Document:

Indenture Dated as of May 11, 2010

 Exhibit 4.1 

EXECUTION COPY 
  

 
 CSA ESCROW CORPORATION 

Issuer 

8 
1/2% Senior Notes due 2018 
  

 
 INDENTURE

 Dated as of May 11, 2010 
  

 
 U.S. BANK
NATIONAL ASSOCIATION 
 Trustee 
  

 

 CROSS-REFERENCE TABLE 

 

					
	 Trust Indenture

Act Section
	  	 	  	Indenture Section
	 310(a)(1)
	  		  	7.10
	       (a)(2)
	  		  	7.10
	       (a)(3)
	  		  	N.A.
	       (a)(4)
	  		  	N.A.
	       (b)
	  		  	7.08; 7.10
	       (c)
	  		  	N.A.
	 311(a)
	  		  	7.11
	       (b)
	  		  	7.11
	       (c)
	  		  	N.A.
	 312(a)
	  		  	2.05
	       (b)
	  		  	13.03
	       (c)
	  		  	13.03
	 313(a)
	  		  	7.06
	       (b)(1)
	  		  	N.A.
	       (b)(2)
	  		  	7.06
	       (c)
	  		  	7.06
	       (d)
	  		  	7.06
	 314(a)
	  		  	4.02; 4.11
	       (b)
	  		  	N.A.
	       (c)(1)
	  		  	13.04
	       (c)(2)
	  		  	13.04
	       (c)(3)
	  		  	N.A.
	       (d)
	  		  	N.A.
	       (e)
	  		  	13.05
	       (f)
	  		  	4.12
	 315(a)
	  		  	7.01
	       (b)
	  		  	7.05; 13.02
	       (c)
	  		  	7.01
	       (d)
	  		  	7.01
	       (e)
	  		  	6.11
	 316(a)(last sentence)
	  		  	13.06
	       (a)(1)(A)
	  		  	6.05
	       (a)(1)(B)
	  		  	6.04
	       (a)(2)
	  		  	N.A.
	       (b)
	  		  	6.07
	 317(a)(1)
	  		  	6.08
	       (a)(2)
	  		  	6.09
	       (b)
	  		  	2.04
	 318(a)
	  		  	13.01

 N.A. means Not Applicable.

  
 Note: This Cross-Reference
Table shall not, for any purpose, be deemed to be part of the Indenture. 

					
		 	TABLE OF CONTENTS	  	
	 	 	 	  	Page
		 	ARTICLE 1	  	
			
		 	Definitions and Incorporation by Reference	  	
			
	SECTION 1.01.	 	Definitions	  	  1
	SECTION 1.02.	 	Other Definitions	  	38
	SECTION 1.03.	 	Incorporation by Reference of Trust Indenture Act	  	39
	SECTION 1.04.	 	Rules of Construction	  	40
	SECTION 1.05.	 	Acts of Holders	  	41
			
		 	ARTICLE 2	  	
			
		 	The Securities	  	
			
	SECTION 2.01.	 	Form and Dating	  	42
	SECTION 2.02.	 	Execution and Authentication	  	44
	SECTION 2.03.	 	Registrar and Paying Agent	  	45
	SECTION 2.04.	 	Paying Agent To Hold Money in Trust	  	45
	SECTION 2.05.	 	Securityholder Lists	  	45
	SECTION 2.06.	 	Transfer and Exchange	  	45
	SECTION 2.07.	 	Replacement Securities	  	60
	SECTION 2.08.	 	Outstanding Securities	  	60
	SECTION 2.09.	 	Temporary Securities	  	60
	SECTION 2.10.	 	Cancellation	  	60
	SECTION 2.11.	 	Defaulted Interest	  	61
	SECTION 2.12.	 	CUSIP Numbers, ISINs, etc.	  	61
	SECTION 2.13.	 	Issuance of Additional Securities	  	61
			
		 	ARTICLE 3	  	
			
		 	Redemption	  	
			
	SECTION 3.01.	 	Notices to Trustee	  	62
	SECTION 3.02.	 	Selection of Securities To Be Redeemed	  	62
	SECTION 3.03.	 	Notice of Redemption	  	62
	SECTION 3.04.	 	Effect of Notice of Redemption	  	63
	SECTION 3.05.	 	Deposit of Redemption Price	  	63
	SECTION 3.06.	 	Securities Redeemed in Part	  	63
	SECTION 3.07.	 	Special Mandatory Redemption	  	64

  

 -i- 

					
	 	 	 	  	Page
		 	ARTICLE 4	  	
			
		 	Covenants	  	
			
	SECTION 4.01.	 	Payment of Securities	  	64
	SECTION 4.02.	 	SEC Reports	  	64
	SECTION 4.03.	 	Limitation on Indebtedness	  	66
	SECTION 4.04.	 	Limitation on Restricted Payments	  	70
	SECTION 4.05.	 	Limitation on Restrictions on Distributions from Restricted Subsidiaries	  	76
	SECTION 4.06.	 	Limitation on Sales of Assets and Subsidiary Stock	  	79
	SECTION 4.07.	 	Limitation on Affiliate Transactions	  	83
	SECTION 4.08.	 	Activities of Escrow Issuer Prior to the Release Date and Assumption	  	84
	SECTION 4.09.	 	Change of Control	  	85
	SECTION 4.10.	 	Future Guarantors	  	86
	SECTION 4.11.	 	Compliance Certificate	  	86
	SECTION 4.12.	 	Further Instruments and Acts	  	87
	SECTION 4.13.	 	Limitation on Liens	  	87
	SECTION 4.14.	 	Escrow of Proceeds	  	87
	SECTION 4.15.	 	Covenant Suspension	  	88
			
		 	ARTICLE 5	  	
			
		 	Successor Company	  	
			
	SECTION 5.01.	 	When Company May Merge or Transfer Assets.	  	89
			
		 	ARTICLE 6	  	
			
		 	Defaults and Remedies	  	
			
	SECTION 6.01.	 	Events of Default	  	91
	SECTION 6.02.	 	Acceleration	  	93
	SECTION 6.03.	 	Other Remedies	  	93
	SECTION 6.04.	 	Waiver of Past Defaults	  	93
	SECTION 6.05.	 	Control by Majority	  	94
	SECTION 6.06.	 	Limitation on Suits	  	94
	SECTION 6.07.	 	Rights of Holders To Receive Payment	  	95
	SECTION 6.08.	 	Collection Suit by Trustee	  	95
	SECTION 6.09.	 	Trustee May File Proofs of Claim	  	95
	SECTION 6.10.	 	Priorities for Funds Collected by Trustee	  	95
	SECTION 6.11.	 	Undertaking for Costs	  	96
	SECTION 6.12.	 	Waiver of Stay or Extension Laws	  	96

  

 -ii- 

					
	 	  	 	  	Page
		  	ARTICLE 7	  	
			
		  	Trustee	  	
			
	SECTION 7.01.	  	Duties of Trustee	  	  96
	SECTION 7.02.	  	Rights of Trustee	  	  97
	SECTION 7.03.	  	Individual Rights of Trustee	  	  98
	SECTION 7.04.	  	Trustee’s Disclaimer	  	  98
	SECTION 7.05.	  	Notice of Defaults	  	  98
	SECTION 7.06.	  	Reports by Trustee to Holders	  	  99
	SECTION 7.07.	  	Compensation and Indemnity	  	  99
	SECTION 7.08.	  	Replacement of Trustee	  	100
	SECTION 7.09.	  	Successor Trustee by Merger	  	100
	SECTION 7.10.	  	Eligibility; Disqualification	  	101
	SECTION 7.11.	  	Preferential Collection of Claims Against Company	  	101
	SECTION 7.12.	  	Escrow Authorization	  	101
			
		  	ARTICLE 8	  	
			
		  	Discharge of Indenture; Defeasance	  	
			
	SECTION 8.01.	  	Discharge of Liability on Securities; Defeasance	  	102
	SECTION 8.02.	  	Conditions to Defeasance	  	103
	SECTION 8.03.	  	Application of Trust Money	  	104
	SECTION 8.04.	  	Repayment to Company	  	104
	SECTION 8.05.	  	Indemnity for Government Obligations	  	104
	SECTION 8.06.	  	Reinstatement	  	104
			
		  	ARTICLE 9	  	
			
		  	Amendments	  	
			
	SECTION 9.01.	  	Without Consent of Holders	  	105
	SECTION 9.02.	  	With Consent of Holders	  	106
	SECTION 9.03.	  	Compliance with Trust Indenture Act	  	107
	SECTION 9.04.	  	Revocation and Effect of Consents and Waivers	  	107
	SECTION 9.05.	  	Notation on or Exchange of Securities	  	108
	SECTION 9.06.	  	Trustee To Sign Amendments	  	108

  

 -iii- 

					
	 	  	 	  	Page
		  	ARTICLE 10	  	
			
		  	[Reserved]	  	
			
		  	ARTICLE 11	  	
			
		  	Guarantees	  	
			
	SECTION 11.01.	  	Guarantees	  	108
	SECTION 11.02.	  	Limitation on Liability	  	110
	SECTION 11.03.	  	Successors and Assigns	  	110
	SECTION 11.04.	  	No Waiver	  	110
	SECTION 11.05.	  	Modification	  	110
	SECTION 11.06.	  	Release of Subsidiary Guarantor	  	111
	SECTION 11.07.	  	Contribution	  	111
			
		  	ARTICLE 12	  	
			
		  	[Reserved]	  	
			
		  	ARTICLE 13	  	
			
		  	Miscellaneous	  	
			
	SECTION 13.01.	  	Trust Indenture Act Controls	  	112
	SECTION 13.02.	  	Notices	  	112
	SECTION 13.03.	  	Communication by Holders with Other Holders	  	112
	SECTION 13.04.	  	Certificate and Opinion as to Conditions Precedent	  	113
	SECTION 13.05.	  	Statements Required in Certificate or Opinion	  	113
	SECTION 13.06.	  	When Securities Disregarded	  	113
	SECTION 13.07.	  	Rules by Trustee, Paying Agent and Registrar	  	113
	SECTION 13.08.	  	Legal Holidays	  	114
	SECTION 13.09.	  	Governing Law	  	114
	SECTION 13.10.	  	No Recourse Against Others	  	114
	SECTION 13.11.	  	Successors	  	114
	SECTION 13.12.	  	Multiple Originals	  	114
	SECTION 13.13.	  	Table of Contents; Headings	  	114
	SECTION 13.14.	  	Indenture Controls	  	114
	SECTION 13.15.	  	Severability	  	114
	SECTION 13.16.	  	Qualification of Indenture	  	114
	SECTION 13.17.	  	No Adverse Interpretation of Other Agreements	  	115
			
	Exhibit A –	  	Form of Security	  	
	Exhibit B	  	Form of Certificate of Transfer	  	
	Exhibit C	  	Form of Certificate of Exchange	  	
	Exhibit D –	  	Form of Supplemental Indenture Related to the Guarantors	  	
	Exhibit E –	  	Form of Supplemental Indenture Related to the Assumption	  	

  

 -iv- 

 INDENTURE, dated as of May 11, 2010, between CSA ESCROW CORPORATION, a Delaware
corporation (the “Escrow Issuer”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as trustee (the “Trustee”). For purposes of this Indenture prior to the Assumption (as defined herein), references to the
“Company” in this Indenture refer only to the Escrow Issuer, and for purposes of this Indenture following the Assumption, references to the “Company” in this Indenture refer only to COOPER-STANDARD AUTOMOTIVE INC., an Ohio
corporation. 
 The Escrow Issuer has duly authorized the execution and delivery of this Indenture to
provide for the issuance of $450,000,000 aggregate principal amount of
8 1/2% Senior Notes due 2018 issued on the date
hereof (the “Initial Securities”). 
 Each party hereto agrees as follows for the benefit of the other parties hereto and for
the equal and ratable benefit of the Holders of the Company’s Initial Securities and the Exchange Securities (collectively, the “Securities”). 

ARTICLE 1 

Definitions and Incorporation by Reference 

SECTION 1.01. Definitions. 

“144A Global Security” means a Global Security substantially in the form of Exhibit A attached hereto bearing the Global
Security Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Securities sold
in reliance on Rule 144A. 
 “Additional Assets” means (1) any property, plant or equipment used in a Related
Business including improvements, through capital expenditures or otherwise, relating thereto (whether previously owned or acquired at the time such improvements are being made); (2) the Capital Stock of a Person that becomes a Restricted
Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary; or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided,
however, that any such Restricted Subsidiary described in clause (2) or (3) above is primarily engaged in a Related Business. 

“Additional Securities” means Securities issued under this Indenture after the Issue Date and in compliance
with Sections 2.13 and 4.03, it being understood that any Securities issued in exchange for or replacement of any Initial Security issued on the Issue Date shall not be an Additional Security, including any Exchange Securities issued pursuant to a
Registration Rights Agreement. 
 “Affiliate” of any specified Person means any other Person, directly or indirectly,
controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any Person means

 
the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms
“controlling” and “controlled” have meanings correlative to the foregoing. 
 “Applicable Premium”
means with respect to any Security on any redemption date, the greater of (1) 1.00% of the principal amount of such Security and (2) the excess of (A) the present value at such redemption date of (i) the redemption price of such
Security on May 1, 2014 (such redemption price being set forth in the table appearing in the second paragraph of section 5 of the Securities, exclusive of any accrued interest) plus (ii) all required interest payments due on such Security
through May 1, 2014 (but excluding interest paid prior to the redemption date and accrued but unpaid interest to the redemption date), computed using a discount rate equal to the Treasury Rate as of such redemption date plus 50 basis points,
over (B) the principal amount of such Security on such redemption date. 
 “Applicable Procedures” means, with
respect to any transfer or exchange of or for beneficial interests in any Global Security, the rules and procedures of the Depositary, Euroclear and/or Clearstream that apply to such transfer or exchange. 

“Asset Sale” means any sale, lease, transfer or other disposition (or series of related sales, leases, transfers or
dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a “disposition”), of: 

(1) any shares of Capital Stock of a Restricted Subsidiary (other than directors’ qualifying shares or shares
required by applicable law to be held by a Person other than the Company or a Restricted Subsidiary and Preferred Stock issued in compliance with the covenant described under Section 4.03); 

(2) all or substantially all the assets of any division or line of business of the Company or any Restricted Subsidiary;
or 
 (3) any other assets of the Company or any Restricted Subsidiary outside of the ordinary course of business
of the Company or such Restricted Subsidiary 
 other than, in the case of clauses (1), (2) and (3) above, (A) a disposition by a
Restricted Subsidiary to the Company or by the Company or a Restricted Subsidiary to a Restricted Subsidiary, (B) for purposes of Section 4.06 only, (i) a disposition that constitutes a Restricted Payment (or would constitute a
Restricted Payment but for the exclusions from the definition thereof) and that is not prohibited by Section 4.04 and (ii) a disposition of all or substantially all the assets of the Company in accordance with Section 5.01,
(C) any disposition that constitutes a Change of Control, (D) a disposition of assets with a Fair Market Value of less than $4.0 million, (E) a disposition of cash or Temporary Cash Investments, (F) sales or other dispositions of
obsolete, uneconomical, negligible, worn-out or surplus assets in the ordinary course of business (including equipment and intellectual property), (G) sales, transfers and other dispositions of Receivables and Related Assets (as defined in the
definition of “Permitted Securitization”) pursuant to Permitted Securitizations, (H) the creation of a Lien (but not the sale or other disposition of the 

 

 -2- 

 
property subject to such Lien) and (I) any sale, conveyance or other disposition of property or assets of the Company or any Restricted Subsidiary (whether in a single transaction or a
series of related transactions) in connection with the Emergence Transactions. 
 “Assumption” means the consummation
of the transactions whereby (a) Cooper-Standard will assume all of the obligations of the Escrow Issuer under this Indenture, (b) each of Parent and the Subsidiary Guarantors will guarantee the Securities and (c) to the extent
Cooper-Standard assumes the obligations of the Escrow Issuer other than by merger, the Escrow Issuer is released from the obligations under this Indenture. The Assumption is to be effected by the execution and delivery of a supplemental indenture in
the form of Exhibit E attached hereto (which shall be accompanied by the delivery of the Officer’s Certificate and Opinion of Counsel required by Section 9.06 hereof). 

“Attributable Debt” in respect of a Sale/Leaseback Transaction means, as at the time of determination, the present value of the
total obligations of the lessee for rental payments during the remaining term of the lease included in such Sale/Leaseback Transaction (including any period for which such lease has been extended) (discounted at the interest rate equal to the rate
of interest implicit in such transaction, determined in accordance with GAAP; provided that, if such interest rate cannot be determined in accordance with GAAP, the present value shall be discounted at the interest rate borne by the
Securities, compounded annually); provided, however, that if such Sale/Leaseback Transaction results in a Capital Lease Obligation, the amount of Indebtedness represented thereby will be determined in accordance with the definition of
“Capital Lease Obligation.” 
 “Average Life” means, as of the date of determination, with respect to any
Indebtedness, the quotient obtained by dividing (1) the sum of the products of the numbers of years from the date of determination to the dates of each successive scheduled principal payment of or redemption or similar payment with respect to
such Indebtedness multiplied by the amount of such payment by (2) the sum of all such payments. 
 “Bankruptcy
Code” means the United States Bankruptcy Code, 11 U.S.C. Section 101 et seq., as amended from time to time. 

“Board of Directors” with respect to a Person means the Board of Directors of such Person (or, if such Person is (i) a
limited liability company, the manager of such company and (ii) a partnership, the board of directors or other governing body of the general partner of such Person) or any committee thereof duly authorized to act on behalf of such Board of
Directors. 
 “Business Day” means each day which is not a Saturday, a Sunday or a day on which commercial banking
institutions are not required to be open in the State of New York or the city in which the headquarters of the Company are located. 

“Capital Lease Obligation” means an obligation that is required to be classified and accounted for as a capital lease for
financial reporting purposes in accordance with GAAP, and the amount of Indebtedness represented by such obligation shall be the capitalized amount of such obligation determined in accordance with GAAP. 

 

 -3- 

 “Capital Stock” of any Person means any and all shares, interests (including
partnership interests), rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) the equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into
such equity. 
 “Cases” means the consolidated proceedings of Parent and its U.S. Subsidiaries, as debtors and debtors
in possession under Chapter 11 of the Bankruptcy Code. 
 “Change of Control” means the occurrence of any of the
following events: 
 (1) any “person” or “group” (as such term is used in Sections 13(d)
and 14(d) of the Exchange Act), other than one or more of the Permitted Holders, is or becomes in a single transaction or in a series of related transactions the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange
Act, except that for purposes of this clause (1) such person shall be deemed to have “beneficial ownership” of all shares that any such person has the right to acquire, whether such right is exercisable immediately or only after the
passage of time), directly or indirectly, of a majority of the total voting power of the Voting Stock of the Company or of Parent; 

(2) the adoption of a plan relating to the liquidation or dissolution of the Company; or 

(3) the merger or consolidation of Parent or the Company with or into another Person or the merger of another Person with
or into Parent or the Company, or the sale of all or substantially all the assets of Parent or the Company and their respective subsidiaries to another Person or “group” other than (A) a transaction in which the survivor or transferee
is a Person that is controlled by one or more of the Permitted Holders or (B) a transaction following which (i) in the case of a merger or consolidation transaction, holders of securities that represented 100% of the Voting Stock of Parent
or the Company immediately prior to such transaction (or other securities into which such securities are converted as part of such merger or consolidation transaction) own directly or indirectly at least a majority of the voting power of the Voting
Stock of the surviving Person in such merger or consolidation transaction immediately after such transaction and in substantially the same proportion as before such transaction and (ii) in the case of a sale of assets transaction, each
transferee becomes an obligor in respect of the Securities and a Subsidiary of the transferor of such assets. 
 “Chapter
11” means Chapter 11 of the Bankruptcy Code. 
 “Clearstream” means Clearstream Banking, Société
Anonyme. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

 

 -4- 

 “Commodities Agreement” means, in respect of a Person, any commodity futures
contract, forward contract, option or similar agreement or arrangement (including derivative agreements or arrangements) as to which such Person is a party or beneficiary. 

“Company” means the Person named as the “Company” in the first paragraph of this Indenture, until a successor Person
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter, “Company” shall mean such successor Person. 

“Consolidated Coverage Ratio” as of any date of determination means the ratio of 

(1) the aggregate amount of EBITDA for the most recent four consecutive fiscal quarters ended for which internal financial
statements are available prior to the date of such determination to 
 (2) Consolidated Interest Expense for such
four fiscal quarters; 
 provided, however, that 

(A) if the Company or any Restricted Subsidiary has Incurred any Indebtedness since the beginning of such period that
remains outstanding or if the transaction giving rise to the need to calculate the Consolidated Coverage Ratio is an Incurrence of Indebtedness, or both, EBITDA and Consolidated Interest Expense for such period shall be calculated after giving
effect on a pro forma basis to such Indebtedness as if such Indebtedness had been Incurred on the first day of such period; 

(B) if the Company or any Restricted Subsidiary has repaid, repurchased, defeased or otherwise discharged any Indebtedness
since the beginning of such period or if any Indebtedness is to be repaid, repurchased, defeased or otherwise discharged (in each case other than Indebtedness Incurred under any revolving credit facility unless such Indebtedness has been permanently
repaid and has not been replaced) on the date of the transaction giving rise to the need to calculate the Consolidated Coverage Ratio, EBITDA and Consolidated Interest Expense for such period shall be calculated on a pro forma basis as
if such discharge had occurred on the first day of such period and as if the Company or such Restricted Subsidiary had not earned the interest income actually earned during such period in respect of cash or Temporary Cash Investments used to repay,
repurchase, defease or otherwise discharge such Indebtedness; 
 (C) if since the beginning of such period the
Company or any Restricted Subsidiary shall have made any Asset Sale, EBITDA for such period shall be reduced by an amount equal to EBITDA (if positive) directly attributable to the assets which are the subject of such Asset Sale for such period, or
increased by an amount equal to EBITDA (if negative), directly attributable thereto for such period and Consolidated Interest Expense for such period shall be reduced by an amount equal to the Consolidated Interest Expense directly attributable to
any Indebtedness of the Company or any Restricted Subsidiary repaid, repurchased, defeased or otherwise discharged with respect to the Company and its continuing Restricted Subsidiaries in connection with such Asset Sale for

  

 -5- 

 
such period (or, if the Capital Stock of any Restricted Subsidiary is sold, the Consolidated Interest Expense for such period directly attributable to the Indebtedness of such Restricted
Subsidiary to the extent the Company and its continuing Restricted Subsidiaries are no longer liable for such Indebtedness after such sale); 

(D) if since the beginning of such period the Company or any Restricted Subsidiary (by merger or otherwise) shall have
made an Investment in any Restricted Subsidiary (or any Person which becomes a Restricted Subsidiary) or an acquisition of assets, including any Investment or acquisition of assets occurring in connection with a transaction requiring a calculation
to be made hereunder, EBITDA and Consolidated Interest Expense for such period shall be calculated after giving pro forma effect thereto (including the Incurrence of any Indebtedness) as if such Investment or acquisition had occurred
on the first day of such period; and 
 (E) if since the beginning of such period any Person (that subsequently
became a Restricted Subsidiary or was merged with or into the Company or any Restricted Subsidiary) shall have made any Asset Sale, any Investment or acquisition of assets that would have required an adjustment pursuant to clause (C) or
(D) above if made by the Company or a Restricted Subsidiary during such period, EBITDA and Consolidated Interest Expense for such period shall be calculated after giving pro forma effect thereto as if such Asset Sale, Investment
or acquisition had occurred on the first day of such period. 
 For purposes of this definition, whenever pro
forma effect is to be given to an acquisition of assets, the amount of income or earnings relating thereto and the amount of Consolidated Interest Expense associated with any Indebtedness Incurred in connection therewith, the pro
forma calculations shall be determined in good faith by a responsible financial or accounting officer of the Company and shall comply with Regulation S-X under the Securities Act (“Regulation S-X”) except that pro
forma calculations may also include reasonably identifiable and factually supportable operating expense reductions for which the steps necessary for realization have been taken or are reasonably expected to be completed within 12 months of
the transaction and are set forth in an Officer’s Certificate. If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in
effect on the date of determination had been the applicable rate for the entire period (taking into account any Interest Rate Agreement applicable to such Indebtedness if such Interest Rate Agreement has a remaining term in excess of
12 months). Interest on a Capital Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer of the Company to be the rate of interest implicit in such Capital Lease
Obligation in accordance with GAAP. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a eurodollar interbank offered rate, or other rate, shall be deemed to have been based
upon the rate actually chosen, or if none, then based upon such optional rate chosen as the Company may designate. 
 If any
Indebtedness has been incurred under a revolving credit facility or revolving advances with respect to any Permitted Securitization and is being given pro forma effect, the interest on such Indebtedness shall be calculated based on the
average daily balance of such Indebtedness for the four fiscal quarters subject to the pro forma calculation. 
  

 -6- 

 “Consolidated Foreign and Senior Secured Debt” means, at any time, as determined
at such time, without duplication, (a) the sum (without duplication) of (1) the aggregate principal amount of Secured Indebtedness of the Company or any of its Restricted Subsidiaries, (2) the aggregate principal amount of any
Permitted Securitizations and (3) Indebtedness (other than intercompany Indebtedness) of Foreign Subsidiaries Incurred after the Release Date less (b) Indebtedness Incurred pursuant to Section 4.03(b)(1). 

“Consolidated Foreign and Senior Secured Leverage Ratio” means as of any date, the ratio of Consolidated Foreign and Senior
Secured Debt on such date to EBITDA for the most recent four consecutive fiscal quarters ended for which internal financial statements are available (the “Four Quarter Period”) prior to the date of the transaction giving rise to the need
to calculate the Consolidated Foreign and Senior Secured Leverage Ratio. In addition to and not in limitation of the foregoing, for the purposes of this definition, “Consolidated Foreign and Senior Secured Debt” shall be calculated after
giving pro forma effect to any Incurrence of Indebtedness on the applicable transaction date and the use of proceeds therefrom, and: 

(1) if the Company or any Restricted Subsidiary has Incurred any Indebtedness since the beginning of such Four Quarter
Period that remains outstanding or if the transaction giving rise to the need to calculate the Consolidated Foreign and Senior Secured Leverage Ratio is an Incurrence of Indebtedness, or both, EBITDA for such Four Quarter Period shall be calculated
after giving effect on a pro forma basis to such Indebtedness as if such Indebtedness had been Incurred on the first day of such Four Quarter Period; 

(2) if the Company or any Restricted Subsidiary has repaid, repurchased, defeased or otherwise discharged any Indebtedness
since the beginning of such Four Quarter Period (including by the sale of Capital Stock of any Restricted Subsidiary whereby the Company and its continuing Restricted Subsidiaries are no longer liable for such Indebtedness after such sale) or if any
Indebtedness is to be repaid, repurchased, defeased or otherwise discharged (in each case other than Indebtedness Incurred under any revolving credit facility unless such Indebtedness has been permanently repaid and has not been replaced) on the
date of the transaction giving rise to the need to calculate the Consolidated Foreign and Senior Secured Leverage Ratio, EBITDA for such period shall be calculated on a pro forma basis as if such discharge had occurred on the first day
of such Four Quarter Period and as if the Company or such Restricted Subsidiary had not earned the interest income actually earned during such period in respect of cash or Temporary Cash Investments used to repay, repurchase, defease or otherwise
discharge such Indebtedness; 
 (3) if since the beginning of such Four Quarter Period the Company or any
Restricted Subsidiary shall have made any Asset Sale, EBITDA for such Four Quarter Period shall be reduced by an amount equal to EBITDA (if positive) directly attributable to the assets which are the subject of such Asset Sale for such Four Quarter
Period, or increased by an amount equal to EBITDA (if negative), directly attributable thereto for such Four Quarter Period; 
  

 -7- 

 (4) if since the beginning of such Four Quarter Period the Company or any
Restricted Subsidiary (by merger or otherwise) shall have made an Investment in any Restricted Subsidiary (or any Person which becomes a Restricted Subsidiary) or an acquisition of assets, including any Investment or acquisition of assets occurring
in connection with a transaction requiring a calculation of the Consolidated Foreign and Senior Secured Leverage Ratio to be made hereunder, EBITDA for such period shall be calculated after giving pro forma effect thereto (including
the Incurrence of any Indebtedness) as if such Investment or acquisition had occurred on the first day of such Four Quarter Period; and 

(5) if since the beginning of such Four Quarter Period any Person that subsequently became a Restricted Subsidiary or was
merged with or into the Company or any Restricted Subsidiary since the beginning of such Four Quarter Period shall have made any Asset Sale, any Investment or acquisition of assets that would have required an adjustment pursuant to clause
(3) or (4) above if made by the Company or a Restricted Subsidiary during such Four Quarter Period, EBITDA for such Four Quarter Period shall be calculated after giving pro forma effect thereto as if such Asset Sale,
Investment or acquisition had occurred on the first day of such Four Quarter Period. 
 For purposes of this definition,
whenever pro forma effect is to be given to an acquisition of assets, the amount of income, earnings or EBITDA relating thereto, the pro forma calculations shall be determined in good faith by a responsible financial or
accounting officer of the Company and shall comply with Regulation S-X except that pro forma calculations may also include reasonably identifiable and factually supportable operating expense reductions for which the steps necessary for
realization have been taken or are reasonably expected to be completed within 12 months of the transaction and are set forth in an Officer’s Certificate. 

“Consolidated Interest Expense” means, for any period, the total interest expense of the Company and its consolidated
Restricted Subsidiaries included in the Company’s consolidated income statement in accordance with GAAP, plus, to the extent not included in such total interest expense, and to the extent Incurred by the Company or its Restricted Subsidiaries,
without duplication: 
 (1) interest expense attributable to Capital Lease Obligations; 

(2) amortization of debt discount and debt issuance cost; 

(3) capitalized interest; 

(4) non-cash interest expense; 

(5) to the extent included in the calculation of net income under GAAP, commissions, discounts and other fees and charges
owed with respect to letters of credit and bankers’ acceptance financing; 
  

 -8- 

 (6) to the extent included in the calculation of net income under GAAP, net
payments pursuant to Hedging Obligations; 
 (7) dividends accrued in respect of all Disqualified Stock of the
Company and all Preferred Stock of any Restricted Subsidiary that is not a Subsidiary Guarantor, in each case held by Persons other than the Company or a Restricted Subsidiary (other than dividends payable solely in Capital Stock (other than
Disqualified Stock) of the Company); provided, however, that such dividends will be multiplied by a fraction, the numerator of which is one and the denominator of which is one minus the effective combined tax rate of the issuer of such
Preferred Stock (expressed as a decimal) for such period (as estimated by the chief financial officer of the Company in good faith); 

(8) interest incurred in connection with Investments in discontinued operations; 

(9) interest actually paid by the Company or any Restricted Subsidiary under any Guarantee of any Indebtedness of any
Person other than the Company or any Restricted Subsidiary; 
 (10) the cash contributions to any employee stock
ownership plan or similar trust to the extent such contributions are used by such plan or trust to pay interest or fees to any Person (other than the Company or any Subsidiary Guarantor) in connection with Indebtedness Incurred by such plan or
trust; and 
 (11) commissions, discounts, yield and other fees and charges Incurred in connection with Permitted
Securitizations during such period which are payable to any Person other than the Company or a Subsidiary Guarantor and that are comparable to or in the nature of interest under any Permitted Securitization, including losses on the sale of assets
relating to any receivables securitization transaction accounted for as a “true sale” (other than any one-time financing fees paid upon entering into any Permitted Securitization), 

and less (1) to the extent included in such total interest expense, (A) the amortization during such period of capitalized financing costs
associated with the Emergence Transactions and (B) the amortization during such period of other capitalized financing costs, as determined in good faith by the chief financial officer of the Company, and (2) interest income for such
period. 
 “Consolidated Net Income” means, for any period, the net income (or loss) attributable to the Company and
its Subsidiaries on a consolidated basis in accordance with GAAP (i.e., after non-controlling interest) before any reduction for Preferred Stock dividends; provided, however, that there shall not be included in such Consolidated Net
Income: 
 (1) any net income (or loss) of any Person (other than the Company) if such Person is not a Restricted
Subsidiary, except that: 
 (A) subject to the exclusion contained in clause (5) below, (i) the
Company’s equity in the net income of any such Person for such period shall be included in such Consolidated Net Income up to the aggregate amount of cash actually distributed by such Person (or to the extent promptly converted into cash)
during such period to the Company or a Restricted Subsidiary as a dividend or other distribution and (ii) any dividend, distribution or other payments in respect of Capital Stock paid in cash by such Person to the Company or a Restricted
Subsidiary thereof in excess of the amount included in clause (i) (subject, in the case of a dividend or other distribution paid to a Restricted Subsidiary, to the limitations contained in clause (3) below); and 

 

 -9- 

 (B) the Company’s equity in a net loss of any such Person for such
period shall be included in determining such Consolidated Net Income to the extent such loss has been funded with cash from the Company or any Restricted Subsidiary; 

(2) solely for the purpose of calculating the amount available for Restricted Payments under Section 4.04(a)(3), any
net income of any Restricted Subsidiary if such Restricted Subsidiary is not a Subsidiary Guarantor and is subject to restrictions, directly or indirectly, on the payment of dividends or the making of distributions in respect of its Capital Stock by
such Restricted Subsidiary, directly or indirectly, to the Company (but, in the case of any Foreign Subsidiary, only to the extent cash equal to such net income (or a portion thereof) for such period is not readily procurable by the Company from
such Foreign Subsidiary (with the amount of cash readily procurable from such Foreign Subsidiary being determined in good faith by the chief financial officer of the Company) pursuant to intercompany loans, repurchases of Capital Stock or otherwise
(without duplication from clause (1))); provided that, subject to the exclusion contained in clause (4) below, the Company’s equity in the net income of any such Restricted Subsidiary for such period shall be included in such
Consolidated Net Income up to the aggregate amount of cash actually distributed by such Restricted Subsidiary during such period to the Company or another Subsidiary Guarantor as a dividend or other distribution (subject, in the case of a dividend
or other distribution paid to another Restricted Subsidiary, to the limitation contained in this clause (2)); 

(3) the Company’s equity in a net loss of any such Restricted Subsidiary for such period except to the extent such
loss has been funded with cash from the Company or any Subsidiary Guarantor; 
 (4) any gain (or loss) realized
upon the sale or other disposition of any assets of the Company, its consolidated Subsidiaries or any other Person (including pursuant to any sale-and-leaseback arrangement) which is not sold or otherwise disposed of in the ordinary course of
business and any gain (or loss) realized upon the sale or other disposition of any Capital Stock of any Person; 
  

 -10- 

 (5) any net after-tax extraordinary, unusual or nonrecurring gains or losses
(less all fees and expenses relating thereto) or income or expense or charge, including, without limitation, any severance expense, restructuring charges, and fees, expenses or charges related to any offering of Capital Stock of such Person, any
Investment, acquisition or Indebtedness permitted to be incurred hereunder (in each case, whether or not successful); 

(6) the cumulative effect of a change in accounting principles and any charges or credits relating to the adoption of
fresh-start accounting principles; 
 (7) any non-cash impairment charges resulting from the application of
Statements of Financial Accounting Standards No. 142 and No. 144 and the amortization of intangibles pursuant to Statement of Financial Accounting Standards No. 141; 

(8) any long-term incentive plan accruals and any non-cash compensation expense realized from grants of stock appreciation
or similar rights, stock options or other rights to officers, directors and employees of such Person or any of its Restricted Subsidiaries; and 

(9) any one-time non-cash charges (such as capitalized manufacturing profit in inventory) resulting from purchase
accounting in connection with any acquisition that is consummated prior to or after the Issue Date; 
 in each case, for such period.
Notwithstanding the foregoing, for the purpose of Section 4.04 only, there shall be excluded from Consolidated Net Income any repurchases, repayments or redemptions of Investments, proceeds realized on the sale of Investments or return of
capital to the Company or a Restricted Subsidiary to the extent such repurchases, repayments, redemptions, proceeds or returns increase the amount of Restricted Payments permitted pursuant to Section 4.04(a)(3)(D). 

“Contribution Indebtedness” means Indebtedness of the Company or any Subsidiary Guarantor in an aggregate principal amount
equal to the aggregate amount of cash contributions (other than Excluded Contributions) made to the capital of the Company or such Subsidiary Guarantor after the Release Date; provided that: 

(1) such cash contributions have not been used to make a Restricted Payment, and 

(2) such Contribution Indebtedness (a) is Incurred within 180 days after the making of such cash contributions and
(b) is so designated as Contribution Indebtedness pursuant to an Officer’s Certificate on the Incurrence date thereof. 

“Cooper-Standard” means Cooper-Standard Automotive Inc. 

“Corporate Trust Office” means the offices of the Trustee at 535 Griswold Street, Suite 550, Detroit, MI 48226 or any other
offices of the Trustee. 
  

 -11- 

 “Credit Agreement” means the debt facilities to be entered into on or about the
Release Date by and among Parent, the Company, certain of its Subsidiaries, the lenders referred to therein and the other financial institutions and parties from time to time party thereto, together with those documents and instruments delivered in
connection therewith (including, without limitation, any revolving loans, swingline loans and letters of credit thereunder, any incremental facility advanced thereunder or in connection therewith, and any notes, guarantees and collateral security
documents, filings and other instruments delivered in connection therewith), as amended, extended, renewed, restated, supplemented or otherwise modified (in whole or in part, and without limitation as to obligor, party, amount, terms, conditions,
covenants and other provisions) from time to time, and any agreement (and related documents and instruments) governing Indebtedness incurred to Refinance, in whole or in part, the borrowings, letters of credit and commitments then outstanding or
permitted to be outstanding under such Credit Agreement (including term loans) or a successor Credit Agreement, whether by the same or any other lender or group of lenders. 

“Credit Facilities” means, with respect to the Company or any of its Restricted Subsidiaries, one or more debt facilities,
including the Credit Agreement, or commercial paper facilities with banks or other institutional lenders, investors or other financial institutions, indentures providing for revolving credit loans, term loans, notes, receivables financing, including
through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against receivables (or convey receivables to such lenders or other entities, on a recourse or non-recourse basis), letters of credit
(including synthetic facilities), bank guarantees or other long-term or short-term indebtedness, including any guarantees, collateral security documents, instruments and agreements executed in connection therewith, and any amendments, supplements,
modifications, extensions, renewals, restatements or refundings thereof and any indentures or credit facilities or commercial paper facilities or other financings with banks or other institutional lenders, investors or other financial institutions
that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder in whole or in part, including any such replacement, refunding or refinancing facility or indenture that increases the
amount borrowable thereunder or alters the maturity thereof or the obligor in respect thereof. 
 “Cumulative Preferred
Stock” means the preferred stock issued by Parent in connection with the Emergence Transactions. 
 “Currency
Agreement” means any foreign exchange contract, currency swap agreement or other similar agreement with respect to currency values. 

“Custodian” means the Trustee, as custodian with respect to the Securities in global form, or any successor entity thereto.

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

 “Definitive Security” means a certificated Security registered in the name of the Holder thereof and issued in
accordance with Section 2.06(c) hereof, substantially in the form of Exhibit A, except that such Security shall not bear the Global Security Legend and shall not have the “Schedule of Increases or Decreases in Global
Security” attached thereto. 
  

 -12- 

 “Depositary” means The Depository Trust Company, its nominees and their respective
successors. 
 “Designated Non-cash Consideration” means the fair market value of non-cash consideration received by
the Company or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, executed by the principal
financial officer of the Company, less the amount of cash or Temporary Cash Investments or Additional Assets received in connection with a subsequent sale or collection on such Designated Non-cash Consideration. 

“Designated Preferred Stock” means preferred stock of the Company or any direct or indirect parent corporation thereof (in each
case other than Disqualified Stock) that is issued for cash (other than to the Company or any of its Subsidiaries or an employee stock ownership plan or a trust established by the Company or any of its Subsidiaries for the benefit of their
employees) and is so designated as Designated Preferred Stock pursuant to an Officer’s Certificate executed by the principal financial officer of the Company or the applicable parent corporation thereof, as the case may be, on the issuance date
thereof. 
 “Disqualified Stock” means, with respect to any Person, any Capital Stock which by its terms (or by the
terms of any security into which it is convertible or for which it is exchangeable, in each case at the option of the holder) or upon the happening of any event: 

(1) matures or is mandatorily redeemable (other than redeemable only for Capital Stock of such Person which is not itself
Disqualified Stock) pursuant to a sinking fund obligation or otherwise; 
 (2) is convertible or exchangeable at
the option of the holder for Indebtedness or Disqualified Stock; or 
 (3) is redeemable or must be purchased
upon the occurrence of certain events or otherwise at the option of the holder, in whole or in part, 
 in each case on or prior to the first
anniversary of the Stated Maturity of the Securities; provided that, only the portion of Capital Stock which so matures or is mandatorily redeemable, is so convertible or exchangeable or is so redeemable at the option of the holder thereof
prior to such date will be deemed to be Disqualified Stock; provided further, however, that any Capital Stock that would not constitute Disqualified Stock but for provisions thereof giving holders thereof the right to require such
Person to purchase or redeem such Capital Stock upon the occurrence of an “asset sale” or “change of control” (each defined in a substantially similar manner to the corresponding definitions in this Indenture) occurring prior to
the first anniversary of the Stated Maturity of the Securities shall not constitute Disqualified Stock if any such requirement only becomes operative after compliance with such terms applicable to the Securities, including the purchase of any
Securities tendered pursuant thereto. 
  

 -13- 

 The amount of any Disqualified Stock that does not have a fixed redemption, repayment or
repurchase price will be calculated in accordance with the terms of such Disqualified Stock as if such Disqualified Stock were redeemed, repaid or repurchased on any date on which the amount of such Disqualified Stock is to be determined pursuant to
this Indenture; provided, however, that if such Disqualified Stock could not be required to be redeemed, repaid or repurchased at the time of such determination, the redemption, repayment or repurchase price will be the book value of
such Disqualified Stock as reflected in the most recent financial statements of such Person. 
 “Domestic Subsidiary”
means any Restricted Subsidiary of the Company that was formed under the laws of the United States or any state of the United States or the District of Columbia. 

“EBITDA” for any period means the sum of Consolidated Net Income, plus the following to the extent deducted in calculating such
Consolidated Net Income and otherwise without duplication: 
 (1) all tax expense of the Company and its
consolidated Restricted Subsidiaries for taxes based on income, profits or capital, including without limitation state, franchise and similar taxes (including state franchise taxes), of such Person and its Restricted Subsidiaries or, if applicable,
the Tax Amount, for such period; 
 (2) Consolidated Interest Expense; 

(3) depreciation and amortization expense of the Company and its consolidated Restricted Subsidiaries (excluding
amortization expense attributable to a prepaid item that was paid in cash in a prior period); 
 (4) all other
non-cash charges of the Company and its consolidated Restricted Subsidiaries (excluding any such non-cash charge to the extent that it represents an accrual of or reserve for cash expenditures in any future period), less all non-cash items of income
of the Company and its consolidated Restricted Subsidiaries (other than accruals of revenue by the Company and its consolidated Restricted Subsidiaries in the ordinary course of business); 

(5) any non-recurring fees, cash charges and other cash expenses made or incurred by the Company and its consolidated
Restricted Subsidiaries in connection with the Emergence Transactions; 
 (6) any net after-tax income or loss
(less all fees and expenses or charges relating thereto) attributable to the early extinguishment of Indebtedness and Hedging Obligations; and 

(7) any net after-tax effect of income (loss) from disposed, abandoned, transferred, closed or discontinued operations and
any net after-tax gain or loss on the disposal of abandoned, transferred, closed or discontinued operations; 
  

 -14- 

 in each case for such period. Notwithstanding the foregoing, the provision for taxes based on the income or
profits of, and the depreciation and amortization and non-cash charges of, a Restricted Subsidiary of the Company that is not a Subsidiary Guarantor shall be added to Consolidated Net Income to compute EBITDA only to the extent (and in the same
proportion) that the net income of such Restricted Subsidiary was included in calculating Consolidated Net Income and only if (x) a corresponding amount would be permitted at the date of determination to be dividended to the Company by such
Restricted Subsidiary without prior approval (that has not been obtained), pursuant to the terms of its charter and all agreements, instruments, judgments, decrees, orders, statutes, rules and governmental regulations applicable to such Restricted
Subsidiary or its shareholders or (y) in the case of any Foreign Subsidiary, a corresponding amount of cash is readily procurable by the Company from such Foreign Subsidiary (as determined in good faith by the chief financial officer of the
Company) pursuant to intercompany loans, repurchases of Capital Stock or otherwise, provided that to the extent cash of such Foreign Subsidiary provided the basis for including the net income of such Foreign Subsidiary in Consolidated Net
Income pursuant to clause (3) of the definition of “Consolidated Net Income,” such cash shall not be taken into account for the purposes of determining readily procurable cash under this clause (y). 

“Emergence Transactions” means all transactions relating to the Reorganization Plan and the Company’s emergence from
Chapter 11, including, but not limited to, closing of the Exit Financing. 
 “Equity Offering” means any public or
private sale after the Issue Date of common stock or Preferred Stock of the Company or Parent, as applicable (other than Disqualified Stock), other than public offerings with respect to Parent’s, the Company’s or such direct or indirect
parent company’s common stock registered on Form S-8 and any such public or private sale that constitutes an Excluded Contribution. 

“Escrow Agent” means U.S. Bank National Association, as escrow agent under the Escrow Agreement, or any successor escrow agent
as set forth in the Escrow Agreement. 
 “Escrow Agreement” means the Escrow Agreement to be dated as of the Issue
Date, among the Company, the Trustee and the Escrow Agent, as amended, supplemented, modified, extended, renewed, restated or replaced in whole or in part from time to time. 

