the place or places where a Holder must surrender its Securities for payment of
the Redemption Price; 
 (viii) that payment will be made upon presentation and surrender of such Securities;

 (ix) that interest accrued to the date fixed for redemption will be paid as specified in said notice; and

 (x) that on and after said date interest thereon or on the portions thereof to be redeemed will cease to
accrue. 
 (b) If the Company is not redeeming all Outstanding Securities of a series, the Trustee shall select the Securities
to be redeemed pro rata, by lot or by such other method as the Trustee shall deem fair and appropriate (provided that, in the case of Global Securities, the Depositary shall select Global Securities for redemption pursuant to its applicable
procedures). The Trustee shall promptly notify the Company in writing of the Securities selected for redemption and, in the case of any Securities selected for partial redemption, the principal amount of the Securities to be redeemed. 

(c) For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities
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. 

  
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 (d) On or prior to 10:00 a.m. New York City time on the redemption date specified in
the notice of redemption given as provided in this Section, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as Paying Agent, set aside, segregate and hold in trust as provided in Section 3.03) an
amount of money in immediately available funds sufficient to pay the Redemption Price of, and accrued interest, if any, on, all the Securities of a series that the Company is redeeming on that date. Trustee or Paying Agent shall promptly return to
the Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption price of and accrued interest, if any, on all Securities to be redeemed. 

SECTION 5.03. Payment of Securities Called for Redemption. (a) If the Company, or the Trustee on behalf of the Company,
gives notice of redemption in accordance with this Article V, the Securities, or the portions of the Securities, called for redemption in such notice shall, on the date fixed for redemption, become due and payable at the Redemption Price specified
in the notice (together with accrued interest, if any, to the date fixed for redemption), and from and after such date (unless the Company shall default in the payment of such Securities at the Redemption Price and accrued interest) the Securities
or the portions of Securities so called for redemption shall cease to bear interest. Upon surrender of such Securities for redemption in accordance with the redemption notice, said Securities or the specified portions thereof shall be paid and
redeemed by the Company at the applicable Redemption Price, together with accrued interest to the date fixed for redemption; provided that any payment of interest becoming due on the date fixed for redemption shall be payable to the holders
of such Securities registered as such on the relevant Regular Record Date subject to the terms and provisions of Section 2.05 hereof. 
 (b) 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 borne by the Security. 
 (c) Upon surrender of any Security that is to be redeemed in part, the Company shall
execute, and the Trustee shall authenticate and make available for delivery to or on the order of the Holder of such Security at the expense of the Company, a new Security or Securities of any authorized denominations as requested by the Holder, in
an aggregate principal amount equal to, and in exchange for, the unredeemed portion of the principal of the Security so surrendered; provided that each new Security shall be in a principal amount equal to the minimum denomination of such
series of Securities or any or any minimum specified integral multiple in excess thereof. 

  
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 ARTICLE VI 
 DEFAULTS AND REMEDIES 
 SECTION 6.01. Events of Default. (a) An
“Event of Default” occurs with respect to the Securities of any series if: 
 (i) the
Company defaults for 30 days or more in the payment of any interest on any Security of that series or any coupon appertaining thereto or any additional amount payable with respect to any Security of that series as specified pursuant to
Section 2.03(b)(17) when due; 
 (ii) the Company defaults in the payment of the principal, or premium
if any, on any Security of that series at its Maturity Date when and as due, or in the making of a mandatory sinking fund payment when and as due by the terms of the Securities of that series; 

(iii) the Company defaults for 90 days or more after written notice to the Company by the Trustee or by the Holders of at
least 25% of the Principal Amount of Securities of such series then Outstanding (which notice shall specify the non-compliance and state that it is a “Notice of Default” under the Indenture), in any material respect in the performance of
any other agreement in the Indenture with respect to any Security of that series (other than an agreement, covenant or provision for which non-compliance is elsewhere in this Section 6.01 specifically dealt with); 

(iv) principal of or interest on any indebtedness for borrowed money of the Company or any Significant Subsidiary
(including indebtedness under this Indenture) is not paid within any applicable grace period after such payment is due, or the principal thereof is accelerated by the holders thereof because of a default, and the total principal amount of such
indebtedness, whether it exists as of the date of this Indenture or shall hereafter be created, in either case exceeds $100,000,000, and such acceleration is not rescinded or annulled within 30 days or such indebtedness is not paid in full within 30
days; provided that such Event of Default will be cured or waived, without further action upon the part of either the Trustee or any Holder, if (A) the default that resulted in the acceleration of such other indebtedness is cured or
waived; and (B) the acceleration is rescinded or annulled 
 (v) a Bankruptcy Law Event of Default;

 (vi) in the case where a Security Guarantor guarantees such Securities, except as otherwise provided for in
this Indenture, any Security Guarantee ceases to be in full force and effect, or any Security Guarantor denies or disaffirms its obligation under its Security Guarantee; or 

(vii) any other Event of Default provided with respect to Securities of that series. 

The foregoing will constitute Events of Default whatever the reason for any such Event of Default and whether it is voluntary or involuntary or is
effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body. 
 (b) Notwithstanding the foregoing, the sole remedy of Holders of the Securities for an Event of Default resulting from 

  
 40 

	 	(i)	any breach of the Company’s or any Security Guarantor’s obligation to file or furnish any documents or reports required to be filed or furnished, as the case
may be, with the SEC pursuant to Section 13 or 15(d) of the Exchange Act; or 

  

	 	(ii)	any failure to comply with the requirements of Section 314(a)(1) of the Trust Indenture Act or of Section 3.05 of this Indenture; 

shall, for the first 365 days after the giving of notice of the occurrence of such an Event of Default, consist exclusively of liquidated damages
(“liquidated damages”), and Holders shall not have any right under the Indenture to accelerate the maturity of the Securities of any series as a result of any such breach except as described in this paragraph (b). If an Event of
Default relating to any such obligation continues for 90 days after notice thereof is given in accordance with the Indenture, the Company shall pay liquidated damages to the Holders of the Outstanding Securities of such series at an annual rate
equal to: 
  

	 	(i)	 0.25% per annum of the Principal Amount of the Outstanding Securities of such series from the 90th day following such notice to but not including the 180th day following such notice (or such shorter period until such Event
of Default has been cured or waived); and 

  

	 	(ii)	 0.50% per annum of the Principal Amount of the Outstanding Securities of such series from the 180th day following such notice to but not including the 365th day following such notice (or such shorter period until such Event
of Default has been cured or waived). 

 On such 365th day (or earlier, if such Event of Default is cured or waived prior
to such 365th day), such liquidated damages shall cease to
accrue, and such Securities shall be subject to acceleration as provided above if the Event of Default is continuing. This paragraph (b) will not affect the rights of Holders in the event of the occurrence of any other Event of Default.

 If liquidated damages are payable under this paragraph (b), the Company shall deliver to the Trustee an
Officer’s Certificate to that effect stating the date on which such liquidated damages are or shall become payable. Unless and until a Trust Officer receives at the Corporate Trust Office such an Officer’s Certificate, the Trustee may
assume without inquiry that no liquidated damages are or shall be payable. If the Company is required to pay any liquidated damages pursuant to this paragraph (b), the Company shall provide a direction or order in the form of a written notice to the
Trustee (and if the Trustee is not the Paying Agent, the Paying Agent) of the Company’s obligation to pay such liquidated damages no later than three Business Days prior to date on which any such liquidated damages are scheduled to be paid;
provided that the Company shall make payments of all liquidated damages no later than the first Interest Payment Date subsequent to the 365th day following such notice (or such shorter period if such Event of Default has been cured or waived and liquidated
damages have ceased to accrue). Such notice shall set forth the amount of liquidated damages to be paid by the Company on such payment date and direct the Trustee (or, if the Trustee is not the Paying Agent, the Paying Agent) to make payment to the
extent it receives funds from the Company to do so. The Trustee shall pay the liquidated damages to the Holders of record of each relevant series of Securities in the Security Register as of the close of business on the Business Day prior to the
date on which such 

  
 41 

 
payment is made; provided that any liquidated damages payable as of the Maturity Date of any series of Securities shall be paid to the Holder receiving the payment of the principal amount
of such Securities. The Trustee shall not at any time be under any duty or responsibility to any Holder of Securities to determine whether liquidated damages are payable, or with respect to the nature, extent, or calculation of the amount of
liquidated damages owed, or with respect to the method employed in such calculation of such liquidated damages. 

SECTION 6.02. Acceleration. (a) If an Event of Default (other than an Event of Default specified in
Section 6.01(a)(v) above with respect to the Company) shall have occurred and be continuing, the Trustee, by written notice to the Company, or the Holders of not less than 25% in aggregate Principal Amount of the then Outstanding Securities of
that series, by written notice to the Company and the Trustee, may declare the unpaid principal of (and premium, if any) and any accrued and unpaid interest on all the Securities of the affected series to be immediately due and payable. Any such
notice shall specify the Event of Default and that it is a “Notice of Acceleration.” If an Event of Default specified in Section 6.01(a)(v) above occurs with respect to the Company, then the unpaid principal of (and premium, if any)
and accrued and unpaid interest on all the Securities shall ipso facto become immediately due and payable without further notice or action on the part of the Trustee or any Holder. 

