Document:

Exhibit 4.1

      

    

     

    

    VERISIGN, INC.

    (as Obligor)

    

    

    and

    

    

    U.S. BANK NATIONAL ASSOCIATION

    (as Trustee)

    

    

    Indenture

    

    

    Dated as of           , 2021

    

    

    DEBT SECURITIES

    
      
        

    

    

    

    TABLE OF CONTENTS

    

    

      	
              

              

            	
              Page

            

    

    ARTICLE I

    DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

    

    

    	
            SECTION 1.01. Definitions

          	
            1

          
	
            SECTION 1.02. Officer’s Certificates and Opinions

          	
            7

          
	
            SECTION 1.03. Form of Documents Delivered to Trustee

          	
            7

          
	
            SECTION 1.04. Acts of Holders

          	
            8

          
	
            SECTION 1.05. Notices, Etc., to Trustee and Obligor

          	
            9

          
	
            SECTION 1.06. Notice to Holders; Waiver

          	
            10

          
	
            SECTION 1.07. Conflict with Trust Indenture Act

          	
            11

          
	
            SECTION 1.08. Effect of Headings and Table of Contents

          	
            11

          
	
            SECTION 1.09. Successors and Assigns

          	
            11

          
	
            SECTION 1.10. Separability Clause

          	
            11

          
	
            SECTION 1.11. Benefits of Indenture

          	
            11

          
	
            SECTION 1.12. Governing Law

          	
            11

          
	
            SECTION 1.13. Counterparts

          	
            11

          
	
            SECTION 1.14. Legal Holidays

          	
            11

          
	
            SECTION 1.15. No Recourse Against Others

          	
            11

          

    

    

    ARTICLE II

    THE NOTES

    

    

    	
            SECTION 2.01. Form and Dating

          	
            12

          
	
            SECTION 2.02. Execution and Authentication

          	
            15

          
	
            SECTION 2.03. Temporary Notes

          	
            16

          
	
            SECTION 2.04. Registration, Transfer and Exchange

          	
            16

          
	
            SECTION 2.05. Mutilated, Destroyed, Lost and Stolen Notes

          	
            19

          
	
            SECTION 2.06. Payment of Interest; Interest Rights Preserved

          	
            19

          
	
            SECTION 2.07. Persons Deemed Owners

          	
            21

          
	
            SECTION 2.08. Cancellation

          	
            21

          
	
            SECTION 2.09. Computation of Interest

          	
            21

          
	
            SECTION 2.10. CUSIP Numbers

          	
            21

          

    

    

    ARTICLE III

    DISCHARGE OF INDENTURE

    

    

    	
            SECTION 3.01. Discharge of Indenture

          	
            22

          
	
            SECTION 3.02. Defeasance and Discharge of Covenants upon Deposit of Moneys, U.S. Government Obligations

          	
            23

          

    

    

    	
            SECTION 3.03. Application of Trust Money

          	
            24

          
	
            SECTION 3.04. Paying Agent to Repay Moneys Held

          	
            24

          
	
            SECTION 3.05. Return of Unclaimed Amounts

          	
            25

          
	
            SECTION 3.06. Reinstatement

          	
            25

          

    

    

    
      
        

    

    

    

    TABLE OF CONTENTS

    (continued)

    
      	
              

              

            	
              Page

            

    

    ARTICLE IV

    REMEDIES

    

    

    	
            SECTION 4.01. Events of Default

          	
            25

          
	
            SECTION 4.02. Acceleration of Maturity; Rescission and Annulment

          	
            27

          
	
            SECTION 4.03. Collection of Indebtedness and Suits for Enforcement

          	
            28

          
	
            SECTION 4.04. Trustee May File Proofs of Claim

          	
            28

          
	
            SECTION 4.05. Trustee May Enforce Claims Without Possession of Notes

          	
            29

          
	
            SECTION 4.06. Application of Money Collected

          	
            29

          
	
            SECTION 4.07. Limitation on Suits

          	
            29

          
	
            SECTION 4.08. Unconditional Right of Holders to Receive Payment of Principal, Premium and Interest

          	
            30

          
	
            SECTION 4.09. Restoration of Rights and Remedies

          	
            30

          
	
            SECTION 4.10. Rights and Remedies Cumulative

          	
            30

          
	
            SECTION 4.11. Delay or Omission Not Waiver

          	
            30

          
	
            SECTION 4.12. Control by Holders

          	
            31

          
	
            SECTION 4.13. Waiver of Past Defaults

          	
            31

          
	
            SECTION 4.14. Undertaking for Costs

          	
            31

          
	
            SECTION 4.15. Waiver of Stay or Extension Laws

          	
            32

          

    

    

    ARTICLE V

    THE TRUSTEE

    

    

    	
            SECTION 5.01. Certain Duties and Responsibilities of Trustee

          	
            32

          
	
            SECTION 5.02. Notice of Defaults

          	
            33

          
	
            SECTION 5.03. Certain Rights of Trustee

          	
            33

          
	
            SECTION 5.04. Not Responsible for Recitals or Issuance of Notes

          	
            35

          
	
            SECTION 5.05. May Hold Notes

          	
            35

          
	
            SECTION 5.06. Money Held in Trust

          	
            35

          
	
            SECTION 5.07. Compensation and Reimbursement

          	
            36

          
	
            SECTION 5.08. Disqualification; Conflicting Interests

          	
            36

          
	
            SECTION 5.09. Corporate Trustee Required; Eligibility

          	
            36

          
	
            SECTION 5.10. Resignation and Removal; Appointment of Successor

          	
            37

          
	
            SECTION 5.11. Acceptance of Appointment by Successor

          	
            38

          
	
            SECTION 5.12. Merger, Conversion, Consolidation or Succession to Business

          	
            39

          
	
            SECTION 5.13. Preferential Collection of Claims Against Obligor

          	
            39

          
	
            SECTION 5.14. Appointment of Authenticating Agent

          	
            40

            

          

    

    

    ARTICLE VI

    HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND OBLIGOR

    

    

    	
            SECTION 6.01. Obligor to Furnish Trustee Names and Addresses of Holders

          	
            41

          
	
            SECTION 6.02. Preservation of Information; Communications to Holders

          	
            41

          
	
            SECTION 6.03. Reports by Trustee

          	
            42

          
	
            SECTION 6.04. Reports by Obligor

          	
            42

          
	
            SECTION 6.05. Compliance Certificate

          	
            42

          

    

    

    
      
        

    

    

    

    

    

    TABLE OF CONTENTS

    (continued)

    
      	
              

              

            	
              Page

            

    

    ARTICLE VII

    CONSOLIDATION, MERGER OR TRANSFER

    

    

    	
            SECTION 7.01. When Obligor May Merge or Transfer Assets

          	
            43

          
	
            SECTION 7.02. Successor Entity Substituted

          	
            43

          

    

    

    ARTICLE VIII

    SUPPLEMENTAL INDENTURES

    

    

    	
            SECTION 8.01. Supplemental Indentures Without Consent of Holders

          	
            44

          
	
            SECTION 8.02. Supplemental Indentures with Consent of Holders

          	
            45

          
	
            SECTION 8.03. Execution of Supplemental Indentures

          	
            45

          
	
            SECTION 8.04. Effect of Supplemental Indentures

          	
            46

          
	
            SECTION 8.05. Conformity with Trust Indenture Act

          	
            46

          
	
            SECTION 8.06. Documents to Be Given to Trustee

          	
            46

          
	
            SECTION 8.07. Notation on Notes in Respect of Supplemental Indentures

          	
            46

          

    

    

    ARTICLE IX

    COVENANTS

    

    

    	
            SECTION 9.01. Payment of Principal, Premium and Interest

          	
            46

          
	
            SECTION 9.02. Maintenance of Office or Agency

          	
            46

          
	
            SECTION 9.03. Money for Note Payments to be Held in Trust

          	
            47

          
	
            SECTION 9.04. Certificate to Trustee

          	
            48

          
	
            SECTION 9.05. Existence

          	
            48

          

    

    

    ARTICLE X

    REDEMPTION OF NOTES

    

    

    	
            SECTION 10.01. Optional Redemption

          	
            48

          
	
            SECTION 10.02. Mandatory Redemption

          	
            48

          

    

    

    
      
        

    

    

    

    CROSS-REFERENCE TABLE

    

    

    Certain Sections of this Indenture relating to Sections 310 through 318, inclusive, of the Trust Indenture Act of 1939:

    

    

    	
            Trust Indenture Act Section:

          	 	
            Indenture Section:

          
	
            310(a)(1)

          	 	
            5.09

          
	
            (a)(2)

          	 	
            5.09

          
	
            (a)(3)

          	 	
            N.A.

          
	
            (a)(4)

          	 	
            N.A.

          
	
            (a)(5)

          	 	
            5.09

          
	
            (b)

          	 	
            5.08, 5.10

          
	
            311(a)

          	 	
            5.13

          
	
            (b)

          	 	
            5.13

          
	
            312(a)

          	 	
            6.01, 6.02

          
	
            (b)

          	 	
            6.02

          
	
            (c)

          	 	
            6.02

          
	
            313(a)

          	 	
            6.03

          
	
            (b)

          	 	
            6.03

          
	
            (c)

          	 	
            6.03

          
	
            (d)

          	 	
            6.03

          
	
            314(a)

          	 	
            6.04

          
	
            (a)(1)

          	 	
            6.04

          
	
            (a)(2)

          	 	
            6.04

          
	
            (a)(3)

          	 	
            6.04

          
	
            (a)(4)

          	 	
            1.02, 9.04

          
	
            (b)

          	 	
            N.A.

          
	
            (c)

          	 	
            6.04

          
	
            (c)(1)

          	 	
            1.02

          
	
            (c)(2)

          	 	
            1.02

          
	
            (c)(3)

          	 	
            N.A.

          
	
            (d)

          	 	
            N.A.

          
	
            (e)

          	 	
            1.02

          
	
            315(a)

          	 	
            5.01, 5.03

          
	
            (b)

          	 	
            5.02

          
	
            (c)

          	 	
            5.01

          
	
            (d)

          	 	
            5.01, 5.03

          
	
            (e)

          	 	
            4.14

          
	
            316(a)(1)(A)

          	 	
            4.12

          
	
            (a)(1)(B)

          	 	
            4.13

          
	
            (a)(2)

          	 	
            N.A.

          
	
            (b)

          	 	
            4.08

          
	
            (c)

          	 	
            1.04

          
	
            317(a)(1)

          	 	
            4.03

          
	
            (a)(2)

          	 	
            4.04

          
	
            (b)

          	 	
            9.03

          
	
            318(a)

          	 	
            1.07

          

     

    

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

    

    

    N.A. means Not Applicable.

    
      
        

    

    
    

    

    

    

    THIS INDENTURE, between VeriSign, Inc., a Delaware corporation (the “Obligor”), having its principal
      office at 12061 Bluemont Way, Reston, Virginia 20190, and U.S. Bank National Association, as trustee (the “Trustee”), is made and entered into as of this          day
      of        , 2021.

    

    

    RECITALS OF THE OBLIGOR

    

    

    WHEREAS, the Obligor has duly authorized the issuance from time to time of its debt securities in one or more series (the “Notes”)

      up to such principal amount or amounts as may from time to time be authorized in accordance with the terms of this Indenture and to provide, among other things, for the authentication, delivery and administration thereof, the Obligor has duly
      authorized the execution and delivery of this Indenture; and

    

    

    WHEREAS, all things necessary to make this Indenture a valid agreement of the Obligor, in accordance with its terms, have been done.

    

    

    NOW, THEREFORE:

    

    

    In consideration of the premises and the purchases of the Notes by the Holders (as hereinafter defined) thereof, the Obligor and the Trustee mutually
      covenant and agree for the equal and proportionate benefit of the respective Holders from time to time of the Notes or any series thereof as follows:

    

    

    ARTICLE I

    DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

    

    

    Section 1.01. Definitions.  For all purposes of this Indenture, and of any indenture supplemental
      hereto, 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 (as hereinafter defined), 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; and

    

    

    (4) all references in this instrument to designated “Articles,” “Sections” and other subdivisions are to the designated Articles, Sections and other subdivisions of this instrument as originally
      executed.  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.

    

    

    “Act,” when used with respect to any Holder, has the meaning specified in Section 1.04.

    

    

    
      1

      
        

    

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

    

    

    “Authenticating Agent” means any Person authorized by the Trustee to authenticate Notes under Section 5.14.

    

    

    “Authentication Order” has the meaning specified in Section 2.02(1).

    

    

    “Bankruptcy Code” means title 11, U.S. Code, as amended, or any similar state or federal law for the relief of debtors.

    

    

    “Board of Directors” means (i) the Board of Directors of the Obligor, (ii) any committee of such Board of Directors, (iii) any committee of officers of the Obligor or (iv) any officer of the Obligor, in the cases of clauses (ii)-(iv), authorized with respect to any matter to exercise the powers of the Board of
      Directors of the Obligor.

    

    

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

    

    

    “Business Day” means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which banking institutions in New York City are authorized or required by law,
      regulation or executive order to be closed.

    

    

    “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 on such date.

    

    

    “Company Order” means a written request or order, respectively, signed in the name of the Obligor by any Officer thereof and delivered to the Trustee.

    

    

    “Corporate Trust Office” means the office of the Trustee in the City of New York at which at any particular time its corporate trust business shall be principally administered, which office at
      the date hereof is located at U.S. Bank National Association, 100 Wall Street, Suite 1600, New York, NY 10005, except that with respect to the presentation of Notes for payment or registration of transfer or exchange and with respect to the location
      of the Security Register, such term shall mean the office or the agency of the Trustee in said city at which at any particular time its corporate agency business shall be conducted, which office at the date hereof is located at U.S. Bank National
      Association, Global Corporate Trust, 950 17th St. Denver, CO 80202.

    

    

    “Covenant Defeasance” has the meaning specified in Section 3.02.

    

    

    
      2

      
        

    

    “Custodian” means the Person appointed by the Obligor to act as custodian for the Depositary, which Person shall be the Trustee unless and until a
      successor Person is appointed by the Obligor.

    

    

    “Defaulted Interest” has the meaning specified in Section 2.06(2).

    

    

    “Definitive Note” means a certificated Note registered in the name of the Holder thereof and issued in accordance with this Indenture.

    

    

    “Depositary” means with respect to the Notes of any series issuable or issued in whole or in part in global form, the Person designated as Depositary
      for such series by the Obligor pursuant to Section 2.01 or 2.04, unless and until a successor Depositary for such series shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Depositary” with
      respect to the Notes of a series shall mean or include each Person who is then a Depositary hereunder with respect to such series.

    

    

    “Discharged” has the meaning specified in Section 3.02.

    

    

    “DTC” has the meaning specified in Section 2.04(2).

    

    

    “Event of Default” has the meaning specified in Section 4.01.

    

    

    “Exchange Act” means the U.S. Securities Exchange Act of 1934 (or any successor Act), as amended, and the rules and regulations of the Commission promulgated thereunder.

    

    

    “GAAP” means generally accepted accounting principles in the United States of America in effect from time to time.

    

    

    “Global Note” means each Note in global form issued in accordance with this Indenture and bearing the Global Note
      Legend.

    

    

    “Global Note Legend” means the legend set forth in Section 2.01(2)(i), which is required to be placed on all Global Notes issued pursuant
      to this Indenture.

    

    

    “Holder” and “Holder of Notes” means a Person in whose name a Note is registered in the Security Register.

    

    

    “Indebtedness” means, with respect to any Person, obligations of such Person for borrowed money (including, without limitation, indebtedness for
      borrowed money evidenced by notes, bonds, debentures, guarantees or similar instruments).

    

    

    “Indenture” or “this Indenture” means this Indenture, as amended or supplemented from time to time.

    

    

    “Interest Payment Date,” when used with respect to any Note, means the date specified in such Note on which an installment of interest on such Note is scheduled to be paid.

    

    

    
      3

      
        

    

    “Issue Date” of any Note (or portion thereof) means the earlier of (a) the date of such Note or (b) the date of
      any Note (or portion thereof) for which such Note was issued (directly or indirectly) on registration of transfer, exchange or substitution.

    

    

    “Legal Defeasance” has the meaning specified in Section 3.02.

    

    

    “Maturity,” when used with respect to any Note, means the date on which all or a portion of the principal amount Outstanding

      under such Note becomes due and payable, whether on the Maturity Date or by declaration of acceleration, call for redemption, or otherwise.

    

    

    “Maturity Date,” when used with respect to any Note or any installment of principal thereof, means the date specified in such Note as the fixed date on which the principal of such Note or such
      installment of principal becomes due and payable.

    

    

    “Notes” has the meaning specified in the Recitals of the Obligor on the first page of this Indenture, including any replacement Notes issued therefor in accordance with this Indenture.

    

    

    “Obligor” means VeriSign, Inc., a Delaware corporation, unless and until a successor entity or assign shall have assumed the obligations of the Obligor under this Indenture and the Notes and
      thereafter “Obligor” shall mean such successor entity or assign.

