Document:

EX-4.2

 Exhibit 4.2 

Southern California Gas Company 

OFFICERS’ CERTIFICATE 

(Pursuant to Sections 201 and 301 of the Indenture) 

September 21, 2020 
 The undersigned, Scott
D. Drury, Chief Executive Officer, and Mia L. DeMontigny, Vice President, Controller, Chief Financial Officer, Chief Accounting Officer and Treasurer, respectively, of Southern California Gas Company, a California corporation (the
“Company”), hereby certify as follows: 
 The undersigned, having read the appropriate provisions of the Indenture dated as
of September 21, 2020 (the “Indenture”) between the Company and U.S. Bank National Association, as trustee (the “Trustee”), including Sections 201, 301 and 303 thereof and the definitions in such Indenture
relating thereto, and certain other corporate documents and records, and having made such examination and investigation as, in the opinion of the undersigned, each considers necessary to enable the undersigned to express an informed opinion as to
whether or not the conditions set forth in the Indenture relating to the establishment of the terms of $300,000,000 aggregate principal amount of the Company’s Floating Rate Notes due 2023 (the “Notes”) and the form of
certificate evidencing the Notes have been complied with, and whether the conditions in the Indenture relating to the authentication and delivery by the Trustee of the Notes have been complied with, certify that (1) the terms of the Notes were
established by the undersigned pursuant to authority delegated to them by resolutions duly adopted by the Board of Directors of the Company at a meeting held on April 14, 2020 (collectively, the “Resolutions”) and such terms
are as set forth in and incorporated by reference into Annex I hereto, (2) the form of certificate evidencing the Notes was established by the undersigned pursuant to authority delegated to them by the Resolutions and shall be in substantially
the form attached as Annex II hereto, (3) true, complete and correct copies of the Resolutions, which were duly adopted by the Board of Directors of the Company and are in full force and effect on the date hereof, are attached as exhibits to
the Certificate of the Secretary of the Company of even date herewith, and (4) the form and terms of the Notes have been established pursuant to Sections 201 and 301 of the Indenture and comply with the Indenture and, in the opinion of the
undersigned, all conditions provided for in the Indenture (including, without limitation, those set forth in Sections 201, 301 and 303 of the Indenture) relating to the establishment of the terms of the Notes and the form of certificate evidencing
the Notes, and relating to the execution, authentication and delivery of the Notes, have been complied with. 
 This certificate may be
executed by the parties hereto in counterparts, each of which when so executed shall be deemed to be an original, with the same effect as if the signatures thereto and hereto were on the same instrument, but all such counterparts shall together
constitute but one and the same instrument. 
 (Signature Page Follows) 

  
 1 

 IN WITNESS WHEREOF, we have hereunto set our hands as of the date first written above. 

 

	
	 /s/ Scott D. Drury

	Scott D. Drury
	Chief Executive Officer
	
	 /s/ Mia L. DeMontigny

	Mia L. DeMontigny
	 Vice President, Controller, Chief Financial Officer,

Chief Accounting Officer and Treasurer

 [Officers’ Certificate — Indenture] 

  

 ANNEX I 

Capitalized terms used in this Annex I and not otherwise defined herein have the same definitions as in the Indenture referred to in the
Officers’ Certificate of which this Annex I constitutes a part. 
 (1)     One series of debt securities is
established hereby and shall be known and designated as the “Floating Rate Notes due 2023” (hereinafter referred to as the “Securities,” “Securities of such series” or the “Notes”). 

(2)     The aggregate principal amount of the Securities of such series which may be authenticated and delivered under the
Indenture is limited to $300,000,000, except for Securities of such series authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the same series pursuant to Sections 304, 305, 306, 906
or 1106 of the Indenture and except for any Securities of such series which, pursuant to Section 303 of the Indenture, are deemed never to have been authenticated and delivered under the Indenture. However, such series of Securities may be re-opened by the Corporation for the issuance of additional Securities of the same series (so long as any such additional Securities of such series have the same form and terms (other than offering price, the date
of original issuance and, if applicable, the date from which interest thereon shall begin to accrue and the first interest payment date), and carry the same right to receive accrued and unpaid interest, as the Securities of such series theretofore
issued) and such additional Securities of such series shall form a single series under the Indenture with the Securities of such series theretofore issued; provided that such additional Securities of such series are fungible with the Securities of
such series theretofore issued for United States Federal income tax purposes; provided, however, that, notwithstanding the foregoing, such series of Securities may not be re-opened if the Corporation has
effected defeasance or covenant defeasance with respect to the Securities of such series pursuant to Section 1302 or 1303, as applicable, of the Indenture or has effected satisfaction and discharge with respect to the Securities of such series
pursuant to Section 401 of the Indenture. 
 (3)     The Securities of such series are to be issued only as
registered securities without coupons. The Securities of such series shall be issued in book-entry form and represented by one or more global Securities (the “Global Securities”) of such series, the initial depositary (the
“Depositary”) for the Global Securities of such series shall be The Depository Trust Company and the depositary arrangements shall be those employed by whoever shall be the Depositary with respect to the Global Securities of such
series from time to time. Notwithstanding the foregoing, certificated Securities of such series in definitive form may be issued in exchange for Global Securities of such series under the circumstances contemplated by Section 305 of the
Indenture. 
 (4)     The Securities of such series shall be sold by the Corporation to the several underwriters (the
“Underwriters”) named in Schedule I to the Underwriting Agreement dated September 14, 2020 among the Corporation and BMO Capital Markets Corp., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as
representatives of the Underwriters (the “Underwriting Agreement”), at a price equal to 99.650% of the principal amount of the Securities of such series, and the initial price to the public of the Securities of such series shall be
100.000% of the principal amount of the Securities of such series (plus accrued and unpaid interest, if any), 

  
 Annex I-1 

 
and underwriting discounts and commissions shall be 0.350% of the principal amount of the Securities of such series. 

(5)     The Securities of such series shall not be repayable or redeemable at the option of the Holders prior to the
Stated Maturity of the principal of the Securities of such series (except as provided in Article V of the Indenture) and shall not be subject to a sinking fund or analogous provision. 

