Document:

EX-4.1

 Exhibit 4.1 

PYXIS ONCOLOGY, INC. 

INDENTURE 
 Dated as of ,
20  
 [ ] 

Trustee 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I. DEFINITIONS AND INCORPORATION BY REFERENCE
	  	 	1	 
	 Section 1.1.
	 	Definitions	  	 	1	 
	 Section 1.2.
	 	Other Definitions	  	 	4	 
	 Section 1.3.
	 	Incorporation by Reference of Trust Indenture Act	  	 	4	 
	 Section 1.4.
	 	Rules of Construction	  	 	4	 
		
	 ARTICLE II. THE SECURITIES
	  	 	4	 
	 Section 2.1.
	 	Issuable in Series	  	 	4	 
	 Section 2.2.
	 	Establishment of Terms of Series of Securities	  	 	5	 
	 Section 2.3.
	 	Execution and Authentication	  	 	6	 
	 Section 2.4.
	 	Registrar and Paying Agent	  	 	7	 
	 Section 2.5.
	 	Paying Agent to Hold Money in Trust	  	 	7	 
	 Section 2.6.
	 	Securityholder Lists	  	 	7	 
	 Section 2.7.
	 	Mutilated, Destroyed, Lost and Stolen Securities	  	 	8	 
	 Section 2.8.
	 	Outstanding Securities	  	 	8	 
	 Section 2.9.
	 	Treasury Securities	  	 	8	 
	 Section 2.10.
	 	Temporary Securities	  	 	9	 
	 Section 2.11.
	 	Cancellation	  	 	9	 
	 Section 2.12.
	 	Defaulted Interest	  	 	9	 
	 Section 2.13.
	 	Global Securities	  	 	9	 
	 Section 2.14.
	 	CUSIP Numbers	  	 	10	 
		
	 ARTICLE III. REDEMPTION
	  	 	10	 
	 Section 3.1.
	 	Notice to Trustee	  	 	10	 
	 Section 3.2.
	 	Selection of Securities to be Redeemed	  	 	10	 
	 Section 3.3.
	 	Notice of Redemption	  	 	11	 
	 Section 3.4.
	 	Effect of Notice of Redemption	  	 	11	 
	 Section 3.5.
	 	Deposit of Redemption Price	  	 	12	 
	 Section 3.6.
	 	Securities Redeemed in Part	  	 	12	 

							
	 ARTICLE IV. COVENANTS
	  	 	12	 
	 Section 4.1.
	 	Payment of Principal and Interest	  	 	12	 
	 Section 4.2.
	 	SEC Reports	  	 	12	 
	 Section 4.3.
	 	Compliance Certificate	  	 	12	 
	 Section 4.4.
	 	Stay, Extension and Usury Laws	  	 	12	 
		
	 ARTICLE V. SUCCESSORS
	  	 	13	 
	 Section 5.1.
	 	When Company May Merge, Etc.	  	 	13	 
	 Section 5.2.
	 	Successor Corporation Substituted	  	 	13	 
		
	 ARTICLE VI. DEFAULTS AND REMEDIES
	  	 	13	 
	 Section 6.1.
	 	Events of Default	  	 	13	 
	 Section 6.2.
	 	Acceleration of Maturity; Rescission and Annulment	  	 	14	 
	 Section 6.3.
	 	Collection of Indebtedness and Suits for Enforcement by Trustee	  	 	14	 
	 Section 6.4.
	 	Trustee May File Proofs of Claim	  	 	15	 
	 Section 6.5.
	 	Trustee May Enforce Claims Without Possession of Securities	  	 	16	 
	 Section 6.6.
	 	Application of Money Collected	  	 	16	 
	 Section 6.7.
	 	Limitation on Suits	  	 	16	 
	 Section 6.8.
	 	Unconditional Right of Holders to Receive Principal and Interest	  	 	16	 
	 Section 6.9.
	 	Restoration of Rights and Remedies	  	 	17	 
	 Section 6.10.
	 	Rights and Remedies Cumulative	  	 	17	 
	 Section 6.11.
	 	Delay or Omission Not Waiver	  	 	17	 
	 Section 6.12.
	 	Control by Holders	  	 	17	 
	 Section 6.13.
	 	Waiver of Past Defaults	  	 	17	 
	 Section 6.14.
	 	Undertaking for Costs	  	 	18	 
	 Section 6.15.
	 	Subordination	  	 	18	 
		
	 ARTICLE VII. TRUSTEE
	  	 	18	 
	 Section 7.1.
	 	Duties of Trustee	  	 	18	 
	 Section 7.2.
	 	Rights of Trustee	  	 	19	 
	 Section 7.3.
	 	Individual Rights of Trustee	  	 	20	 
	 Section 7.4.
	 	Trustee’s Disclaimer	  	 	20	 
	 Section 7.5.
	 	Notice of Defaults	  	 	20	 
	 Section 7.6.
	 	Reports by Trustee to Holders	  	 	20	 
	 Section 7.7.
	 	Compensation and Indemnity	  	 	20	 
	 Section 7.8.
	 	Replacement of Trustee	  	 	21	 
	 Section 7.9.
	 	Successor Trustee by Merger, Etc.	  	 	22	 
	 Section 7.10.
	 	Eligibility; Disqualification	  	 	22	 
	 Section 7.11.
	 	Preferential Collection of Claims Against Company	  	 	22	 
		
	 ARTICLE VIII. SATISFACTION AND DISCHARGE; DEFEASANCE
	  	 	22	 
	 Section 8.1.
	 	Satisfaction and Discharge of Indenture	  	 	22	 
	 Section 8.2.
	 	Application of Trust Funds; Indemnification	  	 	23	 
	 Section 8.3.
	 	Legal Defeasance of Securities of any Series	  	 	23	 
	 Section 8.4.
	 	Covenant Defeasance	  	 	24	 
	 Section 8.5.
	 	Repayment to Company	  	 	25	 
	 Section 8.6.
	 	Reinstatement	  	 	25	 

							
	 ARTICLE IX. AMENDMENTS AND WAIVERS
	  	 	25	 
	 Section 9.1.
	 	Without Consent of Holders	  	 	25	 
	 Section 9.2.
	 	With Consent of Holders	  	 	26	 
	 Section 9.3.
	 	Compliance with Trust Indenture Act	  	 	27	 
	 Section 9.4.
	 	Revocation and Effect of Consents	  	 	27	 
	 Section 9.5.
	 	Notation on or Exchange of Securities	  	 	27	 
	 Section 9.6.
	 	Trustee Protected	  	 	27	 
		
	 ARTICLE X. MISCELLANEOUS
	  	 	27	 
	 Section 10.1.
	 	Trust Indenture Act Controls	  	 	27	 
	 Section 10.2.
	 	Notices	  	 	28	 
	 Section 10.3.
	 	Communication by Holders with Other Holders	  	 	29	 
	 Section 10.4.
	 	Certificate and Opinion as to Conditions Precedent	  	 	29	 
	 Section 10.5.
	 	Statements Required in Certificate or Opinion	  	 	29	 
	 Section 10.6.
	 	Rules by Trustee and Agents	  	 	29	 
	 Section 10.7.
	 	Legal Holidays	  	 	29	 
	 Section 10.8.
	 	No Recourse Against Others	  	 	29	 
	 Section 10.9.
	 	Counterparts	  	 	29	 
	 Section 10.10.
	 	Governing Law; Waiver of Jury Trial; Consent to Jurisdiction	  	 	30	 
	 Section 10.11.
	 	No Adverse Interpretation of Other Agreements	  	 	30	 
	 Section 10.12.
	 	Successors	  	 	30	 
	 Section 10.13.
	 	Severability	  	 	30	 
	 Section 10.14.
	 	Table of Contents, Headings, Etc.	  	 	30	 
	 Section 10.15.
	 	Securities in a Foreign Currency	  	 	30	 
	 Section 10.16.
	 	Judgment Currency	  	 	31	 
	 Section 10.17.
	 	Force Majeure	  	 	31	 
	 Section 10.18.
	 	U.S.A. Patriot Act	  	 	31	 
		
	 ARTICLE XI. SINKING FUNDS
	  	 	32	 
	 Section 11.1.
	 	Applicability of Article	  	 	32	 
	 Section 11.2.
	 	Satisfaction of Sinking Fund Payments with Securities	  	 	32	 
	 Section 11.3.
	 	Redemption of Securities for Sinking Fund	  	 	32	 

 PYXIS ONCOLOGY, INC. 

Reconciliation and tie between Trust Indenture Act of 1939 and 

Indenture, dated as of , 20  
  

			
	 § 310(a)(1)
	  	7.10
	 (a)(2)
	  	7.10
	 (a)(3)
	  	Not
Applicable
	 (a)(4)
	  	Not
Applicable
	 (a)(5)
	  	7.10
	 (b)
	  	7.10
	 §311(a)
	  	7.11
	 (b)
	  	7.11
	 (c)
	  	Not
Applicable
	 §312(a)
	  	2.6
	 (b)
	  	10.3
	 (c)
	  	10.3
	 §313(a)
	  	7.6
	 (b)(1)
	  	7.6
	 (b)(2)
	  	7.6
	 (c)(1)
	  	7.6
	 (d)
	  	7.6
	 §314(a)
	  	4.2, 10.5
	 (b)
	  	Not
Applicable
	 (c)(1)
	  	10.4
	 (c)(2)
	  	10.4
	 (c)(3)
	  	Not
Applicable
	 (d)
	  	Not
Applicable
	 (e)
	  	10.5
	 (f)
	  	Not
Applicable
	 §315(a)
	  	7.1
	 (b)
	  	7.5
	 (c)
	  	7.1
	 (d)
	  	7.1
	 (e)
	  	6.14
	 §316(a)
	  	2.10
	 (a)(1)(A)
	  	6.12
	 (a)(1)(B)
	  	6.13
	 (b)
	  	6.8
	 §317(a)(1)
	  	6.3
	 (a)(2)
	  	6.4
	 (b)
	  	2.5
	 §318(a)
	  	10.1

 Note: This reconciliation and tie shall not, for any purpose, be deemed to be part of the Indenture. 

 Indenture dated as of      , 20      between Pyxis Oncology,
Inc., a Delaware corporation (“Company”), and [______] (“Trustee”). 
 Each party agrees as follows for the benefit of the
other party and for the equal and ratable benefit of the Holders of the Securities issued under this Indenture. 
 ARTICLE I. 

DEFINITIONS AND INCORPORATION BY REFERENCE 

Section 1.1. Definitions. 
 “Additional
Amounts” means any additional amounts which are required hereby or by any Security, under circumstances specified herein or therein, to be paid by the Company in respect of certain taxes imposed on Holders specified herein or therein and
which are owing to such Holders. 
 “Affiliate” of any specified person means any other person directly or indirectly controlling or
controlled by or under common control with such specified person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used
with respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the ownership of voting securities or by agreement or
otherwise. 
 “Agent” means any Registrar, Paying Agent or Notice Agent. 

“Board of Directors” means the board of directors of the Company or any duly authorized committee thereof. 

“Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been adopted by
the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of the certificate and delivered to the Trustee. 

“Business Day” means any day except a Saturday, Sunday or a legal holiday in The City of New York, New York (or in connection with any
payment, the place of payment) on which banking institutions are authorized or required by law, regulation or executive order to close. 
 “Capital
Stock” means any and all shares, interests, participations, rights or other equivalents (however designated) of corporate stock. 

“Company” means the party named as such above until a successor replaces it and thereafter means the successor. 

“Company Order” means a written order signed in the name of the Company by an Officer. 

“Corporate Trust Office” means the office of the Trustee at which at any particular time its corporate trust business related to this
Indenture shall be principally administered. 
 “Default” means any event which is, or after notice or passage of time or both would be, an
Event of Default. 
 “Depositary” means, with respect to the Securities of any Series issuable or issued in whole or in part in the form of
one or more Global Securities, the person designated as Depositary for such Series by the Company, which Depositary shall be a clearing agency registered under the Exchange Act; and if at any time there is more than one such person,
“Depositary” as used with respect to the Securities of any Series shall mean the Depositary with respect to the Securities of such Series. 

  
 1 

 “Discount Security” means any Security that provides for an amount less than the stated
principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.2. 

“Dollars” and “$” means the currency of The United States of America. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Foreign Currency” means any currency or currency unit issued by a government other than the government of The United States of America. 

“Foreign Government Obligations” means, with respect to Securities of any Series that are denominated in a Foreign Currency, direct
obligations of, or obligations guaranteed by, the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged and which are not callable or redeemable at the option of the
issuer thereof. 
 “GAAP” means accounting principles generally accepted in the United States of America set forth in the opinions and
pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been
approved by a significant segment of the accounting profession, which are in effect as of the date of determination. 
 “Global Security”
or “Global Securities” means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depositary for such Series or its
nominee, and registered in the name of such Depositary or nominee. 
 “Holder” or “Securityholder” means a person in whose
name a Security is registered. 
 “Indenture” means this Indenture as amended or supplemented from time to time and shall include the form
and terms of particular Series of Securities established as contemplated hereunder. 
 “interest” with respect to any Discount Security
which by its terms bears interest only after Maturity, means interest payable after Maturity. 
 “Maturity,” when used with respect to any
Security, means the date on which the principal of such Security becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise. 

“Officer” means the Chief Executive Officer, President, the Chief Financial Officer, the Treasurer or any Assistant Treasurer, the Secretary
or any Assistant Secretary, and any Vice President of the Company. 
 “Officer’s Certificate” means a certificate signed by any
Officer. 
 “Opinion of Counsel” means a written opinion of legal counsel who is acceptable to the Trustee. The counsel may be an employee
of or counsel to the Company. The opinion may contain customary limitations, conditions and exceptions. 
 “person” means any individual,
corporation, partnership, joint venture, association, limited liability company, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. 

“principal” of a Security means the principal of the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in
respect of, the Security. 
 “Responsible Officer” means any officer of the Trustee in its Corporate Trust Office having responsibility for
administration of this Indenture and also means, with respect to a particular corporate trust matter, any other officer to whom any corporate trust matter is referred because of his or her knowledge of and familiarity with a particular subject. 

  
 2 

 “SEC” means the Securities and Exchange Commission. 

“Securities” means the debentures, notes or other debt instruments of the Company of any Series authenticated and delivered under this
Indenture. 
 “Senior Indebtedness” means the principal of (and premium, if any) and unpaid interest on (i) the Company indebtedness
(including indebtedness of others guaranteed by the Company), whenever created, incurred, assumed or guaranteed, for money borrowed (other than indenture Securities issued under this Indenture and denominated as subordinated debt securities), unless
in the instrument creating or evidencing the same or under which the same is outstanding it is provided that this indebtedness is not senior or prior in right of payment to the subordinated Securities; and (ii) renewals, extensions,
modifications and refinancings of any such indebtedness. 
 “Series” or “Series of Securities” means each series of
debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof. 
 “Stated Maturity” when used
with respect to any Security, means the date specified in such Security as the fixed date on which the principal of such Security or interest is due and payable. 

“Subsidiary” of any specified person means any corporation, association or other business entity of which more than 50% of the total voting
power of shares of Capital Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by such person or one or
more of the other Subsidiaries of that person or a combination thereof. 
 “TIA” means the Trust Indenture Act of 1939 (15 U.S. Code
§§ 77aaa-77bbbb) as in effect on the date of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “TIA” means, to the extent required by any such
amendment, the Trust Indenture Act as so amended. 
 “Trustee” means the person named as the “Trustee” in the first paragraph of
this instrument until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each person who is then a Trustee hereunder, and if at any time there
is more than one such person, “Trustee” as used with respect to the Securities of any Series shall mean the Trustee with respect to Securities of that Series. 

“U.S. Government Obligations” means securities which are direct obligations of, or guaranteed by, The United States of America or an agency
of the United States of America for the payment of which its full faith and credit is pledged and which are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a bank or trust company
as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt, provided
that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation evidenced
by such depositary receipt. 

  
 3 

 Section 1.2. Other Definitions. 

 

					
	TERM	  	DEFINED
IN
SECTION	 
	 “Bankruptcy Law”
	  	 	6.1	 
	 “Custodian”
	  	 	6.1	 
	 “Event of Default”
	  	 	6.1	 
	 “Judgment Currency”
	  	 	10.16	 
	 “Legal Holiday”
	  	 	10.7	 
	 “mandatory sinking fund payment”
	  	 	11.1	 
	 “New York Banking Day”
	  	 	10.16	 
	 “Notice Agent”
	  	 	2.4	 
	 “optional sinking fund payment”
	  	 	11.1	 
	 “Paying Agent”
	  	 	2.4	 
	 “Registrar”
	  	 	2.4	 
	 “Required Currency”
	  	 	10.16	 
	 “Specified Courts”
	  	 	10.10	 
	 “successor person”
	  	 	5.1	 

 Section 1.3. Incorporation by Reference of Trust Indenture Act. 

Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. The following TIA
terms used in this Indenture have the following meanings: 
 “Commission” means the SEC. 

“indenture securities” means the Securities. 

“indenture security holder” means a Securityholder. 

“indenture to be qualified” means this Indenture. 

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

“obligor” on the indenture securities means the Company and any successor obligor upon the Securities. 

All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule under the TIA and not
otherwise defined herein are used herein as so defined. 
 Section 1.4. Rules of Construction. 

Unless the context otherwise requires: 
  

	 	(a)	 a term has the meaning assigned to it; 

 

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

  

	 	(c)	 “or” is not exclusive; 

 

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

 

	 	(e)	 provisions apply to successive events and transactions. 

ARTICLE II. 
 THE SECURITIES 

Section 2.1. Issuable in Series. 
 The aggregate
principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities may be issued in one or more Series. All Securities of a Series shall be identical except as may be set forth or determined in
the manner provided in a Board Resolution, a supplemental indenture or an Officer’s Certificate detailing the adoption of the terms thereof pursuant to authority granted under a Board 

Resolution. In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officer’s Certificate or supplemental indenture
detailing the adoption of the terms thereof pursuant to authority granted under a Board Resolution may provide for the method by which specified terms (such as interest rate, maturity date, record date or date from which interest shall accrue) are
to be determined. Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to the benefits of the Indenture. 

