Document:

Form of Medium-Term Notes, Series K, Securities Linked to the iShares MSCI

 Exhibit 4.2 

[Face of Note] 
 Unless this
certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to the Company or its agent for registration of transfer, exchange or payment, and any certificate issued is
registered in the name of Cede & Co. or in such other name as requested by an authorized representative of DTC (and any payment is made to Cede & Co. or such other entity as is requested by an authorized representative of DTC), ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. 

 

			
	 CUSIP NO. 94986RRD5
 REGISTERED NO.
     
	  	FACE AMOUNT: $                

 WELLS FARGO & COMPANY 

MEDIUM-TERM NOTE, SERIES K 

Due Nine Months or More From Date of Issue 

Securities Linked to the iShares® MSCI Emerging 

Markets ETF due September 3, 2015 

WELLS FARGO & COMPANY, a corporation duly organized and existing under the laws of the State of Delaware (hereinafter
called the “Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, an amount equal to the
Redemption Amount (as defined below), 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, on the Stated Maturity Date. The “Initial Stated Maturity
Date” shall be September 3, 2015. If no Market Disruption Event (as defined below) occurs or is continuing on the scheduled Calculation Day (as defined below), the Initial Stated Maturity Date will be the “Stated Maturity
Date.” If a Market Disruption Event occurs or is continuing on the scheduled Calculation Day, the “Stated Maturity Date” shall be the later of (i) three Business Days (as defined below) after the postponed Calculation
Day and (ii) the Initial Stated Maturity Date. This Security shall not bear any interest. 
 Any payments on this
Security at Maturity will be made against presentation of this Security at the office or agency of the Company maintained for that purpose in the City of Minneapolis, Minnesota and at any other office or agency maintained by the Company for such
purpose. 
 “Face Amount” shall mean, when used with respect to this Security, the amount set forth on the
face of this Security as its “Face Amount.” 

 Determination of Redemption Amount 

The “Redemption Amount” of this Security will equal: 

 

	 	•	 	 if the Ending Price is greater than the Starting Price: the lesser of: 

 

	 	(i)	 the Face Amount plus: 

  

																			
		 	 	 	Face Amount  x    	 	 	 	 Ending Price – Starting Price
	 	 	 	  x  Participation Rate	 	 	 	; and	 	
		 	 	 	 	 	 	Starting Price	 	 	 	 	 	 	 

  

	 	(ii)	 the Capped Value; 

  

	 	•	 	 if the Ending Price is less than or equal to the Starting Price, but greater than or equal to the Threshold Price: the Face Amount; or

  

	 	•	 	 if the Ending Price is less than the Threshold Price: the Face Amount minus: 

 

													
		 	 	 	   Face Amount x  
	 	Threshold Price – Ending Price	 		 	 	 	
		 	 	 	 	Starting Price	 		 	 	 

 The “Fund” shall mean the iShares MSCI Emerging Markets ETF. 

The “Pricing Date” shall mean August 29, 2013. 

The “Starting Price” is $37.72, the Fund Closing Price of the Fund on the Pricing Date. 

The “Ending Price” will be the Fund Closing Price of the Fund on the Calculation Day. 

The “Fund Closing Price” with respect to the Fund on any Trading Day means the product of (i) the
Closing Price of one share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading Day and (ii) the Adjustment Factor on such Trading Day. 

The “Closing Price” with respect to a share of the Fund (or one unit of any other security for which a
Closing Price must be determined) on any Trading Day means the price, at the scheduled weekday closing time, without regard to after hours or any other trading outside the regular trading session hours, of the share on the principal United States
securities exchange registered under the Securities Exchange Act of 1934, as amended, on which the share (or any such other security) is listed or admitted to trading. 

The “Adjustment Factor” means, with respect to a share of the Fund (or one unit of any other security for
which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution
Adjustments” below. 

  
 2 

 The “Capped Value” is 112.50% of the Face Amount of this
Security. 
 The “Threshold Price” is $30.17, which is equal to 80% of the Starting Price. 

The “Participation Rate” is 100%. 

The “Underlying Index” shall mean the MSCI Emerging Markets Index. 

“Business Day” shall mean a day, other than a Saturday or Sunday, that is neither a legal holiday nor a day
on which banking institutions are authorized or required by law or regulation to close in New York, New York. 
 A
“Trading Day” with respect to the Fund means a day, as determined by the Calculation Agent, on which the Relevant Exchange (as defined below) and each Related Exchange (as defined below) with respect to the Fund, or any successor
thereto, if applicable, are scheduled to be open for trading for their respective regular trading sessions. 
 The
“Relevant Exchange” for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent. 

The “Related Exchange” for the Fund means each exchange or quotation system where trading has a material
effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the Fund. 

The “Calculation Day” shall be August 31, 2015 or, if such day is not a Trading Day, the next succeeding
Trading Day. The Calculation Day is subject to postponement due to the occurrence of a Market Disruption Event. If a Market Disruption Event occurs or is continuing with respect to the Fund on the Calculation Day, such Calculation Day will be
postponed to the first succeeding Trading Day on which a Market Disruption Event has not occurred and is not continuing. If such first succeeding Trading Day has not occurred as of the eighth Trading Day after the originally scheduled Calculation
Day, that eighth Trading Day shall be deemed the Calculation Day. If the Calculation Day has been postponed eight Trading Days after the originally scheduled Calculation Day and a Market Disruption Event occurs or is continuing with respect to the
Fund on such eighth Trading Day, the Calculation Agent will determine the Closing Price of the Fund on such eighth Trading Day based on its good faith estimate of the value of the shares (or other applicable securities) of the Fund as of the Close
of Trading (as defined below) on such eighth Trading Day. See “—Market Disruption Events.” 

