Document:

EX-4.5

Exhibit 4.5

FIRST FINANCIAL BANCORP.

Issuer

to

WILMINGTON TRUST COMPANY

Trustee

 

SUBORDINATED INDENTURE

 

Dated as of                     

Subordinated Debt Securities

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	ARTICLE ONE DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
	 	 	1	 
	 
	 	 	 	 
	Section 101. Definitions
	 	 	1	 
	Section 102. Compliance Certificates and Opinions
	 	 	8	 
	Section 103. Form of Documents Delivered to Trustee
	 	 	9	 
	Section 104. Acts of Holders
	 	 	9	 
	Section 105. Notices, Etc., to Trustee and Company
	 	 	11	 
	Section 106. Notice to Holders; Waiver
	 	 	11	 
	Section 107. Language of Notices
	 	 	12	 
	Section 108. Conflict With Trust Indenture Act
	 	 	12	 
	Section 109. Effect of Headings and Table of Contents
	 	 	12	 
	Section 110. Successors and Assigns
	 	 	12	 
	Section 111. Separability Clause
	 	 	12	 
	Section 112. Benefits Of Indenture
	 	 	12	 
	Section 113. Governing Law
	 	 	13	 
	Section 114. Legal Holidays
	 	 	13	 
	 
	 	 	 	 
	ARTICLE TWO SECURITIES FORMS
	 	 	13	 
	 
	 	 	 	 
	Section 201. Forms Generally
	 	 	13	 
	Section 202. Form of Trustee’s Certificate of Authentication
	 	 	13	 
	Section 203. Securities in Global Form
	 	 	14	 
	 
	 	 	 	 
	ARTICLE THREE THE SECURITIES
	 	 	14	 
	 
	 	 	 	 
	Section 301. Amount Unlimited; Issuable in Series
	 	 	14	 
	Section 302. Denominations
	 	 	17	 
	Section 303. Securities in Foreign Countries
	 	 	18	 
	Section 304. Execution, Authentication, Delivery and Dating
	 	 	18	 
	Section 305. Temporary Securities
	 	 	19	 
	Section 306. Registration, Transfer and Exchange
	 	 	20	 
	Section 307. Mutilated, Destroyed, Lost and Stolen Securities
	 	 	23	 
	Section 308. Payment of Interest; Interest Rights Preserved
	 	 	23	 
	Section 309. Persons Deemed Owners
	 	 	25	 
	Section 310. Cancellation
	 	 	25	 
	Section 311. Computation of Interest
	 	 	25	 
	Section 312. CUSIP Numbers
	 	 	26	 
	 
	 	 	 	 
	ARTICLE FOUR SATISFACTION AND DISCHARGE
	 	 	26	 
	 
	 	 	 	 
	Section 401. Satisfaction and Discharge of Indenture
	 	 	26	 
	Section 402. Application of Trust Money
	 	 	27	 
	Section 403. Satisfaction, Discharge and Defeasance of Securities of Any Series
	 	 	27	 
	 
	 	 	 	 
	ARTICLE FIVE REMEDIES
	 	 	29	 
	 
	 	 	 	 
	Section 501. Events of Default
	 	 	29	 
	Section 502. Acceleration of Maturity; Rescission and Annulment
	 	 	30	 
	Section 503. Collection of Indebtedness and Suits For Enforcement By Trustee
	 	 	30	 
	Section 504. Trustee May File Proofs of Claim
	 	 	31	 
	Section 505. Trustee May Enforce Claims Without Possession of Securities or Coupons
	 	 	32	 
	Section 506. Application of Money Collected
	 	 	32	 
	Section 507. Limitation on Suits
	 	 	32	 
	Section 508. Unconditional Right of Holders to Receive Principal, Premium, Interest
and Additional Amounts
	 	 	33	 
	Section 509. Restoration of Rights and Remedies
	 	 	33	 
	Section 510. Rights and Remedies Cumulative
	 	 	33	 
	Section 511. Delay or Omission Not Waiver
	 	 	34	 

i

 

TABLE OF CONTENTS
(continued)

	 	 	 	 	 
	 	 	Page
	Section 512. Control By Holders
	 	 	34	 
	Section 513. Waiver of Past Defaults
	 	 	34	 
	Section 514. Waiver of Stay or Extension Laws
	 	 	34	 
	 
	 	 	 	 
	ARTICLE SIX THE TRUSTEE
	 	 	35	 
	 
	 	 	 	 
	Section 601. Notice of Defaults
	 	 	35	 
	Section 602. Certain Rights of Trustee
	 	 	35	 
	Section 603. Not Responsible For Recitals or Issuance of Securities
	 	 	36	 
	Section 604. May Hold Securities
	 	 	36	 
	Section 605. Money Held In Trust
	 	 	37	 
	Section 606. Compensation and Reimbursement
	 	 	37	 
	Section 607. Corporate Trustee Required; Eligibility; Conflicting Interests
	 	 	37	 
	Section 608. Resignation and Removal; Appointment of Successor
	 	 	38	 
	Section 609. Acceptance of Appointment By Successor
	 	 	39	 
	Section 610. Merger, Conversion, Consolidation or Succession to Business
	 	 	40	 
	Section 611. Appointment of Authenticating Agent
	 	 	40	 
	 
	 	 	 	 
	ARTICLE SEVEN HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY
	 	 	42	 
	 
	 	 	 	 
	Section 701. Company to Furnish Trustee Names and Addresses of Holders
	 	 	42	 
	Section 702. Preservation of Information; Communications to Holders
	 	 	42	 
	Section 703. Reports By Trustee
	 	 	42	 
	Section 704. Reports By Company
	 	 	43	 
	 
	 	 	 	 
	ARTICLE EIGHT CONSOLIDATION, MERGER AND SALES
	 	 	43	 
	 
	 	 	 	 
	Section 801. Company May Consolidate Etc., Only on Certain Terms
	 	 	43	 
	Section 802. Successor Corporation Substituted For Company
	 	 	44	 
	 
	 	 	 	 
	ARTICLE NINE SUPPLEMENTAL INDENTURES
	 	 	44	 
	 
	 	 	 	 
	Section 901. Supplemental Indentures Without Consent of Holders
	 	 	44	 
	Section 902. Supplemental Indentures With Consent of Holders
	 	 	45	 
	Section 903. Execution of Supplemental Indentures
	 	 	46	 
	Section 904. Effect of Supplemental Indentures
	 	 	46	 
	Section 905. Conformity With Trust Indenture Act
	 	 	46	 
	Section 906. Reference in Securities to Supplemental Indentures
	 	 	47	 
	Section 907. Subordination Unimpaired
	 	 	47	 
	 
	 	 	 	 
	ARTICLE TEN COVENANTS
	 	 	47	 
	 
	 	 	 	 
	Section 1001. Payment of Principal, Premium, If Any, and Interest
	 	 	47	 
	Section 1002. Maintenance of Office or Agency
	 	 	47	 
	Section 1003. Money For Securities Payments to Be Held in Trust
	 	 	48	 
	Section 1004. Additional Amounts
	 	 	49	 
	Section 1005. Statement As To Compliance; Notice of Certain Defaults
	 	 	50	 
	Section 1006. Payment of Taxes and Other Claims
	 	 	50	 
	Section 1007. Corporate Existence
	 	 	50	 
	Section 1008. Waiver of Certain Covenants
	 	 	51	 
	Section 1009. Calculation of Original Issue Discount
	 	 	51	 
	 
	 	 	 	 
	ARTICLE ELEVEN REDEMPTION OF SECURITIES
	 	 	51	 
	 
	 	 	 	 
	Section 1101. Applicability of Article
	 	 	51	 
	Section 1102. Election To Redeem; Notice To Trustee
	 	 	51	 
	Section 1103. Selection By Trustee of Securities To Be Redeemed
	 	 	51	 
	Section 1104. Notice of Redemption
	 	 	52	 
	Section 1105. Deposit of Redemption Price
	 	 	53	 

ii

 

TABLE OF CONTENTS
(continued)

	 	 	 	 	 
	 	 	Page
	Section 1106. Securities Payable on Redemption Date
	 	 	53	 
	Section 1107. Securities Redeemed in Part
	 	 	54	 
	Section 1108. Conversion Arrangements on Call for Redemption
	 	 	54	 
	 
	 	 	 	 
	ARTICLE TWELVE SINKING FUNDS
	 	 	55	 
	 
	 	 	 	 
	Section 1201. Applicability of Article
	 	 	55	 
	Section 1202. Satisfaction of Sinking Fund Payments With Securities
	 	 	55	 
	Section 1203. Redemption of Securities For Sinking Fund
	 	 	56	 
	 
	 	 	 	 
	ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS
	 	 	56	 
	 
	 	 	 	 
	Section 1301. Applicability of Article
	 	 	56	 
	 
	 	 	 	 
	ARTICLE FOURTEEN MEETINGS OF HOLDERS
	 	 	56	 
	 
	 	 	 	 
	Section 1401. Purposes For Which Meetings May Be Called
	 	 	56	 
	Section 1402. Call, Notice and Place of Meetings
	 	 	57	 
	Section 1403. Persons Entitled To Vote At Meetings
	 	 	57	 
	Section 1404. Quorum; Action
	 	 	57	 
	Section 1405. Determination of Voting Rights; Conduct and Adjournment of Meetings
	 	 	58	 
	Section 1406. Counting Votes and Recording Action of Meetings
	 	 	58	 
	 
	 	 	 	 
	ARTICLE FIFTEEN SUBORDINATION
	 	 	59	 
	 
	 	 	 	 
	Section 1501. Securities Subordinated to Senior Indebtedness
	 	 	59	 
	Section 1502. Subrogation
	 	 	61	 
	Section 1503. Obligation of Company Unconditional
	 	 	61	 
	Section 1504. Payment on Securities Permitted
	 	 	62	 
	Section 1505. Effectuation of Subordination by Trustee
	 	 	62	 
	Section 1506. Knowledge of Trustee
	 	 	62	 
	Section 1507. Trustee’s Relation to Senior Indebtedness
	 	 	62	 
	Section 1508. Rights of Holders of Senior Indebtedness Not Impaired
	 	 	63	 
	 
	 	 	 	 
	ARTICLE SIXTEEN CONVERSION
	 	 	63	 
	 
	 	 	 	 
	Section 1601. Conversion Privilege
	 	 	63	 
	Section 1602. Manner of Exercise of Convertible Privilege
	 	 	63	 
	Section 1603. Cash Adjustment Upon Conversion
	 	 	64	 
	Section 1604. Conversion Price
	 	 	64	 
	Section 1605. Adjustment of Conversion Price
	 	 	64	 
	Section 1606. Effect of Reclassifications, Consolidations, Mergers or Sales on Conversion Privilege
	 	 	66	 
	Section 1607. Taxes on Conversions
	 	 	67	 
	Section 1608. Company to Reserve Common Stock
	 	 	67	 
	Section 1609. Disclaimer by Trustee of Responsibility for Certain Matters
	 	 	68	 
	Section 1610. Company to Give Notice of Certain Events
	 	 	68	 

iii

 

FIRST FINANCIAL BANCORP.

     Reconciliation and tie between Trust Indenture Act of 1939, as amended, and Subordinated
Indenture, dated as of                     .

	 	 	 	 	 	 	 
	Trust Indenture Act Section	 	Indenture Section
	Section 310	 	(a)(1)
	 	 	607	 
	 	 	(a)(2)
	 	 	607	 
	 	 	(a)(5)
	 	 	607	 
	 	 	(b)
	 	 	607	 
	Section 311	 	(a)
	 	 	604	 
	 	 	(b)
	 	 	604	 
	 	 	(b)(2)
	 	 	108	 
	Section 312	 	(a)
	 	 	701, 702(a)	 
	 	 	(b)
	 	 	702(a)	 
	 	 	(c)
	 	 	702(b)	 
	Section 313	 	(a)
	 	 	703(a), 703(b)	 
	 	 	(b)(2)
	 	 	108	 
	 	 	(c)
	 	 	703(c)	 
	 	 	(d)
	 	 	703(c)	 
	Section 314	 	(a)
	 	 	704	 
	 	 	(c)(1)
	 	 	102	 
	 	 	(c)(2)
	 	 	102	 
	 	 	(c)(3)
	 	 	108	 
	 	 	(e)
	 	 	102	 
	Section 315	 	(a)
	 	 	108	 
	 	 	(b)
	 	 	601	 
	 	 	(c)
	 	 	108	 
	 	 	(d)
	 	 	108	 
	 	 	(d)(1)
	 	 	108	 
	 	 	(d)(2)
	 	 	108	 
	 	 	(d)(3)
	 	 	108	 
	 	 	(e)
	 	 	108	 
	Section 316	 	(a)
	 	 	104	 
	 	 	(a)(1)(A)
	 	 	512	 
	 	 	(a)(1)(B)
	 	 	513	 
	 	 	(b)
	 	 	508	 
	 	 	(e)
	 	 	104	 
	Section 317	 	(a)(1)
	 	 	505	 
	 	 	(a)(2)
	 	 	504	 
	 	 	(b)
	 	 	1003	 
	Section 318	 	(a)
	 	 	108	 

 

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

iv

 

     SUBORDINATED INDENTURE, dated as of                      (the “Indenture”), is made by and between
FIRST FINANCIAL BANCORP., a corporation duly organized and existing under the laws of the State of
Ohio (the “Company”), having its principal office at 4000 Smith Road, Cincinnati, Ohio 45209, and
WILMINGTON TRUST COMPANY, a Delaware banking corporation, having its principal office at 1100 N.
Market Street, Wilmington, Delaware 19890, not in its individual capacity but solely as Trustee
(the “Trustee”).

RECITALS

     The Company has duly authorized the execution and delivery of this Indenture to provide for
the issuance from time to time of its unsecured subordinated debentures, notes or other evidences
of indebtedness (the “Securities”), unlimited as to principal amount, to bear such rates of
interest, to mature at such time or times, to be issued in one or more series and to have such
other provisions as shall be fixed as hereinafter provided.

     The Company has duly authorized the execution and delivery of this Indenture and all things
necessary to make this Indenture a valid agreement of the Company, in accordance with its terms,
have been done.

     This Indenture is subject to the provisions of the Trust Indenture Act of 1939, as amended,
that are required to be part of this Indenture and shall, to the extent applicable, be governed by
such provisions.

     NOW, THEREFORE, THIS INDENTURE WITNESSETH:

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

ARTICLE ONE

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

     Section 101. Definitions

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

	 	(1)	 	the terms defined in this Article have the meanings assigned to them in this Article,
and include the plural as well as the singular;
	 
	 	(2)	 	all other terms used herein which are defined in the Trust Indenture Act, either
directly or by reference therein, have the meanings assigned to them therein;
	 
	 	(3)	 	all accounting terms not otherwise defined herein have the meanings assigned to them
in accordance with generally accepted accounting principles and, except as otherwise
herein expressly provided, the term “generally accepted accounting principles” with
respect to any computation required or permitted hereunder shall mean such accounting
principles as are generally accepted at the date of such computation;

 

 

	 	(4)	 	the words “herein”, “hereof”, “hereto” 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;
	 
	 	(5)	 	the word “or” is not exclusive;
	 
	 	(6)	 	all words in the singular include the plural and all words in the plural include the
singular; and
	 
	 	(7)	 	the word “including” means “including without limitations.”

     Certain terms used principally in certain Articles hereof are defined in those Articles.

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

     “Additional Amounts” means any additional amounts which are required hereby or by any
Security, under circumstances specified herein or therein, to be paid by the Company in respect of
certain taxes imposed on Holders specified therein and which are owing to such Holders.

     “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 the meanings correlative to the foregoing.

     “Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 611 to
act on behalf of the Trustee to authenticate Securities of one or more series.

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

     “Bank” means (i) any institution organized under the laws of the United States, any State of
the United States, the District of Columbia, any territory of the United States, Puerto Rico, Guam,
American Samoa or the Virgin Islands which (a) accepts deposits that the depositor has a legal
right to withdraw on demand, and (b) engages in the business of making commercial loans and (ii)
any trust company organized under any of the foregoing laws.

     “Bearer Security” means any Security in the form established pursuant to Section 201 which is
payable to bearer.

     “Board Of Directors” means the board of directors of the Company or any committee of that
board duly authorized to act for the Company hereunder.

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

2

 

     “Business Day”, except as may otherwise be provided herein or in any Security, means any day,
other than a Saturday or a Sunday, that is neither a Legal Holiday nor a day on which banking
institutions are authorized or required by law, regulation or executive order to close.

     “Called Securities” means any Convertible Security that is called for redemption by the
Company.

     “Capital Stock” means, as to shares of a particular corporation, outstanding shares of stock
of any class whether now or hereafter authorized, irrespective of whether such class shall be
limited to a fixed sum or percentage in respect of the rights of the holders thereof to participate
in dividends and in the distribution of assets upon the voluntary liquidation, dissolution or
winding up of such corporation.

     “Commission” means the Securities and Exchange Commission, as from time to time constituted,
created under the Securities Exchange Act of 1934 or, if at any time after the execution of this
Indenture such Commission is not existing and performing the duties now assigned to it under the
Trust Indenture Act, then the body performing such duties at such time.

     “Common Stock” means all shares now or hereafter authorized of the class of common stock of
the Company presently authorized and stock of any other class into which such shares may hereafter
have been changed.

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

     “Company Request” and “Company Order” mean a written request or order, as the case may be,
signed in the name of the Company by the Chairman of the Board of Directors, a Vice Chairman, the
President or a Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an
Assistant Secretary of the Company, and delivered to the Trustee.

     “Subsidiary Bank” means any Subsidiary which is a Bank.

     “Convertible Security” or “Convertible Securities” means any Security or Securities, as the
case may be, which are by their terms convertible into Common Stock.

     “Conversion Price” means the price per share of Common Stock from time to time in effect at
which any Convertible Security may be converted into Common Stock as determined by or pursuant to
the terms of this Indenture.

     “Corporate Trust Office” means, the principal office of the Trustee, at which at any
particular time its corporate trust business shall be administered, which office at the date of
original execution of this Indenture is located at Rodney Square North, 1100 N. Market Street,
Wilmington, Delaware 19890, Attention: Corporate Trust Administration.

     “Corporation” includes corporations, associations, companies and business trusts.

     “Coupon” means any interest coupon appertaining to a Bearer Security.

     “Date of Conversion” with respect to any Convertible Security or portion thereof to be
converted, means the date on which such Convertible Security shall be surrendered for conversion
and notice given in accordance with the provisions of Article Sixteen.

3

 

     “Defaulted Interest” has the meaning specified in Section 308.

     “Dollars” or “$” means a dollar or other equivalent unit in the currency of the United States,
except as may otherwise be provided herein or in any Security.

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

     “Government Obligations”, with respect to any Securities unless otherwise specified herein or
therein, means (i) direct obligations of the United States of America or the government or
governments which issued the currency, currency unit or composite currency in which any Securities
are payable, for the payment of which its full faith and credit is pledged or (ii) obligations of a
Person controlled or supervised by and acting as an agency or instrumentality of the United States
of America or such government or governments which issued the currency, currency unit or composite
currency in which such Securities are payable, the payment of which is unconditionally guaranteed
as a full faith and credit obligation by the United States of America or such other government or
governments, which, in either case, are not callable or redeemable at the option of the issuer or
issuers thereof, and shall also include a depository receipt issued by a bank or trust company as
custodian with respect to any such Government Obligation or a specific payment of interest on or
principal of any such Government Obligation 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 from any amount
received by the custodian in respect of the Government Obligation or the specific payment of
interest on or principal of the Government Obligation evidenced by such depository receipt.

     “Holder”, in the case of any Registered Security, means the Person in whose name such Security
is registered in the Security Register and, in the case of any Bearer Security, means the bearer
thereof and, in the case of any Coupon, means the bearer thereof.

     “Indenture” means this instrument as originally executed or as it may from time to time be
supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the
applicable provisions hereof, and with respect to any Security shall include the terms of such
Securities established as contemplated by Section 301; PROVIDED, HOWEVER, that, if at any time more
than one Person is acting as Trustee under this instrument, “INDENTURE” shall mean, with respect to
any one or more series of Securities for which such Person is Trustee, this instrument as
originally executed or as it may from time to time be supplemented or amended by one or more
indentures supplemental hereto entered into pursuant to the applicable provisions hereof and shall
include the terms of the or those particular series of Securities for which such Person is Trustee
established as contemplated by Section 301, exclusive, however, of any provisions or terms which
relate solely to other series of Securities for which such Person is Trustee, regardless of when
such terms or provisions were adopted, and exclusive of any provisions or terms adopted by means of
one or more indentures supplemental hereto executed and delivered after such Person had become such
Trustee but to which such Person, as such Trustee, was not a party.

     “Independent Public Accountants” means accountants or a firm of accountants that are
independent public accountants with respect to the Company within the meaning of the Securities Act
of 1933, as amended, and the rules and regulations promulgated by the Commission thereunder who may
be the independent public accountants regularly retained by the Company or who may be other
independent public accountants. Such accountants or firm shall be entitled to rely upon any Opinion
of Counsel as to the interpretation of any legal matters relating to the Indenture or certificates
required to be provided hereunder.

4

 

     “Interest”, with respect to any Original Issue Discount Security which by its terms bears
interest only after Maturity, means interest payable after Maturity and, with respect to any
Security which provides for the payment of Additional Amounts pursuant to Section 1004, includes
such Additional Amounts.

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

     “Legal Holiday”, except as otherwise may be provided herein or in any Securities, with respect
to any Place of Payment or other location, means a Saturday, a Sunday or a day on which banking
institutions or trust companies in such Place of Payment or other location are not authorized or
obligated to be open.

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

     “Officers’ Certificate” means a certificate signed by the Chairman of the Board, a Vice
Chairman, the President or a Vice President, and by the Treasurer, an Assistant Treasurer, the
Secretary or an Assistant Secretary of the Company, and delivered to the Trustee.

     “Opinion Of Counsel,” except as otherwise provided herein or in any Security, means a written
Opinion of Counsel, who may be an employee of or counsel for the Company or other counsel.

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

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

	 	(i)	 	Securities theretofore cancelled by the Trustee or the Security Registrar or
delivered to the Trustee or the Security Registrar for cancellation;
	 
	 	(ii)	 	Securities, or portions thereof for whose payment or redemption or repayment at the
option of the Holder money in the necessary amount has been theretofore deposited with the
Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated
in trust by the Company (if the Company shall act as its own Paying Agent) for the Holders
of such Securities and any Coupons appertaining thereto, PROVIDED that, if such Securities
are to be redeemed, notice of such redemption has been duly given pursuant to this
Indenture or provision therefor satisfactory to the Trustee has been made;
	 
	 	(iii)	 	Securities, except to the extent provided in Section 403, with respect to which the
Company has effected defeasance and/or covenant defeasance pursuant to Section 403 hereof;
and
	 
	 	(iv)	 	Securities which have been paid pursuant to Section 307 or in exchange for or in lieu
of which other Securities have been authenticated and delivered pursuant to this
Indenture, other than any such Securities in respect of which there shall have been
presented to the Trustee proof satisfactory to it that such Securities are held by a bona
fide purchaser in whose hands such Securities are valid obligations of the Company;

5

 

provided, however, that in determining whether the Holders of the requisite principal amount of
Outstanding Securities have given any request, demand, authorization, direction, notice, consent or
waiver hereunder or are present at a meeting of Holders of Securities for quorum purposes and for
purposes of making the calculations required by Section 313 of the Trust Indenture Act, (i) the
principal amount of an Original Issue Discount Security that may be counted in making such
determination or calculation and that shall be deemed to be outstanding for such purposes shall be
equal to the amount of the principal thereof that pursuant to the terms of such Original Issue
Discount Security would be declared (or shall have been declared to be) due and payable upon a
declaration of acceleration pursuant to Section 502 at the time of such determination or
calculation, and (ii) the principal amount of any Security denominated other than in Dollars that
may be counted in making such determination or calculation and that shall be deemed outstanding for
such purpose shall be equal to the Dollar equivalent, determined by the Company as of the date such
Security is originally issued by the Company, of the principal amount (or, in the case of an
Original Issue Discount Security, the Dollar equivalent as of such date of original issuance of the
amount determined as provided in clause (i) above) of such Security, and (iii) Securities owned by
the Company or any other obligor upon the Securities or any Affiliate of the Company or such other
obligor, shall be disregarded and deemed not to be Outstanding, except that, in determining whether
the Trustee shall be protected in making any such calculation or relying upon any such request,
demand, authorization, direction, notice, consent or waiver, only Securities which a Responsible
Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so owned
which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to
the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and
that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of
the Company or such other obligor.

     “Paying Agent” means any Person authorized by the Company to pay the principal of (and
premium, if any) or interest on any Security or Coupon on behalf of the Company.

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

     “Place Of Payment”, with respect to any Security, means the place or places where the
principal of (and premium, if any) and interest on the Securities of that series are payable as
specified in or pursuant to Section 301(9) or Section 1002.

     “Predecessor Security” of any particular Security means every previous Security evidencing all
or a portion of the same debt as that evidenced by such particular Security; and, for the purposes
of this definition, any Security authenticated and delivered under Section 307 in exchange for or
in lieu of a lost, destroyed, mutilated or stolen Security or any Security to which a mutilated,
destroyed, lost or stolen Coupon appertains shall be deemed to evidence the same debt as the lost,
destroyed, mutilated or stolen Security or the Security to which a mutilated, destroyed, lost or
stolen Coupon appertains.

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

     “Redemption Price”, with respect to any Security or portion thereof to be redeemed, means the
price at which it is to be redeemed as determined by or pursuant to the provisions of this
Indenture.

     “Registered Security” means any Security established pursuant to Section 201 which is
registered and the transfer or exchange thereof is registrable in the Security Register.

6

 

     “Regular Record Date” for the interest payable on any Registered Security on any Interest
Payment Date therefor means the date, if any, specified in such Security as the “Regular Record
Date”.

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

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

     “Security Register” and “Security Registrar” have the respective meanings specified in Section
306.

     “Senior Indebtedness” means: (i) the principal and any premium or interest for money borrowed
or purchased by the Company; (ii) the principal and any premium or interest for money borrowed or
purchased by another Person and guaranteed by the Company; (iii) any deferred obligation for the
payment of the purchase price of property or assets evidenced by a note or similar agreement; (iv)
an obligation arising from direct credit substitutes; and (v) any obligation associated with
derivative products such as interest and foreign exchange rate contracts, commodity contracts and
similar arrangements; in each case, whether outstanding on the date this Subordinated Indenture
becomes effective, or created, assumed or incurred after that date. Senior Indebtedness excludes
any indebtedness that: (a) expressly states that it is junior to, or ranks equally in right of
payment with, the Securities; or (b) is identified as junior to, or equal in right of payment with,
the Securities in any Board Resolution or in any supplemental indenture.

     “Special Record Date” for the payment of any Defaulted Interest on any registered Security
means a date fixed by the Trustee pursuant to Section 308.

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

     “Subsidiary” means any corporation of which at the time of determination the Company and/or
one or more Subsidiaries owns or controls directly or indirectly more than 50% of the shares of
Voting Stock.

     “Trust Indenture Act” means the Trust Indenture Act of 1939 as in force at the date as of
which this instrument was executed, except as provided in Section 905.

     “Trustee” means the Person named as the “Trustee” in the first paragraph of this instrument
until a successor Trustee shall have become such with respect to one or more series of Securities
pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean each
Person who is then a Trustee hereunder; PROVIDED, HOWEVER, that if at any time there is more than
one such Person, “Trustee” shall mean each such Person and as used with respect to the Securities
of any series shall mean the Trustee with respect to the Securities of that series.

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     “United States”, except as otherwise provided herein or in any Security, means the United
States of America (including the States and the District of Columbia), its territories and
possessions and other areas subject to its jurisdiction.

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

     “U.S. Depository” or “Depository” means, with respect to any Security issuable or issued in
the form of one or more global Securities, the Person designated as U.S. Depository by the Company
pursuant to Section 301, which must be a clearing agency registered under the Securities Exchange
Act of 1934, as amended, and, if so provided pursuant to Section 301 with respect to any Security,
any successor to such Person. If at any time there is more than one such Person, “U.S. Depository”
or “Depository” shall mean, with respect to any Securities, the qualifying entity which has been
appointed with respect to such Securities.

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

     “Voting Stock” means stock of a corporation of the class or classes having general voting
power under ordinary circumstances to elect at least a majority of the board of directors, managers
or trustees of such corporation provided that, for the purposes hereof, stock which carries only
the right to vote conditionally on the happening of an event shall not be considered voting stock
whether or not such event shall have happened.

     Section 102. Compliance Certificates and Opinions.

     Upon any application or request by the Company to the Trustee to take any action under any
provision of this Indenture, the Company shall furnish to the Trustee an Officers’ Certificate
stating that all conditions precedent, if any, provided for in this Indenture relating to the
proposed action have been complied with and an Opinion of Counsel stating that, in the opinion of
such counsel, all such conditions precedent, if any, have been complied with, except that in the
case of any such application or request as to which the furnishing of such documents or any of them
is specifically required by any provision of this Indenture relating to such particular application
or request, no additional certificate or opinion need be furnished.

     Every certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture and in any applicable Security (except Section 1005) shall include:

	 	(1)	 	a statement that each individual signing such certificate or opinion has read such
condition or covenant and the definitions herein and in any applicable Security relating
thereto;
	 
	 	(2)	 	a brief statement as to the nature and scope of the examination or investigation upon
which the statements or opinions contained in such certificate or opinion are based;
	 
	 	(3)	 	a statement that, in the opinion of each such individual, he has made such
examination or investigation as is necessary to enable him to express an informed opinion
as to whether or not such condition or covenant has been complied with; and

8

 

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

     Section 103. Form of Documents Delivered to Trustee.

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

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

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

     Section 104. Acts of Holders.

     (a) 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 of substantially similar tenor signed by such Holders in person or by agent
duly appointed in writing. If, but only if, Securities of a series are issuable as Bearer
Securities, any request, demand, authorization, direction, notice, consent, waiver or other action
provided by this Indenture to be given or taken by Holders of Securities of such series may,
alternatively, be embodied in and evidenced by the record of Holders of Securities of such series
voting in favor thereof, either in person or by proxies duly appointed in writing, at any meeting
of Holders of Securities of such series duly called and held in accordance with the provisions of
Article Fourteen, or a combination of such instruments and any such record. Except as herein
otherwise expressly provided, such action shall become effective when such instrument or
instruments or record or both are delivered to the Trustee and, where it is hereby expressly
required, to the Company. Such instrument or instruments and any such record (and the action
embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of the
Holders signing such instrument or instruments and so voting at any such meeting. Proof of
execution of any such instrument or of a writing appointing any such agent, or of the holding by
any Person of a Security, shall be sufficient for any purpose of this Indenture and (subject to
Section 315 of the Trust Indenture Act) conclusive in favor of the Trustee and the Company and any
agent of the Trustee or the Company, if made in the manner provided in this Section. The record of
any meeting of Holders of Securities shall be proved in the manner provided in Section 1406.

     Without limiting the generality of this Section 104, unless otherwise established in or
pursuant to a Board Resolution or set forth or determined in an Officers’ Certificate, or
established in one or more indentures supplemental hereto, pursuant to Section 301, a Holder,
including a U.S. Depository that is a

9

 

Holder of a global Security, may make, give or take, by a proxy, or proxies, duly appointed in
writing, any request, demand, authorization, direction, notice, consent, waiver or other action
provided in this Indenture to be made, given or taken by Holders, and a U.S. Depository that is a
Holder of a global Security may provide its proxy or proxies to the beneficial owners of interests
in any such global Security through such U.S. Depository’s standing instructions and customary
practices.

     The Trustee shall fix a record date, which shall be not more than 30 days prior to the first
solicitation of such Holders, for the purpose of determining the Persons who are beneficial owners
of interest in any permanent global Security held by a U.S. Depository entitled under the
procedures of such U.S. Depository to make, give or take, by a proxy or proxies duly appointed in
writing, any request, demand, authorization, direction, notice, consent, waiver or other action
provided in this Indenture to be made, given or taken by Holders. If such a record date is fixed,
the Holders on such record date or their duly appointed proxy or proxies, and only such Persons,
shall be entitled to make, give or take such request, demand, authorization, direction, notice,
consent, waiver or other action, whether or not such Holders remain Holders after such record date.
No such request, demand, authorization, direction, notice, consent, waiver or other action shall be
valid or effective if made, given or taken more than 90 days after such record date.

     (b) The fact and date of the execution by any Person of any such instrument or writing 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.

     (c) The ownership, principal amount and serial numbers of Registered Securities held by any
Person, and the date of the commencement and the date of termination of holding the same, shall be
proved by the Security Register.

     (d) The ownership, principal amount and serial numbers of Bearer Securities held by any
Person, and the date of the commencement and the date of termination of holding the same, may be
proved by the production of such Bearer Securities or by a certificate executed, as depositary, by
any Bank, banker or other depositary reasonably acceptable to the Company, wherever situated, if
such certificate shall be deemed by the Trustee to be satisfactory, showing that at the date
therein mentioned such Person had on deposit with such depositary, or exhibited to it, the Bearer
Securities therein described; or such facts may be proved by the certificate or affidavit of the
Person holding such Bearer Securities, if such certificate or affidavit is deemed by the Trustee to
be satisfactory. The Trustee and the Company may assume that such ownership of any Bearer Security
continues until (1) another certificate or affidavit bearing a later date issued in respect of the
same Bearer Security is produced, or (2) such Bearer Security is produced to the Trustee by some
other Person, or (3) such Bearer Security is surrendered in exchange for a Registered Security, or
(4) such Bearer Security is no longer Outstanding. The principal amount and serial numbers of
Bearer Securities held by the Person so executing such instrument or writing and the date of the
commencement and the date of termination of holding the same may also be proved in any other manner
which the Trustee deems sufficient.

     (e) If the Company shall solicit from the Holders of any Registered Securities any request,
demand, authorization, direction, notice, consent, waiver or other Act, the Company may at their
option, by Board Resolutions, fix in advance a record date, which shall be not more than 30 days
prior to the first solicitation of such Holders, for the determination of Holders of Registered
Securities entitled to give such request, demand, authorization, direction, notice, consent, waiver
or other Act, but the Company shall have no obligation to do so. If such a record date is fixed,
such request, demand, authorization, direction, notice, consent, waiver or other Act may be given
before or after such record date, but only the Holders of Registered Securities of record at the
close of business on such record date shall be deemed to

10

 

be Holders for the purposes of determining whether Holders of the requisite proportion of
Outstanding Securities have authorized or agreed or consented to such request, demand,
authorization, direction, notice, consent, waiver or other Act, and for that purpose the
Outstanding Securities shall be computed as of such record date; provided no such authorization,
agreement or consent of the Holders of Registered Securities shall be deemed effective unless it
shall become effective pursuant to the provisions of this Indenture not later than six months after
the record date.

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

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

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

	 	(1)	 	the Trustee by any Holder or by the Company shall be sufficient for every purpose
hereunder if made, given, furnished or filed in writing to or with the Trustee at its
Corporate Trust Office, or
	 
	 	(2)	 	the Company by the Trustee or by any Holder shall be sufficient for every purpose
hereunder (unless otherwise herein expressly provided) if in writing and mailed,
first-class postage prepaid, to the Company addressed to the attention of its Treasurer at
the address of its principal office specified in the first paragraph of this Indenture or
at any other address previously furnished in writing to a Responsible Officer of the
Trustee by the Company.

     Section 106. Notice to Holders; Waiver.

     Except as otherwise expressly provided herein or in any Security, where this Indenture
provides for notice to Holders of any event,

	 	(1)	 	such notice shall be sufficiently given to Holders of Registered Securities if in
writing and mailed, first-class postage prepaid, to each Holder of a Registered Security
affected by such event, at his address as it appears in the Security Register, not later
than the latest date, and not earlier than the earliest date, prescribed for the giving of
such Notice; and
	 
	 	(2)	 	such notice shall be sufficiently given to Holders of Bearer Securities, if any, if
published in an Authorized Newspaper and, if such Securities are then listed on any stock
exchange outside the United States, in an Authorized Newspaper in such city as the Company
shall advise the Trustee that such stock exchange so requires, on a Business Day at least
twice, the first such publication to be not earlier than the earliest date and not later
than the latest date prescribed for the giving of such notice.

     In any case where notice to Holders of Registered Securities is given by mail, neither the
failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder of a
Registered Security shall affect the sufficiency of such notice with respect to other Holders of
Registered Securities or the sufficiency of any notice to Holders of Bearer Securities given as
provided herein. Any notice which is mailed in the manner herein provided shall be conclusively
presumed to have been duly given or provided. In the case by reason of the suspension of regular
mail service or by reason of any other cause it
shall be 

11

 

impracticable to give such notice by mail, then such notification as shall be made
with the approval of the Trustee shall constitute a sufficient notification for every purpose
hereunder.

     In case by reason of the suspension of publication of any Authorized Newspaper or Authorized
Newspapers or by reason of any other cause it shall be impracticable to publish any notice to
Holders of Bearer Securities as provided above, then such notification to Holders of Bearer
Securities as shall be given with the approval of the Trustee shall constitute sufficient notice to
such Holders for every purpose hereunder. Neither failure to give notice by publication to Holders
of Bearer Securities as provided above, nor any defect in any notice so published, shall affect the
sufficiency of any notice mailed to Holders of Registered Securities as provided above.

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

     Section 107. Language of Notices.

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

     Section 108. Conflict With Trust Indenture Act.

     If any provision hereof limits, qualifies or conflicts with the duties imposed pursuant to
Section 318(c) of the Trust Indenture Act, such imposed duties shall control.

     Section 109. Effect of Headings and Table of Contents.

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

     Section 110. Successors and Assigns.

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

     Section 111. Separability Clause.

     In case any provision in this Indenture, any Security or any Coupon 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 112. Benefits Of Indenture.

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

12

 

     Section 113. Governing Law.

     This Indenture, the Securities and the Coupons shall be governed by and construed in
accordance with the laws of the State of New York.

     Section 114. Legal Holidays.

     In any case where any Interest Payment Date, Redemption Date or Stated Maturity of any
Security, or the last day on which a Holder has the right to convert these Securities, is not a
Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture,
any Security or Coupon other than a provision in any Security or any Coupon that specifically
states that such provision shall apply in lieu of this Section) payment of interest or any
Additional Amounts or principal (and premium, if any) or conversion of the Securities need not be
made at such Place of Payment on such date, but may be made on the next succeeding Business Day at
such Place of Payment with the same force and effect as if made on the Interest Payment Date or
Redemption Date, or at the Stated Maturity, or the last such day of conversion, and no interest
shall accrue on the amount so payable for the period from and after such Interest Payment Date,
Redemption Date or Stated Maturity, as the case may be.

ARTICLE TWO

SECURITIES FORMS

     Section 201. Forms Generally.

     Each Registered Security, Bearer Security, Coupon and temporary global Security issued
pursuant to this Indenture shall be in the form established by or pursuant to a Board Resolution or
in one or more indentures supplemental hereto, shall have appropriate insertions, omissions,
substitutions and other variations as are required or permitted by this Indenture or any indenture
supplemental hereto and may have such letters, numbers or other marks of identification and such
legends or endorsements placed thereon as may, consistently herewith, be determined by the officers
executing such Security, as evidenced by their execution of such Security.

     Definitive Securities and definitive Coupons shall be printed, lithographed or engraved or
produced by any combination of these methods on a steel engraved border or steel engraved borders
or may be produced in any other manner, all as determined by the officers of the Company executing
such Securities or Coupons, as evidenced by their execution of such Securities or Coupons.

     Section 202. Form of Trustee’s Certificate of Authentication.

     Subject to Section 611, the Trustee’s certificate of authentication shall be in substantially
the following form:

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

	 	 	 	 	 	 	 
	Dated:	 	WILMINGTON TRUST COMPANY,	 	 
	 	 	not in its individual capacity but solely as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/
 

Authorized Signatory
	 	 

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	 	 	Section 203. Securities in Global Form.

     If Securities of a series are issuable in global form, any such Security may provide that it
shall represent the aggregate amount of Outstanding Securities of such series from time to time
endorsed thereon and may also provide that the aggregate amount of Outstanding Securities
represented thereby may from time to time be increased or reduced to reflect exchanges. Any
endorsement of any Security in global form to reflect the amount, or any increase or decrease in
the amount, or changes in the rights of Holders, of Outstanding Securities represented thereby
shall be made in such manner and by such Person or Persons as shall be specified therein or in the
Company Order to be delivered pursuant to Section 304 or 305 with respect thereto. Subject to the
provisions of Section 304 and, if applicable, Section 304, the Trustee shall deliver and redeliver
any Security in permanent global form in the manner and upon instructions given by the Person or
Persons specified therein or in the applicable Company Order. If a Company Order pursuant to
Section 304 or 305 has been, or simultaneously is, delivered, any instructions by the Company with
respect to a Security in global form shall be in writing but need not comply with Section 102 and
need not be accompanied by an Opinion of Counsel.

