Document:

Exhibit 4.2

Exhibit 4.2

INDENTURE OFFICERS’ CERTIFICATE
OF
MARRIOTT INTERNATIONAL, INC.

A.    The undersigned Carolyn B. Handlon and Ward R. Cooper of Marriott International, Inc., a corporation organized under the laws of the State of Delaware (the “Company”), hereby certify pursuant to Sections 102, 201, 301 and 303 of the Indenture (the “Indenture”), dated as of November 16, 1998, between the Company and The Bank of New York Mellon, successor to JPMorgan Chase Bank, N.A. (formerly known as The Chase Manhattan Bank), as Trustee (the “Trustee”), that there is hereby established a series of Securities (as that term is defined in the Indenture), the terms of which shall be as follows:

1.The designation of the Securities shall be the “3.125% Series N Notes due 2021” (the “Notes”) (CUSIP number 571903 AM5).

2.The aggregate principal amount of the Notes which may be authenticated and delivered under the Indenture (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, or upon partial redemption of, other Notes pursuant to Sections 304, 305, 306, 906 or 1107 of the Indenture and except for Notes which, pursuant to Section 303 of the Indenture, are deemed never to have been authenticated and delivered under the Indenture) is initially limited to US $400,000,000.  The Company may subsequently issue additional securities as part of this series of Securities under the Indenture.

3.Subject to the provisions of Section 307 of the Indenture, interest will be payable to the Person in whose name a Note (or any predecessor Note) is registered at the close of business on the Regular Record Date next preceding the Interest Payment Date in respect of such Note.

4.The principal amount of the Notes shall be payable in full on October 15, 2021, subject to and in accordance with the provisions of the Indenture.

5.The Notes shall bear interest at the rate of 3.125% per annum from October 9, 2014 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semi-annually on April 15 and October 15 of each year, commencing April 15, 2015, until the principal amount of the Notes has been paid or duly provided for.  March 31 and September 30 (whether or not a Business Day), as the case may be, next preceding an Interest Payment Date, shall be the “Regular Record Date” for interest payable on such Interest Payment Date.

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6.The principal of and interest on the Notes shall be payable at the office or agency of the Trustee maintained for that purpose in New York, New York; provided, however, that payment of interest on a Note may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register; and provided, further, that notwithstanding the foregoing, a Holder may elect to receive payments of interest on a Note (other than at Maturity) by electronic funds transfer of immediately available funds to an account maintained by such holder, provided such Holder so elects by giving written notice to a Paying Agent designating such account, no later than the March 15 or the September 15 immediately preceding the April 15 or October 15 Interest Payment Date, as the case may be.  Unless such designation is revoked by the Holder, any such designation made by such Holder with respect to such Notes shall remain in effect with respect to any future payments with respect to such Notes payable to such Holder.

7.The Notes may be redeemed in whole or in part at any time and from time to time on the terms specified in the Final Prospectus Supplement dated October 6, 2014 relating to the Notes.  As described therein, the Company will deliver notice of any redemption at least 15 days but not more than 45 days before the redemption date to each holder of the Notes to be redeemed.

8.Upon the occurrence of a change of control repurchase event, unless the Company has exercised its option to redeem the Notes, the Company will be required to make an offer to purchase the Notes under the circumstances described and on the terms specified in the Final Prospectus Supplement dated October 6, 2014.

9.The Company will not be obligated to redeem or purchase the Notes pursuant to a sinking fund or analogous provisions or at the option of the Holder thereof.

10.The Notes will be issued in denominations of US$2,000 and any integral multiples of US$1,000 in excess thereof.

11.The payment of the principal of and interest on the Notes shall be payable in the coin or currency of the United States of America as at the time of payment is legal tender for the payment of public and private debts.

12.The Global Securities shall be in substantially the form attached hereto as Annex A.

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13.The Notes shall be defeasible as provide in Article Thirteen of the Indenture.

