Document:

Exhibit 10.1

Amendment Number One

  To

  Restricted Stock Unit Award Agreement

     The Restricted Stock Unit Award Agreement effective as of March 29, 2006 by and between Mercantile Bankshares Corporation, a Maryland Corporation (“Company”) and Edward J. Kelly (“Award
Recipient”) is hereby amended, effective as of October 8, 2006, as follows:

Section 6 is amended to add an additional paragraph that reads as follows:

     Notwithstanding the foregoing in this Section 6, each Award Unit that is outstanding immediately prior to the effective time of that certain Agreement and Plan of Merger by and between the Company and
The PNC Financial Services Group, Inc. (the "Pennsylvania Corporation") approved by the Board of Directors on October 8, 2006, and to be dated October 8, 2006 (the “Merger Agreement”) shall be cancelled and converted into the right to
receive, as soon as reasonably practicable following the effective time of the merger contemplated by the Merger Agreement, free of any restrictions under this Agreement, the “Merger Consideration” as defined under the Merger Agreement;
provided that (i) the Pennsylvania Corporation shall be entitled to deduct and withhold such amounts as may be required to be deducted and withheld under the Code and any applicable state or local tax law and (ii) such merger meets the requirements
of a change in the ownership or effective control of the Company under Code Section 409A(a)(2)(A)(v) and such effective time occurs in calendar year 2007.

     IN WITNESS WHEREOF, the Company has caused this Amendment Number One to be executed by its duly authorized officer, and the Award Recipient has hereunto set his hand
and seal, as of the 8th day of October, 2006.

	
ATTEST:		
      Mercantile Bankshares Corporation	
	 	 	 
	 	 	 
	/s/ John L. Unger 	By: 	/s/ Alexander T. Mason
	

			

	
John L. Unger, Secretary		 	Alexander T. Mason, Vice Chairman	
			 	 
	 	
	 	/s/ Edward J. Kelly, III.
	 	

	 		
      Edward J. Kelly, III.EX-4.1

 

Exhibit 4.1

[FORM OF] DEUTSCHE BANK AKTIENGESELLSCHAFT

Issuer

AND

LAW DEBENTURE TRUST COMPANY OF NEW YORK

Trustee

AND

DEUTSCHE BANK TRUST

COMPANY AMERICAS,

Paying Agent, Issuing Agent

and Registrar

Senior Indenture

Dated
as of ______ ___, 200_

 

CROSS
REFERENCE SHEET1

     Provisions of Trust Indenture Act of 1939 and Senior Indenture to be dated as of                                                        
      ,
200_, between DEUTSCHE BANK AKTIENGESELLSCHAFT, LAW DEBENTURE TRUST COMPANY OF NEW YORK, as
Trustee, and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Paying Agent,
Issuing Agent and Registrar:

	 	 	 	 	 
	Section of the Act	 	Section of Indenture	 
	310(a)(1) and (2)
	 	6.09	 	 
	310(a)(3) and (4)
	 	Inapplicable
	310(b)
	 	6.08	 	 
	 
	 	6.10(a)	
	 
	 	6.10(b)	 	 
	 
	 	6.10(d)	 
	310(c)
	 	Inapplicable
	312(a)
	 	4.01 and 4.02(a)
	312(b)
	 	4.02	 	 
	312(c)
	 	4.02(b)	 
	313(a)
	 	4.04	 	 
	313(b)(1)
	 	Inapplicable
	313(b)(2)
	 	4.04	 	 
	313(c)
	 	4.04	 
	313(d)
	 	4.04	 	 
	314(a)
	 	4.03	 
	314(b)
	 	Inapplicable
	314(c)(1) and (2)
	 	11.05	 
	314(c)(3)
	 	Inapplicable
	314(d)
	 	Inapplicable
	314(e)
	 	11.05	 	 
	314(f)
	 	Inapplicable
	315(a), (c) and (d)
	 	6.01	 	 
	315(b)
	 	5.11	 
	315(e)
	 	5.12	 	 
	316(a)(1)
	 	5.09	 
	316(a)(2)
	 	Not required
	316(a) (last sentence)
	 	7.04	 
	316(b)
	 	5.07	 	 
	317(a)
	 	5.02	 
	317(b)
	 	3.04(a) and Section 3.04(b)
	318(a)
	 	11.07	 

 

			
	1	 	This Cross Reference Sheet is not part of the
Indenture.

 

 

TABLE
OF CONTENTS

	 	 	 	 	 
	 	 	Page
	ARTICLE 1
	 	 	 	 
	Definitions
	 	 	 	 
	 
	 	 	 	 
	Section 1.01. Certain Terms Defined

	 	 	1	 
	 
	 	 	 	 
	ARTICLE 2
	 	 	 	 
	Securities
	 	 	 	 
	 
	 	 	 	 
	Section 2.01. Forms Generally

	 	 	7	 
	Section 2.02. Form of Trustee’s Certificate of Authentication

	 	 	7	 
	Section 2.03. Amount Unlimited; Issuable in Series

	 	 	8	 
	Section 2.04. Authentication and Delivery of Securities

	 	 	11	 
	Section 2.05. Execution of Securities

	 	 	13	 
	Section 2.06. Certificate of Authentication

	 	 	14	 
	Section 2.07. Denomination and Date of Securities; Payments of Interest

	 	 	14	 
	Section 2.08. Registration, Transfer and Exchange

	 	 	15	 
	Section 2.09. Mutilated, Defaced, Destroyed, Lost and Stolen Securities

	 	 	19	 
	Section 2.10. Cancellation of Securities; Disposition Thereof

	 	 	20	 
	Section 2.11. Temporary Securities

	 	 	20	 
	 
	 	 	 	 
	ARTICLE 3
	 	 	 	 
	Covenants Of The Issuer
	 	 	 	 
	 
	 	 	 	 
	Section 3.01. Payment of Principal and Interest

	 	 	21	 
	Section 3.02. Offices for Payments, Etc

	 	 	22	 
	Section 3.03. Appointment to Fill a Vacancy in Office of Trustee

	 	 	23	 
	Section 3.04. Paying Agents

	 	 	23	 
	Section 3.05. Written Statement to Trustee

	 	 	24	 
	Section 3.06. Luxembourg Publications

	 	 	24	 
	ARTICLE 4
	 	 	 	 
	Securityholders Lists and Reports by the Issuer and the Trustee
	 	 	 	 
	 
	Section 4.01. Issuer to Furnish Trustee Information as to Names and Addresses of Securityholders

	 	 	25	 
	Section 4.02. Preservation and Disclosure of Securityholders Lists

	 	 	25	 
	Section 4.03. Reports by the Issuer

	 	 	25	 
	Section 4.04. Reports by the Trustee

	 	 	26	 

i

 

	 	 	 	 	 
	 	 	Page
	ARTICLE 5
	 	 	 	 
	Remedies of the Trustee and Securityholders on Event of Default
	 	 	 	 
	 
	Section 5.01. Event of Default Defined; Acceleration of Maturity; Waiver of Default

	 	 	26	 
	Section 5.02. Collection Of Indebtedness By Trustee; Trustee May Prove Debt

	 	 	28	 
	Section 5.03. Application of Proceeds

	 	 	30	 
	Section 5.04. Suits for Enforcement

	 	 	31	 
	Section 5.05. Restoration of Rights on Abandonment of Proceedings

	 	 	32	 
	Section 5.06. Limitations on Suits by Securityholders

	 	 	32	 
	Section 5.07. Unconditional Right of Securityholders to Institute Certain Suits

	 	 	32	 
	Section 5.08. Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default

	 	 	33	 
	Section 5.09. Control by Holders of Securities

	 	 	33	 
	Section 5.10. Waiver of Past Defaults

	 	 	34	 
	Section 5.11. Trustee to Give Notice of Default; But May Withhold in Certain Circumstances

	 	 	34	 
	Section 5.12. Right of Court to Require Filing of Undertaking to Pay Costs

	 	 	35	 
	 
	 	 	 	 
	ARTICLE 6
	 	 	 	 
	Concerning the Trustee and Agent
	 	 	 	 
	 
	 	 	 	 
	Section 6.01. Duties and Responsibilities of the Trustee and Agent; During Default; Prior to Default

	 	 	35	 
	Section 6.02. Certain Rights of the Trustee and Agent

	 	 	37	 
	Section 6.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof

	 	 	38	 
	Section 6.04. Trustee and Agents May Hold Securities or Coupons; Collections, Etc

	 	 	38	 
	Section 6.05. Monies Held by Trustee

	 	 	38	 
	Section 6.06. Compensation and Indemnification of Trustee and Paying Agent and Their Prior Claim

	 	 	38	 
	Section 6.07. Right of Trustee and Agent to Rely on Officers’ Certificate, Etc

	 	 	39	 
	Section 6.08. Indentures not Creating Potential Conflicting Interests for the Trustee or Agent

	 	 	39	 
	Section 6.09. Persons Eligible for Appointment as Trustee

	 	 	39	 
	Section 6.10. Resignation and Removal; Appointment of Successor Trustee

	 	 	40	 
	Section 6.11. Acceptance of Appointment by Successor Trustee

	 	 	42	 
	Section 6.12. Merger, Conversion, Consolidation or Succession to Business of Trustee

	 	 	43	 
	Section 6.13. Appointment of Authenticating Agent and Calculation Agent

	 	 	44	 

ii

 

	 	 	 	 	 
	 	 	Page
	ARTICLE 7
	 	 	 	 
	Concerning the Securityholders
	 	 	 	 
	 
	 	 	 	 
	Section 7.01. Evidence of Action Taken by Securityholders

	 	 	45	 
	Section 7.02. Proof of Execution of Instruments and of Holding of Securities

	 	 	45	 
	Section 7.03. Holders to be Treated as Owners

	 	 	46	 
	Section 7.04. Securities Owned by Issuer Deemed Not Outstanding

	 	 	47	 
	Section 7.05. Right of Revocation of Action Taken

	 	 	47	 
	 
	 	 	 	 
	ARTICLE 8
	 	 	 	 
	Supplemental Indentures
	 	 	 	 
	 
	 	 	 	 
	Section 8.01. Supplemental Indentures Without Consent of Securityholders

	 	 	48	 
	Section 8.02. Supplemental Indentures With Consent of Securityholders

	 	 	49	 
	Section 8.03. Effect of Supplemental Indenture

	 	 	51	 
	Section 8.04. Documents to be Given to Trustee

	 	 	51	 
	Section 8.05. Notation on Securities in Respect of Supplemental Indentures

	 	 	51	 
	 
	 	 	 	 
	ARTICLE 9
	 	 	 	 
	Consolidation, Merger, Sale or Conveyance
	 	 	 	 
	 
	 	 	 	 
	Section 9.01. Successor Corporation Substituted

	 	 	51	 
	 
	 	 	 	 
	ARTICLE 10
	 	 	 	 
	Satisfaction and Discharge of Indenture; Unclaimed Monies
	 	 	 	 
	 
	 	 	 	 
	Section 10.01. Satisfaction and Discharge of Indenture

	 	 	52	 
	Section 10.02. Application by Trustee of Funds Deposited for Payment Of Securities

	 	 	55	 
	Section 10.03. Repayment Of Monies Held By Paying Agent

	 	 	55	 
	Section 10.04. Return of Monies Held by Trustee and Paying Agent Unclaimed for Two Years

	 	 	55	 
	Section 10.05. Indemnity for U.S. Government Obligations

	 	 	56	 
	 
	 	 	 	 
	ARTICLE 11
	 	 	 	 
	Miscellaneous Provisions
	 	 	 	 
	 
	 	 	 	 
	Section 11.01. Incorporators, Stockholders, Officers and Directors of Issuer Exempt From Individual Liability

	 	 	56	 
	Section 11.02. Provisions of Indenture for the Sole Benefit of Parties and Holders of Securities and Coupons

	 	 	57	 
	Section 11.03. Successors and Assigns of Issuer Bound by Indenture

	 	 	57	 
	Section 11.04. Notices and Demands on Issuer, Trustee and Holders of Securities and Coupons

	 	 	57	 

iii

 

	 	 	 	 	 
	 	 	Page
	Section 11.05. Officers’ Certificates and Opinions of Counsel; Statements to be Contained Therein

	 	 	58	 
	Section 11.06. Payments Due on Saturdays, Sundays or Holidays

	 	 	59	 
	Section 11.07. Conflict of Any Provision of Indenture With Trust Indenture Act of 1939

	 	 	59	 
	Section 11.08. New York Law to Govern

	 	 	59	 
	Section 11.09. Counterparts

	 	 	60	 
	Section 11.10. Effect of Headings

	 	 	60	 
	Section 11.11. Securities in a Non-U.S. Currency

	 	 	60	 
	Section 11.12. Submission to Jurisdiction

	 	 	60	 
	Section 11.13. Judgment Currency

	 	 	61	 
	 
	 	 	 	 
	ARTICLE 12
	 	 	 	 
	Redemption of Securities and Sinking Funds
	 	 	 	 
	 
	 	 	 	 
	Section 12.01. Applicability of Article

	 	 	62	 
	Section 12.02. Notice of Redemption; Partial Redemptions

	 	 	62	 
	Section 12.03. Payment of Securities Called For Redemption

	 	 	64	 
	Section 12.04. Exclusion of Certain Securities From Eligibility for Selection for Redemption

	 	 	65	 
	Section 12.05. Mandatory and Optional Sinking Funds

	 	 	65	 

iv

 

     THIS [FORM OF] SENIOR INDENTURE, dated as of                                                              , 200___between DEUTSCHE BANK
AKTIENGESELLSCHAFT (the “Issuer”), and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as trustee (the
“Trustee”), and DEUTSCHE BANK TRUST COMPANY
AMERICAS, as Paying Agent, Issuing Agent and Registrar.

W I T N E S S E T H :

     WHEREAS, the Issuer has duly authorized the issue from time to time of its unsecured
debentures, notes or other evidences of indebtedness to be issued in one or more series (the
“Securities”) up to such principal amount or amounts as may from time to time be authorized in
accordance with the terms of this Indenture;

     WHEREAS, the Issuer has duly authorized the execution and delivery of this Indenture to
provide, among other things, for the authentication, delivery and administration of the Securities;
and

     WHEREAS, all things necessary to make this Indenture a valid indenture and agreement according
to its terms have been done;

     NOW, THEREFORE:

     In consideration of the premises and the purchases of the Securities by the holders thereof,
the Issuer and the Trustee mutually covenant and agree for the equal and proportionate benefit of
the respective holders from time to time of the Securities and of the coupons, if any, appertaining
thereto as follows:

ARTICLE 1

Definitions

     Section 1.01. Certain Terms Defined. The following terms (except as otherwise expressly
provided or unless the context otherwise clearly requires) for all purposes of this Indenture and
of any indenture supplemental hereto shall have the respective meanings specified in this Section.
All other terms used in this Indenture that are defined in the Trust Indenture Act of 1939 or the
definitions of which in the Securities Act of 1933 are referred to in the Trust Indenture Act of
1939, including terms defined therein by reference to the Securities Act of 1933 (except as herein
otherwise expressly provided or unless the context otherwise requires), shall have the meanings
assigned to such terms in said Trust Indenture Act and in said Securities Act as in force at the
date of this Indenture. All accounting terms used herein and not expressly defined shall have the
meanings assigned to such terms in accordance with generally accepted accounting principles, and
the term “generally accepted accounting principles” means such

 

 

     accounting principles as are generally accepted with respect to the Issuer at the time of the
computation under the system of accounting employed by the Issuer in its filings with the
Securities Exchange Commission under the Securities Exchange Act of 1934. The words “herein”,
“hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and
not to any particular Article, Section or other subdivision. The terms defined in this Article
have the meanings assigned to them in this Article and include the plural as well as the singular.

     “Agent” means any Registrar, Paying Agent or Issuing Agent.

     “Authenticating Agent” shall have the meaning set forth in Section 6.13.

     “Authorized Agent” shall have the meaning set forth in Section 11.12.

     “Authorized Newspaper” means a newspaper (which, in the case of The City of New York, will, if
practicable, be The Wall Street Journal (Eastern Edition), in the case of the United Kingdom, will,
if practicable, be the Financial Times (London Edition) and, in the case of Luxembourg, will, if
practicable, be the Luxemburger Wört) published in an official language of the country of
publication customarily published at least once a day for at least five days in each calendar week
and of general circulation in The City of New York, the United Kingdom or in Luxembourg, as
applicable. If it shall be impractical in the opinion of the Trustee to make any publication of
any notice required hereby in an Authorized Newspaper, any publication or other notice in lieu
thereof which is made or given with the approval of the Trustee shall constitute a sufficient
publication of such notice.

     “Authorized Signatories” means any two persons acting together authorized by the Issuer, its
articles of association or otherwise under German law to act on behalf of the Issuer.

     “Bearer Security” means any Security other than a Registered Security.

     “Board” means the Management Board (Vorstand) of the Issuer or any committee of such Board
duly authorized to act on its behalf.

     “Board Resolution” means a copy of one or more resolutions duly adopted or consented to by the
Board, or any other evidence of due corporate action under German law in full force and effect and
delivered to the Trustee.

     “Business Day” means, with respect to any Security, a day that in the city (or in any of the
cities, if more than one) in which the Securities are payable, as specified in the form of such
Security, is not a day on which banking institutions

2

 

are authorized or required by law or regulation to close, except as may otherwise be provided
in the form of Securities.

     “Calculation
Agent” has the meaning set forth in Section 6.13.

     “Commission” means the Securities and Exchange Commission, as from time to time constituted,
created under the Securities Exchange Act of 1934, or if at any time after the execution and
delivery of this Indenture such Commission is not existing and performing the duties now assigned
to it under the Trust Indenture Act, then the body performing such duties on such date.

     “Corporate Trust Office” means the office of the Trustee at which the corporate trust business
of the Trustee shall, at any particular time, be principally administered, which office is, at the
date as of which this Indenture is dated, located in the borough of Manhattan, The City of New
York.

     “Coupon” means any interest coupon appertaining to a Security.

     “DBTCA” means Deutsche Bank Trust Company Americas.

     “Depositary” means, with respect to the Securities of any series issuable or issued in the
form of one or more Registered Global Securities, the Person designated as Depositary by the Issuer
pursuant to Section 2.03 until a successor Depositary shall have become such pursuant to the
applicable provisions of this Indenture, and thereafter “Depositary” shall mean or include each
Person who is then a Depositary hereunder, and if at any time there is more than one such Person,
“Depositary” as used with respect to the Securities of any such series shall mean the Depositary
with respect to the Registered Global Securities of that series.

     “Dollar” means the coin or currency of the United States of America as at the time of payment
is legal tender for the payment of public and private debts.

     “Event of Default” means any event or condition specified as such in Section 5.01.

     “Holder”, “Holder of Securities”, “Securityholder” or other similar terms mean (a) in the case
of any Registered Security, the Person in whose name such Security is registered in the security
register kept by the Issuer for that purpose in accordance with the terms hereof, and (b) in the
case of any Bearer Security, the bearer of such Security, or any Coupon appertaining thereto, as
the case may be.

     “Indenture” means this instrument as originally executed and delivered or, as so amended or
supplemented or both, and shall include the forms and terms of particular series of Securities
established as contemplated hereunder.

3

 

     “Interest” means, when used with respect to non-interest bearing Securities, interest payable
after maturity.

     “Issuing Agent” means DBTCA.

     “Issuer” means Deutsche Bank Aktiengesellschaft, a German stock corporation with limited
liability, and, subject to Article Nine, its successors and assigns.

     “Issuer Order” means a written statement, request or order of the Issuer signed in its name by
any two Authorized Signatories of the Issuer.

     “Judgment Currency” shall have the meaning set forth in Section 11.13.

     “New York Banking Day” shall have the meaning set forth in Section 11.13.

     “Non-U.S. Currency” means a currency issued by the government of a country other than the
United States (or any currency unit comprised of any such currencies).

     “Officers’ Certificate” means a certificate (i) signed by any two Authorized Signatories of
the Issuer and (ii) delivered to the Trustee. Each such certificate shall comply with Section 314
of the Trust Indenture Act of 1939 and include the statements provided for in Section 11.05.

     “Opinion of Counsel” means an opinion in writing signed by senior legal counsel of the Issuer
or by such other legal counsel who may be an employee of or counsel to the Issuer and who shall be
satisfactory to the Trustee. Each such opinion shall comply with Section 314 of the Trust
Indenture Act of 1939 and include the statements provided for in Section 11.05.

     “original issue date” of any Security (or portion thereof) means the earlier of (a) the date
of such Security or (b) the date of any Security (or portion thereof) for which such Security was
issued (directly or indirectly) on registration of transfer, exchange or substitution.

