Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

********************************************************** 

INCREMENTAL FACILITY AGREEMENT 

TRANCHE G TERM LOANS 

($350,000,000) 
 dated as of the
Tranche G Commitment Effective Date 
 between 

MEDIACOM ILLINOIS LLC 
 MEDIACOM
INDIANA LLC 
 MEDIACOM IOWA LLC 

MEDIACOM MINNESOTA LLC 
 MEDIACOM
WISCONSIN LLC 
 ZYLSTRA COMMUNICATIONS CORP. 

MEDIACOM ARIZONA LLC 
 MEDIACOM
CALIFORNIA LLC 
 MEDIACOM DELAWARE LLC 

MEDIACOM SOUTHEAST LLC 
 The
LENDERS party hereto 
 J.P. MORGAN SECURITIES LLC, 

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, and 

WELLS FARGO SECURITIES, LLC 
 as
Joint Lead Arrangers 
 J.P. MORGAN SECURITIES LLC, 

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 

WELLS FARGO SECURITIES, LLC, 

SUNTRUST ROBINSON HUMPHREY, INC., 

DEUTSCHE BANK SECURITIES INC., 

CREDIT SUISSE SECURITIES (USA) LLC 

RBC CAPITAL MARKETS, and 
 NATIXIS,
NEW YORK BRANCH 
 as Joint Bookrunners 

BANK OF AMERICA, N.A., and 
 WELLS
FARGO BANK, N.A., 
 as Co-Syndication Agents 

SUNTRUST BANK, 
 DEUTSCHE BANK
SECURITIES INC., 
 CREDIT SUISSE SECURITIES (USA) LLC 

ROYAL BANK OF CANADA, and 
 NATIXIS,
NEW YORK BRANCH 
 as Co-Documentation Agents 

JPMORGAN CHASE BANK, N.A., 
 as
Administrative Agent 
 ********************************************************** 

 INCREMENTAL FACILITY AGREEMENT 

(TRANCHE G TERM LOANS) 

INCREMENTAL FACILITY AGREEMENT dated as of the Tranche G Commitment Effective Date (as defined below) among MEDIACOM ILLINOIS LLC, a limited
liability company duly organized and validly existing under the laws of the State of Delaware (“Mediacom Illinois”); MEDIACOM INDIANA LLC, a limited liability company duly organized and validly existing under the laws of the State
of Delaware (“Mediacom Indiana”); MEDIACOM IOWA LLC, a limited liability company duly organized and validly existing under the laws of the State of Delaware (“Mediacom Iowa”); MEDIACOM MINNESOTA LLC, a limited
liability company duly organized and validly existing under the laws of the State of Delaware (“Mediacom Minnesota”); MEDIACOM WISCONSIN LLC, a limited liability company duly organized and validly existing under the laws of the
State of Delaware (“Mediacom Wisconsin”); ZYLSTRA COMMUNICATIONS CORP., a corporation duly organized and validly existing under the laws of the State of Minnesota (“Zylstra”); MEDIACOM ARIZONA LLC, a limited
liability company duly organized and validly existing under the laws of the State of Delaware (“Mediacom Arizona”); MEDIACOM CALIFORNIA LLC, a limited liability company duly organized and validly existing under the laws of the State
of Delaware (“Mediacom California”); MEDIACOM DELAWARE LLC, a limited liability company duly organized and validly existing under the laws of the State of Delaware (“Mediacom Delaware”); and MEDIACOM SOUTHEAST LLC,
a limited liability company duly organized and validly existing under the laws of the State of Delaware (“Mediacom Southeast” and, together with Mediacom Illinois, Mediacom Indiana, Mediacom Iowa, Mediacom Minnesota, Mediacom
Wisconsin, Mediacom Arizona, Mediacom California and Mediacom Delaware, the “Borrowers”); the Tranche G Term Loan Lenders (as defined below) party hereto; and JPMORGAN CHASE BANK, N.A., as Administrative Agent for the Lenders
(together with its successors in such capacity, the “Administrative Agent”). 
 The Borrowers, the Lenders party thereto
and the Administrative Agent are parties to an Amended and Restated Credit Agreement dated as of February 5, 2014 (as amended, modified or supplemented and in effect from time to time, the “Credit Agreement”). 

Section 2.01(e) of the Credit Agreement contemplates that at any time and from time to time, the Borrowers may request that one or more
persons (which may include the Lenders under and as defined in the Credit Agreement) offer to enter into commitments to make Incremental Facility Loans. The Borrowers have requested that $350,000,000 of Incremental Facility Term Loan Commitments
constituting a single Series be made available to it as of the date hereof and that up to $350,000,000 of Incremental Facility Term Loans be made available to it on the Tranche G Commitment Effective Date (as defined below). The Tranche G Term Loan
Lenders are willing to make such commitments and loans on the terms and conditions set forth below and in accordance with the applicable provisions of the Credit Agreement, and accordingly, the parties hereto hereby agree as follows: 

ARTICLE I 
 DEFINED TERMS 

Terms defined in the Credit Agreement are used herein as defined therein. In addition, the following terms have the meanings specified below:

 “Tranche G Commitment Effective Date” shall mean August 15, 2014, the first day on which the
conditions specified in Section 6.01 are satisfied. 
 “Tranche G Commitment Termination Date” shall
mean September 16, 2014. 

 “Tranche G Term Loan Commitment” shall mean, with respect to
each Tranche G Term Loan Lender, the commitment of such Lender to make Tranche G Term Loans hereunder. The amount of each Tranche G Term Loan Lender’s Tranche G Term Loan Commitment is set forth on Schedule I hereto. The aggregate amount of the
Tranche G Term Loan Commitments allocated on the date hereof is $350,000,000. 
 “Tranche G Term Loan
Lender” shall mean (a) on the date hereof, a Lender having Tranche G Term Loan Commitments that has executed and delivered a counterpart hereto and (b) after the Tranche G Commitment Effective Date, the Lenders from time to time
holding Tranche G Term Loans after giving effect to any assignments thereof pursuant to Section 11.06 of the Credit Agreement. 

“Tranche G Term Loan Maturity Date” shall mean June 30, 2021. 

“Tranche G Term Loans” shall mean the Term Loans provided for in Section 2.01 hereof, which may be Base
Rate Loans and/or Eurodollar Loans and which shall constitute a single Series of Incremental Facility Term Loans under Section 2.01(e) of the Credit Agreement. 