  
 4 

 Section 2.2. Establishment of Terms of Series of Securities. 

At or prior to the issuance of any Securities within a Series, the following shall be established (as to the Series generally, in the case of Subsection 2.2.1
and either as to such Securities within the Series or as to the Series generally in the case of Subsections 2.2.2 through 2.2.24) by or pursuant to a Board Resolution, and set forth or determined in the manner provided in a Board Resolution,
supplemental indenture hereto or Officer’s Certificate: 
 2.2.1. the designation or title (which shall distinguish the Securities of that particular
Series from the Securities of any other Series) and ranking (including the terms of any subordination provisions) of the Series; 
 2.2.2. the total
principal amount of the Series, the denominations in which the offered Securities will be issued and whether the offering may be reopened for additional Securities of that Series and on what terms; 

2.2.3. the percentage of the principal amount at which the Securities of the Series will be issued; 

2.2.4. the date or dates on which principal will be payable; 

2.2.5. the rate or rates (which may be either fixed or variable) and/or, if applicable, the method of determining such rate or rates of interest, if any, the
date or dates from which any interest shall accrue, or the method of determining such date or dates, and the date or dates on which any interest will be payable; 

2.2.6. the terms for redemption, extension or early repayment, if any; 

2.2.7. the currencies in which the Series are issued and payable; 

2.2.8. the obligation, if any, of the Company to redeem or purchase the Securities of the Series pursuant to any sinking fund or analogous provisions or at
the option of a Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the Series shall be redeemed or purchased, in whole or in part, pursuant to such obligation;

 2.2.9. whether the amount of payments of principal, interest or premium, if any, on a Series of the Securities will be determined with reference to an
index, formula or other method and how these amounts will be determined; 
 2.2.10. the place or places of payment, transfer, conversion and/or exchange of
the Securities; 
 2.2.11. any restrictive covenants; 

2.2.12. whether the Series of Securities are issuable in certified form 

2.2.13. any provisions for legal defeasance or covenant defeasance; 

2.2.14. whether and under what circumstances we will pay Additional Amounts in respect of any tax, assessment or governmental charge and, if so, whether we
will have the option to redeem the Securities rather than pay the Additional Amounts (and the terms of this option); 
 2.2.15. if other than denominations
of $1,000 and any integral multiple thereof, the denominations in which the Securities of the Series shall be issuable; 
 2.2.16. the provisions for
convertibility or exchangeability of the Securities of the Series into or for any other Securities; 
 2.2.17. whether the Securities are subject to
subordination and the terms of such subordination; 

  
 5 

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

2.2.19. any addition to, deletion of or change in the covenants set forth in Articles IV or V which applies to Securities of the Series; 

2.2.20. any listing of Securities of such Series on any securities exchange; 

2.2.21. the provisions, if any, relating to conversion or exchange of any Securities of such Series, including if applicable, the conversion or exchange
price, the conversion or exchange period, provisions as to whether conversion or exchange will be mandatory, at the option of the Holders thereof or at the option of the Company, the events requiring an adjustment of the conversion price or exchange
price and provisions affecting conversion or exchange if such Series of Securities are redeemed; 
 2.2.22. any Depositaries, interest rate calculation
agents, exchange rate calculation agents or other agents with respect to Securities of such Series if other than those appointed herein; 
 2.2.23. any
other terms of the Series (which may supplement, modify or delete any provision of this Indenture insofar as it applies to such Series), including any terms that may be required under applicable law or regulations or advisable in connection with the
marketing of Securities of that Series; and 
 2.2.24. whether any of the Company’s direct or indirect Subsidiaries will guarantee the Securities of
that Series, including the terms of subordination, if any, of such guarantees. 
 All Securities of any one Series need not be issued at the same time and
may be issued from time to time, consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture hereto or Officer’s Certificate referred to above. 

Section 2.3. Execution and Authentication. 
 An
Officer shall sign the Securities for the Company by manual or facsimile signature. 
 If an Officer whose signature is on a Security no longer holds that
office at the time the Security is authenticated, the Security shall nevertheless be valid. 
 A Security shall not be valid until authenticated by the
manual signature of the Trustee or an authenticating agent. The signature shall be conclusive evidence that the Security has been authenticated under this Indenture. 

The Trustee shall at any time, and from time to time, authenticate Securities for original issue in the principal amount provided in the Board Resolution,
supplemental indenture hereto or Officer’s Certificate, upon receipt by the Trustee of a Company Order. Each Security shall be dated the date of its authentication. 

Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to Section 7.2) shall be fully protected in relying on:
(a) the Board Resolution, supplemental indenture hereto or Officer’s Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the Securities of that Series or of Securities
within that Series, (b) an Officer’s Certificate complying with Section 10.4, and (c) an Opinion of Counsel complying with Section 10.4. 

The Trustee shall have the right to decline to authenticate and deliver any Securities of such Series: (a) if the Trustee, being advised by counsel,
determines that such action may not be taken lawfully; or (b) if the Trustee in good faith by its board of directors or trustees, executive committee or a trust committee of directors and/or vice-presidents or a committee of Responsible
Officers shall determine that such action would expose the Trustee to personal liability to Holders of any then outstanding Series of Securities. 

  
 6 

 The Trustee may appoint an authenticating agent acceptable to the Company to authenticate Securities. An
authenticating agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as an Agent to deal
with the Company or an Affiliate of the Company. 
 Section 2.4. Registrar and Paying Agent. 

The Company shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such Series pursuant to
Section 2.2, an office or agency where Securities of such Series may be presented or surrendered for payment (“Paying Agent”), where Securities of such Series may be surrendered for registration of transfer or exchange
(“Registrar”) and where notices and demands to or upon the Company in respect of the Securities of such Series and this Indenture may be delivered (“Notice Agent”). The Registrar shall keep a register with respect
to each Series of Securities and to their transfer and exchange. The Company will give prompt written notice to the Trustee of the name and address, and any change in the name or address, of each Registrar, Paying Agent or Notice Agent. If at any
time the Company shall fail to maintain any such required Registrar, Paying Agent or Notice Agent or shall fail to furnish the Trustee with the name and address thereof, such presentations, surrenders, notices and demands may be made or served at
the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands; provided, however, that any appointment of the Trustee as the
Notice Agent shall exclude the appointment of the Trustee or any office of the Trustee as an agent to receive the service of legal process on the Company. 

The Company may also from time to time designate one or more co-registrars, additional paying agents or additional
notice agents and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations to maintain a Registrar, Paying Agent and Notice
Agent in each place so specified pursuant to Section 2.2 for Securities of any Series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address
of any such co-registrar, additional paying agent or additional notice agent. The term “Registrar” includes any co-registrar; the term “Paying
Agent” includes any additional paying agent; and the term “Notice Agent” includes any additional notice agent. The Company or any of its Affiliates may serve as Registrar or Paying Agent. 

The Company hereby appoints the Trustee the initial Registrar, Paying Agent and Notice Agent for each Series unless another Registrar, Paying Agent or Notice
Agent, as the case may be, is appointed prior to the time Securities of that Series are first issued. 
 Section 2.5. Paying Agent to Hold Money in
Trust. 
 The Company shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust, for the
benefit of Securityholders of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will notify the Trustee in writing of any default by the Company
in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon
payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary of the Company) shall have no further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it shall segregate and hold
in a separate trust fund for the benefit of Securityholders of any Series of Securities all money held by it as Paying Agent. Upon any bankruptcy, reorganization or similar proceeding with respect to the Company, the Trustee shall serve as Paying
Agent for the Securities. 
 Section 2.6. Securityholder Lists. 

The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of
Securityholders of each Series of Securities and shall otherwise comply with TIA § 312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trustee at least ten days before each interest payment date and at such other times
as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Securityholders of each Series of Securities. 

  
 7 

 Section 2.7. Mutilated, Destroyed, Lost and Stolen Securities. 

If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new
Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 
 If there shall be delivered to
the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such security or indemnity bond as may be required by each of them to hold itself and any of its agents harmless,
then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute and upon receipt of a Company Order the Trustee shall authenticate and make available for delivery,
in lieu of any such destroyed, lost or stolen Security, a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 

In case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion may, instead of
issuing a new Security, pay such Security. 
 Upon the issuance of any new Security under this Section, the Company may require the payment of a sum
sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

Every new Security of any Series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional
contractual obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other
Securities of that Series duly issued hereunder. 
 The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other rights
and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 
 Section 2.8. Outstanding
Securities. 
 The Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it, those
delivered to it for cancellation, those reductions in the interest on a Global Security effected by the Trustee in accordance with the provisions hereof and those described in this Section as not outstanding. 

If a Security is replaced pursuant to Section 2.7, it ceases to be outstanding until the Trustee receives proof satisfactory to it that the replaced
Security is held by a bona fide purchaser. 
 If the Paying Agent (other than the Company, a Subsidiary of the Company or an Affiliate of the Company) holds
on the Maturity of Securities of a Series money sufficient to pay such Securities payable on that date, then on and after that date such Securities of the Series cease to be outstanding and interest on them ceases to accrue. 

The Company may purchase or otherwise acquire the Securities, whether by open market purchases, negotiated transactions or otherwise. A Security does not
cease to be outstanding because the Company or an Affiliate of the Company holds the Security (but see Section 2.9 below). 
 In determining whether
the Holders of the requisite principal amount of outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, the principal amount of a Discount Security that shall be deemed to be outstanding
for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the Maturity thereof pursuant to Section 6.2. 

Section 2.9. Treasury Securities. 
 In determining
whether the Holders of the required principal amount of Securities of a Series have concurred in any request, demand, authorization, direction, notice, consent or waiver, Securities of a Series owned by the Company or any Affiliate of the Company
shall be disregarded, except that for the purposes of determining whether the Trustee shall be protected in relying on any such request, demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible
Officer of the Trustee knows are so owned shall be so disregarded. 

  
 8 

 Section 2.10. Temporary Securities. 

Until definitive Securities are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary Securities upon a Company Order.
Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable delay, the Company shall prepare and the Trustee upon
receipt of a Company Order shall authenticate definitive Securities of the same Series and date of maturity in exchange for temporary Securities. Until so exchanged, temporary securities shall have the same rights under this Indenture as the
definitive Securities. 
 Section 2.11. Cancellation. 

The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any Securities
surrendered to them for registration of transfer, exchange or payment. The Trustee shall cancel all Securities surrendered for transfer, exchange, payment, replacement or cancellation and shall destroy such canceled Securities (subject to the record
retention requirement of the Exchange Act and the Trustee) and deliver a certificate of such cancellation to the Company upon written request of the Company. The Company may not issue new Securities to replace Securities that it has paid or
delivered to the Trustee for cancellation. 
 Section 2.12. Defaulted Interest. 

If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any
interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the
Company shall send to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner. 

Section 2.13. Global Securities. 
 2.13.1. Terms
of Securities. A Board Resolution, a supplemental indenture hereto or an Officer’s Certificate shall establish whether the Securities of a Series shall be issued in whole or in part in the form of one or more Global Securities and the
Depositary for such Global Security or Securities. 
 A Global Security may not be transferred except as a whole by the Depositary with respect to such
Global Security to a nominee of such Depositary, by a nominee of such Depositary to such Depositary or another nominee of such Depositary or by the Depositary or any such nominee to a successor Depositary or a nominee of such a successor Depositary.

 2.13.2. Legends. Any Global Security issued hereunder shall bear a legend in substantially the following form: 

“THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A
NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A
WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR
DEPOSITARY.” 

  
 9 

 In addition, so long as the Depository Trust Company (“DTC”) is the Depositary, each Global Note
registered in the name of DTC or its nominee shall bear a legend in substantially the following form: 
 “UNLESS THIS GLOBAL NOTE IS PRESENTED BY AN
AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY GLOBAL NOTE 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.” 

2.13.3. Acts of Holders. The Depositary, as a Holder, may appoint agents and otherwise authorize participants to give or take any request, demand,
authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under the Indenture. 
 2.13.4.
Payments. Notwithstanding the other provisions of this Indenture, unless otherwise specified as contemplated by Section 2.2, payment of the principal of and interest, if any, on any Global Security shall be made to the Holder thereof.

 2.13.5 Consents, Declaration and Directions. The Company, the Trustee and any Agent shall treat a person as the Holder of such principal amount of
outstanding Securities of such Series represented by a Global Security as shall be specified in a written statement of the Depositary or by the applicable procedures of such Depositary with respect to such Global Security, for purposes of obtaining
any consents, declarations, waivers or directions required to be given by the Holders pursuant to this Indenture. 
 Section 2.14. CUSIP
Numbers. 
 The Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use
“CUSIP” numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained
in any notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. 

ARTICLE III. 
 REDEMPTION 

Section 3.1. Notice to Trustee. 
 The Company may,
with respect to any Series of Securities, reserve the right to redeem and pay the Series of Securities or may covenant to redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on such terms
as provided for in such Securities. If a Series of Securities is redeemable and the Company wants or is obligated to redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such Securities, it
shall notify the Trustee in writing of the redemption date and the principal amount of Series of Securities to be redeemed. The Company shall give the notice at least 15 days before the redemption date, unless a shorter period is satisfactory to the
Trustee. 
 Section 3.2. Selection of Securities to be Redeemed. 

Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate, if less than all
the Securities of a Series are to be redeemed, the Securities of the Series to be redeemed will be selected as follows: (a) if the Securities are in the form of Global Securities, in accordance with the procedures of the Depositary, (b) if
the Securities are listed on any national securities exchange, in compliance with 

  
 10 

 
the requirements of the principal national securities exchange, if any, on which the Securities are listed, or (c) if not otherwise provided for under clause (a) or (b) in the manner
that the Trustee deems fair and appropriate, including by lot or other method, unless otherwise required by law or applicable stock exchange requirements, subject, in the case of Global Securities, to the applicable rules and procedures of the
Depositary. The Securities to be redeemed shall be selected from Securities of the Series outstanding not previously called for redemption. Portions of the principal of Securities of the Series that have denominations larger than $1,000 may be
selected for redemption. Securities of the Series and portions of them it selected for redemption shall be in amounts of $1,000 or whole multiples of $1,000 or, with respect to Securities of any Series issuable in other denominations pursuant to
Section 2.2.15, the minimum principal denomination for each Series and the authorized integral multiples thereof. Provisions of this Indenture that apply to Securities of a Series called for redemption also apply to portions of Securities of
that Series called for redemption. 
 Section 3.3. Notice of Redemption. 

Unless otherwise indicated for a particular Series by Board Resolution, a supplemental indenture hereto or an Officer’s Certificate, at least 15 days but
not more than 60 days before a redemption date, the Company shall send or cause to be sent by first-class mail or electronically, in accordance with the procedures of the Depositary, a notice of redemption to each Holder whose Securities are to be
redeemed. 
 The notice shall identify the Securities of the Series to be redeemed and shall state: 

(a) the redemption date; 
 (b) the redemption price; 

(c) the name and address of the Paying Agent; 
 (d) if any
Securities are being redeemed in part, the portion of the principal amount of such Securities to be redeemed and that, after the redemption date and upon surrender of such Security, a new Security or Securities in principal amount equal to the
unredeemed portion of the original Security shall be issued in the name of the Holder thereof upon cancellation of the original Security; 
 (e) that
Securities of the Series called for redemption must be surrendered to the Paying Agent to collect the redemption price; 
 (f) that interest on Securities
of the Series called for redemption ceases to accrue on and after the redemption date unless the Company defaults in the deposit of the redemption price; 

(g) the CUSIP number, if any; and 
 (h) any other information as
may be required by the terms of the particular Series or the Securities of a Series being redeemed. 
 At the Company’s request, the Trustee shall give
the notice of redemption in the Company’s name and at its expense, provided, however, that the Company has delivered to the Trustee, at least 10 days (unless a shorter time shall be acceptable to the Trustee) prior to the notice date, an
Officer’s Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice. 
 Section 3.4.
Effect of Notice of Redemption. 
 Once notice of redemption is sent as provided in Section 3.3, Securities of a Series called for redemption
become due and payable on the redemption date and at the redemption price. Except as otherwise provided in the supplemental indenture, Board Resolution or Officer’s Certificate for a Series, a notice of redemption may not be conditional. Upon
surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to the redemption date. 

  
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 Section 3.5. Deposit of Redemption Price. 

On or before 11:00 a.m., New York City time, on the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption
price of and accrued interest, if any, on all Securities to be redeemed on that date. 
 Section 3.6. Securities Redeemed in Part. 

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

COVENANTS 
 Section 4.1. Payment of
Principal and Interest. 
 The Company covenants and agrees for the benefit of the Holders of each Series of Securities that it will duly and punctually
pay the principal of and interest, if any, on the Securities of that Series in accordance with the terms of such Securities and this Indenture. On or before 11:00 a.m., New York City time, on the applicable payment date, the Company shall deposit
with the Paying Agent money sufficient to pay the principal of and interest, if any, on the Securities of each Series in accordance with the terms of such Securities and this Indenture. 

Section 4.2. SEC Reports. 
 To the extent any
Securities of a Series are outstanding, the Company shall deliver to the Trustee within 15 days after it files them with the SEC copies of the annual reports and of the information, documents, and other reports (or copies of such portions of any of
the foregoing as the SEC may by rules and regulations prescribe) which the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. The Company also shall comply with the other provisions of TIA §
314(a). Reports, information and documents filed with the SEC via the EDGAR system will be deemed to be delivered to the Trustee as of the time of such filing via EDGAR for purposes of this Section 4.2. 

Delivery of reports, information and documents to the Trustee under this Section 4.2 are for informational purposes only and the Trustee’s receipt
of the foregoing shall not constitute constructive or actual notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of their covenants hereunder (as to which
the Trustee is entitled to rely exclusively on Officer’s Certificates). 
 Section 4.3. Compliance Certificate. 

To the extent any Securities of a Series are outstanding, each year, the Company shall furnish to the Trustee an Officer’s Certificate stating that to
their knowledge the Company is in compliance with this Indenture and the Securities, or else specifying any Default. 
 Section 4.4. Stay, Extension
and Usury Laws. 
 The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead, or in any manner
whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities; and the Company
(to the extent it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but
will suffer and permit the execution of every such power as though no such law has been enacted. 