“Escrow End Date” means the 60th day following the Issue Date; provided that the Company may on one occasion elect to
extend the Escrow End Date for an additional 30 days so long as, not later than five Business Days prior to the scheduled Escrow End Date, (i) it provides prior written notice to the Escrow Agent and the Trustee and has issued a press release
stating that it has extended the Escrow End Date and (ii) it has deposited cash into escrow with the Escrow Agent, to be held pursuant to the terms of the Escrow Agreement, in an amount sufficient to fund the redemption price due on the latest
possible date for the revised Special Mandatory Redemption in respect of all outstanding Securities and has certified that such amounts will be satisfactory for such purpose. 

 

 -15- 

 “Escrow Investment” means (1) Treasury Securities, (2) investments in
time deposit accounts, certificates of deposit and money market deposits maturing no later than the Escrow End Date in each case, entitled to U.S. federal deposit insurance for the full amount thereof or issued by a bank or trust company (including
the Escrow Agent or an affiliate of the Escrow Agent) which is organized under the laws of the United States of America or any State thereof having capital, surplus and undivided profits aggregating in excess of $500.0 million and
(3) repurchase obligations maturing no later than the Escrow End Date entered into with a nationally recognized broker-dealer, with respect to which the purchased securities are Obligations issued or guaranteed by the United States government
or any agency thereof, which repurchase Obligations shall be entered into pursuant to written agreements. 
 “Escrow
Issuer” means CSA Escrow Corporation. 
 “Escrow Proceeds” has the meaning ascribed to such term under
Section 4.14. 
 “Euroclear” means Euroclear S.A./N.V., as operator of the Euroclear system. 

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

“Exchange Offer” has the meaning set forth in any Registration Rights Agreement. 

“Exchange Securities” means the debt securities of the Company issued pursuant to this Indenture in exchange for, and in an
aggregate principal amount equal to, the Securities or Additional Securities issued hereunder, in compliance with the terms of the Registration Rights Agreement, or any similar agreement or otherwise. 

“Excluded Contributions” means the Net Cash Proceeds received by the Company after the Release Date from: 

(a) contributions to its common equity capital, and 

(b) the sale (other than to a Subsidiary of the Company or to any Company or Subsidiary management equity plan or stock
option plan or any other management or employee benefit plan or agreement) of Capital Stock (other than Disqualified Stock) of the Company; 

in each case designated as Excluded Contributions pursuant to an Officer’s Certificate executed by an Officer of the Company, the cash proceeds of
which are excluded from the calculation set forth in Section 4.04(a)(3). 
 “Excluded Subsidiary” means:

 (1) any Foreign Subsidiary; and 

(2) any Restricted Subsidiary of the Company; provided that the total assets of all Restricted Subsidiaries that
are Excluded Subsidiaries solely as a result of this clause (2), as reflected on their respective most recent balance sheets prepared in accordance with GAAP, do not in the aggregate at any time exceed $1.0 million. 

 

 -16- 

 “Exit Financing” means that certain financing to finance the Reorganization Plan
expected to be composed of the Credit Agreement and the Securities. 
 “Fair Market Value” means the value that would
be paid by a willing buyer to an unaffiliated willing seller in a transaction not involving distress or necessity of either party, determined in good faith by the Company and (i) in the event of transactions involving a Fair Market Value of
more than $5.0 million, set forth in an Officer’s Certificate, and (ii) in the event of transactions involving a Fair Market Value of more than $10.0 million, as determined by the Board of Directors of the Company (unless otherwise
provided in this Indenture). 
 “Foreign Subsidiary” means any Restricted Subsidiary that is not organized under the
laws of the United States of America or any State thereof or the District of Columbia and any direct or indirect Subsidiary of such Restricted Subsidiary. 

“GAAP” means generally accepted accounting principles in the United States of America as in effect as of the Issue Date.

 “Global Security Legend” means the legend set forth in Section 2.06(g)(2) hereof, which is required to be
placed on all Global Securities issued under this Indenture. 
 “Global Securities” means, individually and
collectively, each of the Restricted Global Securities and the Unrestricted Global Securities, substantially in the form of Exhibit A hereto issued in accordance with Section 2.01, 2.06(b), 2.06(d) or 2.06(f) hereof. 

“Gross Proceeds” means an amount equal to the aggregate U.S. Dollar amount received by the Company pursuant to the sale of
the Securities, before giving effect to any discount to the Initial Purchasers. 
 “Guarantee” means any obligation,
contingent or otherwise, of any Person directly or indirectly guaranteeing any Indebtedness of any Person and any obligation, direct or indirect, contingent or otherwise, of such Person: 

(1) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness of such Person
(whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take-or-pay or to maintain financial statement conditions or otherwise); or 

(2) entered into for the purpose of assuring in any other manner the obligee of such Indebtedness of the payment thereof
or to protect such obligee against loss in respect thereof (in whole or in part); 
 provided, however, that the term
“Guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. The term “Guarantee” used as a verb has a corresponding meaning. 

 

 -17- 

 “Guarantors” means: 

(1) Parent; 

(2) each direct or indirect Wholly Owned Domestic Subsidiary of the Company (other than Excluded Subsidiaries) on the date
of this Indenture which has issued a guarantee with respect to other Indebtedness of the Company or a Guarantor; and 

(3) any other Wholly Owned Restricted Subsidiary of the Company that guarantees such Securities or any related Exchange
Securities pursuant to the terms of this Indenture. 
 “Guaranty” means the Parent Guaranty and the Subsidiary
Guarantees. 
 “Guaranty Agreement” means a supplemental indenture entered into after the Issue Date, in a form
satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s Obligations with respect to the Securities on the terms provided for in this Indenture. 

“Hedging Obligations” means, with respect to any specified Person, the obligations of such Person under: 

(1) interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and other agreements or
arrangements designed for the purpose of fixing, hedging, mitigating or swapping interest rate risk either generally or under specific contingencies; 

(2) foreign exchange contracts, currency swap agreements and other agreements or arrangements designed for the purpose of
fixing, hedging, mitigating or swapping foreign currency exchange rate risk either generally or under specific contingencies; and 

(3) commodity swap agreements, commodity cap agreements or commodity collar agreements designed for the purpose of fixing,
hedging, mitigating or swapping commodity risk either generally or under specific contingencies. 
 “Holder” or
“Securityholder” means the Person in whose name a Security is registered on the Registrar’s books. 

“Incur” means issue, assume, Guarantee, incur, acquire or otherwise become liable (contingently or otherwise) for;
provided, however, that any Indebtedness of a Person existing at the time such Person becomes a Restricted Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be Incurred by such Person at the
time it becomes a Restricted Subsidiary. The term “Incurrence” when used as a noun shall have a correlative meaning. Solely for purposes of determining compliance with Section 4.03: 

 

 -18- 

 (1) amortization of debt discount or the accretion of principal with respect
to a non-interest bearing or other discount security; 
 (2) the payment of regularly scheduled interest in the
form of additional Indebtedness of the same instrument or the payment of regularly scheduled dividends on Capital Stock in the form of additional Capital Stock of the same class and with the same terms; and 

(3) the obligation to pay a premium in respect of Indebtedness arising in connection with the issuance of a notice of
redemption or making of a mandatory offer to purchase such Indebtedness; 
 will not be deemed to be the Incurrence of Indebtedness. 

“Indebtedness” means, with respect to any Person on any date of determination (without duplication): 

(1) the principal in respect of (A) indebtedness of such Person for money borrowed and (B) indebtedness
evidenced by notes, debentures, bonds or other similar instruments for the payment of which such Person is responsible or liable, including, in each case, any premium on such indebtedness to the extent such premium has become due and payable;

 (2) all Capital Lease Obligations of such Person and all Attributable Debt in respect of Sale/Leaseback
Transactions entered into by such Person; 
 (3) the balance of deferred and unpaid purchase price of property or
services of such Person and all obligations of such Person under any title retention agreement (but, in each case, excluding any accounts payable or other liability to trade creditors arising in the ordinary course of business); provided that
any Indebtedness Incurred to pay or otherwise discharge such obligations shall constitute Indebtedness; 
 (4)
the principal component of all obligations of such Person in respect of any letter of credit, bankers’ acceptance or similar credit transaction (including reimbursement obligations with respect thereto) (other than obligations with respect to
letters of credit securing obligations (other than obligations described in clauses (1) through (3) above) entered into in the ordinary course of business of such Person to the extent such letters of credit are not drawn upon or,
if and to the extent drawn upon, such drawing is reimbursed no later than the tenth Business Day following payment on the letter of credit); 

(5) the amount of all obligations of such Person with respect to the redemption, repayment or other repurchase of any
Disqualified Stock of such Person or, with respect to any Preferred Stock of any Subsidiary of such Person, the principal amount of such Preferred Stock to be determined in accordance with this Indenture (but excluding, in each case, any accrued
dividends); provided that the Cumulative Preferred Stock shall be deemed not to constitute Indebtedness; 
  

 -19- 

 (6) to the extent not otherwise included in this definition, Hedging
Obligations of such Person; 
 (7) all obligations of the type referred to in clauses (1) through
(6) of other Persons and all dividends of other Persons for the payment of which, in either case, such Person is responsible or liable, directly or indirectly, as obligor, guarantor or otherwise, including by means of any Guarantee; 

(8) all obligations of the type referred to in clauses (1) through (7) of other Persons secured by any Lien
on any property or asset of such Person (whether or not such obligation is assumed by such Person), the amount of such obligation being deemed to be the lesser of the Fair Market Value of such property or assets at such date of determination and the
amount of the obligation so secured; and 
 (9) to the extent not otherwise included, with respect to the Company
and its Restricted Subsidiaries, the amount of any Permitted Securitization; 
 if and to the extent any of the foregoing Indebtedness in
clauses (1) through (5) would appear as a liability upon a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP. 

Notwithstanding the foregoing, in connection with the purchase by the Company or any Restricted Subsidiary of any business, the term
“Indebtedness” will exclude post-closing payment adjustments to which the seller may become entitled to the extent such payment is determined by a final closing balance sheet or such payment depends on the performance of such business
after the closing or similar obligations; provided, however, that, at the time of closing, the amount of any such payment is not determinable and, to the extent such payment thereafter becomes fixed and determined, the amount is paid
within 30 days thereafter. Indebtedness shall not include any liability for foreign, federal, state or local taxes. 
 The
amount of Indebtedness of any Person at any date shall be the outstanding balance at such date of all obligations as described above; provided, however, that in the case of Indebtedness sold at a discount, the amount of such
Indebtedness at any time will be the accreted value thereof at such time. 
 Notwithstanding the foregoing, for purposes of the
definition of “Obligations” as used herein (and only such definition), the term “Indebtedness” shall include (i) all obligations of such Person in respect of any letter of credit, bankers’ acceptance or similar credit
transaction (including reimbursement obligations and fees with respect thereto), (ii) all Hedging Obligations of such Person and (iii) all obligations of such Person pursuant to any Commodities Agreement. 

“Indenture” means this Indenture as amended or supplemented from time to time. 

 

 -20- 

 “Independent Qualified Party” means an investment banking firm, accounting firm or
appraisal firm of national standing; provided, however, that such firm is not an Affiliate of the Company. 

“Indirect Participant” means a Person who holds a beneficial interest in a Global Security through a Participant. 

“Initial Purchasers” means Deutsche Bank Securities Inc., Banc of America Securities LLC, Barclays Capital Inc. and UBS
Securities LLC. 
 “Initial Securities” has the meaning stated in the preamble to this Indenture 

“Interest Rate Agreement” means any interest rate protection agreement, interest rate future agreement, interest rate option
agreement, interest rate collar agreement, interest rate hedge agreement, interest rate swap agreement, interest rate cap agreement or other financial agreement or arrangement with respect to exposure to interest rates. 

“Investment” means any direct or indirect advance, loan (other than advances to customers in the ordinary course of business
that are recorded as accounts receivable on the balance sheet of the lender) or other extensions of credit (including by way of Guarantee or similar arrangement) or capital contribution (by means of any transfer of cash or other property to others
or any payment for property or services for the account or use of others), or any purchase or acquisition of Capital Stock, Indebtedness or other similar instruments by a Person in another Person. The acquisition by the Company or any Restricted
Subsidiary of a Person that holds an Investment in a third Person will be deemed to be an Investment by the Company or such Restricted Subsidiary in such third Person at such time. Except as otherwise provided for herein, the amount of an Investment
shall be its Fair Market Value at the time the Investment is made and without giving effect to subsequent changes in value. 

For purposes of the definition of “Unrestricted Subsidiary,” the definition of “Restricted Payment” and
Section 4.04: 
 (1) “Investment” shall include the portion (proportionate to the Company’s
equity interest in such Subsidiary) of the Fair Market Value of the net assets of any Subsidiary of the Company at the time that such Subsidiary is designated an Unrestricted Subsidiary; provided, however, that upon a redesignation of
such Subsidiary as a Restricted Subsidiary, the Company shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary equal to an amount (if positive) equal to (A) the Company’s “Investment”
in such Subsidiary at the time of such redesignation less (B) the portion (proportionate to the Company’s equity interest in such Subsidiary) of the Fair Market Value of the net assets of such Subsidiary at the time of such redesignation;
and 
 (2) any property transferred to or from an Unrestricted Subsidiary shall be valued at its Fair Market
Value at the time of such transfer. 
  

 -21- 

 “Investment Grade Rating” means a rating equal to or higher than Baa3 (or the
equivalent) by Moody’s and BBB- (or the equivalent) by Standard and Poor’s, or an equivalent rating by any other Rating Agency. 

“Issue Date” means the first date on which the Initial Securities are originally issued. 

“Lien” means, with respect to any property or assets, any mortgage or deed of trust, pledge, hypothecation, assignment, deposit
arrangement, security interest, lien, charge, easement (other than any easement not materially impairing usefulness or marketability), encumbrance, preference, priority or other security agreement of any kind or nature whatsoever on or with respect
to such property or assets (including, without limitation, any conditional sale or other title retention agreement having substantially the same economic effect as any of the foregoing); provided that in no event shall an operating lease, in
and of itself, be deemed to constitute a Lien. 
 “Moody’s” means Moody’s Investors Service, Inc. and any
successor to its rating agency business. 
 “Net Available Cash” from an Asset Sale means cash payments received
therefrom (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the sale or other disposition of any securities received as consideration, but only
as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other non-cash form), in each case
net of: 
 (1) all legal, title and recording tax expenses, commissions and other fees and expenses incurred, and
all federal, state, provincial, foreign and local taxes required to be accrued as a liability under GAAP, as a consequence of such Asset Sale; 

(2) all payments made on any Indebtedness which is secured by any assets subject to such Asset Sale, in accordance with
the terms of any Lien upon or other security agreement of any kind with respect to such assets, or which must by its terms, or in order to obtain a necessary consent to such Asset Sale, or by applicable law, be repaid out of the proceeds from such
Asset Sale; 
 (3) all distributions and other payments required to be made to minority interest holders in
Restricted Subsidiaries as a result of such Asset Sale; 
 (4) the deduction of appropriate amounts provided by
the seller as a reserve, in accordance with GAAP, against any liabilities associated with the property or other assets disposed in such Asset Sale and retained by the Company or any Restricted Subsidiary after such Asset Sale; and 

 

 -22- 

 (5) any portion of the purchase price from an Asset Sale placed in escrow,
whether as a reserve for adjustment of the purchase price, for satisfaction of indemnities in respect of such Asset Sale or otherwise in connection with that Asset Sale; provided, however, that upon the termination of that escrow, Net
Available Cash will be increased by any portion of funds in the escrow that are released to the Company or any Restricted Subsidiary. 

“Net Cash Proceeds,” with respect to any issuance or sale of Capital Stock or Indebtedness, means the cash proceeds of such
issuance or sale net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and
net of taxes paid or payable as a result thereof. 
 “Non-U.S. Person” means a Person who is not a U.S. Person.

 “Obligations” means with respect to any Indebtedness, all obligations for principal, premium, interest, penalties,
fees, indemnifications, reimbursements, and other amounts payable pursuant to the documentation governing such Indebtedness (including interest and fees accruing on or after the filing of any petition with respect to any bankruptcy, insolvency or
reorganization of any obligor at the rate provided for in the documentation with respect thereto, whether or not a claim for post-filing interest and fees is allowed under applicable law). 

“Offering Memorandum” means the offering memorandum dated April 29, 2010 relating to the initial issuance of Securities
under this Indenture. 
 “Officer” means the Chairman of the Board, the president, the chief financial officer, any
vice president, the general counsel, the treasurer or the secretary of the Company. 
 “Officer’s Certificate”
means a certificate signed by an Officer. 
 “Opinion of Counsel” means a written opinion from legal counsel who is
acceptable to the Trustee. The counsel may be an employee of or counsel to the Company or the Trustee. 
 “Parent”
means Cooper-Standard Holdings Inc. All references to Parent shall include, unless the context requires otherwise, any entity that directly or indirectly owns all of the Company’s Voting Stock. 

“Parent Guaranty” means the Guarantee by Parent of the Company’s Obligations with respect to the Securities and this
Indenture, including any Guarantee entered into after the Issue Date. 
 “Participant” means, with respect to the
Depositary, Euroclear or Clearstream, a Person who has an account with the Depositary, Euroclear or Clearstream, respectively (and, with respect to DTC, shall include Euroclear and Clearstream). 

 

 -23- 

 “Permitted Holders” means Barclays Bank PLC and its subsidiaries and any funds or
accounts managed by Capital Research and Management Company, Lord, Abbett & Co., Oak Hill Advisors, L.P., Silver Point Capital, L.P., TCW Asset Management Company and TD Asset Management Inc. 

“Permitted Investment” means an Investment by the Company or any Restricted Subsidiary in: 

(1) the Company, a Restricted Subsidiary or a Person that will, upon the making of such Investment, become a Restricted
Subsidiary; 
 (2) another Person if, as a result of such Investment, such other Person is merged or consolidated
with or into, or transfers or conveys all or substantially all its assets to, the Company or a Restricted Subsidiary; provided, however, that such Person’s primary business is a Related Business; 

(3) cash and Temporary Cash Investments; 

(4) receivables owing to, and recorded as accounts receivable on the balance sheet of, the Company or any Restricted
Subsidiary if created or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms; provided, however, that such trade terms may include such concessionary trade terms as the
Company or any such Restricted Subsidiary deems reasonable under the circumstances; 
 (5) payroll, travel and
similar advances to cover matters that are expected at the time of such advances ultimately to be treated as expenses for accounting purposes and that are made in the ordinary course of business; 

(6) loans or advances to employees, directors and officers of the Company or any of its Restricted Subsidiaries, in each
case made in the ordinary course of business or to fund such Person’s purchase of Capital Stock of the Company or any direct or indirect parent company thereof; 

(7) Investments received in satisfaction of judgments or settlements of debt or compromises of obligations incurred in the
ordinary course of business; 
 (8) the licensing or contribution of intellectual property pursuant to joint
marketing arrangements with other Persons; 
 (9) any Person to the extent such Investment represents the
non-cash portion of the consideration received for (a) an Asset Sale as permitted pursuant to Section 4.06 or (b) a disposition of assets not constituting an Asset Sale; 

 

 -24- 

 (10) any Person where such Investment was acquired by the Company or any of
its Restricted Subsidiaries (a) in exchange for any other Investment or accounts receivable held by the Company or any such Restricted Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of
the issuer of such other Investment or accounts receivable or (b) as a result of a foreclosure by the Company or any of its Restricted Subsidiaries with respect to any secured Investment or other transfer of title with respect to any secured
Investment in default; 
 (11) any Person to the extent such Investments consist of prepaid expenses, negotiable
instruments held for collection and lease, utility and workers’ compensation, performance and other similar deposits made in the ordinary course of business by the Company or any Restricted Subsidiary; 

(12) any Person to the extent such Investments consist of Hedging Obligations otherwise permitted under Section 4.03;

 (13) any Person to the extent such Investment exists on the Release Date, and any extension, modification or
renewal of any such Investments existing on the Release Date, but only to the extent not involving additional advances, contributions or other Investments of cash or other assets or other increases thereof (other than as a result of the accrual or
accretion of interest or original issue discount or the issuance of pay-in-kind securities, in each case, pursuant to the terms of such Investment as in effect on the Release Date); 

(14) Investments the payment for which consists of Capital Stock of the Company (other than Disqualified Stock) or any
direct or indirect parent company of the Company, as applicable; provided, however, that such Capital Stock will not increase the amount available for Restricted Payments under Section 4.04(a)(3); 

(15) an SPE Subsidiary or an Investment by an SPE Subsidiary in any other Person as required by or in connection with a
Permitted Securitization; 
 (16) Investments (including debt obligations and Capital Stock) received in
connection with the bankruptcy or reorganization of suppliers and customers or in settlement of delinquent obligations of, or other disputes with, customers and suppliers arising in the ordinary course of business; and 

(17) additional Investments by the Company or any of its Restricted Subsidiaries (including, but not limited to, joint
ventures) having an aggregate Fair Market Value, taken together with all other Investments made pursuant to this clause (17), not to exceed the greater of $75.0 million (with the Fair Market Value of each Investment being measured at the time
made and without giving effect to subsequent changes in value) and 4.0% of Total Assets. 
 “Permitted Liens” means:

 (1) Liens existing on the Release Date; 

 

 -25- 

 (2) Liens existing on property or assets at the time of acquisition by the
Company or a Restricted Subsidiary which secure Indebtedness that is not incurred in contemplation of such property or assets being so acquired; provided that such Liens do not extend to other property or assets of the Company or any
Restricted Subsidiary; 
 (3) Liens securing Indebtedness of the type described in
(x) Section 4.03(b)(11); provided that such Lien is attached within 180 days of the Incurrence of such Indebtedness, and (y) Section 4.03(b)(12); provided that such Liens attach solely to assets of Foreign
Subsidiaries; 
 (4) Liens securing Indebtedness of the type described in Section 4.03(b)(1); 

(5) Liens replacing any of the items set forth in clauses (1) through (3) above; provided that
(A) the principal amount of the Indebtedness secured by such Liens shall not be increased (except premiums or other payments paid in connection with a concurrent Refinancing of such Indebtedness and the expenses Incurred in connection
therewith), (B) such Liens have the same or a lower ranking and priority as the Liens being replaced; and (C) such Liens shall be limited to the property or assets encumbered by the Lien so replaced; 

(6) Liens encumbering cash proceeds (or securities purchased therewith) from Indebtedness permitted to be Incurred under
Section 4.03 which are set aside at the time of such Incurrence in order to secure an escrow arrangement pursuant to which such cash proceeds (or securities purchased therewith) are contemplated to ultimately be released to the Company or a
Restricted Subsidiary or returned to the lenders of such Indebtedness; provided that such Liens are automatically released concurrently with the release of such cash proceeds (or securities purchased therewith) from such escrow arrangement;

 (7) Liens in favor of the Company or a Restricted Subsidiary; 

(8) Liens to secure the performance of statutory obligations, surety or appeal bonds, performance bonds or other
obligations of a like nature incurred in the ordinary course of business; 
 (9) Liens for taxes, assessments or
governmental charges or claims that are not yet delinquent for a period of more than 30 days or that are payable or subject to penalties for non-payment or that are being contested in good faith by appropriate proceedings; 

(10) statutory Liens of landlords and Liens of carriers, warehousemen, mechanics, suppliers, materialmen, repairmen and
other Liens imposed by law incurred in the ordinary course of business for sums not yet delinquent for a period of more than 60 days or being contested in good faith; 

 

 -26- 

 (11) Liens incurred or deposits made in the ordinary course of business in
connection with workers’ compensation, unemployment and other insurance and other types of social security or similar obligations, including any Lien securing letters of credit issued in the ordinary course of business consistent with past
practice in connection therewith, or to secure the performance of tenders, statutory obligations, surety and appeal bonds, bids, leases, government contracts, performance and return-of-money bonds and other similar obligations (exclusive of
obligations for the payment of borrowed money); 
 (12) judgment Liens not accompanied by an Event of Default
under Section 6.01(8) arising from such judgment; 
 (13) easements, rights-of-way, zoning restrictions,
minor defects or irregularities in title and other similar charges or encumbrances in respect of real property not interfering in any material respect with the ordinary conduct of business of the Company or any of its Restricted Subsidiaries;

 (14) any interest or title of a lessor under any lease, whether or not characterized as capital or operating;
provided that such Liens do not extend to any property or asset which is not leased property subject to such lease; 

(15) Liens upon specific items of inventory or other goods and proceeds of any Person securing such Person’s
obligations in respect of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods; 

(16) Liens securing reimbursement obligations with respect to letters of credit which encumber documents and other
property relating to such letters of credit and products and proceeds thereof; 
 (17) Liens encumbering deposits
made to secure obligations arising from statutory, regulatory, contractual, or warranty requirements of the Company or any of the Restricted Subsidiaries, including rights of offset and set-off; 

(18) leases or subleases granted to others not interfering in any material respect with the business of the Company or the
Restricted Subsidiaries; 
 (19) Liens in favor of customs and revenue authorities arising as a matter of law to
secure payment of customs duties in connection with importation of goods; 
 (20) Liens encumbering initial
deposits and margin deposits, and other Liens incurred in the ordinary course of business and that are within the general parameters customary in the industry; 

(21) Liens arising from filing Uniform Commercial Code financing statements regarding leases; 

 

 -27- 

 (22) Liens on Receivables and Related Assets transferred to an SPE
Subsidiary or on assets of an SPE Subsidiary, in either case incurred in connection with a Permitted Securitization; 

(23) Liens securing Hedging Obligations so long as the related Indebtedness is, and is permitted under this Indenture to
be, secured by a Lien on the same property securing such Hedging Obligation; 
 (24) Liens to secure any
Refinancing Indebtedness permitted to be Incurred as Secured Indebtedness under this Indenture pursuant to Section 4.03(b)(5); provided that (a) the new Lien shall be limited to all or part of the same property and assets that
secured the original Lien, and (b) the Indebtedness secured by the new Lien is not increased to any amount greater than the sum of (i) the outstanding principal amount or, if greater, committed amount of the Indebtedness renewed, refunded,
refinanced, replaced, defeased or discharged with such Refinancing Indebtedness, and (ii) an amount necessary to pay any fees and expenses, including premiums, related to such renewal, refunding, refinancing, replacement, defeasance or
discharge; 
 (25) any encumbrance or restriction (including put and call arrangements) with respect to Capital
Stock of any joint venture or similar arrangement pursuant to any joint venture or similar agreement permitted under the indenture; 

(26) Liens deemed to exist in connection with Investments in repurchase agreements permitted under Section 4.03;
provided that such Liens do not extend to any assets other than those that are the subject of such repurchase agreement; 

(27) Liens solely on any cash earnest money deposits made by the Company or any of its Restricted Subsidiaries in
connection with any letter of intent or purchase agreement not prohibited by this Indenture; 
 (28) Liens in
respect of cash-pooling arrangement outside of the United States covering assets of Subsidiaries that are non-Guarantors; 

(29) any extension, renewal or replacement, in whole or in part, of any Lien described in clauses (1), (2), (3) and
(31) of this definition of “Permitted Liens”; provided that any such extension, renewal or replacement is no more restrictive in any material respect than any Lien so extended, renewed or replaced and does not extend to any
additional property or assets; 
 (30) Liens other than any of the foregoing incurred by the Company or any
Restricted Subsidiary of the Company with respect to Indebtedness or other obligations that do not, in the aggregate, exceed $25.0 million at any one time outstanding; and 

(31) Liens securing Indebtedness Incurred pursuant to the second proviso of Section 4.03(a). 

 

 -28- 

 “Permitted Securitization” means any transaction or series of transactions that
may be entered into by the Company or any Subsidiary pursuant to which it may sell, convey, contribute to capital or otherwise transfer (which sale, conveyance, contribution to capital or transfer may include or be supported by the grant of a
security interest) Receivables or interests therein and all collateral securing such Receivables, all contracts and contract rights, purchase orders, security interests, financing statements or other documentation in respect of such Receivables, any
guarantees, indemnities, warranties or other obligations in respect of such Receivables, any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization
transactions involving receivables similar to such Receivables and any collections or proceeds of any of the foregoing (collectively, the “Related Assets”) (i) to a trust, partnership, corporation or other Person (other than the
Company or any Subsidiary other than an SPE Subsidiary), which transfer is funded in whole or in part, directly or indirectly, by the incurrence or issuance by the transferee or any successor transferee of Indebtedness, fractional undivided
interests or other securities that are to receive payments from, or that represent interests in, the cash flow derived from such Receivables and Related Assets or interests in such Receivables and Related Assets, or (ii) directly to one or more
investors or other purchasers (other than the Company or any Subsidiary), it being understood that a Permitted Securitization may involve (A) one or more sequential transfers or pledges of the same Receivables and Related Assets, or interests
therein (such as a sale, conveyance or other transfer to an SPE Subsidiary followed by a pledge of the transferred Receivables and Related Assets to secure Indebtedness incurred by the SPE Subsidiary), and all such transfers, pledges and
Indebtedness Incurrences shall be part of and constitute a single Permitted Securitization, and (B) periodic transfers or pledges of Receivables and/or revolving transactions in which new Receivables and Related Assets, or interests therein,
are transferred or pledged upon collection of previously transferred or pledged Receivables and Related Assets, or interests therein, provided that any such transactions shall provide for recourse to such Subsidiary (other than any SPE
Subsidiary) or the Company (as applicable) only in respect of the cash flows in respect of such Receivables and Related Assets and to the extent of other customary securitization undertakings in the jurisdiction relevant to such transactions.

 The “amount” or “principal amount” of any Permitted Securitization shall be deemed at any time to be
(1) the aggregate principal or stated amount of the Indebtedness, fractional undivided interests (which stated amount may be described as a “net investment” or similar term reflecting the amount invested in such undivided interest) or
other securities incurred or issued pursuant to such Permitted Securitization, in each case outstanding at such time, or (2) in the case of any Permitted Securitization in respect of which no such Indebtedness, fractional undivided interests or
securities are incurred or issued, the cash purchase price paid by the buyer in connection with its purchase of Receivables less the amount of collections received in respect of such Receivables and paid to such buyer, excluding any amounts applied
to purchase fees or discount or in the nature of interest. 
 “Person” means any individual, corporation, partnership,
limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. 

 

 -29- 

 “Preferred Stock,” as applied to the Capital Stock of any Person, means Capital
Stock of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over shares of
Capital Stock of any other class of such Person. 
 “principal” of a Security means the principal of the Security plus
the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time. 
 “Private
Placement Legend” means the legend set forth in Section 2.06(g)(1) hereof to be placed on all Securities issued under this Indenture, except where otherwise permitted by the provisions of this Indenture. 

“Qualified Equity Offering” means any underwritten public offering of Capital Stock (other than Disqualified Stock) of the
Company, Parent or any other direct or indirect parent of the Company (other than Capital Stock sold to the Company or a Subsidiary of the Company); provided that if such public offering is of Capital Stock of Parent or any other direct or
indirect parent of the Company, the net cash proceeds therefrom have been contributed to the common equity of the Company. 

“QIB” means a “qualified institutional buyer” as defined in Rule 144A. 

“Rating Agency” means Standard & Poor’s and Moody’s or if Standard & Poor’s or Moody’s or
both shall not make a rating on the Securities publicly available, a nationally recognized statistical rating agency or agencies, as the case may be, selected by the Company (as certified by a resolution of the Board of Directors of the Company)
which shall be substituted for Standard & Poor’s or Moody’s or both, as the case may be. 

“Receivables” means accounts receivable (including all rights to payment created by or arising from the sales of goods, leases
of goods or the rendition of services, no matter how evidenced (including in the form of chattel paper) and whether or not earned by performance). 

“Refinance” means, in respect of any Indebtedness, to refinance, extend, renew, refund, repay, prepay, purchase, redeem,
defease or retire, or to issue other Indebtedness in exchange or replacement for, such Indebtedness. “Refinanced” and “Refinancing” shall have correlative meanings. 

“Refinancing Indebtedness” means: 

(A) any Indebtedness that Refinances any Indebtedness of the Company or any Restricted Subsidiary existing on the Release
Date or Incurred in compliance with this Indenture, including Indebtedness that Refinances Refinancing Indebtedness; provided, however, that: 

(1) such Refinancing Indebtedness has a Stated Maturity no earlier than the Stated Maturity of the Indebtedness being
Refinanced; 
  

 -30- 

 (2) such Refinancing Indebtedness has an Average Life at the time such
Refinancing Indebtedness is Incurred that is equal to or greater than the Average Life of the Indebtedness being Refinanced; 

(3) such Refinancing Indebtedness has an aggregate principal amount that is equal to or less than 103% of the aggregate
principal amount (or if Incurred with original issue discount, the aggregate accreted value) then outstanding (plus fees and expenses, including any premium and defeasance costs) under the Indebtedness being Refinanced; and 

(4) if the Indebtedness being Refinanced is a Subordinated Obligation, such Refinancing Indebtedness is subordinated in
right of payment, as the case may be to the Securities at least to the same extent as the Indebtedness being Refinanced; 

(B) any Disqualified Stock of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net
proceeds of which are used to extend, refinance, renew, replace or refund, other Disqualified Stock of the Company or any of its Restricted Subsidiaries (other than Disqualified Stock held by the Company or any of its Restricted Subsidiaries);
provided that: 
 (1) such Refinancing Indebtedness has a final redemption date later than the final
redemption date of, and has a Average Life equal to or greater than the Average Life of, the Disqualified Stock being extended, refinanced, renewed, replaced or refunded; 

(2) such Refinancing Indebtedness has a final redemption date later than the final maturity date of, and is contractually
subordinated in right of payment to, the Securities on terms at least as favorable to the Securityholders as those contained in the documentation governing the Disqualified Stock being extended, refinanced, renewed, replaced or refunded; 

(3) the liquidation or face value of such Refinancing Indebtedness does not exceed the liquidation or face value of the
Disqualified Stock so extended, refinanced, renewed, replaced or refunded (plus all accrued dividends thereon and the amount of any reasonably determined premium necessary to accomplish such refinancing and such reasonable fees and expenses incurred
in connection therewith); 
 (4) such Refinancing Indebtedness is not redeemable at the option of the holder
thereof or mandatorily redeemable prior to the final maturity of the Disqualified Stock being extended, refinanced, renewed, replaced or refunded; and 
  

 -31- 

 (5) such Disqualified Stock is issued either (a) by the Company or any
Subsidiary Guarantor or (b) by the Restricted Subsidiary that is the issuer of the Disqualified Stock being extended, refinanced, renewed, replaced or refunded; 

provided further, however, that Refinancing Indebtedness shall not include (A) Indebtedness of a Subsidiary that is not a
Subsidiary Guarantor that Refinances Indebtedness of a Subsidiary Guarantor or (B) Indebtedness of the Company or a Restricted Subsidiary that Refinances Indebtedness of an Unrestricted Subsidiary. 

“Registration Rights Agreement” means the Registration Rights Agreement related to the Initial Securities, dated as of the
Issue Date, among the Company and the Initial Purchasers, as such agreement may be amended, modified or supplemented from time to time and, with respect to any Additional Securities, one or more registration rights agreements between the Company and
the other parties thereto, as such agreement(s) may be amended, modified or supplemented from time to time, relating to rights given by the Company to the purchasers of Additional Securities to register such Additional Securities under the
Securities Act. 
 “Regulation S” means Regulation S promulgated under the Securities Act. 

“Regulation S Global Security” means a Regulation S Temporary Global Security or Regulation S Permanent Global Security, as
applicable. 
 “Regulation S Permanent Global Security” means a permanent Global Security in the form of
Exhibit A hereto bearing the Global Security Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding
principal amount of the Regulation S Temporary Global Security upon expiration of the Restricted Period. 
 “Regulation S
Temporary Global Security” means a temporary Global Security in the form of Exhibit A hereto bearing the Global Security Legend, the Private Placement Legend and the Regulation S Temporary Global Security Legend and deposited with
or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Securities initially sold in reliance on Rule 903. 

“Regulation S Temporary Global Security Legend” means the legend set forth in Section 2.06(g)(3) hereof. 

“Related Business” means any business in which the Company or any of the Restricted Subsidiaries was engaged on the Issue Date
and any business related, ancillary or complementary to such business. 
 “Reorganization Plan” means a plan of
reorganization in any of the Cases. 
 “Restricted Definitive Security” means a Definitive Security bearing the
Private Placement Legend. 
  

 -32- 

 “Restricted Global Security” means a Global Security bearing the Private Placement
Legend. 
 “Restricted Payment” with respect to any Person means: 

(1) the declaration or payment of any dividends or any other distributions of any sort in respect of its Capital Stock
(including any payment in connection with any merger or consolidation involving such Person) or similar payment to the direct or indirect holders of its Capital Stock (other than (A) dividends or distributions payable solely in its Capital
Stock (other than Disqualified Stock) or options, warrants or other rights to purchase Capital Stock (other than Disqualified Stock), (B) dividends or distributions payable solely to the Company or a Restricted Subsidiary and (C) pro
rata dividends or other distributions made by a Subsidiary that is not a Wholly Owned Restricted Subsidiary to minority stockholders (or owners of an equivalent interest in the case of a Subsidiary that is an entity other than a corporation));

 (2) the purchase, repurchase, redemption, defeasance or other acquisition or retirement for value of any
Capital Stock of the Company or Parent held by any Person (other than by a Restricted Subsidiary) or of any Capital Stock of a Restricted Subsidiary held by any Affiliate of the Company (other than by the Company or a Restricted Subsidiary),
including in connection with any merger or consolidation and including the exercise of any option to exchange any Capital Stock (other than into Capital Stock of the Company that is not Disqualified Stock); 

(3) the purchase, repurchase, redemption, defeasance or other acquisition or retirement for value or giving of any
irrevocable notice of redemption with respect thereto, in each case, prior to scheduled maturity, scheduled repayment or scheduled sinking fund payment of any Subordinated Obligations of the Company or any Subsidiary Guarantor (other than
(A) from the Company or a Restricted Subsidiary, (B) the purchase, repurchase, redemption, defeasance or other acquisition or retirement of Subordinated Obligations purchased in anticipation of satisfying a sinking fund obligation,
principal installment or final maturity, in each case due within one year of the date of such purchase, repurchase, redemption, defeasance or other acquisition or retirement, or (C) the giving of an irrevocable notice of redemption with respect
to the transactions described in Section 4.04(b)(1) or (2)); or 
 (4) the making of any Investment (other
than a Permitted Investment) in any Person. 
 “Restricted Period” means the 40-day distribution compliance period as
defined in Regulation S. 
 “Restricted Subsidiary” means any Subsidiary of the Company that is not an Unrestricted
Subsidiary. 
  

 -33- 

 “Rights Offering” means the receipt (prior to or substantially simultaneously with
the release of the Escrow Proceeds) of proceeds by the Company from the issuance of common and preferred equity, pursuant to a rights offering or otherwise, of not less than $355.0 million. 

“Rule 144” means Rule 144 promulgated under the Securities Act. 

“Rule 144A” means Rule 144A promulgated under the Securities Act. 

“Rule 903” means Rule 903 promulgated under the Securities Act. 

“Rule 904” means Rule 904 promulgated under the Securities Act. 

“Sale/Leaseback Transaction” means an arrangement relating to property owned by the Company or a Restricted Subsidiary on the
Issue Date or thereafter acquired by the Company or a Restricted Subsidiary whereby the Company or a Restricted Subsidiary transfers such property to a third Person and the Company or a Restricted Subsidiary leases it from such Person. 

“SEC” means the U.S. Securities and Exchange Commission. 

“Secured Indebtedness” means any Indebtedness of the Company secured by a Lien. 

“Securities” has the meaning stated in the preamble to this Indenture. 

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

“Significant Subsidiary” means any Restricted Subsidiary that would be a “Significant Subsidiary” of the Company
within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC. 
 “SPE Subsidiary” means any
Subsidiary formed solely for the purpose of, and that engages only in, one or more Permitted Securitizations. 

“Standard & Poor’s” means Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., and any
successor to its rating agency business. 
 “Stated Maturity” means (x) with respect to any security, the date
specified in such security as the fixed date on which the final payment of principal of such security is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for the repurchase of such
security at the option of the holder thereof upon the happening of any contingency unless such contingency has occurred) and (y) with respect to any Capital Lease Obligation, the date of the last payment of rent or any other amount due under
such lease prior to the first date upon which such lease may be terminated by the lessee without payment of a penalty. 
  

 -34- 

 “Subordinated Obligation” means, with respect to a Person, any Indebtedness of
such Person (whether outstanding on the Release Date or thereafter Incurred) which is subordinate or junior in right of payment to the Securities, the Parent Guaranty or a Subsidiary Guaranty of such Person, as the case may be, pursuant to a written
agreement to that effect. 
 “Subsidiary” means, with respect to any Person, any corporation, association, partnership
or other business entity of which more than 50% of the total voting power of shares of Voting Stock is at the time owned or controlled, directly or indirectly, by (1) such Person, (2) such Person and one or more Subsidiaries of such Person
or (3) one or more Subsidiaries of such Person. 
 “Subsidiary Guarantor” means with respect to the Securities, a
Guarantor that is a Restricted Subsidiary of the Company. 
 “Subsidiary Guaranty” means a Guarantee by a Subsidiary
Guarantor of the Company’s Obligations with respect to the Securities and this Indenture, Exchange Securities, and, to the extent permitted under Section 4.03, the Additional Securities, if any. 

“Tax Amount” means (i) for any period, the aggregate amount of Tax Distributions required to be made during such period by
Parent or the Company, as applicable, to their direct or indirect owners for the purpose of enabling such owners to pay their tax liability on their respective shares of cumulative taxable income attributable to Parent or the Company, as applicable,
assuming the highest marginal federal, state and local tax rate for individuals in effect for the year and assuming residency in New York City, New York, and (ii) for any period, the amount of tax required to be paid by the direct or indirect
owners of Parent or the Company, as applicable, directly to taxing authorities in respect of taxable income attributable to Parent or the Company and amounts paid in respect of franchise, capital and other non-income taxes required to be paid by
such direct or indirect owners. 
 “Tax Distribution” means, in the event Parent or the Company becomes a pass-through
or disregarded entity for U.S. federal income tax purposes, a distribution in respect of taxes to the members of Parent or the Company, as applicable. 

“Temporary Cash Investments” means any of the following: 

(1) any investment in direct obligations of the United States of America or any agency thereof or obligations guaranteed
or insured by the United States of America or any agency thereof; 
 (2) investments in demand and time deposit
accounts, certificates of deposit and money market deposits maturing within 180 days of the date of acquisition thereof issued by a bank or trust company which is organized under the laws of the United States of America, any State thereof or any
foreign country recognized by the United States of America, and which bank or trust company has capital, surplus and undivided profits aggregating in excess of $500,000,000 (or the foreign currency equivalent thereof) and has outstanding debt which
is rated “A” (or such similar equivalent rating) or higher by at 
  

 -35- 

 
least one nationally recognized statistical rating organization (as defined in Rule 436 under the Securities Act) or any money-market fund sponsored by a registered broker dealer or mutual
fund distributor; 
 (3) repurchase obligations with a term of not more than 30 days for underlying securities of
the types described in clause (1) above entered into with a bank meeting the qualifications described in clause (2) above; 

(4) investments in commercial paper, maturing not more than 90 days after the date of acquisition, issued by a
corporation (other than an Affiliate of the Company) organized and in existence under the laws of the United States of America or any foreign country recognized by the United States of America with a rating at the time as of which any investment
therein is made of “P-1” (or higher) according to Moody’s or “A-1” (or higher) according to Standard & Poor’s; 

(5) investments in securities with maturities of six months or less from the date of acquisition issued or fully
guaranteed by any state, commonwealth or territory of the United States of America, or by any political subdivision or taxing authority thereof, and rated at least “A” by Standard & Poor’s or “A” by Moody’s;
and 
 (6) investments in money market funds that invest substantially all their assets in securities of the
types described in clauses (1) through (5) above. 
 “Total Assets” means the total consolidated assets
determined in accordance with GAAP, of, in the case of the Company, the Company and its Restricted Subsidiaries, and, in the case of Foreign Subsidiaries, the total consolidated assets of such Foreign Subsidiaries, in each case as shown on the most
recent available internal balance sheet of such Person. 
 “Treasury Rate” means, as of any redemption date, the yield
to maturity as of such redemption date of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) that has become publicly available at least two
Business Days prior to the redemption date (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from the redemption date to May 1, 2014; provided,
however, that if the period from the redemption date to May 1, 2014, is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year will be used.

 “Treasury Securities” means U.S. Government Obligations. 

“Trust Indenture Act” means the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the
Issue Date; provided that in the event that the Trust Indenture Act of 1939 is amended after the Issue Date, “Trust Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939, as amended.

  

 -36- 

 “Trust Officer” means any officer within the corporate trust department of the
Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time
shall be such officers, respectively, or to whom any corporate trust matter is referred because of such Person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this
Indenture. 
 “Trustee” means the party named as such in this Indenture until a successor replaces it and, thereafter,
means the successor. 
 “Uniform Commercial Code” means the New York Uniform Commercial Code as in effect from time to
time. 
 “Unrestricted Definitive Security” means one or more Definitive Securities that do not bear and are not
required to bear the Private Placement Legend. 
 “Unrestricted Global Security” means a permanent Global Security,
substantially in the form of Exhibit A attached hereto that bears the Global Security Legend and that has the “Schedule of Increases or Decreases in Global Security” attached thereto, and that is deposited with or on behalf of
and registered in the name of the Depositary, representing Securities that do not bear the Private Placement Legend. 

“Unrestricted Subsidiary” means: 

(1) any Subsidiary of the Company that at the time of determination shall be designated an Unrestricted Subsidiary by the
Board of Directors of the Company in the manner provided below; and 
 (2) any Subsidiary of an Unrestricted
Subsidiary. 
 The Board of Directors of the Company may designate any Subsidiary of the Company (including any newly acquired or newly formed
Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Capital Stock or Indebtedness of, or holds any Lien on any property of, the Company or any other Subsidiary of the Company that is not a
Subsidiary of the Subsidiary to be so designated; provided, however, that either (A) the Subsidiary to be so designated has total assets of $1,000 or less or (B) if such Subsidiary has assets greater than $1,000, such
designation would be permitted under Section 4.04. 
 The Board of Directors of the Company may designate any Unrestricted
Subsidiary to be a Restricted Subsidiary; provided, however, that immediately after giving effect to such designation (A) either (a) the Consolidated Coverage Ratio would not be less than immediately prior to such designation
or (b) the Company could Incur $1.00 of additional Indebtedness under the first proviso of Section 4.03(a) and (B) no Default shall have occurred and be continuing. Any such designation by the Board of Directors of the Company shall
be evidenced to the Trustee by promptly filing with the Trustee a copy of the resolution of the Board of Directors of the Company giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the
foregoing provisions. 
  

