Document:

Camber Energy, Inc. - S-3

Exhibit 4.28

 

 

CAMBER
ENERGY, INC.

 

and

 

WELLS
FARGO BANK, NATIONAL ASSOCIATION, 

Trustee

 

 

 

INDENTURE

 

Dated
as of

 

 

 

SENIOR
DEBT SECURITIES

 

     

     

    

 

CAMBER
ENERGY, INC.

 

Reconciliation
and tie between Trust Indenture Act of 1939

and Indenture dated as of _________________

 

 

	Section of Trust 

    Indenture Act of 1939	Section(s) of 

    of Indenture
	 	 
	§ 310	(a)(1)	609
	 	(a)(2)	609
	 	(a)(3)	Not Applicable
	 	(a)(4)	Not Applicable
	 	(b)	608, 610
	§ 311	(a)	613
	 	(b)	613
	 	(c)	Not Applicable
	§ 312	(a)	701, 702
	 	(b)	702
	 	(c)	702
	§ 313	(a)	703
	 	(b)	703
	 	(c)	703
	 	(d)	703
	§ 314	(a)	704, 105
	 	(b)	Not Applicable
	 	(c)(1)	102
	 	(c)(2)	102
	 	(c)(3)	Not Applicable
	 	(d)	Not Applicable
	 	(e)	102
	§ 315	(a)	601
	 	(b)	602
	 	(c)	601
	 	(d)	601
	 	(d)(1)	603
	 	(d)(2)	603
	 	(d)(3)	601
	 	(e)	514
	§ 316	(a)(1)(A)	512
	 	(a)(1)(B)	513
	 	(a)(2)	Not Applicable
	 	(a)(last sentence)	101
	 	(b)	508
	§ 317	(a)(1)	503
	 	(a)(2)	504
	 	(b)	1003
	§ 318	(a)	107

 

 

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

 

    1 

     

    

 

TRUST
INDENTURE

 

Table
of Contents

 

Page

 

	ARTICLE
    One DEFINITIONS	1
	Section
    101.      Definitions	1
	Section
    102.      Compliance Certificates and Opinions	7
	Section
    103.      Form of Documents Delivered to Trustee	8
	Section
    104.      Acts of Holders; Record Dates	8
	Section
    105.      Notices, Etc., to Trustee and Company	10
	Section
    106.      Notice to Holders; Waiver	10
	Section
    107.      Conflict with Trust Indenture Act	11
	Section
    108.      Effect of Headings and Table of Contents	11
	Section
    109.      Successors and Assigns	11
	Section
    110.      Separability Clause	11
	Section
    111.      Benefits of Indenture	12
	Section
    112.      Governing Law	12
	Section
    113.      Legal Holidays	12
	Section
    114.      Language of Notices, Etc	12
	Section
    115.      Submission to Jurisdiction	12
	Section
    116.      Corporate Obligation	12
	ARTICLE
    Two SECURITY FORMS	13
	Section
    201.      Forms Generally	13
	Section
    202.      Form of Legend for Global Securities	13
	Section
    203.      Form of Trustee’s Certificate of Authentication	14
	Section
    204.      Securities in Global Form	14
	ARTICLE
    Three THE SECURITIES	15
	Section
    301.      Amount Unlimited; Issuable In Series	15
	Section
    302.      Denominations	18
	Section
    303.      Execution, Authentication, Delivery and Dating	19
	Section
    304.      Temporary Securities	20
	Section
    305.      Registration, Registration of Transfer and Exchange	21
	Section
    306.      Mutilated, Destroyed, Lost and Stolen Securities	22
	Section
    307.      Payment of Interest; Interest Rights Preserved	22
	Section
    308.      Persons Deemed Owners	24
	Section
    309.      Cancellation	24
	Section
    310.      Computation of Interest	24
	Section
    311.      CUSIP Numbers	24
	ARTICLE
    Four SATISFACTION AND DISCHARGE	24
	Section
    401.      Satisfaction and Discharge of Indenture	24
	Section
    402.      Application of Trust Money	26

 

     i

     

    

 

	ARTICLE
    Five REMEDIES	26
	Section
    501.      Events of Default	26
	Section
    502.      Acceleration of Maturity; Rescission and Annulment	27
	Section
    503.      Collection of Indebtedness and Suits for Enforcement by Trustee	28
	Section
    504.      Trustee May File Proofs of Claim	29
	Section
    505.      Trustee May Enforce Claims Without Possession of Securities	30
	Section
    506.      Application of Money Collected	30
	Section
    507.      Limitation on Suits	30
	Section
    508.      Unconditional Right of Holders to Receive Principal, Premium and Interest	31
	Section
    509.      Restoration of Rights and Remedies	31
	Section
    510.      Rights and Remedies Cumulative	31
	Section
    511.      Delay or Omission Not Waiver	31
	Section
    512.      Control by Holders	32
	Section
    513.      Waiver of Past Defaults	32
	Section
    514.      Undertaking for Costs	32
	Section
    515.      Waiver of Stay or Extension Laws	33
	ARTICLE
    Six THE TRUSTEE	33
	Section
    601.      Certain Duties and Responsibilities	33
	Section
    602.      Notice of Defaults	34
	Section
    603.      Certain Rights of Trustee	34
	Section
    604.      Not Responsible for Recitals or Issuance of Securities	37
	Section
    605.      May Hold Securities	37
	Section
    606.      Money Held in Trust	37
	Section
    607.      Compensation and Reimbursement	37
	Section
    608.      Conflicting Interests	38
	Section
    609.      Corporate Trustee Required; Eligibility	38
	Section
    610.      Resignation and Removal; Appointment of Successor	38
	Section
    611.      Acceptance of Appointment by Successor	40
	Section
    612.      Merger, Conversion, Consolidation or Succession to Business	41
	Section
    613.      Preferential Collection of Claims Against Company	42
	Section
    614.      Appointment of Authenticating Agent	39
	ARTICLE
    Seven HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	43
	Section
    701.      Company to Furnish Trustee Names and Addresses of Holders	43
	Section
    702.      Preservation of Information; Communications to Holders	44
	Section
    703.      Reports by Trustee	44
	Section
    704.      Reports by Company	44
	ARTICLE
    Eight CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE	45
	Section
    801.      Company May Consolidate, Etc., Only on Certain Terms	45
	Section
    802.      Successor Substituted	46

 

     ii

     

    

 

	ARTICLE
    Nine SUPPLEMENTAL INDENTURES	46
	Section
    901.      Supplemental Indentures Without Consent of Holders	46
	Section
    902.      Supplemental Indentures With Consent of Holders	47
	Section
    903.      Execution of Supplemental Indentures	48
	Section
    904.      Effect of Supplemental Indentures	48
	Section
    905.      Conformity with Trust Indenture Act	48
	Section
    906.      Reference in Securities to Supplemental Indentures	49
	ARTICLE
    Ten COVENANTS	49
	Section
    1001.      Payment of Principal, Premium and Interest	49
	Section
    1002.      Maintenance of Office or Agency	49
	Section
    1003.      Money for Securities Payments to be Held in Trust	50
	Section
    1004.      Statement by Officers as to Default	51
	Section
    1005.      Existence	51
	Section
    1006.      Waiver of Certain Covenants	51
	Section
    1007.      Additional Amounts	51
	ARTICLE
    Eleven REDEMPTION OF SECURITIES	52
	Section
    1101.      Applicability of Article	52
	Section
    1102.      Election to Redeem; Notice to Trustee	52
	Section
    1103.      Selection by Trustee of Securities to be Redeemed	53
	Section
    1104.      Notice of Redemption	53
	Section
    1105.      Deposit of Redemption Price	54
	Section
    1106.      Securities Payable on Redemption Date	54
	Section
    1107.      Securities Redeemed in Part	55
	Section
    1108.      Purchase of Securities	55
	ARTICLE
    Twelve SINKING FUNDS	55
	Section
    1201.      Applicability of Article	55
	Section
    1202.      Satisfaction of Sinking Fund Payments with Securities	56
	Section
    1203.      Redemption of Securities for Sinking Fund	56
	ARTICLE
    Thirteen LEGAL DEFEASANCE AND COVENANT DEFEASANCE	56
	Section
    1301.      Company’s Option to Effect Legal Defeasance or Covenant Defeasance	56
	Section
    1302.      Legal Defeasance and Discharge	56
	Section
    1303.      Covenant Defeasance	57
	Section
    1304.      Conditions to Legal Defeasance or Covenant Defeasance	57
	Section
    1305.      Deposited Money and Government Obligations to be Held in Trust; Other Miscellaneous
    Provisions	59
	Section
    1306.      Reinstatement	59
	Section
    1307.      Deposited Money and Government Obligations to be Held in Trust	60
	ARTICLE
    Fourteen MEETING OF HOLDERS OF SECURITIES	60
	Section
    1401.      Purposes for which Meetings may be Called	60

 

     iii

     

    

 

	Section
    1402.      Call, Notice and Place of Meetings	60
	Section
    1403.      Persons Entitled to Vote at Meetings	61
	Section
    1404.      Quorum; Action	61
	Section
    1405.      Determination of Voting Rights; Conduct and Adjournment of Meetings	62
	Section
    1406.      Counting Votes and Recording Action of Meetings	63

 

     iv

     

    
 

INDENTURE,
dated as of _______________, 201 __, between Camber Energy, Inc., a corporation duly organized and existing under the laws of
the State of Nevada (herein called the “Company”), having its principal office at 450 Gears Road, Suite 860,
Houston, Texas 77067, and Wells Fargo Bank, National Association, a national banking association organized under the laws of the
United States,, as Trustee (herein called the “Trustee”).

 

RECITALS
OF THE COMPANY

 

The
Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its
unsecured debentures, notes or other evidences of indebtedness (herein called the “Securities”), which may
be convertible into or exchangeable for any securities of any Persons (including the Company), to be issued in one or more series
as in this Indenture provided.

 

All
things necessary to make this Indenture a valid and legally binding agreement of the Company, in accordance with its terms, have
been done.

 

NOW,
THEREFORE, THIS INDENTURE WITNESSETH:

 

For
and in consideration of the premises and the purchase of the Securities by the Holders thereof, it is mutually agreed, for the
equal and proportionate benefit of all Holders of the Securities or of series thereof, as follows:

 

ARTICLE
One

DEFINITIONS

 

Section
101.   Definitions.  

 

For
all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires:

 

(1)  
the terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular;

 

(2)  
all other terms used herein which are defined in the Trust Indenture Act, either directly or by reference therein, have the meanings
assigned to them therein;

 

(3)  
all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with United States generally
accepted accounting principles; the term “generally accepted accounting principles” with respect to
any computation required or permitted hereunder shall mean such accounting principles as are generally accepted as consistently
applied by the Company at the date of such computation;

 

(4)  
unless the context otherwise requires, any reference to an “Article”, a “Section” or an “Exhibit”
refers to an Article, a Section or an Exhibit, as the case may be, of or to this Indenture; and

 

     1

     

    

 

(5)  
the words “herein”, “hereof” and “hereunder” and other words of similar import refer to this
Indenture as a whole and not to any particular Article, Section or other subdivision.

 

Certain
terms, used principally in Article Six and Article Thirteen, are defined in those Articles.

 

“Act”,
when used with respect to any Holder, has the meaning specified in Section 104.

 

“Affiliate”
of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect
common control with such specified Person. For the purposes of this definition, “control” when used with respect to
any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

 

“Authenticating
Agent” means any Person authorized by the Trustee pursuant to Section 614 to act on behalf of
the Trustee to authenticate Securities of one or more series.

 

“Authorized
Newspaper” means a newspaper, in the English language or in an official language of the country of publication,
customarily published on each Business Day, whether or not published on Saturdays, Sundays or holidays, and of general circulation
in each place in connection with which the term is used or in the financial community of each such place. Where successive publications
are required to be made in Authorized Newspapers, the successive publications may be made in the same or in different newspapers
in the same city meeting the foregoing requirements and in each case on any Business Day.

 

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

 

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

 

“Business
Day”, when used with respect to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday
that is not a day on which banking institutions in that Place of Payment are authorized or obligated by law or executive order
to close.

 

“Commission”
means the United States Securities and Exchange Commission, from time to time constituted, created under the Exchange Act, or,
if at any time after the execution of this instrument the United States Securities and Exchange Commission is not existing and
performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time.

 

“Company”
means the Person named as the “Company” in the first paragraph of this Indenture until a successor Person
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company”
shall mean such successor Person.

 

     2

     

    

 

“Company
Request” or “Company Order” means a written request or order signed in the name of the
Company by its Chairman of the Board, its Vice Chairman of the Board, its President or a Vice President, and by its Treasurer,
an Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee.

 

“Corporate
Trust Office” means the principal office of the Trustee at which at any particular time its corporate trust business
related to this Indenture shall be administered, which as of the date hereof is located at Wells Fargo Bank, National Association,
750 N. Saint Paul Place, Suite 1750, Dallas, Texas 75201, or such other address as the Trustee may designate from time to time
by notice to the Company.

 

“corporation”
means a corporation, association, company, joint-stock company or business trust.

 

“covenant
defeasance” has the meaning specified in Section 1303.

 

“Defaulted
Interest” has the meaning specified in Section 307.

 

“Depositary”
means, with respect to Securities of any series issuable in whole or in part in the form of one or more Global Securities, a clearing
agency registered under the Exchange Act that is designated to act as Depositary for such Securities as contemplated by Section 301.

 

“Event
of Default” has the meaning specified in Section 501.

 

“Exchange
Act” means the United States Securities Exchange Act of 1934 and any statute successor thereto, in each case as
amended from time to time.

 

“Expiration
Date” has the meaning specified in Section 104.

 

“Global
Security” means a Security that evidences all or part of the Securities of any series and bears the legend set forth
in Section 202 (or such legend as may be specified as contemplated by Section 301 for such
Securities).

 

“Government
Obligation” has the meaning specified in Section 1304.

 

“Holder”
means the Person in whose name the Security is registered in the Security Register.

 

“Indenture”
means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures
supplemental hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this instrument
and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this
instrument and any such supplemental indenture, respectively. The term “Indenture” shall also include
the terms of particular series of Securities established as contemplated by Section 301.

 

“interest”,
when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest
payable after Maturity.

 

     3

     

    

 

“Interest
Payment Date”, when used with respect to any Security, means the Stated Maturity of an installment of interest on
such Security.

 

“Investment
Company Act” means the United States Investment Company Act of 1940 and any statute successor thereto, in each case
as amended from time to time.

 

“legal
defeasance” has the meaning specified in Section 1302.

 

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

 

“Notice
of Default” means a written notice of the kind specified in Section 501(4).

 

“Officers’
Certificate” means a certificate signed by the Chairman of the Board, a Vice Chairman of the Board, the President
or an executive Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, of the
Company, and delivered to the Trustee. One of the officers signing an Officers’ Certificate given pursuant to Section 1004
shall be the principal executive, financial or accounting officer of the Company.

 

“Opinion
of Counsel” means a written opinion from legal counsel who is reasonably acceptable to the Trustee, who may be counsel
for or an employee of the Company.

 

“Original
Issue Discount Security” means any Security which provides for an amount less than the principal amount thereof
to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

 

“Outstanding”,
when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered
under this Indenture, except:

 

(1)   Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

 

(2)  
Securities for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any
Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as
its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice
of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made;

 

(3)  
Securities as to which legal defeasance has been effected pursuant to Section 1302; and

 

     4

     

    

 

(4)  
Securities that have been paid pursuant to Section 1001 or in exchange for or in lieu of which other Securities
have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall
have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser in whose hands
such Securities are valid obligations of the Company; provided, however, that in determining whether the Holders of the
requisite principal amount of the Outstanding Securities have given, made or taken any request, demand, authorization, direction,
notice, consent, waiver, or other action hereunder as of any date or whether a quorum is present at a meeting of Holders of Securities,
(A) the principal amount of an Original Issue Discount Security which shall be deemed to be Outstanding shall be the amount of
the principal thereof that would be due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant
to Section 502, (B) if, as of such date, the principal amount payable at the Stated Maturity of a Security
is not determinable, the principal amount of such Security that shall be deemed to be Outstanding shall be the amount as specified
or determined as contemplated by Section 301, (C) the principal amount of a Security denominated in one or
more foreign currencies or currency units which shall be deemed to be Outstanding shall be the U.S. dollar equivalent, determined
as of such date in the manner provided as contemplated by Section 301, of the principal amount of such Security
(or, in the case of a Security described in clause (A) or (B) above, of the amount determined as provided in such clause), and
(D) Securities owned by the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other
obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected
in relying upon any such request, demand, authorization, direction, notice, consent, waiver, or other action, or upon any such
determination as to the presence of a quorum, only Securities that a Responsible Officer of the Trustee actually knows to be so
owned shall be so disregarded. Securities so owned that have been pledged in good faith may be regarded as Outstanding if the
pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and
that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other
obligor.

 

“Paying
Agent” means any Person, which may include the Company, authorized by the Company to pay the principal of or any premium
or interest on any Securities on behalf of the Company.

 

“Person”
means any individual, corporation, partnership, limited liability company, joint venture, trust, unincorporated organization or
government or any agency or political subdivision thereof.

 

“Place
of Payment”, when used with respect to the Securities of any series, means the place or places specified in accordance
with Section 301 where the principal of and any premium and interest on the Securities of that series are payable.

 

“Predecessor
Security” of any particular Security means every previous Security evidencing all or a portion of the same debt
as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered
under Section 306 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed
to evidence the same debt as the mutilated, destroyed, lost or stolen Security.

 

     5

     

    

 

“Redemption
Date”, when used with respect to any Security to be redeemed, means the date fixed for such redemption by or pursuant
to this Indenture.

 

“Redemption
Price”, when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant
to this Indenture.

 

“Regular
Record Date” for the interest payable on any Interest Payment Date on the Securities of any series means the date
specified for that purpose as contemplated by Section 301.

 

“Responsible
Officer”, when used with respect to the Trustee, means any vice president, any assistant treasurer, any trust officer
or assistant trust officer or any other officer of the Trustee customarily performing functions similar to those performed by
any of the above designated officers and also means, with respect to a particular corporate trust matter, any other officer to
whom such matter is referred because of his or her knowledge of and familiarity with the particular subject and who shall have
direct responsibility for the administration of this Indenture.

 

“Securities”
has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered
under this Indenture provided, however, that if at any time there is more than one Person acting as Trustee under this
Indenture, “Securities” with respect to the Indenture as to which such Person is Trustee shall have the meaning stated
in the first recital of this Indenture and shall more particularly mean Securities authenticated and delivered under this Indenture,
exclusive, however, of Securities of any series as to which such Person is not Trustee.

 

“Securities
Act” means the United States Securities Act of 1933 and any statute successor thereto, in each case as amended from
time to time.

 

“Security
Register” and “Security Registrar” have the respective meanings specified in Section 305.

 

“Special
Record Date” for the payment of any Defaulted Interest means a date fixed by the Company pursuant to Section 307.

 

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

 

“Subsidiary”
means a corporation, limited liability company, limited partnership, or other entity more than 50% of the outstanding voting stock
of which is owned, directly or indirectly, by the Company or by one or more other Subsidiaries, or by the Company and one or more
other Subsidiaries. For the purposes of this definition, “voting stock” means the equity interest that ordinarily
has voting power for the election of directors, managers, trustees or general partners of an entity, or persons performing similar
functions, whether at all times or only so long as no senior class of equity interest has such voting power by reason of any contingency.

 

     6

     

    

 

“Trust
Indenture Act” means the United States Trust Indenture Act of 1939 as in force at the date as of which this instrument
was executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “Trust
Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended.

 

“Trustee”
means the Person named as the “Trustee” in the first paragraph of this Indenture 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.

 

“United
States Alien” means any Person who, for United States Federal income tax purposes, is a foreign corporation, a non-resident
alien individual, a non-resident alien fiduciary of a foreign estate or trust, or a foreign partnership one or more of the members
of which is, for United States Federal income tax purposes, a foreign corporation, a non-resident alien individual or a non-resident
alien fiduciary of a foreign estate or trust.

 

“Vice
President”, when used with respect to the Company or the Trustee, means any vice president, whether or not designated
by a number or a word or words added before or after the title “vice president”.

 

Section
102.   Compliance Certificates and Opinions.  

 

Upon
any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company
shall furnish to the Trustee such certificates and opinions stating that all conditions precedent, if any, provided for in this
Indenture relating to the proposed action have been complied with. Each such certificate or opinion shall be given in the form
of an Officers’ Certificate, if to be given by an officer of the Company, or an Opinion of Counsel, if to be given by counsel,
and shall comply with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture.

 

Every
certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (except for certificates
provided for in Section 1004) shall include,

 

(1)  
a statement that each individual signing such certificate or opinion has read such covenant or condition and the definitions herein
relating thereto;

 

(2)  
a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained
in such certificate or opinion are based;

 

(3)  
a statement that, in the opinion of each such individual, he has made such examination or investigation as is necessary to enable
him to express an informed opinion as to whether or not such covenant or condition has been complied with; and

 

(4)  
a statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with.

 

     7

     

    

 

Section
103.     Form of Documents Delivered
to Trustee.  

 

In
any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary
that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered
by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such
Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents.

 

Any
certificate or opinion of an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or
opinion of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that
the certificate or opinion or representations with respect to the matters upon which his certificate or opinion is based are erroneous.
Any such certificate or opinion of counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion
of, or representations by, an officer or officers of the Company stating that the information with respect to such factual matters
is in the possession of the Company, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate
or opinion or representations with respect to such matters are erroneous.

 

Where
any Person is required to make, give or execute two or more applications, requests, consents, certificates, statements, opinions
or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument.

 

Section
104.     Acts
of Holders; Record Dates.  

 

Any
request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to
be given, made or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor
signed by such Holders in person or by agent duly appointed in writing. Except as herein otherwise expressly provided, such action
shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required,
to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred
to as the “Act” of the Holders signing such instrument or instruments, and shall be sufficient for any
purpose of this Indenture and (subject to Section 601) conclusive in favor of the Trustee and the Company,
if made in the manner provided in this Section.

 

The
fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of
such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying
that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such execution is by a
signer acting in a capacity other than his individual capacity, such certificate or affidavit shall also constitute sufficient
proof of his authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing
the same, may also be proved in any other manner which the Trustee deems sufficient.

 

The
principal amount and serial numbers of Securities held by any Person, and the date of holding the same, shall be proved by the
Security Register.

 

     8

     

    

 

Any
request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every
future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange
therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance
thereon, whether or not notation of such action is made upon such Security.

 

The
Company may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled
to give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted
by this Indenture to be given, made or taken by Holders of Securities of such series, provided, that the Company may not
set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice,
declaration, request or direction referred to in the next paragraph. If any record date is set pursuant to this paragraph, the
Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to take
the relevant action, whether or not such Holders remain Holders after such record date; provided, that no such action shall
be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount
of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Company
from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon
the record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing
in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding
Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph,
the Company, at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration
Date to be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in
Section 106.

 

The
Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled
to join in the giving or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 502,
(iii) any request to institute proceedings referred to in Section 507(2) or (iv) any direction referred to
in Section 512, in each case with respect to Securities of such series. If any record date is set pursuant
to this paragraph, the Holders of Outstanding Securities of such series on such record date, and no other Holders, shall be entitled
to join in such notice, declaration, request or direction, whether or not such Holders remain Holders after such record date;
provided, that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by
Holders of the requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph
shall be construed to prevent the Trustee from setting a new record date for any action for which a record date has previously
been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no action by any Person
be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders
of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly
after any record date is set pursuant to this paragraph, the Trustee, at the Company’s expense, shall cause notice of such
record date, the proposed action by Holders and the applicable Expiration Date to be given to the Company in writing and to each
Holder of Securities of the relevant series in the manner set forth in Section 106.

 

     9

     

    

 

With
respect to any record date set pursuant to this Section, the party hereto that sets such record date may designate any day as
the “Expiration Date” and from time to time may change the Expiration Date to any earlier or later day;
provided that no such change shall be effective unless notice of the proposed new Expiration Date is given to the other
party hereto in writing, and to each Holder of Securities of the relevant series in the manner set forth in Section 106,
on or prior to the existing Expiration Date. If an Expiration Date is not designated with respect to any record date set pursuant
to this Section, the party hereto that set such record date shall be deemed to have initially designated the 180th day after such
record date as the Expiration Date with respect thereto, subject to its right to change the Expiration Date as provided in this
paragraph.

 

Without
limiting the foregoing, a Holder entitled hereunder to take any action hereunder with regard to any particular Security may do
so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which
may do so pursuant to such appointment with regard to all or any part of such principal amount.

 

Section
105.   Notices, Etc., to Trustee and Company.  

 

Any
request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by
this Indenture to be made upon, given or furnished to, or filed with,

 

(1)  
the Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if made, given, furnished or filed
in writing (which may be via facsimile) to or with the Trustee at its Corporate Trust Office, Attention: Corporate Trust Administration,
or

 

(2)  
the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly
provided) if in writing and mailed, first-class postage prepaid, to the Company addressed to it at the address of its principal
office specified in the first paragraph of this instrument, Attention: Chief Financial Officer, or at any other address previously
furnished in writing to the Trustee by the Company.

 

Section
106.   Notice to Holders; Waiver.  

 

Except
as otherwise expressly provided herein, where this Indenture provides for notice of any event to Holders of Securities, such notice
shall be sufficiently given to Holders of Securities if in writing and mailed, first-class postage prepaid, to each Holder of
a Security affected by such event, at the address of such Holder as it appears in the Security Register, not later than the latest
date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice.

 

     10

     

    

 

In
case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such
notice to Holders of Securities by mail, then such notification as shall be made in a manner directed by the Company or as provided
in a supplemental indenture hereto shall constitute a sufficient notification for every purpose hereunder. In any case where notice
to Holders of Securities is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to
any particular Holder of a Security shall affect the sufficiency of such notice with respect to other Holders.

 

Where
this Indenture provides for notice of any event (including any notice of redemption) to any Holder of a Global Security (whether
by mail or otherwise), such notice shall be sufficiently given if given to the Depositary for such Security (or its designee),
according to the applicable procedures of the Depositary, if any, prescribed for the giving of such notice.

 

Where
this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such
notice either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders
of Securities shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action
taken in reliance upon such waiver.

 

Section
107.     Conflict
with Trust Indenture Act.  

 

This
Indenture shall incorporate and be governed by the provisions of the Trust Indenture Act that are required to be part of and to
govern indentures qualified under the Trust Indenture Act. If any provision hereof limits, qualifies or conflicts with a provision
of the Trust Indenture Act that is required under such Act to be a part of and govern this Indenture, the latter provision shall
control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified
or excluded, the former provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may
be.

 

Section
108.     Effect
of Headings and Table of Contents.  

 

The
Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof.

 

Section
109.     Successors
and Assigns.  

 

All
covenants and agreements in this Indenture by the Company shall bind its successors and assigns, whether so expressed or not.

 

Section
110.     Separability
Clause.  

 

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
111.     Benefits
of Indenture.  

 

Nothing
in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties hereto and their
successors hereunder, and the Holders of Securities, any benefit or any legal or equitable right, remedy or claim under this Indenture.

 

     11

     

    

 

Section
112.      Governing
Law; Waiver of Jury Trial.  

 

This
Indenture and the Securities shall be governed by and construed in accordance with the law of the State of New York. THE COMPANY,
THE TRUSTEE, AND EACH HOLDER HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO
TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED
HEREBY.

 

Section
113.     Legal
Holidays.  

 

In
any case where any Interest Payment Date, Redemption Date or Stated Maturity of any Security shall not be a Business Day at any
Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities (other than a provision of
any Security which specifically states that such provision shall apply in lieu of this Section)) payment of interest or principal
(and premium, if any) need not be made at such Place of Payment on such date, but may be made on the next succeeding Business
Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at
the Stated Maturity; provided, however, that no interest will accrue for the period from and after such Interest Payment Date,
Redemption Date or Stated Maturity, as the case may be, to such Business Day if such payment is made on such Business Day.

 

Section
114.     Language of Notices, Etc.  

 

Any
request, demand, authorization, direction, notice, consent or waiver required or permitted under this Indenture shall be in the
English language, except that any published notice may be in an official language of the country of publication.

 

Section
115.     Submission to Jurisdiction.  

 

The
Company irrevocably submits to the non-exclusive jurisdiction of any federal or state court in the City, County and State of New
York, United States, and any appellate court from any thereof, in any legal suit, action or proceeding based on or arising under
the Securities or this Indenture and agrees that all claims in respect of such suit or proceeding may be determined in any such
court. The Company irrevocably waives to the fullest extent permitted by law, any objection to any such suit, including actions,
suits or proceedings relating to the securities laws of the United States of America or any state thereof, in such courts whether
on the grounds of venue, residence or domicile or the defense of an inconvenient forum or objections to personal jurisdiction
with respect to the maintenance of such legal suit, action or proceeding. The Company agrees that the final judgment in any such
suit, action or proceeding brought in such court shall be conclusive and binding upon the Company and may be enforced in any court
to the jurisdiction of which the Company is subject by a suit upon such judgment.

 

Section
116.     Corporate Obligation.  

 

No
recourse may be taken, directly or indirectly, against any incorporator, subscriber to the capital stock, stockholder, officer,
director or employee of the Company or the Trustee or of any predecessor or successor of the Company or the Trustee with respect
to the Company’s obligations on the Securities or the obligations of the Company or the Trustee under this Indenture or
any certificate or other writing delivered in connection herewith.

 

     12

     

    

 

Section
117.     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.

 

ARTICLE
Two

SECURITY FORMS

 

Section
201.     Forms Generally.  

 

The
Securities of each series shall be in substantially the form of forms as shall be established by or pursuant to a Board Resolution
or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and
other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification
and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or Depositary
therefor or as may, consistently herewith, be determined by the officers executing such Securities as evidenced by their execution
thereof. If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate
record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee
at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery
of such Securities (or any such temporary global Security).

