Document:

EXHIBIT 4.1

    

    

    EXECUTION VERSION

  

   

    

  
    TAPESTRY, INC.

    as the Company

     

    and

     

    U.S. BANK NATIONAL ASSOCIATION

    as the Trustee

     

    

    
      

       

      

      Indenture

    

     

    

    Dated as of December 1, 2021

     

    

    
      

       

      

    

    
      
        

    

    
    TABLE OF CONTENTS

     

    	
            ARTICLE 1

          
	
            Definitions and Incorporation by Reference

          
	
            Section 1.01

          	
            Definitions

          	
            1

          
	
            Section 1.02

          	
            Other Definitions

          	
            5

          
	
            Section 1.03

          	
            Incorporation by Reference of Trust Indenture Act

          	
            5

          
	
            Section 1.04

          	
            Rules of Construction

          	
            6

          

    

    

    	
            ARTICLE 2

          
	
            The Securities

          

    

    

    	
            Section 2.01

          	
            Form and Dating

          	
            6

          
	
            Section 2.02

          	
            Execution and Authentication

          	
            6

          
	
            Section 2.03

          	
            Amount Unlimited; Issuable in Series

          	
            8

          
	
            Section 2.04

          	
            Denomination and Date of Securities; Payments of Interest

          	
            11

          
	
            Section 2.05

          	
            Registrar and Paying Agent; Agents Generally

          	
            11

          
	
            Section 2.06

          	
            Paying Agent to Hold Money in Trust

          	
            12

          
	
            Section 2.07

          	
            Transfer and Exchange

          	
            12

          
	
            Section 2.08

          	
            Replacement Securities

          	
            15

          
	
            Section 2.09

          	
            Outstanding Securities

          	
            16

          
	
            Section 2.10

          	
            Temporary Securities

          	
            17

          
	
            Section 2.11

          	
            Cancellation

          	
            17

          
	
            Section 2.12

          	
            CUSIP Numbers

          	
            17

          
	
            Section 2.13

          	
            Defaulted Interest

          	
            18

          
	
            Section 2.14

          	
            Series May Include Tranches

          	
            18

          

    

    

    	
            ARTICLE 3

          
	
            Redemption

          

    

    

    	
            Section 3.01

          	
            Applicability of Article

          	
            18

          
	
            Section 3.02

          	
            Notice of Redemption; Partial Redemptions

          	
            18

          
	
            Section 3.03

          	
            Payment of Securities Called for Redemption

          	
            21

          

    

    

    	
            ARTICLE 4

          
	
            Covenants

          

    

    

    	
            Section 4.01

          	
            Payment of Securities

          	
            22

          
	
            Section 4.02

          	
            Maintenance of Office or Agency

          	
            22

          
	
            Section 4.03

          	
            Corporate Existence

          	
            23

          
	
            Section 4.04

          	
            Certificate to Trustee

          	
            23

          
	
            Section 4.05

          	
            Reports by the Company

          	
            24

          

    

    

    	
            ARTICLE 5

          
	
            Successor Corporation

          

    

    

    	
            Section 5.01

          	
            Merger, Consolidation or Sale of Assets

          	
            24

          

    

    

    
      i

      
        

    

    	
            Section 5.02

          	
            Successor Substituted

          	
            24

          

    

    

    	
            ARTICLE 6

          
	
            Default and Remedies

          

    

    

    	
            Section 6.01

          	
            Events of Default

          	
            25

          
	
            Section 6.02

          	
            Acceleration

          	
            26

          
	
            Section 6.03

          	
            Other Remedies

          	
            26

          
	
            Section 6.04

          	
            Waiver of Past Defaults

          	
            26

          
	
            Section 6.05

          	
            Control by Majority

          	
            27

          
	
            Section 6.06

          	
            Limitation on Suits

          	
            27

          
	
            Section 6.07

          	
            Rights of Holders to Receive Payment

          	
            27

          
	
            Section 6.08

          	
            Collection Suit by Trustee

          	
            28

          
	
            Section 6.09

          	
            Trustee May File Proofs of Claim

          	
            28

          
	
            Section 6.10

          	
            Application of Proceeds

          	
            28

          
	
            Section 6.11

          	
            Restoration of Rights and Remedies

          	
            29

          
	
            Section 6.12

          	
            Undertaking for Costs

          	
            29

          
	
            Section 6.13

          	
            Rights and Remedies Cumulative

          	
            29

          
	
            Section 6.14

          	
            Delay or Omission not Waiver

          	
            29

          

    

    

    	
            ARTICLE 7

          
	
            Trustee

          

    

    

    	
            Section 7.01

          	
            General

          	
            30

          
	
            Section 7.02

          	
            Certain Rights of Trustee

          	
            30

          
	
            Section 7.03

          	
            Individual Rights of Trustee

          	
            33

          
	
            Section 7.04

          	
            Trustee’s Disclaimer

          	
            33

          
	
            Section 7.05

          	
            Notice of Default

          	
            34

          
	
            Section 7.06

          	
            Reports by Trustee to Holders

          	
            34

          
	
            Section 7.07

          	
            Compensation and Indemnity

          	
            34

          
	
            Section 7.08

          	
            Replacement of Trustee

          	
            35

          
	
            Section 7.09

          	
            Acceptance of Appointment by Successor

          	
            36

          
	
            Section 7.10

          	
            Successor Trustee by Merger, Etc

          	
            37

          
	
            Section 7.11

          	
            Eligibility

          	
            37

          
	
            Section 7.12

          	
            Money Held in Trust

          	
            37

          

    

    

    	
            ARTICLE 8

          
	
            Satisfaction and Discharge of Indenture; Unclaimed Moneys

          

    

    

    	
            Section 8.01

          	
            Option to Effect Legal Defeasance or Covenant Defeasance

          	
            37

          
	
            Section 8.02

          	
            Satisfaction and Discharge of Indenture

          	
            38

          
	
            Section 8.03

          	
            Application by Trustee of Funds Deposited for Payment of Securities

          	
            38

          
	
            Section 8.04

          	
            Repayment of Moneys Held by Paying Agent

          	
            38

          
	
            Section 8.05

          	
            Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years

          	
            38

          
	
            Section 8.06

          	
            Defeasance and Discharge of Indenture

          	
            39

          
	
            Section 8.07

          	
            Defeasance of Certain Obligations

          	
            39

          

    

    

    
      ii

      
        

    

    	
            Section 8.08

          	
            Conditions to Legal or Covenant Defeasance

          	
            39

          

    

    

    	
            ARTICLE 9

          
	
            Amendments, Supplements and Waivers

          

    

    

    	
            Section 9.01

          	
            Without Consent of Holders

          	
            40

          
	
            Section 9.02

          	
            With Consent of Holders

          	
            41

          
	
            Section 9.03

          	
            Revocation and Effect of Consent

          	
            42

          
	
            Section 9.04

          	
            Notation on or Exchange of Securities

          	
            43

          
	
            Section 9.05

          	
            Trustee to Sign Amendments, Etc

          	
            43

          
	
            Section 9.06

          	
            Conformity with Trust Indenture Act

          	
            43

          

    

    

    	
            ARTICLE 10

          
	
            Miscellaneous

          

    

    

    	
            Section 10.01

          	
            Trust Indenture Act of 1939

          	
            43

          
	
            Section 10.02

          	
            Notices

          	
            44

          
	
            Section 10.03

          	
            Certificate and Opinion as to Conditions Precedent

          	
            45

          
	
            Section 10.04

          	
            Statements Required in Certificate or Opinion

          	
            45

          
	
            Section 10.05

          	
            Evidence of Ownership

          	
            46

          
	
            Section 10.06

          	
            Rules by Trustee, Paying Agent or Registrar

          	
            46

          
	
            Section 10.07

          	
            Payment Date Other Than a Business Day

          	
            46

          
	
            Section 10.08

          	
            Governing Law; Waiver of Jury Trial

          	
            46

          
	
            Section 10.09

          	
            No Adverse Interpretation of Other Agreements

          	
            46

          
	
            Section 10.10

          	
            Successors

          	
            47

          
	
            Section 10.11

          	
            Duplicate Originals

          	
            47

          
	
            Section 10.12

          	
            Separability

          	
            47

          
	
            Section 10.13

          	
            Table of Contents, Headings, Etc

          	
            47

          
	
            Section 10.14

          	
            Incorporators, Stockholders, Officers and Directors of Company Exempt From Individual Liability

          	
            47

          
	
            Section 10.15

          	
            Judgment Currency

          	
            47

          
	
            Section 10.16

          	
            Force Majeure

          	
            48

          
	
            Section 10.17

          	
            U.S.A. Patriot Act

          	
            48

          

    

    

    
      iii

      
        

    

    CROSS-REFERENCE TABLE

     

    	 	
             TIA

            Section

          	 	 	 	
            Indenture

            Section

          
	 	
            310

          	 	
            (a)          

          	 	
            7.11

          
	 	 	 	
            (b)          

          	 	
            7.08; 7.11

          
	 	 	 	
            (c)          

          	 	
            N.A.

          
	 	
            311

          	 	
            (a)          

          	 	
            7.03

          
	 	 	 	
            (b)          

          	 	
            7.03

          
	 	 	 	
            (c)          

          	 	
            N.A.

          
	 	
            312

          	 	
            (a)          

          	 	
            N.A.

          
	 	 	 	
            (b)          

          	 	
            10.02

          
	 	 	 	
            (c)          

          	 	
            10.02

          
	 	
            313

          	 	
            (a)          

          	 	
            7.06

          
	 	 	 	
            (b)          

          	 	
            7.06

          
	 	 	 	
            (c)          

          	 	
            7.06

          
	 	 	 	
            (d)          

          	 	
            N.A.

          
	 	
            314

          	 	
            (a)          

          	 	
            4.05; 4.04

          
	 	 	 	
            (b)          

          	 	
            N.A.

          
	 	 	 	
            (c)          

          	 	
            N.A.

          
	 	 	 	
            (d)          

          	 	
            N.A.

          
	 	 	 	
            (e)          

          	 	
            N.A.

          
	 	 	 	
            (f)          

          	 	
            N.A.

          
	 	
            315

          	 	
            (a)          

          	 	
            N.A.

          
	 	 	 	
            (b)          

          	 	
            N.A.

          
	 	 	 	
            (c)          

          	 	
            N.A.

          
	 	 	 	
            (d)          

          	 	
            N.A.

          
	 	 	 	
            (e) 1          

          	 	
            N.A.

          
	 	
            316

          	 	
            (a) (last sentence)          

          	 	
            N.A.

          
	 	 	 	
            (a)(1)(A)          

          	 	
            N.A.

          
	 	 	 	
            (a)(1)(B)          

          	 	
            N.A.

          
	 	 	 	
            (a)(2)          

          	 	
            N.A.

          
	 	 	 	
            (b)          

          	 	
            N.A.

          
	 	
            317

          	 	
            (a)(1)          

          	 	
            N.A.

          
	 	 	 	
            (a)(2)          

          	 	
            N.A.

          
	 	 	 	
            (b)          

          	 	
            N.A.

          
	 	
            318

          	 	
            (a)          

          	 	
            N.A.

          

     

    N.A. Means Not Applicable.

    Note: This Cross-Reference Table shall not, for any purposes, be deemed to be part of this Indenture

     

    
      iv

      
        

    

    
    INDENTURE, dated as of December 1, 2021, between Tapestry, Inc., a Maryland corporation as the Company (the “Company”), and U.S. Bank National Association, as trustee (the “Trustee”).

     

    RECITALS

     

    WHEREAS, the Company has duly authorized the issuance from time to time of its senior debt securities to be issued in one or more
      series (the “Securities”) up to such principal amount or amounts as may from time to time be authorized in accordance with the terms of this Indenture;

     

    WHEREAS, the Company has duly authorized, among other things, the authentication, execution, delivery and administration of this
      Indenture and the Securities; and

     

    WHEREAS, all things necessary to make this Indenture a valid indenture and agreement according to its terms have been done;

     

    NOW, THEREFORE:

     

    In consideration of the premises and the purchases of the Securities by the holders thereof, the Company and the Trustee mutually
      covenant and agree for the equal and proportionate benefit of the respective holders from time to time of the Securities or of any and all series thereof and of the coupons, if any, appertaining thereto as follows:

     

    ARTICLE 1

    Definitions and Incorporation by Reference

     

    Section 1.01          Definitions.

     

    “Affiliate” of any Person means any other Person directly or indirectly controlling or controlled by or under
      direct or indirect common control with such Person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlling”, “controlled by” and “under common control with”) when used with respect to any Person
      means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise.

     

    “Agent” means any Registrar, Paying Agent, transfer agent or Authenticating Agent.

     

    “Board of Directors” means:

     

    (a)          with respect to a corporation, the
        board of directors of the corporation or any committee thereof duly authorized to act on behalf of such board;

     

    (b)          with respect to a partnership, the
        board of directors of the general partner of the partnership;

     

    
      1

      
        

    

    (c)          with respect to a limited
        liability company, the managing member or members or any controlling committee of managers or members thereof or any board or committee serving a similar management function; and

     

    (d)          with respect to any other Person,
        the individual or board or committee of such Person serving a management function similar to those described in clauses (a), (b) or (c) of this definition.

     

    “Board Resolution” means one or more resolutions of the Board of Directors of the Company or any authorized
      committee thereof, certified by the secretary or an assistant secretary, to have been duly adopted and to be in full force and effect on the date of such certification, and delivered to the Trustee.

     

    “Business Day” means any day other than a Saturday, a Sunday or a day on which banking institutions or trust
      companies in New York City are authorized or required by law, regulation or executive order 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.

     

    “Company” means the party named as such in the first paragraph of this Indenture until a Successor replaces it
      pursuant to Article 5 of this Indenture and thereafter means the Successor.

     

    “Corporate Trust Office” means the office of the Trustee at which the corporate trust business of the Trustee
      shall, at any particular time, be administered, which office is, at the date of this Indenture, located at U.S. Bank National Association, 100 Wall Street, Suite 600, New York, NY 10005, attention: Administrator - Tapestry, Inc.

     

    “Default” means any event that is, or after notice or passage of time or both would be, an Event of Default.

     

    “Depositary” means, with respect to the Securities of any series issuable or issued in the form of one or more
      Registered Global Securities, the Person designated as Depositary by the Company pursuant to Section 2.03 until a successor Depositary shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Depositary” shall mean or include each Person who is then a Depositary hereunder, and if at any time there is more than one such Person, “Depositary” as used with respect to
      the Securities of any such series shall mean the Depositary with respect to the Registered Global Securities of that series.

     

    “Exchange Act” means the Securities Exchange Act of 1934, as amended.

     

    
      2

      
        

    

    “GAAP” means with respect to any computations required or permitted hereunder, generally accepted accounting
      principles in effect in the United Sates as in effect from time to time; provided, however if the Company is required by the Commission to adopt (or is permitted to adopt and so adopts) a different accounting
      framework, including but not limited to the International Financial Reporting Standards, “GAAP” shall mean such new accounting framework as in effect from time to time, including, without limitation, in each case, those accounting principles set
      forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such
      other entity as approved by a significant segment of the accounting profession.

     

    “Holder” or “Securityholder” means the registered holder of any
      Security with respect to Registered Securities and the bearer of any Unregistered Security or any coupon appertaining thereto, as the case may be.

     

    “Indenture” means this Indenture as originally executed and delivered or as it may be amended or supplemented
      from time to time by one or more indentures supplemental to this Indenture entered into pursuant to the applicable provisions of this Indenture and shall include the forms and terms of the Securities of each series established as contemplated
      pursuant to Sections 2.01 and Section 2.03.

     

    “Officer” means, with respect to the Company, the chairman of the Board of Directors, the president or chief
      executive officer, any executive vice president, any senior vice president, any vice president, the chief financial officer, the treasurer or the secretary.

     

    “Officers’ Certificate” means, with respect to the Company, a certificate signed in the name of the Company
      (i) by the chairman of the Board of Directors, the president or chief executive officer, an executive vice president, a senior vice president or a vice president, and (ii) by the chief financial officer, the treasurer or any assistant treasurer, or
      the secretary or any assistant secretary, and delivered to the Trustee. Each such certificate shall comply with Section 314 of the Trust Indenture Act, if applicable, and include (except as otherwise expressly provided in this Indenture) the
      statements provided in Section 10.04, if applicable.

     

    “Opinion of Counsel” means a written opinion signed by legal counsel, who may be an employee of or counsel to
      the Company. Each such opinion shall comply with Section 314 of the Trust Indenture Act, if applicable, and include the statements provided in Section 10.04, if and to the extent required thereby.

     

    “original issue date” of any Security (or portion thereof) means the earlier of (a) the date of authentication
      of such Security or (b) the date of any Security (or portion thereof) for which such Security was issued (directly or indirectly) on registration of transfer, exchange or substitution.

     

    “Original Issue Discount Security” means any Security that provides for an amount less than the Principal
      amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.02.

     

    “Periodic Offering” means an offering of Securities of a series from time to time, the specific terms of which
      Securities, including, without limitation, the rate or rates of interest, if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Company or its agents upon
      the issuance of such Securities.

     

    
      3

      
        

    

    “Person” means any individual, corporation, limited liability company, partnership, joint venture, trust,
      unincorporated organization or government or any agency or political subdivision thereof.

     

    “Principal” of a Security means the principal amount of, and, unless the context indicates otherwise, includes
      any premium payable on, the Security.

     

    “Registered Global Security” means a Security evidencing all or a part of a series of Registered Securities,
      issued to the Depositary for such series in accordance with Section 2.02, and bearing the legend prescribed in Section 2.02.

     

    “Registered Security” means any Security registered on the Security Register (as defined in Section 2.05).

     

    “Responsible Officer” when used with respect to the Trustee, shall mean an officer of the Trustee in the
      Corporate Trust Office, having direct responsibility for the administration of this Indenture, and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer’s knowledge of and familiarity
      with the particular subject.

     

    “Securities” means any of the securities, as defined in the first paragraph of the recitals hereof, that are
      authenticated and delivered under this Indenture and, unless the context indicates otherwise, shall include any coupon appertaining thereto.

     

    “Securities Act” means the Securities Act of 1933, as amended.

     

    “Subsidiary” means with respect to the Company at any date, any corporation, limited liability company,
      partnership, association or other entity of which the Company, or the Company and one or more Subsidiaries, or any one or more Subsidiaries, directly or indirectly own more than 50% of the Voting Stock.

     

    “Trustee” means the party named as such in the first paragraph of this Indenture until a successor replaces it
      in accordance with the provisions of Article 7 and thereafter shall mean or include each Person who is then a Trustee hereunder, and if at any time there is more than one such Person, “Trustee” as used with respect to the Securities of any series
      shall mean the Trustee with respect to Securities of that series.

     

    “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended (15 U.S. Code §§ 77aaa-77bbbb), as it
      may be amended from time to time.

     

    “Unregistered Security” means any Security other than a Registered Security.

     

    “U.S. Government Obligations” means securities that are (i) direct obligations of the United States of America
      for the payment of which its full faith and credit is pledged or (ii) obligations of 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, and shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation
      held by such custodian for the account of the holder of a depository receipt; provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the
      holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of interest on or principal of the U.S. Government Obligation evidenced by such depository receipt.

     

    
      4

      
        

    

    “Voting Stock” means, with respect to any person as of any date, the capital stock of such person that is at
      the time entitled to vote generally in the election of the Board of Directors (or other analogous managing body) of such person.

     

    “Yield to Maturity” means, as the context may require, the yield to maturity (i) on a series of Securities or
      (ii) if the Securities of a series are issuable from time to time, on a Security of such series, calculated at the time of issuance of such series in the case of clause (i) or at the time of issuance of such Security of such series in the case of
      clause (ii), or, if applicable, at the most recent redetermination of interest on such series or on such Security, and calculated in accordance with the constant interest method or such other accepted financial practice as is specified in the terms
      of such Security.

     

    Section 1.02          Other Definitions. Each of the
      following terms is defined in the section set forth opposite such term:

     

    	 	Term	 	Section
	 	 	 	 
	 	
            Authenticating Agent

          	 	
            2.02

          
	 	
            cash transaction

          	 	
            7.03(a)

          
	 	
            Covenant Defeasance

          	 	
            8.07

          
	 	
            Dollars

          	 	
            4.02

          
	 	
            Event of Default

          	 	
            6.01

          
	 	
            Judgment Currency

          	 	
            10.15

          
	 	
            Legal Defeasance

          	 	
            8.06

          
	 	
            Paying Agent

          	 	
            2.05

          
	 	
            record date

          	 	
            2.04

          
	 	
            Registrar

          	 	
            2.05

          
	 	
            Required Currency

          	 	
            10.15

          
	 	
            Security Register

          	 	
            2.05

          
	 	
            self-liquidating paper

          	 	
            7.03(b)

          
	 	
            Successor

          	 	
            5.01(a)

          
	 	
            Tranche

          	 	
            2.14

          

    

     

    

    Section 1.03          Incorporation by Reference of Trust Indenture Act. Whenever
      this Indenture refers to a provision of the Trust Indenture Act, the provision is incorporated by reference in, and made a part of, this Indenture. The following term used in this Indenture that is defined by the Trust Indenture Act has the following
      meaning:

     

    “obligor” on the Securities means the Company or any other obligor on the Securities.

     

    
      5

      
        

    

    All other terms used in this Indenture that are defined by the Trust Indenture Act, defined by reference in the Trust Indenture
      Act to another statute or defined by a rule of the Commission and not otherwise defined herein have the meanings assigned to them therein.