     “Original Issue Discount Security” means any Security that provides for an amount less than
the principal amount thereof to be due and payable upon a declaration of acceleration of the
maturity thereof pursuant to Section 5.01.

     “Outstanding” when used with reference to Securities, shall, subject to the provisions of
Section 7.04, mean, as of any particular time, all Securities authenticated and delivered by the
Trustee under this Indenture, except

4

 

     (a) Securities theretofore cancelled by the Trustee or delivered to the Registrar for
cancellation;

     (b) Securities, or portions thereof, for the payment or redemption of which monies or
U.S. Government Obligations (as provided for in Section 10.01) in the necessary amount
shall have been deposited in trust with the Trustee or with any Paying Agent (other than
the Issuer) or shall have been set aside, segregated and held in trust by the Issuer for
the Holders of such Securities (if the Issuer shall act as its own Paying Agent), provided
that if such Securities, or portions thereof, are to be redeemed prior to the maturity
thereof, notice of such redemption shall have been given as herein provided, or provision
satisfactory to the Trustee shall have been made for giving such notice; and

     (c) Securities which shall have been paid or in substitution for which other
Securities shall have been authenticated and delivered pursuant to the terms of Section
2.09 (except with respect to any such Security as to which proof satisfactory to the
Trustee is presented that such Security is held by a person in whose hands such Security
is a legal, valid and binding obligation of the Issuer).

     In determining whether the Holders of the requisite principal amount of Outstanding
Securities of any or all series have given any request, demand, authorization, direction,
notice, consent or waiver hereunder, the principal amount of an Original Issue Discount
Security that shall be deemed to be Outstanding for such purposes shall be the amount of
the principal thereof that would be due and payable as of the date of such determination
upon a declaration of acceleration of the maturity thereof pursuant to Section 5.01.

     “Paying Agent” means DBTCA, with respect to payments to be made in Dollars (or such other
currency as to which DBTCA or its agent has agreed to make payments hereunder), or any person
authorized by the Issuer in accordance with Section 3.04.

     “Periodic Offering” means an offering of Securities of a series from time to time, the
specific terms of which Securities, including, without limitation, the rate or rates of interest,
if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any,
with respect thereto, are to be determined by the Issuer or its agents upon the issuance of such
Securities.

     “Person” means any individual, corporation, partnership, joint venture, association, joint
stock company, trust, unincorporated organization or government or any agency or political
subdivision thereof.

5

 

     “principal” whenever used with reference to the Securities or any Security or any portion
thereof, shall be deemed to include “and premium, if any”.

     “record date” shall have the meaning set forth in Section 2.07.

     “Redemption Notice Period” shall have the meaning set forth in Section 12.02.

     “Registered Global Security”, means a Security evidencing all or a part of a series of
Registered Securities, issued to the Depositary for such series in accordance with Section 2.04,
and bearing the legend prescribed in Section 2.04.

     “Registered Security” means any Security registered on the Security register of the Issuer.

     “Registrar” shall have the meaning set forth in Section 2.08.

     “Required Currency” shall have the meaning set forth in Section 11.13.

     “Responsible Officer” when used with respect to any Person means the chairman of the board of
directors, any vice chairman of the board of directors, the chairman of the trust committee, the
chairman of the executive committee, any vice chairman of the executive committee, the president,
any vice president, (whether or not designated by numbers or words added before or after the title
“vice president”) the cashier, the secretary, the treasurer, any trust officer, any assistant trust
officer, any assistant vice president, any assistant cashier, any assistant secretary, any
assistant treasurer, or any other officer or assistant officer of the Person customarily performing
functions similar to those performed by the persons who at the time shall be such officers,
respectively, or to whom any corporate trust matter is referred because of his knowledge of and
familiarity with the particular subject.

     “Security” or “Securities” has the meaning stated in the first recital of this Indenture, or,
as the case may be, Securities that have been authenticated and delivered under this Indenture.

     “Trust Indenture Act of 1939” means the Trust Indenture Act of 1939, as amended.

     “Trustee” means the Person identified as “Trustee” in the first paragraph hereof and, subject
to the provisions of Article 6, shall also include any successor trustee. “Trustee” shall also
mean or include each Person who is then a trustee hereunder and if at any time there is more than
one such Person, “Trustee” as used with respect to the Securities of any series shall mean the
trustee with respect to the Securities of such series.

6

 

     “U.S. Government Obligations” shall have the meaning set forth in Section 10.01(a).

     “Yield to Maturity” means the yield to maturity on a series of Securities, calculated at the
time of issuance of such series, or, if applicable, at the most recent redetermination of interest
on such series, and calculated in accordance with accepted financial practice.

ARTICLE 2

Securities

     Section 2.01. Forms Generally. The Securities of each series and the Coupons, if any, to be
attached thereto shall be substantially in such form (not inconsistent with this Indenture) as
shall be established by one or more Board Resolutions (as set forth in a Board Resolution) or one
or more Officers’ Certificates detailing such establishment or in one or more indentures
supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and
other variations as are required or permitted by this Indenture and may have imprinted or otherwise
reproduced thereon such legend or legends or endorsements, not inconsistent with the provisions of
this Indenture, as may be required to comply with any law or with any rules or regulations pursuant
thereto, or with any rules of any securities exchange or to conform to general usage, all as may be
determined by the officers executing such Securities and Coupons, if any, as evidenced by their
execution of such Securities and Coupons.

     The definitive Securities and Coupons, if any, shall be printed, lithographed on security
printed paper or may be produced in any other manner, all as determined by the officers executing
such Securities and Coupons, if any, as evidenced by their execution of such Securities and
Coupons, if any.

     Section 2.02. Form of Trustee’s Certificate of Authentication. The Trustee’s certificate of
authentication on all Securities shall be in substantially the following form:

“This is one of the Securities referred to in the
within-mentioned Senior Indenture.

	 	 	 	 	 	 	 
	 	 	
as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By: 	 	 	 	 
	 

	 	 	 

Authorized Officer
	 	 

7

 

     If at any time there shall be an Authenticating Agent appointed with respect to any series of
Securities, then the Trustee’s Certificate of Authentication to be borne by the Securities of each
such series shall be substantially as follows:

“This is one of the Securities referred to in the
within-mentioned Senior Indenture.

	 	 	 	 	 	 	 
	 	 	
as Authenticating Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By: 	 	 	 	 
	 

	 	 	 

Authorized Officer
	 	 

     Section 2.03. Amount Unlimited; Issuable in Series. The aggregate principal amount of
Securities which may be authenticated and delivered under this Indenture is unlimited.

     The Securities may be issued in one or more series and each such series shall rank equally and
pari passu with all other unsecured and unsubordinated debt of the Issuer, save for those preferred
by mandatory provisions of law. There shall be established in one or more Board Resolutions, in
one or more Officers’ Certificates detailing such establishment, or in one or more indentures
supplemental hereto, prior to the initial issuance of Securities of any series,

     (a) the designation of the Securities of the series, which shall distinguish the Securities of
the series from the Securities of all other series;

     (b) any limit upon the aggregate principal amount of the Securities of the series that may be
authenticated and delivered under this Indenture (except for Securities authenticated and delivered
upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series
pursuant to Section 2.08, 2.09, 2.11, 8.05 or 12.03);

     (c) if other than Dollars, the coin or currency in which the Securities of that series are
denominated (including, but not limited to, any Non-U.S. Currency);

     (d) the date or dates on which the principal of the Securities of the series is payable (and
any provisions relating to extending or shortening the date on which the principal of the
Securities is payable);

     (e) the rate or rates at which the Securities of the series shall bear interest, if any, the
date or dates from which such interest shall accrue, on which such interest shall be payable and
(in the case of Registered Securities) on which a

8

 

record shall be taken for the determination of Holders to whom interest is payable and/or the
method by which such rate or rates or date or dates shall be determined;

     (f) the place or places where the principal of and any interest on Securities of the series
shall be payable (if other than as provided in Section 3.02);

     (g) the right, if any, of the Issuer to redeem Securities, in whole or in part, at its option
and the period or periods within which, the price or prices at which and any terms and conditions,
including the Redemption Notice Period, upon which Securities of the series may be so redeemed,
pursuant to any sinking fund or otherwise;

     (h) the obligation, if any, of the Issuer to redeem, purchase or repay Securities of the
series pursuant to any mandatory redemption, sinking fund or analogous provisions or at the option
of a Holder thereof and the price or prices at which and the period or periods within which and any
terms and conditions upon which Securities of the series shall be redeemed, purchased or repaid, in
whole or in part, pursuant to such obligation;

     (i) if other than denominations of $1,000 and any integral multiple thereof in the case of
Registered Securities, or $1,000 and any integral multiple thereof in the case of Bearer
Securities, the denominations in which Securities of the series shall be issuable;

     (j) if other than the principal amount thereof, the portion of the principal amount of
Securities of the series which shall be payable upon declaration of acceleration of the maturity
thereof;

     (k) if other than the coin or currency in which the Securities of that series are denominated,
the coin or currency in which payment of the principal of or interest on the Securities of such
series shall be payable;

     (l) if the principal of or interest on the Securities of such series are to be payable, at the
election of the Issuer or a Holder thereof, in a coin or currency other than that in which the
Securities are denominated, the period or periods within which, and the terms and conditions upon
which, such election may be made;

     (m) if the amount of payments of principal of and interest on the Securities of the series may
be determined with reference to any currencies, commodities or securities of the Issuer or of other
entities, a basket or baskets of those currencies, commodities or securities, or an index or
indices of those currencies, commodities or securities, or interest rates, or intangibles,
articles, or goods, or any other financial or economic or other measure or instrument,

9

 

including the occurrence or non-occurrence of any event or circumstance, the manner in which
such amounts shall be determined;

     (n) if the Holders of the Securities of the series may convert or exchange the Securities of
the series into or for securities of the Issuer or of other entities or other property (or the cash
value thereof), the specific terms of and period during which such conversion or exchange may be
made;

     (o) whether the Securities of the series will be issuable as Registered Securities (and if so,
whether such Securities will be issuable as Registered Global Securities) or Bearer Securities
(with or without Coupons), or any combination of the foregoing, any restrictions applicable to the
offer, sale, transfer, exchange or delivery of Bearer Securities or Registered Securities or the
payment of interest thereon and, if other than as provided in Section 2.08, the terms upon which
Bearer Securities of any series may be exchanged for Registered Securities of such series and vice
versa;

     (p) whether and under what circumstances the Issuer will pay additional amounts on the
Securities of the series held by a Person who is not a U.S. Person in respect of any tax,
assessment or governmental charge withheld or deducted and, if so, whether the Issuer will have the
option to redeem such Securities rather than pay such additional amounts;

     (q) if the Securities of such series are to be issuable in definitive form (whether upon
original issue or upon exchange of a temporary Security of such series) only upon receipt of
certain certificates or other documents or satisfaction of other conditions, the form and terms of
such certificates, documents or conditions;

     (r) any trustees, depositaries, authenticating or Paying Agents, transfer agents or registrars
or any other agents with respect to the Securities of such series;

     (s) any other events of default or covenants with respect to the Securities of such series;
and

     (t) any other terms of the series.

     All Securities of any one series and Coupons, if any, appertaining thereto, shall be
substantially identical, except in the case of Registered Securities as to denomination and except
as may otherwise be provided by the Board Resolution or Officers’ Certificate referred to above or
as set forth in any such indenture supplemental hereto. All Securities of any one series need not
be issued at the same time and may be issued from time to time, consistent with the terms of this

10

 

Indenture, if so provided by such Board Resolution, such Officers’ Certificate or in any such
indenture supplemental hereto.

     Section 2.04. Authentication and Delivery of Securities. The Issuer may deliver Securities
of any series having attached thereto appropriate Coupons, if any, executed by the Issuer to the
Trustee for authentication together with the applicable documents referred to below in this
Section, and the Trustee shall thereupon authenticate and deliver such Securities to or upon an
Issuer Order with respect to those Securities or pursuant to such procedures acceptable to the
Trustee and to such recipients as may be specified from time to time by an Issuer Order. If
provided for in such procedures, the authorization of the authentication and delivery of any
Securities may be given pursuant to oral instructions from the Issuer or its duly authorized agent,
which instructions shall be promptly confirmed in writing. In authenticating such Securities and
accepting the additional responsibilities under this Indenture in relation to such Securities, the
Trustee shall be entitled to receive (in the case of subparagraphs 2.04(b), 2.04(c) and 2.04(d)
below only at or before the time of the first request of the Issuer to the Trustee to authenticate
Securities of such series) and (subject to Section 6.01) shall be fully protected in relying upon,
unless and until such documents have been superseded or revoked:

     (a) an Issuer Order requesting such authentication and setting forth delivery instructions if
the Securities and Coupons, if any, are not to be delivered to the Issuer, provided that, with
respect to Securities of a series subject to a Periodic Offering, (i) such Issuer Order may be
delivered by the Issuer to the Trustee prior to the delivery to the Trustee of such Securities for
authentication and delivery, (ii) the Trustee shall authenticate and deliver Securities of such
series for original issue from time to time, in an aggregate principal amount not exceeding the
aggregate principal amount established for such series, pursuant to an Issuer Order or pursuant to
procedures acceptable to the Trustee as may be specified from time to time by an Issuer Order,
(iii) the maturity date or dates, original issue date or dates, interest rate or rates and any
other terms of Securities of such series (including Redemption Notice Periods) shall be determined
by an Issuer Order or pursuant to such procedures and (iv) if provided for in such procedures, such
Issuer Order may authorize authentication and delivery pursuant to oral or electronic instructions
from the Issuer or its duly authorized agent or agents, which oral instructions shall be promptly
confirmed in writing;

     (b) any Board Resolution, Officers’ Certificate and/or executed supplemental indenture
referred to in Sections 2.01 and 2.03 by or pursuant to which the forms and terms of the Securities
and Coupons, if any, were established;

     (c) an Officers’ Certificate setting forth the form or forms and terms of the Securities and
Coupons, if any, stating that the form or forms and terms of the

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Securities and Coupons, if any, have been established pursuant to Sections 2.01 and 2.03 and
comply with this Indenture, and covering such other matters as the Trustee may reasonably request;
and

     (d) at the option of the Issuer, either an Opinion of Counsel, or a letter addressed to the
Trustee permitting it to rely on an Opinion of Counsel, substantially to the effect that:

     (i) the forms of the Securities and Coupons, if any, have been duly authorized and
established in conformity with the provisions of this Indenture;

     (ii) the terms of the Securities have been, or will be when established in accordance
with such procedures as shall be referred to herein, duly authorized by the Issuer and
established in conformity with the provisions of this Indenture;

     (iii) when the Securities and Coupons, if any, have been executed by the Issuer and
authenticated by the Trustee in accordance with the provisions of this Indenture and
delivered to and duly paid for by the purchasers thereof, they will have been duly issued
under this Indenture and will be valid and binding obligations of the Issuer, enforceable
in accordance with their respective terms, and will be entitled to the benefits of this
Indenture; and

     (iv) the execution and delivery by the Issuer of, and the performance by the Issuer
of its obligations under, the Securities and Coupons, if any, will not contravene any
provision of applicable law or the articles of association of the Issuer or any agreement
or other instrument binding upon the Issuer or any of its consolidated subsidiaries that
is material to the Issuer and its subsidiaries, taken as a whole, or, to the best of such
counsel’s knowledge, any judgment, order or decree of any U.S. governmental body, agency
or court having jurisdiction over the Issuer or any of its consolidated subsidiaries, and
no consent, approval or authorization of any U.S. governmental body or agency is required
for the performance by the Issuer of its obligations under the Securities and Coupons, if
any, except such as are specified and have been obtained and such as may be required by
the securities or blue sky laws of the various states in connection with the offer and
sale of the Securities and Coupons, if any.

     In rendering such opinions, such counsel may make such exceptions and qualifications as are
reasonably acceptable to the Trustee, in particular, such counsel may qualify any opinions as to
enforceability by stating that such enforceability may be limited by bankruptcy, insolvency,
reorganization,

12

 

liquidation, moratorium and other similar laws affecting the rights and remedies of creditors
and is subject to general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law). Such counsel may rely, as to all matters governed
by the laws of jurisdictions other than the State of New York and the federal law of the United
States, upon opinions of other counsel (copies of which shall be delivered to the Trustee), who
shall be counsel reasonably satisfactory to the Trustee, in which case the opinion shall state that
such counsel believes he and the Trustee are entitled so to rely. Such counsel may also state
that, insofar as such opinion involves factual matters, he has relied, to the extent he deems
proper, upon certificates of officers of the Issuer and its subsidiaries and certificates of public
officials.

     The Trustee shall have the right to decline to authenticate and deliver any Securities under
this Section if the Trustee, being advised by counsel, determines that such action may not lawfully
be taken by the Issuer or if the Trustee in good faith by its board of directors or board of
trustees, executive committee, or a trust committee of directors or trustees or Responsible
Officers shall determine that such action would expose the Trustee to personal liability to
existing Holders or would affect the Trustee’s own rights, duties or immunities under the
Securities, this Indenture or otherwise.

     If the Issuer shall establish pursuant to Section 2.03 that the Securities of a series are to
be issued in the form of one or more Registered Global Securities, then the Issuer shall execute
and the Trustee shall, in accordance with this Section and the Issuer Order with respect to such
series, authenticate and deliver one or more Registered Global Securities that (i) shall represent
and shall be denominated in an amount equal to the aggregate principal amount of all of the
Securities of such series issued and not yet cancelled, (ii) shall be registered in the name of the
Depositary for such Registered Global Security or Securities or the nominee of such Depositary,
(iii) shall be delivered by the Trustee, as custodian for the Depositary or pursuant to such Depositary’s
instructions and (iv) shall bear a legend substantially to the following effect: “Unless and until
it is exchanged in whole or in part for Securities in definitive registered form, this Security may
not be transferred except as a whole by the Depositary to the 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.”

     Each Depositary designated pursuant to Section 2.03 must, at the time of its designation and
at all times while it serves as Depositary, be a clearing agency registered under the Securities
Exchange Act of 1934 and any other applicable statute or regulation.

     Section 2.05. Execution of Securities. The Securities and, if applicable, each Coupon
appertaining thereto shall be signed on behalf of the Issuer by any

13

 

two Authorized Signatories of the Issuer authorized to execute Securities or, if applicable,
Coupons, which Securities or Coupons may, but need not, be attested. Such signatures may be the
manual or facsimile signatures of the present or any future such officers. Minor errors or defects
in any such reproduction of any such signature shall not affect the validity or enforceability of
any Security that has been duly authenticated and delivered by the Trustee.

     In case any officer of the Issuer who shall have signed any of the Securities or Coupons, if
any, pursuant to his or her authorization to do so, shall cease to be such officer, or such
authorization shall be withdrawn, before the Security or Coupon so signed (or the Security to which
the Coupon so signed appertains) shall be authenticated and delivered by the Trustee or disposed of
by the Issuer, such Security or Coupon nevertheless may be authenticated and delivered or disposed
of as though the person who signed such Security or Coupon had not ceased to be such officer or the
authorization to sign such Security or Coupon had not been withdrawn; and any Security or Coupon
may be signed on behalf of the Issuer by any two persons as, at the actual date of the execution of
such Security or Coupon, shall be authorized by the Issuer to do so, although at the date of the
execution and delivery of this Indenture any such person was not so authorized.

     Section 2.06. Certificate of Authentication. Only such Securities as shall bear thereon a
certificate of authentication substantially in the form hereinbefore recited, executed by the
Trustee by the manual signature of one of its authorized officers, shall be entitled to the
benefits of this Indenture or be valid or obligatory for any purpose. No Coupon shall be entitled
to the benefits of this Indenture or shall be valid and obligatory for any purpose until the
certificate of authentication on the Security to which such Coupon appertains shall have been duly
executed by the Trustee. The execution of such certificate by the Trustee upon any Security
executed by the Issuer shall be conclusive evidence that the Security so authenticated has been
duly authenticated and delivered hereunder and that the Holder is entitled to the benefits of this
Indenture.

     Section 2.07. Denomination and Date of Securities; Payments of Interest. The Securities of
each series shall be issuable as Registered Securities or Bearer Securities in denominations
established as contemplated by Section 2.03 or, with respect to the Registered Securities of any
series, if not so established, in denominations of $1,000 and any integral multiple thereof. If
denominations of Bearer Securities of any series are not so established, such Securities shall be
issuable in denominations of $1,000 and any integral multiple thereof. The Securities of each
series shall be numbered, lettered or otherwise distinguished in such manner or in accordance with
such plan as the officers of the Issuer executing the same may determine with the approval of the
Trustee, as evidenced by the execution and authentication thereof.

