Document:

Exhibit 10.1

        

       

      

      Execution Copy

       

      

      SHARE ACQUISITION AGREEMENT

      

      

      among

       

      

      BANK7 CORP.

      Oklahoma City, Oklahoma

      

      

      and

      

      

      WATONGA BANCSHARES, INC.

      Watonga, Oklahoma

       

      

      and

      

      

      CORNERSTONE BANK

      Watonga, Oklahoma

      

      

      and

      

      

      RANDY BARRETT

      Solely in his capacity as Representative

       

      

      
        

        
          

        

      

      
      SHARE ACQUISITION AGREEMENT

       

      TABLE OF CONTENTS

       

      

      	   	
              Page

            
	 	 
	
              ARTICLE I. DEFINITIONS

            	
              2

            
	 	
              1.1

            	
              Definitions.

            	2

            
	 	
              1.2

            	
              Other Terms.

            	
              8

            
	 	
              1.3

            	
              Other Definitional Provisions

            	
              8

            
	 	 	 
	
              ARTICLE II. THE SHARE ACQUISITION

            	
              8

            
	 	
              2.1

            	
              Effective Time of the Share Acquisition.

            	
              8

            
	 	
              2.2

            	
              Closing

            	
              9

            
	 	
              2.3

            	
              Effect of the Share Acquisition.

            	
              9

            
	 	
              2.4

            	
              Certificates of Incorporation and Bylaws.

            	
              9

            
	 	
              2.5

            	
              Deliveries at Closing

            	
              9

            
	 	
              2.6

            	
              Escrow Funds

            	
              11

            
	 	
              2.7

            	
              Representative Reserve Fund

            	
              11

            
	 	
              2.8

            	
              Vendor Contract Liabilities.

            	
              11

            
	 	
              2.9

            	
              Dissolution of WBI and the Bank Merger.

            	
              12

            
	 	
              2.10

            	
              Determination of Amounts

            	
              12

            
	 	 	 
	
              ARTICLE III. EFFECT OF THE SHARE ACQUISITION ON CAPITAL STOCK; SURRENDER OF CERTIFICATES

            	
              12

            
	 	
              3.1

            	
              Effect on Capital Stock.

            	
              12

            
	 	
              3.2

            	
              Dissenting Shares.

            	
              13

            
	 	
              3.3

            	
              Surrender of Certificates; Paying Agent.

            	
              13

            
	 	 	 
	
              ARTICLE IV. REPRESENTATIONS AND WARRANTIES OF WBI AND THE BANK

            	
              15

            
	 	
              4.1

            	
              Capital Structure of WBI and the Bank.

            	
              15

            
	 	
              4.2

            	
              Organization, Standing and Authority of WBI and the Bank.

            	
              16

            
	 	
              4.3

            	
              Subsidiaries

            	
              16

            
	 	
              4.4

            	
              Authorized and Effective Agreement; Consents and Approvals.

            	
              16

            
	 	
              4.5

            	
              Regulatory Reports and Agreements.

            	
              17

            
	 	
              4.6

            	
              Financial Statements.

            	
              18

            
	 	
              4.7

            	
              No Material Adverse Change

            	
              19

            
	 	
              4.8

            	
              Environmental Matters.

            	
              20

            
	 	
              4.9

            	
              Tax Matters.

            	
              21

            
	 	
              4.10

            	
              Legal Proceedings.

            	
              21

            
	 	
              4.11

            	
              Compliance with Laws.

            	
              21

            
	 	
              4.12

            	
              Employee Matters and ERISA.

            	
              22

            
	 	
              4.13

            	
              Certain Contracts.

            	
              23

            
	 	
              4.14

            	
              Brokers and Finders.

            	
              24

            
	 	
              4.15

            	
              Insurance

            	
              24

            
	 	
              4.16

            	
              Properties

            	
              24

            
	 	
              4.17

            	
              Transactions with Affiliates.

            	
              25

            
	 	
              4.18

            	
              Loans.

            	
              25

            
	 	
              4.19

            	
              Intellectual Property

            	
              25

            
	 	
              4.20

            	
              Disclosures.

            	
              26

            

      

      

      
        

        i

        
          

        

      

      	
              ARTICLE V. REPRESENTATIONS AND WARRANTIES OF BSVN

            	
              26

            
	 	
              5.1

            	
              Organization, Standing and Authority

            	
              26

            
	 	
              5.2

            	
              Authorized and Effective Agreement; Consents and Approvals.

            	
              26

            
	 	
              5.3

            	
              Legal Proceedings.

            	
              27

            
	 	
              5.4

            	
              BSVN Financial Statements.

            	
              27

            
	 	
              5.5

            	
              Compliance Matters.

            	
              28

            
	 	
              5.6

            	
              Financial Resources.

            	
              28

            
	 	
              5.7

            	
              Brokers and Finders

            	
              28

            
	 	
              5.8

            	
              Disclosures

            	
              28

            
	 	 	 
	
              ARTICLE VI. COVENANTS

            	
              28

            
	 	
              6.1

            	
              Commercially Reasonable Efforts.

            	
              28

            
	 	
              6.2

            	
              Consents.

            	
              29

            
	 	
              6.3

            	
              Investigation and Confidentiality

            	
              29

            
	 	
              6.4

            	
              Press Releases.

            	
              29

            
	 	
              6.5

            	
              Business of WBI and the Bank; Terminating Employee Plans.

            	
              30

            
	 	
              6.6

            	
              Shareholder Approval.

            	
              34

            
	 	
              6.7

            	
              No Solicitation

            	
              34

            
	 	
              6.8

            	
              Indemnification; Insurance

            	
              34

            
	 	
              6.9

            	
              Regulatory Approvals.

            	
              35

            
	 	
              6.10

            	
              Disclosure Supplements

            	
              36

            
	 	
              6.11

            	
              Failure to Fulfill Conditions

            	
              36

            
	 	
              6.12

            	
              Employee Matters

            	
              36

            
	 	
              6.13

            	
              Environmental Assessments.

            	
              36

            
	 	
              6.14

            	
              Conforming Accounting Adjustments

            	
              37

            
	 	
              6.15

            	
              Termination of Retirement & Employee Savings Plans.

            	
              37

            
	 	
              6.16

            	
              Salary Continuation Agreements.  Bank shall:

            	
              38

            
	 	
              6.17

            	
              Bank-Owned Life Insurance

            	
              38

            
	 	
              6.18

            	
              Purchase or Terminate Insurance Policies

            	
              38

            
	 	 	 
	
              ARTICLE VII. CONDITIONS PRECEDENT

            	
              38

            
	 	
              7.1

            	
              Conditions Precedent – All Parties

            	
              38

            
	 	
              7.2

            	
              Conditions Precedent – The Bank

            	
              39

            
	 	
              7.3

            	
              Conditions Precedent – BSVN

            	
              39

            
	 	 	 
	
              ARTICLE VIII. TERMINATION, WAIVER AND AMENDMENT

            	
              40

            
	 	
              8.1

            	
              Termination

            	
              40

            
	 	
              8.2

            	
              Effect of Termination.

            	
              41

            
	 	
              8.3

            	
              Survival of Representations, Warranties and Covenants.

            	
              41

            
	 	
              8.4

            	
              Waiver

            	
              41

            
	 	
              8.5

            	
              Amendment or Supplement.

            	
              41

            
	 	 	 
	
              ARTICLE IX. INDEMNIFICATION

            	
              41

            
	 	
              9.1

            	
              Indemnification.

            	
              41

            
	 	
              9.2

            	
              Limitations on Amount of Indemnification.

            	
              42

            
	 	
              9.3

            	
              Indemnification Procedures

            	
              42

            
	 	
              9.4

            	
              Treatment of Indemnification Payments

            	
              43

            
	 	
              9.5

            	
              Exclusive Remedies

            	
              43

            

       

      

      
        

        ii

        
          

        

      

      	
              ARTICLE X. MISCELLANEOUS

            	
              44

            
	 	
              10.1

            	
              Appointment of Representative

            	
              44

            
	 	
              10.2

            	
              Expenses

            	
              44

            
	 	
              10.3

            	
              Entire Agreement

            	
              44

            
	 	
              10.4

            	
              Assignment; Successors; Third-Party Beneficiaries

            	
              44

            
	 	
              10.5

            	
              Specific Performance; Remedies Not Exclusive

            	
              45

            
	 	
              10.6

            	
              Attorneys’ Fees

            	
              45

            
	 	
              10.7

            	
              Notices

            	
              45

            
	 	
              10.8

            	
              Counterparts

            	
              46

            
	 	
              10.9

            	
              Alternative Structure

            	
              46

            
	 	
              10.10

            	
              Governing Law

            	
              46

            
	 	
              10.11

            	
              Further Assurances

            	
              46

            

       

      	
              Schedule I

            	
              Schedule of Required WBI or Bank Payments

            
	 	 
	
              Exhibit A

            	
              Form of Certificate of Share Acquisition

            
	
              Exhibit B

            	
              Form of Escrow Agreement

            
	
              Exhibit C

            	
              Form of Restrictive Covenant Agreement

            
	
              Exhibit D

            	
              Form of Shareholder Voting Agreement

            
	
              Exhibit E

            	
              Form of Dissolution Certificate

            
	
              Exhibit F

            	
              Form of Bank Merger Agreement

            

      

      

      
        

        iii

        
          

        

      

      
      SHARE ACQUISITION AGREEMENT

       

      THIS SHARE ACQUISITION AGREEMENT (this “Agreement”) is executed and delivered on this 6th day of October, 2021, by and between
        Bank7 Corp., an Oklahoma corporation having its head office in Oklahoma City, Oklahoma (“BSVN”), Watonga Bancshares, Inc., an Oklahoma corporation (“WBI”), Cornerstone Bank, Watonga, Oklahoma, an Oklahoma banking corporation (the “Bank”),

        and Randy Barrett, solely in his capacity as the Representative (as defined below).

       

      W I T N E S S E T H:

       

      WHEREAS, WBI is a registered bank holding company which owns and controls all (100%) of the issued and outstanding shares
        of stock of the Bank, and BSVN is a registered bank holding company which is publicly traded on the Nasdaq exchange and which holds all (100%) of the issued and outstanding shares of stock of Bank7, Oklahoma City, Oklahoma, an Oklahoma banking
        corporation (“Bank7”); and

       

      WHEREAS, the Boards of Directors of BSVN, WBI and the Bank have approved, and deem it advisable and in the best interests
        of their respective shareholders to consummate, the share acquisition transaction provided for herein in which BSVN will acquire all of the outstanding shares of WBI and thereby also acquire control of all of the outstanding shares of Bank (the “Share Acquisition”);

        and

       

      WHEREAS, immediately following the Share Acquisition, BSVN desires to cause WBI to be dissolved as a corporation and
        liquidated into BSVN (the “Dissolution”), and further immediately following the Dissolution, the Bank to merge with and into Bank7 (the “Bank Merger”) in accordance with the Bank Merger Agreement (as defined below); and

       

      WHEREAS, concurrently with the execution and delivery of this Agreement and as a condition and inducement to BSVN’s
        willingness to enter into this Agreement, certain shareholders of WBI are concurrently entering into a Shareholder Voting Agreement with BSVN pursuant to which each such shareholder will agree to vote his or her shares of WBI Common Stock (as
        defined below) in favor of the Agreement and the Share Acquisition; and

       

      WHEREAS, the parties desire to make certain representations, warranties, covenants and agreements in connection with the
        Share Acquisition and also to prescribe various conditions to the Share Acquisition.

       

      

      

      NOW, THEREFORE, in consideration of the premises and of the mutual covenants, representations, warranties and agreements
        herein contained, the parties do hereby agree as follows:

       

      

      
        

        1

        
          

        

      

      
        ARTICLE I.

         DEFINITIONS

         

        1.1          Definitions. As used in
          this Agreement, the following terms shall have the meanings set forth or referenced below:

         

        “Acquisition Consideration Per Share” shall mean an amount in cash equal to (i) the Initial Per Share Payment Amount, plus
          (ii) the right to receive a Pro Rata Portion of the amount of the Escrow Fund (as defined below) remaining following the termination of the Escrow Fund in accordance with the terms thereof, plus (iii) the right to receive a Pro Rata
          Portion of the Representative Reserve Fund remaining following the termination of the Escrow Fund in accordance with the terms of the Escrow Agreement (as defined below).

         

        “Affiliate” shall mean any person or entity that directly or indirectly through one or more intermediaries, controls, is
          controlled by, or is under common control with, a referenced person or entity.

         

        “Aggregate Acquisition Consideration” shall mean an amount equal to (i) the dollar amount of WBI Equity Capital, minus
          (ii) the Dissenting Shares Equity Capital, plus (iii) a premium fixed in the amount of $9,250,000, minus (iv) any goodwill or other intangible assets of Bank or WBI, minus (iv) the amount of WBI Transaction Expenses.

         

        “Agreement” shall mean this Share Acquisition Agreement, as amended, supplemented or otherwise modified.

         

        “Allowance” shall mean the allowance for loan and lease losses of the Bank.

         

        

         “Audits” shall have the meaning set forth in Section 4.9.

         

        

        “Bank” shall have the meaning set forth in the preamble to this Agreement. 

         

        

        “Bank Common Stock” shall have the meaning set forth in Section 4.1(b). 

         

        

        “Bank Employee Plans” shall have the meaning set forth in Section 4.12(a).

         

          

        “Bank Financial Statements” shall mean the Bank’s (i) Consolidated Reports of Condition and Income for the year ended
          December 31, 2020, together with the related schedules thereto (as amended), (ii) Consolidated Report of Income and Condition for the six months ended June 30, 2021, together with the related schedules thereto (as amended), and (iii) the “Bank
          Additional Call Report” as described in Section 6.5(e).

         

        “Bank Merger” shall have the meaning set forth in the preamble to this Agreement.

         

        

        “Bank Merger Agreement” shall have the meaning set forth in Section 2.9(b). 

         

        

        “Bank Regulator” shall mean any federal or state agency charged with the supervision or regulation of banks or bank holding companies or engaged in
          the insurance of bank deposits or other Governmental Entity having supervisory or regulatory authority with respect to WBI or the Bank.

         

        

        
          2

          
            

          

        

        
          “Business Day” shall mean any day other than a Saturday, Sunday or any other day on which commercial banks in Oklahoma City, Oklahoma are
            authorized or required by law to close.

          

          

          “BSVN” shall have the meaning set forth in the preamble to this Agreement. “BSVN FR Y-9 Report” shall have the meaning set forth in Section 5.4.

           

          

          “BSVN Representatives” shall mean Tom Travis, having an email address of t.travis@bank7.com and a telephone number of (405) 810-8600, and J.T. Phillips, having an email address of j.phillips@bank7.com and a telephone number of (405) 810-8600.

          

          

          “Certificate of Share Acquisition” shall mean a Certificate of Share Acquisition substantially in the form attached hereto as Exhibit A.

          

          

          “Closing” shall have the meaning set forth in Section 2.2. “Closing Date” shall mean
            the date of the Closing.

           

          

          “Closing Financial Certificate” shall have the meaning set forth in Section 2.5(a)(iii).

          

          

          “Code” shall mean the Internal Revenue Code of 1986, as amended. “Confidentiality Agreement” shall have the meaning set forth in Section 6.3(b). “Damages” shall have the meaning set forth in Section 9.1(a).

            

          

          “Disclosure Schedules” means the written schedules prepared by WBI and the Bank, which schedules include the information specified in this
            Agreement and exceptions to the representations and warranties of WBI and the Bank, each of which is incorporated herein by reference as if a part hereof.

          

          

          “Dissenting Shares” shall have the meaning set forth in Section 3.2.

          

          

          “Dissenting Shares Equity Capital” means the total number of Dissenting Shares times the WBI Per Share Equity Amount;

          

          

          “Dissolution” shall have the meaning set forth in the preamble to this Agreement. “Effective Date” means the date on which the Effective Time
            occurs.

           

          

          “Effective Time” shall have the meaning set forth in Section 2.1.

          

          

          “Environmental Claim” means any written notice from any governmental authority or third party alleging potential liability (including, without
            limitation, potential liability for investigatory costs, cleanup costs, governmental response costs, natural resources damages, property damages, personal injuries or penalties) arising out of, based on, or resulting from the presence, or
            release into the environment, of any Materials of Environmental Concern.

          
            

            

            
              3

              
                

              

            

            “Environmental Laws” means any federal, state or local law, statute, ordinance, rule, regulation, code, license, permit, authorization,
              approval, consent, order, judgment, decree, injunction or agreement with any governmental entity relating to (a) the protection, preservation or restoration of the environment (including, without limitation, air, water vapor, surface water,
              groundwater, drinking water supply, surface or subsurface soil, plant and animal life or any other natural resource), and/or (b) the use, storage, recycling, treatment, generation, transportation, processing, handling, labeling, production,
              release or disposal of Materials of Environmental Concern.

            

            

          

          “ERISA” shall mean the Employee Retirement Income Security Act of 1974 as amended.

          

          

          “Escrow Agreement” shall mean the Escrow Agreement by and between the Representative, BSVN and The Bankers Bank (or such substitute agreeable to
            the parties), as escrow agent, substantially in the form attached hereto as Exhibit B.

          
            

            

            “Escrow Funds” shall have the meaning set forth in Section 2.6. 

             

            

            “FDIA” shall mean the Federal Deposit Insurance Act. 

             

            

            “FDIC” shall mean the Federal Deposit Insurance Corporation, or any successor thereto.

            

            

            “FRB” shall mean, as applicable, the Board of Governors of the Federal Reserve System or the Federal Reserve Bank having jurisdiction and acting
              pursuant to delegated authority.

            

            

            “GAAP” means  United States generally  accepted accounting  principles, consistently applied.

            

            

            “Governmental Entity” shall mean any federal or state court, administrative agency or commission or other governmental authority or
              instrumentality.

            

            

            “Indemnified Party” shall have the meaning set forth in Section 9.3(a).
              “Indemnifying Party” shall have the meaning set forth in Section 9.3(a). “Indemnitee Parties” shall have the meaning set forth in Section

                  6.8(a).

             

            

            “Indemnitor Party” shall have the meaning set forth in Section 6.8(a).

            

            

            “Initial Per Share Payment Amount” shall mean (i) the sum of (A) the Aggregate Acquisition Consideration less (B) the amount of the Escrow Funds (C) less the amount of the Representative Reserve Fund, divided by (ii) the number of WBI Acquisition Shares (as defined below) at the Effective Time.

             

            

          

          
            4

            
              

          

          “Investment Securities” shall mean WBI and the Bank’s U.S. government and agency securities, securities issued by states and political
            subdivisions, mortgage-backed securities, and any other debt securities held by WBI or the Bank.

          

          

          “Knowledge of the Bank” shall mean information that is actually known, or reasonably should have been known, to Randy Barrett, Judy Felder, Greg
            France or Danny Lawson.

          

          

          “Material Adverse Effect” shall mean any effect that is, or could reasonably be expected to be, material and adverse to the condition (financial
            or otherwise), results of operations, business, assets, liabilities, properties, or operation of WBI or the Bank including deposits of the Bank (excluding United States of America federal, state and local government deposits) being less as of
            the Closing Date than they were as of June 30, 2021 by $10,000,000 or more, regardless of the cause, or materially impairs the ability of WBI or the Bank to consummate the transactions contemplated by this Agreement or the other Transaction
            Documents. Notwithstanding any provision of this Agreement to the contrary, “Material Adverse Effect” shall not be deemed to include (i) changes in banking or similar laws of general applicability, (ii) changes in GAAP or regulatory accounting
            principles both issued publicly and becoming effective, after the date of this Agreement, (iii) actions or omissions of a party taken with a prior informed written consent of the other party in contemplation of the transactions contemplated by
            this Agreement, (iv) changes in general economic or market conditions in the banking industry, (v) changes in general levels of interest rates, or (vi) other events or changes affecting the banking industry as a whole except to the extent that
            such events or changes affect WBI or the Bank to a significantly greater degree than similar-sized bank holding companies or banks.

          

          

          “Materials of Environmental Concern” means pollutants, contaminants, wastes, toxic substances, petroleum and petroleum products and any other
            materials regulated under Environmental Laws.

           

          

          “OGCA” shall mean the Oklahoma General Corporation Act, as amended. “Ordinary course of business” whether capitalized or not, shall mean the
            customary meaning of the term and further shall include currently accepted standards of safe and sound banking practices and shall exclude currently accepted standards of unsafe and unsound banking practices, in each case for bank holding
            companies or banks similar in size and similarly situated to WBI or the Bank, respectively.

          

          

          “OSBD” shall mean the Oklahoma State Banking Department.

          

          

          “Past practices” whether capitalized or not, shall mean practices that are in material compliance with the requirements of applicable laws,
            regulations, published regulatory guidance, and accounting standards, that are consistent with recognized safe and sound banking practices, and that are not contrary, in any material respect, to Bank policy or procedure.

          

          

          “Paying Agent” shall have the meaning set forth in Section 3.3(a).

          

          

          “Person” shall mean any individual, corporation, partnership, joint venture, association, trust or “group” (as defined under the Securities
            Exchange Act of 1934).

           

          

          
            5

            
              

          

          “Pro Rata Portion” shall mean a fraction, expressed as a percentage, the numerator of which shall be the number of shares of WBI Acquisition
            Shares owned of record at the Effective Time by the shareholder for which the Pro Rata Portion is being determined and the denominator of which shall be the number of WBI Acquisition Shares at the Effective Time.

          

          

          “PTO” shall mean paid time off for employees of the Bank. 

           

          

          “Representative” shall have the meaning set forth in Section 10.1.

           

          

          “Representative Expenses” shall have the meaning set forth in Section 2.7. 

           

          

           “Representative Reserve Fund” shall have the meaning set forth in Section 2.7.

           

          

          “Restrictive Covenant Agreement” shall mean the Restrictive Covenant Agreement being executed by and between BSVN and each of the individuals
            identified and listed in Section 7.3(e) in conjunction with the execution and delivery of this Agreement (but effective as
            of the Closing), each in substantially the form attached hereto as Exhibit C.

          

          

          “Rights” shall mean warrants, options, rights, convertible securities and other arrangements or commitments which obligate an entity to issue or
            dispose of any of its capital stock or other ownership interests.

          

          

          “Salary Continuation Agreement” shall mean an agreement between the Bank and a Salary Continuation Executive providing for payments to the
            Salary Continuation Executive upon certain specified circumstances in the Agreement

          

          

          “Salary Continuation Executives” shall mean the following executive officers of Cornerstone with which the Bank has a Salary Continuation
            Agreement in effect: Danny Lawson, Greg France, Judy Felder, Lynn Barrett, and David Ennen.

          

          

          “Share Acquisition” shall have the meaning set forth in the recitals to this Agreement.

          

          

          “Shareholder Voting Agreement” shall mean the Shareholder Voting Agreement being executed by certain shareholders of WBI in conjunction with the
            execution and delivery of this Agreement, each in substantially the form attached hereto as Exhibit D.

          

          

          “Subsidiary” shall mean a corporation or other entity the voting securities of which are owned or otherwise controlled, directly or indirectly,
            by another entity in an amount sufficient to elect at least a majority of the Board of Directors or other governing body of such entity.

          

          

          “Tax Return” means any report, return or other information required to be supplied to a taxing authority with respect to Taxes, including,
            without limitation and where permitted or required, combined or consolidated returns for any group of entities that includes WBI and/or the Bank.

          

          

          “Taxes” means all federal, state, local or foreign taxes, fees and other charges, however denominated, including, without limitation, income,
            sales and use, excise, franchise, real and personal property, gross receipts, alternative minimum, intangible, license, transfer or payroll tax or charge imposed by any taxing authority, including, without limitation, any interest, penalties or
            additions to tax in respect of the foregoing.

          

          

          
            6

            
              

          

          “Transaction Documents” shall mean this Agreement and all other agreements, instruments, certificates and other documents to be entered into or
            delivered by any party hereto pursuant to this Agreement or any of the foregoing.

          

          

          “Vendor Contracts” shall mean those contracts set forth on Schedule 1.1.

          

          

          “Vendor Contract Liabilities” shall mean the total dollar amount of all termination, cancellation or de-conversion fees or costs related to the
            termination, cancelation or de-conversion of any Vendor Contracts.

          

          

          “WBI” shall have the meaning set forth in the preamble to this Agreement.

          

          

          “WBI Acquisition Shares” shall mean the WBI Common Stock excluding Dissenting Shares.

          

          

          “WBI Certificates” shall have the meaning set forth in Section 3.3(a).

          

          

          “WBI Common Stock” shall mean the common stock of WBI issued and outstanding to WBI shareholders immediately prior to Closing;

          

          

          “WBI Equity Capital” shall have the same meaning as and be calculated in accordance with the requirements for calculating “Total equity
            capital,” for “Schedule SC – Balance Sheet” of WBI’s “FR Y-9SP Parent Company Only Financial Statement,” provided such shall be calculated for WBI as of the end of the month immediately preceding the Closing rather than as of the period
            customary for calculation of such FR Y-9SP, and any amounts to be included in accordance with Sections 6.15, 6.16, 6.17 and 6.18;

          

          

          “WBI Financial Statements” shall mean (i) the parent company financial statements of WBI as filed on Form FR Y-9SP for the twelve-month period
            ended December 31, 2020, together with the memoranda items and notes thereto (as amended), (ii) the parent company financial statements of WBI as filed on Form FR Y-9SP for the six-month period ended June 30, 2021, together with the memoranda
            items and notes thereto (as amended).

          

          

          “WBI Per Share Equity Amount” shall mean the dollar amount of the WBI Equity Capital divided by the number of shares of WBI Common Stock;

          

          

          “WBI Transaction Expenses” shall mean (i) all costs and expenses incurred by WBI or Bank in connection with the transactions contemplated by
            this Agreement, including (A) fees and expenses of brokers and advisers, financial consultants, accountants, attorneys and other professionals providing services to WBI or Bank in connection with the transactions provided for by this Agreement,
            (B) Vendor Contract Liabilities, (C) 100% of the cost of insurance required to be purchased by WBI or Bank pursuant to Section 6.8(c), and (D) the termination of any retirement plan
            or employee savings plan contemplated by Section 6.15(b), in each case that have not been paid and expensed or accrued prior to the end of the month immediately preceding the Closing,
            and (ii) an estimate, based on an estimate WBI and/or the Bank obtains from its brokers and advisers, financial consultants, accountants and counsel, of the remaining fees WBI and Bank anticipate will be incurred by them through the Closing
            Date to the extent such remaining fees have not been paid and expensed or accrued prior to the end of the month immediately preceding the Closing.

          

          

          
            7

            
              

          

          1.2       Other Terms. Other terms may be defined elsewhere in the text of this Agreement and, unless otherwise indicated, shall have such meaning indicated throughout this Agreement.

          

          

          
            1.3        Other Definitional Provisions.

          

          

          

          (a)         Unless expressly provided
                otherwise, all references in this Agreement to Articles, Sections, subsections and other subdivisions refer to corresponding Articles, Sections, subsections and other subdivisions of this Agreement. Exhibits referred to herein are attached
                hereto and by this reference made a part hereof.

          

          

          (b)         Titles appearing at the
                beginning of any of such subdivisions are for convenience only, shall not constitute part of any such subdivision and shall be disregarded in construing the language contained in such subdivisions.

          

          

          (c)        The words “this Agreement,”
                “hereof”, “herein”, and “hereunder” and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provision of this Agreement.

          

          

          (d)          The words “include”, “includes”
                or “including” shall be deemed to be followed by the words “without limitation.”

          

          

          (e)         The terms defined in the
                singular shall have a comparable meaning when used in the plural, and vice versa. Whenever the context requires, the gender of all words used herein shall include the masculine, feminine and neuter.

          

          

          
            (f)          The terms “dollars” and “$” shall mean United States Dollars.

          

          

          

          (g)       Unless otherwise expressly
                provided herein, references to any law, statute, code, ordinance, rule, regulation or treaty or to any contract, lease, agreement, covenant, indenture, note, security, instrument, arrangement, commitment or any other binding written
                understanding that is defined or referred to herein means such document as from time to time amended, modified or supplemented, including (if applicable) by waiver or consent or by succession of comparable successor laws, statutes, codes,
                ordinances, rules, regulations or treaties and any reference in this Agreement to any such law, statute, code, ordinance or treaty shall be deemed to include any rules and regulations promulgated thereunder.

          

          

          ARTICLE II.

          THE SHARE ACQUISITION

          

          

          2.1        Effective Time of the Share Acquisition. Upon the terms and subject to the conditions of this Agreement, a Certificate of Share Acquisition shall be duly
                prepared, executed by BSVN and thereafter delivered to the Oklahoma Secretary of State for filing, as provided in the OGCA, on or prior to the Closing Date. The Share Acquisition shall become effective upon the filing of the
            Certificate of Share Acquisition with the Oklahoma Secretary of State or at such date and time thereafter as is provided in the Certificate of Share Acquisition (the “Effective Time”).

          

          

          
            8

            
              

          

          2.2        Closing. The closing of the transactions contemplated by this Agreement (the “Closing”), shall take place at such time and place as BSVN and WBI may
                mutually agree within five Business Days following the satisfaction or waiver of the conditions set forth in Article VII
                (other than the delivery of certificates and other instruments and documents to be delivered at the Closing); provided, if the foregoing would result in the Closing occurring within the first five days of a calendar month, the Closing shall
                occur on the first Business Day following the fifth day of such calendar month. Notwithstanding the foregoing, unless waived by WBI, in no event shall the Closing occur after the 15th day of a calendar month.

           

              

          2.3         Effect of the Share Acquisition. At the Effective Time, BSVN shall become the owner of all of the issued and outstanding capital stock of WBI, and WBI as the owner of all issued and outstanding capital stock of
                the Bank, shall become a wholly-owned subsidiary of BSVN, all without any further action on the part of WBI or BSVN, or any of their respective shareholders. The shareholders of WBI shall thereupon have no further rights in such shares
                which shall be automatically converted into the right to receive the consideration set forth herein.

          

          

          2.4         Certificates of Incorporation and Bylaws. The respective certificates of incorporation of WBI and BSVN, as in effect immediately prior to the Effective Time, shall remain in effect thereafter, unless and
                until amended as provided by applicable law. In addition, the respective bylaws of WBI and BSVN, as in effect immediately prior to the Effective Time, shall remain in effect thereafter, unless and until amended or repealed as provided by
                the bylaws, the respective certificates of incorporation and applicable law.

          

          

          
            2.5         Deliveries at Closing.

          

          

          

          (a)          At the Closing, the WBI and Bank,
                as applicable, shall deliver, or cause to be delivered, to BSVN:

          

          

          (i)          counterpart signature pages to
                each of the Transaction Documents (other than this Agreement, the Shareholder Voting Agreements and the Restrictive Covenant Agreements) to which WBI, the Bank, or any of its Affiliates are to be party that are to be executed at or prior to
                Closing;

          

          

          (ii)         a certificate executed by the
                Chairman or President of WBI and a certificate signed by the Chairman or President of the Bank, in each case certifying as to the matters described in Section 7.3(c);

          

          

          (iii)        a certificate (the “Closing Financial Certificate”) signed by the Chairman, President, Chief Financial Officer or Cashier, as applicable, of WBI and the Bank, certifying as to (A) the amount of WBI’s
                Equity Capital as of the end of the month immediately preceding the Closing, and (B) Bank’s Tier 1 Capital and Allowance as of the end of the month immediately preceding the Closing;

           

              

          
            9

            
              

          

          (iv)        a certificate signed by the
                Chairman, President, Executive Vice President or Chief Financial Officer of WBI and the Bank, certifying as to the total amount of WBI Transaction Expenses;

          

          

          (v)          certified copies of the
                certificate of incorporation and bylaws of each of WBI and the Bank, together with all amendments thereto;

          

          

          (vi)       a good standing certificate,
                dated no more than 10 Business Days prior to the Closing Date, issued by the Oklahoma Secretary of State, certifying as to the existence and good standing of each of WBI and the Bank in the State of Oklahoma;

          

          

          (vii)      a certified copy of the
                resolutions of the Board of Directors of each of WBI and the Bank approving the adoption of this Agreement, approving the dissolution of WBI and the merger of Bank and Bank7, and authorizing the execution of this Agreement and the
                Certificate of Dissolution of WBI;

          

          

          (viii)       a certified copy of the
                resolutions of the shareholders of each of WBI and the Bank approving the adoption of this Agreement and the Share Acquisition, the dissolution of WBI and merger of Bank and Bank7; and

          

          

          (ix)        all other certificates,
                schedules, or other items required to be delivered to BSVN by WBI or the Bank or any of their respective Affiliates, shareholders, officers or directors pursuant to this Agreement or any other Transaction Document and not theretofore
                delivered.

          

          

          
            (b)          At the Closing, BSVN shall deliver or cause to be delivered to WBI:

          

          

          

          (i)           counterpart signature pages to each of the Transaction Documents (other than this Agreement, the Shareholder Voting Agreements and the Agreements) to which BSVN or any of its Affiliates is to be party that
            are to be executed at or prior to Closing;

           

          

          
            (ii)          a certificate executed by the Chairman or President of BSVN certifying as to the matters described in Section 7.2(c);

          

          

          

          (iii)       a good standing certificate,
                dated no more than 10 Business Days prior to the Closing Date, issued by the Oklahoma Secretary of State, certifying as to the existence and good standing of BSVN in the State of Oklahoma;

          

          

          (iv)         certified copies of the
                resolutions of the Board of Directors of BSVN adopting this Agreement and authorizing the execution and delivery of this Agreement and the consummation of the Share Acquisition and other transactions contemplated hereby; and

          

          

          (v)        all other certificates,
                schedules, or other items required to be delivered by BSVN to the Bank or any of its Affiliates pursuant to this Agreement or any other Transaction Document and not theretofore delivered.

           

              

          
            10

            
              

          

          (c)         WBI and BSVN shall execute and
                deliver to each other all other instruments and assurances, and do all things, reasonably necessary and proper to effect the Share Acquisition and other transactions contemplated by this Agreement.

          

          

          2.6       Escrow Funds. Contemporaneously with the effectiveness of the Share Acquisition, a portion of the Aggregate Acquisition Consideration (the “Escrow Funds”)

                in the amount of two hundred fifty thousand dollars ($250,000) shall be paid by BSVN to the Escrow Agent (as defined in the Escrow Agreement) for deposit in the Escrow Account (as defined in the Escrow Agreement), thereby creating the
                Escrow Fund (as defined in the Escrow Agreement). The Escrow Fund shall be available through the Escrow Claim Period (as defined in the Escrow Agreement) for any Escrow Claim (as defined in the Escrow Agreement). On the next Business Day
                immediately following the expiration of the Escrow Claim Period, and in accordance with the Escrow Agreement, any Escrow Fund balance not subject to any claim(s) of BSVN made during the Escrow Claim Period after reduction of any fees and
                expenses due to the Escrow Agent or the Representative, shall be allocated and paid to the former holders of the WBI Acquisition Shares pro rata basis based on their respective Pro Rata Portion by the Escrow Agent as further specified in
                the Escrow Agreement. The terms of the Escrow Fund are set out in the Escrow Agreement attached hereto as Exhibit B which is to be signed by the parties hereto and exchanged at
                closing (the final agreed upon Escrow Agreement may vary from the form based upon requirements of the Escrow Agent). All escrow fees charged by the Escrow Agent shall be borne equally, i.e., 50% thereof by WBI as part of WBI Transaction
                Expenses and 50% by BSVN.

          

          

          2.7      Representative Reserve Fund. Contemporaneously with the effectiveness of the Share Acquisition, a portion of the Aggregate Acquisition Consideration in the amount of $20,000 (the “Representative Reserve Fund”) shall be paid by BSVN to the Representative for deposit in an account at the Bank thereby creating the Representative Reserve Fund. The Representative Reserve
            Fund shall be available through the expiration of the Escrow Claim Period to satisfy any costs and expenses the Representative incurs on behalf of the former holders of WBI Acquisition Shares under this Agreement (“Representative Expenses”) in connection with the Escrow Fund and any claims that might be asserted by BSVN under the Escrow Agreement. On the termination of the Escrow Agreement in accordance with the terms
            thereof, any Representative Reserve Fund balance not paid to satisfy any Representative Expenses shall be paid by the Representative to the former holders of the WBI Acquisition Shares in their respective Pro Rata Portion amounts.

          

          

          2.8          Vendor Contract Liabilities. WBI or the Bank shall pay and expense or accrue prior to the end of the month immediately preceding the Closing all Vendor Contract Liabilities in connection with the Vendor
                Contracts listed by WBI on Schedule 1.1 to the extent that WBI is reasonably able to determine the amount of such Vendor Contract Liabilities prior to such date. If WBI is not
                reasonably able to determine the amount of any such Vendor Contract Liabilities prior to such date, but is reasonably able to determine the amount of any of such Vendor Contract Liabilities thereafter and on or before the Closing Date, such
                amount shall be included as WBI Transaction Expenses. WBI and the Bank hereby represent and warrant to BSVN, as of the date hereof and as of the Closing Date, that all Vendor Contracts to which WBI or the Bank is a party, are listed
                accurately on Schedule 1.1, and that copies of all documents that WBI or the Bank shall have delivered or made available to BSVN pursuant to this Section 2.8 are true, correct and complete copies thereof and include all amendments, supplements and modifications thereto and all waivers thereunder.

          

          

          
            11

            
              

          

          
            2.9       Dissolution of WBI and the Bank Merger.

          

          

          

          (a)     Dissolution. Subject to obtaining all required regulatory and shareholder approvals, immediately following the Share Acquisition and contemporaneously with the Closing, WBI shall be dissolved in accordance with
                OGCA. The Dissolution shall have been approved by each of the boards of directors and by shareholders of WBI and BSVN, respectively, at the time of considering and approving this Agreement and the Share Acquisition. The Certificate of
                Dissolution required by OGCA shall be duly approved and executed by WBI as required by the OGCA to be effective and suitable for filing, and thereafter delivered to the Oklahoma Secretary of State by BSVN for filing, as provided in the
                OGCA, on or prior to the Closing Date. The Certificate of Dissolution shall provide that it shall become effective contemporaneously with or immediately following the Effective Time.

          

          

          (b)         Bank Merger. Subject to obtaining all required regulatory and shareholder approvals, immediately following the Effective Time and concomitantly with the Dissolution, the Bank shall be merged with and into Bank7
                pursuant to the terms of a bank merger agreement (the “Bank Merger Agreement”). The Bank Merger will be in accordance with the terms of the Bank Merger Agreement, applicable
                federal law and Oklahoma law. The Bank Merger shall have been approved by each of the boards of directors and by the sole shareholder of each of the Bank and Bank7, respectively, at the time of considering and approving this Agreement and
                the Share Acquisition. The Merger Certificate shall be duly approved and executed by the Bank and Bank7 as required by the OGCA to be effective and suitable for filing, and thereafter delivered to the Oklahoma Secretary of State by BSVN for
                filing, as provided in the OGCA, on or prior to the Closing Date. The Merger Certificate shall provide that it shall become effective contemporaneously with or immediately following the Dissolution.