(b) At any time after such a declaration of acceleration with respect to the Securities of any series has been made, but before a
judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article VI provided, the Holders of a majority in Principal Amount of the Outstanding Securities of such series, by written notice to the Company
and the Trustee, may rescind and annul such declaration and its consequences if 
 (i) the Company has paid or
deposited with the Trustee a sum sufficient to pay: 
 (A) all overdue interest on all of the Securities of that
series; 
 (B) the principal of (and premium, if any, on) Securities of that series which has become due
otherwise than by such declaration of acceleration and any interest thereon at the rate or rates prescribed therefor in the Securities of that series; 
 (C) to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor in the Securities of that series; and 

(D) all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements, and
advances of the Trustee and its agents and counsel and 
 (ii) all Events of Default with respect to the
Securities of that series, other than the non-payment of the principal of the Securities of that series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 6.04. 

No such rescission shall affect any subsequent Default or Event of Default or impair any rights relating thereto. 

  
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 SECTION 6.03. Other Remedies. (a) If an Event of Default with respect to
Securities of any series occurs and is continuing, the Trustee may pursue any available remedy to collect the payment of principal of and interest on the Securities of such series or to enforce the performance of any provision of the Securities of
such series or this Indenture. 
 (b) The Trustee may maintain a proceeding even if it does not possess any of the Securities of
such series or does not produce any of them in the proceeding. Any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered. A delay or omission by the
Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No remedy is exclusive of any other remedy. All
available remedies are cumulative to the extent permitted by law. 
 SECTION 6.04. Waiver of Past Defaults. The
Holders of not less than a majority in aggregate Principal Amount of the Securities of any series then Outstanding may, by written notice to the Trustee, on behalf of the Holders of all of the Securities of such series waive any existing Default or
Event of Default and its consequences under the Indenture except a continuing Default or Event of Default in the payment of the principal of, premium, if any, or interest, if any, on any Security of such series. The Company may, but shall not be
obligated to, fix a record date for the purpose of determining the Persons entitled to waive any past default hereunder. If a record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be
entitled to waive any default hereunder, whether or not such Holders remain Holders after such record date. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for
every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 
 SECTION 6.05. Control by Majority. (a) With respect to the Securities of any series, the Holders of a majority in aggregate Principal Amount of the then Outstanding Securities of that
series, on behalf of all Holders of the Outstanding Securities of that series, may direct the time, method and place of conducting any proceeding for any remedies available to the Trustee or of exercising any trust or power conferred on the Trustee.
Subject to Sections 7.01 and 7.02, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, that the Trustee determines may be unduly prejudicial to the rights of other Holders of that series or
that may involve or cause the Trustee any potential liability unless the Holders have offered to the Trustee reasonable indemnity; provided, however, that the Trustee may take any other action deemed proper by the Trustee that is not
inconsistent with such direction. 

  
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 (b) Upon receipt by the Trustee of any such direction with respect to the Securities of such
series, a record date shall automatically and without any other action by any Person be set for determining the Holders of Outstanding Securities of such series entitled to join in such direction, which record date shall be the close of business on
the day the Trustee receives such direction. The Holders of Outstanding Securities of such series on such record date (or their duly appointed agents), and only such Persons, shall be entitled to join in such direction, whether or not such Holders
remain Holders after such record date. 
 SECTION 6.06. Limitation on Suits. No Holder of any Security of any series
shall have any right to institute any proceeding with respect to this Indenture or the Securities of the applicable series for any remedy thereunder, unless: 
 (i) such Holder shall have previously given to the Trustee written notice of a continuing Event of Default; 
 (ii) Holders of at least 25% in aggregate Principal Amount of the then Outstanding Securities of that series have also made such a written request to the Trustee to pursue the remedy; 

(iii) such Holder or Holders of the Securities have provided to the Trustee indemnity satisfactory to the Trustee against
any loss, liability or expense in connection with the institution of such proceedings; 
 (iv) the Trustee does
not comply with the request delivered in clause (ii) within 90 days; and 
 (v) during or prior to such
90-day period, the Holders of a majority in aggregate principal amount of the Securities of such series then Outstanding have not given the Trustee a written direction that, in the opinion of the Trustee, is inconsistent with such request;

 provided, however, that the limitations in this Section 6.06 do not apply to a suit initiated by a Holder for the
enforcement of payment of the principal of, or premium or interest, if any, on such Securities on or after the respective due dates expressed in such Securities after any applicable grace periods have expired. 

A Holder may not use this Indenture either to prejudice the rights of, or to obtain a preference or priority over, another Holder of Securities of the
same series in case of any Event of Default described in clause (i), (ii) or (vi) of Section 6.01 or of another Holder of any series of Securities in the case of any Event of Default described in clauses (iii), (iv) or
(v) of Section 6.01 
 SECTION 6.07. Rights of Holders to Receive Payment. Notwithstanding any other
provision of this Indenture (including, without limitation, Section 6.06), the right of any Holder to receive payment of principal of (and premium, if any) or interest, if any, on any Security of any series held by such Holder, on or after the
respective due dates, redemption dates or repurchase dates expressed in this Indenture or in such series of Securities, or to bring 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. 

  
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 SECTION 6.08. Collection Suit by Trustee. If an Event of Default specified in
Section 6.01(i) or (ii) occurs and is continuing, the Trustee is authorized to recover judgment in its own name and as trustee of an express trust against the Company or any Security Guarantor (if any) for the whole amount then due and
owing (together with applicable interest on any overdue principal and, to the extent lawful, interest on overdue interest) and the amounts provided in Section 7.07. 
 SECTION 6.09. Trustee May File Proofs of Claim. 
 (a) The Trustee is
authorized to (irrespective of whether the principal of the Securities of such series is then due): 
 (i) file
such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel) and the Holders of the Securities of such series allowed in any bankruptcy, insolvency, liquidation or other judicial proceedings relative to the Company, any Security Guarantor or any other obligor upon the Securities, or their respective
creditors or properties; and 
 (ii) collect and receive any moneys or other property payable or deliverable in
respect of any such claims and distribute them in accordance with this Indenture. 
 Any receiver, trustee, liquidator, sequestrator (or other
similar official) in any such proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any
amount due to it for the reasonable compensation, expenses, taxes, disbursements and advances of the Trustee, its agent and counsel, and any other amounts due to the Trustee pursuant to Section 7.07. To the extent that the payment of any such
compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.07 hereof out of the estate in any such proceeding, shall be denied for any reason, payment of the
same shall be secured by a lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties which the Holders may be entitled to receive in such proceeding whether in liquidation or under any plan of
reorganization or arrangement or otherwise. Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder 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 Holder in any such proceeding. 
 (b) Nothing in this Indenture shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder 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 Holder in any such proceeding. 

  
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 SECTION 6.10. Priorities. If the Trustee collects any money, or any money or
property distributable pursuant to this Article after the occurrence of any Event of Default, it shall pay out the money or property in the following order: 
 FIRST: to the Trustee (including and predecessor trustee), its agents and counsel for amounts due under Section 7.07; 

SECOND: if the Holders proceed against the Company directly without the Trustee in accordance with this Indenture, to
Holders for their collection costs; 
 THIRD: to Holders for amounts due and unpaid on the Securities of any
series for principal and interest, if any, ratably, without preference or priority of any kind, according to the amounts due and payable on the Securities of such series for principal and interest, respectively; and 

FOURTH: to the Company or, to the extent the Trustee collects any amount pursuant to Article XI hereof from any Security
Guarantor, to such Security Guarantor, or to such party as a court of competent jurisdiction shall direct. 
 The Trustee may, upon at least
five Business Days notice to the Company, fix a record date and payment date for any payment to Holders pursuant to this Section 6.10. 
 SECTION 6.11. Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit against the Trustee for any action taken or omitted by it as
Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees,
against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by the Company, a suit by a Holder of
Securities of the affected series pursuant to Section 6.07 or a suit by Holders of more than 10% in principal amount of Outstanding Securities. 
 ARTICLE VII 
 TRUSTEE 

SECTION 7.01. Duties and Responsibilities of the Trustee. The Trustee, with respect to the Securities of any series, prior to
the occurrence of an Event of Default with respect to the Securities of such series and after the curing or waiving of all Events of Default with respect to the Securities of such series which may have occurred, undertakes to perform such duties and
only such duties with respect to such series as are specifically set forth in this Indenture. 

  
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 (a) If an Event of Default with respect to the Securities of a series has occurred and is
continuing (and has not been cured or waived), the Trustee shall exercise such of the rights and powers vested in it by this Indenture with respect to such series and use the same degree of care and skill in their exercise as a prudent person would
exercise or use under the circumstances in the conduct of such person’s own affairs. 
 (b) Except during the continuance
of an Event of Default: 
 (i) the Trustee undertakes to perform such duties and only such duties 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 its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions
furnished to the Trustee and conforming to the requirements of this Indenture. However, in the case of any such certificates or opinions that by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall
examine such certificates and opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts, statements, opinions or conclusions
stated therein). 
 (c) The Trustee may not be relieved from liability for its own negligent action, its own negligent failure
to act or its own bad faith or willful misconduct, except that: 
 (i) this paragraph (c) does not limit the
effect of paragraphs (b) and (f) of this Section 7.01; 
 (ii) the Trustee shall not be liable for
any error of judgment made in good faith by a Trust Officer or Trust Officers unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and 

(iii) the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance
with a direction received by it pursuant to Sections 6.02, 6.04, 7.05 or otherwise exercising any trust or power conferred upon the Trustee under this Indenture. 
 (d) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. 

(e) All moneys received by the Trustee shall, until used or applied as herein provied, be held in trust by the Trustee for the purposes
for which they were received, but need not be segregated from other funds except to the extent required by law. Neither the Trustee nor any agent of the Company or the Trustee shall be under any liability for interest on any moneys received by it
hereunder, except as otherwise agreed with the Company. 

