Document:

Exhibit

Exhibit 4(c)

LOUISVILLE GAS AND ELECTRIC COMPANY
OFFICER’S CERTIFICATE
(under Sections 201 and 301 of the Indenture, dated as of October 1, 2010)
Establishing the Form and Certain Terms of the 
First Mortgage Bonds, Collateral Series 2016TCA
The undersigned Daniel K. Arbough, the Treasurer of LOUISVILLE GAS AND ELECTRIC COMPANY (the “Company”), in accordance with Sections 201 and 301 of the Indenture, dated as of October 1, 2010 (the “Original Indenture”), as amended and supplemented by various instruments including Supplemental Indenture No. 5, dated as of September 1, 2016 (as so amended and supplemented, the “Indenture”), of the Company to The Bank of New York Mellon, trustee (the “Trustee”), does hereby establish, for the Securities of Series No. 7, established in Supplemental Indenture No. 5, the terms and characteristics set forth in this Officer’s Certificate (capitalized terms used herein and not defined herein having the meanings specified in the Original Indenture).
Set forth below are the terms and characteristics of the aforesaid series of Securities referred to in clauses (a) through (u) in the third paragraph of Section 301 of the Indenture (the lettered clauses set forth herein corresponding to such clauses in said Section 301):
		
	(a)
	the title of the Securities of such series shall be “First Mortgage Bonds, Collateral Series 2016TCA” (the “Bonds”);

		
	(b)
	the aggregate principal amount of Bonds which may be authenticated and delivered under the Indenture shall be limited to $125,000,000 as and to the extent set forth in Supplemental Indenture No. 5; the Stated Maturity of the Bonds will be September 1, 2044;

		
	(c)
	(1)    the Bonds are to be issued and delivered to, and registered in the name of U.S. Bank National Association, as trustee (the “Revenue Bond Trustee”) under an indenture of trust dated as of September 1, 2016 (the “Revenue Bond Indenture”), which relates to Pollution Control Revenue Refunding Bonds, 2016 Series A (Louisville Gas and Electric Company Project) (the “Revenue Bonds”) issued by the County of Trimble, Kentucky (the “Governmental Issuer”);

		
	(2)
	the Bonds will be issued and delivered to, and registered in the name of, the Revenue Bond Trustee under the Revenue Bond Indenture to convey the benefit of the lien of the Indenture to such Revenue Bond Trustee for the benefit of the holders of the Revenue Bonds issued and outstanding thereunder.  All payments of principal of and interest on the Bonds shall be payable to the Revenue Bond Trustee as the registered holder of the Bonds;

		
	(d)
	the principal of the Bonds shall be due and payable on the applicable Stated Maturity date specified in clause (b); and the Company shall not have the right to extend the Maturity of the Bonds as contemplated in Section 301(d) of the Original Indenture;

		
	(e)
	the Bonds shall bear interest at the same rate borne from time to time by the Revenue Bonds; provided, however, that if such Revenue Bonds shall bear interest at more than one rate, the 

        

rate of interest borne by the Bonds shall be such composite rate as shall produce the same dollar amount of accrued interest on such Bonds as is produced on such Revenue Bonds; and provided, further, that interest on the Bonds shall not commence to accrue unless and until:
		
	(1)
	the Bonds are to be mandatorily redeemed as contemplated in clause (g), or

		
	(2)
	all Securities Outstanding under the Indenture shall have become immediately due and payable pursuant to Section 1002 of the Original Indenture,

and, in either such event, interest shall commence to accrue from the last date to which interest on the Revenue Bonds shall have been paid in full (the “Initial Interest Accrual Date”), as specified by the Revenue Bond Trustee in a written notice to the Trustee; interest on the Bonds, having commenced to accrue as aforesaid, shall be and remain immediately due and payable until paid in full (unless the mandatory redemption or acceleration giving rise to the accrual of interest as aforesaid shall have been rescinded or annulled, in which event such accrual of interest shall automatically be rescinded and annulled); and in no event shall the amount of interest accrued on the Bonds exceed the amount of interest accrued on the Revenue Bonds; and the Company shall not have any right to extend any interest payment periods for the Bonds as contemplated in Sections 301(e) and 312 of the Original Indenture;
		
	(f)
	the Corporate Trust Office of the Trustee in Pittsburgh, Pennsylvania shall be the office or agency of the Company at which the principal of and any premium and interest on the Bonds at Maturity shall be payable, at which registration of transfers and exchanges of the Bonds may be effected and at which notices and demands to or upon the Company in respect of the Bonds and the Indenture may be served; and the Trustee will initially be the Security Registrar and the Paying Agent for the Bonds; provided, however, that the Company reserves the right to change, by one or more Officer’s Certificates, any such office or agency and such agent;

		
	(g)
	If the Revenue Bonds shall have become immediately due and payable due to the occurrence and continuance of an Event of Default under the Revenue Bond Indenture (which Event of Default shall have been caused by an event of default under the loan agreement dated as of September 1, 2016 between the Company and the Governmental Issuer relating to the Revenue Bonds (the “Agreement”) that has resulted in a default in payment of the principal of or premium, if any, or interest on such Revenue Bonds, or a default in a payment of purchase price with respect thereto) and if all Securities Outstanding under the Indenture shall not have become immediately due and payable following an Event of Default under the Indenture, the Bonds shall be redeemed by the Company, in whole, at a redemption price equal to 100% of the principal amount thereof plus accrued interest from the Initial Interest Accrual Date to the date of redemption upon receipt by the Company and the Trustee of a written demand for such redemption (a “Redemption Demand”) executed and delivered by the Revenue Bond Trustee and stating (1) that such Revenue Bonds have become immediately due and payable due to the occurrence and continuance of an Event of Default under the Revenue Bond Indenture, (2) that such Event of Default was caused by an event of default under the Agreement that resulted in a default in payment of the principal of or premium, if any, or interest on such Revenue Bonds, or a default in a payment of purchase price with respect thereto, (3) that the redemption of the Bonds is thereby demanded by such Revenue Bond Trustee and (4) the last date to which interest on such Revenue Bonds has 

been paid in full; provided, however, that any rescission or annulment of the acceleration of maturity of the Revenue Bonds shall constitute the rescission and annulment of the Company’s obligation to redeem the Bonds. No notice of any such redemption shall be required to be given;
		
	(h)
	inapplicable;

		
	(i)
	the Bonds shall be issuable in denominations of $1,000 and any integral multiple thereof;

		
	(j)
	inapplicable;

		
	(k)
	inapplicable;

		
	(l)
	inapplicable;

		
	(m)
	inapplicable;

		
	(n)
	inapplicable;

		
	(o)
	inapplicable;

		
	(p)
	inapplicable;

		
	(q)
	the Bonds shall be non-transferable except to a successor Revenue Bond Trustee under the Revenue Bond Indenture; no service or other charge shall be made for any registration of transfer or exchange of the Bonds;

		
	(r)
	inapplicable;

		
	(s)
	inapplicable; 

		
	(t)
	inapplicable; and

		
	(u)
	(1)      anything herein to the contrary notwithstanding, the obligation of the Company to make any payment of the principal of or interest on the Bonds shall be deemed to be satisfied and discharged to the extent of the corresponding payment (A) made by the Company to the Revenue Bond Trustee pursuant to the Agreement and/or (B) made with moneys on deposit in any fund or account maintained under such Revenue Bond Indenture for the payment of the principal of or interest on the Revenue Bonds;

		
	(2)
	the Trustee may conclusively presume that the obligation of the Company to pay the principal of and interest on the Bonds as the same shall become due and payable shall have been fully satisfied and discharged unless and until it shall have received a written notice from the Revenue Bond Trustee, as Holder of such Bonds, signed by an authorized officer thereof, stating that the principal of and/or interest on such Bonds has become due and payable and has not been fully paid, and specifying the amount of funds required to make such payment;

		
	(3)
	The Trustee may conclusively presume that all statements made in a Redemption Demand are true and correct and, unless advised to the contrary by the Revenue Bond Trustee in a written notice to the Trustee, that no redemption demanded in a Redemption Demand has been rescinded, and shall be entitled to receive, and to conclusively rely on, a written notice from the Revenue Bond Trustee as to the amount of interest accruing on the Bonds from time to time; and

		
	(4)
	except as otherwise determined by the proper officers of the Company and established in one or more Officer’s Certificates supplemental to this Officer’s Certificate, the Bonds shall be substantially in the form of the Bond attached hereto as Exhibit A, which form is hereby authorized and approved, and shall have such further terms as are set forth in such form.

IN WITNESS WHEREOF, I have executed this Officer’s Certificate this 15th day of September, 2016.
/s/ Daniel K. Arbough     
Name:  Daniel K. Arbough 
Title:      Treasurer

ATTEST:
/s/ Gerald A. Reynolds     
Name:    Gerald A. Reynolds 
Title:      General Counsel, Chief Compliance 
  Officer and Corporate Secretary

[Signature Page to Officer’s Certificate Under Sections 201 and 301 of the Indenture]

EXHIBIT A

THIS SECURITY IS NON-TRANSFERABLE EXCEPT TO A SUCCESSOR REVENUE 
BOND TRUSTEE UNDER THE REVENUE BOND INDENTURE SPECIFIED BELOW.
[FORM OF BOND]
No.
Principal Amount: $
Stated Maturity:
Governmental Issuer:  County of Trimble, Kentucky 
Revenue Bonds: Pollution Control Revenue Refunding Bonds, 2016 Series A (Louisville Gas and
                           Electric Company Project)
Revenue Bond Indenture:  Indenture of Trust, dated as of September 1, 2016, between the Governmental
Issuer and the Revenue Bond Trustee    
Revenue Bond Trustee:                       , as trustee under the Revenue Bond Indenture
LOUISVILLE GAS AND ELECTRIC COMPANY
FIRST MORTGAGE BOND, COLLATERAL SERIES 2016TCA
LOUISVILLE GAS AND ELECTRIC COMPANY, a corporation duly organized and existing under the laws of the Commonwealth of Kentucky (herein referred to as the “Company,” which term includes any Successor Corporation under the Indenture referred to below), for value received, hereby promises to pay to the Revenue Bond Trustee specified above, the principal sum of
($            ) Dollars
on the Stated Maturity specified above, and to pay interest from the Initial Interest Accrual Date (as defined below) on said principal sum at the rate from time to time borne by the Revenue Bonds specified above; provided, however, that if such Revenue Bonds shall bear interest at more than one rate, the rate of interest borne by this Security shall be such composite rate as shall produce the same dollar amount of accrued interest on this Security as is produced on such Revenue Bonds.  No interest will accrue on the Securities with respect to the day on which the Securities mature.
CERTIFICATE OF AUTHENTICATION
This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.
Date of Authentication:

	
					
	 
	 
	THE BANK OF NEW YORK MELLON, as Trustee

	 
	 
	 

	 
	 
	By:
	 

	 
	 
	 
	Authorized Signatory

A-1

Interest on this Security will be computed on the same basis as interest on the Revenue Bonds specified above as provided in the Revenue Bond Indenture specified above.
Interest on the Securities of this series shall not commence to accrue unless and until:
		
	(1)
	the Securities of this series are to be mandatorily redeemed as contemplated below, or

		
	(2)
	all Securities Outstanding under the Indenture referred to below shall have become immediately due and payable pursuant to Section 1002 of the Original Indenture (as defined below),

and, in either such event, interest shall commence to accrue from the last date to which interest on the Revenue Bonds specified above shall have been paid in full (the “Initial Interest Accrual Date”), as specified by the Revenue Bond Trustee specified above in a written notice to the Trustee.
Payment of the principal of and premium, if any, and interest at Maturity on this Security shall be made upon presentation of this Security at the corporate trust office of The Bank of New York Mellon in New York, New York, or at such other office or agency as may be designated for such purpose by the Company from time to time, 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, and payment of interest, if any, on this Security (other than interest payable at Maturity) shall be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register.
This Security is one of a duly authorized issue of Securities of the Company (herein called the “Securities”), issued and issuable in one or more series under an Indenture, dated as of October 1, 2010 (herein called the “Original Indenture” and, together with any amendments or supplements thereto and the Officer’s Certificate establishing the terms of the Securities of this series, the “Indenture,” which term shall have the meaning assigned to it in the Original Indenture), between the Company and The Bank of New York Mellon, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture, including Supplemental Indenture No. 5 thereto, for a statement of the property mortgaged, pledged and held in trust, the nature and extent of the security, the conditions upon which the lien of the Indenture may be released and the respective rights, limitations of 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.  The acceptance of this Security by the Holder hereof shall be deemed to constitute the consent and agreement by such Holder to all of the terms and provisions of the Indenture.  This Security is one of the series designated on the face hereof.
If the Revenue Bonds specified above shall have become immediately due and payable due to the occurrence and continuance of an Event of Default under the Revenue Bond Indenture specified above (which Event of Default shall have been caused by an event of default under the Agreement (as defined in the Revenue Bond Indenture specified above) between the Company and the Governmental Issuer specified above (the “Agreement”) that has resulted in a default in payment of the principal of or premium, if any, or interest on such Revenue Bonds, or a default in a payment of purchase price with respect thereto) and if all Securities Outstanding under the Indenture shall not have become immediately due and payable following an Event of Default under the Indenture, the Bonds of this series shall be redeemed by the Company, in whole, at a redemption price equal to 100% of the principal amount thereof plus accrued interest from the Initial Interest Accrual Date to the date of redemption upon receipt by the Company and the Trustee of a written demand for such redemption (a “Redemption Demand”) executed and delivered by the Revenue Bond Trustee specified above and stating (a) that such Revenue Bonds have become immediately due and payable due to the occurrence and continuance of an Event of Default under such Revenue Bond Indenture, (b) that such Event of Default was caused by an event of default under the loan agreement between the 