          

          

          2.10       Determination of Amounts. No less than three Business Days, but not more than 10 Business Days, prior to the Closing, WBI will prepare in consultation with, and deliver to, BSVN, the calculation of the WBI
                Equity Capital, and the estimated Aggregate Acquisition Consideration, and Initial Per Share Payment Amount as of the close of business on the last day of the month immediately preceding the Closing Date. Bank and WBI will permit BSVN and
                its advisors reasonable access to the books, records and other documents of WBI and the Bank pertaining to or used in connection with the preparation of the WBI Equity Capital, and the estimated Aggregate Acquisition Consideration, and
                Initial Per Share Payment Amount.

          

          

          ARTICLE III.

          EFFECT OF THE SHARE ACQUISITION ON CAPITAL STOCK; 

          SURRENDER OF CERTIFICATES

          

          

          3.1        Effect on Capital Stock. Subject to the terms and conditions of this Agreement and pursuant to the provisions of Section 1091.1 of the Oklahoma General Corporation Act, at the Effective Time, without any action
                on the part of the holder of any share of WBI Common Stock:

           

              

          
            12

            
              

          

          (a)          each share of WBI Common Stock
                (other than Dissenting Shares) which is outstanding immediately prior to the Effective Time shall, by virtue of the Share Acquisition and without any further action, be converted into the right to receive the Acquisition Consideration Per
                Share in accordance with the provisions and procedures specified in Section 3.3, which shares are referred to as the “WBI
                    Acquisition Shares”; and

          

          

          (b)          any shares of WBI Common Stock
                held in the treasury of WBI shall, by virtue of the Share Acquisition and without any further action, be cancelled without the payment of any consideration therefor.

          

          

          3.2         Dissenting Shares. Notwithstanding anything in this Agreement to the contrary, shares of WBI Common Stock which are outstanding immediately prior to the Effective Time and which are held by shareholders who
                shall not have voted such shares in favor of the Share Acquisition and who shall have delivered to WBI a written demand for appraisal of such shares in the manner provided in Section 1091 of the OGCA (the “Dissenting Shares”) shall not be converted into the right to receive the Acquisition Consideration Per Share provided under Section 3.1(a) hereof, but
                instead, the holders thereof shall be entitled to payment of the appraised value of such shares in accordance with the provisions of the OGCA; provided, however, in the event a holder fails to perfect, withdraws or otherwise loses their
                right to appraisal and payment for their shares of WBI Common Stock pursuant to the applicable provisions of the OGCA, each Dissenting Share held by such holder shall then cease being a Dissenting Share and shall instead then be considered
                to be among the WBI Acquisition Shares, and shall be converted into and represent only the right to receive Acquisition Consideration Per Share.

          

          

          
            3.3       Surrender of Certificates; Paying Agent.

          

          

          

          (a)        Paying Agent. As of the Effective Time, BSVN shall deposit, or shall cause to be deposited, in a non-interest bearing account at BSVN’s wholly owned subsidiary bank, Bank7, (which, when acting in such capacity,
                is referred to herein as the “Paying Agent”), for the benefit of the holders of certificates which immediately prior to the Effective Time evidenced shares of WBI Acquisition
                Shares (collectively, the “WBI Certificates”) for exchange in accordance with this Article III, an aggregate amount of cash equal to the product of the Initial Per Share Payment
                Amount times the number of shares of WBI Acquisition Shares acquired in the Share Acquisition. The payment procedures for the right to receive a Pro Rata Portion of (i) the amount
                of the Escrow Fund remaining following the termination of the Escrow Fund are set out in Section 2.6 and (ii) the amount of the Representative Reserve Fund remaining following the
                expiration of the Escrow Agreement are set out in Section 2.7.

          

          

          
            (b)       Exchange Procedures.

          

          

          

          (i)          At least 10 Business Days prior to the anticipated Closing Date, the Paying Agent shall mail or deliver to each holder of record of shares of WBI Acquisition Shares (i) a letter of transmittal (which shall specify that
                delivery shall be effected only upon delivery of WBI Certificates to the Paying Agent, and which shall be in such form and have such other provisions as WBI and BSVN reasonably specify) and (ii) instructions for use in effecting the
                surrender of WBI Certificates in exchange for the Initial Per Share Payment Amount. Upon surrender of a WBI Certificate for cancellation to the Paying Agent together with such letter of transmittal, duly executed, and such
            other documents as the Paying Agent may reasonably require, at the Closing the holder of such WBI Certificate shall be entitled to receive in exchange therefor not later than two Business Days following such surrender and delivery, an amount
            equal to (x) the Initial Per Share Payment Amount, times (y) the number of shares of WBI Acquisition Shares represented by the certificate(s) so surrendered pursuant to the provisions
            of this Article III (which amount shall be rounded to the nearest whole cent), and WBI Certificate so surrendered shall forthwith be cancelled. Until surrendered as contemplated by this Section
                3.3, each WBI Certificate shall be deemed at any time after the Effective Time to represent only the right to receive the Acquisition Consideration Per Share with respect to the shares of WBI Acquisition Shares represented by
            such WBI Certificate.

          

          

          
            13

            
              

          

          (ii)          Notwithstanding the payment
                procedures described in Section 3.3(b)(i) above, in the event that a holder of WBI Certificate surrenders such WBI Certificate and a properly executed letter of transmittal
                evidencing such holder’s election to surrender such shares pursuant to this Agreement, and such other documents as the Paying Agent may reasonably require, to the Paying Agent at least two Business Days prior to the Closing Date, then,
                immediately following the Closing, BSVN shall cause the Paying Agent to deliver to such holder an amount equal to the amount payable to such holder pursuant to Section 3.3(b)(i)
                by, at the option of such holder (i) delivery of a bank cashier’s check payable to such holder, or (ii) subject to the holder being entitled to receive not less than $50,000, by wire transfer of immediately available funds to an account
                designated by such holder.

          

          

          (c)          No Further Ownership Rights in WBI Acquisition Shares. The Initial Per Share Payment Amount paid upon surrender of shares of WBI Acquisition Shares in accordance with the terms hereof shall be deemed to have
                been issued in full satisfaction of all rights pertaining to such shares of WBI Acquisition Shares, and there shall be no further registration of transfers on the stock transfer books of WBI of the shares of WBI Acquisition Shares which
                were outstanding immediately prior to the Effective Time and which were evidenced by WBI Certificates. If after the Effective Time WBI Certificates are presented to BSVN for any reason, they shall be cancelled and exchanged as provided in
                this Article III.

          

          

          (d)         Lost or Stolen Certificate. In the event that any WBI Certificate shall have been lost, stolen or destroyed, the Paying Agent shall issue and pay the Initial Per Share Payment Amount to such shareholder in
                exchange for such lost, stolen or destroyed certificates, upon the making of an affidavit of that fact by the holder thereof, together with such other documents required under Section
                    3.3(b)(i); provided, however, that the Paying Agent may, in its discretion and as a condition precedent
                to the payment of cash, require the owner of such lost, stolen or destroyed certificate to submit to the Paying Agent a bond in form and substance satisfactory to the Paying Agent, or an indemnification agreement in a form acceptable to
                BSVN, whereby such shareholder agrees to indemnify BSVN, WBI and the Paying Agent against any claim that may be made against them with respect to the certificates alleged to have been lost, stolen or destroyed.

          

          

          (e)         Termination of Fund; Limit of Liability. Any portion of the cash funds deposited in a segregated account pursuant to Section 3.3(a), which remains undistributed to the shareholders of WBI for six months after the Effective Time may be transferred by BSVN from such segregated account to BSVN’s general operating accounts. Neither
                BSVN nor WBI shall be liable to any holder of shares of WBI Acquisition Shares for any portion of such cash funds that may be later delivered to a public official pursuant to any applicable abandoned or unclaimed property,
            escheat or similar law.

          

          

          
            14

            
              

          

          (f)          Withholding. The Paying Agent shall be entitled to deduct and withhold from the consideration otherwise payable pursuant to this Agreement to any holder of WBI Acquisition Shares such amounts as BSVN is required
                to deduct and withhold with respect to making such payment under the Code, or any applicable provision of state, local or foreign tax law. To the extent that amounts are so withheld by BSVN, such amounts shall be remitted to the appropriate
                tax authority and shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of WBI Acquisition Shares in respect of which such deduction and withholding was made by BSVN.

          

          

          ARTICLE IV.

          REPRESENTATIONS AND WARRANTIES OF WBI AND THE BANK

          

          

          Except as may be disclosed to BSVN in the Disclosure Schedules, WBI and the Bank hereby represent and warrant to BSVN, as of the date hereof and
            as of the Closing Date (except those representations and warranties that are made as of a specific date need only be true as of such date) as follows:

          

          

          
            4.1       Capital Structure of WBI and the Bank.

          

          

          

          (a)         The authorized capital stock of WBI consists of 60,000 shares of common stock, par value $10.00 per share, and 40,000 shares of preferred stock, par value $0.01 per share. As of the date hereof, there are (i) 17,002
                shares of WBI common stock issued and outstanding to WBI Shareholders (the “WBI Common Stock”), no shares of which are held as treasury shares; and (ii) -0- shares of preferred
                stock issued and outstanding to WBI Shareholders (the “WBI Preferred Stock”). All outstanding shares of WBI Common Stock have been duly authorized and validly issued and are fully
                paid and nonassessable, and none of the outstanding shares of WBI Common Stock has been issued in violation of the preemptive or subscription rights of any Person. There are no Rights authorized, issued or outstanding with respect to the
                WBI Common Stock or WBI Preferred Stock, and no authorization therefor has been given.

           

            

          (b)         The authorized capital stock of the Bank consists of 75,000 shares of common capital stock, par value $10.00 per share (“Bank Common Stock”). As of the date
                hereof, there are (i) 75,000 shares of Bank Common Stock issued and outstanding and (ii) and no (0) shares of Bank Common Stock held as treasury shares. All outstanding shares of Bank Common Stock have been duly authorized and
            validly issued and are fully paid and, except as provided by 6 Okla. Stat. § 220, are nonassessable, and none of the outstanding shares of Bank Common Stock have been issued in violation of the preemptive or subscription rights of any Person.
            There are no Rights authorized, issued or outstanding with respect to the Bank Common Stock (and no authorization therefor has been given). WBI owns, beneficially and of record, all of the issued and outstanding shares of Bank Common Stock,
            free and clear of all liens, claims and encumbrances of every kind and character.

           

          

          
            15

            
              

          

          
            4.2       Organization, Standing and Authority of WBI and the Bank.

          

          

          

          (a)        WBI is a corporation duly
                organized, validly existing and in good standing under the laws of the State of Oklahoma. WBI has the full corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as it is now
                being conducted and is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by
                it makes such licensing or qualification necessary. WBI is duly registered as a bank holding company under the Bank Holding Company Act of 1956, as amended, and is otherwise duly authorized, qualified and licensed under all applicable laws,
                regulations and orders of Governmental Entities to conduct business as a bank holding company as presently conducted and to control all of the outstanding shares of Bank Common Stock. WBI has heretofore delivered to BSVN true and complete
                copies of the certificate of incorporation and bylaws of WBI as in effect as of the date hereof.

          

          

          (b)          The Bank is a state banking
                corporation duly organized, validly existing and in good standing under the laws of the State of Oklahoma and holding a current and validly issued certificate of deposit insurance from the FDIC. The Bank has the full corporate power and
                authority to own, lease and operate all of its properties and assets and to carry on its business as it is now being conducted and is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the nature
                of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary. The Bank is duly authorized, qualified and licensed under all applicable laws,
                regulations and orders of Governmental Entities to conduct a banking business including accepting deposits, and to own and operate the assets purported to be owned by it. The Bank has heretofore delivered to BSVN true and complete copies of
                the certificate of incorporation and bylaws of the Bank as in effect as of the date hereof. All eligible accounts of depositors in the Bank are insured by the FDIC under FDIC Certificate No. 2318, in accordance with the FDIA to the fullest
                extent permitted by law, all premiums and assessments required to be paid in connection therewith have been paid when due by the Bank and the Bank has filed all reports required by the FDIA.

          

          

          4.3         Subsidiaries. Except as set forth in Schedule 4.3 of the Disclosure Schedules, the only direct or indirect Subsidiary of WBI is the Bank. Neither WBI
                nor the Bank own or have the right or obligation to acquire, directly or indirectly, any outstanding capital stock or other voting securities or ownership interests of any other Person, other than the interest of WBI in the Bank and as may
                be disclosed in Schedule 4.3, the Bank owns no other direct or indirect equity interest in any other entity.

          

          

          
            4.4       Authorized and Effective Agreement; Consents and Approvals.

          

          

          

          (a)          Each of WBI and the Bank has all requisite corporate power and authority to enter into this Agreement and each of the other Transaction Documents and (subject to receipt of all necessary governmental approvals) to
                perform all of its obligations under this Agreement and each of the other Transaction Documents. The execution and delivery of this Agreement and each of the other Transaction Documents and the consummation of the transactions contemplated
                hereby and thereby, have been duly and validly authorized by all necessary corporate action in respect thereof on the part of the Boards of Directors of WBI and the Bank, other than the receipt of shareholder approval
            contemplated by Section 6.6. This Agreement has been duly and validly executed and delivered by WBI and the Bank, and each other Transaction Document to which WBI and the Bank is
            party will be duly and validly executed and delivered at Closing and, subject to obtaining the requisite approval by the shareholders of WBI, constitutes or will constitute legal, valid and binding obligations of WBI and the Bank which are
            enforceable against WBI and the Bank in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally, and except that the
            availability of equitable remedies (including, without limitation, specific performance) is within the discretion of the appropriate court.

          

          

          
            16

            
              

          

          (b)          Neither the execution and
                delivery of this Agreement or the other Transaction Documents by WBI and the Bank nor the consummation by WBI and the Bank of the transactions contemplated hereby or thereby in accordance with the terms hereof nor compliance by WBI and the
                Bank with any of the terms or provisions hereof or thereof will (i) violate any provision of the certificate of incorporation or bylaws of WBI or the Bank; (ii) assuming that the consents and approvals set forth herein are duly obtained,
                violate any statute, code, ordinance, rule, regulation, judgment, order, writ, decree or injunction applicable to either WBI or the Bank or any of its properties or assets; (iii) violate, conflict with, result in a breach of any provisions
                of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of, accelerate the performance required by, or result in the creation of any lien, security
                interest, charge or other encumbrance upon any of the properties or assets of WBI or the Bank under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other
                instrument or obligation to which WBI or the Bank is a party, or by which any of its properties or assets may be bound or affected; or (iv) violate, conflict with, result in a breach of any provisions of, constitute a default (or an event
                which, with notice or lapse of time, or both, would constitute a default) under any agreement to which WBI or the Bank or, to the Knowledge of the Bank, the shareholders of WBI are parties or to which any WBI Common Stock or Bank Common
                Stock is subject. Except for consents and approvals of or filings or registrations with or notices to the FRB and the OSBD, no consents or approvals of or filings or registrations with or notices to any Governmental Entity or other Person
                are required on behalf of WBI or the Bank in connection with (i) the execution and delivery of this Agreement or any other Transaction Document by WBI or the Bank, or (ii) the consummation by WBI and the Bank of the transactions
                contemplated hereby.

          

          

          4.5         Regulatory Reports and Agreements. Since January 1, 2020, WBI and the Bank have duly filed with the appropriate Bank Regulators, in correct form, all reports
                required to be filed under applicable laws and regulations and such reports were in all material respects complete and accurate and in compliance with the requirements of applicable laws and regulations, and, prior to or contemporaneous
                with Bank’s execution and delivery of this Agreement to BSVN, WBI and the Bank shall have delivered or made available to BSVN accurate and complete copies of all such reports. Except as set forth in Schedule 4.5 of the Disclosure Schedules, in connection with the most recent inspection of WBI and examination of the Bank by the appropriate Bank Regulators, neither WBI nor the Bank was required to correct or
                change any action, procedure or proceeding which, to the Knowledge of the Bank, has not been now corrected or changed. Except as set forth in Schedule 4.5 of the Disclosure
                Schedules, neither WBI nor the Bank is a party to or subject to any commitment, letter (other than letters addressed to regulated banking institutions generally or examination reports), directive, written agreement, memorandum
            of understanding, order or other regulatory enforcement action or proceeding with or by any Bank Regulator, and neither WBI nor the Bank has received any notification from any such Bank Regulator that it may be requested to enter into, or
            otherwise become subject to, any such commitment, letter, directive, written agreement, memorandum of understanding, order or other regulatory enforcement action or proceeding.

          

          

          
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            4.6       Financial Statements.

          

          

          

          (a)        The WBI Financial Statements are
                attached to Schedule 4.6(a) of the Disclosure Schedules. The WBI Financial Statements are true, correct and complete in all material respects and fairly present the parent-only
                financial condition and results of operations of WBI, as of the dates and for the periods set forth therein. Except as otherwise stated therein, the WBI Financial Statements have been prepared in all material respects in accordance with
                GAAP; provided that the WBI Financial Statements omit some or all footnote disclosures required by GAAP. The books and records of WBI are being maintained in material compliance with applicable regulatory and accounting requirements, and
                such books and records accurately reflect in all material respects all dealings and transactions in respect of the business, assets, liabilities and affairs of WBI.

          

          

          (b)          The Bank Financial Statements are attached to Schedule 4.6(b) of the Disclosure Schedules, except for the Bank Additional Call Report a copy of which shall be
                provided to BSVN in accordance with Section 6.5(e). The Bank Financial Statements fairly present, in all material respects, the consolidated financial condition and results of
                operations of the Bank, as of the dates and for the periods set forth therein. Except as otherwise stated therein, the Bank Financial Statements have been prepared in accordance with GAAP; provided, that (i) the Bank Financial Statements
                omit some or all footnote disclosures required by GAAP, (ii) the Bank Financial Statements are subject to any variations required by regulatory accounting principles as mandated by the Federal Financial Institutions Examination Council, and
                (iii) the Bank Financial Statements covering interim periods have been prepared in accordance with past practice and are subject to normal year-end adjustments which, in the aggregate, will not be material. The books and records of the Bank
                are being maintained in material compliance with applicable regulatory and accounting requirements, and such books and records accurately reflect in all material respects all dealings and transactions in respect of the business, assets,
                liabilities and affairs of the Bank. Except to the extent reflected, disclosed or provided for in the Bank Financial Statements or described on Schedule 4.6(b) of the Disclosure Schedules, the Bank has no material liabilities of any nature,
                whether absolute, accrued, contingent or otherwise, other than (i) those liabilities reflected on the balance sheet included in the Consolidated Report of Condition of the Bank dated June 30, 2021 and not previously paid or
            discharged, (ii) those liabilities incurred after June 30, 2021 arising in the ordinary course of the Bank’s business, which were properly incurred consistent with past practice and (iii) in the case of contingent liabilities, only those
            required to be reflected on the balance sheet included in the Consolidated Report of Condition dated June 30, 2021, in accordance with GAAP.

           

          

          
            18

            
              

          

          
            4.7       No Material Adverse Change.

          

          

          

          (a)         Since January 1, 2021, (i) WBI
                and the Bank have conducted their businesses in the ordinary and usual course and (ii) no event has occurred or circumstances arisen that, individually or in the aggregate, has had or is reasonably likely to have a Material Adverse Effect.

          

          

          (b)          Except as described in Schedule 4.7(b), since January 1, 2021, neither WBI nor the Bank has:

          

          

          (i)          suffered any Material Adverse
                Effect in its financial condition, results of operations or business;

          

          

          (ii)          issued any notes, bonds or
                other debt securities, or otherwise borrowed any amount or incurred or become subject to any material liabilities, except (A) current liabilities incurred in the ordinary course of business and consistent with past practices, and (B)
                liabilities under contracts entered into in the ordinary course of business and consistent with past practice;

          

          

          (iii)       declared, set aside, made or
                paid any dividend or made any payment or distribution of cash or other property to its shareholders or purchased or redeemed any shares of its capital stock or granted any option for the purchase of its capital stock;

          

          

          (iv)         mortgaged, pledged or had
                subjected to any lien, security interest, charge or any other encumbrance, any of its assets, tangible or intangible, except pledges to secure government deposits and in connection with repurchase or reverse repurchase agreements;

          

          

          (v)        discharged or satisfied any
                material lien or encumbrance or paid any material obligation or liability (absolute or contingent), other than current liabilities reflected in the WBI Financial Statements or Bank Financial Statements, as applicable, and current
                liabilities incurred since the date thereof in the ordinary course of business consistent with past practices;

          

          

          (vi)       sold, assigned or transferred any
                material real or personal property, patents, trademarks, trade names, copyrights, trade secrets or other tangible or intangible assets, or disclosed any proprietary confidential information to any Person other than for fair consideration in
                the ordinary course of business and consistent with past practices;

          

          

          (vii)       suffered any material loss not
                provisioned for in the Bank’s Allowance as reflected in the Consolidated Reports of Condition included as part of the Bank Financial Statements or waived any right of material value, whether or not in the ordinary course of business or
                consistent with past practices;

          

          

          (viii)      entered into any material
                transaction (except as otherwise contemplated by this Agreement) other than in the ordinary course of business and consistent with past practices;

           

              

          
            19

            
              

          

          (ix)       incurred any material obligation
                or liability (absolute or contingent), except obligations or liabilities incurred in the ordinary course of business consistent with past practices;

          

          

          (x)          made any capital expenditures or
                commitments therefor in excess of $50,000 per expenditure or commitment and not exceeding $100,000 in the aggregate;

          

          

          (xi)         made any guarantees for the
                benefit of, or investments in, any Person, other than in the ordinary course of business and consistent with past practices;

          

          

          
            (xii)        made any material change in any method of accounting or accounting practice;

          

          

          

          
            (xiii)       granted any increase in the compensation  payable or to become payable to any officer or employee (other than normal periodic
              increases and bonuses made by the Bank pursuant to the Bank’s established compensation policies);

          

          

          

          (xiv)       suffered any material theft,
                damage, destruction or casualty loss, whether or not covered by insurance or surety bond; or

          

          

          (xv)        agreed, whether in writing or
                otherwise, to take any action described in this Section 4.7(b).

          

          

          
            4.8       Environmental Matters.

          

          

          

          (a)         WBI and the Bank are in material
                compliance with all Environmental Laws, except for any violations of any Environmental Law which would not, individually or in the aggregate, have a Material Adverse Effect. Neither WBI nor the Bank has received any communication alleging
                that the Bank is not in such compliance or that any of them are responsible (or potentially responsible) for remedying, or the cleanup of, any pollutants, contaminants, or hazardous or toxic wastes, substances or materials at, on or beneath
                such property and, to the Knowledge of the Bank, there are no present circumstances that would prevent or interfere with the continuation of such compliance.

          

          

          (b)          None of the properties owned,
                leased or operated by WBI or the Bank has been or is in violation of or liable under any Environmental Law, except any such violations or liabilities which would not individually or in the aggregate have a Material Adverse Effect.

          

          

          (c)        To the Knowledge of the Bank,
                there are no past or present actions, activities, circumstances, conditions, events or incidents that could reasonably form the basis of any Environmental Claim or other claim or action or governmental investigation that could result in the
                imposition of any liability arising under any Environmental Law against WBI or the Bank or against any person or entity whose liability for any Environmental Claim WBI or the Bank has or may have retained or assumed either contractually or
                by operation of law.

           

              

          
            20

            
              

          

          (d)         The Bank has provided to BSVN
                true, accurate and complete copies of all environmental audits, reports or assessments that the Bank has with respect to any and all real property occupied or previously occupied by the Bank.

          

          

          4.9         Tax Matters. WBI and Bank report and are taxed as a “C” corporation and have timely filed all Tax Returns required to be filed by them through the date hereof, and all such Tax Returns are true, complete and
                accurate in all material respects. WBI and the Bank have timely paid and discharged all Taxes shown to be due on such returns and have timely paid all other Taxes as are due or accruable through the Closing Date, except (i) such as are
                being contested in good faith by appropriate proceedings and with respect to which WBI and the Bank are maintaining reserves adequate for their payment, or (ii) Taxes which are accruable through the Closing Date and which are properly shown
                on the books of WBI and the Bank, as applicable, as a liability immediately prior to the Closing. The liability for Taxes set forth on each Tax Return adequately reflects the Taxes required to be reflected on such Tax Return. WBI and the
                Bank have complied in all respects with all applicable laws, rules and regulations relating to the payment and withholding of Taxes (including, without limitation, withholding of Taxes pursuant to Sections 1441 and 1442 of the Code) and
                have, within the time and manner prescribed by law, withheld and paid over to the proper Governmental Entity all amounts required to be withheld and paid over under all applicable laws. No federal, state, local or foreign audits or other
                administrative proceedings or court proceedings (collectively, “Audits”) exist or have been initiated with regard to any Taxes or Tax Returns of WBI or the Bank, and neither WBI
                nor the Bank has received any notice that such an Audit is pending or threatened with respect to WBI or the Bank or any Tax Return required to be filed by or with respect to WBI or the Bank. Except as disclosed on Schedule 4.9  of the Disclosure
                Schedules, neither WBI nor the Bank is a party to, bound by or has any obligation under any tax sharing agreement, tax indemnification agreement or similar contract or arrangement.

          

          

          4.10        Legal Proceedings. Schedule 4.10 of the Disclosure Schedules lists all existing or, to the
                Knowledge of the Bank, threatened, legal, administrative, arbitral or other proceedings, claims, actions, controversies or governmental investigations of any nature against or involving WBI or the Bank or its officers, directors, employees
                or agents. None of the proceedings, claims, actions, controversies or governmental investigations disclosed on Schedule 4.10 of the Disclosure Schedules would, or would reasonably be expected to (a) have a Material Adverse Effect; (b) in any material respect, impair the ability of WBI or the Bank
              to conduct business as now conducted; (c) result in any substantial liability of WBI or the Bank that is not adequately covered by insurance; or (d) restrain or otherwise materially impair the performance of any other action by WBI or the
              Bank under this Agreement or any other Transaction Document. To the Knowledge of the Bank, there are no circumstances, conditions, events or arrangements, contractual or otherwise, that may hereafter give rise to any proceedings, claims,
              actions, controversies or governmental investigations involving WBI or the Bank.

           
          

             

           
          
            4.11     Compliance with Laws.

          

           
          

          

          (a)          WBI and the Bank each has all material permits, licenses, certificates of authority, orders and approvals of, and has made all filings, applications and registrations with, federal, state, local and foreign governmental
                or regulatory bodies that are necessary in order to permit WBI or the Bank to carry on its respective business as it is presently being conducted in all material respects; all such permits, licenses, certificates of authority,
            orders and approvals are in full force and effect; and to the Knowledge of the Bank, no suspension or cancellation of any of the same is threatened.

          

          

          
            21

            
              

          

          (b)          Neither WBI nor the Bank is in
                violation of its respective governing documents, or of any applicable federal, state or local law or ordinance or any order, rule or regulation of any federal, state, local or other Governmental Entity (including, without limitation, all
                banking, securities, municipal securities, safety, health, environmental, zoning, anti- discrimination, antitrust, and wage and hour laws, ordinances, orders, rules and regulations), or in default with respect to any order, writ, injunction
                or decree of any court, or in default under any order, license, regulation or demand of any Governmental Entity, which could reasonably be expected to have a Material Adverse Effect. Neither WBI nor the Bank has received any notice or
                communication from any Governmental Entity asserting that WBI or the Bank is in violation of any of the foregoing. Neither WBI nor the Bank is subject to any regulatory or supervisory cease and desist order, agreement, written directive,
                memorandum of understanding or written commitment, and neither WBI nor the Bank has received any written communication from a Governmental Entity requesting that it enter into any of the foregoing.

          

          

          (c)          WBI and the Bank have each
                satisfied in all material respects all commitments, financial or otherwise, as may have been agreed upon with its appropriate Bank Regulators.

          

          

          
            4.12      Employee Matters and ERISA.

          

          

          

          (a)          Schedule 4.12(a) of the Disclosure Schedules sets forth all stock option, employee stock purchase and stock bonus plans, qualified pension or profit-sharing plans, any deferred compensation, bonus or group
                insurance contract or any other incentive, welfare or employee benefit plan (as defined in Section 3(3) of ERISA), or agreement, understanding, practice or commitment, formal or informal, sponsored, maintained or contributed to by WBI or
                the Bank for the benefit of the current or former directors, officers, employees or independent contractors of WBI or the Bank (the “Bank Employee Plans”). Except as described on Schedule 4.12(a), neither WBI nor the Bank has any present or future obligation or liability under any Bank Employee Plan.
                Neither WBI nor the Bank maintains, contributes to or participates in any plan that provides health, major medical, disability or life insurance benefits to former employees or directors of WBI or the Bank.

          

          

          (b)          Neither WBI nor the Bank has,
                and to the Knowledge of the Bank, no fiduciary of such plan has, incurred any liability to, the Department of Labor or the Internal Revenue Service with respect to the coverage of any employees of WBI or the Bank under any Bank Employee
                Plan that has not been satisfied in full.

          

          

          (c)          Except as described in Schedule 4.12(c) of the Disclosure Schedules, full payment has been made (or proper accruals have been established to the extent required by GAAP) of all contributions which are
                required for periods prior to the date hereof, and full payment will be so made (or proper accruals will be so established to the extent required by GAAP) of all contributions which are due and payable after the date hereof and prior to the
                Closing, under the terms of each Bank Employee Plan or ERISA.

           

              

          
            22

            
              

          

          (d)       The Bank Employee Plans have been
                operated in compliance in all material respects with the applicable provisions of ERISA, the Code, all regulations, rulings and announcements promulgated or issued thereunder and all other applicable governmental laws and regulations.

          

          

          (e)         The Trustee of the Cornerstone
                Bank 401(k) Plan is indemnified by the Bank for, in connection with, or arising from the Trustee’s performance of duties, responsibilities, and/or obligations under, pursuant to, or arising from the Cornerstone Bank 401(k) Plan, or any
                applicable laws or regulatory responsibilities pertaining thereto, including any reports or other submissions or filings whatsoever required to be made to any governmental agency.

          

          

          
            4.13     Certain Contracts.

          

          

          

          (a)         Schedule 4.13(a) of the Disclosure Schedules sets forth all of the following types of agreements, arrangements, obligations, or commitments
                to which WBI or the Bank is a party, is bound or affected by, receives or is obligated to pay, benefits under: (i) any agreement, arrangement or commitment relating to the borrowing of money by WBI or the Bank (other than in the case of
                deposits, federal funds purchased and securities sold under agreements to repurchase in the ordinary course of business) or the guarantee by WBI or the Bank of any obligation; (ii) any agreement, arrangement or commitment relating to the
                employment of a consultant or the employment, election or retention in office of any present or former director, officer or employee of WBI or the Bank, other than any agreement, arrangement or commitment terminable at will and without the
                payment of any penalty by WBI or the Bank, and other than the Bank Employee Plans; (iii) any agreement, arrangement or understanding pursuant to which any payment (whether of severance pay or otherwise) became or may become due to any
                director, officer or employee of WBI or the Bank upon execution of this Agreement or any other Transaction Document or upon or following consummation of the transactions contemplated hereby or thereby (either alone or in connection with the
                occurrence of any additional acts or events), other than the Bank Employee Plans; (iv) any agreement, arrangement or understanding pursuant to which WBI or the Bank is obligated to indemnify any director, officer, employee or agent of WBI
                or the Bank; (v) any agreement, arrangement or understanding to which WBI or the Bank is a party or by which either of the same is bound which limits the freedom of WBI or the Bank to compete in any line of business or with
            any person or entity; (vi) any supervisory agreement, memorandum of understanding, consent order, cease and desist order or condition of any regulatory order or decree with or by an applicable federal or state regulatory agency; (vii) any lease
            of real or personal property requiring payments of annual rental in excess of $20,000, whether as lessor or lessee; or (viii) any other agreement, arrangement or understanding which involves an annual payment of more than $20,000 which is not
            terminable at the election of WBI or the Bank without payment of any penalty or a similar termination fee or cost on not more than 30 calendar days written notice. WBI and the Bank have previously delivered or made available to BSVN a copy of
            each such agreement, arrangement or understanding or, if oral, has described such agreement, arrangement or understanding in writing to BSVN.

          

          

          (b)        Neither WBI nor the Bank is in default or in non-compliance, which default or non-compliance could reasonably be expected to have a Material Adverse Effect, under any contract, agreement, commitment, arrangement, lease,
                insurance policy or other instrument to which they are a party or by which their assets, business or operations may be bound or affected, whether entered into in the ordinary course of business or otherwise and whether written
            or oral, and there has not occurred any event that with the lapse of time or the giving of notice, or both, would constitute such a default or non-compliance.

          

          

          
            23

            
              

          

          4.14        Brokers and Finders. Except as disclosed in Schedule 4.14 of the Disclosure Schedules, none of WBI, the Bank, nor any of their respective
                directors, officers, employees or agents, has employed any broker or finder or incurred any liability for any financial advisory fees, brokerage fees, commissions or finder’s fees, and no broker or finder has acted directly or indirectly
                for the Bank in connection with this Agreement or the other Transaction Documents or any of the transactions contemplated hereby or thereby. Schedule 4.14 of the Disclosure
                Schedules sets out the name, address, contact information, fee and expense agreements, and the payment terms for anyone disclosed thereby.

          

          

          4.15       Insurance. WBI and the Bank are fidelity bonded and insured, together with their officers and directors, for reasonable amounts with financially sound and reputable insurance companies against such risks as
                companies engaged in a similar business would, in accordance with good business practice, customarily be insured and has maintained all insurance required by applicable laws, regulations and agreements to which WBI and the Bank are each
                included as a covered party. Schedule 4.15 of the Disclosure Schedules identifies all bond and insurance policies maintained by WBI and the Bank as of the date hereof and any
                claims pending thereunder. All of the policies and bonds maintained by WBI and the Bank are in full force and effect and shall continue in full force and effect through the Effective Time and all claims thereunder have been filed in a due
                and timely manner and no such claim has been denied. Neither WBI nor the Bank has been notified that their fidelity or insurance coverage will not be renewed by the carrier(s) on substantially the same terms as their existing coverage. The
                Bank has previously delivered or made available to BSVN a copy of each such bond and insurance policy including the declaration pages pertaining thereto. Schedule 4.15 of the
                Disclosure Schedules includes a copy of any notice to and response from any bonding company or insurer pertaining to any claim or potential claim under such bond or insurance within three years of the date of this Agreement.

          

          

          4.16        Properties. Except as set forth in Schedule 4.16 of the Disclosure Schedules, all real and personal
                property owned by WBI or the Bank or presently used by it in its business are in condition (ordinary wear and tear excepted) sufficient to carry on the business of WBI and the Bank in the ordinary course of business consistent with their
                past practices. WBI and the Bank have good and marketable title free and clear of all liens, encumbrances, charges, defaults or equities (other than equities of redemption under applicable foreclosure laws or of lessors respecting any
                leased property) to all of the material properties and assets, real and personal, reflected in the WBI Financial Statements or acquired after the date thereof, other than properties sold by WBI or the Bank in the ordinary course of
                business, except (i) liens for current taxes not yet due or payable, (ii) pledges to secure deposits and other liens incurred in the ordinary course of its banking business and (iii) such imperfections of title, easements and encumbrances,
                if any, as are not material in character, amount or extent. WBI and the Bank have previously delivered or made available to BSVN a copy of any title insurance policy or attorney title opinion pertaining to such property. All real and
                personal property which is material to the business of WBI or the Bank and leased or licensed by WBI or the Bank, as applicable, are held pursuant to leases or licenses which are valid and enforceable in accordance with their respective
                terms and such leases will not terminate or lapse prior to the Closing. Schedule 4.16 of the Disclosure Schedules sets forth a common address and legal description
            of all tracts of real property owned or leased by WBI or the Bank and used in the conduct of their respective business.

          

          

          
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          4.17        Transactions with Affiliates. Except as may be described on Schedule 4.17 of the Disclosure Schedules, there are no existing or pending transactions,
                nor are there any agreements, arrangements, or understandings, with any directors, officers, employees or Affiliates of WBI or the Bank with WBI or the Bank, relating to, arising from or affecting WBI or the Bank, including, without
                limitation, any transactions, arrangements or understandings relating to the purchase or sale of goods or services, the lending of monies or the sale, lease or use of any assets of WBI or the Bank, except for (i) current salary and business
                expense advances consistent with past practices, (ii) loans that have been entered into in the ordinary course of business on terms no more favorable to such Person than if the loan had been entered into on an arms’ length basis pursuant to
                normal commercial terms and conditions and in compliance with applicable law, and

          (iii) such Person’s deposit accounts at the Bank. WBI and the Bank have previously delivered or made available to BSVN a copy of each such agreement, arrangement
            or understanding or document evidencing same, that is described on Schedule 4.17.

          

          

          
            4.18     Loans.

          

          

          

          (a)        Each loan on the books and
                records of the Bank, including, without limitation, unfunded portions of outstanding lines of credit and loan commitments, was made and has been serviced in all material respects in accordance with customary lending standards in the
                ordinary course of business, is evidenced in all material respects by appropriate and sufficient documentation and, to the Knowledge of the Bank, constitutes the legal, valid and binding obligation of the obligor named therein, subject to
                bankruptcy, insolvency, fraudulent conveyance and other laws of general applicability relating to or affecting creditor’s rights and to general equity principles.

          

          

          (b)         Except as may be described on Schedule 4.18(b) of the Disclosure Schedules (by name of borrower, date of note, dollar amount charged off, date of charge off, date of transfer and identity of transferee), no loan or
                extension of credit by Bank that was charged down or charged off the Bank’s books has been distributed by or otherwise transferred from WBI or the Bank within five years preceding the date of this Agreement.

          

          

          4.19        Intellectual Property. WBI or the Bank owns all right, title and interest in, to and under, free and clear of any lien, claim or encumbrance of any kind, and has the
                valid and enforceable right to use and fully and completely assign, transfer and convey, (or have a valid, written and enforceable license to) all computer software and programs of any kind or nature (including, without limitation, any and
                all object code, source code, firmware, program and/or programming tools), currently used or planned to be used in such party’s business or otherwise reasonably necessary to carry on such party’s business. The respective activities,
                products and services of WBI and the Bank have not and do not infringe upon, misappropriate, dilute (in the case of trademarks), and/or otherwise violate, or constitute the unauthorized use of, the intellectual property of any other Person.
                There are no written or, to the Knowledge of the Bank, oral allegations, threats or claims and there are no lawsuits pending or, to the Knowledge of the Bank, threatened, in any case, alleging that any of the Bank’s activities, products or
                services infringe upon, misappropriate, dilute (in the case of trademarks), and/or otherwise violate, or constitute the unauthorized use of, any other Person’s intellectual property.

          

          

          
            25

            
              

          

          4.20       Disclosures. None of the representations and warranties of WBI and the Bank or any of the written information or documents which have been furnished by WBI or the Bank to BSVN pursuant to this Agreement, the
                other Transaction Documents or in connection with the transactions contemplated hereby or thereby contains or will contain any untrue statement of a material fact, or omits or will omit to state any material fact required to be stated or
                necessary to make any such information or document, at the time and in light of the circumstances (including, without limitation, the nature and scope of the information described in the representation, warranty, information or document),
                not misleading. Copies of all documents that WBI or the Bank shall have delivered or made available to BSVN pursuant to this Article IV are true, correct and complete copies thereof and include all amendments, supplements and modifications
                thereto and all waivers thereunder.

