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Exhibit 4.1  

CINTAS CORPORATION NO. 2, 

Issuer, 

CINTAS
CORPORATION, 

Parent
Guarantor, 

and

the
Subsidiary Guarantors Party Hereto, 

to

WACHOVIA
BANK, NATIONAL ASSOCIATION, 

Trustee 

INDENTURE 

Dated
as of May 28, 2002 

Debt
Securities 

 
 
 

Reconciliation and Tie between
  Trust Indenture Act of 1939 (the "Trust Indenture Act")
  and Indenture    
  

	Trust Indenture Act Section
 
	 	Indenture Section

	Section 310(a)(1)	 	6.7
	 	(a)(2)	 	6.7
	 	(b)	 	6.8
	Section 312(a)	 	7.1
	 	(b)	 	7.2
	 	(c)	 	7.2
	Section 313(a)	 	7.3
	 	(b)(2)	 	7.3
	 	(c)	 	7.3
	 	(d)	 	7.3
	Section 314(a)	 	7.4
	 	(c)(1)	 	1.2
	 	(c)(2)	 	1.2
	 	(e)	 	1.2
	 	(f)	 	1.2
	Section 316(a) (last sentence)	 	1.1
	 	(a)(1)(A)	 	5.2, 5.12
	 	(a)(1)(B)	 	5.13
	 	(b)	 	5.8
	Section 317(a)(1)	 	5.3
	 	(a)(2)	 	5.4
	 	(b)	 	10.3
	Section 318(a)	 	1.8

	Note:	This reconciliation and tie shall not, for any purpose, be deemed to be part of this Indenture.

2

 
 
 

TABLE OF CONTENTS    
  

	ARTICLE 1 DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
	

Section 1.1	
 	

Definitions	
 	

1
	 	 	Act	 	2
	 	 	Additional Amounts	 	2
	 	 	Affiliate	 	2
	 	 	Attributable Debt	 	2
	 	 	Authenticating Agent	 	2
	 	 	Authorized Newspaper	 	2
	 	 	Authorized Officer	 	2
	 	 	Bearer Security	 	3
	 	 	Board of Directors	 	3
	 	 	Board Resolution	 	3
	 	 	Business Day	 	3
	 	 	Capital Stock	 	3
	 	 	Clearstream	 	3
	 	 	Commission	 	3
	 	 	Company	 	3
	 	 	Company Order or Company Request	 	3
	 	 	Consolidated Net Worth	 	3
	 	 	Conversion Event	 	3
	 	 	Corporate Trust Office	 	3
	 	 	Corporation	 	3
	 	 	Coupon	 	3
	 	 	Credit Agreement or Credit Agreements	 	4
	 	 	Currency	 	4
	 	 	CUSIP number	 	4
	 	 	Debt	 	4
	 	 	Defaulted Interest	 	4
	 	 	Dollar or $	 	4
	 	 	Domestic Subsidiary	 	4
	 	 	EC Treaty	 	4
	 	 	EMU	 	4
	 	 	Euro	 	4
	 	 	Euroclear	 	4
	 	 	Event of Default	 	4
	 	 	Foreign Currency	 	4
	 	 	Funded Debt	 	4
	 	 	Government Obligations	 	4
	 	 	Guarantee or Guarantees	 	5
	 	 	Guarantor or Guarantors	 	5
	 	 	Guarantor's Board of Directors	 	5
	 	 	Guarantor's Board Resolution	 	5
	 	 	Guarantor's Officers' Certificate	 	5
	 	 	Guarantor Request and Guarantor Order	 	5
	 	 	Holder	 	5
	 	 	Indenture	 	5
	 	 	Indexed Security	 	5
	 	 	Initial Subsidiary Guarantor or Initial Subsidiary Guarantors	 	5

i

 

	 	 	Interest	 	6
	 	 	Interest Payment Date	 	6
	 	 	Judgment Currency	 	6
	 	 	Legal Holidays	 	6
	 	 	Lien	 	6
	 	 	Maturity	 	6
	 	 	New York Banking Day	 	6
	 	 	Office or Agency	 	6
	 	 	Officers' Certificate	 	6
	 	 	Opinion of Counsel	 	6
	 	 	Original Issue Discount Security	 	6
	 	 	Outstanding	 	6
	 	 	Parent Guarantor	 	7
	 	 	Paying Agent	 	7
	 	 	Permitted Liens	 	8
	 	 	Person	 	8
	 	 	Place of Payment	 	8
	 	 	Predecessor Security	 	8
	 	 	Principal Property	 	8
	 	 	Redemption Date	 	8
	 	 	Redemption Price	 	8
	 	 	Registered Security	 	8
	 	 	Regular Record Date	 	8
	 	 	Required Currency	 	8
	 	 	Responsible Officer	 	8
	 	 	Security or Securities	 	8
	 	 	Security Register or Security Registrar	 	8
	 	 	Significant Subsidiary	 	8
	 	 	Significant Subsidiary Guarantor	 	8
	 	 	Special Record Date	 	9
	 	 	Stated Maturity	 	9
	 	 	Subsequent Subsidiary Guarantor	 	9
	 	 	Subsidiary	 	9
	 	 	Subsidiary Guarantor or Subsidiary Guarantors	 	9
	 	 	Trust Indenture Act	 	9
	 	 	Trustee	 	9
	 	 	United States	 	9
	 	 	U.S. Depository or Depository	 	9
	 	 	U.S. Alien	 	9
	 	 	Vice President	 	10
	Section 1.2	 	Compliance Certificates and Opinions	 	10
	Section 1.3	 	Form of Documents Delivered to Trustee	 	10
	Section 1.4	 	Acts of Holders	 	11
	Section 1.5	 	Notices, etc. to Trustee and Company and Guarantors	 	12
	Section 1.6	 	Notice to Holders of Securities; Waiver	 	13
	Section 1.7	 	Language of Notices	 	13
	Section 1.8	 	Conflict with Trust Indenture Act	 	13
	Section 1.9	 	Effect of Headings and Table of Contents	 	13
	Section 1.10	 	Successors and Assigns	 	14
	Section 1.11	 	Separability Clause	 	14
	Section 1.12	 	Benefits of Indenture	 	14

ii

 

	Section 1.13	 	Governing Law	 	14
	Section 1.14	 	Legal Holidays	 	14
	Section 1.15	 	Counterparts	 	14
	Section 1.16	 	Judgment Currency	 	14
	Section 1.17	 	No Security Interest Created	 	15
	Section 1.18	 	Limitation on Individual Liability	 	15
	

ARTICLE 2 SECURITIES FORMS
	

Section 2.1	
 	

Forms Generally	
 	

15
	Section 2.2	 	Form of Trustee's Certificate of Authentication	 	16
	Section 2.3	 	Securities in Global Form	 	16
	

ARTICLE 3 THE SECURITIES
	

Section 3.1	
 	

Amount Unlimited; Issuable in Series	
 	

16
	Section 3.2	 	Currency; Denominations	 	19
	Section 3.3	 	Execution, Authentication, Delivery and Dating	 	19
	Section 3.4	 	Temporary Securities	 	21
	Section 3.5	 	Registration, Transfer and Exchange	 	22
	Section 3.6	 	Mutilated, Destroyed, Lost and Stolen Securities	 	25
	Section 3.7	 	Payment of Interest and Certain Additional Amounts; Rights to Interest and Certain Additional Amounts Preserved	 	26
	Section 3.8	 	Persons Deemed Owners	 	27
	Section 3.9	 	Cancellation	 	27
	Section 3.10	 	Computation of Interest	 	27
	

ARTICLE 4 SATISFACTION AND DISCHARGE OF INDENTURE
	

Section 4.1	
 	

Satisfaction and Discharge	
 	

28
	Section 4.2	 	Defeasance and Covenant Defeasance	 	29
	Section 4.3	 	Application of Trust Money	 	32
	

ARTICLE 5 REMEDIES
	

Section 5.1	
 	

Events of Default	
 	

32
	Section 5.2	 	Acceleration of Maturity; Rescission and Annulment	 	34
	Section 5.3	 	Collection of Debt and Suits for Enforcement by Trustee	 	35
	Section 5.4	 	Trustee May File Proofs of Claim	 	36
	Section 5.5	 	Trustee May Enforce Claims without Possession of Securities or Coupons	 	36
	Section 5.6	 	Application of Money Collected	 	37
	Section 5.7	 	Limitations on Suits	 	37
	Section 5.8	 	Unconditional Right of Holders to Receive Principal and any Premium, Interest and Additional Amounts	 	38
	Section 5.9	 	Restoration of Rights and Remedies	 	38
	Section 5.10	 	Rights and Remedies Cumulative	 	38
	Section 5.11	 	Delay or Omission Not Waiver	 	38
	Section 5.12	 	Control by Holders of Securities	 	38
	Section 5.13	 	Waiver of Past Defaults	 	39
	Section 5.14	 	Waiver of Usury, Stay or Extension Laws	 	39
	Section 5.15	 	Undertaking for Costs	 	39
	

ARTICLE 6 THE TRUSTEE
	

Section 6.1	
 	

Certain Rights of Trustee	
 	

39
	Section 6.2	 	Notice of Defaults	 	41

iii

 

	Section 6.3	 	Not Responsible for Recitals or Issuance of Securities	 	41
	Section 6.4	 	May Hold Securities	 	41
	Section 6.5	 	Money Held in Trust	 	41
	Section 6.6	 	Compensation and Reimbursement	 	42
	Section 6.7	 	Corporate Trustee Required; Eligibility	 	42
	Section 6.8	 	Resignation and Removal; Appointment of Successor	 	42
	Section 6.9	 	Acceptance of Appointment by Successor	 	44
	Section 6.10	 	Merger, Conversion, Consolidation or Succession to Business	 	45
	Section 6.11	 	Appointment of Authenticating Agent	 	45
	

ARTICLE 7 HOLDERS LISTS AND REPORTS BY TRUSTEE AND COMPANY
	

Section 7.1	
 	

Company and Guarantors to Furnish Trustee Names and Addresses of Holders	
 	

47
	Section 7.2	 	Preservation of Information; Communications to Holders	 	47
	Section 7.3	 	Reports by Trustee	 	47
	Section 7.4	 	Reports by Company and Guarantors; Rule 144A Information	 	47
	

ARTICLE 8 CONSOLIDATION, MERGER AND SALES
	

Section 8.1	
 	

Company May Consolidate, etc., Only on Certain Terms	
 	

48
	Section 8.2	 	Successor Person Substituted for Company	 	49
	Section 8.3	 	Parent Guarantor May Consolidate, Etc., Only on Certain Terms	 	49
	Section 8.4	 	Successor Person Substituted for Parent Guarantor	 	50
	Section 8.5	 	Subsidiaries May Consolidate, Etc., Only on Certain Terms	 	50
	Section 8.6	 	Successor Person Substituted for Subsidiary Guarantor	 	51
	

ARTICLE 9 SUPPLEMENTAL INDENTURES
	

Section 9.1	
 	

Supplemental Indentures without Consent of Holders	
 	

51
	Section 9.2	 	Supplemental Indentures with Consent of Holders	 	52
	Section 9.3	 	Execution of Supplemental Indentures	 	53
	Section 9.4	 	Effect of Supplemental Indentures	 	54
	Section 9.5	 	Reference in Securities to Supplemental Indentures	 	54
	Section 9.6	 	Conformity with Trust Indenture Act	 	54
	Section 9.7	 	Notice of Supplemental Indenture	 	54
	

ARTICLE 10 COVENANTS
	

Section 10.1	
 	

Payment of Principal, any Premium, Interest and Additional Amounts	
 	

54
	Section 10.2	 	Maintenance of Office or Agency	 	54
	Section 10.3	 	Money for Securities Payments to Be Held in Trust	 	55
	Section 10.4	 	Additional Amounts	 	57
	Section 10.5	 	Limitation on Liens; Restriction on Sale-Leasebacks	 	57
	Section 10.6	 	Legal Existence	 	59
	Section 10.7	 	Subsequent Subsidiary Guarantors	 	59
	Section 10.8	 	Waiver of Certain Covenants	 	59
	Section 10.9	 	Company Statement as to Compliance; Notice of Certain Defaults	 	60
	Section 10.10	 	Guarantor Statement as to Compliance; Notice of Certain Defaults	 	60
	

ARTICLE 11 REDEMPTION OF SECURITIES
	

Section 11.1	
 	

Applicability of Article	
 	

61
	Section 11.2	 	Election to Redeem; Notice to Trustee	 	61
	Section 11.3	 	Selection by Trustee of Securities to be Redeemed	 	61
	Section 11.4	 	Notice of Redemption	 	61
	Section 11.5	 	Deposit of Redemption Price	 	62

iv

 

	Section 11.6	 	Securities Payable on Redemption Date	 	62
	Section 11.7	 	Securities Redeemed in Part	 	63
	

ARTICLE 12 SINKING FUNDS
	

Section 12.1	
 	

Applicability of Article	
 	

64
	Section 12.2	 	Satisfaction of Sinking Fund Payments with Securities	 	64
	Section 12.3	 	Redemption of Securities for Sinking Fund	 	64
	

ARTICLE 13 REPAYMENT AT THE OPTION OF HOLDERS
	

Section 13.1	
 	

Applicability of Article	
 	

80
	

ARTICLE 14 SECURITIES IN FOREIGN CURRENCIES
	

Section 14.1	
 	

Applicability of Article	
 	

65
	

ARTICLE 15 MEETINGS OF HOLDERS OF SECURITIES
	

Section 15.1	
 	

Purposes for Which Meetings May Be Called	
 	

65
	Section 15.2	 	Call, Notice and Place of Meetings	 	65
	Section 15.3	 	Persons Entitled to Vote at Meetings	 	66
	Section 15.4	 	Quorum; Action	 	66
	Section 15.5	 	Determination of Voting Rights; Conduct and Adjournment of Meetings	 	67
	Section 15.6	 	Counting Votes and Recording Action of Meetings	 	67
	

ARTICLE 16 GUARANTEE
	

Section 16.1	
 	

Guarantee	
 	

68
	Section 16.2	 	Operation of Guarantees	 	69
	Section 16.3	 	Release of Guarantee	 	69

v

        INDENTURE, dated as of May 28, 2002 (the "Indenture"), among CINTAS CORPORATION NO. 2, a corporation duly organized and existing under the laws of the State of Nevada (hereinafter
called the "Company"), having its principal executive office located at 6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, Ohio 45262-5737, CINTAS CORPORATION, a corporation duly
organized and existing under the laws of the State of Washington (hereinafter called the "Parent Guarantor") having its principal executive office located at 6800 Cintas Boulevard, P.O. Box
625737, Cincinnati, Ohio 45262-5737, the Subsidiary Guarantors referred to below and WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association duly organized and existing under
the laws of the United States of America (hereinafter called the "Trustee"), having its Corporate Trust Office located at 5847 San Felipe, Suite 1050, Houston, Texas 77057. 

RECITALS  

        The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its senior unsecured debentures,
notes or other evidences of indebtedness (hereinafter called the "Securities"), unlimited as to principal amount, to bear such rates of interest, to mature at such time or times, to be issued in one
or more series and to have such other provisions as shall be fixed as hereinafter provided. 

        The
Company has duly authorized the execution and delivery of this Indenture. All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms,
have been done. 

        For
value received, each Guarantor named herein has duly authorized the execution and delivery of this Indenture to provide for the issuance of the Guarantees provided for herein. All
things necessary to make this Indenture a valid agreement of each such Guarantor, in accordance with its terms, have been done. 

        This
Indenture is subject to the provisions of the Trust Indenture Act of 1939, as amended, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder
that are required to be part of this Indenture and, to the extent applicable, shall be governed by such provisions. 

        NOW,
THEREFORE, THIS INDENTURE WITNESSETH: 

        For
and in consideration of the premises and the purchase of the Securities by the Holders (as herein defined) thereof, it is mutually covenanted and agreed, for the equal and
proportionate benefit of all Holders of the Securities or of any series thereof and any Coupons (as herein defined) as follows: 

 
 

ARTICLE 1    
    
    DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION    
  

        Section 1.1    Definitions.    

        Except
as otherwise expressly provided in or pursuant to this Indenture or unless the context otherwise requires, for all purposes of this Indenture: 

        (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 generally accepted accounting principles in the United States of
America and, except as otherwise herein expressly provided, the terms "generally accepted accounting principles" or "GAAP" with respect to any computation required or permitted hereunder shall mean
such 

 

accounting principles as are generally accepted in the United States of America at the date or time of such computation; 

        (4)  the
words "herein", "hereof", "hereto" 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; and 

        (5)  the
word "or" is always used inclusively (for example, the phrase "A or B" means "A or B or both", not "either A or B but not both"). 

        Certain
terms used principally in certain Articles hereof are defined in those Articles. 

        "Act",
when used with respect to any Holders, has the meaning specified in Section 1.4. 

        "Additional
Amounts" means any additional amounts which are required hereby or by any Security, under circumstances specified herein or therein, to be paid by the Company in respect of
certain taxes, assessments or other governmental charges imposed on Holders specified therein and which are owing to such Holders. 

        "Affiliate"
of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect 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 the meanings correlative to the foregoing. 

        "Attributable
Debt" means, as to any particular lease at any date as of which the amount thereof is to be determined, the total net amount of rent (discounted from the respective due
dates thereof at the rate per annum set forth or implicit in the terms of such lease, compounded semiannually) required to be paid by the lessee under such lease during the remaining term thereof. The
net amount of rent required to be paid under any such lease for any such period shall be the total scheduled amount of the rent payable by the lessee with respect to such period, but may exclude
amounts required to be paid on account of maintenance and repairs, insurance, taxes, assessments, water rates and similar charges. In the case of any lease that is terminable by the lessee upon the
payment of a penalty or other termination payment, such amount shall be the amount determined assuming termination upon the first date such lease may be terminated (in which case the amount shall also
include the amount of the penalty or termination payment, but no rent shall be considered as required to be paid under such lease subsequent to the first date upon which it may be so terminated). 

        "Authenticating
Agent" means any Person authorized by the Trustee pursuant to Section 6.11 to act on behalf of the Trustee to authenticate Securities of one or more series. 

        "Authorized
Newspaper" means a newspaper, in an official language of the place of publication or in the English language, customarily published on each day that is a Business Day in the
place of publication, whether or not published on days that are Legal Holidays in the place of publication, and of general circulation in each place in connection with which the term is used or in the
financial community of each such place. Where successive publications are required to be made in Authorized Newspapers, the successive publications may be made in the same or in different newspapers
in the same city meeting the foregoing requirements and in each case on any day that is a Business Day in the place of publication. 

        "Authorized
Officer" means, when used with respect to the Company, the Chief Executive Officer, the Chairman of the Board of Directors, the President, Senior Vice President, any Vice
President, the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, of the Company. 

2

 

        "Bearer
Security" means any Security in the form established pursuant to Section 2.1 which is payable to bearer. 

        "Board
of Directors" means the board of directors of the Company or any committee of that board duly authorized to act generally or in any particular respect for the Company hereunder. 

        "Board
Resolution" means a copy of one or more resolutions, certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to
be in full force and effect on the date of such certification, delivered to the Trustee. 

        "Business
Day", with respect to any Place of Payment or other location, means, unless otherwise specified with respect to any Securities pursuant to Section 3.1, any day other
than a Saturday, Sunday or other day on which banking institutions in such Place of Payment or other location are authorized or obligated by law, regulation or executive order to close. 

        "Capital
Stock" means, with respect to any Person, any and all shares, interests, participations or other equivalents (however designated) in the equity interests of such Person,
including without limitation, (i) with respect to a corporation, common stock, preferred stock and any other capital stock, (ii) with respect to a partnership, partnership interests
(whether general or limited), and (iii) with respect to a limited liability company, limited liability company interests. 

        "Clearstream"
means Clearstream Banking, société anonyme, Luxembourg. 

        "Commission"
means the Securities and Exchange Commission, as from time to time constituted, created under the Securities Exchange Act of 1934, as amended, or, if at any time after the
execution of this Indenture such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time. 

        "Company"
means the Person named as the "Company" in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable provisions of this
Indenture, and thereafter "Company" shall mean such successor Person, and any other obligor upon the Securities. 

        "Company
Order" or "Company Request" means, respectively, a written order or request, as the case may be, signed in the name of the Company by the Chairman of the Board of Directors, the
President, a Senior Vice President or a Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, of the Company, and delivered to the Trustee. 

        "Consolidated
Net Worth" means at any time the consolidated stockholders' equity of the Parent Guarantor and its Subsidiaries calculated on a consolidated basis as of such time. 

        "Conversion
Event" means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the
settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the Euro both within the EMU and for the settlement of
transactions by public institutions of or within the EMU or (iii) any currency unit or composite currency other than the Euro for the purposes for which it was established. 

        "Corporate
Trust Office" means the principal corporate trust office of the Trustee at which at any particular time its corporate trust business shall be administered, which office at the
date of original execution of this Indenture is located at 5847 San Felipe, Suite 1050, Houston, Texas 77057. 

        "Corporation"
includes corporations and limited liability companies and, except for purposes of Article Eight, associations, companies and business trusts. 

        "Coupon"
means any interest coupon appertaining to a Bearer Security. 

3

 

        "Credit
Agreement" or "Credit Agreements" means, collectively, (i) the Amended and Restated 364-day Credit Agreement, dated April 30, 2002 (as amended from time
to time), among the Company, the Parent Guarantor and the lenders and agents named therein relating to the Company's $150,000,000 revolving credit facility, (ii) the Three-Year
Credit Agreement, dated January 31, 2002 (as amended from time to time), among the Company, the Parent Guarantor and the lenders and agents named therein relating to the Company's $150,000,000
revolving credit facility, (iii) the Bridge Facility Credit Agreement, dated as of May 8, 2002, among the Company, the Parent Guarantor and the lenders and agents named therein relating
to the Company's $500,000,000 credit facility and (iv) any future credit facility or lending arrangement for indebtedness of the Company or the Parent Guarantor between the Company and/or the
Parent Guarantor and one or more third party lenders. 

        "Currency",
with respect to any payment, deposit or other transfer in respect of the principal of or any premium or interest on or any Additional Amounts with respect to any Security,
means Dollars or any Foreign Currency in which such payment, deposit or other transfer is required to be made by or pursuant to the terms hereof or such Security and, with respect to any other
payment, deposit or transfer pursuant to or contemplated by the terms hereof or such Security, means Dollars. 

        "CUSIP
number" means the alphanumeric designation assigned to a Security by Standard & Poor's Corporation, CUSIP Service Bureau. 

        "Debt"
means indebtedness for borrowed money. 

        "Defaulted
Interest" has the meaning specified in Section 3.7. 

        "Dollar"
or "$" means a dollar or other equivalent unit of legal tender for payment of public or private debts in the United States of America. 

        "Domestic
Subsidiary" means each present and future Subsidiary of Cintas which is not organized under the laws of a jurisdiction outside of the United States. 

        "EC
Treaty" means the Treaty establishing the European Communities (signed in Rome on 25 March 1957), as amended by the Treaty on European Union, as amended (signed in Maastricht
on 7 February 1992). 

        "EMU"
means European Economic and Monetary Union. 

        "Euro"
each means the lawful currency of the member states of the European Union that adopt the single currency in accordance with the EC Treaty. 

        "Euroclear"
means Euroclear Bank S.A./N.V., as operator of the Euroclear System. 

        "Event
of Default" has the meaning specified in Section 5.1. 

        "Foreign
Currency" means any currency, currency unit or composite currency, including, without limitation, the Euro, issued by the government of one or more countries other than the
United States of America or by any recognized confederation or association of such governments. 

        "Funded
Debt" means Debt having a maturity of more than 12 months from the date as of which the amount thereof is to be determined or having a maturity of less than
12 months but by its terms being renewable or extendible beyond 12 months from such date at the option of the obligor. 

        "Government
Obligations" means securities which are (i) direct obligations of the United States of America or the other government or governments in the confederation which issued
the Foreign Currency in which the principal of or any premium or interest on such Security or any Additional Amounts in respect thereof shall be payable, in each case where the payment or payments
thereunder are supported by the full faith and credit of such government or governments or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of
the United States of America or such other government or governments, in each case where the timely payment or 

4

 

payments thereunder are unconditionally guaranteed as a full faith and credit obligation by the United States of America or such other government or governments, and which, in the case of
(i) or (ii), are not callable or redeemable at the option of the issuer or issuers thereof, and shall also include a depositary 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 or other amount with respect to any such Government Obligation held by such custodian for the account of
the holder of a depositary receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt
from any amount received by the custodian in respect of the Government Obligation or the specific payment of interest on or principal of or other amount with respect to the Government Obligation
evidenced by such depositary receipt. 

        "Guarantee"
or "Guarantees" means the unconditional guarantee of the payment of the principal of or any premium or interest on or any Additional Amounts with respect to the Securities by
each Guarantor, as more fully set forth in Article 16. 

        "Guarantor"
or "Guarantors" means the Parent Guarantor, the Initial Subsidiary Guarantors and any and all Subsequent Subsidiary Guarantors in their capacities as guarantors of the
Securities issued hereunder, until, in each case a successor Person shall have become such pursuant to the applicable provisions of this Indenture and thereafter "Guarantor" shall mean each such
successor Person. 

        "Guarantor's
Board of Directors" means, with respect to any Guarantor, the board of directors of such Guarantor or any committee of that board duly authorized to act generally or in any
particular respect for such Guarantor hereunder. 

        "Guarantor's
Board Resolution" means, with respect to any Guarantor, a copy of one or more resolutions, certified by the Secretary or an Assistant Secretary of such Guarantor to have
been duly adopted by such Guarantor's Board of Directors and to be in full force and effect on the date of such certification, is delivered to the Trustee. 

        "Guarantor's
Officers' Certificate" means, with respect to any Guarantor, a certificate signed by the Chairman, the Chief Executive Officer, the President or a Vice President and by the
Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, of such Guarantor, that complies with the requirements of Section 314(e) of the Trust Indenture Act and is delivered
to the Trustee. 

        "Guarantor
Request" and "Guarantor Order" mean, respectively, a written request or order signed in the name of a Guarantor by the Chairman, the Chief Executive Officer, the President or
a Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, any such Guarantor, and delivered to the Trustee. 

        "Holder",
in the case of any Registered Security, means the Person in whose name such Security is registered in the Security Register and, in the case of any Bearer Security, means the
bearer thereof and, in the case of any Coupon, means the bearer thereof. 

        "Indenture"
means this instrument 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 and, with respect to any Security, by the terms and provisions of such Security and any Coupon appertaining thereto established pursuant to Section 3.1 (as such terms and provisions may
be amended pursuant to the applicable provisions hereof). 

        "Indexed
Security" means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at
original issuance. 