 

The
definitive Securities shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner,
all as determined by the officers executing such Securities, as evidenced by their execution of such Securities.

 

Section
202.     Form of Legend for Global Securities.  

 

Unless
otherwise specified as contemplated by Section 301 for the Securities evidenced thereby, every Global Security
authenticated and delivered 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 A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS
SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT
IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

     13

     

    

 

Section
203.     Form of Trustee’s Certificate
of Authentication.  

 

The
Trustee’s certificates of authentication shall be in substantially the following form:

 

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

	 	 	 
	 	Wells Fargo Bank, National Association., 

    As Trustee
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

  

Dated:
____________________________ ” 

 

Section
204.     Securities in Global Form.  

 

If
Securities of or within a series are issuable in global form, as specified as contemplated by Section 301,
then any such Security shall represent such of the Outstanding Securities of such series as shall be specified therein and may
provide that it shall represent the aggregate amount of Outstanding Securities from time to time endorsed thereon and that the
aggregate amount of Outstanding Securities represented thereby may from time to time be reduced to reflect exchanges. Any endorsement
of a Security in global form to reflect the amount, or any increase or decrease in the amount, of Outstanding Securities represented
thereby shall be made by the Trustee in such manner and upon instructions given by such Person or Persons as shall be specified
therein or in the Company Order to be delivered to the Trustee pursuant to Section 303 or Section 304.
Subject to the provisions of Section 303 and, if applicable, Section 304, the Trustee shall
deliver and redeliver any Security in permanent global form in the manner and upon instructions given by the Person or Persons
specified therein or in the applicable Company Order. If a Company Order pursuant to Section 303 or Section 304
has been, or simultaneously is, delivered, any instructions by the Company with respect to endorsement or delivery or
redelivery of a Security in global form shall be in writing but need not comply with Section 102 and need not
be accompanied by an Opinion of Counsel.

 

The
provisions of the last sentence of Section 303 shall apply to any Security represented by a Security in global
form if such Security was never issued and sold by the Company and the Company delivers to the Trustee the Security in global
from together with written instructions (which need not comply with Section 102 and need not be accompanied
by an Opinion of Counsel) with regard to the reduction in the principal amount of Securities represented thereby, together with
the written statement contemplated by the last sentence of Section 303.

 

Notwithstanding
the provisions of Section 307, unless otherwise specified as contemplated by Section 301,
payment of principal of and any premium and interest on any Security in permanent global form shall be made to the Person or Persons
specified therein.

 

     14

     

    

 

ARTICLE
Three

THE SECURITIES

 

Section
301.   Amount Unlimited; Issuable In Series.  

 

The
aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited.

 

The
Securities may be issued in one or more series. There shall be established in or pursuant to a Board Resolution and, subject to
Section 303, set forth, or determined in the manner provided, in an Officers’ Certificate, or established
in one or more indentures supplemental hereto, prior to the issuance of Securities of any series,

 

(1)  
the title of the Securities of the series, including CUSIP numbers, if applicable (which shall distinguish the Securities of the
series from Securities of any other series);

 

(2)  
any limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered under this
Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu
of, other Securities of the series pursuant to Section 304, 305, 306, 906 or 1107 and except for any Securities
which, pursuant to Section 303, are deemed never to have been authenticated and delivered hereunder);

 

(3)  
the Trustees, Authenticating Agents, Paying Agents, Security Registrars or other agents with respect to the series;

 

(4)  
the Person to whom any interest on any Security of the series shall be payable, if other than the Person in whose name that Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, the
extent to which, or the manner in which, any interest payable on a temporary global Security on an Interest Payment Date will
be paid if other than in the manner provided in Section 304;

 

(5)  
the date or dates on which the principal of the Securities of the series is payable;

 

(6)  
the ability to issue additional Securities in the same series;

 

(7)  
the price or prices at which the Securities will be sold;

 

(8)  
the right, if any, to extend the interest payment periods and the duration of any such deferral period, including the maximum
consecutive period during which interest payment periods may be extended;

 

(9)  
provisions, if any, granting special rights to holders of the Securities upon the occurrence of specified events;

 

     15

     

    

 

(10)     
the terms, if any, upon which Holders may convert or exchange (or upon which the Company may require Holders to convert or exchange)
the Securities of the series into or for the common stock, preferred stock or other securities or property of the Company or of
another Person (or upon which the Securities of the series shall automatically convert or be exchanged into or for such other
securities or property);

 

(11)     
the rate or rates at which the Securities of the series shall bear interest, if any, which may be fixed or variable, or the method
by which such rate shall be determined, the date or dates from which any such interest shall accrue, or the method by which such
date or dates will be determined, the Interest Payment Dates on which any such interest shall be payable, and the Regular Record
Date for the interest payable on any Securities on any Interest Payment Date;

 

(12)     
in the case of Original Issue Discount Securities, the rate of accretion of principal, which may be fixed or variable, or the
method of determining such rate, and the date or dates from which principal will accrete or the method by which such date or dates
will be determined;

 

(13)     
the place or places where, subject to the provisions of Section 1002, the principal of and any premium, if
any, and interest, if any, on Securities of the series shall be payable, where any Securities of the series may be surrendered
for registration of transfer, where Securities of the series may be surrendered for exchange, where Securities of the series that
are convertible or exchangeable may be surrendered for conversion or exchange, as applicable, and notices and demands to or upon
the Company in respect of the Securities of the series and this Indenture may be served;

 

(14)     
the period or periods within which, the price or prices at which and the terms and conditions upon which any Securities of the
series may be redeemed, in whole or in part at the option of the Company (including whether the redemption may be made conditional
upon events occurring after the delivery or publication of the notice of redemption) and, if other than by a Board Resolution,
the manner in which any election by the Company to redeem the Securities shall be evidenced;

 

(15)     
the obligation, if any, of the Company to redeem or purchase any Securities of the series pursuant to any sinking fund or analogous
provisions or at the option of the Holders thereof and the period or periods within which, the price or prices at which and the
terms and conditions upon which any Securities of the series shall be redeemed, repaid or purchased, in whole or in part, pursuant
to such obligation;

 

(16)     
if other than denominations of $1,000 and any integral multiple thereof, the denominations in which any Securities of the series
shall be issuable;

 

(17)     
whether the amount of payments of principal (or premium, if any) or interest, if any, on the Securities of the series may be determined
with reference to an index, formula or other method (which index, formula or method may be based, without limitation, on one or
more currencies, commodities, equity indices or other indices), and the manner in which such amounts shall be determined;

 

     16

     

    

 

(18)     
the currency or currencies, including currency units or composite currencies, in which payment of the principal of and any premium
and interest on any Securities of the series shall be payable if other than the currency of the United States of America and the
manner of determining the equivalent thereof in the currency of the United States of America for purposes of the definition of
“Outstanding” in Section 101;

 

(19)     
if the principal of or any premium or interest on any Securities of the series is to be payable, at the election of the Company
or the Holder thereof, in one or more currencies or currency units other than that or those in which such Securities are stated
to be payable, the currency, currencies or currency units in which the principal of or any premium or interest on such Securities
as to which such election is made shall be payable, the periods within which and the terms and conditions upon which such election
is to be made and the amount so payable (or the manner in which such amount shall be determined);

 

(20)     
if other than the entire principal amount thereof, the portion of the principal amount of any Securities of the series which shall
be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 502;

 

(21)     
the collateral, if any, securing the Securities of the series, and the guarantors, if any, who will guarantee the Securities of
the series, or the methods of determining such collateral, if any, and such guarantors, if any;

 

(22)     
whether the amount of principal, premium, if any, and interest on the Securities of the series may be determined by reference
to an index, formula or other method, such as one or more currencies, commodities, equity indices or other indices, and the manner
in which such amounts shall be determined; 

 

(23)     
if the principal amount payable at the Stated Maturity of any Securities of the series will not be determinable as of any one
or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as
of any such date for any purpose thereunder or hereunder, including the principal amount thereof which shall be due and payable
upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated
Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall be determined);

 

(24)     
if applicable, that the Securities of the series, in whole or any specified part, shall be defeasible pursuant to Section 1302
or Section 1303 or both such Sections and, if other than by a Board Resolution, the manner in which any election
by the Company to defease such Securities shall be evidenced;

 

(25)     
if applicable, that any Securities of the series shall be issuable in whole or in part in the form of one or more Global Securities
and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends which shall be borne
by any such Global Security in addition to or in lieu of that set forth in Section 202 and any circumstances
in addition to or in lieu of those set forth in the legend set forth in Section 202 in which any such Global
Security may be exchanged in whole or in part for Securities registered, and any transfer of such Global Security in whole or
in part may be registered in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof;

 

     17

     

    

 

(26)     
any addition to or change in the Events of Default which apply 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 502;

 

(27)     
any addition to or change in the covenants set forth in Article Ten which applies to Securities of the series, including
any limitation on the Company’s ability to incur debt, redeem stock or sell its assets;

 

(28)     
whether, under what circumstances and the currency in which the Company will pay additional amounts as contemplated by Section 1007
on the Securities of the series to any Holder who is not a United States Person(s) (including any modification to the
definition of such term) in respect of any tax, assessment or governmental charge and, if so, whether the Company will have the
option to redeem such Securities rather than pay such additional amounts (and the terms of any such option);

 

(29)     
provisions, if any, granting special rights to holders of Securities of the series upon the occurrence of specified events; and

 

(30)     
any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture, except as permitted
by Section 901 or 902), including the stated intervals of time the Trustee shall be required to transmit reports
pursuant to Section 313(a) of the Act.

 

All
Securities of such series shall be substantially identical except as to denomination and except as may otherwise be provided in
or pursuant to the Board Resolution or supplemental indenture referred to above and (subject to Section 303)
set forth, or determined in the manner provided, in the Officers’ Certificate referred to above or in any such indenture
supplemental hereto. If any of the terms of the series are established by action taken pursuant to a Board Resolution, a copy
of an appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered
to the Trustee at or prior to the delivery of the Officers’ Certificate setting forth the terms of the series.

 

Section
302.   Denominations.  

 

Unless
otherwise provided as contemplated by Section 301 with respect to the Securities of any series, any Securities
of such series shall be issuable in denominations of $1,000 and any integral multiple thereof.

 

     18

     

    

 

Section
303.   Execution, Authentication, Delivery
and Dating.  

 

The
Securities shall be executed on behalf of the Company by its Chairman of the Board, its Vice Chairman of the Board, its President
or one of its executive Vice Presidents, attested by its Secretary or one of its Assistant Secretaries. The signature of any of
these officers on the Securities may be manual or facsimile.

 

Securities
bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Company shall bind the
Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and
delivery of such Securities or did not hold such offices at the date of such Securities.

 

At
any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series
executed by the Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of
such Securities, an Officer’s Certificate, and an Opinion of Counsel, and the Trustee in accordance with the Company Order
shall authenticate and deliver such Securities. If the forms or terms of the Securities of the series have been established by
or pursuant to one or more Board Resolutions as permitted by Sections 201 and 301, in authenticating such Securities,
and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall receive,
and (subject to Section 601) shall be fully protected in conclusively relying upon, an Opinion of Counsel stating,

 

(1)  
if the forms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 201,
that such forms have been established in conformity with the provisions of this Indenture;

 

(2)  
if the terms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 301,
that such terms have been established in conformity with the provisions of this Indenture; and

 

(3)  
that such Securities when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any
conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company enforceable
in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar
laws of general applicability relating to or affecting creditors’ rights and to general principles of equity.

 

If
the authentication and delivery relates to a new series of Securities created by an indenture supplemental hereto, such Opinion
of Counsel shall also state that all conditions precedent to the execution of the supplemental indenture with respect to that
series of Securities have been complied with, the Company has the power to execute and deliver such supplemental indenture and
has taken all necessary action for those purposes and any such supplemental indenture has been executed and delivered and constitutes
the legal, valid and binding obligation of the Company enforceable in accordance with its terms, subject to bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’
rights and to general equity principles. The Trustee shall not be required to authenticate such Securities if the issue of such
Securities pursuant to this Indenture will affect the Trustee’s own rights, duties, liabilities or immunities under the
Securities and this Indenture or otherwise in a manner that is not reasonably acceptable to the Trustee.

 

     19

     

    

 

Notwithstanding
the provisions of Section 301 and of the two preceding paragraphs, if all Securities of a series are not to
be originally issued at one time, it shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant
to Section 301 or the Company Order and Opinion of Counsel otherwise required pursuant to such preceding paragraphs
at or prior to the authentication of each Security of such series if such documents are delivered at or prior to the authentication
upon original issuance of the first Security of such series to be issued.

 

Each
Security shall be dated the date of its authentication.

 

No
Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears
on such Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual
signature, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has
been duly authenticated and delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated
and delivered hereunder but never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for
cancellation as provided in Section 309, for all purposes of this Indenture such Security shall be deemed never
to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture.

 

Section
304.     Temporary Securities.  

 

Pending
the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the Trustee shall authenticate
and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized
denomination, substantially of the tenor of the definitive Securities in lieu of which they are issued and with such appropriate
insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as evidenced
by their execution of such Securities.

 

If
temporary Securities of any series are issued, the Company will cause definitive Securities of that series to be prepared without
unreasonable delay. After the preparation of definitive Securities of that series, the temporary Securities of such series shall
be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of such series at the office
or agency of the Company in a Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation
of any one or more temporary Securities of any series the Company shall execute and the Trustee shall authenticate and deliver
in exchange therefor one or more definitive Securities of the same series, of any authorized denominations and like aggregate
principal amount and tenor.

 

Until
exchanged in full as hereinafter provided, the temporary Securities of any series shall in all respects be entitled to the same
benefits under this Indenture as definitive Securities of the same series and of like tenor authenticated and delivered hereunder.

 

     20

     

    

 

Section
305.     Registration, Registration of Transfer
and Exchange.  

 

The
Company shall cause to be kept at an office or agency to be maintained by the Company in accordance with Section 1002
a register (being the combined register of the Security Registrar and all transfer agents designated pursuant to Section 1002
for the purpose of registration of transfer of Securities and sometimes collectively referred to as the “Security
Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the
registration of Securities and the registration of transfers of Securities. The Trustee is hereby appointed “Security
Registrar” for the purpose of registering Securities and transfers of Securities as herein provided.

 

Except
as otherwise provided in Section 203 or as may be provided as contemplated by Section 301,
upon surrender for registration of transfer of any Security of a series at the office or agency of the Company maintained pursuant
to Section 1002 for such purpose in a Place of Payment for that series, the Company shall execute, and the
Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of
the same series, of any authorized denominations and of like tenor and aggregate principal amount.

 

At
the option of the Holder, Securities of any series may be exchanged for other Securities of the same series, of any authorized
denominations and of like tenor and aggregate principal amount, upon surrender of the Securities to be exchanged at such office
or agency. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate
and deliver, the Securities that the Holder making the exchange is entitled to receive.

 

All
Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company, evidencing
the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of
transfer or exchange.

 

Every
Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee
or any transfer agent) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company
and the Security Registrar or any transfer agent duly executed, by the Holder thereof or his attorney duly authorized in writing.

 

No
service charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of
a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer
or exchange of Securities, other than exchanges pursuant to Section 304, 906 or 1107 not involving any transfer.

 

If
the Securities of any series (or of any series and specified tenor) are to be redeemed in part, the Company shall not be required
to issue, register the transfer of or exchange any Securities of that series (or of that series and specified tenor, as the case
may be) during a period beginning at the opening of business 15 days before any selection of Securities of that series to be redeemed
and ending at the close of business on the day of the delivery of the relevant notice of redemption.

 

     21

     

    

 

The
transferor shall also provide or cause to be provided to the Trustee all information necessary to allow the Trustee to comply
with any applicable tax reporting obligations, including without limitation, any cost basis reporting obligations under Section
6045 of the United States Internal Revenue Code of 1986, as amended (the “Code”). The Trustee may rely on any such
information provided to it and shall have no responsibility to verify or ensure the accuracy of such information.

 

Section
306.     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 as may be required by them to save each of them and any agent of either of them
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 the Trustee shall authenticate and deliver, 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.

 

Notwithstanding
the provisions of the previous two paragraphs, 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
307.     Payment of Interest; Interest Rights
Preserved.  

 

Except
as otherwise provided as contemplated by Section 301 with respect to any series of Securities, interest on
any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the
Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest.

 

     22

     

    

 

Any
interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment
Date (herein called “Defaulted Interest”) after any applicable grace period shall forthwith cease to
be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest
may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

 

(1)  
The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series (or
their respective Predecessor Securities) are registered at the close of business on a special record date (a “Special
Record Date”) for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company
shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and
the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to
the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the
Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit
of the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon the Company shall fix a Special Record
Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date
of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The
Company shall promptly notify the Trustee of such Special Record Date and, in the name and at the expense of the Company, the
Trustee shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be given
to each Holder of Securities of such series in the manner set forth in Section 106, not less than 10 days prior
to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having
been so sent, such Defaulted Interest shall be paid to the Persons in whose names the Securities of such series (or their respective
Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant
to the following Clause (2).

 

(2)  
The Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful manner not inconsistent
with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required
by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Clause, such manner
of payment shall be deemed practicable by the Trustee.

 

Subject
to the foregoing provisions of this Section and Section 305, each Security delivered under this Indenture upon
registration of transfer of or in exchange for or in lieu of any other Security shall carry the rights to interest accrued and
unpaid, and to accrue, which were carried by such other Security.

 

     23

     

    

  

Section
308.     Persons Deemed Owners.  

 

Prior
to due presentment of a Security at maturity, redemption or for registration of transfer, the Company, the Trustee and any agent
of the Company or the Trustee may treat the Person in whose name such Security is registered as the owner of such Security for
the purpose of receiving payment of principal of and any premium and (subject to Section 305 and Section 307)
any interest on such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the
Company, the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary.

 

Section
309.     Cancellation.  

 

All
Securities surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment
shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it.
The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder
which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery
to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold,
and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or
in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled
Securities held by the Trustee shall be disposed of in the Trustee’s customary manner.

 

Section
310.     Computation of Interest.  

 

Except
as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities
of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

 

Section
311.     CUSIP Numbers.  

 

The
Company in issuing the Securities may use “CUSIP” numbers, ISINs and “Common Code”
numbers (in each case if then generally in use), and, if so, the Trustee shall use such “CUSIP” numbers,
ISINs and “Common Code” 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 identification numbers printed on the
Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will notify
the Trustee in writing of any change in “CUSIP” numbers, ISINs or “Common Code”
numbers.

 

ARTICLE
Four

SATISFACTION AND DISCHARGE

 

Section
401.     Satisfaction and Discharge of Indenture.  

 

This
Indenture shall upon Company Request cease to be of further effect (except as to any surviving rights of registration of transfer
or exchange of Securities herein expressly provided for, and any right to receive additional amounts, as provided in Section 1007),
and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this
Indenture, when

 

     24

     

    

 

(1)  
either

 

(A)        
all Securities theretofore authenticated and delivered (other than Securities which have been destroyed, lost or stolen and which
have been replaced or paid as provided in Section 306 and Securities for whose payment money has theretofore
been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from
such trust, as provided in Section 1003) have been delivered to the Trustee for cancellation; or

 

(B)        
all such Securities not theretofore delivered to the Trustee for cancellation:

 

(i)            
have become due and payable, or

 

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

 

(iii)         
are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption
by the Trustee in the name, and at the expense, of the Company,

 

and
the Company, in the case of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds
in trust for such purpose money in an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore
delivered to the Trustee for cancellation, for principal and any premium and interest to the date of such deposit (in the case
of Securities which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be;

 

(2)  
the Company has paid or caused to be paid all other sums payable hereunder by the Company; and

 

(3)  
the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with.

 

Notwithstanding
the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section 607,
the obligations of the Company to any Authenticating Agent under Section 614 and, if money shall have been
deposited with the Trustee pursuant to subclause (B) of clause (1) of this Section, the obligations of the Trustee under Section 402
and the last paragraph of Section 1003 shall survive such satisfaction and discharge.

 

     25

     

    

 

Section
402.     Application of Trust Money.  

 

Subject
to the provisions of the last paragraph of Section 1003, all money deposited with the Trustee pursuant to Section 401
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 any premium and interest for whose payment such money has been
deposited with the Trustee.

 

ARTICLE
Five

REMEDIES

 

Section
501.   Events of Default.  

 

“Event
of Default”, wherever used herein with respect to Securities of any series, means any one of the following events
(whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of
law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental
body):

 

(1)  
default in the payment of any interest upon any Security of that series when it becomes due and payable, and continuance of such
default for a period of 30 days; or,

 

(2)  
default in the payment of the principal of or any premium on any Security of that series at its Maturity and (if so established
as contemplated by Section 301 in respect of that series), in the case of technical or administrative difficulties
only if such default persists for a period of five days; or

 

(3)  
default in the deposit of any sinking fund payment, when and as due by the terms of a Security of that series; or

 

(4)  
default in the performance, or breach, of any covenant or warranty of the Company in this Indenture (other than a covenant or
warranty a default in whose performance or whose breach is elsewhere in this Section specifically dealt with or which has expressly
been included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such
default or breach for a period of 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

 

(5)  
the entry by a court having jurisdiction in the premises of (A) a decree or order for relief in respect of the Company in an involuntary
case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or (B) a
decree or order adjudging the Company a bankrupt or insolvent, or approving as properly filed a petition seeking reorganization,
arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or State law, or appointing
a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial
part of its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such decree or order
for relief or any such other decree or order unstayed and in effect for a period of 90 consecutive days; or

 

     26

     

    

 

(6)  
the commencement by the Company of a voluntary case or proceeding under any applicable Federal or State bankruptcy, insolvency,
reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, of the consent
by it to the entry of a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable
Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency
case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under any
applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment of or taking possession
by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial
part of its property, or the making by it of an assignment for the benefit of creditors, or the admission by it in writing of
its inability to pay its debts generally as they become due; or

 

(7)  
any other Event of Default provided with respect to Securities of that series.

 

Section
502.   Acceleration of Maturity; Rescission
and Annulment.  

 

If
an Event of Default (other than an Event of Default specified in Section 501(5) or 501(6)) with respect to
Securities of any series at the time Outstanding occurs and is continuing, then in every such case the Trustee or the Holders
of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount of all
the Securities of that series (or, if any Securities of that series are Original Issue Discount Securities, such portion of the
principal amount of such Securities as may be specified by the terms thereof) 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) shall become immediately due and payable. If an Event of Default specified in Section 501(5) or 501(6)
with respect to Securities of any series at the time Outstanding occurs, the principal amount of all the Securities of that series
(or, if any Securities of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities
as may be specified by the terms thereof) shall automatically, and without any declaration or other action on the part of the
Trustee or any Holder, become immediately due and payable.

 

At
any time after such a declaration of acceleration with respect to Securities of 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

 

(1)  
the Company has paid or deposited with the Trustee a sum sufficient to pay

 

     27

     

    

 

(A)        
all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel,

 

(B)        
the principal of (and premium, if any, on) any Securities of that series which have become due otherwise than by such declaration
of acceleration and any interest thereon at the rate or rates prescribed therefor in such Securities,

 

(C)        
to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor
in such Securities, and

 

(D)        
all overdue interest on all Securities of that series ; and

 

(2)  
all Events of Default with respect to Securities of that series, other than the non-payment of the principal of Securities of
that series which has become due solely by such declaration of acceleration, have been cured or waived as provided in Section 513.

 

No
such rescission shall affect any subsequent default or impair any right consequent thereon.

 

Section
503.   Collection of Indebtedness and Suits
for Enforcement by Trustee.  

 

The
Company covenants that if

 

(1)  
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

 

(2)  
default is made in the payment of the principal of (or premium, if any, on) any Security at the Maturity thereof,

 

the
Company will pay to the Trustee, for the benefit of the Holders of such Securities, the whole amount then due and payable on such
Securities for principal and any premium and interest and, to the extent that payment of such interest shall be legally enforceable,
interest on any overdue principal and premium and on 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 reasonable compensation, expenses, disbursements and advances, of the Trustee, its agents and counsel.

 

If
the Company fails to pay such amounts forthwith, 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 decreed
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.

 

     28

     

    

 

If
an Event of Default with respect to 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 reasonably necessary 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
504.   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 (or lesser amount in the case of
Original Issue Discount Securities) 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
(and premium, if any) or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise,

 

(1)  
to file and prove a claim for the whole amount of principal (or lesser amount in the case of Original Issue Discount Securities)
(and premium, if any) 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 reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding,
and

 

(2)  
to collect and receive any monies 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 reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607.

 

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 proceedings; provided, however, that
the Trustee may on behalf of the Holders, vote for the election of a trustee in bankruptcy or similar official and be a member
of a creditors’ or other similar committee.

 

     29

     

    

 

Section
505.     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 reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for
the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

 

Section
506.     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 any premium 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 hereunder to
the Trustee (acting in any capacity hereunder);

 

Second:      To the payment of the amounts then due and unpaid
for principal of and any premium 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 any premium and interest, respectively; and

 

Third:          To the Company.

 

Section
507.     Limitation on Suits.  

 

Subject
to Section 508, 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

 

(1)  
an Event of Default with respect to Securities of such series shall have occurred and be continuing and such Holder has previously
given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that series;

 

(2)  
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;

 

(3)  
such Holder or Holders have offered to the Trustee an indemnity satisfactory to it against the costs, expenses and liabilities
to be incurred in compliance with such request;

 

     30

     

    

 

(4)  
the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding;
and

 

(5)  
no direction inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of
a majority in principal amount of the Outstanding Securities of that series;

 

it
being understood and intended 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 of such Holders.

 

Section
508.     Unconditional Right of Holders to
Receive Principal, Premium 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 any premium and (subject to Sections 305 and 307) interest on such
Security on the respective Stated Maturities 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.

 

Section
509.     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
510.     Rights and Remedies Cumulative.  

 

Except
as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last
paragraph of Section 306, 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 prevent the concurrent assertion
or employment of any other appropriate right or remedy.

 

Section
511.     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.

 

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Section
512.   Control by Holders.  

 

Subject
to Section 603(5), with respect to the Securities of any series, 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, provided that

 

(1)  
such direction shall not be in conflict with any rule of law or with this Indenture, and

 

(2)  
the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.

 

Section
513.   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 waive any past default hereunder with respect to such series and its consequences, except
a default

 

(1)  
in the payment of the principal of or any premium or interest on any Security of such series, or

 

(2)  
in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the
Holder of each Outstanding Security of such series affected.

 

Upon
any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured,
for every purpose of this Indenture but no such waiver shall extend to any subsequent or other default or impair any right consequent
thereon.

 

Section
514.   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
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, a court may require any party litigant in such suit to file an undertaking to pay
the costs of such suit, and may assess costs including reasonable attorneys’ fees and expenses against any such party litigant,
in the manner and to the extent provided in the Trust Indenture Act; provided that neither this Section nor the Trust Indenture
Act shall be deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted
by the Company or the Trustee.

 

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Section
515.     Waiver of Stay or Extension Laws.  

 

The
Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner
whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter
in force, which may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully
do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede
the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though
no such law had been enacted.

 

ARTICLE
Six

THE TRUSTEE

 

Section
601.     Certain Duties and Responsibilities.  

 

The
duties and responsibilities of the Trustee shall be as provided in this Indenture and by the Trust Indenture Act.

 

(a)
Except during the continuance of an Event of Default with respect to Securities of any series of which a Responsible Officer of
the Indenture Trustee has actual knowledge,

 

(i)       the
Trustee undertakes to perform, with respect to Securities of such series, such duties and only such duties as are specifically
set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

 

(ii)       in
the absence of bad faith on its part, the Trustee may, with respect to Securities of such series, conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the
Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any
provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same
to determine whether or not they conform to the requirements of this Indenture.

 

(b)       If
an Event of Default with respect to Securities of any series has occurred and is continuing, the Trustee shall exercise, with
respect to Securities of such series, such of the rights and powers vested in it by this Indenture, and use the same degree of
care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his own
affairs.

 

(c)       No
provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent
failure to act, or its own willful misconduct, except that

 

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(1)       this
subsection shall not be construed to limit the effect of sub-section (a) of this Section;

 

(2)       the
Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be proved that
the Trustee was negligent in ascertaining the pertinent facts;

 

(3)       the
Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the
direction of the Holders of a majority in aggregate principal amount of the Outstanding Securities of any one or more series,
as provided herein, 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;
and

 

(4)       no
provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability
in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers.

 

(d)       Whether
or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of
or affording protection to the Trustee shall be subject to the provisions of this Section.

 

Section
602.     Notice of Defaults.  

 

If
a default occurs hereunder with respect to Securities of any series that is actually known to a Responsible Officer of the
Trustee, the Trustee shall give the Holders of Securities of such series notice of such default as and to the extent provided
by the Trust Indenture Act. The Trustee may withhold from the Holders notice of any continuing default, except a Default
relating to the payment of principal, premium, if any, or interest, if it withholding such notice would be in the interest of
Holders. For the purpose of this Section, the term “default” means any event which is, or after notice or lapse
of time or both would become, an Event of Default with respect to Securities of such series.

 

Section
603.   Certain Rights of Trustee.  