  
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 ARTICLE V. 

SUCCESSORS 
 Section 5.1. When Company May
Merge, Etc. 
 The Company shall not consolidate with or merge with or into, or convey, transfer or lease all or substantially all of its properties and
assets to, any person (a “successor person”) unless all of the following conditions are met: 
 (a) if the Company does not survive such
transaction or the Company conveys, transfers or leases its properties and assets substantially as an entirety, the acquiring company must be a corporation, limited liability company, partnership or trust, or other corporate form, organized under
the laws of any state of the United States or the District of Columbia, and such company must agree to be legally responsible for our Securities, and, if not already subject to the jurisdiction of any state of the United States or the District of
Columbia, the new company must submit to such jurisdiction for all purposes with respect to the Securities and appoint an Agent for service of process; 

(b) alternatively, the Company must be the surviving Company; 

(c) immediately after giving effect to the transaction, no Default or Event of Default, shall have occurred and be continuing. 

The Company shall deliver to the Trustee prior to the consummation of the proposed transaction an Officer’s Certificate to the foregoing effect and an
Opinion of Counsel stating that the proposed transaction and any supplemental indenture comply with this Indenture. 
 Notwithstanding the above, any
Subsidiary of the Company may consolidate with, merge into or transfer all or part of its properties to the Company. Neither an Officer’s Certificate nor an Opinion of Counsel shall be required to be delivered in connection therewith. 

Section 5.2. Successor Corporation Substituted. 

Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company in accordance
with Section 5.1, the successor corporation formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may
exercise every right and power of, the Company under this Indenture with the same effect as if such successor person has been named as the Company herein; provided, however, that the predecessor Company in the case of a sale,
conveyance or other disposition (other than a lease) shall be released from all obligations and covenants under this Indenture and the Securities. 

ARTICLE VI. 
 DEFAULTS AND REMEDIES

 Section 6.1. Events of Default. 

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

(a) default in the payment of any interest on any Security of that Series when it becomes due and payable, and continuance of such default for a period of 30
days (unless the entire amount of such payment is deposited by the Company with the Trustee or with a Paying Agent prior to 11:00 a.m., New York City time, on the 30th day of such period); or 

(b) default in the payment of principal of, or any premium on, any Security of that Series at its Maturity; or 

  
 13 

 (c) the Company remains in breach of a covenant in respect of Securities of the Series for 90 days after
there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the outstanding Securities of that Series a written notice specifying such
default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or 
 (d) the Company pursuant
to or within the meaning of any Bankruptcy Law: 
 (i) commences a voluntary case, 

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

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

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

(v) generally is unable to pay its debts as the same become due; or 

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

(i) is for relief against the Company in an involuntary case, 

(ii) appoints a Custodian of the Company or for all or substantially all of its property, or 

(iii) orders the liquidation of the Company, 
 and the order or
decree remains unstayed and in effect for 60 days; or 
 (e) any other Event of Default provided with respect to Securities of that Series, which is
specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate, in accordance with Section 2.2.18. 
 The term
“Bankruptcy Law” means title 11, U.S. Code or any similar Federal or State law for the relief of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator or similar official under any
Bankruptcy Law. 
 Section 6.2. Acceleration of Maturity; Rescission and Annulment. 

If an Event of Default has occurred and has not been cured or waived (other than an Event of Default referred to in Section 6.1(d) or (e)) then in every
such case the Trustee or the Holders of not less than 25% in principal amount (or, if any Securities of that Series are Discount Securities, such portion of the principal amount as may be specified in the terms of such Securities) of and accrued and
unpaid interest, if any, on all of the Securities of that Series to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified
amount) and accrued and unpaid interest, if any, shall become immediately due and payable. If an Event of Default specified in Section 6.1(d) or (e) shall occur, the principal amount (or specified amount) of and accrued and unpaid
interest, if any, on all outstanding Securities shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. 

At any time after such a declaration of acceleration with respect to any Series has been made and before a judgment or decree for payment of the money due has
been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the outstanding Securities of that Series, by written notice to the Company and the Trustee, may rescind and annul such
declaration and its consequences if all Events of Default with respect to Securities of that Series, other than the non-payment of the principal and interest, if any, of Securities of that Series which have
become due solely by such declaration of acceleration, have been cured or waived as provided in Section 6.13. 
 No such rescission shall affect any
subsequent Default or impair any right consequent thereon. 
 Section 6.3. Collection of Indebtedness and Suits for Enforcement by Trustee. 

The Company covenants that if 
 (a) default is made in the
payment of any interest on any Security when such interest becomes due and payable and such default continues for a period of 30 days, or 

  
 14 

 (b) default is made in the payment of principal of any Security at the Maturity thereof, or 

(c) default is made in the deposit of any sinking fund payment, if any, when and as due by the terms of a Security, 

then, the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable
on such Securities for principal and interest and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and any overdue interest at the rate or rates prescribed therefor in such Securities, and,
in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the compensation, reasonable expenses, disbursements and advances of the Trustee, its agents and counsel. 

If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial
proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the Company or any other obligor upon such Securities and collect the moneys adjudged or deemed
to be payable in the manner provided by law out of the property of the Company or any other obligor upon such Securities, wherever situated. 
 If an Event
of Default with respect to any Securities of any Series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such Series by such appropriate judicial
proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any
other proper remedy. 
 Section 6.4. Trustee May File Proofs of Claim. 

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial
proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Securities shall then be due and
payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such
proceeding or otherwise, 
 (a) to file and prove a claim for the whole amount of principal and interest owing and unpaid in respect of the Securities and
to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the compensation, reasonable expenses, disbursements and advances of the Trustee, its agents and counsel) and
of the Holders allowed in such judicial proceeding, and 
 (b) to collect and receive any moneys or other property payable or deliverable on any such claims
and to distribute the same, 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial
proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the
compensation, reasonable expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.7. 

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

  
 15 

 Section 6.5. Trustee May Enforce Claims Without Possession of Securities. 

All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the
Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the
payment of the compensation, reasonable expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered. 

Section 6.6. Application of Money Collected. 
 Any
money or property collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money or property on account of principal or interest,
upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid: 
 First: To
the payment of all amounts due the Trustee under Section 7.7; and 
 Second: To the payment of the amounts then due and unpaid for principal of and
interest on the Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal and interest,
respectively; and 
 Third: To the Company. 

Section 6.7. Limitation on Suits. 
 No Holder of any
Security of any Series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless 

(a) such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that Series; 

(b) the Holders of not less than 25% in principal amount of the outstanding Securities of that Series shall have made written request to the Trustee to
institute proceedings in respect of such Event of Default in its own name as Trustee hereunder; 
 (c) such Holder or Holders have offered to the Trustee
indemnity or security satisfactory to the Trustee against the costs, expenses and liabilities which might be incurred by the Trustee in compliance with such request; 

(d) the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 

(e) no direction inconsistent with such written request has been given to the Trustee during such 60-day period by the
Holders of a majority in principal amount of the outstanding Securities of that Series; 
 it being understood, intended and expressly covenanted by the
Holder of every Security with every other Holder and the Trustee that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or prejudice the
rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided and for the equal and ratable benefit of
all such Holders of the applicable Series. 
 Section 6.8. Unconditional Right of Holders to Receive Principal and Interest. 

Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive
payment of the principal of and interest, if any, on such Security on the Maturity of such Security, including the Stated Maturity expressed in such Security (or, in the case of redemption, on the redemption date) and to institute suit for the
enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder. 

  
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 Section 6.9. Restoration of Rights and Remedies. 

If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or
abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be restored severally and
respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted. 

Section 6.10. Rights and Remedies Cumulative. 

Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in Section 2.7, no right or
remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right
and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not, to the extent permitted by law, prevent the concurrent assertion or
employment of any other appropriate right or remedy. 
 Section 6.11. Delay or Omission Not Waiver. 

No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any
such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be
deemed expedient, by the Trustee or by the Holders, as the case may be. 
 Section 6.12. Control by Holders. 

The Holders of a majority in principal amount of the outstanding Securities of any Series shall have the right to direct the time, method and place of
conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such Series, provided that 

(a) such direction shall not be in conflict with any rule of law or with this Indenture, 

(b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction, 

(c) subject to the provisions of Section 7.1, the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith
shall, by a Responsible Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability, and 
 (d) prior
to taking any action as directed under this Section 6.12, the Trustee shall be entitled to indemnity satisfactory to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 

Section 6.13. Waiver of Past Defaults. 
 The Holders
of not less than a majority in principal amount of the outstanding Securities of any Series may on behalf of the Holders of all the Securities of such Series, by written notice to the Trustee and the Company, waive any past Default hereunder with
respect to such Series and its consequences, except a Default in the payment of the principal of or interest on any Security of such Series (provided, however, that the Holders of a majority in principal amount of the outstanding Securities of any
Series may rescind an acceleration and its consequences, including any related payment default that resulted from such acceleration). Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed
to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 

  
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 Section 6.14. Undertaking for Costs. 

All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have agreed, that any court may in its
discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing by any party litigant in such suit of an
undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the
claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in
the aggregate more than 10% in principal amount of the outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of or interest on any Security on or after the Maturity of such
Security, including the Stated Maturity expressed in such Security (or, in the case of redemption, on the redemption date). 
 Section 6.15
Subordination 
 Upon any distribution of our assets upon the Company’s dissolution, winding up, liquidation or reorganization, the payment of
the principal of (and premium, if any) and interest on any Securities denominated as subordinated Securities is to be subordinated to the extent provided in this Indenture in right of payment to the prior payment in full of all Senior Indebtedness,
but the Company’s obligation to Holders to make payment of the principal of (and premium, if any) and interest on such subordinated Securities will not otherwise be affected. In addition, no payment on account of principal (or premium, if any),
interest or sinking fund, if any, may be made on such subordinated Securities at any time unless full payment of all amounts due in respect of the principal (and premium, if any), interest and sinking fund, if any, on Senior Indebtedness has been
made or duly provided for in money or money’s worth. 
 In the event that, notwithstanding the foregoing, any payment from the Company is received by
the Trustee in respect of subordinated Securities or by the Holders of any of such subordinated Securities before all Senior Indebtedness is paid in full, the payment or distribution must be paid over to the Holders of the Senior Indebtedness or on
their behalf for application to the payment of all the Senior Indebtedness remaining unpaid until all the Senior Indebtedness has been paid in full, after giving effect to any concurrent payment or distribution to the Holders of the Senior
Indebtedness. Subject to the payment in full of all Senior Indebtedness, the Holders of such subordinated Securities will be subrogated to the rights of the Holders of the Senior Indebtedness to the extent of payments made to the Holders of the
Senior Indebtedness out of the distributive share of such subordinated Securities. 
 By reason of this subordination, in the event of a distribution of our
assets upon the Company’s insolvency, certain of our senior creditors may recover more, ratably, than holders of any subordinated Securities. These subordination provisions will not apply to money and Securities held in trust under the
defeasance provisions of this Indenture. 
 ARTICLE VII. 

TRUSTEE 
 Section 7.1. Duties of
Trustee. 
 (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by this Indenture
and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 

(b) Except during the continuance of an Event of Default: 
 (i)
The Trustee need perform only those duties that are specifically set forth in this Indenture and no others. 
 (ii) In the absence of bad faith on its part,
the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon Officer’s Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this
Indenture; however, in the case of any such Officer’s Certificates or Opinions of Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officer’s Certificates
and Opinions of Counsel to determine whether or not they conform to the form requirements of this Indenture. 

  
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 (c) The Trustee may not be relieved from liability for its own negligent action, its own negligent failure
to act or its own willful misconduct, except that: 
 (i) This paragraph does not limit the effect of paragraph (b) of this Section. 

(ii) The Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved that the Trustee was negligent
in ascertaining the pertinent facts. 
 (iii) The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it with
respect to Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding Securities of such Series relating to the time, method and place of conducting any proceeding for
any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such Series in accordance with Section 6.12. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraph (a), (b) and (c) of this Section. 

(e) The Trustee may refuse to perform any duty or exercise any right or power unless it receives indemnity satisfactory to it against the costs, expenses and
liabilities which might be incurred by it in performing such duty or exercising such right or power. 
 (f) The Trustee shall not be liable for interest on
any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. 

(g) No provision of this Indenture shall require the Trustee to risk its own funds or otherwise incur any financial liability in the performance of any of its
duties, or in the exercise of any of its rights or powers, if adequate indemnity against such risk is not assured to the Trustee in its satisfaction. 
 (h)
The Paying Agent, the Registrar and any authenticating agent shall be entitled to the protections and immunities as are set forth in paragraphs (e), (f) and (g) of this Section and in Section 7.2, each with respect to the Trustee. 

Section 7.2. Rights of Trustee. 
 (a) The Trustee
may rely on and shall be protected in acting or refraining from acting upon any document (whether in its original or facsimile form) believed by it to be genuine and to have been signed or presented by the proper person. The Trustee need not
investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or refrains from acting, it may require an Officer’s Certificate
or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel. 

(c) The Trustee may act through agents and shall not be responsible for the misconduct or negligence of any agent appointed with due care. No Depositary shall
be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any Depositary. 
 (d) The Trustee shall not be liable
for any action it takes or omits to take in good faith which it believes to be authorized or within its rights or powers, provided that the Trustee’s conduct does not constitute willful misconduct or negligence. 

(e) The Trustee may consult with counsel and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in
respect of any action taken, suffered or omitted by it hereunder without willful misconduct or negligence, and in reliance thereon. 
 (f) The Trustee shall
be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders of Securities unless such Holders shall have offered to the Trustee security or indemnity satisfactory to
it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 

  
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 (g) The Trustee shall not be bound to make any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such further
inquiry or investigation into such facts or matters as it may see fit. 
 (h) The Trustee shall not be deemed to have notice of any Default or Event of
Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice
references the Securities generally or the Securities of a particular Series and this Indenture. 
 (i) In no event shall the Trustee be liable to any
person for special, punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Trustee has been advised of the likelihood of such loss or damage. 

(j) The permissive right of the Trustee to take the actions permitted by this Indenture shall not be construed as an obligation or duty to do so. 

Section 7.3. Individual Rights of Trustee. 
 The
Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Company or an Affiliate of the Company with the same rights it would have if it were not Trustee. Any Agent may do the same
with like rights. The Trustee is also subject to Sections 7.10 and 7.11. 
 Section 7.4. Trustee’s Disclaimer. 

The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities, it shall not be accountable for the Company’s use
of the proceeds from the Securities, and it shall not be responsible for any statement in the Securities other than its authentication. 
 Section 7.5.
Notice of Defaults. 
 If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if it is known to a
Responsible Officer of the Trustee, the Trustee shall send to each Securityholder of the Securities of that Series notice of a Default or Event of Default within 90 days after it occurs or, if later, after a Responsible Officer of the Trustee has
knowledge of such Default or Event of Default. Except in the case of a Default or Event of Default in payment of principal of or interest on any Security of any Series, the Trustee may withhold the notice if and so long as its corporate trust
committee or a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Securityholders of that Series. 

Section 7.6. Reports by Trustee to Holders. 
 Within
60 days after each anniversary of the date of this Indenture, the Trustee shall transmit by mail to all Securityholders, as their names and addresses appear on the register kept by the Registrar, a brief report dated as of such anniversary date, in
accordance with, and to the extent required under, TIA § 313. 
 A copy of each report at the time of its mailing to Securityholders of any Series
shall be filed with the SEC and each national securities exchange on which the Securities of that Series are listed. The Company shall promptly notify the Trustee in writing when Securities of any Series are listed on any national securities
exchange. 
 Section 7.7. Compensation and Indemnity. 

The Company shall pay to the Trustee from time to time compensation for its services as the Company and the Trustee shall from time to time agree upon in
writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable out of pocket expenses incurred by it. Such expenses
shall include the reasonable compensation and expenses of the Trustee’s agents and counsel. 

  
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 The Company shall indemnify each of the Trustee and any predecessor Trustee (including for the cost of
defending itself) against any cost, expense or liability, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee) incurred by it except as set forth in the next paragraph in the performance of its duties
under this Indenture as Trustee or Agent. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Company shall not relieve the Company of its obligations hereunder, unless
and to the extent that the Company is materially prejudiced thereby. The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have one separate counsel and the Company shall pay the reasonable fees and
expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent will not be unreasonably withheld. This indemnification shall apply to officers, directors, employees, shareholders and agents of the
Trustee. 
 The Company need not reimburse any expense or indemnify against any loss or liability incurred by the Trustee or by any officer, director,
employee, shareholder or agent of the Trustee through willful misconduct or negligence. 
 To secure the Company’s payment obligations in this Section,
the Trustee shall have a lien prior to the Securities of any Series on all money or property held or collected by the Trustee, except that held in trust to pay principal of and interest on particular Securities of that Series. 

When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.1(d) or (e) occurs, the expenses and the
compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law. 
 The provisions of this Section shall
survive the termination of this Indenture. 
 Section 7.8. Replacement of Trustee. 

A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of
appointment as provided in this Section. 
 The Trustee may resign with respect to the Securities of one or more Series by so notifying the Company at least
30 days prior to the date of the proposed resignation. The Holders of a majority in principal amount of the Securities of any Series may remove the Trustee with respect to that Series by so notifying the Trustee and the Company. The Company may
remove the Trustee with respect to Securities of one or more Series if: 
 (a) the Trustee fails to comply with Section 7.10; 

(b) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is entered with respect to the Trustee under any Bankruptcy Law; 

(c) a Custodian or public officer takes charge of the Trustee or its property; or 

(d) the Trustee becomes incapable of acting. 
 If the Trustee
resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Company shall promptly appoint a successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of
the then outstanding Securities may appoint a successor Trustee to replace the successor Trustee appointed by the Company. 
 If a successor Trustee with
respect to the Securities of any one or more Series does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Company or the Holders of at least a majority in principal amount of the Securities
of the applicable Series may petition any court of competent jurisdiction for the appointment of a successor Trustee. 
 A successor Trustee shall deliver a
written acceptance of its appointment to the retiring Trustee and to the Company. Immediately after that, the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in
Section 7.7, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as
Trustee under this Indenture. A successor Trustee shall mail a notice of its succession to each Securityholder of each such Series. Notwithstanding replacement of the Trustee pursuant to this Section 7.8, the Company’s obligations under
Section 7.7 hereof shall continue for the benefit of the retiring Trustee with respect to expenses and liabilities incurred by it for actions taken or omitted to be taken in accordance with its rights, powers and duties under this Indenture
prior to such replacement. 

