Document:

First Amendment to Amended and Restated Credit Agreement

 Exhibit 10.1 
  
 FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT 
  
 THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT, dated
as of October 31, 2003 (the “First Amendment”), is by and among RED ROBIN INTERNATIONAL, INC., a Nevada corporation (the “Borrower”), RED ROBIN GOURMET BURGERS, INC. (the “Parent”),
those Domestic Subsidiaries of the Borrower identified as a “Guarantor” on the signature pages hereto and such other Domestic Subsidiaries of the Borrower as may from time to time become a party hereto (together with the Parent, each
individually a “Guarantor” and collectively the “Guarantors”), the Lenders party hereto (the “Lenders”) and WACHOVIA BANK, NATIONAL ASSOCIATION, as administrative agent for the Lenders (in
such capacity, the “Administrative Agent”). 
  
 W I T N E S S E T H 
  
 WHEREAS, the
Borrower, the Guarantors, the Lenders and the Administrative Agent are parties to that certain Amended and Restated Credit Agreement dated as of May 20, 2003 (as amended, modified, supplemented or restated from time to time, the “Credit
Agreement”; capitalized terms used herein shall have the meanings ascribed thereto in the Credit Agreement unless otherwise defined herein); 
  
 WHEREAS, the Borrower has requested that the Required Lenders (on behalf of the Lenders) agree to amend certain terms of the Credit Agreement as
set forth below; and 
  
 WHEREAS, the Required Lenders have
agreed to such amendments of the Credit Agreement, subject to the terms and conditions contained herein. 
  
 NOW, THEREFORE, in consideration of the agreements hereinafter set forth, and for other good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged, the parties hereto agree as follows: 
  
 SECTION 1 
  
 AMENDMENTS 

 
 1.1 Amendment to Section 6.8. Section 6.8 of the Credit
Agreement is hereby amended and restated in its entirety as follows: 
  
 Section 6.8 Ownership of Subsidiaries; Restrictions. 
  
 Each of the Credit Parties will not, nor will it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for wholly-owned Domestic Subsidiaries which are joined as Additional Credit Parties in accordance with the terms
hereof. Each of the Borrower and its Subsidiaries will not, nor will it permit any Subsidiary to, sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests in any of its Subsidiaries, nor will it, or 
  

 permit any Subsidiary to, issue, sell, transfer, pledge or otherwise dispose of any of its Capital Stock or other equity
interests, except as required by the Credit Documents or pursuant to a transaction permitted by Section 6.5(a)(iv). The Parent will not, nor will it permit any Subsidiary to, pledge any Capital Stock or other equity interests in any of its
Subsidiaries, except as required by the Credit Documents or pursuant to a transaction permitted by Section 6.5(a)(iv). 
  
 SECTION 2 
  
 CLOSING CONDITIONS 
  
 2.1 Conditions Precedent. This First Amendment shall become effective as of the date hereof upon the receipt by the Administrative Agent of counterparts of this First Amendment, which collectively shall
have been duly executed on behalf of (a) the Borrower, (b) the Parent, (c) the Guarantors and (d) the Required Lenders. 
  
 SECTION 3 
  
 MISCELLANEOUS 
  
 3.1 Amended Terms. The term “Credit Agreement” as used in each of the Credit Documents shall hereafter mean the Credit Agreement as amended by this First Amendment. Except as specifically
amended hereby or otherwise agreed, the Credit Agreement is hereby ratified and confirmed and shall remain in full force and effect according to its terms. 
  
 3.2 Representations and Warranties of Credit Parties. Each Credit Party hereby represents and warrants as follows: 
  
 (a) It has taken all necessary action to authorize the
execution, delivery and performance of this First Amendment. 
  
 (b) This First Amendment has been duly executed and delivered by such Person and constitutes such Person’s legal, valid and binding obligations, enforceable in accordance with its terms, except as such
enforceability may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting creditors’ rights generally and (ii) general principles of equity (regardless of whether such
enforceability is considered in a proceeding at law or in equity). 
  
 (c) No consent, approval, authorization or order of, or filing, registration or qualification with, any court or governmental authority or third party is required in connection with the execution, delivery or
performance by such Person of this First Amendment. 
  

 2 

 (d) Both before and after giving effect to this Amendment, the representations and
warranties set forth in Article III of the Credit Agreement are, subject to the limitations set forth therein, true and correct in all respects as of the date hereof (except for those which expressly relate to an earlier date). 
  
 (e) Both before and after giving effect to this Amendment,
no Default or Event of Default has occurred and is continuing. 
  
 3.3 Credit Document. This First Amendment shall constitute a Credit Document under the terms of the Credit Agreement and shall be subject to the terms and conditions thereof (including, without limitation, Sections 9.13, 9.14
and 9.17 of the Credit Agreement). 
  
 3.4 Entirety.
This First Amendment and the other Credit Documents embody the entire agreement between the parties hereto and supersede all prior agreements and understandings, oral or written, if any, relating to the subject matter hereof. 
  
 3.5 Counterparts. This First Amendment may be executed in any
number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and the same instrument. 
  
 3.6 GOVERNING LAW. THIS FIRST AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NORTH CAROLINA. 
  
 [Signature Pages to Follow] 
  

 3 

 IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this First Amendment to be
duly executed and delivered as of the date first above written. 
  

	 BORROWER:
	 	 	 	 RED ROBIN INTERNATIONAL, INC.,
 a
Nevada corporation

					
	 	 	 	 	 	 	By:	 	/s/    JAMES P. MCCLOSKEY        
	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 Name:  James P. McCloskey

 Title:    Chief Financial Officer

  

	 GUARANTORS:
	 	 	 	 RED ROBIN GOURMET BURGERS, INC.,
 a Delaware corporation
 RED ROBIN WEST, INC.,
 a Nevada
corporation
 RED ROBIN DISTRIBUTING COMPANY, INC.,
 a Colorado
corporation
 WESTERN FRANCHISE DEVELOPMENT, INC.,
 a California
corporation

					
	 	 	 	 	 	 	By:	 	/s/    JAMES P. MCCLOSKEY        
	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 Name:  James P. McCloskey
 Title:    Chief Financial Officer of each
 of the foregoing Guarantors

  

	 	 	 	 	 RED ROBIN OF ANNE ARUNDEL COUNTY, INC.,
 a Maryland corporation
 RED ROBIN OF BALTIMORE COUNTY, INC.,
 a Maryland corporation
 RED ROBIN OF MONTGOMERY COUNTY, INC.,
 a Maryland corporation
 RED ROBIN OF HOWARD COUNTY, INC.,
 a Maryland corporation
 RED ROBIN OF CHARLES COUNTY, INC.,
 a Maryland corporation

					
	 	 	 	 	 	 	By:	 	/s/    JAMES P. MCCLOSKEY        
	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 Name:  James P. McCloskey
 Title:    Secretary & Treasurer of each
 of the foregoing Guarantors

  
 [signature pages
continued] 

 ADMINISTRATIVE AGENT 
 AND LENDERS: 

	 WACHOVIA BANK, NATIONAL ASSOCIATION,
 as Administrative Agent and as a Lender

		
	By:	 	/s/    DAVID HAUGLID
	 	

	 	 	 Name: David Hauglid
 Title: Vice
President

  
 [signature pages
continue] 

	 WELLS FARGO BANK, N.A.,
 as
Syndication Agent and as a Lender

		
	By:	 	/s/    BRENDA PARK
	 	

	 	 	 Name: Brenda Park
 Title: Vice
President

  
 [signature pages
continue] 

	 U.S. BANK NATIONAL ASSOCIATION,
 as Documentation Agent and as a Lender

		
	By:	 	/s/    THOMAS MCCARTHY
	 	

	 	 	 Name: Thomas McCarthy
 Title: Vice
President

  
 [signature pages
continue] 

	 BANK OF AMERICA, N.A.,
 as a
Lender

		
	By:	 	/s/    CHITT SWAMIDASAN
	 	

	 	 	 Name: Chitt Swamidasan
 Title:
Principal

  
 [signature pages
continue] 

	 KEY BANK N.A.,
 as a
Lender

		
	By:	 	/s/    DOUGLAS L. POGGE
	 	

	 	 	 Name: Douglas L. Pogge
 Title: Vice
President

  
 [signature pages
continue] 

	 SUNTRUST BANK,
 as a
Lender

		
	By:	 	/s/    SUSAN M. HALL
	 	

	 	 	 Name: Susan M. Hall
 Title: Managing
DirectorIndenture, dated as of June 4, 2003

 Exhibit 4.1 
  

  
 BP Capital Markets America Inc., 
  
 Company

  
 AND 
  
 BP p.l.c., 
  
 Guarantor 
  
 TO 
  
 JPMorgan Chase Bank, 
  
 Trustee 
  

  
 Indenture 
  
 Dated as of June 4, 2003 
  

  

 BP Capital Markets America Inc., 
 and 
 BP p.l.c. 
 to 
 JPMorgan Chase Bank 
  
 Indenture, dated as of June 4, 2003 
  
 Reference is made to the following provisions of the Trust Indenture Act of
1939, as amended, which establish certain duties and responsibilities of the Company and the Trustee which may not be set forth fully in this Indenture: 
  

	 Section

	  	 Subject

		
	 310(b)
	  	 Disqualifications of Trustee for conflicting interest

		
	 311
	  	 Preferential collection of claims of Trustee as creditor of Company

		
	 312(a)
	  	 Periodic filing of information by Company with Trustee

		
	 312(b)
	  	 Access of Securityholders to information

		
	 313(a)
	  	 Annual report of Trustee to Securityholders

		
	 313(b)
	  	 Additional reports of Trustee to Securityholders

		
	 314(a)
	  	 Reports by Company, including annual compliance certificate

		
	 314(c)
	  	 Evidence of compliance with conditions precedent

		
	 315(a)
	  	 Duties of Trustee prior to default

		
	 315(b)
	  	 Notice of default from Trustee to Securityholders

		
	 315(c)
	  	 Duties of Trustee in case of default

		
	 315(d)
	  	 Provisions relating to responsibility of Trustee

		
	 315(e)
	  	 Assessment of costs against litigating Securityholders in certain circumstances

		
	 316(a)
	  	 Directions and waivers by Securityholders in certain circumstances

		
	 316(b)
	  	 Prohibition of impairment of right of Securityholders to payment

		
	 316(c)
	  	 Right of Company to set record date for certain purposes

		
	 317(a)
	  	 Special powers of Trustee

		
	 318(a)
	  	 Provisions of Act to control in case of conflict

 BP Capital Markets America Inc., 
 and 
 BP p.l.c. 
 to 
 JPMorgan Chase Bank 
  
 Reconciliation and tie between Trust Indenture Act of 1939 and

 Indenture, dated as of June 4, 2003 
  

	 Trust Indenture
Act Section

	  	Indenture Section

	 §310(a)(1)
	  	 609

	         (a)(2)
	  	 609

	         (a)(3)
	  	 Not Applicable

	         (a)(4)
	  	 Not Applicable

	         (a)(5)
	  	 609

	         (b)
	  	 608

	 	  	 610

	 §311(a)
	  	 613(a)

	         (b)
	  	 613(b)

	         (b)(2)
	  	 703(a)(2)

	 	  	 703(b)

	 §312(a)
	  	 701

	 	  	 702(a)

	         (b)
	  	 702(b)

	         (c)
	  	 702(c)

	 §313(a)
	  	 703(a)

	         (b)
	  	 703(b)

	         (c)
	  	 703(a)

	 	  	 703(b)

	         (d)
	  	 703(c)

	 §314(a)(1)(2) and (3)
	  	 704

	         (a)(4)
	  	 1008

	         (b)
	  	 Not Applicable

	         (c)(1)
	  	 102

	         (c)(2)
	  	 102

	         (c)(3)
	  	 Not Applicable

	         (d)
	  	 Not Applicable

	         (e)
	  	 102

	 §315(a)
	  	 601(a)

	         (b)
	  	 602

	 	  	 703(a)(6)

	         (c)
	  	 601

	         (d)
	  	 601

	         (d)(1)
	  	 601

	         (d)(2)
	  	 601

	         (d)(3)
	  	 601

	         (e)
	  	 514

	 §316(a)
	  	 101

	         (a)(1)(A)
	  	 502

	 	  	 512

	         (a)(1)(B)
	  	 513

	         (a)(2)
	  	 Not Applicable

	         (b)
	  	 508

	         (c)
	  	 513

	 §317(a)(1)
	  	 503

	         (a)(2)
	  	 504

	         (b)
	  	 1006

	 §318(a)
	  	 107

 NOTE:    This
reconciliation and tie shall not, for any purpose, be deemed to be a part of the Indenture. 

 TABLE OF CONTENTS 
  

  
  
  

	 	  	 	  	PAGE

	 PARTIES
	  	1
	 RECITALS OF THE COMPANY
	  	1
	 RECITALS OF THE GUARANTOR
	  	1
	
	 ARTICLE ONE

	
	 DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

			
	                 SECTION 101.
	  	DEFINITIONS.	  	1
	 	  	Act	  	2
	 	  	Affiliate	  	2
	 	  	Authenticating Agent	  	2
	 	  	Board of Directors	  	2
	 	  	Board Resolution	  	2
	 	  	Business Day	  	2
	 	  	Commission	  	2
	 	  	Company	  	3
	 	  	Company Request	  	3
	 	  	Company Order	  	3
	 	  	Corporate Trust Office	  	3
	 	  	corporation	  	3
	 	  	Defaulted Interest	  	3
	 	  	Depositary	  	3
	 	  	Event of Default	  	3
	 	  	Executive Officer’s Certificate	  	3
	 	  	Global Security	  	3
	 	  	Government Obligations	  	3
	 	  	Guarantee	  	4
	 	  	Guarantor	  	4
	 	  	Holder	  	4
	 	  	Indenture	  	4
	 	  	interest	  	4
	 	  	Interest Payment Date	  	4
	 	  	Maturity	  	4
	 	  	Officers’ Certificate	  	4
	 	  	Opinion of Counsel	  	4
	 	  	Original Issue Discount Security	  	5
	 	  	Outstanding	  	5
	 	  	Paying Agent	  	6
	 	  	Periodic Offering	  	6
	 	  	Person	  	6
	 	  	Place of Payment	  	6
	 	  	Redemption Date	  	6

 NOTE: This table of contents shall
not, for any purpose, be deemed to be a part of the Indenture. 

	 	  	Redemption Price	  	6
	 	  	Regular Record Date	  	6
	 	  	Responsible Officer	  	6
	 	  	Securities	  	6
	 	  	Security Register	  	6
	 	  	Security Registrar	  	6
	 	  	Special Record Date	  	7
	 	  	Stated Maturity	  	7
	 	  	Subsidiary	  	7
	 	  	Trustee	  	7
	 	  	Trust Indenture Act	  	7
	 	  	United Kingdom	  	7
	 	  	Vice President	  	7
	                 SECTION 102.
	  	COMPLIANCE CERTIFICATES AND OPINIONS.	  	7
	                 SECTION 103.
	  	FORM OF DOCUMENTS DELIVERED TO TRUSTEE.	  	8
	                 SECTION
104.
	  	ACTS OF HOLDERS.	  	9
	                 SECTION
105.
	  	NOTICES, ETC., TO TRUSTEE, COMPANY AND GUARANTOR.	  	9
	                 SECTION
106.
	  	NOTICE TO HOLDERS; WAIVER.	  	10
	                 SECTION
107.
	  	CONFLICT WITH TRUST INDENTURE ACT.	  	10
	                 SECTION
108.
	  	EFFECT OF HEADINGS AND TABLE OF CONTENTS.	  	11
	                 SECTION
109.
	  	SUCCESSORS AND ASSIGNS.	  	11
	                 SECTION
110.
	  	SEPARABILITY CLAUSE.	  	11
	                 SECTION
111.
	  	BENEFITS OF INDENTURE.	  	11
	                 SECTION
112.
	  	GOVERNING LAW.	  	11
	                 SECTION
113.
	  	LEGAL HOLIDAYS.	  	11
	
	 ARTICLE TWO

	
	 SECURITY FORMS

			
	                 SECTION
201.
	  	FORMS GENERALLY.	  	12
	                 SECTION
202.
	  	FORM OF FACE OF SECURITY.	  	13
	                 SECTION
203.
	  	FORM OF REVERSE OF SECURITY.	  	14
	                 SECTION
204.
	  	FORM OF TRUSTEE’S CERTIFICATE OF AUTHENTICATION.	  	18
	                 SECTION
205.
	  	FORM OF GUARANTEE	  	19
	                 SECTION
206.
	  	FORM OF LEGEND FOR GLOBAL SECURITIES.	  	22
	
	 ARTICLE THREE

	
	 THE SECURITIES

			
	                 SECTION
301.
	  	AMOUNT UNLIMITED; ISSUABLE IN SERIES.	  	22
	                 SECTION
302.
	  	DENOMINATIONS.	  	25
	                 SECTION
303.
	  	EXECUTION, AUTHENTICATION, DELIVERY AND DATING.	  	25
	                 SECTION
304.
	  	TEMPORARY SECURITIES.	  	27

  

 ii 

	                 SECTION 305.
	  	REGISTRATION, REGISTRATION OF TRANSFER AND EXCHANGE.	  	28
	                 SECTION
306.
	  	MUTILATED, DESTROYED, LOST AND STOLEN SECURITIES.	  	29
	                 SECTION
307.
	  	PAYMENT OF INTEREST; INTEREST RIGHTS PRESERVED.	  	30
	                 SECTION
308.
	  	PERSONS DEEMED OWNERS.	  	31
	                 SECTION
309.
	  	CANCELLATION.	  	32
	                 SECTION
310.
	  	COMPUTATION OF INTEREST.	  	32
	
	 ARTICLE FOUR

	
	 SATISFACTION AND DISCHARGE

			
	                 SECTION
401.
	  	SATISFACTION AND DISCHARGE OF INDENTURE.	  	32
	                 SECTION
402.
	  	APPLICATION OF TRUST MONEY.	  	33
	                 SECTION
403.
	  	DEFEASANCE UPON DEPOSIT OF MONEYS OR GOVERNMENT
OBLIGATIONS.	  	34
		