        "Initial
Subsidiary Guarantor" or "Initial Subsidiary Guarantors" means Affirmed Medical, Inc., a California corporation, American First Aid Company, a Maryland corporation,
Cintas Corporation No. 3, a Nevada corporation, Cintas Corp. No. 8, Inc., a Nevada corporation, Cintas Corp.No. 15, Inc. 

5

 

a Nevada corporation, Cintas—RUS, L.P., a Texas limited partnership, Cintas First Aid Holdings Corporation, a Nevada corporation, LLT, Inc., a Virginia Corporation, Respond
Industries, Incorporated, a Colorado corporation, and Xpect First Aid Corporation, a Kansas corporation, as guarantors hereunder, until a successor Person shall have become such pursuant to the
applicable provisions of this Indenture, and thereafter "Initial Subsidiary Guarantor" and "Initial Subsidiary
Guarantors" shall mean each such successor Person. 

        "Interest",
with respect to any Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity and, when used with respect
to a Security which provides for the payment of Additional Amounts pursuant to Section 10.4, includes such Additional Amounts. 

        "Interest
Payment Date", with respect to any Security, means the Stated Maturity of an installment of interest on such Security. 

        "Judgment
Currency" has the meaning specified in Section 1.16. 

        "Legal
Holidays" has the meaning specified in Section 1.14. 

        "Lien"
means and includes any mortgage, pledge, lien, security interest, conditional sale or other title retention agreement or other similar encumbrance. 

        "Maturity",
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 provided in or pursuant to this
Indenture, whether at the Stated Maturity or by declaration of acceleration, notice of redemption or repurchase, notice of option to elect repayment or otherwise, and includes the Redemption Date. 

        "New
York Banking Day" has the meaning specified in Section 1.16. 

        "Office"
or "Agency" with respect to any Securities, means an office or agency of the Company maintained or designated in a Place of Payment for such Securities pursuant to
Section 10.2 or any
other office or agency of the Company maintained or designated for such Securities pursuant to Section 10.2 or, to the extent designated or required by Section 10.2 in lieu of such
office or agency, the Corporate Trust Office of the Trustee. 

        "Officers'
Certificate" means a certificate signed by the Chairman of the Board, the Chief Executive Officer, the President, a Senior Vice President or a Vice President, and by the
Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary of the Company, that complies with the requirements of Section 314(e) of the Trust Indenture Act and is delivered to
the Trustee. 

        "Opinion
of Counsel" means a written opinion of counsel, who may be an employee of or counsel for the Company or other counsel who shall be reasonably acceptable to the Trustee, that, if
required by the Trust Indenture Act, complies with the requirements of Section 314(e) of the Trust Indenture Act. 

        "Original
Issue Discount Security" means a Security issued pursuant to this Indenture which provides for declaration of an amount less than the principal face amount thereof to be due
and payable upon acceleration pursuant to Section 5.2. 

        "Outstanding",
when used with respect to any Securities, means, as of the date of determination, all such Securities theretofore authenticated and delivered under this Indenture, except: 

	(a)
	any
such Security theretofore cancelled by the Trustee or the Security Registrar or delivered to the Trustee or the Security Registrar for cancellation;

	(b)
	any
such Security for whose payment at the Maturity thereof money in the necessary amount has been theretofore deposited pursuant hereto (other than pursuant to Section 4.2
with the Trustee or any Paying Agent (other than the Company or any Guarantor) in trust or set aside 

6

 

and
segregated in trust by the Company or any Guarantor (if the Company shall act as its own, or authorize a Guarantor to act as Paying Agent) for the Holders of such Securities and any Coupons
appertaining thereto, provided 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; 

	(c)
	any
such Security with respect to which the Company or any Guarantor has effected defeasance pursuant to the terms hereof, except to the extent provided in Section 4.2; and

	(d)
	any
such Security which has been paid pursuant to Section 3.6 or in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to this
Indenture, unless there shall have been presented to the Trustee proof satisfactory to it that such Security is held by a bona fide purchaser in whose hands such Security is a valid obligation of the
Company; 

provided,
however, that in determining whether the Holders of the requisite principal amount of Outstanding Securities have given any request, demand, authorization, direction, notice, consent or
waiver hereunder or are present at a meeting of Holders of Securities for quorum purposes, (i) the principal amount of an Original Issue Discount Security that may be counted in making such
determination and that shall be deemed to be Outstanding for such purposes shall be equal to the amount of the principal thereof that pursuant to the terms of such Original Issue Discount Security
would be declared (or shall have been declared to be) due and payable upon a declaration of acceleration thereof pursuant to Section 5.2 at the time of such determination, and (ii) the
principal amount of any Indexed Security that may be counted in making such determination and that shall be deemed Outstanding for such purposes shall be equal to the principal face amount of such
Indexed Security at original issuance, unless otherwise provided in or pursuant to this Indenture, and (iii) the principal amount of a Security denominated in a Foreign Currency shall be the
Dollar equivalent, determined on the date of original issuance of such Security, of the principal amount (or, in the case of an Original Issue Discount Security, the Dollar equivalent on the date of
original issuance of such Security of the amount determined as provided in (i) above) of such Security, and (iv) Securities owned by the Company, any Guarantor or any other obligor upon
the Securities or any Affiliate of the Company, any Guarantor or such other obligor, shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be
protected in making any such determination or relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Securities which a Responsible Officer of the Trustee
actually knows to be so owned shall be so disregarded. Securities so owned which shall have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of
the Trustee (A) the pledgee's right so to act with respect to such Securities and (B) that the pledgee is not the Company, any Guarantor or any other obligor upon the Securities or any
Coupons appertaining thereto or an Affiliate of the Company, any Guarantor or such other obligor. 

        "Parent
Guarantor" means Cintas Corporation, a Washington corporation, as guarantor hereunder, until a successor Person shall have become such pursuant to the applicable provisions of
this Indenture, and thereafter "Parent Guarantor" shall mean such successor Person. 

        "Paying
Agent" means any Person authorized by the Company to pay the principal of, or any premium or interest on, or any Additional Amounts with respect to, any Security or any Coupon on
behalf of the Company. 

7

  

        "Permitted Liens" has the meaning specified in Section 10.5. 

        "Person"
means any individual, Corporation, partnership, association, joint venture, trust, or any other entity or organization, including government or political subdivision or an
agency or instrumentality thereof. 

        "Place
of Payment", with respect to any Security, means the place or places where the principal of, or any premium or interest on, or any Additional Amounts with respect to such Security
are payable as provided in or pursuant to this Indenture or such Security. 

        "Predecessor
Security" of any particular Security means every previous Security evidencing all or a portion of the same Debt as that evidenced by such particular Security; and, for the
purposes of this definition, any Security authenticated and delivered under Section 3.6 in exchange for or in lieu of a lost, destroyed, mutilated or stolen Security or any Security to which a
mutilated, destroyed, lost or stolen Coupon appertains shall be deemed to evidence the same Debt as the lost, destroyed, mutilated or stolen Security or the Security to which a mutilated, destroyed,
lost or stolen Coupon appertains. 

        "Principal
Property" means, whether owned or leased on the date of the indenture or thereafter acquired, each manufacturing or processing plant or facility of the Company, any Guarantor
or any of their respective Subsidiaries located in the United States of America. 

        "Redemption
Date", with respect to any Security or portion thereof to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture or such Security. 

        "Redemption
Price", with respect to any Security or portion thereof to be redeemed, means the price at which it is to be redeemed as determined by or pursuant to this Indenture or such
Security. 

        "Registered
Security" means any Security established pursuant to Section 2.1 which is registered in a Security Register. 

        "Regular
Record Date" for the interest payable on any Registered Security on any Interest Payment Date therefor means the date, if any, specified in or pursuant to this Indenture or such
Security as the "Regular Record Date". 

        "Required
Currency" has the meaning specified in Section 1.16. 

        "Responsible
Officer" means with respect to the Trustee any officer assigned by the Trustee to administer corporate trust matters and also means, with respect to a particular corporate
trust matter, any other officer to whom such matter is referred because of his or her knowledge of and familiarity with the particular subject. 

        "Security"
or "Securities" means any note or notes, bond or bonds, debenture or debentures, or any other evidences of Debt, as the case may be, authenticated and delivered under this
Indenture; provided, however, that, if at any time there is more than one Person acting as Trustee under this Indenture, "Securities", with respect to any such Person, shall mean Securities
authenticated and delivered under this Indenture, exclusive, however, of Securities of any series as to which such Person is not Trustee. 

        "Security
Register" or "Security Registrar" have the respective meanings specified in Section 3.5. 

        "Significant
Subsidiary", means at any date of determination, any Subsidiary of the Parent Guarantor that, together with its Subsidiaries, (i) for the most recent fiscal quarter
of the Parent Guarantor, accounted for more than 15% of the consolidated revenues of the Parent Guarantor and its Subsidiaries or (ii) as of the end of such fiscal quarter, was the owner of
more than 25% of the consolidated assets of the Parent Guarantor. 

        "Significant
Subsidiary Guarantor" means each Subsidiary Guarantor that is a Significant Subsidiary. 

8

 

        "Special
Record Date" for the payment of any Defaulted Interest on any Registered Security means a date fixed by the Company pursuant to Section 3.7. 

        "Stated
Maturity", with respect to any Security or any installment of principal thereof or interest thereon or any Additional Amounts with respect thereto, means the date established by
or pursuant to this Indenture or such Security as the fixed date on which the principal of such Security or such installment of principal or interest is, or such Additional Amounts are, due and
payable. 

        "Subsequent
Subsidiary Guarantor" means (i) any Person that after the date hereof becomes both a direct or indirect wholly-owned Domestic Subsidiary and a Significant Subsidiary
of the Parent Guarantor and (ii) any other Subsidiary of the Parent Guarantor that after the date hereof becomes a guarantor under any of the Credit Agreements, until a successor Person shall
have become such pursuant to the applicable provisions of this Indenture, and thereafter "Subsequent Subsidiary Guarantor" and "Subsequent Subsidiary Guarantors" shall mean each such successor Person. 

        "Subsidiary"
of any Person means any corporation, limited liability company or other business entity of which more than 50% of the total voting power of the equity interests entitled
(without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof or any partnership of which more than 50% of the partnership interests
(considering all general and limited partnership interests as a single class) is, in each case, at the time owned or controlled, directly or indirectly, by such Person, one or more of the Subsidiaries
of such Person, or combination thereof. 

        "Subsidiary
Guarantor" or "Subsidiary Guarantors" means, subject to Section 16.3, the Initial Subsidiary Guarantors and any and all Subsequent Subsidiary Guarantors in their
capacities as guarantors of the Securities issued hereunder. 

        "Trust
Indenture Act" means the Trust Indenture Act of 1939, as amended, and any reference herein to the Trust Indenture Act or a particular provision thereof shall mean such Act or
provision, as the case may be, as amended or replaced from time to time or as supplemented from time to time by rules or regulations adopted by the Commission under or in furtherance of the purposes
of such Act or provision, as the case may be. 

        "Trustee"
means the Person named as the "Trustee" in the first paragraph of this instrument until a successor Trustee shall have become such with respect to one or more series of
Securities pursuant to the applicable provisions of this Indenture, and thereafter "Trustee" shall mean each Person who is then a Trustee hereunder; provided, however, that if at any time there is
more than one such Person, "Trustee" shall mean each such Person and as used with respect to the Securities of any series shall mean the Trustee with respect to the Securities of such series. 

        "United
States", except as otherwise provided in or pursuant to this Indenture or any Security, means the United States of America (including the states thereof and the District of
Columbia), its territories and possessions and other areas subject to its jurisdiction. 

        "U.S.
Depository" or "Depository" means, with respect to any Security issuable or issued in the form of one or more global Securities, the Person designated as U.S. Depository by the
Company in or pursuant to this Indenture, which Person must be, to the extent required by applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as
amended, and, if so provided with respect to any Security, any successor to such Person. If at any time there is more than one such Person, "U.S. Depository" shall mean, with respect to any
Securities, the qualifying entity which has been appointed with respect to such Securities. 

        "U.S.
Alien", except as otherwise provided in or pursuant to this Indenture or any Security, means any Person who, for United States Federal income tax purposes, is a foreign
corporation, a non-resident alien individual, a non-resident alien fiduciary of a foreign estate or trust, or a foreign partnership one or more of the members of which is, for
United States Federal income tax purposes, a 

9

 

foreign corporation, a non-resident alien individual or a non-resident alien fiduciary of a foreign estate or trust. 

        "Vice
President", when used with respect to the Company, a Guarantor or 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 1.2    Compliance Certificates and Opinions.    

        Except
as otherwise expressly provided in this Indenture, upon any application or request by the Company or any Guarantor to the Trustee to take any action under any provision of this
Indenture, the Company or such Guarantor, as the case may be, shall furnish to the Trustee an Officers' Certificate or a Guarantor's Officer's Certificate, as the case may be, stating that all
conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating 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 as to which the furnishing of such documents or any of them is specifically required
by any 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 shall include: 

        (1)  a
statement that each individual signing such certificate or opinion has read such condition or covenant 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 condition or covenant 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 1.3    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 any Guarantor may be based, insofar as it relates to legal matters, upon an Opinion of Counsel, provided that such officer,
after reasonable inquiry, has no reason to believe and does not believe that the Opinion of Counsel with respect to the matters upon which his certificate or opinion is based is erroneous. Any such
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 a Guarantor stating that
the information with respect to such factual matters is in the possession of the Company or such Guarantor, as the case may be, provided that such counsel, after reasonable inquiry, has no reason to
believe and does not believe 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 or any
Security, they may, but need not, be consolidated and form one instrument. 

10

 

        Section 1.4    Acts of Holders.    

        (1)  Any
request, demand, authorization, direction, notice, consent, waiver or other action provided by or pursuant to 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 an agent duly appointed in writing. If, but only if, Securities of a series
are issuable as Bearer Securities, any request, demand, authorization, direction, notice, consent, waiver or other action provided in or pursuant to this Indenture to be given or taken by Holders of
Securities of such series may, alternatively, be embodied in and evidenced by the record of Holders of Securities of such series voting in favor thereof, either in person or by proxies duly appointed
in writing, at any meeting of Holders of Securities of such series duly called and held in accordance with the provisions of Article Fifteen, or a combination of such instruments and any such record.
Except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments or record or both are delivered to the Trustee and, where it is hereby expressly
required, to the Company and the Guarantors. Such instrument or instruments and any such record (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of
the Holders signing such instrument or instruments or so voting at any such meeting. Proof of execution of any such instrument or of a writing appointing any such agent, or of the holding by any
Person of a Security, shall be sufficient for any purpose of this Indenture and (subject to Section 315 of the Trust Indenture Act) conclusive in favor of the Trustee and the Company and the
Guarantors and any agent of the Trustee or the Company and the Guarantors, if made in the manner provided in this Section. The record of any meeting of Holders of Securities shall be proved in the
manner provided in Section 15.6. 

        Without
limiting the generality of this Section 1.4, unless otherwise provided in or pursuant to this Indenture, a Holder, including a U.S. Depository that is a Holder of a global
Security, may make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other Act provided in or pursuant to this
Indenture to be made, given or taken by Holders, and a U.S. Depository that is a Holder of a global Security may provide its proxy or proxies to the beneficial owners of interests in any such global
Security through such U.S. Depository's standing instructions and customary practices. 

        The
Company shall fix a record date for the purpose of determining the Persons who are beneficial owners of interest in any permanent global Security held by a U.S. Depository entitled
under the procedures of such U.S. Depository to make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other Act
provided in or pursuant to this Indenture to be made, given or taken by Holders. If such a record date is fixed, the Holders on such record date or their duly appointed proxy or proxies, and only such
Persons, shall be entitled to make, give or take such request, demand, authorization, direction, notice, consent, waiver or other Act, whether or not such Holders remain Holders after such record
date. No such request, demand, authorization, direction, notice, consent, waiver or other Act shall be valid or effective if made, given or taken more than 90 days after such record date. 

        (2)  The
fact and date of the execution by any Person of any such instrument or writing referred to in this Section 1.4 may be proved in any reasonable manner; and the
Trustee may in any instance reasonably require further proof with respect to any of the matters referred to in this Section. 

        (3)  The
ownership, principal amount and serial numbers of Registered Securities held by any Person, and the date of the commencement and the date of the termination of
holding the same, shall be proved by the Security Register. 

        (4)  The
ownership, principal amount and serial numbers of Bearer Securities held by any Person, and the date of the commencement and the date of the termination of holding
the same, may be proved by the production of such Bearer Securities or by a certificate executed, as depositary, by any trust company, bank, banker or other depositary reasonably acceptable to the
Company and the 

11

 

Guarantors, wherever situated, if such certificate shall be deemed by the Company and the Trustee to be satisfactory, showing that at the date therein mentioned such Person had on deposit with such
depositary, or exhibited to it, the Bearer Securities therein described; or such facts may be proved by the certificate or affidavit of the Person holding such Bearer Securities, if such certificate
or affidavit is deemed by the Trustee to be satisfactory. The Trustee, the Guarantors and the Company may assume that such ownership of any Bearer Security continues until (i) another
certificate or affidavit bearing a later date issued in respect of the same Bearer Security is produced, or (ii) such Bearer Security is produced to the Trustee by some other Person, or
(iii) such Bearer Security is surrendered in exchange for a Registered Security, or (iv) such Bearer Security is no longer Outstanding. The ownership, principal amount and serial numbers
of Bearer Securities held by the Person so executing such instrument or writing and the date of the commencement and the date of the termination of holding the same may also be proved in any other
manner which the Company and the Trustee deem sufficient. 

        (5)  If
the Company or any Guarantor shall solicit from the Holders of any Registered Securities any request, demand, authorization, direction, notice, consent, waiver or
other Act, the Company or such Guarantor, as the case may be, may at its option (but is not obligated to), by Board Resolution or Guarantor's Board Resolution, as the case may be, fix in advance a
record date for the determination of Holders of Registered Securities entitled to give such request, demand, authorization, direction, notice, consent, waiver or other Act. If such a record date is
fixed, such request, demand, authorization, direction, notice, consent, waiver or other Act may be given before or after such record date, but only the Holders of Registered Securities of record at
the close of business on such record date shall be deemed to be Holders for the purpose of determining whether Holders of the requisite proportion of Outstanding Securities have authorized or agreed
or consented to such request, demand, authorization, direction, notice, consent, waiver or other Act, and for that purpose the Outstanding Securities shall be computed as of such record date; provided
that no such authorization, agreement or consent by the Holders of Registered Securities shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not
later than six months after the record date. 

        (6)  Any
request, demand, authorization, direction, notice, consent, waiver or other Act by 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 or suffered to be done by the Trustee, any Security
Registrar, any Paying Agent, any Guarantor or the Company in reliance thereon, whether or not notation of such Act is made upon such Security. 

        Section 1.5    Notices, etc. to Trustee and Company and Guarantors.    

        Any
request, demand, authorization, direction, notice, consent, waiver or other 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, any Guarantor or the Company shall be sufficient for every purpose hereunder if made, given, furnished or filed in writing and delivered in
person or mailed by certified or registered mail, return receipt requested to or with the Trustee at its Corporate Trust Office, or 

        (2)  the
Company or any Guarantor by the Trustee or any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if in writing and
mailed, first-class postage prepaid, to the Company or the Parent Guarantor, as the case may be, addressed to the attention of its Treasurer, with a copy to the attention of its General Counsel, at
the address of its principal office specified in the first paragraph of this instrument or at any other address previously furnished in writing to the Trustee by the Company or the Guarantor, as the
case may be. 

12

 

        Section 1.6    Notice to Holders of Securities; Waiver.    

        Except
as otherwise expressly provided in or pursuant to this Indenture, where this Indenture provides for notice to Holders of Securities of any event, 

        (1)  such
notice shall be sufficiently given to Holders of Registered Securities if in writing and mailed, first-class postage prepaid, to each Holder of a Registered
Security affected by such event, at his address as it appears in the Security Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such
notice; and 

        (2)  such
notice shall be sufficiently given to Holders of Bearer Securities, if any, if published in an Authorized Newspaper in The City of New York and, if such Securities
are then listed on any stock exchange outside the United States, in an Authorized Newspaper in such city as the Company shall advise the Trustee that such stock exchange so requires, on a Business Day
at least twice, the first such publication to be not earlier than the earliest date and the second such publication not later than the latest date prescribed for the giving of such notice. 

        In
any case where notice to Holders of Registered Securities is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder
of a Registered Security shall affect the sufficiency of such notice with respect to other Holders of Registered Securities or the sufficiency of any notice to Holders of Bearer Securities given as
provided herein. Any notice which is mailed in the manner herein provided shall be conclusively presumed to have been duly given or provided. In the 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. 

        In
case by reason of the suspension of publication of any Authorized Newspaper or Authorized Newspapers or by reason of any other cause it shall be impracticable to publish any notice to
Holders of Bearers Securities as provided above, then such notification to Holders of Bearer Securities as shall be given with the approval of the Trustee shall constitute sufficient notice to such
Holders for every purpose hereunder. Neither failure to give notice by publication to Holders of Bearer Securities as provided above, nor any defect in any notice so published, shall affect the
sufficiency of any notice mailed to Holders of Registered Securities as provided above. 

        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 of Securities 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. 

        Section 1.7    Language of Notices.    

        Any
request, demand, authorization, direction, notice, consent, election or waiver required or permitted under this Indenture shall be in the English language, except that, if the
Company or the Guarantor, as the case may be, so elects, any published notice may be in an official language of the country of publication. 

        Section 1.8    Conflict with Trust Indenture Act.    

        If
any provision hereof limits, qualifies or conflicts with any duties under any required provision of the Trust Indenture Act, such required provision shall control. 

        Section 1.9    Effect of Headings and Table of Contents.    

        The
Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof. 

13

 

        Section 1.10    Successors and Assigns.    

        All
covenants and agreements in this Indenture by the Company and the Guarantors shall bind their respective successors and assigns, whether so expressed or not. 

        Section 1.11    Separability Clause.    

        In
case any provision in this Indenture, any Security or any Coupon 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 1.12    Benefits of Indenture.    

        Nothing
in this Indenture, any Security or any Coupon, express or implied, shall give to any Person, other than the parties hereto, any Security Registrar, any Paying Agent, any
Authenticating Agent and their successors hereunder and the Holders of Securities or Coupons, any benefit or any legal or equitable right, remedy or claim under this Indenture. 

        Section 1.13    Governing Law.    

        Pursuant
to New York General Obligations Law 5-1401, this Indenture, the Securities and any Coupons shall be governed by and construed in accordance with the laws of the
State of New York applicable to agreements made or instruments entered into and, in each case, performed in said state. 

        Section 1.14    Legal Holidays.    

        Unless
otherwise specified in or pursuant to this Indenture or any Securities, in any case where any Interest Payment Date, Stated Maturity or Maturity of any Security shall be a Legal
Holiday at any Place of Payment, then (notwithstanding any other provision of this Indenture, any Security or any Coupon other than a provision in any Security or Coupon that specifically states that
such provision shall apply in lieu hereof) payment need not be made at such Place of Payment on such date, but such payment may be made on the next succeeding day that is a Business Day at such Place
of Payment with the same force and effect as if made on the Interest Payment Date or at the Stated Maturity or Maturity, and no interest shall accrue on the amount payable on such date or at such time
for the period from and after such Interest Payment Date, Stated Maturity or Maturity, as the case may be, to such next succeeding Business Day. 

        Section 1.15    Counterparts.    

        This
Indenture may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. 

        Section 1.16    Judgment Currency.    

        The
Company and the Guarantors agree, jointly and severally, to the fullest extent that they may effectively do so under applicable law, that (a) if for the purpose of obtaining
judgment in any court it is necessary to convert the sum due in respect of the principal of, or premium or interest, if any, or Additional Amounts on the Securities of any series (the "Required
Currency") into a currency in which a judgment will be rendered (the "Judgment Currency"), the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee
could purchase in The City of New York the requisite amount of the Required Currency with the Judgment Currency on the New York Banking Day preceding the day on which a final unappealable judgment is
given and (b) their respective obligations under this Indenture to make payments in the Required Currency (i) shall not be discharged or satisfied by any tender, or any recovery pursuant
to any judgment (whether or not entered in accordance with clause (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the
actual receipt, by the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii) shall be 

14

 

enforceable as an alternative or additional cause of action for the purpose of recovering in the Required Currency the amount, if any, by which such actual receipt shall fall short of the full amount
of the Required Currency so expressed to be payable and (iii) shall not be affected by judgment being obtained for any other sum due under this Indenture. For purposes of the foregoing, "New
York Banking Day" means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law,
regulation or executive order to be closed. 

        Section 1.17    No Security Interest Created.    

        Subject
to the provisions of Section 10.5, nothing in this Indenture or in any Securities, express or implied, shall be construed to constitute a security interest under the
Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect in any jurisdiction where property of the Company, the Parent Guarantor or its Subsidiaries is or may be
located. 

        Section 1.18    Limitation on Individual Liability.    

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

 
 

ARTICLE 2    
    
    SECURITIES FORMS    
  

        Section 2.1    Forms Generally.    

        Each
Registered Security, Bearer Security, Coupon and temporary or permanent global Security issued pursuant to this Indenture shall be in the form established by or pursuant to a Board
Resolution or in one or more indentures supplemental hereto, shall have such appropriate insertions, omissions,
substitutions and other variations as are required or permitted by or pursuant to this Indenture or any indenture supplemental hereto and may have such letters, numbers or other marks of
identification and such legends or endorsements placed thereon as may, consistently herewith, be determined by the officers executing such Security or Coupon as evidenced by their execution of such
Security or Coupon. 

        Unless
otherwise provided in or pursuant to this Indenture or any Securities, the Securities shall be issuable in registered form without Coupons and shall not be issuable upon the
exercise of warrants. 

        Definitive
Securities and definitive Coupons shall be printed in any such manner as determined by the officers of the Company executing such Securities or Coupons, as evidenced by their
execution of such Securities or Coupons. 

15

  

        Section 2.2    Form of Trustee's Certificate of Authentication.    

        Subject
to Section 6.11, the Trustee's certificate of authentication shall be in substantially the following form: 

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

	 	 	WACHOVIA BANK, NATIONAL ASSOCIATION,

        as Trustee
	

 	
 	

By:	

 
	 	 	 	
 Authorized Signatory

        Section 2.3    Securities in Global Form.    

