Document:

EX-4.1

 Exhibit 4.1 
  

 
  

NEWELL RUBBERMAID INC., 

as Issuer 
 and 

U.S. BANK NATIONAL ASSOCIATION, 

as Trustee 
  

 
 INDENTURE

 Dated as of             , 2014 

 
  

Providing for issuance of Unsubordinated Debt Securities in Series 

 
  

 

 Cross-Reference Table* 

 

							
	Section of Trust Indenture Act of 1939, as amended	  	Section of Indenture	 
			
	 SECTION 310
	 	 (a)(1)
	  	 	607	  
		 	(a)(2)	  	 	607	  
		 	 (a)(3)
	  	 	Not Applicable	  
		 	 (a)(4)
	  	 	Not Applicable	  
		 	 (b)
	  	 	608	  
			
	 SECTION 311
	 	 (a)
	  	 	612	  
		 	 (b)
	  	 	612	  
			
	 SECTION 312
	 	 (a)
	  	 	701	  
		 	 (b)
	  	 	701	  
		 	 (c)
	  	 	701	  
			
	 SECTION 313
	 	 (a)
	  	 	702	  
		 	 (b)
	  	 	702	  
		 	 (c)
	  	 	702	  
		 	 (d)
	  	 	702	  
			
	 SECTION 314
	 	 (a)
	  	 	703, 1004	  
		 	 (b)
	  	 	Not Applicable	  
		 	 (c)(1)
	  	 	102	  
		 	 (c)(2)
	  	 	102	  
		 	 (c)(3)
	  	 	Not Applicable	  
		 	 (d)
	  	 	Not Applicable	  
		 	 (e)
	  	 	102	  
			
	 SECTION 315
	 	 (a)
	  	 	601	  
		 	 (b)
	  	 	602	  
		 	 (c)
	  	 	601	  
		 	 (d)
	  	 	601	  
			
	 SECTION 316
	 	 (a)(1)(A)
	  	 	502, 512	  
		 	 (a)(1)(B)
	  	 	513	  
		 	 (a)(2)
	  	 	Not Applicable	  
		 	 (b)
	  	 	508	  
		 	 (c)
	  	 	104(e); 1505(a)	  
			
	 SECTION 317
	 	 (a)(1)503
	  			
		 	 (a)(2)
	  	 	504	  
		 	 (b)
	  	 	1003	  
			
	 SECTION 318
	 	 (a)
	  	 	107	  

  

	*Note:	This Cross-Reference Table shall not, for any purpose, be deemed to be a part of the Indenture. 

 TABLE OF CONTENTS 

 

									
	 	 	 	 	 	  	Page	 
			
	ARTICLE ONE	 	DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	  	 	1	  
				
	 SECTION 101.
	 		 	Definitions	  	 	1	  
				
	 SECTION 102.
	 		 	Compliance Certificates and Opinions	  	 	11	  
				
	 SECTION 103.
	 		 	Form of Documents Delivered to Trustee	  	 	11	  
				
	 SECTION 104.
	 		 	Acts of Holders	  	 	12	  
				
	 SECTION 105.
	 		 	Notices, etc. to Trustee and Company	  	 	14	  
				
	 SECTION 106.
	 		 	Notice to Holders; Waiver	  	 	15	  
				
	 SECTION 107.
	 		 	Conflict with Trust Indenture Act	  	 	16	  
				
	 SECTION 108.
	 		 	Effect of Headings and Table of Contents	  	 	16	  
				
	 SECTION 109.
	 		 	Successors and Assigns	  	 	16	  
				
	 SECTION 110.
	 		 	Separability Clause	  	 	16	  
				
	 SECTION 111.
	 		 	Benefits of Indenture	  	 	16	  
				
	 SECTION 112.
	 		 	Governing Law; Waiver of Trial by Jury	  	 	16	  
				
	 SECTION 113.
	 		 	Legal Holidays	  	 	17	  
			
	ARTICLE TWO	 	SECURITY FORMS	  	 	17	  
				
	 SECTION 201.
	 		 	Forms Generally	  	 	17	  
				
	 SECTION 202.
	 		 	Form of Trustee’s Certificate of Authentication	  	 	18	  
				
	 SECTION 203.
	 		 	Securities Issuable in Global Form	  	 	18	  
			
	ARTICLE THREE	 	THE SECURITIES	  	 	18	  
				
	 SECTION 301.
	 		 	Amount Unlimited; Issuable in Series	  	 	18	  
				
	 SECTION 302.
	 		 	Denominations	  	 	22	  
				
	 SECTION 303.
	 		 	Execution, Authentication, Delivery and Dating	  	 	22	  
				
	 SECTION 304.
	 		 	Temporary Securities	  	 	25	  
				
	 SECTION 305.
	 		 	Registration of Transfer and Exchange	  	 	27	  
				
	 SECTION 306.
	 		 	Mutilated, Destroyed, Lost and Stolen Securities	  	 	30	  
				
	 SECTION 307.
	 		 	Payment of Interest; Interest Rights Preserved; Optional Interest Reset	  	 	31	  
				
	 SECTION 308.
	 		 	Persons Deemed Owners	  	 	34	  
				
	 SECTION 309.
	 		 	Cancellation	  	 	34	  
				
	 SECTION 310.
	 		 	Computation of Interest	  	 	35	  

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
	 SECTION 311.
	 		 	Securities in Foreign Currencies	  	 	35	  
				
	 SECTION 312.
	 		 	Appointment and Resignation of Successor Exchange Rate Agent	  	 	35	  
				
	 SECTION 313.
	 		 	CUSIP, CINS and ISIN Numbers	  	 	36	  
			
	ARTICLE FOUR	 	SATISFACTION AND DISCHARGE	  	 	36	  
				
	 SECTION 401.
	 		 	Satisfaction and Discharge of Indenture	  	 	36	  
				
	 SECTION 402.
	 		 	Application of Trust Money	  	 	37	  
			
	ARTICLE FIVE	 	REMEDIES	  	 	38	  
				
	 SECTION 501.
	 		 	Events of Default	  	 	38	  
				
	 SECTION 502.
	 		 	Acceleration of Maturity; Rescission and Annulment	  	 	39	  
				
	 SECTION 503.
	 		 	Collection of Indebtedness and Suits for Enforcement by Trustee	  	 	40	  
				
	 SECTION 504.
	 		 	Trustee May File Proofs of Claim	  	 	41	  
				
	 SECTION 505.
	 		 	Trustee May Enforce Claims Without Possession of Securities	  	 	42	  
				
	 SECTION 506.
	 		 	Application of Money Collected	  	 	42	  
				
	 SECTION 507.
	 		 	Limitation on Suits	  	 	42	  
				
	 SECTION 508.
	 		 	Unconditional Right of Holders to Receive Principal, Premium and Interest	  	 	43	  
				
	 SECTION 509.
	 		 	Restoration of Rights and Remedies	  	 	43	  
				
	 SECTION 510.
	 		 	Rights and Remedies Cumulative	  	 	43	  
				
	 SECTION 511.
	 		 	Delay or Omission Not Waiver	  	 	44	  
				
	 SECTION 512.
	 		 	Control by Holders	  	 	44	  
				
	 SECTION 513.
	 		 	Waiver of Past Defaults	  	 	44	  
				
	 SECTION 514.
	 		 	Waiver of Stay or Extension Laws	  	 	45	  
			
	ARTICLE SIX	 	THE TRUSTEE	  	 	45	  
				
	 SECTION 601.
	 		 	Duties of Trustee	  	 	45	  
				
	 SECTION 602.
	 		 	Notice of Defaults	  	 	46	  
				
	 SECTION 603.
	 		 	Certain Rights of Trustee	  	 	46	  
				
	 SECTION 604.
	 		 	Trustee Not Responsible for Recitals or Issuance of Securities	  	 	48	  
				
	 SECTION 605.
	 		 	May Hold Securities	  	 	48	  

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	 	 	  	Page
				
	 SECTION 606.
	 		 	Money Held in Trust	  	49
				
	 SECTION 607.
	 		 	Compensation and Reimbursement	  	49
				
	 SECTION 608.
	 		 	Corporate Trustee Required; Eligibility; Disqualification	  	50
				
	 SECTION 609.
	 		 	Resignation and Removal; Appointment of Successor	  	50
				
	 SECTION 610.
	 		 	Acceptance of Appointment by Successor	  	51
				
	 SECTION 611.
	 		 	Merger, Conversion, Consolidation or Succession to Business	  	52
				
	 SECTION 612.
	 		 	Appointment of Authenticating Agent	  	53
				
	 SECTION 613.
	 		 	Preferential Collection of Claims Against Company	  	54
			
	ARTICLE SEVEN	 	HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	  	54
				
	 SECTION 701.
	 		 	Disclosure of Names and Addresses of Holders; Company to Furnish Trustee Names and Addresses of Holders	  	54
				
	 SECTION 702.
	 		 	Reports by Trustee	  	55
				
	 SECTION 703.
	 		 	Reports by Company	  	55
			
	ARTICLE EIGHT	 	CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE	  	56
				
	 SECTION 801.
	 		 	Company May Consolidate, etc., Only on Certain Terms	  	56
				
	 SECTION 802.
	 		 	Successor Person Substituted	  	57
				
	 SECTION 803.
	 		 	Assignment of Rights	  	57
			
	ARTICLE NINE	 	SUPPLEMENTAL INDENTURES	  	57
				
	 SECTION 901.
	 		 	Supplemental Indentures Without Consent of Holders	  	57
				
	 SECTION 902.
	 		 	Supplemental Indentures with Consent of Holders	  	58
				
	 SECTION 903.
	 		 	Execution of Supplemental Indentures	  	60
				
	 SECTION 904.
	 		 	Effect of Supplemental Indentures	  	60
				
	 SECTION 905.
	 		 	Conformity with Trust Indenture Act	  	60
				
	 SECTION 906.
	 		 	Reference in Securities to Supplemental Indentures	  	60
				
	 SECTION 907.
	 		 	Notice of Supplemental Indentures	  	60
			
	ARTICLE TEN	 	COVENANTS	  	61
				
	 SECTION 1001.
	 		 	Payment of Principal, Premium, if any, and Interest	  	61
				
	 SECTION 1002.
	 		 	Maintenance of Office or Agency	  	61

  
 -iii- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
	 SECTION 1003.
	 		 	Money for Securities Payments to Be Held in Trust	  	 	62	  
				
	 SECTION 1004.
	 		 	Statement as to Compliance	  	 	63	  
				
	 SECTION 1005.
	 		 	Additional Amounts	  	 	63	  
				
	 SECTION 1006.
	 		 	Corporate Existence	  	 	64	  
				
	 SECTION 1007.
	 		 	Limitations on Liens	  	 	65	  
				
	 SECTION 1008.
	 		 	Waiver of Certain Covenants	  	 	67	  
			
	ARTICLE ELEVEN	 	REDEMPTION OF SECURITIES	  	 	67	  
				
	 SECTION 1101.
	 		 	Applicability of Article	  	 	67	  
				
	 SECTION 1102.
	 		 	Election to Redeem; Notice to Trustee	  	 	67	  
				
	 SECTION 1103.
	 		 	Selection by Trustee of Securities to Be Redeemed	  	 	68	  
				
	 SECTION 1104.
	 		 	Notice of Redemption	  	 	68	  
				
	 SECTION 1105.
	 		 	Deposit of Redemption Price	  	 	70	  
				
	 SECTION 1106.
	 		 	Securities Payable on Redemption Date	  	 	70	  
				
	 SECTION 1107.
	 		 	Securities Redeemed in Part	  	 	71	  
			
	ARTICLE TWELVE	 	SINKING FUNDS	  	 	71	  
				
	 SECTION 1201.
	 		 	Applicability of Article	  	 	71	  
				
	 SECTION 1202.
	 		 	Satisfaction of Sinking Fund Payments with Securities	  	 	71	  
				
	 SECTION 1203.
	 		 	Redemption of Securities for Sinking Fund	  	 	72	  
			
	ARTICLE THIRTEEN	 	REPAYMENT AT OPTION OF HOLDERS	  	 	73	  
				
	 SECTION 1301.
	 		 	Applicability of Article	  	 	73	  
				
	 SECTION 1302.
	 		 	Repayment of Securities	  	 	73	  
				
	 SECTION 1303.
	 		 	Exercise of Option	  	 	73	  
				
	 SECTION 1304.
	 		 	When Securities Presented for Repayment Become Due and Payable	  	 	74	  
				
	 SECTION 1305.
	 		 	Securities Repaid in Part	  	 	75	  
			
	ARTICLE FOURTEEN	 	DEFEASANCE AND COVENANT DEFEASANCE	  	 	75	  
				
	 SECTION 1401.
	 		 	Company’s Option to Effect Defeasance or Covenant Defeasance	  	 	75	  
				
	 SECTION 1402.
	 		 	Defeasance and Discharge	  	 	75	  
				
	 SECTION 1403.
	 		 	Covenant Defeasance	  	 	75	  
				
	 SECTION 1404.
	 		 	Conditions to Defeasance or Covenant Defeasance	  	 	76	  

  
 -iv- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
	 SECTION 1405.
	 		 	Deposited Money and Government Obligations to Be Held in Trust; Other Miscellaneous Provisions	  	 	78	  
				
	 SECTION 1406.
	 		 	Reinstatement	  	 	79	  
				
	 SECTION 1407.
	 		 	Qualifying Trustee	  	 	79	  
			
	ARTICLE FIFTEEN	 	MEETINGS OF HOLDERS OF SECURITIES	  	 	79	  
				
	 SECTION 1501.
	 		 	Purposes for Which Meetings May Be Called	  	 	79	  
				
	 SECTION 1502.
	 		 	Call, Notice and Place of Meetings	  	 	79	  
				
	 SECTION 1503.
	 		 	Persons Entitled to Vote at Meetings	  	 	80	  
				
	 SECTION 1504.
	 		 	Quorum; Action	  	 	80	  
				
	 SECTION 1505.
	 		 	Determination of Voting Rights; Conduct and Adjournment of Meetings	  	 	81	  
				
	 SECTION 1506.
	 		 	Counting Votes and Recording Action of Meetings	  	 	82	  

  
 -v- 

 INDENTURE, dated as of             , 2014,
between Newell Rubbermaid Inc., a corporation duly organized and existing under the laws of the State of Delaware (the “Company”), having executive offices located at Three Glenlake Parkway, Atlanta, Georgia 30328, and U.S. Bank National
Association, a national banking association duly organized and existing under the laws of the United States, as Trustee (the “Trustee”). 

RECITALS OF THE COMPANY 
 The Company has duly
authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured debentures, notes or other evidences of indebtedness (the “Securities”), to be issued in one or more series as in this
Indenture provided. 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. All things necessary
to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done. 
 NOW, THEREFORE, THIS INDENTURE WITNESSETH: 

For and in consideration of the premises and the purchase of the Securities by the Holders thereof, it is mutually covenanted and agreed, for the equal and
proportionate benefit of all Holders of the Securities or of any series thereof, 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, and the terms “cash transaction” and “self-liquidating paper,” as used in TIA Section 311, shall have the
meanings assigned to them in the rules of the Commission adopted under the Trust Indenture Act; 
 (3) all accounting terms not otherwise defined herein
have the meanings assigned to them in accordance with United States 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; 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; and 

 (5) the word “or” is always used inclusively (for example, the phrase “A” or “B”
means “A or B or both” and not “either A or B but not both”). 
 Certain terms are defined in certain other Articles hereof (principally
Article Three). 
 “Act,” when used with respect to any Holder, has the meaning specified in Section 104. 

“Additional Amounts” has the meaning specified in Section 1005. 

“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” of any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of
voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. 

“Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 612 to act on behalf of the Trustee to authenticate
Securities. 
 “Authorized Newspaper” means a newspaper, in the English language or in an official language of the country of publication,
customarily published on each Business Day, whether or not published on Saturdays, Sundays or 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, such 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. 

“Bearer Security” means any Security except a Registered Security. 

“Board of Directors” means either the board of directors of the Company or any duly authorized committee of such board. 

“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 and to be in full force and effect on the date of such certification, and delivered to the Trustee. 
 “Business Day,” when
used with respect to any Place of Payment or any other particular location referred to in this Indenture or in the Securities, means, unless otherwise specified with respect to any Securities pursuant to Section 301, each Monday, Tuesday,
Wednesday, Thursday and Friday which is not a day on which banking institutions in that Place of Payment or other location are authorized or obligated by law or executive order to close. 

“Clearstream” means Clearstream Banking, S.A. 

“Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Securities Exchange Act of 1934, as
amended, 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. 

  
 -2- 

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

“Company Request” or “Company Order” means a written request or order signed in the name of the Company by its Chairman, its Vice
Chairman, its President, any Vice President, its Treasurer or an Assistant Treasurer, and delivered to the Trustee. 
 “Conversion Event” means
the cessation of use of (i) a Foreign Currency both by the government of the country which issued such Currency and by a central bank or other public institution of or within the international banking community for the settlement of
transactions, or (ii) any currency unit (or composite currency) for the purposes for which it was established. 
 “Consolidated Total Assets”
means the total of all the assets appearing on the consolidated balance sheet of the Company and its Subsidiaries determined in accordance with generally accepted accounting principles applicable to the type of business in which the Company and such
Subsidiaries are engaged, and may be determined as of a date not more than sixty days prior to the happening of the event for which such determination is being made. 

“Corporate Trust Office” means the designated office of the Trustee at which the corporate trust business of the Trustee shall at any particular
time be administered, which office at the date of original execution of this Indenture is located at 1349 West Peachtree Street NW, Suite 1050Atlanta, GA 30309, Attention: Global Corporate Trust Services. 

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

“covenant defeasance” has the meaning specified in Section 1403. 

“Currency” means any currency or currencies, composite currency or currency unit or currency units issued by the government of one or more countries
or by any recognized confederation or association of such governments as legal tender for the payment of public and private debts. 
 “Default”
means any event which is, or after notice or passage of time or both would be, an Event of Default. 
 “Defaulted Interest” has the meaning
specified in Section 307. 
 “defeasance” has the meaning specified in Section 1402. 

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

  
 -3- 

 “Dollar” or “$” means a dollar or other equivalent unit in such coin or currency of the
United States of America as at the time shall be legal tender for the payment of public and private debts. 
 “Euroclear” means Euroclear Bank,
S.A./N.V., as operator of the Euroclear system. 
 “European Communities” means the European Economic Community, the European Coal and Steel
Community and the European Atomic Energy Community. 
 “European Monetary System” means the European Monetary System established by the Resolution
of December 5, 1978 of the Council of the European Communities. 
 “Event of Default” has the meaning specified in Section 501. 

“Exchange Date” has the meaning specified in Section 304. 

“Exchange Rate Agent” means, with respect to Securities of or within any series, unless otherwise specified with respect to any Securities pursuant
to Section 301, a New York Clearing House bank, designated pursuant to Section 301 or Section 312. 
 “Exchange Rate Officer’s
Certificate” means a tested telex, facsimile (with copy to follow by U.S. mail) or a certificate setting forth (i) the applicable Market Exchange Rate and (ii) the Dollar or Foreign Currency amounts of principal (and premium, if any)
and interest, if any (on an aggregate basis and on the basis of a Security having the lowest denomination principal amount determined in accordance with Section 302 in the relevant Currency), payable with respect to a Security of any series on
the basis of such Market Exchange Rate, sent (in the case of a telex) or signed (in the case of a facsimile or certificate) by the Treasurer, any Vice President or any Assistant Treasurer of the Company. 

“Federal Bankruptcy Code” means the Bankruptcy Act of Title 11 of the United States Code, as amended from time to time. 

“Foreign Currency” means any Currency other than Currency of the United States. 

“Funded Debt” means any indebtedness which by its terms matures at or is extendable or renewable at the sole option of the obligor without requiring
the consent of the obligee to a date more than 12 months after the date of the creation of such indebtedness. 
 “Government Obligations” means,
unless otherwise specified with respect to any series of Securities pursuant to Section 301, securities which are (i) direct obligations of the government or governments which issued the Currency in which the Securities of a particular
series are payable or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the government or governments which issued the Currency in which the Securities of such series are payable, the payment
of which is unconditionally guaranteed by such government or governments, which, in either case, are full faith and credit obligations of such government or governments payable in such Currency and are not callable or redeemable at

  
 -4- 

 
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 or other amount with respect to 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 or other
amount with respect to the Government Obligation evidenced by such depository receipt. 
 “Holder” means, in the case of a Registered Security,
the Person in whose name a Security is registered in the Security Register and, in the case of a Bearer Security, the bearer thereof and, when used with respect to any Coupon, shall mean the bearer thereof. 

“Indenture” means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures
supplemental hereto entered into pursuant to the applicable provisions hereof, and shall include the terms of particular series of 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 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 not 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. 

“Indexed Security” means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity and/or interest to be
paid thereon may be determined by reference to the exchange rate of one or more specified Currencies relative to an index or one or more equity or other indices and/or formulae or the price of one or more specified commodities or by such other
methods or formulae as may be determined in accordance with this Indenture. 
 “Interest,” when used with respect to an Original Issue Discount
Security which by its terms bears interest only after Maturity, means interest payable after Maturity at the rate prescribed in such Original Issue Discount Security. 

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

“Lien” means, as to any Person, any mortgage, lien, collateral assignment, pledge, charge, security interest or other encumbrance in respect of or
on, or any interest or title of any vendor, lessor, lender or other secured party to or of such Person under any conditional sale or other title retention agreement, purchase money mortgage or Sale and Lease-back Transaction with respect to, any
property or asset (including without limitation income and rights thereto) of such Person 

  
 -5- 

 
(including without limitation capital stock of any Subsidiary of such Person) or the signing by such Person and filing of a financing statement which names such Person as debtor or the signing of
any security agreement agreeing to file, or authorizing any other party as the secured party thereunder to file, any financing statement. 
 “Market
Exchange Rate” means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange
rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign
Currency, the noon (New York City time) buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign
Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased
with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent.
Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall
use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or another principal
market for the Currency in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any Currency by reason of foreign
exchange regulations or otherwise, the market to be used in respect of such Currency shall be that upon which a non-resident issuer of securities designated in such Currency would purchase such Currency in
order to make payments in respect of such securities. 
 “Maturity,” when used with respect to any Security, means the date on which the principal
of such Security or an installment of principal becomes due and payable as provided in or pursuant to this Indenture, whether at the Stated Maturity or by declaration of acceleration, notice of redemption, notice of option to elect repayment or
otherwise. 
 “Notice of Default” has the meaning specified in Section 501(4). 

“Officers’ Certificate” means a certificate signed by the Chairman, the 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” means a
written opinion of counsel, who may be counsel for the Company, including an employee of the Company. 
 “Optional Reset Date” has the meaning
specified in Section 307(b). 