	 ARTICLE FIVE
	  	 
		
	 REMEDIES
	  	 
			
	                 SECTION
501.
	  	EVENTS OF DEFAULT.	  	36
	                 SECTION
502.
	  	ACCELERATION OF MATURITY; RESCISSION AND ANNULMENT.	  	38
	                 SECTION
503.
	  	COLLECTION OF INDEBTEDNESS AND SUITS FOR ENFORCEMENT BY
TRUSTEE.	  	40
	                 SECTION
504.
	  	TRUSTEE MAY FILE PROOFS OF CLAIM.	  	40
	                 SECTION
505.
	  	TRUSTEE MAY ENFORCE CLAIMS WITHOUT POSSESSION OF
SECURITIES.	  	41
	                 SECTION
506.
	  	APPLICATION OF MONEY COLLECTED.	  	41
	                 SECTION
507.
	  	LIMITATION ON SUITS.	  	42
	                 SECTION
508.
	  	UNCONDITIONAL RIGHT OF HOLDERS TO RECEIVE PRINCIPAL,
PREMIUM AND INTEREST.	  	42
	                 SECTION
509.
	  	RESTORATION OF RIGHTS AND REMEDIES.	  	43
	                 SECTION
510.
	  	RIGHTS AND REMEDIES CUMULATIVE.	  	43
	                 SECTION
511.
	  	DELAY OR OMISSION NOT WAIVER.	  	43
	                 SECTION
512.
	  	CONTROL BY HOLDERS.	  	43
	                 SECTION
513.
	  	WAIVER OF PAST DEFAULTS.	  	44
	                 SECTION
514.
	  	UNDERTAKING FOR COSTS.	  	45
	                 SECTION
515.
	  	WAIVER OF STAY OR EXTENSION LAWS.	  	45
	
	 ARTICLE SIX

	
	 THE TRUSTEE

			
	                 SECTION
601.
	  	CERTAIN DUTIES AND RESPONSIBILITIES.	  	45

  

 iii 

	                 SECTION 602.
	  	NOTICE OF DEFAULTS.	  	46
	                 SECTION
603.
	  	CERTAIN RIGHTS OF TRUSTEE.	  	46
	                 SECTION
604.
	  	NOT RESPONSIBLE FOR RECITALS OR ISSUANCE OF
SECURITIES.	  	47
	                 SECTION
605.
	  	MAY HOLD SECURITIES.	  	47
	                 SECTION
606.
	  	MONEY HELD IN TRUST.	  	47
	                 SECTION
607.
	  	COMPENSATION AND REIMBURSEMENT.	  	48
	                 SECTION
608.
	  	DISQUALIFICATION; CONFLICTING INTERESTS.	  	48
	                 SECTION
609.
	  	CORPORATE TRUSTEE REQUIRED; ELIGIBILITY.	  	49
	                 SECTION
610.
	  	RESIGNATION AND REMOVAL; APPOINTMENT OF SUCCESSOR.	  	49
	                 SECTION
611.
	  	ACCEPTANCE OF APPOINTMENT BY SUCCESSOR.	  	50
	                 SECTION
612.
	  	MERGER, CONSOLIDATION OR SUCCESSION TO BUSINESS.	  	52
	                 SECTION
613.
	  	PREFERENTIAL COLLECTION OF CLAIMS AGAINST COMPANY.	  	52
	                 SECTION
614.
	  	APPOINTMENT OF AUTHENTICATING AGENT.	  	52
	
	 ARTICLE SEVEN

	
	 HOLDERS’ LISTS AND REPORTS BY TRUSTEE, COMPANY AND GUARANTOR

			
	                 SECTION
701.
	  	COMPANY AND GUARANTOR TO FURNISH TRUSTEE NAMES AND
ADDRESSES OF HOLDERS.	  	54
	                 SECTION
702.
	  	PRESERVATION OF INFORMATION; COMMUNICATIONS TO HOLDERS.	  	54
	                 SECTION
703.
	  	REPORTS BY TRUSTEE.	  	54
	                 SECTION
704.
	  	REPORTS BY COMPANY AND GUARANTOR.	  	56
	
	 ARTICLE EIGHT

	
	 CONSOLIDATION, AMALGAMATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

			
	                 SECTION
801.
	  	COMPANY OR GUARANTOR MAY CONSOLIDATE, ETC., ONLY ON
CERTAIN TERMS.	  	56
	                 SECTION
802.
	  	SUCCESSOR CORPORATION SUBSTITUTED.	  	57
	
	 ARTICLE NINE

	
	 SUPPLEMENTAL INDENTURES

			
	                 SECTION
901.
	  	SUPPLEMENTAL INDENTURES WITHOUT CONSENT OF HOLDERS.	  	58
	                 SECTION
902.
	  	SUPPLEMENTAL INDENTURES WITH CONSENT OF HOLDERS.	  	59
	                 SECTION
903.
	  	EXECUTION OF SUPPLEMENTAL INDENTURES.	  	60

  

 iv 

	                 SECTION 904.
	  	EFFECT OF SUPPLEMENTAL INDENTURES.	  	61
	                 SECTION
905.
	  	CONFORMITY WITH TRUST INDENTURE ACT.	  	61
	                 SECTION
906.
	  	REFERENCE IN SECURITIES TO SUPPLEMENTAL INDENTURES.	  	61
	
	 ARTICLE TEN

	
	 PARTICULAR COVENANTS OF COMPANY AND GUARANTOR

			
	                 SECTION 1001.
	  	PAYMENT OF PRINCIPAL, PREMIUM AND INTEREST BY
COMPANY.	  	61
	                 SECTION
1002.
	  	MAINTENANCE OF OFFICE OR AGENCY BY COMPANY.	  	61
	                 SECTION
1003.
	  	RESERVED.	  	62
	                 SECTION
1004.
	  	RESERVED.	  	62
	                 SECTION
1005.
	  	MAINTENANCE OF OFFICE OR AGENCY BY GUARANTOR.	  	62
	                 SECTION
1006.
	  	MONEY FOR SECURITIES PAYMENTS TO BE HELD IN
TRUST.	  	62
	                 SECTION
1007.
	  	CORPORATE EXISTENCE.	  	64
	                 SECTION
1008.
	  	STATEMENT BY EXECUTIVE OFFICERS AS TO COMPLIANCE.	  	64
	                 SECTION
1009.
	  	WAIVER OF CERTAIN COVENANTS.	  	64
	                 SECTION
1010.
	  	ADDITIONAL AMOUNTS.	  	65
	
	 ARTICLE ELEVEN

	
	 REDEMPTION OF SECURITIES

			
	                 SECTION
1101.
	  	APPLICABILITY OF ARTICLE.	  	67
	                 SECTION
1102.
	  	ELECTION TO REDEEM; NOTICE TO TRUSTEE.	  	67
	                 SECTION
1103.
	  	SELECTION BY TRUSTEE OF SECURITIES TO BE
REDEEMED.	  	67
	                 SECTION
1104.
	  	NOTICE OF REDEMPTION.	  	68
	                 SECTION
1105.
	  	DEPOSIT OF REDEMPTION PRICE.	  	68
	                 SECTION
1106.
	  	SECURITIES PAYABLE ON REDEMPTION DATE.	  	69
	                 SECTION
1107.
	  	SECURITIES REDEEMED IN PART.	  	69
	                 SECTION
1108.
	  	OPTIONAL REDEMPTION DUE TO CHANGES IN TAX
TREATMENT.	  	69
	
	 ARTICLE TWELVE

	
	 SINKING FUNDS

			
	                 SECTION
1201.
	  	APPLICABILITY OF ARTICLE.	  	70
	                 SECTION
1202.
	  	SATISFACTION OF SINKING FUND PAYMENTS WITH SECURITIES.	  	70
	                 SECTION
1203.
	  	REDEMPTION OF SECURITIES FOR SINKING FUND.	  	71

  

 v 

	 ARTICLE THIRTEEN

	
	 GUARANTEES

			
	                 SECTION 1301.
	  	GUARANTEE.	  	71
	                 SECTION 1302.
	  	SUBROGATION.	  	72
	                 SECTION
1303.
	  	EXECUTION AND DELIVERY OF GUARANTEES.	  	72
	                 SECTION
1304.
	  	SUBMISSION TO JURISDICTION.	  	72

  

	 TESTIMONIUM
	  	74
	 SIGNATURES
	  	74
	 ACKNOWLEDGMENTS
	  	74
	 ANNEX A
	  	A-1

  

 vi 

 THIS INDENTURE is dated as of June 4, 2003, among BP Capital Markets America Inc., a corporation duly
organized and existing under the laws of the State of Delaware (herein called the “Company”), having its principal office at 4101 Winfield Road, Warrenville, Illinois 60555, and BP p.l.c., a corporation duly organized and existing under
the laws of England (herein called the “Guarantor”), having its principal office at 1 St. James’s Square, London SW1Y 4PD, England, and JPMorgan Chase Bank, a corporation duly organized and existing under the laws of the State of New
York, as Trustee (herein called the “Trustee”) having its Corporate Trust Office at 4 New York Plaza, New York, New York 10004. 
  
 RECITALS OF THE COMPANY 
  
 The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time
of its unsecured debentures, notes or other evidences of indebtedness (herein called the “Securities”), to be issued in one or more series as in this Indenture provided. 
  
 All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

  
 RECITALS OF THE
GUARANTOR 
  
 The Guarantor desires to make the
Guarantees provided for herein. 
  
 All things necessary to make
this Indenture a valid agreement of the Guarantor, in accordance with its terms, have been done. 
  
 NOW, THEREFORE, THIS INDENTURE WITNESSETH: 
  
 For and in consideration of the premises and the purchase of the Securities
by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders of the Securities or of any series thereof, as follows: 
  
 ARTICLE ONE 
  
 DEFINITIONS AND OTHER PROVISIONS 
 OF GENERAL APPLICATION 
  
 Section 101. Definitions. 
  
 For all purposes of this indenture, except as otherwise expressly provided or unless the context otherwise requires: 
  
 (1) the terms defined in this Article have the meanings
assigned to them in this Article and include the plural as well as the singular; 

 (2) all other terms used herein which are defined in the Trust Indenture Act, either
directly or by reference therein, have the meanings assigned to them therein; 
  
 (3) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with accounting principles generally accepted, in the case of the Company, in the United States and, in the case
of the Guarantor, in the United Kingdom; and 
  
 (4) the words “herein”, “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision. 
  
 Certain terms, used principally in Article Six, are defined in that Article.

  
 “Act”, when used with respect to any Holder, has the
meaning specified in Section 104. 
  
 “Affiliate” of any
specified Person means any other Person indirectly controlling or controlled by or under direct or common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person
means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have
meanings correlative to the foregoing. 
  
 “Authenticating
Agent” means any Person authorized by the Trustee to act on behalf of the Trustee to authenticate Securities. 
  
 “Board of Directors”, when used with reference to the Company or the Guarantor, means either the board of directors, or any committee of such
board authorized to act for it hereunder, of the Company or of the Guarantor, as the case may be. 
  
 “Board Resolution”, when used with reference to the Company or the Guarantor, means a copy of a resolution certified by the Secretary or an
Assistant Secretary of the Company or by the Secretary, a Deputy Secretary, an Assistant Secretary or a Deputy Assistant Secretary of the Guarantor, as the case may be, to have been duly adopted by its Board of Directors and to be in full force and
effect on the date of such certification, and delivered to the Trustee. 
  
 “Business Day”, when used with respect to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking or trust institutions in that Place of Payment are authorized generally
or obligated 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. 
  

 2 

 “Company” means the Person named as the “Company” in the first paragraph of this
instrument until a successor corporation shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor corporation. 
  
 “Company Request” or “Company Order” means a written
request or order signed in the name of the Company or of the Guarantor, in the case of the Company, by a Director or a senior officer, or, in the case of the Guarantor, by one of its Directors or any other Person duly authorized thereto by Board
Resolution and by the Secretary, a Deputy Secretary, an Assistant Secretary or a Deputy Assistant Secretary, and delivered to the Trustee. 
  
 “Corporate Trust Office” means the office of the Trustee at which at any particular time its corporate trust business shall be principally
administered, which office at the date hereof is located at 4 New York Plaza, New York, New York 10004. 
  
 “corporation” means a corporation, association, company, limited liability company or business trust. 
  
 “Defaulted Interest” has the meaning specified in Section 307.

  
 “Depositary” means, with respect to the Securities
of any series issuable or issued in whole or in part in the form of one or more Global Securities, the clearing agency registered under the Exchange Act, as amended, specified for that purpose as contemplated by Section 301. 
  
 “Event of Default” has the meaning specified in Section 501.

  
 “Exchange Act” means the Securities Exchange Act of
1934 and any successor statute, in each case as amended from time to time. 
  
 “Executive Officer’s Certificate” means a certificate signed by the principal executive officer, principal financial officer or principal accounting officer of the Company or the Guarantor, as the case
may be. 
  
 “Global Security” means a Security bearing
the legend required by Section 206 evidencing all or part of a series of Securities, issued to the Depositary for such series or its nominee and registered in the name of the Depositary or its nominee. 
  
 “Government Obligations” means securities that are (i) direct
obligations of the United States of America or any foreign government of a sovereign state for the payment of which its full faith and credit is pledged or (ii) obligations of an entity controlled or supervised by and acting as an agency or
instrumentality of the United States of America or such foreign government the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America or such foreign government, as the case may be,
which, in either case under clauses (i) or (ii) are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such Government
Obligation or a specific payment of interest on or principal of any such Government 

  

 3 

 
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 Government Obligation or the specific payment of interest on or principal of the Government
Obligation evidenced by such depository receipt. 
  
 “Guarantee” means any guarantee of the Guarantor endorsed on a Security authenticated and delivered pursuant to this Indenture and shall include the guarantee set forth in Section 1301. 
  
 “Guarantor” means the Person named as the “Guarantor” in
the first paragraph of this Indenture until a successor corporation shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Guarantor” shall mean such successor corporation. 
  
 “Holder” means a Person in whose name a Security is registered in
the Security Register. 
  
 “Indenture” means this
instrument as originally executed or as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the applicable provisions hereof including, for all purposes of this instrument and
any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument and any such supplemental indenture, respectively, and shall include the terms of particular series of Securities
established as contemplated by Section 301. 
  
 “interest”, when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity. 
  
 “Interest Payment Date”, when used with respect to any Security, means the Stated Maturity of an installment of
interest on such Security. 
  
 “Maturity”, when used
with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for
redemption or otherwise. 
  
 “Officers’
Certificate” means a certificate signed, in the case of the Company, by a Director or a senior officer, or, in the case of the Guarantor, by one of its Directors or any other Person duly authorized thereto by Board Resolution and by the
Secretary, a Deputy Secretary, an Assistant Secretary or a Deputy Assistant Secretary, and delivered to the Trustee. Each such Officers’ Certificate shall contain the statements required by Section 314(e) of the Trust Indenture Act if
applicable. 
  
 “Opinion of Counsel” means a written
opinion of counsel, who may be an employee of or counsel to the Company or the Guarantor. Each such opinion shall include the statements required by Section 314(e) of the Trust Indenture Act, if applicable. 
  

 4 

 “Original Issue Discount Security” means any Security which 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 502. 
  
 “Outstanding”, when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and
delivered under this Indenture, except: 
  
 (i) Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation; 
  
 (ii) Securities for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any
Paying Agent (other than the Company or the Guarantor) in trust or set aside and segregated in trust by the Company or the Guarantor (if the Company or the Guarantor shall act as Paying Agent) for the Holders of such Securities; provided
however, that, if such Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; and 
  
 (iii) Securities which have been paid pursuant to Section
306 or in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it
that such Securities are held by a bona fide purchaser in whose hands such Securities are valid obligations of the Company; 
  
 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, (A) the principal amount of an Original Issue Discount Security that shall be deemed to be Outstanding shall be the amount of the principal thereof that would be due and payable as of
the date of such determination upon acceleration of the Maturity thereof pursuant to Section 502, (B) if, as of such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the principal amount of such Security
which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 301 (C) the principal amount of a Security denominated in one or more foreign currencies or currency units shall be the U.S. dollar
equivalent, determined in the manner provided as contemplated by Section 301 on the date of original issuance of such Security of the principal amount (or, in the case of a Security described in clause (A) or (B) above, the amount determined
pursuant to such Clause) of such Security and (D) Securities owned by the Company, the Guarantor or any other obligor upon the Securities or any Affiliate of the Company or the Guarantor or of such other obligor shall be disregarded and deemed not
to be Outstanding, except that, in determining whether the Trustee shall be protected in relying 

  

 5 

 
upon any such request, demand, authorization, direction, notice, consent or waiver, only Securities which the Trustee knows to be so owned shall be so
disregarded. Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the
pledgee is not the Company, the Guarantor or any other obligor upon the Securities or any Affiliate of the Company, the Guarantor or of such other obligor. 
  
 “Paying Agent” means any Person (which may include the Company or the Guarantor) authorized by the Company to pay the principal of (and premium,
if any) or interest on any Securities on behalf of the Company. 
  
 “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 thereon, if any, the States Maturity or
Maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Company upon the issuance of such Securities. 
  
 “Person” means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or government or any agency or political subdivision thereof. 
  
 “Place of Payment”, when used with respect to the Securities of any series, means the place or places where the principal of (and premium, if any) and interest on the Securities of that series are payable as
specified as contemplated by Section 301. 
  
 “Redemption
Date”, when used with respect to any Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture. 
  
 “Redemption Price”, when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this
Indenture. 
  
 “Regular Record Date” for the interest
payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 301. 
  
 “Responsible Officer”, when used with respect to the Trustee, means the Chairman or any Vice-Chairman of the board of directors, the Chairman or
any Vice-Chairman of the executive committee of the board of directors, the Chairman of the trust committee, the President, any Vice President or any Corporate Trust Officer of the Trustee. 
  
 “Securities” has the meaning stated in the first recital of this
Indenture and more particularly means any Securities that have been issued, authenticated and delivered under this Indenture. 
  
 “Security Register” and “Security Registrar” have the respective meanings specified in Section 305. 
  

 6 

 “Special Record Date” for the payment of any Defaulted Interest means a date fixed by the
Trustee pursuant to Section 307. 
  
 “Stated Maturity”,
when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is
due and payable. 
  
 “Subsidiary” means any corporation
of which at least a majority of the outstanding stock or equity interest having by the terms thereof ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether or not at the time stock of any
other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by the Guarantor or by one or more Subsidiaries, or by the
Guarantor and one or more Subsidiaries. 
  
 “Trustee”
means the Person named as the “Trustee” in the first paragraph of this instrument until a successor Trustee shall have become such pursuant to the applicable previsions of this Indenture, and thereafter “Trustee” shall mean or
include each Person who is than 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,
provided that the Trustee shall not be the Company, the Guarantor or any other obligor upon the Securities or any Affiliate of the Company, the Guarantor or of such other obligor. 
  
 “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended by the Trust Indenture Reform Act of 1990,
and as in force at the date as of which this instrument was executed, and as amended thereafter from tine to time. 
  