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

     Notwithstanding the provisions of Section 308, unless otherwise specified as contemplated by
Section 301, payment of principal of and any premium and interest on any Security in permanent
global form shall be made to the Person or Persons specified therein.

     Notwithstanding the provisions of Section 310 and except as provided in the preceding
paragraph, the Company, the Trustee and any agent of the Company and the Trustee shall treat as the
Holder of such principal amount of Outstanding Securities represented by a permanent global
Security (i) in the case of a permanent global Security in registered form, the Holder of such
permanent global Security in registered form, or (ii) in the case of a permanent global Security in
bearer form, the Person or Persons specified pursuant to Section 301.

ARTICLE THREE

THE SECURITIES

     Section 301. Amount Unlimited; Issuable in Series.

     The aggregate principal amount of Securities which may be authenticated and delivered under
this Indenture is unlimited. The Securities shall be subordinated in right of payment to Senior
Indebtedness as provided in Article Fifteen.

     The Securities may be issued in one or more series. There shall be established in or pursuant
to one or more Board Resolutions, and set forth in an Officers’ Certificate, or established in one
or more indentures supplemental hereto,

	 	(1)	 	the title of the Securities and the series in which such Securities shall be
included;

14

 

	 	(2)	 	any limit upon the aggregate principal amount of the Securities of such title or the
Securities of such series which may be authenticated and delivered under this Indenture
(except for Securities authenticated and delivered upon registration of transfer of, or in
exchange for, or in lieu of, other Securities of the series pursuant to Section 305, 306,
307, 906, 1107 or 1502 or the terms of such Securities);
	 
	 	(3)	 	whether Securities of the series are to be issuable as Registered Securities, Bearer
Securities or both and, if the Securities are to be issuable exclusively or alternatively
as Bearer Securities, whether the Bearer Securities are to be issuable with Coupons,
without Coupons or both, and any restrictions applicable to the offer, sale delivery or
conversion of the Bearer Securities and the terms, if any, upon which Bearer Securities
may be exchanged for Registered Securities and vice versa;
	 
	 	(4)	 	whether any Securities of the series are to be issuable initially or otherwise in
global form and, if so, (i) whether beneficial owners of interests in any such global
Security may exchange such interest for Securities of such series and of like tenor of any
authorized form and denomination and the circumstances under which any such exchanges may
occur, if other than in the manner specified in Section 306, (ii) the name of the
depository or the U.S. Depository, as the case may be, with respect to any global Security
and (iii) the manner in which interest payable on a global Security will be paid;
	 
	 	(5)	 	the date as of which any Bearer Securities of the series and any global Security
representing Outstanding Securities of the series shall be dated if other than the date of
original issuance of the first Security of the series to be issued;
	 
	 	(6)	 	if Securities of the series are to be issuable as Bearer Securities, whether interest
in respect of any portion of a temporary Bearer Security in global form (representing all
of the Outstanding Bearer Securities of the series) payable in respect of an Interest
Payment Date prior to the exchange of such temporary Bearer Security for definitive
Securities of the series shall be paid to any clearing organization with respect to the
portion of such temporary Bearer Security held for its account and, in such event, the
terms and conditions (including any certification requirements) upon which any such
interest payment received by a clearing organization will be credited to the Persons
entitled to interest payable on such Interest Payment Date;
	 
	 	(7)	 	the date or dates, or the method, if any, by which such date or dates shall be
determined, on which the principal of such Securities is payable;
	 
	 	(8)	 	the rate or rates at which such Securities shall bear interest, if any, or the
method, if any, by which such rate or rates are to be determined, the date or dates, if
any, from which such interest shall accrue or the method, if any, by which such date or
dates are to be determined, the Interest Payment Dates, if any, on which such interest
shall be payable and the Regular Record Date, if any, for the interest payable on
Registered Securities on any Interest Payment Date, whether and under what circumstances
Additional Amounts on such Securities or any of them shall be payable, and the basis upon
which interest shall be calculated if other than that of a 360-day year of twelve 30-day
months;
	 
	 	(9)	 	the place or places, if any, where the principal of (and premium, if any) and
interest (including Additional Amounts), if any, on such Securities shall be payable, any
Registered Securities of the series may be surrendered for registration of transfer,
Securities of the series may be surrendered for exchange or conversion and notices or
demands to or upon the Company in respect of the Securities of the series and this
Indenture may be served;

15

 

	 	(10)	 	whether the Securities of the series or any of them are to be redeemable at the
option of the Company and, if so, the period or periods within which, the price or prices
at which and the other terms and conditions upon which such Securities may be redeemed, in
whole or in part, at the option of the Company;
	 
	 	(11)	 	whether the Company is obligated to redeem, or purchase Securities of the series or
any of them pursuant to any sinking fund or at the option of any Holder thereof and, if
so, the period or periods within which, the price or prices at which and the other terms
and conditions upon which such Securities shall be redeemed or purchased, in whole or in
part, pursuant to such obligation, and any provisions for the remarketing of the
Securities of the series so redeemed or purchased;
	 
	 	(12)	 	the denominations in which Registered Securities of the series, if any, shall be
issuable if other than denominations of $1,000 and any integral multiple thereof, and the
denominations in which Bearer Securities of the series, if any, shall be issuable if other
than the denomination of $5,000;
	 
	 	(13)	 	if other than the principal amount thereof, the portion of the principal amount of
the Securities of the series of any of them which shall be payable upon declaration of
acceleration of the Maturity thereof pursuant to Section 502 or the method by which such
portion is to be determined;
	 
	 	(14)	 	if other than such coin or currency of the United States of America as at the time of
payment is legal tender for payment of public or private debts, the coin or currency,
composite currencies or currency unit or units in which payment of the principal of (and
premium, if any) or interest, if any, on or any Additional Amounts in respect of the
Securities of the series or any of them shall be payable;
	 
	 	(15)	 	if the principal of (and premium, if any) or interest, if any, on or any Additional
Amounts in respect of the Securities of the series or any of them are to be payable, at
the election of the Company or a Holder thereof, in a coin or currency, composite
currencies or currency unit or units other than that in which the Securities of the series
or any of them are stated to be payable, the period or periods within which, and the terms
and conditions upon which, such election may be made;
	 
	 	(16)	 	whether the amount of payments of principal of (and premium, if any) or interest
(including Additional Amounts), if any, on the Securities of the series may be determined
with reference to an index, formula or other method (which index, formula or method may be
based, without limitation, on one or more currencies, currency units, composite
currencies, commodities, equity indices or other indices), and, if so, the terms and
conditions upon which and the manner in which such amounts shall be determined and paid or
payable;
	 
	 	(17)	 	whether the principal of (and premium, if any) or interest (including Additional
Amounts), if any, on the Securities of the series are to be payable, at the election of
the Company or any Holder thereof or otherwise, in a currency or currencies, currency unit
or units or composite currency or currencies other than that in which such Securities or
any of them are denominated or stated to be payable, the period or periods within which,
and the other terms and conditions upon which, such election, if any, may be made, and the
time and manner of determining the exchange rate between the currency or currencies,
currency unit or units or composite currency or currencies in which such Securities or any
of them are denominated or

16

 

	 	 	 	stated to be payable and the currency or currencies, currency unit or units or composite
currency or currencies in which such Securities or any of them are to be so payable;
	 
	 	(18)	 	any deletions from, modifications of or additions to the Events of Default or
covenants of the Company with respect to the Securities of the series or any of them,
whether or not such Events of Default or covenants are consistent with the Events of
Default or covenants set forth herein;
	 
	 	(19)	 	the applicability, if any, of Section 403 to the Securities of the series and any
provisions in modification of, in addition to or in lieu of any of the provisions of
Section 403;
	 
	 	(20)	 	if the Securities of the series or any of them are to be issued upon the exercise of
warrants, the time, manner and place for such Securities to be authenticated and
delivered;
	 
	 	(21)	 	if the Securities of the series are to be issuable in definitive form (whether upon
original issue or upon exchange of a temporary Security of such series) only upon receipt
of certain certificates or other documents or satisfaction of other conditions, then the
form and terms of such certificates, documents or conditions;
	 
	 	(22)	 	if there is more than one Trustee, the identity of the Trustee and, if not the
Trustee, the identity of each Security Registrar, Paying Agent and/or Authenticating Agent
with respect to the Securities of the series;
	 
	 	(23)	 	whether any of the Securities of a series shall be issued as Original Issue Discount
Securities; and
	 
	 	(24)	 	any other terms of the Securities of the series or any of them (which terms shall not
be inconsistent with the provisions of this Indenture).

     All Securities of any one series and Coupons appertaining to Bearer Securities of such series,
if any, shall be substantially identical except as to denomination and the rate or rates of
interest, if any, and Stated Maturity, the date from which interest, if any, shall accrue and
except as may otherwise be provided by the Company in or pursuant to one or more Board Resolutions
and set forth in such Officers’ Certificate or in any indenture or indentures supplemental hereto
pertaining to such series of Securities. All Securities of any one series need not be issued at the
same time and, unless otherwise so provided by the Company, a series may be reopened for issuances
of additional Securities of such series.

     If any of the terms of the Securities of any series were established by action taken by or
pursuant to a Board Resolution, the Board Resolution shall be delivered to the Trustee at or prior
to the delivery of the Officers’ Certificate setting forth the terms of such series.

     Notwithstanding anything other provision of this Indenture, so long as a series
of Securities is a global Security, the parties hereto will be bound at all times by the applicable
procedures of the Depository with respect to such series.

     Section 302. Denominations.

     Unless otherwise established with respect to any Securities pursuant to Section 301, the
Registered Securities of each series, if any, denominated in Dollars shall be issuable in
registered form without coupons in denominations of $1,000 and any integral multiple thereof, and
the Bearer Securities of each series, if any, denominated in Dollars shall be issuable in the
denomination of $5,000. Securities not denominated in Dollars shall be issuable in such
denominations as are established with respect to such Securities pursuant to Section 301.

17

 

     Section 303. Securities in Foreign Countries

     Whenever this Indenture provides for (i) any action by, or the determination of any of the
rights of, Holders of Securities of any series in which not all of such Securities are denominated
in the same currency, or (ii) any distribution to Holders of Securities, in the absence of any
provision to the contrary in the form of Security of any particular series, any amount in respect
of any Security denominated in a currency other than United States dollars shall be treated for any
such action or distribution as that amount of United States dollars that could be obtained for such
amount on such reasonable basis of exchange and as of the record date with respect to Registered
Securities of such series (if any) for such action, determination of rights or distribution (or, if
there shall be no applicable record date, such other date reasonably proximate to the date of such
action, determination of rights or distribution) as the Company may specify in a written notice to
the Trustee or, in the absence of such written notice, as the Trustee may determine.

     Section 304. Execution, Authentication, Delivery and Dating.

     The Securities and any Coupons appertaining thereto shall be executed on behalf of the Company
by its Chairman of the Board, Deputy Chairman, one of its Vice Chairmen, its President or one of
its Vice Presidents under its corporate seal reproduced thereon and attested by its Secretary or
one of its Assistant Secretaries. The signature of any of these officers on the Securities and any
Coupons appertaining thereto may be manual or facsimile.

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

     At any time and from time to time after the execution and delivery of this Indenture, the
Company may deliver Securities of any series, together with any Coupons appertaining thereto,
executed by the Company, to the Trustee for authentication, and, provided that the Board Resolution
or Resolutions and Officers’ Certificate or supplemental indenture or indentures with respect to
such Securities referred to in Section 301 and a Company Order for the authentication and delivery
of such Securities, has been delivered to the Trustee, the Trustee in accordance with the Company
Order and subject to the provisions hereof of such Securities shall authenticate and deliver such
Securities. In authenticating such Securities, and accepting the additional responsibilities under
this Indenture in relation to such Securities and any Coupons appertaining thereto, the Trustee
shall be entitled to receive, and (subject to Sections 315(a) through 315(b) of the Trust Indenture
Act) shall be fully protected in relying upon,

	 	(1)	 	an Opinion of Counsel stating, to the effect

	 	(A)	 	that the form or forms and terms of such Securities and Coupons, if any,
have been established in conformity with the provisions of this Indenture;
	 
	 	(B)	 	that all conditions precedent to the authentication and delivery of such
Securities and Coupons, if any, appertaining thereto, have been complied with and
that such Securities, and Coupons, when completed by appropriate insertion and
executed and delivered by the Company to the Trustee for authentication pursuant to
this Indenture, and authenticated and delivered by the Trustee and issued by the
Company in the manner and subject to any conditions specified in such Opinion of
Counsel, will constitute legally valid and binding obligations of the Company,
enforceable against the Company in accordance with their terms, subject to
bankruptcy, insolvency, reorganization,

18

 

	 	 	 	moratorium, fraudulent transfer or other similar laws affecting the enforcement of
creditors’ rights generally, and subject to general principles of equity (regardless
of whether enforcement is sought in a proceeding in equity or at law) and will
entitle the Holders thereof to the benefits of the Indenture; such Opinion of
Counsel need express no opinion as to the availability of equitable remedies;
	 
	 	(C)	 	that all laws and requirements in respect of the execution and delivery
by the Company of such Securities and Coupons, if any, have been complied with; and
	 
	 	(D)	 	as to such other matters as the Trustee may reasonably request; and

	 	(2)	 	an Officers’ Certificate stating that, to the best knowledge of the Persons executing
such certificate, no Event of Default with respect to any of the Securities shall have
occurred and be continuing.

     If all the Securities of any series are not to be issued at one time, it shall not be
necessary to deliver an Opinion of Counsel and an Officers’ Certificate at the time of issuance of
each Security, but such opinion and certificate, with appropriate modifications, shall be delivered
at or before the time of issuance of the first Security of such series.

     The Trustee shall not be required to authenticate or to cause an Authenticating Agent to
authenticate any Securities if the issue of such Securities pursuant to this Indenture will affect
the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise
in a manner which is not reasonably acceptable to the Trustee or if the Trustee, being advised by
counsel, determines that such action may not lawfully be taken or if the Trustee in good faith
shall determine that such action would expose the Trustee to personal liability to existing
Holders.

     Each Registered Security shall be dated the date of its authentication. Each Bearer Security
and any temporary Bearer Security in global form shall be dated as of the date specified as
contemplated by Section 301.

     No Security or Coupon shall be entitled to any benefit under this Indenture or be valid or
obligatory for any purpose, unless there appears on such Security a certificate of authentication
substantially in the form provided for in section 202 or 611 executed by or on behalf of the
Trustee by the manual signature of one of its authorized officers, and such certificate upon any
Security shall be conclusive evidence, and the only evidence, that such Security has been duly
authenticated and delivered hereunder. Except as permitted by Section 307 or 308, the Trustee shall
not authenticate and deliver any Bearer Security unless all appurtenant Coupons for interest then
matured have been detached and cancelled.

     Section 305. Temporary Securities.

     Pending the preparation of definitive Securities of any series, the Company may execute and
deliver to the Trustee and, upon Company Order the Trustee shall authenticate and deliver, in the
manner provided in Section 304, temporary Securities of such series which are printed,
lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination,
substantially of the tenor of the definitive Securities in lieu of which they are issued, in
registered form or, if authorized, in bearer form with one or more Coupons or without Coupons and
with such appropriate insertions, omissions, substitutions and other variations as the officers of
the Company executing such Securities may determine, as conclusively evidenced by their execution
of such Securities. In the case of Securities of any series, such temporary Securities may be in
global form.

19

 

     Except in the case of temporary Securities in global form, which shall be exchanged in
accordance with the provisions thereof, if temporary Securities of any series are issued, the
Company shall cause definitive Securities of such series to be prepared without unreasonable delay.
After the preparation of definitive Securities of any series, the temporary Securities of such
series, if any, shall be exchangeable upon request for definitive Securities of such series
containing identical terms and provisions upon surrender of the temporary Securities of such series
at an office or agency of the Company maintained for such purpose pursuant to Section 1002, without
charge to any Holder. Upon surrender for cancellation of any one or more temporary Securities of
any series (accompanied by any unmatured Coupons appertaining thereto), the Company shall execute
and the Trustee shall authenticate and deliver in exchange therefor a like principal amount of
definitive Securities of authorized denominations of the same series containing identical terms and
provisions; PROVIDED, HOWEVER, that no definitive Bearer Security, except as provided pursuant to
Section 301, shall be delivered in exchange for a temporary Registered Security; and PROVIDED,
FURTHER, that a definitive Bearer Security shall be delivered in exchange for a temporary Bearer
Security only in compliance with the conditions set forth herein or therein. Unless otherwise
specified as contemplated by Section 301 with respect to a temporary global Security, until so
exchanged the temporary Securities of any series shall in all respects be entitled to the same
benefits under this Indenture as definitive Securities of such series.

     Section 306. Registration, Transfer and Exchange.

     With respect to the Registered Securities of each series, if any, the Company shall cause to
be kept, at an office or agency of the Company maintained pursuant to Section 1002, a register
(each such register being herein sometimes referred to as the “Security Register”) in which,
subject to such reasonable regulations as it may prescribe, the Company shall provide for the
registration of the Registered Securities of each series and of transfers of the Registered
Securities of such series. In the event that the Trustee shall not be the Security Registrar, it
shall have the right to examine the Security Register at all reasonable times. First Financial
Bank, National Association, Cincinnati, Ohio is hereby initially appointed as Security Registrar
for each series of Securities. In the event that First Financial Bank, National Association shall
cease to be Security Registrar with respect to a series of Securities, the Trustee shall have the
right to examine the Security Register for such series at all reasonable times.

     Upon surrender for registration of transfer of any Registered Security of any series at any
office or agency of the Company maintained for such series pursuant to Section 1002, the Company
shall execute, and the Trustee shall authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Registered Securities of the same series of any
authorized denominations, of a like aggregate principal amount bearing a number not
contemporaneously outstanding and containing identical terms and provisions.

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

     If specified as contemplated by Section 301 with respect to Securities of any series, at the
option of the Holder, Bearer Securities of such series may be exchanged for Registered Securities
of such series containing identical terms and provisions, of any authorized denominations and
aggregate principal amount, upon surrender of the Bearer Securities to be exchanged at any such
office or agency for such series, with all unmatured Coupons and all matured Coupons in default
thereto appertaining. If the Holder of a Bearer Security is unable to produce any such unmatured
Coupon or Coupons or matured Coupon or

20

 

Coupons in default, such exchange may be effected if the Bearer Securities are accompanied by
payment in funds acceptable to the Company and the Trustee in an amount equal to the face amount of
such missing Coupon or Coupons, or the surrender of such missing Coupon or Coupons may be waived by
the Company and the Trustee if there is furnished to them such Security or indemnity as they may
require to save each of them and any Paying Agent harmless. If thereafter the Holder of such
Security shall surrender to any Paying Agent any such missing Coupon in respect of which such a
payment shall have been made, such Holder shall be entitled to receive the amount of such payment;
PROVIDED, HOWEVER, that, except as otherwise provided in Section 1002, interest represented by
Coupons shall be payable only upon presentation and surrender of those Coupons at an office or
agency for such series located outside the United States. Notwithstanding the foregoing, in case a
Bearer Security of any series is surrendered at any such office or agency in exchange for a
Registered Security of such series and like tenor after the close of business at such office or
agency on (i) any Regular Record Date and before the opening of business at such office or agency
on the relevant Interest Payment Date, or (ii) any Special Record Date and before the opening of
business at such office or agency on the related date for payment of Defaulted Interest, such
Bearer Security shall be surrendered without the Coupon relating to such Interest Payment Date or
proposed date of payment, as the case may be (or, if such Coupon is so surrendered with such Bearer
Security, such Coupon shall be returned to the person so surrendering the Bearer Security), and
interest or Defaulted Interest, as the case may be, will not be payable on such Interest Payment
Date or proposed date for payment, as the case may be, in respect of the Registered Security issued
in exchange for such Bearer Security, but will be payable only to the Holder of such Coupon when
due in accordance with the provisions of this Indenture.

     If specified as contemplated by Section 301 with respect to Securities of any series, at the
option of the Holder, Registered Securities of such series may be exchanged for Bearer Securities
upon such terms and conditions as may be provided pursuant hereto with respect to such series.

     Whenever any Securities are so surrendered for exchange as contemplated by the immediately
preceding two paragraphs, the Company shall execute, and the Trustee shall authenticate and
deliver, the Securities which the Holder making the exchange is entitled to receive.

     Notwithstanding the foregoing, except as otherwise specified as contemplated by Section 301,
any global Security of any series shall be exchangeable for Securities of such series only if (i)
the  Depository is at any time unwilling or unable or ineligible to continue as
Depository and a successor depository is not appointed by the Company within 90 days of
the date the Company is so notified in writing, (ii) the Company executes and delivers to the
Trustee a Company Order to the effect that such global Security shall be so exchangeable, or (iii)
an Event of Default has occurred and is continuing with respect to the Securities. If the
beneficial owners of interests in a global Security are entitled to exchange such interests for
Securities of such series and of like tenor and principal amount of any authorized form and
denomination, as specified as contemplated by Section 301, then without unnecessary delay but in
any event not later than the earliest date on which such interests may be so exchanged, the Company
shall deliver to the Trustee definitive Securities of that series in aggregate principal amount
equal to the principal amount of such global Security, executed by the Company. On or after the
earliest date on which such interests may be so exchanged, such global Security shall be
surrendered from time to time by the U.S. Depository or such other depository as shall be specified
in the Company Order with respect thereto, and in accordance with instructions given to the Trustee
and the U.S. Depository or such other depository, as the case may be (which instructions shall be
in writing but need not comply with Section 102 or be accompanied by an Opinion of Counsel), as
shall be specified in the Company Order with respect thereto to the Trustee, as the Company’s agent
for such purpose, to be exchanged, in whole or in part, for definitive Securities of the same
series without charge. The Trustee shall authenticate and make available for delivery, in exchange
for each portion of such surrendered global Security, a like aggregate principal amount of
definitive Securities of the same series of authorized

21

 

denominations and of like tenor as the portion of such global Security to be exchanged which
(unless the Securities of such series are not issuable both as Bearer Securities and as Registered
Securities, in which case the definitive Securities exchanged for the global Security shall be
issuable only in the form in which the Securities are issuable, as specified as contemplated by
Section 301) shall be in the form of Bearer Securities or Registered Securities, or any combination
thereof, as shall be specified by the beneficial owner thereof; PROVIDED, HOWEVER, that no such
exchanges may occur during a period beginning at the opening of business 15 days before any
selection of Securities of such series to be redeemed and ending on the relevant Redemption Date;
and provided, further, that (unless otherwise specified as contemplated by Section 301) no Bearer
Security delivered in exchange for a portion of a global Security shall be mailed or otherwise
delivered to any location in the United States. Promptly following any such exchange in part, such
global Security shall be returned by the Trustee to such Depository or the U.S. Depository, as the
case may be, or such other Depository or U.S. Depository referred to above in accordance with the
instructions of the Company referred to above. If a Registered Security is issued in exchange for
any portion of a global Security after the close of business at the office or agency where such
exchange occurs on (i) any Regular Record Date and before the opening of business at such office or
agency on the relevant Interest Payment Date, or (ii) any Special Record Date and before the
opening of business at such office or agency on the related proposed date for payment of interest
or Defaulted Interest, as the case may be, interest will not be payable on such Interest Payment
Date or proposed date for payment, as the case may be, in respect of such Registered Security, but
will be payable on such Interest Payment Date or proposed date for payment, as the case may be,
only to the Person to whom interest in respect of such portion of such global Security is payable
in accordance with the provisions of this Indenture.

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

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

     No service charge shall be made for any registration of transfer or exchange, redemption or
conversion of Securities, but the Company may require payment of a sum sufficient to cover any tax
or other governmental charge that may be imposed in connection with any registration of transfer or
exchange of Securities, other than exchanges pursuant to Section 305, 906 or 1107 not involving any
transfer.

     Except as otherwise specified as contemplated by Section 301, the Company shall not be
required (i) to issue, register the transfer of or exchange any Securities of any series during a
period beginning at the opening of business 15 days before the day of the selection for redemption
of Securities of such series under Section 1103 and ending at the close of business on the day of
such selection, or (ii) to register the transfer of or exchange any Registered Security so selected
for redemption in whole or in part, except in the case of any Security to be redeemed in part, the
portion thereof not to be redeemed, or (iii) to exchange any Bearer Security so selected for
redemption except, to the extent provided with respect to such Security, that such a Bearer
Security may be exchanged for a Registered Security of that series, provided that such Registered
Security shall be immediately surrendered for redemption with written instruction for payment
consistent with the provisions of this Indenture or (iv) to issue, register the transfer of or
exchange any Security which, in accordance with its terms specified as contemplated by

22

 

Section 301, has been surrendered for repayment at the option of the Holder, except the
portion, if any, of such Security not to be repaid.

     Section 307. Mutilated, Destroyed, Lost and Stolen Securities.

     If any mutilated Security or a Security with a mutilated Coupon appertaining to it is
surrendered to the Trustee, subject to the provisions of this Section 307, the Company shall
execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the
same series containing identical terms and of like principal amount and bearing a number not
contemporaneously outstanding, with Coupons corresponding to the Coupons, if any, appertaining to
the surrendered Security.

     If there be delivered to the Company and to the Trustee (i) evidence to their satisfaction of
the destruction, loss or theft of any Security or Coupon, and (ii) such Security or indemnity as
may be required by them to save each of them and any agent of either of them harmless, then, in the
absence of notice to the Company or the Trustee that such Security or Coupon has been acquired by a
bona fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate
and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Security
or in exchange for the Security to which a destroyed, lost or stolen Coupon appertains with all
appurtenant Coupons not destroyed, lost or stolen, a new Security of the same series containing
identical terms and of like principal amount and bearing a number not contemporaneously
outstanding, with Coupons corresponding to the Coupons, if any, appertaining to such destroyed,
lost or stolen Security or to the Security to which such destroyed, lost or stolen Coupon
appertains.

     Notwithstanding the foregoing provisions of this Section 307, in case any such mutilated,
destroyed, lost or stolen Security or Coupon has become or is about to become due and payable, the
Company in its discretion may, instead of issuing a new Security, pay such Security or Coupon;
PROVIDED, HOWEVER, that payment of principal of (and premium, if any) and any interest on Bearer
Securities shall, except as otherwise provided in Section 1002, be payable only at an office or
agency located outside the United States and, unless otherwise specified as contemplated by Section
301, any interest on Bearer Securities shall be payable only upon presentation and surrender of the
Coupons appertaining thereto.

     Upon the issuance of any new Security under this Section, the Company may require the payment
of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation
thereto and any other expenses (including the fees and expenses of the Trustee) connected
therewith.

     Every new Security of any series, with its Coupons, if any, issued pursuant to this Section in
lieu of any destroyed, lost or stolen Security and its Coupons, if any, or the destroyed, lost or
stolen Coupon shall constitute a separate obligation of the Company, whether or not the destroyed,
lost or stolen Security and its Coupons, if any, or the destroyed, lost or stolen Coupon shall be
at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture
equally and proportionately with any and all other Securities of that series and their Coupons, if
any.

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

     Section 308. Payment of Interest; Interest Rights Preserved.

     Unless otherwise specified as contemplated by Section 301, interest on any Registered Security
which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall
be paid

23

 

to the Person in whose name that Security (or one or more Predecessor Securities) is
registered as of the close of business on the Regular Record Date for such interest. In case a
Bearer Security of any series is surrendered in exchange for a Registered Security of such series
after the close of business (at an office or agency in a Place of Payment for such series) on any
Regular Record Date and before the opening of business (at such office or agency) on the next
succeeding Interest Payment Date, such Bearer Security shall be surrendered without the Coupon
relating to such Interest Payment Date and interest will not be payable on such Interest Payment
Date in respect of the Registered Security issued in exchange of such Bearer Security, but will be
payable only to the Holder of such Coupon when due in accordance with the provisions of this
Indenture.

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

	 	(1)	 	The Company may elect to make payment of any Defaulted Interest to the Persons in
whose names the Registered Securities affected (or their respective Predecessor
Securities) are registered at the close of business on a Special Record Date for the
payment of such Defaulted Interest, which shall be fixed in the following manner. The
Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed
to be paid on each such Registered Security and the date of the proposed payment, and at
the same time the Company shall deposit with the Trustee an amount of money equal to the
aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make
arrangements satisfactory to the Trustee for such deposit on or prior to the date of the
proposed payment. Money will be held in trust for the benefit of the Persons entitled to
such Defaulted Interest as in this Clause provided. Thereupon, the Trustee shall fix a
Special Record Date for the payment of such Defaulted Interest which shall be not more
than 15 days and not less than 10 days prior to the date of the proposed payment and not
less than 10 days after the receipt by the Trustee of the notice of the proposed payment.
The Trustee shall promptly notify the Company of such Special Record Date and, in the name
and at the expense of the Company shall cause notice of the proposed payment of such
Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage
prepaid, to each Holder of such Registered Securities 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 mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose
names such Registered Securities (or their respective Predecessor Securities) are
registered at the close of business on such Special Record Date and shall no longer be
payable pursuant to the following Clause (2). In case a Bearer Security of any series is
surrendered at the office or agency in a Place of Payment for such series in exchange for
a Registered Security of such series after the close of business at such office or agency
on any Special Record Date and before the opening of business at such office or agency on
the related proposed date for payment of Defaulted Interest, such Bearer Security shall be
surrendered without the Coupon relating to such proposed date of payment and Defaulted
Interest will not be payable on such proposed date of payment in respect of the Registered
Security issued in exchange for such Bearer Security, but will be payable only to the
Holder of such Coupon when due in accordance with the provisions of this Indenture.
	 
	 	(2)	 	The Company may make payment of any Defaulted Interest in any other lawful manner not
inconsistent with the requirements of any Securities exchange on which such Securities may
be listed, and upon such notice as may be required by such exchange, if, after notice
given by

24

 

	 	 	 	the Company to the Trustee of the proposed payment pursuant to this Clause, such payment
shall be deemed practicable by the Trustee.

     At the option of the Company, interest on Registered Securities of any series that bear
interest may be paid by mailing a check to the address of the person entitled thereto as such
address shall appear in the Security Register.

     Subject to the foregoing provisions of this Section and Section 306, each Security delivered
under this Indenture upon registration of transfer of or in exchange for or in lieu of any other
Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried
by such other Security.

     Section 309. Persons Deemed Owners.

     Prior to due presentment of a Registered Security for registration of transfer, the Company,
the Trustee and any agent of the Company or the Trustee may treat the Person in whose name such
Registered Security is registered as the owner of such Registered Security for the purpose of
receiving payment of principal of (and premium, if any), and (subject to Sections 306 and 308)
interest on or any Additional Amounts with respect to, such Registered Security and for all other
purposes whatsoever, whether or not any payment with respect to such Registered Security be
overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be
affected by notice to the contrary.

     The Company, the Trustee and any agent of the Company or the Trustee may treat the bearer of
any Bearer Security and the bearer of any Coupon as the absolute owner of such Security or Coupon
for the purpose of receiving payment thereof or on account thereof and for all other purposes
whatsoever, whether or not any payment with respect to such Security or Coupon be overdue, and
neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by
notice to the contrary.

     Section 310. Cancellation.

     All Securities and Coupons surrendered for payment, redemption, registration of transfer or
exchange or for credit against any sinking fund payment shall, if surrendered to any Person other
than the Trustee or the Security Registrar, be delivered to the Trustee or the Security Registrar,
and any such Securities and Coupons and Securities and Coupons surrendered directly to the Trustee
or the Security Registrar for any such purpose shall be promptly cancelled by the Trustee or the
Security Registrar, as the case may be. The Company may at any time deliver to the Trustee or the
Security Registrar for cancellation any Securities previously authenticated and delivered hereunder
which the Company may have acquired in any manner whatsoever, and all Securities so delivered shall
be promptly cancelled by the Trustee or the Security Registrar, as the case may be. No Securities
shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this
Section, except as expressly permitted by this Indenture or as otherwise specified as contemplated
by Section 301. All cancelled Securities and Coupons held by the Trustee or the Security Registrar
shall be returned to the Company by the Trustee or the Security Registrar, as the case may be, upon
a Company Order. The Trustee shall promptly notify the Company of all cancelled Securities.

     Section 311. Computation of Interest.

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

25

 

     Section 312. CUSIP Numbers.

     The Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and
if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders;
PROVIDED that any such notice may state that no representation is made as to the correctness of
such numbers either as printed on the Securities or as contained in any notice of a redemption and
that reliance may be placed only on the other identification numbers printed on the Securities, and
any such redemption shall not be affected by any defect in or omission of such numbers. The Company
will promptly notify the Trustee of any change in the “CUSIP” numbers.

ARTICLE FOUR

SATISFACTION AND DISCHARGE

     Section 401. Satisfaction and Discharge of Indenture.

     Upon the direction of the Company by a Company Order, this Indenture shall cease to be of
further effect with respect to any series of Securities specified in such Company Order (except as
to any surviving rights of registration of transfer or exchange of Securities of such series herein
expressly provided for and any right to receive Additional Amounts, as provided in Section 1004),
and the Trustee, on receipt of a Company Order, at the expense of the Company, shall execute proper
instruments acknowledging satisfaction and discharge of this Indenture as to such series, when

	 	(1)	 	either

	 	(A)	 	all Securities of such series theretofore authenticated and delivered and
all Coupons appertaining thereto (other than (i) Coupons appertaining to Bearer
Securities of such series surrendered for exchange for Registered Securities of such
series and maturing after such exchange, whose surrender is not required or has been
waived as provided in Section 306, (ii) Securities and Coupons of such series which
have been destroyed, lost or stolen and which have been replaced or paid as provided
in Section 307, (iii) Coupons appertaining to Securities of such series called for
redemption and maturing after the relevant Redemption Date, whose surrender has been
waived as provided in Section 1107, and (iv) Securities and Coupons of such series
for whose payment money has theretofore been deposited in trust or segregated and
held in trust by the Company and thereafter repaid to the Company or discharged from
such trust, as provided in Section 1003) have been delivered to the Trustee for
cancellation; or
	 
	 	(B)	 	all Securities of such series and, in the case of (i) or (ii) below, any
such Coupons appertaining thereto not theretofore delivered to the Trustee for
cancellation

	 	(i)	 	have become due and payable, or
	 
	 	(ii)	 	will become due and payable at their Stated Maturity within one
year and such Securities are not convertible into other Securities, or
	 
	 	(iii)	 	if redeemable at the option of the Company, such Securities
are not convertible into other Securities and are to be called for redemption
within one year under arrangements satisfactory to the Trustee for the giving
of notice of redemption by the Trustee in the name, and at the expense, of the
Company,

26

 

	 	 	 	and the Company, in the case of (i), (ii) or (iii) above, has deposited or caused to be
deposited with the Trustee as trust funds in trust for the purpose, lawful money of the
United States Government Obligations which through the payment of interest and principal
or other amounts in respect thereof in accordance with their terms will provide not later
than the opening of business on the due dates of any payment of principal (and premium,
if any) and interest, or any Additional Amounts with respect thereto, or a combination
thereof, in an amount sufficient to pay and discharge the entire indebtedness on such
Securities and Coupons not theretofore delivered to the Trustee for cancellation, for
principal (and premium, if any) and interest, or any Additional Amounts with respect
thereto, to the date of such deposit (in the case of Securities which have become due and
payable) or to the Stated Maturity or Redemption Date, as the case may be;
	 
	 	(2)	 	the Company has paid or caused to be paid all other sums payable hereunder by the
Company; and
	 
	 	(3)	 	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel, each stating that all conditions precedent herein provided for relating to the
satisfaction and discharge of this Indenture as to such series have been complied with.

     In the event there are two or more Trustees hereunder, then the effectiveness of any such
instrument shall be conditioned upon receipt of such instruments from all Trustees hereunder.

     Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the
Company to the Trustee under Section 606 and, if money shall have been deposited with the Trustee
pursuant to subclause (B) of Clause (1) of this Section, the obligations of the Trustee under
Section 402 and the last paragraph of Section 1003 shall survive such satisfaction and discharge.

     Section 402. Application of Trust Money.

     Subject to the provisions of the last paragraph of Section 1003, all money deposited with the
Trustee pursuant to Section 401 or this section 402 shall be held in trust and applied by it, in
accordance with the provisions of the Securities, the Coupons and this Indenture, to the payment,
either directly or through any Paying Agent (including the Company acting as its own Paying Agent)
as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if
any) and any interest or any Additional Amounts for whose payment such money has been deposited
with the Trustee; but such money need not be segregated from other funds except to the extent
required by law.

     All monies deposited with the Trustee pursuant to Section 401 (and held by it or any Paying
Agent) for the payment of Securities subsequently converted shall be returned to the Company upon
Company Request.

     Section 403. Satisfaction, Discharge and Defeasance of Securities of Any Series.

     If pursuant to Section 301 provision is made for defeasance of Securities of any series
pursuant to Section 403, the Company shall be deemed to have paid and discharged the entire
indebtedness on all the Outstanding Securities of such series and the Trustee, at the expense of
the Company, shall execute proper instruments acknowledging satisfaction and discharge of such
indebtedness, when

	 	(1)	 	either

27

 

	 	(A)	 	with respect to all Outstanding Securities of such series and any Coupons
appertaining thereto,

	 	(i)	 	the Company has deposited or caused to be deposited with the
Trustee, as trust funds in trust for such purpose, an amount sufficient to pay
and discharge the entire indebtedness on all Outstanding Securities of such
series for principal (and premium, if any), any Additional Amounts, and
interest to the Stated Maturity or any Redemption Date as contemplated by the
penultimate paragraph of this Section 403, as the case may be; or
	 
	 	(ii)	 	with respect to any Series of Securities which are denominated
in United States dollars, the Company has deposited or caused to be deposited
with the Trustee, as obligations in trust for such purpose, such amount of
direct obligations of, or obligations the timely payment of the principal of
and interest on which are fully guaranteed by, the United States of America and
which are not callable at the option of the issuer thereof as will, together
with the income to accrue thereon without consideration of any reinvestment
thereof, be sufficient to pay and discharge the entire indebtedness on all
Outstanding Securities of such series for principal (and premium, if any), any
Additional Amounts, and interest to the stated Maturity or any Redemption Date
as contemplated by the penultimate paragraph of this Section 403; or

	 	(B)	 	the Company has properly fulfilled such other means of satisfaction and
discharge as is specified, as contemplated by Section 301, to be applicable to the
Securities of such series; and

	 	(2)	 	the Company has paid or caused to be paid all other sums payable hereunder with
respect to the Outstanding Securities of such series; and
	 
	 	(3)	 	the Company has delivered to the Trustee a certificate signed by a nationally
recognized firm of Independent Public Accountants certifying as to the sufficiency of the
amounts deposited pursuant to subsections (A) (i) or (ii) of this Section for payment of
the principal (and premium, if any) and interest on the dates such payments are due, an
Officers’ Certificate and an Opinion of Counsel, each such Certificate and opinion stating
that no Event of Default or event which with notice or lapse of time or both would become
an Event of Default with respect to such Securities shall have occurred and all conditions
precedent herein provided for relating to the satisfaction and discharge of the entire
indebtedness on all Outstanding Securities of any such series have been complied with; and
	 
	 	(4)	 	the Company has delivered to the Trustee

	 	(A)	 	a ruling from the Internal Revenue Service or an opinion of independent
counsel that the holders of the Securities of such series will not recognize income,
gain or loss for Federal income tax purposes as a result of such deposit, defeasance
and discharge and will be subject to Federal income tax on the same amount and in
the same manner and at the same times, as would have been the case if such deposit,
defeasance and discharge had not occurred; and

	 	(B)	 	if the Securities of such series are then listed on the Nasdaq Global
Select Market, an Opinion of Counsel that the Securities of such series will not be
delisted as a result of the exercise of this option.

28

 

     Any deposits with the Trustee referred to in subsection (1) (A) of this Section shall be
irrevocable and shall be made under the terms of an escrow trust agreement in form and substance
satisfactory to the Trustee. If any Outstanding Securities of such series are to be redeemed prior
to their Stated Maturity, whether pursuant to any optional redemption or repayment provisions or in
accordance with any mandatory sinking fund requirement, the Company shall make such arrangements as
are satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name,
and at the expense, of the Company.

