Document:

EX-4.3

 Exhibit 4.3 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY 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 IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN. THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A
PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND, UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS 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. 
 FuelCell Energy, Inc. 
 8% Senior Convertible Notes due 2018 
  

			
	 No. A1
	  	CUSIP: 35952HAA4

 FuelCell Energy, Inc., a Delaware corporation, promises to pay to Cede & Co. or registered
assigns the principal amount of Thirty Eight Million Dollars ($38,000,000.00) on June 15, 2018. 
 Issue Date:
June 25, 2013. 
 Interest Payment Dates: June 15 and December 15. 

Record Dates: May 31 and November 30. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof, including, without limitation, provisions giving the Holder of this Note the right to convert this Note into
Common Stock, on the terms and subject to the limitations referred to on the reverse hereof and as more fully specified in the Indenture. Such further provisions shall for all purposes have the same effect as though fully set forth at this place.

 This Note shall not be valid or become obligatory for any purpose until the certificate of authentication hereon shall have
been manually signed by the Trustee or a duly authorized authenticating agent under the Indenture. 
 SIGNATURE PAGE FOLLOWS

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

  

									
		 		 	FUELCELL ENERGY, INC.
				
		 		 	 By:
	 	 
		 		 		 	 Name: Michael Bishop

		 		 		 	
Title:  Senior Vice President and Chief Financial

           Officer

				
	 Trustee’s Certificate of Authentication:

This is one of the Notes referred to in the within-mentioned Indenture.

U.S. Bank National Association, as Trustee
	 		 		 	
					
		 		 		 	By:	 	 
	 Dated:
	 	 _____________________
	 		 		 	Authorized Signatory:

 FuelCell Energy, Inc. 

8% Senior Convertible Notes due 2018 
 1. Interest 
 FuelCell Energy, Inc., a Delaware corporation (such
corporation, and its successors and assigns under the Indenture hereinafter referred to, being herein called the “Company”), promises to pay interest on the principal amount of this Note at the rate per annum shown above. The Company will
pay interest semiannually on June 15 and December 15 of each year commencing on December 15, 2013. Interest on the Notes will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the
Issue Date. Interest will be computed on the basis of a 360-day year of twelve 30-day months. If a payment date is not a Business Day, payment will be made on the next succeeding Business Day, and no additional interest will accrue in respect of
such payment by virtue of the payment being made on such later date. 
 2. Method of Payment 

The Company will pay interest on the Notes (except defaulted interest) to the Persons who are registered holders of
Notes at the close of business on the May 31 and November 30 next preceding the interest payment date even if Notes are canceled after the record date and on or before the interest payment date, except as otherwise provided in the
Indenture. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. The
Company shall pay interest through the delivery of shares of Common Stock, provided that the Equity Conditions are then satisfied and subject to the Exchange Cap limitation in Section 9.03, or, at the Company’s option, in money of the
United States of America that at the time of payment is legal tender for payment of public and private debts. In the case of any payment of interest in shares of Common Stock, the number of shares issuable will be based upon a price equal to a 7.5%
discount to the arithmetic average of the daily VWAP for Common Stock for the ten Trading Days prior to the applicable Interest Payment Date. On or before the third (3rd) Trading Day following the applicable Interest Payment Date, the Company
shall (X) provided that the Company’s Transfer Agent is participating in The Depository Trust Company Fast Automated Securities Transfer Program, credit the number of shares of Common Stock payable as an interest payment to such
Holder’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, or (Y) if the Company’s Transfer Agent is not participating in the DTC Fast Automated Securities Transfer Program, issue and
dispatch by overnight courier to each holder, a certificate, registered in our share register in the name of such holder or its designee, for the number of shares of Common Stock to which such Holder is entitled pursuant to such exercise. On or
before then eleventh (11th) Trading Day before the
applicable Interest Payment Date, the Company shall notify the Holder of whether it will make such interest payment in shares of Common Stock or in cash; provided that, if no such notice is given, the Company shall be deemed to have notified the
Holder that it will pay interest in shares of Common Stock. 
 The Company shall pay any interest payable in cash (i) on
any Global Notes by wire transfer of immediately available funds to the account of the Depositary or its nominee, (ii) on any Notes in certificated form having a principal amount of less than $2,000,000, by check mailed to the address of the
Person entitled thereto as it appears in the Register, provided, however, that at maturity interest will be payable at the office of the Company maintained by the Company for such purposes, which shall initially be an office or agency of the Trustee
(as defined below) and (iii) on any Notes in certificated form having a principal amount of $2,000,000 or more, by check or otherwise by wire transfer in immediately available funds at the election of the Holder of such Notes duly delivered to
the Trustee at least five Business Days prior to the relevant interest payment date, provided, however, that at maturity interest will be payable at the office of the Company maintained by the Company for such purposes, which shall initially be an
office or agency of the Trustee. 