“Calculation Agent Agreement” shall mean the Calculation Agent Agreement dated as of May 29, 2012
between the Company and the Calculation Agent, as amended from time to time. 
 “Calculation Agent” shall
mean the Person that has entered into the Calculation Agent Agreement with the Company providing for, among other things, the determination of the Ending Price and the Redemption Amount, which term shall, unless the context otherwise requires,
include its successors under such Calculation Agent Agreement. The initial Calculation Agent shall be Wells Fargo Securities, LLC. Pursuant to the Calculation Agent Agreement, the Company may appoint a different Calculation Agent from time to time
after the initial issuance 

  
 3 

 
of this Security without the consent of the Holder of this Security and without notifying the Holder of this Security. 

Market Disruption Events 

A “Market Disruption Event” means, with respect to the Fund, any of the following events as determined by the
Calculation Agent in its sole discretion: 
  

	 	(A)	 The occurrence or existence of a material suspension of or limitation imposed on trading by the Relevant Exchange or otherwise relating to the
shares (or other applicable securities) of the Fund or any Successor Fund (as defined below) on the Relevant Exchange at any time during the one-hour period that ends at the Close of Trading on such day, whether by reason of movements in price
exceeding limits permitted by such Relevant Exchange or otherwise. 

  

	 	(B)	 The occurrence or existence of a material suspension of or limitation imposed on trading by any Related Exchange or otherwise in futures or options
contracts relating to the shares (or other applicable securities) of the Fund or any Successor Fund on any Related Exchange at any time during the one-hour period that ends at the Close of Trading on that day, whether by reason of movements in price
exceeding limits permitted by the Related Exchange or otherwise. 

  

	 	(C)	 The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the ability of market participants in
general to effect transactions in, or obtain market values for, shares (or other applicable securities) of the Fund or any Successor Fund on the Relevant Exchange at any time during the one-hour period that ends at the Close of Trading on that day.

  

	 	(D)	 The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the ability of market participants in
general to effect transactions in, or obtain market values for, futures or options contracts relating to shares (or other applicable securities) of the Fund or any Successor Fund on any Related Exchange at any time during the one-hour period that
ends at the Close of Trading on that day. 

  

	 	(E)	 The closure of the Relevant Exchange or any Related Exchange with respect to the Fund or any Successor Fund prior to its Scheduled Closing Time
unless the earlier closing time is announced by the Relevant Exchange or Related Exchange, as applicable, at least one hour prior to the earlier of (1) the actual closing time for the regular trading session on such Relevant Exchange or Related
Exchange, as applicable, and (2) the submission deadline for orders to be entered into the Relevant Exchange or Related Exchange, as applicable, system for execution at the Close of Trading on that day. 

 

	 	(F)	 The Relevant Exchange or any Related Exchange with respect to the Fund or any Successor Fund fails to open for trading during its regular trading
session. 

  
 4 

 For purposes of determining whether a Market Disruption Event has occurred: 

 

	 	(1)	 “Close of Trading” means the Scheduled Closing Time of the Relevant Exchange with respect to the Fund or any Successor Fund; and

  

	 	(2)	 the “Scheduled Closing Time” of the Relevant Exchange or any Related Exchange on any Trading Day for the Fund or any Successor
Fund means the scheduled weekday closing time of such Relevant Exchange or Related Exchange on such Trading Day, without regard to after hours or any other trading outside the regular trading session hours. 

Anti-dilution Adjustments Relating to the Fund; Alternate Calculation 

Anti-dilution Adjustments 

The Calculation Agent will adjust the Adjustment Factor with respect to the Fund as specified below if any of the events
specified below occurs with respect to the Fund and the effective date or ex-dividend date, as applicable, for such event is after the Pricing Date and on or prior to the Calculation Day. 

The adjustments specified below do not cover all events that could affect the Fund. The Calculation Agent may, in its sole
discretion, make additional adjustments to any terms of this Security upon the occurrence of other events that affect or could potentially affect the market price of, or shareholder rights in, the Fund, with a view to offsetting, to the extent
practical, any such change, and preserving the relative investment risks of this Security. In addition, the Calculation Agent may, in its sole discretion, make adjustments or a series of adjustments that differ from those described herein if the
Calculation Agent determines that such adjustments do not properly reflect the economic consequences of the events specified herein or would not preserve the relative investment risks of this Security. All determinations made by the Calculation
Agent in making any adjustments to the terms of this Security, including adjustments that are in addition to, or that differ from, those described herein, will be made in good faith and a commercially reasonable manner, with the aim of ensuring an
equitable result. In determining whether to make any adjustment to the terms of this Security, the Calculation Agent may consider any adjustment made by the Options Clearing Corporation or any other equity derivatives clearing organization on
options contracts on the Fund. 
 For any event described below, the Calculation Agent will not be required to adjust the
Adjustment Factor unless the adjustment would result in a change to the Adjustment Factor then in effect of at least 0.10%. The Adjustment Factor resulting from any adjustment will be rounded up or down, as appropriate, to the nearest one-hundred
thousandth. 
  

	 	(A)	 Stock Splits and Reverse Stock Splits 

If a stock split or reverse stock split has occurred, then once such split has become effective, the Adjustment Factor will
be adjusted to equal the product of the prior Adjustment Factor and the number of securities which a holder of one share (or other applicable security) of the Fund before the effective date of such 

  
 5 

 
stock split or reverse stock split would have owned or been entitled to receive immediately following the applicable effective date. 