14

 

     Each Registered Security shall be dated the date of its authentication. Each Bearer Security
shall be dated as provided in the Board Resolutions or Officer’s Certificate of the Issuer referred
to in Section 2.03. The Securities of each series shall bear interest, if any, from the date, and
such interest shall be payable on the dates, established as contemplated by Section 2.03.

     The Person in whose name any Registered Security of any series is registered at the close of
business on any record date applicable to a particular series with respect to any interest payment
date for such series shall be entitled to receive the interest, if any, payable on such interest
payment date notwithstanding any transfer or exchange of such Registered Security subsequent to the
record date and prior to such interest payment date, except if and to the extent the Issuer shall
default in the payment of the interest due on such interest payment date for such series, in which
case such defaulted interest shall be paid to the Persons in whose names Outstanding Registered
Securities for such series are registered at the close of business on a subsequent record date
(which shall be not less than five Business Days prior to the date of payment of such defaulted
interest) established by notice given by mail by or on behalf of the Issuer to the Holders of
Registered Securities not less than 15 days preceding such subsequent record date. The term
“record date” as used with respect to any interest payment date (except a date for payment of
defaulted interest) for the Securities of any series shall mean the date specified as such in the
terms of the Registered Securities of such series established as contemplated by Section 2.03, or,
if no such date is so established, if such interest payment date is the first day of a calendar
month, the fifteenth day of the immediately preceding calendar month or, if such interest payment
date is the fifteenth day of a calendar month, the first day of such calendar month, whether or not
such record date is a Business Day.

     Section 2.08. Registration, Transfer and Exchange. The Issuer will keep at each office or
agency to be maintained for the purpose as provided in Section 3.02 for each series of Securities a
register or registers in which, subject to such reasonable regulations as it may prescribe, it will
provide for the registration of Registered Securities of such series and the registration of
transfer of Registered Securities of such series. The Issuer hereby appoints DBTCA as the
registrar for the purpose of registering the Registered Securities and transfers of such Registered
Securities in the register as provided herein (“Registrar”). Such register shall be in written
form in the English language or in any other form capable of being converted into such form within
a reasonable time. At all reasonable times such register or registers shall be open for inspection
by the Trustee.

     Upon due presentation for registration of transfer of any Registered Security of any series at
any such office or agency to be maintained for the purpose as provided in Section 3.02, the Issuer
shall execute and the Trustee shall authenticate and deliver in the name of the transferee or
transferees a new

15

 

Registered Security or Registered Securities of the same series, maturity date, interest rate
and original issue date in authorized denominations for a like aggregate principal amount.

     Bearer Securities (except for any temporary global Bearer Securities) and Coupons (except for
Coupons attached to any temporary global Bearer Securities) shall be transferable by delivery.

     At the option of the Holder thereof, Registered Securities of any series (other than a
Registered Global Security, except as set forth below) may be exchanged for a Registered Security
or Registered Securities of such series having authorized denominations and an equal aggregate
principal amount, upon surrender of such Registered Securities to be exchanged at the agency of the
Issuer that shall be maintained for such purpose in accordance with Section 3.02 and upon payment,
if the Issuer shall so require, of the charges hereinafter provided. If the Securities of any
series are issued in both registered and unregistered form, except as otherwise specified pursuant
to Section 2.03, at the option of the Holder thereof, Bearer Securities of any series may be
exchanged for Registered Securities of such series having authorized denominations and an equal
aggregate principal amount, upon surrender of such Bearer Securities to be exchanged at the agency
of the Issuer that shall be maintained for such purpose in accordance with Section 3.02, with, in
the case of Bearer Securities that have Coupons attached, all unmatured Coupons and all matured
Coupons in default thereto appertaining, and upon payment, if the Issuer shall so require, of the
charges hereinafter provided. At the option of the Holder thereof, if Bearer Securities of any
series, maturity date, interest rate and original issue date are issued in more than one authorized
denomination, except as otherwise specified pursuant to Section 2.03, such Bearer Securities may be
exchanged for Bearer Securities of such series having authorized denominations and an equal
aggregate principal amount, upon surrender of such Bearer Securities to be exchanged at the agency
of the Issuer that shall be maintained for such purpose in accordance with Section 3.02 or as
specified pursuant to Section 2.03, with, in the case of Bearer Securities that have Coupons
attached, all unmatured Coupons and all matured Coupons in default thereto appertaining, and upon
payment, if the Issuer shall so require, of the charges hereinafter provided. Unless otherwise
specified pursuant to Section 2.03, Registered Securities of any series may not be exchanged for
Bearer Securities of such series. Whenever any Securities are so surrendered for exchange, the
Issuer shall execute, and the Trustee shall authenticate and deliver, the Securities which the
Holder making the exchange is entitled to receive. All Securities and Coupons surrendered upon any
exchange or transfer provided for in this Indenture shall be promptly cancelled and disposed of by
the Trustee and the Trustee will deliver a certificate of disposition thereof to the Issuer.

     All Registered Securities presented for registration of transfer, exchange, redemption or
payment shall (if so required by the Issuer or the Trustee) be duly

16

 

endorsed by, or be accompanied by a written instrument or instruments of transfer in form
satisfactory to the Issuer and the Trustee duly executed by the Holder or his attorney duly
authorized in writing.

     The Issuer may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection with any exchange or registration of transfer of
Securities. No service charge shall be made for any such transaction.

     The Issuer shall not be required to exchange or register a transfer of (a) any Securities of
any series for a period of 15 days immediately preceding the first mailing of notice of redemption
of Securities of such series to be redeemed or (b) any Securities selected, called or being called
for redemption, in whole or in part, except, in the case of any Security to be redeemed in part,
the portion thereof not so to be redeemed or (c) any Securities if the Holder thereof has exercised
any right to require the Issuer to repurchase such Securities, in whole or in part, except, in the
case of any Security to be repurchased in part, the portion thereof not so to be repurchased.

     Notwithstanding any other provision of this Section 2.08, unless and until it is exchanged in
whole or in part for Securities in definitive registered form, a Registered Global Security
representing all or a portion of the Securities of a series may not be transferred except as a
whole by the Depositary for such series to a nominee of such Depositary or by a nominee of such
Depositary to such Depositary or another nominee of such Depositary or by such Depositary or any
such nominee to a successor Depositary for such series or a nominee of such successor Depositary.

     If at any time the Depositary for any Registered Securities of a series represented by one or
more Registered Global Securities notifies the Issuer that it is unwilling or unable to continue as
Depositary for such Registered Securities or if at any time the Depositary for such Registered
Securities shall no longer be eligible under Section 2.04, the Issuer shall appoint a successor
Depositary eligible under Section 2.04 with respect to such Registered Securities. If a successor
Depositary eligible under Section 2.04 for such Registered Securities is not appointed by the
Issuer within 90 days after the Issuer receives such notice or becomes aware of such ineligibility,
the Issuer’s election pursuant to Section 2.03 that such Registered Securities be represented by
one or more Registered Global Securities shall no longer be effective and the Issuer will execute,
and the Trustee, upon receipt of an Officers’ Certificate for the authentication and delivery of
definitive Securities of such series, will authenticate and deliver, Securities of such series in
definitive registered form without coupons, in any authorized denominations, in an aggregate
principal amount equal to the principal amount of the Registered Global Security or Securities
representing such Registered Securities in exchange for such Registered Global Security or
Securities.

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     The Issuer may at any time and in its sole discretion determine that the Registered
Securities of any series issued in the form of one or more Registered Global Securities shall no
longer be represented by a Registered Global Security or Securities. In such event the Issuer will
execute, and the Trustee, upon receipt of an Officers’ Certificate for the authentication and
delivery of definitive Securities of such series, will authenticate and deliver, Securities of such
series in definitive registered form without coupons, in any authorized denominations, in an
aggregate principal amount equal to the principal amount of the Registered Global Security or
Securities representing such Registered Securities, in exchange for such Registered Global Security
or Securities.

     If specified by the Issuer pursuant to Section 2.03 with respect to Securities represented by
a Registered Global Security, the Depositary for such Registered Global Security may surrender such
Registered Global Security in exchange in whole or in part for Securities of the same series in
definitive registered form on such terms as are acceptable to the Issuer and such Depositary.
Thereupon, the Issuer shall execute, and the Trustee shall authenticate and deliver, without
service charge,

     (i) to the Person specified by such Depositary a new Registered Security or
Securities of the same series, of any authorized denominations as requested by such
Person, in an aggregate principal amount equal to and in exchange for such Person’s
beneficial interest in the Registered Global Security; and

     (ii) to such Depositary a new Registered Global Security in a denomination equal to
the difference, if any, between the principal amount of the surrendered Registered Global
Security and the aggregate principal amount of Registered Securities authenticated and
delivered pursuant to clause (i) above.

     Upon the exchange of a Registered Global Security for Securities in definitive registered form
without coupons, in authorized denominations, such Registered Global Security shall be cancelled by
the Trustee or an agent of the Issuer or the Trustee. Securities in definitive registered form
without coupons issued in exchange for a Registered Global Security pursuant to this Section 2.08
shall be registered in such nominee names and in such authorized denominations as the Depositary
for such Registered Global Security, pursuant to instructions from its direct or indirect
participants or otherwise, shall instruct the Trustee or an agent of the Issuer or the Trustee.
The Trustee or such agent shall deliver such Securities to or as directed by the Persons in whose
names such Securities are so registered.

     All Securities issued upon any transfer or exchange of Securities shall be valid obligations
of the Issuer, evidencing the same debt, and entitled to the same

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benefits under this Indenture, as the Securities surrendered upon such transfer or exchange.

     Notwithstanding anything herein or in the terms of any series of Securities to the contrary,
none of the Issuer, the Trustee or any agent of the Issuer or the Trustee (any of which, other than
the Issuer, shall rely on an Officers’ Certificate and an Opinion of Counsel) shall be required to
exchange any Bearer Security for a Registered Security if such exchange would result in adverse
Federal income tax consequences to the Issuer (such as, for example, the inability of the Issuer to
deduct from its income, as computed for Federal income tax purposes, the interest payable on the
Bearer Securities) under then applicable United States Federal income tax laws.

     Section 2.09. Mutilated, Defaced, Destroyed, Lost and Stolen Securities. In case any
temporary or definitive Security or any Coupon appertaining to any Security shall become mutilated,
defaced or be destroyed, lost or stolen, the Issuer in its discretion may execute, and upon the
written request of any officer of the Issuer, the Trustee shall authenticate and deliver a new
Security of the same series, maturity date, interest rate and original issue date, bearing a number
or other distinguishing symbol not contemporaneously outstanding, in exchange and substitution for
the mutilated or defaced Security, or in lieu of and in substitution for the Security so destroyed,
lost or stolen with Coupons corresponding to the Coupons appertaining to the Securities so
mutilated, defaced, destroyed, lost or stolen, or in exchange or substitution for the Security to
which such mutilated, defaced, destroyed, lost or stolen Coupon appertained, with Coupons
appertaining thereto corresponding to the Coupons so mutilated, defaced, destroyed, lost or stolen.
In every case the applicant for a substitute Security or Coupon shall furnish to the Issuer and to
the Trustee and any agent of the Issuer or the Trustee such security or indemnity as may be
required by them to indemnify and defend and to save each of them harmless and, in every case of
destruction, loss or theft, evidence to their satisfaction of the destruction, loss or theft of
such Security or Coupon and of the ownership thereof and in the case of mutilation or defacement
shall surrender the Security and related Coupons to the Trustee or such agent.

     Upon the issuance of any substitute Security or Coupon, the Issuer may require the payment of
a sum sufficient to cover any tax or other governmental charge that may be imposed in relation
thereto and any other expenses (including the fees and expenses of the Trustee or its agent)
connected therewith. In case any Security or Coupon which has matured or is about to mature or has
been called for redemption in full shall become mutilated or defaced or be destroyed, lost or
stolen, the Issuer may instead of issuing a substitute Security, pay or authorize the payment of
the same or the relevant Coupon (without surrender thereof except in the case of a mutilated or
defaced Security or Coupon), if the applicant for such payment shall furnish to the Issuer and to
the Trustee and any agent of the Issuer or the Trustee such security or indemnity as any of them
may

19

 

require to save each of them harmless, and, in every case of destruction, loss or theft, the
applicant shall also furnish to the Issuer and the Trustee and any agent of the Issuer or the
Trustee evidence to their satisfaction of the destruction, loss or theft of such Security or Coupon
and of the ownership thereof.

     Every substitute Security or Coupon of any series issued pursuant to the provisions of this
Section by virtue of the fact that any such Security or Coupon is destroyed, lost or stolen shall
constitute an additional contractual obligation of the Issuer, whether or not the destroyed, lost
or stolen Security or Coupon shall be at any time enforceable by anyone and shall be entitled to
all the benefits of (but shall be subject to all the limitations of rights set forth in) this
Indenture equally and proportionately with any and all other Securities or Coupons of such series
duly authenticated and delivered hereunder. All Securities and Coupons shall be held and owned
upon the express condition that, to the extent permitted by law, the foregoing provisions are
exclusive with respect to the replacement or payment of mutilated, defaced or destroyed, lost or
stolen Securities and Coupons and shall preclude any and all other rights or remedies
notwithstanding any law or statute existing or hereafter enacted to the contrary with respect to
the replacement or payment of negotiable instruments or other securities without their surrender.

     Section 2.10. Cancellation of Securities; Disposition Thereof. All Securities and Coupons
surrendered for payment, redemption, registration of transfer or exchange, or for credit against
any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of
the Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or its
agent for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no
Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the
provisions of this Indenture. The Trustee or its agent shall dispose of cancelled Securities and
Coupons held by it and deliver a certificate of disposition to the Issuer. If the Issuer or its
agent shall acquire any of the Securities or Coupons, such acquisition shall not operate as a
redemption or satisfaction of the indebtedness represented by such Securities or Coupons unless and
until the same are delivered to the Trustee or its agent for cancellation.

     Section 2.11. Temporary Securities. Pending the preparation of definitive Securities for any
series, the Issuer may execute and the Trustee shall authenticate and deliver temporary Securities
for such series (printed, lithographed, typewritten or otherwise reproduced, in each case in form
satisfactory to the Trustee). Temporary Securities of any series shall be issuable as Registered
Securities without Coupons, or as Bearer Securities with or without Coupons attached thereto, of
any authorized denomination, and substantially in the form of the definitive Securities of such
series but with such omissions, insertions and variations as may be appropriate for temporary
Securities, all as may be determined by the Issuer with the concurrence of the Trustee as evidenced
by the execution and authentication thereof. Temporary Securities may contain such

20

 

references to any provisions of this Indenture as may be appropriate. Every temporary
Security shall be executed by the Issuer and be authenticated by the Trustee upon the same
conditions and in substantially the same manner, and with like effect, as the definitive
Securities. Without unreasonable delay the Issuer shall execute and shall furnish definitive
Securities of such series and thereupon temporary Registered Securities of such series may be
surrendered in exchange therefor without charge at each office or agency to be maintained by the
Issuer for that purpose pursuant to Section 3.02 and, in the case of Bearer Securities, at any
agency maintained by the Issuer for such purpose as specified pursuant to Section 2.03, and the
Trustee shall authenticate and deliver in exchange for such temporary Securities of such series an
equal aggregate principal amount of definitive Securities of the same series having authorized
denominations and, in the case of Bearer Securities, having attached thereto any appropriate
Coupons. Until so exchanged, the temporary Securities of any series shall be entitled to the same
benefits under this Indenture as definitive Securities of such series, unless otherwise established
pursuant to Section 2.03. The provisions of this Section are subject to any restrictions or
limitations on the issue and delivery of temporary Bearer Securities of any series that may be
established pursuant to Section 2.03 (including any provision that Bearer Securities of such series
initially be issued in the form of a single global Bearer Security to be delivered to a depositary
or agency located outside the United States and the procedures pursuant to which definitive or
global Bearer Securities of such series would be issued in exchange for such temporary global
Bearer Security).

ARTICLE 3

Covenants Of The Issuer

     Section 3.01. Payment of Principal and Interest. The Issuer covenants and agrees for the
benefit of each series of Securities that it will duly and punctually pay or cause to be paid the
principal of, and interest on, each of the Securities of such series (together with any additional
amounts payable pursuant to the terms of such Securities) at the place or places, at the respective
times and in the manner provided in such Securities and in the Coupons, if any, appertaining
thereto and in this Indenture. The interest on Securities with Coupons attached (together with any
additional amounts payable pursuant to the terms of such Securities) shall be payable only upon
presentation and surrender of the several Coupons for such interest installments as are evidenced
thereby as they severally mature. If any temporary Bearer Security provides that interest thereon
may be paid while such Security is in temporary form, the interest on any such temporary Bearer
Security (together with any additional amounts payable pursuant to the terms of such Security)
shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any,
only upon presentation and surrender thereof, and, as to the other installments of interest, if
any, only upon presentation of such

21

 

Securities for notation thereon of the payment of such interest, in each case subject to any
restrictions that may be established pursuant to Section 2.03. The interest on Registered
Securities (together with any additional amounts payable pursuant to the terms of such Securities)
shall be payable only to or upon the written order of the Holders thereof and, at the option of the
Issuer, may be paid by wire transfer or by mailing checks for such interest payable to or upon the
written order of such Holders at their last addresses as they appear on the registry books of the
Issuer.

     Section 3.02. Offices for Payments, Etc. So long as any Registered Securities are authorized
for issuance pursuant to this Indenture or are outstanding hereunder, the Issuer will maintain in
the Borough of Manhattan, The City of New York, an office or agency where the Registered Securities
of each series may be presented for payment, where the Securities of each series may be presented
for exchange as is provided in this Indenture and, if applicable, pursuant to Section 2.03 and
where the Registered Securities of each series may be presented for registration of transfer as in
this Indenture provided.

     The Issuer will maintain one or more offices or agencies in a city or cities located outside
the United States (including any city in which such an agency is required to be maintained under
the rules of any stock exchange on which the Securities of such series are listed) where the Bearer
Securities, if any, of each series and Coupons, if any, appertaining thereto may be presented for
payment. No payment on any Bearer Security or Coupon will be made upon presentation of such Bearer
Security or Coupon at an agency of the Issuer within the United States nor will any payment be made
by transfer to an account in, or by mail to an address in, the United States unless pursuant to
applicable United States laws and regulations then in effect such payment can be made without
adverse tax consequences to the Issuer. Notwithstanding the foregoing, payments in Dollars of
Bearer Securities of any series and Coupons appertaining thereto which are payable in Dollars may
be made at an agency of the Issuer maintained in the Borough of Manhattan, The City of New York if
such payment in Dollars at each agency maintained by the Issuer outside the United States for
payment on such Bearer Securities is illegal or effectively precluded by exchange controls or other
similar restrictions.

     The Issuer will maintain in the Borough of Manhattan, The City of New York, an office or
agency where notices and demands to or upon the Issuer in respect of the Securities of any series,
the Coupons appertaining thereto or this Indenture may be served.

     The Issuer will give to the Trustee written notice of the location of each such office or
agency and of any change of location thereof. In case the Issuer shall fail to maintain any agency
required by this Section to be located in the Borough of Manhattan, The City of New York, or shall
fail to give such notice of

22

 

the location or of any change in the location of any of the above agencies, presentations and
demands may be made and notices may be served at the Corporate Trust Office of the Trustee.

     The Issuer may from time to time designate one or more additional offices or agencies where
the Securities of a series and any Coupons appertaining thereto may be presented for payment, where
the Securities of that series may be presented for exchange as provided in this Indenture and
pursuant to Section 2.03 and where the Registered Securities of that series may be presented for
registration of transfer as in this Indenture provided, and the Issuer may from time to time
rescind any such designation, as the Issuer may deem desirable or expedient; provided, however,
that no such designation or rescission shall in any manner relieve the Issuer of its obligation to
maintain the agencies provided for in this Section. The Issuer will give to the Trustee prompt
written notice of any such designation or rescission thereof.

     Section 3.03. Appointment to Fill a Vacancy in Office of Trustee. The Issuer, whenever
necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided
in Section 6.10, a Trustee, so that there shall at all times be a Trustee with respect to each
series of Securities hereunder.