    

    

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

    

    

    “Officer’s Certificate” means, with respect to any Person, a certificate signed on behalf of such Person by any Officer of such Person that meets the applicable requirements of this Indenture.

    

    

    “Opinion of Counsel” means a written opinion from legal counsel who is acceptable to the Trustee. The counsel, if so acceptable, may be of counsel
      to the Obligor.

    

    

    “Outstanding,” when used with respect to the Notes or any series of Notes, means, as of the date of
      determination, all Notes or all Notes of such series, as the case may be, theretofore authenticated and delivered under this Indenture, except:

    

    

    (a) such Notes or such Notes of such series, as the case may be, theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

    

    

    (b) such Notes or such Notes of such series, as the case may be, or portions thereof, for whose payment or redemption money in the necessary amount has been theretofore deposited in trust with the
      Trustee or with any Paying Agent other than the Obligor, or, if the Obligor shall act as its own Paying Agent, has been set aside and segregated in trust by the Obligor; provided, in any case, that if such Notes or such Notes of such series,
      as the case may be, are to be redeemed prior to their Maturity Date, notice of such redemption has been duly given pursuant to any redemption provision adopted under Section 2.01 of this Indenture or provision therefor satisfactory to the
      Trustee has been made;

    

    

    
      4

      
        

    

    (c) such Notes or such Notes of such series, as the case may be, in exchange for or in lieu of which other Notes or other Notes of such series, as the case may be, have been authenticated and
      delivered pursuant to this Indenture, or which shall have been paid, in each case, pursuant to the terms of Section 2.05 (except with respect to any such Note or any such Note of such series, as the case may be, as to which proof is presented
      that such Note or such Note of such series, as the case may be, is held by a Person in whose hands such Notes or such Notes of such series, as the case may be, is a legal, valid, and binding obligation of the
      Obligor); and

    

    

    (d) solely to the extent provided in Article III, Notes or Notes of such series, as the case may be, which are subject to Legal Defeasance or Covenant Defeasance as provided in Section
        3.02;

    

    

    provided, however, that in determining whether the Holders of the requisite principal amount of such Notes or Notes of
      such series, as the case may be, Outstanding have given a direction concerning the time, method and place of conducting any proceeding for any remedy available to the Trustee, or concerning the exercise of any trust or power conferred upon the
      Trustee under this Indenture, or concerning a consent on behalf of the Holders of the Notes or the Holders of the Notes of such series, as the case may be, to the waiver of any past default and its consequences, Notes or the Notes of such series, as
      the case may be, owned by the Obligor, any other obligor upon the Notes or Notes of such series, as the case may be, or any Affiliate of the Obligor or such other obligor
      shall be disregarded and deemed not to be Outstanding.  In determining whether the Trustee shall be protected in relying upon any request, demand, authorization, direction, notice, consent, or waiver hereunder, only Notes or Notes of such series, as
      the case may be, which a Responsible Officer assigned to the corporate trust department of the Trustee knows to be owned by the Obligor or any other obligor upon the Notes or the Notes of such series, as the
      case may be, or any Affiliate of the Obligor or such other obligor shall be so disregarded.

    

    

    “Paying Agent” means any Person appointed by the Obligor to distribute amounts payable by the Obligor on the Notes.  The Obligor may act as its own Paying Agent.  As of the date of this
      Indenture, the Obligor has appointed the Trustee as Paying Agent with respect to all Notes issuable hereunder.

    

    

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

    

    

    “Predecessor Notes” of any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note;
      and, for the purposes of this definition, any Note authenticated and delivered under Section 2.05 in lieu of a lost, destroyed, mutilated, or stolen Note shall be deemed to evidence the same debt as the lost, destroyed, mutilated, or stolen
      Note.

    

    

    “Record Date” means any date as of which the Holder of a Note of any series will be determined for any purpose described herein, such determination to be made as of the close of business on
      such date (whether or not a Business Day) by reference to the Security Register, and in relation to a determination of a payment of an installment of interest on the Notes of any series, shall have the meaning specified in such series of Notes.

    

    

    
      5

      
        

    

    “Redemption Date” when used with respect to any Notes to be redeemed, means the date fixed for such redemption in any notice of redemption issued pursuant to any redemption provision adopted
      under Section 2.01 of this Indenture.

    

    

    “Redemption Price” when used with respect to any Notes to be redeemed, means the price specified in any optional redemption provision pursuant to Section 2.01(1)(v)(f).

    

    

    “Registrar” means the Person who maintains the Security Register, which Person shall be the Trustee unless and until a successor Registrar is appointed by the Obligor.

    

    

    “Responsible Officer” when used with respect to the Trustee, means any officer of the Trustee having direct responsibility for the administration of
      this Indenture and also means, with respect to a particular corporate trust matter relating to this Indenture, any other officer to whom such matter is referred because of his or her knowledge of and
      familiarity with the particular subject.

    

    

    “Securities Act” means the Securities Act of 1933 (or any successor Act), as amended, and the rules and regulations of the Commission promulgated
      thereunder.

    

    

    “Security Register” has the meaning specified in Section 2.04(1).

    

    

    “Special Record Date” for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 2.06.

    

    

    “Subsidiary” means, with respect to any Person (the “parent”) at any date,
      any corporation, limited liability company, partnership, association or other entity of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a
      partnership, more than 50% of the general partnership interests are, as of that date, owned, controlled or held by the parent or one or more Subsidiaries of the parent or by the parent and one or more Subsidiaries of the parent.

    

    

    “Trust Indenture Act” or “TIA” means the Trust Indenture Act of 1939, as amended, as in force as of the date hereof; provided that, with respect to every supplemental indenture executed pursuant to this Indenture, “Trust Indenture Act” or “TIA” shall mean the Trust Indenture Act of 1939, as then in effect.

    

    

    “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
      Notes of any series shall mean the Trustee with respect to the Notes of that series.

    

    

    
      6

      
        

    

    “U.S. Government Obligations” means (a) securities that are direct obligations of the United States of America, the payment of which is unconditionally guaranteed by the full faith and credit
      of the United States of America and (b) securities that are obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America, the payment of which is unconditionally guaranteed by the full
      faith and credit of the United States of America, and also includes depository receipts issued by a bank or trust company as custodian with respect to any of the securities described in the preceding clauses
      (a) and (b), and any payment of interest or principal payable under any of the securities described in the preceding clauses (a) and (b) that is held by such custodian for the account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt, or from any amount received by the custodian in respect of such securities, or from any specific payment of interest or principal
      payable under the securities evidenced by such depository receipt.

    

    

    Section 1.02. Officer’s Certificates and
        Opinions.  Every Officer’s Certificate, Opinion of Counsel and other certificate or opinion to be delivered to the Trustee under this Indenture with respect to any action to be taken by the Trustee shall include the following:

    

    

    (1) a statement that each individual signing such certificate or opinion has read all covenants and conditions of this Indenture relating to such proposed action,
      including the definitions of all applicable capitalized terms;

    

    

    (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 or she has made such examination or investigation as is necessary to enable him or her to express an
      informed opinion as to whether or not 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 1.03. Form of Documents Delivered to Trustee.

    

    

    (1) 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
      the other matters, and any such Person may certify or give an opinion as to such matters in one or several documents.

    

    

    (2) Any certificate or opinion of an Officer of the Obligor may be based, insofar as it relates to legal matters, upon a
      certificate or opinion of, or representations by, legal counsel, unless such Officer knows that any such certificate, opinion, or representation is erroneous.  Any Opinion

      of Counsel for the Obligor 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
      Obligor, unless such counsel knows that any such certificate, opinion, or representation is erroneous.

    

    

    
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    (3) 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, such instruments may, but need not, be consolidated and form a single instrument.

    

    

    Section 1.04. Acts
        of Holders.

    

    

    (1) Any request, demand, authorization, direction, notice, consent, waiver, or other action provided by this Indenture to be given or taken by Holders may be embodied
      in and evidenced by one or more instruments (including instruments in electronic, digital or other machine-readable form) of substantially similar tenor signed by such Holders (whether in person or through
      signatures in electronic, digital or other machine-readable form) or by an agent duly appointed in writing (including writings in electronic, digital or other machine-readable form); and, except as herein otherwise expressly provided, such action
      shall become effective when such instrument or instruments are delivered to the Trustee and (if expressly required by the applicable terms of this Indenture) to the Obligor.  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.  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 5.01 and Section 315 of the TIA) conclusive in favor of the Trustee and the Obligor, if made in the manner provided in this Section 1.04.

    

    

    (2) The fact and date of the execution by any Person of any such instrument or writing referred to in this Section 1.04 may be proved in any reasonable manner
      which the Trustee deems sufficient and in accordance with such reasonable rules as the Trustee may determine; and the Trustee may in any instance require further proof with respect to any of the matters referred to in this Section 1.04.

    

    

    (3) The ownership of Notes shall for all purposes be determined by reference to the Security Register, as such register shall exist as of the applicable Record Date.

    

    

    (4) If the Obligor shall solicit from the Holders any request, demand, authorization, direction, notice, consent, waiver or other action, the Obligor may, at its
      option, by Board Resolution, fix in advance a Record Date for the determination of Holders entitled to give such request, demand, authorization, direction, notice, consent, waiver or other action, but the Obligor shall have no obligation to do so. 
      If such Record Date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other action may be given before or after such Record Date, but only the Holders of record at the close of business on such Record Date shall be
      deemed to be Holders for the purpose of determining whether Holders of the requisite proportion of Notes Outstanding have authorized or agreed or consented to such request, demand, authorization,
      direction, notice, consent, waiver or other action, and for that purpose the Notes Outstanding shall be computed as of such Record Date; provided that no such authorization, agreement or
      consent by the Holders on such Record Date shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not later than six months after such Record Date.

    

    

    
      8

      
        

    

    (5) Any request, demand, authorization, direction, notice, consent, waiver or other action by the Holder of any Note shall bind each subsequent Holder of such Note, and
      each Holder of any Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, with respect to anything done or suffered to be done by the Trustee or the Obligor in reliance upon such action, whether or not
      notation of such action is made upon such Note.

    

    

    Section 1.05. Notices, Etc., to Trustee and Obligor.  Any request, order, authorization,
      direction, consent, waiver or other action to be taken by the Trustee, the Obligor or the Holders hereunder (including any Authentication Order), and any notice to be given to the Trustee or the Obligor with respect to any action taken or to be taken
      by the Trustee, the Obligor or the Holders hereunder, shall be sufficient if made in writing and

    

    

    (1) if to be furnished or delivered to or filed with the Trustee by the Obligor or any Holder, delivered to the Trustee at its Corporate Trust Office, or at any other
      address hereafter furnished in writing by the Trustee to the Obligor, or

    

    

    (2) if to be furnished or delivered to the Obligor by the Trustee or any Holder, and except as otherwise provided herein, mailed to the Obligor, first-class postage
      prepaid, at the following address:  c/o VeriSign, Inc., 12061 Bluemont Way, Reston, Virginia 20190, Attention:  Treasurer, or at any other address hereafter furnished in writing by the Obligor to the Trustee.

    

    

    All notices and communications (other than those sent to Holders) will be deemed to have been duly given: (A) at the time delivered by hand, if personally delivered; (B) 5 business days after being
      deposited in the mail, postage prepaid, if mailed; (C) when receipt acknowledged, if transmitted by email or other similar means of unsecured electronic communication; and (D) the next Business Day after timely delivery to the courier, if sent by
      overnight air courier guaranteeing next day delivery.

    

    

    All notices or communications required to be made to a Holder pursuant to this Indenture must be made in writing and will be deemed to be duly sent or given in writing if mailed by first class mail,
      certified or registered, return receipt requested, or by overnight air courier guaranteeing next day delivery, to its address shown on the Register; provided, however, that a notice or communication to a Holder of a Global Note may,
      but need not, instead be sent pursuant to the applicable procedures of the Depositary.

    

    

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

    

    

    If a notice or communication is mailed or sent in the manner provided above within the time prescribed, it will be deemed to have been duly given, whether or not the addressee receives it.

    

    

    
      9

      
        

    

    The Trustee shall have the right to accept and act upon any notice, instruction, or other communication, 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. If the Company or other sending party elects to send the Trustee email and the Trustee in its discretion elects to act upon such instructions, the Trustee’s understanding of such instructions shall be deemed controlling.

    

    

    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 herein to the contrary, any notice to the Trustee shall be deemed given when actually received.

    

    

    Section 1.06. Notice to Holders; Waiver.  Where this Indenture or any Note provides for notice to Holders of any
      event, such notice shall be sufficiently given (unless otherwise expressly provided herein or in such Note) if in writing and mailed, first-class postage prepaid, to each Holder affected by such event, at his or her address as it appears in the
      Security Register as of the applicable Record Date, if any, not later than the latest date or earlier than the earliest date prescribed by this Indenture or such Note for the giving of such notice; provided that if the Holder to which any
      such notice or communication is to be mailed, delivered or otherwise transmitted is a Depositary or its nominee, such notice or communication may instead be given by such other means as may be required or permitted by the procedures of such
      Depositary.  In any case where notice to Holders is given by mail, neither the failure to mail such notice nor any defect in any notice so mailed to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. 
      Where this Indenture or any Note provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice.  Waivers
      of notice by Holders 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.  In case, by reason of the suspension of regular mail service as a result of a
      strike, work stoppage or otherwise, it shall be impractical to mail notice of any event to any Holder when such notice is required to be given pursuant to any provision of this Indenture or the applicable Note, then any method of notification as
      shall be satisfactory to the Trustee and the Obligor shall be deemed to be sufficient for the giving of such notice.

    

    

    
      10

      
        

    

    Section 1.07. Conflict with Trust Indenture Act.  If any provision hereof limits, qualifies or conflicts with the duties
      that would be imposed by any of Sections 310 to 318 of the TIA, inclusive, or conflicts with any provision (an “incorporated provision”) required by or deemed to be included herein by operation of such TIA Sections, such imposed duties or
      incorporated provision shall control.  If any provision hereof modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the provision hereof shall be deemed to apply to this Indenture as so modified or
      excluded, as the case may be.

    

    

    Section 1.08. Effect of Headings and Table of Contents.  The Article and Section headings herein and the Table of Contents
      hereof are for convenience only and shall not affect the construction of any provision of this Indenture.

    

    

    Section 1.09. Successors and Assigns.  All covenants and agreements in this Indenture by the Obligor shall bind its
      successors and assigns, whether so expressed or not.

    

    

    Section 1.10. Separability Clause.  In case any provision in this Indenture or in the Notes 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 1.11. Benefits of Indenture.  Nothing in this Indenture or in any Notes, express or implied, shall give to any
      Person, other than the parties hereto, their successors hereunder, the Authenticating Agent, the Registrar, any Paying Agent, and the Holders of Notes (or such of them as may be affected thereby), any benefit or any legal or equitable right, remedy
      or claim under this Indenture.

    

    

    Section 1.12. Governing Law.  This Indenture shall be governed by and construed in accordance with the laws of the State of
      New York.

    

    

    Section 1.13. Counterparts.  This instrument may be executed in any number of counterparts, each of which when so executed
      shall be deemed to be an original, but all of which shall together constitute but one and the same instrument.

    

    

    Section 1.14. Legal Holidays.  In any case where any Interest Payment Date or Redemption Date or Maturity Date shall not be
      a Business Day, then (notwithstanding any other provisions of this Indenture or of the Notes) payment of interest or principal (and premium, if any) need not be made on such date, but may be made on the next succeeding Business Day with the same
      force and effect as if made on the Interest Payment Date, the Redemption Date or Maturity Date, provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date or Maturity Date, as the case may
      be, to the next succeeding Business Day.

    

    

    Section 1.15. No Recourse Against Others.  A director, Officer, employee or stockholder, as such, of the Obligor shall not
      have any liability for any obligations of the Obligor under the Notes or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Holder by accepting any of the Notes waives and releases all
      such liability.

    

    

    
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    ARTICLE II

    THE NOTES

    

    

    Section 2.01. Form and Dating.

    

    

    (1) General.

    

    

    (i) The Notes of each series shall be substantially in such form (not inconsistent with this Indenture) as shall be established by or pursuant to a Board Resolution or
      in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture and may have
      imprinted or otherwise reproduced thereon such legend or legends, not inconsistent with the provisions of this Indenture, as may be required to comply with any law, stock exchange rule or DTC rule or usage or with any rules or regulations pursuant
      thereto, all as may, consistently herewith, be determined by the Officers executing such Notes, as evidenced by their execution of the Notes.  Any portion of the text of any Note may be set forth on the reverse thereof, with an appropriate reference
      thereto on the face of the Note.  Each Note shall be dated the date of its authentication.  The Obligor shall furnish any such legends to the Trustee in writing.