  
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 (f) No provision of this Indenture shall require the Trustee to expend or risk its own funds
or otherwise incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it shall have reasonable grounds to believe that repayment of such funds or adequate indemnity against
such risk or liability is not reasonably assured to it. This Section 7.01 is in furtherance of and subject to Sections 315 and 316 of the Trust Indenture Act. 
 (g) Every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Article VII and to the
provisions of the Trust Indenture Act. 
 (h) Unless otherwise specifically provided in this Indenture, any demand, request,
direction or notice from the Company shall be sufficient if signed by an Officer of the Company. 
 (i) The Trustee shall be
under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request, order or direction of any of the Holders unless such Holders shall have offered to the Trustee security or indemnity reasonably satisfactory
to the Trustee against the costs, expenses (including reasonable attorneys’ fees and expenses) and liabilities that might be incurred by it in compliance with such request or direction. 

(j) Wherever in this Article VII a negligence, misconduct or bad faith standard with respect to the Trustee is referred to, it shall mean
a negligence, misconduct or bad faith standard as determined by a final non-appealable judgment of a court of competent jurisdiction. 
 SECTION 7.02. Rights of Trustee. Subject to Section 7.01: 
 (a)
The Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other
evidence of indebtedness or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in any resolution, certificate,
statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document; 
 (b) Any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Order and any resolution of the Board of Directors may be evidenced to the Trustee by a copy
thereof certified by the Secretary or an Assistant Secretary of the Company. The Trustee shall not be liable for any action it takes or omits to take in good faith and reasonably believed by it to be authorized or within the discretion or rights or
powers conferred upon it by this Indenture; 
 (c) The Trustee may act through its attorneys and agents and shall not be
responsible for the misconduct or negligence of any agent appointed with due care by it hereunder; 
 (d) The Trustee shall not
be liable for any action it takes, suffers or omits to take in good faith which it believes to be authorized or within its rights or powers; provided that the Trustee’s conduct does not constitute willful misconduct, negligence or bad
faith; 

  
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 (e) The Trustee may consult with counsel of its selection, and the advice or any Opinion of
Counsel with respect to legal matters relating to this Indenture and any series of Securities shall be full and complete authorization and protection from liability in respect to any action taken, omitted or suffered by it hereunder in good faith
and in accordance with the advice or opinion of such counsel; 
 (f) If the Trustee shall reasonably determine it necessary or
advisable after due inquiry of the Company, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney at the sole cost of the Company, during normal business hours upon reasonable prior
notice, and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation; 
 (g) The
Trustee shall not be deemed to have notice or be charged with knowledge of any Default or Event of Default unless a Trust Officer of the Trustee has actual knowledge thereof or has received written notice from the Company or any Holder of any event
that is in fact such a default at the Corporate Trust Office of the Trustee, and such notice references the Securities and this Indenture; 
 (h) The rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee
in each of its capacities hereunder, and to each agent, Custodian and other Person employed to act hereunder; 
 (i) The Trustee
may request that the Company deliver a certificate setting forth the names of individuals and/or titles of the Officers authorized at such time to take specified actions pursuant to this Indenture, which certificate may be signed by any person
authorized to sign an Officer’s Certificate, including any person specified as so authorized in any such certificate previously delivered and not superseded; 
 (j) Anything in this Indenture notwithstanding, in no event shall the Trustee be liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including but not limited to
loss of profit), even if the Trustee has been advised as to the likelihood of such loss or damage and regardless of the form of action; and 
 (k) The Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture arising out of or caused, directly or indirectly, by circumstances
beyond its reasonable control, including, without limitation, acts of God; earthquakes; fire; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; interruptions; loss or malfunctions of utilities, computer (hardware or
software) or communication services; accidents; labor disputes; acts of civil or military authority and governmental action. 

SECTION 7.03. Individual Rights of Trustee. The Trustee in its individual or any other capacity may become the owner or
pledgee of Securities of any series and may otherwise deal with the Company, any Security Guarantors or any of their respective Affiliates with the same rights it would have if it were not Trustee. However, in the event the Trustee acquires any
conflicting interest pursuant to Section 310(b) of the Trust Indenture Act, it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee, or resign. Any Paying Agent, Registrar or co-Registrar may do
the same with like rights and duties. However, the Trustee must comply with Sections 7.10 and 7.11. 
 SECTION 7.04.
Trustee’s Disclaimer. The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or of the Securities, it shall not be accountable for the Company’s use of the proceeds from
any of the Securities, and it shall not be responsible for any statement of the Company in this Indenture or in any document issued in connection with the sale of any of the Securities or in any Securities other than the Trustee’s certificate
of authentication, except that the Trustee represents that it is duly authorized to execute and deliver this Indenture, authenticate the Securities and perform its obligations hereunder and that the

  
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statements made by it in a Statement of Eligibility on Form T-1 supplied to the Company, are true and accurate, subject to the qualifications set forth therein. The Trustee shall not be
responsible to make any calculation with respect to any matter under this Indenture, unless it agrees to do so in writing with the Company. The Trustee shall have no duty to monitor or investigate the Company’s compliance with or the breach of,
or cause to be performed or observed, any representation, warranty or covenant made in this Indenture. 
 SECTION 7.05.
Notice of Default. If a Default or Event of Default occurs and is continuing with respect to the Securities of any series and if a Trust Officer has actual knowledge thereof, the Trustee shall mail to each Holder of Securities of such series,
in the manner and to the extent provided in Section 313(c) of the Trust Indenture Act, notice of the Default or Event of Default (“Notice of Default”) within 90 days after the occurrence thereof (unless such Default or Event of
Default has been waived or cured prior to such mailing). Except in the case of a Default or Event of Default in payment of principal of, or interest or premium, if any, of any Security of such series (including payments pursuant to the redemption or
required repurchase provisions of such Security, if any) or in the payment of any sinking fund installment with respect to Securities of such series, the Trustee may withhold the notice if and so long as the board of directors, the executive
committee or a committee of directors and/or Trust Officers of the Trustee in good faith determines that withholding the notice is in the interests of the Holders of Securities of such series. 

SECTION 7.06. Reports by the Trustee to Holders. The Trustee shall comply with Section 313 of the Trust Indenture Act.
The Company agrees to notify promptly the Trustee whenever any Securities become listed on any stock exchange and of any delisting thereof. 
 SECTION 7.07. Compensation and Indemnity. (a) The Company shall pay to the Trustee from time to time reasonable compensation for its acceptance of this Indenture and services hereunder as
the Company and the Trustee shall from time to time agree in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all
reasonable out-of-pocket expenses, disbursements and advances incurred or made by it, including costs of collection, costs of preparing and reviewing reports, certificates and other documents, costs of preparation and mailing of notices to Holders
and reasonable costs of counsel retained by the Trustee in connection with the delivery of an opinion of counsel or otherwise, in addition to the compensation for its services, except for any such expense, disbursement or advance as may arise from
its negligence, bad faith or willful misconduct. Such expenses shall include the reasonable compensation and expenses, disbursements and advances of the Trustee’s agents, counsel, accountants, experts and other Persons not regularly in its
employ. 
 (b) The Company shall indemnify the Trustee against any and all loss, liability or expense (including reasonable
attorneys’ fees and expenses) incurred by it without negligence, willful misconduct or bad faith on its part in connection with the acceptance and administration of this trust and the performance of its duties hereunder, including the costs and
expenses of 

  
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enforcing this Indenture (including this Section 7.07) and of defending itself against any claims (whether asserted by any Holder, the Company, any Security Guarantor or otherwise). The
Trustee shall notify the Company promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Company shall not relieve the Company of its obligations hereunder. The Company shall defend the claim and the Trustee
may have separate counsel and the Company shall pay the fees and expenses of such counsel; provided that the Company shall not be required to pay such fees and expenses if it assumes the Trustee’s defense, and, in the reasonable judgment
of outside counsel to the Trustee, there is no conflict of interest between the Company and the Trustee in connection with such defense. The Company need not reimburse any expense or indemnify against any loss, liability or expense incurred by the
Trustee through the Trustee’s own negligence, willful misconduct or bad faith. 
 (c) To secure the Company’s payment
obligations in this Section 7.07, the Trustee shall have a lien prior to the Securities on all money or property held or collected by the Trustee other than money or property held in trust to pay principal of and interest on a particular
Security. The Trustee’s right to receive payment of any amounts due under this Section 7.07 shall not be subordinate to any other liability or indebtedness of the Company. 

(d) The Company’s payment obligations pursuant to this Section 7.07 shall survive the discharge of the Securities, the
termination for any reason of this Indenture and the resignation or removal of the Trustee. When the Trustee incurs expenses or renders services in connection with the occurrence of a Bankruptcy Law Event of Default, the expenses (including the
reasonable charges and expenses of its counsel) are intended to constitute expenses of administration under any Bankruptcy Law; provided that this shall not affect the Trustee’s rights as set forth in this Section 7.07 or
Section 7.11. “Trustee” for purposes of this Section shall include any predecessor Trustee; provided, however, that the negligence, willful misconduct or bad faith of any Trustee hereunder shall not affect the rights of any other
Trustee hereunder. 
 SECTION 7.08. Resignation and Removal; Appointment of Successor Trustee. (a) The Trustee
may resign at any time with respect to the Securities of one or more series by giving written notice of resignation to the Company and to the Holders of Securities of such series, such notice to the Holders to be given by mailing (by first-class
mail) the same within 30 days after such notice is given to the Company. Upon receiving such notice of resignation, the Company shall promptly appoint a successor trustee 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. If no successor trustee shall have been so appointed and have accepted appointment within 60 days after the mailing of such
notice of resignation, the resigning trustee may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor trustee, or any Holder of the Securities of the affected series who has been a bona
fide holder of a Security or Securities of the affected series for at least six months may, 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. 