     Upon the satisfaction of the conditions set forth in this Section 403 with respect to all the
Outstanding Securities of any series, the terms and conditions of such series, including the terms
and conditions with respect thereto set forth in this Indenture, other than the provisions of
Sections 306, 307, and 1002, other than the right of Holders of Securities and any Coupons of such
series to receive, from the trust fund described in this Section, payment of the principal (and
premium, if any) of, the interest on or any Additional Amounts with respect to such Securities and
Coupons (if any) appertaining thereto when such payments are due, other than any right of
conversion of such Securities and the rights, powers, duties and immunities of the Trustee
hereunder, shall no longer be binding upon, or applicable to, the Company except those
responsibilities and obligations which by the terms of the Indenture survive the termination of the
Indenture; PROVIDED that the Company shall not be discharged from any payment obligations in
respect of Securities of such series which are deemed not to be Outstanding under clause (iii) of
the definition thereof if such obligations continue to be valid obligations of the Company under
applicable law.

ARTICLE FIVE

REMEDIES

     Section 501. Events of Default.

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

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

	 
	 	(2)	 	default in the payment of the principal
 of (or premium,
if any, on) any Security of that series when
it becomes due and payable at its Maturity;

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

	 
	 	(4)	 	a court having jurisdiction in the premises shall enter a decree or order for relief
in respect of the Company or the Subsidiary Bank in an involuntary case under any
applicable bankruptcy, insolvency or other similar law now or hereafter in effect, and
adjudging it a bankrupt or insolvent or appointing a receiver, liquidator, assignee,
custodian, trustee, sequestrator (or similar official) of the Company or the Subsidiary
Bank or for any substantial part of its property, or ordering the winding-up or
liquidation of its affairs, and such decree or order shall remain unstayed and in effect
for a period of 60 consecutive days; 
	 
	 	(5)	 	the Company or the Subsidiary Bank shall commence a voluntary case under any
applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or
shall consent to the entry of an order for relief in any involuntary case under any such
law, or shall consent to the appointment of or taking possession by a receiver,
liquidator, assignee, trustee, custodian, sequestrator (or similar official) of the
Company or the Subsidiary Bank or for any substantial part of its property, or shall make
any general assignment for the benefit of creditors, or shall fail generally to pay its
debts as they become due or shall take any corporate action in furtherance of any of the
foregoing; or
	 
	 	(6)	 	any other Event of Default provided with respect to Securities of
that series.

29

 

     If an Event of Default with respect to Securities of any series occurs and is continuing, the
Trustee may in its discretion proceed to protect and enforce its rights and the rights of the
Holders of Securities of such series and any related Coupons 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 502. Acceleration of Maturity; Rescission and Annulment.

     If an Event of Default with respect to Securities of any series at the time outstanding occurs
and is continuing, then the Trustee or the Holders of not less than 25% in principal amount of the
Outstanding Securities of that series may declare the principal of all the Securities of that
series, or such lesser amount as may be provided for in the Securities of that series, to be due
and payable immediately, by a notice in writing to the Company (and to the Trustee if given by the
Holders), and upon any such declaration such principal or such lesser amount shall become
immediately due and payable.

     At any time after such a declaration of acceleration with respect to Securities of any series
has been made and before a judgment or decree for payment of the money due has been obtained by the
Trustee as hereinafter in this Article provided, the Holders of not less than a majority in
principal amount of the Outstanding Securities of that series, by written notice to the Company and
the Trustee, may rescind and annul such declaration and its consequences if

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

	 	(A)	 	all overdue installments of interest on and any Additional Amounts
payable in respect of all Securities of such series,
	 
	 	(B)	 	the principal of (and premium, if any, on) any Securities of such series
which have become due otherwise than by such declaration of acceleration and
interest thereon at the rate or rates borne by or provided for in such Securities,
	 
	 	(C)	 	to the extent that payment of such interest is lawful, interest upon
overdue installments of interest or any Additional Amounts at the rate or rates
borne by or provided for in such Securities, and
	 
	 	(D)	 	all sums paid or advanced by the Trustee hereunder and the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel as provided in Section 606 hereof; and

	 	(2)	 	all Events of Default with respect to Securities of such series, have been cured or
waived as provided in Section 513.

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

     Section 503. Collection of Indebtedness and Suits For Enforcement By Trustee.

     The Company covenants that if

	 	(1)	 	default is made in the payment of any installment of interest on or any Additional
Amounts payable in respect of any Security when such interest or Additional Amounts shall
have become due and payable and such default continues for a period of 30 days, or

30

 

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

the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such
Securities and any Coupons appertaining thereto, the whole amount then due and payable on such
Securities and Coupons for principal (and premium, if any) and interest or Additional Amounts, if
any, with interest upon the overdue principal (and premium, if any) and, to the extent that payment
of such interest shall be legally enforceable, upon overdue installments of interest or any
Additional Amounts, at the rate or rates borne by or provided for in such Securities, and, in
addition thereto, such further amount as shall be sufficient to cover the costs and expenses of
collection, including the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel.

     If the Company fails to pay such amounts forthwith 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 Company or any other obligor upon such Securities and collect the
moneys adjudged or decreed to be payable in the manner provided by law out of the property of the
Company or any other obligor upon such Securities, wherever situated.

     If an Event of Default with respect to Securities of any series occurs and is continuing, the
Trustee may in its discretion proceed to protect and enforce its rights and the rights of the
Holders of Securities of such series and any Coupons appertaining thereto 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 such
Securities or in aid of the exercise of any power granted herein, or to enforce any other proper
remedy.

     Section 504. Trustee May File Proofs of Claim.

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

	 	(1)	 	to file and prove a claim for the whole amount or such lesser amount as may be
provided for in the Securities of such series, of principal (and premium, if any) and
interest and any Additional Amounts owing and unpaid in respect of the Securities and any
Coupons appertaining thereto and to file such other papers or documents as may be
necessary or advisable in order to have the claims of the Trustee (including any claim for
the reasonable compensation, expenses, disbursements and advances of the Trustee, its
agents or counsel) and of the Holders allowed in such judicial proceeding, and
	 
	 	(2)	 	to collect and receive any moneys or other property payable or deliverable on any
such claims and to distribute the same;

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Holder of Securities or Coupons 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 of Securities or Coupons, to pay to the Trustee any amount
due to it for the reasonable

31

 

compensation, expenses, disbursements and advances of the Trustee, its agents and counsel and any
other amounts due the Trustee under Section 606.

     Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to
or accept or adopt on behalf of any Holder of a Security or Coupon any plan of reorganization,
arrangement, adjustment or composition affecting the Securities or Coupons or the rights of any
Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Holder of a
Security or Coupon in any such proceeding.

     Section 505. Trustee May Enforce Claims Without Possession of Securities or Coupons.

     All rights of action and claims under this Indenture or any of the Securities or coupons may
be prosecuted and enforced by the Trustee without the possession of any of the Securities or
Coupons 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 or judgment, after provision for the payment of the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, shall be for the ratable benefit
of the Holders of the Security and Coupon in respect of which such judgment has been recovered.

     Section 506. Application of Money Collected.

     Any money collected by the Trustee pursuant to this Article 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 (and premium, if any), interest or any Additional Amounts, upon presentation
of the Securities or Coupons, or both, as the case may be, 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 and any predecessor
Trustee under Section 606;
	 
	 	 
	SECOND:

	 	To the payment of the amounts then due and unpaid upon the
Securities and Coupons for principal (and premium, if any) and
interest or any Additional Amounts payable in respect of which or
for the benefit of which such money has been collected, ratably,
without preference or priority of any kind, according to the
aggregate amounts due and payable on such Securities and Coupons
for principal (and premium, if any), interest or any Additional
Amounts, respectively;
	 
	 	 
	THIRD:

	 	The balance, if any, to the Company.

     Section 507. Limitation on Suits.

     No Holder of any Security of any series or any related Coupons shall have any right to
institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the
appointment of a receiver or trustee, or for any other remedy hereunder, unless

	 	(1)	 	such Holder has previously given written notice to the Trustee of a continuing Event
of Default with respect to the Securities of such series;
	 
	 	(2)	 	the Holders of not less than 25% in principal amount of the Outstanding Securities of
that series shall have made written request to the Trustee to institute proceedings in
respect of such Event of Default in its own name as Trustee hereunder;

32

 

	 	(3)	 	such Holder or Holders have offered indemnity reasonably satisfactory to the Trustee
against the costs, expenses and liabilities to be incurred in compliance with such
request;
	 
	 	(4)	 	the Trustee for 60 days after its receipt of such notice, request and offer of
indemnity has failed to institute any such proceeding; and
	 
	 	(5)	 	no direction inconsistent with such written request has been given to the Trustee
during such 60-day period by the Holders of a majority in principal amount of the
Outstanding Securities of such series;

it being understood and intended that no one or more of such Holders shall have any right in any
manner whatever by virtue of, or by availing of, any provision of this Indenture or any Security to
affect, disturb or prejudice the rights of any other such Holders or Holders of Securities of any
other series, or to obtain or to seek to obtain priority or preference over any other Holders or to
enforce any right under this Indenture, except in the manner herein provided and for the equal and
ratable benefit of all such Holders.

     Section 508. Unconditional Right of Holders to Receive Principal, Premium, Interest and
Additional Amounts.

     Notwithstanding any other provision in this Indenture, the Holder of any Security or Coupon
shall have the right, which is absolute and unconditional, to receive payment of the principal of
(and premium, if any) and (subject to Sections 306 and 308) interest on or any Additional Amounts
in respect of such Security or payment of such Coupon on the respective Stated Maturity or
Maturities specified in such Security or Coupon (or, in the case of redemption, on the Redemption
Date) and to institute suit for the enforcement of any such payment, and such right shall not be
impaired without the consent of such Holder.

     Section 509. Restoration of Rights and Remedies.

     If the Trustee or any Holder of a Security or Coupon has instituted any proceeding to enforce
any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for
any reason, or has been determined adversely to the Trustee or to such Holder, then and in every
such case the Company, the Trustee and each such Holder 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 each such Holder shall continue as though no
such proceeding had been instituted.

     Section 510. Rights and Remedies Cumulative.

     Except as otherwise provided with respect to the replacement or payment of mutilated,
destroyed, lost or stolen Securities or Coupons in the last paragraph of Section 307, no right or
remedy herein conferred upon or reserved to the Trustee or to the Holders of a Security or Coupon
is intended to be exclusive of any other right or remedy, and every right and remedy, to the extent
permitted by law, shall 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.

33

 

     Section 511. Delay or Omission Not Waiver.

     No delay or omission of the Trustee or of any Holder of any Security or coupon to exercise any
right or remedy accruing upon any Event of Default shall impair any such right or remedy or
constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy
given by this Article or by law to the Trustee or to the Holders of Securities or Coupons may be
exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the
Holders of Securities or Coupons, as the case may be.

     Section 512. Control By Holders.

     The Holders of a majority in principal amount of the Outstanding Securities of any series
shall have the right to direct the time, method and place of conducting any proceeding for any
remedy available to the Trustee or exercising any trust or power conferred on the Trustee with
respect to the Securities of such series and any Coupons appertaining thereto, PROVIDED that

	 	(1)	 	such direction shall not be in conflict with any rule of law or with this Indenture,
	 
	 	(2)	 	the Trustee may take any other action deemed proper by the Trustee which is not
inconsistent with such direction, and
	 
	 	(3)	 	such direction is not unduly prejudicial to the rights of other Holders of Securities
of such series.

     Section 513. Waiver of Past Defaults.

     The Holders of not less than a majority in principal amount of the outstanding Securities of
any series may on behalf of the Holders of all the Securities of such Series and any Coupons
appertaining thereto waive any past default hereunder with respect to such series and its
consequences, except a default

	 	(1)	 	in the payment of the principal of (and premium, if any) or interest on or Additional
Amounts payable in respect of any Security of such series or any Coupons appertaining
thereto, or
	 
	 	(2)	 	in respect of a covenant or provision hereof which under Article Nine cannot be
modified or amended without the consent of the Holder of each Outstanding Security of such
series affected.

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

     Section 514. Waiver of Stay or Extension Laws.

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

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ARTICLE SIX

THE TRUSTEE

     Section 601. Notice of Defaults.

     Within 90 days after the occurrence of any default hereunder with respect to the Securities of
any series, the Trustee shall transmit to the Holders in the manner and to the extent provided in
Section 313(c) of the Trust Indenture Act, notice of such default hereunder known to a Responsible
Officer of 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 premium, if any) or
interest on, or any Additional Amounts with respect to, any Security of such series or in the
payment of any sinking fund installment with respect to Securities 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 in
good faith determine that the withholding of such notice is in the interests of the Holders of
Securities and Coupons of such series.

     Section 602. Certain Rights of Trustee.

     Subject to the provisions of Sections 315(a) through 315(d) of the Trust Indenture Act:

	 	(1)	 	the Trustee may conclusively rely and shall be protected in acting or refraining from
acting upon any resolution, certificate, statement, instrument, opinion, report, notice,
request, direction, consent, order, bond, debenture, note, or other paper or document
reasonably believed by it to be genuine and to have been signed or presented by the proper
party or parties;
	 
	 	(2)	 	any request or direction of the Company mentioned herein shall be sufficiently
evidenced by a Company Request or a Company Order (other than delivery of any Security,
together with any Coupons appertaining thereto to the Trustee for authentication and
delivery pursuant to Section 304 which shall be sufficiently evidenced as provided
therein) and any resolution of the Board of Directors may be sufficiently evidenced by a
Board Resolution or Board Resolutions;
	 
	 	(3)	 	whenever in the administration of this Indenture the Trustee shall deem it desirable
that a matter be proved or established prior to taking, suffering or omitting any action
hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in
the absence of bad faith on its part, conclusively rely upon an Officers’ Certificate;
	 
	 	(4)	 	the Trustee may consult with counsel of its selection and the advice of such counsel
or any Opinion of Counsel shall be full and complete authorization and protection in
respect of any action taken, suffered or omitted by it hereunder in good faith and in
reliance thereon;
	 
	 	(5)	 	the Trustee shall be under no obligation to exercise any of the rights or powers
vested in it by this Indenture at the request or direction of any of the Holders of
Securities of any series or any Coupons appertaining thereto pursuant to this Indenture,
unless such Holders shall have offered to the Trustee reasonable Security or indemnity
satisfactory to it against the costs, expenses and liabilities which might be incurred by
it in compliance with such request or direction;

35

 

	 	(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 Company, personally or by agent or attorney at the sole cost to the Company and
shall incur no liability or additional liability of any kind by reason of such inquiry or
investigation;
	 
	 	(7)	 	the Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys and the Trustee shall not
be responsible for any misconduct or negligence on the part of any agent or attorney
appointed with due care by it hereunder;
	 
	 	(8)	 	the Trustee shall not be liable for any action taken, suffered, omitted to be taken
by it in good faith and reasonably believed by it to be authorized or within the
discretion or rights or powers conferred upon it by this Indenture;
	 
	 	(9)	 	the Trustee shall not be deemed to have notice of any Default or Event of Default
unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written
notice of any event which is in fact such a default is received by the Trustee at the
Corporate Trust Office of the Trustee, and such notice references the Securities and this
Indenture; and
	 
	 	(10)	 	the rights, privileges, protections, immunities and benefits given to the Trustee,
including, without limitation, its right to be indemnified, are extended to, and shall be
enforceable by, the Trustee in each of its capacities hereunder, and to each agent,
custodian and other Person employed to act hereunder.

     Section 603. Not Responsible For Recitals or Issuance of Securities.

     The recitals contained herein and in the Securities, except the Trustee’s certificate of
authentication, and in any coupons shall be taken as the statements of the Company and neither the
Trustee nor any Authenticating Agent assumes responsibility for their correctness. The Trustee
makes no representations as to the validity or sufficiency of this Indenture or of the Securities
or Coupons, except that the Trustee represents that it is duly authorized to execute and deliver
this Indenture, authenticate the Securities and perform its obligations hereunder and that the
statements made by it in a Statement of Eligibility and Qualification on Form T-l supplied to the
Company are true and accurate, subject to the qualifications set forth therein. The Trustee or any
Authenticating Agent shall not be accountable for the use or application by the Company of
Securities or the proceeds thereof.

     Section 604. May Hold Securities.

     The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other
Person that may be an agent of the Trustee or the Company, in its individual or any other capacity,
may become the owner or pledgee of Securities and Coupons and, subject to Sections 310(b) and 311
of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have
if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other
Person.

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     Section 605. 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 and shall be held uninvested. The Trustee shall be under no liability
for interest on any money received by it hereunder except as otherwise agreed with the Company.

     Section 606. Compensation and Reimbursement.

     The Company agrees

	 	(1)	 	to pay to the Trustee from time to time such compensation for all services rendered
by it hereunder as shall be mutually agreed upon by the Company and the Trustee in writing
(which compensation shall not be limited by any provision of law in regard to the
compensation of a trustee of an express trust);
	 
	 	(2)	 	except as otherwise expressly provided herein, to reimburse the Trustee upon its
request for all reasonable expenses, disbursements and advances incurred or made by the
Trustee 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 may be attributable to its negligence
or bad faith; and
	 
	 	(3)	 	to indemnify each of the Trustee and any predecessor Trustee and its agents for, and
to hold them harmless against, any loss, liability, claim, damage or expense including
taxes (other than taxes based upon, measured by or determined by the income of the
Trustee) incurred without negligence or bad faith on their part, arising out of or in
connection with the acceptance or administration of the trust or trusts hereunder,
including the costs and expenses of defending themselves against any claim or liability in
connection with the exercise or performance of any of their powers or duties hereunder.

     As Security for the performance of the obligations of the Company under this Section, the
Trustee shall have a lien prior to the Securities of any series upon all property and funds held or
collected by the Trustee as such, except funds held in trust for the payment of principal of (or
premium, if any) or interest on Securities. When the Trustee incurs expenses or renders services
after an Event of Default occurs, the expenses and compensation for the services of the Trustee are
intended to constitute expenses of administration under any bankruptcy law or any similar federal
or state law for the relief of debtors.

     The provisions of this Section 606 shall survive the termination of this Indenture and the
resignation or removal of the Trustee.

     Section 607. Corporate Trustee Required; Eligibility; Conflicting Interests.

     There shall at all times be a Trustee hereunder that is a corporation permitted by Section
310(a)(1) and (5) of the Trust Indenture Act to act as trustee under the Trust Indenture Act and
that has a combined capital and surplus (computed in accordance with Section 310(a)(2) of the Trust
Indenture Act) of at least $50,000,000. If at any time the Trustee shall cease to be eligible in
accordance with the provisions of this Section, it shall resign immediately in the manner and with
the effect hereinafter specified in this Article. If the Trustee has or shall acquire any
conflicting interest, as defined in Section 310(b) of the Trust Indenture Act, with respect to the
Securities of any series, the Trustee shall take such action as is required pursuant to said
Section 310(b).

37

 

     Section 608. Resignation and Removal; Appointment of Successor.

     (a) No resignation or removal of the Trustee and no appointment of a successor Trustee
pursuant to this Article shall become effective until the acceptance of appointment by the
successor Trustee pursuant to Section 609.

     (b) The Trustee may resign at any time with respect to the Securities of one or more series by
giving written notice thereof to the Company. If the instrument of acceptance by a successor
Trustee required by Section 609 shall not have been delivered to the Trustee within 30 days after
the giving of such notice of resignation, the resigning Trustee may petition, at the expense of the
Company, any court of competent jurisdiction for the appointment of a successor Trustee with
respect to such series.

     (c) The Trustee may be removed at any time with respect to the Securities of any series by Act
of the Holders of a majority in principal amount of the Outstanding Securities of such series,
delivered to the Trustee and the Company. If an instrument of acceptance by a successor Trustee
shall not have been delivered to the Trustee within 30 days after the giving of such notice of
removal, the Trustee being removed may petition, at the expense of the Company, any court of
competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of
such series.

     (d) If at any time:

	 	(1)	 	the Trustee shall fail to comply with the obligations imposed upon it under Section
310(b) of the Trust Indenture Act after written request therefor by the Company or by any
Holder of a Security who has been a bona fide Holder of a Security for at least six
months, or
	 
	 	(2)	 	the Trustee shall cease to be eligible under Section 607 and shall fail to resign
after written request therefor by the Company or by any such Holder of a Security, or
	 
	 	(3)	 	the Trustee shall become incapable of acting or shall be adjudged a bankrupt or
insolvent or a receiver of the Trustee or of its property shall be appointed or any public
officer shall take charge or control of the Trustee or of its property or affairs for the
purpose of rehabilitation, conservation or liquidation,

then, in any such case, (a) the Company, by or pursuant to Board Resolution, may remove the Trustee
with respect to all Securities, or (b) subject to Section 315(c) of the Trust Indenture Act any
Holder of a Security who has been a bona fide Holder of a Security of any series for at least six
months may, on behalf of himself and all others similarly situated, petition any court of competent
jurisdiction for the removal of the Trustee with respect to all Securities of such series and the
appointment of a successor Trustee or Trustees.

     (e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy
shall occur in the office of Trustee for any cause, with respect to the Securities of one or more
series, the Company, by or pursuant to Board Resolutions, shall promptly appoint a successor
Trustee or Trustees with respect to the Securities of that or those series (it being understood
that any such successor Trustee may be appointed with respect to the Securities of one or more or
all of such series and that at any time there shall be only one Trustee with respect to the
Securities of any particular series) and shall comply with the applicable requirements of Section
609. If, within one year after such resignation, removal or incapability, or the occurrence of such
vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act
of the Holders of a majority in principal amount of the Outstanding Securities of such series
delivered to the Company and the retiring Trustee, the successor Trustee so appointed shall,
forthwith upon its acceptance of such appointment in accordance with the applicable

38

 

requirements of Section 609, become the successor Trustee with respect to the Securities of
such series and to that extent supersede the successor Trustee appointed by the Company. If no
successor Trustee with respect to the Securities of any series shall have been so appointed by the
Company or the Holders of Securities and accepted appointment in the manner required by Section
609, any Holder of a Security who has been a bona fide Holder of a Security of such series for at
least six months may, on behalf of himself and all others similarly situated, petition any court of
competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of
such series.

     (f) The Company shall give notice of each resignation and each removal of the Trustee with
respect to the Securities of any series and each appointment of a successor Trustee with respect to
the Securities of any series by mailing written notice of such event by first-class mail, postage
prepaid, to the Holders of Registered Securities, if any, of such series as their names and
addresses appear in the Security Register and, if Securities of such series are issued as Bearer
Securities, by publishing notice of such event once in an Authorized Newspaper in each Place of
Payment located outside the United States. Each notice shall include the name of the successor
Trustee with respect to the Securities of such series and the address of its Corporate Trust
Office.

     Section 609. Acceptance of Appointment By Successor.

     (a) In case of the appointment hereunder of a successor Trustee with respect to all
Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the
Company and the retiring Trustee an instrument accepting such appointment, and thereupon the
resignation or removal of the retiring Trustee shall become effective and such successor Trustee,
without any further act, deed or conveyance, shall become vested with all the rights, powers,
trusts and duties of the retiring Trustee; but, on the request of the Company and/or the successor
Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an
instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring
Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and
money held by such retiring Trustee hereunder, subject nevertheless to its claim, if any, provided
for in Section 606.

     (b) In case of the appointment hereunder of a successor Trustee with respect to the Securities
of one or more (but not all) series, the Company, the retiring Trustee and each successor Trustee
with respect to the Securities of one or more series shall execute and deliver an indenture
supplemental hereto wherein each successor Trustee shall accept such appointment and which (1)
shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to
vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee
with respect to the Securities of that or those series to which the appointment of such successor
Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall
contain such provisions as shall be deemed necessary or desirable to confirm that all the rights,
powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those
series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring
Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be
necessary to provide for or facilitate the administration of the trusts hereunder by more than one
Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute
such Trustees co-trustees of the same trust, 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 that no Trustee shall be responsible for any notice given to, or received by, or
any act or failure to act on the part of any other Trustee hereunder, 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, such retiring Trustee shall with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates have
no further responsibility for the exercise of rights and powers or for the performance of the
duties and obligations vested in the Trustee under this Indenture other than as hereinafter
expressly

39

 

set forth, and each such successor Trustee without any further act, deed or conveyance, shall
become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect
to the Securities of that or those series to which the appointment of such successor Trustee
relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly
assign, transfer and deliver to such successor Trustee, to the extent contemplated by such
supplemental indenture, the property and money held by such retiring Trustee hereunder with respect
to the Securities of that or those series to which the appointment of such successor Trustee
relates.

     (c) Upon request of any such successor Trustee, the Company shall execute any and all
instruments for more fully and certainly vesting in and confirming to such successor Trustee all
such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may
be.

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

     Section 610. 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
such corporation shall be otherwise qualified and eligible under this Article, without the
execution or filing of any paper or any further act on the part of any of the parties hereto. In
case any Securities shall have been authenticated, but not delivered, by the Trustee then in
office, any successor by merger, conversion or consolidation to such authenticating Trustee may
adopt such authentication and deliver the Securities so authenticated with the same effect as if
such successor Trustee had itself authenticated such Securities.

     Section 611. Appointment of Authenticating Agent.

     The Trustee may appoint an Authenticating Agent or Authenticating Agents, which may be an
Affiliate of the Company, with respect to one or more series of Securities which shall be
authorized to act on behalf of the Trustee to authenticate Securities of that or those series
issued upon original issue or exchange, registration of transfer or partial redemption thereof or
pursuant to Section 307, and Securities so authenticated shall be entitled to the benefits of this
Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee
hereunder. Wherever reference is made in this Indenture to the authentication and delivery of
Securities by the Trustee or the Trustee’s certificate of authentication, such reference shall be
deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent
and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent.

     Each Authenticating Agent shall be acceptable to the Company and, except as specified as
contemplated by Section 301, shall at all times be a corporation that would be permitted by Section
310(a) (1) and (5) of the Trust Indenture Act to be able to act as a trustee under an indenture
qualified under the Trust Indenture Act, is authorized under applicable law and by its charter to
act as such and that has a combined capital and surplus (computed in accordance with Section 310(a)
(2) of the Trust Indenture Act) of not less that $50,000,000. If at any time an Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section, such
Authenticating Agent shall resign immediately in the manner and with the effect specified in this
Section. If the Authenticating Agent has or shall acquire any conflicting interest, as defined in
Section 310(b) of the Trust Indenture Act, with respect to the Securities of any series, the
Authenticating Agent shall take action as is required pursuant to said Section 310 (b).

40

 

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

     An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee
and the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by
giving written notice thereof to such Authenticating Agent and the Company. Upon receiving such a
notice of resignation or upon such a termination, or in case at any time such Authenticating Agent
shall cease to be eligible in accordance with the provisions of this Section, the Trustee may
appoint a successor Authenticating Agent which shall be acceptable to the Company and shall (i)
mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of
Registered Securities, if any, of the series with respect to which such Authenticating Agent will
serve, as their names and addresses appear in the Security Register, and (ii) if Securities of the
series are issued as Bearer Securities, publish notice of such appointment at least once in an
Authorized Newspaper in the place where such successor Authenticating Agent has its principal
office if such office is located outside the United States. Any successor Authenticating Agent upon
acceptance of its appointment hereunder shall become vested with all the rights, powers and duties
of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent.
No successor Authenticating Agent shall be appointed unless eligible under the provisions of this
Section.

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

     The provisions of Sections 309, 603 and 604 shall be applicable to each Authenticating Agent.

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

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

	 	 	 	 	 	 	 
	Dated:	 	WILMINGTON TRUST COMPANY,	 	 
	 	 	not in its individual capacity but solely as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/
 

As Authenticating Agent
	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/
 

Authorized Signatory
	 	 

     If all of the Securities of any series may not be originally issued at one time, and if the
Trustee does not have an office capable of authenticating Securities upon original issuance located
in a Place of Payment where the Company wishes to have Securities of such series authenticated upon
original issuance, the Trustee, if so requested in writing (which writing need not comply with
Section 102) by the

41

 

Company, shall appoint in accordance with this Section an Authenticating Agent having an
office in a Place of Payment designated by the Company with respect to such series of Securities.

     The Trustee is hereby appointed as an Authenticating Agent.

ARTICLE SEVEN

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

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

     In accordance with Section 312(a) of the Trust Indenture Act, the Company will furnish or
cause to be furnished to the Trustee

	 	(1)	 	semi-annually, not later than 15 days after the Regular Record Date for interest for
each series of Securities, a list, in such form as the Trustee may reasonably require, of
the names and addresses of the Holders of Registered Securities of such series as of such
Regular Record Date, or if there is no Regular Record Date for interest for such series of
Securities, semi-annually, upon such dates as are set forth in the Board Resolution or
indenture supplemental hereto authorizing such series, and
	 
	 	(2)	 	at such other times as the Trustee may request in writing, within 30 days after the
receipt by the Company of any such request, a list of similar form and content as of a
date not more than 15 days prior to the time such list is furnished,

     provided, however, that so long as the Trustee is the Security Registrar no such list shall be
required to be furnished.

     Section 702. Preservation of Information; Communications to Holders.

     (a) The Trustee shall comply with the obligations imposed upon it pursuant to Section 312 of
the Trust Indenture Act.

     (b) Every Holder of Securities or Coupons, by receiving and holding the same, agrees with the
Company and the Trustee that neither the Company nor the Trustee nor any Paying Agent nor any
Security Registrar shall be held accountable by reason of the disclosure of any such information as
to the names and addresses of the Holders of Securities in accordance with Section 312 of the Trust
Indenture Act, regardless of the source from which such information was derived, and that the
Trustee shall not be held accountable by reason of mailing any material pursuant to a request made
under Section 312(b) of the Trust Indenture Act.

     Section 703. Reports By Trustee.

     (a) Within 60 days after May 15 of each year commencing with the year following the first
issuance of Securities pursuant to Section 301, if required by Section 313(a) of the Trust
Indenture Act, the Trustee shall transmit pursuant to Section 313(c) of the Trust Indenture Act a
brief report dated as of such May 15 with respect to any of the events specified in said Section
313(a) which may have occurred since the later of the immediately preceding May 15 and the date of
this Indenture.

     (b) The Trustee shall transmit the reports required by Section 313(a) of the Trust Indenture
Act at the times specified therein.

42

 

     (c) Reports pursuant to this Section shall be transmitted in the manner and to the Persons
required by Sections 313(c) and (d) of the Trust Indenture Act.

     Section 704. Reports By Company.

     The Company shall file with the Trustee and the Commission, and transmit to Holders such
information, documents and other reports, and such summaries thereof, as may be required pursuant
to the Trust Indenture Act at the time and in the manner pursuant to such Act; provided that such
information, documents or reports required to be filed with the Commission pursuant to Section 13
or Section 15(d) of the Securities Exchange Act of 1934 shall be filed with the Trustee within 15
days after the same is  filed with the Commission.

     Delivery of such reports, information and documents to the Trustee is for informational
purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any
information contained therein or determinable from information contained therein, including the
Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to
rely exclusively on Officers’ Certificates).

ARTICLE EIGHT

CONSOLIDATION, MERGER AND SALES

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

     Nothing contained in this Indenture or in any of the Securities shall prevent any
consolidation or merger of the Company with or into any other Person or Persons (whether or not
affiliated with the Company), or successive consolidations or mergers in which the Company or its
successor or successors shall be a party or parties, or shall prevent any conveyance, transfer or
lease of the property of the Company as an entirety or substantially as an entirety, to any other
Person (whether or not affiliated with the Company); PROVIDED, however, that:

	 	(1)	 	in case the Company shall consolidate with or merge into another Person or convey,
transfer or lease its properties and assets substantially as an entirety to any Person,
the entity formed by such consolidation or into which the Company is merged or the Person
which acquires by conveyance or transfer, or which leases, the properties and assets of
the Company substantially as an entirety shall be a corporation organized and existing
under the laws of the United States of America, any State thereof or the District of
Columbia and shall expressly assume, by an indenture (or indentures, if at such time there
is more than one Trustee) supplemental hereto, executed and delivered by the successor
Person to the Trustee, in form satisfactory to the Trustee, the due and punctual payment
of the principal of (and premium, if any) and interest on or any Additional Amounts in
respect of all the Securities and the performance of every other covenant of this
Indenture on the part of the Company to be performed or observed;
	 
	 	(2)	 	immediately after giving effect to such transaction and treating any indebtedness
which becomes an obligation of the Company or a Subsidiary as a result of such transaction
as having been incurred by the Company or such Subsidiary at the time of such transaction,
no Event of Default, and no event which, after notice or lapse of time or both, would
become an Event of Default, shall have happened and be continuing; and

43

 

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

     Section 802. Successor Corporation Substituted For Company.

     Upon any consolidation or merger or any conveyance, transfer or lease of the properties and
assets of the Company substantially as an entirety to any Person in accordance with Section 801,
the successor Person formed by such consolidation or into which the Company is merged or to which
such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may
exercise every right and power of, the Company under this Indenture with the same effect as if such
successor Person had been named as the Company herein, and thereafter, except in the case of a
lease to another Person, the predecessor Person shall be relieved of all obligations and covenants
under this Indenture and the Securities and the Coupons.

ARTICLE NINE

SUPPLEMENTAL INDENTURES

     Section 901. Supplemental Indentures Without Consent of Holders.

     Without the consent of any Holders of Securities or Coupons, the Company, when authorized by
Board Resolutions, and the Trustee, at any time and from time to time, may enter into one or more
indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following
purposes:

	 	(1)	 	to evidence the succession of another Person to the Company, and the assumption by
any such successor of the covenants of the Company herein and in the Securities; or
	 
	 	(2)	 	to add to the covenants of the Company for the benefit of the Holders of all or any
series of Securities (and if such covenants are to be for the benefit of less than all
series of Securities, stating that such covenants are expressly being included solely for
the benefit of such series) or to surrender any right or power herein conferred upon the
Company; or
	 
	 	(3)	 	to add to or change any of the provisions of this Indenture to provide that Bearer
Securities may be registrable as to principal, to change or eliminate any restrictions on
the payment of principal (or premium, if any) on Registered Securities or of principal (or
premium, if any) or any interest on Bearer Securities, to permit Registered Securities to
be exchanged for Bearer Securities or to permit or facilitate the issuance of Securities
in uncertified form, PROVIDED any such action shall not adversely affect the interests of
the Holders of Securities of any series or any Coupons appertaining thereto in any
material respect; or
	 
	 	(4)	 	to establish the form or terms of Securities of any series and any Coupons
appertaining thereto as permitted by Sections 201 and 301; or
	 
	 	(5)	 	to evidence and provide for the acceptance of appointment hereunder by a successor
Trustee with respect to the Securities of one or more series and to add to or change any
of the provisions of this Indenture as shall be necessary to provide for or facilitate the
administration of the trusts hereunder by more than one Trustee, pursuant to the
requirements of Section 609 (b) ; or

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	 	(6)	 	to cure any ambiguity, to correct or supplement any provision herein which may be
defective or inconsistent with any other provision herein, or to make any other provisions
with respect to matters or questions arising under this Indenture which shall not be
inconsistent with the provisions of this Indenture and which shall not adversely affect
the interest of the Holders of Securities of any series or any related coupons in any
material respect; or
	 
	 	(7)	 	to add to, delete from or revise the conditions, limitations and restrictions on the
authorized amount, terms or purposes of issue, authentication and delivery of Securities,
as herein set forth; or
	 
	 	(8)	 	to add any additional Events of Default;
	 
	 	(9)	 	to modify, eliminate or add to the provisions of this Indenture to such extent as
shall be necessary to conform the obligations of the Company and the Trustee under this
Indenture to the obligations imposed on such Persons hereunder pursuant to the Trust
Indenture Act or under any similar federal statute hereafter enacted and rules or
regulations of the Commission thereunder;
	 
	 	(10)	 	to make provisions with respect to the conversion rights of Holders of Convertible
Securities pursuant to the requirements of Section 1606; or
	 
	 	(11)	 	to modify, delete or add to any of the provisions of this Indenture other than as
contemplated by clauses (1) through (9) of this Section; provided that any such
modification, deletion or addition shall become effective only with respect to series of
Securities established pursuant to Section 301 after the effective date of such
modification, deletion or addition.

     Section 902. Supplemental Indentures With Consent of Holders.

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

	 	(1)	 	change the Stated Maturity of the principal of, or any installment of interest on,
any Security, or reduce the principal amount thereof or the rate of interest thereon or
any Additional Amounts payable in respect thereof, or any premium payable upon the
redemption thereof, or change the obligation of the Company to pay Additional Amounts
pursuant to Section 1004 (except as contemplated by Section 801(1) and permitted by
Section 901(1)), or reduce the amount of the principal of an Original Issue Discount
Security that would be due and payable upon a declaration of acceleration of the Maturity
thereof pursuant to Section 502, or change the Place of Payment, coin or currency in which
any Security or any premium or the interest thereon is payable, or impair the right to
institute suit for the enforcement of any such payment on or after the Stated Maturity
thereof (or, in the case of redemption, on or after the Redemption Date), or
	 
	 	(2)	 	reduce the percentage in principal amount of the Outstanding Securities of any
series, the consent of whose Holders is required for any such supplemental indenture, or
the consent of

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	 	 	 	whose Holders is required for any waiver (of compliance with certain provisions of this
Indenture or certain defaults hereunder and their consequences) provided for in this
Indenture, or reduce the requirements of Section 1404 for quorum or voting, or
	 
	 	(3)	 	modify any of the provisions of this section, or Sections 512, 513 or Section 1011,
except to increase any such percentage or to provide that certain other provisions of this
Indenture cannot be modified or waived without the consent of the Holder of each
Outstanding Security affected thereby.

     The Company may, but shall not be obligated to, fix a record date for the purposes of
determining the Persons entitled to consent to any indenture supplemental hereto. If a record date
is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons,
shall be entitled to consent to such supplemental indenture, whether or not such Holders remain
Holders after such record date; PROVIDED, that unless such consent shall have become effective by
virtue of the requisite percentage having been obtained prior to the date which is 90 days after
such record date, any such consent previously given shall automatically and without further action
by any Holder be cancelled and of no further effect.

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

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

     Section 903. Execution of Supplemental Indentures.

     As a condition to executing, or accepting the additional trusts created by, any supplemental
indenture permitted by this Article or the modifications thereby of the trust created by this
Indenture, the Trustee shall be provided with, and (subject to Section 315 of the Trust Indenture
Act) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of
such supplemental indenture is authorized or permitted by this Indenture and that it complies with
the terms of this Indenture. The Trustee may, but shall not be obligated to, enter into any such
supplemental indenture which affects the Trustee’s own rights, duties or immunities under this
Indenture or otherwise.

     Section 904. Effect of Supplemental Indentures.

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

     Section 905. Conformity With Trust Indenture Act.

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

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     Section 906. Reference in Securities to Supplemental Indentures.

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

     Section 907. Subordination Unimpaired.

     No supplemental indenture entered into under this Article Nine shall modify, directly or
indirectly, the provisions of Article Fifteen or the definition of Senior Indebtedness in Section
101 in any manner that might alter or impair the subordination of the Securities with respect to
Senior Indebtedness then outstanding, unless each holder of such Senior Indebtedness has consented
thereto in writing.

ARTICLE TEN

COVENANTS

     Section 1001. Payment of Principal, Premium, If Any, and Interest.

     The Company covenants and agrees for the benefit of the Holders of each series of Securities
that it will duly and punctually pay the principal of (and premium, if any), interest on or any
Additional Amounts payable in respect of the Securities of that series in accordance with the terms
of such series of Securities, any Coupons appertaining thereto and this Indenture. Any interest due
on and any Additional Amounts payable in respect of Bearer Securities on or before Maturity, other
than Additional Amounts, if any, payable as provided in Section 1004 in respect of principal of (or
premium, if any, on) such a Security, shall be payable only upon presentation and surrender of the
several coupons for such interest installments as are evidenced thereby as they severally mature.

     Section 1002. Maintenance of Office or Agency.

     The Company will maintain in each Place of Payment for any series of Securities an office or
agency where Securities of such series (but not Bearer Securities, except as otherwise provided
below, unless such Place of Payment is located outside the United States) may be presented or
surrendered for payment, where Securities of that series may be surrendered for registration of
transfer or exchange and where notices and demands to or upon the Company in respect of the
Securities of that series and this Indenture may be served. If Securities of a series are issuable
as Bearer Securities, the Company shall maintain, subject to any laws or regulations applicable
thereto, an office or agency in a Place of Payment for such series which is located outside the
United States where Securities of such series and the related Coupons may be presented and
surrendered for payment (including payment of any Additional Amounts payable on Securities of such
series pursuant to Section 1004); PROVIDED, HOWEVER, that if the Securities of such series are
listed on The Stock Exchange of the United Kingdom and the Republic of Ireland or the Luxembourg
Stock Exchange or any other stock exchange located outside the United States and such stock
exchange shall so require, the Company will maintain a Paying Agent in London, Luxembourg or any
other required city located outside the United States, as the case may be, so long as the
Securities of such series are listed on such exchange. The Company will give prompt written notice
to the Trustee of the location, and any change in the location, of such office or agency. If at any
time the Company shall fail to maintain any such required office or agency or shall fail to furnish
the Trustee with the address thereof, such presentations, surrenders, notices and demands may be
made or served at the Corporate

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Trust Office of the Trustee, except that Bearer Securities of that series and the related
Coupons may be presented and surrendered for payment (including payment of any Additional Amounts
payable on Bearer Securities of that series pursuant to Section 1004) at the place specified for
the purpose pursuant to Section 301, and the Company hereby appoints the Trustee as its agent to
receive all such presentations, surrenders, notices and demands.