  
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 Section 7.9. Successor Trustee by Merger, Etc. 

If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the
successor corporation without any further act shall be the successor Trustee, subject to Section 7.10. 
 Section 7.10. Eligibility;
Disqualification. 
 This Indenture shall always have a Trustee who satisfies the requirements of TIA § 310(a)(1), (2) and (5). The Trustee shall
always have a combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA § 310(b). 

Section 7.11. Preferential Collection of Claims Against Company. 

The Trustee is subject to TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee who has resigned or been removed shall
be subject to TIA § 311(a) to the extent indicated. 
 ARTICLE VIII. 

SATISFACTION AND DISCHARGE; DEFEASANCE 

Section 8.1. Satisfaction and Discharge of Indenture. 

This Indenture shall upon Company Order be discharged with respect to the Securities of any Series and cease to be of further effect as to all Securities of
such Series (except as hereinafter provided in this Section 8.1), and the Trustee, at the expense of the Company, shall execute instruments acknowledging satisfaction and discharge of this Indenture, when 

(a) either 
 (i) all Securities of such Series theretofore
authenticated and delivered (other than Securities that have been destroyed, lost or stolen and that have been replaced or paid) have been delivered to the Trustee for cancellation; or 

(ii) all such Securities of such Series not theretofore delivered to the Trustee for cancellation 

(1) have become due and payable by reason of sending a notice of redemption or otherwise, or 

(2) will become due and payable at their Stated Maturity within one year, or 

(3) have been called for redemption or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice
of redemption by the Trustee in the name, and at the expense, of the Company, or 
 (4) are deemed paid and discharged pursuant to Section 8.3, as
applicable; 
 and the Company, in the case of (1), (2) or (3) above, shall have irrevocably deposited or caused to be deposited with the Trustee as
trust funds in trust an amount of money or U.S. Government Obligations, which amount shall be sufficient for the purpose of paying and discharging each installment of principal (including mandatory sinking fund or analogous payments) of and interest
on all the Securities of such Series on the dates such installments of principal or interest are due; 
 (b) the Company has paid or caused to be paid all
other sums payable hereunder by the Company; and 
 (c) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that all conditions precedent provided for relating to the satisfaction and discharge contemplated by this Section have been complied with. 

  
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 Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the
Trustee under Section 7.7, and, if money shall have been deposited with the Trustee pursuant to clause (a) of this Section, the provisions of Sections 2.4, 2.7, 8.2 and 8.5 shall survive. 

Section 8.2. Application of Trust Funds; Indemnification. 

(a) Subject to the provisions of Section 8.5, all money and U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee
pursuant to Section 8.1, 8.3 or 8.4 and all money received by the Trustee in respect of U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.1, 8.3 or 8.4, shall be held in trust
and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the
persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Sections 8.1, 8.3 or 8.4.

 (b) The Company shall pay and shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against U.S. Government Obligations
or Foreign Government Obligations deposited pursuant to Sections 8.1, 8.3 or 8.4 or the interest and principal received in respect of such obligations other than any payable by or on behalf of Holders. 

(c) The Trustee shall deliver or pay to the Company from time to time upon Company Order any U.S. Government Obligations or Foreign Government Obligations or
money held by it as provided in Sections 8.3 or 8.4 which, in the opinion of a nationally recognized firm of independent certified public accountants or investment bank expressed in a written certification thereof delivered to the Trustee, are then
in excess of the amount thereof which then would have been required to be deposited for the purpose for which such U.S. Government Obligations or Foreign Government Obligations or money were deposited or received. This provision shall not authorize
the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held under this Indenture. 
 Section 8.3. Legal
Defeasance of Securities of any Series. 
 Unless this Section 8.3 is otherwise specified, pursuant to Section 2.2, to be inapplicable to
Securities of any Series, the Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Securities of any Series on the 91st day after the date of the deposit referred to in subparagraph (d) hereof, and
the provisions of this Indenture, as it relates to such outstanding Securities of such Series, shall no longer be in effect (and the Trustee, at the expense of the Company, shall, upon receipt of a Company Order, execute instruments acknowledging
the same), except as to: 
 (a) the rights of Holders of Securities of such Series to receive, from the trust funds described in subparagraph
(d) hereof, (i) payment of the principal of and each installment of principal of and interest on the outstanding Securities of such Series on the Maturity of such principal or installment of principal or interest and (ii) the benefit of
any mandatory sinking fund payments applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with the terms of this Indenture and the Securities of such Series; 

(b) the provisions of Sections 2.4, 2.5, 2.7, 7.7, 8.2, 8.3, 8.5 and 8.6; and 

(c) the rights, powers, trusts and immunities of the Trustee hereunder and the Company’s obligations in connection therewith; 

provided that, the following conditions shall have been satisfied: 

(d) the Company shall have irrevocably deposited or caused to be deposited (except as provided in Section 8.2(c)) with the Trustee as trust funds
specifically pledged as security for and dedicated solely to the benefit of the Holders of such Securities (i) in the case of Securities of such Series denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in
the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which through the payment of interest and principal in respect thereof in accordance with their
terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Trustee), not later than one day before the due date of any payment of 

  
 23 

 
money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent public accountants or investment bank expressed in a written certification thereof delivered to
the Trustee, to pay and discharge each installment of principal of and interest, on and any mandatory sinking fund payments in respect of all the Securities of such Series on the dates such installments of principal or interest and such sinking fund
payments are due; 
 (e) such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or
instrument to which the Company is a party or by which it is bound; 
 (f) no Default or Event of Default with respect to the Securities of such Series
shall have occurred and be continuing on the date of such deposit or during the period ending on the 91st day after such date; 
 (g) the Company shall have
delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel to the effect that (i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date of
execution of this Indenture, there has been a change in the applicable Federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the Securities of such Series will not
recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject to Federal income tax on the same amount and in the same manner and at the same times as would have been the
case if such deposit, defeasance and discharge had not occurred; 
 (h) the Company shall have delivered to the Trustee an Officer’s Certificate
stating that the deposit was not made by the Company with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company; and 

(i) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent
provided for relating to the defeasance contemplated by this Section have been complied with. 
 Section 8.4. Covenant Defeasance. 

Unless this Section 8.4 is otherwise specified pursuant to Section 2.2 to be inapplicable to Securities of any Series, the Company may omit to
comply with respect to the Securities of any Series with any term, provision or condition set forth under Sections 4.2, 4.3, 4.4 and 5.1 and, unless otherwise specified therein, any additional covenants specified in a supplemental indenture for such
Series of Securities or a Board Resolution or an Officer’s Certificate delivered pursuant to Section 2.2 (and the failure to comply with any such covenants shall not constitute a Default or Event of Default with respect to such Series
under Section 6.1) and the occurrence of any event specified in a supplemental indenture for such Series of Securities or a Board Resolution or an Officer’s Certificate delivered pursuant to Section 2.2 and designated as an Event of
Default shall not constitute a Default or Event of Default hereunder, with respect to the Securities of such Series, but, except as specified above, the remainder of this Indenture and such Securities will be unaffected thereby; provided that the
following conditions shall have been satisfied: 
 (a) with reference to this Section 8.4, the Company has irrevocably deposited or caused to be
irrevocably deposited (except as provided in Section 8.2(c)) with the Trustee as trust funds in trust for the purpose of making the following payments specifically pledged as security for, and dedicated solely to, the benefit of the Holders of
such Securities (i) in the case of Securities of such Series denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign Currency (other than a
composite currency), money and/or Foreign Government Obligations, which through the payment of interest and principal in respect thereof in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be
imposed on such Trustee), not later than one day before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent certified public accountants or investment bank expressed in a
written certification thereof delivered to the Trustee, to pay and discharge each installment of principal (including mandatory sinking fund or analogous payments) of and interest on all the Securities of such Series on the dates such installments
of principal or interest are due; 
 (b) such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any
other agreement or instrument to which the Company is a party or by which it is bound; 
 (c) no Default or Event of Default with respect to the Securities
of such Series shall have occurred and be continuing on the date of such deposit; 

  
 24 

 (d) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel
to the effect that the Holders of the Securities of such Series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit and covenant defeasance and will be subject to Federal income tax on the same amount
and in the same manner and at the same times as would have been the case if such deposit and covenant defeasance had not occurred; 
 (e) The Company shall
have delivered to the Trustee an Officer’s Certificate stating the deposit was not made by the Company with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company; and 

(f) The Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent herein
provided for relating to the covenant defeasance contemplated by this Section have been complied with. 
 Section 8.5. Repayment to Company.

 Subject to applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Company upon request any money held by them for the
payment of principal and interest that remains unclaimed for two years. After that, Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another
person. 
 Section 8.6. Reinstatement. 
 If the
Trustee or the Paying Agent is unable to apply any money deposited with respect to Securities of any Series in accordance with Section 8.1 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental
authority enjoining, restraining or otherwise prohibiting such application, the obligations of the Company under this Indenture with respect to the Securities of such Series and under the Securities of such Series shall be revived and reinstated as
though no deposit had occurred pursuant to Section 8.1 until such time as the Trustee or the Paying Agent is permitted to apply all such money in accordance with Section 8.1; provided, however, that if the Company has made
any payment of principal of or interest on or any Additional Amounts with respect to any Securities because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such
payment from the money or U.S. Government Obligations held by the Trustee or Paying Agent after payment in full to the Holders. 
 ARTICLE
IX. 
 AMENDMENTS AND WAIVERS 

Section 9.1. Without Consent of Holders. 
 The
Company and the Trustee may amend or supplement this Indenture or the Securities of one or more Series without the consent of any Securityholder: 
 (a) to
cure any ambiguity, defect or inconsistency; 
 (b) to comply with Article V; 

(c) to provide for uncertificated Securities in addition to or in place of certificated Securities; 

(d) to add guarantees with respect to Securities of any Series or secure Securities of any Series; 

(e) to surrender any of the Company’s rights or powers under this Indenture; 

(f) to add covenants or events of default for the benefit of the holders of Securities of any Series; 

  
 25 

 (g) to comply with the applicable procedures of the applicable depositary; 

(h) to make any change that does not adversely affect the rights of any Securityholder; 

(i) to provide for the issuance of and establish the form and terms and conditions of Securities of any Series as permitted by this Indenture; 

(j) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or more Series and to add
to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee; or 

(k) to comply with requirements of the SEC in order to effect or maintain the qualification of this Indenture under the TIA. 

Section 9.2. With Consent of Holders. 
 9.2.1. The
following types of changes may require specific approval of all of the Holders: 
 (a) change the Stated Maturity of the principal of or rate of interest on
a Security; 
 (b) reduce the principal or any amounts due on a Security; 

(c) reduce the amount of principal payable upon acceleration of the Maturity of a Security following a Default; 

(d) at any time after a change of control has occurred, reduce any premium payable upon a change of control; 

(e) unless otherwise described in a supplemental indenture, change the place or currency of payment on a Security; 

(f) impair the right of Holders to sue for payment; 
 (g)
adversely affect any right to convert or exchange a Security in accordance with its terms; 
 (h) reduce the percentage of Holders of Securities whose
consent is needed to modify or amend this Indenture; 
 (i) reduce the percentage of Holders of Securities whose consent is needed to waive compliance with
certain provisions of this Indenture or to waive certain Defaults; 
 (j) modify any other aspect of the provisions of this Indenture dealing with
supplemental indenture, modification and waiver of past Defaults, changes to the quorum or voting requirements or the wavier of certain covenants; and 

(k) change any obligations the Company has to pay Additional Amounts. 

9.2.2. Any other change to this Indenture and the Securities shall require majority approval: 

(a) if the change affects only one Series of Securities, it must be approved by the Holders of a majority in principal amount of that Series; and 

(b) if the change affects more than one Series of Securities issued under the same indenture, it must be approved by the Holders of a majority in principal
amount of all of the Series affected by the change, with all affected Series voting together as one class for this purpose. 

  
 26 

 The Holders of a majority in principal amount of all of the Series of Securities issued under this
Indenture, voting together as one class for this purpose, may waive Company compliance obligations with respect to some covenants in this Indenture. However, the Company cannot obtain a waiver of payment default or any of the matters in
Section 9.2.1. 
 Section 9.3. Compliance with Trust Indenture Act. 

Every amendment to this Indenture or the Securities of one or more Series shall be set forth in a supplemental indenture hereto that complies with the TIA as
then in effect. 
 Section 9.4. Revocation and Effect of Consents. 

Until an amendment is set forth in a supplemental indenture or a waiver becomes effective, a consent to it by a Holder of a Security is a continuing consent
by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security. However, any such Holder or
subsequent Holder may revoke the consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date of the supplemental indenture or the date the waiver becomes effective. 

Any amendment or waiver once effective shall bind every Securityholder of each Series affected by such amendment or waiver unless it is of the type described
in Section 9.2.2. In that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s
Security. 
 The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to give their consent or
take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the second immediately preceding paragraph, those Persons who were Holders at such record date (or
their duly designated proxies), and only those persons, shall be entitled to give such consent or to revoke any consent previously given or take any such action, whether or not such Persons continue to be Holders after such record date. No such
consent shall be valid or effective for more than 120 days after such record date. 
 Section 9.5. Notation on or Exchange of Securities. 

The Company or the Trustee may place an appropriate notation about an amendment or waiver on any Security of any Series thereafter authenticated. The Company
in exchange for Securities of that Series may issue and the Trustee shall authenticate upon receipt of a Company Order in accordance with Section 2.3 new Securities of that Series that reflect the amendment or waiver. 

Section 9.6. Trustee Protected. 
 In executing, or
accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.1) shall
be fully protected in relying upon, an Officer’s Certificate or an Opinion of Counsel or both complying with Section 10.4. The Trustee shall sign all supplemental indentures upon delivery of such an Officer’s Certificate or Opinion of
Counsel or both, except that the Trustee need not sign any supplemental indenture that adversely affects its rights, duties, liabilities or immunities under this Indenture. 

ARTICLE X. 
 MISCELLANEOUS 

Section 10.1. Trust Indenture Act Controls. 
 If any
provision of this Indenture limits, qualifies, or conflicts with another provision which is required or deemed to be included in this Indenture by the TIA, such required or deemed provision shall control. 

  
 27 

 Section 10.2. Notices. 

Any notice or communication by the Company or the Trustee to the other, or by a Holder to the Company or the Trustee, is duly given if in writing and
delivered in person or mailed by first-class mail (registered or certified, return receipt requested), facsimile transmission, email or overnight air courier guaranteeing next day delivery, to the others’ address: 

if to the Company: 
 Pyxis Oncology, Inc. 

150 Cambridgepark Drive 

Cambridge, MA 02140 
 Attention:
Chief Executive Officer 
 Telephone: (617) 221-9059 

with copies to: 
 Sidley Austin LLP 

787 Seventh Avenue 
 New York,
NY 10019 
 Attention: Frank Rahmani, Asher Rubin, Istvan A. Hajdu 

Telephone: (212) 839-5599 

if to the Trustee: 
 [ ] 

Attention: [ ] 

Telephone: [ ] 
 with a copy to: 

[ ] 
 Attention: [ ]

 Telephone: [ ] 
 The Company or the
Trustee by notice to the other may designate additional or different addresses for subsequent notices or communications. 
 Any notice or communication to a
Securityholder shall be sent electronically or by first-class mail to his, her or its address shown on the register kept by the Registrar, in accordance with the procedures of the Depositary. Failure to send a notice or communication to a
Securityholder of any Series or any defect in it shall not affect its sufficiency with respect to other Securityholders of that or any other Series. 
 If a
notice or communication is sent or published in the manner provided above, within the time prescribed, it is duly given, whether or not the Securityholder receives it. 

If the Company sends a notice or communication to Securityholders, it shall send a copy to the Trustee and each Agent at the same time. 

Notwithstanding any other provision of this Indenture or any Security, where this Indenture or any Security provides for notice of any event (including any
notice of redemption) to a Holder of a Global Security (whether by mail or otherwise), such notice shall be sufficiently given to the Depositary for such Security (or its designee) pursuant to the customary procedures of such Depositary. 

  
 28 

 Section 10.3. Communication by Holders with Other Holders. 

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

Section 10.4. Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the Trustee: 

(a) an Officer’s Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture relating to
the proposed action have been complied with; and 
 (b) an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent
have been complied with. 
 Section 10.5. Statements Required in Certificate or Opinion. 

Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a certificate provided pursuant
to TIA § 314(a)(4)) shall comply with the provisions of TIA § 314(e) and shall include: 
 (a) a statement that the person making such certificate
or opinion has read such covenant or condition; 
 (b) a brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such certificate or opinion are based; 
 (c) a statement that, in the opinion of such person, he has made such
examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(d) a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with. 

Section 10.6. Rules by Trustee and Agents. 
 The
Trustee may make reasonable rules for action by or a meeting of Securityholders of one or more Series. Any Agent may make reasonable rules and set reasonable requirements for its functions. 

Section 10.7. Legal Holidays. 
 A “Legal
Holiday” is any day that is not a Business Day. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the
intervening period. 
 Section 10.8. No Recourse Against Others. 

A director, officer, employee or stockholder (past or present), as such, of the Company shall not have any liability for any obligations of the Company under
the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and releases all such liability. The waiver and release are part of the
consideration for the issue of the Securities. 
 Section 10.9. Counterparts. 

This Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be
deemed to be an original and all of which taken together shall constitute one and the same agreement. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery
of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. 

  
 29 

 Section 10.10. Governing Law; Waiver of Jury Trial; Consent to Jurisdiction. 