    

    

    (ii) The Definitive Notes, if any, shall be printed, lithographed or engraved or produced by any combination of those methods on steel engraved borders or may be
      produced in any other manner, all as determined by the Officers executing such Notes, as evidenced by their execution of such Notes.

    

    

    (iii) The terms and provisions contained in the Notes shall constitute, and are hereby expressly made, a part of this Indenture and the Obligor and the Trustee, by
      their execution and delivery of this Indenture expressly agree to such terms and provisions and to be bound thereby.  Nothing in the preceding sentence shall, however, limit the effect of the second paragraph of Section 2.02(1).  However, to
      the extent any provision of any Note conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling.  All Notes of any one series shall be substantially identical except as to denomination
      and except as may otherwise be provided in or pursuant to such resolution of the Board of Directors and set forth in an Officer’s Certificate, or established in any such indenture supplemental hereto.

    

    

    (iv) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of
      authentication substantially in the form provided for herein executed by the Trustee by manual signature of an authorized officer, and such certificate upon any Note shall be conclusive evidence, and the only
      evidence, that such Note has been duly authenticated and delivered hereunder.

    

    

    (v) The aggregate principal amount of Notes which may be authenticated and delivered under this Indenture is unlimited.  The Notes may be
      issued in one or more series.  There shall be established in or pursuant to a resolution of the Board of Directors and set forth in an Officer’s Certificate or established in one or more indentures
      supplemental hereto, prior to the issuance of Notes of any series:

    

    

    (a) the title of the Notes of the series (which shall distinguish the Notes of the series from all other Notes);

    

    

    
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    (b) any limit upon the aggregate principal amount of the Notes of the series that may be authenticated and delivered under this Indenture (except for Notes authenticated
      and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes of the series pursuant to Section 2.03, 2.04, 2.05, 8.07 or any optional redemption provision pursuant to Section
        2.01(1)(v)(f));

    

    

    (c) the date or dates on which the principal of the Notes of the series is payable;

    

    

    (d) the rate or rates at which the Notes of the series shall bear interest, if any, or the method by which such rate shall be determined, the date or dates from which such interest shall accrue, the
      Interest Payment Dates on which such interest shall be payable and the Record Dates, if any, for the determination of Holders to whom interest is payable;

    

    

    (e) the place or places where the principal of and any premium and interest on the Notes of the series shall be payable;

    

    

    (f) any optional redemption, sinking fund, or change of control put provisions;

    

    

    (g) if other than the principal amount thereof, the portion of the principal amount of Notes of the series which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to
      Section 4.02;

    

    

    (h) the Issue Date;

    

    

    (i) the issue price (expressed as a percentage of the aggregate principal amount of the Notes) at which the Notes will be issued;

    

    

    (j) if the Notes of the series are issuable in whole or in part in the form of Definitive Notes or as one or more Global Notes, and if so, the identity of the Depositary for such Global Notes if
      other than DTC;

    

    

    (k) any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture);

    

    

    (l) any additions to, deletions of or changes in the Events of Default with respect to the Notes of a particular series;

    

    

    (m) any additions to, deletions of or changes in the covenants of the Obligor that apply with respect to the Notes of a particular series; and

    

    

    (n) any other terms of the series (which may supplement, modify or delete any provision of this Indenture insofar as it applies to such series).

    

    

    Notwithstanding Section 2.01(1)(v)(b) and unless otherwise expressly provided with respect to a series of Notes, the aggregate principal amount of a series of Notes may be increased and additional Notes of such
      series may be issued up to the maximum aggregate principal amount authorized with respect to such series as increased; provided that, any such additional Notes shall have identical terms as the Outstanding

      Notes of such series, other than, at the Obligor’s option, with respect to the date of issuance, issue price, first Interest Payment Date, interest accrual date and amount of interest payable on the first Interest Payment Date applicable thereto; provided further,
      that any such additional Notes shall be treated as a single class with the Outstanding Notes of such series for all purposes under this Indenture.

    

    

    
      13

      
        

    

    (2) Global Notes.

    

    

    (i) If the Obligor shall establish pursuant to Section 2.01(1) above that the Notes of a series or a portion thereof are to be
      issued in the form of one or more Global Notes, then the Obligor shall execute and upon receipt of an Authentication Order, the Trustee shall authenticate and make available for delivery one or more Global Notes that (a) shall represent and shall be
      denominated in an amount equal to the aggregate principal amount of all of the Notes of such series issued in such form and not yet cancelled, (b) shall be registered, in the name of the Depositary designated for such Global Note pursuant to Section

        2.04, or in the name of a nominee of such Depositary, (c) shall be deposited with the Trustee, as Custodian for the Depositary, and (d) shall bear a legend substantially as follows (“Global
        Note Legend”):

    

    

    THIS IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE REFERRED TO HEREINAFTER.

    

    

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

    

    

    TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY
      SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF.

    

    

    (ii) Each Depositary designated pursuant to Section 2.01 or 2.04 for a Global Note must, at the time of its designation and at all times while it
      serves as Depositary, be a clearing agency registered under the Exchange Act and any other applicable statute or regulation, provided that the Depositary is required to be so registered in order to act as depositary.

    

    

    (iii) Any Global Note may be represented by more than one certificate.  The aggregate principal amount of each Global Note may from time to time be increased or
      decreased by adjustments made on the records of the Registrar, as provided in this Indenture.

    

    

    
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    (3) Trustee’s Certificate of Authentication.

    

    

    Subject to Section 5.14, the Trustee’s Certificate of Authentication shall be in substantially the following form:

    

    

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

    

    

    	 	
            U.S. BANK NATIONAL ASSOCIATION

          
	 	
            as Trustee

          
	 	 
	 	
            By:  

            

          	 
	 	

          	
            Authorized Officer

          

    

    

    Section 2.02. Execution and Authentication.

    

    

    (1) At any time and from time to time after the execution and delivery of this Indenture, the Obligor may deliver Notes of any series
      executed on behalf of the Obligor by any Officer to the Trustee for authentication, and the Trustee, upon receipt of a written order of the Obligor specifying the principal amount and registered Holder of each Note and whether such Note shall be a
      Definitive Note or a Global Note, and signed by an Officer (the “Authentication Order”) shall thereupon in accordance with the procedures acceptable to the Trustee set forth in the Authentication Order, and subject to the provisions hereof,
      authenticate and deliver such Notes to or upon the written order of the Obligor, without any further action by the Obligor except as set forth in this Section 2.02.  The signature of any Officer on the Notes may be manual or facsimile. 
      Typographical and other minor errors or defects in any such signature shall not affect the validity or enforceability of any Note that has been duly authenticated and delivered by the Trustee.  In authenticating such Notes and accepting the
      additional responsibilities under this Indenture in relation to such Notes, the Trustee shall receive, and (subject to Section 5.01) shall be fully protected in relying upon:

    

    

    (a) a copy of the Board Resolution relating to such series;

    

    

    (b) an Officer’s Certificate setting forth the form or forms and terms of the Notes of such series pursuant to Section 2.01(1)(v) or an executed supplemental indenture, if any, and the documentation required to be delivered pursuant to Section 8.06;

    

    

    (c) an Officer’s Certificate and prepared in accordance with Section 1.02; and

    

    

    (d) an Opinion of Counsel, prepared in accordance with Section 1.02.

    

    

    (2) Notes bearing the manual or facsimile signatures of individuals who were at any time on or after the date hereof the proper officers

      of the Obligor shall bind the Obligor, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices at the date of such Notes.

    

    

    (3) The Notes shall be in fully registered form, without coupons, in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof, unless
      otherwise specified in the Officer’s Certificate or supplemental indenture relating to a particular series of Notes.

    

    

    
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    Section 2.03. Temporary Notes.  Until certificates representing Notes of a series are ready for
      delivery, the Obligor may prepare and the Trustee, upon receipt of an Authentication Order, shall authenticate and deliver temporary Notes of such series.  Temporary Notes shall be substantially in the form of certificated Notes but may have
      variations that the Obligor considers appropriate for temporary Notes and as shall be reasonably acceptable to the Trustee.  Without unreasonable delay, the Obligor shall prepare and upon receipt of an Authentication Order, the Trustee shall
      authenticate Definitive Notes of a series in exchange for temporary Notes of such series.  Holders of temporary Notes shall be entitled to all of the benefits of this Indenture.

    

    

    Section 2.04. Registration, Transfer and Exchange.

    

    

    (1) Securities Register.  The Trustee shall keep a register of the Notes (the “Security Register”) which shall provide for
      the registration of such Notes, and for transfers of such Notes in accordance with information, if any, to be provided to the Trustee by the Obligor, subject to such reasonable regulations as the Trustee may prescribe.  Such register shall be in
      written form or in any other form capable of being converted into written form within a reasonable time.  At all reasonable times the information contained in such register or registers shall be available for inspection at the Corporate Trust Office
      of the Trustee or at such other office or agency to be maintained by the Obligor pursuant to Section 9.02.

    

    

    Upon due presentation for registration of transfer of any Note at the Corporate Trust Office of the Trustee or at any other office or agency maintained by the Obligor pursuant to Section 9.02,
      the Obligor shall execute, and upon receipt of an Authentication Order, the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Notes of authorized denominations, of a like aggregate
      principal amount, series and Maturity Date.

    

    

    (2) Transfer of Global Notes.  Any other provision of this Section 2.04 notwithstanding, unless and until it is exchanged
      in whole or in part for Definitive Notes, a Global Note representing all or a portion of the Notes of a series may not be transferred except as a whole by the Depositary to a nominee of such Depositary, or by a nominee of such Depositary to such
      Depositary or another nominee of such Depositary, or by such Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary.

    

    

    The Obligor initially appoints DTC to act as Depositary with respect to the Global Notes of each series.

    

    

    (3) Legends.

    

    

    Each Global Note shall bear the legend specified in clause (i) of Section 2.01(2) on the face thereof.

    

    

    
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    (4) Definitive Notes.

    

    

    (i) Notwithstanding any other provisions of this Indenture or the Notes, a Global Note may be exchanged for Notes of the same series registered in the names of any
      Person designated by the Depositary in the event that (a) the Depositary has notified the Obligor that it is unwilling or unable to continue as Depositary for such Global Note or such Depositary has ceased to be a “clearing agency” registered under
      the Exchange Act, at a time when the Depositary is required to be so registered in order to act as depositary, and the Obligor has not appointed a successor Depositary within 90 days of receiving such notice
      or of becoming aware of such cessation, (b) an Event of Default has occurred and is continuing with respect to the applicable Notes, or (c) the Obligor, in its sole discretion, determines that the applicable Notes issued in the form of Global Notes
      shall no longer be represented by such Global Notes as evidenced by a Company Order delivered to the Trustee.  Any Global Note exchanged pursuant to clause (a) or (c) above shall be so exchanged in whole and not in part and any Global Note exchanged
      pursuant to clause (b) above may be exchanged in whole or from time to time in part as directed by the Depositary.  Any Note issued in exchange for a Global Note of the same series or any portion thereof shall be a Global Note, provided that
      any such Note so issued that is registered in the name of a Person other than the Depositary or a nominee thereof shall not be a Global Note.

    

    

    (ii) If at any time the Depositary for the Notes of any series notifies the Obligor that it is unwilling or unable to continue as Depositary for such Notes or if the
      Depositary has ceased to be a “clearing agency” registered under the Exchange Act at a time when the Depositary is required to be so registered in order to act as depositary, the Obligor may within 90 days
      of receiving such notice or of becoming aware of such cessation appoint a successor Depositary with respect to such Notes.

    

    

    (iii) If, in accordance with this Section 2.04(4), Notes of any series in global form will no longer be represented by Global Notes, the Obligor will
      execute, and the Trustee, upon receipt of an Authentication Order, will authenticate and make available for delivery, Definitive Notes of such series in an aggregate principal amount equal to the principal amount of the Global Notes of such series,
      in exchange for such Global Notes.

    

    

    (iv) If a Definitive Note is issued in exchange for any portion of a Global Note after the close of business at the office or agency where such exchange occurs on
      any Record Date for the payment of interest and before the opening of business at such office or agency on the next succeeding Interest Payment Date, interest shall not be payable on such Interest Payment Date in respect of such Definitive Notes, but
      shall be payable on such Interest Payment Date only to the Person to whom interest in respect of such portion of such Global Note is payable in accordance with the provisions of this Indenture.

    

    

    (v) Definitive Notes issued in exchange for a Global Note pursuant to this Section 2.04(4) shall be registered in such names and in such authorized
      denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee.  Upon execution and authentication, the Trustee shall deliver such Definitive Notes to the Persons in whose
      names such Notes are so registered.  To permit registrations of transfers and exchanges, the Obligor shall execute and the Trustee (or an Authenticating Agent appointed pursuant to this Indenture) shall authenticate and make available for delivery
      Definitive Notes at the Registrar’s request, and upon direction of the Obligor.  No service charge shall be made for any registration of transfer or exchange, but the Obligor or the Trustee may require payment of a sum sufficient to cover any
      transfer tax or other governmental charge payable in connection with any registration of transfer or exchange.

    

    

    
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    (vi) When Definitive Notes are presented to the Trustee with a request to register the transfer of such Definitive Notes or to exchange such Definitive Notes for an
      equal principal amount of Definitive Notes of other authorized denominations of the same series, the Trustee shall register the transfer or make the exchange as requested if its requirements for such transaction are met; provided, however,
      that the Definitive Notes surrendered for transfer or exchange shall be duly endorsed or accompanied by a written instrument of transfer in form reasonably satisfactory to the Obligor and the Trustee, duly executed by the Holder thereof or his
      attorney duly authorized in writing.

    

    

    (vii) At such time as all interests in Global Notes of any series have either been exchanged for Definitive Notes of such series or cancelled, such Global Notes shall
      be cancelled by the Trustee in accordance with the standing procedures and instructions existing between the Depositary and the Custodian.  At any time prior to such cancellation, if any interest in a Global Note of any series is exchanged for
      Definitive Notes of such series or cancelled, the principal amount of such Global Note shall, in accordance with the standing procedures and instructions existing between the Depositary and the Custodian, be reduced and an endorsement shall be made
      on such Global Note, by the Trustee or the Custodian, at the direction of the Trustee, to reflect such reduction.

    

    

    (5) Notwithstanding anything in this Indenture to the contrary, (i) all Notes issued upon any registration of transfer or exchange of Notes shall be the valid
      obligations of the Obligor, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Notes surrendered upon such registration of transfer or exchange, (ii) all transfers and exchanges of the Notes may be made only in
      accordance with the procedures set forth in this Indenture, and (iii) the transfer and exchange of a beneficial interest in a Global Note may only be effected through the Depositary in accordance with the procedures promulgated by the Depositary.

    

    

    (6) The Obligor shall not be required to (i) issue, register the transfer of, or exchange any Note during a period beginning at the opening of business 10 days before
      the day of the mailing or providing of a notice of redemption of Notes under any optional redemption provision pursuant to Section 2.01(1)(v)(f) and ending at the close of business on the date of such mailing or (ii) register the transfer of
      or exchange any Note so selected for redemption in whole or in part, except, in the case of any Note to be redeemed in part, the portion thereof not to be redeemed.

    

    

    (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 Notes (including any transfers between or among the Depositary participants, members or beneficial owners in any Global Notes) 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. Neither the Obligor nor
      the Trustee nor any of their respective agents shall have any responsibility or liability for any act or omission of the Depositary. All notices and communications to be given to the Holders and all payments to be made to Holders in respect of the
      Notes shall be given or made only to, or upon the order of, the registered Holder(s) (which shall be the Depositary or its nominee in the case of a Global Note). The rights of beneficial owners in any Global Note shall be exercised only through the
      Depositary subject to the procedures of the Depositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depositary with respect to its members, participants and any beneficial owners.

    

    

    
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    Section 2.05. Mutilated, Destroyed, Lost and Stolen Notes.

    

    

    (1) If (i) any mutilated Note is surrendered to the Trustee, or the Obligor and the Trustee receive evidence to their satisfaction of the destruction, loss or theft
      of any Note and (ii) there is delivered to the Obligor and the Trustee such security and/or indemnity as may be required by them to save each of them harmless from any loss, liability or expense that they may suffer if such Note is replaced and
      subsequently presented or otherwise claimed for payment, then, in the absence of notice to the Obligor or the Trustee that such Note has been acquired by a protected purchaser (as such term is defined in the New York Uniform Commercial Code), the
      Obligor may in its discretion execute and, upon receipt of an Authentication Order, the Trustee shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Note, a new Note of like tenor, series,
      Maturity Date, and principal amount, bearing a number not contemporaneously Outstanding.

    

    

    (2) In case any such mutilated, destroyed, lost or stolen Note has become or is about to become due and payable, the Obligor in its discretion may, instead of issuing
      a new Note, pay such Note.

    

    

    (3) Upon the issuance of any new Note under this Section 2.05, the Obligor may require the payment by the Holder thereof 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.

