Document:

Exhibit 4.2

    

    

    OCCIDENTAL PETROLEUM CORPORATION

    

    

    Officer’s Certificate

    

    

    August 26, 2020

    

    

    Pursuant to Section 201 and Section 301 of the Indenture, dated as of August 8, 2019 (the “Indenture”), between Occidental Petroleum Corporation, a Delaware
      corporation (the “Company”), and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), the terms of the following three series of Securities to be
      issued pursuant to the Indenture are as follows:

    

    

    1.          Authorization. The establishment of three new series of Securities of the Company has been approved and authorized in accordance with the provisions of the Indenture
      pursuant to resolutions adopted by the Board of Directors of the Company (the “Board”) on June 23, 2020 and by the Pricing Committee of the Board on August 12, 2020.

    

    

    2.          Compliance with Covenants and Conditions Precedent. All covenants and conditions precedent provided for in the Indenture relating to the establishment of such series of
      Securities have been complied with.

    

    

    3.          Terms. The terms of the series of Securities established pursuant to this Officer’s Certificate shall be as follows:

    

    

    (i)          

    Title. The titles of the series of Securities are as follows:

    

    

    
      	
              (1)

            	
              the “5.875% Senior Notes due 2025” (the “2025 Notes”);

            

    

    

    

    
      	
              (2)

            	
              the “6.375% Senior Notes due 2028” (the “2028 Notes”); and

            

    

    

    

    
      	
              (3)

            	
              the “6.625% Senior Notes due 2030” (the “2030 Notes” and, together with the 2025 Notes and the 2028 Notes, the “Notes”).

            

    

    

    

    (ii)          

    Initial Aggregate Principal Amount. The initial aggregate principal amount of Notes of each series, which may be authenticated and delivered pursuant to the
      Indenture (except for Notes of such series authenticated and delivered upon registration of transfer of or in exchange for, or in lieu of, other Notes of such series pursuant to Sections 305, 306, 906 and 1107 of the Indenture), is as follows:

    

    

    
      	
              (1)

            	
              in the case of the 2025 Notes, $900,000,000;

            

    

    

    

    
      	
              (2)

            	
              in the case of the 2028 Notes, $600,000,000; and

            

    

    

    

    
      	
              (3)

            	
              in the case of the 2030 Notes, $1,500,000,000.

            

    

    

    

    (iii)          

    Book-Entry Form. The Notes of each series will be issued in book-entry form (“Book-Entry Notes”) and represented by
      one or more definitive global Notes (the “Global Notes”). The initial Depositary with respect to the Global Notes will be The Depository Trust Company. Book-Entry Notes of any series will not be exchangeable
      for Notes in definitive form (“Definitive Notes”) except as provided in Section 305 of the Indenture.

     

    

    
      
        

    

    
    (iv)          

    Persons to Whom Interest Payable. Interest payable on any Interest Payment Date (as defined below) with respect to a Note of any series will be paid to the
      Person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for the Notes of such series (whether or not a Business Day) with respect to such Interest Payment Date.

    

    

    (v)          

    Stated Maturity. The principal amount of the Notes of each series will be payable on the respective dates set forth below, subject to earlier redemption as
      set forth in paragraph (viii) below:

    

    

    
      	
              (1)

            	
              in the case of the 2025 Notes, September 1, 2025;

            

    

    

    

    
      	
              (2)

            	
              in the case of the 2028 Notes, September 1, 2028; and

            

    

    

    

    
      	
              (3)

            	
              in the case of the 2030 Notes, September 1, 2030.

            

    

    

    

    (vi)          

    Rate of Interest; Interest Payment Dates; Regular Record Dates; Accrual of Interest.

    

    

    The 2025 Notes will bear interest at the rate of 5.875% per annum. The 2028 Notes will bear interest at the rate of 6.375% per annum. The 2030 Notes will bear interest at the rate of 6.625% per
      annum. Interest on each series of Notes will be payable semi-annually in arrears on September 1 and March 1 of each year, commencing on March 1, 2021. The Regular Record Date for each series of Notes shall be the August 15 or February 15 (whether or
      not a Business Day), as the case may be, immediately preceding the applicable Interest Payment Date.

    

    

    “Interest Payment Date” refers to September 1 or March 1 of each year.

    

    

    The Notes of each series will bear interest from and including August 26, 2020 or from and including the most recent Interest Payment Date to or for which interest has been paid or duly provided
      until the principal thereof is paid or made available for payment. Interest payments on the Notes of each series shall be the amount of interest accrued from and including the most recent Interest Payment Date for such series for which interest has
      been paid or duly provided (or from and including August 26, 2020 if no interest has been paid or duly provided with respect to the Notes of such series), to but excluding the next succeeding Interest Payment Date for such series (or other day on
      which such payment of interest on the Notes of such series is due). Interest on the Notes of each series will be calculated on the basis of a 360-day year comprised of twelve 30-day months.

     

    

    
      2

      
        

    

    (vii)          

    Place of Payment; Registration of Transfer and Exchange; Notices to Company. Payment of the principal of and interest on the Notes of each series will be
      made at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York, or at the office or agency of the Trustee maintained for that purpose in the Borough of Manhattan, The City of New York, or at any other office or
      agency designated by the Company for such purpose; provided that, at the option of the Company, payment of interest due on any Interest Payment Date may be made by check mailed to the address of the Person
      entitled thereto as such address shall appear in the Security Register or by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the
      applicable Interest Payment Date. The Notes of each series may be presented for exchange and registration of transfer at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York, or at the office or agency of the
      Trustee maintained for that purpose in the Borough of Manhattan, The City of New York or at the office of any transfer agent hereafter designated by the Company for such purpose. Notices and demands to or upon the Company in respect of the Notes of
      any series and the Indenture may be mailed by regular mail, sent by overnight courier, delivered, e-mailed or faxed to Occidental Petroleum Corporation, 5 Greenway Plaza, Suite 110, Houston, Texas 77046, Attention: Treasurer, e-mail:
      TreasuryFinance@oxy.com, or, in each case, at any other address, fax number or e-mail address previously furnished by the Company by notice to the Trustee for itself and for the benefit of the Holders.

    

    

    (viii)          

    Redemption. The Notes of each series are not entitled to any mandatory redemption or sinking fund payments. The Notes of each series are redeemable, in
      whole at any time or in part from time to time, at the option of the Company on the terms and subject to the conditions set forth in the form of certificate evidencing the Notes of such series attached as an exhibit hereto and in the Indenture.

    

    

    (ix)          

    Denominations. The Notes of each series are issuable in denominations of $2,000 and integral multiples of $1,000 in excess thereof.

    

    

    (x)          

    Security Register; Paying Agent. The Security Register for the Notes of each series will be initially maintained at the Corporate Trust Office of the
      Trustee in the Borough of Manhattan, The City of New York or at the office of any transfer agent hereafter designated by the Company for such purpose. The Company hereby appoints the Trustee as the initial Securities Registrar, transfer agent and
      Paying Agent for the Notes of each series.

    

    

    (xi)          

    Further Issues. The Company may, from time to time, without notice to or the consent of the Holders of the Notes of any series, reopen the Notes of such
      series and issue additional Notes of such series.

    

    

    (xii)          

    Form. The certificates evidencing the Notes of each series will be in substantially the form set forth in Exhibit A, in the case of the 2025 Notes,
      Exhibit B, in the case of the 2028 Notes and Exhibit C, in the case of the 2030 Notes, each attached hereto; provided that if Definitive Notes of any series are issued in exchange for
      interests in Global Notes of such series, then the legend appearing on the first page and the “Schedule of Exchanges of Interests in the Global Note” appearing on the last page (and all references thereto) of the certificate evidencing the Notes of
      such series attached as an exhibit hereto, shall be removed from the Definitive Notes of such series. The Notes of each series shall have such other terms and provisions as are set forth in the form of certificate evidencing the Notes of such series
      attached as an exhibit hereto, all of which terms and provisions are incorporated by reference in and made a part of this Officer’s Certificate as if set forth in full herein.

     

    

    
      3

      
        

    

    (xiii)          

    Tax Withholding. In order for the Trustee to comply with Applicable Law that a foreign financial institution, or issuer, trustee, paying agent, holder or
      other institution is or has agreed to be subject to related to the Indenture, the Company agrees (i) to provide the Trustee sufficient information about Holders or other applicable parties and/or transactions (including any modification to the terms
      of such transactions) in the Company’s possession that is reasonably requested by the Trustee so that the Trustee can determine whether it has tax related obligations under Applicable Law, and (ii) that the Trustee and the Paying Agent shall be
      entitled to make any withholding or deduction from payments under the Indenture to the extent necessary to comply with Applicable Law.

    

    

    Terms (whether or not capitalized) that are defined in the Indenture and not otherwise defined herein have the meanings specified in the Indenture.

    

    

    The undersigned, for himself or herself, states, as an officer of the Company, not in his or her individual capacity, that he or she has read and is familiar with the provisions of Sections 102 and
      103 of the Indenture relating to the requirements as to content and form of this certificate, Article Two of the Indenture relating to the establishment of the form of certificate representing a series of Securities thereunder and Article Three of
      the Indenture relating to the establishment of a series of Securities thereunder and, in each case, the definitions therein relating thereto; that the statements made in this certificate are based upon an examination of the Notes of each series, upon
      an examination of and familiarity with Articles Two and Three of the Indenture and such definitions, upon his or her general knowledge of and familiarity with the affairs of the Company and its acts and proceedings and upon the performance of his or
      her duties as an officer of the Company; that, in his or her opinion, he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not the covenants and conditions referred
      to above have been complied with; and that in his or her opinion, with respect to the foregoing, the covenants and conditions provided for in the Indenture relating to the establishment of the Notes of each series as a series of Securities under the
      Indenture, and the Trustee’s authentication of such Notes, have been complied with.

     

    

    [signature page follows]

     

    

    
      4

      
        

    

    IN WITNESS WHEREOF, the undersigned has hereunto signed this certificate on behalf of the Company as of this 26th day of August, 2020.