ARTICLE II 
 TRANCHE G TERM LOANS

 Section 2.01. Commitments; Availability; Use of Proceeds. Subject to the terms and conditions set forth herein and in the
Credit Agreement, each Tranche G Term Loan Lender severally agrees to make Tranche G Term Loans to the Borrowers in Dollars on the Tranche G Commitment Effective Date up to but not exceeding the amount of the Tranche G Term Loan Commitment of such
Tranche G Term Loan Lender. The Tranche G Term Loans will be made available in a single drawing upon notice at any time prior to the Tranche G Commitment Termination Date. The proceeds of the Tranche G Term Loans shall be applied to repay all
of Mediacom LLC’s outstanding 9 1/8% Senior Notes due 2019 and to pay fees and expenses related thereto. 
 Section 2.02.
Termination of Commitments. Unless previously terminated, the Tranche G Term Loan Commitments shall terminate after the borrowing of the Tranche G Term Loans on the Tranche G Commitment Effective Date. 

  
 -2- 

 Section 2.03. Repayment of Loans. The Borrowers jointly and severally unconditionally
promise to pay to the Administrative Agent for the account of the Tranche G Term Loan Lenders the principal of the Tranche G Term Loans on each Principal Payment Date set forth in column (A) below, in the amount set forth opposite such date in
column (B) below: 
  

					
	
                  (A)        
      
 Principal Payment Date
	  	(B)
Principal Reduction	 
	 December 31, 2014
	  	$	875,000	  
		
	 March 31, 2015
	  	$	875,000	  
	 June 30, 2015
	  	$	875,000	  
	 September 30, 2015
	  	$	875,000	  
	 December 31, 2015
	  	$	875,000	  
		
	 March 31, 2016
	  	$	875,000	  
	 June 30, 2016
	  	$	875,000	  
	 September 30, 2016
	  	$	875,000	  
	 December 31, 2016
	  	$	875,000	  
		
	 March 31, 2017
	  	$	875,000	  
	 June 30, 2017
	  	$	875,000	  
	 September 30, 2017
	  	$	875,000	  
	 December 31, 2017
	  	$	875,000	  
		
	 March 31, 2018
	  	$	875,000	  
	 June 30, 2018
	  	$	875,000	  
	 September 30, 2018
	  	$	875,000	  
	 December 31, 2018
	  	$	875,000	  
		
	 March 31, 2019
	  	$	875,000	  
	 June 30, 2019
	  	$	875,000	  
	 September 30, 2019
	  	$	875,000	  
	 December 31, 2019
	  	$	875,000	  
		
	 March 31, 2020
	  	$	875,000	  
	 June 30, 2020
	  	$	875,000	  
	 September 30, 2020
	  	$	875,000	  
	 December 31, 2020
	  	$	875,000	  
		
	 March 31, 2021
	  	$	875,000	  
		
	 June 30, 2021
	  	$	327,250,000	  

 To the extent not previously paid, all Tranche G Term Loans shall be due and payable on the Tranche G Term
Loan Maturity Date. 
 Section 2.04. Applicable Margin. The Applicable Margin for Tranche G Term Loans shall be (i) until
delivery of a Rate Ratio Certificate for the Quarterly Payment Period beginning on September 30, 2014, (x) for Tranche G Term Loans that are Eurodollar Loans, 3.00% and (y) for Tranche G Term Loans that are Base Rate Loans, 2.00% and
(ii) thereafter, the respective rate indicated below for Loans of the applicable Type set forth opposite the then-current Rate Ratio (determined pursuant to Section 3.03 of the Credit Agreement) indicated below: 

 

									
	 Range of Rate Ratio
	  	Eurodollar
Loans	 	 	Base Rate
Loans	 
	 Greater than 3.50 to 1
	  	 	3.00	% 	 	 	2.00	% 
	 Less than or equal to 3.50 to 1
	  	 	2.75	% 	 	 	1.75	% 

 provided, that. such Rate Ratio shall be calculated after giving pro forma effect to the
incurrence of the Tranche G Term Loans. 
 Section 2.05. Eurodollar Rate. Solely with respect to Tranche G Term Loans, the
Eurodollar Rate, including for purposes of the definition of Base Rate, shall be as follows (in lieu of the definitions otherwise applicable under the Credit Agreement): 

  
 -3- 

 “Eurodollar Rate” shall mean the higher of (x) for any
Eurodollar Loan for any Interest Period therefor, a rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) determined by the Administrative Agent to be equal to the Eurodollar Base Rate for such Loan for such Interest Period
divided by 1 minus the Reserve Requirement (if any) for such Loan for such Interest Period and (y) 0.75%. 
 Section 2.06.
Special Voting Provisions. (a) Solely for purposes of determining whether each Lender has consented to the amendments set forth in Exhibit G to the Credit Agreement (which may be updated with the consent of the Borrowers and the
Administrative Agent without the consent of any Lender to make any change that is not less favorable to the Tranche G Term Loan Lenders in any material respect so long as such changes are provided to Lenders for review for a period of not less than
three Business Days (or, such longer period as may be requested by any Tranche G Term Loan Lender if such Lender in good faith determines that it requires additional time to consider such changes) and no Tranche G Term Loan Lender notifies the
Administrative Agent in writing prior to 5:00 p.m. New York time prior to the end of such three Business Day period that such Lender has determined that any such additional changes to Exhibit G are adverse to such Lender in a manner such
Lender deems to be material) (the “Exhibit G Amendments”), all Tranche G Term Loans shall be deemed to be held by Lenders that have consented to the Exhibit G Amendments. 

(b) Each Tranche G Term Loan Lender, solely in its capacity as a Tranche G Term Loan Lender, hereby agrees that with respect to any matter
requiring the vote of Lenders pursuant to (x) any proposed amendment, restatement, waiver, consent, supplement or other modification of Section 8.10 of the Credit Agreement (including any of the defined terms set forth therein to the
extent affecting the calculation of the ratios set forth therein), other than any amendment, restatement, waiver, consent, supplement or other modification of Section 8.10(a) that would permit the Total Leverage Ratio to exceed 6.0 to 1.0, or
(y) the exercise of any remedy under the last paragraph of Section 9.01 of the Credit Agreement arising from an Event of Default under Section 8.10 of the Credit Agreement, other than to the extent that such Event of Default arises
from a failure to satisfy a maximum Leverage Ratio of 6.0 to 1.0, the Tranche G Term Loans held by such Tranche G Term Loan Lender shall automatically, and without further action on the part of such Lender, the Borrower or the Administrative Agent,
be deemed to be voted, and each Tranche G Term Loan Lender irrevocably instructs the Borrower and the Administrative Agent to treat as voted, in the same proportion as the allocation of voting with respect to such matter by other Lenders entitled to
vote on such matter (other than in their capacity as Tranche G Term Loan Lenders) so long as such Tranche G Term Loan Lender is treated in connection with the exercise of such right or taking of such action on the same basis as, and in a manner no
less favorable to such Tranche G Term Loan Lender, than the other Lenders. 
 Section 2.07. Prepayment Premium. If on or prior
to the first anniversary of the Tranche G Commitment Effective Date, any optional or mandatory prepayment of the Tranche G Term Loans from the proceeds of a substantially concurrent borrowing of term loans is effected and the interest rate in
respect of such term loans is less than the interest rate in respect of the Tranche G Term Loans; provided that, in determining such applicable interest rates, original issue discount (“OID”) or upfront fees and arrangement,
structuring or other fees payable in connection therewith shall not be included, the prepayment shall be accompanied by a fee equal to 1.00% of the aggregate principal amount of the Tranche G Term Loans subject to such prepayment. 

