Document:

EXHIBIT 10.1

 

EMPLOYMENT AGREEMENT

 

EMPLOYMENT AGREEMENT (this “Agreement”) dated as of January 12, 2015, by and between UNITED HEALTH PRODUCTS, INC., a Nevada corporation (“Company”) and Douglas Beplate (“Employee”).

 

W I T N E S S E T H:

 

WHEREAS, Company desires to engage the services of Employee and Employee desires to provide the services to Company in connection with Company’s business; and

 

WHEREAS, both parties desire to clarify and specify the rights and obligations which each have with respect to the other in connection with Employee’s services.

 

NOW, THEREFORE, in consideration of the agreements and covenants herein set forth, the parties hereby agree as follows:

 

1. Employment

 

Employee hereby agrees to be employed by Company as Chief Executive Officer of the Company, and Employee hereby agrees to render his services in such capacity for the Term (as hereinafter defined), all subject to and on the terms and conditions herein set forth.

 

2. Duties and Responsibilities of Employee

 

(a) Employee will be the Chief Executive Officer of Company, subject to the other provisions of this Section 2. Employee may work from his home office so long as Employee is able to perform the duties associated with Chief Executive Officer of the Company in accordance with the Company’s By-Laws.

 

(b) During the term of this Agreement, Employee will exercise such authority, perform such executive duties and functions and discharge such responsibilities as he deems appropriate as are customarily vested in an officer of a public company with said title.

 

3. Exclusivity of Service 

 

The Company agrees that Employee shall be required to devote the necessary business time, effort and attention to the business and efforts of the Company and its subsidiaries as the Company deems necessary for the performance of his duties. Employee may pursue other outside business interests that are not related to the same business as the Company, as long as it does not interfere with the Employee’s responsibilities for the Company.

 

	 
	
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4. Compensation; Bonus

 

(a) In consideration for Employee’s services to be performed under this Agreement and as compensation therefor, Company shall pay to Employee, commencing as of the date set forth above, a base salary at the rate of Eight Thousand Three Hundred Thirty-Three ($8,333) Dollars per month (the “Employee Base Salary”) which Employee Base Salary may be increased in the sole discretion of the Board. The Board shall determine whether to pay Employee’s Base Salary on a monthly basis, weekly basis or some other convenient mutually acceptable basis.

 

(b) As a signing bonus, Employee shall receive 11,100,000 shares of restricted common stock of the Company upon the execution of this Agreement.

 

(c) In addition to the Employee Base Salary, Employee shall receive an annual or other bonus at the sole discretion of the Board of Directors of the Company.

 

(d) Employee shall be rewarded annually a restricted stock bonus equal to 2 1⁄2 % of gross sales with the number of shares computed based upon the average closing sales price of the Company’s common stock in the month of December of each year.

 

(e) Upon the sale of all or substantially all of the assets of the Company or other change in control or merger transaction in which the Company is involved, Employee will be rewarded with a number of shares of restricted common stock of the Company which equals 5% of the then outstanding shares of the Company’s common stock on a fully diluted basis.

 

(f) Employee shall be entitled to reimbursement of all out-of-pocket expenses incurred on behalf of the Company. Employee reimbursement for amounts in excess of $5,000 shall be approved in writing by another executive officer of the Company.

 

5. Indemnification

 

Employee shall be entitled to the following during and in respect of the term of this Agreement:

 

The Company shall provide to Employee to the full extent provided for under the laws of the Company’s state of incorporation and the Company’s Certificate of Incorporation and Bylaws, indemnification for any claim or lawsuit which may be asserted against Employee when acting in such capacity for the Company and/or any subsidiary or affiliated business. The Company shall use reasonable best efforts to include Employee as an insured under all applicable directors’ and officers’ liability insurance policies maintained by the Company, and any other subsidiary or affiliated business.

 

6.  Additional Compensation

 

In the event the Company seeks to terminate this Agreement in connection with a change in control, merger and/or strategic acquisition, the Board of Directors of the Company may determine in its sole discretion to provide termination pay in the form of cash, stock and/or other securities.

 

	 
	
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7. Term of Employment

 

Employee’s employment with the Company shall be considered an employee “at will,” except for the notice provisions provided in the next sentence. Employee and the Company agree to provide 30 days prior written notice to the other party prior to the termination of Employee’s employment with the Company.

 

8. Non-Competition; Non-Solicitation

 

(a) Employee hereby agrees and covenants that during the Term hereof that he will not directly or indirectly engage in or become interested (whether as an owner, principal, agent, stockholder, member, partner, trustee, venturer, lender or other investor, director, officer, employee, consultant or through the agency of any corporation, limited liability company, partnership, association or agent or otherwise) in any business enterprise which is engaged in the current business of the Company during the Term; provided, however, that ownership of not more than 15% of the outstanding securities of any class of any entity that are listed on a national securities exchange or traded in the over-the-counter market shall not be considered a breach of this Section 8.

 

(b) Employee agrees and covenants that during the Term hereof he and his agents will not (without first obtaining the written permission of Company) directly or indirectly participate in the solicitation of any business of any type conducted by Company during the period of this Agreement from any person or entity which was a client or customer of Company during the period of this Agreement, or was a prospective customer of Company from which Employee solicited business or for which a proposal for submission was prepared during the period.

 

(c) Employee agrees and covenants that during the Term of this Agreement he will not (without first obtaining the written permission of Company) directly or indirectly recruit for employment, or induce or seek to cause such person to terminate his or her employment with Company, any person who then is an employee of Company or who was an employee of Company during the preceding six (6) months.

 

9. Violation of Other Agreements and Authority

 

Employee represents and warrants to Company that he is legally able to enter into this Agreement; that he is not prohibited by the terms of any agreement, understanding or policy from entering into this Agreement; that the terms hereof will not and do not violate or contravene the terms of any agreement, understanding or policy to which Employee is or may be a party, or by which Employee may be bound; that Employee is under no physical or mental disability that would materially interfere with the performance of his duties under this Agreement. Employee agrees that, as it is a material inducement to Company that Employee make the foregoing representations and warranties and that they be true in all material respects.

 

	 
	
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10. Company Authority Relative to this Agreement

 

The Company has the requisite corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement. The Board of Directors of the Company has duly authorized the execution and delivery of this Agreement by the Company and the consummation by the Company of the transactions contemplated on its part by this Agreement, and no other corporate proceedings on the part of the Company are necessary to authorize this Agreement or for the Company to consummate the transactions contemplated by it. The Company has duly validly executed and delivered this Agreement and it is a valid and binding Agreement of the Company, enforceable against the Company in accordance with its terms, subject to bankruptcy or insolvency laws affecting creditors’ rights generally and to general principles of equity.

 

11. Notices

 

Any and all notices, demands or requests required or permitted to be given under this Agreement shall be given in writing and sent by email to the email address set forth at the foot of this Agreement. In the case of Employee sending an email to the Company, Employee shall provide a formal notice to each Board member with a copy to Morse & Morse, PLLC, as corporate/securities counsel.

 

12. Waivers

 

No waiver by any party of any default with respect to any provision, condition or requirement hereof shall be deemed to be a waiver of any other provision, condition or requirement hereof; nor shall any delay or omission of any party to exercise any right hereunder in any manner impair the exercise of any such right accruing to it thereafter.

 

13. Preservation of Intent

 

Should any provision of this Agreement be determined by a court having jurisdiction in the premises to be illegal or in conflict with any laws of any state or jurisdiction or otherwise unenforceable, Company and Employee agree that such provision shall be modified to the extent legally possible so that the intent of this Agreement may be legally carried out.

 

14. Entire Agreement

 

This Agreement sets forth the entire and only agreement or understanding between the parties relating to the subject matter hereof and supersedes and cancels all previous agreements, negotiations, letters of intent, correspondence, commitments and representations in respect thereof among them, and no party shall be bound by any conditions, definitions, warranties or representations with respect to the subject matter of this Agreement except as provided in this Agreement.

 

	 
	
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15. Inurement; Assignment

 

The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon any successor of Company or to the business of Company, subject to the provisions hereof. Neither this Agreement nor any rights or obligations of Employee hereunder shall be transferable or assignable by Employee.

 

16. Amendment

 

This Agreement may not be amended in any respect except by an instrument in writing signed by the parties hereto.

 

17. Headings

 

The headings in this Agreement are solely for convenience of reference and shall be given no effect in the construction or interpretation of this Agreement.

 

18. Counterparts

 

This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument.

 

19. Governing Law

 

This Agreement shall be governed by, construed and enforced in accordance with the internal laws of the State of Nevada, without giving reference to principles of conflict of laws. Any lawsuit commenced under the terms of this Agreement shall be commenced in a federal and/or state court located in Las Vegas, Nevada.

 

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

  

	 	UNITED HEALTH PRODUCTS, INC.	 
	 	 	 	 
		By:	/s/ Nate Knight	 
	 	 	Nate Knight, Chief Financial Officer Officer	 
	 	 	Email address: nate_knight@hotmail.com	 
	 	 	 	 
		By:	/s/ Douglas Beplate	
			
Douglas Beplate,

	
			
Email address:

	
			
d.beplate@unitedhealthproductsinc.com

	
			
douglas@bpl8.com

	

 

 

6Exhibit 4.1

 

NCI
BUILDING SYSTEMS, INC.

 

and

 

the Subsidiary Guarantors from time to time
parties hereto

 

and

 

WILMINGTON TRUST, NATIONAL ASSOCIATION

as Trustee

 

 

 

INDENTURE

 

DATED AS OF January 16, 2015

 

 

 

PROVIDING FOR ISSUANCE OF NOTES IN SERIES

 

    	 

    	 

    

 

TABLE OF CONTENTS

 

	 	 	Page
	 	 	 
	ARTICLE I	 
	 	 
	DEFINITIONS AND OTHER PROVISIONS	 
	OF GENERAL APPLICATION	 
	 	 	 
	Section 101.	Definitions	1
	Section 102.	Other Definitions	47
	Section 103.	Rules of Construction	48
	Section 104.	Incorporation by Reference of TIA	49
	Section 105.	Conflict with TIA	50
	Section 106.	Compliance Certificates and Opinions	50
	Section 107.	Form of Documents Delivered to Trustee	51
	Section 108.	Acts of Noteholders; Record Dates	51
	Section 109.	Notices, Etc., to Trustee and Company	54
	Section 110.	Notices to Holders; Waiver	54
	Section 111.	Effect of Headings and Table of Contents	55
	Section 112.	Successors and Assigns	55
	Section 113.	Separability Clause	55
	Section 114.	Benefits of Indenture	55
	Section 115.	GOVERNING LAW	55
	Section 116.	Legal Holidays	55
	Section 117.	No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders	55
	Section 118.	Exhibits and Schedules	56
	Section 119.	Counterparts	56
	Section 120.	Force Majeure	56
	Section 121.	Limited Condition Acquisition	56
	 	 	 
	ARTICLE II	 
	 	 
	NOTE FORMS	 
	 	 	 
	Section 201.	Forms Generally	57
	Section 202.	Form of Trustee’s Certificate of Authentication	59
	Section 203.	Restrictive and Global Note Legends	60
	 	 	 
	ARTICLE III	 
	 	 
	THE NOTES	 
	 	 	 
	Section 301.	Amount Unlimited; Issuable in Series	63

 

    	i

    	 

    

 

Table of Contents

(continued)

 

	 	 	Page
	 	 	 
	Section 302.	Denominations	64
	Section 303.	Execution, Authentication and Delivery and Dating	64
	Section 304.	Temporary Notes	65
	Section 305.	Note Registrar and Paying Agent	65
	Section 306.	Mutilated, Destroyed, Lost and Stolen Notes	66
	Section 307.	Payment of Interest Rights Preserved	67
	Section 308.	Persons Deemed Owners	68
	Section 309.	Cancellation	68
	Section 310.	Computation of Interest	69
	Section 311.	CUSIP Numbers, ISINs, Etc.	69
	Section 312.	Book-Entry Provisions for Global Notes	69
	Section 313.	Special Transfer Provisions	71
	Section 314.	Payment of Additional Interest	74
	 	 	 
	ARTICLE IV	 
	 	 
	COVENANTS	 
	 	 	 
	Section 401.	Payment of Principal, Premium and Interest	74
	Section 402.	Maintenance of Office or Agency	74
	Section 403.	Money for Payments to Be Held in Trust	75
	Section 404.	[Reserved]	76
	Section 405.	SEC Reports	76
	Section 406.	Statement as to Default	79
	Section 407.	Limitation on Indebtedness	79
	Section 408.	[Reserved]	84
	Section 409.	Limitation on Restricted Payments	84
	Section 410.	Limitation on Restrictions on Distributions from Restricted Subsidiaries	89
	Section 411.	Limitation on Sales of Assets and Subsidiary Stock	91
	Section 412.	Limitation on Transactions with Affiliates	95
	Section 413.	Limitation on Liens	97
	Section 414.	Future Subsidiary Guarantors	97
	Section 415.	Purchase of Notes Upon a Change of Control	97
	Section 416.	Suspension of Covenants on Achievement of Investment Grade Rating	99
	 	 	 
	ARTICLE V	 
	 	 
	SUCCESSORS	 
	 	 	 
	Section 501.	When the Company May Merge, Etc.	100
	Section 502.	Successor Company Substituted	102

 

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Table of Contents

(continued)

 

	 	 	Page
	 	 	 
	ARTICLE VI	 
	 	 
	REMEDIES	 
	 	 	 
	Section 601.	Events of Default	102
	Section 602.	Acceleration of Maturity; Rescission and Annulment	104
	Section 603.	Other Remedies; Collection Suit by Trustee	105
	Section 604.	Trustee May File Proofs of Claim	105
	Section 605.	Trustee May Enforce Claims Without Possession of Notes	105
	Section 606.	Application of Money Collected	106
	Section 607.	Limitation on Suits	106
	Section 608.	Unconditional Right of Holders to Receive Principal and Interest	106
	Section 609.	Restoration of Rights and Remedies	107
	Section 610.	Rights and Remedies Cumulative	107
	Section 611.	Delay or Omission Not Waiver	107
	Section 612.	Control by Holders	107
	Section 613.	Waiver of Past Defaults	108
	Section 614.	Undertaking for Costs	108
	Section 615.	Waiver of Stay, Extension or Usury Laws	108
	 	 	 
	ARTICLE VII	 
	 	 
	THE TRUSTEE	 
	 	 	 
	Section 701.	Certain Duties and Responsibilities	109
	Section 702.	Notice of Defaults	110
	Section 703.	Certain Rights of Trustee	110
	Section 704.	Not Responsible for Recitals or Issuance of Notes	111
	Section 705.	May Hold Notes	111
	Section 706.	Money Held in Trust	111
	Section 707.	Compensation and Reimbursement	112
	Section 708.	Conflicting Interests	112
	Section 709.	Corporate Trustee Required; Eligibility	113
	Section 710.	Resignation and Removal; Appointment of Successor	113
	Section 711.	Acceptance of Appointment by Successor	114
	Section 712.	Merger, Conversion, Consolidation or Succession to Business	114
	Section 713.	Preferential Collection of Claims Against the Company	115
	Section 714.	Appointment of Authenticating Agent	115
	 	 	 
	ARTICLE VIII	 
	 	 
	HOLDERS’ LISTS AND REPORTS BY	 
	TRUSTEE AND THE COMPANY	 
	 	 	 
	Section 801.	The Company to Furnish Trustee Names and Addresses of Holders	115

 

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Table of Contents

(continued)

 

	 	 	Page
	 	 	 
	Section 802.	Preservation of Information; Communications to Holders	115
	Section 803.	Reports by Trustee	116
	 	 	 
	ARTICLE IX	 
	 	 
	AMENDMENT, SUPPLEMENT OR WAIVER	 
	 	 	 
	Section 901.	Without Consent of Holders	116
	Section 902.	With Consent of Holders	117
	Section 903.	Execution of Amendments, Supplements or Waivers	118
	Section 904.	Revocation and Effect of Consents	119
	Section 905.	Conformity with TIA	119
	Section 906.	Notation on or Exchange of Notes	119
	 	 	 
	ARTICLE X	 
	 	 
	REDEMPTION OF NOTES	 
	 	 	 
	Section 1001.	Applicability of Article	119
	Section 1002.	[Reserved]	120
	Section 1003.	Election to Redeem; Notice to Trustee	120
	Section 1004.	Selection by Trustee of Notes to Be Redeemed	120
	Section 1005.	Notice of Redemption	120
	Section 1006.	Deposit of Redemption Price	122
	Section 1007.	Notes Payable on Redemption Date	122
	Section 1008.	Notes Redeemed in Part	122
	 	 	 
	ARTICLE XI	 
	 	 
	SATISFACTION AND DISCHARGE	 
	 	 	 
	Section 1101.	Satisfaction and Discharge of Indenture	123
	Section 1102.	Application of Trust Money	124
	 	 	 
	ARTICLE XII	 
	 	 
	DEFEASANCE OR COVENANT DEFEASANCE	 
	 	 	 
	Section 1201.	The Company’s Option to Effect Defeasance or Covenant Defeasance	124
	Section 1202.	Defeasance and Discharge	125
	Section 1203.	Covenant Defeasance	125
	Section 1204.	Conditions to Defeasance or Covenant Defeasance	126
	Section 1205.	Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions	127
	Section 1206.	Reinstatement	128

 

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Table of Contents

(continued)

 

	 	 	Page
	 	 	 
	Section 1207.	Repayment to the Company	128
	 	 	 
	ARTICLE XIII	 
	 	 
	SUBSIDIARY GUARANTEES	 
	 	 	 
	Section 1301.	Guarantees Generally	128
	Section 1302.	Continuing Guarantees	130
	Section 1303.	Release of Subsidiary Guarantees	131
	Section 1304.	[Reserved]	131
	Section 1305.	Waiver of Subrogation	132
	Section 1306.	Notation Not Required	132
	Section 1307.	Successors and Assigns of Subsidiary Guarantors	132
	Section 1308.	Execution and Delivery of Subsidiary Guarantees	132
	Section 1309.	Notices	132

 

	Exhibit A	Form of Initial Note
	Exhibit B	Form of Exchange Note
	Exhibit C	Form of Certificate of Beneficial Ownership
	Exhibit D	Form of Regulation S Certificate
	Exhibit E	Form of Supplemental Indenture in Respect of Subsidiary Guarantees
	Exhibit F	Form of Certificate from Acquiring Institutional Accredited Investors
	Exhibit G	Form of Supplemental Indenture Establishing a Series of Notes

 

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Following the qualification of this
Indenture under the Trust Indenture Act of 1939, certain Sections of this Indenture relating to Sections 310 through 318
shall be inclusive of the Trust Indenture Act of 1939:

 

	Trust Indenture Act Section	 	Indenture Section
	 	 	 
	§ 310(a)(1)	 	709
	(a)(2)	 	709
	(a)(3)	 	Not Applicable
	(a)(4)	 	Not Applicable
	(b)	 	708
	§ 311(a)	 	713
	(b)	 	713
	(b)(2)	 	803
	§ 312(a)	 	801
	 	 	802
	(b)	 	802
	(c)	 	802
	§ 313(a)	 	803
	(b)	 	803
	(c)	 	803
	(d)	 	803
	§ 314(a)	 	405
	(a)(4)	 	106
	 	 	406
	(b)	 	Not Applicable
	(c)(1)	 	106
	(c)(2)	 	106
	(c)(3)	 	Not Applicable
	(d)	 	Not Applicable
	(e)	 	106
	§ 315(a)	 	701
	(b)	 	702
	 	 	803
	(c)	 	701
	(d)	 	701
	(d)(1)	 	701
	(d)(2)	 	701
	(d)(3)	 	612
	(e)	 	614

 

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	Trust Indenture Act Section	 	Indenture Section
	 	 	 
	§ 316(a)	 	612
	 	 	613
	(a)(1)(A)	 	602
	 	 	612
	(a)(1)(B)	 	613
	(a)(2)	 	Not Applicable
	(b)	 	608
	(c)	 	104
	§ 317(a)(1)	 	603
	(a)(2)	 	604
	(b)	 	403
	§ 318(a)	 	107

 

 

This cross-reference table shall not for any purpose be deemed
to be part of this Indenture.

 

    	vii

    	 

    

 

INDENTURE, dated as of January 16, 2015 (as
amended, supplemented or otherwise modified from time to time, this “Indenture”), among NCI Building Systems,
Inc., a corporation organized under the laws of the state of Delaware, as issuer, the Subsidiary Guarantors from time to time parties
hereto, and Wilmington Trust, National Association, a national banking association, as Trustee.

 

RECITALS OF THE COMPANY

 

The Company has duly authorized the execution
and delivery of this Indenture to provide for the issuance of the Notes.

 

All things necessary to make this Indenture
a valid agreement of the Company in accordance with the terms of the Initial Notes and this Indenture have been done.

 

NOW, THEREFORE, THIS INDENTURE WITNESSETH:

 

For and in consideration of the premises and
the purchase of the Notes by the Holders thereof, it is mutually agreed, for the benefit of all Holders of the Notes, as follows:

 

ARTICLE I

 

DEFINITIONS AND OTHER
PROVISIONS

OF GENERAL APPLICATION

 

Section 101.        Definitions.

 

“2009 Transaction Documents”
means collectively, (i) the Investment Agreement, dated as of August 14, 2009, among the Company and certain of the CD&R
Investors, as amended on each of August 28, 2009, August 31, 2009, October 8, 2009 and October 16, 2009, (ii) the CD&R
Indemnification Agreement, (iii) the Stockholders Agreement, dated as of October 20, 2009, among the Company and certain
of the CD&R Investors, (iv) the Registration Rights Agreement, dated as of October 20, 2009, among the Company and certain
of the CD&R Investors, and (v) any agreement primarily providing for indemnification and/or contribution for the benefit
of any Permitted Holder in respect of liabilities resulting from, arising out of or in connection with, based upon or relating
to (a) any management consulting, financial advisory, financing, underwriting or placement services or other investment
banking activities to, for or in respect of any Parent or any of its Subsidiaries, (b) any offering of securities or other
financing activity or arrangement of or by any Parent or any of its Subsidiaries or (c) any action or failure to act of
or by any Parent or any of its Subsidiaries (or any of their respective predecessors), in each case as the same may be amended,
supplemented, waived or otherwise modified from time to time in accordance with the terms thereof and of this Agreement.

 

“2009 Transactions” means
“2009 Transactions” as defined in the Senior Term Agreement as in effect on the Issue Date.

 

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“2012 Transactions” means
“Transactions” as defined in the Senior Term Agreement as in effect on the Issue Date.

 

“Acquired Indebtedness”
means Indebtedness of a Person (i) existing at the time such Person becomes a Subsidiary or (ii) assumed
in connection with the acquisition of assets from such Person, in each case other than Indebtedness Incurred in connection with,
or in contemplation of, such Person becoming a Subsidiary or such acquisition. Acquired Indebtedness shall be deemed to be Incurred
on the date of the related acquisition of assets from any Person or the date the acquired Person becomes a Subsidiary.

 

“Acquisition” means the
purchase by NCI Group, Inc. and Steelbuilding.com, Inc., each a subsidiary of the Company, of all of the general partner interests
of Centria pursuant to the terms of the Acquisition Agreement.

 

“Acquisition Agreement”
means the Interest Purchase Agreement, dated as of November 7, 2014, among NCI Group, Inc., Steelbuilding.com, Inc., SMST Management
Corp., Riverfront Capital Fund and Centria.

 

“Additional Assets” means
(i) any property or assets that replace the property or assets that are the subject of an Asset Disposition; (ii) any
property or assets (other than Indebtedness and Capital Stock) used or to be used by the Company or a Restricted Subsidiary or
otherwise useful in a Related Business, and any capital expenditures in respect of any property or assets already so used; (iii) the
Capital Stock of a Person that is engaged in a Related Business and becomes a Restricted Subsidiary as a result of the acquisition
of such Capital Stock by the Company or another Restricted Subsidiary; or (iv) Capital Stock of any Person that at
such time is a Restricted Subsidiary acquired from a third party.

 

“Additional Notes” means
any notes issued under this Indenture in addition to the Initial Notes (other than any Notes issued pursuant to Section 304,
305, 306, 312(d), 312(e) or 1008).

 

“Affiliate” of any specified
Person means any other Person, directly or indirectly, controlling or controlled by or under direct or indirect common control
with such specified Person. For the purposes of this definition, “control” when used with respect to any Person
means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of
voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

 

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“Asset Disposition” means
any sale, lease, transfer or other disposition of shares of Capital Stock of a Restricted Subsidiary (other than directors’
qualifying shares, or (in the case of a Foreign Subsidiary) to the extent required by applicable law), property or other assets
(each referred to for the purposes of this definition as a “disposition”) by the Company or any of its Restricted
Subsidiaries (including any disposition by means of a merger, consolidation or similar transaction) other than (i) a
disposition to the Company or a Restricted Subsidiary, (ii) a disposition in the ordinary course of business, (iii) a
disposition of Cash Equivalents, Investment Grade Securities or Temporary Cash Investments, (iv) the sale or discount
(with or without recourse, and on customary or commercially reasonable terms, as determined by the Company in good faith) of accounts
receivable or notes receivable arising in the ordinary course of business, or the conversion or exchange of accounts receivable
for notes receivable, (v) any Restricted Payment Transaction, (vi) a disposition that is governed by Article
V, (vii) any Financing Disposition, (viii) any “fee in lieu” or other disposition of assets
to any Governmental Authority that continue in use by the Company or any Restricted Subsidiary, so long as the Company or any Restricted
Subsidiary may obtain title to such assets upon reasonable notice by paying a nominal fee, (ix) any exchange of property
pursuant to or intended to qualify under Section 1031 (or any successor section) of the Code, or any exchange of equipment to be
leased, rented or otherwise used in a Related Business, (x) any financing transaction with respect to property built
or acquired by the Company or any Restricted Subsidiary after the Reference Date, including without limitation any sale/leaseback
transaction or asset securitization, (xi) any disposition arising from foreclosure, condemnation, eminent domain or
similar action with respect to any property or other assets, or exercise of termination rights under any lease, license, concession
or other agreement, or necessary or advisable (as determined by the Company in good faith) in order to consummate any acquisition
of any Person, business or assets, or pursuant to buy/sell arrangements under any joint venture or similar agreement or arrangement,
or of non-core assets acquired in connection with any acquisition of any Person, business or assets, (xii) any disposition
of Capital Stock, Indebtedness or other securities of an Unrestricted Subsidiary, (xiii) a disposition of Capital Stock
of a Restricted Subsidiary pursuant to an agreement or other obligation with or to a Person (other than the Company or a Restricted
Subsidiary) from whom such Restricted Subsidiary was acquired, or from whom such Restricted Subsidiary acquired its business and
assets (having been newly formed in connection with such acquisition), entered into in connection with such acquisition, (xiv) a
disposition of not more than 5.0% of the outstanding Capital Stock of a Foreign Subsidiary that has been approved by the Board
of Directors, (xv) any disposition or series of related dispositions for aggregate consideration not to exceed $15.0
million, (xvi) the abandonment or other disposition of patents, trademarks or other intellectual property that are,
in the reasonable judgment of the Company, no longer economically practicable to maintain or useful in the conduct of the business
of the Company and its Subsidiaries taken as a whole, (xvii) any license, sublicense or other grant of rights in or to any
trademark, copyright, patent or other intellectual property, or (xviii) any Exempt Sale and Leaseback Transaction.

 

“Authenticating Agent”
means any Person authorized by the Trustee pursuant to Section 714 to act on behalf of the Trustee to authenticate
Notes of one or more series.

 

“Bank Products Agreement”
means any agreement pursuant to which a bank or other financial institution agrees to provide (a) treasury services,
(b) credit card, merchant card, purchasing card or stored value card services (including, without limitation, the processing
of payments and other administrative services with respect thereto), (c) cash management services (including, without
limitation, controlled disbursements, automated clearinghouse transactions, return items, netting, overdrafts, depository, lockbox,
stop payment, electronic funds transfer, information reporting, wire transfer and interstate depository network services) and (d) other
banking products or services as may be requested by the Company or any Restricted Subsidiary (other than letters of credit and
other than loans and advances except indebtedness arising from services described in clauses (a) through (c) of this
definition).

 

    	3

    	 

    

 

“Bank Products Obligations”
of any Person means the obligations of such Person pursuant to any Bank Products Agreement.

 

“Board of Directors” means,
for any Person, the board of directors or other governing body of such Person or, if such Person does not have such a board of
directors or other governing body and is owned or managed by a single entity, the board of directors or other governing body of
such entity or, in either case, any committee thereof duly authorized to act on behalf of such board of directors or other governing
body. Unless otherwise provided, “Board of Directors” means the Board of Directors of the Company.

 

“Borrowing Base” means
the sum of (1) 80.0% of the book value of Inventory of the Company and its Restricted Subsidiaries, (2) 85.0% of
the book value of Receivables of the Company and its Restricted Subsidiaries, and (3) cash, Cash Equivalents and Temporary
Cash Investments of the Company and its Restricted Subsidiaries (in each case, determined as of the end of the most recently ended
fiscal month of the Company for which internal consolidated financial statements of the Company are available, and, in the case
of any determination relating to any Incurrence of Indebtedness, on a pro forma basis including (x) any property or assets
of a type described above acquired since the end of such fiscal month and (y) any property or assets of a type described
above being acquired in connection therewith).

 

“Business Day” means a
day other than a Saturday, Sunday or other day on which commercial banking institutions are authorized or required by law to close
in New York City (or any other city in which a Paying Agent maintains its office).

 

“Capital Market Indebtedness”
means any series of capital market Indebtedness with an aggregate principal amount outstanding in excess of $150.0 million.

 

“Capital Stock” of any
Person means any and all shares or units of, rights to purchase, warrants or options for, or other equivalents of or interests
in (however designated) equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into
such equity.

 

“Capitalized Lease Obligation”
means an obligation that is required to be classified and accounted for as a capitalized lease for financial reporting purposes
in accordance with GAAP. The Stated Maturity of any Capitalized Lease Obligation shall be the date of the last payment of rent
or any other amount due under the related lease.

 

“Captive Insurance Subsidiary”
means any Subsidiary of the Company that is subject to regulation as an insurance company (or any Subsidiary thereof).

 

    	4

    	 

    

 

“Cash Equivalents” means
any of the following: (a) money, (b) securities issued or fully guaranteed or insured by the United States
of America, Canada or a member state of the European Union or any agency or instrumentality of any thereof, (c) time
deposits, certificates of deposit or bankers’ acceptances of (i) any bank or other institutional lender under
any Senior Credit Facility or any affiliate thereof or (ii) any commercial bank having capital and surplus in excess
of $500.0 million (or the foreign currency equivalent thereof as of the date of such investment) and the commercial paper of the
holding company of which is rated at least A-2 or the equivalent thereof by S&P or at least P-2 or the equivalent thereof by
Moody’s (or, if at such time neither is issuing ratings, a comparable rating of another nationally recognized rating agency),
(d) repurchase obligations with a term of not more than seven days for underlying securities of the types described
in clauses (b) and (c) above entered into with any financial institution meeting the qualifications specified in clause
(c)(i) or (c)(ii) above, (e) money market instruments, commercial paper or other short-term obligations rated
at least A-2 or the equivalent thereof by S&P or at least P-2 or the equivalent thereof by Moody’s (or, if at such time
neither is issuing ratings, a comparable rating of another nationally recognized rating agency), (f) investments in
money market funds subject to the risk limiting conditions of Rule 2a-7 or any successor rule of the SEC under the Investment Company
Act of 1940, as amended, (g) investments similar to any of the foregoing denominated in foreign currencies approved
by the Board of Directors, and (h) solely with respect to any Captive Insurance Subsidiary, any investment that Person
is permitted to make in accordance with applicable law.

 

“CD&R” means Clayton,
Dubilier & Rice, LLC and any successor in interest thereto, and any successor to its investment management business.

 

“CD&R Fund VIII” means
Clayton, Dubilier & Rice Fund VIII, L.P., a Cayman Islands exempted limited partnership, and any successor in interest
thereto.

 

“CD&R Indemnification Agreement”
means the Indemnification Agreement, dated as of October 20, 2009, among the Company and certain of the CD&R Investors, as
amended, supplemented, waived or otherwise modified from time to time.

 

“CD&R Investors” means,
collectively, (i) CD&R Fund VIII, (ii) CD&R Friends & Family Fund VIII, L.P., a Cayman Islands exempted
limited partnership, and any successor in interest thereto, and (iii) any Affiliate of any CD&R Investor identified
in clauses (i) and (ii) of this definition.

 

“Centria” means CENTRIA,
a Pennsylvania general partnership, and any successor in interest thereto.

 

    	5

    	 

    

 

“Change of Control” means:

 

(i)          any
“person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act), other than one or more Permitted
Holders or a Parent, becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly
or indirectly, of more than 50.0% of the total voting power of the Voting Stock of the Company; provided that (x) so
long as the Company is a Subsidiary of any Parent, no “person” shall be deemed to be or become a “beneficial
owner” of more than 50.0% of the total voting power of the Voting Stock of the Company unless such “person” shall
be or become a “beneficial owner” of more than 50.0% of the total voting power of the Voting Stock of such Parent and
(y) any Voting Stock of which any Permitted Holder is the “beneficial owner” shall not in any case be included
in any Voting Stock of which any such “person” is the “beneficial owner”; or

 

(ii)         the
Company sells or transfers, in one or a series of related transactions, all or substantially all of the assets of the Company and
its Restricted Subsidiaries to, another Person (other than one or more Permitted Holders) and any “person” (as defined
in clause (i) above), other than one or more Permitted Holders or any Parent, is or becomes the “beneficial owner”
(as so defined), directly or indirectly, of more than 50.0% of the total voting power of the Voting Stock of the transferee Person
in such sale or transfer of assets, as the case may be; provided that (x) so long as such transferee Person
is a Subsidiary of a parent Person, no “person” shall be deemed to be or become a “beneficial owner” of
more than 50.0% of the total voting power of the Voting Stock of such transferee Person unless such “person” shall
be or become a “beneficial owner” of more than 50.0% of the total voting power of the Voting Stock of such parent Person
and (y) any Voting Stock of which any Permitted Holder is the “beneficial owner” shall not in any case
be included in any Voting Stock of which any such “person” is the beneficial owner.

 

For the purpose of this definition, so long as at the time of
any Minority Business Disposition or any Minority Business Offering the Minority Business Disposition Condition is met, the Minority
Business Assets shall not be deemed at any time to constitute all or substantially all of the assets of the Company and its Restricted
Subsidiaries, and any sale or transfer of all or any part of the Minority Business Assets (whether directly or indirectly, whether
by sale or transfer of any such assets, or of any Capital Stock or other interest in any Person holding such assets, or by merger
or consolidation, or any combination thereof, and whether in one or more transactions, or otherwise, including any Minority Business
Offering or any Minority Business Disposition) shall not be deemed at any time to constitute a sale or transfer of all or substantially
all of the assets of the Company and its Restricted Subsidiaries.

 

“Clearstream” means Clearstream
Banking, société anonyme, or any successor securities clearing agency.

 

“Code” means the Internal
Revenue Code of 1986, as amended from time to time.

 

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

 

“Company” means NCI Building
Systems, Inc., a Delaware corporation, and any successor in interest thereto.

 

    	6

    	 

    

 

“Company Request” and “Company
Order” mean, respectively, a written request, order or consent signed in the name of the Company by an Officer of the
Company.

 

“Consolidated Coverage Ratio”
as of any date of determination means the ratio of (i) the aggregate amount of Consolidated EBITDA for the period of
the most recent four consecutive fiscal quarters of the Company ending prior to the date of such determination for which consolidated
financial statements of the Company are available to (ii) Consolidated Interest Expense for such four fiscal quarters
(in each of the foregoing clauses (i) and (ii), determined for any fiscal quarter (or portion thereof) ending prior to the Issue
Date, on a pro forma basis to give effect to the Acquisition as if it had occurred at the beginning of such four-quarter period);
provided that

 

(1)         if,
since the beginning of such period, the Company or any Restricted Subsidiary has Incurred any Indebtedness or the Company has issued
any Designated Preferred Stock that remains outstanding on such date of determination or if the transaction giving rise to the
need to calculate the Consolidated Coverage Ratio is an Incurrence of Indebtedness or an issuance of Designated Preferred Stock
of the Company, Consolidated EBITDA and Consolidated Interest Expense for such period shall be calculated after giving effect on
a pro forma basis to such Indebtedness or Designated Preferred Stock as if such Indebtedness or Designated Preferred Stock had
been Incurred or issued, as applicable, on the first day of such period (except that in making such computation, the amount of
Indebtedness under any revolving credit facility outstanding on the date of such calculation shall be computed based on (A) the
average daily balance of such Indebtedness during such four fiscal quarters or such shorter period for which such facility was
outstanding or (B) if such facility was created after the end of such four fiscal quarters, the average daily balance
of such Indebtedness during the period from the date of creation of such facility to the date of such calculation),

 

(2)         if,
since the beginning of such period, the Company or any Restricted Subsidiary has repaid, repurchased, redeemed, defeased or otherwise
acquired, retired or discharged any Indebtedness, or any Designated Preferred Stock of the Company, that is no longer outstanding
on such date of determination (each, a “Discharge”) or if the transaction giving rise to the need to calculate
the Consolidated Coverage Ratio involves a Discharge of Indebtedness (in each case other than Indebtedness Incurred under any revolving
credit facility unless such Indebtedness has been repaid with an equivalent permanent reduction in commitments thereunder) or a
Discharge of Designated Preferred Stock of the Company, Consolidated EBITDA and Consolidated Interest Expense for such period shall
be calculated after giving effect on a pro forma basis to such Discharge of such Indebtedness or Designated Preferred Stock, including
with the proceeds of such new Indebtedness or new Designated Preferred Stock of the Company, as if such Discharge had occurred
on the first day of such period,

 

    	7

    	 

    

 

(3)         if,
since the beginning of such period, the Company or any Restricted Subsidiary shall have disposed of any company, any business or
any group of assets constituting an operating unit of a business, including any such disposition occurring in connection with a
transaction causing a calculation to be made hereunder, or designated any Restricted Subsidiary as an Unrestricted Subsidiary (any
such disposition or designation, a “Sale”), the Consolidated EBITDA for such period shall be reduced by an amount
equal to the Consolidated EBITDA (if positive) attributable to the assets that are the subject of such Sale for such period or
increased by an amount equal to the Consolidated EBITDA (if negative) attributable thereto for such period and Consolidated Interest
Expense for such period shall be reduced by an amount equal to (A) the Consolidated Interest Expense attributable to
any Indebtedness of the Company or any Restricted Subsidiary repaid, repurchased, redeemed, defeased or otherwise acquired, retired
or discharged with respect to the Company and its continuing Restricted Subsidiaries in connection with such Sale for such period
(including but not limited to through the assumption of such Indebtedness by another Person) plus (B) if the Capital
Stock of any Restricted Subsidiary is disposed of in such Sale or any Restricted Subsidiary is designated as an Unrestricted Subsidiary,
the Consolidated Interest Expense for such period attributable to the Indebtedness of such Restricted Subsidiary to the extent
the Company and its continuing Restricted Subsidiaries are no longer liable for such Indebtedness after such Sale,

 

(4)         if,
since the beginning of such period, the Company or any Restricted Subsidiary (by merger, consolidation or otherwise) shall have
made an Investment in any Person that thereby becomes a Restricted Subsidiary, or otherwise acquired any company, any business
or any group of assets constituting an operating unit of a business, including any such Investment or acquisition occurring in
connection with a transaction causing a calculation to be made hereunder, or designated any Unrestricted Subsidiary as a Restricted
Subsidiary (any such Investment, acquisition or designation, a “Purchase”), Consolidated EBITDA and Consolidated
Interest Expense for such period shall be calculated after giving pro forma effect thereto (including the Incurrence of any related
Indebtedness) as if such Purchase occurred on the first day of such period, and

 

(5)         if,
since the beginning of such period, any Person became a Restricted Subsidiary or was merged or consolidated with or into the Company
or any Restricted Subsidiary, and since the beginning of such period such Person shall have Discharged any Indebtedness or made
any Sale or Purchase that would have required an adjustment pursuant to clause (2), (3) or (4) above if made by the Company
or a Restricted Subsidiary since the beginning of such period, Consolidated EBITDA and Consolidated Interest Expense for such period
shall be calculated after giving pro forma effect thereto as if such Discharge, Sale or Purchase occurred on the first day of such
period;

 

provided that (in the event that the Company shall classify
Indebtedness Incurred on the date of determination as Incurred in part under Section 407(a) and in part under Section
407(b), as provided in Section 407(c)(iii)) any such pro forma calculation of Consolidated Interest Expense shall not
give effect to any such Incurrence of Indebtedness on the date of determination pursuant to Section 407(b) (other than,
if the Company at its option has elected to disregard Indebtedness being Incurred on the date of determination in part pursuant
to Section 407(a) for purposes of calculating the Consolidated Total Leverage Ratio for Incurring Indebtedness on the date
of determination in part pursuant to Section 407(b)(x), Section 407(b)(x)) or to any Discharge of Indebtedness from
the proceeds of any such Incurrence pursuant to Section 407(b) (other than Section 407(b)(x), if the Incurrence of
Indebtedness pursuant to Section 407(b)(x) is being given effect to in the calculation of the Consolidated Coverage Ratio).