     

    Section 1.04          Rules of Construction. Unless
      the context otherwise requires:

     

    (a)          an accounting term not otherwise
        defined has the meaning assigned to it in accordance with GAAP;

     

    (b)          words in the singular include the
        plural, and words in the plural include the singular;

     

    (c)          “herein,” “hereof” and other words
        of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision;

     

    (d)          all references to Sections or
        Articles refer to Sections or Articles of this Indenture unless otherwise indicated; and

     

    (e)         use of masculine, feminine or
        neuter pronouns should not be deemed a limitation, and the use of any such pronouns should be construed to include, where appropriate, the other pronouns.

     

    ARTICLE 2

    The Securities

     

    Section 2.01          Form and Dating. The Securities
      of each series shall be substantially in such form or forms (not inconsistent with this Indenture) as shall be established by or pursuant to one or more Board Resolutions or in one or more indentures supplemental hereto, in each case with such
      appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture and may have imprinted or otherwise reproduced thereon such legend or legends or endorsements, not inconsistent with the provisions
      of this Indenture, as may be required to comply with any law, or with any rules of any securities exchange or usage, all as may be determined by the officers executing such Securities as evidenced by their execution of the Securities. Unless
      otherwise so established, Unregistered Securities shall have coupons attached.

     

    Section 2.02          Execution and Authentication. Two

      Officers shall execute the Securities and one Officer shall execute the coupons appertaining thereto for the Company by facsimile or manual signature in the name and on behalf of the Company. If an Officer whose signature is on a Security or coupon
      appertaining thereto no longer holds that office at the time the Security is authenticated, the Security and such coupon shall nevertheless be valid.

     

    The Trustee, at the expense of the Company, may appoint an authenticating agent (the “Authenticating

        Agent”) to authenticate Securities. The Authenticating Agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such Authenticating Agent.

     

    
      6

      
        

    

    A Security and the coupons appertaining thereto shall not be valid until the Trustee or Authenticating Agent manually signs the
      certificate of authentication on the Security or on the Security to which such coupon appertains by an authorized signatory of the Trustee. The signature shall be conclusive evidence that the Security or the Security to which the coupon appertains
      has been authenticated under 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 having attached thereto appropriate coupons, if any, executed by the Company to the Trustee for authentication together with the applicable documents referred to below in this Section, and the Trustee shall thereupon authenticate and deliver
      such Securities to or upon the written order of the Company. In authenticating any Securities of a series, the Trustee shall receive prior to the authentication of any Securities of such series, and (subject to Article 7) shall be fully protected in
      conclusively relying upon, unless and until the Trustee receives written notice that such documents have been superseded or revoked:

     

    (a)          any Board Resolution and/or
        executed supplemental indenture referred to in Sections 2.01 and 2.03 by or pursuant to which the forms and terms of the Securities of that series were established;

     

    (b)         an Officers’ Certificate setting
        forth the form or forms and terms of the Securities, stating that the form or forms and terms of the Securities of such series have been, or, in the case of a Periodic Offering, will be when established in accordance with such procedures as shall
        be referred to therein, established in compliance with this Indenture and all conditions precedent to the authorization and delivery of the Securities have been complied with; and

     

    (c)          an Opinion of Counsel
        substantially to the effect that the form or forms and terms of the Securities of such series have been, or, in the case of a Periodic Offering, will be when established in accordance with such procedures as shall be referred to therein,
        established in compliance with this Indenture and that the supplemental indenture, to the extent applicable, and Securities have been duly authorized and, if executed and authenticated in accordance with the provisions of this Indenture and
        delivered to and duly paid for by the purchasers thereof on the date of such opinion, would be entitled to the benefits of this Indenture and would be legal, valid and binding obligations of the Company, enforceable against the Company in
        accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, receivership, moratorium and other similar laws affecting creditors’ rights generally, general principles of equity, and that all laws and requirements in
        respect of the execution and delivery by the Company of such Securities have been complied with and all conditions precedent to the authorization and delivery of the Securities have been complied with, and covering such other matters as shall be
        specified therein and as shall be reasonably requested by the Trustee.

     

    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 which is not reasonably acceptable to the Trustee.

     

    
      7

      
        

    

    Notwithstanding the provisions of Sections 2.01 and 2.02, if, in connection with a Periodic Offering, all Securities of a series
      are not to be originally issued at one time, it shall not be necessary to deliver the Board Resolution otherwise required pursuant to Section 2.01 or the written order, Officers’ Certificate and Opinion of Counsel otherwise required pursuant to
      Section 2.02 at or prior to the authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued.

     

    With respect to Securities of a series offered in a Periodic Offering, the Trustee may conclusively rely, as to the authorization
      by the Company of any of such Securities, the forms and terms thereof and the legality, validity, binding effect and enforceability thereof, upon the Opinion of Counsel and the other documents delivered pursuant to Sections 2.01 and 2.02, as
      applicable, in connection with the first authentication of Securities of such series.

     

    If the Company shall establish pursuant to Section 2.03 that the Securities of a series or a portion thereof are to be issued in
      the form of one or more Registered Global Securities, then the Company shall execute and the Trustee shall authenticate and deliver one or more Registered Global Securities that (i) shall represent and shall be denominated in an amount equal to the
      aggregate Principal amount of all of the Securities of such series issued in such form and not yet cancelled, (ii) shall be registered in the name of the Depositary for such Registered Global Security or Securities or the nominee of such Depositary,
      (iii) shall be delivered by the Trustee to such Depositary or its custodian or pursuant to such Depositary’s instructions and (iv) shall bear a legend substantially to the following effect: “Unless and until it is exchanged in whole or in part for
      Securities in definitive registered form, this Security may not be transferred except as a whole by the Depositary to the nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or by the
      Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary.”

     

    Section 2.03          Amount Unlimited; Issuable in Series. The

      aggregate Principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited.

     

    The Securities may be issued in one or more series. There shall be established in or pursuant to a Board Resolution or one or
      more indentures supplemental hereto, prior to the initial issuance of Securities of any series, subject to the last sentence of this Section 2.03,

     

    (a)          the designation of the Securities
        of the series, which shall distinguish the Securities of the series from the Securities of all other series;

     

    (b)          any limit upon the aggregate
        Principal amount of the Securities of the series that may be authenticated and delivered under this Indenture and any limitation on the ability of the Company to increase such aggregate Principal amount after the initial issuance of the Securities
        of that series (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, or upon redemption of, other Securities of the series pursuant hereto);

     

    (c)          the date or dates on which the
        Principal of the Securities of the series is payable (which date or dates may be fixed or extendible);

     

    
      8

      
        

    

    (d)          the rate or rates (which may be
        fixed or variable) per annum at which the Securities of the series shall bear interest, if any, the date or dates from which such interest shall accrue, on which such interest shall be payable and (in the case of Registered Securities) on which a
        record shall be taken for the determination of Holders to whom interest is payable and/or the method by which such rate or rates or date or dates shall be determined;

     

    (e)         if other than as provided in
        Section 4.02, the place or places where the Principal of and any interest on Securities of the series shall be payable, any Registered Securities of the series may be surrendered for exchange, notices, demands to or upon the Company in respect of
        the Securities of the series and this Indenture may be served and notice to Holders may be published;

     

    (f)          the right, if any, of the Company
        to redeem Securities of the series, in whole or in part, at its option and the period or periods within which, the price or prices at which and any terms and conditions upon which Securities of the series may be so redeemed, pursuant to any sinking
        fund or otherwise;

     

    (g)         the obligation, if any, of the
        Company to redeem, purchase or repay Securities of the series pursuant to any mandatory redemption, sinking fund or analogous provisions or at the option of a Holder thereof and the price or prices at which and the period or periods within which
        and any of the terms and conditions upon which Securities of the series shall be redeemed, purchased or repaid, in whole or in part, pursuant to such obligation;

     

    (h)          if other than denominations of
        $2,000 and any integral multiple of $1,000 in excess thereof, the denominations in which Securities of the series shall be issuable;

     

    (i)           if other than the 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;

     

    (j)          if other than the coin or currency
        in which the Securities of the series are denominated, the coin or currency in which payment of the Principal of or interest on the Securities of the series shall be payable or if the amount of payments of Principal of and/or interest on the
        Securities of the series may be determined with reference to an index based on a coin or currency other than that in which the Securities of the series are denominated, the manner in which such amounts shall be determined;

     

    (k)          if other than the currency of the
        United States of America, the currency or currencies, including composite currencies, in which payment of the Principal of and interest on the Securities of the series shall be payable, and the manner in which any such currencies shall be valued
        against other currencies in which any other Securities shall be payable;

     

    (l)          whether the Securities of the
        series or any portion thereof will be issuable as Registered Securities (and if so, whether such Securities will be issuable as Registered Global Securities) or Unregistered Securities (with or without coupons) (and if so, whether such Securities
        will be issued in temporary or permanent global form), or any combination of the foregoing, any restrictions applicable to the offer, sale or delivery of Unregistered Securities or the payment of interest thereon and, if other than as provided
        herein, the terms upon which Unregistered Securities of any series may be exchanged for Registered Securities of such series and vice versa;

     

    
      9

      
        

    

    (m)         whether the Securities of the
        series may be exchangeable for and/or convertible into the common stock of the Company or any other security;

     

    (n)          whether and under what
        circumstances the Company will pay additional amounts on the Securities of the series held by a person who is not a U.S. person in respect of any tax, assessment or governmental charge withheld or deducted and, if so, whether the Company will have
        the option to redeem such Securities rather than pay such additional amounts;

     

    (o)        if the Securities of the series are
        to be issuable in definitive form (whether upon original issue or upon exchange of a temporary Security of such series) only upon receipt of certain certificates or other documents or satisfaction of other conditions, the form and terms of such
        certificates, documents or conditions;

     

    (p)          any trustees, depositaries,
        authenticating or paying agents, transfer agents or the registrar or any other agents with respect to the Securities of the series;

     

    (q)        provisions, if any, for the
        defeasance of the Securities of the series (including provisions permitting defeasance of less than all Securities of the series), which provisions may be in addition to, in substitution for, or in modification of (or any combination of the
        foregoing) the provisions of Article 8;

     

    (r)          if the Securities of the series
        are issuable in whole or in part as one or more Registered Global Securities or Unregistered Securities in global form, the identity of the Depositary or common Depositary for such Registered Global Security or Securities or Unregistered Securities
        in global form;

     

    (s)          any other Events of Default or
        covenants with respect to the Securities of the series;

     

    (t)           the terms and conditions, if any,
        pursuant to which the Securities of the series are secured; and

     

    (u)        any other terms of the Securities of
        the series (which terms shall not be inconsistent with the provisions of this Indenture except as permitted by Article 9).

     

    All Securities of any one series and coupons, if any, appertaining thereto shall be substantially identical, except in the case
      of Registered Securities as to date and denomination, except in the case of any Periodic Offering and except as may otherwise be provided by or pursuant to the Board Resolution referred to above or as set forth in any such indenture supplemental
      hereto. All Securities of any one series need not be issued at the same time and may be issued from time to time, consistent with the terms of this Indenture, if so provided by or pursuant to such Board Resolution or in any such indenture
      supplemental hereto and any forms and terms of Securities to be issued from time to time may be completed and established from time to time prior to the issuance thereof by procedures described in such Board Resolution or supplemental indenture.

     

    
      10

      
        

    

    Unless otherwise expressly provided with respect to a series of Securities, the aggregate Principal amount of a series of
      Securities may be increased and additional Securities of such series may be issued up to the maximum aggregate Principal amount authorized with respect to such series as increased.

     

    Section 2.04       Denomination and Date of Securities;
        Payments of Interest. The Securities of each series shall be issuable as Registered Securities or Unregistered Securities in denominations established as contemplated by Section 2.03 or, if not so established with respect to Securities of
      any series, in denominations of $2,000 and any integral multiple of $1,000 in excess thereof. The Securities of each series shall be numbered, lettered or otherwise distinguished in such manner or in accordance with such plan as the Officers of the
      Company executing the same may determine, as evidenced by their execution thereof.

     

    Unless otherwise specified with respect to a series of Securities, each Security shall be dated the date of its authentication.
      The Securities of each series shall bear interest, if any, from the date, and such interest and shall be payable on the dates, established as contemplated by Section 2.03.

     

    The person in whose name any Registered Security of any series is registered at the close of business on any record date
      applicable to a particular series with respect to any interest payment date for such series shall be entitled to receive the interest, if any, payable on such interest payment date notwithstanding any transfer or exchange of such Registered Security
      subsequent to the record date and prior to such interest payment date, except if and to the extent the Company shall default in the payment of the interest due on such interest payment date for such series, in which case the provisions of Section
      2.13 shall apply. The term “record date” as used with respect to any interest payment date (except a date for payment of defaulted interest) for the Securities of any series shall mean the date specified as
      such in the terms of the Registered Securities of such series established as contemplated by Section 2.03, or, if no such date is so established, the fifteenth day next preceding such interest payment date, whether or not such record date is a
      Business Day.

     

    Section 2.05        Registrar and Paying Agent; Agents
        Generally. The Company shall maintain an office or agency where Securities may be presented for registration, registration of transfer or for exchange (the “Registrar”) and an office
      or agency where Securities may be presented for payment (the “Paying Agent”), which shall be in the Borough of Manhattan, The City of New York. The Company shall cause the Registrar to keep a
      register of the Registered Securities and of their registration, transfer and exchange (the “Security Register”). The Company may have one or more additional Paying Agents or transfer agents
      with respect to any series.

     

    
      11

      
        

    

    The Company shall enter into an appropriate agency agreement with any Agent not a party to this Indenture. The agreement shall
      implement the provisions of this Indenture and the Trust Indenture Act that relate to such Agent. The Company shall give prompt written notice to the Trustee of the name and address of any Agent and any change in the name or address of an Agent. If
      the Company fails to maintain a Registrar or Paying Agent, the Trustee shall act as such. The Company may remove any Agent upon written notice to such Agent and the Trustee; provided that no such removal
      shall become effective until (i) the acceptance of an appointment by a successor Agent to such Agent as evidenced by an appropriate agency agreement entered into by the Company and such successor Agent and delivered to the Trustee or (ii)
      notification to the Trustee that the Trustee shall serve as such Agent until the appointment of a successor Agent in accordance with clause (i) of this proviso. The Company or any Affiliate of the Company may act as Paying Agent or Registrar; provided that neither the Company nor an Affiliate of the Company shall act as Paying Agent in connection with the defeasance of the Securities or the discharge of this Indenture under Article 8.

     

    The Company initially appoints the Trustee as Registrar and Paying Agent. If, at any time, the Trustee is not the Registrar, the
      Registrar shall make available to the Trustee ten days prior to each interest payment date and at such other times as the Trustee may reasonably request the names and addresses of the Holders as they appear in the Security Register.

     

    Section 2.06        Paying Agent to Hold Money in Trust. Not

      later than 10:00 a.m. New York City time on each due date or, in the case of Unregistered Securities, 10:00 a.m. New York City time on the Business Day prior to the due date, of any Principal or interest on any Securities, the Company shall deposit
      with the Paying Agent money in immediately available funds sufficient to pay such Principal or interest. The Company shall require each Paying Agent other than the Trustee to agree in writing that such Paying Agent shall hold in trust for the benefit
      of the Holders of such Securities or the Trustee all money held by the Paying Agent for the payment of Principal of and interest on such Securities and shall promptly notify the Trustee of any default by the Company in making any such payment. The
      Company at any time may require a Paying Agent to pay all money held by it to the Trustee and account for any funds disbursed, and the Trustee may at any time during the continuance of any payment default, upon written request to a Paying Agent,
      require such Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed. Upon doing so, the Paying Agent shall have no further liability for the money so paid over to the Trustee. If the Company or any Affiliate of
      the Company acts as Paying Agent, it will, on or before each due date of any Principal of or interest on any Securities, segregate and hold in a separate trust fund for the benefit of the Holders thereof a sum of money sufficient to pay such
      Principal or interest so becoming due until such sum of money shall be paid to such Holders or otherwise disposed of as provided in this Indenture, and will promptly notify the Trustee in writing of its action or failure to act as required by this
      Section.

     

    Section 2.07          Transfer and Exchange. Unregistered

      Securities (except for any temporary global Unregistered Securities) and coupons (except for coupons attached to any temporary global Unregistered Securities) shall be transferable by delivery.

     

    
      12

      
        

    

    At the option of the Holder thereof, Registered Securities of any series (other than a Registered Global Security, except as set
      forth below) may be exchanged for a Registered Security or Registered Securities of such series and tenor having authorized denominations and an equal aggregate Principal amount, upon surrender of such Registered Securities to be exchanged at the
      agency of the Company that shall be maintained for such purpose in accordance with Section 2.05 and upon payment, if the Company shall so require, of the charges hereinafter provided. If the Securities of any series are issued in both registered and
      unregistered form, except as otherwise established pursuant to Section 2.03, at the option of the Holder thereof, Unregistered Securities of any series may be exchanged for Registered Securities of such series and tenor having authorized
      denominations and an equal aggregate Principal amount, upon surrender of such Unregistered Securities to be exchanged at the agency of the Company that shall be maintained for such purpose in accordance with Section 4.02, with, in the case of
      Unregistered Securities that have coupons attached, all unmatured coupons and all matured coupons in default thereto appertaining, and upon payment, if the Company shall so require, of the charges hereinafter provided. At the option of the Holder
      thereof, if Unregistered Securities of any series, maturity date, interest rate and original issue date are issued in more than one authorized denomination, except as otherwise established pursuant to Section 2.03, such Unregistered Securities may be
      exchanged for Unregistered Securities of such series and tenor having authorized denominations and an equal aggregate Principal amount, upon surrender of such Unregistered Securities to be exchanged at the agency of the Company that shall be
      maintained for such purpose in accordance with Section 4.02, with, in the case of Unregistered Securities that have coupons attached, all unmatured coupons and all matured coupons in default thereto appertaining, and upon payment, if the Company
      shall so require, of the charges hereinafter provided. Registered Securities of any series may not be exchanged for Unregistered Securities of such series. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the
      Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to receive.

     

    Upon surrender for registration of transfer of any Registered Security of a series at the agency of the Company that shall be
      maintained for that purpose in accordance with Section 2.05 and upon payment, if the Company shall so require, of the charges hereinafter provided, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the
      designated transferee or transferees, one or more new Registered Securities of the same series, of any authorized denominations and of like tenor and aggregate Principal amount.

     

    All Registered Securities presented for registration of transfer, exchange, redemption or payment shall be duly endorsed by, or
      be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company and the Trustee duly executed by, the holder or his attorney duly authorized in writing.

     

    The Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in
      connection with any exchange or registration of transfer of Securities. No service charge shall be made for any such transaction.

     

    Notwithstanding any other provision of this Section 2.07, unless and until it is exchanged in whole or in part for Securities in
      definitive registered form, a Registered Global Security representing all or a portion of the Securities of a series may not be transferred except as a whole by the Depositary for such series to a nominee of such Depositary or by a nominee of such
      Depositary to such Depositary or another nominee of such Depositary or by such Depositary or any such nominee to a successor Depositary for such series or a nominee of such successor Depositary.

     

    If at any time the Depositary for any Registered Global Securities of any series notifies the Company that it is unwilling or
      unable to continue as Depositary for such Registered Global Securities or if at any time the Depositary for such Registered Global Securities shall no longer be eligible under applicable law, the Company shall appoint a successor Depositary eligible
      under applicable law with respect to such Registered Global Securities. If a successor Depositary eligible under applicable law for such Registered Global Securities is not appointed by the Company within 90 days after the Company receives such
      notice or becomes aware of such ineligibility, the Company will execute, and the Trustee, upon receipt of the Company’s order for the authentication and any deliverables required under this Article 2 and delivery of definitive Registered Securities
      of such series and tenor, will authenticate and deliver Registered Securities of such series and tenor, in any authorized denominations, in an aggregate Principal amount equal to the Principal amount of such Registered Global Securities, in exchange
      for such Registered Global Securities.

     

    
      13

      
        

    

    The Company may at any time and in its sole discretion and subject to the procedures of the Depositary determine that any
      Registered Global Securities of any series shall no longer be maintained in global form. In such event the Company will execute, and the Trustee, upon receipt of the Company’s order for the authentication and delivery of definitive Registered
      Securities of such series and tenor, will authenticate and deliver, Registered Securities of such series and tenor in any authorized denominations, in an aggregate Principal amount equal to the Principal amount of such Registered Global Securities,
      in exchange for such Registered Global Securities.

     

    Any time the Registered Securities of any series are not in the form of Registered Global Securities pursuant to the preceding
      two paragraphs, the Company agrees to supply the Trustee with a reasonable supply of certificated Registered Securities without the legend required by Section 2.02 and the Trustee agrees to hold such Registered Securities in safekeeping until
      authenticated and delivered pursuant to the terms of this Indenture.

     

    If established by the Company pursuant to Section 2.03 with respect to any Registered Global Security, the Depositary for such
      Registered Global Security may surrender such Registered Global Security in exchange in whole or in part for Registered Securities of the same series and tenor in definitive registered form on such terms as are acceptable to the Company and such
      Depositary. Thereupon, the Company shall execute, and the Trustee shall authenticate and deliver, without service charge,

     

    (a)         to the Person specified by such
        Depositary new Registered Securities of the same series and tenor, of any authorized denominations as requested by such Person, in an aggregate principal amount equal to and in exchange for such Person’s beneficial interest in the Registered Global
        Security; and

     

    (b)        to such Depositary a new Registered
        Global Security in a denomination equal to the difference, if any, between the principal amount of the surrendered Registered Global Security and the aggregate principal amount of Registered Securities authenticated and delivered pursuant to clause
        (a) above.

