Document:

exv4w2

Exhibit 4.2

       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 DEPOSITORY TRUST
COMPANY TO THE ISSUER 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 DEPOSITORY TRUST COMPANY (AND ANY PAYMENT HEREON IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

HARRIS CORPORATION

6.15% NOTES DUE 2040

			
	Registered No. R-1

Issue Date: December 3, 2010
	 	CUSIP: 413875AN5

ISIN: US413875AN59

$300,000,000

       HARRIS CORPORATION, a corporation duly organized and existing under the laws of the State of
Delaware, promises to pay to Cede & Co. or registered assigns, the principal amount of THREE
HUNDRED MILLION DOLLARS ($300,000,000) on December 15, 2040.

       This Security shall bear interest at the rate of 6.15% per annum.
Additional provisions of this Security are set forth on the other side of this Security.

	 	 	 	 	 
	Dated:  December 3, 2010 	HARRIS CORPORATION

 	 
	 	By:  	
 	 
	 	 	Name:  	Gary L. McArthur 	 
	 	 	Title:  	Senior Vice President and

Chief Financial Officer 	 
	 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

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

	 	 	 	 	 
	 	THE BANK OF NEW YORK MELLON TRUST 
COMPANY, N.A., as Trustee

 	 
	 	By:  	 	 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 

Dated: December 3, 2010

 

 

REVERSE OF SECURITY

6.15% NOTES DUE 2040

1.     Interest.

       This Security shall bear interest at the rate of 6.15% per year on the principal amount
hereof, from December 3, 2010 or from the most recent Interest Payment Date (as defined below) to
which payment has been paid or duly provided for, payable semi-annually in arrears on June 15 and
December 15 of each year (each, an “Interest Payment Date”), commencing June 15, 2011, to the
persons in whose names the Securities are registered at the close of business on June 1 or December
1 (each, a “Regular Record Date”) (whether or not a Business Day), as the case may be, next
preceding such Interest Payment Date. Interest on the Securities will be computed on the basis of
a 360-day year comprised of twelve 30-day months.

       If the principal amount of a Security, plus accrued and unpaid interest, or any portion
thereof, is not paid when due (whether upon acceleration pursuant to Section 7.01 of the Indenture,
upon the date set for payment of the Redemption Price pursuant to Section 5 hereof, or at maturity
of this Security), then, in each such case, the overdue amount shall, to the extent permitted by
law, bear interest at the rate applicable to the Securities, compounded semi-annually, which
interest shall accrue from the date such overdue amount was originally due to the date of payment
of such amount, including interest thereon, has been made or duly provided for. All such interest
shall be payable on demand and shall be computed on the basis of a 360-day year comprised of twelve
30-day months.

       Interest will be paid (i) so long as this Security is in the form of a Global Security, to the
Depositary in immediately available funds or (ii) if this Security is in the form of a definitive
Security, (a) on the definitive Securities having an aggregate principal amount of $10,000,000 or
less, by check mailed to the Holders of such Securities, and (b) on the definitive Securities
having an aggregate principal amount of more than $10,000,000, by wire transfer in immediately
available funds at the written election of the Holders of these Securities.

2.     Method of Payment.

       Subject to the terms and conditions of the Indenture, the Company will make payments in cash
in respect of Redemption Prices and at maturity to Holders who surrender Securities to the Paying
Agent to collect such payments in respect of the Securities. The Company will pay cash amounts in
money of the United States that at the time of payment is legal tender for payment of public and
private debts. However, the Company may make such cash payments by wire transfer of immediately
available funds or check payable in such money.

3.     Paying Agent and Registrar.

       Initially, the Trustee (as defined in Section 4 below) will act as Paying Agent and Registrar.
The Company may appoint and change any Paying Agent or Registrar without notice, other than notice
to the Trustee; provided, however, that the Company will maintain at least one
Paying Agent in the State of New York, City of New York, Borough of Manhattan, which shall
initially be an office or agency of the Trustee. The Company or any of its Subsidiaries or any of
their Affiliates may act as Paying Agent or Registrar.

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4.     Series.