 

Subject
to the provisions of Section 601:

 

(1)  
the Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate,
statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness
or other paper or document (whether in its original or facsimile form) believed by it to be genuine and to have been signed or
presented by the proper party or parties;

 

(2)  
any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order,
and any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;

 

(3)  
whenever in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior
to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may,
in the absence of negligence or bad faith on its part, conclusively rely upon an Officers’ Certificate;

 

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(4)  
the Trustee may consult with counsel of its own selection 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 in good faith and
in reliance thereon;

 

(5)  
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 pursuant to this Indenture, 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;

 

(6)  
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, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled
to examine the books, records and premises of the Company, personally or by agent or attorney;

 

(7)  
the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through
agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney
appointed with due care by it hereunder;

 

(8)  
the Trustee shall not be liable for any action taken, suffered, or omitted to be taken by it in good faith and reasonably believed
by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture;

 

(9)  
the Trustee shall not be deemed to have, or required to take, 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 and this Indenture and
specifies that such notice is a notice of an Event of Default;

 

(10)     
the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to
be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent,
custodian and the Person employed to act hereunder;

 

(11)     
the Trustee may request that the Company deliver an Officers’ Certificate setting forth the names of individuals and/or
titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate
may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized
in any such certificate previously delivered and not superseded;

 

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(12)     
the permissive rights of the Trustee enumerated herein shall not be construed as duties;

 

(13)     
in no event shall the Trustee be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever
(including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such
loss or damage and regardless of the form of action;

 

(14)     
the Trustee shall not be required to give any bond or surety in respect of the execution of the trusts and powers or otherwise
in respect of this indenture;

 

(15)     
under no circumstances shall the Trustee be liable in its individual capacity for the obligations evidenced by the securities;

 

(16)     
the Trustee shall not be liable or responsible for any action or inaction of the Depositary or any other clearinghouse or depositary;

 

(17)     
the Trustee shall have no obligation to undertake any calculation hereunder or have any liability for any calculation performed
in connection herewith or the transactions contemplated hereunder;

 

(18)     
the Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture
arising out of or caused, directly or indirectly, by circumstances beyond its control, including acts of God; earthquakes; fire;
flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; interruptions; loss or malfunctions of utilities,
computer (hardware or software) or communication services; accidents; labor disputes; acts of civil or military authority and
governmental action; and

 

(19)     
for certain payments made pursuant to this Indenture, the Trustee may be required to make a “reportable payment” or
“withholdable payment” and in such cases the Trustee shall have the duty to act as a payor or withholding agent, respectively,
that is responsible for any tax withholding and reporting required under Chapters 3, 4 and 61 of the Code. The Trustee shall have
the sole right to make the determination as to which payments are “reportable payments” or “withholdable payments.”
All parties to this Indenture shall provide an executed IRS Form W-9 or appropriate IRS Form W-8 (or, in each case, any successor
form) to the Trustee prior to closing, and shall promptly update any such form to the extent such form becomes obsolete or inaccurate
in any respect. The Trustee shall have the right to request from any party to this Indenture, or any other Person entitled to
payment hereunder, any additional forms, documentation or other information as may be reasonably necessary for the Trustee to
satisfy its reporting and withholding obligations under the Code. To the extent any such forms to be delivered under this Section
603 are not provided prior to or by the time the related payment is required to be made or are determined by the Trustee to be
incomplete and/or inaccurate in any respect, the Trustee shall be entitled to withhold on any such payments hereunder to the extent
withholding is required under Chapters 3, 4 or 61 of the Code, and shall have no obligation to gross up any such payment.

 

     36

     

    

 

Section
604.    Not Responsible for Recitals or Issuance
of Securities.  

 

The
recitals contained herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as
the statements of the Company, and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness.
The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities. Neither the Trustee
nor any Authenticating Agent shall be accountable for the use or application by the Company of Securities or the proceeds thereof.

 

Section
605.    May Hold Securities.  

 

The
Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other agent of the Company, in its individual
or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 608 and 613,
may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent,
Security Registrar or such other agent.

 

Section
606.    Money Held in Trust.  

 

Money
held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee
shall be under no liability for interest or investment on any money received by it hereunder except as otherwise agreed in writing
with the Company.

 

Section
607.     Compensation and Reimbursement.  

 

The
Company agrees

 

(1)  
to pay to the Trustee (acting in any capacity hereunder) from time to time such compensation for all services rendered by it hereunder
as shall be agreed in writing between the Company and the Trustee (which compensation shall not be limited by any provision of
law in regard to the compensation of a trustee of an express trust);

 

(2)  
except as otherwise expressly provided herein, to reimburse the Trustee and any predecessor Trustee upon its request for all reasonable
expenses, disbursements and advances incurred or made by the Trustee (acting in any capacity hereunder) in accordance with any
provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel),
except any such expense, disbursement or advance as shall be determined by a court of competent jurisdiction to have been caused
by its own negligence or willful misconduct; and

 

     37

     

    

 

(3)  
to indemnify the Trustee (acting in any capacity hereunder) and any predecessor Trustee for, to protect and to hold it harmless
against, any and all loss, liability claim, damage or expense, including taxes (other than those based upon, measured by or determined
by the income of the Trustee), incurred without negligence or willful misconduct on its part, arising out of or in connection
with the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending itself against
any claim (whether asserted by the Company, any Holder or any other Person) or liability in connection with the exercise or performance
of any of its powers or duties hereunder or in connection with enforcing the provisions of this Section.

 

This
Section shall survive the termination of the Indenture and the resignation or removal of the Trustee.

 

To
secure the payment obligations of the Company in this Section 607, the Trustee shall have a lien prior to the Securities on all
money or property held or collected by the Trustee, except that held in trust to pay principal and interest on any particular
Securities. Such lien shall survive the satisfaction and discharge of this Indenture.

 

Section
608.    Conflicting Interests.  

 

If
the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either
eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture
Act and this Indenture. To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting
interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series.

 

Section
609.    Corporate Trustee Required; Eligibility.  

 

There
shall at all times be one (and only one) Trustee hereunder with respect to the Securities of each series, which may be Trustee
hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust Indenture
Act to act as such and has a combined capital and surplus of at least $50,000,000. If any such Person publishes reports of condition
at least annually, pursuant to law or to the requirements of its supervising or examining authority, then for the purposes of
this Section and to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be
deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time
the Trustee with respect to the Securities of any series shall cease to be eligible in accordance with the provisions of this
Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.

 

Section
610.    Resignation and Removal; Appointment
of Successor.  

 

No
resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective
until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 611.

 

The
Trustee may resign at any time with respect to the Securities of one or more series by giving written notice thereof to the Company.
If the instrument of acceptance by a successor Trustee required by Section 611 shall not have been delivered
to the resigning Trustee within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any
court of competent jurisdiction at the expense of the Company for the appointment of a successor Trustee with respect to the Securities
of such series.

 

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The
Trustee may be removed upon 30 days prior written notice with respect to the Securities of any series by Act of the Holders of
a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company.

 

If
at any time:

 

(1)  
the Trustee shall fail to comply with Section 608 after written request therefor by the Company or by any Holder
who has been a bona fide Holder of a Security for at least six months, or

 

(2)  
the Trustee shall cease to be eligible under Section 609 and shall fail to resign after written request therefor
by the Company or by any such Holder, or

 

(3)  
the Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its
property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for
the purpose of rehabilitation, conservation or liquidation,

 

then,
in any such case, (A) the Company by a Board Resolution may remove the Trustee with respect to all Securities, or (B) subject
to Section 514, any Holder who has been a bona fide Holder of a Security for at least six months may, on behalf
of himself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee with
respect to all Securities and the appointment of a successor Trustee or Trustees. If an instrument of acceptance by a successor
Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of removal, the Trustee being
removed may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee
with respect to the Securities of such series.

 

If
the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any
cause, with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor
Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee
may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only
one Trustee with respect to the Securities of any particular series) and shall comply with the applicable requirements of Section 611.
If, within one year after the successor trustee takes office, a successor Trustee with respect to the Securities of any series
shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered
to the Company and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment
in accordance with the applicable requirements of Section 611, become the successor Trustee with respect to
the Securities of such series and to that extent supersede the successor Trustee appointed by the Company. If no successor Trustee
with respect to the Securities of any series shall have been so appointed by the Company or the Holders of Securities of such
series and accepted appointment in the manner required by Section 611, any Holder who has been a bona fide
Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition
any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

 

     39

     

    

 

The
Company shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series and
each appointment of a successor Trustee with respect to the Securities of any series to all Holders of Securities of such series
in the manner provided in Section 106. Each notice shall include the name of the successor Trustee with respect
to the Securities of such series and the address of its Corporate Trust Office.

 

Notwithstanding
replacement of the Trustee pursuant to this Section 610, the Company’s obligations under Section 607 shall continue for
the benefit of the retiring Trustee.

 

Section
611.     Acceptance of Appointment by Successor.  

 

In
case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed
shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and
thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further
act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the
request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver
an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly
assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder.

 

In
case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the
Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and
deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which (1) shall
contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee
all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which
the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities,
shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties
of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring
shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Indenture as
shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being
understood that nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust
and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder
administered by any other such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or
removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without
any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee
with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request
of the Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee
all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which
the appointment of such successor Trustee relates.

 

     40

     

    

 

Upon
request of any such successor Trustee, the Company shall execute any and all instruments for more fully and certainly vesting
in and confirming to such successor Trustee all such rights, powers and trusts referred to in the first or second preceding paragraph,
as the case may be.

 

No
successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified
and eligible under this Article.

 

Section
612.     Merger, Conversion, Consolidation
or Succession to Business.  

 

Any
corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting
from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially
all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation
shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act
on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee
then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication
and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

 

Section
613.     Preferential Collection of Claims
Against Company.  

 

If
and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall
be subject to the provisions of Section 311 of the Trust Indenture Act, but only to the extent therein specified,
regarding the collection of claims against the Company (or any such other obligor). For purposes of Section 311(b)(4)
and (6) of such Act, the following terms shall mean:

 

(a)          
“cash transaction” means any transaction in which full payment for goods or securities sold is made
within seven days after delivery of the goods or securities in currency or in checks or other orders drawn upon banks or bankers
and payable upon demand; and

 

(b)         
“self-liquidating paper” means any draft, bill of exchange, acceptance or obligation which is made,
drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage
or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the
goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously
constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor
relationship with the Company arising from the making, drawing, negotiating or incurring of the draft, bill of exchange, acceptance
or obligation.

 

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Section
614.     Appointment of Authenticating Agent.  

 

The
Trustee may appoint an Authenticating Agent or Agents with respect to one or more series of Securities which shall be authorized
to act on behalf of the Trustee to authenticate Securities of such series issued upon original issue and upon exchange, registration
of transfer or partial redemption thereof or pursuant to Section 306, and Securities so authenticated shall
be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee
hereunder. Any such appointment shall be evidenced by an instrument in writing signed by a Responsible Officer of the Trustee,
and a copy of such instrument shall be promptly furnished to the Company. Wherever reference is made in this Indenture to the
authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication, such reference
shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of
authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to
the Company and shall at all times be a corporation organized and doing business under the laws of the United States of America,
any State thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital
and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or State authority. If such Authenticating
Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining
authority, then for the purposes of this Section, the combined capital and surplus of such Authenticating Agent shall be deemed
to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section, such Authenticating Agent shall resign immediately
in the manner and with the effect specified in this Section.

 

Any
corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any corporation
resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation
succeeding to the corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an Authenticating
Agent, provided such corporation shall be otherwise eligible under this Section, without the execution or filing of any
paper or any further act on the part of the Trustee or the Authenticating Agent.

 

An
Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may
at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and
to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating
Agent which shall be acceptable to the Company and shall give notice of such appointment in the manner provided in Section 106
to all Holders of Securities of the series with respect to which such Authenticating Agent will serve. Any successor Authenticating
Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor
hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed
unless eligible under the provisions of this Section.

 

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The
Company agrees to pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section.

 

If
an appointment with respect to one or more series is made pursuant to this Section, the Securities of such series may have endorsed
thereon, in addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the
following form:

 

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

	 	 	 
	 	Wells Fargo Bank, National Association.,

    As Trustee
	 	 	 
	 	By:	 
	 		As Authenticating
    Agent
	 	 	 
	 	By:	 
	 		Authorized Officer”

 

If
all of the Securities of a series may not be originally issued at one time, and if the Trustee does not have an office capable
of authenticating Securities upon original issuance located in a Place of Payment where the Company wishes to have Securities
of such series authenticated upon original issuance, the Trustee, if so requested by the Company in writing (which writing need
not comply with Section 102 and need not be accompanied by an Opinion of Counsel), shall appoint in accordance
with this Section an Authenticating Agent having an office in a Place of Payment designated by the Company with respect to such
series of Securities.

 

ARTICLE
Seven

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

 

Section
701.    Company to Furnish Trustee Names
and Addresses of Holders.  

 

With
respect to each series of the Securities, the Company will furnish or cause to be furnished to the Trustee

 

(1)  
semi-annually, not later than 10 days after each Regular Record Date or in the case of any series of Securities on which semi-annual
interest is not payable, not more than 15 days after such semi-annual dates specified by the Trustee, a list, in such form as
the Trustee may reasonably require, of the names and addresses of the Holders of Securities of each series as of the Regular Record
Date or such semi-annual date, as the case may be, and

 

(2)  
at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request,
a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished;

 

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provided,
that so long as the Trustee is the Security Registrar, the Company shall not be required to furnish or cause to be furnished
such a list to the Trustee. The Company shall otherwise comply with Section 310(a) of the Trust Indenture Act.

 

Section
702.     Preservation of Information; Communications
to Holders.  

 

The
Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders contained in the
most recent list furnished to the Trustee as provided in Section 701 and the names and addresses of Holders
received by the Trustee in its capacity as Security Registrar. The Trustee may destroy any list furnished to it as provided in
Section 701 upon receipt of a new list so furnished.

 

The
rights of Holders to communicate with other Holders with respect to their rights under this Indenture or under the Securities,
and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act.

 

Every
Holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor
the Trustee nor any agent of either of them shall be held accountable by reason of the disclosure of any such information as to
the names and addresses of the Holders in accordance with this Section 702, regardless of the source from which
such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to
a request made under this Section 702. The Company, the Trustee, the Security Registrar and any other Person
shall have the protection of Section 312(c) of the Trust Indenture Act.

 

Section
703.     Reports by Trustee.  

 

The
Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required
pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto, including Sections 313(a),
313(b), 313(c) and 313(d) of the Trust Indenture Act.

 

A
copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange
upon which any Securities are listed, with the Commission and with the Company. The Company will notify the Trustee in writing
when any Securities are listed on any stock exchange or delisted therefrom.

 

Section
704.     Reports by Company.  

 

The
Company shall file with the Trustee and the Commission, and transmit to Holders, such information, documents and other reports,
and such summaries thereof, as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant
to such Act; provided that any such information, documents or reports required to be filed with the Commission pursuant
to Section 13 or 15(d) of the Exchange Act shall be filed with the Trustee within 15 days after the same is so required to be
filed with the Commission. The Company shall otherwise comply with Section 314(a) of the Trust Indenture Act.

 

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Delivery
of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of
such shall not constitute constructive notice of any information contained therein or determinable from information contained
therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively
on Officers’ Certificates). The Trustee shall not be obligated to monitor or confirm, on a continuing basis or otherwise,
the Company’s compliance with the covenants or with respect to any reports or other documents delivered under this Indenture.
Further, the Trustee shall have liability or responsibility for the filing, timeliness or content of any report filed or delivered
in connection herewith.

 

ARTICLE
Eight

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

 

Section
801.    Company May Consolidate, Etc., Only
on Certain Terms.  

 

The
Company shall not consolidate with or merge into any other Person or convey, transfer or lease its properties and assets substantially
as an entirety to any Person (other than a direct or indirect wholly-owned subsidiary of the Company) and the Company shall not
permit any Person (other than a direct or indirect wholly-owned subsidiary of the Company) to consolidate with or merge into the
Company, unless:

 

(1)  
the Company is the surviving corporation or, in case the Company shall consolidate with or merge into another Person or convey,
transfer or lease its properties and assets substantially as an entirety to any Person, the Person formed by such consolidation
or into which the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and
assets of the Company substantially as an entirety shall be a corporation, limited liability company, partnership or trust, organized
and validly existing under the laws of the United States of America, any State thereof or the District of Columbia and shall expressly
assume, by an indenture supplemental hereto, executed and delivered to the Trustee in form satisfactory to the Trustee, the due
and punctual payment of the principal of and any premium and interest (including all additional amounts, if any payable pursuant
to Section 1007) on all the Securities and the performance or observance of every covenant of this Indenture
on the part of the Company to be performed or observed;

 

(2)  
immediately after giving effect to such transaction and treating any indebtedness which becomes an obligation of the Company or
any Subsidiary as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction,
no Event of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have happened
and be continuing;

 

(3)  
if, as a result of any such consolidation or merger or such conveyance, transfer or lease, properties or assets of the Company
would become subject to a mortgage, pledge, lien, security interest or other encumbrance which would not be permitted by this
Indenture, the Company or such successor Person, as the case may be, shall take such steps as shall be necessary effectively to
secure the Securities equally and ratably with (or prior to) all indebtedness secured thereby; and

 

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(4)  
the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation,
merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental
indenture comply with this Article and that all conditions precedent herein provided for relating to such transaction have been
complied with.

 

Section
802.    Successor Substituted.  

 

Upon
any consolidation of the Company with, or merger of the Company into, any other Person or any conveyance, transfer or lease of
the properties and assets of the Company substantially as an entirety in accordance with Section 801, the successor
Person formed by such consolidation or into which the Company is merged or to which such conveyance, transfer or lease 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 had been named as the Company herein, and thereafter, except in the case of a lease, the
predecessor Person shall be relieved of all obligations and covenants under this Indenture and the Securities.

 

ARTICLE
Nine

SUPPLEMENTAL INDENTURES

 

Section
901.    Supplemental Indentures Without Consent
of Holders.  

 

Without
the consent of any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to
time, may enter into one or more indentures supplemental hereto, for any of the following purposes:

 

(1)  
to evidence the succession of another Person to the Company and the assumption by any such successor of the covenants of the Company
herein and in the Securities; or

 

(2)  
to add to the covenants of the Company for the benefit of the Holders of all or any series of Securities (and if such covenants
are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely
for the benefit of such series) or to surrender any right or power herein conferred upon the Company; or

 

(3)  
to add any additional Events of Default for the benefit of the Holders of all or any series of Securities (and if such additional
Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default
are expressly being included solely for the benefit of such series); or

 

(4)  
to add to, change or eliminate any of the provisions of this Indenture in respect of one or more series of Securities, provided
that any such addition, change or elimination (A) shall neither (i) apply to any Security of any series created prior to the
execution of such supplemental indenture and entitled to the benefit of such provision nor (ii) modify the rights of the Holder
of any such Security with respect to such provision or (B) shall become effective only when there is no such Security Outstanding;
or

 

     46

     

    

 

(5)  
to secure the Securities; or

 

(6)  
to establish the form or terms of Securities of any series as permitted by Sections 201 and 301; or

 

(7)  
to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one
or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate
the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 611;
or

 

(8)  
to cure any ambiguity, to correct or supplement any provision herein which may be defective or inconsistent with any other provision
herein, or to make any other provisions with respect to matters or questions arising under this Indenture, provided that
such action shall not adversely affect the interests of the Holders of Securities of any series in any material respect as evidenced
by an Officers’ Certificate.

 

Section
902.    Supplemental Indentures With Consent
of Holders.  

 

With
the consent of the Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of each series
affected by such supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized
by a Board Resolution, and the Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner
the rights of the Holders of Securities of such series under this Indenture; provided, however, that no such supplemental
indenture shall, without the consent of the Holder of each Outstanding Security affected thereby,

 

(1)  
change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, or reduce the
principal amount thereof or the rate of interest thereon or any premium payable upon the redemption thereof, or change any obligation
of the Company to pay additional amounts pursuant to Section 1007 (except as contemplated by Sections 801
and 802 and permitted by Section 901(1)), or reduce the amount of the principal of an Original Issue
Discount Security or any other Security which would be due and payable upon a declaration of acceleration of the Maturity thereof
pursuant to Section 502, or change the coin or currency in which, any Security or any premium or interest thereon
is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof
(or, in the case of redemption, on or after the Redemption Date), or

 

(2)  
reduce the percentage in principal amount of the Outstanding Securities of any series, the consent of whose Holders is required
for any such supplemental indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions
of this Indenture or certain defaults hereunder and their consequences) provided for in this Indenture, or

 

     47

     

    

 

(3)  
change any obligation of the Company to maintain an office or agency in the places and for the purposes specified in Section 1002,
or

 

(4)  
modify any of the provisions of this Section, Section 513 or Section 1006, except to increase any such
percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the
Holder of each Outstanding Security affected thereby; provided, however, that this clause shall not be deemed to require
the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this
Section and Section 901, or deletion of this proviso, in accordance with the requirements of Sections 611
and 901(7).

 

A
supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has expressly been
included solely for the benefit of one or more particular series of Securities, or which modifies the rights of the Holders of
Securities of such series with respect to such covenant or other provision, shall be deemed not to affect the rights under this
Indenture of the Holders of Securities of any other series.

 

It
shall not be necessary for any Act of Holders of Securities under this Section to approve the particular form of any proposed
supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof.

 

Section
903.    Execution of Supplemental Indentures.  

 

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 receive, and (subject to Section 601) shall
be fully protected in conclusively relying upon, an Officers’ Certificate and an Opinion of Counsel stating that the execution
of such supplemental indenture is authorized or permitted by this Indenture and that such supplemental indenture constitutes the
legal, valid and binding obligation of the Company enforceable against it in accordance with its terms. The Trustee may, but shall
not be obligated to, enter into any such supplemental indenture which affects the Trustee’s owner’s rights, duties,
liabilities or immunities under this Indenture or otherwise.

 

Section
904.    Effect of Supplemental Indentures.  

 

Upon
the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and
such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or
thereafter authenticated and delivered hereunder shall be bound thereby.

 

Section
905.    Conformity with Trust Indenture Act.  

 

Every
supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act.

 

     48

     

    

 

Section
906.     Reference in Securities to Supplemental
Indentures.  

 

Securities
of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and
shall if required by the Company, bear a notation in form approved by the Company as to any matter provided for in such supplemental
indenture. If the Company shall so determine, new Securities of any series so modified as to conform, in the opinion of the Company,
to any such supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee
in exchange for Outstanding Securities of such series.

 

ARTICLE
Ten

COVENANTS

 

Section
1001.      Payment of Principal, Premium
and Interest.  

 

The
Company covenants and agrees for the benefit of Holders of each series of Securities that it will duly and punctually pay the
principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and
this Indenture. Principal, premium, if any, and interest shall be considered paid on the date due if the Trustee or the Paying
Agent holds as of 11:00 a.m. Eastern time, on the due date money deposited by the Company in immediately available funds and designated
for and sufficient to pay the principal, premium, if any, and interest then due, and the Trustee or the Paying Agent, as the case
may be, is not prohibited from paying such money to the Holders on that date pursuant to the terms of this Indenture.

 

Section
1002.      Maintenance of Office or
Agency.  

 

The
Company will maintain in each Place of Payment for any series an office or agency where Securities of that series may be presented
or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange and where
notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be served. The Company
will give prompt written notice to the Trustee of the location, and any change in the location, of any such office or agency.
If at any time the Company shall fail to maintain any such required office or agency in respect of any series of Securities or
shall fail to furnish the Trustee with the address thereof, such presentations and surrenders of Securities of that series may
be made and notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints
the same as its agent to receive such respective presentations, surrenders, notices and demands; provided, however, no service
of legal process may be made on the Company at any office of the Trustee. The Company may also from time to time designate one
or more other offices or agencies where the Securities of one or more series may be presented or surrendered for any or all such
purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission
shall in any manner relieve the Company of its obligation to maintain an office or agency in each Place of Payment for Securities
of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission
and of any change in the location of any such other office or agency.

 

     49

     

    

 

Section
1003.      Money for Securities Payments
to be Held in Trust.  

 

If
the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each
due date of the principal of or any premium or interest on any of the Securities of that series, segregate and hold in trust for
the benefit of the Persons entitled thereto a sum sufficient to pay the principal and any premium or interest so becoming due
until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee
of its action or failure so to act.

 

Whenever
the Company shall have one or more Paying Agents for any series of Securities, it will, prior to each due date of the principal
of or any premium or interest on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay the principal
and any premium or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal,
premium or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action
or failure so to act.

 

The
Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee
an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying
Agent will (1) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent and (2) during the continuance
of any default by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect
of the Securities of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust
by such Paying Agent for payment in respect of the Securities of that series.

 

The
Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose,
pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent,
such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying
Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability
with respect to such money.

 

Subject
to applicable unclaimed property or “escheat laws,” any money deposited with the Trustee or any Paying Agent, or then
held by the Company, in trust for the payment of the principal of or any premium or interest on any Security of any series and
remaining unclaimed for two years after such principal and any premium or interest has become due and payable shall be paid to
the Company on Company Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security
shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee
or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease.

 

     50

     

    

 

Section
1004.      Statement by Officers as
to Default.  

 

The
Company will deliver to the Trustee, within 120 days after the end of each fiscal year of the Company ending after the date hereof,
an Officers’ Certificate, stating whether or not to the best knowledge of the signers thereof the Company is in default
in the performance and observance of any of the terms, provisions and conditions of this Indenture (without regard to any period
of grace or requirement of notice provided hereunder) and, if the Company shall be in default, specifying all such defaults and
the nature and status thereof of which they may have knowledge. The Company shall deliver to the Trustee, as soon as reasonably
practicable and in any event within 20 days after the Company becomes aware of the occurrence of any Event of Default or an event
which, with notice or the lapse of time or both, would constitute an Event of Default, an Officers’ Certificate setting
forth the details of such Event of Default or default.

 

Section
1005.      Existence.  

 

Subject
to Article Eight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its
existence, rights (charter and statutory) and franchises; provided, however, that the Company shall not be required to
preserve any such right or franchise if the Board of Directors shall determine that the preservation thereof is no longer desirable
in the conduct of the business of the Company and that the loss thereof is not disadvantageous in any material respect to the
ability of the Company to make payments hereunder.

 

Section
1006.      Waiver of Certain Covenants.  

 

Except
as otherwise specified as contemplated by Section 301 for Securities of such series and as contemplated by
Section 508, the Company may, with respect to the Securities of any series, omit in any particular instance
to comply with any term, provision or condition set forth in this Indenture for the benefit of the Holders of such series if before
the time for such compliance the Holders of at least 50% in principal amount of the Outstanding Securities of such series shall,
by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision
or condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly
waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect
of any such term, provision or condition shall remain in full force and effect.

 

Section
1007.      Additional Amounts.  

 

If
the Securities of a series provide for the payment of additional amounts, the Company will pay to the Holder of any Security of
such series additional amounts as provided therein. Whenever in this Indenture there is mentioned, in any context, the payment
of the principal of or any premium or interest on, or in respect of, any Security of any series or the net proceeds received on
the sale or exchange of any Security of any series, such mention shall be deemed to include mention of the payment of additional
amounts provided for in this Section to the extent that, in such context, additional amounts are, were or would be payable in
respect thereof pursuant to the provisions of this Section and express mention of the payment of additional amounts (if applicable)
in any provisions hereof shall not be construed as excluding additional amounts in those provisions hereof where such express
mention is not made.

 

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If
the Securities of a series provide for the payment of additional amounts, at least 10 days prior to the first Interest Payment
Date with respect to that series of Securities (or if the Securities of that series will not bear interest prior to Maturity,
the first day on which a payment of principal and any premium is made), and at least 10 days prior to each date of payment of
principal and any premium or interest if there has been any change with respect to the matters set forth in the below-mentioned
Officers’ Certificate, the Company will furnish the Trustee and the Company’s principal Paying Agent or Paying Agents,
if other than the Trustee, with an Officers’ Certificate instructing the Trustee and such Paying Agent or Paying Agents
whether such payment of principal of and any premium or interest on the Securities of that series shall be made to Holders of
Securities of that series who are United States Aliens without withholding for or on account of any tax, assessment or other governmental
charge described in the Securities of that series. If any such withholding shall be required, then such Officers’ Certificate
shall specify by country the amount, if any, required to be withheld on such payments to such Holders of Securities and the Company
will pay to the Trustee or such Paying Agent the additional amounts required by this Section. The Company covenants to indemnify
the Trustee and any Paying Agent for, to protect and to hold them harmless against, any loss, liability, damage or expense reasonably
incurred without negligence or willful misconduct on their part arising out of or in connection with actions taken or omitted
by any of them in reliance on any Officers’ Certificate furnished pursuant to this Section.

 

ARTICLE
Eleven

REDEMPTION OF SECURITIES

 

Section
1101.      Applicability of Article.  

 

Securities
of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except
as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article.

 

Section
1102.      Election to Redeem; Notice
to Trustee.  

 

The
election of the Company to redeem any Securities shall be evidenced by a Board Resolution or in another manner specified as contemplated
by Section 301 for such Securities. In case of any redemption at the election of the Company of less than all
the Securities of any series (including any such redemption affecting only a single Security), the Company shall, by delivering
an Officers’ Certificate at least 60 days prior to the Redemption Date fixed by the Company (unless a shorter notice shall
be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series
to be redeemed and, if applicable, of the tenor of the Securities to be redeemed (unless all of the Securities of a specified
tenor are to be redeemed). In the case of any redemption of Securities (i) prior to the expiration of any restriction on such
redemption provided in the terms of such Securities or elsewhere in this Indenture, or (ii) pursuant to an election of the Company
which is subject to a condition specified in the terms of such Securities, the Company shall furnish the Trustee with an Officers’
Certificate evidencing compliance with such restriction or condition.

 

     52

     

    

 

Section
1103.      Selection by Trustee of Securities
to be Redeemed.  

 

If
less than all the Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor
are to be redeemed or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be
selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not
previously called for redemption, by such method in accordance with the Depository’s applicable procedures and which may
provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities of that series
or any integral multiple thereof) of the principal amount of Securities of such series of a denomination larger than the minimum
authorized denomination for Securities of that series or of the principal amount of global securities of such series. If less
than all of the Securities of such series and of a specified tenor are to be redeemed, the particular Securities to be redeemed
shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series
and specified tenor not previously called for redemption in accordance with the preceding sentence.