     

    Registered Securities issued in exchange for a Registered Global Security pursuant to this Section 2.07 shall be registered in
      such names and in such authorized denominations as the Depositary for such Registered Global Security, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee or an agent of the Company or the
      Trustee. The Trustee or such agent shall deliver such Securities to or as directed by the Persons in whose names such Securities are so registered.

     

    
      14

      
        

    

    All Securities issued upon any transfer or exchange of Securities shall be valid obligations of the Company, evidencing the same
      debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange.

     

    Neither the Trustee, any agent of the Trustee nor any Agent shall have any responsibility or liability for any actions taken or
      not taken by the Depositary.

     

    Notwithstanding anything herein or in the forms or terms of any Securities to the contrary, none of the Company, the Trustee or
      any agent of the Company or the Trustee shall be required to exchange any Unregistered Security for a Registered Security if such exchange would result in adverse federal income tax consequences to the Company (such as, for example, the inability of
      the Company to deduct from its income, as computed for federal income tax purposes, the interest payable on the Unregistered Securities) under then applicable United States federal income tax laws. The Trustee and any such agent shall be entitled to
      request and conclusively rely on an Officers’ Certificate or an Opinion of Counsel in determining such result.

     

    The Company and the Registrar shall not be required (i) to issue, authenticate, register the transfer of or exchange Securities
      of any series for a period beginning at the opening of 15 Business Days before the mailing of a notice of redemption of such Securities to be redeemed and ending at the close of business on the day such notice of redemption is mailed or (ii) to
      register the transfer of or exchange any Security so selected for redemption in whole or in part.

     

    Neither the Registrar nor the Trustee shall have any 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 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 2.08          Replacement Securities. If any
      mutilated Security or a Security with a mutilated coupon appertaining to it is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver, in exchange for such mutilated Security or in exchange for the
      Security to which a mutilated coupon appertains, a new Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding, with coupons corresponding to the coupons, if any, appertaining to such
      mutilated Security or to the Security to which such mutilated coupon appertains.

     

    If there shall be delivered to the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or theft
      of any Security or coupon and (ii) such security or indemnity as may be required by them to save each of them and any agent of any of them harmless, then, in the absence of notice to the Company or the Trustee that such Security or coupon has been
      acquired by a bona fide purchaser, the Company shall execute and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security or in exchange for the Security to which a destroyed, lost or stolen coupon appertains
      (with all appurtenant coupons not destroyed, lost or stolen), a new Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding, with coupons corresponding to the coupons, if any,
      appertaining to such destroyed, lost or stolen Security or to the Security to which such destroyed, lost or stolen coupon appertains.

     

    
      15

      
        

    

    In case any such mutilated, destroyed, lost or stolen Security or coupon has become or is about to become due and payable, the
      Company in its discretion may, instead of issuing a new Security, pay such Security or coupon (without surrender thereof except in the case of a mutilated Security or coupon) if the applicant for such payment shall furnish to the Company and the
      Trustee such security or indemnity as may be required by them to save each of them and any agent of any of them harmless, and in the case of destruction, loss or theft, evidence satisfactory to the Company and the Trustee and any agent of them of the
      destruction, loss or theft of such Security and the ownership thereof; provided, however, that the Principal of and any interest on Unregistered Securities shall,
      except as otherwise provided in Section 4.02, be payable only at an office or agency located outside the United States of America.

     

    Upon the issuance of any new Security under this Section, the Company may require 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.

     

    Every new Security of any series, with its coupons, if any, issued pursuant to this Section in lieu of any destroyed, lost or
      stolen Security or in exchange for any mutilated Security, or in exchange for a Security to which a mutilated, destroyed, lost or stolen coupon appertains, shall constitute an original additional contractual obligation of the Company, whether or not
      the mutilated, destroyed, lost or stolen Security and its coupons, if any, or the mutilated, destroyed, lost or stolen coupon shall be at any time enforceable by anyone, and any such new Security and coupons, if any, shall be entitled to all the
      benefits of this Indenture equally and proportionately with any and all other Securities of that series and their coupons, if any, duly issued hereunder.

     

    The provisions of this Section are exclusive and shall preclude (to the extent lawful) any other rights and remedies with respect
      to the replacement or payment of mutilated, destroyed, lost or stolen Securities or coupons.

     

    Section 2.09        Outstanding Securities. Securities

      outstanding at any time are all Securities that have been authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation, those paid pursuant to Section 2.08, those described in this Section 2.09 as not
      outstanding and those that have been defeased pursuant to Section 8.06.

     

    If a Security is replaced pursuant to Section 2.08, it ceases to be outstanding unless and until the Trustee and the Company
      receive proof satisfactory to them that the replaced Security is held by a holder in due course.

     

    If the Paying Agent (other than the Company or an Affiliate of the Company) holds on the maturity date or any redemption date or
      date for repurchase of the Securities money sufficient to pay Securities payable or to be redeemed or repurchased on that date, then on and after that date such Securities cease to be outstanding and interest on them shall cease to accrue.

     

    
      16

      
        

    

    A Security does not cease to be outstanding because the Company or one of its Affiliates holds such Security, provided, however, that, in determining whether the Holders of the requisite principal amount of the outstanding Securities have given any request, demand, authorization,
      direction, notice, consent or waiver hereunder, Securities owned by the Company or any Affiliate of the Company shall be disregarded and deemed not to be outstanding, except that, in determining whether the Trustee shall be protected in relying upon
      any such request, demand, authorization, direction, notice, consent or waiver, only Securities as to which a Responsible Officer of the Trustee has received written notice to be so owned shall be so disregarded. Any Securities so owned which are
      pledged by the Company, or by any Affiliate of the Company, as security for loans or other obligations, otherwise than to another such Affiliate of the Company, shall be deemed to be outstanding, if the pledgee is entitled pursuant to the terms of
      its pledge agreement and is free to exercise in its or his discretion the right to vote such securities, uncontrolled by the Company or by any such Affiliate.

     

    Section 2.10      Temporary Securities. Until
      definitive Securities of any series are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary Securities of such series. Temporary Securities of any series shall be substantially in the form of definitive Securities
      of such series but may have insertions, substitutions, omissions and other variations determined to be appropriate by the Officers executing the temporary Securities, as evidenced by their execution of such temporary Securities. If temporary
      Securities of any series are issued, the Company will cause definitive Securities of such series to be prepared without unreasonable delay. After the preparation of definitive Securities of any series, the temporary Securities of such series shall be
      exchangeable for definitive Securities of such series and tenor upon surrender of such temporary Securities at the office or agency of the Company designated for such purpose pursuant to Section 4.02, without charge to the Holder. Upon surrender for
      cancellation of any one or more temporary Securities of any series the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a like principal amount of definitive Securities of such series and tenor and authorized
      denominations. Until so exchanged, the temporary Securities of any series shall be entitled to the same benefits under this Indenture as definitive Securities of such series.

     

    Section 2.11         Cancellation. The Company at
      any time may deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee for cancellation any Securities
      previously authenticated hereunder which the Company has not issued and sold. The Registrar, any transfer agent and the Paying Agent shall forward to the Trustee any Securities surrendered to them for transfer, exchange or payment. The Trustee shall
      cancel and dispose of in accordance with its retention policy then in effect all Securities surrendered for transfer, exchange, payment or cancellation and shall, upon written request of the Company, deliver a certificate of disposition to the
      Company. The Company may not issue new Securities to replace Securities it has paid in full or delivered to the Trustee for cancellation.

     

    Section 2.12          CUSIP Numbers. The Company in
      issuing the Securities may use “CUSIP” and “CINS” numbers (if then generally in use), and the Trustee shall use CUSIP numbers or CINS numbers, as the case may be, in notices of redemption or exchange as a convenience to Holders and no representation
      shall be made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of redemption or exchange. The Company will promptly notify the Trustee in writing of any change in the CUSIP or CINS numbers.

     

    
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    Section 2.13          Defaulted Interest. If the Company defaults in a payment of interest on the Registered Securities, it shall pay, or shall deposit with the Paying Agent money in immediately available funds sufficient to pay, the
        defaulted interest plus (to the extent lawful) any interest payable on the defaulted interest (as may be specified in the terms thereof, established pursuant to Section 2.03) to the Persons who are Holders on a subsequent special record date, which
        shall mean the 15th day next preceding the date fixed by the Company for the payment of defaulted interest, whether or not such day is a Business Day. At least 15 days before such special record date, the Company shall mail to each Holder of such
        Registered Securities and to the Trustee a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

     

    Section 2.14          Series May Include Tranches. A
      series of Securities may include one or more tranches (each a “tranche”) of Securities, including Securities issued in a Periodic Offering. The Securities of different tranches may have one or
      more different terms, including authentication dates and public offering prices, but all the Securities within each such tranche shall have identical terms, including authentication date and public offering price. Notwithstanding any other provision
      of this Indenture, with respect to Sections 2.02 (other than the fourth, sixth and seventh paragraphs thereof) through 2.04, 2.07, 2.08, 2.10, 3.01 through 3.03, 4.02, 6.01 through 6.14, 8.01 through 8.08, 9.02 and 10.07, if any series of Securities
      includes more than one tranche, all provisions of such sections applicable to any series of Securities shall be deemed equally applicable to each tranche of any series of Securities in the same manner as though originally designated a series unless
      otherwise provided with respect to such series or tranche pursuant to Section 2.03. In particular, and without limiting the scope of the next preceding sentence, any of the provisions of such sections which provide for or permit action to be taken
      with respect to a series of Securities shall also be deemed to provide for and permit such action to be taken instead only with respect to Securities of one or more tranches within that series (and such provisions shall be deemed satisfied thereby),
      even if no comparable action is taken with respect to Securities in the remaining tranches of that series.

     

    ARTICLE 3

    Redemption

     

    Section 3.01          Applicability of Article. The
      provisions of this Article 3 shall be applicable to the Securities of any series which are redeemable before their maturity or to any sinking fund for the retirement of Securities of a series except as otherwise specified as contemplated by Section
      2.03 for Securities of such series.

     

    Section 3.02          Notice of Redemption; Partial
        Redemptions. Notice of redemption to the Holders of Registered Securities of any series to be redeemed as a whole or in part at the option of the Company shall be given by mailing notice of such redemption by first class mail, postage
      prepaid, or by electronic transmission in the case of Securities held in book-entry form, at least 30 days and not more than 60 days prior to the date fixed for redemption to such Holders of Registered Securities of such series at their last
      addresses as they shall appear upon the registry books. Notice of redemption to the Holders of Unregistered Securities of any series to be redeemed as a whole or in part who have filed their names and addresses with the Trustee pursuant to Section
      313(c)(2) of the Trust Indenture Act, shall be given by mailing notice of such redemption, by first class mail, postage prepaid, or by electronic transmission in the case of Securities held in book-entry form, at least 30 days and not more than 60
      days prior to the date fixed for redemption, to such Holders at such addresses as were so furnished to the Trustee (and, in the case of any such notice given by the Company, the Trustee shall make such information available to the Company for such
      purpose). Any notice which is mailed or sent in the manner herein provided shall be conclusively presumed to have been duly given and is effective, whether or not the Holder receives the notice and any defect in notice shall not affect the validity
      of the notices properly given. Failure to give notice by mail, or any defect in the notice to the Holder of any Security of a series designated for redemption as a whole or in part shall not affect the validity of the proceedings for the redemption
      of any other Security of such series.

     

    
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    The notice of redemption to each such Holder shall specify the name of the Securities including the series and issue date, the
      principal amount of each Security of such series held by such Holder to be redeemed, the CUSIP numbers of the Securities to be redeemed, the interest rate of the Securities to be redeemed, the maturity date of the Securities to be redeemed, the
      certificate number of the Securities to be redeemed, the date fixed for redemption, whether the redemption is subject to any conditions precedent, the redemption price, or if not then ascertainable, the manner of calculation thereof, the place or
      places of payment, that payment will be made upon presentation and surrender of such Securities at the place of payment and, in the case of Securities with coupons attached thereto, of all coupons appertaining thereto maturing after the date fixed
      for redemption, that such redemption is pursuant to the mandatory or optional sinking fund, or both, if such be the case, that interest accrued to the date fixed for redemption will be paid as specified in such notice and that on and after said date
      interest thereon or on the portions thereof to be redeemed will cease to accrue. In case any Security of a series is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and
      shall state that on and after the date fixed for redemption, upon surrender of such Security, a new Security or Securities of such series and tenor in principal amount equal to the unredeemed portion thereof will be issued.

     

    The notice of redemption of Securities of any series to be redeemed at the option of the Company shall be given by the Company
      or, at the Company’s written request, at least ten calendar days before the notice of redemption is required to be sent to the Holder (or such shorter period as shall be acceptable to the Trustee) if all of the outstanding Securities are to be
      redeemed, or if less than all the outstanding Securities of a series are to be redeemed, by the Trustee in the name and at the expense of the Company.

     

    Once notice of redemption is delivered in accordance with Section 3.02 hereof, Securities called for redemption become
      irrevocably due and payable on the redemption date at the redemption price, provided that, redemptions and notices of redemption may, at the Company’s discretion, be conditioned on one or more conditions precedent, including, but not limited to,
      completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control of the Company or another entity). The
      date of redemption may, at the Company’s discretion, be delayed until such time as any or all such conditions shall be satisfied or waived. Such notice may be rescinded in the event that any or all such conditions shall not have been satisfied or
      waived by the date of redemption or by the date of redemption as so delayed. To effect a delay in the date of redemption or a rescission of redemption, the Company shall (i) furnish (within the time frames provided for in the next sentence) to the
      Trustee an Officers’ Certificate identifying the redemption and notice of redemption being delayed or rescinded, as applicable, and setting forth the conditions precedent that were not satisfied or waived and (ii) mail by first class mail or deliver,
      or cause to be mailed by first class mail or delivered, a notice of delay of redemption or a notice of rescission of redemption, as applicable, to each Holder whose Securities were to have been redeemed at its registered address. If the Company will
      mail or deliver the notice of delay of redemption or the notice of rescission of redemption, as applicable, then the Officers’ Certificate shall be provided to the Trustee not less than two (2) Business Days prior to the date of redemption or delayed
      date of redemption, as applicable; if the Company request the Trustee to mail or deliver the notice of delay of redemption or the notice of rescission of redemption, as applicable, then the Officers’ Certificate shall be provided to the Trustee not
      less than three (3) Business Days prior to the date of redemption or delayed date of redemption, as applicable, and the Officers’ Certificate shall, in addition to the matters provided for in the preceding sentence, request that the Trustee give such
      notice and set forth the information to be stated in such notice.

     

    
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    If given in the manner provided for in Section 3.02, the notice of redemption shall be conclusively presumed to have been given
      whether or not a Holder receives such notice. Failure to give timely notice or any defect in the notice shall not affect the validity of the redemption.

     

    On or before 10:00 a.m. New York City time on the redemption date or, in the case of Unregistered Securities, on or before 10:00
      a.m. New York City time on the Business Day prior to the redemption date specified in the notice of redemption given as provided in this Section, the Company will deposit with the Trustee or with one or more Paying Agents (or, if the Company is
      acting as its own Paying Agent, set aside, segregate and hold in trust as provided in Section 2.06) an amount of money sufficient to redeem on the redemption date all the Securities of such series so called for redemption at the appropriate
      redemption price, together with accrued interest to the date fixed for redemption. If money sufficient to redeem on the redemption date all of the Securities of such series so called for redemption at the appropriate redemption price is not received
      by the Trustee by the redemption date, a notice revoking such redemption shall be sent in the same manner as the redemption notice and no Event of Default shall exist. If all of the outstanding Securities of a series are to be redeemed, the Company
      will deliver to the Trustee at least 10 days prior to the last date on which notice of redemption may be given to Holders pursuant to the first paragraph of this Section 3.02 (or such shorter period as shall be acceptable to the Trustee) an Officers’
      Certificate stating that all such Securities are to be redeemed. If less than all the outstanding Securities of a series are to be redeemed, the Company will deliver to the Trustee at least 45 days prior to the redemption date (or such shorter period
      as shall be acceptable to the Trustee) an Officers’ Certificate stating the aggregate principal amount of such Securities to be redeemed and requesting that the Trustee select the Securities to be redeemed, which the Trustee may do subject to
      customary procedures and guidelines of the Depositary. In the case of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (b)
      pursuant to an election of the Company which is subject to a condition specified in the terms of such Securities or elsewhere in this Indenture, the Company shall deliver to the Trustee, prior to the giving of any notice of redemption to Holders
      pursuant to this Section, an Officers’ Certificate evidencing compliance with such restriction or condition.

     

    
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    If less than all the Securities of a series are to be redeemed, the Trustee shall select in accordance with the applicable
      procedures of the Depositary and in authorized denominations, Securities of such series to be redeemed in whole or in part. Securities may be redeemed in part in principal amounts equal to authorized denominations for Securities of such series. The
      Trustee shall promptly notify the Company in writing of the Securities of such series selected for redemption and, in the case of any Securities of such series selected for partial redemption, the principal amount thereof to be redeemed. For all
      purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Security redeemed or to be redeemed only in part, to the portion of the principal amount of
      such Security which has been or is to be redeemed.

     

    Section 3.03        Payment of Securities Called for
        Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities 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 the date fixed for redemption, and on and after such date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to such date)
      interest on the Securities or portions of Securities so called for redemption shall cease to accrue, and the unmatured coupons, if any, appertaining thereto shall be void and, except as provided in Sections 7.12 and 8.03, such Securities shall cease
      from and after the date fixed for redemption to be entitled to any benefit under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to
      the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, together with all coupons, if any, appertaining thereto maturing after the date fixed for redemption, said Securities or
      the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that payment of interest becoming due on or prior to the
      date fixed for redemption shall be payable in the case of Securities with coupons attached thereto, to the Holders of the coupons for such interest upon surrender thereof, and in the case of Registered Securities, to the Holders of such Registered
      Securities registered as such on the relevant record date subject to the terms and provisions of Sections 2.04 and 2.13 hereof.

     

    If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid
      or duly provided for, bear interest from the date fixed for redemption at the rate of interest or Yield to Maturity (in the case of an Original Issue Discount Security) borne by such Security.

     

    If any Security with coupons attached thereto is surrendered for redemption and is not accompanied by all appurtenant coupons
      maturing after the date fixed for redemption, the surrender of such missing coupon or coupons may be waived by the Company and the Trustee, if there be furnished to each of the Company and the Trustee such security or indemnity as they may require to
      save each of them harmless.

     

    Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall
      authenticate and deliver to or on the order of the Holder thereof, at the expense of the Company, a new Security or Securities of such series and tenor (with any unmatured coupons attached), of authorized denominations, in principal amount equal to
      the unredeemed portion of the Security so presented.

     

    
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    ARTICLE 4

    Covenants

     

    Section 4.01          Payment of Securities. The
      Company shall pay the Principal of and interest on the Securities on the dates and in the manner provided in the Securities and this Indenture. The interest on Securities with coupons attached (together with any additional amounts payable pursuant to
      the terms of such Securities) shall be payable only upon presentation and surrender of the several coupons for such interest installments as are evidenced thereby as they severally mature. The interest on any temporary Unregistered Securities
      (together with any additional amounts payable pursuant to the terms of such Securities) shall be paid, as to the installments of interest evidenced by coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the
      other installments of interest, if any, only upon presentation of such Unregistered Securities for notation thereon of the payment of such interest. The interest on Registered Securities (together with any additional amounts payable pursuant to the
      terms of such Securities) shall be payable only to the Holders thereof (subject to Section 2.04) and at the option of the Company may be paid by mailing checks for such interest payable to or upon the written order of such Holders at their last
      addresses as they appear on the Security Register of the Company.

     

    Notwithstanding any provisions of this Indenture and the Securities of any series to the contrary, if the Company and a Holder of
      any Registered Security so agree, payments of interest on, and any portion of the Principal of, such Holder’s Registered Security (other than interest payable at maturity or on any redemption or repayment date or the final payment of Principal on
      such Security) shall be made by the Paying Agent, upon receipt from the Company of immediately available funds by 11:00 A.M., New York City time on the date of payment (or such other time as may be agreed to between the Company and the Paying Agent),
      directly to the Holder of such Security (by Federal funds wire transfer or otherwise) if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment will be so made and designating the
      bank account to which such payments shall be so made and in the case of payments of Principal, surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed principal amount of the
      Securities surrendered. The Trustee shall be entitled to conclusively rely on the last instruction delivered by the Holder pursuant to this Section 4.01 unless a new instruction is delivered 15 days prior to a payment date. The Company will indemnify
      and hold each of the Trustee and any Paying Agent harmless against any loss, liability or expense (including attorneys’ fees and expenses) resulting from any act or omission to act on the part of the Company or any such Holder in connection with any
      such agreement or from making any payment in accordance with any such agreement.

     

    The Company shall pay interest on overdue Principal, and interest on overdue installments of interest, to the extent lawful, at
      the rate per annum specified in the Securities.

     

    Section 4.02          Maintenance of Office or Agency. The

      Company will maintain in the United States of America, an office or agency where Securities may be surrendered for registration of transfer or exchange or for presentation for payment. The Company hereby initially designates the Corporate Trust
      Office of the Trustee, located in New York, New York, as such office or agency of the Company. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the
      Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations and surrenders may be made or served at the address of the Trustee set forth in Section 10.02.