(6)     The Borough of Manhattan, The City of New York is hereby designated as a Place of Payment for the Securities of
such series. 
 (7)     The Corporation hereby appoints the Trustee, acting through its Corporate Trust Office in the
Borough of Manhattan, The City of New York, as the Corporation’s agent for the purposes specified in Section 1002 of the Indenture with respect to the Securities of such series; provided, however, subject to Section 1002 of the
Indenture, the Corporation may at any time remove the Trustee as its office or agency in the Borough of Manhattan, The City of New York designated for such purposes with respect to the Securities of such series and may from time to time designate
one or more other offices or agencies for such purposes and one or more other Places of Payment with respect to the Securities of such series and may from time to time rescind such designation, so long as the Corporation shall at all times maintain
an office or agency for such purposes with respect to the Securities of such series in the Borough of Manhattan, The City of New York. 

(8)     The Securities of such series shall be issued in denominations of $2,000 and integral multiples of $1,000 in
excess thereof. 
 (9)     The principal of, premium, if any, and interest on the Securities of such series shall be
payable in U.S. dollars. 
 (10)     The Securities of such series shall not be convertible into or exchangeable for
other securities. 
 (11)     Anything in the Indenture or the Securities of such series to the contrary
notwithstanding, payments of the principal of, premium, if any, and interest on the Global Securities of such series shall be made by wire transfer to the Depositary or its nominee or to any successor Depositary or nominee, whichever shall be the
registered Holder of such Global Securities of such series from time to time. 
 (12)     To the extent that any
provision of the Indenture or the Securities of such series provides for the payment of interest on overdue principal of, premium, if any, or interest on, the Securities of such series, then, to the extent permitted by law, interest on such overdue
principal, premium, if any, and interest shall accrue at the rate of interest borne by the Securities of such series from time to time. 

(13)     The Securities of such series shall have such other terms and provisions as are set forth in the form of
certificate evidencing the Securities of such series attached as Annex II to the Officers’ Certificate of which this Annex I constitutes a part (the “Form of Note”), all of which

  
 Annex I-2 

 
terms and provisions are incorporated by reference in and made a part of this Annex I as if set forth in full herein. 

(14) As used in the Indenture with respect to the Securities of such series and in the certificates evidencing the Securities of such series,
all references to “premium” on the Securities of such series shall mean any amounts (other than accrued interest) payable upon the redemption of any Securities of such series in excess of 100% of the principal amount of such Securities.

 (15) Neither the Trustee nor any Paying Agent shall be under any obligation (i) to monitor, determine or verify the unavailability
or cessation of LIBOR (or other applicable Benchmark (as defined in the Form of Note)), or whether or when there has occurred, or to give notice to any other transaction party of the occurrence of, any Benchmark Transition Event or Benchmark
Replacement Date (as such terms are defined in the Form of Note), (ii) to select, determine or designate any alternative reference rate or Benchmark Replacement (as defined in the Form of Note), or other successor or replacement benchmark index, or
to determine whether any conditions to the designation of such a rate have been satisfied, or (iii) to select, determine or designate any Benchmark Replacement Adjustment (as defined in the Form of Note), or other modifier to any replacement or
successor index, or (iv) to determine whether or what Benchmark Replacement Conforming Changes (as defined in the Form of Note) are necessary or advisable, if any, in connection with any of the foregoing. 

Neither the Trustee nor any Paying Agent shall be liable for any inability, failure or delay on its part to perform any of its duties set
forth in the Indenture as a result of the unavailability of LIBOR (or other applicable Benchmark) and absence of a designated replacement Benchmark, including as a result of any inability, delay, error or inaccuracy on the part of any other Person,
including without limitation any Designee (as defined in the Form of Note), in providing any direction, instruction, notice or information required or contemplated by the terms of the Notes or the Calculation Agreement (as defined in the Form of
Note) and reasonably required for the performance of such duties. 
 Neither the Trustee nor any Paying Agent shall be responsible or liable
for the actions or omissions of the Corporation or any Designee or any failure or delay in the performance of their duties or obligations in relation to the determination of the interest rate on the Notes, nor shall the Trustee or any Paying Agent
be under any obligation to oversee or monitor such performance of the Corporation or any Designee; and each of the Trustee and each Paying Agent shall be entitled to rely conclusively upon any determination made, and any instruction, notice,
officers’ certificate or other instrument or information provided, by the Corporation in accordance with the notice provisions of the Indenture or the Designee, without independent verification, investigation or inquiry of any kind by the
Trustee or Paying Agent. 
 If the Corporation appoints a Designee or any successor or replacement Designee, it shall promptly notify the
Trustee and any Paying Agent of such appointment in accordance with the notice provisions of the Indenture, and neither the Trustee nor any Paying Agent shall treat any third party as a Designee with respect to the Notes until any such notice is
given. Neither the Trustee nor any Paying Agent shall be under any duty to succeed to, assume or otherwise perform any of the duties of any Designee, or to appoint a successor or replacement in the event of any Designee’s resignation or
removal, or to remove and replace any Designee in the event of a default, 

  
 Annex I-3 

 
breach or failure of performance on the part of the Designee with respect to its duties and obligations under the terms of the Notes. 

  
 Annex I-4 

 ANNEX II 

Form of Certificate Evidencing the Floating Rate Notes due 2023 

  
 Annex II-1 

 THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS
REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER
THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN
AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE CORPORATION 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 THE DEPOSITARY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), 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. 
 SOUTHERN
CALIFORNIA GAS COMPANY 
 Floating Rate Notes due 2023 
  