Company and such Governmental Issuer that resulted in a default in payment of the principal of or premium, if any, or interest on such Revenue Bonds, or a default in a payment of purchase price with respect thereto, (c) that the redemption of the Bonds of this series is thereby demanded by such Revenue Bond Trustee and (d) the last date to which interest on such Revenue Bonds has been paid in full.
If an Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of this Security may be declared due and payable in the manner and with the effect provided in the Indenture.
Anything herein to the contrary notwithstanding, the obligation of the Company to make any payment of the principal of or interest on the Bonds of this series shall be deemed to be satisfied and discharged to the extent of the corresponding payment (a) made by the Company to the Revenue Bond Trustee specified above pursuant to the Agreement and/or (b) made with moneys on deposit in any fund or account maintained under such Revenue Bond Indenture for the payment of the principal of or interest on the Revenue Bonds.
The Trustee may conclusively presume that the obligation of the Company to pay the principal of and interest on the Securities of this series as the same shall become due and payable shall have been fully satisfied and discharged unless and until it shall have received a written notice from the Revenue Bond Trustee specified above, signed by an authorized officer thereof, stating that the principal of and/or interest on the Securities of this series has become due and payable and has not been fully paid, and specifying the amount of funds required to make such payment.
The Trustee may conclusively presume that all statements made in a Redemption Demand are true and correct and, unless advised to the contrary by the Revenue Bond Trustee specified above in a written notice to the Trustee, that no redemption demanded in a Redemption Demand has been rescinded, and shall be entitled to receive, and to conclusively rely on, a written notice from such Revenue Bond Trustee as to the amount of interest accruing on the Securities of this series from time to time.
The Indenture contains provisions for defeasance at any time of the entire indebtedness of this Security upon compliance with certain conditions set forth 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 to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding of all series to be affected.  The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of all series affected at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.  Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.
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 (a) such Holder shall have previously given the Trustee written notice of a continuing Event of Default; (b) the Holders of 25% in aggregate principal amount of the Outstanding Securities 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; (c) the Trustee shall not have received from the Holders of a majority in aggregate principal amount of the Outstanding Securities a direction inconsistent with such request; and (d) the Trustee 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 any premium and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed.
The Securities of this series are issuable only in registered form without coupons, and in denominations of $1,000 and integral multiples thereof.  
As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder hereof or its attorney duly authorized in writing, and thereupon one or more new Securities of this series, of authorized denominations and of like tenor and aggregate principal amount, shall be issued to the designated transferee or transferees.
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 the same series, of any authorized denominations, as requested by the Holder surrendering the same, and of like tenor upon surrender of the Security or Securities to be exchanged at the office or agency of the Company for such purpose.
No service or other charge shall be made for any such registration of transfer or exchange.
Anything herein to the contrary notwithstanding, this Security shall not be transferable except to a successor Revenue Bond Trustee under the Revenue Bond Indenture specified above.
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 absolute owner hereof for all purposes (subject to Sections 305 and 307 of the Indenture), whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.
The Indenture and this Security shall be governed by and construed in accordance with the laws of the State of New York (including, without limitation, Section 5-1401 of the New York General Obligations Law or any successor to such statute), except to the extent that the Trust Indenture Act shall be applicable and except to the extent that the law of any other jurisdiction shall mandatorily govern.
As used herein, “Business Day,” means any day, other than a Saturday or Sunday, that is not a day on which banking institutions or trust companies in The City of New York, New York, or other city in which a paying agent for this Security is located, are generally authorized or required by law, regulation or executive order to remain closed.  All other terms used in this Security that are defined in the Indenture shall have the meanings assigned to them in the Indenture.
As provided in the Indenture, no recourse shall be had for the payment of the principal of or premium, if any, or interest on any Securities, or any part thereof, or for any claim based thereon or otherwise in respect thereof, or of the indebtedness represented thereby, or upon any obligation, covenant or agreement under the Indenture, against, and no personal liability whatsoever shall attach to, or be incurred by, any incorporator, stockholder, member, officer or director, as such, past, present or future of the Company or of any predecessor or successor corporation (either directly or through the Company or a predecessor or successor corporation), whether by virtue of any constitutional provision, statute or rule of law, or by the enforcement of any 

assessment or penalty or otherwise; it being expressly agreed and understood that the Indenture and all the Securities are solely corporate obligations and that any such personal liability is hereby expressly waived and released as a condition of, and as part of the consideration for, the execution of the Indenture and the issuance of the Securities.
Unless the certificate of authentication hereon has been executed by the Trustee referred to herein by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.
IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed.
Date of Security: 
	
				
	 
	 
	LOUISVILLE GAS AND ELECTRIC COMPANY
	 

	 
	 
	 
	 

	 
	 
	By:                                                                               
	 

	 
	 
	Name:
	 

	 
	 
	Title:
	 

	
				
	 
	 
	                                                                               
	 

	 
	 
	Name:
	 

	 
	 
	Title:
	 

ASSIGNMENT FORM
FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto

[please insert social security or other identifying number of assignee]

[please print or typewrite name and address of assignee]

the within Security of LOUISVILLE GAS AND ELECTRIC COMPANY and does hereby irrevocably                    constitute                    and                  appoint                                             , Attorney, to transfer said Security on the books of the within‐mentioned Company, with full power of substitution in the premises.
Dated:                                    

[signature of registered holder]
Notice:  The signature to this assignment must correspond with the name as written upon the face of the Security in every particular without alteration or enlargement or any change whatsoever.EX-4.2

 Exhibit 4.2 

1.600% SENIOR NOTES DUE 2028 

THIRD SUPPLEMENTAL INDENTURE 

among 
 DELPHI AUTOMOTIVE PLC,

 as Issuer 
 THE GUARANTORS
FROM TIME TO TIME PARTY HERETO, 
 as Guarantors 

WILMINGTON TRUST, NATIONAL ASSOCIATION, 

as Trustee 
 and 

DEUTSCHE BANK TRUST COMPANY AMERICAS, 

as Registrar, Paying Agent and Authenticating Agent 

Dated as of September 15, 2016 

 TABLE OF CONTENTS 
  

							
	 	  	 	  	PAGE	 
	
	 ARTICLE 1

DEFINITIONS
	   
   

			
	 Section 1.01.
	  	Definition of Terms	  	 	1	  
	 Section 1.02.
	  	Other Definitions	  	 	6	  
	
	 ARTICLE 2

TERMS AND CONDITIONS OF THE NOTES
	   
   

			
	 Section 2.01.
	  	Terms of the Notes	  	 	7	  
	 Section 2.02.
	  	Execution and Authentication	  	 	9	  
	 Section 2.03.
	  	Valuation of Principal Amount of Securities	  	 	9	  
	
	 ARTICLE 3

REDEMPTION OF THE NOTES
	   
   

			
	 Section 3.01.
	  	Optional Redemption	  	 	10	  
	 Section 3.02.
	  	Tax Redemption	  	 	11	  
	
	 ARTICLE 4

NOTE GUARANTEES
	   
   

			
	 Section 4.01.
	  	Note Guarantees	  	 	12	  
	 Section 4.02.
	  	Future Guarantees	  	 	12	  
	
	 ARTICLE 5

COVENANTS
	   
   

			
	 Section 5.01.
	  	Limitation on Liens	  	 	12	  
	 Section 5.02.
	  	Limitation on Sale/Leaseback Transactions	  	 	15	  
	 Section 5.03.
	  	Payments of Additional Amounts	  	 	15	  
	 Section 5.04.
	  	Change of Control Triggering Event	  	 	18	  
	
	 ARTICLE 6

CONSOLIDATION, MERGER AND SALE OF ASSETS
	   
   

			
	 Section 6.01.
	  	Consolidation, Merger and Sale of Assets of Guarantors	  	 	20	  
	
	 ARTICLE 7

EVENTS OF DEFAULT
	   
   

			
	 Section 7.01.
	  	Events of Default	  	 	20	  
	 Section 7.02.
	  	Limitations on Suits	  	 	21	  

  
 -i- 

							
	
	 ARTICLE 8

AMENDMENTS AND WAIVERS
	   
   

			
	 Section 8.01.
	  	Without Consent of Holder	  	 	21	  
	
	 ARTICLE 9

MISCELLANEOUS
	   
   

			
	 Section 9.01.
	  	Ratification of Base Indenture	  	 	21	  
	 Section 9.02.
	  	Governing Law	  	 	21	  
	 Section 9.03.
	  	Separability	  	 	21	  
	 Section 9.04.
	  	Counterparts	  	 	21	  
			
	 EXHIBITS
	  		  			
			
	Exhibit A	  	Form of 2028 Note	  			

  
 -ii- 

 THIRD SUPPLEMENTAL INDENTURE, dated as of September 15, 2016 (this “Third
Supplemental Indenture”), among Delphi Automotive PLC, a public limited company formed under the laws of Jersey (the “Issuer”), the guarantors from time to time party hereto, Wilmington Trust, National Association, as
trustee (together with its successors and assigns in such capacity, the “Trustee”), and Deutsche Bank Trust Company Americas, a New York banking corporation, as Registrar, Paying Agent and Authenticating Agent under the Senior
Indenture, dated as of March 10, 2015, among the Issuer, the guarantors from time to time party thereto, Deutsche Bank Trust Company Americas, as Registrar, Paying Agent and Authenticating Agent, and the Trustee (the “Base
Indenture” and, together with this Third Supplemental Indenture, the “Indenture”). 
 WHEREAS, the Issuer executed
and delivered the Base Indenture to the Trustee to provide, among other things, for the future issuance of the Issuer’s Notes to be issued from time to time in one or more series as might be determined by the Issuer under the Base Indenture, in
an unlimited aggregate principal amount which may be authenticated and delivered as provided in the Indenture; 
 WHEREAS, Section 2.03
of the Base Indenture provides for various matters with respect to any series of Notes issued under the Base Indenture to be established in an indenture supplemental to the Base Indenture; 

WHEREAS, Section 9.01 of the Base Indenture provides for the Issuer and the Trustee to enter into a supplemental indenture to the Base
Indenture to establish the form or terms of Notes of any series as permitted by Section 2.03 of the Base Indenture; 
 WHEREAS,
pursuant to the terms of the Base Indenture, the Issuer desires to provide for the establishment of a new series of Notes to be known as its 1.600% Senior Notes due 2028 (the “2028 Notes”), the form and substance of such 2028 Notes
and the terms, provisions and conditions thereof to be set forth as provided in the Base Indenture and this Third Supplemental Indenture; and 

WHEREAS, the Issuer has requested that the Trustee execute and deliver this Third Supplemental Indenture and all requirements necessary to
make (i) this Third Supplemental Indenture a valid instrument in accordance with its terms, and (ii) the 2028 Notes, when executed by the Issuer and authenticated and delivered by the Authenticating Agent, the valid obligations of the
Issuer, have been performed, and the execution and delivery of this Third Supplemental Indenture has been duly authorized in all respects. 