  
 -4- 

 ARTICLE III 

[RESERVED] 
 ARTICLE IV 

SECURITY DOCUMENTS 

Section 4.01. Confirmation of Security Documents. Each of the Borrowers hereby confirms and ratifies all of its obligations under
the Loan Documents to which it is a party. By its execution on the respective signature lines provided below, each of the Obligors hereby confirms and ratifies all of its obligations and the Liens granted by it under the Security Documents to which
it is a party, represents and warrants that the representations and warranties set forth in such Security Documents are complete and correct on the date hereof as if made on and as of such date and confirms that all references in such Security
Documents to the “Credit Agreement” (or words of similar import) refer to the Credit Agreement as supplemented hereby without impairing any such obligations or Liens in any respect. 

ARTICLE V 
 REPRESENTATION AND
WARRANTIES; NO DEFAULTS 
 The Borrowers represent and warrant to the Administrative Agent and the Lenders that (i) each of the
representations and warranties made by the Borrowers in Section 7 of the Credit Agreement, and by each Obligor in the other Loan Documents to which it is a party, is true and complete on and as of the date hereof with the same force and effect
as if made on and as of the date hereof (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date) and as if each reference therein to the Credit Agreement or Loan Documents
included reference to this Agreement and (ii) no Default has occurred and is continuing. 
 ARTICLE VI 

CONDITIONS 
 Section 6.01.
The obligations of the Tranche G Term Loan Lenders to make Tranche G Term Loans on the Tranche G Commitment Effective Date are subject to the conditions precedent that each of the following conditions shall have been satisfied: 

(a) Counterparts of Agreement. The Administrative Agent shall have received duly executed and delivered counterparts (or written
evidence thereof satisfactory to the Administrative Agent, which may include telecopy transmission of, as applicable, a signed signature page) of this Agreement from each Obligor and each Lender listed on Schedule I hereto. 

(b) Opinion of Counsel to Obligors. The Administrative Agent shall have received an opinion, dated the Tranche G Commitment Effective
Date, of Dentons US LLP, counsel to the Obligors, covering such matters as the Administrative Agent may reasonably request (and the Borrowers hereby instruct counsel to deliver such opinion to the Lenders and the Administrative Agent). 

(c) Organizational Documents. Such organizational documents (including, without limitation, board of director and shareholder
resolutions, member approvals and evidence of incumbency, including specimen signatures, of officers of each Obligor) with respect to the execution, delivery and performance of this Agreement and each other document to be delivered by such Obligor
from time to time in connection herewith and the extensions of credit hereunder as the Administrative Agent may reasonably request (and the Administrative Agent and each Lender may conclusively rely on such certificate until it receives notice in
writing from such Obligor to the contrary). 

  
 -5- 

 (d) Officer’s Certificate. A certificate of a Senior Officer, dated the Tranche G
Commitment Effective Date, to the effect that (i) the representations and warranties made by the Borrowers in Article V hereof, and by each Obligor in the other Loan Documents to which it is a party, are true and complete on and as of the date
hereof with the same force and effect as if made on and as of such date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date), (ii) after giving effect the borrowing
of the Tranche G Term Loans, the Borrowers will not exceed the maximum amount permitted to be borrowed under Section 2.01(e)(iii) of the Credit Agreement, and (iii) no Default shall have occurred and be continuing. 

(e) Other Documents. Such other documents as the Administrative Agent or any Tranche G Term Loan Lender may reasonably request. 

(f) Fees and Expenses. J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities,
LLC, SunTrust Robinson Humphrey, Inc., Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, RBC Capital Markets, and Natixis New York Branch (collectively, the “Engagement Parties”), the Tranche G Term Loan Lenders and
the Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Tranche G Commitment Effective Date, including, to the extent invoiced, reimbursement or payment of all out-of-pocket expenses required to be
reimbursed or paid by the Borrowers hereunder. 
 (g) Borrowing Notice. The Borrowers shall have delivered to the Administrative
Agent notice of borrowing in respect of Tranche G Term Loans in accordance with Section 2.02 of the Credit Agreement. 
 (h)
Repayment of Indebtedness. The Administrative Agent shall have received reasonably satisfactory evidence that, on the Tranche G Commitment Effective Date, substantially concurrently with the funding of the Tranche G Term Loans, all of
Mediacom LLC’s outstanding 9 1/8% Senior Notes due 2019 will be repaid in full. 
 ARTICLE VII 

MISCELLANEOUS 
 Section 7.01.
Expenses. Subject to the provisions of the Engagement Letter dated as of June 13, 2014, among Mediacom LLC and the Engagement Parties, the Obligors jointly and severally agree to pay, or reimburse each Engagement Party for paying, all
reasonable out-of-pocket expenses incurred by each Engagement Party and their Affiliates, including the reasonable fees, charges and disbursements of special New York counsel to the Administrative Agent, in connection with the syndication of the
Incremental Facility Loans provided for herein and the preparation of this Agreement. 
 Section 7.02. Counterparts; Integration;
Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This
Agreement shall become effective when this Agreement shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof and thereof which, when taken together, bear the signatures of each
of the other parties hereto and thereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed counterpart of a signature page of this Agreement by
telecopy shall be effective as delivery of a manually executed counterpart of this Agreement. 
 Section 7.03. Governing Law.
This Agreement shall be governed by, and construed in accordance with, the law of the State of New York. 

  
 -6- 

 Section 7.04. Headings. Article and Section headings used herein are for convenience
of reference only, are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 

Section 7.05. Notices. All notices, requests and other communications provided for herein and under the Security Documents
(including, without limitation, any modifications of, or waivers, requests or consents under this Agreement) shall be given or made in writing (including, without limitation, by telecopy) delivered to the intended recipient at (i) in the case
of the Obligors and the Administrative Agent, the “Address for Notices” specified on Schedule A and (ii) in the case of each of the Lenders, the address (or telecopy number) set forth in its Administrative Questionnaire; or, as
to any party, at such other address as shall be designated by such party in a notice to each other party. 

  
 -7- 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered as of the day and year first above written. 
  