 3. Paying Agent, Registrar, Service Agent and Conversion Agent 

Initially, U.S. Bank National Association (the “Trustee”), will act as Paying Agent, Registrar, Service Agent and Conversion
Agent. The Company may appoint and change any Paying Agent, Registrar or co-registrar, Service Agent or Conversion Agent without notice. The Company or any of its domestically incorporated Subsidiaries may act as Paying Agent, Registrar or
co-registrar, Service Agent or Conversion Agent. 
 4. Indenture 

The Company issued the Notes under an Indenture dated as of June 25, 2013 (the “Base Indenture”), as supplemented by the
First Supplemental Indenture dated as of June 25, 2013 (the “First Supplemental Indenture” and together with the Base Indenture the “Indenture”), between the Company and the Trustee. The terms of the Notes 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 “TIA”). Terms defined in the Indenture and
not defined herein have the meanings ascribed thereto in the Indenture. The Notes are subject to all such terms, and Noteholders are referred to the Indenture and the TIA for a statement of those terms. 

The Notes are senior unsecured obligations of the Company, and rank equal in right of payment with all future senior unsecured
indebtedness. This Note is one of the Notes referred to in the Indenture issued in an aggregate principal amount of $38,000,000. 
 5.
Sinking Fund 
 The Notes are not subject to any sinking fund. 
 6. Repurchase of Notes at the Option of Noteholders 
 If a Change of
Control occurs at any time prior to maturity of the Notes, and the Successor Entity (if different than the Company) assumes in writing all of the obligations under the Notes and this Indenture in accordance with Article VII of the Indenture, this
Note will be subject to a repurchase, at the option of the Holder, on a Change of Control Repurchase Date, specified by the Company, that is not less than 20 Business Days nor more than 35 Business Days after notice thereof, at an amount equal to
the Change of Control Repurchase Price; provided, however, that if such Change of Control Repurchase Date falls after a record date and on or prior the corresponding interest payment date, the accrued and unpaid interest shall be payable to the
Holder of record of this Note on the preceding May 31 and November 30, as the case may be. The Notes submitted for repurchase must be $1,000 in principal amount or whole multiples thereof. The Company shall deliver to all holders of record
of the Notes a notice of the occurrence of a Change of Control and of the repurchase right arising as a result thereof on or before the fifth calendar day after the occurrence of such Change of Control. For Notes to be so repurchased at the option
of the Holder, the Holder must deliver to the Paying Agent in accordance with the terms of the Indenture, the Repurchase Notice containing the information specified by the Indenture, together with such Notes, duly endorsed for transfer, or (if the
Notes are Global Notes) book-entry transfer of the Notes, prior to 5:00 p.m., New York City time, on the Change of Control Repurchase Date. The repurchase price must be paid in cash. 

Holders have the right to withdraw any Repurchase Notice by delivering to the Paying Agent a written notice of withdrawal at any time
prior to 5:00 p.m., New York City time, on the Business Day immediately preceding the Change of Control Repurchase Date, as provided in the Indenture. 
 If cash sufficient to pay the repurchase price on all Notes or portions thereof to be repurchased as of the Change of Control Repurchase Date is deposited with the Paying Agent, on the Business Day
immediately following the Change of Control Repurchase Date, then such Notes will cease to be outstanding and interest will cease to accrue, and the Holder thereof shall have no other rights as such other than the right to receive the repurchase
price upon delivery or book-entry transfer of such Notes. 
 7. Mandatory Repurchase of Notes  

