Document:

EX-10.2

 Exhibit 10.2 

EMPLOYMENT AGREEMENT 

MKS Instruments, Inc., a Massachusetts corporation (the “Company”), and John Lee of Lexington, MA (“Employee”) agree,
effective May 9, 2018, as follows. 
 1. Employment. The Company is employing Employee on an
at-will basis in the position of President and Chief Operating Officer. Employee agrees to comply with the Company’s policies. 

2. Confidential Information Agreement. Employee will sign and deliver to the Company, at the same time that Employee executes this
Employment Agreement, the Confidential Information, Intellectual Property and Non-Solicitation Agreement of MKS Instruments, Inc. (“Confidential Information Agreement”) that is Attachment 1 to this
Employment Agreement. 
 3. Duty to The Company. While employed by the Company, Employee: (a) will devote his or her full working
time and best efforts to the business of the Company; and (b) will not (without the prior, express, written consent of the Chief Executive Officer of the Company) engage in any business activity (whether or not for gain) that interferes with
Employee’s work for the Company. Notwithstanding the previous sentence, this Employment Agreement does not prohibit Employee from managing his or her personal investments or engaging in charitable and unpaid professional activities (including
serving on charitable and professional boards), so long as doing so does not materially interfere with Employee’s work for the Company or violate Section 7 of this Employment Agreement. 

4. Compensation. 
 (a)
Base Salary. The Company will pay Employee base salary at the rate of $545,000 per year (the “Base Salary”), in accordance with the Company’s normal payroll practices. The Company may review and adjust the amount of the Base
Salary from time to time in its sole discretion. 
 (b) Incentive Compensation Plan. Employee will be entitled to participate in the
Company’s Annual Corporate Management/Key Employee Bonus Plan, to the extent applicable to Employee’s position. 
 (c) Stock
Incentive Plan. Employee will be entitled to participate in the Company’s stock incentive plan to the extent applicable to Employee’s position. 

(d) Benefits. Employee will be eligible to participate in the Company’s generally available employee benefit plans, which currently
include medical, dental, vision, life, accidental death and dismemberment, short-term disability and long-term disability insurance, a 401(k) savings plan and an employee stock purchase plan, subject to the terms and conditions of each plan. 

(e) Paid Time Off. Employee will be eligible for 20 days of paid vacation per year, plus paid sick time and holidays, all subject to the
terms and conditions of the Company’s policies. 
  

 (f) Expenses. The Company will reimburse Employee for expenses Employee reasonably incurs
in performing his or her duties, to the extent provided in the Company’s expense reimbursement policies. Reimbursement of expenses in one tax year will not affect reimbursement of expenses in any other tax year. 

5. End of Employment. Either Employee or the Company may end the employment relationship at any time, for any reason, with or without
notice or cause. The employment relationship will end automatically and immediately upon Employee’s death or entitlement to long-term disability benefits under the Company’s long-term disability program. The date on which Employee’s
employment ends, whether as the result of a resignation by Employee, a termination of employment by the Company or an automatic termination of employment upon death or disability, is referred to in this Employment Agreement as the “Employment
End Date.” If Employee resigns or the Company terminates Employee’s employment, the Company will (in either case) have the right at any time, for any reason in its sole discretion to decide the Employment End Date. In no event will the
Company’s deciding the Employment End Date following Employee’s resignation be considered termination by the Company of Employee’s employment. 

6. Company Obligations Upon End of Employment. When the employment relationship ends, the Company will have no obligation to pay or
provide Employee at any time any compensation, payment or benefit of any kind, except as expressly provided in Sections 6(a) though through 6(e) below. 

(a) Minimum Obligations. When the employment relationship ends, no matter how it ends: (i) the Company will pay Employee any unpaid
Base Salary through the Employment End Date; (ii) Employee will be entitled to accrued, vested benefits under the Company’s benefit plans and programs to the extent provided in Section 4(d); (iii) the Company will pay Employee
for any accrued but unused vacation; and (iv) the Company will reimburse Employee for any unreimbursed expenses incurred through the Employment End Date to the extent provided in Section 4(f). 

(b) 30 Days’ Base Salary After Certain Resignations. If Employee provides the Company at least 30 days’ advance written notice
of resignation of employment, is an active employee in good standing at the time of such notice and continues to perform his or her duties diligently and professionally to the extent requested thereafter, the Company will pay Employee his or her
Base Salary for at least 30 days after such notice, even if the Employment End Date is earlier. 
 (c) 30 Days’ Base Salary After
Certain Terminations. If the Company terminates Employee’s employment other than for Cause, as defined below, the Company will provide Employee with written notice of termination and pay Employee his or her Base Salary for at least 30 days
after such notice of termination, even if the Employment End Date is earlier. 
 (d) Eligibility for Ordinary Severance Pay. If the
Company terminates Employee’s employment, Employee will be eligible for severance pay in a lump sum in an amount equal to a minimum of 6 months of Base Salary or two weeks of Base Salary per year of service, whichever is greater, in either case
provided that all of 

  
 2 

 
the following conditions are satisfied: (i) the Company’s primary reason for terminating Employee’s employment was a change to the Company’s business needs (such as reduction
in force or elimination of position) and not Cause as defined below; (ii) Employee has complied with and continues to comply with all of Employee’s obligations under this Employment Agreement and the Confidential Information Agreement; and
(iii) Employee executes, provides to the Company within 45 days after the Employment End Date and does not thereafter revoke or attempt to revoke, a general release of claims in a form satisfactory to the Company (“General Release”).
The Company’s good-faith determination that one or more of the conditions listed above has not been satisfied will be binding and conclusive. 

(e) Eligibility for Enhanced Severance Compensation. Employee will become eligible for the “Enhanced Severance Compensation,”
as described below, instead of severance pay under Section 6(d) above or under any other program or policy of the Company, if and only if all of the following conditions are satisfied: (i) the Company terminates Employee’s employment
without “Cause” (as defined below) or Employee resigns for “Good Reason” (as defined below); (ii) the Employment End Date is within 24 months after the effective date of a Change in Control (as defined below); (iii) Employee has
complied with and continues to comply with all of Employee’s obligations under this Employment Agreement and the Confidential Information Agreement; and (iv) Employee executes, provides to the Company within 45 days after the Employment
End Date and does not thereafter revoke or attempt to revoke, a General Release. The Company’s good-faith determination that one or more of the conditions listed above has not been satisfied will be binding and conclusive. 