  
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 (b) The Company shall remove the Trustee if: 

(i) the Trustee shall cease to be eligible in accordance with the provisions of Section 7.10 and shall fail to resign
after written request therefor by the Company or by any such Holder of Securities; 
 (ii) the Trustee shall fail
to comply with the provisions of Section 310(b) of the Trust Indenture Act, after written request therefor by the Company or by any Holder who has been a bona fide holder of a Security or Securities for at least six months; 

(iii) the Trustee shall be adjudged as bankrupt or insolvent; 

(iv) 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; or 
 (v) the Trustee otherwise becomes incapable of acting. 
 then, in any such case, the Company may
remove the Trustee and appoint a successor trustee by written instrument, in duplicate, executed by order of the Board of Directors of the Company, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the
successor trustee, or, subject to Section 315(e) of the Trust Indenture Act, any Holder who has been a bona fide holder of a Security or Securities 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. 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 any series at the time
outstanding may at any time remove the Trustee for that series and appoint a successor trustee by delivering to the Trustee so removed, to the successor trustee so appointed and to the Company the evidence provided for in Section 12.01 of the
action in that regard taken by the Holders. If no successor trustee shall have been so appointed and have accepted appointment 60 days after the mailing of such notice of removal, the trustee being removed may petition, at the expense of the
Company, any court of competent jurisdiction 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. 

(d) Any resignation or removal of the Trustee and any appointment of a successor trustee pursuant to any of the provisions of this
Section 7.08 shall become effective upon acceptance of appointment by the successor trustee as provided herein. 
 (e) The
Company shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series by mailing written notice of such
event by first-class mail, postage prepaid, to all Holders of Securities of such series as their names and addresses appear in the Security Register. Each notice shall include the name of the successor Trustee with respect to the Securities of such
series and the address of its Corporate Trust Office. 

  
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 (f) In case of the appointment hereunder of a successor Trustee with respect to all
Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall
become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company or the successor Trustee, such
retiring Trustee shall, upon payment of its charges and subject to its lien provided for in Section 7.07, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and
shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder. 
 (g) In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the retiring Trustee and each successor Trustee with
respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which: 

(i) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each
successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; 

(ii) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be
deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in
the retiring Trustee; and 
 (iii) 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 hereunder separate and apart from any trust or trusts hereunder administered by
any other such Trustee. Upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act,
deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the
Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which
the appointment of such successor Trustee relates. 

  
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 (h) Upon request of any such successor Trustee, the Company shall execute any and all
instruments for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be. 

(i) No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and
eligible under the Trust Indenture Act. 
 (j) Notwithstanding the replacement of the Trustee pursuant to this
Section 7.08, the Company’s obligations under Section 7.07 shall continue for the benefit of the retiring Trustee. 
 SECTION 7.09. Successor Trustee by Merger. (a) If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to,
another Person, the resulting, surviving or transferee Person without any further act shall be the successor Trustee; provided, that such entity shall otherwise be qualified and eligible under this Article VII. 

(b) In case at the time such successor or successors to the Trustee shall succeed to the trusts created by this Indenture, any of the
Securities shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such Securities so authenticated; and in case at that time any of the
Securities 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 to the Trustee; and in all such cases such certificates shall
have the full force which it is anywhere in the Securities 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 in the name of any predecessor Trustee shall apply only to its successor or successors by merger, conversion or consolidation. 
 SECTION 7.10. Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of Section 310(a) of the Trust Indenture Act. The Trustee shall have a combined
capital and surplus of at least $50 million as set forth in its most recent published annual report of condition. The Trustee shall comply with Section 310(b) of the Trust Indenture Act; provided, however, that there shall
be excluded from the operation of Section 310(b)(1) of the Trust Indenture Act any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Company are outstanding if the
requirements for such exclusion set forth in Section 310(b)(1) of the Trust Indenture Act are met. 
 SECTION 7.11.
Preferential Collection of Claims Against Company. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Trustee who has
resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated. 

  
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 SECTION 7.12. Communications with the Trustee. Any and all notices,
certificates, opinions or filings with the SEC required or permitted to be provided by the Company to the Trustee under this indenture shall be in writing and shall be personally delivered, sent via an internationally recognized overnight delivery
service or sent by facsimile or electronic transmission to the address or telecopy number of the Corporate Trust Office. 

ARTICLE VIII 

DEFEASANCE 

SECTION 8.01. Applicability of the Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless
pursuant to Section 2.03 provision is made for the inapplicability of either or both of (a) defeasance of the Securities of a series under Section 8.02 or (b) covenant defeasance of the Securities of a series under
Section 8.03, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article, shall be applicable to the Securities of such series, and the Company may, at its option, by resolution of
the Board of Directors, at any time, elect to have either Section 8.02 or Section 8.03 applied to the Outstanding Securities of a series upon compliance with the conditions set forth in this Article VIII. 

SECTION 8.02. Legal Defeasance and Discharge. Upon the Company’s exercise under Section 8.01 of the option
applicable to this Section 8.02, the Company shall, subject to the satisfaction of the applicable conditions set forth in Section 8.04, be deemed to have been discharged from its obligations with respect to such Outstanding Securities on
the date all of the conditions set forth in Section 8.04 are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Company shall be deemed to have paid and discharged the entire
indebtedness represented by the Outstanding Securities of such series, which shall thereafter be deemed to be Outstanding only for the purposes of Section 8.05 hereof and the other Sections of this Indenture referred to in clauses (i) and
(ii) of this Section 8.02, and to have satisfied all its other obligations under such Securities and this Indenture (and the Trustee, on demand of and at the expense of the Company shall execute proper instruments acknowledging the same),
except for the following provisions which shall survive until otherwise terminated or discharged hereunder: 

(i) the rights of Holders of Outstanding Securities of such series to receive solely from the trust fund described in
Section 8.04 hereof, and as more fully set forth in such Section, payments in respect of the principal of (and premium, if any) and interest, if any, on such Securities when such payments are due; 

(ii) the Company’s obligations with respect to such Securities under Sections 2.06, 2.07, 2.08, 2.09, 2.10, 3.02,
8.05, 8.06 and 8.07 hereof; 
 (iii) the rights (including indemnity rights under Article VII), powers, trusts,
duties and immunities of the Trustee hereunder and the Company’s obligations in connection therewith; and 

  
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 (iv) the Company’s obligations under this Article VIII. 

Subject to compliance with this Article VIII, the Company may exercise its option under this Section 8.02 notwithstanding the prior exercise of its
option under Section 8.03 hereof with respect to the Securities of such series. 
 SECTION 8.03. Covenant
Defeasance. Upon the Company’s exercise under Section 8.01 of the option applicable to this Section 8.03, the Company shall, subject to the satisfaction of the applicable conditions set forth in Section 8.04, be released from
its obligations under the covenants contained in Article III (other than Sections 3.01, 3.02, 3.03 and 3.10) and Section 4.01 hereof and the covenants contained in any supplemental indenture applicable to such series, with respect to the
Outstanding Securities of such series on and after the date the conditions set forth below are satisfied (hereinafter, “Covenant Defeasance”), and the Securities of such series shall thereafter be deemed not Outstanding for the
purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but shall continue to be deemed Outstanding for all other purposes hereunder (it being understood
that such Securities shall not be deemed Outstanding for accounting purposes). For this purpose, such Covenant Defeasance means that, with respect to the Outstanding Securities of such series, the Company may omit to comply with and shall have no
liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such covenant or by reason of any reference in any such covenant to any
other provision herein or in any other document and such omission to comply shall not constitute a Default or an Event of Default under Section 6.01(a)(iii), (iv) or (vi) hereof with respect to Outstanding Securities of such series,
but, except as specified above, the remainder of this Indenture and of the Securities of such series shall be unaffected thereby. 
 SECTION 8.04. Conditions to Legal or Covenant Defeasance. The Company may exercise its Legal Defeasance option or its Covenant Defeasance option with respect to the Outstanding Securities of a
particular series only if: 
 (a) The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or
another trustee satisfying the requirements of Section 7.10 who shall agree to comply with the provisions of this Article VIII applicable to it) as trust funds in trust for the purpose of making the following payments, specifically pledged as
security for, and dedicated solely to, the benefit of the Holders of such Securities: (i) an amount in such currency, currencies or currency unit in which such Securities and any related coupons are then specified as payable at Stated Maturity,
or (ii) non-callable U.S. Government Obligations that through the scheduled payment of interest and principal in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment, money in an
amount, or (iii) a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay and discharge, and that shall be applied by the Trustee (or other qualifying
trustee) to pay and discharge, the principal of (and premium, if any) and interest, if any, on such Outstanding Securities on the stated maturity date of such principal and any installment of principal, or interest or premium, if any; 

  
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 (b) In the case of an election under Section 8.02 hereof, the Company shall have
delivered to the Trustee an Opinion of Counsel confirming that: (i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date hereof, there has been a change in the
applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the Outstanding Securities of such series will not recognize income, gain or loss for federal income
tax purposes as a result of such Legal 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 Legal Defeasance had not occurred; 

(c) In the case of an election under Section 8.03 hereof, the Company shall have delivered to the Trustee an Opinion of Counsel
confirming that the Holders of the Outstanding Securities of such series will not recognize income, gain or loss for federal income tax purposes as a result of such Covenant Defeasance and will be subject to federal income tax on the same amounts,
in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 
 (d) No
Default or Event of Default with respect to the Securities of such series shall have occurred and be continuing on the date of such deposit or, insofar as Section 6.01(a)(v) hereof is concerned, at any time in the period ending on the 124th day
after the date of such deposit (it being understood that this condition shall not be deemed satisfied until the expiration of such period); 
 (e) Such Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under any material agreement or instrument (other than this Indenture) to which the
Company is a party or by which the Company is bound (other than a breach, violation or default resulting from the borrowing of funds to be applied to such deposit); 
 (f) The Company shall have delivered to the Trustee an Officer’s Certificate stating that the deposit made by the Company pursuant to its election under Section 8.02 or 8.03 hereof was not made
by the Company with the intent of preferring the Holders of the affected Securities over the other creditors of the Company with the intent of defeating, hindering, delaying or defrauding creditors of the Company, or others; 

(g) The Company shall have delivered to the Trustee an Opinion of Counsel, subject to customary exceptions and qualifications, reasonably
acceptable to the Trustee to the effect that the trust resulting from the deposit does not constitute, or is qualified as, a regulated investment company under the Investment Company Act of 1940; and 

(h) The Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all
conditions precedent provided for or relating to the Legal Defeasance or the Covenant Defeasance have been complied with. 