  
 -6- 

 “Original Issue Discount Security” means any Security which provides for an amount less than the
principal amount thereof to be due and payable upon acceleration of the Maturity thereof pursuant to Section 502. 
 “Outstanding,” when used
with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered under this Indenture except: 

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

(ii) Securities, or portions thereof, for whose payment or redemption or repayment 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 Sections 1402 and 1403, with respect to which the Company has effected defeasance and/or covenant
defeasance as provided herein; and 
 (iv) Securities which have been paid pursuant to Section 306 or in exchange for or in lieu of which other
Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide
purchaser in whose hands such Securities are valid obligations of the Company; 
 provided, however, that in determining whether the Holders of the
requisite principal amount of the Outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder or are present at a meeting of Holders for quorum purposes, and for the purpose of making the
calculations required by TIA Section 313, (a) 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 purpose shall be
equal to the amount of principal thereof that would be (or shall have been declared to be) due and payable, at the time of such determination, upon acceleration of the maturity thereof pursuant to Section 502, (b) the principal amount of
any Indexed Security that may be counted in making such determination and that shall be deemed outstanding for such purpose shall be equal to the principal face amount of such Indexed Security at original issuance, unless otherwise provided with
respect to such Security pursuant to Section 301, and (c) Securities owned by the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other obligor shall be disregarded and deemed not to be
Outstanding, except that, in determining whether the Trustee shall be protected in making such determination or calculation or 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. 

  
 -7- 

 “Paying Agent” means any Person (including the Company acting as Paying Agent) authorized by the
Company to pay the principal of (or premium, if any, on) or interest on any Securities on behalf of the Company. 
 “Permitted Liens” means
mechanics, materialmen, landlords, warehousemen and carriers liens and other similar liens imposed by law securing obligations incurred in the ordinary course of business which are not past due or which are being contested in good faith by
appropriate proceedings and for which appropriate reserves have been established; Liens under workmen’s compensation, unemployment insurance, social security or similar legislation; liens, deposits, or pledges to secure the performance of bids,
tenders, contracts (other than contracts for the payment of money), leases, public or statutory obligations, surety, stay, appeal, indemnity, performance or other similar bonds, or other similar obligations arising in the ordinary course of
business; judgment and other similar liens arising in connection with court proceedings, provided the execution or other enforcement of such liens is effectively stayed and the claims secured thereby are being actively contested in good faith and by
appropriate proceedings; and easements, rights-of-way, restrictions and other similar encumbrances which, in the aggregate, do not materially interfere with the occupation, use and enjoyment by the Company or any Subsidiary of the property or assets
encumbered thereby in the normal course of its business or materially impair the value of the property subject thereto. 
 “Person” means any
individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision
thereof. 
 “Place of Payment” means, when used with respect to the Securities of or within any series, the place or places where the principal of
(and premium, if any, on) and interest on such Securities are payable as specified pursuant to Sections 301 and 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 306 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security or a Security to which a mutilated, destroyed, lost or stolen Coupon appertains shall be deemed to evidence the same debt as the mutilated, destroyed,
lost or stolen Security or the Security to which the mutilated, destroyed, lost or stolen Coupon appertains, as the case may be. 
 “Principal
Subsidiary” means, as of any date of determination thereof, any Subsidiary the consolidated net revenues of which for the twelve-month period ending on the last day of the month then most recently ended exceed 10% of consolidated net revenues
of the Company for such period, determined on a pro forma basis after giving effect to any acquisition or disposition of a Subsidiary or a business effected on or prior to the determination date and after the beginning of such twelve-month period
(including acquisitions and dispositions accomplished through a purchase or sale of assets or through a merger or consolidation). 

  
 -8- 

 “Redemption Date,” when used with respect to any Security to be redeemed, in whole or in part, means
the date fixed for such redemption by or pursuant to this Indenture. 
 “Redemption Price,” when used with respect to any Security or portion
thereof to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture. 
 “Registered Security” means any Security
registered in the Security Register. 
 “Regular Record Date” for the interest payable on any Interest Payment Date on the Registered Securities
of or within any series means the date specified for that purpose as contemplated by Section 301. 
 “Repayment Date” means, when used with
respect to any Security to be repaid at the option of the Holder, the date fixed for such repayment pursuant to this Indenture. 
 “Repayment
Price” means, when used with respect to any Security to be repaid at the option of the Holder, the price at which it is to be repaid pursuant to this Indenture. 

“Reset Notice” has the meaning specified in Section 307(b). 

“Responsible Officer,” when used with respect to the Trustee, means any vice president, any assistant vice president, any assistant treasurer, any
trust officer or assistant trust officer, any associate or senior associate or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a
particular corporate trust matter, any other officer to whom such matter is referred because of his knowledge of and familiarity with the particular subject and who, in each case, shall have direct responsibility for the administration of this
Indenture. 
 “Sale and Lease-back Transaction” means, with respect to any Person, any direct or indirect arrangement with any other Person or to
which any other Person is a party, providing for the leasing to such Person of any property, whether now owned or hereafter acquired (except for temporary leases for a term, including any renewal thereof, of not more than three years and except for
leases between the Company and a Subsidiary or between Subsidiaries), which has been or is to be sold or transferred by such first Person to such other Person or to any Person to whom funds have been or are to be advanced by such other Person on the
security of such property. 
 “Securities” has the meaning stated in the first recital of this Indenture and more particularly means any
Securities 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 305.

  
 -9- 

 “Special Record Date” for the payment of any Defaulted Interest on the Registered Securities of or
within any series means a date fixed by the Trustee pursuant to Section 307. 
 “Stated Maturity,” when used with respect to any Security or
any installment of principal thereof or interest thereon, means the date specified in such Security 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. 
 “Subsequent Interest Period” has the meaning specified in Section 307(b). 

“Subsidiary” means any corporation of which at the time of determination the Company, directly and/or indirectly through one or more Subsidiaries,
owns or controls directly or indirectly more than 50% of the shares of Voting Stock. 
 “Trust Indenture Act” or “TIA” means the Trust
Indenture Act of 1939 as in force at the date as of which this Indenture was executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “Trust Indenture Act” or “TIA”
shall mean, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended. 
 “Trustee” means the Person named as
the “Trustee” in the first paragraph of this Indenture 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 or include each Person who is then a Trustee hereunder; provided, however, that if at any time there is more than one such Person, “Trustee” as used with respect to the Securities of any series
shall mean only the Trustee with respect to Securities of that series. 
 “United States” means, unless otherwise specified with respect to any
Securities pursuant to Section 301, the United States of America (including the states and the District of Columbia), its territories, its possessions and other areas subject to its jurisdiction. 

“United States Person” means, unless otherwise specified with respect to any Securities pursuant to Section 301, an individual who is a citizen
or resident of the United States, a corporation, partnership or other entity created or organized in or under the laws of the United States or an estate or trust the income of which is subject to United States federal income taxation regardless of
its source. 
 “Value” shall mean, with respect to a Sale and Lease-back Transaction, as of any particular time, the amount equal to the greater
of (1) the net proceeds from the sale or transfer of the property leased pursuant to such Sale and Lease-back Transaction or (2) the fair value in the opinion of the Board of Directors, the Chairman of the Board, the Vice Chairman of the
Board, the President or the principal financial officer of the Company of such property at the time of entering into such Sale and Lease-back Transaction, in either case multiplied by a fraction, the numerator of which shall be equal to the number
of full years of the term of the lease remaining at the time of determination and the denominator of which shall be equal to the number of full years of such term, without regard to any renewal or extension options contained in the lease. 

  
 -10- 

 “Vice President,” when used 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 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 a corporation (irrespective of whether or not at the time stock of any other class or
classes shall have or might have voting power by reason of the happening of any contingency). 
 “Yield to Maturity” means the yield to maturity,
computed at the time of issuance of a Security (or, if applicable, at the most recent redetermination of interest on such Security) and as set forth in such Security in accordance with generally accepted United States bond yield computation
principles. 
 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 (including any covenant compliance with which constitutes a condition precedent) 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 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 covenant or condition
provided for in this Indenture (except for certificates provided for in Section 1004) 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 covenant or condition 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 

  
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Counsel or representation by counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company stating
that the information with respect to such factual matters is in the possession of the Company, unless such counsel knows, 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, 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 of the Outstanding Securities of all series or one or more series, as the case may be, may be embodied in
and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agents duly appointed in writing. Any request, demand, authorization, direction, notice, consent, waiver or other action provided by or
pursuant to 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 Fifteen, 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 or 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 TIA) conclusive in favor of the Trustee and 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 1506. 
 Without
limiting the generality of this Section 104, unless otherwise provided in or pursuant to this Indenture, a Holder, including a Depository that is a 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 or pursuant to this Indenture to be made, given or taken by Holders, and a 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 Depository’s standing instructions and customary practices. 

The Trustee may fix a record date for the purpose of determining the Persons who are beneficial owners of interest in any permanent global Security held by a
Depository entitled under the procedures of such Depository to make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, 

  
 -12- 

 
direction, notice, consent, waiver or other action provided in or pursuant to 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 by the affidavit of a witness of such execution or by a
certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such execution is by a signer
acting in a capacity other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person
executing the same, may also be proved in any other manner which the Trustee deems sufficient. 
 (c) The ownership, principal amount and serial numbers of
Registered Securities held by any Person, and the date 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 holding the same, may be proved by the production of such Bearer Securities or by a certificate executed, as depositary, by any trust company, bank, banker or other
depositary, 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 ownership, principal amount and serial numbers of Bearer Securities held by any Person, and
the date 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 Registered Securities any request, demand, authorization, direction, notice, consent, waiver or other Act, the Company may, at its option, by or pursuant to a Board Resolution, fix in advance a record date for the determination of Holders
entitled to give such request, demand, authorization, direction, notice, consent, waiver or other Act, but the Company shall have no obligation to do so. Notwithstanding TIA Section 316(c), such record date shall be the record date specified in
or pursuant to such Board Resolution, which shall be a date not earlier than the date thirty (30) days prior to the first solicitation of Holders generally in connection therewith and not later than the date such solicitation is completed. 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 record at the close of business on such record date shall be
deemed to 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 

  
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Outstanding Securities shall be computed as of such record date; provided that no such authorization, agreement or consent by the Holders on such record date shall be deemed effective
unless it shall become effective pursuant to the provisions of this Indenture not later than eleven months after the record date. 
 (f) Any request,
demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange
therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance thereon, whether or not notation of such action is made upon such Security. 

SECTION 105. Notices, etc. to Trustee and Company. 
 Any
request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other documents 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 by hand, telecopier (with confirmation of receipt) or certified or registered mail (confirmation of receipt requested) to or with the Trustee at
its Corporate Trust Office, telecopier number (404) 898-8844 or at any other address (or telecopier number) as may be furnished in writing to the Company and the Holders by the Trustee, or (2) the Company by the Trustee or by any Holder
shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if made, given, furnished or filed in writing by hand, telecopier (with confirmation of receipt) or certified or registered mail (confirmation of receipt
requested) to or with the Company addressed to it at the address of its executive office specified in the first paragraph of this Indenture, Attention: Treasury Department, telecopier number (815) 233-8093, with a copy to 29 East Stephenson
Street, Freeport, Illinois 61032, or at any other address (or telecopier number) as may be previously furnished in writing to the Trustee and the Holders by the Company. 

The Trustee agrees to accept and act upon instructions or directions pursuant to this Indenture sent by unsecured e-mail, telecopier or other similar
unsecured electronic methods; provided, however, that (a) the party providing such electronic instructions or directions, subsequent to the transmission thereof, shall provide the originally executed instructions or directions to the
Trustee in a timely manner and (b) such originally executed instructions or directions shall be signed by an authorized representative of the party providing such instructions or directions. The Trustee shall not be liable for any losses, costs
or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions or directions notwithstanding such instructions or directions conflict or are inconsistent with a subsequent written instruction
or direction or if the subsequent written instruction or direction is never received. The party providing instructions or directions by unsecured e-mail, telecopier or other similar unsecured electronic methods, as aforesaid, agrees to assume all
risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk of interception and misuse by third
parties. 

  
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 SECTION 106. Notice to Holders; Waiver. 

Where this Indenture provides for notice of any event to Holders of Registered Securities by the Company or the Trustee, such notice shall be sufficiently
given (unless otherwise expressly provided in or pursuant to this Indenture) if in writing and mailed, first-class postage prepaid, to each such Holder 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. 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 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. Any notice mailed to a Holder in the manner herein prescribed shall be conclusively deemed to have been received by such Holder, whether or not such Holder actually receives such notice. In case, by reason of the suspension of or
irregularities in regular mail service or by reason of any other cause, it shall be impractical to mail notice of any event to Holders of Registered Securities when such notice is required to be given pursuant to any provision of this Indenture,
then any manner of giving such notice as shall be satisfactory to the Trustee shall be deemed to be sufficient giving of such notice for every purpose hereunder. Except as otherwise expressly provided herein or otherwise specified with respect to
any Securities pursuant to Section 301, where this Indenture provides for notice to Holders of Bearer Securities of any event, such notice shall be sufficiently given to Holders of Bearer Securities if published in an Authorized Newspaper in
The City of New York and in such other city or cities as may be specified in such Securities 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. Any such notice
shall be deemed to have been given on the date of the first such publication. 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 the 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 to Holders of Registered Securities given as
provided herein. Any request, demand, authorization, direction, notice, consent 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. 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. 

Notwithstanding any other provision of this Indenture or any Security, where this Indenture or any Security provides for notice of any event (including any
notice of redemption or repurchase) to a Holder of a Security in global form (whether by mail or otherwise), such notice shall be sufficiently given if given to the Depository (or its designee) pursuant to the standing instructions from the
Depository or its designee, including by electronic mail in accordance with the rules and procedures of such Depository. 

  
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 SECTION 107. Conflict with Trust Indenture Act. 

If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act that is required under the Trust Indenture Act to be a part
of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the latter provision shall be deemed to apply to
this Indenture as so modified or to be excluded, as the case may be. 
 SECTION 108. Effect of Headings and Table of Contents. 

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

SECTION 109. Successors and Assigns. 
 All covenants and
agreements in this Indenture by the Company shall bind its successors and assigns, whether so expressed or not. 
 SECTION 110. Separability Clause. 

In case any provision in this Indenture or in any Security or 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 111. Benefits of Indenture. 

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

SECTION 112. Governing Law; Waiver of Trial by Jury. 
 THIS
INDENTURE AND THE SECURITIES AND COUPONS SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK. 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. EACH OF THE COMPANY AND THE TRUSTEE AND EACH HOLDER OF A SECURITY OR A COUPON HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

  
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 SECTION 113. Legal Holidays. 

Unless otherwise provided as contemplated by Section 301, in any case where any Interest Payment Date, Redemption Date or Stated Maturity or Maturity of
any Security shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of any Security or Coupon other than a provision in the Securities of any series which specifically states that such
provision shall apply in lieu of this Section) payment of interest or principal (and premium, if any) 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 Maturity; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Stated
Maturity or Maturity, as the case may be, to such Business Day. 
 ARTICLE TWO 

SECURITY FORMS 
 SECTION 201. Forms Generally.

 The Registered Securities, if any, of each series and the Bearer Securities, if any, of each series and related Coupons shall be in the form 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 or pursuant to 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 be required to comply with any law or the rules of any securities exchange or
as may, consistently herewith, be determined by the officers executing such Securities or Coupons, as evidenced by their execution of the Securities or Coupons. If the forms of Securities or Coupons of any 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 Company Order contemplated by
Section 303 for the authentication and delivery of such Securities or Coupons. Any portion of the text of any Security may be set forth on the reverse thereof, with an appropriate reference thereto on the face of the Security. Unless otherwise
specified as contemplated by Section 301, Securities in bearer form shall have Coupons attached. The Trustee’s certificate of authentication on all Securities shall be in substantially the form set forth in this Article. The definitive
Securities or Coupons shall be printed, lithographed or engraved on 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. 

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

Subject to Section 612, 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. 

 

			
	U.S. Bank National Association, as Trustee
		
	By:	 	  

		 	Authorized Signatory

 SECTION 203. Securities Issuable in Global Form. 

If Securities of or within a series are issuable in global form, as specified as contemplated by Section 301, then any such Security shall represent such
of the Outstanding Securities of such series as shall be specified therein and may provide that it shall represent the aggregate amount of Outstanding Securities of such series from time to time endorsed thereon and that the aggregate amount of
Outstanding Securities of such series represented thereby may from time to time be increased or decreased to reflect exchanges. Any endorsement of a Security in global form to reflect the amount, or any increase or decrease in the amount, of
Outstanding Securities represented thereby shall be made by the Trustee in such manner and upon instructions given by such Person or Persons as shall be specified therein or in the Company Order to be delivered to the Trustee pursuant to
Section 303 or Section 304. Subject to the provisions of Section 303 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 303 or Section 304 has been, or simultaneously is, delivered, any instructions by the Company with respect to endorsement or
delivery or redelivery of 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 last sentence of Section 303 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 last sentence of Section 303.
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 by wire transfer to the Depository therefor or pursuant to such other
procedures as shall be prescribed by such Depository, and the Company, the Trustee and any agent of the Company and the Trustee shall treat, for all purposes whatsoever, such Depository or its nominee as the Holder of such Security. 

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 may be issued in one or more series and each series will rank at least equally and pari passu with all senior
unsecured and unsubordinated debt of the Company. There shall be established in one or more Board Resolutions or pursuant to authority 

  
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granted by one or more Board Resolutions and, subject to Section 303, set forth in, or determined in the manner provided in, an Officers’ Certificate, or established in one or more
indentures supplemental hereto, prior to the issuance of Securities of any series, any or all of the following, as applicable (each of which (except for the matters set forth in clauses (1), (2) and (17) below), if so provided, may be
determined from time to time by the Company with respect to unissued Securities of the series and set forth in such Securities of the series when issued from time to time): 
  

	 	(1)	the title of the Securities of the series (which shall distinguish the Securities of the series from all other series of Securities); 

 

	 	(2)	any limit upon the aggregate principal amount of the Securities of the series that may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer
of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 304, 305, 306, 906, 1107 or 1305 or the terms of such Securities); 

  

	 	(3)	the date or dates, or the method by which such date or dates will be determined, on which the principal of the Securities of the series is payable; 

 

	 	(4)	the rate or rates at which the Securities of the series shall bear interest, if any, or the method by which such rate or rates shall be determined, the date or dates from which such interest shall accrue, or the method
by which such date or dates shall be determined, the Interest Payment Dates on which such interest shall be payable and the Regular Record Date, if any, for the interest payable on any Registered Security on any Interest Payment Date, or the method
by which such date or dates shall be determined, and the basis upon which interest shall be calculated if other than on the basis of a 360-day year of twelve 30-day
months; 

  

	 	(5)	the place or places, if any, other than or in addition to The City of New York, where the principal of (and premium, if any, on) and any interest on Securities of the series 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 and, if different than the location specified in Section 105, the place or places where notices or demands to or upon the
Company in respect of the Securities of the series and this Indenture may be served; 

  

	 	(6)	the period or periods within which, the price or prices at which, the Currency in which, and other terms and conditions upon which Securities of the series may be redeemed, in whole or in part, at the option of the
Company, if the Company is to have that option; 

  

	 	(7)	the obligation, if any, of the Company to redeem, repay or purchase Securities of the series pursuant to any sinking fund or analogous provision or at the option of a Holder thereof, and the period or periods within
which, the price or prices at which, the Currency in which, and 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 and any provision for the
remarketing of any Securities that are so redeemed, repaid or purchased; 

  
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	 	(8)	if other than denominations of $1,000 and any integral multiple thereof, the denominations in which Registered Securities of the series shall be issuable and, if other than the denomination of $5,000, the denomination
or denominations in which any Bearer Securities of the series shall be issuable; 

  

	 	(9)	if other than the Trustee, the identity of each Security Registrar and/or Paying Agent; 

  

	 	(10)	if other than the principal amount thereof, the portion of the principal amount of Securities of the series that shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 502 or
the method by which such portion shall be determined; 

  

	 	(11)	if other than Dollars, the Currency in which payment of the principal of (and premium, if any, on) or interest, if any, on the Securities of the series shall be payable or in which the Securities of the series shall be
denominated and the particular provisions applicable thereto; 

  

	 	(12)	whether the amount of payments of principal of (and premium, if any, on) or interest 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, commodities, equity indices or other indices), and the manner in which such amounts shall be determined; 

 

	 	(13)	whether the principal of (and premium, if any, on) and interest, if any, on the Securities of the series are to be payable, at the election of the Company or a Holder thereof, in a Currency other than that in which such
Securities are denominated or stated to be payable, the period or periods within which, and the terms and conditions upon which, such election may be made, and the time and manner of determining the exchange rate between the Currency in which such
Securities are denominated or stated to be payable and the Currency in which such Securities are to be so payable; 

  

	 	(14)	the designation of the initial Exchange Rate Agent, if any; 

  

	 	(15)	any provisions in modification of, in addition to or in lieu of the provisions of Article Fourteen that shall be applicable to the Securities of the series; 

 

	 	(16)	provisions, if any, granting special rights to the Holders of Securities of the series upon the occurrence of such events as may be specified; 

 

	 	(17)	any deletions from, modifications of or additions to the Events of Default or covenants of the Company with respect to Securities of the series, whether or not such Events of Default or covenants are consistent with the
Events of Default or covenants set forth herein; 

  
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	 	(18)	whether any Securities of the series are to be issuable as Registered Securities, Bearer Securities (with or without Coupons) or both, any restrictions applicable to the offer, sale or delivery of Bearer Securities,
whether any Securities of the series are to be issuable initially in temporary global form and whether any Securities of the series are to be issuable in permanent global form with or without Coupons and, if so, whether beneficial owners of
interests in any such permanent global Security may exchange such interests 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 provided in Section 305, whether Registered Securities of the series may be exchanged for Bearer Securities of the series (if permitted by applicable laws and regulations), whether Bearer Securities of the series may be exchanged for
Registered Securities of the series, and the circumstances under which and the place or places where such exchanges may be made and if Securities of the series are to be issuable in global form, the identity of any initial Depository therefor;
provided, that, unless otherwise provided pursuant to this Section 301 the Securities shall be issued as Registered Securities; 

  

	 	(19)	the date as of which any Bearer Securities of the series and any temporary 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; 

  

	 	(20)	the Person to whom any interest on any Registered Security of the series shall be payable, if other than the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of
business on the Regular Record Date for such interest, the manner in which, or the Person to whom, any interest on any Bearer Security of the series shall be payable, if otherwise than upon presentation and surrender of the Coupons appertaining
thereto as they severally mature, and the extent to which, or the manner in which, any interest payable on a temporary global Security on an Interest Payment Date will be paid if other than in the manner provided in Section 304;

  

	 	(21)	if 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, the form and/or terms of such certificates, documents or conditions; 

  

	 	(22)	whether and under what circumstances the Company will pay Additional Amounts as contemplated by Section 1005 on the Securities of the series to any Holder (including any modification to the definition of such term)
in respect of any tax, assessment or governmental charge and, if so, whether the Company will have the option to redeem such Securities rather than pay such Additional Amounts (and the terms of any such option); 

 

	 	(23)	if the Securities of the series are to be convertible into or exchangeable for any securities of any Person (including the Company), the terms and conditions upon which such Securities will be so convertible or
exchangeable; and 

  
 -21- 

	 	(24)	any other terms, conditions, rights and preferences (or limitations on such rights and preferences) relating to the series (which terms shall not be inconsistent with the requirements of the Trust Indenture Act or the
provisions of this Indenture). 