       This Security is one of a duly authorized issue of securities of the Company, issued or to be
issued in one or more series under an indenture dated as of September 3, 2003 (the “Indenture”),
between the Company and The Bank of New York Mellon Trust Company, N.A., as successor to The Bank
of New York, as trustee (the “Trustee”, which term includes any successor Trustee under the
Indenture). All terms used in this Security which are defined in the Indenture shall have the
meanings assigned to them in the Indenture. Pursuant to Section 2.03 of the Indenture, this series
of Securities is issued under an officers’ certificate of the Company dated December 3, 2010 (the
“Officers’ Certificate”) to establish the terms of this series of Securities, setting forth such
terms, to which Indenture and Officers’ Certificate reference is hereby made for a statement of the
respective rights, limitations of rights, duties and immunities thereunder of the Company, the
Trustee and the Holders of the 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.

       The initial Securities of this series issued on December 3, 2010 (and any Securities of such
series issued in exchange therefor) and any additional Securities of such series issued upon a
further reopening of the Securities in accordance with the Indenture (and any Securities of such
series issued in exchange therefor) will be treated as a single class for all purposes under the
Indenture.

       The Securities are unlimited in aggregate principal amount.

5.     Optional Redemption; No Sinking Fund.

       The Company may at its option redeem the Securities at any time, in whole or in part, at a
“make-whole” redemption price (the “Redemption Price”) equal to the greater of:

       (1) 100% of the principal amount of the Securities being redeemed; and

       (2) the sum of the present values of the remaining scheduled payments of the principal and
interest (other than interest accruing to the date of redemption) on the Securities being redeemed,
discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of
twelve 30-day months) at the Treasury Rate, as defined below, plus 35 basis points.

       In each case, the Company will pay accrued interest on the principal amount of the Securities
being redeemed to, but not including, the redemption date.

       “Comparable Treasury Issue” means, with respect to the Securities, the United States Treasury
security selected by an Independent Investment Banker as having a maturity comparable to the
remaining term (“Remaining Life”) of the Securities being redeemed 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 Life of such Securities.

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

       “Independent Investment Banker” means one of the Reference Treasury Dealers that the Company
appoints to act as the Independent Investment Banker from time to time.

       “Reference Treasury Dealer” means each of J.P. Morgan Securities LLC, Merrill Lynch, Pierce,
Fenner & Smith Incorporated, Morgan Stanley & Co. Incorporated, and two other primary U.S.
government securities dealers in New York City (each a “Primary Treasury Dealer”) selected by the
Company, and in each case, their respective successors, provided, however, that if any of the
foregoing ceases to be a Primary Treasury Dealer, the Company will appoint another Primary Treasury
Dealer as a substitute.

       “Reference Treasury Dealer Quotations” means, for each Reference Treasury Dealer and any
redemption date, the average, as determined by the Trustee, of the bid and asked prices for the
Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted
in writing to the Trustee by the Reference Treasury Dealer at 5:00 p.m. New York City time on the
third business day preceding the redemption date for the Securities being redeemed.

       “Treasury Rate” means, with respect to any redemption date, the rate per year equal to: (1)
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; provided, however, that if no maturity is within
three months before or after the Remaining Life of the Securities to be redeemed, yields for the
two published maturities most closely corresponding to the Comparable Treasury Issue shall 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 (2) if such release (or any successor
release) is not published during the week preceding the calculation date or does not contain such
yields, the rate per year 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 such redemption
date. The Treasury Rate shall be calculated on the third business day preceding the redemption
date.

       If the Company elects to redeem less than all of the Securities, then the Trustee will select
the particular Securities to be redeemed in a manner it deems appropriate and fair.

       Notice of any redemption will be mailed at least 30 days but not more than 60 days before the
date of redemption to each Holder of the Securities to be redeemed. The notice of redemption will
state, among other things, the amount of Securities to be redeemed, the redemption date, the
redemption price and the place or places that payment will be made upon presentation and surrender
of Securities to be redeemed. Unless the Company defaults in

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payment of the Redemption Price, on and after the date of redemption, interest will cease to
accrue on the Securities or the portions called for redemption.

       No sinking fund is provided for the Securities.

6.     Change of Control.

       If a Change of Control Repurchase Event (as defined below) occurs, unless the Company has
exercised its right to redeem the Securities, the Company will make an offer to each Holder of
Securities to repurchase all or any part (in a principal amount of $2,000 or an integral multiple
of $1,000 above that amount) of that Holder’s Securities at a repurchase price in cash equal to
101% of the aggregate principal amount of Securities repurchased plus any accrued and unpaid
interest on the Securities repurchased to, but not including, the date of repurchase. Within 30
days following any Change of Control Repurchase Event or, at the Company’s option, prior to any
Change of Control (as defined below), but after the public announcement of an impending Change of
Control, the Company will mail a notice to each Holder, with a copy to the Trustee, describing the
transaction or transactions that constitute or may constitute the Change of Control Repurchase
Event and offering to repurchase Securities on the payment date specified in the notice, which date
will be no earlier than 30 days and no later than 60 days from the date such notice is mailed. The
notice shall, if mailed prior to the date of consummation of the Change of Control, state that the
offer to repurchase is conditioned on the Change of Control Repurchase Event occurring on or prior
to the payment date specified in the notice.