 -37- 

 “Unsecured Indebtedness” means Indebtedness that is not Secured Indebtedness.

 “U.S. Dollar Equivalent” means with respect to any monetary amount in a currency other than U.S. dollars, at any
time for determination thereof, the amount of U.S. dollars obtained by converting such foreign currency involved in such computation into U.S. dollars at the spot rate for the purchase of U.S. dollars with the applicable foreign currency as
published in The Wall Street Journal in the “Exchange Rates” column under the heading “Currency Trading” on the date two Business Days prior to such determination. 

“U.S. Government Obligations” means direct obligations (or certificates representing an ownership interest in such obligations)
of the United States of America (including any agency or instrumentality thereof) for the payment of which the full faith and credit of the United States of America is pledged and which are not callable at the issuer’s option. 

“U.S. Person” means a U.S. person as defined in Rule 902(k) under the Securities Act. 

“Voting Stock” of a Person means all classes of Capital Stock of such Person then outstanding and normally entitled (without
regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof. 
 “Wholly
Owned Domestic Subsidiary” of any specified Person means a Domestic Subsidiary of such Person all of the outstanding Capital Stock or other ownership interest of which shall at the time be owned by such Person or by one or more Wholly Owned
Restricted Subsidiaries of such Person. 
 “Wholly Owned Restricted Subsidiary” means a Restricted Subsidiary all the
Capital Stock of which (other than directors’ qualifying shares) is owned by the Company or one or more other Wholly Owned Restricted Subsidiaries. 

“Wholly Owned Subsidiary” of any specified Person means a Subsidiary of such Person all of the outstanding Capital Stock or
other ownership interest of which shall at the time be owned by such Person or by one or more Subsidiaries of such Person. 

SECTION 1.02. Other Definitions. 
  

			
	 Term
	  	Defined in
Indenture Section
	 “Acceleration Notice”
	  	6.02
	 “Affiliate Transaction”
	  	4.07(a)
	 “Authenticating Agent”

“Bankruptcy Custodian”
	  	2.02
 6.01

 

 -38- 

			
	 Term
	  	Defined in
Indenture Section
	 “Bankruptcy Law”
	  	6.01
	 “Change of Control Offer”
	  	4.09(b)
	 “covenant defeasance option”
	  	8.01(b)
	 “Covenant Suspension Event”
	  	4.15
	 “cross-acceleration provision”
	  	6.01(5)
	 “DTC”
	  	3.02
	 “Excess Proceeds”
	  	4.06(a)(3)(B)
	 “Exchange Offer Registration Statement”
	  	4.02
	 “Escrow Proceeds”
	  	4.14
	 “Event of Default”
	  	6.01
	 “Guaranteed Obligations”
	  	11.01
	 “Initial Lien”
	  	4.13
	 “judgment default provision”
	  	6.01(8)
	 “legal defeasance option”
	  	8.01(b)
	 “Notice of Default”
	  	6.01
	 “Offer”
	  	4.06(b)
	 “Offer Amount”
	  	4.06(c)(2)
	 “Offer Period”
	  	4.06(c)(2)
	 “Paying Agent”
	  	2.03
	 “Purchase Date”
	  	4.06(c)(1)
	 “Refunding Capital Stock”
	  	4.04(b)(i)
	 “Registrar”
	  	2.03
	 “Release Date”
	  	4.14
	 “Reversion Date”
	  	4.15
	 “Shelf Registration Statement”
	  	4.02
	 “Special Mandatory Redemption”
	  	3.07
	 “Special Mandatory Redemption Price”
	  	3.07
	 “Successor Company”
	  	5.01(a)(1)
	 “Suspended Covenants”
	  	4.15
	 “Suspension Period”
	  	4.15
	 “Trigger Date”
	  	3.07

 SECTION 1.03. Incorporation by
Reference of Trust Indenture Act. This Indenture is subject to the mandatory provisions of the Trust Indenture Act which are incorporated by reference in and made a part of this Indenture. The following Trust Indenture Act terms have the
following meanings: 
 “Commission” means the SEC; 

“indenture securities” means the Securities, the Parent Guaranty and the Subsidiary Guarantees; 

 

 -39- 

 “indenture security holder” means a Securityholder; 

“indenture to be qualified” means this Indenture; 

“indenture trustee” or “institutional trustee” means the Trustee; and 

“obligor” on the indenture securities means the Company, Parent, each Subsidiary Guarantor and any other obligor
on the indenture securities. 
 All other Trust Indenture Act terms used in this Indenture that are defined by the Trust
Indenture Act, defined by Trust Indenture Act reference to another statute or defined by SEC rule have the meanings assigned to them by such definitions. 

SECTION 1.04. Rules of Construction. Unless otherwise expressly provided or the context otherwise requires: 

(1) a term has the meaning assigned to it; 

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

(3) “or” is not exclusive; 

(4) “including” means including without limitation; 

(5) words in the singular include the plural and words in the plural include the singular; 

(6) Unsecured Indebtedness shall not be deemed to be subordinate or junior in right of payment to Secured Indebtedness
merely by virtue of its nature as Unsecured Indebtedness; 
 (7) Secured Indebtedness shall not be deemed to be
subordinate or junior in right of payment to any other Secured Indebtedness merely because it has a junior priority with respect to the same collateral; 

(8) the principal amount of any Preferred Stock shall be (A) the maximum liquidation value of such Preferred Stock or
(B) the maximum mandatory redemption or mandatory repurchase price with respect to such Preferred Stock, whichever is greater; and 

(9) all references to the date the Securities were originally issued shall refer to the Issue Date. 

 

 -40- 

 SECTION 1.05. Acts of Holders. 

(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken
by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by an agent duly appointed in writing. Except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments or record or both are delivered to the Trustee and, where it is hereby expressly required, to the Company. Proof of execution of any such instrument or of a writing appointing any such agent, or the
holding by any Person of a Security, shall be sufficient for any purpose of this Indenture and (subject to Section 7.01) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section. 

(b) The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such
execution or by the certificate of any notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such
execution is by or on behalf of any legal entity other than an individual, such certificate or affidavit shall also constitute proof of the authority of the Person executing the same. The fact and date of the execution of any such instrument or
writing, or the authority of the Person executing the same, may also be proved in any other manner that the Trustee deems sufficient. 

(c) The ownership of Securities shall be proved by the Security register. 

(d) Any request, demand, authorization, direction, notice, consent, waiver or other action by the Holder of any Security shall bind every
future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, in respect of any action taken, suffered or omitted by the Trustee or the Company in
reliance thereon, whether or not notation of such action is made upon such Security. 
 (e) The Company may, in the circumstances
permitted by the Trust Indenture Act, set a record date for purposes of determining the identity of Holders entitled to give any request, demand, authorization, direction, notice, consent, waiver or take any other act, or to vote or consent to any
action by vote or consent authorized or permitted to be given or taken by Holders. Unless otherwise specified, if not set by the Company prior to the first solicitation of a Holder made by any Person in respect of any such action, or in the case of
any such vote, prior to such vote, any such record date shall be the later of 30 days prior to the first solicitation of such consent or the date of the most recent list of Holders furnished to the Trustee prior to such solicitation. 

(f) Without limiting the foregoing, a Holder entitled to take any action hereunder with regard to any particular Security may do so with
regard to all or any part of the principal amount of such Security or by one or more duly appointed agents, each of which may do so pursuant to such appointment with regard to all or any part of such principal amount. Any

  

 -41- 

 
notice given or action taken by a Holder or its agents with regard to different parts of such principal amount pursuant to this paragraph shall have the same effect as if given or taken by
separate Holders of each such different part. 
 (g) Without limiting the generality of the foregoing, a Holder, including DTC
that is the Holder of a Global Security, may make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided in this Indenture to be made, given or
taken by Holders, and DTC that is the Holder of a Global Security may provide its proxy or proxies to the beneficial owners of interests in any such Global Security through such depositary’s standing instructions and customary practices.

 (h) The Company may fix a record date for the purpose of determining the Persons who are beneficial owners of interests in any
Global Security held by DTC entitled under the procedures of such depositary to make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided in
this Indenture to be made, given or taken by Holders. If such a record date is fixed, the Holders on such record date or their duly appointed proxy or proxies, and only such Persons, shall be entitled to make, give or take such request, demand,
authorization, direction, notice, consent, waiver or other action, whether or not such Holders remain Holders after such record date. No such request, demand, authorization, direction, notice, consent, waiver or other action shall be valid or
effective if made, given or taken more than 90 days after such record date. 
 ARTICLE 2 

The Securities 

SECTION 2.01. Form and Dating. 

(a) General. The Securities and the Trustee’s certificate of authentication relating thereto shall be substantially in the
form of Exhibit A hereto. The Securities may have notations, legends or endorsements required by law, stock exchange rule or depository rule or usage. The Company shall approve the form of the Securities and any notation, legend or
endorsement on them. Each Security shall be dated the date of its issuance and shall show the date of its authentication. 
 The
terms and provisions contained in the Securities, a form of which is annexed hereto as Exhibit A, shall constitute, and are hereby expressly made, a part of this Indenture and, to the extent applicable, the Company and the Trustee, by
their execution and delivery of this Indenture, expressly agree to such terms and provisions and to be bound thereby. Upon the consummation of the Assumption, the terms and provisions of the Guarantees will constitute, and shall expressly be made, a
part of this Indenture and the Company, Parent, the Subsidiary Guarantors and the Trustee, by their execution and delivery of the supplemental indenture substantially in the form of Exhibit E hereto, shall expressly agree to such terms and
provisions and to be bound thereby. Any reference to a Guarantor herein shall be deemed to be a reference thereto solely from and after the date of its execution and delivery of a supplemental indenture hereto in the form of Exhibit D or
Exhibit E hereto. 
  

 -42- 

 (b) Global Securities. Securities issued in global form shall be substantially in the
form of Exhibit A (the “Global Security”) attached hereto (including the Global Security Legend thereon). Securities issued in definitive form shall be substantially in the form of Exhibit A attached hereto
(but without the Global Security Legend thereon). Each Global Security shall provide that it shall represent up to the aggregate principal amount of Securities from time to time endorsed thereon and that the aggregate principal amount of outstanding
Securities represented thereby may from time to time be reduced or increased, as applicable, to reflect exchanges and redemptions. Any endorsement of a Global Security to reflect the amount of any increase or decrease in the aggregate principal
amount of outstanding Securities represented thereby shall be made by the Trustee or the Custodian, at the direction of the Trustee, in accordance with instructions given by the Holder thereof as required by Section 2.06 hereof. 

(c) Temporary Global Securities. Securities offered and sold in reliance on Regulation S shall be issued initially in the form of
the Regulation S Temporary Global Security, which shall be deposited on behalf of the purchasers of the Securities represented thereby with the Trustee, as custodian for the Depositary, and registered in the name of the Depositary or the nominee of
the Depositary for the accounts of designated agents holding on behalf of Euroclear or Clearstream, duly executed by the Company and authenticated by the Trustee as hereinafter provided. The Restricted Period shall be terminated upon the receipt by
the Trustee of: 
 (1) a written certificate from the Depositary, together with copies of certificates from Euroclear and
Clearstream certifying that they have received certification of non-United States beneficial ownership of 100% of the aggregate principal amount of the Regulation S Temporary Global Security (except to the extent of any beneficial owners thereof who
acquired an interest therein during the Restricted Period pursuant to another exemption from registration under the Securities Act and who shall take delivery of a beneficial ownership interest in a 144A Global Security bearing a Private Placement
Legend, all as contemplated by Section 2.06(b) hereof); and 
 (2) an Officer’s Certificate from the Company.

 Following the termination of the Restricted Period, beneficial interests in the Regulation S Temporary Global Security shall
be exchanged for beneficial interests in the Regulation S Permanent Global Security pursuant to the Applicable Procedures. Simultaneously with the authentication of the Regulation S Permanent Global Security, the Trustee shall cancel the Regulation
S Temporary Global Security. The aggregate principal amount of the Regulation S Temporary Global Security and the Regulation S Permanent Global Security may from time to time be increased or decreased by adjustments made on the records of the
Trustee and the Depositary or its nominee, as the case may be, in connection with transfers of interest as hereinafter provided. 

(d) Terms. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited.

  

 -43- 

 The Securities shall be subject to repurchase by the Company pursuant to a Change of Control
Offer as provided in Section 4.09 hereof or an Offer as provided in Section 4.06 hereof. The Securities shall not be redeemable, other than as provided in Article 3. 

Euroclear and Clearstream Procedures Applicable. The provisions of the “Operating Procedures of the Euroclear System”
and “Terms and Conditions Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream Banking” and “Customer Handbook” of Clearstream shall be applicable to transfers of beneficial interests in the
Regulation S Temporary Global Security and the Regulation S Permanent Global Securities that are held by Participants through Euroclear or Clearstream. 

SECTION 2.02. Execution and Authentication. 

At least one Officer shall execute the Securities for the Company by manual or facsimile signature. 

If an Officer whose signature is on a Security or a Guarantee was an Officer at the time of such execution but no longer holds that
office or position at the time the Trustee authenticates the Security, the Security shall nevertheless be valid. 
 A Security
shall not be valid until an authorized signatory of the Trustee manually or by facsimile signs the certificate of authentication on the Security. The signature shall be conclusive evidence that the Security has been authenticated under this
Indenture. 
 The Trustee shall authenticate (i) Initial Securities for original issue on the Issue Date in the aggregate
principal amount not to exceed $450,000,000, and (ii) subject to Section 4.03, Additional Securities, in each case upon a written order of the Company in the form of an Officer’s Certificate. Each such written order shall specify the
amount of Securities to be authenticated and the date on which the Securities are to be authenticated, whether the Securities are to be Securities or Additional Securities and whether the Securities are to be issued as Definitive Securities or
Global Securities or such other information as the Trustee may reasonably request. Any Additional Securities shall be part of the same issue as the Initial Securities being issued on the Issue Date and will vote on all matters as one class with the
Initial Securities being issued on the Issue Date, including, without limitation, waivers, amendments, redemptions, Change of Control Offers and Offers. For the purposes of this Indenture, except for Section 4.03, references to the Securities
include Additional Securities, if any. 
 The Trustee may appoint an authenticating agent (the “Authenticating Agent”)
reasonably acceptable to the Company to authenticate Securities. Unless otherwise provided in the appointment, an Authenticating Agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by
the Trustee includes authentication by such Authenticating Agent. An Authenticating Agent has the same rights as an agent to deal with the Company or with any Affiliate of the Company. 

The Securities shall be issuable in fully registered form only, without coupons, in denominations of at least $2,000 and any integral
multiple of $1,000 in excess thereof. 
  

 -44- 

 SECTION 2.03. Registrar and Paying Agent. The Company shall maintain an office or
agency where Securities may be presented for registration of transfer or for exchange (the “Registrar”) and an office or agency where Securities may be presented for payment (the “Paying Agent”). The Registrar shall keep a
register of the Securities and of their transfer and exchange. The Company may have one or more co-registrars and one or more additional paying agents. The term “Paying Agent” includes any additional paying agent. 

The Company shall enter into an appropriate agency agreement with any Registrar, Paying Agent or co-registrar not a party to this
Indenture, which shall incorporate the terms of the Trust Indenture Act. The agreement shall implement the provisions of this Indenture that relate to such agent. The Company shall notify the Trustee of the name and address of any such agent. If the
Company fails to maintain a Registrar or Paying Agent, the Trustee shall act as such and shall be entitled to appropriate compensation therefor pursuant to Section 7.07. The Company or any Wholly Owned Subsidiary incorporated or organized
within The United States of America may act as Paying Agent, Registrar, co-registrar or transfer agent. 
 The Company initially
appoints the Trustee as Registrar and Paying Agent in connection with the Securities. 
 SECTION 2.04. Paying Agent To Hold
Money in Trust. Prior to each due date of the principal (and premium, if any) and interest on any Security, the Company shall deposit with the Paying Agent a sum sufficient to pay such principal, any premium and interest when so becoming due.
The Company shall require each Paying Agent (other than the Trustee) to agree in writing that the Paying Agent shall hold in trust for the benefit of Securityholders or the Trustee all money held by the Paying Agent for the payment of principal of
or interest on the Securities and shall notify the Trustee of any default by the Company in making any such payment. If the Company or a Subsidiary acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it as a
separate trust fund. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed by the Paying Agent. Upon complying with this Section 2.04, the Paying Agent shall have no
further liability for the money delivered to the Trustee. 
 SECTION 2.05. Securityholder Lists. The Trustee shall
preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of Securityholders. If the Trustee is not the Registrar, the Company shall furnish to the Trustee, in writing at least five
Business Days before each interest payment date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of Securityholders. 

SECTION 2.06. Transfer and Exchange. 

(a) Transfer and Exchange of Global Securities. Except as otherwise set forth in this Section 2.06, a Global Security may be
transferred, in whole and not in part, only to another nominee of the Depositary or to a successor Depositary or a nominee of such successor Depositary. A beneficial interest in a Global Security may not be exchanged for a Definitive Security unless
(i) the Depositary (x) notifies the Company that it is unwilling or unable to continue 
  

 -45- 

 
as Depositary for such Global Security or (y) has ceased to be a clearing agency registered under the Exchange Act and, in either case, a successor Depositary is not appointed by the Company
within 120 days or (ii) there shall have occurred and be continuing a Default with respect to the Securities. Upon the occurrence of any of the preceding events in clause (i) or (ii) above, Definitive Securities delivered in exchange
for any Global Security or beneficial interests therein will be registered in the names, and issued in any approved denominations, requested by or on behalf of the Depositary (in accordance with its customary procedures). Global Securities also may
be exchanged or replaced, in whole or in part, as provided in Section 2.07 and Section 2.09 hereof. Every Security authenticated and delivered in exchange for, or in lieu of, a Global Security or any portion thereof, pursuant to this
Section 2.06 or Section 2.07 or Section 2.09 hereof, shall be authenticated and delivered in the form of, and shall be, a Global Security, except for Definitive Securities issued subsequent to any of the preceding events in clause
(i) or (ii) above and pursuant to Section 2.06(c) hereof. A Global Security may not be exchanged for another Security other than as provided in this Section 2.06(a); provided, however, beneficial interests in a
Global Security may be transferred and exchanged as provided in Section 2.06(b), (c) or (f) hereof. 
 (b)
Transfer and Exchange of Beneficial Interests in the Global Securities. The transfer and exchange of beneficial interests in the Global Securities shall be effected through the Depositary, in accordance with the provisions of this Indenture
and the Applicable Procedures. Beneficial interests in the Restricted Global Securities shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Transfers of beneficial interests
in the Global Securities also shall require compliance with either subparagraph (1) or (2) below, as applicable, as well as one or more of the other following subparagraphs, as applicable: 

(1) Transfer of Beneficial Interests in the Same Global Security. Beneficial interests in any Restricted Global
Security may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Security in accordance with the transfer restrictions set forth in the Private Placement Legend; provided,
however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Regulation S Temporary Global Security may not be made to a U.S. Person or for the account or benefit of a U.S. Person (other than an
Initial Purchaser). Beneficial interests in any Unrestricted Global Security may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security. No written orders or instructions shall be
required to be delivered to the Registrar to effect the transfers described in this Section 2.06(b)(1). 

(2) All Other Transfers and Exchanges of Beneficial Interests in Global Securities. In connection with all
transfers and exchanges of beneficial interests that are not subject to Section 2.06(b)(1) hereof, the transferor of such beneficial interest must deliver to the Registrar either (A) (1) a written order from a Participant or an
Indirect Participant given to the Depositary in accordance with the Applicable Procedures directing the Depositary to credit or cause to be credited a beneficial interest in another Global Security in an amount equal to the beneficial

  

 -46- 

 
interest to be transferred or exchanged and (2) instructions given in accordance with the Applicable Procedures containing information regarding the Participant account to be credited with
such increase or (B) (1) a written order from a Participant or an Indirect Participant given to the Depositary in accordance with the Applicable Procedures directing the Depositary to cause to be issued a Definitive Security in an amount
equal to the beneficial interest to be transferred or exchanged and (2) instructions given by the Depositary to the Registrar containing information regarding the Person in whose name such Definitive Security shall be registered to effect the
transfer or exchange referred to in (1) above; provided that in no event shall Definitive Securities be issued upon the transfer or exchange of beneficial interests in the Regulation S Temporary Global Security prior to (A) the
expiration of the Restricted Period and (B) the receipt by the Registrar of any certificates required pursuant to Rule 903. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Securities
contained in this Indenture and the Securities or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Security(s) pursuant to Section 2.06(h) hereof. 

(3) Transfer of Beneficial Interests to Another Restricted Global Security. A beneficial interest in any Restricted
Global Security may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security if the transfer complies with the requirements of Section 2.06(b)(2) hereof and the Registrar
receives the following: 
 •        (A) if the transferee will take
delivery in the form of a beneficial interest in the 144A Global Security, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof; or 

•        (B) if the transferee will take delivery in the form of a
beneficial interest in the Regulation S Global Security, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof. 

(4) Transfer and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an
Unrestricted Global Security. A beneficial interest in any Restricted Global Security may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Security or transferred to a Person who takes delivery thereof in
the form of a beneficial interest in an Unrestricted Global Security if the exchange or transfer complies with the requirements of Section 2.06(b)(2) hereof and: 

•        (A) such exchange or transfer is effected pursuant to the Exchange
Offer in accordance with the Registration Rights Agreement and the holder of the beneficial interest to be transferred, in the case of an 

 

 -47- 

 
exchange, or the transferee, in the case of a transfer, certifies in the applicable letter of transmittal that it is not (1) a broker-dealer, (2) a Person participating in the
distribution of the Exchange Securities or (3) a Person who is an affiliate (as defined in Rule 144) of the Company; 

•        (B) such transfer is effected pursuant to the Shelf Registration
Statement in accordance with the Registration Rights Agreement; 

•        (C) such transfer is effected by a broker-dealer pursuant to an
Exchange Offer Registration Statement in accordance with the Registration Rights Agreement; or 

•        (D) the Registrar receives the following: 

•        (1) if the holder of such beneficial interest in a Restricted
Global Security proposes to exchange such beneficial interest for a beneficial interest in an Unrestricted Global Security, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in
item (1)(a) thereof; or 
 •        (2) if the holder of such
beneficial interest in a Restricted Global Security proposes to transfer such beneficial interest to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security, a certificate from such holder in
the form of Exhibit B hereto, including the certifications in item (4) thereof; 
 and, in each case set forth in this
Section 2.06(b)(4), if the Registrar so requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

If any such transfer is effected pursuant to Section 2.06(b)(2) or (4) at a time when an Unrestricted Global Security has not
yet been issued, the Company shall issue and, upon receipt of an authentication order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Securities in an aggregate principal amount equal to
the aggregate principal amount of beneficial interests transferred pursuant to Section 2.06(b)(2) or (4). 
 Beneficial
interests in an Unrestricted Global Security cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of, a beneficial interest in a Restricted Global Security. 

 

 -48- 

 (c) Transfer or Exchange of Beneficial Interests for Definitive
Securities. 
 (1) Beneficial Interests in Restricted Global Securities to Restricted Definitive
Securities. If any holder of a beneficial interest in a Restricted Global Security proposes to exchange such beneficial interest for a Restricted Definitive Security or to transfer such beneficial interest to a Person who takes delivery thereof
in the form of a Restricted Definitive Security, then, upon the occurrence of any of the events in paragraph (i) or (ii) of Section 2.06(a) hereof and receipt by the Registrar of the following documentation: 

•        (A) if the holder of such beneficial interest in a Restricted
Global Security proposes to exchange such beneficial interest for a Restricted Definitive Security, a certificate from such holder substantially in the form of Exhibit C hereto, including the certifications in item (2)(a) thereof;

 •        (B) if such beneficial interest is being transferred to
a QIB in accordance with Rule 144A, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (1) thereof; 

•        (C) if such beneficial interest is being transferred to a Non-U.S.
Person in an offshore transaction in accordance with Rule 903 or Rule 904, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (2) thereof; 

•        (D) if such beneficial interest is being transferred pursuant to an
exemption from the registration requirements of the Securities Act in accordance with Rule 144, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(a) thereof; 

•        (E) if such beneficial interest is being transferred to the
Company, Parent or a Subsidiary thereof, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(b) thereof; or 

•        (F) if such beneficial interest is being transferred pursuant to an
effective registration statement under the Securities Act, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(c) thereof; 

the Trustee shall cause the aggregate principal amount of the applicable Global Security to be reduced accordingly pursuant to Section 2.06(h)
hereof, and the Company shall execute and the Trustee shall authenticate and mail to the Person designated in the instructions a Definitive Security in the applicable principal amount. Any Definitive Security issued in exchange for a beneficial
interest in a Restricted Global Security pursuant to this Section 2.06(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar
through instructions from the Depositary and the 
  

 -49- 

 
Participant or Indirect Participant. The Trustee shall mail such Definitive Securities to the Persons in whose names such Securities are so registered. Any Definitive Security issued in exchange
for a beneficial interest in a Restricted Global Security pursuant to this Section 2.06(c)(1) shall bear the Private Placement Legend and shall be subject to all restrictions on transfer contained therein. 

(2) Beneficial Interests in Regulation S Temporary Global Security to Definitive Securities. Notwithstanding
Section 2.06(c)(1)(A) and (C) hereof, a beneficial interest in the Regulation S Temporary Global Security may not be exchanged for a Definitive Security or transferred to a Person who takes delivery thereof in the form of a Definitive
Security prior to (A) the expiration of the Restricted Period and (B) the receipt by the Registrar of any certificates required pursuant to Rule 903(b)(3)(ii)(B) of the Securities Act, except in the case of a transfer pursuant to an
exemption from the registration requirements of the Securities Act other than Rule 903 or Rule 904. 
 (3)
Beneficial Interests in Restricted Global Securities to Unrestricted Definitive Securities. A holder of a beneficial interest in a Restricted Global Security may exchange such beneficial interest for an Unrestricted Definitive Security or may
transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security only upon the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) hereof and if:

 •        (A) such exchange or transfer is effected pursuant to
the Exchange Offer in accordance with the Registration Rights Agreement and the holder of the beneficial interest to be transferred, in the case of an exchange, or the transferee, in the case of a transfer, certifies in the applicable letter of
transmittal that it is not (1) a broker-dealer, (2) a Person participating in the distribution of the Exchange Securities or (3) a Person who is an affiliate (as defined in Rule 144) of the Company; 

•        (B) such transfer is effected pursuant to the Shelf Registration
Statement in accordance with the Registration Rights Agreement; 

•        (C) such transfer is effected by a broker-dealer pursuant to an
Exchange Offer Registration Statement in accordance with the Registration Rights Agreement; or 

•        (D) the Registrar receives the following: 

•        (1) if the holder of such beneficial interest in a Restricted
Global Security proposes to exchange such beneficial interest for an Unrestricted Definitive Security, a certificate from such holder substantially in the form of Exhibit C hereto, including the certifications in item
(1)(b) thereof; or 
  

 -50- 

 •        (2) if the holder of
such beneficial interest in a Restricted Global Security proposes to transfer such beneficial interest to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Security, a certificate from such holder substantially in
the form of Exhibit B hereto, including the certifications in item (4) thereof; 
 and, in each case set forth in this
Section 2.06(c)(3), if the Registrar so requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

(4) Beneficial Interests in Unrestricted Global Securities to Unrestricted Definitive Securities. If any holder of
a beneficial interest in an Unrestricted Global Security proposes to exchange such beneficial interest for a Definitive Security or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Security,
then, upon the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) hereof and satisfaction of the conditions set forth in Section 2.06(b)(2) hereof, the Trustee shall cause the aggregate principal amount
of the applicable Global Security to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company shall execute and the Trustee shall authenticate and mail to the Person designated in the instructions a Definitive Security in the
applicable principal amount. Any Definitive Security issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(4) shall be registered in such name or names and in such authorized denomination or denominations as the holder
of such beneficial interest shall instruct the Registrar through instructions from or through the Depositary and the Participant or Indirect Participant. The Trustee shall mail such Definitive Securities to the Persons in whose names such Securities
are so registered. Any Definitive Security issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(4) shall not bear the Private Placement Legend. 

(d) Transfer and Exchange of Definitive Securities for Beneficial Interests. 

(1) Restricted Definitive Securities to Beneficial Interests in Restricted Global Securities. If any Holder of a
Restricted Definitive Security proposes to exchange such Security for a beneficial interest in a Restricted Global Security or to transfer such Restricted Definitive Security to a Person who takes delivery thereof in the form of a beneficial
interest in a Restricted Global Security, then, upon receipt by the Registrar of the following documentation: 

•        (A) if the Holder of such Restricted Definitive Security proposes
to exchange such Security for a beneficial interest in a Restricted Global Security, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (2)(b) thereof; 

 

 -51- 

 •        (B) if such
Restricted Definitive Security is being transferred to a QIB in accordance with Rule 144A, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (1) thereof; 

•        (C) if such Restricted Definitive Security is being transferred to
a Non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (2) thereof; 

•        (D) if such Restricted Definitive Security is being transferred
pursuant to an exemption from the registration requirements of the Securities Act in accordance with Rule 144, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(a) thereof;

 •        (E) if such Restricted Definitive Security is being
transferred to the Company, Parent or a Subsidiary thereof, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(b) thereof; or 

•        (F) if such Restricted Definitive Security is being transferred
pursuant to an effective registration statement under the Securities Act, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(c) thereof; 

the Trustee shall cancel the Restricted Definitive Security, increase or cause to be increased the aggregate principal amount of, in the case of clause
(A) above, the applicable Restricted Global Security, in the case of clause (B) above, the applicable 144A Global Security, in the case of clause (C) above, the applicable Regulation S Global Security. 

(2) Restricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities. A Holder of a
Restricted Definitive Security may exchange such Security for a beneficial interest in an Unrestricted Global Security or transfer such Restricted Definitive Security to a Person who takes delivery thereof in the form of a beneficial interest in an
Unrestricted Global Security only: 
 •        (A) such exchange or
transfer is effected pursuant to the Exchange Offer in accordance with the Registration Rights Agreement and the holder of the beneficial interest to be transferred, in the case of an exchange, or the transferee, in the case of a transfer, certifies
in the applicable letter of transmittal that it is not (1) a broker-dealer, (2) a Person participating in the distribution of the Exchange Securities or (3) a Person who is an affiliate (as defined in Rule 144) of the Company;

  

 -52- 

 •        (B) such transfer is
effected pursuant to the Shelf Registration Statement in accordance with the Registration Rights Agreement; 

•        (C) such transfer is effected by a broker-dealer pursuant to an
Exchange Offer Registration Statement in accordance with the Registration Rights Agreement; or 

•        (D) the Registrar receives the following: 

•        (1) if the Holder of such Definitive Securities proposes to
exchange such Securities for a beneficial interest in the Unrestricted Global Security, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(c) thereof; or

 •        (2) if the Holder of such Definitive Securities
proposes to transfer such Securities to a Person who shall take delivery thereof in the form of a beneficial interest in the Unrestricted Global Security, a certificate from such Holder substantially in the form of Exhibit B hereto,
including the certifications in item (4) thereof; 
 and, in each case set forth in this Section 2.06(d)(2), if the Registrar so
requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer
contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

Upon satisfaction of the conditions of any of the subparagraphs in this Section 2.06(d)(2), the Trustee shall cancel the Definitive
Securities and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Security. 

(3) Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities. A Holder of an
Unrestricted Definitive Security may exchange such Security for a beneficial interest in an Unrestricted Global Security or transfer such Definitive Securities to a Person who takes delivery thereof in the form of a beneficial interest in an
Unrestricted Global Security at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Security and increase or cause to be increased the aggregate principal amount of
one of the Unrestricted Global Securities. 
  

 -53- 

 If any such exchange or transfer from a Definitive Security to a beneficial interest is
effected pursuant to subparagraph (2)(B), (2)(D) or (3) above at a time when an Unrestricted Global Security has not yet been issued, the Company shall issue and, upon receipt of an authentication order in accordance with Section 2.02
hereof, the Trustee shall authenticate one or more Unrestricted Global Securities in an aggregate principal amount equal to the principal amount of Definitive Securities so transferred. 

(e) Transfer and Exchange of Definitive Securities for Definitive Securities. Upon request by a Holder of Definitive Securities and
such Holder’s compliance with the provisions of this Section 2.06(e), the Registrar shall register the transfer or exchange of Definitive Securities. Prior to such registration of transfer or exchange, the requesting Holder shall present
or surrender to the Registrar the Definitive Securities duly endorsed or accompanied by a written instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by its attorney, duly authorized in writing. In addition,
the requesting Holder shall provide any additional certifications, documents and information, as applicable, required pursuant to the following provisions of this Section 2.06(e): 

(1) Restricted Definitive Securities to Restricted Definitive Securities. Any Restricted Definitive Security may be
transferred to and registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Security if the Registrar receives the following: 

•        (A) if the transfer will be made to a QIB in accordance with Rule
144A, then the transferor must deliver a certificate substantially in the form of Exhibit B hereto, including the certifications in item (1) thereof; 

•        (B) if the transfer will be made pursuant to Rule 903 or Rule 904
then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof; or 

•        (C) if the transfer will be made pursuant to any other exemption
from the registration requirements of the Securities Act, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications required by item (3) thereof, if applicable. 

(2) Restricted Definitive Securities to Unrestricted Definitive Securities. Any Restricted Definitive Security may
be exchanged by the Holder thereof for an Unrestricted Definitive Security or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Security if: 

•        (A) such exchange or transfer is effected pursuant to the Exchange
Offer in accordance with the Registration Rights Agreement and the holder of the beneficial interest to be transferred, in the case of an exchange, or the transferee, in the case of a transfer, certifies in the applicable letter of transmittal that
it is not (1) a broker-dealer, (2) a Person participating in the distribution of the Exchange Securities or (3) a Person who is an affiliate (as defined in Rule 144) of the Company; 

 

 -54- 

 •        (B) such transfer is
effected pursuant to the Shelf Registration Statement in accordance with the Registration Rights Agreement; 

•        (C) such transfer is effected by a broker-dealer pursuant to an
Exchange Offer Registration Statement in accordance with the Registration Rights Agreement; or 

•        (D) the Registrar receives the following: 

•        (1) if the Holder of such Restricted Definitive Securities proposes
to exchange such Securities for an Unrestricted Definitive Security, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(d) thereof; or 

•        (2) if the Holder of such Restricted Definitive Securities proposes
to transfer such Securities to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Security, a certificate from such Holder substantially in the form of Exhibit B hereto, including the certifications in
item (4) thereof; 
 and, in each case set forth in this Section 2.06(e)(2), if the Registrar so requests, an Opinion of Counsel in
form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in
order to maintain compliance with the Securities Act. 
 (3) Unrestricted Definitive Securities to
Unrestricted Definitive Securities. A Holder of Unrestricted Definitive Securities may transfer such Securities to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security. Upon receipt of a request to register
such a transfer, the Registrar shall register the Unrestricted Definitive Securities pursuant to the instructions from the Holder thereof. 

(f) Exchange Offer. Upon the occurrence of an Exchange Offer in accordance with the Registration Rights Agreement, the Company
shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate (i) one or more Unrestricted Global Securities in an aggregate principal amount equal to the principal amount
of the beneficial interests in the Restricted Global Securities tendered for acceptance by Persons that certify in the applicable letters of transmittal that (x) they are not broker-dealers, (y) they are not participating in a distribution
of any Exchange Securities and (z) they are not affiliates (as defined in Rule 144) of the Company, and accepted for exchange in the Exchange Offer and (ii) Unrestricted Definitive Securities in an aggregate principal amount equal to the
principal amount of the Restricted Definitive Securities tendered for acceptance by Persons that certify in the applicable letters of transmittal that (x) they are not broker-dealers, (y) they are not participating

  

 -55- 

 
in a distribution of the Exchange Securities and (z) they are not affiliates (as defined in Rule 144) of the Company, and accepted for exchange in the Exchange Offer. Concurrently with the
issuance of such Securities, the Trustee shall cause the aggregate principal amount of the applicable Restricted Global Securities to be reduced accordingly, and the Company shall execute and the Trustee shall authenticate and mail to the Persons
designated by the Holders of Definitive Securities so accepted Unrestricted Definitive Securities in the applicable principal amount. Any Securities that remain outstanding after the consummation of an Exchange Offer, and Exchange Securities issued
in connection with an Exchange Offer, shall be treated as a single class of securities under this Indenture. 
 (g)
Legends. The following legends shall appear on the face of all Global Securities and Definitive Securities issued under this Indenture unless specifically stated otherwise in the applicable provisions of this Indenture: 

(1) Private Placement Legend. 

(A) Except as permitted by subparagraph (B) below, each Global Security and each Definitive Security (and all
Securities issued in exchange therefor or substitution therefor) shall bear the legend in substantially the following form: 

THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”)
AND, ACCORDINGLY, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS, EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL
INTEREST HEREIN, THE HOLDER: 
 (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER”
(AS DEFINED IN RULE 144A UNDER THE “SECURITIES ACT”) (A “QIB”) OR (B) IT IS NOT A U.S. PERSON, IS NOT ACQUIRING THIS SECURITY FOR THE ACCOUNT OR FOR THE BENEFIT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFF-SHORE
TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT, 
 (2) AGREES THAT IT WILL NOT, WITHIN, THE
TIME PERIOD REFERRED TO UNDER RULE 144(d)(1) UNDER THE SECURITIES ACT AS IN EFFECT ON THE DATE OF THE TRANSFER OF THIS SECURITY RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY, THE PARENT GUARANTOR OR ANY SUBSIDIARY
THEREOF, (B) TO A PERSON WHOM THE HOLDER REASONABLY BELIEVES IS A QIB OR AN ACCREDITED INVESTOR PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QIB OR AN ACCREDITED INVESTOR, RESPECTIVELY, IN COMPLIANCE WITH RULE 144A UNDER THE
SECURITIES ACT OR AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (D) PURSUANT TO THE EXEMPTION
FROM REGISTRATION PROVIDED BY 
  

 -56- 

 
RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE AND PROVIDED THAT PRIOR TO SUCH TRANSFER, THE TRUSTEE IS FURNISHED WITH AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS IN
COMPLIANCE WITH THE SECURITIES ACT) OR (E) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND, IN EACH CASE, IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS, AND 

(3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY OR AN INTEREST HEREIN IS TRANSFERRED (OTHER THAN A
TRANSFER PURSUANT TO CLAUSE (2)(E) ABOVE) A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. 
 IN
CONNECTION WITH ANY TRANSFER OF THIS SECURITY OR ANY INTEREST HEREIN WITHIN THE TIME PERIOD REFERRED TO ABOVE, THE HOLDER MUST CHECK THE APPROPRIATE BOX SET FORTH ON THE CERTIFICATE OF TRANSFER IN THE FORM APPEARING ON THIS SECURITY RELATING TO THE
MANNER OF SUCH TRANSFER AND SUBMIT THIS CERTIFICATE TO THE TRUSTEE. AS USED HEREIN THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM BY RULE 902 OF REGULATION S UNDER THE
SECURITIES ACT. 
 (B) Notwithstanding the foregoing, any Global Security or Definitive Security issued pursuant
to subparagraph (b)(4), (c)(3), (c)(4), (d)(2), (d)(3), (e)(2), (e)(3) or (f) of this Section 2.06 (and all Securities issued in exchange therefor or substitution thereof) shall not bear the Private Placement Legend. 

(2) Global Security Legend. Each Global Security shall bear a legend in substantially the following form: 

“THIS GLOBAL SECURITY IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY) OR ITS NOMINEE
IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.06(h) OF THE
INDENTURE, (II) THIS GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.10 OF THE INDENTURE AND (IV) THIS
GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, 

 

 -57- 

 
THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR
BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK)
(“DTC”) TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF
DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.” 
 (3) Regulation S Temporary Global Security
Legend. The Regulation S Temporary Global Security shall bear a legend in substantially the following form: 

“BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON, NOR IS IT PURCHASING FOR THE
ACCOUNT OF A U.S. PERSON, AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT.” 

(h) Cancellation and/or Adjustment of Global Securities. At such time as all beneficial interests in a particular Global Security
have been exchanged for Definitive Securities or a particular Global Security has been redeemed, repurchased or canceled in whole and not in part, each such Global Security shall be returned to or retained and canceled by the Trustee in accordance
with Section 2.10 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global
Security or for Definitive Securities, the principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security by the Trustee or by the Depositary at the direction
of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security, such other Global Security
shall be increased accordingly and an endorsement shall be made on such Global Security by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase. 

 

 -58- 

 (i) General Provisions Relating to Transfers and Exchanges.

 (1) To permit registrations of transfers and exchanges, the Company shall execute and the Trustee shall
authenticate Global Securities and Definitive Securities upon receipt of an authentication order in accordance with Section 2.02 hereof or at the Registrar’s request. 

(2) No service charge shall be made to a holder of a beneficial interest in a Global Security or to a Holder of a
Definitive Security for any registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer taxes or
similar governmental charge payable upon exchange or transfer pursuant to Section 2.07, Section 2.09, Section 3.06, Section 4.06, Section 4.09 and Section 9.05 hereof). 

(3) Neither the Registrar nor the Company shall be required to register the transfer of or exchange any Security selected
for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part. 
 (4)
All Global Securities and Definitive Securities issued upon any registration of transfer or exchange of Global Securities or Definitive Securities shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same
benefits under this Indenture, as the Global Securities or Definitive Securities surrendered upon such registration of transfer or exchange. 

(5) The Company shall not be required (A) to issue, to register the transfer of or to exchange any Securities during
a period beginning at the opening of business 15 days before the day of any selection of Securities for redemption under Section 3.02 hereof and ending at the close of business on the day of selection, (B) to register the transfer of or to
exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part or (C) to register the transfer of or to exchange a Security between a record date and the next
succeeding interest payment date. 
 (6) Prior to due presentment for the registration of a transfer of any
Security, the Trustee, any agent and the Company may deem and treat the Person in whose name any Security is registered as the absolute owner of such Security for the purpose of receiving payment of principal of (and premium, if any) and interest
(including Additional Interest, if any) on such Securities and for all other purposes, and none of the Trustee, any agent or the Company shall be affected by notice to the contrary. 

(7) The Trustee shall authenticate Global Securities and Definitive Securities. 

(8) All certifications, certificates and Opinions of Counsel required to be submitted to the Registrar pursuant to this
Section 2.06 to effect a registration of transfer or exchange may be submitted electronically or by facsimile. 
  

 -59- 

 SECTION 2.07. Replacement Securities. If a mutilated Security is surrendered to the
Registrar or if the Holder of a Security claims that the Security has been lost, destroyed or wrongfully taken, the Company shall issue and the Trustee shall authenticate a replacement Security if the requirements of Section 8-405 of the
Uniform Commercial Code are met and the Holder satisfies any other reasonable requirements of the Trustee. If required by the Trustee or the Company, such Holder shall furnish an indemnity bond sufficient in the judgment of the Company and the
Trustee to protect the Company, the Trustee, the Paying Agent, the Registrar and any co-registrar from any loss which any of them may suffer if a Security is replaced. The Company and the Trustee may charge the Holder for their expenses in replacing
a Security (including, without limitation, attorneys’ fees and disbursements in replacing such Security). 
 Every
replacement Security is an additional Obligation of the Company. 
 In the event of any such mutilated, lost, destroyed or
wrongfully taken Security has become due and payable, the Company in its discretion may pay such Security instead of issuing a new Security in replacement thereof. 

SECTION 2.08. Outstanding Securities. Securities outstanding at any time are all Securities authenticated by the Trustee except
for those canceled by it, those delivered to it for cancellation and those described in this Section as not outstanding. A Security does not cease to be outstanding because the Company or an Affiliate of the Company holds the Security. 

If a Security is replaced pursuant to Section 2.07, it ceases to be outstanding unless the Trustee and the Company receive proof
satisfactory to them that the replaced Security is held by a protected purchaser (as defined in Section 8-303 of the Uniform Commercial Code). 

If the Paying Agent segregates and holds in trust, in accordance with this Indenture, on a redemption date or maturity date money
sufficient to pay all principal (and premium, if any) and interest payable on that date with respect to the Securities (or portions thereof) to be redeemed or maturing, as the case may be, and the Paying Agent is not prohibited from paying such
money to the Securityholders on that date pursuant to the terms of this Indenture, then on and after that date such Securities (or portions thereof) cease to be outstanding and interest on them ceases to accrue. 

SECTION 2.09. Temporary Securities. Until Definitive Securities are ready for delivery, the Company may prepare and the Trustee
shall authenticate temporary Securities. Temporary Securities shall be substantially in the form of Definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable delay, the
Company shall prepare and the Trustee shall authenticate Definitive Securities and deliver them in exchange for temporary Securities. 

SECTION 2.10. Cancellation. The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the
Paying Agent shall forward to the Trustee any Securities surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else shall cancel and destroy (subject to the record retention requirements of the Exchange Act)
all Securities surrendered for registration of transfer, exchange, 
  

 -60- 

 
payment or cancellation and deliver a certificate of such destruction to the Company unless the Company directs the Trustee to deliver canceled Securities to the Company. The Company may not
issue new Securities to replace Securities it has redeemed, paid or delivered to the Trustee for cancellation. 
 SECTION 2.11.
Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest at the rate borne by the Securities on such defaulted interest to the extent lawful) in any lawful
manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of
the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. 