NOW THEREFORE, in consideration of the purchase and acceptance of the 2028 Notes by the Holders thereof, and for the purpose of setting forth,
as provided in the Base Indenture, the form 2028 Note and substance of the 2028 Notes and the terms, provisions and conditions thereof, the Issuer and the Guarantors covenant and agree with the Trustee as follows: 

ARTICLE 1 
 DEFINITIONS 

Section 1.01. Definition of Terms. Unless the context otherwise requires: 

(a)    a term defined in the Base Indenture has the same meaning when used in this Third Supplemental Indenture unless the
definition of such term is otherwise provided pursuant to this Third Supplemental Indenture, in which case the definition in this Third Supplemental Indenture shall govern solely with respect to the 2028 Notes; 

(b)    a term defined anywhere in this Third Supplemental Indenture has the same meaning throughout; 

 (c)    the singular includes the plural and vice versa; 

(d)    unless stated otherwise, a reference to a Section or Article is to a Section or Article in this Third Supplemental
Indenture; 
 (e)    headings are for convenience of reference only and do not affect interpretation; 

(f)    each reference to “U.S. Government Obligations” in the Base Indenture is, with respect to the 2028 Notes,
replaced with “Government Obligations”; and 
 (g)    the following terms have the meanings given to them in
this Section 1.01(g): 
 “Additional 2028 Notes” means additional 2028 Notes constituting part of the same series as
the 2028 Notes issued on the Issue Date having identical terms and conditions to the 2028 Notes, except with respect to issue date, issue price and interest prior to the first Interest Payment Date. 

“Attributable Debt” means, with respect to any Sale and Leaseback Transaction that does not result in a Capitalized Lease
Obligation, the present value (computed in accordance with GAAP) of the total obligations of the lessee for rental payments during the remaining term of the lease included in such Sale and Leaseback Transaction (including any period for which such
lease has been extended). In the case of any lease which is terminable by the lessee upon payment of a penalty, the Attributable Debt shall be the lesser of: 

(1)    the Attributable Debt determined assuming termination upon the first date such lease may be
terminated (in which case the Attributable Debt shall also include the amount of the penalty, but no rent shall be considered as required to be paid under such lease subsequent to the first date upon which it may be so terminated); and 

(2)    the Attributable Debt determined assuming no such termination. 

“Business Day” means each day which is not a Legal Holiday. 

“Capital Stock” of any Person means any and all shares, interests, rights to purchase, warrants, options, participations or
other equivalents of or interests in (however designated) equity of such Person, including any preferred stock, but excluding any debt securities convertible into such equity. 

“Capitalized Lease Obligations” means an obligation that is required to be classified and accounted for as a capitalized
lease for financial reporting purposes in accordance with GAAP, and the amount of Indebtedness represented by such obligation shall be the capitalized amount of such obligation determined in accordance with GAAP. 

“Cash Management Obligations” means obligations in respect of overdraft and related liabilities arising from treasury,
depositary and cash management services or any automated clearing house transfers of funds or participating in commercial (or purchasing) card programs. 

“Clearstream” means Clearstream Banking, a société anonyme, as currently in effect or any successor
securities clearing agency. 
 “Common Depository” means Deutsche Bank AG, London Branch, as common depository for
Euroclear and Clearstream. 

  
 -2- 

 “Consolidated Total Assets” means, at any time, the total consolidated assets of
Delphi LLP and its Subsidiaries, as shown on the most recent balance sheet of Delphi LLP at such time calculated on a pro forma basis to give effect to any acquisition or disposition of any Person or line of business after the date thereof. 

“Credit Agreement” means, the Amended and Restated Credit Agreement, dated as of August 17, 2016 by and among the
Issuer, Delphi LLP, Delphi Automotive Holdings US Limited, Delphi Corporation, the several lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent (including, without limitation, any guarantee agreements and
security documents), in each case as such agreements may be further amended (including any amendment and restatement thereof), supplemented, extended or otherwise modified from time to time. 

“Credit Facilities” means (1) the Credit Agreement and (2) one or more debt facilities, indentures or other
agreements refinancing, replacing, amending, restating or supplementing (whether or not contemporaneously and whether or not related to the agreements specified above) or otherwise restructuring or increasing the amount of available borrowings or
other credit extensions under or making Subsidiaries of Delphi LLP a borrower, additional borrower or guarantor under, all or any portion of the Indebtedness under such agreement or any successor, replacement or supplemental agreement and whether
including any additional obligors or with the same or any other agent, lender or group of lenders or with other financial institutions or lenders. 

“Delphi LLP” means Delphi Automotive LLP, a limited liability partnership organized under the laws of England and Wales (and
its successors). 
 “Domestic Subsidiary” means any Subsidiary that was formed under the laws of the United States, any
state of the United States or the District of Columbia. 
 “Euroclear” means the Euroclear Bank S.A./N.V., as operator of
the Euroclear system or any successor securities clearing agency. 
 “Existing Notes” means Delphi Corporation’s 5.00%
Senior Notes due 2023. 
 “GAAP” means generally accepted accounting principles in the United States of America as in
effect as of the Issue Date set forth in: 
 (1)    the opinions and pronouncements of the Accounting
Principles Board of the American Institute of Certified Public Accountants, 
 (2)    statements and
pronouncements of the Financial Accounting Standards Board, 
 (3)    such other statements by such
other entities as approved by a significant segment of the accounting profession, and 
 (4)    the
rules and regulations of the SEC governing the inclusion of financial statements (including pro forma financial statements) in periodic reports required to be filed pursuant to Section 13 of the Exchange Act, including opinions and
pronouncements in staff accounting bulletins and similar written statements from the accounting staff of the SEC. 
 “Government
Obligations” means (1) direct obligations of the Federal Republic of Germany, where the timely payment or payments thereunder are supported by the full faith and credit of the Federal Republic of Germany or (2) obligations of a
person controlled or supervised by and acting as an agency or 

  
 -3- 

 
instrumentality of the Federal Republic of Germany, where the timely payment or payments thereunder are unconditionally guaranteed as a full faith and credit obligation by the Federal Republic of
Germany, which, in either case under clauses (1) or (2) are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a bank or trust company as custodian with respect to any such
Federal Republic of Germany Obligations or a specific payment of interest on or principal of or other amount with respect to any such Federal Republic of Germany Obligations held by such custodian for the account of the holder of a depositary
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 depositary receipt from any amount received by the custodian in respect of the Federal Republic
of Germany Obligations or the specific payment of interest on or principal of or other amount with respect to the Federal Republic of Germany Obligations evidenced by such depositary receipt. 

“Guarantor” means Delphi LLP, Delphi Automotive Holdings US Limited, Delphi Corporation and any Person that provides a Note
Guarantee of the 2028 Notes under the Indenture, until released as provided in Section 10.05 of the Base Indenture or Section 4.02 of this Third Supplemental Indenture. 

“Indebtedness” means the principal of and premium (if any) in respect of indebtedness of such Person for borrowed money. 

Notwithstanding the foregoing, (i) in connection with the purchase by Delphi LLP or any Subsidiary of any business, the term “Indebtedness”
will exclude bona fide post-closing payment adjustments to which the seller may become entitled to the extent such payment is determined by a final closing balance sheet or such payment depends on the performance of such business after the closing;
provided, however, that, at the time of closing, the amount of any such payment is not determinable and, to the extent such payment thereafter becomes fixed and determined, the amount is paid within 30 days thereafter and
(ii) Cash Management Obligations and other obligations in respect of card obligations, netting services, overdraft protections, cash management services and similar arrangements shall not constitute Indebtedness. 

The amount of Indebtedness of any Person at any date shall be the outstanding balance at such date of all unconditional obligations as
described above; provided, however, that in the case of Indebtedness sold at a discount, the amount of such Indebtedness at any time will be the accreted value thereof at such time. 

“interest” means, with respect to the 2028 Notes, interest on the 2028 Notes and any Additional Amounts in respect thereof.

 “Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or
the equivalent) by Standard & Poor’s, or if Moody’s or Standard & Poor’s shall cease to provide a rating of the 2028 Notes, an equivalent rating by any other Ratings Agency. 

“Issue Date” means September 15, 2016. 

“Legal Holiday” a Saturday, Sunday or other day on which the Trustee, Registrar and Paying Agent or banking institutions are
not required by law or regulation to be open in the State of New York or London and, for any place of payment outside of New York City or London, in such place of payment, and on which the Trans-European Automated Real-time Gross Settlement Express
Transfer system (the TARGET2 system), or any successor thereto, does not operate. 
 “Lien” means any mortgage, pledge,
security interest, encumbrance, lien or charge in the nature of an encumbrance of any kind (including any conditional sale or other title retention agreement or lease in the nature thereof); provided that any obligation in respect of an
operating lease shall not be deemed a lien. 

  
 -4- 

 “Moody’s” means Moody’s Investors Service, Inc. and any successor to
its rating business. 
 “Note Guarantee” means each guarantee of the obligations with respect to the 2028 Notes of a series
issued by a Guarantor pursuant to the terms of the Indenture. 
 “principal” with respect to a 2028 Note means the
principal of the 2028 Note plus the premium, if any, payable on the 2028 Note which is due or overdue or is to become due at the relevant time and any Additional Amounts in respect thereof. 

“Principal Property” means any manufacturing or production plant located in the United States of America (including fixtures
but excluding leases and other contract rights which might otherwise be deemed real property) owned by Delphi LLP or any Restricted Subsidiary, whether owned on the date hereof or thereafter, provided each such plant has a net book value at the date
as of which the determination is being made of in excess of 1% of the Consolidated Total Assets of Delphi LLP and its Subsidiaries, other than any such plant which, in the opinion of the Board of Directors (evidenced by a certified board resolution
thereof delivered to the Trustee), is not of material importance to the business conducted by Delphi LLP and its Subsidiaries taken as a whole. As of the Issue Date, neither the Company nor any Restricted Subsidiary owns any Principal Property. If
the Company acquires property in the future that is Principal Property, it will be subject to Section 5.01. 
 “Ratings
Agency” means Standard & Poor’s and Moody’s or, if Standard & Poor’s or Moody’s or either or both of them shall not make a rating on the 2028 Notes publicly available, a nationally recognized
statistical rating agency or agencies, as the case may be, selected by Delphi LLP (as certified by a resolution of the Board of Directors) which shall be substituted for Standard & Poor’s or Moody’s or either or both of them, as
the case may be. 
 “Refinance” means, in respect of any Indebtedness, to refinance, extend, renew, refund, repay, prepay,
redeem, defease or retire, or to issue other Indebtedness in exchange or replacement for, such Indebtedness, including, in any such case from time to time, after the discharge of the Indebtedness being Refinanced. “Refinanced” and
“Refinancing” shall have correlative meanings. 
 “Refinancing Indebtedness” means Indebtedness that is
incurred to Refinance (including pursuant to any defeasance or discharge mechanism) any Indebtedness of Delphi LLP or any Subsidiary existing on the Issue Date or incurred in compliance with the Indenture (including Indebtedness that Refinances
Refinancing Indebtedness); provided, however, such Refinancing Indebtedness is incurred in an aggregate principal amount (or if incurred with original issue discount, an aggregate issue price) that is equal to or less than the
aggregate principal amount of the Indebtedness being refinanced (or if issued with original issue discount, the aggregate accreted value) then outstanding (or that would be outstanding if the entire committed amount of any credit facility being
Refinanced were fully drawn) (plus fees and expenses, including any premium and defeasance costs and accrued interest). 

“Restricted Subsidiary” means any Domestic Subsidiary of Delphi LLP that directly owns any Principal Property. 

“Sale and Leaseback Transaction” means an arrangement relating to property, plant or equipment now owned or hereafter
acquired by Delphi LLP or a Restricted Subsidiary whereby Delphi LLP or a Restricted Subsidiary transfers such property to a Person and Delphi LLP or such Restricted Subsidiary leases it from such Person, other than (i) leases between Delphi
LLP and a Subsidiary or 

  
 -5- 

 
between Subsidiaries or (ii) any such transaction entered into with respect to any property, plant or equipment or any improvements thereto at the time of, or within 180 days after, the
acquisition or completion of construction of such property, plant or equipment or such improvements (or, if later, the commencement of commercial operation of any such property, plant or equipment), as the case may be, to finance the cost of such
property, plant or equipment or such improvements, as the case may be. 
 “Significant Subsidiary” means any Restricted
Subsidiary that would be a “Significant Subsidiary” of Delphi LLP within the meaning of Rule 1-02(w)(1) or (2) under Regulation S-X promulgated by the SEC as in effect on the Issue Date. 

“Standard & Poor’s” means Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., and
any successor to its rating business. 
 “Subsidiary” of any Person means any corporation, association, partnership or
other business entity of which more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the election of
directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by: 
  

	 	(1)	such Person, 

  

	 	(2)	such Person and one or more Subsidiaries of such Person or 

  

	 	(3)	one or more Subsidiaries of such Person. 

 Unless otherwise specified herein or context
otherwise requires, all references to any Subsidiary shall be to a Subsidiary of Delphi LLP. For the avoidance of doubt, BDWY, a Chinese corporation, is a Subsidiary of Delphi LLP pursuant to its governance structure as in effect on the Issue Date.

 “TIA” means the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the Issue Date. 

“Voting Stock” of a Person means all classes of Capital Stock or other interests (including partnership interests) of such
Person then outstanding and normally entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof. 

Section 1.02. Other Definitions. 
  