    

    

    (4) Every new Note issued pursuant to this Section 2.05 in lieu of any mutilated, destroyed, lost or stolen Note shall constitute an original contractual
      obligation of the Obligor, whether or not the mutilated, destroyed, lost or stolen Note 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 Notes
      duly issued hereunder.

    

    

    (5) The provisions of this Section 2.05 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with
      respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes.

    

    

    Section 2.06. Payment of Interest; Interest Rights Preserved.

    

    

    (1) Interest on any Note which is payable and is punctually paid or duly provided for on any Interest Payment Date shall, if so provided in such Note, be paid to the
      Person in whose name that Note (or one or more Predecessor Notes) is registered at the close of business on the applicable Record Date, notwithstanding any transfer or exchange of such Note subsequent to such Record Date and prior to such Interest
      Payment Date (unless, if so provided in such Note, such Interest Payment Date is also the Maturity Date, in which case such interest shall be payable to the Person to whom principal is payable).

    

    

    
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    (2) Any interest on any Note 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 registered Holder on the applicable Record Date by virtue of his having been such Holder; and, except as hereinafter
      provided, such Defaulted Interest may be paid by the Obligor, at its election in each case, as provided in clause (i) or (ii) below:

    

    

    (i) The Obligor may elect to make payment of any Defaulted Interest to the Persons in whose names any such Notes (or their respective Predecessor Notes) 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 Obligor shall notify the Trustee in a Company Order of the amount of Defaulted Interest
      proposed to be paid on each such Note and the date of the proposed payment, and at the same time the Obligor 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 nor 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 Obligor of such Special Record Date and, in the name and at the expense of the Obligor, shall cause notice of the proposed payment of such Defaulted Interest
      and the Special Record Date therefor to be delivered to the Holder of each such Note at his address as it appears in the Security Register, 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 delivered as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such Notes (or their respective Predecessor Notes) are registered on such Special Record Date and
      shall no longer be payable pursuant to the following clause (ii).

    

    

    (ii) The Obligor may make payment of any Defaulted Interest in any other lawful manner if, after notice given by the
      Obligor to the Trustee of the proposed payment pursuant to this clause (ii), such manner of payment shall be deemed practicable by the Trustee.

    

    

    (3) If any installment of interest on any Note called for redemption pursuant to any optional redemption provision under Section 2.01(1)(v)(f) is due and
      payable on or prior to the Redemption Date and is not paid or duly provided for on or prior to the Redemption Date in accordance with the foregoing provisions of this Section 2.06, such interest shall be payable as part of the Redemption
      Price of such Notes.

    

    

    (4) Interest on Notes may be paid at the office or agency maintained by the Obligor in New York City pursuant to Section 9.02 or, at the Obligor’s option,
      through DTC, Clearstream Banking, société anonyme, or Euroclear System to the Person entitled thereto or by such other means as may be specified in the form of such Note.

    

    

    
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    (5) Subject to the foregoing provisions of this Section 2.06 and the provisions of Section 2.04, each Note delivered under this Indenture upon
      registration of transfer of or in exchange for or in lieu of any other Note shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Note.

    

    

    Section 2.07. Persons Deemed Owners.

    

    

    (1) Prior to due presentment of a Note for registration of transfer, the Obligor, the Trustee, and any agent of the Obligor or the Trustee may treat the Person in
      whose name any Note is registered on the Security Register as the owner of such Note for the purpose of receiving payment of principal, premium, if any, and (subject to Section 2.06) interest, and for all other purposes whatsoever, whether or
      not such Note is overdue and neither the Obligor, the Trustee, nor any agent of the Obligor or the Trustee shall be affected by notice to the contrary.

    

    

    (2) None of the Obligor, the Trustee, any Authenticating Agent, any Paying Agent, the Registrar or any Co-Registrar 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 Note or for maintaining, supervising or reviewing any records relating to such beneficial
      ownership interests and each of them may act or refrain from acting without liability on any information relating to such records provided by the Depositary.

    

    

    Section 2.08. Cancellation.  All Notes surrendered for payment, redemption, registration of
      transfer or exchange shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and, if not already cancelled, shall be promptly cancelled by it.  The Obligor may at any time deliver to the Trustee for cancellation any
      Notes previously authenticated and delivered hereunder which the Obligor may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Trustee.  Acquisition of such Notes by the Obligor shall not operate as
      a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.  No Note shall be authenticated in lieu of or in exchange
      for any Notes cancelled as provided in this Section 2.08, except as expressly permitted by this Indenture.  The Trustee shall dispose of all cancelled Notes in accordance with its customary procedures and, upon written request, deliver a
      certificate of such disposition to the Obligor.

    

    

    Section 2.09. Computation of Interest.  Interest on the Notes shall be calculated on the basis of a 360-day year of twelve
      30-day months, unless otherwise specified in the Officer’s Certificate or supplemental indenture relating to a particular series of Notes.

    

    

    Section 2.10. CUSIP Numbers.  The Obligor in issuing the Notes may use “CUSIP” and “ISIN” numbers (if then generally in
      use), and, if so, the Trustee shall use the CUSIP or ISIN numbers, as the case may be, 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 or
      accuracy of the CUSIP or ISIN number, as the case may be, either as printed on the Notes or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Notes.  The Obligor will
      promptly notify the Trustee in writing of any change in the CUSIP or ISIN number.

    

    

    
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    ARTICLE III

    DISCHARGE OF INDENTURE

    

    

    Section 3.01. Discharge of Indenture.  This Indenture will be discharged with respect to the Notes of a series and will cease to be of further effect as to all such Notes (except as to any surviving rights of transfer or exchange of such Notes expressly provided for
      herein), and the Trustee, on demand of and at the expense of the Obligor, shall execute proper instruments acknowledging the discharge of this Indenture with respect to the Notes of such series, when

    

    

    (1) either

    

    

    (i) all Notes of such series theretofore authenticated and delivered (except (i) mutilated, lost, stolen or destroyed Notes which have been replaced or paid, as
      provided in Section 2.05 and (ii) Notes of such series for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Obligor and thereafter repaid to the Obligor or discharged from such trust, as provided in Section 3.05) have been delivered by the Obligor to the Trustee cancelled or for cancellation; or

    

    

    (ii) all such Notes of such series not theretofore delivered to the Trustee cancelled or for cancellation:

    

    

    (a) have become due and payable, or

    

    

    (b) will, in accordance with their Maturity Date, become due and payable within one year, or

    

    

    (c) are to be called for redemption within one year under arrangements for the giving of notice of redemption by the Trustee in the name, and at the expense, and upon a Company Order of the Obligor,
      and, in any of the cases described in (a) or (b) above or in this clause (c), the Obligor has irrevocably deposited or caused to be deposited with the Trustee, as trust funds in trust for the benefit of the Holders of such Notes for that purpose,
      U.S. dollars or non-callable U.S. Government Obligations or a combination thereof in such amounts sufficient to pay and discharge the entire indebtedness on the Notes of such series not theretofore
      delivered to the Trustee for cancellation, for principal of and interest and premium, if any, on the Notes of such series to the date of such deposit (in the case of Notes of such series that have become due and payable), or to the Maturity Date or
      the Redemption Date, as the case may be;

    

    

    (2) the Obligor has paid or caused to be paid all other sums payable by it with respect to the Notes of such series under this Indenture;

    

    

    (3) in the event of a deposit and defeasance under Section 3.01(1)(ii), no Event of Default or event which with notice or lapse of time would become an Event
      of Default has occurred and is continuing with respect to the Notes of such series on the date of such deposit; and

    

    

    (4) the Obligor has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel each stating that all conditions precedent to the discharge of this
      Indenture with respect to the Notes of such series have been complied with.

    

    

    
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    Notwithstanding the discharge of this Indenture with respect to the Notes of such series, the obligations of the Obligor under Section 3.01(1) and the obligations of the Obligor to the
      Trustee under Section 5.07 and to any Authenticating Agent under Section 5.14 shall survive, and the obligations of the Trustee under Section 3.03 and 3.05 shall survive.

    

    

    Section 3.02. Defeasance and Discharge of Covenants upon Deposit of Moneys, U.S. Government Obligations.  At the Obligor’s option, either (a) the Obligor shall be deemed to have been Discharged (as defined below)
      from its obligations with respect to the Notes of any series (“Legal Defeasance”) and/or (b) the Obligor shall cease to be under any obligation to comply with any term, provision or condition set forth in Sections 4.01(3)  and 9.05
      (and any other Sections, covenants or Events of Default applicable to such Notes that are determined pursuant to Section 2.01 to be subject to this provision) with respect to the Notes of such series at any time after the applicable
      conditions set forth below have been satisfied (“Covenant Defeasance”):

    

    

    (1) The Obligor shall have deposited or caused to be deposited irrevocably with the Trustee, as trust funds, in trust, specifically
      pledged as security for, and dedicated solely to, the benefit of the Holders of the Notes of such series, an amount of money, in cash in U.S. dollars sufficient, or in non-callable U.S. Government Obligations, the principal of and interest on which,
      when due, will be sufficient, or a combination thereof, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge the
      entire indebtedness on the Notes of such series with respect to principal, premium, if any, and accrued and unpaid interest to the date of such deposit (in the case of Notes of any series that have become
      due and payable), or to the Maturity Date or Redemption Date, as the case may be;

    

    

    (2) No Event of Default, or event which with notice or lapse of time would become an Event of Default with respect to the Notes of such series, shall have occurred
      and be continuing on the date of such deposit or, with respect to an Event of Default described in Section 4.01(5), at any time in the period ending on the 91st day after the date of deposit;

    

    

    (3) The Obligor shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel each stating that all conditions precedent to the defeasance
      and discharge contemplated by this Section 3.02 have been complied with, and:

    

    

    (i) in the case of an Opinion of Counsel relating to a Legal Defeasance, stating that:

    

    

    (a) the Obligor has received from the Internal Revenue Service a ruling, or

    

    

    (b) since the date hereof there has been a change in the applicable Federal income tax law, to the effect, in either case, that and based thereon such Opinion of Counsel shall confirm that the Holders of the Notes will not recognize income, gain or loss for Federal income tax purposes as a result of such defeasance and will be subject to Federal income tax on the same amounts, in the same manner and at
      the same time as would have been the case if such defeasance has not occurred, which Opinion of Counsel must be based upon a ruling of the Internal Revenue Service to the same effect or a change in applicable Federal income tax law or related
      treasury regulations after the date of this Indenture;

    

    

    
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    (ii) in the case of an Opinion of Counsel relating to a Covenant Defeasance, stating that the deposit and defeasance contemplated by this Section 3.02 will
      not cause the Holders of the Notes of such series to recognize income, gain or loss for Federal income tax purposes as a result of the Obligor’s exercise of its option under this Section 3.02 and such Holders will be subject to Federal income
      tax on the same amounts and in the same manner and at the same times as would have been the case if such option had not been exercised.

    

    

    If in connection with the exercise by the Obligor of any option under this Section 3.02, any series of Notes is to be redeemed, either notice of such redemption shall have been duly given
      pursuant to any redemption provision adopted under Section 2.01 of this Indenture.

    

    

    If the Obligor exercises its option under Section 3.02(a), payment of the Notes may not be accelerated because of an Event of Default with respect thereto.  If the Obligor exercises its
      option under Section 3.02(b), payment of the Notes may not be accelerated because of an Event of Default specified in Section 4.01(3) and Section 4.01(7) and with respect to Section 7.01 and Section 9.05.

    

    

    Notwithstanding the exercise by the Obligor of its option under Section 3.02(b) with respect to Section 7.01, the obligation of any successor entity to assume the obligations to the
      Trustee under Section 5.07 shall not be discharged.

    

    

    “Discharged” means, as to any series of Notes, that the Obligor shall be deemed to have paid and discharged the entire indebtedness represented by,
      and obligations under, the Notes of such series and to have satisfied all the obligations under this Indenture relating to such series of Notes (and the Trustee, at the expense of the Obligor, shall execute proper instruments acknowledging the same),
      except (A) the rights of Holders of Notes of such series to receive, from the trust fund described in Section 3.01(1) above, payment of the principal of, premium, if any, and the interest, if any, on such series of Notes when such payments
      are due; (B) the Obligor’s obligations with respect to such Notes under Sections 2.04, 2.05, 3.02(1), 3.03, and 9.02 and its obligations under Section 5.07; and (C) the rights, powers, trusts, duties
      and immunities of the Trustee hereunder.

    

    

    Section 3.03. Application

        of Trust Money.  All money and U.S. Government Obligations deposited with the Trustee pursuant to Section 3.01 or Section 3.02 and all proceeds of such U.S. Government Obligations and the interest thereon shall be held in trust
      and applied by it, in accordance with the provisions of this Indenture, to the payment, either directly or through any Paying Agent (including the Obligor acting as its own Paying Agent), as the Trustee may determine, to the Persons entitled thereto,
      of the principal, premium, if any, and interest, for whose payment such money and U.S. Government Obligations have been deposited with the Trustee; but such money and U.S. Government Obligations need not be segregated from other funds except to the
      extent required by law.

    

    

    Section 3.04. Paying Agent to Repay Moneys Held.  Upon the discharge of this Indenture or a Legal Defeasance, in each case,
      with respect to the Notes of a series, all moneys then held by any Paying Agent under the provisions of this Indenture with respect to such Notes (other than the Trustee) shall, upon demand of the Obligor, be repaid to it or paid to the Trustee, and
      thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

    

    

    
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    Section 3.05. Return of Unclaimed Amounts.  Subject to applicable
      abandoned property laws, any amounts deposited with or paid to the Trustee or any Paying Agent for payment of the principal of, premium, if any, or interest on any series of Notes or then held by the Obligor, in trust for the payment of the principal
      of, premium, if any, or interest on any series of Notes and not applied but remaining unclaimed by the Holders of such series of Notes for two years after the date upon which the principal of, premium, if any, or interest on such series of Notes, as
      the case may be, shall have become due and payable, shall be repaid to the Obligor by the Trustee on demand of the Obligor and after receiving a Company Order from the Obligor or (if then held by the Obligor) shall be discharged from such trust; and the Holder of any Notes of such series shall thereafter, as an unsecured general creditor, look only to the Obligor for any payment which
      such Holder may be entitled to collect (until such time as such unclaimed amounts shall escheat, if at all, to any applicable jurisdiction) and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of
      the Obligor as trustee thereof, shall thereupon cease.

    

    

    Section 3.06. Reinstatement.  If the Trustee or any Paying Agent is unable to apply any money in accordance with Section

        3.03 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Obligor’s obligations under this Indenture and the
      Holders of Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 3.01 until such time as the Trustee or such Paying Agent is permitted to apply all such money in accordance with Section 3.03.

    

    

    ARTICLE IV

    REMEDIES

    

    

    Section 4.01. Events of Default.  “Event of Default,” wherever used herein, means with respect to
      Notes of any series, any 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 principal of or premium, if any, on the Notes of such series when due (whether at Maturity,

      upon optional redemption or otherwise);

    

    

    (2) default in the payment of any interest on any Note of such series, when it becomes due and payable, and continuance of such default
      for a period of 30 days;

    

    

    (3) default in the performance, or breach, of any covenant, warranty or agreement (other than a default or breach under Section 7.01)
      of the Obligor under this Indenture in respect of the Notes of such series, and continuance of such default or breach for a period of 60 days after a Notice of Default (as defined below) is given to the
      Obligor;

    

    

    (4) a default in the performance, or breach, of the Obligor’s obligations under Section 7.01;

    

    

    
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    (5) the entry of an order for relief against the Obligor under the Bankruptcy Code by a court having jurisdiction in the premises or a
      decree or order by a court having jurisdiction in the premises adjudging the Obligor as bankrupt or insolvent under any other applicable Federal or state law, or the entry of a decree or order approving as properly filed a petition seeking
      reorganization, arrangement, adjustment or composition of or in respect of the Obligor under the Bankruptcy Code or any other applicable Federal or state law, or appointing a receiver, liquidator, assignee, trustee,

      sequestrator (or other similar official) of the Obligor or of any substantial part of their respective properties, or ordering the winding up or liquidation of their respective affairs, and the continuance of any such decree or order unstayed and in
      effect for a period of 90 consecutive days;

    

    

    (6) the consent by the Obligor to the institution of bankruptcy or insolvency proceedings against any of them, or the filing by the Obligor of a petition or answer or
      consent seeking reorganization or relief under the Bankruptcy Code or any other applicable Federal or state law, or the consent by the Obligor to the filing of any such petition or to the appointment of a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Obligor or of any substantial part of their respective properties, or the making by the Obligor of an assignment for the benefit of creditors, or the
      admission by the Obligor in writing of the Obligor’s inability to pay debts generally as they become due, or the taking of corporate action by the Obligor in furtherance of any such action; and

    

    

    (7) (a) a failure to make any payment at Maturity, including any applicable grace period, on any
      Indebtedness of the Obligor (other than Indebtedness of the Obligor owing to any of its Subsidiaries) outstanding in an amount in excess of $100.0 million or its foreign currency equivalent at the time and
      continuance of this failure to pay or (b) a default on any Indebtedness of the Obligor (other than Indebtedness owing to any of its Subsidiaries), which default results in the acceleration of such
      Indebtedness in an amount in excess of $100.0 million or its foreign currency equivalent at the time without such Indebtedness having been discharged or the acceleration having been cured, waived, rescinded
      or annulled, in the case of clause (a) or (b) above; provided, however, that if any failure, default or acceleration referred to in clauses 7(a) or (b) ceases or is cured, waived, rescinded or annulled, then the Event of Default under the Indenture will be deemed cured.