     Except as otherwise specified as contemplated by Section 301, no payment of principal, premium
or interest on Bearer Securities shall be made at any office or agency of the Company in the United
States or by check mailed to any address in the United States or by transfer to an account
maintained with a bank located in the United States; PROVIDED, HOWEVER, payment of principal of and
any premium and interest in U.S. dollars (including Additional Amounts payable in respect thereof)
on any Bearer Security may be made at the Corporate Trust Office or any office or agency designated
by the Company if (but only if) payment of the full amount of such principal, premium, interest or
Additional Amounts at all offices outside the United States maintained for the purpose by the
Company in accordance with this Indenture is illegal or effectively precluded by exchange controls
or other similar restrictions.

     The Company may also from time to time designate one or more other offices or agencies where
the Securities of one or more series may be presented or surrendered for any or all such purposes
and may from time to time rescind such designations; PROVIDED, HOWEVER, that no such designation or
rescission shall in any manner relieve the Company of their obligation to maintain an office or
agency in each Place of Payment for Securities of any series for such purposes. The Company will
give prompt written notice to the Trustee of any such designation or rescission and of any change
in the location of any such other office or agency. Unless otherwise specified as contemplated by
Section 301, the Company hereby designates as the Place of Payment for each series the Corporate
Trust Office of the Trustee. Pursuant to Section 301(9) of this Indenture, the Company may
subsequently appoint a place or places where such Securities may be payable.

     Section 1003. Money For Securities Payments to Be Held in Trust.

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

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

     The Company will cause each Paying Agent for any series of Securities other than the Trustee
to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the
Trustee, subject to the provisions of this Section, that such Paying Agent will:

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

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	 	(2)	 	give the Trustee notice of any default by the Company (or any other obligor upon the
Securities of that series) in the making of any payment of principal (and premium, if any)
or interest on the Securities of that series; 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 Company may at any time, for the purpose of obtaining the satisfaction and discharge of
this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay,
to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by
the Trustee upon the same terms as those upon which such sums were held by the Company or such
Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be
released from all further liability with respect to such money.

     Except as otherwise provided hereby or pursuant hereto, any money deposited with the Trustee
or any Paying Agent, or then held by the Company, in trust for the payment of the principal of (and
premium, if any) or interest and Additional Amounts on any Security of any series and remaining
unclaimed for two years after such principal (and premium, if any) or interest has become due and
payable shall be paid to the Company on Company Request, or (if then held by the Company) shall be
discharged from such trust; and the Holder of such Security or any Coupon appertaining thereto
shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof,
and all liability of the Trustee or such Paying Agent with respect to such trust money, and all
liability of the Company as trustee thereof, shall thereupon cease; PROVIDED, HOWEVER, that the
Trustee or such Paying Agent, before being required to make any such repayment, may at the expense
of the Company cause to be published once, in an Authorized Newspaper in each Place of Payment for
such series or to be mailed to Holders of Registered Securities for such series, or both, notice
that such money remains unclaimed and that, after a date specified therein, which shall not be less
than 30 days from the date of such publication or mailing nor shall it be later than two years
after such principal (and premium, if any) or interest has become due and payable, any unclaimed
balance of such money then remaining will be repaid to the Company.

     Section 1004. Additional Amounts.

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

     Except as otherwise provided herein or pursuant hereto, if the Securities of a series provide
for the Payment of Additional Amounts, at least 10 days prior to the first Interest Payment Date
with respect to such series of Securities (or if the Securities of that series shall not bear
interest prior to Maturity, the first day on which a payment of principal (and premium, if any, is
made), and at least 10 days prior to each date of payment of principal (and premium, if any) or
interest if there has been any change with respect to the matters set forth in the below-mentioned
Officers’ Certificate, the Company will furnish the Trustee and the principal Paying Agent or
Paying Agents, if other than the Trustee, an Officers’ Certificate
instructing the Trustee and such Paying Agent or Paying Agents whether such payment of
principal (and 

49

 

premium, if any) of or interest on the Securities of that series shall be made to
Holders of Securities of that series or the Coupons appertaining thereto who are United States
Aliens without withholding for or on account of any tax, assessment or other governmental charge
described in the Securities of that series. If any such withholding shall be required, then such
Officers’ Certificate shall specify by country the amount, if any, required to be withheld on such
payments to such Holders of Securities or Coupons and the Company agrees to pay to the Trustee or
such Paying Agent the Additional Amounts required by this Section. The Company covenants to
indemnify the Trustee and any Paying Agent for, and to hold them harmless against, any loss,
liability or expense reasonably incurred without negligence or bad faith on their part arising out
of or in connection with actions taken or omitted by any of them in reliance on any Officers’
Certificate furnished pursuant to this Section.

     Section 1005. Statement As To Compliance; Notice of Certain Defaults.

     (a) The Company will, in addition to the reports required by Section 704(4), deliver to the
Trustee, within 120 days after the end of each fiscal year (which on the date hereof ends on
December 31), a written statement, which need not comply with Section 102, signed by the Chairman
of the Board, a Deputy Chairman, Vice Chairman, the President or a Vice President and by the
Treasurer or an Assistant Treasurer of the Company, stating, as to each signer thereof, that

	 	(1)	 	a review of the activities of the Company during such year and of performance under
this Indenture has been made under his supervision, and
	 
	 	(2)	 	to the best of his knowledge, based on such review, (a) the Company has fulfilled all
of its obligations under this Indenture throughout such year, or, if there has been a
default in the fulfillment of any such obligation, specifying each such default known to
him and the nature and status thereof, and (b) no event has occurred and is continuing
which is, or after notice or lapse of time or both would become, an Event of Default, or,
if such an event has occurred and is continuing, specifying each such event known to him
and the nature and status thereof.

     (b) The Company will deliver to the Trustee as soon as possible, and in any event, within five
days after the occurrence thereof, written notice of any event which after notice or lapse of time
or both would become an Event of Default.

     Section 1006. Payment of Taxes and Other Claims.

     The Company will pay or discharge or cause to be paid or discharged, before the same shall
become delinquent, (1) all taxes, assessments and governmental charges levied or imposed upon the
Company or any Subsidiary or upon the income, profits or property of the Company or any Subsidiary,
and (2) all lawful claims for labor, materials and supplies which, if unpaid, might by law become a
lien upon the property of the Company or any subsidiary; PROVIDED, HOWEVER, that the Company shall
not be required to pay or discharge or cause to be paid or discharged any such tax, assessment,
charge or claim whose amount, applicability or validity is being contested in good faith by
appropriate proceedings.

     Section 1007. Corporate Existence.

     Subject to Article Eight, the Company will do or cause to be done all things necessary to
preserve and keep in full force and effect its corporate existence, rights (charter and statutory)
and franchises and the corporate existence, rights (charter and statutory) and franchises of the
Subsidiary Bank; PROVIDED, HOWEVER, that the Company shall not be required to preserve any such
corporate existence, right or franchise if the Company shall determine that the preservation
thereof is no longer desirable in the

50

 

conduct of the business of the Company and its Subsidiaries considered as a whole and that the
loss thereof is not disadvantageous in any material respect to the Holders.

     Section 1008. Waiver of Certain Covenants.

     The Company may omit in any particular instance to comply with any term, provision or
condition set forth in Section 1006 with respect to the Securities of any series if before the time
for such compliance the Holders of at least a majority in principal amount of the Outstanding
Securities of such series shall, by Act of such Holders, either waive such compliance in such
instance or generally waive compliance with such term, provision or condition, but no such waiver
shall extend to or affect such term, provision or condition except to the extent so expressly
waived, and, until such waiver shall become effective, the obligations of the Company and the
duties of the Trustee in respect of any such term, provision or condition shall remain in full
force and effect.

     Section 1009. Calculation of Original Issue Discount.

     The Company shall file with the Trustee promptly at the end of each calendar year (i) a
written notice specifying the amount of original issue discount (including daily rates and accrual
periods) accrued on Outstanding Securities as of the end of such year and (ii) such other specific
information relating to such original issue discount as may then be relevant under the Internal
Revenue Code of 1986, as amended from time to time.

ARTICLE ELEVEN

REDEMPTION OF SECURITIES

     Section 1101. Applicability of Article.

     Redemption of Securities of any series at the option of the Company as permitted or required
by the terms of such Securities shall be made in accordance with the terms of such Securities and
(except as otherwise provided herein or pursuant hereto) this Article.

     Section 1102. Election To Redeem; Notice To Trustee.

     The election of the Company to redeem any Securities shall be evidenced by Board Resolution.
In case of any redemption at the election of the Company of the Securities of any series, with the
same issue date, interest rate and Stated Maturity, the Company shall, at least 60 days prior to
the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the
Trustee), notify the Trustee of such Redemption Date and of the principal amount of Securities of
such series to be redeemed.

     Section 1103. Selection By Trustee of Securities To Be Redeemed.

     If less than all the Securities of any series with the same issue date, interest rate, Stated
Maturity and other terms are to be redeemed, the particular Securities to be redeemed shall be
selected not more than 60 days prior to the Redemption Date by the Trustee from the Outstanding
Securities of such series not previously called for redemption, by such method as the Trustee shall
deem fair and appropriate and which may provide for the selection for redemption of portions of the
principal amount of Registered Securities of such series; PROVIDED, HOWEVER, that no such partial
redemption shall reduce the portion of the principal amount of a Registered Security of such series
not redeemed to less than the minimum denomination for a Security of such series established herein
pursuant hereto.

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

     The Trustee shall promptly notify the Company and the Security Registrar (if other than
itself) in writing of the Securities selected for redemption and, in the case of any Securities
selected for partial redemption, the principal amount thereof to be redeemed.

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

     Section 1104. Notice of Redemption.

     Notice of redemption shall be given in the manner provided in Section 106, not less than 30
nor more than 60 days prior to the Redemption Date, unless a shorter period is specified in the
Securities to be redeemed, to the Holders of Securities to be redeemed. Failure to give notice by
mailing in the manner herein provided to the Holder of any Registered Securities designated for
redemption as a whole or in part, or any defect in the notice to any such Holder, shall not affect
the validity of the proceedings for the redemption of any other Securities or portion thereof.

     Any notice that is mailed to the Holder of any Registered Securities in the manner herein
provided shall be conclusively presumed to have been duly given, whether or not such Holder
receives the notice.

     All notices of redemption shall state:

	 	(1)	 	the Redemption Date,
	 
	 	(2)	 	the Redemption Price,
	 
	 	(3)	 	if less than all outstanding Securities of any series are to be redeemed, the
identification (and, in the case of partial redemption, the principal amount) of the
particular Securities to be redeemed,
	 
	 	(4)	 	in case any Registered Security is to be redeemed in part only, the notice which
relates to such Security shall state that on and after the Redemption Date, upon surrender
of such Security, the Holder of such Security will receive, without charge, a new
Registered Security or Registered Securities of authorized denominations for the principal
amount thereof remaining unredeemed,
	 
	 	(5)	 	in the case of Convertible Securities, the Conversion Price then in effect, the date
on which the right to convert the principal amount of the Securities or the portions
thereof to be redeemed will terminate and the place or places where such Securities may be
surrendered for conversion,
	 
	 	(6)	 	that on the Redemption Date the Redemption Price will become due and payable upon
each such Security to be redeemed only, as to Bearer Securities, against tender of such
Security and any Coupons appertaining thereto, and, if applicable, that interest thereon
and Additional Amounts, if any, shall cease to accrue on and after said date,

52

 

	 	(7)	 	the place or places where such Securities, together, in the case of Bearer Securities
with all Coupons appertaining thereto, if any, maturing after the Redemption Date, are to
be surrendered for payment of the Redemption Price,
	 
	 	(8)	 	that the redemption is for a sinking fund, if such is the case, and
	 
	 	(9)	 	the CUSIP number, if any.

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

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

     Section 1105. Deposit of Redemption Price.

     On or prior to any Redemption Date, the Company shall deposit with the Trustee or with a
Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as
provided in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except
if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional
Amounts with respect thereto, all the Securities or portions thereof which are to be redeemed on
that date.

     If any Convertible Security or portion thereof called for redemption is converted pursuant to
Article Fifteen, any money deposited with the Trustee or so segregated and held in trust for the
redemption of such Security or portion thereof shall (subject to any right of the Holder of the
Security on a Regular Record Date preceding such conversion to receive interest) be paid to the
Company upon Company Request or, if then held by the Company, shall be discharged from such trust.

     Section 1106. Securities Payable on Redemption Date.

     Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall,
on the Redemption Date, become due and payable at the Redemption Price therein specified, and from
and after such date (unless the Company shall default in the payment of the Redemption Price and
accrued interest) such Securities shall cease to bear interest and the Coupons for such interest
appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall
be void. Upon surrender of any such Security for redemption in accordance with said notice,
together with all Coupons, if any, appertaining thereto maturing after the Redemption Date, such
Security shall be paid by the Company at the Redemption Price, together with accrued interest (or
any Additional Amounts) to the Redemption Date; PROVIDED, HOWEVER, that installments of interest on
Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only
upon presentation and surrender of coupons for such interest (at an office or agency located
outside the United States except as otherwise provided in Section 1002), and PROVIDED, FURTHER,
that installments of interest on Registered Securities whose Stated Maturity is on or prior to the
Redemption Date shall be payable to the Holders of such Securities, or one or more Predecessor
Securities, registered as such at the close of business on the Regular Record Dates according to
their terms and the provisions of Section 308.

     If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant
Coupons maturing after the Redemption Date, such Security may be paid after deducting from the
Redemption Price an amount equal to the face amount of all such missing Coupons, or the surrender
of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be
furnished to

53

 

them such Security or indemnity as they may require to save each of them and any Paying Agent
harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying
Agent any such missing coupon in respect of which a deduction shall have been made from the
Redemption Price, such Holder shall be entitled to receive the amount so deducted; PROVIDED,
HOWEVER, that interest (or any Additional Amounts) represented by Coupons shall be payable only
upon presentation and surrender of those Coupons at an office or agency located outside of the
United States except as otherwise provided in Section 1002.

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

     Section 1107. Securities Redeemed in Part.

     Any Registered Security which is to be redeemed only in part shall be surrendered at any
office or agency of the Company maintained for that purpose pursuant to Section 1002 (with, if the
Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form
satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney
duly authorized in writing) and the Company shall execute and the Trustee shall authenticate and
deliver to the Holder of such Security without service charge, a new Registered Security or
Securities of the same series, containing identical terms and provisions, of any authorized
denomination as requested by such Holder in aggregate principal amount equal to and in exchange for
the unredeemed portion of the principal of the Security so surrendered. If a Security in global
form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver
to the U.S. Depository or other depository for such Security in global form as shall be specified
in the Company Order with respect thereto to the Trustee, without service charge, a new Security in
global form in a denomination equal to and in exchange for the unredeemed portion of the principal
of the Security in global form so surrendered.

     Section 1108. Conversion Arrangements on Call for Redemption.

     Notwithstanding anything to the contrary contained in this Indenture, in connection with any
redemption of Convertible Securities of any series, the Company, by an agreement with one or more
investment bankers or other purchasers, may arrange for such purchasers to purchase all such
Convertible Securities called for redemption (the “Called Securities”) which are either (i)
surrendered for redemption or (ii) not duly surrendered for redemption or conversion prior to the
close of business on the Redemption Date, and to convert the same into shares of Common Stock, by
the purchasers’ depositing with the Trustee (acting as Paying Agent with respect to the deposit of
such amount and as conversion agent with respect to the conversion of such Called Securities), in
trust for the Holders of the Called Securities, on or prior to the Redemption Date in the manner
agreed to by the Company and such purchasers, an amount sufficient to pay the Redemption Price,
payable by the Company on redemption of such Called Securities. In connection with any such
arrangement for purchase and conversion, the Trustee as Paying Agent shall pay on or after the
Redemption Date such amounts so deposited by the purchasers in exchange for Called Securities
surrendered for redemption prior to the close of business on the Redemption Date and for all Called
Securities surrendered after such Redemption Date. Notwithstanding anything to the contrary
contained in this Article Eleven, the obligation of the Company to pay the Redemption Price of such
Called Securities shall be satisfied and discharged to the extent such amount is so paid by such
purchasers. However, nothing in this Section 1108 shall in any way relieve the Company of the
obligation to pay such Redemption Price on all Called Securities to the extent such amount is not
so paid by said purchasers. For all purposes of this Indenture, any Called Securities surrendered
by the Holders for redemption, and any Called Securities not duly surrendered for redemption or
conversion prior to the
close of business on the 

54

 

Redemption Date, shall be deemed acquired by such purchasers from
such Holders and surrendered by such purchasers for conversion and shall in all respects be deemed
to have been converted, all as of immediately prior to the close of business on the Redemption
Date, subject to the deposit by the Purchasers of the above amount as aforesaid. Nothing in this
Section 1108 shall in any way limit the right of any Holder of a Security to convert his Security
pursuant to the terms of this Indenture and of such Security at any time prior to the close of
business on the Redemption Date applicable thereto.

ARTICLE TWELVE

SINKING FUNDS

     Section 1201. Applicability of Article.

     The provisions of this Article shall be applicable to any sinking fund for the retirement of
Securities of a series, except as otherwise permitted or required by any form of Security of such
series issued pursuant to this Indenture.

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

     Section 1202. Satisfaction of Sinking Fund Payments With Securities.

     The Company may, in satisfaction of all or any part of any sinking fund payment with respect
to the Securities of such series to be made pursuant to the terms of such Securities as provided
for by the terms of such series (1) deliver Outstanding Securities of such series (other than any
of such Securities previously called for redemption or any of such Securities in respect of which
cash shall have been released to the Company), together in the case of any Bearer Securities of
such series with all unmatured Coupons appertaining thereto, and (2) apply as a credit Securities
of such series which have been redeemed either at the election of the Company pursuant to the terms
of such series of Securities or through the application of permitted optional sinking fund payments
pursuant to the terms of such Securities, PROVIDED that such series of Securities have not been
previously so credited. Such Securities shall be received and credited for such purpose by the
Trustee at the Redemption Price specified in such Securities for redemption through operation of
the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. If as a
result of the delivery or credit of Securities of any series in lieu of cash payments pursuant to
this Section 1202, the principal amount of Securities of such series to be redeemed in order to
exhaust the aforesaid cash payment shall be less than $100,000, the Trustee need not call
Securities of such series for redemption, except upon Company Request, and such cash payment shall
be held by the Trustee or a Paying Agent and applied to the next succeeding sinking fund payment,
PROVIDED, HOWEVER, that the Trustee or such Paying Agent shall at the request of the Company from
time to time pay over and deliver to the Company any cash payment so being held by the Trustee or
such Paying Agent upon delivery by the Company to the Trustee of Securities of that series
purchased by the Company having an unpaid principal amount equal to the cash payment requested to
be released to the Company.

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     Section 1203. Redemption of Securities For Sinking Fund.

     Not less than 75 days prior to each sinking fund payment date for any series of Securities,
the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next
ensuing mandatory sinking fund payment for that series pursuant to the terms of that series, the
portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if
any, which is to be satisfied by delivering and crediting of Securities of that series pursuant to
Section 1202, and the optional amount, if any, to be added in cash to the next ensuing mandatory
sinking fund payment, and will also deliver to the Trustee any Securities to be so credited and not
theretofore delivered. If such Officers’ Certificate shall specify an optional amount to be added
in cash to the next ensuing mandatory sinking fund payment, the Company shall thereupon be
obligated to pay the amount therein specified. Not less than 60 days before each such sinking fund
payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment
date in the manner specified in Section 1103 and cause notice of the redemption thereof to be given
in the name of and at the expense of the Company in the manner provided in Section 1104. Such
notice having been duly given, the redemption of such Securities shall be made upon the terms and
in the manner stated in Sections 1106 and 1107.

ARTICLE THIRTEEN

REPAYMENT AT THE OPTION OF HOLDERS

     Section 1301. Applicability of Article.

     Securities of any series which are repayable at the option of the Holders thereof before their
Stated Maturity shall be repaid in accordance with the terms of the Securities of such series. The
repayment of any principal amount of Securities pursuant to such option of the Holder to require
repayment of Securities before their Stated Maturity, for purposes of Section 310, shall not
operate as a payment, redemption or satisfaction of the indebtedness represented by such Securities
unless and until the Company, at its option, shall deliver or surrender the same to the Trustee
with a directive that such Securities be cancelled. Notwithstanding anything to the contrary
contained in this Article Thirteen, in connection with any repayment of Securities, the Company may
arrange for the purchase of any Securities by an agreement with one or more investment bankers or
other purchasers to purchase such Securities by paying to the Holders of such Securities on or
before the close of business on the repayment date an amount not less than the repayment price
payable by the Company on repayment of such Securities, and the obligation of the Company to pay
the repayment price of such Securities shall be satisfied and discharged to the extent such payment
is so paid by such purchasers.

ARTICLE FOURTEEN

MEETINGS OF HOLDERS

     Section 1401. Purposes For Which Meetings May Be Called.

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

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     Section 1402. Call, Notice and Place of Meetings.

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

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

     Section 1403. Persons Entitled To Vote At Meetings.

     To be entitled to vote at any meeting of Holders of Securities of any series, a Person shall
be (1) a Holder of one or more Outstanding Securities of such series, or (2) a Person appointed by
an instrument in writing as proxy for a Holder or Holders of one or more Outstanding Securities of
such series by such Holder or Holders. The only Persons who shall be entitled to be present or to
speak at any meeting of Holders of Securities of any series shall be the Persons entitled to vote
at such meeting and their counsel, any representatives of the Trustee and its counsel and any
representatives of the Company and its counsel.

     Section 1404. Quorum; Action.

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

     Except as limited by the proviso to Section 902, any resolution presented to a meeting or
adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by
the affirmative vote of the Holders of a majority in principal amount of the Outstanding Securities
of that series; PROVIDED, HOWEVER, that, except as limited by the proviso to Section 902, any
resolution with respect to any request, demand, authorization, direction, notice, consent, waiver
or other action which this Indenture expressly provides may be made, given or taken by the Holders
of a specified
percentage, which is less than a majority, in principal amount of the Outstanding Securities
of a series

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may be adopted at a meeting or an adjourned meeting duly reconvened and at which a
quorum is present as aforesaid by the affirmative vote of the Holders of such specified percentage
in principal amount of the Outstanding Securities of that series.

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

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

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

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

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

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

     Section 1406. Counting Votes and Recording Action of Meetings.

     The vote upon any resolution submitted to any meeting of Holders of Securities of any series
shall be by written ballots on which shall be subscribed the signatures of the Holders of
Securities of such series or of their representatives by proxy and the principal amounts and serial
numbers of the Outstanding Securities of such series held or represented by them. The permanent
chairman of the meeting shall appoint two inspectors of votes who shall count all votes cast at the
meeting for or against any resolution and who shall make and file with the secretary of the meeting
their verified written reports in triplicate of all votes cast at the meeting.

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     A record, at least in triplicate, of the proceedings of each meeting of Holders of Securities
of any series shall be prepared by the secretary of the meeting and there shall be attached to said
record the original reports of the inspectors of votes on any vote by ballot taken thereat and
affidavits by one or more persons having knowledge of the facts setting forth a copy of the notice
of the meeting and showing that said notice was given as provided in Section 1402 and, if
applicable, Section 1404. Each copy shall be signed and verified by the affidavits of the permanent
chairman and secretary of the meeting and one such copy shall be delivered to the Company and
another to the Trustee to be preserved by the Trustee, the latter to have attached thereto the
ballots voted at the meeting. Any record so signed and verified shall be conclusive evidence of the
matters therein stated.

ARTICLE FIFTEEN

SUBORDINATION

     Section 1501. Securities Subordinated to Senior Indebtedness.

     The Company covenants and agrees, and each Holder of Securities, by its acceptance thereof,
likewise covenants and agrees, that the indebtedness evidenced by the Securities and the payment of
the principal of (and premium, if any) and interest on and any Additional Amounts payable in
respect thereof is hereby expressly subordinated, to the extent and in the manner hereinafter set
forth, in right of payment to the prior payment in full of Senior Indebtedness.

     Anything in this Indenture or in the Securities of any series to the contrary notwithstanding,
the indebtedness evidenced by the Securities shall be subordinate and junior in right of payment,
to the extent and in the manner hereinafter set forth, to all Senior Indebtedness:

	 	(1)	 	In the event of any insolvency or bankruptcy proceedings, and any receivership,
liquidation, reorganization, arrangement or other similar proceedings in connection
therewith, relative to the Company or to its property, and in the event of any proceedings
for voluntary liquidation, dissolution or other winding-up of the Company, whether or not
involving insolvency or bankruptcy, then the holders of Senior Indebtedness shall be
entitled to receive payment in full of all principal, premium and interest on all Senior
Indebtedness before the Holders of the Securities are entitled to receive any payment on
account of principal, premium, if any, interest or Additional Amounts upon the Securities,
and to that end (but subject to the power of a court of competent jurisdiction to make
other equitable provisions reflecting the rights conferred in the Securities upon Senior
Indebtedness and the Holders thereof with respect to the subordinated indebtedness
represented by the Securities and the Holders hereof by a lawful plan of reorganization
under applicable bankruptcy law) the holders of Senior Indebtedness shall be entitled to
receive for application in payment thereof any payment or distribution of any kind or
character, whether in cash or property or securities, which may be payable or deliverable
in any such proceedings in respect of the Securities after giving effect to any concurrent
payment or distribution in respect of such Senior Indebtedness, except securities which
are subordinate and junior in right of payment to the payment of all Senior Indebtedness
then outstanding;
	 
	 	(2)	 	In the event that any Security of any series is declared or otherwise becomes due and
payable before its expressed maturity because of the occurrence of an Event of Default
hereunder (under circumstances when the provisions of the foregoing clause (1) or the
following clause (3) shall not be applicable), the holders of Senior Indebtedness
outstanding at the time such Security so becomes due and payable because of such
occurrence of an Event of Default hereunder shall, so long as such declaration has not
been rescinded and annulled pursuant to

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	 	 	 	Section 502, be entitled to receive payment in full of all principal of, and premium and
interest on, all such Senior Indebtedness before the Holders of the Securities of such
series are entitled to receive any payment on account of principal of, premium, if any,
or interest and Additional Amounts on the Securities of such series. However, nothing
herein shall prevent the Holders of Securities from seeking any remedy allowed at law or
at equity so long as any judgment or decree obtained thereby makes provision for
enforcing this clause; and

	 	(3)	 	In the event that any default shall occur and be continuing with respect to any
Senior Indebtedness permitting the holders of such Senior Indebtedness to accelerate the
maturity thereof, if either

	 	(A)	 	notice of such default, in writing or by telegram, shall have been given
to the Company and to the Trustee, provided that judicial proceedings shall be
commenced in respect of such default within 180 days in the case of a default in
payment of principal or interest and within 90 days in the case of any other default
after the giving of such notice, and provided further that only one such notice
shall be given pursuant to this Section 1601(3) in any twelve months period, or
	 
	 	(B)	 	judicial proceedings shall be pending in respect of such default, the
Holders of the Securities and the Trustee for their benefit shall not be entitled to
receive any payment on account of principal, premium, if any, or interest and
Additional Amounts thereon (including any such payment which would cause such
default) unless payment in full of all principal of, and premium and interest on,
such Senior Indebtedness shall have been made or provided for. The Trustee,
forthwith upon receipt of any notice received by it pursuant to this Section
1601(3), shall, as soon as practicable, send a notice thereof to each Holder of
Securities at the time outstanding as the names and addresses of such Holders appear
on the Security Register.

     In case despite the foregoing provisions, any payment or distribution shall, in any such
event, be paid or delivered to any Holder of the Securities or to the Trustee for their benefit
before all Senior Indebtedness shall have been paid in full, such payment or distribution shall be
held in trust for and so paid and delivered to the holders of Senior Indebtedness (or their duly
authorized representatives) until all Senior Indebtedness shall have been paid in full.

     The Company shall give written notice to the Trustee within five days after the occurrence of
any insolvency, bankruptcy, receivership, liquidation, reorganization, arrangement or similar
proceeding of the Company within the meaning of this Section 1601. Upon any payment or distribution
of assets of the Company referred to in this Article Fifteen, the Trustee, subject to the
provisions of Section 315(a) through 315(b) of the Trust Indenture Act, and the Holders of the
Securities shall be entitled to rely upon a certificate of the trustee in bankruptcy, receiver,
assignee for the benefit of creditors or other liquidating agent making such payment or
distribution, delivered to the Trustee or to the Holders of Securities, for the purpose of
ascertaining the persons entitled to participate in such distribution, the holders of the Senior
Indebtedness and other indebtedness of the Company, the amount thereof or payable thereon, the
amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this
Article Fifteen.

     The Trustee shall be entitled to conclusively rely on the delivery to it of a written notice
by a person representing himself to be a holder of Senior Indebtedness (or a trustee or agent on
behalf of such holder) to establish that such notice has been given by a holder of Senior
Indebtedness (or a trustee or agent on behalf of any such holder). In the event that the Trustee
determines, in good faith, that further evidence is required with respect to the right of any
person as a holder of Senior Indebtedness to participate in any payment or distribution pursuant to
this Section 1601, the Trustee may request such person to furnish

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evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Indebtedness
held by such person, as to the extent to which such person is entitled to participate in such
payment or distribution, and as to other facts pertinent to the rights of such person under this
Section 1601, and if such evidence is not furnished, the Trustee may defer any payment to such
person pending judicial determination as to the right of such person to receive such payment.

     Section 1502. Subrogation.

     Subject to the payment in full of all Senior Indebtedness to which the indebtedness evidenced
by the Securities is in the circumstances subordinated as provided in Section 1601, the Holders of
the Securities shall be subrogated to the rights of the holders of such Senior Indebtedness to
receive payments or distributions of cash, property or securities of the Company applicable to such
Senior Indebtedness until all amounts owing on the Securities shall be paid in full. As between the
Company, its creditors other than holders of such Senior Indebtedness, and the Holders of the
Securities, no such payment or distribution made to the holders of such Senior Indebtedness by
virtue of this Article Fifteen which otherwise would have been made to the Holders of the
Securities shall be deemed to be a payment by the Company on account of such Senior Indebtedness,
it being understood that the provisions of this Article Fifteen are and are intended solely for the
purpose of defining the relative rights of the Holders of the Securities on the one hand, and the
holders of the Senior Indebtedness, on the other hand.

     Section 1503. Obligation of Company Unconditional.

     Nothing contained in this Article Fifteen or elsewhere in this Indenture or in the Securities,

	 	(1)	 	is intended to or shall impair as between its creditors other than the holders of
Senior Indebtedness and the Holders of the Securities, the obligation of the Company which
is absolute and unconditional, to pay to the Holders of the Securities the principal of
(and premium, if any), interest on, or any Additional Amounts with respect to, the
Securities as and when the same shall become due and payable in accordance with their
terms, or
	 
	 	(2)	 	is intended to or shall affect the relative rights of the Holders of the Securities
and creditors of the Company other than the holders of Senior Indebtedness, or
	 
	 	(3)	 	is intended to prevent the Trustee or the Holder of any Security from exercising all remedies
otherwise permitted by applicable law upon default under this Indenture, subject to the
rights, if any, under this Article Fifteen of the holders of Senior Indebtedness in
respect of cash, property or securities of the Company received upon
the exercise of any
such Security. Upon any payment or distribution of assets of the Company referred to in this Article
Fifteen, the Trustee and the Holders of the Securities shall be entitled to rely upon any
order or decree made by any court of competent jurisdiction in which any such dissolution,
winding up, liquidation or reorganization proceeding affecting the affairs of the Company
is pending or upon a certificate of the trustee in bankruptcy, receiver, assignee for the
benefit of creditors, liquidating trustee or agent or other person making any payment or
distribution, delivered to the Trustee or to the Holders of the Securities, for the
purpose of ascertaining the persons entitled to participate in such payment or
distribution, the holders of the Senior Indebtedness and other indebtedness of the Company
the amount thereof or payable thereon, the amount paid or distributed thereon and all
other facts pertinent thereto or to this Article Fifteen.

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     Section 1504. Payment on Securities Permitted.

     Nothing contained in this Article Fifteen or elsewhere in this Indenture, or in any of the
Securities, shall affect the obligation of the Company to make, or prevent the Company from making
payment of the principal of (or premium, if any), interest or any Additional Amounts on the
Securities in accordance with the provisions hereof and thereof, except as otherwise provided in
this Article Fifteen.

     Section 1505. Effectuation of Subordination by Trustee.

     Each Holder of Securities, by his or her acceptance thereof, authorizes and directs the
Trustee in his or her behalf to take such action as may be necessary or appropriate to effectuate
the subordination provided in this Article Fifteen and appoints the Trustee his or her
attorney-in-fact for any and all such purposes.

     Section 1506. Knowledge of Trustee.

     Notwithstanding the provisions of this Article Fifteen or any other provisions of this
Indenture, the Trustee shall not be charged with knowledge of the existence of any facts which
would prohibit the making of any payment of monies to or by the Trustee, or the taking of any other
action by the Trustee, unless and until the Trustee shall have received written notice thereof from
the Company, any Holder of the Securities, any paying agent of the Company or the holder or
representative of any class of Senior Indebtedness.

     Section 1507. Trustee’s Relation to Senior Indebtedness.

     Except as otherwise provided in the Trust Indenture Act, the Trustee shall be entitled to all
the rights set forth in this Article Fifteen with respect to any Senior Indebtedness at the time
held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in this
Indenture shall deprive the Trustee of any of its rights as such holder. Notwithstanding anything
in this Indenture or in the Securities of any series, nothing in this Article Fifteen shall apply
to claims of or payment to the Trustee under or pursuant to Sections 506 and 606.

     With respect to holders of Senior Indebtedness, the Trustee undertakes to perform or to
observe only such of its covenants and obligations as are specifically set forth in this Article
Fifteen, and no implied covenants or obligations with respect to the holders of Senior Indebtedness
shall be read into this Indenture against the Trustee. The Trustee shall not be deemed to owe any
fiduciary duty to the holders of Senior Indebtedness and the Trustee shall not be liable to any
holder of Senior Indebtedness if it shall pay over or deliver to Holders, the Company or any other
Person monies or assets to which any holder of Senior Indebtedness shall be entitled by virtue of
this Article Fifteen or otherwise.

     With respect to the holders of Senior Indebtedness, the Trustee undertakes to perform or to
observe only such of its covenants or obligations as are specifically set forth in this Article
Fifteen and no implied covenants or obligations with respect to holders of Senior Indebtedness
shall be read into this Indenture against the Trustee.

     No recourse may be taken with respect to the obligations of the Issuer or the Trustee against
the Trustee in its individual capacity.

62

 

     Section 1508. Rights of Holders of Senior Indebtedness Not Impaired.

     No right of any present or future holder of any Senior Indebtedness to enforce the
subordination herein shall at any time or in any way be prejudiced or impaired by any act or
failure to act on the part of the Company or by any non-compliance by the Company with the terms,
provisions or covenants of this Indenture, regardless of any knowledge thereof any such holder may
have or be otherwise charged with.

ARTICLE SIXTEEN

CONVERSION

     Section 1601. Conversion Privilege.

     Subject
to and upon compliance with the provisions of this Article Sixteen and the terms of
the Convertible Securities of the series proposed to be converted, at the option of the Holder, any
Convertible Security or any portion of the principal amount thereof which is $1,000 or an integral
multiple thereof, may be converted into shares of Common Stock, as said shares shall be constituted
at the Date of Conversion, at the Conversion Price for such Convertible Securities of such series
in effect at the Date of Conversion.

     Section 1602. Manner of Exercise of Convertible Privilege.

     In order to exercise the conversion privilege, the Holder of any Convertible Security to be
converted shall surrender such Convertible Security to the Company at its office or agency,
together with the conversion notice in the form provided on the Securities (or separate written
notice) duly executed, and, if so required by the Company, accompanied by instruments of transfer,
in form satisfactory to the Company and to the Trustee, duly executed by the Holder or by his duly
authorized attorney in writing. Any Registered Convertible Security so surrendered during the
period from the close of business on the Regular Record Date preceding an Interest Payment Date for
such Registered Convertible Security to the opening of business on such Interest Payment Date shall
(unless any such Registered Convertible Security or the portion thereof being converted shall have
been called for redemption on a Redemption Date during such period, in which event no interest
shall be payable with respect to such Registered Convertible Security or portion thereof, as the
case may be, following such Redemption Date) also be accompanied by payment in Clearing House funds
or other funds acceptable to the Company of an amount equal to the interest payable on such
Interest Payment Date on the principal amount of such Registered Convertible Security then being
converted; provided, however, that no such payment need be made if there shall exist, at the time
of conversion, a default in the payment of interest on the Convertible Securities of such series.
Except as provided in the immediately preceding sentence, no adjustment shall be made for interest
accrued on any Convertible Security that shall be converted or for dividends on any shares of
Common Stock that shall be delivered upon the conversion of such Convertible Securities. The funds
so delivered to such office or agency shall be paid to the Company on or after such Interest
Payment Date, unless the Company shall default in the payment of the interest due on such Interest
Payment Date, in which event such funds shall be repaid to the Person who delivered the same. As
promptly as practicable after the surrender of any Convertible Security for conversion as
aforesaid, the Company shall deliver at said office or agency to such Holder, or on his written
order, a certificate or certificates for the number of full shares deliverable upon the conversion
of such Convertible Security or portion thereof and a check or cash in respect of any fraction of a
share of Common Stock otherwise deliverable upon such conversion, all as provided in this Article
Sixteen, together with a Convertible Security or Convertible Securities of the same series in
principal amount equal to the unconverted and unredeemed portion, if any, of the Convertible
Security so converted in accordance with Section 306 hereof. Such conversion shall be deemed to
have been effected on the date on which such notice shall have been received at said office or

63

 

agency and such Convertible Security shall have been surrendered as aforesaid, and the Person
or Persons in whose name or names any certificate or certificates for shares of Common Stock shall
be deliverable upon such conversion shall be deemed to have become on said date the Holder or
Holders of record of the shares represented thereby, provided, however, that any such surrender on
any date when the stock transfer books of the Company shall be closed shall constitute the Person
or Persons in whose name or names the certificates are to be delivered as the record Holder or
Holders thereof for all purposes on the next succeeding day on which such stock transfer books are
open, but such conversion shall be at the Conversion Price in effect on the date of such surrender.

     Section 1603. Cash Adjustment Upon Conversion.

     The Company shall not be required to deliver fractions of shares of Common Stock upon
conversions of Convertible Securities. If more than one Convertible Security shall be surrendered
for conversion at one time by the same Holder, the number of full shares which shall be deliverable
upon conversion thereof shall be computed on the basis of the aggregate principal amount of the
Securities so surrendered. If any fractional interest in a share of Common Stock would be
deliverable upon the conversion of any Convertible Security or Securities, the Company shall make
an adjustment therefor in cash equal to the current market value of such fractional interest
computed to the nearest cent either on the basis of the last reported sale price regular way of the
Common Stock on the Nasdaq Global Select Market (or, if not listed on the Nasdaq Global Select
Market, then on such other exchange on which the shares of Common Stock are listed as the Company
may designate) on the last Business Day prior to the Date of Conversion or, if there shall not have
been a sale on such last Business Day, on the basis of the average of the bid and asked quotations
therefor on such exchange on such last Business Day or, if the Common Stock shall not then be
listed on any exchange, at the highest bid quotation in the over-the- counter market on such last
Business Day as reported by the National Association of Securities Dealers through NASDAQ, its
automated system for reporting quotes, or its successor or such other generally accepted source of
publicly reported bid and asked quotations as the Company may reasonably designate.

     Section 1604. Conversion Price.

     The Conversion Price applicable to any series of Convertible Securities shall be the initial
Conversion Price set forth on the Officers’ Certificate or supplemental indenture establishing such
series adjusted as provided in this Article Sixteen.

     Section 1605. Adjustment of Conversion Price.