(f) “Enhanced Severance Compensation.” If Employee becomes eligible for the Enhanced Severance Compensation: 

(i) Base Salary. The Company will pay Employee, within 14 days after the General Release become irrevocable, a lump sum
in an amount equal to one and one half times annual Base Salary (determined without regard to any reduction in Base Salary giving rise to “Good Reason,” as defined below). 

(ii) Incentive Compensation. The Company will pay Employee, within 14 days after the General Release becomes
irrevocable, a lump sum equal to one and one half times the annual amount of incentive compensation for which Employee was eligible under any Incentive Compensation Plan of the Company then in effect for the year containing the Employment End Date.
Additionally, the Employee will receive a payment for target bonus, prorated for the current year. 
 (iii) Continuation
of Benefits. For a period of 18 months after the Employment End Date, to the extent Employee elects to continue group medical, vision, or dental insurance coverage under COBRA and timely remits the amount of premium assessed to similarly
situated active employees for comparable coverage, the Company will pay the Company’s usual share of such premiums. Benefits payable under this Section 6(f)(iii) will terminate to the extent Employee ceases to be eligible for COBRA
coverage under the Company’s medical benefits plan. Notwithstanding the foregoing, the Company will not pay the contribution toward COBRA coverage described above to the extent that the Company reasonably determines that doing so would subject
the Company to the excise tax under Section 4980D of the Internal Revenue Code (the “Code”) (as a result of discriminatory coverage under a group health plan). 

  
 3 

 (iv) Restricted Stock Units or Stock Appreciation Rights. Employee’s
unvested equity awards as of the Employment End Date will be subject to accelerated vesting to the extent provided in the respective equity award agreement issued to Employee under the then effective MKS Instruments, Inc. equity incentive plan
(including the MKS Instruments, Inc. 2014 Stock Incentive Plan. 
 (vi) No Obligation to Mitigate Damages; Effect on Other
Contractual Rights. Employee will not be required to mitigate damages or the amount of any payment provided for under this Employment Agreement by seeking other employment or otherwise, nor will any payment provided for under this Employment
Agreement be reduced by any compensation earned by Employee as the result of employment by an employer other than the Company or a direct or indirect parent, subsidiary or affiliate of the Company after the Employment End Date, or otherwise. 

(g) “Cause.” “Cause” to terminate Employee’s employment will exist if Employee: 

(i) commits a felony or engages in fraud, misappropriation or embezzlement; 

(ii) knowingly fails or refuses to perform Employee’s duties in a material way and, to the extent that the Company
determines such failure or refusal can reasonably be cured, fails or refuses to effect a cure within 10 days after the Company notifies Employee in writing of the failure or refusal; 

(iii) knowingly causes, or knowingly creates a serious risk of causing, material harm to the Company’s business or
reputation; or 
 (iv) breaches, in a material way, this Employment Agreement, the Confidential Information Agreement or any
other agreement between Employee and the Company, and, to the extent that the Company determines such breach can reasonably be cured, fails or refuses to effect a cure within 10 days after the Company notifies Employee in writing of the breach. 

(h) “Good Reason.” “Good Reason” for Employee to resign will exist if, without Employee’s express written
consent: 
 (i) the Company materially reduces Employee’s position, duties or responsibilities; 

  
 4 

 (ii) the Company reduces Employee’s Base Salary as in effect on the date
hereof or as the same may be increased from time to time during the term of this Employment Agreement; 
 (iii) the Company
changes Employee’s principal place of work to a location more than 50 miles from Employee’s current principal place of work. 
 Notwithstanding
the foregoing, an action described above will not constitute Good Reason unless: (A) Employee, within 30 days after the he or she learns, or with reasonable diligence should have learned, of such action, delivers to the Company written notice
identifying the action as Good Reason and demanding its correction; (B) the Company fails to correct such event within 30 days after receipt of such notice; and (C) Employee resigns for Good Reason within 90 days after the date Employee
learned, or with reasonable diligence should have learned, of such action.  
 (i) “Change in Control.” For purposes
of this Employment Agreement, the term “Change in Control” will mean the first to occur of any of the following events: (i) any “person” (as that term is used in Section 13 and 14(d)(2) of the Securities Exchange Act of
1934 (“Exchange Act”)) becomes the beneficial owner (as that term is used in Section 13(d) of the Exchange Act), directly or indirectly, of fifty percent (50%) or more of MKS’ capital stock entitled to vote in the election of
directors; (ii) the shareholders of MKS approve any consolidation or merger of MKS other than a consolidation or merger of MKS in which the holders of the common stock of MKS immediately prior to the consolidation or merger hold more than fifty
percent (50%) of the common stock of the surviving corporation immediately after the consolidation or merger; or (iii) the shareholders of MKS approve the sale or transfer of all or substantially all of the assets of MKS to parties that are not
within a “controlled group of corporations” (as defined in Code Section 1563) in which MKS is a member. 
 7. Non-Competition. 
 (a) During Employee’s MKS Employment (as defined below) and for 12 months
immediately thereafter (together, the “Non-Compete Period”), Employee will not engage in or otherwise carry on, directly or indirectly anywhere in the world (as principal, agent, employee, employer,
investor, shareholder (except for holdings of no greater than 1% of the total outstanding shares in a publicly-traded company), consultant, partner, member, manager, financier or in any other individual or representative capacity of any kind
whatsoever), any Competitive Activity (as defined below). 
 (b) “MKS Employment” means the period beginning on the first day
that Employee is employed by the Company and ending on the first day on which Employee is no longer employed by any MKS Entity (as defined below). 

(c) “MKS Entity” means (i) the Company; (ii) any current or future parent, subsidiary or affiliate of the Company; or
(iii) any successor or assign of (i) or (ii). 

  
 5 

 (d) “Competitive Activity” means business or activity competitive with an MKS Entity
but only to the extent that business or activity is related to, similar to or competitive with the activities of the business unit(s), division(s), laborator(y)(ies), facilit(y)(ies) and other operational unit(s) in or for which Employee performed
work for an MKS Entity or about which Employee acquired Proprietary Information (as defined in the Confidential Information Agreement). 

(e) The Non-Compete Period will be extended for any period during which Employee is in breach of this
Employment Agreement or the Confidential Information Agreement. 
 (f) If any court of competent jurisdiction determines that this
Section 7 is unenforceable because the Non-Compete Period is too long or because Competitive Activity includes too great a range of activities or too wide a geographic scope, the parties agree that this
Section 7 should be interpreted to extend only over the maximum period of time or range of activities or geographic scope as to which it may be enforceable. 