          

          

          ARTICLE V. 

          REPRESENTATIONS AND WARRANTIES OF BSVN

          

          

          BSVN hereby represents and warrants to WBI and the Bank, as of the date of this Agreement and as of the Closing Date (except those
            representations and warranties that are made as of a specific date need be true only as of such date) as follows:

          

          

          5.1          Organization, Standing and Authority. BSVN is a corporation duly organized, validly existing and in good standing under the laws of the State of Oklahoma and further is a registered bank holding company with the
                FRB and OSBD. BSVN has the full corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as it is now being conducted and is duly licensed or qualified to do business and is in
                good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the failure
                to be so licensed, qualified or in good standing would not have a material adverse effect on the ability of BSVN to consummate the transactions contemplated hereby.

          

          

          
            5.2       Authorized and Effective Agreement; Consents and Approvals.

          

          

          

          (a)          BSVN has all requisite corporate power and authority to enter into this Agreement and each of the other Transaction Documents and (subject to receipt of all necessary governmental approvals) to perform all of its obligations
                under this Agreement and each of the other Transaction Documents. The execution and delivery of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby have been duly and
                validly authorized by all necessary corporate action in respect thereof on the part of BSVN. This Agreement has been duly and validly executed and delivered by BSVN (and each other Transaction Document to which such Person is party will be
                duly and validly executed and delivered at Closing) and constitutes (or will constitute) legal, valid and binding obligations of BSVN which are enforceable against BSVN in accordance with their respective terms, except as limited by
                applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally, and except that the availability of equitable remedies (including, without limitation, specific
            performance) is within the discretion of the appropriate court.

          

          

          
            26

            
              

          

          (b)        None of the execution and
                delivery of this Agreement or the other Transaction Documents by BSVN, the consummation by BSVN of the transactions contemplated hereby or thereby in accordance with the terms hereof or thereof, or compliance by BSVN with any of the terms
                or provisions hereof or thereof, will (i) violate any provision of the certificate of incorporation or bylaws of BSVN, (ii) assuming that the consents and approvals set forth herein are duly obtained, violate any statute, code, ordinance,
                rule, regulation, judgment, order, writ, decree or injunction applicable to BSVN or any of its properties or assets, (iii) violate, conflict with, result in a breach of any provisions of, constitute a default (or an event which, with notice
                or lapse of time, or both, would constitute a default) under, result in the termination of, accelerate the performance required by, or result in the creation of any lien, BSVN interest, charge or other encumbrance upon any of the properties
                or assets of BSVN under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which BSVN is a party, or by which any of its
                properties or assets may be bound or affected, or (iv) violate, conflict with, result in a breach of any provisions of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under any
                agreement to which BSVN is a party, except, with respect to (ii), (iii) and (iv) above, such as individually or in the aggregate would not reasonably be expected to materially prevent or delay the consummation of the transactions
                contemplated hereby. Except for consents and approvals of or filings or registrations with or notices to the FRB and the OSBD or filings with Federal or state securities regulators pertaining to issuance of securities, no consents or
                approvals of or filings or registrations with or notices to any federal, state, municipal or other governmental or regulatory commission, board, agency or non-governmental third party are required on behalf of BSVN in connection with (a)
                the execution and delivery of this Agreement or any other Transaction Document by BSVN and (b) the completion by BSVN of the transactions contemplated hereby or thereby. As of the date of this Agreement, BSVN has no reason to believe that
                it will not receive regulatory approval of the transactions contemplated hereby and has no knowledge of any facts that would result in a material delay in the ability of BSVN to consummate the transactions contemplated hereby.

          

          

          5.3        Legal Proceedings. There are no existing or, to the knowledge of BSVN, threatened, legal, administrative, arbitral or other proceedings, claims, actions, controversies or governmental investigations of any
                nature against or involving BSVN which could reasonably be expected to have a material adverse effect on the ability of BSVN to consummate the transactions contemplated by this Agreement or any other Transaction Document.

          

          

          5.4         BSVN Financial Statements. BSVN has previously delivered or made available to WBI a true and complete copy of its FR Y-9LP Report for the year ended December
                31, 2020 and six months ended June 30, 2021 (the “BSVN FR Y-9 Reports”). The BSVN FR Y- 9 Reports fairly present the financial condition and results of operations as of and for the
                periods ended for which the reports cover on a parent company only basis. Except as otherwise provided therein, each of the BSVN FR Y-9 Reports has been prepared in accordance with GAAP, provided that the BSVN FR Y-9 Reports omit some or
                all footnote disclosures required by GAAP. The books and records of BSVN are being maintained in material compliance with applicable legal and accounting requirements, and such books and records accurately reflect in all material respects
            all dealings and transactions in respect of the business, assets, liabilities and affairs of BSVN. BSVN has no liabilities of any nature, whether absolute, accrued, contingent or otherwise, other than those liabilities incurred after June 30,
            2021 arising in the ordinary course of BSVN’s business which were incurred consistent with past practice.

          

          

          
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          5.5         Compliance Matters. Each of BSVN and its wholly-owned subsidiary, Bank7, on both a current and pro forma basis reflecting the transactions contemplated by this Agreement are “well capitalized” (as defined in 12
                C.F.R. § 325.103(b)(1) in the case of Bank7 and 12 C.F.R. § 225.2(r)(1), footnote 2 in the case of BSVN), and “well managed” (as defined in 12 C.F.R. § 362.16(e) in the case of Bank7 and 12 C.F.R. § 225.2(s) in the case of BSVN), and
                Bank7’s Community Investment Act rating is no less than “satisfactory.” Neither BSVN nor Bank7 has been informed that its status as “well capitalized,” “well managed” or “satisfactory” for Community Reinvestment Act purposes will change
                within one year.

          

          

          5.6       Financial Resources. BSVN has the financial ability to perform its obligations under this Agreement and BSVN is and will be on a pro forma basis in compliance with all applicable capital, debt, and financial
                regulations to which it is subject.

          

          

          5.7        Brokers and Finders. Neither BSVN nor any of its Affiliates, directors, officers, employees or agents, has employed any broker or finder or incurred any liability for any financial advisory fees, brokerage fees,
                commissions or finder’s fees, and no broker or finder has acted directly or indirectly for BSVN in connection with this Agreement or the other Transaction Documents or any of the transactions contemplated hereby or thereby.

          

          

          5.8        Disclosures. None of the representations and warranties of BSVN or any of the written information or documents which have been furnished by BSVN or Bank7 to WBI or the Bank pursuant to this Agreement, the other
                Transaction Documents or in connection with the transactions contemplated hereby or thereby, contains or will contain any untrue statement of a material fact, or omits or will omit to state any material fact required to be stated or
                necessary to make any such information or document, at the time and in light of the circumstances (including, without limitation, the nature and scope of the information described in the representation, warranty, information or document),
                not misleading. Copies of all documents that BSVN shall have delivered or made available to WBI or the Bank pursuant to this Article V are true, correct and complete copies thereof and include all amendments, supplements and modifications
                thereto and all waivers thereunder.

          

          

          ARTICLE VI. 

          COVENANTS

          

          

          6.1          Commercially Reasonable Efforts. Subject to the terms and conditions of this Agreement, each party to this Agreement shall use its commercially reasonable efforts in
                good faith to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary or advisable under applicable laws and regulations so as to permit consummation of the transactions contemplated by this Agreement
                or by any other Transaction Document (including, without limitation, satisfaction of the conditions to Closing specified in Article VII of this Agreement) on or before 90 days after the date set forth in Section 8.1(d) or, in the event that requisite regulatory and other approvals have not yet been obtained, as promptly as practicable thereafter, and to otherwise enable consummation of the
            transactions contemplated hereby, and shall cooperate fully with the other party or parties hereto to that end.

          

          

          
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          6.2         Consents. BSVN, as well as WBI and the Bank, as applicable, shall each give any notices to third parties and will proceed diligently and in good faith, and will use commercially reasonable efforts to obtain, as
                promptly as practicable, all consents and approvals that may be required in connection with the execution or performance of this Agreement or any other Transaction Document. Each of such parties agrees to consult with the other with respect
                to obtaining all necessary consents and approvals of third parties necessary to consummate the transactions contemplated hereby or by any other Transaction Document and to keep the other apprised of the status regarding such applications,
                notices or other approvals required to consummate the transactions contemplated hereby.

          

          

          
            6.3       Investigation and Confidentiality.

          

          

          

          (a)          WBI and the Bank shall permit
                BSVN and its representatives access to the properties and personnel, and shall disclose and make available to BSVN all books, papers and records relating to the assets, stock ownership, properties, operations, obligations and liabilities of
                WBI and the Bank including, without limitation, all books of account (including the general ledger), tax records, minute books of meetings of boards of directors (and any committees thereof) and shareholders, organizational documents,
                bylaws, material contracts and agreements, filings with any regulatory authority, accountants’ work papers, litigation files, loan files, plans affecting employees, and any other business activities or prospects in which BSVN may have a
                reasonable interest; provided, that (i) BSVN and its employees and other representatives shall not request, nor shall BSVN or its employees or other representatives be provided,
                any confidential supervisory information of the Bank (as defined in 12 C.F.R. § 261.2), and (ii) such access shall be reasonably related to the transactions contemplated hereby, shall not unduly interfere with normal operations and shall
                not violate any law or agreement or constitute the waiver of any privilege. WBI and the Bank shall make their respective directors, officers, employees and agents and authorized representatives available to confer with BSVN and its
                representatives, provided that such access shall be reasonably related to the transactions contemplated by this Agreement and not unduly interfere with normal operations.

          

          

          (b)          All information furnished to
                BSVN or its representatives by WBI and the Bank previously in connection with the transactions contemplated by this Agreement or pursuant hereto shall be held in confidence and treated as “Evaluation Material” to the extent required by, and
                in accordance with that certain Confidentiality Agreement dated June 4, 2021 between BSVN and WBI through Bank’s agent, D. A. Davidson & Co. (the “Confidentiality Agreement”).

          

          

          6.4        Press Releases. BSVN, WBI and the Bank shall agree with each other as to the form and substance of any press release related to this Agreement or the transactions contemplated hereby, and consult with each other
                as to the form and substance of other public disclosures which may relate to the transactions contemplated by this Agreement, provided, however, that nothing contained herein shall prohibit either party, following notification to the other party, from making any disclosure which it determines in good faith is required by law or regulation.

           

              

          
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            6.5       Business of WBI and the Bank; Terminating Employee Plans.

          

          

          

          (a)         During the period from the date
                of this Agreement and continuing until the Closing, except as expressly contemplated or permitted by this Agreement or with the prior written consent of BSVN, WBI and the Bank shall carry on their respective businesses in the ordinary
                course consistent with past practice (including, without limitation, the amount and types of loans originated as of the date hereof). WBI and the Bank shall each use all commercially reasonable efforts to (x) preserve its business
                organizations intact, (y) keep available to itself and BSVN the present services of the employees of WBI and the Bank (unless such employees are terminated for cause or, with the written consent of BSVN, for failure to adequately perform or
                other reason) and (z) preserve for itself and BSVN the goodwill of the customers of WBI and the Bank and others with whom business relationships exist. Without limiting the generality of the foregoing, during the period from the date of
                this Agreement and continuing until the Closing, except as expressly contemplated or permitted by this Agreement, with the prior written consent of BSVN, or as set forth on Schedule 6.5,
                WBI and the Bank, shall not:

          

          

          (i)         On or after the end of the month
                immediately preceding the Closing, declare, set aside, make or pay any dividend or other distribution (whether in cash, stock or property or any combination thereof) in respect of the WBI Common Stock;

          

          

          (ii)        issue any shares of its capital
                stock, or issue, grant, modify or authorize any Rights or effect any recapitalization, reclassification, stock dividend, stock split or like change in capitalization;

          

          

          (iii)        amend its certificate of
                incorporation or bylaws; impose, or suffer the imposition, on any share of stock held by WBI or the Bank of any material lien, charge or encumbrance or permit any such lien to exist; or, except in the ordinary course of business, waive or
                release any right or cancel or compromise any debt or claim;

          

          

          (iv)       except for (A) normal periodic
                increases in compensation for Bank employees made pursuant to the Bank’s established compensation policies and in accordance with past practice, and (B) any severance payments to employees in accordance with the policies of the Bank
                existing as of the date of this Agreement, increase the rate of compensation of any of its directors, executive officers or employees, or pay or agree to pay any bonus or severance to, or provide any other new employee benefit or incentive
                to, any of its directors, executive officers or employees;

          

          

          (v)          enter into or, except as may be
                required by law or as described in Sections 6.15 or 6.16, modify any pension, retirement, stock option, stock
                purchase, stock appreciation right, savings, profit sharing, deferred compensation, supplemental retirement, consulting, bonus, group insurance or other employee benefit, incentive or welfare contract, plan or arrangement, or any trust
                agreement related thereto, in respect of any of its directors, officers or employees; or make any contributions to the Bank Employee Plans not in the ordinary course consistent with past practice or as may be required by this Agreement;

          

          

          (vi)       enter into (w) any material agreement, arrangement or commitment not made in the ordinary course of business, (x) any agreement, indenture or other instrument relating to the borrowing of money (other than
            in the case of deposits, federal funds purchased and securities sold under agreements to repurchase in the ordinary course of business) or guarantee of any such obligation, or (y) any agreement, arrangement or commitment relating to the
            employment of, or severance of, an officer, employee or consultant or amend any such existing agreement, except that an individual may be employed in the ordinary course of business if the employment of such employee is terminable at will
            without liability, other than as required by law;

          

          

          
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          (vii)        change its method of accounting
                in effect for the current year or the year ended December 31, 2020, except as required by changes in laws, regulations or GAAP, or change any of its methods of reporting income and deductions for federal income tax purposes from those
                employed in the preparation of its federal income tax return for the current year or the year ended December 31, 2020, except as required by or prudent due to, changes in laws or regulations;

          

          

          (viii)      purchase or otherwise acquire,
                or sell or otherwise dispose of, any assets (other than Investment Securities) or incur any liabilities other than in the ordinary course of business consistent with past practice and policies or except as may be required by Section 6.16 or 6.17;

          

          

          (ix)         make any capital expenditures
                in excess of $50,000 per expenditure or commitment, and not exceeding $100,000 in the aggregate without prior notice to and written consent from BSVN which consent shall not be unreasonably withheld;

          

          

          (x)          engage in any transaction with
                an Affiliate, other than transactions in the ordinary course of business consistent with past practice and (x) in the case of any loan or deposit are made on terms (including interest rate and, with respect to loans, collateral)
                substantially similar to those prevailing at the time for comparable transactions by the Bank with non-Affiliates, and (y) which are in compliance with the requirements of all applicable laws and regulations;

          

          

          (xi)        enter into any futures contract,
                option contract, interest rate caps, interest rate floors, interest rate exchange agreement or other agreement for purposes of hedging the exposure of its interest-earning assets and interest-bearing liabilities to changes in market rates
                of interest;

          

          

          (xii)      discharge or satisfy any material
                lien or encumbrance or pay any material obligation or liability (absolute or contingent) other than at scheduled maturity or in the ordinary course of business;

          

          

          (xiii)       enter or agree to enter into
                any agreement or arrangement granting any preferential right to purchase any of its assets;

          

          

          (xiv)      invest in any investment
                securities other than (A) federal funds or (B) United States government securities or United States government agency securities, in each case with a remaining term of not more than six months, and (C) such securities as BSVN shall approve
                in writing;

           

              

          
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          (xv)        (A)(1) regardless of the dollar
                amount thereof, purchase or commit to purchase, extend, increase, fund, advance under, or otherwise further commit the Bank to any loan participation except to the extent the Bank is legally obligated to do so by the written terms of a
                written participation agreement in effect as of the date hereof; (2) as to any new credit relationship (as defined below), make or commit to make any new loan, extension of credit or letter of credit in the principal amount of more than
                $500,000 for “fully secured loans” (as defined below); (3) as to an existing credit relationship that is not in accordance with Bank’s loan policy, make or commit to make any new loan, extension of credit or letter of credit or increase any
                existing line of credit by more than $500,000, that will not be fully secured in accordance with Bank’s loan policy (excluding for this purpose any accrued interest or inadvertent overdrafts that are not frequent and repetitive and are paid
                in full within 30 days and without an additional extension of credit by Bank to customer); (4) notwithstanding anything to the contrary in 6.5(a)(xv)(A)(2) and (3), as to any new loan, extension of credit or letter of credit or increase in
                any existing line of credit, which is not fully secured in accordance with Bank loan policy, extend credit in any amount exceeding $100,000; and (5) provide interest rate reductions to any existing relationship greater than $100,000. “New
                credit relationship” shall mean the prospective customer or principal owner or controlling director, officer or manager of the prospective customer, is not an existing credit customer of Bank.

          

          

          (B)         regardless of the dollar amount
                thereof, (1) to any officer or director (or any of their related interests as such term is defined in Regulation O) of the Bank, (2) to any borrower or Affiliate of such borrower who has an existing loan carried by the Bank as an internally
                classified or watch-list loan, or (3) make or commit to make any new loan or letter of credit or make or commit to make any new or additional discretionary funding or advance under any existing line of credit, that is not in compliance with
                the Bank’s established loan policy, as in effect on the date hereof.

          

          

          (C)         Provided, that Bank and BSVN
                shall consistent with Section 6.5(b), in all events under this Section 6.5(a)(xv), act promptly and reasonably to
                allow for BSVN to reasonably assess and grant (or withhold) its consent on all such credit decisions in a manner and on a timetable that allows BSVN to assess and respond as contemplated by Section 6.5(b) as well as allows the Bank to conduct its business in a manner consistent with past practices.

          

          

          (D)         A loan or loans shall be
                considered to be fully secured under Sections 6.5(a)(xv) if the Bank’s loan credit memorandum (required by Section 6.5(b)) and the pertinent documents in the Bank’s loan file reflect the loan to value ratio after such loan, extension, or advance meets or exceeds the Bank’s loan policy in effect as
                of the date hereof, or if there is no applicable policy, is no less than 120% collateral to loan value for collateral with readily determinable value from reasonably reliable sources other than the borrower. Guaranty or surety agreement(s)
                supporting the loan(s) shall not be considered as securing the loan(s) for purposes of this Section 6.5(a)(xv), regardless of Bank policy or practice. A “discretionary” advance
                for purposes of this Section 6.5(a)(xv) means an advance that the Bank is not legally obligated to make at the time by the terms of the loan documentation.

          

          

          (xvi)       purchase brokered deposits, materially alter its method of establishing interest rates on deposit products, or increase the rates it pays on deposit products except for increases pursuant to changes in rates paid
            on such deposit products generally in Blaine County Oklahoma or its contiguous counties in Oklahoma;

          

          

          
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          (xvii)     knowingly take any willful action
                that would result in any of the representations and warranties contained in this Agreement not to be true and correct in any material respect at the Closing or that could reasonably result in any material delay in consummation of the
                transactions contemplated hereby; or

          

          

          
            (xviii)     agree to do any of the foregoing.

          

          

          

          (b)          With respect to those proposed
                extensions of credit described in Section 6.5(a)(xv) above, prior to making the proposed extension of credit, the Bank shall cause the loan credit memorandum with respect to the
                proposed extension of credit to be transmitted by email or, in the absence of a credit memorandum, described in a telephone call to the BSVN Representatives at the email address or telephone number specified in Section 1.1 of this Agreement. Upon receipt of such information, one or more of the BSVN Representatives will promptly review the proposed extension of credit and grant (or withhold) its consent to the
                proposed extension of credit (which approval may be given by return email) or request such additional information with respect to the proposed extension of credit as the BSVN Representatives may determine necessary (which request shall be
                made by return email or telephone). If one or more of the BSVN Representatives does not grant (or withhold) its consent to the proposed extension of credit or request additional information with respect to the proposed extension of credit
                by email or telephone call within two Business Days of receipt of such loan credit memorandum or, if the submission is made by a telephone call, the date of such call, the BSVN Representatives will be deemed to have approved the proposed
                extension of credit. “Loan credit memorandum” means the loan related information relevant to underwriting the loan reasonably organized regardless of the particular format or presentation of such information prepared in accordance with the
                past practice of the Bank’s loan officer responsible for the extension of credit. BSVN shall, consistent with this Section 6.5(b), in all such events act promptly and reasonably
                to grant (or withhold) its consent on all such credit decisions in a manner and on a timetable that allows the Bank to conduct its business in a manner consistent with past practices.

          

          

          (c)          From and after the execution of
                this Agreement, promptly following each meeting of the Board of Directors of each of WBI and the Bank (and each committee thereof) through the last day prior to the Closing, WBI or the Bank shall cause to be provided to BSVN a copy of all
                written materials provided to the Board of Directors or any committee thereof in connection with such meetings; provided, the Bank shall not be required to provide any written
                materials concerning this Agreement or the transactions contemplated hereby or any confidential supervisory information of the Bank (as defined in 12 C.F.R. § 261.2).

          

          

          (d)          The Bank shall maintain its
                practice of charging off or charging down loans against its Allowance in accordance with past practice and shall have an Allowance as of the end of the month immediately preceding the Closing and as of the Closing (but prior to any
                adjustments pursuant to Section 6.14) in an amount not less than the amount of the Allowance at June 30, 2021.

           

              

          
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          (e)         For the calendar quarter ending
                September 30, 2021, the Bank shall file its duly completed Consolidated Report of Income and Condition for such calendar quarter, together with the related schedules thereto (as amended) (the “Bank

                    Additional Call Report”).

          

          

          6.6         Shareholder Approval. WBI shall, promptly after the execution of this Agreement, commence to take such actions as may be necessary to obtain adoption and approval of this Agreement and the transactions
                contemplated hereby by the shareholders of WBI, including, without limitation, either (i) distributing proxy materials or information statements to the holders of WBI Common Stock within 30 days of the date this Agreement is executed and
                delivered and scheduling a meeting of the holders of WBI Common Stock to consider the adoption and approval of this Agreement to be held within 30 days after the distribution of such proxy materials or statements or (ii) obtaining a written
                consent approving this Agreement and the transactions contemplated hereby from shareholders holding at least 70% of the outstanding WBI Common Stock within 30 days of the date this Agreement is executed and delivered and distributing an
                information statement to the holders of WBI Common Stock promptly but no more than 14 days following the date of such approval. BSVN will promptly furnish to WBI any information that WBI may reasonably request in connection with the
                preparation of such materials. Upon completion of preparation by WBI of such materials, WBI will promptly furnish to BSVN a copy thereof which WBI proposes to send to its shareholders and (i) shall provide BSVN with a reasonable opportunity
                to review and comment on such proposed materials, and (ii) shall include in such materials all comments from BSVN to the extent reasonably acceptable to WBI.

          

          

          6.7         No Solicitation. Until the earlier of the Closing Date or the date of termination of this Agreement, none of WBI, the Bank, nor any of their Affiliates or agents, will directly or indirectly solicit, initiate or
                participate in negotiations with any Person other than BSVN with respect to the disposition of any of the Bank Common Stock, WBI Common Stock or other equity securities of WBI or the Bank or any option with respect thereto, or the merger of
                WBI or the Bank with another Person, or any disposition of all or any significant portion of the assets of WBI or the Bank not in the ordinary course of business, or any similar transaction (each, an “Acquisition Proposal”), nor shall WBI or the Bank, or any of their Affiliates or agents provide any information concerning WBI or the Bank with respect to an Acquisition Proposal. In addition to the foregoing, WBI
                or the Bank, as promptly as practicable, shall advise BSVN orally and in writing of any request received by WBI or the Bank for information which WBI or the Bank reasonably believes would lead to an Acquisition Proposal or of any
                Acquisition Proposal, or any inquiry received by WBI or the Bank with respect to, or which WBI or the Bank reasonably believes would lead to any Acquisition Proposal, the material terms and conditions of such request, Acquisition Proposal
                or inquiry, and the identity of the person or group making any such request, Acquisition Proposal or inquiry. WBI and the Bank will keep BSVN informed in all material respects of the status and details (including, without limitation,
                material amendments or proposed amendments) of any such request, Acquisition Proposal or inquiry.

          

          

          
            6.8       Indemnification; Insurance.

          

          

          

          (a)        From and after the Effective Time through the third anniversary of the Effective Time, BSVN and its successors (the “Indemnitor Party”) shall indemnify and hold
                harmless each director, officer and employee of WBI and the Bank, determined as of the Effective Time (the “Indemnitee Parties”), against any costs or expenses (including
                reasonable attorneys’ fees), judgments, fines, losses, claims, damages or liabilities incurred in connection with any claim, action, suit, proceeding or investigation, whether civil, criminal, administrative or investigative,
            arising out of matters existing or occurring at or prior to the Effective Time, whether asserted or claimed prior to, at or after the Effective Time, only and to the fullest extent to which WBI or the Bank, as applicable, is or was required by
            law or its certificate of incorporation or bylaws to indemnify such Indemnitee Parties and in the manner to which it could indemnify such parties under the certificate of incorporation or bylaws of WBI or the Bank, in each case as in effect on
            the date hereof, provided, however, that all rights to indemnification in respect of any claim asserted or made within such period shall continue until the final disposition of such claim.

          

          

          
            34

            
              

          

          (b)       Any Indemnitee Party wishing to
                claim indemnification under Section 6.8(a), upon learning of any such claim, action, suit, proceeding or investigation, shall promptly notify the Indemnitor Party thereof, but the
                failure to so notify shall not relieve the Indemnitor Party of any liability it may have to such Indemnitee Party if such failure does not materially prejudice the Indemnitor Party. In the event of any such claim, action, suit, proceeding
                or investigation (whether arising before or after the Effective Time), (i) the Indemnitor Party shall have the right to assume the defense thereof and the Indemnitor Party shall not be liable to such Indemnitee Party for any legal expenses
                of other counsel or any other expenses subsequently incurred by such Indemnitee Parties in connection with the defense thereof, except that if the Indemnitor Party elects not to assume such defense or counsel for the Indemnitee Parties
                advises that there are issues which raise conflicts of interest between the Indemnitor Party and the Indemnitee Parties, the Indemnitee Parties may retain counsel which is reasonably satisfactory to the Indemnitor Party, and the Indemnitor
                Party shall pay the reasonable fees and expenses of such counsel for the Indemnitee Parties (which may not exceed one firm in any jurisdiction); (ii) the Indemnitee Parties will cooperate in the defense of any such matter; (iii) the
                Indemnitor Party shall not be liable for any settlement effected without its prior written consent; and (iv) the Indemnitor Party shall have no obligation hereunder in the event that a federal or state banking agency or a court of competent
                jurisdiction shall determine that indemnification of an Indemnitee Party in the manner contemplated hereby is prohibited by applicable laws and regulations.

          

          

          (c)          Promptly following the execution
                and delivery of this Agreement, WBI and the Bank shall obtain and provide to BSVN such information as BSVN shall reasonably request regarding an extension of the reporting period under WBI and the Bank’s existing directors’ and officers’
                liability coverage for acts and omissions occurring prior to the Closing Date, including the cost associated with purchasing extended coverage for a three-year period under substantially the current terms of WBI and the Bank’s existing
                directors’ and officers’ liability insurance. Subject to the prior written approval of BSVN, the WBI and the Bank shall cause such extended coverage to be purchased for a three-year period following the Closing Date. The cost of such
                extended coverage shall be borne 100% by WBI and Bank and included as a WBI Transaction Expense).

          

          

          6.9          Regulatory Approvals. BSVN shall promptly, but not later than 15 days following the date of this Agreement, submit applications seeking all regulatory approvals required to be obtained by BSVN in connection with
                this Agreement and the other agreements contemplated hereby. BSVN shall promptly furnish WBI and the Bank with copies of all such regulatory submissions and all material correspondence for which confidential treatment has not been requested.  BSVN shall use its commercially reasonable efforts to obtain all such regulatory
                approvals.

          

          

          
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          6.10       Disclosure Supplements. From time to time prior to the Effective Time, WBI and the Bank shall promptly supplement or amend any materials previously disclosed and delivered to BSVN pursuant to this Agreement with
                respect to any matter arising or that first becomes known to WBI or the Bank after the date hereof which, if existing, occurring or known at the date of this Agreement, would have been required to be set forth or described in writing to
                BSVN or which is necessary to correct any information in such prior disclosure which has been rendered inaccurate thereby.

          

          

          6.11       Failure to Fulfill Conditions. In the event that any of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled
                on or prior to 120 days after the date of this Agreement, such party will promptly notify the other party or parties. Each party will promptly inform the other party or parties of any facts applicable to it that would be likely to prevent
                or materially delay approval of the transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of the transactions contemplated hereby.

          

          

          6.12        Employee Matters. On the Closing Date, each of the employees of WBI or the Bank who are retained by BSVN or Bank7 and become employees of BSVN or Bank7 shall be entitled to receive, from and after the Closing,
                the same profit sharing, health, welfare, vacation and other benefits as are customarily offered or afforded to the employees of BSVN or Bank7, as applicable. Each employee of WBI or the Bank who continues as an employee of BSVN or Bank7
                after the Closing shall receive credit for his or her prior service at WBI or the Bank for purposes of vesting and eligibility under the employee benefit plans of BSVN or the Bank, as applicable, and such person shall receive coverage for
                any pre-existing conditions to the fullest extent permitted under BSVN’s or Bank7’s existing medical and/or health plans. Each employee of WBI or the Bank who continues as an employee of BSVN or Bank7 after the Closing and who remains
                employed by BSVN or Bank7 on January 1, 2022 shall be entitled to carry over up to 40 hours of PTO from WBI or the Bank to BSVN or Bank7 (which shall be in addition to any vacation leave or PTO that BSVN or Bank7 awards to new employees or
                to existing employees at the beginning of each year or periodically).

          

          

          
            6.13      Environmental Assessments.

          

          

          

          (a)          At its sole cost and expense, BSVN may within 10 days of the date of this Agreement, order a Phase I environmental assessment to be prepared by an environmental investigations and testing firm selected by BSVN and reasonably
                acceptable to WBI with respect to each of the tracts of real property referenced under Section 4.16 which tracts are to be included in Schedule 4.16 of the Disclosure Schedules (such tracts are the “Real Property”).  Further, in its sole discretion and at its sole cost and expense, BSVN
                may obtain, within 30 days after the date of this Agreement or after receiving the Phase I environmental assessments any additional environmental assessments (e.g., Phase II Site Assessment, mold inspection, and asbestos survey) of any of
                the Real Property which is conducted by the same firm that conducted the Phase I or an alternative independent environmental investigations and testing firm selected by BSVN and reasonably acceptable to WBI. BSVN shall
            promptly provide WBI a copy of any report resulting from an assessment or survey obtained by BSVN.

          

          

          
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          (b)        Further, as to any tract of Real
                Property, BSVN shall give WBI written notice no later than 15 days after receipt of any recommendation by its environmental investigations and testing firm, or its environmental counsel, that such Real Property requires a Phase III
                Environmental Site Assessment plan of remediation as a result of its Phase II investigations, unless such plan of remediation is, in the opinion of the BSVN environmental investigations and testing firm and its environmental counsel
                reasonably likely to have remediation costs of $250,000 or more for all tracts of the Real Property, then BSVN may terminate this Agreement.

          

          

          (c)         BSVN and its employees, agents
                and representatives shall keep all contents of any assessment or survey confidential and disclose the contents thereof only with the prior written consent of Bank or as may be required under applicable law.

          

          

          6.14       Conforming Accounting Adjustments. WBI and the Bank shall, if requested in writing by BSVN, consistent with GAAP and applicable banking laws and regulations, immediately before Closing, make such accounting
                entries as BSVN may reasonably request in order to conform the accounting records of WBI or the Bank to the accounting policies and practices of BSVN or Bank7 (including charging down or charging off loans). No such adjustment by WBI or the
                Bank (a) shall constitute or be deemed to be a breach, violation or failure of any representation, warranty, covenant, condition or other provision of this Agreement, (b) shall constitute grounds for termination of this Agreement by BSVN,
                or (c) shall affect the determination or calculation of the Acquisition Consideration Per Share, Aggregate Acquisition Consideration, Allowance, Dissenting Shares Equity Capital, Initial Per Share Payment Amount, Vendor Contract
                Liabilities, WBI Equity Capital, WBI Per Share Equity Amount, WBI Transaction Expenses, or any component of any of the foregoing.

          

          

          
            6.15     Termination of Retirement & Employee Savings Plans.

          

          

          

          (a)         Bank employees participating in
                the Cornerstone Bank 401(k) Plan will be invited to elect to either (i) roll into BSVN’s 401(k) plan thereby becoming subject to that plan, or (ii) convert their 401(k) account to an Individual Retirement Account (IRA) or other permissible
                option under IRS regulations.

          

          

          (b)          Promptly following receipt of a
                written request from BSVN, WBI and the Bank as applicable, shall take all action necessary by no later than the last Business Day immediately preceding the Closing Date to terminate any retirement plan or employee savings plan of WBI or the
                Bank (excluding the Cornerstone Bank 401(k) Plan and the Salary Continuation Agreements), if any, causing each participant’s account thereunder to be fully vested prior to the Effective Time, provided that BSVN may in its discretion and at
                its sole cost, within a reasonable time after the effective date of such termination, take all necessary acts to cause such Plan to be filed with the IRS for a determination letter upon termination, after receipt of which (i) amounts may be
                distributed from such Plan, or (ii) cause such Plan to be merged with a similar plan sponsored by BSVN or its subsidiaries, the effective date of which will be determined by BSVN.

           

              

          
            37

            
              

          

          
            (c)       Salary Continuation Agreements. Bank shall:

          

          

          

          (i)          Accrue on its books prior to the
                month end immediately preceding Closing, the total dollar amounts as presented in the “Accrual Required” column for Salary Continuation Executives set forth in Confidential Schedule I to this Agreement.

          

          

          (ii)          Cause to be terminated in
                accordance with their terms, the Salary Continuation Agreements prior to Closing, shall pay the amount listed for each Salary Continuation Executive set forth in the column “Termination Payments” of the Confidential Schedule I to this
                Agreement, and shall accrue on its books prior to the month end immediately preceding the Closing the total of such Termination Payments that exceeds the total amount of the “Accrual Required” column for Salary Continuation Executives set
                forth in Confidential Schedule I to this Agreement.

          

          

          (iii)        WBI and Bank shall use best
                efforts to obtain from each of the Salary Continuation Executives a written and signed release of WBI and Bank of and from all claims and liability arising from or relating to the termination of the Salary Continuation Agreement and the
                amount paid to the Salary Continuation Executive in connection therewith.

          

          

          6.16       Bank-Owned Life Insurance. WBI and/or Bank own several Bank-Owned Life Insurance policies (collectively, the “Policies”). WBI shall cause all Policies
                to be surrendered for cash to the issuing Insurer and to accurately include fully the effects of such termination and surrender in WBI Equity Capital. This Section 6.16 shall not
                apply to the split dollar agreement governed by Section 6.17.

          

          

          6.17       Purchase or Terminate Insurance Policies. Prior to the end of the month immediately preceding the Closing, with respect to any split dollar agreement related to any split dollar insurance policy, WBI and Bank
                shall take all actions necessary to terminate the agreement and surrender the insurance policy pertaining thereto to ensure that neither Bank nor WBI has any liabilities or obligations thereunder after the Effective Time and to accurately
                include fully the effects of such termination and surrender in WBI Equity Capital including to cause such amounts to be written off Bank’s books prior to the end of the month immediately preceding the Closing. Further, any and all parties
                to the split dollar agreement and their beneficiary(ies) shall have given a full and unconditional written and signed release of WBI and Bank from any and all liability, claims or damages arising from or related to the split dollar
                agreement, the insurance policy pertaining thereto. Provided, that all agreements relating to the conveyance of death benefits under any split dollar insurance policy must be mutually acceptable to BSVN and WBI and shall not violate any
                other agreement, obligation or commitment of WBI or Bank to any current or former director, officer, employee, or agent.

          

          

          ARTICLE VII. 

          CONDITIONS PRECEDENT

          

          

          7.1         Conditions Precedent – All Parties. The respective obligations of all of the parties hereto to effect the transactions contemplated by this Agreement and the other Transaction Documents shall be subject to
                satisfaction of the following conditions at or prior to the Closing, unless waived by BSVN, WBI, and the Bank:

           

              

          
            38

            
              

          

          (a)          All corporate action necessary
                to authorize the execution and delivery of this Agreement and the other Transaction Documents and consummation of the transactions contemplated hereby including the approval by the shareholders of WBI, shall have been duly and validly taken
                by all of the parties hereto;

          

          

          (b)       All necessary regulatory
                approvals, consents and authorizations required for the transactions contemplated hereby or by any other Transaction Document shall have been obtained and all statutory waiting periods in respect thereof shall have expired, and no such
                approval shall be conditioned or restricted in any manner which, in the reasonable judgment of BSVN, would materially and adversely affect the operations of the business conducted by either WBI or the Bank; and

          

          

          (c)       None of the parties hereto shall
                be subject to any statute, rule, regulation, order, injunction or decree which shall have been enacted, entered, promulgated or enforced by any Governmental Entity which prohibits, restricts or makes illegal consummation of the transactions
                contemplated by this Agreement or any other Transaction Document.

          

          

          7.2          Conditions Precedent – The Bank. The obligations of WBI and the Bank to effect the transactions contemplated by this Agreement and the other Transaction Documents shall be subject to satisfaction of the
                following conditions at or prior to the Closing, unless waived by WBI and the Bank pursuant to Section 8.4 hereof:

          

          

          (a)          Each of the representations and
                warranties of BSVN contained in this Agreement that are qualified as to their materiality shall be true and correct and any such representations and warranties that are not so qualified shall be true and correct in all material respects
                when made and as of the Closing Date, in each case, with the same effect as though such representations and warranties had been made on and as of the Closing Date (except that representations and warranties that are made as of a specific
                date need be true or, as applicable, true in all material respects only as of such date);

          

          

          (b)         BSVN shall have performed, in
                all material respects, its obligations and covenants required to be performed by such Person on or prior to the Closing;

          

          

          (c)          BSVN shall have delivered to WBI
                and the Bank a certificate, dated the date of the Closing and signed by the Chairman or President of BSVN to the effect that the conditions set forth in Section 7.2(a) and Section 7.2(b) have been satisfied; and

          

          

          (d)          There shall not be pending any
                proceeding initiated by any Governmental Entity to seek an order, injunction or decree which prevents consummation of the transactions contemplated by this Agreement or any other Transaction Document.