 All Securities of any one series and the Coupons appertaining to any Bearer Securities of such series shall
be substantially identical except as to denomination, Currency of payments due thereunder, the rate or rates of interest (if any) payable thereon and Stated Maturity and except as may otherwise be provided in or pursuant to such Board Resolution
(subject to Section 303) and set forth in such Officers’ Certificate or in any such indenture supplemental hereto. Not all Securities of any one series need be issued at the same time, and, unless otherwise provided, a series may be
reopened for issuances of additional Securities of such series. If any of the terms of the Securities or Coupons of any series are established by action that is specified in or authorized by one or more Board Resolutions and such action is to be
taken at or prior to the delivery of the Officers’ Certificate setting forth the terms of such series of Securities or the manner in which such terms are to be determined or established, then a copy of an appropriate record of such action(s)
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 such series of Securities or the manner in which such
terms are to be determined or established. 
 SECTION 302. Denominations. 

The Securities of each series shall be issuable in such denominations as shall be specified as contemplated by Section 301. With respect to Securities of
any series denominated in Dollars, in the absence of any such provisions, the Registered Securities of such series, other than Registered Securities issued in global form (which may be of any denomination), shall be issuable in denominations of
$1,000 and any integral multiple thereof and the Bearer Securities of such series, other than the Bearer Securities issued in global form (which may be of any denomination), shall be issuable in a denomination of $5,000. 

SECTION 303. Execution, Authentication, Delivery and Dating. 

The Securities and any Coupons appertaining thereto shall be executed on behalf of the Company by its Chairman, its Vice Chairman, its President or any Vice
President or the Treasurer of the Company. The signature of any of these officers on the Securities or Coupons may be the manual or facsimile signatures of the present or any future such authorized officer and may be imprinted or otherwise
reproduced on the Securities or Coupons. 
 Securities or 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 or Coupons. 
 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 Coupon appertaining thereto, 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 such

  
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Company Order shall authenticate and deliver such Securities; provided, however, that, in connection with its original issuance, no Bearer Security shall be mailed or otherwise
delivered to any location in the United States; and provided, further, that, unless otherwise specified with respect to any series of Securities pursuant to Section 301, a Bearer Security may be delivered in connection with its original
issuance only if the Person entitled to receive such Bearer Security shall have furnished a certificate in the form established pursuant to Section 301 for such purpose, dated no earlier than 15 days prior to the earlier of the date on which
such Bearer Security is delivered and the date on which any temporary Security first becomes exchangeable for such Bearer Security in accordance with the terms of such temporary Security and this Indenture. If any Security shall be represented by a
permanent global Bearer Security, then, for purposes of this Section and Section 304, the notation of a beneficial owner’s interest therein upon original issuance of such Security or upon exchange of a portion of a temporary global
Security shall be deemed to be delivery in connection with its original issuance of such beneficial owner’s interest in such permanent global Security. Except as permitted by Section 306, the Trustee shall not authenticate and deliver any
Bearer Security unless all appurtenant Coupons for interest then matured have been detached and cancelled. If not all the Securities of any series are to be issued at one time and if the Board Resolution or supplemental indenture establishing such
series shall so permit, such Company Order may set forth procedures for the issuance of such Securities and determining terms of particular Securities of such series such as interest rate, maturity date, date of issuance and date from which interest
shall accrue. 
 In authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities, the
Trustee shall be entitled to receive, and (subject to TIA Sections 315(a) through 315(d)) shall be fully protected in relying upon, an Opinion of Counsel substantially to the effect: 

 

	 	(a)	that the form or forms of such Securities and any Coupons have been established in conformity with the provisions of this Indenture; 

 

	 	(b)	that the terms of such Securities and any Coupons have been established in conformity with the provisions of this Indenture; 

  

	 	(c)	that such Securities, together with any Coupons appertaining thereto, when completed by appropriate insertions and executed and delivered by the Company to the Trustee for authentication in accordance with this
Indenture, authenticated and delivered by the Trustee in accordance with this Indenture and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute the legal, valid and binding
obligations of the Company, enforceable in accordance with their terms, subject to (i) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and other similar laws of general applicability relating to or affecting
the enforcement of creditors’ rights, (ii) general equitable principles, (iii) limitations imposed by any requirement that a claim (or a Foreign Currency judgment in respect of such claim) be converted into Dollars at a rate of
exchange prevailing on a date determined pursuant to applicable law or limitations imposed by governmental authority to limit, delay or prohibit the making of payments in a Foreign Currency or payments outside of the United States; and
(iv) such other qualifications as such counsel shall conclude are customary or do not materially affect the rights of Holders of such Securities and the Coupons appertaining thereto (if any); 

  
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	 	(d)	that authentication and delivery of such Securities and any Coupons and the execution and delivery of the supplemental indenture, if any, by the Trustee will not violate the terms of the Indenture; 

 

	 	(e)	that the Company has the corporate power to issue such Securities and any Coupons, and has duly taken all necessary corporate action with respect to such issuance; and 

 

	 	(f)	that the issuance of such Securities and any Coupons will not contravene the certificate of incorporation or by-laws of the Company or result in any violation of any of the terms
or provisions of any law, regulation, or material indenture, mortgage or other agreement known to such Counsel by which the Company is bound. 

Notwithstanding the provisions of Section 301 and of the preceding two paragraphs, if not all the Securities of any series are to be issued at one time,
it shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 301 or the Company Order and Opinion of Counsel otherwise required pursuant to the preceding two paragraphs prior to or at the time of
issuance of each Security, but such documents shall be delivered prior to or at the time of issuance of the first Security of such series. After any such first delivery, any separate request by the Company that the Trustee authenticate Securities of
such series for original issue will be deemed to be a certification by the Company that all conditions precedent provided for in this Indenture relating to authentication and delivery of such Securities continue to have been complied with. 

The Trustee shall not be required to authenticate and deliver any 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. Each Registered Security shall be dated the date of its authentication, and each
Bearer Security shall be dated as of the date specified as contemplated by Section 301. 
 If the Company shall establish pursuant to Section 301
that the Securities of a series are to be issued in whole or in part in the form of one or more global Securities, the Company shall execute and the Trustee shall, in accordance with this Section and the Company Order with respect to such series,
authenticate and deliver one or more global Securities in permanent form that (i) shall represent and shall be denominated in an amount equal to the aggregate principal amount of the Outstanding Securities of such series to be represented by
such global Security or Securities, (ii) shall be registered, if in registered form, in the name of the Depository for such global Security or Securities or the nominee of such Depository, (iii) shall be delivered by the Trustee to such
Depository or pursuant to such Depository’s instruction and (iv) shall bear a legend substantially to the following effect: “Unless and until it is exchanged in whole or in part for Securities in certificated form, this Security may
not be transferred as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository 

  
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or another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of such successor Depository” or to such other effect as the Depository
and the Trustee may agree. 
 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 herein duly executed by the Trustee by manual signature of an authorized signatory, and such certificate upon any Security shall be conclusive
evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder and is entitled to the benefits of this Indenture. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered
hereunder but never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided in Section 309 together with a written statement (which need not comply with Section 102 and need
not be accompanied by an Opinion of Counsel) stating that such Security has never been issued and sold by the Company, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and
shall never be entitled to the benefits of this Indenture. 
 SECTION 304. Temporary Securities. 

Pending the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver,
temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Securities in lieu of which they are issued, 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 executing such Securities may determine, as conclusively evidenced by
their execution of such Securities. Such temporary Securities may be in global form. 
 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 will cause definitive Securities of that series to be prepared without unreasonable delay. After the preparation of
definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series, upon surrender of the temporary Securities of such series at the office or agency of the Company in a Place
of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities of any series (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 the same series of authorized denominations; provided, however, that no definitive Bearer Security, except as provided in or
pursuant to this Indenture, 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 in or pursuant to this Indenture. Unless otherwise provided in or pursuant to this Indenture 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. 

  
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 Without unnecessary delay but in any event not later than the date specified in, or determined pursuant to the
terms of, any such temporary global Security (the “Exchange Date”), the Company shall deliver to the Trustee definitive Securities, in aggregate principal amount equal to the principal amount of such temporary global Security, executed by
the Company. On or after the Exchange Date such temporary global Security shall be surrendered by the Depository to the Trustee, as the Company’s agent for such purpose, to be exchanged, in whole or from time to time in part, for definitive
Securities without charge and the Trustee shall authenticate and deliver, in exchange for each portion of such temporary global Security, an equal aggregate principal amount of definitive Securities of the same series of authorized denominations and
of like tenor as the portion of such temporary global Security to be exchanged. The definitive Securities to be delivered in exchange for any such temporary global Security shall be in bearer form, registered form, permanent global bearer form or
permanent global registered form, or any combination thereof, as specified as contemplated by Section 301, and, if any combination thereof is so specified, as requested by the beneficial owner thereof; provided, however, that,
unless otherwise specified in such temporary global Security, upon such presentation by the Depository, such temporary global Security is accompanied by a certificate dated the Exchange Date or a subsequent date and signed by Euroclear as to the
portion of such temporary global Security held for its account then to be exchanged and a certificate dated the Exchange Date or a subsequent date and signed by Clearstream as to the portion of such temporary global Security held for its account
then to be exchanged, each in the form established pursuant to Section 301; and provided, further, that definitive Bearer Securities shall be delivered in exchange for a portion of a temporary global Security only in compliance with the
requirements of Section 303. 
 Unless otherwise specified in such temporary global Security, the interest of a beneficial owner of Securities of a
series in a temporary global Security shall be exchanged for definitive Securities of the same series and of like tenor following the Exchange Date when the account holder instructs Euroclear or Clearstream, as the case may be, to request such
exchange on his behalf and delivers to Euroclear or Clearstream, as the case may be, a certificate in the form established pursuant to Section 301, dated no earlier than 15 days prior to the Exchange Date, copies of which certificate shall be
available from the offices of Euroclear and Clearstream, the Trustee, any Authenticating Agent appointed for such series of Securities and each Paying Agent. Unless otherwise specified in such temporary global Security, any such exchange shall be
made free of charge to the beneficial owners of such temporary global Security, except that a Person receiving definitive Securities must bear the cost of insurance, postage, transportation and the like in the event that such Person does not take
delivery of such definitive Securities in person at the offices of Euroclear or Clearstream. Definitive Securities in bearer form to be delivered in exchange for any portion of a temporary global Security shall be delivered only outside the United
States. 
 Until exchanged in full as hereinabove provided, the temporary Securities of any series shall in all respects be entitled to the same benefits
under this Indenture as definitive Securities of the same series and of like tenor authenticated and delivered hereunder, except that, unless otherwise specified as contemplated by Section 301, interest payable on a temporary global Security on
an Interest Payment Date for Securities of such series occurring prior to the applicable Exchange Date shall be payable to Euroclear and Clearstream. on such Interest Payment Date upon delivery by Euroclear and Clearstream to the Trustee of a
certificate or certificates in the form established pursuant to Section 301, for credit without further interest on or after such Interest 

  
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Payment Date to the respective accounts of the Persons who are the beneficial owners of such temporary global Security on such Interest Payment Date and who have each delivered to Euroclear or
Clearstream, as the case may be, a certificate dated no earlier than 15 days prior to the Interest Payment Date occurring prior to such Exchange Date in the form established pursuant to Section 301. Notwithstanding anything to the contrary
herein contained, the certifications made pursuant to this paragraph shall satisfy the certification requirements of the preceding two paragraphs of this Section and of the third paragraph of Section 303 of this Indenture and the interests of
the Persons who are the beneficial owners of the temporary global Security with respect to which such certification was made will be exchanged for definitive Securities of the same series and of like tenor on the Exchange Date or the date of
certification if such date occurs after the Exchange Date, without further act or deed by such beneficial owners. Except as otherwise provided in this paragraph, no payments of principal or interest owing with respect to a beneficial interest in a
temporary global Security will be made unless and until such interest in such temporary global Security shall have been exchanged for an interest in a definitive Security. Any interest so received by Euroclear and Clearstream and not paid as herein
provided shall be returned to the Trustee immediately prior to the expiration of two years after such Interest Payment Date in order to be repaid to the Company in accordance with Section 1003. 

SECTION 305. Registration of Transfer and Exchange. 
 The
Company shall cause to be kept at the Corporate Trust Office of the Trustee a register for each series of Securities (the registers maintained in the Corporate Trust Office of the Trustee and in any other office or agency of the Company in a Place
of Payment being herein sometimes collectively referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Registered Securities and of
transfers of Registered Securities. The Security Register shall be in written form or any other form capable of being converted into written form within a reasonable time. At all reasonable times, the Security Register shall be open to inspection by
the Trustee. The Trustee is hereby initially appointed as security registrar (the “Security Registrar”) for the purpose of registering Registered Securities and transfers of Registered Securities as herein provided. 

Upon surrender for registration of transfer of any Registered Security of any series at the office or agency in a Place of Payment for that series, the
Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee, one or more new Registered Securities of the same series, of any authorized denominations and of a like aggregate principal amount and
tenor. 
 At the option of the Holder, Registered Securities of any series may be exchanged for other Registered Securities of the same series, of any
authorized denomination and of a like aggregate principal amount, upon surrender of the Registered Securities to be exchanged at 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. Unless otherwise specified with respect to any series of Securities as contemplated by Section 301, Bearer
Securities may not be issued in exchange for Registered Securities. 

  
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 If (but only if) expressly permitted in or pursuant to the applicable Board Resolution and (subject to
Section 303) set forth in the applicable Officers’ Certificate, or in any indenture supplemental hereto, delivered as contemplated by Section 301, at the option of the Holder, Bearer Securities of any series may be exchanged for
Registered Securities of the same series of any authorized denomination and of a like aggregate principal amount and tenor, upon surrender of the Bearer Securities to be exchanged at any such office or agency, 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 Coupons in default, any such permitted exchange may be effected if the Bearer
Securities are accompanied by payment in funds acceptable to the Company 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 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 a permitted exchange for
a Registered Security of the same 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 proposed date for payment of Defaulted Interest, such Bearer Security shall be surrendered without the Coupon relating to such Interest
Payment Date or proposed date for payment, as the case may be, 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. 

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. 
 Notwithstanding the foregoing, except as otherwise provided in or pursuant to this Indenture, any
permanent global Security shall be exchangeable for definitive Securities only if (i) the Depository is at any time unwilling, unable or ineligible to continue in its capacity as Depository and a successor depositary is not appointed by the
Company within 60 days of the date the Company is so informed 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, provided, that any such exchange
shall be subject to compliance with the Depository’s procedures therefor, or (iii) an Event of Default has occurred and is continuing with respect to the Securities of the same series. If any beneficial owner of an interest in a permanent
global Security is entitled to exchange such interest for Securities of such series and of like tenor and principal amount of another authorized form and denomination, as specified in this paragraph or as contemplated by Section 301 and
provided that any applicable notice provided in the permanent global Security shall have been given, then without unnecessary delay but in any event not later than the earliest 

  
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date on which such interest may be so exchanged, the Company shall deliver to the Trustee definitive Securities in aggregate principal amount equal to the principal amount of such beneficial
owner’s interest in such permanent global Security, executed by the Company. On or after the earliest date on which such interests may be so exchanged, such permanent global Security shall be surrendered by the Depository or such other
depositary 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 from time to time in part, for definitive Securities without charge, and the
Trustee shall authenticate and deliver, in exchange for each portion of such permanent global Security, an equal aggregate principal amount of definitive Securities of the same series of authorized denominations and of like tenor as the portion of
such permanent global Security to be exchanged which, unless the Securities of the series are not issuable both as Bearer Securities and as Registered Securities, 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 to be redeemed and ending on the relevant Redemption Date if the Security for which exchange is requested may be among those selected for redemption; and provided, further, that no Bearer Security delivered in
exchange for a portion of a permanent global Security shall be mailed or otherwise delivered to any location in the United States. If a Registered Security is issued in exchange for any portion of a permanent 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 Defaulted Interest, 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 such Registered Security, but will be payable on such Interest Payment Date or proposed date payment, as the case may be, only to the Person to whom interest in respect of such portion of such permanent global Security is
payable in accordance with the provisions of this Indenture. 
 All Securities issued upon any registration of transfer or exchange of Securities shall be
the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

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

No service charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover
any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 304, 906, 1107 or 1305 not involving any transfer. 

  
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 The Company shall not be required (i) to issue, register the transfer of or exchange 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 that series under Section 1103 or 1203 and ending at the close of business on (A) if Securities of the
series are issuable only as Registered Securities, the date of the mailing of the relevant notice of redemption and (B) if Securities of the series are issuable as Bearer Securities, the date of the first publication of the relevant notice of
redemption or, if Securities of the series are also issuable as Registered Securities and there is no publication, the mailing of the relevant notice of redemption, or (ii) to register the transfer of or exchange any Registered Security so
selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part, or (iii) to exchange any Bearer Security so selected for redemption except that such a Bearer Security may be exchanged for a
Registered Security of that series and like tenor; provided that such Registered Security shall be simultaneously surrendered for redemption, or (iv) to issue, register the transfer of or exchange any Security which has been surrendered
for repayment at the option of the Holder, except the portion, if any, of such Security not to be so repaid. 
 SECTION 306. 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, the Company shall
execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding, with Coupons corresponding to the Coupons,
if any, appertaining to the surrendered Security, or, in case any such mutilated 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, with Coupons corresponding to
the Coupons, if any, appertaining to the surrendered Security, pay such Security or Coupon. 
 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 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 Company Order the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost
or stolen Security or in exchange for the Security for which a destroyed, lost or stolen Coupon appertains (with all appurtenant Coupons not destroyed, lost or stolen), a new Security of the same series and of like tenor and 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, or, in case
any such 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, 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, pay such Security or Coupon. 
 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 of any series with its Coupons, if any, issued pursuant to this Section in lieu of any
destroyed, lost or stolen Security or in exchange for a Security to which a destroyed, lost or stolen Coupon appertains, shall constitute an original additional contractual 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, duly issued hereunder. 
 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 307. Payment of
Interest; Interest Rights Preserved; Optional Interest Reset. 
 (a) Unless otherwise provided as contemplated by Section 301 with respect to any
series of Securities, interest on any Registered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name such Security (or one or more Predecessor Securities) is
registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 1002; provided, however, that each installment of interest on
any Registered Security may at the Company’s option be paid by mailing a check for such interest, payable to or upon the written order of the Person entitled thereto pursuant to Section 310, to the address of such Person as it appears on
the Security Register; provided, further, however, that a Holder of $10,000,000 or more in aggregate principal amount of Securities (whether having identical or different terms and provisions) will be entitled to receive
interest payments on such Interest Payment Date by wire transfer of immediately available funds to an account in the United States if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 calendar days
prior to such Interest Payment Date, and any such wire transfer instructions received by the Trustee shall remain in effect until revoked by such Holder. 

Unless otherwise provided as contemplated by Section 301 with respect to the Securities of any series, payment of interest may be made, in the case of a
Bearer Security, by transfer to an account maintained by the payee with a bank located outside the United States. Unless otherwise provided in or pursuant to this Indenture, in case a Bearer Security is surrendered in exchange for a Registered
Security after the close of business at an office or agency for such Security on any Regular Record Date therefor and before the opening of business at such office or agency on the next succeeding Interest Payment Date therefor, such Bearer Security
shall be surrendered without the Coupon relating to such Interest Payment Date and interest shall not be payable on such Interest Payment Date in respect of the Registered Security issued in exchange for such Bearer Security, but shall be payable
only to the Holder of such Coupon when due in accordance with the provisions of this Indenture. 

  
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 Any interest on any Registered Security of any series which is payable, but is not punctually paid or duly
provided for, on any Interest Payment Date 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 and, if applicable, interest on such defaulted
interest (to the extent lawful) at the rate specified in the Securities of such series (such defaulted interest and, if applicable, interest thereon herein collectively called “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 of such series (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 Registered Security of
such series and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to
Section 301 for the Securities of such series) 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, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted
Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the
Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be given in the manner provided in
Section 106, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so given, such Defaulted Interest shall be paid to the Persons in
whose name the Registered Securities of such series (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 for such Security 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 shall not be payable on
such proposed date of payment in respect of the Registered Security issued in exchange for such Bearer Security, but shall be payable only to the Holder of such Coupon when due in accordance with the provisions of this Indenture. 

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

 (b) The provisions of this Section 307(b) may be made applicable to any series of Securities pursuant to Section 301 (with such
modifications, additions or substitutions as may be specified pursuant to such Section 301). The interest rate (or the spread or spread multiplier used to calculate such interest rate, if applicable) on any Security of such series may be reset
by the Company on the date or dates specified on the face of such Security (each an “Optional Reset Date”). The Company may exercise such option with respect to such Security by notifying the Trustee of such exercise at least 55 but not
more than 60 days prior to an Optional Reset Date for such Note. Not later than 40 days prior to each Optional Reset Date, the Trustee shall transmit, in the manner provided for in Section 106, to the Holder of any such Security a notice (the
“Reset Notice”) indicating whether the Company has elected to reset the interest rate (or the spread or spread multiplier used to calculate such interest rate, if applicable), and if so (i) such new interest rate (or such new spread
or spread multiplier, if applicable) and (ii) the provisions, if any, for redemption during the period from such Optional Reset Date to the next Optional Reset Date or if there is no such next Optional Reset Date, to the Stated Maturity Date of
such Security (each such period a “Subsequent Interest Period”), including the date or dates on which or the period or periods during which and the price or prices at which such redemption may occur during the Subsequent Interest Period.