    

    

    A default under clause (3) above is not an Event of Default until the Trustee or the Holders of not less than 25% in aggregate principal amount of the Notes of
      such series then Outstanding notify the Obligor of the default and the Obligor does not cure such default within the time specified after receipt of such notice.  Such notice must specify the default,
      demand that it be remedied and state that such notice is a “Notice of Default.”

    

    

    The Obligor shall deliver to the Trustee, within 30 days after the occurrence thereof, written notice in the form of an Officer’s Certificate of any event that with the giving of notice or the lapse
      of time or both would become an Event of Default, its status and what action the Obligor is taking or proposes to take with respect thereto.  Upon becoming aware of any default or Event of Default, the Obligor is required to deliver to the Trustee a
      statement specifying such default or Event of Default.

    

    

    
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    No Event of Default with respect to a single series of Notes issued hereunder (and under or pursuant to any Supplemental Indenture or Board Resolution) necessarily constitutes an Event of Default
      with respect to any other series of Notes.

    

    

    Section 4.02. Acceleration of Maturity; Rescission and Annulment.

    

    

    (1) If any Event of Default (other than an Event of Default specified in clause (5) or (6) of Section 4.01) with respect to the Notes of any series occurs
      and is continuing, then either the Trustee or the Holders of not less than 25% in aggregate principal amount of the Outstanding Notes of such series may declare the principal of all Outstanding Notes of such series, and the interest to the date of
      acceleration, if any, accrued thereon, to be immediately due and payable by notice in writing to the Obligor (and to the Trustee if given by Holders) specifying the Event of Default.  If an Event of Default described in clause (5) or (6) of Section

        4.01 occurs, then the principal amount of all the Notes then Outstanding and interest accrued thereon, if any, will become and be immediately due and payable without any declaration or other act on the part of the Trustee or the Holders of the Notes, to the fullest extent permitted by applicable law.

    

    

    (2) At any time after such a declaration of acceleration has been made with respect to the Notes of any series and before a judgment or decree for payment of the
      money due has been obtained by the Trustee as hereinafter in this Article IV provided, the Holders of a majority in aggregate principal amount of the Outstanding Notes of such series by written notice to the Obligor and the Trustee,
      may rescind and annul such declaration or waive past defaults and their consequences, except with respect to a default in respect of a covenant or provision of this Indenture which cannot be modified or amended without the consent of the Holder of
      each Outstanding Note affected thereby, if:

    

    

    (i) the Obligor has paid or deposited with the Trustee a sum sufficient to pay:

    

    

    (a) all overdue installments of interest, if any, on such series of Notes,

    

    

    (b) the principal of (and premium, if any, on) any such series of Notes which have become due otherwise than by such declaration of acceleration, and interest thereon at the rate prescribed therefor
      by the Notes of such series, to the extent that payment of such interest is lawful,

    

    

    (c) interest on overdue installments of interest at the rate prescribed therefor by the Notes of such series to the extent that payment of such interest is lawful, and

    

    

    (d) the reasonable compensation, expenses, disbursements and advances of the Trustee and its agents and counsel, and all other amounts due the Trustee under Section 5.07; and

    

    

    (ii) all Events of Default, other than the nonpayment of the principal, premium or interest of the Notes of such series which have become due solely by such
      acceleration, have been cured or waived as provided in Section 4.13.

    

    

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

    

    

    
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    Section 4.03. Collection of Indebtedness and Suits for Enforcement.

    

    

    (1) The Obligor covenants that if:

    

    

    (i) default is made in the payment of any installment of interest on any Note of any series when such interest becomes due and payable, or

    

    

    (ii) default is made in the payment of (or premium, if any, on) the principal of any Note of any series at the Maturity thereof, and

    

    

    (iii) any such default continues for any period of grace provided in relation to such default pursuant to Section 4.01, then, with respect to such series of
      Notes, the Obligor will, upon demand of the Trustee, pay to it, for the benefit of the Holders of the Notes of such series, the whole amount then due and payable on all Notes of such series for principal (and premium, if any) and interest, together
      with interest (to the extent that payment of such interest shall be legally enforceable) upon the overdue principal (and premium, if any) and upon overdue installments of interest at the rate of interest prescribed therefor by the Notes of such
      series; 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 and all
      other amounts due the Trustee under Section 5.07.

    

    

    (2) If the Obligor fails to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an
      express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, and may prosecute such proceeding to judgment or final decree, and may enforce the same against the Obligor or any other obligor upon such Notes and collect the money adjudged or decreed to be payable in the manner provided by law out of the property of the Obligor or any other obligor upon
      such Notes, wherever situated.

    

    

    (3) If an Event of Default occurs and is continuing with respect to any series of Notes, the Trustee may in its discretion proceed to protect and enforce its rights
      and the rights of the Holders of such series of Notes 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 4.04. Trustee May File Proofs of Claim.

    

    

    (1) In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition, or other judicial
      proceeding relative to the Obligor or any obligor upon the Notes or the property of the Obligor or of such other obligor or their creditors, the Trustee (irrespective of
      whether the principal of the Notes shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Obligor for the payment of overdue principal or interest)
      shall be entitled and empowered, by intervention in such proceedings or otherwise,

    

    

    (i) to file and prove a claim for the whole amount of principal, premium, if any, and interest owing and unpaid in respect of the Notes, and to file such other papers
      or documents as may be necessary and advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements, and advances of the Trustee, its agents and counsel, and all other amounts due
      the Trustee under Section 5.07) and of the Holders allowed in such judicial proceedings, and

    

    

    
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    (ii) to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same; and any 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 to it for the reasonable compensation, expenses, disbursements and advances of the Trustee and its agent and counsel, and any other amounts due the
      Trustee under Section 5.07.

    

    

    (2) Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of
      reorganization, arrangement, adjustment or composition affecting the Notes 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.

    

    

    Section 4.05. Trustee May Enforce Claims Without Possession of Notes.  All rights of action and claims under this Indenture
      or the Notes of any series may be prosecuted and enforced by the Trustee without the possession of any of the Notes of such series 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
      and its agents and counsel, be for the ratable benefit of the Holders of the Notes of such series.

    

    

    Section 4.06. Application of Money Collected.  Any money collected by the Trustee from the Obligor pursuant to this Article

        IV 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, premium, if any, or interest, if any, upon presentation of the Notes of any series and
      the notation thereon of the payment, if only partially paid, and upon surrender thereof, if fully paid:

    

    

    First:  To the payment of all amounts due the Trustee under Section 5.07.

    

    

    Second:  To the payment of the amounts then due and unpaid upon such series of Notes for principal, premium, if any, and interest, in respect of which or for the benefit of which such money has been
      collected, ratably, without preference or priority of any kind.

    

    

    Third:  To the Obligor.

    

    

    Section 4.07. Limitation on Suits.  No Holder of any Note of any series may institute any action under this Indenture,
      unless and until:

    

    

    (1) such Holder has given the Trustee written notice of a continuing Event of Default with respect to the Notes of such series;

    

    

    
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    (2) the Holders of at least 25% in aggregate principal amount of the Outstanding Notes of such series have made a 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 has or have offered the Trustee such reasonable indemnity against the costs, expenses and liabilities to be incurred in compliance with
      such request;

    

    

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

    

    

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

    

    

    it being understood and intended that no one or more Holders of Notes of any series 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 Holders of Notes of such series, or to obtain or to seek to obtain priority or preference over any other such Holders or to enforce any right under this Indenture, except in the manner herein provided and for the
      equal and proportionate benefit of all the Holders of all Notes of such series.

    

    

    Section 4.08. Unconditional Right of Holders to Receive Payment of Principal, Premium and Interest. 

      Notwithstanding any other provision in this Indenture, the Holder of any Note shall have the right, which is absolute and unconditional, to receive payment of the principal, premium, if any, and (subject to Section 2.06) interest on such Note
      on or after the Maturity Date (or, in the case of redemption, on or after the Redemption Date) and to institute suit for the enforcement of any such payment on or after such respective date, and such right shall not be impaired or affected without
      the consent of such Holder.

    

    

    Section 4.09. 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, then and in every such case the Obligor, the Trustee and the Holders shall, subject to any determination in such proceeding, 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 4.10. Rights and Remedies Cumulative.  Except as provided in Section 2.05(5), 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 or 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 4.11. Delay or Omission Not Waiver.  No delay or omission of the Trustee or of any Holder of any Note 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 IV or by law to the
      Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

    

    

    
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    Section 4.12. Control by Holders.  The Holders of not less than a majority in aggregate principal amount of the Outstanding
      Notes 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 of exercising any trust or power conferred on the Trustee with respect to the Notes of such series
      provided that:

    

    

    (1) the Trustee is offered reasonable indemnity against any loss, liability or expense;

    

    

    (2) the Trustee shall have the right to decline to follow any such direction if the Trustee, being advised by counsel, determines that the action so directed may not
      lawfully be taken or would conflict with this Indenture or if the Trustee in good faith shall, by a Responsible Officer, determine that the proceedings so directed would involve it in personal liability or be unjustly prejudicial to the Holders not
      taking part in such direction, and

    

    

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

    

    

    Section 4.13. Waiver of Past Defaults.  Subject to Section 4.02, the Holders of not
      less than a majority in aggregate principal amount of the Outstanding Notes of any series may, on behalf of the Holders of all Notes of such series, waive any past default hereunder with respect to the Notes of such series, except a default not
      theretofore cured:

    

    

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

    

    

    (2) in respect of a covenant or provision in this Indenture which, under Article VIII, cannot be modified without the consent of the Holder of each
      Outstanding Note of such series.

    

    

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

    

    

    Section 4.14. Undertaking for Costs.  All parties to this Indenture
      agree, and each Holder of any Note by his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee
      for any action taken or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees,
      against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section 4.14 shall not apply to any suit instituted by the Trustee, to
      any suit instituted by any Holder or group of Holders holding in the aggregate more than 10% in principal amount of the Outstanding Notes of any series to which the suit relates, or to any suit instituted by any Holder pursuant to Section 4.08.

    

    

    
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    Section 4.15. Waiver of Stay or Extension Laws.  The Obligor covenants (to the extent that it may lawfully do so) that it
      will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law (other than any bankruptcy law) wherever enacted, now or at any time hereafter in force, which may affect the
      covenants or the performance of this Indenture; and the Obligor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any
      power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

    

    

    ARTICLE V

    THE TRUSTEE

    

    

    Section 5.01. Certain Duties and Responsibilities of Trustee.

    

    

    (1) Except during the continuance of an Event of Default with respect to a series of Notes:

    

    

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

    

    

    (ii) in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed
      therein, upon 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 with respect to a series of Notes has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in
      it by this Indenture with respect to such series of Notes and any indenture supplemental hereto relating to such series of Notes, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her 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:

    

    

    (i) this Subsection shall not be construed to limit the effect of Section 5.01(1);

    

    

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

    

    

    
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    (iii) 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
      not less than a majority in aggregate principal amount of the Outstanding Notes of any series relating to the time, method, and place of conducting any proceeding for any remedy available to the Trustee with respect to such series of Notes, or
      exercising any trust or power conferred upon the Trustee, under this Indenture with respect to such series of Notes; and

    

    

    (iv) no provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial loss, expense or 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 indemnity against such risk or liability is not reasonably
      assured to it.

    

    

    (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 5.01.

    

    

    Section 5.02. Notice of Defaults.  Within 90 days after the occurrence of any default hereunder
      with respect to any series of Notes, the Trustee shall transmit by mail to all Holders of Notes of such series, as their names and addresses appear in the Security Register, notice of such default hereunder known to the Trustee, unless such default
      shall have been cured or waived; provided, however, that, except in the case of a default in the payment of the principal of or interest or premium, if any, on any Note of such series, the Trustee shall be protected in withholding
      such notice if and so long as the Board of Directors, the executive committee or a trust committee of directors, and/or Responsible Officers of the Trustee determine in good faith that the withholding
      of such notice is in the interests of the Holders of the Outstanding Notes of such series and; provided further, that, in the case of any default of the character specified in clause (3) of Section 4.01, no such notice to
      Holders of Notes of such series shall be given until at least 60 days after the occurrence thereof.  For the purpose of this Section 5.02, the term “default” means any event which is, or after notice or
      lapse of time or both would become, an Event of Default.

    

    

    Section 5.03. Certain Rights of Trustee.  Except as otherwise provided in Section 5.01:

    

    

    (1) the Trustee may 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 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 Obligor described herein shall be sufficiently evidenced by a Company Order and any resolution of the Board of Directors may be
      sufficiently evidenced by a Board Resolution;

    

    

    (3) before the Trustee acts or refrains from acting, it shall be entitled to receive an Officer’s Certificate and an Opinion of Counsel, and the Trustee shall not be
      liable for any action it takes or omits to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel, and each shall be full and complete authorization and protection in respect of any action or omission of action;

    

    

    
      33

      
        

    

    (4) the Trustee may consult with counsel of its selection, and the advice or opinion of counsel shall be full and complete
      authorization and protection from liability in respect to any action taken, omitted or suffered by it hereunder in good faith and in accordance with the advice or opinion of such counsel;

    

    

    (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 reasonable security or indemnity 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 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 Obligor, personally or by agent or attorney;

    

    

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

    

    

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

    

    

    (9) the Trustee shall not be responsible or liable for special, indirect or consequential loss or damage of any kind whatsoever, including, but not limited to, loss or profit irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action;

    

    

    (10) the Trustee shall not be liable for any action it takes or omits to take in good faith that it believes to be authorized or within its rights or powers; provided,
      however, that the Trustee’s conduct does not constitute willful misconduct or negligence;

    

    

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

    

    

    
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    (13) the Trustee may employ or retain accountants, appraisers or other experts or advisers as it may reasonably require for the purpose of determining and discharging its rights and duties hereunder
      and shall not be responsible for any misconduct on the part of any of them selected with due care;

    

    

    (14) delivery of any reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive or actual notice or
      knowledge of any information contained therein or determinable from information contained therein, including the Obligor’s compliance with any of its covenants hereunder (as to which the Trustee may conclusively rely on a certificate of an authorized
      Officer of the Obligor);

    

    

    (15) the Trustee shall not be required to give any note, bond, or surety in respect of the execution of the trusts and powers
      under this Indenture; and

    

    

    (16) the Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture arising out of or caused,
      directly or indirectly, by circumstances beyond its control, including, without limitation, acts of God; earthquakes; fire; flood; terrorism; wars and other military disturbances, sabotage; epidemics; riots;
      interruptions; loss or malfunction of utilities; computer (hardware or software) or communication services; accidents; labor disputes; acts of civil or military authorities and governmental action.

    

    

    The provisions of this Section shall survive the satisfaction and discharge or termination of this Indenture and the resignation or removal of the Trustee.

    

    

    Section 5.04. Not Responsible for Recitals or Issuance of Notes.  The Trustee shall not be responsible for and makes no
      representation as to the validity, priority or adequacy of this Indenture or the Notes, and it shall not be responsible for any statement of the Obligor in this Indenture or in any other document other than the certificate of authentication executed
      by the Trustee.  The Trustee shall not be accountable for the use or application by the Obligor of the Notes or the proceeds thereof.  The Trustee shall not be charged with notice or knowledge of any Event of Default under clause (6) of Section
        4.01 unless either (i) a Responsible Officer of the Trustee assigned to and working in its Corporate Trust Office shall have actual knowledge thereof or (ii) notice thereof shall have been given to the Trustee in accordance with Section
        1.05 from the Obligor or any Holder.

    

    

    Section 5.05. May Hold Notes.  The Trustee or any Paying Agent, Registrar, or other agent of the Obligor, in its individual
      or any other capacity, may become the owner or pledgee of Notes and, subject to Sections 5.08 and 5.12, may otherwise deal with the Obligor with the same rights it would have if it were not Trustee, Paying Agent, Registrar, or such
      other agent.

    

    

    Section 5.06. Money Held in Trust.  Money held by the Trustee in trust hereunder need not be segregated from other funds
      except to the extent required by law.  The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed with the Obligor.