     Section 3.04. Paying Agents. Whenever the Issuer shall appoint a Paying Agent other than the
Trustee or DBTCA in its capacity as Paying Agent hereunder with respect to the Securities of any series (the “Paying Agent”), it will cause such
Paying Agent to execute and deliver to the Trustee an instrument in which such agent shall agree
with the Trustee, subject to the provisions of this Section,

     (a) that it will hold all sums received by it as such agent for the payment of the principal
of or interest on the Securities of such series (whether such sums have been paid to it by the
Issuer or by any other obligor on the Securities of such series) in trust for the benefit of the
Holders of the Securities of such series, or Coupons appertaining thereto, if any, or of the
Trustee,

     (b) that it will give the Trustee notice of any failure by the Issuer (or by any other obligor
on the Securities of such series) to make any payment of the principal of or interest on the
Securities of such series when the same shall be due and payable, and

     (c) that it will pay any such sums so held in trust by it to the Trustee upon the Trustee’s
written request at any time during the continuance of the failure referred to in clause 3.04(b)
above.

     The
Issuer will, on or prior to 10 A.M. New York City time on each due date of the principal of or interest on the
Securities of such series, deposit with the Paying Agent a sum sufficient to pay such principal or
interest so becoming due, and (unless such Paying Agent is

23

 

the Trustee) the Issuer will promptly notify the Trustee of any failure to take such action.

     If the Issuer shall act as its own Paying Agent with respect to the Securities of any series,
it will, on or before each due date of the principal of or interest on the Securities of such
series, set aside, segregate and hold in trust for the benefit of the Holders of the Securities of
such series or the Coupons appertaining thereto a sum sufficient to pay such principal or interest
so becoming due. The Issuer will promptly notify the Trustee of any failure to take such action.

     Anything in this Section to the contrary notwithstanding, but subject to Section 10.01, the
Issuer may at any time, for the purpose of obtaining a satisfaction and discharge with respect to
one or more or all series of Securities hereunder, or for any other reason, pay or cause to be paid
to the Trustee all sums held in trust for any such series by the Issuer or any Paying Agent
hereunder, as required by this Section, such sums to be held by the Trustee upon the trusts herein
contained.

     The Issuer hereby appoints DBTCA to act as the initial Paying Agent with respect to the
Securities.

     Anything in this Section to the contrary notwithstanding, the agreement to hold sums in trust
as provided in this Section is subject to the provisions of Sections 10.03 and 10.04.

     Section 3.05. Written Statement to Trustee. The Issuer will furnish to the Trustee on or
before March 31 in each year (beginning with March 31, ___) a brief certificate that complies with
the requirements of the Trust Indenture Act of 1939 (which need not comply with Section 11.05) from
the principal executive, financial or accounting officer of the Issuer stating that in the course
of the performance by the signer of his duties as an officer of the Issuer he would normally have
knowledge of any default or non-compliance by the Issuer in the performance of any covenants or
conditions contained in this Indenture, stating whether or not he has knowledge of any such default
or non-compliance and, if so, specifying each such default or non-compliance of which the signer
has knowledge and the nature thereof.

     Section 3.06. Luxembourg Publications. In the event of the publication of any notice
pursuant to Section 5.11, 6.10(a), 6.11, 8.02, 10.04, 12.02 or 12.05, the Issuer making such
publication in the Borough of Manhattan, The City of New York and London shall also, to the extent
that notice is required to be given to Holders of Securities of any series by applicable Luxembourg
law or stock exchange regulation, as evidenced by an Officers’ Certificate delivered to such party,
make a similar publication in Luxembourg.

24

 

ARTICLE 4

Securityholders Lists and Reports by the Issuer and the Trustee

     Section 4.01. Issuer to Furnish Trustee Information as to Names and Addresses of
Securityholders. If and so long as the Trustee shall not be the Security registrar for the
Securities of any series, the Issuer will furnish or cause to be furnished to the Trustee, upon the
Trustee’s request, a list in such form as the Trustee may reasonably require of the names and
addresses of the Holders of the Registered Securities of such series pursuant to Section 312 of the
Trust Indenture Act of 1939:

     (a) semi-annually not more than 15 days after each record date for the payment of interest on
such Registered Securities, as hereinabove specified, as of such record date and on dates to be
determined pursuant to Section 2.03 for non-interest bearing Registered Securities in each year,
and

     (b) at such other times as the Trustee may request in writing, within 30 days after receipt by
the Issuer of any such request as of a date not more than 15 days prior to the time such
information is furnished.

     Section 4.02. Preservation and Disclosure of Securityholders Lists.

     (a) DBTCA shall preserve, in as current a form as is reasonably practicable, all information
as to the names and addresses of the holders of each series of Securities contained in the most
recent list furnished to it as provided in Section 4.01. The Trustee may destroy any list
furnished to it as provided in Section 4.01 upon receipt of a new list so furnished.

     (b) The rights of Holders to communicate with other Holders with respect to the Indenture or
the Securities are as provided by the Trust Indenture Act of 1939.

     (c) Neither the Issuer nor the Trustee will be held accountable by reason of any disclosure of
information as to names and addresses of Holders made pursuant to the Trust Indenture Act of 1939.

     Section 4.03. Reports by the Issuer. The Issuer covenants to file with the Trustee, within
15 days after the Issuer is required to file the same with the Commission, copies of the annual
reports and of the information, documents, and other reports that the Issuer may be required to
file with the Commission pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of
1934 or pursuant to Section 314 of the Trust Indenture Act of 1939, provided, that (i) any failure
by the Issuer to comply with this provision or, to the extent automatically deemed to be included
in this Indenture, Section 314(a) of the Trust Indenture Act of 1939, shall not constitute an Event
of Default for purposes of any remedy set forth in Section 5.01 or that otherwise gives right to
accelerate of declare any Security

25

 

issued
hereunder due and payable, and (ii) only the Trustee may institute a legal proceeding
against the Issuer to enforce the foregoing delivery obligation. Delivery of such reports,
information and documents to the Trustee is for informational purposes only and the Trustee’s
receipt of such shall not constitute constructive notice of any information contained therein or
determinable from information contained therein.

     Section 4.04. Reports by the Trustee. Any Trustee’s report required under Section 313(a) of
the Trust Indenture Act of 1939 shall be transmitted on or before January 15 in each year beginning
January 15, ___, as provided in Section 313(c) of the Trust Indenture Act of 1939, so long as any
Securities are Outstanding hereunder, and shall be dated as of a date convenient to the Trustee no
more than 60 days prior thereto.

ARTICLE 5

Remedies of the Trustee and Securityholders on Event of Default

     Section 5.01. Event of Default Defined; Acceleration of Maturity; Waiver of Default. “Event
of Default” with respect to Securities of any series wherever used herein, means each one of the
following events which shall have occurred and be continuing (whatever the reason for such Event of
Default and whether it shall be voluntary or involuntary or be effected by operation of law or
pursuant to any judgment, decree or order of any court or any order, rule or regulation of any
administrative or governmental body):

     (a) default in the payment of principal, interest or premium in respect of the Securities for
30 days; or

     (b) the failure to perform or observe any other obligations under the Securities which failure
continues for the period of 60 days next following service on the Issuer of notice requiring the
same to be remedied by the Trustee or Holders of 33 1/3% or more in aggregate
principal amount of the Securities of all series affected thereby; provided, that (i) any failure
to perform or observe any obligation under Section 4.03 or, to the extent automatically deemed to
be included in this Indenture, Section 3.14(a) of the Trust Indenture Act of 1939, shall not
constitute an Event of Default for purposes of any remedy set forth in this Section 5.01 or that
otherwise gives a right to accelerate or declare any Security issued
hereunder due and payable, and
(ii) only the Trustee may institute a legal proceeding against the Issuer to enforce the foregoing
delivery obligations; or

     (c) a court in Germany opens insolvency proceedings against the Issuer or the Issuer applies
for or institutes such proceedings or offers or makes an arrangement for the benefit of its
creditors generally; or

26

 

     (d) any other Event of Default provided in the supplemental indenture, Officer’s Certificate
or Board Resolution under which such series of Securities is issued;

     If an Event of Default described in clauses (a), (b) or (d) above (if the Event of Default
under clauses (b) or (d) is with respect to less than all series of Securities then Outstanding)
occurs and is continuing, then, and in each and every such case, except for any series the
principal of which shall have already become due and payable, either the Trustee or the Holders of
not less than 33 1/3% in aggregate principal amount of the Securities of all series affected thereby
then Outstanding hereunder (treated as one class), by notice in writing to the Issuer (and to the
Trustee if given by Securityholders), may declare the entire principal (or, if the Securities of
any such affected series are Original Issue Discount Securities, such portion of the principal
amount as may be specified in the terms of such series) of all Securities of such affected series
and the interest accrued thereon, if any, to be due and payable immediately, and upon any such
declaration the same shall become immediately due and payable. If an Event of Default described in
clauses (b) or (d) above (if the Event of Default under clauses (b) or (d) is with respect to all
series of Securities at the time Outstanding), or clause (c) above occurs and is continuing, then
and in each and every such case, unless the principal of all the Securities shall have already
become due and payable, either the Trustee or the Holders of not less
than 33 1/3% in aggregate
principal amount of all the Securities then Outstanding hereunder (treated as one class), by notice
in writing to the Issuer (and to the Trustee if given by Securityholders), may declare the entire
principal (or, if any Securities are Original Issue Discount Securities, such portion of the
principal as may be specified in the terms thereof) of all the Securities then Outstanding and
interest accrued thereon, if any, to be due and payable immediately, and upon any such declaration
the same shall become immediately due and payable.

     The foregoing provisions, however, are subject to the condition that if, at any time after the
principal (or, if the Securities are Original Issue Discount Securities, such portion of the
principal as may be specified in the terms thereof) of the Securities of any series (or of all the
Securities, as the case may be) shall have been so declared due and payable, and before any
judgment or decree for the payment of the monies due shall have been obtained or entered as
hereinafter provided, the Issuer shall pay or shall deposit with the Trustee a sum sufficient to
pay all matured installments of interest upon all the Securities of such series (or of all the
Securities, as the case may be) and the principal of any and all Securities of each such series (or
of all the Securities, as the case may be) which shall have become due otherwise than by
acceleration (with interest upon such principal and, to the extent that payment of such interest is
enforceable under applicable law, on overdue installments of interest, at the same rate as the rate
of interest or Yield to Maturity (in the case of Original Issue Discount Securities) specified in
the Securities of each such series (or at the respective rates of interest or Yields to

27

 

Maturity of all the Securities, as the case may be) to the date of such payment or deposit)
and such amount as shall be sufficient to cover reasonable compensation to the Trustee, its agents,
attorneys and counsel, and all other expenses and liabilities incurred, and all advances made, by
the Trustee except as a result of negligence or bad faith, and if any and all Events of Default
under the Indenture, other than the non-payment of the principal of Securities which shall have
become due by acceleration, shall have been cured, waived or otherwise remedied as provided herein,
then and in every such case the Holders of a majority in aggregate principal amount of all the
Securities of each such series (or of all the Securities, as the case may be) then Outstanding (in
each case treated as one class), by written notice to the Issuer and to the Trustee, may waive all
defaults with respect to each such series (or with respect to all the Securities, as the case may
be) and rescind and annul such declaration and its consequences, but no such waiver or rescission
and annulment shall extend to or shall affect any subsequent default or shall impair any right
consequent thereon.

     For all purposes under this Indenture, if a portion of the principal of any Original Issue
Discount Securities shall have been accelerated and declared due and payable pursuant to the
provisions hereof, then, from and after such declaration, unless such declaration has been
rescinded and annulled, the principal amount of such Original Issue Discount Securities shall be
deemed, for all purposes hereunder, to be such portion of the principal thereof as shall be due and
payable as a result of such acceleration, and payment of such portion of the principal thereof as
shall be due and payable as a result of such acceleration, together with interest, if any, thereon
and all other amounts owing thereunder, shall constitute payment in full of such Original Issue
Discount Securities.

     Section 5.02. Collection Of Indebtedness By Trustee; Trustee May Prove Debt. If an Event of
Default with respect to Securities of any series occurs and is continuing, the Trustee, in its own
name and as trustee of an express trust, shall be entitled and empowered to pursue any available
remedy by proceedings at law or in equity to collect any principal of and interest on the
Securities of such series due and unpaid, or to enforce the performance of any provision of the
Securities of such series or this Indenture, and may prosecute any such action or proceedings to
judgment or final decree, and may enforce any such judgment or final decree against the Issuer or
other obligor upon the Securities and collect in the manner provided by law out of the property of
the Issuer or other obligor upon the Securities, wherever situated, the monies adjudged or decreed
to be payable.

     In case there shall be pending proceedings relative to the Issuer or any other obligor upon
the Securities under Title 11 of the United States Code or any other applicable Federal or state or
non-U.S. bankruptcy, insolvency or other similar law, or in case a receiver, assignee or trustee in
bankruptcy or reorganization, liquidator, sequestrator or similar official shall have been
appointed for or taken possession of the Issuer or its property or such other

28

 

obligor, or in case of any other comparable judicial proceedings relative to the Issuer or
other obligor upon the Securities, or to the creditors or property of the Issuer or such other
obligor, the Trustee, irrespective of whether the principal of the Securities shall then be due and
payable as therein expressed or by declaration or otherwise, shall be entitled and empowered, by
intervention in such proceedings or otherwise:

     (i) to file and prove a claim or claims for the whole amount of principal and
interest (or, if the Securities of any series are Original Issue Discount Securities, such
portion of the principal amount as may be specified in the terms of such series) owing and
unpaid in respect of the Securities of any series, and to file such other papers or
documents as may be necessary or advisable in order to have the claims of the Trustee
(including any claim for reasonable compensation to the Trustee and each predecessor
Trustee, and their respective agents, attorneys and counsel, and for reimbursement of all
expenses and liabilities incurred, and all advances made, by the Trustee and each
predecessor Trustee, except as a result of its negligence or bad faith) and of the
Securityholders allowed in any judicial proceedings relative to the Issuer or other
obligor upon the Securities, or to the creditors or property of the Issuer or such other
obligor,

     (ii) unless prohibited by applicable law and regulations, to vote on behalf of the
holders of the Securities of any series in any election of a trustee or a standby trustee
in arrangement, reorganization, liquidation or other bankruptcy or insolvency proceedings
or Person performing similar functions in comparable proceedings, and

     (iii) to collect and receive any monies or other property payable or deliverable on
any such claims, and to distribute all amounts received with respect to the claims of the
Securityholders and of the Trustee on their behalf; and any trustee, receiver, or
liquidator, custodian or other similar official is hereby authorized by each of the
Securityholders to make payments to the Trustee, and, in the event that the Trustee shall
consent to the making of payments directly to the Securityholders, to pay to the Trustee
such amounts as shall be sufficient to cover reasonable compensation to the Trustee, each
predecessor Trustee and their respective agents, attorneys and counsel, and all other
expenses and liabilities incurred, and all advances made, by the Trustee and each
predecessor Trustee except as a result of its negligence or bad faith.

     Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to
or vote for or accept or adopt on behalf of any Securityholder any plan of reorganization,
arrangement, adjustment or composition affecting the Securities of any series or the rights of any
Holder

29

 

thereof, or to authorize the Trustee to vote in respect of the claim of any Securityholder in
any such proceeding except, as aforesaid, to vote for the election of a trustee in bankruptcy or
similar Person.

     All rights of action and of asserting claims under this Indenture, or under any of the
Securities of any series or Coupons appertaining to such Securities, may be enforced by the Trustee
without the possession of any of the Securities of such series or Coupons appertaining to such
Securities or the production thereof on any trial or other proceedings relative thereto, and any
such action or proceedings instituted by the Trustee shall be brought in its own name as trustee of
an express trust, and any recovery of judgment, subject to the payment of the expenses,
disbursements and compensation of the Trustee, each predecessor Trustee and their respective agents
and attorneys, shall be for the ratable benefit of the Holders of the Securities or Coupons
appertaining to such Securities in respect of which such action was taken.

     In any proceedings brought by the Trustee (and also any proceedings involving the
interpretation of any provision of this Indenture to which the Trustee shall be a party) the
Trustee shall be held to represent all the Holders of the Securities or Coupons appertaining to
such Securities in respect to which such action was taken, and it shall not be necessary to make
any Holders of such Securities or Coupons appertaining to such Securities parties to any such
proceedings.

     Section 5.03. Application of Proceeds. Any monies collected by the Trustee pursuant to this
Article in respect of any series shall be applied in the following order at the date or dates fixed
by the Trustee and, in case of the distribution of such monies on account of principal or interest,
upon presentation of the several Securities and Coupons appertaining to such Securities in respect
of which monies have been collected and stamping (or otherwise noting) thereon the payment, or
issuing Securities of such series in reduced principal amounts in exchange for the presented
Securities of like series if only partially paid, or upon surrender thereof if fully paid:

	 	 	 	 	 
	 

	 	FIRST:
	 	To the payment of costs and expenses applicable to such series in respect of which
monies have been collected, including reasonable compensation to the Trustee, Agent
and each predecessor Trustee and their respective agents and attorneys and of all
expenses and liabilities incurred, and all advances made, by the Trustee, Agent and
each predecessor Trustee except as a result of negligence or bad faith;
	 
	 	 	 	 
	 

	 	SECOND:
	 	In case the principal of the Securities of such series in respect of which monies
have been collected shall not have

30

 

	 	 	 	 	 
	 

	 	 	 	become and be then due and payable, to the payment of interest on the
Securities of such series in default in the order of the maturity of the
installments of such interest, with interest (to the extent that such
interest has been collected by the Trustee) upon the overdue
installments of interest at the same rate as the rate of interest or
Yield to Maturity (in the case of Original Issue Discount Securities)
specified in such Securities, such payments to be made ratably to the
Holders of Securities, without discrimination or preference;
	 
	 	 	 	 
	 

	 	THIRD:
	 	In case the principal of the Securities of such series in respect of which monies
have been collected shall have become and shall be then due and payable, to the
payment of the whole amount then owing and unpaid upon all the Securities of such
series for principal and interest, with interest upon the overdue principal, and (to
the extent that such interest has been collected by the Trustee) upon overdue
installments of interest at the same rate as the rate of interest or Yield to
Maturity (in the case of Original Issue Discount Securities) specified in the
Securities of such series; and in case such monies shall be insufficient to pay in
full the whole amount so due and unpaid upon the Securities of such series, then to
the payment of such principal and interest or Yield to Maturity, without preference
or priority of principal over interest or Yield to Maturity, or of interest or Yield
to Maturity over principal, or of any installments of interest over any other
installments of interest, or of any Security of such series over any other Security
of such series, ratably to the aggregate of such principal and accrued and unpaid
interest or Yield to Maturity; and
	 
	 	 	 	 
	 

	 	FOURTH:
	 	To the payment of the remainder, if any, to the Issuer or any other Person
lawfully entitled thereto.

     Section 5.04. Suits for Enforcement. In case an Event of Default has occurred, has not been
waived and is continuing, the Trustee may in its discretion proceed to protect and enforce the
rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall
deem most effectual to protect and enforce any of such rights, either at law or in equity or in
bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement
contained in this Indenture or in aid of the exercise of any power granted in this Indenture or to
enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

31

 

     Section 5.05. Restoration of Rights on Abandonment of Proceedings. In case the Trustee shall
have proceeded to enforce any right under this Indenture and such proceedings shall have been
discontinued or abandoned for any reason, or shall have been determined adversely to the Trustee,
then and in every such case the Issuer and the Trustee shall be restored respectively to their
former positions and rights hereunder, and all rights, remedies and powers of the Issuer, the
Trustee and the Securityholders shall continue as though no such proceedings had been taken.

     Section 5.06. Limitations on Suits by Securityholders. No Holder of any Security of any
series or of any Coupon appertaining thereto shall have any right by virtue or by availing of any
provision of this Indenture to institute any action or proceeding at law or in equity or in
bankruptcy or otherwise upon or under or with respect to this Indenture, or for the appointment of
a trustee, receiver, liquidator, custodian or other similar official or for any other remedy
hereunder, unless such Holder previously shall have given to the Trustee written notice of default
and of the continuance thereof, as hereinbefore provided, and unless also the Holders of not less
than a majority in aggregate principal amount of the Securities of each affected series then
Outstanding (treated as a single class) shall have made written request upon the Trustee to
institute such action or proceedings in its own name as trustee hereunder and shall have offered to
the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities
to be incurred therein or thereby and the Trustee for 60 days after its receipt of such notice,
request and offer of indemnity shall have failed to institute any such action or proceeding and no
direction inconsistent with such written request shall have been given to the Trustee pursuant to
Section 5.09; it being understood and intended, and being expressly covenanted by the taker and
Holder of every Security or Coupon with every other taker and Holder and the Trustee, that no one
or more Holders of Securities of any series or Coupons appertaining to such Securities shall have
any right in any manner whatever by virtue or by availing of any provision of this Indenture to
affect, disturb or prejudice the rights of any other such Holder of Securities or Coupons
appertaining to such Securities, or to obtain or seek to obtain priority over or preference to any
other such Holder or to enforce any right under this Indenture, except in the manner herein
provided and for the equal, ratable and common benefit of all Holders of Securities of the
applicable series and Coupons appertaining to such Securities. For the protection and enforcement
of the provisions of this Section, each and every Securityholder and the Trustee shall be entitled
to such relief as can be given either at law or in equity.