 Notwithstanding the foregoing, not later than 20 days prior to the Optional Reset Date, the Company may, at its option, revoke the interest rate (or the
spread or spread multiplier used to calculate such interest rate, if applicable) provided for in the Reset Notice and establish an interest rate (or a spread or spread multiplier used to calculate such interest rate, if applicable) that is higher
than the interest rate (or the spread or spread multiplier, if applicable) provided for in the Reset Notice, for the Subsequent Interest Period by causing the Trustee to transmit, in the manner provided for in Section 106, notice of such higher
interest rate (or such higher spread or spread multiplier, if applicable) to the Holder of such Security. Such notice shall be irrevocable. All Securities with respect to which the interest rate (or the spread or spread multiplier used to calculate
such interest rate, if applicable) is reset on an Optional Reset Date, and with respect to which the Holders of such Securities have not tendered such Securities for repayment (or have validly revoked any such tender) pursuant to the next succeeding
paragraph, will bear such higher interest rate (or such higher spread or spread multiplier, if applicable). 
 The Holder of any such Security will have the
option to elect repayment by the Company of the principal of such Security on each Optional Reset Date at a price equal to the principal amount thereof plus interest accrued to such Optional Reset Date. In order to obtain repayment on an Optional
Reset Date, the Holder must follow the procedures set forth in Article Thirteen for repayment at the option of Holders except that the period for delivery or notification to the Trustee shall be at least 25 but not more than 35 days prior to such
Optional Reset Date and except that, if the Holder has tendered any Security for repayment pursuant to the Reset Notice, the Holder may, by written notice to the Trustee, revoke such tender or repayment until the close of business on the tenth day
before such Optional Reset Date. 

  
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 SECTION 308. 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, on) and (subject to Sections 305 and 307) interest on such Security
and for all other purposes whatsoever, whether or not such Security be overdue, and none of the Company, the Trustee or any agent of the Company or the Trustee shall be affected by notice to the contrary. 

Title to any Bearer Security and any Coupons appertaining thereto shall pass by delivery. 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 such
Security or Coupons be overdue, and none of the Company, the Trustee or any agent of the Company or the Trustee shall be affected by notice to the contrary. 

None of the Company, the Trustee, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating
to or payments made on account of beneficial ownership interests of a Security in global form or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. 

Notwithstanding the foregoing, with respect to any global Security, nothing herein shall prevent the Company, the Trustee, or any agent of the Company or the
Trustee, from giving effect to any written certification, proxy or other authorization furnished by any Depository, as a Holder, with respect to such global Security or impair, as between such Depository and owners of beneficial interests in such
global Security, the operation of customary practices governing the exercise of the rights of such Depository (or its nominee) as Holder of such global Security. 

SECTION 309. Cancellation. 
 All Securities and Coupons
surrendered for payment, redemption, repayment at the option of the Holder, registration of transfer or exchange or for credit against any current or future sinking fund payment shall, if surrendered to any Person other than the Trustee, be
delivered to the Trustee. All Securities and Coupons so delivered to the Trustee shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder
which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and
sold, and all Securities so delivered shall be promptly cancelled by the Trustee. If the Company shall so acquire any of the Securities, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by
such Securities unless and until the same are surrendered to the Trustee for cancellation. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section,

  
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except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of by the Trustee in accordance with its customary procedures and certification of
their disposal delivered to the Company unless by Company Order the Company shall direct that cancelled Securities be returned to it. 
 SECTION 310.
Computation of Interest. 
 Except as otherwise specified as contemplated by Section 301 with respect to any Securities, interest, if any, on the
Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months. 

SECTION 311. Securities in Foreign Currencies. 
 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 Dollars shall be treated for any such action or distribution as
that amount of 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 312. Appointment and Resignation of Successor Exchange Rate Agent. 

(a) Unless otherwise specified pursuant to Section 301, if and so long as the Securities of any series (i) are denominated in a Currency other than
Dollars or (ii) may be payable in a Currency other than Dollars, or so long as it is required under any other provision of this Indenture, then the Company will maintain with respect to each such series of Securities, or as so required, at
least one Exchange Rate Agent. The Company will cause the Exchange Rate Agent to make the necessary foreign exchange determinations at the time and in the manner specified pursuant to Section 301. Subject to Section 312(b) below, any
Exchange Rate Agent may be removed at any time without cause by the Company. 
 (b) No resignation, or removal, of the Exchange Rate Agent and no
appointment of a successor Exchange Rate Agent pursuant to this Section shall become effective until the acceptance of appointment by the successor Exchange Rate Agent as evidenced by a written instrument delivered to the Company and the Trustee.

 (c) If the Exchange Rate Agent shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of the Exchange Rate
Agent for any cause with respect to the Securities of one or more series, the Company, by or pursuant to a Board Resolution, shall promptly appoint a successor Exchange Rate Agent or Exchange Rate Agents with respect to the Securities of that or
those series (it being understood that any such successor Exchange Rate Agent may be appointed with respect to the Securities of one or more or all of such series and that, unless otherwise specified pursuant to Section 301, at any time there
shall only be one 

  
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Exchange Rate Agent with respect to the Securities of any particular series that are originally issued by the Company on the same date and that are initially denominated and/or payable in the
same Currency). 
 SECTION 313. CUSIP, CINS and ISIN Numbers. 

The Company in issuing the Securities may use “CUSIP,” “CINS,” “ISIN” and other reference numbers (if then generally in use),
and, if so, the Trustee shall use “CUSIP,” “CINS,” “ISIN” and other such reference 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 changes in the “CUSIP,” “CINS,” “ISIN” or the other such reference numbers. 

ARTICLE FOUR 
 SATISFACTION AND
DISCHARGE 
 SECTION 401. Satisfaction and Discharge of Indenture. 

This Indenture shall upon Company Request cease to be of further effect with respect to any series of Securities specified in such Company Request (except as
to any surviving rights of registration of transfer or exchange of Securities of such series herein expressly provided for and the obligation of the Company to pay any Additional Amounts as contemplated by Section 1005) and the Trustee, 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, if any, appertaining thereto (other than (i) Coupons appertaining to Bearer Securities surrendered in exchange for Registered
Securities and maturing after such exchange, whose surrender is not required or has been waived as provided in Section 305, (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 306, (iii) Coupons appertaining to Securities called for redemption and maturing after the relevant Redemption Date, whose surrender has been waived as provided in Section 1106, and (iv) Securities
and Coupons of such series for whose payment money has theretofore been deposited in trust with the Trustee or any Paying Agent 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 

  
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	 	(B)	all such Securities of such series and, in the case of (i) or (ii) below, any 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, or 

  

	 	(iii)	if redeemable at the option of the Company, are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the
expense, of the Company, 

 and the Company, in the case of (i), (ii) or (iii) above, has irrevocably deposited or
caused to be deposited with the Trustee as trust funds in trust for such purpose an amount in the Currency 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 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. 

 Notwithstanding the satisfaction and discharge of this Indenture, the obligations of
the Company to the Trustee under Section 607 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. 
 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 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 interest 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. 

  
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 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 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 on any Security of that series, or any related Coupon, when such interest or Coupon becomes due and payable, and continuance of such default for a period of 30 days; or

  

	 	(2)	default in the payment of the principal of (or premium, if any, on) any Security of that series at its Maturity; or 

  

	 	(3)	default in the deposit of any sinking fund payment, when and as due by the terms of the Securities of that series and Article 12; or 

 

	 	(4)	default in the performance, or breach, of any covenant or agreement of the Company in this Indenture or the Securities of that series which affects or is applicable to the Securities of that series (other than a default
in the performance, or breach of a covenant or agreement which is specifically dealt with elsewhere in this Section or which has expressly been included in this Indenture solely for the benefit of one or more series of Securities other than that
series), and continuance of such default or breach for a period of 60 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal
amount of all Outstanding Securities of that series a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or 

 

	 	(5)	the entry of a decree or order by a court having jurisdiction in the premises adjudging the Company or a Principal Subsidiary a bankrupt or insolvent, or approving as properly filed a petition seeking reorganization,
arrangement, adjustment or composition of or in respect of the Company or a Principal Subsidiary under the Federal Bankruptcy Code or any similar state law, or appointing a receiver, liquidator, assignee, trustee, sequestrator (or other similar
official) of the Company or a Principal Subsidiary or of any substantial part of the consolidated property of the Company, or ordering the winding up or liquidation of the Company’s affairs, and the continuance of any such decree or order
unstayed and in effect for a period of 60 consecutive days; or 

  

	 	(6)	 the institution by the Company or a Principal Subsidiary of proceedings to be adjudicated a bankrupt or insolvent, or the written consent by the
Company or a Principal Subsidiary to the institution of bankruptcy or insolvency proceedings 

  
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against it, or the filing by the Company or a Principal Subsidiary of a petition or answer or consent seeking reorganization or relief under the Federal Bankruptcy Code or any similar state law,
or the written consent by the Company or a Principal Subsidiary to the filing of any such petition or to the appointment of a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Company or a Principal Subsidiary
or of any substantial part of the consolidated property of the Company, or the making by the Company or a Principal Subsidiary of an assignment for the benefit of creditors, or the admission by the Company or a Principal Subsidiary in writing of its
inability to pay its debts generally as they become due; or 

  

	 	(7)	an event of default as defined in any mortgage, indenture or instrument under which there may be issued, or by which there may be secured or evidenced, any indebtedness of the Company or any Principal Subsidiary for
money borrowed, whether such indebtedness now exists or shall hereafter be created, shall happen and shall result in such indebtedness in principal amount in excess of $75,000,000 becoming or being declared due and payable prior to the date on which
it would otherwise become due and payable, and such acceleration shall not be rescinded or annulled, or such indebtedness shall not have been discharged, within a period of 30 days after there shall have been given, by registered or certified mail,
to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of such series, a written notice specifying such event of default and requiring the Company to cause
such acceleration to be rescinded or annulled or to cause such indebtedness to be discharged and stating that such notice is a “Notice of Default” hereunder; or 

 

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

 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
(other than an Event of Default specified in Section 501(5) or (6)), then in every such case the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount (or,
if the Securities of that series are Original Issue Discount Securities or Indexed Securities, such portion of the principal amount as may be specified in the terms of that series) of all of 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), and upon any such declaration such amount shall become immediately due and payable. If an Event of Default specified in Section 501(5) or (6) with
respect to the Securities of any series at the time Outstanding occurs and is continuing, then in every such case the principal amount (or, if the Securities of that series are Original Issue Discount Securities or Indexed Securities, such portion
of the principal amount as may be specified in the terms of that series) of all of the Securities of that series shall become and be immediately due and payable without any declaration or other action on the part of the Trustee or any Holder. 

  
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 At any time after a declaration of acceleration with respect to Securities of any series (or of all series, as
the case may be) has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter provided in this Article, the Holders of a majority in principal amount of the Outstanding Securities of that
series (or of all series, as the case may be), 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 in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the
Securities of such series), 

  

	 	(A)	all overdue interest on all Outstanding Securities of that series (or of all series, as the case may be) and any related Coupons, 

  

	 	(B)	all unpaid principal of (and premium, if any, on) any Outstanding Securities of that series (or of all series, as the case may be) which has become due otherwise than by such declaration of acceleration, and interest on
such unpaid principal at the rate or rates prescribed therefor in such Securities, 

  

	 	(C)	to the extent lawful, interest on overdue interest at the rate or rates prescribed therefor in such Securities, and 

  

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

 

	 	(2)	all Events of Default with respect to Securities of that series (or of all series, as the case may be), other than the non-payment of amounts of principal of (or premium, if any, on) or interest on Securities of that
series (or of all series, as the case may be) which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 513. 

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

SECTION 503. Collection of Indebtedness and Suits for Enforcement by Trustee. 

The Company covenants that if: 
  

	 	(1)	default is made in the payment of any installment of interest on any Security and any related Coupon 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 (or premium, if any, on) any Security at the Maturity thereof, 

then the Company will, upon demand of the Trustee, pay to the Trustee for the benefit of the Holders of all Securities which are of the same series as such
Security and related Coupons, the 

  
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whole amount then due and payable on such Securities and Coupons for principal (and premium, if any) and interest, and interest on any overdue principal (and premium, if any) and, to the extent
lawful, on any overdue interest, at the rate or rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel. 
 If the Company fails to pay such amounts forthwith upon such demand, the
Trustee, in its own name as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, 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 (or of all series, as the case may be) 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 (or of all series, as the case may be) 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 overdue principal, premium, if any, or 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), or such portion of the principal amount of any series of Original Issue Discount Securities or Indexed Securities as may be specified in
the terms of such series, and interest owing and unpaid in respect of the Securities 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 and counsel) and of the Holders allowed in such judicial proceeding, and 

  

	 	(ii)	to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same; 

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by
each Holder to make such payments to the 

  
 -41- 

 
Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607. 
 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. 
 SECTION 505. Trustee May Enforce Claims Without Possession of
Securities. 
 All rights of action and claims under this Indenture or 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 of
judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities and Coupons 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 (or premium, if any) or interest, 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 under Section 607;
		
	Second:	  	To the payment of the amounts then due and unpaid for principal of (and premium, if any, on) and interest on the Securities and Coupons in respect of which or for the benefit of which such money has been collected, ratably, without
preference or priority of any kind, according to the amounts due and payable on such Securities and Coupons for principal (and premium, if any) and interest, respectively; and
		
	Third:	  	The balance, if any, to the Person or Persons entitled thereto.

 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 that series; 

  
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	 	(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 reasonable indemnity against the costs, expenses and liabilities (including the fees and expenses of its counsel) 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 of, any provision of this Indenture or any Security to affect, disturb or prejudice the rights of any other Holder of Securities of any other series 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 Holders of Securities of the same series. 

SECTION 508. Unconditional Right of Holders to Receive Principal, Premium and Interest. 

Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive
payment, as provided herein (including, if applicable, Article Fourteen) and in such Security, of the principal of (and premium, if any, on) and (subject to Section 307) interest on, such Security or payment of such Coupon on the respective
Stated Maturities expressed in such Security or Coupon (or, in the case of redemption, on the Redemption Date or, in the case of repayment, on the Repayment Date) and to institute suit for the enforcement of any such payment, and such rights shall
not be impaired without the consent of such Holder. 
 SECTION 509. Restoration of Rights and Remedies. 

If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or
abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Company, the Trustee and the Holders of Securities and Coupons shall be
restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted. 

SECTION 510. Rights and Remedies Cumulative. 
 Except as
otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities or Coupons in the last paragraph of Section 306, no right or 

  
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remedy herein conferred upon or reserved to the Trustee or to the Holders of Securities or Coupons is intended to be exclusive of any other right or remedy, and every right and remedy shall, to
the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise,
shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 
 SECTION 511. Delay or Omission Not Waiver. 

No delay or omission of the Trustee or of any Holder of any 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 may be exercised from time to time, and as often as may
be deemed expedient, by the Trustee or by the Holders, as the case may be. 
 SECTION 512. Control by Holders. 

With respect to the Securities of any series, the Holders of not less than a majority in principal amount of the Outstanding Securities of such 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 in each case 
  

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

  

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

  

	 	(3)	the Trustee need not take any action which might involve it in personal liability or be unjustly prejudicial to the Holders of Securities of such series not consenting. 

SECTION 513. Waiver of Past Defaults. 
 Subject to
Section 502, 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 waive any past default with respect to such series and its
consequences, except a default 
  

	 	(1)	in respect of the payment of the principal of (or premium, if any, on) or interest on any Security of such series or any related Coupon, 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, any 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 Event of Default or impair any right consequent thereon. 

  
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 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. 
 ARTICLE SIX 

THE TRUSTEE 
 SECTION 601. Duties of Trustee. 

(a) If an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and use the
same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of his own affairs. 
 (b)
Except during the continuance of an Event of Default: 
  

	 	(1)	The Trustee need perform only those duties as are specifically set forth in this Indenture and no others, and no covenants or obligations shall be implied in or read into this Indenture against the Trustee.

  

	 	(2)	In the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee
and conforming to the requirements of this Indenture, but in the case of any such certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the
certificates and opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 

(c) Notwithstanding anything to the contrary contained herein, the Trustee may not be relieved from liability for its own negligent action, its own negligent
failure to act, or its own willful misconduct, except that: 
  

	 	(1)	This paragraph does not limit the effect of paragraph (b) of this Section 601. 

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

 

	 	(3)	The Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a direction received from the Holders of a majority in principal amount of the Outstanding Securities
of any series pursuant to Section 512 relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to
the Securities of such series. 

  

	 	(4)	No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or in the exercise of any of its
rights or powers, if it shall have reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and (c) of this Section 601 and
to the provisions of the Trust Indenture Act. 
 SECTION 602. 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 in the manner and to the
extent provided in TIA Section 313(c), notice of such Default hereunder actually known to the Trustee, unless such Default shall have been cured or waived; provided, however, that, except in the case of a Default in the payment of
the principal of (or premium, if any, on) or interest on 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 one or more Responsible Officers of the Trustee in good faith determine that the withholding of such notice is in the interest of the Holders of Securities of such series and any related Coupons; and provided, further, that in
the case of any Default of the character specified in Section 501(4) with respect to Securities of such series, no such notice to Holders shall be given until at least 30 days after the occurrence thereof. 

SECTION 603. Certain Rights of Trustee. 
 Subject to
Section 601: 
  

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

  
 -46- 

	 	(2)	any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order and any resolution of the Board of Directors may be sufficiently evidenced by a Board
Resolution; 

  

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

 

	 	(4)	the Trustee may consult with counsel and the written 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 related Coupons
pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity reasonably acceptable to the Trustee in its sole discretion against the costs, expenses and liabilities which might be incurred by it in
compliance with such request or direction; 

  

	 	(6)	the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond,
debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make
such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney; 

  

	 	(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 (or for the supervision of) any agent or attorney appointed with due care by it hereunder; 

  

	 	(8)	the Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and 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 hereunder 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 or Event of Default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references the Securities and this Indenture; 

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

  

	 	(11)	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; 

  

	 	(12)	The Trustee may request that the Company deliver an Officers’ Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this
Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized in any such certificate previously delivered and not superseded; and

  

	 	(13)	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.

 SECTION 604. Trustee Not Responsible for Recitals or Issuance of Securities. 

The recitals contained herein and in the Securities, except for the Trustee’s certificates of authentication, and in any Coupons shall be taken as the
statements of the Company, and neither the Trustee nor any Authenticating Agent assumes any 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 on Form T-1 supplied to the Company are true and accurate, subject to the qualifications set forth therein. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of
Securities or the proceeds thereof. 
 SECTION 605. May Hold Securities. 

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

  
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 SECTION 606. Money Held in Trust. 

Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no
liability for interest on any money received by it hereunder except as otherwise agreed with the Company. 
 SECTION 607. Compensation and Reimbursement.

 The Company agrees: 
  

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

  

	 	(2)	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 expenses and disbursements of its agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence or willful misconduct; and 

 

	 	(3)	to indemnify the Trustee and its directors, officers, agents, attorneys and employees for, and to hold each of them harmless against, any loss, liability or expense incurred without negligence or bad faith on its part,
arising out of or in connection with the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending itself against any claim or liability in connection with the exercise or performance of any of its
powers or duties hereunder; provided, however, that: (i) while maintaining absolute control over its own defense, the Trustee shall cooperate and consult with the Company in preparing such defense; and (ii) while maintaining
absolute control over its rights to the settlement of any claim, the Trustee shall consult with the Company with regard to any such settlement. 

The obligations of the Company under this Section to compensate the Trustee, to pay or reimburse the Trustee for expenses, disbursements and advances and to
indemnify and hold harmless the Trustee shall constitute additional indebtedness hereunder and shall survive the satisfaction and discharge of this Indenture and the resignation or removal of the Trustee. As security for the performance of such
obligations of the Company, the Trustee shall have a claim prior to the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the payment of principal of (and premium, if any, on) or interest
on particular Securities or any Coupons. 

  
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 SECTION 608. Corporate Trustee Required; Eligibility; Disqualification. 

There shall at all times be a Trustee hereunder which shall be eligible to act as Trustee under TIA Sections 310(a)(1) and 310(a)(5) and shall have a combined
capital and surplus of at least $50,000,000. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of Federal, State, territorial or District of Columbia supervising or examining authority, then
for the purposes of this Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee shall cease to
be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article. The Trustee shall comply with TIA Section 310(b), subject to its right to apply
for a stay of its duty to resign under the penultimate paragraph of TIA Section 310(b); provided, however, that there shall be excluded from the operation of TIA Section 310(b)(1) the Indenture dated as of November 1,
1995 between the Company and the Trustee and any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Company are outstanding if the requirements for such exclusion set forth in
TIA Section 310(b)(1) are met. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series. 

SECTION 609. 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 in accordance with the applicable requirements of Section 610. 
 (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 610 shall not have been delivered to the Trustee within 30 days after
the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series and the costs of such petition shall be paid by
the Company. 
 (c) The Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of not less than a majority in
principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company. 
 (d) If at any time: 

 

	 	(1)	the Trustee shall fail to comply with the obligations imposed upon it by the provisions of TIA Section 310(b) with respect to Securities of any series after written request therefor by the Company or by any Holder
of a Security of such series who has been a bona fide Holder of a Security of such series for at least six months, or 

  

	 	(2)	 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, 

  
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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 the Securities of such series, or (ii) subject to
TIA Section 315(e), any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the 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 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). 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, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee appointed by the Company. If no successor trustee with respect to the Securities of any series shall
have been so appointed by the Company or the Holders and accepted appointment in the manner hereinafter provided, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of himself and all
others similarly situated, petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 

(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 to the Holders of Securities of such series in the manner provided for in Section 106. Each notice shall include the name of the successor Trustee with respect to the Securities of
such series and the address of its Corporate Trust Office. 
 SECTION 610. 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 to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act,
deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and
deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee
hereunder. 

  
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 (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 and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts
hereunder administered by any other such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor
Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor
Trustee relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates. Whenever there is a successor Trustee with respect to one or more (but less than all) series of securities issued pursuant to this Indenture, the terms
“Indenture” and “Securities” shall have the meanings specified in the provisos to the respective definitions of those terms in Section 101 which contemplate such situation. 

(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 rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be. 
 (d) No Person
shall accept its appointment hereunder as a successor Trustee unless at the time of such acceptance such successor Person shall be qualified and eligible under this Article. 

SECTION 611. Merger, Conversion, Consolidation or Succession to Business. 

Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger,
conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation
shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the
Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such

  
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successor Trustee had itself authenticated such Securities; and in case at that time any of the Securities shall not have been authenticated, any successor Trustee may authenticate such
Securities either in the name of any predecessor hereunder or in the name of the successor Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Securities or in this Indenture provided that the
certificate of the Trustee shall have; provided, however, that the right to adopt the certificate of authentication of any predecessor Trustee or to authenticate Securities in the name of any predecessor Trustee shall apply only to its
successor or successors by merger, conversion or consolidation. 
 SECTION 612. Appointment of Authenticating Agent. 