			
		  	$[●]
	 No. [●]
	  	CUSIP No. 842434 CV2
		  	ISIN No. US842434CV28

 Southern California Gas Company, a corporation duly organized and existing under the laws of the State of
California (herein called the “Corporation,” which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to [●], or registered assigns, the principal sum of
[●] Dollars ($[●]) on September 14, 2023 (the “Maturity Date”), and to pay interest thereon from September 21, 2020 (the “Original Issue Date”) or from the most recent date to which interest
has been paid or duly provided for on the Securities (as defined on the reverse hereof) of this series, quarterly in arrears on March 14, June 14, September 14 and December 14 of each year (each, an “Interest Payment
Date”), beginning on December 14, 2020, and on the Maturity Date at the Applicable Rate (as defined below), until the principal hereof is paid or made available for payment, provided that any principal hereof or (to the extent
that the payment of such interest shall be legally enforceable) premium, if any, or interest hereon which is not paid when due shall bear interest at the Applicable Rate from the respective dates such amounts are due until they are paid or made
available for payment, and such interest shall be payable on demand; and provided, further that if any Interest Payment Date (other than (a) the Interest Payment Date falling on the Maturity Date of the Securities of this series and
(b) any Interest Payment Date falling on a Redemption Date for the Securities of this series, provided that this clause (b) shall only be applicable to the Securities of this series that are being redeemed on such Redemption Date and not
to any Securities of this series that are not being redeemed on such Redemption Date) is not a Floating Rate Business Day (as defined below), such Interest Payment Date will be moved to, and will be, the immediately succeeding Floating Rate Business
Day, except that if such immediately succeeding Floating Rate Business Day is in the immediately succeeding calendar month, such Interest Payment Date (other than (a) the Interest Payment Date falling on the Maturity Date of the Securities of
this series and (b) any Interest Payment Date falling on a Redemption Date for the Securities of this series, provided that this clause (b) shall only be applicable to the Securities of this series that are being redeemed on such
Redemption Date and not to any Securities of this series that are not being redeemed on such Redemption Date) will be moved to, and will be, the immediately preceding Floating Rate Business Day. If the Maturity Date or any Redemption Date of the
Securities of this series is not a Floating Rate Business Day, the Corporation will pay interest, principal and premium, if any, due on the Maturity Date or such Redemption Date, as the case may be, on the immediately succeeding day that is a
Floating Rate Business Day as if such payment were made on the date such payment was originally due, and no interest will accrue on the amounts so payable for the period from and after the Maturity Date or such Redemption Date, as the case may be,
to the immediately succeeding Floating Rate Business Day. 

  
 Annex II-2 

 The term “Applicable Rate” means the per annum interest rate on the
Securities of this series, determined as provided below, as in effect from time to time. 
 This Security will bear interest for each
Interest Period (as defined below) at a per annum rate determined by the Calculation Agent (as defined on the reverse hereof) or, in certain circumstances described below, by the Corporation or its designee (which may be an independent financial
advisor or any other entity the Corporation designates (any of such entities, a “Designee”)). The interest rate on this Security for the period from and including the Original Issue Date to, but excluding, the Interest Payment Date
falling in December 2020 will be a per annum rate equal to the 3 Month LIBOR Rate (as defined below), determined as of the second London Banking Day (as defined below) immediately preceding the Original Issue Date, plus 35 basis points (the
“Margin”). Subject to the provisions set forth below, interest on this Security will be reset on each Interest Payment Date (each of these dates is also called an “Interest Reset Date”), beginning with the Interest
Reset Date falling in December 2020, and will be a per annum rate equal to the 3 Month LIBOR Rate, determined as of the second London Banking Day immediately preceding the applicable Interest Reset Date, plus the Margin. The interest rate on this
Security will in no event be higher than the maximum rate permitted by New York law as the same may be modified by United States law of general application or lower than 0.00%. 

Interest payable on any Interest Payment Date or Redemption Date or on the Maturity Date of this Security shall be the amount of interest
accrued from, and including, the immediately preceding Interest Payment Date in respect of which interest has been paid or duly provided for on the Securities of this series (or from and including the Original Issue Date if no interest has been paid
or duly provided for on the Securities of this series) to, but not including, such Interest Payment Date or Redemption Date or the Maturity Date, as the case may be. 

The 3 Month LIBOR Rate will be determined by the Calculation Agent in accordance with the following provisions: 

“3 Month LIBOR Rate” means the rate for deposits in U.S. dollars for the 3-month
period commencing on the applicable Interest Reset Date which appears on the Bloomberg page BBAM (as defined below) or, if such page is not available, on the Reuters Screen LIBOR01 Page (as defined below), in each case at approximately 11:00 a.m.,
London time, on the second London Banking Day prior to such Interest Reset Date (the second London Banking Day prior to any Interest Reset Date being referred to as an “Interest Determination Date”). If the 3 Month LIBOR Rate cannot
be determined as provided in the immediately preceding sentence, on such Interest Determination Date, the Calculation Agent will determine the rate on the basis of the rates at which deposits in U.S. dollars are offered by four major banks in the
London interbank market selected by the Calculation Agent at approximately 11:00 a.m., London time, on such Interest Determination Date to prime banks in the London interbank market for a period of three months commencing on such Interest Reset Date
and in a principal amount equal to an amount not less than U.S. $1,000,000 that is representative for a single transaction in such market at such time. In such case, the Calculation Agent will request the principal London office of each of the
aforesaid major banks to provide a quotation of such rate. If at least two such quotations are provided, the rate for that Interest Reset Date will be the arithmetic mean of the quotations, or, if fewer than two quotations are provided as requested,
the rate for that Interest Reset Date will be the arithmetic mean of the rates quoted by three major banks in New York City selected by the Calculation Agent, at approximately 11:00 a.m., New York City time, on such Interest Determination Date for
loans in U.S. dollars to leading European banks for a period of three months commencing on that Interest Reset Date and in a principal amount equal to an amount not less than U.S. $1,000,000 that is representative for a single transaction in such
market at such time; provided, however, that if the banks selected as aforesaid by the Calculation Agent are not quoting such rates as mentioned in this sentence, the 3 Month LIBOR Rate commencing as of such Interest Reset Date will remain the 3
Month LIBOR Rate determined as of the Interest Determination Date for the immediately preceding Interest Reset Date. Solely for purposes of this paragraph, the term “Interest Reset Date” shall be deemed to include the Original Issue Date.