     Section 5.07. Unconditional Right of Securityholders to Institute Certain Suits.
Notwithstanding any other provision in this Indenture and any provision of any Security, the right
of any Holder of any Security or Coupon to receive payment of the principal of and interest on such
Security or Coupon on or after the respective due dates expressed in such Security or Coupon, or to
institute suit

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for the enforcement of any such payment on or after such respective dates, shall not be
impaired or affected without the consent of such Holder.

     Section 5.08. Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default.
Except as provided in Section 5.06, no right or remedy herein conferred upon or reserved to the
Trustee or to the Holders of Securities or Coupons is intended to be exclusive of any other right
or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in
addition to every other right and remedy given hereunder or now or hereafter existing at law or in
equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise,
shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

     No delay or omission of the Trustee or of any Holder of Securities or Coupons to exercise any
right or power accruing upon any Event of Default occurring and continuing as aforesaid shall
impair any such right or power or shall be construed to be a waiver of any such Event of Default or
an acquiescence therein; and, subject to Section 5.06, every power and remedy given by this
Indenture or by law to the Trustee or to the Holders of Securities or Coupons may be exercised from
time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders of
Securities or Coupons.

     Section 5.09. Control by Holders of Securities. The Holders of a majority in aggregate
principal amount of the Securities of each series affected (with all such series voting as a single
class) at the time Outstanding shall have the right to direct the time, method, and place of
conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power
conferred on the Trustee with respect to the Securities of such series by this Indenture; provided
that such direction shall not be otherwise than in accordance with law and the provisions of this
Indenture and provided further that (subject to the provisions of Section 6.01) the Trustee shall
have the right to decline to follow any such direction if the Trustee, being advised by counsel,
shall determine that the action or proceeding so directed may not lawfully be taken or if the
Trustee in good faith by its board, the executive committee, or a trust committee of directors or
Responsible Officers of the Trustee shall determine that the action or proceedings so directed
would involve the Trustee in personal liability or if the Trustee in good faith shall so determine
that the actions or forbearances specified in or pursuant to such direction would be unduly
prejudicial to the interests of Holders of the Securities of all series so affected not joining in
the giving of said direction, it being understood that (subject to Section 6.01) the Trustee shall
have no duty to ascertain whether or not such actions or forbearances are unduly prejudicial to
such Holders.

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     Nothing in this Indenture shall impair the right of the Trustee in its discretion to take any
action deemed proper by the Trustee and which is not inconsistent with such direction or directions
by Securityholders.

     Section 5.10. Waiver of Past Defaults. Prior to the acceleration of the maturity of any
Securities as provided in Section 5.01, the Holders of a majority in aggregate principal amount of
the Securities of all series at the time Outstanding with respect to which an Event of Default
shall have occurred and be continuing (voting as a single class) may on behalf of the Holders of
all such Securities waive any past default or Event of Default described in Section 5.01 and its
consequences, except a default in respect of a covenant or provision hereof which cannot be
modified or amended without the consent of the Holder of each Security affected. In the case of
any such waiver, the Issuer, the Trustee and the Holders of all such Securities shall be restored
to their former positions and rights hereunder, respectively; but no such waiver shall extend to
any subsequent or other default or impair any right consequent thereon.

     Upon any such waiver, such default shall cease to exist and be deemed to have been cured and
not to have occurred, and any Event of Default arising therefrom shall be deemed to have been
cured, and not to have occurred for every purpose of this Indenture; but no such waiver shall
extend to any subsequent or other default or Event of Default or impair any right consequent
thereon.

     Section 5.11. Trustee to Give Notice of Default; But May Withhold in Certain Circumstances.
The Trustee shall, within ninety days after the occurrence of a default with respect to the
Securities of any series, give notice of all defaults with respect to that series known to the
Trustee (i) if any Bearer Securities of a series affected are then Outstanding, to the Holders
thereof, (A) by mail to such Holders who have filed their names and addresses with the Trustee
within the two years preceding the notice at such addresses as were so furnished to the Trustee and
(B) either through the customary notice provisions of the clearing system or systems through which
beneficial interests in such Bearer Securities are owned if such Bearer Securities are held only in
global form or by publication at least once in an Authorized Newspaper in the Borough of Manhattan,
The City of New York, and at least once in an Authorized Newspaper in London (and, if required by
Section 3.06, at least once in an Authorized Newspaper in Luxembourg), and (ii) if any Registered
Securities of a series affected are then Outstanding, by mailing notice to the Holders of then
Outstanding Registered Securities of each series affected at their addresses as they shall appear
on the registry books, unless in each case such defaults shall have been cured before the mailing
or publication of such notice (the term “defaults” for the purpose of this Section being hereby
defined to mean any event or condition which is, or with notice or lapse of time or both would
become, an Event of Default); provided that, except in the case of default in the payment of the
principal of or interest on any of the Securities of such series, or in the

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payment of any sinking fund installments on such series, the Trustee shall be protected in
withholding such notice if and so long as the board of directors, the executive committee, or a
trust committee of directors or trustees and/or Responsible Officers of the Trustee in good faith
determines that the withholding of such notice is in the interests of the Securityholders of such
series.

     Section 5.12. Right of Court to Require Filing of Undertaking to Pay Costs. All parties to
this Indenture agree, and each Holder of any Security or Coupon by his acceptance thereof shall be
deemed to have agreed, that any court may in its discretion require, in any suit for the
enforcement of any right or remedy under this Indenture or in any suit against the Trustee for any
action taken, suffered or omitted by it as Trustee, the filing by any party litigant in such suit
of an undertaking to pay the costs of such suit, and that such court may in its discretion assess
reasonable costs, including reasonable attorneys’ fees, against any party litigant in such suit,
having due regard to the merits and good faith of the claims or defenses made by such party
litigant; but the provisions of this Section shall not apply to any suit instituted by the Trustee,
to any suit instituted by any Securityholder or group of Securityholders of any series holding in
the aggregate more than 10% in aggregate principal amount of the Securities of such series, or, in
the case of any suit relating to or arising under Section 5.01(b)or Section 5.01(d)(if the suit
relates to Securities of more than one but less than all series), 10% in aggregate principal amount
of Securities then Outstanding and affected thereby, or in the case of any suit relating to or
arising under Section 5.01(b) or 5.01(d) (if the suit under Section 5.01(b)or Section
5.01(d)relates to all the Securities then Outstanding) or Section 5.01(c), 10% in aggregate principal
amount of all Securities then Outstanding, or to any suit instituted by any Securityholder for the
enforcement of the payment of the principal of or interest on any Security on or after the due date
expressed in such Security or any date fixed for redemption.

ARTICLE 6

Concerning the Trustee and Agent

     Section 6.01. Duties and Responsibilities of the Trustee and Agent; During Default; Prior to
Default. With respect to the Holders of any series of Securities issued hereunder, the Trustee and
Agent, prior to the occurrence of an Event of Default with respect to the Securities of a
particular series and after the curing or waiving of all Events of Default which may have occurred
with respect to such series, undertakes to perform such duties and only such duties as are
specifically set forth in this Indenture. In case an Event of Default with respect to the
Securities of a series has occurred (which has not been cured or waived) the Trustee or Agent shall
exercise with respect to such series of Securities such of the rights and powers vested in it by
this Indenture, and use the same degree of

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care and skill in their exercise, as a prudent man would exercise or use under the
circumstances in the conduct of his own affairs.

     No provision of this Indenture shall be construed to relieve the Trustee or Agent from
liability for its own negligent action, its own negligent failure to act or its own willful
misconduct, except that

     (a) prior to the occurrence of an Event of Default with respect to the Securities of any
series and after the curing or waiving of all such Events of Default with respect to such series
which may have occurred:

     (i) the duties and obligations of the Trustee and Agent with respect to the
Securities of any series shall be determined solely by the express provisions of this
Indenture, and the Trustee and Agent shall not be liable except for the performance of
such duties and obligations as are specifically set forth in this Indenture, and no
implied covenants or obligations shall be read into this Indenture against the Trustee or
Agent; and

     (ii) in the absence of bad faith on the part of the Trustee or Agent, the Trustee and
Agent may conclusively rely, as to the truth of the statements and the correctness of the
opinions expressed therein, upon any statements, certificates or opinions furnished to the
Trustee or Agent and conforming to the requirements of this Indenture; but in the case of
any such statements, certificates or opinions which by any provision hereof are
specifically required to be furnished to the Trustee or Agent, the Trustee or Agent shall
be under a duty to examine the same to determine whether or not they conform to the
requirements of this Indenture;

     (b) the Trustee or Agent shall not be liable for any error of judgment made in good faith by a
Responsible Officer or Responsible Officers of the Trustee or Agent, unless it shall be proved that
the Trustee or Agent was negligent in ascertaining the pertinent facts; and

     (c) the Trustee shall not be liable with respect to any action taken or omitted to be taken by
it in good faith in accordance with the direction of the Holders pursuant to Section 5.09 relating
to the time, method and place of conducting any proceeding for any remedy available to the Trustee,
or exercising any trust or power conferred upon the Trustee, under this Indenture.

     None of the provisions contained in this Indenture shall require the Trustee or Agent to
expend or risk its own funds or otherwise incur personal financial liability in the performance of
any of its duties or in the exercise of any of its rights or powers, if there shall be reasonable
ground for believing that the

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repayment of such funds or adequate indemnity against such liability is not reasonably assured
to it.

     The provisions of this Section 6.01 are in furtherance of and subject to Section 315 of the
Trust Indenture Act of 1939.

     Section 6.02. Certain Rights of the Trustee and Agent. In furtherance of and subject to the
Trust Indenture Act of 1939, and subject to Section 6.01:

     (a) the Trustee and Agent may rely and shall be protected in acting or refraining from acting
upon any resolution, Officers’ Certificate or any other certificate, statement, instrument,
opinion, report, notice, request, consent, order, bond, debenture, note, coupon, security or other
paper or document believed by it to be genuine and to have been signed or presented by the proper
party or parties;

     (b) any request, direction, order or demand of the Issuer mentioned herein shall be
sufficiently evidenced by an Officers’ Certificate (unless other evidence in respect thereof be
herein specifically prescribed); and any resolution of the Board may be evidenced to the Trustee by
a copy thereof certified by the secretary or an assistant secretary of the Issuer;

     (c) the Trustee or Agent may consult with counsel and any written advice or any Opinion of
Counsel shall be full and complete authorization and protection in respect of any action taken,
suffered or omitted to be taken by it hereunder in good faith and in reliance thereon in accordance
with such advice or Opinion of Counsel;

     (d) the Trustee or Agent shall be under no obligation to exercise any of the trusts or powers
vested in it by this Indenture at the request, order or direction of any of the Securityholders
pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the
Trustee or Agent reasonable security or indemnity against the costs, expenses and liabilities which
might be incurred therein or thereby;

     (e) the Trustee or Agent shall not be liable for any action taken or omitted by it in good
faith and believed by it to be authorized or within the discretion, rights or powers conferred upon
it by this Indenture;

     (f) prior to the occurrence of an Event of Default hereunder and after the curing or waiving
of all Events of Default, the Trustee or Agent shall not be bound to make any investigation into
the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report,
notice, request, consent, order, approval, appraisal, bond, debenture, note, coupon, security, or
other paper or document unless requested in writing so to do by the Holders of not less than a
majority in aggregate principal amount of the Securities of all series affected then

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Outstanding; provided that, if the payment within a reasonable time to the Trustee or Agent of
the costs, expenses or liabilities likely to be incurred by it in the making of such investigation
is, in the opinion of the Trustee or Agent, not reasonably assured to the Trustee or Agent by the
security afforded to it by the terms of this Indenture, the Trustee or Agent may require reasonable
indemnity against such expenses or liabilities as a condition to proceeding; the reasonable
expenses of every such investigation shall be paid by the Issuer or, if paid by the Trustee or
Agent or any predecessor Trustee or Agent, shall be repaid by the Issuer upon demand; and

     (g) the Trustee or Agent may execute any of the trusts or powers hereunder or perform any
duties hereunder either directly or by or through agents or attorneys not regularly in its employ
and the Trustee or Agent shall not be responsible for any misconduct or negligence on the part of
any such agent or attorney appointed with due care by it hereunder.

     Section 6.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application
of Proceeds Thereof. The recitals contained herein and in the Securities, except the Trustee’s
certificates of authentication, shall be taken as the statements of the Issuer, and the Trustee
assumes no responsibility for the correctness of the same. Neither Trustee nor Agent makes any
representation as to the validity or sufficiency of this Indenture or of the Securities or Coupons.
Neither Trustee nor Agent shall be accountable for the use or application by the Issuer of any of
the Securities or of the proceeds thereof.

     Section 6.04. Trustee and Agents May Hold Securities or Coupons; Collections, Etc. The
Trustee, Agent or any agent of the Issuer or the Trustee or Agent, in its individual or any other
capacity, may become the owner or pledgee of Securities or Coupons with the same rights it would
have if it were not the Trustee or Agent or such agent and may otherwise deal with the Issuer and
receive, collect, hold and retain collections from the Issuer with the same rights it would have if
it were not the Trustee, Agent or such other agent of the Issuer or the Trustee.

     Section 6.05. Monies Held by Trustee. Subject to the provisions of Section 10.04 hereof, all
monies received by the Trustee or Paying Agent shall, until used or applied as herein provided, be
held in trust for the purposes for which they were received, but need not be segregated from other
funds except to the extent required by mandatory provisions of law. Neither the Trustee nor Paying
Agent nor any agent of the Issuer the Trustee or Paying Agent shall be under any liability for
interest on any monies received by it hereunder.

     Section 6.06. Compensation and Indemnification of Trustee and Paying Agent and Their Prior
Claim. The Issuer covenants and agrees to pay to the Trustee and Agent from time to time, and the
Trustee and Agent shall be entitled

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to, reasonable compensation (which shall not be limited by any provision of law in regard to
the compensation of a trustee of an express trust) and the Issuer covenants and agrees to pay or
reimburse the Trustee, Agent and each predecessor Trustee and Agent upon its request for all reasonable
expenses, disbursements and advances incurred or made by or on behalf of it in accordance with any
of the provisions of this Indenture (including the reasonable compensation and the expenses and
disbursements of its counsel and of all agents and other Persons not regularly in its employ)
except any such expense, disbursement or advance as may arise from its negligence or bad faith.
The Issuer also covenants to indemnify the Trustee, Agent and each
predecessor Trustee and Agent and all of
their respective officers, directors and employees, for and to hold it harmless against, any loss,
liability or expense incurred without negligence or bad faith on its part, arising out of or in
connection with the acceptance or administration of this Indenture or the trusts hereunder and its
duties hereunder, including the costs and expenses of defending itself against or investigating any
claim of liability in the premises. The obligations of the Issuer under this Section to compensate
and indemnify the Trustee, Agent and each predecessor Trustee and
Agent and to pay or reimburse the Trustee,
Agent and each predecessor Trustee and Agent for expenses, disbursements and advances shall constitute
additional indebtedness hereunder and shall survive the satisfaction and discharge of this
Indenture. Such additional indebtedness shall be a senior claim to that of the Securities upon all
property and funds held or collected by the Trustee or Agent as such, except funds held in trust
for the benefit of the Holders of particular Securities or Coupons, and the Securities are hereby
subordinated to such senior claim.

     Section 6.07. Right of Trustee and Agent to Rely on Officers’ Certificate, Etc. Subject to
Sections 6.01 and 6.02, whenever in the administration of the trusts of this Indenture the Trustee
or Agent shall deem it necessary or desirable that a matter be proved or established prior to
taking or suffering or omitting any action hereunder, such matter (unless other evidence in respect
thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the
part of the Trustee or Agent, be deemed to be conclusively proved and established by an Officers’
Certificate delivered to the Trustee or Agent, and such certificate, in the absence of negligence
or bad faith on the part of the Trustee or Agent, shall be full warrant to the Trustee or Agent for
any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith
thereof.

     Section 6.08. Indentures not Creating Potential Conflicting Interests for the Trustee or
Agent. The following indenture is hereby specifically described for the purposes of Section
310(b)(1) of the Trust Indenture Act of 1939: this Indenture with respect to the Securities of any
other series.

     Section 6.09. Persons Eligible for Appointment as Trustee. The Trustee for each series of
Securities hereunder shall at all times be a corporation organized and doing business under the
laws of the United States of America or of

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any State or the District of Columbia having a combined capital and surplus of at least
$5,000,000, and which is authorized under such laws to exercise corporate trust powers and is
subject to supervision or examination by Federal, State or District of Columbia authority. Such
corporation shall have a place of business in the Borough of Manhattan, The City of New York if
there be such a corporation in such location willing to act upon reasonable and customary terms and
conditions. If such corporation publishes reports of condition at least annually, pursuant to law
or to the requirements of the aforesaid supervising or examining authority, then for the purposes
of this Section, the combined capital and surplus of such corporation shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition so published. In
case at any time the Trustee shall cease to be eligible in accordance with the provisions of this
Section, the Trustee shall resign immediately in the manner and with the effect specified in
Section 6.10.

     The provisions of this Section 6.09 are in furtherance of and subject to Section 310(a) of the
Trust Indenture Act of 1939.

     Section 6.10. Resignation and Removal; Appointment of Successor Trustee. (a) The Trustee, or
any trustee or trustees hereafter appointed, may at any time resign with respect to one or more or
all series of Securities by giving written notice of resignation to the Issuer and (i) if any
Bearer Securities of a series affected are then Outstanding, by giving notice of such resignation
to the Holders thereof (A) by mail to such Holders who have filed their names and addresses with
the Trustee within the two years preceding the notice at such addresses as were so furnished to the
Trustee and (B) either through the customary notice provisions of the clearing system or systems
through which beneficial interests in such Bearer Securities are owned if such Bearer Securities
are held only in global form or by publication at least once in an Authorized Newspaper in the
Borough of Manhattan, The City of New York, and at least once in an Authorized Newspaper in London
(and, if required by Section 3.06, at least once in an Authorized Newspaper in Luxembourg), and
(ii) if any Registered Securities of a series affected are then Outstanding, by mailing notice of
such resignation to the Holders of then Outstanding Registered Securities of each series affected
at their addresses as they shall appear on the registry books. Upon receiving such notice of
resignation, the Issuer shall promptly appoint a successor trustee or trustees with respect to the
applicable series by written instrument in duplicate, executed by two Authorized Signatories, one
copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor
trustee or trustees. If no successor trustee shall have been so appointed with respect to any
series and have accepted appointment within 30 days after the mailing of such notice of
resignation, the resigning trustee may petition any court of competent jurisdiction for the
appointment of a successor trustee, or any Securityholder who has been a bona fide Holder of a
Security or Securities of the applicable series for at least six months may, subject to the
provisions of Section 5.12, on behalf of

40

 

himself and all others similarly situated, petition any such court for the appointment of a
successor trustee. Such court may thereupon, after such notice, if any, as it may deem proper and
prescribe, appoint a successor trustee.

     (b) In case at any time any of the following shall occur:

     (i) the Trustee shall fail to comply with the provisions of Section 310(b) of the
Trust Indenture Act of 1939 with respect to any series of Securities after written request
therefor by the Issuer or by any Securityholder who has been a bona fide Holder of a
Security or Securities of such series for at least six months; or

     (ii) the Trustee shall cease to be eligible in accordance with the provisions of
Section 6.09 of this Indenture and Section 310(a) of the Trust Indenture Act of 1939 and
shall fail to resign after written request therefor by the Issuer or by any
Securityholder; or

     (iii) the Trustee shall become incapable of acting with respect to any series of
Securities, or shall be adjudged a bankrupt or insolvent, or a receiver or liquidator of
the Trustee or of its property shall be appointed, or any public officer shall take charge
or control of the Trustee or of its property or affairs for the purpose of rehabilitation,
conservation or liquidation;

then, in any such case, the Issuer may remove the Trustee with respect to the applicable series of
Securities and appoint a successor trustee for such series by written instrument, in duplicate,
executed by Authorized Signatories of the Issuer, one copy of which instrument shall be delivered
to the Trustee so removed and one copy to the successor trustee, or, subject to the provisions of
Section 315(e) of the Trust Indenture Act of 1939, any Security holder who has been a bona fide
Holder of a Security or Securities of such series for at least six months may on behalf of himself
and all others similarly situated, petition any court of competent jurisdiction for the removal of
the Trustee and the appointment of a successor trustee with respect to such series. Such court may
thereupon, after such notice, if any, as it may deem proper and prescribe, remove the Trustee and
appoint a successor trustee.