 

    	8

    	 

    

 

For purposes of this definition, whenever
pro forma effect is to be given to any Sale, Purchase or other transaction, or the amount of income or earnings relating thereto
and the amount of Consolidated Interest Expense associated with any Indebtedness Incurred, Designated Preferred Stock issued, or
Indebtedness or Designated Preferred Stock repaid, repurchased, redeemed, defeased or otherwise acquired, retired or discharged
in connection therewith, the pro forma calculations in respect thereof (including without limitation in respect of anticipated
cost savings or synergies relating to any such Sale, Purchase or other transaction) shall be as determined in good faith by the
Chief Financial Officer or an authorized Officer of the Company; provided that with respect to cost savings or synergies
relating to any Sale, Purchase or other transaction, the related actions are expected by the Company to be taken no later than
18 months after the date of determination. If any Indebtedness bears a floating rate of interest and is being given pro forma effect,
the interest expense on such Indebtedness shall be calculated as if the rate in effect on the date of determination had been the
applicable rate for the entire period (taking into account any Interest Rate Agreement applicable to such Indebtedness). If any
Indebtedness bears, at the option of the Company or a Restricted Subsidiary, a rate of interest based on a prime or similar rate,
a eurocurrency interbank offered rate or other fixed or floating rate, and such Indebtedness is being given pro forma effect, the
interest expense on such Indebtedness shall be calculated by applying such optional rate as the Company or such Restricted Subsidiary
may designate. If any Indebtedness that is being given pro forma effect was Incurred under a revolving credit facility, the interest
expense on such Indebtedness shall be computed based upon the average daily balance of such Indebtedness during the applicable
period. Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate determined in good faith by a
responsible financial or accounting officer of the Company to be the rate of interest implicit in such Capitalized Lease Obligation
in accordance with GAAP.

 

    	9

    	 

    

 

“Consolidated EBITDA” means,
for any period, the Consolidated Net Income for such period, plus (x) the following to the extent deducted in calculating
such Consolidated Net Income, without duplication: (i) provision for all taxes (whether or not paid, estimated or accrued)
based on income, profits or capital (including penalties and interest, if any), (ii) Consolidated Interest Expense, all
items excluded from the definition of Consolidated Interest Expense pursuant to clause (iii) thereof (other than Special Purpose
Financing Expense), any Special Purpose Financing Fees, and to the extent not reflected in Consolidated Interest Expense, costs
of surety bonds in connection with financing activities, (iii) depreciation, (iv) amortization (including but not
limited to amortization of goodwill and intangibles and amortization and write-off of financing costs), (v) any non-cash
charges or non-cash losses, (vi) any expenses or charges related to any Equity Offering, Investment or Indebtedness permitted
by this Indenture (whether or not consummated or incurred, and including any offering or sale of Capital Stock to the extent the
proceeds thereof were intended to be contributed to the equity capital of the Company or its Restricted Subsidiaries), (vii)
the amount of any loss attributable to non-controlling interests, (viii) all deferred financing costs written off and premiums
paid in connection with any early extinguishment of Hedging Obligations or other derivative instruments, (ix) any management,
monitoring, consulting and advisory fees and related expenses paid to any of CD&R and its Affiliates, (x) interest and
investment income, (xi) the amount of loss on any Financing Disposition, and (xii) any costs or expenses pursuant
to any management or employee stock option or other equity-related plan, program or arrangement, or other benefit plan, program
or arrangement, or any equity subscription or equityholder agreement, to the extent funded with cash proceeds contributed to the
capital of the Company or an issuance of Capital Stock of the Company (other than Disqualified Stock) and excluded from the calculation
set forth in Section 409(a)(3), plus (y) the amount of net cost savings projected by the Company in good faith
to be realized as the result of actions taken or to be taken on or prior to the date that is 18 months after the Issue Date,
or 18 months after the consummation of any operational change, respectively (calculated on a pro forma basis as though such
cost savings had been realized on the first day of such period), net of the amount of actual benefits realized during such period
from such actions (which adjustments may be incremental to pro forma adjustments made pursuant to the proviso to the definition
of “Consolidated Coverage Ratio”, “Consolidated Secured Leverage Ratio” or “Consolidated
Total Leverage Ratio”).

 

“Consolidated Interest Expense”
means, for any period, (i) the total interest expense of the Company and its Restricted Subsidiaries to the extent
deducted in calculating Consolidated Net Income, net of any interest income of the Company and its Restricted Subsidiaries, including
without limitation, any such interest expense consisting of (A) interest expense attributable to Capitalized Lease Obligations,
(B) amortization of debt discount, (C) interest in respect of Indebtedness of any other Person that has been Guaranteed
by the Company or any Restricted Subsidiary, but only to the extent that such interest is actually paid by the Company or any Restricted
Subsidiary, (D) non-cash interest expense, (E) the interest portion of any deferred payment obligation, and (F)
commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing,
plus (ii) Preferred Stock dividends paid in cash in respect of Disqualified Stock of the Company held by Persons
other than the Company or a Restricted Subsidiary, or in respect of Designated Preferred Stock of the Company pursuant to Section 409(b)(xi)(A),
minus (iii) to the extent otherwise included in such interest expense referred to in clause (i) above, Special
Purpose Financing Expense, accretion or accrual of discounted liabilities not constituting Indebtedness, expense resulting from
discounting of Indebtedness in conjunction with recapitalization or purchase accounting, and any “additional interest”
in respect of registration rights arrangements for any securities, amortization or write-off of financing costs, in each case under
clauses (i) through (iii) above as determined on a Consolidated basis in accordance with GAAP; provided that
gross interest expense shall be determined after giving effect to any net payments made or received by the Company and its Restricted
Subsidiaries with respect to Interest Rate Agreements.

 

“Consolidated Net Income”
means, for any period, the net income (loss) of the Company and its Restricted Subsidiaries, determined on a Consolidated basis
in accordance with GAAP and before any reduction in respect of Preferred Stock dividends; provided that, without duplication,
there shall not be included in such Consolidated Net Income:

 

    	10

    	 

    

 

(i)          any
net income (loss) of any Person if such Person is not the Company or a Restricted Subsidiary, except that (A) the Company’s
or any Restricted Subsidiary’s net income for such period shall be increased by the aggregate amount actually dividended
or distributed or that (as determined by the Company in good faith, which determination shall be conclusive) could have been dividended
or distributed by such Person during such period to the Company or a Restricted Subsidiary as a dividend or other distribution
(subject, in the case of a dividend or other distribution to a Restricted Subsidiary, to the limitations contained in clause (ii) below),
to the extent not already included therein, and (B) the Company’s or any Restricted Subsidiary’s equity
in the net loss of such Person shall be included to the extent of the aggregate Investment of the Company or any of its Restricted
Subsidiaries in such Person,

 

(ii)         solely
for purposes of determining the amount available for Restricted Payments under Section 409(a)(3)(A), any net income (loss)
of any Restricted Subsidiary that is not a Subsidiary Guarantor if such Restricted Subsidiary is subject to restrictions, directly
or indirectly, on the payment of dividends or the making of similar distributions by such Restricted Subsidiary, directly or indirectly,
to the Company by operation of the terms of such Restricted Subsidiary’s charter or any agreement, instrument, judgment,
decree, order, statute or governmental rule or regulation applicable to such Restricted Subsidiary or its stockholders (other than
(x) restrictions that have been waived or otherwise released, (y) restrictions pursuant to the Notes or
this Indenture, and (z) restrictions in effect on the Issue Date with respect to a Restricted Subsidiary and other
restrictions with respect to such Restricted Subsidiary that taken as a whole are not materially less favorable to the Noteholders
than such restrictions in effect on the Issue Date as determined by the Company in good faith), except that (A) the
Company’s equity in the net income of any such Restricted Subsidiary for such period shall be included in such Consolidated
Net Income up to the aggregate amount of any dividend or distribution that was or that (as determined by the Company in good faith,
which determination shall be conclusive) could have been made by such Restricted Subsidiary during such period to the Company or
another Restricted Subsidiary (subject, in the case of a dividend that could have been made to another Restricted Subsidiary, to
the limitation contained in this clause (ii)) and (B) the net loss of such Restricted Subsidiary shall be included
to the extent of the aggregate Investment of the Company or any of its other Restricted Subsidiaries in such Restricted Subsidiary,

 

(iii)        (x)
any gain or loss realized upon the sale, abandonment or other disposition of any asset of the Company or any Restricted Subsidiary
(including pursuant to any sale/leaseback transaction) that is not sold, abandoned or otherwise disposed of in the ordinary course
of business (as determined in good faith by the Board of Directors) and (y) any gain or loss realized upon the disposal,
abandonment or discontinuation of operations of the Company or any Restricted Subsidiary, and any income (loss) from disposed,
abandoned or discontinued operations (but if such operations are classified as discontinued because they are subject to an agreement
to dispose of such operations, only when and to the extent such operations are actually disposed of), including in each case any
closure of any branch,

 

    	11

    	 

    

 

(iv)        any
extraordinary, unusual or nonrecurring gain, loss or charge (including fees, expenses and charges associated with the 2009 Transactions,
the 2012 Transactions and the Transactions and any acquisition, merger or consolidation after the Issue Date or any accounting
change),

 

(v)         the
cumulative effect of a change in accounting principles,

 

(vi)        all
deferred financing costs written off and premiums paid in connection with any early extinguishment of Indebtedness or Hedging Obligations
or other derivative instruments,

 

(vii)       any
unrealized gains or losses in respect of Hedge Agreements,

 

(viii)      any
unrealized foreign currency translation gains or losses, including in respect of Indebtedness of any Person denominated in a currency
other than the functional currency of such Person,

 

(ix)         any
non-cash compensation charge arising from any grant of limited liability company interests, stock, stock options or other equity
based awards,

 

(x)          to
the extent otherwise included in Consolidated Net Income, any unrealized foreign currency translation gains or losses, including
in respect of Indebtedness or other obligations of the Company or any Restricted Subsidiary owing to the Company or any Restricted
Subsidiary,

 

(xi)         any
non-cash charge, expense or other impact attributable to application of the purchase or recapitalization method of accounting (including
the total amount of depreciation and amortization, cost of sales or other non-cash expense resulting from the write-up of assets
to the extent resulting from such purchase or recapitalization accounting adjustments), non-cash charges for deferred tax valuation
allowances and non-cash gains, losses, income and expenses resulting from fair value accounting required by the applicable standard
under GAAP,

 

(xii)        expenses
related to the conversion of various employee benefit programs in connection with the 2009 Transactions, the 2012 Transactions
and the Transactions, and non-cash compensation related expenses, and

 

    	12

    	 

    

 

(xiii)       to
the extent covered by insurance and actually reimbursed (or the Company has determined that there exists reasonable evidence that
such amount will be reimbursed by the insurer and such amount is not denied by the applicable insurer in writing within 180 days
and is reimbursed within 365 days of the date of such evidence (with a deduction in any future calculation of Consolidated Net
Income for any amount so added back to the extent not so reimbursed within such 365 day period)), any expenses with respect to
liability or casualty events or business interruption;

 

provided, further, that the
exclusion of any item pursuant to the foregoing clauses (i) through (xiii) shall also exclude the tax impact of any such item,
if applicable.

 

In the case of any unusual or nonrecurring
gain, loss or charge not included in Consolidated Net Income pursuant to clause (iv) above in any determination thereof, the
Company will deliver an Officer’s Certificate to the Trustee promptly after the date on which Consolidated Net Income is
so determined, setting forth the nature and amount of such unusual or nonrecurring gain, loss or charge. Notwithstanding the foregoing,
for the purpose of Section 409(a)(3)(A) only, there shall be excluded from Consolidated Net Income, without duplication,
any income consisting of dividends, repayments of loans or advances or other transfers of assets from Unrestricted Subsidiaries
to the Company or a Restricted Subsidiary, and any income consisting of return of capital, repayment or other proceeds from dispositions
or repayments of Investments consisting of Restricted Payments, in each case to the extent such income would be included in Consolidated
Net Income and such related dividends, repayments, transfers, return of capital or other proceeds are applied by the Company to
increase the amount of Restricted Payments permitted under Section 409(a)(3)(C) or Section 409(a)(3)(D).

 

In addition, each Person that is a Restricted
Subsidiary upon giving effect to the Transactions shall be deemed to be a Restricted Subsidiary and the Transactions shall not
constitute a sale or disposition under clause (iii) above, for purposes of such determination.

 

“Consolidated Secured Indebtedness”
means, as of any date of determination, (i) an amount equal to the sum of, without duplication, Consolidated Total Indebtedness
(without regard to clause (ii) of the definition thereof) and any Ratio Tested Committed Amount as of such date that, in each
case, is either (x) then secured by Liens on property or assets of the Company and its Restricted Subsidiaries (other than
property or assets held in a defeasance or similar trust or arrangement for the benefit of the Indebtedness secured thereby) or
(y) Incurred (or, in the case of any Ratio Tested Committed Amount, established) pursuant to Section 407(b)(i)(II), minus
(ii) the sum of (A) the amount of such Indebtedness consisting of Indebtedness of a type referred to in, or Incurred
pursuant to, Section 407(b)(ix) and (B) cash, Cash Equivalents and Temporary Cash Investments held by the Company
and its Restricted Subsidiaries as of the end of the most recent four consecutive fiscal quarters of the Company ending prior to
the date of such determination for which consolidated financial statements of the Company are available.

 

“Consolidated Secured Leverage Ratio”
means, as of any date of determination, the ratio of (i) Consolidated Secured Indebtedness as at such date (after giving
effect to any Incurrence or Discharge of Indebtedness on such date) to (ii) the aggregate amount of Consolidated EBITDA
for the period of the most recent four consecutive fiscal quarters of the Company ending prior to the date of such determination
for which consolidated financial statements of the Company are available (determined, for any fiscal quarter (or portion thereof)
ending prior to the Issue Date, on a pro forma basis to give effect to the Acquisition as if it had occurred at the beginning of
such four-quarter period), provided that:

 

    	13

    	 

    

 

(1)         if,
since the beginning of such period, the Company or any Restricted Subsidiary shall have made a Sale (including any Sale occurring
in connection with a transaction causing a calculation to be made hereunder), the Consolidated EBITDA for such period shall be
reduced by an amount equal to the Consolidated EBITDA (if positive) attributable to the assets that are the subject of such Sale
for such period or increased by an amount equal to the Consolidated EBITDA (if negative) attributable thereto for such period;

 

(2)         if,
since the beginning of such period, the Company or any Restricted Subsidiary (by merger, consolidation or otherwise) shall have
made a Purchase (including any Purchase occurring in connection with a transaction causing a calculation to be made hereunder),
Consolidated EBITDA for such period shall be calculated after giving pro forma effect thereto as if such Purchase occurred on the
first day of such period; and

 

(3)         if,
since the beginning of such period, any Person became a Restricted Subsidiary or was merged or consolidated with or into the Company
or any Restricted Subsidiary, and since the beginning of such period such Person shall have made any Sale or Purchase that would
have required an adjustment pursuant to clause (1) or (2) above if made by the Company or a Restricted Subsidiary since
the beginning of such period, Consolidated EBITDA for such period shall be calculated after giving pro forma effect thereto as
if such Sale or Purchase occurred on the first day of such period;

 

provided that, in the event that the Company shall classify
Indebtedness Incurred on the date of determination as Incurred in part pursuant to Section 407(b)(i)(II) and, that
is secured by Liens on property or assets of the Company and its Restricted Subsidiaries, in part pursuant to one or more other
clauses or subclauses of Section 407(b) and/or pursuant to Section 407(a) (as provided in Section 407(c)(ii)
and Section 407(c)(iii)), Consolidated Secured Indebtedness shall not include any such Indebtedness (and shall not
give effect to any Discharge of Consolidated Secured Indebtedness from the proceeds thereof) to the extent Incurred pursuant to
any such other clause or subclause of such Section 407(b) and/or pursuant to such Section 407(a).

 

For purposes of this definition, whenever
pro forma effect is to be given to any Sale, Purchase or other transaction, or the amount of income or earnings relating thereto,
the pro forma calculations in respect thereof (including, without limitation, in respect of anticipated cost savings or synergies
relating to any such Sale, Purchase or other transaction) shall be as determined in good faith by the Chief Financial Officer or
another authorized Officer of the Company; provided that with respect to cost savings or synergies relating to any Sale,
Purchase or other transaction, the related actions are expected by the Company to be taken no later than 18 months after the
date of determination.

 

    	14

    	 

    

 

“Consolidated Total Assets”
means, as of any date of determination, the total assets, in each case reflected on the consolidated balance sheet of the Company
as at the end of the most recently ended fiscal quarter of the Company for which a balance sheet is available, determined on a
Consolidated basis in accordance with GAAP (and, in the case of any determination relating to any Incurrence of Indebtedness or
Liens or any Investment, on a pro forma basis including any property or assets being acquired in connection therewith).

 

“Consolidated Total Indebtedness”
means, as of any date of determination, an amount equal to (i) the aggregate principal amount of outstanding Indebtedness
of the Company and its Restricted Subsidiaries as of such date consisting of (without duplication) Indebtedness for borrowed money
(including Purchase Money Obligations and unreimbursed outstanding drawn amounts under funded letters of credit); Capitalized Lease
Obligations; debt obligations evidenced by bonds, debentures, notes or similar instruments; Disqualified Stock; and (in the case
of any Restricted Subsidiary that is not a Subsidiary Guarantor) Preferred Stock, determined on a Consolidated basis in accordance
with GAAP (excluding items eliminated in Consolidation, and for the avoidance of doubt, excluding Hedging Obligations) minus
(ii) the sum of (A) the amount of such Indebtedness consisting of Indebtedness of a type referred to in,
or Incurred pursuant to, Section 407(b)(ix) and (B) cash, Cash Equivalents and Temporary Cash Investments held
by the Company and its Restricted Subsidiaries as of the end of the most recent four consecutive fiscal quarters of the Company
ending prior to the date of such determination for which consolidated financial statements of the Company are available.

 

“Consolidated Total Leverage Ratio”
means, as of any date of determination, the ratio of (i) Consolidated Total Indebtedness as at such date (after giving
effect to any Incurrence or Discharge of Indebtedness on such date) to (ii) the aggregate amount of Consolidated EBITDA
for the period of the most recent four consecutive fiscal quarters of the Company ending prior to the date of such determination
for which consolidated financial statements of the Company are available (determined, for any fiscal quarter (or portion thereof)
ending prior to the Issue Date, on a pro forma basis to give effect to the Acquisition as if it had occurred at the beginning of
such four-quarter period), provided that:

 

(1)         if,
since the beginning of such period, the Company or any Restricted Subsidiary shall have made a Sale (including any Sale occurring
in connection with a transaction causing a calculation to be made hereunder), the Consolidated EBITDA for such period shall be
reduced by an amount equal to the Consolidated EBITDA (if positive) attributable to the assets that are the subject of such Sale
for such period or increased by an amount equal to the Consolidated EBITDA (if negative) attributable thereto for such period;

 

(2)         if,
since the beginning of such period, the Company or any Restricted Subsidiary (by merger, consolidation or otherwise) shall have
made a Purchase (including any Purchase occurring in connection with a transaction causing a calculation to be made hereunder),
Consolidated EBITDA for such period shall be calculated after giving pro forma effect thereto as if such Purchase occurred on the
first day of such period; and

 

    	15

    	 

    

 

(3)         if,
since the beginning of such period, any Person became a Restricted Subsidiary or was merged or consolidated with or into the Company
or any Restricted Subsidiary, and since the beginning of such period such Person shall have made any Sale or Purchase that would
have required an adjustment pursuant to clause (1) or (2) above if made by the Company or a Restricted Subsidiary since
the beginning of such period, Consolidated EBITDA for such period shall be calculated after giving pro forma effect thereto as
if such Sale or Purchase occurred on the first day of such period;

 

provided that, for purposes of the foregoing calculation,
in the event that the Company shall classify Indebtedness Incurred on the date of determination as Incurred in part pursuant to
Section 407(b)(x) (other than by reason of subclause (2) of the proviso to such Section 407(b)(x)) and in part
pursuant to one or more other clauses of such Section 407(b) and/or (unless the Company at its option has elected to disregard
Indebtedness being Incurred on the date of determination in part pursuant to subclause (2) of the proviso to Section 407(b)(x)
for purposes of calculating the Consolidated Coverage Ratio for Incurring Indebtedness on the date of determination in part
under Section 407(a)) pursuant to Section 407(a) (as provided in Section 407(c)(ii) and (iii)),
Consolidated Total Indebtedness shall not include any such Indebtedness Incurred pursuant to one or more such other clauses of
such Section 407(b) and/or pursuant to such Section 407(a), and shall not give effect to any Discharge of any Indebtedness
from the proceeds of any such Indebtedness being disregarded for purposes of the calculation of the Consolidated Total Leverage
Ratio that otherwise would be included in Consolidated Total Indebtedness.

 

For purposes of this definition, whenever
pro forma effect is to be given to any Sale, Purchase or other transaction, or the amount of income or earnings relating thereto,
the pro forma calculations in respect thereof (including, without limitation, in respect of anticipated cost savings or synergies
relating to any such Sale, Purchase or other transaction) shall be as determined in good faith by the Chief Financial Officer or
another authorized Officer of the Company; provided that with respect to cost savings or synergies relating to any Sale,
Purchase or other transaction, the related actions are expected by the Company to be taken no later than 18 months after the date
of determination.

 

“Consolidation” means the
consolidation of the accounts of each of the Restricted Subsidiaries with those of the Company in accordance with GAAP; provided
that “Consolidation” will not include consolidation of the accounts of any Unrestricted Subsidiary, but the interest
of the Company or any Restricted Subsidiary in any Unrestricted Subsidiary will be accounted for as an investment. The term “Consolidated”
has a correlative meaning.

 

“Contribution Amounts”
means the aggregate amount of capital contributions applied by the Company to permit the Incurrence of Contribution Indebtedness
pursuant to Section 407(b)(xi).

 

“Contribution Indebtedness”
means Indebtedness of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than twice the aggregate
amount of cash contributions (other than Excluded Contributions, the proceeds from the issuance of Disqualified Stock or contributions
by the Company or any Restricted Subsidiary) made to the capital of the Company or such Restricted Subsidiary after the Issue Date
(whether through the issuance or sale of Capital Stock or otherwise); provided that such Contribution Indebtedness (a) is
Incurred within 180 days after the receipt of the related cash contribution and (b) is so designated as Contribution
Indebtedness pursuant to an Officer’s Certificate on the date of Incurrence thereof.

 

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“Corporate Trust Office”
means the office of the Trustee at which at any particular time its corporate trust business shall be administered, which office
on the Issue Date is located at 246 Goose Lane, Suite 105, Guilford, Connecticut 06437.

 

“Credit Facilities” means
one or more of (i) the Senior Term Facility, (ii) the Senior ABL Facility, and (iii) any other facilities
or arrangements designated by the Company, in each case with one or more banks or other lenders or institutions providing for revolving
credit loans, term loans, receivables, inventory or real estate financings (including without limitation through the sale of receivables,
inventory, real estate and/or other assets to such institutions or to special purpose entities formed to borrow from such institutions
against such receivables, inventory, real estate and/or other assets or the creation of any Liens in respect of such receivables,
inventory, real estate and/or other assets in favor of such institutions), letters of credit or other Indebtedness, in each case,
including all agreements, instruments and documents executed and delivered pursuant to or in connection with any of the foregoing,
including but not limited to any notes and letters of credit issued pursuant thereto and any guarantee and collateral agreement,
patent and trademark security agreement, mortgages or letter of credit applications and other guarantees, pledge agreements, security
agreements and collateral documents, in each case as the same may be amended, supplemented, waived or otherwise modified from time
to time, or refunded, refinanced, restructured, replaced, renewed, repaid, increased or extended from time to time (whether in
whole or in part, whether with the original banks, lenders or institutions or other banks, lenders or institutions or otherwise,
and whether provided under any original Credit Facility or one or more other credit agreements, indentures, financing agreements
or other Credit Facilities or otherwise). Without limiting the generality of the foregoing, the term “Credit Facility”
shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby,
(ii) adding Subsidiaries as additional borrowers or guarantors thereunder, (iii) increasing the amount
of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and
conditions thereof.

 

“Credit Facility Indebtedness”
means any and all amounts, whether outstanding on the Issue Date or thereafter Incurred, payable under or in respect of any Credit
Facility, including without limitation principal, premium (if any), interest (including interest accruing on or after the filing
of any petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim
for post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees, other
monetary obligations of any nature and all other amounts payable thereunder or in respect thereof.

 

    	17

    	 

    

 

“Currency Agreement” means,
in respect of a Person, any foreign exchange contract, currency swap agreement or other similar agreement or arrangements (including
derivative agreements or arrangements), as to which such Person is a party or a beneficiary.

 

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

 

“Depositary” means The
Depository Trust Company, its nominees and successors.

 

“Designated Noncash Consideration”
means noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition
that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of
such valuation.

 

“Designated Preferred Stock”
means Preferred Stock of the Company (other than Disqualified Stock) or any Parent that is issued after the Issue Date for cash
(other than to a Restricted Subsidiary) and is so designated as Designated Preferred Stock, pursuant to an Officer’s Certificate
of the Company; provided that the cash proceeds of such issuance shall be excluded from the calculation set forth in Section 409(a)(3)(B).

 

“Designated Senior Indebtedness”
means with respect to a Person (i) the Credit Facility Indebtedness under or in respect of any Senior Credit Facility and
(ii) any other Senior Indebtedness of such Person that, at the date of determination, has an aggregate principal amount
equal to or under which, at the date of determination, the holders thereof are committed to lend up to, at least $25.0 million
and is specifically designated by such Person in an agreement or instrument evidencing or governing such Senior Indebtedness as
“Designated Senior Indebtedness” for purposes of this Indenture.

 

“Disinterested Directors”
means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more
members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such
Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason
of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of
such Capital Stock.

 

“Disqualified Stock” means,
with respect to any Person, any Capital Stock (other than Management Stock) that by its terms (or by the terms of any security
into which it is convertible or for which it is exchangeable or exercisable) or upon the happening of any event (other than following
the occurrence of a Change of Control or other similar event described under such terms as a “change of control,” or
an Asset Disposition or other disposition) (i) matures or is mandatorily redeemable pursuant to a sinking fund obligation
or otherwise, (ii) is convertible or exchangeable for Indebtedness or Disqualified Stock or (iii) is redeemable
at the option of the holder thereof (other than following the occurrence of a Change of Control or other similar event described
under such terms as a “change of control,” or an Asset Disposition or other disposition), in whole or in part, in each
case on or prior to the final Stated Maturity of the Notes; provided that Capital Stock issued to any employee benefit plan,
or by any such plan to any employees of the Company or any Subsidiary, shall not constitute Disqualified Stock solely because it
may be required to be repurchased or otherwise acquired or retired in order to satisfy applicable statutory or regulatory obligations.

 

    	18

    	 

    

 

“Domestic Subsidiary” means
any Restricted Subsidiary of the Company other than a Foreign Subsidiary.

 

“Equity Offering” means
a sale of Capital Stock (x) that is a sale of Capital Stock of the Company (other than Disqualified Stock or sales
to Restricted Subsidiaries of the Company) or (y) proceeds of which in an amount equal to or exceeding the Redemption
Amount are contributed to the equity capital of the Company or any of its Restricted Subsidiaries (other than proceeds from a sale
to Restricted Subsidiaries of Capital Stock of the Company).

 

“Euroclear” means Euroclear
Bank S.A./N.V., as operator of the Euroclear System, or any successor securities clearing agency.

 

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

 

“Exchange Notes” means
Notes, containing terms substantially identical to any Initial Additional Notes of a particular series (and any Notes issued in
respect of any of the foregoing Notes pursuant to Section 304, 305, 306, 312(d), 312(e)
or 1008) (except that (i) such Exchange Notes may omit terms with respect to transfer restrictions and may be
registered under the Securities Act, and (ii) certain provisions relating to an increase in the stated rate of interest
thereon may be eliminated), that are issued and exchanged for such Initial Additional Notes as may be provided in any registration
rights agreement relating to such Additional Notes and this Indenture (including any amendment or supplement hereto).

 

“Excluded Contribution”
means Net Cash Proceeds, or the Fair Market Value of property or assets, received by the Company as capital contributions to the
Company after the Reference Date or from the issuance or sale (other than to a Restricted Subsidiary) of Capital Stock (other than
Disqualified Stock) of the Company, in each case to the extent designated as an Excluded Contribution pursuant to an Officer’s
Certificate of the Company and not previously included in the calculation set forth in Section 409(a)(3)(B)(x) for purposes
of determining whether a Restricted Payment may be made.

 

“Exempt Sale and Leaseback Transaction”
means any Sale and Leaseback Transaction (a) in which the sale or transfer of property occurs within 180 days of the
acquisition of such property by the Company or any of its Subsidiaries or (b) that involves property with a book value
of $10.0 million or less and is not part of a series of related Sale and Leaseback Transactions involving property with an
aggregate value in excess of such amount and entered into with a single Person or group of Persons. For purposes of the foregoing,
“Sale and Leaseback Transaction” means any arrangement with any Person providing for the leasing by the Company or
any of its Subsidiaries of real or personal property that has been or is to be sold or transferred by the Company or any such Subsidiary
to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property
or rental obligations of the Company or such Subsidiary.

 

    	19

    	 

    

 

“Fair Market Value” means,
with respect to any asset or property, the fair market value of such asset or property as determined in good faith by senior management
of the Company or the Board of Directors, whose determination shall be conclusive.

 

“Financing Disposition”
means any sale, transfer, conveyance or other disposition of, or creation or incurrence of any Lien on, property or assets by the
Company or any Subsidiary thereof to or in favor of any Special Purpose Entity, or by any Special Purpose Subsidiary, in each case
in connection with the Incurrence by a Special Purpose Entity of Indebtedness, or obligations to make payments to the obligor on
Indebtedness, which may be secured by a Lien in respect of such property or assets.

 

“Fixed GAAP Date” means
the Reference Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect
to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such
date for all periods beginning on and after the date specified in such notice.

 

“Fixed GAAP Terms” means
(a) the definitions of the terms “Borrowing Base”, “Capitalized Lease Obligation”, “Consolidated
Coverage Ratio”, “Consolidated EBITDA”, “Consolidated Interest Expense”, “Consolidated Net
Income”, “Consolidated Secured Indebtedness”, “Consolidated Secured Leverage Ratio”, “Consolidated
Total Assets”, “Consolidated Total Indebtedness”, “Consolidated Total Leverage Ratio”, “Consolidation”,
“Inventory” or “Receivables”, (b) all defined terms in this Indenture to the extent used in
or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and
(c) any other term or provision of this Indenture or the Notes that, at the Company’s election, may be specified
by the Company by written notice to the Trustee from time to time.

 

“Foreign Subsidiary” means
any Subsidiary of the Company (a) that is not organized under the laws of the United States of America or any state thereof
or the District of Columbia and any Subsidiary of such Foreign Subsidiary (including, for the avoidance of doubt, any Subsidiary
of the Company which is organized and existing under the laws of Puerto Rico or any other territory of the United States of America)
or (b) that has no material assets other than securities or indebtedness of one or more Foreign Subsidiaries (or Subsidiaries
thereof), intellectual property relating to such Foreign Subsidiaries (or Subsidiaries thereof), and/or other assets (including
cash, Cash Equivalents and Temporary Cash Investments) relating to an ownership interest in any such securities, indebtedness,
intellectual property or Subsidiaries.

 

    	20

    	 

    

 

“GAAP” means generally
accepted accounting principles in the United States of America as in effect on the Fixed GAAP Date (for purposes of the Fixed GAAP
Terms) and as in effect from time to time (for all other purposes of this Indenture), including those set forth in the opinions
and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements
and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as approved by
a significant segment of the accounting profession, and subject to the following sentence. If at any time the SEC permits or requires
U.S. domiciled companies subject to the reporting requirements of the Exchange Act to use IFRS in lieu of GAAP for financial reporting
purposes, the Company may elect by written notice to the Trustee to so use IFRS in lieu of GAAP and, upon any such notice, references
herein to GAAP shall thereafter be construed to mean (a) for periods beginning on and after the date specified in such
notice, IFRS as in effect on the date specified in such notice (for purposes of the Fixed GAAP Terms) and as in effect from time
to time (for all other purposes of this Indenture) and (b) for prior periods, GAAP as defined in the first sentence
of this definition. All ratios and computations based on GAAP contained in this Indenture shall be computed in conformity with
GAAP.

 

“Governmental Authority”
means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local,
and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supranational
bodies such as the European Union or the European Central Bank).

 

“Guarantee” means any obligation,
contingent or otherwise, of any Person directly or indirectly guaranteeing any Indebtedness or other obligation of any other Person;
provided that the term “Guarantee” shall not include endorsements for collection or deposit in the ordinary
course of business. The term “Guarantee” used as a verb has a corresponding meaning.

 

“Guarantor Subordinated Obligations”
means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue
Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Subsidiary Guarantor
under its Subsidiary Guarantee pursuant to a written agreement.

 

“Guarantor Supplemental Indenture”
means a Supplemental Indenture, to be entered into substantially in the form attached hereto as Exhibit E.

 

“Hedge Agreements” means,
collectively, Interest Rate Agreements, Currency Agreements and Commodities Agreements.

 

“Hedging Obligations” of
any Person means the obligations of such Person pursuant to any Interest Rate Agreement, Currency Agreement or Commodities Agreement.

 

“Holder” or “Noteholder”
means the Person in whose name a Note is registered in the Note Register.

 

    	21

    	 

    

 

“IFRS” means International
Financial Reporting Standards and applicable accounting requirements set by the International Accounting Standards Board or any
successor thereto (or the Financial Accounting Standards Board, the Accounting Principles Board of the American Institute of Certified
Public Accountants, or any successor to either such board, or the SEC, as the case may be), as in effect from time to time.

 

“Incur” means issue, assume,
enter into any Guarantee of, incur or otherwise become liable for; and the terms “Incurs,” “Incurred”
and “Incurrence” shall have a correlative meaning; provided that any Indebtedness or Capital Stock of
a Person existing at the time such Person becomes a Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall
be deemed to be Incurred by such Subsidiary at the time it becomes a Subsidiary. Accrual of interest, the accretion of accreted
value, the payment of interest in the form of additional Indebtedness, and the payment of dividends on Capital Stock constituting
Indebtedness in the form of additional shares of the same class of Capital Stock, will not be deemed to be an Incurrence of Indebtedness.
Any Indebtedness issued at a discount (including Indebtedness on which interest is payable through the issuance of additional Indebtedness)
shall be deemed Incurred at the time of original issuance of the Indebtedness at the initial accreted amount thereof.

 

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

 

(i)          the
principal of indebtedness of such Person for borrowed money;

 

(ii)         the
principal of obligations of such Person evidenced by bonds, debentures, notes or other similar instruments;

 

(iii)        all
reimbursement obligations of such Person in respect of letters of credit, bankers’ acceptances or other similar instruments
(the amount of such obligations being equal at any time to the aggregate then undrawn and unexpired amount of such letters of credit,
bankers’ acceptances or other instruments plus the aggregate amount of drawings thereunder that have not then been reimbursed);

 

(iv)        all
obligations of such Person to pay the deferred and unpaid purchase price of property (except Trade Payables), which purchase price
is due more than one year after the date of placing such property in final service or taking final delivery and title thereto;

 

(v)         all
Capitalized Lease Obligations of such Person;

 

    	22

    	 

    

 

(vi)        the
redemption, repayment or other repurchase amount of such Person with respect to any Disqualified Stock of such Person or (if such
Person is a Subsidiary of the Company other than a Subsidiary Guarantor) any Preferred Stock of such Subsidiary, but excluding,
in each case, any accrued dividends (the amount of such obligation to be equal at any time to the maximum fixed involuntary redemption,
repayment or repurchase price for such Capital Stock, or if less (or if such Capital Stock has no such fixed price), to the involuntary
redemption, repayment or repurchase price therefor calculated in accordance with the terms thereof as if then redeemed, repaid
or repurchased, and if such price is based upon or measured by the fair market value of such Capital Stock, such fair market value
shall be as determined in good faith by senior management of the Company, the Board of Directors of the Company or the Board of
Directors of the issuer of such Capital Stock);

 

(vii)       all
Indebtedness of other Persons secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such
Person; provided that the amount of Indebtedness of such Person shall be the lesser of (A) the fair market value
of such asset at such date of determination (as determined in good faith by the Company) and (B) the amount of such
Indebtedness of such other Persons;

 

(viii)      all
Guarantees by such Person of Indebtedness of other Persons, to the extent so Guaranteed by such Person; and

 

(ix)         to
the extent not otherwise included in this definition, net Hedging Obligations of such Person (the amount of any such obligation
to be equal at any time to the termination value of such agreement or arrangement giving rise to such Hedging Obligation that would
be payable by such Person at such time).

 

The amount of Indebtedness of any Person at
any date shall be determined as set forth above or as otherwise provided for in this Indenture, or otherwise shall equal the amount
thereof that would appear as a liability on a balance sheet of such Person (excluding any notes thereto) prepared in accordance
with GAAP.

 

“Initial Additional Notes”
means Additional Notes issued in an offering not registered under the Securities Act (and any Notes issued in respect thereof pursuant
to Section 304, 305, 306, 312(d), 312(e) or 1008).

 

“Initial Notes” means the
8.25% Senior Notes due 2023 of the Company issued on the Issue Date pursuant to the first Notes Supplemental Indenture, dated as
of January 16, 2015 (and any Notes issued in respect thereof pursuant to Section 304, 305, 306, 312(d),
312(e) or 1008).

 

“interest,” with respect
to the Notes, means interest on the Notes and, except for purposes of Article IX, additional or special interest pursuant
to the terms of any Note.

 

“Interest Payment Date”
means, when used with respect to any Note and any installment of interest thereon, the date specified in such Note as the fixed
date on which such installment of interest is due and payable, as set forth in such Note.

 

“Interest Rate Agreement”
means, with respect to any Person, any interest rate protection agreement, future agreement, option agreement, swap agreement,
cap agreement, collar agreement, hedge agreement or other similar agreement or arrangement (including derivative agreements or
arrangements), as to which such Person is a party or a beneficiary.

 

    	23

    	 

    

 

“Inventory” means goods
held for sale, lease or use by a Person in the ordinary course of business, net of any reserve for goods that have been segregated
by such Person to be returned to the applicable vendor for credit, as determined in accordance with GAAP.

 

“Investment” in any Person
by any other Person means any direct or indirect advance, loan or other extension of credit (other than to customers, dealers,
licensees, franchisees, suppliers, consultants, directors, officers or employees of any Person in the ordinary course of business)
or capital contribution (by means of any transfer of cash or other property to others or any payment for property or services for
the account or use of others) to, or any purchase or acquisition of Capital Stock, Indebtedness or other similar instruments issued
by, such Person. For purposes of the definition of “Unrestricted Subsidiary” and Section 409 only, (i) “Investment”
shall include the portion (proportionate to the Company’s equity interest in such Subsidiary) of the Fair Market Value of
the net assets of any Subsidiary of the Company at the time that such Subsidiary is designated an Unrestricted Subsidiary; provided
that upon a redesignation of such Subsidiary as a Restricted Subsidiary, the Company shall be deemed to continue to have a permanent
“Investment” in an Unrestricted Subsidiary in an amount (if positive) equal to (x) the Company’s
“Investment” in such Subsidiary at the time of such redesignation less (y) the portion (proportionate to
the Company’s equity interest in such Subsidiary) of the Fair Market Value of the net assets of such Subsidiary at the time
of such redesignation, and (ii) any property transferred to or from an Unrestricted Subsidiary shall be valued at its
fair market value (as determined in good faith by the Company) at the time of such transfer and (iii) for purposes
of Section 409(a)(3)(C), the amount resulting from the redesignation of any Unrestricted Subsidiary as a Restricted Subsidiary
shall be the Fair Market Value of the Investment in such Unrestricted Subsidiary at the time of such redesignation. Guarantees
shall not be deemed to be Investments. The amount of any Investment outstanding at any time shall be the original cost of such
Investment, reduced (at the Company’s option) by any dividend, distribution, interest payment, return of capital, repayment
or other amount or value received in respect of such Investment; provided that to the extent that the amount of Restricted
Payments outstanding at any time pursuant to Section 409(a) is so reduced by any portion of any such amount or value that
would otherwise be included in the calculation of Consolidated Net Income, such portion of such amount or value shall not be so
included for purposes of calculating the amount of Restricted Payments that may be made pursuant to Section 409(a).

 

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

 

“Investment Grade Securities”
means (i) securities issued or directly and fully guaranteed or insured by the United States government or any agency
or instrumentality thereof (other than Cash Equivalents); (ii) debt securities or debt instruments with an Investment
Grade Rating, but excluding any debt securities or instruments constituting loans or advances among the Company and its Subsidiaries;
(iii) investments in any fund that invests exclusively in investments of the type described in clauses (i) and
(ii) above, which fund may also hold cash pending investment or distribution; and (iv) corresponding instruments in
countries other than the United States customarily utilized for high quality investments.

 

    	24

    	 

    

 

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

 

“Junior Capital” means,
collectively, any Indebtedness of any Parent or the Company that (i) is not secured by any asset of the Company or
any Restricted Subsidiary, (ii) is expressly subordinated to the prior payment in full of the Notes on terms consistent
with those for senior subordinated high yield debt securities issued by U.S. companies sponsored by CD&R (as determined in
good faith by the Company, which determination shall be conclusive), (iii) has a final maturity date that is not earlier
than, and provides for no scheduled payments of principal prior to, the date that is 91 days after the maturity of the Notes (other
than through conversion or exchange of any such Indebtedness for Capital Stock (other than Disqualified Stock) of the Company,
Capital Stock of any Parent or any other Junior Capital), (iv) has no mandatory redemption or prepayment obligations
other than obligations that are subject to the prior payment in full in cash of the Notes and (v) does not require
the payment of cash interest until the date that is 91 days after the maturity of the Notes.