       The Company will comply with the requirements of Rule 14e-1 under the Securities Exchange Act
of 1934, as amended, and any other securities laws and regulations thereunder, to the extent those
laws and regulations are applicable in connection with the repurchase of the Securities as a result
of a Change of Control Repurchase Event. To the extent that the provisions of any securities laws
or regulations conflict with the Change of Control Repurchase Event provisions of the Securities,
the Company will comply with the applicable securities laws and regulations and will not be deemed
to have breached its obligations under the Change of Control Repurchase Event provisions of the
Securities by virtue of such conflict.

       On the Change of Control Repurchase Event payment date, the Company will, to the extent
lawful:

       (1) accept for payment all Securities or portions of Securities (in a principal amount of
$2,000 or an integral multiple of $1,000 above that amount) properly tendered pursuant to the
Company’s offer;

       (2) deposit with the Paying Agent an amount equal to the aggregate purchase price in respect
of all Securities or portions of Securities properly tendered; and

       (3) deliver or cause to be delivered to the Trustee the Securities properly accepted,
together with an Officers’ Certificate stating the aggregate principal amount of Securities being
repurchased by the Company.

       The Paying Agent will promptly mail to each Holder of Securities properly tendered the
repurchase price for the Securities, and the Trustee will promptly authenticate and mail (or cause

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to be transferred by book-entry) to each Holder a new Security equal in principal amount to
any unpurchased portion of any Securities surrendered; provided, that each new Security will be in
a principal amount of $2,000 or an integral multiple of $1,000 above that amount.

       The Company will not be required to make an offer to repurchase the Securities upon a Change
of Control Repurchase Event if a third party makes such an offer in the manner, at the times and
otherwise in compliance with the requirements for an offer made by the Company and such third party
purchases all Securities properly tendered and not withdrawn under its offer.

       “Below Investment Grade Rating Event” means the Securities are lowered to below Investment
Grade by both Rating Agencies on any date from the date of the public notice of an arrangement that
could result in a Change of Control until the end of the 60-day period following public notice of
the occurrence of a Change of Control (which period shall be extended so long as the rating of the
Securities is under publicly announced consideration for possible downgrade by either of the Rating
Agencies); provided that a Below Investment Grade Rating Event otherwise arising by virtue of a
particular reduction in rating shall not be deemed to have occurred in respect of a particular
Change of Control (and thus shall not be deemed a Below Investment Grade Rating Event for purposes
of the definition of Change of Control Repurchase Event hereunder) if any of the Rating Agencies
making the reduction in rating to which this definition would otherwise apply does not announce or
publicly confirm or inform the Trustee in writing at its request that the reduction was the result,
in whole or in part, of any event or circumstance comprised of or arising as a result of, or in
respect of, the applicable Change of Control (whether or not the applicable Change of Control shall
have occurred at the time of the Below Investment Grade Rating Event).

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

       (1) the direct or indirect sale, transfer, conveyance or other disposition (other than by way
of merger or consolidation), in one or a series of related transactions, of all or substantially
all of the Company’s properties or assets and those of the Company’s Subsidiaries taken as a whole
to any “person” or “group” (as that term is used in Section 13(d)(3) of the Securities Exchange Act
of 1934, as amended), other than the Company or one of its Subsidiaries;

       (2) the adoption by the holders of the Company’s Voting Stock of a plan relating to the
Company’s liquidation or dissolution;

       (3) the first day during any period of 24 consecutive months on which a majority of the
members of the Company’s Board of Directors are not Continuing Directors; or

       (4) the consummation of any transaction or series of related transactions (including, without
limitation, any merger or consolidation) the result of which is that any “person” or “group” (as
that term is used in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended), other
than the Company or one of its wholly-owned Subsidiaries, becomes the beneficial owner, directly or
indirectly, of more than 50% of the then outstanding number of shares of the Company’s Voting
Stock, measured by voting power rather than number of shares; provided that a merger shall not
constitute a “change of control” under this definition if (i) the sole purpose of the merger is the
Company’s reincorporation in another state and (ii) the

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Company’s shareholders and the number of shares of the Company’s Voting Stock, measured by
voting power and number of shares, owned by each of them immediately before and immediately
following such merger are identical.