     (c) The Holders of a majority in aggregate principal amount of the Securities of each series
at the time outstanding may at any time remove the Trustee with respect to Securities of such
series and appoint a successor trustee with respect to the Securities of such series by delivering
to the Trustee so removed, to the successor trustee so appointed and to the Issuer the evidence
provided for in Section 7.01 of the action in that regard taken by the Securityholders.

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     (d) Any resignation or removal of the Trustee with respect to any series and any appointment
of a successor trustee with respect to such series pursuant to any of the provisions of this
Section 6.10 shall become effective upon acceptance of appointment by the successor trustee as
provided in Section 6.11.

     Section 6.11. Acceptance of Appointment by Successor Trustee. Any successor trustee
appointed as provided in Section 6.10 shall execute and deliver to the Issuer and to its
predecessor trustee an instrument accepting such appointment hereunder, and thereupon the
resignation or removal of the predecessor trustee with respect to all or any applicable series
shall become effective and such successor trustee, without any further act, deed or conveyance,
shall become vested with all rights, powers, duties and obligations with respect to such series of
its predecessor hereunder, with like effect as if originally named as trustee for such series
hereunder; but, nevertheless, on the written request of the Issuer or of the successor trustee,
upon payment of its charges then unpaid, the trustee ceasing to act shall, subject to Section
10.04, pay over to the successor trustee all monies at the time held by it hereunder and shall
execute and deliver an instrument transferring to such successor trustee all such rights, powers,
duties and obligations. Upon request of any such successor trustee, the Issuer shall execute any
and all instruments in writing for more fully and certainly vesting in and confirming to such
successor trustee all such rights and powers. Any trustee ceasing to act shall, nevertheless,
retain a prior claim upon all property or funds held or collected by such trustee to secure any
amounts then due it pursuant to the provisions of Section 6.06.

     If a successor trustee is appointed with respect to the Securities of one or more (but not
all) series, the Issuer, the predecessor Trustee and each successor trustee with respect to the
Securities of any applicable series shall execute and deliver an indenture supplemental hereto
which shall contain such provisions as shall be deemed necessary or desirable to confirm that all
the rights, powers, trusts and duties of the predecessor trustee with respect to the Securities of
any series as to which the predecessor trustee is not retiring shall continue to be vested in the
predecessor trustee, and shall add to or change any of the provisions of this Indenture as shall be
necessary to provide for or facilitate the administration of the trusts hereunder by more than one
Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute
such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust
or trusts under separate indentures.

     No successor trustee with respect to any series of Securities shall accept appointment as
provided in this Section 6.11 unless at the time of such acceptance such successor trustee shall be
qualified under Section 310(b) of the Trust Indenture Act of 1939 and eligible under the provisions
of Section 6.09.

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     Upon acceptance of appointment by any successor trustee as provided in this Section 6.11, the
Issuer shall give notice thereof (i) if any Bearer Securities of a series affected are then
Outstanding, to the Holders thereof, (A) by mail to such Holders who have filed their names and
addresses with the Trustee within the two years preceding the notice at such addresses as were so
furnished to the Trustee and (B) either through the customary notice provisions of the clearing
system or systems through which beneficial interests in such Bearer Securities are owned if such
Bearer Securities are held only in global form or by publication at least once in an Authorized
Newspaper in the Borough of Manhattan, The City of New York and at least once in an Authorized
Newspaper in London (and, if required by Section 3.06, at least once in an Authorized Newspaper in
Luxembourg), and (ii) if any Registered Securities of a series affected are then Outstanding, by
mailing notice to the Holders of then Outstanding Registered Securities of each series affected at
their addresses as they shall appear on the registry books. If the acceptance of appointment is
substantially contemporaneous with the resignation, then the notice called for by the preceding
sentence may be combined with the notice called for by Section 6.10. If the Issuer fails to give
such notice within ten days after acceptance of appointment by the successor trustee, the successor
trustee shall cause such notice to be given at the expense of the Issuer.

     Section 6.12. Merger, Conversion, Consolidation or Succession to Business of Trustee. Any
corporation into which the Trustee may be merged or converted or with which it may be consolidated,
or any corporation resulting from any merger, conversion or consolidation to which the Trustee
shall be a party, or any corporation succeeding to all or substantially all of the corporate trust
business of the Trustee, shall be the successor of the Trustee hereunder, provided that such
corporation shall be qualified under Section 310(b) of the Trust Indenture Act of 1939 and eligible
under the provisions of Section 6.09, without the execution or filing of any paper or any further
act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.

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

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     Section 6.13. Appointment of Authenticating Agent and Calculation Agent. As long as any
Securities of a series remain Outstanding, the Trustee may, by an instrument in writing, appoint
with the approval of the Issuer an authenticating agent (the “Authenticating Agent”) which shall be
authorized to act on behalf of the Trustee to authenticate Securities, including Securities issued
upon exchange, registration of transfer, partial redemption or pursuant to Section 2.09.
Securities of each such series authenticated by such Authenticating Agent shall be entitled to the
benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated
by the Trustee. Whenever reference is made in this Indenture to the authentication and delivery of
Securities of any series by the Trustee or to the Trustee’s Certificate of Authentication, such
reference shall be deemed to include authentication and delivery on behalf of the Trustee by an
Authenticating Agent for such series and a Certificate of Authentication executed on behalf of the
Trustee by such Authenticating Agent. Such Authenticating Agent shall at all times be a
corporation organized and doing business under the laws of the United States of America or of any
State, authorized under such laws to exercise corporate trust powers, having a combined capital and
surplus of at least $5,000,000 (determined as provided in Section 6.09 with respect to the Trustee)
and subject to supervision or examination by Federal or State authority.

     Any corporation into which any Authenticating Agent may be merged or converted, or with which
it may be consolidated, or any corporation resulting from any merger, conversion or consolidation
to which any Authenticating Agent shall be a party, or any corporation succeeding to the corporate
agency business of any Authenticating Agent, shall continue to be the Authenticating Agent with
respect to all series of Securities for which it served as Authenticating Agent without the
execution or filing of any paper or any further act on the part of the Trustee or such
Authenticating Agent. Any Authenticating Agent may at any time, and if it shall cease to be
eligible shall, resign by giving written notice of resignation to the Trustee and to the Issuer.

     Upon receiving such a notice of resignation or upon such a termination, or in case at any time
any Authenticating Agent shall cease to be eligible in accordance with the provisions of this
Section 6.13 with respect to one or more series of Securities, the Trustee shall upon receipt of an
Issuer Order appoint a successor Authenticating Agent and the Issuer shall provide notice of such
appointment to all Holders of Securities of such series in the manner and to the extent provided in
Section 11.04. Any successor Authenticating Agent upon acceptance of its appointment hereunder
shall become vested with all rights, powers, duties and responsibilities of its predecessor
hereunder, with like effect as if originally named as Authenticating Agent. The Issuer agrees to
pay to the Authenticating Agent for such series from time to time reasonable compensation. The
Authenticating Agent for the Securities of any series shall have no responsibility or liability for
any action taken by it as such at the direction of the Trustee.

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     Sections 6.02, 6.03, 6.04, 6.06, 6.09 and 7.03 shall be applicable to any Authenticating
Agent.

     The Issuer may, by a separate agreement, appoint a calculation agent (“Calculation Agent”)
with respect to one or more series of Securities.

ARTICLE 7

Concerning the Securityholders

     Section 7.01. Evidence of Action Taken by Securityholders. Any request, demand,
authorization, direction, notice, consent, waiver or other action provided by this Indenture to be
given or taken by a specified percentage in principal amount of the Securityholders of any or all
series may be embodied in and evidenced by one or more instruments of substantially similar tenor
signed by such specified percentage of Securityholders in person or by agent duly appointed in
writing; and, except as herein otherwise expressly provided, such action shall become effective
when such instrument or instruments are delivered to the Trustee. Proof of execution of any
instrument or of a writing appointing any such agent shall be sufficient for any purpose of this
Indenture and (subject to Sections 6.01 and 6.02) conclusive in favor of the Trustee and the
Issuer, if made in the manner provided in this Article.

     Section 7.02. Proof of Execution of Instruments and of Holding of Securities. Subject to
Sections 6.01 and 6.02, the execution of any instrument by a Securityholder or his agent or proxy
may be proved in the following manner:

     (a) The fact and date of the execution by any Holder of any instrument may be proved by the
certificate of any notary public or other officer of any jurisdiction authorized to take
acknowledgments of deeds or administer oaths that the person executing such instruments
acknowledged to him the execution thereof, or by an affidavit of a witness to such execution sworn
to before any such notary or other such officer. Where such execution is by or on behalf of any
legal entity other than an individual, such certificate or affidavit shall also constitute
sufficient proof of the authority of the person executing the same. The fact of the holding by any
Holder of an Bearer Security of any series, and the identifying number of such Security and the
date of his holding the same, may be proved by the production of such Security or by a certificate
executed by any trust company, bank, banker or recognized securities dealer wherever situated
satisfactory to the Trustee, if such certificate shall be deemed by the Trustee to be satisfactory.
Each such certificate shall be dated and shall state that on the date thereof a Security of such
series bearing a specified identifying number was deposited with or exhibited to such trust
company, bank, banker or recognized securities dealer by the Person named in such certificate. Any
such certificate may be issued in respect of one or more Bearer Securities of one or more series
specified therein.

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The holding by the Person named in any such certificate of any Bearer Securities of any series
specified therein shall be presumed to continue for a period of one year from the date of such
certificate unless at the time of any determination of such holding (1) another certificate bearing
a later date issued in respect of the same Securities shall be produced, or (2) the Security of
such series specified in such certificate shall be produced by some other Person, or (3) the
Security of such series specified in such certificate shall have ceased to be Outstanding. Subject
to Sections 6.01 and 6.02, the fact and date of the execution of any such instrument and the amount
and numbers of Securities of any series held by the Person so executing such instrument and the
amount and numbers of any Security or Securities for such series may also be proven in accordance
with such reasonable rules and regulations as may be prescribed by the Trustee for such series or
in any other manner which the Trustee for such series may deem sufficient.

     (b) In the case of Registered Securities, the ownership of such Securities shall be proved by
the Security register or by a certificate of the Security registrar.

     The Issuer may set a record date for purposes of determining the identity of Holders of
Registered Securities of any series entitled to vote or consent to any action referred to in
Section 7.01, which record date may be set at any time or from time to time by notice to the
Trustee, for any date or dates (in the case of any adjournment or reconsideration) not more than 60
days nor less than five days prior to the proposed date of such vote or consent, and thereafter,
notwithstanding any other provisions hereof, with respect to Registered Securities of any series,
only Holders of Registered Securities of such series of record on such record date shall be
entitled to so vote or give such consent or revoke such vote or consent.

     Section 7.03. Holders to be Treated as Owners. The Issuer, the Trustee, Agent and any agent
of the Issuer or the Trustee may deem and treat the Person in whose name any Security shall be
registered upon the Security register for such series as the absolute owner of such Security
(whether or not such Security shall be overdue and notwithstanding any notation of ownership or
other writing thereon) for the purpose of receiving payment of or on account of the principal of
and, subject to the provisions of this Indenture, interest on such Security and for all other
purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall
be affected by any notice to the contrary. The Issuer, the Trustee and any agent of the Issuer or
the Trustee may treat the Holder of any Bearer Security and the Holder of any Coupon as the
absolute owner of such Bearer Security or Coupon (whether or not such Bearer Security or Coupon
shall be overdue) for the purpose of receiving payment thereof or on account thereof and for all
other purposes and neither the Issuer, the Trustee, nor any agent of the Issuer or the Trustee
shall be affected by any notice to the contrary. All such payments so made to any such Person, or
upon his order, shall be valid, and, to

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the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for
monies payable upon any such Security or Coupon.

     Section 7.04. Securities Owned by Issuer Deemed Not Outstanding. In determining whether the
Holders of the requisite aggregate principal amount of Outstanding Securities of any or all series
have concurred in any direction, consent or waiver under this Indenture, Securities which are owned
by the Issuer or any other obligor on the Securities with respect to which such determination is
being made or by any Person directly or indirectly controlling or controlled by or under direct or
indirect common control with the Issuer or any other obligor on the Securities with respect to
which such determination is being made shall be disregarded and deemed not to be Outstanding for
the purpose of any such determination, except that for the purpose of determining whether the
Trustee shall be protected in relying on any such direction, consent or waiver only Securities
which the Trustee knows are so owned shall be so disregarded. Securities so owned which have been
pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction
of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee
is not the Issuer or any other obligor upon the Securities or any Person directly or indirectly
controlling or controlled by or under direct or indirect common control with the Issuer or any
other obligor on the Securities. In case of a dispute as to such right, the advice of counsel
shall be full protection in respect of any decision made by the Trustee in accordance with such
advice. Upon request of the Trustee, the Issuer shall furnish to the Trustee promptly an Officers’
Certificate listing and identifying all Securities, if any, known by the Issuer to be owned or held
by or for the account of any of the above-described Persons; and, subject to Sections 6.01 and
6.02, the Trustee shall be entitled to accept such Officers’ Certificate as conclusive evidence of
the facts therein set forth and of the fact that all Securities not listed therein are Outstanding
for the purpose of any such determination.

     Section 7.05. Right of Revocation of Action Taken. At any time prior to (but not after) the
evidencing to the Trustee, as provided in Section 7.01, of the taking of any action by the Holders
of the percentage in aggregate principal amount of the Securities of any or all series, as the case
may be, specified in this Indenture in connection with such action, any Holder of a Security the
serial number of which is shown by the evidence to be included among the serial numbers of the
Securities the Holders of which have consented to such action may, by filing written notice at the
Corporate Trust Office and upon proof of holding as provided in this Article, revoke such action so
far as concerns such Security. Except as aforesaid any such action taken by the Holder of any
Security shall be conclusive and binding upon such Holder and upon all future Holders and owners of
such Security and of any Securities issued in exchange or substitution therefor or on registration
of transfer thereof, irrespective of whether or not any notation in regard thereto is made upon any
such Security. Any action taken by

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the Holders of the percentage in aggregate principal amount of the Securities of any or all
series, as the case may be, specified in this Indenture in connection with such action shall be
conclusively binding upon the Issuer, the Trustee and the Holders of all the Securities affected by
such action.

ARTICLE 8

Supplemental Indentures

     Section 8.01. Supplemental Indentures Without Consent of Securityholders. The Issuer and the
Trustee may from time to time and at any time enter into an indenture or indentures supplemental
hereto for one or more of the following purposes:

     (a) to convey, transfer, assign, mortgage or pledge to the Trustee as security for the
Securities of one or more series any property or assets;

     (b) to evidence the succession of another corporation to the Issuer, or successive
successions, and the assumption by the successor corporation of the covenants, agreements and
obligations of the Issuer pursuant to Article 9;

     (c) to add to the covenants of the Issuer such further covenants, restrictions, conditions or
provisions as the Issuer and the Trustee shall consider to be for the protection of the Holders of
Securities or Coupons, and to make the occurrence, or the occurrence and continuance, of a default
in any such additional covenants, restrictions, conditions or provisions an Event of Default
permitting the enforcement of all or any of the several remedies provided in this Indenture as
herein set forth; provided, that in respect of any such additional covenant, restriction, condition
or provision such supplemental indenture may provide for a particular period of grace after default
(which period may be shorter or longer than that allowed in the case of other defaults) or may
provide for an immediate enforcement upon such an Event of Default or may limit the remedies
available to the Trustee upon such an Event of Default or may limit the right of the Holders of a
majority in aggregate principal amount of the Securities of such series to waive such an Event of
Default;

     (d) to cure any ambiguity or to correct or supplement any provision contained herein or in any
supplemental indenture which may be defective or inconsistent with any other provision contained
herein or in any supplemental indenture, or to make any other provisions as the Issuer may deem
necessary or desirable, provided that no such action shall adversely affect the interests of the
Holders of the Securities or Coupons;

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     (e) to establish the forms or terms of Securities of any series or of the Coupons appertaining
to such Securities as permitted by Sections 2.01 and 2.03; and

     (f) to evidence and provide for the acceptance of appointment hereunder by a successor trustee
with respect to the Securities of one or more series and to add to or change any of the provisions
of this Indenture as shall be necessary to provide for or facilitate the administration of the
trusts hereunder by more than one trustee, pursuant to the requirements of Section 6.11.

     The Trustee is hereby authorized to join with the Issuer in the execution of any such
supplemental indenture, to make any further appropriate agreements and stipulations which may be
therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any
property thereunder, but the Trustee shall not be obligated to enter into any such supplemental
indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or
otherwise.

     Any supplemental indenture authorized by the provisions of this Section may be executed
without the consent of the Holders of any of the Securities at the time outstanding,
notwithstanding any of the provisions of Section 8.02.

     Section 8.02. Supplemental Indentures With Consent of Securityholders. With the consent
(evidenced as provided in Article 7) of the Holders of not less than a majority in aggregate
principal amount of the Securities at the time Outstanding of all series affected by such
supplemental indenture (voting as one class), the Issuer, when authorized by a resolution of its
Board (which resolution may provide general terms or parameters for such action and may provide
that the specific terms of such action may be determined in accordance with or pursuant to an
Issuer Order), and the Trustee may, from time to time and at any time, enter into an indenture or
indentures supplemental hereto for the purpose of adding any provisions to or changing in any
manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or
of modifying in any manner the rights of the Holders of the Securities of each such series or of
the Coupons appertaining to such Securities; provided, that no such supplemental indenture shall
(a) (i) change the final maturity of any Security, (ii) reduce the principal amount thereof, (iii)
reduce the rate or change the time of payment of interest thereon, (iv) reduce any amount payable
on redemption thereof, (v) make the principal thereof (including any amount in respect of original
issue discount), or interest thereon payable in any coin or currency other than that provided in
the Securities and Coupons or in accordance with the terms thereof, (vi) modify or amend any
provisions for converting any currency into any other currency as provided in the Securities or
Coupons or in accordance with the terms thereof, (vii) reduce the amount of the principal of an
Original Issue Discount Security that would be due and payable upon an acceleration of the maturity
thereof

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pursuant to Section 5.01 or the amount thereof provable in bankruptcy pursuant to Section
5.02, (viii) modify or amend any provisions relating to the conversion or exchange of the
Securities or Coupons for securities of the Issuer or of other entities or other property (or the
cash value thereof), including the determination of the amount of securities or other property (or
cash) into which the Securities shall be converted or exchanged, other than as provided in the
antidilution provisions or other similar adjustment provisions of the Securities or Coupons or
otherwise in accordance with the terms thereof, (ix) alter the provisions of Section 11.11 or 11.13
or impair or affect the right of any Securityholder to institute suit for the payment thereof or,
if the Securities provide therefor, any right of repayment at the option of the Securityholder, in
each case without the consent of the Holder of each Security so affected, or (b) reduce the
aforesaid percentage of Securities of any series, the consent of the Holders of which is required
for any such supplemental indenture, without the consent of the Holders of each Security so
affected.

     A supplemental indenture which changes or eliminates any covenant or other provision of this
Indenture which has expressly been included solely for the benefit of one or more particular series
of Securities, or which modifies the rights of Holders of Securities of such series, or of Coupons
appertaining to such Securities, with respect to such covenant or provision, shall be deemed not to
affect the rights under this Indenture of the Holders of Securities of any other series or of the
Coupons appertaining to such Securities.

     Upon the request of the Issuer, and upon the filing with the Trustee of evidence of the
consent of the Holders of the Securities as aforesaid and other documents, if any, required by
Section 7.01, the Trustee shall join with the Issuer in the execution of such supplemental
indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities
under this Indenture or otherwise, in which case the Trustee may in its discretion, but shall not
be obligated to, enter into such supplemental indenture.

     It shall not be necessary for the consent of the Securityholders under this Section to approve
the particular form of any proposed supplemental indenture, but it shall be sufficient if such
consent shall approve the substance thereof.