 

	 	(B)	 Stock Dividends 

If a dividend or distribution of shares (or other applicable securities) to which this Security is linked has been made by
the Fund ratably to all holders of record of such shares (or other applicable security), then the Adjustment Factor will be adjusted on the ex-dividend date to equal the prior Adjustment Factor plus the product of the prior Adjustment Factor and the
number of shares (or other applicable security) of the Fund which a holder of one share (or other applicable security) of the Fund before the ex-dividend date would have owned or been entitled to receive immediately following that date; provided,
however, that no adjustment will be made for a distribution for which the number of securities of the Fund paid or distributed is based on a fixed cash equivalent value. 
  

	 	(C)	 Extraordinary Dividends 

If an Extraordinary Dividend (as defined below) has occurred, then the Adjustment Factor will be adjusted on the ex-dividend
date to equal the product of the prior Adjustment Factor and a fraction, the numerator of which is the Closing Price per share (or other applicable security) of the Fund on the Trading Day preceding the ex-dividend date, and the denominator of which
is the amount by which the Closing Price per share (or other applicable security) of the Fund on the Trading Day preceding the ex-dividend date exceeds the Extraordinary Dividend Amount (as defined below). 

For purposes of determining whether an Extraordinary Dividend has occurred: 

 

	 	(1)	 “Extraordinary Dividend” means any cash dividend or distribution (or portion thereof) that the Calculation Agent determines, in
its sole discretion, is extraordinary or special; and 

  

	 	(2)	 “Extraordinary Dividend Amount” with respect to an Extraordinary Dividend for the securities of the Fund will equal the amount per
share (or other applicable security) of the Fund of the applicable cash dividend or distribution that is attributable to the Extraordinary Dividend, as determined by the Calculation Agent in its sole discretion. 

A distribution on the securities of the Fund described below under the section entitled “—Reorganization
Events” below that also constitutes an Extraordinary Dividend will only cause an adjustment pursuant to that “—Reorganization Events” section. 

  
 6 

	 	(D)	 Other Distributions 

If the Fund declares or makes a distribution to all holders of the shares (or other applicable security) of the Fund of any
non-cash assets, excluding dividends or distributions described under the section entitled “—Stock Dividends” above, then the Calculation Agent may, in its sole discretion, make such adjustment (if any) to the Adjustment Factor as it
deems appropriate in the circumstances. If the Calculation Agent determines to make an adjustment pursuant to this paragraph, it will do so with a view to offsetting, to the extent practical, any change in the economic position of a holder of this
Security that results solely from the applicable event. 
  

	 	(E)	 Reorganization Events 

If the Fund, or any Successor Fund, is subject to a merger, combination, consolidation or statutory exchange of securities
with another exchange traded fund, and the Fund to which this Security is linked is not the surviving entity (a “Reorganization Event”), then, on or after the date of such event, the Calculation Agent shall, in its sole discretion,
make an adjustment to the Adjustment Factor or the method of determining the Redemption Amount or any other terms of this Security as the Calculation Agent determines appropriate to account for the economic effect on this Security of such event, and
determine the effective date of that adjustment. If the Calculation Agent determines that no adjustment that it could make will produce a commercially reasonable result, then the Calculation Agent may deem such event a Liquidation Event (as defined
below). 
 Liquidation Events 

If the Fund is de-listed, liquidated or otherwise terminated (a “Liquidation Event”), and a successor or
substitute exchange traded fund exists that the Calculation Agent determines, in its sole discretion, to be comparable to the Fund, then, upon the Calculation Agent’s notification of that determination to the Trustee and the Company, any
subsequent Fund Closing Price for the Fund will be determined by reference to the Fund Closing Price of such successor or substitute exchange traded fund (such exchange traded fund being referred to herein as a “Successor Fund”),
with such adjustments as the Calculation Agent determines are appropriate to account for the economic effect of such substitution on the holder of this Security. 

If the Fund undergoes a Liquidation Event prior to, and such Liquidation Event is continuing on, the date that any Fund
Closing Price of the Fund is to be determined and the Calculation Agent determines that no Successor Fund is available at such time, then the Calculation Agent will, in its discretion, calculate the Fund Closing Price for the Fund on such date by a
computation methodology that the Calculation Agent determines will as closely as reasonably possible replicate the Fund, provided that if the Calculation Agent determines in its discretion that it is not practicable to replicate the Fund (including
but not limited to the instance in which the sponsor of the index underlying the Fund discontinues publication of that index), then the Calculation Agent will calculate the Fund Closing Price for the Fund in accordance with the formula last used to
calculate such Fund Closing Price before such Liquidation Event, but 

  
 7 

 
using only those securities that were held by the Fund immediately prior to such Liquidation Event without any rebalancing or substitution of such securities following such Liquidation Event.

 If a Successor Fund is selected or the Calculation Agent calculates the Fund Closing Price as a substitute for the Fund,
such Successor Fund or Fund Closing Price will be used as a substitute for the Fund for all purposes, including for purposes of determining whether a Market Disruption Event exists. 

If any event is both a Reorganization Event and a Liquidation Event, such event will be treated as a Reorganization Event for
purposes of this Security unless the Calculation Agent makes the determination referenced in the last sentence of the section entitled “—Anti-dilution Adjustments—Reorganization Events” above. 

Alternate Calculation 

If at any time the method of calculating the Fund or a Successor Fund, or the Underlying Index, is changed in a material
respect, or if the Fund or a Successor Fund is in any other way modified so that the Fund does not, in the opinion of the Calculation Agent, fairly represent the price of the securities of the Fund or such Successor Fund had such changes or
modifications not been made, then the Calculation Agent may, at the close of business in New York City on the date that any Fund Closing Price is to be determined, make such calculations and adjustments as, in the good faith judgment of the
Calculation Agent, may be necessary in order to arrive at a Closing Price of an exchange traded fund comparable to the Fund or such Successor Fund, as the case may be, as if such changes or modifications had not been made, and calculate the Fund
Closing Price and the Redemption Amount with reference to such adjusted Closing Price of the Fund or such Successor Fund, as applicable. 