       “Change of Control Repurchase Event” means the occurrence of both a Change of Control and a
Below Investment Grade Rating Event.

       “Continuing Director” means, as of any date of determination, any member of the Company’s
Board of Directors (1) who was a member of such Board of Directors on the date of the issuance of
the Securities; (2) who was nominated for election or elected to such Board of Directors with the
approval of the individuals referred to in clause (1) above constituting at the time of such
nomination or election at least a majority of the Board of Directors (either by a specific vote or
by approval of the Company’s proxy statement in which such member was named as a nominee for
election as a director); or (3) whose nomination or election was approved by individuals referred
to in clauses (1) and (2) above constituting at the time of such nomination or election at least a
majority of the Board of Directors.

       “Investment Grade” means a rating of Baa3 or better by Moody’s (or its equivalent under any
successor rating categories of Moody’s) and a rating of BBB- or better by S&P (or its equivalent
under any successor rating categories of S&P) or the equivalent investment grade credit rating from
any additional Rating Agency or Rating Agencies selected by the Company.

       “Moody’s” means Moody’s Investors Service, Inc.

       “Rating Agency” means (1) each of Moody’s and S&P; and (2) if either of Moody’s or S&P ceases
to rate the Securities or fails to make a rating of the Securities publicly available for reasons
outside of the Company’s control, a “nationally recognized statistical rating organization” within
the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Securities Exchange Act of 1934, as amended,
selected by the Company as a replacement agency for Moody’s or S&P, as the case may be.

       “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc.

       “Voting Stock” means, with respect to any person, capital stock of any class or kind the
holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election
of directors (or persons performing similar functions) of such person, even if the right so to vote
has been suspended by the happening of such a contingency.

7.     Denominations; Transfer; Exchange.

       The Securities are in fully registered form, without coupons, in minimum denominations of
$2,000 of principal amount and integral multiples of $1,000 above that amount. A Holder may
transfer or exchange the Securities in accordance with the Indenture. The Registrar may require a
Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay
any taxes and fees required by law or permitted by the Indenture.

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       The Company shall not be required to exchange or register a transfer of (a) any Security for a
period of fifteen days next preceding the first mailing of notice of redemption of Securities or
(b) any Securities selected, called or being called for redemption, in whole or in part, except, in
the case of any Security to be redeemed in part, the portion thereof not so to be redeemed.

8.     Persons Deemed Owners.

       The registered Holder of this Security may be treated as the owner of this Security for all
purposes.

9.     Unclaimed Money or Securities.

       The Trustee and the Paying Agent shall return to the Company any money held by them for the
payment of any amount with respect to the Securities that remains unclaimed for two years, subject
to applicable unclaimed property law. After return to the Company, Holders entitled to the money
or securities must look to the Company for payment as general creditors unless an applicable
abandoned property law designates another person.

10.     Amendment; Waiver.

         The Indenture permits, with certain exceptions as therein provided, the amendment thereof and
the modification of the rights and obligations of the Company and the rights of the Holders of the
Securities to be affected under the Indenture at any time by the Company and the Trustee with the
consent of the Holders of not less than a majority in aggregate principal amount of the outstanding
Securities to be affected. 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 the Securities of such series, to waive compliance by
the Company with certain provisions of the Indenture and certain past defaults under the Indenture
and their consequences. Any such consent or waiver by the Holder of this 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.

11.     Obligations Absolute.

         No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay
the principal of and any premium and interest on this Security at the place, at the respective
times, at the rate and in the coin or currency herein prescribed.

12.     Trustee Dealings with the Company.

         Subject to certain limitations imposed by the Trust Indenture Act of 1939, the Trustee under
the Indenture, in its individual or any other capacity, may become the owner or pledgee of
Securities and may otherwise deal with the Company or its Affiliates with the same rights it would
have if it were not Trustee.

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13.     Book-Entry Provisions for Global Securities. 

         This Security is in the form of a Global Security as provided in the Indenture. The Global
Security for this series initially shall (i) be registered in the name of the Depositary, who shall
be The Depository Trust Company or as otherwise identified in or pursuant to the Officers’
Certificate authorizing the issuance of this series of Securities or the nominee of such
Depositary, (ii) be delivered to the Trustee as custodian for such Depositary and (iii) bear any
required legends.