14.The Notes may be issuable in whole or in part in the form of one or more Global Securities.  The initial Depositary for such Global Securities shall be The Depository Trust Company.

15.The Notes will not be Transfer Restricted Securities.

B.    Each of the undersigned Carolyn B. Handlon and Ward R. Cooper hereby further certifies that:

1.Attached hereto as Annex B are true, correct and complete copies of resolutions duly adopted by the Board of Directors of the Company and certified by the Company’s Secretary or Assistant Secretary.  Such resolutions have not been amended, modified or rescinded, are in full force and effect in the form adopted and are the only resolutions adopted by the Board of Directors of the Company or by any committee of or designated by the Board of Directors of the Company relating to the offering of the Notes. 

2.I have read the conditions of Section 102, 201, 301 and 303 of the Indenture and the definitions relating thereto. 

3.I have examined the Indenture, the attached specimen form of the Global Securities attached hereto as Annex A and the resolutions relating thereto adopted by the Board of Directors of the Company or a committee thereof.

4.In my opinion, I have made such examination or investigation as is necessary to enable me to express an informed opinion as to whether or not the conditions of Sections 102, 201, 301 and 303 of the Indenture relating to the issuance of the Notes have been complied with.

5.In my opinion, the conditions of Sections 102, 201, 301 and 303 of the Indenture relating to the authentication and issuance of the Notes have been complied with.

All terms used herein and not defined shall have the meanings set forth in the Indenture.

[Signatures appear on the following page.]

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IN WITNESS WHEREOF, the undersigned have signed this certificate.

Dated: October 9, 2014

MARRIOTT INTERNATIONAL, INC.

By:     /s/ Carolyn B. Handlon    
		
	Name:
	Carolyn B. Handlon

		
	Title:
	Executive Vice President and Global Treasurer

                                    
By:     /s/ Ward R. Cooper        
Name:  Ward R. Cooper
		
	Title:
	 Vice President, Assistant General Counsel     

and Assistant Secretary

[Signature Page to Indenture Officers’ Certificate]

Annex A

Specimen Form of the Global Securities

 

Annex B

Resolutions Adopted by the Board of the Company on February 10, 2012EX-10.16

 Exhibit 10.16 

GREAT WESTERN BANCORP, INC. 

2014 NON-EMPLOYEE DIRECTOR PLAN 

FORM OF 

PERFORMANCE SHARE UNIT AWARD AGREEMENT 

This Performance Share Unit Award Agreement (this “Award Agreement”) evidences an award of performance share units
(“PSUs”) by Great Western Bancorp, Inc. (“Great Western”) under the Great Western Bancorp, Inc. 2014 Non-Employee Director Plan (the “Plan”). Capitalized terms not
defined in the Award Agreement have the meanings given to them in the Plan. 
  

					
	Name of Grantee:	  	__________	  	(the “Grantee”).
			
	Grant Date:	  	__________	  	(the “Grant Date”).
		
	Number of PSUs:	  	______________________. The percentage of PSUs that will actually vest will range from ___% to ___% and be determined based on achievement of the Performance Metrics below.
		
	Performance Period:	  	__________ to __________.
		
	Vesting Date:	  	__________ (the “Vesting Date”)
		
		  	 The PSUs will only vest if the Grantee has continuously served as a Non-Employee Director of the Company from the Grant Date
through the Vesting Date and to the extent that the Performance Metrics are satisfied, and any unvested PSUs will be forfeited upon termination of the Grantee’s service as a Non-Employee Director.

 
 Notwithstanding the foregoing and any provision in the Plan:

 
 A.     Upon a
termination of the Grantee’s service as a Non-Employee Director due to death, the PSUs will immediately vest as of the date of such termination at the target level; and
  

B.     Upon a Change in Control that occurs during the Performance Period, the PSUs will
immediately vest as of the date of such Change in Control at the higher of (x) the target level and (y) actual performance but assuming that the Performance Period ended on the date of such Change in Control.

