Document:

EX-10.1

 Exhibit 10.1 

*Certain schedules and exhibits to this exhibit have been omitted pursuant to Item 

601(a)(5) or Item 601(b)(10)(iv), as applicable, of Regulation S-K. 

EQUITY PURCHASE AGREEMENT 

THIS EQUITY PURCHASE AGREEMENT (this “Agreement”), is made as of March 13, 2022 (the “Agreement Date”),
between Warp Speed Holdings LLC, a Wyoming limited liability company (the “Company”) and MVB Bank, Inc., a West Virginia corporation (the “Purchaser”). 

The parties hereby agree as follows: 

1. Purchase and Sale of Class B Common Units. 

1.1 Sale and Issuance of Class B Common Units; Consideration; Payment. 

(a) Sale and Issuance of Class B Common Units. Subject to the terms and conditions of this Agreement, Purchaser
agrees to purchase at the Closing (as defined below), and the Company agrees to sell and issue to Purchaser at the Closing, 3,748,392.93 Class B Common Units (the “Class B Common Units”), or approximately
thirty-seven and five tenths percent (37.5%) of the outstanding equity interests in the Company, calculated on a fully-diluted basis, in exchange for the MVB Investment Consideration (as defined below) (the “MVB Investment”). The
Class B Common Units issued to the Purchaser pursuant to this Agreement shall be referred to in this Agreement as the “Units”. 

(b) Consideration. The aggregate consideration to be paid hereunder by the Purchaser for the Units shall be as follows: (i) Thirty
Eight Million Four Hundred Thousand Dollars and No/100 ($38,400,000.00) (the “Aggregate Cash Consideration”) plus (ii) a number of shares (the “Aggregate MVB Stock Consideration”) of newly issued
common stock of MVB Financial Corp. (the “MVB Stock”) having an aggregate value as of Closing (defined below) of Nine Million, Five Hundred Seventy-Nine Thousand, Four Hundred Twenty-Nine Dollars and 47/100 ($9,579,429.47), which
the parties acknowledge and agree that for purposes of this Agreement, such MVB Stock shall have a per share value equal to the volume weighted average closing price for the twenty (20) trading days ending the day prior to the Closing
(together, the “MVB Investment Consideration”). 
 (c) Payment. At the Closing, the Purchaser shall remit the MVB
Investment Consideration as follows: 
 (i) Purchaser shall pay, by wire or ACH transfer, to the those certain members of
the Company (each, a “Seller” and together, the “Sellers”) who are selling to the Company all or a portion of their equity interests (the “Redeemed Interests”) in the Company (the
“Redemptions”) pursuant to certain Redemption Agreement(s) between the Company and each Seller, of even date hereof (each a “Redemption Agreement” and collectively, the “Redemption Agreements”), in
such amounts as set forth in Exhibit A next to such Seller’s name, which amounts, in aggregate for all Sellers, shall equal the amount of the Aggregate Cash Consideration subject to the payment of the Company’s brokers’ fees
(if any) as provided in Section 2.23 of the Disclosure Schedule; 

  
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 (ii) Purchaser shall transfer and assign to each Seller such number of
shares of MVB Stock as set forth in Exhibit A next to such Seller’s name, which number of shares, in aggregate for all Sellers, shall equal the amount of Aggregate MVB Stock Consideration minus the amount of Aggregate Escrowed MVB
Stock Consideration (as defined below); and 
 (iii) Purchaser shall deliver to U.S. Bank National Association (the
“Escrow Agent”) applicable share powers for such number of shares of MVB Stock to be held in escrow for each Seller by the Escrow Agent (the “Escrowed MVB Stock Consideration”) as set forth in Exhibit A next
to such Seller’s name, in an escrow account (the “Escrow Account”), which number of shares, in aggregate for all Sellers, shall have a value equal to Three Million Dollars ($3,000,000.00) and shall be the “Aggregate
Escrowed MVB Stock Consideration”. Subject to the payment of the Company’s brokers’ fees (if any) as provided in Section 2.23 of the Disclosure Schedule, the Escrowed MVB Stock Consideration for each
Seller shall be disbursed pursuant to the terms and conditions of the applicable Redemption Agreement between such Seller and the Company. 

(d) Use of Proceeds. The proceeds from the sale of the Units shall be used to fund the Redemptions of the Redeemed Interests from
Sellers pursuant to the Redemption Agreements. Other than in connection with the Aggregate Escrowed MVB Stock Consideration to be held in the Escrow Account by the Escrow Agent pursuant to the terms and conditions of the applicable Redemption
Agreement, the MVB Investment Consideration shall be paid to Sellers directly at Closing, in accordance with Section 1.1(c) above. 

(e) Intended Tax Treatment; Section 754 Election. 

(i) The parties agree that the MVB Investment and the use of the MVB Investment Consideration to redeem the Redeemed Interests
from Sellers constitute “disguised sales” in accordance with Section 707 of the Code. Accordingly, each party agrees to treat the transaction for federal income tax purposes as if Purchaser had acquired the Redeemed Interests directly
from the Sellers. In connection therewith, the Company agrees to make an election under Section 754 of the Code for its 2022 tax year (or a protective election if it believes that it is a continuation of a partnership for tax purposes that had
a Section 754 election in place). 

  
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 (ii) Purchase Price Allocation. The Company agrees to use an
internally consistent method for determining adjustments to Purchaser’s basis by reason of the Section 754 election and determining (or assisting members in determining) the ordinary income that members may be required to recognize under
Section 751(a) of the Code with respect to redeemed interests. 
 (iii)
Push-Out Election. In the case of an audit or examination of the Company or any Enterprise for a Pre-Closing Tax Period under Subchapter C of Chapter 63 of the
Code (the “Partnership Audit Rules”), the Company shall cause the partnership representative to keep Purchaser fully and timely informed of all material developments relating to the audit or examination. Company agrees that, if
within 25 days of the date of notice of a partnership adjustment with respect to a Pre-Closing Tax Period of the Company or an Enterprise, the Internal Revenue Service has not been paid all amounts required to
be paid with respect to an imputed underpayment for such period from funds contributed by, or otherwise distributable to, members of the Company or Enterprise in the year to which the adjustment relates, the Company will make or cause the applicable
Enterprise to make or make best efforts to cause a Person with authority to make an election under Section 6226(a) of the Code to push out Tax liability to members of the Company or applicable Enterprise who were members of the Company or
applicable Enterprise in the Pre-Closing Tax Period to which the imputed underpayment relates. If the Company or any Enterprise is unable to make an election under Section 6226(a) of the Code (or fails to
comply with its obligations in the preceding sentence) and pays any Pre-Closing Tax Period Tax pursuant to the Partnership Audit Rules, the Company shall make or cause the applicable Enterprise to make
commercially reasonable efforts to place the economic burden of such Taxes on Persons who were partners (for federal income tax purposes) in the Company or applicable Enterprise in the tax year to which the Tax relates. Terms used in this
Section 1.1 shall have the meanings given to them in the Partnership Audit Rules. This Section 1.1 (other than this sentence and the preceding sentence) shall not apply with respect to an
Enterprise that is a single member limited liability company if the Internal Revenue Service determines that a single member limited liability company that once was a multi-member limited liability company has no liability for imputed
understatements (including penalties and interest) under the Partnership Audit Rules. 
 (iv) Closing of the Books.
Unless Purchaser consents to the use of another method for determining distributive shares of income as the result of the MVB Investment in the Company, the Company agrees to use the “interim closing method” described in Section 1.706-4 of the Treasury Regulations, and not the proration method, for purposes of apportioning income for the taxable year in which the Closing occurs between Purchaser and members all or a portion of
whose interests were redeemed. Subject to rules relating to “extraordinary items,” the Company shall use the calendar day convention for such apportionment. In addition, the Company, Purchaser, and
Pre-Closing Members agree to the allocation set forth in Section 1.1(e)(iv) of the Disclosure Schedule. 

  
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 (f) The Company and its members immediately prior to the Closing (the “Pre-Closing Members”) shall have given effect to the transactions contemplated by the Contribution Agreement (as defined below) and shall have adopted the Amended and Restated Operating Agreement in the
form of Exhibit B attached to this Agreement (the “Restated Operating Agreement”). 
 1.2 Closing; Delivery.
The purchase and sale of the Units shall take place remotely via the exchange of documents and signatures, at such date, time and at such place as the Company and the Purchaser mutually agree upon (after the closing conditions set forth in
Article 5 and Article 6 have been satisfied), orally or in writing (which time and place are designated as the “Closing”). At the Closing, the Company shall deliver to the Purchaser unit powers evidencing the Units
being purchased by the Purchaser. The date of Closing is hereinafter referred to as the “Closing Date”. 
 1.3 Defined
Terms Used in this Agreement. In addition to the terms defined above, the following terms used in this Agreement shall be construed to have the meanings set forth or referenced below. 

(a) “Affiliate” means, with respect to any specified Person, any other Person who, directly or indirectly, controls, is
controlled by, or is under common control with such Person, including, without limitation, any general partner, managing member, officer, director or trustee of such Person, or any venture capital fund or registered investment company now or
hereafter existing that is controlled by one (1) or more general partners, managing members or investment advisers of, or shares the same management company or investment adviser with, such Person. For the avoidance of doubt, for purposes of
this Agreement, the Purchaser shall not be deemed an Affiliate of the Company. 
 (b) “Applicable Requirements” means, as
of the time of reference, (i) all applicable laws and published guidelines of Fannie Mae, Freddie Mac or Ginnie Mae, the Federal Housing Administration, the U.S. Department of Veterans Affairs, the U.S. Department of Agriculture, and any other
entity to or with which a Mortgage Loan (including a Mortgage Enterprise Owned Mortgage Loan, Mortgage Enterprise Acquired Mortgage Loan and Mortgage Enterprise Serviced Mortgage Loan) is or has been sold, transferred, serviced, pooled, securitized,
or insured (each, an “Investor”), in each case relating to the origination (including the taking, processing and underwriting of the relevant Mortgage Loan application and the closing or funding of the relevant Mortgage Loan),
purchase, assignment, sale, pooling, servicing, subservicing or enforcement of, or filing of claims in connection with, any Mortgage Loan at the relevant time, (ii) all of the terms of the mortgage note, security instrument and any other
related loan documents relating to each Mortgage Loan, (iii) all requirements set forth in the Servicing Agreements, (iv) any law, statute, regulation, order, award, decision, injunction, judgment, ruling, decree, charge, writ, subpoena or
verdict entered, issued, made or rendered by any governmental entity or arbitrator applicable to any Mortgage Loans and (v) all requirements set forth in the credit, underwriting, servicing and collection policies and procedures of the Mortgage
Enterprises. 

  
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 (c) “Code” means the Internal Revenue Code of 1986, as amended. 

(d) “Company Intellectual Property” means all patents, patent applications, registered and unregistered trademarks, trademark
applications, registered and unregistered service marks, service mark applications, tradenames, copyrights, trade secrets, domain names, information and proprietary rights and processes, similar or other intellectual property rights, subject matter
of any of the foregoing, tangible embodiments of any of the foregoing, licenses in, to and under any of the foregoing, and in any and all such cases as are necessary to the Company or any Enterprise in the conduct of the Company’s or
Enterprise’s business as now conducted. 
 (e) “Exchange Act” means the Securities Exchange Act of 1934, as amended,
and the rules and regulations promulgated thereunder. 
 (f) “Fraud” means actual and intentional fraud in the making of a
specific representation or warranty expressly set forth in Section 2 or Section 3 of this Agreement, committed by a Person making such express representation or warranty with the actual intent to deceive another party and requires:
(a) an intentional false representation of material fact, (b) actual knowledge or belief that such representation is false (as opposed to any fraud claim based on imputed or constructive knowledge, or negligent or reckless
misrepresentation or a similar theory); (c) a specific intention to induce the party to whom such representation was made to act or refrain from acting in reliance upon it; (d) causing such party, in justifiable reliance upon such false
representation, to take or refrain from taking action; and (e) causing such party to suffer damage by reason of such reliance. 
 (g)
“Investor Commitment” means the optional or mandatory written commitment of the Company to sell to any Person, and a Person to purchase from the Company, a Pipeline Loan, a Mortgage Loan or an interest therein owned, to be acquired
or in the process of closing by the Enterprise; provided, that when used in the context of, or in reference to, a particular Pipeline Loan or Mortgage Loan or ownership interest therein, “Investor Commitment” means only the applicable
commitment(s). 
 (h) “Key Employee” means any executive-level employee (including division director and vice
president-level positions) of the Company or any Enterprise, as well as any employee or consultant of the Company or any Enterprise who either alone or in concert with others develops, invents, programs or designs any material Company Intellectual
Property owned by the Company or any Enterprise. 
 (i) “Knowledge” including the phrase “to the Company’s
knowledge” shall mean the actual knowledge after due inquiry, of the following officers and affiliates Josh Erskine, Shane Erskine and Dustin Carfield. 

  
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 (j) “Knowledge of Purchaser” shall mean the actual knowledge after due
inquiry, of the following Company officers and affiliates: Larry Mazza and Donald Robinson. 
 (k) “Losses” means actual
losses, damages, awards, fines, penalties, expenses, fees, and costs (including fees and expenses of counsel) incurred or suffered by the Purchaser (but excluding punitive damages or exemplary damages, unless such punitive damages or exemplary
damages are awarded to a third-party claimant pursuant to the non-appealable judgment of a court of competent jurisdiction). 

(l) “Material Adverse Effect” means any event, occurrence, fact, condition or change that is materially adverse to
(i) the business, results of operations, condition (financial or otherwise) or assets of the Company or any Enterprise, or (ii) the ability of the Company or any Enterprise to consummate the transactions contemplated
hereby; provided, however, that “Material Adverse Effect” shall not include any event, occurrence, fact, condition or change, directly or indirectly, arising out of or attributable to: (A) general economic or political
conditions; (B) conditions generally affecting the industries in which the Company or the Enterprises operate; (C) any changes in financial or securities markets in general; (D) acts of war (whether or not declared), armed hostilities
or terrorism, or the escalation or worsening thereof; (E) any action required or permitted by this Agreement; (F) any changes in applicable laws or accounting rules, including GAAP; or (G) the public announcement, pendency or
completion of the transactions contemplated by this Agreement; provided further, however, that any event, occurrence, fact, condition or change referred to in clauses (A) through (D) immediately above shall be taken into account in
determining whether a Material Adverse Effect has occurred or could reasonably be expected to occur to the extent that such event, occurrence, fact, condition or change has a disproportionate effect on the Company or any Enterprise compared to other
participants in the industries in which the Company or any Enterprise operates. 
 (m) “Mortgage Enterprise Acquired Mortgage
Loan” means any Mortgage Loan originated or purchased by any Mortgage Enterprise. 
 (n) “Mortgage Enterprise Owned
Mortgage Loan” means any Mortgage Loan for which any Mortgage Enterprise performs servicing as a result of its ownership of that Mortgage Loan and not pursuant to a Servicing Agreement. 

(o) “Mortgage Enterprise Serviced Mortgage Loan” means any Mortgage Loan serviced by any Mortgage Enterprise pursuant to a
Servicing Agreement. 
 (p) “Mortgage Loans” means any mortgage loan originated, purchased, serviced or subserviced by any
Mortgage Enterprise. 
 (q) “Mortgage Servicing Rights” means the rights, title and interest to mortgage servicing rights
acquired pursuant to the Servicing Agreements or any side or ancillary agreement entered into in connection with any Servicing Agreement, including (i) the right to receive any servicing fees, general servicing fees, excess servicing fees, late
fees or other income or compensation payable to the mortgage servicing rights owner, solely in its capacity as such, under such Servicing Agreement, and (ii) all other rights of a mortgage servicing rights owner as provided for in any Servicing
Agreement. 

  
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 (r) “Permitted Encumbrances” shall mean (i) statutory liens securing
payments not yet delinquent or being contested in good faith by appropriate proceedings, (ii) liens for real property taxes not yet delinquent or liens for Taxes being contested in good faith by appropriate proceedings, (iii) easements,
rights of way, and other nonmonetary encumbrances that do not materially affect the value, or use or operation in the ordinary course of the business of any Mortgage Enterprise, of the properties or assets subject thereto or affected thereby,
(iv) such imperfections or irregularities of title or liens as do not materially affect the value, or use or operation in the ordinary course of the business of the Mortgage Enterprises, of the properties or assets subject thereto or affected
thereby, and (v) zoning, building codes, and other land use laws regulating the use or occupancy of real property or the activities conducted thereon that are imposed by any governmental authority having jurisdiction over such real property and
that are not violated by the current use and operation of such real property or the operation of the business of the Mortgage Enterprises. 

(s) “Person” means an individual, corporation, partnership, association, limited liability company, trust, unincorporated
organization, governmental entity or other entity or group. 
 (t) “Pipeline Requirements” means and includes (i) all
contractual obligations of any Mortgage Enterprise with respect to such Mortgage Enterprise’s origination of Pipeline Loans, (ii) all applicable guidelines of any Mortgage Enterprise for the stage of processing of the Pipeline Loans, and
(iii) all Applicable Requirements 
 (u) “Pre-Closing Tax Period” means, with
respect to any Person, any taxable period of such Person ending on or before the Closing Date. 
 (v) “Sarbanes-Oxley Act”
means the Sarbanes-Oxley Act of 2002, as amended. 
 (w) “Securities Act” means the Securities Act of 1933, as amended, and
the rules and regulations promulgated thereunder. 
 (x) “Servicing Agreement” means any contract or agreement pursuant to
which any Mortgage Enterprise is obligated to an Investor, governmental entity or any other third-party person to service and administer Mortgage Loans. 

(y) “Software” means any and all computer software and code, including all new versions, updates, revisions, improvements,
and modifications thereof, whether in source code, object code, or executable code format, including systems software, application software (including mobile apps), firmware, middleware, programming tools, scripts, routines, interfaces, libraries,
and databases, and all related specifications and documentation, including developer notes, comments and annotations, user manuals, and training materials relating to any of the foregoing. 

  
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 (z) “Tax” means United States federal, state, or local, Puerto Rican or
foreign tax, assessment, charge, duty, fee, levy or other similar governmental charge, in each case, in the nature of a tax and imposed by a governmental authority, including all income, capital gains, value added, sales, property, gift, estate,
gross receipts, franchise, profits, capital stock, transfer, use, occupation, excise, severance, stamp, stamp duty reserve, premium, windfall profits, license, payroll, ad valorem, environmental (including taxes under Section 59A of the Code),
customs, employment, withholding, real property, personal property, value added, alternative or add-on minimum, social security (or similar), unemployment, disability, registration and other tax, whether
disputed or not, together with all estimated taxes, deficiency assessments, additions to tax, penalties and interest attributable thereto. 

(aa) “Tax Return” means any return (including any information return), report, statement, schedule, notice, form or other
document filed with or submitted to, or required to be filed with or submitted to, any governmental authority in connection with the determination, assessment, collection or payment of any Tax. 

(bb) “Transaction Agreements” means this Agreement, the Restated Operating Agreement, those certain Contribution Agreements
between the Company and each Pre-Closing Member, of even date hereof (the “Contribution Agreements”) and the Redemption Agreements. 

(cc) “Treasury Regulations” means the United States Treasury Regulations promulgated under the Code, and any reference to any
particular Treasury Regulation section shall be interpreted to include any final or temporary revision of or successor to that section regardless of how numbered or classified. 

2. Representations and Warranties of the Company with Respect to the Company and the Enterprises. The Company hereby represents
and warrants to the Purchaser that, except as set forth on the Disclosure Schedule attached as Exhibit C to this Agreement, which exceptions shall be deemed to be part of the representations and warranties made hereunder, the following
representations are true and complete as of the date hereof and as of the date of the Closing with respect to the Company and/or the Enterprises (as defined below), as applicable, except as otherwise indicated. Representations and warranties with
respect to any Enterprises are made to the Company’s actual knowledge without independent investigation. 
 The Disclosure Schedule
shall be arranged in sections corresponding to the numbered and lettered sections contained in this Section 2, and the disclosures in any section of the Disclosure Schedule shall qualify other sections in this
Section 2 only to the extent it is readily apparent from a reading of the disclosure that such disclosure is applicable to such other sections. 

2.1 Organization, Good Standing, Limited Liability Company Power and Qualification. The Company is a limited liability company duly
organized, validly existing and in good standing under the laws of the State of Wyoming and has all requisite limited liability company power and authority to carry on its business as now conducted and as presently proposed to be conducted. The
Company is duly qualified or licensed to conduct business and is in good standing (or the local law equivalent) in each jurisdiction in which the failure to so qualify would 

  
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have a Material Adverse Effect. Except as disclosed on Schedule 2.1 of the Disclosure Schedule, prior to the Put-Together Transaction, the Company
had no assets or liabilities and engaged in no business activities other than organizational activities. Since the Company’s formation, the Company has been a holding company has conducted all of its business operations through its
subsidiaries. 
 2.2 Authorization; Execution; Delivery; Valid and Binding. All limited liability company action required to be
taken by the Company’s Board of Directors and members in order to authorize the Company to adopt the Restated Operating Agreement and to enter into this Agreement and the Transaction Agreements and to issue the Units at the Closing has been
taken. This Agreement, the Restated Operating Agreement and the Transaction Agreements, when executed and delivered by the Company, shall constitute valid and legally binding obligations of the Company, enforceable against the Company in accordance
with their respective terms except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement of creditors’ rights
generally or (b) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies. 

2.3 Subsidiaries. 
 (a)
Subject to the terms of the Contribution Agreements and except as set forth in Section 2.3(a) of the Disclosure Schedule, immediately prior to the Closing the Pre-Closing Members will
contribute to the Company all of their equity interests in each of (i) CalCon Mutual Mortgage LLC, a Delaware limited liability company (“CalCon”); (ii) OneTrust International LLC, a Puerto Rico limited liability company
(“OneTrust”); and (iii) Yellowstone Global Investments, LLC, a Wyoming limited liability company (“Yellowstone”) in exchange for equity interests in the Company (the
“Put-Together Transaction”). Pursuant to the Put-Together Transaction, CalCon, OneTrust and Yellowstone will become wholly-owned subsidiaries of the
Company. The Company’s organizational structure post Put-Together Transaction is reflected on Exhibit D, and the Company’s organizational structure post-Closing is reflected on Exhibit E.
Additionally, immediately prior to the Closing the Company will own eighty-five percent (85%) of Click2Bind Insurance Services, LLC, a California limited liability company (“Click2Bind”). 

(b) CalCon owns one hundred percent (100%) of the equity interests of OTHLJV20 LLC, a Wyoming limited liability company
(“OTHLJV20”), which owns (i) fifty percent (50%) of the equity interests of Schumacher Mortgage LLC, a Delaware limited liability company (“Schumacher”), (ii) forty percent (40%) of Team One Home Loans LLC, a
Delaware limited liability company (“Team One”) and (iii) fifty percent (50%) of Ardorio Lending LLC, a Delaware limited liability company (“Ardorio”). 

(c) Yellowstone owns (i) forty-five percent (45%) of the equity interests of Grind Analytics LLC, a California limited liability company
(“Grind Analytics”) and (ii) sixty-five percent (65%) of the equity interests of Empower Title, LLC, a Texas limited liability company (“Empower Title”). 

  
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 (d) CalCon, OneTrust, Yellowstone, OTHLJV20, Schumacher, Team One, Ardorio, Grind
Analytics, Empower Title and Click2Bind are each herein referred to as an “Enterprise” and collectively, the “Enterprises”. CalCon, Schumacher, Team one and Ardorio are also each herein referred to as a
“Mortgage Enterprise” and together, the “Mortgage Enterprises”. Except for the Enterprises, the Company does not beneficially own or control, directly or indirectly, any equity or ownership interest in any other
corporation, limited or general partnership, business or other trust, joint venture, limited liability company, association, or other business entity. Except as set forth in Section 2.3(d) of the Disclosure Schedule, the
Company is not a participant in any joint venture, partnership or similar arrangement. 
 (e) Organization, Good Standing, Limited
Liability Company Power and Qualification of the Enterprises. Each Enterprise is a limited liability company duly organized, validly existing and in good standing under the laws of the state of its formation and has all requisite limited
liability company power and authority to carry on its business as now conducted and as presently proposed to be conducted. Each Enterprise is duly qualified or licensed to conduct business and is in good standing (or the local law equivalent) in
each jurisdiction in which the failure to so qualify would have a Material Adverse Effect as to that Enterprise. 
 (f) Enterprise
Subsidiaries. Except as set forth in Section 2.3(f) of the Disclosure Schedule, the Enterprises (i) do not directly or indirectly own any equity or similar interest in, or any interest convertible into or
exchangeable or exercisable for, at any time, any equity or similar interest in, any Person; (ii) have no subsidiaries and (iii) do not own and has not owned at any time, either directly or indirectly, equity or similar interest in, any
person. Except as set forth on Section 2.3(f) of the Disclosure Schedule, no Enterprise is a participant in any joint venture, partnership or similar arrangement. 

2.4 Capitalization. 
 (a)
The capital of the Company authorized by the Restated Operating Agreement consists, immediately prior to the Closing, of: 

(i) 10,000,000 units of common membership interest (the “Common Units”), 382,125 of which are issued and
outstanding immediately prior to the Closing. The rights, privileges and preferences of the Common Units are as stated in the Restated Operating Agreement. All of the outstanding Common Units have been duly authorized, are fully paid and
nonassessable and were issued in compliance with all applicable federal and state securities laws. Of the Common Units, 382,125 units are Class B Common Units. 