Calculation Agent 

The Calculation Agent will determine the Redemption Amount and the Ending Price. In addition, the Calculation Agent will
(i) determine if adjustments are required to the Fund Closing Price and/or the Adjustment Factor under the circumstances described in this Security, (ii) if the Fund undergoes a Liquidation Event, select a Successor Fund or, if no
Successor Fund is available, determine the Fund Closing Price of the Fund, and (iii) determine whether a Market Disruption Event has occurred. 

The Company covenants that, so long as this Security is Outstanding, there shall at all times be a Calculation Agent (which
shall be a broker-dealer, bank or other financial institution) with respect to this Security. 

All determinations made by the Calculation Agent with respect to this Security will be at the sole discretion of the
Calculation Agent and, in the absence of manifest error, will be conclusive for all purposes and binding on the Company and the Holder of this Security. All percentages and other amounts resulting from any calculation with respect to this Security
will be rounded at the Calculation Agent’s discretion. 

  
 8 

 Tax Considerations 

The Company agrees, and by acceptance of a beneficial ownership interest in this Security each Holder of this Security will be
deemed to have agreed (in the absence of a statutory, regulatory, administrative or judicial ruling to the contrary), for United States federal income tax purposes to characterize and treat this Security as a
pre-paid derivative contract in respect of the Fund. 
 Redemption and Repayment 

This Security is not subject to redemption at the option of the Company or repayment at the option of the Holder hereof prior
to September 3, 2015. This Security is not entitled to any sinking fund. 
 Acceleration 

If an Event of Default, as defined in the Indenture, with respect to this Security shall occur and be continuing, the
Redemption Amount (calculated as set forth in the next sentence) of this Security may be declared due and payable in the manner and with the effect provided in the Indenture. The amount payable to the Holder hereof upon any acceleration permitted
under the Indenture will be equal to the Redemption Amount hereof calculated as provided herein as though the date of acceleration was the Calculation Day. 
  

 

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 by manual signature or its duly authorized agent under the Indenture referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit
under the Indenture or be valid or obligatory for any purpose. 
 [The remainder of this page has been left intentionally blank] 

  
 9 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed
under its corporate seal. 
  
 DATED:
                         
  

 

					
	WELLS FARGO & COMPANY
		
	By:	 	  

		
		 	  

		 	Its:	 	  

 [SEAL] 
  

					
		
	Attest:	 	 
		 	  

		 	Its:	 	  

 TRUSTEE’S CERTIFICATE OF 

AUTHENTICATION 
 This is one of the Securities of the 

series designated therein described 
 in the within-mentioned Indenture. 
 CITIBANK, N.A., 

as Trustee 
  

			
	By:	 	  

		 	Authorized Signature

 OR 

WELLS FARGO BANK, N.A., 
 as Authenticating Agent
for the Trustee 
  

			
	By:	 	  

		 	Authorized Signature

  
 10 

 [Reverse of Note] 

WELLS FARGO & COMPANY 

MEDIUM-TERM NOTE, SERIES K 

Due Nine Months or More From Date of Issue 

Securities Linked to the iShares® MSCI Emerging 

Markets ETF due September 3, 2015 

This Security is one of a duly authorized issue of securities of the Company (herein called the
“Securities”), issued and to be issued in one or more series under an indenture dated as of July 21, 1999, as amended or supplemented from time to time (herein called the “Indenture”), between the Company and
Citibank, N.A., as Trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the
respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and 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 of the Securities designated as Medium-Term Notes, Series K, of the Company, which series is limited to an aggregate principal amount or face amount, as applicable, of $25,000,000,000 or the equivalent thereof in one or more
foreign or composite currencies. The amount payable on the Securities of this series may be determined by reference to the performance of one or more equity-, commodity- or currency-based indices, exchange traded funds, securities, commodities,
currencies, statistical measures of economic or financial performance, or a basket comprised of two or more of the foregoing, or any other market measure or may bear interest at a fixed rate or a floating rate. The Securities of this series may
mature at different times, be redeemable at different times or not at all, be repayable at the option of the Holder at different times or not at all and be denominated in different currencies. 

Article Sixteen of the Indenture shall not apply to this Security. 

The Securities are issuable only in registered form without coupons and will be either
(a) book-entry securities represented by one or more Global Securities recorded in the book-entry system maintained by the Depositary or (b) certificated
securities issued to and registered in the names of, the beneficial owners or their nominees. 
 The Company agrees, to the
extent permitted by law, not to voluntarily claim the benefits of any laws concerning usurious rates of interest against a Holder of this Security. 

Modification and Waivers 

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 of each series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in principal amount of the
Securities at the 

  
 11 

 
time Outstanding of all series to be affected, acting together as a class. The Indenture also contains provisions permitting the Holders of a majority in principal amount of the Securities of all
series at the time Outstanding affected by certain provisions of the Indenture, acting together as a class, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with those provisions of the Indenture. Certain
past defaults under the Indenture and their consequences may be waived under the Indenture by the Holders of a majority in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such
series. Solely for the purpose of determining whether any consent, waiver, notice or other action or Act to be taken or given by the Holders of Securities pursuant to the Indenture has been given or taken by the Holders of Outstanding Securities in
the requisite aggregate principal amount, the principal amount of this Security will be deemed to be equal to the amount set forth on the face hereof as the “Face Amount” hereof. 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 herefor or in lieu hereof, whether or not notation of such consent or
waiver is made upon this Security. 
 Defeasance 