 

“Liabilities” means, collectively,
any and all claims, obligations, liabilities, causes of action, actions, suits, proceedings, investigations, judgments, decrees,
losses, damages, fees, costs and expenses (including without limitation interest, penalties and fees and disbursements of attorneys,
accountants, investment bankers and other professional advisors), in each case whether incurred, arising or existing with respect
to third parties or otherwise at any time or from time to time.

 

“Lien” means any mortgage,
pledge, security interest, encumbrance, lien or charge of any kind (including any conditional sale or other title retention agreement
or lease in the nature thereof).

 

“Limited Condition Acquisition”
means any acquisition by one or more of the Company and its Restricted Subsidiaries of any assets, business or Person, or any other
Investment permitted by this Indenture whose consummation is not conditioned on the availability of, or on obtaining, third party
financing.

 

“Management Advances” means
(1) loans or advances made to directors, management members, officers, employees or consultants of any Parent, the
Company or any Restricted Subsidiary (x) in respect of travel, entertainment or moving related expenses incurred in
the ordinary course of business, (y) in respect of moving related expenses incurred in connection with any closing
or consolidation of any facility, or (z) in the ordinary course of business and (in the case of this clause (z)) not
exceeding $5.0 million in the aggregate outstanding at any time, (2) promissory notes of Management Investors acquired
in connection with the issuance of Management Stock to such Management Investors, (3) Management Guarantees, or (4) other
Guarantees of borrowings by Management Investors in connection with the purchase of Management Stock, which Guarantees are permitted
under Section 407.

 

    	25

    	 

    

 

“Management Guarantees”
means guarantees (x) of up to an aggregate principal amount outstanding at any time of $15.0 million of borrowings
by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect
of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary
(1) in respect of travel, entertainment and moving related expenses incurred in the ordinary course of business, or
(2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $5.0 million in the aggregate
outstanding at any time.

 

“Management Indebtedness”
means Indebtedness Incurred to (a) any Person other than a Management Investor of up to an aggregate principal amount
outstanding at any time of $10.0 million, and (b) any Management Investor, in each case, to finance the repurchase
or other acquisition of Capital Stock of the Company, any Restricted Subsidiary or any Parent (including any options, warrants
or other rights in respect thereof) from any Management Investor, which repurchase or other acquisition of Capital Stock is permitted
by Section 409.

 

“Management Investors”
means the management members, officers, directors, employees and other members of the management of any Parent, the Company or
any of their respective Subsidiaries, or family members or relatives of any of the foregoing (provided that, solely for
purposes of the definition of “Permitted Holders,” such relatives shall include only those Persons who are or become
Management Investors in connection with estate planning for or inheritance from other Management Investors, as determined in good
faith by the Company, which determination shall be conclusive), or trusts, partnerships or limited liability companies for the
benefit of any of the foregoing, or any of their heirs, executors, successors and legal representatives, who at any date beneficially
own or have the right to acquire, directly or indirectly, Capital Stock of the Company, any Restricted Subsidiary or any Parent.

 

“Management Stock” means
Capital Stock of the Company, any Restricted Subsidiary or any Parent (including any options, warrants or other rights in respect
thereof) held by any of the Management Investors.

 

“Minority Business” means
any business unit of the Company that represents less than 50.0% of the Consolidated EBITDA of the Company and its Restricted Subsidiaries
for and as of the end of the last four fiscal quarters of the Company for which financial statements have been delivered pursuant
to Section 405.

 

“Minority Business Assets”
means the assets of the Company and its Subsidiaries, including Capital Stock of Subsidiaries, that relate to or form part of a
Minority Business.

 

    	26

    	 

    

 

“Minority Business Disposition”
means (i) any sale or other disposition of Capital Stock of any Minority Business Subsidiary (whether by issuance or
sale of Capital Stock, merger, or otherwise) to one or more Persons (other than the Company or a Restricted Subsidiary) in any
transaction or series of related transactions following the consummation of which such Minority Business Subsidiary is no longer
a Restricted Subsidiary of the Company (excluding any Minority Business Offering) or (ii) any sale or other disposition
of any assets of any Minority Business Subsidiary or other Minority Business Assets, including all or substantially all of the
assets of any Minority Business Subsidiary, to one or more Persons (other than the Company or a Restricted Subsidiary) in any transaction
or series of related transactions.

 

“Minority Business Disposition Condition”
means at any date of determination after giving effect to the Minority Business Disposition or Minority Business Offering, either
(1) the Company could Incur at least $1.00 of Indebtedness pursuant to Section 407(a) or (2) the
Consolidated Coverage Ratio of the Company would equal or exceed the Consolidated Coverage Ratio of the Company immediately prior
to giving effect thereto.

 

“Minority Business Offering”
means a public offering of Capital Stock of any Minority Business Subsidiary pursuant to a registration statement filed with the
SEC.

 

“Minority Business Subsidiary”
means any of the Company’s Subsidiaries and successors in interest thereto to the extent any of such Subsidiaries form part
of the relevant Minority Business.

 

“Moody’s” means Moody’s
Investors Service, Inc., and its successors.

 

“Net Available Cash” from
an Asset Disposition means an amount equal to the cash payments received (including any cash payments received by way of deferred
payment of principal pursuant to a note or installment receivable or otherwise, but only as and when received, but excluding any
other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to
the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each
case net of (i) all legal, title and recording tax expenses, commissions and other fees and expenses incurred, and
all Federal, state, provincial, foreign and local taxes required to be paid or to be accrued as a liability under GAAP, in each
case as a consequence of, or in respect of, such Asset Disposition (including as a consequence of any transfer of funds in connection
with the application thereof in accordance with Section 411), (ii) all payments made, and all installment payments
required to be made, on any Indebtedness (x) that is secured by any assets subject to such Asset Disposition, in accordance
with the terms of any Lien upon such assets, or (y) that must by its terms, or in order to obtain a necessary consent
to such Asset Disposition, or by applicable law, be repaid out of the proceeds from such Asset Disposition, including but not limited
to any payments required to be made to increase borrowing availability under any revolving credit facility, (iii) all
distributions and other payments required to be made to minority interest holders in Subsidiaries or joint ventures as a result
of such Asset Disposition, or to any other Person (other than the Company or a Restricted Subsidiary) owning a beneficial interest
in the assets disposed of in such Asset Disposition, (iv) any liabilities or obligations associated with the assets
disposed of in such Asset Disposition and retained, indemnified or insured by the Company or any Restricted Subsidiary after such
Asset Disposition, including without limitation pension and other post-employment benefit liabilities, liabilities related to environmental
matters, and liabilities relating to any indemnification obligations associated with such Asset Disposition, and (v) the
amount of any purchase price or similar adjustment (x) claimed by any Person to be owed by the Company or any Restricted
Subsidiary, until such time as such claim shall have been settled or otherwise finally resolved, or (y) paid or payable
by the Company or any Restricted Subsidiary, in either case in respect of such Asset Disposition.

 

    	27

    	 

    

 

“Net Cash Proceeds” means,
with respect to any issuance or sale of any securities of the Company or any Subsidiary by the Company or any Subsidiary, or any
capital contribution, means the cash proceeds of such issuance, sale, contribution or Incurrence net of attorneys’ fees,
accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant
and other fees actually incurred in connection with such issuance, sale, contribution or Incurrence and net of all taxes paid or
payable as a result, or in respect, thereof.

 

“Non-U.S. Person” means
a Person who is not a U.S. person, as defined in Regulation S.

 

“Notes” means the Initial
Notes, any Additional Notes, the Exchange Notes and any notes issued in respect thereof pursuant to Section 304, 305,
306, 312(d), 312(e) or 1008.

 

“Notes Supplemental Indenture”
means a Supplemental Indenture pursuant to which the Company issues Notes in accordance with Section 301, which may
be substantially in the form attached hereto as Exhibit G, or in such other form as the Company may determine in accordance
with Section 301.

 

“Obligations” means, with
respect to any Indebtedness, any principal, premium (if any), interest (including interest accruing on or after the filing of any
petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim for post-filing
interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, Guarantees of such Indebtedness (or
of Obligations in respect thereof), other monetary obligations of any nature and all other amounts payable thereunder or in respect
thereof.

 

“Offering Memorandum” means
the confidential Offering Memorandum of the Company, dated January 9, 2015, relating to the offering of the Initial Notes.

 

“Officer” means, with respect
to the Company or any other obligor upon the Notes, the Chairman of the Board, the President, the Chief Executive Officer, the
Chief Financial Officer, any Vice President, the Controller, the Treasurer or the Secretary (a) of such Person or (b) if
such Person is owned or managed by a single entity, of such entity (or any other individual designated as an “Officer”
for the purposes of this Indenture by the Board of Directors).

 

“Officer’s Certificate”
means, with respect to the Company or any other obligor upon the Notes, a certificate signed by one Officer of such Person. Unless
otherwise specified, any requirement to provide an Officer’s Certificate hereunder shall mean Officer’s Certificate
of the Company.

 

    	28

    	 

    

 

“Opinion of Counsel” means
a written opinion from legal counsel who is reasonably acceptable to the Trustee. The counsel may be an employee of or counsel
to the Company or the Trustee.

 

“Outstanding” or “outstanding,”
when used with respect to Notes means, as of the date of determination, all Notes theretofore authenticated and delivered under
this Indenture, except:

 

(i)          Notes
theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

 

(ii)         Notes
for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any Paying Agent
in trust for the Holders of such Notes; provided that, if such Notes are to be redeemed, notice of such redemption has been
duly given pursuant to this Indenture or provision therefor reasonably satisfactory to the Trustee has been made; and

 

(iii)        Notes
in exchange for or in lieu of which other Notes have been authenticated and delivered pursuant to this Indenture.

 

A Note does not cease to be Outstanding because
the Company or any Affiliate of the Company holds the Note (and such Note shall be deemed to be outstanding for purposes of this
Indenture); provided that in determining whether the Holders of the requisite amount of Outstanding Notes have given any
request, demand, authorization, direction, notice, consent or waiver hereunder, Notes owned by the Company or any Affiliate of
the Company shall be disregarded and deemed not to be Outstanding, except that, for the purpose of determining whether the Trustee
shall be protected in relying on any such request, demand, authorization, direction, notice, consent or waiver, only Notes which
the Trustee actually knows are so owned shall be so disregarded. Notes so owned that have been pledged in good faith may be regarded
as Outstanding if the pledgee establishes to the reasonable satisfaction of the Trustee the pledgee’s right to act with respect
to such Notes and that the pledgee is not the Company or an Affiliate of the Company.

 

“Parent” means any Other
Parent and any other Person that is a Subsidiary of any Other Parent and of which the Company is a Subsidiary. As used herein,
“Other Parent” means a Person of which the Company becomes a Subsidiary after the Issue Date that is designated
by the Company as an “Other Parent”; provided that either (x) immediately after the Company first becomes
a Subsidiary of such Person, more than 50.0% of the Voting Stock of such Person shall be held by one or more Persons that held
more than 50.0% of the Voting Stock of the Company or a Parent of the Company immediately prior to the Company first becoming such
Subsidiary or (y) such Person shall be deemed not to be an Other Parent for the purpose of determining whether a Change
of Control shall have occurred by reason of the Company first becoming a Subsidiary of such Person. The Company shall not in any
event be deemed to be a “Parent”.

 

    	29

    	 

    

 

“Parent Expenses” means
(i) costs (including all professional fees and expenses) incurred by any Parent in connection with maintaining its existence
or in connection with its reporting obligations under, or in connection with compliance with, applicable laws or applicable rules
of any governmental, regulatory or self-regulatory body or stock exchange, this Indenture or any other agreement or instrument
relating to Indebtedness of the Company or any Restricted Subsidiary, including in respect of any reports filed with respect to
the Securities Act, the Exchange Act or the respective rules and regulations promulgated thereunder, (ii) expenses incurred
by any Parent in connection with the acquisition, development, maintenance, ownership, prosecution, protection and defense of its
intellectual property and associated rights (including but not limited to trademarks, service marks, trade names, trade dress,
patents, copyrights and similar rights, including registrations and registration or renewal applications in respect thereof; inventions,
processes, designs, formulae, trade secrets, know-how, confidential information, computer software, data and documentation, and
any other intellectual property rights; and licenses of any of the foregoing) to the extent such intellectual property and associated
rights relate to the business or businesses of the Company or any Subsidiary thereof, (iii) indemnification obligations
of any Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements
with or for the benefit of any such Person (including the CD&R Indemnification Agreement), or obligations in respect of director
and officer insurance (including premiums therefor), (iv) other administrative and operational expenses of any Parent incurred
in the ordinary course of business, and (v) fees and expenses incurred by any Parent in connection with any offering of
Capital Stock or Indebtedness, (w) which offering is not completed, or (x) where the net proceeds of such offering
are intended to be received by or contributed or loaned to the Company or a Restricted Subsidiary, or (y) in a prorated
amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or
(z) otherwise on an interim basis prior to completion of such offering so long as any Parent shall cause the amount of such
expenses to be repaid to the Company or the relevant Restricted Subsidiary out of the proceeds of such offering promptly if completed.

 

“Paying Agent” means any
Person authorized by the Company to pay the principal of (and premium, if any) or interest on any Notes on behalf of the Company;
provided that neither the Company nor any of its Affiliates shall act as Paying Agent for purposes of Section 1102
or Section 1205. The Trustee will initially act as Paying Agent for the Notes.

 

“Permitted Holder” means
any of the following: (i) any of the CD&R Investors; (ii) any of the Management Investors, CD&R
and their respective Affiliates; (iii) any investment fund or vehicle managed, sponsored or advised by CD&R or
any Affiliate thereof, and any Affiliate of or successor to any such investment fund or vehicle; (iv) any limited or
general partners of, or other investors in, any CD&R Investor or any Affiliate thereof, or any such investment fund or vehicle;
and (v) any Person acting in the capacity of an underwriter (solely to the extent that and for so long as such Person
is acting in such capacity) in connection with a public or private offering of Capital Stock of any Parent or the Company. In addition,
any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) whose status as a “beneficial
owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) constitutes or results in a Change of Control in respect
of which a Change of Control Offer is made in accordance with the requirements of this Indenture, together with its Affiliates,
shall thereafter constitute Permitted Holders.

 

    	30

    	 

    

 

“Permitted Investment”
means an Investment by the Company or any Restricted Subsidiary in, or consisting of, any of the following:

 

(i)          a
Restricted Subsidiary, the Company, or a Person that will, upon the making of such Investment, become a Restricted Subsidiary (and
any Investment held by such Person that was not acquired by such Person, or made pursuant to a commitment by such Person that was
not entered into, in contemplation of so becoming a Restricted Subsidiary);

 

(ii)         another
Person if as a result of such Investment such other Person is merged or consolidated with or into, or transfers or conveys all
or substantially all its assets to, or is liquidated into, the Company or a Restricted Subsidiary (and, in each case, any Investment
held by such other Person that was not acquired by such Person, or made pursuant to a commitment by such Person that was not entered
into, in contemplation of such merger, consolidation or transfer);

 

(iii)        Temporary
Cash Investments, Investment Grade Securities or Cash Equivalents;

 

(iv)        receivables
owing to the Company or any Restricted Subsidiary, if created or acquired in the ordinary course of business;

 

(v)         any
securities or other Investments received as consideration in, or retained in connection with, sales or other dispositions of property
or assets, including Asset Dispositions made in compliance with Section 411;

 

(vi)        securities
or other Investments received in settlement of debts created in the ordinary course of business and owing to, or of other claims
asserted by, the Company or any Restricted Subsidiary, or as a result of foreclosure, perfection or enforcement of any Lien, or
in satisfaction of judgments, including in connection with any bankruptcy proceeding or other reorganization of another Person;

 

(vii)       Investments
in existence or made pursuant to legally binding written commitments in existence on the Issue Date;

 

(viii)      Currency
Agreements, Interest Rate Agreements, Commodities Agreements and related Hedging Obligations, which obligations are Incurred in
compliance with Section 407;

 

    	31

    	 

    

 

(ix)         pledges
or deposits (x) with respect to leases or utilities provided to third parties in the ordinary course of business or
(y) otherwise described in the definition of “Permitted Liens” or made in connection with Liens permitted
under Section 413;

 

(x)          (1)
Investments in or by any Special Purpose Subsidiary, or in connection with a Financing Disposition by, to, in or in favor of any
Special Purpose Entity, including Investments of funds held in accounts permitted or required by the arrangements governing such
Financing Disposition or any related Indebtedness, or (2) any promissory note issued by the Company, or any Parent;
provided that if such Parent receives cash from the relevant Special Purpose Entity in exchange for such note, an equal
cash amount is contributed by any Parent to the Company;

 

(xi)         bonds
secured by assets leased to and operated by the Company or any Restricted Subsidiary that were issued in connection with the financing
of such assets so long as the Company or any Restricted Subsidiary may obtain title to such assets at any time by paying a nominal
fee, canceling such bonds and terminating the transaction;

 

(xii)        the
Notes;

 

(xiii)       any
Investment to the extent made using Capital Stock of the Company (other than Disqualified Stock), Capital Stock of any Parent or
Junior Capital, as consideration;

 

(xiv)      Management
Advances;

 

(xv)       Investments
in Related Businesses in an aggregate amount outstanding at any time not to exceed an amount equal to the greater of $50.0 million
and 7.2% of Consolidated Total Assets;

 

(xvi)      any
transaction to the extent it constitutes an Investment that is permitted by and made in accordance with Section 412(b) (except
transactions described in clauses (i), (ii)(4), (iii), (v), (vi), (ix) and (x) of Section 412(b)), including any
Investment pursuant to any transaction described in clause (ii) of such paragraph (whether or not any Person party thereto
is at any time an Affiliate of the Company);

 

(xvii)     any
Investment by any Captive Insurance Subsidiary in connection with the provision of insurance to the Company or any of its Subsidiaries,
which Investment is made in the ordinary course of business of such Captive Insurance Subsidiary, or by reason of applicable law,
rule, regulation or order, or that is required or approved by any regulatory authority having jurisdiction over such Captive Insurance
Subsidiary or its business, as applicable; and

 

(xviii)    other
Investments in an aggregate amount outstanding at any time not to exceed an amount equal to the greater of $50.0 million and 7.2%
of Consolidated Total Assets.

 

    	32

    	 

    

 

If any Investment pursuant to clause (xv)
or (xviii) above, or Section 409(b)(vi) or Section 409(b)(xvi), as applicable, is made in any Person that is not
a Restricted Subsidiary and such Person thereafter (A) becomes a Restricted Subsidiary or (B) is merged
or consolidated into, or transfers or conveys all or substantially all of its assets to, or is liquidated into, the Company or
a Restricted Subsidiary, then such Investment shall thereafter be deemed to have been made pursuant to clause (i) or (ii) above,
respectively, and not clause (xv) or (xviii) above, or Section 409(b)(vi) or Section 409(b)(xvi), as applicable.

 

“Permitted Liens” means:

 

(a)          Liens
for taxes, assessments or other governmental charges not yet delinquent or the nonpayment of which in the aggregate would not reasonably
be expected to have a material adverse effect on the Company and its Restricted Subsidiaries or that are being contested in good
faith and by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the Company or a
Subsidiary thereof, as the case may be, in accordance with GAAP;

 

(b)          Liens
with respect to outstanding motor vehicle fines, and carriers’, warehousemen’s, mechanics’, landlords’,
materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business in respect of obligations
that are not overdue for a period of more than 60 days or that are bonded or that are being contested in good faith and by appropriate
proceedings;

 

(c)          pledges,
deposits or Liens in connection with workers’ compensation, professional liability insurance, insurance programs, unemployment
insurance and other social security and other similar legislation or other insurance-related obligations (including, without limitation,
pledges or deposits securing liability to insurance carriers under insurance or self-insurance arrangements);

 

(d)          pledges,
deposits or Liens to secure the performance of bids, tenders, trade, government or other contracts (other than for borrowed money),
obligations for utilities, leases, licenses, statutory obligations, completion guarantees, surety, judgment, appeal or performance
bonds, other similar bonds, instruments or obligations, and other obligations of a like nature incurred in the ordinary course
of business;

 

(e)          easements
(including reciprocal easement agreements), rights-of-way, building, zoning and similar restrictions, utility agreements, covenants,
reservations, restrictions, encroachments, charges, and other similar encumbrances or title defects incurred, or leases or subleases
granted to others, in the ordinary course of business, which do not in the aggregate materially interfere with the ordinary conduct
of the business of the Company and its Subsidiaries, taken as a whole;

 

    	33

    	 

    

 

(f)          Liens
existing on, or provided for under written arrangements existing on, the Issue Date, or (in the case of any such Liens securing
Indebtedness of the Company or any of its Subsidiaries existing or arising under written arrangements existing on the Issue Date)
securing any Refinancing Indebtedness in respect of such Indebtedness (other than Indebtedness
Incurred under Section 407(b)(i) and secured under clause (k)(1) of this definition) so long as the Lien securing such Refinancing
Indebtedness is limited to all or part of the same property or assets (plus improvements, accessions, proceeds or dividends or
distributions in respect thereof) that secured (or under such written arrangements could secure) the original Indebtedness;

 

(g)          (i)
mortgages, liens, security interests, restrictions, encumbrances or any other matters of record that have been placed by any developer,
landlord or other third party on property over which the Company or any Restricted Subsidiary of the Company has easement rights
or on any leased property and subordination or similar agreements relating thereto and (ii) any condemnation or eminent
domain proceedings affecting any real property;

 

(h)          Liens
securing Indebtedness (including Liens securing any Obligations in respect thereof) consisting of Hedging Obligations, Bank Products
Obligations, Purchase Money Obligations or Capitalized Lease Obligations Incurred in compliance with Section 407;

 

(i)          Liens
arising out of judgments, decrees, orders or awards in respect of which the Company or any Restricted Subsidiary shall in good
faith be prosecuting an appeal or proceedings for review, which appeal or proceedings shall not have been finally terminated, or
if the period within which such appeal or proceedings may be initiated shall not have expired;

 

(j)          leases,
subleases, licenses or sublicenses to or from third parties;

 

(k)          Liens
securing Indebtedness (including Liens securing any Obligations in respect thereof) consisting of (1) Indebtedness
Incurred in compliance with Section 407(b)(i), Section 407(b)(iv), Section 407(b)(v), Section 407(b)(vii)
or Section 407(b)(viii), or Section 407(b)(iii) (other than Refinancing Indebtedness Incurred in respect
of Indebtedness described in Section 407(a)), (2) Credit Facility Indebtedness Incurred in compliance with Section
407(b) (excluding, in the case of Section 407(b)(iii), any Refinancing Indebtedness Incurred in respect of Indebtedness
described in Section 407(a)), (3) the Notes, (4) Indebtedness of any Restricted Subsidiary that is not
a Subsidiary Guarantor (limited, in the case of this clause (4), to Liens on any of the property and assets of any Restricted Subsidiary
that is not a Subsidiary Guarantor), or (5) obligations in respect of Management Advances or Management Guarantees;
in each case under the foregoing clauses (1) through (5) including Liens securing any Guarantee of any thereof;

 

    	34

    	 

    

 

(l)          Liens
existing on property or assets of a Person at, or provided for under written arrangements existing at, the time such Person becomes
a Subsidiary of the Company (or at the time the Company or a Restricted Subsidiary acquires such property or assets, including
any acquisition by means of a merger or consolidation with or into the Company or any Restricted Subsidiary); provided,
however, that such existing Liens and arrangements are not created in connection with, or in contemplation of, such other
Person becoming such a Subsidiary (or such acquisition of such property or assets), and that such Liens are limited to all or part
of the same property or assets (plus improvements, accessions, proceeds or dividends or distributions in respect thereof) that
secured (or, under the written arrangements under which such Liens arose, could secure) the obligations to which such Liens relate;
provided, further, that for purposes of this clause (l), if a Person other than the Company is the Successor Company
with respect thereto, any Subsidiary thereof shall be deemed to become a Subsidiary of the Company, and any property or assets
of such Person or any such Subsidiary shall be deemed acquired by the Company or a Restricted Subsidiary, as the case may be, when
such Person becomes such Successor Company;

 

(m)          Liens
on Capital Stock, Indebtedness or other securities of an Unrestricted Subsidiary that secure Indebtedness or other obligations
of such Unrestricted Subsidiary;

 

(n)          any
encumbrance or restriction (including, but not limited to, pursuant to put and call agreements or buy/sell arrangements) with respect
to Capital Stock of any joint venture or similar arrangement pursuant to any joint venture or similar agreement;

 

(o)          Liens
securing Indebtedness (including Liens securing any Obligations in respect thereof) consisting of Refinancing Indebtedness Incurred
in respect of any Indebtedness (other than Indebtedness Incurred under Section 407(b)(i)
and secured under clause (k)(1) of this definition) secured by, or securing any refinancing, refunding, extension, renewal or replacement
(in whole or in part) of any other obligation secured by, any other Permitted Liens; provided that any such new Lien is
limited to all or part of the same property or assets (plus improvements, accessions, proceeds or dividends or distributions in
respect thereof) that secured (or, under the written arrangements under which the original Lien arose, could secure) the obligations
to which such Liens relate;

 

(p)          Liens
(1) arising by operation of law (or by agreement to the same effect) in the ordinary course of business, including
Liens arising under or by reason of the Perishable Agricultural Commodities Act of 1930, as amended from time to time, (2) on
property or assets under construction (and related rights) in favor of a contractor or developer or arising from progress or partial
payments by a third party relating to such property or assets, (3) on receivables (including related rights), (4) on
cash set aside at the time of the Incurrence of any Indebtedness or government securities purchased with such cash, in either case
to the extent that such cash or government securities prefund the payment of interest on such Indebtedness and are held in an escrow
account or similar arrangement to be applied for such purpose, (5) securing or arising by reason of any netting or
set-off arrangement entered into in the ordinary course of banking or other trading activities (including in connection with purchase
orders and other agreements with customers), (6) in favor of the Company or any Subsidiary (other than Liens on property
or assets of the Company or any Subsidiary Guarantor in favor of any Subsidiary that is not a Subsidiary Guarantor), (7) arising
out of conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into in the ordinary
course of business, (8) on inventory or other goods and proceeds securing obligations in respect of bankers’
acceptances issued or created to facilitate the purchase, shipment or storage of such inventory or other goods, (9) relating
to pooled deposit or sweep accounts to permit satisfaction of overdraft, cash pooling or similar obligations incurred in the ordinary
course of business, (10) attaching to commodity trading or other brokerage accounts incurred in the ordinary course
of business or (11) arising in connection with repurchase agreements permitted under Section 407 on assets that
are the subject of such repurchase agreements;

 

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(q)          other
Liens securing Indebtedness or other obligations that in the aggregate do not exceed an amount equal to the greater of $35.0 million
and 5.0% of Consolidated Total Assets at the time of Incurrence of such Indebtedness or other obligations; and

 

(r)          Liens
securing Indebtedness (including Liens securing any Obligations in respect thereof) or other obligations of, or in favor of, any
Special Purpose Entity, or in connection with a Special Purpose Financing or otherwise Incurred pursuant to Section 407(b)(ix).

 

For purposes of determining compliance with
this definition, (u) a Lien need not be incurred solely by reference to one category of Permitted Liens described in
this definition but may be incurred under any combination of such categories (including in part under one such category and in
part under any other such category), (v) in the event that a Lien (or any portion thereof) meets the criteria of one
or more of such categories of Permitted Liens, the Company shall, in its sole discretion, classify or reclassify such Lien (or
any portion thereof) in any manner that complies with this definition, (w) the principal amount of Indebtedness secured
by a Lien outstanding under any category of Permitted Liens shall be determined after giving effect to the application of proceeds
of any such Indebtedness to refinance any such other Indebtedness, (x) any Lien securing Indebtedness that was permitted
to secure such Indebtedness at the time of the Incurrence of such Indebtedness shall also be permitted to secure any increase in
the amount of such Indebtedness in connection with the accrual of interest, the accretion of accreted value, the payment of interest
in the form of additional Indebtedness and the payment of dividends on Capital Stock constituting Indebtedness in the form of additional
shares of the same class of Capital Stock, (y) if any Indebtedness or other obligation is secured by any Lien outstanding
under any category of Permitted Liens measured by reference to a percentage of Consolidated Total Assets at the time of incurrence
of such Indebtedness or other obligations, and is refinanced by any Indebtedness or other obligation secured by any Lien incurred
by reference to such category of Permitted Liens, and such refinancing would cause the percentage of Consolidated Total Assets
to be exceeded if calculated based on the Consolidated Total Assets on the date of such refinancing, such percentage of Consolidated
Total Assets shall not be deemed to be exceeded (and such refinancing Lien shall be deemed permitted) so long as the principal
amount of such refinancing Indebtedness or other obligation does not exceed the principal amount of such Indebtedness or other
obligation being refinanced, plus the aggregate amount of fees, underwriting discounts, premiums and other costs and expenses (including
accrued and unpaid interest) incurred or payable in connection with such refinancing and (z) if any Indebtedness or other
obligation is secured by any Lien outstanding under any category of Permitted Liens measured by reference to a dollar amount, and
is refinanced by any Indebtedness or other obligation secured by any Lien incurred by reference to such category of Permitted Liens,
and such refinancing would cause such dollar amount to be exceeded, such dollar amount shall not be deemed to be exceeded (and
such refinancing Lien shall be deemed permitted) so long as the principal amount of such refinancing Indebtedness or other obligation
does not exceed the principal amount of such Indebtedness being refinanced, plus the aggregate amount of fees, underwriting discounts,
premiums and other costs and expenses (including accrued and unpaid interest) incurred or payable in connection with such refinancing.

 

    	36

    	 

    

 

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

 

“Place of Payment” means
a city or any political subdivision thereof in which any Paying Agent appointed pursuant to Article III is located.

 

“Predecessor Notes” of
any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular
Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 306 in lieu of a
mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen
Note.

 

“Preferred Stock” as applied
to the Capital Stock of any corporation or company means Capital Stock of any class or classes (however designated) that by its
terms is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation
or dissolution of such corporation or company, over Capital Stock of any other class of such corporation or company.

 

“Purchase Agreement” means
the Purchase Agreement, dated as of January 9, 2015, between the Company and the initial purchasers of the Notes, as the same may
be amended, supplemental, waived or otherwise modified from time to time.

 

“Purchase Money Obligations”
means any Indebtedness Incurred to finance or refinance the acquisition, leasing, construction or improvement of property (real
or personal) or assets, and whether acquired through the direct acquisition of such property or assets or the acquisition of the
Capital Stock of any Person owning such property or assets, or otherwise.

 

“QIB” means a “qualified
institutional buyer,” as that term is defined in Rule 144A.

 

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“Rating Agency” means Moody’s
or S&P or, if Moody’s or S&P or both shall not make a rating on the Notes publicly available, a nationally recognized
statistical rating agency or agencies, as the case may be, selected by the Company which shall be substituted for Moody’s
or S&P or both, as the case may be.

 

“Receivable” means a right
to receive payment pursuant to an arrangement with another Person pursuant to which such other Person is obligated to pay, as determined
in accordance with GAAP.

 

“Redemption Amount” means
with respect to any series of Notes, “Redemption Amount” as such term is defined in the Notes Supplemental Indenture
establishing such series of Notes.

 

“Redemption Date,” when
used with respect to any Note to be redeemed or purchased, means the date fixed for such redemption or purchase by or pursuant
to this Indenture and the Notes.

 

“Redemption Price” means
with respect to any series of Notes, “Redemption Price” as such term is defined in the Notes Supplemental Indenture
establishing such series of Notes.

 

“Reference Date” means
June 22, 2012.

 

“refinance” means refinance,
refund, replace, renew, repay, modify, restate, defer, substitute, supplement, reissue, resell or extend (including pursuant to
any defeasance or discharge mechanism); and the terms “refinances,” “refinanced” and “refinancing”
as used for any purpose in this Indenture shall have a correlative meaning.

 

“Refinancing Indebtedness”
means Indebtedness that is Incurred to refinance any Indebtedness (or unutilized commitment in respect of Indebtedness) existing
on the date of this Indenture or Incurred (or established) in compliance with this Indenture (including Indebtedness of the Company
that refinances Indebtedness of any Restricted Subsidiary (to the extent permitted in this Indenture) and Indebtedness of any Restricted
Subsidiary that refinances Indebtedness of another Restricted Subsidiary) including Indebtedness that refinances Refinancing Indebtedness,
and Indebtedness Incurred pursuant to a commitment that refinances any Indebtedness or unutilized commitment; provided,
that (1) if the Indebtedness being refinanced is Subordinated Obligations or Guarantor Subordinated Obligations, the
Refinancing Indebtedness has a final Stated Maturity at the time such Refinancing Indebtedness is Incurred that is equal to or
greater than the final Stated Maturity of the Indebtedness being refinanced (or if shorter, of the Notes), (2) such
Refinancing Indebtedness is Incurred in an aggregate principal amount (or if issued with original issue discount, an aggregate
issue price) that is equal to or less than the sum of (x) the aggregate principal amount then outstanding of the Indebtedness
being refinanced, plus (y) an amount equal to any unutilized commitment relating to the Indebtedness being refinanced or
otherwise then outstanding under a Credit Facility or other financing arrangement being refinanced to the extent the unutilized
commitment being refinanced could be drawn in compliance with Section 407 immediately prior to such refinancing, plus
(z) fees, underwriting discounts, premiums and other costs and expenses (including accrued and unpaid interest) Incurred
or payable in connection with such Refinancing Indebtedness and (3) Refinancing Indebtedness shall not include (x) Indebtedness
of a Restricted Subsidiary that is not a Subsidiary Guarantor that refinances Indebtedness of the Company, or a Subsidiary Guarantor
that could not have been initially Incurred by such Restricted Subsidiary pursuant to Section 407 or (y) Indebtedness
of the Company or a Restricted Subsidiary that refinances Indebtedness of an Unrestricted Subsidiary.

 

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“Regular Record Date” means
with respect to any series of Notes, “Regular Record Date” as such term is defined in the Notes Supplemental Indenture
establishing such series of Notes.

 

“Regulation S” means
Regulation S under the Securities Act.

 

“Regulation S Certificate”
means a certificate substantially in the form attached hereto as Exhibit D.

 

“Related Business” means
those businesses in which the Company or any of its Subsidiaries is engaged on the Issue Date, or that are similar, related, complementary,
incidental or ancillary thereto or extensions, developments or expansions thereof.

 

“Related Taxes” means (x) any
taxes, charges or assessments, including but not limited to sales, use, transfer, rental, ad valorem, value added, stamp,
property, consumption, franchise, license, capital, net worth, gross receipts, excise, occupancy, intangibles or similar taxes,
charges or assessments (other than federal, state or local taxes measured by income and federal, state or local withholding imposed
by any government or other taxing authority on payments made by any Parent other than to another Parent), required to be paid by
any Parent by virtue of its being incorporated or having Capital Stock outstanding (but not by virtue of owning stock or other
equity interests of any corporation or other entity other than the Company, any of its Subsidiaries or any Parent), or being a
holding company parent of the Company, any of its Subsidiaries or any Parent or receiving dividends from or other distributions
in respect of the Capital Stock of the Company, any of its Subsidiaries or any Parent, or having guaranteed any obligations of
the Company or any Subsidiary thereof, or having made any payment in respect of any of the items for which the Company or any of
its Subsidiaries is permitted to make payments to any Parent pursuant to Section 409, or acquiring, developing, maintaining,
owning, prosecuting, protecting or defending its intellectual property and associated rights (including but not limited to receiving
or paying royalties for the use thereof) relating to the business or businesses of the Company or any Subsidiary thereof, (y) any
taxes attributable to any taxable period (or portion thereof) ending on or prior to the Issue Date, or to the consummation of any
of the 2009 Transactions, the 2012 Transactions or the Transactions, or to any Parent’s receipt of (or entitlement to) any
payment in connection with the 2009 Transactions, the 2012 Transactions or the Transactions, including any payment received after
the Issue Date pursuant to any agreement related to the 2009 Transactions, the 2012 Transactions or the Transactions or (z) any
other federal, state, foreign, provincial or local taxes measured by income for which any Parent is liable up to an amount not
to exceed, with respect to federal taxes, the amount of any such taxes that the Company and its Subsidiaries would have been required
to pay on a separate company basis, or on a consolidated basis as if the Company had filed a consolidated return on behalf of an
affiliated group (as defined in Section 1504 of the Code) of which it were the common parent, or with respect to state and
local taxes, the amount of any such taxes that the Company and its Subsidiaries would have been required to pay on a separate company
basis, or on a consolidated, combined, unitary or affiliated basis as if the Company had filed a consolidated, combined, unitary
or affiliated return on behalf of an affiliated group (as defined in the applicable state or local tax laws for filing such return)
consisting only of the Company and its Subsidiaries. Taxes include all interest, penalties and additions relating thereto.

 

    	39

    	 

    

 

“Resale Restriction Termination Date”
means, with respect to any Note, the date that is one year (or such other period as may hereafter be provided under Rule 144
under the Securities Act or any successor provision thereto as permitting the resale by non-affiliates of Restricted Securities
without restriction) after the later of the original issue date in respect of such Note and the last date on which the Company
or any Affiliate of the Company was the owner of such Note (or any Predecessor Note thereto).

 

“Responsible Officer” when
used with respect to the Trustee means the chairman or vice-chairman of the board of directors, the chairman or vice-chairman of
the executive committee of the board of directors, the president, any vice president or assistant vice president, the secretary,
any assistant secretary, the treasurer, any assistant treasurer, the cashier, any assistant cashier, any trust officer or assistant
trust officer, the controller and any assistant controller or any other officer of the Trustee customarily performing functions
similar to those performed by any of the above designated officers and also means, with respect to a particular corporate trust
matter, any other officer to whom such matter is referred because of his knowledge of and familiarity with the particular subject.

 

“Restricted Payment Transaction”
means any Restricted Payment permitted pursuant to Section 409, any Permitted Payment, any Permitted Investment, or any
transaction specifically excluded from the definition of the term “Restricted Payment” (including pursuant to the exception
contained in clause (i) of such definition and the parenthetical exclusions contained in clauses (ii) and (iii) of
such definition).

 

“Restricted Period” means
the 40-day distribution compliance period as defined in Regulation S.

 

“Restricted Security” has
the meaning assigned to such term in Rule 144(a)(3) under the Securities Act; provided, however, that the Trustee
shall be entitled to receive, at its request, and conclusively rely on an Opinion of Counsel with respect to whether any Note constitutes
a Restricted Security.

 

“Restricted Subsidiary”
means any Subsidiary of the Company other than an Unrestricted Subsidiary.

 

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

 

“S&P” means Standard
& Poor’s Ratings Group, a division of The McGraw-Hill Companies, Inc., and its successors.

 

“SEC” means the United
States Securities and Exchange Commission.

 

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

 

“Senior ABL Agreement”
means the Loan and Security Agreement, dated as of October 20, 2009, among the Company, as a guarantor, the Subsidiaries of the
Company party thereto from time to time, the lenders and other financial institutions party thereto from time to time, and Wells
Fargo Capital Finance, LLC (formerly known as Wells Fargo Foothill, LLC), as administrative agent and co-collateral agent thereunder,
as amended by Amendment No. 1 to Loan and Security Agreement, dated as of December 3, 2010, Amendment No. 2 to Loan and Security
Agreement, dated as of May 2, 2012, and Amendment No. 3 to Loan and Security Agreement, dated as of November 7, 2014, and as such
agreement may be further amended, supplemented, waived or otherwise modified from time to time or refunded, refinanced, restructured,
replaced, renewed, repaid, increased or extended from time to time (whether in whole or in part, whether with the original administrative
agent and lenders or other agents and lenders or otherwise, and whether provided under the original Senior ABL Agreement or one
or more other credit agreements or otherwise), except to the extent such agreement, instrument or other document expressly provides
that it is not intended to be and is not a Senior ABL Agreement. Any reference to the Senior ABL Agreement hereunder shall be deemed
a reference to each Senior ABL Agreement then in existence.

 

“Senior ABL Facility” means
the collective reference to the Senior ABL Agreement, any Financing Agreements (as defined therein), any notes and letters of credit
issued pursuant thereto and any guarantee and collateral agreement, patent and trademark security agreement, mortgages, letter
of credit applications and other guarantees, pledge agreements, security agreements and collateral documents, and other instruments
and documents, executed and delivered pursuant to or in connection with any of the foregoing, in each case as the same may be amended,
supplemented, waived or otherwise modified from time to time, or refunded, refinanced, restructured, replaced, renewed, repaid,
increased or extended from time to time (whether in whole or in part, whether with the original agent and lenders or other agents
and lenders or otherwise, and whether provided under the original Senior ABL Agreement or one or more other credit agreements,
indentures (including this Indenture) or financing agreements or otherwise), except to the extent such agreement, instrument or
document expressly provides that it is not intended to be and is not a Senior ABL Facility. Without limiting the generality of
the foregoing, the term “Senior ABL Facility” shall include any agreement (i) changing the maturity of any Indebtedness
Incurred thereunder or contemplated thereby, (ii) adding the Company as an additional borrower thereunder, or adding Subsidiaries
of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder
or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

 

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“Senior Credit Agreements”
means, collectively, the Senior ABL Agreement and the Senior Term Agreement.

 

“Senior Credit Facilities”
means, collectively, the Senior ABL Facility and the Senior Term Facility.

 

“Senior Indebtedness” means
any Indebtedness of the Company or any Restricted Subsidiary other than, (x) in the case of the Company, Subordinated
Obligations and (y) in the case of any Subsidiary Guarantor, Guarantor Subordinated Obligations.