THIS INDENTURE AND THE SECURITIES, INCLUDING ANY CLAIM OR CONTROVERSY ARISING OUT OF OR RELATING TO THE INDENTURE OR THE SECURITIES, SHALL BE GOVERNED BY
THE LAWS OF THE STATE OF NEW YORK. 
 THE COMPANY, THE TRUSTEE AND THE HOLDERS (BY THEIR ACCEPTANCE OF THE SECURITIES) EACH HEREBY IRREVOCABLY WAIVE,
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. 

Any legal suit, action or proceeding arising out of or based upon this Indenture or the transactions contemplated hereby may be instituted in the federal
courts of the United States of America located in the City of New York or the courts of the State of New York in each case located in the City of New York (collectively, the “Specified Courts”), and each party irrevocably submits to
the non exclusive jurisdiction of such courts in any such suit, action or proceeding. Service of any process, summons, notice or document by mail (to the extent allowed under any applicable statute or rule of court) to such party’s address set
forth above shall be effective service of process for any suit, action or other proceeding brought in any such court. The Company, the Trustee and the Holders (by their acceptance of the Securities) each hereby irrevocably and unconditionally waive
any objection to the laying of venue of any suit, action or other proceeding in the Specified Courts and irrevocably and unconditionally waive and agree not to plead or claim any such suit, action or other proceeding has been brought in an
inconvenient forum. 
 Section 10.11. No Adverse Interpretation of Other Agreements. 

This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company or a Subsidiary of the Company. Any such indenture, loan
or debt agreement may not be used to interpret this Indenture. 
 Section 10.12. Successors. 

All agreements of the Company in this Indenture and the Securities shall bind its successor. All agreements of the Trustee in this Indenture shall bind its
successor. 
 Section 10.13. Severability. 
 In
case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

Section 10.14. Table of Contents, Headings, Etc. 

The Table of Contents, Cross Reference Table, and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference
only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 
 Section 10.15.
Securities in a Foreign Currency. 
 Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officer’s
Certificate delivered pursuant to Section 2.2 of this Indenture with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal
amount of Securities of all Series or all Series affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in more than one currency, then the principal amount of
Securities of such Series which shall be deemed to be outstanding for the purpose of taking such action shall be determined by converting any such other currency into a currency that is designated upon issuance of

  
 30 

 
any particular Series of Securities. Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate delivered pursuant to Section 2.2 of
this Indenture with respect to a particular Series of Securities, such conversion shall be at the spot rate for the purchase of the designated currency as published in The Financial Times in the “Currency Rates” section (or, if The
Financial Times is no longer published, or if such information is no longer available in The Financial Times, such source as may be selected in good faith by the Company) on any date of determination. The provisions of this paragraph shall apply in
determining the equivalent principal amount in respect of Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. 

All decisions and determinations provided for in the preceding paragraph shall, in the absence of manifest error, to the extent permitted by law, be
conclusive for all purposes and irrevocably binding upon the Trustee and all Holders. 
 Section 10.16. Judgment Currency. 

The Company agrees, to the fullest extent that it may effectively do so under applicable law, that (a) if for the purpose of obtaining judgment in any
court it is necessary to convert the sum due in respect of the principal of or interest or other amount on the Securities of any Series (the “Required Currency”) into a currency in which a judgment will be rendered (the
“Judgment Currency”), the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the day
on which final unappealable judgment is entered, unless such day is not a New York Banking Day, then the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York
the Required Currency with the Judgment Currency on the New York Banking Day preceding the day on which final unappealable judgment is entered and (b) its obligations under this Indenture to make payments in the Required Currency (i) shall
not be discharged or satisfied by any tender, any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall
result in the actual receipt, by the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering
in the Required Currency the amount, if any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable, and (iii) shall not be affected by judgment being obtained for any other sum due
under this Indenture. For purposes of the foregoing, “New York Banking Day” means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law,
regulation or executive order to close. 
 Section 10.17. Force Majeure. 

In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by,
directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss
or malfunctions of utilities, communications or computer (software and hardware) services, it being understood that the Trustee shall use reasonable best efforts which are consistent with accepted practices in the banking industry to resume
performance as soon as practicable under the circumstances. 
 Section 10.18. U.S.A. Patriot Act. 

The parties hereto acknowledge that in accordance with Section 326 of the U.S.A. Patriot Act, the Trustee is required to obtain, verify, and record
information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for
the Trustee to satisfy the requirements of the U.S.A. Patriot Act. 

  
 31 

 ARTICLE XI. 

SINKING FUNDS 
 Section 11.1.
Applicability of Article. 
 The provisions of this Article shall be applicable to any sinking fund for the retirement of the Securities of a Series
if so provided by the terms of such Securities pursuant to Section 2.2 and except as otherwise permitted or required by any form of Security of such Series issued pursuant to this Indenture. 

The minimum amount of any sinking fund payment provided for by the terms of the Securities of any Series is herein referred to as a “mandatory sinking
fund payment” and any other amount provided for by the terms of Securities of such Series is herein referred to as an “optional sinking fund payment.” If provided for by the terms of Securities of any Series, the cash
amount of any sinking fund payment may be subject to reduction as provided in Section 11.2. Each sinking fund payment shall be applied to the redemption of Securities of any Series as provided for by the terms of the Securities of such Series.

 Section 11.2. Satisfaction of Sinking Fund Payments with Securities. 

The Company may, in satisfaction of all or any part of any sinking fund payment with respect to the Securities of any Series to be made pursuant to the terms
of such Securities (1) deliver outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for mandatory sinking fund redemption) and (2) apply as credit
Securities of such Series to which such sinking fund payment is applicable and which have been repurchased by the Company or redeemed either at the election of the Company pursuant to the terms of such Series of Securities (except pursuant to any
mandatory sinking fund) or through the application of permitted optional sinking fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities have not been previously so credited. Such
Securities shall be received by the Trustee, together with an Officer’s Certificate with respect thereto, not later than 15 days prior to the date on which the Trustee begins the process of selecting Securities for redemption, and shall be
credited for such purpose by the Trustee at the price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. If as a result of the delivery or
credit of Securities in lieu of cash payments pursuant to this Section 11.2, the principal amount of Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than $100,000, the Trustee need not call
Securities of such Series for redemption, except upon receipt of a Company Order that such action be taken, and such cash payment shall be held by the Trustee or a Paying Agent and applied to the next succeeding sinking fund payment,
provided, however, that the Trustee or such Paying Agent shall from time to time upon receipt of a Company Order pay over and deliver to the Company any cash payment so being held by the Trustee or such Paying Agent upon delivery by
the Company to the Trustee of Securities of that Series purchased by the Company having an unpaid principal amount equal to the cash payment required to be released to the Company. 

Section 11.3. Redemption of Securities for Sinking Fund. 

Not less than 45 days (unless otherwise indicated in the Board Resolution, supplemental indenture hereto or Officer’s Certificate in respect of a
particular Series of Securities) prior to each sinking fund payment date for any Series of Securities, the Company will deliver to the Trustee an Officer’s Certificate specifying the amount of the next ensuing mandatory sinking fund payment for
that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting of Securities of that Series pursuant to
Section 11.2, and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Company shall thereupon be obligated to pay the amount therein specified. Not less than 30 days (unless otherwise
indicated in the Board Resolution, Officer’s Certificate or supplemental indenture in respect of a particular Series of Securities) before each such sinking fund payment date the Securities to be redeemed upon such sinking fund payment date
will be selected in the manner specified in Section 3.2 and the Company shall send or cause to be sent a notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in and in accordance
with Section 3.3. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 3.4, 3.5 and 3.6. 

  
 32 

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

			
	PYXIS ONCOLOGY, INC.
		
	By:	 	  

		 	Name:
		 	Its:

  

			
	[ ], as Trustee
		
	By:	 	  

		 	Name:
		 	Its:

  
 33Exhibit
10.1

 

UNEX
HOLDINGS INC.

 

SUBSCRIPTION
DOCUMENTS

 

(for
Non-U.S. Subscribers under Regulation S)

 

Up
to 6,000,000 Shares of Common Stock at US$2.5 per Share

 

    	 

    	 

    

 

UNEX
HOLDINGS INC.

 

SUBSCRIPTION
DOCUMENTS

 

This
Subscription Packet Contains the following (together, the “Subscription Documents”):

 

	I	Subscriber
    Instructions
	II
    	Subscription
    Agreement
	III
    	Investor
    Questionnaire

 

	Name
    of Subscriber: 	_____________________________________
	City
    and Country of Residence:	_____________________________________
	Citizenship
    of Subscriber:	_____________________________________
	Passport/National	
	Registration
    Identity Card (NRIC):	_____________________________________
	Subscriber’s
    Telephone Number	_____________________________________
	Subscriber’s
    Facsimile Number:	_____________________________________
	Subscriber’s
    Email Address:	_____________________________________
	Date
    of Subscription: 	_____________________________________
	Number
    of Shares of	
	Common
    Stock Subscribed For: 	_____________________________________
	 	 
	Purchase
    Price Per	
	Share
    of Common Stock: 	_____________________________________
	 	
	Aggregate
    Purchase Price: $	_____________________________________

 

SUBSCRIPTION
PROCEDURES

 

Complete
and sign the enclosed Subscription Documents in accordance with the instructions below and return them to: Unex Holdings Inc., 31-A2,
Jalan 5/32A, 6 1⁄2 Miles off Jalan Kepong, Off Jalan Kepong, 52000 Kuala Lumpur, Malaysia, with your payment by wire transfer of
immediately available funds in U.S. dollars or in such other currency as mutually agreed in writing by the Parties, to (i) such bank
account as designated in writing by the Company on the Closing Date (as defined in the Subscription Agreement therein), or (ii) to an
escrow agent (the “Escrow Agent”) designated in writing by the Company to the Subscriber on the Closing Date (as defined
in the Subscription Agreement therein), in accordance with wire instructions provided by the Escrow Agent, pursuant to the terms of an
escrow agreement separately agreed between the Company, the Subscriber, and the Escrow Agent in writing.

 

    	 

    	 

    

 

UNEX
HOLDINGS INC.

 

I.
SUBSCRIBER INSTRUCTIONS

 

(for
Non-U.S. Subscribers under Regulation S)

 

IF
YOU WISH TO SUBSCRIBE, PLEASE CAREFULLY FOLLOW THE INSTRUCTIONS BELOW. SUBSCRIPTION AGREEMENTS THAT ARE MISSING REQUESTED INFORMATION
OR SIGNATURES CANNOT BE CONSIDERED UNTIL SUCH INFORMATION AND SIGNATURES ARE PROVIDED. ALL SUCH INFORMATION WILL BE TREATED CONFIDENTIALLY.

 

A.
SUBSCRIPTION AGREEMENT: The Subscription Agreement must be fully completed by the prospective subscriber on the signature page
thereto. The completed Subscription Agreement must be signed by the prospective Subscriber and dated.

 

B.
INVESTOR QUESTIONNAIRE: The Investor Questionnaire must be fully completed by any prospective subscriber, signed by the prospective
subscriber and dated. Each purchasing entity must attach to the Investor Questionnaire a copy of its charter or other governing instrument
as well as appropriate evidence of its power and authority to purchase securities in this offering.

 

IF
YOU WISH TO RETAIN A COPY OF THESE SUBSCRIPTION DOCUMENTS FOR YOUR RECORDS, PLEASE MAKE A COPY OF THE FULLY COMPLETED SUBSCRIPTION DOCUMENTS
PRIOR TO SUBMITTING THEM TO THE COMPANY.

 

    	 

    	 

    

 

UNEX
HOLDINGS INC.

 

II.
SUBSCRIPTION AGREEMENT

 

(for
Non-U.S. Subscribers under Regulation S)

 

dated

 

_____________________
2022

 

    	 

    	 

    

 

TABLE
OF CONTENTS

 

	 	Page
	ARTICLE
    I DEFINITIONS	1
	 	 
	1.1	Certain
    Defined Terms	1
	1.2	Other
    Definitions	3
	1.3	Interpretation
    and Rules of Construction	3
	 	 	 
	ARTICLE
    II PURCHASE AND SALE; CLOSING	4
	 	 
	2.1	Subscription
    and Issuance of	4
	2.2	Closing
    of Share Subscription	4
	2.3	Closing
    Deliveries	4
	 	 	 
	ARTICLE
    III Representations and Warranties of the Company	6
	 	 
	3.1	Organization,
    Authority and Qualification of the Company	6
	3.2	Due
    Execution	6
	3.3	Litigation.
    	6
	3.4	Non-U.S.
    Transaction.	6
	 	 	 
	ARTICLE
    IV Representations and Warranties of the Subscriber	7
	 	 
	4.1	Non-U.S.
    Persons.	7
	4.2	Non-Political
    Figure.	7
	4.3	Non-U.S.
    Transaction..	8
	4.4	Due
    Execution	8
	4.5	No
    Conflict	8
	4.6	Proportionate
    Commitment.	8
	4.7	Substantial
    Knowledge and Experience.	9
	4.8	Truth
    and Accuracy.	9
	4.9	Consents
    and Approvals	9
	4.10	Notice..	9
	 	 	 
	ARTICLE
    V Additional Agreements	9
	 	 
	5.1	Registration
    Rights	9
	5.2	Confidentiality	10
	5.3	Notice
    of Developments	11
	5.4	Further
    Action	11
	 	 	 
	ARTICLE
    VI Tax Matters	11
	 	 
	6.1	Tax
    Liabilities Related to the Subject Transaction	11
	6.2	Tax
    Cooperation and Information Exchange	11

 

    	i

    	 

    

 

	ARTICLE VII Conditions
    to Closing	12
	 	 
	7.1	Conditions to Obligations
    of the Parties	12
	7.2	Conditions to Obligations
    of the Company	12
	7.3	Conditions to Obligations
    of the Subscriber	12
	 	 	 
	ARTICLE VIII Termination	13
	 	 
	8.1	Termination	13
	8.2	Effect of Termination	13
	 	 	 
	ARTICLE IX Indemnification	14
	 	 
	9.1	Indemnification.	14
	9.2	Procedures Relating to Indemnification.	14
	9.3	Limitation on the Liability..	14
	 	 	 
	ARTICLE X General
    Provisions	15
	 	 
	10.1	Expenses	15
	10.2	Notices	15
	10.3	Public Announcements	15
	10.4	Severability	15
	10.5	Entire Agreement; Conflict	15
	10.6	Assignment	15
	10.7	Amendment	16
	10.8	Waiver	16
	10.9	No Third Party Beneficiaries	16
	10.10	Governing Law; Arbitration.
    .	16
	10.11	Counterparts..	16

 

    	ii

    	 

    

 

SHARE
SUBSCRIPTION AGREEMENT

 

This
SHARE SUBSCRIPTION AGREEMENT (the “Agreement”), dated as of _________________, 2022, between Unex Holdings Inc., a
company incorporated with limited liability in the State of Nevada, United States of America (“US” or “U.S.”)
(the “Company”), and the subscriber set forth in the signature page (the “Signature Page”) attached hereto (the
“Subscriber”). Each of the above shall collectively be referred to as the “Parties”, and each, a “Party”.

 

RECITALS

 

WHEREAS,
the Subscriber desires to subscribe for and purchase, and the Company desires to issue and sell, certain number of shares of common stock,
par value $0.001 per share, (“Common Stock”) pursuant to the terms and conditions set forth in this Agreement.

 

WHEREAS,
the Company and the Subscriber are executing and delivering this Agreement in accordance with and in reliance upon the exemption from
securities registration afforded by Regulation S (“Regulation S”) as promulgated by the U.S. Securities and Exchange Commission
under the U.S. Securities Act.

 

WHEREAS,
the Subscriber is a “non-US person” as defined in Regulation S, subscribing the Subscription Shares solely for its own account
for the purpose of investment.

 

WHEREAS, before the Registration Period Start Date (as defined hereunder),
the Company is entering into various subscription agreements in accordance and in reliance upon the exemption from securities registration
afforded by Regulation D (“Regulation D”) of the Securities Act of 1933, as well as other Regulation S subscription agreements
of substantially the same form as this Agreement (the “Other Subscription Agreements” and together with this Agreement, the
“Subscription Agreements”) with certain other Regulation S and Regulation D investors (the “Other Subscribers”
and together with Subscriber, the “Subscribers”), pursuant to which such investors have agreed to purchase other subscriptions
shares (the “Other Subscription Shares”), and together with the Subscription Shares (as defined hereunder, and together with
the Other Subscription Shares, the “Aggregate Subscription Shares”), an aggregate amount of up to 6,000,000 shares of Common
Stock of the Company at US$2.5 per share.

 

NOW,
THEREFORE, in consideration of the foregoing and the mutual representations, warranties, covenants and agreements set forth herein, as
well as other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of the Parties hereto,
intending to be legally bound, agrees as follows:

 

ARTICLE
I

DEFINITIONS

 

1.1
Certain Defined Terms. For purposes of this Agreement:

 

“Affiliate”
means, with respect to any specified Person, any other Person that directly, or indirectly through one or more intermediaries, Controls,
is Controlled by, or is under common Control with, such specified Person.

 

    	1

    	 

    

 

“Business
Day” means any day that is not a Saturday, a Sunday or any other day on which banks are required or authorized by Law to be closed
in the U.S., Malaysia or Singapore.

 

“Control”
(including “Controlled by” and “under common Control with”) means with respect to the relationship between or
among two or more Persons, the possession of the power to direct or cause the direction of the affairs or management of a Person, whether
through the ownership of a majority of the outstanding voting securities, or having the right to appoint a majority of the members of
the board of directors, or as trustee, personal representative or executor, by contract, credit arrangement or otherwise.

 

“Exchange
Act” means the U.S. Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

“Governmental
Authority” means any U.S. or non-U.S. federal, national, supranational, state, provincial, local or similar government, taxation,
governmental, regulatory or administrative authority, agency or commission or any court, tribunal, or judicial or arbitral body.

 

“Law”
means any U.S. or non-U.S. federal, national, supranational, state, provincial, local or similar statute, law, ordinance, regulation,
rule, code, order, requirement or rule of law (including common law).

 

“Material
Adverse Effect” means any material adverse effect on the business, operations, assets, financial condition or prospects of the
Company or its subsidiaries, if any, taken as a whole, or on the transactions contemplated hereby or by the agreements or instruments
to be entered into in connection herewith.

 

“MYR”
means Malaysian Ringgit.