SECTION 8.05. Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions. Subject to
Section 8.06 hereof, the Trustee shall hold in trust all money, U.S. Legal Tender and/or non-

  
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callable U.S. Government Obligations (including the proceeds thereof) deposited with it in respect of the Outstanding Securities of a particular series pursuant to this Article VIII. The Trustee
shall apply the deposited money and the U.S. Legal Tender from the U.S. Government Obligations through the Paying Agent and in accordance with the provisions of such Securities and this Indenture, to the payment of principal (and premium, if any)
and interest, if any, on the Securities. 
 SECTION 8.06. Repayment to the Company. Notwithstanding anything in this
Article VIII to the contrary, (a) the Trustee and the Paying Agent shall promptly turn over to the Company upon request any excess money, non-callable U.S. Government Obligations or other securities held by them as provided in Section 8.04
hereof upon payment of all the obligations with respect to the relevant series of Securities under this Indenture (such excess to be determined in the opinion of a nationally recognized firm of independent public accountants and expressed in a
written certification thereof delivered to the Trustee (which may be the opinion delivered under Section 8.04(a) hereof)), and (b) subject to any applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Company
upon request any money or non-callable U.S. Government Obligations held by them as provided in Section 8.04 hereof for the payment of principal of, premium or interest on the Securities that remains unclaimed for two years, and, thereafter,
Holders entitled to the money will be deemed general creditors of the Company with respect to the money and must look only to the Company and not to the Trustee for payment. 
 SECTION 8.07. Indemnity for Moneys and U.S. Government Obligations Held in Trust. The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed
against the moneys or non-callable U.S. Government Obligations deposited pursuant to Section 8.04 hereof or the principal and interest received in respect thereof, other than any such tax, fee or other charge that by law is for the account of
the Holders of the Outstanding Securities of such series. 
 SECTION 8.08. Reinstatement. If the Trustee or Paying
Agent is unable to apply any U.S. Legal Tender, other moneys or non-callable U.S. Government Obligations in accordance with this Article VIII, as the case may be, by reason of any legal proceeding or by reason of any order or judgment of any court
or governmental authority enjoining, restraining or otherwise prohibiting such application, the obligations of the Company under this Indenture and the Securities of the relevant series shall be revived and reinstated as though no deposit had
occurred pursuant to this Article VIII until such time as the Trustee or Paying Agent is permitted to apply all such U.S. Legal Tender, other moneys or U.S. Government Obligations in accordance with this Article VIII; provided,
however, that, if the Company has made any payment of principal of, or premium or interest, if any, on any Security because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Security
to receive such payment from the U.S. Legal Tender, other moneys or U.S. Government Obligations held by the Trustee or Paying Agent. 

  
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 ARTICLE IX 
 DISCHARGE OF INDENTURE 
 SECTION 9.01. Satisfaction and Discharge.
This Indenture shall be discharged and shall cease to be of further effect with respect to any series of Securities (except as to any surviving rights or registration of transfer, exchange or conversion of the Securities of such series expressly
provided for in the Indenture or in the form of Security for such series) as to all Outstanding Notes of such series of Securities when: 
 (a) either 
 (i) all Securities of such series theretofor executed,
authenticated and delivered (except lost, stolen or destroyed Securities of such series that have been replaced or paid and Securities of such series for whose payment money has theretofor been (x) deposited in trust or segregated and held
in trust by the Company and thereafter repaid to the Company or discharged from such trust or (y) paid to any State or the District of Columbia pursuant to its unclaimed property or similar laws) have been delivered to the Trustee for
cancellation; or 
 (ii) all Securities of such series not theretofore delivered to the Trustee for cancellation

 (A) have become due and payable; or 

(B) will become due and payable at their stated maturity within one year; or 

(C) are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of
notice of redemption by the Trustee in the name, and at the expense, of the Company, 
 and the Company, in the case of (A),
(B) or (C) above, has irrevocably deposited or caused to be deposited with the Trustee, as trust funds in trust for the purpose, money in the amount in the currency or currency units in which the Securities of such series are payable,
sufficient to pay and discharge the entire indebtedness on such series of Securities not theretofor delivered to the Trustee for cancellation, for principal (and premium, if any) and interest, if any, to the date of such deposit (in the case of
Securities which have become due and payable), or to the Stated Maturity or redemption date, as the case may be, together with irrevocable instructions from the Company directing the Trustee to apply such funds to the payment; 

(b) the Company has paid or caused to be paid all other sums payable hereunder with respect to such Securities; and 

  
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 (c) the Company has delivered to the Trustee an Officer’s Certificate and an Opinion
of Counsel each to the effect that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been satisfied. 
 Notwithstanding the satisfaction and discharge of this Indenture the obligations of the Company to the Trustee under Section 7.07 and, if money shall have been deposited with the Trustee pursuant to
subclause (ii) of paragraph (a) of this Section, the obligations of the Trustee under Section 9.02 and the last paragraph of Section 3.03 shall survive. 
 SECTION 9.02. Application of Trust Money. Subject to the provisions of the last paragraph of Section 3.03, all money deposited with the Trustee pursuant to Section 9.01 shall be held
in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), as the Trustee may determine, to
the Persons entitled thereto, of the principal (and premium, if any) and interest, if any, for whose payment such money has been deposited with the Trustee. 
 ARTICLE X 
 AMENDMENTS 

SECTION 10.01. Supplemental Indentures Without Consent of Holders. (a) The Company, the Security Guarantors, if any, and
the Trustee may amend or supplement this Indenture or the Securities of any series without the consent of any Holder: 
 (i) to cure any ambiguity, defect or inconsistency; 

(ii) to comply with Article IV in respect of the assumption by a Successor Company of the obligations of the Company
under the Securities of any or all series and this Indenture; 
 (iii) to provide for uncertificated Securities
in addition to or in place of certificated Securities, provided, however, that the uncertificated Securities are issued in registered form for purposes of Section 163(f) of the Code; 

(iv) to add guarantees with respect to the Securities or to secure the Securities; 

(v) to add to the covenants of the Company or any Security Guarantor for the benefit of the Holders of all or any series
of Securities or to surrender any right or power herein conferred upon the Company in the Indenture; 
 (vi) to
add any additional Events of Default with respect to all or any series of the Securities; 
 (vii) to comply with
any requirements of the SEC in connection with effecting or maintaining the qualification of this Indenture under the Trust Indenture Act; 

  
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 (viii) to make any change that would provide any additional rights or
benefits to the Holders of all or any series of Securities or that does not, in the opinion of the Trustee, adversely affect the rights of any Holder of such Securities in any material respect; 

(ix) to evidence and provide for the acceptance of appointment hereunder by a successor trustee and to add to or change
any of the provisions of the Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one trustee; 
 (x) to establish the form or terms of Securities of any series as permitted by Sections 2.01 and 2.03; 
 (xi) to make any change necessary to make the Indenture, the Securities of any series or the Security Guarantee relating to any series of Securities, as applicable, consistent with the description of the
Securities in the prospectus or any related prospectus supplement relating to such Securities; 
 (xii) to
correct or supplement any provision of the Indenture that may be inconsistent with any other provision of the Indenture or to make any other provisions with respect to matters or questions arising under this Indenture; provided, such actions
shall not adversely affect the interests of any Holder; or 
 (xiii) to change or eliminate any of the provisions
of this Indenture; provided, that any such change or elimination shall become effective only when there is no Security Outstanding of any series created prior to the execution of such supplemental indenture which is entitled to the benefit of
any such provision. 
 (b) After an amendment or supplement under this Section 10.01 becomes effective, the Company shall
mail to Holders of the affected Securities a notice briefly describing such amendment. The failure to give such notice to all Holders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 10.01.