          

          

          7.3         Conditions Precedent – BSVN. The obligation of BSVN to effect the transactions contemplated by this Agreement and the other Transaction Documents shall be subject to satisfaction of the following conditions at
                or prior to the Closing, unless waived by BSVN pursuant to Section 8.4 hereof:

          

          

          (a)         Each of the representations and warranties of WBI and the Bank contained in this Agreement that are qualified as to their materiality shall be true and correct and any such representations and warranties
            that are not so qualified shall be true and correct in all material respects when made and as of the Closing Date, in each case, with the same effect as though such representations and warranties had been made on and as of the Closing Date
            (except that representations and warranties that are made as of a specific date need be true or, as applicable, true in all material respects only as of such date);

          

          

          
            39

            
              

          

          (b)         WBI and the Bank shall have
                performed, in all material respects, its obligations and covenants required to be performed by such Person on or prior to the Closing;

          

          

          (c)          WBI and the Bank shall have
                delivered to BSVN a certificate, dated the date of the Closing and signed by an executive officer of WBI and the Bank, to the effect that the conditions set forth in Section 7.3(a)
                and Section 7.3(b) that relate to WBI and the Bank have been satisfied;

          

          

          (d)          The consent, approval or waiver
                of each Person (other than the Governmental Entities referred to in Section 7.1(b) hereof) whose consent, approval or waiver shall be required in connection with the transactions
                contemplated by this Agreement under any material loan or credit agreement, note, mortgage, indenture, lease, license or other agreement or instrument to which WBI or the Bank is a party or is otherwise bound shall have been obtained;

          

          

          (e)          Each of Randy Barrett and Judy
                Felder shall have executed and delivered to BSVN a Restrictive Covenant Agreement consistent with that set forth as Exhibit C;

          

          

          (f)          There shall not be pending any
                proceeding initiated by any Governmental Entity to seek an order, injunction or decree which prevents consummation of the transactions contemplated by this Agreement or any other Transaction Document;

          

          

          (g)          There shall not have occurred
                between the date of this Agreement and the Closing Date, a change in the business, financial condition or operations of the Bank which, either individually or in the aggregate, constitutes a Material Adverse Effect; and

          

          

          (h)        Holders of no more than 5% of the
                outstanding shares of WBI Common Stock, determined as of the date hereof, shall have elected to exercise dissenters’ rights under Sections 1090.1(G) and 1091 of the OGCA.

          

          

          ARTICLE VIII. 

          TERMINATION, WAIVER AND AMENDMENT

          

          

          
            8.1       Termination. This Agreement may be terminated:

          

          

          

          (a)          at any time on or prior to the
                Closing, by the mutual consent in writing of BSVN, WBI and the Bank;

          

          

          (b)        at any time on or prior to the
                Closing, by BSVN in writing if WBI or the Bank has, or by WBI in writing if BSVN has, breached (i) any material covenant or undertaking contained herein, or (ii) any representation or warranty contained herein in any material respect, if
                such breach is incapable of cure or has not been cured by the earlier of 30 days following written notice of such breach to the breaching party or the Closing;

           

              

          
            40

            
              

          

          (c)          at any time, by BSVN or WBI in
                writing, if any of the applications for prior approval referred to in Section 5.2(b) hereof are denied, or in the case of termination by BSVN, is approved in a manner which does
                not satisfy the requirements of Section 7.1(b) hereof, and the time period for appeals and requests for reconsideration has run, unless the failure of such occurrence shall be due
                to the failure of the party seeking to terminate to perform or observe in any material respect its agreements set forth herein to be performed or observed by such party at or before the Closing;

          

          

          (d)         by BSVN or WBI in writing, if
                the Closing has not occurred by the close of business on December 31, 2021; provided that this right to terminate shall not be available to any party whose failure to perform an
                obligation under this Agreement has been the cause of, or resulted in, the failure of the transactions contemplated by this Agreement to be consummated by such date.

          

          

          8.2         Effect of Termination. In the event that this Agreement is terminated pursuant to Section 8.1 hereof, this Agreement shall become void and have no
                effect, except that (i)  Article IX in its entirety shall survive any such
                termination; and (ii) a termination pursuant to Section 8.1(b) shall not relieve the breaching party from liability for any willful breach of any covenant, undertaking,
                representation or warranty giving rise to such termination.

          

          

          8.3        Survival of Representations, Warranties and Covenants. All representations, warranties, covenants and provisions in this Agreement or in any instrument delivered pursuant hereto shall survive the Closing for a
                period ending on the 18-month anniversary of the Effective Date; provided, that the covenants included in Section 6.8 (Indemnification; Insurance) shall survive for the period
                specified therein, the covenants and provisions contained in Article IX shall survive indefinitely, and the covenants set forth in each of the Restrictive Covenant Agreements
                shall survive according to the terms of the particular Restrictive Covenant Agreement.

          

          

          8.4          Waiver. Each party hereto by written instrument may at any time extend the time for the performance of any of the obligations or other acts of the other party hereto and may waive (i) any inaccuracies of the
                other party in the representations or warranties contained in this Agreement or any document delivered pursuant hereto, (ii) compliance with any of the covenants, undertakings or agreements of the other party or, to the extent permitted by
                law, satisfaction of any of the conditions precedent to its obligations contained herein or (iii) the performance by the other party of any of its obligations set forth herein.

          

          

          8.5         Amendment or Supplement. This Agreement may be amended or supplemented at any time by a mutual agreement in writing executed by all of the parties hereto.

           

            ARTICLE IX. 

          

          INDEMNIFICATION

          

          

          

          
            9.1       Indemnification.

          

          

          

          (a)          Subject to clause (b) of this Section 9.1 and to Section 9.2, each of the holders of WBI
                Acquisition Shares (as represented by the Representative and solely from and to the extent of the amount in the Escrow Account) shall indemnify BSVN, its Affiliates and their respective directors and officers against, and hold
            them harmless from, any loss, liability, claim, damage or expense, including, without limitation, reasonable legal fees and expenses (“Damages”) suffered or incurred by any such Person
            for or on account of or arising from or in connection with:

           

          

          
            41

            
              

          

          (i)        any breach of any covenant of WBI
                or Bank contained in this Agreement or any other Transaction Document that has not expired in accordance with Section 8.3, or

          

          

          (ii)        any breach of any representation
                or warranty of WBI or Bank contained in this Agreement or any other Transaction Document, or any certificate of WBI and/or the Bank delivered pursuant hereto or thereto, that has not expired in accordance with Section 8.3.

          

          

          (b)       Notwithstanding clause (a) of this
                Section 9.1 and subject to Section 9.2, (i) Damages shall not include any consequential damages (including damages for
                lost profits) or punitive damages (other than consequential or punitive damages awarded to any third party against an Indemnified Party (as defined below)) and (ii) the amount of any Damages for which indemnification is provided under this
                Section 9.1 shall be reduced by any amounts received by an Indemnified Party seeking indemnification under this Section 9.1
                under insurance policies with respect to such Damages, net of the costs of collection of such insurance proceeds and any deductibles.

          

          

          
            9.2       Limitations on Amount of Indemnification.

          

          

          

          (a)          Notwithstanding anything
                contained in Section 9.1 to the contrary, there shall be no liability for indemnification under Section 9.1 unless
                and to the extent the aggregate amount of Damages exceeds $50,000 (the “Indemnity Threshold”), except as to any claim for breach of any covenant, representation or warranty
                pertaining to or arising from Sections 2.8, 4.9, 4.14, 6.15, 6.16 and 6.17.

           

            

          (b)          In no event shall the aggregate
                amount of Damages paid pursuant to Section 9.1 hereof exceed $250,000.

          

          

          9.3          Indemnification Procedures. All claims or demands for indemnification under this Article IX (“Claims”)

                shall be asserted and resolved as follows:

          

          

          (a)        In the event a party to this Agreement (an “Indemnified Party”) has a Claim against another party to this Agreement (an “Indemnifying Party”) hereunder which does not involve a Claim being asserted against or sought to be collected by a third party, the Indemnified Party shall with reasonable promptness send a Claim Notice with
                respect to such Claim to the Indemnifying Party (which in the case of a claim against any holder of WBI Acquisition Shares shall be the Representative). If the Indemnifying Party does not notify the Indemnified Party within the Notice
                Period (as defined below) that the Indemnifying Party disputes such Claim, the amount of such Claim shall be conclusively deemed a liability of the Indemnifying Party hereunder. In case the Indemnifying Party shall object in writing to any
                Claim made in accordance with this Section 9.3(a), the Indemnified Party shall have 30 days to respond in a written statement to the objection of the Indemnifying Party. If after
                such 30-day period there remains a dispute as to any Claims, the parties shall attempt in good faith for 30 days to agree upon the rights of the respective parties with respect to each of such Claims. If the parties should so
            agree, a memorandum setting forth such agreement shall be prepared and signed by both parties.

          

          

          
            42

            
              

          

          (b)         In the event that any Claim for
                which an Indemnifying Party would be liable to an Indemnified Party hereunder is asserted against an Indemnified Party by a third party, the Indemnified Party shall with reasonable promptness notify the Indemnifying Party of such Claim
                (which in the case of a claim against any holder of WBI Acquisition Shares shall be the Representative), specifying the nature of such claim and the amount or the estimated amount thereof to the extent then feasible (which estimate shall
                not be conclusive of the final amount of such Claim) (the “Claim Notice”). The Indemnifying Party shall have 30 days from the receipt of the Claim Notice (the “Notice Period”) to notify the Indemnified Party (i) whether or not the Indemnifying Party disputes the Indemnifying Party’s liability to the Indemnified Party hereunder with respect to
                such Claim and (ii) if the Indemnifying Party does not dispute such liability, whether or not the Indemnifying Party desires, at the sole cost and expense of the Indemnifying Party, to defend against such Claim. In the event that the
                Indemnifying Party notifies the Indemnified Party within the Notice Period that the Indemnifying Party does not dispute the Indemnifying Party’s obligation to indemnify hereunder and desires to defend the Indemnified Party against such
                Claim and except as hereinafter provided, the Indemnifying Party shall have the right to defend by appropriate proceedings, which proceedings shall be promptly settled or prosecuted by the Indemnifying Party to a final conclusion; provided that, unless the Indemnified Party otherwise agrees in writing, the Indemnifying Party may not settle any matter (in whole or in part) unless such settlement includes a
                complete and unconditional release of the Indemnified Party. If the Indemnified Party desires to participate in, but not control, any such defense or settlement, the Indemnified Party may do so at the Indemnified Party’s sole cost and
                expense. If the Indemnifying Party elects not to defend the Indemnified Party against such Claim, whether by failure of the Indemnifying Party to give the Indemnified Party timely notice as provided above or otherwise, then the Indemnified
                Party, without waiving any rights against the Indemnifying Party, may settle or defend against any such Claim in the Indemnified Party’s sole discretion and the Indemnified Party shall be entitled to recover from the Indemnifying Party the
                amount of any settlement or judgment and, on an ongoing basis, all indemnifiable costs and expenses of the Indemnified Party with respect thereto, including interest from the date such costs and expenses were incurred.

          

          

          9.4       Treatment of Indemnification Payments. Notwithstanding anything to the contrary contained in this Agreement, the amount of any Damages for which indemnification is provided under this Article IX shall be reduced by any amounts actually received by the Indemnified Party seeking indemnification under this Article IX under
                insurance policies (other than self-insurance arrangements) with respect to such Damages, net of any deductibles.

          

          

          9.5       Exclusive Remedies. Remedies provided in this Article IX, subject to the limitations set forth herein, shall, from and after the Closing, be the sole
                and exclusive monetary remedies of BSVN, its Affiliates and their respective directors and officers with respect to the transactions contemplated by this Agreement except in the case of fraud or willful misrepresentation.

           

              

          
            43

            
              

          

          ARTICLE X.

           MISCELLANEOUS

          

          

          10.1        Appointment of Representative. By virtue of the adoption and approval of this Agreement and the receipt of any portion of the Acquisition Consideration Per Share pursuant to this Agreement, and without any
                further action of the shareholders of WBI pursuant hereto, each of the holders of WBI Acquisition Shares shall be deemed to have appointed Randy Barrett or, in the event of his death, inability or unwillingness to act, Judy Felder, as such
                shareholder’s agent and attorney-in-fact (the “Representative”) with respect to any and all actions and decisions specified in or contemplated by this Agreement or necessary in the
                judgment of the Representative for the accomplishment of the foregoing, including, without limitation, the actions and decisions contemplated under Sections 2.7 and 2.8, and Article IX hereof, and agrees to be bound by any actions or decisions taken by the Representative with respect thereto. The Representative shall have full power and authority on behalf
                of each shareholder of WBI described above to take any and all actions on behalf of, execute any and all instructions on behalf of and execute or waive any and all rights of such shareholders under this Agreement. The Representative may use
                the Representative Reserve Fund to satisfy any Representative Expenses incurred in connection with his role as the Representative, with any balance of the Representative Reserve Fund not used for such purpose to be disbursed in accordance
                with Section 2.7. The Representative shall have no liability to any shareholder of WBI described above for any action taken or omitted to be taken on behalf of such shareholder
                pursuant to this Agreement. The appointment of the Representative shall be irrevocable and is coupled with an interest, except that a successor to the Representative may be appointed by a written instrument signed and acknowledged by a
                majority in interest of such shareholders or their legal representatives, in form and substance reasonably satisfactory to BSVN and delivered to BSVN and the Escrow Agent.

          

          

          10.2       Expenses. Except as expressly provided in this Agreement, each of BSVN, WBI and Bank shall bear and pay all of their own costs and expenses incurred by them in connection with the transactions contemplated by
                this Agreement and the regulatory applications required to effect the transactions provided for herein, including, in each case, regulatory application and related fees, fees and expenses of brokers and advisers, financial consultants,
                accountants and attorneys.

           

              

          10.3       Entire Agreement. This Agreement (including the Exhibits and Schedules hereto) and the other Transaction Documents, and the Confidentiality Agreement contain the entire agreement among the parties with respect
                to the transactions contemplated hereby and supersede all prior arrangements or understandings with respect thereto, written or oral.

           

              

          10.4       Assignment; Successors; Third-Party Beneficiaries. None of the parties hereto may assign any of its rights or obligations under this Agreement to any other person without the prior written consent of the other
                party or parties. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors. It is the express intent of the parties hereto that the Restrictive Covenant
                Agreement be to the benefit of and enforceable by BSVN’s Affiliates as provided therein, and that the Indemnified Parties be third-party beneficiaries of Section 6.8(a) hereof and
                the obligations of BSVN thereunder may be enforced by each of them. Except as expressly provided in the immediately foregoing sentence, nothing in this Agreement is intended to confer upon any party, other than the parties hereto, and their
                respective successors, any rights, remedies, obligations or liabilities.

           

              

          
            44

            
              

          

          10.5       Specific Performance; Remedies Not Exclusive. Each party hereto acknowledges that the other party shall be irreparably harmed and that there shall be no adequate remedy at law for any violation by any of them of
                any of the covenants or agreements contained in this Agreement. Accordingly, it is agreed that, in addition to, but not in lieu of, any other remedies which may be available upon the breach of any such covenants or agreements, each party
                hereto shall have the right to obtain injunctive relief to restrain a breach or threatened breach of, or otherwise to obtain specific performance of, the other parties’ covenants and agreements contained in this Agreement. All rights and
                remedies of the parties under this Agreement shall be cumulative, and the exercise of one or more rights or remedies will not preclude the exercise of any other right or remedy available under this Agreement (including the Exhibits hereto)
                or applicable law.

           

            

          10.6       Attorneys’ Fees. If any legal action or other proceeding is brought for the enforcement of this Agreement, or as a result of any other dispute in connection with any of the provisions of this Agreement, the
                prevailing party shall be entitled to recover reasonable attorneys’ fees and other costs and expenses incurred in that action or proceeding, including any administrative costs of an arbitration in addition to any other relief to which it
                may be entitled.

          

          

          10.7       Notices. All notices or other communications which are required or permitted hereunder shall be in writing and sufficient if delivered personally or sent by overnight express or by certified or other USPS
                trackable mail, postage prepaid, or sent by email, addressed as follows:

          

          

          If to WBI or the Bank, to:

           

          

          Watonga Bancshares, Inc. 

          Cornerstone Bank

          115 West A Street 

          Watonga, Oklahoma 73772

          Email: randybarrett@hotmail.com 

          Attn: Mr. Randy Barrett, Chairman

            

          

          With a required copy to:

           

          

          McAfee & Taft A Professional Corporation 

          Tenth Floor, Two Leadership Square

          211 North Robinson

          Oklahoma City, Oklahoma 73102

          Email: bruce.crum@mcafeetaft.com and matt.brown@mcafeetaft.com 

          Attn: C. Bruce Crum and Matthew K. Brown

          

          

          If to the Representative, to:

           

          

          Randy Barrett

          P.O. Box 164

          South Fork, CO  81165

          Email: randybarrett@hotmail.com

           

          

          
            45

            
              

          

          With a required copy to:

           

          

          McAfee & Taft A Professional Corporation 

          Tenth Floor, Two Leadership Square

          211 North Robinson

          Oklahoma City, Oklahoma 73102

          Email: bruce.crum@mcafeetaft.com and matt.brown@mcafeetaft.com 

          Attn:  C. Bruce Crum and Matthew K. Brown

           

            

          If to BSVN, Bank7 to:

           

            

          Bank7 Corp. 

          c/o Bank7

          1039 N.W. 63rd

          Oklahoma City, Oklahoma 73116

          Email: ttravis@bank7.com and JT.Phillips@bank7.com 

          Attn: Tom Travis & J.T. Phillips

           

            

          With a required copy to:

          

          

          Paul Foster Law Offices, P.C. 

          2150 McKown Dr.

          Norman, OK 73072 

          Email: prf@fgblaw.com 

          Attn: Paul Foster

          

          

          10.8       Counterparts. This Agreement may be executed in any number of counterparts, and each such counterpart shall be deemed to be an original instrument, but all such counterparts together shall constitute but one
                agreement. An electronic or scan and email transmission of a signed counterpart of this Agreement shall be sufficient to bind the party or parties whose signature(s) appear thereon.

          

          

          10.9       Alternative Structure. Notwithstanding any provision of this Agreement to the contrary, BSVN may elect, subject to the filing of all necessary applications and the receipt of all required regulatory approvals,
                to modify the structure of the acquisition of the Bank set forth herein provided that (i) the consideration to be paid to the holders of WBI Acquisition Shares is not thereby changed in kind or reduced in amount as a result of such
                modification or alters the taxation of any amounts to be received by the holders of WBI Acquisition Shares and (ii) such modification will not materially delay or jeopardize receipt of any required regulatory approvals or any other
                condition to BSVN’s obligations set forth in Section 7.1 and Section 7.3 hereof.

          

          

          10.10     Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Oklahoma applicable to agreements made and entirely to be performed within such jurisdiction except to
                the extent federal law may be applicable.

          

          

          10.11     Further Assurances. Each party hereto shall do and perform or cause to be done and performed all such further acts and things and shall execute and deliver all such other agreements, certificates, instruments,
                and documents as any other party hereto reasonably may request in order to carry out the provisions of this Agreement and the consummation of the transactions contemplated hereby.

           

              

          
            46

            
              

          

           

          
            [SIGNATURE PAGE TO SHARE ACQUISITION AGREEMENT]

            

            

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

            

            

            
              
                	"BSVN"	BANK7 CORP.
	
                         

                      	
                         

                      	
                         

                      
	
                         

                      	By:

                      	/s/ Thomas L. Travis
	
                         

                      	
                         

                      	
                        Thomas L. Travis, President & CEO

                      
	
                         

                      	
                         

                      	
                         

                      
	"WBI"	WATONGA BANCSHARES, INC.
	 	 	 
	 	By: 

                        	/s/ Randy Barrett
	 	 	Randy Barrett, Chairman
	 	 	 
	
                        "BANK" 

                          

                      	CORNERSTONE BANK
	 	 	 
	 	By:	/s/ Randy Barrett
	 	 	
                         Randy Barrett, Chairman

                      
	 	 	 
	"REPRESENTATIVE"	/s/ Randy Barrett
	 	
                        Randy Barrett, solely in the capacity as the Representative

                      

              

            

            

          

          
            
              

          

          
          EXHIBIT A 

           

          

          CERTIFICATE OF SHARE ACQUISITION

           

          

          Bank7 Corp., an Oklahoma corporation, pursuant to Section 1090.1 of the Oklahoma General Corporation Act (the “Act”),

          

          

          DOES HEREBY CERTIFY:

          

          

          FIRST.          The name and jurisdiction of
                incorporation of each corporation which is a party to the Share Acquisition Agreement, dated October 6, 2021 (the “Agreement”), is Bank7 Corp., an Oklahoma corporation (“BSVN”), and Watonga Bancshares, Inc., Watonga, Oklahoma, an Oklahoma corporation (“WBI”).

          

          

          SECOND. The Agreement has been adopted, approved, certified, executed and acknowledged in accordance with the provisions of Section 1090.1 of
            the Act.

          

          

          THIRD.          BSVN is acquiring all the
                outstanding shares of WBI as of the Effective Time (as defined below).

          

          

          FOURTH. There are no amendments or changes in the Certificates of Incorporation of BSVN or WBI to be effected by the Agreement.

          

          

          FIFTH.          An executed Agreement is on
                file at the principal place of business of BSVN and WBI.  The address of the principal places of business of BSVN and WBI are:

          

          

          Bank7 Corp.

          1039 N.W. 63rd

          Oklahoma City, Oklahoma 73116

          

          

          Watonga Bancshares, Inc. 

          115 West A Street 

          Watonga, Oklahoma 73772

          

          

          SIXTH.          A copy of the Agreement will
                be furnished by BSVN and WBI on request and without cost to any shareholder of the respective corporation.

          

          

          SEVENTH. That the Agreement and the share acquisition being effected pursuant to the Agreement shall become effective as of 12 a.m., Oklahoma City, Oklahoma Time on                           , 2021 (the “Effective Time”).

           

            

        

         
          
            
              	
                      Exhibit A to the

                      Share Acquisition Agreement

                    	A-1	
                       

                    

            

            
              

          

          
            
              	
                      

                         

                    	
                      Bank7 Corp.

                    
	
                       

                    	
                       

                    	
                       

                    
	
                       

                    	By:

                    	                                                            
	
                       

                    	
                       

                    	                           ,                 (title)    
	
                       

                    	
                       

                    	
                       

                    
	
                      ATTEST:

                    	
                       

                    	
                       

                    
	 	 	 
	                                                           

                      	 	 
	                       , Secretary	 	 

            

          

          

          
            
              	
                      Exhibit A to the

                      Share Acquisition Agreement

                    	A-2	
                       

                    

            

            
              

          

          

         EXHIBIT B

         

          

        
          ESCROW AGREEMENT

           

          

          This Escrow Agreement (this “Agreement”) is made this        day of          , 2021, by and among Bank7 Corp., an Oklahoma corporation (“BSVN”), Randy Barrett, solely in the capacity as the representative (the “Representative”) of each of the former holders of the
            “WBI Acquisition Shares” (which excludes “Dissenting Shares”) of Watonga Bancshares, Inc., an Oklahoma corporation (“WBI”), and The Bankers Bank, Oklahoma City, Oklahoma, together with any successors in such capacity (the “Escrow Agent”).

          

          

          BSVN, WBI, and the Representative are parties to that certain Share Acquisition Agreement, dated as of the 6th day of October, 2021,
            (the “Share Acquisition Agreement”), pursuant to which BSVN is acquiring all of the issued and outstanding shares of WBI Common Stock. This Agreement is being executed and delivered by
            the parties pursuant to the Share Acquisition Agreement. Certain capitalized terms used in this Agreement are defined in Section 1 of this Agreement. Capitalized terms used but not otherwise defined herein shall have the respective meanings
            given such terms in the Share Acquisition Agreement as in effect on the date of this Agreement.

          

          

          In consideration of the premises and the respective mutual agreements, covenants, representations and warranties herein contained, the parties
            hereto agree as follows:

          

          

          1.           Certain Defined Terms. As used in this Agreement the following terms shall have the following meanings:

           

              

          “Claim Notice” shall have the meaning set forth in Section 4(a) of this Agreement.

           

          

           “Counter Notice” shall have the meaning set forth in Section 4(a) of this Agreement. 

           

          

          “Direction Letter” means a joint letter of direction executed by the Representative
            and BSVN. A Direction Letter shall (i) clearly identify itself as a Direction Letter delivered pursuant to this Agreement, and (ii) may direct the Escrow Agent to pay all or a specified portion of the Escrow Fund (and if less than all of the
            Escrow Fund, the Direction Letter shall clearly state the net amount payable) to a specified Person or Persons at a specified time or times and in a specified manner or manners, and (iii) may contain such other directions to the Escrow Agent as
            may be required by this Agreement, reasonably requested by the Escrow Agent or mutually agreeable to BSVN and the Representative (or either of them).

          

          

          “Escrow Account” shall have the meaning set forth in Section 3(a) of this Agreement. 

           

          

          “Escrow Agent” shall have the meaning set forth in the preamble to this Agreement.

           

          

           “Escrow Claim” shall have the meaning set forth in Section 4(a) of this Agreement.

           

          

           “Escrow Claim Period” shall have the meaning set forth in Section 5 of this Agreement.

           

          

          
            
              
                	
                        Exhibit B to the

                        Share Acquisition Agreement

                      	B-1	
                         

                      

              

            

          

           

           

          
            
              

          

          “Escrow Fund” shall have the meaning set forth in Section 3(a) of this Agreement. 

           

          

          “Escrow Income” shall have the meaning set forth in Section 3(d) of this Agreement.

           

          

           “Final Order” shall have the meaning set forth in Section 4(b) of this Agreement. 

           

          

          “Indemnitee” shall have the meaning set forth in Section 4(a) of this Agreement.

           

          

          “WBI Acquisition Shares” shall have the meaning set forth in Section 1.1 of the Share
            Acquisition Agreement.

          

          

          2.           Appointment of Escrow Agent. Representative and BSVN hereby designate and appoint the Escrow Agent to serve in accordance with the terms and conditions of this Agreement, and the Escrow Agent hereby agrees to
                act as such, upon the terms and conditions provided in this Agreement.

          

          

          
            3.          Escrow Fund.

          

          

          

          (a)          Deposit of Escrow Fund. Concurrently with the execution and delivery of this Agreement, BSVN shall deliver or cause to be delivered to the Escrow Agent in accordance with the terms of the Share Acquisition
                Agreement, immediately available funds in the amount of two hundred fifty thousand dollars ($250,000) into an escrow account (the “Escrow Account”). Such deposit shall be
                accompanied by a statement signed by the Representative setting forth the name and address of each Shareholder, and the amount of such deposit attributable to the interest of each such Shareholder. Representative shall be responsible for
                keeping the Escrow Agent advised in writing of any changes to the location information of any Shareholder. The amount deposited into the Escrow Account, together with any proceeds of investments thereof, that may be held in the Escrow
                Account from time to time are hereinafter referred to collectively as “Escrow Fund.” The Escrow Agent shall keep
                appropriate records to reflect the current value from time to time of the Escrow Fund, including appropriate adjustments for disbursements and income earned or losses in respect thereof. Subject to the Escrow Agent’s right to resign
                pursuant to Section 6 hereof, the Escrow Fund shall be held by the Escrow Agent pursuant to this Agreement as recourse for certain indemnification obligations of the Shareholders under Sections 9.1(a) of the Share Acquisition Agreement.
                Without limiting the foregoing, the Escrow Agent will not make any payment from or distribution of the Escrow Fund except as and in the manner expressly provided by this Agreement.

          

          

          (b)          Rights to Escrow Fund. Except as expressly provided herein, none of BSVN, the Representative, the Shareholders, or any of their respective Affiliates, shall
                have any right, title or interest in or possession of any of the Escrow Fund. Therefore, none of BSVN, the Representative, the Shareholders, or any of their respective Affiliates, shall have the ability to pledge, convey, hypothecate or
                grant a security interest in any portion of the Escrow Fund unless and until such assets have been disbursed to such party in accordance with Section 4 hereof, and (ii) until disbursed pursuant to Section 4 hereof, the Escrow
            Agent shall be in sole possession of the Escrow Fund and will not act or be deemed to act as custodian for any party for purposes of perfecting a security interest therein.

           

          

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-2	
                       

                    

            

            
              

          

          (c)          Investment of Escrow Funds. The Escrow Agent will invest any funds in the Escrow Account in certificates of deposit issued by any such bank(s) as BSVN and the Representative shall jointly designate to the Escrow
                Agent in writing; provided, however, that BSVN and the Representative, are obligated to limit their designation to banks that shall be organized under the laws of the United States or of any state, the deposits of which are insured by the
                Federal Deposit Insurance Corporation and which has capital, surplus and undivided profits aggregating at least $10,000,000. Such certificates of deposit shall have a maturity of six months or less.

          

          

          (d)       Escrow Income. The Escrow Agent shall retain in the Escrow Account all income, interest, increments and gains arising from the Escrow Fund until termination of the Escrow. Upon termination of the Escrow Fund,
                the Escrow Agent shall distribute to the Shareholders, pro rata based upon their respective Pro Rata Portion of the Escrow Fund to be distributed, an amount equal to 100% of all income, interest, increments and gains (if any) of all kinds
                earned on the Escrow Fund in the Escrow Account (collectively referred to herein as “Escrow Income”).

          

          

          4.          Disposition of Escrow Fund. The Escrow Fund is being established for the purpose of providing to BSVN additional security for, and as recourse against, certain indemnity obligations of the Shareholders pursuant
                to Section 9.1(a) of the Share Acquisition Agreement. The Escrow Fund shall be held and disposed of by the Escrow Agent for the benefit of BSVN, the Representative and the Shareholders, as the case may be, as follows:

          

          

          (a)         Claim Notice. If BSVN or any other person or entity specified in Section 9.1(a) of the Share Acquisition Agreement (each, an “Indemnitee”) has
                sustained any Damages, BSVN may give written notice (a “Claim Notice”) to the Representative and the Escrow Agent specifying in reasonable detail the nature and dollar amount of
                the Damages (a “Escrow Claim”) it believes the Indemnitee has against the Escrow Fund. Any such Escrow Claim(s) may be made from time to time for so long as the Escrow Fund is held
                pursuant to this Agreement. If the Representative gives written notice to BSVN and the Escrow Agent disputing any Escrow Claim (a “Counter Notice”) within 20 calendar days
                following the receipt by the Escrow Agent and the Representative of the Claim Notice, such Escrow Claim shall be resolved as provided in Section 4(b) below. If no Counter Notice is received by BSVN and the Escrow Agent within such 20-day
                period, then the dollar amount of the Damages claimed by BSVN as set forth in its Claim Notice shall be deemed established for the purposes of this Agreement and, at the end of such 20-day period, the Escrow Agent shall distribute to BSVN
                the amount claimed in the Claim Notice from (and only to the extent of) the Escrow Fund.

          

          

          (b)          Counter Notice. If a Counter Notice is given with respect to an Escrow Claim, the Escrow Agent shall make payment with respect thereto only in accordance with (i) a Direction Letter or (ii) a final written
                decision of an arbitrator pursuant to Section 8(c) hereof or, if such Section 8(c) is found not to be enforceable, a final nonappealable order of a court of competent jurisdiction (each, a “Final

                    Order”). Any court order shall be accompanied by a legal opinion by counsel for the presenting party satisfactory to the Escrow Agent to the effect that the order is final and nonappealable. The Escrow Agent shall act on any
                such final decision of an arbitrator or a court order and legal opinion without further question.

           

              

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-3	
                       

                    

            

            
              

          

          (c)          Representative’s Expenses. If the Representative incurs any out-of-pocket expenses in connection with the performance of the Representative’s duties under this Agreement or the Share Acquisition Agreement, the
                Representative may give written notice to the Escrow Agent specifying in reasonable detail the nature and dollar amount of such expenses. If any Escrow Funds remain in the Escrow Account at the end of the Escrow Claim Period (as defined
                below) after distribution of all amounts due BSVN under Sections 4(a) and 4(b) hereof, the Escrow Agent shall distribute to the Representative the amount claimed in the Representative’s notice from (and only to the extent of) the Escrow
                Fund.

          

          

          5.           Termination of Escrow. The escrow provided herein shall terminate on the later to occur of (i) the 18-month anniversary of the Effective Date unless an Escrow Claim shall have been asserted on or before such
                date which claim is unresolved in accordance with the procedure of Section 4 hereof, in which event the escrow shall continue until the Escrow Claim is resolved in accordance with Section 4(a) above or (ii) the date on which the Escrow
                Agent makes payment in accordance with the provisions of Section 4(b) above (the “Escrow Claim Period”). Upon termination of the escrow and after any distribution to the
                Representative pursuant to the last sentence of Section 4(c) above, all remaining Escrow Funds shall be distributed to the former holders of the WBI Acquisition Shares (which does not include any Dissenting Shares), pro rata based upon
                their respective Pro Rata Portion.

          

          

          
            6.         Escrow Agent.

          

          

          

          (a)          Protection of Escrow Agent. In consideration of this escrow by the Escrow Agent, the parties agree that:

          

          

          (i)         the Escrow Agent’s duties and
                responsibilities shall be limited to those expressly set forth in this Agreement, and the Escrow Agent shall not be subject to, nor obliged to recognize, any other agreement between, or direction or instruction of, any or all of the parties
                hereto even though reference thereto may be made herein; provided, however, that this Agreement may be amended at any time or times in accordance with Section 8(f) hereof;

          

          

          (ii)         subject to Sections 3(b) and
                8(e) hereof, no assignment of the interest of any of the parties or their successors shall be binding upon the Escrow Agent unless and until written evidence of such assignment in form satisfactory to Escrow Agent shall be filed with and
                accepted by Escrow Agent;

          

          

          (iii)        the Escrow Agent shall exercise
                the same degree of care toward the Escrow Fund as it exercises toward its own similar property or similar property held in escrow for the account of others (whichever degree of care is higher), and shall not be held to any higher standard
                of care under this Agreement;

          

          

          (iv)        the Escrow Agent shall not be
                called upon to advise any party as to selling or retaining, or taking or refraining from taking any action with respect to, any securities or other property deposited hereunder;

          

          

          (v)         the Escrow Agent shall be entitled to rely upon any order, judgment, certification, instruction, notice or other writing delivered to it in compliance with the provisions of this Agreement without being
            required to determine the authenticity or the correctness of any fact stated therein or the propriety or validity or service thereof; the Escrow Agent may act in reliance upon any instrument comporting with the provisions of this Agreement or
            signature believed by it to be genuine and may assume that any person or entity purporting to give notice or receipt or advice or make any statement or execute any document in connection with the provisions hereof has been duly authorized to do
            so; the Escrow Agent may act pursuant to the advice of counsel chosen by it with respect to any matter relating to this Agreement and shall not be liable for any action taken or omitted in accordance with such advice;

          

          

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-4	
                       

                    

            

            
              

          

          (vi)        if the Escrow Agent shall be
                uncertain as to its duties or rights hereunder or shall receive instructions from any of the undersigned with respect to any property held by it in escrow pursuant to this Agreement which, in the opinion of the Escrow Agent, are in conflict
                with any of the provisions of this Agreement, the Escrow Agent shall be entitled to refrain from taking any action until it shall be directed otherwise by a Direction Letter or Final Order;

          

          

          (vii)      if the Escrow Agent becomes
                involved in litigation in connection with this Agreement, it shall have the right to retain counsel, and shall be reimbursed for all reasonable costs and expenses, including its reasonable attorneys’ fees and expenses, incurred in
                connection therewith; such costs and expenses shall be paid, one-half by the Shareholders (pro rata based upon their respective Pro Rata Portion) and one-half by BSVN; provided, the Escrow Agent shall not be entitled to any reimbursement
                for its fees and expenses incurred as a result of its gross negligence or willful misconduct and, in the case of litigation between the Shareholders and the Escrow Agent, the Escrow Agent’s right to reimbursement from the Shareholders shall
                be contingent upon a written finding of an arbitrator pursuant to Section 8(c) hereof or, if such Section 8(c) is found not to be enforceable, an order of a court of competent jurisdiction, that the Escrow Agent acted reasonably with
                respect to the matter which is the subject of such litigation;

          

          

          (viii)       the Escrow Agent
                shall not be liable hereunder for, and BSVN and the Shareholders agree severally (and not jointly) (one-half to be borne by BSVN and the remainder to be borne severally by the Shareholders pro rata based upon their respective Pro Rata
                Portion) to indemnify the Escrow Agent for and hold it harmless as to, any loss, liability or expense, including reasonable attorneys’ fees and expenses, paid or incurred by the Escrow Agent in connection with the Escrow Agent’s duties
                under this Agreement, unless such loss, liability or expense was paid or incurred (x) without first obtaining the consent of BSVN and the Representative pursuant to the provisions contained in the last sentence of Section 6(b) hereof or
            (y) as a result of the Escrow Agent’s gross negligence or willful misconduct;

          

          

          (ix)         the Escrow Agent may, in its
                sole and absolute discretion, resign in a manner consistent with Section 6(c) hereof; and

          

          

          (x)        BSVN and the Representative may
                jointly remove and replace the Escrow Agent at any time, subject to the provisions of Sections 6(c) and 6(d) hereof.

          

          

          
            (b)        Fees and Expenses. The
                Escrow Agent shall be entitled to receive a fee of $          (the primary
                  escrow fee), payable in advance, in consideration for the performance of its duties hereunder for the period (or any part thereof) commencing with the date of this Agreement through and including the 18-month anniversary of
              the date of this Agreement. If the escrow has not been terminated as herein provided by or before the 18-month anniversary of the date of this Agreement, the Escrow Agent shall be entitled to receive an additional fee of $1,000 for the
              performance of its duties hereunder for each 12-month period (or a prorated amount for any part thereof) thereafter until the escrow is terminated. In addition, the Escrow Agent shall be entitled to receive reimbursement, payable quarterly in
              arrears upon submission to BSVN and the Representative of a reasonably detailed accounting therefor, of all reasonable expenses, disbursements or advances made or incurred by the Escrow Agent in implementing any of the provisions of this
              Agreement, including its reasonable attorneys’ fees and expenses, except any such expense, disbursement or advance as may arise from the Escrow Agent’s gross negligence or willful misconduct. The foregoing fees and expenses of the Escrow
              Agent are to be borne one- half by BSVN and one-half by the Shareholders (pro rata by the Shareholders based upon their respective Pro Rata Portion). Notwithstanding the foregoing, BSVN and the Shareholders shall not be obligated to reimburse
              the Escrow Agent for such expenses (other than expenses described in Section 6(a)(vii) hereof) to the extent they exceed $250 in the aggregate in any calendar year unless BSVN and the Representative shall have previously consented in writing
              to such additional expenditures.

          

          

          

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-5	
                       

                    

            

            
              

          

          (c)          Successor Escrow Agent. If the Escrow Agent shall be removed as escrow agent by BSVN and the Representative or shall resign or otherwise cease to act as escrow agent, BSVN and the Representative shall mutually
                agree upon a successor which successor shall be deemed to be the Escrow Agent for all purposes of this Agreement. In the event of the appointment of a successor to act as Escrow Agent under this Agreement, such successor shall be entitled
                to a fee for serving in said capacity as may be agreed to in writing by BSVN, the Representative and such successor.