Section 403 and Article Fifteen of the Indenture and the provisions of clause (ii) of Section 401(1)(B) of the
Indenture, relating to defeasance at any time of (a) the entire indebtedness on this Security and (b) certain restrictive covenants and certain Events of Default, upon compliance by the Company with certain conditions set forth therein,
shall not apply to this Security. The remaining provisions of Section 401 of the Indenture shall apply to this Security. 
 Authorized
Denominations 
 This Security is issuable only in registered form without coupons in denominations of $1,000 or any
amount in excess thereof which is an integral multiple of $1,000. 
 Registration of Transfer 

Upon due presentment for registration of transfer of this Security at the office or agency of the Company in the City of
Minneapolis, Minnesota, a new Security or Securities of this series, with the same terms as this Security, in authorized denominations for an equal aggregate Face Amount will be issued to the transferee in exchange herefor, as provided in the
Indenture and subject to the limitations provided therein and to the limitations described below, without charge except for any tax or other governmental charge imposed in connection therewith. 

This Security is exchangeable for definitive Securities in registered form only if (x) the Depositary notifies the
Company that it is unwilling or unable to continue as Depositary for this Security or if at any time the Depositary ceases to be a clearing agency registered under the Securities Exchange Act of 1934, as amended, and a successor depositary is not
appointed within 90 days after the Company receives such notice or becomes aware of such ineligibility, (y) the Company in its sole discretion determines that this Security shall be exchangeable for definitive Securities in registered form
and notifies the Trustee thereof or (z) an Event of Default with respect to the Securities represented hereby has occurred and is continuing. If this Security is exchangeable pursuant to the preceding sentence, it shall be exchangeable for
definitive Securities in registered 

  
 12 

 
form, having the same date of issuance, Stated Maturity Date and other terms and of authorized denominations aggregating a like amount. 

This Security may not be transferred except as a whole by the Depositary to a nominee of the Depositary or by a nominee of the
Depositary to the Depositary or another nominee of the Depositary or by the Depositary or any such nominee to a successor of the Depositary or a nominee of such successor. Except as provided above, owners of beneficial interests in this Global
Security will not be entitled to receive physical delivery of Securities in definitive form and will not be considered the Holders hereof for any purpose under the Indenture. 

Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company
or the Trustee may treat the Person in whose name this 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. 
 Obligation of the Company Absolute 

No reference herein to the Indenture and no provision of this Security or the Indenture shall alter or impair the obligation
of the Company, which is absolute and unconditional, to pay the Redemption Amount at the times, place and rate, and in the coin or currency, herein prescribed, except as otherwise provided in this Security. 

No Personal Recourse 

No recourse shall be had for the payment of the Redemption Amount, or for any claim based hereon, or otherwise in respect
hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any incorporator, stockholder, officer or director, as such, past, present or future, of the Company or any successor corporation, whether by virtue of
any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issuance hereof, expressly waived and released.

 Defined Terms 

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

This Security shall be governed by and construed in accordance with the law of the State of New York, without regard to
principles of conflicts of laws. 

  
 13 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they
were written out in full according to applicable laws or regulations: 
  

					
	 TEN COM
	 	   --  
	 	as tenants in common
			
	 TEN ENT
	 	   --  
	 	as tenants by the entireties
			
	 JT TEN
	 	   --  
	 	as joint tenants with right of survivorship and not as tenants in common

  

											
	 UNIF GIFT MIN ACT
	 	   --  
	 	
                  
                                   
	 	 Custodian
	 	
                  
                                       
	 	
		 		 	(Cust)	 		 	    (Minor)	 	

  

	
	 Under Uniform Gifts to Minors Act

	
	  

	(State)

 Additional abbreviations may also be used though not in the above list. 

FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto 

 

			
	 Please Insert Social Security or

	 Other Identifying Number of Assignee

		
	  
	 	

  
  

 
  
  

 
 (PLEASE
PRINT OR TYPE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE)

  
 14 

 the within Security of WELLS FARGO & COMPANY and does hereby irrevocably constitute and
appoint                                      attorney to
transfer the said Security on the books of the Company, with full power of substitution in the premises. 
 Dated:
                                        

  

	
	 
	
	  

 NOTICE: The signature to this assignment must correspond with the name as written upon the face of the
within instrument in every particular, without alteration or enlargement or any change whatever. 

  
 15EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER 

This Amendment No. 1 to Agreement and Plan of Merger (this “Amendment”) is made and entered into as of July 31,
2013 by and among Calavo Growers, Inc., a California corporation (“Calavo”), Renaissance Food Group, LLC, a Delaware limited liability company (“RFG”), Liberty Fresh Foods, LLC, Kenneth J. Catchot, James S. Catchot,
James Gibson, Cut Fruit, LLC, Jose O. Castillo, Donald L. Johnson and the RFG Nominee Trust (the “Trust”). Liberty Fresh Foods, LLC, Kenneth J. Catchot, James S. Catchot, James Gibson, Cut Fruit, LLC, Jose O. Castillo, Donald L.
Johnson and the Trust collectively are referred to in this Amendment as the “Sellers” and individually as a “Seller.” 

RECITALS 
 A. Calavo, RFG and the
Sellers are parties to an Agreement and Plan of Merger dated as of May 25, 2011 (the “Merger Agreement”) pursuant to which, among other things, Calavo acquired RFG from the Sellers and Calavo agreed to make Earn-Out Payments to
the Sellers upon the satisfaction of certain performance requirements specified in the Merger Agreement. 
 B. Section 2.12 of the
Merger Agreement states that, upon the attainment of the Stage 2 Maximum Earn-Out Trigger prior to the end of the Earn-Out Period, Calavo shall be obligated to pay the Stage 2 Maximum Earn-Out Consideration to the Sellers. Section 2.12(c) of
the Merger Agreement states that “[t]he Stage 2 Maximum Earn-Out Consideration shall be $5,000,000 in cash and 827,000 Merger Shares.” Section 2.12(b) of the Merger Agreement states that the Stage 2 Maximum Earn-Out Trigger shall be
met if, for any 12-month period during the Earn-Out Period, (1) the EBITDA for RFG is equal to or greater than $8,000,000 and (2) the Revenue for RFG is equal to or greater than $130,000,000. 