        Unless
otherwise provided in or pursuant to this Indenture or any Securities, the Securities shall be issuable in temporary or permanent global form. If Securities of a series shall be
issuable in global form, any such Security may provide that it or any number of such Securities shall represent the aggregate amount of all Outstanding Securities of such series (or such lesser amount
as is permitted by the terms thereof) from time to time endorsed thereon and may also provide that the aggregate amount of Outstanding Securities represented thereby may from time to time be increased
or reduced to reflect exchanges. Any endorsement of any Security in global form to reflect the amount, or any increase or decrease in the amount, or changes in the rights of Holders, of Outstanding
Securities represented thereby shall be made in such manner and by such Person or Persons as shall be specified therein or in the Company Order to be delivered pursuant to Section 3.3 or 3.4
with respect thereto.
Subject to the provisions of Section 3.3 and, if applicable, Section 3.4, the Trustee shall deliver and redeliver, in each case at the Company's expense, any Security in permanent global
form in the manner and upon instructions given by the Person or Persons specified therein or in the applicable Company Order. If a Company Order pursuant to Section 3.3 or 3.4 has been, or
simultaneously is, delivered, any instructions by the Company with respect to a Security in global form shall be in writing but need not be accompanied by or contained in an Officers' Certificate and
need not be accompanied by an Opinion of Counsel. 

        Notwithstanding
the provisions of Section 3.7, unless otherwise specified in or pursuant to this Indenture or any Securities, payment of principal of, any premium and interest on,
and any Additional Amounts in respect of, any Security in temporary or permanent global form shall be made to the Person or Persons specified therein. 

        Notwithstanding
the provisions of Section 3.8 and except as provided in the preceding paragraph, the Company, the Trustee and any agent of the Company or the Trustee shall treat
as the Holder of such principal amount of Outstanding Securities represented by a global Security (i) in the case of a global Security in registered form, the Holder of such global Security in
registered form, or (ii) in the case of a global Security in bearer form, the Person or Persons specified pursuant to Section 3.1. 

 
 

ARTICLE 3    
    
    THE SECURITIES    
  

        Section 3.1    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. 

16

 

        With
respect to any Securities to be authenticated and delivered hereunder, there shall be established in or pursuant to a Board Resolution and set forth in an Officers' Certificate, or
established in one or more indentures supplemental hereto, 

        (1)  the
title of such Securities and the series in which such Securities shall be included; 

        (2)  any
limit upon the aggregate principal amount of the Securities of such title or the Securities of such 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 such series pursuant to Section 3.4, 3.5,
3.6, 9.5 or 11.7 or upon repayment in part of any Registered Security of such series pursuant to Article Thirteen); 

        (3)  if
such Securities are to be issuable as Registered Securities, as Bearer Securities or alternatively as Bearer Securities and Registered Securities, and whether the
Bearer Securities are to be issuable with Coupons, without Coupons or both, and any restrictions applicable to the offer, sale or delivery of the Bearer Securities and the terms, if any, upon which
Bearer Securities may be exchanged for Registered Securities and vice versa; 

        (4)  if
any of such Securities are to be issuable in global form, when any of such Securities are to be issuable in global form and (i) whether such Securities are to
be issued in temporary or permanent global form or both, (ii) whether beneficial owners of interests in any such global Security may exchange such interests for Securities of the same series
and of like tenor and of any authorized form and denomination, and the circumstances under which any such exchanges may occur, if other than in the manner specified in Section 3.5, and
(iii) the name of the Depository and/or the U.S. Depository, as the case may be, with respect to any such global Security; 

        (5)  if
any of such Securities are to be issuable as Bearer Securities or in global form, the date as of which any such Bearer Security or global Security shall be dated (if
other than the date of original issuance of the first of such Securities to be issued); 

        (6)  if
any of such Securities are to be issuable as Bearer Securities, whether interest in respect of any portion of a temporary Bearer Security in global form payable in
respect of an Interest Payment Date therefor prior to the exchange, if any, of such temporary Bearer Security for definitive Securities shall be paid to any clearing organization with respect to the
portion of such temporary Bearer Security held for its account and, in such event, the terms and conditions (including any certification requirements) upon which any such interest payment received by
a clearing organization will be credited to the Persons entitled to interest payable on such Interest Payment Date; 

        (7)  the
date or dates, or the method or methods, if any, by which such date or dates shall be determined, on which the principal of such Securities is payable; 

        (8)  the
rate or rates at which such Securities shall bear interest, if any, or the method or methods, if any, by which such rate or rates are to be determined, the date or
dates, if any, from which such interest shall accrue or the method or methods, if any, by which such date or dates are to be determined, the Interest Payment Dates, if any, on which such interest
shall be payable and the Regular Record Date, if any, for the interest payable on Registered Securities on any Interest Payment Date, whether and under what circumstances Additional Amounts on such
Securities or any of them shall be payable, the notice, if any, to Holders regarding the determination of interest on a floating rate Security and the manner of giving such notice, and the basis upon
which interest shall be calculated if other than that of a 360-day year of twelve 30-day months; 

        (9)  if
in addition to or other than the Borough of Manhattan, The City of New York, the place or places where the principal of, any premium and interest on or any Additional
Amounts with respect to such Securities shall be payable, any of such Securities that are Registered 

17

 

Securities may be surrendered for registration of transfer or exchange, any of such Securities may be surrendered for conversion or exchange and notices or demands to or upon the Company in respect
of such Securities and this Indenture may be served, the extent to which, or the manner in which, any interest payment or Additional Amounts on a global Security on an Interest Payment Date, will be
paid and the manner in which any principal of or premium, if any, on any global Security will be paid; 

        (10) whether
any of such Securities are to be redeemable at the option of the Company and, if so, the date or dates on which, the period or periods within which, the price
or prices at which and the other terms and conditions upon which such Securities may be redeemed, in whole or in part, at the option of the Company; 

        (11) whether
the Company is obligated to redeem or purchase any of such Securities pursuant to any sinking fund or analogous provision or at the option of any Holder thereof
and, if so, the date or dates on which, the period or periods within which, the price or prices at which and the other terms and conditions upon which such Securities shall be redeemed or purchased,
in whole or in part, pursuant to such obligation, and any provisions for the remarketing of such Securities so redeemed or purchased; 

        (12) the
denominations in which any of such Securities that are Registered Securities shall be issuable if other than denominations of $1,000 and any integral multiple
thereof, and the denominations in which any of such Securities that are Bearer Securities shall be issuable if other than the denomination of $5,000; 

        (13) if
other than the principal amount thereof, the portion of the principal amount of any of such Securities that shall be payable upon declaration of acceleration of the
Maturity thereof pursuant to Section 5.2 or the method by which such portion is to be determined; 

        (14) if
other than Dollars, the Foreign Currency in which payment of the principal of, any premium or interest on or any Additional Amounts with respect to any of such
Securities shall be payable; 

        (15) if
the principal of, any premium or interest on or any Additional Amounts with respect to any of such Securities are to be payable, at the election of the Company or a
Holder thereof or otherwise, in Dollars or in a Foreign Currency other than that in which such Securities are stated to be payable, the date or dates on which, the period or periods within which, and
the other terms and conditions upon which, such election may be made, and the time and manner of determining the exchange rate between the Currency in which such Securities are stated to be payable
and the Currency in which such Securities or any of them are to be paid pursuant to such election, and any deletions from or modifications of or additions to the terms of this Indenture to provide for
or to facilitate the issuance of Securities denominated or payable, at the election of the Company or a Holder thereof or otherwise, in a Foreign Currency; 

        (16) whether
the amount of payments of principal of, any premium or interest on or any Additional Amounts with respect to such Securities may be determined with reference to
an index, formula or other method or methods (which index, formula or method or methods may be based, without limitation, on one or more Currencies, commodities, equity securities, equity indices or
other indices), and, if so, the terms and conditions upon which and the manner in which such amounts shall be determined and paid or payable; 

        (17) any
deletions from, modifications of or additions to the Events of Default or covenants of the Company or the Guarantors with respect to any of such Securities, whether
or not such Events of Default or covenants are consistent with the Events of Default or covenants set forth herein; 

18

 

        (18) whether
either or both of Section 4.2(2) relating to defeasance or Section 4.2(3) relating to covenant defeasance shall not be applicable to the
Securities of such series, or any covenants in addition to those specified in Section 4.2(3) relating to the Securities of such series which shall be subject to covenant of defeasance, and any
deletions from, or modifications or additions to, the provisions of Article Four in respect of the Securities of such series; 

        (19) whether
any of such Securities are to be issuable upon the exercise of warrants, and the time, manner and place for such Securities to be authenticated and delivered; 

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

        (21) if
there is more than one Trustee, the identity of the Trustee and, if not the Trustee, the identity of each Security Registrar, Paying Agent or Authenticating Agent
with respect to such Securities; 

        (22) any
transfer restrictions applicable to the Securities of the series; and 

        (23) any
other terms of such Securities and any other deletions from or modifications or additions to this Indenture in respect of such Securities. 

        All
Securities of any one series and all Coupons, if any, appertaining to Bearer Securities of such series shall be substantially identical except as to Currency of payments due
thereunder, denomination and the rate of interest thereon, or method of determining the rate of interest, if any, Maturity, and the date from which interest, if any, shall accrue and except as may
otherwise be provided by the Company in or pursuant to the Board Resolution and set forth in the Officers' Certificate or in any indenture or indentures supplemental hereto pertaining to such series
of Securities. The terms of the Securities of any series may provide, without limitation, that the Securities shall be authenticated and delivered by the Trustee on original issue from time to time
upon written order of persons designated in the Officers' Certificate or supplemental indenture and that such persons are authorized to determine, consistent with such Officers' Certificate or any
applicable supplemental indenture, such terms and conditions of the Securities of such series as are specified in such Officers' Certificate or supplemental indenture. All Securities of any one series
need not be issued at the same time and, unless otherwise so provided, a series may be reopened for issuances of additional Securities of such series or to establish additional terms of such series of
Securities. 

        If
any of the terms of the Securities of any series shall be established by action taken by or pursuant to a Board Resolution, the Board Resolution shall be delivered to the Trustee at
or prior to the delivery of the Officers' Certificate setting forth the terms of such series. 

        Section 3.2    Currency; Denominations.    

        Unless
otherwise provided in or pursuant to this Indenture, the principal of, any premium and interest on and any Additional Amounts with respect to the Securities shall be payable in
Dollars. Unless otherwise provided in or pursuant to this Indenture, Registered Securities denominated in Dollars shall be issuable in registered form without Coupons in denominations of $1,000 and
any integral multiple thereof, and the Bearer Securities denominated in Dollars shall be issuable in the denomination of $5,000. Securities not denominated in Dollars shall be issuable in such
denominations as are established with respect to such Securities in or pursuant to this Indenture. 

        Section 3.3    Execution, Authentication, Delivery and Dating.    

        Securities
shall be executed on behalf of the Company by its Chairman of the Board, a Vice Chairman, its Chief Executive Officer, its President, a Senior Vice President or a Vice
President under 

19

 

its corporate seal reproduced thereon and attested by its Secretary or one of its Assistant Secretaries. Coupons shall be executed on behalf of the Company by its Chairman of the Board, a Vice
Chairman, its Chief Executive Officer, its President, its Treasurer, a Senior Vice President or a Vice President the Treasurer or any Assistant Treasurer of the Company. The signature of any of these
officers on the Securities or any Coupons appertaining thereto may be manual or facsimile. 

        Securities
and any Coupons appertaining thereto bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Company shall bind the Company,
notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities and Coupons or did not hold such offices at the date
of original issuance of such Securities or Coupons. 

        At
any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities, together with any Coupons appertaining thereto, executed by the
Company, to the Trustee for authentication and, provided that the Board Resolution and Officers' Certificate or supplemental indenture or indentures with respect to such Securities referred to in
Section 3.1 and a Company Order for the authentication and delivery of such Securities have been delivered to the Trustee, the Trustee in accordance with the Company Order and subject to the
provisions hereof and of such Securities shall authenticate and deliver such Securities. In authenticating such Securities, and accepting the additional responsibilities under this Indenture in
relation to such Securities and any Coupons appertaining thereto, the Trustee shall be entitled to receive, and (subject to Sections 315(a) through 315(d) of the Trust Indenture Act) shall be fully
protected in relying upon, 

        (1)  an
Opinion of Counsel to the effect that: 

        (a)  the
form or forms and terms of such Securities and Coupons, if any, have been established in conformity with the provisions of this Indenture; 

        (b)  all
conditions precedent to the authentication and delivery of such Securities and Coupons, if any, appertaining thereto, have been complied with and that such
Securities and Coupons, when completed by appropriate insertions, executed under the Company's corporate seal and attested by duly authorized officers of the Company, delivered by duly authorized
officers of the Company to the Trustee for authentication pursuant to this Indenture, and 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 legally valid and binding obligations of the Company, enforceable against the Company in
accordance with their terms, except as enforcement thereof may be subject to or limited by bankruptcy, insolvency, reorganization, moratorium, arrangement, fraudulent conveyance, fraudulent transfer
or other similar laws relating to or affecting creditors' rights generally, and subject to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at
law) and will entitle the Holders thereof to the benefits of this Indenture, including the Guarantee; such Opinion of Counsel need express no opinion as to the availability of equitable remedies; and 

        (c)  all
laws and requirements in respect of the execution and delivery by the Company of such Securities and Coupons, if any, have been complied with; 

and,
to the extent that this Indenture is required to be qualified under the Trust Indenture Act in connection with the issuance of such Securities, to the further effect that: 

        (d)  this
Indenture has been qualified under the Trust Indenture Act; and 

        (2)  an
Officers' Certificate and a Guarantor's Officer's Certificate in each case stating that all conditions precedent to the execution, authentication and delivery of such
Securities and Coupons, if any, appertaining thereto, have been complied with and that, to the best knowledge of the 

20

 

Persons executing such certificate, no event which is, or after notice or lapse of time would become, an Event of Default with respect to any of the Securities shall have occurred and be continuing. 

        If
all the Securities of any series are not to be issued at one time, it shall not be necessary to deliver an Opinion of Counsel and an Officers' Certificate at the time of issuance of
each Security, but such opinion and certificate, with appropriate modifications, shall be delivered at or before the time of issuance of the first Security of such series. After any such first
delivery, any separate written request by an Authorized Officer of the Company that the Trustee authenticate and deliver Securities of such series for original issue will be deemed to be a
certification by the Company that all conditions precedent provided for in this Indenture relating to authentication and delivery of such Securities continue to have been complied with. 

        The
Trustee shall not be required to authenticate or to cause an Authenticating Agent to authenticate any Securities if the issue of such Securities pursuant to this Indenture will
affect the Trustee's own rights, duties or immunities, as Trustee under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee or if the Trustee,
being advised by counsel, determines that such action may not lawfully be taken. 

        Each
Registered Security shall be dated the date of its authentication. Each Bearer Security and any Bearer Security in global form shall be dated as of the date specified in or pursuant
to this Indenture. 

        No
Security or Coupon appertaining thereto 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 in Section 2.2 or 6.11 executed by or on behalf of the Trustee or by the Authenticating Agent by the manual signature of one
of its authorized officers. Such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder. Except as
permitted by Section 3.6 or 3.7, the Trustee shall not authenticate and deliver any Bearer Security unless all Coupons appertaining thereto then matured have been detached and cancelled. 

        Section 3.4    Temporary Securities.    

        Pending
the preparation of definitive Securities, the Company may execute and deliver to the Trustee and, upon Company Order, the Trustee shall authenticate and deliver, in the manner
provided in Section 3.3, temporary Securities in lieu thereof which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of
the tenor of the definitive Securities in lieu of which they are issued, in registered form or, if authorized in or pursuant to this Indenture, in bearer form with one or more Coupons or without
Coupons and with such appropriate insertions, omissions, substitutions and other variations as the officers of the Company executing such Securities may determine, as conclusively evidenced by their
execution of such Securities. Such temporary Securities may be in global form. 

        Except
in the case of temporary Securities in global form, which shall be exchanged in accordance with the provisions thereof, if temporary Securities are issued, the Company shall cause
definitive Securities to be prepared without unreasonable delay. After the preparation of definitive Securities of the same series and containing terms and provisions that are identical to those of
any temporary Securities, such temporary Securities shall be exchangeable for such definitive Securities upon surrender of such temporary Securities at an Office or Agency for such Securities, without
charge to any Holder thereof. Upon surrender for cancellation of any one or more temporary Securities (accompanied by any unmatured Coupons appertaining thereto), the Company shall execute and the
Trustee shall authenticate and deliver in exchange therefor a like principal amount of definitive Securities of authorized denominations of the same series and containing identical terms and
provisions; provided, 

21

 

however, that no definitive Bearer Security, except as provided in or pursuant to this Indenture, shall be delivered in exchange for a temporary Registered Security; and provided, further, that a
definitive Bearer Security shall be delivered in exchange for a temporary Bearer Security only in compliance with the conditions set forth in or pursuant to this Indenture. Unless otherwise provided
in or pursuant to this Indenture with respect to a temporary global Security, 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. 

        Section 3.5    Registration, Transfer and Exchange.    

        With
respect to the Registered Securities of each series, if any, the Company shall cause to be kept a register (each such register being herein sometimes referred to as the "Security
Register") at an Office or Agency for such series in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of the Registered Securities of
such series and of transfers of the Registered Securities of such series. Such Office or Agency shall be the "Security Registrar" for that series of Securities. Unless otherwise specified in or
pursuant to this Indenture or the Securities, the Trustee shall be the initial Security Registrar for each series of Securities. The Company shall have the right to remove and replace from time to
time the Security Registrar for any series of Securities; provided that no such removal or replacement shall be effective until a successor Security Registrar with respect to such series of Securities
shall have been appointed by the Company and shall have accepted such appointment by the Company. In the event that the Trustee shall not be or shall cease to be Security Registrar with respect to a
series of Securities, it shall have the right to examine the Security Register for such series at all reasonable times. There shall be only one Security Register for each series of Securities. 

        Upon
surrender for registration of transfer of any Registered Security of any series at any Office or Agency for such 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 Registered Securities of the same series denominated as authorized in or pursuant to this Indenture,
of a like aggregate principal amount bearing a number not contemporaneously outstanding and containing identical terms and provisions. 

        At
the option of the Holder, Registered Securities of any series may be exchanged for other Registered Securities of the same series containing identical terms and provisions, in any
authorized denominations, and of a like aggregate principal amount, upon surrender of the Securities to be exchanged at any Office or Agency for such series. Whenever any Registered Securities are so
surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Registered Securities which the Holder making the exchange is entitled to receive. 

        If
provided in or pursuant to this Indenture, with respect to Securities of any series, at the option of the Holder, Bearer Securities of such series may be exchanged for Registered
Securities of such series containing identical terms, denominated as authorized in or pursuant to this Indenture and in the same aggregate principal amount, upon surrender of the Bearer Securities to
be exchanged at any Office or Agency for such series, with all unmatured Coupons and all matured Coupons in default thereto appertaining. If the Holder of a Bearer Security is unable to produce any
such unmatured Coupon or Coupons or matured Coupon or Coupons in default, such exchange may be effected if the Bearer Securities are accompanied by payment in funds acceptable to the Company, the
Guarantors and the Trustee in an amount equal to the face amount of such missing Coupon or Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company, the Guarantors and
the Trustee if there is furnished to them such security or indemnity as they may require to save each of them and any agent of either of them harmless. If thereafter the Holder of such Bearer Security
shall surrender to any Paying Agent any such missing Coupon in respect of which such a payment shall have been made, such Holder shall be entitled to receive the amount of such payment; provided,
however, 

22

 

that, except as otherwise provided in Section 10.2, interest represented by Coupons shall be payable only upon presentation and surrender of those Coupons at an Office or Agency for such
series located outside the United States. Notwithstanding the foregoing, in case a Bearer Security of any series is surrendered at any such Office or Agency for such series in exchange for a
Registered Security of such series and like tenor after the close of business at such Office or Agency on (i) any Regular Record Date and before the opening of business at such Office or Agency
on the next succeeding Interest Payment Date, or (ii) any Special Record Date and before the opening of business at such Office or Agency on the related date for payment of Defaulted Interest,
such Bearer Security shall be surrendered without the Coupon relating to such Interest Payment Date or proposed date of payment, as the case may be (or, if such Coupon is so surrendered with such
Bearer Security, such Coupon shall be returned to the Person so surrendering the Bearer Security), and interest or Defaulted Interest, as the case may be, shall not be payable on such Interest Payment
Date or proposed date for payment, as the case may be, in respect of the Registered Security issued in exchange for such Bearer Security, but shall be payable only to the Holder of such Coupon when
due in accordance with the provisions of this Indenture. 

        If
provided in or pursuant to this Indenture with respect to Securities of any series, at the option of the Holder, Registered Securities of such series may be exchanged for Bearer
Securities upon such terms and conditions as may be provided in or pursuant to this Indenture with respect to such series. 

        Whenever
any Securities are surrendered for exchange as contemplated by the immediately preceding two paragraphs, the Company shall execute, and the Trustee shall authenticate and
deliver, the Securities which the Holder making the exchange is entitled to receive. 

        Notwithstanding
the foregoing, except as otherwise provided in or pursuant to this Indenture, any global Security in a series shall be exchangeable for definitive Securities of such
series only if (i) the Depository is at any time unwilling, unable to continue as depository or if the Depositary ceases to be eligible under this Indenture and a successor depository is not
appointed by the Company within 90 days of the date the Company is so informed in writing, (ii) the Company executes and delivers to the Trustee a Company Order to the effect that such
global Security shall be so exchangeable, or (iii) an Event of Default has occurred and is continuing with respect to the Securities and the Holders of at least a majority in principal amount
of the Outstanding Securities of such series have requested definitive Securities. If the beneficial owners of interests in a global Security are entitled to exchange such interests for definitive
Securities as the result of an event described in clause (i), (ii) or (iii) of the preceding sentence, then without unnecessary delay but in any event not later than the earliest
date on which such interests may be so exchanged, the Company shall deliver to the Trustee definitive Securities in such form and denominations as are required by or pursuant to this Indenture, and of
the same series, containing identical terms and in aggregate principal amount equal to the principal amount of such global Security, executed by the Company. On or after the earliest date on which
such interests may be so exchanged, such global Security shall be surrendered from time to time by the U.S. Depository or such other Depository as shall be specified in the Company Order with respect
thereto, and in accordance with instructions given to the Trustee and the U.S. Depository or such other Depository, as the case may be (which instructions shall be in writing but need not be contained
in or accompanied by an Officers' Certificate or be accompanied by an Opinion of Counsel), as shall be specified in the Company Order with respect thereto to the Trustee, as the Company's agent for
such
purpose, to be exchanged, in whole or in part, for definitive Securities as described above without charge. The Trustee shall authenticate and make available for delivery, in exchange for each portion
of such surrendered global Security, a like aggregate principal amount of definitive Securities of the same series of authorized denominations and of like tenor as the portion of such global Security
to be exchanged, which (unless such Securities are not issuable both as Bearer Securities and as Registered Securities, in which case the definitive Securities exchanged for the global Security shall
be issuable only in the form in which the Securities are issuable, as provided in or pursuant to this Indenture) shall 

23

 

be in the form of Bearer Securities or Registered Securities, or any combination thereof, as shall be specified by the beneficial owner thereof, but subject to the satisfaction of any certification
or other requirements to the issuance of Bearer Securities; provided, however, that no such exchanges may occur during a period beginning at the opening of business 15 days before any selection
of Securities of the same series to be redeemed and ending on the relevant Redemption Date; and provided, further, that (unless otherwise provided in or pursuant to this Indenture) no Bearer Security
delivered in exchange for a portion of a global Security shall be mailed or otherwise delivered to any location in the United States. Promptly following any such exchange in part, such global Security
shall be returned by the Trustee to such Depository or the U.S. Depository, as the case may be, or such other Depository or U.S. Depository referred to above in accordance with the instructions of the
Company referred to above. If a Registered Security is issued in exchange for any portion of a global Security after the close of business at the Office or Agency for such Security where such exchange
occurs on or after (i) any Regular Record Date for such Security and before the opening of business at such Office or Agency on the next succeeding Interest Payment Date, or (ii) any
Special Record Date for such Security and before the opening of business at such Office or Agency on the related proposed date for payment of interest or Defaulted Interest, as the case may be,
interest shall not be payable on such Interest Payment Date or proposed date for payment, as the case may be, in respect of such Registered Security, but shall be payable on such Interest Payment Date
or proposed date for payment, as the case may be, only to the Person to whom interest in respect of such portion of such global Security shall be payable in accordance with the provisions of this
Indenture. 

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

        Every
Registered Security presented or surrendered for registration of transfer or for exchange or redemption shall (if so required by the Company or the Security Registrar for such
Security) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar for such Security 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, or redemption of Securities, but the Company may require payment of a sum sufficient to cover any tax or
other governmental charge and any other expenses (including fees and expenses of the Trustee) that may be imposed in connection with any registration of transfer or exchange of Securities, other than
exchanges pursuant to Section 3.4, 9.5 or 11.7 not involving any transfer. 

        Except
as otherwise provided in or pursuant to this Indenture, the Company shall not be required (i) to issue, register the transfer of or exchange any Securities during a period
beginning at the opening of business 15 days before the day of the selection for redemption of Securities of like tenor and the same series under Section 11.3 and ending at the close of
business on the day of such selection, or (ii) to register the transfer of or exchange any Registered Security so selected for redemption in whole or in part, except in the case of any Security
to be redeemed in part, the portion thereof not to be redeemed, or (iii) to exchange any Bearer Security so selected for redemption except, to the extent provided with respect to such Bearer
Security, that such Bearer Security may be exchanged for a Registered Security of like tenor and the same series, provided that such Registered Security shall be immediately surrendered for redemption
with written instruction for payment consistent with the provisions of this Indenture or (iv) to issue, register the transfer of or exchange any Security which, in accordance with its terms,
has been surrendered for repayment at the option of the Holder, except the portion, if any, of such Security not to be so repaid. 

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        Section 3.6    Mutilated, Destroyed, Lost and Stolen Securities.    

        If
any mutilated Security or a Security with a mutilated Coupon appertaining to it is surrendered to the Trustee, subject to the provisions of this Section 3.6, the Company shall
execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same series containing identical terms and of like principal amount and bearing a number not
contemporaneously outstanding, with Coupons appertaining thereto corresponding to the Coupons, if any, appertaining to the surrendered Security. 

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

        Notwithstanding
the foregoing provisions of this Section 3.6, in case any mutilated, destroyed, lost or stolen Security or Coupon has become or is about to become due and payable,
the Company in its discretion may, instead of issuing a new Security, pay such Security or Coupon; provided, however, that payment of principal of, any premium or interest on or any Additional Amounts
with respect to any
Bearer Securities shall, except as otherwise provided in Section 10.2, be payable only at an Office or Agency for such Securities located outside the United States and, unless otherwise
provided in or pursuant to this Indenture, any interest on Bearer Securities and any Additional Amounts with respect to such interest shall be payable only upon presentation and surrender of the
Coupons appertaining thereto. 