	
	 MEDIACOM ILLINOIS LLC

	 MEDIACOM INDIANA LLC

	 MEDIACOM IOWA LLC

	 MEDIACOM MINNESOTA LLC

	 MEDIACOM WISCONSIN LLC

	MEDIACOM ARIZONA LLC
	MEDIACOM CALIFORNIA LLC
	MEDIACOM DELAWARE LLC
	MEDIACOM SOUTHEAST LLC

  

			
	By:	 	Mediacom LLC, Member
		
	By:	 	 Mediacom Communications
 Corporation,
Member

  

					
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer

  

					
	ZYLSTRA COMMUNICATIONS CORP.
		
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	 Executive Vice President and
 Chief Financial
Officer

 [Incremental Facility Agreement Signature Page] 

 
					
	 JPMORGAN CHASE BANK, N.A.,
 as
Administrative Agent and as a Tranche G Term Loan Lender with the Tranche G Term Loan Commitment set forth opposite its name on Schedule I

		
	By:	 	 /s/ Ann B. Kerns

		 	Name:	 	Ann B. Kerns
		 	Title:	 	Vice President

 [Incremental Facility Agreement Signature Page] 

 By its signature below, the undersigned hereby consents to the foregoing Incremental Facility
Agreement and confirms that the Tranche G Term Loans shall constitute “Guaranteed Obligations” under the Guarantee and Pledge Agreement under and as defined in said Credit Agreement for all purposes of said Guarantee and Pledge Agreement
and shall be entitled to the benefits of the guarantee and security provided under the Guarantee and Pledge Agreement. 
  

					
	 MEDIACOM LLC

		
	By:	 	Mediacom Communications Corporation, Member
		
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer
	
	MEDIACOM MANAGEMENT CORPORATION
		
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer
	
	MEDIACOM INDIANA PARTNERCO LLC
		
	By:	 	Mediacom LLC, Member
	By:	 	Mediacom Communications Corporation, Member
		
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer
	
	MEDIACOM INDIANA HOLDINGS, L.P.
		
	By:	 	Mediacom Indiana Partnerco LLC, General Partner
	By:	 	Mediacom LLC, Member
	By:	 	Mediacom Communications Corporation, Member
		
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer

 [Incremental Facility Agreement Signature Page] 

 By its signature below, the undersigned hereby consents to the foregoing Incremental Facility Agreement and
confirms that the Tranche G Term Loans shall constitute “Guaranteed Obligations” under the respective Subsidiary Guarantee Agreements under and as defined in said Credit Agreement for all purposes of said Subsidiary Guarantee Agreements
and shall be entitled to the benefits of the guarantee and security provided under the Subsidiary Guarantee Agreements. 
 ILLINI CABLE HOLDING, INC. 

 

					
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer

 ILLINI CABLEVISION OF ILLINOIS, INC. 
  

					
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	Executive Vice President and
Chief Financial Officer

 [Incremental Facility Agreement Signature Page] 

 By its signature below, the undersigned hereby confirms that all of its obligations under the Management Fee
Subordination Agreement and Section 5.04 of the Guarantee and Pledge Agreement shall continue unchanged and in full force and effect for the benefit of the Administrative Agent, the Lenders party to the Credit Agreement and the Tranche G Term
Loan Lenders. 
 MEDIACOM COMMUNICATIONS 
 CORPORATION 

 

					
	By:	 	 /s/ Mark E. Stephan

		 	Name:	 	Mark E. Stephan
		 	Title:	 	 Executive Vice President and
 Chief Financial
Officer

 [Incremental Facility Agreement Signature Page] 

 Schedule A 

Notices 
 If to the Borrowers: 

Mediacom Illinois LLC 
 Mediacom
Indiana LLC 
 Mediacom Iowa LLC 

Mediacom Minnesota LLC 
 Mediacom
Wisconsin LLC 
 Zylstra Communications Corp. 

Mediacom Arizona LLC 
 Mediacom
California LLC 
 Mediacom Delaware LLC 

Mediacom Southeast LLC 
 c/o
Mediacom Communications Corporation 
 1 Mediacom Way 

Mediacom Park, New York 10918 

Attention: Mark E. Stephan 

Telecopier Number: (845) 698-4100 

Telephone Number: (845) 443-2640 

E-mail Address: mstephan@mediacomcc.com 
 If to
the Administrative Agent: 
 JPMorgan Chase Bank, N.A. 

500 Stanton Christiana Road, Ops Building 2, 3rd Floor 

Newark, DE 19713-2107 
 Attention:
Jonathan Krepol 
 Telecopier Number: (302) 634-3301 

Telephone Number: (302) 634-1112 

E-mail Address: jonathan.l.krepol@jpmorgan.com 

Schedule A to Incremental Facility Agreement 

 Schedule I 

TRANCHE G LENDER COMMITMENTS 
  

					
	 LENDER
	  	TRANCHE G
TERM LOAN
COMMITMENT	 
	 JP MORGAN
	  	$	350,000,000	  
		  	  
	  
	 
	 TOTAL:
	  	$	350,000,000	  
		  	  
	  
	 

 Schedule I to Incremental Facility AgreementExhibit41-FifthIndentureSupplement

Exhibit 4.1

EXECUTION VERSION

NOBLE ENERGY, INC.
to
WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Trustee

Fifth Supplemental Indenture 
dated as of November 7, 2014
to
Indenture 
dated as of February 27, 2009

$650,000,000 
3.900% Notes due 2024

$850,000,000
5.050% Notes due 2044

TABLE OF CONTENTS
Page
ARTICLE I RELATION TO INDENTURE; DEFINITIONS    1
SECTION 1.01    Relation To Indenture.    1
SECTION 1.02    Rules of Interpretation; Definitions.    1
ARTICLE II THE SERIES OF DEBT SECURITIES    2
SECTION 2.01    Title of the Debt Securities.    2
SECTION 2.02    Limitations on Aggregate Principal Amount.    2
SECTION 2.03    Registered Securities; Global Form.    2
SECTION 2.04    Form and Terms of Notes.    2
SECTION 2.05    Registrar and Paying Agent.    3
SECTION 2.06    Applicability of Certain Indenture Provisions.    3
ARTICLE III MISCELLANEOUS PROVISIONS    3
SECTION 3.01    Ratification of Indenture.    3
SECTION 3.02    Governing Law.    3
SECTION 3.03    Counterparts.    3
SECTION 3.04    Recitals.    3