 Notwithstanding the immediately preceding paragraph, if the Corporation (or its Designee) determines on or prior to the relevant Interest
Determination Date that a Benchmark Transition Event and its related Benchmark Replacement Date (as defined below) have occurred with respect to three month U.S. dollar LIBOR (or the then-current Benchmark (as defined below), as applicable), then
the provisions set forth below under “Effect of Benchmark Transition Event,” which are referred to as the “benchmark transition provisions,” will thereafter apply to all determinations of the rate of interest payable on the
Securities of this series. In accordance with the benchmark transition provisions, after a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, the amount of interest that will be payable for each Interest Period will
be an annual rate equal to the sum 

  
 Annex II-3 

 
of the Benchmark Replacement and the Margin. However, if the Corporation (or its Designee) determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred
with respect to the then-current Benchmark, but for any reason the Benchmark Replacement has not been determined as of the relevant Interest Determination Date, the interest rate for the applicable Interest Period will be equal to the interest rate
for the immediately preceding Interest Period, as determined by the Corporation (or its Designee). 
 The term “London Banking
Day” means any day on which dealings in U.S. dollars are transacted in the London interbank market. 
 The term “Floating
Rate Business Day” means any day other than (i) a Saturday or Sunday or (ii) a day on which banking institutions in The City of New York are authorized or obligated by law or executive order to remain closed. 

The term “Bloomberg page BBAM” means the display that appears on Bloomberg L.P.’s page “BBAM” or any page as
may replace such page or such service (or any successor service) for the purpose of displaying the London Interbank Offered rate for U.S. dollar deposits. 

The term “Reuters Screen LIBOR01 Page” means the display designated as Reuters page “LIBOR01” on the Reuters 3000
Xtra, or such other page as may replace the LIBOR01 page on that service or such other service as may be nominated for the purpose of displaying rates or prices comparable to the London Interbank Offered rate for U.S. dollar deposits by ICE
Benchmark Administration Limited (“IBA”) or its successor or such other entity assuming the responsibility of IBA or its successor in calculating the London Interbank Offered rate in the event IBA or its successor no longer does so. 

U.S. Bank National Association will act as Calculation Agent for the Securities of this series until such time, if any, as the Corporation
shall appoint a successor Calculation Agent in accordance with the terms of the Calculation Agreement (as defined on the reverse hereof). Promptly upon its determination of the interest rate for an Interest Period, the Calculation Agent will notify
the Corporation, the Trustee and each Paying Agent, or, in certain circumstances described below, the Corporation or its Designee will notify the Corporation (if applicable), the Trustee and each Paying Agent, of the interest rate for the new
Interest Period. The Calculation Agent or, in certain circumstances described below, the Corporation or its Designee, will, upon the request of the Holder of this Security, provide the interest rate then in effect on the Securities of this series.
In no event will the initial Calculation Agent (U.S. Bank National Association) be the Designee. All calculations made by the Calculation Agent, or in certain circumstances described below, by the Corporation or its Designee, in the absence of
manifest error shall be conclusive for all purposes and binding on the Corporation and the Holder of this Security. 
 All percentages
resulting from any calculation of the interest rate with respect to the Securities of this series will be rounded, if necessary, to the nearest one-hundred thousandth of a percentage point, with five one-millionths of a percentage point rounded upwards (for example, 9.876545% (or .09876545) being rounded to 9.87655% (or .0987655) and 9.876544% (or .09876544) being rounded to 9.87654% (or .0987654)); and all
dollar amounts in or resulting from any such calculation will be rounded to the nearest cent (with one-half cent being rounded upwards). Any percentage resulting from any calculation of any interest rate for
the Securities of this series less than 0.00% will be deemed to be 0.00% (or 0.0000). 
 The amount of interest for each day the Securities
of this series are outstanding (the “Daily Interest Amount”) will be calculated by dividing the interest rate in effect on the Securities of this series on that day by 360 and multiplying the result by the principal amount of the
Securities of this series. The amount of interest payable on the Securities of this series on any Interest Payment Date or Redemption Date or the Maturity Date will be calculated by adding the Daily Interest Amounts for the Securities of this series
for each day in the applicable Interest Period. The term “Interest Period” means the period beginning on, and including, an Interest Payment Date for the Securities of this series to, but excluding, the next succeeding Interest
Payment Date or Redemption Date or the Maturity Date, as the case may be; provided that the initial Interest Period for the Securities of this series will be the period beginning on, and including, the Original Issue Date to, but excluding, the
Interest Payment Date falling in December 2020. The amount of interest payable on the Securities of this series on any day, other than an Interest Payment Date or Redemption Date or the Maturity Date, on which interest on the Securities of this
series is due and payable will be calculated by adding the Daily Interest Amounts for the Securities of this series for each day from and including the most recent date to which interest on the Securities of this series has been paid or duly
provided for to but excluding the date such payment of interest is due. 

  
 Annex II-4 

 Neither the Trustee nor the Calculation Agent will have any liability for any determination
made by or on behalf of the Corporation or its Designee in connection with a Benchmark Transition Event or Benchmark Replacement. 
 The
interest payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of
business on the Regular Record Date for such interest, which shall be the 15th calendar day (whether or not a Floating Rate Business Day), immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided
for on any Interest Payment Date will forthwith cease to be payable to the Holder on such Regular Record Date by virtue of having been such Holder and may either be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as
more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest on this Security will be made at
the office or agency of the Corporation 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 Corporation payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire
transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days before the applicable Interest Payment Date by the Person entitled thereto. Notwithstanding the
foregoing, so long as the Holder of this Security is the Depositary or its nominee, payment of the principal of (and premium, if any) and interest on this Security will be made by wire transfer of immediately available funds. 

Effect of Benchmark Transition Event 

Benchmark Replacement 
 If
the Corporation (or its Designee) determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any determination of the Benchmark on any date, the Benchmark
Replacement will replace the then-current Benchmark for all purposes relating to the Securities of this series in respect of such determination on such date and all determinations on all subsequent dates. 

Benchmark Replacement Conforming Changes 

In connection with the implementation of a Benchmark Replacement, the Corporation (or its Designee) will have the right to make Benchmark
Replacement Conforming Changes from time to time. 
 Decisions and Determinations 

Any determination, decision or election that may be made by the Corporation (or its Designee) pursuant to this section “Effect of
Benchmark Transition Event,” including any determination with respect to tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or
refrain from taking any action or any selection, will be conclusive and binding absent manifest error, will be made in the Corporation’s (or its Designee’s) sole discretion, and, notwithstanding anything to the contrary in the
documentation relating to the Securities of this series, shall become effective without consent from the Holders of the Securities of this series or any other party. 