SECTION 2.12. CUSIP Numbers, ISINs, etc. The Company in issuing the Securities may use “CUSIP” numbers, ISINs and
“Common Code” numbers (in each case if then generally in use) and, if so, the Trustee shall use “CUSIP” numbers, ISINs and “Common Code” numbers in notices of redemption as a convenience to Holders; provided,
however, that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other
identification numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company shall advise the Trustee in writing of any change in any “CUSIP” numbers, ISINs or
“Common Code” numbers applicable to the Securities. 
 SECTION 2.13. Issuance of Additional Securities. After
the Issue Date, the Company shall be entitled, subject to its compliance with Section 4.03, to issue Additional Securities under this Indenture, which Additional Securities shall have identical terms as the Securities issued on the Issue Date,
other than with respect to the date of issuance and issue price. All the Securities issued under this Indenture shall be treated as a single class for all purposes of this Indenture including waivers, amendments, redemptions and offers to purchase.

 With respect to any Additional Securities, the Company shall set forth in a resolution of the Board of Directors and an
Officer’s Certificate, a copy of each which shall be delivered to the Trustee, the following information: 

(1) the aggregate principal amount of such Additional Securities to be authenticated and delivered pursuant to this
Indenture and the provision of Section 4.03 that the Company is relying on to issue such Additional Securities; 

(2) the issue price, the issue date and the “CUSIP” number of such Additional Securities; provided,
however, that no Additional Securities may be issued at a price that would cause such Additional Securities to have “original issue discount” within the meaning of Section 1273 of the Code; and 

 

 -61- 

 (3) whether such Additional Securities shall be Securities or shall be
issued in the form of Exchange Securities. 
 ARTICLE 3 

Redemption 

SECTION 3.01. Notices to Trustee. If the Company elects to redeem Securities pursuant to section 5 of the Securities, it
shall notify the Trustee in writing of the redemption date, the principal amount of Securities to be redeemed and the paragraph of the Securities pursuant to which the redemption will occur; provided that no Securities of $2,000 or less shall be
purchased or redeemed in part. 
 The Company shall give each notice to the Trustee provided for in this Section at least
30 days but not more than 60 days before the redemption date unless the Trustee consents to a shorter period. Such notice shall be accompanied by an Officer’s Certificate and an Opinion of Counsel from the Company to the effect that
such redemption will comply with the conditions herein. 
 SECTION 3.02. Selection of Securities To Be Redeemed. If fewer
than all the Securities are to be redeemed, the Trustee will select Securities in compliance with the requirements of the principal national securities exchange, if any, on which such Securities are listed, or, if such Securities are not so listed,
on a pro rata basis or by lot or such similar method in accordance with the procedures of The Depository Trust Company (“DTC”). The Trustee shall make the selection from outstanding Securities not previously called for redemption.
The Trustee may select for redemption portions of the principal of Securities that have denominations larger than $2,000. Securities and portions of them the Trustee selects shall be in principal amounts of $2,000 or a whole multiple of $1,000.
Provisions of this Indenture that apply to Securities called for redemption also apply to portions of Securities called for redemption. The Trustee shall notify the Company promptly of the Securities or portions of Securities to be redeemed.

 SECTION 3.03. Notice of Redemption. At least 30 days but not more than 60 days before a date for redemption of
Securities, the Company shall send electronically or by first-class mail or otherwise in accordance with the procedures of DTC a notice of redemption to each Holder of Securities to be redeemed at such Holder’s registered address, except that a
notice of redemption may be sent or mailed more than 60 days prior to a redemption date if the notice of redemption is issued in connection with a defeasance of the Securities or a satisfaction and discharge of this Indenture. Notwithstanding
anything to the contrary contained in this Indenture, notice of a redemption upon an Equity Offering may be made in advance of an Equity Offering, subject to one or more conditions precedent, including but not limited to the consummation of such
Equity Offering. 
 The notice shall identify the Securities to be redeemed and shall state: 

(1) the redemption date; 
  

 -62- 

 (2) the redemption price; 

(3) the name and address of the Paying Agent; 

(4) that Securities called for redemption must be surrendered to the Paying Agent to collect the redemption price;

 (5) if fewer than all the outstanding Securities are to be redeemed, the identification and principal amounts
of the particular Securities to be redeemed; 
 (6) that, unless the Company defaults in making such redemption
payment or the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture, interest on Securities (or portion thereof) called for redemption ceases to accrue on and after the redemption date; 

(7) the “CUSIP” number, ISIN or “Common Code” number, if any, printed on the Securities being
redeemed; and 
 (8) that no representation is made as to the correctness or accuracy of the “CUSIP”
number, ISIN, or “Common Code” number, if any, listed in such notice or printed on the Securities. 
 At the
Company’s request, the Trustee shall give the notice of redemption in the Company’s name and at the Company’s expense. In such event, the Company shall provide the Trustee with the information required by this Section. 

SECTION 3.04. Effect of Notice of Redemption. Once notice of redemption is sent or mailed, Securities called for redemption become
due and payable on the redemption date and at the redemption price stated in the notice. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price stated in the notice, plus accrued interest to the redemption date
(subject to the right of Holders of record on the relevant record date to receive interest due on the related interest payment date), and such Securities shall be canceled by the Trustee. Failure to give notice or any defect in the notice to any
Holder shall not affect the validity of the notice to any other Holder. On and after the redemption date, interest will cease to accrue on the Securities or portions of them called for redemption. 

SECTION 3.05. Deposit of Redemption Price. Prior to the redemption date, the Company shall deposit with the Paying Agent (or, if
the Company or a Subsidiary is the Paying Agent, shall segregate and hold in trust) money sufficient to pay the redemption price of and accrued interest on all Securities to be redeemed on that date other than Securities or portions of Securities
called for redemption which have been delivered by the Company to the Trustee for cancellation. 
 SECTION 3.06. Securities
Redeemed in Part. Upon surrender of a Security that is redeemed in part, the Company shall execute and the Trustee shall authenticate for the Holder (at the Company’s expense) a new Security equal in principal amount to the unredeemed
portion of the Security surrendered. 
  

 -63- 

 SECTION 3.07. Special Mandatory Redemption. The Securities will be subject to a
mandatory redemption (a “Special Mandatory Redemption”) in the event that either (i) the Release Date has not occurred on or prior to the Escrow End Date or (ii) prior to the Escrow End Date, the Company has determined, in its
reasonable discretion, that the escrow conditions cannot be satisfied by such date (any such date, a “Trigger Date”). The Company shall cause the notice of Special Mandatory Redemption to be mailed no later than the next Business Day
following the Trigger Date and will redeem the Securities five Business Days following the date of the notice of redemption. The redemption price for any Special Mandatory Redemption will be the sum of 100% of the Gross Proceeds plus 1.0% of the
aggregate principal amount of the Securities issued on the Issue Date, together with accrued and unpaid interest on the Securities from the Issue Date up to but not including the date of the Special Mandatory Redemption (the “Special Mandatory
Redemption Price”). 
 If the Escrow Agent receives a notice of the Special Mandatory Redemption pursuant to the terms of
the Securities, the Escrow Agent will liquidate all Escrow Proceeds then held by it not later than the last Business Day prior to the date of the Special Mandatory Redemption. Concurrently with the release of the amounts necessary to fund the
Special Mandatory Redemption to the Paying Agent, the Escrow Agent will release any excess of Escrow Proceeds over the Special Mandatory Redemption Price to the Company, and the Company will be permitted to use such excess Escrow Proceeds at its
discretion. 
 ARTICLE 4 

Covenants 

SECTION 4.01. Payment of Securities. The Company shall promptly pay the principal (and premium, if any) of and interest on the
Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal (and premium, if any) and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance
with this Indenture money sufficient to pay all principal (and premium, if any) and interest then due and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the Securityholders on that date pursuant to
the terms of this Indenture. 
 The Company shall pay interest on overdue principal at the rate specified therefor in the
Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. 
 SECTION
4.02. SEC Reports. From and after the Release Date, whether or not the Company is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, the Company will file with the SEC (subject to the next sentence) and
provide the Trustee and Securityholders with such annual reports and other reports as are specified in Sections 13 and 15(d) of the Exchange Act and applicable to a U.S. corporation subject to such Sections, such reports to be so filed and provided
within the times specified for the filings of such reports 
  

 -64- 

 
for non-accelerated filers under such Sections and containing in all material respects, all the information, audit reports and exhibits required for such reports. If at any time, the Company is
not subject to the periodic reporting requirements of the Exchange Act for any reason, the Company will nevertheless continue filing the reports specified in the preceding sentence with the SEC within the time periods required unless the SEC will
not accept such a filing. The Company agrees that it will not take any action for the purpose of causing the SEC not to accept any such filings. If notwithstanding the foregoing, the SEC will not accept such filings for any reason, the Company will
post the reports specified in the preceding sentence on its website within the time periods that would apply for non-accelerated filers if the Company were required to file those reports with the SEC. Notwithstanding the foregoing, the Company may
satisfy such requirements prior to the effectiveness of a registration statement (the “Exchange Offer Registration Statement”) filed with the SEC with respect to a registered offer to exchange the Securities for new securities of the
Company having terms substantially identical in all material respects to the Securities exchanged therefor (except that the Exchange Securities will not contain terms with respect to transfer restrictions) or a shelf registration statement (a
“Shelf Registration Statement”) filed with the SEC covering resales of Securities or Exchange Securities, as the case may be, by filing with the SEC the Exchange Offer Registration Statement or Shelf Registration Statement, to the extent
that any such registration statement contains substantially the same information as would be required to be filed by the Company if it were subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, and by providing the
Trustee and Securityholders with such registration statement (and any amendments thereto) promptly following the filing thereof. 

In addition, in the event that: 

(a) the rules and regulations of the SEC permit a parent entity to report at such parent entity’s level on a
consolidated basis, and 
 (b) such parent entity is not engaged in any business in any material respect other
than incidental to its ownership of the Capital Stock of the Company, 
 such consolidated reporting by such parent entity in a manner
consistent with that described in this Section 4.02 for the Company will satisfy this Section 4.02. 
 At any time
that any of the Company’s Subsidiaries are Unrestricted Subsidiaries, then the quarterly and annual financial information required by the preceding paragraph will include a reasonably detailed presentation, either on the face of the financial
statements or in the footnotes thereto, and in “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” of the financial condition and results of operations of the Company and its Restricted
Subsidiaries separate from the financial condition and results of operations of the Unrestricted Subsidiaries of the Company. 

In addition, the Company shall furnish to the Securityholders and to prospective investors, upon the requests of such Securityholders,
any information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act so long as the Securities are not freely transferable under the Securities Act. 

 

 -65- 

 Notwithstanding the foregoing, the Company is deemed to have furnished such reports referred
to above to the Trustee and the Securityholders if the Company has filed such reports with the SEC via the EDGAR filing system and such reports are publicly available. 

Notwithstanding anything herein to the contrary, the Company will not be deemed to have failed to comply with any of its obligations
hereunder for purposes of Section 6.01(4) until 120 days after the date any report hereunder is due. 
 SECTION 4.03.
Limitation on Indebtedness 
 From and after the Release Date: 

(a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Indebtedness;
provided, however, that the Company and its Subsidiary Guarantors shall be entitled to Incur Indebtedness if, on the date of such Incurrence and after giving effect thereto on a pro forma basis, the Consolidated Coverage
Ratio exceeds 2.0 to 1; provided, further, however, that the Company and its Restricted Subsidiaries will be entitled to Incur Indebtedness if, on the date of such Incurrence and after giving effect thereto on a pro
forma basis, the Consolidated Coverage Ratio exceeds 2.0 to 1 and the Consolidated Foreign and Senior Secured Leverage Ratio is less than 1.75 to 1. 

(b) Notwithstanding the foregoing paragraph (a), the Company and the Restricted Subsidiaries shall be entitled to Incur any or all
of the following Indebtedness: 
 (1) Indebtedness Incurred by the Company and any Restricted Subsidiaries
pursuant to Credit Facilities; provided, however, that immediately after giving effect to any such Incurrence, the aggregate principal amount of all Indebtedness Incurred under this clause (b)(1) and then outstanding does not
exceed the greater of (x) $150.0 million less the sum of (i) all principal payments with respect to such Indebtedness pursuant to Section 4.06(a)(3)(A) and (ii) the aggregate principal amount of Indebtedness under
Permitted Securitizations and (y) the sum of (i) 85% of (A) the consolidated book value of the accounts receivable of the Company and the Restricted Subsidiaries less (B) the aggregate principal amount of Indebtedness under
Permitted Securitizations with respect to any SPE Subsidiary that is a consolidated entity in accordance with GAAP and (ii) 70% of the consolidated book value of the inventories of the Company and the Restricted Subsidiaries; 

(2) Indebtedness owed to and held by the Company or a Restricted Subsidiary; provided, however, that
(A) any subsequent issuance or transfer of any Capital Stock which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any subsequent transfer of such Indebtedness (other than to the Company or a Restricted
Subsidiary) shall be deemed, in each case, to constitute the Incurrence of such Indebtedness by the obligor thereon, (B) if the Company is the obligor on such Indebtedness and a Subsidiary Guarantor is not the obligee thereon, such Indebtedness
is expressly subordinated to the prior payment in full in cash of all obligations with respect to the Securities, and (C) if a Subsidiary Guarantor is the obligor on such Indebtedness and a Subsidiary

  

 -66- 

 
Guarantor is not the obligee thereon, such Indebtedness is expressly subordinated to the prior payment in full in cash of all obligations of such Subsidiary Guarantor with respect to its
Subsidiary Guaranty; 
 (3) the Securities, the Exchange Securities (other than any Additional Securities) and
any Subsidiary Guaranty (other than with respect to any Additional Securities); 
 (4) Indebtedness outstanding
on the Release Date after giving effect to the consummation of the Reorganization Plan (other than Indebtedness described in clause (1), (2) or (3) of this Section 4.03(b)) which shall have the obligors, collateral, maturity and
amortization features summarized in the Offering Memorandum under “Description of Certain Indebtedness and Preferred Stock” or referred to in the Offering Memorandum in the “Pro Forma” column of the table under
“Capitalization”; 
 (5) Indebtedness of a Restricted Subsidiary Incurred and outstanding on or prior
to the date on which such Subsidiary was acquired by the Company (other than Indebtedness Incurred in connection with, or to provide all or any portion of the funds or credit support utilized to consummate, the transaction or series of related
transactions pursuant to which such Subsidiary became a Subsidiary or was acquired by the Company); provided, however, that on the date of such acquisition and after giving pro forma effect thereto, either (a) the
Consolidated Coverage Ratio would not be less than immediately prior to such transactions or (b) the Company would have been entitled to Incur at least $1.00 of additional Indebtedness pursuant to Section 4.03(a); 

(6) Refinancing Indebtedness in respect of Indebtedness Incurred pursuant to Section 4.03(a) or pursuant to
clause (3), (4), (5) or (11) of this Section 4.03(b) or this clause (b)(6); provided, however, that to the extent such Refinancing Indebtedness directly or indirectly Refinances Indebtedness of a Subsidiary Incurred
pursuant to clause (5) of this Section 4.03(b), such Refinancing Indebtedness shall be Incurred only by such Subsidiary; 

(7) Hedging Obligations that are Incurred in the ordinary course of business (and not for speculative purposes)
(1) that consist of Interest Rate Agreements, (2) for the purpose of fixing or hedging currency exchange rate risk with respect to any currency exchanges or (3) for the purpose of fixing or hedging commodity price risk with respect to
any commodity purchases; 
 (8) the Incurrence of Indebtedness in respect of workers’ compensation claims,
payment obligations in connection with health or other types of social security benefits, unemployment or other insurance or self-insurance obligations, reclamation, statutory obligations and other similar obligations, in the ordinary course of
business; 
 (9) Indebtedness arising from the honoring by a bank or other financial institution of a check,
draft or similar instrument drawn against insufficient funds in the ordinary course of business; provided, however, that such Indebtedness is extinguished within five Business Days of its Incurrence; 

 

 -67- 

 (10) Indebtedness consisting of (a) the Guarantee of the Company or a
Subsidiary Guarantor and any Guarantee by the Company or a Subsidiary Guarantor of Indebtedness Incurred in accordance with the provisions of this Indenture, (b) a Guarantee by any Foreign Subsidiary of Indebtedness of another Foreign
Subsidiary of the Company Incurred in accordance with the provisions of this Indenture and (c) any Guarantee by a Restricted Subsidiary of Indebtedness of the Company Incurred in accordance with the provisions of this Indenture; provided
that such Guarantee complies with Section 4.10; 
 (11) Indebtedness (including Capital Lease Obligations)
Incurred by the Company or any of its Restricted Subsidiaries to finance the purchase, lease or cost of design, construction, installation, repair or improvement of property (real or personal), plant or equipment or other fixed or capital assets or
in a Related Business (whether through the direct purchase of assets or the Capital Stock of any Person owning such assets (but no other material assets)) and Refinancing Indebtedness in respect thereof in an aggregate principal amount which, when
added together with the amount of all other Indebtedness then outstanding and Incurred pursuant to this clause (11), does not exceed $50.0 million; 

(12) Indebtedness Incurred by Foreign Subsidiaries in an aggregate principal amount (or accreted value, as applicable), at
any time outstanding, not to exceed the greater of (x) $25.0 million and (y) 3.0% of the Total Assets of Foreign Subsidiaries; 

(13) Permitted Securitizations; 

(14) Indebtedness consisting of the financing of insurance premiums in the ordinary course of business not to exceed $5.0
million; 
 (15) Indebtedness in respect of (A) performance, surety, appeal or similar bonds, completion
guarantees or similar instruments, letters of credit, bankers acceptances, bank guarantees, warehouse receipt or similar facilities, and reinvestment obligations related thereto, each provided in the ordinary course of business and
(B) agreements providing for indemnification, adjustment of purchase price or similar obligations, or from guarantees or letters of credit, surety bonds or performance bonds securing any obligations pursuant to such agreement, Incurred in
connection with the disposition of any business, assets or subsidiary; 
 (16) Contribution Indebtedness;

 (17) preferred stock of a Restricted Subsidiary of the Company issued to the Company or another Restricted
Subsidiary of the Company; provided that (a) any subsequent issuance or transfer of Capital Stock that results in any such preferred stock being held by a Person other than the Company or a Restricted Subsidiary thereof and (b) any
sale or other transfer of any such preferred stock to a Person that is not either the Company or a Restricted Subsidiary thereof, in each case, will be deemed to constitute an issuance of such preferred stock that was not permitted by the provision
described in this clause (17); 
  

 -68- 

 (18) Guarantees (a) incurred in the ordinary course of business in
respect of obligations of (or to) suppliers, customers, franchisees, lessors and licensees and (b) of Indebtedness of joint ventures constituting Investments permitted under this Indenture; 

(19) Indebtedness issued by the Company or any of its Restricted Subsidiaries to any current, future or former director,
officer, consultant or employee of the Company, the direct or indirect parent of the Company or any Restricted Subsidiary of the Company (or any of their Affiliates), or their estates or the beneficiaries of such estates to finance the purchase,
redemption, acquisition or retirement for value of Capital Stock permitted by clause (2) of the definition of “Restricted Payments”; 

(20) Indebtedness representing deferred compensation to employees of the Company (or any direct or indirect parent
thereof) and of Restricted Subsidiaries incurred in the ordinary course of business; and 
 (21) Indebtedness of
the Company or of any of its Subsidiary Guarantors in an aggregate principal amount which, when taken together with all other Indebtedness of the Company and its Subsidiary Guarantors outstanding on the date of such Incurrence (other than
Indebtedness permitted by clauses (1) through (20) above or paragraph (a)), does not exceed $50.0 million. 

(c) Notwithstanding the foregoing, neither the Company nor any Subsidiary Guarantor shall Incur any Indebtedness pursuant to
Section 4.03(b) if the proceeds thereof are used, directly or indirectly, to Refinance any Subordinated Obligations of the Company or any Subsidiary Guarantor unless such Indebtedness shall be subordinated to the Securities or the
applicable Subsidiary Guaranty to at least the same extent as such Subordinated Obligations. 
 (d) For purposes of determining
compliance with this Section 4.03: 
 (1) any Indebtedness outstanding under the Credit Agreement on the
Release Date after the application of the net proceeds from the sale of the Securities will be treated as Incurred on the Release Date under clause (1) of paragraph (b) of this Section 4.03, 

(2) in the event that an item of Indebtedness (or any portion thereof) meets the criteria of more than one of the types of
Indebtedness described in paragraphs (a) and (b) of this Section 4.03, the Company, in its sole discretion, will classify such item of Indebtedness (or any portion thereof) at the time of Incurrence and will only be required to
include the amount and type of such Indebtedness in one of the above paragraphs; and 
 (3) the Company will be
entitled at the time of Incurrence to divide and classify an item of Indebtedness in more than one of the types of Indebtedness described above, and with respect to any Indebtedness Incurred pursuant to any specific clause under
Section 4.03(b), the Company may after such Indebtedness is Incurred reclassify all or a portion of such Indebtedness under a different clause of Section 4.03(b) or under Section 4.03(a) but only to the extent such Indebtedness could
have been so Incurred under Section 4.03(a). 
  

 -69- 

 (e) For purposes of determining compliance with any U.S. dollar-denominated restriction on
the Incurrence of Indebtedness where the Indebtedness Incurred is denominated in a different currency, the amount of such Indebtedness will be the U.S. Dollar Equivalent, determined on the date of the Incurrence of such Indebtedness;
provided, however, that if any such Indebtedness denominated in a different currency is subject to a Currency Agreement with respect to U.S. dollars, covering all principal, premium, if any, and interest payable on such Indebtedness,
the amount of such Indebtedness expressed in U.S. dollars shall be as provided in such Currency Agreement. If Refinancing Indebtedness is Incurred to refinance Indebtedness that is denominated in a non-U.S. currency, and such refinancing would cause
the applicable U.S. dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing, such U.S. dollar-denominated restriction shall be deemed not to have been exceeded so
long as the principal amount of such refinancing Indebtedness does not exceed the principal amount of such Indebtedness being refinanced, except to the extent that such U.S. Dollar Equivalent was determined based on a Currency Agreement, in
which case the Refinancing Indebtedness shall be determined in accordance with the preceding sentence. Notwithstanding any other provision of this Section 4.03, the maximum amount of Indebtedness that the Company and the Subsidiary Guarantors
may Incur pursuant to this Section 4.03 shall not be deemed to be exceeded solely as a result of fluctuations in the exchange rate of currencies. 

Accrual of interest, the accretion of accreted value and the payment of interest or dividends in the form of additional Indebtedness,
Disqualified Stock or Preferred Stock, as applicable, will not be deemed to be an incurrence of Indebtedness, Disqualified Stock or Preferred Stock for purposes of this covenant. 

SECTION 4.04. Limitation on Restricted Payments 

After the Release Date: 

(a) The Company shall not, and shall not permit any Restricted Subsidiary, directly or indirectly, to make a Restricted Payment if at the
time the Company or such Restricted Subsidiary makes such Restricted Payment: 
 (1) a Default shall have
occurred and be continuing (or would result therefrom); 
 (2) the Company is not entitled to Incur an additional
$1.00 of Indebtedness pursuant to the first proviso of Section 4.03(a); or 
 (3) the aggregate amount of
such Restricted Payment and all other Restricted Payments since the Release Date permitted by the provisions described in this Section 4.04(a) and clauses (3), (8), (14) and (16) of Section 4.04(b) would exceed the sum of
(without duplication): 
  

 -70- 

 (A) 50% of the Consolidated Net Income accrued during the period (treated as
one accounting period) from April 1, 2010 to the end of the most recent fiscal quarter ended for which internal financial statements are available prior to the date of such Restricted Payment (or, in case such Consolidated Net Income shall be a
deficit, minus 100% of such deficit); plus 
 (B) the sum of (x) 100% of the aggregate Net Cash
Proceeds received by the Company from the issuance or sale of its Capital Stock subsequent to the Release Date (other than an issuance or sale to a Subsidiary of the Company and other than an issuance or sale to an employee stock ownership plan or
to a trust established by the Company or any of its Subsidiaries for the benefit of their employees), (y) 100% of the Fair Market Value of property constituting Additional Assets or Temporary Cash Investments received (including by way of
merger) by the Company, a Restricted Subsidiary or any direct or indirect parent of the Company to the extent such property is actually contributed to the Company subsequent to the Release Date in exchange for, or as a capital contribution in
respect of, Capital Stock of the Company (other than any such property received from a Subsidiary of the Company); provided, that if the Fair Market Value of any Additional Assets exceeds $25.0 million such Fair Market Value shall be
confirmed by an Independent Qualified Party, and (z) 100% of any cash capital contribution received by the Company from its shareholders subsequent to the Release Date; provided that this clause (B) shall not include the proceeds
from (V) Disqualified Stock, (W) Designated Preferred Stock, (X) Refunding Capital Stock, (Y) Excluded Contributions or (Z) net cash proceeds to the extent used to Incur Indebtedness, Disqualified Stock or Preferred Stock
pursuant to Section 4.03(b)(16); plus 
 (C) the amount by which Indebtedness of the Company Incurred
after the Release Date is reduced on the Company’s consolidated balance sheet upon the conversion or exchange subsequent to the Release Date of any Indebtedness of the Company or any Restricted Subsidiary convertible or exchangeable for Capital
Stock (other than Disqualified Stock) of the Company (less the amount of any cash, or the fair value of any other property, distributed by the Company upon such conversion or exchange); provided, however, that the foregoing amount
shall not exceed the Net Cash Proceeds received by the Company or any Restricted Subsidiary from the sale of such Indebtedness (excluding Net Cash Proceeds from sales to a Subsidiary of the Company or to an employee stock ownership plan or to a
trust established by the Company or any of its Subsidiaries for the benefit of their employees); plus 

(D) an amount equal to the sum of 100% of the cash and Fair Market Value of property other than cash received by the
Company or any Restricted Subsidiary (i) from dispositions, sales, liquidations, retirements, repurchases, repayments or redemptions of all or any portion of Investments (other than Permitted Investments) made by the Company or any Restricted
Subsidiary in any Person 
  

 -71- 

 
after the Release Date, (ii) the sale (other than to the Company or any Restricted Subsidiary) of the Capital Stock of an Unrestricted Subsidiary and (iii) to the extent such Person is
an Unrestricted Subsidiary, the Fair Market Value of the Company’s and its Restricted Subsidiaries’ Investment in such Unrestricted Subsidiary at the time such Unrestricted Subsidiary is designated a Restricted Subsidiary or is merged into
or consolidated or amalgamated with or into, or transfers or conveys its assets to, the Company or a Restricted Subsidiary of the Company (other than to the extent such Investment constituted a Permitted Investment); plus 

(E) in the event the Company or Restricted Subsidiary makes an Investment (other than a Permitted Investment) in a Person
that, as a result of or in connection with such Investment, becomes a Restricted Subsidiary, an amount equal to the Fair Market Value of the existing Investment (other than a Permitted Investment) in such Person that was previously treated as a
Restricted Payment. 
 (b) The provisions of Section 4.04(a) shall not prohibit: 

(1) any Restricted Payment made out of the Net Cash Proceeds of the substantially concurrent sale of, or made by exchange
for, Capital Stock of the Company or any direct or indirect parent of the Company to the extent contributed to the Company (other than Disqualified Stock and other than Capital Stock issued or sold to a Subsidiary of the Company or an employee stock
ownership plan or to a trust established by the Company or any of its Subsidiaries for the benefit of their employees) (“Refunding Capital Stock”); provided, however, that the Net Cash Proceeds from such sale or such cash
capital contribution (to the extent so used for such Restricted Payment) shall be excluded from the calculation of amounts under Section 4.04(a)(3)(B); 

(2) any purchase, repurchase, redemption, defeasance or other acquisition or retirement for value of Subordinated
Obligations of the Company or a Restricted Subsidiary made by exchange for, or out of the proceeds of the substantially concurrent Incurrence of, Refinancing Indebtedness of such Person which is permitted to be Incurred pursuant to
Section 4.03; 
 (3) dividends or distributions paid or the consummation of any irrevocable redemption
within 60 days after the date of declaration thereof or the giving of an irrevocable redemption notice related thereto as the case may be, if at such date of declaration or notice such dividend, distribution or redemption would have complied
with this Section 4.04; 
 (4)(x) the purchase, redemption or other acquisition of shares of Capital
Stock of the Company or any of its Subsidiaries or any direct or indirect parent of the Company from current, future or former employees, directors or consultants of the Company or any of its Subsidiaries or any direct or indirect parent of the
Company (or permitted transferees of such current, future or former employees, directors or consultants) and (y) dividends to Parent to be used by Parent to execute the transactions described in

  

 -72- 

 
clause (x); provided, however, that the aggregate amount of such Restricted Payments (excluding amounts representing cancellation of Indebtedness) shall not exceed the sum of
(A) $2.5 million in any fiscal year prior to a Qualified Equity Offering (and $5.0 million in any fiscal year following a Qualified Equity Offering); provided that any amount not so used in any fiscal year may be used in the next fiscal
year and that the aggregate amount used pursuant to this clause (A) shall not exceed $5.0 million prior to a Qualified Equity Offering (and $10.0 million in any fiscal year following a Qualified Equity Offering), (B) the Net Cash Proceeds
from the sale of Capital Stock to members of management, consultants, former consultants or directors of the Company and its Subsidiaries that occurs after the Release Date (to the extent the Net Cash Proceeds from the sale of such Capital Stock
have not otherwise been applied to the payment of Restricted Payments by virtue of clause (3)(B) of paragraph (a) above) and (C) the cash proceeds of any “key man” life insurance policies that are used to make such
repurchases; provided further, however, that the Net Cash Proceeds from such sale and pursuant to this clause (4) shall be excluded from the calculation of amounts under Section 4.04(a)(3)(B); 

(5) the declaration and payments of dividends on Disqualified Stock and Preferred Stock of Restricted Subsidiaries that
are not Subsidiary Guarantors issued pursuant to Section 4.03; provided, however, that, at the time of payment of such dividend, no Default shall have occurred and be continuing (or result therefrom); 

(6) repurchases of Capital Stock deemed to occur (i) upon exercise of stock options or warrants if such Capital Stock
represents all or a portion of the exercise price thereof of and (ii) in connection with the withholding of a portion of the Capital Stock granted or awarded to a director or an employee to pay for the taxes payable by such director or employee
upon such grant or award; 
 (7) cash payments in lieu of the issuance of fractional shares in connection with
the exercise of warrants, options or other securities convertible into or exchangeable for Capital Stock of the Company; provided, however, that any such cash payment shall not be for the purpose of evading the limitations of this
Section 4.04; 
 (8)(x) in the event of a Change of Control (or similarly defined term in other
Indebtedness), and if no Default shall have occurred and be continuing, the payment, purchase, redemption, defeasance or other acquisition or retirement of Subordinated Obligations of the Company or any Subsidiary Guarantor, in each case, at a
purchase price not greater than 101% of the principal amount or liquidation preference of such Subordinated Obligations, plus any accrued and unpaid interest or dividends thereon; provided, however, that prior to such payment,
purchase, redemption, defeasance or other acquisition or retirement, the Company (or a third party to the extent permitted by this Indenture) has made a Change of Control Offer with respect to the Securities as a result of such Change of Control (or
similarly defined term in other Indebtedness) and has repurchased all such Securities validly tendered and not withdrawn in connection with such Change of Control Offer; provided further, however, that such payments, purchases,
redemptions, defeasances or other acquisitions or retirements shall be included in the calculation of the amount of Restricted Payments; 
  

 -73- 

 (9) within 90 days after completion of any offer to repurchase Securities
pursuant to Section 4.06 (including the purchase of all Securities tendered), any repayment, repurchase, redemption, defeasance or other acquisition or retirement for value of any Subordinated Obligations of the Company or any Subsidiary
Guarantor that are required to be repurchased or redeemed pursuant to the terms thereof as a result of such Asset Sale (or similarly defined term in such other Indebtedness), at a purchase price not greater than 100% of the outstanding principal
amount or liquidation preference thereof (plus accrued and unpaid interest and liquidated damages, if any); 

(10) payments of intercompany Indebtedness, the Incurrence of which was permitted under Section 4.03(b)(2);

 (11) dividends or distributions to Parent (x) to be used by Parent solely to pay its fees required to
maintain its corporate existence and to pay for general corporate and overhead expenses (including salaries and other compensation of employees) Incurred by Parent in the ordinary course of its business; and (y) in amounts equal to amounts
required by Parent to pay interest and/or principal on Indebtedness the proceeds of which have been contributed to the Company or any of its Subsidiary Guarantors and that has been guaranteed by, or is otherwise considered Indebtedness of, the
Company Incurred in accordance with Section 4.03; 
 (12) dividends, distributions or advances to Parent to
be used by Parent to pay federal, state and local taxes payable by Parent and directly attributable to (or arising as a result of) the operations of the Company and the Restricted Subsidiaries and to the extent of the amount actually received from
its Unrestricted Subsidiaries in amounts required to pay taxes attributable to the income of such Unrestricted Subsidiaries; provided, however, that such dividends pursuant to this clause (12) are used by Parent for such purposes
within 10 days of the receipt of such dividends; 
 (13) the payment of dividends or distributions on the
Company’s common equity of up to 6.0% per calendar year of the net proceeds received by the Company from any public Equity Offering or contributed to the equity capital of the Company by Parent from any Qualified Equity Offering;

 (14) the distribution, as a dividend or otherwise, of shares of Capital Stock of, or Indebtedness owed to the
Company or a Restricted Subsidiary by, any Unrestricted Subsidiaries (other than Unrestricted Subsidiaries, the primary assets of which are cash and/or Temporary Cash Investments); 

(15) Restricted Payments that are made with Excluded Contributions; 

 

 -74- 

 (16) so long as no Default has occurred and is continuing, other Restricted
Payments in an aggregate amount, taken together with all other Restricted Payments made pursuant to this clause (16) since the Release Date not to exceed $25.0 million; 

(17) any Restricted Payment made in connection with the Emergence Transactions; 

(18) payments or distributions, in the nature of satisfaction of dissenters’ rights, pursuant to or in connection
with a consolidation, merger or transfer of assets that complies with Section 5.01 and 
 (19) the
declaration and payment of dividends or distributions (a) to holders of any class or series of Designated Preferred Stock of the Company (other than Disqualified Stock) issued after the Release Date and (b) to Parent or any other direct or
indirect parent of the Company, the proceeds of which will be used to fund the payment of dividends to holders of any class or series of Designated Preferred Stock (other than Disqualified Stock) of Parent or any other direct or indirect parent of
the Company issued after the Release Date; provided, however, that (x) for the most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date of issuance of such
Designated Preferred Stock, after giving effect to such issuance on a pro forma basis, the Company would have had a Consolidated Coverage Ratio of at least 2.00 to 1.00 and (y) the aggregate amount of dividends declared and paid
pursuant to this clause (19) does not exceed the net cash proceeds actually received by the Company from any such sale of Designated Preferred Stock (other than Disqualified Stock) issued after the Release Date. 

The amount of all Restricted Payments (other than those made in cash) will be the Fair Market Value on the date of the Restricted Payment
of the asset(s) or securities proposed to be transferred or issued by the Company or such Restricted Subsidiary, as the case may be, pursuant to this Section 4.04. 

(c) Notwithstanding Section 4.04(b)(16), prior to May 11, 2012, the Company shall not, and shall not permit any
of its Restricted Subsidiaries to, pay any cash dividend or make any cash distribution on, or in respect of, the Company’s Capital Stock or purchase for cash or otherwise acquire for cash any Capital Stock of the Company or any direct or
indirect parent of the Company for the purpose of paying any cash dividend or making any cash distribution to, or acquiring Capital Stock of any direct or indirect parent of the Company for cash from, the holders of any Capital Stock of any indirect
parent of the Company, or guarantee any Indebtedness of any Affiliate of the Company for the purpose of paying such dividend, making such distribution or so acquiring such Capital Stock to or from the holders of any Capital Stock of any indirect
parent of the Company, by means of the exception provided by Section 4.04(b)(16), if at the time and after giving effect to such payment, the Consolidated Foreign and Senior Secured Leverage Ratio of the Company would be greater than 2.50 to
1.00, except to the extent of purchases, redemptions or other acquisitions of Capital Stock of the type referred to in Section 4.04(b)(4). 
  

 -75- 

 SECTION 4.05. Limitation on Restrictions on Distributions from Restricted
Subsidiaries. After the Release Date, the Company shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability
of any Restricted Subsidiary (directly or indirectly) to (a) pay dividends or make any other distributions on its Capital Stock to the Company or a Restricted Subsidiary or pay any Indebtedness owed to the Company (it being understood that the
priority of any Preferred Stock in receiving dividends or liquidating distributions prior to dividends or liquidating distributions being paid on common stock shall not be deemed a restriction on the ability to make distributions on Capital Stock),
(b) make any loans or advances to the Company (it being understood that the subordination of loans or advances made to the Company or any Restricted Subsidiary to other Indebtedness Incurred by the Company or any Restricted Subsidiary shall not
be deemed a restriction on the ability to make loans or advances) or (c) transfer any of its property or assets to the Company, except: 

(1) with respect to clauses (a), (b) and (c): 

(A) any encumbrance or restriction pursuant to an agreement in effect at or entered into on the Release Date; 

(B) any encumbrance or restriction with respect to a Restricted Subsidiary or the property or assets acquired by the
Company or any of its Restricted Subsidiaries existing on or prior to the date on which such Restricted Subsidiary was acquired by the Company (other than Indebtedness Incurred as consideration in, or to provide all or any portion of the funds or
credit support utilized to consummate, the transaction or series of related transactions pursuant to which such Restricted Subsidiary became a Restricted Subsidiary or was acquired by the Company) and outstanding on such date and any amendments,
modification, restatements, renewals, extensions, increases, supplements, refunding, replacements or refinancing thereof; provided that the encumbrances and restrictions in any such amendments, modifications, restatements, renewals,
extensions, increases, supplements, refunding, replacements or refinancing are entered into in the ordinary course of business or not materially more restrictive, taken as a whole, than those contained in the Credit Agreement, this Indenture,
existing Indebtedness or such other agreements as in effect on the date of the acquisition; 
 (C) any
encumbrance or restriction pursuant to an agreement effecting a Refinancing of Indebtedness Incurred pursuant to an agreement referred to in Section 4.05(1)(A) or (B) or this clause (C) or contained in any amendment, modification,
restatement, renewal, extension, increase, supplement, refunding or replacement of an agreement referred to in Section 4.05(1)(A) or (B) or this clause (C); provided, however, that the encumbrances and restrictions with
respect to such Restricted Subsidiary contained in any such refinancing agreement or amendment, modification, restatement, renewal, extension, increase, supplement, refunding or replacement are not materially more restrictive on the whole to the
Securityholders than encumbrances and restrictions with respect to such Restricted Subsidiary contained in such predecessor agreements on the Release Date; 
  

 -76- 

 (D) existing under, by reason of or with respect to Refinancing
Indebtedness; provided that the encumbrances and restrictions contained in the agreements governing such Refinancing Indebtedness are not materially more restrictive, taken as a whole, than those contained in the agreements governing the
Indebtedness being refinanced; 
 (E) provisions restricting cash or other deposits or net worth imposed by
customers under contracts entered into in the ordinary course of business; 
 (F) existing under, by reason of or
with respect to customary provisions contained in leases or licenses of intellectual property and other agreements, in each case, entered into in the ordinary course of business; 

(G) agreements entered into between a Foreign Subsidiary and another Foreign Subsidiary which second Foreign Subsidiary is
not a Subsidiary of the first Foreign Subsidiary to the extent such agreements relate solely to such Foreign Subsidiaries and do not affect in any material respect the Company’s or any Subsidiary Guarantor’s ability to make principal and
interest payments on the Securities, as determined in good faith by the Company; 
 (H) any encumbrance or
restriction with respect to a Restricted Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of some or all of the Capital Stock or any property and assets of such Restricted Subsidiary pending the closing of such
sale or disposition; 
 (I) with respect to any Foreign Subsidiary, any encumbrance or restriction contained in
the terms of any Indebtedness permitted to be Incurred under this Indenture, or any agreement pursuant to which such Indebtedness was issued; 

(J) restrictions or conditions, governing any Indebtedness Incurred in connection with Permitted Securitizations that were
permitted under Section 4.03(b)(13) if such restrictions or conditions apply only to the Receivables and the Related Assets that are the subject of the Permitted Securitization, and restrictions or conditions imposed on any SPE Subsidiary in
connection with any Permitted Securitization; 
 (K) provisions limiting the disposition or distribution of
assets or property or transfer of Capital Stock in joint venture agreements, asset sale agreements, sale-leaseback agreements, stock sale agreements, limited liability company organizational documents, and other similar agreements entered into in
the ordinary course of business, consistent with past practice or with the approval of the Company’s Board of Directors, which limitation is applicable only to the assets, property or Capital Stock that are the subject of such agreements;

  

 -77- 

 (L) restrictions on cash, Temporary Cash Investment or other deposits or net
worth imposed by customers or lessors under contracts or leases entered into in the ordinary course of business; 

(M) customary provisions in joint venture agreements, operating or similar agreements, asset sale agreements and stock
sale agreements arising in connection with the entering into of such transactions; 
 (N) any restriction arising
under applicable law, rule, regulation or administrative or court order; 
 (O) any encumbrance or restriction
existing under or by reason of the Credit Facilities; and 
 (P) Indebtedness of a Restricted Subsidiary not
prohibited to be Incurred under this Indenture; provided that (a) such encumbrances or restrictions are ordinary and customary in light of the type of Indebtedness being Incurred and the jurisdiction of the obligor and (b) such
encumbrances or restrictions will not affect in any material respect the Company’s or any Subsidiary Guarantor’s ability to make principal and interest payments on the Securities, as determined in good faith by the Company; 

(2) with respect to clause (c) only: 

(A) any encumbrance or restriction consisting of customary nonassignment provisions in leases governing leasehold
interests to the extent such provisions restrict the transfer of the lease or the property leased thereunder; 

(B) any encumbrance or restriction existing by virtue of any transfer of, agreement to transfer, option or right with
respect to, or Lien on, any property or assets of the Company or any Restricted Subsidiary thereof not otherwise prohibited by the indenture; 

(C) any encumbrance or restriction existing under, by reason of or with respect to (i) purchase money obligations for
property acquired in the ordinary course of business or (ii) capital leases or operating leases that impose encumbrances or restrictions on the property so acquired or covered thereby; 

(D) any encumbrance or restriction arising or agreed to in the ordinary course of business, not relating to any
Indebtedness, and that do not, individually or in the aggregate, detract from the value of property or assets of the Company or any Restricted Subsidiary thereof in any manner material to the Company or any restricted Subsidiary thereof; 

 

 -78- 

 (E) any encumbrance or restriction contained in security agreements or
mortgages securing Indebtedness of a Restricted Subsidiary to the extent such encumbrance or restriction restricts the transfer of the property subject to such security agreements or mortgages; 

(F) non-assignment provisions or subletting restrictions in contracts, leases and licenses entered into in the ordinary
course of business; 
 (G) encumbrances on property that exist at the time the property was acquired by the
Company or a Restricted Subsidiary, provided such encumbrances were not put in place in anticipation of such acquisition; 

(H) customary provisions in asset sale agreements and stock sale agreements arising in connection with the entering into
of such transactions; and 
 (3) any encumbrances or restrictions of the type referred to in clauses (a),
(b) and (c) above imposed by any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in paragraphs (1) and
(2) above; provided that such amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings (other than with respect to the Credit Facilities) are, in the good faith judgment of the
Company, no more restrictive on the whole with respect to such dividend and other payment restrictions than those contained in the dividend or other payment restrictions prior to such amendment, modification, restatement, renewal, increase,
supplement, refunding, replacement or refinancing. 
 SECTION 4.06. Limitation on Sales of Assets and Subsidiary Stock.

