Document:

Form of 6.50% Note due 2014

 Exhibit 4.1 
 [FACE OF NOTE] 
 THIS SECURITY IS A REGISTERED GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE
AND, UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO THE 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 ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 

 THE WESTERN UNION COMPANY 
  

			
	6.50% Note Due February 26, 2014	  	CUSIP: 959802AJ8
		
	No. R-1	  	$500,000,000

 The Western Union Company, a Delaware corporation (the “Company”, which term
includes any successor under the Indenture hereinafter referred to), for value received, promises to pay to Cede & Co., or its registered assigns, the principal sum of FIVE HUNDRED MILLION DOLLARS ($500,000,000), or such other amount as
indicated on the Schedule of Exchanges of Notes attached hereto, on February 26, 2014. 
 Issue Date: February 26, 2009.

 Interest Payment Dates: February 26 and August 26, commencing August 26, 2009. 
 Regular Record Dates: February 11 and August 11. 
 Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which shall for all purposes have the same effect as if set forth at this place. 
 [Signature page follows] 
  

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 IN WITNESS WHEREOF, the Company has caused this Note to be signed manually or by facsimile by its
duly authorized officer. 
  

									
	Date: February 26, 2009	 		 	THE WESTERN UNION COMPANY
				
		 		 	By:	 	/s/ Scott E. Stevens
		 		 		 	Name:	 	Scott E. Stevens
		 		 		 	Title:	 	Senior Vice President and Treasurer

 Signature Page to Note 

 (Trustee’s Certificate of Authentication) 
 This is one of the Securities authorized to be issued pursuant to the Indenture referred to in this Note. 
  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	/s/ Gregory S. Clarke
		 	Authorized Signatory

 [REVERSE SIDE OF NOTE] 
 THE WESTERN UNION COMPANY 
 6.50% Note Due February 26, 2014 
  

	 	1.	Definitions. 

 Terms not otherwise
defined herein shall have the meanings ascribed to such terms in the Indenture dated as of November 17, 2006, as amended by the Supplemental Indenture dated September 6, 2007, between the Company and Wells Fargo Bank, National Association,
as Trustee (as amended from time to time, the “Indenture”). 
 “Comparable Treasury Issue”
means the United States Treasury security selected by the Quotation Agent as having a maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate notes of comparable maturity to the remaining term of such Notes. 
 “Comparable Treasury Price” means, with respect to any redemption date, (i) the average of three Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest such Reference
Treasury Dealer Quotations, or (ii) if the Quotation Agent obtains fewer than three such Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Primary Treasury Dealer” means a primary U.S. Government securities dealer in New York City. 
 “Quotation Agent” means the Reference Treasury Dealer appointed by the Company. 
 “Reference Treasury Dealer” means (i) Banc of America Securities LLC and one other Primary Treasury Dealer selected
by Wachovia Capital Markets, LLC, and their respective successors; provided, however, that if any of the foregoing shall cease to be a Primary Treasury Dealer, the Company will substitute therefor another Primary Treasury Dealer, and
(ii) any other Primary Treasury Dealer selected by the Company. 
 “Reference Treasury Dealer
Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of
its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. 
  

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 “Treasury Rate” means, with respect to any redemption date, the rate per
annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such
redemption date. 
  

	 	2.	Principal and Interest. 

 The
Company promises to pay the principal of this Note on February 26, 2014. 
 The Company promises to pay interest on the
principal amount of this Note on each interest payment date, as set forth on the face of this Note, at the rate of 6.50% per annum. 
 Interest shall be payable semiannually in arrears (to the holders of record of this Note at the close of business on the February 11 or August 11 immediately preceding the interest payment date) on each
interest payment date, commencing August 26, 2009. 
 Interest on this Note shall accrue from the most recent date to
which interest has been paid or provided for on this Note or the Note surrendered in exchange for this Note (or, if there is no existing default in the payment of interest and if this Note is authenticated between a regular record date and
the next interest payment date, from such interest payment date) or, if no interest has been paid, from the Issue Date. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. 
 Interest not paid when due and any interest on principal, premium or interest not paid when due shall be paid to the Persons that are
Holders on a special record date, which shall be the 15th day preceding the date fixed by the Company for the payment of such interest, whether or not such day is a Business Day. At least 15 days before a special record date, the Company shall send
to each Holder and to the Trustee a notice that sets forth the special record date, the payment date and the amount of interest to be paid. 
  