    

    

    	 	
            OCCIDENTAL PETROLEUM CORPORATION

          
	 	 	 
	 	
            By:

          	/s/ Jaime Casas 
	 	
            Name:

          	
            Jaime Casas

          
	 	
            Title:

          	
            Vice President and Treasurer

          

    

    

    
      [Signature Page to Officer’s Certificate Establishing the Notes]

       

      

    

    
      
        

    

    Exhibit A

    

    

    Form of Certificate Evidencing the 5.875% Senior Notes due 2025

    

    

    [see attached]

    

    

    
      
        

    

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

    

    

    OCCIDENTAL PETROLEUM CORPORATION

    

    

    5.875% SENIOR NOTE DUE 2025

    

    

    	
            NO.

          	
            R-

          	
            PRINCIPAL AMOUNT:

          
	 	 	
            U.S. $

          

    

    

    	
            CUSIP: 674599EB7

          	 
	 	 
	
            ISIN: US674599EB77

          	 

    

    

    	
            ORIGINAL ISSUE DATE:

          	
            August 26, 2020

          
	
            MATURITY DATE:

          	
            September 1, 2025

          
	
            INTEREST RATE:

          	
            5.875% per annum

          
	
            INTEREST PAYMENT DATES:

          	
            September 1 and March 1, commencing March 1, 2021

          
	
            REGULAR RECORD DATES:

          	
            August 15 and February 15

          
	
            REDEMPTION DATE/PRICE:

          	
            See Further Provisions Set Forth Herein

          

    

    
      
        

    

    OCCIDENTAL PETROLEUM CORPORATION, a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the “Company,” which term includes any
      successor under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the lesser of (i) the Principal Amount specified above and (ii) the Principal Amount set forth on the
      Schedule of Exchanges of Interests in the Global Note attached hereto on the Maturity Date specified above (unless and to the extent earlier redeemed prior to such Maturity Date) and to pay interest thereon from August 26, 2020 or from the most
      recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on September 1 and March 1 in each year, commencing on March 1, 2021, at the rate per annum specified above, until the principal hereof is
      paid or made available for payment. Interest on this Note will be computed on the basis of a 360-day year comprised of twelve 30-day months. Interest payments for this Note will include interest accrued to but excluding each Interest Payment Date.
      The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of
      business on the Regular Record Date, which shall be the August 15 and February 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. If any Interest Payment Date or Maturity with respect to this
      Note falls on a day that is not a Business Day, the payment due on such Interest Payment Date or Maturity will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Maturity, and no
      interest shall accrue on the amount so payable for the period from and after such Interest Payment Date or Maturity, as the case may be, until such following Business Day. Except as otherwise provided in the Indenture, any Defaulted Interest will
      forthwith cease to be payable to the Holder on the Regular Record Date with respect to such Interest Payment Date by virtue of having been such Holder and may either (1) be paid to the Person in whose name this Note (or one or more Predecessor
      Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee (as defined below), notice of which will be given to Holders of Notes not less than 10 days prior to
      such Special Record Date, or (2) be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more
      fully provided in the Indenture. Payment of the principal of and interest on this Note will be made at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York, or at the office or agency of the Trustee maintained
      for that purpose in the Borough of Manhattan, The City of New York, or at any other office or agency designated by the Company for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for
      payment of public and private debts; provided that, at the option of the Company, payment of interest due on any Interest Payment Date may be made by check mailed to the address of the Person entitled
      thereto as such address shall appear in the Security Register or by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the applicable
      Interest Payment Date.

    

    

    
      
        

    

    Reference is hereby made to the further provisions of this Note set forth below, which further provisions shall for all purposes have the same effect as if set forth at this place.

    

    

    Unless the certificate of authentication hereon has been executed by the Trustee or its duly appointed co-authenticating agent by manual signature, this Note shall not be entitled to any benefit under the Indenture or
      be valid or obligatory for any purpose.

    

    

    [signature page follows]

     

    

    
      
        

    

    IN WITNESS WHEREOF, OCCIDENTAL PETROLEUM CORPORATION has caused this Note to be signed by the signature or facsimile signature of its Chairman of the Board, its President, a Vice President, its Treasurer or an Assistant
      Treasurer.

    

    

    	
            Dated:

          	 
	 	
            OCCIDENTAL PETROLEUM CORPORATION

          
	 	 
	 	

          	 
	 	
            Name:

          
	 	
            Title:

          

    
       

      

      [Signature Page to Note]

       

      

    

    
      
        

    

    TRUSTEE’S CERTIFICATE OF AUTHENTICATION

    

    

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

    

    

    Dated:

    

    

    The Bank of New York Mellon Trust Company, N.A., as Trustee

    

    

    	 	 	 
	
            By:

          	 	 
	 	

          	 
	 	
            Authorized Signatory

          	 

    

    

    
      [Signature Page to Trustee’s Certificate of Authentication]

       

      

    

    
      
        

    

    This Note is one of a duly authorized issue of securities (herein called the “Securities”) of the Company, issued and to be issued pursuant to the Indenture.
      This Note is one of a series designated by the Company as its 5.875% Senior Notes due 2025 (the “Notes”), limited in initial aggregate principal amount to $900,000,000. The Indenture does not limit the
      aggregate principal amount of the Securities.

    

    

    The Company issued this Note pursuant to an Indenture, dated as of August 8, 2019 (herein called the “Indenture” which term, for the purpose of this Note,
      shall include the Officer’s Certificate dated August 26, 2020, delivered pursuant to Sections 201 and 301 of the Indenture), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of
      rights, duties and immunities thereunder of the Company, the Trustee and Holders of the Notes and of the terms upon which the Notes are, and are to be, authenticated and delivered.

    

    

    The Notes are issuable in denominations of $2,000 and any amount in excess thereof which is an integral multiple of $1,000. As provided in the Indenture and subject to certain limitations therein set
      forth, the Notes are exchangeable for a like aggregate principal amount of Notes of like tenor of any authorized denomination, as requested by the Holder surrendering the same, upon surrender of the Note or Notes to be exchanged at any office or
      agency described below where Notes may be presented for registration of transfer.

    

    

    The Company may, from time to time, without notice to or the consent of the Holders of the Notes, reopen the Notes and issue additional Notes.

    

    

    The Notes are redeemable, in whole at any time or in part from time to time prior to June 1, 2025 (the “Par Call Date”), at the option of the Company at a
      Redemption Price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the
      Notes to be redeemed through the Par Call Date (not including any portion of such payments of interest accrued to, but not including, the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year comprised of
      twelve 30-day months) at the Treasury Rate (as defined herein) plus 50 basis points plus, in each case, accrued and unpaid interest on the principal amount of the Notes being redeemed to, but not including, the Redemption Date. On and after the Par
      Call Date, the Notes are redeemable, in whole at any time or in part from time to time, at the option of the Company at a Redemption Price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on the
      principal amount of the Notes being redeemed to, but not including, the Redemption Date. Notwithstanding the foregoing, installments of interest whose Stated Maturity is on or prior to the relevant Redemption Date shall be payable to the Holders of
      the Notes, or one or more Predecessor Securities, of record at the close of business on the relevant Regular Record Dates according to their terms and the provisions of the Indenture.

    

    

    “Treasury Rate” means, with respect to any Redemption Date, the rate per annum, as determined by the Quotation Agent, equal to:

     

    

    
      
        

    

    
      	
              ●

            	
              the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
                Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
                corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this purpose, that the Notes mature on the Par Call Date),
                yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the
                nearest month; or

            

    

    

    

    
      	
              ●

            	
              if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
                Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.

            

    

    

    

    The Treasury Rate will be calculated at 5:00 p.m. (New York City time) on the third Business Day preceding the Redemption Date by the Quotation Agent.

    

    

    “Comparable Treasury Issue” means, with respect to any Redemption Date, the United States Treasury security selected by the Quotation Agent that would be
      utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes (assuming, for this purpose, that the Notes mature on
      the Par Call Date).

    

    

    “Comparable Treasury Price” means, with respect to any Redemption Date, (1) the average of the Reference Treasury Dealer Quotations for such Redemption Date,
      after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than three Reference Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations, such average in
      any case to be determined by the Quotation Agent, or (3) if only one Reference Treasury Dealer Quotation is received, such Reference Treasury Dealer Quotation.

    

    

    “Quotation Agent” means, with respect to any Redemption Date, the Reference Treasury Dealer appointed by the Company.

    

    

    “Reference Treasury Dealer” means, with respect to any Redemption Date, each of (1) J.P. Morgan Securities LLC and RBC Capital Markets, LLC (or their
      respective affiliates that are primary U.S. Government securities dealers) and their respective successors; provided, however, that if any of them shall cease to be a primary U.S. Government securities dealer in the United States of America (a
      “Primary Treasury Dealer”), the Company shall substitute for it another Primary Treasury Dealer; (2) a Primary Treasury Dealer selected by SMBC Nikko Securities America, Inc.; (3) a Primary Treasury Dealer selected by MUFG Securities Americas Inc.;
      and (4) any other Primary Treasury Dealer or Dealers selected by the Company.

     

    

    
      
        

    

    “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the
      Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m. (New York City
      time) on the third Business Day in The City of New York preceding such Redemption Date. Notice of any redemption will be sent at least 10 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed, all as
      more fully provided in the Indenture. Unless the Company defaults in payment of the Redemption Price (or any accrued and unpaid interest on the Notes or portions thereof to be redeemed), on and after the Redemption Date interest will cease to accrue
      on the Notes or portions thereof called for redemption. If less than all of the Notes are to be redeemed, the Notes (or portions thereof) to be redeemed shall be selected, in the case of Global Notes, in accordance with the policies and procedures of
      the depository or, in the case of Definitive Notes, by the Trustee by such method as the Trustee shall deem fair and appropriate, all as more fully provided in the Indenture.

    

    

    All notices of redemption shall state the Redemption Date, the Redemption Price (or, if not then ascertainable, the manner of calculation thereof), if fewer than all the Outstanding Notes are to be
      redeemed, the identification (and, in the case of partial redemption, the principal amounts) of the particular Notes to be redeemed, that on the Redemption Date the Redemption Price will become due and payable upon each Note, or portion thereof, to
      be redeemed, together with accrued and unpaid interest thereon, that interest on each Note, or portion thereof, called for redemption will cease to accrue on the Redemption Date and the place or places where Notes may be surrendered for redemption.

    

    

    In the event of redemption of this Note in part only, a new Note or Notes of like tenor in an aggregate principal amount equal to and in exchange for the unredeemed portion of the principal amount
      hereof will be issued in authorized denominations in the name of the Holder hereof upon surrender hereof.

