Document:

Exhibit 10.3

 

EMPLOYMENT
AGREEMENT

 

This
EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of September 2, 2018 (the “Effective Date”),
by and between Hitek Global, Inc., incorporated under the laws of the Cayman Islands (the “Company”), and Tianyu
Xia, an individual (the “Chief Financial Officer (CFO)”). Except with respect to the direct employment of the
CFO by the Company, the term “Company” as used herein with respect to all obligations of the CFO hereunder shall be
deemed to include the Company and all of its subsidiaries and affiliated entities (collectively, the “Group”).

 

RECITALS

 

A.
The Company desires to employ Tianyu Xia as its CFO and to assure itself of the services of the CFO during the term of Employment
(as defined below).

 

B.
Tianyu Xia desires to be employed by the Company as its CFO during the term of Employment and upon the terms and conditions of
this Agreement.

 

AGREEMENT

 

The
parties hereto agree as follows:

 

	1.	POSITION

 

Tianyu
Xia hereby accepts a position of CFO (the “Employment”) of the Company.

 

	2.	TERM

 

	 	Subject
    to the terms and conditions of this Agreement, the initial term of the Employment shall be three years commencing on the Effective
    Date, unless terminated earlier pursuant to the terms of this Agreement. The Employment will be renewed automatically for
    additional one-year terms if neither the Company nor the CFO provides a notice of termination of the Employment to the other
    party or otherwise proposes to re-negotiate the terms of the Employment with the other party within three months prior to
    the expiration of the applicable term.

 

	3.	DUTIES
    AND RESPONSIBILITIES

 

	 	(a)	The
    CFO’s duties at the Company will include all jobs assigned by the Company’s Board of the Directors (the “Board”).

 

	 	(b)	The
    CFO shall devote all of her working time, attention and skills to the performance of her duties at the Company and shall faithfully
    and diligently serve the Company in accordance with this Agreement, the Certificate of Incorporation and Bylaws of the Company,
    as amended and restated from time to time (the “Charter Documents”), and the guidelines, policies and procedures
    of the Company approved from time to time by the Board.

 

	 	(c)	The
    CFO shall use her best efforts to perform her duties hereunder. The CFO shall not, without the prior written consent of the
    Board, become an employee of any entity other than the Company and any subsidiary or affiliate of the Company, and shall not
    be concerned or interested in any business or entity that engages in the same business in which the Company engages (any such
    business or entity, a “Competitor”), provided that nothing in this clause shall preclude the CFO from holding
    any shares or other securities of any Competitor that is listed on any securities exchange or recognized securities market
    anywhere if such shares or securities represent less than 5% of the competitors outstanding shares and securities. The CFO
    shall notify the Company in writing of her interest in such shares or securities in a timely manner and with such details
    and particulars as the Company may reasonably require.

 

    1

     

    

 

	4.	NO
BREACH OF CONTRACT

 

The
CFO hereby represents to the Company that: (i) the execution and delivery of this Agreement by the CFO and the performance
by the CFO of the CFO’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other
agreement or policy to which the CFO is a party or otherwise bound, except for agreements entered into by and between the CFO
and any member of the Group pursuant to applicable law, if any; (ii) that the CFO has no information (including, without
limitation, confidential information and trade secrets) relating to any other person or entity which would prevent, or be violated
by, the CFO entering into this Agreement or carrying out her duties hereunder; (iii) that the CFO is not bound by any confidentiality,
trade secret or similar agreement (other than this) with any other person or entity except for other member(s) of the Group, as
the case may be.

 

	5.	Intentionally
Omitted

  

	6.	COMPENSATION
AND BENEFITS

 

	 	(a)	Base
    Salary. The CFO’s initial base salary shall be $60,000 and such compensation is subject to annual review and
    adjustment by the Board.

 

	 	(b)	Bonus.
    The CFO shall be eligible for Bonuses determined by the Board. 