At any time when any of the Securities remain Outstanding, the Trustee may appoint an Authenticating Agent or Agents with respect to one or more series of
Securities which shall be authorized to act on behalf of the Trustee to authenticate Securities of such series and the Trustee shall give written notice of such appointment to all Holders of Securities of the series with respect to which such
Authenticating Agent will serve, in the manner provided for in Section 106. 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. Any such appointment shall be evidenced by an instrument in writing signed by a Responsible Officer of the Trustee, and a copy of such instrument shall be promptly furnished to the Company. 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 shall at all times be a corporation organized and doing business under the laws of the
United States of America, any state thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by
federal or state authority. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section, the combined capital and
surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions
of this Section, it shall resign immediately in the manner and with the effect specified in this Section. 
 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
to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon 

  
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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 give written notice of such appointment to all Holders of Securities of the series with respect to which such Authenticating Agent will
serve, in the manner provided for in Section 106. 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 to each Authenticating Agent from time to time reasonable compensation for its services under this Section. 

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
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 therein referred to in the within-mentioned Indenture. 
  

			
	U.S. Bank National Association, as Trustee
		
	By:	 	  

		 	Authenticating Agent
		
	By:	 	  

		 	Authorized Officer

 SECTION 613. Preferential Collection of Claims Against Company. 

If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the
provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). 
 ARTICLE SEVEN

 HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY 

SECTION 701. Disclosure of Names and Addresses of Holders; Company to Furnish Trustee Names and Addresses of Holders. 

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

	 	(1)	semi-annually, not more than 15 days after each Regular Record Date, a list for each series of Registered Securities, 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 the Regular Record Date, and 

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

 excluding from any such list names and addresses received by the Trustee in its capacity as Security
Registrar. 
 Every Holder of Securities or Coupons, by receiving and holding the same, agrees with the Company and the Trustee that none of the Company or
the Trustee or any agent of either of them shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders in accordance with TIA Section 312, 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 TIA Section 312(b). The Trustee shall comply with all obligations imposed upon it pursuant to TIA
Section 312. 
 SECTION 702. Reports by Trustee. 
 Within
60 days after September 15 of each year commencing with the first September 15 after the first issuance of Securities pursuant to this Indenture, the Trustee shall transmit to the Holders of Securities, in the manner and to the extent
provided in TIA Section 313(c), a brief report dated as of such September 15 if required by TIA Section 313(a). 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 the Securities are listed, with the Commission and with the Company. The Company will notify the Trustee when the Securities are listed on any stock exchange. 

SECTION 703. Reports by Company. 
 The Company shall: 

 

	 	(1)	file with the Trustee, within 15 days after the Company is required to file the same with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of
any of the foregoing as the Commission may from time to time by rules and regulations prescribe) which the Company may be required to file with the Commission pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934;
or, if the Company is not required to file information, documents or reports pursuant to either of such Sections, then it shall file with the Trustee and the Commission, in accordance with rules and regulations prescribed from time to time by the
Commission, such of the supplementary and periodic information, documents and reports which may be required pursuant to Section 13 of the Securities Exchange Act of 1934 in respect of a security listed and registered on a national securities
exchange as may be prescribed from time to time in such rules and regulations; 

  

	 	(2)	file with the Trustee and the Commission, in accordance with rules and regulations prescribed from time to time by the Commission, such additional information, documents and reports with respect to compliance by the
Company with the conditions and covenants of this Indenture as may be required from time to time by such rules and regulations; and 

  
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	 	(3)	transmit to all Holders, in the manner and to the extent provided in TIA Section 313(c), within 30 days after the filing thereof with the Trustee, such summaries of any information, documents and reports required
to be filed by the Company pursuant to paragraphs (1) and (2) of this Section as may be required by rules and regulations prescribed from time to time by 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, CONVEYANCE, TRANSFER OR LEASE 

SECTION 801. 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 all or substantially all of the property and assets of the
Company and its Subsidiaries on a consolidated basis, to any Person, unless: 
  

	 	(1)	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, all or substantially all of the properties and assets of the
Company and its Subsidiaries on a consolidated basis (A) shall be a corporation, limited liability company, partnership or trust organized and validly existing under the laws of the United States of America, any state thereof or the District of
Columbia and (B) shall expressly assume, by an indenture supplemental hereto, executed by the successor Person and delivered to the Trustee, in form satisfactory to the Trustee, the Company’s obligation for the due and punctual payment of
the principal of (and premium, if any, on) and interest on all the Securities and the performance and observance 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 Default or Event of Default shall have occurred and be continuing; and 

  

	 	(3)	the Company or such successor Person shall have 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. 

This Section shall only apply to a merger or consolidation in which the Company is not the surviving corporation and to conveyances, leases and transfers by
the Company as transferor or lessor. 

  
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 SECTION 802. Successor Person Substituted. 

Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, transfer or lease of the properties and
assets of the Company and its Subsidiaries on a consolidated basis 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 in the event of any such
conveyance or transfer, the Company (which term shall for this purpose mean the Person named as the “Company” in the first paragraph of this Indenture or any successor Person which shall theretofore become such in the manner described in
Section 801), except in the case of a lease, shall be discharged of all obligations and covenants under this Indenture and the Securities and the Coupons and may be dissolved and liquidated 

SECTION 803. Assignment of Rights. 
 The Company will have the
right at all times to assign any of its respective rights or obligations under this Indenture to a direct or indirect wholly-owned Subsidiary of the Company; provided, that in the event of any such assignment, the Company will remain liable
for all of its respective obligations. Subject to Section 610, the foregoing provisions of this Section 803, and Section 802, this Indenture may not otherwise be assigned by the parties hereto. This Indenture will be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns. 
 ARTICLE NINE 

SUPPLEMENTAL INDENTURES 
 SECTION 901.
Supplemental Indentures Without Consent of Holders. 
 Without the consent of any Holders, the Company, when authorized by or pursuant to 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, 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 contained 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 any related Coupons (and if such covenants are to be for the benefit of less than all series of Securities,
stating that such covenants are 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 any additional Events of Default (and if such Events of Default are to be for the benefit of less than all series of Securities, stating that such Events of Default are being included solely for the benefit of
such series); or 

  
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	 	(4)	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 of or any premium or
interest on Bearer Securities, to permit Bearer Securities to be issued in exchange for Registered Securities, to permit Bearer Securities to be issued in exchange for Bearer Securities of other authorized denominations or to permit or facilitate
the issuance of Securities in uncertificated form; provided that any such action shall not adversely affect the interests of the Holders of Securities of any series or any related Coupons in any material respect; or 

 

	 	(5)	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 

  

	 	(6)	to secure the Securities; or 

  

	 	(7)	to establish the form or terms of Securities of any series as contemplated by Sections 201 and 301; 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 610(b); or 

 

	 	(9)	to close this Indenture with respect to the authentication and delivery of additional series of Securities; 

  

	 	(10)	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 or to amend or supplement any provision contained herein or in any supplemental indenture; provided that any such action pursuant to this clause (10) shall not adversely affect the interests of the Holders of
Securities of any series and any related Coupons in any material respect; or 

  

	 	(11)	to supplement any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the defeasance and discharge of any series of Securities pursuant to Sections 401, 1402 and 1403;
provided that any such action shall not adversely affect the interests of the Holders of Securities of such series and any related Coupons or the Holders of Securities of any other series in any material respect. 

SECTION 902. Supplemental Indentures with Consent of Holders. 

With the consent of the Holders of not less than a majority in principal amount of all Outstanding Securities of any series affected by such supplemental
indenture, by Act of said Holders 

  
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delivered to the Company and the Trustee, the Company, when authorized by or pursuant to 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 which affect such series of Securities 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 of such series affected thereby: 

 

	 	(1)	change the Stated Maturity of the principal of, or any installment of interest on, any Security of such series, or reduce the principal amount thereof or the rate of interest thereon or any premium payable upon the
redemption thereof, or change any obligation of the Company to pay Additional Amounts contemplated by Section 1005 (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 or an Indexed Security of such series that would be due and payable upon acceleration of the Maturity thereof pursuant to Section 502 or the amount thereof provable in bankruptcy pursuant to Section 504, or
change the redemption provisions of any Security of such series in a manner adverse to the interests of the Holder of such Security, or adversely affect any right of repayment at the option of any Holder of any Security of such series, or change any
Place of Payment where, or the Currency in which, any Security of such series or any premium 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 or repayment at the option of the Holder, on or after the Redemption Date or Repayment Date, as the case may be), or 

  

	 	(2)	reduce the percentage in principal amount of the Outstanding Securities of such series required for any such supplemental indenture, for any waiver of compliance with certain provisions of this Indenture which affect
such series or certain defaults applicable to such series hereunder and their consequences provided for in this Indenture, or reduce the requirements of Section 1504 for quorum or voting with respect to Securities of such series, or

  

	 	(3)	modify any of the provisions of this Section, Section 513 or Section 1008, except to increase any such percentage or to provide that certain other provisions of this Indenture which affect such series cannot
be modified or waived without the consent of the Holder of each Outstanding Security of such series. 

 Any such supplemental indenture adding
any provisions to or changing in any manner or eliminating any of the provisions of this Indenture, or modifying in any manner the rights of the Holders of Securities of such series, shall not affect the rights under this Indenture of the Holders of
Securities of any other series. 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. 

  
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 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 903. Execution of Supplemental
Indentures. 
 In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications
thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and 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. The Trustee may, but shall not be obligated to, enter into any such supplemental indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 

SECTION 904. Effect of Supplemental Indentures. 
 Upon the
execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or
thereafter authenticated and delivered hereunder shall be bound thereby. 
 SECTION 905. Conformity with Trust Indenture Act. 

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

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. Notice of Supplemental Indentures. 
 Promptly after
the execution by the Company and the Trustee of any supplemental indenture pursuant to the provisions of this Article Nine, the Company shall give notice thereof to the Holders of each Outstanding Security affected, in the manner provided for in
Section 106, setting forth in general terms the substance of such supplemental indenture, but failure to give such notice or any defect therein shall not impair the validity of any such supplemental indenture. 

  
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 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 and any related Coupons that
it will duly and punctually pay the principal of (and premium, if any, on) and interest on the Securities of that series in accordance with the terms of the Securities, any Coupons appertaining thereto and this Indenture. Unless otherwise specified
as contemplated by Section 301 with respect to any series of Securities, any interest installments due on Bearer Securities on or before Maturity 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 shall 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 such 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 such series relating thereto 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 any Coupons appertaining thereto may be presented or
surrendered for payment and such notices to and demands upon the Company in respect of the Securities of that series and this Indenture may be served; 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 shall 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 Trust Office of the Trustee, except that Bearer Securities of such series and any Coupons appertaining thereto may be presented and surrendered for payment at the place specified for the purpose with respect to
such Securities as provided in or pursuant to this Indenture, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands. 

Except as otherwise provided in or pursuant to this Indenture, no payment of principal, premium, interest or Additional Amounts with respect to Bearer
Securities shall be made at any office or agency 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, that if
amounts owing with respect to any Bearer Securities shall be payable in Dollars, payment of the principal of, any premium or interest on and any Additional Amounts with respect to any such Security may be made at the Corporate Trust Office of the
Trustee or any office or agency designated by the Company in The City of New York, 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 such
purpose by the Company in accordance with this Indenture is illegal or effectively precluded by exchange controls or other similar restrictions. 

  
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 The Company may also from time to time designate one or more other offices or agencies where the Securities of
one or more series may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of
its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Company shall give prompt written notice to the Trustee of any such designation or rescission and of any change in the
location of any such other office or agency. Unless otherwise provided in or pursuant to this Indenture, the Company hereby designates as the Place of Payment for each series The City of New York, and initially appoints the Trustee, acting through
its corporate trust office located at 100 Wall Street, 16th Floor Window, New York, New York 10005, as its agent for such purposes. Pursuant to Section 301(5) of this Indenture, the Company may subsequently appoint a place or places in addition
to or other than The City of New York 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 and any related Coupons, it will, on or before each due
date of the principal of (and premium, if any, on) or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum in the Currency in which the Securities of such series are
payable (except as otherwise specified pursuant to Section 301 for the Securities of such series) 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 and any related Coupons, it will, on or prior to each due date of the principal of (and premium, if any, on) or interest on any Securities of that series, deposit with a Paying Agent a sum (in the Currency
described in the preceding paragraph) 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
(other than the Trustee) for any series of Securities 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, on) and interest on Securities of such 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 provided in or pursuant to this Indenture; 

  

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

  
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	 	(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 trusts as those upon which 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 sums. 
 Except as
otherwise provided herein 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, on) or interest on any Security of any series, or
any Coupon appertaining thereto, 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 Coupon 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 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, any unclaimed balance of such money then remaining will be repaid to the Company. 
 SECTION
1004. Statement as to Compliance. 
 The Company will deliver to the Trustee, within 120 days after the end of each fiscal year and promptly following any
request therefor received by the Company from the Trustee, a certificate from the principal executive officer, principal financial officer or principal accounting officer of the Company as to his or her knowledge of the Company’s compliance
with all conditions and covenants under this Indenture. For purposes of this Section 1004, such compliance shall be determined without regard to any period of grace or requirement of notice under this Indenture. The Company will deliver to the
Trustee, within 5 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 pursuant to clause (4) of Section 501. 

SECTION 1005. Additional Amounts. 
 If any Securities of a
series provide for the payment of additional amounts to any Holder in respect of any tax, assessment or governmental charge (“Additional Amounts”), the Company will pay to the Holder of any Security of such series or any Coupon
appertaining thereto such Additional Amounts as may be specified as contemplated by Section 301. Whenever in this Indenture there is mentioned, in any context, the payment of the principal (or premium, if any, on) or interest on, or in respect
of, any Security of a series or payment of any related Coupon or 

  
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the net proceeds received on the sale or exchange of any Security of a series, such mention shall be deemed to include mention of the payment of Additional Amounts provided for by the terms of
such series established pursuant to Section 301 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 specified as contemplated by Section 301, 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 that series of Securities (or if the Securities of that series will 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 Company’s principal Paying Agent or Paying Agents, if other than the Trustee, with an Officers’ Certificate instructing the Trustee and such Paying Agent or Paying Agents whether
such payment of principal of (and premium, if any, on) or interest on the Securities of that series shall be made to Holders of Securities of that series or any related Coupons who are not United States Persons without withholding for or on account
of any tax, assessment or other governmental charge described in the Securities of the 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 of that series or related Coupons and the Company will pay to the Trustee or such Paying Agent the Additional Amounts required by the terms of such Securities. In the event that the Trustee or any Paying
Agent, as the case may be, shall not so receive the above-mentioned certificate, then the Trustee or such Paying Agent shall be entitled to (i) assume that no such withholding or deduction is required
with respect to any payment of principal (and premium, if any) or interest with respect to any Securities of a series or related Coupons until it shall have received a certificate advising otherwise and (ii) to make all payments of principal
(and premium, if any) and interest with respect to the Securities of a series or related Coupons without withholding or deductions until otherwise advised. 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 1006. 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
and the rights (charter and statutory) and franchises of the Company; provided, however, that the Company shall not be required to preserve any such right or franchise if the Company shall determine that the preservation thereof is no
longer desirable in the conduct of the business of the Company and its Subsidiaries as a whole and that the loss thereof is not disadvantageous in any material respect to any Holder. 

  
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 SECTION 1007. Limitations on Liens. 

(a) So long as any of the Securities or Coupons appertaining thereto shall remain outstanding, the Company will not, and will not permit any of its
Subsidiaries to, create, incur, assume or suffer to exist any Lien of any kind upon any of its or their property or assets, now owned or hereafter acquired, without making effective provision whereby all of the Securities shall be directly secured
equally and ratably with the obligation or liability secured by such Lien, except for: 
  

	 	(i)	Liens existing as of the date of this Indenture; 

  

	 	(ii)	Liens (including Sale and Lease-back Transactions) on any property acquired, constructed or improved after the date of this Indenture, which are created or assumed contemporaneously with, or within 180 days after, such
acquisition or completion of such construction or improvement, or within six months thereafter pursuant to a commitment for financing arranged with a lender or investor within such 180-day period, to secure or provide for the payment of all or a
portion of the purchase price of such property or the cost of such construction or improvement incurred after the date of this Indenture (or prior to the date of this Indenture in the case of any construction or improvement which is at least 40%
completed at the date of this Indenture) or, in addition to Liens contemplated by clauses (iii) and (iv) below, Liens on any property existing at the time of acquisition thereof (including acquisition through merger or consolidation);
provided, that any such Lien (other than a Sale and Lease-back Transaction meeting the requirements of this clause) does not apply to any property theretofore owned by the Company or a Subsidiary other than, in the case of any such
construction or improvement, any theretofore unimproved real property on which the property so constructed, or the improvement, is located; 

  

	 	(iii)	Liens existing on any property of a Person at the time such Person is merged with or into, or consolidates with, the Company or a Subsidiary; 

 

	 	(iv)	Liens on any property of a Person (including, without limitation, shares of stock or debt securities) or its subsidiaries existing at the time such Person becomes a Subsidiary, is otherwise acquired by the Company or a
Subsidiary or becomes a successor to the Company pursuant to Section 802; 

  

	 	(v)	Liens to secure an obligation or liability of a Subsidiary to the Company or to another Subsidiary; 

  

	 	(vi)	Liens in favor of the United States of America or any State thereof, or any department, agency or instrumentality or political subdivision of the United States of America or any State thereof, to secure partial
progress, advance or other payments pursuant to any contract or statute or to secure any indebtedness incurred for the purpose of financing all or any part of the purchase price or the cost of constructing or improving the property subject to such
Liens; 

  

	 	(vii)	Liens to secure tax-exempt private activity bonds under the Internal Revenue Code of 1986, as amended; 

  
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	 	(viii)	Liens arising out of or in connection with a Sale and Lease-back Transaction if the net proceeds of such Sale and Lease-back Transaction are at least equal to the fair value (as determined by the Board of Directors, the
Chairman of the Board, the Vice Chairman of the Board, the President or the principal financial officer of the Company) of the property subject to such Sale and Lease-back Transaction; 

 

	 	(ix)	Liens for the sole purpose of extending, renewing or replacing in whole or in part indebtedness secured by any Lien referred to in the foregoing clauses (i) to (viii), inclusive, or in this clause (ix);
provided, however, that the principal amount of indebtedness secured thereby shall not exceed the principal amount of indebtedness so secured at the time of such extension, renewal or replacement, and that such extension, renewal or
replacement shall be limited to all or a part of the property which secured the Lien so extended, renewed or replaced (plus improvements on such property); 

  

	 	(x)	Liens arising out of or in connection with a Sale and Lease-back Transaction in which the net proceeds of such Sale and Lease-back Transaction are less than the fair value (as determined by the Board of Directors, the
Chairman of the Board, the Vice Chairman of the Board, the President or the principal financial officer of the Company) of the property subject to such Sale and Lease-back Transaction if the Company provides in a Board Resolution that it shall, and
in any such case the Company covenants that it will, within 180 days of the effective date of any such arrangement (or in the case of (C) below, within six months thereafter pursuant to a firm purchase commitment entered into within such
180-day period), apply an amount equal to the fair market value (as so determined) of such property (A) to the redemption of Securities of any series which are, by their terms, at the time redeemable or the purchase and retirement of
Securities, if permitted, which Securities shall, in any such case, be delivered to the Trustee for cancellation pursuant to Section 309, (B) to the payment or other retirement of Funded Debt incurred or assumed by the Company which ranks
senior to or pari passu with the Securities or of Funded Debt incurred or assumed by any Subsidiary (other than, in either case, Funded Debt owned by the Company or any Subsidiary) or (C) to the purchase of property (other than the property
involved in such sale); and 

  

	 	(xi)	Liens on (x) accounts receivable (and related general intangibles and instruments) arising out of or in connection with a sale or transfer by the Company or such Subsidiary of such accounts
receivable and (y) any or all of the assets of a special purpose Subsidiary that has purchased such accounts receivable (and related general intangibles and instruments) securing indebtedness of such special purpose Subsidiary;

  

	 	(xii)	Permitted Liens; and 

  

	 	(xiii)	 Liens other than those referred to in clauses (i) through (xii) above which are created, incurred or assumed after the date of this
Indenture (including those in connection with purchase money mortgages and Sale and Lease-back Transactions), provided that the aggregate amount of indebtedness secured by 

  
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such Liens, or, in the case of Sale and Lease-back Transactions, the Value of such Sale and Lease-back Transactions, referred to in this clause (xiii), does not exceed 15% of Consolidated Total
Assets. 

 (b) If at any time the Company or any Subsidiary shall create, incur, assume or suffer to exist any Lien and if paragraph
(a) of this Section 1007 requires that the Securities be secured equally and ratably with the obligation or liability secured by such Liens, the Company will deliver to the Trustee 

 

	 	(i)	an Officers’ Certificate stating that the covenant of the Company contained in paragraph (a) of this Section 1007 has been complied with; and 

 

	 	(ii)	an Opinion of Counsel to the effect that such covenant has been complied with, and that any instruments executed by the Company in the performance of such covenant comply with the requirements of such covenant.

 In the event that the Company shall hereafter secure the Securities equally and ratably with any other obligation or liability pursuant to
the provisions of this Section 1007, the Trustee is hereby authorized to enter into an indenture or agreement supplemental hereto. 
 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 1007 with respect to the Securities of any series or such other term, provision or condition to which this Section 1008 may be applicable pursuant to Section 301 if before the time for such compliance the Holders of at least a
majority in principal amount of the Outstanding Securities of such series, by Act of such Holders, either shall waive such compliance in such instance or generally shall have waived 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. 
 ARTICLE ELEVEN 

REDEMPTION OF SECURITIES 
 SECTION 1101.
Applicability of Article. 
 Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with the terms of
such Securities and (except as otherwise specified as contemplated by Section 301 for Securities of any series) in accordance with this Article. 

SECTION 1102. 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 the Securities of any series, 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 

  
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Redemption Date and of the principal amount of Securities of such series to be redeemed and shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the
Securities to be redeemed pursuant to Section 1103. In the case of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or
(b) pursuant to an election of the Company which is subject to a condition specified in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance
with such restriction or condition. 
 SECTION 1103. Selection by Trustee of Securities to Be Redeemed. 

If less than all the Securities of any series 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 Securities of such series; provided, however, that no such partial redemption shall reduce the portion of the principal amount of a Security not redeemed to less than the minimum authorized denomination for
Securities of such series established pursuant to Section 301. 
 The Trustee shall promptly notify the Company 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 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. 
 SECTION 1104. Notice of Redemption. 