 

“Common
Stock” means the shares of common stock, par value US$0.001 per share, in the share capital of the Company.

 

“Person”
means any individual, partnership, firm, corporation, limited liability company, association, trust, unincorporated organization or other
entity.

 

“Securities
Act” means the U.S. Securities Act of 1933, as amended, and all of the rules and regulations promulgated thereunder.

 

“SEC
Documents” means all reports, schedules, forms, statements and other documents required to be filed by the Company under the Securities
Act and the Exchange Act, including pursuant to Section 13(a) or 15(d) of the Exchange Act, for the two years preceding the date hereof
(or such shorter period as the Company was required by law or regulation to file such material), and the foregoing materials, including
the exhibits thereto and documents incorporated by reference therein.

 

“SEC”
means the U.S. Securities and Exchange Commission.

 

    	2

    	 

    

 

“S$”
means Singapore Dollar.

 

“Transaction
Document” means, collectively, this Agreement and each of the other documents entered into or delivered by the parties hereto or
their respective Affiliates in connection with the transactions contemplated by this Agreement.

 

“US$”
means the United States Dollars, the lawful currency of the United States of America.

 

1.2
Other Definitions. The following terms have the meanings set forth in the sections set forth below:

 

	 	Definition	 	Location
	 	 	 	 
	 	“Agreement”	 	Preamble
	 	“Company”	 	Preamble
	 	“Subscriber”	 	Preamble
	 	“Parties”	 	Preamble
	 	“Party”	 	Preamble
	 	“Subscription
    Price”	 	Section
    2.1
	 	“Subscription
    Shares”	 	Section
    2.1
	 	“Closing”	 	Section
    2.2
	 	“Closing
    Date”	 	Section
    2.2
	 	“Registration
    Period Start Date”	 	Section
    5.1

 

1.3
Interpretation and Rules of Construction. In this Agreement, except to the extent otherwise provided or that the context otherwise
requires:

 

(a)
when a reference is made in this Agreement to an Article, Section, Exhibit or Schedule, such reference is to an Article or Section of,
or an Exhibit or Schedule to, this Agreement unless otherwise indicated;

 

(b)
the table of contents and headings in this Agreement are inserted for reference purposes only and do not affect in any way the meaning
or interpretation of this Agreement;

 

(c)
whenever the words “include,” “includes” or “including” are used in this Agreement, they are deemed
to be followed by the words “without limitation”;

 

    	3

    	 

    

 

(d)
the words “hereof,” “herein” and “hereunder” and words of similar import, when used in this Agreement,
refer to this Agreement as a whole and not to any particular provision of this Agreement;

 

(e)
whenever the word “day” is used in this Agreement, it shall be deemed to refer to a calendar day;

 

(f)
all terms defined in this Agreement have the defined meanings when used in any certificate or other document made or delivered pursuant
to this Agreement, unless otherwise defined therein;

 

(g)
the definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms;

 

(h)
any Law defined or referred to herein or in any agreement or instrument that is referred to herein means such Law or statute as from
time to time amended, modified or supplemented, including by succession of successor Laws;

 

(i)
references to a Person are also to its successors and permitted assigns; and

 

(j)
the use of “or” is not intended to be exclusive unless expressly indicated otherwise.

 

ARTICLE
II

PURCHASE
AND SALE; CLOSING

 

2.1
Subscription and Issuance of Common Stock. Upon the terms and subject to the conditions of this Agreement, at Closing (as defined
below), the Subscriber hereby agrees to subscribe for and purchase, and the Company hereby agrees to issue and sell to the Subscriber
the number of shares of Common Stock set forth on the Signature Page (the “Subscription Shares”) for an aggregate purchase
price set forth on the Signature Page (the “Purchase Price”), representing a per share purchase price as set forth on the
Signature Page.

 

2.2
Closing of Share Subscription. Subject to satisfaction or, to the extent permissible, waiver by the Party or Parties entitled
to the benefit of the relevant conditions, of all the conditions (other than conditions that by their nature are to be satisfied at Closing,
but subject to the satisfaction or, to the extent permissible, waiver of those conditions at Closing), the closing of the sale and purchase
of the Subscription Shares pursuant to this Section 2.2 (the “Closing”) shall take place remotely by electronic means (i)
five (5) business days from the date of this Agreement, or (ii) any other date as may be agreed by the Subscriber and the Company in
writing (the “Closing Date”).

 

2.3
Closing Deliveries . At the Closing,

 

(a)
the Subscriber shall pay, or cause to be paid, the Purchase Price to the Company by wire transfer of immediately available funds in U.S.
dollars or in such other currency as mutually agreed in writing by the Parties, to (i) such bank account as designated in writing by
the Company on the Closing Date, or (ii) an escrow agent (the “Escrow Agent”) designated in writing by the Company to the
Subscriber on the Closing Date, in accordance with wire instructions provided by the Escrow Agent, pursuant to the terms of an escrow
agreement separately agreed between the Company, the Subscriber, and the Escrow Agent in writing (the “Escrow Agreement”);

 

    	4

    	 

    

 

(b)
the Company shall deliver to the Subscriber the Subscription Shares in book entry form within thirty(30) days of the clearing of transfer
of the Purchase Price;

 

(c)
in the event that the Purchase Price are paid to the Escrow Agent, the Purchase Price shall be released to the Company pursuant to the
terms of the Escrow Agreement;

 

(d)
The Subscriber acknowledges and understands that (a) the Subscription Shares have not been registered under the Securities Act, or applicable
U.S. state securities laws, (b) that the Subscription Shares are deemed to be “restricted securities” under the Securities
Act and applicable U.S. state securities laws and (c) the purchase of the Subscription Shares is taking place in a transaction not involving
a public offering or U.S. Persons. Furthermore, the Subscriber is aware and understands that any resale inconsistent with the Securities
Act may create liability on the Subscriber’s part and/or the part of the Company, and agrees not to assign, sell, pledge, transfer
or otherwise dispose of or transfer any such Subscription Shares, unless registered under the Securities Act and applicable U.S. state
securities laws, or an opinion is given by counsel satisfactory to the Company that such registration is not required. The Company will
issue the Subscription Shares purchased by the Subscriber in the name of the Subscriber and in such denominations to be specified by
the Subscriber prior to the Closing. The Subscription Shares will bear the following legend (the “Legend”), and appropriate
“stop transfer” instructions:

 

“THESE
SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE
TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM,
OR IN A TRANSACTION NOT SUBJECT TO THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.”

 

“THESE
SECURITIES ARE BEING OFFERED TO INVESTORS WHO ARE NOT U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(“THE SECURITIES ACT”) AND WITHOUT REGISTRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES
ACT IN RELIANCE UPON REGULATION S PROMULGATED UNDER THE SECURITIES ACT. TRANSFER OF THESE SECURITIES IS PROHIBITED, EXCEPT IN ACCORDANCE
WITH THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE SECURITIES ACT, PURSUANT TO REGISTRATION UNDER THE SECURITIES ACT, OR PURSUANT
TO AVAILABLE EXEMPTION FROM REGISTRATION. HEDGING TRANSACTIONS MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE SECURITIES ACT.”

 

    	5

    	 

    

 

ARTICLE
III

Representations
and Warranties of the Company

 

In
order to induce the Subscriber to enter into this Agreement, the Company hereby represents and warrants to the Subscriber as follows:

 

3.1
Organization, Authority and Qualification of the Company. The Company is a company incorporated with limited liability in the
State of Nevada, U.S., with good standing, and has all necessary corporate power and authority to carry on the business as it has been
and is currently conducted. Any and all of the corporate actions relating to the issuance and placement of the Subscription Shares as
contemplated by this Agreement have been duly authorized by the Company in accordance with applicable Laws and constitutional documents
of the Company.

 

3.2
Due Execution. The execution and delivery by the Company of this Agreement and any other Transaction Document to which the Company
is a party, the performance by the Company of its obligations hereunder and thereunder, and the consummation by the Company of the transactions
contemplated hereby and thereby have been or will be on or prior to the Closing Date duly authorized by all requisite action on the part
of the Company. This Agreement has been duly executed and delivered by the Company, and (assuming due authorization, execution and delivery
by the Subscriber) this Agreement constitutes, and upon their execution the Transaction Documents to which the Company is a party shall
constitute, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective
terms.

 

3.3
Litigation. Except as disclosed in the SEC Documents, there are no actions, claims, demands, investigations, examinations, indictments,
litigations, suits or other criminal, civil or administrative or investigative proceedings pending or, to the knowledge of the Company,
threatened against the Company or any of its subsidiaries or directors or officers of the Company or any of its subsidiaries in their
capacities as such before or by any Governmental Authority or by any other Person, which, either individually or in the aggregate, could
reasonably be expected to have a Material Adverse Effect.

 

3.4
Non-U.S. Transaction. Neither the Company nor its authorized persons has engaged, nor will engage, in any directed selling efforts
to a U.S. Persons (as defined Rule 902 of Regulation S promulgated under the Securities Act) with respect to the Subscription Shares
and the Company and its authorized persons has complied and will comply with the “offering restrictions” requirements of
Regulation S. The transactions contemplated hereby have not been pre-arranged with a buyer located in the United States or with a U.S.
Person, and are not part of a plan or scheme to evade the registration requirements of the Securities Act. Neither the Company nor its
authorized persons has undertaken or carried out any activity for the purpose of, or that could reasonably be expected to have the effect
of, conditioning the market in the United States, its territories or possessions, for any of the Subscription Shares. The Company agrees
not to cause any advertisement of the Subscription Shares to be published in any newspaper or periodical or posted in any public place
and not to issue any circular relating to the Subscription Shares, except such advertisements that include the statements required by
Regulation S, and only offshore and not in the U.S. or its territories, and only in compliance with any local applicable securities laws.

 

    	6

    	 

    

 

ARTICLE
IV

Representations
and Warranties of the Subscriber

 

In
order to induce the Subscriber to enter into this Agreement, except as set forth in the corresponding sections herein, the Subscriber
hereby represents and warrants to the Company as follows:

 

4.1
Non-U.S. Persons. The Subscriber is not a U.S. person as defined under Rule 902 of Regulation S and the Subscription Shares which
the Subscriber is acquiring are being acquired for the Subscriber’s own account (or a trust account if the Subscriber is a trustee)
for investment only and not with a view to sale or resale, distribution or fractionalization of the securities under applicable U.S.
federal or state securities laws. The Subscriber is not acquiring such securities for the account or benefit of any U.S. person and was
not organized for the specific purpose of acquiring such securities. The Subscriber will not (i) resell or offer to resell the securities,
or any portion thereof, or (ii) engage in hedging transactions, in each case, except in accordance with the terms of this Agreement and
in accordance with Regulation S, pursuant to registration under the Securities Act or pursuant to an available exemption from registration
under the Securities Act and otherwise in compliance with all applicable securities laws. Furthermore, prior to engaging in any hedging
transaction or any resale of the securities, or any portion thereof, by the Subscriber, the Subscriber shall provide the Company with
an opinion of counsel acceptable to the Company in its sole discretion and in a form acceptable to the Company in its sole discretion,
that any such proposed sale or hedging transaction is in compliance with the Securities Act or an exemption therefrom.

 

4.2
Non-Political Figure. To the best of the Subscriber’s knowledge, none of (i) the Subscriber, (ii) any person controlling
or controlled by the Subscriber, (iii) if the Subscriber is a privately-held entity, any person having a beneficial interest in the Subscriber;
or (iv) any person for whom the Subscriber is acting as agent or nominee in connection with this investment is a senior foreign political
figure1, a special interest person2, or any immediate family member3 or close associate4 of
a senior foreign political figure, as such terms are defined in the footnotes below.

 

 

 

	1	A “senior foreign political figure” is defined as a senior official in the executive, legislative, administrative, military
or judicial branches of a foreign government (whether elected or not), a senior official of a major foreign political party, or a senior
executive of a foreign government-owned corporation. In addition, a “senior foreign political figure” includes any corporation,
business or other entity that has been formed by, or for the benefit of, a senior foreign political figure.
	2	A “special interest person” shall be any individual who is alleged to have been involved in a criminal activity that falls
under the following categories: corruption, financial crime, trafficking, organized crime, terror, tax crime.
	3	“Immediate family” of a senior foreign political figure typically includes the figure’s parents, siblings, spouse,
children and in-laws.
	4	A “close associate” of a senior foreign political figure is a person who is widely and publicly known to maintain an unusually
close relationship with the senior foreign political figure and includes a person who is in a position to conduct substantial domestic
and international financial transactions on behalf of the senior foreign political figure.

 

    	7

    	 

    

 

4.3
Non-U.S. Transaction. The Company may only make offers to sell the Subscription Shares to persons outside the United States in
this offering and, if applicable, at the time any buy order is originated, the buyer is outside the United States. The Subscriber has
not received an offer to purchase Subscription Shares inside the United States and will not originate a buy order inside the United States.
The Subscriber has not received, and is not aware of, any advertisement in a publication with a general circulation in the United States
(as described in Rule 902 of Regulation S) that refers to the offering and sale of the Subscription Shares.

 

4.4
Due Execution. The execution and delivery by the Subscriber of this Agreement and any other Transaction Document to which the
Subscriber is a party, the performance by the Subscriber of its obligations hereunder and thereunder and the consummation by the Subscriber
of the transactions contemplated hereby and thereby have been or will be on or prior to the Closing Date duly authorized by all requisite
action on the part of the Subscriber. This Agreement has been duly executed and delivered by the Subscriber, and (assuming due authorization,
execution and delivery by the Company) this Agreement constitutes, and upon their execution the Transaction Documents to which the Subscriber
is a party shall constitute, legal, valid and binding obligations of the Subscriber, enforceable against the Subscriber in accordance
with their respective terms.

 

4.5
No Conflict. Assuming that all required consents, approvals, authorizations and other actions referred to herein have been obtained,
the execution, delivery and performance of this Agreement and any other Transaction Document by the Subscriber do not (a) violate, conflict
with or result in the breach of any provision of the constitutional documents of the Subscriber, (b) conflict with or violate any Law
or governmental order applicable to the Subscriber, or (c) conflict with, result in any breach of, constitute a default under, require
any consent under, or give to others any rights of termination, amendment, acceleration, suspension, revocation or cancellation of, any
note, bond, mortgage or indenture, contract, agreement, lease, sublease, license, permit, franchise or other instrument or arrangement
to which the Subscriber is a party, except, to the extent that such conflicts, breaches, defaults or other matters would not materially
and adversely affect the ability of the Subscriber to perform any of its obligations under this Agreement or any other Transaction Document
or consummate any transactions contemplated hereunder or thereunder.

 

4.6
Proportionate Commitment. The Subscriber’s overall commitment to investments that are not readily marketable is not disproportionate
to the Subscriber’s net worth and the Subscriber’s investment in the Company will not cause such overall commitment to become
excessive. The Subscriber has adequate net worth and means of providing for current needs and personal contingencies to sustain a complete
loss of the Subscriber’s investment in the Company, and the Subscriber has no need for liquidity in this investment.

 

    	8

    	 

    

 

4.7
Substantial Knowledge and Experience. The Subscriber has substantial knowledge and experience in making investment decisions of
this type and is capable of evaluating the merits and risks of this investment. The Subscriber understands that an investment in the
Company is speculative and involves a high degree of risk, and the Subscriber has carefully reviewed and is aware of all of the risk
factors related to the purchase of the securities. The Subscriber has had an opportunity to ask questions of and receive answers from
representatives of the Company with respect to this offering. The Company has provided the Subscriber with all documents requested and
has provided answers to all of the Subscriber’s questions relating to an investment in the Company. In addition, the Subscriber
has had an opportunity to discuss this investment with representatives of the Company and to ask questions of them.

 

4.8
Truth and Accuracy. The Company and the other subscribers are relying on the truth and accuracy of the declarations, representations
and warranties herein made by the Subscriber. Accordingly, the foregoing representations and warranties and undertakings are made by
the Subscriber with the intent that they may be relied upon in determining his/her suitability as a subscriber. The Subscriber agrees
that such representations and warranties shall survive the acceptance of the Subscriber, and the Subscriber indemnifies and agrees to
hold harmless, the Company and each other subscriber from and against all damages, claims, expenses, losses or actions resulting from
the untruth of any of the warranties and representations contained in this Agreement.

 

4.9
Consents and Approvals. The execution, delivery and performance by the Subscriber of this Agreement does not and will not require
any consent, approval, authorization or other order of, action by, filing with, or notification to, any Governmental Authority. The execution,
delivery and performance by the Company to the Subscriber of this Agreement does not and will not require any consent, approval, authorization
or other order of, action by, filing with, or notification to, any Governmental Authority. The Subscriber is not acting on behalf of,
or for the benefit for, nor does it intend to transfer the Subscription Shares to any party that will require any consent, approval,
authorization or other order of, action by, filing with, or notification to, any Governmental Authority.

 

4.10
Notice. The foregoing representations and warranties are true as of the date of this Agreement and shall be true as of the date
the Company issues and sells Subscription Shares to the Subscriber. If such representations and warranties shall not be true in any respect
prior to such date, the Subscriber will give prompt written notice of such fact to the Company.

 

ARTICLE
V

Additional
Agreements

 

5.1
Registration Rights. The Company shall use commercially reasonable efforts within two hundred and seventy (270) calendar days
from the earlier of (i) a date on which the Aggregate Subscription Shares reaches 6,000,000 shares of Common Stock; or (ii) a date to
be specified by the Company on no less than ten Business Day’s prior notice to the Subscriber; in any event no later than December
31, 2023 (“the Registration Period Start Date”), to register the Registrable Securities (as defined below) being issued pursuant
to this Agreement by preparing and filing one registration statement (the “Registration Statement”), or if necessary more
than one registration statement, of the Company in compliance with the Securities Act and pursuant to Rule 415 under the Securities Act
or any successor rule providing for offering securities on a continuous basis (“Rule 415”), and the declaration or ordering
of effectiveness of the Registration Statement by the SEC.