 

The
Trustee shall promptly notify the Company in writing of the Securities selected for redemption as aforesaid and, in case of any
Securities selected for partial redemption as aforesaid, the principal amount thereof to be redeemed.

 

The
provisions of the two preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether
such Security is to be redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the
principal amount of the Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination)
for such Security.

 

For
all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities
shall relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of
such Securities which has been or is to be redeemed.

 

Section
1104.      Notice of Redemption.  

 

Notice
of redemption shall be given in the manner provided in Section 106 to the Holders of Securities to be redeemed
not less than 30 nor more than 60 days prior to the Redemption Date, except that notices of redemption may be sent more than 60
days prior to a redemption date if the notice is issued in connection with the defeasance or satisfaction and discharge of this
Indenture.

 

All
notices of redemption shall identify the Securities and state:

 

(1)  
the Redemption Date,

 

(2)  
the Redemption Price,

 

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(3)  
if less than all the Outstanding Securities of any series consisting of more than a single Security are to be redeemed, the identification
(and, in the case of partial redemption of any such Securities, the principal amounts) of the particular Securities to be redeemed
and, if less than all the Outstanding Securities of any series consisting of a single Security are to be redeemed, the principal
amount of the particular Security to be redeemed,

 

(4)  
that on the Redemption Date the Redemption Price will become due and payable upon each such Security to be redeemed and, if applicable,
that interest thereon will cease to accrue on and after said date (unless the Company defaults in the timely deposit of the Redemption
Price),

 

(5)  
the place or places where such Securities are to be surrendered for payment of the Redemption Price,

 

(6)  
that the redemption is for a sinking fund, if such is the case, and

 

(7)  
applicable CUSIP number, ISIN or “Common Code” number, if any, and that no representation is made by the Trustee as
to the correctness or accuracy of the CUSIP number, ISIN or “Common Code” number, if any, listed in such notice or
printed on the Securities.

 

A
notice of redemption published as contemplated by Section 106 need not identify particular registered Securities
to be redeemed.

 

Notice
of redemption of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company’s
request, by the Trustee in the name and at the expense of the Company and shall be irrevocable.

 

In
case of any redemption at the election of the Company, the Company will, at least 10 days (unless a shorter notice will be satisfactory
to the Trustee) prior to the notice date, notify the Trustee of such Redemption Date.

 

Section
1105.    Deposit of Redemption Price.  

 

Prior
to 11:00 a.m. Eastern time on any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the
Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 1003) an amount
of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued
interest on, all the Securities which are to be redeemed on that date.

 

Section
1106.    Securities Payable on Redemption
Date.  

 

Notice
of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable
at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the
Redemption Price and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption
in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest
to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 301,
installments of interests on Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders
of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record
Dates according to their terms and the provisions of Section 307.

 

     54

     

    

 

If
any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall,
until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

 

Section
1107.      Securities Redeemed in Part.  

 

Any
Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the
Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee
duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee
shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same
series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and
in exchange for the unredeemed portion of the principal of the Security so surrendered.

 

Section
1108.      Purchase of Securities.  

 

Unless
otherwise specified as contemplated by Section 301, the Company and any Affiliate of the Company may at any
time purchase or otherwise acquire Securities in the open market or by private agreement. Such acquisition shall not operate as
or be deemed for any purpose to be a redemption of the indebtedness represented by such Securities. Any Securities purchased or
acquired by the Company may be delivered to the Trustee and, upon such delivery, the indebtedness represented thereby shall be
deemed to be satisfied. Section 309 shall apply to all Securities so delivered.

 

ARTICLE
Twelve

SINKING FUNDS

 

Section
1201.      Applicability of Article.  

 

The
provisions of this Article shall be applicable to any sinking fund for the retirement of Securities of any series except as otherwise
specified as contemplated by Section 301 for such Securities.

 

The
minimum amount of any sinking fund payment provided for by the terms of any Securities is herein referred to as a “mandatory
sinking fund payment”, and any payment in excess of such minimum amount provided for by the terms of such Securities is
herein referred to as an “optional sinking fund payment”. If provided for by the terms of any Securities, the cash
amount of any sinking fund payment may be subject to reduction as provided in Section 1202. Each sinking fund
payment shall be applied to the redemption of Securities as provided for by the terms of such Securities.

 

     55

     

    

 

Section
1202.      Satisfaction of Sinking Fund
Payments with Securities.  

 

The
Company (1) may deliver Outstanding Securities of a series (other than any previously called for redemption) and (2) may apply
as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such
Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in
each case in satisfaction of all or any part of any sinking fund payment with respect to any Securities of such series required
to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such Securities; provided
that the Securities to be so credited have not been previously so credited. The Securities to be so credited shall be received
and credited for such purpose by the Trustee at the Redemption Price, as specified in the Securities so to be redeemed, for redemption
through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

 

Section
1203.      Redemption of Securities
for Sinking Fund.  

 

Not
less than 45 days prior (unless a shorter period shall be satisfactory to the Trustee) to each sinking fund payment date for any
Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking
fund payment for such Securities pursuant to the terms of such Securities, 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 Securities pursuant to
Section 1202 and will also deliver to the Trustee any Securities to be so delivered. The Trustee shall select
any Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 1103 and
cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in
Section 1104. Such notice having been duly given, the redemption of such Securities shall be made upon the
terms and in the manner stated in Sections 1106 and 1107.

 

ARTICLE
Thirteen

LEGAL DEFEASANCE AND COVENANT DEFEASANCE

 

Section
1301.      Company’s Option to
Effect Legal Defeasance or Covenant Defeasance.  

 

The
Company may at its option, at any time elect to have either Section 1302 or Section 1303 applied to the
Outstanding Securities of any series upon compliance with the conditions set forth below in this Article Thirteen.

 

Section
1302.      Legal Defeasance and Discharge.  

 

Upon
the Company’s exercise of the option provided in Section 1301 applicable to this Section, the Company
shall be deemed to have been discharged from its obligations with respect to the Outstanding Securities of any series on the date
the conditions set forth below are satisfied (hereinafter, “legal defeasance”). For this purpose, such
legal defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by the
Outstanding Securities of such series and to have satisfied all its other obligations under the Securities of such series and
this Indenture insofar as the Securities of such series are concerned (and the Trustee, at the expense of the Company, shall execute
proper instruments acknowledging the same), except for the following which shall survive until otherwise terminated or discharged
hereunder: (A) the rights of Holders of the Securities of such series to receive, solely from the trust fund described in Section 1304
and as more fully set forth in such Section, payments in respect of the principal of and any premium and interest on the
Securities of such series when such payments are due, (B) the Company’s obligations with respect to such Securities under
Sections 304, 305, 306, 1002 and 1003, (C) the rights, powers, trusts, duties and immunities of the Trustee
hereunder and the Company’s obligations related thereto and (D) this Article Thirteen. Subject to compliance
with this Article Thirteen, the Company may exercise its option under this Section 1302 notwithstanding the
prior exercise of its option under Section 1303.

 

     56

     

    

 

Section
1303.    Covenant Defeasance.  

 

Upon
the Company’s exercise of the option provided in Section 1301 applicable to this Section, (i) the Company
shall be released from its obligations with respect to the Securities of such series under Section 801, Section 1006
and Section 1007 and any covenants provided pursuant to Section 301 for the benefit of
the Holders of such Securities (to the extent so provided pursuant to Section 301) and (ii) the occurrence
of an event specified in Sections 501(3) or (4) shall not be deemed to be an Event of Default on and after
the date the conditions set forth below are satisfied (hereinafter, “covenant defeasance”). For this
purpose, such covenant defeasance means that the Company may omit to comply with and shall have no liability in respect of any
term, condition or limitation set forth in any such Section or clause whether directly or indirectly by reason of any reference
elsewhere herein to any such Section or clause or by reason of any reference in any such Section or clause to any other provision
herein or in any other document, but the remainder of this Indenture and such Securities shall be unaffected thereby.

 

Section
1304.    Conditions to Legal Defeasance
or Covenant Defeasance.  

 

The
following shall be the conditions to application of either Section 1302 or Section 1303
to the then Outstanding Securities of any series:

 

(1)  
The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee satisfying the requirements
of Section 609 who shall agree to comply with the provisions of this Article Thirteen applicable to it) as
trust funds in trust for the purpose of making the following payments specifically pledged as security for, and dedicated solely
to, the benefit of the Holders of the Securities of such series, (A) money in an amount, or (B) Government Obligations which
through the scheduled payment of principal and interest in respect thereof in accordance with their terms will provide, not later
than one day before the due date of any payment, money in an amount, or (C) a combination thereof, sufficient, in the opinion
of a nationally recognized firm of independent public accountants or a nationally recognized investment banking firm expressed
in a written certification thereof delivered to the Trustee, (if such firms at such time customarily deliver such certifications,
and, if not, such certification may be from the principal financial officer of the Company), to pay and discharge, and which shall
be applied by the Trustee (or other qualifying trustee) to pay and discharge, the principal of, premium, if any, and each installment
of interest on the Securities on the Stated Maturity of such principal or installment of interest in accordance with the terms
of this Indenture and of the Securities of such series. For this purpose, “Government Obligations” means,
with respect to any series of Securities, securities that are (x) direct obligations of the government that issued the currency
in which such series is denominated (or, if such series is denominated in euro, the direct obligations of any government that
is a member of the European Monetary Union) for the payment of which its full faith and credit is pledged or (y) obligations of
a Person controlled or supervised by and acting as an agency or instrumentality of such government the payment of which is unconditionally
guaranteed as a full faith and credit obligation by such government, which, in either case, are not callable or redeemable at
the option of the issuer thereof and shall also include a depositary receipt issued by a bank (as defined in Section 3(a)(2) of
the Securities Act) as custodian with respect to any Government Obligation where the relevant government is the United States
of America or a specific payment of principal of or interest on any such Government Obligation held by such custodian for the
account of the holder of such depositary 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 depository receipt from any amount received by the custodian
in respect of such Government Obligation or the specific payment of principal of or interest on such Government Obligation evidenced
by such depository receipt.

 

     57

     

    

 

(2)  
In the event of an election to have Section 1302 apply to any Securities or any series of Securities, as the
case may be, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (x) the Company has received from,
or there has been published by, the Internal Revenue Service a ruling, or (y) since the date 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 shall confirm
that, the Holders of the Outstanding Securities of such series will not recognize 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, in the same
manner and at the same times as would have been the case if such deposit, defeasance and discharge had not occurred.

 

(3)  
In the event of an election to have Section 1303 apply to any Securities or any series of Securities, as the
case may be, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of the Outstanding
Securities of such series will not recognize 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, in the same manner and at the same times as would have
been the case if such deposit and covenant defeasance had not occurred.

 

(4)  
The Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, together stating that
all conditions precedent provided for relating to either the legal defeasance under Section 1302 or the covenant
defeasance under Section 1303 (as the case may be) have been complied with.

 

(5)  
Such legal defeasance or covenant defeasance shall not result in the trust arising from such deposit constituting an investment
company as defined in the Investment Company Act, or such trust shall be qualified under such act or exempt from regulation thereunder.

 

     58

     

    

 

Section
1305.      Deposited Money and Government
Obligations to be Held in Trust; Other Miscellaneous Provisions.  

 

Subject
to the provisions of the last paragraph of Section 1003, all money and Government Obligations (including the
proceeds thereof) deposited with the Trustee (or other qualifying trustee (solely for purposes of this Section and Section 1306,
the Trustee and any such other trustee are referred to collectively, for purposes of this Section 1305, as
the “Trustee”) pursuant to Section 1304 in respect of the Securities of such series
shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities of such series 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 Holders of the Securities of such series, of all sums due and to become due thereon in respect
of principal (and premium, if any) and interest, but such money need not be segregated from other funds except to the extent required
by law.

 

The
Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Government
Obligations deposited pursuant to Section 1304 or the principal and interest received in respect thereof other
than any such tax, fee or other charge which by law is for the account of the Holders of the Outstanding Securities.

 

Anything
in this Article Thirteen to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon
Company Request any money or Government Obligations held by it as provided in Section 1304 which, in the opinion
of a nationally recognized firm of independent public accountants (or a nationally recognized investment banking firm or the principal
financial officer of the Company, as appropriate) expressed in a written certification thereof delivered to the Trustee, are in
excess of the amount thereof which would then be required to be deposited to effect an equivalent legal defeasance or covenant
defeasance.

 

Section
1306.      Reinstatement.  

 

If
the Trustee or the Paying Agent is unable to apply any money in accordance with Section 1302 or 1303 by reason
of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application,
then the Company’s obligations under this Indenture and the Securities of such series shall be revived and reinstated as
though no deposit had occurred pursuant to this Article Thirteen until such time as the Trustee or Paying Agent
is permitted to apply all such money in accordance with Section 1302 or 1303; provided, however,
that if the Company makes any payment of principal of (and premium, if any) or interest on any Security following the reinstatement
of its obligations, the Company shall be subrogated to the rights of the Holders of the Securities of such series to receive such
payment from the money held by the Trustee or the Paying Agent.

 

     59

     

    

 

Section
1307.      Deposited Money and Government
Obligations to be Held in Trust.  

 

Subject
to the provisions of the last paragraph of Section 1003, all money and Government Obligations (or other property
as may be provided pursuant to Section 301) (including the proceeds thereof) deposited with the Trustee pursuant
to Section 1304 in respect of any Securities of any series shall be held in trust and applied by the Trustee,
in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any Paying
Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities of
all sums due and to become due thereon in respect of principal, premium, if any, and interest, if any, but such money need not
be segregated from other funds except as provided herein and except to the extent required by law.

 

ARTICLE
Fourteen

MEETING OF HOLDERS OF SECURITIES

 

Section
1401.      Purposes for which Meetings
may be Called.  

 

A
meeting of Holders of Securities of any or all series of Securities may be called at any time and from time to time pursuant to
this Article to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided
by this Indenture to be made, given or taken by Holders of Securities of such series.

 

Section
1402.      Call, Notice and Place of
Meetings.  

 

(a)          
The Trustee may at any time call a physical or telephonic meeting of Holders of Securities of any series for any purposes specified
in Section 1401, to be held at any such time and at such place. Notice of every meeting of Holders of Securities
of any series, setting forth the time and the place of such meeting and in general terms the action proposed to be taken at such
meeting, shall be given, in the manner provided in Section 106, not less than 21 nor more than 180 days prior
to the date fixed for the meeting.

 

(b)         
In case at any time the Company, pursuant to a Board Resolution, or the Holders of at least 10% in principal amount of the Outstanding
Securities of any series shall have requested the Trustee to call a physical or telephonic meeting of the Holders of Securities
of such series for any purpose specified in Section 1401 and have provided sufficient funds to cover the costs
for the delivery of notice of such meeting, by written request setting forth in reasonable detail the action proposed to be taken
at the meeting, and the Trustee shall not have made the first publication of the notice of such meeting within 21 days after receipt
of such request or shall not thereafter proceed to cause the meeting to be held as provided herein, then the Company or the Holders
of Securities of such series in the amount above specified, as the case may be, may determine the time and the place for such
meeting and may call such meeting for such purposes by giving notice thereof as provided in subsection (a) of this Section.

 

     60

     

    

 

Section
1403.      Persons Entitled to Vote
at Meetings.  

 

Upon
the calling of a meeting of Holders with respect to the Securities of a series all or part of which are represented by a Security,
a record date shall be established for determining Holders of Outstanding Securities of such series entitled to vote at such meeting,
which record date shall be the close of business on the day the notice of the meeting of Holders is given in accordance with Section 1402.
The Holders on such record date, and their designated proxies, and only such Persons, shall be entitled to vote at such meeting
of Holders. To be entitled to vote at any meeting of Holders, a Person shall (a) be a Holder of one or more Securities or (b)
be a Person appointed by an instrument in writing as proxy by a Holder of one or more Securities; provided, however, that
in the case of any meeting of Holders with respect to the Securities of a series all or part of which are represented by a Security,
only Holders, or their designated proxies, of record on the record date established pursuant to Section 1403
hereof shall be entitled to vote at such meeting. The only Persons who shall be entitled to be present or to speak at any meeting
of Holders shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and
its counsel and any representatives of the Company and its counsel.

 

Section
1404.      Quorum; Action.  

 

The
Persons entitled to vote a majority in principal amount of the Outstanding Securities of a series shall constitute a quorum for
a meeting of Holders of Securities of such series; provided, however, that if any action is to be taken at such meeting
with respect to a consent or waiver which this Indenture expressly provides may be given by the Holders of not less than 50% in
principal amount of the Outstanding Securities of a series, the Persons entitled to vote 50% in principal amount of the Outstanding
Securities of such series shall constitute a quorum. In the absence of a quorum within 30 minutes of the time appointed for any
such meeting, the meeting shall, if convened at the request of Holders of Securities of such series, be dissolved. In any other
case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to
the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, such adjourned meeting may be further
adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such
adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 1402(a),
except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to
be reconvened. Notice of the reconvening of an adjourned meeting shall state expressly the percentage, as provided above, of the
principal amount of the Outstanding Securities of such series which shall constitute a quorum.

 

Except
as limited by the proviso to the first paragraph of Section 902, any resolution presented to a meeting or adjourned
meeting duly reconvened at which a quorum is present as aforesaid may be adopted by the affirmative vote of the Holders of a majority
in principal amount of the Outstanding Securities of that series; provided, however, that, except as limited by the proviso
to the first paragraph of Section 902, any resolution with respect to any consent or waiver which this Indenture
expressly provides may be given by the Holders of not less than 50% in principal amount of the Outstanding Securities of a series
may be adopted at a meeting or an adjourned meeting duly convened and at which a quorum is present as aforesaid only by the affirmative
vote of the Holders of 50% in principal amount of the Outstanding Securities of that series; and provided, further,
that, except as limited by the proviso to the first paragraph of Section 902, any resolution with respect to
any request, demand, authorization, direction, notice, consent, waiver or other action which this Indenture expressly provides
may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of the
Outstanding Securities of a series may be adopted at a meeting or any adjourned meeting duly reconvened and at which a quorum
is present as aforesaid by the affirmative vote of the Holders of such specified percentage in principal amount of the Outstanding
Securities of that series.

 

     61

     

    

 

Any
resolution passed or decision taken at any meeting of Holders of Securities of any series duly held in accordance with this Section
shall be binding on all the Holders of Securities of such series and the related coupons, whether or not present or represented
at the meeting.

 

Section
1405.      Determination of Voting Rights;
Conduct and Adjournment of Meetings.  

 

(a)          
Notwithstanding any other provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem advisable
for any meeting of Holders of Securities of a series in regard to proof of the holding of Securities of such series and of the
appointment of proxies and in regard to the appointment and duties of inspectors of votes, the submission and examination of proxies,
certificates and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as is shall
deem appropriate. Except as otherwise permitted or required by any such regulations, the holding of Securities shall be proved
in the manner specified in Section 104 and the appointment of any proxy shall be proved in the manner specified
in Section 104 or by having the signature of the person executing the proxy witnessed or guaranteed by any
trust company, bank or banker authorized by Section 104. Such regulations may provide that written instruments
appointing proxies, regular on their face, may be presumed valid and genuine without the proof specified in Section 104
or other proof.

 

(b)         
The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been
called by the Company or by Holders of Securities as provided in Section 1402(b), in which case the Company
or the Holders of Securities of the series calling the meeting, as the case may be, shall in like manner appoint a temporary chairman.
A permanent chairman and a permanent secretary of the meeting shall be elected by vote of the Persons entitled to vote a majority
in principal amount of the Outstanding Securities of such series represented at the meeting.

 

(c)          
At any meeting each Holder of a Security of such series or proxy shall be entitled to one vote for each $1,000 principal amount
of the Outstanding Securities of such series held or represented by him; provided, however, that no vote shall be cast
or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to
be not Outstanding. The chairman of the meeting shall have no right to vote, except as a Holder of a Security of such series or
proxy.

 

     62

     

    

 

(d)         
Any meeting of Holders of Securities of any series duly called pursuant to Section 1402 at which a quorum is
present may be adjourned from time to time by Persons entitled to vote a majority in principal amount of the Outstanding Securities
of such series represented at the meeting; and the meeting may be held as so adjourned without further notice.

 

Section
1406.      Counting Votes and Recording
Action of Meetings.  

 

The
vote upon any resolution submitted to any meeting of Holders of Securities of any series shall be by written ballots on which
shall be subscribed the signatures of the Holders of Securities of such series or of their representatives by proxy and the principal
amounts and serial numbers of the Outstanding Securities of such series held or represented by them. The permanent chairman of
the meeting shall appoint two inspectors of votes who shall count all votes cast at the meeting for or against any resolution
and who shall make and file with the secretary of the meeting their verified written reports in duplicate of all votes cast at
the meeting. A record, at least in duplicate, of the proceedings of each meeting of Holders of Securities of any series shall
be prepared by the secretary of the meeting and there shall be attached to said record the original reports of the inspectors
of votes on any vote by ballot taken thereat and affidavits by one or more persons having knowledge of the facts setting forth
a copy of the notice of the meeting and showing that said notice was given as provided in Section 1402 and,
if applicable, Section 1404. Each copy shall be signed and verified by the affidavits of the permanent chairman
and secretary of the meeting and one such copy shall be delivered to the Company, and another to the Trustee to be preserved by
the Trustee, the latter to have attached thereto the ballots voted at the meeting. Any record so signed and verified shall be
conclusive evidence of the matters therein stated.

 

This
instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all
such counterparts shall together constitute but one and the same instrument.

 

     63

     

    

 

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

	 	 	 	 	 
	 	CAMBER ENERGY, INC.
	 	 	 	 	 
	 	By: 	 	 	 
	 	Name: 	 
	 	Title: 	 	 

	 	 	 	 	 
	 	WELLS
FARGO BANK, NATIONAL ASSOCIATION, Trustee
	 	 	 	 	 
	 	By: 	 	 	 
	 	Name: 	 
	 	Title: 	 	 

 

     64Camber Energy, Inc. - S-3

Exhibit 4.29

 

CAMBER
ENERGY, INC.

 

and

 

 WELLS FARGO BANK, National
ASSOCIATION

 

Trustee

 

INDENTURE

 

Dated as of

 

 

 

DEBT SECURITIES

 (Subordinated
Debt)

 

     

     

    

 

Camber Energy, Inc.

 

Reconciliation and tie between Trust Indenture
Act of 1939

and Indenture dated as of _________________

 

 

 

	Section of Trust	Section(s) of
	Indenture Act of 1939	of Indenture
	 	 	 
	§ 310	(a)(1)	609
	 	(a)(2)	609
	 	(a)(3)	Not Applicable
	 	(a)(4)	Not Applicable
	 	(b)	608, 610
	§ 311	(a)	613
	 	(b)	613
	 	(c)	Not Applicable
	§ 312	(a)	701, 702
	 	(b)	702
	 	(c)	702
	§ 313	(a)	703
	 	(b)	703
	 	(c)	703
	 	(d)	703
	§ 314	(a)	704, 105
	 	(b)	Not Applicable
	 	(c)(1)	102
	 	(c)(2)	102
	 	(c)(3)	Not Applicable
	 	(d)	Not Applicable
	 	(e)	102
	§ 315	(a)	601
	 	(b)	602
	 	(c)	601
	 	(d)	601
	 	(d)(1)	603
	 	(d)(2)	603
	 	(d)(3)	601
	 	(e)	514
	§ 316	(a)(1)(A)	512
	 	(a)(1)(B)	513
	 	(a)(2)	Not Applicable
	 	(a)(last sentence)	101
	 	(b)	508
	§ 317	(a)(1)	503
	 	(a)(2)	504
	 	(b)	1003
	§ 318	(a)	107

 

 

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

 

    1 

     

    

 

	TABLE OF CONTENTS
	 
	 	 	 	Page
	 	 	 	 
	ARTICLE ONE DEFINITIONS	1
	Section 101.	 	Definitions	1
	Section 102.	 	Compliance Certificates and Opinions	8
	Section 103.	 	Form of Documents Delivered to Trustee	8
	Section 104.	 	Acts of Holders; Record Dates	9
	Section 105.	 	Notices, Etc., to Trustee and Company	11
	Section 106.	 	Notice to Holders; Waiver	11
	Section 107.	 	Conflict with Trust Indenture Act	12
	Section 108.	 	Effect of Headings and Table of Contents	12
	Section 109.	 	Successors and Assigns	12
	Section 110.	 	Separability Clause	12
	Section 111.	 	Benefits of Indenture	12
	Section 112.	 	Governing Law	12
	Section 113.	 	Legal Holidays	13
	Section 114.	 	Language of Notices, Etc.	13
	Section 115.	 	Submission to Jurisdiction	13
	Section 116.	 	Corporate Obligation	13
	 	 	 	 
	ARTICLE TWO SECURITY FORMS	14
	Section 201.	 	Forms Generally	14
	Section 202.	 	Form of Legend for Global Securities	14
	Section 203.	 	Form of Trustee’s Certificate of Authentication	14
	Section 204.	 	Securities in Global Form	15
	 	 	 	 
	ARTICLE THREE THE SECURITIES	16
	Section 301.	 	Amount Unlimited; Issuable In Series	16
	Section 302.	 	Denominations	19
	Section 303.	 	Execution, Authentication, Delivery and Dating	19
	Section 304.	 	Temporary Securities	21
	Section 305.	 	Registration, Registration of Transfer and Exchange	22
	Section 306.	 	Mutilated, Destroyed, Lost and Stolen Securities	23
	Section 307.	 	Payment of Interest; Interest Rights Preserved	24
	Section 308.	 	Persons Deemed Owners	25
	Section 309.	 	Cancellation	25
	Section 310.	 	Computation of Interest	25
	Section 311.	 	CUSIP Numbers	25
	 	 	 	 
	ARTICLE FOUR SATISFACTION AND DISCHARGE	26
	Section 401.	 	Satisfaction and Discharge of Indenture	26
	Section 402.	 	Application of Trust Money	27
	 	 	 	 
	ARTICLE FIVE REMEDIES	27
	Section 501.	 	Events of Default	27

 

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	 	 	 	Page
	 	 	 	 
	Section 502.	 	Acceleration of Maturity; Rescission and Annulment	28
	Section 503.	 	Collection of Indebtedness and Suits for Enforcement
    by Trustee	28
	Section 504.	 	Trustee May File Proofs of Claim	30
	Section 505.	 	Trustee May Enforce Claims Without Possession
    of Securities	31
	Section 506.	 	Application of Money Collected	31
	Section 507.	 	Limitation on Suits	31
	Section 508.	 	Unconditional Right of Holders to Receive Principal,
    Premium and Interest	32
	Section 509.	 	Restoration of Rights and Remedies	32
	Section 510.	 	Rights and Remedies Cumulative	32
	Section 511.	 	Delay or Omission Not Waiver	32
	Section 512.	 	Control by Holders	33
	Section 513.	 	Waiver of Past Defaults	33
	Section 514.	 	Undertaking for Costs	33
	Section 515.	 	Waiver of Stay or Extension Laws	33
	 	 	 	 
	ARTICLE SIX THE TRUSTEE	34
	Section 601.	 	Certain Duties and Responsibilities	34
	Section 602.	 	Notice of Defaults	35
	Section 603.	 	Certain Rights of Trustee	35
	Section 604.	 	Not Responsible for Recitals or Issuance of
    Securities	37
	Section 605.	 	May Hold Securities	38
	Section 606.	 	Money Held in Trust	38
	Section 607.	 	Compensation and Reimbursement	38
	Section 608.	 	Conflicting Interests	39
	Section 609.	 	Corporate Trustee Required; Eligibility	39
	Section 610.	 	Resignation and Removal; Appointment of Successor	39
	Section 611.	 	Acceptance of Appointment by Successor	41
	Section 612.	 	Merger, Conversion, Consolidation or Succession
    to Business	42
	Section 613.	 	Preferential Collection of Claims Against Company	42
	Section 614.	 	Appointment of Authenticating Agent	42
	 	 	 	 
	ARTICLE SEVEN HOLDERS’ LISTS
    AND REPORTS BY TRUSTEE AND COMPANY 	44
	Section 701.	 	Company to Furnish Trustee Names and Addresses
    of Holders	44
	Section 702.	 	Preservation of Information; Communications
    to Holders	44
	Section 703.	 	Reports by Trustee	45
	Section 704.	 	Reports by Company	45
	 	 	 	 
	ARTICLE EIGHT CONSOLIDATION, MERGER,
    CONVEYANCE, TRANSFER OR LEASE	46
	Section 801.	 	Company May Consolidate, Etc., Only on Certain
    Terms	46
	Section 802.	 	Successor Substituted	47
	 	 	 	 
	ARTICLE NINE SUPPLEMENTAL INDENTURES	47
	Section 901.	 	Supplemental Indentures Without Consent of Holders	47
	Section 902.	 	Supplemental Indentures With Consent of Holders	48

 

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	 	 	 	Page
	 	 	 	 
	Section 903.	 	Execution of Supplemental Indentures	48
	Section 904.	 	Effect of Supplemental Indentures	48
	Section 905.	 	Conformity with Trust Indenture Act	48
	Section 906.	 	Reference in Securities to Supplemental Indentures	48
	 	 	 	 
	ARTICLE TEN COVENANTS	50
	Section 1001.	 	Payment of Principal, Premium and Interest	50
	Section 1002.	 	Maintenance of Office or Agency	50
	Section 1003.	 	Money for Securities Payments to be Held in
    Trust	50
	Section 1004.	 	Statement by Officers as to Default	51
	Section 1005.	 	Existence	52
	Section 1006.	 	Waiver of Certain Covenants	52
	Section 1007.	 	Additional Amounts	52
	 	 	 	 
	ARTICLE ELEVEN REDEMPTION OF SECURITIES	53
	Section 1101.	 	Applicability of Article	53
	Section 1102.	 	Election to Redeem; Notice to Trustee	53
	Section 1103.	 	Selection by Trustee of Securities to be Redeemed	53
	Section 1104.	 	Notice of Redemption	54
	Section 1105.	 	Deposit of Redemption Price	55
	Section 1106.	 	Securities Payable on Redemption Date	55
	Section 1107.	 	Securities Redeemed in Part	56
	Section 1108.	 	Purchase of Securities	56
	 	 	 	 
	ARTICLE TWELVE SINKING FUNDS	56
	Section 1201.	 	Applicability of Article	56
	Section 1202.	 	Satisfaction of Sinking Fund Payments with Securities	56
	Section 1203.	 	Redemption of Securities for Sinking Fund	57
	 	 	 	 
	ARTICLE THIRTEEN LEGAL DEFEASANCE
    AND COVENANT DEFEASANCE	57
	Section 1301.	 	Company’s Option to Effect Legal Defeasance
    or Covenant Defeasance	57
	Section 1302.	 	Legal Defeasance and Discharge	57
	Section 1303.	 	Covenant Defeasance	58
	Section 1304.	 	Conditions to Legal Defeasance or Covenant Defeasance	58
	Section 1305.	 	Deposited Money and Government Obligations to
    be Held in Trust;Other Miscellaneous Provisions	60
	Section 1306.	 	Reinstatement	60
	Section 1307.	 	Deposited Money and Government Obligations to
    be Held in Trust	60
	 	 	 	 
	ARTICLE FOURTEEN SUBORDINATION OF
    SECURITIES	61
	Section 1401.	 	Securities Subordinate to Senior Debt	61
	Section 1402.	 	Payment Over of Proceeds Upon Dissolution, Etc.	61
	Section 1403.	 	Default on Senior Debt	62
	Section 1404.	 	Acceleration of Securities	62
	Section 1405.	 	Payments to be held in Trust	62
	Section 1406.	 	Subrogation to Rights of Holders of Senior Debt	62

 

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	 	 	 	Page
	 	 	 	 
	Section 1407.	 	Provisions Solely to Define Relative Rights	63
	Section 1408.	 	Trustee to Effectuate Subordination	63
	Section 1409.	 	No Waiver of Subordination Provisions	63
	Section 1410.	 	Notice to Trustee	64
	Section 1411.	 	Reliance On Judicial Order or Certificate of Liquidating Agent	65
	Section 1412.	 	Trustee Not Fiduciary for Holders of Senior Debt	65
	Section 1413.	 	Rights of Trustee As Holder of Senior Debt; Preservation of Trustee’s Rights	65
	Section 1414.	 	Article Applicable to Paying Agents	65
	Section 1415.	 	Certain Conversions or Exchanges Deemed Payment	66
	Section 1416.	 	Defeasance of This Article Fourteen	66
	 	 	 	 
	ARTICLE FIFTEEN MEETING OF HOLDERS OF SECURITIES	66
	Section 1501.	 	Purposes for which Meetings may be Called	66
	Section 1502.	 	Call, Notice and Place of Meetings	66
	Section 1503.	 	Persons Entitled to Vote at Meetings	67
	Section 1504.	 	Quorum; Action	67
	Section 1505.	 	Determination of Voting Rights; Conduct and Adjournment of Meetings	68
	Section 1506.	 	Counting Votes and Recording Action of Meetings	68

 

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INDENTURE, dated as of __________,
200__ between Camber Energy, Inc., a corporation duly organized and existing under the laws of the State of Nevada (herein called
the “Company”), having its principal office at 450 Gears Road, Suite 860, Houston, Texas 77067 and Wells
Fargo Bank, National Association, a national banking association organized under the laws of the United States, as Trustee (herein
called the “Trustee”).