    

    

    
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    Section 5.07. Compensation and Reimbursement.  The Obligor covenants and
      agrees:

    

    

    (1) to pay the Trustee from time to time, and the Trustee shall be entitled to, reasonable compensation for all services rendered by it hereunder (which compensation
      shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust);

    

    

    (2) to reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee, including costs of collection,
      in accordance with any provision of this Indenture (including the reasonable compensation and the reasonable expenses and disbursements of its agents and counsel), except any such expense, disbursement or advance as is attributable to its negligence
      or willful misconduct; and

    

    

    (3) to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on its part, arising out
      of or in connection with the acceptance or administration of this trust and/or the transactions contemplated under this Indenture, including the reasonable costs and expenses of defending itself against any claim or liability in connection with the
      exercise or performance of any of its powers or duties hereunder. The Trustee shall have no liability or responsibility for any action or inaction on the part of any Paying Agent, Registrar, Authenticating Agent, or any successor trustee. All
      indemnifications and releases from liability granted hereunder to the Trustee shall extend to its officers, directors, employees, agents, successors and assigns.

    

    

    The Trustee shall have a lien prior to the Notes upon all property and funds held by it hereunder for any amount owing it or any retiring Trustee pursuant to this Section 5.07, except with
      respect to funds held in trust for the benefit of the Holders of particular Notes.

    

    

    Without prejudice to any other 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 clause
      (5) or (6) of Section 4.01, such expenses (including the reasonable charges and expenses of its counsel) and compensation for such services are intended to constitute expenses of administration under any applicable Federal or State
      bankruptcy, insolvency, reorganization, or other similar law.

    

    

    The provisions of this Section shall survive the satisfaction and discharge or termination of this Indenture and the resignation or removal of the Trustee.

    

    

    Section 5.08. Disqualification; Conflicting Interests.  If the
      Trustee has or shall acquire any conflicting interest within the meaning of the Trust Indenture Act, it shall either eliminate such interest or resign as Trustee, to the extent and in the manner provided by, and subject to the provisions of, the
      Trust Indenture Act and this Indenture.

    

    

    Section 5.09. Corporate Trustee Required;
        Eligibility.  There shall at all times be a Trustee hereunder that shall be a corporation organized and doing business under the laws of the United States of America or of any State or Territory
      thereof or of the District of Columbia, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, and subject to supervision or examination by Federal or State authority.  If such
      corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 5.09, the combined capital and surplus of such
      corporation 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 shall cease to be eligible in accordance with the provisions of this Section 5.09,
      it shall resign immediately in the manner and with the effect hereinafter specified in this Article V.  No obligor upon any Notes issued under this Indenture or Person

      directly or indirectly controlling, controlled by or under common control with such obligor shall serve as Trustee under this Indenture.

    

    

    
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    Section 5.10. Resignation and Removal; Appointment of Successor.

    

    

    (1) No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article V shall become effective until the acceptance
      of appointment by the successor Trustee in accordance with the applicable requirements of Section 5.11.

    

    

    (2) The Trustee may resign at any time with respect to the Notes of one or more series by giving written notice thereof to the Obligor.  If the instrument of
      acceptance by a successor Trustee required by Section 5.11 shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the resigning Trustee may, at the reasonable expense of the Obligor,
      petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Notes of such series.

    

    

    (3) The Trustee may be removed at any time with respect to the Notes of any series by Act of the Holders of 66 2/3% in aggregate principal amount of the Outstanding
      Notes of such series, delivered to the Trustee and to the Obligor.

    

    

    (4) If at any time:

    

    

    (i) the Trustee shall fail to comply with Section 5.08 after written request therefor by the Obligor or by any Holder who has been a bona fide Holder of a
      Note for at least six months; or

    

    

    (ii) the Trustee shall cease to be eligible under Section 5.09 and shall fail to resign after written request therefor by the Obligor or by any such Holder;
      or

    

    

    (iii) 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 Obligor by a
      Board Resolution may remove the Trustee with respect to all Notes, or (B) subject to Section 4.14, any Holder who has been a bona fide Holder of a Note 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 Notes and the appointment of a successor Trustee or Trustees.

    

    

    
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    (5) 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
      Notes of one or more series, the Obligor, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Notes of that or those series (it being understood that any such successor Trustee may be appointed with
      respect to the Notes of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Notes of any particular series) and shall comply with the applicable requirements of Section 5.11.  If, within
      one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Notes of any series shall be appointed by Act of the Holders of 66 2/3% in aggregate principal amount of the
      Outstanding Notes of such series delivered to the Obligor 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 5.11,
      become the successor Trustee with respect to the Notes of such series and to that extent supersede the successor Trustee appointed by the Obligor.  If no successor Trustee with respect to the Notes of any series shall have been so appointed by the
      Obligor or the Holders and accepted appointment in the manner required by Section 5.11, any Holder who has been a bona fide Holder of a Note 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 Notes of such series.

    

    

    (6) The Obligor shall give notice of each resignation and each removal of the Trustee with respect to the Notes of any series and each appointment of a successor
      Trustee with respect to the Notes of any series to all Holders of Notes of such series in the manner provided in Section 1.06.  Each notice shall include the name of the successor Trustee with respect to the Notes of such series and the
      address of its Corporate Trust Office.

    

    

    Section 5.11. Acceptance of Appointment by Successor.  In case of the appointment hereunder of a successor Trustee with respect to all Notes, every such successor Trustee so appointed shall execute, acknowledge and
      deliver to the Obligor 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 Obligor or the successor Trustee, such retiring Trustee shall, upon
      payment of its reasonable charges and subject to its lien, if any, provided by Section 5.07, 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.

    

    

    
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    In case of the appointment hereunder of a successor Trustee with respect to the Notes of one or more (but not all) series, the Obligor, the retiring Trustee and each successor Trustee with respect to
      the Notes 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 Notes 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 Notes, 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 Notes 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 Notes of that or those series to
      which the appointment of such successor Trustee relates; but, on request of the Obligor 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 Notes of that or those series to which the appointment of such successor Trustee relates.

    

    

    Upon request of any such successor Trustee, the Obligor 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 V.

    

    

    Section 5.12. 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 of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder; provided that such corporation shall be otherwise qualified and eligible under this Article V, without the execution or
      filing of any paper or any further act on the part of any of the parties hereto.  In case any Notes shall have been authenticated, but not delivered, by the Trustee then in office, any successor Trustee by merger,
      conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Notes so authenticated with the same effect as if such successor Trustee had itself authenticated such Notes.

    

    

    Section 5.13. Preferential Collection of Claims Against Obligor.  If and when the Trustee shall be or shall become a
      creditor of the Obligor (or of any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Obligor (or against
      any such other obligor, as the case may be).

    

    

    
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    Section 5.14. Appointment of Authenticating Agent.

    

    

    (1) At any time when any of the Notes remain Outstanding the Trustee, with the approval of the Obligor, may appoint an Authenticating Agent or Agents with respect to one or more series of Notes which shall be authorized to act on behalf of the Trustee to authenticate Notes of such series issued upon exchange, registration of transfer or partial redemption
      thereof or pursuant to Section 2.05, and Notes 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 Notes by the Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and
      a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent.  Each Authenticating Agent shall be acceptable to the Obligor 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 an Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and, if other than the Obligor itself, 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 5.14, 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 5.14, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section 5.14.

    

    

    (2) 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 5.14, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent.

    

    

    (3) An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and, if other than the Obligor, to the Obligor.  The Trustee may
      at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and, if other than the Obligor, to the Obligor.  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 5.14, the Trustee, with the approval of the Obligor, may appoint a successor Authenticating Agent which shall be
      acceptable to the Obligor and shall mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of Notes of the series with respect to which such Authenticating Agent will serve, as their names and addresses appear in
      the Security Register.  Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an
      Authenticating Agent.  No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section 5.14.

    

    

    (4) The Obligor agrees to pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section 5.14.

    

    

    
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    (5) If an appointment is made pursuant to this Section 5.14, the Notes 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 Notes of the series designated therein referred to in the within-mentioned Indenture.

    

    

    	 	
            U.S. BANK NATIONAL ASSOCIATION,

          
	 	
            as Trustee

          
	 	 	 
	 	 	
            By: 

            

          	 
	 	 	
            As Authenticating Agent

          
	 	 	 
	 	 	
            Authorized Officer

          

    

    

    ARTICLE VI

    HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND OBLIGOR

    

    

    Section 6.01. Obligor to Furnish Trustee Names and Addresses of Holders. 

      The Obligor will furnish or cause to be furnished to the Trustee:

    

    

    (1) semi-annually, not more than 15 days after the Record Date for the payment of interest in respect of each series of Notes, in such form as the Trustee may
      reasonably require, a list of the names and addresses of the Holders of such Notes as of such date; and

    

    

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

    

    

    provided that, in the case of (1) and (2), if the Trustee shall be the Registrar, such list shall not be required to be furnished.

    

    

    Section 6.02. Preservation of Information; Communications to Holders.

    

    

    (1) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders of Notes of each series contained in the most
      recent list furnished to the Trustee as provided in Section 6.01 and the names and addresses of Holders of Notes received by the Trustee.  The Trustee may destroy any list furnished to it as provided in Section 6.01 upon receipt of a
      new list so furnished.

    

    

    (2) Holders of Notes may communicate as provided in Section 312(b) of the Trust Indenture Act with other Holders of Notes with respect to
      their rights under this Indenture or under the Notes.

    

    

    (3) Every Holder of Notes, by receiving and holding the same, agrees with the Obligor that the Obligor shall not be held accountable by reason of the disclosure of
      any such information as to the names and addresses of the Holders of Notes in accordance with Section 6.02(2), regardless of the source from which such information was derived.

    

    

    
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    Section 6.03. Reports by Trustee.

    

    

    (1) Within 60 days after December 31 of each year commencing with the first December 31 following the date of the initial issuance of Notes under this Indenture, the
      Trustee shall transmit by mail to the Holders of Notes as their names and addresses appear in the Security Register, a brief report dated as of such December 31, to the extent required under Section 313(a) of the Trust Indenture Act.

    

    

    (2) The Trustee shall comply with Sections 313(b) and 313(c) of the Trust Indenture Act, to the extent required.

    

    

    (3) A copy of each such report shall, at the time for such transmission to Holders of Notes, be filed by the Trustee with the Obligor, with each stock exchange upon
      which any Notes are listed (if so listed) and also with the Commission.  The Obligor agrees to promptly notify the Trustee when any Notes become listed on any stock exchange and of any delisting thereof.

    

    

    Section 6.04. Reports by Obligor.

    

    

    The Obligor shall comply with the provisions of Section 314(a) and 314(c) of the TIA.  Delivery of such reports, information and documents to the Trustee pursuant to TIA Section 314(a)(1), (2) and/or (3) shall be for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or matters
      determinable from information contained therein, including the Obligor’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates provided pursuant to Section 6.05
      below).  The Trustee is under no duty to examine such reports, information or documents to ensure compliance with the provisions of this Indenture or to ascertain the correctness or otherwise of the information or the statements contained herein, or
      whether any such reports, information or documents have or have not been provided as required by the TIA.  The Trustee is entitled to assume such compliance with the TIA unless a Responsible Officer of the Trustee is informed otherwise.

    

    

    Section 6.05. Compliance Certificate.

    

    

    (a) The Obligor shall deliver to the Trustee, within 120 days after the end of each fiscal year, an Officer’s Certificate stating that a review of the activities of the Obligor during the preceding
      fiscal year has been made under the supervision of the signing Officer with a view to determining whether the Obligor has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer
      signing such certificate, that to the best of his or her knowledge the Obligor has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms,
      provisions and conditions of this Indenture or, if a default or Event of Default has occurred, describing such default or Event of Default of which he or she may have knowledge and what action the Obligor
      is taking or proposes to take with respect thereto.

    

    

    
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    (b) So long as any of the Notes are Outstanding, the Obligor will deliver to the Trustee, forthwith upon any Officer becoming aware of any default or Event
      of Default, and what action the Obligor is taking or proposes to take with respect thereto.

    

    

    (c) Except with respect to receipt of Note payments when due and any default or Event of Default information contained in the Officer’s Certificates delivered to it pursuant to this Section 6.05,
      the Trustee shall have no duty to review, ascertain or confirm the Obligor’s compliance with, or the breach of any representation, warranty or covenant made in this Indenture.

    

    

    ARTICLE VII

    CONSOLIDATION, MERGER OR TRANSFER

    

    

    Section 7.01. When Obligor May Merge or Transfer Assets.  The Obligor may not consolidate or merge with or into another entity, or sell, lease, convey, transfer or otherwise dispose of
      all or substantially all of its property and assets to another entity unless:

    

    

    (1) either (a) the Obligor shall be the continuing corporation or transferee or (b) the Person (if other than the Obligor) formed by such consolidation or into which
      the Obligor is merged or to which all or substantially all of the assets of the Obligor are conveyed or transferred (i) shall be a corporation, partnership, limited liability company or trust organized and validly existing under the laws of the
      United States or any state thereof or the District of Columbia and (ii) shall expressly assume, by an Indenture supplemental hereto, executed and delivered to the Trustee, all of the obligations of the Obligor under the Notes and this Indenture;

    

    

    (2) immediately after giving effect to such transaction, no Event of Default, and no default or other event which, after notice or lapse of time or both, would
      become a default or Event of Default, shall have occurred and be continuing; and

    

    

    (3) the Obligor shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that such consolidation, merger, conveyance or
      transfer and, if a supplemental Indenture is required in connection with such transaction, such supplemental Indenture, comply with this Section 7.01, that all conditions precedent herein provided for relating to such transaction have been
      satisfied, and that the Indenture and any supplemental indenture constitute valid, binding and enforceable obligations of the Obligor or other successor Person.

    

    

    Section 7.02. Successor Entity Substituted.  The successor Person formed by such consolidation or into which the Obligor is
      merged or the successor Person to which such conveyance or transfer is made, in each case other than a lease, shall succeed to, and be substituted for, and may exercise every right and power of the Obligor under this Indenture with the same effect as
      if such successor had been named as the Obligor herein; and thereafter the Obligor shall be discharged from all obligations and covenants under this Indenture and the Notes.  The Trustee shall enter into a
      supplemental Indenture to evidence the succession and substitution of such successor Person and such discharge and release of the Obligor.

    

    

    
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    ARTICLE VIII

    SUPPLEMENTAL INDENTURES

    

    

    Section 8.01. Supplemental Indentures Without Consent of Holders.  Without the consent of the Holders of any Notes, the
      Obligor and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto (which shall conform to the provisions of the TIA as in force at the date of execution
      thereof), for any of the following purposes:

    

    

    (1) to evidence the succession of another Person to the Obligor and the assumption by any such successor of the covenants of the Obligor under the Indenture and the
      Notes pursuant to Article VII;

    

    

    (2) to add to the covenants of the Obligor for the benefit of Holders of all or any series of Notes or to surrender any right or power conferred upon the Obligor;

    

    

    (3) to add any additional Events of Default for the benefit of Holders of all or any series of Notes;

    

    

    (4) to add to or change any of the provisions of the Indenture as necessary to permit or facilitate the issuance of Notes of any series in bearer form, registrable
      or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Notes of any series in uncertificated form;

    

    

    (5) to secure the Notes of any series or add guarantees with respect to the Notes of any series;

    

    

    (6) to add or appoint a successor or separate Trustee;

    

    

    (7) to cure any ambiguity, defect or inconsistency, provided that the interests of the Holders of the Notes are not adversely affected in any material
      respect;

    

    

    (8) to supplement any of the provisions of the Indenture as necessary to permit or facilitate the defeasance and discharge of any series of Notes, provided
      that the interests of the Holders of the Notes are not adversely affected in any material respect;

    

    

    (9) to make any other change that would not adversely affect the Holders of the Notes of such series;

    

    

    (10) to make any change necessary to comply with any requirement of the Commission in connection with the qualification of the Indenture or any supplemental
      Indenture under the TIA; and

    

    

    (11) to provide for the issuance of additional Notes of any series of Notes in accordance with the provisions of this Indenture.

    

    

    
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    Section 8.02. Supplemental Indentures with Consent of Holders.  With the consent of the Holders
      of not less than a majority in aggregate principal amount of the Outstanding Notes of all series affected by such supplemental indenture (voting as one class), the Obligor, when authorized by a resolution of
      its Board of Directors, and the Trustee may from time to time and at any time 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 any supplemental indenture or of modifying in any manner the rights of the Holders of the Notes of
      each such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Note affected thereby:

    

    

    (1) make any change to the percentage of principal amount of Notes the Holders of which must consent to an amendment, modification, supplement or waiver;

    

    

    (2) reduce the rate of or extend the time of payment for interest on any Note;

    

    

    (3) reduce the principal amount or extend the stated Maturity of any Note;

    

    

    (4) reduce the Redemption Price of any Note or add redemption provisions to the Notes;

    

    

    (5) make any Note payable in money other than that stated in the Indenture or the Note;

    

    

    (6) impair the right to institute suit for the enforcement of any payment on or with respect to the Notes; or

    

    

    (7) make any change in the ranking or priority of any Note that would adversely affect the Holder of such Note.