 “United Kingdom” means the United Kingdom of Great Britain and Northern Ireland. 
  
 “Vice President”, when used with respect to the Trustee, means any vice president, whether or not designated by a
number or a word or words added before or after the title “vice president”. 
  
 Section 102. Compliance Certificates and Opinions. 
  
 Upon any application or request by the Company or the Guarantor to the Trustee to take any action under any provision of
this Indenture, the Company or the Guarantor shall furnish to the Trustee such certificates and opinions as may be required under the Trust Indenture Act. Each such certificate or opinion shall be given in the form of an Officers’ Certificate
or an Opinion of Counsel and shall comply with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture. Such an Officers’ Certificate shall state that all conditions precedent, if any, provided for in
this Indenture relating to the proposed action have been complied with and such Opinion of Counsel shall state that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that in the case of any such
application or request 

  

 7 

 
as to which the furnishing of such documents is specifically required by any other provision of this Indenture relating to such particular application or
request, no additional certificate or opinion need be furnished. 
  
 Every certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than the certificate provided under Section 1008) hereof shall include 
  
 (1) a statement that each individual signing such
certificate or opinion has read such covenant or condition and the definitions herein relating thereto; 
  
 (2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in
such certificate or opinion are based; 
  
 (3) a
statement that, in the opinion of each such individual, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenants or condition has been complied with; and

  
 (4) a statement as to whether, in the opinion
of each such individual, such condition or covenant has been complied with. 
  
 Section 103. Form of Documents Delivered to Trustee. 
  
 In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one
such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Person may certify or
give an opinion as to such matters in one or several documents. 
  
 Any certificate or opinion of an officer of the Company or the Guarantor may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer knows, or in the exercise
of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which his certificate or opinion is based are erroneous. Any such certificate or Opinion of Counsel may be based, insofar as it
relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company or the Guarantor, as the case may be, stating that the information with respect to such factual matters is in the possession
of the Company or the Guarantor, as the case may be, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous. 
  
 Where any Person is required to make, give or execute two or more
applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument. 

  

 8 

 Section 104. Acts of Holders. 
  
 (a) Any request, demand, authorization, direction, notice, consent, waiver
or other action provided by this Indenture to be given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except
as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company and the Guarantor. Such instrument or instruments
(and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of the Holders signing such instrument or instrument. Proof of execution of any such instrument or of a writing appointing any such agent
shall be sufficient for any purpose of this Indenture and (subject to Section 601) conclusive in favor of the Trustee, the Company and the Guarantor if made in the manner provided in this Section. 
  
 (b) The fact and date of the execution by any Person of any such instrument
or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing
acknowledged to him the execution thereof. Where such execution is by a signer acting in a capacity other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. The fact and date of the
execution of any such instrument or writing, or the authority of the Person executing the same, may also be proved in any other manner which the Trustee deems sufficient. 
  
 (c) The ownership of Securities shall be proved by the Security Register. 
  
 (d) Any request, demand, authorization, direction, notice, consent, waiver or
other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done,
omitted or suffered to be done by the Trustee, the Company or the Guarantor in reliance thereon, whether or not notation of such action is made upon such Security. 
  
 (e) Without limiting the foregoing, a Holder entitled hereunder to take any action hereunder with regard to any particular
Security may do so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which may do so pursuant to such appointment with regard to all or any part of such principal amount.

  
 Section 105. Notices, Etc., to Trustee,
Company and Guarantor. 
  
 Any request, demand,
authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with, 
  
 (1) the Trustee by any Holder or by the Company or by the Guarantor shall be sufficient for every purpose
hereunder if made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust Office, Attention: Institutional Trust Services, or 
  

 9 

 (2) the Company or the Guarantor by the Trustee or by any Holder shall be sufficient for
every purpose hereunder (unless otherwise herein expressly provided) if made, given, furnished or filed in writing, in the case of the Company, to or with it at the address of its principal office specified in the first paragraph of this instrument,
Attention: Secretary, or at any other address previously furnished in writing to the Trustee by the Company, with a copy to the Guarantor, and in the case of the Guarantor, to or with it at the address of its office specified in the first paragraph
of this instrument, Attention: Manager, Capital Markets, or at any other address previously furnished in writing to the Trustee by the Guarantor, with a copy to the Company. 
  
 Section 106. Notice to Holders; Waiver. 
  
 Where this Indenture provides for notice to Holders of any event, such
notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first-class postage prepaid, to each Holder affected by such event, at his address as it appears in the Security Register, not later than the
latest date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice. In any case where notice to Holders is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed,
to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. 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 by reason of the suspension of regular
mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.

  
 Section 107. Conflict with Trust Indenture
Act. 
  
 If any provision hereof limits, qualifies or
conflicts with a provision of the Trust Indenture Act that is required under such Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust
Indenture Act that may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be. 
  

 10 

 Section 108. Effect of Headings and Table of Contents. 
  
 The Article and Section headings herein, the Reconciliation and tie between
the Trust Indenture Act and this Indenture and the Table of Contents are for convenience only and shall not affect the construction hereof. 
  
 Section 109. Successors and Assigns. 
  
 All covenants and agreements in this Indenture by the Company or the Guarantor shall bind its successors and assigns, whether so expressed or not.

  
 Section 110. Separability Clause.

  
 In case any provision in this Indenture or in the Securities
or in the Guarantees 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 111. Benefits of Indenture. 
  
 Nothing in this Indenture or in the Securities or in the Guarantees, express
or implied, shall give to any Person, other than the parties hereto and their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture. 
  
 Section 112. Governing Law. 
  
 This Indenture, the Securities and the Guarantees shall be governed by and
construed in accordance with the laws of the State of New York, except that the authorization and execution of this Indenture, the Securities and the Guarantees shall be governed by the laws of the respective jurisdictions of organization of the
Company and the Guarantor. 
  
 Section 113.
Legal Holidays. 
  
 In any case where any Interest Payment
Date, Redemption Date or Stated Maturity of any Security shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities (other than a provision of the Securities of any series
which specifically states that such provision shall apply in lieu of this Section)) payment of interest or principal (and premium, if any) need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at
such Place of Payment with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity, provided that no interest shall accrue on the amount so payable for the period from and after such Interest
Payment Date, Redemption Date or Stated Maturity, as the case may be. 
  

 11 

 ARTICLE TWO 
  
 SECURITY FORMS 
  
 Section 201. Forms Generally. 
  
 The Securities of each series shall be in substantially the form set forth in this Article, or in such other form as shall
be established by or pursuant to a Board Resolution of the Company 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 such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or as may, consistently herewith, be determined by
the officers executing such Securities, as evidenced by their execution of the Securities. If the form of Securities of any series is established by action taken pursuant to a Board Resolution of the Company, a copy of an appropriate record of such
action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities.

  
 The Guarantees to be endorsed on the Securities of each series
shall be in substantially the form set forth in Section 205, or in such other form as shall be established by or pursuant to a Board Resolution of the Guarantor or in one or more indentures supplemental hereto, in each case with such appropriate
insertions, omissions, substitutions and other corrections as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to
comply with the rules of any securities exchange or as may, consistently herewith, be determined by the person duly authorized thereto executing such Guarantees, all as evidenced by such execution. If the form of Guarantees to be endorsed on the
Securities of any series is established by action taken pursuant to a Board Resolution of the Guarantor, a copy of an appropriate record of such action shall be certified by the Secretary, a Deputy Secretary, an Assistant Secretary or a Deputy
Assistant Secretary of the Guarantor and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities. 
  
 The Trustee’s certificates of authentication shall be in substantially
the form set forth in this Article. 
  
 The definitive Securities
and Guarantees shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such Securities, as evidenced by their execution of such Securities. 

 

 12 

 Section 202. Form of Face of Security. 
  
 [Insert any legend required by the Internal Revenue Code and the
regulations thereunder.] 
  
 BP
CAPITAL MARKETS AMERICA INC. 
  
 [    %] Guaranteed [Zero Coupon] [Note] [Debenture] Due              
  

	 No.
                         
	 $                         

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

  

 13 

 
the rate of     % per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue
from the date of such demand for payment to the date payment of such interest has been made or duly provided for, and such interest shall also be payable on demand.] 
  
 Payment of the principal of (and premium, if any) and [if applicable, insert — any such] interest on this
Security will be made at the office or agency of the Company maintained for that purpose in             , [in such coin or currency of the United States of America as at the time of
payment is legal tender for payment of public and private debts] [specify other currency] [if applicable, insert —; provided, however, that at the option of the Company payment of interest may be made by check mailed to the
address of the Person entitled thereto as such address shall appear in the Security Register]. 
  
 Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. 
  
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 
  
 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed.

  
 Dated: 
  
 BP CAPITAL MARKETS AMERICA INC. 
  
 By
                                 
  
 Section 203. Form of Reverse of Security. 

 
 This Security is one of a duly authorized issue of securities of the
Company (herein called the “Securities”), issued and to be issued in one or more series under an Indenture, dated as of June 4, 2003 (herein called the “Indenture”), among the Company, as Issuer, BP p.l.c., as Guarantor (herein
called the “Guarantor”), and JPMorgan Chase Bank, as Trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is
hereby made for a statement of the respective rights, limitation of rights, duties and immunities thereunder of the Company, the Guarantor, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be,
authenticated and delivered. This Security is one of the series designated on the face hereof [, limited in aggregate principal amount to [$]            ]. 
  

 14 

 [If applicable, insert — The Securities of this series are subject to redemption upon not
less than 30 days’ notice by mail, [if applicable, insert — (1)              on in any year commencing with the year
             and ending with the year              through operation of the sinking fund for this series at a
Redemption Price equal to 100% of the principal amount, and (2)] at any time [on or after                 , 20    ], as a whole or in
part, at the election of the Company, at the following Redemption Prices (expressed as percentages of the principal amount): If redeemed [on or before             ,
        %, and if redeemed] during the 12-month period beginning              of the years indicated, 
  

	 Year

	 	 Redemption Price

	 	 Year

	  	Redemption Price

	 	 	 	 	 	  	 
	 	 	 	 	 	  	 
	 	 	 	 	 	  	 

  
 and thereafter at a Redemption Price
equal to     % of the principal amount, together in the case of any such redemption [if applicable, insert — (whether through operation of the sinking fund or otherwise)] with accrued interest to the Redemption
Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates
referred to on the face hereof, all as provided in the Indenture.] 
  
 [If applicable insert — The Securities of this series are subject to redemption upon not less than 30 days’ notice by mail, (1) on              in any year
commencing with the year          and ending with the year through operation of the sinking fund for this series at the Redemption Prices for redemption through operation of the sinking fund (expressed
as percentages of the principal amount) set forth in the table below, and (2) at any time [on or after             ], as a whole or in part, at the election of the Company, at the
Redemption Prices for redemption otherwise than through operation of the sinking fund (expressed as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period beginning
             of the years indicated, 
  

	 Year

	 	 Redemption Price
For Redemption
Through Operation
of the Sinking Fund

	 	 Redemption Price For
Redemption Otherwise
Than Through Operation
of the Sinking
Fund

	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

  

 15 

 and thereafter at a Redemption Price equal to     % of the principal amount, together in the
case of any such redemption (whether through operation of the sinking fund or otherwise) with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the
Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.] 
  
 [Notwithstanding the foregoing, the Company may not, prior to
            , redeem any Securities of this series as contemplated by [Clause (2) of] the preceding paragraph as a part of, or in anticipation of, any refunding operation by the
application, directly or indirectly, of moneys borrowed having an interest cost to the Company (calculated in accordance with generally accepted financial practice) of less than     % per annum.] 
  
 [The sinking fund for this series provides for the redemption on
             in each year beginning with the year              and ending with the year
             of [not less than] [$]             [(“mandatory sinking fund”) and not more than
[$]            ] aggregate principal amount of Securities of this series. [Securities of this series acquired or redeemed by the Company otherwise than through [mandatory] sinking
fund payments may be credited against subsequent [mandatory] sinking fund payments otherwise required to be made — in the inverse order in which they become due.] 
  
 In the event of redemption of this Security in part only, a new Security or Securities of this series for the unredeemed
portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof. 
  
 [If the Security is not subject to redemption, — This Security is not redeemable prior to Stated Maturity [except pursuant to Section 1108 of the Indenture. The date specified for the Securities of this
series, for the purposes of said Section 1108, is             ].] 
  
 [If the Security is not an Original Issue Discount Security, — If an Event of Default with respect to Securities of this series shall occur
and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.] 
  

[If the Security is an Original Issue Discount Security, — If an Event of Default with respect to Securities of this series shall occur and
be continuing, an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. Such amount shall be equal to — insert formula for determining the
amount. Upon payment (i) of the amount of principal so declared due and payable and (ii) of interest on any overdue principal and overdue interest (in each case to the extent that the payment of such interest shall be legally enforceable), all
of the Company’s obligations in respect of the payment of the principal of and interest, if any, on the Securities of this series shall terminate.] 
  

 16 

 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 Guarantor and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company, the Guarantor and the Trustee with the consent
of the Holders of a majority in principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of
each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company or the Guarantor, or both, with certain provisions of the Indenture and certain past defaults under the Indenture and
their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 
  
 As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with
respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of
this series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and
offered the Trustee reasonable indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this series at the time Outstanding a direction inconsistent with such request, and shall have
failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal
hereof or any premium or interest hereon on or after the respective due dates expressed or provided for herein. 
  
 No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of (and premium, if any) and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 
  
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is
registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest on this Security are payable, duly
endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities
of this series, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 
  
 The Securities of this series are issuable only in registered form without coupons in denominations of
[$]             and any integral multiple thereof. As provided in the 

  

 17 

 
Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of
Securities of this series of a different authorized denomination, as requested by the Holder surrendering the same. 
  
 No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith. 
  
 Prior to due presentment of this Security for registration of transfer, the Company, the Guarantor, the Trustee and any agent of the Company, the Guarantor or the Trustee may treat the Person in whose name this Security is registered as the
owner hereof for all purposes (subject to Section 307 of the Indenture), whether or not this Security be overdue, and neither the Company, the Guarantor, the Trustee nor any such agent shall be affected by notice to the contrary. 
  
 The Indenture provides that the Company and the Guarantor, at the
Guarantor’s option, (a) will be discharged from any and all obligations in respect of the Securities (except for certain obligations to register the transfer or exchange of Securities, replace stolen, lost or mutilated Securities, maintain
paying agencies and hold moneys for payment in trust) or (b) need not comply with certain restrictive covenants of the Indenture, in each case if the Company or the Guarantor deposits, in trust, with the Trustee money or Government Obligations which
through the payment of interest thereon and principal thereof in accordance with their terms will provide money, in an amount sufficient to pay all the principal (including any mandatory sinking fund payments) of, and (premium, if any) and interest
on, the Securities on the dates such payments are due in accordance with the terms of such Securities and Guarantees, and certain other conditions are satisfied. 
  
 [If applicable insert Except in the limited circumstances described in Section 305 of the Indenture, the Securities
of this series shall be issued in the form of one or more Global Securities and shall be the Depositary for such global Security or Securities.] All terms used in this Security which are defined in the Indenture shall have the meanings assigned to
them in the Indenture. 
  
 Section 204. Form
of Trustee’s Certificate of Authentication. 
  
 This is
one of the Securities of the series designated herein referred to in the within-mentioned Indenture. 
  

	JPMorgan Chase Bank,
	as Trustee
		
	 By
	 	  

	 Authorized Officer

  
  

 18 

 Section 205. Form of Guarantee 
  
 Guarantees to be endorsed on the Securities shall, subject to Section 201,
be in substantially the form set forth below; words enclosed in brackets shall be inserted if applicable: 
  
 GUARANTEE OF BP p.l.c. 
  
 For value received, BP p.l.c., a corporation duly organized and existing under the laws of England (herein called the “Guarantor”, which term
includes any successor corporation under the Indenture referred to in the Security upon which this Guarantee is endorsed), hereby unconditionally guarantees to the Holder of the Security upon which this Guarantee is endorsed and to the Trustee
referred to in such Indenture due and prompt payment of the principal of (and premium, if any) and interest on such Security [and the due and prompt payment of the sinking fund payments provided for therein,] when and as the same shall become due
and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption or otherwise, according to the terms thereof and of the Indenture referred to therein. In case of the failure of BP Capital Markets America Inc., a
corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”, which term includes any successor corporation under such Indenture) punctually to make any such principal, premium, [or] interest
[or sinking fund] payment, the Guarantor hereby agrees to cause any such payment to be made promptly when and as the same shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption or otherwise,
and as if such payment were made by the Company. 
  
 The Guarantor
hereby further agrees, subject to the limitations and exceptions set forth below, that if any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any political subdivision or
taxing authority thereof or therein) in which the Guarantor is incorporated, shall at any time be required by such jurisdiction (or any such political subdivision or taxing authority) in respect of any amounts to be paid by the Guarantor under this
Guarantee, the Guarantor will pay to the Holder of a Security of such series such additional amounts as may be necessary in order that the net amounts paid to such Holder of such Security who, with respect to any such tax, assessment or other
governmental charge, is not resident in such jurisdiction, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is entitled; provided, however, that the Guarantor shall not be
required to make any payment of additional amounts (1) for or on account of any such tax, assessment or governmental charge imposed by the United States or any political subdivision or taxing authority thereof or therein or (2) for or on account of:

  
 (a) any tax, assessment or other governmental charge which
would not have been imposed but for (i) the existence of any present or former connection between such Holder (or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such Holder, if such Holder is an
estate, trust, partnership or 

  

 19 

 
corporation) and the taxing jurisdiction or any political subdivision or territory or possession thereof or area subject to its jurisdiction, including,
without limitation, such Holder (or such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or being or having been present or engaged in trade or business therein or having or
having had a permanent establishment therein or (ii) the presentation of a Security of such series (where presentation is required) for payment on a date more than 30 days after the date on which such payment became due and payable or the date on
which payment thereof is duly provided for, whichever occurs later; 
  
 (b) any estate, inheritance, gift, sale, transfer, personal property or similar tax, assessment or other governmental charge; 
  
 (c) any tax, assessment or other governmental charge which is payable otherwise than by withholding from payments of (or in respect of) principal of, or
any interest on, the Securities of such series; 
  
 (d) any tax,
assessment or other governmental charge that is imposed or withheld by reason of the failure by the Holder or the beneficial owner of the Security of such series (i) to provide information concerning the nationality, residence or identity of the
Holder or such beneficial owner or (ii) to make any declaration or other similar claim or satisfy any information or reporting requirements, which, in the case of (i) or (ii), is required or imposed by a statute, treaty, regulation or administrative
practice of the taxing jurisdiction as a precondition to exemption from all or part of such tax, assessment or other governmental charge; 
  
 (e) any tax, assessment or other governmental charge which such Holder would have been able to avoid by presenting such Security to another Paying Agent;

  
 (f) any tax, assessment or other governmental charge which is
imposed on a payment pursuant to any European Union Directive on the taxation of savings implementing the conclusions of the ECOFIN Council meeting of November 26 and 27, 2000, or any law implementing such directive; 
  
 or (g) any combination of items (a), (b), (c), (d), (e) and (f) above; nor
shall additional amounts be paid with respect to any payment of the principal of, or any interest on, any Security of such series to any Holder who is a fiduciary or partnership or other than the sole beneficial owner of such payment to the extent
such payment would be required by the laws of the jurisdiction (or any political subdivision or taxing authority thereof or therein) to be included in the income for tax purposes of a beneficiary or settlor with respect to such fiduciary or a member
of such partnership or a beneficial owner who would not have been entitled to such additional amounts had it been the Holder of such Security. 
  