If a Change of Control occurs at any time prior to maturity of the Notes, and the Successor Entity does not assume in writing all of the
obligations under the Notes and the Indenture in accordance with Article VII of the Indenture, the Company shall repurchase, and the Holder shall sell, all of the Note on a Change of Control Repurchase Date, specified by the Company, that is not
less than 20 Business Days nor more than 35 Business Days after notice thereof, at an amount equal to the Change of Control Repurchase Price; provided, however, that if such Change of Control Repurchase Date falls after a record date and on or prior
the corresponding interest payment date, the accrued and unpaid interest shall be payable to the Holder of record of this Note on the preceding May 31 and November 30, as the case may be. The repurchase price must be paid in cash.

 If cash sufficient to pay the repurchase price of the Notes to be repurchased as of the
Change of Control Repurchase Date is deposited with the Paying Agent, on the Business Day immediately following the Change of Control Repurchase Date, then such Notes will cease to be outstanding and interest will cease to accrue, and the Holder
thereof shall have no other rights as such other than the right to receive the repurchase price upon delivery or book-entry transfer of such Notes. 
 8. Conversion 
 In compliance with the provisions of the Indenture, on or
prior to the close of business on the Business Day immediately preceding the Maturity Date of this Note, the Holder hereof has the right, at its option, to convert each $1,000 principal amount of this Note into Common Stock based on a Conversion
Rate of 645.1613 shares of Common Stock per $1,000 principal amount of Notes (a Conversion Price of approximately $1.55 per share), as the same may be adjusted pursuant to the terms of the Indenture and subject to the provisions of the Exchange Cap
in Section 9.03 of the First Supplemental Indenture, as such shares shall be constituted at the date of conversion, upon surrender of this Note (if in certificated form) with the form entitled “Conversion Notice” on the reverse hereof
duly completed and manually signed, to the Company at the office or agency of the Company maintained for that purpose in accordance with the terms of the Indenture, or at the option of such Holder, the Corporate Trust Office, together with any funds
required pursuant to the terms of the Indenture, and, unless any shares issuable on conversion are to be issued in the same name as this Note, duly endorsed by, or accompanied by instruments of transfer in form satisfactory to the Company duly
executed by, the Holder or by such Holder’s duly authorized attorney. In order to exercise the conversion right with respect to any interest in a Global Note, the Holder must complete the appropriate instruction form pursuant to the
Depositary’s book-entry conversion program, deliver by book-entry delivery an interest in such Global Note, furnish appropriate endorsements and transfer documents if required by the Company or the Trustee or Conversion Agent, and pay the
funds, if any, required pursuant to the terms of the Indenture. As specified in the Indenture, upon conversion, the Company will issue shares of Common Stock based on the Conversion Rate, as adjusted as specified in the Indenture, or cash in the
event the provisions of Section 9.03 of the First Supplemental Indenture are applicable. 
 If a Holder surrenders Notes
for conversion, such Holder will be entitled to receive upon conversion of such Holder’s Notes into shares of Common Stock, in addition to the Shares of Common Stock, a payment, in the Company’s option, either in cash or in shares of
Common Stock in an amount equal to the Interest Make-Whole Amount. In the case of a payment of the Interest Make-Whole Amount through delivery of shares of Common Stock, the number of shares issuable will be based upon a price equal to a 7.5%
discount to the arithmetic average of the daily VWAP for Common Stock for the ten Trading Days prior to the Conversion Date. 