 

RECITALS OF THE COMPANY

 

The Company has duly authorized
the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured, subordinated debentures,
notes or other evidences of indebtedness (herein called the “Securities”), which may be convertible into
or exchangeable for any securities of any Persons (including the Company), to be issued in one or more series as in this Indenture
provided.

 

All things necessary to make
this Indenture a valid and legally binding agreement of the Company, in accordance with its terms, have been done.

 

NOW, THEREFORE, THIS INDENTURE
WITNESSETH:

 

For and in consideration of the
premises and the purchase of the Securities by the Holders thereof, it is mutually agreed, for the equal and proportionate benefit
of all Holders of the Securities or of series thereof, as follows:

 

Article
One

DEFINITIONS

 

Section
101.         Definitions.

 

For all purposes of this Indenture,
except as otherwise expressly provided or unless the context otherwise requires:

 

(1)  the
terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular;

 

(2)  all
other terms used herein which are defined in the Trust Indenture Act, either directly or by reference therein, have the meanings
assigned to them therein;

 

(3)  all
accounting terms not otherwise defined herein have the meanings assigned to them in accordance with United States generally accepted
accounting principles; the term “generally accepted accounting principles” with respect to any computation
required or permitted hereunder shall mean such accounting principles as are generally accepted as consistently applied by the
Company at the date of such computation;

 

(4)  unless
the context otherwise requires, any reference to an “Article”, a “Section” or an “Exhibit”
refers to an Article, a Section or an Exhibit, as the case may be, of or to this Indenture; and

 

     1

     

    

 

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

 

Certain terms, used principally
in Article Six and Article Thirteen, are defined in those Articles.

 

“Act”,
when used with respect to any Holder, has the meaning specified in Section 104.

 

“Affiliate”
of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect
common control with such specified Person. For the purposes of this definition, “control” when used with respect to
any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

 

“Authenticating Agent”
means any Person authorized by the Trustee pursuant to Section 614 to act on behalf of the Trustee to authenticate
Securities of one or more series.

 

“Authorized Newspaper”
means a newspaper, in the English language or in an official language of the country of publication, customarily published on each
Business Day, whether or not published on Saturdays, Sundays or holidays, and of general circulation in each place in connection
with which the term is used or in the financial community of each such place. Where successive publications are required to be
made in Authorized Newspapers, the successive publications may be made in the same or in different newspapers in the same city
meeting the foregoing requirements and in each case on any Business Day.

 

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

 

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

 

“Business Day”,
when used with respect to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on
which banking institutions in that Place of Payment are authorized or obligated by law or executive order to close.

 

“Commission”
means the United States Securities and Exchange Commission, from time to time constituted, created under the Exchange Act, or,
if at any time after the execution of this instrument the United States Securities and Exchange Commission is not existing and
performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time.

 

     2

     

    

 

“Company”
means the Person named as the “Company” in the first paragraph of this Indenture until a successor Person
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company”
shall mean such successor Person.

 

“Company Request”
or “Company Order” means a written request or order signed in the name of the Company by its Chairman
of the Board, its Vice Chairman of the Board, its President or a Vice President, and by its Treasurer, an Assistant Treasurer,
its Secretary or an Assistant Secretary, and delivered to the Trustee.

 

“Corporate Trust
Office” means the principal office of the Trustee at which at any particular time its corporate trust business related
to this Indenture shall be administered which as of the date hereof is located at Wells Fargo Bank, National Association, 750 N.
Saint Paul Place, Suite 1750, Dallas, Texas 75201, or such other address as the Trustee may designate from time to time by notice
to the Company.

 

“corporation”
means a corporation, association, company, joint-stock company or business trust.

 

“covenant defeasance”
has the meaning specified in Section 1303.

 

“Defaulted Interest”
has the meaning specified in Section 307.

 

“Depositary”
means, with respect to Securities of any series issuable in whole or in part in the form of one or more Global Securities, a clearing
agency registered under the Exchange Act that is designated to act as Depositary for such Securities as contemplated by Section
301.

 

“Event of Default”
has the meaning specified in Section 501.

 

“Exchange Act”
means the United States Securities Exchange Act of 1934 and any statute successor thereto, in each case as amended from time to
time.

 

“Expiration Date”
has the meaning specified in Section 104.

 

“Global Security”
means a Security that evidences all or part of the Securities of any series and bears the legend set forth in Section 202
(or such legend as may be specified as contemplated by Section 301 for such Securities).

 

“Government Obligation”
has the meaning specified in Section 1304.

 

“Holder”
means the Person in whose name the Security is registered in the Security Register.

 

“Indenture”
means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures
supplemental hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this instrument and
any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument
and any such supplemental indenture, respectively. The term “Indenture” shall also include the terms
of particular series of Securities established as contemplated by Section 301.

 

     3

     

    

 

“interest”,
when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest
payable after Maturity.

 

“Interest Payment
Date”, when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

 

“Investment Company
Act” means the United States Investment Company Act of 1940 and any statute successor thereto, in each case as amended
from time to time.

 

“Junior Securities”
has the meaning specified in Section 1415.

 

“legal defeasance”
has the meaning specified in Section 1302.

 

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

 

“Notice of Default”
means a written notice of the kind specified in Section 501(4).

 

“Officers’
Certificate” means a certificate signed by the Chairman of the Board, a Vice Chairman of the Board, the President
or an executive Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, of the Company,
and delivered to the Trustee. One of the officers signing an Officers’ Certificate given pursuant to Section 1004
shall be the principal executive, financial or accounting officer of the Company.

 

“Opinion of Counsel”
means a written opinion from legal counsel who is reasonably acceptable to the Trustee, who may be counsel for or an employee of
the Company.

 

“Original Issue Discount
Security” means any Security which provides for an amount less than the principal amount thereof to be due and payable
upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

 

“Outstanding”,
when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered
under this Indenture, except:

 

(1)  Securities
theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

 

(2)  Securities
for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any Paying Agent
(other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own Paying
Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice of such redemption
has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made;

 

     4

     

    

 

(3)  Securities
as to which legal defeasance has been effected pursuant to Section 1302; and

 

(4)  Securities
that have been paid pursuant to Section 1001 or in exchange for or in lieu of which other Securities have been authenticated
and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to
the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser in whose hands such Securities are
valid obligations of the Company; provided, however, that in determining whether the Holders of the requisite principal
amount of the Outstanding Securities have given, made or taken any request, demand, authorization, direction, notice, consent,
waiver, or other action hereunder as of any date or whether a quorum is present at a meeting of Holders of Securities, (A) the
principal amount of an Original Issue Discount Security which shall be deemed to be Outstanding shall be the amount of the principal
thereof that would be due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section
502, (B) if, as of such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the
principal amount of such Security that shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated
by Section 301, (C) the principal amount of a Security denominated in one or more foreign currencies or currency
units which shall be deemed to be Outstanding shall be the U.S. dollar equivalent, determined as of such date in the manner provided
as contemplated by Section 301, of the principal amount of such Security (or, in the case of a Security described
in clause (A) or (B) above, of the amount determined as provided in such clause), and (D) Securities owned by the Company or any
other obligor upon the Securities or any Affiliate of the Company or of such other obligor shall be disregarded and deemed not
to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand,
authorization, direction, notice, consent, waiver, or other action, or upon any such determination as to the presence of a quorum,
only Securities that a Responsible Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so
owned that have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the
Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any other
obligor upon the Securities or any Affiliate of the Company or of such other obligor.

 

“Paying Agent”
means any Person, which may include the Company, authorized by the Company to pay the principal of or any premium or interest on
any Securities on behalf of the Company.

 

“Person”
means any individual, corporation, partnership, limited liability company, joint venture, trust, unincorporated organization or
government or any agency or political subdivision thereof.

 

“Place of Payment”,
when used with respect to the Securities of any series, means the place or places specified in accordance with Section 301
where the principal of and any premium and interest on the Securities of that series are payable.

 

     5

     

    

 

“Predecessor Security”
of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such
particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 306
in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the
mutilated, destroyed, lost or stolen Security.

 

“Redemption Date”,
when used with respect to any Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture.

 

“Redemption Price”,
when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

 

“Regular Record Date”
for the interest payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose
as contemplated by Section 301.

 

“Responsible Officer”,
when used with respect to the Trustee, means any vice president, any assistant treasurer, any trust officer or assistant trust
officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated
officers and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred
because of his or her knowledge of and familiarity with the particular subject and who shall have direct responsibility for the
administration of this Indenture.

 

“Securities”
has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered
under this Indenture provided, however, that if at any time there is more than one Person acting as Trustee under this Indenture,
“Securities” with respect to the Indenture as to which such Person is Trustee shall have the meaning stated in the
first recital of this Indenture and shall more particularly mean Securities authenticated and delivered under this Indenture, exclusive,
however, of Securities of any series as to which such Person is not Trustee.

 

“Securities Act”
means the United States Securities Act of 1933 and any statute successor thereto, in each case as amended from time to time.

 

“Security Register”
and “Security Registrar” have the respective meanings specified in Section 305.

 

     6

     

    

 

“Senior Debt”
means all amounts due on obligations in connection with any of the following, whether outstanding at the date of execution of this
Indenture or thereafter incurred or created: (i) the principal of (and premium, if any) and interest due on the Company’s
indebtedness for borrowed money and indebtedness evidenced by securities, debentures, bonds or other similar instruments issued
by the Company (including all mandatory obligations under repurchase agreements for the payment of the repurchase price for the
securities purchased pursuant thereto); (ii) any of the Company’s obligations as lessee under leases required to be capitalized
on the balance sheet of the lessee under generally accepted accounting principles; (iii) all of the Company’s obligations
for the reimbursement on any letter of credit, banker’s acceptance, security purchase facility or similar credit transaction;
(iv) all of the Company’s obligations in respect of interest rate swap, cap or other agreements, interest rate future or
options contracts, currency swap agreements, currency future or option contracts and other similar agreements; (v) all obligations
of the types referred to above of other Persons for the payment of which the Company is responsible or liable as obligor, guarantor
or otherwise; and (vi) all obligations of the types referred to above of other Persons secured by any lien on any property or asset
of the Company (whether or not such obligation is assumed by the Company); provided however, that the following will not
constitute Senior Debt: (a) any indebtedness which expressly provides (i) that such indebtedness shall not be senior in right of
payment to the Securities, or (ii) that such indebtedness shall be subordinated to any other indebtedness of the Company, unless
such indebtedness expressly provides that such indebtedness shall be senior in right of payment to the Securities; (b) any indebtedness
of the Company in respect of the Securities; (c) any indebtedness or liability for compensation to employees, for goods or materials
purchased in the ordinary course of business or for services; (d) any indebtedness of the Company to any Subsidiary; and (e) any
liability for federal, state, local or other taxes owed or owing by the Company.

 

“Special Record Date”
for the payment of any Defaulted Interest means a date fixed by the Company pursuant to Section 307.

 

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

 

“Subsidiary”
means a corporation, limited liability company, limited partnership, or other entity more than 50% of the outstanding voting stock
of which is owned, directly or indirectly, by the Company or by one or more other Subsidiaries, or by the Company and one or more
other Subsidiaries. For the purposes of this definition, “voting stock” means the equity interest that
ordinarily has voting power for the election of directors, managers, trustees, or general partners of an entity, or persons performing
similar functions, whether at all times or only so long as no senior class of equity interest has such voting power by reason of
any contingency.

 

“Trust Indenture
Act” means the United States Trust Indenture Act of 1939 as in force at the date as of which this instrument was
executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “Trust
Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended.

 

“Trustee”
means the Person named as the “Trustee” in the first paragraph of this Indenture 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.

 

     7

     

    

 

“United States Alien”
means any Person who, for United States Federal income tax purposes, is a foreign corporation, a non-resident alien individual,
a non-resident alien fiduciary of a foreign estate or trust, or a foreign partnership one or more of the members of which is, for
United States Federal income tax purposes, a foreign corporation, a non-resident alien individual or a non-resident alien fiduciary
of a foreign estate or trust.

 

“Vice President”,
when used with respect to the Company or the Trustee, means any vice president, whether or not designated by a number or a word
or words added before or after the title “vice president”.

 

Section
102.         Compliance Certificates and Opinions.

 

Upon any application or request
by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee
such certificates and opinions stating that all conditions precedent, if any, provided for in this Indenture relating to the proposed
action have been complied with. Each such certificate or opinion shall be given in the form of an Officers’ Certificate,
if to be given by an officer of the Company, or an Opinion of Counsel, if to be given by counsel, and shall comply with the requirements
of the Trust Indenture Act and any other requirements set forth in this Indenture.

 

Every certificate or opinion
with respect to compliance with a condition or covenant provided for in this Indenture (except for certificates provided for in
Section 1004) shall include,

 

(1)  a
statement that each individual signing such certificate or opinion has read such covenant or condition and the definitions herein
relating thereto;

 

(2)  a
brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained
in such certificate or opinion are based;

 

(3)  a
statement that, in the opinion of each such individual, he has made such examination or investigation as is necessary to enable
him to express an informed opinion as to whether or not such covenant or condition has been complied with; and

 

(4)  a
statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with.

 

Section
103.         Form of Documents Delivered to Trustee.

 

In any case where several matters
are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be
certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document,
but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other
matters, and any such Person may certify or give an opinion as to such matters in one or several documents.

 

     8

     

    

 

Any certificate or opinion of
an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations
by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations
with respect to the matters upon which his certificate or opinion is based are erroneous. Any such certificate or opinion of counsel
may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or
officers of the Company stating that the information with respect to such factual matters is in the possession of the Company,
unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations
with respect to such matters are erroneous.

 

Where any Person is required
to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments
under this Indenture, they may, but need not, be consolidated and form one instrument.

 

Section
104.         Acts of Holders; Record Dates.

 

Any request, demand, authorization,
direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders
may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or
by agent duly appointed in writing. Except as herein otherwise expressly provided, such action shall become effective when
such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument
or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “Act”
of the Holders signing such instrument or instruments, and shall be sufficient for any purpose of this Indenture and (subject to
Section 601) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section.

 

The fact and date of the execution
by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate
of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing
such instrument or writing acknowledged to him the execution thereof. Where such execution is by a signer acting in a capacity
other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. The
fact and date of the execution of any such instrument or writing, or the authority of the Person executing the same, may also be
proved in any other manner which the Trustee deems sufficient.

 

The principal amount and serial
numbers of Securities held by any Person, and the date of holding the same, shall be proved by the Security Register.

 

Any request, demand, authorization,
direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security
and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in
respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance thereon, whether or not notation
of such action is made upon such Security.

 

     9

     

    

 

The Company may set any day as
a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to give, make or take
any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture
to be given, made or taken by Holders of Securities of such series, provided, that the Company may not set a record date
for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request
or direction referred to in the next paragraph. If any record date is set pursuant to this paragraph, the Holders of Outstanding
Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action, whether
or not such Holders remain Holders after such record date; provided, that no such action shall be effective hereunder unless
taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such
series on such record date. Nothing in this paragraph shall be construed to prevent the Company from setting a new record date
for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date previously
set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be
construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the
relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Company,
at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to
be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Section
106.

 

The Trustee may set any day as
a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to join in the giving
or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 502, (iii) any
request to institute proceedings referred to in Section 507(2) or (iv) any direction referred to in Section
512, in each case with respect to Securities of such series. If any record date is set pursuant to this paragraph, the
Holders of Outstanding Securities of such series on such record date, and no other Holders, shall be entitled to join in such notice,
declaration, request or direction, whether or not such Holders remain Holders after such record date; provided, that no
such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite
principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to
prevent the Trustee from setting a new record date for any action for which a record date has previously been set pursuant to this
paragraph (whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no
effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal
amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly after any record date is set
pursuant to this paragraph, the Trustee, at the Company’s expense, shall cause notice of such record date, the proposed action
by Holders and the applicable Expiration Date to be given to the Company in writing and to each Holder of Securities of the relevant
series in the manner set forth in Section 106.

 

With respect to any record date
set pursuant to this Section, the party hereto that sets such record date may designate any day as the “Expiration
Date” and from time to time may change the Expiration Date to any earlier or later day; provided that no such
change shall be effective unless notice of the proposed new Expiration Date is given to the other party hereto in writing, and
to each Holder of Securities of the relevant series in the manner set forth in Section 106, on or prior to the existing
Expiration Date. If an Expiration Date is not designated with respect to any record date set pursuant to this Section, the party
hereto that set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration
Date with respect thereto, subject to its right to change the Expiration Date as provided in this paragraph.

 

     10

     

    

 

Without limiting the foregoing,
a Holder entitled hereunder to take any action hereunder with regard to any particular Security may do so with regard to all or
any part of the principal amount of such Security or by one or more duly appointed agents each of which may do so pursuant to such
appointment with regard to all or any part of such principal amount.

 

Section
105.        Notices, Etc., to Trustee and Company.

 

Any request, demand, authorization,
direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon,
given or furnished to, or filed with,

 

(1)     the
Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if made, given, furnished or filed in writing
(which may be via facsimile) to or with the Trustee at its Corporate Trust Office, Attention: Corporate Trust Administration; or

 

(2)     the
Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided)
if in writing and mailed, first-class postage prepaid, to the Company addressed to it at the address of its principal office specified
in the first paragraph of this instrument, Attention: Chief Financial Officer, or at any other address previously furnished in
writing to the Trustee by the Company.

 

Section
106.        Notice to Holders; Waiver.

 

Except as otherwise expressly
provided herein, where this Indenture provides for notice of any event to Holders of Securities, such notice shall be sufficiently
given to Holders of Securities if in writing and mailed, first-class postage prepaid, to each Holder of a Security affected by
such event, at the address of such Holder as it appears in the Security Register, not later than the latest date (if any), and
not earlier than the earliest date (if any), prescribed for the giving of such notice.

 

In case by reason of the suspension
of regular mail service or by reason of any other cause it shall be impracticable to give such notice to Holders of Securities
by mail, then such notification as shall be made in a manner directed by the Company or as provided in a supplemental indenture
hereto shall constitute a sufficient notification for every purpose hereunder. In any case where notice to Holders of Securities
is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder of
a Security shall affect the sufficiency of such notice with respect to other Holders.

 

Where this Indenture provides
for notice of any event (including any notice of redemption) to any Holder of a Global Security (whether by mail or otherwise),
such notice shall be sufficiently given if given to the Depositary for such Security (or its designee), according to the applicable
procedures of the Depositary, if any, prescribed for the giving of such notice.

 

Where this Indenture provides
for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice either before or after
the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders of Securities shall be filed with
the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver.

 

     11

     

    

 

Section
107.         Conflict with Trust Indenture Act.

 

This Indenture shall incorporate
and be governed by the provisions of the Trust Indenture Act that are required to be part of and to govern indentures qualified
under the Trust Indenture Act. If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act
that is required under such Act to be a part of and govern this Indenture, the latter provision shall control. If any provision
of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the former
provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be.

 

Section
108.         Effect of Headings and Table of Contents.

 

The Article and Section headings
herein and the Table of Contents are for convenience only and shall not affect the construction hereof.

 

Section
109.        Successors and Assigns.

 

All covenants and agreements
in this Indenture by the Company shall bind its successors and assigns, whether so expressed or not.

 

Section
110.        Separability Clause.

 

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
111.        Benefits of Indenture.

 

Nothing in this Indenture or
in the Securities, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder,
the holders of Senior Debt and the Holders of Securities, any benefit or any legal or equitable right, remedy or claim under this
Indenture.

 

Section
112.        Governing Law; Waiver of Jury Trial.

 

This Indenture and the Securities
shall be governed by and construed in accordance with the law of the State of New York. THE COMPANY, THE TRUSTEE, AND EACH HOLDER
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

     12

     

    

 

Section
113.        Legal Holidays.

 

In any case where any Interest
Payment Date, Redemption Date or Stated Maturity of any Security shall not be a Business Day at any Place of Payment, then (notwithstanding
any other provision of this Indenture or of the Securities (other than a provision of any Security which specifically states that
such provision shall apply in lieu of this Section)) payment of interest or principal (and premium, if any) need not be made at
such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same
force and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity; provided, however, that
no interest will accrue for the period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case
may be, to such Business Day if such payment is made on such Business Day.

 

Section
114.         Language of Notices, Etc.

 

Any request, demand, authorization,
direction, notice, consent or waiver required or permitted under this Indenture shall be in the English language, except that any
published notice may be in an official language of the country of publication.

 

Section
115.        Submission to Jurisdiction.

 

The Company irrevocably submits
to the non-exclusive jurisdiction of any federal or state court in the City, County and State of New York, United States, and any
appellate court from any thereof, in any legal suit, action or proceeding based on or arising under the Securities or this Indenture
and agrees that all claims in respect of such suit or proceeding may be determined in any such court. The Company irrevocably waives
to the fullest extent permitted by law, any objection to any such suit, including actions, suits or proceedings relating to the
securities laws of the United States of America or any state thereof, in such courts whether on the grounds of venue, residence
or domicile or the defense of an inconvenient forum or objections to personal jurisdiction with respect to the maintenance of such
legal suit, action or proceeding. The Company agrees that the final judgment in any such suit, action or proceeding brought in
such court shall be conclusive and binding upon the Company and may be enforced in any court to the jurisdiction of which the Company
is subject by a suit upon such judgment.

 

Section
116.        Corporate Obligation.

 

No recourse may be taken, directly
or indirectly, against any incorporator, subscriber to the capital stock, stockholder, officer, director or employee of the Company
or the Trustee or of any predecessor or successor of the Company or the Trustee with respect to the Company’s obligations
on the Securities or the obligations of the Company or the Trustee under this Indenture or any certificate or other writing delivered
in connection herewith.

 

Section 117 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.

 

     13

     

    

 

Article
Two

SECURITY FORMS

 

Section
201.         Forms Generally.

 

The Securities of each series
shall be in substantially the form of forms as shall be established by or pursuant to a Board Resolution or in one or more indentures
supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required
or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements
placed thereon as may be required to comply with the rules of any securities exchange or Depositary therefor or as may, consistently
herewith, be determined by the officers executing such Securities as evidenced by their execution thereof. If the form of Securities
of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall
be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery
of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities (or any such
temporary global Security).

 

The definitive Securities shall
be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the
officers executing such Securities, as evidenced by their execution of such Securities.

 

Section
202.        Form of Legend for Global Securities.

 

Unless otherwise specified as
contemplated by Section 301 for the Securities evidenced thereby, every Global Security authenticated and delivered
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 a Depositary
or a nominee thereof. This Security may not be exchanged in whole or in part for a Security registered, and no transfer of this
Security in whole or in part may be registered, in the name of any Person other than such Depositary or a nominee thereof, except
in the limited circumstances described in the Indenture.

 

Section
203.         Form of Trustee’s Certificate of Authentication.

 

The Trustee’s certificates
of authentication shall be in substantially the following form:

 

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

  

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	 	Wells Fargo Bank, National Association,
	 	As Trustee
	 	 	 
	 	By:	 
	 		Authorized Signatory
	 	 	 
	Dated:	 	 “	 	 

  

 Section
204.        Securities in Global Form.

 

If Securities of or within a
series are issuable in global form, as specified as contemplated by Section 301, then any such Security shall represent
such of the Outstanding Securities of such series as shall be specified therein and may provide that it shall represent the aggregate
amount of Outstanding Securities from time to time endorsed thereon and that the aggregate amount of Outstanding Securities represented
thereby may from time to time be reduced to reflect exchanges. Any endorsement of a Security in global form to reflect the amount,
or any increase or decrease in the amount, of Outstanding Securities represented thereby shall be made by the Trustee in such manner
and upon instructions given by such Person or Persons as shall be specified therein or in the Company Order to be delivered to
the Trustee pursuant to Section 303 or Section 304. Subject to the provisions of Section 303
and, if applicable, Section 304, the Trustee shall deliver and redeliver any Security in permanent global form in
the manner and upon instructions given by the Person or Persons specified therein or in the applicable Company Order. If a Company
Order pursuant to Section 303 or Section 304 has been, or simultaneously is, delivered, any instructions
by the Company with respect to endorsement or delivery or redelivery of a Security in global form shall be in writing but need
not comply with Section 102 and need not be accompanied by an Opinion of Counsel.

 

The provisions of the last sentence
of Section 303 shall apply to any Security represented by a Security in global form if such Security was never issued
and sold by the Company and the Company delivers to the Trustee the Security in global form together with written instructions
(which need not comply with Section 102 and need not be accompanied by an Opinion of Counsel) with regard to the
reduction in the principal amount of Securities represented thereby, together with the written statement contemplated by the last
sentence of Section 303.

 

Notwithstanding the provisions
of Section 307, unless otherwise specified as contemplated by Section 301, payment of principal of
and any premium and interest on any Security in permanent global form shall be made to the Person or Persons specified therein.

 

     15

     

    

 

Article
Three

THE SECURITIES

 

Section
301.          Amount Unlimited; Issuable In Series.

 

The aggregate principal amount
of Securities which may be authenticated and delivered under this Indenture is unlimited.

 

The Securities may be issued
in one or more series. There shall be established in or pursuant to a Board Resolution and, subject to Section 303,
set forth, or determined in the manner provided, in an Officers’ Certificate, or established in one or more indentures supplemental
hereto, prior to the issuance of Securities of any series,

 

(1)  the
title of the Securities of the series, including CUSIP numbers, if applicable (which shall distinguish the Securities of the series
from Securities of any other series);

 

(2)  any
limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered under this Indenture
(except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities
of the series pursuant to Section 304, 305, 306, 906 or 1107 and except for any Securities which, pursuant
to Section 303, are deemed never to have been authenticated and delivered hereunder);

 

(3)  the
Trustees, Authenticating Agents, Paying Agents, Security Registrars or other agents with respect to the series;

 

(4)  the
Person to whom any interest on any Security of the series shall be payable, if other than the Person in whose name that Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, the
extent to which, or the manner in which, any interest payable on a temporary global Security on an Interest Payment Date will be
paid if other than in the manner provided in Section 304;

 

(5)  the
date or dates on which the principal of the Securities of the series is payable;

 

(6)  the
ability to issue additional Securities in the same series;

 

(7)  the
price or prices at which the Securities will be sold;

 

(8)  the
right, if any, to extend the interest payment periods and the duration of any such deferral period, including the maximum consecutive
period during which interest payment periods may be extended;

 

(9)  provisions,
if any, granting special rights to holders of the Securities upon the occurrence of specified events;

 

(10)  the
terms, if any, upon which Holders may convert or exchange (or upon which the Company may require Holders to convert or exchange)
the Securities of the series into or for the common stock, preferred stock or other securities or property of the Company or of
another Person (or upon which the Securities of the series shall automatically convert or be exchanged into or for such other securities
or property).