    

    

    The Holders of at least a majority in principal amount of the Outstanding Notes may waive compliance by the Obligor with certain restrictive provisions of the Indenture with respect to the Notes.  The Holders of at least a majority in principal amount of the Outstanding Notes may waive any past default under the Indenture, except a default not theretofore cured in the payment of principal or interest and certain covenants and provisions
      of the Indenture which cannot be amended without the consent of the Holder of each Outstanding Note.

    

    

    Section 8.03. Execution of Supplemental Indentures.  In executing, or accepting the additional trusts created by, any
      supplemental indenture permitted by this Article VIII or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 5.01)
      shall be fully protected in relying upon, in addition to the documents required by Section 1.02, an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or
      permitted by this Indenture.  Upon request of the Obligor and, in the case of Section 8.02, upon filing with the Trustee of evidence of an Act of Holders as aforementioned, the Trustee shall join with the Obligor in the execution of such
      supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, powers, trusts, duties or immunities under this Indenture or otherwise,
      in which case the Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture.

    

    

    
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    Section 8.04. Effect of Supplemental Indentures.  Upon the execution of any supplemental indenture under this Article VIII, this Indenture shall be and be deemed to be modified and amended in accordance therewith, and such supplemental indenture
      shall form a part of this Indenture for all purposes; and the respective rights, limitation of rights, duties, powers, trusts and immunities under this Indenture of the Trustee, the Obligor and every Holder of Notes theretofore or thereafter
      authenticated and delivered hereunder shall be determined, exercised and enforced thereunder to the extent provided therein.

    

    

    Section 8.05. Conformity with Trust Indenture Act.  Every supplemental indenture
      executed pursuant to this Article VIII shall conform to the requirements of the TIA as then in effect.

    

    

    Section 8.06. Documents to Be Given to Trustee.  The Trustee may receive an Officer’s
      Certificate and an Opinion of Counsel as conclusive evidence that any supplemental indenture executed pursuant to this Article VIII complies with the applicable provisions of this Indenture, and
      which Opinion of Counsel shall state that the execution of any supplemental indenture authorized pursuant to this Article VIII is authorized or permitted by the Indenture and that such supplemental indenture constitutes the legal, valid and
      binding obligation of the Obligor, enforceable against the Obligor in accordance with its terms, subject to customary exceptions.

    

    

    The Trustee may, but shall not be obligated to, execute any supplemental indenture that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise.

    

    

    Section 8.07. Notation on Notes in Respect of Supplemental Indentures.  Notes of any series
      authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article may bear a notation in form approved by the Trustee for such series as to any matter
      provided for by such supplemental indenture.  If the Obligor or the Trustee shall so determine, new Notes of any series so modified as to conform, in the opinion of the Trustee and the Board of Directors, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Obligor, authenticated by the Trustee
      and delivered in exchange for the Notes of such series then Outstanding.

    

    

    ARTICLE IX

    COVENANTS

    

    

    Section 9.01. Payment of Principal, Premium and Interest.  The Obligor covenants and agrees for the benefit of each series
      of Notes that it will duly and punctually pay or cause to be paid the principal, premium, if any, and interest on such series of Notes on the dates and in the manner provided in such series of Notes, and will duly comply with all the other terms,
      agreements and conditions contained in this Indenture for the benefit of such series of Notes.

    

    

    Payment of principal of, and premium, if any, and interest on a Global Note registered in the name of or held by the DTC or its nominee will be made in immediately available funds to DTC or its
      nominee, as the case may be, as the Holder of such Global Note.  If any of the Notes are no longer represented by a Global Note, payment of interest on certificated Notes in definitive form may, at the option of the Obligor, be made by (i) check
      mailed directly to Holders at their registered addresses or (ii) upon request of any Holder of at least $1,000,000 principal amount of Notes, wire transfer to an account located in the United States by the payee.

    

    

    The Obligor shall pay interest (including post-petition interest in any proceeding under any Federal or state bankruptcy, insolvency, reorganization, or other similar law) on overdue principal and
      premium, if any, from time to time on demand at the applicable rate of interest determined from time to time in the manner provided for in each series of Notes; it shall pay interest (including post-petition interest in any proceeding under any
      Federal or State bankruptcy, insolvency, reorganization, or other similar law) on overdue installments of interest and (without regard to any applicable grace periods) from time to time on demand at the same rates to the extent lawful.

    

    

    Section 9.02. Maintenance of Office or Agency.  So long as any of the Notes remain Outstanding, the Obligor will maintain an office or agency in the City of New York
      (which initially will be the Corporate Trust Office) where Notes may be presented or surrendered for payment, where Notes may be surrendered for transfer or exchange, and where notices and demands to or upon the Obligor in respect of the Notes and
      this Indenture may be served.  The Obligor will give prompt written notice to the Trustee of the location, and of any change in the location, of such office or agency.  If at any time the Obligor shall fail to maintain such 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 Obligor hereby appoints the Trustee its agent to receive all such
      presentations, surrenders, notices and demands.

    

    

    
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    The Obligor may also from time to time designate one or more other offices or agencies where one or more series of Notes 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 Obligor of its obligation to maintain an office or agency in the City of New York for such purposes.

    

    

    The Obligor shall give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency.

    

    

    Section 9.03. Money for Note Payments to be Held in Trust.  If the Obligor shall at any time act as its own Paying Agent, it will, on or before each due date of the principal, premium, if any, or interest on any series of Notes, segregate and hold in trust for the benefit of the Holders of such series of
      Notes a sum sufficient to pay such principal, premium or interest so becoming due until such sums shall be paid to such Holders of the Notes of such series or otherwise disposed of as herein provided, and will promptly notify the Trustee of its
      action or failure so to act.

    

    

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

    

    

    The Obligor will cause each Paying Agent 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 9.03, that such Paying Agent will:

    

    

    (1) hold all sums held by it for the payment of principal, premium, if any, or interest, on Notes of any series in trust for the benefit of the Holders of the Notes
      of such series entitled thereto until such sums shall be paid to such Holders or otherwise disposed of as herein provided;

    

    

    
      47

      
        

    

    (2) give the Trustee prompt notice of any default by the Obligor (or any other obligor upon the Notes of such series) in the
      making of any such payment of principal, premium, if any, or interest, on such Notes; and

    

    

    (3) at any time during the continuance of any such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such
      Paying Agent.

    

    

    The Obligor may, at any time, for the purpose of obtaining the 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 Obligor or such Paying Agent or, if for any other purpose, all sums so held in trust by the Obligor in respect of all series of Notes, such sums to be held by the Trustee upon the same trusts as those upon which such sums were
      held by the Obligor 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.

    

    

    Section 9.04. Certificate to Trustee.  The Obligor will deliver to the Trustee, within 120 days after the end of each
      fiscal year of the Obligor ending after the initial issuance of Notes under this Indenture, an Officer’s Certificate that complies with TIA Section 314(a)(4) stating that in the course of the performance by the signers of their duties as Officers of the Obligor, they would normally have knowledge of any default by the Obligor in the performance of any of its covenants or agreements contained herein, stating whether or not they have knowledge of
      any such default and, if so, specifying each such default of which the signers have knowledge and the nature thereof.

    

    

    Section 9.05. Existence.  Subject to Article VII, the Obligor will do or cause to be
      done all things necessary to preserve and keep in full force and effect its existence as a corporation.

    

    

    ARTICLE X

    REDEMPTION OF NOTES

    

    

    Section 10.01. Optional Redemption.  Unless otherwise provided pursuant to Section 2.01(1)(v)(f), the Obligor
      shall not be permitted to optionally redeem Notes of any series.

    

    

    Section 10.02. Mandatory Redemption.  Unless otherwise provided pursuant to Section 2.01(1)(v)(n), the Obligor
      shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes of any series.

    

    

    [SIGNATURE PAGE FOLLOWS]

    

    

    
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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.

    

    

    	 	
            VERISIGN, INC.

          
	 	 	 
	 	
            By:

          	 
	 	
            Name:

          	
            

            

          
	 	
            Title:

          	
            

            

          
	 	 	 
	 	
            U.S. BANK NATIONAL ASSOCIATION,

          
	 	
            as Trustee

          
	 	 	 
	 	
            By:

          	 
	 	
            Name:

          	
            

            

          
	 	
            Title:Document

Exhibit 10.1

Amended and Restated Arconic Corporation 2020 Annual Cash Incentive Plan
The Plan has been approved by the Compensation and Benefits Committee of the Board of Directors of Arconic Corp. (the “Compensation Committee”). The terms of the Plan are as follows:
1.PURPOSE
This Amended and Restated Arconic Corporation 2020 Annual Cash Incentive Plan (the “Plan”) is intended to attract, retain, motivate and reward Participants by providing them with the opportunity to earn annual incentive compensation under the Plan based upon achievement of pre-established Performance Goals.
2.DEFINITIONS
For purposes of the Plan, the following terms have the meanings set forth below:

a.“Arconic Corp.” means Arconic Corporation, a Delaware corporation, and its successors or assigns.
b.“Award” means an incentive award providing a Participant the opportunity to earn cash compensation under the Plan, subject to the achievement of one or more Performance Goals established pursuant to Section 6 of this Plan or such other terms as the Compensation Committee may establish.
c.“Award Agreement” means any written or electronic agreement, contract, or other instrument or document that the Compensation Committee may deem advisable to evidence an Award and which may set forth additional terms and conditions regarding such Award and such Participant’s participation in the Plan.
d.“Award Level” means the amount of incentive compensation (generally expressed as a percentage of the Participant’s Base Salary) that may be paid to a Participant under the Plan for the achievement in a given Plan Year of an associated, specified level of performance measured in terms of Performance Goals established pursuant to Section 6 of this Plan.  Award Levels may be established at threshold, target and maximum levels.
e.“Award Payment” means the actual dollar or local currency amount paid to a Participant under any Award pursuant to the Plan.
f.“Base Salary” means with respect to any Participant the annual base salary actually paid to such Participant during the Plan Year.  For the sake of clarity, Base Salary does not include any bonus or incentive compensation, whether under the Plan, any other short-term or long-term incentive plan or otherwise.  Base Salary shall be determined without reduction for salary deferrals under any Company-sponsored nonqualified deferred compensation plan and, in the United States, Code Section 401(k) plan or flexible spending account plan (under Code Section 125), and without inclusion of any amounts previously deferred under any company-

sponsored nonqualified deferred compensation plan, Code Section 401(k) plan or flexible spending account plan (under Code Section 125) that become subject to inclusion in gross income for Federal tax purposes. 
g.“Board” means the Board of Directors of Arconic Corp.
h.“Cause” means (a) if the Participant participates in the Arconic Corp. Change in Control Severance Plan, “Cause” as defined in such plan; or (b) if the Participant does not participate in the Arconic Corp. Change in Control Severance Plan, (i) the willful and continued failure by the Participant to substantially perform the Participant’s duties with Arconic Corp. or a Subsidiary that has not been cured within 30 days after a written demand for substantial performance is delivered to the Participant by the Board or the Participant’s direct supervisor, which demand specifically identifies the manner in which the Participant has not substantially performed the Participant’s duties, (ii) the willful engaging by the Participant in conduct which is demonstrably and materially injurious to the Company, monetarily or otherwise; (iii) the Participant’s fraud or acts of dishonesty relating to the Company, or (iv) the Participant’s conviction of any misdemeanor relating to the affairs of the Company or indictment for any felony. For purposes of clauses (i) and (ii) of this definition, no act, or failure to act, on the Participant’s part shall be deemed “willful” unless done, or omitted to be done, by the Participant not in good faith and without reasonable belief that the Participant’s act, or failure to act, was in the best interest of the Company.
i.“CEO” means Arconic Corp.’s Chief Executive Officer. 
j.“Code” means the Internal Revenue Code of 1986, as amended including rules, regulations and guidance promulgated thereunder and successor provisions and rules and regulations thereto.
k.“Company” means Arconic Corp. and all of its Subsidiaries, collectively, or its successors or assigns.
l. “Disability” means a Participant’s inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months.  
m.“Executive Officer” means each officer of the Company whose compensation is approved by the Compensation Committee on an annual basis.  
n.“Participant” means an officer, manager or employee of Arconic Corp. or any of its Subsidiaries who is selected by the CEO, or approved by the Compensation Committee, for participation in the Plan for a given Plan Year in accordance with Section 5.  
o.“Performance Goals” means the Company Performance Goals (as defined below) and/or Personal Performance Goals established for each Award pursuant to Section 6.1 of this Plan, against which a Participant’s performance shall be measured to determine if an Award 
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Payment may be payable under the Plan.  Company Performance Goals may be based upon one or more Performance Measures set forth in Section 6.2 of this Plan (collectively, “Company Performance Goals”).
p.“Performance Measures” means the performance measures set forth in Section 6.2 of this Plan for Arconic Corp. or any one or more of its groups, divisions, business units, or Subsidiaries, and other performance metrics as the Compensation Committee deems appropriate under the circumstances.  
q. “Personal Performance Goal” means goals or levels of performance based upon achievement of certain individual business objectives and/or personal performance objectives, in each case which support the business plan of the Company.  Personal Performance Goals may include personal performance objectives such as teamwork, interpersonal skills, employee development, project management skills and leadership, and/or individual business objectives such as the implementation of policies and plans, the negotiation and/or completion of transactions, the development of long-term business goals, formation of joint ventures, research or development collaborations, technology and best practice sharing within the Company, and the completion of other corporate goals.
r.“Performance Period” means that period established by the Compensation Committee at the time any Award is granted or at any time thereafter during which any Performance Goals with respect to such Award are to be measured. 
s.“Retirement” means the termination of a Participant by his or her resignation from continuous service upon or after attainment of (a) normal retirement age of 65; (b) age 55 and completion of 10 years of continuous service; (c) such lesser age for any individual Participant with rights to a pension other than a deferred vested pension benefit under a retirement plan of Arconic Corp. and/or a Subsidiary and/or an affiliate; (d) as defined under or in accordance with, the Arconic Corporation Amended and Restated 2020 Stock Incentive Plan; or (e) as may be approved by the Compensation Committee, in its discretion; but in each case under (a), (b), (c) or (d) hereof only if such termination is approved as Retirement by, in the case of an Executive Officer, the Compensation Committee, and, in the case of any other officer or employee, the CEO.
t.“Section 409A” means Section 409A of the Code.
u.“Subsidiary” means any “subsidiary” within the meaning of Rule 405 under the Securities Act of 1933, as amended.
3.ADMINISTRATION
a.Power and Authority of the Compensation Committee.  The Plan shall be administered by the Compensation Committee, which shall have full power, discretion and authority to, without limitation: 
(i)Designate each Performance Period;
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(ii)Establish the Performance Goals for each Performance Period and determine whether and to what extent such Performance Goals have been achieved;
(iii)Determine at any time the cash amount payable with respect to an Award;
(iv)Prescribe, amend and rescind rules and procedures relating to the Plan;
(v)Employ such legal counsel, independent auditors and consultants as it deems desirable for the administration of the Plan and to rely upon any opinion or computation received therefrom;
(vi)Amend, modify, or cancel any Award, and authorize the exchange, substitution, or replacement of Awards; 
(vii)Delegate its administrative powers under the Plan to the extent not prohibited by applicable laws, regulations or stock exchange listing rules; and
(viii)Make all determinations, and formulate such procedures, as may be necessary or advisable in the opinion of the Compensation Committee for the administration of the Plan. 
b.Plan Construction and Interpretation. The Compensation Committee shall have full power and authority to construe and interpret the Plan and to correct any defect or omission, or reconcile any inconsistency, in the Plan or any Award.
c.Determinations of Compensation Committee Final and Binding. All determinations by the Compensation Committee in carrying out and administering the Plan and in construing and interpreting the Plan shall be made in the Compensation Committee’s sole discretion and shall be final, binding and conclusive for all purposes and upon all persons interested herein. The Compensation Committee’s decisions regarding the amount of each Award need not be consistent among Participants.
d.Limitation on Liability.  No member of the Compensation Committee or the Board (or its delegates) shall be liable for any action or determination made in good faith with respect to the Plan or any award pursuant to it. Arconic Corp. shall indemnify and hold harmless each member of the Compensation Committee and the Board, and the estate and heirs of each such member, against all claims, liabilities, expenses, penalties, damages or other pecuniary losses, including legal fees, which such Compensation Committee member or Board member or his or her estate or heirs may suffer as a result of any act or omission to act in connection with the Plan, to the extent that insurance, if any, does not cover the payment of such items.
4.TERM
The effective date of this Plan is January 1, 2020.  The Plan will remain in effect for successive fiscal years beginning on January 1 of each year (each, a “Plan Year”), until terminated by the Compensation Committee at the Compensation Committee’s sole discretion.
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5.ELIGIBILITY
a.In order to be eligible to participate in the Plan for any Plan Year, except as set forth in Sections 5.2 and 6.8 below, an individual must (i) be an officer or employee, employed on a full-time or part-time basis with Arconic Corp. or any of its Subsidiaries in a Plan-eligible position (such positions to be determined in the sole discretion of the Compensation Committee); and (ii) be hired, transferred or promoted to a Plan-eligible position before the commencement of the final two weeks of the Plan Year. 
b.Directors who are not employees of the Company, temporary employees, leased employees, interns, consultants and independent contractors shall not be eligible to participate in the Plan.  
c.An officer or employee who, after January 1 of the Plan Year, is hired, or is transferred or promoted from a position not eligible for an Award to a position which the Compensation Committee has determined is eligible for an Award for the Plan Year, may participate in the Plan on a pro rata basis as of the date the employee was hired, transferred or promoted, as the case may be.  