(ii) 0 Common Units for issuance to officers, managers, employees and consultants of the Company pursuant to its Equity
Incentive Plan duly adopted by the Board of Directors and approved by the Company members (the “Equity Plan”). Of such reserved Class, 0 Common Units have been issued pursuant to restricted unit purchase agreements, options to
purchase 0 Common Units have been granted and are currently outstanding, and 0 Common Units remain available for issuance to officers, managers, employees and consultants pursuant to the Equity Plan. The Company has furnished to the Purchaser
complete and accurate copies of the Equity Plan and all amendments thereto and the forms of agreements used thereunder. 

  
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 (iii) 0 units representing profits interests (the “Profits
Interests Units”), 0 of which are issued and outstanding immediately prior to the Closing. The rights, privileges and preferences of the Profits Interests Units are as stated in the Restated Operating Agreement. 

(b) Section 2.4(b) of the Disclosure Schedule sets forth the capitalization of the Company immediately before and following the Closing
(pro forma, after taking into account the Contribution Closing (as defined in the Contribution Agreement), the MVB Investment and the Redemptions), including the number and beneficial and record owners of all: (1) issued and outstanding
equity interests, including the Common Units, and including with respect to any restricted Common Units, vesting schedule and repurchase price; (2) outstanding equity options, including vesting schedule and exercise price; (3) Common Units
or other equity interests reserved for future award grants under the Equity Plan; (4) each series of preferred units, if any and (5) warrants or equity purchase rights, if any. 

(c) Except as provided in the Restated Operating Agreement, there are no outstanding options, warrants, rights (including conversion or
preemptive rights and rights of first refusal or similar rights) or agreements, orally or in writing, to purchase or acquire from the Company any Common Units, Class B Common Units, other equity interests or any securities convertible into or
exchangeable for Common Units, Class B Common Units or any other equity interests. 
 (d) Except as set forth on
Section 2.4(d) of the Disclosure Schedule, none of the Company’s equity purchase agreements or Common Unit option documents contains a provision for acceleration of vesting (or lapse of a repurchase right) or other
changes in the vesting provisions or other terms of such agreement or understanding upon the occurrence of any event or combination of events, including, without limitation, in the case where the Company’s Equity Plan is not assumed in an
acquisition. Except as set forth in the Restated Operating Agreement or in the Redemption Agreement, the Company has no obligation (contingent or otherwise) to purchase or redeem any of its equity interests. 

(e) The Company has obtained valid waivers of all rights, if any, by other parties to purchase any of the Units covered by this Agreement.

 (f) Section 2.4(f) of the Disclosure Schedule sets forth the capitalization of each Enterprise, including the amount and
beneficial and record owners of equity of each Enterprise (the “Enterprise Equity Interests”) immediately before and following the Closing and the Put-Together Transaction. Except as set forth
on Section 2.4(f) of the Disclosure Schedule, the Enterprise Equity Interests of each Enterprise comprise all of such Enterprise’s equity interests that are issued and outstanding. All Enterprise Equity Interests have
been duly authorized, were validly issued, are fully paid (to the extent required by the governing documents of the Enterprise) 

  
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and nonassessable and free of preemptive rights. No Pre-Closing Member nor any successor holder of the Enterprise Equity Interests has any obligation to
make capital contributions to any Enterprise by virtue of his/her/its ownership of such Enterprise Equity Interests. Except as set forth in Section 2.4(f) of the Disclosure Schedule, other than the Enterprise Equity
Interests, there are no outstanding (i) other equity securities of any Enterprise, (ii) securities of any Enterprise convertible into or exchangeable for, at any time, equity securities of such Enterprise, (iii) contracts defining the
rights of security holders of any Enterprise or relating to the voting of any ownership interests in such Enterprise or (iv) options, subscriptions, warrants, conversion rights or contracts of any kind outstanding other rights to acquire from
any Enterprise or obligations of the Enterprise to issue, any equity securities or securities convertible into or exchangeable for equity securities of such Enterprise; or (v) phantom equity, profit-sharing or other equity-linked compensation
plans or arrangements. 
 2.5 Valid Issuance of Units. The Units, when issued, sold and delivered in accordance with the terms and for
the consideration set forth in this Agreement, will be validly issued, fully paid and nonassessable and free of restrictions on transfer other than restrictions on transfer under the Restated Operating Agreement and applicable state and federal
securities laws and free of liens or encumbrances other than liens or encumbrances created by or imposed by the Purchaser. Assuming the accuracy of the representations of the Purchaser in Section 3 of this Agreement, the
Units will be issued in compliance with all applicable federal and state securities laws. 
 2.6 Compliance with Other Instruments.
Except as set forth on Section 2.6 of the Disclosure Schedule, the Company and each Enterprise, is not in violation (a) of any provisions of its respective operating agreement or any other governing document,
(b) of any instrument, judgment, order, writ or decree, or (c) under any note, indenture, mortgage or other debt instrument, the violation of which under clause (c) only would be reasonably likely to have a Material Adverse Effect as
to the Company and the Enterprises, as a whole. The execution, delivery and performance of this Agreement, the Transaction Agreements and the consummation of the transactions contemplated by this Agreement and the Transaction Agreements will not
result in any material violation or be in conflict with or constitute, with or without the passage of time and giving of notice, either (x) a default under any such provision, instrument, judgment, order, writ, decree; or (y) an event
which results in the creation of any lien, charge or encumbrance upon any assets of the Company or any Enterprise or the suspension, revocation, forfeiture, or nonrenewal of any material permit or license applicable to the Company or to any
Enterprise. 
 2.7 No Breach; Governmental Consents and Filings. Subject to receiving the consents from or providing the notices
listed on Section 2.7 of the Disclosure Schedule to any third party or governmental entity, the execution, delivery and performance by the Company of this Agreement and the other Transaction Agreements, and the consummation
by the Company of the transactions contemplated hereby and thereby, do not and will not require any consent from or notice to any third parties or governmental entities and do not and will not conflict with or result in any breach of any of the
provisions of, constitute a material default under, result in a material violation of or result in the creation of a right of termination or acceleration or any lien upon any material assets of the Company under the provisions of (a) any
contract or permit by which the Company or any Enterprise is bound, (b) the governing documents or (c) any laws to which the 

  
 12 

 
Company (or any of the assets held by the Company) is subject. Except as set forth on Section 2.7 of the Disclosure Schedule, no consent, approval, order or
authorization of, or registration, qualification, designation, declaration or filing with any court, administrative agency, commission, federal, state, local or foreign governmental authority or instrumentality, self-regulatory organization or other
governing body or governmental authority is required on the part of the Company in connection with the consummation of the transactions contemplated by this Agreement and the Transaction Agreements. 

2.8 Permits; Compliance with Applicable Laws.  

(a) The Company and each Enterprise hold, and have at all times since January 1, 2020 or, in the case of the Company, since its
formation, held, all licenses, franchises, permits and authorizations necessary for the lawful conduct of their respective businesses and ownership of their respective properties, rights and assets under and pursuant to each (and have paid all fees
and assessments due and payable in connection therewith), except where neither the cost of failure to hold nor the cost of obtaining and holding such license, franchise, permit or authorization (nor the failure to pay any fees or assessments) would,
in the aggregate, reasonably be expected to have a Material Adverse Effect on Company and the Enterprises, as a whole, or any Enterprise taken as a business unit. The Company and each Enterprise are not in material default in any respect under any
of such franchises, permits, licenses or other similar authority and to the Company’s knowledge, no suspension or cancellation of any such necessary license, franchise, permit or authorization is threatened. 

(b) Since January 1, 2020 or in the case of the Company, since its formation the Company and each Enterprise have complied in all
material respects with and are not in material default or material violation under any applicable law, statute, order, rule, regulation, policy and/or guideline of any governmental entity relating to the business, operations, properties or assets of
Company or any Enterprise, including without limitation laws related to data protection or privacy, the USA PATRIOT ACT, the Bank Secrecy Act, the Equal Credit Opportunity Act and Regulation B, the Fair Housing Act, the Fair Credit Reporting Act,
the Truth in Lending Act and Regulation Z, the Home Mortgage Disclosure Act, the Fair Debt Collection Practices Act, the Electronic Fund Transfer Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, any regulations promulgated by the
Consumer Financial Protection Bureau, the SAFE Mortgage Licensing Act of 2008, the Real Estate Settlement Procedures Act and Regulation X, and any other laws relating to bank secrecy, discriminatory lending, and money laundering prevention. 

(c) Except as set forth in Section 2.8(c) of the Disclosure Schedule, since January 1, 2020 or in the case of
the Company, since its formation,: (i) Company and the Enterprises have not received any written notification or communication from any governmental entity or the staff thereof asserting that the Company or the Enterprises are not in material
compliance with any applicable law, statute, order, rule, regulation, policy and/or guideline relating to the business, operations, properties or assets of Company or any Enterprise; and (ii) Company and the Enterprises are not subject to any
pending, or to the Company’s knowledge, threatened investigation, cease and desist or other order or enforcement action issued by, or is a party to any written agreement, consent agreement or memorandum of understanding with, or is a party to
any commitment letter, safety and soundness compliance plan, or similar undertaking, or has any unpaid civil money penalty. 

  
 13 

 2.9 Litigation. Except as set forth in Section 2.9 of the
Disclosure Schedule, there is no claim, action, suit, proceeding, arbitration, complaint, or charge pending or to the Company’s knowledge, currently threatened (a) against the Company or any Enterprise or any of their properties, assets or
business; (b) against any officer or director of the Company arising out of their employment, management or board relationship with the Company; (c) that questions the validity of this Agreement, the Transaction Agreements or the right of
the Company to enter into them, or to consummate the transactions contemplated by this Agreement or the Transaction Agreements; or (d) that would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect
on the Company and the Enterprises, taken as a whole. Neither the Company or any Enterprise nor, to the Company’s knowledge, any of their officers or directors is a party or is named as subject to the provisions of any order, writ, injunction,
judgment or decree of any court or government agency or instrumentality (in the case of officers or directors, such as would result in a Material Adverse Effect on the Company and the Enterprises, taken as a whole). 

2.10 Intellectual Property. 

(a) The Company, together with the Enterprises, owns or possesses or can acquire on commercially reasonable terms sufficient legal rights to
all material Company Intellectual Property without any known conflict with, or infringement of, the rights of others, including prior employees or consultants. Except as set forth in Section 2.10(a) of the Disclosure
Schedule, the Company and the Enterprises have not received any written communications alleging that the Company or any Enterprise has violated, or by conducting their business, would violate any of the patents, trademarks, service marks,
tradenames, copyrights, trade secrets, mask works or other proprietary rights or processes of any other Person. 
 (b) To the Company’s
knowledge, no product or service marketed or sold by the Company or any Enterprise violates any license or infringes any intellectual property rights of any other party. 

(c) Section 2.10(c) of the Disclosure Schedule lists all patents, patent applications, trademarks, trademark
applications, service marks, service mark applications, tradenames, copyrights, and licenses to and under any of the foregoing, in each case owned by the Company or by any Enterprise. 

(d) Section 2.10(d) of the Disclosure Schedule contains a list of all material proprietary Software products and
related services of the Company that are currently or at any time in the past two (2) years have been offered, licensed, sold, distributed, hosted, maintained or supported, or otherwise provided or made available, by or on behalf of Company or
otherwise used in and material to the operation of the Company (“Company Software”). 

  
 14 

 (e) Except as set forth in Section 2.10(e) of the Disclosure
Schedule, the Company and the Enterprises have not embedded, used or distributed any open source, copyleft or community source code (including but not limited to any libraries or code, software, technologies or other materials that are licensed or
distributed under any General Public License, Lesser General Public License or similar license arrangement or other distribution model described by the Open Source Initiative at www.opensource.org, collectively “Open Source
Software”) in connection with any of the Company Software in any manner that would materially restrict the ability of the Company or any Enterprise to protect its proprietary interests in any such Company Software or in any manner that
requires, or purports to require (i) any Company Software (other than the Open Source Software itself) be disclosed or distributed in source code form or be licensed for the purpose of making derivative works; (ii) any restriction on the
consideration to be charged for the distribution of any Company Software or (iii) the grant to any third party of any rights or immunities under Company Software. 

2.11 Certain Transactions. Except as set forth in Section 2.11 of the Disclosure Schedule: 

(a) Other than (i) standard employee benefits generally made available to all employees, standard employee offer letters,
(ii) standard manager and officer indemnification agreements approved by the Board of Directors (if any), (iii) the purchase of units of the Company’s equity securities and the issuance of options to purchase Common Units, in each
instance, approved in the written minutes of the Board of Directors (previously provided to the Purchaser), and (iv) this Agreement and the Transaction Agreements, there are no agreements, understandings or proposed transactions between the
Company and any of its officers, managers, consultants or Key Employees, or any Affiliate thereof. 
 (b) The Company and the Enterprises
are not indebted, directly or indirectly, to any of its managers, officers or employees or to their respective spouses or children or to any Affiliate of any of the foregoing, other than in connection with expenses or advances of expenses incurred
in the ordinary course of business or employee relocation expenses and for other customary employee benefits made generally available to all employees. None of the Company’s or any Enterprise’s managers, officers or employees, or any
members of their immediate families, or any Affiliate of the foregoing are, directly or indirectly, indebted to the Company or to any Enterprise, have any (i) material commercial, industrial, banking, consulting, legal, accounting, charitable
or familial relationship with any of the Company’s or the Enterprise’s customers, suppliers, service providers, joint venture partners, licensees and competitors; (ii) direct or indirect ownership interest in any firm or corporation
with which the Company or any Enterprise is affiliated or with which the Company or any Enterprise has a business relationship, or any firm or corporation which competes with the Company or any Enterprise except that managers, officers, employees or
members of the Company may own stock in (but not exceeding two percent (2%) of the outstanding capital stock of) publicly traded companies that may compete with the Company or any Enterprise; or (iii) financial interest in any contract with the
Company or any Enterprise. 
 2.12 Rights of Registration and Voting Rights. Except if and as provided in the Restated Operating
Agreement, the Company is not under any obligation to register under the Securities Act any of its currently outstanding Common Units or other securities or any securities issuable upon exercise or conversion of its currently outstanding securities.
Except if and as contemplated in Restated Operating Agreement, no member of the Company has entered into any agreements with respect to the voting of equity securities of the Company. 

  
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 2.13 Property; Real Property. With respect to the property and assets leased, the
Company and each Enterprise are in compliance with such leases and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company and each Enterprise do not own any
real property. Section 2.13 of the Disclosure Schedule lists all of the real property demised by leases, subleases or other occupancy agreements (the “Leases”), currently leased, used, managed or occupied
by the Company (collectively, the “Real Property”). The Real Property constitutes all of the real property used by the Company and the Enterprises in the conduct of the business of the Company and the Enterprises. The Leases are in
full force and effect, and the Company or an applicable Enterprise holds a valid and existing leasehold interest under each of the Leases. 

2.14 Financial Statements. Except as set forth in Section 2.14 of the Disclosure Schedules, CalCon has
delivered to the Purchaser the following (collectively, the “Financial Statements”): (a) audited financial statements for CalCon for the fiscal year ended December 31, 2020 and its respective unaudited financial statements as
of December 31, 2020 and unaudited financial statements as of December 31, 2021 (the “Balance Sheet Date”) and (b) unaudited financial statements for each Enterprise for the fiscal year ended December 31, 2020 and their
respective unaudited financial statements as of the Balance Sheet Date. Except as set forth in Section 2.14 of the Disclosure Schedule, the Financial Statements have been prepared in accordance with generally accepted
accounting principles (“GAAP”) applied on a consistent basis throughout the periods indicated, except that the unaudited Financial Statements may not contain all footnotes required by GAAP. The Financial Statements fairly present in
all material respects the financial condition and operating results of CalCon as of the dates, and for the periods, indicated therein, subject in the case of the unaudited Financial Statements to normal
year-end audit adjustments. Except as set forth in the Financial Statements, CalCon and the Enterprises have no material liabilities or obligations, contingent or otherwise, other than (i) liabilities
incurred in the ordinary course of business subsequent to the Balance Sheet Date; (ii) obligations under contracts and commitments incurred in the ordinary course of business; and (iii) liabilities and obligations of a type or nature not
required under GAAP to be reflected in the Financial Statements. The Company maintains and will continue to maintain a standard system of accounting established and administered in accordance with GAAP. 

2.15 Reserved. 
 2.16
Absence of Certain Changes of Events. 
 (a) Since the Balance Sheet Date, no event or events have occurred that have had or
would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on Company. 
 (b) Except as set
forth on Section 2.16 of the Disclosure Schedule, and in connection with matters related to this Agreement, since the Balance Sheet Date, the Company and the Enterprises have carried on their respective businesses in the
ordinary course of business consistent with past practice. 

  
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 2.17 Employee Matters. 

(a) None of the Company’s or any Enterprise’s employees is obligated under any contract (including licenses, covenants or
commitments of any nature) or other agreement, or subject to any judgment, decree or order of any court or administrative agency, that would materially interfere with such employee’s ability to promote the interest of the Company or the
applicable Enterprise, or that would conflict with the Company’s or the Enterprise’s business. Neither the execution or delivery of this Agreement, the Transaction Agreements, nor the carrying on of the Company’s or any
Enterprise’s business by the employees of the Company or the applicable Enterprise, nor the conduct of the Company’s or the Enterprise’s business as now conducted and as presently proposed to be conducted, will, to the Company’s
knowledge, conflict with or result in a material breach of the terms, conditions, or provisions of, or constitute a material default under, any contract, covenant or instrument under which any such employee is now obligated. 

(b) The Company and the Enterprises are not delinquent in payments to any of their employees, consultants, or independent contractors for any
wages, salaries, commissions, bonuses, or other direct compensation for any service performed for it to the date hereof or amounts required to be reimbursed to such employees, consultants or independent contractors that reasonably would be expected
to result in a Material Adverse Effect. The Company and the Enterprises have complied in all material respects with all applicable state and federal equal employment opportunity laws and with other applicable laws related to employment, including
those related to wages, hours, worker classification and collective bargaining. The Company and the Enterprises have withheld and paid to the appropriate governmental entity or is holding for payment not yet due to such governmental entity all
amounts required to be withheld from employees of the Company and the Enterprises and are not liable for any arrears of wages, taxes, penalties or other sums for failure to comply with any of the foregoing, which, in either instance, would
reasonably be expected to result in a Material Adverse Effect. 
 (c) Except as set forth in Section 2.17(c) of
the Disclosure Schedule, to the Company’s knowledge, no Key Employee intends to terminate employment with the Company or any Enterprise or is otherwise likely to become unavailable to continue as a Key Employee. The Company and the Enterprises
do not have a present intention to terminate the employment of any of the foregoing. The employment of each employee of the Company and the Enterprises is terminable at the will of the Company and the applicable Enterprise. Except as set forth in
Section 2.17(c) of the Disclosure Schedule or as required by law, upon termination of the employment of any such employees, no severance or other payments will become due. Except as set forth in
Section 2.17(c) of the Disclosure Schedule, the Company and the Enterprises have no policy, practice, plan or program of paying severance pay or any form of severance compensation in connection with the termination of
employment services. 
 (d) The Company and the Enterprises have not made any representations regarding equity incentives to any officer,
employee, manager, consultant that are inconsistent with the share amounts and terms set forth in the minutes of meetings of (or actions taken by unanimous written consent by) the Company’s Board of Directors. 

  
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 (e) Section 2.17(e) of the Disclosure Schedule sets forth
each employee benefit plan maintained, established or sponsored by the Company or any Enterprise, or which the Company or any Enterprise participates in or contributes to, which is subject to the Employee Retirement Income Security Act of 1974, as
amended (an “Employee Plan”). The Company and the Enterprises have complied with all applicable laws for any such Employee Plan, except where such non-compliance could not reasonably be
expected to result in a Material Adverse Effect. 
 (f) The Company and the Enterprises are not bound by or subject to (and none of its
assets or properties is bound by or subject to) any written or oral, express or implied, contract, commitment or arrangement with any labor union, and no labor union has requested or, to the knowledge of the Company, has sought to represent any of
the employees, representatives or agents of the Company or any Enterprise. There is no strike or other labor dispute involving the Company or any Enterprise pending, or to the Company’s knowledge, threatened, which could have a Material Adverse
Effect, nor is the Company aware of any labor organization activity involving its employees or the employees of any Enterprise. 
 2.18
Tax Matters. 
 (a) Payment and Withholding of Taxes. The Company and each Enterprise has paid all material Taxes due and
payable by it as of the date hereof, whether or not shown as due on any Tax Return, pursuant to any assessment, or otherwise. The Company and each Enterprise has withheld, deducted and collected from amounts owed to any employee, creditor,
independent contractor, nonresident or foreign person, any third party or other person and, to the extent required by applicable law, paid to the proper governmental authority or other Person, all material Taxes that the Company or Enterprise is or
was required by law to withhold, deduct or collect as of the date hereof. 
 (b) Filing of Tax Returns. The Company and each
Enterprise has filed or caused to be filed on a timely basis (taking into account valid extensions) all material Tax Returns that are or were required to be filed by it pursuant to applicable law as of the date hereof. All such Tax Returns are true,
correct and complete in all material respects. Neither the Company nor any Enterprise has received any written notice from any governmental authority in a jurisdiction where the Company does not file Tax Returns that it is or may be subject to
taxation by that jurisdiction. No material extensions or waivers of statutes of limitations have been given or requested by the Company or any Enterprise with respect to any Taxes, and no such extension or waiver of statutes of limitations is
currently in effect or the subject of an outstanding request. The Company and each Enterprise has complied in all material respects with all applicable information reporting requirements in connection with amounts paid to any Person. 

(c) Tax Litigation and Examinations. Neither the Company nor any Enterprise is a party to or subject of any litigation or, to the
Company’s knowledge, any investigation, in each case, relating to Taxes or Tax Returns, and, neither the Company nor any Enterprise has received a written threat or assertion of any such litigation. 

  
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 (d) Tax Liens. There are no liens for Taxes (other than for current Taxes not yet
due and payable or being contested in good faith by appropriate procedures) upon the assets of the Company or any Enterprise. 
 (e)
Consolidated Groups. No Enterprise is, or has been, a member of an affiliated, combined, consolidated or unitary Tax group for Tax purposes. Neither the Company nor any Enterprise has liability for Taxes of any other Person (i) under
Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law) or (ii) as a transferee, successor, or contract (other than a contract the primary purpose of which is
not Taxes). 
 (f) Reportable Transactions. Neither the Company nor any Enterprise has not been a party to, or participated in, any
“reportable transaction” within the meaning of Section 6707A(c) of the Code or Treasury Regulation Section 1.6011-4(b). 

(g) Section 6662. The Company and each Enterprise has (i) disclosed on its Tax Returns all positions taken therein that could give
rise to a substantial understatement of Tax within the meaning of Code Section 6662 (or any similar provision law) and (ii) timely (taxing into account valid extensions) prepared or caused to be prepared all reports and other documentation
necessary to avoid the imposition of any material penalty under the provisions of Section 6662(e) of the Code. 
 (h) Tax Status of
Entities. The Company is and has been since admission of its members a partnership for federal income tax purposes. With the exception of OneTrust, each Enterprise shown on Exhibit A as 100% owned is a disregarded entity for federal income tax
purposes. Each Enterprise shown on Section 2.18(h) of the Disclosure Schedule as less than 100% owned is a partnership for federal income tax purpose. OneTrust is the only Enterprise that has been treated as a corporation
for federal income tax purposes in the last four (4) tax years. 
 (i) Sales Tax. The Company and each Enterprise complied in
all material respects with requirements to collect and retain Tax exemption certificates or other documentation for sales made or services provided to Persons without charging or remitting sales, use, value added or similar Taxes that qualify as
exempt from sales or similar Taxes. 
 (j) International. Neither the Company nor any Enterprise is required to file an income Tax
Return in any country other than the United States or Puerto Rico by virtue of having a permanent establishment or other place of business in such country. 

(k) Exclusive Representations. Except for certain representations related to Taxes in Section 2.17, the representations and
warranties set forth in this Section 2.18 are the Company’s sole and exclusive representations and warranties regarding Tax matters. 

  
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 2.19 Mortgage Enterprises. Except as set forth in
Section 2.19 of the Disclosure Schedule: 
 (a) CalCon (i) is approved and in good standing, as required, as
an issuer of the Government National Mortgage Association (“Ginnie Mae”), a seller/servicer of the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation
(“Freddie Mac”), a lender or mortgagee of the Federal Housing Administration of the U.S. Department of Housing and Urban Development, the United States Department of Veterans Affairs, and the Rural Housing Service of the United
States Department of Agriculture, and as otherwise appropriate by all agencies and governmental or quasi-governmental authorities or by all other entities with which CalCon conducts business, (ii) has not received any written notice of any
current cancellation or suspension of, or current material limitation on, its status as a licensee or as an approved issuer, seller/servicer or lender, as applicable, from any of the foregoing governmental entities, and (iii) has not received
any written notice indicating that any event has occurred that would reasonably be expected to result in it not maintaining its Mortgage Servicing Rights in respect of any Servicing Agreement. 

(b) As of the date hereof, subject to Applicable Requirements and except for any Permitted Encumbrances, CalCon owned the entire right, title
and interest free and clear of any liens or encumbrances in and to its Mortgage Enterprise Acquired Mortgage Loans, Mortgage Servicing Rights and Mortgage Enterprise Owned Mortgage Loans, in each case, that were reflected as an asset in the audited
consolidated balance sheet of CalCon as of September 30, 2021 and has not disposed of any such right, title or interest in such assets except in the ordinary course of business consistent with past practice. CalCon has the right to service the
Mortgage Loans currently being serviced by it. If CalCon originated or acquired a Mortgage Enterprise Acquired Mortgage Loan and then sold or otherwise transferred such Mortgage Enterprise Acquired Mortgage Loan to a third party, (i) CalCon had
good and marketable title free and clear of any liens or encumbrances, other than Permitted Encumbrances and (ii) such third party does not, as of the date hereof, have the right to exercise any right to demand repurchase of such Mortgage
Enterprise Acquired Mortgage Loan by CalCon. 
 (c) CalCon is in compliance in all material respects with its servicing obligations under
all Applicable Requirements. CalCon has not received written notice of any pending or threatened cancellation or material partial termination of any Servicing Agreement. 