        Upon
the issuance of any new Security under this Section 3.6, 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, with any Coupons appertaining thereto issued pursuant to this Section 3.6 in lieu of any destroyed, lost or stolen Security, or in exchange for a Security to
which a destroyed, lost or stolen Coupon appertains shall constitute a separate obligation of the Company, whether or not the destroyed, lost or stolen Security and Coupons appertaining thereto or the
destroyed, lost or stolen Coupon 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 such series and any Coupons, if any, duly issued hereunder. 

        The
provisions of this Section 3.6, as amended or supplemented pursuant to this Indenture with respect to particular Securities or generally, shall be 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 or Coupons. 

25

  

        Section 3.7    Payment of Interest and Certain Additional Amounts; Rights to Interest and Certain Additional Amounts
Preserved.    

        Unless
otherwise provided in or pursuant to this Indenture, any interest on and any Additional Amounts with respect to any Registered Security which shall be payable, and are punctually
paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name such Security (or one or more Predecessor Securities) is registered as of the close of business on the
Regular Record Date for such interest. 

        Unless
otherwise provided in or pursuant to this Indenture, any interest on and any Additional Amounts with respect to any Registered Security which shall be payable, but shall not be
punctually paid or duly provided for, on any Interest Payment Date for such Registered Security (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder thereof on the
relevant Regular Record Date by virtue of having been such Holder; and such Defaulted Interest may be paid by the Company or any Guarantor, at its election in each case, as provided in
clause (1) or (2) below: 

        (1)  The
Company or any Guarantor may elect to make payment of any Defaulted Interest to the Person in whose name such Registered Security (or a Predecessor Security thereof)
shall be registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed by the Company in the following manner. The Company or such
Guarantor shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on such Registered Security, the Special Record Date therefor and the date of the proposed
payment, and at the same time the Company or such Guarantor, as the case may be, 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 on or prior to the date of the proposed payment, such money when so deposited to be held in trust for the
benefit of the Person entitled to such Defaulted Interest as in this Clause provided. The Special Record Date for the payment of such Defaulted Interest 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 notification to the Trustee of the proposed payment. The Trustee shall, in the name and at the
expense of the Company, cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid, to the Holder of such Registered
Security (or a Predecessor Security thereof) at his address as it appears in the Security Register not less than 10 days prior to such Special Record Date. The Trustee may, in its discretion,
in the name and at the expense of the Company cause a similar notice to be published at least once in an Authorized Newspaper of general circulation in the Borough of Manhattan, The City of New York,
but such publication shall not be a condition precedent to the establishment of such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor
having been mailed as aforesaid, such Defaulted Interest
shall be paid to the Person in whose name such Registered Security (or a Predecessor Security thereof) shall be 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 or any Guarantor may make payment of any Defaulted Interest in any other lawful manner not inconsistent with the requirements of any securities exchange on
which such Security may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company or such Guarantor, as the case may be, to the Trustee of the proposed
payment pursuant to this Clause, such payment shall be deemed practicable by the Trustee. 

        Unless
otherwise provided in or pursuant to this Indenture or the Securities of any particular series pursuant to the provisions of this Indenture, at the option of the Company, interest
on Registered Securities that bear interest may be paid by mailing a check to the address of the Person 

26

 

entitled thereto as such address shall appear in the Security Register or by transfer to an account maintained by the payee with a bank located in the United States. 

        Subject
to the foregoing provisions of this Section and Section 3.5, 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 3.8    Persons Deemed Owners.    

        Prior
to due presentment of a Registered Security for registration of transfer, the Company, the Guarantors, the Trustee and any agent of the Company or the Guarantors or the Trustee may
treat the Person in whose name such Registered Security is registered in the Security Register as the owner of such Registered Security for the purpose of receiving payment of principal of, any
premium and (subject to Sections 3.5 and 3.7) interest on and any Additional Amounts with respect to such Registered Security and for all other purposes whatsoever, whether or not any payment with
respect to such Registered Security shall be overdue, and none of the Company, the Guarantors, the Trustee or any agent of the Company, or the Trustee shall be affected by notice to the contrary. 

        The
Company, the Guarantors, the Trustee and any agent of the Company, the Guarantors or the Trustee may treat the bearer of any Bearer Security or the bearer of any Coupon as the
absolute owner of such Security or Coupon for the purpose of receiving payment thereof or on account thereof and for all other purposes whatsoever, whether or not any payment with respect to such
Security or Coupon shall be overdue, and none of the Company, the Guarantors, the Trustee or any agent of the Company 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 Depository shall have any rights under this Indenture with respect to such global Security, and such
Depository may be treated by the Company, the Guarantors the Trustee, and any agent of the Company, the Guarantors or the Trustee as the owner of such global Security for all purposes whatsoever. None
of the Company, the Guarantors, the Trustee, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account
of beneficial ownership interests of a global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. 

        Section 3.9    Cancellation.    

        All
Securities and Coupons surrendered for payment, redemption, registration of transfer, exchange or conversion or for credit against any sinking fund payment shall, if surrendered to
any Person other than the Trustee, be delivered to the Trustee, and any such Securities and Coupons, as well as Securities and Coupons surrendered directly to the Trustee for any such purpose, shall
be cancelled promptly by the Trustee. 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 all Securities so delivered shall be cancelled promptly 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 or pursuant to this Indenture. All cancelled Securities and Coupons held by the Trustee shall be
destroyed by the Trustee, unless by a Company Order or a Guarantor Order, the Company or a Guarantor, as the case may be, directs their return to it. 

        Section 3.10    Computation of Interest.    

        Except
as otherwise provided in or pursuant to this Indenture or in any Security, interest on the Securities shall be computed on the basis of a 360-day year of twelve
30-day months. 

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ARTICLE 4    
    
    SATISFACTION AND DISCHARGE OF INDENTURE    
  

        Section 4.1    Satisfaction and Discharge.    

        Upon
the direction of the Company by a Company Order or of a Guarantor by a Guarantor Order, this Indenture shall cease to be of further effect with respect to any series of Securities
specified in such Company Order or Guarantor Order and any Coupons appertaining thereto, and the Trustee, on receipt of a Company Order or Guarantor Order, at the expense of the Company and the
Guarantors, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture as to such series, when 

        (1)  either 

        (a)  all
Securities of such series theretofore authenticated and delivered and all Coupons appertaining thereto (other than (i) Coupons appertaining to Bearer
Securities of such series surrendered in exchange for Registered Securities of such series and maturing after such exchange whose surrender is not required or has been waived as provided in
Section 3.5, (ii) Securities and Coupons of such series which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 3.6,
(iii) Coupons appertaining to Securities of such series called for redemption and maturing after the relevant Redemption Date whose surrender has been waived as provided in Section 11.7,
and (iv) Securities and Coupons of such series for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the
Company or discharged from such trust, as provided in Section 10.3) have been delivered to the Trustee for cancellation; or 

        (b)  all
Securities of such series and, in the case of (i) or (ii) below, any Coupons appertaining thereto 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)  if
redeemable at the option of the Company, 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 Guarantors, 

and
the Company or the Guarantors, 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 such purpose, money in
the Currency in which
such Securities are payable in an amount sufficient to pay and discharge the entire indebtedness on such Securities and any Coupons appertaining thereto not theretofore delivered to the Trustee for
cancellation, including the principal of, any premium and interest on, and any Additional Amounts with respect to such Securities and any Coupons appertaining thereto, to the date of such deposit (in
the case of Securities which have become due and payable) or to the Maturity thereof, as the case may be; 

        (2)  the
Company or any Guarantor has paid or caused to be paid all other sums payable hereunder by the Company and the Guarantors with respect to the Outstanding Securities
of such series and any Coupons appertaining thereto; and 

        (3)  the
Company has delivered to the Trustee an Officers' Certificate and an Opinion of Counsel and each Guarantor has delivered to the Trustee a Guarantor's Officers'
Certificate, each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture as to such series have been complied with. 

28

 

        In
the event there are Securities of two or more series hereunder, the Trustee shall be required to execute an instrument acknowledging satisfaction and discharge of this Indenture only
if requested to do so with respect to Securities of such series as to which it is Trustee and if the other conditions thereto are met. 

        Notwithstanding
the satisfaction and discharge of this Indenture with respect to any series of Securities, the obligations of the Company and the Guarantors to the Trustee under
Section 6.6 and, if money shall have been deposited with the Trustee pursuant to subclause (b) of clause (1) of this Section, the obligations of the Company and the Trustee with
respect to the Securities of such series under Sections 3.5, 3.6, 4.3, 10.2 and 10.3, with respect to the payment of Additional Amounts, if any, with respect to such Securities as contemplated by
Section 10.4 (but only to the extent that the Additional Amounts payable with respect to such Securities exceed the amount deposited in respect of such Additional Amounts pursuant to
Section 4.1(1)(b)) shall survive. 

        Section 4.2    Defeasance and Covenant Defeasance.    

        (1)  Unless
pursuant to Section 3.1, either or both of (i) defeasance of the Securities of or within a series under clause (2) of this Section 4.2
shall not be applicable with respect to the Securities of such series or (ii) covenant defeasance of the Securities of or within a series under clause (3) of this Section 4.2
shall not be applicable with respect to the Securities of such series, then such provisions, together with the other provisions of this Section 4.2 (with such modifications thereto as may be
specified pursuant to Section 3.1 with respect to any Securities), shall be applicable to such Securities and any Coupons appertaining thereto, and the Company may at its option by Board
Resolution, at any time, with
respect to such Securities and any Coupons appertaining thereto, elect to have Section 4.2(2) or Section 4.2(3) be applied to such Outstanding Securities and any Coupons appertaining
thereto upon compliance with the conditions set forth below in this Section 4.2. 

        (2)  Upon
the Company's exercise of the above option applicable to this Section 4.2(2) with respect to any Securities of or within a series, each of the Company and
the Guarantors shall be deemed to have been discharged from its obligations with respect to such Outstanding Securities and any Coupons appertaining thereto and of the Guarantee in respect thereof on
the date the conditions set forth in clause (4) of this Section 4.2 are satisfied (hereinafter, "defeasance"). For this purpose, such defeasance means that the Company and the Guarantors
shall be deemed to have paid and discharged the entire Debt represented by such Outstanding Securities and any Coupons appertaining thereto, and under the Guarantee in respect thereof, which shall
thereafter be deemed to be "Outstanding" only for the purposes of clause (5) of this Section 4.2 and the other Sections of this Indenture referred to in clauses (i) and
(ii) below, and to have satisfied all of its other obligations under such Securities and any Coupons appertaining thereto, and under the Guarantee in respect thereof, and this Indenture insofar
as such Securities and any Coupons appertaining thereto and under the Guarantee in respect thereof, are concerned (and the Trustee, at the expense of the Company and the Guarantors, shall execute
proper instruments acknowledging the same), except for the following which shall survive until otherwise terminated or discharged hereunder: (i) the rights of Holders of such Outstanding
Securities and any Coupons appertaining thereto to receive, solely from the trust fund described in clause (4) of this Section 4.2 and as more fully set forth in such clause, payments in
respect of the principal of (and premium, if any) and interest, if any, on, and Additional Amounts, if any, with respect to, such Securities and any Coupons appertaining thereto when such payments are
due, (ii) the obligations of the Company and the Trustee with respect to such Securities under Sections 3.5, 3.6, 6.6, 10.2 and 10.3 and with respect to the payment of Additional Amounts, if
any, on such Securities as contemplated by Section 10.4 (but only to the extent that the Additional Amounts payable with respect to such Securities exceed the amount deposited in respect of
such Additional Amounts pursuant to Section 4.2(4)(a) below), (iii) the rights, powers, trusts, duties and immunities of the Trustee hereunder and (iv) this Section 4.2.
The Company may exercise its option under this 

29

 

Section 4.2(2) notwithstanding the prior exercise of its option under clause (3) of this Section 4.2 with respect to such Securities and any Coupons appertaining thereto. 

        (3)  Upon
the Company's exercise of the option to have this Section 4.2(3) apply with respect to any Securities of or within a series, the Company shall be released
from its obligations under Section 10.5 and, to the extent specified pursuant to any indenture supplement, any other covenant applicable to such Securities, with respect to such Outstanding
Securities and any Coupons appertaining thereto on and after the date the conditions set forth in clause (4) of this Section 4.2 are satisfied (hereinafter, "covenant defeasance"), and
such Securities and any Coupons appertaining thereto shall thereafter be deemed to be not "Outstanding" for the purposes of any direction, waiver, consent or declaration or Act of Holders (and the
consequences of any thereof) in connection with any such covenant, but shall continue to be deemed "Outstanding" for all other purposes hereunder. For this purpose, such covenant defeasance means
that, with respect to such Outstanding Securities and any Coupons appertaining thereto, the Company may omit to comply with, and shall have no liability in respect of, any term, condition or
limitation set forth in any such Section or such other covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such Section or such other covenant or by reason of
reference in any such Section or such other covenant to any other provision herein or in any other document and such omission to comply shall not constitute a default or an Event of
Default under Section 5.1(4) or 5.1(8) or otherwise, as the case may be, but, except as specified above, the remainder of this Indenture and such Securities and Coupons appertaining thereto
shall be unaffected thereby. 

        (4)  The
following shall be the conditions to application of clause (2) or (3) of this Section 4.2 to any Outstanding Securities of or within a series
and any Coupons appertaining thereto: 

        (a)  The
Company or any Guarantor shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee satisfying the requirements of
Section 6.7 who shall agree to comply with the provisions of this Section 4.2 applicable to it) as trust funds in trust for the purpose of making the following payments, specifically
pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities and any Coupons appertaining thereto, (1) an amount in Dollars or in such Foreign Currency in
which such Securities and any Coupons appertaining thereto are then specified as payable at Stated Maturity, or (2) Government Obligations applicable to such Securities and Coupons appertaining
thereto (determined on the basis of the Currency in which such Securities and Coupons appertaining thereto are then specified as payable at Stated Maturity) which through the scheduled payment of
principal and interest in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment of principal of (and premium, if any) and interest, if
any, on such Securities and any Coupons appertaining thereto, money in an amount, or (3) a combination thereof, in any case, in an amount, sufficient, without consideration of any reinvestment
of such principal and interest, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and
discharge, and which shall be applied by the Trustee (or other qualifying trustee) to pay and discharge, (y) the principal of (and premium, if any) and interest, if any, on such Outstanding
Securities and any Coupons appertaining thereto at the Stated Maturity of such principal or installment of principal or premium or interest and (z) any mandatory sinking fund payments or
analogous payments applicable to such Outstanding Securities and any Coupons appertaining thereto on the days on which such payments are due and payable in accordance with the terms of this Indenture
and of such Securities and any Coupons appertaining thereto. 

        (b)  Such
defeasance or covenant defeasance shall not result in a breach or violation of, or constitute a default under, this Indenture or any other material agreement or
instrument to which the Company or any Guarantor is a party or by which it is bound. 

30

 

        (c)  No
Event of Default or event which with notice or lapse of time or both would become an Event of Default with respect to such Securities and any Coupons appertaining
thereto shall have occurred and be continuing on the date of establishment of such trust and, with respect to defeasance only, at any time during the period ending on the 91st day after the date of
such deposit (it being understood that this condition shall not be deemed satisfied until the expiration of such period). 

        (d)  In
the case of an election under clause (2) of this Section 4.2, the Company or any Guarantor shall have delivered to the Trustee an Opinion of Counsel
stating that (i) the Company or such Guarantor has received from the Internal Revenue Service a letter ruling, or there has been published by the Internal Revenue Service a Revenue Ruling, or
(ii) since the date of execution of this Indenture, there has been a change in the applicable Federal income tax law, in either case to the effect that, and based thereon such opinion shall
confirm that, the Holders of such Outstanding Securities and any Coupons appertaining thereto will not recognize income, gain or loss for Federal income tax purposes as a result of such defeasance and
will be subject to Federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred. 

        (e)  In
the case of an election under clause (3) of this Section 4.2, the Company or any Guarantor shall have delivered to the Trustee an Opinion of Counsel to
the effect that the Holders of such Outstanding Securities and any Coupons appertaining thereto will not recognize income, gain or loss for Federal income tax purposes as a result of such covenant
defeasance and will be subject to Federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such covenant defeasance had not occurred. 

        (f)    The
Company or any Guarantor shall have delivered to the Trustee an Opinion of Counsel to the effect that, after the 91st day after the date of establishment of such
trust, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited or caused to be deposited with the Trustee
(or other qualifying trustee) pursuant to this clause (4) to be held in trust will not be subject to any case or proceeding (whether voluntary or involuntary) in respect of the Company under
any Federal or State bankruptcy, insolvency, reorganization or other similar law, or any decree or order for relief in respect of the Company issued in connection therewith. 

        (g)  The
Company or any Guarantor shall have delivered to the Trustee an Officers' Certificate or a Guarantor's Officers' Certificate and an Opinion of Counsel, each stating
that all conditions precedent to the defeasance or covenant defeasance under clause (2) or (3) of this Section 4.2 (as the case may be) have been complied with. 

        (h)  Notwithstanding
any other provisions of this Section 4.2(4), such defeasance or covenant defeasance shall be effected in compliance with any additional or
substitute terms, conditions or limitations which may be imposed on the Company or any Guarantor in connection therewith pursuant to Section 3.1. 

        (5)  Unless
otherwise specified in or pursuant to this Indenture or any Security, if, after a deposit referred to in Section 4.2(4)(a) has been made, (a) the
Holder of a Security in respect of which such deposit was made is entitled to, and does, elect pursuant to Section 3.1 or the terms of such Security to receive payment in a Currency other than
that in which the deposit pursuant to Section 4.2(4)(a) has been made in respect of such Security, or (b) a Conversion Event occurs in respect of the Foreign Currency in which the
deposit pursuant to Section 4.2(4)(a) has been made, the indebtedness represented by such Security and any Coupons appertaining thereto shall be deemed to have been, and will be, fully
discharged and satisfied through the payment of the principal of (and premium, if any),
and interest, if any, on, and Additional Amounts, if any, with respect to, such Security as the same becomes due out of the proceeds yielded by converting (from time to time as specified below in the 

31

 

case of any such election) the amount or other property deposited in respect of such Security into the Currency in which such Security becomes payable as a result of such election or Conversion Event
based on (x) in the case of payments made pursuant to clause (a) above, the applicable market exchange rate for such Currency in effect on the second Business Day prior to each payment
date, or (y) with respect to a Conversion Event, the applicable market exchange rate for such Foreign Currency in effect (as nearly as feasible) at the time of the Conversion Event. The Company
shall pay and indemnify the Trustee (or other qualifying trustee, collectively for purposes of Section 4.3, the "Trustee") against any tax, fee or other charge, imposed on or assessed against
the Government Obligations deposited pursuant to this Section 4.2 or the principal or 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 such Outstanding Securities and any Coupons appertaining thereto. 

        Anything
in this Section 4.2 to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request, or any Guarantor, as the case
may be, upon a Guarantor Request, any money or Government Obligations (or other property and any proceeds therefrom) held by it as provided in clause (4) of this Section 4.2 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 a defeasance or covenant defeasance, as applicable, in accordance with this Section 4.2. 

        Section 4.3    Application of Trust Money.    

        Subject
to the provisions of the last paragraph of Section 10.3, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1)
(including the proceeds thereof) deposited with the Trustee pursuant to Section 4.1 or 4.2 in respect of any Outstanding Securities of any series and any Coupons appertaining thereto shall be
held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any Coupons appertaining thereto and this Indenture, to the payment, either directly or through any
Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any Coupons appertaining thereto of all sums due and to become
due thereon in respect of principal (and premium, if any) and interest and Additional Amounts, if any; but such money and Government Obligations need not be segregated from other funds except to the
extent required by law. 

 
 

ARTICLE 5    
    
    REMEDIES    
  

        Section 5.1    Events of Default.    

        "Event
of Default", wherever used herein with respect to Securities of any 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), unless such event is specifically deleted or modified in or pursuant to the supplemental indenture, Board Resolution or Officers' Certificate establishing the terms of such Series pursuant to
this Indenture: 

        (1)  default
in the payment of any interest on any Security of such series, or any Additional Amounts payable with respect thereto, when such interest becomes or such
Additional Amounts become due and payable, and continuance of such default for a period of 30 days; 

        (2)  default
in the payment of the principal of or any premium on any Security of such series, or any Additional Amounts payable with respect thereto, when such principal or
premium becomes or such Additional Amounts become due and payable at their Maturity; 

32

 

        (3)  default
in the deposit of any sinking fund payment when and as due by the terms of a Security of such series; 

        (4)  default
in the performance, or breach, of any covenant or warranty of the Company or any Guarantor in this Indenture or the Securities (other than a covenant or warranty
a default in the performance or the breach of which is elsewhere in this Indenture specifically dealt with or which has been expressly included in this Indenture solely for the benefit of a series of
Securities other than such series), and continuance of such default or breach for a period of 60 days after there has been given, by registered or certified mail, to the Company and the Parent
Guarantor by the Trustee or to the Company, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of such 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"; 

        (5)  there
occurs with respect to any issue or issues of Debt of the Company (including an Event of Default under any other series of Securities), the Parent Guarantor or any
of its Subsidiaries having an outstanding principal amount of $25,000,000 or more in the aggregate for all such issues of all such
Persons, whether such Debt exists on the date of this Indenture or shall hereafter be created, (a) an event of default that has caused the holder thereof to declare such Debt to be due and
payable prior to its stated maturity and such Debt has not been discharged in full or such acceleration has not been rescinded or annulled within 30 days of such acceleration and/or
(b) the failure to make a principal payment at the final (but not any interim) fixed maturity and such defaulted payment shall not have been made, waived or extended within 30 days of
such payment default; 

        (6)  any
Guarantee by the Parent Guarantor or a Significant Subsidiary Guarantor shall for any reason cease to be, or asserted in writing by any Guarantor thereof or the
Company not to be, in full force and effect, and enforceable in accordance with its terms (other than by reason of termination of this Indenture or the release of any such Guarantee in accordance with
Section 16.3), provided however, that if the Company or any Guarantor asserts in writing that any such Guarantee is not in full force and effect and enforceable in accordance with its terms,
such assertion shall not constitute an Event of Default for purposes of this paragraph if (i) such written assertion is accompanied by an Opinion of Counsel to the effect that, as a matter of
law, the defect or defects rendering such Guarantee unenforceable can be remedied within 10 days of the date of such assertion, (ii) the Company or such Guarantor delivers an Officers'
Certificate or a Guarantor's Officer's Certificate, as the case may be, to the effect that the Company or such Guarantor, as the case may be, represents that such defect or defects shall be so
remedied within such 10-day period, and (iii) such defect or defects are in fact so remedied with such 10-day period, provided, that any reduction in the maximum amount
of any such Guarantee as a result of fraudulent conveyance or similar law shall not be deemed an Event of Default hereunder; 

        (7)  the
entry by a court having competent jurisdiction of: 

        (a)  a
decree or order for relief in respect of the Company, the Parent Guarantor or any Significant Subsidiary Guarantor in an involuntary proceeding under any applicable
bankruptcy, insolvency, reorganization or other similar law and such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; 

        (b)  a
decree or order adjudging the Company, the Parent Guarantor or any Significant Subsidiary Guarantor to be insolvent, or approving a petition seeking reorganization,
arrangement, adjustment or composition of the Company, the Parent Guarantor or such Significant Subsidiary Guarantor and such decree or order shall remain unstayed and in effect for a period of 60
consecutive days; or 

33

 

        (c)  a
final and non-appealable order appointing a custodian, receiver, liquidator, assignee, trustee or other similar official of the Company, the Parent
Guarantor or any Significant Subsidiary Guarantor or of any substantial part of the property of the Company, the Parent Guarantor or any Significant Subsidiary Guarantor or ordering the winding up or
liquidation of the affairs of the Company, the Parent Guarantor or any Significant Subsidiary Guarantor; 

        (8)  the
commencement by the Company, the Parent Guarantor or any Significant Subsidiary Guarantor of a voluntary proceeding under any applicable bankruptcy, insolvency,
reorganization or other similar law or of a voluntary proceeding seeking to be adjudicated insolvent or the consent by the Company, the Parent Guarantor or such Significant Subsidiary Guarantor to the
entry of a decree or order for relief in an involuntary proceeding under any applicable bankruptcy, insolvency, reorganization or other similar law or to the commencement of any insolvency proceedings
against it, or the filing by the Company, the Parent Guarantor or any Significant Subsidiary Guarantor of a petition or answer or consent seeking reorganization, arrangement, adjustment or composition
of the Company, the Parent Guarantor or such Significant Subsidiary Guarantor or relief under any applicable law, or the consent by the Company, the Parent Guarantor or any Significant Subsidiary
Guarantor to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee or similar official of the Company, the Parent Guarantor
or such Significant Subsidiary Guarantor or any substantial part of the property of the Company, the Parent Guarantor or any Significant Subsidiary Guarantor, or the making by the Company, the Parent
Guarantor or any Significant Subsidiary Guarantor of an assignment for the benefit of creditors, or the taking of corporate action by the Company, the Parent Guarantor or any Significant Subsidiary
Guarantor in furtherance of any such action; or 

        (9)  any
other Event of Default provided in or pursuant to this Indenture with respect to Securities of such series. 

        Section 5.2    Acceleration of Maturity; Rescission and Annulment.    

        If
an Event of Default with respect to Securities of any series at the time Outstanding (other than an Event of Default with respect to the Company or any Guarantor specified in
clause (7) or (8) of Section 5.1) occurs and is continuing, then the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities of such series
may declare the principal of all the Securities of such series, or such lesser amount as may be provided for in the Securities of such series, to be due and payable immediately, by a notice in writing
to the Company and Parent Guarantor (and to the Trustee if given by the Holders), and upon any such declaration such principal or such lesser amount shall become immediately due and payable. 

        If
an Event of Default with respect to the Company or any Guarantor specified in clause (7) or (8) of Section 5.1 occurs, all unpaid principal of and accrued
interest on the Outstanding Securities of that series (or such lesser amount as may be provided for in the Securities of such series) shall ipso facto become and be immediately due and payable without
any declaration or other act on the part of the Trustee or any Holder of any Security of that series. 

34

  

        At any time after a declaration of acceleration with respect to the 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 not less than a majority in principal amount of the Outstanding Securities of such series, by written notice to the Company, the
Parent Guarantor and the Trustee, may rescind and annul such declaration and its consequences if 

        (1)  the
Company or any Guarantor has paid or deposited with the Trustee a sum of money sufficient to pay 

        (a)  all
overdue installments of any interest on and Additional Amounts with respect to all Securities of such series and any Coupon appertaining thereto, 

        (b)  the
principal of and any premium on any Securities of such series which have become due otherwise than by such declaration of acceleration and interest thereon and any
Additional Amounts with respect thereto at the rate or rates borne by or provided for in such Securities, 

        (c)  to
the extent that payment of such interest or Additional Amounts is lawful, interest upon overdue installments of any interest and Additional Amounts at the rate or
rates borne by or provided for 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 all
other amounts due the Trustee under Section 6.6; and 

        (2)  all
Events of Default with respect to Securities of such series, other than the non-payment of the principal of, any premium and interest on, and any
Additional Amounts with respect to Securities of such series which shall have become due solely by such declaration of acceleration, shall have been cured or waived as provided in Section 5.13. 