 SECTION 10.02. With Consent of Holders. (a) Subject to Section 10.01, except as provided in the next
succeeding paragraphs, the Company, the Security Guarantors, if any, and the Trustee may amend or supplement this Indenture or the Securities of any series without notice to any Holder but with the written consent of the Holders of at least a
majority in aggregate principal amount of the Securities of such series then Outstanding affected by such modification or amendment (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer
for, such Securities). Without the consent of each Holder affected hereby, however, an amendment or waiver may not: 
 (i) reduce the principal amount of Securities of any series whose Holders must consent to an amendment, supplement or waiver; 

(ii) reduce the rate of or change or have the effect of changing the time for payment of interest, including
Defaulted Interest, on any Securities; 

  
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 (iii) reduce the principal amount of or change or have the effect of
changing the stated maturity of the principal of, or any installment of principal of, any Securities, or change the date on which any Securities may be subject to redemption, or reduce any premium payable upon the redemption thereof or the
Redemption Price therefor; 
 (iv) make any Securities payable in money other than that stated in the Securities;

 (v) make any change in the provisions of this Indenture entitling each Holder to receive payment of principal
of, premium and interest on such Securities on or after the Stated Maturity thereof (or, in the case of redemption, on or after the redemption date) or to bring suit to enforce such payment, or permitting Holders of a majority in principal amount of
Outstanding Notes to waive Defaults or Events of Default; 
 (vi) amend, change or modify in any material respect
any obligation of the Company to make and consummate a Change of Control Offer in respect of a Change of Control Event that has occurred, to the extent any such Change of Control Offer may be required under the terms of any series of Securities;

 (vii) eliminate or modify in any manner the obligations of a Security Guarantor with respect to its Security
Guarantee which adversely affects Holders in any material respect, except as expressly otherwise provided for in this Indenture; or 
 (viii) change any obligation of the Company to maintain an office or agency in the place and for the purposes specified in Section 3.02. 
 Subject to Section 6.04, the Holder or Holders of a majority in aggregate principal amount of the Securities of such series then Outstanding may waive any existing Default or compliance by the
Company with any provision of this Indenture or the Securities of any series affected by such default or compliance. 
 (b) It
shall not be necessary for the consent of the Holders under this Section 10.02 to approve the particular form of any proposed amendment, supplement or waiver, but it shall be sufficient if such consent approves the substance thereof.

 (c) After an amendment, supplement or waiver under this Section becomes effective, the Company shall mail to the Holders
affected thereby a notice briefly describing the amendment, supplement or waiver. Any failure of the Company to mail such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such amendment, supplement o
waiver. Subject to Sections 6.04 and 6.07 hereof, the Holders of a majority in aggregate principal amount of the Securities then Outstanding affected may waive compliance in a particular instance by the Company with any provision of this
Indenture or such Securities. 
 SECTION 10.03. 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,

  
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duties and immunities under this Indenture of the Trustee, the Company and the Holders shall thereafter be determined, exercised and enforced hereunder subject in all respects to such
modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 

SECTION 10.04. Compliance with TIA; Documents to Be Given to Trustee. Every such supplemental indenture shall comply with the
TIA as then in effect. The Trustee, subject to the provisions of Sections 7.01 and 7.02, may receive an Officer’s Certificate and an Opinion of Counsel as conclusive evidence that any such supplemental indenture complies with the
applicable provisions of this Indenture. 
 SECTION 10.05. Notation on or Exchange of Securities. Securities
authenticated and delivered after the adoption of any amendment or supplement pursuant to the provisions of this Article may bear a notation approved by the Trustee as to form (but not as to substance) as to any matter provided for by such amendment
or supplement or as to any action taken at any such meeting. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Securities of any series then Outstanding will execute and upon Company Order the Trustee will
authenticate and make available for delivery new Securities of such series that reflects the changed terms. Failure to make the appropriate notation or to issue new Securities shall not affect the validity of such amendment or supplement.

 SECTION 10.06. Trustee to Sign Amendments and Supplements. Upon receipt of a Company Order accompanied by a
resolution of the Company’s Board of Directors authorizing the execution of a supplemental indenture pursuant to Section 10.01 or Section 10.02 hereof, and upon receipt by the Trustee of: 

(i) the documents described in Section 10.04 hereof; and 

(ii) with respect to an amendment pursuant to Section 10.02, evidence satisfactory to the Trustee of the consent of
the Holders as aforesaid, 
 the Trustee shall join with the Company in the execution of any amendment, supplement or waiver, including any
supplemental indenture, and to make any further appropriate agreements and stipulations which may be therein contained, unless such amendment, supplement or waiver 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 amendment, supplement or waiver. In signing such amendment, supplement or waiver, the Trustee shall be entitled to receive indemnity
reasonably satisfactory to it and to receive, and (subject to Sections 7.01 and 7.02) shall be fully protected in relying upon such evidence as it deems appropriate, including, without limitation, solely an Opinion of Counsel and an Officer’s
Certificate stating that such amendment, supplement or waiver is authorized or permitted by this Indenture and that all conditions precedent to the execution of such amendment, supplement or waiver have been complied with. 

  
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 ARTICLE XI 
 SECURITY GUARANTEES 
 SECTION 11.01. Applicability of the Article;
Company’s Option to Implement Security Guarantees. If pursuant to Section 2.03 provision is made for the applicability of either Security Guarantees with respect to the Securities of a series under this Article XI, then the provisions
of this Article XI, together with the other provisions of the Securities of such series, shall be applicable to the Securities of such series, as such provisions may be modified by any supplemental indenture in respect of such series of Securities.

 SECTION 11.02. Security Guarantees. (a) Each Security Guarantor hereby fully and unconditionally guarantees,
jointly and severally with each other Security Guarantor, to each Holder and the Trustee, the full and punctual payment when due, whether at maturity, by acceleration, by redemption or otherwise, of the obligations (such guaranteed obligations, the
“Guaranteed Obligations”) of the Securities of any series that are subject to Security Guarantees. Unless terminated hereunder, each such Security Guarantor further agrees (to the extent permitted by law) that such obligations may
be extended or renewed, in whole or in part, without notice or further assent from it, and that it shall remain bound by the provisions of this Article XI, to the extent otherwise applicable, notwithstanding any extension or renewal of any such
obligation. Each Security Guarantor hereby agrees to pay, in addition to the amounts stated above, any and all expenses (including reasonable counsel fees and expenses) incurred by the Trustee or the Holders in enforcing or exercising any rights
under any Security Guarantee. 
 (b) Each Security Guarantor waives presentation to, demand of payment from and protest to the
Company of any of the obligations under such Securities or this Indenture and also waives notice of protest for nonpayment. Each Security Guarantor waives notice of any default under this Indenture, the Securities of such series or any other
agreement. The obligations of each Security Guarantor hereunder shall not be affected by (i) the failure of any Holder to assert any claim or demand or to enforce any right or remedy against the Company or any other Person under this Indenture,
the Securities or any other agreement or otherwise; (ii) any extension or renewal of any thereof; (iii) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Securities of such series or
any other agreement; (iv) the release of any security held by any Holder or the Trustee for the obligations under the Securities or this Indenture; (v) the failure of any Holder to exercise any right or remedy against the other Security
Guarantors with respect to the Securities of such series; or (vi) any change in the ownership of the Company. 
 (c) Each
Security Guarantor further agrees that its Security Guarantee herein constitutes a guarantee of payment when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder to any security held for
payment of the obligations under such Securities. 
 (d) The obligations of each Security Guarantor hereunder shall not be
subject to any reduction, limitation, impairment or termination for any reason (other than payment of the obligations under the Securities in full), including any claim of waiver, release, surrender,

  
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alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or termination whatsoever or by reason of the invalidity, illegality or unenforceability of
the obligations under the Securities or this Indenture. Without limiting the generality of the foregoing, the obligations of each Security Guarantor herein shall not be discharged or impaired or otherwise affected by the failure of any Holder to
assert any claim or demand or to enforce any remedy under this Indenture, the Securities or any other agreement, by any waiver or modification of any thereof, by any default, failure or delay, willful or otherwise, in the performance of the
obligations under the Securities or this Indenture, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of such Security Guarantor or would otherwise operate
as a discharge of such Security Guarantor as a matter of law or equity. 
 (e) Each Security Guarantor further agrees that its
Security Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any of the Company’s obligations with respect to the Securities of such
series is rescinded or must otherwise be restored by any Holder upon the bankruptcy or reorganization of the Company or otherwise. 
 (f) In furtherance of the foregoing and not in limitation of any other right which the Trustee or any Holder has at law or in equity against each Security Guarantor by virtue hereof, upon the failure of
the Company to pay any of the Company’s obligations with respect to the Securities of such series when and as the same shall become due, whether at maturity, by acceleration, by redemption or otherwise, each Security Guarantor hereby promises
to and will, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the Holders an amount equal to the sum of: 
 (i) the unpaid amount of such obligations then due and owing; and 

(ii) accrued and unpaid interest on such obligations under the Securities and this Indenture then due and owing (but only
to the extent not prohibited by law); 
 provided, that any delay by the Trustee in giving such written demand shall in no event affect
any Security Guarantor’s obligations under its Security Guarantee. 
 (g) Each Security Guarantor further agrees that, as
between such Security Guarantor on the one hand, and the Holders, on the other hand: 
 (i) the maturity of the
obligations with respect to Securities of such series guaranteed hereby may be accelerated as provided in this Indenture for the purposes of its Security Guarantee herein, notwithstanding any stay, injunction or other prohibition preventing such
acceleration in respect of such obligations; and 
 (ii) in the event of any such declaration of acceleration of
such obligations, such obligations (whether or not due and payable) shall forthwith become due and payable by such Security Guarantor for the purposes of such Security Guarantee. 

SECTION 11.03. Limitation on Liability; Termination; Release and Discharge.