 

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(11)  the
specific subordination provisions applicable to the Securities, if other than as set forth in Article Fourteen herein;

 

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

 

(13)  in
the case of Original Issue Discount Securities, the rate of accretion of principal, which may be fixed or variable, or the method
of determining such rate, and the date or dates from which principal will accrete or the method by which such date or dates will
be determined;

 

(14)  the
place or places where, subject to the provisions of Section 1002, the principal of and any premium, if any, and interest,
if any, on Securities of the series shall be payable, where any Securities of the series may be surrendered for registration of
transfer, where Securities of the series may be surrendered for exchange, where Securities of the series that are convertible or
exchangeable may be surrendered for conversion or exchange, as applicable, and notices and demands to or upon the Company in respect
of the Securities of the series and this Indenture may be served;

 

(15)  the
period or periods within which, the price or prices at which and the terms and conditions upon which any Securities of the series
may be redeemed, in whole or in part at the option of the Company (including whether the redemption may be made conditional upon
events occurring after the delivery or publication of the notice of redemption) and, if other than by a Board Resolution, the manner
in which any election by the Company to redeem the Securities shall be evidenced;

 

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

 

(17)  if
other than denominations of $1,000 and any integral multiple thereof, the denominations in which any Securities of the series shall
be issuable;

 

(18)  whether
the amount of payments of principal (or premium, if any) or interest, if any, on the Securities of the series may be determined
with reference to an index, formula or other method (which index, formula or method may be based, without limitation, on one or
more currencies, commodities, equity indices or other indices), and the manner in which such amounts shall be determined;

 

(19)  the
currency or currencies, including currency units or composite currencies, in which payment of the principal of and any premium
and interest on any Securities of the series shall be payable if other than the currency of the United States of America and the
manner of determining the equivalent thereof in the currency of the United States of America for purposes of the definition of
“Outstanding” in Section 101;

 

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(20)  if
the principal of or any premium or interest on any Securities of the series is to be payable, at the election of the Company or
the Holder thereof, in one or more currencies or currency units other than that or those in which such Securities are stated to
be payable, the currency, currencies or currency units in which the principal of or any premium or interest on such Securities
as to which such election is made shall be payable, the periods within which and the terms and conditions upon which such election
is to be made and the amount so payable (or the manner in which such amount shall be determined);

 

(21)  if
other than the entire principal amount thereof, the portion of the principal amount of any Securities of the series which shall
be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 502;

 

(22)  the
collateral, if any, securing the Securities of the series, and the guarantors, if any, who will guarantee the Securities of the
series, or the methods of determining such collateral, if any, and such guarantors, if any;

 

(23)  whether
the amount of principal, premium, if any, and interest on the Securities of the series may be determined by reference to an index,
formula or other method, such as one or more currencies, commodities, equity indices or other indices, and the manner in which
such amounts shall be determined;

 

(24)  if
the principal amount payable at the Stated Maturity of any Securities of the series will not be determinable as of any one or more
dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such
date for any purpose thereunder or hereunder, including the principal amount thereof which shall be due and payable upon any Maturity
other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity (or, in any
such case, the manner in which such amount deemed to be the principal amount shall be determined);

 

(25)  if
applicable, that the Securities of the series, in whole or any specified part, shall be defeasible pursuant to Section 1302
or Section 1303 or both such Sections and, if other than by a Board Resolution, the manner in which any election
by the Company to defease such Securities shall be evidenced;

 

(26)  if
applicable, that any Securities of the series shall be issuable in whole or in part in the form of one or more Global Securities
and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends which shall be borne
by any such Global Security in addition to or in lieu of that set forth in Section 202 and any circumstances in addition
to or in lieu of those set forth in the legend set forth in Section 202 in which any such Global Security may be
exchanged in whole or in part for Securities registered, and any transfer of such Global Security in whole or in part may be registered
in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof;

 

     18

     

    

 

(27)  any
addition to or change in the Events of Default which apply 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 502;

 

(28)  any
addition to or change in the covenants set forth in Article Ten which applies to Securities of the series, including
any limitation on the Company’s ability to incur debt, redeem stock or sell its assets;

 

(29)  whether,
under what circumstances and the currency in which the Company will pay additional amounts as contemplated by Section 1007
on the Securities of the series to any Holder who is not a United States Person(s) (including any modification to the definition
of such term) in respect of any tax, assessment or governmental charge and, if so, whether the Company will have the option to
redeem such Securities rather than pay such additional amounts (and the terms of any such option);

 

(30)  provisions,
if any, granting special rights to holders of Securities of the series upon the occurrence of specified events; and

 

(31)  any
other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture, except as permitted by
Section 901 or 902), including the stated intervals of time the Trustee shall be required to transmit
reports pursuant to Section 313(a) of the Act.

 

All Securities of such series
shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Board
Resolution or supplemental indenture referred to above and (subject to Section 303) set forth, or determined in the
manner provided, in the Officers’ Certificate referred to above or in any such indenture supplemental hereto.

 

If any of the terms of the series
are established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified
by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’
Certificate setting forth the terms of the series.

 

The Securities shall be subordinated
in right of payment to Senior Debt as provided in Article Fourteen.

 

Section
302.         Denominations.

 

Unless otherwise provided as
contemplated by Section 301 with respect to the Securities of any series, any Securities of such series shall be
issuable in denominations of $1,000 and any integral multiple thereof.

 

Section
303.         Execution, Authentication, Delivery and Dating.

 

The Securities shall be executed
on behalf of the Company by its Chairman of the Board, its Vice Chairman of the Board, its President or one of its executive Vice
Presidents, attested by its Secretary or one of its Assistant Secretaries. The signature of any of these officers on the Securities
may be manual or facsimile.

 

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Securities bearing the manual
or facsimile signatures of individuals who were at any time the proper officers of the Company shall bind the Company, notwithstanding
that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities
or did not hold such offices at the date of such Securities.

 

At any time and from time to
time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company
to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, an Officer’s
Certificate, and an Opinion of Counsel, and the Trustee in accordance with the Company Order shall authenticate and deliver such
Securities. If the forms or terms of the Securities of the series have been established by or pursuant to one or more Board Resolutions
as permitted by Sections 201 and 301, in authenticating such Securities, and accepting the additional
responsibilities under this Indenture in relation to such Securities, the Trustee shall receive, and (subject to Section
601) shall be fully protected in conclusively relying upon, an Opinion of Counsel stating,

 

(1)  if
the forms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 201,
that such forms have been established in conformity with the provisions of this Indenture;

 

(2)  if
the terms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 301,
that such terms have been established in conformity with the provisions of this Indenture; and

 

(3)  that
such Securities when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions
specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company enforceable in accordance
with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general
applicability relating to or affecting creditors’ rights and to general principles of equity.

 

If the authentication and delivery
relates to a new series of Securities created by an indenture supplemental hereto, such Opinion of Counsel shall also state that
all conditions precedent to the execution of the supplemental indenture with respect to that series of Securities have been complied
with, the Company has the power to execute and deliver such supplemental indenture and has taken all necessary action for those
purposes and any such supplemental indenture has been executed and delivered and constitutes the legal, valid and binding obligation
of the Company enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.
The Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will
affect the Trustee’s own rights, duties, liabilities or immunities under the Securities and this Indenture or otherwise in
a manner that is not reasonably acceptable to the Trustee.

 

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Notwithstanding the provisions
of Section 301 and of the two preceding paragraphs, if all Securities of a series are not to be originally issued
at one time, it shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section
301 or the Company Order and Opinion of Counsel otherwise required pursuant to such preceding paragraphs at or prior to
the authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original
issuance of the first Security of such series to be issued.

 

Each Security shall be dated
the date of its authentication.

 

No Security shall be entitled
to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate
of authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate
upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered
hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but never issued
and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided in Section
309, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder
and shall never be entitled to the benefits of this Indenture.

 

Section
304.         Temporary Securities.

 

Pending the preparation of definitive
Securities of any series, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary
Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially
of the tenor of the definitive Securities in lieu of which they are issued and with such appropriate insertions, omissions, substitutions
and other variations as the officers executing such Securities may determine, as evidenced by their execution of such Securities.

 

If temporary Securities of any
series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay. After
the preparation of definitive Securities of that series, the temporary Securities of such series shall be exchangeable for definitive
Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the Company in a
Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities
of any series the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor one or more definitive
Securities of the same series, of any authorized denominations and like aggregate principal amount and tenor.

 

Until exchanged in full as hereinafter
provided, the temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as
definitive Securities of the same series and of like tenor authenticated and delivered hereunder.

 

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Section
305.         Registration, Registration of Transfer and Exchange.

 

The Company shall cause to be
kept at an office or agency to be maintained by the Company in accordance with Section 1002 a register (being the
combined register of the Security Registrar and all transfer agents designated pursuant to Section 1002 for the purpose
of registration of transfer of Securities and sometimes collectively referred to as the “Security Register”)
in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities
and the registration of transfers of Securities. The Trustee is hereby appointed “Security Registrar” for the purpose
of registering Securities and transfers of Securities as herein provided.

 

Except as otherwise provided
in Section 203, or as may be provided as contemplated by Section 301, upon surrender for registration
of transfer of any Security of a series at the office or agency of the Company maintained pursuant to Section 1002
for such purpose in a Place of Payment for that series, the Company shall execute, and the Trustee shall authenticate and deliver,
in the name of the designated transferee or transferees, one or more new Securities of the same series, of any authorized denominations
and of like tenor and aggregate principal amount.

 

At the option of the Holder,
Securities of any series may be exchanged for other Securities of the same series, of any authorized denominations and of like
tenor and aggregate principal amount, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities
are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities that
the Holder making the exchange is entitled to receive.

 

All Securities issued upon any
registration of transfer or exchange of Securities shall be the valid obligations of the Company, evidencing the same debt, and
entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange.

 

Every Security presented or surrendered
for registration of transfer or for exchange shall (if so required by the Company or the Trustee or any transfer agent) be duly
endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar
or any transfer agent duly executed, by the Holder thereof or his attorney duly authorized in writing.

 

No service charge shall be made
for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities,
other than exchanges pursuant to Section 304, 906 or 1107 not involving any transfer.

 

If the Securities of any series
(or of any series and specified tenor) are to be redeemed in part, the Company shall not be required to issue, register the transfer
of or exchange any Securities of that series (or of that series and specified tenor, as the case may be) during a period beginning
at the opening of business 15 days before any selection of Securities of that series to be redeemed and ending at the close of
business on the day of the delivery of the relevant notice of redemption.

 

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The transferor shall also provide
or cause to be provided to the Trustee all information necessary to allow the Trustee to comply with any applicable tax reporting
obligations, including without limitation, any cost basis reporting obligations under Section 6045 of the United States Internal
Revenue Code of 1986, as amended (the “Code”). The Trustee may rely on any such information provided to it and shall
have no responsibility to verify or ensure the accuracy of such information.

 

Section
306.         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 as may be required by them to save each of them and any agent of either of them 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 the Trustee shall authenticate and deliver, 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.

 

Notwithstanding the provisions
of the previous two paragraphs, 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.

 

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Section
307.        Payment of Interest; Interest Rights Preserved.

 

Except as otherwise provided
as contemplated by Section 301 with respect to any series of Securities, interest on any Security which is payable,
and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest.

 

Any interest on any Security
of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted
Interest”) after any applicable grace period shall forthwith cease to be payable to the Holder on the relevant Regular
Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each
case, as provided in clause (1) or (2) below:

 

(1)  The
Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series (or their
respective Predecessor Securities) are registered at the close of business on a special record date (a “Special Record
Date”) for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall
notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date
of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate
amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such
deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons
entitled to such Defaulted Interest as in this Clause provided. Thereupon the Company shall fix a Special Record Date for the payment
of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment
and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Company shall promptly notify
the Trustee of such Special Record Date and, in the name and at the expense of the Company, the Trustee shall cause notice of the
proposed payment of such Defaulted Interest and the Special Record Date therefor to be given to each Holder of Securities of such
series in the manner set forth in Section 106, not less than 10 days prior to such Special Record Date. Notice of
the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so sent, such Defaulted Interest
shall be paid to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered
at the close of business on such Special Record Date and shall no longer be payable pursuant to the following Clause (2).

 

(2)  The
Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful manner not inconsistent
with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required
by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Clause, such manner
of payment shall be deemed practicable by the Trustee.

 

Subject to the foregoing provisions
of this Section and Section 305, each Security delivered under this Indenture upon registration of transfer of or
in exchange for or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were
carried by such other Security.

 

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Section
308.        Persons Deemed Owners.

 

Prior to due presentment of a
Security at maturity, redemption or for registration of transfer, the Company, the Trustee and any agent of the Company or the
Trustee may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving
payment of principal of and any premium and (subject to Section 305 and Section 307) any interest on
such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the Trustee
nor any agent of the Company or the Trustee shall be affected by notice to the contrary.

 

Section
309.        Cancellation.

 

All Securities surrendered for
payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered
to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any
time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company
may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee)
for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities
so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any
Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held
by the Trustee shall be disposed of in the Trustee’s customary manner.

 

Section
310.         Computation of Interest.

 

Except as otherwise specified
as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed
on the basis of a 360-day year of twelve 30-day months.

 

Section
311.        CUSIP Numbers.

 

The Company in issuing the Securities
may use “CUSIP” numbers, ISINs and “Common Code” numbers (in each case if then
generally in use), and, if so, the Trustee shall use such “CUSIP” numbers, ISINs and “Common
Code” 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 identification numbers printed on the Securities, and any such
redemption shall not be affected by any defect in or omission of such numbers. The Company will notify the Trustee in writing of
any change in “CUSIP” numbers, ISINs or “Common Code” numbers.

 

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Article
Four

SATISFACTION AND DISCHARGE

 

Section
401.         Satisfaction and Discharge of Indenture.

 

This Indenture shall upon Company
Request cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of Securities
herein expressly provided for, and any right to receive additional amounts, as provided in Section 1007), and the
Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture,
when

 

(1)  either

 

(A)       all
Securities theretofore authenticated and delivered (other than Securities which have been destroyed, lost or stolen and which have
been replaced or paid as provided in Section 306 and Securities for whose payment money has theretofore been deposited
in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from such trust, as
provided in Section 1003) have been delivered to the Trustee for cancellation; or

 

(B)       all
such Securities not theretofore delivered to the Trustee for cancellation:

 

(i)       have
become due and payable, or

 

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

 

(iii)     are
to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption
by the Trustee in the name, and at the expense, of the Company, and the Company, in the case of (i), (ii) or (iii) above, has
deposited or caused to be deposited with the Trustee as trust funds in trust for such purpose money in an amount sufficient to
pay and discharge the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal
and any premium and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the
Stated Maturity or Redemption Date, as the case may be;

 

(2)  the
Company has paid or caused to be paid all other sums payable hereunder by the Company; and

 

(3)  the
Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with.

 Notwithstanding the satisfaction
and discharge of this Indenture, the obligations of the Company to the Trustee under Section 607, the obligations
of the Company to any Authenticating Agent under Section 614 and, if money shall have been deposited with the Trustee
pursuant to subclause (B) of clause (1) of this Section, the obligations of the Trustee under Section 402
and the last paragraph of Section 1003 shall survive such satisfaction and discharge.

 

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Section
402.          Application of Trust Money.

 

Subject to the provisions of
the last paragraph of Section 1003, all money deposited with the Trustee pursuant to Section 401 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 any premium and interest for whose payment such money has been deposited with the
Trustee.

 

Article
Five

REMEDIES

 

Section
501.         Events of Default.

 

“Event of Default”,
wherever used herein with respect to Securities of any series, means any one of the following events (whatever the reason for such
Event of Default and whether it shall be occasioned by the provisions of Article Fourteen or be voluntary or involuntary
or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of
any administrative or governmental body):

 

(1) default
in the payment of any interest upon any Security of that series when it becomes due and payable, and continuance of such default
for a period of 30 days; or,

 

(2) default
in the payment of the principal of or any premium on any Security of that series at its Maturity and (if so established as contemplated
by Section 301 in respect of that series), in the case of technical or administrative difficulties only if such default
persists for a period of five days; or

 

(3) default
in the deposit of any sinking fund payment, when and as due by the terms of a Security of that series; or

 

(4) default
in the performance, or breach, of any covenant or warranty of the Company in this Indenture (other than a covenant or warranty
a default in whose performance or whose breach is elsewhere in this Section specifically dealt with or which has expressly been
included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such default
or breach for a period of 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

 

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(5)  the
entry by a court having jurisdiction in the premises of (A) a decree or order for relief in respect of the Company in an involuntary
case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or (B) a decree
or order adjudging the Company a bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement,
adjustment or composition of or in respect of the Company under any applicable Federal or State law, or appointing a custodian,
receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of its
property, or ordering the winding up or liquidation of its affairs, and the continuance of any such decree or order for relief
or any such other decree or order unstayed and in effect for a period of 90 consecutive days; or

 

(6)  the
commencement by the Company of a voluntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization
or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, of the consent by it to the
entry of a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Federal
or State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case
or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under any applicable
Federal or State law, or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian,
receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of its
property, or the making by it of an assignment for the benefit of creditors, or the admission by it in writing of its inability
to pay its debts generally as they become due; or

 

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

 

Section
502.         Acceleration of Maturity; Rescission and Annulment.

 

If an Event of Default (other
than an Event of Default specified in Section 501(5) or 501(6)) with respect to Securities of any series
at the time Outstanding occurs and is continuing, then in every such case the Trustee or the Holders of not less than 25% in principal
amount of the Outstanding Securities of that series may declare the principal amount of all the Securities of that series (or,
if any Securities of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities
as may be specified by the terms thereof) 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) shall become immediately
due and payable. If an Event of Default specified in Section 501(5) or 501(6) with respect to Securities
of any series at the time Outstanding occurs, the principal amount of all the Securities of that series (or, if any Securities
of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified
by the terms thereof) shall automatically, and without any declaration or other action on the part of the Trustee or any Holder,
become immediately due and payable.

 

At any time after such a declaration
of acceleration with respect to Securities of 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

 

(1)  the
Company has paid or deposited with the Trustee a sum sufficient to pay

 

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(A)       all
sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee,
its agents and counsel,

 

(B)        the
principal of (and premium, if any, on) any Securities of that series which have become due otherwise than by such declaration of
acceleration and any interest thereon at the rate or rates prescribed therefor in such Securities,

 

(C)        to
the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor in
such Securities, and

 

(D)       all
overdue interest on all Securities of that series;

 

and

 

(2)  all
Events of Default with respect to Securities of that series, other than the non-payment of the principal of Securities of that
series which has become due solely by such declaration of acceleration, have been cured or waived as provided in Section
513.

 

No such rescission shall affect
any subsequent default or impair any right consequent thereon.

 

Section
503.        Collection of Indebtedness and Suits for Enforcement by Trustee.

 

The Company covenants that if

 

(1)  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

 

(2)  default
is made in the payment of the principal of (or premium, if any, on) any Security at the Maturity thereof,

 

the Company will pay to the Trustee, for the benefit
of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and any premium and interest
and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and premium and
on 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 reasonable compensation, expenses, disbursements
and advances, of the Trustee, its agents and counsel.

 

If the Company fails to pay such
amounts forthwith, 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 decreed 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.

 

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If an Event of Default
with respect to 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 reasonably necessary 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
504.        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 (or lesser amount in the case of Original Issue Discount
Securities) 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 (and premium, if any) or
interest) shall be entitled and empowered, by intervention in such proceeding or otherwise,

 

(i)       to
file and prove a claim for the whole amount of principal (or lesser amount in the case of Original Issue Discount Securities) (and
premium, if any) 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 reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and

 

(ii)       to
collect and receive any monies 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 reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607.

 

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 proceedings; provided, however, that the Trustee may, on behalf
of the Holders, vote for the election of a trustee in bankruptcy or similar official and be a member of a creditors’ or other
similar committee.

 

    30 

     

    

 

Section
505.        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 reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable
benefit of the Holders of the Securities in respect of which such judgment has been recovered.

 

Section
506.        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 any premium 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 hereunder to the Trustee (acting in any capacity hereunder);

 

SECOND: Subject to Article
Fourteen, to the payment of the amounts then due and unpaid for principal of and any premium 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 any premium and interest, respectively; and

 

THIRD: To the Company.

 

Section
507.        Limitation on Suits.

 

Subject to Section
508, 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

 

(1) an
Event of Default with respect to Securities of such series shall have occurred and be continuing and such Holder has previously
given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that series;

 

(2) 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;

 

(3) such
Holder or Holders have offered to the Trustee an indemnity satisfactory to it against the costs, expenses and liabilities to be
incurred in compliance with such request;

 

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

 

    31 

     

    

 

(5) no
direction inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of a majority
in principal amount of the Outstanding Securities of that series;

 

it being understood and intended 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 of such Holders.

 

Section
508.        Unconditional Right of Holders to Receive Principal, Premium 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 any premium and (subject to Sections 305 and 307) interest on such Security
on the respective Stated Maturities 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.

 

Section
509.        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
510.        Rights and Remedies Cumulative.

 

Except as otherwise provided
with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section
306, 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 prevent the concurrent assertion or employment of any other appropriate
right or remedy.

 

Section
511.        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.

 

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Section
512.        Control by Holders.

 

Subject to Section
603(5), with respect to the Securities of any series, 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, provided that

 

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

 

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

 

Section
513.        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 waive any past default hereunder with respect to such series and its consequences, except a default

 

(1) in
the payment of the principal of or any premium or interest on any Security of such series, or

 

(2) in
respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent
of the Holder of each Outstanding Security of such series affected.

 

Upon any such waiver,
such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose
of this Indenture but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

 

Section
514.        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 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, a court may require any party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess
costs including reasonable attorneys’ fees and expenses against any such party litigant, in the manner and to the extent
provided in the Trust Indenture Act; provided that neither this Section nor the Trust Indenture Act shall be deemed to authorize
any court to require such an undertaking or to make such an assessment in any suit instituted by the Company or the Trustee.

 

Section
515.        Waiver of Stay or Extension Laws.

 

The Company covenants
(to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim
or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may
affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly
waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any power
herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

 

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Article
Six

THE TRUSTEE

 

Section
601.        Certain Duties and Responsibilities.

 

The duties and responsibilities
of the Trustee shall be as provided in this Indenture and by the Trust Indenture Act.

 

(a) Except during the
continuance of an Event of Default with respect to Securities of any series of which a Responsible Officer of the Indenture Trustee
has actual knowledge,

 

(i)       the
Trustee undertakes to perform, with respect to Securities of such series, such duties and only such duties as are specifically
set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

 

(ii)       in
the absence of bad faith on its part, the Trustee may, with respect to Securities of such series, conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee
and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any provision
hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine
whether or not they conform to the requirements of this Indenture.

 

(b)       If
an Event of Default with respect to Securities of any series has occurred and is continuing, the Trustee shall exercise, with respect
to Securities of such series, such of the rights and powers vested in it by this Indenture, and use the same degree of care and
skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.

 

(c)       No
provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent
failure to act, or its own willful misconduct, except that

 

(1)       this
subsection shall not be construed to limit the effect of sub-section (a) of this Section;

 

(2)       the
Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be proved that
the Trustee was negligent in ascertaining the pertinent facts;

 

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(3)       the
Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the
direction of the Holders of a majority in aggregate principal amount of the Outstanding Securities of any one or more series, as
provided herein, 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; and

 

(4)        no
provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability
in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers.

 

(d)       Whether
or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or
affording protection to the Trustee shall be subject to the provisions of this Section.

 

Section
602.        Notice of Defaults.

 

If a default
occurs hereunder with respect to Securities of any series that is actually known to a Responsible Officer of the Trustee, the
Trustee shall give the Holders of Securities of such series notice of such default as and to the extent provided by the Trust
Indenture Act. The Trustee may withhold from the Holders notice of any continuing default, except a Default relating to the
payment of principal, premium, if any, or interest, if it withholding such notice would be in the interest of Holders. For
the purpose of this Section, the term “default” means any event which is, or after notice or lapse of time or
both would become, an Event of Default with respect to Securities of such series.

 

Section
603.        Certain Rights of Trustee.

 

Subject to the provisions
of Section 601:

 

(1) the
Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate,
statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness
or other paper or document (whether in its original or facsimile form) believed by it to be genuine and to have been signed or
presented by the proper party or parties;

 

(2) any
request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order, and
any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;

 

(3) whenever
in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking,
suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence
of negligence or bad faith on its part, conclusively rely upon an Officers’ Certificate;

 

(4) the
Trustee may consult with counsel of its own selection 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 in good faith and in
reliance thereon;

 

    35 

     

    

 

(5)       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 pursuant to this Indenture, 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;

 

(6)       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, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled
to examine the books, records and premises of the Company, personally or by agent or attorney;

 

(7)       the
Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents
or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed
with due care by it hereunder;

 

(8)       the
Trustee shall not be liable for any action taken, suffered, or omitted to be taken by it in good faith and reasonably believed
by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture;

 

(9)       the
Trustee shall not be deemed to have, or required to take, 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 and this Indenture and specifies
that such notice is a notice of an Event of Default;

 

(10)       the
rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified,
are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and the
Person employed to act hereunder;

 

(11)       the
Trustee may request that the Company deliver an Officers’ Certificate setting forth the names of individuals and/or titles
of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may
be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized in any
such certificate previously delivered and not superseded;

 

(12)       the
permissive rights of the Trustee enumerated herein shall not be construed as duties;

 

(13)       in
no event shall the Trustee be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever
(including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such
loss or damage and regardless of the form of action;

 

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(14)       the
Trustee shall not be required to give any bond or surety in respect of the execution of the trusts and powers or otherwise in respect
of this indenture;

 

(15)       under
no circumstances shall the Trustee be liable in its individual capacity for the obligations evidenced by the securities;

 

(16)       the
Trustee shall not be liable or responsible for any action or inaction of the Depositary or any other clearinghouse or depositary;

 

(17)       the
Trustee shall have no obligation to undertake any calculation hereunder or have any liability for any calculation performed in
connection herewith or the transactions contemplated hereunder;

 

(18)       the
Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture
arising out of or caused, directly or indirectly, by circumstances beyond its control, including acts of God; earthquakes; fire;
flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; interruptions; loss or malfunctions of utilities,
computer (hardware or software) or communication services; accidents; labor disputes; acts of civil or military authority and governmental
action; and

 

(19)       for
certain payments made pursuant to this Indenture, the Trustee may be required to make a “reportable payment” or “withholdable
payment” and in such cases the Trustee shall have the duty to act as a payor or withholding agent, respectively, that is
responsible for any tax withholding and reporting required under Chapters 3, 4 and 61 of the Code. The Trustee shall have the sole
right to make the determination as to which payments are “reportable payments” or “withholdable payments.”
All parties to this Indenture shall provide an executed IRS Form W-9 or appropriate IRS Form W-8 (or, in each case, any successor
form) to the Trustee prior to closing, and shall promptly update any such form to the extent such form becomes obsolete or inaccurate
in any respect. The Trustee shall have the right to request from any party to this Indenture, or any other Person entitled to payment
hereunder, any additional forms, documentation or other information as may be reasonably necessary for the Trustee to satisfy its
reporting and withholding obligations under the Code. To the extent any such forms to be delivered under this Section 603 are not
provided prior to or by the time the related payment is required to be made or are determined by the Trustee to be incomplete and/or
inaccurate in any respect, the Trustee shall be entitled to withhold on any such payments hereunder to the extent withholding is
required under Chapters 3, 4 or 61 of the Code, and shall have no obligation to gross up any such payment.

 

Section
604.        Not Responsible for Recitals or Issuance of Securities.

 

The recitals contained
herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the
Company, and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness. The Trustee makes
no representations as to the validity or sufficiency of this Indenture or of the Securities. Neither the Trustee nor any Authenticating
Agent shall be accountable for the use or application by the Company of Securities or the proceeds thereof.

 

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Section
605.        May Hold Securities.

 

The Trustee, any Authenticating
Agent, any Paying Agent, any Security Registrar or any other agent of the Company, in its individual or any other capacity, may
become the owner or pledgee of Securities and, subject to Sections 608 and 613, may otherwise deal
with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar
or such other agent.

 

Section
606.        Money Held in Trust.

 

Money held by the Trustee
in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no
liability for interest or investment on any money received by it hereunder except as otherwise agreed in writing with the Company.

 

Section
607.        Compensation and Reimbursement.

 

The Company agrees

 

(1)       to
pay to the Trustee (acting in any capacity hereunder) from time to time such compensation for all services rendered by it hereunder
as shall be agreed in writing between the Company and the Trustee (which compensation shall not be limited by any provision of
law in regard to the compensation of a trustee of an express trust);

 

(2)       except
as otherwise expressly provided herein, to reimburse the Trustee and any predecessor Trustee upon its request for all reasonable
expenses, disbursements and advances incurred or made by the Trustee (acting in any capacity hereunder) in accordance with any
provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel),
except any such expense, disbursement or advance as shall be determined by a court of competent jurisdiction to have been caused
by its own negligence or willful misconduct; and

 

(3)       to
indemnify the Trustee (acting in any capacity hereunder) and any predecessor Trustee for, to protect and to hold it harmless against,
any and all loss, liability, claim, damage or expense, including taxes (other than those based upon, measured by or determined
by the income of the Trustee), incurred without negligence or willful misconduct on its part, arising out of or in connection with
the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending itself against
any claim (whether asserted by the Company, any Holder or any other Person) or liability in connection with the exercise or performance
of any of its powers or duties hereunder or in connection with enforcing the provisions of this Section.

 

This Section shall survive
the termination of the Indenture and the resignation or removal of the Trustee.