          

          

          (d)          Survival-of-Obligations. The agreements contained in Section 6(a) hereof and, with respect to amounts accrued prior to termination, withdrawal or removal, Section 6(b) hereof shall survive termination of this
                Agreement and, with respect to any Escrow Agent, the withdrawal or removal of such Escrow Agent.

          

          

          7.          Representative Reserve Fund. All amounts payable by the Shareholders pursuant to Sections 6(a)(vii), 6(a)(viii) or 6(b) above shall first be paid on behalf of the Shareholders out of the Representative Reserve
                Fund to the extent of available funds, and upon the Representative Reserve Fund being exhausted without full payment of such amounts, the Representative shall promptly notify BSVN and the Escrow Agent in accordance with the first sentence
                of Section 4(c) of this Agreement

          

          

          
            8.            Miscellaneous.

          

          

          

          (a)          Notices. All notices or other communications which are required or permitted hereunder shall be in writing and sufficient if delivered personally or sent by overnight
                express or by certified or other USPS trackable mail, postage prepaid, or sent by email. Notices, demands and communication to BSVN, the Shareholders and the Representative will, unless another address is specified in writing, be sent to
                the respective address specified in the Share Acquisition Agreement. Notices, demands and communication to the Escrow Agent will, unless another address is specified in writing, be sent or delivered to the address specified
            below:

          

          

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-6	
                       

                    

            

            
              

          

           
            	
                     

                  	
                     

                  
	
                     

                  	
                     

                  
	
                     

                  	
                     

                  
	
                     

                  	
                     

                  
	Email: 

                    	
                     

                  

          

          

          (b)          Governing Law. Subject to the provisions of Section 8(c) below, this Agreement shall be construed and interpreted in accordance with the laws of the State of Oklahoma applicable to contracts made and performed
                entirely therein.

          

          

          (c)          Arbitration. The parties shall not be required but may elect, to submit any dispute between the parties related to or arising under this Agreement by agreement between all parties to such dispute to final
                binding arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association. Each party shall be responsible for paying its own court costs, attorney’s fees, expert fees and litigation expenses and not
                those of the opposing party(ies), as may be incurred in connection with any litigation or arbitration arising under or related to this Agreement.

          

          

          (d)          Counterparts. This Agreement and any amendments thereto may be signed in any number of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same
                Agreement. Intending that they may conduct business electronically, the parties acknowledge and agree that this Agreement and any valid amendments thereto: (a) may be signed with hand-applied signatures, or with digital, electronic or
                scanned signatures, and that all such signatures will be legally binding to the same extent as hand-applied signatures, and (b) may be delivered by U.S. mail, or by email in "portable document format" (".pdf"), or by any other electronic
                means intended to preserve the original graphic and pictorial appearance of a document. Each Party waives any legal requirement that this Agreement and any valid amendments must be embodied or stored in tangible form, and agrees that
                electronic reproduction thereof, with signatures as permitted by this Section 8(d), shall be given the same legal force and effect as signed, hardcopy originals.

          

          

          (e)         Successors and Assigns. Neither the Shareholders, the Representative nor BSVN shall assign or agree to assign or grant to any other party any rights under this Agreement, including without limitation any rights
                in or to the Escrow Fund, without the prior written consent of the other parties hereto, and this Agreement shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors, heirs, personal
                representatives and permitted assigns.

          

          

          (f)       Amendment, Waiver, etc. This Agreement may only be amended, modified, altered or revoked by a written instrument, signed by BSVN and the Representative; provided that no amendment or modification will be made to
                Section 6 hereof without the written consent of the Escrow Agent. BSVN and the Representative agree to give the Escrow Agent advance notice of any amendment or modification to this Agreement and to provide the Escrow Agent promptly with
                copies of any such amendment or modification.

           

              

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-7	
                       

                    

            

            
              

          

          (g)          Termination. This Agreement shall terminate upon complete distribution of the Escrow Fund in accordance with Section 4 hereof, provided, the provisions of Sections 6 and 8 hereof, shall survive any such
                termination and continue in full force and effect.

          

          

          (h)          Binding Effect. This Agreement shall be binding upon and inure to the benefit of each of the parties hereto, their respective successors and permitted assigns.

          

          

          (i)          Third-Party Beneficiaries. Unless expressly provided otherwise by this Agreement, this Agreement is for the sole benefit of the parties hereto and nothing in this Agreement express or implied shall give or be
                construed to give any person or entity, other than the parties hereto, any legal or equitable rights hereunder.

          

          

          (j)          Captions. The paragraph captions used herein are for reference purposes only, and shall not in any way affect the meaning or interpretation of this Agreement.

          

          

          (k)         Entire Agreement. This Agreement and the Share Acquisition Agreement sets forth the entire understanding of the parties hereto and supersedes all prior agreements and understandings, whether oral or written.

          

          

          *          *          *          *

           

          

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-8	
                       

                    

            

            
              

          

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

           

          

          
            	
                    
                      BSVN:

                    

                  	
                    BANK7 CORP.

                  
	
                     

                  	
                     

                  	
                     

                  	 
	
                     

                  	By:	
                     

                  	 
	
                     

                  	
                     

                  	Name:	 
	
                     

                  	
                     

                  	Title:

                  	 
	
                     

                  	
                     

                  	
                     

                  	 
	
                    REPRESENTATIVE:

                  	
                     

                  	
                     

                  	 
	 	Name:            , as Representative
	 	 	 	 
	ESCROW AGENT:	 	 	 
	 	 	 	 
	
                    

                    

                  	By:	 	 
	 	

                  	Name:	 
	 	 	Title:	 

          

          

          Signature Page to Escrow Agreement

           

          

          
            
              	
                      Exhibit B to the

                      Share Acquisition Agreement

                    	B-9	
                       

                    

            

            
              

          

          
          EXHIBIT C

          

          

          RESTRICTIVE COVENANT AGREEMENT

          

          

          THIS RESTRICTIVE COVENANT AGREEMENT (“Agreement”), is made and entered into as of
            this _       day of          , 2021, but effective as of the Closing, by and between Bank7 Corp., an Oklahoma corporation (“BSVN”),

            and the undersigned (the “Undersigned”) with reference to the following:

           

          

          WHEREAS, the Undersigned owns shares of common stock, par value $10.00 per share (the “WBI
                Common Stock”), of Watonga Bancshares, Inc. an Oklahoma corporation (“WBI”);1

          

          

          WHEREAS, the Undersigned has served as one or more of an officer, director or employee of WBI and/or its wholly-owned subsidiary, Cornerstone
            Bank, Watonga, Oklahoma (the “Bank”) prior to the closing of the Share Acquisition;

          

          

          WHEREAS, BSVN has entered into a Share Acquisition Agreement, dated as of the date hereof (the “Acquisition

                Agreement”), by and among BSVN, WBI, the Bank, pursuant to which all of the issued and outstanding WBI Common Stock will be acquired by BSVN (the “Share Acquisition”); and

          

          

          WHEREAS, as a condition and inducement to BSVN’s willingness to enter into the Share Acquisition Agreement and consummate the Share Acquisition,
            the Undersigned has agreed to enter into this Agreement in order to protect the Confidential Information of WBI and the Bank and preserve the business of WBI and the Bank for BSVN and its Affiliates following the Share Acquisition and any
            subsequent merger of WBI and the Bank with BSVN and its Affiliates.

          

          

          NOW, THEREFORE, in consideration of the mutual terms and provisions set forth herein and other good and valuable consideration, the receipt and
            sufficiency of which are hereby acknowledged, BSVN and the Undersigned agree as follows:

           

            

          1.            Capitalized Terms. Capitalized terms not otherwise defined herein shall have the meaning ascribed thereto in the Share Acquisition Agreement.

          

          

          2.         Nondisclosure of Confidential Information. The Undersigned acknowledges that he or she has been and may continue to be privy to trade secrets and confidential proprietary information critical to WBI or the Bank,
                including, without limitation, information developed or used by WBI, the Bank or their Affiliates, including information relating to the business, operations, employees, customers and suppliers of WBI, the Bank and their respective
                Affiliates. All such information is hereinafter referred to as “Confidential Information.” Provided, the term “Confidential Information” does not include any information that (i)
                is generally available to and known by the public, (ii) was available on a non-confidential basis from a source other than  Undersigned, or (iii) was independently acquired or developed without violating any laws or
            obligations under this Agreement. The Undersigned recognizes that all such Confidential Information is the property of WBI, the Bank or their Affiliates. From and after the Closing Date through the fifth anniversary of the Closing Date, the
            Undersigned shall not, directly or indirectly, without the prior written consent of BSVN, disclose any Confidential Information to any Person other than BSVN, its Affiliates or designees, whether or not such Person is a competitor of BSVN or
            its Affiliates, and shall use his reasonable best efforts to protect the confidentiality of, any Confidential Information obtained by, or which has come to the knowledge of, the Undersigned prior or subsequent to the date hereof.
            Notwithstanding any provision in this Agreement to the contrary, the Undersigned shall be authorized to disclose Confidential Information (i) as may be required by law or legal process or in any criminal proceeding against him, or (ii) with the
            prior written consent of BSVN.

          

          

          
            

          

          

          1This statement not to be included in Greg France’s Restrictive Covenant Agreement.

            
               

            

            
               

            

          

          
             

          

          

          

          
            
              
                	
                        Exhibit C to the

                        Share Acquisition Agreement

                      	C-2	
                         

                      

              

            

          

          
             

          

        

        
          
            

        

        

          3.           Non-Competition.2 From and after the Closing Date through the second anniversary of the Closing Date (the “Covered Period”), the Undersigned
                agrees not to (either personally or by or through his/her agent), directly or indirectly, with or without compensation, engage in, be employed by or have any interest in (whether as a shareholder, director, officer, employee, subcontractor,
                partner, consultant, proprietor, agent or otherwise) any federally insured depository institution or an Affiliate of such insured institution having an office located, or any employees principally doing business, in Blaine County, Oklahoma
                or any county contiguous thereto (a “Prohibited Business”). In addition, the Undersigned shall not, by loans, distributions, guarantees or otherwise, provide or make available
                funds, directly or indirectly, to a third party, which funds are to be used, in whole or in part, to invest in or operate a Prohibited Business. Provided, however, that the foregoing shall not (i) prevent or otherwise restrict the Undersigned from owning, directly or indirectly, in the aggregate (or providing funds to a third party to
                acquire), not more than 1% of any class of securities of any Prohibited Business or its Affiliates solely as a passive investment so long as such securities are listed for trading on NASDAQ in the over-the- counter market or are traded on a
                national securities exchange, (ii) prohibit the Undersigned from engaging in his principal line of business that might transact business with a Prohibited Business, or (iii) require the Undersigned to divest ownership in any Prohibited
                Business to the extent that such ownership exists as of the date of this Agreement.

          

          

          4.          Non-Solicitation. During the Covered Period, the Undersigned shall not, either personally or by or through his/her agent or by email or other electronic messaging, letters, circulars or advertisements and
                whether for himself/herself or on behalf of any other person, hire, solicit or seek to hire any employee of WBI, the Bank, or BSVN or any Affiliate of BSVN, or any individual who was an employee of the Bank during the six-month period prior
                to the Closing Date, or in any other manner attempt, directly or indirectly, to persuade any such employee to discontinue his or her status of employment with the Bank, BSVN or any of its Affiliates or to become employed in any business or
                activities likely to be competitive with the business of BSVN or any of its Affiliates. Additionally, during the Covered Period, the Undersigned shall not, for himself/herself or on behalf of any person, directly or
            indirectly solicit, divert or attempt to solicit or divert any established customer of the Bank or BSVN (who was an established customer of the Bank or BSVN, or any of their respective Affiliates, during the most recent one-year period
            preceding the later of the date of this Agreement or the date of any action in violation of this section) for the purpose of causing such customer to reduce or refrain from doing any business with the Bank, BSVN or its Affiliates. The
            Undersigned further agrees that, during the Covered Period, he/she will not, directly or indirectly, request or advise any established customers of the Bank, BSVN or any of its Affiliates to withdraw, curtail or cancel their business with the
            Bank, BSVN or such Affiliate. Nothing contained in this Agreement is intended to prohibit general advertising or solicitation not specifically directed at any or all of the customers or employees of the Bank, BSVN or its Affiliates.

          

          

          
            

           

            

          2 Section 3 not to be included in Greg France’s Restrictive Covenant Agreement with the identical “Covered Period” definition placed in Section 4.

           

          

          
            
              	
                      Exhibit C to the

                      Share Acquisition Agreement

                    	C-3	
                       

                    

            

            
              

          

          5.          Remedies. The Undersigned acknowledges and understands that Sections 2 and 3 of this
                Agreement are of a special and unique nature, the loss of which cannot be adequately compensated for in damages by an action at law, and that the breach or threatened breach of the provisions of this Agreement would cause BSVN irreparable
                harm. In the event of a breach or threatened breach by the Undersigned of the provisions of this Agreement, BSVN shall be entitled to pursue an injunction restraining him from such breach. Nothing contained in this Agreement shall be
                construed as prohibiting BSVN from pursuing, or limiting BSVN’s ability to pursue, any other remedies available for any breach or threatened breach of this Agreement by the Undersigned.

          

          

          6.           Undersigned’s Representations. The Undersigned hereby represents and warrants to BSVN that the execution, delivery and performance of this Agreement by the Undersigned does not and will not conflict with,
                breach, violate or cause a default under any agreement, contract or instrument to which the Undersigned is a party or any judgment, order or decree to which the Undersigned is subject.

          

          

          7.         Successors Bound; Assignability. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective officers, employees, agents, successors and assigns. This Agreement
                may not be assigned without the written consent of each of the parties hereto; provided, BSVN shall not be required to obtain the Undersigned’s consent in the event of an
                assignment of this Agreement to a successor to the business of BSVN, WBI or the Bank, or any successor by operation of law as a result of a merger or similar corporate transaction in which WBI, Bank, BSVN or its Affiliate is a party or in
                connection with the transfer of all or substantially all of the assets or capital stock of WBI, Bank, BSVN or its Affiliate.

          

          

          8.           Severability. It is the desire and intent of the parties hereto that the provisions of this Agreement be enforced to the fullest extent permissible under the
                laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular provision of this Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or
                unenforceable for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other
                jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn,
            without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction.

          

          

          
            
              	
                      Exhibit C to the

                      Share Acquisition Agreement

                    	C-4	
                       

                    

            

            
              

          

          9.          Entire Agreement. This Agreement constitutes the entire Agreement between the parties hereto with regard to the subject matter hereof, and there are no agreements, understandings, specific restrictions,
                warranties or representations relating to said subject matter between the parties other than those set forth herein.

          

          

          10.         Counterparts. This Agreement and any amendments hereto may be executed in one or more counterparts, each of which shall be deemed to be an original by the party executing such counterpart, but all of which shall
                be considered one and the same instrument. An email or other electronic transmission of a signed counterpart of this Agreement shall be sufficient to bind the party or parties whose signature(s) appear thereon.

          

          

          11.         Amendment and Waiver. No waiver, amendment or modification of any provision of this Agreement shall be effective unless in writing and signed by each party hereto. No failure or delay by any party in exercising
                any right, power or remedy under this Agreement shall operate as a waiver thereof or of any other right, power or remedy.  The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a
                waiver of any subsequent breach.

          

          

          12.         Notices. All notices or other communications which are required or permitted hereunder shall be in writing and sufficient if delivered personally or sent by overnight express or by certified or other USPS
                trackable mail, postage prepaid, or sent by email, addressed as follows:

          

          

          If to the Undersigned, to:

          

          

          
            	
                     

                  	
                     

                  
	
                     

                  	
                     

                  
	
                     

                  	
                     

                  
	
                    Email:

                  	
                     

                  

          

          

          

          If to BSVN, to:

           

              

          Bank7 Corp. c/o Bank7

          1039 N.W. 63rd

          Oklahoma City, OK 73116

          Attn: J.T. Phillips and Tom Travis 

          ttravis@bank7.com and JT.Phillips@bank7.com

          

          

          or to such other address as either party shall have furnished to the other in writing in accordance herewith. Notice and communications shall be effective when
            actually received by the addressee.

           

          

          
            
              	
                      Exhibit C to the

                      Share Acquisition Agreement

                    	C-5	
                       

                    

            

            
              

          

          13.         Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Oklahoma applicable to agreements made and entirely to be performed within such jurisdiction except to
                the extent federal law may be applicable.

          

          

          14.          Effectiveness; Termination. This Agreement shall be effective for all purposes as of the close of business on the Closing Date. This Agreement shall, without any further action of the parties, terminate
                immediately if the Acquisition Agreement is terminated pursuant to its terms and the Share Acquisition does not become effective.

           

              

          
            
              	
                      Exhibit C to the

                      Share Acquisition Agreement

                    	C-6	
                       

                    

            

            
              

          

          IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

          

          

          
            	
                     

                  	
                    BSVN:

                  
	
                     

                  	
                     

                  	
                     

                  	
                     

                  
	
                     

                  	
                    BANK7 CORP.

                  
	
                     

                  	
                     

                  	
                     

                  	
                     

                  
	
                     

                  	By:	
                     

                  	
                     

                  
	
                     

                  	
                     

                  	
                     

                  	
                     

                  
	 	 	 	 
	 	 	Name:

                  	 

          

          

          

          
            	
                     

                  	
                    UNDERSIGNED:

                  
	
                     

                  	
                     

                  	
                     

                  
	
                     

                  	Name:	
                     

                  

          

          

          [SIGNATURE PAGE TO RESTRICTIVE COVENANT AGREEMENT]

           

          

          
            
              	
                      Exhibit C to the

                      Share Acquisition Agreement

                    	C-7	
                       

                    

            

            
              

          

          
          EXHIBIT D 

           

          

          SHAREHOLDER VOTING AGREEMENT

           

          

          October 6, 2021

          

          

          Bank7 Corp.

          1039 N.W. 63rd

          Oklahoma City, OK 73116

          

          

          Ladies and/or Gentlemen:

          

          

          The undersigned shareholder of Watonga Bancshares, Inc., an Oklahoma corporation (“WBI”),

            which owns and controls 100% of the outstanding capital stock of Cornerstone Bank, Watonga, Oklahoma, an Oklahoma banking corporation (the “Bank”), understands that Bank7 Corp., an
            Oklahoma corporation (“BSVN”), is concurrently herewith entering into a Share Acquisition Agreement (the “Acquisition Agreement”)

            with WBI, the Bank and Randy Barrett, solely in his capacity as Representative (as defined therein). Subject to the terms and conditions of the Acquisition Agreement, BSVN will acquire all of the issued and outstanding shares of common stock of
            WBI (the “WBI Common Stock”) and thereby wholly own and control the Bank.

          

          

          Capitalized terms used but not defined herein shall have the meanings given to them in the Acquisition Agreement. The obligations of the
            undersigned pursuant to this Shareholder Voting Agreement (the “Agreement”) shall terminate upon the earlier of (a) consummation of the Share Acquisition, or (b) the termination of the
            Acquisition Agreement unless the Acquisition Agreement is terminated by BSVN in accordance with Section 8.1(b) of the Acquisition Agreement.

          

          

          1.          In order to induce BSVN to enter
                into the Acquisition Agreement, and intending to be legally bound hereby, the undersigned hereby represents, warrants and agrees that at the meeting of WBI’s shareholders contemplated by Section

                    6.6 of the Acquisition Agreement and any adjournment thereof or shareholder consent in lieu of meeting, the undersigned will, in person or by proxy, vote or cause to be voted in favor of the Acquisition Agreement all of the
                shares of WBI Common Stock beneficially owned or controlled by the undersigned individually (including any shares of WBI Common Stock owned by entities controlled by the undersigned) and, to the extent of the undersigned’s proportionate
                voting interests, shares of WBI Common Stock jointly owned with other persons, as well as (to the extent of the undersigned’s proportionate voting interest) any other shares of WBI Common Stock over which the undersigned may hereafter
                acquire beneficial ownership or control (collectively, the “Shares”). The undersigned further agrees that he will use his best efforts to cause any other shares of WBI Common Stock
                over which he has or shares voting power to be voted in favor of the Acquisition Agreement.

          

          

          2.           The undersigned represents
                warrants and agrees that he will vote in favor of the termination of any and all shareholder’s agreement(s) binding the shareholders of WBI in connection with WBI Common Stock, which termination shall be effective immediately prior to the
                Effective Time. Or alternatively, that there exists no such shareholder agreement and the undersigned will not vote for Bank to adopt or enter into, nor will the undersigned agree to, sign, or otherwise enter into any such shareholder
                agreement.

          
            

            

            

            
              
                	
                        Exhibit D to the

                        Share Acquisition Agreement

                      	D-1	
                         

                      

              

            

             

          

          
            
              

          

          3.          The undersigned represents and
                warrants that he has or shares the beneficial ownership or voting control of the number of shares of WBI Common Stock set forth opposite his name on Schedule A hereto (which
                schedule includes shares of WBI Common Stock held by entities controlled by the undersigned). The undersigned further represents, warrants and agrees that until the earlier of (a) the consummation of the transactions contemplated by the
                Acquisition Agreement, or (b) the termination of this Agreement in accordance with its terms, the undersigned will not, directly or indirectly:

          

          

          (a)          vote any of the Shares, or cause
                or permit any of the Shares to be voted, in favor of (i) any other sale, assignment, transfer or other disposition of any of the Shares, or any merger, consolidation, plan of liquidation, sale of assets, reclassification or other
                transaction involving WBI or the Bank, that would have the effect of any Person, other than BSVN or an Affiliate of BSVN, acquiring Control (as defined below) over WBI or the Bank, or any substantial portion of the assets or deposits of WBI
                or the Bank; (ii) any acquisition or purchase from WBI, the Bank or any other Person by any Person or “group” (as defined under Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder
                (collectively, the “Exchange Act”)) of more than a 15% interest in the total outstanding voting securities of WBI or the Bank or any tender offer or exchange offer that if
                consummated would result in any Person or “group” (as defined under Section 13(d) of the Exchange Act) beneficially owning 15% or more of the total outstanding voting securities of WBI or the Bank, any sale, assignment, transfer or other
                disposition of the Shares, or any merger, consolidation, business combination or similar transaction involving WBI or the Bank pursuant to which the shareholders of WBI immediately preceding such transaction hold less than 85% of the equity
                interests in the surviving or resulting entity of such transaction; (iii) any sale, lease (other than in the ordinary course of business), exchange, transfer, license (other than in the ordinary course of business), acquisition or
                disposition of more than 15% of the assets or deposits of WBI or the Bank; or (iv) any liquidation or dissolution of WBI or the Bank; or

           

              

          (b)          sell, assign, transfer or
                otherwise dispose of any of the Shares, or cause or permit any of the Shares to be sold, assigned, transferred or otherwise disposed of, whether such shares of WBI Common Stock are owned of record or beneficially by the undersigned on the
                date hereof (including shares held by entities controlled by the undersigned) or are subsequently acquired, except (i) for transfers by will or by operation of law (in which case this Agreement shall bind the transferee); (ii) for gifts by
                the undersigned, subject to the donee expressly assuming the obligations of the undersigned arising under this Agreement; (iii) for sales, assignments, transfers or other dispositions necessitated by hardship, with the prior written consent
                of BSVN (which consent will not be unreasonably withheld), provided that such transferee agrees to be bound by the terms hereof; or (iv) as BSVN may otherwise agree in writing.

           

          

          As used herein, the term “Control” means (A) the ability to direct the voting of 10% or more of the
            outstanding voting securities of a Person having ordinary voting power in the election of directors or in the election of any other body having similar functions, or (B) the ability to direct the management and policies of a Person, whether
            through ownership of securities, through any contract, arrangement or understanding or otherwise.

           

          

          4.          The undersigned represents that (a) he has the complete and unrestricted power and the unqualified right to enter into and perform the terms of this Agreement and that this Agreement does not conflict with the terms of
                any other agreement, understanding or document to which he is a party; (b) this Agreement constitutes a valid and binding agreement with respect to the undersigned, enforceable against the undersigned in accordance with its
            terms; (c) to the extent the Shares are owned individually, he has either sole and unrestricted voting power with respect to the Shares or such voting power is shared with another person entering into an agreement substantially identical to
            this Agreement, and (d) to the extent the Shares are owned by an entity identified on Schedule A, he controls the manner in which the entity can vote the Shares.

           

          

          
            
              	
                      Exhibit D to the

                      Share Acquisition Agreement

                    	D-2	
                       

                    

            

            
              

          

          5.          The parties hereto agree that
                irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by the undersigned in accordance with their specific terms or were otherwise breached. It is accordingly agreed that BSVN shall be
                entitled to seek such an injunction or injunctions to prevent breaches of this Agreement by the undersigned and to enforce specifically the terms and provisions hereof in any court of the United States or any state having competent
                jurisdiction, this being in addition to any other remedy to which BSVN is entitled at law or in equity.

           

            

          6.          It is the desire and intent of the
                parties hereto that the provisions of this Agreement be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular provision of
                this Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions
                of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in
                such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction

           

            

          7.          This Agreement may be executed in
                any number of counterparts, and each such counterpart shall be deemed to be an original instrument, but all such counterparts together shall constitute but one agreement. An email or other electronic transmission of a signed counterpart of
                this Agreement shall be sufficient to bind the party or parties whose signature(s) appear thereon.

           

            

          8.           This Agreement shall be governed
                by and construed in accordance with the laws of the State of Oklahoma applicable to agreements made and entirely to be performed within such jurisdiction except to the extent federal law may be applicable.  If any provision hereof is deemed
                unenforceable by a court of law the enforceability of the other provisions of this Agreement shall not be affected.

           

            

          9.           It is a condition to the
                effectiveness of this Agreement that the Acquisition Agreement shall have been executed and delivered by the parties thereto.

           

              

          
            	
                     

                  	
                    Very truly yours,

                  
	 	 	 
	
                     

                  	
                     

                  	
                     

                  
	
                     

                  	Name: 

                    	
                     

                  

            

            

          

          
            
              	
                      Exhibit D to the

                      Share Acquisition Agreement

                    	D-3	
                       

                    

            

            
              

          

          Accepted and Agreed:

           

          

          
            	“BSVN”	BANK7 CORP.
	
                     

                  	
                     

                  	
                     

                  
	
                     

                  	By:	

                  
	
                     

                  	Name:	

                  
	
                     

                  	Title: 

                      	

                  

          

          

          
            
              	
                      Exhibit D to the

                      Share Acquisition Agreement

                    	D-4	
                       

                    

            

            
              

          

          Schedule A – Shares Held by Shareholder

          

          

          	
                  Name of Shareholder

                	
                  Number of Shares 

                  Held Individually or 

                  in Controlled Entities

                	
                  Percentage of 

                  WBI Common Stock

                
	 	 	 
	
                  Voting Agreement Total

                	 	
                  %

                

           

          

          
            
              	
                      Exhibit D to the

                      Share Acquisition Agreement

                    	D-5	
                       

                    

            

            
              

          

          EXHIBIT E

          

          

          CERTIFICATE OF DISSOLUTION

          (Dissolving WBI)

          

          

          CERTIFICATE OF DISSOLUTION 

          OF

          WATONGA BANCSHARES, INC.

          AN OKLAHOMA CORPORATION

          

          

          TO THE OKLAHOMA SECRETARY OF STATE:

          The undersigned hereby executes the following articles for the purpose of dissolving an Oklahoma corporation pursuant to the provisions of Title 18, Section 1096:

          

          

          
            
              	 	
                      1.

                    	
                      The name of the corporation is Watonga Bancshares, Inc. (“WBI”).

                    

            

          

          

          

          	

                	2.	
                  The date of the filing of WBI’s original Articles of Incorporation with the Oklahoma Secretary of State was April 17, 1979.

                

          

          

          	

                	3.	
                  The name and street address of the registered agent for service of process in the State of Oklahoma is: Lynn Barrett, 115 West A Street, Watonga, Oklahoma 73772.

                

           

          

          	

                	4.	
                  The dissolution has been authorized by the board of directors and shareholders of the corporation, in accordance with subsections A and B of Section 1096 of the Oklahoma General Corporation
                    Act, authorized the dissolution in writing, to become effective as set forth below.

                

           

          

          
            
              	 	
                      5.

                    	
                      The names and addresses of the directors and officers of the corporation: ____________.

                    

            

          

          

          

          
            
              	 	
                      6.

                    	
                      The effective date and time of the dissolution shall be the later of ______ _.m. the ___ day of __________, 2021, or the date and time of filing of this
                        Certificate with the Oklahoma Secretary of State.

                    

            

          

          

          

          IN WITNESS WHEREOF, WBI has caused this Certificate of Dissolution to be executed and acknowledged the          day of          , 2021,.

          

          

          
            	
                     

                  	 	By:	
                     

                  	 
	
                     

                  	 	
                     

                  	
                     

                  	 
	
                    ATTEST:

                  	 	
                     

                  	
                     

                  	 
	
                     

                  	 	
                     

                  	
                     

                  	 

            

          

          
             

          

          
            
              
                	
                        Exhibit E to the

                        Share Acquisition Agreement

                      	E-6	
                         

                      

              

            

          

          
            
              

          

          
          EXHIBIT F

          

          

          BANK MERGER AGREEMENT

          

          

          THIS BANK MERGER AGREEMENT (the “Bank Merger Agreement” or this “Agreement”) is made and entered into as of the          day of          , 2021, by and between Bank7, Oklahoma City,
            Oklahoma, an Oklahoma chartered banking corporation organized and existing under the laws of the State of Oklahoma with deposits insured by the Federal Deposit Insurance Corporation (“Bank7”),

            and Cornerstone Bank, Watonga, Oklahoma, an Oklahoma chartered banking corporation organized and existing under the laws of the State of Oklahoma with deposits insured by the Federal Deposit Insurance Corporation (“Cornerstone”).

          W I T N E S S E T H:

          

          

          WHEREAS, Bank7 has authorized capital stock consisting of 200,000 shares of common stock, par value $0.25 per share, all of which shares are
            currently issued and outstanding;

          

          

          WHEREAS, Cornerstone is an Oklahoma banking corporation duly organized and existing under the laws of the State of Oklahoma, having an
            authorized capital stock consisting of 75,000 shares of common stock, par value $10.00 per share, all of which are issued and outstanding (the “Cornerstone Common Stock”);

          

          

          WHEREAS, Cornerstone Common Stock is owned and held by Cornerstone’s duly registered bank holding company, Watonga Bancshares, Inc. (“WBI”) an
            Oklahoma corporation, and Bank7’s common stock is owned and held by Bank7’s duly registered bank holding company, BSVN;

          

          

          WHEREAS, Cornerstone and WBI have entered into a Share Acquisition Agreement (the “Acquisition
                Agreement”) with BSVN, providing for the acquisition by BSVN of all of the issued and outstanding shares of WBI stock and thereby also acquiring control of all of the issued and outstanding shares of Cornerstone Common Stock (the
            “Share Acquisition”); and

          

          

          WHEREAS, the Acquisition Agreement provides that immediately following the Effective Time of the Share Acquisition and conditional upon the
            consummation of the Share Acquisition, WBI’s corporate existence shall be dissolved according to law and WBI liquidated into BSVN (the “WBI Liquidation”), and thereupon Cornerstone
            will immediately be merged with and into Bank7 pursuant to the terms of this Agreement and in accordance with the laws of the United States of American and the State of Oklahoma, as applicable.

          

          

          NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements herein contained, the parties agree as follows:

          
            
              
                 

                

                	
                        Exhibit F to the

                        Share Acquisition Agreement

                      	F-1	
                         

                      

              

            

          

          
            
              

          

          The Bank Merger and Related Matters

          

          

          1.1         The Conditional Bank Merger. At the Effective Time (as defined below) and provided that the Share Acquisition and WBI Liquidation shall have been consummated, Cornerstone shall be merged with and into Bank7 (the
                “Bank Merger”), and Bank7 shall be (and is hereinafter sometimes referred to as) the “Resulting Bank,” which shall have
                the name “Bank7.”

          

          

          1.2         Effective Time. The Bank Merger shall become effective at such time as the parties hereto shall determine, subject to the obtaining of all required shareholder and regulatory approvals and the expiration of any
                waiting periods (the “Bank Merger Effective Time”); provided, in no event shall the Bank Merger become effective until
                after the Effective Time of the Share Acquisition and of the WBI Liquidation.

          

          

          1.3        Effect of Merger. At the Bank Merger Effective Time, all rights, franchises and interests of Cornerstone in and to every type of property (real, personal and mixed) and choses in action shall be transferred to
                and vested in and to Bank7 as the Resulting Bank by virtue of the Bank Merger without any deed or other transfer. Bank7 as the Resulting Bank, upon the Bank Merger and without any order or any other action on the part of any court or
                otherwise, shall hold and enjoy all rights of property, franchises and interests, including appointments, designations and nominations, and all other rights and interests as trustee, executor, administrator, guardian of estates, assignee,
                receiver and in every other fiduciary capacity, in the same manner and to the same extent as such rights, franchises and interests were held or enjoyed by Cornerstone immediately prior to the Bank Merger. Bank7 as the Resulting Bank shall
                be liable for all liabilities of Cornerstone; all debts, liabilities, obligations and contracts of Cornerstone, matured or unmatured, whether accrued, absolute, contingent or otherwise, and whether or not reflected or reserved against on
                balance sheets, books of account or records of Cornerstone, as the case may be, shall be those of Bank7 as the Resulting Bank and shall not be released or impaired by the Bank Merger; and all rights of creditors and other obligees and all
                liens on property of Cornerstone shall be preserved unimpaired.

          

          

          1.4       Additional Actions. If, at any time after the Bank Merger Effective Time, Bank7 shall consider or be advised that any deeds, bills of sale, assignments, assurances or any other actions or things are
                necessary or desirable (i) to vest, perfect or confirm of record or otherwise in Bank7 its right, title or interest in, to or under any of the rights, properties or assets of Cornerstone acquired or to be acquired by Bank7 as a result of,
                or in connection with, the Bank Merger or (ii) to otherwise carry out the purposes of this Agreement, Cornerstone and its officers and directors shall be deemed to have granted to Bank7 an irrevocable power of attorney to execute and
                deliver all such deeds, bills of sale, assignments and assurances and to take and do all such other actions and things as may be necessary or desirable to vest, perfect or confirm any and all right, title and interest in, to and under such
                rights, properties or assets in Bank7 and otherwise to carry out the purposes of this Agreement. The officers and directors of Bank7 are fully authorized in the name of Cornerstone or otherwise to take any and all such actions.

           

              

          
            
              	
                      Exhibit F to the

                      Share Acquisition Agreement

                    	F-2	
                       

                    

            

            
              

          

          1.5          Cancellation of Shares. All of the Cornerstone Common Stock issued and outstanding immediately prior to the Bank Merger Effective Time shall by virtue of the Bank Merger, and without any further action on the
                part of the holders thereof, cease to be outstanding, and shall be automatically cancelled and shall cease to exist, and no consideration shall be paid or delivered with respect thereto.

          

          

          Articles of Association and Bylaws

          

          

          1.6          Articles of Association. The Amended Certificate of Incorporation of Bank7, as in effect immediately prior to the Bank Merger Effective Time, shall be the Articles of Association of the Resulting Bank, unless
                and until further amended as provided by law and such Articles of Association.

          

          

          1.7          Bylaws. The Bylaws of Bank7 as amended, as in effect immediately prior to the Bank Merger Effective Time, shall continue to be the Bylaws of the Resulting Bank until altered, amended or repealed as provided by
                law, the Articles of Association of the Resulting Bank and said Bylaws.

          

          

          Directors and Officers

          

          

          1.8          Directors. The names of the directors of the Resulting Bank are set forth on Appendix I hereto.

          

          

          1.9          Officers. The names of each of the officers of the Resulting Bank are set forth on Appendix II hereto.

          

          

          1.10       Tenure of Directors and Officers. The directors and the officers of the Resulting Bank shall hold office until the next annual meetings of shareholders and directors, respectively, subject to the
                provisions of the laws of the United States of America and subject to the Articles of Association as amended and Bylaws as amended of the Resulting Bank.

          

          

          Post-Merger Offices and Capitalization of Resulting Organization

          

          

          1.11       Offices of Resulting Bank. At the Bank Merger Effective Time the main banking office of the Resulting Bank will be located at1039 NW 63rd St., Oklahoma City, Oklahoma County, Oklahoma 73116.
                Full-service branch offices of the Resulting Bank will be located at the addresses specified in Appendix III hereto.

          

          

          1.12     Capital Stock. At the Bank Merger Effective Time, the authorized, issued and outstanding capital stock of the Resulting Bank shall consist of                      shares of common stock, par value $0.25 per share.

          

          

          1.13       Surplus and Undivided Profits. The amount of capital stock of the Resulting Bank shall be the amount of capital stock of Bank7 immediately prior to the Bank
                Merger Effective Time. At the Bank Merger Effective Time, the Resulting Bank shall have a surplus and undivided profits equal to the combined surplus and undivided profits of Bank7 and Cornerstone immediately prior to the Bank
            Merger Effective Time, plus the surplus account of the Resulting Bank shall be increased by the dollar amount of the capital stock account of Cornerstone, adjusted for all applicable accounting adjustments incident to the Share Acquisition,
            Dissolution and Bank Merger.

          

          

          
            
              	
                      Exhibit F to the

                      Share Acquisition Agreement

                    	F-3	
                       

                    

            

            
              

          

          Representations and Warranties of Bank7

          

          

          1.14       Corporate Organization. Bank7 is duly organized, validly existing and in good standing under the laws of the State of Oklahoma, and has all requisite corporate power and authority to own, lease and operate its
                properties and to carry on its business as is now being conducted. Bank7 is duly authorized, qualified and licensed under all applicable laws, regulations and orders of public authorities to conduct its banking business as presently
                conducted and to own and operate the assets purported to be owned by Bank7.

          

          

          1.15       Capitalization. The authorized capital stock of Bank7 consists of 200,000 shares of common stock, par value $0.25 per share, of which                      shares are currently issued and outstanding. All shares of Bank7 common stock
                have been duly and validly authorized and issued, are fully paid and except as provided by 6 Okla. Stat. § 220, are non- assessable.

          

          

          1.16     Authorization of Merger Agreement. Bank7 has full right and authority to execute and deliver the Merger Agreement and to consummate the transactions contemplated hereby. The execution, delivery and performance
                of the Merger Agreement, and the consummation of the transactions contemplated hereby, have been duly and validly authorized by the Board of Directors of Bank7 and by its shareholder, and no other corporate act or proceeding on the part of
                Bank7 is necessary to authorize the execution and delivery of the Merger Agreement and the consummation of the transactions contemplated hereby.

          

          

          Representations and Warranties of Cornerstone

          

          

          1.17       Corporate Organization. Cornerstone is duly organized, validly existing and in good standing under the laws of the State of Oklahoma, and has all requisite corporate power and authority to own, lease and operate
                its properties and to carry on its business as is now being conducted. Cornerstone is duly authorized, qualified and licensed under all applicable laws, regulations and orders of public authorities to conduct its banking business as
                presently conducted and to own and operate the assets purported to be owned by it.