	 	3.	Indenture. 

 This is one of the
Securities issued under the Indenture. Capitalized terms used herein are used as defined in the Indenture unless otherwise indicated. The terms of this Note include those stated in or otherwise provided in accordance with the Indenture and those
made part of the Indenture by reference to the Trust Indenture Act. This Note is subject to all such terms, and Holders are referred to the Indenture and the Trust Indenture Act for a statement of all such terms. To the extent permitted by
applicable law, in the event of any inconsistency between the terms of this Note and the terms of the Indenture, the terms of this Note shall control. 
  

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 This Note is a general unsecured obligation of the Company. The Indenture does not limit
the original aggregate principal amount of the Notes, or any additional Securities that may be issued pursuant to the Indenture, and the Notes and all such additional Securities vote together for all purposes as a single class. 
  

	 	4.	Redemption and Repurchase; Change of Control Repurchase; Discharge Prior to Redemption or Maturity. 

 The Company may redeem the Notes at its option, in whole at any time or in part from time to time, at a redemption price equal to the
greater of (i) 100% of the principal amount of the Notes to be redeemed, and (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed
(not including any portion of such payments of interest accrued as of the date of redemption), discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 50
basis points plus, in each case, accrued interest thereon to the redemption date. 
 If a Change of Control Triggering Event
(as defined below) occurs, unless the Company has exercised its option to redeem the Notes as described above, the Company shall make an offer (the “Change of Control Offer”) to each holder of the Notes to repurchase all or any part
(equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that holder’s Notes on the terms set forth in this Section 4. In the Change of Control Offer, the Company shall offer payment in cash equal to 101% of the aggregate
principal amount of Notes repurchased, plus accrued and unpaid interest, if any, on the Notes repurchased to the date of repurchase (the “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event
or, at the option of the Company, prior to any Change of Control, but after public announcement of the transaction that constitutes or may constitute the Change of Control, a notice shall be mailed to holders of the Notes, describing the transaction
that constitutes or may constitute the Change of Control Triggering Event and offering to repurchase the Notes on the date specified in the applicable notice, which date shall be no earlier than 30 days and no later than 60 days from the date such
notice is mailed (the “Change of Control Payment Date”). The notice shall, if mailed prior to the date of consummation of the Change of Control, state that the Change of Control Offer is conditioned on the Change of Control
Triggering Event occurring on or prior to the applicable Change of Control Payment Date. 
  

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 On each Change of Control Payment Date, the Company shall, to the extent lawful:

  

	 	(1)	accept for payment all Notes or portions of Notes properly tendered pursuant to the applicable Change of Control Offer and not withdrawn; 

  

	 	(2)	deposit with the paying agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes properly tendered and not withdrawn; and

  

	 	(3)	deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions
of Notes being repurchased. 

 The Company shall not be required to make a Change of Control Offer upon the
occurrence of a Change of Control Triggering Event if a third party makes such an offer in the manner, at the times and otherwise in compliance with the requirements for an offer made by the Company and the third party purchases all Notes properly
tendered and not withdrawn under its offer. In addition, the Company shall not repurchase any Notes if there has occurred and is continuing on the Change of Control Payment Date an Event of Default under the Indenture, other than a default in the
payment of the Change of Control Payment upon a Change of Control Triggering Event. 
 The Company shall comply with the
requirements of Rule 14e-1 under the Securities and Exchange Act of 1934, as amended (the “Exchange Act”) and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection
with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control Offer provisions of the Notes, the Company shall comply
with those securities laws and regulations and shall not be deemed to have breached its obligations under the Change of Control Offer provisions of the Notes by virtue of any such conflict and compliance. 
 If holders of not less than 90% in aggregate principal amount of the outstanding Notes properly tender and do not withdraw the Notes in a
Change of Control Offer (or an offer made by a third party as described above) and the Company, or any third-party making an offer in lieu of the Company, as described above, purchase all of the Notes properly tendered and not withdrawn by such
holders, the Company or the third party making such offer shall have the right, upon not less than 30 nor more than 60 days’ prior notice, given not more than 30 days following such purchase pursuant to the Change of Control Offer or offer by
such third party described above, to redeem all Notes that remain outstanding following such purchase at a redemption price in cash equal to the applicable Change of Control Payment. 
  