(g) The post-employment restrictions on Employee’s conduct contained in this Employment Agreement and in the Confidential Information
Agreement: (i) will continue to apply even if Employee’s duties, title, compensation, location or other terms or conditions of employment change, and even if such change or changes are material; and (ii) will apply regardless of how
or why Employee’s employment ends. 
 (h) The Company and Employee agree that violation by Employee of any of the provisions of this
Section 7 of this Employment Agreement would cause the Company irreparable harm beyond what could reasonably or adequately be compensated in damages, and that the Company would therefore be entitled (in addition to the Company’s other
remedies) to an injunction, declaratory judgment or restraining order against any such violation or threatened violation. 
 8. Code
Section 409A Compliance. 
 (a) Where this Employment Agreement refers to Employee’s termination of employment
for purposes of receiving any payment, whether such a termination has occurred will be determined in accordance with Section 409A of the Internal Revenue Code (the “Code”) and Treasury Regulation
Section 1.409A-1(h) (or any successor provisions) to the extent required by law. 
 (b) To the
extent that benefits under Section 6 are contingent upon Employee providing a General Release, Employee will sign and return the General Release within the reasonable time period designated by the Company, which will not be more than 45 days.
If the period for Employee to review a General Release plus any revocation period crosses calendar years, payments contingent upon the Release will be made in the later calendar year. Any payments contingent upon the General Release that would
otherwise be made during the period for review and revocation of the General Release will be made, provided that the General Release is timely executed and returned to the Company and not revoked, on the first scheduled payment date after such
period ends. Each payment in respect of Employee’s termination of employment under Section 6 of the Employment Agreement is designated as a separate payment for Section 409A purposes. 

  
 6 

 (c) If Employee is designated as a “specified Executive” within the meaning of Code
Section 409A (while the Company is publicly traded), any deferred compensation payment subject to Section 409A to be made during the six-month period following Employee’s termination of
employment will be withheld and the amount of the payments withheld will be paid in a lump sum, without interest, during the seventh month after Employee’s termination; provided, however, that if Employee dies prior to the expiration of such
six month period, payment to Employee’s beneficiary will be made as soon as reasonably practicable following Employee’s death. The Company will identify in writing delivered to Employee any payments it reasonably determines are subject to
delay under this Section 8(c). In no event will the Company have any liability or obligation with respect to taxes for which Employee may become liable as a result of the application of Code Section 409A. 

9. Code Sections 280G/4999. If (a) any payments or benefits to Employee in connection with this Employment Agreement
(“Payments”) would be subject to the excise tax imposed by Code Section 4999 (the “Parachute Tax”), (b) paying Employee a lesser amount would avoid the Parachute Tax entirely and (c) payment of such lesser amount would,
after taking into account applicable federal, state and local income taxes and the Parachute Tax, result in Employee receiving a greater after-tax payment than if the Company made the Payments in full, then
the Company will pay Employee such lesser amount instead of making the Payments in full. The reporting and payment of any Parachute Tax will in all events be Employee’s responsibility. The Company will not in any event provide a gross-up or any other payment to compensate Employee for the payment of the Parachute Tax or for any reduction in the Payments. The Company will withhold from the Payments any amounts it reasonably determines are
required under Code Section 4999(c) and the Treasury Regulations thereunder. 
 10. Withholding. The Company will deduct from the
amounts payable to Employee pursuant to this Employment Agreement all withholding amounts and deductions required by law or authorized by Employee. 

11. Changes to Plans and Policies. Nothing in this Employment Agreement will: (a) require the Company or its affiliates to
establish, maintain or continue any incentive compensation plan, stock incentive plan or other benefit plan, policy or arrangement; (b) restrict the right of the Company or any of its affiliates to amend, modify or terminate any such plan,
policy or arrangement; (c) entitle Employee to participate in any such plan policy or arrangement at any specified level (or at all) in any year; or (d) prevent any future change to any such plan, policy or arrangement from applying to
Employee in accordance with the terms of the change. 
 12. Assignment. The rights and obligations of the Company under this
Employment Agreement will inure to the benefit of, and be binding upon, the Company’s successors and assigns. The rights and obligations of Employee under this Employment Agreement will inure to the benefit of, and will be binding upon,
Employee’s heirs, executors and legal representatives. Employee may not delegate or assign any obligations under this Employment Agreement. 

  
 7 

 13. Entire Agreement and Severability. This Employment Agreement and the Confidential
Information Agreement supersede any and all other agreements, either oral or in writing, between Employee and the Company with respect to the Company’s employment of Employee. They contain all of the covenants and agreements between the parties
with respect to such employment. Neither party is entering into this Employment Agreement on the basis of any representation, inducement, promise or agreement, oral or otherwise, by any party, or by any one acting on behalf of any party, which is
not stated herein. Any modification of this Employment Agreement will be effective only if it is in writing and signed by both parties to this Employment Agreement. If any provision in this Employment Agreement is held by a court of competent
jurisdiction to be invalid, void or unenforceable, the remaining provisions will nevertheless continue in full force and effect without being impaired or invalidated in any way. 

14. Miscellaneous. This Employment Agreement and the rights and obligations of the parties hereunder will be governed by, and construed
in accordance with, the laws of the Commonwealth of Massachusetts, excluding (but only to the extent permitted by law) its conflict of laws and choice of law rules. The parties agree that service of any process, summons, notice or document by U.S.
certified mail or overnight delivery by a generally recognized commercial courier service to Employee’s last known address (or any mode of service recognized to be effective by applicable law) will be effective service of process for any
action, suit or proceeding brought against Employee. The failure of either party hereto to enforce any right under this Employment Agreement will not be considered a waiver of that right, or of damages caused thereby, or of any other rights under
this Employment Agreement. 
 15. Arbitration and Waiver of Jury Trial. 

(a) Any “Legal Dispute” (as defined below) between Employee and any MKS Entity (or between Employee and any employee or agent of
any MKS Entity, to the extent directly or indirectly arising from or relating in any way to Employee’s employment with or separation from the Company) will be resolved by final and binding arbitration. Notwithstanding the foregoing sentence,
the Company may, in its sole discretion, obtain preliminary injunctive relief enforcing the provisions of the Confidential Information Agreement or Section 7 of this Employment Agreement from any court of competent jurisdiction. 

(b) “Legal Dispute” means a dispute about legal rights or legal obligations, including but not limited to any rights or obligations
arising under this Employment Agreement; the Confidential Information Agreement; any other agreement; any applicable legal or equitable doctrine; any applicable common law theory; or any applicable federal, state or local, statute, regulation or
other legal requirement. 
 (c) The arbitration will be held in the Commonwealth of Massachusetts. It will be conducted in accordance with
the then-prevailing Employment Arbitration Rules of the American Arbitration Association. 