 

“Senior Term Agreement”
means the Credit Agreement, dated as of the Reference Date, among the Company, the lenders and other financial institutions party
thereto from time to time, and Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent thereunder,
as amended by Amendment No. 1 to Credit Agreement and Guarantee and Collateral Agreement, dated as of June 24, 2013, and as such
agreement may be further amended, supplemented, waived or otherwise modified from time to time or refunded, refinanced, restructured,
replaced, renewed, repaid, increased or extended from time to time (whether in whole or in part, whether with the original administrative
agent and lenders or other agents and lenders or otherwise, and whether provided under the original Senior Term Agreement or one
or more other credit agreements or otherwise), except to the extent such agreement, instrument or document expressly provides that
it is not intended to be and is not a Senior Term Agreement. Any reference to the Senior Term Agreement hereunder shall be deemed
a reference to each Senior Term Agreement then in existence.

 

“Senior Term Facility”
means the collective reference to the Senior Term Agreement, any Loan Documents (as defined therein), any notes and letters of
credit issued pursuant thereto and any guarantee and collateral agreement, patent and trademark security agreement, mortgages,
letter of credit applications and other guarantees, pledge agreements, security agreements and collateral documents, and other
instruments and documents, executed and delivered pursuant to or in connection with any of the foregoing, in each case as the same
may be amended, supplemented, waived or otherwise modified from time to time, or refunded, refinanced, restructured, replaced,
renewed, repaid, increased or extended from time to time (whether in whole or in part, whether with the original agent and lenders
or other agents and lenders or otherwise, and whether provided under the original Senior Term Agreement or one or more other credit
agreements, indentures (including this Indenture) or financing agreements or otherwise), except to the extent such agreement, instrument
or document expressly provides that it is not intended to be and is not a Senior Term Facility. Without limiting the generality
of the foregoing, the term “Senior Term Facility” shall include any agreement (i) changing the maturity of any
Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers
or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder
or (iv) otherwise altering the terms and conditions thereof.

 

    	42

    	 

    

 

“Significant Subsidiary”
means any Restricted Subsidiary that would be a “significant subsidiary” of the Company within the meaning of Rule
1-02 under Regulation S-X promulgated by the SEC, as such Regulation is in effect on the Issue Date.

 

“Special Purpose Entity”
means (x) any Special Purpose Subsidiary or (y) any other Person that is engaged in the business of (i) acquiring,
selling, collecting, financing or refinancing Receivables, accounts (as defined in the Uniform Commercial Code as in effect in
any jurisdiction from time to time), other accounts and/or other receivables, and/or related assets and/or (ii) financing
or refinancing in respect of Capital Stock of any Special Purpose Subsidiary.

 

“Special Purpose Financing”
means any financing or refinancing of assets consisting of or including Receivables of the Company or any Restricted Subsidiary
that have been transferred to a Special Purpose Entity or made subject to a Lien in a Financing Disposition (including any financing
or refinancing in respect of Capital Stock of a Special Purpose Subsidiary held by another Special Purpose Subsidiary).

 

“Special Purpose Financing Expense”
means for any period, (a) the aggregate interest expense for such period on any Indebtedness of any Special Purpose
Subsidiary that is a Restricted Subsidiary, which Indebtedness is not recourse to the Company or any Restricted Subsidiary that
is not a Special Purpose Subsidiary (other than with respect to Special Purpose Financing Undertakings), and (b) Special
Purpose Financing Fees.

 

“Special Purpose Financing Fees”
means distributions or payments made directly or by means of discounts with respect to any participation interest issued or sold
in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Special Purpose
Financing.

 

“Special Purpose Financing Undertakings”
means representations, warranties, covenants, indemnities, guarantees of performance and (subject to clause (y) of the proviso
below) other agreements and undertakings entered into or provided by the Company or any of its Restricted Subsidiaries that the
Company determines in good faith (which determination shall be conclusive) are customary or otherwise necessary or advisable in
connection with a Special Purpose Financing or a Financing Disposition; provided that (x) it is understood that
Special Purpose Financing Undertakings may consist of or include (i) reimbursement and other obligations in respect
of notes, letters of credit, surety bonds and similar instruments provided for credit enhancement purposes, (ii) Hedging
Obligations, or other obligations relating to Interest Rate Agreements, Currency Agreements or Commodities Agreements entered into
by the Company or any Restricted Subsidiary, in respect of any Special Purpose Financing or Financing Disposition, or (iii) any
Guarantee in respect of customary recourse obligations (as determined in good faith by the Company, which determination shall be
conclusive) in connection with any Special Purpose Financing or Financing Disposition, including in respect of Liabilities in the
event of any involuntary case commenced with the collusion of any Special Purpose Subsidiary or any Affiliate thereof, or any voluntary
case commenced by any Special Purpose Subsidiary, under any applicable bankruptcy law, and (y) subject to the preceding
clause (x), any such other agreements and undertakings shall not include any Guarantee of Indebtedness of a Special Purpose Subsidiary
by the Company or a Restricted Subsidiary that is not a Special Purpose Subsidiary.

 

    	43

    	 

    

 

“Special Purpose Subsidiary”
means any Subsidiary of the Company that (a) is engaged solely in (x) the business of (i) acquiring,
selling, collecting, financing or refinancing Receivables, accounts (as defined in the Uniform Commercial Code as in effect in
any jurisdiction from time to time) and other accounts and receivables (including any thereof constituting or evidenced by chattel
paper, instruments or general intangibles), all proceeds thereof and all rights (contractual and other), collateral and other assets
relating thereto, and/or (ii) owning or holding Capital Stock of any Special Purpose Subsidiary and/or engaging in
any financing or refinancing in respect thereof, and (y) any business or activities incidental or related to such business,
and (b) is designated as a “Special Purpose Subsidiary” by the Company.

 

“Special Record Date” for
the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 307.

 

“Stated Maturity” means,
with respect to any Indebtedness, the date specified in such Indebtedness as the fixed date on which the payment of principal of
such Indebtedness is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing
for the repurchase or repayment of such Indebtedness at the option of the holder thereof upon the happening of any contingency).

 

“Subordinated Obligations”
means any Indebtedness of the Company (whether outstanding on the date of this Indenture or thereafter Incurred) that is expressly
subordinated in right of payment to the Notes pursuant to a written agreement.

 

“Subsidiary” of any Person
means any corporation, association, partnership or other business entity of which more than 50.0% of the total voting power of
shares of Capital Stock or other equity interests (including partnership interests) entitled (without regard to the occurrence
of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly
or indirectly, by (i) such Person or (ii) one or more Subsidiaries of such Person.

 

“Subsidiary Guarantee”
means any guarantee of the Notes that may from time to time be entered into by a Restricted Subsidiary of the Company on the Issue
Date or after the Issue Date pursuant to Section 414. As used in this Indenture, “Subsidiary Guarantee” refers
to a Subsidiary Guarantee of the Notes.

 

“Subsidiary Guarantor”
means any Restricted Subsidiary of the Company that enters into a Subsidiary Guarantee, in each case, unless and until such Subsidiary
is released from such Subsidiary Guarantee in accordance with the terms of this Indenture.

 

“Tax Sharing Agreement”
means “Tax Sharing Agreement” as defined in the Senior Term Agreement.

 

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“Temporary Cash Investments”
means any of the following: (i) any investment in (x) direct obligations of the United States of America,
Canada a member state of the European Union or any country in whose currency funds are being held pending their application in
the making of an investment or capital expenditure by the Company or a Restricted Subsidiary in that country or with such funds,
or any agency or instrumentality of any thereof, or obligations Guaranteed by the United States of America or a member state of
the European Union or any country in whose currency funds are being held pending their application in the making of an investment
or capital expenditure by the Company or a Restricted Subsidiary in that country or with such funds, or any agency or instrumentality
of any of the foregoing, or obligations guaranteed by any of the foregoing or (y) direct obligations of any foreign
country recognized by the United States of America rated at least “A” by S&P or “A-1” by Moody’s
(or, in either case, the equivalent of such rating by such organization or, if no rating of S&P or Moody’s then exists,
the equivalent of such rating by any nationally recognized rating organization), (ii) overnight bank deposits, and
investments in time deposit accounts, certificates of deposit, bankers’ acceptances and money market deposits (or, with respect
to foreign banks, similar instruments) maturing not more than one year after the date of acquisition thereof issued by (x) any
bank or other institutional lender under a Credit Facility or any affiliate thereof or (y) a bank or trust company
that is organized under the laws of the United States of America, any state thereof or any foreign country recognized by the United
States of America having capital and surplus aggregating in excess of $250.0 million (or the foreign currency equivalent thereof)
and whose long term debt is rated at least “A” by S&P or “A-1” by Moody’s (or, in either case,
the equivalent of such rating by such organization or, if no rating of S&P or Moody’s then exists, the equivalent of
such rating by any nationally recognized rating organization) at the time such Investment is made, (iii) repurchase
obligations with a term of not more than 30 days for underlying securities or instruments of the types described in clause (i) or
(ii) above entered into with a bank meeting the qualifications described in clause (ii) above, (iv) Investments
in commercial paper, maturing not more than 270 days after the date of acquisition, issued by a Person (other than that of the
Company or any of its Subsidiaries), with a rating at the time as of which any Investment therein is made of “P-2”
(or higher) according to Moody’s or “A-2” (or higher) according to S&P (or, in either case, the equivalent
of such rating by such organization or, if no rating of S&P or Moody’s then exists, the equivalent of such rating by
any nationally recognized rating organization), (v) Investments in securities maturing not more than one year after
the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States of America, or
by any political subdivision or taxing authority thereof, and rated at least “A” by S&P or “A” by Moody’s
(or, in either case, the equivalent of such rating by such organization or, if no rating of S&P or Moody’s then exists,
the equivalent of such rating by any nationally recognized rating organization), (vi) Indebtedness or Preferred Stock
(other than of the Company or any of its Subsidiaries) having a rating of “A” or higher by S&P or “A2”
or higher by Moody’s (or, in either case, the equivalent of such rating by such organization or, if no rating of S&P
or Moody’s then exists, the equivalent of such rating by any nationally recognized rating organization), (vii) investment
funds investing 95.0% of their assets in securities of the type described in clauses (i) through (vi) above (which funds
may also hold cash pending investment and/or distribution), (viii) any money market deposit accounts issued or offered by
a domestic commercial bank or a commercial bank organized and located in a country recognized by the United States of America,
in each case, having capital and surplus in excess of $250.0 million (or the foreign currency equivalent thereof), or investments
in money market funds subject to the risk limiting conditions of Rule 2a-7 (or any successor rule) of the SEC under the Investment
Company Act of 1940, as amended, and (ix) similar investments approved by the Board of Directors in the ordinary course
of business.

 

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“TIA” means the Trust Indenture
Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date of this Indenture, except as otherwise provided herein.

 

“Trade Payables” means,
with respect to any Person, any accounts payable or any indebtedness or monetary obligation to trade creditors created, assumed
or guaranteed by such Person arising in the ordinary course of business in connection with the acquisition of goods or services.

 

“Transactions” means, collectively,
any or all of the following (whether taking place prior to, on or following the Issue Date): (i) the entry into the Acquisition
Agreement and the consummation of the transactions contemplated thereby, including the Acquisition, (ii) the entry into
this Indenture and the Purchase Agreement and the offering and issuance of the Notes, (iii) the entry into Amendment No.
3 to the Senior ABL Agreement, (iv) the refinancing of certain existing Indebtedness of Centria, and (v) all other
transactions relating to any of the foregoing (including payment of fees and expenses related to any of the foregoing).

 

“Trust Officer” means any
corporate trust officer or any other officer or assistant officer of the Trustee customarily performing functions similar to those
performed by the persons who at the time shall be such corporate trust officers who shall have direct responsibility for the administration
of this Indenture, or any other officer of the Trustee to whom a corporate trust matter is referred because of his or her knowledge
of and familiarity with the particular subject.

 

“Trustee” means the party
named as such in this Indenture until a successor replaces it and, thereafter, means the successor.

 

“Uniform Commercial Code”
means the Uniform Commercial Code as in effect in the state of New York from time to time.

 

“Unrestricted Subsidiary”
means (i) any Subsidiary of the Company that at the time of determination is an Unrestricted Subsidiary, as designated
by the Board of Directors in the manner provided below, and (ii) any Subsidiary of an Unrestricted Subsidiary. The
Board of Directors may designate any Subsidiary of the Company (including any newly acquired or newly formed Subsidiary of the
Company) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Capital Stock or Indebtedness
of, or owns or holds any Lien on any property of, the Company or any other Restricted Subsidiary of the Company that is not a Subsidiary
of the Subsidiary to be so designated; provided, that (A) such designation was made at or prior to the Issue
Date, or (B) the Subsidiary to be so designated has total consolidated assets of $1,000 or less or (C) if
such Subsidiary has consolidated assets greater than $1,000, then such designation would be permitted under Section 409.
The Board of Directors may designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided, that immediately
after giving effect to such designation (x) the Company could Incur at least $1.00 of additional Indebtedness under
Section 407(a) or (y) the Consolidated Coverage Ratio would be greater than it was immediately prior to giving
effect to such designation or (z) such Subsidiary shall be a Special Purpose Subsidiary with no Indebtedness outstanding
other than Indebtedness that can be Incurred (and upon such designation shall be deemed to be Incurred and outstanding) pursuant
to Section 407(b). Any such designation by the Board of Directors shall be evidenced to the Trustee by promptly filing with
the Trustee a copy of the resolution of the Company’s Board of Directors giving effect to such designation and an Officer’s
Certificate of the Company certifying that such designation complied with the foregoing provisions.

 

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“U.S. Government Obligation”
means (x) any security that is (i) a direct obligation of the United States of America for the payment
of which the full faith and credit of the United States of America is pledged or (ii) an obligation of a Person controlled
or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally
guaranteed as a full faith and credit obligation by the United States of America, which, in either case under the preceding clause
(i) or (ii) is not callable or redeemable at the option of the issuer thereof, and (y) any depositary receipt
issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any U.S. Government Obligation
that is specified in clause (x) above and held by such bank for the account of the holder of such depositary receipt, or with
respect to any specific payment of principal of or interest on any U.S. Government Obligation that is so specified and held, provided
that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of
such depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific
payment of principal or interest evidenced by such depositary receipt.

 

“Voting Stock” of an entity
means all classes of Capital Stock of such entity then outstanding and normally entitled to vote in the election of directors or
all interests in such entity with the ability to control the management or actions of such entity.

 

Section 102.        Other
Definitions.

 

	Term	 	Defined in

    Section
	“Act”	 	108
	“Affiliate Transaction”	 	412
	“Agent Members”	 	312
	“Amendment”	 	410
	“Authentication Order”	 	303
	“Bankruptcy Law”	 	601
	“Certificate of Beneficial Ownership”	 	313
	“Change of Control Offer”	 	415

 

    	47

    	 

    

 

	Term	 	Defined in

Section
	“Covenant Defeasance”	 	1203
	“Custodian”	 	601
	“Declined Excess Proceeds”	 	411
	“Defaulted Interest”	 	307
	“Defeasance”	 	1202
	“Defeased Notes”	 	1201
	“Event of Default”	 	601
	“Excess Proceeds”	 	411
	“Expiration Date”	 	108
	“Global Notes”	 	201
	“Initial Agreement”	 	410
	“Initial Lien”	 	413
	“LCA Election”	 	121
	“LCA Test Date”	 	121
	“Note Register” and “Note Registrar”	 	305
	“Notice of Default”	 	601
	“Offer”	 	411
	“Permanent Regulation S Global Notes”	 	201
	“Permitted Payment”	 	409
	“Physical Notes”	 	201
	“Private Placement Legend”	 	203
	“Ratio Tested Committed Amount”	 	407
	“Refinancing Agreement”	 	410
	“Regulation S Global Notes”	 	201
	“Regulation S Note Exchange Date”	 	313
	“Regulation S Physical Notes”	 	201
	“Reporting Date”	 	405
	“Restricted Payment”	 	409
	“Reversion Date”	 	416
	“Rule 144A Global Note”	 	201
	“Rule 144A Physical Notes”	 	201
	“Subsidiary Guaranteed Obligations”	 	1301
	“Successor Company”	 	501
	“Suspended Covenants”	 	416
	“Suspension Date”	 	416
	“Suspension Period”	 	416
	“Temporary Regulation S Global Note”	 	201

 

Section 103.        Rules
of Construction. For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise
requires:

 

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(1)         the
terms defined in this Indenture have the meanings assigned to them in this Indenture;

 

(2)         “or”
is not exclusive;

 

(3)         all
accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP;

 

(4)         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;

 

(5)         all
references to “$” or “dollars” shall refer to the lawful currency of the United States of
America;

 

(6)         the
words “include,” “included” and “including,” as used herein, shall be
deemed in each case to be followed by the phrase “without limitation,” if not expressly followed by such phrase
or the phrase “but not limited to”;

 

(7)         words
in the singular include the plural, and words in the plural include the singular;

 

(8)         references
to sections of, or rules under, the Securities Act shall be deemed to include substitute, replacement or successor sections or
rules adopted by the SEC from time to time;

 

(9)         any
reference to a Section, Article or clause refers to such Section, Article or clause of this Indenture; and

 

(10)       notwithstanding
any provision of this Indenture, prior to the qualification of this Indenture under TIA, no provision of the TIA shall apply or
be incorporated by reference into this Indenture or the Notes, except as specifically set forth in this Indenture.

 

Section 104.        Incorporation
by Reference of TIA. Following qualification of this Indenture under the TIA, (i) whenever this Indenture refers
to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture and (ii) this
Indenture shall be subject to the mandatory provisions of the TIA, which shall be incorporated by reference in and made a part
of this Indenture. Any terms incorporated by reference in this Indenture pursuant to the preceding sentence that are defined by
the TIA, defined by any TIA reference to another statute or defined by SEC rule under the TIA, have the meanings so assigned to
them therein. The following TIA terms have the following meanings:

 

“indenture securities”
means the Notes.

 

“indenture security holder”
means a Noteholder.

 

    	49

    	 

    

 

“indenture to be qualified”
means this Indenture.

 

“indenture trustee”
or “institutional trustee” means the Trustee.

 

“obligor” on
the indenture securities means the Company, any Subsidiary Guarantor, and any successor or other obligor on the indenture securities.

 

Section 105.        Conflict
with TIA. Following the qualification of this Indenture under the TIA, if any provision hereof limits, qualifies or conflicts
with a provision of the TIA that is required under the TIA to be a part of and govern this Indenture, the latter provision shall
control. Following the qualification of this Indenture under the TIA, if any provision of this Indenture modifies or excludes any
provision of the TIA that may be so modified or excluded, the latter provision shall be deemed (i) to apply to this
Indenture as so modified or (ii) to be excluded, as the case may be.

 

Section 106.        Compliance
Certificates and Opinions. Upon any application or request by the Company or by any other obligor upon the Notes (including
any Subsidiary Guarantor) to the Trustee to take any action under any provision of this Indenture, the Company or such other obligor
(including any Subsidiary Guarantor), as the case may be, shall furnish to the Trustee such certificates and opinions as may be
required under (i) prior to the qualification of this Indenture under the TIA, this Indenture and (ii) following
the qualification of this Indenture under the TIA, the TIA. Each such certificate or opinion shall be given in the form of one
or more Officer’s Certificates, if to be given by an Officer, or an Opinion of Counsel, if to be given by counsel, and shall
comply with the requirements of (i) prior to the qualification of this Indenture under the TIA, this Indenture and
(ii) following the qualification of this Indenture under the TIA, the TIA and any other requirements set forth in this
Indenture. Notwithstanding the foregoing, in the case of any such request or application as to which the furnishing of any Officer’s
Certificate or Opinion of Counsel is specifically required by any provision of this Indenture relating to such particular request
or application, no additional certificate or opinion need be furnished.

 

Every certificate or opinion with respect
to compliance with a condition or covenant provided for in this Indenture (except for certificates provided for in Section 406)
shall include:

 

(1)         a
statement that the individual signing such certificate or opinion has read such covenant or condition, as applicable, and the definitions
herein relating thereto;

 

(2)         a
brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained
in such certificate or opinion are based;

 

(3)         a
statement that, in the opinion of such individual, he or she made such examination or investigation as is necessary to enable him
or her to express an informed opinion as to whether or not such covenant or condition, as applicable, has been complied with; and

 

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(4)         a
statement as to whether, in the opinion of such individual, such condition or covenant, as applicable, has been complied with.

 

Section 107.        Form
of Documents Delivered to Trustee. In any case where several matters are required to be certified by, or covered by an opinion
of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such
Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect
to some matters and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to
such matters in one or several documents.

 

Any certificate or opinion of an Officer 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 or opinion
is based are erroneous. Any such certificate or opinion of counsel may be based, insofar as it relates to factual matters, upon
a certificate or opinion of, or representations by, an Officer or Officers to the effect that the information with respect to such
factual matters is in the possession of the Company, unless such counsel knows that the certificate or opinion or representations
with respect to such matters are erroneous.

 

Where any Person is required to make, give
or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture,
they may, but need not, be consolidated and form one instrument.

 

Section 108.        Acts
of Noteholders; Record Dates. (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided
by this Indenture to be given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially
similar tenor signed by such Holders in person or by an agent duly appointed in writing; and, except as herein otherwise expressly
provided, such action shall become effective when such instrument or instruments are delivered to the Trustee, and, where it is
hereby expressly required, to the Company, as the case may be. Such instrument or instruments (and the action embodied therein
and evidenced thereby) are herein sometimes referred to as the “Act” of the Holders signing such instrument
or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any
purpose of this Indenture and (subject to Section 701) conclusive in favor of the Trustee, the Company, and any other
obligor upon the Notes, if made in the manner provided in this Section 108.

 

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

 

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(c)          The
ownership of Notes shall be proved by the Note Register.

 

(d)          Any
request, demand, authorization, direction, notice, consent, waiver or other action by the Holder of any Note shall bind the Holder
of every Note issued upon the transfer thereof or in exchange therefor or in lieu thereof, in respect of anything done, suffered
or omitted to be done by the Trustee, the Company or any other obligor upon the Notes in reliance thereon, whether or not notation
of such action is made upon such Note.

 

(e)          (i)
The Company may set any day as a record date for the purpose of determining the Holders of Outstanding Notes entitled to give,
make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this
Indenture to be given, made or taken by Holders of Notes, provided that the Company may not set a record date for, and the provisions
of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request or direction referred
to in the next paragraph. If any record date is set pursuant to this paragraph, the Holders of Outstanding Notes on such record
date (or their duly designated proxies), and no other Holders, shall be entitled to take the relevant action, whether or not such
Persons remain Holders after such record date; provided that no such action shall be effective hereunder unless taken on
or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Notes on such record date.
Nothing in this paragraph shall be construed to prevent the Company from setting a new record date for any action for which a record
date has previously been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with
no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective
any action taken by Holders of the requisite principal amount of Outstanding Notes on the date such action is taken. Promptly after
any record date is set pursuant to this paragraph, the Company, at its expense, shall cause notice of such record date, the proposed
action by Holders and the applicable Expiration Date to be given to the Trustee in writing and to each Holder of Notes in the manner
set forth in Section 110.

 

(ii)         The
Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Notes entitled to join in the
giving or making of (A) any Notice of Default, (B) any declaration of acceleration referred to in Section 602,
(C) any request to institute proceedings referred to in Section 607(ii) or (D) any direction
referred to in Section 612, in each case with respect to Notes. If any record date is set pursuant to this paragraph,
the Holders of Outstanding Notes on such record date, and no other Holders, shall be entitled to join in such notice, declaration,
request or direction, whether or not such Holders remain Holders after such record date; provided that no such action shall
be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount
of Outstanding Notes on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting a new
record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date
previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph
shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Notes on
the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Trustee, at the Company’s
expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given
to the Company in writing and to each Holder of Notes in the manner set forth in Section 110.

 

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(iii)        With
respect to any record date set pursuant to this Section 108, the party hereto that sets such record dates may designate
any day as the “Expiration Date” and from time to time may change the Expiration Date to any earlier or later
day; provided that no such change shall be effective unless notice of the proposed new Expiration Date is given to the Company
or the Trustee, whichever such party is not setting a record date pursuant to this Section 108(e) in writing, and to
each Holder of Notes in the manner set forth in Section 110, on or prior to the existing Expiration Date. If an Expiration
Date is not designated with respect to any record date set pursuant to this Section 108, the party hereto that set
such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date with
respect thereto, subject to its right to change the Expiration Date as provided in this paragraph. Notwithstanding the foregoing,
no Expiration Date shall be later than the 180th day after the applicable record date.

 

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

 

(v)         Without
limiting the generality of the foregoing, a Holder, including the Depositary, that is the Holder of a Global Note, may make, give
or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver
or other action provided in this Indenture to be made, given or taken by Holders, and the Depositary, as the Holder of a Global
Note, may provide its proxy or proxies to the beneficial owners of interests in any such Global Note through such depositary’s
standing instructions and customary practices.

 

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

 

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Section 109.        Notices,
Etc., to Trustee and Company. Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other
document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with,

 

(1)         the
Trustee by any Holder or by the Company or by any other obligor upon the Notes shall be sufficient for every purpose hereunder
if made, given, furnished or filed in writing to or with the Trustee at 246 Goose Lane, Suite 105, Guilford, Connecticut 06437,
Attention: Corporate Trust Department (telephone: (203) 453-4130; telecopier: (203) 453-1183) or at any other address
furnished in writing to the Company by the Trustee,

 

(2)         the
Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder if in writing and mailed, first class postage
prepaid, to the Company at 10943 North Sam Houston Parkway West, Houston, Texas 77064, Attention: Chief Financial Officer; with
copies to Debevoise & Plimpton LLP at 919 Third Avenue, New York, New York 10022, Attention: David A. Brittenham, Esq., or
at any other address furnished in writing to the Trustee by the Company, or

 

(3)         the
Company or the Trustee, by notice to the others, may designate additional or different addresses for subsequent notices or communications.

 

Section 110.        Notices
to Holders; Waiver. Where this Indenture provides for notice to Holders of any event, such notice shall be sufficiently given
(unless otherwise herein expressly provided) if in writing and mailed, first class postage prepaid, or by overnight air courier
guaranteeing next day delivery, to each Holder affected by such event, at such Holder’s address as it appears in the Note
Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice. In
any case where notice to 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 regular
mail service, or by reason of any other cause, it shall be impossible to mail notice of any event as required by any provision
of this Indenture, then such notification as shall be made with the approval of the Trustee (such approval not to be unreasonably
withheld) shall constitute a sufficient notification for every purpose hereunder.

 

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Notwithstanding any other provision of this
Indenture or any Note, where this Indenture or any Note provides for notice of any event (including any notice of redemption) to
a Holder of a Global Note (whether by mail or otherwise), such notice shall be sufficiently given if given to the Depositary for
such Note (or its designee) pursuant to the customary procedures of such Depositary (including delivery by electronic mail).

 

Section 111.        Effect
of Headings and Table of Contents. The Article and Section headings herein and the Table of Contents are for convenience only
and shall not affect the construction hereof.

 

Section 112.        Successors
and Assigns. All covenants and agreements in this Indenture by the Company shall bind its respective successors and assigns,
whether so expressed or not. All agreements of the Trustee in this Indenture shall bind its successors.

 

Section 113.        Separability
Clause. In case any provision in this Indenture or in the Notes shall be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

Section 114.        Benefits
of Indenture. Nothing in this Indenture or in the Notes, express or implied, shall give to any Person, other than the parties
hereto and their successors hereunder, any Paying Agent and the Holders, any benefit or any legal or equitable right, remedy or
claim under this Indenture.

 

Section 115.        GOVERNING
LAW. THIS INDENTURE AND THE NOTES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
THE TRUSTEE, THE COMPANY, ANY OTHER OBLIGOR IN RESPECT OF THE NOTES AND (BY THEIR ACCEPTANCE OF THE NOTES) THE HOLDERS AGREE TO
SUBMIT TO THE JURISDICTION OF ANY UNITED STATES FEDERAL OR STATE COURT LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW
YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE OR THE NOTES.

 

Section 116.        Legal
Holidays. In any case where any Interest Payment Date, Redemption Date or Stated Maturity of any Note shall not be a Business
Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Notes) payment of interest or
principal and premium (if any) need not be made at such Place of Payment on such date, but may be made on the next succeeding Business
Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at the
Stated Maturity, and no interest shall accrue on such payment for the intervening period.

 

Section 117.        No
Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator
or stockholder of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation
of the Company or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based
on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases
all such liability. The waiver and release are part of the consideration for issuance of the Notes.

 

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Section 118.        Exhibits
and Schedules. All exhibits and schedules attached hereto are by this reference made a part hereof with the same effect as
if herein set forth in full.

 

Section 119.        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 120.        Force
Majeure. To the extent permitted by the TIA, in no event shall the Trustee be responsible or liable for any failure or delay
in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control,
including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear
or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software
and hardware) services (it being understood that the Trustee shall use reasonable best efforts which are consistent with accepted
practices in the banking industry to resume performance as soon as practicable under the circumstances).

 

Section 121.        Limited
Condition Acquisition. In connection with any action being taken in connection with a Limited Condition Acquisition, for purposes
of determining compliance with any provision of this Indenture which requires that no Default, Event of Default or specified Event
of Default, as applicable, has occurred, is continuing or would result from any such action, as applicable, such condition shall,
at the option of the Company, be deemed satisfied, so long as no Default, Event of Default or specified Event of Default, as applicable,
exists on the date the definitive agreements for such Limited Condition Acquisition are entered into. For the avoidance of doubt,
if the Company has exercised its option under the first sentence of this Section 121, and any Default or Event of Default
occurs following the date the definitive agreements for the applicable Limited Condition Acquisition were entered into and prior
to the consummation of such Limited Condition Acquisition, any such Default or Event of Default shall be deemed to not have occurred
or be continuing for purposes of determining whether any action being taken in connection with such Limited Condition Acquisition
is permitted hereunder.

 

In connection with any action being taken
in connection with a Limited Condition Acquisition, for purposes of:

 

(i)          determining
compliance with any provision of this Indenture which requires the calculation of the Consolidated Coverage Ratio, the Consolidated
Secured Leverage Ratio or the Consolidated Total Leverage Ratio; or

 

(ii)         testing
baskets set forth in this Indenture (including baskets measured as a percentage of Consolidated Total Assets);

 

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in each case, at the option of the Company
(the Company’s election to exercise such option in connection with any Limited Condition Acquisition, an “LCA Election”),
the date of determination of whether any such action is permitted hereunder, shall be deemed to be the date the definitive agreements
for such Limited Condition Acquisition are entered into (the “LCA Test Date”), and if, after giving pro forma
effect to the Limited Condition Acquisition and the other transactions to be entered into in connection therewith (including any
Incurrence of Indebtedness and the use of proceeds thereof) as if they had occurred at the beginning of the most recent four consecutive
fiscal quarters of the Company ending prior to the LCA Test Date for which consolidated financial statements of the Company are
available, the Company could have taken such action on the relevant LCA Test Date in compliance with such ratio or basket, such
ratio or basket shall be deemed to have been complied with. For the avoidance of doubt, if the Company has made an LCA Election
and any of the ratios, baskets or amounts for which compliance was determined or tested as of the LCA Test Date are exceeded as
a result of fluctuations in any such ratio, basket or amount, including due to fluctuations in Consolidated EBITDA or Consolidated
Total Assets of the Company or the Person subject to such Limited Condition Acquisition or any applicable currency exchange rate,
at or prior to the consummation of the relevant transaction or action, such baskets, ratios or amounts will not be deemed to have
been exceeded as a result of such fluctuations. If the Company has made an LCA Election for any Limited Condition Acquisition,
then in connection with any subsequent calculation of any ratio or basket availability with respect to the Incurrence of Indebtedness
or Liens, or the making of Restricted Payments, mergers, the conveyance, lease or other transfer of all or substantially all of
the assets of the Company or the designation of an Unrestricted Subsidiary on or following the relevant LCA Test Date and prior
to the earlier of the date on which such Limited Condition Acquisition is consummated or the definitive agreement for such Limited
Condition Acquisition is terminated or expires without consummation of such Limited Condition Acquisition, any such ratio or basket
shall be calculated on a pro forma basis assuming such Limited Condition Acquisition and other transactions in connection therewith
(including any Incurrence of Indebtedness and the use of proceeds thereof) have been consummated.

 

ARTICLE II

NOTE FORMS

 

Section 201.        Forms
Generally. The Initial Notes and Initial Additional Notes that are not Exchange Notes and the Trustee’s certificate of
authentication relating thereto shall be in substantially the forms set forth, or referenced, in this Article II and
Exhibit A attached hereto (as such forms may be modified in accordance with Section 301). The Exchange
Notes and any Additional Notes that are not Initial Additional Notes, or that are issued in a registered offering pursuant to the
Securities Act, and the Trustee’s certificate of authentication relating thereto shall be in substantially the forms set
forth, or referenced, in this Article II and Exhibit B attached hereto (as such forms may be modified in
accordance with Section 301). Each of Exhibits A and B is hereby incorporated in and expressly made
a part of this Indenture. The Notes may have such appropriate insertions, omissions, substitutions, notations, legends, endorsements,
identifications and other variations as are required or permitted by law, stock exchange rule or depositary rule or usage, agreements
to which the Company is subject, if any, or other customary usage, or as may consistently herewith be determined by the Officers
of the Company executing such Notes, as evidenced by such execution (provided always that any such notation, legend, endorsement,
identification or variation is in a form acceptable to the Company). Each Note shall be dated the date of its authentication. The
terms of the Notes set forth in Exhibits A and B are part of the terms of this Indenture. Any portion of the
text of any Note may be set forth on the reverse thereof, with an appropriate reference thereto on the face of the Note.

 

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Initial Notes and any Initial Additional Notes
offered and sold in reliance on Rule 144A shall, unless the Company otherwise notifies the Trustee in writing, be issued in
the form of one or more permanent global Notes substantially in the form attached hereto as Exhibit A (as such form
may be modified in accordance with Section 301), except as otherwise permitted herein. Such Global Notes shall be referred
to collectively herein as the “Rule 144A Global Notes,” and shall be deposited with the Trustee, as custodian
for the Depositary or its nominee, for credit to an account of an Agent Member, and shall be duly executed by the Company and authenticated
by the Trustee as hereinafter provided. The aggregate principal amount of a Rule 144A Global Note may from time to time be increased
or decreased by adjustments made on the records of the Trustee, as custodian for the Depositary or its nominee, as hereinafter
provided.

 

Initial Notes and any Initial Additional Notes
offered and sold in offshore transactions in reliance on Regulation S under the Securities Act shall, unless the Company otherwise
notifies the Trustee in writing, be issued in the form of one or more temporary global Notes substantially in the form attached
hereto as Exhibit A (as such form may be modified in accordance with Section 301), except as otherwise
permitted herein. Such Global Notes shall be referred to herein as the “Temporary Regulation S Global Notes,”
and shall be deposited with the Trustee, as custodian for the Depositary or its nominee for the accounts of designated Agent Members
holding on behalf of Euroclear or Clearstream and shall be duly executed by the Company and authenticated by the Trustee as hereinafter
provided.

 

Following the expiration of the distribution
compliance period set forth in Regulation S with respect to any Temporary Regulation S Global Note, beneficial interests in such
Temporary Regulation S Global Note shall be exchanged as provided in Sections 312 and 313 for beneficial interests
in one or more permanent global Notes substantially in the form attached hereto as Exhibit A (as such form may be modified
in accordance with Section 301), except as otherwise permitted herein. Such Global Notes shall be referred to herein
as the “Permanent Regulation S Global Notes” and, together with the Temporary Regulation S Global Notes, as
the “Regulation S Global Notes.” The Permanent Regulation S Global Notes shall be deposited with the Trustee,
as custodian for the Depositary or its nominee for credit to the account of an Agent Member and shall be duly executed by the Company
and authenticated by the Trustee as hereinafter provided. Simultaneously with the authentication of a Permanent Regulation S Global
Note, the Trustee shall cancel the related Temporary Regulation S Global Note. The aggregate principal amount of a Regulation S
Global Note may from time to time be increased or decreased by adjustments made in the records of the Trustee, as custodian for
the Depositary or its nominee, as hereinafter provided.

 

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Subject to the limitations on the issuance
of certificated Notes set forth in Sections 312 and 313, Initial Notes and any Initial Additional Notes issued
pursuant to Section 305 in exchange for or upon transfer of beneficial interests (x) in a Rule 144A Global
Note shall be in the form of permanent certificated Notes substantially in the form attached hereto as Exhibit A (as
such form may be modified in accordance with Section 301) (the “Rule 144A Physical Notes”) or (y) in
a Regulation S Global Note (if any), on or after the Regulation S Note Exchange Date with respect to such Regulation S Global Note,
shall be in the form of permanent certificated Notes substantially in the form attached hereto as Exhibit A (as such
form may be modified in accordance with Section 301) (the “Regulation S Physical Notes”), respectively,
as hereinafter provided.

 

The Rule 144A Physical Notes and Regulation
S Physical Notes shall be construed to include any certificated Notes issued in respect thereof pursuant to Section 304,
305, 306 or 1008, and the Rule 144A Global Notes and Regulation S Global Notes shall be construed to include
any global Notes issued in respect thereof pursuant to Section 304, 305, 306 or 1008. The Rule
144A Physical Notes and the Regulation S Physical Notes, together with any other certificated Notes issued and authenticated pursuant
to this Indenture, are sometimes collectively herein referred to as the “Physical Notes.” The Rule 144A Global
Notes and the Regulation S Global Notes, together with any other global Notes that are issued and authenticated pursuant to this
Indenture, are sometimes collectively referred to as the “Global Notes.”

 

Exchange Notes shall be issued substantially
in the form attached hereto as Exhibit B (as such form may be modified in accordance with Section 301)
and, subject to Section 312(b), shall be in the form of one or more Global Notes.

 

Section 202.        Form
of Trustee’s Certificate of Authentication. The Notes will have endorsed thereon a Trustee’s certificate of authentication
in substantially the following form:

 

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

 

	 	 	 
	 	 	 
	 	 	as Trustee
	 	 	 
	 	 	By:	 
	 	 	 	Authorized Officer
	 	 	 
	Dated:	 	 

 

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If an appointment of an Authenticating Agent
is made pursuant to Section 714, the Notes may have endorsed thereon, in lieu of the Trustee’s certificate of
authentication, an alternative certificate of authentication in substantially the following form:

 

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

 

	 	 	[NAME]
	 	 	 
	 	 	as Trustee
	 	 	 
	 	 	By:	 
	 	 	 	As Authenticating Agent
	 	 	 
	 	 	 	 
	 	 	By:	 
	 	 	 	Authorized Officer
	Dated:	 	 

 

Section 203.        Restrictive
and Global Note Legends. Each Global Note and Physical Note (and all Notes issued in exchange therefor or substitution thereof)
shall bear the following legend set forth below (the “Private Placement Legend”) on the face thereof until the
Private Placement Legend is removed or not required in accordance with Section 313(4):

 

“THIS NOTE HAS NOT BEEN REGISTERED
UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER THE SECURITIES LAWS OF ANY
STATE OR OTHER JURISDICTION, AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR
BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH BELOW. EACH PURCHASER OF THIS NOTE IS HEREBY NOTIFIED THAT THE SELLER OF THIS NOTE
MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER OR
ANOTHER EXEMPTION UNDER THE SECURITIES ACT.

 

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BY ITS ACCEPTANCE HEREOF, THE HOLDER
OF THIS NOTE (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN
RULE 144A UNDER THE SECURITIES ACT), (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS NOTE IN AN OFFSHORE TRANSACTION
IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT OR (C) IT IS AN “INSTITUTIONAL” ACCREDITED INVESTOR
(AS DEFINED IN RULE 501(a)(1), (2), (3), OR (7) UNDER REGULATION D PROMULGATED UNDER THE SECURITIES ACT (AN “ACCREDITED
INVESTOR”) AND (2) AGREES THAT IT WILL NOT WITHIN [ONE YEAR—FOR NOTES ISSUED PURSUANT TO RULE 144A][40
DAYS—FOR NOTES ISSUED IN OFFSHORE TRANSACTIONS PURSUANT TO REGULATION S] AFTER THE LATER OF THE DATE OF THE ORIGINAL
ISSUANCE OF THIS NOTE AND THE DATE ON WHICH THE COMPANY OR ANY OF ITS RESPECTIVE AFFILIATES OWNED THIS NOTE, OFFER, RESELL OR OTHERWISE
TRANSFER THIS NOTE EXCEPT (A) (I) TO THE COMPANY OR ANY SUBSIDIARY THEREOF, (II) FOR SO LONG AS
THIS NOTE IS ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT INSIDE THE UNITED STATES TO A PERSON WHOM THE SELLER
REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (III) INSIDE
THE UNITED STATES TO AN ACCREDITED INVESTOR THAT IS ACQUIRING THE NOTES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF SUCH AN ACCREDITED
INVESTOR, IN EACH CASE IN A MINIMUM PRINCIPAL AMOUNT OF THE NOTES OF $250,000, FOR INVESTMENT PURPOSES AND NOT WITH A VIEW TO OR
FOR THE OFFER OR SALE IN CONNECTION WITH ANY DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, AND THAT PRIOR TO SUCH TRANSFER,
FURNISHES (OR HAS FURNISHED ON ITS BEHALF BY A U.S. BROKER-DEALER) TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS
AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS NOTE (THE FORM OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE
FOR THIS NOTE), (IV) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE
SECURITIES ACT (IF AVAILABLE), (V) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
ACT (IF AVAILABLE), (VI) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES
ACT (AND BASED UPON AN OPINION OF COUNSEL IF THE COMPANY SO REQUESTS), OR (VII) PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER THE SECURITIES ACT AND (B) IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE STATES OF THE UNITED
STATES AND OTHER JURISDICTIONS. BY ITS ACCEPTANCE HEREOF, THE HOLDER OF THIS NOTE FURTHER AGREES THAT IT WILL GIVE TO EACH PERSON
TO WHOM THIS NOTE IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THIS NOTE
PURSUANT TO SUBCLAUSES (III) TO (VI) OF CLAUSE (A) ABOVE, AND THAT, THE HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH
TO THE TRUSTEE AND THE COMPANY SUCH CERTIFICATIONS, LEGAL OPINIONS OR OTHER INFORMATION AS EITHER OF THEM MAY REASONABLY REQUIRE
TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND
“U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT.”