FIFTH SUPPLEMENTAL INDENTURE, dated as of November 7, 2014 (this “Supplemental Indenture”), between NOBLE ENERGY, INC., a corporation duly organized and existing under the laws of the State of Delaware (the “Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as trustee (the “Trustee”).
RECITALS OF THE COMPANY
WHEREAS, the Company has heretofore delivered to the Trustee an Indenture dated as of February 27, 2009, as amended and supplemented from time to time (the “Indenture”), providing for the issuance from time to time of debt securities of the Company (the “Debt Securities”).
WHEREAS, Section 3.01 of the Indenture provides that various matters with respect to any series of Debt Securities issued under the Indenture may be established in an indenture supplemental to the Indenture.
WHEREAS, Section 12.01(f) of the Indenture provides for the Company and the Trustee to enter into an indenture supplemental to the Indenture to establish the form or terms of Debt Securities of any series as contemplated by Sections 2.01 and 3.01 of the Indenture.
WHEREAS, all the conditions and requirements necessary to make this Supplemental Indenture, when duly executed and delivered, a valid and legally binding agreement in accordance with its terms and for the purposes herein expressed, have been performed and fulfilled.
NOW, THEREFORE, THIS INDENTURE WITNESSETH:
For and in consideration of the premises and the purchase of the series of Debt Securities provided for herein by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders of the series of Debt Securities provided for herein, as follows:
Article I 
RELATION TO INDENTURE; DEFINITIONS
SECTION 1.01    Relation To Indenture.
This Supplemental Indenture constitutes an integral part of the Indenture.
SECTION 1.02    Rules of Interpretation; Definitions.
The first paragraph of Section 1.01 of the Indenture is fully incorporated by reference into this Supplemental Indenture.  For all purposes of this Supplemental Indenture, except as otherwise expressly provided or unless the context otherwise requires, capitalized terms used but not defined herein shall have the respective meanings assigned to them in the Indenture.
ARTICLE II     
THE SERIES OF DEBT SECURITIES
SECTION 2.01    Title of the Debt Securities.
There is hereby created under the Indenture a series of Debt Securities designated the “3.900% Notes due 2024” (the “2024 Notes”) and a series of Debt Securities designated the “5.050% Notes due 2044” (the “2044 Notes” and, together with the 2024 Notes, the “Notes”).
SECTION 2.02    Limitations on Aggregate Principal Amount.
The aggregate principal amount of the 2024 Notes shall be initially limited to $650,000,000 and the aggregate principal amount of the 2044 Notes shall be initially limited to $850,000,000; provided that the Company may, without the consent of the Holders of Outstanding Notes of a series, increase the principal amount of the Notes Outstanding of such series by issuing additional Notes (“Additional Notes”) of such series in the future on the same terms and conditions (including, without limitation, the right to receive accrued and unpaid interest), except for differences in the issue price and issue date of the Additional Notes, and with the same CUSIP number as the Notes then Outstanding of such series; provided that such Additional Notes of a series are fungible with previously issued Notes of such series for U.S. federal income tax purposes.  No Additional Notes of a series may be issued if an Event of Default has occurred and is continuing with respect to the Notes of such series.  Any Additional Notes of a series shall rank equally and ratably with the Notes of such series then Outstanding and shall be treated as a single series for all purposes hereunder and under the Indenture.  From and after the issue date of any Additional Notes of a series, any reference herein to “Notes” shall include such Additional Notes of such series.
Except as provided in this Section, the Company shall not execute and the Trustee shall not authenticate or deliver Notes of a series in excess of the aggregate principal amount specified in the preceding paragraph.
Nothing contained in this Section 2.02 or elsewhere in this Supplemental Indenture, or in the Notes, is intended to or shall limit execution by the Company or authentication or delivery by the Trustee of the Notes under the circumstances contemplated in Section 3.05, 3.06, 4.06 and 12.06 of the Indenture.
SECTION 2.03    Registered Securities; Global Form.
The Notes shall be issuable and transferable in fully registered form, without coupons.  The Notes shall be issued in the form of one or more permanent Global Securities subject to any requirements of the Indenture for the issuance of definitive Notes in exchange therefor.  The Depositary for the Notes shall be The Depository Trust Company.  Beneficial interests in the Global Securities evidencing the Notes of a series shall not be exchangeable for Notes of such series in definitive form except as provided in Section 2.03 of the Indenture.
SECTION 2.04    Forms and Terms of Notes.
The 2024 Notes shall be substantially in the form attached as Exhibit A and hereto and shall have the terms specified therein.  The 2044 Notes shall be substantially in the form attached as Exhibit B and hereto and shall have the terms specified therein.
SECTION 2.05    Registrar and Paying Agent.
The Trustee shall initially serve as Debt Security Registrar and Paying Agent for the Notes.
SECTION 2.06    Applicability of Certain Indenture Provisions.
The provisions of Article VI of the Indenture, including Section 6.06 thereof, shall be applicable to the Notes.
The provisions of Article XIII of the Indenture relating to defeasance and covenant defeasance shall be applicable to the Notes.
ARTICLE III     
MISCELLANEOUS PROVISIONS
SECTION 3.01    Ratification of Indenture.
Except as expressly modified or amended hereby, the Indenture continues in full force and effect and is in all respects confirmed and preserved.
SECTION 3.02    Governing Law.
This Supplemental Indenture and each Note shall be governed by and construed in accordance with the laws of the State of New York.  This Supplemental Indenture is subject to the provisions of the Trust Indenture Act of 1939, as amended, and shall, to the extent applicable, be governed by such provisions.
SECTION 3.03    Counterparts.
This Supplemental Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.
SECTION 3.04    Recitals.
The recitals contained herein shall be taken as 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 Supplemental Indenture.
[signature page follows]

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed by their respective officers hereunto duly authorized, all as of the day and year first written above.
NOBLE ENERGY, INC. 
 
 
By:     /s/ Kenneth M. Fisher     
    Name:  Kenneth M. Fisher 
    Title:    Executive Vice President and 
            Chief Financial Officer
Attest: 
 
 
By:     /s/ Arnold J. Johnson     
    Name:  Arnold J. Johnson 
    Title:    Secretary
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee 
 
 
By:     /s/ Stefan Victory     
    Authorized Representative

Exhibit A to
Fifth Supplemental Indenture
UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”), 55 WATER STREET, NEW YORK, NEW YORK TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND SUCH SECURITY ISSUED IS REGISTERED IN THE NAME OF CEDE & CO., OR SUCH OTHER NAME AS 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, SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
TRANSFERS OF THIS SECURITY SHALL BE LIMITED TO TRANSFERS, IN WHOLE BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE EXCEPT AS OTHERWISE PROVIDED IN THE INDENTURE REFERRED TO ON THE REVERSE SIDE OF THIS CERTIFICATE.
NOBLE ENERGY, INC.
3.900% Note Due 2024
REGISTERED    PRINCIPAL AMOUNT
 