 The foregoing provisions shall apply mutatis mutandis to any withholding or deduction for or on account of any present or future taxes, assessments or
governmental 

  

 20 

 
charges of whatever nature of any jurisdiction in which any successor Person to the Guarantor is organized, or any political subdivision or taxing authority
thereof or therein. 
  
 The Guarantor hereby agrees that its
obligations hereunder shall be as if it were principal debtor and not merely surety, and shall be absolute and unconditional, irrespective of, and shall be unaffected by, any invalidity, irregularity or unenforceability of such Security or such
Indenture, any failure to enforce the provisions of such Security or such Indenture, or any waiver, modification or indulgence granted to the Company with respect thereto, by the Holder of such Security or such Trustee, or any other circumstance
which may otherwise constitute a legal or equitable discharge of a surety or guarantor; provided, however, that, notwithstanding the foregoing, no such waiver, modification or indulgence shall, without the consent of the Guarantor,
increase the principal amount of such Security or the interest rate thereon or impose or increase any premium payable upon redemption thereof. The Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in
the event of merger or bankruptcy of the Company, any right to require a proceeding first against the Company, protest or notice with respect to such Security or the indebtedness evidenced thereby [or with respect to any sinking fund payment
required under such Security] and all demands whatsoever, and covenants that this Guarantee will not be discharged except by payment in full of the principal of (and premium, if any) and interest on such Security. This is a guarantee of payment and
not of collection. 
  
 The Guarantor shall be subrogated to all
rights of the Holder of such Security against the Company in respect of any amounts paid to such Holder by the Guarantor pursuant to the provisions of this Guarantee; provided, however, that the Guarantor shall not be entitled to
enforce, or to receive any payments arising out of or based upon, such right of subrogation until the principal of (and premium, if any) and interest on all Securities of the same series issued under such Indenture shall have been paid in full.

  
 No reference herein to such Indenture and no provision of this
Guarantee or of such Indenture shall alter or impair the guarantee of the Guarantor, which is absolute and unconditional, of the due and punctual payment of the principal of (and premium, if any) and interest on the Security upon which this
Guarantee is endorsed at the times, place and rate, and in the coin or currency prescribed therein. 
  
 This Guarantee shall not be valid or obligatory for any purpose until the certificate of authentication of such Security shall have been manually executed
by or on behalf of the Trustee under such Indenture. 
  
 All terms
used in this Guarantee which are defined in such Indenture shall have the meanings assigned to them in such Indenture. 
  
 IN WITNESS WHEREOF, the Guarantor has caused this Guarantee to be signed manually or in facsimile by a person
duly authorized in that behalf. 
  
 BP
P.L.C. 
  

 21 

	

	 AUTHORIZED SIGNATORY

  

	 	 	 Attest:

	
	  

	  
 Dated
the date on the face hereof.

  
 Section 206. Form of Legend for Global Securities. 
  
 Any Global Security authenticated and delivered hereunder shall bear a legend in substantially the following form or such other form as may be determined pursuant to Section 201: 
  
 “This Security is a Global Security within the meaning of the Indenture hereinafter referred to and is registered in
the name of a Depositary or a nominee of a Depositary. This Global Security is exchangeable for Securities registered in the name of a Person other than the Depositary or its nominee only in the limited circumstances described in the Indenture, and
no transfer of this Security (other than a transfer of this Security as a whole by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary) may be registered except in
such limited circumstances.” 
  
 ARTICLE THREE

  
 THE SECURITIES

  
 Section 301. 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 by or pursuant to a Board Resolution of the Company or the Guarantor, as appropriate, and set forth in (or determined in the manner set
forth in) an Officers’ Certificate of the Company or the Guarantor, as appropriate, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series, 
  
 (1) the title of the Securities of the series (which shall
distinguish the Securities of the series from Securities of any other series); 
  
 (2) any limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered under this
Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 304, 305, 306, 906 or 1107); 

  

 22 

 (3) the Person to whom any interest on a Security of the series shall be payable, if
other than the Person in whose name such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest; 
  
 (4) the date or dates on which the principal of the Securities of the series is payable; 
  
 (5) the rate or rates at which the Securities of the series
shall bear interest, if any, the date or dates from which such interest shall accrue, the Interest Payment Dates on which such interest shall be payable and the Regular Record Date for the interest payable on any Interest Payment Date; 

 
 (6) the place or places where the principal of (and
premium, if any) and interest on Securities of the series shall be payable; 
  
 (7) if applicable, the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the series may be redeemed, in whole or in part, at the option of the Company,
including the date referred to in Section 1108; 
  
 (8) the obligation, if any, of the Company to redeem or purchase Securities of the series pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof and the period or periods within which, the price or prices
at which and the terms and conditions upon which Securities of the series shall be redeemed or purchased, in whole or in part, pursuant to such obligation; 
  
 (9) if other than denominations of $1,000 and any integral multiple thereof, the denominations in which Securities of the series shall be
issuable; 
  
 (10) 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 pursuant to Section 502; 
  
 (11) if other than such coin or currency of the United States of America as at the time of payment is legal
tender for payment of public or private debts, the coin or currency (including any composite currency) in which payment of the principal of (and premium, if any) and interest on the Securities of the series shall be denominated or payable and the
manner of determining the equivalent thereof in the currency of the United States of America for the purposes of the definition of “Outstanding” in Section 101; 
  
 (12) if the principal of (and premium, if any) or interest on the Securities of the series are to be
payable, at the election of the Company or a Holder thereof, in a coin or currency (including any composite currency) other than that in which the Securities are stated to be payable, the period or periods within which, and the terms and condition
upon which, such election may be made; 
  
  

 23 

 (13) if the principal amount payable at the Stated Maturity of any Securities of the
series will not be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such date for any purpose thereunder or hereunder, including the
principal amount thereof which shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity (or, in any such case, the manner in which such amount
deemed to be the principal amount shall be determined); 
  
 (14) if the amounts of payments of principal of (and premium, if any) or interest on the Securities of the series may be determined with reference to an index, the manner in which such amounts shall be determined;

  
 (15) the Guarantee of the Securities of such
series pursuant to Article Thirteen hereof; 
  
 (16) whether the Securities of the series shall be issued in whole or in part in the form of one or more Global Securities and, if so, the Depositary for such Global Security or Securities; 
  
 (17) any addition to or change in the Events of Default
which applies to any Securities of the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 502; 
  
 (18) with respect to such series of Securities, the
“Stated Intervals” and the “Record Date” for purposes of Section 312(a) (in the case of non-interest bearing Securities) and 316(c), respectively, of the Trust Indenture Act; 
  
 (19) if additional amounts pursuant to Section 1010 will not
be payable by the Company or the Guarantor; and 
  
 (20) any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture). 
  
 All Securities of any one series shall be substantially identical except as to denomination and number and except as may otherwise be provided in or
pursuant to such Board Resolutions and set forth (or determined in the manner provided in) in such Officers’ Certificates or in any such indenture supplemental hereto. 
  
 If any of the terms of the series are established by action taken pursuant to a Board Resolution of the Company or the
Guarantor, a copy of an appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company 

  

 24 

 
or by the Secretary, a Deputy Secretary, an Assistant Secretary or a Deputy Assistant Secretary of the Guarantor, as the case may be, and delivered to the
trustee at or prior to the delivery of the Officers’ Certificate setting forth the terms of the series. 
  
 With respect to Securities of a series offered in a Periodic Offering, the Board Resolution (or action taken pursuant thereto), Officers’ Certificate
or supplemental indenture referred to above may provide general terms or parameters for Securities of such series and provide either that the specific terms of particular Securities of such series shall be specified in a Company Order or that such
terms shall be determined by the Company in accordance with other procedures specified in a Company Order as contemplated by the third paragraph of Section 303. 
  

Notwithstanding Section 301(2) herein and 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 302. Denominations. 
  
 The Securities of each series shall be issuable in registered form without
coupons in such denominations as shall be specified as contemplated by Section 301. In the absence of any such provisions with respect to the Securities of any series, the Securities of such series shall be issuable in denominations of $1,000 and
any integral multiple thereof. 
  
 Section 303.
Execution, Authentication, Delivery and Dating. 
  
 The
Securities shall be executed on behalf of the Company by one of its Directors or senior officers. The signature of any of such director or officer on the Securities may be manual or facsimile. 
  
 Securities bearing the manual or facsimile signatures of individuals who were
at any time the proper officers of the Company or the Guarantor, as the case may be, shall bind the Company or the Guarantor, as the case may be, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the
authentication and delivery of such Securities or did not hold such offices at the date of such Securities. 
  
 At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the
Company having endorsed thereon Guarantees executed by the Guarantor to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the Trustee in accordance with the Company Order shall
authenticate and deliver such Securities; provided, however, that in the case of Securities offered in a Periodic Offering, the Trustee shall authenticate and deliver such Securities from time to time in accordance with such other
procedures (including, without limitation, the receipt by the Trustee of oral or electronic instructions from the Company or its duly authorized agents, promptly confirmed in writing) acceptable to the Trustee as may be specified by 

  

 25 

 or pursuant to a Company Order delivered to the Trustee prior to the time of the first authentication of Securities of
such series. If the form or terms of the Securities of the series or the form of the Guarantees endorsed thereon have been established by or pursuant to one or more Board Resolutions as permitted by Sections 201 and 301, in authenticating such
Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive, and (subject to 601) shall be fully protected in relying upon, an Opinion of Counsel stating,

  
 (a) if the form of such Securities or
Guarantees has been established by or pursuant to Board Resolution as permitted by Section 201, that such form has been established in conformity with the provisions of this Indenture; 
  
 (b) if the terms of such Securities have been, or in the case of Securities of a series offered in a
Periodic Offering, will be, established by or pursuant to Board Resolution as permitted by Section 301, that such terms have been, or in the case of Securities of a series offered in a Periodic Offering, will be, established in conformity with the
provisions of this Indenture, subject, in the case of Securities of a series offered in a Periodic Offering, to any conditions specified in such Opinion of Counsel; 
  
 (c) that such Securities, when authenticated and delivered by the Trustee and issued by the Company in the
manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer,
reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles, and 
  
 (d) that such Guarantees, when the Securities upon which they shall have been endorsed shall have been authenticated and delivered by the
Trustee and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Guarantor enforceable in accordance with their terms, subject to
bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. 
  
 If such form or terms have been so established, 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 or this Indenture or otherwise in a manner which is not reasonably
acceptable to the Trustee. 
  
 Notwithstanding the provisions of
Section 301 and of the preceding paragraph, if all Securities of a series are not to be originally issued at one time, it shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 301 or the Company
Order and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior to the time of 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. 
  

 26 

 With respect to Securities of a series offered in a Periodic Offering, the Trustee may rely, as to the
authorization by the Company and the Guarantor of any of such Securities and the related Guarantees, the form 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 201 and 301 and this Section, as applicable, in connection with the first authentication of Securities of such series. 
  

Each Security shall be dated the date of its authentication. 
  

No Security or Guarantee endorsed thereon shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there
appears on such Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature of an authorized officer, and such certificate upon any Security shall be conclusive evidence, and the
only evidence, that such Security has been duly authenticated and delivered hereunder and that such Security or Guarantee is entitled to the benefits of this Indenture. 
  
 Section 304. Temporary Securities. 
  
 Pending the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the Trustee
shall authenticate and deliver, temporary Securities substantially of the tenor of the definitive Securities in lieu of which they are issued, and having endorsed thereon Guarantees duly executed by the Guarantor substantially of the tenor of the
definitive Guarantees, which Securities and Guarantees may be printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination and with such appropriate insertions, omissions, substitutions and other variations
as the officers executing such Securities and the person duly authorized thereto executing such Guarantees may determine, all as evidenced by such execution. 
  
 If temporary Securities of any series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay.
After the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of such series at the office or agency
of the Company in a Place of Payment for that series, 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 one or more definitive Securities of the same series of authorized denominations and of a like aggregate principal amount and tenor, having endorsed thereon Guarantees duly executed by the Guarantor. Until so exchanged the
temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of such series. 
  

 27 

 Section 305. Registration, Registration of Transfer and Exchange. 
  
 The Company shall cause to be kept at the Corporate Trust Office of the
Trustee a register (the register maintained in such office being herein sometimes referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration
of Securities and of transfers of Securities. The Trustee is hereby appointed “Security Registrar” for the purpose of registering Securities and transfers of Securities as herein provided. 
  
 Upon surrender for registration of transfer of any Security of any series at
the office or agency in a Place of Payment for that series, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any
authorized denominations and of a like aggregate principal amount and tenor, each such Security having endorsed thereon a Guarantee duly executed by the Guarantor. 
  
 At the option of the Holder, Securities of any series may be exchanged for other Securities of the same series, of any
authorized denominations and of a like aggregate principal amount and tenor, each such Security having endorsed thereon a Guarantee duly executed by the Guarantor, upon surrender of the Securities to be exchanged at such office or agency. 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. 
  
 All Securities issued upon any registration of transfer or exchange of
Securities shall be the valid obligations of the Company and the Guarantor, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

 
 Every Security presented or surrendered for registration of transfer or
for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof or his
attorney duly authorized in writing. 
  
 No service charge shall
be made for any registration of transfer or exchange of Securities, but 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 registration of transfer or exchange
of Securities, other than exchanges pursuant to Section 304, 906 or 1107 not involving any transfer. 
  
 The Company shall not be required (i) to issue, register the transfer of or exchange Securities of any series during a period beginning at the opening of
business 15 days before the day of the mailing of a notice of redemption of Securities of that series selected for redemption under Section 1103 and ending at the close of business on the day of such mailing, or (ii) to register the transfer of or
exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part. 
  

 28 

 Each Global Security authenticated under this Indenture shall be registered in the name of the Depositary
designated for such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture. 
  
 Notwithstanding the foregoing, except as otherwise specified as contemplated
by Section 301, any Global Security shall be exchangeable pursuant to this Section 305 for Securities registered in the names of Persons other than the Depositary for such series or its nominee if, but only if, (i) such Depositary notifies the
Company that it is unwilling or unable to continue as Depositary for such series or at any time ceases to be a clearing agency registered as such under the Exchange Act, as amended, and the Company and/or the Guarantor notify the Trustee that they
are unable to locate a qualified successor Depositary, (ii) the Company and/or the Guarantor executes and delivers to the Trustee a Company Order that such Global Security shall be so exchangeable or (iii) there shall have occurred and be continuing
an Event of Default with respect to the Securities of such series and beneficial owners of the Securities evidencing not less than 50% of the aggregate unpaid principal amount of the Securities of such series advise the Trustee and the Depositary
through participants in writing that the continuation of a book-entry system is no longer in the best interests of the beneficial owners of the Securities of such series. Any Global Security that is exchangeable pursuant to the preceding sentence
shall be exchangeable for Securities registered in such names as such Depositary shall direct. 
  
 Notwithstanding any other provision of this Indenture, a Global Security may not be transferred except as a whole by the Depositary for such Global Security to a nominee of such Depositary or by a nominee of such
Depositary to such Depositary or another nominee of such Depositary. 
  
 Section 306. Mutilated, Destroyed, Lost and Stolen Securities. 
  
 If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a
new Security of the same series and of like tenor and principal amount, having endorsed thereon a Guarantee duly executed by the Guarantor, and bearing a number not contemporaneously outstanding. 
  
 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 and (ii) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the
Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new Security of the same
series and of like tenor and principal amount, having endorsed thereon a Guarantee duly executed by the Guarantor, and bearing a number not contemporaneously Outstanding. 
  

 29 

 In case any such mutilated, destroyed, lost or stolen Security 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 upon compliance with the foregoing conditions. 
  
 Upon the issuance of any new Security under this Section, the Company may require the payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 
  
 Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional
contractual obligation of the Company and the Guarantor, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with
any and all other Securities of that series duly issued hereunder. 
  
 The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 
  
 Section 307. Payment of Interest; Interest Rights
Preserved. 
  
 Except as otherwise provided as contemplated
by Section 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more
Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. 
  
 Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called
“Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as
provided in Clause (1) or (2) below: 
  
 (1) The
Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of
such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security or such series and the date of the proposed payment, and
at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to
the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of
such 
  

 30 

 
Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after
the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such
Defaulted Interest and the Special Record Date therefor to be mailed, first class postage prepaid, to each Holder of Securities of such series at his address as it appears in the Security Register, not less than 10 days prior to such Special Record
Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Securities of such series (or their respective
Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following Clause (2). 
  
 (2) The Company may make payment of any Defaulted Interest on the Securities of any series in any other
lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed
payment pursuant to this Clause, such manner of payment shall be deemed practicable by the Trustee. 
  
 Subject to the foregoing provisions of this Section, each Security delivered under this Indenture upon registration of transfer of or in exchange for or
in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security. 
  
 Section 308. Persons Deemed Owners. 
  
 Prior to due presentment of a Security for registration of transfer, the Company, the Guarantor, the Trustee and any agent of the Company, the Guarantor
or the Trustee may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of principal of (and premium, if any) and (subject to Section 307) interest on such Security and for all
other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the Guarantor, the Trustee nor any agent of the Company, the Guarantor or the Trustee shall be affected by notice to the contrary. 
  
 No holder of any beneficial interest in any Global Security held on its
behalf by a Depositary shall have any rights under this Indenture with respect to such Global Security, and such Depositary may be treated by the Company, the Guarantor, the Trustee, and any agent of the Company, the Guarantor or the Trustee as the
owner of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall impair, as between a Depositary and such holders of beneficial interests, the operation of customary practices governing the exercise of
the rights of the Depositary as Holder of any Security. 
  