 

    	9

    	 

    

 

The
Subscriber and its counsel shall have a reasonable opportunity to review and comment upon the Registration Statement or amendment thereto
and any related prospectus prior to its filing with the SEC. The Subscriber shall furnish all information reasonably requested by the
Company for inclusion therein. The Company shall use commercially reasonable efforts to have the Registration Statement or amendment
declared effective by the SEC at the earliest possible date. The Company shall use commercially reasonable efforts to keep the Registration
Statement effective pursuant to Rule 415 promulgated under the Securities Act and available for sales of all of the Registrable Securities
at all times until the date as of which the Subscriber may sell all of the Registrable Securities without restriction pursuant to the
last sentence of Rule 144(b)(1)(i) promulgated under the Securities Act (or successor thereto). The Registration Statement (including
any amendments or supplements thereto and prospectuses contained therein) shall not contain any untrue statement of a material fact or
omit to state a material fact required to be stated therein, or necessary to make the statements therein, in light of the circumstances
in which they were made, not misleading.

 

“Registrable
Securities” means, as of any date of determination, (a) all shares of Common Stock issued pursuant to the Subscription Agreements,
and (b) any securities issued or then issuable upon any stock split, dividend or other distribution, recapitalization or similar event
with respect to the foregoing; provided, however, that any such Registrable Securities shall cease to be Registrable Securities (and
the Company shall not be required to maintain the effectiveness of any, or file another, Registration Statement hereunder with respect
thereto) for so long as (a) a Registration Statement with respect to the sale of such Registrable Securities is declared effective by
the SEC under the Securities Act and such Registrable Securities have been disposed of by the holder of the Registrable Securities in
accordance with such effective Registration Statement, (b) such Registrable Securities have been previously sold in accordance with Rule
144, or (c) such securities become eligible for resale without volume or manner-of-sale restrictions and without current public information
pursuant to Rule 144 as set forth in a written opinion letter to such effect, addressed, delivered and acceptable to the Company’s
transfer agent and the affected holder of the security (assuming that such securities and any securities issuable upon exercise, conversion
or exchange of which, or as a dividend upon which, such securities were issued or are issuable, were at no time held by any Affiliate
(as such terms are used in and construed under Rule 405 under the Securities Act) of the Company, as reasonably determined by the Company,
upon the advice of counsel to the Company.

 

5.2
Confidentiality. Except as necessary under the disclosure requirements of securities laws and regulations of the U.S., the Parties
shall hold and shall cause their respective representatives to hold in strict confidence, unless compelled to disclose by judicial or
administrative process or by other requirements of Law, all documents and information concerning the other party furnished to it by such
other party or its representatives in connection with the transactions contemplated by this Agreement (except to the extent that such
information can be shown to have been (a) previously known by the party to which it was furnished, (b) in the public domain through no
fault of such party or (c) later lawfully acquired from other sources, which source is not the agent of the other party, by the party
to which it was furnished), and each party shall not release or disclose such information to any other person, except its representatives
in connection with this Agreement. In the event that any party believes that it is required to disclose any such confidential information
pursuant to applicable Laws, such party shall give timely written notice to the other parties so that such parties may have an opportunity
to obtain a protective order or other appropriate relief. Each party shall be deemed to have satisfied its obligations to hold confidential
information concerning or supplied by the other parties if it exercises the same care as it takes to preserve confidentiality for its
own similar information.

 

    	10

    	 

    

 

5.3
Notice of Developments. Prior to the Closing, the Subscriber and the Company shall each promptly notify the other in writing of
(a) all events, circumstances, facts and occurrences or non-occurrences arising subsequent to the date of this Agreement which may result
in any breach of a representation or warranty or covenant of either the Subscriber or the Company contained in this Agreement or which
may have the effect of making any representation or warranty of either the Subscriber or the Company contained in this Agreement untrue
or incorrect in any material aspect, and (b) any material development that has an effect on the assets, liabilities, business, or financial
status related to the Company or the Subscriber. The Parties agree to discuss in good faith appropriate measures or solutions to address
such events circumstances, facts and occurrences or non-occurrences or developments.

 

5.4
Further Action. Each of the Parties shall use all reasonable efforts to take, or cause to be taken, all appropriate action, do
or cause to be done all things necessary, proper or advisable under applicable Law, and to execute and deliver such documents and other
papers, as may be required to carry out the provisions of this Agreement and the other Transaction Documents to which it is a party and
consummate and make effective the transactions contemplated hereby and thereby. Each of the Parties agrees that it will not take or cause
to be taken any action that may result in any breach of any of its representations, warranties, covenants or agreements contained in
this Agreement.

 

ARTICLE
VI

Tax
Matters

 

6.1
Tax Liabilities Related to the Subject Transaction. Each of the Company and the Subscriber agrees that each Party shall be liable
for its own tax liabilities arising from the subject transaction.

 

6.2 Tax
Cooperation and Information Exchange. The Parties agree that they will cooperate with each other in relation to tax matters, and
each Party shall provide the other Party with the relevant information requested by the other Party in order for the other Party to
complete its necessary tax filing or audit, determine liability for taxes and right to a tax refund, and perform any other
tax-related work.

 

    	11

    	 

    

 

ARTICLE
VII

Conditions
to Closing

 

7.1
Conditions to Obligations of the Parties. The obligations of each of the Company and the Subscriber to consummate the transactions
contemplated by this Agreement shall be subject to the fulfillment or written waiver by the other Party of each of the following conditions:

 

(a)
All Required Governmental Approvals shall have been obtained. For the avoidance of doubt, the Required Governmental Approvals mentioned
in this Section 7.1(a) shall not include any post-Closing registrations.

 

(b)
There has been no rule under applicable Laws or judgment, injunction, order or decree that prohibits the consummation of the Closing,
or substantively increases the costs of the Company or the Subscriber in connection with the transactions contemplated by this Agreement.

 

7.2
Conditions to Obligations of the Company. The obligations of the Company to consummate the transactions contemplated by this Agreement
shall be subject to the fulfillment or written waiver by the Company, at or prior to the Closing, of each of the following conditions:

 

(a)
The representations and warranties of the Subscriber contained in this Agreement shall be true and correct when made in all material
respects and shall be true and correct in all material respects as of the Closing, with the same force and effect as if made at the Closing
(except to the extent that such representations and warranties were made as of other date, in which case such representations and warranties
shall have been true and correct as of such date).

 

(b)
Where the Subscriber is an entity, the Subscriber shall have delivered to the Company a copy of a resolution of the board of directors
of the Subscriber (certified by a duly appointed officer as true and correct) authorizing the execution of and the performance by the
Subscriber of its obligations under this Agreement and the Transaction Documents.

 

(c)
The Subscriber shall have performed all of its covenants and agreements required by this Agreement to be so performed by it, prior to
or on the Closing, and where the Subscriber is an entity, the Company shall have received a certificate of the Subscriber signed by a
duly authorized officer thereof certifying the matters set forth in this Section 7.2(a).

 

7.3
Conditions to Obligations of the Subscriber The obligations of the Subscriber to consummate the transactions contemplated by this
Agreement shall be subject to the fulfillment or written waiver by the Subscriber at or prior to the Closing, of each of the following
conditions:

 

(a)
The representations and warranties of the Company contained in this Agreement shall be true and correct when made in all material respects
and shall be true and correct in all material respects as of the Closing, with the same force and effect as if made at the Closing (except
to the extent that such representations and warranties were made as of other date, in which case such representations and warranties
shall have been true and correct as of such date).

 

(b)
The Company shall have performed all of its covenants and agreements required by this Agreement to be so performed by it, prior to or
on the Closing.

 

    	12

    	 

    

 

ARTICLE
VIII

Termination

 

8.1
Termination. This Agreement may be terminated at any time prior to the Closing,

 

(a)
by the Subscriber if:

 

(i)
any event or circumstance has occurred that would cause any of the conditions set forth in Section 7.3 not to be satisfied; or

 

(ii)
any representation or warranty made by the Company in this Agreement has been untrue or inaccurate in any material respect, or any covenant
required to be fulfilled prior to the Closing fails to be fulfilled substantively, or the Company fails to comply with any of its covenants
or agreements that would cause any of the conditions set forth in Section 7.3(a) not to be satisfied and such breach has not been cured
by the Company within thirty (30) days upon giving of written notice of such breach by the Subscriber;

 

(b)
by the Company if:

 

(i)
any event or circumstance has occurred that would cause any of the conditions set forth in Section 7.2 not to be satisfied; or

 

(ii)
any representation or warranty made by the Subscriber in this Agreement has been untrue or inaccurate in any material respect, or any
covenant required to be fulfilled prior to the Closing fails to be fulfilled substantively, or the Subscriber fails to comply with any
of its covenants or agreements that would cause any of the conditions set forth in Section 7.2 not to be satisfied and such breach has
not been cured by the Subscriber within thirty (30) days upon giving of written notice of such breach by the Company;

 

(c)
by either the Company or the Subscriber, if the Closing shall not have occurred by December 31, 2023; provided, however, that the right
to terminate this Agreement under this Section 8.1(c) shall not be available to either Party whose failure to fulfill any obligation
under this Agreement shall have been the cause of, or shall have resulted in, the failure of the Closing to occur on or prior to such
date;

 

(d)
by either the Company or the Subscriber, if any Governmental Authority shall have issued any order, decree, decision or shall have taken
any other action, and such order, decree, decision or action that would enjoin or otherwise prohibit the transactions contemplated by
this Agreement shall have become final and non-appealable; or

 

(e)
by the mutual written consent of the Company and the Subscriber.

 

8.2
Effect of Termination. In the event of termination of this Agreement as provided in Section 8.1(d) or (e), this Agreement shall
forthwith become void and there shall be no liability on the part of either Party hereto unless otherwise set forth in this Agreement
or agreed by the Parties. Nothing herein shall relieve either party hereto from liability for any breach of this Agreement and the defaulting
Party shall be liable to the other Party for its losses.

 

    	13

    	 

    

 

ARTICLE
IX

Indemnification

 

9.1
Indemnification.

 

(a)
Indemnification by the Company. From and after the Closing Date and subject to Section 9.3, the Company shall indemnify and hold
the Subscriber, its Affiliates and their respective directors, officers, agents, successors and assigns (the “Subscriber Indemnitees”)
harmless from and against any losses, claims, damages, liabilities, judgments, fines, obligations, cost and expenses, including but not
limited to any investigative, legal and other expenses (collectively, “Losses”) incurred by any Subscriber Indemnitee as
a result of or arising out of: (i) breach of any representation or warranty of the Company contained in Article 3; or (ii) violation
or nonperformance, partial or total, of any covenant or agreement of the Company contained in this Agreement.

 

(b)
Indemnification by the Subscriber. From and after the Closing Date and subject to Section 10.8, the Subscriber shall indemnify
and hold the Company, its Affiliates and their respective directors, officers, agents, successors and assigns (the “Company Indemnitees”)
harmless from and against any Losses incurred by any Company Indemnitee as a result of or arising out of: (i) breach of any representation
or warranty of the Subscriber contained in Article IV; or (ii) violation or nonperformance, partial or total, of any covenant or agreement
of the Subscriber contained in this Agreement.

 

9.2
Procedures Relating to Indemnification.

 

(a)
Any party seeking indemnification under Section 9.1 (an “Indemnified Party”) shall promptly give the Party from whom
indemnification is being sought (an “Indemnifying Party”) notice of any matter which such Indemnified Party has determined
has given or would reasonably be expected to give rise to a right of indemnification under this Agreement stating in reasonable detail
the factual basis of the claim to the extent known by the Indemnified Party, and containing a reference to the provisions of this Agreement
in respect of which such right of indemnification is claimed or arises; provided that the failure to provide such notice shall
not release the Indemnifying Party from any of its obligations under this Article IX except to the extent the Indemnifying Party is materially
prejudiced by such failure. With respect to any recovery or indemnification sought by an Indemnified Party from the Indemnifying Party
that does not involve a Third Party Claim, if the Indemnifying Party does not notify the Indemnified Party within thirty (30) days from
its receipt of the notice from the Indemnified Party that the Indemnifying Party disputes such claim, the Indemnifying Party shall be
deemed to have accepted and agreed with such claim. If the Indemnifying Party has disputed a claim for indemnification (including any
Third Party Claim), the Indemnifying Party and the Indemnified Party shall proceed in good faith to negotiate a resolution to such dispute.
If the Indemnifying Party and the Indemnified Party cannot resolve such dispute in thirty (30) days after delivery of the dispute notice
by the Indemnifying Party, such dispute shall be resolved by arbitration pursuant to Section 10.10.

 

(b)
If an Indemnified Party shall receive notice of any claim or demand asserted by a third party (each, a “Third Party Claim”)
against it or which may give rise to a claim for Loss under this Article IX, within thirty (30) days of the receipt of such notice, the
Indemnified Party shall give the Indemnifying Party notice of such Third Party Claim; provided that the failure to provide such
notice shall not release the Indemnifying Party from any of its obligations under this Article IX except to the extent that the Indemnifying
Party is materially prejudiced by such failure. If the Indemnifying Party acknowledges in writing its obligation to indemnify the Indemnified
Party hereunder against any Losses that may result from such Third Party Claim, then the Indemnifying Party shall be entitled to assume
and control the defense of such Third Party Claim at its expense and through counsel of its choice if it gives notice of its intention
to do so to the Indemnified Party within fifteen (15) days of the receipt of such notice from the Indemnified Party; provided that
that if there exists or is reasonably likely to exist a conflict of interest that would make it inappropriate in the judgment of the
Indemnified Party in its sole and absolute discretion for the same counsel to represent both the Indemnified Party and the Indemnifying
Party, then the Indemnified Party shall be entitled to retain its own counsel in each jurisdiction for which the Indemnified Party determines
counsel is required, at the Indemnifying Party’s expense. In the event that the Indemnifying Party exercises the right to undertake
any such defense against any such Third Party Claim as provided above, the Indemnified Party shall cooperate with the Indemnifying Party
in such defense and make available to the Indemnifying Party, at the Indemnifying Party’s expense, all witnesses, pertinent records,
materials and information in the Indemnified Party’s possession or under the Indemnified Party’s control relating thereto
as is reasonably required by the Indemnifying Party. Similarly, in the event the Indemnified Party is, directly or indirectly, conducting
the defense against any such Third Party Claim, the Indemnifying Party shall cooperate with the Indemnified Party in such defense and
make available to the Indemnified Party, at the Indemnifying Party’s expense, all such witnesses, records, materials and information
in the Indemnifying Party’s possession or under the Indemnifying Party’s control relating thereto as is reasonably required
by the Indemnified Party. No such Third Party Claim may be settled by the Indemnifying Party without the prior written consent of the
Indemnified Party.

 

9.3
Limitation on the Liability. Absent fraud, intentional misrepresentation or willful breach, the maximum aggregate liabilities
of the Indemnifying Party in respect of Losses suffered by the Indemnified Parties pursuant to Section 9.1(a) or 9.2(b) shall not in
any event be greater than the Purchase Price.

 

    	14

    	 

    

 

ARTICLE
X

General Provisions

 

10.1
Expenses. Except as otherwise provided in this Agreement, all costs and expenses, including fees and disbursements of counsel,
financial advisors and accountants, incurred in connection with this Agreement and the transactions contemplated by this Agreement shall
be borne by the Party incurring such costs and expenses, whether or not the Closing shall have occurred.

 

10.2
Notices. All notices, requests, claims, demands and other communications under this Agreement shall be in writing and shall be
given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by courier service, by facsimile
or via registered mail to the respective parties hereto. Notices to the Subscriber will be directed to the address of the Subscriber
set forth on the Signature Page of this Agreement and notices to the Company will be directed to the following address:

 

Address
of the Company:

 

Unex
Holdings Inc.

31-A2,
Jalan 5/32A

6
1⁄2 Miles Off Jalan Kepong

52000
Kuala Lumpur, Malaysia

 

10.3
Public Announcements. The Subscriber will not make (and will use its reasonable best efforts to ensure that its Affiliates and
representatives do not make) any news release or public disclosure with respect to this Agreement and any of the transactions contemplated
hereby, without first consulting with the Company and, in each case, also receiving the Company’s consent (which shall not be unreasonably
withheld or delayed); provided that in the event the Subscriber is advised by its outside legal counsel that a particular disclosure
is required by Law, it shall be permitted to make such disclosure but shall be obligated to use its reasonable best efforts to consult
with the Company and take its comments into account with respect to the content of such disclosure before issuing such disclosure. Each
of the Parties hereto shall comply with the requirements on disclosure of interests under the securities exchange laws and regulations
of the U.S.

 

10.4
Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any Law or
public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect for so long as the
economic or legal substance of the transactions contemplated by this Agreement is not affected in any manner materially adverse to any
Party hereto. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties
hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties hereto as closely as
possible in a mutually acceptable manner in order that the transactions contemplated by this Agreement are consummated as originally
contemplated to the greatest extent possible.

 

10.5
Entire Agreement; Conflict. This Agreement and other Transaction Documents constitute the entire agreement of the Parties hereto
with respect to the subject matter hereof and thereof and supersede all prior agreements and covenants, both written and oral, between
the Company and the Subscriber with respect to the subject matter hereof and thereof. In case of any conflict between the provisions
of this Agreement and those of any other Transaction Documents, the provisions of this Agreement shall prevail.

 

10.6
Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors
and permitted assigns, which will become the new parties hereto. Without the express written consent of the Company and the Subscriber
(such consent shall be granted or withheld by the Company or the Subscriber in its own discretion), this Agreement shall not be assigned
by operation of Law or otherwise.

 

    	15

    	 

    

 

10.7
Amendment. This Agreement may not be amended or modified except (a) by an instrument in writing signed by, or on behalf of, Company
and Subscriber; or (b) by a waiver in accordance with Section 10.7.

 

10.8
Waiver. Either Party to this Agreement may (a) extend the time for the performance of any of the obligations or other acts of
the other Party; (b) waive any inaccuracies in the representations and warranties of the other Party contained herein or in any document
delivered by the other Party pursuant to this Agreement; or (c) waive compliance with any of the agreements of the other Party or conditions
to such obligations contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed
by any Party to be bound thereby. Any waiver of any term or condition shall not be construed as a waiver of any subsequent breach or
a subsequent waiver of the same term or condition, or a waiver of any other term or condition of this Agreement. The failure of any Party
hereto to assert any of its rights hereunder shall not constitute a waiver of any of such rights. All rights and remedies existing under
this Agreement are cumulative to, and not exclusive of, any rights or remedies otherwise available.