        No
such rescission shall affect any subsequent default or impair any right consequent thereon. 

        Section 5.3    Collection of Debt and Suits for Enforcement by Trustee.    

        The
Company covenants and each Guarantor covenants, in each case, that if 

        (1)  default
is made in the payment of any installment of interest on or any Additional Amounts with respect to any Security or any Coupon appertaining thereto when such
interest or Additional Amounts shall have become 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 any premium on any Security or any Additional Amounts with respect thereto at their Maturity, the Company or such
Guarantor, as the case may be, shall, upon demand of the Trustee, pay to the Trustee, for the benefit of the Holders of such Securities and any Coupons appertaining thereto, the whole amount of money
then due and payable with respect to such Securities and any Coupons appertaining thereto, with interest upon the overdue principal, any premium and, to the extent that payment of such interest shall
be legally enforceable, upon any overdue installments of interest and Additional Amounts at the rate or rates borne by or provided for in such Securities, and, in addition thereto, such further amount
of money 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 and
all other amounts due to the Trustee under Section 6.6. 

        If
the Company or any Guarantor fails to pay the money it is required to pay the Trustee pursuant to the preceding paragraph forthwith upon the demand of the Trustee, the Trustee, in its
own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the money so due and unpaid, and may prosecute such proceeding to judgment or final decree, and
may enforce the 

35

 

same against the Company or the Guarantors or any other obligor upon such Securities and any Coupons appertaining thereto and collect the monies adjudged or decreed to be payable in the manner
provided by law out of the property of the Company or the Guarantors or any other obligor upon such Securities and any Coupons appertaining thereto, 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 and any Coupons appertaining thereto 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 such Securities or in aid of the exercise of any power granted herein or therein, or to enforce any other proper
remedy. 

        Section 5.4    Trustee May File Proofs of Claim.    

        In
case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the
Company, any Guarantor or any other obligor upon the Securities of any series or the property of the Company, any Guarantor or 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 Guarantors for the payment of any overdue principal, premium, interest or Additional Amounts) shall be entitled and empowered, by intervention in such proceeding or otherwise, 

        (1)  to
file and prove a claim for the whole amount, or such lesser amount as may be provided for in the Securities of any applicable series, of the principal and any
premium, interest and Additional Amounts owing and unpaid in respect of the Securities and any Coupons appertaining thereto 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 or counsel) and of the Holders of
Securities or any Coupons appertaining thereto allowed in such judicial proceeding, and 

        (2)  to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same; 

and
any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder of Securities or any Coupons 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 of Securities or any Coupons, to pay to the Trustee any amount
due to 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 6.6. 

        Nothing
herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder of a Security or any Coupon any plan of
reorganization, arrangement, adjustment or composition affecting the Securities or Coupons or the rights of any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any
Holder of a Security or any Coupon in any such proceeding. 

        Section 5.5    Trustee May Enforce Claims without Possession of Securities or Coupons.    

        All
rights of action and claims under this Indenture or any of the Securities or Coupons may be prosecuted and enforced by the Trustee without the possession of any of the Securities or
Coupons 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 or judgment, after provision for the payment of the reasonable compensation, expenses, disbursements and
advances 

36

 

of the Trustee, its agents and counsel, shall be for the ratable benefit of each and every Holder of the Securities or Coupons in respect of which such judgment has been recovered. 

        Section 5.6    Application of Money Collected.    

        Any
money collected by the Trustee pursuant to this Article shall be applied in the following order with respect to the Securities of such series, at the date or dates fixed by the
Trustee and, in case of the distribution of such money on account of principal, or any premium, interest or Additional Amounts, upon presentation of the Securities or Coupons of the applicable series,
or both, as the case may be, 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 and any predecessor Trustee under Section 6.6; 

        SECOND:
To the payment of the amounts then due and unpaid upon the Securities and any Coupons of the applicable series for principal and any premium, interest and Additional Amounts 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 aggregate amounts due and payable on such Securities
and Coupons for principal and any premium, interest and Additional Amounts, respectively; 

        THIRD:
The balance, if any, to the Company or, Person or Persons entitled thereto. 

        Section 5.7    Limitations on Suits.    

        No
Holder of any Security of any series or any Coupons appertaining thereto 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 such series; 

        (2)  the
Holders of not less than 25% in principal amount of the Outstanding Securities of such series shall have made written request to the Trustee to institute proceedings
in respect of such Event of Default in its own name as Trustee hereunder; 

        (3)  such
Holder or Holders have offered to the Trustee such indemnity as is reasonably satisfactory to the Trustee 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 such 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 or any Security to
affect, disturb or prejudice the rights of any other such Holders or Holders of Securities of any other series, or to obtain or to seek to obtain priority or preference over any other Holders or to
enforce any right under this Indenture, except in the manner herein provided and for the equal and ratable benefit of all such Holders. 

37

 

        Section 5.8    Unconditional Right of Holders to Receive Principal and any Premium, Interest and Additional
Amounts.    

        Notwithstanding
any other provision in this Indenture, the Holder of any Security or Coupon shall have the right, which is absolute and unconditional, to receive payment of the principal
of, any premium and (subject to Sections 3.5 and 3.7) interest on, and any Additional Amounts with respect to such Security or payment of such Coupon, as the case may be, on the respective Stated
Maturity or Maturities therefor specified in such Security or Coupon (or, in the case of redemption, on the Redemption Date or, in the case of repayment at the option of such Holder if provided in or
pursuant to this Indenture, on the date such repayment is due) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder. 

        Section 5.9    Restoration of Rights and Remedies.    

        If
the Trustee or any Holder of a Security or a Coupon 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 the Company, the Guarantors, the Trustee and each such Holder shall, subject to
any determination in such proceeding, be restored severally and respectively to their former positions hereunder, and thereafter all rights and remedies of the Trustee and each such Holder shall
continue as though no such proceeding had been instituted. 

        Section 5.10    Rights and Remedies Cumulative.    

        Except
as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities or Coupons in the last paragraph of Section 3.6, no
right or remedy herein conferred upon or reserved to the Trustee or to each and every Holder of a Security or a Coupon is intended to be exclusive of any other right or remedy, and every right and
remedy, to the extent permitted by law, shall 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, to the extent permitted by law, prevent the concurrent assertion or employment of any other appropriate right or remedy. 

        Section 5.11    Delay or Omission Not Waiver.    

        No
delay or omission of the Trustee or of any Holder of any Security or Coupon 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 any Holder of a Security or a Coupon may be
exercised from time to time, and as often as may be deemed expedient, by the Trustee or by such Holder, as the case may be. 

        Section 5.12    Control by Holders of Securities.    

        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 and any Coupons appertaining thereto, provided that 

        (1)  such
direction shall not be in conflict with any rule of law or with this Indenture or with the Securities of such series, 

        (2)  the
Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction, and 

        (3)  such
direction is not unduly prejudicial to the rights of the other Holders of Securities of such series not joining in such action. 

38

 

        Section 5.13    Waiver of Past Defaults.    

        The
Holders of not less than a majority in principal amount of the Outstanding Securities of any series on behalf of the Holders of all the Securities of such series and any Coupons
appertaining thereto may waive any past default hereunder with respect to such series and its consequences, except a default 

        (1)  in
the payment of the principal of, any premium or interest on, or any Additional Amounts with respect to, any Security of such series or any Coupons appertaining
thereto, or 

        (2)  in
respect of a 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. 

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 5.14    Waiver of Usury, Stay or Extension Laws.    

        The
Company and each Guarantor covenants, in each case, that (to the extent that it may lawfully do so) it will not at any time insist upon, or plead, or in any manner whatsoever claim
or take the benefit or advantage of, any usury, 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 each Guarantor expressly waives (to the extent that it may lawfully do so) 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. 

        Section 5.15    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 or omitted by it as Trustee, the filing by any party litigant in such suit of
any undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys' fees, against any party litigant in such suit having
due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section 5.15 shall not apply to any suit instituted by the Trustee, to
any suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in principal amount of Outstanding Securities of any series, or to any suit instituted by any Holder for
the enforcement of the payment of the principal of (or premium, if any) or interest, if any, on or Additional Amounts, if any, with respect to any Security on or after the respective Stated Maturities
expressed in such Security (or, in the case of redemption, on or after the Redemption Date, and, in the case of repayment, on or after the date for repayment). 

 
 

ARTICLE 6    
    
    THE TRUSTEE    
  

        Section 6.1    Certain Rights of Trustee.    

        Subject
to Sections 315(a) through 315(d) of the Trust Indenture Act: 

        (1)  the
Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion,
report, notice, request, 

39

 

direction, consent, order, bond, debenture, note, coupon or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper party or parties; 

        (2)  any
request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or a Company Order or of a Guarantor mentioned herein shall
be sufficiently
evidenced by a Guarantor Request or a Guarantor Order (in each case, other than delivery of any Security, together with any Coupons appertaining thereto, to the Trustee for authentication and delivery
pursuant to Section 3.3 which shall be sufficiently evidenced as provided therein) and any resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution or of a
Guarantor's Board of Directors may be sufficiently evidenced by such Guarantor's Board Resolution; 

        (3)  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 shall be herein specifically prescribed) may, in the absence of bad faith on its part, rely upon an Officers' Certificate or, if such matter
pertains to a Guarantor, such Guarantor's Officers' Certificate; 

        (4)  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; 

        (5)  the
Trustee shall be under no obligation to exercise any of the rights or powers vested in it by or pursuant to this Indenture at the request or direction of any of the
Holders of Securities of any series or any Coupons appertaining thereto pursuant to this Indenture, unless such Holders shall have offered to the Trustee such security or indemnity as is reasonably
satisfactory to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction; 

        (6)  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, coupon or other paper or document, but the Trustee, in its discretion, may but shall not be obligated to 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, during business hours and upon
reasonable notice, the books, records and premises of the Company and the Guarantors, personally or by agent or attorney; 

        (7)  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; 

        (8)  the
Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved
that the Trustee was negligent in ascertaining the pertinent facts; 

        (9)  the
Authenticating Agent, Paying Agent, and Security Registrar shall have the same protections as the Trustee set forth hereunder; and 

        (10) the
Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it in good faith in accordance with an Act of the Holders hereunder
relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture or any
Securities; 

        (11) the
Trustee shall not be liable for any action taken, suffered or omitted to be taken, unless it shall be proved that the Trustee was negligent or engaged in willful
misconduct. 

40

  

        Section 6.2    Notice of Defaults.    

        Within
90 days after the occurrence of any default hereunder with respect to the Securities of any series or, if later, within 30 days after the Trustee has actual notice
of such default, but subject, in any case, to the requirements of the Trust Indenture Act, the Trustee shall transmit by mail to all Holders of Securities of such series entitled to receive reports
pursuant to Section 7.3(3), notice of such default hereunder actually known to a Responsible Officer of the Trustee, 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, if any, on, or Additional Amounts or any sinking fund or purchase fund installment with
respect to, any Security 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
and/or Responsible Officers of the Trustee in good faith determine that the withholding of such notice is in the best interest of the Holders of Securities and Coupons of such series; and provided,
further, that in the case of any default of the character specified in Section 5.1(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 6.3    Not Responsible for Recitals or Issuance of Securities.    

        The
recitals contained herein and in the Securities, or any document issued in connection with the sale of the Securities, except the Trustee's certificate of authentication, and in any
Coupons shall be taken as the statements of the Company and the Guarantors, as the case may be, and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness.
The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities or the Coupons, except that the Trustee represents that it is duly authorized to execute
and deliver this Indenture, authenticate the Securities and perform its obligations hereunder and that the statements made by it in a Statement of Eligibility on Form T-1, if
necessary, supplied to the Company are true and accurate, subject to the qualifications set forth therein. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or
application by the Company of the Securities or the proceeds thereof or any money paid to the Company or upon the Company's direction under any provision hereof, without limiting the application of
any other provision of this Indenture. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application of any money received by any Paying Agent other than the
Trustee, without limiting the application of any other provision of this Indenture. 

        Section 6.4    May Hold Securities.    

        The
Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other Person that may be an agent of the Trustee or the Guarantors or the Company, in its
individual or any other capacity, may become the owner or pledgee of Securities or Coupons and, subject to Sections 310(b) and 311 of the Trust Indenture Act, may otherwise deal with the Company or
the Guarantors with the same rights it would have if it were not the Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other Person. 

        Section 6.5    Money Held in Trust.    

        Except
as provided in Section 4.3 and Section 10.3, money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by
law and shall be held uninvested. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed to in writing with the Company or the Parent
Guarantor. 

41

 

        Section 6.6    Compensation and Reimbursement.    

        The
Company agrees and the Guarantors agree, in each case: 

        (1)  to
pay to the Trustee from time to time reasonable compensation for all services rendered by the Trustee 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 or arising out of or in connection with the acceptance or administration of the trust or trusts hereunder (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 the Trustee's negligence or bad faith; and 

        (3)  to
indemnify the Trustee and its agents, officers, directors and employees for, and to hold them harmless against, any loss, liability or expense incurred without
negligence or bad faith on their 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 themselves
against any claim or liability in connection with the exercise or performance of any of their powers or duties hereunder, except to the extent that any such loss, liability or expense was due to the
Trustee's negligence or bad faith. 

        As
security for the performance of the obligations of the Company and the Guarantors under this Section, the Trustee shall have a lien prior to the Securities of any series 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 or interest on or any Additional Amounts with respect to Securities
or any Coupons appertaining thereto. 

        To
the extent permitted by law, any compensation or expense incurred by the Trustee after a default specified in or pursuant to Section 5.1 is intended to constitute an expense of
administration under any then applicable bankruptcy or insolvency law. "Trustee" for purposes of this Section 6.6 shall include any predecessor Trustee but the negligence or bad faith of any
Trustee shall not affect the rights of any other Trustee under this Section 6.6. 

        The
provisions of this Section 6.6 shall survive the satisfaction and discharge of this Indenture or the earlier resignation or removal of the Trustee and shall apply with equal
force and effect to the Trustee in its capacity as Authenticating Agent, Paying Agent or Security Registrar. 

        Section 6.7    Corporate Trustee Required; Eligibility.    

        There
shall at all times be a Trustee hereunder that is a Corporation organized and doing business under the laws of the United States of America, any state thereof or the District of
Columbia, that is eligible under Section 310(a)(1) of the Trust Indenture Act to act as trustee under an indenture qualified under the Trust Indenture Act and that has a combined capital and
surplus (computed in accordance with Section 310(a)(2) of the Trust Indenture Act) of at least $50,000,000, and that is subject to supervision or examination by Federal or state authority. If
at any time the Trustee 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 6.8    Resignation and Removal; Appointment of Successor.    

        (1)  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 pursuant to Section 6.9. 

42

 

        (2)  The
Trustee may resign at any time with respect to the Securities of all series by giving written notice thereof to the Company and the Guarantors. If the instrument of
acceptance by a successor Trustee required by Section 6.9 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 such series. 

        (3)  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 the Company and the Guarantors. 

        (4)  If
at any time: 

        (a)  the
Trustee shall fail to comply with the obligations imposed upon it under Section 310(b) of the Trust Indenture Act with respect to Securities of any series
after written request therefor by the Company, the Guarantors or any Holder of a Security of such series who has been a bona fide Holder of a Security of such series for at least six months, or 

        (b)  the
Trustee shall cease to be eligible under Section 6.7 and shall fail to resign after written request therefor by the Company, the Guarantors or any such
Holder, or 

        (c)  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, 

then,
in any such case, (i) the Company, by or pursuant to a Board Resolution, or a Guarantor, by or pursuant to such Guarantor's Board Resolution may remove the Trustee with respect to all
Securities or the Securities of such series, or (ii) subject to Section 315(e) of the Trust Indenture Act, any Holder of a Security 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 removal of the Trustee with respect to all Securities
of such series and the appointment of a successor Trustee or Trustees. 

        (5)  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 all series, the Company, by or pursuant to a Board Resolution, and a Guarantor, by or pursuant to such Guarantor's Board Resolution shall promptly appoint a successor Trustee or Trustees with
respect to the Securities of such series (it being understood that any such successor Trustee shall be appointed with respect to the Securities of 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 6.9. If, within one year after such resignation,
removal or incapacity, 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, the Guarantors 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 6.9, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee
appointed by the Company and the Guarantors. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company and the Guarantors or the Holders of
Securities and accepted appointment in the manner required by Section 6.9, any Holder of a Security 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. 

43

 

        (6)  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 the Holders of Registered Securities, if any, of such series as
their names and addresses appear in the Security Register and, if Securities of such series are issued as Bearer Securities, by publishing notice of such event once in an Authorized Newspaper in each
Place of Payment located outside the United States. 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. 

        (7)  In
no event shall any retiring Trustee be liable for the acts or omissions of any successor Trustee hereunder. 

        Section 6.9    Acceptance of Appointment by Successor.    

        (1)  Upon
the appointment hereunder of any successor Trustee with respect to all Securities, such successor Trustee so appointed shall execute, acknowledge and deliver to the
Company, the Guarantors and the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor
Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties hereunder of the retiring Trustee; but, on the request of the Company, the
Guarantors or such successor Trustee, such retiring Trustee, upon payment of its charges, shall execute and deliver an instrument transferring
to such successor Trustee all the rights, powers and trusts of the retiring Trustee and, subject to Section 10.3, shall duly assign, transfer and deliver to such successor Trustee all property
and money held by such retiring Trustee hereunder, subject nevertheless to its claim, if any, provided for in Section 6.6. 

        (2)  Upon
the appointment hereunder of any successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the Guarantors, the retiring
Trustee and such successor Trustee 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, such successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such
provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to
which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to
provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such Trustees
co-trustees of the same trust, that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such
Trustee and that no Trustee shall be responsible for any notice given to, or received by, or any act or failure to act on the part of any other Trustee hereunder, and, upon the execution and delivery
of such supplemental indenture, the resignation or removal of the retiring Trustee shall become effective to the extent provided therein, such retiring Trustee shall have no further responsibility for
the exercise of rights and powers or for the performance of the duties and obligations vested in the Trustee under this Indenture with respect to the Securities of that or those series to which the
appointment of such successor Trustee relates other than as hereinafter expressly set forth, and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the
rights, powers, trusts and duties of the retiring Trustee 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, any Guarantor or such successor Trustee, such retiring Trustee, upon payment of its charges with respect to the Securities of that or those series to which the appointment of such successor
Trustee relates and subject to Section 10.3 shall duly assign, transfer and 

44

 

deliver to such successor Trustee, to the extent contemplated by such supplemental indenture, the property and money held by such retiring Trustee hereunder with respect to the Securities of that or
those series to which the appointment of such successor Trustee relates, subject to its claim, if any, provided for in Section 6.6. 

        (3)  Upon
request of any Person appointed hereunder as a successor Trustee, the Company and the Guarantors 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 (1) or (2) of this Section, as the case may be. 

        (4)  No
Person shall accept its appointment hereunder as a successor Trustee unless at the time of such acceptance such successor Person shall be qualified and eligible under
this Article. 

        Section 6.10    Merger, Conversion, Consolidation or Succession to Business.    

        Any
Corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any Corporation resulting from any merger, conversion or consolidation to which
the Trustee shall be a party, or any Corporation succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, 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 6.11    Appointment of Authenticating Agent.    

        The
Trustee may appoint one or more Authenticating Agents acceptable to the Company with respect to one or more series of Securities which shall be authorized to act on behalf of the
Trustee to authenticate Securities of that or those series issued upon original issue, exchange, registration of transfer, partial redemption or partial repayment or pursuant to Section 3.6,
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 must be acceptable to the Company and the Guarantors and, except as provided in or pursuant to this Indenture, shall at all times be a corporation that would be
permitted by the Trust Indenture Act to act as trustee under an indenture qualified under the Trust Indenture Act, is authorized under applicable law and by its charter to act as an Authenticating
Agent and has a combined capital and surplus (computed in accordance with Section 310(a)(2) of the Trust Indenture Act) of at least $50,000,000. If at any time an Authenticating Agent shall
cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect specified in this Section. 

        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 all or substantially all of the corporate agency or corporate trust business of an Authenticating
Agent, shall be the successor of such Authenticating Agent hereunder, 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. 

45

 

        An
Authenticating Agent may resign at any time by giving written notice thereof to the Trustee, the Guarantors and the Company. The Trustee may at any time terminate the agency of an
Authenticating Agent by giving written notice thereof to such Authenticating Agent, the Guarantors and 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 the Guarantors and shall (i) mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of Registered Securities, if any, of the series with
respect to which such Authenticating Agent shall serve, as their names and addresses appear in the Security Register, and (ii) if Securities of the series are issued as Bearer Securities,
publish notice of such appointment at least once in an Authorized Newspaper in the place where such successor Authenticating Agent has its principal office if such office is located outside the United
States. 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 Guarantors agree to pay each Authenticating Agent from time to time reasonable compensation for its services under this Section. If the Trustee makes such payments,
it shall be entitled to be reimbursed for such payments, subject to the provisions of Section 6.6. 

        The
provisions of Sections 3.8, 6.3 and 6.4 shall be applicable to each Authenticating Agent. 

        If
an Authenticating Agent is appointed with respect to one or more series of Securities pursuant to this Section, the Securities of such series may have endorsed thereon, in addition to
or in lieu of the Trustee's certificate of authentication, an alternate certificate of authentication in substantially the following form: 

        This
is one of the Securities of the series designated herein referred to in the within-mentioned Indenture. 

	 	 	WACHOVIA BANK, NATIONAL ASSOCIATION,

        as Trustee
	

 	
 	

By:	

 
	 	 	 	
 as Authenticating Agent
	

 	
 	

By:	

 
	 	 	 	
 Authorized Signatory

        If
all of the Securities of any series may not be originally issued at one time, and if the Trustee does not have an office capable of authenticating Securities upon original issuance
located in a Place of Payment where the Company wishes to have Securities of such series authenticated upon original issuance, the Trustee, if so requested in writing (which writing need not be
accompanied by or contained in an Officers' Certificate by the Company), shall appoint in accordance with this Section an Authenticating Agent having an office in a Place of Payment designated by the
Company with respect to such series of Securities. 

46

 

 
 

ARTICLE 7    
    
    HOLDERS LISTS AND REPORTS BY TRUSTEE AND COMPANY    
  

        Section 7.1    Company and Guarantors to Furnish Trustee Names and Addresses of Holders.    

        In
accordance with Section 312(a) of the Trust Indenture Act, the Company and the Guarantors shall furnish or cause to be furnished to the Trustee 

        (1)  semi-annually
with respect to Securities of each series not later than June 1 and December 1 of the year or upon such other dates as are set
forth in or pursuant to the Board Resolution or indenture supplemental hereto authorizing such series, a list, in each case in such form as the Trustee may reasonably require, of the names and
addresses of Holders as of the applicable date, and 

        (2)  at
such other times as the Trustee may request in writing, within 30 days after the receipt by the Company or any 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, 

provided,
however, that so long as the Trustee is the Security Registrar no such list shall be required to be furnished. 

        Section 7.2    Preservation of Information; Communications to Holders.    

        The
Trustee shall comply with the obligations imposed upon it pursuant to Section 312 of the Trust Indenture Act. 

        Every
Holder of Securities or Coupons, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company, the Guarantors, the Trustee, any Paying Agent
or any Security Registrar shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders of Securities in accordance with
Section 312(c) of the Trust Indenture Act, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material
pursuant to a request made under Section 312(b) of the Trust Indenture Act. 

        Section 7.3    Reports by Trustee.    

        (1)  Within
60 days after March 1 of each year commencing with the first March 1 following the first issuance of Securities pursuant to
Section 3.1, if required by Section 313(a) of the Trust Indenture Act, the Trustee shall transmit, pursuant to Section 313(c) of the Trust Indenture Act, a brief report dated as
of such March 1 with respect to any of the events specified in said Section 313(a) which may have occurred since the later of the immediately preceding March 1 and the date of
this Indenture. 

        (2)  The
Trustee shall transmit the reports required by Section 313(a) of the Trust Indenture Act at the times specified therein. 

        (3)  Reports
pursuant to this Section shall be transmitted in the manner and to the Persons required by Sections 313(c) and 313(d) of the Trust Indenture Act. 

        Section 7.4    Reports by Company and Guarantors; Rule 144A Information.    

        The
Company and the Guarantors, pursuant to Section 314(a) of the Trust Indenture Act, 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 any Guarantor, as the case may be, may be required to file with the Commission pursuant to 

47

 

Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended; or, if the Parent 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 Securities Exchange Act of 1934, as amended, 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, in accordance with rules and regulations prescribed from time to time by the Commission, such additional information, documents
and reports with respect to compliance by the Company or any Guarantor, as the case may be, with the conditions and covenants of this Indenture as may be required from time to time by such rules and
regulations; 

        (3)  transmit
within 30 days after the filing thereof with the Trustee, in the manner and to the extent provided in Section 313(c) of the Trust Indenture Act,
such summaries of any information, documents and reports required to be filed by the Company or any Guarantor 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. 

        In
addition, in the event that the offer and sale of the Securities of any series has not been registered under the Securities Act of 1933, as amended, in reliance on Section 4(2)
thereof, the Parent Guarantor and, to the extent then required by Rule 144A, the Company and the Subsidiary Guarantors agree that, in order to render such Securities eligible for resale
pursuant to Rule 144A, while any of such Securities remain outstanding and "restricted securities" (within the meaning of Rule 144(a)(3) under the Securities Act of 1933, as amended),
each of the Parent Guarantor and, to the extent then required by Rule 144A, the Company and the Subsidiary Guarantors will make available, upon request, to any
Holder or owner of Securities or prospective purchasers of Securities the information specified in Rule 144A(d)(4) with respect to the Parent Guarantor, the Company and any Subsidiaries, unless
such information is furnished to the Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended. 

 
 

ARTICLE 8    
    
    CONSOLIDATION, MERGER AND SALES    
  

        Section 8.1    Company May Consolidate, etc., Only on Certain Terms.    