 From and after the Release Date: 

(a) The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Sale (in one or
more related transactions), unless: 
 (1) the Company or such Restricted Subsidiary receives consideration at
the time of such Asset Sale at least equal to the Fair Market Value (including as to the value of all non-cash consideration) of the shares and assets subject to such Asset Sale; 

(2) at least 75% of the consideration therefor received by the Company or such Restricted Subsidiary, as the case may be,
is in the form of cash, Temporary Cash Investments or Additional Assets; provided that the following shall be deemed to be cash or Temporary Cash Investments for purposes of this provision and for no other purpose: 

(A) any liabilities (as shown on the Company’s, or such Restricted Subsidiary’s, most recent balance sheet or in
the notes thereto) of the Company or any Restricted Subsidiary other than liabilities that are by their terms subordinated 
  

 -79- 

 
to the Securities, that are assumed by the transferee of any such assets and for which the Company and all Restricted Subsidiaries have been validly released by all creditors in writing; and

 (B) any securities, notes or other similar obligations received by the Company or such Restricted Subsidiary
from such transferee that are converted by the Company or such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days following the closing of such Asset Sale; provided that the aggregate Fair Market Value
of all such other assets received and not yet converted into cash shall not, at any one time when taken together with the aggregate amount of Designated Non-cash Consideration received pursuant to clause (C) below, exceed the greater of $50.0
million and 2.5% of Total Assets; and 
 (C) any Designated Non-cash Consideration received by the Company or
such Restricted Subsidiary in such Asset Sale having an aggregate fair market value, taken together with all other Designated Non-cash Consideration received pursuant to this clause (C) that is at that time outstanding, not to exceed the
greater of (i) $50.0 million and (ii) 2.5% of Total Assets at the time of the receipt of such Designated Non-cash Consideration, with the fair market value of each item of Designated Non-cash Consideration being measured at the time
received and without giving effect to subsequent changes in value; and 
 (3) an amount equal to 100% of the Net
Available Cash from such Asset Sale is applied by the Company (or such Restricted Subsidiary, as the case may be) : 

(A) to the extent the Company elects (or is required by the terms of any Indebtedness), to prepay, repay, redeem or
purchase Indebtedness under the Credit Agreement of the Company or Indebtedness (other than any Disqualified Stock) of a Restricted Subsidiary that is not a Guarantor (in each case other than Indebtedness owed to the Company or an Affiliate of the
Company) within one year from the later of the date of such Asset Sale or the receipt of such Net Available Cash; 

(B) to the extent the Company elects, to acquire Additional Assets within one year from the later of the date of such
Asset Sale or the receipt of such Net Available Cash; provided that a binding commitment entered into not later than 365 days after the Asset Sale that generated the Net Available Cash shall be treated as a permitted application of the Net
Available Cash from the date of such commitment so long as the Company or a Restricted Subsidiary enters into such commitment with the good faith expectation that such Net Available Cash will be applied to satisfy such commitment within 120 days of
such commitment; provided, further, that if such commitment is later terminated or cancelled prior to the application of such Net Available Cash, then such Net Available Cash shall constitute “Excess Proceeds”; and

  

 -80- 

 (C) to the extent the Company elects, to make an offer to the applicable
Securityholders (and to holders of pari passu Indebtedness of the Company) to purchase Securities (and such other pari passu Indebtedness of the Company) within one year from the later of the date of such Asset Sale or receipt of such
Net Available Cash pursuant to and subject to the conditions contained in this Indenture; 
 provided, however, that in connection
with any prepayment, repayment or purchase of Indebtedness pursuant to clause (A) or (C) above, the Company or such Restricted Subsidiary shall permanently retire such Indebtedness and shall cause the related loan commitment (if any) to be
permanently reduced in an amount equal to the principal amount so prepaid, repaid or purchased. 
 Any Net Available Cash from
Asset Sales that are not applied or invested as provided in the first paragraph of this Section 4.06 within the time periods set forth above in this Section 4.06, shall be used for the purpose contemplated in Section 4.06(a)(3)(C).
Notwithstanding the foregoing provisions of this Section 4.06, the Company and the Restricted Subsidiaries will not be required to apply any Net Available Cash in accordance with this Section 4.06 except to the extent that the aggregate
Net Available Cash from all Asset Sales which is not otherwise applied in accordance with this Section 4.06 exceeds $20.0 million. Pending application of Net Available Cash pursuant to this Section 4.06, such Net Available Cash may be
invested in Temporary Cash Investments or applied to temporarily reduce revolving credit indebtedness. 
 (b) In the event of an
Asset Sale that requires the purchase of Securities (and other pari passu Indebtedness of the Company) pursuant to Section 4.06(a)(3)(C), the Company shall purchase Securities tendered pursuant to an offer by the Company for the
Securities (and such other pari passu Indebtedness of the Company) (the “Offer”) at a purchase price of 100% of their principal amount (or, in the event such other pari passu Indebtedness of the Company was
issued with significant original issue discount, 100% of the accreted value thereof) without premium, plus accrued but unpaid interest (or, in respect of such other pari passu Indebtedness of the Company, such lesser price, if any, as
may be provided for by the terms of such pari passu Indebtedness of the Company) in accordance with the procedures (including prorating in the event of oversubscription) set forth in Section 4.06(c). If the aggregate purchase
price of the securities tendered exceeds the Net Available Cash allotted to their purchase, the Company shall select the securities to be purchased on a pro rata basis but in round denominations, which in the case of the Securities
will be denominations of $2,000 principal amount or multiples thereof. The Company shall not be required to make an Offer to purchase Securities (and other pari passu Indebtedness of the Company) pursuant to this Section 4.06 if
the Net Available Cash available therefor is less than $20.0 million (which lesser amount shall be carried forward for purposes of determining whether such an Offer is required with respect to the Net Available Cash from any subsequent Asset Sale).
Upon completion of such an Offer, Net Available Cash shall be deemed to be reduced by the aggregate amount of such Offer. 

(c)(1) Promptly, and in any event within 10 days after the Company becomes obligated to make an Offer, the Company shall deliver to
the Trustee and send, by first-class mail to each Holder, a written notice stating that the Holder may elect to have his Securities 

 

 -81- 

 
purchased by the Company either in whole or in part (subject to prorating as described in Section 4.06(b) in the event the Offer is oversubscribed) in integral multiples of $2,000 of
principal amount, at the applicable purchase price. The notice shall specify a purchase date not less than 30 days nor more than 60 days after the date of such notice (the “Purchase Date”) and shall contain the most recently filed
Annual Report on Form 10-K (including audited consolidated financial statements) of the Company, the most recent subsequently filed Quarterly Report on Form 10-Q and any Current Report on Form 8-K of the Company filed subsequent to
such Quarterly Report, other than Current Reports describing Asset Sales otherwise described in the offering materials (or corresponding successor reports), in each case, to the extent not publicly available and all instructions and materials
necessary to tender Securities pursuant to the Offer, together with the information contained in clause (3) below. 
 (2)
Not later than the date upon which written notice of an Offer is delivered to the Trustee as provided below, the Company shall deliver to the Trustee an Officer’s Certificate as to (A) the amount of the Offer (the “Offer
Amount”), including information as to any other pari passu Indebtedness included in the Offer, (B) the allocation of the Net Available Cash from the Asset Sale pursuant to which such Offer is being made and (C) the
compliance of such allocation with the provisions of Sections 4.06(a) and (b). On such date, the Company shall also irrevocably deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and
hold in trust) in Temporary Cash Investments, maturing on the last day prior to the Purchase Date or on the Purchase Date if funds are immediately available by open of business, an amount equal to the Offer Amount to be held for payment in
accordance with the provisions of this Section. If the Offer includes other pari passu Indebtedness, the deposit described in the preceding sentence may be made with any other paying agent pursuant to arrangements satisfactory to the
Trustee. Upon the expiration of the period for which the Offer remains open (the “Offer Period”), the Company shall deliver to the Trustee for cancellation the Securities or portions thereof which have been properly tendered to and are to
be accepted by the Company. The Trustee shall, on the Purchase Date, mail or deliver payment (or cause the delivery of payment) to each tendering Holder in the amount of the purchase price. In the event that the aggregate purchase price of the
Securities delivered by the Company to the Trustee is less than the Offer Amount applicable to the Securities, the Trustee shall deliver the excess to the Company immediately after the expiration of the Offer Period for application in accordance
with this Section 4.06. 
 (3) Holders electing to have a Security purchased shall be required to surrender the Security,
with an appropriate form duly completed, to the Company at the address specified in the notice at least three Business Days prior to the Purchase Date. Holders shall be entitled to withdraw their election if the Trustee or the Company receives not
later than one Business Day prior to the Purchase Date, a telex, facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Security which was delivered for purchase by the Holder and a statement that such
Holder is withdrawing his election to have such Security purchased. Holders whose Securities are purchased only in part shall be issued new Securities equal in principal amount to the unpurchased portion of the Securities surrendered. 

 

 -82- 

 (4) At the time the Company delivers Securities to the Trustee which are to be accepted for
purchase, the Company shall also deliver an Officer’s Certificate stating that such Securities are to be accepted by the Company pursuant to and in accordance with the terms of this Section. A Security shall be deemed to have been accepted for
purchase at the time the Trustee, directly or through an agent, mails or delivers payment therefor to the surrendering Holder. 

(d) The Company shall comply, to the extent applicable, with the requirements of Section 14(e) of the Exchange Act and any other
securities laws or regulations thereunder to the extent those laws or regulations are applicable in connection with any repurchase of Securities pursuant to this Section 4.06. To the extent that the provisions of any securities laws or
regulations conflict with provisions of this Section 4.06, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.06 by virtue of its
compliance with such securities laws or regulations. 
 SECTION 4.07. Limitation on Affiliate Transactions. 

After the Release Date: 

(a) The Company shall not, and shall not permit any Restricted Subsidiary to, enter into or permit to exist any transaction or series of
related transactions (including the purchase, sale, lease or exchange of any property, employee compensation arrangements or the rendering of any service) with, or for the benefit of, any Affiliate of the Company (an “Affiliate
Transaction”) involving aggregate consideration in excess of $1.0 million, either directly or indirectly, unless: 

(1) the terms of the Affiliate Transaction are no less favorable to the Company or such Restricted Subsidiary, taken as a
whole, than those that could be obtained at the time of the Affiliate Transaction in arm’s-length dealings with a Person who is not an Affiliate; and 

(2) if such Affiliate Transaction involves an amount in excess of $15.0 million, the terms of the Affiliate
Transaction are set forth in writing and a majority of the non-employee directors of the Company disinterested with respect to such Affiliate Transaction have determined in good faith that the criteria set forth in clause (1) are satisfied
and have approved the relevant Affiliate Transaction as evidenced by a resolution of the Board of Directors of the Company; and 

(3) if such Affiliate Transaction involves an amount in excess of $30.0 million, the Board of Directors of the Company
shall also have received a written opinion from an Independent Qualified Party to the effect that such Affiliate Transaction is fair, from a financial standpoint, to the Company and its Restricted Subsidiaries or is not less favorable to the Company
and its Restricted Subsidiaries than could reasonably be expected to be obtained at the time in an arm’s-length transaction with a Person who was not an Affiliate. 
  

 -83- 

 (b) The provisions of Section 4.07(a) shall not prohibit: 

(1) any Permitted Investment or Restricted Payment permitted to be made pursuant to Section 4.04; 

(2) any payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment
arrangements, employee benefit plans, stock options and stock ownership plans in the ordinary course of business or consistent with past practice; 

(3) loans or advances to employees in the ordinary course of business in accordance with the past practices of the Company
or its Restricted Subsidiaries, but in any event not to exceed $5.0 million in the aggregate outstanding at any one time; 

(4) the payment of reasonable fees to and indemnity provided on behalf of directors, officers, employees and consultants
of the Company and its Restricted Subsidiaries who are not employees of the Company or its Restricted Subsidiaries in the ordinary course of business; 

(5) any transaction with the Company, a Restricted Subsidiary or joint venture or similar entity which would constitute an
Affiliate Transaction solely because the Company or a Restricted Subsidiary owns an equity interest in or otherwise controls such Restricted Subsidiary, joint venture or similar entity; 

(6) the issuance or sale of any Capital Stock (other than Disqualified Stock) of the Company and the granting and
performance of registration rights; 
 (7) pledges of Capital Stock of Unrestricted Subsidiaries for the benefit
of lenders of Unrestricted Subsidiaries; 
 (8) any agreement as in effect on the Release Date and described in
the Offering Memorandum or any renewals or extensions of any such agreement (so long as such renewals or extensions, taken as a whole, are not less favorable to the Company or the Restricted Subsidiaries) and the transactions evidenced thereby; and

 (9) the Emergence Transactions, including the payment of fees and expenses in connection therewith.

 SECTION 4.08. Activities of Escrow Issuer Prior to the Release Date and Assumption. Prior to the Release Date and the
Assumption, the Company will be a limited purpose corporation whose primary activities are restricted to issuing the Securities, issuing capital stock to, and receiving capital contributions from, its direct or indirect parent, performing its
obligations in respect of the Securities under this Indenture and the Escrow Agreement, and consummating the Assumption and redeeming the Securities in connection with any Special Mandatory Redemption, and conducting such other activities as are
necessary or appropriate to carry out the activities described above. Prior to the Assumption, the Company will not issue any debt other than the Securities or own, hold or otherwise have any interest in any assets other than the Escrow Account and
the Escrow Proceeds therein. 
  

 -84- 

 SECTION 4.09. Change of Control. 

(a) Upon the occurrence of a Change of Control after the Release Date, unless the Company has exercised its right to
redeem all of the outstanding Securities pursuant to section 5 of the Securities, each Holder shall have the right to require that the Company purchase such Holder’s Securities at a purchase price in cash equal to 101% of the principal amount
thereof on the date of purchase plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of the Holders of record on the relevant record date to receive interest due on the relevant interest payment date), in
accordance with the terms contemplated in Section 4.09(b). 
 (b) Within 30 days following any Change of Control (or prior
to the Change of Control if a definitive agreement is in place for the Change of Control), the Company will send a notice to each Holder electronically or by first-class mail at its registered address or otherwise in accordance with the procedures
of DTC with a copy to the Trustee (the “Change of Control Offer”) stating: 
 (1) that a Change of
Control has occurred and that such Holder has the right to require the Company to purchase such Holder’s Securities that will remain outstanding after giving effect to any redemption of the Securities that the Company has elected to make
pursuant to section 5 of the Securities at a purchase price in cash equal to 101% of the principal amount thereof on the date of purchase, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of Holders of record
on the relevant record date to receive interest on the relevant interest payment date); 
 (2) the circumstances
and relevant facts regarding such Change of Control; 
 (3) the purchase date (which shall be no earlier than 30
days nor later than 60 days from the date such notice is sent); and 
 (4) the instructions, as determined by the
Company, consistent with this Section 4.09, that a Holder must follow in order to have its Securities purchased. 
 (c)
Holders electing to have a Security purchased will be required to surrender the Security, with an appropriate form duly completed, to the Company at the address specified in the notice at least three Business Days prior to the purchase date. Holders
will be entitled to withdraw their election if the Trustee or the Company receives not later than one Business Day prior to the purchase date, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the principal
amount of the Security which was delivered for purchase by the Holder and a statement that such Holder is withdrawing his election to have such Security purchased. 

 

 -85- 

 (d) On the purchase date, all Securities purchased by the Company under this Section shall
be delivered by the Company to the Trustee for cancellation, and the Company shall pay the purchase price plus accrued and unpaid interest, if any, to the Holders entitled thereto. 

(e) Notwithstanding the foregoing provisions of this Section 4.09, the Company shall not be required to make a Change of Control
Offer following a Change of Control if (1) a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Indenture applicable to a Change of Control Offer made by
the Company and purchases all the Securities validly tendered and not withdrawn under such Change of Control Offer or (2) a notice of redemption has been given for all of the Securities pursuant to section 5 of the Securities, unless and until
there is a default in payment of the applicable redemption price. Notwithstanding anything to the contrary contained herein, a Change of Control Offer may be made in advance of a Change of Control, subject to one or more conditions precedent,
including but not limited to the consummation of such Change of Control, if a definitive agreement is in place for the Change of Control at the time the Change of Control offer is made. 

(f) The Company shall comply, to the extent applicable, with the requirements of Section 14(e) of the Exchange Act and any other
securities laws or regulations in connection with any repurchase of Securities pursuant to this Section 4.09. To the extent that the provisions of any securities laws or regulations conflict with the provisions of this Section 4.09, the
Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.09 by virtue of its compliance with such securities laws or regulations. 

SECTION 4.10. Future Guarantors. From and after the Release Date, if the Company or any of its Restricted Subsidiaries acquires or
creates another Wholly Owned Domestic Subsidiary (other than an Excluded Subsidiary) that is a Wholly Owned Restricted Subsidiary and such Subsidiary becomes a guarantor with respect to the Credit Agreement or other capital markets (including
syndicated loan) Indebtedness of the Company or a Guarantor, then promptly after the date of such acquisition or creation, the Company will cause such Subsidiary to execute and deliver to the Trustee a supplemental indenture substantially in the
form of Exhibit D attached hereto. In addition, in the event that any Restricted Subsidiary that is an Excluded Subsidiary ceases to be an Excluded Subsidiary, then such Restricted Subsidiary must become a Subsidiary Guarantor and execute and
deliver to the Trustee a supplemental indenture substantially in the form of Exhibit D attached hereto within 60 days of the date of such event. 

SECTION 4.11. Compliance Certificate. The Company shall deliver to the Trustee within 120 days after the end of each fiscal
year of the Company an Officer’s Certificate stating that in the course of the performance by the signers of their duties as Officers of the Company they would normally have knowledge of any Default and whether or not the signers know of any
Default that occurred during such period. If they do, the certificate shall describe the Default, its status and what action the Company is taking or proposes to take with respect thereto. The Company also shall comply with Trust Indenture Act
§ 314(a)(4). 
  

 -86- 

 SECTION 4.12. Further Instruments and Acts. Upon request of the Trustee, the Company
shall execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture. 

SECTION 4.13. Limitation on Liens. After the Release Date, the Company shall not, and shall not permit any Restricted Subsidiary
to, directly or indirectly, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien (other than Permitted Liens) on any of its property or assets (including Capital Stock of any other Person), whether owned on the
Release Date or thereafter acquired, securing any Indebtedness (the “Initial Lien”) unless contemporaneously therewith effective provision is made to secure the Securities or, in respect of Liens on any Restricted Subsidiary’s
property or assets, any Subsidiary Guaranty of the Securities of such Restricted Subsidiary, equally and ratably with (or on a senior basis to, in the case of Subordinated Obligations) such obligation for so long as such obligation is so secured by
such Initial Lien. Any such Lien thereby created in favor of the Securities or any such Subsidiary Guaranty will be automatically and unconditionally released and discharged upon (i) the release and discharge of the Initial Lien to which it
related or (ii) any sale, exchange or transfer (other than a transfer constituting a transfer of all or substantially all of the assets of the Company that is governed by Section 5.01) to any Person not an Affiliate of the Company of the
property or assets secured by such Initial Lien, or of all of the Capital Stock held by the Company or any Restricted Subsidiary in, or all or substantially all the assets of, any Restricted Subsidiary creating such Initial Lien. 

SECTION 4.14. Escrow of Proceeds. The proceeds from the offering of the Securities will be placed in escrow until the approval and
the effectiveness of the Reorganization Plan in accordance with its terms. The terms of the escrow will be set forth in the Escrow Agreement, pursuant to which the Escrow Issuer will deposit with the Escrow Agent on the Issue Date the proceeds from
the offering of the Securities and Cooper-Standard will deposit on the Issue Date sufficient cash or Temporary Cash Investments (solely with respect to instruments or investments satisfying clause (1), (2) or (3) of the definition in this
Indenture, and in each case, maturing no later than the Escrow End Date) and other Escrow Investments, in an amount sufficient to redeem, for cash, the Securities at the Special Mandatory Redemption Price (collectively, the “Escrow
Proceeds”). The Escrow Agent will grant the Trustee, for the benefit of the Securityholders, a first priority security interest in the escrow account and all deposits therein to secure the Special Mandatory Redemption. 

Prior to the release of the Escrow Proceeds (either on the Release Date or in connection with the Special Mandatory Redemption), the
Securities will be secured by a pledge of the Escrow Proceeds. 
 The Company shall only be entitled to direct the Escrow Agent
to release to it the Escrow Proceeds upon satisfaction of the conditions set forth in form of Officer’s Certificate included as Exhibit A to the Escrow Agreement, which shall be certified in writing by the Company in an Officer’s
Certificate delivered to the Escrow Agent contemporaneously with the release of the Escrow Proceeds on or prior to the Escrow End Date (such date, the “Release Date”). 

 

 -87- 

 To the extent the Company or any Restricted Subsidiary has Incurred Indebtedness (treating
Indebtedness not discharged pursuant to the Reorganization Plan and remaining outstanding on the Release Date as having been Incurred as of the Release Date), made any Restricted Payments, consummated any Asset Sale or otherwise taken any action or
engaged in any activities during the period beginning on the Issue Date and ending on the Release Date, such actions and activities shall be treated and classified under this Indenture (including but not limited to impacting relevant baskets and
determining whether a Default or Event of Default would have occurred as of the Release Date), as if this Indenture and the covenants set forth herein had applied to the Company and the Restricted Subsidiaries during such period. For purposes of the
foregoing, (i) the Company shall be deemed to have been the direct or indirect owner of the Restricted Subsidiaries and the Company shall be deemed to have been the direct or indirect owner of all of the Domestic Subsidiaries of the Company for
all relevant periods and (ii) all Subsidiaries of the Company shall be deemed to be Restricted Subsidiaries for the period from the Issue Date through the Release Date. The foregoing will not prevent the consummation of the Rights Offering
prior to the Release Date. 
 SECTION 4.15. Covenant Suspension. If on any date following the Release Date, (i) the
Securities have an Investment Grade Rating from both of the Rating Agencies and (ii) no Default has occurred and is continuing, then beginning on that date and continuing until the Reversion Date (the occurrence of the events described in the
foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and the Restricted Subsidiaries will cease to be subject to Sections 4.03, 4.04, 4.05, 4.06, 4.07 and 5.01(a)(3) (the
“Suspended Covenants”). 
 If on any date subsequent to a Covenant Suspension Event (the “Reversion Date”)
one or both of the Rating Agencies (a) withdraw their Investment Grade Rating or downgrade the rating assigned to the Securities below an Investment Grade Rating and/or (b) the Company or any of its Affiliates enters into an agreement to
effect a transaction and one or both of the Rating Agencies indicate that if consummated, such transaction (alone or together with any related recapitalization or refinancing transaction) would cause such Rating Agency to withdraw its Investment
Grade Rating or downgrade the Securities below an Investment Grade Rating, in either case, then the Company and the Restricted Subsidiaries will thereafter again be subject to the Suspended Covenants under this Indenture with respect to future
events and the Subsidiary Guarantees will be reinstated. The period of time between the Covenant Suspension Event and the Reversion Date is referred to as the “Suspension Period.” Notwithstanding that the Suspended Covenants may be
reinstated, no default will be deemed to have occurred as a result of a failure to comply with the Suspended Covenants during the Suspension Period. 

On each Reversion Date, all Indebtedness Incurred during the Suspension Period shall be classified to have been Incurred pursuant to
Section 4.03(b)(4). Calculations made after the Reversion Date of the amount available to be made as Restricted Payments under Section 4.04 shall be made as though Section 4.04 had been in effect prior to, but not during, the
Suspension Period. During any Suspension Period no Subsidiaries shall be declared Unrestricted Subsidiaries. 
  

 -88- 

 ARTICLE 5  

Successor Company 

SECTION 5.01. When Company May Merge or Transfer Assets. 

After the Release Date: 

(a) The Company shall not consolidate with or merge with or into, or convey, transfer or lease, in one transaction or a series of related
transactions, directly or indirectly, all or substantially all its assets to, any Person, unless: 
 (1) the
resulting, surviving or transferee Person (the “Successor Company”) shall be a Person organized and existing under the laws of the United States of America, any State thereof or the District of Columbia and such Successor Company (if not
the Company) shall expressly assume, by an indenture supplemental thereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations of the Company under the Securities and this Indenture; 

(2) immediately after giving pro forma effect to such transaction (and treating any Indebtedness which
becomes an obligation of such Successor Company or any Subsidiary as a result of such transaction as having been Incurred by such Successor Company or such Subsidiary at the time of such transaction), no Default shall have occurred and be
continuing; 
 (3) immediately after giving pro forma effect to such transaction, either
(a) the Successor Company would be able to Incur an additional $1.00 of Indebtedness pursuant to the first proviso of Section 4.03(a) or pursuant to Section 4.03(b) the Consolidated Coverage Ratio for the Successor Company would
not be less than immediately prior to such transaction; 
 (4) each Guarantor shall have by supplemental
indenture confirmed that its Guarantee shall apply to each such Person’s Obligation under this Indenture and the Securities; and 

(5) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating
that such consolidation, merger or transfer and such supplemental indenture (if any) comply with this Indenture; 
 provided,
however, that clauses (2) and (3) will not be applicable to (A) a Restricted Subsidiary consolidating with, merging into or transferring all or part of its properties and assets to the Company (so long as no Capital Stock of
the Company or the Successor Company (if not the Company) is distributed to any Person) or (B) the Company merging with an Affiliate of the Company solely for the purpose and with the sole effect of reincorporating the Company in another
jurisdiction. 
  

 -89- 

 For purposes of this Section 5.01, the sale, lease, conveyance, assignment, transfer or
other disposition of all or substantially all of the properties and assets of one or more Subsidiaries of the Company, which properties and assets, if held by the Company instead of such Subsidiaries, would constitute all or substantially all of the
properties and assets of the Company on a consolidated basis, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company. 

The Successor Company shall be the successor to the Company and shall succeed to, and be substituted for, and may exercise every right
and power of, the Company under this Indenture, and the predecessor Company, except in the case of a lease, shall be released from the obligation to pay the principal of and interest on the Securities. 

Notwithstanding the foregoing, the Assumption and related transactions shall be permitted under this Indenture. 

(b) The Company shall not permit any Subsidiary Guarantor to consolidate with or merge with or into, or convey, transfer or lease, in one
transaction or series of transactions, all or substantially all of its assets to any Person unless: 
 (1) except
in the case of a Subsidiary Guarantor (x) that has been disposed of in its entirety to another Person (other than to the Company or an Affiliate of the Company), whether through a merger, consolidation or sale of Capital Stock or assets or
(y) that, as a result of the disposition of all or a portion of its Capital Stock, ceases to be a Subsidiary, the resulting, surviving or transferee Person (if not such Subsidiary) shall be a Person organized and existing under the laws of the
jurisdiction under which such Subsidiary was organized or under the laws of the United States of America, or any State thereof or the District of Columbia, and such Person shall expressly assume, by a Guaranty Agreement, in a form satisfactory to
the Trustee, all the obligations of such Subsidiary, if any, under its Subsidiary Guaranty and this Indenture; 

(2) immediately after giving effect to such transaction or transactions on a pro forma basis (and treating any
Indebtedness which becomes an obligation of the resulting, surviving or transferee Person as a result of such transaction as having been issued by such Person at the time of such transaction), no Event of Default shall have occurred and be
continuing; and 
 (3) the Company delivers to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that such consolidation, merger or transfer and such Guaranty Agreement, if any, complies with this Indenture. 

Notwithstanding the foregoing, any Subsidiary Guarantor may (i) merge into or transfer all or part of its properties and assets to
another Subsidiary Guarantor or the Company, (ii) merge with an Affiliate of the Company solely for the purpose of reincorporating the Subsidiary Guarantor in the United States, any state thereof, the District of Columbia or any territory
thereof or (iii) convert into a corporation, partnership, limited partnership, limited liability company or trust organized under the laws of the jurisdiction of organization of such Subsidiary Guarantor, in each case without regard to the
requirements set forth in the preceding paragraph. 
  

 -90- 

 (c) So long as the Parent Guaranty is in effect, Parent shall not merge with or into, or
convey, transfer or lease, in one transaction or a series of transactions, all or substantially all of its assets to any Person unless: 

(1) the resulting, surviving or transferee Person (if not Parent) shall be a Person organized and existing under the laws
of the jurisdiction under which Parent was organized or under the laws of the United States of America, or any State thereof or the District of Columbia, and such Person shall expressly assume all the obligations of Parent, if any, under the Parent
Guaranty; and 
 (2) the Company delivers to the Trustee an Officer’s Certificate and an Opinion of Counsel,
each stating that such consolidation, merger or transfer and such Guaranty Agreement, if any, complies with this Indenture. 

ARTICLE 6  

Defaults and Remedies 

SECTION 6.01. Events of Default. An “Event of Default” occurs if: 

(1) the Company defaults in any payment of interest on any Security when the same becomes due and payable and such default
continues for a period of 30 days; 
 (2) the Company defaults in the payment of the principal of any Security
when the same becomes due and payable at its Stated Maturity, upon optional redemption, upon Special Mandatory Redemption, upon other required purchase, upon declaration of acceleration or otherwise; 

(3) the Company or Parent fails to comply with Section 5.01; 

(4) the Company or any Significant Subsidiary fails to comply with its other agreements contained in this Indenture (other
than a default referred to in clauses (1) and (2) above) and such failure continues for 60 days after the notice specified below; 

(5) Indebtedness of the Company or any Significant Subsidiary (other than Indebtedness owing to the Company or any
Restricted Subsidiary) is not paid within any applicable grace period after its final stated maturity or is accelerated, or in the case of a Permitted Securitization, terminated (except voluntary termination), by the holders thereof because of a
default and the total amount of such Indebtedness unpaid or accelerated, or terminated in the case of a Permitted Securitization, exceeds $20.0 million (the “cross-acceleration provision”); 

 

 -91- 

 (6) After the Release Date, Parent (so long as the Parent Guaranty is in
effect), the Company or any Significant Subsidiary pursuant to or within the meaning of any Bankruptcy Law: 

(A) commences a voluntary case; 

(B) consents to the entry of an order for relief against it in an involuntary case; 

(C) consents to the appointment of a Bankruptcy Custodian of it or for any substantial part of its property; or

 (D) makes a general assignment for the benefit of its creditors; 

or takes any comparable action under any foreign laws relating to insolvency; 

(7) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(A) is for relief against Parent (so long as the Parent Guaranty is in effect), the Company or any Significant Subsidiary
in an involuntary case; 
 (B) appoints a Bankruptcy Custodian of Parent (so long as the Parent Guaranty is in
effect), the Company or any Significant Subsidiary or for any substantial part of its property; or 
 (C) orders
the winding up or liquidation of Parent (so long as the Parent Guaranty is in effect), the Company or any Significant Subsidiary; 

or any similar relief is granted under any foreign laws and the order or decree remains unstayed and in effect for 60 days;

 (8) any judgment or decree for the payment of money in excess of $20.0 million (net of any amounts that are
covered by insurance or bonded, treating any deductibles, self-insurance or retention as not so covered) is entered against the Company or any Significant Subsidiary, remains outstanding for a period of 60 consecutive days following such judgment
and is not discharged, waived or stayed (the “judgment default provision”); or 
 (9) the Parent
Guaranty or any Subsidiary Guaranty of any Significant Subsidiary with respect to the Securities ceases to be in full force and effect (other than in accordance with the terms of such Parent Guaranty or Subsidiary Guaranty) or Parent or a Subsidiary
Guarantor denies or disaffirms its obligations under the Parent Guaranty or its Subsidiary Guaranty. 
 The foregoing will
constitute Events of Default whatever the reason for any such Event of Default and whether it is voluntary or involuntary or is effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation
of any administrative or governmental body. 
  

 -92- 

 The term “Bankruptcy Law” means Title 11, United States Code, or any similar
federal or state law for the relief of debtors. The term “Bankruptcy Custodian” means any receiver, trustee, assignee, liquidator, custodian or similar official under any Bankruptcy Law. 

A Default under clause (4) will not constitute an Event of Default until the Trustee or the Holders of at least 25% in principal
amount of the outstanding Securities notify the Company of the Default and the Company does not cure such Default within the time specified after receipt of such notice. Such notice must specify the Default, demand that it be remedied and state that
such notice is a “Notice of Default.” The Company shall deliver to the Trustee, within 30 days after the occurrence thereof, written notice in the form of an Officers’ Certificate of any Event of Default under clause (5) or
(9) and any event which with the giving of notice or the lapse of time would become an Event of Default under clause (4) or (8), its status and what action the Company is taking or proposes to take with respect thereto. 

SECTION 6.02. Acceleration. If an Event of Default (other than an Event of Default specified in Section 6.01(6) or
(7) with respect to the Company) occurs and is continuing, the Trustee by notice to the Company, or the Holders of at least 25% in principal amount of the Securities by written notice to the Company and the Trustee, may declare the principal of
and accrued but unpaid interest on all the Securities to be due and payable by notice in writing to the Company and (if applicable) the Trustee specifying the respective Event of Default and that it is a “notice of acceleration” (the
“Acceleration Notice”). Upon proper delivery of such Acceleration Notice, such principal and interest shall be due and payable immediately. If an Event of Default specified in Section 6.01(6) or (7) with respect to the Company
occurs and is continuing, the principal of and interest on all the Securities shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Securityholders. The
Holders of a majority in principal amount of the Securities by notice to the Trustee may rescind an acceleration and its consequences if the rescission would not conflict with any judgment or decree and if all existing Events of Default have been
cured or waived except nonpayment of principal or interest that has become due solely because of acceleration. No such rescission shall affect any subsequent Default or impair any right consequent thereto. 

SECTION 6.03. Other Remedies. If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy to
collect the payment of principal of or interest on the Securities or to enforce the performance of any provision of the Securities or this Indenture. The Trustee may maintain a proceeding even if it does not possess any of the Securities or does not
produce any of them in the proceeding. A delay or omission by the Trustee or any Securityholder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the
Event of Default. No remedy is exclusive of any other remedy. All available remedies are cumulative. 
 SECTION 6.04. Waiver
of Past Defaults. The Holders of a majority in principal amount of the Securities by notice to the Trustee may waive an existing Default and its consequences except (a) a Default in the payment of the principal of or interest on a Security
(b) a 
  

 -93- 

 
Default arising from the failure to redeem or purchase any Security when required pursuant to this Indenture or (c) a Default in respect of a provision that under Section 9.02 cannot be
amended without the consent of each Securityholder affected. When a Default is waived, it is deemed cured, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. 

SECTION 6.05. Control by Majority. The Holders of a majority in principal amount of the Securities may direct the time, method and
place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. However, the Trustee may refuse to follow any direction that conflicts with law or this Indenture or, subject to
Section 7.01, that the Trustee determines is unduly prejudicial to the rights of other Securityholders or would involve the Trustee in personal liability; provided, however, that the Trustee may take any other action deemed proper
by the Trustee that is not inconsistent with such direction. Prior to taking any action hereunder, the Trustee shall be entitled to indemnification by Holders satisfactory to it in its sole discretion against all losses and expenses caused by taking
or not taking such action. 
 If a Default occurs, is continuing and is known to the Trustee, the Trustee must mail to each
Securityholder notice of the Default within 90 days after it occurs. Except in the case of a Default in the payment of principal of or interest on any Securities, the Trustee may withhold notice if and so long as a committee of its Trust Officers in
good faith determines that withholding notice is not opposed to the interest of the Securityholders. In addition, the Company is required to deliver to the Trustee, within 120 days after the end of each fiscal year, a certificate indicating whether
the signers thereof know of any Default that occurred during the previous year. The Company is required to deliver to the Trustee, within 30 days after the occurrence thereof, written notice of any event which would constitute certain Defaults,
their status and what action the Company is taking or proposes to take in respect thereof. 
 SECTION 6.06. Limitation on
Suits. Except to enforce the right to receive payment of principal, premium (if any) or interest when due, no Holder may pursue any remedy with respect to this Indenture or the Securities unless: 

(1) such Holder has previously given the Trustee written notice that an Event of Default is continuing; 

(2) the Holders of at least 25% in principal amount of the outstanding Securities have requested the Trustee to pursue the
remedy; 
 (3) such Holders have offered the Trustee reasonable security or indemnity against any loss, liability
or expense; 
 (4) the Trustee has not complied with such request within 60 days after the receipt thereof and
the offer of security or indemnity; and 
  

 -94- 

 (5) the Holders of a majority in principal amount of the outstanding
Securities have not given the Trustee a direction inconsistent with such request within such 60 day period. 
 A Securityholder
may not use this Indenture to prejudice the rights of another Securityholder or to obtain a preference or priority over another Securityholder. In the event that the Definitive Securities are not issued to any beneficial owner promptly after the
Registrar has received a request from the Holder of a Global Security to issue such Definitive Securities to such beneficial owner of its nominee, the Company expressly agrees and acknowledges, with respect to the right of any Holder to pursue a
remedy pursuant to this Indenture, the right of such beneficial holder of Securities to pursue such remedy with respect to the portion of the Global Security that represents such beneficial holder’s Securities as if such Definitive Securities
had been issued. 
 SECTION 6.07. Rights of Holders To Receive Payment. Notwithstanding any other provision of this
Indenture, the right of any Holder to receive payment of principal of and interest on the Securities held by such Holder, on or after the respective due dates expressed in the Securities, or to bring suit for the enforcement of any such payment on
or after such respective dates, shall not be impaired or affected without the consent of such Holder. 
 SECTION 6.08.
Collection Suit by Trustee. If an Event of Default specified in Section 6.01(1) or (2) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company for the whole
amount then due and owing (together with interest on any unpaid interest to the extent lawful) and the amounts provided for in Section 7.07. 

SECTION 6.09. Trustee May File Proofs of Claim. The Trustee may file such proofs of claim and other papers or documents as may be
necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Securityholders allowed in any judicial
proceedings relative to the Company, its creditors or its property and to participate as a member, voting or otherwise, of any official committee of creditors appointed in such matter and, unless prohibited by law or applicable regulations, may vote
on behalf of the Holders in any election of a trustee in bankruptcy or other Person performing similar functions, and any Custodian in any such judicial proceeding is hereby authorized by each Holder to make payments to the Trustee and, in the event
that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and its counsel, and any
other amounts due the Trustee under Section 7.07. 
 SECTION 6.10. Priorities for Funds Collected by Trustee. If the
Trustee collects any money or property pursuant to this Article 6, it shall pay out the money or property in the following order: 

FIRST: to the Trustee for amounts due under Section 7.07; 

 

 -95- 

 SECOND: to Securityholders for amounts due and unpaid on the Securities for
principal (and premium, if any) and interest, ratably, without preference or priority of any kind, according to the amounts due and payable on the Securities for principal ( and premium, if any) and interest, respectively; and 

THIRD: to the Company. 

The Trustee may fix a record date and payment date for any payment to Securityholders pursuant to this Section. At least 15 days
before such record date, the Trustee shall mail to each Securityholder and the Company a notice that states the record date, the payment date and amount to be paid. 

SECTION 6.11. Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit
against the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess
reasonable costs, including reasonable attorneys’ fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section does not apply to a suit by the
Trustee, a suit by a Holder pursuant to Section 6.07 or a suit by Holders of more than 10% in aggregate principal amount of the Securities. 

SECTION 6.12. Waiver of Stay or Extension Laws. The Company (to the extent it may lawfully do so) shall not at any time insist
upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the
Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and shall not hinder, delay or impede the execution of any power herein granted to the Trustee, but shall suffer and permit the
execution of every such power as though no such law had been enacted. 
 ARTICLE 7 

Trustee 

SECTION 7.01. Duties of Trustee. 

(a) If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by this Indenture
and use the same degree of care and skill in their exercise as a prudent Person would exercise or use under the circumstances in the conduct of such Person’s own affairs. 

(b) Except during the continuance of an Event of Default: 

(1) the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture and
no implied covenants or obligations shall be read into this Indenture against the Trustee; and 
  

 -96- 

 (2) in the absence of bad faith on its part, the Trustee may conclusively
rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. However, the Trustee shall examine the
certificates and opinions to determine whether or not they conform to the requirements of this Indenture. 
 (c) The Trustee may
not be relieved from liability for its own negligent action, its own negligent failure to act or its own willful misconduct, except that: 

(1) this paragraph does not limit the effect of paragraph (b) of this Section; 

(2) the Trustee shall not be liable for any error of judgment made in good faith by a Trust Officer unless it is proved
that the Trustee was negligent in ascertaining the pertinent facts; and 
 (3) the Trustee shall not be liable
with respect to any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 6.05. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and (c) of
this Section. 
 (e) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in
writing with the Company. 
 (f) Money held in trust by the Trustee need not be segregated from other funds except to the extent
required by law. 
 (g) No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise
incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it shall have reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or
liability is not reasonably assured to it. 
 (h) Every provision of this Indenture relating to the conduct or affecting the
liability of or affording protection to the Trustee shall be subject to the provisions of this Section and to the provisions of the Trust Indenture Act. 

SECTION 7.02. Rights of Trustee. 

(a) The Trustee may rely on any document believed by it to be genuine and to have been signed or presented by the proper person. The
Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of
indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or
investigation, it shall be entitled to examine the books, records and premises of the Company personally or by agent or attorney. 
  

 -97- 

 (b) Before the Trustee acts or refrains from acting, it may require an Officer’s
Certificate or an Opinion of Counsel. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officer’s Certificate or Opinion of Counsel. 

(c) The Trustee may act through agents and shall not be responsible for the misconduct or negligence of any agent appointed with due
care. 
 (d) The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be
authorized or within its rights or powers; provided, however, that the Trustee’s conduct does not constitute willful misconduct or negligence. 

(e) The Trustee may consult with counsel, and the advice or opinion of counsel with respect to legal matters relating to this Indenture
and the Securities shall be full and complete authorization and protection from liability in respect to any action taken, omitted or suffered by it hereunder in good faith and in accordance with the advice or opinion of such counsel. 

(f) The Trustee shall not be deemed to have notice of any Default or Event of Default unless a Trust Officer of the Trustee has actual
knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references the Securities and this Indenture. 

(g) The rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be
indemnified, are extended to, and shall be enforceable by the Trustee in each of its capacities hereunder. 
 SECTION 7.03.
Individual Rights of Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not
Trustee. Any Paying Agent, Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11. 

SECTION 7.04. Trustee’s Disclaimer. The Trustee shall not be responsible for and makes no representation as to the validity
or adequacy of this Indenture or the Securities, it shall not be accountable for the Company’s use of the proceeds from the Securities, and it shall not be responsible for any statement of the Company in this Indenture or in any document issued
in connection with the sale of the Securities or in the Securities other than the Trustee’s certificate of authentication. 

SECTION 7.05. Notice of Defaults. If a Default occurs, is continuing and is known to the Trustee, the Trustee shall mail to each
Securityholder notice of the Default within 90 days after it occurs. Except in the case of a Default in the payment of principal of or interest 
  

 -98- 

 
on any Security (including payments pursuant to the mandatory redemption provisions of such Security, if any), the Trustee may withhold the notice if and so long as a committee of its Trust
Officers in good faith determines that withholding the notice is not opposed to the interests of the Securityholders. 
 SECTION
7.06. Reports by Trustee to Holders. As promptly as practicable after each March 31, beginning with the March 31 following the date of this Indenture, and in any event prior to May 1 in each year, the Trustee shall mail to each
Securityholder a brief report dated as of such date that complies with Trust Indenture Act § 313(a). The Trustee also shall comply with Trust Indenture Act § 313(b). 

A copy of each report at the time of its mailing to Securityholders shall be filed with the SEC and each stock exchange (if any) on which
the Securities are listed. The Company agrees to notify promptly the Trustee whenever the Securities become listed on any stock exchange and of any delisting thereof. 

SECTION 7.07. Compensation and Indemnity. The Company, Parent and the Subsidiary Guarantors, jointly and severally, agree that
they shall pay to the Trustee from time to time reasonable compensation for its services. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company, Parent and the Subsidiary
Guarantors, jointly and severally, agree that they shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred or made by it, including costs of collection, in addition to the compensation for its services. Such
expenses shall include the reasonable compensation and expenses, disbursements and advances of the Trustee’s agents, counsel, accountants and experts. The Company, Parent and the Subsidiary Guarantors, jointly and severally, shall indemnify the
Trustee for, and hold the Trustee harmless against, any and all loss, damage, claims, liability or expense (including attorneys’ fees) incurred by it in connection with the acceptance or administration of this trust and the performance of its
duties hereunder (including the costs and expenses of enforcing this Indenture against the Company, Parent or any of the Subsidiary Guarantors (including this Section 7.07) or defending itself against any claim whether asserted by any Holder,
the Company, Parent or any Subsidiary Guarantor, or liability in connective with the acceptance, exercise or performance of any of its powers or duties hereunder). The Trustee shall notify the Company promptly of any claim for which it may seek
indemnity. Failure by the Trustee to so notify the Company shall not relieve the Company of its obligations hereunder. The Company shall defend the claim and the Trustee may have separate counsel and the Company shall pay the fees and expenses of
such counsel. The Company need not reimburse any expense or indemnify against any loss, liability or expense incurred by the Trustee through the Trustee’s own willful misconduct, negligence or bad faith. 

To secure the Company’s, Parent’s and the Subsidiary Guarantors’ payment obligations in this Section, the Trustee shall
have a Lien prior to the Securities on all money or property held or collected by the Trustee other than money or property held in trust to pay principal of and interest on particular Securities. 

The Company’s, Parent’s and the Subsidiary Guarantors’ payment obligations pursuant to this Section shall survive the
discharge of this Indenture. When the Trustee incurs 
  

 -99- 

 
expenses after the occurrence of a Default specified in Section 6.01(7) or (8) with respect to the Company, the expenses are intended to constitute expenses of administration under the
Bankruptcy Law. 
 SECTION 7.08. Replacement of Trustee. The Trustee may resign at any time by so notifying the Company.
The Holders of a majority in principal amount of the Securities may remove the Trustee by so notifying the Trustee and may appoint a successor Trustee. The Company shall remove the Trustee if: 

(1) the Trustee fails to comply with Section 7.10; 

(2) the Trustee is adjudged bankrupt or insolvent; 

(3) a receiver or other public officer takes charge of the Trustee or its property; or 

(4) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns, is removed by the Company or by the Holders of a majority in principal amount of the Securities and such Holders
do not reasonably promptly appoint a successor Trustee, or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the retiring Trustee), the Company shall promptly appoint a successor
Trustee. 
 A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the
Company. Thereupon the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail a notice of
its succession to Securityholders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the Lien provided for in Section 7.07. 

If a successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee or the
Holders of 10% in principal amount of the Securities may petition any court of competent jurisdiction for the appointment of a successor Trustee. 

If the Trustee fails to comply with Section 7.10, any Securityholder may petition any court of competent jurisdiction for the
removal of the Trustee and the appointment of a successor Trustee. 
 Notwithstanding the replacement of the Trustee pursuant to
this Section, the Company’s obligations under Section 7.07 shall continue for the benefit of the retiring Trustee. 

SECTION 7.09. Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or
substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. 

 

 -100- 

 In case at the time such successor or successors by merger, conversion or consolidation to
the Trustee shall succeed to the trusts created by this Indenture any of the Securities shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and
deliver such Securities so authenticated; and in case at that time any of the Securities shall not have been authenticated, any successor to the Trustee may authenticate such Securities either in the name of any predecessor hereunder or in the name
of the successor to the Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Securities or in this Indenture provided that the certificate of the Trustee shall have. 

SECTION 7.10. Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of Trust Indenture Act
§ 310(a). The Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with Trust Indenture Act § 310(b);
provided, however, that there shall be excluded from the operation of Trust Indenture Act § 310(b)(1) any indenture or indentures under which other securities or certificates of interest or participation in other
securities of the Company are outstanding if the requirements for such exclusion set forth in Trust Indenture Act § 310(b)(1) are met. 

SECTION 7.11. Preferential Collection of Claims Against Company. The Trustee shall comply with Trust Indenture Act
§ 311(a), excluding any creditor relationship listed in Trust Indenture Act § 311(b). A Trustee who has resigned or been removed shall be subject to Trust Indenture Act § 311(a) to the extent indicated. 