 

10.9
No Third Party Beneficiaries. This Agreement shall be binding upon and inure solely to the benefit of the Parties hereto and their
respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other person
any legal or equitable right, benefit or remedy of any nature whatsoever, except as expressly provided in this Agreement.

 

10.10
Governing Law; Arbitration. This Agreement and all questions concerning the construction, validity, enforcement and interpretation
of this Agreement shall be governed by and construed in accordance with the laws of the state of New York without giving effect to any
choice or conflict of law provision or rule thereof. Each of the Company and the Subscriber hereby submits to the exclusive jurisdiction
of the United States federal and state courts located in New York, New York, with respect to any dispute arising under the Transaction
Documents or the transactions contemplated thereby.

 

10.11
Counterparts. This Agreement may be executed and delivered (including by facsimile) in one or more counterparts, and by the Parties
hereto in separate counterparts, each of which when executed shall be deemed to be an original, but all of which taken together shall
constitute one and the same agreement.

 

[The
remainder of this page intentionally left blank; Signature Page to follow]

 

    	16

    	 

    

 

Date:
June 6, 2022

 

	Number
    Of Shares of Common Stock Subscribed For: 5,000
	 
	Purchase
    Price Per Share: US$2.50 (or equivalent in S$/MYR _53,562.50___________)
	 
	Aggregate
    Purchase Price: US$_12,500_______________(or equivalent in S$/MYR___53,562.50___________)
	 
	_______________________________________

    Passport/National
    Registration Identity Card (NRIC)

     
	_______________________________________

    Signature
    of Subscriber

     

	As
                                            (check one)

    ____
    Individual

    ____
    Tenants in Common

    ____
    Existing Partnership

    ____
    Joint Tenants

    ____
    Corporation

    ____
    Trust

    ____
    Other

     
	Capacity
    in which signed: 
	Subscriber’s
                                            name and business address

    (please
    type or print)

    _______________________________________

    _______________________________________

    _______________________________________

    _______________________________________

     
	Subscriber’s
                                            mailing address

    (if
    different than business address)

    _______________________________________

    _______________________________________

    _______________________________________

    _______________________________________

     

	_______________________________________

    Passport/National
    Registration Identity Card (NRIC)

    
	_______________________________________

    Signature
    of Co-Subscriber

	 	 
	As (check one)____ Individual

                                                         ____ Tenants in Common

                                                         ____ Existing Partnership

                                                         ____ Joint Tenants

                                                         ____ Corporation

                                                         ____ Trust

                                                         ____ Other

                                                         

                                                          

                                                         Co-Subscriber’s
                                            name and business address

    (please
    type or print)

    _______________________________________

    _______________________________________

    _______________________________________

     
	Capacity in which signed: 

                                                          

                                                          

                                                          

                                                          

                                                          

                                                          

                                                         

                                                          

                                                         Co-Subscriber’s
                                            mailing address

                                            (if different than business address)

    _______________________________________

    _______________________________________

    _______________________________________

     

	Accepted:

     

    UNEX
    HOLDINGS INC.

     
	 
	By:

     

    _______________________________________

     
	Date:

     

    _______________________________________

     

	Title:

    
	 

 

    	 

    	 

    

 

UNEX
HOLDINGS INC.

 

III.
INVESTOR QUESTIONNAIRE

 

(for
Non-U.S. Subscribers under Regulation S)

 

    	 

     

    

 

INVESTOR
QUESTIONNAIRE 

UNEX
HOLDINGS INC.

 

Confidential
Investor Questionnaire

 

	To:	UNEX HOLDINGS
INC.

 

Unex
Holdings Inc., a Nevada corporation (the “Company”), is offering to Non-U.S. persons (the “Offering”),
pursuant to an accompanying Subscription Agreement (the “Subscription Agreement”), shares of Common Stock (the
“Shares”) for an aggregate purchase price of US$______________(or equivalent in Singapore Dollar/Malaysian Ringgit_________________).

 

	I.	SUITABILITY
(please answer each question)

 

(a) For
an individual Subscriber, please describe your current employment, including the company by which you are employed and its principal
business:

 

(b) For
an individual Subscriber, please describe any college or graduate degrees held by you:

 

(c) For
all Subscribers, please list types of prior investments:

 

(d) For
all Subscribers, please state whether you have you participated in other private placements before:

 

☐
YES ☐ NO

 

(e) If
your answer to question (d) above was “YES”, please indicate frequency of such prior participation in private placements
of:

 

	 	 	Public
    Companies	 	Private
    Companies	 
	 	Frequently	☐	 	☐	 
	 	 	 	 	 	 
	 	Occasionally	☐	 	☐	 
	 	 	 	 	 	 
	 	Never	☐	 	☐	 

 

(f) For
individual Subscribers, do you expect your current level of income to significantly decrease in the foreseeable future:

 

☐
YES ☐ NO

 

(g) For
trust, corporate, partnership and other institutional Subscribers, do you expect your total assets to significantly decrease in the foreseeable
future:

 

☐
YES ☐ NO

 

    	 

     

    

 

(h) For
all Subscribers, do you have any other investments or contingent liabilities which you reasonably anticipate could cause you to need
sudden cash requirements in excess of cash readily available to you:

 

☐
YES ☐ NO

 

(i) For
all Subscribers, are you familiar with the risk aspects and the non-liquidity of investments such as the Securities for which you seek
to subscribe?

 

☐
YES ☐ NO

 

(j) For
all Subscribers, do you understand that there is no guarantee of financial return on this investment and that you run the risk of losing
your entire investment?

 

☐
YES ☐ NO

 

		II.	MANNER IN WHICH
TITLE IS TO BE HELD. (circle one)
	 	 	 
		(a)	Individual
		(b)	Tenants
in Common
		(c)	Existing
Partnership
	 	(d)	Joint
Tenants
	 	(e)	Corporation
	 	(f)	Trust
	 	(g)	Other

 

*If
Securities are being subscribed for by an entity, the attached Certificate of Signatory must also be completed.

 

	III.	Disqualification
    Events.
	 	 
	1.	Certain
    Criminal Convictions.
	 	 
	 	Have
    you been convicted, within the past ten (10) years (or five (5) years, in the case of the Company, its predecessors and affiliated
    issuers), of any felony or misdemeanor involving:

 

	 	●	in
    connection with the purchase or sale of any security;
	 	●	involving
    the making of any false filing with the U.S. Securities and Exchange Commission (the “SEC”); or
	 	●	arising
    out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment advisor or paid solicitor
    of purchasers of securities?

 

☐
YES. If yes, please explain:

 

☐
NO.

 

    	 

     

    

 

	2.	Certain
    Court Injunctions and Restraining Orders.
	 	 
	 	Are
    you subject to any order, judgment or decree of any court of competent jurisdiction that was entered within the past five (5) years
    and currently restrains or enjoins you from engaging in any conduct or practice:

 

	 	●	in
    connection with the purchase or sale of any security;
	 	●	involving
    the making of any false filing with the SEC; or
	 	●	arising
    out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser or paid solicitor
    of purchasers of securities?

 

☐
YES. If yes, please explain:

 

☐
NO.

 

	3.	Final
    Orders of Certain State and Federal Regulators.
	 	 
	 	Are
    you subject to a Final Order (as defined below) of state regulators of securities, insurance, banking, savings associations or credit
    unions; federal banking agencies; the Commodity Futures Trading Commission; or the National Credit Union Administration that:

 

	 	●	bars
    you from:

 

	 	 	●	associating
    with an entity regulated by any of the aforementioned regulators;
	 	 	●	engaging
    in the business of securities, insurance or banking; or
	 	 	●	engaging
    in savings association or credit union activities; or

 

	 	●	constitutes
    a Final Order based on a violation of any law or regulation that prohibits fraudulent, manipulative, or deceptive conduct entered
    within the past ten (10) years?

 

☐
YES. If yes, please explain:

 

☐
NO.

 

The
term “Final Order” means a written directive or declaratory statement issued by a federal or state agency described
in Rule 506(d)(1)(iii) under the Securities Act of 1933 under applicable statutory authority that provides for notice and an opportunity
for a hearing, which constitutes a final disposition or action by that federal or state agency.

 

	4.	SEC
    Disciplinary Orders.
	 	 
	 	Are
    you subject to any order of the SEC that currently:

 

	 	●	suspends
    or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser;
	 	●	places
    limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or
	 	●	bars
    you from being associated with any entity or from participating in the offering of any penny stock?1

 

☐
YES. If yes, please explain:

 

☐
NO.

 

1
A disqualification based on a suspension or limitation of activities expires when the suspension or limitation expires.

 

    	 

     

    

 

	5.	SEC
    Cease-and-Desist Orders.
	 	 
	 	Are
    you subject to any order of the SEC that was entered within the past five (5) years and currently orders you to cease and desist
    from committing or causing a future violation of:

 

	 	●	any
    scienter-based (intent-based) anti-fraud provision of the federal securities laws (including, for example, but not limited to):

 

	 	 	●	Section
    17(a)(1) of the Securities Act of 1933,
	 	 	●	Section
    10(b) of the Exchange Act and Rule 10b-5, and
	 	 	●	Section
    15 (c) (1) of the Securities Exchange Act); or

 

	 	●	Section
    5 of the Securities Act of 1933, which generally requires that securities be registered and prohibits the sale of unregistered securities.

 

☐
YES. If yes, please explain:

 

☐
NO.

 

	6.	SRO
    Suspension/Expulsion.
	 	 
	 	Have
    you been suspended or expelled from membership in, or suspended or barred from association with a member of, a securities self-regulatory
    organization (“SRO”, such as a registered national securities exchange or a registered national or affiliated
    securities association, including FINRA) for any act or omission to act constituting conduct inconsistent with just and equitable
    principles of trade?

 

☐
YES. If yes, please explain:

 

☐
NO.

 

	7.	SEC
    Stop Orders.
	 	 
	 	Have
    you filed (as a registrant or issuer), or were you named as an underwriter in any registration statement or Regulation A offering
    statement filed with the SEC that, within the past five (5) years, was the subject of a refusal order, stop order, or order suspending
    the Regulation A exemption, or is currently the subject of an investigation or proceeding to determine whether a stop order or suspension
    order should be issued?

 

☐
YES. If yes, please explain:

 

☐
NO.

 

    	 

     

    

 

	8.	USPS
    False Representations Order.
	 	 
	 	Are
    you subject to a United States Postal Service (“USPS”) false representation order entered within the past five
    (5) years, or are you currently subject to a temporary restraining order or preliminary injunction with respect to conduct alleged
    by the USPS to constitute a scheme or device for obtaining money or property through the mail by means of false representations?

 

☐
Yes. If yes, please explain:

 

☐
No.

 

IV.
The undersigned is informed of the significance to the Company of the foregoing representations and answers contained in this Questionnaire
contained herein and such answers have been provided under the assumption that the Company will rely on them.

 

V. The
undersigned understands and agrees that the Company may request further information of the undersigned in verification or amplification
of the undersigned’s knowledge of business affairs, the undersigned’s assets and the undersigned’s ability to bear
the economic risk involved in an investment in the securities of the Company.

 

VI. The
undersigned represents to you that (a) the information contained herein is complete and accurate on the date hereof and may be relied
upon by you, (b) the undersigned will notify you immediately of any change in any such information occurring prior to the acceptance
of the subscription and will promptly send you written confirmation of such change. The undersigned hereby certifies that he, she or
it has read and understands the Subscription Agreement related hereto and (c) the undersigned acknowledges that you may be required to
publicly disclose the information provided in this Questionnaire and that he, she or it consents to such public disclosure.

 

VII.
The undersigned represents to you that to the best of the undersigned’s knowledge, none of (i) the undersigned, (ii) any
person controlling or controlled by the undersigned, (iii) if the undersigned is a privately-held entity, any person having a
beneficial interest in the undersigned; or (iv) any person for whom the undersigned is acting as agent or nominee in connection with
this investment is a senior foreign political figure 1, a special interest person 2, or any immediate family
member 3 or close associate 4 of a senior foreign political figure, as such terms are defined in the
footnotes below.

 

VIII. In
order for the Company to comply with applicable anti-money laundering/U.S. Treasury Department Office of Foreign Assets Control (“OFAC”)
rules and regulations, Subscriber is required to provide the following information:

 

 

 

	1	A “senior foreign political figure” is defined as a senior official in the executive, legislative, administrative, military
or judicial branches of a foreign government (whether elected or not), a senior official of a major foreign political party, or a senior
executive of a foreign government-owned corporation. In addition, a “senior foreign political figure” includes any corporation,
business or other entity that has been formed by, or for the benefit of, a senior foreign political figure.
	2	A “special interest person” shall be any individual
who is alleged to have been involved in a criminal activity that falls under the following categories: corruption, financial crime, trafficking,
organized crime, terror, tax crime.
	3	“Immediate family” of a senior foreign political
figure typically includes the figure’s parents, siblings, spouse, children and in-laws.
	4	A “close associate” of a senior foreign political
figure is a person who is widely and publicly known to maintain an unusually close relationship with the senior foreign political figure
and includes a person who is in a position to conduct substantial domestic and international financial transactions on behalf of the
senior foreign political figure.

 

    	 

     

    

 

	1.	Payment Information

 

	 	(a)	Name
    and address (including country) of the bank from which Subscriber’s payment to the Company is being wired (the “Wiring
    Bank”):
	 	 	 
	 	(b)	Subscriber’s
    wiring instructions at the Wiring Bank:
	 	 	 
	 	(c)	Is
    the Wiring Bank located in the U.S. or another “FATF Country”*?
	 	 	 
	 	(d)	Is
    Subscriber a customer of the Wiring Bank?

 

*
As of the date hereof, countries that are members of the Financial Action Task Force on Money Laundering (“FATF Country”)
are: Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Iceland, Ireland,
Italy, Japan, Luxembourg, Mexico, Kingdom of the Netherlands, New Zealand, Norway, Portugal, Russian Federation, Singapore, South Africa,
Spain, Sweden, Switzerland, Turkey, United Kingdom and the United States of America.

 

	2.	Additional Information

 

For
Individual Investors:

 

☐
A government issued form of picture identification (e.g., passport or drivers license).

 

☐
Proof of the individual’s current address (e.g., current utility bill), if not included in the form of picture identification.

 

For
Funds of Funds or Entities that Invest on Behalf of Third Parties:

 

☐
A certificate of due formation and organization and continued authorization to conduct business in the jurisdiction of its organization
(e.g., certificate of good standing).

 

☐
An “incumbency certificate” attesting to the title of the individual executing these subscription materials on behalf of
the prospective investor.

 

☐
A completed copy of a certification that the entity has adequate anti-money laundering policies and procedures (“AML Policies and
Procedures”) in place that are consistent with the USA PATRIOT Act, OFAC and other relevant federal, state or non-U.S. anti-money
laundering laws and regulations (with a copy of the entity’s current AML Policies and Procedures to which such certification relates).

 

☐
A letter of reference any entity not located in the U.S. or other FATF Country, from the entity’s local office of a reputable bank
or brokerage firm that is incorporated, or has its principal place of business located, in the U.S. or other FATF Country certifying
that the prospective investor maintains an account at such bank/brokerage firm for a length of time and containing a statement affirming
the prospective investor’s integrity.

 

For
all other Entity Investors:

 

☐
A certificate of due formation and organization and continued authorization to conduct business in the jurisdiction of its organization
(e.g., certificate of good standing).

 

☐
An “incumbency certificate” attesting to the title of the individual executing these subscription materials on behalf of
the prospective investor.

 

☐
A letter of reference from the entity’s local office of a reputable bank or brokerage firm that is incorporated, or has its principal
place of business located, in the U.S. or other FATF Country certifying that the prospective investor maintains an account at such bank/brokerage
firm for a length of time and containing a statement affirming the prospective investor’s integrity.

 

☐
If the prospective investor is a privately-held entity, a certified list of the names of every person or entity who is directly or indirectly
the beneficial owner of 25% or more of any voting or non-voting class of equity interests of the Subscriber, including (i) country of
citizenship (for individuals) or principal place of business (for entities) and, (ii) for individuals, such individual’s principal
employer and position.

 

☐
If the prospective investor is a trust, a certified list of (i) the names of the current beneficiaries of the trust that have, directly
or indirectly, 25% or more of any interest in the trust, (ii) the name of the settlor of the trust, (iii) the name(s) of the trustee(s)
of the trust, and (iv) the country of citizenship (for individuals) or principal place of business (for entities).

 

	VIII.	ADDITIONAL INFORMATION.

 

A
TRUST MUST ATTACH A COPY OF ITS DECLARATION OF TRUST OR OTHER GOVERNING INSTRUMENT, AS AMENDED, AS WELL AS ALL OTHER DOCUMENTS THAT AUTHORIZE
THE TRUST TO INVEST IN THE SECURITIES. ALL RESOLUTIONS AND DOCUMENTATION MUST BE COMPLETE AND CORRECT AS OF THE DATE HEREOF.

 

	IX.	INFORMATION
VERIFICATION CONSENT.

 

BY
SIGNING THIS QUESTIONNAIRE, SUBSCRIBER HEREBY GRANTS THE COMPANY PERMISSION TO REVIEW ALL PUBLICLY AVAILABLE INFORMATION REGARDING SUBSCRIBER,
INCLUDING, BUT NOT LIMITED TO INFORMATION PROVIDED BY OFAC FOR THE PURPOSE OF VERIFYING INFORMATION PROVIDED BY SUBSCRIBER HEREIN.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 

     

    

 

INVESTOR
QUESTIONNAIRE EXECUTION PAGE

 

	 	 	 
	Signature	 	Signature
    (if purchasing jointly)
	 	 	 
	 	 	 
	Name
    Typed or Printed	 	Name
    Typed or Printed
	 	 	 
	 	 	 
	Capacity in which signed	 	Capacity in which signed
	 	 	 
	 	 	 
	Entity Name	 	Entity Name
	 	 	 
	 	 	 
	Address	 	Address
	 	 	 
	 	 	 
	City,
    State and Country	 	City,
    State and Country

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