    

    

    For all purposes of this Note and the Indenture, unless the context otherwise requires, all provisions relating to the redemption by the Company of this Note shall relate, in the case that this Note
      is redeemed, or to be redeemed, by the Company only in part, to that portion of the principal amount of this Note that has been, or is to be, redeemed.

    

    

    If an Event of Default with respect to the Notes shall occur and be continuing, the principal of and accrued interest on the Notes may be declared due and payable in the manner and with the effect
      provided in the Indenture.

    

    

    
      
        

    

    The Indenture permits, in certain circumstances therein specified, the amendment thereof without the consent of the Holders of the Securities. The Indenture also permits, with certain exceptions as
      therein provided, the amendment thereof and the modification of the rights and obligations under the Indenture of the Company and the rights of Holders of the Securities of each series to be affected under the Indenture at any time by the Company and
      the Trustee with the consent of (i) the Holders of not less than a majority in principal amount of the Outstanding Securities of all series voting as a single class or (ii) if fewer than all of the series of the Outstanding Securities are affected by
      such addition, change, elimination, or modification, the Holders of not less than a majority in principal amount of the Outstanding Securities of all series so affected voting as a single class (including, for the avoidance of doubt, consents
      obtained in connection with a purchase of, or tender offer or exchange for, such debt securities). The Indenture also contains provisions permitting the Holders of not less than a majority in aggregate principal amount of the Outstanding Securities
      of any series, on behalf of the Holders of all Outstanding Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent
      or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not
      notation of such consent or waiver is made upon this Note.

    

    

    No reference herein to the Indenture and no provision of this Note, subject to the provisions for satisfaction and discharge in Article Four of the Indenture, shall alter or impair the obligation of
      the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

    

    

    The Indenture permits the Company, by irrevocably depositing cash or U.S. Government Obligations, in amounts and maturities sufficient to pay and discharge at the Stated Maturity or Redemption Date,
      as the case may be, the entire indebtedness on all Outstanding Notes with the Trustee in trust, solely for the benefit of the Holders of all Outstanding Notes, to defease the Indenture with respect to the Notes (subject to specified exceptions), and,
      upon such deposit and satisfaction of the other conditions set forth in the Indenture, the Company shall be deemed to have paid and discharged its entire indebtedness on the Notes.

    

    

    As provided in the Indenture and subject to certain limitations therein set forth, the transfer of Notes is registrable in the Security Register, upon surrender of a Note for registration of transfer
      at the Corporate Trust Office of the Trustee or at the office or agency of the Trustee maintained for such purpose in the Borough of Manhattan, The City of New York, or at such other offices or agencies as the Company may designate, duly endorsed by,
      or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by the Holder thereof or his attorney duly authorized in writing, and thereupon one or more new Notes of like tenor, of
      authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

    

    

    No service charge shall be made by the Company, the Trustee or the Security Registrar for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to
      cover any tax or other governmental charge payable in connection therewith (other than exchanges pursuant to Sections 304, 305, 906 or 1107 of the Indenture not involving any transfer).

    

    

    Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as
      the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

    

    

    
      
        

    

    This Note shall be governed by and construed in accordance with the law of the State of New York (without regard to conflicts of laws principles thereof).

    

    

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

    

    

    All undefined terms (whether or not capitalized) used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

     

    

    
      
        

    

    ASSIGNMENT FORM

    

    

    To assign this Note, fill in the form below:

     

    

    	
            (I) or (we) assign and transfer this Note to

          
	 
	 
	
            (Insert assignee’s soc. sec. or tax I.D. no.)

          
	 
	 
	 
	 
	 
	 
	 
	 
	
            (Print or type assignee’s name, address and zip code)

          
	 

    

    

    and irrevocably appoint 

    ____________________________________________________________________________________________________________________________________________________

    

    to transfer this Note on the books of the Company. The agent may substitute another to act for him.

    

    

    
      	 	 	 	 	 
	
              Date:

            	 	 	 	 
	 	 	 	
              Your Signature:

            	 
	 	 	 	 
	 	 	 	 	
              (Sign exactly as your name(s) 

              appear(s) on the face of this

               Note)

            
	
              Signature Guarantee*

            	 	 	 
	 	 	 	 	 
	 	 	 	 	 

    

    

    

    *NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion
      Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.

    

    

    
      
        

    

    SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE

    

    

    The initial outstanding principal amount of this Global Note is $          . The following exchanges of an interest in this Global Note for an interest in another Global Note or for a Definitive
      Note, or exchanges of an interest in another Global Note or Definitive Notes for an interest in this Global Note, have been made:

     

    

    
      	
              
                Date of Exchange

              

            	 	
              
                Amount of

                Decrease in

                Principal

                Amount of this

                Global Note

              

            	 	
              
                Amount of

                Increase in

                Principal

                Amount of this

                Global Note

              

            	 	
              
                Principal Amount

                of this Global

                Note Following

                Such Decrease

                (or Increase)

              

            	 	
              
                Signature of

                Authorized

                Officer of

                Trustee or

                Security

                Custodian

              

            
	

            	 	 	 	 	 	 	 	             
	

            	 	 	 	 	 	 	 	             

    

     

    

    
      
        

    

    Exhibit B

    

    

    Form of Certificate Evidencing the 6.375% Senior Notes due 2028

    

    

    [see attached]

    

    

    
      
        

    

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

    

    

    OCCIDENTAL PETROLEUM CORPORATION

    

    

    6.375% SENIOR NOTE DUE 2028

    

    

    	
            NO.

          	
            R-

          	
            PRINCIPAL AMOUNT:

          
	 	 	
            U.S. $

          
	
            CUSIP: 674599 EC5

          	 	 
	
            ISIN: US674599EC50

          	

          	 

    

    

    	
            ORIGINAL ISSUE DATE:

          	
            August 26, 2020

          
	
            MATURITY DATE:

          	
            September 1, 2028

          
	
            INTEREST RATE:

          	
            6.375% per annum

          
	
            INTEREST PAYMENT DATES:

          	
            September 1 and March 1, commencing 

            March 1, 2021

          
	
            REGULAR RECORD DATES:

          	
            August 15 and February 15

          
	
            REDEMPTION DATE/PRICE:

          	
            See Further Provisions Set Forth Herein

          

    

    

    OCCIDENTAL PETROLEUM CORPORATION, a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the “Company,” which term includes any
      successor under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the lesser of (i) the Principal Amount specified above and (ii) the Principal Amount set forth on the
      Schedule of Exchanges of Interests in the Global Note attached hereto on the Maturity Date specified above (unless and to the extent earlier redeemed prior to such Maturity Date) and to pay interest thereon from August 26, 2020 or from the most
      recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on September 1 and March 1 in each year, commencing on March 1, 2021, at the rate per annum specified above, until the principal hereof is
      paid or made available for payment. Interest on this Note will be computed on the basis of a 360-day year comprised of twelve 30-day months. Interest payments for this Note will include interest accrued to but excluding each Interest Payment Date.
      The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of
      business on the Regular Record Date, which shall be the August 15 and February 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. If any Interest Payment Date or Maturity with respect to this
      Note falls on a day that is not a Business Day, the payment due on such Interest Payment Date or Maturity will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Maturity, and no
      interest shall accrue on the amount so payable for the period from and after such Interest Payment Date or Maturity, as the case may be, until such following Business Day. Except as otherwise provided in the Indenture, any Defaulted Interest will
      forthwith cease to be payable to the Holder on the Regular Record Date with respect to such Interest Payment Date by virtue of having been such Holder and may either (1) be paid to the Person in whose name this Note (or one or more Predecessor
      Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee (as defined below), notice of which will be given to Holders of Notes not less than 10 days prior to
      such Special Record Date, or (2) be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more
      fully provided in the Indenture. Payment of the principal of and interest on this Note will be made at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York, or at the office or agency of the Trustee maintained
      for that purpose in the Borough of Manhattan, The City of New York, or at any other office or agency designated by the Company for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for
      payment of public and private debts; provided that, at the option of the Company, payment of interest due on any Interest Payment Date may be made by check mailed to the address of the Person entitled
      thereto as such address shall appear in the Security Register or by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the applicable
      Interest Payment Date.

    

    

    Reference is hereby made to the further provisions of this Note set forth below, which further provisions shall for all purposes have the same effect as if set forth at this place.

    

    

    Unless the certificate of authentication hereon has been executed by the Trustee or its duly appointed co-authenticating agent by manual signature, this Note shall not be entitled to any benefit under the Indenture or
      be valid or obligatory for any purpose.

    

    

    [signature page follows]

    

    

    
      
        

    

    IN WITNESS WHEREOF, OCCIDENTAL PETROLEUM CORPORATION has caused this Note to be signed by the signature or facsimile signature of its Chairman of the Board, its President, a Vice President, its Treasurer or an Assistant
      Treasurer.

    

    

    Dated:

    

    

    	 	
            OCCIDENTAL PETROLEUM CORPORATION

          
	 	 
	 	

          	 
	 	
            Name:

          
	 	
            Title:

          

    

    

    
      [Signature Page to Note]

       

      

    

    
      
        

    

    
      
        TRUSTEE’S CERTIFICATE OF AUTHENTICATION

        

        

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

        

        

        Dated:

        

        

        The Bank of New York Mellon Trust Company, N.A., as Trustee

        

        

        	
                By:

              	 	 
	 	
                Authorized Signatory

              	 

        

        

        [Signature Page to Trustee’s Certificate of Authentication]

        

        

        
          
            

        

        This Note is one of a duly authorized issue of securities (herein called the “Securities”) of the Company, issued and to be issued pursuant to the
          Indenture. This Note is one of a series designated by the Company as its 6.375% Senior Notes due 2028 (the “Notes”), limited in initial aggregate principal amount to $600,000,000. The Indenture does not
          limit the aggregate principal amount of the Securities.

        

        

        The Company issued this Note pursuant to an Indenture, dated as of August 8, 2019 (herein called the “Indenture” which term, for the purpose of this Note,
          shall include the Officer’s Certificate dated August 26, 2020, delivered pursuant to Sections 201 and 301 of the Indenture), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights,
          limitations of rights, duties and immunities thereunder of the Company, the Trustee and Holders of the Notes and of the terms upon which the Notes are, and are to be, authenticated and delivered.