Certain Definitions 
 As
used in this Security: 
 “Benchmark” means, initially, three month U.S. dollar LIBOR; provided that if a Benchmark
Transition Event and its related Benchmark Replacement Date have occurred with respect to three month U.S. dollar LIBOR or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement. 

“Benchmark Replacement” means the Interpolated Benchmark with respect to the then-current Benchmark, plus the Benchmark
Replacement Adjustment for such Benchmark; provided that if the Corporation (or its Designee) cannot determine the Interpolated Benchmark as of the Benchmark Replacement Date, then “Benchmark 

  
 Annex II-5 

 
Replacement” means the first alternative set forth in the order below that can be determined by the Corporation (or its Designee) as of the Benchmark Replacement Date: 

 

	 	(1)	 the sum of: (a) Term SOFR and (b) the Benchmark Replacement Adjustment; 

 

	 	(2)	 the sum of: (a) Compounded SOFR and (b) the Benchmark Replacement Adjustment; 

 

	 	(3)	 the sum of: (a) the alternate rate of interest that has been selected or recommended by the Relevant
Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor and (b) the Benchmark Replacement Adjustment; 

  

	 	(4)	 the sum of: (a) the ISDA Fallback Rate and (b) the Benchmark Replacement Adjustment; and

  

	 	(5)	 the sum of: (a) the alternate rate of interest that has been selected by the Corporation (or its Designee)
as the replacement for the then-current Benchmark for the applicable Corresponding Tenor giving due consideration to any industry-accepted rate of interest as a replacement for the then-current Benchmark for U.S. dollar denominated floating rate
notes at such time and (b) the Benchmark Replacement Adjustment. 

 “Benchmark Replacement
Adjustment” means the first alternative set forth in the order below that can be determined by the Corporation (or its Designee) as of the Benchmark Replacement Date: 
  

	 	(1)	 the spread adjustment, or method for calculating or determining such spread adjustment (which may be a positive
or negative value or zero), that has been selected or recommended by the Relevant Governmental Body for the applicable Unadjusted Benchmark Replacement; 

  

	 	(2)	 if the applicable Unadjusted Benchmark Replacement is equivalent to the ISDA Fallback Rate, then the ISDA
Fallback Adjustment; and 

  

	 	(3)	 the spread adjustment (which may be a positive or negative value or zero) that has been selected by the
Corporation (or its Designee) giving due consideration to any industry-accepted spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of the then-current Benchmark with the applicable Unadjusted
Benchmark Replacement for U.S. dollar denominated floating rate notes at such time. 

 The Benchmark Replacement
Adjustment shall not include the Margin and such Margin shall be applied to the Benchmark Replacement to determine the interest payable on the Securities of this series. 

“Benchmark Replacement Conforming Changes” means, with respect to any Benchmark Replacement, any technical, administrative or
operational changes (including changes to the definition of “Interest Period”, timing and frequency of determining rates and making payments of interest, rounding of amounts or tenor, and other administrative matters) that the Corporation
(or its Designee) decides may be appropriate to reflect the adoption of such Benchmark Replacement in a manner substantially consistent with market practice (or, if the Corporation (or its Designee) decides that adoption of any portion of such
market practice is not administratively feasible or if the Corporation (or its Designee) determines that no market practice for use of the Benchmark Replacement exists, in such other manner as the Corporation (or its Designee) determines is
reasonably necessary). 
 “Benchmark Replacement Date” means the earliest to occur of the following events with respect to
the then-current Benchmark: 
  

	 	(1)	 in the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of

  

	 	(a)	 the date of the public statement or publication of information referenced therein and 

 

	 	(b)	 the date on which the administrator of the Benchmark permanently or indefinitely ceases to provide the
Benchmark; or 

  

	 	(2)	 in the case of clause (3) of the definition of “Benchmark Transition Event,” the date of the
public statement or publication of information referenced therein. 

 For the avoidance of doubt, if the event giving rise
to the Benchmark Replacement Date occurs on the same day as, but earlier than, the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination.

  
 Annex II-6 

 “Benchmark Transition Event” means the occurrence of one or more of the
following events with respect to the then-current Benchmark: 
  

	 	(1)	 a public statement or publication of information by or on behalf of the administrator of the Benchmark
announcing that such administrator has ceased or will cease to provide the Benchmark, permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide the
Benchmark; 

  

	 	(2)	 a public statement or publication of information by the regulatory supervisor for the administrator of the
Benchmark, the central bank for the currency of the Benchmark, an insolvency official with jurisdiction over the administrator for the Benchmark, a resolution authority with jurisdiction over the administrator for the Benchmark or a court or an
entity with similar insolvency or resolution authority over the administrator for the Benchmark, which states that the administrator of the Benchmark has ceased or will cease to provide the Benchmark permanently or indefinitely, provided that, at
the time of such statement or publication, there is no successor administrator that will continue to provide the Benchmark; or 

  

	 	(3)	 a public statement or publication of information by the regulatory supervisor for the administrator of the
Benchmark announcing that the Benchmark is no longer representative. 

 “Compounded SOFR” means the
compounded average of SOFRs for the applicable Corresponding Tenor, with the rate, or methodology for this rate, and conventions for this rate being established by the Corporation (or its Designee) in accordance with: 

 

	 	(1)	 the rate, or methodology for this rate, and conventions for this rate selected or recommended by the Relevant
Governmental Body for determining Compounded SOFR; provided that: 

  

	 	(2)	 if, and to the extent that, the Corporation (or its Designee) determines that Compounded SOFR cannot be
determined in accordance with clause (1) above, then the rate, or methodology for this rate, and conventions for this rate that have been selected by the Corporation (or its Designee) giving due consideration to any industry-accepted market
practice for U.S. dollar denominated floating rate notes at such time. 