 

	 	(c)	Equity
    Incentives. To the extent the Company adopts and maintains a share incentive plan, the CFO will be eligible to participate
    in such plan pursuant to the terms thereof as determined by the Board.

 

	 	(d)	Benefits.
    The CFO is eligible for participation in any standard employee benefit plan of the Company that currently exists or may be
    adopted by the Company in the future, including, but not limited to, any retirement plan, life insurance plan, health insurance
    plan and travel/holiday plan.

 

	 	(e)	Expenses.
    The CFO shall be entitled to reimbursement by the Company for all reasonable ordinary and necessary travel and other expenses
    incurred by the CFO in the performance of her duties under this Agreement; provided that she properly accounts for such expenses
    in accordance with the Company’s policies and procedures.

 

	7.	TERMINATION
OF THE AGREEMENT

 

	 	(a)	By
    the Company.

 

(i) For
Cause. The Company may terminate the Employment for cause, at any time, without notice or remuneration (unless notice or
remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance
with applicable law), if:

 

(1)
the CFO is convicted or pleads guilty to a felony or to an act of fraud, misappropriation or embezzlement,

 

(2)
the CFO has been grossly negligent or acted dishonestly to the detriment of the Company,

 

(3)
the CFO has engaged in actions amounting to willful misconduct or failed to perform her duties hereunder and such failure continues
after the CFO is afforded a reasonable opportunity to cure such failure; or

 

(4)
the CFO violates Section 8 or 10 of this Agreement.

 

Upon
termination for cause, the CFO shall be entitled to the amount of base salary earned and not paid prior to termination. However,
the CFO will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the
CFO’s right to all other benefits will terminate, except as required by any applicable law.

 

    2

     

    

 

(ii) For
death and disability. The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice
or remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance
with applicable law), if:

 

(1)
the CFO has died, or

 

(2)
the CFO has a disability which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders
the CFO unable to perform the essential functions of her employment with the Company, with or without reasonable accommodation,
for more than 120 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer
period would apply.

 

Upon
termination for death or disability, the CFO shall be entitled to the amount of base salary earned and not paid prior to termination.
However, the CFO will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination,
and the CFO’s right to all other benefits will terminate, except as required by any applicable law.

 

(iii) Without
Cause. The Company may terminate the Employment without cause, at any time, upon one-month prior written notice. Upon termination
without cause, the Company shall provide the following severance payments and benefits to the CFO: (1) a lump sum cash payment
equal to 12 months of the CFO’s base salary as of the date of such termination; (2) a lump sum cash payment equal to
a pro-rated amount of her target annual bonus for the year immediately preceding the termination, if any; (3) payment of
premiums for continued health benefits under the Company’s health plans for 12 months fo1lowing the termination, if any;
and (4) immediate vesting of 100% of the then-unvested portion of any outstanding equity awards held by the CFO.

 

Upon
termination without, the CFO shall be entitled to the amount of base salary earned and not paid prior to termination.

 

(iv) Change
of Control Transaction. If the Company or its successor terminates the Employment upon a merger, consolidation, or transfer
or sale of all or substantially all of the assets of the Company with or to any other individual(s) or entity (the “Change
of Control Transaction”), the CFO shall be entitled to the following severance payments and benefits upon such termination:
(1) a lump sum cash payment equal to 12  months of the CFO’s base salary at a rate equal to the greater of her/her
annual salary in effect immediate1y prior to the termination, or her/her then current annua1 salary as of the date of such termination;
(2) a lump sum cash payment equal to a pro-rated amount of her/her target annual bonus for the year immediately preceding
the termination; (3) payment of premiums for continued health benefits under the Company’s health plans for 12 months
fo1lowing the termination; and (4) immediate vesting of 100% of the then-unvested portion of any outstanding equity awards
held by the CFO.