(d) Each Mortgage Enterprise Acquired Mortgage Loan that was originated or securitized by any Mortgage Enterprise and each Mortgage Enterprise
Acquired Mortgage Loan that was not originated or securitized by such Mortgage Enterprise, was, to the Company’s knowledge, underwritten, originated, funded, insured and securitized in accordance with all Applicable Requirements in effect at
the applicable time. Each Mortgage Loan and the related servicing rights that was sold or otherwise transferred to a third party, was sold or otherwise transferred in accordance with all Applicable Requirements in effect at the time of such sale or
transfer. 
 (e) (i) The origination file, servicing file, records and documents (whether hard copy or electronic) for each Mortgage
Loan owned or serviced by any Mortgage Enterprise as of the date hereof is true and complete and complies with all Applicable Requirements and (ii) there has been no servicer default, servicer termination event, portfolio trigger or other
default or breach by any Mortgage Enterprise under any Servicing Agreement or any Applicable Requirements. 

  
 20 

 (f) All Mortgage Enterprise Owned Mortgage Loans represent (i) genuine, legal, valid
and binding payment obligations in writing of the obligors thereunder, and (ii) are enforceable by the holders thereof in accordance with their terms (other than as may be limited by bankruptcy or insolvency law or the Coronavirus Aid, Relief,
and Economic Security (CARES) Act or similar state and local laws, directives or guidelines promulgated by any governmental entity or Investor). 

(g) No right of rescission, setoff, adjustment, counterclaim or defense has been asserted or threatened in writing with respect to the
Mortgage Loans that would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on any Mortgage Enterprise. 

(h) No obligor under any Mortgage Loan is an individual that was included on the “Specially Designated Nationals and Blocked Persons
List” of the Office of Foreign Assets Control at the time of origination. 
 (i) No Mortgage Loan was originated in, or is subject to
the laws of, any jurisdiction the laws of which would make unlawful, void or voidable the sale, transfer and/or assignment of the Mortgage Loans or the related Mortgage Servicing Rights (or any related instruments under which it was originated). No
Mortgage Enterprise has entered into any contract with any obligor that prohibits, restricts or conditions the assignment of such Mortgage Loans or the related Mortgage Servicing Rights (or any related instruments under which it was originated).

 (j) Each application in process for a Mortgage Loan whether or not registered and designated as price protected on any Mortgage
Enterprise’s residential mortgage loan origination system and which has not closed or funded as of the date of this Agreement (each a “Pipeline Loan”) conforms to the Pipeline Requirements and all applicable Investor
Commitments in all material respects is eligible for sale to, insurance by, or pooling to back securities issued or guaranteed by the applicable Investor to which the Pipeline Loan may be sold by such Mortgage Enterprise. All interest rate locks on
Pipeline Loans have been conducted and managed in the ordinary course of business consistent with past practices and consistent with the Applicable Requirements. 

(k) Exclusive Representations. The representations and warranties set forth in this Section 2.19 are the Company’s sole and
exclusive representations and warranties regarding the Applicable Requirements with respect to mortgage matters. 
 2.20 Reserved.

 2.21 Limited Liability Company Documents. The Restated Operating Agreement of the Company and the operating agreements of the
Enterprises in effect as of the date of this Agreement are in the forms previously delivered to the Purchaser. The copy of the minute books of the Company and the Enterprises provided to the Purchaser contains minutes of all meetings of Board of
Directors and members and all actions by written consent without a meeting by the Board of Directors and members since the date of formation of the Company and of each Enterprise and accurately reflects in all material respects all actions by the
Board of Directors (and any committee of Board of Directors) and members. 

  
 21 

 2.22 Data Privacy. In connection with its collection, storage, use and/or disclosure
of any information that constitutes “personal information,” “personal data” or “personally identifiable information” as defined in applicable laws (collectively “Personal Information”) by the Company or
any Enterprise, the Company and each Enterprise is and in the past two (2) years has been in compliance in all material respects with (a) all applicable laws (relating to privacy, data security, data breaches, telephone and text message
communications, and marketing by email or other channels) in all relevant jurisdictions, (b) the Company’s and the Enterprises’ privacy policies and public written statements regarding the Company’s or the Enterprises’
published privacy or data security practices, and (c) the requirements of any applicable contracts relating to data privacy or data security (collectively, “Privacy Requirements”). The Company and each Enterprise has not
received any subpoenas, demands, or other written notices from any governmental authority investigating, inquiring into, or otherwise relating to any actual or potential violation of any Privacy Requirement. The Company and each Enterprise maintains
and has in the past two (2) years maintained reasonable physical, technical, and administrative security measures and policies designed to protect all Personal Information owned, stored, used, maintained or controlled by the Company or any
Enterprise from and against unlawful, accidental or unauthorized access, destruction, loss, use, modification and/or disclosure. To the Company’s knowledge, there has been no occurrence of (x) unlawful, accidental or unauthorized
destruction, loss, use, modification or disclosure of or access to Personal Information owned, stored, used, maintained or controlled by the Company or any Enterprise such that Privacy Requirements require or required the Company or any Enterprise
to notify government authorities, affected individuals or other parties of such occurrence or (y) unauthorized access to or disclosure of the Company’s or any Enterprise’s confidential information or trade secrets that reasonably
would be expected to result in a Material Adverse Effect. 
 2.23 No Brokers. Except as set forth on
Section 2.23 of the Disclosure Schedule, the Company has taken no action which would give rise to any claim by any person for brokerage commissions, transaction fees or similar payments relating to this Agreement or the
transactions contemplated hereby. 
 3. Representations and Warranties of the Purchaser. The Purchaser hereby represents and warrants
to the Company that: 
 3.1 Organization. The Purchaser is a state chartered bank and is duly organized, validly existing, and in good
standing under the laws of the State of West Virginia and has all requisite power and authority to carry on its business as now conducted and as presently proposed to be conducted. The Purchaser is duly qualified or licensed to conduct business and
is in good standing (or the local law equivalent) in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect as to the Purchaser. 

  
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 3.2 Authorization. The Purchaser has full power and authority to enter into this
Agreement and the Transaction Agreements. This Agreement and the Transaction Agreements to which the Purchaser is a party, when executed and delivered by the Purchaser, will constitute valid and legally binding obligations of the Purchaser,
enforceable against the Purchaser in accordance with their terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and any other laws of general application affecting enforcement of
creditors’ rights generally, and as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies. 

3.3 No Breach; Governmental Consents and Filings. The execution, delivery and performance by the Purchaser of this Agreement and the
other Transaction Agreements, and the consummation by the Purchaser of the transactions contemplated hereby and thereby, do not and will not require any consent from or notice to any third parties or governmental entities and do not and will not
conflict with or result in any breach of any of the provisions of, constitute a default under, result in a material violation of or result in the creation of a right of termination or acceleration or any lien upon any assets of the Purchaser under
the provisions of (a) any contract or permit by which the Purchaser is bound, (b) the governing documents of the Purchaser or (c) any laws to which the Purchaser (or any of the assets held by the Purchaser) is subject. No consent,
approval, order or authorization of, or registration, qualification, designation, declaration or filing with any court, administrative agency, commission, federal, state, local or foreign governmental authority or instrumentality, self-regulatory
organization or other governing body or governmental authority is required on the part of the Purchaser in connection with the consummation of the transactions contemplated by this Agreement and the Transaction Agreements. As of the date hereof,
Company is not aware of any reason why the necessary regulatory approvals and consents will not be received in order to permit consummation of the transactions contemplated herein on a timely basis. 

3.4 Permits; Compliance with Applicable Laws.  

(a) The Purchaser has all licenses, franchises, permits and authorizations necessary for the lawful conduct of its respective businesses and
ownership of its respective properties, rights and assets under and pursuant to each (and have paid all fees and assessments due and payable in connection therewith), except where neither the cost of failure to hold nor the cost of obtaining and
holding such license, franchise, permit or authorization (nor the failure to pay any fees or assessments) would, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on the Purchaser. The Purchaser is not
in material default in any respect under any of such franchises, permits, licenses or other similar authority and to the Purchaser’s knowledge, no suspension or cancellation of any such necessary license, franchise, permit or authorization is
threatened. 
 (b) The Purchaser has complied in all material respects with and are not in material default or violation under any
applicable law, statute, order, rule, regulation, policy and/or guideline of any governmental entity relating to the business, operations, properties or assets of the Purchaser, including without limitation laws related to data protection or
privacy, the USA PATRIOT ACT, the Bank Secrecy Act, the Equal Credit Opportunity Act and Regulation B, the Fair Housing Act, the Fair Credit Reporting Act, the Truth in Lending Act and Regulation Z, 

  
 23 

 
the Home Mortgage Disclosure Act, the Fair Debt Collection Practices Act, the Electronic Fund Transfer Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, any regulations
promulgated by the Consumer Financial Protection Bureau, the SAFE Mortgage Licensing Act of 2008, the Real Estate Settlement Procedures Act and Regulation X, and any other laws relating to bank secrecy, discriminatory lending, and money laundering
prevention. 
 (c) (i) The Purchaser has not received any written notification or communication from any governmental entity or the staff
thereof asserting that the Purchaser is not in compliance with any applicable law, statute, order, rule, regulation, policy and/or guideline relating to the business, operations, properties or assets of the Purchaser; and (ii) the Purchaser is
not subject to any pending, or to the Purchaser’s knowledge, threatened investigation, cease and desist or other order or enforcement action issued by, or is a party to any written agreement, consent agreement or memorandum of understanding
with, or is a party to any commitment letter, safety and soundness compliance plan, or similar undertaking, or is subject to any order or directive by, or has been ordered to pay any civil money penalty by, or has been a recipient of any supervisory
letter from, or has adopted any policies, procedures or board resolutions at the request or suggestion of any governmental entity that currently restricts in any material respect the conduct of their respective businesses. 

3.5 Litigation. There are no proceedings pending, or to the Purchaser’s knowledge, threatened, in writing, against the Purchaser
before any governmental entity, which would reasonably be expected to have a Material Adverse Effect on the Purchaser. There is no order outstanding against the Purchaser which would reasonably be expected to have a Material Adverse Effect on the
Purchaser. 
 3.6 Purchaser SEC Documents and Sarbanes-Oxley Act 

(a) The Purchaser has timely filed with or furnished to the United Stated Securities and Exchange Commission (the “SEC”) all
reports, schedules, forms, statements, prospectuses, registration statements, certifications and other documents required to be filed with or furnished to the SEC by the Purchaser since January 1, 2020 (collectively, together with any exhibits
and schedules thereto and other information incorporated by reference therein, as such statements and reports may have been amended since the date of their filing and prior to the date hereof, the “Purchaser SEC Documents”). No
subsidiary of the Purchaser is required to file any report, schedule, form, statement, prospectus, registration statement or other document with the SEC. 

(b) As of its filing date (and as of the date of any amendment), each Purchaser SEC Document filed prior to the date hereof complied, and each
Purchaser SEC Document filed subsequent to the date hereof will comply in all material respects with the applicable requirements of the Securities Act, the Exchange Act and the Sarbanes-Oxley Act, as the case may be. 

(c) As of its filing date (or, if amended or superseded by a filing prior to the date hereof, on the date of such filing), each Purchaser SEC
Document filed prior to the date hereof did not, and each Purchaser SEC Document filed subsequent to the date hereof will not, contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or
necessary in order to make the statements made therein, in light of the circumstances under which they were made, not misleading. 

  
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 (d) Each of the Purchaser and, to the Purchaser’s knowledge, each of its executive
officers and directors is and since January 1, 2020, subject to any applicable grace periods, has been in compliance in all material respects with the applicable provisions of the Sarbanes-Oxley Act. 

(e) The Purchaser has established and maintains disclosure controls and procedures (as defined in Rule
13a-15 under the Exchange Act). Such disclosure controls and procedures are designed to ensure that all material information relating to the Purchaser, including its consolidated subsidiaries, is made known to
the Purchaser’s principal executive officer and its principal financial officer by others within those entities. Such disclosure controls and procedures are effective in timely alerting the Purchaser’s principal executive officer and
principal financial officer to material information required to be included in the Purchaser’s periodic and current reports required under the Exchange Act. For purposes of this Agreement, “principal executive officer” and
“principal financial officer” shall have the meanings given to such terms in the Sarbanes-Oxley Act. 
 (f) The Purchaser has
established and maintains internal controls. The Purchaser’s internal controls are sufficient to provide reasonable assurance regarding the reliability of the Purchaser’s financial reporting and the preparation of the Purchaser financial
statements for external purposes in accordance with GAAP. The Purchaser has disclosed, based on its most recent evaluation of internal controls prior to the date hereof, to the Purchaser’s auditors and audit committee of the Purchaser’s
Board of Directors, (i) any significant deficiencies and material weaknesses in the design or operation of internal controls which are reasonably likely to adversely affect the Purchaser’s ability to record, process, summarize and report
financial information, and (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in internal controls. 

(g) Each of the principal executive officer and principal financial officer of the Purchaser (or each former principal executive officer and
principal financial officer of the Purchaser, as applicable) has made all certifications required by Rule 13a-14 or 15d-14 under the Exchange Act and Sections 302 and
906 of the Sarbanes-Oxley Act, and the statements contained in any such certifications were true and complete on the date such certifications were made. 

3.7 Financial Statements. 

(a) The consolidated financial statements (including all related notes and schedules thereto) of the Purchaser included in or incorporated by
reference into the Purchaser SEC Documents (the “Purchaser SEC Financial Statements”) comply in all material respects as to form with applicable accounting requirements and the published rules and regulations of the SEC with respect
thereto. The Purchaser SEC Financial Statements fairly present, or, in the case of the Purchaser SEC Documents filed after the date of this Agreement, will fairly present, in all material respects the consolidated financial position of Purchaser and
its consolidated subsidiaries, 

  
 25 

 
as at the respective dates thereof, and the consolidated results of their operations, stockholders’ equity and their consolidated cash flows for the respective periods then ended (subject,
in the case of the unaudited statements, to normal year-end audit adjustments that are not material in amount or effect and to the absence of information or notes not required by GAAP to be included in interim
financial statements), all in conformity with GAAP applied on a consistent basis during the periods involved (except as may be indicated therein or in the notes thereto). 

(b) From January 1, 2020 to the date of this Agreement, Purchaser has not received written notice from the SEC or any other governmental
entity indicating that any of its accounting policies or practices are the subject of any review, inquiry, investigation or challenge by the SEC or any other governmental entity. 

3.8 Absence of Certain Changes or Events. Since January 1, 2020, except for liabilities or obligations incurred in connection with,
or expressly contemplated by, this Agreement, (a) Purchaser and its subsidiaries have conducted their respective businesses in the ordinary course and (b) there has not been any event, change, effect, development or occurrence that has had
or would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on Purchaser. 
 3.9 Purchase
Entirely for Own Account. This Agreement is made with the Purchaser in reliance upon the Purchaser’s representation to the Company, which by the Purchaser’s execution of this Agreement, the Purchaser hereby confirms, that the Units to
be acquired by the Purchaser will be acquired for investment for the Purchaser’s own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and that the Purchaser has no present intention of
selling, granting any participation in, or otherwise distributing the same. By executing this Agreement, the Purchaser further represents that the Purchaser does not presently have any contract, undertaking, agreement or arrangement with any Person
to sell, transfer or grant participations to such Person or to any third Person, with respect to any of the Units. The Purchaser has not been formed for the specific purpose of acquiring the Units. 

3.10 Investigation by Purchaser. Purchaser has conducted its own independent investigation, verification, review and analysis of the
business, operations, assets, liabilities, results of operations, financial condition, technology and prospects of the Company, which investigation, verification, review and analysis was conducted by Purchaser and its Affiliates and, to the extent
Purchaser deemed appropriate, by Purchaser’s representatives. Purchaser acknowledges that it and its Representatives have been provided adequate access to the personnel, properties, premises and records of the Company and the audit workpapers
of the Company’s auditors for such purpose. In entering into this Agreement, Purchaser acknowledges that it has relied solely upon the aforementioned investigation, verification, review and analysis and not on any factual representation,
warranty, inducement, promise, understanding, condition or opinion of the Company or any of its Affiliates or representatives (except the specific representations and warranties of the Company set forth in Section 2), and Purchaser acknowledges
and agrees, to the fullest extent permitted by law, that: 

  
 26 

 (a) none of the Company or any of its respective directors, officers, equityholders,
stockholders, employees, Affiliates, controlling Persons, agents, advisors or representatives or any other Person makes or has made any oral or written representation or warranty, either express or implied, as to the accuracy or completeness of
(i) any of the information set forth in presentations relating to the Company made available to Purchaser, its Affiliates or its representatives, in materials made available in any “data room” (virtual or otherwise), including any
cost estimates delivered or made available, financial projections or other projections, in presentations by the management of the Company, in “break-out” discussions, in responses to questions
submitted by or on behalf of Purchaser, its Affiliates or its representatives, whether orally or in writing, in materials prepared by or on behalf of the Company, or in any other form, or (ii) the
pro-forma financial information, projections or other forward-looking statements of the Company, in each case in expectation or furtherance of the transactions contemplated by this Agreement; 

(b) except as reflected in the specific representations and warranties of the Company set forth in Section 2, none of the Company or any
of its directors, officers, employees, equityholders, stockholders, Affiliates, controlling Persons, agents, advisors, representatives or any other Person shall have any liability or responsibility whatsoever to Purchaser or its directors, officers,
employees, Affiliates, controlling Persons, agents or representatives on any basis (including in contract, tort or equity, under federal or state securities laws or otherwise) based upon any information provided or made available, or statements made
(including set forth in management summaries relating to the Company provided to Purchaser, in materials furnished in the Company’s data site (virtual or otherwise), in presentations by the Company’s management or otherwise), to Purchaser
or its directors, officers, employees, Affiliates, controlling Persons, advisors, agents or representatives (or any omissions therefrom); 

(c) without limiting the generality of the foregoing, the Company makes no representation or warranty regarding any third party beneficiary
rights or other rights which Purchaser might claim under any studies, reports, tests or analyses prepared by any third parties for the Company or any of its Affiliates, even if the same were made available for review by Purchaser or its
representatives; and 
 (d) without limiting the generality of the forgoing, Purchaser expressly acknowledges and agrees that none of the
documents, information or other materials provided to it at any time or in any format by the Company or any of their respective Affiliates or representatives constitute legal advice, and Purchaser waives all rights to assert that it received any
legal advice from the Company, any of their respective Affiliates, or any of their respective representatives or counsel, or that it had any sort of attorney-client relationship with any of such Persons. 

3.11 Reliance. The Purchaser has had an opportunity to discuss the Company’s business, management, financial affairs and the terms
and conditions of the offering of the Units with the Company’s management and has had an opportunity to review the Company’s facilities. The foregoing, however, does not limit or modify the representations and warranties of the Company in
Section 2 of this Agreement or the right of the Purchaser to rely thereon. 

  
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 3.12 Restricted Securities. The Purchaser understands that the Units have not been,
and will not be, registered under the Securities Act, by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of
the Purchaser’s representations as expressed herein. The Purchaser understands that the Units are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant to these laws, the Purchaser must
hold the Units indefinitely unless they are registered with the Securities and Exchange Commission and qualified by state authorities, or an exemption from such registration and qualification requirements is available. The Purchaser
acknowledges that the Company has no obligation to register or qualify the Units, or the Common Units into which units may be converted, for resale except as set forth in the Restated Operating Agreement. The Purchaser further acknowledges that if
an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the Units, and on requirements relating to the Company
which are outside of the Purchaser’s control, and which the Company is under no obligation and may not be able to satisfy. 

3.13 Financing. The Purchaser has and will have on the Closing Date, and at all times during the period beginning on the Agreement Date
and ending on the Closing Date, sufficient cash in hand or borrowing capacity under existing credit arrangements that is available to consummate the transactions contemplated hereby, including to pay the MVB Investment Consideration and the fees and
expenses of the Purchaser related to the transactions contemplated hereby. There is no circumstance or condition that, individually or in the aggregate with all other circumstances or conditions, would reasonably be expected to prevent or
substantially delay the availability of such funds at the Closing. The Purchaser acknowledges that its obligations under this Agreement are not contingent or conditioned in any manner on obtaining any financing. 

3.14 No Public Market. The Purchaser understands that no public market now exists for the Units, and that the Company has made no
assurances that a public market will ever exist for the Units. 
 3.15 Legends. The Purchaser understands that the Units and any
securities issued in respect of or exchange for the Units, in the event the Company elects to certificate such Units, may be notated with one or all of the following legends: 

“THE UNITS OF CLASS B COMMON UNITS REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED
FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH TRANSFER MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE
COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.” 

  
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 (a) Any legend set forth in, or required by, the other Transaction Agreements. 

(b) Any legend required by the securities laws of any state to the extent such laws are applicable to the Units represented by the
certificate, instrument, or book entry so legended. 
 3.16 Accredited Investor. The Purchaser is an accredited investor as defined in
Rule 501(a) of Regulation D promulgated under the Securities Act. 
 3.17 Residence. The office of the Purchaser in which its
principal place of business is identified in the address or addresses of the Purchaser set forth on Attachment 1. 
 3.18
Brokers. Other than its engagement of Raymond James, the Company has taken no action which would give rise to any claim by any person for brokerage commissions, transaction fees or similar payments relating to this Agreement or the
transactions contemplated hereby. 
 3.19 Noncontravention. The execution, delivery and performance of this Agreement by Purchaser and
each Transaction Agreement to which it is a party and the consummation of the transactions contemplated hereby and thereby, will not (a) violate any provision of its organizational documents, (b) materially violate any law, order, or other
restriction of any governmental entity to which Purchaser is subject, or (c) conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or
cancel, or require any notice under any contract which is a “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC) or other arrangement to which Purchaser is a
party or by which it is bound or to which any of its assets is subject. 
 3.20 Legal Proceedings. There are no proceedings pending
or, to Purchaser’s knowledge, threatened against or by Purchaser that challenge or seek to prevent, enjoin, or otherwise delay the transactions contemplated by this Agreement. 

3.21 Valid Issuance of Stock. The MVB Stock, when issued, sold and delivered in accordance with the terms and for the consideration set
forth in this Agreement, will be validly issued, fully paid and nonassessable and free of restrictions on transfer other than restrictions on transfer contained in this Agreement and applicable state and federal securities laws and free of any liens
or encumbrances. Assuming the accuracy of the representations of the Company in Section 2 of this Agreement, the MVB Stock will be issued in compliance with all applicable federal and state securities laws. 

4. Covenants. 
 4.1
Conduct of Business Prior to the Closing Date. During the period from the date of this Agreement to the Closing Date or earlier termination of this Agreement, except as expressly contemplated or permitted by this Agreement (including as set
forth in the Disclosure Schedule), required by law or as consented to in writing by Purchaser (only to the extent that the 

  
 29 

 
Company enters into an action that would require Supermajority Member Vote as provided under the terms and conditions set forth in the Restated Operating Agreement) (or, in the case of
clause (b), the Company) (such consent not to be unreasonably withheld, conditioned or delayed), (a) Company shall, and shall cause each Enterprise to use commercially reasonable efforts to maintain and preserve intact their business
organizations, the services of its employees and its advantageous business relationships, (b) except as expressly required by this Agreement (including as set forth in the Disclosure Schedule), required by law or as consented to in writing by
the other party, each of the Company and the Enterprises on the one hand, and Purchaser on the other hand, shall not, and shall cause their respective subsidiaries not to, knowingly take any action that would reasonably be expected to adversely
affect or materially delay the ability to obtain any necessary approvals of any regulatory agency or other governmental entity required for the transactions contemplated hereby or to perform its respective covenants and agreements under this
Agreement or to consummate the transactions contemplated hereby on a timely basis. Notwithstanding anything to the contrary set forth in Section 4.1 or Section 4.2 (other than Section 4.2(b), to which
this sentence shall not apply), a party and its subsidiaries may take any commercially reasonable actions that such party reasonably determines are necessary or prudent for it to take or not take in response to the
COVID-19 Pandemic; provided, that such party shall provide prior notice to the other party to the extent such actions would otherwise require consent of the other party under this Section
4.1 or Section 4.2.  
 4.2 Company Forbearances. During the period from the date of this Agreement to the
Closing Date or earlier termination of this Agreement, except as set forth in the Disclosure Schedule, as expressly contemplated or permitted by this Agreement or as required by law, the Company shall not, and shall not permit any Enterprises to,
without the prior written consent of Purchaser (such consent not to be unreasonably withheld, conditioned or delayed): 
 (a) other than in
the ordinary course of business consistent with past practice: 
 (i) adjust, split, combine or reclassify any capital
interests; 
 (ii) except as set forth in Section 4.2(a)(ii) of the Disclosure Schedule, make,
declare or pay any dividend, or make any other distribution on, or directly or indirectly redeem, purchase or otherwise acquire, any shares of its equity interests or any securities or obligations convertible (whether currently convertible or
convertible only after the passage of time or the occurrence of certain events) into or exchangeable for any shares of its equity interests; 

(iii) except as set forth in Section 4.2(a)(iii) of the Disclosure Schedule, grant any Company
equity awards (or any similar award that would be a Company equity award had it been issued under the Equity Plans) or other equity-based awards or interests, or grant any individual, corporation or other entity any other equity; 

  
 30 

 (iv) issue, sell or otherwise permit to become outstanding any additional
units of equity interests or securities convertible or exchangeable into, or exercisable for, any units of equity interests or any options, warrants, or other rights of any kind to acquire any units of equity interests, except pursuant to the
exercise of equity options or the settlement of equity compensation awards outstanding as of the date hereof in accordance with their terms; 

(b) sell, transfer, mortgage, encumber or otherwise dispose of any of their material properties or assets or any business to any person, or
cancel, release or assign any indebtedness to any such person or any claims held by any such person, in each case other than in the ordinary course of business consistent with past practice or pursuant to contracts or agreements in force at the date
of this Agreement; 
 (c) amend the organizational documents of the Company or of any Enterprise; 

(d) merge or consolidate itself or any Enterprise with any other person, or restructure, reorganize or completely or partially liquidate or
dissolve it or any Enterprise; 
 (e) implement or adopt any change in its accounting principles, practices or methods, other than as may be
required by GAAP or applicable law; 
 (f) (i) change or revoke any material tax election, (ii) change an annual tax accounting period
(except for any such change required by reason of concurrent change in the Code or applicable law), (iii) adopt or change any material tax accounting method (except for any such change required by reason of concurrent change in GAAP, the Code or
applicable law), (iv) file any material amended Tax Return, (v) enter into any closing agreement with respect to any material Taxes, or (vi) settle any Tax claim, audit, assessment or dispute or surrender any right to claim a material
refund of Taxes; 
 (g) except as set forth in Section 4.2(g) of the Disclosure Schedule, enter into or engage in
any business or business activity that would constitute an Impermissible Business Activity (as defined in the Restated Operating Agreement); provided, that the foregoing shall not prohibit the principals of the Company from engaging in such
business or business activities under the protocol set forth in Section 1.3(b) of the Restated Operating Agreement; 
 (h) knowingly
take any action that is intended to or would reasonably be likely to prevent, materially impede or materially delay the ability of Purchaser, Company or any Enterprise to obtain any necessary approvals of any governmental entity required for Closing
or to perform their covenants and agreements under this Agreement or to consummate the transactions contemplated hereby; or 
 (i) agree to
take, make any commitment to take, or adopt any resolutions of its Board of Directors or similar governing body in support of, any of the actions prohibited by this Section 4.2. 