No. ____    $________________
CUSIP NO. 655044 AH8
NOBLE ENERGY, INC., a Delaware corporation (herein referred to as the “Company” which term includes any successor entity under the Indenture herein referred to), for value received, hereby promises to pay to CEDE & CO., or registered assigns, upon presentation, the principal sum of $________________ on November 15, 2024 (the “Stated Maturity Date”) and to pay interest thereon from November 7, 2014 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on May 15 and November 15 of each year (each, an “Interest Payment Date”), commencing May 15, 2015, at the rate of 3.900% per annum, until the principal hereof is paid or duly provided for.  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 Holder in whose name this Security (or one or more Predecessor Debt 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 at the office or agency of the Company maintained for such purpose; provided that such interest may be paid, at the Company’s option, by mailing a check to such Holder at its registered address.  Any such interest not so punctually paid or duly provided for shall forthwith cease to be payable to the Holder on such Regular Record Date, and may be paid to the Holder in whose name this Security (or one or more Predecessor Debt Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities not less than ten days prior to such Special Record Date, or may 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.  Interest will be computed on the basis of a 360-day year consisting of twelve 30‐day months.  The Company will pay, to the extent lawful, interest (including post-petition interest in any proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law) on overdue principal and interest at the rate per annum borne by this Security.
Payment of the principal of and interest on this Security will be made at the Corporate Trust Office of the Trustee in the City of Dallas, Texas or the office of the Trustee in The City of New York, New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.  The Company, however, may pay principal and interest by check payable in such money.  At the option of the Company, payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Debt Security Register; provided that, notwithstanding anything else contained herein, if this Security is a Global Security and is held in book-entry form through the facilities of the Depositary, payments on this Security will be made to the Depositary or its nominee in accordance with the arrangements then in effect between the Trustee and the Depositary.
In any case where any Interest Payment Date or Redemption Date or the Stated Maturity Date of this Security shall not be a Business Day, then the related payment of interest or principal and premium, if any, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Redemption Date or on the Stated Maturity Date, and, if such payment is made or duly provided for on such Business Day, no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date, Redemption Date or the Stated Maturity Date, as the case may be, to such Business Day.  For purposes of this Security, the term “Business Day” means any day, other than a Saturday or Sunday, that is not a day on which banking institutions or trust companies are generally authorized or required by law, regulation or executive order to close in The City of New York.
Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.
Unless the Certificate of Authentication hereon has been executed by the Trustee by manual signature of one of its authorized signatories, 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 executed by one of its duly authorized officers.
Dated:  November 7, 2014
NOBLE ENERGY, INC. 
 
 
By:              
    Name:  Kenneth M. Fisher 
    Title:    Executive Vice President and 
            Chief Financial Officer
Attest: 
 
 
By:              
    Name:  Arnold J. Johnson 
    Title:    Secretary
TRUSTEE’S CERTIFICATE OF AUTHENTICATION:
This is one of the Debt Securities of the series designated therein referred to in the within-mentioned Indenture.
Dated:  November 7, 2014
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee 
 
 
By:               
    Authorized Representative
[Reverse of Note]
NOBLE ENERGY, INC.
This Security is one of a duly authorized issue of Debt Securities of the Company designated as its “3.900% Notes due 2024” (herein called the “Securities”), initially limited in aggregate principal amount of $650,000,000 issued under an Indenture dated as of February 27, 2009, as amended and supplemented by the First Supplemental Indenture thereto dated as of February 27, 2009, the Second Supplemental Indenture thereto dated as of February 18, 2011, the Third Supplemental Indenture thereto dated as of December 8, 2011, the Fourth Supplemental Indenture thereto dated as of November 8, 2013 and the Fifth Supplemental Indenture thereto dated as of November 7, 2014 (as so amended and supplemented, and as hereafter amended and supplemented from time to time, the “Indenture”), between the Company and Wells Fargo Bank, National Association, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture with respect to the series of which this Debt Security is a part), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the Securities are, and are to be, authenticated and delivered.  To the extent that any provision of this Security conflicts with the express provisions of the Indenture, the provisions of this Security will govern and be controlling (to the extent permitted by law).  All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.
The Securities will be redeemable prior to the Stated Maturity Date at the Company’s option, in whole or in part at any time.  Prior to August 15, 2024 the Securities will be redeemable at a Redemption Price equal to the greater of (1) 100% of the principal amount of the Securities to be redeemed, or (2) the sum of the present values of the remaining scheduled payments of principal of the Securities to be redeemed and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360‐day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points, plus accrued and unpaid interest on the principal amount being redeemed up to but not including the Redemption Date.  On or after August 15, 2024, the Securities will be redeemable at a Redemption Price equal to 100% of the principal amount of the Securities to be redeemed plus accrued and unpaid interest on the principal amount being redeemed up to but not including the Redemption Date.
“Treasury Rate” means, with respect to any Redemption Date,
(i)    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 (519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; or
(ii)    if the Treasury Rate cannot be determined pursuant to clause (i) because such release (or any successor release) is not published during the week preceding the calculation date, the rate per annum equal to the semi‐annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the Redemption Date.
“Comparable Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of the Securities.
“Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Company.
“Comparable Treasury Price” means, with respect to any Redemption Date, (i) the average of three Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest of five Reference Treasury Dealer Quotations obtained, or (ii) if the Company obtains fewer than five Reference Treasury Dealer Quotations, the average of all Reference Treasury Dealer Quotations obtained.
“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Company by such Reference Treasury Dealer at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date.
“Reference Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Deutsche Bank Securities Inc. or their respective affiliates which are Primary Treasury Dealers (as defined below) and two other nationally recognized investment banking firms that are Primary Treasury Dealers specified from time to time by the Company, except that if any of the foregoing ceases to be a primary U.S. government securities dealer in The City of New York (a “Primary Treasury Dealer”), the Company shall be required to designate as a substitute another nationally recognized investment banking firm, or an affiliate thereof, that is a Primary Treasury Dealer. 
Notice of redemption will be sent to Holders of Securities, at least 30 but not more than 60 days prior to the Redemption Date, all as provided in the Indenture.
In the event of redemption of this Security 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.
In connection with any redemption prior to August 15, 2024, the Company will calculate the Redemption Price on the basis of the Treasury Rate as of the third Business Day preceding the applicable Redemption Date and, prior to such Redemption Date, deliver to the Trustee an Officers’ Certificate setting forth the Redemption Price and showing the calculation thereof in reasonable detail, including the manner in which the Treasury Rate has been determined.
If an Event of Default with respect to the Securities shall occur and be continuing, the principal of the Securities may be declared due and payable in the manner and with the effect provided in the Indenture.
The Indenture permits, with certain exceptions as provided therein, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Debt Securities of any series under the Indenture at any time by the Company and the Trustee with the consent of the Holders of not less than a majority of the aggregate principal amount of the Outstanding Debt Securities of such series.  The Indenture also contains provisions permitting the Holders of not less than a majority of the aggregate principal amount of the Outstanding Debt Securities of any series, on behalf of the Holders of all such securities of that series, to waive compliance by the Company with certain provisions of the Indenture and to waive certain past defaults under the Indenture with respect to such series and their consequences.  Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and other Securities issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.
No sinking fund will be established with respect to the Securities and the Securities shall not be subject to any sinking fund payments.
Articles VI and XIII of the Indenture shall be applicable in their entirety to the Securities.
The Indenture contains provisions for defeasance of (i) the entire indebtedness of the Company in respect of this Security and (ii) certain restrictive covenants and the related Events of Default, subject to compliance by the Company with certain conditions set forth in the Indenture.
No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, premium, if any, and interest on this Security at the times, places and rate, and in the coin or currency, herein prescribed.
As provided in the Indenture and subject to certain limitations therein and herein set forth, the transfer of this Security is registrable in the Debt Security Register of the Company upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Debt Security Registrar duly executed by, the Holder hereof or by his 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.
As provided in the Indenture and subject to certain limitations therein and herein set forth, this Security is exchangeable for a like aggregate principal amount of Securities of different authorized denominations but otherwise having the same terms and conditions, as requested by the Holder hereof surrendering the same.
The Securities are issuable only in registered form without coupons in denominations of $2,000 and integral multiples of $1,000 in excess thereof.
No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
The registered Holder of this Security may be treated as its owner for all purposes.
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 be overdue, and none of the Company, the Trustee and any such agent shall be affected by notice to the contrary.
No recourse shall be had for the payment of the principal of or premium, if any, or the interest on this Security, or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any past, present or future stockholder, employee, officer or director, as such, of the Company or of any successor, either directly or through the Company or any successor, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released.
The Securities shall be governed by and construed in accordance with the laws of the State of New York.
Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused “CUSIP” numbers to be printed on the Securities as a convenience to the Holders of such Securities.  No representation is made as to the correctness or accuracy of such CUSIP numbers as printed on the Securities, and reliance may be placed only on the other identification numbers printed hereon.
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto
 