No fractional shares will be issued upon any conversion of Notes, but rather the number of shares of Common Stock to be issued shall be
rounded up to the nearest whole number. 
 A Note in respect of which a Holder is exercising its right to require repurchase may
be converted only if such Holder validly withdraws its election to exercise such right to require repurchase in accordance with the terms of the Indenture. 
 9. Limitations on Beneficial Ownership 
 Notwithstanding the foregoing, no
Holder shall be entitled to receive shares of Common Stock upon conversion to the extent (but only to the extent) that such receipt would cause such converting Holder to become, directly or indirectly, a “beneficial owner” (within the
meaning of Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder) of 4.99% or more of the shares of Common Stock outstanding at such time. This limitation on beneficial ownership shall be terminated
(i) upon 61 days’ notice to the Company by any Holder, solely with respect to the Notes beneficially owned by such Holder, (ii) immediately upon delivery by the Company of notice of a Change of Control or (iii) on
June 15, 2018. Any purported delivery of shares of Common Stock upon conversion of Notes shall be void and have no effect to the extent (but only to the extent) that such delivery would result in the converting Holder becoming the beneficial
owner of 4.99% or more of the shares of Common Stock outstanding at such time. If any delivery of shares of Common Stock owed to a Holder upon conversion of Notes is not made, in whole or in part, as a result of this limitation, the Company’s
obligation to make such delivery shall not be extinguished and the Company shall deliver such shares of Common Stock as promptly as practicable after any such converting Holder gives notice to the Company that such delivery would not result in such
limitation being triggered. 

 10. Limitations on Issuance due to Market Regulation 

Notwithstanding the foregoing, the Company shall not be obligated to issue shares of Common Stock upon conversion of the Notes or
otherwise, and shall not be entitled to issue shares of Common Stock as payment of the Interest Make-Whole Amount or as payment of interest on the Notes or otherwise hereunder, to the extent (and only to the extent) the issuance of such shares of
Common Stock would exceed the Exchange Cap. The Exchange Cap limitation shall not apply in the event that the Company obtains Stockholder Approval for issuances of shares of Common Stock in excess of such amount and satisfies the requirements of
Nasdaq Rule 5635(d). In the event that a Holder seeks to convert such Holder’s Notes into shares of Common Stock in excess of the Exchange Cap, the Company will notify such Holder within three Business Days that the Exchange Cap has
been exceeded and that the Company will instead settle such amount in excess of the Exchange Cap in cash and not in shares of Common Stock. The Holder will then have three Business Days to elect to proceed with a cash settlement or withdraw such
Holder’s conversion notice. If the Holder has not withdrawn such Holder’s notice by the close of business on the third Business Day after the date the Company gives notice of its intention to settle such portion of the Note in cash, then
the Company will, by wire transfer of U.S. dollars in immediately available funds to the account designated by the Holder, pay cash to the Holder in an amount equal to the product of (x) the number of shares of Common Stock which would have
been issuable upon conversion but cannot be issued as a result of the Exchange Cap and (y) the arithmetic average of the daily VWAP for Common Stock for the five consecutive Trading Days ending on and included the Trading Day immediately prior
to the Conversion Date. 
 11. Denominations, Transfer, Exchange 

The Notes are in registered form without coupons in denominations of $1,000 and whole multiples of $1,000. A Noteholder may transfer or
exchange Notes in accordance with the Indenture. Upon any transfer or exchange, the Registrar or the Company may require a Noteholder, among other things, to furnish appropriate endorsements or a written instrument or instruments of transfer in form
satisfactory to the Company. Neither the Company, the Trustee nor the Registrar shall be required to exchange, issue or register a transfer of (a) any Notes for a period of 15 calendar days next preceding the date of mailing of a notice of
redemption of Notes selected for redemption, (b) any Notes or portions thereof surrendered for conversion pursuant to Article IX of the First Supplemental Indenture, or (c) any Notes or portions thereof tendered for repurchase (and
not withdrawn) pursuant to Section 6.05 of the First Supplemental Indenture. 
 12. Persons Deemed Owners 

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

13. Unclaimed Money 

Subject to any applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Company upon written request any
money held by them for the payment of principal or interest and any shares of Common Stock or other property due in respect of converted Notes that remains unclaimed for two years, and, thereafter, Noteholders entitled to the money and/or securities
must look to the Company for payment as general creditors. 