         Members of, or participants in, the Depositary (“Agent Members”) shall have no rights under
the Indenture with respect to this Global Security held on their behalf by the Depositary, or the
Trustee as its custodian, or under this Global Security, and the Depositary may be treated by the
Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of this
Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall
prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to
any written certification, proxy or other authorization furnished by the Depositary or impair, as
between the Depositary and its Agent Members, the operation of customary practices governing the
exercise of the rights of a Holder of this Security.

         Transfers of this Global Security shall be limited to transfers in whole, but not in part, to
the Depositary, its successors or their respective nominees. Interests of beneficial owners in this
Global Security may be transferred or exchanged for definitive Securities in accordance with the
rules and procedures of the Depositary. Definitive Securities shall be transferred to all
beneficial owners in exchange for their beneficial interests in this Global Security only if (i)
the Depositary notifies the Company that it is unwilling or unable to continue as Depositary for
this Global Security, or the Depositary has ceased to be a “clearing agency” registered under the
Exchange Act, and a successor depositary is not appointed by the Company within 90 days of such
notice, (ii) the Company in its sole discretion elects not to have the Securities represented by a
Global Security and to cause the issuance of definitive Securities or (iii) an Event of Default has
occurred and is continuing.

         In connection with any transfer or exchange of a portion of the beneficial interest in this
Global Security to beneficial owners pursuant to the immediately preceding paragraph, the Security
Registrar shall (if one or more definitive Securities are to be issued) reflect on the Security
Register the date and a decrease in the principal amount of this Global Security in an amount equal
to the principal amount of the beneficial interest in this Global Security to be transferred, and
the Company shall execute, and the Trustee shall authenticate and deliver, one or more definitive
Securities of like tenor and amount. In connection with the transfer of this entire Global
Security to beneficial owners pursuant to the immediately preceding paragraph, this Global Security
shall be deemed to be surrendered to the Trustee for cancellation, and the Company shall execute,
and the Trustee shall authenticate and deliver, to each beneficial owner identified by the
Depositary in exchange for its beneficial interest in this Global Security, an equal aggregate
principal amount of definitive Securities of authorized denominations.

         The Holder of this Global Security may grant proxies and otherwise authorize any person,
including Agent Members and persons that may hold interests through Agent Members, to take any
action which a Holder is entitled to take under the Indenture or the Securities.

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14.     Restrictive Covenants.

         The Indenture imposes certain limitations on the ability of the Company to consolidate or
merge with or into any other person, or sell or transfer all or substantially all of its property
and assets to any other person, and on the ability of the Company and its Restricted Subsidiaries
to (i) create, incur, assume or suffer to exist specified liens and (ii) enter into Sale and
Leaseback Transactions. On or before the first day of October in each year, the Company must
report to the Trustee on compliance with such limitations.

15.     No Recourse Against Others.

         A director, officer, employee or stockholder, as such, of the Company or the Trustee shall not
have any liability for any obligations of the Company under the Securities or the Indenture or for
any claim based on, in respect of or by reason of such obligations or their creation. By accepting
a Security, each Holder waives and releases all such liability. The waiver and release are part of
the consideration for the issue of the Securities.

16.     Authentication.

         This Security shall not be valid until an authorized signatory of the Trustee manually signs
the Trustee’s Certificate of Authentication on the other side of this Security.

17.     Abbreviations.

         Customary abbreviations may be used in the name of a Holder or an assignee, such as TEN COM
(=tenants in common), TEN ENT (=tenants by the entireties), JT TEN (=joint tenants with right of
survivorship and not as tenants in common), CUST (=custodian), and U/G/M/A (=Uniform Gift to Minors
Act).

18.     Defeasance.

         The Indenture contains provisions for defeasance at any time of (a) the entire indebtedness of
the Company on this Security and (b) certain restrictive covenants and the related Events of
Default, upon compliance by the Company with certain conditions set forth therein, which provisions
apply to this Security. These provisions shall not apply to Section 6 above after a Change of
Control Repurchase Event occurs.

19.     GOVERNING LAW.

         THE INDENTURE AND THIS SECURITY WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK WITHOUT REGARD AS TO CONFLICT OF LAW PRINCIPLES.

*     *     *

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     The Company will furnish to any Holder upon written request and without charge a copy of the
Indenture which has in it the text of this Security in larger type. Requests may be made to:

Harris Corporation

1025 West NASA Boulevard

Melbourne, FL 32919

Attn: Treasurer

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ASSIGNMENT FORM

To assign this Security, fill in the form below:

(I) or (we) assign and transfer this Security to

 

(Insert assignee’s social security or tax I.D. no.)