  
 8 

 (d) Notwithstanding any other provision of this Employment Agreement or any other agreement or of
any arbitration rules, no Legal Dispute involving any MKS Entity may be included in any class or collective arbitration or any other class or collective proceeding. The exclusive method for resolving any such Legal Dispute will be arbitration on an
individual basis. 
 (e) Any issues about whether a dispute is subject to arbitration will be determined by a court of competent jurisdiction
and not by an arbitrator. Any issues about the meaning or enforceability of Section 15(d) will be decided by a court of competent jurisdiction and not by an arbitrator. 

(f) The Company, Employee and the arbitrator will treat all aspects of the arbitration proceedings, including without limitation, discovery,
testimony and other evidence, briefs and the award, as strictly confidential, except that the arbitration award may be disclosed to the extent necessary to enforce the award, the provisions of the Confidential Information Agreement or the provisions
of this Employment Agreement. 
 (g) Employee and the Company understand and acknowledge that by agreeing to arbitrate the disputes covered
by this Section 15, they are waiving the right to resolve those disputes in court and waiving any right to a jury trial with respect to those disputes. 

16. Knowing and Voluntary Agreement. Employee understands that Employee has the right to consult counsel before signing this Employment
Agreement. 
 IN WITNESS WHEREOF, the parties hereto have executed, in the Commonwealth of Massachusetts, this Employment Agreement as a
sealed instrument, all as of the day, month and year first written above. 
  

			
	MKS INSTRUMENTS, INC.	  	
		
	By: /s/ Catherine
Langtry                                        
                        	  	Dated: May 10, 2018
	Name: Catherine Langtry	  	
	Title: Senior Vice President, Global Human Resources	  	
		
	 /s/ John Lee
	  	Dated: May 10, 2018
	[EMPLOYEE]	  	

  

  
 9EX-4.1

 Exhibit 4.1 

EXECUTION VERSION 
 REPUBLIC
SERVICES, INC. 
 to 
 U.S. BANK
NATIONAL ASSOCIATION 
 as Trustee 
  

 
 SEVENTH
SUPPLEMENTAL INDENTURE, 
 Dated as of May 14, 2018 
  

 
 $800,000,000

 3.950% Notes due 2028 
  

 
 Supplement to
Indenture dated as of November 25, 2009 

 SEVENTH SUPPLEMENTAL INDENTURE, dated as of May 14, 2018 (the “Seventh Supplemental
Indenture”), between REPUBLIC SERVICES, INC., a Delaware corporation (hereinafter called the “Company”) and U.S. BANK NATIONAL ASSOCIATION, as trustee under the Base Indenture referred to below (hereinafter called the
“Trustee”). 
 WHEREAS, the Company entered into an Indenture dated as of November 25, 2009 (the “Base Indenture,”
all capitalized terms used in this Seventh Supplemental Indenture and not otherwise defined being used as defined in the Base Indenture) (the Base Indenture, as supplemented, including as supplemented by this Seventh Supplemental Indenture is
hereinafter collectively called the “Indenture”) with the Trustee, providing for the issuance of senior debt securities, unlimited as to principal amount, to bear such rates of interest, to mature at such time or times, to be issued in one
or more series and to have such other provisions as authorized by or pursuant to the authority granted in one or more resolutions of the Board of Directors of the Company; and 

WHEREAS, the Company proposes to issue $800,000,000 aggregate principal amount of its 3.950% Notes due 2028 (such notes being referred to
herein as the “Notes” and all references to Securities in the Base Indenture shall be deemed to refer also to the Notes unless the context otherwise provides); and 

WHEREAS, Section 9.01 of the Base Indenture provides that without the consent of the Holders of the Securities of any series issued under
the Base Indenture, the Company, when authorized by a Board Resolution, and the Trustee may enter into one or more indentures supplemental to the Base Indenture to, among other things, establish the form or terms of securities of any series as
permitted by Sections 2.01 and 3.01 thereof; and 
 WHEREAS, the entry into this Seventh Supplemental Indenture by the parties hereto is in
all respects authorized by the provisions of the Base Indenture; and 
 WHEREAS, all things necessary have been done to make this Seventh
Supplemental Indenture, when executed and delivered by the Company, the legal, valid and binding agreement of the Company, in accordance with its terms; and 

WHEREAS, all things necessary have been done to make the Notes, when executed and delivered by the Company and authenticated by the Trustee as
provided for in the Indenture, the legal, valid and binding agreements of the Company, in accordance with their terms; and 
 NOW,
THEREFORE, THIS SEVENTH SUPPLEMENTAL INDENTURE WITNESSETH: 
 The parties hereto mutually covenant and agree as follows: 

SECTION 1.    The Base Indenture is hereby amended solely with respect to the Notes, except as otherwise expressly
provided herein, as follows: 
 (A)    By amending Section 1.01 to replace in whole the following definitions
thereto in lieu of the corresponding existing definitions, so that in the event of a 

  
 1 

 
conflict with the definition of terms in the Base Indenture, the following definitions shall control: 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having a
maturity comparable to the remaining term of the Notes to be redeemed (assuming that the Notes matured on the Par Call Date) that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues
of corporate debt securities of a comparable maturity to the remaining term of the Notes (assuming that the Notes matured on the Par Call Date). 

“Comparable Treasury Price” means, with respect to any Redemption Date, (A) the average of six Reference Treasury Dealer
Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations; or (B) if the Independent Investment Banker obtains fewer than six such Reference Treasury Dealer Quotations, the average of all
such quotations. 
 “Independent Investment Banker” means one of J.P. Morgan Securities LLC, Merrill Lynch, Pierce,
Fenner & Smith Incorporated or U.S. Bancorp Investments, Inc., as selected by the Company, and their respective successors, or if each of such firms is unwilling or unable to select the Comparable Treasury Issue, an independent investment
banking institution of national standing appointed by the Company. 
 “Moody’s” means Moody’s Investors Service, Inc., a
subsidiary of Moody’s Corporation, and its successors. 
 “Reference Treasury Dealer” means (1) each of J.P. Morgan
Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated and their respective successors, provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in New York City (a
“Primary Treasury Dealer”), the Company will substitute for such firm another Primary Treasury Dealer, and (2) up to four additional Primary Treasury Dealers selected by the Independent Investment Banker after consultation with the
Company. 
 “Restricted Subsidiary” means any Subsidiary of the Company which, at the time of determination, owns or is a lessee
pursuant to a capital lease of any Principal Property. 
 “S&P” means S&P Global Ratings, a division of S&P Global
Inc., and its successors. 
 “Treasury Rate” means, with respect to any Redemption Date, (1) the yield, under the heading
that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the Board of Governors of the Federal
Reserve 

  
 2 

 
System and that establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the Par Call Date, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the
Treasury Rate will be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month) or (2) if such release (or any successor release) is not published during the week preceding the calculation date or
does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for such Redemption Date. The Treasury Rate will be calculated on the third Business Day preceding the Redemption Date. 