     

    
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    The Company will maintain one or more agencies in a city or cities located outside the United States of America (including any
      city in which such an agency is required to be maintained under the rules of any stock exchange on which the Securities of any series are listed) where the Unregistered Securities, if any, of each series and coupons, if any, appertaining thereto may
      be presented for payment. No payment on any Unregistered Security or coupon will be made upon presentation of such Unregistered Security or coupon at an agency of the Company within the United States of America nor will any payment be made by
      transfer to an account in, or by mail to an address in, the United States of America unless, pursuant to applicable United States laws and regulations then in effect, such payment can be made without adverse tax consequences to the Company.
      Notwithstanding the foregoing, if full payment in United States Dollars (“Dollars”) at each agency maintained by the Company outside the United States of America for payment on such Unregistered Securities or
      coupons appertaining thereto is illegal or effectively precluded by exchange controls or other similar restrictions, payments in Dollars of Unregistered Securities of any series and coupons appertaining thereto which are payable in Dollars may be
      made at an agency of the Company maintained in the United States of America.

     

    The Company may also from time to time designate one or more other offices or agencies where the Securities of any series may be
      presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided that no such designation or rescission shall in any manner relieve the Company of its
      obligation to maintain an office or agency in the United States of America for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office
      or agency.

     

    Section 4.03         Corporate Existence. Except as
      otherwise permitted by Article 5 hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence. This Section 4.03 shall not prohibit or restrict the Company from converting
      into a different form of legal entity.

     

    Section 4.04          Certificate to Trustee. The
      Company will furnish to the Trustee annually, on or before a date not more than 120 days after the end of its fiscal year (which, on the date hereof, is a calendar year), a brief certificate (which need not contain the statements required by Section
      10.04) from its principal executive or financial or accounting officer as to his or her knowledge of the compliance of the Company with all conditions and covenants under this Indenture (such compliance to be determined without regard to any period
      of grace or requirement of notice provided under this Indenture) which certificate shall comply with the requirements of the Trust Indenture Act.

     

    
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    Section 4.05       Reports by the Company. The Company covenants to file with the Trustee, within 15 days after the Company files the same with the Commission, copies of the annual reports and of the information, documents, and
        other reports which the Company may be required to file with the Commission pursuant to Section 13 or Section 15(d) of the Exchange Act. Delivery of such reports, information and documents to the Trustee is for informational purposes only and the
        Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the
        Trustee is entitled to rely exclusively on Officers’ Certificates);provided, however, that any such information, document or report filed with the Commission pursuant to its Electronic Data Gathering, Analysis and Retrieval (or EDGAR) system or any
        successor thereto shall be deemed to be filed with the Trustee; provided, further however, that the Trustee shall have no responsibility whatsoever for the timelines or content of any such filing or to determine whether such filing has occurred.

     

    ARTICLE 5

    Successor Corporation

     

    Section 5.01        Merger, Consolidation or Sale of Assets.
      The Company shall not consolidate with or sell, lease or convey all or substantially all of its properties or assets to, or merge with or into, in one transaction or a series of related transactions, any other Person, unless:

     

    (a)          The Company shall be the surviving
        Person, or the resulting, surviving or transferee Person (the “Successor”) shall be a corporation or limited liability company organized and existing under the laws of the United States of
        America, any State thereof, the District of Columbia, Australia, the Bahamas, Barbados, the British Virgin Islands, the Cayman Islands, any of the Channel Islands, France, Ireland, Luxembourg, the Netherlands, Switzerland, the United Kingdom or any
        member of the European Union, and the Successor (if not the Company) shall expressly assume, by supplemental indenture, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations of the Company under the
        Securities and this Indenture;

     

    (b)          immediately after giving effect to
        such transaction, no Default or Event of Default shall have occurred and be continuing; and

     

    (c)          the Company (or, if applicable,
        the Successor) shall have delivered, or cause to be delivered, to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that such consolidation, merger, sale, transfer, conveyance, lease or other disposition complies with the
        requirements of this Indenture and any supplemental indenture thereto, and an Opinion of Counsel stating that the Securities, the Indenture and any supplemental indenture thereto constitute valid and binding obligations of the Company (or, if
        applicable, the Successor) subject to customary exceptions.

     

    Section 5.02          Successor Substituted. Upon any
      consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the Successor may exercise every right and
      power of the Company under this Indenture with the same effect as if such Successor had been named as the Company herein and thereafter the predecessor Person, except in the case of a lease, shall be relieved of all obligations and covenants under
      this Indenture and the Securities.

     

    
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    ARTICLE 6

    Default and Remedies

     

    Section 6.01        Events of Default. Unless either
      inapplicable to a particular series or specifically deleted or modified in or pursuant to the supplemental indenture establishing such series of Securities, each of the following is an “Event of
        Default” with respect to each series of Securities:

     

    (a)          the Company defaults in the
        payment of interest on any Security of such series when the same becomes due and payable, and such default continues for a period of 30 days;

     

    (b)          the Company defaults in the
        payment of the Principal of, or premium, if any, on, any Security of such series when the same becomes due and payable at maturity, upon acceleration, redemption, or otherwise;

     

    (c)          a failure by the Company to
        observe or perform any other covenant or agreement in such series of Securities or this Indenture and the continuance of such failure for 90 days after receipt by the Company of notice of such failure, specifying such failure and requiring the same
        to be remedied, from the Trustee or Holders of at least 25% of the Principal amount of such series of Securities outstanding;

     

    (d)          a court having jurisdiction in the
        premises shall enter a decree or order for relief in respect of the Company in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee,
        custodian, trustee, sequestrator (or similar official) of the Company, or for any substantial part of its property or ordering the winding up or liquidation of its affairs, and such decree or order shall remain unstayed and in effect for a period
        of 90 consecutive days;

     

    (e)          the Company (i) commences a
        voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or consents to the entry of an order for relief in an involuntary case under any such law, (ii) consents to the appointment of or taking
        possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of the Company, for all or substantially all of the property and assets of the Company, or (iii) effects any general assignment for the benefit of
        creditors; or

     

    (f)          any other Event of Default
        established pursuant to Section 2.03 with respect to the Securities of such series occurs.

     

    No Event of Default with respect to a single series of Securities issued hereunder (and under or pursuant to any supplemental
      indenture, Officers’ Certificate or Board Resolution) specific to such series shall constitute an Event of Default with respect to any other series of Securities unless otherwise provided in this Indenture or any supplemental indenture, Officers’
      Certificate or Board Resolution with respect to any other series of Securities.

     

    
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    Section 6.02          Acceleration. If an Event of Default other than as described in clauses (d) or (e) of Section 6.01 with respect to the Securities of any series then outstanding occurs and is continuing, then, either the Trustee
        or the Holders of at least 25% in the Principal amount (or, if the Securities are Original Issue Discount Securities, such portion of the Principal as may be specified in the terms thereof established pursuant to Section 2.03) of the then
        outstanding Securities of such series may declare each Security of that series due and payable immediately without further action or notice. If an Event of Default as described in clauses (d) or (e) of Section 6.01 occurs with respect to the
        Company, the Securities of such series will immediately become due and payable without any declaration or other act on the part of the Trustee or the Holders of the Securities of such series. The Holders of a majority in Principal amount of
        Securities of such series may rescind any acceleration and its consequences (other than with respect to an Event of Default as described in clauses (d) or (e) of Section 6.01) if (1) the rescission would not conflict with any judgment or decree,
        (2) the Company has paid or deposited with the Trustee a sum sufficient to pay in the currency in which the Securities of that series are payable (A) all overdue interest, if any, on all outstanding Securities of that series, (B) all unpaid
        Principal of and premium, if any, on any outstanding Securities of that series which have become due otherwise than by such a declaration of acceleration, and interest on such unpaid Principal or premium at the rate or rates prescribed therefor in
        such Securities or, if no such rate or rates are so prescribed, at the rate borne by the Securities during the period of such default, and (C) to the extent that payment of such interest is enforceable under applicable law, interest upon overdue
        interest to that date of such payment or deposit at the rate or rates prescribed therefor in such Securities, or, if no such rate or rates are so prescribed, at the rate borne by the Securities during the period of such default and (3) all existing
        Events of Default (other than for nonpayment of Principal, premium, if any, or interest that has become due solely because of the acceleration) have been cured or waived.

     

    Section 6.03          Other Remedies. If a payment
      Default or an Event of Default with respect to the Securities of any series occurs and is continuing, the Trustee may pursue, in its own name or as trustee of an express trust, any available remedy by proceeding at law or in equity to collect the
      payment of Principal of and interest on the Securities of such series or to enforce the performance of any provision of the Securities of such series or this Indenture.

     

    The Trustee may maintain a proceeding even if it does not possess any of the Securities or does not produce any of them in the
      proceeding.

     

    Section 6.04          Waiver of Past Defaults. The
      Holders of a majority in aggregate Principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee under the Indenture. The
      Holders of a majority in aggregate Principal amount of the then outstanding Securities of any series also will be entitled to waive past defaults regarding such Securities, except for a default in payment of Principal of or premium, if any, or
      interest on such Securities or in respect of a covenant or provision that cannot be modified or amended hereunder without the consent of the Holder of each such Security.

     

    
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    Section 6.05          Control by Majority. The
      Holders of a majority in aggregate Principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee. The Holders of a majority in
      aggregate Principal amount of the then outstanding Securities of any series also will be entitled to waive past defaults regarding such Securities, except for a default in payment of Principal of or premium, if any, or interest on such Securities or
      in respect of a covenant or provision that cannot be modified or amended hereunder without the consent of the Holder of each such Security. The Trustee generally may not be ordered or directed by any of the Holders of Securities to take any action
      unless one or more of the Holders shall have offered to the Trustee indemnity or security satisfactory to it prior to taking such actions, and provided further than, the Trustee may refuse to follow any written direction of the Holders that conflicts
      with law or the Indenture, is unduly prejudicial to the rights of other Holders, or would involve the Trustee in personal liability.

     

    Section 6.06          Limitation on Suits. No Holder
      of any Security of any series may institute any proceeding, judicial or otherwise, with respect to this Indenture or the Securities of any series, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

     

    (a)          such Holder has previously given
        to the Trustee written notice of a continuing Event of Default with respect to the Securities of such series;

     

    (b)          the Holders of at least 25% in
        aggregate Principal amount of outstanding Securities of such series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;

     

    (c)          such Holder or Holders have
        offered to the Trustee indemnity satisfactory to the Trustee against any costs, liabilities or expenses to be incurred in compliance with such request;

     

    (d)          the Trustee for 60 days after its
        receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and

     

    (e)          during such 60-day period, the
        Holders of a majority in aggregate Principal amount of the outstanding Securities of such series have not given the Trustee a direction that is inconsistent with such written request.

     

    A Holder may not use this Indenture to prejudice the rights of another Holder or to obtain a preference or priority over such
      other Holder (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not such actions or forbearances are unduly prejudicial to such Holders).

     

    Section 6.07          Rights of Holders to Receive Payment. Notwithstanding

      any other provision of this Indenture, the right of any Holder of a Security to receive payment of Principal of or interest, if any, on such Holder’s Security on or after the respective due dates expressed on such Security, or to bring suit for the
      enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

     

    
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    Section 6.08          Collection Suit by Trustee. If
      an Event of Default with respect to the Securities of any series in payment of Principal or interest specified in clause (a) or (b) of Section 6.01 occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an
      express trust against the Company for the whole amount (or such portion thereof as specified in the terms established pursuant to Section 2.03 of Original Issue Discount Securities) of Principal of, and accrued interest remaining unpaid on, together
      with interest on overdue Principal of, and, to the extent that payment of such interest is lawful, interest on overdue installments of interest on, the Securities of such series, in each case at the rate or Yield to Maturity (in the case of Original
      Issue Discount Securities) specified in such Securities, and such further amount as shall be sufficient to cover all amounts owing the Trustee hereunder.

     

    Section 6.09          Trustee May File Proofs of Claim. The

      Trustee may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for amounts due the Trustee hereunder) and the Holders allowed in any judicial
      proceedings relative to the Company (or any other obligor on the Securities), its creditors or its property and shall be entitled and empowered to collect and receive any moneys, securities or other property payable or deliverable upon conversion or
      exchange of the Securities or upon any such claims and to distribute the same, and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to
      make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due to it hereunder. Nothing herein contained shall be deemed to empower the
      Trustee to authorize or consent to, or accept or adopt on behalf of any Holder, any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof, or to authorize the Trustee to vote in
      respect of the claim of any Holder in any such proceeding.

     

    Section 6.10         Application of Proceeds. Any
      moneys collected by the Trustee pursuant to this Article in respect of the Securities of any series 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 interest, upon presentation of the several Securities and coupons appertaining to such Securities in respect of which moneys have been collected and noting thereon the payment, or issuing Securities of such series and tenor in reduced
      principal amounts in exchange for the presented Securities of such series and tenor if only partially paid, or upon surrender thereof if fully paid:

     

    FIRST:          To the payment of all amounts
        due the Trustee (acting in any capacity) hereunder applicable to the Securities of such series in respect of which moneys have been collected;

     

    SECOND:      In case the principal of the
        Securities of such series in respect of which moneys have been collected shall not have become and be then due and payable, to the payment of interest on the Securities of such series in default in the order of the maturity of the installments of
        such interest, with interest (to the extent that such interest has been collected by the Trustee) upon the overdue installments of interest at the same rate as the rate of interest or Yield to Maturity (in the case of Original Issue Discount
        Securities) specified in such Securities, such payments to be made ratably to the persons entitled thereto, without discrimination or preference;

     

    
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    THIRD:          In case the principal of the
        Securities of such series in respect of which moneys have been collected shall have become and shall be then due and payable, to the payment of the whole amount then owing and unpaid upon all the Securities of such series for Principal and
        interest, with interest upon the overdue Principal, and (to the extent that such interest has been collected by the Trustee) upon overdue installments of interest at the same rate as the rate of interest or Yield to Maturity (in the case of
        Original Issue Discount Securities) specified in the Securities of such series; and in case such moneys shall be insufficient to pay in full the whole amount so due and unpaid upon the Securities of such series, then to the payment of such
        Principal and interest or Yield to Maturity, without preference or priority of Principal over interest or Yield to Maturity, or of interest or Yield to Maturity over Principal, or of any installment of interest over any other installment of
        interest, or of any Security of such series over any other Security of such series, ratably to the aggregate of such Principal and accrued and unpaid interest or Yield to Maturity; and

     

    FOURTH:       To the payment of the remainder,
        if any, to the Company or any other person lawfully entitled thereto.

     

    Section 6.11          Restoration of Rights and Remedies. If

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

     

    Section 6.12          Undertaking for Costs. 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, in either case in respect to the Securities of any series, a court may require any party
      litigant in such suit (other than the Trustee) to file an undertaking to pay the costs of the suit, and the court may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant (other than the Trustee) in
      the suit having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.12 does not apply to a suit by a Holder pursuant to Section 6.07, a suit instituted by the Trustee or a suit by Holders of
      more than 10% in Principal amount of the outstanding Securities of such series.

     

    Section 6.13         Rights and Remedies Cumulative. Except
      as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or wrongfully taken Securities in Section 2.08, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be
      exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The
      assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

     

    Section 6.14          Delay or Omission not Waiver. No
      delay or omission of the Trustee or of any Holder to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and
      remedy given by this Article 6 or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

     

    
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    ARTICLE 7

    Trustee

     

    Section 7.01          General. The duties and
      responsibilities of the Trustee shall be as provided by the Trust Indenture Act and as set forth herein.

     

    Notwithstanding the foregoing, no provision of this Indenture shall require the Trustee to expend or risk its own funds or
      otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, unless it receives indemnity satisfactory to it against any loss, liability or expense. Whether or not
      therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Article 7.

     

    Section 7.02          Certain Rights of Trustee. Subject
      to Trust Indenture Act Sections 315(a) through (d):

     

    (a)         the Trustee may conclusively rely
        and shall be protected in acting or refraining from acting upon any resolution, affidavit, certificate, Officers’ Certificate, Opinion of Counsel (or both), statement, instrument, opinion, report, notice, request, direction, consent, order, bond,
        debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper person or persons. The Trustee need not investigate any fact or matter stated in the
        document, but the Trustee may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books,
        records and premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation;

     

    (b)         before the Trustee acts or refrains
        from acting, it may require an Officers’ Certificate and/or an Opinion of Counsel, which shall conform to Section 10.04 and shall cover such other matters as the Trustee may reasonably request. The Trustee shall not be liable for any action it
        takes or omits to take in good faith in reliance on such certificate or opinion. Subject to Sections 7.01 and 7.02, whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be
        proved or established prior to taking or suffering or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of gross negligence or willful misconduct on the part
        of the Trustee, be deemed to be conclusively proved and established by an Officers’ Certificate delivered to the Trustee, and such certificate, in the absence of gross negligence or willful misconduct on the part of the Trustee, shall be full
        warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereof;

     

    
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    (c)          the Trustee may act through its
        attorneys and agents and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care;

     

    (d)          any request, direction, order or
        demand of the Company mentioned herein shall be sufficiently evidenced by an Officers’ Certificate (unless other evidence in respect thereof be herein specifically prescribed); and any Board Resolution may be evidenced to the Trustee by a copy
        thereof certified by the Secretary or an Assistant Secretary of the Company;

     

    (e)          the Trustee shall not be liable
        for any action taken or omitted by it in good faith at the direction of the Holders of not less than a majority in principal amount of the Securities as to the time, method, and place of conducting any proceedings for any remedy available to the
        Trustee or the exercising of any power conferred by the documents;

     

    (f)          any action taken, or omitted to be
        taken, by the Trustee in good faith pursuant to the documents upon the request or authority or consent of any person who, at the time of making such request or giving such authority or consent, is the Holder of any Security shall be conclusive and
        binding upon all future Holders of Securities and upon Securities executed and delivered in exchange therefore or in place thereof;

     

    (g)         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 Holders, unless such Holders shall have offered to the Trustee security or indemnity satisfactory to it against the
        costs, expenses and liabilities that might be incurred by it in compliance with such request or direction;

     

    (h)          the Trustee shall not be liable
        for any action it takes or omits to take in good faith that it believes to be authorized or within its rights or powers or for any action it takes or omits to take in accordance with the direction of the Holders in accordance with Section 6.05
        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;

     

    (i)          the Trustee may consult with
        counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon;

     

    (j)          prior to the occurrence of an
        Event of Default hereunder and after the curing or waiving of all Events of Default, the Trustee undertakes to perform such duties and only such duties as are specifically set forth in the Indenture and shall not be bound to make any investigation
        into the facts or matters stated in any resolution, certificate, Officers’ Certificate, Opinion of Counsel, Board Resolution, statement, instrument, opinion, report, notice, request, consent, order, approval, appraisal, bond, debenture, note,
        coupon, security, or other paper or document unless requested in writing so to do by the Holders of not less than a majority in aggregate Principal amount of the Securities of all series affected then outstanding; provided 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 indemnity satisfactory to it against such expenses or liabilities as a condition to proceeding;

     

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

     

    (l)           the Trustee shall not be deemed
        to have notice of any Default or Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof;

     

    (m)        the rights, privileges, protections,
        immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person
        employed to act hereunder;

     

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

     

    (o)          the Trustee may request that the
        Company deliver a certificate setting forth the names of individuals and/or titles of Officers authorized to take specified actions pursuant to this Indenture;

     

    (p)          during the existence of any Event
        of Default (which has not been cured), the Trustee shall exercise the rights, duties and powers vested in it with the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct
        of their own affairs;

     

    (q)          the Trustee shall not be
        answerable for other than its gross negligence or willful misconduct;

     

    (r)          the Trustee shall not be liable
        for an error of judgment made in good faith, unless it has been proven that the Trustee was negligent in ascertaining the pertinent facts;

     

    (s)          the Trustee undertakes to perform
        only such duties as are specifically set forth in the Indenture, and no implied duties shall be read into the Indenture against the Trustee;

     

    (t)          None of the provisions of this
        Indenture shall require the Trustee to expend or risk its own funds or otherwise to incur any liability, financial or otherwise, in the performance of any of its duties under this Indenture, or in the exercise of any of its rights or powers if it
        shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk or liability is not assured to it;

     

    
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    (u)          the Trustee has no liability or
        responsibility for the action or inaction of any Depositary; and

     

    (v)         the Trustee shall not be required
        to take notice or be deemed to have notice of any Event of Default, except failure to receive any of the payments required to be made to the Trustee, unless the Trustee shall be specifically notified in writing by the Company or by the Holders of
        at least 25% in aggregate principal amount of the Securities, and in the absence of such notice the Trustee may conclusively assume no default exists.

     

    Section 7.03         Individual Rights of Trustee. The

      Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not the Trustee. Any Agent may do the same with
      like rights. However, the Trustee is subject to Trust Indenture Act Sections 310(b) and 311. For purposes of Trust Indenture Act Section 311(b)(4) and (6), the following terms shall mean:

     

    (a)          “cash transaction” means any transaction in which full payment for goods or securities sold is made within seven days after delivery of the goods or securities in currency or in checks or other orders drawn upon banks or
        bankers and payable upon demand; and

     

    (b)          “self-liquidating paper” means any draft, bill of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing,
        shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares
        or merchandise previously constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising from the making, drawing, negotiating or incurring of the
        draft, bill of exchange, acceptance or obligation.