        

        

        The Notes are issuable in denominations of $2,000 and any amount in excess thereof which is an integral multiple of $1,000. As provided in the Indenture and subject to certain limitations therein
          set forth, the Notes are exchangeable for a like aggregate principal amount of Notes of like tenor of any authorized denomination, as requested by the Holder surrendering the same, upon surrender of the Note or Notes to be exchanged at any office
          or agency described below where Notes may be presented for registration of transfer.

        

        

        The Company may, from time to time, without notice to or the consent of the Holders of the Notes, reopen the Notes and issue additional Notes.

        

        

        The Notes are redeemable, in whole at any time or in part from time to time prior to March 1, 2028 (the “Par Call Date”), at the option of the Company at a
          Redemption Price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on
          the Notes to be redeemed through the Par Call Date (not including any portion of such payments of interest accrued to, but not including, the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year
          comprised of twelve 30-day months) at the Treasury Rate (as defined herein) plus 50 basis points plus, in each case, accrued and unpaid interest on the principal amount of the Notes being redeemed to, but not including, the Redemption Date. On
          and after the Par Call Date, the Notes are redeemable, in whole at any time or in part from time to time, at the option of the Company at a Redemption Price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and
          unpaid interest on the principal amount of the Notes being redeemed to, but not including, the Redemption Date. Notwithstanding the foregoing, installments of interest whose Stated Maturity is on or prior to the relevant Redemption Date shall be
          payable to the Holders of the Notes, or one or more Predecessor Securities, of record at the close of business on the relevant Regular Record Dates according to their terms and the provisions of the Indenture.

        

        

        
          
            

        

        “Treasury Rate” means, with respect to any Redemption Date, the rate per annum, as determined by the Quotation Agent, equal to:

        

        

        
          
            
              	 	
                      ●

                    	
                      the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication
                        that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant
                        Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this purpose, that the
                        Notes mature on the Par Call Date), yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields
                        on a straight-line basis rounding to the nearest month; or

                    

            

          

        

        

        

        
          
            
              	 	
                      ●

                    	
                      if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to
                        maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.

                    

            

          

        

        

        

        The Treasury Rate will be calculated at 5:00 p.m. (New York City time) on the third Business Day preceding the Redemption Date by the Quotation Agent.

        

        

        “Comparable Treasury Issue” means, with respect to any Redemption Date, the United States Treasury security selected by the Quotation Agent that would be
          utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes (assuming, for this purpose, that the Notes
          mature on the Par Call Date).

        

        

        “Comparable Treasury Price” means, with respect to any Redemption Date, (1) the average of the Reference Treasury Dealer Quotations for such Redemption
          Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than three Reference Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations, such
          average in any case to be determined by the Quotation Agent, or (3) if only one Reference Treasury Dealer Quotation is received, such Reference Treasury Dealer Quotation.

        

        

        “Quotation Agent” means, with respect to any Redemption Date, the Reference Treasury Dealer appointed by the Company.

        

        

        “Reference Treasury Dealer” means, with respect to any Redemption Date, each of (1) J.P. Morgan Securities LLC and RBC Capital Markets, LLC (or their
          respective affiliates that are primary U.S. Government securities dealers) and their respective successors; provided, however, that if any of them shall cease to be a primary U.S. Government securities dealer in the United States of America (a
          “Primary Treasury Dealer”), the Company shall substitute for it another Primary Treasury Dealer; (2) a Primary Treasury Dealer selected by SMBC Nikko Securities America, Inc.; (3) a Primary Treasury Dealer selected by MUFG Securities Americas
          Inc.; and (4) any other Primary Treasury Dealer or Dealers selected by the Company.

        

        

        
          
            

        

        “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the
          Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m. (New York City
          time) on the third Business Day in The City of New York preceding such Redemption Date. Notice of any redemption will be sent at least 10 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed, all as
          more fully provided in the Indenture. Unless the Company defaults in payment of the Redemption Price (or any accrued and unpaid interest on the Notes or portions thereof to be redeemed), on and after the Redemption Date interest will cease to
          accrue on the Notes or portions thereof called for redemption. If less than all of the Notes are to be redeemed, the Notes (or portions thereof) to be redeemed shall be selected, in the case of Global Notes, in accordance with the policies and
          procedures of the depository or, in the case of Definitive Notes, by the Trustee by such method as the Trustee shall deem fair and appropriate, all as more fully provided in the Indenture.

        

        

        All notices of redemption shall state the Redemption Date, the Redemption Price (or, if not then ascertainable, the manner of calculation thereof), if fewer than all the Outstanding Notes are to
          be redeemed, the identification (and, in the case of partial redemption, the principal amounts) of the particular Notes to be redeemed, that on the Redemption Date the Redemption Price will become due and payable upon each Note, or portion
          thereof, to be redeemed, together with accrued and unpaid interest thereon, that interest on each Note, or portion thereof, called for redemption will cease to accrue on the Redemption Date and the place or places where Notes may be surrendered
          for redemption.

        

        

        In the event of redemption of this Note in part only, a new Note or Notes of like tenor in an aggregate principal amount equal to and in exchange for the unredeemed portion of the principal
          amount hereof will be issued in authorized denominations in the name of the Holder hereof upon surrender hereof.

        

        

        For all purposes of this Note and the Indenture, unless the context otherwise requires, all provisions relating to the redemption by the Company of this Note shall relate, in the case that this
          Note is redeemed, or to be redeemed, by the Company only in part, to that portion of the principal amount of this Note that has been, or is to be, redeemed.

        

        

        If an Event of Default with respect to the Notes shall occur and be continuing, the principal of and accrued interest on the Notes may be declared due and payable in the manner and with the
          effect provided in the Indenture.

        

        

        
          
            

        

        The Indenture permits, in certain circumstances therein specified, the amendment thereof without the consent of the Holders of the Securities. The Indenture also permits, with certain exceptions
          as therein provided, the amendment thereof and the modification of the rights and obligations under the Indenture of the Company and the rights of Holders of the Securities of each series to be affected under the Indenture at any time by the
          Company and the Trustee with the consent of (i) the Holders of not less than a majority in principal amount of the Outstanding Securities of all series voting as a single class or (ii) if fewer than all of the series of the Outstanding Securities
          are affected by such addition, change, elimination, or modification, the Holders of not less than a majority in principal amount of the Outstanding Securities of all series so affected voting as a single class (including, for the avoidance of
          doubt, consents obtained in connection with a purchase of, or tender offer or exchange for, such debt securities). The Indenture also contains provisions permitting the Holders of not less than a majority in aggregate principal amount of the
          Outstanding Securities of any series, on behalf of the Holders of all Outstanding Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their
          consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor
          or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

        

        

        No reference herein to the Indenture and no provision of this Note, subject to the provisions for satisfaction and discharge in Article Four of the Indenture, shall alter or impair the obligation
          of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

        

        

        The Indenture permits the Company, by irrevocably depositing cash or U.S. Government Obligations, in amounts and maturities sufficient to pay and discharge at the Stated Maturity or Redemption
          Date, as the case may be, the entire indebtedness on all Outstanding Notes with the Trustee in trust, solely for the benefit of the Holders of all Outstanding Notes, to defease the Indenture with respect to the Notes (subject to specified
          exceptions), and, upon such deposit and satisfaction of the other conditions set forth in the Indenture, the Company shall be deemed to have paid and discharged its entire indebtedness on the Notes.

        

        

        As provided in the Indenture and subject to certain limitations therein set forth, the transfer of Notes is registrable in the Security Register, upon surrender of a Note for registration of
          transfer at the Corporate Trust Office of the Trustee or at the office or agency of the Trustee maintained for such purpose in the Borough of Manhattan, The City of New York, or at such other offices or agencies as the Company may designate, duly
          endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by the Holder thereof or his attorney duly authorized in writing, and thereupon one or more new Notes of
          like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

        

        

        No service charge shall be made by the Company, the Trustee or the Security Registrar for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to
          cover any tax or other governmental charge payable in connection therewith (other than exchanges pursuant to Sections 304, 305, 906 or 1107 of the Indenture not involving any transfer).

        

        

        Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered
          as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

        

        

        
          
            

        

        This Note shall be governed by and construed in accordance with the law of the State of New York (without regard to conflicts of laws principles thereof).

        

        

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

        

        

        All undefined terms (whether or not capitalized) used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

        

        

        
          
            

        

        ASSIGNMENT FORM

        

        

        To assign this Note, fill in the form below:

        

        

        	
                (I) or (we) assign and transfer this Note to

              
	 
	
                (Insert assignee’s soc. sec. or tax I.D. no.)

              
	 
	 
	 
	 
	 
	 
	 
	 
	
                (Print or type assignee’s name, address and zip code)

              

        

        

        and irrevocably appoint________________________________________________________________________________ to transfer this Note on the books of the Company. The agent may substitute another to act for him.

        

        

        	 	 	 	 	 
	
                Date:

              	 	 	 	 
	 	 	 	
                Your Signature:

              	 
	 	 	 	 
	 	 	 	 	
                (Sign exactly as your name(s) 

                appear(s) on the face of this

                 Note)

              
	
                Signature Guarantee*

              	 	 	 
	 	 	 	 	 
	 	 	 	 	 

        

        

        *NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities Transfer Agent Medallion Program (STAMP); (ii) The New
          York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.

        

        

        
          
            

        

        SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE

        

        

        The initial outstanding principal amount of this Global Note is $          . The following exchanges of an interest in this Global Note for an interest in another Global Note or for a Definitive
          Note, or exchanges of an interest in another Global Note or Definitive Notes for an interest in this Global Note, have been made:

         

        

        	
                
                  Date of Exchange

                

              	 	
                
                  Amount of

                  Decrease in

                  Principal

                  Amount of this

                  Global Note

                

              	 	
                
                  Amount of

                  Increase in

                  Principal

                  Amount of this

                  Global Note

                

              	 	
                
                  Principal Amount

                  of this Global

                  Note Following

                  Such Decrease

                  (or Increase)

                

              	 	
                
                  Signature of

                  Authorized

                  Officer of

                  Trustee or

                  Security

                  Custodian

                

              
	

              	 	 	 	 	 	 	 	             
	

              	 	 	 	 	 	 	 	             

        

        

        
          
            

        

        Exhibit C

        

        

        Form of Certificates Evidencing the 6.625% Senior Notes due 2030

        

        

        [see attached]

        

        

        
          
            

        

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

        

        

        OCCIDENTAL PETROLEUM CORPORATION

        

        

        6.625% SENIOR NOTE DUE 2030

        

        

        	
                NO.