 

 

 

(Print or type assignee’s name, address and zip code)

and irrevocably appoint                                          agent to transfer this Security on the books of
the Company. The agent may substitute another to act for him.

			
	Your Signature:	 	
 

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

			
	Date:	 	
 

			
	Medallion Signature Guarantee:	 	
 

12exv4w1

Exhibit 4.1

 

 

 

VECTOR GROUP LTD.

AND EACH OF THE GUARANTORS PARTY HERETO

11% SENIOR SECURED NOTES DUE 2015

 

FOURTH SUPPLEMENTAL INDENTURE

Dated as of December 3, 2010

To

INDENTURE

Dated as of August 16, 2007

As supplemented by First Supplemental Indenture dated as of July 15, 2008,

Second Supplemental Indenture dated as of September 1, 2009 and

Third Supplemental Indenture dated as of April 20, 2010

 

U.S. BANK NATIONAL ASSOCIATION

as Trustee and as Collateral Agent

 

 

 

 

FOURTH SUPPLEMENTAL INDENTURE

     FOURTH SUPPLEMENTAL INDENTURE (this “Fourth Supplemental Indenture”), dated as of December 3,
2010, among Vector Group Ltd., a Delaware corporation (the “Company”), the Guarantors listed on the
signature pages hereto (the “Guarantors”) and U.S. Bank National Association, as Trustee (the
“Trustee”) and as Collateral Agent (the “Agent”).

W I T N E S S E T H

     WHEREAS, the Company and the Guarantors have heretofore executed and delivered an Indenture,
dated as of August 16, 2007 (the “Base Indenture”), as supplemented by a First Supplemental
Indenture, dated as of July 15, 2008 (the “First Supplemental Indenture”), a Second Supplemental
Indenture, dated as of September 1, 2009 (the “Second Supplemental Indenture”), and a Third
Supplemental Indenture, dated as of April 20, 2010 (the “Third Supplemental Indenture” and,
together with the Base Indenture, the First Supplemental Indenture and the Second Supplemental
Indenture, the “Indenture”) providing for the initial issuance by the Company of its Initial Notes
(as defined below) and the Supplemental Notes (as defined below);

     WHEREAS, Section 9.01 of the Base Indenture provides that the Company, the Guarantors and the
Trustee may amend or supplement the Indenture from time to time without the consent of the Holders
(as defined in the Base Indenture) to provide for the issuance of Additional Notes (as defined in
the Base Indenture) in accordance with the limitations set forth in the Base Indenture;

     WHEREAS, all things necessary to make the New Notes (as defined below), when executed by the
Company and authenticated and delivered by the Trustee and issued upon the terms and subject to the
conditions set forth herein and in the Indenture against payment therefor, the valid, binding and
legal obligations of the Company and to make this Fourth Supplemental Indenture a valid, binding
and legal agreement of the Company and the Guarantors, have been done;

     NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Company and each Guarantor, the
Trustee and the Agent mutually covenant and agree for the equal and ratable benefit of the holders
of the Additional Notes as follows:

SECTION I

DEFINITIONS

     All Capitalized terms used herein without definition shall have the meanings assigned to them
in the Indenture. The rules of interpretation set forth in the Indenture shall be applied here as
if set forth in full herein.

     “Initial Notes” means the $165 million aggregate principal amount of Notes issued under the
Indenture on August 16, 2007.

     “New Notes” means the $75 million aggregate principal amount of Additional Notes (other than
the Initial Notes and the Supplemental Notes) issued under this Fourth Supplemental Indenture, as
part of the same series as the Initial Notes and the Supplemental Notes.

 

 

     “Notes” means the Company’s 11% Senior Secured Notes due 2015. The Initial Notes, the
Supplemental Notes and the New Notes will be part of the same series for all purposes under the
Indenture, the Second Supplemental Indenture, the Third Supplemental Indenture and this Fourth
Supplemental Indenture, and unless the context otherwise requires, all references to the Notes will
include the Initial Notes, the Supplemental Notes and the New Notes.

     “Supplemental Notes” means the $85 million aggregate principal amount of Additional Notes
issued on September 1, 2009 and the $75 million aggregate principal amount of Additional Notes
issued on April 20, 2010 under the Indenture, as part of the same series as the Initial Notes.