 31 

 None of the Company, the Guarantor, the Trustee or any agent of the Company, the Guarantor or the Trustee
shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in a Global Security or for maintaining, supervising or reviewing any records relating to such
beneficial ownership interests. 
  
 Section 309.
Cancellation. 
  
 All Securities surrendered for payment,
redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company or the
Guarantor may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company or the Guarantor may have acquired in any manner whatsoever, and may deliver to the Trustee (or to
any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities
shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of by the Trustee in
accordance with its customary procedures or as directed by a Company Order. 
  
 Section 310. Computation of Interest. 
  
 Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  
 ARTICLE FOUR 
  
 SATISFACTION AND DISCHARGE

  
 Section 401. Satisfaction and
Discharge of Indenture. 
  
 This Indenture shall upon Company
Request cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of Securities herein expressly provided for), and the Trustee, at the expense of the Company, shall execute proper instruments
acknowledging satisfaction and discharge of this Indenture, when 
  
 (1) either 
  
 (A) all Securities theretofore authenticated and delivered (other than (i) Securities which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 306 and (ii) Securities for whose payment money has
theretofore been deposited in trust or segregated and held in trust by the Company or the Guarantor and thereafter repaid to the Company or the Guarantor or discharged from such trust, as provided in Section 1006) have been delivered to the Trustee
for cancellation; or 
  

 32 

 (B) all such Securities not theretofore delivered to the Trustee for cancellation

  
 (i) have become due and payable, or

  
 (ii) will become due and payable at their
Stated Maturity within one year, or 
  
 (iii)
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 name, and at the expense, of the Company, 
  
 and the Company or the Guarantor, in the case of (i), (ii) or (iii) above,
has deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for
principal (and premium, if any) and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be; 
  
 (2) the Company or the Guarantor has paid or caused to be
paid all other sums payable hereunder by the Company; and 
  
 (3) the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this
Indenture have been complied with. 
  
 Notwithstanding the
satisfaction and discharge of this Indenture, the obligations of the Company and the Guarantor to the Trustee under Section 607, the obligations of the Company and the Guarantor to any Authenticating Agent under Section 614 and, if money shall have
been deposited with the Trustee pursuant to subclause (B) of clause (1) of this Section, the obligations of the Trustee under Section 402 and the last paragraph of Section 1006 shall survive. 
  
 Section 402. Application of Trust Money. 

 
 Subject to the provisions of the last paragraph of Section 1006, all
money and the proceeds of any Government Obligations deposited with the Trustee pursuant to Section 401 or 403 shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either
directly or through any Paying Agent (including the Company or the Guarantor acting as Paying Agent) as the Trustee may determine, of the principal (and premium, if any) and interest to the Holders of the series of Securities for the payment in
respect of which such money has been deposited with the Trustee. 
  

 33 

 The Company or the Guarantor shall pay and indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against the Government Obligations deposited pursuant to Section 403 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of
Outstanding Securities. The obligations of the Company and the Guarantor pursuant to this paragraph shall be joint and several. 
  
 Anything in this Article to the contrary notwithstanding, the Trustee shall deliver or pay to the Company or the Guarantor from time to time upon Company
Request any money or Government Obligations held by it as provided in Section 403 with respect to any Securities which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof
delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect the Discharge or Covenant Defeasance, as the case may be, with respect to such Securities. 
  
 Section 403. Defeasance Upon Deposit of Moneys or
Government Obligations. 
  
 At the Guarantor’s option,
either (a) the Company and the Guarantor shall each be deemed to have been Discharged (as defined below) from its respective obligations with respect to any series of Securities on the 91st day after the applicable conditions set forth below have
been satisfied or (b) the Company and the Guarantor shall cease to be under any obligation to comply with any term, provision or condition set forth in Sections 801 or 802 or any covenant set forth in any indenture supplemental to this Indenture or
otherwise established pursuant to Section 301, and noncompliance with such Sections or covenants shall not give rise to any Event of Default under Section 501(4) or under Section 501(7) (“Covenant Defeasance”), with respect to any series
of Securities at any time after the applicable conditions set forth below have been satisfied: 
  
 (1) the Company or the Guarantor shall have deposited or caused to be deposited irrevocably with the Trustee or its agent as trust funds
in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of the Securities of such series (i) money in an amount, or (ii) Government Obligations of the government in the currency of which the Securities of
such series are denominated which through the payment of interest and principal in respect thereof in accordance with their terms will provide, not later than the due date of any payment, money in an amount, or (iii) a combination of (i) and (ii),
sufficient, in the opinion (with respect to (ii) and (iii)) of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of principal
(including mandatory sinking fund payments) of and interest on, the outstanding Securities of such series on the dates such installments of interest or principal are due or to and including the Redemption Date irrevocably designated by the Guarantor
pursuant to subparagraph (5) hereof; 
  

 34 

 (2) if the Securities of such series are then listed on the New York Stock Exchange, the
Company or the Guarantor shall have delivered to the Trustee an Opinion of Counsel to the effect that the exercise of the option under this Section 403 would not cause such Securities to be delisted; 
  
 (3) no Event of Default or event which with notice or lapse
of time would become an Event of Default under Section 501(1), (2), (3), (5) or (6) with respect to the Securities of such series shall have occurred and be continuing on the date of such deposit; 
  
 (4) the Company or the Guarantor shall have delivered to the
Trustee an Opinion of Counsel to the effect that holders of the Securities of such series will not recognize income, gain or loss for Federal income tax purposes as a result of the exercise of the option under this Section 403 and will be subject to
Federal income tax on the same amount and in the same manner and at the same times as would have been the case if such option had not been exercised, and, in the case of Securities being Discharged, such opinion shall be accompanied by a private
letter ruling to that effect received from the United States Internal Revenue Service or a revenue ruling pertaining to a comparable form of transaction to that effect published by the United States Internal Revenue Service; 
  
 (5) if the Company or the Guarantor has deposited or caused
to be deposited money or Government Obligations to pay or discharge the principal of (and premium, if any) and interest on the Outstanding Securities of a series to and including a Redemption Date pursuant to subparagraph (1) hereof, such Redemption
Date shall be irrevocably designated by a Board Resolution delivered to the Trustee on or prior to the date of deposit of such money or Government Obligations and such Board Resolution shall be accompanied by an irrevocable Company Request that the
Trustee give notice of such redemption in the name and at the expense of the Company not less than 30 nor more than 60 days prior to such Redemption Date in accordance with Section 1104; and 
  
 (6) the Company or the Guarantor shall have delivered to the
Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent with respect to such Discharge or Covenant Defeasance have been complied with. 
  
 “Discharged” means that the Company and Guarantor shall be deemed to have paid and discharged the entire indebtedness represented
by, and obligations under, the Securities of such series and the Guarantees endorsed thereon and to have satisfied all the obligations under this Indenture relating to the Securities of such series and the Guarantees endorsed thereon (and the
Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), except (A) the rights of holders of Securities of such series to receive, from the trust fund described in clause (1) above payment of the principal of
and the interest on such Securities when such payments are due; (B) the Company’s or the Guarantor’s obligations, as the case may be, with respect to such Securities under Sections 305, 306, 1002, 1005 and 1006; and (C) the rights, powers,
trusts, duties and immunities of the Trustee hereunder. 
  

 35 

 Notwithstanding any Covenant Defeasance with respect to Sections 801 and 802, any corporation or Person
that would otherwise have been required to assume the obligations of the Company or the Guarantor pursuant to said Sections shall be required, as a condition to any merger, consolidation, amalgamation, transfer, conveyance or lease contemplated
thereby, to assume the obligations of the Company or the Guarantor, as the case may be, to the Trustee under Sections 402 and 607. 
  
 ARTICLE FIVE 
  
 REMEDIES 
  
 Section 501. Events of Default. 
  
 “Event of Default”, wherever used herein with respect to Securities of a particular series, means any one of the following events (whatever the
reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental
body): 
  
 (1) default in the payment of any
interest upon any Security of that series when it becomes due and payable, and continuance of such default for a period of 30 days; or 
  
 (2) default in the payment of the principal of (or premium, if any, on) any Security of that series at its Maturity; or 
  
 (3) default in the deposit of any sinking fund payment, when
and as due by the terms of a Security of that series; or 
  
 (4) default in the performance, or breach, of any covenant or warranty of the Company or the Guarantor in this Indenture (other than a covenant or warranty a default in whose performance or whose breach is elsewhere
in this Section specifically dealt with or which has expressly been included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such default or breach for a period of 90 days after there has
been given, by registered or certified mail, to the Company and the Guarantor by the Trustee or to the Company, the Guarantor and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of that series a written
notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or 
  
 (5) the entry by a court having jurisdiction in the premises of (A) a decree or order for relief in respect of the Company or the
Guarantor in an involuntary case or proceeding under any applicable bankruptcy, insolvency, reorganization or other similar law of the United States or the United Kingdom or 
  

 36 

 (B) a decree or order adjudging the Company or the Guarantor a bankrupt or insolvent, or approving as
properly filed a petition filed against the Company or the Guarantor seeking reorganization, arrangement, adjustment or composition of or in respect of the Company or the Guarantor under any applicable law of the United States or the United Kingdom,
or appointing without the consent of the Company or the Guarantor a custodian, receiver, liquidator, assignee, trustee, sequestrate or other similar official of the Company or the Guarantor or of the whole or substantially all of its property, or
ordering the winding up or liquidation of its affairs, and the continuance of any such decree or order for relief or any such other decree or order unstayed and in effect for a period of 90 consecutive days; 
  
 (6) the commencement by the Company or the Guarantor of a
voluntary case or proceeding under, in the case of the Company, any applicable bankruptcy, insolvency, reorganization or other similar law of the United States or, in the case of the Guarantor, any applicable bankruptcy, insolvency, reorganization
or other similar law of the United Kingdom or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Company or the Guarantor in an involuntary
case or proceeding under, in the case of the Company, any applicable bankruptcy, insolvency, reorganization or other similar law of the United States or, in the case of the Guarantor, any applicable bankruptcy, insolvency, reorganization or other
similar law of the United Kingdom or to the commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under, in the case of the Company, any
applicable bankruptcy, insolvency, reorganization or other similar law of the United States or, in the case of the Guarantor, any applicable bankruptcy, insolvency, reorganization or other similar law of the United Kingdom, or the consent by it to
the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrater or similar official of the Company or the Guarantor or of the whole or substantially all of its property,
or the making by it of an assignment for the benefit of creditors, or the admission by it in writing of its inability to pay its debts generally as they become due, or the taking of corporate action by the Company or the Guarantor in furtherance of
any such action; or 
  
 (7) any other Event of
Default provided with respect to Securities of that series. 
  
 Upon receipt by the Trustee of any Notice of Default pursuant to this Section 501, (i) with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established, which record date
shall be at the close of business on the day the Trustee receives such Notice of Default, and (ii) with respect to any other series of Securities, the Trustee may, but shall not be obligated to, establish a record date, in each case for the purpose
of determining Holders of Outstanding Securities of such series entitled to join in such Notice of Default. If such record date is fixed, the Holders on such record date, or their duly designated proxies, and only such 
  

 37 

 Persons, shall be entitled to join in such Notice of Default, whether or not such Holders remain Holders after such
record date; provided, however, that unless Holders of at least the requisite principal amount (which amount shall be 25% in the case of subclause (4) of this Section) of the Outstanding Securities of such series, or their proxies,
shall have joined in such Notice of Default prior to the day which is 90 days after such record date, such Notice of Default and the Act of Holders, or their proxies, joining in such Notice of Default shall automatically and without further action
by any Holders be cancelled and of no effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, from giving, (i) after expiration of such 90-day period, a new Notice of Default to the same effect as that cancelled pursuant to
the proviso to the preceding sentence, or (ii) during any such 90-day period in respect of any Notice of Default with respect to a prospective Event of Default with respect to Securities of such series, an additional Notice of Default with respect
to any other prospective Event of Default (other than a prospective Event of Default as to which such a 90-day period has not expired) with respect to Securities of such series, in either of which events a new record date shall or may, as the case
may be, be established pursuant to the provisions of this Section 501 in respect of such new or additional Notice of Default. 
  
 Section 502. Acceleration of Maturity; Rescission and Annulment. 
  
 If an Event of Default with respect to Securities of any series at the time Outstanding occurs and is continuing, then in
every such case the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount (or, if the Securities of that series are Original Issue Discount Securities, such
portion of the principal amount as may be specified in the terms of that series) of all of the Securities of that series to be due and payable immediately, by a notice in writing to the Company and the Guarantor (and to the Trustee if given by
Holders), and upon any such declaration such principal amount (or specified amount) shall become immediately due and payable. 
  
 At any time after such a declaration of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of
the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the Outstanding Securities of that series, by written notice to the Company, the Guarantor and the Trustee, may
rescind and annul such declaration and its consequences if 
  
 (1) the Company or the Guarantor has paid or deposited with the Trustee a sum sufficient to pay 
  
 (A) all overdue interest on all Securities of that series, 
  
 (B) the principal of (and premium, if any, on) any Securities of that series which have become due otherwise
than by such declaration of acceleration and interest thereon at the rate or rates prescribed therefor in such Securities, 
  

 38 

 (C) to the extent that payment of such interest is lawful, interest upon overdue interest
at the rate or rates prescribed therefor in such Securities, and 
  
 (D) all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel; 
  
 and 
  
 (2) all Events of Default with respect to Securities of that series, other than the non-payment of the
principal of Securities of that series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 513. 
  

No such rescission shall affect any subsequent default or impair any right consequent thereon. 
  
 Upon receipt by the Trustee of any written notice declaring such an acceleration, or rescission and annulment thereof, (i)
with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established, which record date shall be at the close of business on the day the Trustee receives such notice, and (ii) with
respect to any other series of Securities, the Trustee may, but shall not be. obligated to, establish a record date, in each case for the purpose of determining Holders of Outstanding Securities of such series entitled to join in such notice. If
such record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to join in such notice, whether or not such Holders remain Holders after such record date; provided,
however, that unless such declaration of acceleration, or rescission and annulment, as the case may be, shall have become effective by virtue of the requisite percentage having joined in such notice prior to the day which is 90 days after
such record date, such notice of declaration of acceleration, or rescission and annulment, as the case may be, and the Act of Holders, or their proxies, joining in such notice shall automatically and without further action by any Holders be
cancelled and of no effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, of Securities of any series from giving, (i) after expiration of such 90-day period, a new written notice of declaration of acceleration, or
rescission and annulment thereof, as the case may be, to the same effect as that cancelled pursuant to the proviso to the preceding sentence, or (ii) during any such 90-day period in respect of any written notice of declaration of acceleration or
rescission and annulment thereof, as the case may be, with respect to any Event of Default with respect to Securities of such series, an additional written notice of declaration of acceleration, or rescission and annulment thereof, as the case may
be, with respect to any other Event of Default (other than an Event of Default as to which such a 90-day period has not expired) with respect to Securities of such series, in either of which events a new record date shall or may, as the case may be,
be established pursuant to the provisions of this Section 502 in respect of such new or additional written notice. 
  

 39 

 Section 503. Collection of Indebtedness and Suits for Enforcement by Trustee.

  
 The Company covenants that if 
  
 (1) default is made in the payment of any interest on any
Security when such interest becomes due and payable and such default continues for a period of 30 days, or 
  
 (2) default is made in the payment of the principal of (or premium, if any, on) any Security at the Maturity thereof, 
  
 the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of
such Securities, the whole amount then due and payable on such Securities for principal (and premium, if any) and interest, and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal (and
premium, if any) and on any overdue interest, at the rate or rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents and counsel. 
  
 If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and
unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the Company, the Guarantor or any other obligor upon such Securities and collect the moneys adjudged or decreed to be payable in the manner provided
by law out of the property of the Company, the Guarantor or any other obligor upon such Securities, wherever situated. 
  
 If an Event of Default with respect to Securities of any series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce
its rights and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or
agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 
  
 Section 504. Trustee May File Proofs of Claim. 
  
 In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment,
composition or other similar judicial proceeding relative to the Company, the Guarantor of any other obligor upon the Securities or the property of the Company, the Guarantor or of such other obligor or their creditors, the Trustee (irrespective of
whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company or the Guarantor for the payment of overdue
principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture Act in order to have claims of the Holders and the Trustee allowed in any such
proceeding. In particular, the Trustee shall be authorized, 
  

 40 

 (i) to file and prove a claim for the whole amount of principal (and premium, if any) and
interest owing and unpaid in respect of the Securities in accordance with the terms thereof and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and 
  
 (ii) to collect and receive any moneys or other property payable or deliverable on any such claims and to
distribute the same; 
  
 and any custodian, receiver, assignee, trustee,
liquidator, sequestrate 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 it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607. 
  
 Nothing herein contained shall be deemed to authorize 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 505. Trustee May Enforce Claims Without Possession of Securities. 
  
 All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating
thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements
and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered. 
  
 Section 506. Application of Money Collected. 
  
 Any money collected by the Trustee pursuant to this Article shall be applied
in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any) or interest, upon presentation of the Securities and the notation thereon of the payment if
only partially paid and upon surrender thereof if fully paid: 
  
 FIRST: To the payment of all amounts due the Trustee under Section 607; and 
  

 41 

 SECOND: To the payment of the amounts then due and unpaid for principal of
(and premium, if any) and interest on the Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for
principal (and premium, if any) and interest, respectively. 
  
 Section 507. Limitation on Suits. 
  
 No Holder of any Security of any series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy
hereunder, unless 
  
 (1) such Holder has
previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that series; 
  
 (2) the Holders of not less than 25% in principal amount of the Outstanding Securities of that 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; 
  
 (3) such Holder or Holders have offered to the Trustee reasonable indemnity against the costs, expenses and liabilities to be incurred in
compliance with such request; 
  
 (4) the Trustee
for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 
  
 (5) no direction inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of a
majority in principal amount of the Outstanding Securities of that series; 
  
 it
being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or prejudice the rights of any other of such Holders,
or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided and for the equal and ratable benefit of all of such Holders. 
  
 Section 508. Unconditional Right of Holders to Receive
Principal, Premium and Interest. 
  
 Notwithstanding any
other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 307) interest on such Security on the
Stated Maturity or Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.

  

 42 

 Section 509. 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 and the Guarantor shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been
instituted. 
  
 Section 510. Rights and
Remedies Cumulative. 
  
 Except as otherwise provided with
respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section 306, 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 511. Delay or Omission Not Waiver. 
  
 No delay or omission of the Trustee or of any Holder of any Securities 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 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. 
  