     

    Section 7.04          Trustee’s Disclaimer. The
      recitals contained herein and in the Securities (except the Trustee’s certificate of authentication) shall be taken as statements of the Company and not of the Trustee and the Trustee assumes no responsibility for the correctness of the same. Neither
      the Trustee nor any of its agents (a) makes any representation as to the validity or adequacy of this Indenture or the Securities, (b) shall be accountable for the Company’s use or application of the proceeds from the Securities or for any funds
      received and disbursed in accordance with the Indenture, (c) shall be responsible for the validity of the execution by the Company of the Indenture or any supplemental indenture thereto, and (d) shall be responsible or liable with respect to any
      information, statement or recital in the prospectus, prospectus supplement or other disclosure material prepared or distributed with respect to any of the Securities.

     

    
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    Section 7.05         Notice of Default. The Trustee
      shall not be required to take notice or be deemed to have notice of any Event of Default, except failure to receive any of the payments required to be made to the Trustee, unless the Trustee shall be specifically notified in writing by the Company or
      by the Holders of at least 25% in aggregate principal amount of the Securities, and in the absence of such notice the Trustee may conclusively assume no default exists. If any Default with respect to the Securities of any series occurs and is
      continuing and if the Trustee receives written notice of such Default from the Company or Holders of at least 25% in aggregate principal amount of the Securities, the Trustee shall give or cause to be given to each Holder of Securities of such series
      notice of such Default within 90 days after it occurs if any Securities of such series are then outstanding, unless such Default shall have been cured or waived before the distribution of such notice; provided, however, that, except in the case of a Default in the payment of the Principal of or interest on any Security, the Trustee shall be protected in withholding such
      notice if the Trustee in good faith determines that the withholding of such notice is in the interests of the Holders.

     

    Section 7.06          Reports by Trustee to Holders. The

      Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. If required by Section 313(a)
      of the Trust Indenture Act, the Trustee shall, within 60 days after each July 15 following the date of this Indenture, deliver to Holders a brief report, dated as of such July 15, which complies with the provisions of such Section 313(a).

     

    A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange
      upon which any Securities are listed, with the Commission and with the Company. The Company will promptly notify the Trustee in writing when any Securities are listed on any stock exchange and of any delisting thereof.

     

    Section 7.07          Compensation and Indemnity. The
      Company shall pay to the Trustee such compensation for its services as agreed in writing from time to time among the parties. The compensation of the Trustee shall not be limited by any law on compensation of a Trustee of an express trust. The
      Company shall reimburse the Trustee and any predecessor Trustee upon request for all reasonable out-of-pocket expenses, disbursements, expenditures and advances incurred or made by the Trustee or such predecessor Trustee. Such expenses shall include
      the reasonable compensation and expenses of the Trustee’s or such predecessor Trustee’s agents, counsel, consultants, other experts employed by it in its exercise and performance of its powers and duties as Trustee and other persons not regularly in
      their employ.

     

    The Company shall indemnify and defend the Trustee (acting in any capacity hereunder) and any predecessor Trustee for, and hold
      them harmless from and against, any and all loss, damage, claim, cost, liability or expense (including reasonable fees and expenses of counsel) suffered or incurred by them (without gross negligence or willful misconduct on the part of the Trustee as
      determined by a court of competent jurisdiction in a final non-appealable order) arising out of or in connection with the acceptance or administration of this Indenture and the Securities or the issuance of the Securities or of series thereof or the
      trusts hereunder and the performance of duties under this Indenture and the Securities, including the costs and expenses of defending themselves against or investigating any claim, charge, complaint, allegation, assertion or demand of any nature
      (whether asserted by the Company, a Holder or any other Person) or liability and of complying with any process served upon them or any of their officers in connection with the exercise or performance of any of their powers or duties under this
      Indenture and the Securities and of enforcing this Section 7.07.

     

    
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    To secure the Company’s payment obligations hereunder, the Trustee shall have a first lien on the trust estate with right of
      payment prior to payment on account of interest, principal and premium, if any, on the Securities for all administrative expenses, advances, disbursements, and counsel fees incurred or made in and about execution of the trusts and performance of the
      duties of the Trustee and for the cost and expense incurred in defending against any liability (unless such liability is adjudicated to have resulted from the negligence or willful misconduct of the Trustee).

     

    The obligations of the Company under this Section to compensate and indemnify the Trustee and each predecessor Trustee and to pay
      or reimburse the Trustee and each predecessor Trustee for expenses, disbursements and advances shall constitute additional indebtedness hereunder and shall survive the satisfaction and discharge of this Indenture or the rejection or termination of
      this Indenture under bankruptcy law or the removal or resignation of the Trustee. Such additional indebtedness shall be a senior claim to that of the Securities upon all property and funds held or collected by the Trustee as such, except funds held
      in trust for the benefit of the Holders of particular Securities or coupons, and the Securities are hereby subordinated to such senior claim. Without prejudice to any other rights available to the Trustee under applicable law, if the Trustee renders
      services and incurs expenses following an Event of Default under Section 6.01(e) or Section 6.01(f) hereof, the parties hereto and the holders by their acceptance of the Securities hereby agree that such expenses are intended to constitute expenses
      of administration under any bankruptcy law.

     

    Section 7.08          Replacement of Trustee. A
      resignation or removal of the Trustee as Trustee with respect to the Securities of any series and appointment of a successor Trustee as Trustee with respect to the Securities of any series shall become effective only upon the successor Trustee’s
      acceptance of appointment as provided in this Section 7.08.

     

    The Trustee may resign as Trustee with respect to the Securities of any series at any time by giving 30 days’ advance written
      notice to the Company. The Holders of a majority in Principal amount of the outstanding Securities of any series may remove the Trustee as Trustee with respect to the Securities of such series by so notifying the Trustee in writing and may appoint a
      successor Trustee with respect thereto with the consent of the Company. The Company may remove the Trustee as Trustee with respect to the Securities of any series if: (i) the Trustee is no longer eligible under Section 7.11 of this Indenture; (ii)
      the Trustee is adjudged a bankrupt or insolvent; (iii) a receiver or other public officer takes charge of the Trustee or its property; or (iv) the Trustee becomes incapable of acting.

     

    If the Trustee resigns or is removed as Trustee with respect to the Securities of any series, or if a vacancy exists in the
      office of Trustee with respect to the Securities of any series for any reason, the Company shall promptly appoint a successor Trustee with respect thereto. Within one year after the successor Trustee takes office, the Holders of a majority in
      Principal amount of the outstanding Securities of such series may appoint a successor Trustee in respect of such Securities to replace the successor Trustee appointed by the Company. If the successor Trustee with respect to the Securities of any
      series does not deliver its written acceptance required by Section 7.09 within 30 days after the retiring Trustee gives notice of its resignation or is removed, the retiring Trustee, the Trustee (in the case of resignation), the Company or the
      Holders of a majority in Principal amount of the outstanding Securities of such series may petition at the expense of the Company any court of competent jurisdiction for the appointment of a successor Trustee with respect thereto or the Trustee may
      appoint a successor (in the case of resignation).

     

    
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    The Company shall give notice of any resignation and any removal of the Trustee with respect to the Securities of any series and
      each appointment of a successor Trustee in respect of the Securities of such series to all Holders of Securities of such series. Each notice shall include the name of the successor Trustee and the address of its Corporate Trust Office.

     

    Notwithstanding replacement of the Trustee with respect to the Securities of any series pursuant to this Section 7.08 and Section
      7.09, the Company’s obligations under Section 7.07 shall continue for the benefit of the retiring Trustee.

     

    Section 7.09          Acceptance of Appointment by Successor.
      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 owed hereunder and subject to the lien provided for in Section 7.07, 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.

     

    In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series,
      the Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which (1)
      shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those
      series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights,
      powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the
      provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such
      Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution and delivery of
      such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the
      rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company or any successor Trustee, such retiring
      Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such successor Trustee
      relates.

     

    
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    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 the first or second preceding paragraph, as the case may be.

     

    No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be eligible
      under this Article and qualified under Section 310(b) of the Trust Indenture Act.

     

    Section 7.10         Successor Trustee by Merger, Etc. If
      the Trustee consolidates with, merges, consolidates or converts into, or transfers all or part of its corporate trust business to, another corporation or national banking association, the resulting, surviving or transferee corporation or national
      banking association without any further act shall be the successor Trustee with the same effect as if the successor Trustee had been named as the Trustee herein.

     

    Section 7.11          Eligibility. This Indenture
      shall always have a Trustee who satisfies the requirements of Trust Indenture Act Section 310(a). The Trustee shall have a combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual report of condition.

     

    Section 7.12          Money Held in Trust. The
      Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and
      except for money held in trust under Article 8 of this Indenture.

     

    ARTICLE 8

    Satisfaction and Discharge of Indenture; Unclaimed Moneys

     

    Section 8.01          Option to Effect Legal Defeasance or
        Covenant Defeasance. Except as otherwise provided with respect to such series pursuant to Section 2.03, the Company, at the Company’s option and at any time, may elect to have Section 8.06 or Section 8.07 of this Indenture applied to all of
      the then outstanding Securities of any series upon compliance with the conditions set forth below in this Article 8.

     

    
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    Section 8.02          Satisfaction and Discharge of
        Indenture. Except as otherwise provided with respect to such series pursuant to Section 2.03, this Indenture will be discharged and will cease to be of further effect with respect to the Securities of a particular series, when (a) either
      (i) all Securities of such series that have been authenticated and, except for lost, stolen or destroyed Securities of such series that have been replaced or paid and Securities of such series for whose payment money has been deposited in trust or
      segregated and held in trust by the Company and thereafter repaid to the Company, have been delivered to the Trustee for cancellation; or (ii) all Securities of such series that have not been delivered to the Trustee for cancellation (1) have become
      due and payable, (2) will become due and payable at their stated maturity within one year or (3) if redeemable in accordance with the terms of such Securities, are to be called for redemption within one year under arrangements satisfactory to the
      Trustee for the giving of notice of redemption by the Trustee in the Company’s name, and at the Company’s expense; (b)(i) the Company has irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit
      of the Holders of Securities of such series, in amounts as will be sufficient, without consideration of any reinvestment of interest, to pay and discharge the entire indebtedness (including all Principal, premium, if any, and interest) on such series
      of Securities not delivered to the Trustee for cancellation (in the case of Securities of such series that have become due and payable on or prior to the date of such deposit) or to the stated maturity or redemption date, as the case may be; (ii) the
      Company has paid or caused to be paid all other sums payable under the indenture in respect of the Securities of such series; and (iii) the Company has delivered irrevocable instructions to the Trustee under the Indenture to apply the deposited money
      toward the payment of the Securities at maturity or on the redemption date, as the case may be, and (c) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that the Indenture has been
      satisfied and discharged and that all conditions precedent in connection with such satisfaction and discharge have been satisfied.

     

    Section 8.03          Application by Trustee of Funds
        Deposited for Payment of Securities. Subject to Section 8.05, all moneys (including U.S. Government Obligations and the proceeds thereof) deposited with the Trustee pursuant to Section 8.02, 8.06 or 8.07 shall be held in trust and applied
      by it to the payment, either directly or through any Paying Agent to the Holders of the particular Securities of such series for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due
      thereon for Principal and interest; but such money need not be segregated from other funds except to the extent required by law.

     

    Section 8.04          Repayment of Moneys Held by Paying
        Agent. In connection with the satisfaction and discharge of this Indenture with respect to Securities of any series, all moneys then held by any Paying Agent under the provisions of this Indenture with respect to such series of Securities
      shall, upon demand of the Company, be repaid to it or paid to the Trustee and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

     

    Section 8.05          Return of Moneys Held by Trustee and
        Paying Agent Unclaimed for Two Years Any moneys deposited with or paid to the Trustee or any Paying Agent for the payment of the Principal of or interest on any Security of any series and not applied but remaining unclaimed for two years
      after the date upon which such Principal or interest shall have become due and payable, shall, upon the written request of the Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law,
      be repaid to the Company by the Trustee for such series or such Paying Agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws,
      thereafter look only to the Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any Paying Agent with respect to such moneys shall thereupon cease.

     

    
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    Section 8.06          Defeasance and Discharge of Indenture.
      The Company shall be deemed to have paid and shall be discharged from any and all obligations in respect of the Securities of any series, on the 91st day after the deposit referred to in Section 8.08(i) has been made, and the provisions of
      this Indenture shall no longer be in effect with respect to the Securities of such series (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), except as to: (a) rights of registration of transfer
      and exchange, and the Company’s right of optional redemption, if any, (b) rights of Holders to receive payments of principal thereof and interest thereon, upon the original stated due dates therefor (but not upon acceleration) and remaining rights of
      Holders to receive mandatory sinking fund payments, if any, (c) the issuance of temporary Securities or the substitution of mutilated, defaced, destroyed, lost or stolen Securities, (d) the rights, powers, trusts, duties and immunities of the Trustee
      hereunder and (e) the rights of Holders of such series as beneficiaries hereof with respect to the property deposited with the Trustee payable to all or any of them (“Legal Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

     

    Section 8.07          Defeasance of Certain Obligations. The

      Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to clauses (s), (t) or (u) of Section 2.03 and clause (c) (with respect
      to any covenants established pursuant to Section 2.03(s), (t) or (u)) and clause (f) of Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant
        Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

     

    Section 8.08          Conditions to Legal or Covenant
        Defeasance. The following shall be the conditions to the application of either Section 8.06 or 8.07 hereof to any Securities or any series of Securities, as the case may be, to be defeased:

     

    (i)          the Company shall irrevocably
        deposit with the Trustee, in trust, for the benefit of the Holders of the Securities as to which Legal Defeasance or Covenant Defeasance will occur, money, U.S. Government Obligations, a combination thereof, or other obligations as may be provided
        with respect to such Securities, in such amounts as will be sufficient, in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public accountants, to pay the principal of, premium, if any, and interest on
        such Securities on the stated date for payment thereof or on the redemption date of such principal or installment of principal of, premium, if any, or interest on such Securities, and the Trustee, for the benefit of the Holders of such Securities,
        has a valid and perfected security interest in obligations so deposited;

     

    (ii)          in the case of Legal Defeasance,
        the Company shall have delivered to the Trustee an Opinion of Counsel in the United States reasonably acceptable to the Trustee confirming that: (A) the Company has received from, or there has been published by the Internal Revenue Service, a
        ruling or (B) since the date of this Indenture, there has been a change in the applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of such Securities will
        not recognize income, gain or loss for federal income tax purposes as a result of such Legal Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such
        Legal Defeasance had not occurred;

     

    
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    (iii)          in the case of Covenant
        Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel in the United States reasonably acceptable to such Trustee confirming that the Holders of such Securities will not recognize income, gain or loss for federal income
        tax purposes as a result of such Covenant Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred;

     

    (iv)          no Default or Event of Default
        with respect to such Securities shall have occurred and be continuing on the date of such deposit (other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit) and no Default or Event of Default
        under Section 6.01(d) or Section 6.01(e) occurs, at any time in the period ending on the 91st day after the date of deposit;

     

    (v)          such Legal Defeasance or Covenant
        Defeasance shall not result in a breach or violation of, or constitute a default under any material agreement or instrument (excluding this Indenture) to which the Company or any of its Subsidiaries is a party or by which the Company or any of its
        Subsidiaries is bound;

     

    (vi)          the Company shall have delivered
        to the Trustee an Officers’ Certificate stating that the deposit was not made by the Company with the intent of preferring the Holders of such Securities over any other creditors of the Company or with the intent of defeating, hindering, delaying
        or defrauding any other creditors of the Company or others;

     

    (vii)          such Legal Defeasance or
        Covenant Defeasance shall not result in the trust arising from such deposit constituting an investment company within the meaning of the Investment Company Act of 1940, as amended, unless such trust shall be qualified under such Act or exempt from
        regulation thereunder; and (viii) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that the conditions precedent provided for in, in the case of the Officers’ Certificate, (i) through
        (vi) and, in the case of the Opinion of Counsel, clauses (i) (with respect to the validity and perfection of the security interest), (ii), (iii) and (v) of this paragraph have been complied with.

     

    If the amount deposited with the Trustee to effect a Covenant Defeasance is insufficient to pay the principal of, premium, if
      any, and interest on, the applicable series of debt securities when due, then the Company’s obligations under the Indenture and such series of Securities will be revived, and such Covenant Defeasance will be deemed not to have occurred.

     

    ARTICLE 9

    Amendments, Supplements and Waivers

     

    Section 9.01          Without Consent of Holders. The
      Company and the Trustee may amend or supplement this Indenture or the Securities of any series without notice to or the consent of any Holder:

     

    (a)          to cure any ambiguity, defect or
        inconsistency in this Indenture; provided that such amendments or supplements shall not adversely affect the interests of the Holders in any material respect;

     

    
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    (b)          to comply with any requirements of
        the Commission in connection with the qualification of this Indenture under the Trust Indenture Act;

     

    (c)          to evidence and provide for the
        acceptance of appointment hereunder with respect to the Securities of any or all series by a successor Trustee and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of
        the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 7.09;

     

    (d)          to establish the form or forms or
        terms of Securities of any series or of the coupons appertaining to such Securities as permitted by Section 2.03;

     

    (e)          to add covenants for the benefit
        of the Holders to the Securities of any series or to surrender any rights the Company has under this Indenture or to add circumstances under which the Company will pay additional interest on the Securities of the relevant series;

     

    (f)          to make any change that does not
        adversely affect the rights of any Holder in any respect;

     

    (g)          to comply with Article 5; or

     

    (h)          to add any additional Events of
        Default with respect to Securities of any series.

     

    Section 9.02          With Consent of Holders. Subject
      to Sections 6.04 and 6.07, without prior notice to any Holders, the Company and the Trustee may amend this Indenture and the Securities of any series with the written consent of the Holders of a majority in Principal amount of the outstanding
      Securities of each series affected by such amendment, and the Holders of a majority in Principal amount of the outstanding Securities of each series affected thereby by written notice to the Trustee may waive future compliance by the Company with any
      provision of this Indenture or the Securities of such series.

     

    Notwithstanding the provisions of this Section 9.02, without the consent of each Holder affected thereby, an amendment or waiver,
      including a waiver pursuant to Section 6.04, may not:

     

    (a)          extend the stated maturity date of
        the Principal of, or any installment of Principal of or interest on, any such Security, or reduce the principal amount of or the rate (or extend the time for payment) of interest on (including any amount in respect of original issue discount), or
        any premium payable upon the redemption of, any such Security;

     

    (b)          reduce the amount of Principal
        payable upon acceleration of the maturity thereof;

     

    (c)          change the place or currency of
        payment of Principal of, or premium, if any, or interest on, any such Security;

     

    
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    (d)          impair the right to institute suit
        for the enforcement of any payment on, or with respect to, any such Security;

     

    (e)          reduce the above stated percentage
        of outstanding Securities the consent of whose holders is necessary to modify or amend the Indenture with respect to the Securities of the relevant series;

     

    (f)         modify any waiver provision, except
        to increase any required percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each outstanding Security of the series affected thereby;

     

    (g)          cause any such Security to become
        subordinate in right of payment to any other debt, except to the extent provided in the terms of such Security;

     

    (h)          if such Security provides that the
        holder may require us to repurchase or convert such Security, impair such Holder’s right to require repurchase or conversion of such Security on the terms provided therein; or

     

    (i)           make any changes to this
        paragraph of Section 9.02.

     

    A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has expressly been
      included solely for the benefit of one or more particular series of Securities, or which modifies the rights of Holders of Securities of such series with respect to such covenant or provision, shall be deemed not to affect the rights under this
      Indenture of the Holders of Securities of any other series or of the coupons appertaining to such Securities.

     

    It shall not be necessary for the consent of any Holder under this Section 9.02 to approve the particular form of any proposed
      amendment, supplement or waiver, but it shall be sufficient if such consent approves the substance thereof.

     

    After an amendment, supplement or waiver under this Section 9.02 becomes effective, the Company shall give to the Holders
      affected thereby a notice briefly describing the amendment, supplement or waiver. The Company will mail supplemental indentures to Holders upon request. Any failure of the Company to mail such notice, or any defect therein, shall not, however, in any
      way impair or affect the validity of any such supplemental indenture or waiver.

     

    Section 9.03          Revocation and Effect of Consent. Until

      an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the Security of the consenting Holder, even
      if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security. Such revocation shall be effective only if the Trustee receives the notice of
      revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the
      requisite Holders of outstanding Securities affected thereby.

     

    
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    The Company may, but shall not be obligated to, fix a record date (which may be not less than five nor more than 60 days prior to
      the solicitation of consents) for the purpose of determining the Holders of the Securities of any series affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the immediately preceding
      paragraph, those Persons who were such Holders at such record date (or their duly designated proxies) and only those Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or
      not such Persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

     

    After an amendment, supplement or waiver becomes effective with respect to the Securities of any series affected thereby, it
      shall bind every Holder of such Securities unless it is of the type described in any of clauses (a) through (i) of Section 9.02. In case of an amendment or waiver of the type described in clauses (a) through (i) of Section 9.02, the amendment or
      waiver shall bind each such Holder who has consented to it and every subsequent Holder of a Security that evidences the same indebtedness as the Security of the consenting Holder.

     

    Section 9.04          Notation on or Exchange of Securities.
      If an amendment, supplement or waiver changes the terms of any Security, the Trustee may require the Holder thereof to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security about the changed terms and return
      it to the Holder and the Trustee may place an appropriate notation on any Security of such series thereafter authenticated. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Security shall issue and the
      Trustee shall authenticate a new Security of the same series and tenor that reflects the changed terms.

     

    Section 9.05        Trustee to Sign Amendments, Etc. The

      Trustee shall receive, and shall be fully protected in conclusively relying upon, (i) an Officers’ Certificate and (ii) an Opinion of Counsel. The Opinion of Counsel shall state that the execution of any amendment, supplement or waiver authorized
      pursuant to this Article 9 is authorized or permitted by this Indenture and that such supplemental indenture constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, subject to
      customary exceptions. The Trustee may, but shall not be obligated to, execute any such amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise.