Except as otherwise specified as contemplated by Section 301, notice of redemption shall be given in the manner provided for in Section 106 not less
than 30 nor more than 60 days prior to the Redemption Date, to each Holder 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, or if not then ascertainable, the manner of calculation thereof, 

  
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	 	(3)	if less than all the Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption, the principal amounts) of the particular Securities to be redeemed,

  

	 	(4)	that on the Redemption Date the Redemption Price (together with accrued interest, if any, to the Redemption Date payable as provided in Section 1106) will become due and payable upon each such Security, or the
portion thereof, to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date, 

  

	 	(5)	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, 

  

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

  

	 	(7)	that, unless otherwise specified in such notice, Bearer Securities of any series, if any, surrendered for redemption must be accompanied by all Coupons maturing subsequent to the Redemption Date or the amount of any
such missing Coupon or Coupons will be deducted from the Redemption Price unless security or indemnity satisfactory to the Company, the Trustee and any Paying Agent is furnished, 

 

	 	(8)	if Bearer Securities of any series are to be redeemed and any Registered Securities of such series are not to be redeemed, and if such Bearer Securities may be exchanged for Registered Securities not subject to
redemption on such Redemption Date pursuant to Section 305 or otherwise, the last date, as determined by the Company, on which such exchanges may be made, 

  

	 	(9)	in case any 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 Security or Securities of authorized denominations for the principal amount thereof remaining unredeemed, and 

  

	 	(10)	the CUSIP number or the Euroclear or the Clearstream reference numbers of such Securities, if any (or any other numbers used by a depositary to identify such Securities). 

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; provided, however, that the Company shall have delivered to the Trustee, at least 45 days prior to the Redemption Date (or such shorter period as may be acceptable to the Trustee),
an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the second preceding paragraph. 

  
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 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 in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series)
sufficient to pay the Redemption Price of, and (except as otherwise provided as contemplated by Section 301) accrued interest on, all the Securities which are to be redeemed on that date. 

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 in the Currency in which the Securities of such series are payable (except as
otherwise specified pursuant to Section 301 for the Securities of such series) (together with accrued interest, if any, to the Redemption Date), and from and after such date (unless the Company shall default in the payment of the Redemption
Price and accrued interest) such Securities shall, if the same were interest-bearing, 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, if any, 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 at an office or
agency located outside the United States (except as otherwise provided in Section 1002) and only upon presentation and surrender of Coupons for such interest, and provided, further, that (except as otherwise provided as contemplated by
Section 301) 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 relevant Record Dates according to their terms and the provisions of Section 307. 
 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 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 represented by Coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by
Section 301, only upon presentation and surrender of those Coupons. 

  
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 If any Security called for redemption or portion thereof 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 of interest or Yield to Maturity (in the case of Original Issue Discount Securities) set forth in the Security. 

SECTION 1107. Securities Redeemed in Part. 
 Any Security which
is to be redeemed only in part (pursuant to the provisions of this Article or of Article Twelve) shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of
transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or such Holder’s 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 Security or Securities of the same series, 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. 
 ARTICLE TWELVE 

SINKING FUNDS 
 SECTION 1201. Applicability of
Article. 
 Retirements of Securities of any series pursuant to any sinking fund shall be made in accordance with the terms of such Securities and (except
as otherwise specified as contemplated by Section 301 for Securities of any series) in accordance with this Article. 
 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 any 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 mandatory 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. 
 Subject to Section 1203, in lieu of making all or any part of any mandatory sinking
fund payment with respect to any Securities of a series in cash, the Company may at its option (1) deliver to the Trustee Outstanding Securities of such series (other than any previously called for redemption) theretofore purchased or otherwise
acquired by the Company together in the case of any Bearer Securities of such series with all unmatured Coupons appertaining thereto, and/or (2) receive credit for the principal amount of Securities of such series which have been previously
delivered to the Trustee by the Company or for Securities of such series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments
pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of the same series required to be made pursuant to the terms of such Securities as
provided for by the terms of such series; provided, however, that such Securities have not been 

  
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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 mandatory sinking fund payment shall be reduced accordingly. 
 SECTION 1203. 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 that series pursuant to the terms of that series, 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 otherwise specified pursuant to Section 301 for the Securities of such series), the portion thereof, if any, which is to be satisfied by delivering or crediting Securities of that series pursuant to
Section 1202 (which Securities will, if not previously delivered, accompany such certificate) and the basis for such credit and whether the Company intends to exercise its right to make a permitted optional sinking fund payment with respect to
such series. Such 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 next succeeding sinking fund payment date. In the case of the
failure of the Company to deliver such certificate, the sinking fund payment due on the next succeeding sinking fund payment date for that series shall be paid entirely in cash and shall be sufficient to redeem the principal amount of such
Securities subject to a mandatory sinking fund payment without the option to deliver or credit Securities as provided in Section 1202 and without the right to make any optional sinking fund payment, if any, with respect to such series. 

Not more 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. 
 On or prior to any sinking fund payment date, the Company
shall pay to the Trustee or a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 1003) in cash a sum equal to any interest that will accrue to the date fixed for redemption of
Securities or portions thereof to be redeemed on such sinking fund payment date pursuant to this Section 1203. 
 Notwithstanding the foregoing, with
respect to a sinking fund for any series of Securities, if at any time the amount of cash to be paid into such sinking fund on the next succeeding sinking fund payment date, together with any unused balance of any preceding sinking fund payment or
payments for such series, does not exceed in the aggregate $100,000, the Trustee, unless requested by the Company, shall not give the next succeeding notice of the redemption of Securities of such series through the operation of the sinking fund.
Any such unused balance of moneys deposited in such sinking fund shall be added to the sinking fund payment for such series to be made in cash on the next succeeding sinking fund payment date or, at the request of the Company, shall be applied at
any time or from time to time to the purchase of Securities of 

  
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such series, by public or private purchase, in the open market or otherwise, at a purchase price for such Securities (excluding accrued interest and brokerage commissions, which will be paid by
the Company separately through the Trustee or any Paying Agent) not in excess of the principal amount thereof. 
 ARTICLE THIRTEEN 

REPAYMENT AT OPTION OF HOLDERS 
 SECTION 1301.
Applicability of Article. 
 Repayment of Securities of any series before their Stated Maturity at the option of Holders thereof shall be made in accordance
with the terms of such Securities and (except as otherwise specified as contemplated by Section 301 for Securities of any series) in accordance with this Article. 

SECTION 1302. Repayment of Securities. 
 Securities of any
series subject to repayment in whole or in part at the option of the Holders thereof will, unless otherwise provided in the terms of such Securities, be repaid at a price equal to the principal amount thereof, together with interest, if any, thereon
accrued to the Repayment Date specified in or pursuant to the terms of such Securities. The Company covenants that on or before the Repayment Date it will 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 in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such
series) sufficient to pay the principal (or, if so provided by the terms of the Securities of any series, a percentage of the principal) of, and (except if the Repayment Date shall be an Interest Payment Date and unless otherwise specified as
contemplated by Section 301) accrued interest on, all the Securities or portions thereof, as the case may be, to be repaid on such date. 
 SECTION
1303. Exercise of Option. 
 Securities of any series subject to repayment at the option of the Holders thereof will contain an “Option to Elect
Repayment” form on the reverse of such Securities. To be repaid at the option of the Holder, any Security so providing for such repayment, with the “Option to Elect Repayment” form on the reverse of such Security duly completed by the
Holder (or by the Holder’s attorney duly authorized in writing), must be received by the Company at the Place of Payment therefor specified in the terms of such Security (or at such other place or places of which the Company shall from time to
time notify the Holders of such Securities) not earlier than 45 days nor later than 30 days prior to the Repayment Date. If less than the entire principal amount of such Security is to be repaid in accordance with the terms of such Security, the
principal amount of such Security to be repaid, in increments of the minimum denomination for Securities of such series (except as otherwise specified pursuant to Section 301 for the Securities of such series), and the denomination or
denominations of the Security or Securities to be issued to the Holder for the portion of the principal amount of such Security surrendered that is not to be repaid, must be specified. The principal amount of any Security providing for repayment at
the option of the Holder thereof may not be repaid in part if, following such repayment, the 

  
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unpaid principal amount of such Security would be less than the minimum authorized denomination of Securities of the series of which such Security to be repaid is a part. Except as otherwise may
be provided by the terms of any Security providing for repayment at the option of the Holder thereof, exercise of the repayment option by the Holder shall be irrevocable unless waived by the Company. 

SECTION 1304. When Securities Presented for Repayment Become Due and Payable. 

If Securities of any series providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article and as
provided by or pursuant to the terms of such Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company on the Repayment Date therein specified, and on and
after such Repayment Date (unless the Company shall default in the payment of such Securities on such Repayment Date) such Securities shall, if the same were interest-bearing, cease to bear interest and the
Coupons for such interest appertaining to any Bearer Securities so to be repaid, except to the extent provided below, shall be void. Upon surrender of any such Security for repayment in accordance with such provisions, together with all Coupons, if
any, appertaining thereto maturing after the Repayment Date, the principal amount of such Security so to be repaid shall be paid by the Company, together with accrued interest, if any, to the Repayment Date; provided, however, that
unless otherwise specified as contemplated by Section 301: (a) Coupons whose Stated Maturity is on or prior to the Repayment Date shall be payable only at an office or agency located outside the United States (except as otherwise provided
in Section 1002) and only upon presentation and surrender of such Coupons; and (b) in the case of Registered Securities, installments of interest, if any, whose Stated Maturity is on or prior to the Repayment 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 relevant Record Dates according to their terms and the provisions of Section 307. 

If any Bearer Security surrendered for repayment shall not be accompanied by all appurtenant Coupons maturing after the Repayment Date, such Security may be
paid after deducting from the amount payable therefor as provided in Section 1302 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 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 as provided in the preceding sentence, such Holder shall be entitled to receive the amount so deducted; provided, however, that interest represented by Coupons shall be payable only at
an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of those Coupons. 

If the principal amount of any Security surrendered for repayment shall not be so repaid upon surrender thereof, such principal amount (together with
interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest or Yield to Maturity (in the case of Original Issue Discount Securities) set forth in such Security. 

  
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 SECTION 1305. Securities Repaid in Part. 

Upon surrender of any Registered Security which is to be repaid in part only, the Company shall execute and the Trustee shall authenticate and deliver to the
Holder of such Security, without service charge and at the expense of the Company, a new Registered Security or Securities of the same series, of any authorized denomination specified by the Holder, in an aggregate principal amount equal to and in
exchange for the portion of the principal of such Security so surrendered which is not to be repaid. 
 ARTICLE FOURTEEN 

DEFEASANCE AND COVENANT DEFEASANCE 
 SECTION 1401.
Company’s Option to Effect Defeasance or Covenant Defeasance. 
 Except as otherwise specified pursuant to Section 301 for Securities of any
series, the provisions of this Article Fourteen shall apply to each series of Securities, and the Company may, at its option, effect defeasance of the Securities of or within a series under Section 1402 or covenant defeasance of or within a
series under Section 1403, in each case in accordance with the terms of such Securities and in accordance with this Article. 
 SECTION 1402.
Defeasance and Discharge. 
 Upon the Company’s exercise of the above option applicable to this Section with respect to any Securities of or within a
series, the Company shall be deemed to have been discharged from its obligations with respect to such Outstanding Securities and any related Coupons on the date the conditions set forth in Section 1404 are satisfied (hereinafter,
“defeasance”). For this purpose, such defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by such Outstanding Securities and any related Coupons, which shall thereafter be
deemed to be “Outstanding” only for the purposes of Section 1405 and the other Sections of this Indenture referred to in (A) and (B) below, and to have satisfied all its other obligations under such Securities and any
related Coupons and this Indenture insofar as such Securities and any related Coupons are concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), except for the following which shall
survive until otherwise terminated or discharged hereunder: (A) the rights of Holders of such Outstanding Securities and any related Coupons to receive, solely from the trust fund described in Section 1404 and as more fully set forth in
such Section, payments in respect of the principal of (and premium, if any, on) and interest on such Securities and any related Coupons when such payments are due, (B) the Company’s obligations with respect to such Securities under
Sections 304, 305, 306, 1002 and 1003 and with respect to the payment of Additional Amounts, if any, on such Securities as contemplated by Section 1005, (C) the rights, powers, trusts, duties and immunities of the Trustee hereunder and
(D) this Article Fourteen. Subject to compliance with this Article Fourteen, the Company may exercise its option under this Section 1402 notwithstanding the prior exercise of its option under Section 1403 with respect to such
Securities and any related Coupons. 
 SECTION 1403. Covenant Defeasance. 

Upon the Company’s exercise of the above option applicable to this Section with respect to any Securities of or within a series, the Company shall be
released from its obligations under Section 1007, 

  
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and, if specified pursuant to Section 301, its obligations under any other covenant, with respect to such Outstanding Securities and any related Coupons on and after the date the conditions
set forth in Section 1404 are satisfied (hereinafter, “covenant defeasance”), and such Securities and any related Coupons shall thereafter be deemed not to be “Outstanding” for the purposes of any direction, waiver, consent
or declaration or Act of Holders (and the consequences of any thereof) in connection with such covenants, but shall continue to be deemed “Outstanding” for all other purposes hereunder. For this purpose, such covenant defeasance means
that, with respect to such Outstanding Securities and any related Coupons, the Company may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or
indirectly, by reason of any reference elsewhere herein to any such covenant or by reason of reference in any such covenant to any other provision herein or in any other document and such omission to comply shall not constitute a Default or an Event
of Default under Section 501(4) or otherwise, as the case may be, but, except as specified above, the remainder of this Indenture and such Securities and any related Coupons shall be unaffected thereby. 

SECTION 1404. Conditions to Defeasance or Covenant Defeasance. 

The following shall be the conditions to application of either Section 1402 or Section 1403 to any Outstanding Securities of or within a series and
any related Coupons: 
  

	 	(1)	 The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee satisfying the requirements of
Section 608 who shall agree to comply with the provisions of this Article Fourteen applicable to it) as trust funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated solely to, the
benefit of the Holders of such Securities and any related Coupons, (A) an amount (in such Currency in which such Securities and any related Coupons are then specified as payable at Stated Maturity), or (B) Government Obligations applicable
to such Securities (determined on the basis of the Currency in which such Securities are then specified as payable at Stated Maturity) which through the scheduled payment of principal and interest in respect thereof in accordance with their terms
(without consideration of any reinvestment thereof) will provide, not later than one day before the due date of any payment of principal (including any premium) and interest, if any, under such Securities and any related Coupons, money in an amount,
or (C) a combination thereof, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge, and which shall be applied
by the Trustee (or other qualifying trustee) to pay and discharge, (i) the principal of (and premium, if any, on) and interest on such Outstanding Securities and any related Coupons due on or prior to the Stated Maturity (or Redemption Date, if
applicable) of such principal (and premium, if any) or installment or interest and (ii) any mandatory sinking fund payments or analogous payments applicable to such Outstanding Securities and any related Coupons on the day on which such
payments are due and payable in accordance with the terms of this Indenture and of such Securities and any related Coupons; provided that the Trustee shall have been irrevocably instructed to apply such money or the

  
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proceeds of such Government Obligations to said payments with respect to such Securities and any related Coupons. Before such a deposit, the Company may give to the Trustee, in accordance with
Section 1102 hereof, a notice of its election to redeem all or any portion of such Outstanding Securities at a future date in accordance with the terms of the Securities of such series and Article Eleven hereof, which notice shall be
irrevocable. Such irrevocable redemption notice, if given, shall be given effect in applying the foregoing. 

  

	 	(2)	No Default or Event of Default with respect to such Securities and any related Coupons shall have occurred and be continuing on the date of such deposit or, insofar as paragraphs (5) and (6) of
Section 501 are concerned, at any time during the period ending on the 91st day after the date of such deposit (it being understood that this condition shall not be deemed satisfied until the expiration of such period). 

 

	 	(3)	Such defeasance or covenant defeasance shall not result in a breach or violation of, or constitute a default under, this Indenture or any other material agreement or instrument to which the Company is a party or by
which it is bound. 

  

	 	(4)	In the case of an election under Section 1402, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (x) the Company has received from, or there has been published by, the Internal
Revenue Service a ruling, or (y) since the date of execution of this Indenture, there has been a change in the applicable United States federal income tax law, in either case to the effect that, and based thereon such opinion shall confirm
that, the Holders of such Outstanding Securities and any related Coupons will not recognize income, gain or loss for United States federal income tax purposes as a result of such defeasance and will be subject to United States federal income tax on
the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred. 

  

	 	(5)	In the case of an election under Section 1403, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of such Outstanding Securities and any related Coupons will not
recognize income, gain or loss for United States federal income tax purposes as a result of such covenant defeasance and will be subject to United States federal income tax on the same amounts, in the same manner and at the same times as would have
been the case if such covenant defeasance had not occurred. 

  

	 	(6)	Notwithstanding any other provisions of this Section, such defeasance or covenant defeasance shall be effected in compliance with any additional or substitute terms, conditions or limitations in connection therewith
pursuant to Section 301. 

  

	 	(7)	The Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for herein relating to either the defeasance under
Section 1402 or the covenant defeasance under Section 1403 (as the case may be) have been complied with. 

  
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 SECTION 1405. Deposited Money and Government Obligations to Be Held in Trust; Other Miscellaneous Provisions.

 Subject to the provisions of the last paragraph of Section 1003, all money and Government Obligations (or other property as may be provided pursuant
to Section 301) (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee – collectively for purposes of this Section 1405, the “Trustee”) pursuant to Section 1404 in respect of the
Outstanding Securities of a series and any related Coupons shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any related 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 Holders of such Securities and any related Coupons of all sums due and to become due thereon in respect of principal (and premium, if any)
and interest, but such money need not be segregated from other funds except to the extent required by law. 
 Unless otherwise specified with respect to any
Security pursuant to Section 301, if, after a deposit referred to in Section 1404(1) has been made, (a) the Holder of a Security in respect of which such deposit was made is entitled to, and does, elect pursuant to the terms of such
Security to receive payment in a Currency other than that in which the deposit pursuant to Section 1404(1) has been made in respect of such Security, or (b) a Conversion Event occurs or by the terms of any Security in respect of which the
deposit pursuant to Section 1404(1) has been made, the indebtedness represented by such Security and any related Coupons shall be deemed to have been, and will be, fully discharged and satisfied through the payment of the principal of (premium,
if any, on), and interest, if any, on such Security as they become due out of the proceeds yielded by converting (from time to time as specified below in the case of any such election) the amount or other property deposited in respect of such
Security into the Currency in which such Security becomes payable as a result of such election or Conversion Event based on the applicable Market Exchange Rate for such Currency in effect on the third Business Day prior to each payment date, except,
with respect to a Conversion Event, for such Currency in effect (as nearly as feasible) at the time of the Conversion Event. 
 The Company shall pay and
indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Government Obligations deposited pursuant to Section 1404 or the principal and interest received in respect thereof other than any such tax, fee or
other charge which by law is for the account of the Holders of such Outstanding Securities and any related Coupons. 
 Anything in this Article Fourteen to
the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money or Government Obligations (or other property and any proceeds therefrom) held by it as provided in Section 1404
which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect
an equivalent defeasance or covenant defeasance, as applicable, in accordance with this Article. 

  
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 SECTION 1406. Reinstatement. 

If the Trustee or any Paying Agent is unable to apply any money in accordance with Section 1405 by reason of any order or judgment of any court or
governmental authority enjoining, restraining or otherwise prohibiting such application, then the Company’s obligations under this Indenture and such Securities and any related Coupons shall be revived and reinstated as though no deposit had
occurred pursuant to Section 1402 or 1403, as the case may be, until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section 1405; provided, however, that if the Company makes
any payment of principal of (or premium, if any, on) or interest on any such Security and any related Coupon following the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities and any
related Coupons to receive such payment from the money held by the Trustee or Paying Agent. 
 SECTION 1407. Qualifying Trustee. 

Any trustee appointed pursuant to Section 1404 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an
agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related
defeasance or covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee. 

ARTICLE FIFTEEN 
 MEETINGS OF
HOLDERS OF SECURITIES 
 SECTION 1501. Purposes for Which Meetings May Be Called. 

A meeting of Holders of Securities of any 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. 

SECTION 1502. 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 1501, to be held at such time and at such place in The City of New York, or, if Securities of such series have been issued in
whole or in part as Bearer Securities, in London or in such other place outside of the United States 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 for 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, by or pursuant to a 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 1501, by written request setting forth in reasonable detail the action proposed to be

  
 -79- 

 
taken at the meeting, and the Trustee shall not have given 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 in The City of New York, or, if Securities of such series are to be issued as
Bearer Securities, in London for such meeting and may call such meeting for such purposes by giving notice thereof as provided in paragraph (a) of this Section. 

SECTION 1503. 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 1504.
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; provided, however, that, if any action is to be taken at such meeting with respect to a consent or waiver which this Indenture expressly provides may be given by the Holders of not less
than a specified percentage in principal amount of the Outstanding Securities of a series, the Persons entitled to vote such specified percentage in principal amount of the Outstanding Securities of such series shall constitute a quorum. In the
absence of a quorum within 30 minutes of 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 1502(a), except that such notice need be given not less
than five days prior to the date on which the meeting is scheduled to be reconvened. Notice of the reconvening of any 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 by the affirmative vote of the Holders of not less than 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 may be adopted at a meeting or an adjourned meeting 

  
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duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the Holders of not less than 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 related Coupons, whether or not present or represented at the meeting. 

Notwithstanding the foregoing provisions of this Section 1504, if any action is to be taken at a meeting of Holders of Securities of any series with
respect to any request, demand, authorization, direction, notice, consent, waiver or other action that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage in principal amount of all Outstanding
Securities affected thereby, or of the Holders of such series and one or more additional series: 
  

	 	(i)	there shall be no minimum quorum requirement for such meeting; and 

  

	 	(ii)	the principal amount of the Outstanding Securities of such series that vote in favor of such request, demand, authorization, direction, notice, consent, waiver or other action shall be taken into account in determining
whether such request, demand, authorization, direction, notice, consent, waiver or other action has been made, given or taken under this Indenture. 

SECTION 1505. Determination of Voting Rights; Conduct and Adjournment of Meetings. 

(a) Notwithstanding any provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem advisable for any meeting of Holders of
Securities of a 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 1502(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. 

  
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 (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 Outstanding Securities of such series held or represented by him (determined as specified in the definition of “Outstanding” in Section 101); 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 1502 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 1506. 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 duplicate of all votes cast at the
meeting. A record, at least in duplicate, 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 1502 and, if
applicable, Section 1504. 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. 

* * * * * 
 This Indenture 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 Indenture. 