        The
Company shall not consolidate with or merge into any other Person (whether or not affiliated with the Company), or convey, transfer or lease its properties and assets as an entirety
or substantially as an entirety to any other Person (whether or not affiliated with the Company), and the Company shall not permit any other Person (whether or not affiliated with the Company) to
consolidate with or merge into the Company or convey, transfer or lease its properties and assets as an entirety or substantially as an entirety to the Company, unless: 

        (1)  in
case the Company shall consolidate with or merge into another Person or convey, transfer or lease its properties and assets as an entirety or substantially as an
entirety to any Person, the Person formed by such consolidation or into which the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets
of the Company as an entirety or substantially as an entirety shall be a Corporation organized and existing under the laws of the United States of America, any state thereof or the District of
Columbia and shall expressly assume, by an indenture (or indentures, if at such time there is more than one Trustee) supplemental hereto, executed by the successor Person and the Guarantors and
delivered to the Trustee, the due and punctual payment of the principal of, any premium and interest on and any Additional Amounts with respect to all the Securities and the performance of every
obligation in this Indenture and the Outstanding Securities on the part of the Company to be performed or observed; 

48

  

        (2)  immediately
after giving effect to such transaction and treating any indebtedness which becomes an obligation of the Company, the Parent Guarantor or another Subsidiary
of the Parent Guarantor as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction, no Event of Default or event which, after notice or
lapse of time, or both, would become an Event of Default, shall have occurred and be continuing; 

        (3)  the
Guarantees shall remain in full force and effect (subject to release in accordance with Section 16.3); and 

        (4)  either
the Company or the successor Person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel, each stating that such consolidation,
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. No such consolidation, merger, conveyance, transfer or lease shall be permitted by this Section unless prior thereto
each Guarantor shall have delivered to the Trustee a Guarantor's Officers' Certificate and an Opinion of Counsel, each stating that such Guarantor's obligations hereunder shall remain in full force
and effect thereafter. 

        Section 8.2    Successor Person Substituted for Company.    

        Upon
any consolidation by the Company with or merger of the Company into any other Person or any conveyance, transfer or lease of the properties and assets of the Company substantially
as an entirety to any Person in accordance with Section 8.1, the successor Person formed by such consolidation or into which the Company 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 under this Indenture with the same effect as if such successor Person had been named as the
Company herein; and thereafter, except in the case of a lease, the predecessor Person shall be released from all obligations and covenants under this Indenture, the Securities and the Coupons. 

        Section 8.3    Parent Guarantor May Consolidate, Etc., Only on Certain Terms.    

        The
Parent Guarantor shall not consolidate with or merge into any other Person (whether or not affiliated with the Parent Guarantor), or convey, transfer or lease its properties and
assets as an entirety or substantially as an entirety to any other Person (whether or not affiliated with the Parent Guarantor), and the Parent Guarantor shall not permit any other Person (whether or
not affiliated with the Parent Guarantor) to consolidate with or merge into the Parent Guarantor or convey, transfer or lease its properties and assets as an entirety or substantially as an entirety
to the Parent Guarantor unless: 

        (1)  in
case the Parent Guarantor shall consolidate with or merge into another Person or convey, transfer or lease its properties and assets as an entirety or substantially
as an entirety to any Person, the Person formed by such consolidation or into which the Parent Guarantor is merged or the Person which acquires by conveyance or transfer, or which leases, the
properties and assets of the Parent Guarantor as an entirety or substantially as an entirety shall be a Corporation organized and existing under the laws of the United States of America, any state
thereof or the District of Columbia and shall expressly assume, by an indenture (or indentures, if at such time there is more than one Trustee) supplemental hereto, executed by the successor Person,
the Company and the Subsidiary Guarantors and delivered to the Trustee, in form satisfactory to the Trustee, the obligation of the Parent Guarantor under the Guarantee and the performance of every
other covenant of this Indenture on the part of the Parent Guarantor to be performed or observed; 

49

 

        (2)  immediately
after giving effect to 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; 

        (3)  the
Guarantees (other than the Guarantee of the Parent Guarantor (subject to clause 8.3(1) hereof)) shall remain in full force and effect (subject to release in
accordance with Section 16.3); and 

        (4)  either
the Parent Guarantor or the successor Person shall have delivered to the Trustee a Guarantor's Officers' Certificate and an Opinion of Counsel, each stating that
such consolidation, 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. No such consolidation, merger, conveyance, transfer or lease shall be permitted by this Section
unless prior thereto each Guarantor shall have delivered to the Trustee a Guarantor's Officers' Certificate and an Opinion of Counsel, each stating that such Guarantor's obligations hereunder shall
remain in full force and effect thereafter. 

        Section 8.4    Successor Person Substituted for Parent Guarantor.    

        Upon
any consolidation or merger or any conveyance, transfer or lease of all or substantially all of the properties and assets of the Parent Guarantor to any Person in accordance with
Section 8.3, the successor Person formed by such consolidation or into which the Parent Guarantor 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 Parent Guarantor under this Indenture with the same effect as if such successor Person had been named as the Parent Guarantor herein,
and thereafter, except in the case of a lease to another Person, the predecessor Person shall be released from all obligations and covenants under this Indenture. 

        Section 8.5    Subsidiaries May Consolidate, Etc., Only on Certain Terms.    

        Nothing
contained in this Indenture or in any of the Securities shall prevent any consolidation or merger of any Subsidiary with or into any other Person or Persons (whether or not
affiliated with such Subsidiary), or successive consolidations or mergers in which such Subsidiary or its successor or successors shall be a party or parties, or shall prevent any conveyance, transfer
or lease of the property of any Subsidiary as an entirety or substantially as an entirety, to any other Person (whether or not affiliated with such Subsidiary); provided,
however that: 

        (1)  in
case any Significant Subsidiary Guarantor shall consolidate with or merge into another Person or convey, transfer or lease its properties and assets substantially as
an entirety to any Person, the entity formed by such consolidation or into which such Significant Subsidiary Guarantor is merged or the Person which acquires by conveyance or transfer, or which
leases, the properties and assets of such Subsidiary Guarantor substantially as a entirety shall be the Parent Guarantor, the Company or another Subsidiary Guarantor organized and existing under the
laws of the United States of America, any state thereof or the District of Columbia, or, subject to release in accordance with Section 16.3, any other Person, and shall (except in connection
with a release) expressly assume, by an indenture (or indentures, if any such time there is more than one Trustee) supplemental hereto, executed and delivered by the Company, the Guarantors and the
successor Person to the Trustee, in form satisfactory to the Trustee, the obligation of such Significant Subsidiary Guarantor under the Guarantee and the performance of every other covenant of this
Indenture on the part of the Significant Subsidiary Guarantor to be performed or observed; 

        (2)  in
case any Subsidiary (other than the Company or a Significant Subsidiary Guarantor) shall consolidate with or merge into another Person or convey, transfer or lease
its properties and 

50

 

assets substantially as an entirety to any Person, the entity formed by such consolidation or into which such Subsidiary is merged or the Person which acquires by conveyance or transfer, or which
leases, the properties and assets of such Subsidiary substantially as an entirety shall, (a) in the case of any such transaction involving the Company, be the Company, (b) in the case of
any such transaction involving the Parent Guarantor, be the Parent Guarantor, and (c) in the case of any such transaction involving a Subsidiary Guarantor, be a Subsidiary Guarantor; 

        (3)  immediately
after giving effect to 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; 

        (4)  the
Guarantees (other than the Guarantee of a Subsidiary Guarantor which consolidates with or merges into another Subsidiary Guarantor) shall remain in full force and
effect (subject to release in accordance with Section 16.3); and 

        (5)  the
Parent Guarantor shall have delivered to the Trustee a Guarantor's Officers' Certificate and an Opinion of Counsel, each stating that such consolidation, 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 8.6    Successor Person Substituted for Subsidiary Guarantor.    

        Subject
to the release provisions set forth in Section 16.3 of this Indenture, upon any consolidation or merger or any conveyance, transfer or lease of the properties and assets
of any Subsidiary Guarantor substantially as an entirety to any Person in accordance with Section 8.5, the successor Person formed by such consolidation or into which such Subsidiary Guarantor
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, such Subsidiary Guarantor under this Indenture
with the same effect as if such successor Person had been named as a Subsidiary Guarantor herein, and thereafter, except in the case of a lease to another Person, the predecessor Person shall be
released from all obligations and covenants under this Indenture. 

 
 

ARTICLE 9    
    
    SUPPLEMENTAL INDENTURES    
  

        Section 9.1    Supplemental Indentures without Consent of Holders.    

        Without
the consent of any Holders of Securities or Coupons, the Company (when authorized by or pursuant to a Board Resolution) a Guarantor (when authorized by such Guarantor's Board
Resolution) and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto, for any of the following purposes: 

        (1)  to
evidence the succession of another Person to the Company or a Guarantor, and the assumption by any such successor of the covenants of the Company or such Guarantor
contained herein and in the Securities; or 

        (2)  to
add to the covenants of the Company or a Guarantor for the benefit of the Holders of all or any series of Securities (as shall be specified in such supplemental
indenture or indentures) or to surrender any right or power herein conferred upon the Company or a Guarantor; or 

        (3)  to
add to or change any of the provisions of this Indenture to provide that Bearer Securities may be registrable as to principal, to change or eliminate any restrictions
on the payment of principal of, any premium or interest on or any Additional Amounts with respect to Securities, to permit Bearer Securities to be issued in exchange for Registered Securities, to
permit 

51

 

Bearer Securities to be exchanged for Bearer Securities of other authorized denominations or to permit or facilitate the issuance of Securities in uncertificated form, provided any such action shall
not adversely affect the interests of the Holders of Outstanding Securities of any series or any Coupons appertaining thereto in any material respect; or 

        (4)  to
establish the form or terms of Securities of any series and any Coupons appertaining thereto as permitted by Sections 2.1 and 3.1; or 

        (5)  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 6.9; or 

        (6)  to
cure any ambiguity or 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 which shall not adversely affect the interests of the Holders of Securities of any series then Outstanding or any Coupons
appertaining thereto in any material respect; or 

        (7)  to
add to, delete from or revise the conditions, limitations and restrictions on the authorized amount, terms or purposes of issue, authentication and delivery of
Securities, as herein set forth; or 

        (8)  to
add any additional Events of Default with respect to all or any series of Securities (as shall be specified in such supplemental indenture); or 

        (9)  to
supplement any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the defeasance and discharge of any series of
Securities pursuant to Article Four, provided that any such action shall not adversely affect the interests of any Holder of an Outstanding Security of such series and any Coupons appertaining thereto
or any other Outstanding Security or Coupon in any material respect; or 

        (10) to
secure the Securities pursuant to Section 10.5 or otherwise; or 

        (11) to
add a Subsidiary as a Subsequent Subsidiary Guarantor pursuant to the requirements of Section 10.7; or 

        (12) to
amend or supplement any provision contained herein or in any supplemental indenture, provided that no such amendment or supplement shall materially adversely affect
the interests of the Holders of any Securities then Outstanding; or 

        (13) to
comply with any requirement of the Commission in connection with the qualification of this Indenture under the Trust Indenture Act. 

        Section 9.2    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 Guarantors and the Trustee, the Company (when authorized by or pursuant to a Company's Board Resolution), each Guarantor (when authorized by or pursuant to such
Guarantor's 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 or of the Securities of such series; provided, however, that
no such supplemental indenture, without the consent of the Holder of each Outstanding Security affected thereby, shall 

52

 

        (1)  change
the Stated Maturity of the principal of, or any premium or installment of interest on or any Additional Amounts with respect to, any Security, or reduce the
principal amount thereof or the rate (or modify the calculation of such rate) of interest thereon or any Additional Amounts with respect thereto, or any premium payable upon the redemption thereof or
otherwise, or change the obligation of the Company to pay Additional Amounts pursuant to Section 10.4 (except as contemplated by Section 8.1(1) and permitted by Section 9.1(1)),
or reduce the amount of the principal of an Original Issue Discount Security that would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.2 or
the amount thereof provable in bankruptcy pursuant to Section 5.4, change the redemption provisions or adversely affect the right of repayment at the option of any Holder as contemplated by
Article Thirteen, or change the Place of Payment, Currency in which the principal of, any premium or interest on, or any Additional Amounts with respect to any Security 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, in the case of repayment at the
option of the Holder, on or after the date for repayment), in each case, as provided herein, or 

        (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 reduce the requirements of Section 15.4 for quorum or voting, or 

        (3)  modify
or effect in any manner adverse to the Holders the terms and conditions of the obligations of the Guarantors in respect of the due and punctual payments of
principal of, or any premium or interest on, or any sinking fund requirements or Additional Amounts with respect to, the Securities, or 

        (4)  modify
any of the provisions of this Section, Section 5.13 or Section 10.8, 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. 

        A
supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which shall have been included expressly and 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. 

        It
shall not be necessary for any Act of Holders of Securities 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 9.3    Execution of Supplemental Indentures.    

        As
a condition to executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trust created by this
Indenture, the Trustee shall be provided, and (subject to Section 315 of the Trust Indenture Act) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of
such supplemental indenture is authorized or permitted by this Indenture and an Officers' Certificate stating that all conditions precedent to the execution of such supplemental indenture have been
fulfilled. 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. 

53

 

        Section 9.4    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 a Security theretofore or thereafter authenticated and delivered hereunder and of any Coupon appertaining thereto shall be bound thereby. 

        Section 9.5    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 shall so determine, new Securities of any series so modified as to conform, in the opinion
of the Trustee and the Company, to any such supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of
such series. 

        Section 9.6    Conformity with Trust Indenture Act.    

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

        Section 9.7    Notice of Supplemental Indenture.    

        Promptly
after the execution by the Company and the Trustee of any supplemental indenture pursuant to Section 9.2, the Company shall transmit to the Holders of Outstanding
Securities of any series affected thereby a notice setting forth the substance of such supplemental indenture. 

 
 

ARTICLE 10    
    
    COVENANTS    
  

        Section 10.1    Payment of Principal, any Premium, Interest and Additional Amounts.    

        The
Company covenants and agrees for the benefit of the Holders of the Securities of each series that it will duly and punctually pay the principal of, any premium and interest on and
any Additional Amounts with respect to the Securities of such series in accordance with the terms thereof, any supplement hereto any Coupons appertaining thereto and this Indenture. Any interest due
on any Bearer Security on or before the Maturity thereof, and any Additional Amounts payable with respect to such interest, shall be payable only upon presentation and surrender of the Coupons
appertaining thereto for such interest as they severally mature. 

        Section 10.2    Maintenance of Office or Agency.    

        The
Company or a Guarantor shall maintain in each Place of Payment for any series of Securities an Office or Agency where Securities of such series (but not Bearer Securities, except as
otherwise provided below, unless such Place of Payment is located outside the United States) may be presented or surrendered for payment, where Securities of such series may be surrendered for
registration of transfer or exchange, and where notices and demands to or upon the Company or a Guarantor in respect of the Securities of such series relating thereto and this Indenture may be served.
If Securities of a series are issuable as Bearer Securities, the Company or a Guarantor shall maintain, subject to any laws or regulations applicable thereto, an Office or Agency in a Place of Payment
for such series which is located outside the United States where Securities of such series and any Coupons appertaining thereto may be presented and surrendered for payment; provided, however, that if
the Securities of such series are listed on The Stock Exchange of the United Kingdom and the Republic of Ireland or the Luxembourg Stock Exchange or any other stock exchange located outside the United
States and 

54

 

such stock exchange shall so require, a Company or the Guarantor shall maintain a Paying Agent in London, Luxembourg or any other required city located outside the United States, as the case may be,
so long as the Securities of such series are listed on such exchange. The Company or 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 Company or such 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, except that Bearer Securities of such series and any Coupons appertaining thereto may
be presented and surrendered for payment at the place specified for the purpose with respect to such Securities as provided in or pursuant to this Indenture, and the Company and the Guarantors hereby
appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands. 

        Except
as otherwise provided in or pursuant to this Indenture, no payment of principal, premium, interest or Additional Amounts with respect to Bearer Securities shall be made at any
Office or Agency in the United States or by check mailed to any address in the United States or by transfer to an account maintained with a bank located in the United States; provided, however, if
amounts owing with respect to any Bearer Securities shall be payable in Dollars, payment of principal of, any premium or interest on and any Additional Amounts with respect to any such Security may be
made at the Corporate Trust Office of the Trustee or any Office or Agency designated by the Company or a Guarantor in the Borough of Manhattan, The City of New York, if (but only if) payment of the
full amount of such principal, premium, interest or Additional Amounts at all offices outside the United States maintained for such purpose by the Company or such Guarantor in accordance with this
Indenture is illegal or effectively precluded by exchange controls or other similar restrictions. 

        The
Company or a 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 any
or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company or such Guarantor of its
obligation to maintain an Office or Agency in each Place of Payment for Securities of any series for such purposes. The Company or a Guarantor shall 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. Unless otherwise provided in or pursuant to this Indenture, the Company and the Guarantors hereby
designates as the Place of Payment for each series of Securities the Borough of Manhattan, The City of New York, and initially appoints the corporate trust office of the Trustee located at 12 East
49th Street, 37th Floor, New York, NY 10017, the Office or Agency of the Company or the Guarantor, as the case may be, in the Borough of Manhattan, The City of New York for
such purpose. The Company or a Guarantor may subsequently appoint a different Office or Agency in the Borough of Manhattan, The City of New York or any other Place of Payment for the Securities of any
series. 

        Section 10.3    Money for Securities Payments to Be Held in Trust.    

        If
the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it shall, on or before each due date of the principal of, any premium or interest
on or Additional
Amounts with respect to any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum in the currency or currencies, currency unit or units or
composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 3.1 for the Securities of such series) sufficient to pay
the principal or any premium, interest or Additional Amounts so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and shall promptly notify the
Trustee of its action or failure so to act. 

        Whenever
the Company shall have one or more Paying Agents for any series of Securities, it shall, on or prior to each due date of the principal of, any premium or interest on or any
Additional 

55

 

Amounts with respect to any Securities of such series, deposit with any Paying Agent a sum (in the currency or currencies, currency unit or units or composite currency or currencies described in the
preceding paragraph) sufficient to pay the principal or any premium, interest or Additional Amounts so becoming due, such sum to be held in trust for the benefit of the Persons entitled thereto, 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 shall 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 shall: 

        (1)  hold
all sums held by it for the payment of the principal of, any premium or interest on or any Additional Amounts with respect to Securities of such series in trust for
the benefit of the Persons entitled thereto until such sums shall be paid to such Persons or otherwise disposed of as provided in or pursuant to this Indenture; 

        (2)  give
the Trustee notice of any default by the Company or any Guarantor (or any other obligor upon the Securities of such series) in the making of any payment of
principal, any premium or interest on or any Additional Amounts with respect to the Securities of such series; and 

        (3)  at
any time during the continuance of any such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying
Agent. 

        The
Company or a Guarantor 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 or Guarantor
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 terms 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 sums. 

        Except
as otherwise provided herein or pursuant hereto, any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal
of, any premium or interest on or any Additional Amounts with respect to any Security of any series or any Coupon appertaining thereto and remaining unclaimed for two years after such principal or any
such premium or interest or any such Additional Amounts shall have become due and payable shall be paid to the Company on Company Request (or if deposited by a Guarantor, paid to such Guarantor on
Guarantor Request), or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security or any Coupon appertaining thereto shall thereafter, as an unsecured general
creditor, look only to the Company and the Guarantors 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 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 in the case of
Bearer Securities cause to be published once, in an Authorized Newspaper in each Place of Payment for such series or in the case of Registered Securities to be mailed to Holders of such Registered
Securities of such series, 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 or mailing
nor shall it be later than two years after such principal and any premium or interest or Additional Amounts shall have become due and payable, any unclaimed balance of such money then remaining will
be repaid to the Company or the Guarantors, as the case may be. 

56

  

        Section 10.4    Additional Amounts.    

        If
any Securities of a series provide for the payment of Additional Amounts, the Company and the Guarantors agree to pay to the Holder of any such Security or any Coupon appertaining
thereto Additional Amounts as provided in or pursuant to this Indenture or such Securities. Whenever in this Indenture there is mentioned, in any context, the payment of the principal of or any
premium or interest on, or in respect of, any Security of any series or any Coupon or the net proceeds received on the sale or exchange of any Security of any series, such mention shall be deemed to
include mention of the payment of Additional Amounts provided by the terms of such series established hereby or pursuant hereto to the extent that, in such context, Additional Amounts are, were or
would be payable in respect thereof pursuant to such terms, and express mention of the payment of Additional Amounts (if applicable) in any provision hereof shall not be construed as excluding the
payment of Additional Amounts in those provisions hereof where such express mention is not made. 

        Except
as otherwise provided in or pursuant to this Indenture or the Securities of the applicable series, if the Securities of a series provide for the payment of Additional Amounts, at
least 10 days prior to the first Interest Payment Date with respect to such series of Securities (or if the Securities of such series shall not bear interest prior to Maturity, the first day on
which a payment of principal is made), and at least 10 days prior to each date of payment of principal or interest if there has been any change with respect to the matters set forth in the
below-mentioned Officers' Certificate, the Company or a Guarantor, as the case may be, shall furnish to the Trustee and the principal Paying Agent or Paying Agents, if other than the Trustee, an
Officers' Certificate instructing the Trustee and such Paying Agent or Paying Agents whether such payment of principal of and premium, if any, or interest on the Securities of such series shall be
made to Holders of Securities of such series or the Coupons appertaining thereto who are U.S. Aliens without withholding for or on account of any tax, assessment or other governmental charge described
in the Securities of such series. 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 or Coupons, and the Company agrees to pay to the Trustee or such Paying Agent the Additional Amounts required by the terms of such Securities. The Company and the Guarantors
covenant to indemnify the Trustee and any Paying Agent for, and to hold them harmless against, any loss, liability or expense reasonably incurred without negligence or bad faith on their part 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. 

        Section 10.5    Limitation on Liens; Restriction on Sale-Leasebacks.    

        (1)  The
Company and the Guarantors covenant and agree for the benefit of each series of Securities, other than any series established in or pursuant to a Board Resolution or
in one or more indentures supplemental hereto which specifically provide otherwise, that for so long as the Securities of any applicable series are outstanding, the Company and the Guarantors will
not, and will not permit any Subsidiary to, create, assume, incur or suffer to exist any Lien upon any Principal Property or upon any shares of Capital Stock or Debt of any Subsidiary owning or
leasing any Principal Property, whether owned or leased on the date of this Indenture or thereafter acquired, other than Permitted Liens or as permitted under subsection (3) below, to secure
any Debt incurred or guaranteed by the Company, the Guarantors or any Subsidiary (other than the applicable series of Securities), without in any such case making effective provision whereby all of
the Securities of the applicable series then outstanding (together with, if the Company so determines, any other Debt or guarantee thereof by the Company or the Guarantors ranking equally with the
applicable series of Securities) shall be secured equally and ratably with, or prior to, such Debt so long as such Debt shall be so secured. 

        "Permitted
Liens" means 

        (a)  Liens
for taxes, assessments or governmental charges or levies on property if the same shall not at the time be delinquent or thereafter can be paid without penalty, or
are being 

57

 

contested in good faith and by appropriate proceedings and for which adequate reserves shall have been established in accordance with GAAP; 

        (b)  Liens
imposed by law, such as landlord's, carriers', warehousemen's and mechanics' Liens and other similar Liens arising in the ordinary course of business that secure
payment of obligations not more than 60 days past due or that are being contested in good faith by appropriate proceedings and for which adequate reserves have been in accordance with GAAP; 

        (c)  Liens
arising out of pledges or deposits under worker's compensation laws, unemployment insurance, old age pensions, or other social security or retirement benefits, or
similar legislation (other than Liens in favor of the Pension Benefit Guaranty Corporation); or good faith deposits in connection with bids, tenders, contracts (other than for the payment of Debt) or
leases or subleases to which the Company, the Parent Guarantor or any other Subsidiary of the Parent Guarantor is a party, or deposits to secure public or statutory obligations of the Company, the
Parent Guarantor or any other Subsidiary of the Parent Guarantor or deposits of cash or United States government bonds to secure surety or appeal bonds to which the Company, the Parent Guarantor or
any other Subsidiary of the Parent Guarantor is a party, or deposits as security for contested taxes or import duties or for the payment of rent, in each case incurred in the ordinary course of
business; 

        (d)  utility
easements, building restrictions and such other encumbrances or charges against real property as are of a nature generally existing with respect to properties of
a similar character and that do not in any material way affect the marketability of the same or interfere with the use thereof in the business of the Parent Guarantor or its Subsidiaries; 

        (e)  Liens
existing on the date of the original issuance of the applicable series of Securities, provided that no increase in the principal amount secured thereby is
permitted; 

        (f)    Liens
on property or assets of any Person existing at the time such Person becomes a Subsidiary or is merged with or into or consolidated with the Company, the Parent
Guarantor or any other Subsidiary of the Parent Guarantor, or at the time of a sale, lease or other disposition of the properties of a Person as an entirety or substantially as an entirety to the
Company, the Parent Guarantor or any other Subsidiary of the Parent Guarantor or arising thereafter pursuant to contractual commitments entered into prior to and not in contemplation of such Person
becoming a Subsidiary and not in contemplation of any such merger or consolidation or any such sale, lease or other disposition; provided that such Liens shall not extend to any other property or
assets of the Company, the Parent Guarantor or any other Subsidiary of the Parent Guarantor; 

        (g)  Liens
on property or assets of the Company, the Parent Guarantor or any other Subsidiary of the Parent Guarantor existing at the time of acquisition thereof (including
acquisitions through merger or consolidation); provided that such Liens were in existence prior to and were not created in contemplation of such acquisition and shall not extend to property or assets
of the Company, the Parent Guarantor or any other Subsidiary of the Parent Guarantor; and 

        (h)  any
extension, renewal or replacement (or successive extensions, renewals or replacements) in whole or in part of any Lien referred to in the foregoing clauses,
provided, however, that the principal amount of Debt so secured thereby shall not exceed the principal amount of Debt so secured prior to such extension, renewal or replacement and that such
extension, renewal or replacement Lien shall be limited to all or a part of the assets that secured the Lien so extended, renewed or replaced (plus improvements and construction on such real
property). 

        (2)  Except
as permitted under subsection (3) below, the Company and the Guarantors will not, and will not permit any Subsidiary to, engage in the sale or transfer by
the Company, the Guarantors or any Subsidiary of any Principal Property to a person (other than the Parent Guarantor or a 

58

 

Subsidiary of the Parent Guarantor) and the taking back by the Parent Guarantor or any Subsidiary of the Parent Guarantor, as the case may be, of a lease of such Principal Property, unless: 

        (a)  such
sale-leaseback transaction involves a lease for a period, including renewals, of not more than three years; or 

        (b)  the
Company, the Guarantors or such Subsidiary, within a one-year period after such sale-leaseback transaction, applies or causes to be applied
an amount not less than the net proceeds from such
sale-leaseback transaction to the prepayment, repayment, redemption, reduction or retirement (other than pursuant to any mandatory sinking fund, redemption or prepayment provision) of
Funded Debt. 