          

          

          1.18       Capitalization. The authorized capital stock of Cornerstone consists of 75,000 shares of common stock, par value $10.00 per share. All shares of Cornerstone Common
                Stock have been duly and validly authorized and issued, are fully paid and, except as provided by 6 Okla. Stat. § 220, are non-assessable. There are no outstanding options, warrants or rights to subscribe for or purchase from Cornerstone
                any of its capital stock or any securities convertible into or exchangeable for any of Cornerstone’s capital stock, and no authorization therefore has been given.

          

          

          
            
              	
                      Exhibit F to the

                      Share Acquisition Agreement

                    	F-4	
                       

                    

            

            
              

          

          1.19       Authorization of Merger Agreement. Cornerstone has full right and authority to execute and deliver the Merger Agreement and to consummate the transactions contemplated hereby. The execution, delivery and
                performance of the Merger Agreement, and the consummation of the transactions contemplated hereby, have been duly and validly authorized by the Board of Directors of Cornerstone and by its shareholder, and no other corporate act or
                proceeding on the part of Cornerstone is necessary to authorize the execution and delivery of the Merger Agreement and the consummation of the transactions contemplated hereby.

          

          

          Generally

          

          

          1.20       Conditions Precedent. The respective obligations of each party to effect the Merger shall be expressly conditioned upon and subject to obtaining all requisite regulatory approvals and the expiration of any
                statutory waiting periods with respect to the Bank Merger, and the consummation of the Share Acquisition and WBI Liquidation.

           

            

          1.21       Termination. At any time prior to the Bank Merger Effective Time, whether before or after approval of the Bank Merger by the shareholder of Bank7 and Cornerstone, this Agreement (i) may be terminated by
                mutual agreement of Bank7 and Cornerstone and (ii) shall be automatically terminated in the event that the Acquisition Agreement shall be terminated without consummation of the Share Acquisition as provided therein. In the event of the
                termination of this Agreement, this Agreement shall become void and there shall be no liability on the part of Bank7 or Cornerstone pursuant to this Agreement which does not preempt or override any liability provided in the Acquisition
                Agreement .

           

            

          1.22       Waiver and Abandonment; Amendment. Any of the terms or conditions of this Agreement may be waived at any time, whether before or after action thereon by the shareholders of Bank7 or Cornerstone, by the party
                which is entitled to the benefits thereof; and this Agreement may be modified or amended at any time, whether before or after action thereon by the sole shareholders of Bank7 or Cornerstone, by the parties hereto.

           

            

          1.23       Notices. Any notice or communication required or permitted to be made in accordance with Section 10.07 of the Acquisition Agreement.

           

            

          1.24       Entire Agreement. This Agreement, the plan for Dissolution, and the Acquisition Agreement, together with the exhibits thereto, set forth the entire understanding of the parties hereto and supersede all prior
                agreements and understandings, whether oral or written.

           

            

          1.25       Binding Effect. This Agreement shall be binding upon and inure to the benefit of each of the parties hereto, their respective successors and permitted assigns.

           

            

          1.26       Further Assurances. Each of the parties hereto agrees to execute and deliver such further agreements, assurances, instruments and documents at any time reasonably
            requested by another party as is necessary or desirable to consummate the transactions contemplated by this Agreement.

           

          

          
            
              	
                      Exhibit F to the

                      Share Acquisition Agreement

                    	F-5	
                       

                    

            

            
              

          

          
            1.27      Construction. This Agreement shall be construed and interpreted in accordance with the laws of the United States of America and to the extent applicable, the laws of the State of Oklahoma applicable to
                  contracts made and performed entirely therein except to the extent federal law may be applicable.

             

              

            1.28       Counterparts. This Agreement may be executed in any number of counterparts, which, taken together, shall constitute one and the same instrument. An email or other electronic transmission of a signed
                  counterpart of this Agreement shall be sufficient to bind the party or parties whose signature(s) appear thereon.

             

              

            1.29       Section Headings; Capitalized Terms. The section headings contained in this Agreement are for convenience and reference only and shall not in any way effect the meaning or interpretation of this
                  Agreement. Capitalized terms not otherwise defined in this Agreement shall have the meanings ascribed to them in the Acquisition Agreement.

             

                

            IN WITNESS WHEREOF, Bank7 and Cornerstone have caused this Agreement to be executed by their duly authorized officers as of the date first above
              written.

            

            

            
              	“BANK7”	Bank7
	
                       

                    	
                      Oklahoma City, Oklahoma

                    
	
                       

                    	
                       

                    	
                       

                    
	
                       

                    	By:  

                    	/s/ Thomas L. Travis
	
                       

                    	
                       

                    	Thomas L. Travis, President and Chief Executive Officer
	
                       

                    	
                       

                    	
                       

                    
	“CORNERSTONE”	CORNERSTONE BANK

                    
	 	
                      Watonga, Oklahoma

                    
	 	 	 
	 	By:	/s/ Danny Lawson
	 	 	Danny Lawson, Chief Executive Officer

            

            

          

          
            	
                    Attachments:

                  	
                    Appendix I – List of Directors

                    Appendix II – List of Officers 

                    
                      Appendix III – Branch office locations

                       

                  

          

          

          
          

            
              	
                      Exhibit F to the

                      Share Acquisition Agreement

                    	F-6Exhibit 4.1

 

Execution Version

 

COTERRA ENERGY
INC.

 

to

 

U.S. BANK NATIONAL
ASSOCIATION,

 

Trustee

 

INDENTURE

 

Dated as of October 7,
2021

 

SENIOR DEBT SECURITIES

 

     

     

    

 

COTERRA ENERGY INC. 

Certain Sections
of this Indenture relating to Sections 310

through 318, inclusive, of the Trust Indenture Act

 

	Trust
    Indenture Act Section
	Indenture
    Section

	Section 310(a)(1)	609
	(a)(2)	609
	(a)(3)	Not
    Applicable
	(a)(4)	Not
    Applicable
	(a)(5)	609
	(b)

    (c)
	608

    Not Applicable

	Section 311(a)	613
	(b)	613
	Section 312(a)	701;
    702
	(b)	702
	(c)	702
	Section 313(a)	703
	(b)(1)

    (b)(2)
	Not Applicable

    703

	(c)	703
	(d)	703
	Section 314(a)	704
	(a)(4)	102;
    704
	(b)	Not
    Applicable
	(c)(1)	102
	(c)(2)	102
	(c)(3)	Not
    Applicable
	(d)	Not
    Applicable
	(e)

    (f)
	102

    Not Applicable

	Section 315(a)	601
	(b)	602
	(c)	601
	(d)	601
	(e)	514
	Section 316(a)	101
	(a)(1)(A)	502;
    512
	(a)(1)(B)	513
	(a)(2)	Not
    Applicable
	(b)	508
	(c)	104
	Section 317(a)(1)	503
	(a)(2)	504
	(b)	1003
	Section 318(a) 
	107
	(b)

    (c)
	Not Applicable

    107

 

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

  

    i

     

    

 

Table of Contents

 

Page

 

	Article I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	     1
	SECTION 101. Definitions	1
	SECTION 102. Compliance Certificates and Opinions	10
	SECTION 103. Form of Documents Delivered to Trustee	10
	SECTION 104. Acts of Holders; Record Dates	11
	SECTION 105. Notices, Etc., to Trustee, Company	13
	SECTION 106. Notice to Holders; Waiver	14
	SECTION 107. Trust Indenture Act Matters	15
	SECTION 108. Effect of Headings and Table of Contents	15
	SECTION 109. Successors and Assigns	15
	SECTION 110. Separability Clause	15
	SECTION 111. Benefits of Indenture	15
	SECTION 112. Governing Law	15
	SECTION 113. Legal Holidays	15
	SECTION 114. No Adverse Interpretation of Other Agreements	16
	SECTION 115. No Personal Liability of Directors, Officers, Employees and Stockholders	16
	SECTION 116. Language of Notices, Etc.	16
	SECTION 117. Force Majeure	16
	SECTION 118. Waiver of Jury Trial	16
	Article II SECURITY FORMS	     17
	SECTION 201. Forms Generally	17
	SECTION 202. Form of Face of Security	17
	SECTION 203. Form of Reverse of Security	19
	SECTION 204. Form of Trustee’s Certificate of Authentication	23
	SECTION 205. Special Transfer Provisions	23
	Article III THE SECURITIES	     29
	SECTION 301. Amount Unlimited; Issuable in Series	29
	SECTION 302. Denominations	33
	SECTION 303. Execution, Authentication, Delivery and Dating	33
	SECTION 304. Temporary Securities	34
	SECTION 305. Registration, Registration of Transfer and Exchange	35
	SECTION 306. Mutilated, Destroyed, Lost and Wrongfully Taken Securities	37
	SECTION 307. Payment of Interest; Interest Rights Preserved	38
	SECTION 308. Persons Deemed Owners	39
	SECTION 309. Cancellation	39
	SECTION 310. Computation of Interest	40
	SECTION 311. CUSIP Numbers	40
	Article IV SATISFACTION AND DISCHARGE	     40
	SECTION 401. Satisfaction and Discharge of Indenture	40
	SECTION 402. Application of Trust Money	41

 

    ii

     

    

 

	Article V REMEDIES	     42
	SECTION 501. Events of Default	42
	SECTION 502. Acceleration of Maturity; Rescission and Annulment	43
	SECTION 503. Collection of Indebtedness and Suits for Enforcement by Trustee	44
	SECTION 504. Trustee May File Proofs of Claim	45
	SECTION 505. Trustee May Enforce Claims Without Possession of Securities	45
	SECTION 506. Application of Money Collected	45
	SECTION 507. Limitation on Suits	46
	SECTION 508. Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert	46
	SECTION 509. Restoration of Rights and Remedies	47
	SECTION 510. Rights and Remedies Cumulative	47
	SECTION 511. Delay or Omission Not Waiver	47
	SECTION 512. Control by Holders	47
	SECTION 513. Waiver of Past Defaults	48
	SECTION 514. Undertaking for Costs	48
	SECTION 515. Waiver of Usury, Stay or Extension Laws	48
	Article VI THE TRUSTEE	     49
	SECTION 601. Certain Duties and Responsibilities	49
	SECTION 602. Notice of Defaults	50
	SECTION 603. Certain Rights of Trustee	50
	SECTION 604. Not Responsible for Recitals or Issuance of Securities	52
	SECTION 605. May Hold Securities	52
	SECTION 606. Money Held in Trust	52
	SECTION 607. Compensation and Reimbursement	53
	SECTION 608. Conflicting Interests	54
	SECTION 609. Corporate Trustee Required; Eligibility	54
	SECTION 610. Resignation and Removal; Appointment of Successor	54
	SECTION 611. Acceptance of Appointment by Successor	56
	SECTION 612. Merger, Conversion, Consolidation or Succession to Business	57
	SECTION 613. Preferential Collection of Claims Against Company	57
	SECTION 614. Appointment of Authenticating Agent	57
	Article VII HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	     58
	SECTION 701. Company to Furnish Trustee Names and Addresses of Holders	58
	SECTION 702. Preservation of Information; Communications to Holders	59
	SECTION 703. Reports by Trustee	59
	SECTION 704. Reports by Company	59
	Article VIII SUCCESSORS	     60
	SECTION 801. Merger and Consolidation	60
	Article IX SUPPLEMENTAL INDENTURES	     61
	SECTION 901. Supplemental Indentures Without Consent of Holders	61
	SECTION 902. Supplemental Indentures With Consent of Holders	63
	SECTION 903. Execution of Supplemental Indentures	64
	SECTION 904. Effect of Supplemental Indentures	64
	SECTION 905. Conformity with Trust Indenture Act	64
	SECTION 906. Reference in Securities to Supplemental Indentures	64

 

    iii

     

    

 

	Article X COVENANTS	     64
	SECTION 1001. Payment of Principal, Premium and Interest	64
	SECTION 1002. Maintenance of Office or Agency	65
	SECTION 1003. Money for Securities Payments to Be Held in Trust	65
	SECTION 1004. Corporate Existence	66
	SECTION 1005. Statement by Officers as to Default	66
	SECTION 1006. Waiver of Certain Covenants	67
	Article XI REDEMPTION OF SECURITIES	     67
	SECTION 1101. Applicability of Article	67
	SECTION 1102. Election to Redeem; Notice to Trustee	67
	SECTION 1103. Selection by Trustee of Securities to Be Redeemed	68
	SECTION 1104. Notice of Redemption	68
	SECTION 1105. Deposit of Redemption Price	69
	SECTION 1106. Securities Payable on Redemption Date	70
	SECTION 1107. Securities Redeemed in Part	70
	SECTION 1108. No Limit on Repurchases	70
	Article XII SINKING FUNDS	     71
	SECTION 1201. Applicability of Article	71
	SECTION 1202. Satisfaction of Sinking Fund Payments with Securities	71
	SECTION 1203. Redemption of Securities for Sinking Fund	71
	Article XIII DEFEASANCE AND COVENANT DEFEASANCE	     72
	SECTION 1301. Company’s Option to Effect Defeasance or Covenant Defeasance	72
	SECTION 1302. Defeasance and Discharge	72
	SECTION 1303. Covenant Defeasance	72
	SECTION 1304. Conditions to Defeasance or Covenant Defeasance	73
	SECTION 1305. Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions	74
	SECTION 1306. Reinstatement	75

 

    iv

     

    

 

INDENTURE,
dated as of October 7, 2021 between Coterra Energy Inc., a corporation duly organized and existing under the laws of the State of
Delaware (herein called the “Company”), having its principal office at Three Memorial City Plaza, 840 Gessner
Road, Suite 1400, Houston, Texas 77024, and U.S. Bank National Association, a national banking association duly organized and existing
under the laws of the United States of America, 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”) to be issued in one or
more series as in this Indenture provided.

 

All
things necessary to make this Indenture a valid 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 I

 

DEFINITIONS
AND OTHER PROVISIONS

OF GENERAL APPLICATION

 

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 GAAP;

 

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

 

(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;

 

    1 

     

    

 

(6)            when
used with respect to any Security, the words “convert,” “converted” and “conversion” are intended
to refer to the right of the Holder or the Company to convert or exchange such Security into or for securities or other property in accordance
with such terms, if any, as may hereafter be specified for such Security as contemplated by Section 301, and these words
are not intended to refer to any right of the Holder or the Company to exchange such Security for other Securities of the same series
and like tenor pursuant to Section 304, 305, 306, 906 or 1107 or another similar provision of
this Indenture, unless the context otherwise requires; and references herein to the terms of any Security that may be converted mean
such terms as may be specified for such Security as contemplated in Section 301;

 

(7)            unless
the context otherwise requires, any reference to “duly provided for” and other words of similar import with respect to any
amount or property required to be paid or delivered, as applicable, shall include, without limitation, having made such amount or property
available for payment or delivery;

 

(8)            references
to sections of or rules under the Securities Act shall be deemed to include substitute, replacement of successor sections or rules adopted
by the Commission from time to time;

 

(9)            when
the words “includes” or “including” are used herein, they shall be deemed to be followed by the words “without
limitation;” and

 

(10)          “or”
is not exclusive.

 

“144A
Global Security” means a Global Security bearing the Private Placement Legend and deposited with or on behalf of, and registered
in the name of, the Depositary or its nominee, that shall be issued in a denomination equal to the outstanding principal amount of the
Securities of a particular series sold in reliance on Rule 144A under the Securities Act.

 

“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.

 

“Applicable
Procedures” of a Depositary means, with respect to any matter at any time, the policies and procedures of such Depositary,
if any, that are applicable to such matter at such time.

 

“ATOP”
has the meaning specified in Section 104.

 

“ATOP
Message” has the meaning specified in Section 205(1)(B).

 

    2 

     

    

 

“Authenticating
Agent” means, when used with respect to Securities of any series, any Person authorized by the Trustee to act on behalf
of the Trustee to authenticate the Securities of such series.

 

“Board
of Directors” means (a) as to any Person that is a corporation, the board of directors of such Person or any duly
authorized committee thereof, (b) as to any Person that is a partnership (general or limited), the board of directors of a general
partner of such partnership or any duly authorized committee thereof, or (c) with respect to any other Person, the Person or group
of Persons serving a similar function or any duly authorized committee thereof.

 

“Board
Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been
duly adopted by its Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee.
Where any provision of this Indenture refers to action to be taken pursuant to a Board Resolution (including the establishment of any
series of the Securities and the forms and terms thereof), such action may be taken by any officer or employee of the Company authorized
to take such action by its Board of Directors as evidenced by a Board Resolution.

 

“Broker
Dealer” has the meaning set forth in the applicable Registration Rights Agreement.

 

“Business
Day,” when used with respect to any Place of Payment, means any day which is not a day on which banking institutions in
that Place of Payment are authorized or obligated by law or executive order to close; provided that, when used with respect to
any Security, “Business Day” may have such other meaning, if any, as may be specified for such Security as contemplated by
Section 301.

 

“Clearstream”
means Clearstream Banking, société anonyme and its successors.

 

“Commission”
means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act, or, if at any time after
the execution of this instrument such 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 instrument 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 any two Officers of the Company.

 

“Corporate
Trust Office” means the designated office of the Trustee at which at any particular time its corporate trust business shall
be administered and which, at the date hereof, is located at 950 17th Street, 12th Floor, Denver, Colorado 80202, Attn: Global Corporate
Trust, or at such other address as the Trustee may designate from time to time by notice to the Holders and the Company, or the principal
corporate trust office of any successor Trustee.

 

    3 

     

    

 

“corporation”
means a corporation, association, company (including a limited liability company), joint-stock company, business trust or other business
entity (other than a partnership).

 

“Covenant
Defeasance” has the meaning specified in Section 1303.

 

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

 

“Defeasance”
has the meaning specified in Section 1302.

 

“Depositary”
means The Depository Trust Company, its nominees and their respective successors and assigns, or such other depository institution as
may hereafter be appointed by the Company with respect to any Securities.

 

“DTC”
has the meaning specified in Section 104.

 

“Euroclear”
means Euroclear Bank S.A./N.V., as operator of the Euroclear system, and any successor thereto.

 

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

 

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

 

“Exchange
Offer,” has the meaning set forth in the applicable Registration Rights Agreement.

 

“Exchange
Offer Registration Statement” has the meaning set forth in the applicable Registration Rights Agreement.

 

“Exchange
Securities” means any Securities containing terms identical to Securities of a particular series bearing a Private Placement
Legend (except that such Exchange Securities shall be registered under the Securities Act and shall not be included in a Private Placement
Legend) that are issued and exchanged for any such Securities pursuant to the applicable Registration Rights Agreement in an Exchange
Offer in accordance with Section 205(3).

 

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

 

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

 

“Global
Security” means, with respect to any series of Securities, one or more Securities issued in global form and executed by
the Company and authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in
accordance with this Indenture and pursuant to a Company Order, which (i) shall be registered in the name of the Depositary or its
nominee and (ii) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of such of the Outstanding
Securities of such series as shall be specified therein.

 

    4 

     

    

 

“Holder”
means a Person in whose name a Security is, at the time of determination, 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 any particular series or specific
Securities within a series established as contemplated by Section 301.

 

“Indirect
Participant” means a Person who holds a beneficial interest in a Global Security through a Participant.

 

“Initial
Purchaser” has the meaning set forth in the applicable Registration Rights Agreement, if applicable.

 

“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.

 

“Legended
Regulation S Global Security” means a Global Security bearing the Private Placement Legend and deposited with or on behalf
of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of
any series of Securities initially sold in reliance on Rule 903 of Regulation S.

 

“Letter
of Transmittal,” means the letter of transmittal prepared by the Company and sent to all Holders of any series of Securities
for use by such Holders in connection with an Exchange Offer, as applicable.

 

“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”
has the meaning specified in Section 105.

 

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

 

    5 

     

    

 

“Officer”
means the Chairman of the Board, the Chief Executive Officer, the President, the Chief Financial Officer, any Vice President, the Treasurer
or the Secretary of the Company

 

“Officers’
Certificate” means a certificate signed by two Officers or by an Officer and either an Assistant Treasurer or an Assistant
Secretary of the Company.

 

“Opinion
of Counsel” means a written opinion from legal counsel, who may be an employee of or counsel to the Company, and who is
acceptable to the Trustee, that meets the requirements of Section 102.

 

“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 Defeasance has been effected pursuant to Section 1302;

 

(4)            Securities
which have been paid pursuant to Section 306 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 protected purchaser in whose hands such Securities are valid obligations
of the Company; and

 

    6 

     

    

 

(5)            Securities
as to which any property deliverable upon conversion thereof has been delivered (or such delivery has been duly provided for), or as
to which any other particular conditions have been satisfied, in each case as may be provided for such Securities as contemplated in
Section 301; 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, (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 which 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 which 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, composite 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, only Securities which a Responsible
Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith
may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with
respect to such Securities and that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company.

 

“Participant”
means, with respect to the Depositary, Euroclear or Clearstream, a Person who has an account with the Depositary, Euroclear or Clearstream,
respectively (and with respect to DTC, shall include Euroclear and Clearstream).

 

“Paying
Agent” means any Person 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, joint venture, association, joint stock company, trust, unincorporated organization,
limited liability company, government or any agency or political subdivision thereof or any other entity.

 

“Place
of Payment,” when used with respect to the Securities of any series and subject to Section 1002, means the
place or places where the principal of and any premium and interest on the Securities of that series are payable as contemplated by Section 301.

 

“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 wrongfully taken Security shall be deemed to evidence the same debt
as the mutilated, destroyed, lost or wrongfully taken Security.

 

“Private
Placement Legend” means the legend set forth in Section 205(4) to be placed on all Securities issued under
this Indenture without registration under the Securities Act, except where otherwise permitted by the provisions of this Indenture.

 

“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.

 

    7 

     

    

 

“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.

 

“Registration
Rights Agreement,” means any registration rights agreement between the Company and the other parties thereto pursuant to
which the Company agrees to register the offering of one or more specified series of Securities under the Securities Act.

 

“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.

 

“Regulation
S” means Regulation S under the Securities Act.

 

“Regulation
S Global Security” means a Global Security deposited with or on behalf of, and registered in the name of, the Depositary
or its nominee, that shall be issued in a denomination equal to the outstanding principal amount of the Securities of a particular series
sold in reliance on Regulation S.

 

“Responsible
Officer,” when used with respect to the Trustee, means any officer within the corporate trust department of the Trustee,
including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer
of the Trustee who customarily performs functions similar to those performed by the persons who at the time shall be such officers, respectively,
or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject
and who shall have direct responsibility for the administration of this Indenture.

 

“Restricted
Definitive Security” means a definitive Security bearing the Private Placement Legend.

 

“Restricted
Global Security” means a Global Security bearing the Private Placement Legend.

 

“Restricted
Period” means the applicable 40-day distribution compliance period as defined in Regulation S.

 

“Securities”
has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered
under this Indenture.

 

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

 

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

 

    8 

     

    

 

“Shelf
Registration Statement” means the Shelf Registration Statement as defined in the applicable Registration Rights Agreement.

 

“Special
Record Date” for the payment of any Defaulted Interest, means a date fixed by the Trustee 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,”
with respect to any Person, means any (i) corporation, association or other business entity of which the outstanding capital stock
having a majority of the votes entitled to be cast in the election of directors, managers or trustees of such corporation, association
or other business entity under ordinary circumstances shall at the time be owned, directly or indirectly, by such Person or any other
Person of which a majority of the voting interests under ordinary circumstances is at the time, directly or indirectly, owned by such
Person or (ii) any partnership (a) the sole general partner or the managing general partner of which is such Person or a Subsidiary
of such Person or (b) the only general partners of which are that Person or one or more Subsidiaries of that Person (or any combination
thereof).

 

“Trust
Indenture Act” means the Trust Indenture Act of 1939 as in force at the date as of which this Indenture 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 instrument until a successor Trustee
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall
mean or include each Person who is then a Trustee hereunder, and if at any time there is more than one such Person, “Trustee”
as used with respect to the Securities of any series shall mean the Trustee with respect to Securities of that series.

 

“Uniform
Commercial Code” means the Uniform Commercial Code in effect in the State of Delaware or the State of New York, as applicable,
in each case as amended from time to time.

 

“Unrestricted
Definitive Security” means one or more definitive Securities that do not bear and are not required to bear the Private
Placement Legend.

 

“Unrestricted
Global Security” means a Global Security that is deposited with or on behalf of and registered in the name of the Depositary,
representing a series of Securities, and that does not bear the Private Placement Legend.

 

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

 

“U.S.
Person” means a U.S. person as defined in Rule 902(k) under the Securities Act.

 

    9 

     

    

 

“Vice
President,” when used with respect to the Company or the Trustee, means any executive vice president and any senior vice
president, whether or not designated by a number or a word or words added before or after the title “executive vice president”
or “senior 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 a Company Order or
Company Request, accompanied by an Officers’ Certificate and Opinion of Counsel. 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 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.

 

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, or representation by, 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 that the certificate or opinion or representations with respect to such matters
are erroneous.

 

    10 

     

    

 

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 or pursuant to 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 an agent or agents
duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument
or instruments are delivered to the Trustee 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. Reasonable proof of execution of any such instrument or of a writing appointing any such
agent 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 104.

 

Without
limiting the generality of this Section 104, unless otherwise provided in or pursuant to this Indenture, (i) a Holder,
including a Depositary or its nominee that is a Holder of a Global Security, may give, make or take, by an agent or agents duly appointed
in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted in or pursuant
to this Indenture to be given, made or taken by Holders, and a Depositary or its nominee that is a Holder of a Global Security may duly
appoint in writing as its agent or agents members of, or participants in, such Depositary holding interests in such Global Security in
the records of such Depositary; and (ii) with respect to any Global Security the Depositary for which is The Depository Trust Company
(“DTC”), any consent or other action given, made or taken by an “agent member” of DTC by electronic
means in accordance with the Automated Tender Offer Procedures (“ATOP”) system or other Applicable Procedures
of, and pursuant to authorization by, DTC shall be deemed to constitute the “Act” of the Holder of such Global
Security, and such Act shall be deemed to have been delivered to the Company and the Trustee upon the delivery by DTC of an “agent’s
message” or other notice of such consent or other action having been so given, made or taken in accordance with the Applicable
Procedures of DTC.

 

The
fact and date of the execution by any Person of any instrument or writing may be proved by any reasonable method including 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. In addition, 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
ownership of Securities 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.

 

    11 

     

    

  

With
respect to Securities of any series, the Company may set any day as a record date for the purpose of determining the Holders of Outstanding
Securities of such 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 set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving, making or taking
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 give, make
or take the relevant action, whether or not such Holders remain Holders after such record date; provided, however, that
no such action shall be effective hereunder unless given, made or 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 given, made or taken by Holders of the requisite principal
amount of Outstanding Securities of the relevant series on the date such action is given, made or 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 Sections 105 and 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, making or taking 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 give, make or take
such notice, declaration, request or direction, whether or not such Holders remain Holders after such record date; provided, however,
that no such action shall be effective hereunder unless given, made or 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 given, made or taken by Holders of the requisite principal
amount of Outstanding Securities of the relevant series on the date such action is given, made or 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 Sections 105 and 106.

 

    12 

     

    

 

With
respect to any record date set pursuant to this Section 104, the party hereto which 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 104,
the party hereto which 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 to an earlier day as provided in this paragraph.
Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day after the applicable record date.

 

Without
limiting the foregoing, a Holder entitled hereunder to give, make or take any action hereunder with regard to any particular Security
may do so, in person or by an agent duly appointed in writing, with regard to all or any part of the principal amount of such Security.

 

SECTION 105.
Notices, Etc., to Trustee, 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 (unless otherwise
herein expressly provided) if made, given, furnished or filed in writing and delivered in Person, mailed by first class mail (registered
or certified, return receipt requested), sent by overnight courier guaranteeing next Business Day delivery to or with the Trustee addressed
to it at its Corporate Trust Office or (2) the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder
(unless otherwise herein expressly provided) if made, given, furnished or filed in writing and delivered in Person, mailed by first class
mail (registered or certified, return receipt requested), sent by overnight courier guaranteeing next Business Day delivery, to or with
the Company addressed to it at the address of its principal office specified in the first paragraph of this instrument, Attention: Chief
Financial Officer, with a copy to Baker Botts L.L.P., 910 Louisiana Street, Houston, Texas 77002, Attention: Justin F. Hoffman, or at
any other address previously furnished in writing to the Trustee by the Company including any email address.

 

All
requests, demands, authorizations, directions, notices, consents, waivers or Acts of Holders or other such documents made, given, furnished
or filed with or to the Trustee or the Company shall be deemed to have been duly made, given furnished or filed: (i) at the time
delivered by hand, if personally delivered; (ii) upon confirmation of delivery, if mailed by first class mail (registered or certified,
return receipt requested), if mailed; (iii) the next Business Day after timely delivery to the courier, if sent by overnight air
courier guaranteeing next Business Day delivery; and (iv) when receipt is acknowledged, if transmitted by electronic transmission
or other similar means of unsecured electronic communication. Notices given by publication will be deemed given on the first date on
which publication is made.

 

    13 

     

    

 

The
Trustee shall have the right to accept and act upon any notice, instruction, or other communication from the Company, including any funds
transfer instruction (each, a “Notice”), received pursuant to this Indenture by electronic transmission (including
by e-mail, web portal or other electronic methods) and reasonably believed by the Trustee to be valid and the Trustee shall not have
any duty to confirm that the person sending such Notice is, in fact, a person authorized to do so, and furthermore (i) the Trustee
shall not have any liability for any losses, liabilities, costs or expenses incurred or sustained directly or indirectly by any party
as a result of such reliance upon or compliance with such instructions, directions, reports, notices or other communications or information
and (ii) the Company and any other sending party agrees to assume all risks arising out of the use of electronic methods to submit
instructions, directions, reports, notices or other communications or information to the Trustee, including the risk of the Trustee acting
on unauthorized instructions, notices, reports or other communications or information, and the risk of interception and misuse by third
parties.

 

Electronic
signatures reasonably believed by the Trustee to comply with the ESIGN Act of 2000 or other applicable law (including electronic images
of handwritten signatures and digital signatures provided by DocuSign, Adobe Sign or any other digital signature provider identified
by any other party hereto and acceptable to the Trustee) shall be deemed original signatures for all purposes. Notwithstanding the foregoing,
the Trustee may require that a Notice in the form of an original document bearing a manual signature be delivered to the Trustee in lieu
of, or in addition to, any such electronic Notice.

 

Notwithstanding
anything to the contrary in this Indenture or the Securities, any notice to the Trustee shall be deemed given when actually received.

 

Notwithstanding
anything to the contrary in this Indenture or the Securities, (A) whenever any provision of this Indenture requires a party to send
notice to another party, no such notice need be sent if the sending party and the recipient are the same Person acting in different capacities,
and (B) whenever any provision of this Indenture requires a party to send notice to more than one receiving party, and each receiving
party is the same Person acting in different capacities, then only one such notice need be sent to the Person.

 

SECTION 106.
Notice to Holders; Waiver. Where this Indenture provides for notice or other communication
to Holders of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) if given in writing and
mailed by first class mail (registered or certified, return receipt requested) or sent by overnight air courier guaranteeing next Business
Day delivery, to each Holder affected by such event, at such Holder’s address 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 or other communication.
Any notice or other communication shall also be so mailed or sent to any Person described in Section 313(c) of the Trust Indenture
Act, to the extent required by the Trust Indenture Act. Failure to mail or send a notice or other communication to a Holder or any defect
in it shall not affect its sufficiency with respect to other Holders.

 

If
a notice or communication is mailed or sent in the manner provided above within the time prescribed, it is duly given, whether or not
the addressee receives it. Where this Indenture provides for notice or other communication in any manner, such notice or other communication
may be waived in writing by the Person entitled to receive such notice or other communication, either before or after the event, and
such waiver shall be the equivalent of such notice or other communication. Waivers of notice or other communication by Holders shall
be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such
waiver. If the Company mails a notice or communication to the Holders, it shall mail a copy to the Trustee at the same time.

 

    14 

     

    

 

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
or other communication by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient
notification for every purpose hereunder.

 

Notwithstanding
anything to the contrary in this Indenture or the Securities, where this Indenture provides for notice or other communication with respect
to any event to a Holder of a Global Security, such notice or other communication shall be sufficiently given if given to the Depositary
for such Security (or its designee), pursuant to its Applicable Procedures. The Trustee will not have any liability relating to the contents
of any notice that it sends to any Holder pursuant to any Company Order or Company Request.

 

SECTION 107.
Trust Indenture Act Matters. If any provision hereof limits, qualifies or conflicts
with a provision of the Trust Indenture Act which 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 which may be so modified
or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be. Whenever
this Indenture refers to a provision of the Trust Indenture Act, the provision is incorporated by reference in and made a part of this
Indenture.

 

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 and the Securities
by the Company and the Trustee, in accordance with Article VIII, shall bind their respective 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, any benefit or any legal
or equitable right, remedy or claim under this Indenture, except as may otherwise be provided pursuant to Section 301 with
respect to any Securities of a particular series or under this Indenture with respect to such Securities.

 

SECTION 112.
Governing Law. This Indenture and the Securities and the rights and obligations of
the parties hereto and thereto shall be governed by and construed in accordance with the law of the State of New York.

 

SECTION 113.
Legal Holidays. In any case where any Interest Payment Date, Redemption Date or Maturity
of any Security, or any date on which a Holder has the right to convert his 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 113)) payment of interest or principal (and premium, if any),
or conversion of such Security 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 Maturity,
or on such date for conversion, as the case may be and no interest shall accrue for the period from and after such Interest Payment Date,
Redemption Date or Maturity, as the case may be, if payment is made on the next succeeding Business Day.

 

    15 

     

    

 

SECTION 114.
No Adverse Interpretation of Other Agreements. This Indenture may not be used to interpret any other indenture, loan or other
agreement of the Company or any Subsidiaries of the Company or of any other Person. Any such indenture, loan or other agreement may not
be used to interpret this Indenture.

 

SECTION 115.
No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee,
incorporator or stockholder of the Company, as such, will have any liability for any obligations of the Company, respectively, under
the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each
Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration
for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

 

SECTION 116.
Language of Notices, Etc. Any request, demand, authorization, direction, notice, consent, waiver, other action or Act provided
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 117.
Force Majeure. In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations
hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work
stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions,
epidemics, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the
Trustee shall use reasonable efforts that are consistent with accepted practices in the banking industry to resume performance as soon
as practicable under the circumstances.

 

SECTION 118.
Waiver of Jury Trial. EACH OF THE COMPANY AND THE TRUSTEE HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION
WITH THIS INDENTURE.

 

    16 

     

    

 

Article II

 

SECURITY
FORMS

 

SECTION 201. Forms
Generally. As to each series of Securities, the Securities of such series shall be in substantially the form set forth in this
Article, or in such other form as shall be established by or pursuant to a Board Resolution or in one or more indentures
supplemental hereto, 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.

 

The
definitive Securities may be produced in any manner as determined by the officers of the Company executing such Securities.

 

SECTION 202.
Form of Face of Security.

 

[Insert
any legend required by the Internal Revenue Code and the regulations thereunder.]

 

	 	CUSIP
                                            [       ]
	 	 
	No.	$

 

COTERRA
ENERGY INC.

 

COTERRA
ENERGY INC., a corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”,
which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to          ,
or registered assigns, the principal sum of          Dollars on         [if
the Security is to bear interest prior to Maturity, insert — , and to pay interest thereon from          (1) or
from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on          and          in
each year, commencing          , and at the Maturity thereof, at the rate of          %
per annum, until the principal hereof is paid or made available for payment, provided that any premium, and any such installment of interest,
which is overdue shall bear interest at the rate of          % per annum (to the extent
that the payment of such interest shall be legally enforceable), from the date such overdue amount is due until such amount is paid or
duly provided for, and such interest on any overdue amount shall be payable on demand]. The interest so payable, and punctually paid
or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall
be the          or          (whether
or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest so payable, but not punctually
paid or duly provided for, will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the
Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record
Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of
this series not less than 10 days prior to such Special Record Date, or be paid in any other lawful manner not inconsistent with the
requirements of any securities exchange on which this Security may be listed, and upon such notice as may be required by such exchange,
all as more fully provided in said Indenture.

 

    17 

     

    

 

(1) If
the Securities of the applicable series are to be sold “flat,” insert the date of original issuance of Securities of such
series. If the Securities of the applicable series are to be issued “with accrued interest,” insert the Interest Payment
Date for Securities of such series next preceding the date of original issuance of Securities of such series.

 

[If
the Security is not to bear interest prior to Maturity, insert — The principal of this Security shall not bear interest except
in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue
principal and any overdue premium shall bear interest at the rate of [         ]% per annum
(to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid
or made available for payment. Interest on any overdue principal or premium shall be payable on demand. Any such interest on overdue
principal or premium which is not paid on demand shall bear interest at the rate of [         ]%
per annum (to the extent that the payment of such interest on interest shall be legally enforceable), from the date of such demand until
the amount so demanded is paid or made available for payment. Interest on any overdue interest shall be payable on demand.]

 

Payment
of the principal of (and premium, if any) and [if applicable, insert — any such] interest on this Security will be made
at the office or agency of the Company maintained for that purpose in New York, New York, in such coin or currency of the United States
of America as at the time of payment is legal tender for payment of public and private debts, against surrender of this Security in the
case of any payment due at the Maturity of the principal thereof or any payment of interest becomes payable on a day other than an Interest
Payment Date; provided, however, that if this Security is not a Global Security, (i) payment of interest on an Interest
Payment Date will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security
Register; and all other payments will be made by check against surrender of this Security; (ii) all payments by check will be made
in next-day funds (i.e., funds that become available on the day after the check is cashed); and (iii) notwithstanding clauses
(i) and (ii) above, with respect to any payment of any amount due on this Security, if this Security is in a denomination of
at least $1,000,000 and the Holder hereof at the time of surrender hereof or, in the case of any payment of interest on any Interest
Payment Date, the Holder thereof on the related Regular Record Date delivers a written request to the Paying Agent to make such payment
by wire transfer at least five Business Days before the date such payment becomes due, together with appropriate wire transfer instructions
specifying an account at a bank in New York, New York, the Company shall make such payment by wire transfer of immediately available
funds to such account at such bank in New York City, any such wire instructions, once properly given by a Holder as to this Security,
remaining in effect as to such Holder and this Security unless and until new instructions are given in the manner described above; provided
further, that notwithstanding anything in the foregoing to the contrary, if this Security is a Global Security, payment shall be
made pursuant to the Applicable Procedures of the Depositary.

 

    18 

     

    

 

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

 

Unless
the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof, this Security shall not
be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

 

IN
WITNESS WHEREOF, the Company has caused this instrument to be duly signed by its duly authorized officers.

 

	 	COTERRA
    ENERGY INC.,
	 	a
    Delaware corporation
	 	 
	 	By:	 
	 	Name:
	 	Title:

 

SECTION 203.
Form of Reverse of Security. This Security is one of a duly authorized issue of senior securities of the Company (herein
called the “Securities”), issued and to be issued in one or more series under an Indenture, dated as of October 7,
2021 (herein called the “Indenture”, which term shall have the meaning assigned to it in such instrument),
between the Company and U.S. Bank National Association, as Trustee (herein called the “Trustee,” which term
includes any successor trustee under the Indenture), and reference is hereby made to the Indenture for a statement of the respective
rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of
the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on
the face hereof [if applicable, insert — limited in aggregate principal amount to $     ].