(B)    By amending Section 1.01 to add the following new definitions in correct alphabetical order: 

“Change of Control” means the occurrence of any of the following after the date of issuance of the Notes: 

1.    the direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or
consolidation), in one or a series of related transactions, of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole to any “person” or “group” (as those terms are used in
Section 13(d)(3) of the Exchange Act) other than to the Company or one of its Subsidiaries; 
 2.    the
consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is that any “person” or “group” (as those terms are used in Section 13(d)(3) of the Exchange Act, it being
agreed that an employee of the Company or any of its Subsidiaries for whom shares are held under an employee stock ownership, employee retirement, employee savings or similar plan and whose shares are voted in accordance with the instructions of
such employee shall not be a member of a “group” (as that term is used in Section 13(d)(3) of the Exchange Act) solely because such employee’s shares are held by a trustee under said plan) becomes the “beneficial owner”
(as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of the Company’s Voting Stock representing more than 50% of the voting power
of its outstanding Voting Stock; 
 3.    the Company consolidates with, or merges with or into, any Person, or any
Person consolidates with, or merges with or into, the Company, in any such event pursuant to a transaction in which any of the Company’s outstanding Voting Stock or Voting Stock of such other Person is converted into or exchanged for cash,
securities or other property, other than any such transaction where the Company’s 

  
 3 

 
Voting Stock outstanding immediately prior to such transaction constitutes, or is converted into or exchanged for, Voting Stock representing more than 50% of the voting power of the Voting Stock
of the surviving Person immediately after giving effect to such transaction; 
 4.    during any period of 24 consecutive
calendar months, the majority of the members of the Company’s Board of Directors shall no longer be composed of individuals (a) who were members of the Company’s Board of Directors on the first day of such period or (b) whose
election or nomination to the Company’s Board of Directors was approved by individuals referred to in clause (a) above constituting, at the time of such election or nomination, at least a majority of the Company’s Board of Directors
or, if directors are nominated by a committee of the Company’s Board of Directors, constituting at the time of such nomination, at least a majority of such committee; or 

5.    the adoption of a plan relating to the Company’s liquidation or dissolution. 

“Change of Control Triggering Event” means, with respect to the Notes, the Notes cease to be rated Investment Grade by each of the
Rating Agencies on any date during the period (the “Trigger Period”) commencing 60 days prior to the first public announcement by the Company of any Change of Control (or pending Change of Control) and ending 60 days following consummation
of such Change of Control (which Trigger Period will be extended following consummation of a Change of Control for so long as any of the Rating Agencies has publicly announced that it is considering a possible ratings change). If a Rating Agency is
not providing a rating for the Notes at the commencement of any Trigger Period, the Notes will be deemed to have ceased to be rated Investment Grade by such Rating Agency during that Trigger Period. Notwithstanding the foregoing, no Change of
Control Triggering Event will be deemed to have occurred in connection with any particular Change of Control unless and until such Change of Control has actually been consummated. 

“Investment Grade” means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating category of
Moody’s) and a rating of BBB- or better by S&P (or its equivalent under any successor rating category of S&P), and the equivalent investment grade credit rating from any replacement rating agency
or rating agencies selected by the Company under the circumstances permitting the Company to select a replacement agency and in the manner for selecting a replacement agency, in each case as set forth in the definition of “Rating Agency.”

 “Notes” has the meaning set forth in the Recitals. 

“Par Call Date” has the meaning set forth in Section 11.01. 

  
 4 

 “Rating Agency” means each of Moody’s and S&P; provided, that if either of
Moody’s or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside the Company’s control, the Company may appoint another “nationally recognized statistical rating
organization” within the meaning of Section 3(a)(62) of the Exchange Act as a replacement for such Rating Agency; provided, that the Company shall give notice of such appointment to the Trustee. 

“Voting Stock” of any specified Person as of any date means the capital stock of such Person that is at the time entitled to vote
generally in the election of the board of directors of such Person. 
 (C)    By amending Section 4.01 by adding the
following sentence at the end of thereof: 
 “Both Section 4.02 (defeasance and discharge) and Section 4.03 (covenant
defeasance) shall apply to the Notes.” 
 (D)    By replacing Section 4.03 in its entirety with the following:

 “Upon the Company’s exercise of the option applicable to this Section 4.03 with respect to the Notes, the Company shall be
released from its obligations under any covenant or provision contained or referred to in Sections 10.05, 10.06, 10.07 and 14.01, with respect to the Defeased Securities, on and after the date the conditions set forth in Section 4.04 below are
satisfied (hereinafter, “covenant defeasance”), and the Defeased Securities shall thereafter be deemed to be not “Outstanding” for the purposes of any direction, waiver, consent or declaration or Act of Holders (and the
consequences of any thereof) in connection with such covenants, but shall continue to be deemed “Outstanding” for all other purposes hereunder, and the Events of Default under Section 5.01(c), (d) and (e) shall cease to be in
full force and effect with respect to the Notes. For this purpose, such covenant defeasance means that, with respect to the Defeased Securities, the Company may omit to comply with and shall have no liability in respect of any term, condition or
limitation set forth in any such Section, whether directly or indirectly, by reason of any reference elsewhere herein to any such Section or by reason of reference in any such Section to any other provision herein or in any other document and such
omission to comply shall not constitute a Default or an Event of Default under Section 5.01(c), (d) and (e) but, except as specified above, the remainder of this Indenture and such Defeased Securities shall be unaffected thereby.”