  
 31 

 4.3 Reasonable Best Efforts  

(a) During the period from the date of this Agreement to the Closing Date or earlier termination of this Agreement, except subject to the
terms and conditions of this Agreement, each of Company and Purchaser agree to use its reasonable best efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper, desirable, or advisable, so as
to permit or cause consummation of the transactions contemplated by this Agreement as promptly as practicable and shall reasonably cooperate with the other party hereto to that end. 

(b) During the period from the date of this Agreement to Closing Date or earlier termination of this Agreement, the Company shall cooperate
and use its reasonable best efforts to prepare as promptly as practicable all documentation, to make all filings, and to obtain all consents, approvals, waivers, permits, and any other authorization required by a governmental entity or thirty party
required to consummate the transactions contemplated by this Agreement. 
 4.4 Financial Statements. The Company shall cause to be
furnished to Purchaser audited financial statements for the Company and for each Enterprise for the fiscal year ended December 31, 2021 no later than five (5) days after the receipt thereof. 

4.5 Purchaser Forbearances. During the period from the date of this Agreement to Closing Date or earlier termination of this Agreement,
as expressly contemplated or permitted by this Agreement or as required by law, Purchaser shall not, and shall not permit any Enterprise to, without the prior written consent of Company (such consent not to be unreasonably withheld, conditioned or
delayed): 
 (a) amend its organizational documents, its Bylaws or the comparable governing documents of its subsidiaries in a manner that
would materially adversely affect the economic benefits to the holders of the MVB Stock; 
 (b) adopt or publicly propose a plan of complete
or partial liquidation or resolutions providing for or authorizing such a liquidation or a dissolution of Purchaser; and 
 (c) agree to
take, make any commitment to take, or adopt any resolutions of its board of directors or similar governing body in support of, any of the actions prohibited by this Section 4.5. 

5. Conditions to the Purchaser’s Obligations at Closing; Closing Deliveries. The obligations of
the Purchaser to purchase Units at the Closing are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived: 

5.1 No Injunction. On the Closing Date, there shall not be in effect any order issued by a court of competent jurisdiction restraining
or prohibiting consummation of the transactions contemplated by this Agreement and there shall not be any action taken, or any statute, rule, regulation or order enacted, entered or enforced which makes the consummation of such transactions illegal.

  
 32 

 5.2 Representations and Warranties. Each of the representations and warranties of the
Company made in this Agreement that is qualified as to materiality shall be true and correct in all respects, but subject to materiality qualification, at and as of the Closing Date as though such representations and warranties were made or given on
and as of the Closing Date, and each of the representations and warranties of the Company that is not qualified as to materiality shall be true and correct in all material respects at and as of the Closing Date as though such representations and
warranties were made or given on and as of the Closing Date, except for representations and warranties that speak as of a specific date or time (which need be true and correct only as of such date or time). 

5.3 Performance. The Company shall have, in all material respects, performed and complied with all agreements, obligations, covenants
and conditions required by this Agreement to be so performed or complied with by the Company or by the Enterprises at or prior to the Closing. 

5.4 Proceedings and Documents. All corporate and other proceedings in connection with the transactions contemplated at the Closing and
all documents incident thereto shall be reasonably satisfactory in form and substance to the Purchaser, and the Purchaser (or its respective counsel) shall have received all such counterpart original and certified or other copies of such documents
as reasonably requested. Such documents may include good standing certificates. 
 5.5 Compliance Certificate. The Chief Executive
Officer of the Company shall deliver to the Purchaser at such Closing a certificate certifying that the conditions specified in Sections 5.2 and 5.3 have been fulfilled. 

5.6 Material Adverse Effect. There shall not have been an occurrence or nonoccurrence of any event or circumstance that results or would
reasonably be expected to result in a Material Adverse Effect. 
 5.7 Tax Certification. The Company shall have delivered to Purchaser
a duly completed and executed affidavit dated as of the Closing Date satisfying the requirements of Treasury Regulation Section 1.1445-2(b) stating that Company is not a “foreign person” as
defined in Section 1445 of the Code. 
 5.8 Regulatory Consents; Approvals; Notices. The Company shall have delivered to
Purchaser evidence that all material licenses, permits and authorizations held by the Company and each Enterprise and utilized in their business are validly issued and in good standing with evidence of the term of each such license, permit or
authorization, and any written consents to assignment of the contracts (if any) and the filings with government authorities and government approvals set forth on Section 5.8 of the Disclosure Schedule. All authorizations,
licenses, approvals or permits, if any, of any governmental authority or regulatory body of the United States, or any state, or of any foreign governmental authority that are required in connection with the transactions contemplated herein and in
connection with the lawful issuance and sale of the Units pursuant to this Agreement shall be obtained and effective as of Closing, and any notices required to be provided thereto shall have been provided; provided, that, the foregoing shall not
apply, if 

  
 33 

 
within five (5) days or less until the Termination Date, if the failure is to obtain approvals from any governmental authority or regulatory body of the United States or any state, or of any
foreign governmental authority for which the Company and the Enterprise collectively relied on authorizations, licenses or permits in order to recognize in the aggregate gross revenues of Five Million Dollars ($5,000,000) per year or less for the
year ended December 31, 2021. 
 5.9 Third-Party Consents. The Company shall have delivered evidence that all third-party
consents, approvals, permissions, acknowledgements or notices (including those listed in Section 2.7 of the Disclosure Schedule) have been obtained or made (unless waived in writing by Purchaser). 

5.10 Board of Directors. As of the Closing, the authorized size of the Board of Directors shall be seven (7) and the Board of
Directors shall initially be comprised of six (6) Directors, i.e., Joshua K. Erskine, Shane A. Erskine, Hank Holland, R. Dustin Carfield, Larry F. Mazza, and Donald T. Robinson, as set forth in the Restated Operating Agreement. 

5.11 Contribution Agreements. The Company and the Pre-Closing Members of the Company named as
parties thereto shall have executed and delivered the Contribution Agreements as of the date hereof, which Contribution Agreements shall remain in effect until the transactions contemplated thereby are consummated immediately prior to the Closing.

 5.12 Redemption Agreements. The Company and the Sellers shall have executed and delivered the Redemption Agreements. 

5.13 Secretary’s Certificate. The Secretary of the Company shall have delivered to the Purchaser at the Closing a
certificate certifying (i) the Restated Operating Agreement (duly approved and executed) as in effect at the Closing, (ii) resolutions of the Board of Directors of the Company approving this Agreement and the Transaction Agreements and the
transactions contemplated under this Agreement and under the Transaction Agreements, and (iii) resolutions of the members of the Company approving the Restated Operating Agreement, this Agreement and the Transaction Agreements (if and as
applicable). 
 5.14 Certificate of Good Standing. A certificate of good standing (or its equivalent) for the Company and each
Enterprise, from the Secretary of State of each state where the Company and such Enterprise is domiciled. 
 5.15 Form W-9. The Company shall have delivered to Purchaser a duly completed and executed Form W-9. 

5.16 Accredited Investor. The Company shall cause each Seller to have delivered to the Purchaser evidence satisfactory to the Purchaser
that such Seller is an “accredited investor” as defined in Rule 501(a) under the Securities Act. 
  

  
 34 

 6. Conditions to the Company’s Obligations at Closing. The obligations of the
Company to sell Units to the Purchaser at the Closing are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived: 

6.1 No Injunction. On the Closing Date, there shall not be in effect any order issued by a court of competent jurisdiction restraining
or prohibiting consummation of the transactions contemplated by this Agreement and there shall not be any action taken, or any statute, rule, regulation or order enacted, entered or enforced which makes the consummation of such transactions illegal.

 6.2 Representations and Warranties. Each of the representations and warranties of the Purchaser made in this Agreement that is
qualified as to materiality shall be true and correct in all respects, but subject to materiality qualification, at and as of the Closing Date as though such representations and warranties were made or given on and as of the Closing Date, and each
of the representations and warranties of the Purchaser that is not qualified as to materiality shall be true and correct in all material respects at and as of the Closing Date as though such representations and warranties were made or given on and
as of the Closing Date, except for representations and warranties that speak as of a specific date or time (which need be true and correct only as of such date or time). 

6.3 Performance. The Purchaser shall have, in all material respects, performed and complied with all agreements, obligations, covenants
and conditions required by this Agreement to be so performed or complied with by the Purchaser at or prior to the Closing. 
 6.4
Qualifications. All authorizations, approvals or permits, if any, of any governmental authority or regulatory body of the United States or of any state that are required in connection with the lawful issuance and sale of the Units pursuant to
this Agreement shall be obtained and effective as of the Closing. 
 6.5 Compliance Certificate. An officer of the Purchaser shall
deliver to the Purchaser at such Closing a certificate certifying that the conditions specified in Sections 6.2 and 6.3 have been fulfilled. 

6.6 Secretary’s Certificate. The Secretary of the Purchaser shall have delivered to the Company at the Closing a certificate
certifying resolutions of the Board of Directors of the Purchaser approving this Agreement and the Transaction Agreements and the transactions contemplated under this Agreement and under the Transaction Agreements. 

6.7 Joinder. The Purchaser shall deliver a duly executed joinder agreement to the Restated Operating Agreement of the Company. 

6.8 Tax Certification. The Purchaser shall have delivered to the Company a duly completed and executed Form W-9 certifying to the Purchaser’s employer identification number and certifying that the Purchaser is a U.S. person. 

7. FDIC Oversight. The Company acknowledges and agrees that it will comply with reasonable requests and required audits of the FDIC.
Provided that the representations and warranties of the Company and of the Enterprises contained in Section 2 are true, accurate and complete, Purchaser represents and warrants that the activities of the Company and the Enterprises are
permissible activities for a bank. 
  

  
 35 

 8. Survival. 

8.1 All representations and warranties contained in this Agreement will survive the Closing Date for a period of twelve (12) months after
the Closing Date; provided, however, that (a) the representations and warranties set forth in Section 2.1 (Organization, Good Standing, Limited Liability Company Power and Qualification),
Section 2.2 (Authorization; Execution; Delivery; Valid and Binding), Section 2.3 (Subsidiaries); Section 2.4 (Capitalization), and Section 2.5
(Valid Issuance of Units) (collectively, the “Fundamental Representations”) will survive for a period of five (5) years after the Closing Date. 

8.2 The covenants and agreements of each party contained in this Agreement shall survive the Closing other than those which by their terms
contemplate performance after the Closing Date, and each such surviving covenant and agreement shall remain in full force and effect for the period applicable to the underlying subject matter (after giving effect to any waiver, tolling, mitigation
or extension thereof). No claim for indemnification may be made under this Article 8 after the expiration of the survival period applicable to such claim; provided, that this Article 8 shall not limit the ability of any indemnified
party to recover for (a) any claim for indemnification asserted before the end of such applicable survival period with reasonable specificity based on facts or circumstances existing prior to the expiration of such applicable survival period or
(b) any claim based upon fraud. 
 9. Indemnification. Except as expressly set forth in Section 2 and
this Section 9 of this Agreement, the Company shall not have any liability or indemnification obligations to Purchaser under this Agreement except as to Sections 2.1, 2.2, 2.4 and 2.5, as to which the Purchaser shall have
direct recourse against the Company for breach or violation and on the express understanding that the Company is entitled to rely and is relying on the truth and accuracy of the representations and warranties of the counterparties under the
Contribution Agreements and Redemption Agreements, and to the extent that Purchaser has a Claim (as defined below) with respect to any Losses arising under this Agreement, the Purchaser’s sole recourse shall be its indemnification rights from
the Sellers. 
 9.1 Subject to the conditions and limitations set forth in this Agreement (including Sections 9.2 and 9.3 below), Sellers,
severally and not jointly as allocated in Exhibit A to the Redemption Agreements, shall defend, indemnify and hold Purchaser harmless against and with respect to, any Losses resulting from or otherwise arising out of (a) any inaccuracy
in or breach of any representation or warranty made by the Company in this Agreement and/or (b) any breach or default in the performance of any covenants or agreements made by the Company in this Agreement (each, a “Claim”).
The Purchaser shall defend, indemnify and hold the Company and Sellers harmless against and with respect to, any Losses resulting from or otherwise arising out of (x) any inaccuracy in or breach of any representation or warranty made by the
Purchaser in this Agreement and/or (y) any breach or default in the performance of any covenants or agreements made by the Purchaser in this Agreement. Any timely notice of Claim shall be effective to recover Losses arising from the breach or
default identified in the notice of Claim; provided, that the notice of Claim shall describe in reasonable detail and in good faith (a) the facts and circumstances upon which the asserted Claim for Losses is made and (b) an estimated
amount, if reasonably practicable, of the Losses that has been or may be sustained by such Claim.

  
 36 

 9.2 

(a) Except as provided in Section 9.2(b), the Sellers’ maximum indemnification liability under Section 9.1
shall be limited to the Aggregate Escrowed MVB Stock Consideration as of the Closing Date; provided, however, that with respect to breaches of any Fundamental Representations, each Seller’s liability under Section 9.1
shall be limited to such portion of the Seller’s MVB Investment Consideration. Other than with respect to any indemnification Claim related to Fraud or any breach of any Fundamental Representations, Sellers shall not have any indemnification
obligations for any Claim unless such claim is greater than $15,000 (the “De Minimis Amount”) and until the aggregate amount of Losses exceeds $500,000 (the “Basket”), at which time the Purchaser shall only be
entitled to recover the amount of such Losses in excess of the Basket for claims in excess of the De Minimis Amount. 
 (b) Nothing in this
Section 9 shall limit the Company’s obligations under Section 1.1(e)(iii) relating to pushing out income tax obligations for Pre-Closing Tax Periods. 

9.3 Other than with respect to breaches of any Fundamental Representations, any Claims made under Section 9.1 will be
satisfied solely from the Aggregate Escrowed MVB Stock Consideration as of the Closing Date in the Escrow Account. On the first anniversary of Closing (the “Distribution Date”), any Aggregate Escrowed MVB Stock Consideration (or the
cash funds derived or converted therefrom) remaining in the Escrow Account shall be released and allocated to each Seller under the applicable Redemption Agreement; provided, that notwithstanding the foregoing, any outstanding Claims which are
pending on the Distribution Date shall not be released until such outstanding Claims for which such retained stock consideration or funds relate are no longer pending, at which time the remaining Aggregate Escrowed MVB Stock Consideration (or the
cash funds derived or converted therefrom) in the Escrow Account related to such outstanding Claim shall be released by the Escrow Agent to each Seller as allocated in Exhibit A to the Redemption Agreements. 

9.4 At any time after such date which is the six (6) month anniversary of the Closing Date, Seller shall be permitted to instruct the
Escrow Agent to liquidate such Seller’s portion of the Escrowed MVB Stock Consideration in exchange for cash proceeds, which cash proceeds therefrom shall remain in the Escrow Account and be eligible for investment into cash equivalent
instruments by the Escrow Agent at the direction of the Seller, until the Distribution Date. In the event such cash proceeds exceed the Closing Date value of the Escrowed MVB Stock Consideration allocable to such Seller pursuant to Exhibit A
to the Redemption Agreements, Seller shall be entitled to receive from the Escrow Account any such excess proceeds. 
 9.5 For purposes of
determining the amount of any loss arising from any inaccuracy in or breach of any representation or warranty for which an indemnified party is entitled to indemnification under this Article 9, the terms “material,” “Material Adverse
Effect,” “in all material respects” and words of similar import shall be disregarded and given no effect (except with respect to Section 2.16(a) (Absence of Certain Changes of Events)). 

  
 37 

 9.6 The Company is entitled to enforce certain indemnification obligations and to have the
benefit of certain remedies from (a) the Pre-Closing Members, under those certain Contribution Agreements and (b) the Sellers, under those certain Redemption Agreements. To give effect to the
parties’ direct enforcement rights under Section 9.3, the Company hereby expressly assign its rights and remedies under the Contribution Agreements and the Redemption Agreements, including, without limitation, (i) its rights under
Section 5 of the Contribution Agreements, (ii) its rights under Section 8 of the Redemption Agreements and (iii) with respect to the Escrowed Redemption MVB Stock Consideration (as defined in the Redemption Agreements), to
Purchaser, such that Purchaser shall have all enforcement rights on behalf of the Company (the “Assignment of Enforcement Rights”). 

9.7 To be entitled to seek recovery for any damages under this Section 9, the Purchaser must take commercially
reasonable efforts to recover or obtain payment for any damages under any and all insurance policies that apply or may apply to any Claim. The amount of damages recoverable by Purchaser pursuant to this Section 9 with
respect to any Claim shall be reduced by the amount of insurance or indemnification proceeds or other amounts actually recovered from other sources. Furthermore, the amount of any Loss shall be reduced by an amount equal to any Tax benefit realized
or reasonably expected to be realized as a result of such Loss. Any calculation of a Purchaser Loss resulting from a Company Loss shall be proportional to Purchaser’s ownership interest in the Company. 

9.8 The Purchaser and Sellers shall reasonably cooperate with each other with respect to resolving any Claim hereunder. The Purchaser shall use
all commercially reasonable efforts to mitigate damages and resolve any such Claim. In the event that Purchaser fails to make such commercially reasonable efforts to mitigate or resolve any such Claim or liability, then notwithstanding anything else
to the contrary contained in this Agreement, the Purchaser shall not be entitled to recover any damages that would reasonably be expected to have been avoided if the Purchaser had made such efforts. 

10. Termination. This Agreement may be terminated at any time prior to the Closing Date, whether before or after adoption of this
Agreement by the members of Company: 
 10.1 By mutual consent of Purchaser and Company in a written instrument signed by each of Company and
Purchaser; 
 10.2 By either Purchaser or Company if any governmental entity that must grant any material approval has denied approval of the
transactions contemplated hereby and such denial has become final and nonappealable or any governmental entity of competent jurisdiction shall have issued a final nonappealable order permanently enjoining or otherwise prohibiting or making illegal
the consummation of the transactions contemplated by this Agreement, unless the failure to obtain such requisite regulatory approval shall be due to the failure of the party seeking to terminate this Agreement to perform or observe the covenants and
agreements of such party set forth herein, further provided that, the foregoing shall not apply to the failure to obtain approvals from any governmental authority or regulatory body of the United States or any state, or of any foreign governmental
authority for which the Company and the Enterprise collectively relied on authorizations, licenses or permits in order to recognize in the aggregate gross revenues of Five Million Dollars ($5,000,000) per year or less for the year ended
December 31, 2021; 

  
 38 

 10.3 By either Purchaser or Company if the transactions contemplated hereunder shall not
have been consummated on or before December 31, 2022 (the “Termination Date”) unless the failure of the Closing to occur by such date shall be due to the failure of the party seeking to terminate this Agreement to perform or
observe the covenants and agreements of such party set forth herein; 
 10.4 By either Purchaser or Company (provided, that the terminating
party is not then in material breach of any representation, warranty, covenant or other agreement contained herein) if there shall have been a breach of any of the covenants or agreements or any of the representations or warranties (or any such
representation or warranty shall cease to be true) set forth in this Agreement on the part of Company or any Enterprise, in the case of a termination by Purchaser, or Purchaser, in the case of a termination by Company, which breach or failure to be
true, either individually or in the aggregate with all other breaches by such party (or failures of such representations or warranties to be true), would constitute, if occurring or continuing on the Closing Date, the failure of a closing condition
set forth in Section 5, in the case of a termination by Purchaser, or Section 6, in the case of a termination by Company, and which is not cured within forty-five (45) calendar days following
written notice to Company, in the case of a termination by Purchaser, or Purchaser, in the case of a termination by Company, or by its nature or timing cannot be cured during such period (or such fewer days as remain prior to the Termination Date);
or 
 10.5 The party desiring to terminate this Agreement pursuant to Section 10.2, 10.3 or 10.4 shall give written notice of such
termination to the other party specifying the provision or provisions hereof pursuant to which such termination is effected. 
 10.6
Effect of Termination. In the event of termination of this Agreement by either Purchaser or Company as provided in Section 10.1, this Agreement shall forthwith become void and have no effect, and none of Purchaser,
Company, any Enterprise or any of their respective subsidiaries or any of the officers, directors, employees, shareholders, members, managers, agents or representatives of any of them shall have any liability of any nature whatsoever hereunder, or
in connection with the transactions contemplated hereby, except that (i) this Section 10.6 and Article 11 shall survive any termination of this Agreement, and (ii) notwithstanding anything to the contrary contained in this Agreement,
neither Purchaser nor Company shall be relieved or released from any liabilities or damages arising out of its fraud or willful and material breach of any provision of this Agreement prior to such termination. 

10.7 Good Faith Efforts to Close. Except if otherwise agreed pursuant to Section 10.1, the Purchaser and the
Company shall each have an affirmative obligation to make good faith efforts to (a) satisfy their respective conditions to and covenants related to Closing under this Agreement and (b) consummate the Closing. 

  
 39 

 11. Miscellaneous. 

11.1 Successors and Assigns. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon each of the
parties and their respective heirs, successors and permitted assigns. Other than with respect the Assignment of Enforcement Rights effected pursuant to Section 9.6, this Agreement may not be assigned by either party without
the prior written consent of the other party. Additionally, and without limiting the effect of the Assignment of Enforcement Rights, the parties acknowledge and agree (a) that the Purchaser is a third-party or intended beneficiary of the
Contribution Agreements and of the Redemption Agreements and is entitled to the rights and benefits of the Company thereunder and may enforce the provisions thereof and with respect to the Escrowed Redemption MVB Stock Consideration (as defined in
the Redemption Agreements) on behalf of the Company as if it were a party thereto and (b) the Sellers are a third-party or intended beneficiary under this Agreement and the Sellers are entitled to the rights and benefits of the Company
hereunder and may enforce the provisions hereof on behalf of the Company as if it were a party hereto. 
 11.2 Governing Law. This
Agreement shall be governed by, and construed under, the laws of the State of Wyoming, and all rights and remedies shall be governed by said laws, without regard to principles of conflict of laws. 

11.3 Counterparts. This Agreement, and any amendment hereto, may be executed in two or more counterparts, each of which shall for all
purposes be deemed to be an original and all of which shall constitute the same instrument. A facsimile copy of any such signed counterpart shall be treated and shall have the same force and effect as an originally signed counterpart. 

11.4 Titles and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in
construing or interpreting this Agreement. 
 11.5 Notices. All notices and other communications given or made pursuant to this
Agreement shall be in writing and shall be deemed effectively given upon the earlier of actual receipt, or (a) personal delivery to the party to be notified, (b) when sent, if sent by electronic mail during normal business hours of the
recipient, and if not sent during normal business hours, then on the recipient’s next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1)
business day after deposit with a nationally recognized overnight courier, freight prepaid, specifying next business day delivery, with written verification of receipt. All communications shall be sent to the respective parties at their address as
set forth on the signature page, or to such e-mail address or address as subsequently modified by written notice given in accordance with this Section 11.5. If notice is given to the
Company, a copy (which copy shall not constitute notice) shall also be sent to Kris Kemp, Bass, Berry & Sims PLC, 150 Third Avenue South, Suite 2800, Nashville, TN 37201, and if notice is given to the Purchaser, a copy (which copy
shall not constitute notice) shall also be given to James J. Barresi, Esq., Squire Patton Boggs (US) LLP, 201 East Fourth Street, Suite 1900, Cincinnati, Ohio 45202. 