______________________________________________________________________________
 
(Please Print or Type Name and Address Including Zip Code of Assignee)
the within Debt Security of Noble Energy, Inc. and hereby does irrevocably constitute and
 
appoint _____________________________________ Attorney to transfer said security on the
 
books of the within-named Corporation with full power of substitution in the premises.
 
______________________________________________________________________________
 
(Please Insert Social Security or Other Identifying Number of Assignee) Dated:
Dated:  _______________
            
            
SIGNATURE GUARANTEE
Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of Wells Fargo Bank, National Association, 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 Wells Fargo Bank, National Association in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934 as amended.
NOTICE:  The signature to this assignment must correspond with the name as it appears on the first page of the within Security in every particular, without alteration or enlargement of any change whatever.

Exhibit B to
Fifth Supplemental Indenture
UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”), 55 WATER STREET, NEW YORK, NEW YORK TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND SUCH SECURITY ISSUED IS REGISTERED IN THE NAME OF CEDE & CO., OR SUCH OTHER NAME AS 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, SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
TRANSFERS OF THIS SECURITY SHALL BE LIMITED TO TRANSFERS, IN WHOLE BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE EXCEPT AS OTHERWISE PROVIDED IN THE INDENTURE REFERRED TO ON THE REVERSE SIDE OF THIS CERTIFICATE.
NOBLE ENERGY, INC.
5.050% Note Due 2044
REGISTERED    PRINCIPAL AMOUNT
No. ____    $________________
CUSIP NO. 655044 AJ4
NOBLE ENERGY, INC., a Delaware corporation (herein referred to as the “Company” which term includes any successor entity under the Indenture herein referred to), for value received, hereby promises to pay to CEDE & CO., or registered assigns, upon presentation, the principal sum of $________________ on November 15, 2044 (the “Stated Maturity Date”) and to pay interest thereon from November 7, 2014 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on May 15 and November 15 of each year (each, an “Interest Payment Date”), commencing May 15, 2015, at the rate of 5.050% per annum, until the principal hereof is paid or duly provided for.  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 Holder in whose name this Security (or one or more Predecessor Debt 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 at the office or agency of the Company maintained for such purpose; provided that such interest may be paid, at the Company’s option, by mailing a check to such Holder at its registered address.  Any such interest not so punctually paid or duly provided for shall forthwith cease to be payable to the Holder on such Regular Record Date, and may be paid to the Holder in whose name this Security (or one or more Predecessor Debt Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities not less than ten days prior to such Special Record Date, or may 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.  Interest will be computed on the basis of a 360-day year consisting of twelve 30‐day months.  The Company will pay, to the extent lawful, interest (including post-petition interest in any proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law) on overdue principal and interest at the rate per annum borne by this Security.
Payment of the principal of and interest on this Security will be made at the Corporate Trust Office of the Trustee in the City of Dallas, Texas or the office of the Trustee in The City of New York, New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.  The Company, however, may pay principal and interest by check payable in such money.  At the option of the Company, payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Debt Security Register; provided that, notwithstanding anything else contained herein, if this Security is a Global Security and is held in book-entry form through the facilities of the Depositary, payments on this Security will be made to the Depositary or its nominee in accordance with the arrangements then in effect between the Trustee and the Depositary.
In any case where any Interest Payment Date or Redemption Date or the Stated Maturity Date of this Security shall not be a Business Day, then the related payment of interest or principal and premium, if any, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Redemption Date or on the Stated Maturity Date, and, if such payment is made or duly provided for on such Business Day, no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date, Redemption Date or the Stated Maturity Date, as the case may be, to such Business Day.  For purposes of this Security, the term “Business Day” means any day, other than a Saturday or Sunday, that is not a day on which banking institutions or trust companies are generally authorized or required by law, regulation or executive order to close in The City of New York.
Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.
Unless the Certificate of Authentication hereon has been executed by the Trustee by manual signature of one of its authorized signatories, 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 executed by one of its duly authorized officers.
Dated:  November 7, 2014
NOBLE ENERGY, INC. 
 