 14. Amendment, Waiver 
 Subject to certain exceptions set forth in the Indenture, (i) the Indenture or the Notes may be amended without prior notice to any Holder but with the written consent of the holders of at least a
majority in aggregate principal amount of the outstanding Notes and (ii) any default or noncompliance with any provision may be waived with the written consent or affirmative vote of the holders of at least a majority in principal amount of the
outstanding Notes. Without the consent of any Holder, the Company and the Trustee may amend the Indenture or the Notes (i) to provide for conversion rights of Holders and the Company’s repurchase obligations in connection with a Change of
Control in the event of any reclassification of the Common Stock, merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entirety (solely to the extent not adverse to the
Holders); (ii) to secure the Notes; (iii) to comply with Article VII of the First Supplemental Indenture; (iv) to surrender any right or power conferred upon the Company in the Indenture; (v) to add to the covenants of the
Company for the benefit of the Holders; (vi) to cure any ambiguity or correct or supplement any inconsistent or defective provision contained in the Indenture; provided, however, that such modification or amendment does not adversely affect the
interests of the Holders in any material respect, provided, further, that any amendment made solely to conform the provisions of the Indenture or the Notes to the description of the Notes contained in the Prospectus Supplement shall not be deemed to
adversely affect the interests of the Holders; (vii) to make any provision with respect to matters or questions arising under the Base Indenture, the First Supplemental Indenture or the Notes that the Company may deem necessary or desirable and
that shall not be inconsistent with the Base Indenture or the First Supplemental Indenture or the Notes, provided, however, that such change or modification does not, in the good faith opinion of the Board of Directors, adversely affect the
interests of the Holders in any material respect; (viii) to comply with requirements of the SEC in order to effect or maintain the qualification of the Indenture under the TIA; (ix) to add guarantees of the obligations under the Notes; and
(x) to evidence and provide for the acceptance of appointment by a successor Trustee with respect to the Notes. 
 15. Defaults and
Remedies 
 If an Event of Default occurs (other than an Event of Default relating to certain events of bankruptcy,
insolvency or reorganization of the Company) and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then-outstanding Notes, by written notice to the Company and the Trustee, may declare due and payable
100% of the principal amount of all outstanding Notes plus any accrued and unpaid interest to the date of payment. If an Event of Default relating to certain events of bankruptcy, insolvency or reorganization of the Company occurs, all unpaid
principal and accrued and unpaid interest on the outstanding Notes shall become due and immediately payable without any declaration or other act on the part of the Trustee or any Holder. Under certain circumstances, the Holders of a majority in
aggregate principal amount of the outstanding Notes may rescind and annul any such acceleration with respect to the Notes and its consequences. 
 If an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any of the rights or powers under the Indenture at the request or direction of any of the Holders
unless such Holders have offered to the Trustee reasonable indemnity or security against any loss, liability or expense. Subject to certain exceptions, no Holder may pursue any remedy with respect to the Indenture or the Notes unless (i) such
Holder has previously given the Trustee notice that an Event of Default is continuing, (ii) holders of at least 25% in principal amount of the outstanding Notes have requested the Trustee in writing to pursue the remedy, (iii) such Holders
have offered the Trustee security or indemnity reasonably satisfactory to the Trustee against any loss, liability or expense, (iv) the Trustee has not complied with such request within 60 days after the receipt of the request and the offer
of indemnity and (v) the holders of a majority in principal amount of the outstanding Notes have not given the Trustee a direction inconsistent with such request within such 60-day period. Subject to certain restrictions, the holders of a
majority in principal amount of the outstanding Notes are given the right to 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. Subject
to the Indenture, the Trustee, however, may refuse to follow any direction if the Trustee, in good faith shall, by a Trust Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability. The Trustee
shall be under no obligation to exercise any of the rights or powers vested in it by the Indenture at the request, order or direction of any Holder pursuant to the provision of the Indenture, unless such Holders shall have offered to the Trustee
security or indemnity reasonably satisfactory to the Trustee against the costs, expenses and liabilities which may be incurred therein or thereby. 
 No reference herein to the Indenture and no provision of this Note or of the Indenture shall impair, as among the Company and the Holder of the Notes, the obligation of the Company, which is absolute and
unconditional, to pay the principal, redemption price, the repurchase price upon a Change of Control, interest or make-whole premium, if any with respect of the Note at the place, at the respective times, at the rate and in the coin or currency
herein and in the Indenture prescribed. 

 16. Trustee Dealings with the Company 

Subject to certain limitations imposed by the TIA, the Trustee under the Indenture, in its individual or any other capacity, may become
the owner or pledgee of Notes 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 or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the Notes or the Indenture or for any claim based on, in respect
of or by reason of such obligations or their creation. Each Noteholder by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Notes. 