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 For purposes of the Change of Control Offer provisions of the Notes, the following
definitions shall apply: 
 “Change of Control” means the occurrence of any of the following: (1) the
direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or more series of related transactions, of the Company’s assets and the assets of its subsidiaries substantially as
an entirety or as an entirety, taken as a whole, to any person, other than the Company or one of its subsidiaries; (2) the consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is that
any person becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the Company’s outstanding Voting Stock or other Voting Stock into which the Company’s Voting
Stock is reclassified, consolidated, exchanged or changed in such transaction, measured by voting power rather than number of shares; (3) the Company consolidates with, or merges with or into, any person, or any person consolidates with, or
merges with or into, the Company, in any such event pursuant to a transaction in which any of the Company’s outstanding Voting Stock or the Voting Stock of such other person is converted into or exchanged for cash, securities or other property,
other than any such transaction where the shares of the Company’s Voting Stock outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority of the outstanding Voting Stock of the surviving
person or any direct or indirect parent company of the surviving person immediately after giving effect to such transaction; (4) the first day on which a majority of the members of the Company’s board of directors are not Continuing
Directors; or (5) the adoption of a plan relating to the Company’s liquidation or dissolution. Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control under clause (2) or (3) above if
(i) the Company becomes a direct or indirect wholly owned subsidiary of a holding company and (ii)(A) the direct or indirect holders of the Voting Stock of such holding company immediately following that transaction are substantially the same
as the holders of the Company’s Voting Stock immediately prior to that transaction or (B) immediately following that transaction no person (other than a holding company satisfying the requirements of this sentence) is the beneficial owner,
directly or indirectly, of more than 50% of the Voting Stock of such holding company. The term “person,” as used in this definition, has the meaning given thereto in Section 13(d)(3) of the Exchange Act. 
 “Change of Control Triggering Event” means the occurrence of both a Change of Control and a Rating Event. 
  

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 “Continuing Directors” means, as of any date of determination, any
member of the Company’s board of directors who (1) was a member of such board of directors on the date the Notes were issued or (2) was nominated for election, elected or appointed to such board of directors with the approval of a
majority of the continuing directors who were members of such board of directors at the time of such nomination, election or appointment (either by a specific vote or resolution adopted by the Company’s board of directors or by approval by the
Company’s board of directors of the Company’s proxy statement in which such member was named as a nominee for election as a director, without objection by the Company’s board of directors to such nomination). 
 “Fitch” means Fitch Inc., and its successors. 
 “Investment Grade Rating” means a rating equal to or higher than BBB- (or the equivalent) by Fitch, Baa3 (or the
equivalent) by Moody’s and BBB- (or the equivalent) by S&P, and the equivalent investment grade credit rating from any replacement Rating Agency or Rating Agencies selected by the Company. 
 “Moody’s” means Moody’s Investors Service, Inc., and its successors. 
 “Rating Agencies” means (1) each of Fitch, Moody’s and S&P; and (2) if any or all of Fitch,
Moody’s or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Company’s control, a “nationally recognized statistical rating organization” within the meaning of
Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act selected by the Company (as certified by a resolution of the Company’s board of directors) as a replacement agency for Moody’s, Fitch or S&P, or all of them, as the case may be.

 “Rating Event” means the rating on the Notes is lowered by all three of the Rating Agencies from an
Investment Grade Rating to below an Investment Grade Rating, in any case on any day during the period (which period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the
Rating Agencies) commencing upon the first public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control and ending 60 days following the consummation of the Change of Control; provided,
however, that a Rating Event otherwise arising by virtue of a particular reduction in rating will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition
of Change of Control Triggering Event) if any of the Rating Agencies does not announce or publicly confirm or inform the Trustee in writing at the Company’s or its request that the reduction in ratings was the result, in whole or in part, of
any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable Change of Control has been consummated at the time of the Rating Event). 
  