 
By:             
    Name:  Kenneth M. Fisher 
    Title:    Executive Vice President and
Chief Financial Officer
Attest: 
 
 
By:         
    Name:  Arnold J. Johnson 
    Title:    Secretary

TRUSTEE’S CERTIFICATE OF AUTHENTICATION:
This is one of the Debt Securities of the series designated therein referred to in the within-mentioned Indenture.
Dated:  November 7, 2014
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee 
 
 
By:             
    Authorized Representative
[Reverse of Note]
NOBLE ENERGY, INC.
This Security is one of a duly authorized issue of Debt Securities of the Company designated as its “5.050% Notes due 2044” (herein called the “Securities”), initially limited in aggregate principal amount of $850,000,000 issued under an Indenture dated as of February 27, 2009, as amended and supplemented by the First Supplemental Indenture thereto dated as of February 27, 2009, the Second Supplemental Indenture thereto dated as of February 18, 2011, the Third Supplemental Indenture thereto dated as of December 8, 2011, the Fourth Supplemental Indenture thereto dated as of November 8, 2013 and the Fifth Supplemental Indenture thereto dated as of November 7, 2014 (as so amended and supplemented, and as hereafter amended and supplemented from time to time, the “Indenture”), between the Company and Wells Fargo Bank, National Association, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture with respect to the series of which this Debt Security is a part), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the Securities are, and are to be, authenticated and delivered.  To the extent that any provision of this Security conflicts with the express provisions of the Indenture, the provisions of this Security will govern and be controlling (to the extent permitted by law).  All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.
The Securities will be redeemable prior to the Stated Maturity Date at the Company’s option, in whole or in part at any time.  Prior to May 15, 2044 the Securities will be redeemable at a Redemption Price equal to the greater of (1) 100% of the principal amount of the Securities to be redeemed, or (2) the sum of the present values of the remaining scheduled payments of principal of the Securities to be redeemed and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360‐day year consisting of twelve 30-day months) at the Treasury Rate plus 30 basis points, plus accrued and unpaid interest on the principal amount being redeemed up to but not including the Redemption Date.  On or after May 15, 2044, the Securities will be redeemable at a Redemption Price equal to 100% of the principal amount of the Securities to be redeemed plus accrued and unpaid interest on the principal amount being redeemed up to but not including the Redemption Date.
“Treasury Rate” means, with respect to any Redemption Date,
(i)    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 (519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; or
(ii)    if the Treasury Rate cannot be determined pursuant to clause (i) because such release (or any successor release) is not published during the week preceding the calculation date, the rate per annum equal to the semi‐annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the Redemption Date.
“Comparable Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of the Securities.
“Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Company.
“Comparable Treasury Price” means, with respect to any Redemption Date, (i) the average of three Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest of five Reference Treasury Dealer Quotations obtained, or (ii) if the Company obtains fewer than five Reference Treasury Dealer Quotations, the average of all Reference Treasury Dealer Quotations obtained.
“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Company by such Reference Treasury Dealer at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date.
“Reference Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Deutsche Bank Securities Inc. or their respective affiliates which are Primary Treasury Dealers (as defined below) and two other nationally recognized investment banking firms that are Primary Treasury Dealers specified from time to time by the Company, except that if any of the foregoing ceases to be a primary U.S. government securities dealer in The City of New York (a “Primary Treasury Dealer”), the Company shall be required to designate as a substitute another nationally recognized investment banking firm, or an affiliate thereof, that is a Primary Treasury Dealer. 
Notice of redemption will be sent to Holders of Securities, at least 30 but not more than 60 days prior to the Redemption Date, all as provided in the Indenture.
In the event of redemption of this Security 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.
In connection with any redemption prior to May 15, 2044, the Company will calculate the Redemption Price on the basis of the Treasury Rate as of the third Business Day preceding the applicable Redemption Date and, prior to such Redemption Date, deliver to the Trustee an Officers’ Certificate setting forth the Redemption Price and showing the calculation thereof in reasonable detail, including the manner in which the Treasury Rate has been determined.
If an Event of Default with respect to the Securities shall occur and be continuing, the principal of the Securities may be declared due and payable in the manner and with the effect provided in the Indenture.
The Indenture permits, with certain exceptions as provided therein, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Debt Securities of any series under the Indenture at any time by the Company and the Trustee with the consent of the Holders of not less than a majority of the aggregate principal amount of the Outstanding Debt Securities of such series.  The Indenture also contains provisions permitting the Holders of not less than a majority of the aggregate principal amount of the Outstanding Debt Securities of any series, on behalf of the Holders of all such securities of that series, to waive compliance by the Company with certain provisions of the Indenture and to waive certain past defaults under the Indenture with respect to such series and their consequences.  Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and other Securities issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.
No sinking fund will be established with respect to the Securities and the Securities shall not be subject to any sinking fund payments.
Articles VI and XIII of the Indenture shall be applicable in their entirety to the Securities.
The Indenture contains provisions for defeasance of (i) the entire indebtedness of the Company in respect of this Security and (ii) certain restrictive covenants and the related Events of Default, subject to compliance by the Company with certain conditions set forth in the Indenture.
No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, premium, if any, and interest on this Security at the times, places and rate, and in the coin or currency, herein prescribed.
As provided in the Indenture and subject to certain limitations therein and herein set forth, the transfer of this Security is registrable in the Debt Security Register of the Company upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Debt Security Registrar duly executed by, the Holder hereof or by his 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.
As provided in the Indenture and subject to certain limitations therein and herein set forth, this Security is exchangeable for a like aggregate principal amount of Securities of different authorized denominations but otherwise having the same terms and conditions, as requested by the Holder hereof surrendering the same.
The Securities are issuable only in registered form without coupons in denominations of $2,000 and integral multiples of $1,000 in excess thereof.
No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
The registered Holder of this Security may be treated as its owner for all purposes.
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 be overdue, and none of the Company, the Trustee and any such agent shall be affected by notice to the contrary.
No recourse shall be had for the payment of the principal of or premium, if any, or the interest on this Security, or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any past, present or future stockholder, employee, officer or director, as such, of the Company or of any successor, either directly or through the Company or any successor, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released.
The Securities shall be governed by and construed in accordance with the laws of the State of New York.
Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused “CUSIP” numbers to be printed on the Securities as a convenience to the Holders of such Securities.  No representation is made as to the correctness or accuracy of such CUSIP numbers as printed on the Securities, and reliance may be placed only on the other identification numbers printed hereon.
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto
 
______________________________________________________________________________
 
(Please Print or Type Name and Address Including Zip Code of Assignee)
the within Debt Security of Noble Energy, Inc. and hereby does irrevocably constitute and
 
appoint _____________________________________ Attorney to transfer said security on the
 
books of the within-named Corporation with full power of substitution in the premises.
 
______________________________________________________________________________
 
(Please Insert Social Security or Other Identifying Number of Assignee) Dated:
Dated:  _______________
            
            
SIGNATURE GUARANTEE
Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of Wells Fargo Bank, National Association, 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 Wells Fargo Bank, National Association in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934 as amended.
NOTICE:  The signature to this assignment must correspond with the name as it appears on the first page of the within Security in every particular, without alteration or enlargement of any change whatever.

ACTIVE 204233284v.6

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