 

	 	(b)	By
    the CFO. The CFO may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there
    is a material reduction in the CFO’s authority, duties and responsibilities, or (2) there is a material reduction
    in the CFO’s annual salary. Upon the CFO’s termination of the Employment due to either of the above reasons, the
    Company shall provide compensation to the CFO equivalent to 12 months of the CFO’s base salary that she is entitled
    to immediately prior to such termination. In addition, the CFO may resign prior to the expiration of the Agreement if such
    resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

 

	 	(c)	Notice
    of Termination. Any termination of the CFO’s employment under this Agreement shall be communicated by written
    notice of termination from the terminating party to the other party. The notice of termination shall indicate the specific
    provision(s) of this Agreement relied upon in effecting the termination.

 

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	8.	CONFIDENTIALITY
AND NON-DISCLOSURE

 

	 	(a)	Confidentiality
    and Non-disclosure. The CFO hereby agrees at all times during the term of the Employment and after her termination, to
    hold in the strictest confidence, and not to use, except for the benefit of the Company, or to disclose to any person, corporation
    or other entity without prior written consent of the Company, any Confidential Information. The CFO understands that “Confidential
    Information” means any proprietary or confidential information of the Company, its affiliates, or their respective
    clients, customers or partners, including, without limitation, technical data, trade secrets, research and development information,
    product plans, services, customer lists and customers, supplier lists and suppliers, software developments, inventions, processes,
    formulas, technology, designs, hardware configuration information, personnel information, marketing, finances, information
    about the suppliers, joint ventures, francherees, distributors and other persons with whom the Company does business, information
    regarding the skills and compensation of other employees of the Company or other business information disclosed to the CFO
    by or obtained by the CFO from the Company, its affiliates, or their respective clients, customers or partners, either directly
    or indirectly, in writing, orally or otherwise, if specifically indicated to be confidential or reasonably expected to be
    confidential. Notwithstanding the foregoing, Confidential Information shall not include information that is generally available
    and known to the public through no fault of the CFO.

 

	 	(b)	Company
    Property. The CFO understands that all documents (including computer records, facsimile and e-mail) and materials created,
    received or transmitted in connection with her work or using the facilities of the Company are property of the Company and
    subject to inspection by the Company at any time. Upon termination of the CFO’s employment with the Company (or at any
    other time when requested by the Company), the CFO will promptly deliver to the Company all documents and materials of any
    nature pertaining to her work with the Company and will provide written certification of her compliance with this Agreement.
    Under no circumstances will the CFO have, following her   termination, in her possession any property of the Company,
    or any documents or materials or copies thereof containing any Confidential Information.

 

	 	(c)	Former
    Employer Information. The CFO agrees that she has not and will not, during the term of her employment, (i) improperly
    use or disclose any proprietary information or trade secrets of any former employer or other person or entity with which the
    CFO has an agreement or duty to keep in confidence information acquired by CFO, if any, or (ii) bring into the premises
    of the Company any document or confidential or proprietary information belonging to such former employer, person or entity
    unless consented to in writing by such former employer, person or entity. The CFO will indemnify the Company and hold it harmless
    from and against all claims, liabilities, damages and expenses, including reasonable attorneys’ fees and costs of suit,
    arising out of or in connection with any violation of the foregoing.

 

	 	(d)	Third
    Party Information. The CFO recognizes that the Company may have received, and in the future may receive, from third parties
    their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality
    of such information and to use it only for certain limited purposes. The CFO agrees that the CFO owes the Company and such
    third parties, during the CFO’s employment by the Company and thereafter, a duty to hold all such confidential or proprietary
    information in the strictest confidence and not to disclose it to any person or firm and to use it in a manner consistent
    with, and for the limited purposes permitted by, the Company’s agreement with such third party.

 

This
Section 8 shall survive the termination of this Agreement for any reason. In the event the CFO breaches this Section 8, the Company
shall have right to seek remedies permissible under applicable law.