SECTION II

AUTHORIZATION AND ISSUANCE OF ADDITIONAL NOTES

     A. The Company will be entitled, upon delivery of an Officers’ Certificate and an Opinion of
Counsel, subject to its compliance with Section 4.09 of the Indenture, to issue the New Notes under
this Fourth Supplemental Indenture which will have identical terms as the Initial Notes and the
Supplemental Notes, other than with respect to the date of issuance and issue price. The Initial
Notes, the Supplemental Notes and the Additional Notes issued will be treated as a single class for
all purposes under the Indenture and this Fourth Supplemental Indenture including, but not limited
to, Section 2.06.

     B. With respect to the New Notes, the Company will set forth in one or more resolutions of its
Board of Directors and/or a designated committee thereof and an Officers’ Certificate, a copy of
each which will be delivered to the Trustee, the following information:

	 	1.	 	the aggregate principal amount of such New Notes to be
authenticated and delivered pursuant to this Fourth Supplemental Indenture; and
	 
	 	2.	 	the issue price, the issue date and the CUSIP numbers of such
New Notes.

SECTION III

EXECUTION AND AUTHENTICATION OF NEW NOTES

     The Trustee will, upon receipt of a written order of the Company signed by an Officer,
authenticate New Notes for issue that may be validly issued under this Fourth Supplemental
Indenture. The aggregate principal amount of Notes outstanding at any time may not exceed the
aggregate principal amount of Notes authorized for issuance by the Company pursuant to one or more
Authentication Orders, except as provided in Section 2.07 of the Base Indenture.

SECTION IV

COLLATERAL AND SECURITY

     When issued in accordance with the Indenture and this Fourth Supplemental Indenture, the New
Notes shall constitute Parity Lien Obligations. In accordance with Section 10.02 of the Indenture,
all Parity Liens granted at any time by the Pledgors or VGR Holding shall secure, equally and
ratably, all present and future Parity Lien Obligations and all proceeds of all Parity Liens
granted at any time by the Pledgors or VGR Holding shall be allocated and distributed equally and
ratably on account of the Parity Lien Debt and other Parity Lien Obligations.

 2 

 

SECTION V

REAFFIRMATION OF COLLATERAL DOCUMENTS

AND GRANT OF SECURITY INTEREST

     For value received, each of the Pledgors and VGR Holding hereby confirms, reaffirms and
restates that it is bound by each of the Collateral Documents to which it is a party, and that each
of the Collateral Documents to which such Pledgor and VGR Holding is a party and all of the
Collateral described therein do and shall continue to secure payment of all amounts due under the
Note Guarantees of the Pledgors and VGR Holding, respectively, and the performance of all
Obligations of each of the Pledgors and VGR Holdings, respectively, to the Holders. Each of the
Pledgors and VGR Holding that is a party to the Collateral Documents hereby reaffirms its grant of
a security interest in the Collateral to the Collateral Agent securing its Note Guarantee subject
in the case of the Liggett Guarantors to the terms of the Intercreditor Agreement and agrees that
each of the Collateral Documents to which it is a party shall continue to be in full force and
effect and are hereby in all respects ratified and confirmed.

SECTION VI

REAFFIRMATION OF GUARANTEES

     For value received, each Guarantor hereby confirms, reaffirms and restates that it, jointly
and severally, unconditionally guarantees, to the extent set forth in the Indenture, (a) the due
and punctual payment of the principal of, premium and Liquidated Damages, if any, and interest on,
the Notes, whether at maturity, by acceleration, redemption or otherwise, the due and punctual
payment of interest on overdue principal of and interest on the Notes, if any, if lawful, 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 Indenture and (b) in case of any extension of time of
payment or renewal of any Notes 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,
whether at stated maturity, by acceleration or otherwise. The obligations of the Guarantors to the
Holders of Notes and to the Trustee pursuant to the Note Guarantee and the Indenture are expressly
set forth in Article 11 of the Base Indenture and reference is hereby made to the Base Indenture
for the precise terms of the Note Guarantee.

SECTION VII

MISCELLANEOUS PROVISIONS

     A. The Trustee makes no undertaking or representation in respect of, and shall not be
responsible in any manner whatsoever for and in respect of, the validity or sufficiency of this
Fourth Supplemental Indenture or the proper authorization or the due execution hereof by the
Company or for or in respect of the recitals and statements contained herein, all of which recitals
and statements are made solely by the Company.