  
 40 

 11.6 Attorneys’ Fees. If any action at law or in equity
(including, arbitration) is necessary to enforce or interpret the terms of this Agreement or of any of the Transaction Agreements, the prevailing party shall be entitled to reasonable attorneys’ fees, costs and necessary disbursements in
addition to any other relief to which such party may be entitled. 
 11.7 Entire Agreement. This Agreement and all schedules and
exhibits hereto expresses the entire agreement between the parties with respect to the subject matter hereof and supersedes any prior agreements or understandings concerning such subject matter. The transactions contemplated by this Agreement are
part of a unitary transaction, including the transactions under the Transaction Agreements, and those interdependent agreements shall be construed in a consistent manner to give full force and effect to the intention of the parties to effect a
unitary transaction. 
 11.8 Amendment, Modification and Waiver. No amendment, modification or alteration of the terms or provisions
of this Agreement shall be binding unless the same shall be in writing and duly executed by the parties; provided, however, that any of the terms or provisions of this Agreement may be waived in writing at any time by the party that is entitled to
the benefits of such waived terms or provisions. 
 11.9 Severability. The invalidity or unenforceability of any provision hereof
shall in no way affect the validity or enforceability of any other provision. 
 11.10 Delays or Omissions. No delay or omission to
exercise any right, power or remedy accruing to any party under this Agreement, upon any breach or default of any other party under this Agreement, shall impair any such right, power or remedy of such
non-breaching or non-defaulting party nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar breach
or default thereafter occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent or approval of any kind or character on the part
of any party of any breach or default under this Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such
writing. All remedies, either under this Agreement or by law or otherwise afforded to any party, shall be cumulative and not alternative. 

11.11 Dispute Resolution. The parties (a) hereby irrevocably and unconditionally submit to the jurisdiction of the state courts of
Wyoming and to the jurisdiction of the United States District Court for the District of Wyoming for the purpose of any suit, action or other proceeding arising out of or based upon this Agreement, (b) agree not to commence any suit, action or
other proceeding arising out of or based upon this Agreement except in the state courts of Wyoming or the United States District Court for the District of Wyoming, and (c) hereby waive, and agree not to assert, by way of motion, as a
defense, or otherwise, in any such suit, action or proceeding, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that the suit, action or
proceeding is brought in an inconvenient forum, that the venue of the suit, action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court. 

  
 41 

 WAIVER OF JURY TRIAL: EACH PARTY HEREBY WAIVES ITS RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF
ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT, THE OTHER TRANSACTION AGREEMENTS, THE SECURITIES OR THE SUBJECT MATTER HEREOF OR THEREOF. THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL-ENCOMPASSING OF ANY
AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING, WITHOUT LIMITATION, CONTRACT CLAIMS, TORT CLAIMS (INCLUDING NEGLIGENCE), BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW AND
STATUTORY CLAIMS. THIS SECTION HAS BEEN FULLY DISCUSSED BY EACH OF THE PARTIES HERETO AND THESE PROVISIONS WILL NOT BE SUBJECT TO ANY EXCEPTIONS. EACH PARTY HERETO HEREBY FURTHER WARRANTS AND REPRESENTS THAT SUCH PARTY HAS REVIEWED THIS WAIVER WITH
ITS LEGAL COUNSEL, AND THAT SUCH PARTY KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. 

[Signature Page Follows] 

  
 42 

 IN WITNESS WHEREOF, the parties have executed this Equity Purchase Agreement as of the date
first written above. 
  

			
	COMPANY:
	
	WARP SPEED HOLDINGS LLC
		
	By:	 	 /s/ Josh Erskine

	Name: Josh Erskine
	Title: Chief Executive Officer
	
	Address for Notice:
	 Warp Speed Holdings LLC
 c/o Island
Vibez Management
 1064 Ponce de Leon Ave. Suite 407

	San Juan, PR 00907

 IN WITNESS WHEREOF, the parties have executed this Equity Purchase Agreement as of the date
first written above. 
  

			
	PURCHASER:
	
	MVB BANK, INC.
		
	By:	 	 /s/ Larry F. Mazza

	Name: Larry F. Mazza
	Title: Chief Executive Officer
	
	Address for Notice:
	301 Virginia Avenue
	Fairmont, West Virginia 26554EX-4.4

 Exhibit 4.4 

VOR BIOPHARMA INC., 

ISSUER 
 AND 

[TRUSTEE], 
 TRUSTEE

  
  

INDENTURE 
 DATED AS OF
[•], 20 
  
  

DEBT SECURITIES 
  

 TABLE OF CONTENTS 

 

			
	 	  	Page
		
	 ARTICLE 1 DEFINITIONS 
	  	1
		
	 Section 1.01 Definitions of Terms
	  	1
		
	 ARTICLE 2 ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF
SECURITIES
	  	4
		
	 Section 2.01 Designation and Terms of Securities
	  	4
		
	 Section 2.02 Form of Securities and Trustee’s Certificate
	  	6
		
	 Section 2.03 Denominations: Provisions for Payment
	  	6
		
	 Section 2.04 Execution and Authentications
	  	8
		
	 Section 2.05 Registration of Transfer and Exchange
	  	8
		
	 Section 2.06 Temporary Securities
	  	9
		
	 Section 2.07 Mutilated, Destroyed, Lost or Stolen Securities
	  	9
		
	 Section 2.08 Cancellation
	  	10
		
	 Section 2.09 Benefits of Indenture
	  	10
		
	 Section 2.10 Authenticating Agent
	  	10
		
	 Section 2.11 Global Securities
	  	11
		
	 Section 2.12 CUSIP Numbers
	  	11
		
	 ARTICLE 3 REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS
	  	12
		
	 Section 3.01 Redemption
	  	12
		
	 Section 3.02 Notice of Redemption
	  	12
		
	 Section 3.03 Payment Upon Redemption
	  	13
		
	 Section 3.04 Sinking Fund
	  	13
		
	 Section 3.05 Satisfaction of Sinking Fund Payments with Securities
	  	13
		
	 Section 3.06 Redemption of Securities for Sinking Fund
	  	13
		
	 ARTICLE 4 COVENANTS
	  	14
		
	 Section 4.01 Payment of Principal, Premium and Interest
	  	14
		
	 Section 4.02 Maintenance of Office or Agency
	  	14
		
	 Section 4.03 Paying Agents
	  	14
		
	 Section 4.04 Appointment to Fill Vacancy in Office of Trustee
	  	15
		
	 ARTICLE 5 SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE
	  	15
		
	 Section 5.01 Company to Furnish Trustee Names and Addresses of Securityholders
	  	15
		
	 Section 5.02 Preservation Of Information; Communications With Securityholders
	  	15
		
	 Section 5.03 Reports by the Company
	  	16
		
	 Section 5.04 Reports by the Trustee
	  	16

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

			
	 	  	Page
		
	 ARTICLE 6 REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT 
	  	16
	 Section 6.01 Events of Default
	  	16
		
	 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee
	  	18
		
	 Section 6.03 Application of Moneys Collected
	  	19
		
	 Section 6.04 Limitation on Suits
	  	19
		
	 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not Waiver
	  	20
		
	 Section 6.06 Control by Securityholders
	  	20
		
	 Section 6.07 Undertaking to Pay Costs
	  	20
		
	 ARTICLE 7 CONCERNING THE TRUSTEE
	  	21
		
	 Section 7.01 Certain Duties and Responsibilities of Trustee
	  	21
		
	 Section 7.02 Certain Rights of Trustee
	  	22
		
	 Section 7.03 Trustee Not Responsible for Recitals or Issuance or Securities
	  	23
		
	 Section 7.04 May Hold Securities
	  	24
		
	 Section 7.05 Moneys Held in Trust
	  	24
		
	 Section 7.06 Compensation and Reimbursement
	  	24
		
	 Section 7.07 Reliance on Officer’s Certificate
	  	24
		
	 Section 7.08 Disqualification; Conflicting Interests
	  	25
		
	 Section 7.09 Corporate Trustee Required; Eligibility
	  	25
		
	 Section 7.10 Resignation and Removal; Appointment of Successor
	  	25
		
	 Section 7.11 Acceptance of Appointment By Successor
	  	26
		
	 Section 7.12 Merger, Conversion, Consolidation or Succession to Business
	  	27
		
	 Section 7.13 Preferential Collection of Claims Against the Company
	  	27
		
	 Section 7.14 Notice of Default
	  	27
		
	 ARTICLE 8 CONCERNING THE SECURITYHOLDERS
	  	27
		
	 Section 8.01 Evidence of Action by Securityholders
	  	27
		
	 Section 8.02 Proof of Execution by Securityholders
	  	28
		
	 Section 8.03 Who May be Deemed Owners
	  	28
		
	 Section 8.04 Certain Securities Owned by Company Disregarded
	  	28
		
	 Section 8.05 Actions Binding on Future Securityholders
	  	28
		
	 ARTICLE 9 SUPPLEMENTAL INDENTURES
	  	29
		
	 Section 9.01 Supplemental Indentures Without the Consent of Securityholders
	  	29
		
	 Section 9.02 Supplemental Indentures With Consent of Securityholders
	  	30
		
	 Section 9.03 Effect of Supplemental Indentures
	  	30
		
	 Section 9.04 Securities Affected by Supplemental Indentures
	  	30
		
	 Section 9.05 Execution of Supplemental Indentures
	  	30

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

					
	 	  	Page	 
		
	 ARTICLE 10 SUCCESSOR ENTITY
	  	 	31	 
		
	 Section 10.01 Company May Consolidate, Etc
	  	 	31	 
		
	 Section 10.02 Successor Entity Substituted
	  	 	31	 
		
	 ARTICLE 11 SATISFACTION AND DISCHARGE
	  	 	32	 
		
	 Section 11.01 Satisfaction and Discharge of Indenture
	  	 	32	 
		
	 Section 11.02 Discharge of Obligations
	  	 	32	 
		
	 Section 11.03 Deposited Moneys to be Held in Trust
	  	 	32	 
		
	 Section 11.04 Payment of Moneys Held by Paying Agents
	  	 	32	 
		
	 Section 11.05 Repayment to Company
	  	 	33	 
		
	 ARTICLE 12 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS
	  	 	33	 
		
	 Section 12.01 No Recourse
	  	 	33	 
		
	 ARTICLE 13 MISCELLANEOUS PROVISIONS
	  	 	33	 
		
	 Section 13.01 Effect on Successors and Assigns
	  	 	33	 
		
	 Section 13.02 Actions by Successor
	  	 	33	 
		
	 Section 13.03 Surrender of Company Powers
	  	 	34	 
		
	 Section 13.04 Notices
	  	 	34	 
		
	 Section 13.05 Governing Law; Jury Trial Waiver
	  	 	34	 
		
	 Section 13.06 Treatment of Securities as Debt
	  	 	34	 
		
	 Section 13.07 Certificates and Opinions as to Conditions Precedent
	  	 	34	 
		
	 Section 13.08 Payments on Business Days
	  	 	35	 
		
	 Section 13.09 Conflict with Trust Indenture Act
	  	 	35	 
		
	 Section 13.10 Counterparts
	  	 	35	 
		
	 Section 13.11 Separability
	  	 	35	 
		
	 Section 13.12 Compliance Certificates
	  	 	35	 
		
	 Section 13.13 U.S.A Patriot Act
	  	 	35	 
		
	 Section 13.14 Force Majeure
	  	 	35	 
		
	 Section 13.15 Table of Contents; Headings
	  	 	36	 

  

  
 -iii- 

 INDENTURE 

INDENTURE, dated as of [•], 20            , among Vor Biopharma
Inc., a Delaware corporation (the “Company”), and [TRUSTEE], as trustee (the “Trustee”): 

WHEREAS, for its lawful corporate purposes, the Company has duly authorized the execution and delivery of this Indenture to provide for
the issuance of debt securities (hereinafter referred to as the “Securities”), in an unlimited aggregate principal amount to be issued from time to time in one or more series as in this Indenture provided, as registered
Securities without coupons, to be authenticated by the certificate of the Trustee; 
 WHEREAS, to provide the terms and conditions
upon which the Securities are to be authenticated, issued and delivered, the Company has duly authorized the execution of this Indenture; and 

WHEREAS, all things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

 NOW, THEREFORE, in consideration of the premises and the purchase of the Securities by the holders thereof, it is mutually
covenanted and agreed as follows for the equal and ratable benefit of the holders of Securities: 
 ARTICLE 1 

DEFINITIONS 

Section 1.01 Definitions of Terms. 

The terms defined in this Section (except as in this Indenture or any indenture supplemental hereto otherwise expressly provided or unless the
context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section and shall include the plural as well as the singular. All other terms used in this
Indenture that are defined in the Trust Indenture Act of 1939, as amended, or that are by reference in such Act defined in the Securities Act of 1933, as amended (except as herein or any indenture supplemental hereto otherwise expressly provided or
unless the context otherwise requires), shall have the meanings assigned to such terms in said Trust Indenture Act and in said Securities Act as in force at the date of the execution of this instrument. 

“Authenticating Agent” means the Trustee or an authenticating agent with respect to all or any of the series of
Securities appointed by the Trustee pursuant to Section 2.10. 
 “Bankruptcy Law” means Title 11, U.S. Code, or
any similar federal or state law for the relief of debtors. 
 “Board of Directors” means the Board of Directors (or
the functional equivalent thereof) of the Company or any duly authorized committee of such Board. 
 “Board
Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors (or duly authorized committee thereof) and to be in full force and effect
on the date of such certification. 
 “Business Day” means, with respect to any series of Securities, any day other
than a day on which federal or state banking institutions in the Borough of Manhattan, the City of New York, or in the city of the Corporate Trust Office of the Trustee, are authorized or obligated by law, executive order or regulation to close.

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

  
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 “Company” means Vor Biopharma Inc., a corporation duly organized and
existing under the laws of the State of Delaware, and, subject to the provisions of Article Ten, shall also include its successors and assigns. 

“Corporate Trust Office” means the office of the Trustee at which, at any particular time, its corporate trust
business shall be principally administered, which office at the date hereof is located                 
                 at                 
                . 
 “Custodian”
means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 
 “Defaulted
Interest” has the meaning set forth in Section 2.03. 
 “Depositary” means, with respect to
Securities of any series for which the Company shall determine that such Securities will be issued as a Global Security, The Depository Trust Company, another clearing agency, or any successor registered as a clearing agency under the Exchange Act,
or other applicable statute or regulation, which, in each case, shall be designated by the Company pursuant to either Section 2.01 or 2.11. 

“Event of Default” means, with respect to Securities of a particular series, any event specified in Section 6.01,
continued for the period of time, if any, therein designated. 
 “Exchange Act” means the United States Securities
and Exchange Act of 1934, as amended, and the rules and regulations promulgated by the Commission thereunder. 
 The term
“given”, “mailed”, “notify” or “sent” with respect to any notice to be given to a Securityholder pursuant to this Indenture, shall mean notice
(x) given to the Depositary (or its designee) pursuant to the standing instructions from the Depositary or its designee, including by electronic mail in accordance with accepted practices or procedures at the Depositary (in the case of a Global
Security) or (y) mailed to such Securityholder by first class mail, postage prepaid, at its address as it appears on the Security Register (in the case of a definitive Security). Notice so “given” shall be deemed to include any notice
to be “mailed” or “delivered,” as applicable, under this Indenture. 
 “Global Security” means a
Security issued to evidence all or a part of any series of Securities which is executed by the Company and authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with the
Indenture, which shall be registered in the name of the Depositary or its nominee. 
 “Governmental Obligations”
means securities that are (a) direct obligations of the United States of America for the payment of which its full faith and credit is pledged or (b) obligations of a Person controlled or supervised by and acting as an agency or
instrumentality of the United States of America, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America that, in either case, are not callable or redeemable at the option of the
issuer thereof at any time prior to the stated maturity of the Securities, and shall also include a depositary receipt issued by a bank or trust company as custodian with respect to any such Governmental Obligation or a specific payment of principal
of or interest on any such Governmental Obligation held by such custodian for the account of the holder of such depositary receipt; provided, however, 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 Governmental Obligation or the specific payment of principal of or interest on the Governmental Obligation evidenced by such
depositary receipt. 
 “herein”, “hereof” and “hereunder”,
and other words of similar import, refer to this Indenture as a whole and not to any particular Article, Section or other subdivision. 

“Indenture” means this instrument as originally executed or as it may from time to time be supplemented or amended by
one or more indentures supplemental hereto entered into in accordance with the terms hereof and shall include the terms of particular series of Securities established as contemplated by Section 2.01. 

  
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 “Interest Payment Date”, when used with respect to any installment
of interest on a Security of a particular series, means the date specified in such Security or in a Board Resolution or in an indenture supplemental hereto with respect to such series as the fixed date on which an installment of interest with
respect to Securities of that series is due and payable. 
 “Officer” means, with respect to the Company, the
chairman of the Board of Directors, a chief executive officer, a president, a chief financial officer, a chief operating officer, any executive vice president, any senior vice president, any vice president, the treasurer or any assistant treasurer,
the controller or any assistant controller or the secretary or any assistant secretary. 
 “Officer’s
Certificate” means a certificate signed by any Officer. Each such certificate shall include the statements provided for in Section 13.07, if and to the extent required by the provisions thereof. 

“Opinion of Counsel” means an opinion in writing subject to customary exceptions of legal counsel, who may be an
employee of or counsel for the Company, that is delivered to the Trustee in accordance with the terms hereof. Each such opinion shall include the statements provided for in Section 13.07, if and to the extent required by the provisions thereof.

 “Outstanding”, when used with reference to Securities of any series, means, subject to the provisions of
Section 8.04, as of any particular time, all Securities of that series theretofore authenticated and delivered by the Trustee under this Indenture, except (a) Securities theretofore canceled by the Trustee or any paying agent, or delivered
to the Trustee or any paying agent for cancellation or that have previously been canceled; (b) Securities or portions thereof for the payment or redemption of which moneys or Governmental Obligations in the necessary amount shall have been
deposited in trust with the Trustee or with any paying agent (other than the Company) or shall have been set aside and segregated in trust by the Company (if the Company shall act as its own paying agent); provided, however, that if such Securities
or portions of such Securities are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as provided in Article Three, or provision satisfactory to the Trustee shall have been made for giving such notice; and
(c) Securities in lieu of or in substitution for which other Securities shall have been authenticated and delivered pursuant to the terms of Section 2.07. 

“Person” means any individual, corporation, partnership, joint venture, joint-stock company, limited liability
company, association, trust, unincorporated organization, any other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 

“Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the
same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 2.07 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same
debt as the lost, destroyed or stolen Security. 
 “Responsible Officer” when used with respect to the Trustee means
any officer within the Corporate Trust Office of the Trustee (or any successor group of the Trustee) or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also
means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his or her knowledge of and familiarity with the particular subject and in each case who shall have direct responsibility for
the administration of this Indenture. 
 “Securities” has the meaning stated in the first recital of this Indenture
and more particularly means any Securities authenticated and delivered under this Indenture. 
 “Securities Act”
means the Securities Act of 1933, as amended. 
 “Securityholder”, “holder of Securities”,
“registered holder”, or other similar term, means the Person or Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture.

  
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 “Security Register” and “Security Registrar”
shall have the meanings as set forth in Section 2.05. 
 “Subsidiary” means, with respect to any Person, 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, general partners or trustees thereof is at the time owned or controlled, directly or indirectly, by (i) such Person; (ii) such Person and one or more Subsidiaries of such Person;
or (iii) one or more Subsidiaries of such Person. 
 “Trustee” means
                    , and, subject to the provisions of Article Seven, shall also include its successors and assigns, and, if at any time there is
more than one Person acting in such capacity hereunder, “Trustee” shall mean each such Person. The term “Trustee” as used with respect to a particular series of the Securities shall mean the trustee with respect to that series.

 “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended. 

“U.S.A. Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept
and Obstruct Terrorism Act of 2001, Pub. L. 107-56, as amended and signed into law October 26, 2001. 

ARTICLE 2 
 ISSUE,
DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF SECURITIES 
 Section 2.01 Designation and Terms of Securities.

 (a) The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The
Securities may be issued in one or more series up to the aggregate principal amount of Securities of that series from time to time authorized by or pursuant to a Board Resolution or pursuant to one or more indentures supplemental hereto. Prior to
the initial issuance of Securities of any series, there shall be established in or pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established in one or more indentures supplemental hereto: 

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

(2) any limit upon the aggregate principal amount of the Securities of that series that may be authenticated and delivered under this
Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of that series); 

(3) the maturity date or dates on which the principal of the Securities of the series is payable; 

(4) the form of the Securities of the series including the form of the certificate of authentication for such series; 

(5) the applicability of any guarantees; 

(6) whether or not the Securities will be secured or unsecured, and the terms of any secured debt; 

(7) whether the Securities rank as senior debt, senior subordinated debt, subordinated debt or any combination thereof, and the terms
of any subordination; 

  
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 (8) if the price (expressed as a percentage of the aggregate principal amount
thereof) at which such Securities will be issued is a price other than the principal amount thereof, the portion of the principal amount thereof payable upon declaration of acceleration of the maturity thereof, or if applicable, the portion of the
principal amount of such Securities that is convertible into another security or the method by which any such portion shall be determined; 

(9) the interest rate or rates, which may be fixed or variable, or the method for determining the rate and the date interest will begin
to accrue, the dates interest will be payable and the regular record dates for interest payment dates or the method for determining such dates; 

(10) the Company’s right, if any, to defer the payment of interest and the maximum length of any such deferral period; 

(11) if applicable, the date or dates after which, or the period or periods during which, and the price or prices at which, the Company
may at its option, redeem the series of Securities pursuant to any optional or provisional redemption provisions and the terms of those redemption provisions; 

(12) the date or dates, if any, on which, and the price or prices at which the Company is obligated, pursuant to any mandatory sinking
fund or analogous fund provisions or otherwise, to redeem, or at the Securityholder’s option to purchase, the series of Securities and the currency or currency unit in which the Securities are payable; 

(13) the denominations in which the Securities of the series shall be issuable, if other than denominations of one thousand U.S.
dollars ($1,000) or any integral multiple thereof; 
 (14) any and all terms, if applicable, relating to any auction or remarketing
of the Securities of that series and any security for the obligations of the Company with respect to such Securities and any other terms which may be advisable in connection with the marketing of Securities of that series; 

(15) whether the Securities of the series shall be issued in whole or in part in the form of a Global Security or Securities; the terms
and conditions, if any, upon which such Global Security or Securities may be exchanged in whole or in part for other individual Securities; and the Depositary for such Global Security or Securities; 

(16) if applicable, the provisions relating to conversion or exchange of any Securities of the series and the terms and conditions upon
which such Securities will be so convertible or exchangeable, including the conversion or exchange price, as applicable, or how it will be calculated and may be adjusted, any mandatory or optional (at the Company’s option or the holders’
option) conversion or exchange features, the applicable conversion or exchange period and the manner of settlement for any conversion or exchange, which may, without limitation, include the payment of cash as well as the delivery of securities; 

(17) if other than the full principal amount thereof, the portion of the principal amount of Securities of the series which shall be
payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.01; 
 (18) additions to or changes in
the covenants applicable to the series of Securities being issued, including, among others, the consolidation, merger or sale covenant; 

(19) additions to or changes in the Events of Default with respect to the Securities and any change in the right of the Trustee or the
Securityholders to declare the principal, premium, if any, and interest, if any, with respect to such Securities to be due and payable; 

(20) additions to or changes in or deletions of the provisions relating to covenant defeasance and legal defeasance; 

  
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 (21) additions to or changes in the provisions relating to satisfaction and
discharge of this Indenture; 
 (22) additions to or changes in the provisions relating to the modification of this Indenture both
with and without the consent of Securityholders of Securities issued under this Indenture; 
 (23) the currency of payment of
Securities if other than U.S. dollars and the manner of determining the equivalent amount in U.S. dollars; 
 (24) whether interest
will be payable in cash or additional Securities at the Company’s or the Securityholders’ option and the terms and conditions upon which the election may be made; 

(25) the terms and conditions, if any, upon which the Company shall pay amounts in addition to the stated interest, premium, if any and
principal amounts of the Securities of the series to any Securityholder that is not a “United States person” for federal tax purposes; 

(26) any restrictions on transfer, sale or assignment of the Securities of the series; and 

(27) any other specific terms, preferences, rights or limitations of, or restrictions on, the Securities, any other additions or
changes in the provisions of this Indenture, and any terms that may be required by us or advisable under applicable laws or regulations. 

All Securities of any one series shall be substantially identical except as may otherwise be provided in or pursuant to any such Board
Resolution or in any indentures supplemental hereto. 
 If any of the terms of the series are established by action taken pursuant to a
Board Resolution of the Company, a copy of an appropriate record of such action shall be certified by the secretary or an assistant secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate
of the Company setting forth the terms of the series. 
 Securities of any particular series may be issued at various times, with different
dates on which the principal or any installment of principal is payable, with different rates of interest, if any, or different methods by which rates of interest may be determined, with different dates on which such interest may be payable and with
different redemption dates. 
 Section 2.02 Form of Securities and Trustee’s Certificate. 

The Securities of any series and the Trustee’s certificate of authentication to be borne by such Securities shall be substantially of the
tenor and purport as set forth in one or more indentures supplemental hereto or as provided in a Board Resolution, and set forth in an Officer’s Certificate, and they may have such letters, numbers or other marks of identification or
designation and such legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, or as may be required to comply with any law or with any
rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which Securities of that series may be listed, or to conform to usage. 

Section 2.03 Denominations: Provisions for Payment. 

The Securities shall be issuable as registered Securities and in the denominations of one thousand U.S. dollars ($1,000) or any integral
multiple thereof, subject to Section 2.01(a)(13). The Securities of a particular series shall bear interest payable on the dates and at the rate specified with respect to that series. Subject to Section 2.01(a)(23), the principal of and
the interest on the Securities of any series, as well as any premium thereon in case of redemption or repurchase thereof prior to maturity, and any cash amount due upon conversion or exchange thereof, shall be payable in the coin or currency of the
United States of America that at the time is legal tender for public and private debt, at the office or agency of the Company maintained for that purpose. Each Security shall be dated the date of its authentication. Interest on the Securities shall
be computed on the basis of a 360-day year composed of twelve 30-day months. 