 Section 512. Control by Holders. 
  
 The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of
conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided that 
  
 (1) Such direction shall not be in conflict with any rule of
law or with this Indenture, 
  
 (2) the Trustee
may take any other action deemed proper by the Trustee which is not inconsistent with such direction, and 
  
 (3) subject to the provisions of Section 601, the Trustee shall have the right to decline to follow any such direction if the Trustee in
good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability. 
  

 43 

 Upon receipt by the Trustee of any written notice directing the time, method or place of conducting any
such proceeding or exercising any such trust or power, (i) with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established, which record date shall be at the close of business on
the day the Trustee receives such notice, and (ii) with respect to any other series of Securities, the Trustee may, but shall not be obligated to, establish a record date, in each case for the purpose of determining Holders of Outstanding Securities
of such series entitled to join in such notice. If such record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to join in such notice, whether or not such Holders remain
Holders after such record date; provided, however, that unless the Holders of not less than a majority in principal amount of the Outstanding Securities of such series shall have joined in such notice prior to the date which is 90 days
after such record date, such notice and the Act of Holders, or their proxies, joining in such notice shall automatically and without further action by any Holders be cancelled and of no effect. Nothing in this paragraph shall prevent a Holder, or a
proxy of a Holder, from giving, (i) after expiration of such 90-day period, a new notice to the same effect as that cancelled pursuant to the proviso to the preceding sentence, or (ii) during any such 90-day period in respect of any notice, a new
notice giving directions contrary to or otherwise different from such notice in either of which events a new record date shall or may, as the case may be, be established pursuant to the provisions of this Section 512 in respect of such new notice.

  
 Section 513. Waiver of Past Defaults.

  
 The Holders of not less than a majority in principal amount
of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default 
  
 (1) in the payment of the principal and (or premium, if any)
or interest on any Security of such series, or 
  
 (2) in respect of covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. 
  
 With respect to any series of Securities, the Company may, but shall not be
obligated to, establish a record date for the purpose of determining the Persons entitled to waive any past default hereunder. If a record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall
be entitled to waive any default hereunder, whether or not such Holders remain Holders after such record date; provided, however, that unless such Holders of not less than a majority in principal amount of the Outstanding Securities of
such series shall have waived such default prior to the date which is 90 days after such record date, any such waiver previously given shall automatically and without further action by any Holder be cancelled and of no effect. 
  

 44 

 Upon any such waiver, such default shall cease to exist and any Event of Default arising therefrom shall
be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 
  
 Section 514. Undertaking for Costs. 
  
 All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have
agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing by any party
litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, in the manner and to the extent provided in the Trust Indenture Act; provided that neither this Section nor the
Trust Indenture Act shall be deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted by the Company, the Guarantor or the Trustee. 
  
 Section 515. Waiver of Stay or Extension Laws.

  
 The Company and the Guarantor each covenants (to the extent
that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may
affect the covenants or the performance of this Indenture; and the Company and the Guarantor each (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not hinder,
delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted. 
  
 ARTICLE SIX 
  
 THE TRUSTEE 
  
 Section 601. Certain Duties and Responsibilities. 
  
 The duties and responsibilities of the Trustee shall be as provided by the Trust Indenture Act. 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, if
it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. 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 Section. 
  

 45 

 Section 602. Notice of Defaults. 
  
 Within 90 days after the occurrence known to the Trustee of any default
hereunder with respect to the Securities of any series, the Trustee shall transmit by mail to all Holders of Securities of such series, as their names and addresses appear in the Security Register, notice of all such defaults hereunder, unless such
default shall have been cured or waived provided, however, that, except in the case of a default in the payment of the principal of (or premium, if any) or interest on any Security of such series or in the payment of any sinking fund
installment with respect to Securities of such series, the Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee or a trust committee of directors or Responsible Officers of the
Trustee in good faith determine that the withholding of such notice is in the interest of the Holders of Securities of such series; and provided, further, that, in the case of any default of the character specified in Section 501(4)
with respect to Securities of such series, no such notice to Holders shall be given until at least 30 days after the occurrence thereof. For the purpose of this Section, the term “default” means any event which is, or after notice or lapse
of time or both would become, an Event of Default with respect to Securities of such series. 
  
 Section 603. Certain Rights of Trustee. 
  

Subject to the provisions of Section 601: 
  
 (a) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, 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 party or
parties; 
  
 (b) any request or direction of the
Company or the Guarantor mentioned herein shall be sufficiently evidenced by a Company Request or Company Order and any resolution of the Board of Directors of the Company or the Guarantor shall be sufficiently evidenced by a Board Resolution;

  
 (c) whenever in the administration of this
Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith
on its part, rely upon an Officers’ Certificate; 
  
 (d) the Trustee may consult with counsel and the written 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; 
  
 (e) the
Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee
reasonable security or indemnity against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction; 
  

 46 

 (f) the Trustee shall not be bound to make any investigation into the facts or matters
stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, 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 relevant books, records and premises of the
Company and the Guarantor, personally or by agent or attorney; and 
  
 (g) the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or
negligence on the part of any agent or attorney appointed with due care by it hereunder. 
  
 Section 604. Not Responsible for Recitals or Issuance of Securities. 
  
 The recitals contained herein and in the Securities, except the
Trustee’s certificates of authentication, shall be taken as the statements of the Company or the Guarantor, and the Trustee or any Authenticating Agent assumes no responsibility for their correctness. The Trustee makes no representations as to
the validity or sufficiency of this Indenture or of the Securities. The Trustee or any Authenticating Agent shall not be accountable for the use or application by the Company of Securities or the proceeds thereof. 
  
 Section 605. May Hold Securities. 
  
 The Trustee, any Authenticating Agent, any Paying Agent, any Security
Registrar or any other agent of the Company or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 608 and 613, may otherwise deal with the Company and the Guarantor with the
same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent. 
  
 Section 606. Money Held in Trust. 
  
 Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no
liability for interest on any money received by it hereunder except as otherwise agreed with the Company or the Guarantor, as the case may be. 
  

 47 

 Section 607. Compensation and Reimbursement. 
  
 The Company and the Guarantor agree 
  
 (1) To pay to the Trustee from time to time reasonable
compensation for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 
  
 (2) except as otherwise expressly provided herein, to reimburse the Trustee upon its request for all
reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any such
expense, disbursement or advance as may be attributable to its negligence or bad faith; and 
  
 (3) to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith
on its part, arising out of or in connection with the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending itself against (but not of instituting) any claim or liability in connection with the
exercise or performance of any of its powers or duties hereunder. 
  
 As security for the performance of the obligations of the Company under this Section, the Trustee shall have a lien prior to the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for
the payment of principal of (and premium, if any) or interest on such Securities. 
  
 The obligations of the Company and the Guarantor under this Section shall be joint and several. 
  
 The provisions of this Section shall survive the satisfaction and discharge of this Indenture. 
  
 Section 608. Disqualification; Conflicting Interests.

  
 If the Trustee has or shall acquire a conflicting interest
within the meaning of the Trust Indenture Act, the Trustee shall, as soon as practicable and in any event within 90 days after ascertaining that it has such conflicting interest, and if the Event of Default (as defined in Section 501 hereof) to
which such conflicting interest relates has not been cured or duly waived or otherwise eliminated before the end of such 90-day period, either eliminate such conflicting interest or resign to the extent and in the manner provided by, and subject to
the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by such Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more
than one series or by virtue of being a trustee under this Indenture and under any indenture listed in Annex A hereto. 
  

 48 

 Section 609. Corporate Trustee Required; Eligibility. 
  
 There shall at all times be one and only one Trustee hereunder with respect
to the Securities of each series, which may be a Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust Indenture Act to act as such, and has a combined capital and surplus
of at least $50,000,000, subject to supervision or examination by Federal or state authority. If such Person publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then
for the purposes of this Section and to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so
published. If at any time the Trustee with respect to the Securities of any series shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in
this Article. 
  
 Section 610. Resignation and
Removal; Appointment of Successor. 
  
 (a) No resignation or
removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 611. 

 
 (b) The Trustee may resign at any time with respect to the Securities of
one or more series by giving written notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 611 shall not have been delivered to the Trustee within 30 days after the giving of such notice of
resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
  
 (c) In accordance with the requirements of Section 315(e) of the Trust Indenture Act, the Trustee may be removed at any time
with respect to the Securities of any series by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company and the Guarantor. 
  
 (d) If at any time: 
  
 (1) the Trustee shall fail to comply with Section 608 after
written request therefor by the Company or the Guarantor or by any Holder who has been a bona fide Holder of a Security for at least six months, or 
  
 (2) the Trustee shall cease to be eligible under Section 609 and shall fail to resign after written request therefor by the Company or the
Guarantor or by any such Holder, or 
  
 (3) the
Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs
for the purpose of rehabilitation, conservation or liquidation, 
  

 49 

 then, in any such case, (i) the Company by a Board Resolution may remove the Trustee with respect to all Securities, or
(ii) subject to Section 514, any Holder who has been a bona fide Holder of a Security for at least six months may, subject to the requirements of the Trust Indenture Act on behalf of himself and all others similarly situated, petition any court of
competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees. 
  
 (e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with
respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee
may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and shall comply with the applicable requirements of
Section 611. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act of the Holders of a majority in principal
amount of the Outstanding Securities of such series delivered to the Company and the Guarantor and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable
requirements of Section 611, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series
shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by Section 611, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of himself and
all others similarly situated, petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
  
 (f) The Company shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any
series and each appointment of a successor Trustee with respect to the Securities of any series by mailing written notice of such event by first-class mail, postage prepaid, to all Holders of Securities of such series as their names and addresses
appear in the Security Register. Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office. 
  
 Section 611. Acceptance of Appointment by Successor. 
  
 (a) In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee
so appointed shall execute, acknowledge and deliver to the Company, the Guarantor 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 
  

 50 

 
or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company, the Guarantor
or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer
and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder. 
  
 (b) In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the
Guarantor, 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 cotrustees 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 and the Guarantor 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. 
  
 (c) Upon request of any such successor
Trustee, the Company and the Guarantor shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as
the case may be. 
  
 (d) No successor Trustee shall accept its
appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under the requirements of the Trust Indenture Act. 
  

 51 

 Section 612. Merger, Consolidation or Succession to Business. 
  
 Any corporation into which the Trustee may be merged or with which it may be
consolidated, or any corporation resulting from any merger or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the
Trustee hereunder, provided such corporation shall be otherwise qualified under the requirements of the Trust Indenture Act and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the
parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the
Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities. 
  
 Section 613. Preferential Collection of Claims Against Company. 
  
 If and when the Trustee shall be or become a creditor of the Company, the Guarantor or any other obligor upon the
Securities, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company, the Guarantor or other such obligor. 
  
 Section 614. Appointment of Authenticating Agent. 
  
 At any time when any of the Securities remain Outstanding the Trustee may
appoint an Authenticating Agent or Agents with respect to one or more series of Securities which shall be authorized to act on behalf of the Trustee to authenticate Securities of such series issued upon exchange, registration of transfer or partial
redemption thereof or pursuant to Section 306, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is
made in this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an
Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company and shall at all times be a corporation organized and doing business
under the laws of the United States of America, any state thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject to supervision
or examination by Federal or state authority. If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section,
the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible
in accordance with the provisions of this Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section. 
  

 52 

 Any corporation into which an Authenticating Agent may be merged or converted or with which it may be
consolidated, or any corporation resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency or corporate trust business of an Authenticating
Agent, shall continue to be an Authenticating Agent, provided such corporation shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent.

  
 An Authenticating Agent may resign at any time by giving
written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of
resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable
to the Company and shall mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of Securities of the series with respect to which such Authenticating Agent will serve, as their names and addresses appear in the
Security Register. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating
Agent. No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section. 
  
 The Company and the Guarantor agree to pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section.

  
 If an appointment with respect to one or more series is made
pursuant to this Section, the Securities of such series may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternate certificate of authentication in the following form: 
  
 This is one of the Securities of the series designated herein referred to in
the within-mentioned Indenture. 
  

	 JPMorgan Chase Bank,
     As Trustee

		
	 By
	 	  

	 	 	 As Authenticating Agent

		
	 By
	 	  

	 	 	 Authorized Signatory

  

 53 

 ARTICLE SEVEN 
  
 HOLDERS’ LISTS AND REPORTS BY
TRUSTEE, COMPANY AND GUARANTOR 
  

	Section	701. Company and Guarantor to Furnish Trustee Names and Addresses of Holders. 

  
 The Company and the Guarantor will furnish or cause to be furnished to the Trustee 
  
 (a) semi-annually, not more than 15 days after each Regular
Record Date for any series of Securities at the time Outstanding (or after each of the dates to be specified for such purpose for non-interest bearing Securities as contemplated by Section 301), a list, in such form as the Trustee may reasonably
require of the names and addresses of the Holders of Securities of such series as of such Regular Record Date, and 
  
 (b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company or the Guarantor of any
such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; 
  
 excluding from any such list names and addresses received by the Trustee in its capacity as Security Registrar. 
  
 Section 702. Preservation of Information; Communications
to Holders. 
  
 (a) The Trustee shall preserve, in as current
a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as provided in Section 701 and the names and addresses of Holders received by the Trustee in its capacity as Security
Registrar. The Trustee may destroy any list furnished to it as provided in Section 701 upon receipt of a new list so furnished. 
  
 (b) The rights of Holders to communicate with other Holders with respect to their rights under this Indenture or under the Securities, and the
corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act. 
  
 (c) Every Holder of Securities, by receiving and holding the same, agrees with the Company, the Guarantor and the Trustee that neither the Company nor the
Guarantor nor the Trustee nor any agent of any of them shall be held accountable by reason of any disclosure of information as to the names and addresses of the Holders made pursuant to the Trust Indenture Act. 
  
 Section 703. Reports by Trustee. 
  
 (a) The Trustee shall, within 60 days after each January 15 following the
date of this Indenture, transmit annually by mail to all Holders, as their names and addresses 

  

 54 

 
appear in the Security Register, a brief report with respect to any of the following events which may have occurred within the previous 12 months (but if no
such event has occurred within such period, no such report need be transmitted): 
  
 (1) any change to its eligibility under Section 609 and its qualifications under Section 608; 
  
 (2) the creation of or any material change to a relationship
specified in Section 3l0(b)(l) through Section 3l0(b)(l0) of the Trust Indenture Act; 
  
 (3) the character and amount of any advances (and if the Trustee elects so to state, the circumstances surrounding the making thereof)
made by the Trustee (as such) which remain unpaid on the date of such report, and for the reimbursement of which it claims or may claim a lien or charge, prior to that of the Securities, on any property or funds held or collected by it as Trustee,
except that the Trustee shall not be required (but may elect) to report such advances to the Holders of Securities of any series if such advances so remaining unpaid aggregate not more than 1⁄2 of 1% of the principal amount of the Securities of
such series Outstanding on the date of such report; 
  
 (4) any change to the amount, interest rate and maturity date of all other indebtedness owing by the Company or the Guarantor (or by any other obligor on the Securities) to the Trustee in its individual capacity, on the date of such report,
with a brief description of any property held as collateral security therefor, except an indebtedness based upon a creditor relationship arising in any manner described in Section 311(b) (2), (3), (4) or (6) of the Trust Indenture Act; 

 
 (5) any change to the property and funds, if any,
physically in the possession of the Trustee as such on the date of such report; 
  
 (6) any additional issue of Securities which the Trustee has not previously reported; and 
  
 (7) any action taken by the Trustee in the performance of
its duties hereunder which it has not previously reported and which in its opinion materially affects the Securities, except action in respect of a default, notice of which has been or is to be withheld by the Trustee in accordance with Section 602.

  
 (b) The Trustee shall transmit by mail to all Holders, as
their names and addresses appear in the Security Register, a brief report with respect to the character and amount of any advances (and if the Trustee elects so to state, the circumstances surrounding the making thereof) made by the Trustee (as
such) since the date of the last report transmitted pursuant to Subsection (a) of this Section (or if no such report has yet been so transmitted, since the date of execution of this instrument) for the reimbursement of which it claims or may claim a
lien or charge, prior to that of the Securities, on property or funds held or collected by it as Trustee and which it has not previously reported pursuant to this Subsection, except that the Trustee shall not be required (but may elect) to report
such advances to the Holders of Securities of any series if such 

  

 55 

 
advances remaining unpaid at any time aggregate 10% or less of the principal amount of the Securities of such series Outstanding at such time, such report to
be transmitted within 90 days after such time. 
  
 (c) 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 and the Guarantor. The Company will notify the
Trustee when any Securities are listed on any stock exchange. 
  
 Section 704. Reports by Company and Guarantor. 
  
 The Company and the Guarantor shall: 
  
 (1) file with the Trustee, within 15 days after the Company or the Guarantor, as the case may be, is required to file the same with the Commission, copies of the annual reports and of the information, documents and
other reports (or copies of such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) which the Company or the Guarantor may be required to file with the Commission pursuant to Section 13 or
Section 15(d) of the Exchange Act; or, if the Company or the Guarantor is not required to file information, documents or reports pursuant to either of said Sections, then it shall file with the Trustee and the Commission, in accordance with rules
and regulations prescribed from time to time by the Commission, such of the supplementary and periodic information, documents and reports which may be required pursuant to Section 13 of the Exchange Act in respect of a security listed and registered
on a national securities exchange as may be prescribed from time to time in such rules and regulations; 
  
 (2) file with the Trustee and the Commission, such information, documents and other reports, and such summaries thereof, as may be
required pursuant to the Trust Indenture Act at the times and in the manner provided in such Act; and 
  
 (3) transmit by mail to all Holders, as their names and addresses appear in the Security Register, within 30 days after the filing thereof
with the Trustee, such summaries of any information, documents and reports required to be filed by the Company or the Guarantor, as the case may be, pursuant to paragraphs (1) and (2) of this Section as may be required by rules and regulations
prescribed from time to time by the Commission. 
  
 ARTICLE
EIGHT 
  
 CONSOLIDATION,
AMALGAMATION, MERGER, CONVEYANCE, TRANSFER OR LEASE 
  
 Section 801. Company or Guarantor May Consolidate, Etc., Only on Certain Terms. 
  