     Promptly after the execution by the Issuer and the Trustee of any supplemental indenture
pursuant to the provisions of this Section, the Trustee shall give notice thereof (i) if any Bearer
Securities of a series affected are then Outstanding, to the Holders thereof, (A) by mail to such
Holders who have filed their names and addresses with the Trustee within the two years preceding
the notice at such addresses as were so furnished to the Trustee and (B) either through the
customary notice provisions of the clearing system or systems through which beneficial interests in
such Bearer Securities are owned if such Bearer Securities are held only in global form or by
publication at least once in an Authorized

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Newspaper in the Borough of Manhattan, The City of New York, and at least once in an
Authorized Newspaper in London (and, if required by Section 3.06, at least once in an Authorized
Newspaper in Luxembourg), (ii) if any Registered Securities of a series affected are then
Outstanding, by mailing notice thereof by first class mail to the Holders of then Outstanding
Registered Securities of each series affected at their addresses as they shall appear on the
registry books, and in each case such notice shall set forth in general terms the substance of such
supplemental indenture. Any failure of the Trustee to give such notice, or any defect therein,
shall not, however, in any way impair or affect the validity of any such supplemental indenture.

     Section 8.03. Effect of Supplemental Indenture. Upon the execution of any supplemental
indenture pursuant to the provisions hereof, this Indenture shall be and be deemed to be modified
and amended in accordance therewith and the respective rights, limitations of rights, obligations,
duties and immunities under this Indenture of the Trustee, the Issuer and the Holders of Securities
of each series affected thereby shall thereafter be determined, exercised and enforced hereunder
subject in all respects to such modifications and amendments, and all the terms and conditions of
any such supplemental indenture shall be and be deemed to be part of the terms and conditions of
this Indenture for any and all purposes.

     Section 8.04. Documents to be Given to Trustee. The Trustee, subject to the provisions of
Sections 6.01 and 6.02, may receive an Officers’ Certificate and an Opinion of Counsel as
conclusive evidence that any supplemental indenture executed pursuant to this Article 8 complies
with the applicable provisions of this Indenture.

     Section 8.05. Notation on Securities in Respect of Supplemental Indentures. Securities of
any series authenticated and delivered after the execution of any supplemental indenture pursuant
to the provisions of this Article may bear a notation in form approved by the Trustee for such
series as to any matter provided for by such supplemental indenture or as to any action taken by
Securityholders. If the Issuer or the Trustee shall so determine, new Securities of any series so
modified as to conform, in the opinion of the Trustee and the Issuer, to any modification of this
Indenture contained in any such supplemental indenture may be prepared by the Issuer, authenticated
by the Trustee and delivered in exchange for the Securities of such series then Outstanding.

ARTICLE 9

Consolidation, Merger, Sale or Conveyance

     Section 9.01. Successor Corporation Substituted. In case of any merger or consolidation or
sale, lease or conveyance of all or substantially all of the

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Issuer’s assets to any other Person, the successor legal entity or the Person which acquires
by sale, lease or conveyance substantially all the assets of the Issuer (if other than the Issuer)
may succeed to and be substituted for the Issuer, with the same effect as if it had been named
herein. Such successor corporation may cause to be signed, and may issue either in its own name or
in the name of the Issuer prior to such succession any or all holders of the Securities issuable
hereunder which together with any Coupons appertaining thereto theretofore shall not have been
signed by the Issuer and delivered to the Trustee; and, upon the order of such successor
corporation, instead of the Issuer, and subject to all the terms, conditions and limitations in
this Indenture prescribed, the Trustee shall authenticate and shall deliver any Securities together
with any Coupons appertaining thereto which previously shall have been signed and delivered by the
officers of the Issuer to the Trustee for authentication, and any Securities which such successor
corporation thereafter shall cause to be signed and delivered to the Trustee for that purpose. All
of the Securities so issued together with any Coupons appertaining thereto shall in all respects
have the same legal rank and benefit under this Indenture as the Securities theretofore or
thereafter issued in accordance with the terms of this Indenture as though all of such Securities
had been issued at the date of the execution hereof.

     In case of any such consolidation, merger, sale, lease or conveyance such changes in phrasing
and form (but not in substance) may be made in the Securities and Coupons thereafter to be issued
as may be appropriate.

     In the event of any such sale or conveyance (other than a conveyance by way of lease) the
Issuer or any successor corporation which shall theretofore have become such in the manner
described in this Article shall be discharged from all obligations and covenants under this
Indenture and the Securities and may be liquidated and dissolved.

ARTICLE 10

Satisfaction and Discharge of Indenture; Unclaimed Monies

     Section 10.01. Satisfaction and Discharge of Indenture. (a) If at any time (i) the Issuer
shall have paid or caused to be paid the principal of and interest on all the Securities of any
series Outstanding hereunder and all unmatured Coupons appertaining thereto (other than Securities
of such series and Coupons appertaining thereto which have been destroyed, lost or stolen and which
have been replaced or paid as provided in Section 2.09) as and when the same shall have become due
and payable, or (ii) the Issuer shall have delivered to the Trustee for cancellation all Securities
of any series theretofore authenticated and all unmatured Coupons appertaining thereto (other than
any Securities of such series and Coupons appertaining thereto which shall have been destroyed,
lost or stolen and which shall have been replaced or paid as provided in Section 2.09) or (iii) in

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the case of any series of Securities where the exact amount (including the currency of
payment) of principal of and interest due on which can be determined at the time of making the
deposit referred to in clause (B) below, (A) all the Securities of such series and all unmatured
Coupons appertaining thereto not theretofore delivered to the Trustee for cancellation shall have
become due and payable, or are by their terms to become due and payable within one year or are to
be called for redemption within one year under arrangements satisfactory to the Trustee for the
giving of notice of redemption, and (B) the Issuer shall have irrevocably deposited or caused to be
deposited with the Trustee as trust funds the entire amount in cash (other than monies repaid by
the Trustee or any Paying Agent to the Issuer in accordance with Section 10.04) or, in the case of
any series of Securities the payments on which may only be made in Dollars, direct obligations of
the United States of America, backed by its full faith and credit (“U.S. Government Obligations”),
maturing as to principal and interest at such times and in such amounts as will insure the
availability of cash, or a combination thereof, sufficient in the opinion of a nationally
recognized firm of independent public accountants expressed in a written certification thereof
delivered to the Trustee, to pay (1) the principal and interest on all Securities of such series
and Coupons appertaining thereto on each date that such principal or interest is due and payable
and (2) any mandatory sinking fund payments on the dates on which such payments are due and payable
in accordance with the terms of the Indenture and the Securities of such series; and if, in any
such case, the Issuer shall also pay or cause to be paid all other sums payable hereunder by the
Issuer, then this Indenture shall cease to be of further effect (except as to (i) rights of
registration of transfer and exchange of Securities of such Series and of Coupons appertaining
thereto and the Issuer’s right of optional redemption, if any, (ii) substitution of mutilated,
defaced, destroyed, lost or stolen Securities or Coupons, (iii) rights of holders of Securities and
Coupons appertaining thereto to receive payments of principal thereof and interest thereon, upon
the original stated due dates therefor (but not upon acceleration), and remaining rights of the
Holders to receive mandatory sinking fund payments, if any, (iv) the rights, obligations, duties
and immunities of the Trustee hereunder, (v) the rights of the Holders of Securities of such series
and Coupons appertaining thereto as beneficiaries hereof with respect to the property so deposited
with the Trustee payable to all or any of them, and (vi) the obligations of the Issuer under
Section 3.02) and the Trustee, on demand of the Issuer accompanied by an Officers’ Certificate and
an Opinion of Counsel and at the cost and expense of the Issuer, shall execute proper instruments
acknowledging such satisfaction of and discharging this Indenture; provided, that the rights of
Holders of the Securities and Coupons to receive amounts in respect of principal of and interest on
the Securities and Coupons held by them shall not be delayed longer than required by
then-applicable mandatory rules or policies of any securities exchange upon which the Securities
are listed. The Issuer agrees to reimburse the Trustee for any costs or expenses thereafter
reasonably and properly incurred and to compensate the Trustee for any services thereafter

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 reasonably and properly rendered by the Trustee in connection with this Indenture or the
Securities of such series.

     (b) The following provisions shall apply to the Securities of each series unless specifically
otherwise provided in a Board Resolution, Officers’ Certificate or indenture supplemental hereto
provided pursuant to Section 2.03. In addition to discharge of the Indenture pursuant to the next
preceding paragraph, in the case of any series of Securities the exact amounts (including the
currency of payment) of principal of and interest due on which can be determined at the time of
making the deposit referred to in clause (i) below, the Issuer shall be deemed to have paid and
discharged the entire indebtedness on all the Securities of such a series and the Coupons
appertaining thereto on the 91st day after the date of the deposit referred to in clause (i) below,
and the provisions of this Indenture with respect to the Securities of such series and Coupons
appertaining thereto shall no longer be in effect (except as to (1) rights of registration of
transfer and exchange of Securities of such series and of Coupons appertaining thereto and the
Issuer’s right of optional redemption, if any, (2) substitution of mutilated, defaced, destroyed,
lost or stolen Securities or Coupons, (3) rights of Holders of Securities and Coupons appertaining
thereto to receive payments of principal thereof and interest thereon, upon the original stated due
dates therefor (but not upon acceleration), and remaining rights of the Holders to receive
mandatory sinking fund payments, if any, (4) the rights, obligations, duties and immunities of the
Trustee hereunder, (5) the rights of the Holders of Securities of such series and Coupons
appertaining thereto as beneficiaries hereof with respect to the property so deposited with the
Trustee payable to all or any of them and (6) the obligations of the Issuer under Section 3.02) and
the Trustee, at the expense of the Issuer, shall at the Issuer’s request, execute proper
instruments acknowledging the same, if

     (i) with reference to this provision the Issuer has irrevocably deposited or caused
to be irrevocably deposited with the Trustee as trust funds in trust, specifically pledged
as security for, and dedicated solely to, the benefit of the Holders of the Securities of
such series and Coupons appertaining thereto (A) cash in an amount, or (B) in the case of
any series of Securities the payments on which may only be made in Dollars, U.S.
Government Obligations, maturing as to principal and interest at such times and in such
amounts as will insure the availability of cash or (C) a combination thereof, sufficient,
in the opinion of a nationally recognized firm of independent public accountants expressed
in a written certification thereof delivered to the Trustee, to pay (1) the principal and
interest on all Securities of such series and Coupons appertaining thereto on each date
that such principal or interest is due and payable and (2) any mandatory sinking fund
payments on the dates on which such payments are due and payable in accordance with the
terms of the Indenture and the Securities of such series;

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     (ii) such deposit will not result in a breach or violation of, or constitute a
default under, any agreement or instrument to which the Issuer is a party or by which it
is bound;

     (iii) the Issuer has delivered to the Trustee an Opinion of Counsel based on the fact
that (x) the Issuer has received from, or there has been published by, the Internal
Revenue Service a ruling or (y) since the date hereof, there has been a change in the
applicable Federal income tax law, in either case to the effect that, and such opinion
shall confirm that, the Holders of the Securities of such series and Coupons appertaining
thereto will not recognize income, gain or loss for Federal income tax purposes as a
result of such deposit, defeasance and discharge and will be subject to Federal income tax
on the same amount and in the same manner and at the same times, as would have been the
case if such deposit, defeasance and discharge had not occurred; and

     (iv) the Issuer has delivered to the Trustee an Officers’ Certificate and an Opinion
of Counsel, each stating that all conditions precedent provided for relating to the
defeasance contemplated by this provision have been complied with.

     Section 10.02. Application by Trustee of Funds Deposited for Payment Of Securities. Subject
to Section 10.04, all monies deposited with the Trustee (or other trustee) pursuant to Section
10.01 shall be held in trust and applied by it to the payment, either directly or through any
Paying Agent (including the Issuer acting as its own Paying Agent), to the Holders of the
particular Securities of such series and of Coupons appertaining thereto for the payment or
redemption of which such monies have been deposited with the Trustee, of all sums due and to become
due thereon for principal and interest; but such money need not be segregated from other funds
except to the extent required by law.

     Section 10.03. Repayment Of Monies Held By Paying Agent. In connection with the satisfaction
and discharge of this Indenture with respect to Securities of any series, all monies then held by
any Paying Agent under the provisions of this Indenture with respect to such series of Securities
shall, upon demand of the Issuer, be repaid to it or paid to the Trustee and thereupon such Paying
Agent shall be released from all further liability with respect to such monies.

     Section 10.04. Return of Monies Held by Trustee and Paying Agent Unclaimed for Two Years.
Any monies deposited with or paid to the Trustee or any Paying Agent for the payment of the
principal of or interest on any Security of any series or Coupons attached thereto and not applied
but remaining unclaimed for two years after the date upon which such principal or interest shall
have become due and payable, shall, upon the written request of the Issuer and

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unless otherwise required by mandatory provisions of applicable escheat or abandoned or
unclaimed property law, be repaid to the Issuer by the Trustee for such series or such Paying
Agent, and the Holder of the Securities of such series and of any Coupons appertaining thereto
shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or
unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may
be entitled to collect, and all liability of the Trustee or any Paying Agent with respect to such
monies shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before
being required to make any such repayment with respect to monies deposited with it for any payment
(a) in respect of Registered Securities of any series, shall at the expense of the Issuer, mail by
first-class mail to Holders of such Securities at their addresses as they shall appear on the
Security register, and (b) in respect of Bearer Securities of any series, shall at the expense of
the Issuer either give through the customary notice provisions of the clearing system or systems
through which beneficial interests in such Bearer Securities are owned if such Bearer Securities
are held only in global form or cause to be published once, in an Authorized Newspaper in the
Borough of Manhattan, The City of New York and once in an Authorized Newspaper in London (and if
required by Section 3.06, once in an Authorized Newspaper in Luxembourg), notice, that such monies
remain and that, after a date specified therein, which shall not be less than thirty days from the
date of such mailing or publication, any unclaimed balance of such money then remaining will be
repaid to the Issuer.

     Section 10.05. Indemnity for U.S. Government Obligations. The Issuer shall pay and indemnify
the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government
Obligations deposited pursuant to Section 10.01 or the principal or interest received in respect of
such obligations.

ARTICLE 11

Miscellaneous Provisions

     Section 11.01. Incorporators, Stockholders, Officers and Directors of Issuer Exempt From
Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in
this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had
against any incorporator, as such or against any past, present or future stockholder, officer or
director, as such, of the Issuer or of any successor, either directly or through the Issuer or any
successor, under any rule of law, statute or constitutional provision or by the enforcement of any
assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly
waived and released by the acceptance of the Securities and the Coupons appertaining thereto by the
Holders

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thereof and as part of the consideration for the issue of the Securities and the Coupons
appertaining thereto.

     Section 11.02. Provisions of Indenture for the Sole Benefit of Parties and Holders of
Securities and Coupons. Nothing in this Indenture, in the Securities or in the Coupons
appertaining thereto, expressed or implied, shall give or be construed to give to any person, firm
or corporation, other than the parties hereto and their successors and the Holders of the
Securities or Coupons, if any, any legal or equitable right, remedy or claim under this Indenture
or under any covenant or provision herein contained, all such covenants and provisions being for
the sole benefit of the parties hereto and their successors and of the Holders of the Securities or
Coupons, if any.

     Section 11.03. Successors and Assigns of Issuer Bound by Indenture. All the covenants,
stipulations, promises and agreements in this Indenture contained by or in behalf of the Issuer
shall bind its successors and assigns, whether so expressed or not.

     Section 11.04. Notices and Demands on Issuer, Trustee and Holders of Securities and Coupons.
Any notice or demand which by any provision of this Indenture is required or permitted to be given
or served by the Trustee or by the Holders of Securities or Coupons to or on the Issuer may be
given or served by being deposited postage prepaid, first-class mail
or by overnight delivery (except as otherwise
specifically provided herein) addressed (until another address of the Issuer is filed by the Issuer
with the Trustee) to Deutsche Bank Americas, c/o Office of the Secretary, 60 Wall Street, Mail Stop
NYC60-4006, New York, NY 10005, Attention: Corporate Secretary. Any notice, direction, request or
demand by the Issuer or any Holder of Securities or Coupons to or upon the Trustee shall be deemed
to have been sufficiently given or served by being deposited postage prepaid, first-class mail
or by overnight delivery (except as otherwise specifically provided herein) addressed (until another address of the Trustee
is filed by the Trustee with the Issuer) to Law Debenture Trust Company of New York, 767 Third
Avenue, New York, New York 10017, United States of America, Attention: Boris Treyger.

	 	 	 
	If to the Paying Agent or Registrar:

	 	Deutsche Bank Trust Company Americas
	 

	 	[60 Wall Street, 27th Floor
	 

	 	Mail Stop: NYC60-2710
	 

	 	New York, NY 10005
	 

	 	Attention: Trust & Securities Service]
	 
	 	 
	with a copy to :

	 	Deutsche Bank National Trust Company
	 

	 	Attention: Trust & Securities Services
	 

	 	DeForest Avenue
	 

	 	Mail Stop: SUJ01-0105

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	 	Summit, NJ 07901]

     Where this Indenture provides for notice to Holders of Registered Securities, such notice
shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed,
first-class postage prepaid, to each Holder entitled thereto, at its
last address on the books of the Registrar. In any case where notice to such Holders is given by mail, neither the
failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder shall
affect the sufficiency of such notice with respect to other Holders. Where this Indenture provides
for notice in any manner, such notice may be waived in writing by the Person entitled to receive
such notice, either before or after the event, and such waiver shall be the equivalent of such
notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be
a condition precedent to the validity of any action taken in reliance
upon such waiver.

     In case, by reason of the suspension of or irregularities in regular mail service, it shall be
impracticable to mail or send by overnight delivery notice to the Issuer when such notice is required to be given pursuant to any
provision of this Indenture, then any manner of giving such notice as shall be reasonably
satisfactory to the Trustee shall be deemed to be a sufficient giving of such notice.

     Section 11.05. Officers’ Certificates and Opinions of Counsel; Statements to be Contained
Therein. Upon any application or demand by the Issuer to the Trustee to take any action under any
of the provisions of this Indenture, the Issuer shall furnish to the Trustee an Officers’
Certificate stating that all conditions precedent provided for in this Indenture relating to the
proposed action have been complied with and an Opinion of Counsel stating that in the opinion of
such counsel all such conditions precedent have been complied with, except that in the case of any
such application or demand as to which the furnishing of such documents is specifically required by
any provision of this Indenture relating to such particular application or demand, no additional
certificate or opinion need be furnished.

     Each certificate or opinion provided for in this Indenture and delivered to the Trustee with
respect to compliance with a condition or covenant provided for in this Indenture shall include (a)
a statement that the person making such certificate or opinion has read such covenant or condition,
(b) a brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such certificate or opinion are based, (c) a statement that, in
the opinion of such person, he has made such examination or investigation as is necessary to enable
him to express an opinion as to whether or not such covenant or condition has been complied with
and (d) a statement as to whether or not, in the opinion of such person, such condition or covenant
has been complied with.

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     Any certificate, statement or opinion of an officer of the Issuer may be based, insofar as it
relates to legal matters, upon a certificate or opinion of or representations by counsel, unless
such officer knows that the certificate or opinion or representations with respect to the matters
upon which his certificate, statement or opinion may be based as aforesaid are erroneous, or in the
exercise of reasonable care should know that the same are erroneous. Any certificate, statement or
opinion of counsel may be based, insofar as it relates to factual matters, information with respect
to which is in the possession of the Issuer, upon the certificate, statement or opinion of or
representations by an officer or officers of the Issuer, unless such counsel knows that the
certificate, statement or opinion or representations with respect to the matters upon which his
certificate, statement or opinion may be based as aforesaid are erroneous, or in the exercise of
reasonable care should know that the same are erroneous.

     Any certificate, statement or opinion of an officer of the Issuer or of counsel may be based,
insofar as it relates to accounting matters, upon a certificate or opinion of or representations by
an accountant or firm of accountants in the employ of the Issuer, unless such officer or counsel,
as the case may be, knows that the certificate or opinion or representations with respect to the
accounting matters upon which his certificate, statement or opinion may be based as aforesaid are
erroneous, or in the exercise of reasonable care should know that the same are erroneous.

     Any certificate or opinion of any independent firm of public accountants filed with and
directed to the Trustee shall contain a statement that such firm is independent.

     Section 11.06. Payments Due on Saturdays, Sundays or Holidays. Unless otherwise provided in
Securities of a series, if the date of maturity of interest on or principal of the Securities of
any series or any Coupons appertaining thereto or the date fixed for redemption or repayment of any
such Security or Coupon shall not be a Business Day, then payment of interest or principal 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 the date of maturity or the date fixed for redemption, and no interest shall
accrue for the period after such date.

     Section 11.07. Conflict of Any Provision of Indenture With Trust Indenture Act of 1939. If
and to the extent that any provision of this Indenture limits, qualifies or conflicts with the
duties imposed by, or with another provision (an “incorporated provision”) included in this
Indenture by operation of, Sections 310 to 318, inclusive, of the Trust Indenture Act of 1939, such
imposed duties or incorporated provision shall control.