  
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 The interest installment on any Security that is payable, and is punctually paid or duly
provided for, on any Interest Payment Date for Securities of that series shall be paid to the Person in whose name said Security (or one or more Predecessor Securities) is registered at the close of business on the regular record date for such
interest installment. In the event that any Security of a particular series or portion thereof is called for redemption and the redemption date is subsequent to a regular record date with respect to any Interest Payment Date and prior to such
Interest Payment Date, interest on such Security will be paid upon presentation and surrender of such Security as provided in Section 3.03. 

Any interest on any Security that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date for Securities of
the same series (herein called “Defaulted Interest”) shall forthwith cease to be payable to the registered holder on the relevant regular record date by virtue of having been such holder; and such Defaulted Interest shall be
paid by the Company, at its election, as provided in clause (1) or clause (2) below: 
 (1) The Company may make payment of
any Defaulted Interest on Securities to the Persons in whose names such Securities (or their respective Predecessor Securities) are registered in the Security Register at the close of business on a special record date for the payment of such
Defaulted Interest, which shall be fixed in the following manner: the Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each such Security and the date of the proposed payment, and at the same
time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of
the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a special record date for the payment of such
Defaulted Interest which shall not be more than 15 nor less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify
the Company of such special record date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the special record date therefor to be sent, to each Securityholder not less than
10 days prior to such special record date. Notice of the proposed payment of such Defaulted Interest and the special record date therefor having been sent as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such
Securities (or their respective Predecessor Securities) are registered in the Security Register on such special record date. 
 (2)
The Company may make payment of any Defaulted Interest on any Securities in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by
such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 

Unless otherwise set forth in a Board Resolution or one or more indentures supplemental hereto establishing the terms of any series of
Securities pursuant to Section 2.01 hereof, the term “regular record date” as used in this Section with respect to a series of Securities and any Interest Payment Date for such series shall mean either the fifteenth day of the month
immediately preceding the month in which an Interest Payment Date established for such series pursuant to Section 2.01 hereof shall occur, if such Interest Payment Date is the first day of a month, or the first day of the month in which an
Interest Payment Date established for such series pursuant to Section 2.01 hereof shall occur, if such Interest Payment Date is the fifteenth day of a month, whether or not such date is a Business Day. 

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

  
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 Section 2.04 Execution and Authentications. 

The Securities shall be signed on behalf of the Company by one of its Officers. Signatures may be in the form of a manual or facsimile
signature. 
 The Company may use the facsimile signature of any Person who shall have been an Officer (at the time of execution),
notwithstanding the fact that at the time the Securities shall be authenticated and delivered or disposed of such Person shall have ceased to be such an officer of the Company. The Securities may contain such notations, legends or endorsements
required by law, stock exchange rule or usage. Each Security shall be dated the date of its authentication by the Trustee. 
 A Security
shall not be valid until authenticated manually by an authorized signatory of the Trustee, or by an Authenticating Agent. Such signature shall be conclusive evidence that the Security so authenticated has been duly authenticated and delivered
hereunder and that the holder is entitled to the benefits of this Indenture. At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company to the
Trustee for authentication, together with a written order of the Company for the authentication and delivery of such Securities, signed by an Officer, and the Trustee in accordance with such written order shall authenticate and deliver such
Securities. 
 Upon the Company’s delivery of any such authentication order to the Trustee at any time after the initial issuance of
Securities under this Indenture, the Trustee shall be provided with, and (subject to Sections 315(a) through 315(d) of the Trust Indenture Act) shall be fully protected in relying upon, (1) an Opinion of Counsel or reliance letter and
(2) an Officer’s Certificate stating that all conditions precedent to the execution, authentication and delivery of such Securities are in conformity with the provisions of this Indenture. 

The Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will affect the
Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner that is not reasonably acceptable to the Trustee. 

Section 2.05 Registration of Transfer and Exchange. 

(a) Securities of any series may be exchanged upon presentation thereof at the office or agency of the Company designated for such
purpose, for other Securities of such series of authorized denominations, and for a like aggregate principal amount, upon payment of a sum sufficient to cover any tax or other governmental charge in relation thereto, all as provided in this Section.
In respect of any Securities so surrendered for exchange, the Company shall execute, the Trustee shall authenticate and such office or agency shall deliver in exchange therefor the Security or Securities of the same series that the Securityholder
making the exchange shall be entitled to receive, bearing numbers not contemporaneously outstanding. 
 (b) The Company shall keep, or
cause to be kept, at its office or agency designated for such purpose a register or registers (herein referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company
shall register the Securities and the transfers of Securities as in this Article provided and which at all reasonable times shall be open for inspection by the Trustee. The registrar for the purpose of registering Securities and transfer of
Securities as herein provided shall be appointed as authorized by Board Resolution or Supplemental Indenture (the “Security Registrar”). 

Upon surrender for transfer of any Security at the office or agency of the Company designated for such purpose, the Company shall execute, the
Trustee shall authenticate and such office or agency shall deliver in the name of the transferee or transferees a new Security or Securities of the same series as the Security presented for a like aggregate principal amount. 

The Company initially appoints the Trustee as Security Registrar for each series of Securities. 

All Securities presented or surrendered for exchange or registration of transfer, as provided in this Section, shall be accompanied (if so
required by the Company or the Security Registrar) by a written instrument or instruments of transfer, in form satisfactory to the Company or the Security Registrar, duly executed by the registered holder or by such holder’s duly authorized
attorney in writing. 

  
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 (c) Except as provided pursuant to Section 2.01 pursuant to a Board Resolution,
and set forth in an Officer’s Certificate, or established in one or more indentures supplemental to this Indenture, no service charge shall be made for any exchange or registration of transfer of Securities, or issue of new Securities in case
of partial redemption of any series or repurchase, conversion or exchange of less than the entire principal amount of a Security, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge in relation
thereto, other than exchanges pursuant to Section 2.06, Section 3.03(b) and Section 9.04 not involving any transfer. 

(d) The Company and the Security Registrar shall not be required (i) to issue, exchange or register the transfer of any Securities
during a period beginning at the opening of business 15 days before the day of the sending of a notice of redemption of less than all the Outstanding Securities of the same series and ending at the close of business on the day of such sending, nor
(ii) to register the transfer of or exchange any Securities of any series or portions thereof called for redemption or surrendered for repurchase, but not validly withdrawn, other than the unredeemed portion of any such Securities being
redeemed in part or not surrendered for repurchase, as the case may be. The provisions of this Section 2.05 are, with respect to any Global Security, subject to Section 2.11 hereof. 

The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under
this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between or among Depositary participants or beneficial owners of interests in any Global Security) other than to require
delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with
the express requirements hereof. 
 Section 2.06 Temporary Securities. 

Pending the preparation of definitive Securities of any series, the Company may execute, and the Trustee shall authenticate and deliver,
temporary Securities (printed, lithographed or typewritten) of any authorized denomination. Such temporary Securities shall be substantially in the form of the definitive Securities in lieu of which they are issued, but with such omissions,
insertions and variations as may be appropriate for temporary Securities, all as may be determined by the Company. Every temporary Security of any series shall be executed by the Company and be authenticated by the Trustee upon the same conditions
and in substantially the same manner, and with like effect, as the definitive Securities of such series. Without unnecessary delay the Company will execute and will furnish definitive Securities of such series and thereupon any or all temporary
Securities of such series may be surrendered in exchange therefor (without charge to the Securityholders), at the office or agency of the Company designated for the purpose, and the Trustee shall authenticate and such office or agency shall deliver
in exchange for such temporary Securities an equal aggregate principal amount of definitive Securities of such series, unless the Company advises the Trustee to the effect that definitive Securities need not be executed and furnished until further
notice from the Company. Until so exchanged, the temporary Securities of such series shall be entitled to the same benefits under this Indenture as definitive Securities of such series authenticated and delivered hereunder. 

Section 2.07 Mutilated, Destroyed, Lost or Stolen Securities. 

In case any temporary or definitive Security shall become mutilated or be destroyed, lost or stolen, the Company (subject to the next
succeeding sentence) shall execute, and upon the Company’s request the Trustee (subject as aforesaid) shall authenticate and deliver, a new Security of the same series, bearing a number not contemporaneously outstanding, in exchange and
substitution for the mutilated Security, or in lieu of and in substitution for the Security so destroyed, lost or stolen. In every case the applicant for a substituted Security shall furnish to the Company and the Trustee such security or indemnity
as may be required by them to save each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company and the Trustee evidence to their satisfaction of the destruction, loss or theft of the
applicant’s Security and of the ownership thereof. The Trustee may authenticate any such substituted Security and deliver the same upon the written request or authorization of any officer of the Company. Upon the issuance of any substituted
Security, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

  
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 In case any Security that has matured or is about to mature shall become mutilated or be
destroyed, lost or stolen, the Company may, instead of issuing a substitute Security, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Security) if the applicant for such payment shall furnish to
the Company and the Trustee such security or indemnity as they may require to save them harmless, and, in case of destruction, loss or theft, evidence to the satisfaction of the Company and the Trustee of the destruction, loss or theft of such
Security and of the ownership thereof. 
 Every replacement Security issued pursuant to the provisions of this Section shall constitute an
additional contractual obligation of the Company whether or not the mutilated, destroyed, lost or stolen Security shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and
proportionately with any and all other Securities of the same series duly issued hereunder. All Securities shall be held and owned upon the express condition that the foregoing provisions are exclusive with respect to the replacement or payment of
mutilated, destroyed, lost or stolen Securities, and shall preclude (to the extent lawful) any and all other rights or remedies, notwithstanding any law or statute existing or hereafter enacted to the contrary with respect to the replacement or
payment of negotiable instruments or other securities without their surrender. 
 Section 2.08 Cancellation. 

All Securities surrendered for the purpose of payment, redemption, repurchase, exchange, registration of transfer or conversion shall, if
surrendered to the Company or any paying agent (or any other applicable agent), be delivered to the Trustee for cancellation, or, if surrendered to the Trustee, shall be cancelled by it, and no Securities shall be issued in lieu thereof except as
expressly required or permitted by any of the provisions of this Indenture. On request of the Company at the time of such surrender, the Trustee shall deliver to the Company canceled Securities held by the Trustee. In the absence of such request the
Trustee may dispose of canceled Securities in accordance with its standard procedures and deliver a certificate of disposition to the Company. If the Company shall otherwise acquire any of the Securities, however, such acquisition shall not operate
as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation. 

Section 2.09 Benefits of Indenture. 

Nothing in this Indenture or in the Securities, express or implied, shall give or be construed to give to any Person, other than the parties
hereto and the holders of the Securities any legal or equitable right, remedy or claim under or in respect of this Indenture, or under any covenant, condition or provision herein contained; all such covenants, conditions and provisions being for the
sole benefit of the parties hereto and of the holders of the Securities. 
 Section 2.10 Authenticating Agent. 

So long as any of the Securities of any series remain Outstanding there may be an Authenticating Agent for any or all such series of Securities
which the Trustee shall have the right to appoint. Said Authenticating Agent shall be authorized to act on behalf of the Trustee to authenticate Securities of such series issued upon exchange, transfer or partial redemption, repurchase or conversion
thereof, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. All references in this Indenture to the authentication of
Securities by the Trustee shall be deemed to include authentication by an Authenticating Agent for such series. Each Authenticating Agent shall be acceptable to the Company and shall be a corporation that has a combined capital and surplus, as most
recently reported or determined by it, sufficient under the laws of any jurisdiction under which it is organized or in which it is doing business to conduct a trust business, and that is otherwise authorized under such laws to conduct such business
and is subject to supervision or examination by federal or state authorities. If at any time any Authenticating Agent shall cease to be eligible in accordance with these provisions, it shall resign immediately. 

  
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 Any Authenticating Agent may at any time resign by giving written notice of resignation to
the Trustee and to the Company. The Trustee may at any time (and upon request by the Company shall) terminate the agency of any Authenticating Agent by giving written notice of termination to such Authenticating Agent and to the Company. Upon
resignation, termination or cessation of eligibility of any Authenticating Agent, the Trustee may appoint an eligible successor Authenticating Agent acceptable to the Company. Any successor Authenticating Agent, upon acceptance of its appointment
hereunder, shall become vested with all the rights, powers and duties of its predecessor hereunder as if originally named as an Authenticating Agent pursuant hereto. 

Section 2.11 Global Securities. 

(a) If the Company shall establish pursuant to Section 2.01 that the Securities of a particular series are to be issued as a Global
Security, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, a Global Security that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal
amount of, all of the Outstanding Securities of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction
(or if the Depositary names the Trustee as its custodian, retained by the Trustee), and (iv) shall bear a legend substantially to the following effect: “Except as otherwise provided in Section 2.11 of the Indenture, this Security may
be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary.” 

(b) Notwithstanding the provisions of Section 2.05, the Global Security of a series may be transferred, in whole but not in part
and in the manner provided in Section 2.05, only to another nominee of the Depositary for such series, or to a successor Depositary for such series selected or approved by the Company or to a nominee of such successor Depositary. 

(c) If at any time the Depositary for a series of the Securities notifies the Company that it is unwilling or unable to continue as
Depositary for such series or if at any time the Depositary for such series shall no longer be registered or in good standing under the Exchange Act, or other applicable statute or regulation, and a successor Depositary for such series is not
appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, or if an Event of Default has occurred and is continuing and the Company has received a request from the
Depositary or from the Trustee, this Section 2.11 shall no longer be applicable to the Securities of such series and the Company will execute, and subject to Section 2.04, the Trustee will authenticate and deliver the Securities of such
series in definitive registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series in exchange for such Global Security. In addition, the
Company may at any time determine that the Securities of any series shall no longer be represented by a Global Security and that the provisions of this Section 2.11 shall no longer apply to the Securities of such series. In such event the
Company will execute and, subject to Section 2.04, the Trustee, upon receipt of an Officer’s Certificate evidencing such determination by the Company, will authenticate and deliver the Securities of such series in definitive registered
form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series in exchange for such Global Security. Upon the exchange of the Global Security for such
Securities in definitive registered form without coupons, in authorized denominations, the Global Security shall be canceled by the Trustee. Such Securities in definitive registered form issued in exchange for the Global Security pursuant to this
Section 2.11(c) shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. The Trustee shall deliver such
Securities to the Depositary for delivery to the Persons in whose names such Securities are so registered. 
 Section 2.12 CUSIP
Numbers. 
 The Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee
shall use “CUSIP” numbers in notices of redemption as a convenience to Securityholders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as
contained in any notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company
will promptly notify the Trustee of any change in the “CUSIP” numbers. 

  
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 ARTICLE 3 

REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS 

Section 3.01 Redemption. 

The Company may redeem the Securities of any series issued hereunder on and after the dates and in accordance with the terms established for
such series pursuant to Section 2.01 hereof. 
 Section 3.02 Notice of Redemption. 

(a) In case the Company shall desire to exercise such right to redeem all or, as the case may be, a portion of the Securities of any
series in accordance with any right the Company reserved for itself to do so pursuant to Section 2.01 hereof, the Company shall, or shall cause the Trustee to, give notice of such redemption to holders of the Securities of such series to be
redeemed by mailing (or with regard to any Global Security held in book entry form, by electronic mail in accordance with the applicable procedures of the Depositary), a notice of such redemption not less than 30 days and not more than 90 days
before the date fixed for redemption of that series to such Securityholders, unless a shorter period is specified in the Securities to be redeemed. Any notice that is mailed in the manner herein provided shall be conclusively presumed to have been
duly given, whether or not the registered holder receives the notice. In any case, failure duly to give such notice to the holder of any Security of any series designated for redemption in whole or in part, or any defect in the notice, shall not
affect the validity of the proceedings for the redemption of any other Securities of such series or any other series. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of
such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer’s Certificate evidencing compliance with any such restriction. 

Each such notice of redemption shall identify the Securities to be redeemed (including CUSIP numbers, if any), specify the date fixed for
redemption and the redemption price at which Securities of that series are to be redeemed, and shall state that payment of the redemption price of such Securities to be redeemed will be made at the office or agency of the Company, upon presentation
and surrender of such Securities, that interest accrued to the date fixed for redemption will be paid as specified in said notice, that from and after said date interest will cease to accrue and that the redemption is from a sinking fund, if such is
the case. If less than all the Securities of a series are to be redeemed, the notice to the holders of Securities of that series to be redeemed in part shall specify the particular Securities to be so redeemed. 

In case any Security is to be redeemed in part only, the notice that relates to such Security shall state the portion of the principal amount
thereof to be redeemed, and shall state that on and after the redemption date, upon surrender of such Security, a new Security or Securities of such series in principal amount equal to the unredeemed portion thereof will be issued. 

(b) If less than all the Securities of a series are to be redeemed, the Company shall give the Trustee at least 45 days’ notice
(unless a shorter notice shall be satisfactory to the Trustee) in advance of the date fixed for redemption as to the aggregate principal amount of Securities of the series to be redeemed, and thereupon the Securities to be redeemed shall be
selected, by lot, on a pro rata basis, or in such other manner as the Company shall deem appropriate and fair in its discretion and that may provide for the selection of a portion or portions (equal to one thousand U.S. dollars ($1,000) or any
integral multiple thereof) of the principal amount of such Securities of a denomination larger than $1,000, the Securities to be redeemed and shall thereafter promptly notify the Company in writing of the numbers of the Securities to be redeemed, in
whole or in part. The Company may, if and whenever it shall so elect, by delivery of instructions signed on its behalf by an Officer, instruct the Trustee or any paying agent to call all or any part of the Securities of a particular series for
redemption and to give notice of redemption in the manner set forth in this Section, such notice to be in the name of the Company or its own name as the Trustee or such paying agent may deem advisable. In any case in which notice of redemption is to
be given by the Trustee or any such paying agent, the Company shall deliver or cause to be delivered to, or permit to remain with, the Trustee or such paying agent, as the case may be, such Security Register, transfer books or other records, or
suitable copies or extracts therefrom, sufficient to enable the Trustee or such paying agent to give any notice by mail that may be required under the provisions of this Section. 

  
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 Section 3.03 Payment Upon Redemption. 

(a) If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the
series to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to, but excluding, the date fixed for redemption and
interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Security
or portion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, said Securities shall be paid and redeemed at the applicable redemption price for such
series, together with interest accrued thereon to, but excluding, the date fixed for redemption (but if the date fixed for redemption is an Interest Payment Date, the interest installment payable on such date shall be payable to the registered
holder at the close of business on the applicable record date pursuant to Section 2.03). 
 (b) Upon presentation of any Security
of such series that is to be redeemed in part only, the Company shall execute and the Trustee shall authenticate and the office or agency where the Security is presented shall deliver to the Securityholder thereof, at the expense of the Company, a
new Security of the same series of authorized denominations in principal amount equal to the unredeemed portion of the Security so presented. 

Section 3.04 Sinking Fund. 

The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as
otherwise specified as contemplated by Section 2.01 for Securities of such series. 
 The minimum amount of any sinking fund payment
provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to
as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be
applied to the redemption of Securities of any series as provided for by the terms of Securities of such series. 
 Section 3.05
Satisfaction of Sinking Fund Payments with Securities. 
 The Company (i) may deliver Outstanding Securities of a series and
(ii) may apply as a credit Securities of a series that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the
terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such
series, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Securities for redemption through operation of the
sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 
 Section 3.06 Redemption of Securities for
Sinking Fund. 
 Not less than 45 days prior to each sinking fund payment date for any series of Securities (unless a shorter period
shall be satisfactory to the Trustee), the Company will deliver to the Trustee an Officer’s Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of the series, the portion thereof, if
any, that is to be satisfied by delivering and crediting Securities of that series pursuant to Section 3.05 and the basis for such credit and will, together with such Officer’s Certificate, deliver to the Trustee any Securities to be so
delivered. Not less than 30 days before each such sinking fund payment date the Securities to be redeemed upon such sinking fund payment date shall be selected in the manner specified in Section 3.02 and the Company shall cause notice of the
redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 3.02. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated
in Section 3.03. 

  
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 ARTICLE 4 

COVENANTS 

Section 4.01 Payment of Principal, Premium and Interest. 

The Company will duly and punctually pay or cause to be paid the principal of (and premium, if any) and interest on the Securities of that
series at the time and place and in the manner provided herein and established with respect to such Securities. Payments of principal on the Securities may be made at the time provided herein and established with respect to such Securities by U.S.
dollar check drawn on and mailed to the address of the Securityholder entitled thereto as such address shall appear in the Security Register, or U.S. dollar wire transfer to, a U.S. dollar account if such Securityholder shall have furnished wire
instructions to the Trustee no later than 15 days prior to the relevant payment date. Payments of interest on the Securities may be made at the time provided herein and established with respect to such Securities by U.S. dollar check mailed to the
address of the Securityholder entitled thereto as such address shall appear in the Security Register, or U.S. dollar wire transfer to, a U.S. dollar account if such Securityholder shall have furnished wire instructions in writing to the Security
Registrar and the Trustee no later than 15 days prior to the relevant payment date. 
 Section 4.02 Maintenance of Office or Agency.

 So long as any series of the Securities remain Outstanding, the Company agrees to maintain an office or agency with respect to each
such series and at such other location or locations as may be designated as provided in this Section 4.02, where (i) Securities of that series may be presented for payment, (ii) Securities of that series may be presented as herein
above authorized for registration of transfer and exchange, and (iii) notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be given or served, such designation to continue with respect to
such office or agency until the Company shall, by written notice signed by any officer authorized to sign an Officer’s Certificate and delivered to the Trustee, designate some other office or agency for such purposes or any of them. If at any
time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and
the Company hereby appoints the Trustee as its agent to receive all such presentations, notices and demands. The Company initially appoints the Corporate Trust Office of the Trustee as its paying agent with respect to the Securities. 

Section 4.03 Paying Agents. 

(a) If the Company shall appoint one or more paying agents for all or any series of the Securities, other than the Trustee, the Company
will cause each such paying agent to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section: 

(1) that it will hold all sums held by it as such agent for the payment of the principal of (and premium, if any) or interest on the
Securities of that series (whether such sums have been paid to it by the Company or by any other obligor of such Securities) in trust for the benefit of the Persons entitled thereto; 

(2) that it will give the Trustee notice of any failure by the Company (or by any other obligor of such Securities) to make any payment
of the principal of (and premium, if any) or interest on the Securities of that series when the same shall be due and payable; 
 (3)
that it will, at any time during the continuance of any failure referred to in the preceding paragraph (a)(2) above, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such paying agent; and 

(4) that it will perform all other duties of paying agent as set forth in this Indenture. 

  
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 (b) If the Company shall act as its own paying agent with respect to any series of
the Securities, it will on or before each due date of the principal of (and premium, if any) or interest on Securities of that series, set aside, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay
such principal (and premium, if any) or interest so becoming due on Securities of that series until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of such action, or any
failure (by it or any other obligor on such Securities) to take such action. Whenever the Company shall have one or more paying agents for any series of Securities, it will, prior to each due date of the principal of (and premium, if any) or
interest on any Securities of that series, deposit with the paying agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal,
premium or interest, and (unless such paying agent is the Trustee) the Company will promptly notify the Trustee of this action or failure so to act. 

(c) Notwithstanding anything in this Section to the contrary, (i) the agreement to hold sums in trust as provided in this Section
is subject to the provisions of Section 11.05, and (ii) the Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or direct any paying agent to pay, to the
Trustee all sums held in trust by the Company or such paying agent, such sums to be held by the Trustee upon the same terms and conditions as those upon which such sums were held by the Company or such paying agent; and, upon such payment by the
Company or any paying agent to the Trustee, the Company or such paying agent shall be released from all further liability with respect to such money. 

Section 4.04 Appointment to Fill Vacancy in Office of Trustee. 

The Company, whenever necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 7.10,
a Trustee, so that there shall at all times be a Trustee hereunder. 
 ARTICLE 5 

SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE 

Section 5.01 Company to Furnish Trustee Names and Addresses of Securityholders. 

The Company will furnish or cause to be furnished to the Trustee (a) within 15 days after each regular record date (as defined in
Section 2.03) a list, in such form as the Trustee may reasonably require, of the names and addresses of the holders of each series of Securities as of such regular record date, provided that the Company shall not be obligated to furnish or
cause to furnish such list at any time that the list shall not differ in any respect from the most recent list furnished to the Trustee by the Company and (b) at such other times as the Trustee may request in writing within 30 days after the
receipt by the Company of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; provided, however, that, in either case, no such list need be furnished for any series for
which the Trustee shall be the Security Registrar. 
 Section 5.02 Preservation Of Information; Communications With Securityholders.

 (a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and
addresses of the holders of Securities contained in the most recent list furnished to it as provided in Section 5.01 and as to the names and addresses of holders of Securities received by the Trustee in its capacity as Security Registrar (if
acting in such capacity). 
 (b) The Trustee may destroy any list furnished to it as provided in Section 5.01 upon receipt of a
new list so furnished. 
 (c) Securityholders may communicate as provided in Section 312(b) of the Trust Indenture Act with other
Securityholders with respect to their rights under this Indenture or under the Securities, and, in connection with any such communications, the Trustee shall satisfy its obligations under Section 312(b) of the Trust Indenture Act in accordance
with the provisions of Section 312(b) of the Trust Indenture Act. 

  
 15 

 Section 5.03 Reports by the Company. 