			
	 Term
	  	Defined in Section
	 Acceleration Notice
	  	7.02
	 Additional Amounts
	  	5.03
	 Base Indenture
	  	Preamble
	 Calculation Date
	  	3.01
	 Change in Tax Law
	  	3.02
	 Change of Control
	  	5.04
	 Change of Control Offer
	  	5.04
	 Change of Control Triggering Event
	  	5.04
	 Comparable Government Bond Rate
	  	3.01
	 Comparable Government Bond
	  	3.01
	 Depositary
	  	2.01
	 Event of Default
	  	7.01

  
 -6- 

			
	 Term
	  	Defined in Section
	 Global Note
	  	2.01
	 Indenture
	  	Preamble
	 Initial Lien
	  	5.01
	 Interest Payment Date
	  	2.01
	 Issuer
	  	Preamble
	 Permitted Liens
	  	5.01
	 Relevant Jurisdiction
	  	5.03
	 Successor Guarantor
	  	6.01
	 Taxes
	  	5.03
	 Tax Redemption Date
	  	3.02
	 Third Supplemental Indenture
	  	Preamble
	 Trigger Period
	  	5.04
	 Trustee
	  	Preamble
	 2028 Notes
	  	Preamble

 ARTICLE 2 

TERMS AND CONDITIONS OF THE NOTES 

Section 2.01. Terms of the Notes. The following terms relating to the 2028 Notes are hereby established: 

(a)    Designation, Maturity and Principal Amount. There is hereby authorized a series of Notes designated the
“1.600% Senior Notes due 2028” initially offered in the aggregate principal amount of €500,000,000, which amount shall be as set forth in an Authentication Order for the authentication and delivery of such 2028 Notes pursuant to
Section 2.02 of the Base Indenture. 
 (b)    Form of the Notes. The 2028 Notes are to be substantially in
the form of Exhibit A hereto. The 2028 Notes shall be numbered, lettered, or otherwise distinguished in such manner or in accordance with such plans as the Officer of the Issuer executing the same may determine with the approval of the
Trustee. 
 (c)    Note Guarantees. The 2028 Notes shall have the benefit of the Note Guarantees by the
Guarantors executing this Third Supplemental Indenture and future Guarantors pursuant to Section 4.02 hereof. 

(d)    Additional 2028 Notes. The Issuer may, without notice to or the consent of the Holders of the 2028 Notes,
issue Additional 2028 Notes having identical terms and conditions as the 2028 Notes, except for the issue date, issue price and first Interest Payment Date, in an unlimited aggregate principal amount. Any such additional notes will be part of the
same series as the 2028 Notes, and will be treated as one class with such series of 2028 Notes, including, without limitation, for purposes of voting and redemptions; provided, however, that if such Additional 2028 Notes are not
fungible with the other 2028 Notes for U.S. federal income tax purposes, such Additional 2028 Notes shall not have the same “ISIN” or “Common Code” number as the other 2028 Notes. 

(e)    Principal Payment. The 2028 Notes will mature on September 15, 2028. 

(f)    Interest Rate; Interest Payment Date; Computation of Interest. The 2028 Notes will bear interest at the rate
of 1.600% per annum from the most recent Interest Payment Date (as defined below) to 

  
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which interest has been paid or duly provided for or, if no interest has been paid, from the Issue Date (or, in the case of Additional 2028 Notes, from date of issuance thereof) until the
principal thereof becomes due and payable. The amount of interest payable for any period will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including
the date from which interest begins to accrue for the period (or from the Issue Date if no interest has been paid on the 2028 Notes) to, but excluding the next scheduled interest payment date. This payment convention is referred to as Actual/Actual
(ICMA) as defined in the rulebook of the International Capital Markets Association. 
 Interest on the 2028 Notes is payable annually in
arrears on September 15 of each year (each, an “Interest Payment Date”), commencing on September 15, 2017 (or such later first Interest Payment Date, in the case of Additional 2028 Notes), to the Person in whose name such
2028 Note is registered, at the close of business on the Regular Record Date for such interest installment, which shall be the close of business on September 1 (whether or not a Business Day), immediately preceding such Interest Payment Date,
and at the foregoing respective rates on overdue principal. In the event that any Interest Payment Date is not a Business Day, then payment of the interest payable on such Interest Payment Date will be made on the next succeeding day which is a
Business Day (and without any interest or other payment in respect of any such delay) with the same force and effect as if made on the Interest Payment Date such payment was originally payable. 

(g)    Place of Payment of Principal and Interest. Section 4.02 of the Base Indenture shall apply to the 2028
Notes. 
 (h)    Optional Redemption. The 2028 Notes shall be redeemable as specified in Article 3 of this Third
Supplemental Indenture and Article 3 of the Base Indenture. 
 (i)    Mandatory Redemption. Except as set forth
in Section 5.04 hereof, the Issuer shall not be required to make mandatory redemption or sinking fund payments with respect to the 2028 Notes. 

(j)    Denominations. The 2028 Notes shall be issuable only in registered form, without coupons, in minimum
denominations of €100,000 and integral multiples of €1,000 in excess of thereof. 

(k)    Acceleration. 100% of the principal amount of the 2028 Notes shall be payable upon declaration of
acceleration of the Stated Maturity thereof. 
 (l)    Currency of the 2028 Notes. The 2028 Notes shall be
denominated, and payment of principal and interest of the 2028 Notes shall be payable in euro. If the euro is unavailable to the Issuer due to the imposition of exchange controls or other circumstances beyond the Issuer’s control or if the euro
is no longer being used by the then member states of the European Monetary Union that have adopted the euro as their currency or for the settlement of transactions by public institutions of or within the international banking community, then all
payments in respect of the 2028 Notes will be made in U.S. dollars until the euro is again available to the Issuer or so used. In such circumstances, the amount payable on any date in euro will be converted into U.S. dollars at the rate mandated by
the U.S. Federal Reserve Board as of the close of business on the second Business Day prior to the relevant payment date or, in the event the U.S. Federal Reserve Board has not mandated a rate of conversion, on the basis of the then most recent U.S.
dollar/euro exchange rate available on or prior to the second Business Day prior to the relevant payment date as determined by the Issuer in the Issuer’s sole discretion. Any payment in respect of the 2028 Notes so made in U.S. dollars will not
constitute an event of default under the 2028 Notes or the Indenture. Neither the Trustee nor the Paying Agent shall have any responsibility for any calculation or conversion in connection with the foregoing. 

  
 -8- 

 (m)    Currency of Payment. The principal of and interest on the 2028
Notes shall be payable in euro. 
 (n)    Exchange or Conversion. The 2028 Notes shall not be exchangeable for or
convertible into the ordinary shares of the Issuer or any other security. 
 (o)    Additional Amounts. The
Issuer will pay any additional amounts on the 2028 Notes as set forth in Section 5.03. 
 (p)    Global Form;
Definitive Form. The 2028 Notes shall be issued initially in the form of one or more permanent Global Notes in registered form, without coupons, substantially in the form herein below recited (each, a “Global Note” and
collectively, the “Global Notes”), deposited with the Common Depository and registered in the name of the nominee of the Common Depository for the accounts of the Depositary, duly executed by the Issuer and authenticated by the
Authenticating Agent as herein provided. The 2028 Notes may be issued in definitive form pursuant to the terms of the Base Indenture. The aggregate principal amount of each Global Note may from time to time be increased or decreased by adjustments
made on the records of the Registrar as provided in Section 2.01(b) of the Base Indenture. 
 (q)    Trustee;
Registrar; Paying Agent; Authenticating Agent. Wilmington Trust, National Association shall initially act as Trustee. Deutsche Bank Trust Company Americas, a New York banking corporation, shall initially act as Registrar, Paying Agent and
Authenticating Agent. 
 (r)    Defeasance. Article 8 of the Base Indenture shall apply to the 2028 Notes. 

(s)    Depositary. The Depositary for any 2028 Notes issued as Global Notes shall initially be Euroclear and
Clearstream (or any successors thereto) (the “Depositary”). The Common Depository for the 2028 Notes issued under this Third Supplemental Indenture shall initially be Deutsche Bank AG, London Branch. 

(t)    Events of Default; Covenants. The Events of Default in Section 6.01 of the Base Indenture and the
additional Events of Default set forth in Section 7.01 of this Third Supplemental Indenture and the covenants set forth in Article 4 of the Base Indenture and Article 5 of this Third Supplemental Indenture shall apply to the 2028 Notes. 

(u)    Additional Terms. Other terms applicable to the 2028 Notes are as otherwise provided for below. 

Section 2.02. Execution and Authentication. The 2028 Notes having an aggregate principal amount of €500,000,000 may, upon
execution of this Third Supplemental Indenture, be executed by the Issuer and delivered to the Authenticating Agent for authentication, and the Authenticating Agent shall thereupon authenticate and deliver said 2028 Notes, upon receipt of an
Authentication Order, signed by an Officer of the Issuer, without any further action by the Issuer, except as otherwise required by the Base Indenture. 

Section 2.03. Valuation of Principal Amount of Securities. To the extent that any other securities are issued under the Indenture and
denominated in a currency other than euro, the principal amount of the 2028 Notes and such other securities for purposes of any act, consent or waiver under the Indenture shall be determined as the dollar equivalent thereof, converted based on the
spot rate (as determined by the Issuer in its sole discretion) at 11:00 a.m. on the Business Day before the record date for such act, waiver or consent (or, if there is no such record date, the date when such act, consent or waiver is taken). 

  
 -9- 

 ARTICLE 3 

REDEMPTION OF THE NOTES 

Section 3.01. Optional Redemption. 

(a)    At any time prior to June 15, 2028, the Issuer may at its option redeem the 2028 Notes, in whole or in part,
at a redemption price equal to the greater of: 
 (i) 100% of the principal amount of the 2028 Notes to be redeemed; and

 (ii) the sum of the present value of (i) the redemption price (100% of the principal amount of the 2028 Notes to be
redeemed) on June 15, 2028 and (ii) all required remaining scheduled interest payments due on the 2028 Notes to be redeemed through June 15, 2028 (not including any portion of such payments of interest accrued and unpaid to the
Redemption Date) discounted to the Redemption Date on an annual basis (Actual/Actual ICMA) at the applicable Comparable Government Bond Rate plus 25 basis points, 

plus accrued and unpaid interest on the principal amount of the 2028 Notes to be redeemed to, but not including, the Redemption Date.
The Comparable Government Bond Rate will be calculated on the third Business Day next preceding the Redemption Date (the “Calculation Date”). 

(b)    If the 2028 Notes are redeemed at any time on or after June 15, 2028, the 2028 Notes may be redeemed at a
redemption price equal to 100% of the principal amount of the 2028 Notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. 

(c)    Notice of any such redemption must be mailed by first-class mail to each Holder’s registered address, or
delivered electronically if held by any depositary in accordance with such depositary’s customary procedures, not less than 15 nor more than 60 days prior to the Redemption Date. 

(d)    The following terms have the meanings given to them in this Section 3.01(d): 

“Comparable Government Bond Rate” means the yield to maturity, expressed as a percentage (rounded to three
decimal places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, of the Comparable Government Bond (as defined below) on the basis of the middle market price of the Comparable Government Bond
prevailing at 11:00 a.m. (London time) on such Business Day as determined by an independent investment bank selected by the Issuer. 

“Comparable Government Bond” means, in relation to any Comparable Government Bond Rate calculation, at the
discretion of an independent investment bank selected by the Issuer, a German government bond whose maturity is closest to the maturity of the 2028 Notes to be redeemed, or if such independent investment bank in its discretion determines that such
similar bond is not in issue, such other German government bond as such independent investment bank may, with the advice of three brokers of, and/or market makers in, German government bonds selected by the Issuer, determine to be appropriate for
determining the Comparable Government Bond Rate. 
 (e)    If the Issuer partially redeems the 2028 Notes, the 2028
Notes to be redeemed shall be selected in accordance with the applicable procedures of the Depositary, although no 2028 Notes less than €100,000 in original principal amount will be redeemed in part. 

  
 -10- 

 (f)    Any redemption of 2028 Notes pursuant to this Section 3.01 shall
be conducted in accordance with the applicable procedures set forth in Article 3 of the Base Indenture to the extent not otherwise set forth herein. 

Section 3.02. Tax Redemption. 