     The Conversion Price applicable to any series of Convertible Securities shall be adjusted from
time to time as follows:

     (a) In case the Company shall, at any time or from time to time while the Securities of any
series are outstanding, (i) pay a dividend on its Common Stock in shares of Common Stock, (ii)
subdivide its outstanding shares of Common Stock into a larger number of shares, or (iii) combine
its outstanding Common Stock into a smaller number of shares, the Conversion Price for such series
in effect immediately prior thereto shall be adjusted so that the Holder of any Security of such
series thereafter surrendered for conversion shall be entitled to receive the number of shares of
Common Stock or other securities of the Company which he would have owned or have been entitled to
receive after the happening of any of the events described above, had such Convertible Security of
such series been converted immediately prior to the happening of such event. An adjustment made
pursuant to this subdivision (a) shall become effective, in the case of a dividend, on the payment
date retroactively to immediately after the opening of business on the day following the record
date for the determination of shareholders entitled to receive such dividend, subject to the
provisions of paragraph (g) of this Section

64

 

1605, and shall become effective in the case of a subdivision or combination immediately after
the opening of business on the day following the day when such subdivision or combination, as the
case may be, becomes effective.

     (b) In case the Company shall, at any time or from time to time while the Convertible
Securities of any series are outstanding, issue rights or warrants to all holders of its shares of
Common Stock entitling them (for a period expiring within 45 days of the record date mentioned
below) to subscribe for or purchase shares of Common Stock at a price per share less than the
current market price per share of Common Stock (as defined in paragraph (d) below) at such record
date, the Conversion Price of any series of Convertible Securities in effect immediately prior to
the issuance of such rights or warrants shall be adjusted as follows: the number of shares of
Common Stock into which $1,000 principal amount of Convertible Securities of such series was
theretofore convertible shall be multiplied by a fraction, of which the numerator shall be the
number of shares of Common Stock outstanding immediately prior to such record date plus the number
of additional shares of Common Stock offered for subscription or purchase, and of which the
denominator shall be the number of shares of Common Stock outstanding immediately prior to such
record date plus the number of shares which the aggregate offering price of the total number of
shares so offered would purchase at such current market price; and the Conversion Price for such
series of Convertible Securities shall be adjusted by dividing $1,000 by the new number of shares
into which $1,000 principal amount of Securities of such series shall be convertible as aforesaid.
Such adjustment shall become effective on the date of such issuance retroactively to immediately
after the opening of business on the day following the record date for the determination of
shareholders entitled to receive such rights or warrants, subject to the provisions of paragraph
(g) of this Section 1605. In determining whether any rights or warrants entitle the holders to
subscribe for or purchase shares of Common Stock at less than such current market price, and in
determining the aggregate offering price of such shares, there shall be taken into account any
consideration received by the Company for such rights or warrants, the value of such consideration,
if other than cash, to be determined by the Board of Directors.

     (c) In case the Company shall, at any time from time to time while the Convertible Securities
of any series are outstanding, distribute to all holders of shares of its Common Stock evidences of
its indebtedness or securities or assets (excluding cash dividends or cash distributions payable
out of consolidated net earnings or retained earnings) or rights or warrants to subscribe for
shares of Common Stock at a price per share less than the current market price per share of Common
Stock, determined in the manner set forth in paragraph (d) below, but excluding rights or warrants
referred to in paragraph (b) above, the Conversion Price for such series of Convertible Securities
in effect immediately prior to such distribution shall be adjusted by multiplying the number of
shares of Common Stock into which $1,000 principal amount of Convertible Securities of such series
of Convertible Securities was theretofore convertible by a fraction, of which the numerator shall
be the current market price per share of Common Stock (as defined in paragraph (d) below) on the
record date for such distribution, and of which the denominator shall be such current market price
per share of the Common Stock, less the then fair market value (as determined by the Board of
Directors of the Company, whose determination shall be conclusive) of the portion of such evidences
of indebtedness, securities or assets or of such subscription rights or warrants so distributed
applicable to one share of Common Stock; and the Conversion Price for such series of Convertible
Securities shall be adjusted by dividing $1,000 by the new number of shares into which $1,000
principal amount of Convertible Securities of such series shall be convertible as aforesaid. Such
adjustment shall become effective on the date of such distribution retroactively to immediately
after the opening of business on the day following the record date for the determination of
shareholders entitled to receive such distribution, subject to the provisions of paragraph (g) of
this Section 1605. For the purposes of this paragraph (c) consolidated net earnings or retained
earnings shall be computed by adding thereto all charges against retained earnings on account of
dividends paid in shares of Common Stock in

65

 

respect of which the Conversion Price has been adjusted, all as determined by Independent
Public Accountants, whose determination shall be conclusive.

     (d) For the purpose of any computation under paragraphs (b) and (c) above, the current market
price per share of Common Stock at any date shall be deemed to be the average of the market values
of the shares of Common Stock for the ten consecutive Business Days immediately preceding the day
in question. The market value of the Common Stock for each day shall be determined as provided in
Section 1603 hereof.

     (e) The Company may make such reductions in the Conversion Price for any series of Convertible
Securities, in addition to those required by paragraphs (a), (b) and (c) of this Section as it
considers to be advisable in order that any event treated for Federal income tax purposes as a
dividend of stock or stock rights shall not be taxable to the recipients.

     (f) Except as herein otherwise provided, no adjustment in the Conversion Price for any series
of Convertible Securities shall be made by reason of the issuance, in exchange for cash, property
or services, of shares of Common Stock, or any securities convertible into or exchangeable for
shares of Common Stock, or carrying the right to purchase any of the foregoing.

     (g) If the Company shall take a record of the holders of its shares of Common Stock for the
purpose of entitling them to receive any dividend or any subscription or purchase rights or any
distribution and shall, thereafter and before the distribution to shareholders of any such
dividend, subscription or purchase rights or distribution, legally abandon its plan to pay or
deliver such dividend, subscription or purchase rights or distribution, then no adjustment of the
Conversion Price for any series of Convertible Securities shall be required by reason of the taking
of such record.

     (h) No adjustment in the Conversion Price for any series of Convertible Securities shall be
required unless such adjustment would require an increase or decrease of at least 1% in such price;
provided, however, that any adjustments which by reason of this paragraph (h) are not required to
be made shall be carried forward and taken into account in any subsequent adjustment. All
calculations under this Article Fifteen shall be made to the nearest cent or to the nearest
one-hundredth of a share, as the case may be.

     (i) Whenever the Conversion Price for any series of Convertible Securities is adjusted as
herein provided, the Company shall (i) forthwith place on file at the Principal Office of the
Trustee an Officers’ Certificate showing in detail the facts requiring such adjustment and the
Conversion Price after such adjustment and shall exhibit the same from time to time to any Holder
of Convertible Securities of such series desiring an inspection thereof, and (ii) cause a notice
stating that such adjustment has been effected and the adjusted Conversion Price to be mailed to
the Holders of Registered Convertible Securities of such series at their last addresses as they
shall appear on the Security Register.

     (j) The Company may delete, modify or vary any of the provisions applicable to conversion of
the Convertible Securities of any series, or may add new provisions applicable thereto, all as may
be contained in the Board Resolutions and Officers’ Certificate or supplemental indenture
establishing such series.

     Section 1606. Effect of Reclassifications, Consolidations, Mergers or Sales on Conversion
Privilege.

     In case of any reclassification or change of outstanding shares of the class of Common Stock
issuable upon conversion of the Convertible Securities (other than a change in par value, or from
par value to no par value, or from no par value to par value, or as a result of a subdivision or
combination), or

66

 

in case of any merger or consolidation of the Company with one or more other corporations
(other than a merger or consolidation in which the Company is the continuing corporation and which
does not result in any reclassification or change of outstanding shares of Common Stock issuable
upon conversion of the Securities), or in case of the merger of the Company into another
corporation, or in case of any sale or conveyance to another corporation of the property of the
Company as an entirety or substantially as an entirety, the Holder of Convertible Securities then
outstanding shall have the right to convert such Convertible Security into the kind and amount of
shares of capital stock or other securities and property, including cash, receivable upon such
reclassification, change, consolidation, merger, sale or conveyance by a holder of the number of
shares of Common Stock into which such Convertible Security might have been converted immediately
prior to such reclassification, change, consolidation, merger, sale or conveyance. In any such case
the Company, or such successor or purchasing corporation, as the case may be, shall execute with
the Trustee one or more supplemental indentures (which shall conform to the Trust Indenture Act of
1939 as in force at the date of the execution of such supplemental indenture) containing provisions
to the effect set forth above in this Section 1606 and providing further for adjustments which
shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article
Fifteen; and any such adjustment which shall be approved by the Board of Directors and set forth in
such supplemental indenture or supplemental indentures shall be conclusive for all purposes of this
Section, and the Trustee shall not be under any responsibility to determine the correctness of any
provision contained in such supplemental indenture or supplemental indentures relating to either
the kind or amount of shares of stock or securities or property receivable by Holders of Securities
of any series upon the conversion of their Convertible Securities after any such reclassification,
change, consolidation, merger, sale or conveyance.

     The above provisions of this Section 1606 shall similarly apply to successive
reclassifications, changes, consolidations, mergers, sales and conveyances.

     Section 1607. Taxes on Conversions.

     The issue of stock certificates on conversions of Convertible Securities shall be made without
charge to the converting Holder of Convertible Securities for any tax in respect of the issue
thereof. The Company shall not, however, be required to pay any tax which may be payable in respect
of any transfer involved in the issue and delivery of shares in any name other than that of the
Holder of any Registered Convertible Security converted, and the Company shall not be required to
issue or deliver any such stock certificate unless and until the Person or Persons requesting the
issue thereof shall have paid to the Company the amount of such tax or shall have established to
the satisfaction of the Company that such tax has been paid.

     Section 1608. Company to Reserve Common Stock.

     The Company shall at all times reserve and keep available out of the aggregate of its
authorized but unissued shares or its issued shares held in its treasury, or both, for the purpose
of effecting the conversion of the Securities, such number of its duly authorized shares of Common
Stock as shall from time to time be sufficient to effect the conversion of all outstanding
Securities.

     If any shares of Common Stock reserved or to be reserved for the purpose of conversion of
Securities hereunder require registration with or approval of any governmental authority under any
Federal or State law before such shares may be validly delivered upon conversion, then the Company
covenants that it will in good faith and as expeditiously as possible endeavor to secure
registration or approval, as the case may be.

67

 

     The Company covenants that all shares of Common Stock which may be delivered upon conversion
of Convertible Securities shall upon delivery be fully paid and nonassessable by the Company and
free from all taxes, liens and charges with respect to the issue or delivery thereof.

     Section 1609. Disclaimer by Trustee of Responsibility for Certain Matters.

     Neither the Trustee nor any conversion agent shall at any time be under any duty or
responsibility to any Holder of Convertible Securities of any series to determine whether any facts
exist which may require any adjustment of the Conversion Price for such series, or with respect to
the nature or extent of any such adjustment when made, or with respect to the method employed, or
herein or in any supplemental indenture provided to be employed, in making the same, subject,
however, to the provisions of Sections 315(a) through 315(b) of the Trust Indenture Act. Neither
the Trustee nor any conversion agent shall be accountable with respect to the validity or value (or
the kind or amount) of any shares of Common Stock, or of any securities or property which may at
any time be issued or delivered upon the conversion of any Convertible Security; and neither of
them makes any representation with respect thereto. Neither the Trustee nor any conversion agent
shall be responsible for any failure of the Company to make any cash payment or to issue, transfer
or deliver any shares of Common Stock or stock certificates or other securities or property upon
the surrender of any Security for the purpose of conversion or, subject to Sections 315(a) through
315(b) of the Trust Indenture Act, to comply with any of the covenants of the Company contained in
this Article Sixteen.

     Section 1610. Company to Give Notice of Certain Events.

     In the event:

	 	(1)	 	that the Company shall pay any dividend or make any distribution to the holders of
shares of Common Stock otherwise than in cash charged against consolidated net earnings or
retained earnings of the Company and its consolidated net earnings or retained earnings of
the Company and its consolidated subsidiaries or in Common Stock; or
	 
	 	(2)	 	that the Company shall offer for subscription or purchase, pro rata, to the holders
of shares of Common Stock any additional shares of stock of any class or any securities
convertible into or exchangeable for stock of any class; or
	 
	 	(3)	 	of any reclassification or change in outstanding shares of the class of Common Stock
issuable upon the conversion of the Securities (other than a change in par value, or from
par value to no par value, or from no par value to par value, or as a result of a
subdivision or combination), or of any merger or consolidation of the Company with, or
merger of the Company into, another corporation (other than a merger or consolidation in
which the Company is the continuing corporation and which does not result in any
reclassification or change of outstanding shares of Common Stock issuable upon conversion
of the Securities), or of any sale or conveyance to another corporation of the property of
the Company as an entirety or substantially as an entirety;

then, and in any one or more of such events, the Company will give to the Trustee and each
conversion agent written notice thereof at least fifteen days prior to (i) the record date fixed
with respect to any of the events specified in (1) and (2) above, and (ii) the effective date of
any of the events specified in (3) above; and shall mail promptly a copy of such notice to the
Holders of Registered Convertible Securities at their last addresses as they shall appear upon the
Security Register. Failure to give such notice, or any defect therein, shall not affect the
legality or validity of such dividend, distribution, reclassification, consolidation, merger, sale,
transfer, dissolution, liquidation or winding up.

68

 

* * * * *

69

 

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

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

	 	 	 	 	 	 	 
	 	 	FIRST FINANCIAL BANCORP.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	WILMINGTON TRUST COMPANY,

not in its individual capacity but solely as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

70EX-4.7

Exhibit 4.7

FIRST FINANCIAL BANCORP.

Issuer

to

WILMINGTON TRUST COMPANY

Trustee

 

JUNIOR SUBORDINATED INDENTURE

 

Dated as of                     

JUNIOR SUBORDINATED DEBT SECURITIES

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
	 	 	1	 
	   
	 	 	 	 
	Section 1.1 Definitions
	 	 	1	 
	Section 1.2 Compliance Certificate and Opinions
	 	 	8	 
	Section 1.3 Forms of Documents Delivered to Trustee
	 	 	8	 
	Section 1.4 Acts of Holders
	 	 	9	 
	Section 1.5 Notices, Etc. to Trustee and Company
	 	 	10	 
	Section 1.6 Notice to Holders; Waiver
	 	 	11	 
	Section 1.7 Conflict with Trust Indenture Act
	 	 	11	 
	Section 1.8 Effect of Headings and Table of Contents
	 	 	11	 
	Section 1.9 Successors and Assigns
	 	 	11	 
	Section 1.10 Separability Clause
	 	 	11	 
	Section 1.11 Benefits of Indenture
	 	 	11	 
	Section 1.12 Governing Law
	 	 	12	 
	Section 1.13 Non-Business Days
	 	 	12	 
	Section 1.14 Force Majeure
	 	 	12	 
	   
	 	 	 	 
	ARTICLE II SECURITY FORMS
	 	 	12	 
	   
	 	 	 	 
	Section 2.1 Forms Generally
	 	 	12	 
	Section 2.2 Form of Face of Security
	 	 	13	 
	Section 2.3 Form of Reverse of Security
	 	 	15	 
	Section 2.4 Additional Provisions Required in Global Security
	 	 	17	 
	Section 2.5 Form of Trustee’s Certificate of Authentication
	 	 	18	 
	   
	 	 	 	 
	ARTICLE III THE SECURITIES
	 	 	18	 
	   
	 	 	 	 
	Section 3.1 Title and Terms
	 	 	18	 
	Section 3.2 Denominations
	 	 	20	 
	Section 3.3 Execution, Authentication, Delivery and Dating
	 	 	20	 
	Section 3.4 Temporary Securities
	 	 	21	 
	Section 3.5 Registration, Transfer and Exchange
	 	 	22	 
	Section 3.6 Mutilated, Destroyed, Lost and Stolen Securities
	 	 	23	 
	Section 3.7 Payment of Interest; Interest Rights Preserved
	 	 	24	 
	Section 3.8 Persons Deemed Owners
	 	 	25	 
	Section 3.9 Cancellation
	 	 	25	 
	Section 3.10 Computation of Interest
	 	 	25	 
	Section 3.11 Deferrals of Interest Payment Dates
	 	 	25	 
	Section 3.12 Right of Set-Off
	 	 	26	 
	   
	 	 	 	 
	 i

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	Section 3.13
Agreed Tax Treatment
	 	 	26	 
	Section 3.14
Shortening or Extension of Stated Maturity
	 	 	27	 
	Section 3.15
CUSIP Numbers
	 	 	27	 
	 
 
	 	 	 	 
	ARTICLE IV
SATISFACTION AND DISCHARGE
	 	 	27	 
	 
 
	 	 	 	 
	Section 4.1
Satisfaction and Discharge of Indenture
	 	 	27	 
	Section 4.2
Application of Trust Money
	 	 	28	 
	 
 
	 	 	 	 
	ARTICLE V
REMEDIES
	 	 	28	 
	 
 
	 	 	 	 
	Section 5.1
Events of Default
	 	 	29	 
	Section 5.2
Acceleration of Maturity; Rescission and Annulment
	 	 	29	 
	Section 5.3
Collection of Indebtedness and Suits for Enforcement by Trustee
	 	 	30	 
	Section 5.4
Trustee May File Proofs of Claim
	 	 	31	 
	Section 5.5
Trustee May Enforce Claim Without Possession of Securities
	 	 	31	 
	Section 5.6
Application of Money Collected
	 	 	32	 
	Section 5.7
Limitation on Suits
	 	 	32	 
	Section 5.8
Unconditional Right of Holders to Receive Principal, Premium and Interest; Direct Action by Holders of Preferred Capital Securities
	 	 	33	 
	Section 5.9
Restoration of Rights and Remedies
	 	 	33	 
	Section 5.10
Rights and Remedies Cumulative
	 	 	33	 
	Section 5.11
Delay or Omission Not Waiver
	 	 	33	 
	Section 5.12
Control by Holders
	 	 	34	 
	Section 5.13
Waiver of Past Defaults
	 	 	34	 
	Section 5.14
Undertaking for Costs
	 	 	34	 
	Section 5.15
Waiver of Usury, Stay or Extension Laws
	 	 	35	 
	 
 
	 	 	 	 
	ARTICLE VI
THE TRUSTEE
	 	 	35	 
	 
 
	 	 	 	 
	Section 6.1
Certain Duties and Responsibilities
	 	 	35	 
	Section 6.2
Certain Rights of Trustee
	 	 	35	 
	Section 6.3
Not Responsible for Recitals or Issuance of Securities
	 	 	36	 
	Section 6.4
May Hold Securities
	 	 	37	 
	Section 6.5
Money Held in Trust
	 	 	37	 
	Section 6.6
Compensation and Reimbursement
	 	 	37	 
	Section 6.7
Corporate Trustee Required; Eligibility; Conflicting Interests
	 	 	37	 
	Section 6.8
Resignation and Removal; Appointment of Successor
	 	 	38	 
	Section 6.9
Acceptance of Appointment by Successor
	 	 	39	 
	Section 6.10
Merger, Conversion, Consolidation or Succession to Business
	 	 	40	 
	Section 6.11
Appointment of Authenticating Agent
	 	 	40	 
	 
	 	 	 	 
	 ii

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE VII
HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY
	 	 	42	 
	 
 
	 	 	 	 
	Section 7.1
Company to Furnish Trustee Names and Addresses of Holders
	 	 	42	 
	Section 7.2
Preservation of Information, Communications to Holders
	 	 	43	 
	Section 7.3
Reports by Trustee
	 	 	43	 
	Section 7.4
Reports by Company
	 	 	43	 
	 
 
	 	 	 	 
	ARTICLE VIII
CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE
	 	 	44	 
	 
 
	 	 	 	 
	Section 8.1
Company May Consolidate, Etc., Only on Certain Terms
	 	 	44	 
	Section 8.2
Successor Corporation Substituted
	 	 	44	 
	 
 
	 	 	 	 
	ARTICLE IX
SUPPLEMENTAL INDENTURES
	 	 	45	 
	 
 
	 	 	 	 
	Section 9.1
Supplemental Indentures without Consent of Holders
	 	 	45	 
	Section 9.2
Supplemental Indentures with Consent of Holders
	 	 	46	 
	Section 9.3
Execution of Supplemental Indentures
	 	 	47	 
	Section 9.4
Effect of Supplemental Indentures
	 	 	47	 
	Section 9.5
Conformity with Trust Indenture Act
	 	 	47	 
	Section 9.6
Reference in Securities to Supplemental Indentures
	 	 	48	 
	 
 
	 	 	 	 
	ARTICLE X
COVENANTS
	 	 	48	 
	 
 
	 	 	 	 
	Section 10.1
Payment of Principal, Premium and Interest
	 	 	48	 
	Section 10.2
Maintenance of Office or Agency
	 	 	48	 
	Section 10.3
Money for Security Payments to be Held in Trust
	 	 	48	 
	Section 10.4
Statement as to Compliance
	 	 	49	 
	Section 10.5
Waiver of Certain Covenants
	 	 	50	 
	Section 10.6
Additional Sums
	 	 	50	 
	Section 10.7
Additional Covenants
	 	 	50	 
	 
 
	 	 	 	 
	ARTICLE XI
REDEMPTION OF SECURITIES
	 	 	51	 
	 
 
	 	 	 	 
	Section 11.1
Applicability of This Article
	 	 	51	 
	Section 11.2
Election to Redeem; Notice to Trustee
	 	 	51	 
	Section 11.3
Selection of Securities to be Redeemed
	 	 	52	 
	Section 11.4
Notice of Redemption
	 	 	52	 
	Section 11.5
Deposit of Redemption Price
	 	 	53	 
	Section 11.6
Payment of Securities Called for Redemption
	 	 	53	 
	Section 11.7
Right of Redemption of Securities Initially Issued to a FFBC Capital Trust
	 	 	53	 
	 
 
	 	 	 	 
	ARTICLE XII
SINKING FUNDS
	 	 	54	 
	 
 
	 	 	 	 
	Section 12.1
Applicability of Article
	 	 	54	 
	Section 12.2
Satisfaction of Sinking Fund Payments with Securities
	 	 	54	 
	Section 12.3
Redemption of Securities for Sinking Fund
	 	 	54	 
	 
 
    
	 	 	 	 
	 iii

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE XIII
SUBORDINATION OF SECURITIES
	 	 	55	 
	 
 
	 	 	 	 
	Section 13.1
Securities Subordinate to Senior and Subordinated Debt
	 	 	55	 
	Section 13.2
Payment Over of Proceeds Upon Dissolution, Etc.
	 	 	56	 
	Section 13.3
Prior Payment to Senior and Subordinated Debt Upon Acceleration of Securities
	 	 	57	 
	Section 13.4
No Payment When Senior and Subordinated Debt in Default
	 	 	57	 
	Section 13.5
Payment Permitted if No Default
	 	 	58	 
	Section 13.6
Subrogation to Rights of Holders of Senior and Subordinated Debt
	 	 	58	 
	Section 13.7
Provisions Solely to Define Relative Rights
	 	 	58	 
	Section 13.8
Trustee to Effectuate Subordination
	 	 	59	 
	Section 13.9
No Waiver of Subordination Provisions
	 	 	59	 
	Section 13.10
Notice to Trustee
	 	 	59	 
	Section 13.11
Reliance on Judicial Order or Certificate of Liquidating Agent
	 	 	60	 
	Section 13.12
Trustee Not Fiduciary for Holders of Senior and Subordinated Debt
	 	 	60	 
	Section 13.13
Rights of Trustee as Holder of Senior and Subordinated Debt; Preservation of Trustee’s Rights
	 	 	60	 
	Section 13.14
No Recourse
	 	 	60	 
	Section 13.15
Article Applicable to Paying Agents
	 	 	60	 
	Section 13.16
Certain Conversions or Exchanges Deemed Payment
	 	 	61	 
	 
 
    
	 	 	 	 
	 iv

 

 

FIRST FINANCIAL BANCORP.

Reconciliation and tie between Trust Indenture Act of 1939, as amended (which, pursuant to Section
318(c) of the Trust Indenture Act of 1939, as amended, are a part of and govern the Junior
Subordinated Indenture whether or not physically contained therein) and Junior Subordinated
Indenture, dated as of                     .

	 	 	 	 	 	 
	Trust Indenture Act Section	 	 	Indenture Section
	§ 310
	 	(a)(1), (2) and (5)	 	 	6.7, 6.11
	 
	 	(a)(3)	 	 	Not Applicable
	 
	 	(a)(4)	 	 	Not Applicable
	 
	 	(b)	 	 	6.4, 6.7, 6.8, 6.9, 6.11
	 
	 	(c)	 	 	Not Applicable
	§ 311
	 	 	 	 	6.4
	§ 312
	 	(a)	 	 	7.1, 7.2(a)
	 
	 	(b)	 	 	7.2(b)
	 
	 	(c)	 	 	7.2(c)
	§ 313
	 	(a)	 	 	7.3(a)
	 
	 	(b)	 	 	7.3(b)
	 
	 	(c)	 	 	1.5, 6.1, 7.3(a), 7.3(b)
	 
	 	(d)	 	 	7.3(c)
	§ 314
	 	(a)(1), (2) and (3)	 	 	7.4
	 
	 	(a)(4)	 	 	10.4
	 
	 	(b)	 	 	Not Applicable
	 
	 	(c)(1)	 	 	1.2
	 
	 	(c)(2)	 	 	1.2
	 
	 	(c)(3)	 	 	Not Applicable
	 
	 	(d)	 	 	Not Applicable
	 
	 	(e)	 	 	1.2
	 
	 	(f)	 	 	Not Applicable
	§ 315
	 	(a)	 	 	6.1, 6.2
	 
	 	(b)	 	 	6.1, 6.2
	 
	 	(c)	 	 	6.1, 6.2
	 
	 	(d)	 	 	6.1, 6.2
	 
	 	(e)	 	 	5.14, 6.8(4)
	§ 316
	 	(a)(1) (A)	 	 	5.12
	 
	 	(a)(1)(B)	 	 	5.13
	 
	 	(a)(2)	 	 	Not Applicable
	 
	 	(b)	 	 	5.8
	 
	 	(c)	 	 	1.4(f)
	§ 317
	 	(a)(1)	 	 	5.3
	 
	 	(a)(2)	 	 	5.4
	 
	 	(b)	 	 	10.3
	§ 318
	 	(a)	 	 	1.7
	 
	 	(c)	 	 	1.7

 

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

 

 

     JUNIOR SUBORDINATED INDENTURE, dated as of                      (the “Indenture”), is made by and
between FIRST FINANCIAL BANCORP., a corporation duly organized and existing under the laws of the
State of Ohio (the “Company”), having its principal office at 4000 Smith Road, Cincinnati, Ohio
45209, and WILMINGTON TRUST COMPANY, a Delaware banking corporation, having its principal office at
1100 N. Market Street, Wilmington, Delaware 19890, not in its individual capacity but solely as
Trustee (the “Trustee”).

RECITALS

     The Company has duly authorized the execution and delivery of this Indenture to provide for
the issuance from time to time of its unsecured junior subordinated debt securities in series
(hereinafter called the “Securities”) of substantially the tenor hereinafter provided, including,
without limitation, Securities issued to evidence loans made to the Company of the proceeds from
the issuance from time to time by one or more business trusts (each a “FFBC Capital Trust,” and,
collectively, the “FFBC Capital Trusts”) of preferred trust interests in such Trusts (the
“Preferred Capital Securities”) and common interests in such Trusts (the “Common Securities” and,
collectively with the Preferred Capital Securities, the “Preferred Trust Securities”), and to
provide the terms and conditions upon which the Securities are to be authenticated, issued and
delivered.

     All things necessary to make the Securities, when executed by the Company and authenticated
and delivered hereunder and duly issued by the Company the valid and legally binding obligations of
the Company, and to make this Indenture a valid and legally binding agreement of the Company, in
accordance with their and its terms, have been done.

     NOW THEREFORE, THIS INDENTURE WITNESSETH:

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

ARTICLE I

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

Section 1.1 Definitions.

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

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

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

     (3) All accounting terms not otherwise defined herein have the meanings assigned to them in
accordance with generally accepted accounting principles, and the term “generally accepted
accounting principles” with respect to any computation required or permitted hereunder shall mean
such accounting principles which are generally accepted in the United States at the date or time of
such computation; provided that when two or more principles are so generally accepted, it shall
mean that set of principles consistent with those in use by the Company; and

 

 

     (4) 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 1.4.

     “Additional Interest” means the interest, if any, that shall accrue on any interest on the
Securities of any series the payment of which has not been made on the applicable Interest Payment
Date and which shall accrue at the rate per annum specified or determined as specified in such
Security, to the extent permitted by applicable law.

     “Additional Sums” has the meaning specified in Section 10.6.

     “Additional Taxes” means the sum of any additional taxes, duties and other governmental
charges to which a FFBC Capital Trust has become subject from time to time as a result of a Tax
Event.

     “Administrative Trustee” means, in respect of any FFBC Capital Trust, each Person identified
as an “Administrative Trustee” in the related Trust Agreement, solely in such Person’s capacity as
an Administrative Trustee, as the case may be, of such FFBC Capital Trust under such Trust
Agreement and not in such Person’s individual capacity, or any successor administrative trustee or
successor administrative agent, as the case may be, appointed as therein provided.

     “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; provided,
however, no FFBC Capital Trust to which Securities have been issued shall be deemed to be an
Affiliate of the Company.

     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.

     “Allocable Amounts,” when used with respect to any Senior and Subordinated Debt, means all
amounts due or to become due on such Senior and Subordinated Debt less, if applicable, any amount
which would have been paid to, and retained by, the holders of such Senior and Subordinated Debt
(whether as a result of the receipt of payments by the holders of such Senior and Subordinated Debt
from the Company or any other obligor thereon or from any holders of, or trustee in respect of,
other indebtedness that is subordinate and junior in right of payment to such Senior and
Subordinated Debt pursuant to any provision of such indebtedness for the payment over of amounts
received on account of such indebtedness to the holders of such Senior and Subordinated Debt or
otherwise), but for the fact that such Senior and Subordinated Debt is subordinate or junior in
right of payment to (or subject to a requirement that amounts received on such Senior and
Subordinated Debt be paid over to obligees on) trade accounts payable or accrued liabilities
arising in the ordinary course of business.

     “Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 6.11 to
act on behalf of the Trustee to authenticate Securities of one or more series.

     “Authorized Newspaper” has the meaning set forth in Section 3.7.

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

2

 

     “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant
Secretary of the Company to have been duly adopted by the Board of Directors, or such committee of
the Board of Directors or officers of the Company to which authority to act on behalf of the Board
of Directors has been delegated, 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 (i) a Saturday or Sunday, (ii) a day on which banking
institutions in The City of New York are authorized or required by law or executive order to remain
closed or (iii) a day on which the Corporate Trust Office of the Trustee, or, with respect to the
Securities of a series initially issued to a FFBC Capital Trust, the principal office of the
Property Trustee under the related Trust Agreement, is closed for business.

     “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.

     “Common Securities” has the meaning specified in the first recital of this Indenture.

     “Common Stock” means the common shares, without par value, of the Company.

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

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

     “Corporate Trust Office” means a principal office of the Trustee at which at any particular
time its corporate trust business shall be administered.

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

     “Debt” means, with respect to any Person, whether recourse is to all or a portion of the
assets of such Person and whether or not contingent, (i) every obligation of such Person for money
borrowed; (ii) every obligation of such Person evidenced by bonds, debentures, notes or other
similar instruments, including obligations incurred in connection with the acquisition of property,
assets or businesses; (iii) every reimbursement obligation of such Person with respect to letters
of credit, bankers’ acceptances or similar facilities issued for the account of such Person; (iv)
every obligation of such Person issued or assumed as the deferred purchase price of property or
services (but excluding trade accounts payable or accrued liabilities arising in the ordinary
course of business); (v) every capital lease obligation of such Person; (vi) all indebtedness of
such Person whether incurred on or prior to the date of this Indenture or thereafter incurred, for
claims in respect of derivative products, including without limitation, interest rate and foreign
exchange contracts, forward commodity contracts (whether related to mortgages, securities,
commodities, or otherwise), options and swaps and similar arrangements; and (vii) every obligation
of the type referred to in clauses (i) through (vi) of another Person and all dividends of another
Person the payment of which, in either case, such Person has guaranteed or is responsible or liable
for, directly or indirectly, as obligor or otherwise.

3

 

     “Defaulted Interest” has the meaning specified in Section 3.7.

     “Depositary” means, with respect to the Securities of any series issuable or issued in whole
or in part in the form of one or more Global Securities, the Person designated as Depositary by the
Company pursuant to Section 3.1 with respect to such series (or any successor thereto).

     “Discount Security” means any security which provides for an amount less than the principal
amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof
pursuant to Section 5.2.

     “Distributions,” with respect to the Trust Securities issued by a FFBC Capital Trust, means
amounts payable in respect of such Trust Securities as provided in the related Trust Agreement and
referred to therein as “Distributions.”

     “Dollar” or “U.S. $” means the currency of the United States of America that, as at the time
of payment, is legal tender for the payment of public and private debts.

     “Event of Default” has the meaning specified in Article V unless otherwise specified in the
supplemental indenture or the Officers’ Certificate delivered pursuant to Section 3.1 hereof
creating a series of Securities.

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

     “Extension Period” has the meaning specified in Section 3.11.

     “Global Security” means a Security in the form prescribed in Section 2.4 evidencing all or
part of a series of Securities, issued to the Depositary or its nominee for such series, and
registered in the name of such Depositary or its nominee.

     “Guarantee Agreement” means the Guarantee Agreement substantially in the form attached hereto
as Annex C, or substantially in such form as may be specified as contemplated by Section 3.1 with
respect to the Securities of any series, in each case as amended from time to time.

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

     “Indenture” means this instrument as originally executed or as it may from time to time be
supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the
applicable provisions hereof or one or more Officers’ Certificates delivered pursuant to Section
3.1 and shall include the terms of each particular series of Securities established as contemplated
by Section 3.1.

     “Interest Payment Date” means as to each series of Securities, the Stated Maturity of an
installment of interest on such Securities.

     “Junior Subordinated Payment” has the meaning specified in Section 13.2.

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

     “Moody’s” means Moody’s Investors Service, Inc.

4

 

     “Officers’ Certificate” means a certificate signed by the Chairman of the Board of Directors,
a Vice Chairman of the Board of Directors, the President or a Vice President, and by the Treasurer,
an Assistant Treasurer, the Secretary or an Assistant Secretary of the Company, and delivered to
the Trustee.

     “Opinion of Counsel” means a written opinion of counsel, who may be counsel for the Company.

     “Original Issue Date” means the date of issuance specified as such in each Security.

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

     (i) Securities theretofore canceled by the Trustee or delivered to the Trustee for
cancellation;

     (ii) Securities for whose payment money in the necessary amount has been theretofore deposited
with the Trustee or any Paying Agent in trust for the Holders of such Securities; and

     (iii) Securities in substitution for or in lieu of which other Securities have been
authenticated and delivered or which have been paid pursuant to Section 3.6, unless proof
satisfactory to the Trustee is presented that any such Securities are held by Holders in whose
hands such Securities are valid, binding and legal obligations of the Company;

     provided, however, that in determining whether the Holders of the requisite principal amount of
Outstanding Securities have given any request, demand, authorization, direction, notice, consent or
waiver hereunder, Securities owned by the Company or any other obligor upon the Securities or any
Affiliate of the Company or such other
obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether
the Trustee shall be protected in relying upon any such request, demand, authorization, direction,
notice, consent or waiver, only Securities which a Responsible Officer of the Trustee actually
knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good
faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee
the pledgee’s right so to act with respect to such Securities and that the pledgee is not the
Company or any other obligor upon the Securities or any Affiliate of the Company or such other
obligor. Upon the written request of the Trustee, the Company shall promptly furnish to the Trustee
an Officers’ Certificate listing and identifying all Securities, if any, known by the Company to be
owned or held by or for the account of the Company, or any other obligor on the Securities or any
Affiliate of the Company or such obligor, and, subject to the provisions of Section 6.2, the
Trustee shall be entitled to accept such Officers’ Certificate as conclusive evidence of the facts
therein set forth and of the fact that all Securities not listed therein are Outstanding for the
purpose of any such determination.

     “Paying Agent” means the Trustee or any Person authorized by the Company to pay the principal
of or interest on any Securities on behalf of the Company.

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

     “Place of Payment” means, with respect to the Securities of any series, the place or places
where the principal of (and premium, if any) and interest on the Securities of such series are
payable pursuant to Sections 3.1 and 3.11.

5

 

     “Predecessor Security” of any particular Security means every previous Security evidencing all
or a portion of the same debt as that evidenced by such particular Security; and, for the purposes
of this definition, any security authenticated and delivered under Section 3.6 in lieu of a lost,
destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or
stolen Security.

     “Preferred Capital Securities” has the meaning specified in the first recital of this
Indenture.

     “Proceeding” has the meaning specified in Section 13.2.

     “Property Trustee” means, in respect of any FFBC Capital Trust, the commercial bank or trust
company identified as the “Property Trustee” in the related Trust Agreement, solely in its capacity
as Property Trustee of such FFBC Capital Trust under such Trust Agreement and not in its individual
capacity, or its successor in interest in such capacity, or any successor property trustee
appointed as therein provided.

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

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

     “Regular Record Date” for the interest payable on any Interest Payment Date with respect to
the Securities of a series means, unless otherwise provided pursuant to Section 3.1 with respect to
Securities of a series, (i) in the case of Securities of a series represented by one or more Global
Securities, the Business Day next preceding such Interest Payment Date and (ii) in the case of
Securities of a series not represented by one or more Global Securities, the date which is fifteen
days next preceding such Interest Payment Date (whether or not a Business Day).

     “Responsible Officer” when used with respect to the Trustee means any officer of the Trustee
assigned by the Trustee from time to time to administer its corporate trust matters and who shall
have direct responsibility for the administration of this Indenture..

     “S&P” means Standard & Poor’s Ratings Services.

     “FFBC Capital Trust” has the meaning specified in the first recital of this Indenture.

     “FFBC Guarantee” means the guarantee by the Company of distributions on the Preferred Capital
Securities of a FFBC Capital Trust to the extent provided in the related Guarantee Agreement.

     “Securities” or “Security” means any debt securities or debt security, as the case may be,
authenticated and delivered under this Indenture.

     “Securities Register” and “Securities Registrar” have the respective meanings specified in
Section 3.5.

     “Senior and Subordinated Debt” means the principal of (and premium, if any) and interest, if
any (including any deferred interest and interest accruing on or after the filing of any petition
in bankruptcy or for reorganization relating to the Company whether or not such claim for
post-petition interest is allowed in such proceeding), on Debt of the Company, whether incurred on
or prior to the date of this Indenture or thereafter incurred, unless, in the instrument creating
or evidencing the same or pursuant to which the same is outstanding, it is provided that such
obligations are not superior in right of payment to the

6

 

Securities, provided, however, that Senior and Subordinated Debt shall not be deemed to
include (a) any Debt of the Company which, when incurred and without respect to any election under
Section 1111(b) of the Bankruptcy Reform Act of 1978, as amended, was without recourse to the
Company, (b) any Debt of the Company to any of its Subsidiaries, (c) Debt to any employee or
director of the Company, and (d) any Securities or other securities or obligations which, by their
terms, are expressly stated to rank pari passu in right of payment with the Securities.

     “Special Record Date” for the payment of any Defaulted Interest means a date fixed by the
Trustee pursuant to Section 3.7.

     “Stated Maturity” when used with respect to any Security or any installment of principal
thereof or interest thereon means the date specified pursuant to the terms of such Security as the
date on which the principal of such Security or such installment of interest is due and payable, in
the case of such principal, as such date may be shortened or extended as provided pursuant to the
terms of such Security and this Indenture.

     “Subsidiary” means a corporation more than 50% of the outstanding voting stock of which is
owned, directly or indirectly, by the Company or by one or more other Subsidiaries, or by the
Company and one or more other Subsidiaries. For purposes of this definition, “voting stock” means
stock which ordinarily has voting power for the election of directors, whether at all times or only
so long as no senior class of stock has such voting power by reason of any contingency.

     “Tax Event” means the receipt by the FFBC Capital Trust of an Opinion of Counsel (as defined
in the relevant FFBC Capital Trust Agreement) experienced in such matters to the effect that, as a
result of any amendment to, or change (including any announced prospective change) in, the laws (or
any regulations thereunder) of the United States or any political subdivision or taxing authority
thereof or therein, or as a result of any official administrative pronouncement or judicial
decision interpreting or applying such laws or regulations, which amendment or change is effective
or which pronouncement or decision is announced on or after the date of issuance of the Preferred
Capital Securities of such FFBC Capital Trust, there is more than an insubstantial risk that (i)
such FFBC Capital Trust is, or will be within 90 days of the date of such Opinion of Counsel,
subject to United States Federal income tax with respect to income received or accrued on the
corresponding series of Securities, (ii) interest payable by the Company on such corresponding
series of Securities is not, or within 90 days of the date of such Opinion of Counsel, will not be,
deductible by the Company, in whole or in part, for United States Federal income tax purposes or
(iii) such FFBC Capital Trust is, or will be within 90 days of the date of such Opinion of Counsel,
subject to more than a de minimis amount of other taxes, duties or other governmental charges.