 Neither the Company nor the Guarantor shall consolidate with or amalgamate
with or merge into any other corporation or convey, transfer or lease its properties and 

  

 56 

 
assets substantially as an entirety to any Person, and neither the Company nor the Guarantor shall permit any Person to consolidate or amalgamate with or
merge into it nor shall the Company permit any Person to convey, transfer or lease its properties and assets substantially as an entirety to the Company, unless: 
  
 (1) in case the Company or the Guarantor, as the case may be, shall consolidate or amalgamate with or merge
into another corporation or convey, transfer or lease its properties and assets substantially as an entirety to any Person, the corporation formed by such consolidation or amalgamation or into which the Company or the Guarantor, as the case may be,
is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets of the Company or the Guarantor, as the case may be, substantially as an entirety shall be, in the case of the Company, a corporation
organized and existing under the laws of England or some other political subdivision of the United Kingdom, the United States or a political subdivision thereof, and, in the case of the Guarantor, a corporation organized and existing under the laws
of England or some other political subdivision of the United Kingdom or the United States or a political subdivision thereof, and shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form
satisfactory to the Trustee, in the case of the Company, the due and punctual payment of the principal of (and premium, if any) and interest on all the Securities and the performance of every covenant of this Indenture on the part of the Company to
be performed or observed, and, in the case of the Guarantor, the due and punctual performance of the Guarantees and the performance of every covenant of this Indenture on the part of the Guarantor to be performed or observed; 
  
 (2) immediately after giving effect to such transaction and
treating any indebtedness which becomes an obligation of the Company or the Guarantor, as the case may be, or any of its Subsidiaries as a result of such transaction as having been incurred by the Company or the Guarantor, as the case may be, or
such Subsidiary at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have happened and be continuing; and 
  
 (3) the Company or the Guarantor, as the case may be, has
delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, amalgamation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such
transaction, such supplemental indenture comply with this Article and that all conditions precedent herein provided for relating to such transaction have been complied with. 
  
 Section 802. Successor Corporation Substituted. 
  
 Upon any consolidation or amalgamation by the Company or the Guarantor, as
the case may be, with or merger by the Company or the Guarantor, as the case may be, into any other corporation or any conveyance, transfer or lease of the properties and assets of the Company or the Guarantor, as the case may be, substantially as
an entirety in 

  

 57 

 
accordance with Section 801, the successor corporation formed by such consolidation or amalgamation or into which the Company or the Guarantor, as the case
may be, is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or the Guarantor, as the case may be, under this Indenture with the same effect
as if such successor corporation had been named as the Company or the Guarantor, as the case may be, herein, and thereafter, except in the case of a lease, the predecessor corporation shall be relieved of all obligations and covenants under this
Indenture and the Securities or the Guarantees, as the case may be. 
  
 ARTICLE NINE 
  
 SUPPLEMENTAL
INDENTURES 
  
 Section 901.
Supplemental Indentures Without Consent of Holders. 
  
 Without the consent of any Holders, the Company, when authorized by a Board Resolution, the Guarantor, when authorized by or pursuant to a Board Resolution and the Trustee, at any time and from time to time, may enter into one or more
indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes: 
  
 (1) to evidence the succession of another corporation to the Company or the Guarantor and the assumption by any such successor of the
covenants of the Company or the Guarantor herein and in the Securities or the Guarantees; or 
  
 (2) to add to the covenants of the Company or of the Guarantor for the benefit of the Holders of all or any series of Securities (and if
such covenants are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any right or power herein conferred upon the Company or
the Guarantor; or 
  
 (3) to add any additional
Events of Default for the benefit of the Holders of all or any series of Securities (and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default are
expressly being included solely for the benefit of such series); or 
  
 (4) to add any additional present, future or contingent payment obligation of the Guarantor under any Guarantee for the benefit of the Holders of all or any series of Securities (and if such additional payment
obligations are to be for the benefit of less than all series of Securities, stating that such additional payment obligations are expressly being included solely for the benefit of such series); or 
  
 (5) to add to or change any of the provisions of this
Indenture to such extent as shall be necessary to permit or facilitate the issuance of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of
Securities in uncertificated form; or 
  

 58 

 (6) to add to, change or eliminate any of the provisions of this Indenture in respect of
one or more series of Securities, provided, however, that any such addition, change or elimination shall become effective only when there is no Security Outstanding of any series created prior to the execution of such supplemental
indenture which is entitled to the benefit of such provision; or 
  
 (7) to establish the form or terms of Securities of any series or the form of Guarantees as permitted by Sections 201 and 301; or 
  
 (8) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect
to the Securities of one or more series 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 611(b); or 
  
 (9) to
cure any ambiguity, to correct or supplement any provision herein which may be defective or inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under this Indenture,
provided, however, that such action shall not adversely affect the interests of the Holders of Securities of any series in any material respect. 
  

Section 902. Supplemental Indentures with Consent of Holders. 
  
 With the consent of the Holders of not less than a majority in principal amount of the Outstanding Securities of each series
affected by such supplemental indenture, by Act of said Holders delivered to the Company, the Guarantor and the Trustee, the Company, when authorized by a Board Resolution, the Guarantor, when authorized by or pursuant to a Board Resolution, and the
Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the
Holders of Securities of such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby, 
  
 (1) change the Stated Maturity of the principal of, or any
installment of principal of or interest on, any Security, or reduce the principal amount thereof or the rate of interest thereon or any premium payable upon the redemption thereof, or reduce the amount of the principal of an Original Issue Discount
Security or any other Security that would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502, or change any Place of Payment where, or the coin or currency in which, any Security or any premium or
the interest thereon is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof (or, in the case of redemption, on or after the Redemption Date), or 
  

 59 

 (2) reduce the percentage in principal amount of the Outstanding Securities of any
series, the consent of whose Holders is required for any such supplemental indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions of this Indenture or certain defaults hereunder and their
consequences) provided for in this Indenture, or 
  
 (3) modify any of the provisions of this Section, Section 513 or Section 1009, except to increase any such 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 affected thereby, provided, however, that this clause shall not be deemed to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant
changes in this Section and Section 1009, or the deletion of this proviso, in accordance with the requirements of Sections 611(b) and 901(8), or 
  
 (4) change in any manner adverse to the interests of the Holders of Securities the terms and conditions of the obligations of the
Guarantor in respect of the due and prompt payment of the principal thereof (and premium, if any) and interest thereon or any sinking fund payments provided in respect thereof. 
  
 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 the Holders of Securities of such series with respect to such covenant or other provision, shall be deemed not to affect the rights
under this Indenture of the Holders of Securities of any other series. 
  
 With respect to any series of Securities, the Company may, but shall not be obligated to, establish a record date for the purpose of determining the Persons entitled to consent to any indenture supplemental hereto. If a record date is
fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to consent to such supplemental indenture, whether or not such Holders remain Holders after such record date; provided,
however, that unless such consent shall have become effective by virtue of the requisite percentage having been obtained prior to the date which is 90 days after such record date, any such consent previously given shall automatically and
without further action by any Holder be cancelled and of no effect. 
  
 It shall not be necessary for any Act of Holders under this Section to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof. 
  
 Section 903. Execution of Supplemental Indentures.

  
 In executing, or accepting the additional trusts created by,
any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 601) shall be fully protected in relying upon, an Opinion of
Counsel stating that the execution of 

  

 60 

 
such supplemental indenture is authorized or permitted by this Indenture. The Trustee may, but shall not be obligated to, enter into any such supplemental
indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 
  
 Section 904. Effect of Supplemental Indentures. 
  
 Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance
therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby. 
  
 Section 905. Conformity with Trust Indenture Act.

  
 Every supplemental indenture executed pursuant to this
Article shall conform to the requirements of the Trust Indenture Act. 
  
 Section 906. Reference in Securities to Supplemental Indentures. 
  
 Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and shall if required
by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company and the Guarantor shall so determine, new Securities of any series so modified as to conform, in the opinion
of the Trustee, the Company and the Guarantor, to any such supplemental Indenture may be prepared and executed by the Company, the Guarantees endorsed thereon may be executed by the Guarantor and such Securities may be authenticated and delivered by
the Trustee in exchange for Outstanding Securities of such series. 
  
 ARTICLE TEN 
  
 PARTICULAR
COVENANTS OF COMPANY AND GUARANTOR 
  
 Section 1001. Payment of Principal, Premium and Interest by Company. 
  
 The Company covenants and agrees for the benefit of each series of
Securities that it will duly and punctually pay the principal of (and premium, if any) and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture. 
  
 Section 1002. Maintenance of Office or Agency by
Company. 
  
 The Company will maintain in each Place of
Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange and where notices and
demands to or upon the Company in respect of the Securities of that series and this Indenture may be served. 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 

  

 61 

 
agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the
Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands. 
  
 The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more
series may be presented or surrendered for any or all such purposes or where such notices or demands may be served and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any
manner relieve the Company of its obligation to maintain an office or agency in each Place of Payment for Securities of any series 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 1003. Reserved. 
  
 Section 1004. Reserved. 
  
 Section 1005. Maintenance of Office or Agency by Guarantor. 
  
 The Guarantor will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or
surrendered for payment under the Guarantees endorsed thereon and where notices and demands to or upon the Guarantor in respect of the Guarantees endorsed on the Securities of that series and this Indenture may be served. The Guarantor 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 Guarantor shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the
address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Guarantor hereby appoints the Trustee as its agent to receive all such presentations, surrenders,
notices and demands. 
  
 The Guarantor may also from time to time
designate one or more other offices or agencies where the Securities of one or more series may be presented or surrendered for such purpose or where such notices or demands may be served and may from time to time rescind such designations;
provided, however, that no such designation or rescission shall in any manner relieve the Guarantor of its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Guarantor 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 1006. Money for Securities Payments to Be Held in Trust. 
  
 If the Company or the Guarantor shall at any time act as Paying Agent with respect to any series of Securities, it will, on
or before each due date of the principal of (and premium, if any) or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if
any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to act. 
  

 62 

 Whenever the Company shall have one or more Paying Agents for any series of Securities, it will, prior to
each due date of the principal of (and premium, if any) or interest on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held as
provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. 
  
 The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the
Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will: 
  
 (i) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent and 
  
 (ii) during the continuance of any such default by the
Company (or any other obligor on the Securities of that series) in the making of any payment in respect of the Securities of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying
Agent for payment in respect of the Securities of such series. 
  
 The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the
Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be
released from all further liability with respect to such money. 
  
 Any money deposited with the Trustee or any Paying Agent, or then held by the Company or the Guarantor, in trust for the payment of the principal of (and premium, if any) or interest on any Security of any series and remaining unclaimed for
two years after such principal (and premium, if any) or interest has become due and payable shall be paid to the Company or the Guarantor, as the case may be, on Company Request, or (if then held by the Company or the Guarantor) shall be discharged
from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Company and the Guarantor for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust
money, and all liability of the Company or the Guarantor as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company
cause to be published once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation in the Borough of Manhattan, The City of New York, New York, notice that such money remains unclaimed
and that, after a date specified therein, which shall not be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company or the Guarantor, as the case may be. 
  

 63 

 Section 1007. Corporate Existence. 
  
 Subject to Article Eight, the Company and the Guarantor will preserve and
keep in full force and effect their respective corporate existences. 
  
 Section 1008. Statement by Executive Officers as to Compliance. 
  
 The Company and the Guarantor will each deliver to the Trustee, within 120 days after the end of each fiscal year of the Guarantor ending after the date
hereof, an Executive Officer’s Certificate (which need not comply with the requirements of Section 102), stating whether or not to the best knowledge of the signers thereof the Company or the Guarantor, as the case may be, has complied with all
conditions and covenants on their part contained in this Indenture, and if such signers have obtained knowledge of any default by the Company or the Guarantor in the performance, observance or fulfillment of any such condition or covenant,
specifying all such defaults and the nature and status thereof of which they may have knowledge. For the purpose of this Section 1008, such compliance with the terms, conditions and covenants of the Indenture shall be determined without regard to
any period of grace or requirement of notice provided hereunder. 
  
 Section 1009. Waiver of Certain Covenants. 
  
 The Company and the Guarantor may omit in any particular instance to comply with any term, provision or condition set forth in any covenant set forth in any indenture supplemental to this Indenture or otherwise
established pursuant to Section 301 with respect to the Securities of any series or the Guarantees endorsed thereon if before the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such
series shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such waiver shall extend to or affect such term, provision or condition except to the
extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the Guarantor and the duties of the Trustee in respect of any such term, provision or condition shall remain in full force and effect.

  
 With respect to any series of Securities, the Company may, but
shall not be obligated to, establish a record date for the purpose of determining the Persons entitled to waive any such term, provision or condition. If a record date is fixed, the Holders on such record date, or their duly designated proxies, and
only such Persons, shall be entitled to waive any such term, provision or condition hereunder, whether or not such Holders remain Holders after such record date; provided, however, that unless the Holders of at least a majority in principal
amount of the Outstanding Securities of such series shall have waived such term, provision or condition prior to the date which is 90 days after such record date, any such waiver previously given shall automatically and without further action by any
Holder be cancelled and of no effect. 
  

 64 

 Section 1010. Additional Amounts. 
  
 Unless otherwise specified in any Board Resolution of the Guarantor
establishing the terms of the Guarantees relating to a series of Securities in accordance with Section 301, if any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any
political subdivision or taxing authority thereof or therein) in which the Guarantor is incorporated, shall at any time be required by such jurisdiction (or any such political subdivision or taxing authority) in respect of any amounts to be paid by
the Guarantor under the Guarantees, the Guarantor will pay to the Holder of a Security of such series such additional amounts as may be necessary in order that the net amounts paid to such Holder of such Security who, with respect to any such tax,
assessment or other governmental charge, is not resident in such jurisdiction, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is entitled; provided, however, that the
Guarantor shall not be required to make any payment of additional amounts (1) for or on account of any such tax, assessment or governmental charge imposed by the United States or any political subdivision or taxing authority thereof or therein or
(2) for or on account of: 
  
 (a) any tax, assessment or other
governmental charge which would not have been imposed but for (i) the existence of any present or former connection between such Holder (or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such
Holder, if such Holder is an estate, trust, partnership or corporation) and the taxing jurisdiction or any political subdivision or territory or possession thereof or area subject to its jurisdiction, including, without limitation, such Holder (or
such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or being or having been present or engaged in trade or business therein or having or having had a permanent establishment
therein or (ii) the presentation of a Security of such series (where presentation is required) for payment on a date more than 30 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided
for, whichever occurs later; 
  
 (b) any estate, inheritance,
gift, sale, transfer, personal property or similar tax, assessment or other governmental charge; 
  
 (c) any tax, assessment or other governmental charge which is payable otherwise than by withholding from payments of (or in respect of) principal of, or
any interest on, the Securities of such series; 
  
 (d) any tax,
assessment or other governmental charge that is imposed or withheld by reason of the failure by the Holder or the beneficial owner of the Security of such series (i) to provide information concerning the nationality, residence or identity of the
Holder or such beneficial owner or (ii) to make any declaration or other similar claim or satisfy any information or reporting requirements, which, in the case of (i) or (ii), is required or imposed by a statute, treaty, regulation or administrative
practice of the taxing jurisdiction as a precondition to exemption from all or part of such tax, assessment or other governmental charge; 
  

 65 

 (e) any tax, assessment or other governmental charge which such Holder would have been able to avoid by
presenting such Security to another Paying Agent; 
  
 (f) any tax,
assessment or other governmental charge which is imposed on a payment pursuant to any European Union Directive on the taxation of savings implementing the conclusions of the ECOFIN Council meeting of November 26 and 27, 2000, or any law implementing
such directive; or 
  
 (g) any combination of items (a), (b), (c),
(d), (e) and (f) above; nor shall additional amounts be paid with respect to any payment of the principal of, or any interest on, any Security of such series to any Holder who is a fiduciary or partnership or other than the sole beneficial owner of
such payment to the extent such payment would be required by the laws of the jurisdiction (or any political subdivision or taxing authority thereof or therein) to be included in the income for tax purposes of a beneficiary or settlor with respect to
such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to such additional amounts had it been the Holder of such Security. 
  
 The foregoing provisions shall apply mutatis mutandis to any withholding or deduction for or on account of any present or
future taxes, assessments or governmental charges of whatever nature of any jurisdiction in which any successor Person to the Guarantor is organized, or any political subdivision or taxing authority thereof or therein; provided,
however, that such payment of additional amounts may be subject to such further exceptions as may be established in the terms of such Securities established as contemplated by Section 301. 
  
 If the terms of the Securities of a series established as contemplated by
Section 301 do not specify that additional amounts pursuant to the Section will not be payable by the Guarantor, at least 10 days prior to the first Interest Payment Date with respect to that series of Securities (or if the Securities of that series
will not bear interest prior to Maturity, the first day on which a payment of principal and any premium is made), and at least 10 days prior to each date of payment of principal and any premium or interest if there has been any change with respect
to the matters set forth in the below-mentioned Officers’ Certificate, the Guarantor will furnish the Trustee and the Guarantor’s principal paying agent or paying agents, if other than the Trustee, with an Officers’ Certificate
instructing the Trustee and such Paying Agent or Paying Agents whether any payments due under the related Guarantees shall be made to Holders of Securities of that series without withholding for or on account of any tax, assessment or other
governmental charge described in the Guarantees. If any such withholding shall be required, then such Officers’ Certificate shall specify by country the amount, if any, required to be withheld on such payments to such Holders of Securities and
the Guarantor (only if a payment under said Guarantees is then due) will pay to the Trustee or such Paying Agent or Paying Agents the additional amounts required by this Section. 
  

 66 

 The Guarantor covenants to indemnify each of the Trustee and any Paying Agent for, and to hold each of
them harmless against, any loss, liability or expense arising out of or in connection with actions taken or omitted by any of them in reliance on any Officers’ Certificate furnished pursuant to this Section, except to the extent that any such
loss, liability or expense is due to its own negligence or bad faith. 
  
 ARTICLE ELEVEN 
  
 REDEMPTION
OF SECURITIES 
  
 Section 1101. Applicability of Article. 
  
 Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for Securities of any series) in accordance with
this Article. 
  
 Section 1102. Election to
Redeem; Notice to Trustee. 
  
 The election of the Company to
redeem any Securities shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of the Company, the Company shall, at least 45 days prior to
the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date and of the principal amount of Securities of such series to be redeemed. 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 furnish the Trustee with an Officers’ Certificate evidencing compliance with such restriction or condition. 
  
 Section 1103. Selection by Trustee of Securities to Be
Redeemed. 
  
 If less than all the Securities of any series
are to be redeemed (unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series
not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities of that series or any
integral multiple thereof) of the principal amount of Securities of such series of a denomination larger than the minimum authorized denomination for Securities of that series. 
  
 The Trustee shall promptly notify the Company in writing of the Securities selected for redemption and, in the case of any
Securities selected for partial redemption, the principal amount thereof to be redeemed. 
  