 

This
Security is the general, unsecured, senior obligation of the Company.

 

[If
applicable, insert — The Securities of this series are subject to redemption upon not less than 10 days’ nor more than
60 days’ notice, at any time [if applicable, insert — on or after [          ],
20[ ]], as a whole or in part, at the election of the Company, at the following Redemption Prices (expressed as percentages of the principal
amount): If redeemed [if applicable, insert — on or before [     ],[     ]%,
and if redeemed] during the 12-month period beginning [     ] of the years indicated,

 

	Year
	Redemption
                                            Price
	Year
	Redemption
                                            Price

 

    19 

     

    

 

and
thereafter at a Redemption Price equal to [     ] % of the principal amount, together in the case of any
such redemption with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such
Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business
on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.]]

 

[If
applicable, insert — The Securities of this series are subject to redemption upon not less than 10 nor more than 60 days’
notice by mail, (1) on [     ] in any year commencing with the year [          ]
and ending with the year [          ] through operation of the sinking fund
for this series at the Redemption Prices for redemption through operation of the sinking fund (expressed as percentages of the principal
amount) set forth in the table below, and (2) at any time [if applicable, insert — on or after [          ],
as a whole or in part, at the election of the Company, at the Redemption Prices for redemption otherwise than through operation of the
sinking fund (expressed as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period
beginning [          ] of the years indicated,

 

	Year
	Redemption
                                            Price For 

Redemption Through 

Operation of the Sinking 

Fund
	Redemption
                                            Price For 

Redemption Otherwise 

Than Through Operation of 

the Sinking Fund

 

and
thereafter] at a Redemption Price equal to     % of the principal amount, together in the case of any such     redemption
(whether through operation of the sinking fund or otherwise) with accrued interest to the Redemption Date, but interest installments
whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor
Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.]

 

[If
applicable, insert — Notwithstanding the foregoing, the Company may not, prior to [     ], redeem
any Securities of this series as contemplated by [if applicable, insert — clause (2) of] the preceding paragraph as a part
of, or in anticipation of, any refunding operation by the application, directly or indirectly, of moneys borrowed having an interest
cost to the Company (calculated in accordance with generally accepted financial practice) of less than [     ]%
per annum.]

 

[If
applicable, insert — The sinking fund for this series provides for the redemption on [          ]
in each year beginning with the year [     ] and ending with the year [     ]
of [if applicable, insert — not less than $[          ] (“mandatory
sinking fund”) and not more than] $[     ] aggregate principal amount of Securities of this series.
Securities of this series acquired or redeemed by the Company otherwise than through [if applicable, insert — mandatory] sinking
fund payments may be credited against subsequent [if applicable, insert — mandatory] sinking fund payments otherwise required to
be made [if applicable, insert —, in the inverse order in which they become due.]]

 

    20 

     

    

 

[If
the Security is subject to redemption of any kind, insert — In the event of redemption of this Security in part only, a new
Security or Securities of this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof
upon the cancellation hereof.]

 

[If
applicable, insert — The Indenture contains provisions for defeasance at any time of the entire indebtedness of this Security
or certain restrictive covenants and Events of Default with respect to this Security, in each case upon compliance with certain conditions
set forth in the Indenture.]

 

[If
the Security is not an Original Issue Discount Security, insert — If an Event of Default with respect to Securities of this
series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and
with the effect provided in the Indenture.]

 

[If
the Security is an Original Issue Discount Security, insert — If an Event of Default with respect to Securities of this series
shall occur and be continuing, an amount of principal of the Securities of this series may be declared due and payable in the manner
and with the effect provided in the Indenture. Such amount shall be equal to — insert formula for determining the amount. Upon
payment (i) of the amount of principal so declared due and payable and (ii) of interest on any overdue principal, premium and
interest (in each case to the extent that the payment of such interest shall be legally enforceable), all of the Company’s obligations
in respect of the payment of the principal of and premium and interest, if any, on the Securities of this series shall terminate.]

 

The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities to be affected under the Indenture at any time by the Company and the
Trustee with the consent of the Holders of not less than a majority in principal amount (including consents obtained in connection with
a purchase of, or tender offer or exchange offer for, Securities) (1) of all Securities at the time Outstanding (voting as a single
class) or (2) if fewer than all of the series of the Securities at the time Outstanding are to be affected by such amendment or
modification, of the series to be affected (voting as a single class), except as may otherwise be provided pursuant to the Indenture
for all or any specific Securities of any series. The Indenture also contains provisions (i) permitting the Holders of not less
than a majority in principal amount (including waivers obtained in connection with a purchase of, or tender offer or exchange offer for,
Securities) (a) of the Securities at the time Outstanding (voting as a single class) or (b) if fewer than all of the series
of the Securities at the time Outstanding are to be affected by such amendment or modification, of the series of the Securities to be
affected (voting as a single class), on behalf of the Holders of all Securities or all Securities of such series so affected, as applicable,
to waive compliance by the Company with certain provisions of the Indenture and (ii) permitting the Holders of not less than a majority
in principal amount (including waivers obtained in connection with a purchase of, or tender offer or exchange offer for, Securities)
of (a) the Securities at the time Outstanding (voting as a single class) or (b) if fewer than all of the series of the Securities
at the time Outstanding are to be affected, of any series to be affected under the Indenture (voting as a single class), on behalf of
the Holders of all Securities or all Securities of such series so affected, as applicable, to waive certain past defaults under the Indenture
with respect to all Securities, or such series, as applicable, and their consequences, in the case of Clause (i) or (ii), except
as may otherwise be provided pursuant to the Indenture for all or any specific Securities of any series. Any such consent or waiver by
the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange or in lieu hereof, whether or not notation of such consent or
waiver is made upon this Security.

 

    21 

     

    

 

As
provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding
with respect to the Indenture, or for the appointment of a receiver or trustee, or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series,
the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written
request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee security or indemnity
reasonably satisfactory to it, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities
of this series at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding,
for 60 days after receipt of such notice, request and offer of security or indemnity. The foregoing shall not apply to any suit instituted
by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the
respective due dates expressed herein.

 

No
reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company,
which is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate,
and in the coin or currency, herein prescribed.

 

As
provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security
Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the
principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of transfer
in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in
writing, and thereupon one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate
principal amount, will be issued to the designated transferee or transferees.

 

The
Securities of this series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiple of
$1,000 in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series
are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized denomination,
as requested by the Holder surrendering the same.

 

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

 

    22 

     

    

 

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

 

[If
this Security is a Global Security, insert — This Security is a Global Security and is subject to the provisions of the Indenture
relating to Global Securities, including the limitations therein on transfers and exchanges of Global Securities.]

 

This
Security and the Indenture shall be governed by and construed in accordance with the law of the State of New York.

 

All
terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

SECTION 204.
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 herein and referred to in the within-mentioned Indenture.

 

	Dated:	U.S.
    BANK NATIONAL ASSOCIATION, as Trustee
	 	 
	 	By: 	 
	 	 	Authorized Signatory

 

SECTION 205.
Special Transfer Provisions.

 

(1)            Transfer
and Exchange of Beneficial Interests in Restricted Global Securities.  The transfer and exchange of beneficial interests in
the Global Securities shall be effected through the Depositary, in accordance with the provisions of this Indenture and the Applicable
Procedures.  Beneficial interests in the Restricted Global Securities shall be subject to restrictions on transfer comparable to
those set forth herein to the extent required by the Securities Act.  Transfers of beneficial interests in the Global Securities
also shall require compliance with either Clause (A) or (B) below, as applicable, as well as one or more of the other following
subclauses, as applicable:

 

(A)            Transfer
of Beneficial Interests in the Same Restricted Global Security.  Beneficial interests in any Restricted Global Security may
be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Security in accordance
with the transfer restrictions set forth in the Private Placement Legend; provided, however, that prior to the expiration of the Restricted
Period, transfers of beneficial interests in the Legended Regulation S Global Security may not be made to a U.S. Person or for the account
or benefit of a U.S. Person (other than any Initial Purchaser or any U.S. Person that will take delivery if the form of an interest in
a Restricted Security).  Beneficial interests in any Unrestricted Global Security may be transferred to Persons who take delivery
thereof in the form of a beneficial interest in an Unrestricted Global Security.  No written orders or instructions shall be required
to be delivered to the Security Registrar to effect the transfers described in this Section 205(1)(A).

 

    23 

     

    

 

(B)            All
Other Transfers and Exchanges of Beneficial Interests in Global Securities.  In connection with all transfers and exchanges
of beneficial interests that are not subject to Section 205(1)(A) above, the transferor of such beneficial interest
must deliver to the Security Registrar (1) a written order from a Participant or an Indirect Participant given to the Depositary
in accordance with the Applicable Procedures directing the Depositary to credit or cause to be credited a beneficial interest in another
Global Security in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given in accordance
with the Applicable Procedures containing information regarding the Participant account to be credited with such increase.  Upon
consummation of an Exchange Offer by the Company in accordance with Section 205(3), the requirements of this Section 205(1)(B) shall
be deemed to have been satisfied upon receipt by the Registrar of the instructions contained in the Letter of Transmittal delivered by
the holder of such beneficial interests in the Restricted Global Securities or, alternatively, if permitted by the Depositary’s
procedures, by delivery of a message (an “ATOP Message”) delivered pursuant to the Depositary’s ATOP,
or similar electronic system.  Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in
Global Securities contained in this Indenture and the Securities or otherwise applicable under the Securities Act, the Trustee shall
adjust the principal amount of the relevant Global Securities pursuant to Section 205(6).

 

(C)            Transfer
of Beneficial Interests to Another Restricted Global Security.  A beneficial interest in any Restricted Global Security may
be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security if the
transfer complies with the requirements of Section 205(1)(A) above and the Securities Registrar receives the following:

 

(i)            if
the transferee shall take delivery in the form of a beneficial interest in the 144A Global Security, then the transferor must deliver
a certificate in a form reasonably acceptable to the Securities Registrar and the Company; and

 

(ii)            if
the transferee shall take delivery in the form of a beneficial interest in a Legended Regulation S Global Security, then the transferor
must deliver a certificate in a form reasonably acceptable to the Securities Registrar and the Company.

 

    24 

     

    

 

(D)            Transfer
and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an Unrestricted Global Security. 
A beneficial interest in any Restricted Global Security may be exchanged by any Holder thereof for a beneficial interest in an Unrestricted
Global Security or transferred to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global
Security if the exchange or transfer complies with the requirements of Section 205(1)(A) above and:

 

(i)            such
exchange or transfer is effected pursuant to an Exchange Offer in accordance with an applicable Registration Rights Agreement and the
Holder of the beneficial interest to be transferred, in the case of an exchange, or the transferee, in the case of a transfer, certifies
in writing (1) it is not an affiliate (as defined in Rule 144 under the Securities Act) of the Company, (2) it is not
engaged in, and does not intend to engage in, and has no arrangement or understanding with any Person to participate in, a distribution
of the Exchange Securities to be issued in such Exchange Offer and (3) it is acquiring the Exchange Securities in its ordinary course
of business;

 

(ii)            such
transfer is effected pursuant to a Shelf Registration Statement in accordance with the applicable Registration Rights Agreement;

 

(iii)            such
transfer is effected by a Broker Dealer pursuant to an Exchange Offer Registration Statement in accordance with the applicable Registration
Rights Agreement; or

 

(iv)            the
Securities Registrar receives the following:

 

		(a)	if
                                            the holder of such beneficial interest in a Restricted Global Security proposes to exchange
                                            such beneficial interest for a beneficial interest in an Unrestricted Global Security, a
                                            certificate from such holder in a form reasonably acceptable to the Securities Registrar
                                            and the Company; or

 

		(b)	if
                                            the holder of such beneficial interest in a Restricted Global Security proposes to transfer
                                            such beneficial interest to a Person who shall take delivery thereof in the form of a beneficial
                                            interest in an Unrestricted Global Security, a certificate from such holder in a form reasonably
                                            acceptable to the Securities Registrar and the Company;

 

and,
in each such case set forth in this subclause (iv), if the Securities Registrar or the Company so requests or if the Applicable Procedures
so require, an Opinion of Counsel in form reasonably acceptable to the Securities Registrar and the Company to the effect that such exchange
or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement
Legend are no longer required in order to maintain compliance with the Securities Act.

 

    25 

     

    

 

If
any such transfer pursuant to this Section 205(1) is effected at a time when a Global Security has not yet been issued,
the Company shall issue and, upon receipt of a Company Order in accordance with Section 303 hereof, the Trustee shall authenticate
one or more Global Securities in an aggregate principal amount equal to the aggregate principal amount of beneficial interests transferred.

 

Beneficial
interests in an Unrestricted Global Security cannot be exchanged for, or transferred to Persons who take delivery thereof in the form
of, a beneficial interest in a Restricted Global Security.

 

(2)            Transfer
and Exchange of Definitive Securities for Definitive Securities.  Upon request by a Holder of definitive Securities and such
Holder’s compliance with the provisions of this Section 205(2), the Securities Registrar shall register the transfer
or exchange of definitive Securities.  Prior to such registration of transfer or exchange, the requesting Holder shall present or
surrender to the Registrar the definitive Securities duly endorsed or accompanied by a written instruction of transfer in form satisfactory
to the Securities Registrar duly executed by such Holder or by its attorney, duly authorized in writing.  In addition, the requesting
Holder shall provide any additional certifications, documents and information, as applicable, required pursuant to the following provisions
of this Section 205(2).

 

(A)            Restricted
Definitive Securities to Restricted Definitive Securities.  Any Restricted Definitive Security may be transferred to and registered
in the name of Persons who take delivery thereof in the form of a Restricted Definitive Security if the Registrar receives the following:

 

(i)            if
the transfer shall be made pursuant to Rule 144A under the Securities Act, then the transferor must deliver a certificate in the
form reasonably acceptable to the Securities Registrar and the Company; and

 

(ii)            if
the transfer shall be made pursuant to any other exemption from the registration requirements of the Securities Act, then the transferor
must deliver a certificate in a form reasonably acceptable to the Securities Registrar and the Company.

 

(B)            Restricted
Definitive Securities to Unrestricted Definitive Securities.  Any Restricted Definitive Security may be exchanged by the Holder
thereof for an Unrestricted Definitive Security or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted
Definitive Security if:

 

(i)            such
exchange or transfer is effected pursuant to an Exchange Offer in accordance with the applicable Registration Rights Agreement and the
Holder, in the case of an exchange, or the transferee, in the case of a transfer, certifies in writing that (1) it is not an affiliate
(as defined in Rule 144 under the Securities Act) of the Company, (2) it is not engaged in, and does not intend to engage in,
and has no arrangement or understanding with any Person to participate in, a distribution of the Exchange Securities to be issued in
such Exchange Offer and (3) it is acquiring the Exchange Securities in its ordinary course of business;

 

    26 

     

    

 

(ii)            any
such transfer is effected pursuant to a Shelf Registration Statement in accordance with the applicable Registration Rights Agreement;

 

(iii)            any
such transfer is effected by a Broker Dealer pursuant to an Exchange Offer Registration Statement in accordance with the applicable Registration
Rights Agreement; or

 

(iv)            the
Securities Registrar receives a certificate from such Holder in a form reasonably acceptable to the Securities Registrar and the Company
and, if the Securities Registrar so requests, an opinion of counsel in form reasonably acceptable to the Company to the effect that such
exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private
Placement Legend are no longer required in order to maintain compliance with the Securities Act.

 

(C)            Unrestricted
Definitive Securities to Unrestricted Definitive Securities.  A Holder of Unrestricted Definitive Securities may transfer such
Securities to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security.  Upon receipt of a request
to register such a transfer, the Securities Registrar shall register the Unrestricted Definitive Securities pursuant to the instructions
from the Holder thereof.

 

(3)            Exchange
Offer.  Upon the occurrence of an Exchange Offer in accordance with the applicable Registration Rights Agreement, the Company
shall issue and, upon receipt of a Company Order in accordance with Section 303, the Trustee shall authenticate (i) one
or more Unrestricted Global Securities in an aggregate principal amount equal to the principal amount of the beneficial interests in
the Restricted Global Securities tendered for acceptance by Persons that certify in the applicable Letters of Transmittal that (x) they
are not affiliates (as defined in Rule 144 under the Securities Act) of the Company, (y) they are not engaged in, and do not
intend to engage in, and have no arrangement or understanding with any Person to participate in, a distribution of the Exchange Securities
to be issued in such Exchange Offer and (z) they are acquiring the Exchange Securities in their ordinary course of business and
(ii) Unrestricted Definitive Securities in an aggregate principal amount equal to the principal amount of the Restricted Definitive
Securities accepted for exchange in the Exchange Offer.  Concurrently with the issuance of such Securities, the Trustee shall cause
the aggregate principal amount of the applicable Restricted Global Securities to be reduced accordingly, and the Company shall execute
and the Trustee shall authenticate and deliver to the Persons designated by the Holders of Restricted Global Securities so accepted Unrestricted
Global Securities in the appropriate principal amount.

 

    27 

     

    

 

(4)            Private
Placement Legend.  Except as permitted below, each Global Security and each definitive Security (and all Securities issued in
exchange therefor or substitution thereof) that are not registered under the Securities Act shall bear a legend in substantially the
following form:

 

THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND ACCORDINGLY,
MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH IN
THE FOLLOWING SENTENCE.  BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL
BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) OR (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN
AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT, (2) AGREES THAT IT WILL NOT, PRIORTO THE EXPIRATION
OF THE HOLDING PERIOD APPLICABLE TO SALES OF THE SECURITIES UNDER RULE 144 UNDER THE SECURITIES ACT AS IN EFFECT ON THE DATE OF THE TRANSFER
OF THIS SECURITY, OFFER, RESELL, PLEDGE OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY SUBSIDIARY THEREOF,
(B) FOR SO LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT, TO A QUALIFIED INSTITUTIONAL
BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT; (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE
WITH REGULATION S UNDER THE SECURITIES ACT, (D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
ACT (IF AVAILABLE), (E) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, OR (F) PURSUANT TO ANY OTHER
AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON
TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.  IN CONNECTION WITH ANY TRANSFER OF THIS
SECURITY WITHIN THE TIME PERIOD REFERRED TO ABOVE, THE HOLDER MUST CHECK THE APPROPRIATE BOX SET FORTH ON THE REVERSE HEREOF RELATING
TO THE MANNER OF SUCH TRANSFER AND SUBMIT THIS CERTIFICATE TO THE TRUSTEE.  AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,”
 “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 
THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF A HOLDER AFTER THE RESALE RESTRICTION TERMINATION DATE.

 

Notwithstanding
the foregoing, any Global Security or definitive Security issued pursuant to Clauses (1)(D), (2)(B), (2)(C) or (3) to this
Section 205 (and all Securities issued in exchange therefor or substitution thereof) shall not bear the Private Placement
Legend.

 

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(5)            Regulation
S Global Security Legend.  Each Regulation S Global Security shall bear a legend in substantially the following form:

 

THE
RIGHTS ATTACHING TO THIS REGULATION S GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR OTHER SECURITIES
OF THIS SERIES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN).

 

(6)            Cancellation
and/or Adjustment of Global Securities.  At such time as all beneficial interests in a particular Global Security have been
exchanged for definitive Securities or a particular Global Security has been redeemed, repurchased or canceled in whole and not in part,
each such Global Security shall be returned to or retained and canceled by the Trustee in accordance with Section 309 hereof. 
At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for or transferred to a Person who
shall take delivery thereof in the form of a beneficial interest in another Global Security or for definitive Securities, the principal
amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global
Security by the Trustee or by the Depositary at the direction of the Trustee to reflect such reduction; and if the beneficial interest
is being exchanged for or transferred to a Person who shall take delivery thereof in the form of a beneficial interest in another Global
Security, such other Global Security shall be increased accordingly and an endorsement shall be made on such Global Security by the Trustee
or by the Depositary at the direction of the Trustee to reflect such increase.

 

(7)            The
Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed
under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between
or among Depositary participants, members or beneficial owners in any Global Security) other than to require delivery of such certificates
and other documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms of this Indenture,
and to examine the same to determine substantial compliance as to form with the express requirements hereof.

 

Article III

 

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 (which shall distinguish the Securities of the series from Securities of any other series);

 

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(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
Person to whom any interest on a 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;

 

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

 

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

 

(6)            the
place or places where the principal of and any premium and interest on any Securities of the series shall be payable and the manner in
which any payment may be made;

 

(7)            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 and, if other than by a Board Resolution, the manner in which any election
by the Company to redeem the Securities shall be evidenced;

 

(8)            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 Holder 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 or purchased, in whole or in part, pursuant to such obligation;

 

(9)            if
other than denominations of $2,000 and any integral multiple of $1,000 in excess thereof, the denominations in which any Securities of
the series shall be issuable;

 

(10)            if
the amount of principal of or any premium or interest on any Securities of the series may be determined with reference to an index or
pursuant to a formula, the manner in which such amounts shall be determined;

 

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

 

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(12)            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, composite currencies or currency units other than that or those in which such Securities are stated
to be payable, the currency, currencies, composite currency, composite 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);

  

(13)            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;

 

(14)            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);

 

(15)            if
applicable, that the Securities of the series, in whole or any specified part, shall not be defeasible pursuant to Section 1302
or Section 1303 or both such Sections, and, if such Securities may be defeased, in whole or in part, pursuant to either
or both such Sections, any provisions to permit a pledge of obligations other than U.S. Government Obligations (or the establishment
of other arrangements) to satisfy the requirements of Section 1304(1) for defeasance of such Securities and, if other
than by a Board Resolution, the manner in which any election by the Company to defease such Securities shall be evidenced;

 

(16)            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 those set forth in Sections 205(4) and 205(5), any addition to, elimination
of or other change in the circumstances set forth in Clause (2) of the penultimate paragraph of Section 305 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
and any other provisions governing exchanges or transfers of any such Global Security;

 

(17)            any
addition to, elimination of or other change in the Events of Default which applies to any Securities of the series and any change in
the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant
to Section 502;

 

(18)            any
addition to, elimination of or other change in the covenants set forth in Article X which applies to Securities of the series;

 

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(19)            any
provisions necessary to permit or facilitate the issuance, payment or conversion of any Securities of the series that may be converted
into securities or other property other than Securities of the same series and of like tenor, whether in addition to, or in lieu of,
any payment of principal or other amount and whether at the option of the Company or otherwise;

 

(20)            if
applicable, that Persons other than those specified in Section 111 shall have such benefits, rights, remedies and claims
with respect to any Securities of the series or under this Indenture with respect to such Securities, as and to the extent provided for
such Securities;

 

(21)            any
change in the actions permitted or required under this Indenture to be taken by or on behalf of the Holders of the Securities of the
series, including any such change that permits or requires any or all such actions to be taken by or on behalf of the Holders of any
specific Securities of the series rather than or in addition to the Holders of all Securities of the series;

 

(22)            any
provisions for subordination of any Securities of the series to other indebtedness of the Company (including Securities of other series);
and

 

(23)            any
other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture, except as permitted by Section 901(5)).

 

All Securities of any one series
shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Board Resolution
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. All Securities of any one series need not be issued at the same time
and, unless otherwise provided pursuant to this Section 301 for any series, after issuance of Securities of such series,
such series may be reopened for issuances of additional Securities of that series.

 

The terms of any Security of
a series may differ from the terms of other Securities of the same series, if and to the extent provided pursuant to this Section 301.
The matters referenced in any or all of Clauses (1) through (23) above may be established and set forth or determined as aforesaid
with respect to all or any specific Securities of a series (in each case to the extent permitted by the Trust Indenture Act).

 

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.

 

No Board Resolution or Officer’s
Certificate may affect the Trustee’s own rights, duties or immunities under this Indenture or otherwise with respect to any series
of Securities except as it may agree in writing.

 

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The Trustee and each agent
are hereby authorized to act in accordance with Applicable Procedures in with respect to any Global Security.

  

SECTION 302.
Denominations. The Securities of each series shall be issuable only in registered form without coupons and only in such
denominations as shall be specified as contemplated by Section 301. In the absence of any such specified denomination with
respect to the Securities of any series, the Securities of such series shall be issuable in denominations of $2,000 and any integral
multiple of $1,000 in excess thereof.

 

SECTION 303.
Execution, Authentication, Delivery and Dating. The Securities shall be executed on behalf of the Company by its Chairman
of the Board, President or Chief Executive Officer, Chief Financial Officer, or a Vice President of the Company (or any other officer
of the Company designated in a Board Resolution and delivered to the Trustee from time to time). The signature of any of these officers
on the Securities may be in accordance with Section 106 and 1306.

 

[if applicable, insert
 — Securities bearing the 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, and the Trustee in accordance with the Company Order shall authenticate
and deliver such Securities. The Trustee shall be entitled to receive, and (subject to Section 601) shall be fully protected
in relying upon, an Opinion of Counsel stating,

 

(1)            if
the form of such Securities has been established by or pursuant to Board Resolution, as permitted by Section 201, that such
form has 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)            for
any issuance of Securities, that when such Securities have been 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, such Securities will constitute valid and legally binding
obligations of the Company, enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent conveyance or transfer,
reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general
equity principles and subject to any limitation with respect to payments in currency other than U.S. dollars.

 

The Trustee shall not be required
to authenticate Securities if the issue of such Securities pursuant to this Indenture will affect the Trustee’s own rights, duties
or immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee.

 

    33 

     

    

 

Notwithstanding the provisions
of Section 301 and of the preceding paragraph, 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 paragraph 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 and cover subsequent issuances of Securities.

  

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, 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 such 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 of like tenor and aggregate principal amount. Until so exchanged, the temporary Securities
of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of such series and
tenor.

 

    34 

     

    

 

SECTION 305.
Registration, Registration of Transfer and Exchange. The Company shall cause to be kept at each office or agency of the
Company designated as a Place of Payment pursuant to the first paragraph of Section 1002 a register (the register, maintained
in each such office or agency of the Company designated as a Place of Payment, being herein 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 of transfers of Securities. The Trustee is hereby appointed “Security Registrar”
for the purpose of registering Securities and transfers of Securities as herein provided. The Company shall cause each of the Security
Registrar and the Paying Agent to maintain an office or agency in the Borough of Manhattan, The City of New York.

  

Upon surrender for registration
of transfer of any Security of a series at the office or agency of the Company 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, which 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) be duly endorsed, or be
accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the
Holder thereof or his attorney duly authorized in writing.

 

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 whole or in part, the Company shall not be required (A) 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 the day of selection of any such Securities for redemption under Section 1103
and ending at the close of business on the day of such selection (or during such period as otherwise specified pursuant to Section 301
for such Securities), or (B) to register the transfer of or exchange any Security so selected for redemption in whole or in
part, except the unredeemed portion of any Security being redeemed in part.

 

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The provisions of Clauses (1),
(2), (3) and (4) below shall apply only to Global Securities:

 

(1)            Each
Global Security authenticated under this Indenture shall be registered in the name of the Depositary designated for such Global Security
or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall
constitute a single Security for all purposes of this Indenture.

  

(2)            Notwithstanding
any other provision in this Indenture, and subject to such applicable provisions, if any, as may be specified as contemplated by Section 301,
no Global Security may be exchanged in whole or in part for Securities registered, and no transfer of a Global Security in whole or in
part may be registered, in the name of any Person other than the Depositary for such Global Security or a nominee thereof unless (A) such
Depositary has notified the Company that it (i) is unwilling or unable to continue as Depositary for such Global Security or (ii) has
ceased to be a clearing agency registered under the Exchange Act, or (B) the Company has executed and delivered to the Trustee a
Company Order stating that such Global Security shall be exchanged in whole for Securities that are not Global Securities (in which case
such exchange shall promptly be effected by the Trustee). If the Company receives a notice of the kind specified in Clause (A) above
or has delivered a Company Order of the kind specified in Clause (B) above, it may, in its sole discretion, designate a successor
Depositary for such Global Security within 90 days after receiving such notice or delivery of such order, as the case may be. If the
Company designates a successor Depositary as aforesaid, such Global Security shall promptly be exchanged in whole for one or more other
Global Securities registered in the name of the successor Depositary, whereupon such designated successor shall be the Depositary for
such successor Global Security or Global Securities and the provisions of Clauses (1), (2), (3) and (4) of this provision shall
continue to apply thereto.

 

(3)            Subject
to Clause (2) above and to such applicable provisions, if any, as may be specified as contemplated by Section 301, any
exchange of a Global Security for other Securities may be made in whole or in part, and all Securities issued in exchange for a Global
Security or any portion thereof shall be registered in such names as the Depositary for such Global Security shall direct.

 

(4)            Every
Security authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Global Security or any portion
thereof, whether pursuant to this Section 305, Section 304, 306, 906 or 1107 or otherwise,
shall be authenticated and delivered in the form of, and shall be, a Global Security, unless such Security is registered in the name
of a Person other than the Depositary for such Global Security or a nominee thereof.

 

Every Person who takes or holds
any beneficial interest in a Global Security agrees that:

 

(1)            the
Company and the Trustee may deal with the Depositary as sole owner of the Global Security and as the authorized representative of such
Person;

 

(2)            such
Person’s rights in the Global Security shall be exercised only through the Depositary and shall be limited to those established
by law and agreement between such Person and the Depositary and/or direct and indirect participants of the Depositary;

 

    36 

     

    

 

(3)            the
Depositary and its participants make book-entry transfers of beneficial ownership among, and receive and transmit distributions of principal
and interest on the Global Securities to, such Persons in accordance with the Applicable Procedures of the Depositary; and

  

(4)            none
of the Company, the Trustee nor any agent of the Company or the Trustee will have any responsibility or liability for any aspect of the
records relating to or payments made on account of beneficial ownership interests of a Global Security or for maintaining, supervising
or reviewing any records relating to such beneficial ownership interests.

 

SECTION 306.
Mutilated, Destroyed, Lost and Wrongfully Taken Securities. If (a) any mutilated Security is surrendered to the Trustee
or (b) both (i) there shall be delivered to the Company and the Trustee (A) a claim by a Holder as to the destruction,
loss or wrongful taking of any Security of such Holder and a request thereby for a new replacement Security of the same series, and (B) such
indemnity bond as may be required by them to save each of them and any agent of either of them harmless and (ii) such other reasonable
requirements as may be imposed by the Company as permitted by Section 8-405 of the Uniform Commercial Code have been satisfied,
then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a “protected purchaser”
within the meaning of Section 8-405 of the Uniform Commercial Code, the Company shall execute and upon its request the Trustee shall
authenticate and deliver, in lieu of any such mutilated, destroyed, lost or wrongfully taken Security, a new Security of the same series
and of like tenor and principal amount and bearing a number not contemporaneously Outstanding.

 

In case any such mutilated,
destroyed, lost or wrongfully taken 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 306, 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 306 in lieu of any destroyed, lost or wrongfully taken Security shall constitute an original
additional contractual obligation of the Company, whether or not the destroyed, lost or wrongfully taken 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 306
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 wrongfully taken 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 Securities of a series, 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 (or, if no business is conducted by the Trustee at its Corporate
Trust Office on such date, at 5:00 P.M. New York City time on such date).

  

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”) 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 payable on any Securities of a series to the Persons in whose names such
Securities (or their respective Predecessor Securities) are registered at the close of business on 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 of such Securities 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 Trustee
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 Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company,
shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be given to each Holder
of such Securities 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 mailed or sent, such Defaulted
Interest shall be paid to the Persons in whose names such Securities (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). Before the Trustee
takes any action under this Section 307, the Company will deliver to Trustee a Company Order.

 

(2)            The
Company may make payment of any Defaulted Interest on any Securities of a 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.

 

    38 

     

    

 

The Trustee shall not at any
time be under any duty or responsibility to the Holders to determine the defaulted interest, or with respect to the nature, extent, or
calculation of the amount of defaulted interest owed, or with respect to the method employed in such calculation of the defaulted interest.

  

Except as may otherwise be
provided in this Section 307 or as contemplated in Section 301 with respect to any Securities of a series, the
Person to whom interest shall be payable on any Security that first becomes payable on a day that is not an Interest Payment Date shall
be the Holder of such Security on the day such interest is paid.

 

Subject to the foregoing provisions
of this Section 307, 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.

 

In the case of any Security
which is converted after any Regular Record Date and on or prior to the next succeeding Interest Payment Date (other than any Security
whose Maturity is prior to such Interest Payment Date), interest whose Stated Maturity is on such Interest Payment Date shall be payable
on such Interest Payment Date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for)
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 such Regular Record Date. Except as otherwise expressly provided in the immediately preceding sentence, in the case of any Security
which is converted, interest whose Stated Maturity is after the date of conversion of such Security shall not be payable.

 

Notwithstanding the foregoing,
the terms of any Security that may be converted may provide that the provisions of the immediately preceding paragraph do not apply,
or apply with such additions, changes or omissions as may be provided thereby, to such Security.

 

SECTION 308.
Persons Deemed Owners. Prior to due presentment of a Security for registration of transfer, the Company and the Trustee
and any agent of the Company or the Trustee shall 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 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 conversion 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 after receipt of Company Order. No Securities shall
be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section 309, except as expressly
permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of as directed by a Company Order and in
accordance with Trustee’s customary cancellation procedures; provided, however, that the Trustee shall not be required
to destroy such cancelled Securities.

 

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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” and “ISIN” numbers (if then
generally in use), and, if so, the Trustee shall use “CUSIP” and “ISIN” 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
shall promptly notify the Trustee of any change in “CUSIP” or “ISIN” numbers.

 

Article IV

 

SATISFACTION AND DISCHARGE

 

SECTION 401.
Satisfaction and Discharge of Indenture. This Indenture shall upon Company Request cease to be of further effect with respect
to the Securities of any series (except as to any surviving rights of conversion, registration of transfer or exchange of any such Security
expressly provided for herein or in the terms of such Security), and the Trustee, at the expense of the Company, shall execute proper
instruments acknowledging satisfaction and discharge of this Indenture with respect to such Securities, when:

 

(1)            either

 

(A)            all
such Securities theretofore authenticated and delivered (other than (i) Securities which have been destroyed, lost or wrongfully
taken and which have been replaced or paid as provided in Section 306 and (ii) Securities for the payment of which 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;

 

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

 

(3)            no
event which is, or after notice or lapse of time or both would become, an Event of Default with respect to such Securities or any other
Securities (other than such an event or Event of Default with respect to such Securities resulting solely from the incurrence of indebtedness
or other borrowing of funds, or the grant of liens securing such indebtedness or other borrowing, all or a portion of which are to be
applied to such deposit) shall have occurred and be continuing at the time of such deposit;

 

(4)            such
deposit shall not result in a breach or violation of, or constitute a default under, any other agreement or instrument to which the Company
is a party or by which it is bound; and

 

(5)            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 with respect to such Securities have been complied with.

 

Notwithstanding the satisfaction
and discharge of this Indenture with respect to Securities of any series, the obligations of the Company to the Trustee under Section 607,
the obligations of the Trustee 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 401 with respect to such Securities, the obligations
of the Company of such series under Section 1002 and the obligations of the Trustee under Section 402, Section 606
and the last paragraph of Section 1003 with respect to such Securities shall survive such satisfaction and discharge.

 

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 with respect to Securities of any series shall be held in trust and applied by it,
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 Persons entitled thereto, of the principal
and any premium and interest for whose payment such money has been deposited with the Trustee. All moneys deposited with the Trustee
pursuant to Section 401 (and held by it or any Paying Agent) for the payment of Securities subsequently converted shall be
returned to the Company upon Company Request, to the extent originally deposited by the Company. The Company may direct by a Company
Order the investment of any money deposited with the Trustee pursuant to Section 401, without distinction between principal
and income, in (1) United States Treasury Securities with a maturity of one year or less or (2) a money market fund that invests
solely in short term United States Treasury Securities and from time to time the Company may direct the reinvestment of all or a portion
of such money in other securities or funds meeting the criteria specified in Clause (1) or (2) of this sentence.

 

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Article V

 

REMEDIES

 

SECTION 501.
Events of Default.

 

Except as may otherwise be
provided pursuant to Section 301 for all or any specific Securities of any series, “Event of Default,”
wherever used herein with respect to the Securities of that 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; or

 

(3)            default
in the deposit of any sinking fund payment, when and as due by the terms of a Security of that series and continuance of such default
for a period of 60 days; 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 501 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, or by overnight air courier guaranteeing
next day delivery, or otherwise sent in accordance with the terms of this Indenture, 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 (provided that, if any Person becomes the successor to the Company pursuant
to Article VIII and such Person is a corporation or partnership organized and validly existing under the law of a jurisdiction
outside the United States, each reference in this Clause (5) to an applicable Federal or State law of a particular kind shall be
deemed to refer to such law or any applicable comparable law of such non-U.S. jurisdiction, for as long as such Person is the successor
to the Company hereunder and is so organized and existing); 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, or 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 the taking of corporate action by the Company in furtherance of any such action (provided that, if any Person becomes
the successor to the Company pursuant to Article VIII and such Person is a corporation or partnership organized and validly
existing under the law of a jurisdiction outside the United States, each reference in this Clause (6) to an applicable Federal or
State law of a particular kind shall be deemed to refer to such law or any applicable comparable law of such non-U.S. jurisdiction, for
as long as such Person is the successor to the Company hereunder and is so organized and existing); or

 

(7)            any
other Event of Default provided with respect to Securities of that series in accordance with Section 301.

 

SECTION 502.
Acceleration of Maturity; Rescission and Annulment. Except as may otherwise be provided pursuant to Section 301
for all or any specific Securities of any series, if an Event of Default (other than an Event of Default specified in Section 501(5) or
501(6)) with respect to Securities of that 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, in the case of any Security of that series which specifies an amount to be due and payable
thereon upon acceleration of the Maturity thereof, such amount 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), together with any accrued and unpaid interest thereon, shall become immediately due and payable. Except as may otherwise
be provided pursuant to Section 301 for all or any specific Securities of any series, if an Event of Default specified in
Section 501(5) or Section 501(6) with respect to Securities of that series at the time Outstanding
occurs, the principal amount of all the Securities of that series (or, in the case of any Security of that series which specifies an
amount to be due and payable thereon upon acceleration of the Maturity thereof, such amount as may be specified by the terms thereof),
together with any accrued and unpaid interest thereon, shall automatically, and without any declaration or other action on the part of
the Trustee or any Holder, become immediately due and payable.

 

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Except as may otherwise be
provided pursuant to Section 301 for all or any specific Securities of any series, at any time after such a declaration of
acceleration with respect to Securities of that 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

 

(A)            all
overdue interest on all Securities of that series,

 

(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
sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee,
its agents and counsel; 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 have 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 60 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, upon demand of the Trustee,
pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal
and 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.

 

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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 most effectual
to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid
of the exercise of any power granted herein, or to enforce any other proper remedy.