 For the avoidance of doubt, the calculation of
Compounded SOFR shall exclude the Benchmark Replacement Adjustment and the Margin. 
 “Corresponding Tenor” with respect to
a Benchmark Replacement means a tenor (including overnight) having approximately the same length (disregarding business day adjustment) as the applicable tenor for the then-current Benchmark. 

“Federal Reserve Bank of New York’s Website” means the website of the Federal Reserve Bank of New York at
http://www.newyorkfed.org, or any successor source. 
 “Interpolated Benchmark” with respect to the Benchmark means the
rate determined for the Corresponding Tenor by interpolating on a linear basis between: (1) the Benchmark for the longest period (for which the Benchmark is available) that is shorter than the Corresponding Tenor and (2) the Benchmark for
the shortest period (for which the Benchmark is available) that is longer than the Corresponding Tenor. 
 “ISDA
Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest
rate derivatives published from time to time. 
 “ISDA Fallback Adjustment” means the spread adjustment (which may be a
positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor. 

“ISDA Fallback Rate” means the rate that would apply for derivatives transactions referencing the ISDA Definitions to be
effective upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable ISDA Fallback Adjustment. 

“Reference Time” with respect to any determination of the Benchmark means (1) if the Benchmark is three month U.S.
dollar LIBOR, 11:00 a.m., London time, on the Interest Determination Date, and (2) if the Benchmark is not three month U.S. dollar LIBOR, the time determined by the Corporation (or its Designee) in accordance with the Benchmark Replacement
Conforming Changes. 

  
 Annex II-7 

 “Relevant Governmental Body” means the Federal Reserve Board and/or the
Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto. 

“SOFR” with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank
of New York, as the administrator of the benchmark (or a successor administrator), on the Federal Reserve Bank of New York’s Website. 

“Term SOFR” means the forward-looking term rate for the applicable Corresponding Tenor based on SOFR that has been selected
or recommended by the Relevant Governmental Body. 
 “Unadjusted Benchmark Replacement” means the Benchmark Replacement
excluding the Benchmark Replacement Adjustment. 
 Provisions on Reverse; Authentication 

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Signature Page Follows] 

  
 Annex II-8 

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

 

			
	SOUTHERN CALIFORNIA GAS COMPANY
		
	By:	 	
                     
                   

	Name:	 	
	Title:	 	

  

			
	Attest:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	

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

  

			
	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

 Dated:
                     

  
 Annex II-9 

 (REVERSE OF SECURITY) 

This Security is one of a duly authorized issue of securities of the Corporation (herein called the “Securities”), issued and
to be issued in one or more series under an Indenture, dated as of September 21, 2020 (herein called the “Indenture,” which term shall have the meaning assigned to it in such instrument), between the Corporation and U.S. Bank
National Association, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture for a statement of the respective rights, limitation of
rights, duties and immunities thereunder of the Corporation, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on
the face hereof. 
 In connection with the issuance of the Securities of this series, the Corporation has entered into a Calculation Agent
Agreement dated as of September 21, 2020 (as the same may be amended or supplemented from time to time and including any successor agreement thereto, the “Calculation Agreement”) with U.S. Bank National Association, as
calculation agent (in such capacity herein called the “Calculation Agent,” which term includes any successor thereto under the Calculation Agreement). 

The Securities of this series are not redeemable at the option of the Corporation prior to March 14, 2021. On and after March 14,
2021, the Corporation may, at its option, redeem the Securities of this series, at any time in whole or from time to time in part, at a Redemption Price equal to 100% of the principal amount of the Securities of this series being redeemed, plus
accrued and unpaid interest on the Securities of this series being redeemed to the Redemption Date. 
 If the Corporation redeems Securities
of this series at its option, then, notwithstanding the foregoing, installments of interest on the Securities of this series that are due and payable on any Interest Payment Date falling on or prior to a Redemption Date for the Securities of this
series will be payable on that Interest Payment Date to the Holders thereof as of the close of business on the Regular Record Date immediately preceding such Interest Payment Date, according to the terms of the Securities of this series and the
Indenture. 
 The Corporation will mail notice of any redemption at least 30 days but not more than 60 days before the Redemption Date to
each Holder of the Securities of this series to be redeemed. Once notice of redemption is mailed, the Securities of this series called for redemption will become due and payable on the Redemption Date at the applicable Redemption Price, plus accrued
and unpaid interest to the Redemption Date, and will be paid upon surrender thereof for redemption. If the Corporation elects to redeem all or a portion of the Securities of this series, that redemption will not be conditional upon receipt by any
Paying Agent or the Trustee of monies sufficient to pay the Redemption Price. 
 Unless the Corporation defaults in payment of the
Redemption Price of any Securities of this series or portions thereof called for redemption, on and after the Redemption Date interest will cease to accrue on the Securities of this series or portions thereof called for redemption. 

If less than all of the Outstanding Securities of this series are to be redeemed on any Redemption Date, the particular Securities of this
series (or portions thereof) to be redeemed shall be selected by the Trustee by such method as the Trustee shall deem fair and appropriate or, in the case of Securities of this series represented by one or more Global Securities of this series
registered in the name of a Depositary or its nominee, by such method of selection as may be required or permitted by the procedures of the Depositary; provided that the unredeemed portion of the principal amount of any Security of this series shall
be an authorized denomination. In the event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor in an aggregate principal amount equal to the unredeemed portion of the principal hereof
will be issued in the name of the Holder hereof upon the cancellation hereof. 
 The Indenture contains provisions for defeasance of the
entire indebtedness of this Security and covenant defeasance with respect to the Securities of this series, in each case at any time upon compliance with certain conditions set forth in the Indenture. 

If an Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of and accrued and unpaid
interest on the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. 