18. Authentication 

This Note shall not be valid until an authorized signatory of the Trustee (or an authenticating agent) manually signs the certificate of
authentication on the other side of this Note. 
 19. Abbreviations 

Customary abbreviations may be used in the name of a Noteholder 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. GOVERNING LAW 
 THIS NOTE SHALL BE DEEMED TO BE A CONTRACT UNDER THE
LAWS OF THE STATE OF NEW YORK, AND FOR ALL PURPOSES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF SUCH STATE INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 

21. CUSIP Number 

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

The Company will furnish to any Holder upon written request and without charge to the Holder a copy of the Indenture which has in it
the text of this Note.  

 CONVERSION NOTICE 

 

	TO:	FUELCELL ENERGY, INC. 

 (via
e-mail to Michael Bishop (mbishop@fce.com) and 
 Ross Levine, Esq. (rlevine@fce.com)) 

U.S. Bank National Association, as Trustee 
 The undersigned registered holder of this Note hereby irrevocably exercises the option to convert this Note, or the portion thereof (which is $1,000 or a multiple thereof) below designated, into shares of
Common Stock of FuelCell Energy, Inc. in accordance with the terms of the Indenture referred to in this Note, and directs that the shares issuable and deliverable and the cash (if any), and any Notes representing any unconverted principal amount
hereof, be issued and delivered to the registered holder hereof unless a different name has been indicated below. Capitalized terms used herein but not defined shall have the meanings ascribed to such terms in the Indenture. If shares or any portion
of this Note not converted are to be issued in the name of a person other than the undersigned, the undersigned will provide the appropriate information below and pay all transfer taxes payable with respect thereto. Any amount required to be paid by
the undersigned on account of interest accompanies this Note. 
  

					
	 Dated: 
	 	 	    	
			
		 		    	Signature(s)
			
		 		    	Signature(s) 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.
			
		 		    	  

		 		    	Signature Guarantee

 Fill in the registration of Notes if to be delivered, and the person to whom any cash payment is to be
made, if to be made, other than to and in the name of the registered holder: 
  

	
	 Please print name and address

	
	 
	 (Name)

	
	 
	 (Street Address)

	
	 
	 (City, State and Zip Code)

	
	 Principal amount to be converted

	 (if less than all):
$                    

	
	 Social Security or Other Taxpayer:

	
	 
	
	 Account
Number:                                    

	(if electronic book entry transfer)

	
	Transaction Code Number:
	
	 
	(if electronic book entry transfer)
	
	 

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

 REPURCHASE NOTICE 
 TO:  FUELCELL ENERGY, INC. 
 U.S. Bank National Association, as Trustee

 The undersigned registered holder of this Note hereby irrevocably acknowledges receipt of a notice from FuelCell Energy, Inc.
(the “Company”) regarding the right of holders to elect to require the Company to repurchase the Notes and requests and instructs the Company to repay the entire principal amount of this Note, or the portion thereof (which is $1,000 or an
integral multiple thereof) below designated, in accordance with the terms of the Indenture at the Change of Control Redemption Purchase Price. Capitalized terms used herein but not defined shall have the meanings ascribed to such terms in the
Indenture. The Notes shall be repurchased by the Company as of the Change of Control Repurchase Date pursuant to the terms and conditions specified in the Indenture. 
  

							
	 Dated:
	 	 	 		 	
				
		 		 	Signature(s):	 	 
				
		 		 		 	 

 NOTICE: The above signatures of the holder(s) hereof must correspond with the name as written upon the face of the Notes
in every particular without alteration or enlargement or any change whatever. 
 Notes Certificate Number (if applicable):
                                        
 
 Principal amount to be repurchased (if less than all, must be $1,000 or whole multiples 

thereof):                      
                    
 Social Security or Other
Taxpayer Identification Number:
                                        
 

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

 (Insert assignee’s soc. sec. or tax I.D. no.) 
 (Print or type assignee’s name, address and zip code) and irrevocably appoint 
 Agent to
transfer this Note on the books of the Company. The agent may substitute another to act for him or her. 
  