 (E)    By amending Section 9.01 by: 
  

	 	(a)	deleting the period at the end of clause (m) and inserting the following: “; and”; and 

  

	 	(b)	inserting the following clause after clause (m): 

  
 5 

 “(n) to add additional Securities of the same class and series in one or more tranches from
time to time.” 
 (F)    By amending Section 9.02 by: 

 

	 	(a)	deleting the word “or” at the end of clause (j); 

  

	 	(b)	deleting the period at the end of clause (k) and inserting the following: “; or”; and 

  

	 	(c)	inserting the following clause after clause (k): 

 “(l) amend, change or modify the
Company’s obligation to make and consummate a Change of Control Offer in the event of a Change of Control Triggering Event in accordance with Section 14.01 after such Change of Control Triggering Event has occurred, including amending,
changing or modifying any definition related thereto.” 
 (G)    By inserting after the first sentence in
Section 3.01 the following: 
 “The aggregate principal amount of Notes which may be issued under this Indenture shall be unlimited
and the Company may issue additional notes of the same class and series as the Notes (the “Additional Notes”) in one or more tranches from time to time, without notice to or the consent of existing Holders of the Securities of any series,
including the Notes. The Additional Notes shall have the same terms as all other Notes and all references in the Indenture shall be deemed to also refer to the Additional Notes. The Additional Notes shall vote as a class with all other Notes as to
matters as to which such Notes have a vote.” 
 (H)    By replacing Section 11.01 in its entirety with the
following: 
 “(a)    Prior to February 15, 2028 (three months prior to the Stated Maturity of the Notes) (the
“Par Call Date”), the Notes will be redeemable, in whole or in part, at the option of the Company, at any time or from time to time, at a Redemption Price equal to the greater of: 

(1)    100% of the principal amount of the Notes to be redeemed, and 

(2)    the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be
redeemed (assuming that such Notes matured on the Par Call Date) discounted to the Redemption Date on a semi-annual 

  
 6 

 
basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable Treasury Rate, plus 20 basis
points. 
 In the case of each of clauses (1) and (2), accrued and unpaid interest will be payable to, but excluding, the Redemption
Date, if any (subject to the right of holders of record of such Notes on the relevant record date to receive interest due on an Interest Payment Date). 

(b)    On or after the Par Call Date, the Notes will be redeemable, in whole or in part, at the option of the Company, at
any time or from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to the Redemption Date, if any (subject to the right of holders of record of such Notes
on the relevant record date to receive interest due on an Interest Payment Date).” 
 (I)    By amending
Section 11.04 by deleting the number 30 and inserting “15”. 
 (J)    By amending Section 11.05 by
deleting the number 30 and inserting “15”. 
 (K)    By replacing the first sentence in Section 11.06 with
the following: 
 “On or prior to 10:00 a.m., New York City time, on any Redemption Date, the Company shall deposit with the Trustee or
with a Paying Agent (or, if the Company or any of its Affiliates is acting as Paying Agent, segregate and hold in trust as provided in Section 10.03) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if
the Redemption Date shall be an Interest Payment Date or Special Payment Date) accrued and unpaid interest on, all the applicable series of Securities or portions thereof which are to be redeemed.” 

(L)    By adding as a new “Article XIV” thereto the following: 

“Article XIV 
 Repurchase
of Notes at the Option of the Holders 
 Section 14.01. REPURCHASE AT OPTION OF HOLDERS UPON A CHANGE OF CONTROL 

(a)    Upon the occurrence of a Change of Control Triggering Event with respect to the Notes, unless the Company has
exercised its right to redeem the Notes pursuant to Article XI of the Indenture, each Holder of Notes shall have the right to require the Company to purchase all or a portion (equal to 

  
 7 

 
$2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the offer described below (the “Change of Control Offer”), at a purchase price equal
to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to, but excluding, the date of purchase (the “Change of Control Payment”), subject to the rights of Holders on the relevant Regular Record Date to receive
interest due on the relevant Interest Payment Date. 
 (b)    Within 30 days following the date upon which the Change of
Control Triggering Event occurred with respect to the Notes, or at the Company’s option, prior to any Change of Control but after the public announcement of the pending Change of Control, the Company shall send, by first class mail, a notice to
each Holder of Notes, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Offer. 
 Such notice shall
state: 
 (i)    the events causing the Change of Control; 

(ii)    the date of the Change of Control; 

(iii)    the amount of the Change of Control Payment; 

(iv)    that the Holder must exercise the repurchase right prior to the close of business on the purchase date, which must
be no earlier than 30 days nor later than 60 days from the date such notice is mailed, other than as may be required by law (the “Change of Control Payment Date”); 

(v)    if the notice is mailed prior to any Change of Control but after the public announcement of the pending Change of
Control, that the offer is conditioned on the Change of Control being consummated on or prior to the Change of Control Payment Date; 

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

(vii)    that the Holder must complete the Change of Control Repurchase Notice (as defined below) to participate in the
Change of Control Offer; and 
 (viii)    any other procedures that Holders must follow to require the Company to
repurchase the Notes. 
 (c)    Repurchases of Notes under this Section 14.01 shall be made, at the option of the
Holder thereof, upon 
 (i)    delivery to the Trustee (or other Paying Agent appointed by the Company) by a Holder of a
duly completed 

  
 8 

 
notice (the “Change of Control Repurchase Notice”) in the form set forth on the reverse of the Note at any time prior to 5:00 p.m., New York City Time, on the Change of Control Payment
Date; or 
 (ii)    delivery or book-entry transfer of the Notes to the Trustee (or other Paying Agent appointed by the
Company) at any time after delivery of the Change of Control Repurchase Notice (together with all necessary endorsements) at the Corporate Trust Office of the Trustee or the corporate trust office of its Affiliate (or other Paying Agent appointed by
the Company) in the Borough of Manhattan, such delivery being a condition to receipt by the Holder of the Change of Control Payment therefor; provided that such Change of Control Payment shall be so paid pursuant to this Section 14.01 only if
the Note so delivered to the Trustee (or other Paying Agent appointed by the Company) shall conform in all respects to the description thereof in the related Change of Control Repurchase Notice. 