SECTION 7.12. Escrow Authorization. Each Holder, by its acceptance of a Security, consents and agrees to the terms of the Escrow
Agreement, including related documents thereto, as the same may be in effect or may be amended from time to time in writing by the parties thereto (provided that no amendment that would materially adversely affect the rights of the Holders
may be effected without the consent of each Holder of Securities affected thereby), and authorizes and directs the Trustee to enter into the Escrow Agreement and to perform its obligations and exercise its rights thereunder in accordance therewith.
The Escrow Issuer shall do or cause to be done all such acts and things as may be necessary or proper, or as may be required by the provisions of the Escrow Agreement, to assure and confirm to the Trustee the security interest contemplated by the
Escrow Agreement or any part thereof, as from time to time constituted, so as to render the same available for the security and benefit of this Indenture and of the Securities secured hereby, according to the intent and purpose herein expressed.
Escrow Issuer shall take, or shall cause to be taken, any and all actions reasonably required to cause the Escrow Agreement to create and maintain, as security for the obligations of the Company under this Indenture and the Securities as provided in
the Escrow Agreement, valid and enforceable first priority perfected liens in and on all the Escrow Proceeds, in favor of the Trustee for its benefit and the ratable benefit of the Holders, superior to and prior to the rights of third Persons and
subject to no other Liens. 
  

 -101- 

 ARTICLE 8  

Discharge of Indenture; Defeasance 

SECTION 8.01. Discharge of Liability on Securities; Defeasance. 

(a) When (1) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to
Section 2.07) for cancellation or (2) all outstanding Securities have become due and payable, whether at maturity or on a redemption date as a result of the providing of a notice of redemption pursuant to Article 3 hereof and the
Company irrevocably deposits with the Trustee funds sufficient to pay at maturity or upon redemption all outstanding Securities, including interest thereon to maturity or such redemption date (other than Securities replaced pursuant to
Section 2.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 8.01(c), cease to be of further effect. The Trustee shall acknowledge satisfaction and
discharge of this Indenture on demand of the Company accompanied by an Officer’s Certificate and an Opinion of Counsel and at the cost and expense of the Company. 

(b) Subject to Sections 8.01(c) and 8.02, the Company at any time may terminate (1) all its obligations under the Securities and
this Indenture (“legal defeasance option”) or (2) its obligations under Sections 4.02, 4.03, 4.04, 4.05, 4.06, 4.07, 4.08, 4.09, 4.10, 4.11, 4.13 and 4.15 and the operation of Sections 6.01(4), 6.01(5), 6.01(6), 6.01(7),
6.01(8), and 6.01(9) (but, in the case of Sections 6.01(6) and (7), with respect only to Significant Subsidiaries and Parent) and the limitations contained in Section 5.01(a)(3) (“covenant defeasance option”). The Company may
exercise its legal defeasance option notwithstanding its prior exercise of its covenant defeasance option. 
 If the Company
exercises its legal defeasance option, payment of the Securities may not be accelerated because of an Event of Default with respect thereto. If the Company exercises its covenant defeasance option, payment of the Securities may not be accelerated
because of an Event of Default specified in Sections 6.01(3), 6.01(4), 6.01(5), 6.01(6), 6.01(7), 6.01(8) and 6.01(9) (but, in the case of Sections 6.01(6) and (7), with respect only to Significant Subsidiaries and Parent) or because of the
failure of the Company to comply with Section 5.01(a)(3). If the Company exercises its legal defeasance option or its covenant defeasance option, each Guarantor, if any, shall be released from all its obligations with respect to the related
Guaranty. 
 Upon satisfaction of the conditions set forth herein and upon request of the Company, the Trustee shall acknowledge
in writing the discharge of those obligations that the Company terminates. 
 (c) Notwithstanding clauses (a) and
(b) above, the Company’s obligations in Sections 2.03, 2.04, 2.05, 2.06, 2.07, 2.08, 7.07 and 7.08 and in this Article 8 shall survive until the Securities have been paid in full. Thereafter, the Company’s obligations in Sections
7.07, 8.04 and 8.05 shall survive. 
  

 -102- 

 SECTION 8.02. Conditions to Defeasance. The Company may exercise its legal defeasance
option or its covenant defeasance option only if: 
 (1) the Company irrevocably deposits in trust with the
Trustee money or U.S. Government Obligations or a combination thereof for the payment of principal of and interest on the Securities to maturity or redemption, as the case may be; 

(2) the Company delivers to the Trustee a certificate from a nationally recognized firm of independent accountants, a
nationally recognized investment bank or a nationally recognized appraisal or valuation firm expressing their opinion that the payments of principal (and premium, if any) and interest when due and without reinvestment on the deposited U.S.
Government Obligations plus any deposited money without investment will provide cash at such times and in such amounts as will be sufficient to pay principal (and premium, if any) and interest when due on all the Securities to maturity or
redemption, as the case may be; 
 (3) the Company shall have delivered to the Trustee an Officer’s
Certificate stating that the deposit was not made by the Company with the intent of preferring the Holders of Securities over the other creditors of the Company with the intent of defeating, hindering, delaying or defrauding any creditors of the
Company or others; 
 (4) the deposit does not constitute a default or event of default under any other material
agreement (including, without limitation, the Credit Agreement) binding on the Company; 
 (5) in the case of the
legal defeasance option, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (A) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (B) since the date of
this Indenture there has been a change in the applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Securityholders will not recognize income, gain or loss for federal
income tax purposes as a result of such defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred; 

(6) in the case of the covenant defeasance option, the Company shall have delivered to the Trustee an Opinion of Counsel
to the effect that the Securityholders will not recognize income, gain or loss for federal income tax purposes as a result of such covenant defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same
times as would have been the case if such covenant defeasance had not occurred; and 
 (7) the Company delivers
to the Trustee an Officer’s Certificate and an Opinion of Counsel (which Opinion of Counsel may be subject to customary assumptions and exclusions), each stating that all conditions precedent to the defeasance and discharge of the Securities as
contemplated by this Article 8 have been complied with. 
  

 -103- 

 Before or after a deposit, the Company may make arrangements satisfactory to the Trustee for
the redemption of Securities at a future date in accordance with Article 3. 
 SECTION 8.03. Application of Trust Money.
The Trustee shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from U.S. Government Obligations through the Paying Agent and in accordance with
this Indenture to the payment of principal of and interest on the Securities. 
 SECTION 8.04. Repayment to Company. The
Trustee and the Paying Agent shall promptly turn over to the Company upon request any excess money or securities held by them at any time. 

Subject to any applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Company upon request any money held
by them for the payment of principal (and premium, if any) or interest that remains unclaimed for two years, and, thereafter, Securityholders entitled to the money must look to the Company for payment as general creditors. 

SECTION 8.05. Indemnity for Government Obligations. The Company shall pay and shall indemnify the Trustee against any tax, fee or
other charge imposed on or assessed against deposited U.S. Government Obligations or the principal (and premium, if any) and interest received on such U.S. Government Obligations. 

SECTION 8.06. Reinstatement. If the Trustee or Paying Agent is unable to apply any money or U.S. Government Obligations in
accordance with this Article 8 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s, Parent’s and
each Subsidiary Guarantor’s obligations under this Indenture, the Parent Guaranty each Subsidiary Guaranty and the Securities shall be revived and reinstated as though no deposit had occurred pursuant to this Article 8 until such time as the
Trustee or Paying Agent is permitted to apply all such money or U.S. Government Obligations in accordance with this Article 8; provided, however, that, (a) if the Company has made any payment of interest on or principal of
any Securities because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money or U.S. Government Obligations held by the Trustee or Paying Agent
and (b) unless otherwise required by any legal proceeding or any other order or judgment of any court or any governmental authority, the Trustee or Paying Agent shall return all such money and U.S. Government Obligations to the Company promptly
after receiving a written request therefor at any time if such reinstatement of the Company’s obligations has occurred and continues to be in effect. 
  

 -104- 

 ARTICLE 9  

Amendments 

SECTION 9.01. Without Consent of Holders. The Company, the Guarantors and the Trustee may amend this Indenture or the Securities
without notice to or consent of any Securityholder: 
 (1) to cure any ambiguity, omission, defect, mistake or
inconsistency; 
 (2) to provide for the Assumption and assumption by a successor corporation of the obligations
of Parent, the Company or any Subsidiary Guarantor under this Indenture; 
 (3) to provide for uncertificated
Securities in addition to or in place of certificated Securities; 
 (4) to evidence and provide for the
acceptance by a successor trustee; provided that the successor trustee is otherwise qualified and eligible to act as such under the terms of this Indenture; 

(5) to add Guarantees with respect to the Securities, including any Subsidiary Guarantees, to release a Guarantor pursuant
to the terms of this Indenture or to otherwise comply with the provisions described under Article 11, or to secure the Securities; 

(6) to add to the covenants of the Company or a Subsidiary Guarantor for the benefit of the Holders or to surrender any
right or power herein conferred upon the Company or a Subsidiary Guarantor; 
 (7) to comply with any
requirements of the SEC in connection with qualifying, or maintaining the qualification of, this Indenture under the Trust Indenture Act; 

(8) to make any change that does not adversely affect the rights of any Securityholder; 

(9) to provide for the issuance of Additional Securities (and the grant of security for the benefit of Additional
Securities) in accordance with the terms of this Indenture; 
 (10) to make any amendment to the provisions of
this Indenture relating to the transfer and legending of Securities; provided, however, that (a) compliance with this Indenture as so amended would not result in the Securities being transferred in violation of the Securities Act
or any other securities law and (b) such amendment does not materially and adversely affect the rights of the Securityholders to transfer the Securities under applicable securities laws; 

 

 -105- 

 (11) to conform the text of this Indenture, the Guarantees or the Securities
to any provision of the “Description of Notes” in the Offering Memorandum to the extent that such provision in the “Description of Notes” was intended to be a verbatim recitation of a provision of this Indenture, the Guarantees
or the Securities; 
 (12) to provide for the issuance of Exchange Securities in accordance with the terms of
this Indenture; or 
 (13) to comply with the rules of any applicable securities depositary. 

After an amendment under this Section becomes effective, the Company is required to mail to Securityholders a notice briefly describing
such amendment. The failure to give such notice to all Securityholders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

SECTION 9.02. With Consent of Holders. The Company, Parent, the Subsidiary Guarantors and the Trustee may amend this Indenture or
the Securities with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding (including, without limitation, consents obtained in connection with a purchase of, or tender offer or
exchange offer for, such Securities) and any past default or compliance with any provisions may also be waived with the consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding (including,
without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, such Securities). However, without the consent of each Securityholder affected thereby, an amendment or waiver may not (with respect to
any Security held by a non-consenting Holder): 
 (1) reduce the percentage of the aggregate principal amount of
such Securities whose Holders must consent to an amendment; 
 (2) reduce the rate of or extend the time for
payment of interest on any such Security; 
 (3) reduce the principal of or change the Stated Maturity of any
such Security; 
 (4) reduce the amount payable upon the redemption of any such Security or change the time at
which any such Security may be redeemed pursuant to Article 3 or to section 5 of the Securities; 
 (5) make any
such Security payable in money other than that stated in such Security; 
 (6) impair the right of any
Securityholder to receive payment of principal of and interest on such Securityholder’s Securities on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such Securityholder’s
Securities; 
  

 -106- 

 (7) make any changes in the ranking or priority of any Security that would
adversely affect the Securityholders; 
 (8) make any change in Section 6.04 or 6.07 or the second sentence
of this Section; or 
 (9) release any Guarantor from any of its obligations under its Guarantee of the
Securities other than in accordance with this Indenture. 
 Without the consent of the Securityholders of at least 75% in
aggregate principal amount of the Securities then outstanding, no amendment or waiver may make any change to, or extend the time for performance under, the escrow release provisions described under Section 3.07 or Section 4.14 (including
the definition of “Escrow End Date”). 
 It shall not be necessary for the consent of the Holders under this Section
to approve the particular form of any proposed amendment, but it shall be sufficient if such consent approves the substance thereof. 

After an amendment under this Section becomes effective, the Company shall mail to Securityholders a notice briefly describing such
amendment. The failure to give such notice to all Securityholders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

SECTION 9.03. Compliance with Trust Indenture Act. Every amendment to this Indenture or the Securities shall comply with the Trust
Indenture Act as then in effect. 
 SECTION 9.04. Revocation and Effect of Consents and Waivers. A consent to an
amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent or
waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Security or portion of the Security if the Trustee receives the notice of revocation before the date the
amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver becomes effective upon the execution of such amendment or waiver by the Trustee. 

The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Securityholders entitled to give
their consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the immediately preceding paragraph, those Persons who were Securityholders at
such record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether or not such Persons continue to be Holders after such
record date. No such consent shall be valid or effective for more than 120 days after such record date. 
  

 -107- 

 SECTION 9.05. Notation on or Exchange of Securities. If an amendment changes the
terms of a Security, the Trustee may require the Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security regarding the changed terms and return it to the Holder. Alternatively, if the
Company or the Trustee so determines, the Company in exchange for the Security shall issue and the Trustee shall authenticate a new Security that reflects the changed terms. Failure to make the appropriate notation or to issue a new Security shall
not affect the validity of such amendment. 
 SECTION 9.06. Trustee To Sign Amendments. The Trustee shall sign any
amendment authorized pursuant to this Article 9 if the amendment does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may but need not sign it. In signing such amendment the Trustee shall be
entitled to receive indemnity reasonably satisfactory to it and to receive, and (subject to Section 7.01) shall be fully protected in relying upon, an Officer’s Certificate and an Opinion of Counsel stating that such amendment is
authorized or permitted by this Indenture and that such amendment is the legal, valid and binding obligation of the Company, Parent and the Subsidiary Guarantors, enforceable against them in accordance with its terms, subject to customary exceptions
and complies with the provisions hereof (including Section 9.03). 
 ARTICLE 10  

[Reserved] 

ARTICLE 11  

Guarantees 

SECTION 11.01. Guarantees. Upon the consummation of the Assumption, the Guarantors hereby fully guarantee, jointly and severally,
to each Holder and to the Trustee and its successors and assigns (a) the full and punctual payment of principal of and interest on the Securities when due, whether at maturity, by acceleration, by redemption or otherwise, and all other monetary
obligations of the Company under this Indenture and the Securities and (b) the full and punctual performance within applicable grace periods of all other obligations of the Company under this Indenture and the Securities (all the foregoing
being hereinafter collectively called the “Guaranteed Obligations”). Each of the Guarantors further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further assent from such
Guarantor and that such Guarantor will remain bound under this Article 11 notwithstanding any extension or renewal of any Obligation. 

Each Guarantor waives presentation to, demand of, payment from and protest to the Company of any of the Guaranteed Obligations and also
waives notice of protest for nonpayment. Each Guarantor waives notice of any default under the Securities or the Guaranteed Obligations. The obligations of each Guarantor hereunder shall not be affected by (1) the failure of any Holder or the
Trustee to assert any claim or demand or to enforce any right or remedy 
  

 -108- 

 
against the Company or any other Person (including any Guarantor) under this Indenture, the Securities or any other agreement or otherwise; (2) any extension or renewal of any thereof;
(3) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Securities or any other agreement; (4) the release of any security held by any Holder or the Trustee for the Guaranteed
Obligations or any of them; (5) the failure of any Holder or the Trustee to exercise any right or remedy against any other guarantor of the Guaranteed Obligations; or (6) except as set forth in Section 11.06, any change in the
ownership of a Subsidiary Guarantor. 
 Each Guarantor further agrees that its Guaranty herein constitutes a guarantee of
payment, performance and compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder or the Trustee to any security held for payment of the Guaranteed Obligations. 

Except as expressly set forth in Sections 8.01(b), 11.02 and 11.06, the obligations of each Guarantor hereunder shall not be subject
to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or termination
whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Guarantor herein shall not be discharged or impaired or
otherwise affected by the failure of any Holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Securities or any other agreement, by any waiver or modification of any thereof, by any default, failure
or delay, willful or otherwise, in the performance of the obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of Parent or such Subsidiary
Guarantor or would otherwise operate as a discharge of Parent or such Subsidiary Guarantor as a matter of law or equity. 
 Each
Guarantor further agrees that its Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any Obligation is rescinded or must otherwise be
restored by any Holder or the Trustee upon the bankruptcy or reorganization of the Company or otherwise. 
 In furtherance of
the foregoing and not in limitation of any other right which any Holder or the Trustee has at law or in equity against any Guarantor by virtue hereof, upon the failure of the Company to pay the principal of or interest on any Obligation when and as
the same shall become due, whether at maturity, by acceleration, by redemption or otherwise, or to perform or comply with any other Obligation, each Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith
pay, or cause to be paid, in cash, to the Holders or the Trustee an amount equal to the sum of (A) the unpaid amount of such Guaranteed Obligations, (B) accrued and unpaid interest on such Guaranteed Obligations (but only to the extent not
prohibited by law) and (C) all other monetary Guaranteed Obligations of the Company to the Holders and the Trustee. 
 Each
of the Guarantors agrees that it shall not be entitled to any right of subrogation in respect of any Obligations guaranteed hereby until payment in full of all Obligations. 

 

 -109- 

 
Each of the Guarantors further agrees that, as between it, on the one hand, and the Holders and the Trustee, on the other hand, (i) the maturity of the Guaranteed Obligations hereby may be
accelerated as provided in Article 6 for the purposes of such Guarantor’s Guaranty herein, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations guaranteed hereby, and
(ii) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in Article 6, such Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by such Guarantor for the
purposes of this Section. 
 Each Guarantor also agrees to pay any and all costs and expenses (including reasonable
attorneys’ fees) incurred by the Trustee or any Holder in enforcing any rights under this Section. 
 SECTION 11.02.
Limitation on Liability. Any term or provision of this Indenture to the contrary notwithstanding, the maximum aggregate amount of the Guaranteed Obligations guaranteed hereunder by any Guarantor shall not exceed the maximum amount that, after
giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations under this Indenture, can be hereby
guaranteed without rendering this Indenture, as it relates to such Guarantor, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally. 

SECTION 11.03. Successors and Assigns. This Article 11 shall be binding upon each Guarantor and its successors and assigns
and shall inure to the benefit of the successors and assigns of the Trustee and the Holders and, in the event of any transfer or assignment of rights by any Holder or the Trustee, the rights and privileges conferred upon that party in this Indenture
and in the Securities shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 

SECTION 11.04. No Waiver. Neither a failure nor a delay on the part of either the Trustee or the Holders in exercising any right,
power or privilege under this Article 11 shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the Trustee and
the Holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article 11 at law, in equity, by statute or otherwise. 

SECTION 11.05. Modification. No modification, amendment or waiver of any provision of this Article 11, nor the consent to any
departure by any Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which
given. No notice to or demand on any Guarantor in any case shall entitle such Guarantor to any other or further notice or demand in the same, similar or other circumstances. 

 

 -110- 

 SECTION 11.06. Release of Subsidiary Guarantor. A Subsidiary Guarantor will be
released from its obligations under this Article 11 (other than any obligation that may have arisen under Section 11.07): 

(1) upon the sale or other disposition (including by way of consolidation or merger) of a Subsidiary Guarantor, including
the sale or disposition of Capital Stock of a Subsidiary Guarantor, following which such Subsidiary Guarantor is no longer a Subsidiary, 

(2) upon the sale or disposition of all or substantially all the assets of such Subsidiary Guarantor, 

(3) upon the designation of such Subsidiary Guarantor as an Unrestricted Subsidiary in accordance with the terms of this
Indenture, 
 (4) at such time as such Subsidiary Guarantor does not have any Indebtedness outstanding that would
have required such Subsidiary Guarantor to enter into a Guaranty Agreement pursuant to Section 4.10 and the Company provides an Officer’s Certificate to the Trustee certifying that no such Indebtedness is outstanding and that the Company
elects to have such Subsidiary Guarantor released from this Article 11, 
 (5) upon a liquidation or dissolution
of a Guarantor permitted under this Indenture; 
 (6) upon defeasance of the Securities pursuant to Article 8, or

 (7) upon the full satisfaction of the Company’s obligations under this Indenture; 

provided, however, that in the case of clauses (1) and (2) above, (i) such sale or other disposition is made to a Person
other than the Company or a Subsidiary of the Company, (ii) such sale or disposition is otherwise permitted by this Indenture and (iii) the Company provides an Officer’s Certificate to the Trustee to the effect that the Company will
comply with its obligations under Section 4.06. 
 At the request of the Company, the Trustee shall execute and deliver an
appropriate instrument evidencing such release. 
 SECTION 11.07. Contribution. Each Guarantor that makes a payment under
a Guaranty shall be entitled upon payment in full of all Guaranteed Obligations under this Indenture to a contribution from each other Guarantor in an amount equal to such other Guarantor’s pro rata portion of such payment based
on the respective net assets of all the Guarantors at the time of such payment determined in accordance with GAAP. 
  

 -111- 

 ARTICLE 12  

[Reserved] 

ARTICLE 13  

Miscellaneous 

SECTION 13.01. Trust Indenture Act Controls. If any provision of this Indenture limits, qualifies or conflicts with another
provision which is required to be included in this Indenture by the Trust Indenture Act, the required provision shall control. 

SECTION 13.02. Notices. Any notice or communication shall be in writing and delivered in person, via facsimile or mailed by
first-class mail addressed as follows: 
 if to the Company or any Guarantor: 

Cooper-Standard Automotive Inc. 

39550 Orchard Hill Place Drive 

Novi, MI 48375 

if to the Trustee: 

Corporate Trust Services 

U.S. Bank National Association 

535 Griswold Street, Suite 550 

Detroit, MI 48226 

The Company, any Guarantor or the Trustee by notice to the other may designate additional or different addresses for subsequent notices
or communications. 
 Any notice or communication mailed to a Securityholder shall be mailed to the Securityholder at the
Securityholder’s address as it appears on the registration books of the Registrar and shall be sufficiently given if so mailed within the time prescribed. 

Failure to mail a notice or communication to a Securityholder or any defect in it shall not affect its sufficiency with respect to other
Securityholders. Except for a notice to Trustee which is deemed given when received, if a notice or communication is mailed in the manner provided above, it is duly given, whether or not the addressee receives it. 

SECTION 13.03. Communication by Holders with Other Holders. Securityholders may communicate pursuant to Trust Indenture Act §
312(b) with other Securityholders with respect to their rights under this Indenture or the Securities. The Company, any Guarantor, the Trustee, the Registrar and anyone else shall have the protection of Trust Indenture Act § 312(c). 

 

 -112- 

 SECTION 13.04. Certificate and Opinion as to Conditions Precedent. Upon any request
or application by the Company to the Trustee to take or refrain from taking any action under this Indenture, the Company shall furnish to the Trustee: 

(1) an Officer’s Certificate in form and substance reasonably satisfactory to the Trustee stating that, in the
opinion of the signer, all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 

(2) an Opinion of Counsel in form and substance reasonably satisfactory to the Trustee stating that, in the opinion of
such counsel, all such conditions precedent have been complied with. 
 SECTION 13.05. Statements Required in Certificate or
Opinion. Each certificate or opinion with respect to compliance with a covenant or condition provided for in this Indenture shall include: 

(1) a statement that the individual making such certificate or opinion has read such covenant or condition; 

(2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions
contained in such certificate or opinion are based; 
 (3) a statement that, in the opinion of such individual,
he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(4) a statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied
with. 
 SECTION 13.06. When Securities Disregarded. In determining whether the Holders of the required principal amount
of Securities have concurred in any direction, waiver or consent, Securities owned by the Company or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company shall be disregarded
and deemed not to be outstanding, except that, for the purpose of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities which the Trustee knows are so owned shall be so disregarded.
Also, subject to the foregoing, only Securities outstanding at the time shall be considered in any such determination. 

SECTION 13.07. Rules by Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting of
Securityholders. The Registrar and the Paying Agent may make reasonable rules for their functions. 
  

 -113- 

 SECTION 13.08. Legal Holidays. If a payment date is not a Business Day, payment shall
be made on the next succeeding Business Day, and no interest shall accrue for the intervening period. If a regular record date is a not a Business Day, the record date shall not be affected. 

SECTION 13.09. Governing Law. This Indenture and the Securities shall be governed by, and construed in accordance with, the laws
of the State of New York. 
 SECTION 13.10. No Recourse Against Others. A director, officer, employee, incorporator
or stockholder, as such, of the Company or any Guarantor shall not have any liability for any obligations of the Company under the Securities or this Indenture or of such Guarantor under its Guaranty or this Indenture for any claim based on, in
respect of or by reason of such obligations or their creation. By accepting a Security, each Securityholder shall waive and release all such liability. The waiver and release shall be part of the consideration for the issue of the Securities.

 SECTION 13.11. Successors. All agreements of the Company in this Indenture and the Securities shall bind its
successors. All agreements of the Trustee in this Indenture shall bind its successors. 
 SECTION 13.12. Multiple
Originals. The parties may sign any number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. 

SECTION 13.13. Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and Sections
of this Indenture have been inserted for convenience of reference only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions hereof. 

SECTION 13.14. Indenture Controls. If and to the extent that any provision of the Securities conflicts with a provision of this
Indenture, such provision of this Indenture shall control. 
 SECTION 13.15. Severability. In case any provision in this
Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and such provision shall be ineffective only to the extent of such
invalidity, illegality or unenforceability. 
 SECTION 13.16. Qualification of Indenture. The Company and the Guarantors
shall qualify this Indenture under the Trust Indenture Act in accordance with the terms and conditions of the Registration Rights Agreement and shall pay all reasonable costs and expenses (including attorneys’ fees and expenses for the Company,
the Guarantors and the Trustee) incurred in connection therewith, including, but not limited to, costs and expenses of qualification of this Indenture and the Securities and printing this Indenture and the Securities. The Trustee shall be entitled
to receive from the Company and the Guarantors any such Officer’s Certificates, Opinions of Counsel or other documentation as it may reasonably request in connection with any such qualification of this Indenture under the Trust Indenture Act.

  

 -114- 

 SECTION 13.17. No Adverse Interpretation of Other Agreements. This Indenture may not
be used to interpret another indenture, loan, security or debt agreement of the Company or any Subsidiary thereof. No such indenture, loan, security or debt agreement may be used to interpret this Indenture. 

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

[Signature pages follow] 
  

 -115- 

			
	CSA ESCROW CORPORATION
		
	By:	 	 /s/ Allen J. Campbell

	Name:	 	Allen J. Campbell
	Title:	 	President

  

 -116- 

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ James Kowalski

	Name:	 	James Kowalski
	Title:	 	Vice President

  

 -117- 

 EXHIBIT A 

[FORM OF FACE OF INITIAL SECURITY] 

[Insert the Global Security Legend, if applicable pursuant to the provisions of the Indenture] 

[Insert the Private Placement Legend, if applicable pursuant to the provisions of the Indenture] 

[Insert the Regulation S Temporary Global Security Legend, if applicable pursuant to the provisions of the Indenture] 

 [Form of Initial Security] 

 

			
	No.	 	$            
		 	 CUSIP
No. [            
]1

ISIN
No. [            
]2

CSA ESCROW CORPORATION 

8 
1/2% Senior Notes due 2018 

CSA Escrow Corporation, a Delaware corporation, promises to pay to
[                    ], or registered assigns, the principal sum of [        ] DOLLARS [the amount listed on
the Schedule of Increases or Decreases in Global Security attached
hereto]3 on May 1, 2018. 

Interest Payment Dates: May 1 and November 1. 

Record Dates: April 15 and October 15. 

Additional provisions of this Security are set forth on the other side of this Security. 

[Signature page follows] 

 

	1
	 Rule 144A: 12629Y AA9 

	          Reg	S: U2287A AA2 

	2
	 Rule 144A: US12629YAA91 

	          Reg	S: USU2287AAA26 

	3
	 Use the Schedule of Increases and Decreases language if Security is in Global Form. 

 

 -2- 

 Dated: May 11, 2010 

 

			
	 CSA ESCROW CORPORATION

		
	 By:
	 	  

	Name:	 	
	Title:	 	

  

 -3- 

 Dated: May 11, 2010 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
  

			
	U.S. BANK NATIONAL ASSOCIATION,
		 	 as Trustee, certifies that this is one of the Securities referred to in the Indenture.

		
	 By
	 	  

		 	 Authorized Signatory

  

 -4- 

 [FORM OF REVERSE SIDE OF INITIAL SECURITY] 

8 
1/2% Senior Note due 2018 
  

	1.	Interest 

 Prior to the
consummation of the Assumption (as defined in the Indenture), the references in this Security to the “Company” refers to CSA Escrow Corporation, a Delaware corporation. After the consummation of the Assumption, the references in this
Security to the “Company” refer only to Cooper-Standard Automotive Inc., an Ohio corporation. 
 The Company promises
to pay interest on the principal amount of this Security at the rate per annum shown above; provided, however, that if a default under Section 2(e) or Section 2(f) of the Registration Rights Agreement occurs, additional
interest will accrue on this Security at a rate of 0.25% per annum (increasing by an additional 0.25% per annum after each consecutive 90-day period that occurs after the date on which such default occurs up to a maximum additional
interest rate of 1.00% per annum) from and including the date on which any such default shall occur to but excluding the date on which all such defaults have been cured. The Company will pay interest semiannually on May 1 and
November 1 of each year, commencing November 1, 2010. Interest on the Securities will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from May 11, 2010. Interest will be computed on
the basis of a 360-day year of twelve 30-day months. 
  

	2.	Method of Payment 

 The
Company will pay interest on the Securities (except defaulted interest) to the Persons who are registered holders of Securities at the close of business on the April 15 or October 15 next preceding the interest payment date even if
Securities are canceled after the record date and on or before the interest payment date. Holders must surrender Securities to a Paying Agent to collect principal payments. The Company will pay principal (and premium, if any) and interest in money
of the United States that at the time of payment is legal tender for payment of public and private debts. Payments in respect of the Securities represented by a Global Security (including principal, premium and interest) will be made by wire
transfer of immediately available funds to the accounts specified by the Depositary. The Company will make all payments in respect of a certificated Security (including principal, premium and interest) by mailing a check to the registered address of
each Holder thereof; provided, however, that payments on a certificated Security may be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire
transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its
discretion). 
  

	3.	Paying Agent and Registrar 

Initially, U.S. Bank National Association, a national banking association (the “Trustee”), will act as Paying Agent and
Registrar. The Company may appoint and change any Paying Agent, Registrar or co-registrar without notice. The Company or any of its domestically incorporated Wholly Owned Subsidiaries may act as Paying Agent, Registrar or co-registrar. 

	4.	Indenture 

 The Company
issued the Securities under an Indenture dated as of May 11, 2010 (as amended, modified and supplemented, the “Indenture”), between the Company and the Trustee. The terms of the Securities include those stated in the Indenture and
those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date of the Indenture (the “Act”). Terms defined in the Indenture and not defined herein have
the meanings ascribed thereto in the Indenture. The Securities include all such terms, and Securityholders are referred to the Indenture and the Act for a statement of those terms. 

The Securities are senior unsecured obligations of the Company. The Company shall be entitled, subject to its compliance with
Section 4.03 of the Indenture, to issue Additional Securities pursuant to Section 2.13 of the Indenture. The Initial Securities issued on the Issue Date, any Additional Securities and all Exchange Securities issued in exchange therefor
will be treated as a single class for all purposes under the Indenture. The Indenture contains covenants that, among other things, limit the ability of the Company and its subsidiaries to incur additional indebtedness; pay dividends or distributions
on, or redeem or repurchase capital stock; make investments; engage in transactions with affiliates; transfer or sell assets; guarantee indebtedness; restrict dividends or other payments of subsidiaries; and consolidate, merge or transfer all or
substantially all of its assets and the assets of its subsidiaries. These covenants are subject to important exceptions and qualifications. 
  

	5.	Optional Redemption 

Except as set forth below, the Company shall not be entitled to redeem the Securities. 

On and after May 1, 2014, the Company shall be entitled at its option to redeem all or a portion of the Securities upon not less
than 30 nor more than 60 days’ notice, at the redemption prices (expressed in percentages of principal amount on the redemption date), plus accrued and unpaid interest to the redemption date (subject to the right of Holders of record on the
relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period commencing on May 1 of the years set forth below: 

 

				
	 Period
	  	Redemption Price	 
	 2014
	  	104.250	% 
	 2015
	  	102.125	% 
	 2016 and thereafter
	  	100.000	% 

 Prior to
May 1, 2014, the Company will be entitled at its option to redeem all or any portion of the Securities at a redemption price equal to 100% of the principal amount of such 

 

 -2- 

 
Securities plus the Applicable Premium as of, and any accrued and unpaid interest to, the redemption date (subject to the right of the Securityholders on the relevant record date to receive
interest due on the relevant interest payment date). Notice of such redemption must be mailed by first-class mail to each Securityholder’s registered address, not less than 30 nor more than 60 days prior to the redemption date. 

Prior to May 1, 2013, the Company will be entitled at its option on one or more occasions to redeem the Securities (which includes
Additional Securities, if any) in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the Securities (which includes Additional Securities, if any) issued at a redemption price (expressed as a percentage of principal
amount) of 108.500%, plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more Equity Offerings (provided that, if the Equity Offering is an offering by Parent, a portion of the net cash proceeds
thereof equal to the amount required to redeem any such Securities is contributed to the equity capital of the Company or used to acquire Capital Stock of the Company (other than Disqualified Stock) from the Company); provided,
however, that: 
 (1) at least 50% of such aggregate principal amount of Securities issued on the Issue
Date remains outstanding immediately after the occurrence of each such redemption (other than Securities held, directly or indirectly, by the Company or its Affiliates); and 

(2) each such redemption occurs within 90 days after the date of the related Equity Offering. 

 

	6.	Special Mandatory Redemption 

The Securities will be subject to a mandatory redemption (a “Special Mandatory Redemption”) in the event that either
(i) the Release Date has not occurred on or prior to the Escrow End Date or (ii) prior to the Escrow End Date, the Company has determined, in its reasonable discretion, that the escrow conditions cannot be satisfied by such date (any such
date, a “Trigger Date”). The Company will cause the notice of Special Mandatory Redemption to be mailed no later than the next Business Day following the Trigger Date and will redeem the Securities five Business Days following the date of
the notice of redemption. The redemption price for any Special Mandatory Redemption will be the sum of 100% of the Gross Proceeds plus 1.0% of the aggregate principal amount of the Securities issued on the Issue Date, together with accrued and
unpaid interest on the Securities from the Issue Date up to but not including the date of the Special Mandatory Redemption (the “Special Mandatory Redemption Price”). 

If the Escrow Agent receives a notice of the Special Mandatory Redemption pursuant to the terms of the Securities, the Escrow Agent will
liquidate all Escrow Proceeds then held by it not later than the last Business Day prior to the date of the Special Mandatory Redemption. Concurrently with the release of the amounts necessary to fund the Special Mandatory Redemption to the Paying
Agent, the Escrow Agent will release any excess of Escrow Proceeds over the Special Mandatory Redemption Price to the Company, and the Company will be permitted to use such excess Escrow Proceeds at its discretion. 

 

 -3- 

 7. Selection and Notice of Redemption 

If the Company is redeeming less than all the Securities at any time, the Trustee will select Securities in compliance with the
requirements of the principal national securities exchange, if any, on which such Securities are listed, or, if such Securities are not so listed, on a pro rata basis or by lot or such similar method in accordance with the procedures of DTC;
provided that no Securities of $2,000 or less shall be purchased or redeemed in part. 
 The Company will cause notices
of redemption to be sent electronically or mailed by first-class mail or provided otherwise in accordance with the procedures of DTC at least 30 but not more than 60 days before the redemption date to each Holder of Securities to be redeemed at
its registered address, except that redemption notices may be sent or mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Securities or a satisfaction and discharge of the Indenture.
Notwithstanding anything to the contrary contained in the Indenture, notice of a redemption upon an Equity Offering may be made in advance of an Equity Offering, subject to one or more conditions precedent, including but not limited to the
consummation of such Equity Offering. 
 If any Security is to be redeemed in part only, the notice of redemption that relates
to that Security will state the portion of the principal amount thereof to be redeemed. The Company will issue a new Security in a principal amount equal to the unredeemed portion of the original Security in the name of the Holder upon cancellation
of the original Security. Securities called for redemption become due on the date fixed for redemption. On and after the redemption date, interest will cease to accrue on Securities or portions of them called for redemption. 

8. Put Provisions 
 Upon
a Change of Control after the Release Date, any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a repurchase price equal to 101% of the principal amount of the
Securities to be repurchased plus accrued and unpaid interest to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the related interest payment date) as provided in, and subject
to the terms of, the Indenture. 
 9. Guaranty 

The payment by the Company of the principal of, and premium and interest on, the Securities is fully and unconditionally guaranteed on a
joint and several senior basis by each of the Guarantors to the extent set forth in the Indenture. 
 10. Denominations; Transfer;
Exchange 
 The Securities are in registered form in minimum denominations of $2,000 principal amount and whole multiples of
$1,000 in excess thereof. A Holder may transfer or exchange Securities in accordance with the Indenture. The Registrar may require a Holder, among other things, to furnish appropriate endorsements or transfer documents and to pay any taxes and

  

 -4- 

 
fees required by law or permitted by the Indenture. The Registrar need not register the transfer of or exchange any Securities selected for redemption (except, in the case of a Security to be
redeemed in part, the portion of the Security not to be redeemed) or any Securities for a period of 15 days before a selection of Securities to be redeemed or between a record date and the next succeeding interest payment date. 

11. Persons Deemed Owners 

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

12. Unclaimed Money 
 If
money for the payment of principal (and premium, if any) or interest remains unclaimed for two years, the Trustee or Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person.
After any such payment, Holders entitled to the money must look only to the Company and not to the Trustee for payment. 
 13. Discharge and
Defeasance 
 Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its
obligations under the Securities and the Indenture if the Company deposits with the Trustee money or U.S. Government Obligations for the payment of principal (and premium, if any) and interest on the Securities to redemption or maturity, as the case
may be. 
 14. Amendment, Waiver 

Subject to certain exceptions set forth in the Indenture, (1) the Indenture and the Securities may be amended with the written
consent of the Holders of at least a majority in principal amount outstanding of the Securities and (2) any default or noncompliance with any provision may be waived with the written consent of the Holders of a majority in principal amount
outstanding of the Securities. Subject to certain exceptions set forth in the Indenture, without the consent of any Securityholder, the Company, Parent, the Subsidiary Guarantors and the Trustee shall be entitled to amend the Indenture or the
Securities (i) to cure any ambiguity, omission, defect, mistake or inconsistency; (ii) to provide for the Assumption and assumption by a successor corporation of the obligations of Parent, the Company or any Subsidiary Guarantor under such
Indenture; (iii) to provide for uncertificated Securities in addition to or in place of certificated Securities; (iv) to evidence and provide for the acceptance by a successor trustee; provided that the successor trustee is
otherwise qualified and eligible to act as such under the terms of the Indenture; (v) to add Guarantees with respect to the Securities, including any Subsidiary Guaranties, to release a Guarantor pursuant to the terms of the Indenture or to
otherwise comply with the provisions described under Article 11 of the Indenture or to secure the Securities; (vi) to add to the covenants of the Company or a Subsidiary Guarantor for the benefit of the Holders or to surrender any right or
power conferred upon the Company or a Subsidiary Guarantor; (vii) to comply with any requirements of the SEC in connection with the qualifying, or maintaining the 

 

 -5- 

 
qualification of, the Indenture under the Trust Indenture Act; (viii) to make any change that does not adversely affect the rights of any Holder; (ix) to provide for the issuance of
Additional Securities (and the grant of security for the benefit of Additional Securities) in accordance with the terms of the Indenture; (x) to make any amendment to the provisions of the Indenture relating to the transfer and legending of the
Securities; provided, however, that (a) compliance with the Indenture as so amended would not result in the Securities being transferred in violation of the Securities Act or any other securities law and (b) such amendment
does not materially and adversely affect the rights of the Holders to transfer the Securities under applicable securities laws; (xi) to conform the text of the Indenture, the Guarantees or the Securities to any provision of the
“Description of Notes” in the Offering Memorandum to the extent that such provision in the “Description of Notes” was intended to be a verbatim recitation of a provision of the Indenture, the Guarantees or the Securities;
(xii) to provide for the issuance of Exchange Securities in accordance with the terms of the Indenture; or (xiii) to comply with the rules of any applicable securities depositary. 

Without the consent of the Holders of at least 75% in aggregate principal amount of the Securities then outstanding, no amendment or
waiver may make any change to, or extend the time for performance under, the escrow release provisions described under Section 3.07 of the Indenture or Section 4.14 of the Indenture (including the definition of “Escrow End
Date”). 
 15. Defaults and Remedies 

Under the Indenture, Events of Default include (a) default for 30 days in payment of interest on the Securities;
(b) default in payment of principal on the Securities at maturity, upon redemption pursuant to paragraph 5 herein, upon the Special Mandatory Redemption, upon acceleration or otherwise, or failure by the Company to redeem or purchase
Securities when required; (c) failure to comply with Section 5.01 of the Indenture; (d) failure by the Company or any Significant Subsidiary to comply with other agreements in the Indenture (other than those referred to in clauses
(a) and (b) above) and such failure continues for 60 days after notice; (e) certain accelerations (including failure to pay within any grace period after final maturity) of other Indebtedness of the Company if the amount accelerated
(or so unpaid) exceeds $20.0 million; (f) certain events of bankruptcy or insolvency with respect to the Company, Parent and any Significant Subsidiaries; (g) certain judgments or decrees for the payment of money in excess of
$20.0 million; and (h) certain defaults with respect to the Parent Guaranty or any Subsidiary Guaranty. If an Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the Securities may
declare all the Securities to be due and payable immediately. Certain events of bankruptcy or insolvency are Events of Default which will result in the Securities being due and payable immediately upon the occurrence of such Events of Default.

 Securityholders may not enforce the Indenture or the Securities except as provided in the Indenture. The Trustee may refuse
to enforce the Indenture or the Securities unless it receives indemnity or security satisfactory to it. Subject to certain limitations, Holders of a majority in principal amount of the Securities may direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Securityholders notice of any continuing Default (except a Default in payment of principal or interest) if it determines that withholding notice is in the interest of the Holders. 

 

 -6- 

 16. Trustee Dealings with the Company 

Subject to certain limitations imposed by the Trust Indenture Act, 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 and collect obligations owed to it by the Company or its Affiliates and may otherwise deal with the Company or its Affiliates with the same rights it would have if
it were not Trustee. 
 17. No Recourse Against Others 

A director, officer, employee, incorporator or stockholder, as such, of the Company or any Guarantor or the Trustee shall not have any
liability for any obligations of the Company or any Guarantor under the Securities, the Indenture, any Guaranty or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security, each Securityholder
waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Securities. 
 18.
Authentication 
 This Security shall not be valid until an authorized signatory of the Trustee (or an authenticating
agent) manually or by facsimile signs the certificate of authentication on the other side of this Security. 
 19. Abbreviations

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

20. CUSIP Numbers 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures the Company has caused CUSIP and
ISIN numbers to be printed on the Securities and has directed the Trustee to use CUSIP and ISIN numbers in notices of redemption as a convenience to Securityholders. No representation is made as to the accuracy of such numbers either as printed on
the Securities or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. 
  

 -7- 

 21. Holders’ Compliance with Registration Rights Agreement 

Each Holder of a Security, by acceptance hereof, acknowledges and agrees to the provisions of the Registration Rights Agreement, including
the obligations of the Holders with respect to a registration and the indemnification of the Company to the extent provided therein. 
 22.
Governing Law 
 THIS SECURITY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
NEW YORK. 
  

 -8- 

  

ASSIGNMENT FORM 
 To assign this
Security, fill in the form below: 
 I or we assign and transfer this Security to 

 

			
	  
 (Print or
type assignee’s name, address and zip code)
	  	
		  	
	  
 (Insert
assignee’s soc. sec. or tax I.D. No.)
	  	

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

 

											
	 	 	 	 	 	
	 Date:
	 	  
	  	Your Signature:	  	  
	  		  	
						
	 	 	 	  	 	  	 	  	 	  	

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

In connection with any transfer of any of the Securities evidenced by this certificate occurring prior to the expiration of the period referred to in
Rule 144(d)(1) under the Securities Act after the later of the date of original issuance of such Securities and the last date, if any, on which such Securities were owned by the Company or any Affiliate of the Company, the undersigned
confirms that such Securities are being transferred in accordance with its terms: 
 CHECK ONE BOX BELOW 

to the Company; or 
  

	 	(1)	pursuant to an effective registration statement under the Securities Act of 1933; or 

 

	 	(2)	inside the United States to a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933) that purchases for its own
account or for the account of a qualified institutional buyer to whom notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with Rule 144A under the Securities Act of 1933; or

  

	 	(3)	outside the United States in an offshore transaction within the meaning of Regulation S under the Securities Act in compliance with Rule 904 under the
Securities Act of 1933; or 

  

	 	(4)	pursuant to the exemption from registration provided by Rule 144 under the Securities Act of 1933. 

 

 -9- 

 Unless one of the boxes is checked, the Trustee will refuse to register any of the
Securities evidenced by this certificate in the name of any person other than the registered holder thereof; provided, however, that if box (4) is checked, the Trustee shall be entitled to require, prior to registering any such
transfer of the Securities, such legal opinions, certifications and other information as the Company has reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act of 1933, such as the exemption provided by Rule 144 under such Act. 
  

							
		 		  	  
	  	
		 		  	Signature	  	
				
	 Signature Guarantee:
  
	 		  	  
	  	
	 Signature must be guaranteed
	 		  	Signature	  	

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the
requirements of the 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 Registrar in
addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 
  

 
  

 -10- 

 TO BE COMPLETED BY PURCHASER IF (2) ABOVE IS CHECKED. 