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 “S&P” means Standard & Poor’s Ratings Services, a
division of The McGraw-Hill Companies, Inc., and its successors. 
 “Voting Stock” means, with respect to any
specified “person” (as that term is used in Section 13(d)(3) of the Exchange Act) as of any date, the capital stock of such person that is at the time entitled to vote generally in the election of the board of directors of such
person. 
 There is no sinking fund or mandatory redemption applicable to this Note. 
 If the Company deposits with the Trustee money or U.S. Government Obligations sufficient to pay the then outstanding principal of,
premium, if any, and accrued interest on this Note to redemption or maturity, the Company may in certain circumstances be discharged from the Indenture and the Notes or may be discharged from certain of its obligations under certain provisions of
the Indenture. 
  

	 	5.	Covenant Defeasance 

 The provisions
in Article 8 of the Indenture relating to Discharge and Defeasance (including Sections 8.01, 8.05 and 8.06) shall be applicable to the Notes, including the provisions relating to Change of Control Offers. 
  

	 	6.	Other Provisions. 

 With respect to
the Notes, Section 4.08(a) as set forth in the Indenture shall read as follows: “(a) the sum of the aggregate sale price of property involved in the Sale and Leaseback Transactions not otherwise permitted plus the aggregate amount of
indebtedness secured by Liens referred to in subsection (11) of the definition of “Permitted Liens” does not exceed the greater of $300 million or 15% of Consolidated Net Worth;”. 
 With respect to the Notes, subsection (11) of the definition of “Permitted Liens” as set forth in the Indenture shall read
as follows: “(11) Liens not otherwise permitted if the aggregate amount of the indebtedness secured by those Liens, plus the aggregate sales price of property involved in Sale and Leaseback Transactions referred to in Section 4.08(a), does
not exceed the greater of $300 million or 15% of Consolidated Net Worth.” 
  

	 	7.	Registered Form; Denominations; Transfer; Exchange. 

 The Notes are in registered form without coupons in denominations of $2,000 principal amount and any multiple of $1,000 in excess thereof. A Holder may register the transfer or exchange of Notes in accordance with the
Indenture. The Trustee may require a Holder to furnish appropriate endorsements and transfer documents and to pay any taxes and fees required by law or permitted by the Indenture. Pursuant to the Indenture, there shall be certain periods during
which the Trustee may not be required to issue, register the transfer of or exchange any Note or certain portions of a Note. 
  

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	 	8.	Defaults and Remedies. 

 If an Event
of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the outstanding Notes may declare all the Notes to be due and payable. Holders may not enforce the Indenture or the Notes except as provided in
the Indenture. The Trustee may require indemnity satisfactory to it before it enforces the Indenture or the Notes. Subject to certain limitations provided in the Indenture, Holders of a majority in principal amount of the Notes then outstanding may
direct the Trustee in its exercise of remedies. 
  

	 	9.	Amendment and Waiver. 

 The
Indenture and this Note may be amended, or default thereunder may be waived, in accordance with provisions set forth in the Indenture. 
  

	 	10.	Authentication. 

 This Note is not
valid until the Trustee (or Authenticating Agent) signs the certificate of authentication on the other side of this Note. 
  

	 	11.	Governing Law. 

 The laws of the
State of New York shall govern this Note, without regard to conflicts of law principles thereof. 
  

	 	12.	Abbreviations. 

 Customary
abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian) and
U/G/M/A/ (= Uniform Gifts to Minors Act). 
 The Company shall furnish a copy of the Indenture to any Holder upon written
request and without charge. 
  

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 [FORM OF TRANSFER NOTICE] 
 FOR VALUE RECEIVED the undersigned registered holder hereby sell(s), assign(s) and transfer(s) unto 
  

	
	Insert Taxpayer Identification No.
	
	 
	
	 
	(Please print or typewrite name and address including zip code of assignee)
	
	
	the within Note and all rights thereunder, hereby irrevocably constituting and appointing
	
	 

 attorney to transfer said Note on the books of the Company with full power of substitution in the premises.