The Change of Control Repurchase Notice shall state: 

(i)    if certificated, the certificate numbers of Notes to be delivered for repurchase; 

(ii)    the portion of the principal amount of Notes to be repurchased, which must be $2,000 or an integral multiple of
$1,000 in excess thereof; 
 (iii)    that the Notes are to be repurchased by the Company pursuant to the applicable
provisions of the Notes and the Indenture; and 
 (iv)    if such Change of Control Repurchase Notice is delivered prior
to the occurrence of a Change of Control pursuant to a definitive agreement giving rise to a Change of Control, that the Holder acknowledges that the Company’s offer is conditioned on the consummation of such Change of Control. 

provided, however, that if the Notes are not in certificated form, the Change of Control Repurchase Notice must comply with appropriate
procedures of the Depositary. 
 (d)    On the Change of Control Payment Date, the Company shall, to the extent lawful:

 (i)    accept or cause a third party to accept for payment all Notes or portions of Notes properly tendered pursuant
to the Change of Control Offer, 

  
 9 

 (ii)    deposit or cause a third party to deposit with the Paying Agent an
amount equal to the Change of Control Payment in respect of all the Notes or portions of the Notes properly tendered, and 

(iii)    deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officers’
Certificate stating the aggregate principal amount of Notes or portions of Notes being repurchased. 
 (e)    The
Company shall not be required to make a Change of Control Offer with respect to the Notes if a third party makes such an offer in the manner, at the times and otherwise in compliance with the requirements for such an offer made by the Company and
such third party purchases all the Notes properly tendered and not withdrawn under its offer. 
 Section 14.02. COMPLIANCE WITH TENDER
OFFER RULES 
 The Company shall comply in all material respects with the requirements of Rule 14e-1
under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent
that the provisions of any such securities laws or regulations conflict with the Change of Control Offer provisions of the Notes, the Company shall comply with those securities laws and regulations and shall not be deemed to have breached the
Company’s obligations under the Change of Control Offer provisions of the Notes by virtue of any such conflict.” 

(M)    The form of Security attached as Exhibit A hereto shall be the form of Note for the series of Notes established by
this Seventh Supplemental Indenture and the terms therein shall be incorporated by reference into this Seventh Supplemental Indenture. 

SECTION 2.    Unless otherwise supplemented or amended by this Seventh Supplemental Indenture, the Base Indenture is
incorporated by reference in full into this Seventh Supplemental Indenture, and all parties to this Seventh Supplemental Indenture agree to be bound by the terms and provisions of the Base Indenture as supplemented and amended by this Seventh
Supplemental Indenture. The Base Indenture and this Seventh Supplemental Indenture shall be read, taken and construed as one and the same instrument. All provisions included in this Seventh Supplemental Indenture supersede any similar provisions
included in the Base Indenture unless not permitted by law. 
 SECTION 3.    If any provision hereof limits, qualifies
or conflicts with another provision hereof which is required to be included in this Seventh Supplemental Indenture by any of the provisions of the Trust Indenture Act, such required provision shall control. 

  
 10 

 SECTION 4.    All covenants and agreements in this Seventh Supplemental
Indenture by the Company shall bind its successors and assigns, whether so expressed or not. 
 SECTION 5.    In case
any provision in this Seventh Supplemental Indenture or in the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions herein and therein shall not in any way be affected or impaired
thereby. 
 SECTION 6.    Nothing in this Seventh Supplemental Indenture, expressed or implied, shall give to any
Person, other than the parties hereto and their successors hereunder, and the Holders of the Notes any benefit or any legal or equitable right, remedy or claim under this Seventh Supplemental Indenture. 

SECTION 7.    This Seventh Supplemental Indenture and each Note shall be deemed to be a contract made under the laws of
the State of New York and this Seventh Supplemental Indenture and each such Note shall be governed by and construed in accordance with the laws of the State of New York. 

SECTION 8.    All terms used in this Seventh Supplemental Indenture not otherwise defined herein that are defined in the
Base Indenture shall have the meanings set forth therein. 
 SECTION 9.    This Seventh Supplemental Indenture may be
executed in any number of counterparts, each of which shall be an original; but such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of a signature page hereto by facsimile or electronic
transmission shall be as effective as delivery of a manually executed counterpart of this Seventh Supplemental Indenture. 
 SECTION
10.    The recitals contained herein and in the Notes, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness.
The Trustee makes no representations as to the validity or sufficiency of this Seventh Supplemental Indenture or the Notes. The Trustee shall not be accountable for the use or application by the Company of Notes or the proceeds thereof. 

  
 11 

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

			
	REPUBLIC SERVICES, INC., as Issuer
		
	By:	 	 
		 	Name:  Nicole Giandinoto
		 	Title:    Vice President, Treasury

  
 [Signature Page to
Seventh Supplemental Indenture] 

 
			
	U.S. BANK NATIONAL ASSOCIATION, as Trustee

 
			
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

  
 [Signature Page to
Seventh Supplemental Indenture] 

 EXHIBIT A 

[FORM OF FACE OF SECURITY] 
 [THIS SECURITY IS A
GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY OR A SUCCESSOR DEPOSITARY. TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN
WHOLE, BUT NOT IN PART, TO NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH
IN SECTION 3.06 OF THE INDENTURE. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY SUCH CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1 

 

	1 	These paragraphs should be included only if the Note is issued in global form. 

  
 A-1 

 REPUBLIC SERVICES, INC. 

3.950% NOTES DUE 2028 
 CUSIP NO.
760759AT7 
 ISIN NO. US760759AT74 
  

			
	
No.                
	  	$                                   
 

 Republic Services, Inc., a Delaware corporation (herein called the “Company,” which term includes any successor
Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ____________________ or its registered assigns, the principal sum of ____________________ ($___________________) United States dollars [,or such
greater or lesser amount as may from time to time be endorsed on the Schedule of Increases and Decreases of Interests in the Global Note attached hereto (but in no event may such amount exceed the aggregate principal amount of Notes authenticated
pursuant to Section 3.03 of the Indenture referred to below and then Outstanding pursuant the terms of the Indenture)]2, on May 15, 2028, at the office or agency of the Company referred
to below, and to pay interest thereon from ____________________ or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on May 15 and November 15 in each year, commencing
November 15, 2018 at the rate of 3.950% per annum, in United States dollars, until the principal hereof is paid or duly provided for. Interest shall be computed on the basis of a 360-day year comprised of
twelve 30-day months. 
 The interest so payable, and punctually paid or duly provided for, on any
Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or any Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall be the
May 1 or November 1 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid, or duly provided for, and interest on such defaulted interest at the interest
rate borne by the Securities, to the extent lawful, shall forthwith cease to be payable to the Holder on such Regular Record Date, and may either be paid to the Person in whose name this Security (or any Predecessor Securities) is registered at the
close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice thereof shall be given to Holders of Securities not less than 10 days prior to such Special Record Date, or be paid at any time
in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. 

Payment of the principal of, premium, if any, and interest on, this Security, and exchange or transfer of this Security, will be made at the
office or agency of the Company in The City of New York maintained for such purpose (which initially will be a corporate trust office of the Trustee or its affiliate located at 100 Wall Street, Suite 1600, New York, NY 10005), or at such other
office or agency as may be maintained for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that payment of 

 

	2 	 Use if Global Security 

  
 A-2 

 
interest may be made at the option of the Company by check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register. 