(a)    The Issuer may redeem the 2028 Notes as a whole but not in part, at its option at any time prior to maturity, upon
the giving of a written notice of redemption to the holders, with a copy to the Trustee, if it determines that, as a result of: 

(i) any change in or amendment to the laws, or any regulations or rulings promulgated under the laws, of a Relevant
Jurisdiction (as defined in Section 5.03) affecting taxation, or 
 (ii) any change in or amendment to an official
position regarding the application or interpretation of the laws, regulations or rulings referred to above, 

(b)    which change or amendment is announced and becomes effective after the Issue Date (or, if the Relevant Jurisdiction
becomes a Relevant Jurisdiction on a date after the Issue Date, after such later date) (each of the foregoing, a “Change in Tax Law”), the Issuer or any Guarantor is or will become obligated to pay Additional Amounts with respect to
the 2028 Notes or the Note Guarantees on the next succeeding interest payment date, pursuant to Section 5.03 (but in the case of a Guarantor, only if the payments giving rise to such obligation cannot be made by the Issuer or another Guarantor
without the obligation to pay Additional Amounts) and the payment of such Additional Amounts cannot be avoided by the use of reasonable measures available to the Issuer or the Guarantor. The redemption price will be equal to 100% of the principal
amount of the 2028 Notes plus accrued and unpaid interest to but excluding the date fixed for redemption (a “Tax Redemption Date”), and all Additional Amounts (if any) then due or which will become due on the Tax Redemption Date as
a result of the redemption or otherwise (subject to the right of Holders of the 2028 Notes on any record date occurring prior to the Tax Redemption Date to receive interest due on the relevant interest payment date and Additional Amounts (if any) in
respect thereof). The date and the applicable redemption price will be specified in the notice of tax redemption. Notice of such redemption will be irrevocable, and must be mailed by first-class mail to each Holder’s registered address, or
delivered electronically if held by any depositary in accordance with such depositary’s customary procedures, not less than 15 nor more than 60 days prior to the earliest date on which the Issuer would be obligated to pay such Additional
Amounts if a payment in respect of the 2028 Notes were actually due on such date. No such notice of redemption will be given unless, at the time such notification of redemption is given, such obligation to pay such Additional Amounts remains in
effect. 
 (c)    Prior to giving the notice of tax redemption, the Issuer will deliver to the Trustee: 

(i) a certificate signed by a duly authorized officer stating that the Issuer is entitled to effect the redemption and setting
forth a statement of facts showing that the conditions precedent to the right of the Issuer to so redeem have occurred; and 

(ii) an opinion of independent tax counsel of recognized standing qualified under the laws of the Relevant Jurisdiction,
selected by the Issuer, to the effect that the Issuer is or would be obligated to pay Additional Amounts as a result of a Change in Tax Law. 

(d)    The foregoing provisions shall apply mutatis mutandis to any successor to the Issuer. 

  
 -11- 

 ARTICLE 4 

NOTE GUARANTEES 
 Section 4.01.
Note Guarantees. Each Guarantor hereby unconditionally and irrevocably expressly assumes, confirms and agrees to perform and observe each and any of the covenants, agreements, terms, conditions, obligations, appointments, duties, promises and
liabilities of a Guarantor under the Base Indenture with respect to the 2028 Notes as if it were an original signatory thereto. The Note Guarantee of any Guarantor will be released without any further action required on the part of the Trustee or
any holder: (1) upon (i) the sale or other disposition (including by way of consolidation, merger, dissolution or otherwise) of the Capital Stock of such Guarantor such that it is no longer a Subsidiary of the Issuer or (ii) the sale
or other disposition of all or substantially all of the assets of such Guarantor; (2) when such Guarantor is no longer an obligor (whether as an issuer or guarantor) on any of Delphi Corporation’s senior notes outstanding on the Issue
Date; or (3) upon legal or covenant defeasance or satisfaction and discharge of the 2028 Notes. 
 Section 4.02. Future
Guarantees. (a) If any Domestic Subsidiary of the Issuer guarantees any of the Existing Notes, each such Subsidiary shall, within 30 days, execute and deliver to the Trustee a supplemental indenture pursuant to which such Domestic Subsidiary
will provide a Note Guarantee to the 2028 Notes for so long as such Existing Notes remain outstanding and are guaranteed by such Subsidiary. For the avoidance of doubt, any such Note Guarantee referred to in this Section 4.02(a) shall be
automatically released if (1) the Existing Notes cease to be outstanding or (2) the Existing Notes are no longer guaranteed by the Domestic Subsidiary providing such Note Guarantee. 

(b)    The Issuer, at its option, may cause any Subsidiary of the Issuer to become a Guarantor and if such Subsidiary is
not otherwise required under the Indenture to provide a Note Guarantee to the 2028 Notes, the Issuer, at its option, may cause any such Note Guarantee to be released, subject to applicable law. 

ARTICLE 5 
 COVENANTS 

The following covenants will apply to the 2028 Notes in addition to the covenants in Article 4 of the Base Indenture: 

Section 5.01. Limitation on Liens. 

(a)    Delphi LLP will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur or permit to
exist any Lien (the “Initial Lien”) of any nature whatsoever on any Principal Property or Capital Stock of a Restricted Subsidiary, whether owned at the Issue Date or thereafter acquired, which Initial Lien secures any Indebtedness,
without effectively providing that the 2028 Notes shall be secured equally and ratably with (or prior to) the obligations so secured for so long as such obligations are so secured other than the following (“Permitted Liens”): 

(1)    Liens securing Indebtedness under Credit Facilities in an aggregate principal amount not to exceed
$2,075 million; 
 (2)    pledges or deposits by such Person under workers’ compensation laws,
unemployment insurance laws or similar legislation, or good faith deposits in connection with bids, tenders, contracts (other than for the payment of Indebtedness) or leases, subleases, licenses or sublicenses to which such Person is a party, or
deposits to secure public or statutory obligations of such Person or deposits of cash or United States government bonds to secure surety, stay, customs, replevin or appeal bonds to which such Person is a party, or deposits as security or for the
payment of rent, in each case incurred in the ordinary course of business; 

  
 -12- 

 (3)    Liens imposed by law, such as carriers’,
warehousemen’s and mechanics’, materialman’s, repairman’s, landlord’s, workman’s, supplier’s and other like Liens, in each case for sums not yet due or being contested in good faith by appropriate proceedings or
other Liens arising out of judgments or awards against such Person with respect to which such Person shall then be proceeding with an appeal or other proceedings for review; 

(4)    Liens for taxes, assessments or other governmental charges not yet due or payable or subject to
penalties for non-payment or which are being contested in good faith by appropriate proceedings; 

(5)    Liens in favor of issuers of surety or performance bonds or letters of credit, bank guarantees,
bankers’ acceptances or similar credit transactions issued pursuant to the request of and for the account of such Person in the ordinary course of its business; 

(6)    survey exceptions, encumbrances, easements or reservations of, or rights of others for, licenses,
rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property or Liens incidental to the conduct of the business of such Person or to the ownership of
its properties which do not in the aggregate materially adversely affect the value of said properties or materially impair their use in the operation of the business of such Person; 

(7)    Liens securing Indebtedness incurred to finance the construction, purchase or lease of, or repairs,
improvements or additions to, property of such Person; provided, however, that the Lien may not extend to any other property (other than accessions thereto, proceeds and products thereof and property related to the property being
financed or through cross-collateralization of individual financings of equipment provided by the same lender) owned by such Person or any of its Subsidiaries at the time the Lien is incurred, and the Indebtedness (other than any interest thereon)
secured by the Lien may not be incurred more than 270 days after the later of the acquisition, completion of construction, repair, improvement, addition or commencement of full operation of the property subject to the Lien; 

(8)    Liens existing on the Issue Date and extensions, renewals, refinancings and replacements of any
such Liens (including any future Liens securing Indebtedness that Delphi LLP designates as a “replacement” of such Liens for purposes of this clause, even if such new Indebtedness is not issued concurrently with the repayment of the
indebtedness so secured, the proceeds thereof are not used to repay such Indebtedness secured by such Liens or such Indebtedness is incurred for different purposes and by a different borrower) so long as the principal amount of Indebtedness
(including for this purpose, revolving commitments under the Credit Agreement as in effect on the Issue Date immediately before the issuance of the 2028 Notes, which shall be deemed to be outstanding for these purposes even if undrawn) or other
obligations secured thereby is not increased (other than to cover premiums, fees, accrued interest and any expenses of such extension, renewal, refinancing or replacement) and so long as such Liens are not extended to any other property of Delphi
LLP or any of its Subsidiaries (other than pursuant to blanket lien or after acquired property clauses existing in the applicable agreements (including any obligation to have new guarantors provide Liens on the same assets owned by it)); 

(9)    Liens on property or shares of stock of another Person at the time such other Person becomes a
Subsidiary of such Person; provided, however, that such Liens are not created, 

  
 -13- 

 
incurred or assumed in connection with, or in contemplation of, such other Person becoming such a Subsidiary; provided further, however, that such Liens do not extend to any
other property owned by such Person or any of its Subsidiaries, except proceeds and products thereof and improvements thereon or pursuant to after acquired property clauses existing in the applicable agreements at the time such Person becomes a
Subsidiary which do not extend to property transferred to such Person by Delphi LLP or a Restricted Subsidiary; 

(10)    Liens on property at the time such Person or any of its Subsidiaries acquires the property,
including any acquisition by means of a merger or consolidation with or into such Person or any Subsidiary of such Person; provided, however, that such Liens are not created, incurred or assumed in connection with, or in contemplation
of, such acquisition; provided further, however, that the Liens do not extend to any other property owned by such Person or any of its Subsidiaries other than proceeds or products thereof and accessions thereto; 

(11)    Liens securing Indebtedness or other obligations of Delphi LLP or a Subsidiary owing to Delphi LLP
or a Subsidiary of Delphi LLP; 
 (12)    Liens to secure any Refinancing (or successive Refinancings)
as a whole, or in part, of any Indebtedness secured by any Lien referred to in the foregoing clauses (7), (9) and (10); provided, however, that: 

(A)    such new Lien shall be limited to all or part of the same property that secured the original Lien
(plus improvements, accessions, proceeds, dividends or distributions in respect thereof) and 

(B)    the Indebtedness secured by such Lien at such time is not increased to any amount greater than the
sum of: 
 (i)    the outstanding principal amount or, if greater, committed amount of the indebtedness
secured by Liens described under clauses (7), (9) or (10) at the time the original Lien became a Permitted Lien under the Indenture; and 

(ii)    an amount necessary to pay any fees and expenses, including premiums, related to such
Refinancings; 
 (13)    judgment Liens not giving rise to an Event of Default; 

(14)    Liens securing Indebtedness consisting of (A) the financing of insurance premiums with the
providers of such insurance or their affiliates and (B) take-or-pay obligations contained in supply arrangements in the ordinary course of business; and 

(15)    other Liens to secure Indebtedness as long as the amount of outstanding Indebtedness secured by
Liens incurred pursuant to this clause (15), when aggregated with the amount of Attributable Debt outstanding and incurred in reliance on Section 5.02(e), does not exceed 15.0% of Consolidated Total Assets at the time any such Lien is granted;
provided, however, notwithstanding whether this clause (15) would otherwise be available to secure Indebtedness, Liens securing Indebtedness originally secured pursuant to this clause (15) may secure Refinancing Indebtedness
in respect of such Indebtedness and such Refinancing Indebtedness shall be deemed to have been secured pursuant to this clause (15). 

  
 -14- 

 (b)    Any Lien created for the benefit of the Holders of the 2028 Notes
pursuant to Section 5.01(a) shall provide by its terms that such Lien shall be automatically and unconditionally released and discharged upon the release and discharge of the Initial Lien. 

(c)    For purposes of determining compliance with this Section 5.01, (A) a Lien securing an item of
Indebtedness need not be permitted solely by reference to one category of permitted Liens described in the definition of “Permitted Liens” but may be permitted in part under any combination thereof and (B) in the event that a Lien
securing an item of Indebtedness (or any portion thereof) meets the criteria of one or more of the categories of permitted Liens described in the definition of “Permitted Liens,” Delphi LLP shall, in its sole discretion, classify or
reclassify, or later divide, classify or reclassify, such Lien securing such item of Indebtedness (or any portion thereof) in any manner that complies with this covenant and will only be required to include the amount and type of such Lien or such
item of Indebtedness secured by such Lien in one of the clauses of the definition of “Permitted Liens” and such Lien securing such item of Indebtedness will be treated as being incurred or existing pursuant to only one of such clauses.