              	
                R-

              	
                PRINCIPAL AMOUNT:

              
	 	 	
                U.S. $

              
	
                CUSIP: 674599 ED3

              	 
	
                ISIN: US674599ED34

              	 

        

        

        	
                ORIGINAL ISSUE DATE:

              	
                August 26, 2020

              
	
                MATURITY DATE:

              	
                September 1, 2030

              
	
                INTEREST RATE:

              	
                6.625% per annum

              
	
                INTEREST PAYMENT DATES:

              	
                September 1 and March 1, commencing March 1, 2021

              
	
                REGULAR RECORD DATES:

              	
                August 15 and February 15

              
	
                REDEMPTION DATE/PRICE:

              	
                See Further Provisions Set Forth Herein

              

        

        

        
          
            

        

        OCCIDENTAL PETROLEUM CORPORATION, a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the “Company,” which term includes any successor under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the lesser of (i) the Principal Amount specified above
          and (ii) the Principal Amount set forth on the Schedule of Exchanges of Interests in the Global Note attached hereto on the Maturity Date specified above (unless and to the extent earlier redeemed prior to such Maturity Date) and to pay interest
          thereon from August 26, 2020 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on September 1 and March 1 in each year, commencing on March 1, 2021, at the rate per annum
          specified above, until the principal hereof is paid or made available for payment. Interest on this Note will be computed on the basis of a 360-day year comprised of twelve 30-day months. Interest payments for this Note will include interest
          accrued to but excluding each Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Note (or one or more
          Predecessor Securities) is registered at the close of business on the Regular Record Date, which shall be the August 15 and February 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. If any
          Interest Payment Date or Maturity with respect to this Note falls on a day that is not a Business Day, the payment due on such Interest Payment Date or Maturity will be made on the next succeeding Business Day with the same force and effect as if
          made on such Interest Payment Date or Maturity, and no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date or Maturity, as the case may be, until such following Business Day. Except as otherwise
          provided in the Indenture, any Defaulted Interest will forthwith cease to be payable to the Holder on the Regular Record Date with respect to such Interest Payment Date by virtue of having been such Holder and may either (1) be paid to the Person
          in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee (as defined below), notice of which will be
          given to Holders of Notes not less than 10 days prior to such Special Record Date, or (2) be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon
          such notice as may be required by such exchange, all as more fully provided in the Indenture. Payment of the principal of and interest on this Note will be made at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of
          New York, or at the office or agency of the Trustee maintained for that purpose in the Borough of Manhattan, The City of New York, or at any other office or agency designated by the Company for such purpose, in such coin or currency of the United
          States of America as at the time of payment is legal tender for payment of public and private debts; provided that, at the option of the Company, payment of interest due on any Interest Payment Date may
          be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing
          by the Trustee not less than 15 days prior to the applicable Interest Payment Date.

        

        

        Reference is hereby made to the further provisions of this Note set forth below, which further provisions shall for all purposes have the same effect as if set forth at
          this place.

        

        

        Unless the certificate of authentication hereon has been executed by the Trustee or its duly appointed co-authenticating agent by manual signature, this Note shall not be
          entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

        

        

        [signature page follows]

        

        

        
          
            

        

        IN WITNESS WHEREOF, OCCIDENTAL PETROLEUM CORPORATION has caused this Note to be signed by the signature or facsimile signature of its Chairman of the Board, its President, a Vice President, its Treasurer or an
          Assistant Treasurer.

        

        

        Dated:

        

        

        	 	
                OCCIDENTAL PETROLEUM CORPORATION

              
	 	 	 
	 	
                Name:

              	 
	 	
                Title:

              	 

        

        

        [Signature Page to Note]

        

        

        
          
            

        

        TRUSTEE’S CERTIFICATE OF AUTHENTICATION

        

        

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

        

        

        Dated:

        

        

        The Bank of New York Mellon Trust Company, N.A., as Trustee

        

        

        	
                By:

              	 	 
	 	
                Authorized Signatory

              	 

        

        

        [Signature Page to Trustee’s Certificate of Authentication]

        

        

        
          
            

        

        This Note is one of a duly authorized issue of securities (herein called the “Securities”) of the Company, issued and to be issued pursuant to the Indenture. This Note is one
          of a series designated by the Company as its 6.625% Senior Notes due 2030 (the “Notes”), limited in initial aggregate principal amount to $1,500,000,000. The Indenture does not limit the aggregate principal
          amount of the Securities.

        

        

        The Company issued this Note pursuant to an Indenture, dated as of August 8, 2019 (herein called the “Indenture” which term, for the purpose of this Note, shall include the
          Officer’s Certificate dated August 26, 2020, delivered pursuant to Sections 201 and 301 of the Indenture), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (herein called the “Trustee,”

          which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder
          of the Company, the Trustee and Holders of the Notes and of the terms upon which the Notes are, and are to be, authenticated and delivered.

        

        

        The Notes are issuable in denominations of $2,000 and any amount in excess thereof which is an integral multiple of $1,000. As provided in the Indenture and subject to certain limitations therein set forth, the Notes
          are exchangeable for a like aggregate principal amount of Notes of like tenor of any authorized denomination, as requested by the Holder surrendering the same, upon surrender of the Note or Notes to be exchanged at any office or agency described
          below where Notes may be presented for registration of transfer.

        

        

        The Company may, from time to time, without notice to or the consent of the Holders of the Notes, reopen the Notes and issue additional Notes.

        

        

        The Notes are redeemable, in whole at any time or in part from time to time prior to March 1, 2030 (the “Par Call Date”), at the option of the Company at a Redemption Price
          equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be
          redeemed through the Par Call Date (not including any portion of such payments of interest accrued to, but not including, the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year comprised of twelve
          30-day months) at the Treasury Rate (as defined herein) plus 50 basis points plus, in each case, accrued and unpaid interest on the principal amount of the Notes being redeemed to, but not including, the Redemption Date. On and after the Par Call
          Date, the Notes are redeemable, in whole at any time or in part from time to time, at the option of the Company at a Redemption Price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on the
          principal amount of the Notes being redeemed to, but not including, the Redemption Date. Notwithstanding the foregoing, installments of interest whose Stated Maturity is on or prior to the relevant Redemption Date shall be payable to the Holders
          of the Notes, or one or more Predecessor Securities, of record at the close of business on the relevant Regular Record Dates according to their terms and the provisions of the Indenture.

        

        

        
          
            

        

        “Treasury Rate” means, with respect to any Redemption Date, the rate per annum, as determined by the Quotation Agent, equal to:

        

        

        
          	
                  •

                	
                  the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
                    Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
                    corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this purpose, that the Notes mature on the Par Call Date),
                    yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the
                    nearest month; or

                

        

        

        

        
          	
                  •

                	
                  if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
                    Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.

                

        

        

        

        The Treasury Rate will be calculated at 5:00 p.m. (New York City time) on the third Business Day preceding the Redemption Date by the Quotation Agent.

        

        

        “Comparable Treasury Issue” means, with respect to any Redemption Date, the United States Treasury security selected by the Quotation Agent that would be utilized, at the time
          of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes (assuming, for this purpose, that the Notes mature on the Par Call
          Date).

        

        

        “Comparable Treasury Price” means, with respect to any Redemption Date, (1) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding
          the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than three Reference Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations, such average in any case to be
          determined by the Quotation Agent, or (3) if only one Reference Treasury Dealer Quotation is received, such Reference Treasury Dealer Quotation.

        

        

        “Quotation Agent” means, with respect to any Redemption Date, the Reference Treasury Dealer appointed by the Company.

        

        

        “Reference Treasury Dealer” means, with respect to any Redemption Date, each of (1) J.P. Morgan Securities LLC and RBC Capital Markets, LLC (or their respective affiliates that
          are primary U.S. Government securities dealers) and their respective successors; provided, however, that if any of them shall cease to be a primary U.S. Government securities dealer in the United States of America (a “Primary Treasury Dealer”),
          the Company shall substitute for it another Primary Treasury Dealer; (2) a Primary Treasury Dealer selected by SMBC Nikko Securities America, Inc.; (3) a Primary Treasury Dealer selected by MUFG Securities Americas Inc.; and (4) any other Primary
          Treasury Dealer or Dealers selected by the Company.

        

        

        
          
            

        

        “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Quotation Agent, of the
          bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m. (New York City time) on the third
          Business Day in The City of New York preceding such Redemption Date. Notice of any redemption will be sent at least 10 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed, all as more fully
          provided in the Indenture. Unless the Company defaults in payment of the Redemption Price (or any accrued and unpaid interest on the Notes or portions thereof to be redeemed), on and after the Redemption Date interest will cease to accrue on the
          Notes or portions thereof called for redemption. If less than all of the Notes are to be redeemed, the Notes (or portions thereof) to be redeemed shall be selected, in the case of Global Notes, in accordance with the policies and procedures of
          the depository or, in the case of Definitive Notes, by the Trustee by such method as the Trustee shall deem fair and appropriate, all as more fully provided in the Indenture.

        

        

        All notices of redemption shall state the Redemption Date, the Redemption Price (or, if not then ascertainable, the manner of calculation thereof), if fewer than all the Outstanding Notes are to be redeemed, the
          identification (and, in the case of partial redemption, the principal amounts) of the particular Notes to be redeemed, that on the Redemption Date the Redemption Price will become due and payable upon each Note, or portion thereof, to be
          redeemed, together with accrued and unpaid interest thereon, that interest on each Note, or portion thereof, called for redemption will cease to accrue on the Redemption Date and the place or places where Notes may be surrendered for redemption.

        

        

        In the event of redemption of this Note in part only, a new Note or Notes of like tenor in an aggregate principal amount equal to and in exchange for the unredeemed portion of the principal amount hereof will be
          issued in authorized denominations in the name of the Holder hereof upon surrender hereof.

        

        

        For all purposes of this Note and the Indenture, unless the context otherwise requires, all provisions relating to the redemption by the Company of this Note shall relate, in the case that this Note is redeemed, or
          to be redeemed, by the Company only in part, to that portion of the principal amount of this Note that has been, or is to be, redeemed.