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

					
	Dated:	  	  
	  	
		  	Notice: To be executed by an executive officer	  	

  

 -11- 

 [TO BE ATTACHED TO GLOBAL SECURITIES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL SECURITY 

The initial principal amount of this Global Security is $        . The following increases
or decreases in this Global Security have been made: 
  

									
	 Date of

Exchange
	 	Amount of
decrease 
in
principal
amount of 
this
Global Security	 	Amount of
increase
in
principal
amount of this
Global Security	 	Principal
amount of this
Global 
Security
following such
decrease
or
increase	 	Signature
of
authorized

officer of
Trustee
or
Securities
Custodian

 
  

 -12- 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Security purchased by the Company pursuant to Section 4.06 (Asset Sale) or 4.09 (Change of
Control) of the Indenture, check the box: [    ] 
 If you want to elect to have only part of this Security
purchased by the Company pursuant to Section 4.06 (Asset Sale) or 4.09 (Change of Control) of the Indenture, state the amount in principal amount: ($2,000 or an integral multiple of $1,000 thereof):
$[        ] 
  

					
	Dated:                         	  	Your Signature:                        
                                         

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

  

	
	Signature Guarantee:
                                         
                                         
                                         
                 
	(Signature must be guaranteed)

Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the 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 Registrar in addition to, or in substitution for,
STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 
  

 -13- 

 EXHIBIT B 

Form of Certificate of Transfer 

[            ], [    ] 

Corporate Trust Services 
 U.S. Bank National
Association 
 535 Griswold Street, Suite 550 

Detroit, MI 48226 
 Ladies and Gentlemen:

 Reference is hereby made to the Indenture, dated as of May 11, 2010 (the “Indenture”), between the
Company and the Trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. 

                     (the
“Transferor”) owns and proposes to transfer the Securit[y/ies] or interest in such Securit[y/ies] specified in Annex A hereto, in the principal amount of $         in such
Securit[y/ies] or interests (the “Transfer”), to                      (the “Transferee”), as further
specified in Annex A hereto. In connection with the Transfer, the Transferor hereby certifies that: 
 [CHECK ALL
THAT APPLY] 
 1. [ ] CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE 144A GLOBAL SECURITY OR A
DEFINITIVE SECURITY PURSUANT TO RULE 144A. The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and, accordingly, the
Transferor hereby further certifies that the beneficial interest or Definitive Security is being transferred to a Person that the Transferor reasonably believes is purchasing the beneficial interest or Definitive Security for its own account, or for
one or more accounts with respect to which such Person exercises sole investment discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A in a transaction meeting the
requirements of Rule 144A and such Transfer is in compliance with any applicable blue sky securities laws of any state of the United States. 

2. [ ] CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE REGULATION S GLOBAL SECURITY OR A DEFINITIVE SECURITY
PURSUANT TO REGULATION S. The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly, the Transferor hereby further certifies that (i) the Transfer is not being made to a
person in the United States and (x) at the time the buy order was originated, the Transferee was outside the United States or such Transferor and any Person acting on its behalf reasonably believed and believes that the Transferee was outside
the United States or (y) the transaction was executed in, on or through the facilities of a designated offshore securities market and neither such Transferor nor any Person acting on its behalf knows that the transaction was prearranged with a
buyer in the 

 
United States, (ii) no directed selling efforts have been made in contravention of the requirements of Rule 903(b) or Rule 904(b) of Regulation S under the Securities Act (iii) the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act and (iv) if the proposed transfer is being made prior to the expiration of the Restricted Period, the transfer is not being made to a U.S.
Person or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Upon consummation of the proposed transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will be
subject to the restrictions on Transfer enumerated in the Indenture and the Securities Act. 
 3. [ ] CHECK AND COMPLETE IF
TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE DEFINITIVE SECURITY PURSUANT TO ANY PROVISION OF THE SECURITIES ACT OTHER THAN RULE 144A OR REGULATION S. The Transfer is being effected in compliance with the transfer restrictions
applicable to beneficial interests in Restricted Global Securities and Restricted Definitive Securities and pursuant to and in accordance with the Securities Act and any applicable blue sky securities laws of any state of the United States, and
accordingly the Transferor hereby further certifies that (check one): 
 (a) [ ] such Transfer is being effected pursuant to and
in accordance with Rule 144 under the Securities Act; 
 or 

(b) [ ] such Transfer is being effected to the Company, the Parent Guarantor or a subsidiary thereof; 

or 
 (c) [ ] such
Transfer is being effected pursuant to an effective registration statement under the Securities Act and in compliance with the prospectus delivery requirements of the Securities Act. 

4. [ ] CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL SECURITY OR OF AN UNRESTRICTED
DEFINITIVE SECURITY. 
 (a) [ ] CHECK IF TRANSFER IS PURSUANT TO RULE 144. (i) The Transfer is being effected pursuant to
and in accordance with Rule 144 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the United States and (ii) the restrictions on
transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred
beneficial interest or Definitive Security will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities, on Restricted Definitive Securities and in the Indenture.

 (b) [ ] CHECK IF TRANSFER IS PURSUANT TO REGULATION S. (i) The Transfer is being effected pursuant to and in accordance
with Rule 903 or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the United States and (ii) the restrictions on transfer
contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred
beneficial interest or Definitive Security will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities, on Restricted Definitive Securities and in the Indenture.

 (c) [ ] CHECK IF TRANSFER IS PURSUANT TO OTHER EXEMPTION. (i) The Transfer is being
effected pursuant to and in compliance with an exemption from the registration requirements of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer restrictions contained in the Indenture and any
applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act.
Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will not be subject to the restrictions on transfer enumerated in the Private Placement Legend
printed on the Restricted Global Securities or Restricted Definitive Securities and in the Indenture. 
 This certificate and
the statements contained herein are made for your benefit and the benefit of the Company. 
  

			
		 	[Insert Name of Transferor]
		
	 By:
	 	  

	Name:	 	
	Title:	 	

 Dated:
                     

 ANNEX A TO CERTIFICATE OF TRANSFER 

 

													
			
		 	1.	  	The Transferor owns and proposes to transfer the following:
			
		 		  	                    [CHECK ONE OF (a) OR (b)]
				
		 	(a)	  	 ̈	  	a beneficial interest in the:
						
		 		  		  	(i)	  	 ̈	  	144A Global Note (CUSIP             ), or
						
		 		  		  	(ii)	  	 ̈	  	Regulation S Global Note (CUSIP             ), or
				
		 	(b)	  	 ̈	  	a Restricted Definitive Note.
			
		 	2.	  	After the Transfer the Transferee will hold:
						
		 		  		  		  		  	            [CHECK ONE]

											
				
		 	(a)	  	 ̈	  	a beneficial interest in the:

													
						
		 		  		  	(i)	  	 ̈	  	144A Global Note (CUSIP             ), or
						
		 		  		  	(ii)	  	 ̈	  	Regulation S Global Note (CUSIP             ), or
						
		 		  		  	(iii)	  	 ̈	  	Unrestricted Global Note (CUSIP             ); or
				
		 	(b)	  	 ̈	  	a Restricted Definitive Note; or
				
		 	(c)	  	 ̈	  	an Unrestricted Definitive Note,
		
		 	in accordance with the terms of the Indenture.

 EXHIBIT C 

Form of Certificate of Exchange 

[            ] [    ],
[        ] 
 U.S. Bank National Association 

U.S. Bank National Association 
 535 Griswold
Street, Suite 550 
 Detroit, MI 48226 
  

					
		  	Re:	  	CSA Escrow Corporation
		  		  	8 
1/2% Senior Notes due 2018 (the
“Securities”).

 Ladies and Gentlemen: 

Reference is hereby made to the Indenture dated as of May 11, 2010 (the “Indenture”) between the Company and the
Trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. 

                      
          (the “Owner”) owns and proposes to exchange the Securit[y/ies] or interest in such Securit[y/ies] specified herein, in the principal amount of
$        in such Securit[y/ies] or interests (the “Exchange”). In connection with the Exchange, the Owner hereby certifies that: 

(1) EXCHANGE OF RESTRICTED DEFINITIVE SECURITIES OR BENEFICIAL INTERESTS IN A RESTRICTED GLOBAL SECURITY FOR UNRESTRICTED DEFINITIVE
SECURITIES OR BENEFICIAL INTERESTS IN AN UNRESTRICTED GLOBAL SECURITY 
 (a) [ ] CHECK IF EXCHANGE IS FROM
BENEFICIAL INTEREST IN A RESTRICTED GLOBAL SECURITY TO BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL SECURITY. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Security for a beneficial interest in an
Unrestricted Global Security in an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with
the transfer restrictions applicable to the Global Securities and pursuant to and in accordance with the United States Securities Act of 1933, as amended (the “Securities Act”), (iii) the restrictions on transfer contained in
the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted Global Security is being acquired in compliance with any applicable blue
sky securities laws of any state of the United States. 
 (b) [ ] CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST
IN A RESTRICTED GLOBAL SECURITY TO UNRESTRICTED DEFINITIVE SECURITY. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Security for an Unrestricted Definitive Security, the Owner hereby certifies
(i) the Definitive Security is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in 

 
compliance with the transfer restrictions applicable to the Restricted Global Securities and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer
contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Definitive Security is being acquired in compliance with any applicable blue sky securities laws
of any state of the United States. 
 (c) [ ] CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE SECURITY TO
BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL SECURITY. In connection with the Owner’s Exchange of a Restricted Definitive Security for a beneficial interest in an Unrestricted Global Security, the Owner hereby certifies (i) the beneficial
interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Securities and pursuant to and in accordance
with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest is being
acquired in compliance with any applicable blue sky securities laws of any state of the United States. 
 (d) [ ]
CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE SECURITY TO UNRESTRICTED DEFINITIVE SECURITY. In connection with the Owner’s Exchange of a Restricted Definitive Security for an Unrestricted Definitive Security, the Owner hereby certifies
(i) the Unrestricted Definitive Security is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Securities
and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the
Unrestricted Definitive Security is being acquired in compliance with any applicable blue sky securities laws of any state of the United States. 

(2) EXCHANGE OF RESTRICTED DEFINITIVE SECURITIES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL SECURITIES FOR RESTRICTED DEFINITIVE
SECURITIES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL SECURITIES 
 (a) [ ] CHECK IF EXCHANGE IS FROM
BENEFICIAL INTEREST IN A RESTRICTED GLOBAL SECURITY TO RESTRICTED DEFINITIVE SECURITY. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Security for a Restricted Definitive Security with an equal
principal amount, the Owner hereby certifies that the Restricted Definitive Security is being acquired for the Owner’s own account without transfer. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the
Restricted Definitive Security issued will continue to be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Definitive Security and in the Indenture and the Securities Act. 

(b) [ ] CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE SECURITY TO BENEFICIAL INTEREST IN A RESTRICTED GLOBAL SECURITY.
In connection with the Exchange of the Owner’s Restricted Definitive Security for a beneficial interest in the [CHECK ONE] [ ] 144A Global Security [ ] Regulation S Global Security, with an equal principal amount, the Owner hereby certifies
(i) the beneficial interest is being acquired for the Owner’s own account without transfer and (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global Securities and
pursuant to and in 

 accordance with the Securities Act, and in compliance with any applicable
blue sky securities laws of any state of the United States. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the beneficial interest issued will be subject to the restrictions on transfer enumerated in the
Private Placement Legend printed on the relevant Restricted Global Security and in the Indenture and the Securities Act. 
 This
certificate and the statements contained herein are made for your benefit and the benefit of the Company and are dated                     .

  

			
	
                    [Insert Name of
Transferor]

		
	By:	 	  

	Name:	 	
	Title:	 	

 Dated:
                     

 EXHIBIT D 

[FORM OF SUPPLEMENTAL INDENTURE RELATED TO SUBSIDIARY GUARANTORS] 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of
[                    ], among [GUARANTOR] (the “New Guarantor”), CSA ESCROW CORPORATION, a Delaware corporation (to be merged with
and into COOPER-STANDARD AUTOMOTIVE INC, an Ohio corporation, as the surviving entity) (the
“Company”),4 and U.S. BANK NATIONAL
ASSOCIATION, a national banking association, as trustee under the indenture referred to below (the “Trustee”). 

W I T N E S S E T H : 

WHEREAS the Company has heretofore executed and delivered to the Trustee an indenture (as amended, supplemented or
otherwise modified, the “Indenture”) dated as of May 11, 2010, as supplemented, providing for the issuance of the Company’s $450,000,000 aggregate principal amount of
8 1/2% Senior Notes due 2018 ( the
“Securities”); 
 WHEREAS Section 4.10 of the Indenture provides that under certain circumstances
the Company is required to cause the New Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee all the Company’s Obligations under the Securities and the
Indenture pursuant to a Guarantee on the terms and conditions set forth herein; and 
 WHEREAS pursuant to Section 9.01 of
the Indenture, the Trustee, the Company and other existing Guarantors, if any, are authorized to execute and deliver this Supplemental Indenture; 

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

1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or
recital hereto are used herein as therein defined, except that the term “holders” in this Supplemental Indenture shall refer to the term “holders” as defined in the Indenture and the Trustee acting on behalf of and
for the benefit of such holders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and
not to any particular section hereof. 
  
  

	4
	 Delete this reference if supplemental indenture Exhibit E is signed prior to signing of this Supplemental Indenture. 

 2. Agreement to Guarantee. The New Guarantor hereby agrees, jointly
and severally with all existing guarantors (if any), to unconditionally guarantee the Company’s Obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in Article 11 of the Indenture and to be
bound by all other applicable provisions of the Indenture and the Securities and to perform all of the obligations and agreements of a guarantor under the Indenture. 

3. Notices. All notices or other communications to the New Guarantor shall be given as provided in
Section 13.02 of the Indenture. 
 4. Ratification of Indenture; Supplemental Indentures Part of
Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of
the Indenture for all purposes, and every holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby. 

5. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK. 
 6. Trustee Makes No Representation. The Trustee makes no representation
as to the validity or sufficiency of this Supplemental Indenture. 
 7. Counterparts. The parties may sign
any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 

8. Effect of Headings. The Section headings herein are for convenience only and shall not effect the construction
thereof. 

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

			
	[NEW GUARANTOR]
		
	 By:
	 	  

	Name:	 	
	Title:	 	
	
	 U.S. BANK NATIONAL ASSOCIATION

as Trustee

		
	 By:
	 	  

	Name:	 	
	Title:	 	

 EXHIBIT E 

[FORM OF SUPPLEMENTAL INDENTURE RELATED TO ASSUMPTION] 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of
[            ], 2010, among COOPER-STANDARD AUTOMOTIVE INC., an Ohio corporation (the “New Company”), COOPER-STANDARD HOLDINGS INC., a Delaware corporation (the
“Parent Guarantor”), the subsidiaries of the New Company set forth on the signature page hereto (together with the Parent Guarantor, the “Guarantors”) and U.S. BANK NATIONAL ASSOCIATION, a national banking
association, as trustee under the indenture referred to below (the “Trustee”). 
 W I T N E S S E T H :

 WHEREAS CSA Escrow Corporation (the “Company”) has heretofore executed and delivered to
the Trustee an indenture (as amended, supplemented or otherwise modified, the “Indenture”) dated as of May 11, 2010, providing for the issuance of the Company’s (i) $450,000,000 aggregate principal amount of the
8 1/2% Senior Notes due 2018 (the
“Securities”); 
 WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee, the New Company
and the Guarantors are authorized to execute and deliver this Supplemental Indenture; 
 NOW THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the New Company, the Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Securities as
follows: 
 1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in
the preamble or recital hereto are used herein as therein defined, except that the term “holders” in this Supplemental Indenture shall refer to the term “holders” as defined in the Indenture and the Trustee acting
on behalf of and for the benefit of such holders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture
as a whole and not to any particular section hereof. 
 2. Agreement to Assume Obligations. The New
Company hereby agrees to unconditionally assume the Company’s Obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in the Indenture and to be bound by all applicable provisions of the Indenture
and the Securities and to perform all of the obligations and agreements of the Company under the Indenture. 
 3.
Agreement to Guarantee. The Guarantors hereby agree, jointly and severally, with all existing guarantors (if any), to unconditionally guarantee the New Company’s Obligations under the Securities and the Indenture on the terms and subject
to the conditions set forth in Article 11 of the Indenture and to be bound by all other applicable provisions of the Indenture and the Securities and to perform all of the obligations and agreements of a guarantor under the Indenture. 

 4. Notices. All notices or other communications to the New Company
and the Guarantors shall be given as provided in Section 13.02 of the Indenture. 
 5. Ratification of
Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This
Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby. 

6. Release of Obligations of Escrow Company. Upon execution of this Supplemental Indenture by the New Company and
the Trustee, CSA Escrow Corporation is released and discharged from all obligations under the Indenture and the Securities. 

7. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK. 
 8. Trustee Makes No Representation. The Trustee makes no representation
as to the validity or sufficiency of this Supplemental Indenture. 
 9. Counterparts. The parties may sign
any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 

10. Effect of Headings. The Section headings herein are for convenience only and shall not effect the construction
thereof. 

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

			
	COOPER-STANDARD AUTOMOTIVE INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	COOPER-STANDARD HOLDINGS INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	[GUARANTORS]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 U.S. BANK NATIONAL ASSOCIATION

as Trustee

		
	By:	 	  

	Name:	 	
	Title:	 	

 Acknowledged by: 

CSA ESCROW CORPORATION 
  

			
	 By:
	 	  

	Name:	 	
	Title:Registration Rights Agreement

 Exhibit 4.3 

REGISTRATION RIGHTS AGREEMENT 

This Registration Rights Agreement (this “Agreement”) is made and entered into as of May 11,
2010, by and among CSA Escrow Corporation, a Delaware corporation (the “Escrow Corporation”), and Deutsche Bank Securities Inc. (“DBSI”), as representative of the several initial purchasers listed on Schedule 1
to the Purchase Agreement (as defined below) (collectively, the “Initial Purchasers”), each of whom has agreed to purchase a portion of the $450,000,000 aggregate principal amount of the Company’s
8 1/2% Senior Notes due 2018 (the “Initial
Notes”) to be guaranteed by the Guarantors (the “Guarantees”) pursuant to the Purchase Agreement. The Initial Notes and the Guarantees are herein collectively referred to as the “Securities.” On the Release
Date, Cooper-Standard Automotive Inc., a Delaware corporation (the “Company”), Cooper-Standard Holdings Inc. (the “Parent Guarantor”) and the Subsidiary Guarantors (as defined in the Purchase Agreement) will execute
a joinder agreement in the form of Exhibit A (the “Joinder Agreement”) pursuant to which the Company, the Parent Guarantor and the Subsidiary Guarantors will become party to this Agreement. 

This Agreement is made pursuant to the Purchase Agreement, dated April 29, 2010 (the “Purchase Agreement”), among
the Escrow Corporation, the Company, the Parent Guarantor and the Initial Purchasers (i) for the benefit of the Initial Purchasers and (ii) for the benefit of the holders from time to time of the Securities, including the Initial
Purchasers. In order to induce the Initial Purchasers to purchase the Securities, the Company has agreed to provide the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the obligations
of the Initial Purchasers set forth in Section 7(h) of the Purchase Agreement. 
 For purposes of this Agreement only
(x) prior to the Release Date references to “Company” shall be deemed references to CSA Escrow Corporation and (y) on and after the Release Date references to the “Company” shall be deemed a reference to Cooper-Standard
Automotive Inc. 
 In consideration of the foregoing, the parties hereto agree as follows: 

1. Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Business Day” shall mean any day that is not a Saturday, Sunday or other day on which commercial banks
in New York City are authorized or required by law to remain closed. 
 “Company” shall have the
meaning set forth in the preamble and shall also include the Company’s successors. 

“DBSI” shall have the meaning set forth in the preamble. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time. 

“Exchange Dates” shall have the meaning set forth in Section 2(a)(ii) hereof. 

 “Exchange Offer” shall mean the exchange offer by the
Company and the Guarantors of Exchange Securities for Registrable Securities pursuant to Section 2(a) hereof. 

“Exchange Offer Registration” shall mean a registration under the Securities Act effected pursuant to
Section 2(a) hereof. 
 “Exchange Offer Registration Statement” shall mean an exchange
offer registration statement on Form S-4 (or, if applicable, on another appropriate form) and all amendments and supplements to such registration statement, in each case including the Prospectus contained therein or deemed a part thereof, all
exhibits thereto and any document incorporated by reference therein. 
 “Exchange Securities”
shall mean senior notes issued by the Company and guaranteed by the Guarantors under the Indenture containing terms identical to the Securities (except that the Exchange Securities will not be subject to restrictions on transfer or to any increase
in annual interest rate for failure to comply with this Agreement) and to be offered to Holders of Securities in exchange for Securities pursuant to the Exchange Offer. 

“Free Writing Prospectus” shall mean each free writing prospectus (as defined in Rule 405 under the
Securities Act) prepared by or on behalf of the Company or used or referred to by the Company in connection with the sale of the Securities or the Exchange Securities. 

“Guarantee” shall mean the guarantee of the Securities and Exchange Securities by any Guarantor under the
Indenture. 
 “Guarantors” shall mean, on the Release Date upon execution and delivery of the
Joinder Agreement, the Parent Guarantor and the Subsidiary Guarantors. 
 “Holders” shall mean
the Initial Purchasers, for so long as they own any Registrable Securities, and each of their successors, assigns and direct and indirect transferees who become owners of Registrable Securities under the Indenture; provided that for purposes
of Sections 4 and 6 of this Agreement, the term “Holders” shall include Participating Broker-Dealers. 

“Holders’ Inspector” shall have the meaning set forth in Section 3(a)(xiv) hereof. 

“Indemnified Person” shall have the meaning set forth in Section 6(c) hereof. 

“Indemnifying Person” shall have the meaning set forth in Section 6(c) hereof. 

“Indenture” shall mean the Indenture relating to the Securities dated as of May 11, 2010 between the
Escrow Corporation and U.S. Bank National Association, as trustee (the “Trustee”), as the same may be supplemented or amended from time to time in accordance with the terms thereof. 

“Information” shall have the meaning set forth in Section 3(a)(xiv) hereof. 

 “Initial Purchasers” shall have the meaning set forth in
the preamble. 
 “Inspectors” shall have the meaning set forth in Section 3(a)(xiv) hereof.

 “Issue Date” shall mean May 11, 2010. 

“Issuer Information” shall have the meaning set forth in Section 6(a) hereof. 

“Market Maker” shall have the meaning set forth in Section 5(a) hereof. 

“Market Maker’s Information” shall have the meaning set forth in Section 5(d) hereof.

 “Market Making Registration Statement” shall mean the registration statement referred to in
Section 5(a)(i) hereof and all amendments and supplements to any such registration statement, including post-effective amendments, in each case including the Prospectus contained therein or deemed a part thereof, all exhibits thereto and any
document incorporated by reference therein. 
 “Majority Holders” shall mean the Holders of a
majority of the aggregate principal amount of the outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, any Registrable
Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount; and provided, further,
that if the Company shall issue any additional Securities under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, such additional Securities and the Registrable
Securities to which this Agreement relates shall be treated together as one class for purposes of determining whether the consent or approval of Holders of a specified percentage of Registrable Securities has been obtained. 

“Parent Guarantor” shall have the meaning set forth in the preamble and shall also include the Parent
Guarantor’s successors. 
 “Participating Broker-Dealers” shall have the meaning set forth
in Section 4(a) hereof. 
 “Person” shall mean an individual, partnership, limited
liability company, corporation, trust or unincorporated organization, or a government or agency or political subdivision thereof. 

“Prospectus” shall mean the prospectus included in, or, pursuant to the rules and regulations of the
Securities Act, deemed a part of, a Registration Statement, including any preliminary prospectus, and any such prospectus as amended or supplemented by any prospectus supplement, including a prospectus supplement with respect to the terms of the
offering of any portion of the Registrable Securities covered by a Shelf Registration Statement, and by all other amendments and supplements to such prospectus, and in each case including any document incorporated by reference therein. 

 

 -2- 

 “Purchase Agreement” shall have the meaning set forth in
the preamble. 
 “Records” shall have the meaning set forth in Section 3(a)(xiv) hereof.

 “Registration Actions” shall have the meaning set forth in Section 3(d)(i) hereof.

 “Registrable Securities” shall mean the Securities; provided that the Securities shall
cease to be Registrable Securities on the earliest of (i) when the Exchange Securities are issued in exchange for the Securities pursuant to the Exchange Offer Registration Statement, (ii) when an Exchange Offer is completed (except with
respect to Securities held by Persons that were not eligible to participate pursuant to the Exchange Offer), (iii) when a Registration Statement with respect to such Securities has become effective under the Securities Act and such Securities
have been exchanged or disposed of pursuant to such Registration Statement, (iv) the date that is two years from the Issue Date or (v) when such Securities cease to be outstanding. 

“Registration Expenses” shall mean any and all expenses incident to performance of or compliance by the
Company and the Guarantors with this Agreement, including without limitation: (i) all SEC, stock exchange or Financial Industry Regulatory Authority, Inc. (“FINRA”) registration and filing fees, (ii) all fees and expenses
incurred in connection with compliance with state securities or blue sky laws (including reasonable fees and disbursements of one counsel for any Underwriters and Holders (which counsel shall be elected by the Majority Holders and which counsel may
also be counsel for the Initial Purchasers) in connection with blue sky qualification of any Exchange Securities or Registrable Securities), (iii) all expenses of the Company and the Guarantors in preparing or assisting in preparing, word
processing, printing and distributing any Registration Statement, any Prospectus, any Free Writing Prospectus and any amendments or supplements thereto, any underwriting agreements, securities sales agreements or other similar agreements and any
other documents relating to the performance of and compliance with this Agreement, (iv) all rating agency fees, (v) all fees and disbursements relating to the qualification of the Indenture under applicable securities laws, (vi) the
fees and disbursements of the Trustee and its counsel as may be agreed by the Company and the Trustee, (vii) the fees and disbursements of counsel for the Company and the Guarantors and, in the case of a Shelf Registration Statement, the fees
and disbursements of one counsel for the Holders (which counsel shall be selected by the Majority Holders and which counsel may also be counsel for the Initial Purchasers), (viii) the fees and disbursements of counsel for the Market Maker and
(ix) the fees and disbursements of the independent public accountants of the Company and the Guarantors, including the expenses of any special audits or “comfort” letters required by or incident to the performance of and compliance
with this Agreement, but excluding fees and expenses of counsel to the Underwriters (other than fees and expenses set forth in clause (ii) above) or the Holders and underwriting discounts and commissions, brokerage commissions and transfer
taxes, if any, relating to the sale or disposition of Registrable Securities by a Holder. 
  

 -3- 

 “Registration Statement” shall mean any registration
statement of the Company and the Guarantors that covers any of the Exchange Securities or Registrable Securities pursuant to the provisions of this Agreement, including, without limitation, the Market Making Registration Statement, and all
amendments and supplements to any such registration statement, including post-effective amendments, in each case including the Prospectus contained therein or deemed a part thereof, all exhibits thereto and any document incorporated by reference
therein. 
 “Release Date” shall have the meaning set forth in the Purchase Agreement.

 “SEC” shall mean the United States Securities and Exchange Commission. 

“Securities” shall have the meaning set forth in the preamble. 

“Securities Act” shall mean the Securities Act of 1933, as amended from time to time. 

“Shelf Additional Interest Date” shall have the meaning set forth in Section 2(d) hereof.

 “Shelf Effectiveness Period” shall have the meaning set forth in Section 2(b) hereof.

 “Shelf Registration” shall mean a registration effected pursuant to Section 2(b) hereof.

 “Shelf Registration Statement” shall mean a “shelf” registration statement of the
Company and the Guarantors that covers all or a portion of the Registrable Securities (but no other securities unless approved by a majority of the Holders whose Registrable Securities are to be covered by such Shelf Registration Statement) on an
appropriate form under Rule 415 under the Securities Act, or any similar rule that may be adopted by the SEC, and all amendments and supplements to such registration statement, including post-effective amendments, in each case including the
Prospectus contained therein or deemed a part thereof, all exhibits thereto and any document incorporated by reference therein. 

“Shelf Request” shall have the meaning set forth in Section 2(b) hereof. 

“Staff” shall mean the staff of the SEC. 

“Suspension Notice” shall have the meaning set forth in Section 3(d)(i) hereof. 

“Suspension Period” shall have the meaning set forth in Section 3(d)(i) hereof. 

“Target Registration Date” shall have the meaning set forth in Section 2(d) hereof. 

“Trust Indenture Act” shall mean the Trust Indenture Act of 1939, as amended from time to time.

  

 -4- 

 “Trustee” shall mean the trustee with respect to the
Securities under the Indenture. 
 “Underwriter” shall have the meaning set forth in
Section 3(e) hereof. 
 “Underwriter Inspector” shall have the meaning set forth in
Section 3(a)(xiv) hereof. 
 “Underwritten Offering” shall mean an offering in which
Registrable Securities are sold to an Underwriter for reoffering to the public. 
 2. Registration Under the Securities
Act. 
 (a) To the extent not prohibited by any applicable law or applicable interpretations of the Staff, the Company and
the Guarantors shall use their commercially reasonable efforts to (i) cause to be filed an Exchange Offer Registration Statement covering an offer to the Holders to exchange all the Registrable Securities for Exchange Securities and
(ii) to cause such Registration Statement to become effective at the earliest possible time under the Securities Act. The Company and the Guarantors shall commence the Exchange Offer promptly after the Exchange Offer Registration Statement is
declared effective by the SEC and use their commercially reasonable efforts to complete the Exchange Offer not later than 365 days after the Issue Date. 

The Company and the Guarantors shall commence the Exchange Offer by mailing the related Prospectus, appropriate letters of transmittal
and other accompanying documents to each Holder stating, in addition to such other disclosures as are required by applicable law, substantially the following: 

(i) that the Exchange Offer is being made pursuant to this Agreement and that all Registrable Securities validly tendered
and not properly withdrawn will be accepted for exchange. 
 (ii) the dates of acceptance for exchange (which
shall be a period of at least 20 Business Days from the date such notice is mailed) (the “Exchange Dates”); 

(iii) that any Registrable Security not tendered will remain outstanding and continue to accrue interest (but not any
additional interest pursuant to Section 2(d)) but will not retain any rights under this Agreement, except as otherwise specified herein; 

(iv) that any Holder electing to have a Registrable Security exchanged pursuant to the Exchange Offer will be required to
(A) surrender such Registrable Security, together with the appropriate letters of transmittal, to the institution and at the address (located in the Borough of Manhattan, The City of New York) and in the manner specified in the notice, or
(B) effect such exchange otherwise in compliance with the applicable procedures of the depositary for such Registrable Security, in each case prior to the close of business on the last Exchange Date; and 

(v) that any Holder will be entitled to withdraw its election, not later than the close of business on the last Exchange
Date, by (A) sending to the institution and at the address (located in the Borough of Manhattan, The City of New York) specified in the 

 

 -5- 

 
notice, a telegram, telex, facsimile transmission or letter setting forth the name of such Holder, the principal amount of Registrable Securities delivered for exchange and a statement that such
Holder is withdrawing its election to have such Securities exchanged or (B) effecting such withdrawal in compliance with the applicable procedures of the depositary for the Registrable Securities. 

As a condition to participating in the Exchange Offer, a Holder will be required to represent to the Company and the Guarantors that
(i) any Exchange Securities to be received by it will be acquired in the ordinary course of its business, (ii) at the time of the commencement of the Exchange Offer it has no arrangement or understanding with any Person to participate in
the distribution (within the meaning of the Securities Act) of the Exchange Securities in violation of the provisions of the Securities Act, (iii) it is not an “affiliate” (within the meaning of Rule 405 under the Securities Act) of
the Company or any Guarantor, (iv) if such Holder is not a broker-dealer, that it is not engaged in, and does not intend to engage in, the distribution of Exchange Notes and (v) if such Holder is a broker-dealer that will receive Exchange
Securities for its own account in exchange for Registrable Securities that were acquired as a result of market-making or other trading activities, then such Holder will provide such information as may be reasonably requested by the Company and
deliver a Prospectus (or, to the extent permitted by law, make available a Prospectus to purchasers) in connection with any resale of such Exchange Securities. 

As soon as practicable after the last Exchange Date, the Company and the Guarantors shall: 

(i) accept for exchange Registrable Securities or portions thereof validly tendered and not properly withdrawn pursuant to
the Exchange Offer; and 
 (ii) deliver, or cause to be delivered, to the Trustee for cancellation all
Registrable Securities or portions thereof so accepted for exchange by the Company and 
 (iii) issue, and cause
the Trustee to promptly authenticate and deliver to each Holder, Exchange Securities equal in principal amount to the principal amount of the Registrable Securities tendered by such Holder. 

The Company and the Guarantors shall use their commercially reasonable efforts to complete the Exchange Offer as provided above and shall
comply with the applicable requirements of the Securities Act, the Exchange Act and other applicable laws and regulations in connection with the Exchange Offer. The Exchange Offer shall not be subject to any conditions, other than that the Exchange
Offer does not violate any applicable law or applicable interpretations of the Staff. 
 (b) In the event that (i) the
Company and the Guarantors determine that the Exchange Offer Registration provided for in Section 2(a) above is not available or may not be completed as soon as practicable after the last Exchange Date because it would violate any applicable
law or applicable interpretations of the Staff, (ii) the Exchange Offer is not for any other reason completed on or before 365th day after the Issue Date; provided, however, that if such day would otherwise fall on a day that is
not a Business Day, then such Exchange Offer must be completed not later than the next successive Business Day, (iii) upon receipt of a Holder’s request, with respect 

 

 -6- 

 
to any Holder of Registrable Securities that (A) may not resell the Exchange Securities acquired by it in the Exchange Offer to the public without delivering a prospectus and that the
Prospectus contained in the Exchange Offer Registration Statement is not appropriate or available for such resales by such Holder or (B) is a broker-dealer and holds Securities acquired directly from the Company or one of its affiliates,
(iv) upon receipt of a written request (a “Shelf Request”) from any Initial Purchaser representing that it holds Registrable Securities that are or were ineligible to be exchanged in the Exchange Offer, , (v) upon receipt
of written notice following the consummation of the Exchange Offer from any Holder that participated in the Exchange Offer notifying the Company that such Holder did not receive freely tradeable Exchange Securities in the Exchange Offer, other than
by reason of such Holder being an affiliate of the Company, the Guarantors or any of their respective affiliates, and notifies the Company within 30 days after such Holder first becomes aware of such restrictions or (vi) upon receipt of written
notice following the consummation of the Exchange Offer from any Holder notifying the Company that such Holder is or was ineligible to participate in the Exchange Offer by reason of such Holder being an affiliate of the Company, the Guarantors or
any of their respective affiliates, and notifies the Company within 30 days after the consummation of the Exchange Offer of such ineligibility, then the Company and the Guarantors shall use their commercially reasonable efforts to cause to be filed
as soon as practicable after such determination date or Shelf Request, as the case may be, a Shelf Registration Statement providing for the sale of all the Registrable Securities by the Holders thereof. 

In the event that the Company and the Guarantors are required to file a Shelf Registration Statement pursuant to clause (iv) of the
preceding sentence, the Company and the Guarantors shall use their commercially reasonable efforts to file and have become effective both an Exchange Offer Registration Statement pursuant to Section 2(a) with respect to all Registrable
Securities and a Shelf Registration Statement (which may be a combined Registration Statement with the Exchange Offer Registration Statement) with respect to offers and sales of Registrable Securities held by the Initial Purchasers after completion
of the Exchange Offer. 
 Subject to the fifth paragraph of Section 2(d) hereof, the Company and the Guarantors agree to
use their commercially reasonable efforts to (A) cause the Shelf Registration Statement to be declared effective under the Securities Act and (B) keep the Shelf Registration Statement continuously effective until the earlier of
(i) one year after the initial effectiveness or (ii) the date when all of the Registrable Securities are registered under such Shelf Registration Statement and are disposed of in accordance with such Shelf Registration Statement or cease
to be outstanding (the “Shelf Effectiveness Period”). The Company and the Guarantors further agree to supplement or amend the Shelf Registration Statement, the related Prospectus and any Free Writing Prospectus if required by the
rules, regulations or instructions applicable to the registration form used by the Company for such Shelf Registration Statement or by the Securities Act or by any other rules and regulations thereunder or if reasonably requested by a Holder of
Registrable Securities with respect to information relating to such Holder, and to use their commercially reasonable efforts to cause any such amendment to become effective, if required, and such Shelf Registration Statement, Prospectus or Free
Writing Prospectus, as the case may be, to become usable as soon as thereafter practicable. The Company and the Guarantors agree to furnish to the Holders of Registrable Securities copies of any such supplement or amendment reasonably promptly after
its being used or filed with the SEC. 
  

 -7- 

 (c) The Company and the Guarantors shall pay all Registration Expenses in connection with
any registration pursuant to Section 2(a) or Section 2(b) hereof. Each Holder shall pay all underwriting discounts and commissions, brokerage commissions and transfer taxes, if any, relating to the sale or disposition of such Holder’s
Registrable Securities pursuant to the Exchange Offer Registration Statement or Shelf Registration Statement and any fees and disbursements of counsel or experts retained by such Holder in connection with any registration pursuant hereto (other than
any such fees and disbursements included within the definition of Registration Expenses and paid for by the Company and the Guarantors in accordance with the terms of this Agreement). 

(d) An Exchange Offer Registration Statement pursuant to Section 2(a) hereof will not be deemed to have become effective unless it
has been declared effective by the SEC. A Shelf Registration Statement pursuant to Section 2(b) hereof will not be deemed to have become effective unless it has been declared effective by the SEC or is automatically effective upon filing with
the SEC as provided by Rule 462 under the Securities Act. 
 (e) In the event that either the Exchange Offer is not completed or
the Shelf Registration Statement, if required pursuant to Section 2(b)(i), 2(b)(ii) or 2(b)(iii) hereof, does not become effective on or prior to 365th day after the Issue Date (the “Target Registration Date”), the interest
rate on the Registrable Securities will be increased by 0.25% per annum for the first 90 day period immediately following the Target Registration Date and by an additional 0.25% per annum with respect to each subsequent 90 day period, up
to a maximum of 1.00% per annum, until the earliest of the Exchange Offer being completed, the Shelf Registration Statement, if required hereby, becoming effective and the date on which all Securities cease to be Registrable Securities;
provided that the obligation of the Company and the Guarantors to pay such additional interest in any such case shall be the sole and exclusive monetary remedy of the Initial Purchasers and the Holders in the event that the Exchange Offer is
not completed or the Shelf Registration Statement, if required pursuant to Section 2(b)(i), 2(b)(ii) or 2(b)(iii) hereof, does not become effective on or prior to the Target Registration Date. 

(f) If a Shelf Registration Statement, if required hereby, has become effective and thereafter either ceases to be effective or the
Prospectus contained therein ceases to be usable, in each case whether or not permitted by this Agreement, at any time during the Shelf Effectiveness Period, and such failure to remain effective or usable exists for more than 30 days (whether or not
consecutive) in any 12-month period (such 30th day, the “Shelf Trigger Date”), then the interest rate on the Registrable Securities will be increased by 0.25% per annum for the first 90 day period immediately following such
date and by an additional 0.25% per annum with respect to each subsequent 90 day period, up to a maximum increase of 1.00% per annum, commencing on the day immediately following the Shelf Trigger Date and ending on such date that the Shelf
Registration Statement has again become effective or the Prospectus again becomes usable, as the case may be. 
 (g) For the
avoidance of doubt, an increase of the interest rate on the Registrable Securities may not accrue under each of Section 2(e) and Section 2(f) at any one time, and in the case that more than one basis for an increase in any interest rate
pursuant to this Section 2(g) arises or exists under Section 2(e) and Section 2(f), such interest rate increase will not be aggregated and instead the interest rate will be increased as if only one such basis exists. Following the
cessation of such basis for increased interest, the accrual of such additional interest will cease only when no other basis for any increase continues to exist. 
  

 -8- 

 (h) Without limiting the remedies available to the Initial Purchasers and the Holders, the
Company and the Guarantors acknowledge that any failure by the Company or the Guarantors to comply with their obligations under Section 2(a) and Section 2(b) hereof may result in material irreparable injury to the Initial Purchasers or the
Holders for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of any such failure, the Initial Purchasers or any Holder may obtain such relief as may be
required to specifically enforce the Company’s and the Guarantors’ obligations under Section 2(a) and Section 2(b) hereof. 

The Company represents, warrants and covenants that it (including its agents and representatives) will not prepare, make, use, authorize,
approve or refer to any Free Writing Prospectus other than any written communication relating to or that contains solely the terms of the Exchange Offer and/or other information that was included in the Registration Statement. 