 Section 5.02. Limitation on Sale/Leaseback Transactions. Delphi LLP will not, and will not permit any Restricted Subsidiary to,
enter into any Sale and Leaseback Transaction with respect to any Principal Property unless: 
 (a)    the Sale and
Leaseback Transaction is solely with Delphi LLP or a Subsidiary of Delphi LLP; 
 (b)    the lease is for a period not
in excess of 24 months, including renewals; 
 (c)    Delphi LLP or such Restricted Subsidiary would (at the time of
entering into such arrangement) be entitled as described in clauses (1) through (14) of the definition of “Permitted Liens,” without equally and ratably securing the 2028 Notes then outstanding under the Indenture, to create,
incur, issue, assume or guarantee Indebtedness secured by a Lien on such property in the amount of the Attributable Debt arising from such Sale and Leaseback Transaction; 

(d)    Delphi LLP or such Restricted Subsidiary within 360 days after the sale of such Principal Property in connection
with such Sale and Leaseback Transaction is completed, applies an amount equal to the net proceeds of the sale of such Principal Property to (i) the permanent retirement of 2028 Notes, other Indebtedness of the Issuer ranking on a parity with
the 2028 Notes or Indebtedness of Delphi LLP or a Subsidiary of Delphi LLP or (ii) the purchase of property; or 

(e)    the Attributable Debt of Delphi LLP and its Restricted Subsidiaries in respect of such Sale and Leaseback
Transaction and all other Sale and Leaseback Transactions entered into after the Issue Date with respect to Principal Property (other than any such Sale and Leaseback Transaction as would be permitted as described in clauses (a) through
(d) above), plus the aggregate principal amount of Indebtedness secured by Liens on Principal Properties then outstanding (not including any such Indebtedness secured by Liens described in clauses (1) through (14) of the definition of
“Permitted Liens”) which do not equally and ratably secure such outstanding 2028 Notes (or secure such outstanding 2028 Notes on a basis that is prior to other Indebtedness secured thereby), would not exceed 15% of Consolidated Total
Assets. 
 Section 5.03. Payments of Additional Amounts. 

(a)    Payments made by the Issuer, a Guarantor or a Paying Agent, as applicable, on the 2028 Notes or in respect of a
Note Guarantee will be made free and clear of, and without withholding or 

  
 -15- 

 
deduction for or on account of, any present or future income, stamp or other tax, duty, levy, impost, assessment or other governmental charge of any nature whatsoever (“Taxes”),
unless the Issuer, a Guarantor or a Paying Agent is required to withhold or deduct Taxes by law. 
 (b)    If any
withholding or deduction for or on account of Taxes imposed or levied by or on behalf of the United States, the United Kingdom, Jersey, any other jurisdiction in which the Issuer or any Guarantor is incorporated, organized, engaged in business or
otherwise resident for tax purposes, or any other jurisdiction from or through which such payment is made, or in each case any political subdivision or taxing authority or agency thereof or therein (each, a “Relevant Jurisdiction”)
is at any time required by law to be made from any payment made with respect to the 2028 Notes or the Note Guarantee, the Issuer or the applicable Guarantor, as applicable, will pay such additional amounts (“Additional Amounts”) on
the 2028 Notes or in respect of the applicable Note Guarantee as may be necessary so that the net amount received by each holder of the 2028 Notes (including Additional Amounts) after such withholding or deduction will not be less than the amount
the holder would have received if such Taxes had not been withheld or deducted; provided that no Additional Amounts will be payable with respect to Taxes: 
  

	 	(i)	that would not have been imposed but for the Holder or the beneficial owner of such 2028 Note (or a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such Holder or beneficial
owner, if such Holder or beneficial owner is an estate, trust, partnership or corporation) being considered as having a present or former connection with a Relevant Jurisdiction (other than a connection arising solely as a result of the acquisition,
ownership or disposition of the 2028 Notes, the receipt of any payment under or with respect to the 2028 Notes or any Note Guarantee, or the exercise or enforcement of any rights under or with respect to the 2028 Notes, the Indenture or any Note
Guarantee), including, without limitation, such Holder or beneficial owner (or such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or treated as a resident thereof or domiciled
therein or a national thereof or being or having been engaged in a trade or business therein or having or having had a permanent establishment therein; 

  

	 	(ii)	that would not have been imposed but for the failure of the Holder or any other person to comply with certification, identification or information reporting requirements concerning the nationality, residence, identity
or connection with the Relevant Jurisdiction of the Holder or beneficial owner, if compliance is required by statute, by regulation of the Relevant Jurisdiction by an applicable income tax treaty to which the Relevant Jurisdiction is a party as a
precondition to exemption from such Tax; 

  

	 	(iii)	payable other than by withholding from payments of principal of or interest on the 2028 Notes or from payments in respect of a Note Guarantee; 

 

	 	(iv)	that would not have been imposed but for a change in law, regulation or administrative or judicial interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever
occurs later; 

  

	 	(v)	that are estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property or similar Taxes; 

  

	 	(vi)	that are imposed on a payment to an individual and that is required to be made pursuant to, or to any law implementing or complying with, or introduced in order to conform to, any European Union Directive on the
taxation of savings; 

  
 -16- 

	 	(vii)	required to be withheld by any Paying Agent from any payment of principal of or interest on any 2028 Note, if such payment can be made without such withholding by at least one other Paying Agent; 

 

	 	(viii)	that would not have been imposed but for the presentation by the holder of any 2028 Note, where presentation is required, for payment on a date more than 30 days after the date on which such payment became due and
payable or the date on which payment thereof was duly provided for, whichever occurred later (except to the extent that the holder would have been entitled to Additional Amounts had the 2028 Note been presented on the last day of such 30-day
period); 

  

	 	(ix)	that are U.S. federal income Taxes imposed by reason of the Holder or beneficial owner of the 2028 Notes (i) being considered as (a) being or having been a controlled foreign corporation for U.S. federal
income tax purposes or a corporation that has accumulated earnings to avoid U.S. federal income tax; (b) being or having been a “10-percent shareholder” of the Issuer as defined in section 871(h)(3) of the Code (or any amended or
successor provision); or (c) being or having been a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the ordinary course of its trade or business or (ii) failing to provide an applicable
IRS Form W-8 certifying as to such person’s non-U.S. status; 

  

	 	(x)	that are imposed under Sections 1471 through 1474 of the Code as of the Issue Date (or any amended or successor provision that is substantively comparable), any current or future regulations or official interpretations
thereof, any agreement entered into pursuant to Section 1471(b) of the Code as of the Issue Date (or any amended or successor provision that is substantively comparable) or any fiscal or regulatory legislation, rules or practices adopted
pursuant to any intergovernmental agreement entered into in connection with the implementation of such sections of the Code; or 

  

	 	(xi)	in the case of any combination of clauses (i), (ii), (iii), (iv), (v), (vi), (vii), (viii), (ix) and (x); 

nor shall Additional Amounts be paid with respect to any payment of the principal of or interest, if any, on any 2028 Note or any payment in
respect of a Note Guarantee to any such holder who is a fiduciary or a partnership or a beneficial owner that is not the sole beneficial owner of such payment to the extent a beneficiary or settlor with respect to such fiduciary or a member of such
partnership or a beneficial owner would not have been entitled to such Additional Amounts had it been the holder of the 2028 Note. 

(c)    The Issuer, a Guarantor or the Paying Agent, as applicable, will (i) make any required withholding or
deduction, and (ii) remit the full amount deducted or withheld by it to the Relevant Jurisdiction in accordance with applicable law. 

(d)    All references in this Indenture, other than in Section 2.01(s) of this Third Supplemental Indenture and
Sections 8.02, 8.03 and 8.06 of the Base Indenture, to the payment of the principal or interest, if any, on or the net proceeds received on the sale or exchange of, any 2028 Notes or any payment made under the Note Guarantee shall be deemed to
include Additional Amounts to the extent that, in that context, Additional Amounts are, were or would be payable. 

(e)    In addition, the Issuer shall pay any present or future stamp, issue, registration, court, documentary, excise,
property, or similar Taxes (i) imposed by any Relevant Jurisdiction in respect of the execution, issuance, delivery, or registration of the 2028 Notes, any Note Guarantee, the Indenture, or any other document or instrument referred to therein,
or the receipt of any payments with respect to the 2028 Notes, or (ii) imposed by any jurisdiction in respect of the enforcement of the 2028 Notes, any Note Guarantee, the Indenture, or any other document or instrument referred to therein. 

  
 -17- 

 (f)    The Issuer’s and a Guarantor’s obligations to pay Additional
Amounts if and when due will survive the termination of the Indenture and the payment of all other amounts in respect of the 2028 Notes and shall apply mutatis mutandis to any successor of the Issuer or any Guarantor, and to any jurisdiction in
which such successor is incorporated, organized, engaged in business or otherwise resident for tax purposes, and any political subdivision or governmental authority thereof or therein. 

Section 5.04. Change of Control Triggering Event. Upon the occurrence of a Change of Control Triggering Event, each Holder will have
the right to require the Issuer to purchase all or any part of such Holder’s 2028 Notes at a purchase price in cash equal to 101% of the principal amount thereof plus accrued and unpaid interest to the date of purchase (subject to the right of
Holders of record on the relevant record date to receive interest due on the relevant interest payment date). 
 “Change of
Control” means the occurrence of any of the following: 
 (1)    any transaction occurs
(including a merger or consolidation of the Issuer) following which any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is 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 total voting power of the Voting Stock of the Issuer; or 

(2)    sale, lease or transfer (for the avoidance of doubt, other than a transfer to the Issuer or one of
its Subsidiaries), in one or a series of related transactions, of all or substantially all the assets of the Issuer and its Subsidiaries, taken as a whole, to a Person in which any person (as defined above) holds or acquires beneficial ownership
(within the meaning of Rule 13d-3 under the Exchange Act) of 50% or more of the total voting power of the Voting Stock of such transferee Person. 

“Change of Control Triggering Event” means (1) the ratings of the 2028 Notes are downgraded by each of the Ratings
Agencies during the 60-day period (the “Trigger Period”) commencing on the earlier of (i) the occurrence of a Change of Control or (ii) the first public announcement of the occurrence of a Change of Control or the
Issuer’s intention to effect a Change of Control (which Trigger Period will be extended so long as the ratings of the 2028 Notes are under publicly announced consideration for possible downgrade by any of the Ratings Agencies) and (2) the
2028 Notes are rated below an Investment Grade Rating by each of the Ratings Agencies on any date during the Trigger Period; provided that (x) a Change of Control Triggering Event will not be deemed to have occurred in respect of a
particular Change of Control if each Ratings Agency does not publicly announce or confirm or inform the Trustee in writing at the Issuer’s request that the reduction was the result of the Change of Control (whether or not the applicable Change
of Control has occurred at the time of the Change of Control Triggering Event) and (y) the Trigger Period will terminate with respect to each Ratings Agency when such Ratings Agency takes action (including affirming its existing ratings) with
respect to such Change of Control. Notwithstanding the foregoing, no Change of Control Triggering Event will be deemed to have occurred in connection with any particular Change of Control unless and until such Change of Control has actually been
consummated. 
 Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control if (1) the Issuer
becomes a direct or indirect Subsidiary of a holding company and (2) no person (as defined above) (other than a holding company) owns, directly or indirectly, a majority of the voting power of the Equity Interests of such holding company. 

  
 -18- 

 Within 30 days following any Change of Control Triggering Event, the Issuer shall (unless prior
to such date such Change of Control Triggering Event ceases to exist) deliver by mail or electronic means a notice to each Holder with a copy to the Trustee (the “Change of Control Offer”), stating: 

(1)    that a Change of Control Triggering Event has occurred and that such Holder has the right to
require the Issuer to purchase all or a portion of such Holder’s 2028 Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest to the date of purchase (subject to the right of Holders of
record on the relevant record date to receive interest on the relevant interest payment date); 

(2)    the circumstances and relevant facts and financial information regarding such Change of Control
Triggering Event; 
 (3)    the purchase date (which shall be no earlier than 30 days nor later than 60
days from the date such notice is delivered); and 
 (4)    the instructions determined by the Issuer,
consistent with this covenant, that a Holder must follow in order to have its 2028 Notes purchased. 
 The Issuer will not be required to
make a Change of Control Offer upon a Change of Control Triggering Event if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 5.04 and
purchases all 2028 Notes validly tendered and not withdrawn under such Change of Control Offer. In addition, the Issuer will not be required to make a Change of Control Offer upon a Change of Control Triggering Event if the 2028 Notes have been or
are called for redemption by the Issuer prior to it being required to deliver notice of the Change of Control Offer, and thereafter redeems all 2028 Notes called for redemption in accordance with the terms set forth in such redemption notice.
Notwithstanding anything to the contrary contained herein, a revocable Change of Control Offer may be made in advance of a Change of Control Triggering Event, conditioned upon the consummation of the relevant Change of Control, if a definitive
agreement is in place for such Change of Control at the time the Change of Control Offer is made. 
 The Issuer will comply, to the extent
applicable, with the requirements of Section 14(e) of the Exchange Act and any other securities laws or regulations in connection with the purchase of 2028 Notes pursuant to this Section 5.04. To the extent that the provisions of any
securities laws or regulations conflict with provisions of this Section 5.04, the Issuer will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under this Section 5.04 by
virtue thereof. 
 Notwithstanding any provisions in the Base Indenture to the contrary, but subject to Section 6.07 of the Base
Indenture, the Issuer’s obligations to make a Change of Control Offer as a result of a Change of Control Triggering Event may be waived or modified with the written consent of the Holders of a majority in principal amount of the then
outstanding 2028 Notes. 