  
 Annex II-10 

 The Indenture permits, with certain exceptions as therein provided, the amendment thereof
and the modification of the rights and obligations of the Corporation and the rights of the Holders of the Securities of each series affected under the Indenture at any time by the Corporation and the Trustee with the consent of the Holders of a
majority in principal amount of the Securities of each series at the time Outstanding affected thereby. The Indenture contains provisions permitting the Holders of not less than a majority in principal amount of the Securities of any series at the
time Outstanding with respect to which a default under the Indenture shall have occurred and be continuing, on behalf of the Holders of all Securities of such series, to waive, with certain exceptions, such past default with respect to such series
and its consequences. The Indenture also permits the Holders of not less than a majority in 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 Corporation with certain provisions of the Indenture. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the
registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to
the Securities of this series, the Holders of not less than 33% in principal amount of the Securities of this series at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default
as Trustee, such Holder or Holders shall have offered the Trustee reasonable indemnity against the costs, expenses and liabilities to be incurred in compliance with such request, the Trustee, for 60 days after its receipt of such notice, request and
offer of indemnity, has failed to institute any such proceeding, and 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 Securities of this series at the time Outstanding. The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed herein. 
 No reference herein to the Indenture and no provision of this Security or of the
Indenture shall alter or impair the obligation of the Corporation, which is absolute and unconditional, to pay the principal of and premium, if any, and interest on this Security at the times, place and rate, and in the coin or currency, herein
prescribed. 
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is
registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Corporation in any place where the principal of and any premium and interest on this Security are payable. If this
Security is presented or surrendered for registration of transfer or exchange, it shall (if so required by the Corporation or the Trustee) be duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the
Corporation and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate
principal amount, will be issued to the designated transferee or transferees. 
 The Securities of this series are issuable only in
registered form without coupons in denominations of $2,000 and integral multiples of $1,000 in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like
aggregate principal amount of Securities of this series and of like tenor of a different authorized denomination, as requested by the Holder surrendering the same. 

No service charge shall be made for any such registration of transfer or exchange, but the Corporation may require payment of a sum sufficient
to cover any tax or other governmental charge payable in connection therewith. 
 Prior to due presentment of this Security for registration
of transfer, the Corporation, the Trustee and any agent of the Corporation or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the
Corporation, the Trustee nor any such agent shall be affected by notice to the contrary. 
 This Security shall be governed by and construed
in accordance with the laws of the State of New York, without regard to conflict of law principles thereof. 
 All terms used in this
Security which are defined in the Indenture and not defined herein shall have the meanings assigned to them in the Indenture. 

  
 Annex II-11 

 [End of Reverse of Security] 

  
 Annex II-12 

 ASSIGNMENT 

For value received                     
hereby sell(s) assign(s) and transfer(s) unto                      (Please insert social security or other Taxpayer Identification Number of
assignee) the within Security, and hereby irrevocably constitutes and appoints                      attorney to transfer said Security on the books
of the Corporation, with full power of substitution in the premises. 
 Dated: 

 

	
	  

	
	  

	 Signature(s)

	
	Signature(s) must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Security Registrar, which requirements include membership or participation in the Security Transfer Agent
Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Security Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange
Act of 1934, as amended.
	
	  

	 Signature Guarantee

 NOTICE: The signature on this Assignment must correspond with the name as written upon the face of the Security in every
particular without alteration or enlargement or any change whatever. 

  
 Annex II-13EX-10.1

 Exhibit 10.1 
  

 
 September 23, 2020 

Mr. Andrew Wiechmann 
 [ADDRESS] 

Dear Andy: 
 I am pleased to confirm our offer for you to become
Chief Financial Officer (“CFO”) of MSCI Inc. (“MSCI” or the “Firm”) effective September 25, 2020. In this position, you will work in the New York office, and will be an Executive Officer and member of the
Firm’s Executive Committee reporting directly to Henry Fernandez, Chairman and Chief Executive Officer. You will be indemnified by the Firm in accordance with the Firm’s by-laws for your services to
and on behalf of the Firm, and will be covered by directors’ and officers’ liability insurance to the same extent as other executive officers of the Firm are so covered. 

The details of our offer are as follows: 
  

	1.	 Compensation. Your target compensation will consist of the following components: 

 

	 	•	 	 Base Salary: Your annual base salary will be $500,000 effective October 1, 2020. You will be eligible
for an adjustment to your base salary beginning in January 2022 and review for adjustment each year thereafter. 

  

	 	•	 	 Annual Incentive Plan (AIP): You will be eligible to participate in MSCI’s Annual Incentive Plan
(“AIP”) with an annual target bonus opportunity of $600,000 effective October 1, 2020. Your actual 2020 bonus under the AIP will be prorated based on the portion of the year to which your target bonus opportunity in your current
position applied and the portion of the year to which your new target bonus opportunity in your position as CFO will apply. Actual AIP payments will be based on the achievement of specific annual metrics and goals aligned with your role.

  

	 	•	 	 70% of your AIP bonus is formulaic and based on specific MSCI financial metrics approved by the Board or the
Compensation and Talent Management Committee (the “Committee”), as the case may be, and aligned to your role. These metrics will be reviewed annually. 

 

	 	•	 	 30% of your AIP bonus is discretionary and tied to the attainment of key performance indicator (“KPI”)
goals and your performance as a leader and manager. 

  

	 	•	 	 Payments, if any, under the AIP are not guarantees or commitments to pay and are subject to the Firm’s
performance as well as your individual performance as determined by management and the Board. All payments under the AIP are contingent upon satisfactory performance and conduct. You must remain employed through the applicable payment date in order
to receive any AIP bonus. 

  
 1 

 

 
  

	 	•	 	 Long- Term Incentive Plan: You will be eligible to receive a discretionary equity award pursuant to
MSCI’s Long Term Incentive Plan (LTIP). You will be eligible for your next annual LTIP award in February 2021. 

  

	 	•	 	 Your LTIP target is $900,000. The design of your LTIP will be aligned with that of other Executive Committee
members with the same mix of equity vehicles, terms and performance period. LTIP awards, if any, will be made pursuant to the terms of the MSCI Inc. 2016 Omnibus Incentive Plan (as may be amended from time to time) (together with any successor plan
thereto, the “Omnibus Plan”) and will be governed by the terms of the Omnibus Plan and the applicable grant agreements thereunder approved by the Board or the Committee. 

 

	 	•	 	 The vesting and settlement of LTIP awards will be contingent upon you remaining employed through the applicable
vesting dates, unless otherwise provided in the applicable grant agreements, and your compliance with the restrictions, terms, and conditions of the award and Omnibus Plan provisions (including, without limitation, the cancellation provisions).