     “Trust Agreement” means the Trust Agreement substantially in the form attached hereto as Annex
A, as amended by the form of Amended and Restated Trust Agreement substantially in the form
attached hereto as Annex B, or substantially in such form as may be specified as contemplated by
Section 3.1 with respect to the Securities of any series, in each case as amended from time to
time.

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

     “Trust Indenture Act” means the Trust Indenture Act of 1939 (15 U.S.C. (S)(S) 77aaa-77bbb), as
amended and as in effect on the date as of this Indenture, except as provided in Section 9.5.

7

 

     “Trust Securities” has the meaning specified in the first recital of this Indenture.

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

Section 1.2 Compliance Certificate and Opinions.

     Upon any application or request by the Company to the Trustee to take any action under any
provision of this Indenture, the Company shall furnish to the Trustee an Officers’ Certificate
stating that all conditions precedent (including covenants, compliance with which constitutes a
condition precedent), if any, provided for in this Indenture relating to the proposed action have
been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such
conditions precedent (including covenants compliance with which constitute a condition precedent),
if any, have been complied with, except that, in the case of any such application or request as to
which the furnishing of such documents is specifically required by any provision of this Indenture
relating to such particular application or request, no additional certificate or opinion need be
furnished.

     Every certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture (other than the certificates provided pursuant to Section 10.5) shall
include:

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

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

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

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

Section 1.3 Forms of Documents Delivered to Trustee.

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

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

8

 

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

Section 1.4 Acts of Holders.

          (a) Any request, demand, authorization, direction, notice, consent, waiver or other action
provided by this Indenture to be given to or taken by Holders may be embodied in and evidenced by
one or more instruments of substantially similar tenor signed by such Holders in person or by an
agent or proxy duly appointed in writing; and, except as herein otherwise expressly provided, such
action shall become effective when such instrument or instruments is or are delivered to the
Trustee, and, where it is hereby expressly required, to the Company. Such instrument or instruments
(and the action embodied therein and evidenced thereby) are herein sometimes referred to as the
“Act” of the Holders signing such instrument or instruments. 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 6.2) conclusive in favor of the Trustee and the Company, if made
in the manner provided in this Section.

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

          (c) The fact and date of the execution by any Person of any such instrument or writing, or the
authority of the Person executing the same, may also be proved in any other manner which the
Trustee deems sufficient and in accordance with such reasonable rules as the Trustee may determine.

          (d) The ownership of Securities shall be proved by the Securities Register.

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

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

9

 

of the relevant series on the date such action is taken. Promptly after any record date is set
pursuant to this paragraph, the Company, at its own expense, shall cause notice of such record
date, the proposed action by Holders and the applicable Expiration Date to be given to the Trustee
in writing and to each Holder of Securities of the relevant series in the manner set forth in
Section 1.6.

     The Trustee may set any day as a record date for the purpose of determining the Holders of
Outstanding Securities of any series entitled to join in the giving or making of (i) any
declaration of acceleration referred to in Section 5.2, (ii) any request to institute proceedings
referred to in Section 5.7(2) or (iii) any direction referred to in Section 5.12, in each case with
respect to Securities of such series. If any record date is set pursuant to this paragraph, the
Holders of Outstanding Securities of such series on such record date, and no other Holders, shall
be entitled to join in such notice, declaration, request or direction, whether or not such Holders
remain Holders after such record date, provided that no such action shall be effective hereunder
unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal
amount of Outstanding Securities of such series on such record date. Nothing in this paragraph
shall be construed to prevent the Trustee from setting a new record date for any action for which a
record date has previously been set pursuant to this paragraph (whereupon the record date
previously set shall automatically and with no action by any Person be canceled and of no effect),
and nothing in this paragraph shall be construed to render ineffective any action taken by Holders
of the requisite principal amount of Outstanding Securities of the relevant series on the date such
action is taken. Promptly after any record date is set pursuant to this paragraph, the Trustee, at
the Company’s expense, shall cause notice of such record date, the proposed action by Holders and
the applicable Expiration Date to be given to the Company in writing and to each Holder of
Securities of the relevant series in the manner set forth in Section 1.6.

     With respect to any record date set pursuant to this Section, the party hereto which sets such
record dates may designate any day as the “Expiration Date” and from time to time may change the
Expiration Date to any earlier or later day, provided that no such change shall be effective unless
notice of the proposed new Expiration Date is given to the other party hereto in writing, and to
each Holder of Securities of the relevant series in the manner set forth in Section 10.6, on or
prior to the existing Expiration Date. If an Expiration Date is not designated with respect to any
record date set pursuant to this Section, the party hereto which set such record date shall be
deemed to have initially designated the 180th day after such record date as the Expiration Date
with respect thereto, subject to its right to change the Expiration Date as provided in this
paragraph. Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day
after the applicable record date.

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

Section 1.5 Notices, Etc. to Trustee and Company.

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

     (1) the Trustee by any Holder, any holder of Preferred Capital Securities or the Company shall
be sufficient for every purpose hereunder if made, given, furnished or filed in writing to or with
the Trustee at its Corporate Trust office, or

     (2) the Company by the Trustee, any Holder or any holder of Preferred Capital Securities shall
be sufficient for every purpose (except as otherwise provided in Section 5.1) hereunder if in
writing

10

 

and mailed, first class, postage prepaid, to the Company, addressed to it at the address of
its principal office specified in the first paragraph of this instrument or at any other address
previously furnished in writing to the Trustee by the Company.

Section 1.6 Notice to Holders; Waiver.

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

Section 1.7 Conflict with Trust Indenture Act.

     If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by
any of Sections 310 to 317, inclusive, of the Trust Indenture Act through operation of Section
318(c) thereof, such imposed duties shall control.

Section 1.8 Effect of Headings and Table of Contents.

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

Section 1.9 Successors and Assigns.

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

Section 1.10 Separability Clause.

     In case any provision in this Indenture or in the Securities shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not in
any way be affected or impaired thereby.

Section 1.11 Benefits of Indenture.

     Nothing in this Indenture or in the Securities, express or implied, shall give to any Person,
other than the parties hereto and their successors and assigns, the Holders of Senior and
Subordinated Debt, the Holders of the Securities and, to the extent expressly provided in Sections
5.2, 5.8, 5.9, 5.11, 5.13, 9.1 and 9.2, the holders of Preferred Capital Securities, any benefit or
any legal or equitable right, remedy or claim under this Indenture.

11

 

Section 1.12 Governing Law.

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

Section 1.13 Non-Business Days.

     In any case where any Interest Payment Date, Redemption Date or Stated Maturity of any
Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture
or the Securities) 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 (and no interest shall accrue for the
period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case
may be, until such next succeeding Business Day except that, if such Business Day is in the next
succeeding calendar year, such payment shall be made on the immediately preceding Business Day (in
each case with the same force and effect as if made on the Interest Payment Date or Redemption Date
or at the Stated Maturity)).

Section 1.14 Force Majeure.

     In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations hereunder arising out of or caused by, directly or indirectly,
forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts
of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of
God, and interruptions, loss or malfunctions of utilities, communications or computer (software and
hardware) services; it being understood that the Trustee shall use reasonable efforts which are
consistent with accepted practices in the banking industry to resume performance as soon as
practicable under the circumstances.

ARTICLE II

SECURITY FORMS

Section 2.1 Forms Generally.

     The Securities of each series shall be in substantially the forms set forth in this Article,
or in such other form or forms as shall be established by or pursuant to a Board Resolution or in
one or more indentures supplemental hereto, in each case with such appropriate insertions,
omissions, substitutions and other variations as are required or permitted by this Indenture and
may have such letters, numbers or other marks of identification and such legends or endorsements
placed thereon as may be required to comply with applicable tax laws or the rules of any securities
exchange or as may, consistently herewith, be determined by the officers executing such securities,
as evidenced by their execution of the Securities. If the form of Securities of any series is
established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such
action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered
to the Trustee at or prior to the delivery of the Company Order contemplated by Section 3.3 with
respect to the authentication and delivery of such Securities.

     The Trustee’s certificates of authentication shall be substantially in the form set forth in
this Article.

     The definitive Securities shall be printed, lithographed or engraved or produced by any
combination of these methods, if required by any securities exchange on which the Securities may be
listed, on a steel engraved border or steel engraved borders or may be produced in any other manner

12

 

permitted by the rules of any securities exchange on which the Securities may be listed, all
as determined by the officers executing such Securities, as evidenced by their execution of such
securities.

Section 2.2 Form of Face of Security.

FIRST FINANCIAL BANCORP.

___% JUNIOR SUBORDINATED DEBENTURE DUE

	 	 	 
	Registered

	 	Principal Amount:
	 
	 	 
	No.

	 	CUSIP No.:

     First Financial Bancorp., a corporation organized and existing under the laws of Ohio
(hereinafter called the “Company”, which term includes any successor corporation under the
Indenture hereinafter referred to), for value received, hereby promises to pay to ___, or
registered assigns, the principal sum of ___Dollars on ___; provided that the Company may (i)
shorten the Stated Maturity of the principal of this Security to a date not earlier than ___, and
(ii) extend the Stated Maturity of the principal of this Security at any time on one or more
occasions, subject to certain conditions specified in Section 3.14 of the Indenture, but in no
event to a date later than ___. The Company further promises to pay interest on said principal sum
from ___or from the most recent interest payment date (each such date, an “Interest Payment Date”)
on which interest has been paid or duly provided for, quarterly (subject to deferral as set forth
herein) in arrears on the ___day of ___, ___, ___, and ___of each year commencing ___at the rate of
___% per annum, until the principal hereof shall have become due and payable, plus Additional
Interest, if any, until the principal hereof is paid or duly provided for or made available for
payment and on any overdue principal and (without duplication and to the extent that payment of
such interest is enforceable under applicable law) on any overdue installment of interest at the
rate of ___% per annum, compounded quarterly. The amount of interest payable for any period shall
be computed on the basis of twelve 30-day months and a 360-day year. The amount of interest payable
for any partial period shall be computed on the basis of the number of days elapsed in a 360-day
year of twelve 30-day months. In the event that any date on which interest is payable on this
Security is not a Business Day, then a payment of the interest payable on such date will be made on
the next succeeding day which is a Business Day (and without any interest or other payment in
respect of any such delay), except that, if such Business Day is in the next succeeding calendar
year, such payment shall be made on the immediately preceding Business Day, in each case with the
same force and effect as if made on the date the payment was originally payable. A “Business Day”
shall mean any day other than (i) a Saturday or Sunday, (ii) a day on which banking institutions in
The City of New York are authorized or required by law or executive order to remain closed or (iii)
a day on which the Corporate Trust Office of the Trustee, or the principal office of the Property
Trustee under the Trust Agreement (hereinafter referred to) for [NAME OF TRUST] is closed for
business. The interest installment so payable, and punctually paid or duly provided for, on any
Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this
Security (or one or more Predecessor Securities) is registered at the close of business on the
Regular Record Date for such interest installment, which shall be [insert Record Date] next
preceding such Interest Payment Date. Any such interest installment not so punctually paid or duly
provided for shall forthwith cease to be payable to the Holder on such Regular Record Date and may
either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is
registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than ___days prior to such Special Record Date, or be paid at any time in any other
lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities of this series may be listed, and upon such notice as may be required by such exchange,
all as more fully provided in said Indenture.

13

 

     So long as no Event of Default has occurred and is continuing, the Company shall have the
right at any time during the term of this Security to defer payment of interest on this Security,
at any time or from time to time, for up to ___consecutive ___interest payment periods with respect
to each deferral period, but up to not less than 20 consecutive quarters (each an “Extension
Period”), (during which Extension Periods the Company shall have the right to make partial payments
of interest on any Interest Payment Date, and at the end of which the Company shall pay all
interest then accrued and unpaid (together with Additional Interest thereon to the extent permitted
by applicable law)); provided, however, that no Extension Period shall extend beyond the Stated
Maturity of the principal of this Security; provided, further, that during any such Extension
Period, the Company shall not, and shall not permit any Subsidiary of the Company to, (i) declare
or pay any dividends or distributions or redeem, purchase, acquire or make a liquidation payment
with respect to, any of the Company’s capital stock (which includes common and preferred stock), or
(ii) make any payment of principal of or interest or premium, if any, on or repay, repurchase or
redeem any debt security of the Company (including Securities issued by the Company pursuant to the
Indenture other than the Securities represented by this certificate) that ranks pari passu with or
junior in interest to this Security or make any guarantee payments with respect to any guarantee by
the Company of the debt securities of any Subsidiaries of the Company (including FFBC Guarantees
other than the Guarantee related to the Preferred Capital Securities issued by [NAME OF TRUST]) if
such guarantee ranks pari passu with or junior in interest to this Security (other than (a)
dividends or distributions in Common Stock of the Company, (b) any declaration of a dividend in
connection with the implementation of a stockholders’ rights plan, or the issuance of stock under
any such plan in the future or the redemption or repurchase of any such rights pursuant thereto,
(c) payments under the FFBC Guarantee related to the Preferred Capital Securities issued by [NAME
OF TRUST], and (d) purchases of Common Stock related to the issuance of Common Stock or rights
under any of the Company’s benefit plans for its directors, officers or employees). Prior to the
termination of any such Extension Period, the Company may further extend such Extension Period,
provided that such extension does not cause such Extension Period to exceed ___consecutive interest
payment periods or to extend beyond the Stated Maturity. Upon the termination of any such Extension
Period and upon the payment of all amounts then due, and subject to the foregoing limitation, the
Company may elect to begin a new Extension Period. No interest shall be due and payable during an
Extension Period except at the end thereof. The Company shall give the Trustee, the Property
Trustee and the Administrative Trustees of [NAME OF TRUST] notice of its election to begin any
Extension Period at least ___Business Days prior to the earlier of (i) the date on which
Distributions on the Preferred Capital Securities would be payable except for the election to begin
such Extension Period, or (ii) the date the Administrative Trustees are required to give notice to
any automated quotation system or to holders of such Preferred Capital Securities of the record
date or the date such Distributions are payable, but in any event not less than ___Business Days
prior to such record date.

     Payment of the principal of (and premium, if any) and interest on this Security will be made
at the office or agency of the Company maintained for that purpose in the United States, in such
coin or currency of the United States of America as at the time of payment is legal tender for
payment of public and private debts; provided, however, that at the option of the Company payment
of interest may be made (i) by check mailed to the address of the Person entitled thereto as such
address shall appear in the Securities Register or (ii) by wire transfer in immediately available
funds at such place and to such account as may be designated by the Person entitled thereto as
specified in the Securities Register. The indebtedness evidenced by this Security is, to the extent
provided in the Indenture, unsecured and will rank junior and subordinate and subject in right of
payments to the prior payment in full of all Senior and Subordinated Debt, and this Security is
issued subject to the provisions of the Indenture with respect thereto. Each Holder of this
Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b)
authorizes and directs the Trustee on his behalf to take such actions as may be necessary or
appropriate to effectuate the subordination so provided and (c) appoints the Trustee his
attorney-in-fact for any and all such purposes. Each Holder hereof, by his acceptance hereof,
waives all notice of the

14

 

acceptance of the subordination provisions contained herein and in the Indenture by each
holder of Senior and Subordinated Debt, whether now outstanding or hereafter incurred, and waives
reliance by each such holder upon said provisions.

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

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

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

	 	 	 	 	 
	 	FIRST FINANCIAL BANCORP.

 	 
	 	By:  	 	 
	 	 	[President or Vice President] 	 
	 	 	 	 
	 

Section 2.3 Form of Reverse of Security.

     This Security is one of a duly authorized issue of securities of the Company (herein called
the “Securities”), issued and to be issued in one or more series under a Junior Subordinated
Indenture, dated as of ___(herein called the “Indenture”), between the Company and Wilmington Trust
Company, not in its individual capacity but solely as Trustee (herein called the “Trustee”, which
term includes any successor trustee under the Indenture), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective rights, limitations
of rights, duties and immunities thereunder of the Trustee, the Company and the Holders of the
Securities, and of the terms upon which the Securities are, and are to be, authenticated and
delivered. This Security is one of the series designated on the face hereof, limited in aggregate
principal amount to $___.

     All terms used in this Security that are defined in the Indenture and in the Trust Agreement,
dated as of ___, ___, as amended (the “Trust Agreement”), for [insert name of trust] among First
Financial Bancorp., as Depositor, the Administrative Trustees and the Trustees named therein, shall
have the meanings assigned to them in the Indenture or the Trust Agreement, as the case may be.

     [If applicable, insert—The Company may at any time, at its option, on or after ___, and
subject to the terms and conditions of Article XI of the Indenture], [if applicable insert—and
subject to the Company having received prior approval of the Board of Governors of the Federal
Reserve System (the “Federal Reserve”) if then required under applicable capital guidelines or
policies of the Federal Reserve] redeem this Security [in whole at any time] [or in part from time
to time], without premium or penalty, at a redemption price equal to [insert redemption price] to
the Redemption Date.)

     [If applicable, insert—Upon the occurrence and during the continuation of a Tax Event in
respect of a FFBC Capital Trust, the Company may, at its option, at any time within 90 days of the
occurrence of such Tax Event redeem this Security, [if applicable, insert—in whole but not in
part], subject to the provisions of Section 11.7 and the other provisions of Article XI of the
Indenture, at a redemption price equal to [insert redemption price] to the Redemption Date.

15

 

     [If applicable, insert—In the event of redemption of this Security in part only, a new
Security or Securities of this series for the portion hereof not redeemed will be issued in the
name of the Holder hereof upon the cancellation hereof.]

     The Indenture contains provisions for satisfaction and discharge of the entire indebtedness of
this Security upon compliance by the Company with certain conditions set forth in the Indenture.

     The Indenture permits, with certain exceptions as therein provided, the Company and the
Trustee at any time to enter into a supplemental indenture or indentures for the purpose of
modifying in any manner the rights and obligations of the Company and of the Holders of the
Securities, with the consent of the Holders of not less than a majority in principal amount of the
Outstanding Securities of each series to be affected by such supplemental indenture. The Indenture
also contains provisions permitting Holders of specified percentages in principal amount of the
Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of
such series, to waive compliance by the Company with certain provisions of the Indenture and
certain past defaults under the Indenture and their consequences. Any such consent or waiver by the
Holder of this Security shall be conclusive and binding upon such Holder and upon all future
Holders of this Security and of any Security issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon
this Security.

     [If the Security is not a Discount Security,—As provided in and subject to the provisions of
the Indenture, if an Event of Default with respect to the Securities of this series at the time
Outstanding occurs and is continuing, then and in every such case the Trustee or the Holders of not
less than 25% in principal amount of the Outstanding Securities of this series may declare the
principal amount of all the Securities of this series to be due and payable immediately, by a
notice in writing to the Company (and to the Trustee if given by Holders), provided that, in the
case of the Securities of this series issued to a FFBC Capital Trust, if upon an Event of Default,
the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities
of this series fails to declare the principal of all the Securities of this series to be
immediately due and payable, the holders of at least 25% in aggregate Liquidation Amount of the
Preferred Capital Securities then outstanding shall have such right by a notice in writing to the
Company and the Trustee; and upon any such declaration the principal amount of and the accrued
interest (including any Additional Interest) on all the Securities of this series shall become
immediately due and payable, provided that the payment of principal and interest (including any
Additional Interest) on such Securities shall remain subordinated to the extent provided in Article
XIII of the Indenture.]

     [If the Security is a Discount Security,—As provided in and subject to the provisions of the
Indenture, if an Event of Default with respect to the Securities of this series at the time
Outstanding occurs and is continuing, then and in every such case the Trustee or the Holders of not
less than such portion of the principal amount as may be specified in the terms of this series may
declare an amount of principal of the Securities of this series to be due and payable immediately,
by a notice in writing to the Company (and to the Trustee if given by Holders), provided that, in
the case of the Securities of this series issued to a FFBC Capital Trust, if upon an Event of
Default, the Trustee or the Holders of not less than 25% in principal amount of the Outstanding
Securities of this series fails to declare the principal of all the Securities of this series to be
immediately due and payable, the holders of at least 25% in aggregate Liquidation Amount of the
Preferred Capital Securities then outstanding shall have such right by a notice in writing to the
Company and the Trustee. Such amount shall be equal to [insert formula for determining the amount].
Upon any such declaration, such amount of the principal of and the accrued interest (including any
Additional Interest) on all the Securities of this series shall become immediately due and payable,
provided that the payment of principal and interest (including any Additional Interest) on such
Securities shall remain subordinated to the extent provided in Article XIII of the Indenture. Upon

16

 

payment (i) of the amount of principal so declared due and payable and (ii) of interest on any
overdue principal and overdue interest (in each case to the extent that the payment of such
interest shall be legally enforceable), all of the Company’s obligations in respect of the payment
of the principal of and interest, if any, on this Security shall terminate.]

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

     As provided in the Indenture and subject to certain limitations therein set forth, the
transfer of this Security is registrable in the Securities Register, upon surrender of this
Security for registration of transfer at the office or agency of the Company maintained under
Section 10.2 of the Indenture duly endorsed by, or accompanied by a written instrument of transfer
in form satisfactory to the Company and the Securities Registrar duly executed by, the Holder
hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this
series, of authorized denominations and for the same aggregate principal amount, will be issued to
the designated transferee or transferees. No service charge shall be made for any such registration
of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax
or other governmental charge payable in connection therewith.

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

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

     The Company and, by its acceptance of this Security or a beneficial interest therein, the
Holder of, and any Person that acquires a beneficial interest in, this Security agree that for
United States Federal, state and local tax purposes it is intended that this Security constitute
indebtedness.

     THE INDENTURE AND THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS
OF THE STATE OF [NEW YORK] WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF.

Section 2.4 Additional Provisions Required in Global Security.

     Any Global Security issued hereunder shall, in addition to the provisions contained in
Sections 2.2 and 2.3, bear a legend in substantially the following form:

     “THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED
TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS
EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS
NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND MAY NOT BE TRANSFERRED
EXCEPT AS A WHOLE BY THE DEPOSITARY TO A

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NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER
NOMINEE OF THE DEPOSITARY.”

Section 2.5 Form of Trustee’s Certificate of Authentication.

     This is one of the Securities referred to in the within mentioned Indenture.

	 	 	 	 	 
	 	WILMINGTON TRUST COMPANY,

not in its individual capacity but solely as Trustee

 	 
	 	By:  	 	 
	 	 	Authorized Officer 	 

ARTICLE III

THE SECURITIES

Section 3.1 Title and Terms.

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

     The Securities may be issued in one or more series. There shall be established in or pursuant
to a Board Resolution, and set forth in an Officers’ Certificate (such Officers’ Certificate shall
have the effect of a supplemental indenture for all purposes hereunder), or established in one or
more indentures supplemental hereto, prior to the issuance of Securities of a series:

     (a) the title of the securities of such series, which shall distinguish the Securities of the
series from all other Securities;

     (b) the limit, if any, upon the aggregate principal amount of the Securities of such series
which may be authenticated and delivered under this Indenture (except for Securities authenticated
and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities
of the series pursuant to Section 3.4, 3.5, 3.6, 9.6 or 11.6 and except for any Securities which,
pursuant to Section 3.3, are deemed never to have been authenticated and delivered hereunder);
provided, however, that the authorized aggregate principal amount of such series may be increased
above such amount by a Board Resolution to such effect;

     (c) the Stated Maturity or Maturities on which the principal of the Securities of such series
is payable or the method of determination thereof;

     (d) the rate or rates, if any, at which the Securities of such series shall bear interest, if
any, the rate or rates and extent to which Additional Interest, if any, shall be payable in respect
of any Securities of such series, the Interest Payment Dates on which such interest shall be
payable, the right, pursuant to Section 3.11 or as otherwise set forth therein, of the Company to
defer or extend an Interest Payment Date, and the Regular Record Date for the interest payable on
any Interest Payment Date or the method by which any of the foregoing shall be determined;

     (e) the place or places where the principal of (and premium, if any) and interest on the
Securities of such series shall be payable, the place or places where the Securities of such series
may be

18

 

presented for registration of transfer or exchange, and the place or places where notices and
demands to or upon the Company in respect of the Securities of such series may be made;

     (f) the period or periods within or the date or dates on which, if any, the price or prices at
which and the terms and conditions upon which the Securities of such series may be redeemed, in
whole or in part, at the option of the Company;

     (g) the obligation or the right, if any, of the Company to prepay, repay or purchase the
Securities of such series pursuant to any sinking fund, amortization or analogous provisions, or at
the option of a Holder thereof, and the period or periods within which, the price or prices at
which, the currency or currencies (including currency unit or units) in which and the other terms
and conditions upon which Securities of the series shall be redeemed, repaid or purchased, in whole
or in part, pursuant to such obligation;

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

     (i) if other than Dollars, the currency or currencies (including currency unit or units) in
which the principal of (and premium, if any) and interest, if any, on the Securities of the series
shall be payable, or in which the Securities of the series shall be denominated;

     (j) the additions, modifications or deletions, if any, in the Events of Default or covenants
of the Company set forth herein with respect to the Securities of such series;

     (k) if other than the principal amount thereof, the portion of the principal amount of
Securities of such series that shall be payable upon declaration of acceleration of the Maturity
thereof;

     (l) the additions or changes, if any, to this Indenture with respect to the Securities of such
series as shall be necessary to permit or facilitate the issuance of the Securities of such series
in bearer form, registrable or not registrable as to principal, and with or without interest
coupons;

     (m) any index or indices used to determine the amount of payments of principal of and premium,
if any, on the Securities of such series or the manner in which such amounts will be determined;

     (n) whether the Securities of the series, or any portion thereof, shall initially be issuable
in the form of a temporary Global Security representing all or such portion of the Securities of
such series and provisions for the exchange of such temporary Global Security for definitive
Securities of such series;

     (o) if applicable, that any Securities of the series shall be issuable in whole or in part in
the form of one or more Global Securities and, in such case, the respective Depositaries for such
Global Securities, the form of any legend or legends which shall be borne by any such Global
Security in addition to or in lieu of that set forth in Section 2.4 and any circumstances in
addition to or in lieu of those set forth in Section 3.5 in which any such Global Security may be
exchanged in whole or in part for Securities registered, and any transfer of such Global Security
in whole or in part may be registered, in the name or names of Persons other than the Depositary
for such Global Security or a nominee thereof;

     (p) the appointment of any Paying Agent or Agents for the Securities of such series;

     (q) the terms of any right to convert or exchange Securities of such series into any other
securities or property of the Company, and the additions or changes, if any, to this Indenture with
respect to the Securities of such series to permit or facilitate such conversion or exchange;

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     (r) the form or forms of the Trust Agreement, Amended and Restated Trust Agreement and
Guarantee Agreement, if different from the forms attached hereto as Annexes A, B and C,
respectively;

     (s) the relative degree, if any, to which the Securities of the series shall be senior to or
be subordinated to other series of Securities in right of payment, whether such other series of
Securities are Outstanding or not; and

     (t) any other terms of the Securities of such series (which terms shall not be inconsistent
with the provisions of this Indenture).

     All Securities of any one series shall be substantially identical except as to denomination
and except as may otherwise be provided herein or in or pursuant to such Board Resolution and set
forth in such Officers’ Certificate or in any such indenture supplemental hereto.

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

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

     Notwithstanding anything other provision of this Indenture, so
long as a series of Securities is a Global Security, the
parties hereto will be bound at all times by the applicable
procedures of the Depositary with respect to such series.

Section 3.2 Denominations.

     The Securities of each series shall be in registered form without coupons and shall be
issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof,
unless otherwise specified as contemplated by Section 3.1.

Section 3.3 Execution, Authentication, Delivery and Dating.

     The Securities shall be executed on behalf of the Company by its President or one of its Vice
Presidents under its corporate seal reproduced or impressed thereon and attested by its Secretary
or one of its Assistant Secretaries. The signature of any of these officers on the Securities may
be manual or facsimile. Securities bearing the manual or facsimile signatures of individuals who
were at any time the proper officers of the Company shall bind the Company, notwithstanding that
such individuals or any of them have ceased to hold such offices prior to the authentication and
delivery of such Securities or did not hold such offices at the date of such Securities. At any
time and from time to time after the execution and delivery of this Indenture, the Company may
deliver Securities of any series executed by the Company to the Trustee for authentication,
together with a Company Order for the authentication and delivery of such Securities, and the
Trustee in accordance with the Company Order shall authenticate and deliver such Securities. If the
form or terms of the Securities of the series have been established by or pursuant to one or more
Board Resolutions as permitted by Sections 2.1 and 3.1, in authenticating such Securities, and
accepting the additional responsibilities under this Indenture in relation to such Securities, the
Trustee shall be provided with, and (subject to Section 6.2) shall be fully protected in relying
upon, an Opinion of Counsel stating,

     (1) if the form of such Securities has been established by or pursuant to Board Resolution as
permitted by Section 2.1, that such form has been established in conformity with the provisions of
this Indenture;

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     (2) if the terms of such Securities have been established by or pursuant to Board Resolution
as permitted by Section 3.1, that such terms have been established in conformity with the
provisions of this Indenture; and

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

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

     Notwithstanding the provisions of Section 3.1 and of the preceding paragraph, if all
Securities of a series are not to be originally issued at one time, it shall not be necessary to
deliver the Officers’ Certificate otherwise required pursuant to Section 3.1 or the Company Order
and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior to the
authentication of each Security of such series if such documents are delivered at or prior to the
authentication upon original issuance of the first Security of such series to be issued.

     Each Security shall be dated the date of its authentication.

     No Security shall be entitled to any benefit under this Indenture or be valid or obligatory
for any purpose, unless there appears on such Security a certificate of authentication
substantially in the form provided for herein executed by the Trustee by the manual signature of
one of its authorized officers, and such certificate upon any Security shall be conclusive
evidence, and the only evidence, that such Security has been duly authenticated and delivered
hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and
delivered hereunder but never issued and sold by the Company, and the Company shall deliver such
Security to the Trustee for cancellation as provided in Section 3.9, for all purposes of this
Indenture such Security shall be deemed never to have been authenticated and delivered hereunder
and shall never be entitled to the benefits of this Indenture.

Section 3.4 Temporary Securities.

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

     If temporary Securities of any series are issued, the Company will cause definitive Securities
of such series to be prepared without unreasonable delay. After the preparation of definitive
Securities, the temporary Securities shall be exchangeable for definitive Securities upon surrender
of the temporary Securities at the office or agency of the Company designated for that purpose
without charge to the Holder. Upon surrender for cancellation of any one or more temporary
Securities, the Company shall execute and the Trustee shall authenticate and deliver in exchange
therefor one or more definitive Securities of the same series of authorized denominations having
the same Original Issue Date and Stated Maturity and having the same terms as such temporary
Securities. Until so exchanged, the temporary

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Securities of any series shall in all respects be entitled to the same benefits under this
Indenture as definitive Securities of such series.

Section 3.5 Registration, Transfer and Exchange.

     The Company shall cause to be kept at the Corporate Trust Office of the Trustee a register in
which, subject to such reasonable regulations as it may prescribe, the Company shall provide for
the registration of Securities and of transfers of Securities. Such register is herein sometimes
referred to as the “Securities Register.” The Trustee is hereby appointed “Securities Registrar”
for the purpose of registering Securities and transfers of Securities as herein provided.

     Upon surrender for registration of transfer of any Security at the office or agency of the
Company designated for that purpose, the Company shall execute, and the Trustee shall authenticate
and deliver, in the name of the designated transferee or transferees, one or more new Securities of
the same series of any authorized denominations, of a like aggregate principal amount, of the same
Original Issue Date and Stated Maturity and having the same terms.

     At the option of the Holder, Securities may be exchanged for other Securities of the same
series of any authorized denominations, of a like aggregate principal amount, of the same Original
Issue Date and Stated Maturity and having the same terms, upon surrender of the Securities to be
exchanged at such office or agency. Whenever any securities are so surrendered for exchange, the
Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the
Holder making the exchange is entitled to receive.

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

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

     No service charge shall be made to a Holder for any transfer or exchange of Securities, but
the Company may require payment of a sum sufficient to cover any tax or other governmental charge
that may be imposed in connection with any transfer or exchange of Securities.

     No service charge shall be made to a Holder for any transfer or exchange of Securities, but
the Company may require payment of a sum sufficient to cover any tax or other governmental charge
that may be imposed in connection with any transfer or exchange of Securities.

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

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

     (2) Notwithstanding any other provision in this Indenture, no Global Security may be exchanged
in whole or in part for Securities registered, and no transfer of a Global Security in whole or in
part may be registered, in the name of any Person other than the Depositary for such Global
Security or a

22

 

nominee thereof unless (A) such Depositary (i) has notified the Company that it is unwilling
or unable to continue as Depositary for such Global Security or (ii) has ceased to be a clearing
agency registered under the Exchange Act at a time when the Depositary is required to be so
registered to act as depositary, in each case unless the Company has approved a successor
Depositary within 90 days, (B) there shall have occurred and be continuing an Event of Default with
respect to such Global Security, (C) the Company in its sole discretion determines that such Global
Security will be so exchangeable or transferable or (D) there shall exist such circumstances, if
any, in addition to or in lieu of the foregoing as have been specified for this purpose as
contemplated by Section 3.1.

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

     (4) Every Security authenticated and delivered upon registration of transfer of, or in
exchange for or in lieu of, a Global Security or any portion thereof, whether pursuant to this
Section, Section 3.4, 3.6, 9.6 or 11.6 or otherwise, shall be authenticated and delivered in the
form of, and shall be, a Global Security, unless such Security is registered in the name of a
Person other than the Depositary for such Global Security or a nominee thereof.

     Neither the Company nor the Trustee shall be required, pursuant to the provisions of this
Section, (a) to issue, transfer or exchange any Security of any series during a period beginning at
the opening of business 15 days before the day of selection for redemption of Securities pursuant
to Article XI and ending at the close of business on the day of mailing of notice of redemption or
(b) to transfer or exchange any Security so selected for redemption in whole or in part, except, in
the case of any Security to be redeemed in part, any portion thereof not to be redeemed.

Section 3.6 Mutilated, Destroyed, Lost and Stolen Securities.

     If any mutilated Security is surrendered to the Trustee together with such security or
indemnity as may be required by the Company or the Trustee to save each of them harmless, the
Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new
Security of the same issue and series of like tenor and principal amount, having the same Original
Issue Date and Stated Maturity, and bearing a number not contemporaneously outstanding.

     If there shall be delivered to the Company and to the Trustee (i) evidence to their
satisfaction of the destruction, loss or theft of any Security, and (ii) such security or indemnity
as may be required by them to save each of them harmless, then, in the absence of notice to the
Company or the Trustee that such Security has been acquired by a bona fide purchaser, the Company
shall execute and upon its request the Trustee shall authenticate and deliver, in lieu of any such
destroyed, lost or stolen Security, a new Security of the same issue and series of like tenor and
principal amount, having the same Original Issue Date and Stated Maturity as such destroyed, lost
or stolen Security, and bearing a number not contemporaneously outstanding.

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

     Upon the issuance of any new Security under this Section, the Company may require the payment
of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation
thereto and any other expenses (including the fees and expenses of the Trustee) connected
therewith.

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     Every new Security issued pursuant to this Section in lieu of any destroyed, lost or stolen
Security shall constitute an original additional contractual obligation of the Company, whether or
not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be
entitled to all the benefits of this Indenture equally and proportionately with any and all other
Securities duly issued hereunder.

     The provisions of this Section 3.6 are exclusive and shall preclude (to the extent lawful) all
other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost
or stolen Securities.

Section 3.7 Payment of Interest; Interest Rights Preserved.

     Interest on any Security of any series which is payable, and is punctually paid or duly
provided for, on any Interest Payment Date, shall be paid to the Person in whose name that Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest in respect of Securities of such series, except that, unless
otherwise provided in the Securities of such series, interest payable on the Stated Maturity of the
principal of a Security shall be paid to the Person to whom principal is paid. The initial payment
of interest on any Security of any series which is issued between a Regular Record Date and the
related Interest Payment Date shall be payable as provided in such Security or in the Board
Resolution pursuant to Section 3.1 with respect to the related series of Securities.

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

     (1) The Company may elect to make payment of any Defaulted Interest to the Persons in whose
names the Securities of such series in respect of which interest is in default (or their respective
Predecessor Securities) are registered at the close of business on a Special Record Date for the
payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall
notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each
Security and the date of the proposed payment, and at the same time the Company shall deposit with
the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such
Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to
the date of the proposed payment, such money when deposited to be held in trust for the benefit of
the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon, the Trustee
shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more
than 15 days and not less than 10 days prior to the date of the proposed payment and not less than
10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall
promptly notify the Company of such Special Record Date and, in the name and at the expense of the
Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special
Record Date therefor to be mailed, first class, postage prepaid, to each Holder of a Security of
such series at the address of such Holder as it appears in the Securities Register not less than 10
days prior to such Special Record Date. The Trustee may, in its discretion, in the name and at the
expense of the Company, cause a similar notice to be published at least once in a newspaper,
customarily published in the English language on each Business Day and of general circulation in
the Borough of Manhattan (an “Authorized Newspaper”), The City of New York, but such publication
shall not be a condition precedent to the establishment of such Special Record Date. Notice of the
proposed payment of such Defaulted Interest and the Special Record Date therefor having been mailed
as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names the Securities of
such series (or their

24

 

respective Predecessor Securities) are registered on such Special Record Date and shall no
longer be payable pursuant to the following Clause (2).

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

     Subject to the foregoing provisions of this Section 3.7, each Security delivered under this
Indenture upon transfer of or in exchange for or in lieu of any other Security shall carry the
rights to interest accrued and unpaid, and to accrue, which were carried by such other Security.

Section 3.8 Persons Deemed Owners.

     The Company, the Trustee and any agent of the Company or the Trustee may treat the Person in
whose name any Security is registered as the owner of such Security for the purpose of receiving
payment of principal of and (subject to Section 3.7) any interest on such Security and for all
other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the
Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary.

Section 3.9 Cancellation.

     All Securities surrendered for payment, redemption, transfer or exchange shall, if surrendered
to any Person other than the Trustee, be delivered to the Trustee, and any such Securities and
Securities surrendered directly to the Trustee for any such purpose shall be promptly canceled by
it. The Company may at any time deliver to the Trustee for cancellation any Securities previously
authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever,
and all Securities so delivered shall be promptly canceled by the Trustee. No Securities shall be
authenticated in lieu of or in exchange for any Securities canceled as provided in this Section,
except as expressly permitted by this Indenture. All canceled Securities shall be disposed of by
the Trustee and the Trustee shall deliver to the Company upon its request therefor a certificate of
such disposal.

Section 3.10 Computation of Interest.

     Except as otherwise specified as contemplated by Section 3.1 for Securities of any series,
interest on the Securities of each series for any period shall be computed on the basis of a
360-day year of twelve 30-day months and interest on the Securities of each series for any partial
period shall be computed on the basis of the number of days elapsed in a 360-day year of twelve
30-day months.

Section 3.11 Deferrals of Interest Payment Dates.