6.PERFORMANCE AWARDS
a.Establishment of Awards.  
(i)As promptly as practicable after the beginning of each Plan Year with respect to which any Awards are to be granted to Participants, and, in any event, before April 1 of such Plan Year, the Compensation Committee shall take those actions for which it is responsible under this Plan to (i) establish the Performance Goals, Performance Measures, Award Levels and, if applicable, the threshold Award Level, target Award Level and maximum Award Level, for each Participant, and (iii) establish such other terms and conditions for each Award as it deems appropriate, which terms may be set forth in an Award Agreement.
(ii)In the case of the CEO and each of the Executive Officers, the Compensation Committee will establish for each Plan Year the Award Levels, the Performance Goals, Performance Measures and the weighting of the Performance Goals.  With respect to all other Participants, the Compensation Committee will approve the Award Levels and Company Performance Goals for each such Participant.    
(iii)The Award Levels, Performance Goals and the weighting of the Performance Goals will vary among Participants depending on the Participant’s role and responsibilities.  The Award Levels and Performance Goals may change from Plan Year to Plan Year.
b.Performance Measures.  The Performance Measures from which the Compensation Committee may establish Performance Goals shall include the achievement of operational goals based on the attainment by Arconic Corp., on a consolidated basis, and/or by specified Subsidiaries or groups, divisions or business units of Arconic Corp., of specified levels 
    5

of one or more of the following performance criteria, any one of which, if applicable, may be normalized for fluctuations in currency or the price of aluminum on the London Metal Exchange or established relative to a comparison with other corporations or an external index or indicator, or relative to a comparison with performance in prior periods, as the Compensation Committee deems appropriate: (a) earnings, including operating income, earnings before or after taxes, and earnings before or after interest, taxes, depreciation, and amortization; (b) book value per share; (c) pre-tax income, after-tax income, income from continuing operations, or after tax operating income; (d) operating profit or improvements thereto; (e) earnings per common share (basic or diluted) or improvement thereto; (f) return on assets (net or gross); (g) return on capital; (h) return on invested capital; (i) sales, revenues or returns on sales or revenues or growth in sales, revenues or returns on sales or revenues; (j) share price appreciation; (k) total shareholder return; (l) cash flow, operating cash flow, free cash flow, cash flow return on investment (discounted or otherwise), improvements in cash on hand, reduction of debt, improvements in the capital structure of the Company including debt to capital ratios; (m) implementation or completion of critical projects or processes; (n) economic profit, economic value added or created; (o) cumulative earnings per share growth; (p) achievement of cost reduction goals; (q) return on shareholders’ equity; (r) total shareholders’ return improvement or relative performance as compared with other selected companies or as compared with Company, Subsidiary, group, division or business unit history; (s) reduction of days working capital, working capital or inventory; (t) operating margin or profit margin or growth thereof; (u) cost targets, reductions and savings, productivity and efficiencies; (v) strategic business criteria, consisting of one or more objectives based on meeting specified market penetration, geographic business expansion, customer satisfaction (including improvements in product quality and delivery), employee satisfaction, human resources management including improvements in diversity representation, supervision of litigation, information technology, and goals relating to acquisitions, divestitures, joint ventures and similar transactions, and budget comparisons; (w)  the achievement of sustainability measures, community engagement measures or environmental, health or safety goals of Arconic Corp. or a Subsidiary, group, division or business unit of the Company for or within which the Participant is primarily employed; (x) improvement in performance against competition benchmarks approved by the Compensation Committee; or (y) improvements in audit and compliance measures.
c.Measurement.  
(i)The Compensation Committee shall have sole discretion to determine (i) with respect to all Participants, the Award Levels which represent the amounts potentially payable under each Award, the Company Performance Goals applicable to each Award, and the method of determining whether each Company Performance Goal has been met, and (ii) with respect to the Executive Officers, the Personal Performance Goals, if applicable, the method of determining whether each such Personal Performance Goal has been met and the weighting of each Performance Goal.  
(ii)Unless otherwise determined by the Compensation Committee, each Award shall include a threshold Performance Goal that must be attained in order for a threshold Award Level to be payable, a target Performance Goal that must be attained for a target Award Level to be 
    6

payable, and a maximum Performance Goal that must be attained for a maximum Award Level to be payable.  The amount of each Award and the Performance Goals may vary among Participants and may be determined based on the Participant’s ability to directly impact the Company’s performance or on an assessment of the Participant’s overall contributions to the Company’s success.

d.Company Performance Goals.  To the extent the Compensation Committee elects to base Award opportunities and Performance Goals on a Company Performance Goal, the Compensation Committee shall select the Performance Measures for the Plan Year from the criteria listed in Section 6.2 or establish such other criteria as the Compensation Committee may determine appropriate.  The Compensation Committee shall also establish the threshold, target and maximum Performance Goals applicable for each Company Performance Goal.
e.Personal Performance Goals.  To the extent the Compensation Committee elects to base Award opportunities and Performance Goals on one or more Personal Performance Goals, the components of the Personal Performance Goals will: (a) be established for the Participant’s position for the Plan Year by the Participant’s supervisor with the approval of the CEO; (b) include only components that support the business plan of the Company; and (c) identify how the Participant will support the achievement of such goals.  The Personal Performance Goals for the Executive Officers will be established by the Compensation Committee.   The determination of whether a Participant (other than an Executive Officer) has attained his or her Personal Performance Goals and the Award Payment payable with respect to the attainment of such Personal Performance Goals shall be determined by the CEO, subject to final approval by the Compensation Committee. The determination of whether an Executive Officer has attained his or her Personal Performance Goals and the Award Payment payable with respect to the attainment of such Personal Performance Goals shall be determined by the Compensation Committee.
f.Certification and Payment. 
(i)As soon as practicable after Arconic Corp.’s audited financial statements are available for a Plan Year with respect to which the Awards are outstanding, the performance of Arconic Corp., on a consolidated basis, and each applicable group, division, business unit or Subsidiary will be determined for such Plan Year.  The financial and operational performance shall then be evaluated to determine the extent to which the Company Performance Goals have been achieved, based upon standards established for such Plan Year.  In performing such evaluation, the Compensation Committee is authorized to make adjustments in the method of calculating attainment of the Company Performance Goals, including, but not limited to, the authority:
i.to adjust or exclude the dilutive or anti-dilutive effects of acquisitions or joint ventures;
ii.to adjust the impact of the disposition of any businesses divested by the Company during a Plan Year;
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iii. to exclude, in whole or in part, restructuring and/or other nonrecurring charges;
iv. to exclude, in whole or in part, exchange rate effects, as applicable, for non-U.S. dollar denominated net sales and operating earnings;
v.to exclude, in whole or in part, the effects of changes to generally accepted accounting standards (“GAAP”) made by the relevant accounting authority;
vi. to exclude, in whole or in part, the effects of any statutory adjustments to corporate taxes;
vii.to exclude, in whole or in part, the impact of any “unusual or nonrecurring items” as determined under GAAP;
viii.to exclude, in whole or in part, the effect of any change in the outstanding shares of common stock of Arconic Corp. by reason of any stock dividend or split, stock repurchase, reorganization, recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other similar corporate change, or any distributions to common stockholders other than regular cash dividends;
ix. to give effect to or to ignore, in whole or in part, any other unusual, non-recurring gain or loss or other extraordinary item; and
x.to give effect to or to ignore, in whole or in part, any other facts, circumstances or considerations deemed appropriate by the Compensation Committee.
Award Payments for a Plan Year will be included as an expense in determining the Company’s financial performance under the Plan for that Plan Year. 

1.The Compensation Committee and each of its members shall be entitled to rely upon information provided by appropriate officers of the Company with respect to financial and other data in order to determine if the Performance Goals for any Participant in a Plan Year have been met.
2.Unless otherwise determined by the Compensation Committee or deferred in accordance with Arconic Corp.’s Deferred Compensation Plan, Award Payments for any Plan Year shall be paid in cash as soon as practicable after the Compensation Committee determines that the Performance Goals specified for such Award were in fact satisfied.  It is intended that payment will be made no later than required to ensure that no amount paid or to be paid hereunder shall be subject to the provisions of Section 409A(a)(1)(B) of the Code and all payments are intended to be eligible for the short-term deferral exception to Section 409A of the Code, except to the extent a payment is deferred under Arconic Corp.’s Deferred Compensation Plan.  
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g.Limit on Award Payments.  Under no circumstances shall the aggregate amount payable to any Participant under an Award for any Plan Year exceed US$9,000,000.
h.Termination of Employment. 
1.Other than in cases of Retirement, a Participant who voluntarily terminates employment prior to the date the Award Payment is paid for a given Plan Year shall forfeit any right to receive any Award Payment for that Plan Year.  
2.In the event of a Participant’s involuntary termination by the Company without Cause, the Participant will remain eligible for an Award Payment for the applicable Plan Year only if the Participant has been employed by the Company for a continuous period of not less than six months in such Plan Year.
3.In the event of a Participant’s Retirement, the Participant will remain eligible for an Award Payment for the applicable Plan Year only if the Participant has been employed by the Company for a continuous period of not less than six months in such Plan Year, provided that circumstances that would have warranted a termination of the Participant’s employment by the Company for Cause do not exist.  
4.In the event of a Participant’s termination by the Company for Cause, the Participant shall forfeit any right to receive any Award Payment for the Plan Year.
5.In the event of the Participant’s death or Disability:
i. if a Participant’s employment is terminated prior to the end of a Plan Year by reason of death or Disability, the Participant or the Participant’s heir or legal representative may, upon the Compensation Committee’s approval, be eligible to be paid a prorated portion of the Award Payment for that Plan Year for the period of time employed during such Plan Year, based on the actual level of attainment of the Performance Goals; and
i. if a Participant’s employment is terminated by reason of death or Disability after the end of a Plan Year, but prior to payment to that Participant of the Award Payment otherwise payable (or any portion thereof) under an Award, the Participant or the Participant’s heir or legal representative will be eligible for the amount of the Award Payment earned by the Participant for that Plan Year, based on the actual level of attainment of the Performance Goals. 
7.WITHHOLDING TAXES
The Company shall have the right, at the time of payment of an Award Payment, to make adequate provision for any federal, state, local or foreign taxes (including social contributions and any other applicable taxes) which it believes are or may be required by law to be withheld with respect to an award under the Plan (“Tax Liability”), to ensure the payment of any such Tax Liability. The Company may provide for the payment of any Tax Liability by withholding from 
    9

the amount of the Award Payment or by any other method deemed appropriate by the Compensation Committee.
8.AMENDMENT AND TERMINATION
The Compensation Committee may at any time and in its sole discretion suspend, amend or terminate the Plan.  
9.MISCELLANEOUS
a.No Guarantee of Employment.  Nothing in this Plan or any Award granted hereunder shall confer upon any employee any right to continue in the employ of the Company or interfere in any way with the right of the Company to terminate his or her employment at any time.
b.Not Compensation for Other Plans.  Except as otherwise explicitly required under the terms of an employee benefit plan of the Company that is intended to be qualified under Section 401(a) of the Code, no Award under this Plan and no amount payable or paid under any Award shall be deemed to be or counted as salary or compensation for the purpose of computing benefits under any employee benefit plan or other arrangement of the Company for the benefit of any employee.  
c.Compliance with Law.  The Plan and the grant of awards under it shall be subject to all applicable U.S. federal and state and any applicable foreign laws, rules and regulations and to such approvals by any governmental or regulatory agency as may be required.
d.State Law.  The Plan shall be construed in accordance with and governed by the laws of the State of Delaware, United States of America, without reference to principles of conflict of laws, and construed accordingly.
e.Interpretation.  All Awards and any Award Agreements shall be subject to the terms of this Plan, or the terms of this Plan, as amended from time to time, and as interpreted by the Compensation Committee.
f.No Alienation.  No right or interest of a Participant in any Award may be pledged, encumbered, or hypothecated to or in favor of any party other than the Company or an affiliate of the Company, or shall be subject to any lien, obligation, or liability of such Participant to any other party other than the Company or an affiliate of the Company.  No Award shall be assignable or transferable, either voluntarily or involuntarily, by a Participant, including as between spouses or pursuant to a domestic relations order in connection with dissolution of marriage, or by operation of law, except pursuant to Section 6.8(e) or the laws of descent.
9.7    Section 409A.  This Plan may be amended at any time, without the consent of any party, to avoid the application of Section 409A of the Code in a particular circumstance or that is necessary or desirable to satisfy any of the requirements under Section 409A of the Code, but the Company shall not be under any obligation to make any such amendment.  Nothing in the Plan 
    10

shall provide a basis for any person to take action against the Company or any affiliate based on matters covered by Section 409A of the Code, including the tax treatment of any amount paid or Award made under the Plan, and neither the Company nor any of its affiliates shall under any circumstances have any liability to any Participant or any other party for any taxes, penalties or interest due on amounts paid or payable under the Plan, including taxes, penalties or interest imposed under Section 409A of the Code.

9.8    Forfeiture and Recoupment.  In accordance with the Company’s Compensation Recovery Policy, as it may be amended from time to time (the “Policy”), in the event a Participant is determined to have engaged in misconduct (as determined in accordance with the Policy), the Compensation Committee shall have full power and authority to determine whether, to what extent, and under what circumstances any Awards granted to such Participant shall be forfeited or cancelled and any Award Payments may be recouped by the Company. Notwithstanding the foregoing or any other provision of this Plan to the contrary, in the event that: (a) the amount of any Award or Award Payment was calculated based upon the achievement of certain financial results that were subsequently the subject of a restatement (other than a restatement required because of changes in applicable financial reporting standards or under similar circumstances), (b) the Participant engaged in intentional misconduct that caused or partially caused the need for the restatement, and (c) the amount of the Award or Award Payment had the financial results been properly reported would have been lower than the amount actually awarded or paid to the Participant, then, to the full extent permitted by applicable law, in all appropriate cases, the Compensation Committee will effect the cancellation of the Award and/or recovery of the Award Payment to the extent of the excess of any Award or Award Payment the Participant received over what he or she should have received absent the restatement during the period commencing 36 months prior to the date of the restatement and ending on the last day of the last period to which the restatement applies, as such amount may be determined by the Compensation Committee.  Further, all Awards and Award Payments (including Award Payments previously paid in accordance with the terms of the applicable Award Agreement) shall be subject to the terms and conditions, if applicable, of any other recoupment policy that may be adopted by the Company from time to time or any recoupment requirement imposed under applicable laws, rules, regulations or stock exchange listing standards, including, without limitation, recoupment requirements imposed pursuant to Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Section 304 of the Sarbanes-Oxley Act of 2002, or any regulations promulgated thereunder, or recoupment requirements under the laws of any other jurisdiction.

9.9.  Participants Outside the United States.  Awards may be granted to employees who are foreign nationals or residents or employed outside the United States, or both, on such terms and conditions different from those applicable to Awards to employees who are not foreign nationals or residents or who are employed in the United States as may, in the judgment of the Compensation Committee, be necessary or desirable in order to recognize differences in local law, regulations or tax policy.  If any provision of the Plan is or becomes or is deemed to be invalid, illegal or unenforceable in any jurisdiction, or as to any person or Award, or would disqualify the Plan or any Award under any law outside the United States where an employee is based, such provision shall be construed or deemed amended to conform to applicable laws, or if 
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it cannot be construed or deemed amended without, in the sole determination of the Compensation Committee, materially altering the intent of the Plan, such provision shall be stricken as to such jurisdiction, person or Award, and the remainder of the Plan shall remain in full force and effect. 

9.10.  Severability. If any provision of the Plan is held invalid or unenforceable, the invalidity or unenforceability shall not affect the remaining parts of the Plan, and the Plan shall be enforced and construed as if such provision had not been included.

9.11    Unfunded Plan. The Plan is intended to constitute an unfunded plan for incentive compensation. Prior to the payment of any Award, nothing contained herein shall give any Participant any rights that are greater than those of a general creditor of the Company.  No amounts awarded or accrued under the Plan shall be funded, set aside, subject to interest payment or otherwise segregated prior to payment of an Award.  Any Award payable under the Plan is voluntary and occasional and does not create any contractual or other right to receive Awards in future years or benefits in lieu of such Awards.  
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