        (3)  Notwithstanding
the foregoing restrictions on Liens and sale-leaseback transactions, the Company and the Guarantors may, and may permit any Subsidiary to,
create, assume, incur, or suffer to exist any Lien upon any Principal Property or upon any shares of Capital Stock or Debt of any Subsidiary owning or leasing any Principal Property to secure Debt
incurred or guaranteed by the Parent Guarantor or any Subsidiary (other than the applicable series of Securities) or effect any sale-leaseback transaction of a Principal Property that is
not a Permitted Lien or excepted by clauses (a) and (b) of subsection (2) above without equally and ratably securing the Securities of the applicable series provided that, after
giving effect thereto, the aggregate principal amount of outstanding Debt (other than the applicable series of Securities) secured by Liens, other than Permitted Liens upon Principal Property, and/or
upon such shares of Capital Stock or Debt, plus the Attributable Debt from sale-leaseback transactions of Principal Property, not so excepted, do not exceed 15% of Consolidated Net Worth. 

        Section 10.6    Legal Existence.    

        Subject
to Article Eight, each of the Company and the Parent Guarantor shall do or cause to be done all things necessary to preserve and keep in full force and effect its legal existence
and that of each Significant Subsidiary, their respective rights (charter and statutory) and franchises; provided, however, that the foregoing shall not obligate the Company, the Parent Guarantor or
any Significant Subsidiary to preserve any such right or franchise if the Parent Guarantor shall determine that the preservation thereof is no longer desirable in the conduct of its business or the
business of the Company or such Significant Subsidiary and that the loss thereof is not disadvantageous in any material respect to any Holder. 

        Section 10.7    Subsequent Subsidiary Guarantors.    

        Subject
to Article Sixteen, the Company and the Parent Guarantor shall cause each Person that falls within the definition of Subsequent Subsidiary Guarantor to become a Guarantor
hereunder and thereby to fully and unconditionally guarantee the due and punctual payment of the principal of, interest on and any other amounts payable under the Securities, when and if the same
shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, upon redemption, repurchase or repayment or otherwise, by execution of an indenture supplemental hereto
that adds such Person as a Subsequent Subsidiary Guarantor. 

        Section 10.8    Waiver of Certain Covenants.    

        The
Company or a Guarantor, as the case may be, may omit in any particular instance to comply with any term, provision or condition set forth in Section 10.5 with respect to the
Securities of any series if
before the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such series, by Act of such Holders, either shall waive such compliance in
such instance or generally shall have waived 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 

59

 

Guarantors and the duties of the Trustee in respect of any such term, provision or condition shall remain in full force and effect. 

        Section 10.9    Company Statement as to Compliance; Notice of Certain Defaults.    

        (1)  The
Company shall deliver to the Trustee, within 120 days after the end of each fiscal year, a written statement (which need not be contained in or accompanied by
an Officers' Certificate) signed by the principal executive officer, the principal financial officer or the principal accounting officer of the Company, stating that 

        (a)  a
review of the activities of the Company during such year and of its performance under this Indenture has been made under his or her supervision, and 

        (b)  to
the best of his or her knowledge, based on such review, (a) the Company has complied with all the conditions and covenants imposed on it under this Indenture
throughout such year, or, if there has been a default in the fulfillment of any such condition or covenant, specifying each such default known to him or her and the nature and status thereof, and
(b) no event has occurred and is continuing which is, or after notice or lapse of time or both would become, an Event of Default, or, if such an event has occurred and is continuing, specifying
each such event known to him and the nature and status thereof. 

        (2)  The
Company shall deliver to the Trustee, within five days after the occurrence thereof, written notice of any Event of Default or any event which after notice or lapse
of time or both would become an Event of Default pursuant to clause (4) of Section 5.1. 

        (3)  The
Trustee shall have no duty to monitor the Company's compliance with the covenants contained in this Article 10 other than as specifically set forth in this
Section 10.9. 

        Section 10.10    Guarantor Statement as to Compliance; Notice of Certain Defaults.    

        (1)  Each
Guarantor shall deliver to the Trustee, within 120 days after the end of each fiscal year, a written statement (which need not be contained in or accompanied
by an Officers' Certificate) signed by the principal executive officer, the principal financial officer or the principal accounting officer of such Guarantor, stating that 

        (a)  a
review of the activities of such Guarantor during such year and of performance under this Indenture has been made under his or her supervision, and 

        (b)  to
the best of his or her knowledge, based on such review, (a) such Guarantor has complied with conditions and covenants imposed on it under this Indenture
throughout such year, or, if there has been a default in the fulfillment of any such condition or covenant, specifying each such default known to him or her and the nature and status thereof, and
(b) no event has occurred and is continuing which constitutes, or which after notice or lapse of time or both would become, an Event of Default, or, if such an event has occurred and is
continuing, specifying each such event known to him and the nature and status thereof. 

        (2)  A
Guarantor shall deliver to the Trustee, within five days after the occurrence thereof, written notice of any event which after notice or lapse of time or both would
become an Event of Default pursuant to clause (4) of Section 5.1. 

        (3)  The
Trustee shall have no duty to monitor the Guarantors' compliance with the covenants contained in this Article 10 other than as specifically set forth in this
Section 10.10. 

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ARTICLE 11    
    
    REDEMPTION OF SECURITIES    
  

        Section 11.1    Applicability of Article.    

        Redemption
of Securities of any series at the option of the Company as permitted or required by the terms of such Securities shall be made in accordance with the terms of such Securities
and (except as otherwise provided herein or pursuant hereto) this Article. 

        Section 11.2    Election to Redeem; Notice to Trustee.    

        The
election of the Company to redeem any Securities shall be evidenced by or pursuant to a Board Resolution. In case of any redemption at the election of the Company of (a) less
than all of the Securities of any series or (b) all of the Securities of any series, with the same issue date, interest rate or formula, Stated Maturity and other terms, the Company shall, at
least 60 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. 

        Section 11.3    Selection by Trustee of Securities to be Redeemed.    

        If
less than all of the Securities of any series with the same issue date, interest rate or formula, Stated Maturity and other terms are to be redeemed, 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 of the principal amount of Registered Securities of such series; provided, however,
that no such partial redemption shall reduce the portion of the principal amount of a Registered Security of such series not redeemed to less than the minimum denomination for a Security of such
series established herein or pursuant hereto. 

        The
Trustee shall promptly notify the Company and the Security Registrar (if other than itself) 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. 

        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 of such Securities which has been or is to be redeemed. 

        Section 11.4    Notice of Redemption.    

        Notice
of redemption shall be given in the manner provided in Section 1.6, not less than 30 nor more than 60 days prior to the Redemption Date, unless a shorter period is
specified in the Securities to be
redeemed, to the Holders of Securities to be redeemed. Failure to give notice by mailing in the manner herein provided to the Holder of any Registered Securities designated for redemption as a whole
or in part, or any defect in the notice to any such Holder, shall not affect the validity of the proceedings for the redemption of any other Securities or portion thereof. 

        Any
notice that is mailed to the Holder of any Registered Securities in the manner herein provided shall be conclusively presumed to have been duly given, whether or not such Holder
receives the notice. 

        All
notices of redemption shall state: 

        (1)  the
Redemption Date, 

        (2)  the
Redemption Price, 

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        (3)  if
less than all Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption, the principal amount) of the
particular Security or Securities to be redeemed, 

        (4)  in
case any Security is to be redeemed in part only, the notice which relates to such Security shall state that on and after the Redemption Date, upon surrender of such
Security, the Holder of such Security will receive, without charge, a new Security or Securities of authorized denominations for the principal amount thereof remaining unredeemed, 

        (5)  that,
on the Redemption Date, the Redemption Price shall become due and payable upon each such Security or portion thereof to be redeemed, and, if applicable, that
interest thereon shall cease to accrue on and after said date, 

        (6)  the
place or places where such Securities, together (in the case of Bearer Securities) with all Coupons appertaining thereto, if any, maturing after the Redemption Date,
are to be surrendered for payment of the Redemption Price and any accrued interest and Additional Amounts pertaining thereto, 

        (7)  that
the redemption is for a sinking fund, if such is the case, 

        (8)  that,
unless otherwise specified in such notice, Bearer Securities of any series, if any, surrendered for redemption must be accompanied by all Coupons maturing
subsequent to the date fixed for redemption or the amount of any such missing Coupon or Coupons will be deducted from the Redemption Price, unless security or indemnity satisfactory to the Company,
the Trustee and any Paying Agent is furnished, 

        (9)  if
Bearer Securities of any series are to be redeemed and no Registered Securities of such series are to be redeemed, and if such Bearer Securities may be exchanged for
Registered Securities not subject to redemption on the Redemption Date pursuant to Section 3.5 or otherwise, the last date, as determined by the Company, on which such exchanges may be made,
and 

        (10) the
CUSIP number or the Euroclear or Clearstream reference numbers of such Securities, if any (or any other numbers used by a Depository to identify such Securities). 

        A
notice of redemption published as contemplated by Section 1.6 need not identify particular Registered Securities to be redeemed. 

        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 11.5    Deposit of Redemption Price.    

        On
or prior to any Redemption Date, the Company shall deposit, with respect to the Securities of any series called for redemption pursuant to Section 11.4, 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 10.3) an amount of money in the applicable Currency sufficient to
pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date, unless otherwise specified pursuant to Section 3.1 or in the Securities of such series) any
accrued interest on and Additional Amounts with respect thereto, all such Securities or portions thereof which are to be redeemed on that date. 

        Section 11.6    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 

62

 

accrued interest) such Securities shall cease to bear interest and the Coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be
void. Upon surrender of any such Security for redemption in accordance with said notice, together with all Coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall
be paid by the Company at the Redemption Price, together with any accrued interest and Additional Amounts to the Redemption Date; provided, however, that, except as otherwise provided in or pursuant
to this Indenture or the Bearer Securities of such series, installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only upon
presentation and surrender of Coupons for such interest (at an Office or Agency located outside the United States except as otherwise provided in Section 10.2), and provided, further, that,
except as otherwise specified in or pursuant to this Indenture or the Registered Securities of such series, installments of interest on Registered Securities 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 Regular Record Dates therefor
according to their terms and the provisions of Section 3.7. 

        If
any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant Coupons maturing after the Redemption Date, such Security may be paid after deducting from
the Redemption Price an amount equal to the face amount of all such missing Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be
furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any
Paying Agent any such missing Coupon in respect of which a deduction shall have been made from the Redemption Price, such Holder shall be entitled to receive the amount so deducted; provided, however,
that any interest or Additional Amounts represented by Coupons shall be payable only upon presentation and surrender of those Coupons at an Office or Agency for such Security located outside of the
United States except as otherwise provided in Section 10.2. 

        If
any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium, until paid, shall bear interest from the Redemption Date
at the rate prescribed therefor in the Security. 

        Section 11.7    Securities Redeemed in Part.    

        Any
Registered Security which is to be redeemed only in part shall be surrendered at any Office or Agency for such Security (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 Registered Security or Securities of the same series, containing identical
terms and provisions, 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 so surrendered. If a Security in
global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the U.S. Depository or other Depository for such Security in global form as shall be
specified in the Company Order with respect thereto to the Trustee, without service charge, a new Security in global form in a denomination equal to and in exchange for the unredeemed portion of the
principal of the Security in global form so surrendered. 

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ARTICLE 12    
    
    SINKING FUNDS    
  

        Section 12.1    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 permitted or required in or pursuant to this
Indenture or any Security of such series issued pursuant to this Indenture. 

        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 such 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 12.2. 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 and this Indenture. 

        Section 12.2    Satisfaction of Sinking Fund Payments with Securities.    

        The
Company may, in satisfaction of all or any part of any sinking fund payment with respect to the Securities of any series to be made pursuant to the terms of such Securities
(1) deliver Outstanding Securities of such series (other than any of such Securities previously called for redemption or any of such Securities in respect of which cash shall have been released
to the Company), together in the case of any Bearer Securities of such series with all unmatured Coupons appertaining thereto, and (2) apply
as a credit Securities of such series which have been redeemed either at the election of the Company pursuant to the terms of such series of Securities or through the application of permitted optional
sinking fund payments pursuant to the terms of such Securities, provided that such series of 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. If, as a result of the delivery or credit of Securities of any series in lieu of cash payments pursuant to this Section 12.2, the principal amount of Securities of such series to
be redeemed in order to satisfy the remaining sinking fund payment shall be less than $100,000, the Trustee need not call Securities of such series for redemption, except upon Company Request, and
such cash payment shall be held by the Trustee or a Paying Agent and applied to the next succeeding sinking fund payment, provided, however, that the Trustee or such Paying Agent shall at the request
of the Company from time to time pay over and deliver to the Company any cash payment so being held by the Trustee or such Paying Agent upon delivery by the Company to the Trustee of Securities of
that series purchased by the Company having an unpaid principal amount equal to the cash payment requested to be released to the Company. 

        Section 12.3    Redemption of Securities for Sinking Fund.    

        Not
less than 75 days prior to each sinking fund payment date for any series of Securities, the Company shall deliver to the Trustee an Officers' Certificate specifying the amount
of the next ensuing mandatory 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 of Securities of that series pursuant to Section 12.2, and the optional amount, if any, to be added in cash to the next
ensuing mandatory sinking fund payment, and will also deliver to the Trustee any Securities to be so credited and not theretofore delivered. If such Officers' Certificate shall specify an optional
amount to be added in cash to the next ensuing mandatory sinking fund payment, the Company shall thereupon be obligated to pay the amount therein specified. Not less 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 11.3 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 11.4. Such notice having been duly given, the redemption of such Securities
shall be made upon the terms and in the manner stated in Sections 11.6 and 11.7. 

64

  

 
 

ARTICLE 13    
    
    REPAYMENT AT THE OPTION OF HOLDERS    
  

        Section 13.1    Applicability of Article.    

        Securities
of any series which are repayable at the option of the Holders thereof before their Stated Maturity shall be repaid in accordance with the terms of the Securities of such
series. The repayment of any principal amount of Securities pursuant to such option of the Holder to require repayment of Securities before their Stated Maturity, for purposes of Section 3.9,
shall not operate as a payment, redemption or satisfaction of the Debt represented by such Securities unless and until the Company, at its option, shall deliver or surrender the same to the Trustee
with a directive that such Securities be cancelled. Notwithstanding anything to the contrary contained in this Section 13.1, in connection with any repayment of Securities, the Company may
arrange for the purchase of any Securities by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Holders of such Securities on or before
the close of business on the repayment date an amount not less than the repayment price payable by the Company on repayment of such Securities, and the obligation of the Company to pay the repayment
price of such Securities shall be satisfied and discharged to the extent such payment is so paid by such purchasers. 

 
 

ARTICLE 14    
    
    SECURITIES IN FOREIGN CURRENCIES    
  

        Section 14.1    Applicability of Article.    

        Whenever
this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are
denominated in the same Currency, or (ii) any distribution to Holders of Securities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant
to this Indenture or the Securities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action or distribution as that amount of Dollars
that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of
rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Company may
specify in a written notice to the Trustee. 

 
 

ARTICLE 15    
    
    MEETINGS OF HOLDERS OF SECURITIES    
  

        Section 15.1    Purposes for Which Meetings May Be Called.    

        A
meeting of Holders of Securities of any series may be called at any time and from time to time pursuant to this Article to make, give or take any request, demand, authorization,
direction, notice, consent, waiver or other Act provided by this Indenture to be made, given or taken by Holders of Securities of such series. 

        Section 15.2    Call, Notice and Place of Meetings.    

        (1)  The
Trustee may at any time call a meeting of Holders of Securities of any series for any purpose specified in Section 15.1, to be held at such time and at such
place in the Borough of Manhattan, The City of New York, or, if Securities of such series have been issued in whole or in part as Bearer Securities, in London or in such place outside the United
States as the Trustee shall determine. Notice of every meeting of Holders of Securities of any series, setting forth the time and the place of such meeting and in general terms the action proposed to
be taken at such meeting, shall be 

65

 

given, in the manner provided in Section 1.6, not less than 21 nor more than 180 days prior to the date fixed for the meeting. 

        (2)  In
case at any time the Company (by or pursuant to a Board Resolution), a Guarantor, (by or pursuant to a Guarantor's Board Resolution) or the Holders of at least 10% in
principal amount of the Outstanding Securities of any series shall have requested the Trustee to call a meeting of the Holders of Securities of such series for any purpose specified in
Section 15.1, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have mailed notice of or made the first publication
of the notice of such meeting within 21 days after receipt of such request (whichever shall be required pursuant to Section 1.6) or shall not thereafter proceed to cause the meeting to
be held as provided herein, then the Company or the Holders of Securities of such series in the amount above specified, as the case may be, may determine the time and the place in the Borough of
Manhattan, The City of New York, or, if Securities of such series are to be issued as Bearer Securities, in London for such meeting and may call such meeting for such purposes by giving notice thereof
as provided in clause (1) of this Section. 

        Section 15.3    Persons Entitled to Vote at Meetings.    

        To
be entitled to vote at any meeting of Holders of Securities of any series, a Person shall be (1) a Holder of one or more Outstanding Securities of such series, or (2) a
Person appointed by an instrument in writing as proxy for a Holder or Holders of one or more Outstanding Securities of such series by such Holder or Holders. The only Persons who shall be entitled to
be present or to speak at any meeting of Holders of Securities of any series shall be the Persons entitled to vote at such meeting and their counsel, any representatives of the Trustee and its
counsel, any representatives of the Guarantor and its counsel and any representatives of the Company and its counsel. 

        Section 15.4    Quorum; Action.    

        The
Persons entitled to vote a majority in principal amount of the Outstanding Securities of a series shall constitute a quorum for any meeting of Holders of Securities of such series.
In the absence of a quorum within 30 minutes after the time appointed for any such meeting, the meeting shall, if convened at the request of Holders of Securities of such series, be dissolved. In any
other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum
at any reconvened meeting, such reconvened meeting may be further adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such
reconvened meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 15.2(1), except that such notice need be given only once not less than five days
prior to the date on which the meeting is scheduled to be reconvened. Notice of the reconvening of an adjourned meeting shall state expressly the percentage, as provided above, of the principal amount
of the Outstanding Securities of such series which shall constitute a quorum. 

        Except
as limited by the proviso to Section 9.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be
adopted only by the affirmative vote of the Holders of a majority in principal amount of the Outstanding Securities of that
series; provided, however, that, except as limited by the proviso to Section 9.2, any resolution with respect to any request, demand, authorization, direction, notice, consent, waiver or other
Act which this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of the Outstanding Securities of a
series may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the Holders of such specified percentage in
principal amount of the Outstanding Securities of such series. 

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        Any
resolution passed or decision taken at any meeting of Holders of Securities of any series duly held in accordance with this Section shall be binding on all the Holders of Securities
of such series and the Coupons appertaining thereto, whether or not such Holders were present or represented at the meeting. 

        Section 15.5    Determination of Voting Rights; Conduct and Adjournment of Meetings.    

        (1)  Notwithstanding
any other provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem advisable for any meeting of Holders of
Securities of such series in regard to proof of the holding of Securities of such series and of the appointment of proxies and in regard to the appointment and duties of inspectors of votes, the
submission and examination of proxies, certificates and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall deem appropriate. Except as
otherwise permitted or required by any such regulations, the holding of Securities shall be proved in the manner specified in Section 1.4 and the appointment of any proxy shall be proved in the
manner specified in Section 1.4 or by having the signature of the person executing the proxy witnessed or guaranteed by any trust company, bank or banker authorized by Section 1.4 to
certify to the holding of Bearer Securities. Such regulations may provide that written instruments appointing proxies, regular on their face, may be presumed valid and genuine without the proof
specified in Section 1.4 or other proof. 

        (2)  The
Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Holders of
Securities as provided in Section 15.2(2), in which case the Company, a Guarantor or the Holders of Securities of the series calling the meeting, as the case may be, shall in like manner
appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by vote of the Persons entitled to vote a majority in principal amount of the Outstanding
Securities of such series represented at the meeting. 

        (3)  At
any meeting, each Holder of a Security of such series or proxy shall be entitled to one vote for each $1,000 principal amount of Securities of such series held or
represented by him; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as
not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote, except as a Holder of a Security of such series or proxy. 

        (4)  Any
meeting of Holders of Securities of any series duly called pursuant to Section 15.2 at which a quorum is present may be adjourned from time to time by Persons
entitled to vote a majority in principal amount of the Outstanding Securities of such series represented at the meeting; and the meeting may be held as so adjourned without further notice. 

        Section 15.6    Counting Votes and Recording Action of Meetings.    

        The
vote upon any resolution submitted to any meeting of Holders of Securities of any series shall be by written ballots on which shall be subscribed the signatures of the Holders of
Securities of such series or of their representatives by proxy and the principal amounts and serial numbers of the Outstanding Securities of such series held or represented by them. The permanent
chairman of the meeting shall appoint two inspectors of votes who shall count all votes cast at the meeting for or against any resolution and who shall make and file with the secretary of the meeting
their verified written reports in triplicate of all votes cast at the meeting. A record, at least in triplicate, of the proceedings of each meeting of Holders of Securities of any series shall be
prepared by the secretary of the meeting and there shall be attached to said record the original reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more
persons having knowledge of the facts setting forth a copy of the notice of the meeting and showing that said notice was given as provided in Section 15.2 and, if applicable,
Section 15.4. Each copy shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one such copy shall be delivered to the 

67

 

Company and the Guarantors, and another to the Trustee to be preserved by the Trustee, the latter to have attached thereto the ballots voted at the meeting. Any record so signed and verified shall be
conclusive evidence of the matters therein stated. 

 
 

ARTICLE 16    
    
    GUARANTEE    
  

        Section 16.1    Guarantee.    

        Subject
to the provisions of this Article Sixteen, the Guarantors hereby irrevocably and unconditionally guarantee, jointly and severally, on a senior basis to each Holder of a Security
authenticated and delivered by the Trustee the due and punctual payment of the principal of, any premium and interest on, and any Additional Amounts with respect to such Security and the due and
punctual payment of the sinking fund payments (if any) provided for pursuant to the terms of such Security, when and as the same shall become due and payable, whether at maturity, by acceleration,
redemption, repayment or otherwise, and the due and punctual payment of interest on overdue principal of and premium, if any, and interest, if any, on the Securities, to the extent lawful, in
accordance with the terms of such Security and of this Indenture, and the due and punctual performance of all other obligations of the Company, to the Holders or the Trustee all in accordance with the
terms of the Securities and this Indenture (the foregoing, collectively, the "Guaranteed Obligations"). In case of the failure of the Company punctually to pay any such principal, premium, interest,
Additional Amounts or sinking fund payment, each Guarantor hereby agrees to cause any such payment to be made punctually when and as the same shall become due and payable, whether at maturity, upon
acceleration, redemption, repayment or otherwise, and as if such payment were made by the Company. 

        Each
Guarantor hereby agrees that its obligations hereunder shall be as principal and not merely as surety, and shall be absolute, irrevocable and unconditional, irrespective of, and
shall be unaffected by, any invalidity, irregularity or unenforceability of any Security or this Indenture, any failure to enforce the provisions of any Security or this Indenture, or any waiver,
modification, consent or indulgence granted with respect thereto by the Holder of such Security or the Trustee, the recovery of any judgment against the Company or any action to enforce the same, or
any other circumstances which may otherwise constitute a legal or equitable discharge of a surety or guarantor. Each Guarantor hereby waives diligence, presentment, demand of payment, filing of claims
with a court in the event of merger, insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest or notice with respect to any such Security or the
Debt evidenced thereby and all demands whatsoever, and covenants that no Guarantee will be discharged except by payment in full of the principal of, any premium and interest on, and any Additional
Amounts and sinking fund payments required with respect to, the Securities and the complete performance of all other obligations contained in the Securities and this Indenture. 

        The
maturity of the obligations guaranteed hereby may be accelerated as provided in Article Five for the purposes of this Article Sixteen. In the event of any declaration of acceleration
of such obligations as provided in Article Five, such obligations (whether or not due and payable) shall forthwith become due and payable by each Guarantor for the purpose of this Article Sixteen. In
addition, without limiting the foregoing provisions, upon the effectiveness of an acceleration under Article Five, the Trustee shall promptly make a demand for payment on the Securities under each
Guarantee provided for in this Article Sixteen. 

        If
the Trustee or the Holder of any Security is required by any court or otherwise to return to the Company or any Guarantor, or any custodian, receiver, liquidator, trustee,
sequestrator or other similar official acting in relation to the Company or any Guarantor, any amount paid to the Trustee or such Holder in respect of a Security, any Guarantee, to the extent
theretofore discharged, shall be reinstated 

68

 

in full force and effect. Each Guarantor further agrees, to the fullest extent that it may lawfully do so, that, as between it, on the one hand, and the Holders and the Trustee, on the other hand,
the maturity
of the obligations guaranteed hereby may be accelerated as provided in Article Five hereof for the purposes of each Guarantee, notwithstanding any stay, injunction or other prohibition issued or
imposed under any applicable bankruptcy law preventing such acceleration in respect of the obligations guaranteed hereby. 

        Until
this Indenture is discharged and all of the Securities are discharged and paid in full, each Guarantor hereby irrevocably waives and agrees not to exercise any claim or other
rights which it may now or hereafter acquire against the Company that arise from the existence, payment, performance or enforcement of the Company's obligations under the Securities or this Indenture
and such Guarantor's obligations under this Guarantee and this Indenture, in any such instance including, without limitation, any right of subrogation, reimbursement, exoneration, contribution,
indemnification, and any right to participate in any claim or remedy against the Company, whether or not such claim, remedy or right arises in equity, or under contract, statute or common law,
including, without limitation, the right to take or receive from the Company, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or security on
account of such claim or other rights. If any amount shall be paid to any Guarantor in violation of the preceding sentence and any amounts owing to the Trustee or the Holders of Securities under the
Securities, this Indenture, or any other document or instrument delivered under or in connection with such agreements or instruments, shall not have been paid in full, such amount shall be deemed to
have been paid to such Guarantor for the benefit of, and held in trust for the benefit of, the Holders of the Securities, and shall forthwith be paid to the Trustee for the benefit of such Holders to
be credited and applied to the Securities, whether matured or unmatured, in accordance with the terms of this Indenture. Each Guarantor acknowledges that it will receive direct and indirect benefits
from the financing arrangements contemplated by this Indenture and that the waiver set forth in this Section is knowingly made in contemplation of such benefits. 

        Anything
to the contrary in this Indenture notwithstanding, each Guarantee by a Subsidiary Guarantor shall be, and hereby is, limited to the maximum amount that can be guaranteed by the
applicable Guarantor without rendering such Guarantee, as it relates to such Guarantor, voidable under any applicable law relating to fraudulent conveyance, fraudulent transfer or similar laws
affecting the rights of creditors generally. 