     If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a
particular series, so long as no Event of Default has occurred and is continuing, the Company shall
have the right, at any time during the term of such series, from time to time to defer the payment
of interest on such Securities for such period or periods as may be specified as contemplated by
Section 3.1, but up to not less than 20 consecutive quarters or five consecutive years (each, an
“Extension Period”) during which Extension Periods the Company shall have the right to make partial
payments of interest on any Interest Payment Date. No Extension Period shall end on a date other
than an Interest Payment Date. At the end of any such Extension Period the Company shall pay all
interest then accrued and unpaid on the

25

 

Securities (together with Additional Interest thereon, if any, at the rate specified for the
Securities of such series to the extent permitted by applicable law); provided, however, that no
Extension Period shall extend beyond the Stated Maturity of the principal of the Securities of such
series; provided, further, that during any such Extension Period, the Company shall not, and shall
not permit any Subsidiary to, (i) declare or pay any dividends or distributions on, or redeem,
purchase, acquire or make a liquidation payment with respect to, any of the Company’s capital stock
(which includes common and preferred stock), or (ii) make any payment of principal of or interest
or premium, if any, on or repay, repurchase or redeem any debt securities of the Company (including
Securities other than the Securities of such series) that ranks pari passu with or junior in
interest to the Securities of such series or make any guarantee payments with respect to any
guarantee by the Company of the debt securities of any Subsidiary of the Company (including FFBC
Guarantees other than the FFBC Guarantee related to the Preferred Capital Securities issued by the
FFBC Capital Trust holding Securities of such series) if such guarantee rank pari passu with or
junior in interest to the securities of such series (other than (a) dividends or distributions in
Common Stock of the Company, (b) any declaration of a dividend in connection with the
implementation of a stockholders’ rights plan, or the issuance of stock under any such plan in the
future or the redemption or repurchase of any such rights pursuant thereto, (c) payments under the
FFBC Guarantee related to the Preferred Capital Securities issued by the FFBC Capital Trust holding
Securities of such series, and (d) purchases of Common Stock related to the issuance of Common
Stock or rights under any of the Company’s benefit plans for its directors, officers or employees).
Prior to the termination of any such Extension Period, the Company may further extend such
Extension Period, provided that such extension does not cause such Extension Period to extend
beyond the Stated Maturity of the principal of such Securities. Upon termination of any Extension
Period and upon the payment of all accrued and unpaid interest and any Additional Interest then due
on any Interest Payment Date, the Company may elect to begin a new Extension Period, subject to the
above requirements. No interest shall be due and payable during an Extension Period, except at the
end thereof. The Company shall give the Trustee, the Property Trustee and the Administrative
Trustees of the FFBC Capital Trust holding Securities of such series notice of its election of any
Extension Period (or an extension thereof) at least five Business Days prior to the earlier of (i)
the next succeeding date on which Distributions on the Preferred Capital Securities of such FFBC
Capital Trust would be payable except for the election to begin or extend such Extension Period or
(ii) the date the Administrative Trustees of such FFBC Capital Trust are required to give notice to
any automated quotation system or to holders of such Preferred Capital Securities of the record
date or the date such Distributions are payable, but in any event not less than five Business Days
prior to such record date.

     The Trustee shall promptly give notice of the Company’s election to begin any such Extension
Period to the Holders of the Outstanding Securities of such series.

Section 3.12 Right of Set-Off.

     With respect to the Securities of a series initially issued to a FFBC Capital Trust,
notwithstanding anything to the contrary herein, the Company shall have the right to set off any
payment it is otherwise required to make in respect of any such Security to the extent the Company
has theretofore made, or is concurrently on the date of such payment making, a payment under the
Guarantee Agreement relating to such Security or to a holder of Trust Securities pursuant to an
action undertaken under Section 5.8 of this Indenture.

Section 3.13 Agreed Tax Treatment.

     Each Security issued hereunder shall provide that the Company and, by its acceptance of a
Security or a beneficial interest therein, the Holder of, and any Person that acquires a beneficial
interest in,

26

 

such Security agree that for United States Federal, state and local tax purposes it is
intended that such Security constitute indebtedness.

Section 3.14 Shortening or Extension of Stated Maturity.

     If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a
particular series, the Company shall have the right to (i) shorten the Stated Maturity of the
principal of the Securities of such series at any time to any date not earlier than the first date
on which the Company has the right to redeem the Securities of such series, and (ii) extend the
Stated Maturity of the principal of the Securities of such series at any time at its election for
one or more periods, but in no event to a date later than the 49th anniversary of the first
Interest Payment Date following the Original Issue Date of the Securities of such series; provided
that, if the Company elects to exercise its right to extend the Stated Maturity of the principal of
the Securities of such series pursuant to clause (ii) above, at the time such election is made and
at the time of extension (A) the Company is not in bankruptcy, otherwise insolvent or in
liquidation, (B) the Company is not in default in the payment of any interest or principal on such
Securities, (C) in the case of any series of Securities issued to a FFBC Capital Trust, such FFBC
Capital Trust is not in arrears on payments of Distributions on the Preferred Capital Securities
issued by such FFBC Capital Trust and no deferred Distributions are accumulated and (D) such
Securities are rated not less than BBB- by S&P or Baa3 by Moody’s or the equivalent by any other
nationally recognized statistical rating organization. In the event the Company elects to shorten
or extend the Stated Maturity of the Securities of any series, it shall give notice to the Trustee,
and the Trustee shall give notice of such shortening or extension to the Holders thereof no less
than 30 and no more than 60 days prior to the effectiveness thereof.

Section 3.15 CUSIP Numbers.

     The Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and,
if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders;
provided that any such notice may state that no representation is made as to the correctness of
such numbers either as printed on the
Securities or as contained in any notice of a redemption and that reliance may be placed only
on the other identification numbers printed on the Securities, and any such redemption shall not be
affected by any defect in or omission of such numbers.

ARTICLE IV

SATISFACTION AND DISCHARGE

Section 4.1 Satisfaction and Discharge of Indenture.

     This Indenture shall, upon Company Request, cease to be of further effect (except as to any
surviving rights of registration of transfer or exchange of Securities herein expressly provided
for and as otherwise provided in this Section 4.1) and the Trustee, on demand of and at the expense
of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this
Indenture, when

     (1) either

          (A) all Securities theretofore authenticated and delivered (other than (i) Securities which
have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 3.6
and (ii) Securities for whose payment money has theretofore been deposited in trust or segregated
and

27

 

held in trust by the Company and thereafter repaid to the Company or discharged from such
trust, as provided in Section 10.3) have been delivered to the Trustee for cancellation; or

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

               (i) have become due and payable, or

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

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

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

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

     Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the
Company to the Trustee under Section 6.6, the obligations of the Trustee to any Authenticating
Agent under Section 6.11 and, if money shall have been deposited with the Trustee pursuant to
subclause (B) of clause (1) of this Section, the obligations of the Trustee under Section 4.2 and
the last paragraph of Section 10.3 shall survive such satisfaction and discharge.

Section 4.2 Application of Trust Money.

     Subject to the provisions of the last paragraph of Section 10.3, all money deposited with the
Trustee pursuant to Section 4.1 shall be held in trust and applied by the Trustee, in accordance
with the provisions of the

     Securities and this Indenture, to the payment, either directly or through any Paying Agent
(including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons
entitled thereto, of the principal (and premium, if any) and interest for the payment of which such
money or obligations have been deposited with or received by the Trustee.

ARTICLE V

REMEDIES

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Section 5.1 Events of Default.

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

     (1) default in the payment of any interest upon any Security of that series, including any
Additional Interest in respect thereof, when it becomes due and payable, and continuance of such
default for a period of 30 days (subject to the deferral of any due date in the case of an
Extension Period) or, if later, the conclusion of a period consisting 20 or more consecutive
quarters, commencing with the quarter following the earliest quarter for which interest (including
interest payments deferred pursuant to Section 3.11) has not been paid in full; or

     (2) the entry of a decree or order for relief in respect of the Company by a court having
jurisdiction in the premises in an involuntary case under the Federal bankruptcy laws, as now or
hereafter constituted, and the continuance of any such decree or order unstayed and in effect for a
period of 60 consecutive days; or

     (3) the commencement by the Company of a voluntary case under the Federal bankruptcy laws, as
now or hereafter constituted, or the consent by the Company to the entry of a decree or order for
relief in an involuntary case under any such law; or

     (4) the related FFBC Capital Trust shall have voluntarily or involuntarily dissolved, wound-up
its business or otherwise terminated its existence, except in connection with (i) the distribution
of Securities to holders of the Preferred Capital Securities, (ii) the redemption of Securities and
the related series of Preferred Capital Securities or (iii) a consolidation, merger, conveyance,
transfer or lease permitted by Section 8.1 of this Indenture; or

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

Section 5.2 Acceleration of Maturity; Rescission and Annulment.

     If an Event of Default with respect to Securities of any series at the time Outstanding occurs
and is continuing, then and in every such case the Trustee or the Holders of not less than 25% in
principal amount of the Outstanding Securities of that series may declare the principal amount (or,
if the Securities of that series are Discount Securities, such portion of the principal amount as
may be specified in the terms of that series) of all the Securities of that series to be due and
payable immediately, by a notice in writing to the Company (and to the Trustee if given by
Holders), provided that, in the case of the Securities of a series issued to a FFBC Capital Trust,
if, upon an Event of Default, the Trustee or the Holders of not less than 25% in principal amount
of the Outstanding Securities of that series fail to declare the principal of all the Securities of
that series to be immediately due and payable, the holders of at least 25% in aggregate liquidation
amount of the corresponding series of Preferred Capital Securities then outstanding shall have such
right by a notice in writing to the Company and the Trustee; and upon any such declaration such
principal amount (or specified portion thereof) of and the accrued interest (including any
Additional Interest) on all the Securities of such series shall become immediately due and payable.
Payment of principal and interest (including any Additional Interest) on such Securities shall
remain subordinated to the extent provided in Article XIII notwithstanding that such amount shall
become immediately due and payable as herein provided.

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     At any time after such a declaration of acceleration with respect to Securities of any series
has been made and before a judgment or decree for payment of the money due has been obtained by the
Trustee as provided hereinafter in this Article, the Holders of a majority in principal amount of
the Outstanding Securities of that series, by written notice to the Company and the Trustee, may
rescind and annul such declaration and its consequences if:

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

     (A) all overdue installments of interest (including any Additional Interest) on all
Securities of that series,

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

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

     (2) all Events of Default with respect to Securities of that series, other than the
non-payment of the principal of Securities of that series which has become due solely by such
acceleration, have been cured or waived as provided in Section 5.13.

     In the case of Securities of a series issued to a FFBC Capital Trust, the holders of a
majority in aggregate Liquidation Amount (as defined in the Trust Agreement under which such FFBC
Capital Trust is formed) of the related series of Preferred Capital Securities issued by such FFBC
Capital Trust shall also have the right to rescind and annul such declaration and its consequences
by written notice to the Company and the Trustee subject to the satisfaction of the conditions set
forth in Clauses (1) and (2) above of this Section 5.2.

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

Section 5.3 Collection of Indebtedness and Suits for Enforcement by Trustee.

     The Company covenants that if:

     (1) default is made in the payment of any installment of interest (including any Additional
Interest) on any Security when such interest becomes due and payable and such default continues for
a period of 30 days, or

     (2) default is made in the payment of the principal of (and premium, if any, on) any Security
at the Maturity thereof, the Company will, upon demand of the Trustee, pay to the Trustee, for the
benefit of the Holders of such Securities, the whole amount then due and payable on such Securities
for principal, including any sinking fund payment or analogous obligations (and premium, if any)
and interest (including any Additional Interest); and, in addition thereto, all amounts owing the
Trustee under Section 6.6.

     If the Company 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 Company or any other obligor upon the Securities and collect the
moneys adjudged or

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decreed to be payable in the manner provided by law out of the property of the Company or any
other obligor upon the Securities, wherever situated.

     If an Event of Default with respect to Securities of any series occurs and is continuing, the
Trustee may in its discretion proceed to protect and enforce its rights and the rights of the
Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall
deem most effectual to protect and enforce any such rights, whether for the specific enforcement of
any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein,
or to enforce any other proper remedy.

Section 5.4 Trustee May File Proofs of Claim.

     In case of the pendency of any receivership, insolvency, liquidation, bankruptcy,
reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the
Company or any other obligor upon the Securities or the property of the Company or of such other
obligor or their creditors,

     (a) the Trustee (irrespective of whether the principal of the Securities of any series shall
then be due and payable as therein expressed or by declaration or otherwise and irrespective of
whether the Trustee shall have made any demand on the Company for the payment of overdue principal
(and premium, if any) or interest (including any Additional Interest)) shall be entitled and
empowered, by intervention in such proceeding or otherwise,

               (i) to file and prove a claim for the whole amount of principal (and premium, if any) and
interest (including any Additional Interest) owing and unpaid in respect to the Securities and to
file such other papers or documents as may be necessary or advisable and to take any and all
actions as are authorized under the Trust Indenture Act in order to have the claims of the Holders
and any predecessor to the Trustee under Section 6.6 allowed in any such judicial proceedings; and

               (ii) in particular, the Trustee shall be authorized to collect and receive any moneys or other
property payable or deliverable on any such claims and to distribute the same in accordance with
Section 5.6; and

     (b) any custodian, receiver, assignee, trustee, liquidator, sequestrator (or other similar
official) in any such judicial proceeding is hereby authorized by each Holder to make such payments
to the Trustee for distribution in accordance with Section 5.6, 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 and any predecessor Trustee under Section 6.6.

     Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to
or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or
composition affecting the Securities or the rights of any Holder thereof, or to authorize the
Trustee to vote in respect of the claim of any Holder in any such proceeding; provided, however,
that the Trustee may, on behalf of the Holders, vote for the election of a trustee in bankruptcy or
similar official and be a member of a creditors’ or other similar committee.

Section 5.5 Trustee May Enforce Claim Without Possession of Securities.

     All rights of action and claims under this Indenture or the Securities may be prosecuted and
enforced by the Trustee without the possession of any of the Securities or the production thereof
in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be
brought in its own name as trustee of an express trust, and any recovery of judgment shall, after
provision for the payment of

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all the amounts owing the Trustee and any predecessor Trustee under Section 6.6, its agents
and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such
judgment has been recovered.

Section 5.6 Application of Money Collected.

     Any money or property collected or to be applied by the Trustee with respect to a series of
Securities pursuant to this Article shall be applied in the following order, at the date or dates
fixed by the Trustee and, in case of the distribution of such money or property on account of
principal (or premium, if any) or interest (including any Additional Interest), upon presentation
of the Securities and the notation thereon of the payment if only partially paid and upon surrender
thereof if fully paid:

     FIRST: To the payment of all amounts due the Trustee and any predecessor Trustee under Section
6.6;

     SECOND: Subject to Article XIII, to the payment of the amounts then due and unpaid upon such
series of Securities for principal (and premium, if any) and interest (including any Additional
Interest), in respect of which or for the benefit of which such money has been collected, ratably,
without preference or priority of any kind, according to the amounts due and payable on such series
of Securities for principal (and premium, if any) and interest (including any Additional Interest),
respectively; and

     THIRD: The balance, if any, to the Company.

Section 5.7 Limitation on Suits.

     No Holder of any Securities of any series shall have any right to institute any proceeding,
judicial or otherwise, with respect to this Indenture or for the appointment of a receiver,
assignee, trustee, liquidator, sequestrator (or other similar official) or for any other remedy
hereunder, unless:

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

     (2) the Holders of not less than 25% in principal amount of the Outstanding Securities of that
series shall have made written request to the Trustee to institute proceedings in respect of such
Event of Default in its own name as Trustee hereunder;

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

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

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

     it being understood and intended that no one or more of such Holders shall have any right in
any manner whatever by virtue of, or by availing itself of, any provision of this Indenture to
affect, disturb or prejudice the rights of any other Holders of Securities, or to obtain or to seek
to obtain priority or preference over any other of such Holders or to enforce any right under this
Indenture, except in the manner herein provided and for the equal and ratable benefit of all such
Holders.

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Section 5.8 Unconditional Right of Holders to Receive Principal, Premium and Interest; Direct
Action by Holders of Preferred Capital Securities.

     Notwithstanding any other provision in this Indenture, the Holder of any Security shall have
the right which is absolute and unconditional to receive payment of the principal of (and premium,
if any) and (subject to Section 3.7) interest (including any Additional Interest) on such Security
on the respective Stated Maturities expressed in such Security (or, in the case of redemption, on
the Redemption Date) and to institute suit for the enforcement of any such payment, and such right
shall not be impaired without the consent of such Holder. In the case of Securities of a series
issued to a FFBC Capital Trust, any holder of the corresponding series of Preferred Capital
Securities issued by such FFBC Capital Trust shall have the right, upon the occurrence of an Event
of Default described in Section 5.1(1), to institute a suit directly against the Company for
enforcement of payment to such holder of principal of (premium, if any) and (subject to Section
3.7) interest (including any Additional Interest) on the Securities having a principal amount equal
to the aggregate Liquidation Amount (as defined in the Trust Agreement under which such FFBC
Capital Trust is formed) of such Preferred Capital Securities of the corresponding series held by
such holder.

Section 5.9 Restoration of Rights and Remedies.

     If the Trustee, any Holder or any holder of Preferred Capital Securities has instituted any
proceeding to enforce any right or remedy under this Indenture and such proceeding has been
discontinued or abandoned for any reason, or has been determined adversely to the Trustee, such
Holder or such holder of Preferred Capital Securities, then and in every such case the Company, the
Trustee, the Holders and such holder of Preferred Capital Securities 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, the Holders and the holders of
Preferred Capital Securities shall continue as though no such proceeding had been instituted.

Section 5.10 Rights and Remedies Cumulative.

     Except as otherwise provided in the last paragraph of Section 3.6, no right or remedy herein
conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any
other right or remedy, and every right and remedy shall, to the extent permitted by law, be
cumulative and in addition to every other right and remedy given hereunder or now or hereafter
existing at law or in equity or otherwise. The assertion or employment of any right or remedy
hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other
appropriate right or remedy.

Section 5.11 Delay or Omission Not Waiver.

     No delay or omission of the Trustee, any Holder of any Security or any holder of any Capital
Security to exercise any right or remedy accruing upon any Event of Default shall impair any such
right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein.

     Every right and remedy given by this Article or by law to the Trustee or to the Holders and
the right and remedy given to the holders of Preferred Capital Securities by Section 5.8 may be
exercised from time to time, and as often as may be deemed expedient, by the Trustee, the Holders
or the holders of Preferred Capital Securities, as the case may be.

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Section 5.12 Control by Holders.

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

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

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

     (3) subject to the provisions of Section 6.2, the Trustee shall have the right to decline to
follow such direction if a Responsible Officer or Officers of the Trustee shall, in good faith,
determine that the proceeding so directed would be unjustly prejudicial to the Holders not joining
in any such direction or would involve the Trustee in personal liability.

Section 5.13 Waiver of Past Defaults.

     The Holders of not less than a majority in principal amount of the Outstanding Securities of
any series and, in the case of any Securities of a series issued to a FFBC Capital Trust, the
holders of Preferred Capital Securities issued by such FFBC Capital Trust may waive any past
default hereunder and its consequences with respect to such series except a default:

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

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

     Any such waiver shall be deemed to be on behalf of the Holders of all the Securities of such
series or, in the case of a waiver by holders of Preferred Capital Securities issued by such FFBC
Capital Trust, by all holders of Preferred Capital Securities issued by such FFBC Capital Trust.

     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 5.14 Undertaking for Costs.

     All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof
shall be deemed to have agreed, that 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 and expenses, 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 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 Securities of any series, or to any suit instituted
by any Holder for the enforcement of the payment of the principal of (or premium,

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if any) or interest (including any Additional Interest) on any Security on or after the
respective Stated Maturities expressed in such Security.

Section 5.15 Waiver of Usury, Stay or Extension Laws.

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

ARTICLE VI

THE TRUSTEE

Section 6.1 Certain Duties and Responsibilities.

     Within 90 days after the occurrence of any default hereunder with respect to the Securities of
any series, the Trustee shall transmit in the manner and to the extent provided in Section 313(c)
of the Trust Indenture Act, notice of such default hereunder known to a Responsible Officer of the
Trustee, unless such default shall have been cured or waived. However, except in the case of a
default in the payment of the principal of (or premium, if any) or interest on, or any Additional
Amounts with respect to, any Security of such series or in the payment of any sinking fund
installment with respect to Securities of such series, the Trustee shall be protected in
withholding such notice if and so long as a trust committee of directors and/or Responsible
Officers of the Trustee in good faith determine that the withholding of such notice is in the
interests of the Holders of Securities of such series.

Section 6.2 Certain Rights of Trustee.

     Subject to the provisions of Sections 315(a) through 315(d) of the Trust Indenture Act:

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

          (b) any request or direction of the Company mentioned herein shall be sufficiently evidenced
by a Company Request or a Company Order (other than delivery of any Security to the Trustee for
authentication and delivery pursuant to Section 3.3 which shall be sufficiently evidenced as
provided therein) and any resolution of the Board of Directors may be sufficiently evidenced by a
Board Resolution or Board Resolutions;

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

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          (d) the Trustee may consult with counsel of its selection and the advice of such counsel or
any Opinion of Counsel shall be full and complete authorization and protection in respect of any
action taken, suffered or omitted by it hereunder in good faith and in reliance thereon;

          (e) 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 of Securities of any series
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;

          (f) 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 Company, personally or by agent or attorney at the
sole cost of the Company and shall incur no liability or additional liability of any kind by reason
of such inquiry or investigation;

          (g) 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;

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

          (i) the Trustee shall not be deemed to have notice of any Default or Event of Default unless a
Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any
event which is in fact such a default is received by the Trustee at the Corporate Trust Office of
the Trustee, and such notice references the Securities and this Indenture;

          (j) 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 to each agent, custodian and
other Person employed to act hereunder; and

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

Section 6.3 Not Responsible for Recitals or Issuance of Securities.

     The recitals contained herein and in the Securities, except the Trustee’s certificate of
authentication, and in any coupons shall be taken as the statements of the Company and the Trustee
or any Authenticating Agent assumes no responsibility for their correctness The Trustee makes no
representations as to the validity or sufficiency of this Indenture or of the Securities or
Coupons. The Trustee represents that it is duly authorized to execute and deliver this Indenture,
authenticate the Securities and perform its obligations hereunder and that the statements made by
it in a Statement of Eligibility and Qualification on Form T-1 supplied to the Company are true and
accurate, subject to the

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qualifications set forth therein. The Trustee or any Authenticating Agent shall not be
accountable for the use or application by the Company of Securities or the proceeds thereof.

Section 6.4 May Hold Securities.

     The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other
Person that may be an agent of the Trustee or the Company, in its individual or any other capacity,
may become the owner or pledgee of Securities and Coupons and, subject to Sections 310(b) and 311
of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have
if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other
Person.

Section 6.5 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 and shall be held uninvested. The Trustee shall be under no liability
for interest on any money received by it hereunder except as otherwise agreed with the Company.

Section 6.6 Compensation and Reimbursement.

     The Company agrees

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

     (2) except as otherwise expressly provided herein, to reimburse the Trustee upon its request
for all reasonable expenses, disbursements and advances incurred or made by the Trustee 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 shall be determined to have been caused by its own negligence or willful
misconduct; and

     (3) to indemnify each of the Trustee and any predecessor Trustee and its agents for, and to
hold them harmless against, any loss, liability, claim, damage or expense including taxes (other
than taxes based upon, measured by or determined by the income of the Trustee) incurred without
negligence or willful misconduct on their part, arising out of or in connection with the acceptance
or administration of the trust or trusts hereunder, including the costs and expenses of defending
themselves against any claim or liability in connection with the exercise or performance of any of
their powers or duties hereunder.

     As security for the performance of the obligations of the Company under this Section, the
Trustee shall have a lien prior to the Securities of any series upon all property and funds held or
collected by the Trustee as such, except funds held in trust for the payment of principal of (or
premium, if any) or interest on Securities. When the Trustee incurs expenses or renders services
after an Event of Default occurs, the expenses and compensation for the services of the Trustee are
intended to constitute expenses of administration under any bankruptcy law or any similar federal
or state law for the relief of debtors The provisions of this Section 606 shall survive the
termination of this Indenture.

Section 6.7 Corporate Trustee Required; Eligibility; Conflicting Interests.

     There shall at all times be a Trustee hereunder that is a corporation permitted by Section
310(a)(1) and (5) of the Trust Indenture Act to act as trustee under the Trust Indenture Act and 51
that has a

37

 

combined capital and surplus (computed in accordance with Section 310(a)(2) of the Trust
Indenture Act) of at least $50,000,000. If at any time the Trustee shall cease to be eligible in
accordance with the provisions of this Section, it shall resign immediately in the manner and with
the effect hereinafter specified in this Article. If the Trustee has or shall acquire any
conflicting interest, as defined in Section 310(b) of the Trust Indenture Act, with respect to the
Securities of any series, the Trustee shall take such action as is required pursuant to said
Section 310(b).

Section 6.8 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 shall become effective until the acceptance of appointment by the
successor Trustee pursuant to Section 6.9.

     (2) The Trustee may resign at any time with respect to the Securities of one or more series by
giving written notice thereof to the Company. If the instrument of acceptance by a successor
Trustee required by Section 6.9 shall not have been delivered to the Trustee within 30 days after
the giving of such notice of resignation, the resigning Trustee may petition at the expense of the
Company any court of competent jurisdiction for the appointment of a successor Trustee with respect
to such series.

     (3) The Trustee may be removed at any time with respect to the Securities of any series by Act
of the Holders of a majority in principal amount of the Outstanding Securities of such series,
delivered to the Trustee and the Company. If an instrument of acceptance by a successor Trustee
shall not have been delivered to the Trustee within 30 days after the giving of such notice of
removal, the Trustee being removed may petition, at the expense of the Company, any court of
competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of
such series.

     (4) If at any time:

          (a) the Trustee shall fail to comply with the obligations imposed upon it under Section 310(b)
of the Trust Indenture Act after written request therefor by the Company or by any Holder of a
Security who has been a bona fide Holder of a Security for at least six months, or

          (b) the Trustee shall cease to be eligible under Section 6.7 and shall fail to resign after
written request therefor by the Company or by any such Holder of a Security, or

          (c) 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

               (i) the Company, by or pursuant to a Board Resolution, may remove the Trustee with respect to
all Securities, or

               (ii) subject to Section 315(e) of the Trust Indenture Act, any Holder of a Security who has
been a bona fide Holder of a Security of any series for at least six months may, on behalf of
himself and all others similarly situated, petition any court of competent jurisdiction for the
removal of the Trustee with respect to all Securities of such series and the appointment of a
successor Trustee or Trustees.

     (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 Securities of one or more
series, the

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Company, by or pursuant to a Board Resolution, shall promptly appoint a successor Trustee or
Trustees with respect to the Securities of that or those series (it being understood that any such
successor Trustee may be appointed with respect to the Securities of one or more or all of such
series and that at any time there shall be only one Trustee with respect to the Securities of any
particular series) and shall comply with the applicable requirements of Section 6.9. If, within one
year after such resignation, removal or incapability, or the occurrence of such vacancy, a
successor Trustee with respect to the Securities of any series shall be appointed by Act of the
Holders of a majority in principal amount of the Outstanding Securities of such series delivered to
the Company and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its
acceptance of such appointment in accordance with the applicable requirements of Section 6.9,
become the successor Trustee with respect to the Securities of such series and to that extent
supersede the successor Trustee appointed by the Company. If no successor Trustee with respect to
the Securities of any series shall have been so appointed by the Company or the Holders of
Securities and accepted appointment in the manner required by Section 6.9, any Holder of a Security
who has been a bona fide Holder of a Security of such series for at least six months may, on behalf
of himself and all others similarly situated, petition any court of competent jurisdiction for the
appointment of a successor Trustee with respect to the Securities of such series.

     (6) The Company shall give notice of each resignation and each removal of the Trustee with
respect to the Securities of any series and each appointment of a successor Trustee with respect to
the Securities of any series by mailing written notice of such event by first-class mail, postage
prepaid, to the Holders of Securities of such series as their names and addresses appear in the
Security Register. If Securities of such series are issued as Bearer Securities, the Company shall
publish notice of such event once in an Authorized Newspaper. Each notice shall include the name of
the successor Trustee with respect to the Securities of such series and the address of its
Corporate Trust Office.

Section 6.9 Acceptance of Appointment by Successor.

     (1) In case of the appointment hereunder of a successor Trustee with respect to all
Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the
Company and 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. On the request of the Company and/or the successor
Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an
instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring
Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and
money held by such retiring Trustee hereunder, subject nevertheless to its claim, if any, provided
for in Section 6.6.

     (2) In case of the appointment hereunder of a successor Trustee with respect to the Securities
of one or more (but not all) series, the Company, the retiring Trustee and each successor Trustee
with respect to the Securities of one or more series shall execute and deliver an indenture
supplemental hereto wherein each successor Trustee shall accept such appointment and which

          (a) shall contain such provisions as shall be necessary or desirable to transfer and confirm
to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the
retiring Trustee with respect to the Securities of that or those series to which the appointment of
such successor Trustee relates,

          (b) if the retiring Trustee is not retiring with respect to all Securities, shall contain such
provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts
and

39

 

duties of the retiring Trustee with respect to the Securities of that or those series as to
which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and

          (c) 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.

     Herein or in such supplemental indenture shall constitute such Trustees co-trustees of the
same trust, 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 that no Trustee
shall be responsible for any notice given to, or received by, or any act or failure to act on the
part of any other Trustee hereunder, 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, such retiring Trustee shall with respect to the Securities of that or those
series to which the appointment of such successor Trustee relates have no further responsibility
for the exercise of rights and powers or for the performance of the duties and obligations vested
in the Trustee under this Indenture other than as hereinafter expressly set forth, and each such
successor Trustee without any further act, deed or conveyance, shall become vested with all the
rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or
those series to which the appointment of such successor Trustee relates; but, on request of the
Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to
such successor Trustee, to the extent contemplated by such supplemental indenture, the property and
money held by such retiring Trustee hereunder with respect to the Securities of that or those
series to which the appointment of such successor Trustee relates.

     (3) Upon request of any such successor Trustee, the Company shall execute any and all
instruments for more fully and certainly vesting in and confirming to such successor Trustee all
such rights, powers and trusts referred to in paragraph (1) or (2) of this Section, as the case may
be.

     (4) 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 VI.

Section 6.10 Merger, Conversion, Consolidation or Succession to Business.

     (1) Without the execution or filing of any paper or any further act on the part of any of the
parties hereto, (1) any corporation into which the Trustee may be merged or converted or with which
it may be consolidated, or

     (2) any corporation resulting from any merger, conversion or consolidation to which the
Trustee shall be a party, or

     (3) 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 VI. In case any Securities shall have been
authenticated, but not delivered, by the Trustee then in office, any successor by merger,
conversion or consolidation to such authenticating Trustee may adopt such authentication and
deliver the Securities so authenticated with the same effect as if such successor Trustee had
itself authenticated such Securities.

Section 6.11 Appointment of Authenticating Agent.

     The Trustee may appoint an Authenticating Agent or Authenticating Agents, which may be an
Affiliate of the Company, with respect to one or more series of Securities which shall be
authorized to act on behalf of the Trustee to authenticate Securities of that or those series
issued upon original issue or

40

 

exchange, registration of transfer or partial redemption or pursuant to Section 3.6.
Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid
and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is
made in this Indenture to the authentication and delivery of Securities by the Trustee or the
Trustee’s certificate of authentication, such reference shall be deemed to include authentication
and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of
authentication executed on behalf of the Trustee by an Authenticating Agent.

     Each Authenticating Agent shall be acceptable to the Company and, except as specified as
contemplated by Section 3.1, shall at all times

     (1) be a corporation that would be permitted by Section 310(a)(1) and (5) of the Trust
Indenture Act to be able to act as a trustee under an indenture qualified under the Trust Indenture
Act,

     (2) be authorized under applicable law and by its charter to act as such, and

     (3) have a combined capital and surplus (computed in accordance with Section 310(a)(2) of the
Trust Indenture Act) of not less that $50,000,000.

     If at any time an Authenticating Agent shall cease to be eligible in accordance with the
provisions of this Section, such Authenticating Agent shall resign immediately in the manner and
with the effect specified in this Section. If the Authenticating Agent has or shall acquire any
conflicting interest, as defined in Section 310(b) of the Trust Indenture Act, with respect to the
Securities of any series, the Authenticating Agent shall take such action as is required pursuant
to said Section 310(b).

     Without the execution or filing of any paper or any further act on the part of the Trustee or
the Authenticating Agent,

          (a) any corporation into which an Authenticating Agent may be merged or converted or with
which it may be consolidated, or

          (b) any corporation resulting from any merger, conversion or consolidation to which such
Authenticating Agent shall be a party, or

          (c) 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.

     An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee
and the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by
giving written notice thereof to such Authenticating Agent and the Company. Upon receiving such a
notice of resignation or upon such a termination, or in case at any time such Authenticating Agent
shall cease to be eligible in accordance with the provisions of this Section, the Trustee may
appoint a successor Authenticating Agent which shall be acceptable to the Company. At such time,
the Trustee shall also

     (i) mail written notice of such appointment by first-class mail, postage prepaid, to all
Holders of Securities of the series with respect to which such Authenticating Agent will serve, as
their names and addresses appear in the Securities Register, and

     (ii) if Securities of the series are issued as bearer securities, publish notice of such
appointment at least once in an Authorized Newspaper.

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     Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become
vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if
originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed
unless eligible under the provisions of this Section.

     The Company agrees to pay each Authenticating Agent from time to time reasonable compensation
for its services under this Section. If the Trustee makes such payments, it shall be entitled to be
reimbursed for such payments, subject to the provisions of Section 6.6.

     The provisions of Sections 3.8, 6.3 and 6.4 shall be applicable to each Authenticating Agent.

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

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

	 	 	 	 	 
	 	WILMINGTON TRUST COMPANY,

not in its individual capacity but solely as Trustee

 	 
	 	By:  	 	 
	 	 	As Authenticating Agent 	 
	 	 	 	 
	 	By:  	
 	 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 

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

     The Trustee is hereby appointed as an Authenticating Agent.

ARTICLE VII

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

Section 7.1 Company to Furnish Trustee Names and Addresses of Holders.

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

     (a) not more than 15 days after [___, ___, ___, and ___in each year, a list, in such form as
the Trustee may reasonably require, of the names and addresses of the Holders as of ___, ___, ___,
and ___of such year.]

     (b) at such other times as the Trustee may request in writing, within 30 days after the
receipt by the Company of any such request, a list of similar form and content as of a date not
more than

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15 days prior to the time such list is furnished, excluding from any such list names and
addresses received by the Trustee in its capacity as Securities Registrar.

Section 7.2 Preservation of Information, Communications to Holders.

          (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names
and addresses of Holders contained in the most recent list furnished to the Trustee as provided in
Section 7.1 and the names and addresses of Holders received by the Trustee in its capacity as
Securities Registrar. The Trustee may destroy any list furnished to it as provided in Section 7.1
upon receipt of a new list so furnished.

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

          (c) Every Holder of Securities, by receiving and holding the same, agrees with the Company and
the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held
accountable by reason of the disclosure of information as to the names and addresses of the Holders
made pursuant to the Trust Indenture Act.

Section 7.3 Reports by Trustee.

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

          (b) Reports so required to be transmitted at stated intervals of not more than 12 months shall
be transmitted no later than January 31 in each calendar year, commencing with the first January 31
after the first issuance of Securities under this Indenture.

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

Section 7.4 Reports by Company.

     The Company shall file with the Trustee and with the Commission, and transmit to Holders, such
information, documents and other reports, and such summaries thereof, as may be required pursuant
to the Trust Indenture Act at the times and in the manner provided in the Trust Indenture Act;
provided that any such information, documents or reports required to be filed with the Commission
pursuant to Section 13 or Section 15(d) of the Exchange Act shall be filed with the Trustee within
15 days after the same is filed with the Commission. Notwithstanding that the
Company may not be required to remain subject to the reporting requirements of Section 13 or 15(d)
of the Exchange Act, the Company shall continue to file with the Commission and provide the Trustee
with the annual reports and the information, documents and other reports which are specified in
Sections 13 and 15(d) of the Exchange Act. The Company also shall comply with the other provisions
of Trust Indenture Act Section 314(a).

     Delivery of such reports, information and documents to the Trustee is for informational
purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any
information contained therein or determinable from information contained therein, including the
Company’s

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compliance with any of its covenants hereunder (as to which the Trustee is entitled or rely
exclusively on Officers’ Certificates).

ARTICLE VIII

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

Section 8.1 Company May Consolidate, Etc., Only on Certain Terms.

     The Company shall not consolidate with or merge into any other Person or convey, transfer or
lease its properties and assets substantially as an entirety to any Person, and no Person shall
consolidate with or merge into the Company or convey, transfer or lease its properties and assets
substantially as an entirety to the Company, unless:

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

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

     (3) in the case of the Securities of a series issued to a FFBC Capital Trust, such
consolidation, merger, conveyance, transfer or lease is permitted under the related Trust Agreement
and related FFBC Guarantee and does not give rise to any breach or violation of the related Trust
Agreement or related FFBC Guarantee; and

     (4) the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel, each stating that such consolidation, merger, conveyance, transfer or lease and any such
supplemental indenture comply with this Article and that all conditions precedent herein provided
for relating to such transaction have been complied with; and the Trustee, subject to Section 6.2,
may rely upon such Officers’ Certificate and Opinion of Counsel as conclusive evidence that such
transaction complies with this Section 8.1.

Section 8.2 Successor Corporation Substituted.

     Upon any consolidation or merger by the Company with or into any other Person, or any
conveyance, transfer or lease by the Company of its properties and assets substantially as an
entirety to any Person in accordance with Section 8.1, the successor corporation formed by such
consolidation or into which the Company is merged or to which such conveyance, transfer or lease is
made shall succeed to, and be substituted for, and may exercise every right and power of, the
Company under this Indenture with the same effect as if such successor Person had been named as the
Company herein; and in the event of any such conveyance, transfer or lease the Company shall be
discharged from all obligations and covenants under the Indenture and the Securities and may be
dissolved and liquidated.

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     Such successor Person may cause to be signed, and may issue either in its own name or in the
name of the Company, any or all of the Securities issuable hereunder which theretofore shall not
have been signed by the Company and delivered to the Trustee; and, upon the order of such successor
Person instead of the Company and subject to all the terms, conditions and limitations in this
Indenture prescribed, the Trustee shall authenticate and shall deliver any Securities which
previously shall have been signed and delivered by the officers of the Company to the Trustee for
authentication pursuant to such provisions and any Securities which such successor Person
thereafter shall cause to be signed and delivered to the Trustee on its behalf for the purpose
pursuant to such provisions. All the Securities so issued shall in all respects have the same legal
rank and benefit under this Indenture as the Securities theretofore or thereafter issued in
accordance with the terms of this Indenture as though all of such Securities had been issued at the
date of the execution hereof.

     In case of any such consolidation, merger, sale, conveyance or lease, such changes in
phraseology and form may be made in the Securities thereafter to be issued as may be appropriate.

ARTICLE IX

SUPPLEMENTAL INDENTURES

Section 9.1 Supplemental Indentures without Consent of Holders.

     Without the consent of any Holders, the Company, when authorized by a Board Resolution, and
the Trustee, at any time and from time to time, may enter into one or more indentures supplemental
hereto, in form satisfactory to the Trustee, provided, however, that the form and terms of
Securities of any series may be established by a Board Resolution, as set forth in the Officers’
Certificate delivered to the Trustee pursuant to Section 3.1, without entering into a supplemental
indenture for all purposes hereunder, for any of the following purposes:

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

     (2) to convey, transfer, assign, mortgage or pledge any property to or with the Trustee or to
surrender any right or power herein conferred upon the Company; or

     (3) to establish the form or terms of Securities of any series as permitted by Sections 2.1 or
3.1; or

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

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

     (6) to change or eliminate any of the provisions of this Indenture, provided that any such
change or elimination shall become effective only when there is no Security Outstanding of any
series created prior to the execution of such supplemental indenture which is entitled to the
benefit of such provision; or

45

 

     (7) to cure any ambiguity, to correct or supplement any provision herein which may be
defective or inconsistent with any other provision herein, or to make any other provisions with
respect to matters or questions arising under this Indenture, provided that such action pursuant to
this clause (7) shall not adversely affect the interest of the Holders of Securities of any series
in any material respect or, in the case of the Securities of a series issued to a FFBC Capital
Trust and for so long as any of the corresponding series of Preferred Capital Securities issued by
such FFBC Capital Trust shall remain outstanding, the holders of such Preferred Capital Securities;
or

     (8) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee
with respect to the Securities of one or more series and to add to or change any of the provisions
of this Indenture as shall be necessary to provide for or facilitate the administration of the
trusts hereunder by more than one Trustee, pursuant to the requirements of Section 6.11; or

     (9) to comply with the requirements of the Commission in order to effect or maintain the
qualification of this Indenture under the Trust Indenture Act.

Section 9.2 Supplemental Indentures with Consent of Holders.