        

        

        If an Event of Default with respect to the Notes shall occur and be continuing, the principal of and accrued interest on the Notes may be declared due and payable in the manner and with the effect provided in the
          Indenture.

        

        

        The Indenture permits, in certain circumstances therein specified, the amendment thereof without the consent of the Holders of the Securities. The Indenture also permits, with certain exceptions as therein provided,
          the amendment thereof and the modification of the rights and obligations under the Indenture of the Company and the rights of Holders of the Securities of each series to be affected under the Indenture at any time by the Company and the Trustee
          with the consent of (i) the Holders of not less than a majority in principal amount of the Outstanding Securities of all series voting as a single class or (ii) if fewer than all of the series of the Outstanding Securities are affected by such
          addition, change, elimination, or modification, the Holders of not less than a majority in principal amount of the Outstanding Securities of all series so affected voting as a single class (including, for the avoidance of doubt, consents obtained
          in connection with a purchase of, or tender offer or exchange for, such debt securities). The Indenture also contains provisions permitting the Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any
          series, on behalf of the Holders of all Outstanding Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or
          waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not
          notation of such consent or waiver is made upon this Note.

        

        

        
          
            

        

        No reference herein to the Indenture and no provision of this Note, subject to the provisions for satisfaction and discharge in Article Four of the Indenture, shall alter or impair the obligation of the Company,
          which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

        

        

        The Indenture permits the Company, by irrevocably depositing cash or U.S. Government Obligations, in amounts and maturities sufficient to pay and discharge at the Stated Maturity or Redemption Date, as the case may
          be, the entire indebtedness on all Outstanding Notes with the Trustee in trust, solely for the benefit of the Holders of all Outstanding Notes, to defease the Indenture with respect to the Notes (subject to specified exceptions), and, upon such
          deposit and satisfaction of the other conditions set forth in the Indenture, the Company shall be deemed to have paid and discharged its entire indebtedness on the Notes.

        

        

        As provided in the Indenture and subject to certain limitations therein set forth, the transfer of Notes is registrable in the Security Register, upon surrender of a Note for registration of transfer at the Corporate
          Trust Office of the Trustee or at the office or agency of the Trustee maintained for such purpose in the Borough of Manhattan, The City of New York, or at such other offices or agencies as the Company may designate, duly endorsed by, or
          accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by the Holder thereof or his attorney duly authorized in writing, and thereupon one or more new Notes of like tenor, of
          authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

        

        

        No service charge shall be made by the Company, the Trustee or the Security Registrar for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or
          other governmental charge payable in connection therewith (other than exchanges pursuant to Sections 304, 305, 906 or 1107 of the Indenture not involving any transfer).

        

        

        Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof
          for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

        

        

        This Note shall be governed by and construed in accordance with the law of the State of New York (without regard to conflicts of laws principles thereof).

        

        

        
          
            

        

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

        

        

        All undefined terms (whether or not capitalized) used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

        

        

        
          
            

        

        ASSIGNMENT FORM

        

        

        To assign this Note, fill in the form below:

        

        

        	
                (I) or (we) assign and transfer this Note to

              
	 
	 
	
                (Insert assignee’s soc. sec. or tax I.D. no.)

              
	 
	 
	 
	 
	 
	 
	 
	 
	
                (Print or type assignee’s name, address and zip code)

              

        

        

        and irrevocably appoint_________________________________________________________________________to transfer this Note on the books of the Company. The agent may substitute another to act for him.

        

        

        	 	 	 	 	 
	
                Date:

              	 	 	 	 
	 	 	 	
                Your Signature:

              	 
	

              	 	 	 	
                (Sign exactly as your name(s)

                appear(s) on the face of this 

                Note)

              
	 	 	 	 	 
	
                Signature Guarantee*

              	 	 	 
	 	 	 	 

        

        

        *NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities Transfer Agent Medallion Program (STAMP); (ii) The
          New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.

        

        

        
          
            

        

        SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE

        

        

        The initial outstanding principal amount of this Global Note is $          . The following exchanges of an interest in this Global Note for an interest in another Global Note or for a Definitive Note, or exchanges of
          an interest in another Global Note or Definitive Notes for an interest in this Global Note, have been made:

         

        

        	
                
                  Date of Exchange

                

              	 	
                
                  Amount of

                  Decrease in

                  Principal

                  Amount of this

                  Global Note

                

              	 	
                
                  Amount of

                  Increase in

                  Principal

                  Amount of this

                  Global Note

                

              	 	
                
                  Principal Amount

                  of this Global

                  Note Following

                  Such Decrease

                  (or Increase)

                

              	 	
                
                  Signature of

                  Authorized

                  Officer of

                  Trustee or

                  Security

                  CustodianExhibit 10.1

 

FIRST
AMENDMENT TO CREDIT AGREEMENT

 

This
FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of August 25, 2020, is entered
into by and among K12 INC., a Delaware corporation (the “Borrower”), each Guarantor (as defined
in the Credit Agreement), each of the Lenders (as defined in the Credit Agreement) party hereto, and PNC BANK, NATIONAL ASSOCIATION,
in its capacity as administrative agent for the Lenders under the Credit Agreement referred to below (hereinafter referred to in
such capacity as the “Administrative Agent”).

 

WiTNESSETH:

 

WHEREAS,
the Borrower, the Guarantors, the Lenders and the Administrative Agent entered into a Credit Agreement dated as of January 27,
2020 (the “Credit Agreement”), pursuant to which the Lenders have extended credit to the Borrower;

 

WHEREAS,
the Borrower has requested that certain amendments be made as set forth in more detail herein; and

 

WHEREAS,
the Administrative Agent and the Lenders party to this Amendment (constituting Required Lenders) are willing to consent to the
requested amendments to the Credit Agreement as provided in, and on the terms and conditions contained in, this Amendment.

 

NOW,
THEREFORE, in consideration of their mutual covenants and agreements hereafter set forth, and intending to be legally
bound, the parties hereto agree as follows:

 

Section 1.         dEFINITIONS

 

Unless otherwise defined
herein, capitalized terms used herein shall have the meanings, if any, assigned to such terms in the Credit Agreement.

 

Section 2.         AMENDMENTS

 

2.1          Section 1.1
– Certain Definitions. The following new definitions are hereby added to Section 1.1 of the Credit Agreement, in
the appropriate alphabetical order:

 

Convertible
Indebtedness shall mean Indebtedness of any Loan Party permitted to be incurred under the terms of this Agreement that
is either (a) convertible into common stock of the Borrower (and cash in lieu of fractional shares) and/or cash (in an amount
determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase
(or substantially equivalent derivative transactions) that are exercisable for common stock of the Borrower and/or cash (in an
amount determined by reference to the price of such common stock).

 

First
Amendment Effective Date shall mean August 25, 2020.

 

    

     

    

 

Net
Leverage Ratio shall mean, as of any date of determination, the ratio of (A) consolidated Indebtedness of the Loan
Parties and their Subsidiaries on such date, net of unrestricted domestic cash in excess of $125,000,000, to (B) Consolidated
Adjusted EBITDA (i) for the four fiscal quarters then ending if such date is a fiscal quarter end or (ii) for the four
fiscal quarters most recently ended if such date is not a fiscal quarter end.

 

Net
Senior Secured Leverage Ratio shall mean as of any date of determination, the ratio of (A) consolidated Indebtedness
of the Loan Parties and their Subsidiaries owed to the Lenders under this Credit Agreement and any other Indebtedness secured by
Liens on the assets of the Loan Parties on such date, net of unrestricted domestic cash in excess of $125,000,000 to (B) Consolidated
Adjusted EBITDA (i) for the four fiscal quarters then ending if such date is a fiscal quarter end or (ii) for the four
fiscal quarters most recently ended if such date is not a fiscal quarter end.

 

2.2          Section 1.1
– Certain Definitions. The following definitions set forth in Section 1.1 of the Credit Agreement are hereby amended
in their entirety to read as follows:

 

Consolidated
Adjusted EBITDA for any period of determination shall mean Consolidated EBITDA adjusted to include (without duplication)
the pro forma effects of acquisitions and divestitures made during such period, excluding the Consolidated EBITDA of divested Persons,
but including historical Consolidated EBITDA of acquired Persons. To the extent required pursuant to Section 8.2.6(ii)(g) which
sets forth parameters for Permitted Acquisitions, such adjustment shall be subject to the acquired Consolidated EBITDA (i) having
been audited by an independent certified public accountant for the most recently ended fiscal year available, or (ii) being
supported by a third party due diligence report delivered by a nationally recognized firm or otherwise in form and substance satisfactory
to the Administrative Agent or such other report as may be reasonably acceptable to the Administrative Agent, or (iii) being
approved by the Required Lenders. Any such adjustment to Consolidated EBITDA shall be made for four (4) fiscal quarters, starting
with the fiscal quarter in which the transaction giving rise to such adjustment was consummated. Notwithstanding anything to the
contrary contained herein, the Consolidated Adjusted EBITDA may also include the pro forma cost synergies to be realized in connection
with Permitted Acquisitions, subject, however to a 12-month realization period and such calculations being supported by a third
party due diligence report delivered by a nationally recognized firm or otherwise in form and substance satisfactory to the Administrative
Agent or such other report as may be reasonably acceptable to the Administrative Agent, and, provided further, that the amounts
included shall not in the aggregate exceed 10.0% of Consolidated Adjusted EBITDA (calculated without giving effect to such inclusion).

 

2.3          Section 8.2.1
– Indebtedness. The word “and” at the end of clause (x) of Section 8.2.1 is hereby deleted; the
period at the end of clause (xi) of Section 8.2.1 is hereby replaced with “; and”; and a new clause (xii) is
hereby added to Section 8.2.1 to read as follows:

 

(xii)         unsecured
Convertible Indebtedness incurred in calendar year 2020, not exceeding $450,000,000 in the aggregate; provided, however,
that (A) such Convertible Indebtedness has a stated final maturity date that is no earlier than the 60th calendar day after
the Expiration Date; (B) such Convertible Indebtedness is not subject to any required repurchase or redemption by any Loan
Party at any time before the 60th calendar day after the Expiration Date (provided that the following will not constitute
a required repurchase or redemption for purposes of this clause (B): (w) any customary requirement to repurchase or offer
to repurchase any Convertible Indebtedness in connection with a change of control or “fundamental change”; (x) any
right of any holder of any Convertible Indebtedness to convert such Convertible Indebtedness; (y) any actual conversion of
any Convertible Indebtedness; and (z) any optional right of the issuer of such Convertible Indebtedness to call such Convertible
Indebtedness for redemption); (C) no Potential Default or Event of Default exists or would result from the incurrence of such
Convertible Indebtedness; and (D) the Loan Parties are in compliance with Sections 8.2.15 and 8.2.16 on a pro forma basis
after giving effect to such incurrence.