        Each
Guarantee set forth in this Section 16.1 shall not be valid and obligatory for any purpose with respect to a Security until the certificate of authentication of such Security
shall have been signed by or on behalf of the Trustee. 

        Each
Guarantee is a guarantee of payment and not of collection. 

        Section 16.2    Operation of Guarantees.    

        By
execution of this Agreement (in the case of the Parent Guarantor and each Initial Subsidiary Guarantor) or a supplemental indenture (in the case of any Subsequent Subsidiary
Guarantors) and upon delivery of a Guarantor's Order to the Trustee by all Guarantors prior to the issuance of any
Security of a series, the Guarantee of each Guarantor in respect of such Securities shall be set forth in Section 16.1 and shall be effective for all purposes upon authentication of such
Security by or on behalf of the Trustee, regardless of whether such authentication occurs prior to a Subsequent Subsidiary Guarantor's execution of the required supplemental indenture, and shall not
require any Guarantor's endorsement on the Securities. 

        Section 16.3    Release of Guarantee.    

        (1)  Concurrently
with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article
Sixteen. Upon the delivery by the Company to the Trustee of an Officers' Certificate and, if requested by the Trustee, an Opinion of 

69

 

Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Securities, the Trustee
shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the
termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the
Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. 

        (2)  Upon
the sale or disposition of all of the Common Stock of a Subsidiary Guarantor (by merger or otherwise) to a Person that is not an Affiliate of the Parent Guarantor
and which sale or disposition is otherwise in compliance with the terms of this Indenture, such Subsidiary Guarantor shall be deemed released from all obligations under this Article Sixteen;  provided however, that any such release upon such sale or disposition shall occur if and only to the extent that all obligations of such Subsidiary
Guarantor under all of its guarantees of, and under all of its pledges or assets or other security interests which secure, indebtedness of the Company, the Parent Guarantor or any Subsidiary shall
also terminate upon such sale or disposition. Upon the delivery by the Company to the Trustee of an Officers' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the
transaction giving rise to the release of such obligations was made in accordance with the provisions of this Indenture and the Securities, the Trustee shall execute any documents reasonably required
in order to evidence the release of such Guarantor from its obligations. Any Subsidiary Guarantor not so released remains liable for the full amount of the Guaranteed Obligations as provided in this
Article Sixteen. 

        (3)  At
any time, upon the Company's request and without the consent of the Holders, any Subsidiary Guarantor other than a Significant Subsidiary Guarantor may be released
from all obligations under this Article Sixteen, provided however, that any such release upon such request shall occur if and only to the extent that
all obligations of such Subsidiary Guarantor under all of its guarantees of indebtedness of the Company, the Parent Guarantor or any other Subsidiary of the Parent Guarantor shall also terminate at
the time of such release. 

*
* * * 

70

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

	 	CINTAS CORPORATION NO. 2,

    as Issuer
	 	 	 	 
	

 	

By:	
 	

/s/  ROBERT J. KOHLHEPP      
 Name: Robert J. Kohlhepp

Title: Chief Executive Officer
	 	 	 	 
	

 	
CINTAS CORPORATION,

    as Guarantor
	 	 	 	 
	

 	

By:	
 	

/s/  ROBERT J. KOHLHEPP      
 Name: Robert J. Kohlhepp

Title: Chief Executive Officer
	 	 	 	 
	

 	

Subsidiary Guarantors
	

 	

AFFIRMED MEDICAL, INC.,

AMERICAN FIRST AID COMPANY,

CINTAS CORPORATION NO. 3,

CINTAS CORP. NO. 8, INC.,

CINTAS CORP. NO. 15, INC.,

CINTAS FIRST AID HOLDINGS CORPORATION,

LLT, INC.,

RESPOND INDUSTRIES, INCORPORATED,

XPECT FIRST AID CORPORATION
	 	 	 	 
	

 	

By:	
 	

/s/  ROBERT J. KOHLHEPP      
 Name: Robert J. Kohlhepp

Title: Chief Executive Officer
	 	 	 	 
	

 	

CINTAS—RUS, L.P.
	

 	

By:	
 	

CINTAS CORP. NO. 8, INC., its General Partner
	 	 	 	 
	

 	

By:	
 	

/s/  ROBERT J. KOHLHEPP      
 Name: Robert J. Kohlhepp

Title: Chief Executive Officer
	 	 	 	 
	

 	

WACHOVIA BANK, NATIONAL ASSOCIATION,

    as Trustee
	 	 	 	 
	

 	

By:	
 	

/s/  R. DOUGLAS MILNER      
 Name: R. Douglas Milner

Title: Vice President

QuickLinks

Reconciliation and Tie between Trust Indenture Act of 1939 (the "Trust Indenture Act") and Indenture

TABLE OF CONTENTS

ARTICLE 1 DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

ARTICLE 2 SECURITIES FORMS

ARTICLE 3 THE SECURITIES

ARTICLE 4 SATISFACTION AND DISCHARGE OF INDENTURE

ARTICLE 5 REMEDIES

ARTICLE 6 THE TRUSTEE

ARTICLE 7 HOLDERS LISTS AND REPORTS BY TRUSTEE AND COMPANY

ARTICLE 8 CONSOLIDATION, MERGER AND SALES

ARTICLE 9 SUPPLEMENTAL INDENTURES

ARTICLE 10 COVENANTS

ARTICLE 11 REDEMPTION OF SECURITIES

ARTICLE 12 SINKING FUNDS

ARTICLE 13 REPAYMENT AT THE OPTION OF HOLDERS

ARTICLE 14 SECURITIES IN FOREIGN CURRENCIES

ARTICLE 15 MEETINGS OF HOLDERS OF SECURITIES

ARTICLE 16 GUARANTEEQuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 4.2    
  

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

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

[RESTRICTED SECURITIES LEGEND:][THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
"SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS NOTE NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED,
ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION.

THE HOLDER OF THIS NOTE, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT HAS PURCHASED NOTES, TO OFFER, SELL OR OTHERWISE
TRANSFER SUCH NOTE OR INTEREST OR PARTICIPATION THEREIN, PRIOR TO THE DATE (THE "RESALE RESTRICTION TERMINATION DATE") THAT IS TWO YEARS (OR SUCH PERIOD AS MAY BE REQUIRED BY ANY SUBSEQUENT CHANGE IN
APPLICABLE LAW) AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF AND THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE OF THE COMPANY WAS THE OWNER OF THIS NOTE (OR ANY PREDECESSOR OF SUCH NOTE),
ONLY (A) TO THE COMPANY, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE NOTES ARE ELIGIBLE FOR RESALE
PURSUANT TO RULE 144A UNDER THE SECURITIES ACT, TO A PERSON IT REASONABLY BELIEVES IS A "QUALIFIED INSTITUTIONAL BUYER" AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN
ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES THAT OCCUR
OUTSIDE THE UNITED STATES WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT, (E) TO AN INSTITUTIONAL "ACCREDITED INVESTOR" WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR
(7) UNDER THE SECURITIES ACT THAT IS AN INSTITUTIONAL ACCREDITED INVESTOR ACQUIRING THE NOTE FOR ITS OWN ACCOUNT OF FOR THE ACCOUNT OF SUCH AN INSTITUTIONAL ACCREDITED INVESTOR, IN EACH CASE IN
A MINIMUM PRINCIPAL AMOUNT OF THE NOTES OF $250,000, FOR INVESTMENT PURPOSES AND NOT WITH A VIEW TO OR FOR OFFER OR SALE IN CONNECTION WITH ANY DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, OR
(F) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE  

 

 REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE COMPANY'S AND THE TRUSTEE'S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES (D), (E) OR (F) TO
REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE HOLDER AFTER THE RESALE
RESTRICTION TERMINATION DATE.]

	No.       

CUSIP No.                         	 	 	 	Principal Amount $                        ,

as revised by the Schedule of

Increases and Decreases in Global

Security attached hereto

 
 
 

Cintas Corporation No. 2
  51/8% Senior Notes due 2007
  Payment of Principal, Premium, if any, and Interest
  Unconditionally Guaranteed, Jointly and
Severally,
  by Cintas Corporation and
  Certain Subsidiaries of Cintas Corporation    

        Cintas
Corporation No. 2, a corporation duly organized and existing under the laws of Nevada (hereinafter called the "Company", which term includes any successor Person under the
Indenture referred to below), for value received, hereby promises to pay to Cede & Co., c/o Depository Trust Company, 55 Water Street, New York, New York 10041, or registered assigns, the
principal sum of                        Million Dollars
($                        ) as revised by the Schedule of Increases and Decreases in Global Security attached hereto, on
June 1, 2007, and to pay
interest thereon from May 28, 2002 or from the most recent date to which interest has been paid or duly provided for, semiannually on June 1 and December 1 in each year (each, an
"Interest Payment Date"), commencing on December 1, 2002, at the rate of 51/8% per annum (subject to increase as provided in the Registration Rights Agreement (as defined
below)), until the principal hereof and premium, if any, hereon is paid or duly made available for payment, and on any overdue principal or premium, if any, and (to the extent that payment of such
interest is lawful) on any overdue installment of interest at the same rate per annum during the period in which such principal or premium, if any, or interest remains unpaid. 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 Note (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 May 15 or November 15 (whether or not a Business Day (as defined below)), as the case
may be, next preceding such Interest Payment Date. Except as otherwise provided in the Indenture, any such interest which is payable, but is not punctually paid or duly provided for, on any Interest
Payment Date shall forthwith cease to be payable to the Holder hereof on such Regular Record Date and may either be paid to the Person in whose name this Note (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 Notes 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 Notes
of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in such Indenture. Payment of the principal of (and premium, if any) and interest on
this Note will be made at the office or agency of the Company or, if applicable, the Guarantor maintained for that purpose in The Borough of Manhattan, The City of New York, 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; provided, however, that, at the option of the Company, payment of interest may be
made by United States dollar 

2

 

check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register; provided, further, that payment to the Depository Trust Company or any successor
depository ("DTC") may be made by wire transfer to the account designated by DTC or such successor depository in writing. 

        If
any Interest Payment Date or Maturity Date falls on a day that is not a Business Day, the related payment of principal, premium, if any, and interest on the Notes will be made on the
next succeeding Business Day with the same force and effect as if it were made on the date such payment was due and
no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date or Maturity Date, as the case may be, to the next succeeding Business Day. "Business Day"
means any day other than a Saturday, Sunday or other day on which banking institutions are authorized or obligated by law, regulation or executive order to close. 

        Payments
of interest hereon with respect to any Interest Payment Date will include interest accrued to but excluding such Interest Payment Date. Interest on this Note shall be calculated
on the basis of a 360-day year consisting of twelve 30-day months. 

        This
Note is one of a duly authorized series of Securities of the Company (herein called the "Notes") issued or to be issued under an Indenture dated as of May 28, 2002 (herein
called, together with all indentures supplemental thereto, the "Indenture") by and among the Company, Cintas Corporation (the "Parent Guarantor"), Affirmed Medical, Inc., American First Aid
Company, Cintas Corporation No. 3, Cintas Corporation No. 8, Cintas Corporation No. 15, Cintas—R.U.S., L.P., Cintas First Aid Holdings Corporation, a Nevada
corporation, LLT, Inc., Respond Industries, Incorporated, and Xpect First Aid Corporation, as guarantors (the "Initial Subsidiary Guarantors" and, together with the Parent Guarantor and each
other subsidiary of the Company that pursuant to the terms of the Indenture guarantees the Company's obligations under such Indenture, in each case in such entity's capacity as guarantor, the
"Guarantors") to Wachovia Bank, National Association, as Trustee (herein called the "Trustee", which term includes any successor trustee under the Indenture with respect to the Notes), to which
Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the
Guarantors, the Trustee and the Holders of the Notes, and of the terms upon which the Notes are, and are to be, authenticated and delivered. This Note is one of the series designated on the face
hereof, initially limited (subject to exceptions provided in the Indenture) to the aggregate principal amount specified in the Officers' Certificate dated May 28, 2002 establishing the terms of
the Notes pursuant to the Indenture; provided that the Company may, without the consent of Holders, reopen this series of Securities and issue additional Notes, so as to increase the aggregate
principal amount of the Notes Outstanding upon the terms and subject to the conditions set forth in the Indenture so long as any such additional Notes have the same tenor and terms (including, without
limitation, rights to receive accrued and unpaid interest as the Notes then Outstanding).    The Notes are issuable only in registered form without coupons in the denominations specified
in the Officers' Certificate dated May 28, 2002 establishing the terms of the Notes, all as more fully provided in the Indenture and such Officers' Certificate. As provided in the Indenture and
in such Officers' Certificate, and subject to certain limitations set forth in the Indenture, such Officers' Certificate and in this Note, the Notes of this series are exchangeable for a like
aggregate principal amount of Notes of this series in different authorized denominations, as requested by the Holders surrendering the same. 

        The
Notes are unconditionally guaranteed as to the due and punctual payment of principal, premium, if any, and interest in respect thereof by the Guarantors as evidenced by their
guarantees (the "Guarantees") included in the Indenture and set forth hereon. The Guarantees are direct and unconditional obligations of such Guarantors and rank and will rank equally in priority of
payment and in all other respects with all other unsecured and unsubordinated obligations of such Guarantors now or hereafter outstanding. 

3

 

        The
Holder of this Note is entitled to the benefits of the Registration Rights Agreement, dated as of May 28, 2002, by and among the Company, the Guarantors and the Initial
Purchasers named therein (as the same may be amended from time to time, the "Registration Rights Agreement"). In the event that the Exchange Offer (as such term is defined in the Registration Rights
Agreement) is not consummated or a Shelf Registration Statement (as such term is defined in the Registration Rights Agreement) with respect to the Notes is not declared effective on or prior to the
date that is 180 days after the Closing Date (as such term is defined in the Registration Rights Agreement) then the interest rate borne by the Notes shall be increased by
one-quarter of one percent (0.25%) per annum commencing the date that is 180 days after the Closing Date until the Exchange Offer is consummated or the Shelf Registration Statement
is declared effective by the Securities and Exchange Commission (the "Commission") provided, that in the case of a Shelf Registration Statement, if the Company and the Guarantors are unable to cause
such Shelf Registration Statement to become effective because the Holders of Notes have not provided information with respect to themselves as required by law to be included therein pursuant to the
Company's or the Guarantors' request as provided in the Registration Rights Agreement, such one-quarter of one percent (0.25%) increase in the interest rate shall be payable only to the
Holders that have furnished such information required by law to be included therein to the Company or the Guarantors pursuant to its request under the Registration Rights Agreement from but excluding
the date such information is provided to the Company or the Guarantors to but excluding the date the Shelf Registration Statement is declared effective by the Commission. 

        This
Note is redeemable at the option of the Company, in whole or in part at any time, at a redemption price equal to the greater of (i) 100% of the principal amount of this Note
to be redeemed and (ii) the sum, as determined by the Independent Investment Banker (as defined below), of the present values of the remaining scheduled payments of principal and interest on
this Note to be redeemed (exclusive of interest accrued to the date of redemption) discounted to the date of redemption on a semiannual basis (assuming a 360-day year consisting of twelve
30-day months) at the Treasury Rate (as defined below) plus 15 basis points, and accrued but unpaid interest thereon to the redemption date. 

        "Treasury
Rate" means, with respect to any redemption date for the Notes, (i) the yield, under the heading which represents the average for the immediately preceding week,
appearing in the most recently published statistical release designated "H.15(519)" or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and
which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption "Treasury Constant Maturities," for the maturity corresponding to the
Comparable Treasury Issue (if no maturity is within three months before or after the maturity date of the Notes, yields for the two published maturities most closely corresponding to the Comparable
Treasury Issuer will be determined and the Treasury Rate shall be interpolated or extrapolated from those yields on a straight line basis, rounding to the nearest month) or (ii) if the release
referred to in clause (i) (or any successor release) is not published during the week preceding the calculation date or does not contain the yields referred to above, the rate per annum equal
to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. The Treasury Rate will be calculated on the third Business Day preceding the redemption date. 

        "Comparable
Treasury Issue" means the United States Treasury security selected by the Independent Investment Banker as having a maturity comparable to the remaining term of the Notes
that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of
the Notes. 

4

 

        "Comparable
Treasury Price" means, with respect to any redemption date, the average of the Reference Treasury Dealer Quotations obtained by the Trustee for such redemption date, after
excluding the highest and lowest of four such Reference Treasury Dealer Quotations, or if the Trustee is unable to obtain at least four such Reference Treasury Dealer Quotations, the average of all
Reference Treasury Dealer Quotations obtained by the Trustee. 

        "Independent
Investment Banker" means Banc One Capital Markets, Inc., or, if such firm is unwilling or unable to select the applicable Comparable Treasury Issue, an independent
investment banking institution of national standing appointed by the Trustee and reasonably acceptable to the Company or, if applicable, the Guarantor. 

        "Reference
Treasury Dealer" means Banc One Capital Markets, Inc., (and its successors) and three other primary U.S. government securities dealers in New York City selected by the
Independent Investment Banker (each, a "Primary Treasury Dealer"); provided, however, that if any of the foregoing shall cease to be a Primary Treasury Dealer, the Company shall substitute therefor
another Primary Treasury Dealer. 

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

        Notice
of any redemption will be mailed at least 30 days but not more than 60 days before the redemption date to the Holder hereof at its address as such address shall
appear in the Security Register of the Company. Unless the Company defaults in payment of the redemption price and accrued interest on and after the redemption date, interest will cease to accrue on
the principal amount of this Note called for redemption. 

        Except
as provided above, this Note is not redeemable by the Company prior to maturity and is not subject to any sinking fund. 

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

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

        No
reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligations of the Company and the Guarantors, which are absolute and
unconditional, to pay the principal of, premium, if any, and interest on this Note, at the times, place and rate, and in the coin or currency, herein and in the Indenture prescribed. 

5

 

        As
provided in the Indenture and subject to certain limitations set forth therein and in this Note, the transfer of this Note is registerable on the Security Register of the Company,
upon surrender of this Note for registration of transfer at the office or agency of the Company or the Guarantors in any place where the principal of (and premium, if any) and interest on this Note
are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company or the Guarantors, the Security Registrar and the Trustee duly executed by, the
Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Notes of this series and of like tenor, of authorized denominations and for the same aggregate
principal amount, will be issued to the designated transferee or transferees. 

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

        Prior
to due presentment of this Note for registration of transfer, the Company, the Guarantors, the Trustee and any agent of the Company, the Guarantors or the Trustee may treat the
Person in whose
name this Note is registered as the owner hereof for all purposes, whether or not this Note is overdue, and none of the Company, the Guarantors, the Trustee or any such agent shall be affected by
notice to the contrary. 

        The
Indenture contains provisions whereby (i) the Company or the Guarantors may be discharged from their obligations with respect to the Notes (subject to certain exceptions) or
(ii) the Company or the Guarantors may be released from their obligations under specified covenants and agreements in the Indenture, in each case if the Company or any Guarantor irrevocably
deposits with the Trustee money or U.S. Government Obligations sufficient to pay and discharge the entire indebtedness on all Notes of this series, and satisfies certain other conditions, all as more
fully provided in the Indenture. 

        This
Note shall be governed by and construed in accordance with the laws of the State of New York. 

        All
terms used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

        Unless
the certificate of authentication hereon has been duly executed by the Trustee referred to below, directly or through an Authenticating Agent, by manual signature of an authorized
signatory, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

6

 

        IN
WITNESS WHEREOF, the Company has caused this instrument to be duly executed, manually or by facsimile by an authorized signatory. 

	Dated:	 	 	 
	

[SEAL]	
 	

CINTAS CORPORATION NO.2

    as Issuer
	

	

 	
 	

 	

 
	 	 	 	By:	    
 Name:

Title:
	

	

 	
 	

 	

 
	Attest:	 	 	 
	

	

 	
 	

 	

 
	By:	    
 Name:

Title:	 	 	 

 
 

TRUSTEE'S CERTIFICATE OF AUTHENTICATION    

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

	 	 	WACHOVIA BANK, NATIONAL ASSOCIATION

    as Trustee
	

	
 	

 	

 
	 	 	By:	    
 Authorized Signatory

7

 
 
 

GUARANTEE    

        For
value received, each of the undersigned hereby irrevocably and unconditionally guarantees (subject to release, if applicable, upon the terms set forth in the Indenture), jointly and
severally, on a senior basis to the Holder of this Note and to the Trustee, on behalf of the Holder, (i) due and punctual payment of principal, premium, if any, and interest on this Note, when
and as the same shall become due and payable, whether at Stated Maturity, by declaration of acceleration or otherwise, the due and punctual payment of interest on the overdue principal of (and
premium, if any) and interest, if any, on this Note, to the extent lawful, and the due and punctual performance of all other obligations of the Company to the Holder of this Note or the Trustee all in
accordance with the terms of this Note and the Indenture and (ii) in the case of any extension of time of payment or renewal of this Note or any of such other obligations, that the same will be
promptly paid in full when due or performed in accordance with the terms of the extension or renewal, at Stated Maturity, by declaration of acceleration or otherwise. This Guarantee will not be valid
or obligatory for any purpose until the Trustee duly executes the certificate of authentication on the Note upon which this Guarantee is endorsed. 

	Dated:	 	Cintas Corporation

a Washington corporation;
	

 	
 	

Affirmed Medical, Inc.,

a California corporation;
	

 	
 	

American First Aid Company,

a Maryland corporation;
	

 	
 	

Cintas Corporation No. 3,

a Nevada corporation;
	

 	
 	

Cintas Corporation No. 8,

a Nevada corporation;
	

 	
 	

Cintas Corporation No. 15,

a Nevada corporation;
	

 	
 	

Cintas—R.U.S., L.P.,

a Texas limited partnership;
	

 	
 	

Cintas First Aid Holdings Corporation,

a Nevada corporation;
	

 	
 	

LLT, Inc.,

a Virginia corporation;
	

 	
 	

Respond Industries, Incorporated,

a Colorado corporation;
	
 	
 	

 	

 

8

 

	

 	
 	

Xpect First Aid Corporation,

a Kansas corporation;
	

	
 	

 	

 
	

 	
 	

By:	

    
 Authorized Signatory for each of the Guarantors
	

	
 	

 	

 
	

 	
 	

Attest:
	

	
 	

 	

 
	

 	
 	

By:	

    
 Authorized Signatory for each of the Guarantors

9

  

 
 

ABBREVIATIONS    
  

        The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to
applicable laws or regulations: 

	TEN COM	—	as tenants in common        UNIF GIFT MIN
ACT    —                   Custodian
              
	

TEN ENT	

—	

as tenants by the entireties    (Cust)    (Minor)
	

JT TEN	

—	

as joint tenants with right of survivorship Under Uniform Gifts to Minors and not as tenants in common                        Act
                                         
       
	

(State)

Additional
abbreviations may also be used though not in the above list. 

        FOR
VALUE RECEIVED, the undersigned registered holder hereby sell(s), assign(s) and transfer(s) unto 

        PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE  

 

  

 

  

 PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE

   

 the within Note and all rights thereunder, hereby irrevocably constituting and appointing

   

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

  

 Dated:  

Notice:    The signature to this assignment must correspond with the name as it appears upon the face

of the within Note in every particular, without alteration or enlargement or any change whatever.  

10

 

        In connection with any transfer or exchange of any of the Notes evidenced by this certificate occurring prior to the date that is two years after the later of the
date of original issuance of such Notes and the last date, if any, on which such Notes were owned by the Company or any Affiliate of the Company, the undersigned confirms that such Notes are being: 

CHECK
ONE BOX BELOW: 

	1	o	acquired for the undersigned's own account, without transfer; or
	

2	

o	

transferred to the Company; or
	

3	

o	

transferred pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"); or
	

4	

o	

transferred pursuant to an effective registration statement under the Securities Act; or
	

5	

o	

transferred pursuant to and in compliance with Regulation S under the Securities Act; or
	

6	

o	

transferred in a minimum purchase amount of $250,000 to an institutional "accredited investor" (as defined in Rule 501(a)(l), (2), (3) or (7) under the Securities Act), that has furnished to the Trustee a signed letter containing
certain representations and agreements that it is acquiring this Notes for investment and not with a view to, or for offer or sale in connection with, any distribution (as contemplated in the Securities Act) or fractionalization thereof or with any
intention of reselling the Note or any part thereof, subject to any requirement of law that the disposition of its property will be at all times within its control and subject to its ability to resell this Note pursuant to Rule 144A,
Regulation S or other exemption from registration available under the Securities Act; or
	

7	

o	

transferred pursuant to another available exemption from the registration requirements of the Securities Act of 1933.

        Unless
one of the boxes is checked, the Trustee will refuse to register any of the Notes evidenced by this certificate in the name of any person other than the registered holder thereof;  provided, however, that if box (5), (6) or (7) is checked, the Trustee or the Company may
require, prior to registering any such transfer of the Notes, in their sole discretion, such legal opinions, certifications and other information as the Trustee or the Company may reasonably request
to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, such as the exemption
provided by Rule 144 under such Act. 

	 	 	
 Signature
	

Signature Guarantee:

  	
 	

 
	

 (Signature must be guaranteed)	
 	

 Signature

        The
signature(s) should be guaranteed by an eligible guarantor institution (banks, stockbrokers, savings and loan associations and credit unions with membership in an approved signature
guarantee medallion program), pursuant to S.E.C. Rule 17Ad-15. 

11

 

TO BE COMPLETED BY PURCHASER IF (1) OR (3) ABOVE IS CHECKED.  

        The undersigned represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises sole investment
discretion and that it and any such account is a "qualified institutional buyer" within the meaning of Rule 144A under the Securities Act of 1933, as amended, and is aware that the sale to it
is being made in reliance on Rule 144A and acknowledges that it has received such information regarding the Company and the Guarantors as the undersigned has requested pursuant to
Rule 144A or has determined not to request such information and that it is aware that the transferor is relying upon the undersigned's foregoing representations in order to claim the exemption
from registration provided by Rule 144A. 

	
 Dated:	 	 

12

 
[TO
BE ATTACHED TO GLOBAL NOTE] 

 
 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE    
  

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

	Date of Exchange
 
	 	Amount of increase in

Principal Amount of

this Global Note
	 	Amount of decrease in

Principal Amount of

this Global Note
	 	Principal Amount of

this Global Note

following each

decrease or increase
	 	Signature of

authorized signatory

of Trustee

	

	 	 	 	 	 	 	 	 

13

QuickLinks

Exhibit 4.2

Cintas Corporation No. 2 5–1/8% Senior Notes due 2007

TRUSTEE'S CERTIFICATE OF AUTHENTICATION

GUARANTEE

ABBREVIATIONS

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE

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