 

To secure the payment
obligations of the Company in this Section 607, the Trustee shall have a lien prior to the Securities on all money or property
held or collected by the Trustee, except that held in trust to pay principal and interest on any particular Securities. Such lien
shall survive the satisfaction and discharge of this Indenture.

 

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Section
608.        Conflicting Interests.

 

If the Trustee has or
shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest
or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.
To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of
being a trustee under this Indenture with respect to Securities of more than one series.

 

Section
609.        Corporate Trustee Required; Eligibility.

 

There shall at all times
be one (and only one) Trustee hereunder with respect to the Securities of each series, which may be Trustee hereunder for Securities
of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust Indenture Act to act as such
and has a combined capital and surplus of at least $50,000,000. If any such Person publishes reports of condition at least annually,
pursuant to law or to the requirements of its supervising or examining authority, then for the purposes of this Section and to
the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined
capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee with respect to
the Securities of any series shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately
in the manner and with the effect hereinafter specified in this Article.

 

Section
610.        Resignation and Removal; Appointment of Successor.

 

No resignation or removal
of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of
appointment by the successor Trustee in accordance with the applicable requirements of Section 611.

 

The Trustee may resign
at any time with respect to the Securities of one or more series by giving written notice thereof to the Company. If the instrument
of acceptance by a successor Trustee required by Section 611 shall not have been delivered to the resigning Trustee
within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction
at the expense of the Company for the appointment of a successor Trustee with respect to the Securities of such series.

 

The Trustee may be removed
upon 30 days prior written notice with respect to the Securities of any series by Act of the Holders of a majority in principal
amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company.

 

If at any time:

 

(1) the
Trustee shall fail to comply with Section 608 after written request therefor by the Company or by any Holder who
has been a bona fide Holder of a Security for at least six months, or

 

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(2) the
Trustee shall cease to be eligible under Section 609 and shall fail to resign after written request therefor by the
Company or by any such Holder, or

 

(3) the
Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property
shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose
of rehabilitation, conservation or liquidation,

 

then, in any such case, (A) the Company
by a Board Resolution may remove the Trustee with respect to all Securities, or (B) subject to Section 514, any Holder
who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all others similarly situated,
petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment
of a successor Trustee or Trustees. If an instrument of acceptance by a successor Trustee shall not have been delivered to the
Trustee within 30 days after the giving of such notice of removal, the Trustee being removed may petition, at the expense of the
Company, any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such
series.

 

If the Trustee shall
resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect
to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees
with respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with
respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect
to the Securities of any particular series) and shall comply with the applicable requirements of Section 611. If,
within one year after the successor trustee takes office, a successor Trustee with respect to the Securities of any series shall
be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to
the Company and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment
in accordance with the applicable requirements of Section 611, become the successor Trustee with respect to
the Securities of such series and to that extent supersede the successor Trustee appointed by the Company. If no successor Trustee
with respect to the Securities of any series shall have been so appointed by the Company or the Holders of Securities of such series
and accepted appointment in the manner required by Section 611, any Holder who has been a bona fide Holder of
a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition any court
of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

 

The Company shall give
notice of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of
a successor Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided
in Section 106. Each notice shall include the name of the successor Trustee with respect to the Securities of such
series and the address of its Corporate Trust Office.

 

Notwithstanding replacement
of the Trustee pursuant to this Section 610, the Company’s obligations under Section 607 shall continue for the benefit of
the retiring Trustee.

 

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Section
611.        Acceptance of Appointment by Successor.

 

In case of the appointment
hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge
and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation
or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance,
shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company
or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring
to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver
to such successor Trustee all property and money held by such retiring Trustee hereunder.

 

In case of the appointment
hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the retiring
Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture
supplemental hereto wherein each successor Trustee shall accept such appointment and which (1) shall contain such provisions as
shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts
and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor
Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall
be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect
to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring
Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate
the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental
indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or
trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution
and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent
provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the
rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment
of such successor Trustee relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly assign,
transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates.

 

Upon request of any such
successor Trustee, the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to
such successor Trustee all such rights, powers and trusts referred to in the first or second preceding paragraph, as the case may
be.

 

No successor Trustee
shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under
this Article.

 

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Section
612.        Merger, Conversion, Consolidation or Succession to Business.

 

Any corporation into
which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger,
conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the
corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation shall be otherwise
qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of
the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any
successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities
so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

 

Section
613.        Preferential Collection of Claims Against Company.

 

If and when the Trustee
shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions
of Section 311 of the Trust Indenture Act, but only to the extent therein specified, regarding the collection of
claims against the Company (or any such other obligor). For purposes of Section 311(b)(4) and (6) of
such Act, the following terms shall mean:

 

(a)       “cash
transaction” means any transaction in which full payment for goods or securities sold is made within seven days after
delivery of the goods or securities in currency or in checks or other orders drawn upon banks or bankers and payable upon demand;
and

 

(b)       “self-liquidating
paper” means any draft, bill of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by
the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or
merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise
or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided
the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising
from the making, drawing, negotiating or incurring of the draft, bill of exchange, acceptance or obligation.

 

Section
614.        Appointment of Authenticating Agent.

 

The Trustee may appoint
an Authenticating Agent or Agents with respect to one or more series of Securities which shall be authorized to act on behalf of
the Trustee to authenticate Securities of such series issued upon original issue and upon exchange, registration of transfer or
partial redemption thereof or pursuant to Section 306, and Securities so authenticated shall be entitled to the benefits
of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Any such appointment
shall be evidenced by an instrument in writing signed by a Responsible Officer of the Trustee, and a copy of such instrument shall
be promptly furnished to the Company. Wherever reference is made in this Indenture to the authentication and delivery of Securities
by the Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication and
delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee
by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company and shall at all times be a corporation
organized and doing business under the laws of the United States of America, any State thereof or the District of Columbia, authorized
under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject
to supervision or examination by Federal or State authority. If such Authenticating Agent publishes reports of condition at least
annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section,
the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth
in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance
with the provisions of this Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified
in this Section.

 

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Any corporation into
which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any corporation resulting from
any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to the
corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an Authenticating Agent, provided
such corporation shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act
on the part of the Trustee or the Authenticating Agent.

 

An Authenticating Agent
may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate
the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving
such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible
in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable
to the Company and shall give notice of such appointment in the manner provided in Section 106 to all Holders of
Securities of the series with respect to which such Authenticating Agent will serve. Any successor Authenticating Agent upon acceptance
of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like
effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible
under the provisions of this Section.

 

The Company agrees to
pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section.

 

If an appointment with
respect to one or more series is made pursuant to this Section, the Securities of such series may have endorsed thereon, in addition
to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form:

 

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

 

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	 	Wells Fargo Bank, National Association,

As Trustee
	 	 
	 	By:	 
	 	 	As Authenticating
Agent
	 	 
	 	By:	 
	 	 	Authorized
Officer”

  

If all of the Securities
of a series may not be originally issued at one time, and if the Trustee does not have an office capable of authenticating Securities
upon original issuance located in a Place of Payment where the Company wishes to have Securities of such series authenticated upon
original issuance, the Trustee, if so requested by the Company in writing (which writing need not comply with Section 102
and need not be accompanied by an Opinion of Counsel), shall appoint in accordance with this Section an Authenticating Agent having
an office in a Place of Payment designated by the Company with respect to such series of Securities.

 

Article
Seven

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

 

Section
701.        Company to Furnish Trustee Names and Addresses of Holders.

 

With respect to each
series of the Securities, the Company will furnish or cause to be furnished to the Trustee

 

(1)       semi-annually,
not later than 10 days after each Regular Record Date or in the case of any series of Securities on which semi-annual interest
is not payable, not more than 15 days after such semi-annual dates specified by the Trustee, a list, in such form as the Trustee
may reasonably require, of the names and addresses of the Holders of Securities of each series as of the Regular Record Date or
such semi-annual date, as the case may be, and

 

(2)       at
such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request, a
list of similar form and content as of a date not more than 15 days prior to the time such list is furnished;

 

provided, that so long as the Trustee
is the Security Registrar, the Company shall not be required to furnish or cause to be furnished such a list to the Trustee. The
Company shall otherwise comply with Section 310(a) of the Trust Indenture Act.

 

Section
702.        Preservation of Information; Communications to Holders.

 

The Trustee shall preserve,
in as current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished
to the Trustee as provided in Section 701 and the names and addresses of Holders received by the Trustee in its capacity
as Security Registrar. The Trustee may destroy any list furnished to it as provided in Section 701 upon receipt of
a new list so furnished.

 

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The rights of Holders
to communicate with other Holders with respect to their rights under this Indenture or under the Securities, and the corresponding
rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act.

 

Every Holder of Securities,
by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent
of either of them shall be held accountable by reason of the disclosure of any such information as to the names and addresses of
the Holders in accordance with this Section 702, regardless of the source from which such information was derived,
and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made under this Section
702. The Company, the Trustee, the Security Registrar and any other Person shall have the protection of Section 312(c)
of the Trust Indenture Act.

 

Section
703.        Reports by Trustee.

 

The Trustee shall transmit
to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture
Act at the times and in the manner provided pursuant thereto, including Sections 313(a), 313(b), 313(c) and 313(d)
of the Trust Indenture Act.

 

A copy of each such report
shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities
are listed, with the Commission and with the Company. The Company will notify the Trustee in writing when any Securities are listed
on any stock exchange or delisted therefrom.

 

Section
704.        Reports by Company.

 

The Company shall file
with the Trustee and the Commission, and transmit to Holders, such information, documents and other reports, and such summaries
thereof, as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant to such Act; provided
that any such information, documents or reports required to be filed with the Commission pursuant to Section 13
or 15(d) of the Exchange Act shall be filed with the Trustee within 15 days after the same is so required to be filed
with the Commission. The Company shall otherwise comply with Section 314(a) of the Trust Indenture Act.

 

Delivery of such reports,
information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute
constructive notice of any information contained therein or determinable from information contained therein, including the Company’s
compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates).
The Trustee shall not be obligated to monitor or confirm, on a continuing basis or otherwise, the Company’s compliance with
the covenants or with respect to any reports or other documents delivered under this Indenture. Further, the Trustee shall have
liability or responsibility for the filing, timeliness or content of any report filed or delivered in connection herewith.

 

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Article
Eight

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

 

Section
801.        Company May Consolidate, Etc., Only on Certain Terms.

 

The Company shall not
consolidate with or merge into any other Person or convey, transfer or lease its properties and assets substantially as an entirety
to any Person (other than a direct or indirect wholly-owned subsidiary of the Company), and the Company shall not permit any Person
(other than a direct or indirect wholly-owned subsidiary of the Company) to consolidate with or merge into the Company, unless:

 

(1)       the
Company is the surviving corporation or, in case the Company shall consolidate with or merge into another Person or convey, transfer
or lease its properties and assets substantially as an entirety to any Person, the Person formed by such consolidation or into
which the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets
of the Company substantially as an entirety shall be a corporation, limited liability company, partnership or trust, organized
and validly existing under the laws of the United States of America, any State thereof or the District of Columbia and shall expressly
assume, by an indenture supplemental hereto, executed and delivered to the Trustee in form satisfactory to the Trustee, the due
and punctual payment of the principal of and any premium and interest (including all additional amounts, if any payable pursuant
to Section 1007) on all the Securities and the performance or observance of every covenant of this Indenture on the
part of the Company to be performed or observed;

 

(2)       immediately
after giving effect to such transaction and treating any indebtedness which becomes an obligation of the Company or any Subsidiary
as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction, no Event
of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have happened and
be continuing;

 

(3)       if,
as a result of any such consolidation or merger or such conveyance, transfer or lease, properties or assets of the Company would
become subject to a mortgage, pledge, lien, security interest or other encumbrance which would not be permitted by this Indenture,
the Company or such successor Person, as the case may be, shall take such steps as shall be necessary effectively to secure the
Securities equally and ratably with (or prior to) all indebtedness secured thereby; and

 

(4)       the
Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation,
merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental
indenture comply with this Article and that all conditions precedent herein provided for relating to such transaction have been
complied with.

 

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Section
802.        Successor Substituted.

 

Upon any consolidation
of the Company with, or merger of the Company into, any other Person or any conveyance, transfer or lease of the properties and
assets of the Company substantially as an entirety in accordance with Section 801, the successor Person formed by
such consolidation or into which the Company is merged or to which such conveyance, transfer or lease 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 had been named as the Company herein, and thereafter, except in the case of a lease, the predecessor Person
shall be relieved of all obligations and covenants under this Indenture and the Securities.

 

Article
Nine

SUPPLEMENTAL INDENTURES

 

Section
901.        Supplemental Indentures Without Consent of Holders.

 

Without the consent of
any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to time, may enter
into one or more indentures supplemental hereto, for any of the following purposes:

 

(1) to
evidence the succession of another Person to the Company and the assumption by any such successor of the covenants of the Company
herein and in the Securities; or

 

(2) to
add to the covenants of the Company for the benefit of the Holders of all or any series of Securities (and if such covenants are
to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for
the benefit of such series) or to surrender any right or power herein conferred upon the Company; or

 

(3) to
add any additional Events of Default for the benefit of the Holders of all or any series of Securities (and if such additional
Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default
are expressly being included solely for the benefit of such series); or

 

(4) to
add to, change or eliminate any of the provisions of this Indenture in respect of one or more series of Securities, provided
that any such addition, change or elimination (A) shall neither (i) apply to any Security of any series created prior to the
execution of such supplemental indenture and entitled to the benefit of such provision nor (ii) modify the rights of the Holder
of any such Security with respect to such provision or (B) shall become effective only when there is no such Security Outstanding;
or

 

(5) to
secure the Securities; or

 

(6) to
establish the form or terms of Securities of any series as permitted by Sections 201 and 301; or

 

(7) to
evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or
more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate
the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 611;
or

 

    47 

     

    

 

(8) to
cure any ambiguity, to correct or supplement any provision herein which may be defective or inconsistent with any other provision
herein, or to make any other provisions with respect to matters or questions arising under this Indenture, provided that
such action shall not adversely affect the interests of the Holders of Securities of any series in any material respect as evidenced
by an Officers’ Certificate.

 

Section
902.        Supplemental Indentures With Consent of Holders.

 

With the consent of the
Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of each series affected by such
supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board
Resolution, and the Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions
to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of
the Holders of Securities of such series under this Indenture; provided, however, that no such supplemental indenture shall,
without the consent of the Holder of each Outstanding Security affected thereby,

 

(1) change
the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, or reduce the principal
amount thereof or the rate of interest thereon or any premium payable upon the redemption thereof, or change any obligation of
the Company to pay additional amounts pursuant to Section 1007 (except as contemplated by Sections 801
and 802 and permitted by Section 901(1)), or reduce the amount of the principal of an Original Issue
Discount Security or any other Security which would be due and payable upon a declaration of acceleration of the Maturity thereof
pursuant to Section 502, or change the coin or currency in which, any Security or any premium or interest thereon
is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof
(or, in the case of redemption, on or after the Redemption Date), or modify the provisions of this Indenture with respect to the
subordination of the Securities in a manner adverse to the Holders, or

 

(2) reduce
the percentage in principal amount of the Outstanding Securities of any series, the consent of whose Holders is required for any
such supplemental indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions
of this Indenture or certain defaults hereunder and their consequences) provided for in this Indenture, or

 

(3) change
any obligation of the Company to maintain an office or agency in the places and for the purposes specified in Section 1002,
or

 

(4) modify
any of the provisions of this Section, Section 513 or Section 1006, except to increase any such percentage
or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of
each Outstanding Security affected thereby; provided, however, that this clause shall not be deemed to require the consent
of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this
Section and Section 901, or deletion of this proviso, in accordance with the requirements of Sections 611
and 901(7).

 

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A supplemental indenture
which changes or eliminates any covenant or other provision of this Indenture which has expressly been included solely for the
benefit of one or more particular series of Securities, or which modifies the rights of the Holders of Securities of such series
with respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders
of Securities of any other series.

 

It shall not be necessary
for any Act of Holders of Securities under this Section to approve the particular form of any proposed supplemental indenture,
but it shall be sufficient if such Act shall approve the substance thereof.

 

Section
903.        Execution of Supplemental Indentures.

 

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 receive, and (subject to Section 601) shall be fully protected in conclusively
relying upon, an Officers’ Certificate and an Opinion of Counsel stating that the execution of such supplemental indenture
is authorized or permitted by this Indenture and that such supplemental indenture constitutes the legal, valid and binding obligation
of the Company enforceable against it in accordance with its terms. The Trustee may, but shall not be obligated to, enter into
any such supplemental indenture which affects the Trustee’s owner’s rights, duties, liabilities or immunities under
this Indenture or otherwise.

 

Section
904.        Effect of Supplemental Indentures.

 

Upon the execution of
any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such supplemental
indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated
and delivered hereunder shall be bound thereby.

 

Section
905.        Conformity with Trust Indenture Act.

 

Every supplemental indenture
executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act.

 

Section
906.        Reference in Securities to Supplemental Indentures.

 

Securities of any series
authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and shall if required
by the Company, bear a notation in form approved by the Company as to any matter provided for in such supplemental indenture. If
the Company shall so determine, new Securities of any series so modified as to conform, in the opinion of the Company, to any such
supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for
Outstanding Securities of such series.

 

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Article
Ten

COVENANTS

 

Section
1001.       Payment of Principal, Premium and Interest.

 

The Company covenants
and agrees for the benefit of Holders of each series of Securities that it will duly and punctually pay the principal of and any
premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture. Principal,
premium, if any, and interest shall be considered paid on the date due if the Trustee or the Paying Agent holds as of 11:00 a.m.
Eastern time, on the due date money deposited by the Company in immediately available funds and designated for and sufficient to
pay the principal, premium, if any, and interest then due, and the Trustee or the Paying Agent, as the case may be, is not prohibited
from paying such money to the Holders on that date pursuant to the terms of this Indenture.

 

Section
1002.       Maintenance of Office or Agency.

 

The Company will maintain
in each Place of Payment for any series an office or agency where Securities of that series may be presented or surrendered for
payment, where Securities of that series may be surrendered for registration of transfer or exchange and where notices and demands
to or upon the Company in respect of the Securities of that series and this Indenture may be served. The Company will give prompt
written notice to the Trustee of the location, and any change in the location, of any such office or agency. If at any time the
Company shall fail to maintain any such required office or agency in respect of any series of Securities or shall fail to furnish
the Trustee with the address thereof, such presentations and surrenders of Securities of that series may be made and notices and
demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the same as its agent
to receive such respective presentations, surrenders, notices and demands; provided, however, no service of legal process may be
made on the Company at any office of the Trustee. The Company may also from time to time designate one or more other offices or
agencies where the Securities of one or more series may be presented or surrendered for any or all such purposes and may from time
to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve
the Company of its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes.
The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location
of any such other office or agency.

 

Section
1003.       Money for Securities Payments to be Held in Trust.

 

If the Company shall
at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal
of or any premium or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons
entitled thereto a sum sufficient to pay the principal and any premium or interest so becoming due until such sums shall be paid
to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to
act.

 

    50 

     

    

 

Whenever the Company
shall have one or more Paying Agents for any series of Securities, it will, prior to each due date of the principal of or any premium
or interest on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay the principal and any premium
or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal, premium or
interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so
to act.

 

The Company will cause
each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which
such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will (1) comply
with the provisions of the Trust Indenture Act applicable to it as a Paying Agent and (2) during the continuance of any default
by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect of the Securities
of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent
for payment in respect of the Securities of that series.

 

The Company may at any
time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company
Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be
held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon
such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to
such money.

 

Subject to applicable
unclaimed property or “escheat laws,” any money deposited with the Trustee or any Paying Agent, or then held by the
Company, in trust for the payment of the principal of or any premium or interest on any Security of any series and remaining unclaimed
for two years after such principal and any premium or interest has become due and payable shall be paid to the Company on Company
Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security shall thereafter,
as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee or such Paying
Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease.

 

Section
1004.       Statement by Officers as to Default.

 

The Company will deliver
to the Trustee, within 120 days after the end of each fiscal year of the Company ending after the date hereof, an Officers’
Certificate, stating whether or not to the best knowledge of the signers thereof the Company is in default in the performance and
observance of any of the terms, provisions and conditions of this Indenture (without regard to any period of grace or requirement
of notice provided hereunder) and, if the Company shall be in default, specifying all such defaults and the nature and status thereof
of which they may have knowledge. The Company shall deliver to the Trustee, as soon as reasonably practicable and in any event
within 20 days after the Company becomes aware of the occurrence of any Event of Default or an event which, with notice or the
lapse of time or both, would constitute an Event of Default, an Officers’ Certificate setting forth the details of such Event
of Default or default.

 

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Section
1005.       Existence.

 

Subject to Article
Eight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its existence,
rights (charter and statutory) and franchises; provided, however, that the Company shall not be required to preserve any
such right or franchise if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct
of the business of the Company and that the loss thereof is not disadvantageous in any material respect to the ability of the Company
to make payments hereunder.

 

Section
1006.       Waiver of Certain Covenants.

 

Except as otherwise specified
as contemplated by Section 301 for Securities of such series and as contemplated by Section 508, the
Company may, with respect to the Securities of any series, omit in any particular instance to comply with any term, provision or
condition set forth in this Indenture for the benefit of the Holders of such series if before the time for such compliance the
Holders of at least 50% in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either
waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such waiver
shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall
become effective, the obligations of the Company and the duties of the Trustee in respect of any such term, provision or condition
shall remain in full force and effect.

 

Section
1007.       Additional Amounts.

 

If the Securities of
a series provide for the payment of additional amounts, the Company will pay to the Holder of any Security of such series additional
amounts as provided therein. Whenever in this Indenture there is mentioned, in any context, the payment of the principal of or
any premium or interest on, or in respect of, any Security of any series or the net proceeds received on the sale or exchange of
any Security of any series, such mention shall be deemed to include mention of the payment of additional amounts provided for in
this Section to the extent that, in such context, additional amounts are, were or would be payable in respect thereof pursuant
to the provisions of this Section and express mention of the payment of additional amounts (if applicable) in any provisions hereof
shall not be construed as excluding additional amounts in those provisions hereof where such express mention is not made.

 

If the Securities of
a series provide for the payment of additional amounts, at least 10 days prior to the first Interest Payment Date with respect
to that series of Securities (or if the Securities of that series will not bear interest prior to Maturity, the first day on which
a payment of principal and any premium is made), and at least 10 days prior to each date of payment of principal and any premium
or interest if there has been any change with respect to the matters set forth in the below-mentioned Officers’ Certificate,
the Company will furnish the Trustee and the Company’s principal Paying Agent or Paying Agents, if other than the Trustee,
with an Officers’ Certificate instructing the Trustee and such Paying Agent or Paying Agents whether such payment of principal
of and any premium or interest on the Securities of that series shall be made to Holders of Securities of that series who are United
States Aliens without withholding for or on account of any tax, assessment or other governmental charge described in the Securities
of that series. If any such withholding shall be required, then such Officers’ Certificate shall specify by country the amount,
if any, required to be withheld on such payments to such Holders of Securities and the Company will pay to the Trustee or such
Paying Agent the additional amounts required by this Section. The Company covenants to indemnify the Trustee and any Paying Agent
for, to protect and to hold them harmless against, any loss, liability, damage or expense reasonably incurred without negligence
or willful misconduct on their part arising out of or in connection with actions taken or omitted by any of them in reliance on
any Officers’ Certificate furnished pursuant to this Section.

 

    52 

     

    

 

Article
Eleven

REDEMPTION OF SECURITIES

 

Section
1101.       Applicability of Article.

 

Securities of any series
which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified
as contemplated by Section 301 for such Securities) in accordance with this Article.

 

Section
1102.       Election to Redeem; Notice to Trustee.

 

The election of the Company
to redeem any Securities shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section
301 for such Securities. In case of any redemption at the election of the Company of less than all the Securities of any
series (including any such redemption affecting only a single Security), the Company shall, by delivering an Officers’ Certificate
at least 60 days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee),
notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable,
of the tenor of the Securities to be redeemed (unless all of the Securities of a specified tenor are to be redeemed). In the case
of any redemption of Securities (i) prior to the expiration of any restriction on such redemption provided in the terms of such
Securities or elsewhere in this Indenture, or (ii) pursuant to an election of the Company which is subject to a condition specified
in the terms of such Securities, the Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance
with such restriction or condition.

 

Section
1103.       Selection by Trustee of Securities to be Redeemed.

 

If less than all the
Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor are to be redeemed
or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more
than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called
for redemption, by such method in accordance with the Depository’s applicable procedures and which may provide for the selection
for redemption of portions (equal to the minimum authorized denomination for Securities of that series or any integral multiple
thereof) of the principal amount of Securities of such series of a denomination larger than the minimum authorized denomination
for Securities of that series or of the principal amount of global securities of such series. If less than all of the Securities
of such series and of a specified tenor are to be redeemed, the particular Securities to be redeemed shall be selected not more
than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor not
previously called for redemption in accordance with the preceding sentence.

 

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The Trustee shall promptly
notify the Company in writing of the Securities selected for redemption as aforesaid and, in case of any Securities selected for
partial redemption as aforesaid, the principal amount thereof to be redeemed.

 

The provisions of the
two preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such Security
is to be redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount
of the Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such
Security.

 

For all purposes of this
Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the
case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which
has been or is to be redeemed.

 

Section
1104.       Notice of Redemption.

 

Notice of redemption
shall be given in the manner provided in Section 106 to the Holders of Securities to be redeemed not less than 30
nor more than 60 days prior to the Redemption Date, except that notices of redemption may be sent more than 60 days prior to a
redemption date if the notice is issued in connection with the defeasance or satisfaction and discharge of this Indenture.

 

All notices of redemption
shall identify the Securities and state:

 

(1) the
Redemption Date,

 

(2) the
Redemption Price,

 

(3) if
less than all the Outstanding Securities of any series consisting of more than a single Security are to be redeemed, the identification
(and, in the case of partial redemption of any such Securities, the principal amounts) of the particular Securities to be redeemed
and, if less than all the Outstanding Securities of any series consisting of a single Security are to be redeemed, the principal
amount of the particular Security to be redeemed,

 

(4) that
on the Redemption Date the Redemption Price will become due and payable upon each such Security to be redeemed and, if applicable,
that interest thereon will cease to accrue on and after said date (unless the Company defaults in the timely deposit of the Redemption
Price),

 

(5) the
place or places where such Securities are to be surrendered for payment of the Redemption Price,

 

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(6) that
the redemption is for a sinking fund, if such is the case; and

 

(7) applicable
CUSIP number, ISIN or “Common Code” number, if any, and that no representation is made by the Trustee as to the correctness
or accuracy of the CUSIP number, ISIN or “Common Code” number, if any, listed in such notice or printed on the Securities.

 

A notice of redemption
published as contemplated by Section 106 need not identify particular registered Securities to be redeemed.

 

Notice of redemption
of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company’s request, by
the Trustee in the name and at the expense of the Company and shall be irrevocable.

 

In case of any redemption
at the election of the Company, the Company will, at least 10 days (unless a shorter notice will be satisfactory to the Trustee)
prior to the notice date, notify the Trustee of such Redemption Date.

 

Section
1105.       Deposit of Redemption Price.

 

Prior to 11:00 a.m. Eastern
time on any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as
its own Paying Agent, segregate and hold in trust as provided in Section 1003) an amount of money sufficient to pay
the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities
which are to be redeemed on that date.

 

Section
1106.       Securities Payable on Redemption Date.

 

Notice of redemption
having been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption
Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price
and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance
with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption
Date; provided, however, that, unless otherwise specified as contemplated by Section 301, installments of
interests on Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities,
or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their
terms and the provisions of Section 307.

 

If any Security called
for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, until paid, bear
interest from the Redemption Date at the rate prescribed therefor in the Security.

 

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Section
1107.       Securities Redeemed in Part.

 

Any Security which is
to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires,
due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the
Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and
deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor,
of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed
portion of the principal of the Security so surrendered.

 

Section
1108.       Purchase of Securities.

 

Unless otherwise specified
as contemplated by Section 301, the Company and any Affiliate of the Company may at any time purchase or otherwise
acquire Securities in the open market or by private agreement. Such acquisition shall not operate as or be deemed for any purpose
to be a redemption of the indebtedness represented by such Securities. Any Securities purchased or acquired by the Company may
be delivered to the Trustee and, upon such delivery, the indebtedness represented thereby shall be deemed to be satisfied. Section
309 shall apply to all Securities so delivered.

 

Article
Twelve

SINKING FUNDS

 

Section
1201.       Applicability of Article.

 

The provisions of this
Article shall be applicable to any sinking fund for the retirement of Securities of any series except as otherwise specified as
contemplated by Section 301 for such Securities.

 

The minimum amount of
any sinking fund payment provided for by the terms of any Securities is herein referred to as a “mandatory sinking
fund payment”, and any payment in excess of such minimum amount provided for by the terms of such Securities is herein
referred to as an “optional sinking fund payment”. If provided for by the terms of any Securities, the
cash amount of any sinking fund payment may be subject to reduction as provided in Section 1202. Each sinking
fund payment shall be applied to the redemption of Securities as provided for by the terms of such Securities.

 

Section
1202.       Satisfaction of Sinking Fund Payments with Securities.

 

The Company (1) may deliver
Outstanding Securities of a series (other than any previously called for redemption) and (2) may apply as a credit Securities of
a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the
application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction
of all or any part of any sinking fund payment with respect to any Securities of such series required to be made pursuant to the
terms of such Securities as and to the extent provided for by the terms of such Securities; provided that the Securities
to be so credited have not been previously so credited. The Securities to be so credited shall be received and credited for such
purpose by the Trustee at the Redemption Price, as specified in the Securities so to be redeemed, for redemption through operation
of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

 

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Section
1203.       Redemption of Securities for Sinking Fund.