C. Calavo, RFG and the Sellers believe that, based upon the recent performance of RFG, the State 2 Maximum Earn-Out Trigger is likely to be met
prior to the end of the Earn-Out Period and that the Sellers therefore shall be entitled to receive the Stage 2 Maximum Earn-Out Consideration. 

D. Calavo, RFG and the Sellers desire to amend the Merger Agreement by this Amendment to provide, among other things, that: (1) Calavo
shall deliver $5,000,000 of Common Stock to the Trust, for the benefit of the other Sellers, as part of the Stage 2 Maximum Earn-Out Consideration instead of delivering $5,000,000 of cash to the Sellers; (2) the Sellers shall receive specified
price protection from Calavo with respect to the Trust’s sale of such Common Stock; and (3) Calavo shall file with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-3 (the
“Registration Statement”) which shall cover the public resale of such Common Stock by the Trust during the period specified in this Amendment. 

E. Calavo, RFG and the Sellers do not intend that this Amendment shall make any change to the Merger Agreement’s provisions that address
the Stage 3 Earn-Out Payment. Furthermore, Calavo, RFG and the Sellers do not intend that this Amendment shall make any change to the Merger Agreement’s provisions that address the Stage 2 Scale Earn-Out Consideration, which sets forth the
amount of the Stage 2 Earn-Out Payment to which the Sellers are entitled if the Stage 2 Maximum Earn-Out Trigger is not met during the Earn-Out Period. 

 NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration and
the provisions set forth below, Calavo, RFG and the Sellers hereby agree as follows: 
 1. Defined Terms. Except as expressly defined in this
Amendment, capitalized terms used in this Amendment shall have the meanings ascribed to them in the Merger Agreement. 
 2. Issuance of $5,000,000 of
Calavo Common Stock Instead of $5,000,000 of Cash. Section 2.12(c) of the Merger Agreement hereby is amended to read in its entirety as follows: 

“(c) The “Stage 2 Maximum Earn-Out Consideration” that is payable by Calavo if the Stage 2 Maximum Earn-Out Trigger is
met prior to the end of the Earn-Out Period shall consist of (1) 827,000 Merger Shares and (2) an additional number of Merger Shares having a value of $5,000,000. An Amendment No. 1 to Agreement and Plan of Merger made and entered
into as of July 31, 2013 among the Parties sets forth terms governing the valuation of such additional Merger Shares and related matters pertaining to such additional Merger Shares.” 

3. Determination of the Number of Additional Shares to be Issued by Calavo. 
  

	 	a.	The additional Merger Shares having a value of $5,000,000 to be issued by Calavo pursuant to Section 2 of this Amendment and amended Section 2.12(c) of the Merger Agreement are referred to in this Amendment as
the “Additional Shares.” 

  

	 	b.	The Additional Shares (and the Price Protection Shares described below in Section 4) constitute “Merger Shares,” as defined in Section 1.1 of the Merger Agreement, for purposes of the Merger
Agreement. As provided in Section 2.16 of the Merger Agreement, within thirty days after the delivery of the Earn-Out Statement showing that the Stage 2 Maximum Earn-Out Trigger has been met or, if such Earn-Out Payment is subject to dispute,
within thirty days after the resolution of any such dispute, Calavo shall cause its transfer agent to issue a stock certificate in the name of the Trust, and to be delivered to the Trust, to evidence the Additional Shares. 

 

	 	c.	The total number of Additional Shares required to be issued by Calavo shall be determined by dividing $5,000,000 by the closing price of the Common Stock on the Nasdaq Stock Market on the last business day preceding the
date that Calavo sends stock issuance instructions for the Additional Shares to its transfer agent (such closing price being referred to in this Amendment as the “Valuation Price”). 

 

	 	d.	For example, assume that: (1) the Stage 2 Maximum Earn-Out Trigger for the 12 months ending August 31, 2013 is met; (2) the closing price of the Common Stock was $26 per share on Friday, August 30,
2013; (3) Calavo delivers an Earn-Out Statement on September 20, 2013 confirming that the Stage 2 Maximum Earn-Out Trigger has been met and sends stock issuance instructions to its transfer agent on September 24, 2013; and
(4) the closing price of the Common Stock was $25 per share on September 23, 2013. Calavo shall issue 200,000 shares to the Trust based on a $25 per share valuation. 

  
 2 

 4. Initial Price Protection for Sales of the Additional Shares. 

 

	 	a.	The Sellers shall have the following price protection for any Additional Shares that are sold by the Trust on the Nasdaq Stock Market during the thirty-day period starting on the later of the date that the Additional
Shares are issued to the Trust or the date that the Registration Statement is declared effective by the SEC (the “Initial Price Protection Period”). 

 

	 	b.	Calavo shall be obligated to issue additional shares of Common Stock (the “Price Protection Shares”) to the Trust only if the Trust sells any Additional Shares on the Nasdaq Stock Market during the
Initial Price Protection Period for a price that is less than the Valuation Price. The dollar value of the Price Protection Shares required to be issued by Calavo shall equal the difference between (1) the aggregate sales price of all
Additional Shares sold by the Trust on the Nasdaq Stock Market during the Initial Price Protection Period for sales prices that were less than the Valuation Price and (2) the aggregate sales price that the Trust would have received for such
Additional Shares if they had been sold for the Valuation Price. The amount calculated pursuant to the immediately preceding sentence is referred to in this Amendment as the “Shortfall.” 