 

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Each Global Note, whether or not
an Initial Note, shall also bear the following legend on the face thereof:

 

“UNLESS THIS CERTIFICATE IS PRESENTED BY AN
AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”) TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE &
CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR
TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE
OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

 

TRANSFERS OF THIS GLOBAL NOTE SHALL BE LIMITED TO
TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE
AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH
IN SECTIONS 312 AND 313 OF THE INDENTURE (AS DEFINED HEREIN).”

 

Each Temporary Regulation S Global
Note shall also bear the following legend on the face thereof:

 

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

 

EXCEPT AS SPECIFIED IN THE INDENTURE, BENEFICIAL OWNERSHIP
INTERESTS IN THIS TEMPORARY REGULATION S GLOBAL NOTE WILL NOT BE EXCHANGEABLE FOR INTERESTS IN THE PERMANENT REGULATION S GLOBAL
NOTE OR ANY OTHER NOTE REPRESENTING AN INTEREST IN THE NOTES REPRESENTED HEREBY WHICH DO NOT CONTAIN A LEGEND CONTAINING RESTRICTIONS
ON TRANSFER, UNTIL THE EXPIRATION OF THE “40 DAY DISTRIBUTION COMPLIANCE PERIOD” (WITHIN THE MEANING OF RULE 903(b)(2)
OF REGULATION S UNDER THE SECURITIES ACT). DURING SUCH 40 DAY DISTRIBUTION COMPLIANCE PERIOD, BENEFICIAL OWNERSHIP INTERESTS IN
THIS TEMPORARY REGULATION S GLOBAL NOTE MAY NOT BE SOLD, PLEDGED OR TRANSFERRED TO A U.S. PERSON OR FOR THE ACCOUNT OR BENEFIT
OF A U.S. PERSON.”

 

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ARTICLE III

THE NOTES

 

Section 301.        Amount
Unlimited; Issuable in Series. The aggregate principal amount of Notes that may be authenticated and delivered and Outstanding
under this Indenture is not limited. The Notes may be issued from time to time in one or more series. Except as provided in Section 902,
all Notes (including any Exchange Notes issued in exchange therefor) will vote (or consent) as a class with the other Notes and
otherwise be treated as Notes for all purposes of this Indenture.

 

The following matters shall be established
with respect to each series of Notes issued hereunder in a Notes Supplemental Indenture:

 

(1)         the
title of the Notes of the series (which title shall distinguish the Notes of the series from all other series of Notes);

 

(2)         any
limit (if any) upon the aggregate principal amount of the Notes of the series that may be authenticated and delivered under this
Indenture (which limit shall not pertain to Notes authenticated and delivered upon registration of, transfer of, or in exchange
for, or in lieu of, other Notes of the series pursuant to Section 304, 305, 306, 312(d), 312(e)
or 1008);

 

(3)         the
date or dates on which the principal of and premium, if any, on the Notes of the series is payable or the method of determination
and/or extension of such date or dates, and the amount or amounts of such principal and premium, if any, payments and methods of
determination thereof;

 

(4)         the
rate or rates at which the Notes of the series shall bear interest, if any, or the method of calculating and/or resetting such
rate or rates of interest, the date or dates from which such interest shall accrue or the method by which such date or dates shall
be determined, and the Interest Payment Dates on which any such interest shall be payable;

 

(5)         the
period or periods within which, the price or prices at which, and other terms and conditions upon which Notes of the series may
be redeemed, in whole or in part, at the option of the Company, if the Company is to have the option;

 

(6)         if
other than the principal amount thereof, the portion of the principal amount of Notes of the series that shall be payable upon
declaration of acceleration of maturity thereof pursuant to Section 602 or the method by which such portion shall be
determined;

 

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(7)         in
the case of any Notes, other than Initial Notes, any addition to or change in the Events of Default which apply to any Notes of
the series and any change in the right of the Trustee or the requisite Holders of such Notes to declare the principal amount thereof
due and payable pursuant to Section 602;

 

(8)         in
the case of any Notes, other than Initial Notes, any addition to or change in the covenants set forth in Articles 4 and
5; and

 

(9)         in
the case of any Notes, other than Initial Notes, any addition to or change in the definitions in Section 101 related to
additions or changes contemplated by the foregoing clauses (7) and (8).

 

The form of the Notes of such series, as set forth in Exhibit A
or B as the case may be, may be modified to reflect such matters as so established in such Notes Supplemental Indenture.

 

Such matters may also be established in a
Notes Supplemental Indenture for any Additional Notes issued hereunder that are to be of the same series as any Notes previously
issued hereunder. Notes that have the same terms described in the foregoing clauses (1) though (9) will be treated as the
same series, unless otherwise designated by the Company.

 

Section 302.        Denominations.
The Notes shall be issuable only in fully registered form, without coupons, and only in minimum denominations of $2,000 and integral
multiples of $1,000 in excess thereof.

 

Section 303.        Execution,
Authentication and Delivery and Dating. The Notes shall be executed on behalf of the Company by one Officer of the Company.
The signature of any such Officer on the Notes may be manual or by facsimile.

 

Notes bearing the manual or facsimile signature
of an individual who was at any time an Officer of the Company shall bind the Company, notwithstanding that such individual has
ceased to hold such office prior to the authentication and delivery of such Notes or did not hold such office at the date of such
Notes.

 

At any time and from time to time after the
execution and delivery of this Indenture, the Company may deliver Notes executed by the Company to the Trustee for authentication;
and the Trustee shall authenticate and deliver (i) Initial Notes for original issue in the aggregate principal amount
not to exceed $250.0 million, (ii) subject to Section 407, Additional Notes in one or more series (which
may be of the same series as any Notes previously issued hereunder, or of a different series) from time to time for original issue
in aggregate principal amounts specified by the Company and (iii) Exchange Notes from time to time for issue in exchange
for a like principal amount of Initial Additional Notes, in each case specified in clauses (i) through (iii) above, upon
a written order of the Company in the form of an Officer’s Certificate of the Company (an “Authentication Order”).
Such Officer’s Certificate shall specify the amount of Notes to be authenticated and the date on which the Notes are to be
authenticated, the “CUSIP”, “ISIN”, “Common Code” or other similar identification numbers of
such Notes, if any, whether the Notes are to be Initial Notes, Additional Notes or Exchange Notes and whether the Notes are to
be issued as one or more Global Notes or Physical Notes and such other information as the Company may include or the Trustee may
reasonably request.

 

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All Notes shall be dated the date of their
authentication.

 

No Note shall be entitled to any benefit under
this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication substantially
in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Note shall be conclusive
evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

 

Section 304.        Temporary
Notes. Until definitive Notes are ready for delivery, the Company may prepare and upon receipt of an Authentication Order the
Trustee shall authenticate temporary Notes. Temporary Notes shall be substantially in the form of definitive Notes but may have
variations that the Company considers appropriate for temporary Notes. If temporary Notes are issued, the Company will cause definitive
Notes to be prepared without unreasonable delay. After the preparation of definitive Notes, the temporary Notes shall be exchangeable
for definitive Notes upon surrender of the temporary Notes at the office or agency of the Company in a Place of Payment, without
charge to the Holder. Upon surrender for cancellation of any one or more temporary Notes, the Company shall execute and upon receipt
of an Authentication Order the Trustee shall authenticate and deliver in exchange therefor a like principal amount of definitive
Notes of authorized denominations. Until so exchanged the temporary Notes shall in all respects be entitled to the same benefits
under this Indenture as definitive Notes of the same series and tenor.

 

Section 305.        Note
Registrar and Paying Agent. The Company shall cause to be kept at the Corporate Trust Office of the Trustee a register (the
register maintained in such office and in any other office or agency of the Company in a Place of Payment being herein sometimes
collectively referred to as the “Note Register”) in which, subject to such reasonable regulations as it may
prescribe, the Company shall provide for the registration of Notes and of transfers of Notes. The Company may have one or more
co-registrars. The term “Note Registrar” includes any co-registrars.

 

The Company initially appoints the Trustee
as “Note Registrar” and “Paying Agent” in connection with the Notes, until such time as it has resigned
or a successor has been appointed. The Company may have one or more additional paying agents, and the term “Paying Agent”
shall include any additional Paying Agent. The Company may change the Paying Agent or Note Registrar without prior notice to the
Holders of Notes. The Company may enter into an appropriate agency agreement with any Note Registrar or Paying Agent not a party
to this Indenture. Any such agency agreement shall implement the provisions of this Indenture that relate to such agent. The Company
shall notify the Trustee in writing of the name and address of any such agent. If the Company fails to appoint or maintain a Note
Registrar or Paying Agent, the Trustee shall act as such and shall be entitled to appropriate compensation therefor pursuant to
Section 707. The Company, any Parent or any wholly-owned Domestic Subsidiary of the Company may act as Paying Agent
(except for purposes of Section 1102 or Section 1205) or Note Registrar.

 

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Upon surrender for transfer of any Note at
the office or agency of the Company in a Place of Payment, in compliance with all applicable requirements of this Indenture and
applicable law, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee
or transferees, one or more new Notes of the same series, of any authorized denominations and of a like aggregate principal amount.

 

At the option of the Holder, Notes may be
exchanged for other Notes of the same series, of any authorized denominations and of a like tenor and aggregate principal amount,
upon surrender of the Notes to be exchanged at such office or agency. Whenever any Notes are so surrendered for exchange, the Company
shall execute, and the Trustee shall authenticate and deliver, the Notes that the Holder making the exchange is entitled to receive.

 

All Notes issued upon any transfer or exchange
of Notes shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this
Indenture, as the Notes surrendered upon such transfer or exchange.

 

Every Note presented or surrendered for transfer
or exchange shall be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company duly
executed, by the Holder thereof or such Holder’s attorney duly authorized in writing.

 

No service charge shall be made for any registration,
transfer or exchange of Notes, but the Company may require payment of a sum sufficient to cover any transfer tax or other governmental
charge that may be imposed in connection therewith.

 

The Company shall not be required (i) to
issue, transfer or exchange any Note during a period beginning at the opening of business 15 Business Days before the day of the
mailing of a notice of redemption (or purchase) of Notes selected for redemption (or purchase) under Section 1004 and
ending at the close of business on the day of such mailing, or (ii) to transfer or exchange any Note so selected for
redemption (or purchase) in whole or in part.

 

Section 306.        Mutilated,
Destroyed, Lost and Stolen Notes. If a mutilated Note is surrendered to the Note Registrar or if the Holder of a Note claims
that the Note has been lost, destroyed or wrongfully taken, the Company shall issue and the Trustee shall authenticate a replacement
Note if the requirements of Section 8-405 of the Uniform Commercial Code are met, such that the Holder (a) notifies
the Company or the Trustee within a reasonable time after such Holder has notice of such loss, destruction or wrongful taking and
the Note Registrar does not register a transfer prior to receiving such notification, (b) makes such request to the
Company or the Trustee prior to the Note being acquired by a protected purchaser as defined in Section 8-303 of the Uniform Commercial
Code and (c) satisfies any other reasonable requirements of the Company. If required by the Trustee or the Company,
such Holder shall furnish an indemnity bond sufficient in the judgment of (i) the Trustee to protect the Trustee and
(ii) the Company to protect the Company, the Trustee, a Paying Agent and the Note Registrar, from any loss that any
of them may suffer if a Note is replaced.

 

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In case any such mutilated, destroyed, lost
or stolen Note has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Note,
pay such Note.

 

Upon the issuance of any new Note under this
Section 306, the Company 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) connected therewith.

 

Every new Note issued pursuant to this Section 306
in lieu of any destroyed, lost or stolen Note shall constitute an original additional contractual obligation of the Company, whether
or not the destroyed, lost or stolen Note shall be at any time enforceable by anyone, and shall be entitled to all the benefits
of this Indenture equally and ratably with any and all other Notes duly issued hereunder.

 

The provisions of this Section 306
are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment
of mutilated, destroyed, lost or stolen Notes.

 

Section 307.        Payment
of Interest Rights Preserved. Interest on any Note that is payable, and is punctually paid or duly provided for, on any Interest
Payment Date shall be paid to the Person in whose name that Note (or one or more Predecessor Notes) is registered at the close
of business on the Regular Record Date for such interest specified in Section 4 of the applicable Notes Supplemental Indenture.

 

Unless otherwise specified for Notes of any
series in the applicable Notes Supplemental Indenture, as contemplated by Section 301, any interest on any Note that
is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”)
shall forthwith cease to be payable to the registered Holder on the relevant Regular Record Date by virtue of having been such
Holder; and such Defaulted Interest may be paid by the Company, at its election, as provided in clause (1) or clause (2) below:

 

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(1)         The
Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Notes (or their respective Predecessor
Notes) are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall
be fixed in the following manner. The Company shall notify the Trustee and Paying Agent in writing of the amount of Defaulted Interest
proposed to be paid on each Note and the date of the proposed payment, and the Company shall deposit with the Trustee or Paying
Agent an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make
arrangements reasonably satisfactory to the Trustee or Paying Agent for such deposit prior to the date of the proposed payment,
such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as provided in
this clause (1). Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be
not more than 15 nor less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by
the Trustee and the Paying Agent of the notice of the proposed payment. The Trustee shall promptly notify the Company of such Special
Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest
and the Special Record Date therefor to be mailed, first class postage prepaid, to each Holder at such Holder’s address as
it appears in the Note Register, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such
Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons
in whose names the Notes (or their respective Predecessor Notes) are registered on such Special Record Date and shall no longer
be payable pursuant to the following clause (2).

  

(2)         The
Company may make payment of any Defaulted Interest in any other lawful manner not inconsistent with the requirements of any securities
exchange on which the Notes may be listed, and upon such notice as may be required by such exchange.

 

Subject to the foregoing provisions of this
Section 307, each Note delivered under this Indenture upon transfer of or in exchange for or in lieu of any other Note
shall carry the rights to interest accrued and unpaid, and to accrue, that were carried by such other Note.

 

Section 308.        Persons
Deemed Owners. The Company, any Subsidiary Guarantor, the Trustee, the Paying Agent and any agent of any of them may treat
the Person in whose name any Note is registered as the owner of such Note for the purpose of receiving payment of principal of
(and premium, if any), and (subject to Section 307) interest on, such Note and for all other purposes whatsoever, whether
or not such Note be overdue, and neither the Company, any Subsidiary Guarantor, the Trustee, the Paying Agent nor any agent of
any of them shall be affected by notice to the contrary.

 

Section 309.        Cancellation.
All Notes surrendered for payment, redemption, transfer, exchange or conversion shall, if surrendered to any Person other than
the Trustee, be delivered to the Trustee and, if not already cancelled, shall be promptly cancelled by it. The Company may at any
time deliver to the Trustee for cancellation any Notes previously authenticated and delivered hereunder that the Company may have
acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Trustee. No Notes shall be authenticated
in lieu of or in exchange for any Notes cancelled as provided in this Section 309, except as expressly permitted by
this Indenture. All cancelled Notes held by the Trustee shall be disposed of by the Trustee in accordance with its customary procedures
(subject to the record retention requirements of the Exchange Act).

 

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Section 310.        Computation
of Interest. Unless otherwise specified for Notes of any series in the applicable Notes Supplemental Indenture, as contemplated
by Section 301, interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months.

 

Section 311.        CUSIP
Numbers, ISINs, Etc. The Company in issuing the Notes may use “CUSIP” numbers, ISINs and “Common Code”
numbers (if then generally in use), and if so, the Trustee may use the CUSIP numbers, ISINs and “Common Code” numbers
in notices of redemption or exchange as a convenience to Holders; provided, however, that any such notice may state
that no representation is made as to the correctness or accuracy of such numbers printed in the notice or on the Notes; that reliance
may be placed only on the other identification numbers printed on the Notes; and that any redemption shall not be affected by any
defect in or omission of such numbers.

 

Section 312.        Book-Entry
Provisions for Global Notes. (a) Each Global Note initially shall (i) be registered in the name of the Depositary
for such Global Note or the nominee of such Depositary, in each case for credit to the account of an Agent Member, and (ii) be
delivered to the Trustee as custodian for such Depositary. None of the Company, any agent of the Company or the Trustee shall have
any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests
of a Global Note, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

 

(b)          Members
of, or participants in, the Depositary (“Agent Members”) shall have no rights under this Indenture with respect
to any Global Note held on their behalf by the Depositary, or its custodian, or under such Global Notes. The Depositary may be
treated by the Company, any other obligor upon the Notes, the Trustee and any agent of any of them as the absolute owner of the
Global Notes for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, any other obligor
upon the Notes, the Trustee or any agent of any of them from giving effect to any written certification, proxy or other authorization
furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing
the exercise of the rights of a beneficial owner of any Note. The Holder of a Global Note may grant proxies and otherwise authorize
any Person, including Agent Members and Persons that may hold interests through Agent Members, to take any action that a Holder
is entitled to take under this Indenture or the Notes.

 

(c)          Transfers
of a Global Note shall be limited to transfers of such Global Note in whole, but, subject to the immediately succeeding sentence,
not in part, to the Depositary, its successors or their respective nominees. Interests of beneficial owners in a Global Note may
not be transferred or exchanged for Physical Notes unless (i) the Company has consented thereto in writing, or such
transfer or exchange is made pursuant to the next sentence, and (ii) such transfer or exchange is in accordance with
the applicable rules and procedures of the Depositary and the provisions of Section 305 and Section 313. Subject
to the limitation on issuance of Physical Notes set forth in Section 313(3), Physical Notes shall be transferred to
all beneficial owners in exchange for their beneficial interests in the relevant Global Note, if (i) the Depositary
notifies the Company at any time that it is unwilling or unable to continue as Depositary for the Global Notes and a successor
depositary is not appointed within 120 days; (ii) the Depositary ceases to be registered as a “Clearing Agency”
under the Exchange Act and a successor depositary is not appointed within 120 days; (iii) the Company, at its option,
notifies the Trustee that it elects to cause the issuance of Physical Notes; or (iv) an Event of Default shall have
occurred and be continuing with respect to the Notes and the Trustee has received a written request from the Depositary to issue
Physical Notes.

 

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(d)          In
connection with any transfer or exchange of a portion of the beneficial interest in any Global Note to beneficial owners for Physical
Notes pursuant to Section 312(c), the Note Registrar shall record on its books and records the date and a decrease
in the principal amount of such Global Note in an amount equal to the beneficial interest in the Global Note being transferred,
and the Company shall execute, and upon receipt of an Authentication Order the Trustee shall authenticate and deliver, one or more
Physical Notes of like tenor and principal amount of authorized denominations.

 

(e)          In
connection with a transfer of an entire Global Note to beneficial owners for Physical Notes pursuant to Section 312(c),
the applicable Global Note shall be deemed to be surrendered to the Trustee for cancellation, and the Company shall execute, and
upon receipt of an Authentication Order the Trustee shall authenticate and deliver, to each beneficial owner identified by the
Depositary, in exchange for its beneficial interest in the applicable Global Note, an equal aggregate principal amount of Rule
144A Physical Notes (in the case of any Rule 144A Global Note) or Regulation S Physical Notes (in the case of any Regulation S
Global Note), as the case may be, of authorized denominations.

 

(f)          The
transfer and exchange of a Global Note or beneficial interests therein shall be effected through the Depositary, in accordance
with this Indenture (including applicable restrictions on transfer set forth in Section 313) and the procedures therefor
of the Depositary. Any beneficial interest in one of the Global Notes that is transferred to a Person who takes delivery in the
form of an interest in a different Global Note will, upon transfer, cease to be an interest in such Global Note and become an interest
in the other Global Note and, accordingly, will thereafter be subject to all transfer restrictions, if any, and other procedures
applicable to beneficial interests in such other Global Note for as long as it remains such an interest. A transferor of a beneficial
interest in a Global Note shall deliver to the Note Registrar a written order given in accordance with the Depositary’s procedures
containing information regarding the participant account of the Depositary to be credited with a beneficial interest in the relevant
Global Note. Subject to Section 313, the Note Registrar shall, in accordance with such instructions, instruct the Depositary
to credit to the account of the Person specified in such instructions a beneficial interest in such Global Note and to debit the
account of the Person making the transfer the beneficial interest in the Global Note being transferred.

 

(g)          Any
Physical Note delivered in exchange for an interest in a Global Note pursuant to Section 312(c) shall, unless such
exchange is made on or after the Resale Restriction Termination Date applicable to such Note and except as otherwise provided in
Section 203 and Section 313, bear the Private Placement Legend.

 

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(h)          Notwithstanding
the foregoing, through the Restricted Period, a beneficial interest in a Regulation S Global Note may be held only through designated
Agent Members holding on behalf of Euroclear or Clearstream unless delivery is made in accordance with the applicable provisions
of Section 313.

 

Section 313.        Special
Transfer Provisions.

 

(1)         Transfers
to Non-U.S. Persons. The following provisions shall apply with respect to the registration of any proposed transfer of a Note
that is a Restricted Security to any Non-U.S. Person: The Note Registrar shall register such transfer if it complies with all other
applicable requirements of this Indenture (including Section 305) and,

 

(a)          if
(x) such transfer is after the relevant Resale Restriction Termination Date with respect to such Note or (y) the
proposed transferor has delivered to the Note Registrar and the Company and the Trustee a Regulation S Certificate and, unless
otherwise agreed by the Company, an opinion of counsel, certifications and other information satisfactory to the Company, and

 

(b)          if
the proposed transferor is or is acting through an Agent Member holding a beneficial interest in a Global Note, upon receipt by
the Note Registrar and the Company and the Trustee of (x) the certificate, opinion, certifications and other information,
if any, required by clause (a) above and (y) written instructions given in accordance with the procedures of the
Note Registrar and of the Depositary;

 

whereupon (i) the Note Registrar shall reflect on
its books and records the date and (if the transfer does not involve a transfer of any Outstanding Physical Note) a decrease in
the principal amount of the relevant Global Note in an amount equal to the principal amount of the beneficial interest in the relevant
Global Note to be transferred, and (ii) either (A) if the proposed transferee is or is acting through an
Agent Member holding a beneficial interest in a relevant Regulation S Global Note, the Note Registrar shall reflect on its books
and records the date and an increase in the principal amount of such Regulation S Global Note in an amount equal to the principal
amount of the beneficial interest being so transferred or (B) otherwise the Company shall execute and (upon receipt
of an Authentication Order) the Trustee shall authenticate and deliver one or more Physical Notes of like tenor and amount.

 

(2)         Transfers
to QIBs. The following provisions shall apply with respect to the registration of any proposed transfer of a Note that is a
Restricted Security to a QIB (excluding transfers to Non-U.S. Persons): The Note Registrar shall register such transfer if it complies
with all other applicable requirements of this Indenture (including Section 305) and,

 

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(a)          if
such transfer is being made by a proposed transferor who has checked the box provided for on the form of such Note stating, or
has otherwise certified to the Note Registrar and the Company and the Trustee in writing, that the sale has been made in compliance
with the provisions of Rule 144A to a transferee who has signed the certification provided for on the form of such Note stating,
or has otherwise certified to Note Registrar and the Company and the Trustee in writing, that it is purchasing such Note for its
own account or an account with respect to which it exercises sole investment discretion and that it and any such account is a QIB
within the meaning of Rule 144A, and is aware that the sale to it is being made in reliance on Rule 144A and acknowledges that
it has received such information regarding the Company as it has requested pursuant to Rule 144A or has determined not to request
such information and that it is aware that the transferor is relying upon its foregoing representations in order to claim the exemption
from registration provided by Rule 144A; and

 

(b)          if
the proposed transferee is an Agent Member, and the Note to be transferred consists of a Physical Note that after transfer is to
be evidenced by an interest in a Global Note or consists of a beneficial interest in a Global Note that after the transfer is to
be evidenced by an interest in a different Global Note, upon receipt by the Note Registrar of written instructions given in accordance
with the Depositary’s and the Note Registrar’s procedures, whereupon the Note Registrar shall reflect on its books
and records the date and an increase in the principal amount of the transferee Global Note in an amount equal to the principal
amount of the Physical Note or such beneficial interest in such transferor Global Note to be transferred, and the Trustee shall
cancel the Physical Note so transferred or reflect on its books and records the date and a decrease in the principal amount of
such transferor Global Note, as the case may be.

 

(3)         Limitation
on Issuance of Physical Notes. No Physical Note shall be exchanged for a beneficial interest in any Global Note, except in
accordance with Section 312 and this Section 313.

 

A beneficial owner of an interest in a Temporary
Regulation S Global Note (and, in the case of any Additional Notes for which no Temporary Regulation S Global Note is issued, any
Regulation S Global Note) shall not be permitted to exchange such interest for a Physical Note or (in the case of such interest
in a Temporary Regulation S Global Note) an interest in a Permanent Regulation S Global Note until a date, which must be after
the end of the Restricted Period, on which the Company receives a certificate of beneficial ownership substantially in the form
attached hereto as Exhibit C from such beneficial owner (a “Certificate of Beneficial Ownership”).
Such date, as it relates to a Regulation S Global Note, is herein referred to as the “Regulation S Note Exchange Date.”

 

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(4)         Private
Placement Legend. Upon the transfer, exchange or replacement of Notes not bearing the Private Placement Legend, the Note Registrar
shall deliver Notes that do not bear the Private Placement Legend. Upon the transfer, exchange or replacement of Notes bearing
the Private Placement Legend, the Note Registrar shall deliver only Notes that bear the Private Placement Legend unless (i) the
requested transfer is after the relevant Resale Restriction Termination Date with respect to such Notes, (ii) upon
written request of the Company after there is delivered to the Note Registrar an opinion of counsel (which opinion and counsel
are satisfactory to the Company) to the effect that neither such legend nor the related restrictions on transfer are required in
order to maintain compliance with the provisions of the Securities Act, (iii) with respect to a Regulation S Global
Note (on or after the Regulation S Note Exchange Date with respect to such Regulation S Global Note) or Regulation S Physical Note,
in each case with the agreement of the Company, or (iv) such Notes are sold or exchanged pursuant to an effective registration
statement under the Securities Act.

  

(5)         Other
Transfers. The Note Registrar shall effect and register, upon receipt of a written request from the Company to do so, a transfer
not otherwise permitted by this Section 313, such registration to be done in accordance with the otherwise applicable
provisions of this Section 313, upon the furnishing by the proposed transferor or transferee of a written opinion of
counsel (which opinion and counsel are satisfactory to the Company) to the effect that, and such other certifications or information
as the Company may require (including, in the case of a transfer to an Accredited Investor (as defined in Rule 501(a)(1), (2),
(3) or (7) under Regulation D promulgated under the Securities Act), a certificate substantially in the form attached hereto as
Exhibit F) to confirm that, the proposed transfer is being made pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act.

 

A Note that is a Restricted Security may not
be transferred other than as provided in this Section 313. A beneficial interest in a Global Note that is a Restricted
Security may not be exchanged for a beneficial interest in another Global Note other than through a transfer in compliance with
this Section 313.

 

(6)         General.
By its acceptance of any Note bearing the Private Placement Legend, each Holder of such a Note acknowledges the restrictions on
transfer of such Note set forth in this Indenture and in the Private Placement Legend and agrees that it will transfer such Note
only as provided in this Indenture.

 

The Note Registrar shall retain copies of
all letters, notices and other written communications received pursuant to Section 312 or this Section 313
(including all Notes received for transfer pursuant to this Section 313). The Company shall have the right to require
the Note Registrar to deliver to the Company, at the Company’s expense, copies of all such letters, notices or other written
communications at any reasonable time upon the giving of reasonable written notice to the Note Registrar.

 

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In connection with any transfer of any Note,
the Trustee, the Note Registrar and the Company shall be entitled to receive, shall be under no duty to inquire into, may conclusively
presume the correctness of, and shall be fully protected in relying upon the certificates, opinions and other information referred
to herein (or in the forms provided herein, attached hereto or to the Notes, or otherwise) received from any Holder and any transferee
of any Note regarding the validity, legality and due authorization of any such transfer, the eligibility of the transferee to
receive such Note and any other facts and circumstances related to such transfer. 

 

Section 314.        Payment
of Additional Interest. (a) [Reserved].

 

(b)          Under
certain circumstances the Company may be obligated to pay certain additional amounts of interest to the Holders of certain Initial
Additional Notes, as may be more particularly set forth in such Initial Additional Notes.

 

(c)          At
least five (5) Business Days prior to any Interest Payment Date on which any such additional interest is payable, the Company shall
give notice to the Trustee of the amount of any such additional interest due on such Interest Payment Date. The Trustee shall have
no obligation to independently determine whether additional interest is payable or to confirm the amount of additional interest
that is in fact payable.

 

ARTICLE IV

COVENANTS

 

Section 401.        Payment
of Principal, Premium and Interest. The Company shall duly and punctually pay the principal of (and premium, if any) and interest
on the Notes in accordance with the terms of the Notes and this Indenture. Principal amount (and premium, if any) and interest
on the Notes shall be considered paid on the date due if the Company shall have deposited with the Paying Agent (if other than
the Company or a wholly-owned Domestic Subsidiary of the Company) as of 12:00 p.m. New York City time on the due date money in
immediately available funds and designated for and sufficient to pay all principal amount (and premium, if any) and interest then
due. At the option of the Company, payment of Interest on a Note may be made through the Paying Agent by wire transfer of immediately
available funds to the account designated to the Company by the Person entitled thereto or by check mailed to the address of the
Person entitled thereto as such address shall appear in the Note Register.

 

Section 402.        Maintenance
of Office or Agency. (a)  The Company shall maintain in the United States an office or agency where Notes may be
presented or surrendered for payment, where Notes may be surrendered for transfer or exchange and where notices and demands to
or upon the Company in respect of the Notes and this Indenture may be served. The Company shall give prompt written notice to the
Trustee of the location, and of any change in the location, of such office or agency. If at any time the Company shall fail to
maintain such office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices
and demands may be made or served at the Corporate Trust Office of the Trustee; provided that no service of legal process
may be made against the Company at any office of the Trustee.

 

(b)          The
Company may also from time to time designate one or more other offices or agencies where the Notes may be presented or surrendered
for any or all purposes and may from time to time rescind such designations.

 

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The Company hereby designates the Corporate
Trust Office of the Trustee, as one such office or agency of the Company in accordance with Section 305.

 

Section 403.        Money
for Payments to Be Held in Trust. If the Company shall at any time act as Paying Agent, it shall, on or before 12:00 p.m.,
New York City time, on each due date of the principal of (and premium, if any) or interest on, any of the Notes, segregate and
hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest
so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and shall promptly notify
the Trustee in writing of its action or failure so to act.

 

If the Company is not acting as Paying Agent,
it shall, on or prior to 12:00 p.m., New York City time, on each due date of the principal of (and premium, if any) or interest
on, any Notes, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest, so becoming
due, such sum to be held in trust for the benefit of the Persons entitled to such principal, premium or interest, and (unless such
Paying Agent is the Trustee) the Company shall promptly notify the Trustee in writing of its action or failure so to act.

 

If the Company is not acting as Paying Agent,
the Company shall cause any Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such
Paying Agent shall agree with the Trustee, subject to the provisions of this Section 403, that such Paying Agent shall

 

(1)         hold
all sums held by it for the payment of principal of (and premium, if any) or interest on Notes in trust for the benefit of the
Persons entitled thereto until such sums shall be paid to such Persons or otherwise disposed of as herein provided;

 

(2)         give
the Trustee notice of any default by the Company (or any other obligor upon the Notes) in the making of any such payment of principal
(and premium, if any) or interest;

 

(3)         at
any time during the continuance of any such default, upon the written request of the Trustee, forthwith pay to the Trustee all
sums so held in trust by such Paying Agent; and

 

(4)         (i)
prior to the qualification of this Indenture under the TIA, acknowledge, accept and agree to comply in all respects with the provisions
of this Indenture and (ii) following the qualification of this Indenture under the TIA, acknowledge, accept and agree
to comply in all respects with the provisions of this Indenture and the TIA, in each case, relating to the duties, rights and liabilities
of such Paying Agent.

 

The Company may at any time, for the purpose
of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying
Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon
the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying
Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money.

 

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Any money deposited with the Trustee or any
Paying Agent, or then held by the Company, in trust for the payment of principal of (and premium, if any) or interest on any Note
and remaining unclaimed for two years after such principal (and premium, if any) or interest has become due and payable shall be
paid to the Company on Company Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of
such Note shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof unless an applicable
abandoned property law designates another Person, and all liability of the Trustee or such Paying Agent with respect to such trust
money, and all liability of the Company as trustee thereof, shall thereupon cease.

 

Section 404.        [Reserved].

 

Section 405.        SEC
Reports. So long as any Notes are outstanding:

 

(a)          Notwithstanding
that following the Issue Date the Company may not be required to be or remain subject to the reporting requirements of Section
13(a) or 15(d) of the Exchange Act, the Company will file with the SEC (unless such filing is not permitted under the Exchange
Act or by the SEC), so long as the Notes are outstanding, the annual reports, information, documents and other reports that the
Company is required to file with the SEC pursuant to such Section 13(a) or 15(d) or would be so required to file if the Company
were so subject, within 15 days after the date on which the Company was so required to file or would be so required to file if
the Company were so subject to SEC reporting requirements as a non-accelerated filer.

 

(b)          At
any time (the date thereof, the “Termination Date”) as the Company is not required to be subject to the reporting
requirements of Section 13(a) or 15(d) of the Exchange Act and the Company is not permitted by the Exchange Act or the SEC to file
with the SEC the annual reports, information, documents and other reports that it would be required to file if it were subject
to the reporting requirements of Section 13(a) or 15(d) of the Exchange Act, the Company shall furnish to the Trustee:

 

(i)          within
105 days following the end of each fiscal year of the Company (or such longer period as may be permitted by the SEC if the Company
were then subject to SEC reporting requirements as a non-accelerated filer), beginning with the first fiscal year of the Company
ended after the Termination Date, the consolidated financial statements of the Company for such year prepared in accordance with
GAAP, together with a report thereon by the Company’s independent auditors, and a “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” with respect to such financial statements substantially similar
to that which would be included in an Annual Report on Form 10-K (as in effect on the Issue Date) filed with the SEC by the Company
(if the Company were required to prepare and file such form); it being understood that (x) the Company shall not be
required to include any separate consolidating financial information with respect to the Company, any Subsidiary Guarantor or any
other affiliate of the Company, or any separate financial statements or information for the Company, any Subsidiary Guarantor or
any other affiliate of the Company and (y) the consolidated financial statements of the Company or any similar reference
shall, in each case, include each variable interest entity that the Company would otherwise be required to consolidate under GAAP;

 

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(ii)         within
60 days after the end of each of the first three fiscal quarters of the Company in each fiscal year of the Company (or such longer
period as may be permitted by the SEC if the Company were then subject to SEC reporting requirements as a non-accelerated filer),
beginning with the first fiscal quarter of the Company ended after the Termination Date, the condensed consolidated financial statements
of the Company for such quarter prepared in accordance with GAAP, together with a “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” with respect to such financial statements substantially similar to that
which would be included in a Quarterly Report on Form 10-Q (as in effect on the Issue Date) filed with the SEC by the Company
(if the Company were required to prepare and file such form); it being understood that (x) the Company shall not be required
to include any separate consolidating financial information with respect to the Company, any Subsidiary Guarantor or any other
affiliate of the Company, or any separate financial statements or information for the Company, any Subsidiary Guarantor or any
other affiliate of the Company and (y) the consolidated financial statements of the Company or any similar reference shall,
in each case, include each variable interest entity that the Company is required to consolidate under GAAP; and

 

(iii)        information
substantially similar to the information that would be required to be included in a Current Report on Form 8-K (as in effect
on the Issue Date) filed with the SEC by the Company (if the Company were required to prepare and file such form) pursuant to Item 1.03
(Bankruptcy or Receivership), 2.01 (Completion of Acquisition or Disposition of Assets) or 5.01 (Changes in Control of Registrant)
of such form (and in any event excluding, for the avoidance of doubt, the financial statements, pro forma financial information
and exhibits, if any, that would be required by Item 9.01 (Financial Statements and Exhibits) of such form), within 15 days
after the date of filing that would have been required for a current report on Form 8-K.

 

In addition, to the extent not satisfied by
the foregoing, for so long as the Notes remain subject to this paragraph (b), the Company will furnish to Holders thereof and prospective
investors in such Notes, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) (as in effect
on the Issue Date). In connection with this covenant, it being understood that the Company shall not be required to (a) comply
with Section 302, Section 404 and Section 906 of the Sarbanes Oxley Act of 2002, as amended, or related items 307, 308 and 308T
of Regulation S-K under the Securities Act and (b) comply with Rule 3-10 and Rule 3-16 of Regulation S-X under the
Securities Act.

 

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(c)          Substantially
concurrently with the furnishing or making available to the Trustee of the information specified in paragraph (b) above pursuant
thereto, the Company shall also (1) use its commercially reasonable efforts (i) to post copies of such
reports on such website as may be then maintained by the Company, or (ii) to post copies of such reports on a website
(which may be nonpublic) to which access is given to Holders, prospective investors in the Notes (which prospective investors shall
be limited to “qualified institutional buyers” within the meaning of Rule 144A of the Securities Act that certify their
status as such to the reasonable satisfaction of the Company), and securities analysts (to the extent providing research and analysis
of investment in the Notes to investors and prospective investors therein) and market-making financial institutions reasonably
satisfactory to the Company, or (iii) otherwise to provide substantially comparable availability of such reports (as
determined by the Company in good faith) (it being understood that, without limitation, making such reports available on Bloomberg
or another private electronic information service shall constitute substantially comparable availability), or (2) to
the extent the Company determines in good faith that it cannot make such reports available in the manner described in the preceding
clause (1) after the use of its commercially reasonable efforts, furnish such reports to the Holders of the Notes, upon their request.

 

(d)          If,
at any time, any audited or reviewed financial statements or information required to be included in any such statement or filing
pursuant to paragraph (a) or (b) above are not reasonably available on a timely basis as a result of the Company’s
accountants not being “independent” (as defined pursuant to the Exchange Act and the rules and regulations of the SEC
thereunder), the Company may, in lieu of making such filing or transmitting or making available the financial statements or information,
documents and reports so required to be filed, transmitted or made available, as the case may be, elect to make a filing on an
alternative form or transmit or make available unaudited or unreviewed financial statements or information substantially similar
to such required audited or reviewed financial statements or information; provided that (i) the Company shall
in any event be required to make such filing and so transmit or make available, as applicable, such audited or reviewed financial
statements or information no later than the first anniversary of the date on which the same was otherwise required pursuant to
the preceding provisions of this paragraph (such initial date, the “Reporting Date”) and (ii) if
the Company makes such an election and such filing has not been made, or such information, documents and reports have not been
transmitted or made available, as the case may be, within 90 days after such Reporting Date, liquidated damages will accrue on
the Notes at a rate of 0.50% per annum from the date that is 90 days after such Reporting Date to the earlier of (x) the
date on which such filing has been made, or such information, documents and reports have been transmitted or made available, as
the case may be, and (y) the first anniversary of such Reporting Date (provided that not more than 0.50% per
annum in liquidated damages shall be payable for any period regardless of the number of such elections by the Company). The Trustee
shall have no independent responsibility to determine if liquidated damages are due or the amount of any such liquidated damages.

 

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The Company will be deemed to have satisfied
the requirements of this Section 405 if any Parent, in the case of paragraph (a), is subject to the reporting requirements
of Section 13(a) or 15(d) of the Exchange Act and has filed reports required under Section 13(a) or 15(d) of the Exchange Act with
the SEC via the EDGAR (or successor) filing system and such reports are publicly available or in the case of paragraph (b), furnishes
or makes available information regarding such Parent of the type otherwise required with respect to the Company under such paragraph
(b). Following the qualification of this Indenture under the TIA, the Company also will comply with the other provisions of TIA
§ 314(a).

 

Subject to Article VII, delivery of
reports, information and documents to the Trustee under this Section 405 is for informational purposes only and the
Trustee’s receipt (or constructive receipt) of the foregoing shall not constitute constructive notice of any information
contained therein or determinable from information contained therein, including the Company’s compliance with any of its
covenants hereunder (as to which the Trustee is entitled to rely exclusively on an Officer’s Certificate). Subject to Article VII,
the Trustee is not obligated to confirm that the Company has complied with its obligations contained in this Section 405
to file such reports with the SEC or post such reports and information on its website.

 

Section 406.        Statement
as to Default. The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year of the Company
commencing with the Company’s fiscal year ending October 31, 2015, an Officer’s Certificate to the effect that
to the best knowledge of the signer thereof (on behalf of the Company) the Company is or is not in default in the performance and
observance of any of the terms, provisions and conditions of this Indenture applicable to the Company (without regard to any period
of grace or requirement of notice provided hereunder) and, if the Company shall be in default, specifying all such defaults and
the nature and status thereof of which such signer may have knowledge. Following the qualification of this Indenture under the
TIA, (i) to the extent required by the TIA, each Subsidiary Guarantor shall comply with TIA § 314(a)(4) and
(ii) the individual signing any certificate given by any Person pursuant to this Section 406 shall be the
principal executive, financial or accounting officer of such Person, in compliance with TIA § 314(a)(4).