3. Registration Procedures. 

(a) In connection with their obligations pursuant to Section 2(a) and Section 2(b) hereof, the Company and the Guarantors shall
as soon as reasonably practicable: 
 (i) prepare and file with the SEC a Registration Statement on the
appropriate form under the Securities Act, which form (x) shall be selected by the Company and the Guarantors, (y) shall, in the case of a Shelf Registration, be available for the sale of the Registrable Securities by the Holders thereof
and (z) shall comply as to form in all material respects with the requirements of the applicable form and include all financial statements required by the SEC to be filed therewith; and use their commercially reasonable efforts to cause such
Registration Statement to become effective and remain effective for the applicable period in accordance with Section 2 hereof; 

(ii) subject to Section 3(d) hereof, prepare and file with the SEC such amendments and post-effective amendments to
each Registration Statement as may be necessary to keep such Registration Statement effective for the applicable period in accordance with Section 2 hereof and cause each Prospectus to be supplemented by any required prospectus supplement and,
as so supplemented, to be filed pursuant to Rule 424 under the Securities Act; and keep each Prospectus current during the period described in Section 4(3) of and Rule 174 under the Securities Act that is applicable to transactions by brokers
or dealers with respect to the Registrable Securities or Exchange Securities; 
 (iii) to the extent any Free
Writing Prospectus is used, file with the SEC any Free Writing Prospectus that is required to be filed by the Company or the Guarantors with the SEC in accordance with the Securities Act and to retain any Free Writing Prospectus not required to be
filed; 
 (iv) in the case of a Shelf Registration, furnish to each Holder of Registrable Securities, to counsel
for the Initial Purchasers, to counsel for such Holders and to each Underwriter of an Underwritten Offering of Registrable Securities, if any, without 

 

 -9- 

 
charge, as many copies of each Prospectus, preliminary prospectus or Free Writing Prospectus, and any amendment or supplement thereto, as such Holder, counsel or Underwriter may reasonably
request in order to facilitate the sale or other disposition of the Registrable Securities thereunder; and the Company and the Guarantors consent to the use of such Prospectus, preliminary prospectus or such Free Writing Prospectus and any amendment
or supplement thereto in accordance with applicable law by each of the Holders of Registrable Securities and any such Underwriters in connection with the offering and sale of the Registrable Securities covered by and in the manner described in such
Prospectus, preliminary prospectus or such Free Writing Prospectus or any amendment or supplement thereto in accordance with applicable law; 

(v) use their commercially reasonable efforts to register or qualify the Registrable Securities under all applicable state
securities or blue sky laws of such jurisdictions as any Holder of Registrable Securities covered by a Registration Statement shall reasonably request in writing by the time the applicable Registration Statement becomes effective; cooperate with
such Holders in connection with any filings required to be made with FINRA; and do any and all other acts and things that may be reasonably necessary or advisable to enable each Holder to complete the disposition in each such jurisdiction of the
Registrable Securities owned by such Holder; provided that neither the Company nor any Guarantor shall be required to (1) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it
would not otherwise be required to so qualify, (2) file any general consent to service of process in any such jurisdiction or (3) subject itself to taxation in any such jurisdiction if it is not so subject; 

(vi) notify counsel for the Initial Purchasers and, in the case of a Shelf Registration notify each Holder of Registrable
Securities and counsel for such Holders promptly and, if requested by any such Holder or counsel, confirm such advice in writing (1) when a Registration Statement has become effective, when any post-effective amendment thereto has been filed
and becomes effective, when any Free Writing Prospectus has been filed or any amendment or supplement to the Prospectus or any Free Writing Prospectus has been filed, (2) of any request by the SEC or any state securities authority for
amendments and supplements to a Registration Statement, Prospectus or any Free Writing Prospectus or for additional information after the Registration Statement has become effective, (3) of the issuance by the SEC or any state securities
authority of any stop order suspending the effectiveness of a Registration Statement or the initiation of any proceedings for that purpose, including the receipt by the Company of any notice of objection of the SEC to the use of a Shelf Registration
Statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under the Securities Act, (4) if, between the applicable effective date of a Shelf Registration Statement and the closing of any sale of Registrable Securities covered
thereby, the Company or any Guarantor receives any notification with respect to the suspension of the qualification of the Registrable Securities for sale in any jurisdiction or the initiation of any proceeding for such purpose, (5) of the
happening of any event during the period a Registration Statement is effective that makes any statement made in such Registration Statement or the related Prospectus or any Free Writing Prospectus untrue in any material respect or that requires the
making of any changes in such Registration Statement or Prospectus or any Free Writing Prospectus in order to make the statements therein not misleading in any material respect and (6) of

  

 -10- 

 
any determination by the Company or any Guarantor that a post-effective amendment to a Registration Statement or any amendment or supplement to the Prospectus or any Free Writing Prospectus would
be appropriate; 
 (vii) use their commercially reasonable efforts to obtain the withdrawal of any order
suspending the effectiveness of a Registration Statement or, in the case of a Shelf Registration, the resolution of any objection of the SEC pursuant to Rule 401(g)(2), including by filing an amendment to such Shelf Registration Statement on the
proper form, as soon as reasonably practicable and promptly provide notice to each Holder of the withdrawal of any such order or such resolution; 

(viii) in the case of a Shelf Registration, furnish to each Holder of Registrable Securities upon request, without charge,
at least one conformed copy of each Registration Statement and any post-effective amendment thereto (without any documents incorporated therein by reference or exhibits thereto, unless requested); 

(ix) in the case of a Shelf Registration, cooperate with the Holders of Registrable Securities to facilitate the timely
preparation and delivery of certificates (unless such Registrable Securities are in book-entry form only) representing Registrable Securities to be sold and not bearing any restrictive legends and enable such Registrable Securities to be issued in
such denominations and registered in such names (consistent with the provisions of the Indenture) as such Holders may reasonably request at least one Business Day prior to the closing of any sale of Registrable Securities; 

(x) subject to Section 3(d), in the case of a Shelf Registration, upon the occurrence of any event contemplated by
Section 3(a)(vi)(5) hereof, use their commercially reasonable efforts to prepare and file with the SEC a supplement or post-effective amendment to such Shelf Registration Statement or the related Prospectus or any Free Writing Prospectus or any
document incorporated therein by reference or file any other required document so that, as thereafter delivered (or, to the extent permitted by law, made available) to purchasers of the Registrable Securities, such Prospectus or Free Writing
Prospectus, as the case may be, will not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and the
Company and the Guarantors shall notify the Holders of Registrable Securities to suspend use of the Prospectus or any Free Writing Prospectus as promptly as practicable after the occurrence of such an event, and such Holders hereby agree to suspend
use of the Prospectus or any Free Writing Prospectus, as the case may be, until the Company and the Guarantors have amended or supplemented the Prospectus or the Free Writing Prospectus, as the case may be, to correct such misstatement or omission;

 (xi) within a reasonable time prior to the filing of any Registration Statement, any Prospectus, any Free
Writing Prospectus, any amendment to a Registration Statement or amendment or supplement to a Prospectus or a Free Writing Prospectus or of any document that is to be incorporated by reference into a Registration Statement, a Prospectus or a Free
Writing Prospectus after initial filing of a Registration Statement, provide one copy of such document to each Initial Purchaser and their counsel (and, in the case of a 

 

 -11- 

 
Shelf Registration Statement, to the Holders of Registrable Securities and their counsel); and the Company and the Guarantors shall not, at any time after initial filing of a Registration
Statement, use or file any Prospectus, any Free Writing Prospectus, any amendment of or supplement to a Registration Statement or a Prospectus or a Free Writing Prospectus, or any document that is to be incorporated by reference into a Registration
Statement, a Prospectus or a Free Writing Prospectus, of which the Initial Purchasers and their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities and their counsel) shall not have previously been
advised and furnished a copy or to which the Initial Purchasers or their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities or their counsel) shall reasonably object; 

(xii) obtain a CUSIP number for all Exchange Securities or Registrable Securities, as the case may be, not later than the
initial effective date of a Registration Statement; 
 (xiii) cause the Indenture to be qualified under the Trust
Indenture Act in connection with the registration of the Exchange Securities or Registrable Securities, as the case may be; cooperate with the Trustee and the Holders to effect such changes to the Indenture as may be required for the Indenture to be
so qualified in accordance with the terms of the Trust Indenture Act; and execute, and use their commercially reasonable efforts to cause the Trustee to execute, all documents as may be required to effect such changes and all other forms and
documents required to be filed with the SEC to enable the Indenture to be so qualified in a timely manner; 

(xiv) in the case of a Shelf Registration, make available for inspection by one representative designated by a majority of
the Holders of Registrable Securities to be included in such Shelf Registration (such representative, the “Holders’ Inspector”) and the Underwriters participating in any disposition pursuant to such Shelf Registration Statement
(or one counsel to such Underwriters) (such Underwriters or counsel, the “Underwriter Inspector” and, together with the Holders’ Inspector, the “Inspectors”), each upon a written request, at the offices where
normally kept, during reasonable business hours, all pertinent financial and other records, pertinent corporate documents and instruments of the Company and its subsidiaries (collectively, the “Records”), as shall be reasonably
necessary to enable the Inspectors to exercise any applicable due diligence responsibilities, and cause the officers, directors and employees of the Company and any of its subsidiaries to supply all information (“Information”)
reasonably requested by the Inspectors in connection with such due diligence responsibilities. The Inspectors shall agree in writing that they will keep the Records and Information confidential and that they will not disclose any of the Records or
Information that the Company determines, in good faith, to be confidential and notifies the Inspectors in writing are confidential unless (i) the disclosure of such Records or Information is necessary to avoid or correct a material misstatement
or omission in such Registration Statement or Prospectus, (ii) the release of such Records or Information is ordered pursuant to a subpoena or other order from a court claiming jurisdiction or any request or order from a regulatory body,
(iii) disclosure of such Records or Information is necessary or advisable, in the judgment of counsel for the Inspectors, in connection with any action, claim, suit or proceeding, directly or indirectly, involving or potentially involving the
Inspectors and arising out of, based upon, relating 
  

 -12- 

 
to or involving this Agreement, the applicable Indenture or the Purchase Agreement or any transactions contemplated hereby or thereby or arising hereunder or thereunder, (iv) the information
in such Records or Information has been made generally available to the public other than by the Inspectors or any “affiliate” (as defined in Rule 405 under the Securities Act) thereof, (v) such information becomes available to any
such person from a source other than the Company and such source is not known by such person to be bound by a confidentiality obligation to the Company or (vi) such information is necessary to establish a due diligence defense; provided,
however, that (if permitted) prior notice shall be provided as soon as practicable to the Company of the potential disclosure of any information by any Inspector pursuant to clauses (i), (ii) or (iii) of this sentence to permit the
Company to obtain a protective order (or waive the provisions of this paragraph (xiv)) and that such Inspector shall take such actions as are reasonably necessary to protect the confidentiality of such information (if practicable) to the extent such
action is otherwise not inconsistent with, an impairment of or in derogation of the rights and interests of such Holder or Inspector; 

(xv) in the case of a Shelf Registration, use their commercially reasonable efforts to cause all Registrable Securities to
be listed on any securities exchange or any automated quotation system on which similar securities issued or guaranteed by the Company or any Guarantor are then listed and only if requested by the Majority Holders, to the extent such Registrable
Securities satisfy applicable listing requirements; 
 (xvi) if reasonably requested by any Holder of Registrable
Securities covered by a Shelf Registration Statement, promptly include in a Prospectus supplement or post-effective amendment such information with respect to such Holder as such Holder reasonably requests to be included therein and make all
required filings of such Prospectus supplement or such post-effective amendment as soon as reasonably practicable after the Company has received notification of the matters to be so included in such filing; 

(xvii) in the case of an Underwritten Offering, enter into such customary agreements (including an underwriting agreement
as is customary in underwritten offerings of debt securities similar to the Securities) and take all such other actions in connection therewith (including those requested by the Holders of a majority in principal amount of the Registrable Securities
covered by the Shelf Registration Statement) in order to expedite or facilitate the disposition of such Registrable Securities, including, but not limited to, (1) to the extent possible, make such representations and warranties to any
Underwriters of such Registrable Securities with respect to the business of the Company and its subsidiaries and the Registration Statement, Prospectus, any Free Writing Prospectus and documents incorporated by reference or deemed incorporated by
reference, if any, in each case, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings of debt securities similar to the Securities and confirm the same if and when requested, (2) obtain
opinions of counsel to the Company and the Guarantors (which opinions, in form, scope and substance, shall be reasonably satisfactory to the Underwriters) addressed to each Underwriter, covering the matters customarily covered in opinions reasonably
requested in underwritten offerings, (3) obtain “comfort” letters from the independent certified public accountants of the Company and the Guarantors (and, if necessary, any other certified public accountant of any subsidiary of the
Company 
  

 -13- 

 
or any Guarantor, or of any business acquired by the Company or any Guarantor for which financial statements and financial data are or are required to be included in the Registration Statement)
addressed to each selling Holder (to the extent permitted by applicable professional standards) and Underwriter of Registrable Securities, such letters to be in customary form and covering matters of the type customarily covered in
“comfort” letters in connection with underwritten offerings of debt securities similar to the Securities, including but not limited to financial information contained in any preliminary prospectus, Prospectus or Free Writing Prospectus and
(4) deliver such other documents and certificates as may be reasonably requested by the Holders of a majority in principal amount of the Registrable Securities being sold or the Underwriters, and which are customarily delivered in underwritten
offerings of debt securities similar to the Securities, to evidence the continued validity of the representations and warranties of the Company and the Guarantors made pursuant to clause (1) above and to evidence compliance with any customary
conditions contained in an underwriting agreement; and 
 (xviii) so long as any Registrable Securities remain
outstanding, cause each Additional Guarantor upon the creation or acquisition by the Company of such Additional Guarantor, to execute a counterpart to this Agreement in the form attached hereto as Annex A and to deliver such counterpart to the
Initial Purchasers no later than ten Business Days following the execution thereof. 
 (b) In the case of a Shelf Registration
Statement, the Company may require each Holder of Registrable Securities to furnish to the Company such information regarding such Holder and the proposed disposition by such Holder of such Registrable Securities as the Company and the Guarantors
may from time to time reasonably request in writing. To the extent such information is necessary to include in such Shelf Registration Statement and any Holder fails or refuses to provide such information within a reasonable period of time from the
Company’s request (such time to be provided in the Company’s written request) such Holder shall not be entitled to include its Registrable Securities in such Shelf Registration Statement until such information is provided to the Company
and reflected in such Shelf Registration Statement. Each Holder also agrees to notify the Company as promptly as reasonably practicable of any inaccuracy or change in information previously furnished by such Holder to the Company or of the
occurrence of any event in either case as a result of which any Prospectus relating to the Shelf Registration Statement contains or would contain an untrue statement of a material fact regarding such Holder or such Holder’s intended method of
disposition of Registrable Securities or omits to state any material fact regarding such Holder or such Holder’s intended method of disposition of such Registrable Securities required to be stated therein or necessary to make the statements
therein not misleading in light of the circumstances then existing, and promptly to furnish to the Company any additional information required to correct and update any previously furnished information or required so that such Prospectus shall not
contain, with respect to such Holder or the disposition of such Registrable Securities, an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading
in the light of the circumstances then existing. 
 (c) In the case of a Shelf Registration Statement, each Holder of
Registrable Securities covered in such Shelf Registration Statement agrees that, upon receipt of any notice from the Company and the Guarantors of the happening of any event of the kind described in Section

  

 -14- 

 
3(a)(vi)(3) or 3(a)(vi)(5) hereof, such Holder will forthwith discontinue disposition of Registrable Securities pursuant to the Shelf Registration Statement until such Holder’s receipt of
the copies of the supplemented or amended Prospectus and any Free Writing Prospectus contemplated by Section 3(a)(x) hereof and, if so directed by the Company and the Guarantors, such Holder will deliver to the Company and the Guarantors all
copies in its possession, other than permanent file copies then in such Holder’s possession, of the Prospectus and any Free Writing Prospectus covering such Registrable Securities that is current at the time of receipt of such notice.

 (d) (i) Subject to the limitation set forth in the next succeeding paragraph, the Company shall be entitled to delay the
initial filing of any Registration Statement, suspend its obligation to file any amendment to any Registration Statement, furnish any supplement or amendment to a Prospectus included in any Registration Statement, make any other filing with the SEC
that would be incorporated by reference into any Registration Statement, cause any Registration Statement to remain effective or take any similar action (collectively, “Registration Actions”) (A) if the board of directors of
the Company determines in good faith that taking any such Registration Actions (1) would reasonably be expected to materially impede, delay or interfere with, or require premature disclosure of, any material financing, offering, acquisition,
merger, corporate reorganization or segment reclassification or discontinuance of operations, which is required to be reflected in pro forma or restated financial statements that amends a historical financial statement of the Company, or other
significant transaction or any negotiations, discussions or pending proposals with respect thereto, involving the Company or any of its subsidiaries or (2) would require disclosure of non-public material information the disclosure of which
would reasonably be expected to materially and adversely affect the Company, subject to the provisions of Section 3(d)(ii) or (B) upon any event described in Section 3(a)(vi)(5) (the period resulting from any such delay, suspension or
other action, a “Suspension Period”). Upon the occurrence of any of the conditions described in the foregoing sentence, the Company shall give prompt notice (a “Suspension Notice”) thereof to the Holders. Upon the
termination of such condition, the Company shall give prompt notice thereof to the Holders and shall promptly proceed with all Registration Actions that were suspended pursuant to this paragraph. 

(ii) If the Company and the Guarantors shall give any Suspension Notice, the Company and the Guarantors shall extend the period during
which such Registration Statement shall be maintained effective pursuant to this Agreement by the number of days during the period from and including the date of the giving of such Suspension Notice to and including the date when the Holders of such
Registrable Securities shall have received copies of the supplemented or amended Prospectus or any Free Writing Prospectus necessary to resume such dispositions. In no event shall the number of days included in all Suspension Periods exceed 60 days
in the aggregate during any 365-day period. Notwithstanding anything in the foregoing to the contrary, the Company shall at all times use its commercially reasonable efforts to end any Suspension Period at the earliest possible time. 

(iii) Each Holder agrees that upon receipt of any Suspension Notice from the Company pursuant to this Section 3(d), it will
discontinue use of the Prospectus contained in such Registration Statement and any Free Writing Prospectus until receipt of copies of the supplemented or amended Prospectus or Free Writing Prospectus relating thereto or until advised in writing by
the Company that the use of the Prospectus contained in such Registration Statement or Free Writing Prospectus may be resumed. 
  

 -15- 

 (e) The Holders of Registrable Securities covered by a Shelf Registration Statement who
desire to do so may sell such Registrable Securities in an Underwritten Offering. In any such Underwritten Offering, the investment bank or investment banks and manager or managers (each an “Underwriter”) that will administer the
offering will be selected by the Company, subject to the consent of the Holders of a majority in principal amount of the Registrable Securities included in such offering (which shall not be unreasonably withheld). No Holder may participate in any
Underwritten Offering unless such Holder (i) agrees to sell such Holder’s Securities on the basis provided in any underwriting arrangements approved by the persons entitled hereunder to approve such arrangements and (ii) timely
completes and executes all reasonable questionnaires, powers of attorney, indemnities, underwriting agreements, lock-up letters and other documents, under customary terms, as customarily required under the terms of such underwriting arrangements.

 4. Participation of Broker-Dealers in Exchange Offer. 

(a) The Staff has taken the position that any broker-dealer that receives Exchange Securities for its own account in the Exchange Offer in
exchange for Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a “Participating Broker-Dealer”) may be deemed to be an “underwriter” within the meaning of the
Securities Act and must deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of such Exchange Securities. 

The Company and the Guarantors understand that it is the Staff’s position that if the Prospectus contained in the Exchange Offer
Registration Statement includes a plan of distribution containing a statement to the above effect and the means by which Participating Broker-Dealers may resell the Exchange Securities, without naming the Participating Broker-Dealers or specifying
the amount of Exchange Securities owned by them (except to the extent required by Staff positions), such Prospectus may be delivered by Participating Broker-Dealers (or, to the extent permitted by law, made available to purchasers) to satisfy their
prospectus delivery obligation under the Securities Act in connection with resales of Exchange Securities for their own accounts, so long as the Prospectus otherwise meets the requirements of the Securities Act. 

(b) In light of the above, and notwithstanding the other provisions of this Agreement, the Company and the Guarantors agree to amend or
supplement the Prospectus contained in the Exchange Offer Registration Statement for a period of up to 180 days after the last Exchange Date (as such period may be extended pursuant to Section 3(d) of this Agreement), in order to expedite or
facilitate the disposition of any Exchange Securities by Participating Broker-Dealers consistent with the positions of the Staff recited in Section 4(a) above. The Company and the Guarantors further agree that Participating Broker-Dealers shall
be authorized to deliver such Prospectus (or, to the extent permitted by law, make available) during such period in connection with the resales contemplated by this Section 4. 

(c) The Initial Purchasers shall have no liability to the Company, any Guarantor or any Holder with respect to any request that they may
make pursuant to Section 4(b) above. 
  

 -16- 

 5. Market Making. 

(a) For so long as any of the Securities or Exchange Securities are outstanding and Barclays Capital Inc. (in such capacity, the
“Market Maker”) or any of its affiliates (as defined in the rules and regulations of the SEC) is an affiliate of the Company, the Guarantors or any of their affiliates and proposes to make a market in the Securities or Exchange
Securities as part of its business in the ordinary course and is required to deliver a prospectus in connection with transactions in the Securities or the Exchange Securities, as the case may be, the following provisions shall apply for the sole
benefit of the Market Maker: 
 (i) The Company and the Guarantors shall (A) on the date that the Exchange
Offer Registration Statement or, if required hereby, the Shelf Registration Statement is filed with the SEC, file a registration statement (the “Market Making Registration Statement”) (which may be the Exchange Offer Registration
Statement or the Shelf Registration Statement if permitted by the rules and regulations of the SEC) and use their commercially reasonable efforts to cause such Market Making Registration Statement to become effective on or prior to the consummation
of the Exchange Offer or the initial effective date of the Shelf Registration Statement, as applicable; (B) periodically amend such Market Making Registration Statement so that the information contained therein complies with the requirements of
Section 10(a) under the Securities Act; (C) amend the Market Making Registration Statement or amend or supplement the related Prospectus when necessary to reflect any material changes in the information provided therein; and (D) amend
the Market Making Registration Statement when required to do so in order to comply with Section 10(a)(3) of the Securities Act; provided, however, that (1) prior to filing the Market Making Registration Statement, any amendment
thereto, any Free Writing Prospectus or any amendment or supplement to the related Prospectus or Free Writing Prospectus, the Company will furnish to the Market Maker copies of all such documents proposed to be filed, which documents will be subject
to the review of the Market Maker and its counsel, and (2) the Company and the Guarantors will not file the Market Making Registration Statement, any amendment thereto, any Free Writing Prospectus or any amendment or supplement to the related
Prospectus or Free Writing Prospectus to which the Market Maker and its counsel shall reasonably object unless the Company is advised by counsel that such Market Making Registration Statement or Free Writing Prospectus or any such amendment or
supplement is required to be filed under applicable securities laws and the Company will provide the Market Maker and its counsel with copies of the Market Making Registration Statement and any Free Writing Prospectus and each amendment and
supplement filed. 
 (ii) The Company shall notify the Market Maker and, if requested by the Market Maker,
confirm such advice in writing, (A) when any Market Making Registration Statement, any post-effective amendment to the Market Making Registration Statement, any Free Writing Prospectus or any amendment or supplement to the related Prospectus or
Free Writing Prospectus has been filed, and, with respect to any Market Making Registration Statement or any post-effective amendment, when the same has become effective; (B) of any request by the SEC for any post-effective amendment to the
Market Making Registration Statement, any supplement or amendment to the related Prospectus or any Free Writing Prospectus or for additional information; (C) the issuance by the SEC of any

  

 -17- 

 
stop order suspending the effectiveness of the Market Making Registration Statement or the initiation of any proceedings for that purpose, including the receipt by the Company of any notice of
objection of the SEC to the use of the Market Making Registration Statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under the Securities Act; (D) of the receipt by the Company of any notification with respect to the
suspension of the qualification of the Securities or Exchange Securities for sale in any jurisdiction or the initiation or threatening of any proceedings for such purpose; and (E) of the happening of any event that makes any statement made in
the Market Making Registration Statement, the related Prospectus or any Free Writing Prospectus or any amendment or supplement thereto untrue in any material respect or that requires the making of any changes in the Market Making Registration
Statement, such Prospectus or such Free Writing Prospectus or amendment or supplement thereto, in order to make the statements therein not misleading in any material respect. 

(iii) If any event contemplated by Section 5(a)(ii)(B) through (E) occurs during the period for which the
Company and the Guarantors are required to maintain an effective Market Making Registration Statement, the Company and the Guarantors shall, subject to Section 5(a)(i), promptly prepare and file with the SEC a post-effective amendment to the
Market Making Registration Statement or an amendment or supplement to the related Prospectus or Free Writing Prospectus or file any other required document so that the Prospectus or any Free Writing Prospectus will not include an untrue statement of
a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. 

(iv) In the event of the issuance of any stop order suspending the effectiveness of the Market Making Registration
Statement, any notice of objection pursuant to Rule 401(g)(2) under the Securities Act or any order suspending the qualification of the Securities or Exchange Securities for sale in any jurisdiction, the Company and the Guarantors shall promptly use
their commercially reasonable efforts to obtain the withdrawal of such order or the resolution of such objection, including by filing an amendment to the Market Making Registration Statement on the proper form as necessary. 

(v) The Company shall furnish to the Market Maker, without charge, (i) at least one conformed copy of the Market
Making Registration Statement and any post-effective amendment thereto; and (ii) as many copies of the related Prospectus, any Free Writing Prospectus and any amendment or supplement thereto as the Market Maker may reasonably request.

 (vi) The Company and the Guarantors shall consent to the use in accordance with applicable law of the
Prospectus contained in the Market Making Registration Statement, any Free Writing Prospectus or any amendment or supplement thereto by the Market Maker in connection with its market-making activities. 

(vii) Notwithstanding the foregoing provisions of this Section 5, the Company and the Guarantors may for valid
business reasons, including without limitation, the reasons set forth in Section 3(d), notify the Market Maker in writing that the Market Making Registration Statement is no longer effective or the Prospectus included therein or any

  

 -18- 

 
Free Writing Prospectus is no longer usable for offers and sales of Securities or Exchange Securities; provided that the use of the Market Making Registration Statement or the Prospectus
contained therein or any Free Writing Prospectus shall not be suspended for more than 90 days (whether or not consecutive) in the aggregate in any 12-month period. The Market Maker agrees that upon receipt of any notice from the Company pursuant to
this Section 5(a)(vii), it will discontinue use of the Prospectus contained in the Market Making Registration Statement and any Free Writing Prospectus until receipt of copies of the supplemented or amended Prospectus or Free Writing Prospectus
relating thereto or until advised in writing by the Company that the use of the Prospectus contained in the Market Making Registration Statement or the Free Writing Prospectus may be resumed. 

(b) In connection with the Market Making Registration Statement, the Company shall make available for inspection by one representative
of, the Market Maker (which may be) counsel to the Market Maker) (such representative, the “Market Makers’ Inspector”), upon a written request, at the offices where normally kept, during reasonable business hours, all Records of the
Company and its subsidiaries, as shall be reasonably necessary to enable the Market Makers’ Inspectors to exercise any applicable due diligence responsibilities, and cause the officers, directors and employees of the Company and any of its
subsidiaries to supply all Information reasonably requested by the Inspectors in connection with such due diligence responsibilities. The Market Makers’ Inspectors shall agree in writing that they will keep the Records and Information
confidential and that they will not disclose any of the Records or Information that the Company determines, in good faith, to be confidential and notifies the Market Makers’ Inspectors in writing are confidential unless (i) the disclosure
of such Records or Information is necessary to avoid or correct a material misstatement or omission in such Market Making Registration Statement or related Prospectus, (ii) the release of such Records or Information is ordered pursuant to a
subpoena or other order from a court claiming jurisdiction or any request or order from a regulatory body, (iii) disclosure of such Records or Information is necessary or advisable, in the judgment of counsel for the Market Makers’
Inspectors, in connection with any action, claim, suit or proceeding, directly or indirectly, involving or potentially involving the Market Makers’ Inspectors and arising out of, based upon, relating to or involving this Agreement, the
applicable Indenture or the Purchase Agreement or any transactions contemplated hereby or thereby or arising hereunder or thereunder, (iv) the information in such Records or Information has been made generally available to the public other than
by the Market Makers’ Inspectors or any “affiliate” (as defined in Rule 405 under the Securities Act) thereof, (v) such Information becomes available to any such person from a source other than the Company and such source is not
known by such person to be bound by a confidentiality obligation to the Company or (vi) such Information is necessary to establish a due diligence defense; provided, however, that (if permitted), prior notice shall be provided as
soon as practicable to the Company of the potential disclosure of any information by any Market Makers’ Inspector pursuant to clauses (i), (ii) or (iii) of this sentence to permit the Company to obtain a protective order (or waive the
provisions of this Section 5(b)) and that such Market Makers’ Inspector shall take such actions as are reasonably necessary to protect the confidentiality of such information (if practicable) to the extent such action is otherwise not
inconsistent with, an impairment of or in derogation of the rights and interests of the Market Maker or Market Makers’ Inspector. 

(c) Until the initial effective date of the Market Making Registration Statement, the Company and the Guarantors shall use commercially
reasonable efforts to register or qualify the 
  

 -19- 

 
Securities or Exchange Securities for offer and sale under all applicable state securities or blue sky laws of such jurisdictions as the Market Maker reasonably requests in writing, cooperate
with the Market Maker in connection with any filings required to be made with the National Association of Securities Dealers, Inc. and do any and all other acts or things that may be reasonably necessary or advisable to enable the offer and sale in
such jurisdictions of the Securities or Exchange Securities covered by the Market Making Registration Statement; provided that the Company and the Guarantors shall not be required to (i) qualify as a foreign corporation or other entity
or as a dealer in securities in any jurisdiction where it would not otherwise be required to so qualify, (ii) file any general consent to subject itself to service of process in any such jurisdictions or (iii) subject itself to taxation in
any such jurisdiction if its not so subject. 
 (d) The Company and the Guarantors represent and agree that the Market Making
Registration Statement, any post-effective amendments thereto, any Free Writing Prospectus, any amendments or supplements to the related Prospectus or any Free Writing Prospectus and any documents filed by them under the Exchange Act will, when they
become effective or are filed with the SEC, as the case may be, conform in all material respects to the requirements of the Securities Act and the Exchange Act and the rules and regulations of the SEC thereunder and will not, as of each effective
date of such Market Making Registration Statement or post-effective amendments and as of the filing date of any Free Writing Prospectus or amendments or supplements to such Prospectus or any Free Writing Prospectus or filings under the Exchange Act,
contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided
that no representation or warranty is made as to information contained in or omitted from the Market Making Registration Statement or the related Prospectus or any Free Writing Prospectus in reliance upon and in conformity with written
information furnished to the Company by the Market Maker specifically for inclusion therein (the “Market Maker’s Information”). 

(e) At the time of initial effectiveness of the Market Making Registration Statement and concurrently with each time any Free Writing
Prospectus is first used or the Market Making Registration Statement shall be amended by post-effective amendment, including by the filing of an annual report incorporated by reference into the Market Making Registration Statement, or the related
Prospectus or any Free Writing Prospectus shall be amended or supplemented, the Company shall (if requested by the Market Maker) furnish the Market Maker and its counsel with a certificate of its Chairman of the Board of Directors, President, its
Chief Financial Officer or any Vice President covering such customary matters as the Market Maker may reasonably request and that, to such officers’ knowledge no stop order suspending the effectiveness of the Market Making Registration
Statement has been issued and no proceeding for that purpose is pending or threatened by the SEC. 
 (f) At the time of initial
effectiveness of the Market Making Registration Statement and concurrently with each time any Free Writing Prospectus is first used or the Market Making Registration Statement shall be amended by post-effective amendment, including by the filing of
an annual report incorporated by reference into the Market Making Registration Statement, or the related Prospectus or any Free Writing Prospectus shall be amended or supplemented, the Company shall (if requested by the Market Maker) furnish the
Market Maker and its counsel with the written opinion of counsel for the Company reasonably satisfactory to the Market Maker (which 

 

 -20- 

 
may be the General Counsel of the Company in his sole discretion) covering such customary matters as the Market Maker may reasonably request and that, to such counsel’s knowledge, no stop
order suspending the effectiveness of the Market Making Registration Statement has been issued, and no proceeding for that purpose is pending or threatened by the SEC; provided the Market Maker may not request more than two such opinions in any
fiscal year. 
 (g) The Company and the Guarantors, on the one hand, and the Market Maker, on the other hand, hereby agree to
indemnify each other, and, if applicable, contribute to the other, in accordance with Section 6 of this Agreement. 
 (h)
The Company and the Guarantors will comply with the provisions of this Section 5 at their own expense and will reimburse the Market Maker for its expenses associated with this Section 5 (including reasonable fees of counsel for the Market
Maker). 
 (i) The agreements contained in this Section 5 and the representations, warranties and agreements contained in
this Agreement shall survive all offers and sales of the Securities and Exchange Securities and shall remain in full force and effect, regardless of any termination or cancellation of this Agreement or any investigation made by or on behalf of any
indemnified party. 
 (j) For purposes of this Section 5, (i) any reference to the terms “amend,”
“amendment” or “supplement” with respect to the Market Making Registration Statement or the Prospectus contained therein or any Free Writing Prospectus shall be deemed to refer to and include the filing under the Exchange Act of
any document deemed to be incorporated therein by reference and (ii) any reference to the terms “Securities” or “Exchange Securities” shall be deemed to refer to and include any securities issued in exchange for or with
respect to such Securities or Exchange Securities. 
 6. Indemnification and Contribution. 

(a) The Company and each Guarantor, jointly and severally, agree to indemnify and hold harmless each Initial Purchaser, the Market Maker
and each Holder, their respective affiliates, directors and officers and each Person, if any, who controls any Initial Purchaser or any Holder within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, from
and against any and all losses, claims, damages and liabilities (including, without limitation, reasonable legal fees and other expenses incurred in connection with any suit, action or proceeding or any claim asserted, as such fees and expenses are
incurred), joint or several, that arise out of, or are based upon, (1) any untrue statement or alleged untrue statement of a material fact contained in any Registration Statement or any omission or alleged omission to state therein a material
fact required to be stated therein or necessary in order to make the statements therein not misleading, or (2) any untrue statement or alleged untrue statement of a material fact contained in any Prospectus, any Free Writing Prospectus or any
“issuer information” (“Issuer Information”) filed or required to be filed pursuant to Rule 433(d) under the Securities Act, or any omission or alleged omission to state therein a material fact necessary in order to make
the statements therein, in the light of the circumstances under which they were made, not misleading, in each case except insofar as such losses, claims, damages or liabilities arise out of, or are based upon, any untrue statement or omission or
alleged untrue statement or omission made in 
  

 -21- 

 
reliance upon and in conformity with any information relating to any Initial Purchaser, information relating to any Holder or the Market Maker’s Information furnished to the Company in
writing through DBSI, any selling Holder or the Market Maker, respectively, expressly for use therein. 
 (b) Each Holder
agrees, severally and not jointly, to indemnify and hold harmless the Company, the Guarantors, the Initial Purchasers and the other selling Holders, the directors of the Company and the Guarantors, each officer of the Company and the Guarantors who
signed the Registration Statement and each Person and their directors, officers and managing members, if any, who controls the Company, the Guarantors, any Initial Purchaser and any other selling Holder within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above, but only with respect to any losses, claims, damages or liabilities (including, without limitation, reasonable legal
fees and other expenses incurred in connection with any suit, action or proceeding or any claim asserted, as such fees and expenses are incurred) that arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or
omission made in reliance upon and in conformity with any information relating to such Holder furnished to the Company in writing by such Holder expressly for use in any Registration Statement, any Prospectus and any Free Writing Prospectus.
Notwithstanding the provisions of this Section 6(b), with respect to a Registration Statement that is not an Exchange Offer Registration Statement, including the related Prospectus and any Free Writing Prospectus related thereto, in no event
shall a Holder be required to indemnify any amount in excess of the proceeds received by such Holder from the Securities or Exchange Securities sold by such Holder pursuant thereto. 

(c) The Market Maker agrees to indemnify and hold harmless the Company and the Guarantors, the directors of the Company and the
Guarantors and each officer of the Company and the Guarantors who signed the Market Making Registration Statement and each Person, if any, who controls the Company or the Guarantors within the meaning of Section 15 of the Securities Act or
Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above, but only with respect to any losses, claims, damages or liabilities (including, without limitation, reasonable legal fees and other
expenses incurred in connection with any suit, action or proceeding or any claim asserted, as such fees and expenses are incurred) that arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or omission made in
reliance upon and in conformity with any Market Maker’s Information furnished to the Company in writing by the Market Maker expressly for use in any Market Making Registration Statement, any Prospectus and any Free Writing Prospectus.

 (d) If any suit, action, proceeding (including any governmental or regulatory investigation), claim or demand shall be
brought or asserted against any Person in respect of which indemnification may be sought pursuant to either paragraph (a), (b) or (c) above, such Person (the “Indemnified Person”) shall promptly notify the Person against
whom such indemnification may be sought (the “Indemnifying Person”) in writing; provided that the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have under this Section 6
except to the extent that it has been materially prejudiced (through the forfeiture of substantive rights or defenses) by such failure; and provided, further, that the failure to notify the Indemnifying Person shall not relieve it from
any liability that it may have to an Indemnified Person otherwise than under this Section 6. If any such proceeding shall be brought or asserted against an Indemnified 

 

 -22- 

 
Person and it shall have notified the Indemnifying Person thereof, the Indemnifying Person shall retain counsel reasonably satisfactory to the Indemnified Person to represent the Indemnified
Person and any others entitled to indemnification pursuant to this Section 6 that the Indemnifying Person may designate in such proceeding and shall pay the reasonable fees and expenses of such proceeding and shall pay the reasonable fees and
expenses of such counsel related to such proceeding, as incurred. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified
Person unless (i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary; (ii) the Indemnifying Person has failed within a reasonable time to retain counsel reasonably satisfactory to the Indemnified
Person; (iii) the Indemnified Person shall have reasonably concluded that there may be legal defenses available to it that are different from or in addition to those available to the Indemnifying Person; or (iv) the named parties in any
such proceeding (including any impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same counsel would be inappropriate due to actual or potential differing interests between
them. It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local
counsel) for all Indemnified Persons, and that all such reasonable fees and expenses shall be reimbursed as they are incurred. Any such separate firm (x) for any Initial Purchaser or the Market Maker, its affiliates, directors and officers and
any control Persons of such Initial Purchaser or the Market Maker shall be designated in writing by DBSI, (y) for any Holder, its directors and officers and any control Persons of such Holder shall be designated in writing by the Majority
Holders and (z) in all other cases shall be designated in writing by the Company. The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if
there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement or judgment. No Indemnifying Person shall, without the written
consent of the Indemnified Person, effect any settlement of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party and indemnification could have been sought hereunder by such Indemnified
Person, unless such settlement (A) includes an unconditional release of such Indemnified Person, in form and substance reasonably satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of such
proceeding and (B) does not include any statement as to any admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person. 

(e) If the indemnification provided for in paragraphs (a), (b) or (c) above is unavailable to an Indemnified Person or
insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall contribute to the amount paid or payable
by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the Guarantors from the offering of the Securities and
the Exchange Securities, on the one hand, and by the Holders from receiving Securities or Exchange Securities registered under the Securities Act or the Market Maker, on the other hand, or (ii) if the allocation provided by clause (i) is
not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Company and the Guarantors on the one

  

 -23- 

 
hand and the Holders or the Market Maker on the other hand in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other
relevant equitable considerations. The relative fault of the Company and the Guarantors on the one hand and the Holders or the Market Maker on the other hand shall be determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company and the Guarantors or by the Holders or the Market Maker’s Information, as applicable, and the
parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

(f) The Company, the Guarantors, the Holders and the Market Maker agree that it would not be just and equitable if contribution pursuant
to this Section 6 were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in
paragraph (d) above. The amount paid or payable by an Indemnified Person as a result of the losses, claims, damages and liabilities referred to in paragraph (d) above shall be deemed to include, subject to the limitations set forth above,
any reasonable legal or other expenses incurred by such Indemnified Person in connection with any such action or claim. Notwithstanding the provisions of this Section 6, in no event shall a Holder or the Market Maker be required to contribute
any amount in excess of the amount by which the total price at which the Securities or Exchange Securities sold by such Holder or the Securities sold by the Market Maker exceeds the amount of any damages that such Holder has otherwise been required
to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any
Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 6 are several and not joint. 

(g) The remedies provided for in this Section 6 are not exclusive and shall not limit any rights or remedies that may otherwise be
available to any Indemnified Person at law or in equity. 
 (h) The indemnity and contribution provisions contained in this
Section 6 shall remain operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by or on behalf of the Initial Purchasers, the Market Maker or any Holder or any Person
controlling any Initial Purchaser, the Market Maker or any Holder, or by or on behalf of the Company or the Guarantors or the officers or directors of or any Person controlling the Company or the Guarantors, (iii) acceptance of any of the
Exchange Securities and (iv) any sale of Registrable Securities pursuant to a Shelf Registration Statement or the Market Making Registration Statement. 

7. General. 

(a) Inconsistent Agreements. The Company and the Guarantors represent, warrant and agree that (i) the rights granted to the
Holders or the Market Maker hereunder do not in any way conflict with and are not inconsistent with the rights granted to the holders of any other outstanding debt securities issued or guaranteed by the Company or any Guarantor under any other
agreement and (ii) neither the Company nor any Guarantor has entered into, or on or after the 
  

 -24- 

 
date of this Agreement will enter into, any agreement that is inconsistent with the rights granted to the Holders of Registrable Securities or the Market Maker in this Agreement or otherwise
conflicts with the provisions hereof. For clarification, nothing herein is intended to prohibit the Company and the Guarantors from (i) registering any Additional Notes (as defined in the Indenture) issued on the same registration statement as
the Registrable Securities or (ii) complying with their obligations for the registration of any securities of the Parent Guarantor pursuant to the terms of the Plan of Reorganization or any agreement entered into as contemplated by the Plan of
Reorganization. 
 (b) Amendments and Waivers. The provisions of this Agreement, including the provisions of this
sentence, may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given unless the Company and the Guarantors have obtained the written consent of Holders of at least a majority in
aggregate principal amount of the outstanding Registrable Securities affected by such amendment, modification, supplement, waiver or consent and with respect to the provisions of Section 5, the written consent of the Market Maker;
provided that no amendment, modification, supplement, waiver or consent to any departure from the provisions of Section 6 hereof shall be effective as against any Holder of Registrable Securities or the Market Maker unless consented to
in writing by such Holder or the Market Maker, as applicable; provided, further, that any such amendment, modification, supplement, waiver or consent to any departure from the provisions of this Agreement relating solely to
Section 5 may be effected by a written consent duly executed solely by the Company and the Market Maker so long as any such amendment, modification, supplement, waiver or consent is not materially adverse to the Holders. Any amendments,
modifications, supplements, waivers or consents pursuant to this Section 7(b) shall be by a writing executed by each of the parties hereto. 

(c) Notices. All notices and other communications provided for or permitted hereunder shall be made in writing by hand-delivery,
registered first-class mail, telex, telecopier, or any courier guaranteeing overnight delivery: (i) if to a Holder, at the most current address given by such Holder to the Company by means of a notice given in accordance with the provisions of
this Section 7(c), which address initially is, with respect to the Initial Purchasers, the address set forth in the Purchase Agreement; (ii) if to the Company and the Guarantors, initially at the Company’s address set forth in the
Purchase Agreement and thereafter at such other address, notice of which is given in accordance with the provisions of this Section 7(c); (iii) if to the Market Maker, initially at 745 Seventh Avenue, New York, New York 10019, attention
Debt Capital Markets - High Yield, and thereafter at such other address, notice of which is given in accordance with the provisions of this Section 7(c); and (iv) to such other persons at their respective addresses as provided in the
Purchase Agreement and thereafter at such other address, notice of which is given in accordance with the provisions of this Section 7(c). All such notices and communications shall be deemed to have been duly given: at the time delivered by
hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when answered back, if telexed; when receipt is acknowledged, if telecopied; and on the next Business Day if timely delivered to an air
courier guaranteeing overnight delivery. Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving the same to the Trustee, at the address specified in the Indenture. 

 

 -25- 

 (d) Successors and Assigns. This Agreement shall inure to the benefit of and be
binding upon the successors, assigns and transferees of each of the parties, including, without limitation and without the need for an express assignment, subsequent Holders; provided that nothing herein shall be deemed to permit any
assignment, transfer or other disposition of Registrable Securities in violation of the terms of the Purchase Agreement or the Indenture. If any transferee of any Holder shall acquire Registrable Securities in any manner, whether by operation of law
or otherwise, such Registrable Securities shall be held subject to all the terms of this Agreement, and by taking and holding such Registrable Securities such Person shall be conclusively deemed to have agreed to be bound by and to perform all of
the terms and provisions of this Agreement and such Person shall be entitled to receive the benefits hereof. The Initial Purchasers (in their capacity as Initial Purchasers) shall have no liability or obligation to the Company or the Guarantors with
respect to any failure by a Holder (other than such Initial Purchaser) to comply with, or any breach by any Holder (other than such Initial Purchaser) of, any of the obligations of such Holder under this Agreement. 

(e) Third Party Beneficiaries. Each Holder shall be a third party beneficiary to the agreements made hereunder (excluding those
agreements made in Section 5 hereto) between the Company and the Guarantors, on the one hand, and the Initial Purchasers and the Market Maker, on the other hand, and shall have the right to enforce such agreements directly to the extent it
deems such enforcement necessary or advisable to protect its rights or the rights of other Holders hereunder. 
 (f)
Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute
one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by telecopier, facsimile, email or other electronic transmission (i.e., “pdf” or “tif”) shall be effective as delivery of a
manually executed counterpart of this Agreement. 
 (g) Headings. The headings in this Agreement are for convenience of
reference only, are not a part of this Agreement and shall not limit or otherwise affect the meaning hereof. 
 (h) Governing
Law. This Agreement, and any claims, controversy or dispute arising under or related to this Agreement, shall be governed by and construed in accordance with the laws of the State of New York without regard to conflict of law principles that
would result in the application of any laws other than the laws of the State of New York. 
 (i) Entire Agreement;
Severability. This Agreement contains the entire agreement between the parties relating to the subject matter hereof and supersedes all oral statements and prior writings with respect thereto. If any term, provision, covenant or restriction
contained in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable or against public policy, the remainder of the terms, provisions, covenants and restrictions contained herein shall remain in full force
and effect and shall in no way be affected, impaired or invalidated. The Company, the Guarantors and the Initial Purchasers shall endeavor in good faith negotiations to replace the invalid, void or unenforceable provisions with valid provisions the
economic effect of which comes as close as possible to that of the invalid, void or unenforceable provisions. 
  

 -26- 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written
above. 
  

			
	CSA ESCROW CORPORATION
		
	By:	 	 /s/ Allen J. Campbell

	Name:	 	Allen J. Campbell
	Title:	 	President

  

 -27- 

 Confirmed and accepted as of the date 

first above written: 
 DEUTSCHE BANK SECURITIES
INC. 
 For itself and on behalf of the 

several Initial Purchasers 
  

			
	By:	 	 /s/ Stephanie Perry

	Name:	 	Stephanie Perry
	Title:	 	Managing Director
		
	By:	 	 /s/ Philip Saliba

	Name:	 	Philip Saliba
	Title:	 	Director

  

 -28- 

 EXHIBIT A 

Joinder Agreement 

WHEREAS, CSA Escrow Corporation and Deutsche Bank Securities Inc., as representative of the Initial Purchasers named on Schedule 1 of the
Purchase Agreement (the “Initial Purchasers”), heretofore executed and delivered a Registration Rights Agreement (“Registration Rights Agreement”), dated May 11, 2010, providing for the registration and
exchange of the Securities (as defined therein); and 
 WHEREAS, Cooper-Standard Automotive Inc., a Delaware corporation (the
“Company”), and each of the Guarantors, which was originally not a party thereto, has agreed to join in the Registration Rights Agreement on the Release Date. 

Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Registration Rights
Agreement. 
 NOW, THEREFORE, the Company and each Guarantor hereby agrees for the benefit of the Initial Purchasers, as
follows: 
 1. Joinder. Each of the undersigned signatory parties hereby acknowledges that it has received and reviewed a
copy of the Registration Rights Agreement and all other documents it deems fit to enter into this Joinder Agreement (the “Joinder Agreement”), and acknowledges and agrees to (i) join and become a party to the Registration
Rights Agreement as indicated by its signature below; (ii) be bound by all covenants, agreements, representations, warranties, indemnities and acknowledgments attributable to the Guarantors and/or the Company, as applicable, to such signatory
party in the Registration Rights Agreement as if made by, and with respect to, such signatory party; and (iii) perform all obligations and duties required and be entitled to all the benefits of the Guarantors or the Company, as applicable, and
of such signatory party pursuant to the Registration Rights Agreement. 
 2. Representations and Warranties and Agreements of
the Company and the Subsidiary Guarantors. Each of the undersigned hereby represents and warrants to and agrees with the Initial Purchasers that it has all the requisite corporate or limited liability company power and authority, as the case may
be, to execute, deliver and perform its obligations under this Joinder Agreement and to consummate the transaction contemplated hereby and that when this Joinder Agreement is executed and delivered, it will constitute a valid and legally binding
agreement enforceable against each of the undersigned in accordance with its terms. 
 3. Counterparts. This Joinder
Agreement may be signed in one or more counterparts (which may be delivered in original form or via facsimile), each of which shall constitute an original when so executed and all of which together shall constitute one and the same agreement.

 4. Amendments. No amendment or waiver of any provision of this Joinder Agreement, nor any consent or approval to any
departure therefrom, shall in any event be effective unless the same shall be in writing and signed by all of the parties to the Registration Rights Agreement. 
  

 Ex. A-1 

 5. Headings. The section headings used herein are for convenience only and shall not
affect the construction hereof. 
 6. Applicable Law. This Joinder Agreement, and any claims, controversy or dispute
arising under or related to this Joinder Agreement, shall be governed by and construed in accordance with the laws of the State of New York without regard to conflict of law principles that would result in the application of any laws other than the
laws of the State of New York. 
  

 Ex. A-2 

 IN WITNESS WHEREOF, the undersigned has executed this agreement as of the date first written
above. 
  

			
	COOPER-STANDARD AUTOMOTIVE INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	COOPER-STANDARD HOLDINGS INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	[SUBSIDIARY GUARANTORS]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 Ex. A-3 

 Annex A 

Counterpart to Registration Rights Agreement 

The undersigned hereby absolutely, unconditionally and irrevocably agrees as a Guarantor (as defined in the Registration Rights
Agreement, dated as of May 11, 2010 by and among CSA Escrow Corporation, a Delaware corporation, and Deutsche Bank Securities Inc., on behalf of itself and the other Initial Purchasers) to be bound by the terms and provisions of such
Registration Rights Agreement. 
 IN WITNESS WHEREOF, the undersigned has executed this counterpart as of
                                         
       . 
  

			
	[NAME]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 Annex A-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]