 

    2

     

    

 

2.4          Section 8.2.5
– Dividends and Related Distributions. Section 8.2.5 of the Credit Agreement is hereby amended in its entirety to
read as follows:

 

8.2.5       Dividends
and Related Distributions. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to,
make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in
cash, property, securities or otherwise) on account of or in respect of its shares of Capital Stock, on account of the
purchase, redemption, retirement or acquisition of its shares of Capital Stock (or warrants, options or rights therefor),
except for (i) dividends or other distributions payable to another Loan Party; (ii) the conversion or exchange of
any Convertible Indebtedness into shares of the Borrower’s common stock (together with cash in lieu of any fractional
share); and (iii) so long as (x) no Potential Default or Event of Default exists or would result therefrom
(y) the Net Leverage Ratio of the Loan Parties shall not be greater than 2.75 to 1.00 on a pro forma basis after giving
effect thereto, and (z) the Net Senior Secured Leverage Ratio of the Loan Parties shall not be greater than 2.00 to 1.00
on a pro forma basis after giving effect thereto, dividends, distributions, or payments on account of the repurchase,
redemption, retirement or acquisition of the Borrower’s Capital Stock.

 

2.5          Section 8.2.6
– Liquidations, Mergers, Consolidations, Acquisitions. Clauses (f), (g) and (h) of Section 8.2.6 of the
Credit Agreement are hereby amended in their entirety to read as follows:

 

(f)           after
giving effect to such Permitted Acquisition (including the payment of all consideration payable as of the date of such Permitted
Acquisition and all fees and transaction costs incurred in connection with such Permitted Acquisition), the Net Leverage Ratio
of the Loan Parties shall not be greater than 2.75 to 1.00 on a pro forma basis and the Net Senior Secured Leverage Ratio of the
Loan Parties shall not be greater than 2.00 to 1.00 on a pro forma basis (Borrower shall provide a completed Compliance Certificate
in the form of Exhibit 8.3.3 to the Administrative Agent to support such determination at the time of the consummation of
such Permitted Acquisition);

 

(g)           if
the pro forma effects of adjustments to Consolidated EBITDA made to include the historical Consolidated EBITDA of the Person or
Persons being acquired, whether by purchase or by merger, would result in an increase or decrease of the Consolidated EBITDA of
the Borrower and its Subsidiaries in an amount greater than 10.0% of the Consolidated EBITDA of the Borrower and its Subsidiaries
then the Loan Parties must (i) obtain an audit (with respect to the most recently ended fiscal year) of the acquired Consolidated
EBITDA by an independent certified public accountant, or (ii) obtain a third party due diligence report delivered by a nationally
recognized firm or otherwise in form and substance satisfactory to Administrative Agent to support such EBITDA, or (iii) obtain
approval by the Required Lenders; and

 

    3

     

    

 

(h)          the
Loan Parties shall deliver to the Administrative Agent at least five (5) Business Days (or such shorter period as the Administrative
Agent shall agree in its sole discretion) before such Permitted Acquisition copies of any agreements entered into or proposed to
be entered into by such Loan Parties in connection with such Permitted Acquisition, and shall deliver to the Administrative Agent
such other information about such Person or its assets as any Lender may reasonably require.

 

2.6          Section 8.2.14
– Maximum Net Senior Secured Leverage Ratio. A new Section 8.2.14 is hereby added to the Credit Agreement to read
as follows:

 

8.2.14     Maximum
Net Senior Secured Leverage Ratio. The Loan Parties shall not at any time permit the Net Senior Secured Leverage Ratio to be
greater than 2.50 to 1.00.

 

2.7          Section 8.2.15
– Maximum Leverage Ratio. Section 8.2.15 is hereby amended in its entirety to read as follows:

 

8.2.15     Maximum
Net Leverage Ratio. The Loan Parties shall not at any time permit the Net Leverage Ratio to be greater than 3.25 to 1.00.

 

2.8          Exhibit 8.3.3
– Form of Quarterly Compliance Certificate. The form of Exhibit 8.3.3 to the Credit Agreement is hereby replaced
with the form of Exhibit 8.3.3 which is attached to this Amendment.

 

Section 3.         RATIFICATIONS

 

3.1          Ratification
of Credit Agreement. Except as amended hereby, the terms and provisions of the Credit Agreement remain unchanged, are and shall
remain in full force and effect unless and until modified or amended in writing in accordance with their terms, and are hereby
ratified and confirmed. Except as expressly provided herein, this Amendment shall not constitute an amendment, waiver, consent
or release with respect to any provision of any Loan Document, a waiver of any Potential Default or Event of Default under any
Loan Document, or a waiver or release of any of the Lenders’ or Administrative Agent’s rights and remedies (all of
which are hereby reserved).

 

3.2          Guarantor
Reaffirmation. Each Guarantor confirms that it has read and understands the Amendment. In order to induce the Lenders and the
Administrative Agent to enter into the Amendment, by executing this Amendment, each Guarantor hereby: (i) consents to the
Amendment and the transactions contemplated thereby; (ii) ratifies and confirms each of the Loan Documents to which it is
a party; (iii) ratifies, agrees and confirms that it has been a Guarantor and a Loan Party at all times since it became a
Guarantor and a Loan Party and from and after the date hereof, each Guarantor shall continue to be a Guarantor and a Loan Party
in accordance with the terms of the Loan Documents, as the same may be amended in connection with the Amendment and the transactions
contemplated thereby; and (iv) hereby ratifies and confirms its obligations under each of the Loan Documents (including all
exhibits and schedules thereto), as the same may be amended in connection with the Amendment and the transactions contemplated
thereby, by signing below as indicated and hereby acknowledges and agrees that nothing contained in any of such Loan Documents
is intended to create, nor shall it constitute an interruption, suspension of continuity, satisfaction, discharge of prior duties,
novation or termination of the indebtedness, loans, liabilities, expenses, guaranty or obligations of any of the Loan Parties under
the Credit Agreement or any other such Loan Document.

 

    4

     

    

 

Section 4.         REPRESENTATIONS
AND WARRANTIES

 

Each Loan Party hereby
represents and warrants to the Lenders and the Administrative Agent as of the date of this Amendment as follows:

 

4.1          Authorization,
Validity and Binding Effect. The execution, delivery and performance by such Loan Party of this Amendment have been duly authorized
by all necessary corporate or other organizational action and do not and will not (i) require any consent or approval of the
shareholders or members of such Loan Party, (ii) violate any provision of any law, rule, regulation (including, without limitation,
Regulation T, U or X of the Board), order, writ, judgment, injunction, decree, determination, or award presently in effect having
applicability to such Loan Party or of the constitutional documents, charter or bylaws of such Loan Party, (iii) result in
a breach of or constitute a default under any material indenture or loan or credit agreement or any other material agreement, lease,
or instrument to which such Loan Party is a party or by which it or its properties may be bound or affected, or (iv) result
in the creation of a Lien of any nature upon or with respect to any of the properties now owned or hereafter acquired by such Loan
Party (other than Liens permitted pursuant to Section 10.3.4 of the Credit Agreement). This Amendment has been duly executed
and delivered by such Loan Party, and this Amendment, the Credit Agreement and each other Loan Document (in each case, as amended
hereby) constitutes a legal, valid and binding obligation of each such Loan Party, enforceable against each such Loan Party in
accordance with its terms except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar
debtor relief laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability
of equitable remedies.

 

4.2          Representations
and Warranties True and Correct. The representations and warranties of such Loan Party contained in Section 6 of the Credit
Agreement and in each other Loan Document are true and correct in all material respects (except to the extent any such representation
and warranty is qualified by materiality or reference to Material Adverse Change, in which case, such representation and warranty
shall be true, correct and complete in all respects) on and as of the date of this Amendment, except to the extent that such representations
and warranties specifically relate to an earlier date, in which case they shall remain true and correct in all material respects
as of such earlier date, and except that for purposes of this clause (c), the representations and warranties contained in Section 6.1.6
of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to Sections 8.3.1 and 8.3.2 of
the Credit Agreement, as applicable.

 

4.3          No
Event of Default. Immediately after giving effect to this Amendment, no Potential Default or an Event of Default has occurred
and is continuing or exists.

 

    5

     

    

 

4.4          No
Material Adverse Change. As of the date hereof, no Material Adverse Change has occurred since the date of the last audited
financial statements of the Loan Parties delivered to the Administrative Agent.

 

Section 5.        CONDITIONS
PRECEDENT

 

The amendments set
forth in Section 2 above shall become effective as of the date first written above upon satisfaction of the following conditions:

 

		(a)	the Administrative Agent shall have received executed counterparts of this Amendment signed on behalf of (A) each Loan
Party and (B) the Lenders party hereto consisting of the Required Lenders;

 

		(b)	each of the Loan Parties shall have provided proper corporate incumbency certificates and resolutions
to the Administrative Agent to confirm that there have been no changes to the organizational documents of any of the Loan Parties
since last provided to the Administrative Agent and setting forth the names of all current officers of each Loan Party who have
authority to enter into this Amendment; and

 

		(c)	the Loan Parties shall have paid all fees and expenses payable on or before the date of this Amendment
as required by this Amendment.

 

Section 6.        MISCELLANEOUS

 

6.1          Successors
and Assigns. This Amendment shall be binding upon and inure to the benefit of the Loan Parties, the Administrative Agent, each
Lender and their respective successors and assigns.

 

6.2          Reference
to Credit Agreement. The Credit Agreement and any and all other agreements, instruments or documentation now or hereafter executed
and delivered pursuant to the terms of the Credit Agreement as amended hereby, are hereby amended so that any reference therein
to the Credit Agreement shall mean a reference to the Credit Agreement as amended hereby.