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

     (1) except to the extent permitted by Section 3.11 or as otherwise specified as contemplated
by Section 2.1 or Section 3.1 with respect to the deferral of the payment of interest on the
Securities of any series, change the Stated Maturity of the principal of, or any installment of
interest (including any Additional Interest) on, any Security, or reduce the principal amount
thereof or the rate of interest thereon or reduce any premium payable upon the redemption thereof,
or reduce the amount of principal of a Discount Security that would be due and payable upon a
declaration of acceleration of the Maturity thereof pursuant to Section 5.2, or change the place of
payment where, or the coin or currency in which, any Security or interest thereon is payable, or
impair the right to institute suit for the enforcement of any such payment on or after the Stated
Maturity thereof (or, in the case of redemption, on or after the Redemption Date), or

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

     (3) modify any of the provisions of this Section, Section 5.13 or Section 10.5, except to
increase any such percentage or to provide that certain other provisions of this Indenture cannot
be modified or waived without the consent of the Holder of each Security affected thereby; or

     (4) modify the provisions in Article XIII of this Indenture with respect to the subordination
of Outstanding Securities of any series in a manner adverse to the Holders thereof; provided,
further, that, in the case of the Securities of a series issued to a FFBC Capital Trust, so long as
any of the corresponding series of Preferred Capital Securities issued by such FFBC Capital Trust
remains

46

 

outstanding, (i) no such amendment shall be made that adversely affects the holders of such
Preferred Capital Securities in any material respect, and no termination of this Indenture shall
occur, and no waiver of any Event of Default or compliance with any covenant under this Indenture
shall be effective, without the prior consent of the holders of at least a majority of the
aggregate liquidation preference of such Preferred Capital Securities then outstanding unless and
until the principal (and premium, if any) of the Securities of such series and all accrued and
(subject to Section 3.7), unpaid interest (including any Additional Interest) thereon have been
paid in full and (ii) no amendment shall be made to Section 5.8 of this Indenture that would impair
the rights of the holders of Preferred Capital Securities provided therein without the prior
consent of the holders of each Preferred Capital Security then outstanding unless and until the
principal (and premium, if any) of the Securities of such series and all accrued and (subject to
Section 3.7) unpaid interest (including any Additional Interest) thereon have been paid in full.

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

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

Section 9.3 Execution of Supplemental Indentures.

     In executing or accepting the additional series of Securities created by any supplemental
indenture permitted by this Article or the modifications thereby of any series of Securities
previously created by this Indenture, the Trustee shall be provided with, and (subject to Section
6.2) shall be fully protected in relying upon, an Officers’ Certificate and an Opinion of Counsel
stating that the execution of such supplemental indenture is authorized or permitted by this
Indenture, and that all conditions precedent have been complied with. The Trustee may, but shall
not be obligated to, enter into any such supplemental indenture which affects the Trustee’s own
rights, duties or immunities under this Indenture or otherwise.

Section 9.4 Effect of Supplemental Indentures.

     Upon the execution of any supplemental indenture under this Article IX or delivery to the
Trustee of the Officers’ Certificate pursuant to Section 3.1 hereof (which Officers’ Certificate
shall have the effect of a supplemental indenture for all purposes hereunder), this Indenture shall
be modified in accordance therewith, and such supplemental indenture shall form a part of this
Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated
and delivered hereunder shall be bound thereby.

Section 9.5 Conformity with Trust Indenture Act.

     Every supplemental indenture executed pursuant to this Article IX and every Officers’
Certificate delivered to the trustee pursuant to Section 3.1 hereof shall conform to the
requirements of the Trust Indenture Act as then in effect.

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Section 9.6 Reference in Securities to Supplemental Indentures.

     Securities authenticated and delivered after the execution of any supplemental indenture
pursuant to this Article IX or delivery to the Trustee of the Officers’ Certificate pursuant to
Section 3.1 hereof (which Officers’ Certificate shall have the effect of a supplemental indenture
for all purposes hereunder) may, and shall if required by the Company, bear a notation in form
approved by the Company as to any matter provided for in such supplemental indenture or such
Officers’ Certificate. If the Company shall so determine, new Securities of any series so modified
as to conform, in the opinion of the Company, to any such supplemental indenture or such Officer’s
Certificate may be prepared and executed by the Company and authenticated and delivered by the
Trustee in exchange for Outstanding Securities of such series.

ARTICLE X

COVENANTS

Section 10.1 Payment of Principal, Premium and Interest.

     The Company covenants and agrees for the benefit of each series of Securities that it will
duly and punctually pay the principal of (and premium, if any) and interest on the Securities of
that series in accordance with the terms of such Securities and this Indenture.

Section 10.2 Maintenance of Office or Agency.

     The Company will maintain in each Place of Payment for any series of Securities, an office or
agency where Securities of that series may be presented or surrendered for payment and an office or
agency where Securities of that series may be surrendered for transfer or exchange and where
notices and demands to or upon the Company in respect of the Securities of that series and this
Indenture may be served. The Company initially appoints the Trustee, acting through its Corporate
Trust Office, as its agent for said purposes. The Company will give prompt written notice to the
Trustee of any change in the location of any such office or agency. If at any time the Company
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 Company hereby appoints the Trustee as its agent to receive
all such presentations, surrenders, notices and demands.

     The Company may also from time to time designate one or more other offices or agencies where
the Securities may be presented or surrendered for any or all of such purposes, and may from time
to time rescind such designations; provided, however, that no such designation or rescission shall
in any manner relieve the Company of its obligation to maintain an office or agency in each Place
of Payment for Securities of any series for such purposes. The Company will give prompt written
notice to the Trustee of any such designation and any change in the location of any such office or
agency.

Section 10.3 Money for Security Payments to be Held in Trust.

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

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     Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New
York City time on each due date of the principal of or interest on any Securities, deposit with a
Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming
due, such sum to be held in trust for the benefit of the Persons entitled to such principal and
premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will
promptly notify the Trustee of its failure so to act.

     The Company 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 10.3, that such Paying Agent will:

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

     (2) give the Trustee notice of any default by the Company (or any other obligor upon the
Securities) in the making of any payment of principal (and premium, if any) or interest:

     (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; and

     (4) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent.

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

     Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in
trust for the payment of the principal of (and premium, if any) or interest on any Security and
remaining unclaimed for two years after such principal (and premium, if any) or interest has become
due and payable shall (unless otherwise required by mandatory provision of applicable escheat or
abandoned or unclaimed property law) be paid on Company Request to the Company, or (if then held by
the Company) shall (unless otherwise required by mandatory provision of applicable escheat or
abandoned or unclaimed property law) be discharged from such trust; and the Holder of such Security
shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof,
and all liability of the Trustee or such Paying Agent with respect to such trust money, and all
liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the
Trustee or such Paying Agent, before being required to make any such repayment, may at the expense
of the Company cause to be published once, in an Authorized Newspaper, notice that such money
remains unclaimed and that, after a date specified therein, which shall not be less than 30 days
from the date of such publication, any unclaimed balance of such money then remaining will be
repaid to the Company.

Section 10.4 Statement as to Compliance.

     The Company shall deliver to the Trustee, within 120 days after the end of each calendar year
of the Company ending after the date hereof, an Officers’ Certificate covering the preceding
calendar year, stating whether or not to the best knowledge of the signers thereof the Company is
in default in the performance, observance or fulfillment of or compliance with any of the terms,
provisions, covenants and

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conditions of this Indenture, and if the Company shall be in default, specifying all such
defaults and the nature and status thereof of which they may have knowledge. For the purpose of
this Section 10.4, compliance shall be determined without regard to any grace period or requirement
of notice provided pursuant to the terms of this Indenture.

Section 10.5 Waiver of Certain Covenants.

     The Company may omit in any particular instance to comply with any covenant or condition
provided pursuant to Sections 3.1, 9.1(3), or 9.1(4) with respect to the Securities of any series,
if before or after the time for such compliance the Holders of at least a majority in principal
amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive
such compliance in such instance or generally waive compliance with such covenant or condition, but
no such waiver shall extend to or affect such covenant or condition except to the extent so
expressly waived, and, until such waiver shall become effective, the obligations of the Company in
respect of any such covenant or condition shall remain in full force and effect.

Section 10.6 Additional Sums.

     In the case of the Securities of a series issued to a FFBC Capital Trust, so long as no Event
of Default has occurred and is continuing and except as otherwise specified as contemplated by
Section 2.1 or Section 3.1, in the event that (i) such FFBC Capital Trust is the Holder of all of
the Outstanding Securities of such series, (ii) a Tax Event in respect of such FFBC Capital Trust
shall have occurred and be continuing and (iii) the Company shall not have (A) redeemed the
Securities of such series pursuant to Section 11.7(b) or (B) terminated such FFBC Capital Trust
pursuant to Section 9.2(b) of the related Trust Agreement, the Company shall pay to such FFBC
Capital Trust (and its permitted successors or assigns under the related Trust Agreement) for so
long as such FFBC Capital Trust (or its permitted successor or assignee) is the registered holder
of any Securities of such series, such additional amounts as may be necessary in order that the
amount of Distributions (including any Additional Amounts (as defined in such Trust Agreement))
then due and payable by such FFBC Capital Trust on the related Preferred Capital Securities and
Common Securities that at any time remain outstanding in accordance with the terms thereof shall
not be reduced as a result of any Additional Taxes (the “Additional Sums”). Whenever in this
Indenture or the Securities there is a reference in any context to the payment of principal of or
interest on the Securities, such mention shall be deemed to include mention of the payments of the
Additional Sums provided for in this paragraph to the extent that, in such context, Additional Sums
are, were or would be payable in respect thereof pursuant to the provisions of this paragraph and
express mention of the payment of Additional Sums (if applicable) in any provisions hereof shall
not be construed as excluding Additional Sums in those provisions hereof where such express mention
is not made; provided, however, that the deferral of the payment of interest pursuant to Section
3.11 or the Securities shall not defer the payment of any Additional Sums that may be due and
payable.

Section 10.7 Additional Covenants.

     The Company covenants and agrees with each Holder of Securities of any series that it shall
not, and it shall not permit any Subsidiary of the Company to, (a) declare or pay any dividends or
distributions on, or redeem purchase, acquire or make a liquidation payment with respect to, any
shares of the Company’s capital stock (which includes common and preferred stock), or (b) make any
payment of principal of or interest or premium, if any, on or repay, repurchase or redeem any debt
securities of the Company (including Securities other than the Securities of such series) that rank
pari passu with or junior in interest to the Securities of such series or make any guarantee
payments with respect to any guarantee by the Company of debt securities of any subsidiary of the
Company (including FFBC Guarantees other than the FFBC Guarantee related to the Preferred Capital
Securities issued by the FFBC Capital Trust

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holding Securities of such series) if such guarantee ranks pari passu with or junior in
interest to the Securities (other than (a) dividends or distributions in Common Stock of the
Company, (b) any declaration of a dividend in connection with the implementation of a rights plan
or the issuance of stock under any such plan or the redemption or repurchase of any such rights
pursuant thereto, (c) payments under the FFBC Guarantee related to the Preferred Capital Securities
issued by the FFBC Capital Trust holding Securities of such series, and (d) purchases of Common
Stock related to the issuance of Common Stock or rights under any of the Company’s benefit plans
for its directors, officers or employees) if at such time (i) there shall have occurred any event
of which the Company has actual knowledge that (A) with the giving of notice or the lapse of time
or both, would constitute an Event of Default with respect to the Securities of such series and (B)
in respect of which the Company shall not have taken reasonable steps to cure, (ii) if the
Securities of such series are held by a FFBC Capital Trust, the Company shall be in default with
respect to its payment of any obligations under the FFBC Guarantee relating to the Preferred
Capital Securities issued by such FFBC Capital Trust or (iii) the Company shall have given notice
of its election to begin an Extension Period with respect to the Securities of such series as
provided herein and shall not have rescinded such notice, or such Extension Period, or any
extension thereof, shall be continuing.

     The Company also covenants with each Holder of Securities of a series issued to a FFBC Capital
Trust (i) to maintain directly or indirectly 100% ownership of the Common Securities of such FFBC
Capital Trust; provided, however, that any permitted successor of the Company hereunder may succeed
to the Company’s ownership of such Common Securities, (ii) not to voluntarily terminate, wind-up or
liquidate such FFBC Capital Trust, except (a) in connection with a distribution of the Securities
of such series to the holders of Trust Securities in liquidation of such FFBC Capital Trust or (b)
in connection with certain mergers, consolidations or amalgamations permitted by the related Trust
Agreement and (iii) to use its reasonable efforts, consistent with the terms and provisions of such
Trust Agreement, to cause such FFBC Capital Trust to remain classified as a grantor trust and not
an association taxable as a corporation for United States federal income tax purposes.

ARTICLE XI

REDEMPTION OF SECURITIES

Section 11.1 Applicability of This Article.

     Redemption of Securities of any series (whether by operation of a sinking fund or otherwise)
as permitted or required by any form of Security issued pursuant to this Indenture shall be made in
accordance with such form of Security and this Article; provided, however, that if any provision of
any such form of Security shall conflict with any provision of this Article, the provision of such
form of Security shall govern. Except as otherwise set forth in the form of Security for such
series, each Security of such series shall be subject to partial redemption only in the amount of
$1,000 or any integral multiples thereof.

Section 11.2 Election to Redeem; Notice to Trustee.

     The election of the Company to redeem any Securities shall be evidenced by or pursuant to a
Board Resolution. In case of any redemption at the election of the Company of less than all of the
Securities of any particular series and having the same terms, the Company shall, not less than 30
nor more than 60 days prior to the Redemption Date (unless a shorter notice shall be satisfactory
to the Trustee), notify the Trustee of such date and of the principal amount of Securities of that
series to be redeemed. In the case of any redemption of Securities prior to the expiration of any
restriction on such

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redemption provided in the terms of such Securities, the Company shall furnish the Trustee
with an Officers’ Certificate and an Opinion of Counsel evidencing compliance with such
restriction.

Section 11.3 Selection of Securities to be Redeemed.

     If less than all the Securities of any series are to be redeemed (unless all the Securities of
such series and of a specified tenor are to be redeemed or unless such redemption affects only a
single Security), the particular Securities to be redeemed shall be selected not more than 60 days
prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not
previously called for redemption, by such method as the Trustee shall deem fair and appropriate and
which may provide for the selection for redemption of a portion of the principal amount of any
Security of such series, provided that the portion of the principal amount of any Security not
redeemed shall be in an authorized denomination (which shall not be less than the minimum
authorized denomination) for such Security. If less than all the Securities of such series and of a
specified tenor are to be redeemed (unless such redemption affects only a single Security), the
particular Securities to be redeemed shall be selected not more than 60 days prior to the
Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor
not previously called for redemption in accordance with the preceding sentence.

     The Trustee shall promptly notify the Company in writing of the Securities selected for
partial redemption and the principal amount thereof to be redeemed. For all purposes of this
Indenture, unless the context otherwise requires, all provisions relating to the redemption of
Securities shall relate, in the case of any Security redeemed or to be redeemed only in part, to
the portion of the principal amount of such Security which has been or is to be redeemed. If the
Company shall so direct, Securities registered in the name of the Company, any Affiliate or any
Subsidiary thereof shall not be included in the Securities selected for redemption.

Section 11.4 Notice of Redemption.

     Notice of redemption shall be given by first-class mail, postage prepaid, mailed not later
than the thirtieth day, and not earlier than the sixtieth day, prior to the Redemption Date, to
each Holder of Securities to be redeemed, at the address of such Holder as it appears in the
Securities Register.

     With respect to Securities of each series to be redeemed, each notice of redemption shall
state:

          (a) the Redemption Date;

          (b) the Redemption Price;

          (c) if less than all Outstanding Securities of such particular series and having the same
terms are to be redeemed, the identification (and, in the case of partial redemption, the
respective principal amounts) of the particular Securities to be redeemed;

          (d) that on the Redemption Date, the Redemption Price will become due and payable upon each
such Security or portion thereof, and that interest thereon, if any, shall cease to accrue on and
after said date;

          (e) the place or places where such Securities are to be surrendered for payment of the
Redemption Price; and

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

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     Notice of redemption of Securities to be redeemed at the election of the Company shall be
given by the Company or, at the Company’s request (upon it giving 5 Business Days advance notice to
the Trustee), by the Trustee in the name and at the expense of the Company and shall not be
irrevocable. The notice if mailed in the manner herein provided shall be conclusively presumed to
have been duly given, whether or not the Holder receives such notice. In any case, a failure to
give such notice by mail or any defect in the notice to the Holder of any Security designated for
redemption as a whole or in part shall not affect the validity of the proceedings for the
redemption of any other Security.

Section 11.5 Deposit of Redemption Price.

     Prior to 10:00 a.m. New York City time on the Redemption Date specified in the notice of
redemption given as provided in Section 11.4, the Company will deposit with the Trustee or with one
or more Paying Agents (or if the Company is acting as its own Paying Agent, the Company will
segregate and hold in trust as provided in Section 10.3) an amount of money sufficient to pay the
Redemption Price of, and any accrued interest (including Additional Interest) on, all the
Securities which are to be redeemed on that date.

Section 11.6 Payment of Securities Called for Redemption.

     If any notice of redemption has been given as provided in Section 11.4, the Securities or
portion of Securities with respect to which such notice has been given shall become due and payable
on the date and at the place or places stated in such notice at the applicable Redemption Price. On
presentation and surrender of such Securities at a Place of Payment in said notice specified, the
said securities or the specified portions thereof shall be paid and redeemed by the Company at the
applicable Redemption Price, together with accrued interest (including any Additional Interest) to
the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section
3.1, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be
payable to the Holders of such Securities, or one or more Predecessor Securities, registered as
such at the close of business on the relevant Record Dates according to their terms and the
provisions of Section 3.7.

     Upon presentation of any Security redeemed in part only, the Company shall execute and the
Trustee shall authenticate and deliver to the Holder thereof, at the expense of the Company, a new
Security or Securities of the same series, of authorized denominations, in aggregate principal
amount equal to the portion of the Security not redeemed so presented and having the same Original
Issue Date, Stated Maturity and terms. If a Global Security is so surrendered, such new Security
will also be a new Global Security.

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

Section 11.7 Right of Redemption of Securities Initially Issued to a FFBC Capital Trust.

     In the case of the Securities of a series initially issued to a FFBC Capital Trust, except as
otherwise specified as contemplated by Section 3.1, the Company, at its option, may redeem such
Securities (i) on or after the date five years after the Original Issue Date of such Securities, in
whole at any time or in part from time to time, or (ii) upon the occurrence and during the
continuation of a Tax Event, at any time within 90 days following the occurrence of such Tax Event
in respect of such FFBC Capital Trust, in whole (but not in part), in each case at a Redemption
Price equal to 100% of the principal amount thereof.

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ARTICLE XII

SINKING FUNDS

Section 12.1 Applicability of Article.

     The provisions of this Article shall be applicable to any sinking fund for the retirement of
Securities of any series except as otherwise specified as contemplated by Section 3.1 for such
Securities.

     The minimum amount of any sinking fund payment provided for by the terms of any Securities of
any series is herein referred to as a “mandatory sinking fund payment”, and any sinking fund
payment in excess of such minimum amount which is permitted to be made by the terms of such
Securities of any series is herein referred to as an “optional sinking fund payment”. If provided
for by the terms of any Securities of any series, the cash amount of any sinking fund payment may
be subject to reduction as provided in Section 12.2. Each sinking fund payment shall be applied to
the redemption of Securities of any series as provided for by the terms of such Securities.

Section 12.2 Satisfaction of Sinking Fund Payments with Securities.

     In lieu of making all or any part of a mandatory sinking fund payment with respect to any
Securities of a series in cash, the Company may at its option, at any time no more than 16 months
and no less than 30 days prior to the date on which such sinking fund payment is due, deliver to
the Trustee Securities of such series (together with the unmatured coupons, if any, appertaining
thereto) theretofore purchased or otherwise acquired by the Company, except Securities of such
series that have been redeemed through the application of mandatory or optional sinking fund
payments pursuant to the terms of the Securities of such series, accompanied by a Company Order
instructing the Trustee to credit such obligations and stating that the Securities of such series
were originally issued by the Company by way of bona fide sale or other negotiation for value;
provided that the Securities to be so credited have not been previously so credited. The Securities
to be so credited shall be received and credited for such purpose by the Trustee at the redemption
price for such Securities, as specified in the Securities so to be redeemed, for redemption through
operation of the sinking fund and the amount of such sinking fund payment shall be reduced
accordingly.

Section 12.3 Redemption of Securities for Sinking Fund.

     Not less than 60 days prior to each sinking fund payment date for any series of Securities,
the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next
ensuing sinking fund payment for such Securities pursuant to the terms of such Securities, the
portion thereof, if any, which is to be satisfied by payment of cash in the currency in which the
Securities of such series are payable (except as provided pursuant to Section 3.1) and the portion
thereof, if any, which is to be satisfied by delivering and crediting Securities pursuant to
Section 12.2 and will also deliver to the Trustee any Securities to be so delivered. Such Officers’
Certificate shall be irrevocable and upon its delivery the Company shall be obligated to make the
cash payment or payments therein referred to, if any, on or before the succeeding sinking fund
payment date. In the case of the failure of the Company to deliver such Officers’ Certificate (or,
as required by this Indenture, the Securities and coupons, if any, specified in such Officers’
Certificate), the sinking fund payment due on the succeeding sinking fund payment date for such
series shall be paid entirely in cash and shall be sufficient to redeem the principal amount of the
Securities of such series subject to a mandatory sinking fund payment without the right to deliver
or credit securities as provided in Section 12.2 and without the right to make the optional sinking
fund payment with respect to such series at such time.

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     Any sinking fund payment or payments (mandatory or optional) made in cash plus any unused
balance of any preceding sinking fund payments made with respect to the Securities of any
particular series shall be applied by the Trustee (or by the Company if the Company is acting as
its own Paying Agent) on the sinking fund payment date on which such payment is made (or, if such
payment is made before a sinking fund payment date, on the sinking fund payment date immediately
following the date of such payment) to the redemption of Securities of such series at the
Redemption Price specified in such Securities with respect to the sinking fund. Any sinking fund
moneys not so applied or allocated by the Trustee (or, if the Company is acting as its own Paying
Agent, segregated and held in trust by the Company as provided in Section 10.3) for such series and
together with such payment (or such amount so segregated) shall be applied in accordance with the
provisions of this Section 12.3. Any and all sinking fund moneys with respect to the Securities of
any particular series held by the Trustee (or if the Company is acting as its own Paying Agent,
segregated and held in trust as provided in Section 10.3) on the last sinking fund payment date
with respect to Securities of such series and not held for the payment or redemption of particular
Securities of such series shall be applied by the Trustee (or by the Company if the Company is
acting as its own Paying Agent), together with other moneys, if necessary, to be deposited (or
segregated) sufficient for the purpose, to the payment of the principal of the Securities of such
series at Maturity. The Trustee shall select the Securities to be redeemed upon such sinking fund
payment date in the manner specified in Section 11.3 and cause notice of the redemption thereof to
be given in the name of and at the expense of the Company in the manner provided in Section 11.4.
Such notice having been duly given, the redemption of such Securities shall be made upon the terms
and in the manner stated in Section 11.6. On or before each sinking fund payment date, the Company
shall pay to the Trustee (or, if the Company is acting as its own Paying Agent, the Company shall
segregate and hold in trust as provided in Section 10.3) in cash a sum in the currency in which
Securities of such series are payable (except as provided pursuant to Section 3.1) equal to the
principal and any interest accrued to the Redemption Date for Securities or portions thereof to be
redeemed on such sinking fund payment date pursuant to this Section 12.3.

     Neither the Trustee nor the Company shall redeem any Securities of a series with sinking fund
moneys or mail any notice of redemption of Securities of such series by operation of the sinking
fund for such series during the continuance of a default in payment of interest, if any, on any
Securities of such series or of any Event of Default (other than an Event of Default occurring as a
consequence of this paragraph) with respect to the Securities of such series, except that if the
notice of redemption shall have been provided in accordance with the provisions hereof, the Trustee
(or the Company, if the Company is then acting as its own Paying Agent) shall redeem such
Securities if cash sufficient for that purpose shall be deposited with the Trustee (or segregated
by the Company) for that purpose in accordance with the terms of this Article XII. Except as
aforesaid, any moneys in the sinking fund for such series at the time when any such default or
Event of Default shall occur and any moneys thereafter paid into such sinking fund shall, during
the continuance of such default or Event of Default, be held as security for the payment of the
Securities and coupons, if any, of such series; provided, however, that in case such default or
Event of Default shall have been cured or waived herein, such moneys shall thereafter be applied on
the next sinking fund payment date for the Securities of such series on which such moneys may be
applied pursuant to the provisions of this Section 12.3.

ARTICLE XIII

SUBORDINATION OF SECURITIES

Section 13.1 Securities Subordinate to Senior and Subordinated Debt.

     The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof,
likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this
Article

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XIII, the payment of the principal of (and premium, if any) and interest (including any
Additional Interest) on each and all of the Securities are hereby expressly made subordinate and
subject in right of payment to the prior payment in full of all amounts then due and payable in
respect of all Senior and Subordinated Debt.

Section 13.2 Payment Over of Proceeds Upon Dissolution, Etc.

     In case of the pendency of any receivership, insolvency, liquidation, bankruptcy,
reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the
Company (each such event, if any, herein sometimes referred to as a “Proceeding”), then the holders
of Senior and Subordinated Debt shall be entitled to receive payment in full of Allocable Amounts
of such Senior and Subordinated Debt, or provision shall be made for such payment in cash or cash
equivalents or otherwise in a manner satisfactory to the holders of Senior and Subordinated Debt,
before the Holders of the Securities are entitled to receive or retain any payment or distribution
of any kind or character, whether in cash, property or securities (including any payment or
distribution which may be payable or deliverable by reason of the payment of any other Debt of the
Company subordinated to the payment of the Securities, such payment or distribution being
hereinafter referred to as a “Junior Subordinated Payment”), on account of principal of (or
premium, if any) or interest (including any Additional Interest) on the Securities or on account of
the purchase or other acquisition of Securities by the Company or any Subsidiary and to that end
the holders of Senior and Subordinated Debt shall be entitled to receive, for application to the
payment thereof, any payment or distribution of any kind or character, whether in cash, property or
securities, including any Junior Subordinated Payment, which may be payable or deliverable in
respect of the Securities in any such Proceeding.

     In the event that, notwithstanding the foregoing provisions of this Section 13.2, the Trustee
or the Holder of any Security shall have received any payment or distribution of assets of the
Company of any kind or character, whether in cash, property or securities, including any Junior
Subordinated Payment, before all Allocable Amounts of all Senior and Subordinated Debt are paid in
full or payment thereof is provided for in cash or cash equivalents or otherwise in a manner
satisfactory to the holders of Senior and Subordinated Debt, and if such fact shall, at or prior to
the time of such payment or distribution, have been made known to the Trustee or, as the case may
be, such Holder, then and in such event such payment or distribution shall be paid over or
delivered forthwith to the trustee in bankruptcy, receiver, liquidating trustee, custodian,
assignee, agent or other Person making payment or distribution of assets of the Company for
application to the payment of all Allocable Amounts of all Senior and Subordinated Debt remaining
unpaid, to the extent necessary to pay all Allocable Amounts of all Senior and Subordinated Debt in
full, after giving effect to any concurrent payment or distribution to or for the holders of Senior
and Subordinated Debt.

     For purposes of this Article XIII only, the words “any payment or distribution of any kind or
character, whether in cash, property or securities” shall not be deemed to include shares of stock
of the Company as reorganized or readjusted, or securities of the Company or any other corporation
provided for by a plan of reorganization or readjustment which securities are subordinated in right
of payment to all then outstanding Senior and Subordinated Debt to substantially the same extent as
the Securities are so subordinated as provided in this Article XIII. The consolidation of the
Company with, or the merger of the Company into, another Person or the liquidation or dissolution
of the Company following the sale of all or substantially all of its properties and assets as an
entirety to another Person upon the terms and conditions set forth in Article VIII shall not be
deemed a Proceeding for the purposes of this Section 13.2 if the Person formed by such
consolidation or into which the Company is merged or the Person which acquires by sale such
properties and assets as an entirety, as the case may be, shall, as a part of such consolidation,
merger, or sale comply with the conditions set forth in Article VIII.

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Section 13.3 Prior Payment to Senior and Subordinated Debt Upon Acceleration of Securities.

     In the event that any Securities are declared due and payable before their Stated Maturity,
then and in such event the holders of the Senior and Subordinated Debt outstanding at the time such
Securities so become due and payable shall be entitled to receive payment in full of all Allocable
Amounts due on or in respect of such Senior and Subordinated Debt (including any amounts due upon
acceleration), or provision shall be made for such payment in cash or cash equivalents or otherwise
in a manner satisfactory to the holders of Senior and Subordinated Debt, before the Holders of the
Securities are entitled to receive any payment or distribution of any kind or character, whether in
cash, properties or securities (including any Junior Subordinated Payment) by the Company on
account of the principal of (or premium, if any) or interest (including any Additional Interest) on
the Securities or on account of the purchase or other acquisition of Securities by the Company or
any Subsidiary; provided, however, that nothing in this Section 13.3 shall prevent the satisfaction
of any sinking fund payment in accordance with this Indenture or as otherwise specified as
contemplated by Section 3.1 for the Securities of any series by delivering and crediting pursuant
to Section 12.2 or as otherwise specified as contemplated by Section 3.1 for the Securities of any
series Securities which have been acquired (upon redemption or otherwise) prior to such declaration
of acceleration.

     In the event that, notwithstanding the foregoing, the Company shall make any payment to the
Trustee or the Holder of any Security prohibited by the foregoing provisions of this Section 13.3,
and if such fact shall, at or prior to the time of such payment, have been made known to the
Trustee or, as the case may be, such Holder, then and in such event such payment shall be paid over
and delivered forthwith to the Company.

     The provisions of this Section 13.3 shall not apply to any payment with respect to which
Section 13.2 would be applicable.

Section 13.4 No Payment When Senior and Subordinated Debt in Default.

          (a) In the event and during the continuation of any default in the payment of principal of (or
premium, if any) or interest on any Senior and Subordinated Debt, or in the event that any event of
default with respect to any Senior and Subordinated Debt shall have occurred and be continuing and
shall have resulted in such Senior and Subordinated Debt becoming or being declared due and payable
prior to the date on which it would otherwise have become due and payable, unless and until such
event of default shall have been cured or waived or shall have ceased to exist and such
acceleration shall have been rescinded or annulled, or (b) in the event any judicial proceeding
shall be pending with respect to any such default in payment or such event or default, then no
payment or distribution of any kind or character, whether in cash, properties or securities
(including any Junior Subordinated Payment) shall be made by the Company on account of principal of
(or premium, if any) or interest (including any Additional Interest), if any, on the Securities or
on account of the purchase or other acquisition of Securities by the Company or any Subsidiary, in
each case unless and until all Allocable Amounts of such Senior and Subordinated Debt are paid in
full; provided, however, that nothing in this Section 13.4 shall prevent the satisfaction of any
sinking fund payment in accordance with this Indenture or as otherwise specified as contemplated by
Section 3.1 for the Securities of any series by delivering and crediting pursuant to Section 12.2
or as otherwise specified as contemplated by Section 3.1 for the Securities of any series
Securities which have been acquired (upon redemption or otherwise) prior to such default in payment
or event of default.

     In the event that, notwithstanding the foregoing, the Company shall make any payment to the
Trustee or the Holder of any Security prohibited by the foregoing provisions of this Section 13.4,
and if such fact shall, at or prior to the time of such payment, have been made known to the
Trustee or, as the

57

 

case may be, such Holder, then and in such event such payment shall be paid over and delivered
forthwith to the Company.

     The provisions of this Section 13.4 shall not apply to any payment with respect to which
Section 13.2 would be applicable.

Section 13.5 Payment Permitted if No Default.

     Nothing contained in this Article XIII or elsewhere in this Indenture or in any of the
Securities shall prevent (a) the Company, at any time except during the pendency of any Proceeding
referred to in Section 13.2 or under the conditions described in Sections 13.3 and 13.4, from
making payments at any time of principal of (and premium, if any) or interest (including Additional
Interest) on the Securities, or (b) the application by the Trustee of any money deposited with it
hereunder to the payment of or on account of the principal of (and premium, if any) or interest
(including any Additional Interest) on the Securities or the retention of such payment by the
Holders, if, at the time of such application by the Trustee, it did not have knowledge that such
payment would have been prohibited by the provisions of this Article XIII.

Section 13.6 Subrogation to Rights of Holders of Senior and Subordinated Debt.

     Subject to the payment in full of all amounts due or to become due on all Senior and
Subordinated Debt, or the provision for such payment in cash or cash equivalents or otherwise in a
manner satisfactory to the holders of Senior and Subordinated Debt, the Holders of the Securities
shall be subrogated to the extent of the payments or distributions made to the holders of such
Senior and Subordinated Debt pursuant to the provisions of this Article XIII (equally and ratably
with the holders of all indebtedness of the Company which by its express terms is subordinated to
Senior and Subordinated Debt of the Company to substantially the same extent as the Securities are
subordinated to the Senior and Subordinated Debt and is entitled to like rights of subrogation by
reason of any payments or distributions made to holders of such Senior and Subordinated Debt) to
the rights of the holders of such Senior and Subordinated Debt to receive payments and
distributions of cash, property and securities applicable to the Senior and Subordinated Debt until
the principal of (and premium, if any) and interest on the Securities shall be paid in full. For
purposes of such subrogation, no payments or distributions to the holders of the Senior and
Subordinated Debt of any cash, property or securities to which the Holders of the Securities or the
Trustee would be entitled except for the provisions of this Article, and no payments over pursuant
to the provisions of this Article XIII to the holders of Senior and Subordinated Debt by Holders of
the Securities or the Trustee, shall, as among the Company, its creditors other than holders of
Senior and Subordinated Debt, and the Holders of the Securities, be deemed to be a payment or
distribution by the Company to or on account of the Senior and Subordinated Debt.

Section 13.7 Provisions Solely to Define Relative Rights.

     The provisions of this Article XIII are and are intended solely for the purpose of defining
the relative rights of the Holders of the Securities on the one hand and the holders of Senior and
Subordinated Debt on the other hand. Nothing contained in this Article XIII or elsewhere in this
Indenture or in the Securities is intended to or shall (a) impair, as between the Company and the
Holders of the Securities, the obligations of the Company, which are absolute and unconditional, to
pay to the Holders of the Securities the principal of (and premium, if any) and interest (including
any Additional Interest) on the Securities as and when the same shall become due and payable in
accordance with their terms; or (b) affect the relative rights against the Company of the Holders
of the Securities and creditors of the Company other than their rights in relation to the holders
of Senior and Subordinated Debt; or (c) prevent the Trustee or the Holder of any Security from
exercising all remedies otherwise permitted by applicable

58

 

law upon default under this Indenture including, without limitation, filing and voting claims
in any Proceeding, subject to the rights, if any, under this Article XIII of the holders of Senior
and Subordinated Debt to receive cash, property and securities otherwise payable or deliverable to
the Trustee or such Holder.

Section 13.8 Trustee to Effectuate Subordination.

     Each Holder of a Security by his or her acceptance thereof authorizes and directs the Trustee
on his or her behalf to take such action as may be necessary or appropriate to acknowledge or
effectuate the subordination provided in this Article XIII and appoints the Trustee his or her
attorney-in-fact for any and all such purposes.

Section 13.9 No Waiver of Subordination Provisions.

     No right of any present or future holder of any Senior and Subordinated Debt to enforce
subordination as herein provided shall at any time in any way be prejudiced or impaired by any act
or failure to act on the part of the Company or by any act or failure to act, in good faith, by any
such holder, or by any noncompliance by the Company with the terms, provisions and covenants of
this Indenture, regardless of any knowledge thereof that any such holder may have or be otherwise
charged with.

     Without in any way limiting the generality of the immediately preceding paragraph, the holders
of Senior and Subordinated Debt may, at any time and from to time, without the consent of or notice
to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of
the Securities and without impairing or releasing the subordination provided in this Article or the
obligations hereunder of the Holders of the Securities to the holders of Senior and Subordinated
Debt, do any one or more of the following: (i) change the manner, place or terms of payment or
extend the time of payment of, or renew or alter, Senior and Subordinated Debt, or otherwise amend
or supplement in any manner Senior and Subordinated Debt or any instrument evidencing the same or
any agreement under which Senior and Subordinated Debt is outstanding; (ii) sell, exchange, release
or otherwise deal with any property pledged, mortgaged or otherwise securing Senior and
Subordinated Debt; (iii) release any Person liable in any manner for the collection of Senior and
Subordinated Debt; and (iv) exercise or refrain from exercising any rights against the Company and
any other Person.

Section 13.10 Notice to Trustee.

     The Company shall give prompt written notice to the Trustee of any fact known to the Company
which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Notwithstanding the provisions of this Article XIII or any other provision of this Indenture, the
Trustee shall not be charged with knowledge of the existence of any facts which would prohibit the
making of any payment to or by the Trustee in respect of the Securities, unless and until the
Trustee shall have received written notice thereof from the Company or a holder of Senior and
Subordinated Debt or from any trustee, agent or representative therefor; provided, however, that if
the Trustee shall not have received the notice provided for in this Section 13.10 at least two
Business Days prior to the date upon which by the terms hereof any monies may become payable for
any purpose (including, without limitation, the payment of the principal of (and premium, if any)
or interest (including any Additional Interest) on any Security), then, anything herein contained
to the contrary notwithstanding, the Trustee shall have full power and authority to receive such
monies and to apply the same to the purpose for which they were received and shall not be affected
by any notice to the contrary which may be received by it within two Business Days prior to such
date.

59

 

     Subject to the provisions of Section 6.2, the Trustee shall be entitled to rely on the
delivery to it of a written notice by a Person representing himself to be a holder of Senior and
Subordinated Debt (or a trustee therefor) to establish that such notice has been given by a holder
of Senior and Subordinated Debt (or a trustee therefor). In the event that the Trustee determines
in good faith that further evidence is required with respect to the right of any Person as a holder
of Senior and Subordinated Debt to participate in any payment or distribution pursuant to this
Article, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of
the Trustee as to the amount of Senior and Subordinated Debt held by such Person, the extent to
which such Person is entitled to participate in such payment or distribution and any other facts
pertinent to the rights of such Person under this Article, and if such evidence is not furnished,
the Trustee may defer any payment to such Person pending judicial determination as to the right of
such Person to receive such payment.

Section 13.11 Reliance on Judicial Order or Certificate of Liquidating Agent.

     Upon any payment or distribution of assets of the Company referred to in this Article XIII,
the Trustee, subject to the provisions of Section 6.2, and the Holders of the Securities shall be
entitled to rely upon any order or decree entered by any court of competent jurisdiction in which
such Proceeding is pending, or a certificate of the trustee in bankruptcy, receiver, liquidating
trustee, custodian, assignee for the benefit of creditors, agent or other Person making such
payment or distribution, delivered to the Trustee or to the Holders of Securities, for the purpose
of ascertaining the Persons entitled to participate in such payment or distribution, the holders of
the Senior and Subordinated Debt and other indebtedness of the Company, the amount thereof or
payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent
thereto or to this Article XIII.

Section 13.12 Trustee Not Fiduciary for Holders of Senior and Subordinated Debt.

     The Trustee, in its capacity as trustee under this Indenture, shall not be deemed to owe any
fiduciary duty to the holders of Senior and Subordinated Debt and shall not be liable to any such
holders if it shall in good faith mistakenly pay over or distribute to Holders of Securities or to
the Company or to any other Person cash, property or securities to which any holders of Senior and
Subordinated Debt shall be entitled by virtue of this Article or otherwise.

 

Section 13.13 Rights of Trustee as Holder of Senior and Subordinated Debt; Preservation of
Trustee’s Rights.

     The Trustee in its individual capacity shall be entitled to all the rights set forth in this
Article XIII with respect to any Senior and Subordinated Debt which may at any time be held by it,
to the same extent as any other holder of Senior and Subordinated Debt, and nothing in this
Indenture shall deprive the Trustee of any of its rights as such holder.

Section 13.14 No Recourse.

     No recourse may be taken with respect to the obligations of the Issuer or the Trustee against
the Trustee in its individual capacity.

Section 13.15 Article Applicable to Paying Agents.

     In case at any time any Paying Agent other than the Trustee shall have been appointed by the
Company and be then acting hereunder, the term “Trustee” as used in this Article XIII shall in such
case (unless the context otherwise requires) be construed as extending to and including such Paying
Agent

60

 

within its meaning as fully for all intents and purposes as if such Paying Agent were named in
this Article XIII in addition to or in place of the Trustee.

Section 13.16 Certain Conversions or Exchanges Deemed Payment.

     For the purposes of this Article XIII only, (a) the issuance and delivery of junior securities
upon conversion or exchange of Securities shall not be deemed to constitute a payment or
distribution on account of the principal of (or premium, if any) or interest (including any
Additional Interest) on Securities or on account of the purchase or other acquisition of
Securities, and (b) the payment, issuance or delivery of cash, property or securities (other than
junior securities) upon conversion or exchange of a Security shall be deemed to constitute payment
on account of the principal of such security. For the purposes of this Section 13.16, the term
“junior securities” means (i) shares of any stock of any class of the Company and (ii) securities
of the Company which are subordinated in right of payment to all Senior and Subordinated Debt which
may be outstanding at the time of issuance or delivery of such securities to substantially the same
extent as, or to a greater extent than, the Securities are so subordinated as provided in this
Article XIII.

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

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

	 	 	 	 	 
	 	FIRST FINANCIAL BANCORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	WILMINGTON TRUST COMPANY,

not in its individual capacity but solely as Trustee

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

61

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