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been duly executed by
the Trustee referred to on the reverse hereof or by the authenticating agent appointed as provided in the Indenture by manual signature of an authorized signer, this Security shall not be entitled to any benefit under the Indenture, or be valid or
obligatory for any purpose. 
 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed by the manual or facsimile
signature of one of its authorized officers. 
  

			
	REPUBLIC SERVICES, INC., as Issuer
		
	By:	 	 
		 	Name:
		 	Title:

  
 A-3 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the 3.950% Notes due 2028 referred to in the within- mentioned Indenture. 

 

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

 Dated: 

  
 A-4 

 [FORM OF REVERSE SIDE OF SECURITY] 

REPUBLIC SERVICES, INC. 
 3.950%
Notes due 2028 
 This Security is one of a duly authorized issue of Securities of the Company designated as its 3.950% Notes due 2028
(herein called the “Securities”), limited (except as otherwise provided in the Indenture referred to below) in aggregate principal amount to $800,000,000, issued under and subject to the terms of an indenture (herein called the
“Indenture”) dated as of November 25, 2009, between the Company and U.S. Bank National Association, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), as supplemented by
a Seventh Supplemental Indenture, dated as of May 14, 2018, between the Company and the Trustee to which the Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of
rights, duties, obligations and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the Securities are, and are to be, authenticated and delivered. 

Prior to February 15, 2028 (three months prior to their Stated Maturity) (the “Par Call Date”), the Securities may be redeemed,
as a whole or in part, at the option of the Company, at any time or from time to time at a Redemption Price equal to the greater of (1) 100% of the principal amount of the Securities to be redeemed and (2) the sum of the present values of the
remaining scheduled payments of principal and interest thereon (assuming such Securities matured on the Par Call Date), discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year
consisting of twelve 30-day months) at the applicable Treasury Rate, plus 20 basis points, plus, in each case, accrued and unpaid interest to, but excluding, the Redemption Date, if any (subject to the right
of holders of record of such Securities on the relevant record date to receive interest due on an Interest Payment Date). On or after the Par Call Date, the Securities may be redeemed in whole or in part, at the option of the Company, at any time or
from time to time at a Redemption Price equal to 100% of the principal amount of the Securities to be redeemed plus accrued and unpaid interest thereon to, but excluding, the Redemption Date, if any (subject to the right of holders of record of such
Securities on the relevant record date to receive interest due on an Interest Payment Date). 
 Any redemption may be made upon not less
than 15 and not more than 60 days’ notice to the Holders thereof as provided in the Indenture. 
 If less than all of the Securities
are to be redeemed, the Trustee shall select, not more than 60 nor less than 15 days before the Redemption Date, the Securities or portions thereof to be redeemed, by such method the Trustee shall deem fair and appropriate. 

In the case of any redemption of Securities in accordance with the Indenture, interest installments whose Stated Maturity is on or prior to
the Redemption Date will be payable to the Holders of such Securities of record as of the close of business on the relevant Regular Record Date or Special Record Date referred to on the face hereof. Securities (or portions thereof) for whose
redemption and payment provision is made in accordance with the Indenture shall cease to bear interest from and after the Redemption Date. 

  
 A-5 

 In the event of redemption or repurchase of this Security in accordance with the Indenture in
part only, a new Security or Securities for the unredeemed portion hereof shall be issued in the name of the Holder hereof upon the cancellation hereof. 

Upon the occurrence of a Change of Control Triggering Event with respect to the Securities, unless the Company has exercised its right to
redeem the Securities pursuant to Article XI of the Indenture, each Holder of the Securities shall have the right to require the Company to purchase all or a portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such
Holder’s Security pursuant to Article XIV of the Indenture. 
 If an Event of Default shall occur and be continuing, the principal
amount of all the Securities may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture
contains provisions for defeasance at any time of (a) the entire Indebtedness on the Securities and (b) certain covenants and Defaults and Events of Default, in each case upon compliance with certain conditions set forth therein. 

The Indenture permits, with certain exceptions (including certain amendments permitted without the consent of any Holders and certain
amendments which require the consent of all of the Holders) as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders under the Indenture and the Securities at any time
by the Company and the Trustee with the consent of the Holders of at least a majority in aggregate principal amount of the Securities at the time Outstanding that are affected. The Indenture also contains provisions permitting the Holders of at
least a majority in aggregate principal amount of the Securities (100% of the Holders in certain circumstances) at the time Outstanding that are affected, on behalf of the Holders of all the Securities, to waive compliance by the Company with
certain provisions of the Indenture and the Securities of such series and certain past Defaults and Events of Default under the Indenture and the Securities and their consequences. Any such consent or waiver by or on behalf of the Holder of this
Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such
consent or waiver is made upon this Security. 
 No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company or any other obligor on the Securities (in the event such other obligor is obligated to make payments in respect of the Securities), which is absolute and unconditional, to pay the principal of,
and premium, if any, and interest on, this Security at the times, place, and rate, and in the coin or currency, herein prescribed. 
 As
provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the
Company in the Borough of Manhattan, The City of New York, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or its attorney duly
authorized in writing, and thereupon one or more new Securities, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

  
 A-6 

 The Securities in certificated form are issuable only in registered form without coupons in
denominations of $2,000 and any integral multiple of $1,000 in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, the Securities are exchangeable for a like aggregate principal amount of Securities of
a differing authorized denomination, as requested by the Holder surrendering the same. 
 Except as indicated in the Indenture, no service
charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

A director, officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations under the Securities or
the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security, each Holder waives and releases all such liability. The waiver and release are part of the consideration for the
issue of the Securities. 
 Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent
of the Company or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security is overdue, and neither the Company, the Trustee nor any such agent shall be affected by
notice to the contrary. 
 THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT
GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF. 
 All terms used in this Security which are defined in the Indenture and not
otherwise defined herein shall have the meanings assigned to them in the Indenture. 

  
 A-7 

 CHANGE OF CONTROL REPURCHASE NOTICE 

If you want to elect to have only part of the Security purchased by the Company pursuant to Section 14.01 of the Indenture, state the
amount you elect to have purchased: 
 $
                                         
        
 Date:
                                 

Your Signature:
                                         
                
 (Sign exactly as your name appears on the
face of this Security) 
 Tax Identification No:
                                         
        
 Signature Guarantee*:
                                         
        
 *Participant in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee). 

  
 A-8 

 SCHEDULE OF INCREASES AND DECREASES OF INTERESTS 

IN THE GLOBAL SECURITY3 

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 Note Custodian

  

	3	This should be included only if the Security is a Global Security. 

  
 A-9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}]]