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

			
	NEWELL RUBBERMAID INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	U.S. BANK NATIONAL ASSOCIATION,
	 as Trustee

		
	By:	 	  

	Name:	 	
	Title:	 	

  
 -83-EX-10.65

 Exhibit 10.65 

Portions of this Exhibit have been redacted pursuant to a request for confidential treatment under
Rule 24b-2 of the General Rules and Regulations under the Securities Exchange Act. Omitted information marked “[***]” in this Exhibit has been filed with the Securities and Exchange Commission together with such request for confidential
treatment. 
 THIRD AMENDED AND RESTATED SECONDARY 

MATERIALS PROCESSING AGREEMENT 

THIS THIRD AMENDED AND RESTATED SECONDARY MATERIALS PROCESSING AGREEMENT (this “Agreement”) is dated effective as of
November 1, 2013, by and between STILLWATER MINING COMPANY, a Delaware corporation with its principal place of business in Montana (“Stillwater”), and POWER MOUNT INCORPORATED, a Kentucky corporation with its principal place of
business in Kentucky (“Power Mount”). 
 WHEREAS, Power Mount and Stillwater previously entered into that certain Secondary
Materials Processing Agreement, dated September 15, 2003 (the “Initial Agreement”), as amended by the Amended and Restated Secondary Materials Processing Agreement, dated June 7, 2005, as amended by the Second Amended and
Restated Secondary Materials Processing Agreement, dated November 1, 2012 (together with the Initial Agreement, the “Previous Agreement”), whereby Power Mount supplied Secondary Materials to Stillwater, and Stillwater processed
and refined such Secondary Materials; and 
 WHEREAS, Power Mount and Stillwater desire to enter into this Agreement to amend and restate
the terms of the Previous Agreement; 
 NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged,
the parties agree as follows: 
  

	1.	DEFINITIONS. 

 Throughout this Agreement, the following terms shall have the
following meanings: 
 1.1 Applicable Supplier Percentage has the meaning set forth in Section 14.2. 

1.2 Business Day means every Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on which banking institutions in the
United States are authorized or obligated by law or executive order to close. 
 1.3 Environmental Laws means any laws concerning
pollution or protection of the environment, public health and safety, or employee health and safety, including laws relating to the Release of Hazardous Substances or otherwise relating to the disposal, storage, use, transport, treatment or handling
of any pollutant, contaminant, chemical, waste, material or substance, including Hazardous Substances. 

 1.4 Estimated Delivery Date means the date estimated by Power Mount for delivery at the
Facility of Offered Ounces. 
 1.5 Estimated Ounces means, with respect to a specific Lot, the number of troy ounces of each Metal
estimated by Power Mount to be contained in such Lot and set forth by Power Mount on a Shipment Verification Form. 
 1.6 Event of
Default has the meaning set forth in Section 12. 
 1.7 Facility means Stillwater’s processing complex located
in Columbus, Montana. 
 1.8 Final Assay means, with respect to a specific Lot, the final settlement figures expressed as the amount
of troy ounces per Short Ton of each Platinum Group Metal, determined in accordance with Section 8.3. 
 1.9 Final Dry Lot
Weight means, with respect to a specific Lot, the weight in Short Tons as determined in accordance with Section 8.3. 

1.10 Final Lot Value means, with respect to each Metal, the product of (i) the Final Dry Lot Weight, (ii) the Final Assay,
(iii) the Return Percentage, and (iv) the Purchase Price. 
 1.11 Final Ounces means, with respect to each Metal, the
product of the Final Dry Lot Weight and the Final Assay. 
 1.12 Final Payment has the meaning set forth in Section 9.2.

 1.13 Final Payment Finance Charge means the interest assessed by Stillwater on the amount of the Final Payment and calculated as
the product of (i) the amount of the Final Payment prior to deducting the Final Payment Finance Charge; (ii) Stillwater’s Cost of Borrowing; and (iii) the number of days from the date of Final Payment until the Value Date divided
by 360. 
 1.14 Final Treatment Charge means, with respect to a specific Lot, the product of (a) the Final Dry Lot Weight,
(b) 2,000, and (c) the Treatment Charge. 
 1.15 Force Majeure has the meaning set forth in Section 16.1. 

1.16 Hazardous Substances means any substance, whether solid, liquid or gaseous, that, whether by its nature or its use or any other
cause, is regulated or from which liability might arise under any applicable Environmental Law or which causes or poses a threat to cause contamination or a nuisance on property or a hazard to the environment or to the health, safety and welfare of
persons. 
 1.17 Lot means a quantity of Secondary Materials delivered to Stillwater as one Shipment or as part of a Shipment and
designated by Power Mount based on the type of automobile catalytic converter. 

  
 2 

 1.18 Shipment Verification Form means the form attached as Appendix A and completed
by Power Mount and Stillwater in accordance with Sections 3.3 and 3.4. 
 1.19 Material Weight Variance has the meaning set
forth in Section 8.2. 
 1.20 Metal means platinum, palladium or rhodium. 

1.21 MSDS means Material Safety Data Sheet. 

1.22 Notices has the meaning set forth in Section 19.4. 

1.23 Offered Metal Value means, with respect to each Metal, the product of the (i) Offered Ounces, (ii) the Return
Percentage, and (iii) the Purchase Price. 
 1.24 Offered Ounces means, with respect to each Metal, the number of troy ounces
offered by Power Mount for purchase by Stillwater. 
 1.25 Party or Parties means Power Mount and Stillwater, individually or
collectively as the context implies, and the successors and assigns of any Party that shall have become a Party hereto in accordance with the terms hereof. 

1.26 Platinum Group Metals means, collectively, platinum, palladium and rhodium. 

1.27 PM Referral Fee has the meaning set forth in Section 14.1. 

1.28 PM Supplier has the meaning set forth in Section 14.1. 

1.29 PM Supplier Payment has the meaning set forth in Section 14.2. 

1.30 Preliminary Ounces means, with respect to each Metal in a specific Lot, the number of troy ounces of such Metal contained in the
Lot, as determined in accordance with Section 8.2. 
 1.31 Prepayment has the meaning set forth in
Section 9.1. 
 1.32 Prepayment Finance Charge means the interest assessed by Stillwater on the amount of the Prepayment
and calculated as the product of (i) the amount of the Prepayment prior to deducting the Prepayment Finance Charge; (ii) Stillwater’s Cost of Borrowing; and (iii) the number of days from the date of the Prepayment until the
estimated Value Date divided by 360. 
 1.33 Prepayment Percentage means the percentage of the Offered Metal Values used to determine
the amount, if any, of the Prepayment from Stillwater to Power Mount, which is set forth on Schedule 1 hereto. 
 1.34 Purchase
Price means, with respect to any Metal, a set price per ounce of a Metal established by Stillwater for settlement on the Value Date, which price will be based on the Estimated Date of Delivery or the date of actual delivery, applied on a
first-in-first-out basis. 

  
 3 

 1.35 Release means the spilling, leaking, disposing, discharging, emitting, depositing,
ejecting, leaching, escaping or any other release or threatened release, however defined, whether intentional or unintentional, of any substance, including Hazardous Substances. 

1.36 Return Percentage shall mean, with respect to each Metal, that percentage, set forth on Schedule 1 hereto, of the ounces of
Metal on which Stillwater makes payment. 
 1.37 Sample Split means a portion of a Lot sample taken prior to assaying. 

1.38 Secondary Materials means decanned beads, honeycombs, and metal foil only from manufactured automobile catalytic converter
products containing Platinum Group Metals. 
 1.39 Shipment means a delivery of Secondary Materials of up to 21 Short Tons delivered
to the Facility. 
 1.40 Shipping Documentation means, with respect to each Lot, the bill of lading from the transportation company,
the packing list and the Lot Verification Form with the top part completed by Power Mount. 
 1.41 Short Ton means 2,000 pounds. 

1.42 Stillwater’s Cost of Borrowing means Stillwater’s quarterly, pretax, weighted average cost of borrowing, as determined
in Stillwater’s sole discretion. 
 1.43 Treatment Charge shall mean the amount payable by Power Mount to Stillwater to treat
and refine the Secondary Materials, which is based on the volume of Secondary Materials delivered and set forth on Schedule 1 hereto. 

1.44 Value Date means the first Business Day following the date that is 83 days following the date of actual delivery, subject to
extension pursuant to Sections 5 and 16.2. 
  

	2.	TERM. 

 The term of this Agreement shall be for a period of one (1) year
commencing on the effective date hereof and ending October 31, 2014. Notwithstanding the foregoing, this Agreement may be earlier terminated in accordance with the provisions of Section 13 or extended in accordance with the
provisions of Section 16.2. 
  

	3.	OFFERED OUNCES; SHIPMENT VERIFICATION FORM; RECEIPT AND ACCEPTANCE. 

 3.1
Offered Ounces. Via email, Power Mount will from time to time offer Stillwater Offered Ounces of Metal at a price to be determined by Stillwater and will provide Stillwater with the Estimated Delivery Date of the Secondary Materials containing
such Offered Ounces. Power Mount will also indicate in such communication when Power Mount wants Stillwater to set the Purchase Price for the Offered Ounces, which may be as early as 30 days prior to the Estimated Delivery Date and as late as the
Value Date. If Power Mount does not indicate when it wants Stillwater to set a Purchase Price for the Offered Ounces of Metal, Stillwater will 

  
 4 

 
determine the Purchase Price of the Offered Ounces of each Metal on receipt of the Final Assay for the Lot containing such Offered Ounces of Metal. Power Mount shall not include in its email
regarding Offered Ounces any Metal that Power Mount does not reasonably expect to deliver to the Facility within 30 days from the date of such offer. Within three (3) Business Days following an offer from Power Mount, Stillwater will send an
email to Power Mount with the following information: (a) the Purchase Price for each Metal (if set by Stillwater); and (b) the Offered Metal Value and the Prepayment amount, if any. Stillwater will match deliveries of Lots with the
applicable Offered Ounces according to the Estimated Delivery Date on a first-in-first-out basis. 
 3.2 Shipment. Power Mount will
deliver Secondary Materials to the Facility in the quantities and with the composition in accordance with this Agreement. Power Mount will transport, or arrange for the transportation of, Secondary Materials in accordance with all applicable
Environmental Laws. Power Mount will label each Lot based on the type of Secondary Material contained in such Lot. Each Shipment must be accompanied by an MSDS. Power Mount will bear the costs of transporting the Secondary Materials to the Facility.
The Secondary Materials must be packaged in gaylord boxes unless alternative packaging is pre-approved by Stillwater. Catalyst dusts must be packaged in super sacks (bulk bags). 

3.3 Shipment Verification Form. Power Mount shall electronically enter the metal data to complete the top portion of the Shipment
Verification Form for each Lot shipped to Stillwater. Stillwater will confirm via email its receipt of the Shipment Verification Form. Power Mount shall indicate on the Shipment Verification Form, among other things, whether or not Power Mount will
have a representative present for weighing and sampling. 
 3.4 Receipt and Acceptance. Stillwater shall notify Power Mount when
Stillwater has received a Lot of Secondary Materials at the Facility. Within three (3) Business Days following Stillwater’s receipt of a Lot of Secondary Materials, Stillwater shall notify Power Mount whether or not Stillwater will accept
or reject that Lot by completing the bottom portion of the Shipment Verification Form and forwarding a copy of the completed form to Power Mount via facsimile or email. If Stillwater rejects a Lot, Stillwater will have no further obligations to
Power Mount with respect to such Lot, and Power Mount shall promptly remove such Lot from the Facility and shall bear the costs of such removal. No payment will be due from Stillwater for any Lot that Stillwater rejects. To the extent Stillwater has
made any Prepayment for the Metal estimated to be contained in a rejected Lot, such Prepayment amount will be deducted from future payments owed Power Mount and, if payments owed to Power Mount within three (3) months after such rejection are
insufficient to repay Stillwater the amount of such Prepayment, Power Mount shall thereupon pay Stillwater all amounts remaining due. 
  

	4.	TITLE; RISK OF LOSS; WARRANTIES OF POWER MOUNT; INDEMNIFICATION. 

 4.1
Title. Title to the Secondary Materials in any Lot in a Shipment shall transfer from Power Mount to Stillwater following receipt and acceptance of such Lot by Stillwater at the Facility. Power Mount shall have responsibility for and assume all
liability with respect to the Secondary Materials prior to title passing to Stillwater. 

  
 5 

 4.2 Risk of Loss. Power Mount shall bear all risk of loss of or damage to the Secondary
Materials during transit to the Facility, and risk of loss of the Secondary Materials shall pass to Stillwater only upon receipt and acceptance of the Secondary Materials at the Facility. Power Mount shall acquire and maintain adequate insurance to
cover 100% of the value while in Power Mount’s possession. 
 4.3 Warranties of Power Mount. Power Mount warrants and covenants
to Stillwater that Power Mount will have full legal and beneficial title, free, clear and unencumbered by security interests and liens, to all Secondary Materials upon Stillwater’s receipt and acceptance of the Secondary Materials by
Stillwater; that Stillwater shall upon receipt and acceptance, acquire full legal and beneficial title to such Secondary Materials, free, clear and unencumbered by security interests and liens (other than security interests and liens of Stillwater);
and that the Secondary Materials shall be of the quality set forth in Section 6.1. 
 4.4 Indemnification. Power Mount
shall indemnify and hold Stillwater harmless from and against any and all costs, losses, judgments, orders, decrees, expenses, including reasonable attorneys’, costs of court, and expert witness fees, and damages arising as the result of Power
Mount’s failure to (a) have full and unencumbered title as provided in Section 4.3; (b) provide Secondary Materials of the quality set forth in Section 6.1 (unless Stillwater elects to accept nonconforming
Secondary Materials under Section 6.2); and (c) comply with Environmental Laws. 
  

	5.	QUANTITIES. 

 Power Mount may offer any amount of Secondary Materials to
Stillwater pursuant to this Agreement. No Lot shall be less than 1,000 pounds. An additional [***] lot charge will be included for any lot that is received and accepted weighing less than 2,000 pounds. Stillwater may delay receipt and acceptance and
the Value Date for any Lot that does not meet the requirements of this Section 5. 
  

	6.	QUALITY. 

 6.1 Minimum Quality of Secondary Materials. Each Lot of
Secondary Materials must have, at a minimum, 20 troy ounces of Metal per Short Ton. Power Mount represents and warrants that all Secondary Materials delivered to Stillwater from Power Mount shall be (a) free of lead, zinc, arsenic, chlorine,
fluorine, mercury, selenium or other deleterious materials and free of any other impurities the solubility of which will negatively impact the processing and refining process (as determined solely by Stillwater), (b) free of Hazardous
Substances (other than Hazardous Substances exempt under Environmental Laws), and (c) free of iron, stainless steel and other scrap. 

6.2 Material Differences in Composition. If the results of sampling conducted by Stillwater indicate that a Lot of Secondary Materials
delivered hereunder does not meet the requirements of Section 6.1, Stillwater shall have the absolute right (a) to refuse to accept that particular Lot of Secondary Materials for processing and refining, in which event Stillwater
shall so notify Power Mount of such rejection; or (b) to accept, process and refine the Lot and to charge Power Mount $0.50 per pound of Secondary Material or such greater amount as 

  
 6 

 
determined by Stillwater as necessary to cover additional costs of processing. If Stillwater refuses to accept any Lot, Power Mount will promptly remove that Lot from the Facility at Power
Mount’s sole expense. No payment will be due from Stillwater for any Lot that Stillwater rejects pursuant to this Section 6.2. To the extent Stillwater has prepaid for the Metal estimated to be contained in such Lot, such amount
will be deducted from future payments owed Power Mount, and, if payments owed to Power Mount within three months after such rejection are insufficient to repay Stillwater the amount of such Prepayment, Power Mount shall thereupon pay Stillwater all
amounts remaining due. 
  

	7.	PROCESSING. 

 7.1 Processing of Secondary Materials. Subject to Sections
4, 5 and 6, Stillwater will take delivery and possession at the Facility of the Secondary Materials provided by Power Mount under this Agreement, and, following acceptance, Stillwater will process the Secondary Materials. 

7.2 Smelter Capacity. On any occasion during the term of this Agreement that Stillwater’s Facility is shut down for any reason,
Stillwater may delay the processing of any Secondary Materials and will promptly notify Power Mount of such delay. Stillwater shall have no liability to Power Mount due to a shutdown if the shutdown (i) is for any reason and Stillwater has
delivered to Power Mount not less than fifteen (15) days’ prior written notice of such shutdown, and provided further that Stillwater complies with all of its obligations under this Agreement with respect to any Secondary Materials
previously shipped to Stillwater and any Secondary Materials shipped to Stillwater pursuant to this Section 7.2, or (ii) results from an event of Force Majeure. If Stillwater has notified Power Mount that a shutdown will occur for a
reason other than an event of Force Majeure, then upon receipt of such notification, Power Mount will ship to Stillwater only the number of outstanding Offered Ounces due Stillwater. Power Mount will make no other shipments of Secondary Materials to
Stillwater until such time as Power Mount receives written notification from Stillwater to resume shipments. 
  

	8.	WEIGHING; SAMPLING; ASSAYING; COMMINGLING. 

 8.1 Weighing; Representation.
Power Mount reserves the right, at its expense, to have its representative present to observe the process of the preliminary weighing of each Lot and the collecting of samples for assaying. If Power Mount has elected to have its representative
present at weighing and sampling, then the weighing of such Lot and the collection of the samples from such Lot shall not occur until Power Mount’s representative has arrived at the Facility. Such representative must arrive at the Facility on
the day that Stillwater has indicated that it will conduct the sampling of that particular Lot; provided that Stillwater has given Power Mount at least three (3) Business Days’ notice of such date. 

8.2 Preliminary Ounces. Within two (2) Business Days following delivery of the Lot at the Facility, Stillwater will weigh and test
the preliminary content of such Lot. If the number of troy ounces of each Metal as determined by Stillwater on receipt differs by five percent (5%) or more from the Estimated Ounces of each Metal as determined and set forth on the Shipment
Verification Form by Power Mount (a “Material Weight Variance”), Stillwater will promptly notify Power Mount of such Material Weight Variance. The Preliminary Ounces of 

  
 7 

 
each Metal shall equal the Estimated Ounces of each Metal unless there is a Material Weight Variance. If there is a weight variance, the Preliminary Ounces of each Metal shall be as determined by
Stillwater pursuant to this Section 8.2. 
 8.3 Sampling; Final Dry Lot Weight; Final Assays. Stillwater will sample each
Lot for moisture content and for assaying. Within fifteen (15) days after the date of Power Mount’s delivery of the particular Lot, Stillwater will send a Sample Split to Power Mount and a Sample Split to the Stillwater Mining Laboratory,
and Stillwater will retain a Sample Split on file at the Facility for use as an umpire sample (if needed). Each Lot received by Stillwater will be considered complete and separate for sampling purposes under this Agreement. Stillwater will keep a
separate record of the specific procedures performed in sampling the Secondary Materials supplied by Power Mount. Stillwater will determine and provide Power Mount with the Final Assay results, the Final Dry Lot Weight and the number of Final Ounces
for such Lot within thirty (30) days after the date of Power Mount’s delivery of the particular Lot. 
 8.4 Commingling.
Stillwater shall have the right to commingle in the Facility any Secondary Materials from Power Mount with any other materials, provided that the commingling occurs only after the Secondary Materials have been (i) weighed and sampled by
Stillwater and (ii) accepted by Stillwater pursuant to Section 3.4. 
  

	9.	PAYMENT; SECURITY INTEREST. 

 9.1 Prepayment. Within one (1) Business
Day following receipt of Shipping Documentation from Power Mount and provided a Purchase Price has been set, Stillwater may, at its option, forward Prepayment if it has been requested by Power Mount for such Lot via wire transfer to Power Mount. The
“Prepayment” to Power Mount for such Offered Ounces shall equal (A) the product of (i) the Prepayment Percentage and (ii) the sum of the Offered Metal Values for each Metal less (B) the Prepayment Finance
Charge. 
 9.2 Calculation of Final Payment. Within two (2) Business Days following notice to Power Mount of the Final Lot Value
for a Lot of Secondary Materials, Stillwater will forward the Final Payment via wire transfer to Power Mount. The “Final Payment” shall be calculated as follows: 

 

	 	(a)	the sum of the Final Lot Values for each Metal in such Lot; less 

  

	 	(b)	the Prepayment; less 

  

	 	(c)	the Prepayment Finance Charge; less 

  

	 	(d)	the Final Payment Finance Charge; less 

  

	 	(e)	the Final Treatment Charge; less 

  

	 	(f)	any Section 5.0 lot charges. 

 Attached as Appendix B is a sample calculation of a
Final Payment and Final Payment Finance Charge. If the calculation of the Final Payment pursuant to this Section 9.2 results in a 

  
 8 

 
negative number such that Stillwater has overpaid for a given Lot, such amount will be deducted from future amounts owed to Power Mount, and, if payments owed to Power Mount within three (3)
months after such overpayment are insufficient to repay Stillwater the amount of such overpayment, Power Mount shall promptly (with two (2) Business Days) pay Stillwater all amounts remaining due. 

9.3 Maximum Prepayments; Obligation to Make Prepayment May Be Suspended or Terminated by Stillwater. Stillwater shall not prepay Power
Mount for any Lot unless Stillwater has received Shipping Documentation from Power Mount and has been directed by Power Mount to set a Purchase Price for each Metal in the Lot. Notwithstanding Sections 9.1 or 9.2 above, Stillwater may elect
to suspend or terminate prepayments to Power Mount at any time during this Agreement for whatever reason. If Stillwater does suspend or terminate prepayments, Stillwater will forward Final Payment for each Lot of Secondary Material to Power Mount in
one Final Payment, which shall be determined as follows: 
  

	 	(a)	the sum of the Final Lot Values for each Metal in such Lot; less 

  

	 	(b)	the Final Treatment Charge. 

 9.4 Right of Set-off. Stillwater may set-off any amounts
that Power Mount owes Stillwater against any amounts that Stillwater owes Power Mount. 
 9.5 Security Interest. As security for all
obligations of Power Mount under this Agreement, Power Mount hereby assigns, pledges and grants to Stillwater, its successors and assigns, a security interest in each Lot of Offered Ounces shipped to Stillwater pursuant to Article 3 of this
Agreement, which Power Mount owns or hereafter acquires and offers to Stillwater. 
  

	10.	PUBLICITY: CONFIDENTIALITY. 

 10.1 Publicity. Power Mount will not issue or
approve an advertisement, promotional material, news release or other form of publicity concerning this Agreement or the transactions contemplated herein without the prior approval of Stillwater as to the content of such advertisement, promotional
material, news release or publicity and the timing of its release. 
 10.2 Confidentiality. Each party will keep the terms of this
Agreement confidential except as disclosure may be required by law or regulation. Each Party will treat all information, documents and other materials provided by the other Party hereunder as confidential and proprietary information of the
disclosing Party, and the receiving Party agrees to maintain in confidence all such confidential information and will not divulge such confidential information in whole or in part to any third party (other than its employees, lenders, accountants,
counsel and financial advisors) and except as required by law or regulation. 