 SCHEDULE OF EXCHANGES OF NOTES 
 The following exchanges of a part of this Registered Global Security for other Securities or a part of another Registered Global Security have been made: 
  

									
	 Date of Exchange
	 	 Amount of decrease
 in principal amount
 of this
Registered
 Global Security
	 	 Amount of increase
 in principal amount
 of this
Registered
 Global Security
	  	Principal amount of
this Registered
Global Security
following such
decrease (or
increase)	  	Signature of
authorized officer of
TrusteeLetter Agreement between the Company and Jean A Bua

 Exhibit 10.22 
 

 
 June 20, 2005 
 Ms. Jean A. Bua 
 21 Baron Road 
 Franklin, MA
02038 
 Dear Jean: 
 I am pleased to confirm our offer to you to
join American Tower Corporation in the position of Senior Vice President Finance, Corporate Controller in the Corporate Finance Department, reporting to me. Should you accept this offer, we will work together to determine your start date with the
Company. This employment offer is contingent on the completion of a background check, and you signing and returning the enclosed Application and Confidentiality Agreement. Please complete the forms and fax or mail it back along with this signed
offer letter to my attention. 
 Your starting base salary will be at the annualized rate of $250,000.00 and you will be eligible to participate in the Sr.
VP Bonus Plan that includes a 40% bonus potential based in general upon the performance of the Company and specifically upon the achievement of your goals and objectives. Paydays are scheduled on a bi-weekly basis. In addition you will accrue three
(3) weeks vacation per year and you will be granted the option to purchase one hundred thousand (100,000) shares of the Company’s common stock pursuant to American Tower Corporation’s Stock Option Plan the first business day of the
month following 90 days of employment. The terms and conditions of your stock option rights will be set forth in a stock option agreement and will commence on full execution of the stock option agreement. In addition, the Company will provide you a
parking space in the 116 Huntington garage. You will be eligible to participate in the Company’s other employee benefit plans, in accordance with the terms of those plans. More information on these programs will be provided during the
orientation process. Jean, we also spoke about reimbursement of interest expense you may incur as a result of exercising your existing equity rights. When you have more specifics we can discuss the reimbursement procedures. 
 Please be advised that your employment with American Tower Corporation is considered at will, which means that your employment may be terminated at any time with or
without cause by either you or the Company, with or without advance notice. However, should your employment with the Company be terminated other than for Cause, or if you decide to leave the Company for Good Reason, you will receive the following
benefits: 
  

	 	a.	Bi-weekly payment of then-current salary prior to any material reduction, if any, for 18 months after the date of termination and pro-rated target bonus; 

	 	b.	Company paid medical and dental benefits for 18 months following your termination which will run concurrent with COBRA coverage. 

  

	 	c.	Extension of your rights to exercise stock options issued to you under the Stock Plan for a period equal to the lesser of three years following your termination or the expiration of
the options and continued vesting of such options in accordance with the then existing vesting schedule during the same period. 

 “Cause” is defined as willful or gross non-performance of duties or deliberate actions (including fraud) that reasonably could be expected to materially and adversely affect the Company, as determined in good faith by the ATC
Board of Directors after notice and an opportunity to cure has been provided to you. “Good Reason” is defined as termination by you of your employment at any time within ninety days after (i) a material reduction in your
responsibility from your current role (ii) a material reduction in your cash compensation or benefits (iii) a material change in, or termination of, this severance arrangement or (iv) an unreasonable relocation of your principal
office of more than fifty miles from your existing principal office without your consent. 
 The aforementioned severance benefits are contingent on reaching
a Separation and Release Agreement between you and the Company that would include customary and reasonable release, non-compete, non-solicitation and non-disparagement clauses in effect for a period of twelve months. 
 Jean, I am very excited to have you join the American Tower team and look forward to your acceptance of this offer and to working with you. I am confident that you will
find your employment with American Tower to be both challenging and professionally rewarding. 
  

	
	Sincerely,
	
	 /s/ Bradley Singer

	Bradley Singer
	Chief Financial Officer
	
	cc: Aileen Torrance

  
  
 My signature acknowledges receipt and acceptance of this employment offer with American Tower Corporation as outlined above. 
  

					
	 /s/ Jean A. Bua
	 		 	7/1/05
	Signature	 		 	Date

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