     

    Section 9.06          Conformity with Trust Indenture Act. Every

      supplemental indenture executed pursuant to this Article 9 shall conform to the requirements of the Trust Indenture Act as then in effect.

     

    ARTICLE 10

    Miscellaneous

     

    Section 10.01         Trust Indenture Act of 1939. This

      Indenture shall incorporate and be governed by the provisions of the Trust Indenture Act that are required to be part of and to govern indentures qualified under the Trust Indenture Act.

     

    
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    Section 10.02        Notices. Any notice or
      communication shall be sufficiently given if written and (a) if delivered in person when received or (b) if mailed by first class mail 5 days after mailing, or (c) as between the Company and the Trustee if sent by facsimile transmission, when
      transmission is confirmed, in each case addressed as follows:

     

    if to the Company:

     

    Tapestry, Inc.

    10 Hudson Yards

    New York, NY 10001

    Tel: (212) 594-1850

    Attention: David Howard, Esq.

     

    if to the Trustee:

     

    U.S. Bank National Association

    100 Wall Street, Suite 600

    New York, NY 10005

    Attention: Administrator - Tapestry, Inc.

    Telephone: (212) 951-6993

     

    The Company or the Trustee by written notice to the other may designate additional or different addresses for subsequent notices
      or communications.

     

    Any notice or communication shall be sufficiently given to Holders of any Securities, by mailing (or delivering electronically in
      the case of a global security) to such Holders at their addresses as they shall appear on the Security Register. Notice mailed shall be sufficiently given if so mailed (or delivered electronically in the case of a global security) within the time
      prescribed. Copies of any such communication or notice to a Holder shall also be mailed (or delivered electronically in the case of a global security) to the Trustee and each Agent at the same time. Holders may communicate pursuant to TIA § 312(b)
      with other Holders with respect to their rights under this Indenture or the Securities. The Company, the Trustee, the Registrar and anyone else shall have the protection of TIA § 312(c).

     

    Failure to mail a notice or communication to a Holder or any defect in it shall not affect its sufficiency with respect to other
      Holders. Except as otherwise provided in this Indenture, if a notice or communication is mailed (or delivered electronically in the case of a global security) in the manner provided in this Section 10.02, it is duly given, whether or not the
      addressee receives it.

     

    Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive
      such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action
      taken in reliance upon such waiver.

     

    In case it shall be impracticable to give notice as herein contemplated, then such notification as shall be made with the
      approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.

     

    
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    All notices, approvals, consents, requests and any communications hereunder must be in writing (provided that any communication
      sent to the Trustee hereunder must be in the form of a document that is signed manually or by way of a digital signature provided by Docusign (or such other digital signature provider as specified in writing to the Trustee by the authorized
      representative), in English. The Company agrees to assume all risks arising out of the use of using digital signatures and electronic methods to submit communications to the Trustee, including without limitation the risk of the Trustee acting on
      unauthorized instructions, and the risk of interception and misuse by third parties.

     

    Section 10.03        Certificate and Opinion as to
        Conditions Precedent. Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the Trustee:

     

    (a)          an Officers’ Certificate stating
        that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and

     

    (b)          an Opinion of Counsel stating
        that, in the opinion of such counsel, all such conditions precedent have been complied with.

     

    Section 10.04        Statements Required in Certificate or
        Opinion. Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than the certificate required by Section 4.04) shall include:

     

    (a)          a statement that each person
        signing such certificate or opinion has read such covenant or condition and the definitions herein relating thereto;

     

    (b)          a brief statement as to the nature
        and scope of the examination or investigation upon which the statement or opinion contained in such certificate or opinion is based;

     

    (c)         a statement that, in the opinion of
        each such person, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and

     

    (d)        a statement as to whether or not, in
        the opinion of each such person, such condition or covenant has been complied with; provided, however, that, with respect to
        matters of fact, an Opinion of Counsel may rely on an Officers’ Certificate or certificates of public officials.

     

    
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    Section 10.05      Evidence of Ownership. The
      Company the Trustee and any agent of the Company or the Trustee may deem and treat the Holder of any Unregistered Security and the Holder of any coupon as the absolute owner of such Unregistered Security or coupon (whether or not such Unregistered
      Security or coupon shall be overdue) for the purpose of receiving payment thereof or on account thereof and for all other purposes, and neither the Company, the Trustee, nor any agent of the Company or the Trustee shall be affected by any notice to
      the contrary. The fact of the holding by any Holder of an Unregistered Security, and the identifying number of such Security and the date of his holding the same, may be proved by the production of such Security or by a certificate executed by any
      trust company, bank, banker or recognized securities dealer wherever situated satisfactory to the Trustee, if such certificate shall be deemed by the Trustee to be satisfactory. Each such certificate shall be dated and shall state that on the date
      thereof a Security bearing a specified identifying number was deposited with or exhibited to such trust company, bank, banker or recognized securities dealer by the person named in such certificate. Any such certificate may be issued in respect of
      one or more Unregistered Securities specified therein. The holding by the person named in any such certificate of any Unregistered Securities specified therein shall be presumed to continue for a period of one year from the date of such certificate
      unless at the time of any determination of such holding (1) another certificate bearing a later date issued in respect of the same Securities shall be produced or (2) the Security specified in such certificate shall be produced by some other Person,
      or (3) the Security specified in such certificate shall have ceased to be outstanding. Subject to Article 7, the fact and date of the execution of any such instrument and the amount and numbers of Securities held by the Person so executing such
      instrument may also be proven in accordance with such reasonable rules and regulations as may be prescribed by the Trustee or in any other manner which the Trustee may deem sufficient.

     

    The Company, the Trustee and any agent of the Company or the Trustee may deem and treat the person in whose name any Registered
      Security shall be registered upon the Security Register for such series as the absolute owner of such Registered Security (whether or not such Registered Security shall be overdue and notwithstanding any notation of ownership or other writing
      thereon) for the purpose of receiving payment of or on account of the Principal of and, subject to the provisions of this Indenture, interest on such Registered Security and for all other purposes; and neither the Company nor the Trustee nor any
      agent of the Company or the Trustee shall be affected by any notice to the contrary.

     

    Section 10.06       Rules by Trustee, Paying Agent or
        Registrar. The Trustee may make reasonable rules for action by or at a meeting of Holders. The Paying Agent or Registrar may make reasonable rules for its functions.

     

    Section 10.07       Payment Date Other Than a Business Day.
      Except as otherwise provided with respect to a series of Securities, if any date for payment of Principal or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal of or interest on such
      Security, as the case may be, need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment
      for the period from and after such date.

     

    Section 10.08      Governing Law; Waiver of Jury Trial. The

      laws of the State of New York shall govern this Indenture and the Securities. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING
      OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTION CONTEMPLATED HEREBY.

     

    Section 10.09          No Adverse Interpretation of Other
        Agreements. This Indenture may not be used to interpret another indenture or loan or debt agreement of the Company or any Subsidiary of the Company. Any such indenture or agreement may not be used to interpret this Indenture.

     

    
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    Section 10.10        Successors. All agreements of
      the Company in this Indenture and the Securities shall bind their Successors. All agreements of the Trustee in this Indenture shall bind its successors.

     

    Section 10.11       Duplicate Originals. The parties
      may sign any number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 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 10.12       Separability. In case any
      provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

     

    Section 10.13       Table of Contents, Headings, Etc. The

      Table of Contents and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms and provisions hereof.

     

    Section 10.14        Incorporators, Stockholders, Officers
        and Directors of Company Exempt From Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture or any indenture supplemental hereto, or in any Security or any coupons appertaining
      thereto or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such or against any past, present or future stockholder, officer, director or employee, as such, of the Company or of any Successor, either directly
      or through the Company or of any Successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and
      released by the acceptance of the Securities and the coupons appertaining thereto by the holders thereof and as part of the consideration for the issue of the Securities and the coupons appertaining thereto.

     

    Section 10.15         Judgment Currency. The Company
      agrees, to the fullest extent that it may effectively do so under applicable law, that (a) if for the purpose of obtaining judgment in any court it is necessary to convert the sum due in respect of the Principal of or interest on the Securities of
      any series (the “Required Currency”) into a currency in which a judgment will be rendered (the “Judgment Currency”), the rate of
      exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the day on which final unappealable judgment is entered,
      unless such day is not a Business Day, then, to the extent permitted by applicable law, the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required
      Currency with the Judgment Currency on the Business Day preceding the day on which final unappealable judgment is entered and (b) its obligations under this Indenture to make payments in the Required Currency (1) shall not be discharged or satisfied
      by any tender, or any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the actual
      receipt, by the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (2) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in the Required Currency
      the amount, if any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable and (iii) shall not be affected by judgment being obtained for any other sum due under this Indenture.

     

    
      47

      
        

    

    Section 10.16       Force Majeure. 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,
      pandemics or epidemics, 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 or other unavailability of the Federal Reserve Bank wire or facsimile or other wire or communication facility; it being understood that the Trustee shall use commercially reasonable efforts which are consistent with accepted practices in the
      banking industry to resume performance as soon as practicable under the circumstances.

     

    Section 10.17       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.

     

    
      48

      
        

    

    SIGNATURES

     

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

     

    	 	
            TAPESTRY, INC., as the Company

          
	 	 
	 	
            By:

          	
            /s/ Scott Roe

          
	 	 	
            Name: Scott Roe

          
	 	 	
            Title: Chief Financial Officer and Head of Strategy

          

    
       

      

      [Signature page to Base Indenture]

       

      

    

    
      
        

    

    	 	
            U.S. BANK NATIONAL ASSOCIATION, as the Trustee

          
	 	 
	 	
            By:

          	
            /s/ Beverly A. Freeney

          
	 	 	
            Name: Beverly A. Freeney

          
	 	 	
            Title: Vice President

          

     

    
      [Signature page to Base Indenture]EXHIBIT 4.2

      

      

      EXECUTION VERSION

        

      

      FIRST SUPPLEMENTAL INDENTURE

       

      Dated as of December 1, 2021

       

      to

       

      INDENTURE

       

      Dated as of December 1, 2021

       

      3.050% SENIOR NOTES DUE 2032

       

      TAPESTRY, INC.

       

      as the Company

       

      U.S. BANK NATIONAL ASSOCIATION

       

      as the Trustee

       

      
        
          

      

      TABLE OF CONTENTS

      

      

      	
              ARTICLE I

            
	 
	
              Definitions and Incorporation by Reference

            
	 
	
              Section 1.01

            	
              Relationship with Base Indenture

            	
              1

            
	
              Section 1.02

            	
              Definitions

            	
              1

            
	 
	
              ARTICLE II

            
	 
	
              The Notes

            
	
              Section 2.01

            	
              Form and Dating

            	
              7

            
	
              Section 2.02

            	
              Issuance of Additional Notes

            	
              9

            
	 
	
              ARTICLE III

            
	 
	
              Redemption and Prepayment

            
	
              Section 3.01

            	
              Notice of Redemption; Selection of Notes

            	
              9

            
	
              Section 3.02

            	
              Notes Redeemed in Part

            	
              9

            
	
              Section 3.03

            	
              Optional Redemption

            	
              10

            
	
              Section 3.04

            	
              Optional Redemption for Changes in Withholding Taxes

            	
              10

            
	
              Section 3.05

            	
              Payment of Additional Amounts.

            	
              11

            
	 
	
              ARTICLE IV

            
	 
	
              Particular Covenants

            
	
              Section 4.01

            	
              Limitation on Liens

            	
              14

            
	
              Section 4.02

            	
              Limitation on Sale/Leaseback Transactions

            	
              15

            
	
              Section 4.03

            	
              Offer to Purchase Upon Change of Control Triggering Event

            	
              16

            
	 
	
              ARTICLE V

            
	 
	
              Defaults

            
	
              Section 5.01

            	
              Defaults

            	
              17

            
	 
	
              ARTICLE VI

            
	
              Miscellaneous

            
	
              Section 6.01

            	
              Trust Indenture Act Controls

            	
              18

            
	
              Section 6.02

            	
              Governing Law

            	
              18

            
	
              Section 6.03

            	
              Consent to Jurisdiction

            	
              18

            
	
              Section 6.04

            	
              Successors

            	
              18

            
	
              Section 6.05

            	
              Severability

            	
              18

            
	
              Section 6.06

            	
              Counterpart Originals

            	
              18

            
	
              Section 6.07

            	
              Table of Contents, Headings, Etc.

            	
              19

            
	
              Section 6.08

            	
              Validity or Sufficiency of Supplemental Indenture

            	
              19

            
	
              Section 6.09

            	
              Waiver of Jury Trial

            	
              19

            

      

      

      
        i

        
          

      

      FIRST SUPPLEMENTAL INDENTURE (as amended, supplemented or otherwise modified from time to time in accordance with the Base Indenture and the terms hereof, this “Supplemental Indenture”),

        dated as of December 1, 2021, among Tapestry, Inc., a Maryland corporation, as the Company (the “Company”), and U.S. Bank National Association, as Trustee (the “Trustee”).

       

      RECITALS

      

      

      WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture, dated as of December 1, 2021 (as amended, supplemented or otherwise modified from time to time in accordance with the terms
        thereof, the “Base Indenture”), providing for the issuance from time to time of one or more series of the Company’s senior debt securities;

       

      WHEREAS, the Company desires and has requested the Trustee pursuant to Section 9.01 of the Base Indenture to join with it in the execution and delivery of this Supplemental Indenture in order to supplement the Base
        Indenture as and to the extent set forth herein to provide for the issuance and the terms of the Notes (as defined below);

       

      WHEREAS, the execution and delivery of this Supplemental Indenture has been duly authorized by a resolution of the Board of Directors of the Company;

       

      WHEREAS, all conditions and requirements necessary to make this Supplemental Indenture a valid, binding and legal instrument in accordance with its terms have been performed and fulfilled by the parties hereto and the
        execution and delivery hereof have been in all respects duly authorized by the parties hereto;

       

      NOW, THEREFORE, the Company and the Trustee mutually covenant and agree for the benefit of each other and for the equal and proportionate benefit of the Holders (as defined herein) of the Company’s 3.050% Senior Notes
        due 2032 (the “Notes”) as follows:

       

      ARTICLE I

       

      DEFINITIONS AND INCORPORATION BY REFERENCE

       

      Section 1.01          Relationship with Base Indenture. The terms and
        provisions contained in the Base Indenture will constitute, and are hereby expressly made, a part of this Supplemental Indenture and the Company and the Trustee, by their execution and delivery of this Supplemental Indenture, expressly agree to
        such terms and provisions and to be bound thereby. However, to the extent any provision of the Base Indenture conflicts with the express provisions of this Supplemental Indenture, the provisions of this Supplemental Indenture will govern and be
        controlling in respect of the Notes.

       

      Section 1.02          Definitions. Capitalized terms used herein
        without definition shall have the respective meanings set forth in the Base Indenture. The following terms have the meanings given to them in this Section 1.02:

       

      
        1

        
          

      

      “Additional Amounts” has the meaning assigned to such term in Section 3.05 hereof.

       

      “Additional Notes” has the meaning assigned to such term in Section 2.02 hereof.

       

      “Adjusted Treasury Rate” means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue,
        assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date, plus 25 basis points.

       

      “Attributable Debt” means, on the date of any determination, the present value of the obligation of the lessee for Net Rental Payments during the remaining term of the lease
        included in a Sale and Leaseback Transaction, including any period for which such lease has been extended or may, at the option of the lessor, be extended. Such present value shall be calculated using a discount rate equal to the interest rate set
        forth or implicit in the terms of such lease or, if not practicable to determine such rate, the weighted average interest rate per annum borne by the Notes on such date of determination, in either case compounded semi-annually.

       

      “Base Indenture” has the meaning set forth in the recitals to this Supplemental Indenture.

       

      “Business Day” means any day other than a Saturday, a Sunday or a day on which banking institutions in New York City are authorized or required by law, regulation or executive
        order to close.

       

      “Change of Control” means the occurrence of any one of the following:

       

      	

            	(1)	
              the direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the Company’s assets and the assets
                of the Company’s Subsidiaries taken as a whole to any person other than to the Company or one of the Company’s Subsidiaries;

            

       

      	

            	(2)	
              the consummation of any transaction (including without limitation, any merger or consolidation) the result of which is that any person (other than the Company or one of the Company’s Subsidiaries) becomes the “beneficial owner” (as such
                terms are defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the Company’s outstanding Voting Stock or the Voting Stock of any parent company or other Voting Stock into which the Company’s
                Voting Stock or the Voting Stock of any parent company is reclassified, consolidated, exchanged or changed, measured by voting power rather than number of shares;

            

       

      	

            	(3)	
              the Company or any parent company consolidates with, or merges with or into, any person, or any person consolidates with, or merges with or into, the Company or any parent company, in any such event pursuant to a transaction in which any
                of the Company’s outstanding Voting Stock, the Voting Stock of such parent company or the Voting Stock of such other person is converted into or exchanged for cash, securities or other property, other than any such transaction where the
                shares of the Company’s Voting Stock or the Voting Stock of such parent company outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority of the Voting Stock of the surviving person or
                any direct or indirect parent company of the surviving person immediately after giving effect to such transaction;

            

       

      
        2

        
          

      

      	

            	(4)	
              the first day on which the majority of the members of the Company’s Board of Directors or the Board of Directors of any parent company cease to be Continuing Directors; or

            

       

      	

            	(5)	
              the adoption of a plan relating to the Company’s liquidation or dissolution.

            

       

      Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control under clause (2) above if (i) the Company becomes a direct or indirect wholly-owned subsidiary of a holding company (a
        “parent company”), and (ii) the Holders of the Company’s Voting Stock or the Voting Stock of any parent company immediately prior to that transaction hold at least a majority of the Voting Stock of the Company or such parent company immediately
        following that transaction; provided that any series of related transactions shall be treated as a single transaction. The term “person,” as used in this definition, has the meaning given thereto in Section 13(d)(3) of the Exchange Act.

       

      The term “Voting Stock,” solely as used in the definition of Change of Control, means, with respect to any person as of any date, the capital stock of such person that is at the
        time entitled to vote generally in the election of the Board of Directors (or other analogous managing body) of such person.

       

      “Change of Control Offer” has the meaning assigned to such term in Section 4.03 hereof.

       

      “Change of Control Payment” has the meaning assigned to such term in Section 4.03 hereof.

       

      “Change of Control Payment Date” has the meaning assigned to such term in Section 4.03 hereof.

       

      “Change of Control Triggering Event” means the occurrence of both a Change of Control and a related Rating Event.

       

      “Code” has the meaning assigned to such term in Section 3.05 hereof.

       

      “Comparable Treasury Issue” means the United States Treasury security or securities selected by a Quotation Agent as having an actual or interpolated maturity comparable to the
        remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, with a maturity of December 15, 2031.

       

      “Comparable Treasury Price” means, with respect to any redemption date for the Notes, (1) the average of the Reference Treasury Dealer Quotations for such redemption date, after
        excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than four such Reference Treasury Dealer Quotations, the average of all quotations obtained.

       

      
        3

        
          

      

      “Consolidated Net Tangible Assets” means, on the date of any determination, the aggregate amount of assets, less applicable reserves and other properly deductible items, after
        deducting from that net amount

       

      	

            	(a)	
              all current liabilities, and

            

       

      	

            	(b)	
              goodwill, trademarks, trade names, patents, unamortized debt-discount and other like intangibles,

            

       

      in each case as set forth on the Company’s most recently available consolidated balance sheet, in accordance with GAAP.

       

      “Continuing Director” means, as of any date of determination:

       

      	

            	(1)	
              with respect to any member of the Board of Directors of the Company, any member who: (i) was a member of such Board of Directors on the date of the initial issuance of the Notes; or (ii) was nominated for election, elected or appointed
                to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors at the time of such nomination, election or appointment; and

            

       

      	

            	(2)	
              with respect to any member of the Board of Directors of any parent company, any member who: (i) was a member of the Company’s Board of Directors on the date such parent company became the Company’s parent company; or (ii) was nominated
                for election, elected or appointed to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors at the time of such nomination, election or appointment.

            

       

      “Depositary” means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.01 hereof as the Depositary with respect to
        the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Supplemental Indenture.

       

      “DTC” has the meaning assigned to such term in Section 2.01 hereof.

       

      “Fitch” means Fitch Ratings, Inc., and its successors.

       

      “FATCA” has the meaning assigned to such term in Section 3.05 hereof.

       

      “Foreign Successor Issuer” means any Person that is organized in a jurisdiction other than the United States of America, any state thereof or the District of Columbia and that
        assumes the Company’s obligations under the Notes after the date of this Supplemental Indenture in accordance with the provisions of Article 5 of the Base Indenture.

       

      
        4

        
          

      

      “Funded Debt” means all indebtedness for money borrowed, including purchase money indebtedness, (i) having a maturity of more than one year from the date of its creation or
        having a maturity of less than one year but by its terms being renewable or extendible, at the option of the obligor in respect of such indebtedness, beyond one year from its creation and (ii) which is not subordinated in right of payment to the
        Notes.

       

      “Global Notes” means, individually and collectively, the Global Notes, in the form of Exhibit A hereto issued in accordance with Section 2.01 hereof.