 

Not less than 45 days
prior (unless a shorter period shall be satisfactory to the Trustee) to each sinking fund payment date for any Securities, the
Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment
for such Securities pursuant to the terms of such Securities, 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 Securities pursuant to Section
1202 and will also deliver to the Trustee any Securities to be so delivered. The Trustee shall select any Securities to
be redeemed upon such sinking fund payment date in the manner specified in Section 1103 and cause notice of the redemption
thereof to be given in the name of and at the expense of the Company in the manner provided in Section 1104. Such
notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections
1106 and 1107.

 

Article
Thirteen

LEGAL DEFEASANCE AND COVENANT DEFEASANCE

 

Section
1301.       Company’s Option to Effect Legal Defeasance or Covenant Defeasance.

 

The Company may at its
option, at any time elect to have either Section 1302 or Section 1303 applied to the Outstanding Securities
of any series upon compliance with the conditions set forth below in this Article Thirteen.

 

Section
1302.       Legal Defeasance and Discharge.

 

Upon the Company’s
exercise of the option provided in Section 1301 applicable to this Section, the Company shall be deemed to have been
discharged from its obligations with respect to the Outstanding Securities of any series on the date the conditions set forth below
are satisfied (hereinafter, “legal defeasance”). For this purpose, such legal defeasance means that the
Company shall be deemed to have paid and discharged the entire indebtedness represented by the Outstanding Securities of such series
and to have satisfied all its other obligations under the Securities of such series and this Indenture insofar as the Securities
of such series are concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the
same), except for the following which shall survive until otherwise terminated or discharged hereunder: (A) the rights of Holders
of the Securities of such series to receive, solely from the trust fund described in Section 1304 and as more fully
set forth in such Section, payments in respect of the principal of and any premium and interest on the Securities of such series
when such payments are due, (B) the Company’s obligations with respect to such Securities under Sections 304, 305,
306, 1002 and 1003, (C) the rights, powers, trusts, duties and immunities of the Trustee hereunder and the
Company’s obligations related thereto and (D) this Article Thirteen. Subject to compliance with this Article
Thirteen, the Company may exercise its option under this Section 1302 notwithstanding the prior exercise
of its option under Section 1303.

 

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Section
1303.       Covenant Defeasance.

 

Upon the Company’s
exercise of the option provided in Section 1301 applicable to this Section, (i) the Company shall be released from
its obligations with respect to the Securities of such series under Section 801, Section 1006 and Section 1007,
and any covenants provided pursuant to Section 301 for the benefit of the Holders of such Securities (to the extent
so provided pursuant to Section 301) and (ii) the occurrence of an event specified in Sections 501(3)
or (4) shall not be deemed to be an Event of Default on and after the date the conditions set forth below are satisfied
(hereinafter, “covenant defeasance”). For this purpose, such covenant defeasance means that the Company
may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such Section
or clause whether directly or indirectly by reason of any reference elsewhere herein to any such Section or clause or by reason
of any reference in any such Section or clause to any other provision herein or in any other document, but the remainder of this
Indenture and such Securities shall be unaffected thereby.

 

Section
1304.       Conditions to Legal Defeasance or Covenant Defeasance.

 

The following shall be
the conditions to application of either Section 1302 or Section 1303 to the then Outstanding Securities
of any series:

 

(1) The
Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee satisfying the requirements
of Section 609 who shall agree to comply with the provisions of this Article Thirteen applicable to
it) as trust funds in trust for the purpose of making the following payments specifically pledged as security for, and dedicated
solely to, the benefit of the Holders of the Securities of such series, (A) money in an amount, or (B) Government Obligations which
through the scheduled payment of principal and interest in respect thereof in accordance with their terms will provide, not later
than one day before the due date of any payment, money in an amount, or (C) a combination thereof, sufficient, in the opinion of
a nationally recognized firm of independent public accountants or a nationally recognized investment banking firm expressed in
a written certification thereof delivered to the Trustee, (if such firms at such time customarily deliver such certifications,
and, if not, such certification may be from the principal financial officer of the Company), to pay and discharge, and which shall
be applied by the Trustee (or other qualifying trustee) to pay and discharge, the principal of, premium, if any, and each installment
of interest on the Securities on the Stated Maturity of such principal or installment of interest in accordance with the terms
of this Indenture and of the Securities of such series. For this purpose, “Government Obligations” means,
with respect to any series of Securities, securities that are (x) direct obligations of the government that issued the currency
in which such series is denominated (or, if such series is denominated in euro, the direct obligations of any government that is
a member of the European Monetary Union) for the payment of which its full faith and credit is pledged or (y) obligations of a
Person controlled or supervised by and acting as an agency or instrumentality of such government the payment of which is unconditionally
guaranteed as a full faith and credit obligation by such government, which, in either case, are not callable or redeemable at the
option of the issuer thereof and shall also include a depositary receipt issued by a bank (as defined in Section 3(a)(2) of the
Securities Act) as custodian with respect to any Government Obligation where the relevant government is the United States of America
or a specific payment of principal of or interest on any such Government Obligation held by such custodian for the account of the
holder of such depositary 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 depository receipt from any amount received by the custodian in respect
of such Government Obligation or the specific payment of principal of or interest on such Government Obligation evidenced by such
depository receipt.

 

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(2) In
the event of an election to have Section 1302 apply to any Securities or any series of Securities, as the case may
be, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (x) the Company has received from, or there
has been published by, the Internal Revenue Service a ruling, or (y) since the date 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 shall confirm that, the
Holders of the Outstanding Securities of such series will not recognize 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, in the same manner and
at the same times as would have been the case if such deposit, defeasance and discharge had not occurred.

 

(3) In
the event of an election to have Section 1303 apply to any Securities or any series of Securities, as the case may
be, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of the Outstanding Securities
of such series will not recognize 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, in the same manner and at the same times as would have been the case
if such deposit and covenant defeasance had not occurred.

 

(4) The
Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, together stating that all
conditions precedent provided for relating to either the legal defeasance under Section 1302 or the covenant defeasance
under Section 1303 (as the case may be) have been complied with.

 

(5) Such
legal defeasance or covenant defeasance shall not result in the trust arising from such deposit constituting an investment company
as defined in the Investment Company Act, or such trust shall be qualified under such act or exempt from regulation thereunder.

 

(6) At
the time of such deposit, (A) no default in the payment of any principal of or premium or interest on any Senior Debt shall have
occurred and be continuing, (B) no event of default with respect to any Senior Debt shall have resulted in such Senior Debt becoming,
and continuing to be, due and payable prior to the date on which it would otherwise have become due and payable (unless payment
of such Senior Debt has been made or duly provided for), and (C) no other event of default with respect to any Senior Debt shall
have occurred and be continuing permitting (after notice or lapse of time or both) the holders of such Senior Debt (or a trustee
on behalf of such holders) to declare such Senior Debt due and payable prior to the date on which it would otherwise have become
due and payable or; in the case of either clause (A), (B) or (C) above, each such default or event of default shall have
been cured or waived or shall have ceased to exist.

 

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Section
1305.      Deposited Money and Government Obligations to be Held in Trust; Other Miscellaneous Provisions.

 

Subject to the provisions
of the last paragraph of Section 1003, all money and Government Obligations (including the proceeds thereof) deposited
with the Trustee (or other qualifying trustee (solely for purposes of this Section and Section 1306, the Trustee
and any such other trustee are referred to collectively, for purposes of this Section 1305, as the “Trustee”)
pursuant to Section 1304 in respect of the Securities of such series shall be held in trust and applied by the Trustee,
in accordance with the provisions of such Securities of such series 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 Holders of the Securities
of such series, of all sums due and to become due thereon in respect of principal (and premium, if any) and interest, but such
money need not be segregated from other funds except to the extent required by law.

 

The Company shall pay
and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Government Obligations deposited
pursuant to Section 1304 or the principal and interest received in respect thereof other than any such tax, fee or
other charge which by law is for the account of the Holders of the Outstanding Securities.

 

Anything in this Article
Thirteen to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company
Request any money or Government Obligations held by it as provided in Section 1304 which, in the opinion of a nationally
recognized firm of independent public accountants (or a nationally recognized investment banking firm or the principal financial
officer of the Company, as appropriate) expressed in a written certification thereof delivered to the Trustee, are in excess of
the amount thereof which would then be required to be deposited to effect an equivalent legal defeasance or covenant defeasance.

 

Section
1306.       Reinstatement.

 

If the Trustee or the
Paying Agent is unable to apply any money in accordance with Section 1302 or 1303 by reason of any
order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then
the Company’s obligations under this Indenture and the Securities of such series shall be revived and reinstated as though
no deposit had occurred pursuant to this Article Thirteen until such time as the Trustee or Paying Agent is permitted
to apply all such money in accordance with Section 1302 or 1303; provided, however, that if
the Company makes any payment of principal of (and premium, if any) or interest on any Security following the reinstatement of
its obligations, the Company shall be subrogated to the rights of the Holders of the Securities of such series to receive such
payment from the money held by the Trustee or the Paying Agent.

 

Section
1307.       Deposited Money and Government Obligations to be Held in Trust.

 

Subject to the provisions
of the last paragraph of Section 1003, all money and Government Obligations (or other property as may be provided
pursuant to Section 301) (including the proceeds thereof) deposited with the Trustee pursuant to Section 1304
in respect of any Securities of any series shall be held in trust and applied by the Trustee, in accordance with the provisions
of such Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting
as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities of all sums due and to become due thereon
in respect of principal, premium, if any, and interest, if any, but such money need not be segregated from other funds except as
provided herein and except to the extent required by law.

 

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Article
Fourteen

SUBORDINATION OF SECURITIES

 

Section
1401.       Securities Subordinate to Senior Debt.

 

The Company covenants
and agrees, and each Holder of Securities of any series by the Holder’s acceptance thereof, likewise covenants and agrees,
that, to the extent and in the manner hereinafter set forth in this Article, subject to the provisions of Article Four
and Article Thirteen and except as may otherwise be specified as contemplated by Section 301 and
set forth in the Securities of a series, the indebtedness represented by the Securities of such series and the payment of the principal
of and any premium and interest on each and all of the Securities of such series are hereby expressly made subordinate and junior
in right of payment to the prior payment in full of all amounts then due and payable in respect of all Senior Debt of the Company,
to the extent and in the manner herein set forth (unless a different manner is set forth for the Securities of such series as contemplated
by Section 301). No provision of this Article shall prevent the occurrence of any default or Event of Default hereunder.

 

Senior Debt shall not
be deemed to have been paid in full unless the holders thereof shall have received cash, securities or other property equal to
the amount of such Senior Debt then outstanding.

 

Section
1402.       Payment Over of Proceeds Upon Dissolution, Etc.

 

In the event of:

 

(i)       any
insolvency, bankruptcy, receivership, liquidation, reorganization, readjustment, composition or other similar proceeding relating
to the Company or its property,

 

(ii)       any
proceeding for the liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary, or bankruptcy
proceedings,

 

(iii)       any
assignment by the Company for the benefit of its creditors, or

 

(iv)       any
other marshalling of the assets of the Company,

 

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all Senior Debt shall first be paid in
full before any payment or distribution, whether in cash, securities or other property, shall be made by the Company on account
of the Securities of any series. Any payment or distribution, whether in cash, securities or other property (other than securities
of the Company or any other corporation provided for by a plan or reorganization or a readjustment, the payment of which is subordinate,
at least to the extent provided in these subordination provisions with respect to the indebtedness evidenced by the Securities
of any series, to the payment of all Senior Debt at the time outstanding and to any securities issued in respect thereof under
any such plan of reorganization or readjustment), which would otherwise (but for these subordination provisions) be payable or
deliverable in respect to the Securities of any series shall be paid or delivered directly to the holders of Senior Debt in accordance
with the priorities then existing among such holders until all Senior Debt shall have been paid in full. No present or future holder
of any Senior Debt shall be prejudiced in the right to enforce subordination of the indebtedness constituting the Securities of
any series by any act of failure to act on the part of the Company.

 

Section
1403.       Default on Senior Debt.

 

If the Company defaults
in the payment of any principal of (or premium, if any) or interest on any Senior Debt when it becomes due and payable, whether
at maturity or at a date fixed for prepayment or by declaration or otherwise, then, unless and until such default is cured or waived
or ceases to exist, the Company shall make no direct or indirect payment (in cash, property, securities, by set-off or otherwise,
but excluding payments in Junior Securities) in respect of the principal of or interest on the Securities of any series or in respect
of any redemption, retirement, purchase or other requisition of any Securities of any series.

 

Section
1404.       Acceleration of Securities.

 

In the event of the acceleration
of the maturity of the Securities of any series, the holders of all senior debt securities of the Company outstanding at the time
of such acceleration, subject to any security interest, shall first be entitled to receive payment in full of all amounts due on
such senior debt securities before the holders of the Securities of such series shall be entitled to receive any payment of principal
(and premium, if any) or interest on the Securities of such series, other than payments in Junior Securities.

 

Section
1405.       Payments to be held in Trust.

 

If any payment or distribution
under the Securities of any series is knowingly received by the Trustee in contravention of any of the terms of this Indenture
and before all the Senior Debt has been paid in full (other than payments in Junior Securities to the extent permitted elsewhere
in this Indenture), such payment or distribution or security will be received in trust for the benefit of, and paid over or delivered
and transferred to, the holders of the Senior Debt at the time outstanding in accordance with the priorities then existing among
such holders for application to the payment of all Senior Debt remaining unpaid to the extent necessary to pay all such Senior
Debt in full.

 

Section
1406.       Subrogation to Rights of Holders of Senior Debt.

 

Upon the payment in full
of all Senior Debt, the rights of the holders of Securities of any series shall be subrogated to all the rights of any holders
of Senior Debt to receive any further payments or distributions applicable to the Senior Debt until the Securities of such series
shall have been paid in full, and such payments or distributions received by the Holders of Securities of such series by reason
of such subrogation, of cash, securities or other property which otherwise would be paid or distributed to the holders of Senior
Debt, shall, as between the Company and its creditors other than the holders of Senior Debt, on the one hand, and the Holders of
Securities of any series, on the other, be deemed to be a payment by the Company on account of Senior Debt, and not on account
of the Securities of such series.

 

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Section
1407.       Provisions Solely to Define Relative Rights.

 

The provisions of this
Article are and are intended solely for the purpose of defining the relative rights of the Holders of Securities of any series
on the one hand and the holders of Senior Debt on the other hand. Nothing contained in this article or elsewhere in the Indenture
or in the Securities of such series is intended to or shall

 

(a)       impair,
as among the Company, its creditors other than holders of Senior Debt and the Holders of Securities of such series, the obligation
of the Company, which is absolute and unconditional (and which, subject to the rights under this Article of the holders of Senior
Debt, is intended to rank equally with all other general obligations of the Company), to pay to the Holders of Securities of such
series the principal of (and premium, if any) and interest on, the Securities of such series as and when the same shall become
due and payable in accordance with their terms; or

 

(b)       affect
the relative rights against the Company of the Holders of Securities of such series and creditors of the Company, as the case may
be, other than the holders of Senior Debt; or

 

(c)       prevent
the Trustee or the Holder of any Securities of such series from exercising all remedies otherwise permitted by applicable law upon
default under this Indenture, subject to the rights, if any, under this Article of the holders of Senior Debt to receive cash,
property and securities otherwise payable or deliverable to the Trustee or such Holder.

 

Section
1408.       Trustee to Effectuate Subordination.

 

Each Holder of Securities
of any series by such Holder’s acceptance thereof authorizes and directs the Trustee on such Holder’s behalf to take
such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee
his attorney-in-fact for any and all such purposes.

 

Section
1409.       No Waiver of Subordination Provisions.

 

No right of any present
or future holder of any Senior Debt to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired
by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or
by any noncompliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof
any such holder may have or be otherwise charged with.

 

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Without in any way limiting
the generality of the foregoing paragraph, the holders of Senior Debt may, at any time and from time to time, without the consent
of or notice to the Trustee or the Holders of the Securities of any series, without incurring responsibility to the Holders of
the Securities of such series and without impairing or releasing the subordination provided in this Article or the obligations
hereunder of the Holders of Securities of such series to the holders of Senior Debt, do any one or more of the following:

 

(a)       change
the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt, or otherwise amend or supplement
in any manner Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding;

 

(b)       sell,
exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt;

 

(c)       release
any Person liable in any manner for the collection of Senior Debt; and

 

(d)       exercise
or refrain from exercising any rights against the Company and any other Person.

 

Section
1410.     Notice to Trustee.

 

The Company shall give
prompt written notice to the Trustee of any fact known to the Company which would prohibit the making of any payment to or by the
Trustee in respect of the Securities of any series pursuant to the provisions of this Article. Notwithstanding the provisions of
this Article or any other provision of the Indenture, the Trustee shall not be charged with knowledge of the existence of any facts
which would prohibit the making of any payment to or by the Trustee in respect of any Securities of any series pursuant to the
provisions of this Article, unless and until the Trustee shall have received written notice thereof from the Company or a holder
or holders of Senior Debt or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee shall
be entitled in all respects to assume that no such facts exist; provided, however, that if the Trustee shall not have received
the notice provided for in this Section at least two Business Days prior to the date upon which by the terms hereof any money may
become payable for any purpose (including, without limitation, the payment of the principal of (or premium, if any) or interest
on any Securities of any series), then, anything herein contained to the contrary notwithstanding, the Trustee shall have full
power and authority to receive such moneys and to apply the same to the purpose for which they were received and shall not be affected
by any notice to the contrary that may be received by it within two Business Days prior to such date.

 

Subject to the provisions
of Section 603(1), the Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing
himself to be a holder of Senior Debt (or a trustee therefor) to establish that such notice has been given by a holder of Senior
Debt (or a trustee therefor). In the event that the Trustee determines in good faith that further evidence is required with respect
to the right of any Person as a holder of Senior Debt to participate in any payment of distribution pursuant to this Article, the
Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Debt
held by such Person, the extent to which such Person is entitled to participate in such payment or distribution and any other facts
pertinent to the rights of such Person under this Article, and if such evidence is not furnished, the Trustee may defer any payment
to such Person pending judicial determination as to the right of such Person to receive such payment.

 

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Section
1411.       Reliance On Judicial Order or Certificate of Liquidating Agent.

 

Upon any payment or distribution
of assets of the Company referred to in this Article, the Trustee, subject to the provisions of Section 603, and
the Holders of Securities of any series shall be entitled to conclusively rely upon any order or decree entered by any court of
competent jurisdiction in which such insolvency, bankruptcy, receivership, liquidation, reorganization, dissolution, winding up
or similar case or proceeding is pending, or a certificate of the trustee in bankruptcy, receiver, liquidating trustee, custodian,
assignee for the benefit of creditors, agent or other Person making such payment or distribution, delivered to the Trustee or to
the Holders of Securities of such series, for the purpose of ascertaining the Persons entitled to participate in such payment or
distribution, the holders of the Senior Debt and other indebtedness of the Company, as the case may be, the amount thereof or payable
thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article.

 

Section
1412.       Trustee Not Fiduciary for Holders of Senior Debt.

 

With respect to the holders
of Senior Debt, the Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically
set forth in this Article, and no implied covenants or obligations with respect to the holders of such Senior Debt shall be read
into this Indenture against the Trustee. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Debt
with respect to its obligations and duties created hereunder and shall not be liable to any such holders or creditors if it shall
in good faith pay over or distribute to Holders of Securities of any series or to the Company or to any other Person cash, property
or securities to which any holders of Senior Debt shall be entitled by virtue of this Article or otherwise.

 

Section
1413.       Rights of Trustee As Holder of Senior Debt; Preservation of Trustee’s Rights.

 

The Trustee in its individual
capacity shall be entitled to all the rights set forth in this Article with respect to any Senior Debt which may at any time be
held by it, to the same extent as any other holder of Senior Debt, and nothing in the Indenture shall deprive the Trustee of any
of its rights as such holder.

 

Nothing in this Article
shall apply to claims of, or payments to, the Trustee under or pursuant to Section 607.

 

Section
1414.       Article Applicable to Paying Agents.

 

In case at any time any
Paying Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term “Trustee”
as used in this Article shall in such case (unless the context otherwise requires) be construed as extending to and including such
Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article in addition
to or in place of the Trustee; provided, however, that this Section shall not apply to the Company or any Affiliate of the
Company if it or such Affiliate acts as Paying Agent.

 

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Section
1415.       Certain Conversions or Exchanges Deemed Payment.

 

For the purposes of this
Article only, (a) the issuance and delivery of securities which are subordinate in right of payment to all then outstanding Senior
Debt to substantially the same extent as the Securities are so subordinate (“Junior Securities”) (or
cash paid in lieu of fractional shares) upon conversion or exchange of Securities of any series as contemplated by Section
301, shall not be deemed to constitute a payment or distribution on account of the principal of or premium or interest
on Securities of such series or on account of the purchase or other acquisition of Securities of such series and (b) the payment,
issuance or delivery of cash, property or securities (other than Junior Securities and cash paid in lieu of fractional shares)
upon conversion or exchange of Securities of any series shall be deemed to constitute payment on account of the principal of such
Securities of such series. Nothing contained in this Article or elsewhere in the Indenture or in the Securities of any series is
intended to or shall impair, as among the Company, its creditors other than holders of Senior Debt and the Holders of Securities
of such series the right, which is absolute and unconditional, of the Holder of any Securities of such series to convert or exchange
such Securities of such series in accordance with the terms specified as contemplated by Section 301.

 

Section
1416.       Defeasance of This Article Fourteen.

 

The subordination of
the Securities provided by this Article Fourteen is expressly made subject to the provisions for legal defeasance
or covenant defeasance in Article Thirteen hereof and, anything herein to the contrary notwithstanding, upon the
effectiveness of any such legal defeasance or covenant defeasance, the Securities than outstanding shall thereupon cease to be
subordinated pursuant to this Article Fourteen.

 

Article
Fifteen

MEETING OF HOLDERS OF SECURITIES

 

Section
1501.       Purposes for which Meetings may be Called.

 

A meeting of Holders
of Securities of any or all series of Securities may be called at any time and from time to time pursuant to this Article to make,
give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture
to be made, given or taken by Holders of Securities of such series.

 

Section
1502.       Call, Notice and Place of Meetings.

 

(a)       The
Trustee may at any time call a physical or telephonic meeting of Holders of Securities of any series for any purposes specified
in Section 1501, to be held at any such time and at such place as the Trustee shall determine. Notice of every meeting
of Holders of Securities of any series, setting forth the time and the place of such meeting and in general terms the action proposed
to be taken at such meeting, shall be given, in the manner provided in Section 106, not less than 21 nor more than
180 days prior to the date fixed for the meeting.

 

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(b)       In
case at any time the Company, pursuant to a Board Resolution, or the Holders of at least 10% in principal amount of the Outstanding
Securities of any series shall have requested the Trustee to call a physical or telephonic meeting of the Holders of Securities
of such series for any purpose specified in Section 1501 and have provided sufficient funds to cover the costs for
the delivery of notice of such meeting, by written request setting forth in reasonable detail the action proposed to be taken at
the meeting, and the Trustee shall not have made the first publication of the notice of such meeting within 21 days after receipt
of such request or shall not thereafter proceed to cause the meeting to be held as provided herein, then the Company or the Holders
of Securities of such series in the amount above specified, as the case may be, may determine the time and the place for such meeting
and may call such meeting for such purposes by giving notice thereof as provided in subsection (a) of this Section.

 

Section
1503.       Persons Entitled to Vote at Meetings.

 

Upon the calling of a
meeting of Holders with respect to the Securities of a series all or part of which are represented by a Security, a record date
shall be established for determining Holders of Outstanding Securities of such series entitled to vote at such meeting, which record
date shall be the close of business on the day the notice of the meeting of Holders is given in accordance with Section 1502.
The Holders on such record date, and their designated proxies, and only such Persons, shall be entitled to vote at such meeting
of Holders. To be entitled to vote at any meeting of Holders, a Person shall (a) be a Holder of one or more Securities or (b) be
a Person appointed by an instrument in writing as proxy by a Holder of one or more Securities; provided, however, that in
the case of any meeting of Holders with respect to the Securities of a series all or part of which are represented by a Security,
only Holders, or their designated proxies, of record on the record date established pursuant to Section 1503 hereof
shall be entitled to vote at such meeting. The only Persons who shall be entitled to be present or to speak at any meeting of Holders
shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel
and any representatives of the Company and its counsel.

 

Section
1504.       Quorum; Action.

 

The Persons entitled
to vote a majority in principal amount of the Outstanding Securities of a series shall constitute a quorum for a meeting of Holders
of Securities of such series; provided, however, that if any action is to be taken at such meeting with respect to a consent
or waiver which this Indenture expressly provides may be given by the Holders of not less than 50% in principal amount of the Outstanding
Securities of a series, the Persons entitled to vote 50% in principal amount of the Outstanding Securities of such series shall
constitute a quorum. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall,
if convened at the request of Holders of Securities of such series, be dissolved. In any other case the meeting may be adjourned
for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In
the absence of a quorum at any such adjourned meeting, such adjourned meeting may be further adjourned for a period of not less
than 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening
of any adjourned meeting shall be given as provided in Section 1502(a), except that such notice need be given only
once not less than five days prior to the date on which the meeting is scheduled to be reconvened. Notice of the reconvening of
an adjourned meeting shall state expressly the percentage, as provided above, of the principal amount of the Outstanding Securities
of such series which shall constitute a quorum.

 

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Except as limited by
the proviso to the first paragraph of Section 902, any resolution presented to a meeting or adjourned meeting duly
reconvened at which a quorum is present as aforesaid may be adopted by the affirmative vote of the Holders of a majority in principal
amount of the Outstanding Securities of that series; provided, however, that, except as limited by the proviso to the first
paragraph of Section 902, any resolution with respect to any consent or waiver which this Indenture expressly provides
may be given by the Holders of not less than 50% in principal amount of the Outstanding Securities of a series may be adopted at
a meeting or an adjourned meeting duly convened and at which a quorum is present as aforesaid only by the affirmative vote of the
Holders of 50% in principal amount of the Outstanding Securities of that series; and provided, further, that, except as
limited by the proviso to the first paragraph of Section 902, any resolution with respect to any request, demand,
authorization, direction, notice, consent, waiver or other action which this Indenture expressly provides may be made, given or
taken by the Holders of a specified percentage, which is less than a majority, in principal amount of the Outstanding Securities
of a series may be adopted at a meeting or any adjourned meeting duly reconvened and at which a quorum is present as aforesaid
by the affirmative vote of the Holders of such specified percentage in principal amount of the Outstanding Securities of that series.

 

Any resolution passed
or decision taken at any meeting of Holders of Securities of any series duly held in accordance with this Section shall be binding
on all the Holders of Securities of such series and the related coupons, whether or not present or represented at the meeting.

 

Section
1505.       Determination of Voting Rights; Conduct and Adjournment of Meetings.

 

(a)       Notwithstanding
any other provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem advisable for any meeting
of Holders of Securities of a series in regard to proof of the holding of Securities of such series and of the appointment of proxies
and in regard to the appointment and duties of inspectors of votes, the submission and examination of proxies, certificates and
other evidence of the right to vote, and such other matters concerning the conduct of the meeting as is shall deem appropriate.
Except as otherwise permitted or required by any such regulations, the holding of Securities shall be proved in the manner specified
in Section 104 and the appointment of any proxy shall be proved in the manner specified in Section 104
or by having the signature of the person executing the proxy witnessed or guaranteed by any trust company, bank or banker authorized
by Section 104. Such regulations may provide that written instruments appointing proxies, regular on their face,
may be presumed valid and genuine without the proof specified in Section 104 or other proof.

 

(b)       The
Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called
by the Company or by Holders of Securities as provided in Section 1502(b), in which case the Company or the Holders
of Securities of the series calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent
chairman and a permanent secretary of the meeting shall be elected by vote of the Persons entitled to vote a majority in principal
amount of the Outstanding Securities of such series represented at the meeting.

 

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(c)       At
any meeting each Holder of a Security of such series or proxy shall be entitled to one vote for each $1,000 principal amount of
the Outstanding Securities of such series held or represented by him; provided, however, that no vote shall be cast or counted
at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding.
The chairman of the meeting shall have no right to vote, except as a Holder of a Security of such series or proxy.

 

(d)       Any
meeting of Holders of Securities of any series duly called pursuant to Section 1502 at which a quorum is present
may be adjourned from time to time by Persons entitled to vote a majority in principal amount of the Outstanding Securities of
such series represented at the meeting; and the meeting may be held as so adjourned without further notice.

 

Section
1506.       Counting Votes and Recording Action of Meetings.

 

The vote upon any resolution
submitted to any meeting of Holders of Securities of any series shall be by written ballots on which shall be subscribed the signatures
of the Holders of Securities of such series or of their representatives by proxy and the principal amounts and serial numbers of
the Outstanding Securities of such series held or represented by them. The permanent chairman of the meeting shall appoint two
inspectors of votes who shall count all votes cast at the meeting for or against any resolution and who shall make and file with
the secretary of the meeting their verified written reports in duplicate of all votes cast at the meeting. A record, at least in
duplicate, of the proceedings of each meeting of Holders of Securities of any series shall be prepared by the secretary of the
meeting and there shall be attached to said record the original reports of the inspectors of votes on any vote by ballot taken
thereat and affidavits by one or more persons having knowledge of the facts setting forth a copy of the notice of the meeting and
showing that said notice was given as provided in Section 1502 and, if applicable, Section 1504. Each
copy shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one such copy shall
be delivered to the Company, and another to the Trustee to be preserved by the Trustee, the latter to have attached thereto the
ballots voted at the meeting. Any record so signed and verified shall be conclusive evidence of the matters therein stated.

 

This instrument may
be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument.

 

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

 

	 	CAMBER ENERGY, INC.
	 	 
	 	By	 

	 	Name:	 

	 	Title:	 

 

	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,
Trustee
	 	 
	 	By:	 

	 	Name:	 

	 	Title:	 

 

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