		
	Performance Metrics:	  	The percentage of PSUs that will be earned at the end of the Performance Period (or, if earlier, through the date of a Change in Control) will be determined in accordance with the tables below, and measured separately
for each Performance Metric, which will be weighted ___% for [Metric 1] and ___% for [Metric 2].

			
		  	 In measuring the Performance Metrics, the Committee will adjust such Performance Metrics to neutralize the impact of the following
unexpected events: (1) gains or losses that are the direct result of a major casualty or natural disaster; (2) gains or losses that are separately disclosed in Great Western’s audited financial statements for the relevant fiscal year and
result from any newly-enacted law, regulation, judicial order or accounting pronouncement; and (3) amounts related to (a) exit or disposal activities, (b) the impairment or disposal of long-lived assets or the impairment of goodwill and other
intangible assets, (c) net provisions for litigation and other regulatory proceedings, (d) equity-based or other employee retention awards granted in connection with any acquisition, and (e) items that are unusual in nature or infrequent in
occurrence and are separately disclosed in Great Western’s audited financial statements for the relevant fiscal year. The form and amount of such adjustments will be determined by the Committee in its sole discretion.

 
 The percentage of PSUs that will be earned for performance between Threshold and Target
and between Target and Maximum will be determined on a straight-line basis.
  

[Metric 1] (___% weighting)

  

					
	 Performance Level
	 	 Achievement of

Performance Metrics
	 	 Percentage of

PSUs Earned

	 Maximum
	 	 ___

(__% of Target)
	 	___%
			
	 Target
	 	___	 	___%
			
	 Threshold
	 	 ___

(___% of Target)
	 	___%
			
	 Below Threshold
	 	 Less than ___%

(< ___% of Target)
	 	___%

 [Metric 2] (___% weighting) 

 

					
	 Performance Level
	 	 Achievement of

Performance Metrics
	 	 Percentage of

PSUs Earned

	 Maximum
	 	 ___

(__% of Target)
	 	___%
			
	 Target
	 	___	 	___%
			
	 Threshold
	 	 ___

(___% of Target)
	 	___%
			
	 Below Threshold
	 	 Less than ___

(< ___% of Target)
	 	___%

  

			
	Delivery Date:	  	No later than 30 days after the earliest to occur of (1) [the Vesting Date][termination of the Grantee’s service as a Non-Employee Director following the Vesting Date], (2) the termination of Grantee’s service as a
Non-Employee Director due to death and (3) a Change in Control, Great Western will issue to the Grantee one Share for each vested PSU, subject to applicable tax withholding (the date the Shares are so issued, the “Delivery
Date”).
		
	Dividend Equivalents:	  	On the Delivery Date, Great Western will pay to the Grantee a cash amount equal to the product of (x) all cash dividends or other distributions (other than cash dividends or other distributions pursuant to which the PSUs were
adjusted pursuant to Section 1.6.3 of the Plan), if any, paid on a Share from the Grant Date to the Delivery Date and (y) the number of Shares delivered to the Grantee on the Delivery Date (including for this purpose any Shares which
would have been delivered on the Delivery Date but for being withheld to satisfy tax withholding obligations).
		
	All Other Terms:	  	As set forth in the Plan.

 The Plan is incorporated herein by reference. Except as otherwise set forth in the Award Agreement, the Award
Agreement and the Plan constitute the entire agreement and understanding of the parties with respect to the PSUs. In the event that any provision of the Award Agreement is inconsistent with the Plan, the terms of the Plan will control. By accepting
this Award, the Grantee agrees to be subject to the terms and conditions of the Plan. 
 This Award Agreement may be executed in
counterparts, which together will constitute one and the same original. 

 IN WITNESS WHEREOF, the parties have caused this Award Agreement to be duly executed and
effective as of the Grant Date. 
  

					
	GREAT WESTERN BANCORP, INC.
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

  

			
	[NAME OF GRANTEE]

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