 

6.3          Expenses.
The Loan Parties agree to pay on demand all reasonable costs and expenses incurred by the Administrative Agent in connection with
the preparation, negotiation, and execution of this Amendment, including without limitation the reasonable fees and expenses of
the Administrative Agent’s legal counsel.

 

6.4          Severability.
Any term or provision of this Amendment held by a court of competent jurisdiction to be invalid or unenforceable shall not impair
or invalidate the remainder of this Amendment, and the effect thereof shall be confined to the term or provision so held to be
invalid or unenforceable.

 

6.5          Applicable
Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York, without regard
to principles of conflicts of laws.

 

    6

     

    

 

6.6          Headings.
The headings, captions and arrangements used in this Amendment are for convenience only and shall not affect the interpretation
of this Amendment.

 

6.7          Entire
Agreement. This Amendment is specifically limited to the matters expressly set forth herein. This Amendment and all other instruments,
agreements and documentation executed and delivered in connection with this Amendment embody the final, entire agreement among
the parties hereto with respect to the subject matter hereof and supersede any and all prior commitments, agreements, representations
and understandings, whether written or oral, relating to the matters covered by this Amendment, and may not be contradicted or
varied by evidence of prior, contemporaneous or subsequent oral agreements or discussions of the parties hereto.

 

6.8          Counterparts.
This Amendment may be executed by the parties hereto separately in one or more counterparts, each of which when so executed shall
be deemed to be an original, but all of which when taken together shall constitute one and the same agreement. Transmission by
a party to another party (or its counsel) via facsimile or electronic mail of a copy of this Amendment (or a signature page of
this Amendment) shall be as fully effective as delivery by such transmitting party to the other parties hereto of a counterpart
of this Amendment that had been manually signed by such transmitting party.

 

6.9          Legal
Details. All legal details and proceedings in connection with the transactions contemplated by this Amendment and the other
Loan Documents shall be in form and substance satisfactory to the Administrative Agent and counsel for the Administrative Agent,
and the Administrative Agent shall have received all such other counterpart originals or certified or other copies of such documents
and proceedings in connection with such transactions, in form and substance satisfactory to the Administrative Agent and its counsel,
as the Administrative Agent or its counsel may reasonably request. Without limiting the generality of the foregoing, the Loan Parties
and Lenders hereby (i) agree that, for all purposes of this Amendment, electronic images of this Amendment or any other Loan
Documents (in each case, including with respect to any signature pages thereto) shall have the same legal effect, validity
and enforceability as any paper original, and (ii) waive any argument, defense or right to contest the validity or enforceability
of the Amendment or any other Loan Documents based solely on the lack of paper original copies of such Amendment and Loan Documents,
including with respect to any signature pages thereto.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    7

     

    

 

[SIGNATURE
PAGE TO FIRST AMENDMENT TO CREDIT AGREEMENT]

 

IN WITNESS WHEREOF,
the parties hereto, by their officers thereunto duly authorized, have executed this Amendment as of the day and year first above
written.

 

	 	BORROWER:
	 	 
	 	K12 INC.
	 	 	 
	 	 	 
	 	By:	/s/ Donna M. Blackman
	 	Name:	Donna M. Blackman
	 	Title:	Chief Accounting Officer and Treasurer

 

    

     

    

 

[SIGNATURE
PAGE TO FIRST AMENDMENT TO CREDIT AGREEMENT]

 

	 	GUARANTORS:
	 	 
	 	K12 MANAGEMENT INC.
	 	 	 
	 	 	 
	 	By:	/s/ Donna M. Blackman
	 	Name:	Donna M. Blackman
	 	Title:	Controller and Vice President
	 	 	 
	 	GALVANIZE INC.
	 	 	 
	 	 	 
	 	By:	/s/ Donna M. Blackman
	 	Name:	Donna M. Blackman
	 	Title:	Controller and Vice President
	 	 	 
	 	 	 
	 	K12 INTERNATIONAL HOLDINGS B.V.
	 	 	 
	 	 	 
	 	By:	/s/ Donna M. Blackman
	 	Name:	Donna M. Blackman
	 	Title:	Managing Director

 

    

     

    

 

[SIGNATURE PAGE TO FIRST AMENDMENT TO
CREDIT AGREEMENT]

 

	 	PNC BANK, NATIONAL ASSOCIATION, individually and as Administrative Agent
	 	 	 
	 	 	 
	 	By:	/s/ Eric H. Williams
	 	Name:	Eric H. Williams
	 	Title:	Senior Vice President

 

    

     

    

 

[SIGNATURE PAGE TO FIRST AMENDMENT TO
CREDIT AGREEMENT]

 

	 	CITIBANK, N.A.
	 	 	 
	 	 	 
	 	By:	/s/ Thierry Jenar
	 	Name:	Thierry Jenar
	 	Title:	Managing Director

 

    

     

    

 

EXHIBIT 8.3.3

 

FORM OF

QUARTERLY COMPLIANCE CERTIFICATE

 

This certificate is
delivered pursuant to Section 8.3.3 of that certain Credit Agreement dated as of January 27, 2020, as amended (the “Credit
Agreement”) by and among K12 Inc., a Delaware corporation (the “Borrower”), the Lenders party
thereto (the “Lenders”), the Guarantors party thereto (the “Guarantors”) and PNC Bank, National
Association, as Administrative Agent for the Lenders (the “Administrative Agent”). Unless otherwise defined
herein, terms defined in the Credit Agreement are used herein with the same meanings.

 

The undersigned officer,
______________________, the ___________ [President/Chief Executive Officer/Chief Financial Officer] of the Borrower,
in such capacity (and not in his or her individual capacity) does hereby certify on behalf of the Borrower as of the quarter/year
ended _________________, 20___ (the “Report Date”), as follows:

 

(1)          Maximum
Net Leverage Ratio (Section 8.2.15). As of the Report Date, the Net Leverage Ratio of the Loan Parties is _________________,
which ratio is not greater than 3.25 to 1.00. Supporting calculations for the Net Leverage Ratio are set forth on Exhibit A
attached hereto and made a part hereof.

 

(2)          Maximum
Net Senior Secured Leverage Ratio (Section 8.2.14). As of the Report Date, the Net Senior Secured Leverage Ratio of the
Loan Parties is _________________, which ratio is not greater than 2.50 to 1.00. Supporting calculations for the Net Senior Secured
Leverage Ratio are set forth on Exhibit A attached hereto and made a part hereof.

 

(3)          Minimum
Interest Coverage Ratio (Section 8.2.16). As of the Report Date, the Interest Coverage Ratio of the Loan Parties is _____________,
which ratio is not less than 3.00 to 1.00. Supporting calculations for the Interest Coverage Ratio are set forth on Exhibit A
attached hereto and made a part hereof.

 

(4)          Leverage
Ratio. For purposes of determining pricing, as of the Report Date, the Leverage Ratio of the Loan Parties is ____________.
Supporting calculations for the Leverage Ratio are set forth on Exhibit A attached hereto and made a part hereof.

 

(5)          Indebtedness
(Section 8.2.1). As of the Report Date, (A) the aggregate amount of Indebtedness incurred with respect to capital leases
(exclusive of those leases listed on Schedule 8.2.1 of the Credit Agreement) is $_______________, which amount does not exceed
$100,000,000; (B) the aggregate amount of Indebtedness of the Loan Parties to direct or indirect Non-Loan Party Subsidiaries
is $_______________, which amount does not exceed $25,000,000; (C) the aggregate amount of unsecured Indebtedness not described
in subsections 8.2.1(i) through (x) of the Credit Agreement is $_____________, which amount does not exceed $25,000,000;
and (D) the aggregate amount of unsecured Convertible Indebtedness described in subsection 8.2.1(xii) of the Credit Agreement
is $_____________, which amount does not exceed $400,000,000.

 

    

     

    

 

(6)          Loans
and Investments (Section 8.2.4). As of the Report Date, (A) the amount of Restricted Investments in the Non-Loan
Party Subsidiaries made after the Closing Date is $___________, which amount does not exceed $15,000,000 as to any one such investment
or $30,000,000 in the aggregate of all such investments; (B) the amount of advances to schools supported by any Loan Party
is $_________, which amount does not exceed $3,000,000 as to any one such advance or $20,000,000 in the aggregate of all such advances;
(C) the aggregate amount of guarantees of real property lease obligations of schools supported by any Loan Party made in the
ordinary course of business is $__________, which amount does not exceed $5,000,000; and (D) the amount of Investments not
described in subsections 8.2.4(i) through (viii) of the Credit Agreement is $____________, which amount does not exceed
$15,000,000 as to any one such investment or $30,000,000 in the aggregate of all such investments.

 

(7)          Dispositions
of Assets or Subsidiaries (Section 8.2.7). As of the Report Date, the aggregate net book value of all of the assets sold,
transferred, leased or otherwise disposed of by the Loan Parties and their Subsidiaries made after the Closing Date is $____________,
which amount does not exceed $20,000,000.

 

(8)           Additional
Subsidiaries (Section 8.1.11). As of the Report Date, [no additional Subsidiaries have become Material Subsidiaries and
are required to join the Credit Agreement as a Guarantor pursuant to the requirements of Section 8.1.11 of the Credit Agreement]
or [the following additional Subsidiar[y/ies] [is/are] required to join the Credit Agreement as a Guarantor pursuant to the requirements
of Section 8.1.11.

 

(9)           Representations,
Warranties and Covenants. The representations and warranties contained in Section 6 of the Credit Agreement and in the
other Loan Documents are true and correct in all material respects (provided, however, that to the extent any such
representation or warranty is already qualified by materiality or Material Adverse Change, such representation or warranty shall
be true and correct in all respects) on and as of the date of this certificate with the same effect as though such representations
and warranties had been made on the date hereof (except representations and warranties which expressly relate solely to an earlier
date or time), and the Loan Parties have performed and complied with all covenants and conditions of the Credit Agreement.

 

(10)         Event
of Default or Potential Default. No Event of Default or Potential Default exists as of the date hereof.

 

[SIGNATURE
PAGE FOLLOWS]

 

    

     

    

 

signature
page - QUARTERLY COMPLIANCE CERTIFICATE

 

IN WITNESS WHEREOF, the undersigned has
executed this Certificate this _____ day of ____________, 20___.

 

	 	K12 INC.
	 	 	 
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

    

     

    

 

Exhibit A – Supporting Calculations
for Financial Covenants

 

(See Attached)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}]]