 

Section 407.        Limitation
on Indebtedness. (a) The Company will not, and will not permit any Restricted Subsidiary to, Incur any Indebtedness; provided,
however, that the Company or any Restricted Subsidiary may Incur Indebtedness if on the date of the Incurrence of such Indebtedness,
after giving effect to the Incurrence thereof, the Consolidated Coverage Ratio would be equal to or greater than 2.00:1.00.

 

(b)          Notwithstanding
the foregoing Section 407(a), the Company and its Restricted Subsidiaries may Incur the following Indebtedness:

 

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(i)          Indebtedness
Incurred pursuant to any Credit Facility (including but not limited to in respect of letters of credit or bankers’ acceptances
issued or created thereunder) and Indebtedness Incurred other than pursuant to any Credit Facility, and (without limiting the foregoing),
in each case, any Refinancing Indebtedness in respect thereof, either (I) in a maximum principal amount at any time
outstanding not exceeding in the aggregate the amount equal to (A) $400.0 million, plus (B) the
amount equal to the greater of (x) $175.0 million and (y) an amount equal to (1) the Borrowing Base
less (2) the aggregate principal amount of Indebtedness Incurred by Special Purpose Entities that are Restricted Subsidiaries
and then outstanding pursuant to Section 407(b)(ix), plus (C) in the event of any refinancing of any such Indebtedness,
the aggregate amount of fees, underwriting discounts, premiums and other costs and expenses (including accrued and unpaid interest)
Incurred or payable in connection with such refinancing or (II) if on the date of the Incurrence of such Indebtedness
(other than any such Refinancing Indebtedness), after giving effect to such Incurrence (or, at the Company’s option, on the
date of the initial borrowing of such Indebtedness or entry into the definitive agreement providing the commitment to fund such
Indebtedness after giving pro forma effect to the Incurrence of the entire committed amount of such Indebtedness (such committed
amount, a “Ratio Tested Committed Amount”), in which case such Ratio Tested Committed Amount may thereafter
be borrowed and reborrowed, in whole or in part, from time to time, without further compliance with this clause) the Consolidated
Secured Leverage Ratio would be equal to or less than 4.75:1.00; and (in the case of this subclause (II)) any Refinancing Indebtedness
with respect to any such Indebtedness (or Ratio Tested Committed Amount);

 

(ii)         Indebtedness
(A) of any Restricted Subsidiary to the Company, or (B) of the Company or any Restricted Subsidiary to
any Restricted Subsidiary; provided that, in the case of this Section 407(b)(ii), any subsequent issuance or transfer
of any Capital Stock of such Restricted Subsidiary to which such Indebtedness is owed, or other event, that results in such Restricted
Subsidiary ceasing to be a Restricted Subsidiary or any other subsequent transfer of such Indebtedness (except to the Company or
a Restricted Subsidiary) will be deemed, in each case, an Incurrence of such Indebtedness by the issuer thereof not permitted by
this Section 407(b)(ii);

 

(iii)        Indebtedness
represented by the Notes (other than Additional Notes), any Indebtedness (other than the Indebtedness under the Senior Credit Facilities
described in Section 407(b)(i)) outstanding (or Incurred pursuant to any commitment outstanding) on the Issue Date and any
Refinancing Indebtedness Incurred in respect of any Indebtedness described in this Section 407(b)(iii) or Section
407(a) above;

 

(iv)        Purchase
Money Obligations, Capitalized Lease Obligations, and in each case any Refinancing Indebtedness with respect thereto; provided
that the aggregate principal amount of such Purchase Money Obligations Incurred to finance the acquisition of Capital Stock of
any Person at any time outstanding pursuant to this clause shall not exceed an amount equal to the greater of $25.0 million and
3.6% of Consolidated Total Assets;

 

(v)         Indebtedness
(A) supported by a letter of credit issued pursuant to any Credit Facility in a principal amount not exceeding the
face amount of such letter of credit or (B) consisting of accommodation guarantees for the benefit of trade creditors
of the Company or any of its Restricted Subsidiaries;

 

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(vi)        (A)
Guarantees by the Company or any Restricted Subsidiary of Indebtedness or any other obligation or liability of the Company or any
Restricted Subsidiary (other than any Indebtedness Incurred by the Company or such Restricted Subsidiary, as the case may be, in
violation of this Section 407), or (B) without limiting Section 413, Indebtedness of the Company or any
Restricted Subsidiary arising by reason of any Lien granted by or applicable to such Person securing Indebtedness of the Company
or any Restricted Subsidiary (other than any Indebtedness Incurred by the Company or such Restricted Subsidiary, as the case may
be, in violation of this Section 407);

 

(vii)       Indebtedness
of the Company or any Restricted Subsidiary (A) arising from the honoring of a check, draft or similar instrument of
such Person drawn against insufficient funds in the ordinary course of business, or (B) consisting of guarantees, indemnities,
obligations in respect of earnouts or other purchase price adjustments, or similar obligations, Incurred in connection with the
acquisition or disposition of any business, assets or Person;

 

(viii)      Indebtedness
of the Company or any Restricted Subsidiary in respect of (A) letters of credit, bankers’ acceptances or other
similar instruments or obligations issued, or relating to liabilities or obligations incurred, in the ordinary course of business
(including those issued to governmental entities in connection with self-insurance under applicable workers’ compensation
statutes), (B) completion guarantees, surety, judgment, appeal or performance bonds, or other similar bonds, instruments
or obligations, provided, or relating to liabilities or obligations incurred, in the ordinary course of business, (C) Hedging
Obligations, (D) Management Guarantees or Management Indebtedness, (E) the financing of insurance premiums
in the ordinary course of business, (F) take-or-pay obligations under supply arrangements incurred in the ordinary
course of business, (G) netting, overdraft protection and other arrangements arising under standard business terms
of any bank at which the Company or any Restricted Subsidiary maintains an overdraft, cash pooling or other similar facility or
arrangement, (H) Junior Capital in an amount not to exceed $30.0 million in the aggregate at any one time outstanding
or (I) Bank Products Obligations;

 

(ix)         Indebtedness
(A) of a Special Purpose Subsidiary secured by a Lien on all or part of the assets disposed of in, or otherwise Incurred
in connection with, a Financing Disposition or (B) otherwise Incurred in connection with a Special Purpose Financing;
provided that (1) such Indebtedness is not recourse to the Company or any Restricted Subsidiary that is not
a Special Purpose Subsidiary (other than with respect to Special Purpose Financing Undertakings); (2) in the event
such Indebtedness shall become recourse to the Company or any Restricted Subsidiary that is not a Special Purpose Subsidiary (other
than with respect to Special Purpose Financing Undertakings), such Indebtedness will be deemed to be, and must be classified by
the Company as, Incurred at such time (or at the time initially Incurred) under one or more of the other provisions of this Section
407 for so long as such Indebtedness shall be so recourse; and (3) in the event that at any time thereafter such
Indebtedness shall comply with the provisions of the preceding subclause (1), the Company may classify such Indebtedness in whole
or in part as Incurred under this Section 407(b)(ix);

 

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(x)          Indebtedness
of (A) the Company or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection
with, any acquisition of assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with
or into the Company or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with
or into the Company or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition,
merger or consolidation); provided that on the date of such acquisition, merger or consolidation, after giving effect thereto,
either (1) the Company would have a Consolidated Total Leverage Ratio equal to or less than 4.25:1.00 or (2) the
Consolidated Total Leverage Ratio of the Company would equal or be less than the Consolidated Total Leverage Ratio of the Company
immediately prior to giving effect thereto; and any Refinancing Indebtedness with respect to any such Indebtedness;

 

(xi)         Contribution
Indebtedness and any Refinancing Indebtedness with respect thereto;

 

(xii)        Indebtedness
issuable upon the conversion or exchange of shares of Disqualified Stock issued in accordance with Section 407(a), and any
Refinancing Indebtedness with respect thereto;

 

(xiii)       Indebtedness
of the Company or any Restricted Subsidiary in an aggregate principal amount at any time outstanding not exceeding an amount equal
to the greater of $75.0 million and 10.0% of Consolidated Total Assets;

 

(xiv)      Indebtedness
of the Company or any Restricted Subsidiary Incurred as consideration in connection with any acquisition of assets (including Capital
Stock), business or Person, or any merger or consolidation of any Person with or into the Company or any Restricted Subsidiary,
and any Refinancing Indebtedness with respect thereto, in an aggregate principal amount at any time outstanding not exceeding an
amount equal to the greater of $15.0 million and 2.0% of Consolidated Total Assets; and

 

(xv)       Indebtedness
of any Foreign Subsidiary in an aggregate principal amount at any time outstanding not exceeding an amount equal to the greater
of $50.0 million and 5.0% of Consolidated Total Assets.

 

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(c)          For
purposes of determining compliance with, and the outstanding principal amount of any particular Indebtedness Incurred pursuant
to and in compliance with, this Section 407, (i) any other obligation of the obligor on such Indebtedness (or
of any other Person who could have Incurred such Indebtedness under this Section 407) arising under any Guarantee, Lien
or letter of credit, bankers’ acceptance or other similar instrument or obligation supporting such Indebtedness shall be
disregarded to the extent that such Guarantee, Lien or letter of credit, bankers’ acceptance or other similar instrument
or obligation secures the principal amount of such Indebtedness; (ii) in the event that Indebtedness meets the criteria
of more than one of the types of Indebtedness described in Section 407(b), the Company, in its sole discretion, shall classify
such item of Indebtedness and may include the amount and type of such Indebtedness in one or more of the clauses or subclauses
of Section 407(b) (including in part under one such clause or subclause and in part under another such clause or subclause);
provided that (if the Company shall so determine) any Indebtedness Incurred pursuant to Section 407(b)(iv),
Section 407(b)(xiii), Section 407(b)(xiv) or Section 407(b)(xv) shall cease to be deemed Incurred
or outstanding for purposes of such clause but shall be deemed Incurred for the purposes of Section 407(a) from and after
the first date on which the Company or any Restricted Subsidiary could have Incurred such Indebtedness under Section 407(a)
without reliance on such clause; (iii) in the event that Indebtedness could be Incurred in part under Section 407(a),
the Company, in its sole discretion, may classify a portion of such Indebtedness as having been Incurred under Section 407(a)
and the remainder of such Indebtedness as having been Incurred under Section 407(b); (iv) the amount of
Indebtedness issued at a price that is less than the principal amount thereof shall be equal to the amount of the liability in
respect thereof determined in accordance with GAAP; (v) the principal amount of Indebtedness outstanding under any clause
of Section 407(b) shall be determined after giving effect to the application of proceeds of any such Indebtedness to
refinance any such other Indebtedness; (vi) if any Indebtedness is Incurred to refinance Indebtedness initially Incurred
in reliance on any provision of Section 407(b) measured by reference to a percentage of Consolidated Total Assets at
the time of Incurrence, and such refinancing would cause such percentage of Consolidated Total Assets to be exceeded if calculated
based on the Consolidated Total Assets on the date of such refinancing, such percentage of Consolidated Total Assets shall not
be deemed to be exceeded (and such refinancing Indebtedness shall be deemed permitted) so long as the principal amount of such
refinancing Indebtedness does not exceed the principal amount of such Indebtedness being refinanced, plus the aggregate amount
of fees, underwriting discounts, premiums and other costs and expenses (including accrued and unpaid interest) Incurred or payable
in connection with such refinancing; and (vii) if any Indebtedness is Incurred to refinance Indebtedness initially Incurred
in reliance on any provision of Section 407(b) measured by a dollar amount, such dollar amount shall not be deemed
to be exceeded (and such refinancing Indebtedness shall be deemed permitted) to the extent the principal amount of such newly Incurred
Indebtedness does not exceed the principal amount of such Indebtedness being refinanced, plus the aggregate amount of fees,
underwriting discounts, premiums and other costs and expenses (including accrued and unpaid interest) Incurred or payable in connection
with such refinancing. Notwithstanding anything herein to the contrary, Indebtedness outstanding on the Issue Date under the Senior
Credit Facilities shall be classified as Incurred under Section 407(b), and not under Section 407(a).

 

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(d)          For
purposes of determining compliance with any provision of Section 407(b) (or any category of Permitted Liens described
in the definition thereof) measured by a dollar amount or by reference to a percentage of Consolidated Total Assets, in each case,
for the Incurrence of Indebtedness or Liens securing Indebtedness denominated in a foreign currency, the dollar equivalent principal
amount of such Indebtedness Incurred pursuant thereto shall be calculated based on the relevant currency exchange rate in effect
on the date that such Indebtedness was Incurred, in the case of term Indebtedness, or first committed, in the case of revolving
or deferred draw Indebtedness; provided that (x) the dollar equivalent principal amount of any such Indebtedness
outstanding on the Issue Date shall be calculated based on the relevant currency exchange rate in effect on the Issue Date, (y) if
such Indebtedness is Incurred to refinance other Indebtedness denominated in a foreign currency (or in a different currency from
such Indebtedness so being Incurred), and such refinancing would cause the applicable provision of Section 407(b) above
(or category of Permitted Liens) measured by a dollar amount or by reference to a percentage of Consolidated Total Assets, as applicable,
to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing, such provision of
Section 407(b) (or category of Permitted Liens) measured by a dollar amount or by reference to a percentage of Consolidated
Total Assets, as applicable, shall be deemed not to have been exceeded so long as the principal amount of such refinancing Indebtedness
does not exceed (i) the outstanding or committed principal amount (whichever is higher) of such Indebtedness being
refinanced plus (ii) the aggregate amount of fees, underwriting discounts, premiums and other costs and expenses
(including accrued and unpaid interest) Incurred or payable in connection with such refinancing and (z) the dollar
equivalent principal amount of Indebtedness denominated in a foreign currency and Incurred pursuant to the Senior Credit Facilities
shall be calculated based on the relevant currency exchange rate in effect on, at the Company’s option, (A) the
Issue Date, (B) any date on which any of the respective commitments under the applicable Senior Credit Facilities shall
be reallocated between or among facilities or subfacilities thereunder, or on which such rate is otherwise calculated for any purpose
thereunder, or (C) the date of such Incurrence. The principal amount of any Indebtedness Incurred to refinance other
Indebtedness, if Incurred in a different currency from the Indebtedness being refinanced, shall be calculated based on the currency
exchange rate applicable to the currencies in which such respective Indebtedness is denominated that is in effect on the date of
such refinancing.

 

Section 408.        [Reserved].

 

Section 409.        Limitation
on Restricted Payments. (a) The Company shall not, and shall not permit any Restricted Subsidiary, directly or indirectly,
to (i) declare or pay any dividend or make any distribution on or in respect of its Capital Stock (including any such
payment in connection with any merger or consolidation to which the Company is a party) except (x) dividends or distributions
payable solely in its Capital Stock (other than Disqualified Stock) and (y) dividends or distributions payable to the
Company or any Restricted Subsidiary (and, in the case of any such Restricted Subsidiary making such dividend or distribution,
to other holders of its Capital Stock on no more than a pro rata basis, measured by value), (ii) purchase, redeem,
retire or otherwise acquire for value any Capital Stock of the Company held by Persons other than the Company or a Restricted Subsidiary
(other than any acquisition of Capital Stock deemed to occur upon the exercise of options if such Capital Stock represents a portion
of the exercise price thereof), (iii) voluntarily purchase, repurchase, redeem, defease or otherwise voluntarily acquire
or retire for value, prior to scheduled maturity, scheduled repayment or scheduled sinking fund payment, any Subordinated Obligations
(other than a purchase, repurchase, redemption, defeasance or other acquisition or retirement for value in anticipation of satisfying
a sinking fund obligation, principal installment or final maturity, in each case due within one year of the date of such purchase,
repurchase, redemption, defeasance or other acquisition or retirement) or (iv) make any Investment (other than a Permitted
Investment) in any Person (any such dividend, distribution, purchase, repurchase, redemption, defeasance, other acquisition or
retirement or Investment being herein referred to as a “Restricted Payment”), if at the time the Company or
such Restricted Subsidiary makes such Restricted Payment after giving effect thereto:

 

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(1)         an
Event of Default shall have occurred and be continuing (or would result therefrom);

 

(2)         the
Company could not Incur at least an additional $1.00 of Indebtedness pursuant to Section 407(a); or

 

(3)         the
aggregate amount of such Restricted Payment and all other Restricted Payments (the amount so expended, if other than in cash, to
be as determined in good faith by the Board of Directors, whose determination shall be conclusive and evidenced by a resolution
of the Board of Directors) declared or made subsequent to the Issue Date and then outstanding would exceed, without duplication,
the sum of:

 

(A)         50.0%
of the Consolidated Net Income accrued during the period (treated as one accounting period) beginning on November 3, 2014 to the
end of the most recent fiscal quarter ending prior to the date of such Restricted Payment for which consolidated financial statements
of the Company are available (or, in case such Consolidated Net Income shall be a negative number, 100.0% of such negative number);

 

(B)         the
aggregate Net Cash Proceeds and the fair value (as determined in good faith by the Company) of property or assets received (x) by
the Company as capital contributions to the Company after the Issue Date or from the issuance or sale (other than to a Restricted
Subsidiary) of its Capital Stock (other than Disqualified Stock) after the Issue Date (other than Excluded Contributions and Contribution
Amounts) or (y) by the Company or any Restricted Subsidiary from the Incurrence by the Company or any Restricted Subsidiary
after the Issue Date of Indebtedness that shall have been converted into or exchanged for Capital Stock of the Company (other than
Disqualified Stock) or Capital Stock of any Parent, plus the amount of any cash and the fair value (as determined in good faith
by the Company) of any property or assets, received by the Company or any Restricted Subsidiary upon such conversion or exchange;

 

(C)         (i)
the aggregate amount of cash and the fair value (as determined in good faith by the Company) of any property or assets received
from dividends, distributions, interest payments, return of capital, repayments of Investments or other transfers of assets to
the Company or any Restricted Subsidiary from any Unrestricted Subsidiary, including dividends or other distributions related to
dividends or other distributions made pursuant to Section 409(b)(ix), plus (ii) the aggregate amount
resulting from the redesignation of any Unrestricted Subsidiary as a Restricted Subsidiary (valued in each case as provided in
the definition of “Investment”);

 

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(D)         in
the case of any disposition or repayment of any Investment constituting a Restricted Payment (without duplication of any amount
deducted in calculating the amount of Investments at any time outstanding included in the amount of Restricted Payments), the aggregate
amount of cash and the fair value (as determined in good faith by the Company) of any property or assets received by the Company
or a Restricted Subsidiary with respect to all such dispositions and repayments; and

 

(E)         an
amount equal to the amount available as of the Issue Date immediately prior to giving effect to the Transactions for making Restricted
Payments pursuant to Subsection 8.2(a)(3) of the Senior Term Agreement.

 

(b)          The
provisions of Section 409(a) do not prohibit any of the following (each, a “Permitted Payment”):

 

(i)          (x)
any purchase, redemption, repurchase, defeasance or other acquisition or retirement of Capital Stock of the Company (“Treasury
Capital Stock”) or Subordinated Obligations made by exchange (including any such exchange pursuant to the exercise of
a conversion right or privilege in connection with which cash is paid in lieu of the issuance of fractional shares) for, or out
of the proceeds of the issuance or sale of, Capital Stock of the Company (other than Disqualified Stock and other than Capital
Stock issued or sold to a Subsidiary) (“Refunding Capital Stock”) or a capital contribution to the Company,
in each case other than Excluded Contributions and Contribution Amounts; provided that the Net Cash Proceeds from such issuance,
sale or capital contribution shall be excluded in subsequent calculations under Section 409(a)(3)(B) and (y) if
immediately prior to such acquisition or retirement of such Treasury Capital Stock, dividends thereon were permitted pursuant to
Section 409(b)(xi), dividends on such Refunding Capital Stock in an aggregate amount per annum not exceeding the aggregate
amount per annum of dividends so permitted on such Treasury Capital Stock;

 

(ii)         any
dividend paid or redemption made within 60 days after the date of declaration thereof or of the giving of notice thereof, as applicable,
if at such date of declaration or the giving of such notice, such dividend or redemption would have complied with this Section
409;

 

(iii)        Investments
or other Restricted Payments in an aggregate amount outstanding at any time not to exceed the amount of Excluded Contributions;

 

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(iv)        loans,
advances, dividends or distributions by the Company to any Parent to permit any Parent to repurchase or otherwise acquire its Capital
Stock (including any options, warrants or other rights in respect thereof), or payments by the Company to repurchase or otherwise
acquire Capital Stock of any Parent or the Company (including any options, warrants or other rights in respect thereof), in each
case from current or former Management Investors (including any repurchase or acquisition by reason of the Company or any Parent
retaining any Capital Stock, option, warrant or other right in respect of tax withholding obligations, and any related payment
in respect of any such obligation), such payments, loans, advances, dividends or distributions not to exceed an amount (net of
repayments of any such loans or advances) equal to (x) (1) $10.0 million, plus (2) $5.0 million
multiplied by the number of calendar years that have commenced since the Reference Date, plus (y) the Net Cash
Proceeds received by the Company since the Reference Date from, or as a capital contribution from, the issuance or sale to Management
Investors of Capital Stock (including any options, warrants or other rights in respect thereof), to the extent such Net Cash Proceeds
are not included in any calculation under Section 409(a)(3)(B)(x), plus (z) the cash proceeds of
key man life insurance policies received by the Company or any Restricted Subsidiary (or by any Parent and contributed to the Company)
since the Reference Date to the extent such cash proceeds are not included in any calculation under Section 409(a)(3)(A);
provided that any cancellation of Indebtedness owing to the Company or any Restricted Subsidiary by any current or former
Management Investor in connection with any repurchase or other acquisition of Capital Stock (including any options, warrants or
other rights in respect thereof) from any Management Investor shall not constitute a Restricted Payment for purposes of this covenant
or any other provision of this Indenture;

 

(v)         the
payment by the Company of, or loans, advances, dividends or distributions by the Company to any Parent to pay, dividends on the
common stock, units or equity of the Company or any Parent following a public offering of such common stock, units or equity in
an amount not to exceed in any fiscal year of the Company 6.0% of the aggregate gross proceeds received by the Company (whether
directly, or indirectly through a contribution to common equity capital) in or from such public offering;

 

(vi)        Restricted
Payments (including loans or advances) in an aggregate amount outstanding at any time not to exceed an amount (net of repayments
of any such loans or advances) equal to the greater of $35.0 million and 5.0% of Consolidated Total Assets;

 

(vii)       loans,
advances, dividends or distributions to any Parent or other payments by the Company or any Restricted Subsidiary (A) to
satisfy or permit any Parent to satisfy obligations under the 2009 Transaction Documents, (B) pursuant to the Tax Sharing
Agreement, or (C) to pay or permit any Parent to pay (but without duplication) any Parent Expenses or any Related Taxes;

 

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(viii)      payments
by the Company, or loans, advances, dividends or distributions by the Company to any Parent to make payments, to holders of Capital
Stock of the Company or any Parent in lieu of issuance of fractional shares of such Capital Stock;

 

(ix)         dividends
or other distributions of, or Investments paid for or made with, Capital Stock, Indebtedness or other securities of Unrestricted
Subsidiaries;

 

(x)          any
Restricted Payment pursuant to or in connection with the 2009 Transactions, the 2012 Transaction or the Transactions;

 

(xi)         (A)
dividends on any Designated Preferred Stock of the Company issued after the Issue Date; provided that at the time of
such issuance and after giving effect thereto on a pro forma basis, the Consolidated Coverage Ratio would be at least 2.00:1.00,
(B) loans, advances, dividends or distributions to any Parent to permit dividends on any Designated Preferred Stock of any
Parent issued after the Issue Date if the net proceeds of the issuance of such Designated Preferred Stock have been contributed
to the Company or any of its Restricted Subsidiaries; provided that the aggregate amount of all loans, advances, dividends
or distributions paid pursuant to this subclause (B) shall not exceed the net proceeds of such issuance of Designated Preferred
Stock received by or contributed to the Company or any of its Restricted Subsidiaries or (C) any dividend on Refunding Capital
Stock that is Preferred Stock; provided that at the time of the declaration of such dividend and after giving effect thereto
on a pro forma basis, the Consolidated Coverage Ratio would be at least 2.00:1.00;

 

(xii)        distributions
or payments of Special Purpose Financing Fees;

 

(xiii)       the
declaration and payment of dividends to holders of any class or series of Disqualified Stock, or of any Preferred Stock of a Restricted
Subsidiary, Incurred in accordance with the terms of Section 407;

 

(xiv)      any
purchase, redemption, repurchase, defeasance or other acquisition or retirement of Subordinated Obligations (w) made
by exchange for, or out of the proceeds of the Incurrence of, Indebtedness of the Company or Refinancing Indebtedness Incurred
in compliance with Section 407, (x) from Net Available Cash or an equivalent amount to the extent permitted
by Section 411, (y) following the occurrence of a Change of Control (or other similar event described therein
as a “change of control”), but only if the Company shall have complied with Section 415 and, if required,
purchased all Notes tendered pursuant to the offer to repurchase all the Notes required thereby, prior to purchasing or repaying
such Subordinated Obligations or (z) constituting Acquired Indebtedness;

 

(xv)       Investments
or other Restricted Payments in an aggregate amount outstanding at any time not to exceed an amount equal to Declined Excess Proceeds;

 

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(xvi)      Investments
in Unrestricted Subsidiaries in an aggregate amount outstanding at any time not exceeding an amount equal to the greater of $35.0
million and 5.0% of Consolidated Total Assets; and

 

(xvii)     any
Restricted Payment; provided that on a pro forma basis after giving effect to such Restricted Payment the Consolidated Total
Leverage Ratio would be equal to or less than 3.00:1.00;

 

provided that (A) in the case of clauses (ii),
(v) and (viii) of this Section 409, the net amount of any such Permitted Payment shall be included in subsequent calculations
of the amount of Restricted Payments, (B) in all cases other than pursuant to clause (A) immediately above, the
net amount of any such Permitted Payment shall be excluded in subsequent calculations of the amount of Restricted Payments, and
(C) solely with respect to clauses (vi) and (xvii) of this Section 409, no Default or Event of Default shall
have occurred and be continuing at the time of any such Permitted Payment after giving effect thereto. The Company, in its sole
discretion, may classify any Investment or other Restricted Payment as being made in part under one of the clauses or subclauses
of this Section 409 (or, in the case of any Investment, the clauses or subclauses of Permitted Investments) and in
part under one or more other such clauses or subclauses (or, as applicable, clauses or subclauses).

 

Notwithstanding any other provision of this
Indenture, this Indenture does not restrict any redemption or other payment by the Company or any Restricted Subsidiary made as
a mandatory principal redemption or other payment in respect of Subordinated Obligations pursuant to an “AHYDO saver”
provision of any agreement or instrument in respect of Subordinated Obligations, and the Company’s determination in good
faith of the amount of any such “AHYDO saver” mandatory principal redemption or other payment shall be conclusive and
binding for all purposes under this Indenture.

 

Section 410.        Limitation
on Restrictions on Distributions from Restricted Subsidiaries. The Company will not, and will not permit any Restricted Subsidiary
to, create or otherwise cause to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted
Subsidiary to (i) pay dividends or make any other distributions on its Capital Stock or pay any Indebtedness or other
obligations owed to the Company, (ii) make any loans or advances to the Company or (iii) transfer any of
its property or assets to the Company (provided that dividend or liquidation priority between classes of Capital Stock,
or subordination of any obligation (including the application of any remedy bars thereto) to any other obligation, will not be
deemed to constitute such an encumbrance or restriction), except any encumbrance or restriction:

 

(1)         pursuant
to an agreement or instrument in effect at or entered into on the Issue Date, any Credit Facility, this Indenture or the Notes;

 

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(2)         pursuant
to any agreement or instrument of a Person, or relating to Indebtedness or Capital Stock of a Person, which Person is acquired
by or merged or consolidated with or into the Company or any Restricted Subsidiary, or which agreement or instrument is assumed
by the Company or any Restricted Subsidiary in connection with an acquisition of assets from such Person, or any other transaction
entered into in connection with any such acquisition, merger or consolidation, as in effect at the time of such acquisition, merger,
consolidation or transaction (except to the extent that such Indebtedness was incurred to finance, or otherwise in connection with,
such acquisition, merger, consolidation or transaction); provided that for purposes of this clause (2), if a Person other
than the Company is the Successor Company with respect thereto, any Subsidiary thereof or agreement or instrument of such Person
or any such Subsidiary shall be deemed acquired or assumed, as the case may be, by the Company or a Restricted Subsidiary, as the
case may be, when such Person becomes such Successor Company;

  

(3)         pursuant
to an agreement or instrument (a “Refinancing Agreement”) effecting a refinancing of Indebtedness Incurred or
outstanding pursuant or relating to, or that otherwise extends, renews, refunds, refinances or replaces, any agreement or instrument
referred to in clause (1) or (2) of this Section 410 or this clause (3) (an “Initial Agreement”)
or that is, or is contained in, any amendment, supplement or other modification to an Initial Agreement or Refinancing Agreement
(an “Amendment”); provided, however, that the encumbrances and restrictions contained in any such
Refinancing Agreement or Amendment taken as a whole are not materially less favorable to the Holders of the Notes than encumbrances
and restrictions contained in the Initial Agreement or Initial Agreements to which such Refinancing Agreement or Amendment relates
(as determined in good faith by the Company);

  

(4)         (A)
pursuant to any agreement or instrument that restricts in a customary manner the assignment or transfer thereof, or the subletting,
assignment or transfer of any property or asset subject thereto, (B) by virtue of any transfer of, agreement to transfer,
option or right with respect to, or Lien on, any property or assets of the Company or any Restricted Subsidiary not otherwise prohibited
by this Indenture, (C) contained in mortgages, pledges or other security agreements securing Indebtedness or other
obligations of the Company or a Restricted Subsidiary to the extent restricting the transfer of the property or assets subject
thereto, (D) pursuant to customary provisions restricting dispositions of real property interests set forth in any
reciprocal easement agreements of the Company or any Restricted Subsidiary, (E) pursuant to Purchase Money Obligations
that impose encumbrances or restrictions on the property or assets so acquired, (F) on cash or other deposits, net
worth or inventory imposed by customers or suppliers under agreements entered into in the ordinary course of business, (G) pursuant
to customary provisions contained in agreements and instruments entered into in the ordinary course of business (including but
not limited to leases and licenses) or in joint venture and other similar agreements or in shareholder, partnership, limited liability
company and other similar agreements in respect of non-wholly owned Restricted Subsidiaries, (H) that arises or is
agreed to in the ordinary course of business and does not detract from the value of property or assets of the Company or any Restricted
Subsidiary in any manner material to the Company or such Restricted Subsidiary, or (I) pursuant to Hedging Obligations
or Bank Products Obligations;

 

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(5)         with
respect to any agreement for the direct or indirect disposition of Capital Stock of any Person, property or assets, imposing restrictions
with respect to such Person, Capital Stock, property or assets pending the closing of such sale or disposition;

 

(6)         by
reason of any applicable law, rule, regulation or order, or required by any regulatory authority having jurisdiction over the Company
or any Restricted Subsidiary or any of their businesses, including any such law, rule, regulation, order or requirement applicable
in connection with such Restricted Subsidiary’s status (or the status of any Subsidiary of such Restricted Subsidiary) as
a Captive Insurance Subsidiary; or

 

(7)         pursuant
to an agreement or instrument (A) relating to any Indebtedness permitted to be Incurred subsequent to the Issue Date
pursuant to Section 407 (i) if the encumbrances and restrictions contained in any such agreement or instrument
taken as a whole are not materially less favorable to the Holders of the Notes than the encumbrances and restrictions contained
in the Initial Agreements (as determined in good faith by the Company) or (ii) if such encumbrance or restriction is
not materially more disadvantageous to the Holders of the Notes than is customary in comparable financings (as determined in good
faith by the Company) and either (x) the Company determines in good faith that such encumbrance or restriction will
not materially affect the Company’s ability to make principal or interest payments on the Notes or (y) such encumbrance
or restriction applies only if a default occurs in respect of a payment or financial covenant relating to such Indebtedness, (B) relating
to any sale of receivables by or Indebtedness of a Foreign Subsidiary or (C) relating to Indebtedness of or a Financing
Disposition by or to or in favor of any Special Purpose Entity.

 

Section 411.        Limitation
on Sales of Assets and Subsidiary Stock. (a) The Company will not, and will not permit any Restricted Subsidiary to, make any
Asset Disposition unless:

 

(i)          the
Company or such Restricted Subsidiary receives consideration (including by way of relief from, or by any other Person assuming
responsibility for, any liabilities, contingent or otherwise) at the time of such Asset Disposition at least equal to the fair
market value of the shares and assets subject to such Asset Disposition, as such fair market value (on the date a legally binding
commitment for such Asset Disposition was entered into) may be determined (and shall be determined, to the extent such Asset Disposition
or any series of related Asset Dispositions involves aggregate consideration in excess of $25.0 million) in good faith by the Company,
whose determination shall be conclusive (including as to the value of all noncash consideration);

 

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(ii)         in
the case of any Asset Disposition (or series of related Asset Dispositions) having a fair market value (on the date a legally binding
commitment for such Asset Disposition was entered into) of $25.0 million or more, at least 75.0% of the consideration therefor
(excluding, in the case of an Asset Disposition (or series of related Asset Dispositions), any consideration by way of relief from,
or by any other Person assuming responsibility for, any liabilities, contingent or otherwise, that are not Indebtedness) received
by the Company or such Restricted Subsidiary is in the form of cash; and

  

(iii)        an
amount equal to 100.0% of the Net Available Cash from such Asset Disposition is applied by the Company (or any Restricted Subsidiary,
as the case may be) as follows:

 

(A)         first,
either (x) to the extent the Company elects (or is required by the terms of any Credit Facility Indebtedness, any Senior
Indebtedness of the Company or any Subsidiary Guarantor or any Indebtedness of a Restricted Subsidiary that is not a Subsidiary
Guarantor), to prepay, repay or purchase any such Indebtedness or Obligations in respect thereof or (in the case of letters of
credit, bankers’ acceptances or other similar instruments) cash collateralize any such Indebtedness or Obligations in respect
thereof (in each case other than Indebtedness owed to the Company or a Restricted Subsidiary) within 365 days after the later of
the date of such Asset Disposition and the date of receipt of such Net Available Cash, or (y) to the extent the Company
or such Restricted Subsidiary elects, to invest in Additional Assets (including by means of an investment in Additional Assets
by a Restricted Subsidiary with an amount equal to Net Available Cash received by the Company or another Restricted Subsidiary)
within 365 days from the later of the date of such Asset Disposition and the date of receipt of such Net Available Cash, or, if
such investment in Additional Assets is a project authorized by the Board of Directors that will take longer than such 365 days
to complete the period of time necessary to complete such project;

 

(B)         second,
to the extent of the balance of such Net Available Cash after application in accordance with clause (A) above (such balance,
the “Excess Proceeds”), to make an offer to purchase Notes and (to the extent the Company or such Restricted
Subsidiary elects, or is required by the terms thereof) to purchase, redeem or repay any other Senior Indebtedness of the Company
or a Restricted Subsidiary, pursuant and subject to Section 411(b) and Section 411(c) and the agreements governing
such other Indebtedness; and

 

(C)         third,
to the extent of the balance of such Net Available Cash after application in accordance with clauses (A) and (B) above
(the amount of such balance, “Declined Excess Proceeds”), to fund (to the extent consistent with any other applicable
provision of this Indenture) any general corporate purpose (including but not limited to the repurchase, repayment or other acquisition
or retirement of any Subordinated Obligations or the making of other Restricted Payments);

 

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provided, however, that (1) in connection
with any prepayment, repayment or purchase of Indebtedness pursuant to clause (A)(x) or (B) above, the Company or such
Restricted Subsidiary will retire such Indebtedness and will cause the related loan commitment (if any) to be permanently reduced
in an amount equal to the principal amount so prepaid, repaid or purchased; and (2) the Company (or any Restricted Subsidiary,
as the case may be) may elect to invest in Additional Assets prior to receiving the Net Available Cash attributable to any given
Asset Disposition (provided that such investment shall be made no earlier than the earliest of notice to the Trustee of
the relevant Asset Disposition, execution of a definitive agreement for the relevant Asset Disposition, and consummation of the
relevant Asset Disposition) and deem the amount so invested to be applied pursuant to and in accordance with clause (A)(y) above
with respect to such Asset Disposition.

 

Notwithstanding the foregoing provisions of
this Section 411, the Company and the Restricted Subsidiaries shall not be required to apply any Net Available Cash or equivalent
amount in accordance with this Section 411 except to the extent that the aggregate Net Available Cash from all Asset Dispositions
or equivalent amount that is not applied in accordance with this Section 411 exceeds $25.0 million. If the aggregate principal
amount of Notes and/or other Indebtedness of the Company or a Restricted Subsidiary validly tendered and not withdrawn (or otherwise
subject to purchase, redemption or repayment) in connection with an offer pursuant to clause (B) above exceeds the Excess Proceeds,
the Excess Proceeds will be apportioned between such Notes and such other Indebtedness of the Company or a Restricted Subsidiary,
with the portion of the Excess Proceeds payable in respect of such Notes to equal the lesser of (x) the Excess Proceeds
amount multiplied by a fraction, the numerator of which is the outstanding principal amount of such Notes and the denominator of
which is the sum of the outstanding principal amount of the Notes and the outstanding principal amount of the relevant other Indebtedness
of the Company or a Restricted Subsidiary, and (y) the aggregate principal amount of Notes validly tendered and not
withdrawn.

 

For the purposes of Section 411(a)(ii),
the following are deemed to be cash: (1) Temporary Cash Investments and Cash Equivalents; (2) the assumption
of Indebtedness of the Company (other than Disqualified Stock of the Company) or any Restricted Subsidiary and the release of the
Company or such Restricted Subsidiary from all liability on payment of the principal amount of such Indebtedness in connection
with such Asset Disposition; (3) Indebtedness of any Restricted Subsidiary that is no longer a Restricted Subsidiary
as a result of such Asset Disposition, to the extent that the Company and each other Restricted Subsidiary are released from any
Guarantee of payment of the principal amount of such Indebtedness in connection with such Asset Disposition; (4) securities
received by the Company or any Restricted Subsidiary from the transferee that are converted by the Company or such Restricted Subsidiary
into cash within 180 days; (5) consideration consisting of Indebtedness of the Company or any Restricted Subsidiary;
(6) Additional Assets; and (7) any Designated Noncash Consideration received by the Company or any of its
Restricted Subsidiaries in an Asset Disposition having an aggregate Fair Market Value, taken together with all other Designated
Noncash Consideration received pursuant to this clause, not to exceed an aggregate amount at any time outstanding equal to the
greater of $35.0 million and 5.0% of Consolidated Total Assets (with the Fair Market Value of each item of Designated Noncash Consideration
being measured on the date a legally binding commitment for such disposition (or, if later, for the payment of such item) was entered
into and without giving effect to subsequent changes in value).

 

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(b)          In
the event of an Asset Disposition that requires the purchase of Notes pursuant to Section 411(a)(iii)(B), the Company will
be required to purchase Notes tendered pursuant to an offer by the Company for the Notes (the “Offer”) at a
purchase price of 100.0% of their principal amount plus accrued and unpaid interest to the date of purchase in accordance with
the procedures (including prorating in the event of oversubscription) set forth in Section 411(c). If the aggregate
purchase price of the Notes tendered pursuant to the Offer is less than the Net Available Cash allotted to the purchase of Notes,
the remaining Net Available Cash will be available to the Company for use in accordance with Section 411(a)(iii)(B) (to
repay other Indebtedness of the Company or a Restricted Subsidiary) or Section 411(a)(iii)(C). The Company shall not be
required to make an Offer for Notes pursuant to this Section 411 if the Net Available Cash available therefor (after application
of the proceeds as provided in Section 411(a)(iii)(A)) is less than $25.0 million for any particular Asset Disposition
(which lesser amounts shall be carried forward for purposes of determining whether an Offer is required with respect to the Net
Available Cash from any subsequent Asset Disposition). No Note will be repurchased in part if less than $2,000 in original principal
amount of such Note would be left outstanding.

 

(c)          The
Company shall, not later than 45 days after the Company becomes obligated to make an Offer pursuant to this Section 411,
mail a notice to each Holder with a copy to the Trustee stating: (1) that an Asset Disposition that requires the purchase
of a portion of the Notes has occurred and that such Holder has the right (subject to the prorating described below) to require
the Company to purchase a portion of such Holder’s Notes at a purchase price in cash equal to 100.0% of the principal amount
thereof, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of Holders of record on
a record date to receive interest on the relevant Interest Payment Date falling prior to or on the purchase date); (2) the
repurchase date (which shall be no earlier than 10 days nor later than 60 days from the date such notice is mailed, except that
such notice may be delivered more than 60 days prior to the purchase date if the purchase is delayed as provided in clause (5)
of this Section 411(c)); (3) the instructions determined by the Company, consistent with this Section 411,
that a Holder must follow in order to have its Notes purchased; (4) the amount of the Offer which amount may be contingent
upon the Net Available Cash remaining following the application of Net Available Cash pursuant to Section 411(a)(iii)(A)
and (5) if such notice is mailed prior to the date the Net Available Cash attributable to such Asset Disposition is
received, that such offer is conditioned upon receipt of such Net Available Cash and that the purchase date may, in the Company’s
discretion, be delayed until such time as the Net Available Cash is received. If, upon the expiration of the period for which the
Offer remains open, the aggregate principal amount of Notes surrendered by Holders exceeds the amount of the Offer, the Company
shall select the Notes to be purchased on a pro rata basis (with such adjustments as may be deemed appropriate by the Company
so that only Notes in denominations of $2,000 or integral multiples of $1,000 in excess thereof shall be purchased).