									
	 Date:
	 		 		 	Your Signature:	 	 
		 		 		 		 	(Sign exactly as your name appears on the other side of this Note)
	*Signature guaranteed by:	 		 		 	
					
	 By:
	 		 		 		 	

  

	*	The signature must be guaranteed by an institution which is a member of one of the following recognized signature guaranty programs: (i) the Securities Transfer
Agent Medallion Program (STAMP); (ii) the New York Stock Exchange Medallion Program (MSP); (iii) the Stock Exchange Medallion Program (SEMP); or (iv) such other guaranty program acceptable to the Trustee. 

 SCHEDULE OF INCREASES AND DECREASES IN GLOBAL NOTE 

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

 

									
	 Date
	  	 Amount of decrease in
Principal Amount of this
Global
Note
	  	Amount of increase in
Principal Amount of this
Global Note	  	Principal Amount of this
Global Note following
such decrease or increase	  	Signature of authorized
signatory of Trustee or
Securities CustodianEX-10.1

 Exhibit 10.1 
 FIRST INDUSTRIAL REALTY TRUST, INC. 
 2013 LONG-TERM INCENTIVE PROGRAM

  

	Section 1.	General Purpose of the Program; Definitions. 

 The name of the program is the First Industrial Realty Trust, Inc. 2013 Long-Term Incentive Program (the “Program”). The Program is adopted pursuant to the First Industrial Realty Trust,
Inc. 2011 Stock Incentive Plan, as amended, or any successor plan (the “2011 Plan”) to encourage and enable Service Providers to First Industrial Realty Trust, Inc. (the “Company”) and its Affiliates and
Subsidiaries upon whose judgment, initiative and efforts the Company largely depends for the successful conduct of its business to acquire a proprietary interest in the Company. 

Capitalized terms not otherwise defined in the Program have the meanings ascribed to such terms in the 2011 Plan. The following terms
shall be defined as set forth below: 
 “Award” means a grant of Performance Units under the Program.

 “Award Agreement” means the document that evidences the terms and conditions of an Award. Such document
shall be referred to as an agreement regardless of whether a grantee’s signature is required. 

“Participant” means each Service Provider who is granted, and currently holds, an Award in accordance with the
provisions of the Program. 
 “Performance Unit” is defined in Section 5(a) below. 

 

	Section 2.	Administration of Program. 

 The terms and conditions regarding administration of the Program shall be the same as the terms and conditions regarding administration of the 2011 Plan. The Program shall be administered (a) by the
same Committee as the Committee that administers the 2011 Plan and (b) in the same manner that the 2011 Plan is administered. The Committee shall have the same power, authority and responsibility under the Program that it has under the 2011
Plan. 
  

	Section 3.	Awards. 

(a) General. Each Award shall be subject to all of the terms and conditions of the 2011 Plan, the Program, the applicable Award
Agreement and such additional terms and conditions as the Committee may provide with respect to such Award. Awards under the Program shall be considered “Awards” for purposes of the 2011 Plan. 

(b) 2011 Plan Governs. In the event of any discrepancy between the 2011 Plan and the Program or an Award Agreement or Award, the
2011 Plan shall control with respect to such discrepancy. The 2011 Plan is hereby incorporated by reference in its entirety into the Program. 

	Section 4.	Eligibility. 

 The
terms and conditions regarding eligibility for participation in the Program shall be the same as the terms and conditions regarding eligibility for participation in the 2011 Plan. 

 

	Section 5.	Performance Units. 