 

	 	c.	Within twenty days after Calavo and the Trust have agreed upon the amount of the Shortfall, Calavo shall cause its transfer agent to issue a stock certificate in the name of the Trust, and to be delivered to the Trust,
to evidence the Price Protection Shares. The total number of Price Protection Shares required to be issued by Calavo shall be determined by dividing the Shortfall by the closing price of the Common Stock on the Nasdaq Stock Market on the last
business day preceding the date that Calavo sends stock issuance instructions for the Price Protection Shares to its transfer agent (such closing price being referred to in this Amendment as the “Initial Price Protection
Valuation”). Calavo shall not be required to issue Price Protection Shares more than once as a result of sales of Additional Shares by the Trust. 

  

	 	d.	For example, assume that: (1) 200,000 Additional Shares were issued by Calavo based upon a Valuation Price of $25 per share; and (2) during the 30-day Initial Price Protection Period, the Trust sells 50,000
Additional Shares on the Nasdaq Stock Market at an average price of $23 per share for a total Shortfall of $100,000 compared to the $25 Valuation Price. Calavo shall issue to the Trust $100,000 of Price Protection Shares valued at the closing price
of the Common Stock on the last business day preceding the date that Calavo gives stock issuance instructions to its transfer agent. 

  

	 	e.	Private sales of Additional Shares and other sales or transfers of Additional Shares that are not made on the Nasdaq Stock Market shall not receive the price protection described in this Amendment, and Calavo shall not
be obligated to provide any price protection for sales of Additional Shares that are made after the expiration of the Initial Price Protection Period. Furthermore, Calavo shall not be obligated to provide price protection for any other Merger Shares
that are issued to the Sellers, other than as described in Section 5 below with respect to sales of Price Protection Shares. 

  
 3 

 5. Subsequent Price Protection. If, during the thirty-day period immediately following its receipt of the
Price Protection Shares, the Trust sells any of the Price Protection Shares on the Nasdaq Stock Market for a sales price that is less than the Initial Price Protection Valuation, Calavo shall be obligated to deliver to the Trust a cash payment equal
to the difference between (a) the aggregate sales price of all Price Protection Shares sold by the Trust on the Nasdaq Stock Market during such thirty-day period for sales prices that were less than the Initial Price Protection Valuation and
(b) the aggregate sales price that the Trust would have received for such Price Protection Shares if they had been sold for the Initial Price Protection Valuation. Such cash payment shall be made by Calavo within twenty days after Calavo and
the Trust have agreed upon the amount of such shortfall. 
 6. Calavo’s Registration Statement Obligations. 

 

	 	a.	Calavo shall file the Registration Statement with the SEC as promptly as practicable and shall thereafter use its commercially reasonable efforts to have the Registration Statement declared effective by the SEC as
promptly as practicable. If, however, the SEC advises Calavo (or if Calavo otherwise determines) that the Registration Statement cannot be filed under applicable securities laws, rules and regulations until after the number of Additional Shares has
been determined pursuant to Section 3 above, then Calavo shall file the Registration Statement as promptly as practicable after the date that the number of Additional Shares has been determined. 

 

	 	b.	The Registration Statement shall register the Trust’s resale of the Additional Shares and shall name the Trust as the selling shareholder. 

 

	 	c.	If permitted by applicable securities laws, rules and regulations, the Registration Statement shall also register the Trust’s resale of the Price Protection Shares, provided that Calavo shall not be required to
include the Price Protection Shares in the Registration Statement if the SEC advises Calavo (or if Calavo otherwise determines) that the Price Protection Shares cannot be included in the Registration Statement because the number of Price Protection
Shares is unknown at the time of filing the Registration Statement. If the Price Protection Shares are not included in the Registration Statement, then the thirty-day price protection period that is described above in Section 5 shall begin on
the date that the Trust first becomes eligible to sell the Price Protection Shares pursuant to Rule 144 under the Securities Act of 1933 (the “Securities Act”) and shall end on the thirtieth day thereafter. 

 

	 	d.	The Registration Statement shall not register the resale or issuance of any Merger Shares or other securities except for the Additional Shares and, to the extent described above in Section 6.c, the Price Protection
Shares. 

  

	 	e.	Calavo shall instruct its transfer agent not to place the Securities Act restrictive legend described in Section 4.7 of the Merger Agreement on any stock certificates that evidence Additional Shares or Price
Protection Shares that the Trust has sold pursuant to the Registration Statement. 

  

	 	f.	 Calavo is entitled to withdraw and terminate the Registration Statement at any time on or after the date that the Trust has owned the Additional
Shares for at least six months and is eligible to sell the Additional Shares pursuant to Rule 144 under the Securities Act. However, if Price Protection Shares are registered on the Registration Statement, Calavo

  
 4 

 
shall not be entitled to withdraw and terminate the Registration Statement until any time on or after the date that the Trust has owned the Price Protection Shares for at least six months and is
eligible to sell the Price Protection Shares pursuant to Rule 144 under the Securities Act. Furthermore, in addition to its rights described in the preceding two sentences, Calavo is entitled to withdraw and terminate the Registration Statement at
any time after the date that the Trust has sold or otherwise transferred all of the Additional Shares and Price Protection Shares (if the Trust acquires, or has the right to acquire, any Price Protection Shares). 

7. Sellers’ Additional Registration Statement Obligations. The Trust and the other Sellers agree that: 

 

	 	a.	The Trust and the Sellers shall sell or otherwise transfer Additional Shares and Price Protection Shares only in compliance with applicable securities laws, rules and regulations. Only the Trust shall be entitled to
sell Additional Shares and Price Protection Shares pursuant to the Registration Statement. 