 

	9.	CONFLICTING
EMPLOYMENT.

 

The
CFO hereby agrees that, during the term of her employment with the Company, she will not engage in any other employment, occupation,
consulting or other business activity related to the business in which the Company is now involved or becomes involved during
the term of the CFO’s employment, nor will the CFO engage in any other activities that conflict with her obligations to
the Company without the prior written consent of the Company.

 

    4

     

    

 

	10.	NON-COMPETITION
AND NON-SOLICITATION

 

In
consideration of the salary paid to the CFO by the Company and subject to applicable law, the CFO agrees that during the term
of the Employment and for a period of one (1) year following the termination of the Employment for whatever reason:

 

	 	(a)	The
    CFO will not approach clients, customers or contacts of the Company or other persons or entities introduced to the CFO in
    the CFO’s capacity as a representative of the Company for the purposes of doing business with such persons or entities
    which will harm the business relationship between the Company and such persons and/or entities;

 

	 	(b)	The
    CFO will not assume employment with or provide services as a director or otherwise for any Competitor, or engage, whether
    as principal, partner, licensor or otherwise, in any Competitor; and

 

	 	(c)	The
    CFO will not seek, directly or indirectly, by the offer of alternative employment or other inducement whatsoever, to solicit
    the services of any employee of the Company employed as at or after the date of such termination, or in the year preceding
    such termination.

 

The
provisions contained in Section 10 are considered reasonable by the CFO and the Company. In the event that any such provisions
should be found to be void under applicable laws but would be valid if some part thereof was deleted or the period or area of
application reduced, such provisions shall apply with such modification as may be necessary to make them valid and effective.

 

Ther
Section 10 shall survive the termination of this Agreement for any reason. In the event the CFO breaches this Section 10, the
CFO acknowledges that there will be no adequate remedy at law, and the Company shall be entitled to injunctive relief and/or a
decree for specific performance, and such other relief as may be proper (including monetary damages if appropriate). In any event,
the Company shall have right to seek all remedies permissible under applicable law.

 

	11.	WITHHOLDING
TAXES

 

Notwithstanding
anything else herein to the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any amounts
otherwise due or payable under or pursuant to this Agreement such national, provincial, local or any other income, employment,
or other taxes as may be required to be withheld pursuant to any applicable law or regulation.

 

	12.	ASSIGNMENT

 

This
Agreement is personal in its nature and neither of the parties hereto shall, without the consent of the other, assign or transfer
this Agreement or any rights or obligations hereunder; provided, however, that (i) the Company may assign or transfer this
Agreement or any rights or obligations hereunder to any member of the Group without such consent, and (ii) in the event of
a Change of Control Transaction, this Agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit
of such successor and such successor shall discharge and perform all the promises, covenants, duties, and obligations of
the Company hereunder.

 

	13.	SEVERABILITY

 

If
any provision of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or
applications of this Agreement which can be given effect without the invalid provisions or applications and to this end the provisions
of this Agreement are declared to be severable.

 

    5

     

    

 

	14.	ENTIRE
AGREEMENT

 

This
Agreement constitutes the entire agreement and understanding between the CFO and the Company regarding the terms of the Employment
and supersedes all prior or contemporaneous oral or written agreements concerning such subject matter, including any prior agreements
between the CFO and a member of the Group. The CFO acknowledges that she has not entered into this Agreement in reliance upon
any representation, warranty or undertaking which is not set forth in this Agreement. Any amendment to this Agreement must be
in writing and signed by the CFO and the Company.

 

	15.	GOVERNING
LAW; JURISDICTION

 

This
Agreement shall be governed by and construed in accordance with the laws of the Cayman Islands and each of the parties irrevocably
consents to the jurisdiction and venue of the courts located in Cayman Islands.

 

	16.	AMENDMENT

 

Ther
Agreement may not be amended, modified or changed (in whole or in part), except by a formal, definitive written agreement expressly
referring to this Agreement, which agreement is executed by both of the parties hereto.