  
 9 

	11.	REPRESENTATIONS AND WARRANTIES. 

  

	 	11.1	Representations and Warranties of Stillwater. 

 11.1.1 Organization, Good
Standing and Qualification. Stillwater is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Stillwater has all requisite corporate power and authority to own its property and assets and
to carry on its business as now conducted and as currently proposed to be conducted. Stillwater is duly qualified to transact business and is in good standing in each other jurisdiction in which the failure to so qualify would have a material
adverse effect on Stillwater. Stillwater has the power and authority to execute, deliver and perform its obligations under this Agreement. 

11.1.2 Authorization. All corporate action on the part of Stillwater, its officers, directors and stockholders necessary (a) for
the authorization, execution and delivery (or acceptance, as the case may be) of this Agreement and (b) for the performance of all obligations of Stillwater hereunder has been taken. The person executing this Agreement on behalf of Stillwater
is authorized to execute this Agreement. 
 11.1.3 No Conflicts. The execution, delivery and performance of this Agreement will not
(a) violate any provision of law or statute or any order of any court or other governmental authority binding on Stillwater; (b) contravene or conflict with Stillwater’s certificate of incorporation or bylaws; or (c) conflict
with or result in any breach of any of the terms, conditions or provisions of, or constitute (with due notice or lapse of time or both) a default, or result in the creation of any lien upon any of the properties or assets of Stillwater, under any
indenture, mortgage, lease agreement or other agreement or instrument to which Stillwater is a party or by which it or any of its property is bound or affected, except, for purposes of this clause (c), such conflict, breach or default as to which
requisite waivers or consents shall have been obtained by Stillwater and delivered to Power Mount or which would not reasonably be expected to have a material adverse effect on Stillwater. 

 

	 	11.2	Representations and Warranties of Power Mount. 

 11.2.1 Organization, Good Standing
and Qualification. Power Mount is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Kentucky. Power Mount has all requisite corporate power and authority to own its property and assets and
to carry on its business as now conducted and as currently proposed to be conducted. Power Mount is duly qualified to transact business and is in good standing in each other jurisdiction in which the failure to so qualify would have a material
adverse effect on Power Mount. Power Mount has the power and authority to execute, deliver and perform its obligations under this Agreement. 

11.2.2 Authorization. All corporate action on the part of Power Mount, its officers, directors and stockholders necessary (a) for
the authorization, execution and delivery (or acceptance, as the case may be) of this Agreement and (b) for the performance of all obligations of Power Mount hereunder has been taken. The person executing this Agreement on behalf of Power Mount
is authorized to execute this Agreement. 

  
 10 

 11.2.3 No Conflicts. The execution, delivery and performance of this Agreement will not
(a) violate any provision of law or statute or any order of any court or other governmental authority binding on Power Mount; (b) contravene or conflict with Power Mount’s certificate of incorporation or bylaws; or (c) conflict
with or result in any breach of any of the terms, conditions or provisions of, or constitute (with due notice or lapse of time or both) a default, or result in the creation of any lien upon any of the properties or assets of Power Mount, under any
indenture, mortgage, lease agreement or other agreement or instrument to which Power Mount is a party or by which it or any of its property is bound or affected, except, for purposes of this clause (c), such conflict, breach or default as to which
requisite waivers or consents shall have been obtained by Power Mount and delivered to Power Mount or which would not reasonably be expected to have a material adverse effect on Power Mount. 

 

	12.	EVENTS OF DEFAULT. 

 The occurrence at any time with respect to a Party of any of
the events set forth in this Section 12 shall constitute an event of default (an “Event of Default”) with respect to such Party. 

12.1 Failure to Pay. Failure by the Party to make, when due, any payment under this Agreement required to be made by it, if such
failure is not remedied on or before the third (3rd) Business Day after notice of such failure is given to the Party. 

12.2 Breach of Agreement. Failure by the Party to comply with or perform any material agreement or obligation (other than an obligation
to make payment under this Agreement) to be complied with or performed by the Party in accordance with this Agreement if such failure is not remedied on or before the thirtieth (30th) day
after notice of such failure is given to the Party. 
 12.3 Breach of Representations and Warranties. Any representation or warranty
made by the Party contained in this Agreement was when given false or misleading in any material respect (provided, however, if any representation or warranty that is qualified by materiality, including with reference to a material adverse effect,
shall prove to be false or misleading in any respect, the same shall be an Event of Default hereunder). 
 12.4 Bankruptcy. The Party
(a) is dissolved (other than pursuant to a consolidation, amalgamation or merger); (b) admits in writing its inability generally to pay its debts as they become due; (c) makes a general assignment for the benefit of creditors;
(d) institutes or has instituted against it a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights, or a petition is presented
for its winding-up or liquidation, and in the case of any such proceeding or petition instituted or presented against it, such proceeding or petition is not dismissed, discharged, stayed or restrained in each case within 60 days of the institution
or presentation thereof; (e) has a resolution passed for its winding-up or liquidation (other than pursuant to a consolidation, amalgamation or merger); (f) seeks or becomes subject to the appointment of an administrator, receiver, trustee
or custodian or other similar official for it or for all or substantially all of its assets; (g) has a secured party take possession of all or substantially all its assets or has a distress, execution, attachment, sequestration or other legal
process levied, enforced or sued on or against all or substantially all its assets and such secured party maintains 

  
 11 

 
possession or any such process is not dismissed, discharged, stayed or restrained, in each case, within 30 days thereafter; or (h) takes any action in furtherance of or indicating its
consent to approval of or acquiescence in any of the foregoing acts. 
  

	13.	TERMINATION. 

 13.1 Event of Default. If at any time an Event of Default
with respect to a Party has occurred and is then continuing, the other Party may, in addition to any other remedies available to such Party, terminate this Agreement by sending written notice of termination to the defaulting Party, which notice
shall be effective, subject to Section 13.3, upon receipt by the defaulting Party. 
 13.2 Termination by Stillwater.
Stillwater may terminate this Agreement by sending written notice of termination to Power Mount if Stillwater, in its sole discretion, has determined that the processing of Secondary Materials conflicts with Stillwater’s processing or
production goals. Notice of termination pursuant to this Section 13.2 shall be effective, subject to Section 13.3, upon the ninetieth (90th) day following Power
Mount’s receipt of such notice. 
 13.3 Effect of Notice of Termination. Upon notice of termination, Power Mount will make no
further shipments of Secondary Materials to Stillwater. Subject to Sections 4, 5 and 6 hereof and provided Stillwater has accepted the Lot of Secondary Materials, Stillwater shall process all Secondary Materials that Power Mount had offered
or shipped to Stillwater prior to termination. Until such time as all Secondary Materials delivered to Stillwater have been processed by Stillwater and payment for same has been received by Power Mount, this Agreement will continue in full force and
effect. Termination shall be without prejudice to any right of action or claim accrued on or before the date of termination or pursuant to applicable law. 

13.4 Survival. The provisions of Sections 4.3, 10, 13.3, 14, 16, 17 and 19 will survive termination. 

 

	14.	REFERRAL FEE PAYMENTS. 

 14.1 PM Suppliers. From time to time, Power Mount
may arrange with third party suppliers (each, a “PM Supplier”) to supply Secondary Materials directly to Stillwater. If Power Mount refers a PM Supplier to Stillwater and Stillwater enters into an agreement with such PM Supplier for
the purchase and sale of Secondary Materials, Stillwater will pay to Power Mount a referral fee (the “PM Referral Fee”) as determined pursuant to this Section 14.  

14.2 Calculation of PM Referral Fee. For each Lot of Secondary Materials delivered by a PM Supplier, Stillwater will calculate the
amount due the PM Supplier under its applicable agreement (the “PM Supplier Payment”). Stillwater will pay to Power Mount a PM Referral Fee based on the PM Supplier Payment but calculated instead by substituting the Referral Fee
Percentage (defined below) for each Metal for the stated return percentage for such Metal set forth in the agreement with the applicable PM Supplier (the “Applicable Supplier Percentage”). The “Referral Fee
Percentage” shall be, with respect to each Metal, the difference between (a) the Return Percentage and Treatment Charge set forth in this Agreement and (b) the Applicable Supplier Percentage. Stillwater will provide Power Mount
with advance written 

  
 12 

 
notice of the Applicable Supplier Percentages for each PM Supplier. If the Return Percentage or Treatment Charge under this Agreement or the Applicable Supplier Percentage under any agreement
with a PM Supplier are amended to increase or decrease such percentage, the Referral Fee Percentage shall be adjusted accordingly. The Referral Fee Percentage plus the Applicable Supplier Percentage for each Metal shall never exceed the Return
Percentage for such Metal under this Agreement. 
 14.3 Payment of the PM Referral Fee. The PM Referral Fees for all shipment
payments made to the PM Suppliers in any calendar month will be aggregated and paid to Power Mount within five (5) Business Days following the end of such calendar month. Stillwater may set-off any amounts that a PM Supplier owes to Stillwater
against any amounts that Stillwater owes to Power Mount for a PM Referral Fee on that specific PM Supplier. 
 14.4 Stillwater’s
Right to Terminate. Nothing in this Agreement shall limit Stillwater’s right to terminate or amend its agreement with any PM Supplier at any time for any reason or no reason. 

 

	15.	RELATIONSHIP OF THE PARTIES. 

 Nothing contained in this Agreement shall be deemed
to constitute either Party the partner of the other, nor, except as otherwise herein expressly provided, to constitute either Party the agent or legal representative of the other, nor to create any fiduciary relationship between them. It is not the
intention of the Parties to create, nor shall this Agreement be construed to create, any mining, commercial or other partnership. Neither Party shall have any authority to act for or to assume any obligation or responsibility on behalf of the other
Party, except as otherwise expressly provided herein. Each Party shall be responsible only for its obligations as herein set out and shall be liable only for its share of the costs and expenses as provided herein. Each Party shall indemnify, defend
and hold harmless the other Party, its directors, officers, employees, agents and attorneys from and against any and all losses, claims, damages and liabilities claimed by any third party or parties arising out of any act or any assumption of
liability by the indemnifying Party, or any of its directors, officers, employees, agents and attorneys done or undertaken, or apparently done or undertaken, on behalf of the other Party, except pursuant to the authority expressly granted herein or
as otherwise agreed in writing between the Parties. 
  

	16.	FORCE MAJEURE. 

 16.1 Definition. The term “Force Majeure”
as employed herein, shall mean acts of God, strikes, insurrections, lockouts or other labor or industrial disturbances, unavoidable accidents, uncontrollable delays in transportation, compliance with any state or federal laws, regulations or
requirements (expressly including inability to obtain necessary governmental approvals, licenses or permits on reasonably acceptable terms), inability to obtain timely refining of materials, actions of any competent governmental authority or agency,
court orders, future orders of any regulatory body having jurisdiction, acts of the public enemy, terrorist acts, wars (declared or undeclared), riots, sabotage, blockades, embargoes, shortages of or inability to secure fuel, power, contractors,
labor, raw materials, railroad or transport facilities, failure of, damage to or destruction of machinery, plant and equipment, earthquakes, snowslides, 

  
 13 

 
landslides, lightning, weather conditions materially preventing or impairing work, fires, storms, floods, washouts and explosions, or other matters beyond the reasonable control of the Party
obligated to perform, whether similar to matters herein specifically enumerated or not; provided, however, that performance shall be resumed within a reasonable period of time after such cause has been removed; and provided,
further, that neither Party shall be required against its will to adjust any labor dispute or to question the validity of or to refrain from judicially testing the validity of any federal, state or local order, regulation or statute. 

16.2 Effect of Occurrence. If either Party is rendered unable, wholly or in part, by Force Majeure applying to it, to carry out its
obligations under this Agreement, it is agreed that such obligations of such Party, so far as they are affected by such Force Majeure, shall be suspended during the continuance of any inability so caused, but for no longer period, and that the
various periods and terms provided for herein shall be extended for a period equivalent to such period of Force Majeure. The Party claiming that an event of Force Majeure has occurred will promptly notify the other Party of the commencement and
termination of any event of Force Majeure. 
  

	17.	NO IMPLIED COVENANTS. 

 There are no implied covenants contained in this Agreement
other than those of good faith and fair dealing. 
  

	18.	COMPLIANCE WITH LAWS. 

 To the extent applicable, the Parties agree to comply in
all material respects with all laws, ordinances, rules, codes, regulations and lawful orders of any federal, state or local governmental authority applicable to performance of this Agreement. Without limiting the generality of the foregoing,
(i) each Party represents that it will not engage in any business practice that is in violation of the Foreign Corrupt Practices Act of 1977, as amended, or applicable similar laws; and (ii) Power Mount shall comply with all Environmental
Laws applicable to the sorting, handling, testing, loading, transporting, and delivery of the Secondary Materials to Stillwater. Power Mount shall ensure that the Secondary Materials are properly contained, secured, labeled, marked, documented, and
inspected at all times during the course of sorting, handling, testing, loading, transporting, and delivering so as to comply with all applicable Environmental Laws. Power Mount shall further ensure that its employees, contractors, and agents have
been properly trained and are properly supervised with respect to the sorting, handling, testing, loading, transporting, and delivery of the Secondary Materials to Stillwater. If Power Mount engages third parties for the requirements outlined
herein, Power Mount shall exercise due care to select persons who will perform the functions to the same standards required by the Power Mount herein. Power Mount shall monitor such third parties to ensure that such persons comply with all
applicable Environmental Laws for sorting, handling, testing, loading, transporting, and delivering Secondary Materials to Stillwater. 
  

	19.	MISCELLANEOUS. 

 19.1 Entire Agreement. This Agreement represents the
complete agreement between the Parties hereto and supersedes all prior or contemporaneous oral or written agreements between Power Mount and Stillwater to the extent they relate in any way to the subject matter hereof. 

  
 14 

 19.2 Binding Effect; Assignment. This Agreement shall bind and inure to the benefit of and
be enforceable by the Parties hereto and may not be assigned by either Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, the consent of Power Mount shall not
be required with respect to (a) any assignment by Stillwater to provide security in connection with any financing, expressly including, by way of example and not limitation, assignments of royalty, overriding royalties or net profits interests
or production payments, or (b) any merger, consolidation or other reorganization or transfer by operation of law involving Stillwater or any purchase or sale of substantially all of the assets of Stillwater, provided that, as to this clause
(b), Stillwater notifies Power Mount of the assignment and the name and address of the assignee, 
 19.3 Amendment and Waiver. Except
as otherwise provided herein, no modification, amendment or waiver of any provision of this Agreement shall be effective against either Party unless such modification, amendment or waiver is approved in writing by the Parties hereto. The failure by
either Party to demand strict performance and compliance with any part of this Agreement shall not be deemed to be a waiver of the rights of such Party under this Agreement or by operation of law. Any waiver by either Party of a breach of any
provision of this Agreement shall not operate as or be construed as a waiver of any subsequent breach thereof. 
 19.4 Notices.
Unless otherwise stated in this Agreement, any notice, election, report or other correspondence (collectively, “Notices”) required or permitted hereunder shall be in writing and (i) delivered personally to the individual listed
below for Notices (or an officer) of the party to whom directed; (ii) sent by registered or certified United States mail, postage prepaid, return receipt requested; (iii) sent by reputable overnight courier; (iv) sent by facsimile
transmission with confirmation of receipt; or (v) to the extent specifically provided for in this Agreement, sent by email. All such Notices shall be addressed to the party to whom directed as follows: 

 

					
		 	If to Stillwater:                    	  	 Stillwater Mining Company
 1600 1st Ave. South
 Columbus, Montana 59019

Attn: Metals Marketing Department
 Phone: 406-373-8711 or
406-373-8883
 Facsimile: 406-322-6357
 Email:
JBinando@stillwatermining.com

  
 15 

					
		 	With copies to:	  	 Stillwater Mining Company
 1321 Discovery
Drive
 Billings, Montana 59102
 Attn: Smelter Manager

Phone: 406-322-8901
 Facsimile: 406-322-5975

Email: GRoset@stillwatermining.com
 Attn: Secondary Business
Supervisor
 Phone: 406-322-8904
 Facsimile: 406-322-5975

Email: MGaustad@stillwatermining.com

			
		 	 In the event of notices
 sent pursuant to

Section 12 and
 Section 13, with

copies to:
	  	 Stillwater Mining Company
 1321 Discovery
Drive
 Billings, Montana 59102
 Attn: General Counsel

Phone: 406-373-8792
 Facsimile: 406-373-8701

Email: BWadman@stillwatermining.com

			
		 	If to Power Mount:	  	 Power Mount Incorporated
 2260 Highway
192
 Somerset, KY 42501
 Attn: Paul Meece, President

Phone: 606-678-5584
 Facsimile: 606-679- 4188

Email: DMeece@powermount.net

 Either party may, from time to time, change its address for future Notices hereunder by Notice in accordance with this
Section 19.4. All Notices shall be complete and deemed to have been given or made (i) when delivered personally to an officer of the party to whom delivered, (ii) within three (3) Business Days of when sent if sent via
registered or certified United States mail; (iii) when sent if sent by reputable overnight courier, (iv) when receipt is confirmed if sent by facsimile transmission; or (v) when sent if sent via email. 

19.5 Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in an respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect the
validity, legality or enforceability of any other provision of this Agreement in such jurisdiction or affect the validity, legality or enforceability of any provision in any other jurisdiction, but this Agreement shall be reformed, construed and
enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 
 19.6 Governing
Law. The Parties are domiciled in two different states. In order to create greater certainty with respect to their legal rights and obligations under this Agreement, the Parties desire to adopt as the substantive law of this Agreement the laws
of a state that has a 

  
 16 

 
well developed commercial law and precedent and that is not the domicile of either party. The Parties hereby agree that this Agreement shall be construed in accordance with the laws of the State
of Colorado as though this Agreement were performed in full in the State of Colorado, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Colorado or any other jurisdiction) that would cause the
application of the laws of any jurisdiction other than the State of Colorado. 
 19.7 Counterparts. This Agreement may be executed in
counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. 
 19.8 Waiver of Jury
Trial; Jurisdiction. ANY CONTROVERSY OR CLAIM BETWEEN THE PARTIES ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY AGREEMENTS OR INSTRUMENTS RELATING HERETO OR DELIVERED IN CONNECTION HEREWITH SHALL BE TRIED TO A COURT AND NOT A JURY. EACH PARTY
WAIVES ITS RIGHTS TO A JURY. THE PARTIES STIPULATE THAT ALL LITIGATION UNDER THIS AGREEMENT WILL BE BROUGHT IN THE FEDERAL DISTRICT COURT LOCATED IN THE CITY AND COUNTY OF DENVER, COLORADO, AND EACH OF THE PARTIES HEREBY SUBMITS TO THE PERSONAL
JURISDICTION OF SUCH COURT. 
 19.9 Counterparts; Construction. This Agreement may be executed in counterparts, each of which
shall be deemed an original and all of which together shall constitute one instrument. The Parties agree that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be applied in the
construction or interpretation of this Agreement. The Parties acknowledge that each of them has had the benefit of legal counsel of its own choice and has been afforded an opportunity to review this Agreement with its legal counsel and that this
Agreement shall be construed as if jointly drafted by Stillwater and Power Mount. 
 19.10 Further Documents. At the request of
either Party, the Parties shall execute and deliver any further instruments, agreements, documents or other papers reasonably requested by that Party to effect the purposes of this Agreement and the transactions contemplated hereby 

[SIGNATURE PAGE FOLLOWS.] 

  
 17 

 IN WITNESS WHEREOF, the Parties have executed this instrument effective as of the date first
above written. 
  

									
	STILLWATER MINING COMPANY	 		 	POWER MOUNT INCORPORATED
					
	By:	 	 /s/ Terrell Ackerman
	 		 	By:	 	 /s/ Paul Meece

	Name: Terrell I. Ackerman	 		 	Name: Paul Meece
	Title: Interim - Chief Executive Officer	 		 	Title: President

  
 18 

 APPENDIX A 
  

 

  
 A-1 

 APPENDIX B 

Example - Payment Calculations 

Pursuant to an emailed request for price quote, Power Mount offers 100 Platinum Ounces, 50 Palladium Ounces and 25 Rhodium Ounces to
Stillwater with an Estimated Delivery Date of 30 days from the date of the request for price quote. Power Mount elects to set a Purchase Price 20 days prior to the Estimated Delivery Date. Stillwater sets the Purchase Price at $1,800 per ounce for
Platinum, $800 per ounce for Palladium and $2,400 per ounce for Rhodium. Power Mount sends Shipping Documentation to Stillwater four days prior to the Estimated Delivery Date. 

Stillwater determines the Offered Metal Value to be $268,000 and agrees to make a Prepayment three days prior to the Estimated Delivery Date.
Stillwater’s Cost of Borrowing at the time of the Prepayment is 7.5% and at the time of the Final Payment is 7.5%. The Value Date is the 84th day following delivery of the Lot at the
Facility. There is no exchange of assays; therefore, the Final Payment Date is 33 days (based on completion of final assays) following delivery of the Lot to Stillwater. 

Prepayment. Stillwater makes a Prepayment to Power Mount calculated as follows: 

 

					
	 Offered Metal Value Multiplied by [***]
	  	$	[***]	  
	 Less:
	  			
	 Prepayment Finance Charge (product of (a) $[***], (b) .075 and (c) 87/360
	  	 	[***]	  
		  	  
	  
	 
	 Prepayment
	  	$	[***]	  

 Final Payment. Final Ounces contained of each Metal are determined to be as follows: 98 ounces of
Platinum, 48 ounces of Palladium and 23 ounces of Rhodium. The Final Payment owed to Power Mount would be calculated as follows: 
  

					
	 Sum of the Final Lot Values
	  	$	258,588	  
	 Less:
	  			
	 Final Treatment Charge
	  	 	[***]	  
	 Prepayment
	  	 	[***]	  
	 Prepayment Finance Charge
	  	 	[***]	  
	 Final Payment Finance Charge (product of (a) [***] (b) .075 and (c) 51/360
	  	 	[***]	  
		  	  
	  
	 
	 Final Payment
	  	$	[***]	  

  
 B-1 

 SCHEDULE 1 

TERMS 
  

	1.	Prepayment Percentage: [***] 

  

	2.	Return Percentage: 

 Platinum – [***] 

Palladium – [***] 
 Rhodium
– [***] 
  

	3.	Treatment Charge 

 [***] wet lb. of catalyst received and accepted 

  
 B-2

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