(a) Nature of Awards. The Committee may grant Performance Units to Service Providers under the Program. A “Performance
Unit” is an award under the Program evidencing the right of the recipient to receive an equivalent number of shares of Stock on a specific date or upon the attainment of pre-established performance goals, objectives and other conditions as
determined and specified by the Committee at the time of grant. Conditions may be based on achievement of pre-established performance goals and objectives relative to a given performance period. A Performance Unit may be granted to a Service
Provider by the Committee in lieu of any compensation due to such Service Provider. 
 (b) Acceptance of Award. A
Participant who is granted an Award shall have no rights with respect to the Award unless the Participant accepts the Award within sixty (60) days (or such shorter date as the Committee may specify) following the grant date of the Award by
executing and delivering to the Company an Award Agreement. 
 (c) Rights as a Shareholder. A Participant, by virtue of
receiving Performance Units, shall have no right to receive dividends or distributions with respect to any shares of Stock, or vote any shares of Stock, prior to the delivery of Stock pursuant to the terms and conditions of the Award.
Notwithstanding the foregoing, unless otherwise provided by the Committee and reflected in the Award Agreement, the Participant shall have the right to receive additional shares of Stock (the “Dividend Stock”) equal in value (calculated
using the closing price on the vesting date of the Performance Units) to any cash dividends and property dividends paid with respect to the shares underlying the Performance Units that vest in accordance with their terms; provided,
however, that no such shares of Dividend Stock shall be payable to or for the benefit of the Participant with respect to record dates for cash dividends or property dividends occurring before the grant date of the Performance Units or on or
after the date, if any, on which the Participant has forfeited the Performance Units or the Award has been settled in shares of Stock. Dividend Stock issued pursuant to this Section 5(c) shall be delivered simultaneously with the
delivery of the shares underlying the vested Performance Units. 
 (d) Restrictions. Performance Units may not be sold,
assigned, transferred, pledged or otherwise encumbered or disposed of except as specifically provided herein. 
 (e) Vesting
of Performance Units. The Committee at the time of grant shall specify the date or dates and/or the attainment of pre-established performance goals, objectives and other conditions on which the non-transferability of the Performance Units and
the Company’s right of repurchase or forfeiture shall lapse. Upon such date or dates and/or the attainment of such pre-established performance goals, objectives and other conditions, the Performance Units on which all restrictions have lapsed
shall no longer be restricted and shall be deemed “vested,” and, unless otherwise provided by the Committee and reflected in the Award Agreement, the Participant shall be entitled to shares of Stock equal to the number of vested
Performance Units. 

  
 2 

 
Unless otherwise provided by the Committee and reflected in the Award Agreement, the newly acquired shares of Stock shall be acquired by the Participant free and clear of any restrictions except
as may be imposed under applicable law, if any. 
  

	Section 6.	Performance Awards. 

If the Committee determines that an Award is intended to qualify as “performance-based compensation” for purposes of
Section 162(m) of the Code, the grant, vesting and/or settlement of such Award shall be contingent upon achievement of pre-established performance goals and other terms and conditions set forth in Section 9 of the 2011 Plan and such Award
shall be considered a Performance Award under the 2011 Plan. 
  

	Section 7.	Amendments and Termination. 

 (a) General. The Committee may, as permitted by law, at any time amend or discontinue the Program and the Committee may at any time amend or cancel any outstanding Award, but no such action shall
adversely affect rights under any outstanding Award without the holder’s consent and no amendment shall (i) materially increase the benefits accruing to Participants; (ii) materially increase the aggregate number of securities that
may be issued under the Program, or (iii) materially modify the requirements for participation in the Program, unless the amendment under (i), (ii) or (iii) immediately above is approved by the Company’s stockholders. 

(b) Amendment to Conform to Law. Notwithstanding any provision in the Program or any Award Agreement to the contrary, the
Committee may amend the Program or an Award Agreement, to take effect retroactively or otherwise, as deemed necessary or advisable for the purpose of conforming the Program or the Award Agreement to any present or future law relating to plans of
this or similar nature. By accepting an Award, each Participant shall be deemed to have agreed with and consented to any amendment made pursuant to this Section 7 without further consideration or action. 

 

	Section 8.	Change of Control Provisions. 

 Upon the occurrence of a Change of Control, Awards shall be treated in accordance with the applicable Award Agreement. 
  

	Section 9.	Effective Date of Program. 

 The Program shall become effective July 1, 2013. 
  

	Section 10.	Governing Law. 

THE PROGRAM SHALL BE GOVERNED BY THE LAWS OF THE STATE OF ILLINOIS WITHOUT REGARD TO THE PRINCIPLES OF CONFLICT OF LAWS THEREOF, EXCEPT TO
THE EXTENT SUCH LAWS ARE PREEMPTED BY FEDERAL LAWS. 

  
 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00218-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00218-of-00352.parquet"}]]