 

	17.	WAIVER

 

Neither
the failure nor any delay on the part of a party to exercise any right, remedy, power or privilege under this Agreement shall
operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other
or further exercise of the same or of any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power
or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to
any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted
such waiver.

 

	18.	NOTICES

 

All
notices, requests, demands and other communications required or permitted under this Agreement shall be in writing and shall be
deemed to have been duly given and made if (i) delivered by hand, (ii) otherwise delivered against receipt therefor,
or (iii) sent by a recognized courier with next-day or second-day delivery to the last known address of the other party.

 

	9.	COUNTERPARTS

 

This
Agreement may be executed in any number of counterparts, each of which shall be deemed an original as against any party whose
signature appears thereon, and all of which together shall constitute one and the same instrument. This Agreement shall become
binding when one or more counterparts hereof, individually or taken together, shall bear the signatures of all of the parties
reflected hereon as the signatories.

 

Photographic
copies of such signed counterparts may be used in lieu of the originals for any purpose.

 

	20.	NO
INTERPRETATION AGAINST DRAFTER

 

Each
party recognizes that this Agreement is a legally binding contract and acknowledges that it, he or she has had the opportunity
to consult with legal counsel of choice. In any construction of the terms of this Agreement, the same shall not be construed against
either party on the basis of that party being the drafter of such terms.

 

[Remainder
of this page has been intentionally left blank.]

 

    6

     

    

 

IN
WITNESS WHEREOF, this Agreement has been executed as of the date first written above.

 

	 	Hitek
    Global, Inc.
	 	 	 
	 	By:	/s/
    Shenping     Yin
	 	Name:	Shenping
Yin
	 	Title:	Chairman
       

 

	 	CFO
	 	 	                           
	 	Signature:	/s/
    Tianyu     Xia
	 	Name:	Tianyu
    Xia

 

    7EX-4.4

 Exhibit 4.4 

FORM OF DEBT SECURITY 
 [Face of Security]

 DEXCOM, INC. 
 [If applicable,
insert—FOR PURPOSES OF THE ORIGINAL ISSUE DISCOUNT PROVISIONS OF THE INTERNAL REVENUE CODE OF 1986, THE ISSUE PRICE OF THIS SECURITY IS     % OF ITS PRINCIPAL AMOUNT AT STATED MATURITY SET FORTH BELOW (ITS “PRINCIPAL
AMOUNT”), THE AMOUNT OF ORIGINAL ISSUE DISCOUNT IS     % OF ITS PRINCIPAL AMOUNT, THE YIELD TO MATURITY IS     % AND THE ISSUE DATE IS ] 

[IF THE SECURITY IS A GLOBAL SECURITY, INSERT—THIS NOTE IS A GLOBAL SECURITY. IT IS EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN
THE DEPOSITARY (AS HEREINAFTER DEFINED) OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES HEREINAFTER DESCRIBED AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE
DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY TO A SUCCESSOR OF THE DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.] 

 

					
	 No.
	  	$	 	 
		  	 
	CUSIP
No.    	 
 

 DexCom, Inc., a Delaware Corporation (herein called the “Company”, which term includes any successor corporation
under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to, or registered assigns, the principal sum of Dollars on [if Security is to bear interest prior to maturity, insert—, and to pay interest
thereon from or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on and in each year, commencing , at the rate of     % per annum, until the principal hereof is paid
or made available for payment [if applicable, insert—, provided that any principal and premium, and any such installment of interest, which is overdue shall bear interest at the rate of     % per annum (to the extent that
the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand]. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Record Date for such interest,
which shall be the or (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Record Date
and may either be paid to the Person this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be
given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of
this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. [If the Security is not to bear interest prior to maturity, insert—The principal of this Security shall not bear
interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of     % per
annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand.
[Any such interest on overdue principal or premium which is not paid on demand shall bear interest at the rate of     % per annum (to the extent that the payment of such interest on interest shall be legally enforceable), from
the date of such demand until the amount so demanded is paid or made available for payment. Interest on any overdue interest shall be payable on demand.]]. 