  
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 ARTICLE 6 

CONSOLIDATION, MERGER AND SALE OF ASSETS 

Section 6.01. Consolidation, Merger and Sale of Assets of Guarantors. (a) Delphi LLP will not and will not permit any other
Guarantor to, directly or indirectly, consolidate with or merge with or into, or convey, transfer or lease all or substantially all of its assets in one or a series of related transactions to, any Person unless: 

(1)(A) the resulting, surviving or transferee Person (the “Successor Guarantor”) will be a corporation,
limited liability partnership, limited liability company, limited company, or other similar organization (and in the case of any such transaction involving Delphi LLP, such Successor Guarantor shall be organized under the laws of the jurisdiction of
organization of the United States of America (or any state thereof or the District of Columbia), the United Kingdom, Jersey and any other jurisdiction in the Channel Islands, any member state of the European Union as in effect on the Issue Date,
Switzerland, Bermuda, The Cayman Islands or Singapore), and such Person (if not such Guarantor) will expressly assume, by a supplemental indenture, executed and delivered to the Trustee, all the obligations of such Guarantor under its Note
Guarantee; 
 (B)    immediately after giving effect to such transaction, no Default shall have occurred
and be continuing; and 
 (C)    the Issuer will have delivered to the Trustee an Officer’s
Certificate and an Opinion of Counsel, each stating that such consolidation, merger or transfer and such supplemental indenture (if any) comply with the Indenture; or 

(2)    such Guarantor will be released from its Note Guarantee in connection therewith as provided in the
Indenture. 
 (b)    Notwithstanding Section 5.02 of the Base Indenture or clause (a) of this
Section 6.01: 
 (A)    any Subsidiary of Delphi LLP may consolidate with, merge into or transfer
all or part of its properties and assets to the Issuer, any Guarantor or any Subsidiary of Delphi LLP; and 

(B)    the Issuer and any Guarantor may merge with an Affiliate organized solely for the purpose of
reorganizing the Issuer or such Guarantor in another jurisdiction. 
 ARTICLE 7 

EVENTS OF DEFAULT 
 Section 7.01.
Events of Default. In addition to the Events of Default set forth in Section 6.01 of the Base Indenture, the following is an “Event of Default” with respect to the 2028 Notes: 

(1)    the failure by the Issuer or any Note Guarantor to comply with its obligations under
Section 6.01 of this Third Supplemental Indenture; 
 (2)    the failure by the Issuer or any
Restricted Subsidiary to comply for 60 days after notice with any of its obligations under Section 5.04 of this Third Supplemental Indenture (in each case, other than a failure to purchase 2028 Notes); and 

  
 -20- 

 (3)    any Note Guarantee of the 2028 Notes of Delphi LLP or
any Significant Subsidiary (or group of Subsidiaries that together would constitute a Significant Subsidiary) ceases to be in full force and effect in all material respects (except as contemplated by the terms thereof) or any Guarantor denies or
disaffirms such Guarantor’s obligations under the Indenture or any Note Guarantee of the 2028 Notes and such Default continues for 10 days after receipt of the notice as specified in the Indenture. 

However, a default under clauses (2) or (3) will not constitute an Event of Default with respect to any 2028 Notes until the Trustee
notifies the Issuer, or the Holders of at least 25% in principal amount of the outstanding 2028 Notes and notes of all series affected thereby notify the Issuer and the Trustee, of the default and the Issuer or the Guarantor, as applicable, does not
cure such default within the time specified in clauses (2) or (3) hereof after receipt of such notice. 
 Section 7.02.
Limitations on Suits. With respect to the 2028 Notes, the first sentence of Section 6.06 of the Base Indenture shall be amended by deleting the “A” at the beginning of the sentence and replacing it with the following:
“Except to enforce the right to receive payment of principal, premium (if any) or interest when due, a”. 
 ARTICLE 8 

AMENDMENTS AND WAIVERS 
 Section
8.01. Without Consent of Holder. In addition to the provisions of Section 9.01 of the Base Indenture, the Issuer, the Guarantors and the Trustee may, as applicable, amend or supplement this Third Supplemental Indenture, the Note
Guarantees of the 2028 Notes or the 2028 Notes, without the consent of any Holder of a 2028 Note to: 
 (a)    convey,
transfer, assign, mortgage or pledge as security for the 2028 Notes any property or assets in accordance with Section 5.01 of this Third Supplemental Indenture and confirm or evidence any release thereof permitted by the Indenture. 

ARTICLE 9 
 MISCELLANEOUS 

Section 9.01. Ratification of Base Indenture. The Base Indenture, as supplemented by this Third Supplemental Indenture, is in all
respects ratified and confirmed, and this Third Supplemental Indenture shall be deemed part of the Indenture in the manner and to the extent herein and therein provided. 

Section 9.02. Governing Law. This Third Supplemental Indenture and the 2028 Notes shall be governed by and construed in accordance with
the laws of the State of New York without regard to conflicts of laws. 
 Section 9.03. Separability. In case any one or more of the
provisions contained in this Third Supplemental Indenture or in the 2028 Notes shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions
of this Third Supplemental Indenture or of the 2028 Notes, but this Third Supplemental Indenture and the 2028 Notes shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein or therein. 

Section 9.04. Counterparts. This Third Supplemental Indenture may be executed in any number of counterparts each of which shall be an
original; but such counterparts shall together constitute but one and the same instrument. 

  
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 [Signature Pages Follow] 

  
 -22- 

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

			
	ISSUER:
	
	DELPHI AUTOMOTIVE PLC
		
	By:	 	/s/ Bradley A. Spiegel
		 	Name: Bradley A. Spiegel
		 	Title:   Vice President, Business Planning
		 	and Finance Operations

  

			
	GUARANTORS:
	
	DELPHI CORPORATION
		
	By:	 	/s/ Bradley A. Spiegel
		 	Name: Bradley A. Spiegel
		 	Title:   Vice President, Business Planning
		 	and Finance Operations

  

			
	DELPHI AUTOMOTIVE LLP
		
	By:	 	/s/ Bradley A. Spiegel
		 	Name: Bradley A. Spiegel
		 	Title:   Authorized Representative

  

			
	DELPHI AUTOMOTIVE HOLDINGS US LIMITED
		
	By:	 	/s/ Bradley A. Spiegel
		 	Name: Bradley A. Spiegel
		 	Title:  Authorized Representative

  
 -23- 

 
			
	TRUSTEE:
	
	WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	/s/ Boris Treyger
		 	Name: Boris Treyger
		 	Title: Vice President

  
 -24- 

 
			
	REGISTRAR, PAYING AGENT
	AND AUTHENTICATING AGENT:
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Registrar, Paying Agent and Authenticating Agent,
		
	By:	 	Deutsche Bank National Trust Company
		
	By:	 	/s/ Irina Golovashchuk
		 	Name: Irina Golovashchuk
		 	Title: Vice President

  

			
		
	By:	 	/s/ Jeffrey Schoenfeld
		 	Name: Jeffrey Schoenfeld
		 	Title: Vice President

  
 -25- 

 EXHIBIT A 

[FORM OF FACE OF NOTE] 
 [Global
Note Legend] 
 THIS GLOBAL NOTE IS REGISTERED IN THE NAME OF A COMMON DEPOSITORY (AS DEFINED IN THE INDENTURE GOVERNING THIS NOTE) OR ITS
NOMINEE. THIS GLOBAL NOTE IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF ANY PERSON OTHER THAN SUCH COMMON DEPOSITORY OR ITS NOMINEE ONLY IN LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR
IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE COMMON DEPOSITORY TO A NOMINEE OF THE COMMON DEPOSITORY OR BY A NOMINEE OF THE COMMON DEPOSITORY TO THE COMMON DEPOSITORY OR ANOTHER NOMINEE OF THE
COMMON DEPOSITORY OR BY THE COMMON DEPOSITORY OR ANY SUCH NOMINEE TO A SUCCESSOR COMMON DEPOSITORY OR A NOMINEE OF SUCH SUCCESSOR COMMON DEPOSITORY. 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR BANK S.A./N.V. (“EUROCLEAR”), AND CLEARSTREAM
BANKING, SOCIÉTÉ ANONYME (“CLEARSTREAM” AND TOGETHER WITH EUROCLEAR, “EUROCLEAR/ CLEARSTREAM”) TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED
IN THE NAME OF BT GLOBENET NOMINEES LIMITED OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR/ CLEARSTREAM (AND ANY PAYMENT IS MADE TO BT GLOBENET NOMINEES LIMITED OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, BT GLOBENET NOMINEES LIMITED, HAS AN INTEREST HEREIN. 

  
 A-1 

 Common Code:
                         

ISIN:                         

 GLOBAL NOTE 
 1.600% Senior
Notes due 2028 
  

					
	No.         	 		 	€[                        ]
		 		 	

 DELPHI AUTOMOTIVE PLC 

promises to pay to BT Globenet Nominees Limited, or registered assigns, 

the principal sum of
                                         
                                         
                                         
                      EUROS on September 15, 2028, as such amount may be changed from time to time pursuant to the Schedule of Exchanges
of Interests attached hereto. 
 Interest Payment Date: September 15 

Record Date: September 1 

  
 A-2 

 
			
	DELPHI AUTOMOTIVE PLC
		
	By:	 	 
	Name:	 	
	Title:	 	

  
 A-3 

 This is one of the 2028 Notes referred to 

in the within-mentioned Third Supplemental Indenture: 
  

			
	 DEUTSCHE BANK TRUST COMPANY AMERICAS,

as Authenticating Agent

		
	By:	 	 
		 	Name:
		 	Title:

 Dated:
                        , 20     

  
 A-4 

 [Form of reverse side of 2028 Note] 

1.600% Senior Note due 2028 

Capitalized terms used herein shall have the meanings assigned to them in the Indenture referred to below unless otherwise indicated. 

1.    INTEREST. Delphi Automotive PLC (the “Issuer”) promises to pay interest on the
principal amount of this 2028 Note at a rate per annum of 1.600% from September 15, 2016 until maturity or pursuant to Section 7.02 of the Third Supplemental Indenture. The Issuer will pay interest on this 2028 Note annually in
arrears on September 15 of each year, commencing on September 15, 2017, or, if any such day is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment Date”). The Issuer will make each
interest payment to the Holder of record of this 2028 Note on the immediately preceding September 1 (the “Regular Record Date”). Interest on this 2028 Note will accrue from the most recent date to which interest has been
paid or, if no interest has been paid, from and including September 15, 2016. The Issuer will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium, if any, from time to time
on demand at the rate borne by this 2028 Note; it shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any applicable grace periods) from time to time
on demand at the rate borne by this 2028 Note. Interest will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the date from which interest
begins to accrue for the period (or from the Issue Date if no interest has been paid on the 2028 Notes) to, but excluding the next scheduled interest payment date, pursuant to the Actual/Actual (ICMA) payment convention. 

2.    METHOD OF PAYMENT. The Issuer will pay interest on this 2028 Note to the Person who is the registered Holder of this
2028 Note at the close of business on the Record Date (whether or not a Business Day) next preceding the Interest Payment Date, even if this 2028 Note is cancelled after such record date and on or before such Interest Payment Date, except as
provided in Section 2.13 of the Base Indenture with respect to defaulted interest. Payment of interest may be made by check mailed to the Holders at their addresses set forth in the Note Register of Holders, provided that
(a) all payments of principal, premium, if any, and interest on, 2028 Notes represented by Global Notes registered in the name of or held by the Common Depository or its nominee will be made by wire transfer of immediately available funds to
the accounts specified by the Holder or Holders thereof and (b) all payments of principal, premium, if any, and interest with respect to Certificated Notes will be made by wire transfer to an account maintained by the payee with a bank in the
United Kingdom if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 30 days immediately preceding the relevant due date for payment (or such
other date as the Trustee or the Paying Agent may accept in its discretion). Such payment shall be in euro. If the euro is unavailable to the Issuer due to the imposition of exchange controls or other circumstances beyond the Issuer’s control
or if the euro is no longer being used by the then member states of the European Monetary Union that have adopted the euro as their currency or for the settlement of transactions by public institutions of or within the international banking
community, then all payments in respect of the 2028 Notes will be made in U.S. dollars until the euro is again available to the Issuer or so used. In such circumstances, the amount payable on any date in euro will be converted into U.S. dollars at
the rate mandated by the U.S. Federal Reserve Board as of the close of business on the second Business Day prior to the relevant payment date or, in the event the U.S. Federal Reserve Board has not mandated a rate of conversion, on the basis of the
then most recent U.S. dollar/euro exchange rate available on or prior to the second Business Day prior to the relevant payment date as determined by the Issuer in the Issuer’s sole discretion. 