(a) The Company will at all times comply with Section 314(a) of the Trust Indenture Act. The Company covenants and agrees to
provide (which delivery may be via electronic mail) to the Trustee within 30 days, after the Company files the same with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of
any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Company is required to file with the Commission pursuant to Section 13 or Section 15(d) of the Exchange Act; provided, however, the
Company shall not be required to deliver to the Trustee any correspondence filed with the Commission or any materials for which the Company has sought and received confidential treatment by the Commission; and provided further, that so long as such
filings by the Company are available on the Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR), or any successor system, such filings shall be deemed to have been filed with the Trustee for purposes hereof without any
further action required by the Company. For the avoidance of doubt, a failure by the Company to file annual reports, information and other reports with the Commission within the time period prescribed thereof by the Commission shall not be deemed a
breach of this Section 5.03. 
 (b) Delivery of reports, information and documents to the Trustee under Section 5.03 is for
informational purposes only and the information and the Trustee’s receipt of the foregoing shall not constitute constructive notice of any information contained therein, or determinable from information contained therein including the
Company’s compliance with any of their covenants thereunder (as to which the Trustee is entitled to rely exclusively on an Officer’s Certificate). The Trustee is under no duty to examine any such reports, information or documents delivered
to the Trustee or filed with the Commission via EDGAR to ensure compliance with the provision of this Indenture or to ascertain the correctness or otherwise of the information or the statements contained therein. The Trustee shall have no
responsibility or duty whatsoever to ascertain or determine whether the above referenced filings with the Commission on EDGAR (or any successor system) has occurred. 

Section 5.04 Reports by the Trustee. 

(a) If required by Section 313(a) of the Trust Indenture Act, the Trustee, within sixty (60) days after each May 1, shall
send to the Securityholders a brief report dated as of such May 1, which complies with Section 313(a) of the Trust Indenture Act. 

(b) The Trustee shall comply with Section 313(b) and 313(c) of the Trust Indenture Act. 

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

ARTICLE 6 
 REMEDIES OF
THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT 
 Section 6.01 Events of Default. 

(a) Whenever used herein with respect to Securities of a particular series, “Event of Default” means any one or
more of the following events that has occurred and is continuing: 
 (1) the Company defaults in the payment of any installment of
interest upon any of the Securities of that series, as and when the same shall become due and payable, and such default continues for a period of 90 days; provided, however, that a valid extension of an interest payment period by the Company in
accordance with the terms of any indenture supplemental hereto shall not constitute a default in the payment of interest for this purpose; 

  
 16 

 (2) the Company defaults in the payment of the principal of (or premium, if any, on)
any of the Securities of that series as and when the same shall become due and payable whether at maturity, upon redemption, by declaration or otherwise, or in any payment required by any sinking or analogous fund established with respect to that
series; provided, however, that a valid extension of the maturity of such Securities in accordance with the terms of any indenture supplemental hereto shall not constitute a default in the payment of principal or premium, if any; 

(3) the Company fails to observe or perform any other of its covenants or agreements with respect to that series contained in this
Indenture or otherwise established with respect to that series of Securities pursuant to Section 2.01 hereof (other than a covenant or agreement that has been expressly included in this Indenture solely for the benefit of one or more series of
Securities other than such series) for a period of 90 days after the date on which written notice of such failure, requiring the same to be remedied and stating that such notice is a “Notice of Default” hereunder, shall have been given to
the Company by the Trustee, by registered or certified mail, or to the Company and the Trustee by the holders of at least 25% in principal amount of the Securities of that series at the time Outstanding; 

(4) the Company pursuant to or within the meaning of any Bankruptcy Law (i) commences a voluntary case, (ii) consents to the
entry of an order for relief against it in an involuntary case, (iii) consents to the appointment of a Custodian of it or for all or substantially all of its property or (iv) makes a general assignment for the benefit of its creditors; or

 (5) a court of competent jurisdiction enters an order under any Bankruptcy Law that (i) is for relief against the Company in
an involuntary case, (ii) appoints a Custodian of the Company for all or substantially all of its property or (iii) orders the liquidation of the Company, and the order or decree remains unstayed and in effect for 90 days. 

(b) In each and every such case (other than an Event of Default specified in clause (4) or clause (5) above), unless the
principal of all the Securities of that series shall have already become due and payable, either the Trustee or the holders of not less than 25% in aggregate principal amount of the Securities of that series then Outstanding hereunder, by notice in
writing to the Company (and to the Trustee if given by such Securityholders), may declare the principal of (and premium, if any, on) and accrued and unpaid interest on all the Securities of that series to be due and payable immediately, and upon any
such declaration the same shall become and shall be immediately due and payable. If an Event of Default specified in clause (4) or clause (5) above occurs, the principal of and accrued and unpaid interest on all the Securities of that
series shall automatically be immediately due and payable without any declaration or other act on the part of the Trustee or the holders of the Securities. 

(c) At any time after the principal of (and premium, if any, on) and accrued and unpaid interest on the Securities of that series shall
have been so declared due and payable, and before any judgment or decree for the payment of the moneys due shall have been obtained or entered as hereinafter provided, the holders of a majority in aggregate principal amount of the Securities of that
series then Outstanding hereunder, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if: (i) the Company has paid or deposited with the Trustee a sum sufficient to pay all matured
installments of interest upon all the Securities of that series and the principal of (and premium, if any, on) any and all Securities of that series that shall have become due otherwise than by acceleration (with interest upon such principal and
premium, if any, and, to the extent that such payment is enforceable under applicable law, upon overdue installments of interest, at the rate per annum expressed in the Securities of that series to the date of such payment or deposit) and the amount
payable to the Trustee under Section 7.06, and (ii) any and all Events of Default under the Indenture with respect to such series, other than the nonpayment of principal on (and premium, if any, on) and accrued and unpaid interest on
Securities of that series that shall not have become due by their terms, shall have been remedied or waived as provided in Section 6.06. 

No such rescission and annulment shall extend to or shall affect any subsequent default or impair any right consequent thereon. 

  
 17 

 (d) In case the Trustee shall have proceeded to enforce any right with respect to
Securities of that series under this Indenture and such proceedings shall have been discontinued or abandoned because of such rescission or annulment or for any other reason or shall have been determined adversely to the Trustee, then and in every
such case, subject to any determination in such proceedings, the Company and the Trustee shall be restored respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Company and the Trustee shall continue
as though no such proceedings had been taken. 
 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee.

 (a) The Company covenants that (i) in case it shall default in the payment of any installment of interest on any of the
Securities of a series, or in any payment required by any sinking or analogous fund established with respect to that series as and when the same shall have become due and payable, and such default shall have continued for a period of 90 days, or
(ii) in case it shall default in the payment of the principal of (or premium, if any, on) any of the Securities of a series when the same shall have become due and payable, whether upon maturity of the Securities of a series or upon redemption
or upon declaration or otherwise then, upon demand of the Trustee, the Company will pay to the Trustee, for the benefit of the holders of the Securities of that series, the whole amount that then shall have been become due and payable on all such
Securities for principal (and premium, if any) or interest, or both, as the case may be, with interest upon the overdue principal (and premium, if any) and (to the extent that payment of such interest is enforceable under applicable law) upon
overdue installments of interest at the rate per annum expressed in the Securities of that series; and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, and the amount payable to the
Trustee under Section 7.06. 
 (b) If the Company shall fail to pay such amounts forthwith upon such demand, the Trustee, in its
own name and as trustee of an express trust, shall be entitled and empowered to institute any action or proceedings at law or in equity for the collection of the sums so due and unpaid, and may prosecute any such action or proceeding to judgment or
final decree, and may enforce any such judgment or final decree against the Company or other obligor upon the Securities of that series and collect the moneys adjudged or decreed to be payable in the manner provided by law or equity out of the
property of the Company or other obligor upon the Securities of that series, wherever situated. 
 (c) In case of any receivership,
insolvency, liquidation, bankruptcy, reorganization, readjustment, arrangement, composition or judicial proceedings affecting the Company, or its creditors or property, the Trustee shall have power to intervene in such proceedings and take any
action therein that may be permitted by the court and shall (except as may be otherwise provided by law) be entitled to file such proofs of claim and other papers and documents as may be necessary or advisable in order to have the claims of the
Trustee and of the holders of Securities of such series allowed for the entire amount due and payable by the Company under the Indenture at the date of institution of such proceedings and for any additional amount that may become due and payable by
the Company after such date, and to collect and receive any moneys or other property payable or deliverable on any such claim, and to distribute the same after the deduction of the amount payable to the Trustee under Section 7.06; and any
receiver, assignee or trustee in bankruptcy or reorganization is hereby authorized by each of the holders of Securities of such series to make such payments to the Trustee, and, in the event that the Trustee shall consent to the making of such
payments directly to such Securityholders, to pay to the Trustee any amount due it under Section 7.06. 
 (d) All rights of
action and of asserting claims under this Indenture, or under any of the terms established with respect to Securities of that series, may be enforced by the Trustee without the possession of any of such Securities, or the production thereof at any
trial or other proceeding relative thereto, and any such suit or proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for payment to the Trustee of
any amounts due under Section 7.06, be for the ratable benefit of the holders of the Securities of such series. 
 In case of an Event
of Default hereunder, the Trustee may in its discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such
rights, either at law or in equity or in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in the Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other
legal or equitable right vested in the Trustee by this Indenture or by law. 

  
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 Nothing contained herein shall be deemed to authorize the Trustee to authorize or consent to
or accept or adopt on behalf of any Securityholder any plan of reorganization, arrangement, adjustment or composition affecting the Securities of that series or the rights of any Securityholder thereof or to authorize the Trustee to vote in respect
of the claim of any Securityholder in any such proceeding. 
 Section 6.03 Application of Moneys Collected. 

Any moneys collected by the Trustee pursuant to this Article with respect to a particular series of Securities shall be applied in the
following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal (or premium, if any) or interest, upon presentation of the Securities of that series, and notation thereon of the
payment, if only partially paid, and upon surrender thereof if fully paid: 
 FIRST: To the payment of costs and expenses of collection and
of all amounts payable to the Trustee under Section 7.06; 
 SECOND: To the payment of the amounts then due and unpaid upon Securities
of such series for principal (and premium, if any) and interest, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such
Securities for principal (and premium, if any) and interest, respectively; and 
 THIRD: To the payment of the remainder, if any, to the
Company or any other Person lawfully entitled thereto. 
 Section 6.04 Limitation on Suits. 

No holder of any Security of any series shall have any right by virtue or by availing of any provision of this Indenture to institute any suit,
action or proceeding in equity or at law upon or under or with respect to this Indenture or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless (i) such Securityholder previously shall have given to the
Trustee written notice of an Event of Default and of the continuance thereof with respect to the Securities of such series specifying such Event of Default, as hereinbefore provided; (ii) the holders of not less than 25% in aggregate principal
amount of the Securities of such series then Outstanding shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder; (iii) such Securityholder or Securityholders shall have
offered to the Trustee indemnity satisfactory to it against the costs, expenses and liabilities to be incurred in compliance with such request; (iv) the Trustee for 90 days after its receipt of such notice, request and offer of indemnity, shall
have failed to institute any such action, suit or proceeding; and (v) during such 90 day period, the holders of a majority in principal amount of the Securities of that series do not give the Trustee a direction inconsistent with the request.

 Notwithstanding anything contained herein to the contrary or any other provisions of this Indenture, the right of any holder of any
Security to receive payment of the principal of (and premium, if any) and interest on such Security, as therein provided, on or after the respective due dates expressed in such Security (or in the case of redemption, on the redemption date), or to
institute suit for the enforcement of any such payment on or after such respective dates or redemption date, shall not be impaired or affected without the consent of such holder and by accepting a Security hereunder it is expressly understood,
intended and covenanted by the taker and holder of every Security of such series with every other such taker and holder and the Trustee, that no one or more holders of Securities of such series shall have any right in any manner whatsoever by virtue
or by availing of any provision of this Indenture to affect, disturb or prejudice the rights of the holders of any other of such Securities, or to obtain or seek to obtain priority over or preference to any other such holder, or to enforce any right
under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all holders of Securities of such series. For the protection and enforcement of the provisions of this Section, each and every Securityholder
and the Trustee shall be entitled to such relief as can be given either at law or in equity. 

  
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 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not Waiver. 

(a) Except as otherwise provided in Section 2.07, all powers and remedies given by this Article to the Trustee or to the
Securityholders shall, to the extent permitted by law, be deemed cumulative and not exclusive of any other powers and remedies available to the Trustee or the holders of the Securities, by judicial proceedings or otherwise, to enforce the
performance or observance of the covenants and agreements contained in this Indenture or otherwise established with respect to such Securities. 

(b) No delay or omission of the Trustee or of any holder of any of the Securities to exercise any right or power accruing upon any Event
of Default occurring and continuing as aforesaid shall impair any such right or power, or shall be construed to be a waiver of any such default or an acquiescence therein; and, subject to the provisions of Section 6.04, every power and remedy
given by this Article or by law to the Trustee or the Securityholders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Securityholders. 

Section 6.06 Control by Securityholders. 

The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with
Section 8.04, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee with respect to such series; provided,
however, that such direction shall not be in conflict with any rule of law or with this Indenture or subject the Trustee in its sole discretion to personal liability. Subject to the provisions of Section 7.01, the Trustee shall have the right
to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer or officers of the Trustee, determine that the proceeding so directed, subject to the Trustee’s duties under the Trust Indenture Act, would
involve the Trustee in personal liability or might be unduly prejudicial to the Securityholders not involved in the proceeding. The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding affected
thereby, determined in accordance with Section 8.04, may on behalf of the holders of all of the Securities of such series waive any past default in the performance of any of the covenants contained herein or established pursuant to
Section 2.01 with respect to such series and its consequences, except a default in the payment of the principal of, or premium, if any, or interest on, any of the Securities of that series as and when the same shall become due by the terms of
such Securities otherwise than by acceleration (unless such default has been cured and a sum sufficient to pay all matured installments of interest and principal and any premium has been deposited with the Trustee (in accordance with
Section 6.01(c)). Upon any such waiver, the default covered thereby shall be deemed to be cured for all purposes of this Indenture and the Company, the Trustee and the holders of the Securities of such series shall be restored to their former
positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 

Section 6.07 Undertaking to Pay Costs. 

All parties to this Indenture agree, and each holder of any Securities by such holder’s acceptance thereof shall be deemed to have agreed,
that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted by it as Trustee, the filing by any party litigant in such
suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in such suit, having due regard to the merits
and good faith of the claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Trustee, to any suit instituted by any Securityholder, or group of Securityholders, holding more
than 10% in aggregate principal amount of the Outstanding Securities of any series, or to any suit instituted by any Securityholder for the enforcement of the payment of the principal of (or premium, if any) or interest on any Security of such
series, on or after the respective due dates expressed in such Security or established pursuant to this Indenture. 

  
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 ARTICLE 7 

CONCERNING THE TRUSTEE 

Section 7.01 Certain Duties and Responsibilities of Trustee. 

(a) The Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a series and after the curing of all
Events of Default with respect to the Securities of that series that may have occurred, shall undertake to perform with respect to the Securities of such series such duties and only such duties as are specifically set forth in this Indenture, and no
implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall exercise with respect to Securities
of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his or her own affairs. 

(b) No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own
negligent failure to act, or its own willful misconduct, except that: 
 (i) prior to the occurrence of an Event of Default with
respect to the Securities of a series and after the curing or waiving of all such Events of Default with respect to that series that may have occurred: 

(A) the duties and obligations of the Trustee shall with respect to the Securities of such series be determined solely by the express
provisions of this Indenture, and the Trustee shall not be liable with respect to the Securities of such series except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or
obligations shall be read into this Indenture against the Trustee; and 
 (B) in the absence of bad faith on the part of the Trustee,
the Trustee may with respect to the Securities of such series conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to
the requirements of this Indenture; but in the case of any such certificates or opinions that by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine
whether or not they conform to the requirements of this Indenture; 
 (ii) the Trustee shall not be liable to any Securityholder or
to any other Person for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; 

(iii) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with
the direction of the holders of not less than a majority in principal amount of the Securities of any series at the time Outstanding relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or
exercising any trust or power conferred upon the Trustee under this Indenture with respect to the Securities of that series; 
 (iv)
none of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal financial liability in the performance of any of its duties or in the exercise of any of its rights or powers if
there is reasonable ground for believing that the repayment of such funds or liability is not reasonably assured to it under the terms of this Indenture or adequate indemnity against such risk is not reasonably assured to it; 

(v) The Trustee shall not be required to give any bond or surety in respect of the performance of its powers or duties hereunder; 

  
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 (vi) The permissive right of the Trustee to do things enumerated in this Indenture
shall not be construed as a duty of the Trustee; and 
 (vii) No Trustee shall have any duty or responsibility for any act or
omission of any other Trustee appointed with respect to a series of Securities hereunder. 
 Section 7.02 Certain Rights of Trustee.

 Except as otherwise provided in Section 7.01: 

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

(b) Any request, direction, order or demand of the Company mentioned herein shall be sufficiently evidenced by a Board Resolution or an
instrument signed in the name of the Company by any authorized Officer of the Company (unless other evidence in respect thereof is specifically prescribed herein); 

(c) The Trustee may consult with counsel and the opinion or written advice of such counsel or, if requested, any Opinion of Counsel
shall be full and complete authorization and protection in respect of any action taken or suffered or omitted hereunder in good faith and in reliance thereon; 

(d) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request,
order or direction of any of the Securityholders pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the Trustee security or indemnity reasonably acceptable to the Trustee against the costs, expenses and
liabilities that may be incurred therein or thereby; nothing contained herein shall, however, relieve the Trustee of the obligation, upon the occurrence of an Event of Default with respect to a series of the Securities (that has not been cured or
waived), to exercise with respect to Securities of that series such of the rights and powers vested in it by this Indenture, and to use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the
circumstances in the conduct of his or her own affairs; 
 (e) The Trustee shall not be liable for any action taken or omitted to be
taken by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

(f) The Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, consent, order, approval, bond, security, or other papers or documents or inquire as to the performance by the Company of one of its covenants under this Indenture, unless requested in writing so to do
by the holders of not less than a majority in principal amount of the Outstanding Securities of the particular series affected thereby (determined as provided in Section 8.04); provided, however, that if the payment within a reasonable time to
the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, not reasonably assured to the Trustee by the security afforded to it by the terms of this Indenture,
the Trustee may require security or indemnity reasonably acceptable to the Trustee against such costs, expenses or liabilities as a condition to so proceeding. The reasonable expense of every such examination shall be paid by the Company or, if paid
by the Trustee, shall be repaid by the Company upon demand; 
 (g) The Trustee may execute any of the trusts or powers hereunder or
perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder; 

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

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

(j) The Trustee agrees to accept and act upon instructions or directions pursuant to this Indenture sent by unsecured e-mail, facsimile transmission or other similar unsecured electronic methods; provided, however, that such instructions or directions shall be signed by an authorized representative of the party providing such
instructions or directions. If the party elects to give the Trustee e-mail or facsimile instructions (or instructions by a similar electronic method) and the Trustee in its discretion elects to act upon such
instructions, the Trustee’s understanding of such instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance
with such instructions notwithstanding such instructions conflict or are inconsistent with a subsequent written instruction. The party providing electronic instructions agrees to assume all risks arising out of the use of such electronic methods to
submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk or interception and misuse by third parties. The Trustee may request that the Company deliver
an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to furnish the Trustee with Officer’s Certificates, Company Orders and any other matters or directions pursuant to this
Indenture; 
 (k) The rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation,
its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder and under the Securities, and each agent, custodian or other person employed to act under this Indenture; and 

(l) The Trustee shall not be deemed to have knowledge of any Default or Event of Default (other than an Event of Default constituting
the failure to pay the interest on, or the principal of, the Securities if the Trustee also serves as the paying agent for such Securities) until the Trustee shall have received written notification in the manner set forth in this Indenture or a
Responsible Officer of the Trustee shall have obtained actual knowledge. 
 Section 7.03 Trustee Not Responsible for Recitals or
Issuance or Securities. 
 (a) The recitals contained herein and in the Securities shall be taken as the statements of the
Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee shall not be responsible for any statement in any registration statement, prospectus, or any other document in connection with the sale of Securities.
The Trustee shall not be responsible for any rating on the Securities or any action or omission of any rating agency. 
 (b) The
Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities. 
 (c) The Trustee shall
not be accountable for the use or application by the Company of any of the Securities or of the proceeds of such Securities, or for the use or application of any moneys paid over by the Trustee in accordance with any provision of this Indenture or
established pursuant to Section 2.01, or for the use or application of any moneys received by any paying agent other than the Trustee. 

  
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 Section 7.04 May Hold Securities. 

The Trustee or any paying agent or Security Registrar, in its individual or any other capacity, may become the owner or pledgee of Securities
with the same rights it would have if it were not Trustee, paying agent or Security Registrar. 
 Section 7.05 Moneys Held in Trust.

 Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided,
be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such
as it may agree with the Company to pay thereon. 
 Section 7.06 Compensation and Reimbursement. 

(a) The Company shall pay to the Trustee for each of its capacities hereunder from time to time compensation for its services as the
Company and the Trustee shall from time to time agree upon in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all
reasonable out-of-pocket expenses incurred by it. Such expenses shall include the reasonable compensation and expenses of the Trustee’s agents and counsel. 

(b) The Company shall indemnify each of the Trustee in each of its capacities hereunder against any loss, liability or expense
(including the cost of defending itself and including the reasonable compensation and expenses of the Trustee’s agents and counsel) incurred by it except as set forth in Section 7.06(c) in the exercise or performance of its powers, rights
or duties under this Indenture as Trustee or Agent. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have
one separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. This indemnification shall apply
to officers, directors, employees, shareholders and agents of the Trustee. 
 (c) The Company need not reimburse any expense or
indemnify against any loss or liability incurred by the Trustee or by any officer, director, employee, shareholder or agent of the Trustee through negligence or bad faith. 

(d) To ensure the Company’s payment obligations in this Section, the Trustee shall have a lien prior to the Securities on all funds
or property held or collected by the Trustee, except that held in trust to pay principal of or interest on particular Securities. When the Trustee incurs expenses or renders services in connection with an Event of Default specified in
Section 6.01(4) or (5), the expenses (including the reasonable fees and expenses of its counsel) and the compensation for services in connection therewith are to constitute expenses of administration under any bankruptcy law. The provisions of
this Section 7.06 shall survive the termination of this Indenture and the resignation or removal of the Trustee. 

Section 7.07 Reliance on Officer’s Certificate. 

Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it
reasonably necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the
absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee and such certificate, in the absence of negligence or bad faith on the part
of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted to be taken by it under the provisions of this Indenture upon the faith thereof. 

  
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 Section 7.08 Disqualification; Conflicting Interests. 

If the Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act,
the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act. 

Section 7.09 Corporate Trustee Required; Eligibility. 

There shall at all times be a Trustee with respect to the Securities issued hereunder which shall at all times be a corporation organized and
doing business under the laws of the United States of America or any state or territory thereof or of the District of Columbia, or a corporation or other Person permitted to act as trustee by the Commission, authorized under such laws to exercise
corporate trust powers, having a combined capital and surplus of at least fifty million U.S. dollars ($50,000,000), and subject to supervision or examination by federal, state, territorial, or District of Columbia authority. 

If such corporation or other Person publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such corporation or other Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of
condition so published. The Company may not, nor may any Person directly or indirectly controlling, controlled by, or under common control with the Company, serve as Trustee. In case at any time the Trustee shall cease to be eligible in accordance
with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 7.10. 

Section 7.10 Resignation and Removal; Appointment of Successor. 

(a) The Trustee or any successor hereafter appointed may at any time resign with respect to the Securities of one or more series by
giving written notice thereof to the Company and the Securityholders of such series. Upon receiving such notice of resignation, the Company shall promptly appoint a successor trustee with respect to Securities of such series by written instrument,
in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor trustee. If no successor trustee shall have been so appointed and have accepted
appointment within 30 days after the sending of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor trustee with respect to Securities of such series, or any
Securityholder of that series who has been a bona fide holder of a Security or Securities for at least six months may on behalf of himself and all others similarly situated, petition any such court for the appointment of a successor trustee. Such
court may thereupon after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 
 (b) In case at any
time any one of the following shall occur: 
 (i) the Trustee shall fail to comply with the provisions of Section 7.08 after
written request therefor by the Company or by any Securityholder who has been a bona fide holder of a Security or Securities for at least six months; or 

(ii) the Trustee shall cease to be eligible in accordance with the provisions of Section 7.09 and shall fail to resign after
written request therefor by the Company or by any such Securityholder; or 
 (iii) the Trustee shall become incapable of acting, or
shall be adjudged a bankrupt or insolvent, or commence a voluntary bankruptcy proceeding, or a receiver of the Trustee or of its property shall be appointed or consented to, or any public officer shall take charge or control of the Trustee or of its
property or affairs for the purpose of rehabilitation, conservation or liquidation; 
 then, in any such case, the Company may remove the
Trustee with respect to all Securities and appoint a successor trustee by written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the
successor trustee, or any Securityholder who has been a bona fide holder of a Security or Securities for at least six months may, on behalf of that holder and all others similarly situated, petition any court of competent jurisdiction for the
removal of the Trustee and the appointment of a successor trustee. Such court may thereupon after such notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee. 

  
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 (c) The holders of a majority in aggregate principal amount of the Securities of any
series at the time Outstanding may at any time remove the Trustee with respect to such series by so notifying the Trustee and the Company and may appoint a successor Trustee for such series with the consent of the Company. 

(d) Any resignation or removal of the Trustee and appointment of a successor trustee with respect to the Securities of a series pursuant
to any of the provisions of this Section shall become effective upon acceptance of appointment by the successor trustee as provided in Section 7.11. 

(e) Any successor trustee appointed pursuant to this Section may be appointed with respect to the Securities of one or more series or
all of such series, and at any time there shall be only one Trustee with respect to the Securities of any particular series. 

Section 7.11 Acceptance of Appointment By Successor. 