Payment of the principal of (and premium, if any, on) and [any such] interest on this Security will be made at the office or agency of the Company maintained
for that purpose in in such coin or currency of [the United States of America] as at the time of payment is legal tender for payment of public and private debts[; provided, however, that at the option of the Company payment of interest may be made
by check mailed to the address of the Person entitled thereto as such address shall appear in the Register]. 
 Reference is hereby made to the further
provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. 

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

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

  

							
	Dated:	 		 	DexCom, Inc.
				
		 		 	By	 	  

				
		 		 		 	[Title]
				
	Attest and Countersign	 		 		 	
				
	 Secretary
	 		 		 	

 [Reverse of Security.] 

DEXCOM, INC. 
 This Security is one of a
duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued in one or more series under an Indenture dated as of , (herein called the “Indenture,” which term shall have the meaning
assigned to it in such instrument), between the Company and , as trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is
hereby made for a statement of the respective rights, limitations or rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated
and delivered. This Security is one of the series designated on the face hereof [, limited in aggregate principal amount to $            ]. 

[If the Security is to be subordinated, insert—The indebtedness evidenced by this Security is, to the extent and in the manner set forth in the
Indenture, expressly subordinated and subject in right of payment to the prior payment in full of all Senior Indebtedness (as defined in the Indenture) of the Company. This Security is issued subject to such provisions of the Indenture, and each
Holder of this Security, by accepting the same, agrees to and shall be bound by such provisions and authorizes and directs the Trustee on the Holder’s behalf to take such action as may be necessary or appropriate to acknowledge or effectuate
such subordination as provided in the Indenture and appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes.] 

The Securities of this series are subject to redemption upon not less than 30 days’, and no more than 60 days, notice provided in the manner set forth in
the Indenture, [(1) on in any year commencing with the year and ending with the year at the Redemption Price equal to 100% of the principal amount, and (2)] at any time [on or after], as a whole or in part, at the election of the principal the
following Redemption Prices (expressed as percentages of the principal amount): If redeemed [on or before ,     %, and if redeemed] during the 12-month period beginning of the years
indicated, 
  

							
	 Year
	  	Redemption
Price	  	 Year
	  	 Redemption
Price

	            	  		  		  	
	            	  		  		  	
	            	  		  		  	

 and thereafter at a Redemption Price equal to     % of the principal amount together in the case of any
such redemption with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities of record at the close of business on the relevant
record dates referred to on the face hereof, all as provided in the Indenture. 
 [If the Security is to be redeemable in part, insert—In the event of
redemption of this Security in part only, a new Security or Securities of this series for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.] 

[If the Security is to be subject to repayment at the option of the Holder, insert—To be repaid at the option of the Holder, the Company must receive
this Security, with the form of “Option to Elect Repayment” hereon duly completed, at an office or agency of the Company maintained for that purpose in (or at such other place of which the Company shall from time to time notify the Holder
of this Security) not less than nor more than days prior to the Repayment Date. The exercise of the repayment option by the Holder shall be irrevocable.] 

[If the Security is not to be subject to redemption at the option of the Company, insert—The Securities are not redeemable at the option of the Company
prior to Maturity.] 
 [If the Security is not to be an Original Issue Discount Security, insert—If an Event of Default with respect to Securities of
this series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.] 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company
and the rights of the Holders of the Securities of each series under the Indenture to be affected at any time by the Company with the consent of the Holders of not less than a majority in aggregate principal amount of the Securities at the time
Outstanding of each series to be affected. 
 The Indenture also contains provisions permitting the Holders of a majority in principal amount of the
Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their
consequences. Any such consent or waiver by the 

 
Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof, whether or not notation of such consent of waiver is made upon this Security. 
 As provided in and subject to the
provisions of the indenture, the Holder of this Security shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall
have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series , the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall
have made written request to the trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity satisfactory to it, and the Trustee shall not have received from the Holders of a majority
in principal amount of Securities of this series at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity.
The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

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

[If the Security is to be in registered form, insert—As provided in the Indenture and subject to certain limitations therein set forth, the transfer of
this Security is registrable in the Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any, on) and interest on this Security are
payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and, thereupon one or more new
Securities of this series, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.] 