  
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(a) The obligations of each Security Guarantor hereunder with respect to the Securities of any series shall be limited to the maximum amount as shall, after giving effect to all other
contingent and fixed liabilities of such Security Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Security Guarantor in respect of the obligations of such other Security Guarantor under its
Security Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Security Guarantor under its Security Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or
state law. 
 (b) If no Default or Event of Default has occurred and is continuing, a Security Guarantor will be released and
relieved of its obligations under its Security Guarantee: 
 (i) automatically upon any sale, exchange or transfer, whether by
way of merger or otherwise, to any Person that is not an Affiliate of the Company, of all of the Company’s direct or indirect equity interests in the Security Guarantor; 
 (ii) automatically upon the liquidation and dissolution of the Security Guarantor; 

(iii) following delivery of a written notice by the Company to the Trustee, upon the release of all guarantees or other obligations of
the Security Guarantor with respect to the obligations of the Company or any of its Subsidiaries under the Senior Credit Facility; provided that if at any time following any release of a Security Guarantor from its guarantee of the Securities
pursuant to this subsection (iii), the Security Guarantor again guarantees, becomes a co-obligor with respect to or otherwise provides direct credit support for any of the obligations of the Company or any of its Subsidiaries under the Senior Credit
Facility, then the Company shall cause the Security Guarantor to again guarantee the Securities in accordance with this Indenture. 
 (c) If there is a Legal Defeasance or a Covenant Defeasance, or if the Company satisfies its obligations under the Securities pursuant to Section 9.01, then all of the Security Guarantors will be
released and relieved of their obligations under their respective Security Guarantees. 
 SECTION 11.04. Reserved.
[Reserved]. 
 SECTION 11.05. Right of Contribution. Each Security Guarantor that makes a payment or distribution
under a Security Guarantee will be entitled, upon payment in full of all Guaranteed Obligations under the Securities, to a contribution from each other Security Guarantor in an amount equal to such other Security Guarantor’s pro rata
portion of such payment, based on the respective net assets of all the Security Guarantors at the time of such payment determined in accordance with GAAP. The provisions of this Section 11.05 shall in no respect limit the obligations and
liabilities of each Security Guarantor to the Trustee and the Holders and each Security Guarantor shall remain liable to the Trustee and the Holders for the full amount guaranteed by such Security Guarantor hereunder. 

  
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 SECTION 11.06. No Subrogation. Each Security Guarantor agrees that it shall not
be entitled to any right of subrogation in respect of any Guaranteed Obligations until payment in full in cash or cash equivalents of all the Company’s obligations under the relevant Securities. If any amount shall be paid to any Security
Guarantor on account of such subrogation rights at any time when all of the such obligations shall not have been paid in full in cash or cash equivalents, such amount shall be held by such Security Guarantor in trust for the Trustee and the Holders,
segregated from other funds of such Security Guarantor, and shall, forthwith upon receipt by such Security Guarantor, be turned over to the Trustee in the exact form received by such Security Guarantor (duly endorsed by such Security Guarantor to
the Trustee, if required), to be applied against the such obligations. 
 ARTICLE XII 

CONCERNING THE HOLDERS 
 SECTION 12.01. Evidence of Action Taken by Holders. Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by
Holders of any series may be embodied in and evidenced: 
 (a) by one or more instruments of substantially similar tenor signed
by such Holders in person or by agent duly appointed in writing; 
 (b) by the record of the Holders of Securities of such
series voting in favor thereof at any meeting of Holders duly called and held; or 
 (c) by a combination of such instrument or
instruments and any such record of such a meeting of Holders; 
 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 7.01 and 7.02)
conclusive in favor of the Trustee and the Company, if made in the manner provided in this Article. 
 SECTION 12.02.
Proof of Execution of Instruments and of Holding of Securities; Record Date. Subject to Sections 7.01 and 7.02, the execution of any instrument by a Holder or his agent or proxy may be proved in accordance with such reasonable rules and
regulations as may be prescribed by the Trustee or in such manner as shall be satisfactory to the Trustee. The holding of Securities shall be proved by the Security Register or by a certificate of the Registrar thereof. The Company may set a record
date for purposes of determining the identity of holders of Securities entitled to vote or consent to any action referred to in Section 12.01, 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 resolicitation) not more than 90 days nor less than 20 days prior to the proposed date of such vote or consent, and thereafter, notwithstanding any other provisions hereof, only holders of
Securities of record on such record date shall be entitled to so vote or give such consent or to withdraw such vote or consent. 

  
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 SECTION 12.03. Who May Be Deemed Owners of Securities. The Company, the Trustee,
any Paying Agent and any Registrar may deem and treat the person in whose name any Security of any series shall be registered in the Security Register on the applicable record date 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 premium, if any) and interest, if any, on such Security and for all other
purposes; and neither the Company nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary. All such payments so made to, or upon the order of, any Holders shall be valid, and, to the extent of the sum
or sums so paid, effectual to satisfy and discharge the liability of moneys payable upon any such Security. 

SECTION 12.04. Record Date for Action by Holders. Whenever in this Indenture it is provided that Holders of a specified
percentage in aggregate principal amount of the Securities of any series may take any action (including the making of any demand or request, the giving of any direction, notice, consent or waiver or the taking of any other action), other than any
action taken at a meeting of Holders of such series, the Company, pursuant to a resolution of its Board of Directors, or the Holders of at least 10% in aggregate principal amount of the Securities of such series then Outstanding, may request the
Trustee to fix a record date for determining Holders entitled to notice of and to take any such action. In case the Company or the Holders of Securities of such series in the amount above specified shall desire to request Holders of such series to
take any action and shall request the Trustee to fix a record date with respect thereto by written notice setting forth in reasonable detail the Holder action to be requested, the Trustee shall promptly (but in any event within five days of receipt
of such request) fix a record date that shall be a business day not less than 15 nor more than 20 days after the date on which the Trustee receives such request. If the Trustee shall fail to fix a record date as hereinabove provided, then the
Company or the Holders of Securities of such series in the amount above specified may fix the same by mailing written notice thereof (the record date so fixed to be a business day not less than 15 nor more than 20 days after the date on which
such written notice shall be given) to the Trustee. If a record date is fixed according to this Section 12.04, only persons shown as Holders of the Securities of such series on the Security Register at the close of business on the record date
so fixed shall be entitled to take the requested action and the taking of such action by the Holders of Securities of such series on the record date of the required percentage of the aggregate Principal Amount of the Securities shall be binding on
all Holders of such series; provided, that the taking of the requested action by the Holders of Securities of such series on the record date of the percentage in aggregate Principal Amount of the Securities in connection with such action
shall have been evidenced to the Trustee, as provided in Section 12.01, not later than 180 days after such record date. 

SECTION 12.05. Right of Revocation of Action Taken. At any time prior to (but not after) the evidencing to the Trustee, as
provided in Section 12.01, of the taking 

  
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of any action by the Holders of the percentage in aggregate Principal Amount of the Securities of any series 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 of the series 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, 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 series specified in this Indenture in connection with such action shall be conclusively binding upon the Company, the Trustee and the holders of all the Securities of such series. 

ARTICLE XIII 

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY 
 SECTION 13.01. Company to Furnish Trustee Names and Addresses of Holders. The Company will furnish or cause to be furnished to the Trustee: 

(a) semi-annually, not later than 15 days after the Regular Record Date for each series of Securities, a list, in such form as the
Trustee may reasonably require, of the names and addresses of the Holders of Securities as of such Regular Record Date (unless the Trustee has such information), or if there is no Regular Record Date for interest for such series of Securities,
semi-annually, upon such dates as are set forth in the Board Resolution or indenture supplemental hereto authorizing such series, and 
 (b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request, a list of similar form and content as of a date not more than
15 days prior to the time such list is furnished; 
 provided, however, that so long as the Trustee is the Registrar, no such
list shall be required to be furnished. 
 SECTION 13.02. Preservation of Information; Communications to Holders.

 (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders
contained in the most recent list furnished to the Trustee as provided in Section 13.01 and the names and addresses of Holders received by the Trustee in its capacity as the Registrar. The Trustee may destroy any list furnished to it as
provided in Section 13.01 upon receipt of a new list so furnished. 
 (b) If three or more Holders (referred to in this
Section 13.02(b) as “applicants”) apply in writing to the Trustee, and furnish to the Trustee reasonable proof that each such 

  
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applicant has owned a Security for a period of at least six months preceding the date of such application, and such application states that the applicants desire to communicate with other Holders
with respect to their rights under this Indenture or under the Securities and is accompanied by a copy of the form of proxy or other communication which such applicants propose to transmit, then the Trustee shall, within five Business Days after the
receipt of such application, at its election, either 
 (i) afford such applicants access to the information
preserved at the time by the Trustee in accordance with Section 13.02(a); or 
 (ii) inform such applicants
as to the approximate number of Holders whose names and addresses appear in the information preserved at the time by the Trustee in accordance with Section 13.02(a), and as to the approximate cost of mailing to such Holders the form of proxy or
other communication, if any, specified in such application. 
 If the Trustee shall elect not to afford such applicants access
to such information, the Trustee shall, upon the written request of such applicants, mail to each Holder whose name and address appears in the information preserved at the time by the Trustee in accordance with Section 13.02(a) a copy of the
form of proxy or other communication which is specified in such request, with reasonable promptness after a tender to the Trustee of the material to be mailed and of payment, or provision for the payment, of the reasonable expenses of mailing,
unless within five days after such tender the Trustee shall mail to such applicants and file with the SEC, together with a copy of the material to be mailed, a written statement to the effect that, in the opinion of the Trustee, such mailing would
be contrary to the best interest of the Holders or would be in violation of applicable law. Such written statement shall specify the basis of such opinion. If the SEC, after opportunity for a hearing upon the objections specified in the written
statement so filed, shall enter an order refusing to sustain any of such objections or if, after the entry of an order sustaining one or more of such objections, the SEC shall find, after notice and opportunity for hearing, that all objections so
sustained have been met and shall enter an order so declaring, the Trustee shall mail copies of such material to all such Holders with reasonable promptness after the entry of such order and the renewal of such tender; otherwise the Trustee shall be
relieved of any obligation or duty to such applicants respecting their application. 
 (c) Every Holder of Securities, by
receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held accountable by reason of the disclosure of any such information as to the names and
addresses of the Holders in accordance with Section 13.02(b), regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made
under Section 13.02(b). 
 SECTION 13.03. Reports by the Trustee. (a) The Trustee shall transmit to
Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. If required by Section 313(a) of the Trust
Indenture Act, the Trustee shall, within 60 days after each May 15th following the date of this Indenture (commencing May 15, 2008) deliver to Holders a brief report, dated as of such May 15th, which complies with the provisions of
such Section 313(a). 