  
 A-5 

 3.    AUTHENTICATING AGENT, PAYING AGENT AND REGISTRAR. Initially, Deutsche
Bank Trust Company Americas will act as Authenticating Agent, Paying Agent and Registrar. The Issuer may change any Authenticating Agent, Paying Agent or Registrar without notice to the Holders. Delphi LLP or any of its Subsidiaries may act in any
such capacity. 
 4.    INDENTURE. The Issuer issued the 2028 Notes under the Senior Indenture (the
“Base Indenture”), dated as of March 10, 2015, among the Issuer, the Guarantors party thereto, Wilmington Trust, National Association, as trustee (the “Trustee”) and Deutsche Bank Trust Company
Americas, a New York banking corporation, as Registrar, Paying Agent and Authenticating Agent. The Issuer shall be entitled to issue Additional 2028 Notes pursuant to the Base Indenture. The terms of the 2028 Notes include those stated in the Base
Indenture and those made part of the Base Indenture by reference to the third supplemental indenture, among the Issuer, the Guarantors party thereto, the Trustee and the Registrar and Paying Agent, dated as of September 15, 2016 (the
“Third Supplemental Indenture” and together with the Base Indenture, the “Indenture”), setting forth the additional terms of the 2028 Notes pursuant to Section 2.03 of the Base Indenture
and the provisions of the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). The 2028 Notes are subject to all such terms, and Holders are referred to the Indenture and the Trust Indenture Act for a
statement of such terms. To the extent any provision of this 2028 Note conflicts with the express provisions of the Indenture and those other provisions forming a part thereof with respect to the 2028 Notes, the provisions of the Indenture and such
other provisions with respect to the 2028 Notes shall govern and be controlling. 
 5.    OPTIONAL
REDEMPTION. At any time prior to June 15, 2028, the Issuer may at its option redeem the 2028 Notes, in whole or in part, at a redemption price equal to the greater of: 

(i) 100% of the principal amount of the 2028 Notes to be redeemed; and 

(ii) the sum of the present value of (i) the redemption price (100% of the principal amount of the 2028 Notes to be
redeemed) on June 15, 2028 and (ii) all required remaining scheduled interest payments due on the 2028 Notes to be redeemed through June 15, 2028 (not including any portion of such payments of interest accrued and unpaid to the
Redemption Date) discounted to the Redemption Date on an annual basis (Actual/Actual ICMA) at the applicable Comparable Government Bond Rate plus 25 basis points, 

plus accrued and unpaid interest on the principal amount of the 2028 Notes to be redeemed to, but not including, the Redemption Date.
The Comparable Government Bond Rate will be calculated on the Calculation Date. 
 If the 2028 Notes are redeemed at any time on or after
June 15, 2028, the 2028 Notes may be redeemed at a redemption price equal to 100% of the principal amount of the 2028 Notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. 

Notice of such redemption must be mailed by first-class mail to each Holder’s registered address, or delivered electronically if held by
any depositary in accordance with such depositary’s customary procedures, not less than 15 nor more than 60 days prior to the Redemption Date. 

6.    TAX REDEMPTION. The Issuer may redeem the 2028 Notes as a whole but not in part, at its option at any time prior to
maturity, upon the giving of a written notice of redemption to the holders, with a copy to the Trustee, if it determines that, as a result of: 

  
 A-6 

 (i) any change in or amendment to the laws, or any regulations or rulings
promulgated under the laws, of a Relevant Jurisdiction affecting taxation, or 
 (ii) any change in or amendment to an
official position regarding the application or interpretation of the laws, regulations or rulings referred to above, which change or amendment is announced and becomes effective after the Issue Date (or, if the Relevant Jurisdiction becomes a
Relevant Jurisdiction on a date after the Issue Date, after such later date) (each of the foregoing, a “Change in Tax Law”), the Issuer or any Guarantor is or will become obligated to pay Additional Amounts with respect to
the 2028 Notes or the Note Guarantees on the next succeeding interest payment date, pursuant to Section 5.03 (but in the case of a Guarantor, only if the payments giving rise to such obligation cannot be made by the Issuer or another
Guarantor without the obligation to pay Additional Amounts) and the payment of such Additional Amounts cannot be avoided by the use of reasonable measures available to the Issuer or the Guarantor. The redemption price will be equal to 100% of the
principal amount of the 2028 Notes plus accrued and unpaid interest to but excluding the date fixed for redemption (a “Tax Redemption Date”), and all Additional Amounts (if any) then due or which will become due on the Tax
Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of the 2028 Notes on any record date occurring prior to the Tax Redemption Date to receive interest due on the relevant interest payment date and Additional
Amounts (if any) in respect thereof). The date and the applicable redemption price will be specified in the notice of tax redemption. Notice of such redemption will be irrevocable, and must be mailed by first-class mail to each Holder’s
registered address, or delivered electronically if held by any depositary in accordance with such depositary’s customary procedures, not less than 15 nor more than 60 days prior to the earliest date on which the Issuer would be obligated to pay
such Additional Amounts if a payment in respect of the 2028 Notes were actually due on such date. No such notice of redemption will be given unless, at the time such notification of redemption is given, such obligation to pay such Additional Amounts
remains in effect. 
 Prior to giving the notice of tax redemption, the Issuer will deliver to the Trustee: 

(i) a certificate signed by a duly authorized officer stating that the Issuer is entitled to effect the redemption and setting
forth a statement of facts showing that the conditions precedent to the right of the Issuer to so redeem have occurred; and 

(ii) an opinion of independent tax counsel of recognized standing qualified under the laws of the Relevant Jurisdiction,
selected by the Issuer, to the effect that the Issuer is or would be obligated to pay Additional Amounts as a result of a Change in Tax Law. 

The foregoing provisions shall apply mutatis mutandis to any successor to the Issuer. 

7.    MANDATORY REDEMPTION. Except as set forth in Section 5.04 of the Third Supplemental Indenture, the
Issuer shall not be required to make mandatory redemption or sinking fund payments with respect to the 2028 Notes. 

8.    NOTICE OF REDEMPTION. At least 15 days but not more than 60 days before a Redemption Date, the Issuer shall mail or
cause to be mailed, by first class mail to each Holder’s registered address, or deliver electronically if held by any depositary in accordance with such depositary’s customary procedures, a notice of redemption to each Holder whose 2028
Notes are to be redeemed. Any redemption and notice thereof may, in the Issuer’s discretion, be subject to the satisfaction of one or more conditions precedent. 

  
 A-7 

 9.    OFFERS TO REPURCHASE. Upon the occurrence of a Change of Control
Triggering Event, the Issuer shall make a Change of Control Offer in accordance with Section 5.04 of the Third Supplemental Indenture. 

10.    DENOMINATIONS, TRANSFER, EXCHANGE. The 2028 Notes are in registered form without coupons in denominations of
€100,000 and integral multiples of €1,000 in excess thereof. The transfer of 2028 Notes may be registered and 2028 Notes may be exchanged as provided in the Indenture. The Registrar and the Trustee may require a Holder, among other things,
to furnish appropriate endorsements and transfer documents and the Issuer may require Holders to pay any transfer tax or other similar governmental charge payable in connection with such transfer and exchange that are required by law or permitted by
the Indenture. The Registrar shall not be required to register the transfer of or exchange of (a) any 2028 Note selected for redemption in whole or in part pursuant to Article 3 of the Base Indenture, except the unredeemed portion of any such
2028 Note being redeemed in part, or (b) any such 2028 Note for a period beginning 15 days before the mailing of a notice of an offer to repurchase or redeem such 2028 Notes or 15 days before an Interest Payment Date (whether or not an Interest
Payment Date or other date determined for the payment of interest), and ending on such mailing date or Interest Payment Date, as the case may be. 

11.    PERSONS DEEMED OWNERS. The registered Holder of this 2028 Note may be treated as its owner for all purposes. 

12.    AMENDMENT, SUPPLEMENT AND WAIVER. The Indenture, the Note Guarantees to the 2028 Notes or the 2028 Notes may be
amended or supplemented as provided in the Indenture. 
 13.    DEFAULTS AND REMEDIES. The Events of Default relating to
the 2028 Notes are defined in Section 6.01 of the Base Indenture, as supplemented by Section 7.01 of the Third Supplemental Indenture. If any Event of Default (other than an Event of Default arising from certain events of
bankruptcy or insolvency) occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the then outstanding 2028 Notes and all other notes issued under the Indenture affected thereby (all such series voting as a single
class) may declare the principal of and accrued but unpaid interest on all of the 2028 Notes and such other notes of the affected series to be due and payable immediately by notice in writing to the Issuer and the Trustee (if given by the Holders)
specifying the respective Event of Default and that it is a “notice of acceleration”, and the same shall become immediately due and payable. If an Event of Default arising from certain events of bankruptcy or insolvency occurs and is
continuing, then all unpaid principal of, and premium, if any, and accrued and unpaid interest on all of the outstanding 2028 Notes shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the
Trustee or any Holder. Holders may not enforce the Indenture, the 2028 Notes or the Note Guarantees to the 2028 Notes except as provided in the Indenture. Subject to certain limitations, Holders of a majority in aggregate principal amount of the
then outstanding 2028 Notes and all other notes of all series affected thereby may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders notice of any continuing Default (except a Default relating to the
payment of principal, premium, if any, or interest) if it determines that withholding notice is in their interest. The Holders of a majority in aggregate principal amount of the then outstanding 2028 Notes and all other notes issued under the
Indenture affected thereby (all such series voting as a single class) by written notice to the Trustee may on behalf of the Holders of all of the 2028 Notes waive any existing Default and its consequences under the Indenture with respect to the 2028
Notes except a continuing Default in payment of the principal of, premium, if any, or interest on, any of the 2028 Notes held by a non-consenting Holder. The Issuer is required to deliver to the Trustee annually a statement regarding compliance with
the Indenture, and the Issuer is required within 30 Business Days after becoming aware of any Default with respect to the 2028 Notes, to deliver to the Trustee a statement specifying such Default and what action the Issuer proposes to take with
respect thereto. 

  
 A-8 

 14.    AUTHENTICATION. This 2028 Note shall not be entitled to any benefit
under the Indenture or be valid or obligatory for any purpose until authenticated by the manual signature of the Trustee or Authenticating Agent. 

15.    GOVERNING LAW. THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THE INDENTURE, THE 2028 NOTES
OF THIS SERIES AND THE NOTE GUARANTEES TO THE 2028 NOTES. 
 16.    COMMON CODE AND ISIN NUMBERS. The Issuer has caused
Common Code and ISIN numbers to be printed on the 2028 Notes of this series and the Trustee or Registrar may use Common Code and ISIN numbers in notices of redemption as a convenience to Holders. No representation is made as to the accuracy of such
numbers either as printed on the 2028 Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. 

The Issuer will furnish to any Holder upon written request and without charge a copy of the Indenture. Requests may be made to the Issuer at
the following address: 
 Delphi Automotive PLC 

c/o Delphi Automotive Systems, LLC 

5725 Delphi Drive 

Troy, Michigan 48098 

Facsimile: (248) 813-2491 

Attention: Treasurer 

  
 A-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 (I) or (we) assign
and transfer this Note to:
                                         
                                         
                                         
                        

(Insert assignee’s legal name) 
  

 
 (Insert assignee’s soc. sec. or
tax I.D. no.) 
  
  

 
  
  

 
  

 
 (Print or type assignee’s name,
address and zip code) 
 and irrevocably appoint
                                         
                                         
                                         
                                         
             
 to transfer this Note on the books of the Issuer. The agent may substitute
another to act for him. 
 Date:
                                         
    
 Your Signature:
                                         
                    
 (Sign exactly as
your name appears 
 on the face of this Note) 

Signature Guarantee*:
                                         
            
 * Participant in a recognized Signature Guarantee Medallion Program (or other
signature guarantor acceptable to the Trustee). 

  
 A-10 

 SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL
NOTE* 
 The initial outstanding principal amount of this Global Note is
€                    . The following exchanges of a part of this Global Note for an interest in another Global Note or for a Certificated
Note, or exchanges of a part of another Global or Certificated Note for an interest in this Global Note, have been made: 
  

									
	 Date of Exchange
	  	Amount of
decrease in
Principal
Amount of this
Global Note	  	Amount of
increase in
Principal
Amount of this
Global Note	  	Principal
Amount of this
Global Note
following such
decrease or
increase	  	Signature of
authorized
officer of Trustee
or Custodian

 

	* 	This schedule should be included only if the Note is issued in global form. 

  
 A-11

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