  

	 	•	 	 Any LTIP awards and other incentive compensation that you may receive from MSCI will contain restrictive
covenants with respect to non-competition, non-solicitation, non-hire, non-disparagement,
notice requirements and other restrictions that you must comply with, including after any resignation or termination of your employment with MSCI. 

  

	2.	 Severance. As a member of the Executive Committee, in the event your employment is involuntarily
terminated by the Company not-for-cause, you will be eligible to receive a lump sum cash payment equal to (a) one times the sum of (i) your annual base salary
and (ii) your target annual bonus opportunity plus (b) a prorated cash bonus under the AIP for the year of termination, based on actual performance through the date of termination; provided that the foregoing payment
is subject to your valid execution and non-revocation of an agreement,, in a form satisfactory to MSCI, that includes, among other things, a waiver and general release claims and
non-competition, non-solicitation and non-disparagement provisions. The treatment of your LTIP awards upon the Company’s
involuntary termination of your employment not-for-cause will be determined in accordance with, and subject to, the terms set forth in the Omnibus Plan and the
applicable grant notice governing such awards. 

  

	3.	 Change in Control Severance. As a member of the Executive Committee, you will be eligible to participate
in the MSCI Inc. Change in Control Severance Plan, in accordance with, and subject to, the terms and conditions of such plan. The treatment of your LTIP awards upon a termination of your employment in connection with a change in control transaction
will be determined in accordance with, and subject to, the terms set forth in the Omnibus Plan and the applicable grant notice governing such awards. 

  
 2 

 

 
  

	4.	 Clawback Policy. Any incentive compensation (whether in the form of cash and equity) that you receive
will be subject to the MSCI Inc. Clawback Policy (as may be amended from time to time), which provides that the Firm may recoup incentive compensation in the event of a restatement of financial or other performance-based measures (regardless of
whether detrimental conduct has occurred) or in the event that detrimental conduct results in an increased level of performance goal achievement or otherwise causes material financial and/or reputational harm to the Firm. 

 

	5.	 Ownership Policy. As an Executive Officer, you will be subject to the MSCI Inc. Executive Committee
Stock Ownership Guidelines, which requires you to own shares of MSCI Inc. equal to 4X your base salary within five years of the date of your appointment as CFO. Until the expected stock ownership level is achieved, you are required to retain 50% of
the “net shares” resulting from the vesting, settlement or exercise, as applicable, of all LTIP awards granted to you (assuming a tax rate of 50%). In addition, Executive Officers may be subject to additional holding requirements under the
terms of individual equity awards. 

  

	6.	 Vacation. You will be eligible for 30 days of vacation per annum. Vacation must be taken at a time that
is mutually agreed upon by you and your manager. We ask that you request your vacation time with as much notice as possible. Vacation days do not carry over from year to year. 

 

	7.	 Group Benefits. You will be eligible for benefits consistent with other similarly situated U.S. based
employees. 

  

	8.	 Policies. You agree to comply with all Firm policies and procedures in effect from time to time,
including, without limitation, with respect to conduct, privacy, security, confidential and proprietary information, inventions, technology, securities trading and occupational health and safety. You understand and agree that unless you are granted
a waiver in writing by the Legal and Compliance Department you may be required, upon the commencement of employment, to transfer any brokerage/securities accounts that you may influence or control to a designated institution for surveillance and
review by the MSCI Legal and Compliance Department and that certain restrictions and requirements may be imposed on your trading in any such accounts. Additionally, you must disclose to MSCI all other business activities that you engage in, which
will be subject to review and approval by the MSCI Legal and Compliance Department. You will be reimbursed for business-related expenses in accordance with Firm policy. 

 

	9.	 Taxes. All payments made to you by the Firm are subject to applicable withholdings and deductions and
you are responsible for payment of any applicable taxes that are not withheld. If any provision of this offer letter fails to satisfy the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), or
any Treasury Regulations or guidance promulgated thereunder, or would result in your recognizing income for United States federal income tax purposes with respect to any amount payable hereunder before the date of payment, or to incur interest or
additional tax pursuant to Section 409A of the Code, MSCI reserves the right to reform such provision; provided that MSCI shall maintain, to the maximum extent practicable, the original intent of the applicable provision without violating the
requirements of Section 409A of the Code. 

  
 3 

 

 
  

	10.	 At-Will Employment; No Guaranteed Compensation or Benefits. In
accepting this position, you acknowledge that your employment is on an at-will basis and for an unspecified duration. Neither this offer letter, nor any oral representations shall confer any right to
continuing employment. Either you or MSCI may terminate your employment relationship at any time, with or without cause. You further understand that neither job performance, promotions, accommodations, salary, bonuses nor the like shall imply any
obligation on the part of MSCI to continue your employment. It is expressly agreed that any payments or awards do not create an obligation of, nor entitlement to, future payments or awards by the Firm. Nothing in this letter should be construed as a
guarantee of any level of compensation or benefits or of your participation in any compensation or benefit plan. MSCI reserves the right to amend, modify or terminate, in its sole discretion, all compensation and benefit plans in effect from time to
time. 

  

	11.	 Entire Agreement. This offer letter constitutes the entire understanding and contains a complete
statement of all agreements between you and MSCI and supersedes all prior or contemporaneous oral or written agreements, understandings or communications (including, without limitation, any term sheet or other summary writing relating to your
employment); provided, that all summaries of your equity awards as well as the MSCI Inc. Clawback Policy, the MSCI Inc. Executive Committee Stock Ownership Guidelines and the MSCI Inc. Change in Control Severance Plan are qualified in their entirety
by the full text of the equity award agreements and such policies. 

 We ask that you confirm your acceptance of this offer by signing and
dating this letter in the area designated below and returning this letter via email to [NAME] ([EMAIL]). 
 Andy, we look forward to working with you in
your new role as CFO. 
 Sincerely, 
 /s/ Scott Crum 

Scott Crum 
 Chief Human Resources Officer 

Offer Accepted and Agreed To: 
  

			
	Signed:	 	 /s/ Andrew Wiechmann

		 	Andrew Wiechmann
		
	Date:	 	 September 24. 2020

  
 4

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