     Section 11.08. New York Law to Govern. This Indenture and each Security and Coupon shall be
deemed to be a contract under the laws of the State

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of New York, and for all purposes shall be construed in accordance with the laws of such
State, except as may otherwise be required by mandatory provisions of law.

     Section 11.09. Counterparts. This Indenture may be executed in any number of counterparts,
each of which shall be an original; but such counterparts shall together constitute but one and the
same instrument.

     Section 11.10. Effect of Headings. The Article and Section headings herein and the Table of
Contents are for convenience only and shall not affect the construction hereof.

     Section 11.11. Securities in a Non-U.S. Currency. Unless otherwise specified in an Officers’
Certificate delivered pursuant to Section 2.03 of this Indenture with respect to a particular
series of Securities, whenever for purposes of this Indenture any action may be taken by the
Holders of a specified percentage in aggregate principal amount of Securities of all series or all
series affected by a particular action at the time Outstanding and, at such time, there are
Outstanding Securities of any series which are denominated in a coin or currency other than
Dollars, then the principal amount of Securities of such series which shall be deemed to be
Outstanding for the purpose of taking such action shall be that amount of Dollars that could be
obtained for such amount at the Market Exchange Rate. For purposes of this Section 11.11, “Market
Exchange Rate” shall mean the noon Dollar buying rate in New York City for cable transfers of that
currency as published by the Federal Reserve Bank of New York. If such Market Exchange Rate is not
available for any reason with respect to such currency, the Issuer
shall appoint a foreign exchange agent to calculate, in its sole
discretion and without liability on its part, such quotation of the Federal Reserve Bank of New
York as of the most recent available date, or quotations from one or more major banks in The City
of New York or in the country of issue of the currency in question,
or such other quotations as such foreign exchange agent shall deem appropriate. The provisions of this paragraph shall apply in determining the
equivalent principal amount in respect of Securities of a series denominated in a currency other
than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of
this Indenture including without limitation any determination contemplated in Section 5.01(b).

     All decisions and determinations regarding the Market Exchange Rate or any
alternative determination provided for in the preceding paragraph shall be in its sole discretion
and shall, in the absence of manifest error, be conclusive to the extent permitted by law for all
purposes and irrevocably binding upon the Issuer and all Holders.

     Section 11.12. Submission to Jurisdiction. The Issuer agrees that any legal suit, action or
proceeding arising out of or based upon this Indenture may be instituted in any State or Federal
court in the Borough of Manhattan, City and

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State of New York, and, to the fullest extent permitted by law, waives any objection which it
may now or hereafter have to the laying of venue of any such proceeding, and irrevocably submits to
the jurisdiction of such court in any suit, action or proceeding. The Issuer has appointed
Deutsche Bank Americas, [c/o Office of the Secretary, 60 Wall Street, Mail Stop NYC60-4006, New
York, New York 10005, Attention: Peter Sturzinger] as its authorized agent (the “Authorized Agent
”) upon which process may be instituted in any State or Federal court in the Borough of Manhattan,
City and State of New York and the Issuer expressly accepts the jurisdiction of any such court in
respect of such action. Such appointment shall be irrevocable unless and until a successor
authorized agent, located or with an office in the Borough of Manhattan, City and State of New
York, shall have been appointed by the Issuer and such appointment shall have been accepted by such
successor authorized agent. The Issuer represents and warrants that the Authorized Agent has
agreed to act as said agent for service of process, and the Issuer agrees to take any and all
action, including the filing of any and all documents and instruments, that may be necessary to
continue such appointment in full force and effect as aforesaid. Service of process upon the
Authorized Agent and written notice of such service to the Issuer shall be deemed, in every
respect, effective service of process upon the Issuer.

     Section 11.13. Judgment Currency. The Issuer agrees, to the fullest extent that it may
effectively do so under applicable law, that (a) if for the purpose of obtaining judgment in any
court it is necessary to convert the sum due in respect of the principal of or interest on the
Securities of any series (the “Required Currency”) into a currency in which a judgment will be
rendered (the “Judgment Currency”), the rate of exchange used shall be the rate at which in
accordance with normal banking procedures the Trustee could purchase in The City of New York the
Required Currency with the Judgment Currency on the day on which final unappealable judgment is
entered, unless such day is not a New York Banking Day, then, to the extent permitted by applicable
law, the rate of exchange used shall be the rate at which in accordance with normal banking
procedures the Trustee could purchase in The City of New York the Required Currency with the
Judgment Currency on the New York Banking Day preceding the day on which final unappealable
judgment is entered and (b) its obligations under this Indenture to make payments in the Required
Currency (i) shall not be discharged or satisfied by any tender, or any recovery pursuant to any
judgment (whether or not entered in accordance with subsection (a)), in any currency other than the
Required Currency, except to the extent that such tender or recovery shall result in the actual
receipt, by the payee, of the full amount of the Required Currency expressed to be payable in
respect of such payments, (ii) shall be enforceable as an alternative or additional cause of action
for the purpose of recovering in the Required Currency the amount, if any, by which such actual
receipt shall fall short of the full amount of the Required Currency so expressed to

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be payable and (iii) shall not be affected by judgment being obtained for any other sum due
under this Indenture. For purposes of the foregoing, “New York Banking Day” means any day except a
Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions
in The City of New York are authorized or required by law or executive order to close.

ARTICLE 12

Redemption of Securities and Sinking Funds

     Section 12.01. Applicability of Article. The provisions of this Article shall be applicable
to the Securities of any series which are redeemable before their maturity or to any sinking fund
for the retirement of Securities of a series except as otherwise specified as contemplated by
Section 2.03 for Securities of such series.

     Section 12.02. Notice of Redemption; Partial Redemptions. Notice of redemption to the
Holders of Registered Securities of any series to be redeemed as a whole or in part at the option
of the Issuer shall be given by mailing notice of such redemption by first class mail, postage
prepaid, to such Holders of Securities of such series at their last addresses as they shall appear
upon the registry books at least 30 days and not more than 60 days prior to the date fixed for
redemption, or within such other redemption notice period as has been designated for any Securities
of such series pursuant to Section 2.03 or 2.04 (the “Redemption Notice Period”). Notice of
redemption to the Holders of Bearer Securities to be redeemed as a whole or in part, who have filed
their names and addresses with the Trustee within two years preceding such notice of redemption,
shall be given by mailing notice of such redemption, by first class mail, postage prepaid, at least
30 and not more than 60 days prior to the date fixed for redemption or within any applicable
Redemption Notice Period to such Holders at such addresses as were so furnished to the Trustee
(and, in the case of any such notice given by the Issuer, the Trustee shall make such information
available to the Issuer for such purpose). Notice of redemption to all other Holders of Bearer
Securities shall be published by the Issuer in an Authorized Newspaper in the Borough of Manhattan,
The City of New York and in an Authorized Newspaper in London (and, if required by Section 3.06, in
an Authorized Newspaper in Luxembourg), in each case, once in each of three successive calendar
weeks, the first publication to be not less than 30 nor more than 60 days prior to the date fixed
for redemption or within any applicable Redemption Notice Period; provided that notice to Holders
of Bearer Securities held only in global form may be made, at the option of the Issuer, through the
customary notice provisions of the clearing system or systems through which beneficial interests in
such Bearer Securities are owned. Any notice which is mailed in the manner herein provided shall
be conclusively presumed to have been duly given, whether or not the Holder receives the notice.

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Failure to give notice by mail, or any defect in the notice to the Holder of any Security of a
series designated for redemption as a whole or in part shall not affect the validity of the
proceedings for the redemption of any other Security of such series.

     The notice of redemption to each such Holder shall specify, the principal amount of each
Security of such series held by such Holder to be redeemed, the CUSIP number, the date fixed for
redemption, the redemption price (or if not then ascertainable, the manner of calculation thereof),
the place or places of payment, that payment will be made upon presentation and surrender of such
Securities and, in the case of Securities with Coupons attached thereto, of all Coupons
appertaining thereto maturing after the date fixed for redemption, that such redemption is pursuant
to the mandatory or optional sinking fund, or both, if such be the case, that interest accrued to
the date fixed for redemption will be paid as specified in such notice and that on and after said
date interest thereon or on the portions thereof to be redeemed will cease to accrue. In case any
Security of a series is to be redeemed in part only the notice of redemption shall state the
portion of the principal amount thereof to be redeemed and shall state that on and after the date
fixed for redemption, upon surrender of such Security, a new Security or Securities of such series
in principal amount equal to the unredeemed portion thereof will be issued.

     The notice of redemption of Securities of any series to be redeemed at the option of the
Issuer shall be given by the Issuer or, at the Issuer’s request, by the Trustee in the name and at
the expense of the Issuer.

     On or before the redemption date specified in the notice of redemption given as provided in
this Section, the Issuer will deposit with the Trustee or with one or more Paying Agents (or, if
the Issuer is acting as its own Paying Agent, set aside, segregate and hold in trust as provided in
Section 3.04) an amount of money or other property sufficient to redeem on the redemption date all
the Securities of such series so called for redemption at the appropriate redemption price,
together with accrued interest to the date fixed for redemption. The Issuer will deliver to the
Trustee at least 45 days prior to the date fixed for redemption or no more than 60 days prior to
the first day of any applicable Redemption Notice Period an Officers’ Certificate stating the
aggregate principal amount of Securities to be redeemed. In case of a redemption at the election
of the Issuer prior to the expiration of any restriction on such redemption, the Issuer shall
deliver to the Trustee, prior to the giving of any notice of redemption to Holders pursuant to this
Section, an Officers’ Certificate stating that such restriction has been complied with.

     If less than all the Securities of a series are to be redeemed, the Registrar shall select, in
such manner as it shall deem appropriate and fair, Securities of such Series to be redeemed in
whole or in part. Securities may be redeemed in

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part in multiples equal to the minimum authorized denomination for Securities of such series
or any multiple thereof. The Registrar shall promptly notify the Issuer in writing of the
Securities of such series selected for redemption and, in the case of any Securities of such series
selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of
this Indenture, unless the context otherwise requires, all provisions relating to the redemption of
Securities of any series shall relate, in the case of any Security redeemed or to be redeemed only
in part, to the portion of the principal amount of such Security which has been or is to be
redeemed.

     Section 12.03. Payment of Securities Called For Redemption. If notice of redemption has been
given as above provided, the Securities or portions of Securities specified in such notice shall
become due and payable on the date and at the place stated in such notice at the applicable
redemption price, together with interest accrued to the date fixed for redemption, and on and after
said date (unless the Issuer shall default in the payment of such Securities at the redemption
price, together with interest accrued to said date) interest on the Securities or portions of
Securities so called for redemption shall cease to accrue, and the unmatured Coupons, if any,
appertaining thereto shall be void, and, except as provided in Sections 6.05 and 10.04, such
Securities shall cease from and after the date fixed for redemption to be entitled to any benefit
or security under this Indenture, and the Holders thereof shall have no right in respect of such
Securities except the right to receive the redemption price thereof and unpaid interest to the date
fixed for redemption. On presentation and surrender of such Securities at a place of payment
specified in said notice, together with all Coupons, if any, appertaining thereto maturing after
the date fixed for redemption, said Securities or the specified portions thereof shall be paid and
redeemed by the Issuer at the applicable redemption price, together with interest accrued thereon
to the date fixed for redemption; provided that payment of interest becoming due on or prior to the
date fixed for redemption shall be payable in the case of Securities with Coupons attached thereto,
to the Holders of the Coupons for such interest upon surrender thereof, and in the case of
Registered Securities, to the Holders of such Registered Securities registered as such on the
relevant record date subject to the terms and provisions of Sections 2.03 and 2.07 hereof.

     If any Security called for redemption shall not be so paid upon surrender thereof for
redemption, the principal shall, until paid or duly provided for, bear interest from the date fixed
for redemption at the rate of interest or Yield to Maturity (in the case of an Original Issue
Discount Security) borne by such Security.

     If any Security with Coupons attached thereto is surrendered for redemption and is not
accompanied by all appurtenant Coupons maturing after the date fixed for redemption, the surrender
of such missing Coupon or Coupons may

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be waived by the Issuer and the Trustee, if there be furnished to each of them such security
or indemnity as they may require to save each of them harmless.

     Upon presentation of any Security other than a Registered Global Security redeemed in part only, the Issuer shall execute and the
Trustee shall authenticate and deliver to or on the order of the Holder thereof, at the expense of
the Issuer, a new Security or Securities of such series, of authorized denominations, in principal
amount equal to the unredeemed portion of the Security so presented.

     Section 12.04. Exclusion of Certain Securities From Eligibility for Selection for Redemption.
Securities shall be excluded from eligibility for selection for redemption if they are identified
by registration and certificate number in an Officers’ Certificate delivered to the Trustee at
least 40 days prior to the last date on which notice of redemption may be given as being owned of
record and beneficially by, and not pledged or hypothecated by either (a) the Issuer or (b) an
entity specifically identified in such written statement as directly or indirectly controlling or
controlled by or under direct or indirect common control with the Issuer.

     Section 12.05. Mandatory and Optional Sinking Funds. The minimum amount of any sinking fund
payment provided for by the terms of the Securities of any series is herein referred to as a
“mandatory sinking fund payment”, and any payment in excess of such minimum amount provided for by
the terms of the Securities of any series is herein referred to as an “optional sinking fund
payment”. The date on which a sinking fund payment is to be made is herein referred to as the
“sinking fund payment date”.

     In lieu of making all or any part of any mandatory sinking fund payment with respect to any
series of Securities in cash, the Issuer may at its option (a) deliver to the Trustee Securities of
such series theretofore purchased or otherwise acquired (except upon redemption pursuant to the
mandatory sinking fund) by the Issuer or receive credit for Securities of such series (not
previously so credited) theretofore purchased or otherwise acquired (except as aforesaid) by the
Issuer and delivered to the Trustee for cancellation pursuant to Section 2.10, (b) receive credit
for optional sinking fund payments (not previously so credited) made pursuant to this Section, or
(c) receive credit for Securities of such series (not previously so credited) redeemed by the
Issuer through any optional redemption provision contained in the terms of such series. Securities
so delivered or credited shall be received or credited by the Trustee at the sinking fund
redemption price specified in such Securities.

     On or before the 60th day immediately preceding each sinking fund payment date or the 30th day
immediately preceding the last day of any applicable Redemption Notice Period relating to a sinking
fund payment date for any series, the Issuer will deliver to the Trustee an Officers’ Certificate
(which

65

 

need not contain the statements required by Section 11.05) (a) specifying the portion of the
mandatory sinking fund payment to be satisfied by payment of cash and the portion to be satisfied
by credit of Securities of such series and the basis for such credit, (b) stating that none of the
Securities of such series has theretofore been so credited, (c) stating that no defaults in the
payment of interest or Events of Default with respect to such series have occurred (which have not
been waived or cured) and are continuing and (d) stating whether or not the Issuer intends to
exercise its right to make an optional sinking fund payment with respect to such series and, if so,
specifying the amount of such optional sinking fund payment which the Issuer intends to pay on or
before the next succeeding sinking fund payment date. Any Securities of such series to be credited
and required to be delivered to the Trustee in order for the Issuer to be entitled to credit
therefor as aforesaid which have not theretofore been delivered to the Trustee shall be delivered
for cancellation pursuant to Section 2.10 to the Trustee with such Officers’ Certificate (or
reasonably promptly thereafter if acceptable to the Trustee). Such Officers’ Certificate shall be
irrevocable and upon its receipt by the Trustee the Issuer shall become unconditionally obligated
to make all the cash payments or payments therein referred to, if any, on or before the next
succeeding sinking fund payment date. Failure of the Issuer, on or before any such 60th day or
30th day, if applicable, to deliver such Officers’ Certificate and Securities specified in this
paragraph, if any, shall not constitute a default but shall constitute, on and as of such date, the
irrevocable election of the Issuer (i) that the mandatory sinking fund payment for such series due
on the next succeeding sinking fund payment date shall be paid entirely in cash without the option
to deliver or credit Securities of such series in respect thereof and (ii) that the Issuer will
make no optional sinking fund payment with respect to such series as provided in this Section.

     If the sinking fund payment or payments (mandatory or optional or both) to be made in cash on
the next succeeding sinking fund payment date plus any unused balance of any preceding sinking fund
payments made in cash shall exceed $50,000 (or the equivalent thereof in any Non-U.S. Currency) or
a lesser sum in Dollars (or the equivalent thereof in any Non-U.S. Currency) if the Issuer shall so
request with respect to the Securities of any particular series, such cash shall be applied on the
next succeeding sinking fund payment date to the redemption of Securities of such series at the
sinking fund redemption price together with accrued interest to the date fixed for redemption. If
such amount shall be $50,000 (or the equivalent thereof in any Non-U.S. Currency) or less and the
Issuer makes no such request then it shall be carried over until a sum in excess of $50,000 (or the
equivalent thereof in any Non-U.S. Currency) is available. The Trustee shall select, in the manner
provided in Section 12.02, for redemption on such sinking fund payment date a sufficient principal
amount of Securities of such series to absorb said cash, as nearly as may be, and shall (if
requested in writing by the Issuer) inform the Issuer of the serial numbers of the Securities of
such

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series (or portions thereof) so selected. Securities shall be excluded from eligibility for
redemption under this Section if they are identified by registration and certificate number in an
Officers’ Certificate delivered to the Trustee at least 60 days prior to the sinking fund payment
date or at least 30 days prior to the last day of any applicable Redemption Notice Period relating
to a sinking fund payment date as being owned of record and beneficially by, and not pledged or
hypothecated by either (a) the Issuer or (b) an entity specifically identified in such Officers’
Certificate as directly or indirectly controlling or controlled by or under direct or indirect
common control with the Issuer. The Trustee, in the name and at the expense of the Issuer (or the
Issuer, if it shall so request the Trustee in writing) shall cause notice of redemption of the
Securities of such series to be given in substantially the manner provided in Section 12.02 (and
with the effect provided in Section 12.03) for the redemption of Securities of such series in part
at the option of the Issuer. The amount of any sinking fund payments not so applied or allocated
to the redemption of Securities of such series shall be added to the next cash sinking fund payment
for such series and, together with such payment, shall be applied in accordance with the provisions
of this Section. Any and all sinking fund monies held on the stated maturity date of the
Securities of any particular series (or earlier, if such maturity is accelerated), which are not
held for the payment or redemption of particular Securities of such series shall be applied,
together with other monies, if necessary, sufficient for the purpose, to the payment of the
principal of, and interest on, the Securities of such series at maturity.

     On or before each sinking fund payment date, the Issuer shall pay to the Trustee in cash or
shall otherwise provide for the payment of all interest accrued to the date fixed for redemption on
Securities to be redeemed on the next following sinking fund payment date.

     The Trustee shall not redeem or cause to be redeemed any Securities of a series with sinking
fund monies or give any notice of redemption of Securities for such series by operation of the
sinking fund during the continuance of a default in payment of interest on such Securities or of
any Event of Default except that, where notice of redemption of any Securities shall theretofore
have been given, the Trustee shall redeem or cause to be redeemed such Securities, provided that it
shall have received from the Issuer a sum sufficient for such redemption. Except as aforesaid, any
monies in the sinking fund for such series at the time when any such default or Event of Default
shall occur, and any monies thereafter paid into the sinking fund, shall, during the continuance of
such default or Event of Default, be deemed to have been collected under Article 5 and held for the
payment of all such Securities. In case such Event of Default shall have been waived as provided
in Section 5.10 or the default cured on or before the 60th day preceding the sinking fund payment
date in any year, such monies shall thereafter be applied on the next succeeding sinking fund
payment date in accordance with this Section to the redemption of such Securities.

67

 

     IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed, all as of                      ___, 200_.

	 	 	 	 	 
	 	DEUTSCHE BANK AKTIENGESELLSCHAFT

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	LAW DEBENTURE TRUST COMPANY OF NEW YORK, TRUSTEE

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	DEUTSCHE BANK TRUST COMPANY AMERICAS, as
Paying Agent, Issuing Agent and Registrar

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

68

 

	 	 	 	 	 	 	 	 	 
	STATE OF NEW YORK

	 	 	)	 	 	 	 	 
	 

	 	 	)	 	 	ss.:
	 	 
	COUNTY OF NEW YORK

	 	 	)	 	 	 	 	 

     On
this ___day of
                    ,
200        before me personally came                     , to me personally known, who,
being by me duly sworn, did depose and say that he resides at                                          that he is a
                                         of Law Debenture Trust Company of New York, one of the corporations described in
and which executed the above instrument; and that he signed his name thereto by authority of
the Board of said corporation.

[NOTARIAL SEAL]

	 	 	 	 	 
	 

	 	 

Notary Public
	 	 

69

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