 

SECTION 504.
Trustee May File Proofs of Claim. In case of any judicial proceeding relative to the Company or any other obligor
upon the Securities, their property or their creditors, the Trustee shall be entitled and empowered, by intervention in such proceeding
or otherwise, to take any and all actions authorized under the Trust Indenture Act in order to have claims of the Holders and the Trustee
allowed in any such proceeding. The Trustee shall be authorized to collect and receive any moneys or other property payable or deliverable
on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar
official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that
the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under
Section 607.

 

No provision of this Indenture
shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization,
arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote
in respect of the claim of any Holder in any such proceeding; 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.

 

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 collected by the Trustee pursuant to this Article or distributable in respect
of the Company’s obligations after an Event of Default 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 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 the Trustee under this Indenture;

 

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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 payment of the
remainder, if any, to the Company or to whomsoever may be lawfully entitled to receive the same as a court of competent jurisdiction
may direct.

 

SECTION 507.
Limitation on Suits. No Holder of any Security of any series shall have any right to institute any proceeding, judicial
or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless

 

(1)            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 security or indemnity reasonably 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 security or 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 and to Convert. 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 Section 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, if the terms of such Security so provide, to convert such
Security in accordance with its terms, and to institute suit for the enforcement of any such payment and, if applicable, any such right
to convert, and such rights shall not be impaired without the consent of such Holder.

 

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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 wrongfully taken 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.

 

SECTION 512.
Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have
the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any
trust or power conferred on the Trustee, with respect to the Securities of such series, provided that

 

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

 

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

 

(3)            subject
to the provisions of Section 601, the Trustee shall have the right to decline to follow any such direction if the Trustee
in good faith shall determine that the proceeding so directed would involve the Trustee in personal liability, or would be unjustly prejudicial
to the Holders of Securities of such series not joining in any such direction (it being understood that the Trustee does not have an
affirmative duty to ascertain whether or not such directions are unduly prejudicial to such Holders); and

 

(4)            prior
to taking any action as directed under this Section 512, the Trustee shall be entitled to security or indemnity reasonably satisfactory
to it against the costs, expenses and liabilities that might be incurred by it in compliance with such request or direction.

 

    47 

     

    

 

SECTION 513.
Waiver of Past Defaults. Except as may otherwise be provided pursuant to Section 301 for all or any specific
Securities of any series, the Holders of not less than a majority in principal amount (including waivers obtained in connection with
a purchase of, or tender offer or exchange offer for, Securities) (1) of the Securities at the time Outstanding (voting as a single
class) or (2) if fewer than all of the series of the Securities at the time Outstanding are to be affected by such waiver, of all
series to be affected by such waiver (voting as a single class) may, by Act of such Holders, on behalf of the Holders of any series of
Securities to be affected by such waiver, waive any past default hereunder with respect to the applicable series of Securities then Outstanding
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 IX cannot be modified or amended without the consent of the
Holder of each Outstanding Security of such series affected.

 

Upon any such waiver with respect
to any series, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, with
respect to such series for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair
any right consequent thereon. A waiver of any past default and its consequences given by or on behalf of any Holder of Securities in
connection with a purchase of, or tender or exchange offer for, such Holder’s Securities will not be rendered invalid by such purchase,
tender or exchange.

 

SECTION 514.
Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture, or in any suit against
the Trustee for any action taken, 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 514
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 or, if applicable, in any suit for the enforcement of the right to convert any Security
in accordance with its terms.

 

SECTION 515.
Waiver of Usury, 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 usury, 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 VI

 

THE TRUSTEE

 

SECTION 601.
Certain Duties and Responsibilities.

 

(1)            Except
during the continuance of an Event of Default,

 

(A)            the
Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture and as are provided by
the Trust Indenture Act, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

 

(B)            in
the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the
opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture;
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
(but need not confirm or investigate the accuracy of any mathematical calculations or other facts stated therein).

 

(2)            In
case an Event of Default has occurred and is continuing, the Trustee shall exercise 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 such person’s own affairs.

 

(3)            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

 

(A)            this
Subsection shall not be construed to limit the effect of the first paragraph of this Section 601;

 

(B)            the
Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer;

 

(C)            the
Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction
of the Holders of a majority in principal amount of the Outstanding Securities of any series, determined as provided in Section 512,
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

 

(D)            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, if it shall have reasonable grounds for
believing that repayment of such funds or adequate security or indemnity against such risk or liability is not reasonably assured to
it. The Trustee shall not be required to give any bond or surety in respect of the performance of its power or duties hereunder.

 

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(4)            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 601.

 

(5)            No
provision of this Indenture shall require the Trustee to expend or risk its own funds or incur any liability. 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
unless such Holders shall have offered to the Trustee security or indemnity reasonably satisfactory to it against the costs, expenses
and liabilities that might be incurred by it in compliance with such request or direction.

 

SECTION 602.
Notice of Defaults. If a default or Event of Default occurs and is continuing hereunder with respect to Securities of any
series, and if it is known to the Trustee, the Trustee shall mail or send to the Holders of Securities of such series notice of such
default or Event of default within 90 days after the Trustee gains knowledge of the default or Event of Default unless such default or
Event of Default shall have been cured or waived before the giving of such notice. Except in the case of a default or Event of Default
in payment of principal of, premium or interest on Securities of any series, the Trustee may withhold the notice if and so long as a
committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of the Holders of the
Securities of such series. For the purpose of this Section 602 and Section 1005, the term “default”
means, with respect to Securities of any series, 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 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 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 of the Company 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 shall be entitled to receive and may, in the absence of bad faith on its part, conclusively
rely upon, and shall not be liable for any action it takes or omits to take in good faith in reliance upon, an Officers’ Certificate
or an Opinion of Counsel;

 

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(4)            the
Trustee may consult with counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete
authorization and protection from liability 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 reasonably
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 at the sole cost of the Company and shall incur no liability or additional
liability of any kind by reason of such inquiry or investigation;

 

(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 and shall not be responsible for the supervision of officers and employees of such agents or attorneys;

 

(8)            the
Trustee may request that the Company deliver an Officers’ Certificate setting forth the names of individuals and 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;

 

(9)            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;

 

(10)            the
Trustee shall not be deemed to have notice of any default or Event of Default unless a Responsible Officer of the Trustee has actual
knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust
Office of the Trustee from the Company or from the Holders of at least 25% of the aggregate principal amount of the Outstanding Securities
of that series, and such notice references the Securities and this Indenture;

 

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(11)            no
Depositary shall be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any clearinghouse
or Depositary;

 

(12)            in
no event shall the Trustee be responsible or liable for special, indirect, punitive 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; and

 

(13)            the
rights, privileges, protections, immunities and benefits given to the Trustee, including its rights to be indemnified, are extended to,
and shall be enforceable by, the Trustee in each of its capacities hereunder, and to each agent, custodian and other Person employed
to act hereunder.

 

SECTION 604.
Not Responsible for Recitals or Issuance of Securities. The recitals contained in the Indenture and in the Securities,
except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee does not
assume any responsibility for their correctness. The Trustee makes no representations as to and shall not be responsible for the validity
or sufficiency of this Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company
of Securities or the proceeds thereof or any money paid to the Company or upon the Company’s direction under any provision of this
Indenture, and it shall not be responsible for the use or application of any money received by any Paying Agent other than the Trustee.
The Trustee shall not be bound to ascertain or inquire as to the performance, observance, or breach of any covenants, conditions, representations,
warranties or agreements on the part of the Company. Under no circumstances shall the Trustee be liable in its individual capacity for
the obligations evidenced by the Securities. The Trustee shall have no obligation to pursue any action that is not in accordance with
applicable law. The Trustee shall not be responsible for and makes no representation as to any act or omission of any rating agency or
any rating with respect to the Securities. The Trustee shall have no obligation to independently determine or verify if any event has
occurred related to, or notify the Holders of any event dependent upon, the rating of the Securities, or if the rating on the Securities
has been changed, suspended or withdrawn by any rating agency.

 

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 and need not
be held in an interest-bearing account, in each case, except to the extent required by law or by any other provision of this Indenture.
The Trustee (acting in any capacity hereunder) shall be under no liability for interest on any money received by it hereunder except
as otherwise agreed in writing with the Company.

 

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SECTION 607.
Compensation and Reimbursement.

 

(1)            The
Company shall pay to the Trustee (in its capacity as Trustee, and, to the extent it has been appointed as such, as Paying Agent and Security
Registrar) from time to time reasonable compensation for its acceptance of this Indenture and services hereunder in accordance with a
written schedule provided by the Trustee to the Company. The Trustee’s compensation shall not be limited by any law on compensation
of a trustee of an express trust. The Company shall reimburse the Trustee promptly upon request for all reasonable and customary disbursements,
advances and reasonable out-of-pocket expenses incurred or made by it in addition to the compensation for its services, except those
resulting from its own negligent action, negligent failure to act or willful misconduct. Such expenses shall include the reasonable and
customary compensation, disbursements and expenses of the Trustee’s agents and counsel.

 

(2)            The
Company shall indemnify and hold harmless the Trustee in its capacity against any and all losses, liabilities, damage, claim, fee, cost,
or reasonable out-of-pocket expenses incurred by it arising out of or in connection with the acceptance or administration of its duties
under this Indenture, including the costs and expenses of enforcing this Indenture against the Company (including this Section 607)
and defending itself against any claim (whether asserted by either of the Company or any Holder or any other person) or liability in
connection with the exercise or performance of any of its powers or duties hereunder, except to the extent any such loss, liability or
expense may be attributable to its negligence, bad faith or willful misconduct as finally adjudicated by a court of competent jurisdiction.
The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Company
shall not relieve the Company of its obligations hereunder. The Company shall defend the claim and the Trustee shall cooperate in the
defense. The Trustee may elect to have separate counsel defend the claim, but the Company shall be obligated to pay the reasonable fees
and expenses of such separate counsel only if the Company fails to assume the Trustee’s defense or there is a conflict of interest
between the Company, on the one hand, and the Trustee, on the other hand, with respect to the claim, as reasonably determined by the
Trustee. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. The
Company need not reimburse the Trustee for any expense or indemnity against liability or loss of the Trustee to the extent such expense,
liability or loss is attributable to the negligence, bad faith or willful misconduct of the Trustee as finally adjudicated by a court
of competent jurisdiction. The provisions of this Section 607(2) shall survive the satisfaction and discharge of this
Indenture or the earlier resignation or removal of the Trustee.

 

(3)            As
security for the performance of the obligations of the Company under this Section 607 the Trustee shall have a lien prior
to the Securities of any series upon all property and funds held or collected by the Trustee as such, except funds held in trust for
the payment of principal of (and premium, if any) or interest on Securities of such series. Such lien shall survive satisfaction and
discharge of this Indenture.

 

(4)            Without
limiting any rights available to the Trustee under applicable law, when the Trustee incurs expenses or renders services in connection
with an Event of Default specified in Section 501(5) or Section 501(6), the expenses (including the reasonable
charges and expenses of its counsel) and the compensation for the services are intended to constitute expenses of administration under
any applicable Federal or State bankruptcy, insolvency or other similar law. To the extent that the payment of any such expenses of the
Trustee, its agents and counsel, and any other amounts due the Trustee out of the estate in any such proceeding, shall be denied for
any reason, payment of the same shall be secured by a lien on, and shall be paid out of, any and all distributions, dividends, money,
securities and other properties that the Holders may be entitled to receive in such proceeding whether in liquidation or under any plan
of reorganization or arrangement or otherwise. 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’ committee or other similar committee.

 

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(5)            The
provisions of this Section 607 shall survive the termination 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, has a combined capital and surplus of at least $100,000,000
and has its Corporate Trust Office in the continental United States of America. 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 609
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 609, 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 (in its capacity as Trustee or other capacities including Paying Agent) 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 Trustee within 60 days after the giving of such notice of resignation, the resigning Trustee
may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee with respect
to the Securities of such series.

 

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The Trustee may be removed
at any time 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 the instrument of acceptance by a successor Trustee required by Section 611
shall not have been delivered to the Trustee within 30 days after the giving of a notice of removal pursuant to this paragraph, 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 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 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 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, within one year after such resignation, removal or incapability, or the occurrence of such vacancy,
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
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.

 

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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.

 

SECTION 611.
Acceptance of Appointment by Successor. In case of the appointment hereunder of a successor Trustee with respect to all
Securities, 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.

 

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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 the Trust Indenture Act regarding the collection
of claims against the Company (or any such other obligor).

 

SECTION 614.
Appointment of Authenticating Agent. The Trustee may appoint an Authenticating Agent or Agents with respect to any series
of Securities which shall be authorized to act on behalf of the Trustee to authenticate the Securities of such Series issued upon
original issue and upon exchange, registration of transfer, partial conversion or partial redemption or pursuant to Section 306,
and Securities of such series 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. Wherever reference is made in this Indenture to the authentication and
delivery of Securities of such series 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 so appointed with respect to such series and
a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent so appointed with respect to such series.
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 614, 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 614, such Authenticating
Agent shall resign immediately in the manner and with the effect specified in this Section 614.

 

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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 614, without the execution or filing of any paper or any further act on the part
of the Trustee, the Company, the Authenticating Agent or such successor corporation.

 

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 614, the Trustee may appoint a successor Authenticating Agent with respect to any series
of Securities which shall be acceptable to the Company and shall give notice of such appointment to all Holders of Securities of such
series in the manner provided in Section 106. Any successor Authenticating Agent upon acceptance of its appointment hereunder
shall become vested with all 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 614.

 

If an appointment is made pursuant
to this Section 614 with respect to Securities of any series, the Securities of such series may have endorsed thereon, in
addition to the Trustee’s certificate of authentication, an alternate certificate of authentication in the following form:

 

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

 

	 	U.S. BANK NATIONAL ASSOCIATION,
 as Trustee
	 	 	 
		By:	[NAME OF AUTHENTICATING AGENT],

                                            as Authenticating Agent
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Article VII

 

HOLDERS’ LISTS AND REPORTS BY TRUSTEE
AND COMPANY

 

SECTION 701.
Company to Furnish Trustee Names and Addresses of Holders. The Company will furnish or cause to be furnished to the Trustee

 

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(1)            semi-annually,
not later than May 15 and November 15 in each year, 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 immediately preceding May 1 or November 1 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; excluding from any such list names
and addresses received by the Trustee in its capacity as Security Registrar.

 

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 of the Company nor the Trustee nor any agent
of any of them shall be held accountable by reason of any disclosure of information as to names and addresses of Holders made pursuant
to 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 Section 313 of the Trust Indenture Act at the times and in the manner provided pursuant
thereto.

 

Reports so required to be transmitted
at stated intervals of not more than 12 months shall be transmitted no later than April 15 and shall be dated as of April 1
in each calendar year, commencing in 2022 (but if no such event has occurred within such periods no report need be transmitted).

 

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 when any Securities are listed on any stock exchange and
of any delisting thereof.

 

SECTION 704.
Reports by Company. The Company will furnish or file with the Trustee, within 15 days after it files the same with the
Commission, copies of the annual reports and the information, documents and other reports (or copies of such portions of any of the foregoing
as the Commission may by rules and regulations prescribe) that the Company is required to file with the Commission pursuant to Section 13
or 15(d) of the Exchange Act. If the Company is not subject to the requirements of Section 13 or 15(d) of the Exchange
Act, the Company will furnish to all Holders of the Securities and bona fide prospective purchasers of the Securities designated
by the Holders of the Securities, promptly on their request, the information required to be delivered pursuant to Rule 144A(d)(4) promulgated
under the Securities Act. For purposes of this covenant, the Company will be deemed to have furnished such reports and information to,
or filed such reports and information with, the Trustee and the Holders of Securities and bona fide prospective purchasers as
required by this covenant if it has filed such reports or information with the SEC via the EDGAR filing system or otherwise made such
reports or information publicly available on a freely accessible page on the Company’s website. Delivery of any reports, information
and documents to the Trustee is for informational purposes only and receipt of such reports and documents 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 under this Indenture or the Securities (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 under this Indenture or the Securities or with respect to any reports or other documents filed with the Commission
through the EDGAR system or any website under this Indenture.

 

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Article VIII

 

SUCCESSORS

 

SECTION 801.
Merger and Consolidation.

 

(1)            The
Company will not consolidate with or merge with or into, or convey, transfer or lease all or substantially all its assets on a consolidated
basis to, any Person, unless:

 

(A)            the
resulting, surviving or transferee Person (the “Successor Company”) will be a company, corporation, partnership, trust
or limited liability company organized and existing under the laws of the United States of America, any State of the United States or
the District of Columbia and the Successor Company (if not the Company) will expressly assume, by supplemental indenture, executed and
delivered to the Trustee, all the obligations of the Company under the Securities and the Indenture; provided that if the Successor Company
is not a corporation, a corporate wholly owned Subsidiary organized under the laws of the United States of America, any State thereof
or the District of Columbia shall become a co-issuer of the Securities;

 

(B)            immediately
after giving effect to such transaction no Event of Default shall have occurred and be continuing; and

 

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

 

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(2)            For
purposes of this Article VIII the sale, lease, conveyance, transfer or other disposition of all or substantially all of the
properties and assets of one or more Subsidiaries of the Company, which properties and assets, if held by the Company instead of such
Subsidiaries, would constitute all or substantially all of the properties and assets of the Company on a consolidated basis, shall be
deemed to be the transfer of all or substantially all of the properties and assets of the Company on a consolidated basis.

 

(3)            The
predecessor Company will be released from its obligations under the Securities and the Indenture and the Successor Company will succeed
to, and be substituted for, and may exercise every right and power of, the Company under the Securities and the Indenture, but, in the
case of a lease of all or substantially all its assets, the predecessor Company will not be released from the obligation to pay the principal
of and interest on the Securities.

 

Article IX

 

SUPPLEMENTAL INDENTURES

 

SECTION 901.
Supplemental Indentures Without Consent of Holders. Except as may otherwise be provided pursuant to Section 301
for all or any specific Securities of any series, without the consent of any Holders, the Company and the Trustee, at any time and
from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, 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 Securities of any series (and if such covenants are
to be for the benefit of less than all Securities of such series, stating that such covenants are expressly being included solely for
the benefit of such Securities within such series) or to surrender any right or power herein conferred upon the Company with regard to
all or any Securities of any series (and if any such surrender is to be made with regard to less than all Securities of such series,
stating that such surrender is expressly being made solely with regard to such Securities within such series); or

 

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

 

(4)            to
add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the issuance of
Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate
the issuance of Securities in uncertificated form; or

 

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(5)            to
add to, change or eliminate any of the provisions of this Indenture in respect of all or any Securities of any series (and if such addition,
change or elimination is to apply with respect to less than all Securities of such series, stating that it is expressly being made to
apply solely with respect to such Securities within such series), 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

 

(6)            to
add guarantees with respect to the Securities; or

 

(7)            to
secure the Securities; or

 

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

 

(9)            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

 

(10)            to
add to or change any of the provisions of this Indenture with respect to any Securities that by their terms may be converted into securities
or other property other than Securities of the same series and of like tenor, in order to permit or facilitate the issuance, payment
or conversion of such Securities; or

 

(11)            to
comply with any rules of any applicable Depositary; or

 

(12)            to
conform the text of this Indenture or any Securities to any provision of the “Description of the Notes” (or comparable) section
in any offering memorandum, prospectus or prospectus supplement of the Company prepared from time to time after the date of this Indenture
with respect to the offer and sale of Securities of any series, to the extent that such provision was intended to be a verbatim recitation
of a provision of this Indenture or the Securities; or

 

(13)            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 pursuant
to this Clause (13) shall not adversely affect the interests of the Holders of Securities of any series in any material respect.

 

The Trustee is hereby authorized
to join with the Company in the execution of any such supplemental indenture, to make any further appropriate agreements and stipulations
which may be therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any property thereunder, but
the Trustee shall not be obligated to enter into any such supplemental indenture which affects the Trustee’s own rights, duties
or immunities under this Indenture or otherwise.

 

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SECTION 902.
Supplemental Indentures With Consent of Holders. Except as may otherwise be provided pursuant to Section 301
for all or any specific Securities of any series, with the consent of the Holders of not less than a majority in principal amount (including
consents obtained in connection with a purchase of, or tender offer or exchange offer for, Securities) (1) of the Securities at
the time Outstanding (voting as a single class) or (2) if fewer than all of the series of the Securities at the time Outstanding
are affected by such supplemental indenture, of all series affected by such supplemental indenture (voting as a single class), 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 or of the Holders of Securities
of such series, as applicable, under this Indenture; provided, however, that no such supplemental indenture shall, without
the consent of the Holder of each Outstanding Security affected thereby (including consents obtained in connection with a purchase of,
or tender offer or exchange offer for, Securities),

 

(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 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 permit the Company to redeem any Security if, absent such supplemental indenture, the
Company would not be permitted to do so, or change any Place of Payment where, or the coin or currency in which, any Security or any
premium or interest thereon is payable, or impair the right to receive or 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)            if
any Security provides that the Holder may require the Company to repurchase or convert such Security, impair such Holder’s right
to require repurchase or conversion of such Security on the terms provided therein, or

 

(3)            reduce
the percentage in principal amount of the Outstanding Securities of any one or more series (considered separately or together as one
class, as applicable, and whether comprising the same or different series or less than all the Securities of a 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

 

(4)            modify
any of the provisions of this Section 902, Section 513 or Section 1006.

 

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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 Securities or series of Securities, or which modifies the rights of the Holders of such Securities or series with
respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders of any other
Securities or of any other series, as applicable.

 

It shall not be necessary for
any Act of Holders under this Section 902 to approve the particular form of any proposed supplemental indenture, but it shall
be sufficient if such Act shall approve the substance thereof. A consent to any indenture supplemental hereto by or on behalf of any
Holder of Securities given in connection with a purchase of, or tender or exchange offer for, such Holder’s Securities will not
be rendered invalid by such purchase, tender or exchange.

 

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 be entitled to
receive, and (subject to Section 601) shall be fully protected in relying upon, an Opinion of Counsel and Officers’
Certificate stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee may,
but shall not be obligated to, enter into any such supplemental indenture which affects the Trustee’s own rights, duties or immunities
under this Indenture or otherwise.

 

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 Trustee, bear a notation in form approved
by the Trustee 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 Trustee and 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 X

 

COVENANTS

 

SECTION 1001.
Payment of Principal, Premium and Interest. The Company covenants and agrees for the benefit 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.

 

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SECTION 1002.
Maintenance of Office or Agency. The Company will maintain in each Place of Payment for any series of Securities 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, where Securities may be surrendered for conversion 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 such office or agency. If at any time the Company shall fail to maintain
any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices
and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent
to receive all such presentations, surrenders, notices and demands. The Company shall cause each of the Security Registrar and the Paying
Agent to maintain an office or agency in the Borough of Manhattan, The City of New York.

 

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.

 

With respect to any Global
Security, and except as otherwise may be specified for such Global Security as contemplated by Section 301, the Corporate
Trust Office of the Trustee shall be the Place of Payment where such Global Security may be presented or surrendered for payment or for
registration of transfer or exchange, or where successor Securities may be delivered in exchange therefor; provided, however,
that any such payment, presentation, surrender or delivery effected pursuant to the Applicable Procedures of the Depositary for such
Global Security shall be deemed to have been effected at the Place of Payment for such Global Security in accordance with the provisions
of this Indenture.

 

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 and 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, on or prior to 11:00 A.M., New York City time, on each due date
of the principal of or any premium or interest on any Securities of that series, deposit (or, if the Company has deposited any trust
funds with a trustee pursuant to Section 1304(1), cause such trustee to deposit) with a Paying Agent a sum sufficient to
pay such amount, such sum to be held as provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company
will promptly notify the Trustee of its action or failure so to act.

 

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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 1003, 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.

 

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, 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, shall,
at the expense of the Company, cause to be published once, in The New York Times or The Wall Street Journal (national edition),
notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date
of such publication, any unclaimed balance of such money then remaining will be repaid to the Company.

 

SECTION 1004.
Corporate Existence. Subject to Article VIII, the Company will do or cause to be done all things necessary
to preserve and keep in full force and effect its corporate existence, rights (charter and statutory), licenses and franchises; provided,
however, that the Company will not be required to preserve any such right, license or franchise if it shall determine that the preservation
thereof is no longer desirable in the conduct of the business of the Company.

 

SECTION 1005.
Statement by Officers as to Default. The Company shall 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 complying with Section 314(a)(4) of the Trust
Indenture Act, stating that a review of the activities of the Company during the preceding fiscal year has been made under the supervision
of the signing Officers with a view to determining whether the Company has kept, observed, performed and fulfilled its obligations under
this Indenture, and compliance with conditions and covenants, with respect to the Securities of each series Outstanding and further stating,
as to each such Officer signing such certificate, that to the best of such Officer’s actual knowledge, the Company has kept, observed,
performed and fulfilled its obligations, conditions and covenants under this Indenture with respect to Securities of such series and
is not in default in the performance and observance of any of the material terms, provisions and conditions of this Indenture with respect
to Securities of such series, in each case, so as not to result in any default or Event of Default with respect to Securities of such
series (or, if a default or Event of Default with respect to Securities of such series shall have occurred and be continuing, describing
all such defaults or Events of Default of which such Officer may have knowledge and what action the Company is taking or propose to take
with respect thereto).

 

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SECTION 1006.
Waiver of Certain Covenants. Except as otherwise provided pursuant to Section 301 for all or any specific Securities
of any series, the Company may, with respect to all or any Securities of any series, omit in any particular instance to comply with any
term, provision or condition set forth in Section 1004 or in any covenant provided pursuant to Section 301(18),
901(2), 901(6) or 901(8) for the benefit of the Holders of such series or in Article VIII
if, before the time for such compliance, the Holders of not less than a majority in principal amount (including waivers obtained in connection
with a purchase of, or tender offer or exchange offer for, Securities) (1) of all the Securities at the time Outstanding (voting
as a single class) or (2) if fewer than all of the series of the Securities at the time Outstanding are affected by such omission,
of the series affected by such waiver (voting as a single class) 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. A waiver
of compliance given by or on behalf of any Holder of Securities in connection with a purchase of, or tender or exchange offer for, such
Holder’s Securities will not be rendered invalid by such purchase, tender or exchange.

 

Article XI

 

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 established in or
pursuant to 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, at least 5 Business Days prior to delivery of notice of redemption to Holders of Securities
fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee), deliver a Company Request to Trustee, together with
the notice to be given, and 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. In the case of any redemption of Securities (1) prior to the
expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (2) pursuant
to an election of the Company that is subject to a condition specified in the terms of the Securities of the series to be redeemed, the
Company shall furnish the Trustee with an Officers’ Certificate and Opinion of Counsel evidencing compliance with such restriction
or condition. Redemptions may be conditioned upon the occurrence of conditions precedent with respect to the redemption.

 

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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, in the case of Global Securities by Applicable Procedures
or otherwise by pro rata method and which may provide for the selection for redemption of a portion of the principal amount of any Security
of such series, provided that the unredeemed portion of the principal amount of any Security shall be in an authorized denomination (which
shall not be less than the minimum authorized denomination) for such Security. If required by Applicable Procedures for Global Securities,
or otherwise for Definitive Securities, if less than all the Securities of such series and of a specified tenor are to be redeemed (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 and specified tenor not previously called for redemption
in accordance with the preceding sentence.

 

If any Security selected for
partial redemption is converted in part before termination of the conversion right (if applicable to the relevant series of Securities)
with respect to the portion of the Security so selected, the converted portion of such Security shall be deemed (so far as it may be)
to be the portion selected for redemption. Securities which have been converted during a selection of Securities to be redeemed shall
be treated by the Trustee as Outstanding for the purpose of such selection.

 

The Trustee shall promptly
notify the Company and each Security Registrar 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 not less than
10 days nor more than 60 days prior to the Redemption Date (or within such period as otherwise specified as contemplated by Section 301
for the relevant Securities), to each Holder of Securities to be redeemed, at its address appearing in the Security Register.

 

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All notices of redemption shall
identify the Securities to be redeemed (including CUSIP numbers, if any, and that no representation is made as to the correctness or
accuracy of the CUSIP number, if any, listed in such noticed or printed on the Securities), the paragraph of the Securities and the Section of
the Indenture pursuant to which the Securities called for redemption are being redeemed, and shall 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,

 

(5)            the
place or places where each such Security is to be surrendered for payment of the Redemption Price,

 

(6)            the
conditions precedent for the redemption, if any,

 

(7)            for
any Securities that by their terms may be converted, the terms of conversion, the date on which the right to convert the Security to
be redeemed will terminate and the place or places where such Securities may be surrendered for conversion, and

 

(8)            that
the redemption is for a sinking fund, if such is the case.

 

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

 

SECTION 1105.
Deposit of Redemption Price. Prior to 11:00 A.M., New York City 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, other than any Securities called
for redemption on that date which have been converted prior to the date of such deposit.

 

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If any Security called for
redemption is converted, any money deposited with the Trustee or with any Paying Agent or so segregated and held in trust for the redemption
of such Security shall (subject to any right of the Holder of such Security or any Predecessor Security to receive interest as provided
in the last paragraph of Section 307 or in the terms of such Security) be paid to the Company upon Company Request or, if
then held by the Company, shall be discharged from such trust.

 

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 or unless the conditions precedent for the redemption
have not been satisfied) 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 interest
whose Stated Maturity is on or prior to the Redemption Date will 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.

 

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 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.
No Limit on Repurchases. Nothing in this Indenture or the Securities shall prohibit or limit the right of the Company or
any Affiliate of the Company to repurchase Securities from time to time at any price in open market purchases or private transactions
at negotiated prices, by tender offer or otherwise, in each case without any notice to or consent by Holders. Any Securities purchased
by the Company or any Affiliate of the Company may, to the extent permitted by law and at the discretion of the Company, be held, resold
or delivered to the Trustee for cancellation. Any such Securities delivered to the Trustee for cancellation may not be resold and shall
be disposed of as directed by Company Order.

 

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Article XII

 

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 converted
in accordance with their terms or 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 (or at such other prices as may be specified for such Securities
as contemplated in Section 301), 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 (or such shorter period as shall be satisfactory to the
Trustee) prior 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.
Not less than 30 days prior to each such sinking fund payment date, the Trustee shall select the 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.

 

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Article XIII

 

DEFEASANCE AND COVENANT DEFEASANCE

 

SECTION 1301.
Company’s Option to Effect Defeasance or Covenant Defeasance. Unless otherwise designated pursuant to Section 301(15),
the Securities of any series of Securities shall be subject to defeasance or covenant defeasance pursuant to such Section 1302
or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with
the conditions set forth below in this Article. The Company may elect, at its option, at any time, to have Section 1302 or
Section 1303 applied to any Securities or any series of Securities so subject to defeasance or covenant defeasance. Any such
election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such
Securities.

 

SECTION 1302.
Defeasance and Discharge. Upon the Company’s exercise of its option (if any) to have this Section 1302
applied to any Securities or any series of Securities, as the case may be, the Company shall be deemed to have been discharged from its
obligations with respect to such Securities as provided in this Section 1302 on and after the date the conditions set forth
in Section 1304 are satisfied (hereinafter called “Defeasance”). For this purpose, such Defeasance
means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by such Securities and to have
satisfied all their other respective obligations under such Securities and this Indenture insofar as such Securities are concerned (and
the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), subject to the following which
shall survive until otherwise terminated or discharged hereunder: (1) the rights of Holders of such Securities to receive, solely
from the trust fund described in Section 1304(1) and as more fully set forth in such Section, payments in respect of
the principal of and any premium and interest on such Securities when payments are due, or, if applicable, to convert such Securities
in accordance with their terms, (2) the obligations of the Company with respect to such Securities under Sections 304, 305,
306, 1002 and 1003, and, if applicable, their obligations with respect to the conversion of such Securities, (3) the
rights, powers, trusts, duties and immunities of the Trustee hereunder and (4) this Article. Subject to compliance with this Article,
the Company may exercise its option (if any) to have this Section 1302 applied to any Securities notwithstanding the prior
exercise of its option (if any) to have Section 1303 applied to such Securities.

 

SECTION 1303.
Covenant Defeasance. Upon the Company’s exercise of its option (if any) to have this Section 1303 applied
to any Securities or any series of Securities, as the case may be, (1) the Company shall be released from its obligations under
Section 1004 and any covenants provided pursuant to Section 301(18), 901(2), 901(6) or 901(8) for
the benefit of the Holders of such Securities and (2) the occurrence of any event specified in Sections 501(4) (with
respect to Section 1004 and any such covenants provided pursuant to Section 301(18), 901(2), 901(6) or
901(7)) and 501(7) shall be deemed not to be or result in an Event of Default, in each case with respect to such Securities
as provided in this Section 1303 on and after the date the conditions set forth in Section 1304 are satisfied
(hereinafter called “Covenant Defeasance”). For this purpose, such Covenant Defeasance means that, with respect
to such Securities, 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 specified Section (to the extent so specified in the case of Section 501(4)), whether directly or
indirectly by reason of any reference elsewhere herein to any such Section or by reason of any reference in any such Section to
any other provision herein or in any other document, but the remainder of this Indenture and such Securities thereof shall be unaffected
thereby.

 

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SECTION 1304.
Conditions to Defeasance or Covenant Defeasance. The following shall be the conditions to the application of Section 1302
or Section 1303. to any Securities or any series of Securities, as the case may be:

 

(1)            The
Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee which satisfies the requirements
contemplated by Section 609 and agrees to comply with the provisions of this Article 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 benefits
of the Holders of such Securities, (A) money in an amount, or (B) U.S. 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) such other obligations or arrangements as may be specified as contemplated by Section 301
with respect to such Securities, or (D) a combination thereof, in each case sufficient (except in the case of clause (A), 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) to pay and discharge, and which shall be applied by the Trustee (or any
such other qualifying trustee) to pay and discharge, the principal of and any premium and interest on such Securities on the respective
Stated Maturities, in accordance with the terms of this Indenture and such Securities. As used herein, “U.S. Government Obligation”
means (x) any security which is (i) a direct obligation of the United States of America for the timely payment of which the
full faith and credit of the United States of America is pledged or (ii) an obligation of a Person controlled or supervised by and
acting as an agency or instrumentality of the United States of America the timely payment of which is unconditionally guaranteed as a
full faith and credit obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable
at the option of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of
the Securities Act) as custodian with respect to any U.S. Government Obligation which is specified in Clause (x) above and held
by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest
on any U.S. Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not authorized
to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect
of the U.S. Government Obligation or the specific payment of principal or interest evidenced by such depositary receipt.

 

(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, subject to customary exceptions and exclusions, stating that (A) the
Company has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this Indenture,
there has been a change in the applicable Federal income tax law, in either case (A) or (B) to the effect that, and based thereon
such opinion shall confirm that, the Holders of such Securities will not recognize income, gain or loss for Federal income tax purposes
as a result of the deposit, Defeasance and discharge to be effected with respect to such Securities 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
were not to occur.

 

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(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, subject to customary exceptions and exclusions, to the effect that
the Holders of such Securities will not recognize income, gain or loss for Federal income tax purposes as a result of the deposit and
Covenant Defeasance to be effected with respect to such Securities 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 were not to occur.

 

(4)            The
Company shall have delivered to the Trustee an Officers’ Certificate to the effect that neither such Securities nor any other Securities
of the same series, if then listed on any securities exchange, will be delisted as a result of such deposit.

 

(5)            No
event which is, or after notice or lapse of time or both would become, an Event of Default with respect to such Securities or any other
Securities (other than such an event or Event of Default with respect to such Securities resulting solely from the incurrence of indebtedness
or other borrowing of funds, or the grant of liens securing such indebtedness or other borrowing, all or a portion of which are to be
applied to such deposit) shall have occurred and be continuing at the time of such deposit.

 

(6)            Such
Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under, any other agreement or
instrument (other than this Indenture insofar as such Securities are concerned) to which the Company is a party or by which it is bound.

 

(7)            The
Company shall have delivered to the Trustee an Officers’ Certificate stating that the deposit was not made by the Company with
the intent of preferring the Holders of such Securities over the other creditors of the Company or with the intent of defeating, hindering,
delaying or defrauding creditors of the Company.

 

(8)            The
Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
precedent with respect to such Defeasance or Covenant Defeasance have been complied with.

 

SECTION 1305.
Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions. Subject to the provisions
of the last paragraph of Section 1303, all money, U.S. Government Obligations and other obligations (including the proceeds
thereof) deposited with the Trustee or other qualifying trustee (solely for purposes of this Section 1305 and Section 1306,
the Trustee and any such other trustee are referred to collectively as the “Trustee”) pursuant to Section 1304
in respect of any Securities 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 such Paying Agent (including the Company acting as its own Paying
Agent or any Subsidiary or Affiliate of the Company) as the Trustee may determine, to the Holders of such Securities, of all sums due
and to become due thereon in respect of principal and any premium and interest, but money and U.S. Government Obligations so held in
trust need not be segregated from other funds except to the extent required by law.

 

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The Company shall pay and indemnify
the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations deposited pursuant to
Section 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 Outstanding Securities.

 

Anything in this Article to
the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money, U.S.
Government Obligations or other obligations held by it as provided in Section 1304 with respect to any Securities which,
in the opinion of a nationally recognized firm of independent public accountants 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 the Defeasance or Covenant
Defeasance, as the case may be, with respect to such Securities.

 

SECTION 1306.
Reinstatement. If the Trustee or the Paying Agent is unable to apply any money in accordance with this Article with
respect to any Securities by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the respective obligations under this Indenture and such Securities from which the Company has been
discharged or released pursuant to Section 1302 or 1303 shall be revived and reinstated as though no deposit had occurred
pursuant to this Article with respect to such Securities, until such time as the Trustee or Paying Agent is permitted to apply all
money held in trust pursuant to Section 1305 with respect to such Securities in accordance with this Article; provided,
however, that if the Company makes any payment of principal of or any premium or interest on any such Security following such
reinstatement of its obligations, the Company shall be subrogated to the rights (if any) of the Holders of such Securities to receive
such payment from the money so held in trust.

 

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. Delivery of an executed counterpart of this Indenture by facsimile or electronic transmission
shall be equally as effective as delivery of an original executed counterpart of this Indenture. Any party delivering an executed counterpart
of this Indenture by facsimile or electronic transmission also shall deliver an original executed counterpart of this Indenture, but
failure to deliver an original executed counterpart shall not affect the validity, enforceability and binding effect of this Indenture.
The words “execution,” “signed,” “signature,” “delivery,” and words of like import in
or relating to this Indenture or any document to be signed in connection with this Indenture shall be deemed to include electronic signatures,
deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability
as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and
the parties hereto consent to conduct the transactions contemplated hereunder by electronic means.

 

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

 

	 	COTERRA
    ENERGY INC.
	 	 
	 	By: 	/s/ Scott C. Schroeder
	 	 	Name: Scott C. Schroeder
	 	 	Title: Executive Vice President and Chief Financial Officer

 

Signature Page to Indenture

 

     

     

    

 

	 	U.S.
    BANK NATIONAL ASSOCIATION
	 	 
	 	By:	 /s/ Michael McGuire
	 	 	Name: Michael McGuire
	 	 	Title: Vice President

 

Signature
Page to Indenture

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