  

	 	b.	The Trust shall not offer or sell any Additional Shares or Price Protection Shares pursuant to the Registration Statement until Calavo has advised the Trust that the Registration Statement has been declared effective by
the SEC. The Trust shall not offer or sell any Additional Shares or Price Protection Shares pursuant to the Registration Statement during any period in which (1) Calavo has advised the Trust that the SEC has issued a stop order or similar order
prohibiting the use of the Registration Statement or (2) Calavo has advised the Trust that the Registration Statement must be amended in order to correct any untrue statement of a material fact in the Registration Statement or any omission to
state a material fact required to be stated in the Registration Statement, provided that Calavo agrees to amend the Registration Statement as promptly as practicable to correct such statement or omission. 

 

	 	c.	Calavo is entitled to file a Current Report on Form 8-K that summarizes this Amendment, and Calavo is entitled to file this Amendment with the SEC. 

 

	 	d.	The Trust shall use the prospectus that is contained in the Registration Statement (the “Prospectus”) solely for purposes of making open-market sales of Additional Shares and Price Protection Shares (if
Price Protection Shares are included in the Registration Statement) on the Nasdaq Stock Market, and Calavo shall not be required to name any underwriter, broker or dealer in the Registration Statement or to identify in the Registration Statement any
other method of selling or otherwise transferring the Additional Shares or the Price Protection Shares. 

  

	 	e.	If required by applicable securities laws, rules and regulations, the Trust shall deliver on a timely basis a copy of the Prospectus in connection with sales of Additional Shares or Price Protection Shares.

  

	 	f.	The Trust shall promptly provide Calavo with such information about itself as Calavo notifies the Trust is required to be disclosed in the Registration Statement and, at Calavo’s request, the Trust shall promptly
complete and deliver to Calavo a selling shareholder’s questionnaire in customary form. 

  
 5 

	 	g.	If Calavo determines that applicable securities laws, rules and regulations require the Registration Statement to include information about the beneficial ownership of the Trust (including, without limitation, about the
percentage interest of each Seller other than the Trust in the Additional Shares and the Price Protection Shares), the Trust and the other Sellers shall promptly provide such information to Calavo and, at Calavo’s request, all of the Sellers
shall promptly complete and deliver to Calavo selling shareholders’ questionnaires in customary form. Notwithstanding anything to the contrary in this Amendment, Calavo shall not be required to file the Registration Statement with the SEC until
it has received all required information from the Sellers described in this Section 7.g and in Section 7.f above. 

 8. Lock-Up
Period Restrictions; References to the Registration of the Merger Shares. 
  

	 	a.	The six-month contractual Lock-Up Period restriction that is described in the first sentence of Section 2.23 of the Merger Agreement shall not apply to any Additional Shares or Price Protection Shares that are
issued by Calavo pursuant to this Amendment, provided that the Trust and the other Sellers shall remain obligated to sell or otherwise transfer Additional Shares and Price Protection Shares in full compliance with applicable securities laws, rules
and regulations. 

  

	 	b.	The second sentence in the definition of the Merger Shares in Section 1.1 of the Merger Agreement states that “[n]either the issuance nor the resale of the Merger Shares shall be registered by Calavo under the
Securities Act or any state securities law or regulation.” The last sentence of Section 4.6 of the Merger Agreement states that Calavo does not intend to register the resale of any Merger Shares. Such two sentences shall not be deemed to
negate or otherwise limit Calavo’s registration obligations that are described above in Section 6. 

 9. Calavo’s
Reimbursement of Attorneys’ Fees and Brokerage Commissions. Calavo shall reimburse the Sellers for (a) their reasonable and customary brokerage commissions incurred in connection with the Trust’s sale of any and all Additional
Shares and Price Protection Shares (but not for brokerage commissions incurred in connection with the sale of any other Merger Shares) and (b) their reasonable attorneys’ fees, in an amount not to exceed $5,000, incurred in connection with
the review and negotiation of this Amendment. 
 10. No Other Amendment of the Merger Agreement. Other than as is specifically set forth in this
Amendment, no other provisions of the Merger Agreement shall be amended by this Amendment. In the event of any conflict between any provision of this Amendment and any provision of the Merger Agreement, the provision in this Amendment shall govern.

 [Signature page follows] 

  
 6 

 IN WITNESS WHEREOF, Calavo, RFG and the Sellers have executed and delivered this Amendment as of
the date first written above. 
  

			
	CALAVO GROWERS, INC.
		
	By:	 	/s/ Lecil E. Cole
		 	Lecil E. Cole, Chief Executive Officer
	
	RENAISSANCE FOOD GROUP, LLC
		
	By:	 	/s/ Lecil E. Cole
		 	Lecil E. Cole, Chief Executive Officer
	
	RFG NOMINEE TRUST
		
	By:	 	/s/ Kenneth J. Catchot
		 	Kenneth J. Catchot, Trustee
	
	LIBERTY FRESH FOODS, LLC
		
	By:	 	/s/ Kenneth J. Catchot
		 	Kenneth J. Catchot, Managing Member
	
	/s/ Kenneth J. Catchot
	KENNETH J. CATCHOT
	
	/s/ James S. Catchot
	JAMES S. CATCHOT
	
	/s/ James Gibson
	JAMES GIBSON
	
	CUT FRUIT, LLC
		
	By:	 	/s/ Ernest Spada Jr.
		 	By:
		 	Its:
	
	/s/ Jose O. Castillo
	JOSE O. CASTILLO
	
	/s/ Donald L. Johnson
	DONALD L. JOHNSON

  
 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}]]