  

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(d)          The
Company will comply, to the extent applicable, with the requirements of Section 14(e) of the Exchange Act and any other
securities laws or regulations in connection with the repurchase of Notes pursuant to this Section 411. To the extent that
the provisions of any securities laws or regulations conflict with provisions of this Section 411, the Company will comply
with the applicable securities laws and regulations and will not be deemed to have breached its obligations under this Section
411 by virtue thereof.

 

Section 412.        Limitation
on Transactions with Affiliates. (a) The Company will not, and will not permit any Restricted Subsidiary to, directly or indirectly,
enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any
property or the rendering of any service) with any Affiliate of the Company (an “Affiliate Transaction”) involving
aggregate consideration in excess of $15.0 million unless (i) the terms of such Affiliate Transaction are not materially
less favorable to the Company or such Restricted Subsidiary, as the case may be, than those that could be obtained at the time
in a transaction with a Person who is not such an Affiliate and (ii) if such Affiliate Transaction involves aggregate
consideration in excess of $25.0 million, the terms of such Affiliate Transaction have been approved by a majority of the Board
of Directors. For purposes of this Section 412(a), any Affiliate Transaction shall be deemed to have satisfied the requirements
set forth in this Section 412(a) if (x) such Affiliate Transaction is approved by a majority of the Disinterested
Directors or (y) in the event there are no Disinterested Directors, a fairness opinion is provided by a nationally
recognized appraisal or investment banking firm with respect to such Affiliate Transaction.

 

(b)          The
provisions of Section 412(a) will not apply to:

 

(i)          any
Restricted Payment Transaction,

 

(ii)         (1)
the entering into, maintaining or performance of any employment or consulting contract, collective bargaining agreement, benefit
plan, program or arrangement, related trust agreement or any other similar arrangement for or with any current or former management
member, employee, officer or director or consultant of or to the Company, any Restricted Subsidiary or any Parent heretofore or
hereafter entered into in the ordinary course of business, including vacation, health, insurance, deferred compensation, severance,
retirement, savings or other similar plans, programs or arrangements, (2) payments, compensation, performance of indemnification
or contribution obligations, the making or cancellation of loans in the ordinary course of business to any such management members,
employees, officers, directors or consultants, (3) any issuance, grant or award of stock, options, other equity related
interests or other securities, to any such management members, employees, officers, directors or consultants, (4) the
payment of reasonable fees to directors of the Company or any of its Subsidiaries or any Parent (as determined in good faith by
the Company, such Subsidiary or such Parent), or (5) Management Advances and payments in respect thereof (or in reimbursement
of any expenses referred to in the definition of such term),

 

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(iii)        any
transaction between or among any of the Company, one or more Restricted Subsidiaries, or one or more Special Purpose Entities,

 

(iv)        any
transaction arising out of agreements or instruments in existence on the Issue Date (other than the Tax Sharing Agreement or any
2009 Transaction Document referred to in Section 412(b)(vii)), and any payments made pursuant thereto,

 

(v)         any
transaction in the ordinary course of business on terms that are fair to the Company and its Restricted Subsidiaries in the reasonable
determination of the Board of Directors or senior management of the Company, or are not materially less favorable to the Company
or the relevant Restricted Subsidiary than those that could be obtained at the time in a transaction with a Person who is not an
Affiliate of the Company,

 

(vi)        any
transaction in the ordinary course of business, or approved by a majority of the Board of Directors, between the Company or any
Restricted Subsidiary and any Affiliate of the Company controlled by the Company that is a joint venture or similar entity,

 

(vii)       (1)
the execution, delivery and performance of the Tax Sharing Agreement and any 2009 Transaction Document, and (2) payments
to CD&R or any of its Affiliates (x) for any management, consulting or advisory services, or in respect of financing,
underwriting or placement services or other investment banking activities (if any), as may be approved by a majority of the Disinterested
Directors, (y) in connection with any acquisition, disposition, merger, recapitalization or similar transactions, which
payments are made pursuant to the 2009 Transaction Documents or are approved by a majority of the Board of Directors in good faith,
and (z) of all out-of-pocket expenses incurred in connection with such services or activities,

 

(viii)      the
Transactions, the 2009 Transactions and the 2012 Transactions, all transactions in connection therewith (including but not limited
to the financing thereof), and all fees and expenses paid or payable in connection with the Transactions, the 2009 Transactions
and the 2012 Transactions, including the fees and out-of-pocket expenses of CD&R and its Affiliates,

 

(ix)         any
issuance or sale of Capital Stock (other than Disqualified Stock) of the Company or Junior Capital or any capital contribution
to the Company, and

 

(x)          any
investment by any CD&R Investor in securities of the Company or any of its Restricted Subsidiaries (and payment of out-of-pocket
expenses incurred by any CD&R Investor in connection therewith) so long as such securities are being offered generally to investors
(other than CD&R Investors) on the same or more favorable terms.

 

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Section 413.        Limitation
on Liens. The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or permit
to exist any Lien (other than Permitted Liens) on any of its property or assets (including Capital Stock of any other Person),
whether owned on the date of this Indenture or thereafter acquired, securing any Indebtedness (the “Initial Lien”),
unless contemporaneously therewith effective provision is made to secure the Indebtedness due under this Indenture and the Notes
or, in respect of Liens on any Restricted Subsidiary’s property or assets, any Subsidiary Guarantee of such Restricted Subsidiary,
equally and ratably with (or on a senior basis to, in the case of Subordinated Obligations or Guarantor Subordinated Obligations)
such obligation for so long as such obligation is so secured by such Initial Lien. Any such Lien thereby created in favor of the
Notes or any such Subsidiary Guarantee will be automatically and unconditionally released and discharged upon (i) the
release and discharge of the Initial Lien to which it relates, (ii) in the case of any such Lien in favor of any such
Subsidiary Guarantee, upon the termination and discharge of such Subsidiary Guarantee in accordance with the terms of Section
1303 or (iii) any sale, exchange or transfer (other than a transfer constituting a transfer of all or substantially
all of the assets of the Company that is governed by Section 501) to any Person not an Affiliate of the Company of the property
or assets secured by such Initial Lien, or of all of the Capital Stock held by the Company or any Restricted Subsidiary in, or
all or substantially all the assets of, any Restricted Subsidiary creating such Initial Lien.

  

Section 414.        Future
Subsidiary Guarantors. The Company will cause each Domestic Subsidiary that guarantees payment by the Company or any Subsidiary
Guarantor of any Indebtedness of the Company or any such Subsidiary Guarantor under either of the Senior Credit Facilities (including
by reason of being a borrower under the Senior ABL Facility on a joint and several basis with the Company or a Subsidiary Guarantor)
or consisting of any Capital Market Indebtedness to execute and deliver to the Trustee a supplemental indenture or other instrument
pursuant to which such Domestic Subsidiary will guarantee payment of the Notes, whereupon such Domestic Subsidiary will become
a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may, at its option, elect to cause any Subsidiary
that is not a Subsidiary Guarantor so to guarantee payment of the Notes and become a Subsidiary Guarantor.

 

Section 415.        Purchase
of Notes Upon a Change of Control. (a) Upon the occurrence after the Issue Date of a Change of Control, each Holder of Notes
will have the right to require the Company to repurchase all or any part of such Notes at a purchase price in cash equal to 101.0%
of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of Holders
of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or
on the purchase date pursuant to Section 307); provided, however, that the Company shall not be obligated
to repurchase Notes pursuant to this Section 415 in the event that it has exercised its right to redeem all of the
Notes as provided in Article X. The Transactions shall not constitute or give rise to a Change of Control.

 

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(b)          In
the event that, at the time of such Change of Control, the terms of any Credit Facility Indebtedness constituting Designated Senior
Indebtedness restrict or prohibit the repurchase of the Notes pursuant to this Section 415, then prior to the mailing
of the notice to Holders provided for in Section 415(c) but in any event not later than 30 days following the date
the Company obtains actual knowledge of any Change of Control (unless the Company has exercised its right to redeem all the Notes
as provided in Article X), the Company shall, or shall cause one or more of its Subsidiaries to, (i) repay
in full all such Credit Facility Indebtedness subject to such terms or offer to repay in full all such Credit Facility Indebtedness
and repay the Credit Facility Indebtedness of each lender who has accepted such offer or (ii) obtain the requisite
consent under the agreements governing such Credit Facility Indebtedness to permit the repurchase of the Notes as provided for
in Section 415(c). The Company shall first comply with the provisions of the immediately preceding sentence before
it shall be required to repurchase Notes pursuant to the provisions set forth in this Section 415. The Company’s
failure to comply with the provisions of this Section 415(b) or Section 415(c) shall constitute an Event
of Default under Section 601(iv) and not under Section 601(ii).

  

(c)          Unless
the Company has exercised its right to redeem all the Notes as described in Article X, the Company shall, not later
than 30 days following the date the Company obtains actual knowledge of any Change of Control having occurred, mail a notice (a
“Change of Control Offer”) to each Holder with a copy to the Trustee stating: (1) that a Change
of Control has occurred or may occur and that such Holder has, or upon such occurrence will have, the right to require the Company
to purchase such Holder’s Notes at a purchase price in cash equal to 101.0% of the principal amount thereof, plus accrued
and unpaid interest, if any, to the date of purchase (subject to the right of Holders of record on a record date to receive interest
on the relevant Interest Payment Date falling prior to or on the purchase date); (2) the repurchase date (which shall
be no earlier than 10 days nor later than 60 days from the date such notice is mailed, except that such notice may be delivered
more than 60 days prior to the purchase date, if the purchase date is delayed as provided in clause (4) of this Section 415(c));
(3) the instructions determined by the Company, consistent with this Section 415, that a Holder must follow
in order to have its Notes purchased; and (4) if such notice is mailed prior to the occurrence of a Change of Control,
that such offer is conditioned on the occurrence of such Change of Control and that the purchase date may, in the Company’s
discretion, be delayed until such time as the Change of Control has occurred. No Note will be repurchased in part if less than
$2,000 in original principal amount of such Note would be left outstanding.

 

(d)          The
Company will not be required to make a Change of Control Offer upon a Change of Control if a third party makes the Change of Control
Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Indenture applicable to a
Change of Control Offer made by the Company and purchases all Notes validly tendered and not withdrawn under such Change of Control
Offer.

 

(e)          If
Holders of not less than 90% in aggregate principal amount of the outstanding Notes of any series validly tender and do not withdraw
such Notes in a Change of Control Offer and the Company, or any third party making a Change of Control Offer in lieu of the Company
as described above, purchases all of the Notes of such series validly tendered and not withdrawn by such Holders, the Company or
such third party will have the right, upon not less than 10 nor more than 60 days’ prior notice, given not more than 30 days
following such purchase pursuant to such Change of Control Offer, to redeem all Notes of such series that remain outstanding following
such purchase at a price in cash equal to 101% of the principal amount thereof plus accrued and unpaid interest to but excluding
the date of such redemption.

 

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(f)          The
Company will comply, to the extent applicable, with the requirements of Section 14(e) of the Exchange Act and any other
securities laws or regulations in connection with the repurchase of Notes pursuant to this Section 415. To the extent
that the provisions of any securities laws or regulations conflict with provisions of this Section 415, the Company
will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under this
Section 415 by virtue thereof.

  

Section 416.        Suspension
of Covenants on Achievement of Investment Grade Rating. (a) If on any day following the Issue Date (a) the Notes
have Investment Grade Ratings from both Rating Agencies, and (b) no Default has occurred and is continuing under this
Indenture, then, beginning on that day (the “Suspension Date”) subject to the provisions of the following paragraph,
the covenants listed under Section 407, Section 409, Section 410, Section 411, Section
412, Section 414, Section 501(a)(iii) and Section 501(a)(iv) (collectively, the “Suspended Covenants”)
will be suspended. During any period that the foregoing covenants have been suspended, the Board of Directors may not designate
any of its Subsidiaries as Unrestricted Subsidiaries unless such designation would have complied with Section 409 as
if Section 409 would have been in effect during such period.

 

(b)          If
on any subsequent date one or both of the Rating Agencies downgrade the ratings assigned to the Notes below an Investment Grade
Rating, the foregoing covenants will be reinstated as of and from the date on which the Company obtains actual knowledge of such
rating decline (any such date, a “Reversion Date”). The period of time between the Suspension Date and the Reversion
Date is referred to as the “Suspension Period.” Upon such reinstatement, all Indebtedness Incurred during the
Suspension Period will be deemed to have been Incurred under the exception provided by Section 407(b)(iii). With respect
to Restricted Payments made after any such reinstatement, the amount of Restricted Payments will be calculated as if Section 409
had been in effect prior to, but not during, the Suspension Period. For purposes of Section 411, upon the occurrence
of a Reversion Date the amount of Net Available Cash not applied in accordance with such covenant will be deemed to be reset to
zero. In addition, for purposes of Section 412, all agreements and arrangements entered into by the Company and any Restricted
Subsidiary with an Affiliate of the Company during the Suspension Period prior to such Reversion Date will be deemed to have been
entered into on or prior to the Issue Date, and for purposes of Section 410, all contracts entered into during the Suspension
Period prior to such Reversion Date that contain any of the encumbrances or restrictions subject to such covenant will be deemed
to have been existing on the Issue Date. The Subsidiary Guarantees of the Subsidiary Guarantors will be suspended during the Suspension
Period.

 

(c)          During
the Suspension Period, any reference in the definitions of “Permitted Liens” and “Unrestricted Subsidiary”
to Section 407 or any provision thereof shall be construed as if such covenant were in effect during the Suspension
Period.

 

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Notwithstanding that the Suspended Covenants
may be reinstated, no Default or Event of Default will be deemed to have occurred as a result of any actions taken by the Company
or any Subsidiary (including for the avoidance of doubt any failure to comply with the Suspended Covenants) or other events that
occurred during any Suspension Period (or upon termination of the Suspension Period or after that time arising out of events that
occurred or actions taken during the Suspension Period) and the Company and any Subsidiary will be permitted, without causing a
Default or Event of Default or breach of any kind under this Indenture, to honor, comply with or otherwise perform any contractual
commitments or obligations entered into during a Suspension Period following a Reversion Date and to consummate the transactions
contemplated thereby.

 

(d)          The
Company shall deliver promptly to the Trustee an Officer’s Certificate notifying it of the occurrence of any Suspension Date
or any Reversion Date. The Trustee shall have no independent obligation to determine if a Suspension Period has commenced or terminated
or to notify Holders regarding the same.

 

ARTICLE V

SUCCESSORS

 

Section 501.        When
the Company May Merge, Etc. (a) The Company will not consolidate with or merge with or into, or convey, lease or otherwise
transfer all or substantially all its assets to, any Person, unless:

 

(i)          the
resulting, surviving or transferee Person (the “Successor Company”) will be a Person organized and existing
under the laws of the United States of America, any State thereof or the District of Columbia and the Successor Company (if not
the Company) will expressly assume all the obligations of the Company under the Notes and this Indenture by executing and delivering
to the Trustee a supplemental indenture or one or more other documents or instruments in form reasonably satisfactory to the Trustee;

 

(ii)         immediately
after giving effect to such transaction (and treating any Indebtedness that becomes an obligation of the Successor Company or any
Restricted Subsidiary as a result of such transaction as having been Incurred by the Successor Company or such Restricted Subsidiary
at the time of such transaction), no Default will have occurred and be continuing;

 

(iii)        immediately
after giving effect to such transaction, either (A) the Company (or, if applicable, the Successor Company with respect
thereto) could Incur at least $1.00 of additional Indebtedness pursuant to Section 407(a) or (B) the Consolidated
Coverage Ratio of the Company (or, if applicable, the Successor Company with respect thereto) would equal or exceed the Consolidated
Coverage Ratio of the Company immediately prior to giving effect to such transaction;

 

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(iv)        each
Subsidiary Guarantor (other than (x) any Subsidiary Guarantor that will be released from its obligations under its
Subsidiary Guarantee in connection with such transaction and (y) any party to any such consolidation or merger) shall
have delivered a supplemental indenture or other document or instrument in form reasonably satisfactory to the Trustee, confirming
its Subsidiary Guarantee (other than any Subsidiary Guarantee that will be discharged or terminated in connection with such transaction);
and

 

(v)         the
Company will have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each to the effect that such
consolidation, merger or transfer complies with the provisions described in this Section 501(a); provided that (x) in
giving such opinion such counsel may rely on an Officer’s Certificate as to compliance with the foregoing clauses (ii)
and (iii) and as to any matters of fact, and (y) no Opinion of Counsel will be required for a consolidation, merger
or transfer described in Section 501(b).

 

Any Indebtedness that becomes an obligation
of the Company (or, if applicable, the Successor Company with respect thereto) or any Restricted Subsidiary (or that is deemed
to be Incurred by any Restricted Subsidiary that becomes a Restricted Subsidiary) as a result of any such transaction undertaken
in compliance with this Section 501, and any Refinancing Indebtedness with respect thereto, shall be deemed to have
been Incurred in compliance with Section 407.

 

(b)          Clauses (ii)
and (iii) of Section 501(a) will not apply to any transaction in which the Company consolidates or merges with or into
or transfers all or substantially all its properties and assets to (x) an Affiliate incorporated or organized for the
purpose of reincorporating or reorganizing the Company in another jurisdiction or changing its legal structure to a limited liability
company, partnership or other entity or (y) a Restricted Subsidiary of the Company so long as all assets of the Company
and the Restricted Subsidiaries immediately prior to such transaction (other than Capital Stock of such Restricted Subsidiary)
are owned by such Restricted Subsidiary and its Restricted Subsidiaries immediately after the consummation thereof. Section 501(a)
will not apply to (1) any transaction in which any Restricted Subsidiary consolidates with, merges into or transfers
all or part of its assets to the Company or (2) the Transactions.

 

(c)          For
purposes of this Section 501, so long as at the time of any Minority Business Disposition or any Minority Business
Offering the Minority Business Disposition Condition is met, the Minority Business Assets shall not be deemed at any time to constitute
all or substantially all of the assets of the Company, and any sale or transfer of all or any part of the Minority Business Assets
(whether directly or indirectly, whether by sale or transfer of any such assets, or of any Capital Stock or other interest in any
Person holding such assets, or any consolidation or merger, or any combination thereof, and whether in one or more transactions,
or otherwise, including any Minority Business Offering or any Minority Business Disposition) shall not be deemed at any time to
constitute a consolidation with or merger with or into, or conveyance, transfer or lease of all or substantially all of the assets
of the Company to, any Person.

 

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Section 502.        Successor
Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company
is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power
of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants
under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not
be released from the obligation to pay the principal of and interest on the Notes.

 

ARTICLE VI

REMEDIES

 

Section 601.        Events
of Default. An “Event of Default” means the occurrence of the following:

 

(i)          a
default in any payment of interest on any Note when due, continued for a period of 30 days;

 

(ii)         a
default in the payment of principal of any Note when due, whether at its Stated Maturity, upon optional redemption, upon required
repurchase, upon declaration of acceleration or otherwise;

 

(iii)        the
failure by the Company to comply with its obligations under Section 501(a);

 

(iv)        the
failure by the Company to comply for 30 days after the notice specified in the penultimate paragraph of this Section 601
with any of its obligations under Section 415 (other than a failure to purchase the Notes);

 

(v)         the
failure by the Company to comply for (x) 180 days after the notice specified in the penultimate paragraph of this Section
601 with any of its obligations under Section 405 (other than a failure to comply with an obligation under Section
405(a) or Section 405(b) for which the Company (1) is entitled to elect to rely on the alternative obligations
set forth in Section 405(d) and (2) has elected to so rely on Section 405(d)) or (y) 60 days after
the notice specified in the penultimate paragraph of this Section 601 with its other agreements contained in the Notes or
this Indenture;

 

(vi)        the
failure by any Subsidiary Guarantor to comply for 45 days after the notice specified in the penultimate paragraph of this Section
601 with its obligations under its Subsidiary Guarantee;

 

(vii)       the
failure by the Company or any Restricted Subsidiary to pay any Indebtedness for borrowed money (other than Indebtedness owed to
the Company or any Restricted Subsidiary) within any applicable grace period after final maturity or the acceleration of any such
Indebtedness by the holders thereof because of a default, if the total amount of such Indebtedness so unpaid or accelerated exceeds
$35.0 million or its foreign currency equivalent; provided that no Default or Event of Default will be deemed to occur with
respect to any such Indebtedness that is paid or otherwise acquired or retired (or for which such failure to pay or acceleration
is waived or rescinded) within 20 Business Days after such failure to pay or such acceleration;

 

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(viii)      the
taking of any of the following actions by the Company or a Significant Subsidiary, pursuant to or within the meaning of any Bankruptcy
Law:

 

(A)         the
commencement of a voluntary case;

 

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

 

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

 

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

 

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

 

(A)         is
for relief against the Company or any Significant Subsidiary in an involuntary case;

 

(B)         appoints
a Custodian of the Company or any Significant Subsidiary or for any substantial part of its property; or

 

(C)         orders
the winding up or liquidation of the Company or any Significant Subsidiary;

 

and the order or decree remains unstayed and in effect
for 60 days;

 

(x)          the
rendering of any judgment or decree for the payment of money in an amount (net of any insurance or indemnity payments actually
received in respect thereof prior to or within 90 days from the entry thereof, or to be received in respect thereof in the event
any appeal thereof shall be unsuccessful) in excess of $35.0 million or its foreign currency equivalent against the Company or
a Significant Subsidiary that is not discharged, or bonded or insured by a third Person, if such judgment or decree remains outstanding
for a period of 90 days following such judgment or decree and is not discharged, waived or stayed; or

 

(xi)         the
failure of any Subsidiary Guarantee by a Subsidiary Guarantor that is a Significant Subsidiary to be in full force and effect (except
as contemplated by the terms thereof or of this Indenture) or the denial or disaffirmation in writing by any Subsidiary Guarantor
that is a Significant Subsidiary of its obligations under this Indenture or any Subsidiary Guarantee (other than by reason of the
termination of this Indenture or such Subsidiary Guarantee or the release of such Subsidiary Guarantee in accordance with such
Subsidiary Guarantee or this Indenture), if such Default continues for 10 days.

 

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The foregoing will constitute Events of Default
whatever the reason for any such Event of Default and whether it is voluntary or involuntary or is effected by operation of law
or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental
body.

 

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

 

However, a Default under Section 601(iv),
Section 601(v) or Section 601(vi) will not constitute an Event of Default until the Trustee or
the Holders of at least 30.0% in principal amount of the Outstanding Notes (which contain such Default) notify the Company in writing
of the Default and the Company does not cure such Default within the time specified in such clause after receipt of such notice.
Such notice must specify the Default, demand that it be remedied and state that such notice is a “Notice of Default.”
When a Default or an Event of Default is cured, it ceases.

 

The Company shall deliver to the Trustee,
within 30 days after the occurrence thereof, written notice in the form of an Officer’s Certificate of any Event of Default
under Section 601(vii) or Section 601(x) and any event that with the giving of notice or the
lapse of time would become an Event of Default under Section 601(iv), Section 601(v) or Section 601(vi),
its status and what action the Company is taking or proposes to take with respect thereto.

 

Section 602.   Acceleration
of Maturity; Rescission and Annulment. If an Event of Default (other than an Event of Default specified in Section 601(viii)
or Section 601(ix), with respect to the Company) occurs and is continuing, unless otherwise specified for Notes of any series
in the applicable Notes Supplemental Indenture, as contemplated by Section 301, the Trustee by written notice to the
Company, or the Holders of at least 30.0% in principal amount of the Outstanding Notes (which contain such Default) by written
notice to the Company and the Trustee, in either case specifying in such notice the respective Event of Default and that such notice
is a “notice of acceleration,” may declare the principal of and accrued but unpaid interest on all the Notes to be
due and payable. Upon the effectiveness of such a declaration, such principal and interest will be due and payable immediately.

 

Notwithstanding the foregoing, if an Event
of Default specified in Section 601(viii) or Section 601(ix) with respect to the Company occurs and is continuing,
unless otherwise specified for Notes of any series in the applicable Notes Supplemental Indenture as contemplated by Section 301,
the principal of and accrued but unpaid interest on all the Outstanding Notes will ipso facto become immediately due and
payable without any declaration or other act on the part of the Trustee or any Holder.

 

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The Holders of a majority in principal amount
of the Outstanding Notes (which contain such Event of Default which has been accelerated) by notice to the Company and the Trustee
may rescind an acceleration and its consequences if the rescission would not conflict with any judgment or decree and if all existing
Events of Default have been cured or waived except non-payment of principal or interest that has become due solely because of such
acceleration. No such rescission shall affect any subsequent Default or impair any right consequent thereto.

 

Section 603.   Other
Remedies; Collection Suit by Trustee. If an Event of Default occurs and is continuing, the Trustee may, but is not obligated
under this Section 603 to, pursue any available remedy to collect the payment of principal of or interest on the Notes
or to enforce the performance of any provision of the Notes or this Indenture. If an Event of Default specified in Section 601(i)
or 601(ii) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust
against the Company for the whole amount then due and owing (together with interest on any unpaid interest to the extent lawful)
and the amounts provided for in Section 707.

 

Section 604.   Trustee
May File Proofs of Claim. The Trustee may file such proofs of claim and other papers or documents as may be necessary or advisable
in order to have the claims of the Trustee and the Holders allowed in any judicial proceedings relative to the Company or any other
obligor upon the Notes, its creditors or its property and, unless prohibited by law or applicable regulations, may vote on behalf
of the Holders in any election of a trustee in bankruptcy or other Person performing similar functions, and any Custodian in any
such judicial proceeding is hereby authorized by each Holder to make payments to the Trustee and, in the event that the Trustee
shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents and its counsel, and any other amounts due the Trustee
under Section 707.

 

No provision of this Indenture shall be deemed
to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement,
adjustment or composition affecting the Notes or the rights of any Holder thereof or to authorize the Trustee to vote in respect
of the claim of any Holder in any such proceeding.

 

Section 605.   Trustee
May Enforce Claims Without Possession of Notes. All rights of action and claims under this Indenture or the Notes may be prosecuted
and enforced by the Trustee without the possession of any of the Notes or the production thereof in any proceeding relating thereto,
and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery
of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Notes in respect of which such judgment has been
recovered.

 

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Section 606.   Application
of Money Collected. Any money or property collected by the Trustee pursuant to this Article VI shall be applied in the
following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money or property on account
of principal (or premium, if any) or interest, upon presentation of the Notes and the notation thereon of the payment if only partially
paid and upon surrender thereof if fully paid:

 

First: to the payment of
all amounts due the Trustee under Section 707;

 

Second: to the payment
of the amounts then due and unpaid upon the Notes for principal (and premium, if any) and interest, in respect of which or for
the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts
due and payable on such Notes for principal (and premium, if any) and interest, respectively; and

 

Third: to the Company.

 

Section 607.   Limitation
on Suits. Subject to Section 608, no Holder may pursue any remedy with respect to this Indenture or the Notes unless:

 

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

 

(ii)         Holders
of at least 30.0% in principal amount of the Outstanding Notes (which contain such Event of Default) have requested the Trustee
in writing to pursue the remedy;

 

(iii)        such
Holder or Holders have offered to the Trustee security or indemnity satisfactory to it against any loss, liability or expense;

 

(iv)        the
Trustee has not complied with the request within 60 days after receipt of the request and the offer of security or indemnity;
and

 

(v)         Holders
of a majority in principal amount of the Outstanding Notes have not given the Trustee a direction inconsistent with the request
within such 60-day period.

 

A Holder may not use this Indenture to affect,
disturb or prejudice the rights of another Holder, to obtain a preference or priority over another Holder or to enforce any right
under this Indenture except in the manner herein provided and for the equal and ratable benefit of all Holders.

 

Section 608.   Unconditional
Right of Holders to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Holder of any
Note shall have the absolute and unconditional right to receive payment of the principal of and all (subject to Section 307)
interest on such Note on the respective Stated Maturity or Interest Payment Dates expressed in such Note and to institute suit
for the enforcement of any such payment on or after such respective Stated Maturity or Interest Payment Dates, and such right shall
not be impaired without the consent of such Holder.

 

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Section 609.   Restoration
of Rights and Remedies. If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this
Indenture or any Note and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to
the Trustee or to such Holder, then and in every such case the Company, any other obligor upon the Notes, the Trustee and the Holders
shall, subject to any determination in such proceeding, be restored severally and respectively to their former positions hereunder,
and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted.

 

Section 610.   Rights
and Remedies Cumulative. No right or remedy herein conferred upon or reserved to the Trustee or to the Holders 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.

 

Section 611.   Delay
or Omission Not Waiver. No delay or omission of the Trustee or of any Holder of any Note to exercise any right or remedy accruing
upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence
therein. Every right and remedy given by this Article VI or by law to the Trustee or to the Holders may be exercised
from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

 

Section 612.   Control
by Holders. The Holders of not less than a majority in aggregate principal amount of the Outstanding Notes (which contain the
Event of Default for which a remedy is being enforced) shall have the right to direct the time, method and place of conducting
any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee; provided
that

 

(1)         such
direction shall not be in conflict with any rule of law or with this Indenture, and

 

(2)         the
Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.

 

However, the Trustee may refuse to follow
any direction that conflicts with law or this Indenture or, subject to Section 701, that the Trustee determines is
unduly prejudicial to the rights of any other Holder or that would involve the Trustee in personal liability; provided,
however, that the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction.
Prior to taking any action under this Indenture, the Trustee shall be entitled to indemnification satisfactory to it in its sole
discretion against all losses and expenses caused by taking or not taking such action. Following the qualification of this Indenture
under the TIA, this Section 612 shall be in lieu of TIA § 316(a)(1)(A), and such TIA § 316(a)(1)(A)
is hereby expressly excluded from this Indenture and the Notes, as permitted by the TIA.

 

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Section 613.   Waiver
of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Notes (which contain
such Default) may on behalf of the Holders of all the Notes waive any past Default hereunder and its consequences, except a Default

 

(1)         in
the payment of principal of or interest on any Note (which may only be waived with the consent of each Holder of Notes affected),
or

 

(2)         in
respect of a covenant or provision hereof that pursuant to the second paragraph of Section 902 cannot be modified or
amended without the consent of the Holder of each Outstanding Note affected.

 

Upon any such waiver, such Default shall cease
to exist, and any Event of Default arising therefrom shall be deemed to have been cured, 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. In case
of any such waiver, the Company, any other obligor upon the Notes, the Trustee and the Holders shall be restored to their former
positions and rights hereunder and under the Notes, respectively. Following the qualification of this Indenture under the TIA,
this paragraph of this Section 613 shall be in lieu of TIA § 316(a)(1)(B) and such TIA § 316(a)(1)(B)
is hereby expressly excluded from this Indenture and the Notes, as permitted by the TIA.

 

Section 614.   Undertaking
for Costs. All parties to this Indenture agree, and each Holder of any Note by such Holder’s 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 the Notes, 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. This Section 614 shall not apply
to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more
than 10.0% in principal amount of the Outstanding Notes (which contain the applicable Event of Default), or to any suit instituted
by any Holder for the enforcement of the payment of principal of (or premium, if any) or interest on any Note on or after the respective
Stated Maturity or Interest Payment Dates expressed in such Note.

 

Section 615.   Waiver
of Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it shall not at any time
insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any
usury or other similar law wherever enacted, now or at any time hereafter in force, that would prohibit or forgive the Company
from paying all or any portion of the principal of (or premium, if any) or interest on the Notes contemplated herein or in the
Notes or that may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully
do so) hereby expressly waives all benefit or advantage of any such law, and shall not hinder, delay or impede the execution of
any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had
been enacted.

 

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ARTICLE VII

THE TRUSTEE

 

Section 701.   Certain
Duties and Responsibilities. (a) Except during the continuance of an Event of Default,

 

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

 

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

 

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

 

(c)          No
provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent
failure to act, or its own willful misconduct, except that (i) this paragraph does not limit the effect of Section 701(a);
(ii) the Trustee shall not be liable for any error of judgment made in good faith by a Trust Officer, unless it is
proved that the Trustee was negligent in ascertaining the pertinent facts; and (iii) the Trustee shall not be liable
with respect to any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 612.

 

(d)          No
provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur financial liability in
the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if repayment of such funds or
adequate indemnity against such risk or liability is not reasonably assured to it.

 

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(e)          Whether
or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or
affording protection to the Trustee shall be subject to the provisions of this Section 701 and Section 703.

 

Section 702.   Notice
of Defaults. If a Default occurs and is continuing and is known to the Trustee, the Trustee must mail within 90 days after
it occurs, to all Holders as their names and addresses appear in the Note Register, notice of such Default hereunder known to the
Trustee unless such Default shall have been cured or waived; provided, however, that, except in the case of a Default
in the payment of principal of, or premium, if any, or interest on any Note, 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 Responsible Officers of the Trustee
in good faith determines that the withholding of such notice is in the interests of the Holders.

 

Section 703.   Certain
Rights of Trustee. Subject to the provisions of Section 701:

 

(1)         the
Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument,
opinion, report, notice, request, direction, consent, order, bond, note, other evidence of indebtedness or other paper or document
believed by it to be genuine and to have been signed or presented by the proper party or parties;

 

(2)         any
request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order thereof,
and any resolution of any Person’s board of directors shall be sufficiently evidenced if certified by an Officer of such
Person as having been duly adopted and being in full force and effect on the date of such certificate;

 

(3)         whenever
in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking,
suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence
of bad faith on its part, rely upon an Officer’s Certificate of the Company;

 

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

 

(5)         the
Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction
of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity satisfactory
to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction;

 

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(6)         the
Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, note, other evidence of indebtedness or other paper
or document;

 

(7)         the
Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents
or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed
with due care by it hereunder;

 

(8)         (i) prior
to the qualification of this Indenture under the TIA, to the extent permitted by applicable law and (ii) following
the qualification of this Indenture under the TIA, to the extent permitted by the TIA, the Trustee shall not be liable to any Person
for special, punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including but not limited to
lost profits), even if the Trustee has been advised of the likelihood of such loss or damage; and

 

(9)         the
permissive rights of the Trustee to do things enumerated in this Indenture shall not be construed as a duty unless so specified
herein.

 

Section 704.   Not
Responsible for Recitals or Issuance of Notes. The recitals contained herein and in the Notes, except the Trustee’s certificates
of authentication, shall be taken as the statements of the Company, and neither the Trustee nor any Authenticating Agent assumes
any responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture
or of the Notes, except that the Trustee represents that it is duly authorized to execute and deliver this Indenture, authenticate
the Notes and perform its obligations hereunder and that the statements made by it in a Statement of Eligibility and Qualification
on Form T-1 supplied to the Company and any other obligor upon the Notes in connection with the registration of any Notes or Subsidiary
Guarantees issued hereunder are and will be true and accurate subject to the qualifications set forth therein. Neither the Trustee
nor any Authenticating Agent shall be accountable for the use or application by the Company of the Notes or the proceeds thereof.

 

Section 705.   May
Hold Notes. The Trustee, any Authenticating Agent, any Paying Agent, any Note Registrar or any other agent of the Company,
in its individual or any other capacity, may become the owner or pledgee of Notes and, subject to Section 708 and Section
713, may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee, Authenticating
Agent, Paying Agent, Note Registrar or such other agent.

 

Section 706.   Money
Held in Trust. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required
by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in
writing with the Company.

 

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Section 707.   Compensation
and Reimbursement. The Company agrees,

 

(1)         to
pay to the Trustee from time to time the reasonable compensation agreed to by the Company in writing for all services rendered
by the Trustee hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee
of an express trust);

 

(2)         except
as otherwise expressly provided herein, to reimburse the Trustee upon its request for all reasonable out-of-pocket expenses incurred
by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements
of its agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence or willful
misconduct; and

 

(3)         to
indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without negligence or willful
misconduct on the Trustee’s part, arising out of or in connection with the administration of the trust or trusts hereunder,
including the costs and expenses of defending itself against any claim or liability in connection with the exercise or performance
of any of its powers or duties hereunder.

 

The Company need not pay for any settlement made without its
consent (which consent shall not be unreasonably withheld). The provisions of this Section 707 shall survive the termination
of this Indenture or the resignation and removal of the Trustee.

 

The Trustee shall have a claim prior to the
Notes for payment of all amounts due the Trustee under this Section 707 on all money or property held or collected
by the Trustee, other than money or property held in trust to pay the principal of and interest on any Notes.

 

Section 708.   Conflicting
Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate
such interest, apply to the SEC for permission to continue as Trustee with such conflict (if this Indenture is then qualified under
the TIA) or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture.
(i) Prior to the qualification of this Indenture under the TIA, the Trustee shall not be deemed to have a conflicting interest
by virtue of being a trustee under this Indenture with respect to Initial Notes and Additional Notes, or a trustee under any other
indenture between the Company and the Trustee, and (ii) following the qualification of this Indenture under the TIA,
to the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee
under this Indenture with respect to Initial Notes and Additional Notes, or a trustee under any other indenture between the Company
and the Trustee.

 

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Section 709.   Corporate
Trustee Required; Eligibility. There shall at all times be one (and only one) Trustee hereunder. The Trustee shall be a Person
that is eligible pursuant to the TIA to act as such and has a combined capital and surplus of at least $50.0 million. If any
such Person publishes reports of condition at least annually, pursuant to law or to the requirements of its supervising or examining
authority, then for the purposes of this Section 709 and to the extent permitted by the TIA, the combined capital and
surplus of such Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition
so published. If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section 709,
it shall resign immediately in the manner and with the effect hereinafter specified in this Article.

 

Section 710.   Resignation
and Removal; Appointment of Successor. No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant
to this Article shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable
requirements of Section 711.

 

The Trustee may resign at any time by giving
written notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 711
shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the resigning
Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.

 

The Trustee may be removed at any time by
Act of the Holders of a majority in principal amount of the Outstanding Notes delivered to the Trustee and to the Company.

 

If at any time:

 

(1)         the
Trustee shall fail to comply with Section 708 after written request therefor by the Company or by any Holder who has
been a bona fide Holder of a Note for at least six months, or

 

(2)         the
Trustee shall cease to be eligible under Section 709 and shall fail to resign after written request therefor by the
Company or by any such Holder, or

 

(3)         the
Trustee shall become incapable of acting or shall be adjudged bankrupt or insolvent or a receiver 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, (A) the Company may remove
the Trustee, or (B) subject to Section 614, any Holder who has been a bona fide Holder of a Note for at
least six months may, on behalf of itself and all others similarly situated, petition any court of competent jurisdiction for the
removal of the Trustee and the appointment of a successor Trustee.

 

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If the Trustee shall resign, be removed or
become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, the Company shall promptly appoint
a successor Trustee and shall comply with the applicable requirements of Section 711. If, within one year after such
resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee shall be appointed by Act of the Holders
of a majority in principal amount of the Outstanding Notes delivered to the Company and the retiring Trustee, the successor Trustee
so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of Section 711,
become the successor Trustee and to that extent supersede the successor Trustee appointed by the Company. If no successor Trustee
shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by Section 711,
then, subject to Section 614, any Holder who has been a bona fide Holder of a Note for at least six months may, on
behalf of itself and all others similarly situated, petition any court of competent jurisdiction for the appointment of a successor
Trustee.

 

The Company shall give notice of each resignation
and each removal of the Trustee and each appointment of a successor Trustee to all Holders in the manner provided in Section 110.
Each notice shall include the name of the successor Trustee and the address of its Corporate Trust Office.

 

Notwithstanding the replacement of the Trustee
pursuant to this Section 710, the Company’s obligations under Section 707 shall continue for the
benefit of the retiring Trustee.

 

Section 711.   Acceptance
of Appointment by Successor. In case of the appointment hereunder of a successor Trustee, every such successor Trustee so appointed
shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and
thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further
act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the
request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver
an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign,
transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder.

 

Upon request of any such successor Trustee,
the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor Trustee
all such rights, powers and trusts referred to above.

 

No successor Trustee shall accept its appointment
unless at the time of such acceptance such successor Trustee shall be qualified and eligible under this Article VII.

 

Section 712.   Merger,
Conversion, Consolidation or Succession to Business. 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 the corporate trust business of the Trustee, shall be the
successor of the Trustee hereunder; provided such corporation shall be otherwise qualified and eligible under this Article VII,
without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Notes shall
have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation
to such authenticating Trustee may adopt such authentication and deliver the Notes so authenticated with the same effect as if
such successor Trustee had itself authenticated such Notes.

 

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Section 713.   Preferential
Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other
obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the
Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

 

Section 714.   Appointment
of Authenticating Agent. The Trustee may appoint an Authenticating Agent acceptable to the Company to authenticate the Notes.
Any such appointment shall be evidenced by an instrument in writing signed by a Trust Officer, a copy of which instrument shall
be promptly furnished to the Company. Unless limited by the terms of such appointment, an Authenticating Agent may authenticate
Notes whenever the Trustee may do so. Each reference in this Indenture to authentication (or execution of a certificate of authentication)
by the Trustee includes authentication (or execution of a certificate of authentication) by such Authenticating Agent. An Authenticating
Agent has the same rights as any Note Registrar, Paying Agent or agent for service of notices and demands.