 The provisions of the two preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such Security is to be redeemed 

  

 67 

 
in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized
denomination (which shall not be less than the minimum authorized denomination for such Security). 
  
 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 Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed. 
  

Section 1104. Notice of Redemption. 
  

Notice of redemption shall be given by first-class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the Redemption Date,
to each Holder of Securities to be redeemed, at his address appearing in the Security Register. 
  
 All notices of redemption shall state: 
  
 (1) the Redemption Date, 
  
 (2) the Redemption Price or, if not then ascertainable, the manner of calculation thereof, 
  
 (3) if less than all the Outstanding Securities of any
series consisting of more than a single Security are to be redeemed, the identification (and, in the case of partial redemption of any such Securities, the principal amounts) of the particular Securities to be redeemed and, if less than all the
Outstanding Securities of any series consisting of a single Security are to be redeemed, the principal amount of the particular Security to be redeemed, 
  
 (4) that on the Redemption Date the Redemption Price will become due and payable upon each such Security to be redeemed and, if
applicable, that interest thereon will cease to accrue on and after said date, 
  
 (5) the place or places where such Securities are to be surrendered for payment of the Redemption Price, and 
  
 (6) that the redemption is for a sinking fund, if such is
the case. 
  
 Notice of redemption of Securities to be redeemed at
the election of the Company shall be given by the Company or, at the Company’s request, by the Trustee in the name and at the expense of the Company. 
  
 Section 1105. Deposit of Redemption Price. 
  
 Prior to any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is
acting as its own Paying Agent, segregate and hold in trust as provided in Section 1006) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the
Securities which are to be redeemed on that date. 
  

 68 

 Section 1106. Securities Payable on Redemption Date. 
  
 Notice of redemption having been given as aforesaid, the Securities so to be
redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities
shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided,
however, that installments of interest whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the
relevant Record Dates according to their terms and the provisions of Section 307. 
  
 If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate prescribed
therefor in the Security. 
  
 Section 1107.
Securities Redeemed in Part. 
  
 Any Security which is to
be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed
by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series,
of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security surrendered; provided, that if a Global Security is so surrendered,
such new Security so issued shall be a new Global Security in a denomination equal to the unredeemed portion of the principal of the Global Security so surrendered. 
  
 Section 1108. Optional Redemption Due to Changes in Tax Treatment. 
  
 With respect to each series of Securities, if, as the result of any change
in or any amendment to the laws of the United Kingdom, or of any political subdivision or taxing authority thereof or therein, affecting taxation, or any change in an application or interpretation of such laws either generally or in relation to any
particular series of Securities, which change or amendment to such laws becomes effective on or after the date specified for such series pursuant to Section 301(7) or which change in application or interpretation is notified to the Company or the
Guarantor on or after such date, it is determined by the Company or the Guarantor that the Guarantor would be required to make payments of additional amounts (i) in respect of interest on the next succeeding Interest Payment Date pursuant to the
terms of the Guarantees endorsed on the Securities 

  

 69 

 
of such series, as applicable, assuming a payment in respect of such interest were required to be made pursuant thereto on such Interest Payment Date, or
(ii) in respect of the principal of any series of Original Issue Discount Securities at the date of such determination pursuant to the terms of the Guarantees endorsed on the Securities of such series, as applicable, assuming a payment in respect of
such principal were required to be made pursuant thereto on such date, in either case the Company or the Guarantor may, at its option, redeem such series of Securities in whole at any time (except in the case of a series of Securities that has a
variable rate of interest, which may be redeemed on any Interest Payment Date) at a Redemption Price equal to 100 percent of the principal amount thereof plus accrued interest to the date fixed for redemption (except in the case of any series of
Outstanding Original Issue Discount Securities which may be redeemed at the Redemption Price specified by the terms of such series). Prior to any redemption of such a series of Securities pursuant to this Section, the Company or the Guarantor shall
provide the Trustee with an Opinion of Counsel that the conditions precedent to the right of the Company or the Guarantor to redeem such series of Securities pursuant to this Section have occurred. Such Opinion of Counsel shall be based on the laws
and application and interpretation thereof in effect on the date of such opinion or to become effective on or before the next succeeding Interest Payment Date. 
  

ARTICLE TWELVE 
  
 SINKING FUNDS 
  
 Section 1201. Applicability of Article. 
  

The provisions of this Article shall be applicable to any sinking fund for the retirement of Securities of a series except as otherwise specified as
contemplated by Section 301 for Securities of such series. 
  
 The
minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment”, and any payment in excess of such minimum amount provided for by the terms of
Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section
1202. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series. 
  
 Section 1202. Satisfaction of Sinking Fund Payments with Securities. 
  
 The Company (1) may deliver Outstanding Securities of a series (other than
any previously called for redemption) and (2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional
sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as
provided for by the terms of such series, 

  

 70 

 
provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the
Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 
  
 Section 1203. Redemption of Securities for Sinking Fund. 
  
 Not less than 45 days prior to each sinking fund payment date for any series
of Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of that series, the portion thereof, if any, which is to be
satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting Securities of that series pursuant to Section 1202 and stating the basis for such credit and that such Securities have not been
previously so credited and will also deliver to the Trustee any Securities to be so delivered. Not more than 60 days before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment
date in the manner specified in Section 1103 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 1104. Such notice having been duly given, the redemption of such
Securities shall be made upon the terms and in the manner stated in Sections 1106 and 1107. 
  
 ARTICLE THIRTEEN 
  
 GUARANTEES 
  
 Section 1301. Guarantee. 
  
 The Guarantor hereby
unconditionally guarantees to each Holder of a Security of each series authenticated and delivered by the Trustee and to the Trustee the due and prompt payment of the principal of (and premium, if any) and interest on such Security and the due and
prompt payment of any sinking fund payments provided for pursuant to the terms of such Security, when and as the same shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption or otherwise,
according to the terms of such Security and of this Indenture. In case of the failure of the Company punctually to make any such principal, premium, interest or sinking fund payment, the Guarantor hereby agrees to cause any such payment to be made
promptly when and as the same shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption or otherwise, and as if such payment were made by the Company. 
  
 The Guarantor hereby agrees that its obligations hereunder shall be as if it
were principal debtor and not merely surety, and shall be absolute and unconditional, irrespective of, and shall be unaffected by, any invalidity, irregularity or unenforceability of any Security of any series or this Indenture, any failure to
enforce the provisions of any Security of any series or this Indenture, or any waiver, modification or indulgence granted to the Company with respect thereto, by the Holder of any Security of any series 

  

 71 

 
or the Trustee, or any other circumstance which may otherwise constitute a legal or equitable discharge of a surety or guarantor; provided however,
that, notwithstanding the foregoing, no such waiver, modification or indulgence shall, without the consent of the Guarantor, increase the principal amount of a Security or the interest rate thereon or increase any premium payable upon redemption
thereof. The Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of merger or bankruptcy of the Company, any right to require a proceeding first against the Company, protest or notice with
respect to any Security or the indebtedness evidenced thereby or with respect to any sinking fund payment required pursuant to the terms of a Security issued under this Indenture and all demands whatsoever, and covenants that this Guarantee will not
be discharged with respect to any Security except by payment in full of the principal of (and premium, if any) and interest on such Security. The Guarantees shall constitute guarantees of payment and not of collection. 
  
 Section 1302. Subrogation. 
  
 The Guarantor shall be subrogated to all rights of the Holder of a Security
against the Company in respect of any amounts paid to such Holder by the Guarantor pursuant to the provisions of this Guarantee; provided, however, that the Guarantor shall not be entitled to enforce, or to receive any payments arising out of
or based upon, such right of subrogation until the principal of (and premium, if any) and interest on all Securities of the relevant series shall have been paid in full. 
  
 Section 1303. Execution and Delivery of Guarantees. 
  
 To evidence its guarantee set forth in Section 1301, the Guarantor hereby
agrees to execute the Guarantee in a form established pursuant to Section 205, to be endorsed on each Security authenticated and delivered by the Trustee. Each such Guarantee shall be signed manually or by facsimile by a person duly authorized
thereto by Board Resolution of the Guarantor. 
  
 Guarantees
bearing the facsimile signature of any individual who was at any time such an authorized person of the Guarantor shall bind the Guarantor, notwithstanding that such individual shall have ceased to be such an authorized person prior to the
authentication and delivery of the Securities upon which such Guarantees are endorsed or was not such an authorized person at the date of such Securities. 
  
 The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guarantee endorsed thereon
on behalf of the Guarantor. 
  
 Section 1304.
Submission to Jurisdiction. 
  
 The Guarantor agrees that
any legal suit, action or proceeding arising out of or based upon the Indenture or the Guarantees may be instituted in any state or Federal court in the Borough of Manhattan, The City of New York, New York, United States of America, waives, to the
extent it may effectively do so, any objection which it may have now or hereafter to the laying of the venue of any such suit, action or proceeding, and 

  

 72 

 
irrevocably submits to the jurisdiction of any such court in any such suit, action or proceeding. The Guarantor has designated and appointed BP America Inc.
(or any successor corporation) as the Guarantor’s authorized agent to accept and acknowledge on its behalf service of any and all process which may be served in any such suit, action or proceeding in any such court and agrees that service of
process upon said agent at its office at 667 Madison Avenue, 22nd Floor, New York, New York 10021, attention of the General Counsel (or at such other address in the Borough of Manhattan, The City of New York, as the Guarantor may designate by
written notice to the Company and the Trustee), and written notice of said service to the Guarantor, mailed or delivered to it, at 1 St. James’s Square, London SW1Y 4PD, England, attention of the Secretary (until another address is filed by the
Guarantor with the Trustee), shall be deemed in every respect effective service of process upon the Guarantor in any such suit, action or proceeding and shall be taken and held to be valid personal service upon the Guarantor, whether or not the
Guarantor shall then be doing, or at any time shall have done, business within the State of New York, and any such service of process shall be of the same force and validity as if service were made upon it according to the laws governing the
validity and requirements of such service in such State, and waives all claim of error by reason of any such service. Said designation and appointment shall be irrevocable until the Indenture shall have been satisfied and discharged in accordance
with Article Four. The Guarantor agrees to take all action as may be necessary to continue the designation and appointment of BP America Inc. or any successor corporation in full force and effect so that the Guarantor shall at all times have an
agent for service of process for the above purposes in the Borough of Manhattan, The City of New York, New York, United States of America. 
  
 *    *    * 
  
 This instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument. 
  

 73 

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

	 BP CAPITAL MARKETS AMERICA INC.

		
	 By
	 	 /s/ D. B. PINKERT

	 	 	 Name:
	 	 D. B. Pinkert

	 	 	 Title:
	 	 Vice President

	
	 BP p.l.c.

		
	 By
	 	 /s/ HENRY R. WILSON

	 	 	 Name:
	 	 Henry R. Wilson

	 	 	 Title:
	 	 Corporate Finance Executive

	
	 JPMORGAN CHASE BANK, AS
TRUSTEE

		
	 By
	 	 /s/ JAMES P. FREEMAN

	 	 	 Name:
	 	 James P. Freeman

	 	 	 Title:
	 	 Vice President

  

 74 

 ANNEX A 
  

	1.	Indenture, dated as of September 27, 2002, among BP Canada Finance Company, as Issuer, BP p.l.c., as Guarantor, and the Trustee. 

  

	2.	Indenture, dated as of March 8, 2002, among BP Capital Markets p.l.c., as Issuer, BP p.l.c., as Guarantor, and the Trustee. 

  

	3.	Indenture, dated as of November 1, 1997, among Windsor Petroleum Transport Corporation, as Agent, Buckingham Shipping Plc, Caernarfon Shipping Plc, Sandringham Shipping Plc,
Holyrood Shipping Plc and the Trustee, under which the 7.84% Term Secured Notes Due 2021 and the relating Serial Secured Notes are outstanding, the payment of which is supported by a charter with The British Petroleum Company p.l.c.

  

	4.	Indenture, dated as of August 1, 1997, among Amoco Company, as Issuer, Amoco Corporation, as Guarantor, and the Trustee 

  

	5.	Indenture, dated as of October 1, 1992, among Amoco Canada Petroleum Company Ltd., as Issuer, Amoco Company, as Guarantor, Amoco Corporation, as Guarantor, and the Trustee

  

	6.	Indenture, dated as of May 15, 1985, between Atlantic Richfield Company, as Issuer, and the Trustee 

  

	7.	Indenture, dated as of June 15, 1983, between BP America Inc. and the Trustee 

  

	8.	Indenture, dated as of September 7, 1995, between Amoco Argentine Oil Company, Argentine Branch, as Issuer, Amoco Corporation, as Guarantor, Amoco Company as Guarantor and the
Trustee 

  

	9.	Indenture, dated as of May 15, 1996, between Amoco Argentine Oil and the Trustee 

  

	10.	Indenture, dated as of November 1, 2001, between the State of Ohio and the Trustee 

  

	11.	Indenture dated 1995 between Beaver County Industrial Development Authority and the Trustee 

  

	12.	Indenture dated 1996 between Beaver County Industrial Development Authority and the Trustee 

  

	13.	Indenture dated 1999 between Mississippi Business Finance Group and the Trustee 

  

	14.	Indenture, dated as of May 1, 1983, between Guadalupe Blanco River Authority and the Trustee 

  

 A-1 

	15.	Indenture, dated as of December 1, 1985, between Delaware County Industrial Development Authority (Pennsylvania) and the Trustee 

  

	16.	Indenture, dated as of March 1, 2000, between West Side Calhoun County Development Corporation (Texas) and the Trustee 

  

	17.	Indenture, dated as of December 1, 1982, between Town of Hurley, New Mexico and the Trustee 

  

	18.	Indenture, dated as of December 1, 1985, between the State of Ohio and the Trustee 

  

	19.	Indenture, dated as of December 1, 2001, between North Slope Borough, Alaska and the Trustee 

  

	20.	Indenture, dated as of December 1, 1985, between Marshall County, West Virginia and the Trustee 

  

	21.	Indenture, dated as of July 1, 2000, relating to Taxable Solid Waste Revenue Bonds, Series 2000, between the State of Ohio and the Trustee 

  

	22.	Indenture, dated as of July 1, 2000, relating to Solid Waste Revenue Bonds, Series 2000, between the State of Ohio and the Trustee 

  

	23.	Indenture, dated as of July 1, 2001, between the State of Ohio and the Trustee 

  

	24.	Indenture, dated as of November 1, 2001, between the State of Ohio and the Trustee 

  

	25.	Indenture of the Trustee, dated as of November 1, 1985, relating to $6.045MM Carbon (Series 1985) due 2014 

  

	26.	Indenture of the Trustee, dated as of December 1, 1983, relating to $93MM Hockley (Series 1983) due 2014 

  

	27.	Indenture of the Trustee, dated as of November 1, 1985, relating to $56.8MM Hockley (Series 1985) due 2019 

  

	28.	Indenture of the Trustee, dated as of February 1, 1986, relating to $1.9MM La Plata (Series 1986) due 2016 

  

	29.	Indenture of the Trustee, dated as of December 1, 1983, relating to $15.2MM Lincoln (Series 1983) due 2012 

  

	30.	Indenture of the Trustee, dated as of November 1, 1985, relating to $5.645MM Yoakum (Series 1985) due 2019 

  

	31.	Indenture of the Trustee, dated as of November 1, 1975, relating to $8.28MM Gulf Coast (Series 1984) due 2008 

  

 A-2 

	32.	Indenture of the Trustee, dated as of May 1, 1983, relating to $7MM Gulf Coast (Series 1986) due 2009 

  

	33.	Indenture of the Trustee, dated as of June 1, 1985, relating to $14.35MM Gulf Coast (Series 1985) due 2025 

  

	34.	Indenture of the Trustee, dated as of May 1, 1991, relating to $9.2MM Gulf Coast (Series 1991) due 2015 

  

	35.	Indenture of the Trustee, dated as of September 1, 1992, relating to $88.215MM Gulf Coast (Series 1992) due 2017 

  

	36.	Indenture of the Trustee, dated as of May 1, 1993, relating to $50MM Gulf Coast (Series 1993) due 2023 

  

	37.	Indenture of the Trustee, dated as of March 1, 1993, relating to $44.8MM Gulf Coast (Series 1993) due 2028 

  

	38.	Indenture of the Trustee, dated as of April 1, 1994, relating to $50MM Gulf Coast (Series 1994) due 2023 

  

	39.	Indenture of the Trustee, dated as of June 1, 1994, relating to $50MM Gulf Coast (Series 1994) due 2024 

  

	40.	Indenture of the Trustee, dated as of July 1, 1995, relating to $50MM Gulf Coast (Series 1995) due 2027 

  

	41.	Indenture of the Trustee, dated as of November 1, 1995, relating to $84MM Gulf Coast (Taxable Series 1995) due 2026 

  

	42.	Indenture of the Trustee, dated as of March 1, 1996, relating to $25MM Gulf Coast (Series 1996) due 2024 

  

	43.	Indenture of the Trustee, dated as of April 1, 1997, relating to $25MM Gulf Coast (Series 1997) due 2026 

  

	44.	Indenture of the Trustee, dated as of January 1, 1998, relating to $25MM Gulf Coast (Series 1998) due 2026 

  

	45.	Indenture of the Trustee, dated as of November 1, 1998, relating to $44.6MM Uinta (Series 1998) due 2026 

  

	46.	Indenture of the Trustee, dated as of November 1, 1999, between Pascagoula, Mississippi and the Trustee. 

  

	47.	Indenture of the Trustee, dated as of April 1, 2001, relating to $25MM Gulf Coast (Series 2001) due April 1, 2032 

  

 A-3 

	48.	Indenture of the Trustee, dated as of January 1, 2002, relating to $25MM Gulf Coast (Series 2002) due July 1, 2036 

  

	49.	Indenture of the Trustee, dated as of December 1, 1997, relating to $108MM CPCFA Taxable Series 1997 due December 1, 2032 

  

	50.	Indenture of the Trustee, dated as of December 1, 1997, relating to $20MM CPCFA Non-Taxable Series 1997A due December 1, 2032 

  

	51.	Indenture of the Trustee, dated as of January 1, 1996, relating to $44.81MM 5% CPCFA Pollution Control Ref. Revenue Bonds Series 1996A due 2008 

  

	52.	Indenture, dated as of December 1, 1995, between Beaver County and the Trustee 

  

	53.	Indenture, dated as of August 1, 1981, between Beaver County and the Trustee 

  

	54.	Indenture of the Trustee, dated as of December 1, 1994, relating to $45MM CPCFA Resource Recovery Revenue Bonds Series 1994A due 2024 

  

 A-4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]