     B. On the date hereof, the Indenture shall be supplemented and amended in accordance herewith,
and this Fourth Supplemental Indenture shall form part of the Indenture for all purposes, and the
Holder of every Note heretofore or hereafter authenticated and delivered under the Indenture shall
be bound thereby. The Trustee accepts the trusts created by the Indenture, as amended and
supplemented by this Fourth Supplemental Indenture, and agrees to perform the same upon the terms
and conditions of the Indenture, as amended and supplemented by this Fourth Supplemental Indenture.

 3 

 

     C. This Fourth Supplemental Indenture shall be deemed to be incorporated in, and made a part
of, the Indenture. The Indenture, as amended and supplemented by this Fourth Supplemental
Indenture, shall be read, taken and construed as one and the same instrument and the all the
provisions of the Indenture shall remain in full force and effect in accordance with the terms
thereof and as amended and supplemented by this Fourth Supplemental Indenture.

     D. THIS FOURTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD
RESULT IN THE APPLICATION OF THE LAWS OF ANY OTHER JURISDICTION.

     E. This Fourth Supplemental Indenture may be executed in any number of counterparts, each of
which so executed shall be deemed to be an original, but all such counterparts shall together
constitute but one and the same instrument.

 4 

 

SIGNATURES

Dated as of December 3, 2010

	 	 	 	 	 
	 	THE COMPANY:

VECTOR GROUP LTD.

 	 
	 	By:  	/s/ Richard J. Lampen
 	 
	 	 	Name:  	Richard J. Lampen 	 
	 	 	Title:  	Executive Vice President 	 
	 

	 	 	 	 	 
	 	GUARANTORS:

VGR HOLDING LLC

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Manager 	 
	 

	 	 	 	 	 
	 	LIGGETT GROUP LLC

 	 
	 	By:  	/s/ Ronald J. Bernstein
 	 
	 	 	Name:  	Ronald J. Bernstein 	 
	 	 	Title:  	Manager/President and Chief Executive

Officer 	 
	 

	 	 	 	 	 
	 	LIGGETT VECTOR BRANDS INC.

 	 
	 	By:  	/s/ Ronald J. Bernstein
 	 
	 	 	Name:  	Ronald J. Bernstein 	 
	 	 	Title:  	President and Chief Executive Officer 	 
	 

FOURTH SUPPLEMENTAL INDENTURE

 

 

	 	 	 	 	 
	 	VECTOR RESEARCH LLC

 	 
	 	By:  	/s/ Francis G. Wall
 	 
	 	 	Name:  	Francis G. Wall 	 
	 	 	Title:  	Vice President and Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	VECTOR TOBACCO INC.

 	 
	 	By:  	/s/ Francis G. Wall
 	 
	 	 	Name:  	Francis G. Wall 	 
	 	 	Title:  	Vice President – Finance 	 
	 

	 	 	 	 	 
	 	LIGGETT & MYERS HOLDINGS INC.

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LIGGETT & MYERS INC.

 	 
	 	By:  	/s/ Ronald J. Bernstein
 	 
	 	 	Name:  	Ronald J. Bernstein 	 
	 	 	Title:  	President 	 
	 

	 	 	 	 	 
	 	100 MAPLE LLC

 	 
	 	By:  	/s/ Ronald J. Bernstein
 	 
	 	 	Name:  	Ronald J. Bernstein 	 
	 	 	Title:  	Manager 	 
	 

FOURTH SUPPLEMENTAL INDENTURE

 

 

	 	 	 	 	 
	 	V.T. AVIATION LLC

 	 
	 	By:  	/s/ Francis G. Wall
 	 
	 	 	Name:  	Francis G. Wall 	 
	 	 	Title:  	Vice President – Finance 	 
	 

	 	 	 	 	 
	 	VGR AVIATION LLC

 	 
	 	By:  	/s/ Francis G. Wall
 	 
	 	 	Name:  	Francis G. Wall 	 
	 	 	Title:  	Vice President – Finance 	 
	 

	 	 	 	 	 
	 	EVE HOLDINGS INC.

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

FOURTH SUPPLEMENTAL INDENTURE

 

 

	 	 	 	 	 
	TRUSTEE AND COLLATERAL AGENT:

U.S. BANK NATIONAL ASSOCIATION

 	 
	By:  	/s/ Joshua A. Hahn
 	 
	 	Name:  	Joshua A. Hahn 	 
	 	Title:  	Assistant Vice President 	 
	 

FOURTH SUPPLEMENTAL INDENTURE

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