       

      “Hudson Yards Development” means (a) that certain Agreement of Severed Parcel Lease (Eastern Rail Yard Section of the John D. Caemmerer West Side Yard) (the “Ground Lease”), dated as of April 10, 2013, between the Metropolitan Transportation Authority and Legacy Yards Tenant LLC (“Legacy Yards Tenant”); (b) any improvements now
        or hereafter located on the land demised pursuant to the Ground Lease, including, but not limited to, that certain commercial building to be built thereon and any condominium units or common areas that may be created therein and thereon; and/or (c)
        Legacy Yards Tenant.

       

      “Holder” means a Person in whose name a Note is registered.

       

      “Indenture” means the Base Indenture, as supplemented by this Supplemental Indenture, governing the Notes, together, as amended, supplemented or restated from time to time.

       

      “Initial Notes” means the first $500,000,000 aggregate principal amount of Notes issued under this Supplemental Indenture on the date hereof.

       

      “Investment Grade” means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating category), a rating of BBB- or better by Standard & Poor’s (or
        its equivalent under any successor rating category) and a rating of BBB- or better by Fitch (or its equivalent under any successor rating category).

       

      “Moody’s” means Moody’s Investors Service, Inc., and its successors.

       

      “Net Proceeds” means, with respect to a Sale and Leaseback Transaction, the aggregate amount of cash or cash equivalents received by the Company or any of its Significant
        Subsidiaries, less the sum of all payments, fees, commissions and expenses incurred in connection with such transaction, and less the amount (estimated reasonably and in good faith by the Company) of income, franchise, sales and other applicable
        taxes required to be paid by the Company or any of its Significant Subsidiaries in connection with such transaction in the taxable year that such transaction is consummated or in the immediately succeeding taxable year, the computation of which
        shall take into account the reduction in tax liability resulting from any available operating losses and net operating loss carryovers, tax credits and tax credit carryforwards, and similar tax attributes.

       

      “Net Rental Payments” means the total amount of rent payable by the lessee after excluding amounts required to be paid on account of maintenance and repairs, insurance, taxes,
        assessments, water rates and similar charges.

       

      “Notes” has the meaning assigned to it in the preamble to this Supplemental Indenture.

       

      
        5

        
          

      

      “Person” means any individual, corporation, limited liability company, partnership, joint venture, trust, unincorporated organization or government or any agency or political
        subdivision thereof.

       

      “Principal Property” means any manufacturing plant or other similar facility, office facility, warehouse, distribution center or any parcel of real estate or group of contiguous
        parcels of real estate located within the United States owned or leased by the Company or any of its Subsidiaries and the gross book value, without deduction of any depreciation reserves, of which on the date as of which the determination is being
        made exceeds 1% of Consolidated Net Tangible Assets; provided that the term ‘Principal Property’ shall not include any direct or indirect legal, beneficial or equitable interest in any corporate headquarters or any direct or indirect legal,
        beneficial or equitable interest in the Hudson Yards Development.

       

      “Quotation Agent” means the Reference Treasury Dealer appointed by the Company.

       

      “Rating Agency” means:

       

      	

            	(1)	
              each of Moody’s, S&P and Fitch; and

            

       

      	

            	(2)	
              if any of Moody’s, S&P or Fitch ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Company’s control, a Substitute Rating Agency in lieu thereof.

            

       

      “Rating Event” with respect to the Notes means (i) the rating of the Notes is lowered by at least two of the three Rating Agencies during the period (the “Trigger Period”) commencing on the earlier of the first public notice of (a) the occurrence of a Change of Control or (b) the Company’s intention to effect a Change of Control and ending 60 days following
        consummation of such Change of Control (which period shall be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) and (ii) the Notes are rated below an
        Investment Grade rating by at least two of the three Rating Agencies on any day during the Trigger Period. Notwithstanding the foregoing, a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will
        not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do not publicly announce or confirm or inform
        the Trustee in writing at the Company’s request that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, such Change of Control (whether or not the applicable
        Change of Control has occurred at the time of the Rating Event). Unless at least two of the three Rating Agencies are providing a rating for the Notes at the commencement of any Trigger Period, there will be deemed to have been a Rating Event with
        respect to the Notes during that Trigger Period.

       

      “Reference Treasury Dealer” means (1) each of BofA Securities, Inc., J.P. Morgan Securities LLC and HSBC Securities (USA) Inc. (or any of their respective affiliates which are
        Primary Treasury Dealers), and their respective successors; provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in the United States of America (a “Primary
          Treasury Dealer”), the Company shall substitute therefor another Primary Treasury Dealer, and (2) any other Primary Treasury Dealer selected by the Company.

       

      
        6

        
          

      

      “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Company, of the bid and
        asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer as of 5:00 p.m., New York City time, on the third Business
        Day preceding such redemption date.

       

      “Relevant Jurisdiction” has the meaning assigned to such term in Section 3.05 hereof.

       

      “Sale and Leaseback Transaction” means any arrangement whereby the Company or any of its Significant Subsidiaries has sold or transferred, or will sell or transfer, property and
        has or will take back a lease pursuant to which the rental payments are calculated to amortize the purchase price of the property substantially over the useful life of such property.

       

      “S&P” means Standard & Poor’s Financial Services LLC, and its successors.

       

      “Significant Subsidiary” means a Subsidiary of the Company which owns or leases a Principal Property.

       

      “Subsidiary” means with respect to the Company at any date, any corporation, limited liability company, partnership, association or other entity of which the Company, or the
        Company and one or more Subsidiaries, or any one or more Subsidiaries, directly or indirectly own more than 50% of the Voting Stock.

       

      “Substitute Rating Agency” means a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Exchange Act, selected by the Company
        (as certified by a resolution of the Company’s Board of Directors) as a replacement agency for any or all of Moody’s, S&P or Fitch, as the case may be.

       

      “Supplemental Indenture” has the meaning set forth in the recitals hereof.

       

      “Taxes” has the meaning assigned to such term in Section 3.05 hereof.

       

      “Voting Stock” means capital stock the holders of which have general voting power under ordinary circumstances to elect at least a
        majority of the Board of Directors of a corporation; provided that, for the purpose of such definition, capital stock which carries only the right to vote conditioned on the occurrence of an event shall not be considered Voting Stock whether or not
        such event shall have occurred.

       

      ARTICLE II

       

      THE NOTES

       

      Section 2.01          Form and Dating. i) The Notes and the
        Trustee’s certificate of authentication included thereon will be substantially in the form of Exhibit A attached hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rule or usage. Each Note will be
        dated the date of its authentication. The Notes will initially be issued in the form of one or more Registered Global Securities, without coupons, in minimum denominations of $2,000 with integral multiples of $1,000 in excess thereof.

       

      
        7

        
          

      

      The terms and provisions contained in the Notes will constitute, and are hereby expressly made, a part of this Supplemental Indenture, and the Company and the Trustee, by their execution and delivery of this
        Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to the extent any provision of this Supplemental Indenture or any Note conflicts with the express provisions of the Base Indenture, the
        provisions of this Supplemental Indenture or the Notes, as the case may be, will govern and be controlling.

       

      (b)          The Notes issued in global form will be substantially in the form of Exhibit A attached hereto. Each
          Global Note will represent such of the outstanding Notes as will be specified therein and each will provide that it will represent the aggregate principal amount of outstanding Notes from time to time endorsed thereon and that the aggregate
          principal amount of outstanding Notes represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in
          the aggregate principal amount of outstanding Notes represented thereby will be made by the Trustee or the custodian of the Notes, at the direction of the Trustee, in accordance with written instructions given by the Holder thereof as required by
          Section 2.02 hereof. The Company initially appoints DTC to act as Depositary with respect to the Global Notes.

       

      (c)          The Notes shall not be exchangeable for or convertible into the common stock of the Company or any other
          security.

       

      (d)          The Company will not pay additional amounts on Notes held by a person who is not a U.S. person in respect of
          any tax, assessment or governmental charge withheld or deducted.

       

      (e)          The following legends will appear on the face of all Global Notes issued under this Supplemental Indenture.

       

      “THIS SECURITY IS A REGISTERED GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY, WHICH MAY BE TREATED BY THE
        COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS SECURITY FOR ALL PURPOSES.

       

      UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”) TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR
        PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED
        BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      
        8

        
          

      

      TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE
        DEPOSITARY, OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.”

       

      Section 2.02          Issuance of Additional Notes. The Company
        will be entitled, upon delivery to the Trustee of an authentication or company order, Officers’ Certificate and an Opinion of Counsel, to issue Additional Notes under this Supplemental Indenture which will have identical terms as the Initial Notes
        issued on the date hereof, other than with respect to the date of issuance, the issue price and, in some cases, the first interest payment date (“Additional Notes”), provided that the Company is in compliance
        with the covenants contained in this Supplemental Indenture and the Base Indenture. The Initial Notes issued on the date hereof and any Additional Notes issued will be treated as a single class for all purposes under this Supplemental Indenture,
        provided that, if any Additional Notes subsequently issued are not fungible for U.S. federal income tax purposes with the Initial Notes previously issued, such Additional Notes shall be issued under a separate CUSIP, ISIN and/or any other
        identifying number, but shall otherwise be treated as a single class with all other Notes issued under this Supplemental Indenture.

       

      With respect to any Additional Notes, the Company shall provide to the Trustee a resolution of its Board of Directors and an Officers’ Certificate which shall contain the following information:

       

      (a)          the aggregate principal amount of such Additional Notes to be authenticated and delivered pursuant to this
          Supplemental Indenture; and

       

      (b)          the issue price, the issue date, the initial interest payment date and the CUSIP number of such Additional
          Notes.

       

      ARTICLE III

       

      REDEMPTION AND PREPAYMENT

       

      Section 3.01          Notice of Redemption; Selection of Notes. The

        Company will send by first class mail, or by electronic transmission in the case of Notes held in book-entry form, notice of any redemption at least 10 days but not more than 60 days before the date of redemption to each Holder of the Notes (with a
        copy to the Trustee) to be redeemed setting forth the information to be stated in such notice as provided in Article 3 of the Base Indenture. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected by the
        Trustee on a pro rata basis or by lot and in accordance with the procedures of DTC.

       

      Section 3.02          Notes Redeemed in Part. No Notes of
        principal amount of $2,000 or less may be redeemed in part.

       

      
        9

        
          

      

      Section 3.03          Optional Redemption

       

      (a)          Prior to December 15, 2031, the Company may redeem the Notes at its option, in whole or in part, at any time or from time to
          time, at a redemption price equal to the greater of (1) 100% of the principal amount of the Notes to be redeemed or (2) as determined by a Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and
          interest thereon that would have been payable in respect of such Notes calculated as if the maturity date of such Notes was December 15, 2031 (not including any portion of payments of interest accrued to the date of redemption), discounted to the
          redemption date on a semi-annual basis (assuming a 360 day year consisting of twelve 30 day months) at the Adjusted Treasury Rate, plus, in the case of each of (1) and (2), accrued and unpaid interest to the redemption date.

       

      On and after December 15, 2031, the Company may redeem the Notes at its option, in whole or in part, at any time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued
        and unpaid interest to the redemption date.

       

      (b)          The redemption prices will be calculated assuming a 360-day year consisting of twelve 30-day months. Prior to the redemption
          date, the Company will deliver or cause to be delivered to the Trustee (i) an Officers’ Certificate or Opinion of Counsel stating that the conditions precedent to the Company’s right to so redeem have occurred and (ii) an Officers’ Certificate
          setting forth the redemption price, showing the calculation in reasonable detail. If the date of redemption is on or after an interest record date and on or before the related interest payment date, the accrued and unpaid interest, if any, will
          be paid to the Person in whose name the Note is registered at the close of business on such interest record date, and no additional interest is payable to Holders whose Notes will be subject to redemption by the Company. Unless the Company
          defaults in payment of the redemption price, on and after the date of redemption, interest shall cease to accrue on the Notes or the portions thereof called for redemption.

       

      Section 3.04          Optional Redemption for Changes in Withholding Taxes. A Foreign Successor Issuer may redeem the Notes, at
        its option, at any time in whole but not in part, upon not less than 10 nor more than 60 days’ notice (which notice will be irrevocable), at a redemption price equal to 100% of the outstanding principal amount of the Notes, plus accrued and unpaid
        interest to, but excluding, the date fixed for redemption and any Additional Amounts (if any) then due and which will become due on the applicable redemption date (subject to the right of holders of record on the relevant record date to receive
        interest due on the relevant interest payment date and Additional Amounts (if any) in respect thereof), in the event that such Foreign Successor Issuer determines in good faith that such Foreign Successor Issuer has become or would become obligated
        to pay, on the next date on which any amount would be payable with respect to the Notes, Additional Amounts and such obligation cannot be avoided by taking reasonable measures available to such Foreign Successor Issuer (including making payment
        through a paying agent located in another jurisdiction), as a result of:

       

      (a)          a change in or an amendment to the laws (including any regulations or rulings promulgated thereunder) of any Relevant Jurisdiction affecting
        taxation, which change or amendment is announced or becomes effective on or after the date on which a Foreign Successor Issuer becomes a Foreign Successor Issuer (or, where a jurisdiction in question does not become a Relevant Jurisdiction until a
        later date, such later date); or

       

      
        10

        
          

      

      (b)          any change in or amendment to any official position of a taxing authority in any Relevant Jurisdiction
          regarding the application, administration or interpretation of such laws, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction), which change or amendment is announced or becomes effective on or
          after the date on which a Foreign Successor Issuer becomes a Foreign Successor Issuer (or, where a jurisdiction in question does not become a Relevant Jurisdiction until a later date, such later date).

       

      Notwithstanding the foregoing, no notice of redemption for changes in withholding taxes may be given earlier than 60 days prior to the earliest date on which such Foreign Successor Issuer would be obligated to pay
        Additional Amounts if a payment in respect of the Notes were then due. At least five calendar days before such Foreign Successor Issuer provides notice of redemption of the Notes, such Foreign Successor Issuer will deliver to the Trustee and paying
        agent (i) an officers’ certificate stating that such Foreign Successor Issuer is entitled to effect such redemption and setting forth a statement of facts showing that the conditions precedent to its right to so redeem have occurred, (ii) an
        opinion of independent legal counsel of recognized standing (which opinion shall be reasonably satisfactory to the Trustee) as to the satisfaction of conditions precedent in connection with such redemption, and (iii) an opinion of independent legal
        counsel of recognized standing (which opinion shall be reasonably satisfactory to the Trustee and paying agent) that such Foreign Successor Issuer has or will become obligated to pay Additional Amounts as a result of the circumstances referred to
        in clause (a) or (b) of this Section 3.04.

       

      The Trustee and paying agent shall receive and will be entitled to conclusively rely upon the officers’ certificate and opinion as sufficient evidence of the satisfaction of the conditions precedent described above, in
        which case they will be conclusive and binding on the holders.

       

      Section 3.05          Payment of Additional Amounts.

       

      (a)          All payments of Principal, premium and interest made by a Foreign Successor Issuer in respect of the Notes
          will be made without withholding or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature (“Taxes”) imposed or levied by or within any
          jurisdiction in which such Foreign Successor Issuer is incorporated or organized or where such Foreign Successor Issuer is otherwise considered by a taxing authority to be a resident or doing business for tax purposes or from or through which
          such Foreign Successor Issuer makes any payment on the Notes (in each case, including any political subdivision or any authority therein or thereof having the power to tax) (each a “Relevant Jurisdiction”),
          unless such withholding or deduction of such Taxes is required by law. For the avoidance of doubt, a Relevant Jurisdiction shall not include the United States, any state thereof or the District of Columbia. If a Foreign Successor Issuer is
          required to make such withholding or deduction, the Foreign Successor Issuer will pay such additional amounts (“Additional Amounts”) as will result in receipt by each Holder of any Notes of such amounts as
          would have been received by such Holder had no such withholding or deduction of such Taxes been required, except that no such Additional Amounts shall be payable:

       

      
        11

        
          

      

      (i)          in respect of any such Taxes that would not have been imposed, deducted or withheld but for the existence of
          any connection (whether present or former) between the Holder or beneficial owner of a Note and the Relevant Jurisdiction other than merely holding such Note or receiving Principal, premium (if any) or interest in respect thereof (including such
          Holder or beneficial owner being or having been a national, domiciliary or resident of such Relevant Jurisdiction or treated as a resident thereof or being or having been physically present or engaged in a trade or business therein or having or
          having had a permanent establishment therein);

       

      (ii)         in respect of any Note presented for payment (where presentation is required) more than 30 days after the
          relevant date, except to the extent that the Holder thereof would have been entitled to such Additional Amounts on presenting the same for payment on the last day of such 30-day period. For this purpose, the “relevant

            date” in relation to any Note means the later of (a) the due date for such payment or (b) the date such payment was made or duly provided for;

      

        

      (iii)        in respect of any Taxes that would not have been imposed, deducted or withheld but for a failure of the
          Holder or beneficial owner of a Note to comply with a timely request by the Foreign Successor Issuer addressed to the Holder or beneficial owner to provide information or certification concerning such Holder’s or beneficial owner’s nationality,
          residence, identity or connection with any Relevant Jurisdiction, if and to the extent that due and timely compliance with such request is required under the tax laws of such jurisdiction in order to reduce or eliminate any withholding or
          deduction as to which Additional Amounts would have otherwise been payable to such Holder;

       

      (iv)        in respect of any Taxes imposed as a result of a Note being presented for payment (where presentation is
          required) in the Relevant Jurisdiction, unless such Note could not have been presented for payment elsewhere;

       

      (v)         in respect of any estate, inheritance, gift, sale, transfer, personal property or similar Taxes;

       

      (vi)        to any Holder of a Note that is a fiduciary, partnership or person other than the sole beneficial owner of
          any payment to the extent that such payment would be required to be included in the income under the laws of a Relevant Jurisdiction, for tax purposes, of a beneficiary or settlor with respect to the fiduciary, or a member of that partnership or
          a beneficial owner who would not have been entitled to such Additional Amounts had that beneficiary, settlor, partner or beneficial owner been the Holder thereof;

       

      
        12

        
          

      

      (vii)       with respect to any withholding or deduction that is imposed in connection with Sections 1471-1474 of the
          U.S. Internal Revenue Code of 1986, as amended (the “Code”) (or any amended or successor versions of such Sections) and U.S. Treasury regulations thereunder or official interpretations thereof, any
          agreement entered into pursuant to Section 1471(b)(1) of the Code, any intergovernmental agreement between the United States and any other jurisdiction implementing or relating to such Sections or any non-U.S. law, regulation or guidance enacted
          or issued with respect to the foregoing;

      

        

      (viii)      In respect of any such Taxes payable other than by deduction or withholding from payments under or with
          respect to any Note; or

       

      (ix)        any combination of Taxes referred to in the preceding items (i) through (viii) above.

       

      (b)          Any Foreign Successor Issuer will (i) make any such withholding or deduction required by applicable law and
          (ii) remit the full amount deducted or withheld to the relevant authority in accordance with applicable law. The Foreign Successor Issuer will make reasonable efforts to obtain certified copies of tax receipts evidencing the payment of any Taxes
          so deducted or withheld from each Relevant Jurisdiction imposing such Taxes. The Foreign Successor Issuer will provide to the Trustee, within a reasonable time after the date the payment of any Taxes so deducted or withheld are due pursuant to
          applicable law, either a certified copy of tax receipts evidencing such payment, or, if such tax receipts are not reasonably available to the Foreign Successor Issuer, such other documentation that provides reasonable evidence of such payment by
          the Foreign Successor Issuer.

       

      (c)          Any Foreign Successor Issuer will indemnify and hold harmless the Holders of Notes, and, upon written request
          of any Holder of Notes, reimburse such Holder for the amount of (i) any Taxes levied or imposed by a Relevant Jurisdiction and payable by such Holder in connection with payments made under or with respect to the Notes, held by such Holder; and
          (ii) any Taxes levied or imposed by a Relevant Jurisdiction with respect to any reimbursement under the foregoing clause (i) or this clause (ii), so that the net amount received by such Holder after such reimbursement will not be less than the
          net amount such Holder would have received if the Taxes giving rise to the reimbursement described in clauses (i) and/or (ii) of this clause (c) of Section 3.05 had not been imposed, provided, however, that the indemnification obligation provided
          for in this clause (c) shall not extend to Taxes imposed for which the Holder of the Notes would not have been eligible to receive payment of Additional Amounts hereunder by virtue of clauses (i) through (x) in clause (a) above or to the extent
          such Holder received Additional Amounts with respect to such payments.

       

      (d)          Any Foreign Successor Issuer will pay any stamp, issue, registration, court, documentation, excise or other
          similar taxes, charges and duties, including interest and penalties with respect thereto, imposed by any Relevant Jurisdiction at any time after the merger described above in respect of the execution, issuance, registration or delivery of the
          Notes or any other document or instrument referred to thereunder and any such taxes, charges or duties imposed by any Relevant Jurisdiction at any time after the merger described above as a result of, or in connection with, any payments made
          pursuant to the Notes and/or the enforcement of the Notes and/or any other such document or instrument.

       

      
        13

        
          

      

      (e)          Whenever there is mentioned, in any context, the payment of Principal, premium or interest in respect of any
          Note, such mention shall be deemed to include the payment of Additional Amounts provided for in this Supplemental Indenture, to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof pursuant to this
          Supplemental Indenture.

       

      (f)          The obligation to make payments of Additional Amounts under the terms and conditions described above will
          survive any termination, defeasance or discharge of this Supplemental Indenture and will apply mutatis mutandis to any successor Person to any Foreign Successor Issuer (other than a Person organized
          under the laws of the United States, any state thereof or the District of Columbia) and to any jurisdiction in which such successor is organized or is otherwise resident for tax purposes or any jurisdiction from or through which payment is made
          by such successor or its respective agents.