(a) In case of the appointment hereunder of a successor trustee with respect to all Securities, every such successor trustee so
appointed shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor trustee,
without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company or the successor trustee, such retiring Trustee shall, upon payment of any
amounts due to it pursuant to the provisions of Section 7.06, execute and deliver an instrument transferring to such successor trustee all the rights, powers, and trusts of the retiring Trustee and shall duly assign, transfer and deliver to
such successor trustee all property and money held by such retiring Trustee hereunder. 
 (b) In case of the appointment hereunder of
a successor trustee with respect to the Securities of one or more (but not all) series, the Company, the retiring Trustee and each successor trustee with respect to the Securities of one or more series shall execute and deliver an indenture
supplemental hereto wherein each successor trustee shall accept such appointment and which (i) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor trustee all the rights,
powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor trustee relates, (ii) shall contain such provisions as shall be deemed necessary or desirable to
confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and
(iii) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such
supplemental indenture shall constitute such Trustees co-trustees of the same trust, that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder
administered by any other such Trustee and that no Trustee shall be responsible for any act or failure to act on the part of any other Trustee hereunder; and upon the execution and delivery of such supplemental indenture the resignation or removal
of the retiring Trustee shall become effective to the extent provided therein, such retiring Trustee shall with respect to the Securities of that or those series to which the appointment of such successor trustee relates have no further
responsibility for the exercise of rights and powers or for the performance of the duties and obligations vested in the Trustee under this Indenture, and each such successor trustee, without any further act, deed or conveyance, shall become vested
with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor trustee relates; but, on request of the Company or any successor trustee, such
retiring Trustee shall duly assign, transfer and deliver to such successor trustee, to the extent contemplated by such supplemental indenture, the property and money held by such retiring Trustee hereunder with respect to the Securities of that or
those series to which the appointment of such successor trustee relates. 
 (c) Upon request of any such successor trustee, the
Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be. 

  
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 (d) No successor trustee shall accept its appointment unless at the time of such
acceptance such successor trustee shall be qualified and eligible under this Article. 
 (e) Upon acceptance of appointment by a
successor trustee as provided in this Section, the Company shall send notice of the succession of such trustee hereunder to the Securityholders. If the Company fails to send such notice within ten days after acceptance of appointment by the
successor trustee, the successor trustee shall cause such notice to be sent at the expense of the Company. 
 Section 7.12 Merger,
Conversion, Consolidation or Succession to Business. 
 Any corporation into which the Trustee may be merged or converted or with which
it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, including
the administration of the trust created by this Indenture, shall be the successor of the Trustee hereunder, provided that such corporation shall be qualified under the provisions of Section 7.08 and eligible under the provisions of
Section 7.09, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. In case any Securities shall have been authenticated, but not delivered, by
the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself
authenticated such Securities. 
 Section 7.13 Preferential Collection of Claims Against the Company. 

The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in
Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein. 

Section 7.14 Notice of Default. 

If any Event of Default occurs and is continuing and if such Event of Default is known to a Responsible Officer of the Trustee, the Trustee
shall send to each Securityholder in the manner and to the extent provided in Section 313(c) of the Trust Indenture Act notice of the Event of Default within the earlier of 90 days after it occurs and 30 days after it is known to a Responsible
Officer of the Trustee or written notice of it is received by the Trustee, unless such Event of Default has been cured; provided, however, that, except in the case of a default in the payment of the principal of (or premium, if any) or
interest on any Security, the Trustee shall be protected in withholding such notice if and so long as the Responsible Officers of the Trustee in good faith determine that the withholding of such notice is in the interest of the Securityholders. 

ARTICLE 8 
 CONCERNING
THE SECURITYHOLDERS 
 Section 8.01 Evidence of Action by Securityholders. 

Whenever in this Indenture it is provided that the holders of a majority or specified percentage in aggregate principal amount of the
Securities of a particular series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the holders of
such majority or specified percentage of that series have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by such holders of Securities of that series in person or by agent or proxy appointed
in writing. 
 If the Company shall solicit from the Securityholders of any series any request, demand, authorization, direction, notice,
consent, waiver or other action, the Company may, at its option, as evidenced by an Officer’s Certificate, fix in advance a record date for such series for the determination of Securityholders entitled to give such request, demand,
authorization, direction, notice, consent, waiver or other action, but the Company shall have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other action may be
given before or after the record date, but only the Securityholders of record at the close of business on the record date shall be deemed to be Securityholders for the purposes of determining whether Securityholders of the requisite proportion of
Outstanding Securities of that series have authorized or agreed or consented to such request, demand, authorization, direction, notice, consent, waiver or other action, and for that purpose the Outstanding Securities of that series shall be computed
as of the record date; provided, however, that no such authorization, agreement or consent by such Securityholders on the record date shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not later
than six months after the record date. 

  
 27 

 Section 8.02 Proof of Execution by Securityholders. 

Subject to the provisions of Section 7.01, proof of the execution of any instrument by a Securityholder (such proof will not require
notarization) or his or her agent or proxy and proof of the holding by any Person of any of the Securities shall be sufficient if made in the following manner: 

(a) The fact and date of the execution by any such Person of any instrument may be proved in any reasonable manner acceptable to the
Trustee. 
 (b) The ownership of Securities shall be proved by the Security Register of such Securities or by a certificate of the
Security Registrar thereof. 
 The Trustee may require such additional proof of any matter referred to in this Section as it shall deem
necessary. 
 Section 8.03 Who May be Deemed Owners. 

Prior to the due presentment for registration of transfer of any Security, the Company, the Trustee, any paying agent and any Security
Registrar may deem and treat the Person in whose name such Security shall be registered upon the books of the Security Registrar as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notice of
ownership or writing thereon made by anyone other than the Security Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Security and for all other
purposes; and neither the Company nor the Trustee nor any paying agent nor any Security Registrar shall be affected by any notice to the contrary. 

Section 8.04 Certain Securities Owned by Company Disregarded. 

In determining whether the holders of the requisite aggregate principal amount of Securities of a particular series have concurred in any
direction, consent or waiver under this Indenture, the Securities of that series that are owned by the Company or any other obligor on the Securities of that series or by any Person directly or indirectly controlling or controlled by or under common
control with the Company or any other obligor on the Securities of that series shall be disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be
protected in relying on any such direction, consent or waiver, only Securities of such series that the Trustee actually knows are so owned shall be so disregarded. The Securities so owned that have been pledged in good faith may be regarded as
Outstanding for the purposes of this Section, if the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not a Person directly or indirectly
controlling or controlled by or under direct or indirect common control with the Company or any such other obligor. In case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the
Trustee. 
 Section 8.05 Actions Binding on Future Securityholders. 

At any time prior to (but not after) the evidencing to the Trustee, as provided in Section 8.01, of the taking of any action by the
holders of the majority or percentage in aggregate principal amount of the Securities of a particular series specified in this Indenture in connection with such action, any holder of a Security of that series that is shown by the evidence to be
included in the Securities the holders of which have consented to such action may, by filing written notice with the Trustee, and upon proof of holding as provided in Section 8.02, revoke such action so far as concerns such Security. Except as
aforesaid any such action taken by the holder of any Security shall be conclusive and binding upon such holder and upon all future holders and owners of such Security, and of any Security issued in exchange therefor, on registration of transfer
thereof or in place thereof, irrespective of whether or not any notation in regard thereto is made upon such Security. Any action taken by the holders of the majority or percentage in aggregate principal amount of the Securities of a particular
series specified in this Indenture in connection with such action shall be conclusively binding upon the Company, the Trustee and the holders of all the Securities of that series. 

  
 28 

 ARTICLE 9 

SUPPLEMENTAL INDENTURES 

Section 9.01 Supplemental Indentures Without the Consent of Securityholders. 

In addition to any supplemental indenture otherwise authorized by this Indenture, the Company and the Trustee may from time to time and at any
time enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect), without the consent of the Securityholders, for one or more of the following purposes: 

(a) to cure any ambiguity, defect, or inconsistency herein or in the Securities of any series; 

(b) to comply with Article Ten; 

(c) to provide for uncertificated Securities in addition to or in place of certificated Securities; 

(d) to add to the covenants, restrictions, conditions or provisions relating to the Company for the benefit of the holders of all or any
series of Securities (and if such covenants, restrictions, conditions or provisions are to be for the benefit of less than all series of Securities, stating that such covenants, restrictions, conditions or provisions are expressly being included
solely for the benefit of such series), to make the occurrence, or the occurrence and the continuance, of a default in any such additional covenants, restrictions, conditions or provisions an Event of Default, or to surrender any right or power
herein conferred upon the Company; 
 (e) to add to, delete from, or revise the conditions, limitations, and restrictions on the
authorized amount, terms, or purposes of issue, authentication, and delivery of Securities, as herein set forth; 
 (f) to make any
change that does not adversely affect the rights of any Securityholder in any material respect; 
 (g) to provide for the issuance of
and establish the form and terms and conditions of the Securities of any series as provided in Section 2.01, to establish the form of any certifications required to be furnished pursuant to the terms of this Indenture or any series of
Securities, or to add to the rights of the holders of any series of Securities; 
 (h) to evidence and provide for the acceptance of
appointment hereunder by a successor trustee; or 
 (i) to comply with any requirements of the Commission or any successor in
connection with the qualification of this Indenture under the Trust Indenture Act. 
 The Trustee is hereby authorized to join with the
Company in the execution of any such supplemental indenture, and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture that
affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 

  
 29 

 Any supplemental indenture authorized by the provisions of this Section may be executed by
the Company and the Trustee without the consent of the holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of Section 9.02. 

Section 9.02 Supplemental Indentures With Consent of Securityholders. 

With the consent (evidenced as provided in Section 8.01) of the holders of not less than a majority in aggregate principal amount of the
Securities of each series affected by such supplemental indenture or indentures at the time Outstanding, the Company, when authorized by a Board Resolution, and the Trustee may from time to time and at any time enter into an indenture or indentures
supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any
supplemental indenture or of modifying in any manner not covered by Section 9.01 the rights of the holders of the Securities of such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent
of the holders of each Security then Outstanding and affected thereby, (a) extend the fixed maturity of any Securities of any series, or reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon,
or reduce any premium payable upon the redemption thereof or (b) reduce the aforesaid percentage of Securities, the holders of which are required to consent to any such supplemental indenture. 

It shall not be necessary for the consent of the Securityholders of any series affected thereby under this Section to approve the particular
form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof. 

Section 9.03 Effect of Supplemental Indentures. 

Upon the execution of any supplemental indenture pursuant to the provisions of this Article or of Section 10.01, this Indenture shall,
with respect to such series, be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of
Securities of the series affected thereby shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and
be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 
 Section 9.04 Securities Affected by
Supplemental Indentures. 
 Securities of any series affected by a supplemental indenture, authenticated and delivered after the
execution of such supplemental indenture pursuant to the provisions of this Article or of Section 10.01, may bear a notation in form approved by the Company, provided such form meets the requirements of any securities exchange upon which such
series may be listed, as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of that series so modified as to conform, in the opinion of the Board of Directors, to any modification of this
Indenture contained in any such supplemental indenture may be prepared by the Company, authenticated by the Trustee and delivered in exchange for the Securities of that series then Outstanding. 

Section 9.05 Execution of Supplemental Indentures. 

Upon the request of the Company, accompanied by its Board Resolutions authorizing the execution of any such supplemental indenture, and upon
the filing with the Trustee of evidence of the consent of Securityholders required to consent thereto as aforesaid, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture affects
the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion but shall not be obligated to enter into such supplemental indenture. The Trustee, subject to the provisions of
Section 7.01, shall receive an Officer’s Certificate or an Opinion of Counsel as conclusive evidence that any supplemental indenture executed pursuant to this Article is authorized or permitted by the terms of this Article and that all
conditions precedent to the execution of the supplemental indenture have been complied with; provided, however, that such Officer’s Certificate or Opinion of Counsel need not be provided in connection with the execution of a supplemental
indenture that establishes the terms of a series of Securities pursuant to Section 2.01 hereof. 

  
 30 

 Promptly after the execution by the Company and the Trustee of any supplemental indenture
pursuant to the provisions of this Section, the Company shall (or shall direct the Trustee to) send a notice, setting forth in general terms the substance of such supplemental indenture, to the Securityholders of all series affected thereby .as
their names and addresses appear upon the Security Register. Any failure of the Company to send, or cause the sending of, such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental
indenture. 
 ARTICLE 10 

SUCCESSOR ENTITY 

Section 10.01 Company May Consolidate, Etc. 

Nothing contained in this Indenture shall prevent any consolidation or merger of the Company with or into any other Person (whether or not
affiliated with the Company) or successive consolidations or mergers in which the Company or its successor or successors shall be a party or parties, or shall prevent any sale, conveyance, transfer or other disposition of the property of the Company
or its successor or successors as an entirety, or substantially as an entirety, to any other Person (whether or not affiliated with the Company or its successor or successors); provided, however, the Company hereby covenants and agrees that, upon
any such consolidation or merger (in each case, if the Company is not the survivor of such transaction) or any such sale, conveyance, transfer or other disposition (other than a sale, conveyance, transfer or other disposition to a Subsidiary of the
Company), the due and punctual payment of the principal of (premium, if any) and interest on all of the Securities of all series in accordance with the terms of each series, according to their tenor, and the due and punctual performance and
observance of all the covenants and conditions of this Indenture with respect to each series or established with respect to such series pursuant to Section 2.01 to be kept or performed by the Company shall be expressly assumed, by supplemental
indenture (which shall conform to the provisions of the Trust Indenture Act, as then in effect) reasonably satisfactory in form to the Trustee executed and delivered to the Trustee by the entity formed by such consolidation, or into which the
Company shall have been merged, or by the entity which shall have acquired such property. 
 Section 10.02 Successor Entity
Substituted. 
 (a) In case of any such consolidation, merger, sale, conveyance, transfer or other disposition and upon the
assumption by the successor entity by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the obligations set forth under Section 10.01 on all of the Securities of all series Outstanding,
such successor entity shall succeed to and be substituted for the Company with the same effect as if it had been named as the Company herein, and thereupon the predecessor corporation shall be relieved of all obligations and covenants under this
Indenture and the Securities. 
 (b) In case of any such consolidation, merger, sale, conveyance, transfer or other disposition, such
changes in phraseology and form (but not in substance) may be made in the Securities thereafter to be issued as may be appropriate. 

(c) Nothing contained in this Article shall require any action by the Company in the case of a consolidation or merger of any Person
into the Company where the Company is the survivor of such transaction, or the acquisition by the Company, by purchase or otherwise, of all or any part of the property of any other Person (whether or not affiliated with the Company). 

  
 31 

 ARTICLE 11 

SATISFACTION AND DISCHARGE 

Section 11.01 Satisfaction and Discharge of Indenture. 

If at any time: (a) the Company shall have delivered to the Trustee for cancellation all Securities of a series theretofore authenticated
and not delivered to the Trustee for cancellation (other than any Securities that shall have been destroyed, lost or stolen and that shall have been replaced or paid as provided in Section 2.07 and Securities for whose payment money or
Governmental Obligations have theretofore been deposited in trust or segregated and held in trust by the Company and thereupon repaid to the Company or discharged from such trust, as provided in Section 11.05); or (b) all such Securities
of a particular series not theretofore delivered to the Trustee for cancellation shall have become due and payable, or are by their terms to become due and payable within one year or are to be called for redemption within one year under arrangements
satisfactory to the Trustee for the giving of notice of redemption, and the Company shall deposit or cause to be deposited with the Trustee as trust funds the entire amount in moneys or Governmental Obligations or a combination thereof, sufficient
in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay at maturity or upon redemption all Securities of that series not theretofore delivered to
the Trustee for cancellation, including principal (and premium, if any) and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be, and if the Company shall also pay or cause to be paid all other sums
payable hereunder with respect to such series by the Company then this Indenture shall thereupon cease to be of further effect with respect to such series except for the provisions of Sections 2.03, 2.05, 2.07, 4.01, 4.02, 4.03, 7.10, 11.05 and
13.04, that shall survive until the date of maturity or redemption date, as the case may be, and Sections 7.06 and 11.05, that shall survive to such date and thereafter, and the Trustee, on demand of the Company and at the cost and expense of the
Company shall execute proper instruments acknowledging satisfaction of and discharging this Indenture with respect to such series. 

Section 11.02 Discharge of Obligations. 

If at any time all such Securities of a particular series not heretofore delivered to the Trustee for cancellation or that have not become due
and payable as described in Section 11.01 shall have been paid by the Company by depositing irrevocably with the Trustee as trust funds moneys or an amount of Governmental Obligations sufficient to pay at maturity or upon redemption all such
Securities of that series not theretofore delivered to the Trustee for cancellation, including principal (and premium, if any) and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be, and if the
Company shall also pay or cause to be paid all other sums payable hereunder by the Company with respect to such series, then after the date such moneys or Governmental Obligations, as the case may be, are deposited with the Trustee the obligations
of the Company under this Indenture with respect to such series shall cease to be of further effect except for the provisions of Sections 2.03, 2.05, 2.07, 4,01, 4.02, 4,03, 7.06, 7.10, 11.05 and 13.04 hereof that shall survive until such Securities
shall mature and be paid. 
 Thereafter, Sections 7.06 and 11.05 shall survive. 

Section 11.03 Deposited Moneys to be Held in Trust. 

All moneys or Governmental Obligations deposited with the Trustee pursuant to Sections 11.01 or 11.02 shall be held in trust and shall be
available for payment as due, either directly or through any paying agent (including the Company acting as its own paying agent), to the holders of the particular series of Securities for the payment or redemption of which such moneys or
Governmental Obligations have been deposited with the Trustee. 
 Section 11.04 Payment of Moneys Held by Paying Agents. 

In connection with the satisfaction and discharge of this Indenture all moneys or Governmental Obligations then held by any paying agent under
the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such moneys or Governmental Obligations. 

  
 32 

 Section 11.05 Repayment to Company. 

Any moneys or Governmental Obligations deposited with any paying agent or the Trustee, or then held by the Company, in trust for payment of
principal of or premium, if any, or interest on the Securities of a particular series that are not applied but remain unclaimed by the holders of such Securities for at least two years after the date upon which the principal of (and premium, if any)
or interest on such Securities shall have respectively become due and payable, or such other shorter period set forth in applicable escheat or abandoned or unclaimed property law, shall be repaid to the Company on May 31 of each year or upon
the Company’s request or (if then held by the Company) shall be discharged from such trust; and thereupon the paying agent and the Trustee shall be released from all further liability with respect to such moneys or Governmental Obligations, and
the holder of any of the Securities entitled to receive such payment shall thereafter, as a general creditor, look only to the Company for the payment thereof. 

ARTICLE 12 
 IMMUNITY OF
INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS 
 Section 12.01 No Recourse. 

No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or
otherwise in respect thereof, shall be had against any incorporator, stockholder, officer or director, past, present or future as such, of the Company or of any predecessor or successor corporation, either directly or through the Company or any such
predecessor or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued
hereunder are solely corporate obligations, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, stockholders, officers or directors as such, of the Company or of any predecessor or
successor corporation, or any of them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom; and
that any and all such personal liability of every name and nature, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, stockholder, officer or director as
such, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom, are hereby expressly waived and
released as a condition of, and as a consideration for, the execution of this Indenture and the issuance of such Securities. 
 ARTICLE 13

 MISCELLANEOUS PROVISIONS 

Section 13.01 Effect on Successors and Assigns. 

All the covenants, stipulations, promises and agreements in this Indenture made by or on behalf of the Company shall bind its successors and
assigns, whether so expressed or not. 
 Section 13.02 Actions by Successor. 

Any act or proceeding by any provision of this Indenture authorized or required to be done or performed by any board, committee or officer of
the Company shall and may be done and performed with like force and effect by the corresponding board, committee or officer of any corporation that shall at the time be the lawful successor of the Company. 

  
 33 

 Section 13.03 Surrender of Company Powers. 

The Company by instrument in writing executed by authority of its Board of Directors and delivered to the Trustee may surrender any of the
powers reserved to the Company, and thereupon such power so surrendered shall terminate both as to the Company and as to any successor corporation. 

Section 13.04 Notices. 

Except as otherwise expressly provided herein, any notice, request or demand that by any provision of this Indenture is required or permitted
to be given, made or served by the Trustee, the Security Registrar, any paying or other agent under this Indenture or by the holders of Securities or by any other Person pursuant to this Indenture to or on the Company may be given or served by being
deposited in first class mail, postage prepaid, addressed (until another address is filed in writing by the Company with the Trustee), as follows:                
                                 . Any notice, election, request or demand by the Company
or any Securityholder or by any other Person pursuant to this Indenture to or upon the Trustee shall be deemed to have been sufficiently given or made, for all purposes, if given or made in writing at the Corporate Trust Office of the Trustee. 

Section 13.05 Governing Law; Jury Trial Waiver. 

This Indenture and each Security shall be governed by, and construed in accordance with, the internal laws of the State of New York, except to
the extent that the Trust Indenture Act is applicable. 
 EACH PARTY HERETO, AND EACH HOLDER OF A SECURITY BY ACCEPTANCE THEREOF, HEREBY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS INDENTURE. 

Section 13.06 Treatment of Securities as Debt. 

It is intended that the Securities will be treated as indebtedness and not as equity for federal income tax purposes. The provisions of this
Indenture shall be interpreted to further this intention. 
 Section 13.07 Certificates and Opinions as to Conditions Precedent.

 (a)    Upon any application or demand by the Company to the Trustee to take any action under any of the
provisions of this Indenture, the Company shall furnish to the Trustee an Officer’s Certificate stating that all conditions precedent provided for in this Indenture (other than the certificate to be delivered pursuant to Section 13.12)
relating to the proposed action have been complied with and, if requested, an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent have been complied with, except that in the case of any such application or
demand as to which the furnishing of such documents is specifically required by any provision of this Indenture relating to such particular application or demand, no additional certificate or opinion need be furnished. 

(b)    Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to
compliance with a condition or covenant in this Indenture (other than the certificate to be delivered pursuant to Section 13.12 of this Indenture or Section 314(a)(1) of the Trust Indenture Act) shall include (i) a statement that the
Person making such certificate or opinion has read such covenant or condition; (ii) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion
are based; (iii) a statement that, in the opinion of such Person, he has made such examination or investigation as is reasonably necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been
complied with; and (iv) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with. 

  
 34 

 Section 13.08 Payments on Business Days. 

Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established
in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or the date of redemption of any Security shall not be a Business Day, then payment of interest or principal
(and premium, if any) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after such nominal date. 

Section 13.09 Conflict with Trust Indenture Act. 

If and to the extent that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by Section 318(c) of the
Trust Indenture Act, such imposed duties shall control. 
 Section 13.10 Counterparts. 

This 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. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used
in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. 

Section 13.11 Separability. 

In case any one or more of the provisions contained in this Indenture or in the Securities of any series 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 Indenture or of such Securities, but this Indenture and such Securities shall be construed as if such
invalid or illegal or unenforceable provision had never been contained herein or therein. 
 Section 13.12 Compliance Certificates.

 The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year during which any Securities of any series
were outstanding, an officer’s certificate stating whether or not the signers know of any Event of Default that occurred during such fiscal year. Such certificate shall contain a certification from the principal executive officer, principal
financial officer or principal accounting officer of the Company that a review has been conducted of the activities of the Company and the Company’s performance under this Indenture and that the Company has complied with all conditions and
covenants under this Indenture. For purposes of this Section 13.12, such compliance shall be determined without regard to any period of grace or requirement of notice provided under this Indenture. If the officer of the Company signing such
certificate has knowledge of such an Event of Default, the certificate shall describe any such Event of Default and its status. 

Section 13.13 U.S.A Patriot Act. 

The parties hereto acknowledge that in accordance with Section 326 of the U.S.A. Patriot Act, the Trustee, like all financial institutions
and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The
parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the U.S.A. Patriot Act. 

Section 13.14 Force Majeure. 

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

  
 35 

 Section 13.15 Table of Contents; Headings. 

The table of contents and headings of the articles and sections of this Indenture have been inserted for convenience of reference only, are not
intended to be considered a part hereof, and will not modify or restrict any of the terms or provisions hereof.

  
 36 

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

			
	 VOR BIOPHARMA INC., as
Company

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 [TRUSTEE], as Trustee

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  
 37 

 CROSS-REFERENCE TABLE (1) 
  

			
	 Section of Trust Indenture Act of 1939, as Amended
	  	 Section of Indenture

	310(a)	  	7.09
	310(b)	  	7.08
		  	7.10
	310(c)	  	Inapplicable
	311(a)	  	7.13
	311(b)	  	7.13
	311(c)	  	Inapplicable
	312(a)	  	5.01
		  	5.02(a)
	312(b)	  	5.02(c)
	312(c)	  	5.02(c)
	313(a)	  	5.04(a)
	313(b)	  	5.04(b)
	313(c)	  	5.04(a)
		  	5.04(b)
	313(d)	  	5.04(c)
	314(a)	  	5.03
		  	13.12
	314(b)	  	Inapplicable
	314(c)	  	13.07(a)
	314(d)	  	Inapplicable
	314(e)	  	13.07(b)
	314(f)	  	Inapplicable
	315(a)	  	7.01(a)
		  	7.01(b)
	315(b)	  	7.14
	315(c)	  	7.01
	315(d)	  	7.01(b)
	315(e)	  	6.07
	316(a)	  	6.06
		  	8.04
	316(b)	  	6.04
	316(c)	  	8.01
	317(a)	  	6.02
	317(b)	  	4.03
	318(a)	  	13.09

  

	(1)	 This Cross-Reference Table does not constitute part of the Indenture and shall not have any bearing on the
interpretation of any of its terms or provisions. 

  
 38

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00341-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00341-of-00352.parquet"}]]