[The Securities of this series are issuable only in registered form in denominations of
$             [and any integral multiple] [or increments of $             in excess] thereof. As provided in the Indenture and
subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series of a different authorized denomination, as requested by the Holder surrendering the
same.] 
 [No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith.] 
 [Prior to due presentment of this Security for registration of transfer, the
Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor
any such agent shall be affected by notice to the contrary.] 
 [If the Security is a Global Security, insert—“Global Security” and
“Global Securities” means a Security or Securities evidencing all or a part of a series of Securities, issued to the Depositary (as hereinafter defined) for such Series or its nominee, and registered in the name of such Depositary or its
nominee. “Depositary” means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or more Global Securities, the person designated as the Depositary by the Company. 

No holder of any beneficial interest in this Security held on its behalf by a Depositary or a nominee of such Depositary shall have any rights under the
Indenture with respect to such Global Security, and such Depositary or nominee may be treated by the Company, the Trustee, and any agent of the Company or the Trustee as the owner of such Global Security for all purposes whatsoever. Notwithstanding
the foregoing, nothing herein shall impair, as between a Depositary and such holders of beneficial interests, the operation of customary practices governing the exercise of the rights of the Depositary as Holder of any Security. 

This Security is exchangeable, in whole but not in part, for Securities registered in the names of Persons other than the Depositary or its nominee or in the
name of a successor to the Depositary or a nominee of such successor depositary only if (i) the Depositary notifies the Company that it is unwilling or unable to continue as Depositary for this Note or if at any time such Depositary ceases to
be a clearing agency registered under the Securities Exchange Act of 1934, as amended, and, in either case, a successor depositary is not appointed by the Company within 90 days, (ii) the Company in its discretion at any time determines not to
have all of the Securities of this series represented by one or more Global Security or Securities and notifies the Trustee thereof, or (iii) an Event of Default has occurred and is continuing with respect to the Securities of this series. If
this Security is exchangeable pursuant to the preceding sentence, it shall be exchangeable for Securities issuable in authorized denominations and registered in such names as the Depositary holding this Security shall direct. Subject to the
foregoing, this Security is not exchangeable, except for a Security or Securities of the same aggregate denominations to be registered in the name of such Depositary or its nominee or in the name of a successor to the Depositary or a nominee of such
successor depositary.] 

 [The Indenture entitles Holders to receive annual reports with respect to the Trustee’s eligibility and
qualifications to serve as Trustee by filing their names and addresses with the Trustee for that purpose within two years preceding and mailing of any such annual report.] 

No recourse shall be had for the payment of the principal of (and premium, if any, on) or interest on this Security, or for any claim based hereon, or
otherwise in respect hereof, or based on or in respect of the Indenture of any indenture supplemental thereto, against any incorporator, stockholder, officer or director, as such, past, present or future, of the Company or any successor corporation,
whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issue hereof, expressly
waived and released. 
 All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

This Security, including without limitation the obligation of the Company contained herein to pay the principal of (and premium, if any, on) and interest on
this Security in accordance with the terms hereof and of the Indenture, shall be construed in accordance with and governed by the laws of the State of New York. 
  

			
	[Trustee’s Certificate of Authentication.]
	
	This is one of the Securities of the series designated herein referred to in the within-mentioned Indenture.
		
	, as	  	
	[Authenticating Agent for] the Trustee

			
		
	By	 	  

		
		 	Authorized Officer

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