       

      ARTICLE IV

       

      PARTICULAR COVENANTS

       

      Section 4.01          Limitation on Liens.
        The Company will not, and will not permit any Significant Subsidiary to, incur, issue, assume or guarantee any notes, bonds, debentures or other similar evidences of indebtedness for money borrowed (herein called “debt”)

        secured by a pledge of, or mortgage or other lien on, any Principal Property, now owned or hereafter owned by the Company or any Significant Subsidiary, or any shares of capital stock or debt of any Significant Subsidiary (herein called “liens”), without providing that the Notes (together with, if the Company shall so determine, any other debt or obligations of the Company or any Significant Subsidiary ranking equally with the Notes and then
        existing or thereafter created) shall be secured equally and ratably with (or, at its option, prior to) such secured debt so long as such secured debt shall be so secured. The foregoing restrictions shall not apply to:

       

      (a)          liens existing as of the date of this Supplemental Indenture;

       

      (b)          liens on any property acquired (whether by merger, consolidation, purchase, lease or otherwise), constructed
          or improved by the Company or any Significant Subsidiary after the date of this Supplemental Indenture which are created or assumed prior to, contemporaneously with, or within 360 days after, such acquisition, construction or improvement, to
          secure or provide for the payment of all or any part of the cost of such acquisition, construction or improvement (including related expenditures capitalized for federal income tax purposes in connection therewith) incurred after the date of this
          Supplemental Indenture;

       

      
        14

        
          

      

      (c)          liens on any property, shares of capital stock or debt existing at the time of the acquisition thereof,
          whether by merger, consolidation, purchase, lease or otherwise (including liens on property, shares of capital stock or indebtedness of a corporation existing at the time such Person becomes a Significant Subsidiary); provided that such lien was
          not created in anticipation of the Person becoming a Significant Subsidiary;

       

      (d)          liens in favor of, or which secure debt owing to, the Company or any Significant Subsidiary; and

       

      (e)          any extension, renewal or replacement (or successive extensions, removals or replacements) as a whole or in
          part, of any lien referred to in the foregoing clauses (a) – (d), inclusive; provided that (i) such extension, renewal or replacement lien shall be limited to all or a part of the same property, shares of capital stock or debt that secured the
          lien extended, renewed or replaced (plus improvements on such property) and (ii) the debt secured by such lien at such time is not increased.

       

      Notwithstanding the restrictions described above, the Company or any Significant Subsidiary may incur, issue, assume or guarantee any debt secured by a lien which would otherwise be subject to the foregoing restrictions without equally and
        ratably securing the Notes, provided that at the time of such incurrence, issuance, assumption or guarantee, after giving effect thereto, the aggregate amount of all outstanding debt secured by liens which could not have been incurred, issued,
        assumed or guaranteed by the Company or a Significant Subsidiary without equally and ratably securing the Notes then outstanding except for the provisions of this paragraph, together with the aggregate amount of Attributable Debt incurred pursuant
        to Section 4.02(a) does not at such time exceed 15% of the Company’s Consolidated Net Tangible Assets.

       

      Section 4.02          Limitation on Sale/Leaseback Transactions. The Company may not, and may not permit
        any Significant Subsidiary to, enter into any Sale and Leaseback Transaction involving any Principal Property, unless either of the following conditions are met:

       

      (a)          after giving effect thereto, the aggregate amount of all Attributable Debt with respect to Sale and Leaseback
          Transactions plus the aggregate amount of debt secured by a lien incurred without equally and ratably securing the Notes pursuant to the last paragraph of Section 4.01 above would not exceed 15% of the Company’s Consolidated Net Tangible Assets,
          or

       

      (b)          within 180 days of such Sale and Leaseback Transaction, the Company or such Significant Subsidiary applies to
          (a) the retirement or prepayment, and in either case, the permanent reduction, of Funded Debt of the Company or any Significant Subsidiary (including that in the case of a revolver or similar arrangement that makes credit available, such
          commitment is so permanently reduced by such amount) or (b) the purchase of other property that will constitute Principal Property, an amount not less than the Net Proceeds of the Sale and Leaseback Transaction.

       

      This restriction will not apply to any Sale and Leaseback Transaction, and there will be excluded from Attributable Debt in any computation described in this Section 4.02 or under Section 4.01 above with respect to any such transaction (x)
        solely between the Company and a Significant Subsidiary or solely between Significant Subsidiaries; and (y) in which the applicable lease is for a period, including renewal rights, of three years or less.

       

      
        15

        
          

      

      Section 4.03          Offer to Purchase Upon Change of Control Triggering Event. (a) Upon the occurrence of a Change of Control Triggering Event, unless the Company has exercised its right to redeem all of the Notes pursuant to Section 3.03 hereof, each Holder will have the right to require the Company to
        repurchase all or a portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the offer described below (the “Change of Control Offer”), at a purchase
        price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (the “Change of Control Payment”), subject to the rights of Holders on the relevant
        record date to receive interest due on the relevant interest payment date.

       

      (b)          Within 30 days following the date upon which a Change of Control Triggering Event occurs, or at its option,
          prior to any Change of Control Offer but after the public announcement of the pending Change of Control, the Company will be required to send, by first class mail, a notice to each Holder at its registered address, with a copy to the Trustee,
          which notice will govern the terms of the Change of Control Offer. Such notice will state:

       

      (i)          that such Change of Control Triggering Event has occurred and that such Holder has the right to require the
          Company to repurchase such Holder’s Notes at a purchase price in cash equal to 101% of the principal amount of the Notes plus accrued and unpaid interest, if any, to the date of repurchase (subject to the rights of Holders of records on the
          relevant interest record date to receive interest due on the relevant interest payment date) (the “Change of Control Payment”);

       

      (ii)         the date of repurchase, which must be no earlier than 30 days nor later than 60 days from the date the
          Change of Control Offer is mailed, other than as may be required by law (the “Change of Control Payment Date”);

       

      (iii)        the procedures determined by the Company, consistent with the Indenture, that a Holder must follow in order
          to have its Notes repurchased; and

       

      (iv)        if the notice is mailed prior to the date of consummation of the Change of Control, that the Change of
          Control Offer is conditioned on the Change of Control Triggering Event occurring on or prior to the Change of Control Payment Date.

       

      
        16

        
          

      

      (c)          On the Change of Control Payment Date, the Company shall, to the extent lawful, accept for payment, all Notes
          or portions thereof validly tendered and not withdrawn pursuant to the Change of Control Offer, and shall deposit with the Paying Agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes so tendered. The
          Company shall also deliver or cause to be delivered to the Trustee the Notes so accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being repurchased by the Company. The Paying
          Agent shall deliver or cause to be delivered to each tendering Holder the Change of Control Payment for the Notes tendered by such Holder and accepted by the Company for purchase, and the Trustee, upon receipt of an order from the Company, shall
          promptly authenticate and cause to be delivered (or cause to be transferred by book-entry) to each Holder a new Note equal in principal amount to any unpurchased portion of the Note surrendered, if any, provided that each such new Note shall be
          in a principal amount of $2,000 and integral multiples of $1,000 in excess thereof. Notwithstanding the foregoing, in the event that on the Change of Control Payment Date, there has occurred and is continuing an Event of Default (other than any
          Event of Default arising solely by failure to pay the Change of Control Payment), the Company shall not be obligated to accept Notes tendered pursuant to this Section 4.03 or to deposit with the Paying Agent any amounts representing any Change of
          Control Payments, and the Paying Agent shall not deliver or cause to be delivered to any tendering Holders any amounts representing any Change of Control Payments.

       

      (d)          If the Change of Control Payment Date is on or after an interest record date and on or before the related
          interest payment date, any accrued and unpaid interest, if any, shall be paid to the Person in whose name a Note is registered at the close of business on such interest record date, and no additional interest will be payable to Holders who tender
          pursuant to the Change of Control Offer.

       

      (e)          Holders of Notes electing to have Notes repurchased pursuant to a Change of Control Offer will be required to
          surrender their Notes, with the form entitled “Option of Holder to Elect Repurchase” on the reverse of the Note completed, to the Trustee at the address specified in the notice, or transfer their Notes to the Company by book-entry transfer
          pursuant to the applicable procedures of the Trustee, prior to the close of business on the third Business Day prior to the Change of Control Payment Date.

       

      (f)          The Company will comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities
          laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any such securities laws
          or regulations conflict with the Change of Control Offer provisions of the Notes, the Company will comply with those securities laws and regulations and will not be deemed to have breached its obligations under the Change of Control Offer
          provisions of the Notes by virtue of any such conflict.

       

      (g)          The Company shall not be required to make a Change of Control Offer if a third party makes such an offer in
          the manner and at the times required and otherwise in compliance with the requirements for such an offer made by the Company, and such third party purchases all Notes validly tendered and not withdrawn under its offer.

       

      ARTICLE V

       

      DEFAULTS

       

      Section 5.01          Defaults. In addition to the Events of Default described in the Base Indenture, the
        following shall constitute an “Event of Default” under this Supplemental Indenture:

       

      
        17

        
          

      

      (a)          if the Company or any of its Significant Subsidiaries default under any mortgage, indenture or instrument
          under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by the Company or such Significant Subsidiary, as the case may be, whether such indebtedness now exists, or is created after the
          date of this Indenture, if that Default:

       

      (i)          is caused by a failure to pay Principal when due at maturity (a “Principal
            Payment Default”); or

       

      (ii)         results in the acceleration of such indebtedness prior to its stated maturity (an “Acceleration Event”);

       

      and, in each case, the principal amount of any such indebtedness, together with the principal amount of any other such indebtedness under which there has been a Principal Payment Default or an
        Acceleration Event, aggregates $100 million or more.

       

      ARTICLE VI

      MISCELLANEOUS

       

      Section 6.01          Trust Indenture Act Controls. This
        Supplemental Indenture shall incorporate and be governed by the provisions of the Trust Indenture Act that are required to be part of and to govern indentures qualified under the Trust Indenture Act.

       

      Section 6.02          Governing Law. The laws of the State of New
        York shall govern this Supplemental Indenture and the Notes.

       

      Section 6.03          Consent to Jurisdiction. A Foreign Successor Issuer will irrevocably submit to the non-exclusive jurisdiction of any New York state court or any U.S. federal court sitting in the Borough of Manhattan, The City of New York, in respect
          of any legal action or proceeding arising out of or in relation to the Indenture or the Notes, and will agree that all claims in respect of such legal action or proceeding may be heard and determined in such New York state or U.S. federal court
          and will waive, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of any such action or proceeding in any such court.

       

      Section 6.04          Successors. All agreements of the Company in
        this Supplemental Indenture and the Notes will bind their respective successors. All agreements of the Trustee in this Supplemental Indenture will bind its successors.

       

      Section 6.05          Severability. In case any provision in this
        Supplemental Indenture or in the Notes will be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby.

       

      Section 6.06          Counterpart Originals. The parties may sign
        any number of copies of this Supplemental Indenture. Each signed copy will be an original, but all of them together represent the same agreement. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF
        transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental 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.

       

      
        18

        
          

      

      Section 6.07          Table of Contents, Headings, Etc.. The Table
        of Contents and headings of the Articles and Sections of this Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part of this Supplemental Indenture and will in no way modify or restrict any of
        the terms or provisions hereof.

       

      Section 6.08          Validity or Sufficiency of Supplemental Indenture. The

        Trustee is not responsible for the validity or sufficiency of this Supplemental Indenture, or for the recitals contained herein.

       

      Section 6.09          Waiver of Jury Trial. EACH OF THE COMPANY
        AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE, THE NOTES OR THE TRANSACTIONS
        CONTEMPLATED HEREBY.

       

      [Signatures on following page]

       

      
        19

        
          

      

      SIGNATURES

       

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

       

      	 	
              TAPESTRY, INC., as the Company

            
	 	 
	 	
              By:

            	
              
                /s/ Scott Roe

              

            
	 	 	
              Name: Scott Roe

            
	 	 	
              Title: Chief Financial Officer and Head of Strategy

            

      

      

      
        [Signature Page to First Supplemental Indenture]

      

      

      

      
        20

        
          

      

      	 	
              U.S. Bank National Association, as the Trustee

            
	 	 
	 	
              By:

            	
              
                     /s/ Beverly A. Freeney

              

            
	 	 	
              Name: Beverly A. Freeney

            
	 	 	
              Title: Vice President

            

      

      

      
        [Signature Page to First Supplemental Indenture]

      

      

      

      
        21

        
          

      

      EXHIBIT A

       

      FORM OF FACE OF NOTE

       

      [GLOBAL SECURITY LEGEND]

       

      THIS SECURITY IS A REGISTERED GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY, WHICH MAY BE TREATED BY THE
        COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS SECURITY FOR ALL PURPOSES.

       

      UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”) TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
        REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC),
        ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE
        DEPOSITARY, OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.

       

      
        A-1

        
          

      

      3.050% SENIOR NOTE DUE 2032

       

      Tapestry, Inc.

       

      
        	
                 

              	
                 CUSIP No.876030AA5

              
	
                 

              	
                 ISIN No.US876030AA54

              
	No. [001] 	
                 $[●]

              

      

       

      Interest. TAPESTRY, INC., a Maryland corporation (herein called the “Company”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the principal sum of [●] United States
          dollars (U.S.$ [●]), as revised by the Schedule of Increases or Decreases attached hereto, on March 15, 2032 and to pay interest thereon from December 1, 2021 or from the most recent interest payment date to which interest has been paid or duly
          provided for, semi-annually in arrears on March 15 and September 15 in each year, commencing March 15, 2022, at the rate of 3.050% per annum, until the principal hereof is paid or made available for payment. Interest shall be calculated on the
          basis of a 360-day year consisting of twelve 30-day months.

       

      Method of Payment. The interest so payable, and punctually paid or duly provided for, on any interest payment date will, as provided in the Indenture (as defined on the reverse hereof), be paid to the Person in whose name this Note (or one or
          more predecessor Notes) is registered at the close of business on the relevant record date for such interest, which shall be March 1 or September 1, as the case may be, next preceding such interest payment date.

       

      Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

       

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

       

      
        A-2

        
          

      

      IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed.

       

      Dated: December 1, 2021

       

      	 	
              TAPESTRY, INC.

            	 
	 	 	 
	 	
              By:

            	 	 	 
	 	 	
              Name:

            	 	 
	 	 	
              Title:

            	 	 
	 	
              By:

            	 	 	 
	 	 	
              Name:

            	 	 
	 	 	
              Title:

            	 	 

       

      
        A-3

        
          

      

      TRUSTEE’S CERTIFICATE OF AUTHENTICATION

       

      This is one of the Notes of the series designated therein referred to in the within-mentioned Indenture.

       

      	
              Date of authentication:

            	 	
              U.S. Bank National Association, as Trustee

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Authorized Signatory

            

      

      

      
        A-4

        
          

      

      FORM OF REVERSE OF NOTE

       

      Indenture. This Note is one of a duly authorized issue of securities of the Company (herein called the “Notes”), issued and to be issued in one or more series under an Indenture, dated as of December 1, 2021, as supplemented by a First Supplemental
          Indenture, dated as of December 1, 2021 (as so supplemented, herein called the “Indenture”), between the Company and U.S. Bank National Association, as Trustee (herein called the “Trustee”, which term includes any successor trustee under the
          Indenture), to which Indenture reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Notes and of the terms upon which the
          Notes are, and are to be, authenticated and delivered. This Note is designated on the face hereof, initially limited in aggregate principal amount to $500,000,000.

       

      Optional Redemption. Prior to December 15, 2031, the Company may redeem the Notes at its option, in whole or in part, at any time or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the Notes to
          be redeemed or (2) as determined by a Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest thereon that would have been payable in respect of such Notes calculated as if the maturity date of
          such Notes was December 15, 2031 (the date that is three months prior to the scheduled maturity date) (not including any portion of such payments of interest accrued to the date of redemption), discounted to the redemption date on a semi-annual
          basis at the Adjusted Treasury Rate plus, in the case of each of (1) and (2), accrued and unpaid interest to the redemption date.

       

      On and after December 15, 2031, the Company may redeem the Notes at its option, in whole or in part, at any time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued
        and unpaid interest to the redemption date.

       

      The redemption prices will be calculated assuming a 360-day year consisting of twelve 30-day months. If the date of redemption is on or after an interest record date and on or before the related interest payment date,
        the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such interest record date, and no additional interest is payable to Holders whose Notes will be subject to
        redemption by the Company. Unless the Company Defaults in payment of the redemption price, on and after the date of redemption, interest shall cease to accrue on the Notes or the portions thereof called for redemption.

       

      For purposes of determining the optional redemption price, the following definitions are applicable:

       

      “Business Day” means any day other than a Saturday, a Sunday or a day on which banking institutions in New York City are authorized or required by law, regulation or executive
        order to close.

       

      “Comparable Treasury Issue” means the United States Treasury security or securities selected by a Quotation Agent as having an actual or interpolated maturity comparable to the
        remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, with a maturity of December 15, 2031.

       

      
        A-5

        
          

      

      “Comparable Treasury Price” means, with respect to any redemption date for the Notes, (1) the average of the Reference Treasury Dealer Quotations for such redemption date, after
        excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than four such Reference Treasury Dealer Quotations, the average of all quotations obtained.

       

      “Quotation Agent” means the Reference Treasury Dealer appointed by the Company.

       

      “Reference Treasury Dealer” means (1) each of BofA Securities, Inc., J.P. Morgan Securities LLC and HSBC Securities (USA) Inc. (or any of their respective affiliates which are
        Primary Treasury Dealers), and their respective successors; provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in the United States of America (a “Primary Treasury Dealer”), the Company
        shall substitute therefor another Primary Treasury Dealer, and (2) any other Primary Treasury Dealer selected by the Company.

       

      “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Company, of the bid and
        asked prices for the Comparable Treasury Issue (expressed as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer as of 5:00 p.m., New York City time, on the third Business Day preceding
        such redemption date.

       

      Notice of any redemption will be mailed by first-class mail, or by electronic transmission in the case of Notes held in book-entry form, at least 10 days but not more than 60 days before the date of redemption to each
        Holder of the Notes to be redeemed. If less than all the Notes are to be redeemed, the Notes to be redeemed shall be selected by the Trustee on a pro rata basis or by lot and in accordance with the procedures of DTC.

       

      Except as set forth above, the Notes will not be redeemable by the Company prior to maturity and will not be entitled to the benefit of any sinking fund.

       

      Defaults and Remedies. If an Event of Default with respect to Notes of this series shall occur and be continuing, the principal of the Notes of this series may be declared due and payable in the manner and
          with the effect provided in the Indenture.

       

      Amendment, Modification and Waiver. The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Notes of each
          series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the Notes of each series at the time outstanding of each series to be affected.
          The Indenture also contains provisions permitting the Holders of a majority in aggregate principal amount of the Notes of each affected series at the time outstanding, on behalf of the Holders of all Notes of such affected series, to waive
          compliance by the Company with certain provisions of the Indenture and certain past Defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and
          upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

       

      
        A-6

        
          

      

      Restrictive Covenants. The Indenture contains customary limitations that restrict the Company’s ability to merge, consolidate or sell substantially all of its or their assets, place liens on its or their property or assets and engage in
          sale/leaseback transactions. Upon a Change of Control Triggering Event, a Holder of Notes will have the right, subject to certain terms and conditions specified in the Indenture, to cause the Company to repurchase all or any part of the Notes of
          such Holder at a purchase price equal to 101% of the principal amount of the Notes to be repurchased plus accrued and unpaid interest, if any, to the date of repurchase.

       

      Denominations, Transfer and Exchange. The Notes of this series are issuable only in registered form without coupons in denominations of $2,000 and in integral multiples of $1,000 in excess thereof. As
          provided in the Indenture and subject to certain limitations therein set forth, Notes of this series are exchangeable for a like aggregate principal amount of Notes of like tenor of a different authorized denomination, as requested by the Holder
          surrendering the same.

       

      As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registerable in the Security Register, upon surrender of this Note for registration of transfer at the
        Registrar accompanied by a written request for transfer in form satisfactory to the Company and the Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series and of
        like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

       

      No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

       

      Persons Deemed Owners. Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for all
          purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

       

      Miscellaneous. The Indenture and this Note shall be governed by and construed in accordance with the laws of the State of New York.

       

      All terms used in this Note and not defined herein shall have the meanings assigned to them in the Indenture.

       

      
        A-7

        
          

      

      SCHEDULE OF INCREASES OR DECREASES

       

      The following increases or decreases in this Note have been made:

       

      	
              
                Date of Exchange

              

            	 	
              
                Amount of increase in

                Principal of this Note

              

            	 	
              
                Amount of decrease 

                in Principal of this 

                Note

              

            	 	
              
                Principal of this Note 

                following each 

                decrease or increase

              

            	 	
              
                Signature of 

                authorized signatory 

                of Trustee

              

            
	 	 	 	 	 	 	 	 	 

      

      

      
        A-8

        
          

      

      FORM OPTION OF HOLDER TO ELECT REPURCHASE

       

      If you want to elect to have this Note purchased by the Company pursuant to Section 4.03 (Change of Control) of the Supplemental Indenture, check the box:

       

      ☐

       

      If you want to elect to have only part of this Note purchased by the Company pursuant to Section 4.03 of the Supplemental Indenture, state the amount:

       

      $

       

      Date:_______________    Your Signature:__________________________

       

      (Sign exactly as your name appears on the other side of the Note)

       

      Signature Guarantee:___________________________________

       

      Signature must be guaranteed by a participant in a recognized signature guaranty medallion program or other signature guarantor acceptable to the Trustee.

      

      

      

      

      A-9

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