  
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 (b) A copy of each such report shall, at the time of such transmission to Holders, be filed
by the Trustee with each securities exchange upon which Securities of any series are listed, with the SEC and with the Company. The Company will promptly notify the Trustee when any Securities are listed on any securities exchange and of any
delisting thereof. 
 ARTICLE XIV 
 MISCELLANEOUS 
 SECTION 14.01. Trust Indenture Act Controls. If any
provision of this Indenture limits, qualifies or conflicts with another provision which is required to be included in this Indenture by the Trust Indenture Act, the provision required by the Trust Indenture Act shall control. 

SECTION 14.02. Notices. 
 (a) Any notice or communication shall be in writing and delivered in person or mailed by first-class mail, postage prepaid, addressed as follows: 

if to the Company: Southwest Energy Company, 2350 North Sam Houston Parkway East, Suite 125, Houston, Texas 77032; 

if to the Trustee: The Bank of New York Mellon Trust Company, N.A., 2 North LaSalle Street, Suite 1020, Chicago, Illinois 60602,
Attention: Corporate Trust. 
 The Company or the Trustee by notice to the other may designate additional or different addresses for subsequent
notices or communications. 
 (b) Any notice or communication mailed to a registered Holder shall be mailed or delivered by an
overnight delivery service to the Holder at the Holder’s address as it appears on the Security Register and shall be sufficiently given if so mailed or delivered within the time prescribed. Failure to mail a notice or communication to a Holder
or any defect in it shall not affect its sufficiency with respect to other Holders. In case by reason of suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification
to Holders as shall be made with the approval of the Trustee, which approval shall not be unreasonably withheld, shall constitute a sufficient notification to such Holders for every purpose hereunder. 

(c) Any notices or communications given to the Trustee shall be effective only upon actual receipt by the Trustee at its Corporate Trust
Office, and any notices or communications given to the Company shall be effective only upon actual receipt by the Company at the address shown in Section 14.02(a). 
 (d) Any notice or communication delivered to the Company under the provisions herein shall constitute notice to the Security Guarantors, if any. 

(e) The Trustee shall have the right, but shall not be required, to rely upon and comply with instructions and directions sent by e-mail,
facsimile and other similar unsecured electronic methods by Persons believed by the Trustee to be authorized to give instructions and directions on behalf of the Company; provided that no such reliance shall be permitted in cases of willful
misconduct, bad faith or negligence. The Trustee shall have no duty or obligation to 

  
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verify or confirm that the person who sent such instructions or directions is, in fact, a person authorized to give instructions or directions on behalf of the Company; and (absent negligence,
bad faith or willful misconduct) the Trustee shall have no liability for any losses, liabilities, costs or expenses incurred or sustained by the Company as a result of such reliance upon or compliance with such notices, instructions, directions or
other communications. The Company shall use all reasonable endeavors to ensure that any such notices, instructions, directions or other communications transmitted to the Trustee pursuant to this Indenture are complete and correct. Any such notices,
instructions, directions or other communications shall be conclusively deemed to be valid instructions from the Company to the Trustee for the purposes of this Indenture. 
 (f) 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. The Trustee may waive notice to it of any provision herein, and such waiver shall be deemed to be for its convenience and discretion. 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. 
 (g) Holders may communicate
pursuant to TIA § 312(b) with other Holders with respect to their rights under this Indenture or the Securities. The Company, any Security Guarantors, the Trustee, the Registrar and anyone else shall have the protection of TIA § 312(c).

 SECTION 14.03. Certificate and Opinion as to Conditions Precedent. Upon any request or application by the Company
to the Trustee to take or refrain from taking any action under this Indenture, the Company shall furnish to the Trustee: 
  

	 	(a)	an Officer’s Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture relating to the proposed
action have been complied with; and 

  

	 	(b)	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. 

SECTION 14.04. Statements Required in Certificate or Opinion. Each Officer’s Certificate or Opinion of Counsel with
respect to compliance with a covenant or condition provided for in this Indenture shall include: 
 (1) a
statement that the individual making such certificate or opinion has read such covenant or condition and the definitions herein relating thereto; 

  
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 (2) a brief statement as to the nature and scope of the examination or
investigation upon which the statements or opinions contained in such certificate or opinion are based; 
 (3) a
statement that, in the opinion of such individual, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(4) a statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied
with. 
 Any certificate, statement or opinion of an Officer of the Company 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 or information which is in the possession of the
Company, upon the certificate, statement or opinion of or representations by an Officer or Officers of the Company 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 Company 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 Company unless such Officer or counsel 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. 

SECTION 14.05. Rules by Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by, or a
meeting of, Holders. The Registrar and the Paying Agent may make reasonable rules for their functions. 
 SECTION 14.06.
Legal Holidays. A “Legal Holiday” is a Saturday, a Sunday or other day on which commercial banking institutions are authorized or required by law, regulation or executive order to be closed in New York City. If a payment date
is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.

 SECTION 14.07. Parties. Nothing expressed or mentioned herein is intended or shall be construed to give any
Person, firm or corporation, other than the Holders of the Securities and the Trustee, any legal or equitable right, remedy or claim under or in respect of this Indenture or any provision herein contained. 

  
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 SECTION 14.08. Governing Law, Etc. 

(a) THIS INDENTURE (INCLUDING ANY SECURITY GUARANTEES) AND THE SECURITIES OF ANY SERIES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAW OF THE STATE OF NEW YORK. EACH OF THE PARTIES HERETO, AND EACH HOLDER OF A SECURITY BY ITS ACCEPTANCE THEREOF, HEREBY IRREVOCABLY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO
THIS INDENTURE OR THE SECURITIES OF ANY SERIES OR ANY TRANSACTION RELATED HERETO OR THERETO TO THE FULLEST EXTENT PERMITTED BY LAW. 
 (b) Each of the Company and any Security Guarantor hereby: 
 (i)
agrees that any suit, action or proceeding against it arising out of or relating to this Indenture (including any Security Guarantees) or the Securities of any series, as the case may be, may be instituted in any Federal or state court sitting in
the Borough of Manhattan, The City of New York; 
 (ii) waives to the fullest extent permitted by applicable law,
any objection which it may now or hereafter have to the laying of venue of any such suit, action or proceeding, and any claim that any suit, action or proceeding in such a court has been brought in an inconvenient forum; 

(iii) irrevocably submits to the non-exclusive jurisdiction of such courts in any suit, action or proceeding; 

(iv) agrees that final judgment in any such suit, action or proceeding brought in such a court shall be conclusive and
binding may be enforced in the courts of the jurisdiction of which it is subject by a suit upon judgment; and 

(v) agrees that service of process by mail to the addresses specified herein shall constitute personal service of such
process on it in any such suit, action or proceeding. 
 (c) Nothing in this Section 14.08 shall affect the right of the
Trustee or any Holder of Securities to serve process in any other manner permitted by law. 
 SECTION 14.09. No Recourse
Against Others. An incorporator, director, officer, employee, stockholder or controlling Person, as such, of the Company or any Security Guarantor shall not have any liability for any obligations of the Company under any Security of any series,
this Indenture or any Security Guarantee or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting of the Securities of such series, each Holder shall waive and release all such liability. The waiver
and release shall be part of the consideration for the issue of the Securities of such series. 

  
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 SECTION 14.10. Successors. All agreements of the Company and any Security
Guarantor in this Indenture and the Securities of any series shall bind its respective successors. All agreements of the Trustee in this Indenture shall bind its successors. 
 SECTION 14.11. Duplicate and Counterpart Originals. The parties may sign any number of copies of this Indenture. One signed copy is enough to prove this Indenture. This Indenture may be
executed in any number of counterparts, each of which so executed shall be an original, but all of them together represent the same agreement. The exchange of copies of this Indenture and of signature pages by facsimile or electronic format
(i.e., “pdf” or “tif”) transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties
hereto transmitted by facsimile or electronic format (i.e., “pdf” or “tif”) shall be deemed to be their original signatures for all purposes. 
 SECTION 14.12. Severability. In case any provision in this Indenture or in the Securities of any series 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 14.13. Table of Contents;
Headings. The table of contents and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms
or provisions hereof. 
 SECTION 14.14. PATRIOT ACT Compliance. The parties hereto acknowledge that in accordance
with Section 326 of the USA PATRIOT ACT the Trustee, like all financial institutions, is required to obtain, verify, and record information that identifies each Person or legal entity that establishes a relationship or opens account with the
Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may reasonably request in order for the Trustee to satisfy the requirements of the USA PATRIOT ACT. 

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

			
	SOUTHWESTERN ENERGY COMPANY, as Company
		
	By:	 	  

		 	Name: 
		 	Title: 
	
	THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Name:
		 	Title:

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