 

ARTICLE VIII

HOLDERS’ LISTS AND REPORTS BY

TRUSTEE AND THE COMPANY

 

Section 801.   The
Company to Furnish Trustee Names and Addresses of Holders. The Company will furnish or cause to be furnished to the Trustee

 

(1)         semi-annually,
not more than 10 days after each Regular Record Date, a list, in such form as the Trustee may reasonably require, of the names
and addresses of the Holders as of such Regular Record Date, and

 

(2)         at
such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request,
a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished;

 

provided, however, that if and to the extent and
so long as the Trustee shall be the Note Registrar, no such list need be furnished pursuant to this Section 801.

 

Section 802.   Preservation
of Information; Communications to Holders. The Trustee shall preserve, in as current a form as is reasonably practicable, the
names and addresses of Holders contained in the most recent list, if any, furnished to the Trustee as provided in Section 801
and the names and addresses of Holders received by the Trustee in its capacity as Note Registrar; provided, however,
that if and so long as the Trustee shall be the Note Registrar, the Note Register shall satisfy the requirements relating to such
list. None of the Company, any Subsidiary Guarantor or the Trustee or any other Person shall be under any responsibility with regard
to the accuracy of such list. The Trustee may destroy any list furnished to it as provided in Section 801 upon receipt
of a new list so furnished.

 

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The rights of Holders to communicate with
other Holders with respect to their rights under this Indenture or under the Notes, and the corresponding rights and privileges
of the Trustee, shall be as provided by the TIA.

 

Every Holder of Notes, by receiving and holding
the same, agrees with the Company and the Trustee that neither the Company, nor the Trustee, nor any agent of any of them, shall
be held accountable by reason of any disclosure of information as to names and addresses of Holders made pursuant to the TIA.

 

Section 803.   Reports
by Trustee. Within 60 days after each January 15, beginning with January 15, 2016, the Trustee shall transmit to Holders such
reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the TIA at the times and in
the manner provided pursuant thereto for so long as any Notes remain outstanding. A copy of each such report shall, at the time
of such transmission to Holders, be filed by the Trustee or any applicable listing agent with each stock exchange upon which any
Notes are listed, with the SEC and with the Company. The Company will notify the Trustee when any Notes are listed on any stock
exchange.

 

ARTICLE IX

AMENDMENT, SUPPLEMENT OR WAIVER

 

Section 901.   Without
Consent of Holders. Without the consent of the Holders of any Notes, the Company, the Trustee and (as applicable) any Subsidiary
Guarantor may amend or supplement this Indenture or the Notes for any of the following purposes:

 

(1)         to
cure any ambiguity, mistake, omission, defect or inconsistency,

 

(2)         to
provide for the assumption by a successor of the obligations of the Company, or a Subsidiary Guarantor under this Indenture or
the Notes,

 

(3)         to
provide for uncertificated Notes in addition to or in place of certificated Notes,

 

(4)         to
secure the Notes,

 

(5)         to
evidence a successor Trustee,

 

(6)         to
add Guarantees with respect to the Notes, or to confirm and evidence the release, termination or discharge of any Guarantee or
Lien with respect to or securing the Notes when such release, termination or discharge is provided for under this Indenture or
the Notes,

 

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(7)         to
add to the covenants of the Company for the benefit of the Holders or to surrender any right or power conferred upon the Company,

 

(8)         to
provide for or confirm the issuance of Initial Notes, Additional Notes or Exchange Notes,

 

(9)         to
conform the text of this Indenture (including any supplemental indenture or any other instrument pursuant to which Notes are issued),
the Notes (including any Additional Notes), or any Subsidiary Guarantee to any provision of the “Description of Notes”
section of the Offering Memorandum, or, with respect to any Additional Notes and any supplemental indenture or other instrument
pursuant to which such Additional Notes are issued, to the “Description of Notes” section of the offering memorandum
relating to the issuance of such Additional Notes solely to the extent that such “Description of Notes” section provides
for terms of such Additional Notes that differ from the terms of the Initial Notes, in accordance with Section 301,

 

(10)        to
increase the minimum denomination of the Notes to equal the dollar equivalent of €1,000 rounded up to the nearest $1,000 (including
for purposes of redemption or repurchase of any Note in part),

 

(11)        to
make any change that does not materially adversely affect the rights of any Holder under the Notes or this Indenture, or

 

(12)        to
comply with any requirement of the SEC in connection with the qualification of this Indenture under the TIA or otherwise.

 

Section 902.   With
Consent of Holders. Subject to Section 608, the Company, the Trustee and (as applicable) any Subsidiary Guarantor
may amend or supplement this Indenture or the Notes with the written consent of the Holders of not less than a majority in aggregate
principal amount of the Outstanding Notes (including consents obtained in connection with a tender offer or exchange offer for
Notes) and the Holders of not less than a majority in aggregate principal amount of the Outstanding Notes by written notice to
the Trustee (including consents obtained in connection with a tender offer or exchange offer for Notes) may waive any existing
Default or Event of Default or compliance by the Company, or any Subsidiary Guarantor with any provision of this Indenture, the
Notes or any Subsidiary Guarantee; provided that (x) if any such amendment or waiver will only affect one series
of Notes (or less than all series of Notes) then outstanding under this Indenture, then only the consent of the Holders of a majority
in principal amount of the Notes of such series then outstanding (including, in each case, consents obtained in connection with
a tender offer or exchange offer for Notes) shall be required and (y) if any such amendment or waiver by its terms
will affect a series of Notes in a manner different and materially adverse relative to the manner such amendment or waiver affects
other series of Notes, then the consent of the Holders of a majority in principal amount of the Notes of such series then outstanding
(including, in each case, consents obtained in connection with a tender offer or exchange offer for Notes) shall be required.

 

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Notwithstanding the provisions of this Section 902,
without the consent of each Holder affected, an amendment or waiver, including a waiver pursuant to Section 613, may
not:

 

(i)          reduce
the principal amount of the Notes whose Holders must consent to an amendment or waiver;

 

(ii)         reduce
the rate of or extend the time for payment of interest on any Note;

 

(iii)        reduce
the principal of or extend the Stated Maturity of any Note;

 

(iv)        reduce
the premium payable upon the redemption of any Note or change the date on which any Note may be redeemed as described in Section 6
of the applicable Notes Supplemental Indenture;

 

(v)         make
any Note payable in money other than that stated in such Note;

 

(vi)        impair
the right of any Holder to receive payment of principal of and interest on such Holder’s Notes on or after the due dates
therefor or to institute suit for the enforcement of any such payment on or with respect to such Holder’s Notes; or

 

(vii)       make
any change in the amendment or waiver provisions described in this paragraph.

 

It shall not be necessary for the consent
of the Holders under this Section 902 to approve the particular form of any proposed amendment, supplement or waiver,
but it shall be sufficient if such consent approves the substance thereof.

 

After an amendment, supplement or waiver under
this Section 902 becomes effective, the Company shall mail to the Holders, with a copy to the Trustee, a notice briefly
describing the amendment, supplement or waiver. Any failure of the Company to mail such notice, or any defect therein, shall not,
however, in any way impair or affect the validity of any supplemental indenture or the effectiveness of any such amendment, supplement
or waiver.

 

Section 903.   Execution
of Amendments, Supplements or Waivers. The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this
Article IX if the amendment, supplement or waiver does not adversely affect the rights, duties, liabilities or immunities
of the Trustee. If it does, the Trustee may, but need not, sign it. In signing or refusing to sign such amendment, supplement or
waiver, the Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Officer’s Certificate
and an Opinion of Counsel to the effect that the execution of such amendment, supplement or waiver is authorized or permitted or
complies with this Indenture, that all conditions precedent to such amendment, supplement or waiver required by this Indenture
have been complied with and that such amendment, supplement or waiver is a valid and binding agreement of the Company, enforceable
against the Company in accordance with its terms. For the avoidance of doubt, no Officer’s Certificate shall be required
on the Issue Date for the execution of any Note Supplemental Indenture, supplemental indenture pursuant to Section 501(a)(i)
or Guarantor Supplemental Indenture.

 

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Section 904.   Revocation
and Effect of Consents. Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder is a continuing
consent by the Holder and every subsequent Holder of that Note or any Note that evidences all or any part of the same debt as the
consenting Holder’s Note, even if notation of the consent is not made on any Note. Subject to the following paragraph of
this Section 904, any such Holder or subsequent Holder may revoke the consent as to such Holder’s Note by written
notice to the Trustee or the Company, received by the Trustee or the Company, as the case may be, before the date on which the
Trustee receives an Officer’s Certificate from the Company certifying that the Holders of the requisite principal amount
of Notes have consented (and not theretofore revoked such consent) to the amendment, supplement or waiver. The Company may, but
shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment, supplement
or waiver as set forth in Section 108.

 

After an amendment, supplement or waiver becomes
effective, it shall bind every Holder of Notes, unless it makes a change described in any of clauses (i) through (vii) of
the second paragraph of Section 902. In that case, the amendment, supplement or waiver shall bind each Holder of a
Note who has consented to it and every subsequent Holder of such Note or any Note that evidences all or any part of the same debt
as the consenting Holder’s Note.

 

Section 905.   Conformity
with TIA. Following the qualification of this Indenture under the TIA, every amendment or supplemental indenture executed pursuant
to this Article shall conform to the requirements of the TIA as then in effect.

 

Section 906.   Notation
on or Exchange of Notes. If an amendment, supplement or waiver changes the terms of a Note, the Trustee shall (if required
by the Company and in accordance with the specific direction of the Company) request the Holder of the Note to deliver it to the
Trustee. The Trustee shall (if required by the Company and in accordance with the specific direction of the Company) place an appropriate
notation on the Note about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines,
the Company in exchange for the Note shall issue and the Trustee shall authenticate a new Note that reflects the changed terms.
Failure to make the appropriate notation or issue a new Note shall not affect the validity and effect of such amendment, supplement
or waiver.

 

ARTICLE X

REDEMPTION OF NOTES

 

Section 1001.   Applicability
of Article. Notes of or within any series that are redeemable in whole or in part before their Stated Maturity shall be redeemable
in accordance with their terms and (except as otherwise specified for Notes of any series in the applicable Notes Supplemental
Indenture, as contemplated by Section 301) in accordance with this Article X.

 

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Section 1002.   [Reserved].

 

Section 1003.   Election
to Redeem; Notice to Trustee. In case of any redemption at the election of the Company of less than all of the Notes of any
series, the Company should, at least two Business Days (but not more than 60 days (except that such notice may be delivered more
than 60 days prior to the Redemption Date if such notice is issued in connection with the defeasance of Notes pursuant to Section 1201
or a satisfaction and discharge of this Indenture pursuant to Section 1101, or if the Redemption Date is delayed as provided
in Section 6 of the applicable Notes Supplemental Indenture)), prior to the date on which notice is required to be mailed or caused
to be mailed to Holders pursuant to Section 1005, notify the Trustee of such Redemption Date and of the principal amount
of Notes to be redeemed, but failure to so notify the Trustee shall not invalidate any notice given in accordance with Section
1005 and shall not constitute a Default or Event of Default by the Company.

 

Section 1004.   Selection
by Trustee of Notes to Be Redeemed. Unless otherwise specified for Notes of any series in the applicable Notes Supplemental
Indenture, as contemplated by Section 301, in the case of any partial redemption, selection of the Notes for redemption
will be made by the Trustee not more than 60 days prior to the Redemption Date (except that such notice may be delivered more than
60 days prior to the Redemption Date if such notice is issued in connection with the defeasance of Notes pursuant to Section
1201 or a satisfaction and discharge of this Indenture pursuant to Section 1101, or if the Redemption Date is delayed
as provided in Section 6 of the applicable Notes Supplemental Indenture) on a pro rata basis, by lot or by such other method
as the Trustee in its sole discretion shall deem to be fair and appropriate, in integral multiples of $1,000, although no Note
of $2,000 in original principal amount or less will be redeemed in part.

 

The Trustee shall promptly notify the Company
in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount
thereof to be redeemed. On and after the Redemption Date, interest will cease to accrue on Notes or portions thereof called for
redemption.

 

For all purposes of this Indenture, unless
the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note redeemed
or to be redeemed only in part, to the portion of the principal amount of such Note that has been or is to be redeemed.

 

Section 1005.   Notice
of Redemption. Subject to the final paragraph of Section 110, unless otherwise specified for Notes of any series in
the applicable Notes Supplemental Indenture, as contemplated by Section 301, notice of redemption or purchase as provided
in Section 1001 shall be given electronically or, at the Company’s option, by first-class mail, postage prepaid,
mailed not less than 10 nor more than 60 days prior to the Redemption Date (except that such notice may be delivered more than
60 days prior to the Redemption Date if such notice is issued in connection with the defeasance of Notes pursuant to Section
1201 or a satisfaction and discharge of this Indenture pursuant to Section 1101, or if the Redemption Date is delayed
as provided in Section 6 of the applicable Notes Supplemental Indenture), to each Holder of Notes to be redeemed, at such Holder’s
address appearing in the Note Register.

 

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Any such notice shall state:

 

(1)         the
expected Redemption Date,

 

(2)         the
redemption price (or the formula by which the redemption price will be determined),

 

(3)         if
less than all Outstanding Notes are to be redeemed, the identification (and, in the case of partial redemption, the portion of
the respective principal amounts) of the Notes to be redeemed,

 

(4)         that,
on the Redemption Date, the redemption price will become due and payable upon each such Note, and that, unless the Company defaults
in making such redemption payment or the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture,
interest thereon shall cease to accrue from and after said date, and

 

(5)         the
place where such Notes are to be surrendered for payment of the redemption price.

 

In addition, if such redemption, purchase or notice is subject
to satisfaction (or, waiver by the Company in its sole discretion) of one or more conditions precedent, as permitted by Section 6
of the applicable Notes Supplemental Indenture, such notice shall describe each such condition, and if applicable, shall state
that, in the Company’s discretion, the Redemption Date may be delayed until such time as any or all such conditions shall
be satisfied (or waived by the Company in its sole discretion), or such redemption or purchase may not occur and such notice may
be rescinded in the event that any or all such conditions shall not have been (or, in the Company’s sole determination, may
not be) satisfied (or waived by the Company in its sole discretion) by the Redemption Date, or by the Redemption Date as so delayed.

 

The Company may provide in such notice that
payment of the redemption price and the performance of the Company’s obligations with respect to such redemption may be performed
by another Person.

 

Notice of such redemption or purchase of Notes
to be so redeemed or purchased at the election of the Company shall be given by the Company or, at the Company’s request
(made to the Trustee at least 15 days (or such shorter period as shall be reasonably satisfactory to the Trustee) prior to the
Redemption Date), by the Trustee in the name and at the expense of the Company. Any such request will set forth the information
to be stated in such notice, as provided by this Section 1005.

 

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The notice if mailed in the manner herein
provided shall be conclusively presumed to have been given, whether or not the Holder receives such notice. In any case, failure
to give such notice by mail or any defect in the notice to the Holder of any Note designated for redemption as a whole or in part
shall not affect the validity of the proceedings for the redemption of any other Note.

 

Section 1006.   Deposit
of Redemption Price. On or prior to 12:00 p.m., New York City time, on any Redemption Date, the Company shall deposit with
the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, the Company shall segregate and hold
in trust as provided in Section 403) an amount of money sufficient to pay the redemption price of, and any accrued
and unpaid interest on, all the Notes or portions thereof which are to be redeemed on that date.

 

Section 1007.   Notes
Payable on Redemption Date. Notice of redemption having been given as provided in this Article X, the Notes so
to be redeemed shall, on the Redemption Date, become due and payable at the redemption price herein specified and from and after
such date (unless the Company shall default in the payment of the redemption price or the Paying Agent is prohibited from paying
the redemption price pursuant to the terms of this Indenture) such Notes shall cease to bear interest. Upon surrender of such Notes
for redemption in accordance with such notice, such Notes shall be paid by the Company at the redemption price. Installments of
interest whose Interest Payment Date is on or prior to the Redemption Date shall be payable to the Holders of such Notes registered
as such on the relevant Regular Record Dates according to their terms and the provisions of Section 307.

 

On and after any Redemption Date, if money
sufficient to pay the redemption price of and any accrued and unpaid interest on Notes called for redemption shall have been made
available in accordance with Section 1006, the Notes (or the portions thereof) called for redemption will cease to
accrue interest and the only right of the Holders of such Notes (or portions thereof) will be to receive payment of the redemption
price of and, subject to the last sentence of the preceding paragraph, any accrued and unpaid interest on such Notes (or portions
thereof) to the Redemption Date. If any Note (or portion thereof) called for redemption shall not be so paid upon surrender thereof
for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne
by the Note (or portion thereof).

 

Section 1008.   Notes
Redeemed in Part. Any Note that is to be redeemed only in part shall be surrendered at the Place of Payment (with due endorsement
by, or a written instrument of transfer in form satisfactory to the Company duly executed by, the Holder thereof or its attorney
duly authorized in writing) and the Company shall execute and (upon receipt of an Authentication Order) the Trustee shall authenticate
and deliver to the Holder of such Note without service charge, a new Note or Notes, of any authorized denomination as requested
by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Note so
surrendered (or if the Note is a global note, an adjustment shall be made to the schedule attached thereto).

 

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ARTICLE XI

SATISFACTION AND DISCHARGE

 

Section 1101.   Satisfaction
and Discharge of Indenture. The Outstanding Notes and this Indenture shall be discharged and shall cease to be of further effect
(except as to any surviving rights of registration of transfer or exchange of Notes herein expressly provided for), and the Trustee,
on demand of and at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of the
Outstanding Notes and this Indenture, when

 

(i)          either

 

(a)          all
Notes theretofore authenticated and delivered (other than (i) Notes that have been destroyed, lost or stolen and that
have been replaced or paid as provided in Section 306, and (ii) Notes for whose payment money has theretofore
been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from
such trust, as provided in Section 403) have been cancelled or delivered to the Trustee for cancellation; or

 

(b)          all
such Notes not theretofore cancelled or delivered to the Trustee for cancellation

 

(1)         have
become due and payable,

 

(2)         will
become due and payable at their Stated Maturity within one year, or

 

(3)         have
been called for redemption, or are to be called for redemption within one year under arrangements reasonably satisfactory to the
Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company;

 

(ii)         the
Company has irrevocably deposited or caused to be deposited with the Trustee money, U.S. Government Obligations or a combination
thereof, sufficient (without reinvestment) to pay and discharge the entire Indebtedness on such Notes not previously cancelled
or delivered to the Trustee for cancellation, for principal (and premium, if any) and interest to the date of such deposit (in
the case of Notes that have become due and payable), or to the Stated Maturity or Redemption Date, as the case may be (provided
that if such redemption shall be pursuant to Section 6(c) of the applicable Notes Supplemental Indenture, (x) the
amount of money or U.S. Government Obligations, or a combination thereof, that the Company must irrevocably deposit or cause to
be deposited shall be determined using an assumed Applicable Premium calculated as of the date of such deposit, as calculated by
the Company in good faith, and (y) the Company must irrevocably deposit or cause to be deposited additional money in
trust on the Redemption Date, as required by Section 1006, as necessary to pay the Applicable Premium as determined
on such date);

 

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(iii)        the
Company has paid or caused to be paid all other sums then payable hereunder by the Company; and

 

(iv)        the
Company has delivered to the Trustee an Officer’s Certificate of the Company and an Opinion of Counsel each to the effect
that all conditions precedent provided for in this Section 1101 relating to the satisfaction and discharge of this
Indenture have been complied with; provided that any such counsel may rely on any Officer’s Certificate as to matters
of fact (including as to compliance with the foregoing clauses (i), (ii) and (iii)).

 

Notwithstanding the satisfaction and discharge
of this Indenture, (a) the obligations of the Company to the Trustee under Section 707 and, if money shall
have been deposited with the Trustee pursuant to Section 1101(ii), the obligations of the Trustee under Section 1102
shall survive such satisfaction and discharge, and (b) if such satisfaction and discharge is effected through redemption
in accordance with Section 1101(i)(b)(3), the provisions of Section 1007 shall survive such satisfaction
and discharge, and the other provisions of Article X (and Section 6 of each applicable Notes Supplemental Indenture)
shall survive such satisfaction and discharge until the Redemption Date shall have occurred.

 

Section 1102.   Application
of Trust Money. Subject to the provisions of the last paragraph of Section 403, all money and/or U.S. Government
Obligations (including the proceeds thereof) deposited with the Trustee pursuant to Section 1101 shall be held in trust
and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through
any Paying Agent as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest
on the Notes; but such money need not be segregated from other funds except to the extent required by law.

 

ARTICLE XII

DEFEASANCE OR COVENANT DEFEASANCE

 

Section 1201.   The
Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may, at its option, at any time, elect to have
terminated the obligations of the Company with respect to Outstanding Notes and to have terminated all of the obligations of the
Subsidiary Guarantors with respect to the Subsidiary Guarantees, in each case, as set forth in this Article XII, and
elect to have either Section 1202 or 1203 be applied to all of the Outstanding Notes (the “Defeased
Notes”), upon compliance with the conditions set forth below in Section 1204. Either Section 1202
or Section 1203 may be applied to the Defeased Notes to any Redemption Date or the Stated Maturity of the Notes.

 

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Section 1202.   Defeasance
and Discharge. Upon the Company’s exercise under Section 1201 of the option applicable to this Section 1202,
the Company shall be deemed to have been released and discharged from its obligations with respect to the Defeased Notes on the
date the relevant conditions set forth in Section 1204 are satisfied (hereinafter, “Defeasance”).
For this purpose, such Defeasance means that the Company shall be deemed to have paid and discharged the entire Indebtedness represented
by the Defeased Notes, which shall thereafter be deemed to be “Outstanding” only for the purposes of Section 1205
and the other Sections of this Indenture referred to in clauses (a) and (b) below, and the Company, and each of the Subsidiary
Guarantors shall be deemed to have satisfied all other obligations under such Notes and this Indenture insofar as such Notes are
concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), except for
the following, which shall survive until otherwise terminated or discharged hereunder: (a) the rights of Holders of
Defeased Notes to receive, solely from the trust fund described in Section 1204 and as more fully set forth in such
Section, payments in respect of principal of and premium, if any, and interest on such Notes when such payments are due, (b) the
Company’s obligations with respect to such Defeased Notes under Sections 304, 305, 306, 402,
and 403, (c) the rights, powers, trusts, duties and immunities of the Trustee hereunder, including the Trustee’s
rights (and Company’s obligations) under Section 707, and (d) this Article XII. If the
Company exercises its option under this Section 1202, payment of the Notes may not be accelerated because of an Event
of Default with respect thereto. Subject to compliance with this Article XII, the Company may, at its option and at
any time, exercise its option under this Section 1202 notwithstanding the prior exercise of its option under Section 1203
with respect to the Notes.

 

Section 1203.   Covenant
Defeasance. Upon the Company’s exercise under Section 1201 of the option applicable to this Section 1203,
(a) the Company shall be released from its obligations under any covenant or provision contained in Section 405,
Sections 407 through 415, and the provisions of clauses (iii), (iv) and (v) of Section 501(a)
shall not apply, and (b) the occurrence of any event specified in clause (iv), (v) (with respect to Section 405,
Sections 407 through 415, inclusive), (vi), (vii), (viii) (with respect to Subsidiaries), (ix) (with respect
to Subsidiaries), (x) or (xi) of Section 601 shall be deemed not to be or result in an Event of Default,
in each case with respect to the Defeased Notes on and after the date the conditions set forth below are satisfied (hereinafter,
“Covenant Defeasance”), and the Notes shall thereafter be deemed not to be “Outstanding” for the
purposes of any direction, waiver, consent or declaration or Act of Holders (and the consequences of any thereof) in connection
with such covenants or provisions, but shall continue to be deemed “Outstanding” for all other purposes hereunder.
For this purpose, such Covenant Defeasance means that, with respect to the Outstanding Notes, the Company may omit to comply with
and shall have no liability in respect of any term, condition or limitation set forth in any such covenant or provision, whether
directly or indirectly, by reason of any reference elsewhere herein to any such covenant or provision or by reason of any reference
in any such covenant or provision to any other provision herein or in any other document and such omission to comply shall not
constitute a Default or an Event of Default under Section 601, but, except as specified above, the remainder of this
Indenture and such Outstanding Notes shall be unaffected thereby.

 

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Section 1204.   Conditions
to Defeasance or Covenant Defeasance. The following shall be the conditions to application of either Section 1202
or Section 1203 to the Outstanding Notes:

 

(1)         The
Company shall have irrevocably deposited or caused to be deposited with the Trustee, in trust, money or U.S. Government Obligations,
or a combination thereof, in amounts as will be sufficient (without reinvestment), to pay and discharge the principal of, and premium,
if any, and interest on the Defeased Notes to the Stated Maturity or relevant Redemption Date in accordance with the terms of this
Indenture and the Notes (provided that if such redemption shall be pursuant to Section 6(c) of the applicable Notes
Supplemental Indenture, (x) the amount of money or U.S. Government Obligations or a combination thereof that the Company
must irrevocably deposit or cause to be deposited shall be determined using an assumed Applicable Premium calculated as of the
date of such deposit, as calculated by this Company in good faith and (y) the Company must irrevocably deposit or cause
to be deposited additional money in trust on the Redemption Date, as required by Section 1006, as necessary to pay
the Applicable Premium as determined on such date);

 

(2)         No
Default or Event of Default shall have occurred and be continuing on the date of such deposit;

 

(3)         Such
deposit shall not result in a breach or violation of, or constitute a Default or Event of Default under, this Indenture or any
other material agreement or instrument to which the Company is a party or by which it is bound;

 

(4)         In
the case of an election under Section 1202, the Company shall have delivered to the Trustee an Opinion of Counsel from
Debevoise & Plimpton LLP or other counsel in the United States to the effect that (x) the Company has received
from, or there has been published by, the Internal Revenue Service a ruling or (y) since the Issue Date, there has
been a change in the applicable Federal income tax law, in either case to the effect that, and based thereon such opinion shall
confirm to the effect that, the Holders of the Outstanding Notes will not recognize income, gain or loss for Federal income tax
purposes as a result of such Defeasance and will be subject to Federal income tax on the same amounts, in the same manner and at
the same times as would have been the case if such Defeasance had not occurred; provided that such Opinion of Counsel need
not be delivered if all Notes theretofore authenticated and delivered (other than (i) Notes that have been destroyed,
lost or stolen and that have been replaced or paid as provided in Section 306, and (ii) Notes for whose
payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the
Company or discharged from such trust, as provided in Section 403) not theretofore delivered to the Trustee for cancellation
have become due and payable, will become due and payable at their Stated Maturity within one year, or have been called for redemption
or are to be called for redemption within one year under arrangements reasonably satisfactory to the Trustee in the name, and at
the expense, of the Company;

 

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(5)         In
the case of an election under Section 1203, the Company shall have delivered to the Trustee an Opinion of Counsel from
Debevoise & Plimpton LLP or other counsel in the United States to the effect that the Holders of the Outstanding Notes will
not recognize income, gain or loss for Federal income tax purposes as a result of such Covenant Defeasance and will be subject
to Federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant
Defeasance had not occurred; and

 

(6)         The
Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel from Debevoise & Plimpton
LLP or other counsel in the United States, each to the effect that all conditions precedent provided for in this Section 1204
relating to either the Defeasance under Section 1202 or the Covenant Defeasance under Section 1203, as
the case may be, have been complied with. In rendering such Opinion of Counsel, counsel may rely on an Officer’s Certificate
as to compliance with the foregoing clauses (1), (2) and (3) of this Section 1204 or as to any matters
of fact.

 

Section 1205.   Deposited
Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions. Subject to the provisions of the
last paragraph of Section 403, all money and U.S. Government Obligations (including the proceeds thereof) deposited
with the Trustee (or such other Person that would qualify to act as successor trustee under Article VII, collectively
and solely for purposes of this Section 1205, the “Trustee”) pursuant to Section 1204
in respect of the Defeased Notes shall be held in trust and applied by the Trustee, in accordance with the provisions of such Notes
and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Holders of
such Notes of all sums due and to become due thereon in respect of principal, premium, if any, and interest, but such money need
not be segregated from other funds except to the extent required by law.

 

The Company shall pay and indemnify the Trustee
and its agents and hold them harmless against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations
deposited pursuant to Section 1204, or the principal, premium, if any, and interest received in respect thereof, other
than any such tax, fee or other charge that by law is for the account of the Holders of the Defeased Notes.

 

Anything in this Article XII to
the contrary notwithstanding, the Trustee shall deliver to the Company from time to time, upon Company Request, any money or U.S.
Government Obligations held by it as provided in Section 1204 that, in the opinion of a nationally recognized accounting
or investment banking firm expressed in a written certification thereof to the Trustee, are in excess of the amount thereof that
would then be required to be deposited to effect an equivalent Defeasance or Covenant Defeasance. Subject to Article VII,
the Trustee shall not incur any liability to any Person by relying on such opinion.

 

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Section 1206.   Reinstatement.
If the Trustee or Paying Agent is unable to apply any money or U.S. Government Obligations in accordance with Section 1202
or 1203, as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining
or otherwise prohibiting such application, then the obligations of the Company and the Subsidiary Guarantors under this Indenture,
the Notes and the Subsidiary Guarantees shall be revived and reinstated as though no deposit had occurred pursuant to Section 1202
or 1203, as the case may be, until such time as the Trustee or Paying Agent is permitted to apply all such money and U.S.
Government Obligations in accordance with Section 1202 or 1203, as the case may be; provided, however,
that if the Company or any Subsidiary Guarantor makes any payment of principal, premium, if any, or interest on any Note following
the reinstatement of its obligations, the Company or Subsidiary Guarantor, as the case may be, shall be subrogated to the rights
of the Holders of such Notes to receive such payment from the money and U.S. Government Obligations held by the Trustee or Paying
Agent.

 

Section 1207.   Repayment
to the Company. The Trustee shall pay to the Company upon Company Request any money held by it for the payment of principal
or interest that remains unclaimed for two years after the Stated Maturity or the Redemption Date, as the case may be. After payment
to the Company, Holders entitled to money must look to the Company for payment as general creditors unless an applicable abandoned
property law designates another Person and all liability of the Trustee or Paying Agent with respect to such money shall thereupon
cease.

 

ARTICLE XIII

SUBSIDIARY GUARANTEES

 

Section 1301.   Guarantees
Generally.

 

(a)          Guarantee
of Each Subsidiary Guarantor. Each Subsidiary Guarantor, as primary obligor and not merely as surety, hereby jointly and severally,
irrevocably and fully and unconditionally Guarantees, on an unsecured senior basis, the punctual payment when due, whether at Stated
Maturity, by acceleration or otherwise, of all monetary obligations of the Company under this Indenture and the Notes, whether
for principal of or interest on the Notes, expenses, indemnification or otherwise (all such obligations guaranteed by such Subsidiary
Guarantors being herein called the “Subsidiary Guaranteed Obligations”).

 

The obligations of each Subsidiary Guarantor
will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Subsidiary
Guarantor (including but not limited to any Guarantee by it of any Credit Facility Indebtedness) and after giving effect to any
collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other
Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under this Indenture, result in
the obligations of such Subsidiary Guarantor under the Subsidiary Guarantee not constituting a fraudulent conveyance or fraudulent
transfer under applicable law, or being void or unenforceable under any law relating to insolvency of debtors.

 

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(b)          Further
Agreements of Each Subsidiary Guarantor. (i) Each Subsidiary Guarantor hereby agrees that (to the fullest extent permitted
by law) its obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of this Indenture,
the Notes or the obligations of the Company or any other Subsidiary Guarantor to the Holders or the Trustee hereunder or thereunder,
the absence of any action to enforce the same, any waiver or consent by any Holder with respect to any provisions hereof or thereof,
any release of any other Subsidiary Guarantor, the recovery of any judgment against the Company, any action to enforce the same,
whether or not a notation concerning its Subsidiary Guarantee is made on any particular Note, or any other circumstance that might
otherwise constitute a legal or equitable discharge or defense of a Subsidiary Guarantor.

 

(ii)         Each
Subsidiary Guarantor hereby waives (to the fullest extent permitted by law) the benefit of diligence, presentment, demand of payment,
filing of claims with a court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first
against the Company, protest, notice and all demands whatsoever and covenants that (except as otherwise provided in Section 1303)
its Subsidiary Guarantee will not be discharged except by complete performance of the obligations contained in the Notes, this
Indenture and this Subsidiary Guarantee. Such Subsidiary Guarantee is a guarantee of payment and not of collection. Each Subsidiary
Guarantor further agrees (to the fullest extent permitted by law) that, as between it, on the one hand, and the Holders of Notes
and the Trustee, on the other hand, subject to this Article XIII, (1) the maturity of the obligations
guaranteed by its Subsidiary Guarantee may be accelerated as and to the extent provided in Article VI for the purposes
of such Subsidiary Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect
of the obligations guaranteed by such Subsidiary Guarantee, and (2) in the event of any acceleration of such obligations
as provided in Article VI, such obligations (whether or not due and payable) shall forthwith become due and payable
by such Subsidiary Guarantor in accordance with the terms of this Section 1301 for the purpose of such Subsidiary Guarantee.
Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any
other steps under any security for the Subsidiary Guaranteed Obligations or against the Company or any other Person or any property
of the Company or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors
of their obligations under their respective Subsidiary Guarantees or under this Indenture.

 

(iii)        Until
terminated in accordance with Section 1303, each Subsidiary Guarantee shall remain in full force and effect and continue
to be effective should any petition be filed by or against the Company for liquidation or reorganization, should the Company become
insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant
part of the Company’s assets, and shall, to the fullest extent permitted by law, continue to be effective or be reinstated,
as the case may be, if at any time payment and performance of the Notes are, pursuant to applicable law, rescinded or reduced in
amount, or must otherwise be restored or returned by any obligee on such Notes, whether as a “voidable preference,”
“fraudulent transfer” or otherwise, all as though such payment or performance had not been made. In the event that
any payment, or any part thereof, is rescinded, reduced, restored or returned, the Notes shall, to the fullest extent permitted
by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.

 

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(c)          Each
Subsidiary Guarantor that makes a payment or distribution under its Subsidiary Guarantee shall have the right to seek contribution
from the Company or any non-paying Subsidiary Guarantor that has also Guaranteed the relevant Subsidiary Guaranteed Obligations
in respect of which such payment or distribution is made, so long as the exercise of such right does not impair the rights of the
Holders under the Subsidiary Guarantees.

 

(d)          Each
Subsidiary Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated
by this Indenture and that its Subsidiary Guarantee, and the waiver set forth in Section 1305, are knowingly made in
contemplation of such benefits.

 

(e)          Each
Subsidiary Guarantor, pursuant to its Subsidiary Guarantee, also hereby agrees to pay any and all reasonable out-of-pocket expenses
(including reasonable counsel fees and expenses) incurred by the Trustee or the Holders in enforcing any rights under its Subsidiary
Guarantee.

 

Section 1302.   Continuing
Guarantees. (a) Each Subsidiary Guarantee shall be a continuing Guarantee and shall (i) subject to Section 1303,
remain in full force and effect until payment in full of the principal amount of all Outstanding Notes (whether by payment at maturity,
purchase, redemption, defeasance, retirement or other acquisition) and all other Subsidiary Guaranteed Obligations then due and
owing, (ii) be binding upon such Subsidiary Guarantor and (iii) inure to the benefit of and be enforceable
by the Trustee, the Holders and their permitted successors, transferees and assigns.

 

(b)          The
obligations of each Subsidiary Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if
at any time any payment which would otherwise have reduced or terminated the obligations of any Subsidiary Guarantor hereunder
and under its Subsidiary Guarantee (whether such payment shall have been made by or on behalf of the Company, or by or on behalf
of a Subsidiary Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization
of the Company, or any Subsidiary Guarantor or otherwise, all as though such payment had not been made.

 

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Section 1303.   Release
of Subsidiary Guarantees. Notwithstanding the provisions of Section 1302, Subsidiary Guarantees will be subject
to termination and discharge under the circumstances described in this Section 1303. Any Subsidiary Guarantor will
automatically and unconditionally be released from all obligations under its Subsidiary Guarantee, and such Subsidiary Guarantee
shall thereupon terminate and be discharged and of no further force or effect, (i) concurrently with any direct or
indirect sale or disposition (by merger or otherwise) of any Subsidiary Guarantor or any interest therein, or any other transaction,
in accordance with the terms of this Indenture (including Section 411 and Section 501), following which such
Subsidiary Guarantor is no longer a Restricted Subsidiary of the Company, (ii) at any time that such Subsidiary Guarantor
is (or, substantially concurrently with the release of the Subsidiary Guarantee of such Subsidiary Guarantor or if as a result
of the release of the Subsidiary Guarantee of such Subsidiary Guarantor, will be) released from all of its obligations under its
Guarantee of payment by the Company and all other Subsidiary Guarantors of any Indebtedness of the Company and such other Subsidiary
Guarantors under the Senior Credit Facilities (including by reason of ceasing to be a borrower under the Senior ABL Facility) or
any Capital Market Indebtedness that (in the case of such Capital Market Indebtedness) when initially granted resulted in such
Subsidiary’s obligation to Guarantee the Notes pursuant to Section 414 (it being understood that a release subject
to contingent reinstatement is still a release, and that if any such Guarantee is so reinstated, such Subsidiary Guarantee shall
also be reinstated to the extent that such Subsidiary Guarantor would then be required to provide a Subsidiary Guarantee pursuant
to Section 414), (iii) upon the merger or consolidation of any Subsidiary Guarantor with and into the Company
or another Subsidiary Guarantor that is the surviving Person in such merger or consolidation, or upon the liquidation of such Subsidiary
Guarantor following the transfer of all of its assets to the Company or another Subsidiary Guarantor, (iv) concurrently
with any Subsidiary Guarantor becoming an Unrestricted Subsidiary or ceasing to constitute a Domestic Subsidiary of the Company,
(v) during the Suspension Period, upon the merger or consolidation of any Subsidiary Guarantor with and into another
Subsidiary that is not a Subsidiary Guarantor with such other Subsidiary being the surviving Person in such merger or consolidation,
or upon liquidation of such Subsidiary Guarantor following the transfer of all of its assets to a Subsidiary that is not a Subsidiary
Guarantor (it being understood that on a Reversion Date, such Subsidiary Guarantee shall also be reinstated to the extent that
such Subsidiary would then be required to provide a Subsidiary Guarantee pursuant to Section 414), (vi) upon
Defeasance or Covenant Defeasance of the Company’s obligations, or satisfaction and discharge of this Indenture pursuant
to Section 1101, or (vii) subject to Section 1302(b), upon payment in full of the aggregate
principal amount of all Notes then Outstanding and all other Subsidiary Guaranteed Obligations then due and owing. In addition,
the Company will have the right, upon 10 days’ notice to the Trustee (or such shorter period as agreed to by the Trustee
in its sole discretion), to cause any Subsidiary Guarantor that has not guaranteed payment by the Company or another Subsidiary
Guarantor of any Indebtedness of the Company or such other Subsidiary Guarantor under the Senior Credit Facilities or any Capital
Market Indebtedness to be unconditionally released from all obligations under its Subsidiary Guarantee, and such Subsidiary Guarantee
shall thereupon terminate and be discharged and of no further force or effect.

 

Upon any such occurrence specified in this Section 1303,
the Trustee shall, at the Company’s expense, execute any documents reasonably requested by the Company in order to evidence
such release, discharge and termination in respect of the applicable Subsidiary Guarantee.

 

Section 1304.   [Reserved].

 

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Section 1305.   Waiver
of Subrogation. Each Subsidiary Guarantor hereby irrevocably waives any claim or other rights that it may now or hereafter
acquire against the Company that arise from the existence, payment, performance or enforcement of the Company’s obligations
under the Notes and this Indenture or such Subsidiary Guarantor’s obligations under its Subsidiary Guarantee and this Indenture,
including any right of subrogation, reimbursement, exoneration, indemnification, and any right to participate in any claim or remedy
of any Holder of Notes against the Company, whether or not such claim, remedy or right arises in equity, or under contract, statute
or common law, until this Indenture is discharged and all of the Notes are discharged and paid in full. If any amount shall be
paid to any Subsidiary Guarantor in violation of the preceding sentence and the Notes shall not have been paid in full, such amount
shall be deemed to have been paid to such Subsidiary Guarantor for the benefit of, and held in trust for the benefit of, the Holders
of the Notes, and shall forthwith be paid to the Trustee for the benefit of such Holders to be credited and applied upon the Notes,
whether matured or unmatured, in accordance with the terms of this Indenture.

 

Section 1306.   Notation
Not Required. Neither the Company nor any Subsidiary Guarantor shall be required to make a notation on the Notes to reflect
any Subsidiary Guarantee or any release, termination or discharge thereof.

 

Section 1307.   Successors
and Assigns of Subsidiary Guarantors. All covenants and agreements in this Indenture by each Subsidiary Guarantor shall bind
its respective successors and assigns, whether so expressed or not.

 

Section 1308.   Execution
and Delivery of Subsidiary Guarantees. The Company shall cause each Restricted Subsidiary that is required to become a Subsidiary
Guarantor pursuant to Section 414, and each Subsidiary of the Company that the Company causes to become a Subsidiary
Guarantor pursuant to Section 414, to promptly execute and deliver to the Trustee a Guarantor Supplemental Indenture,
or a supplemental indenture otherwise in form reasonably satisfactory to the Trustee evidencing its Subsidiary Guarantee on substantially
the terms set forth in this Article XIII. Concurrently therewith, the Company shall deliver to the Trustee an Opinion
of Counsel to the effect that such Guarantor Supplemental Indenture has been duly authorized or permitted or complies with this
Indenture, that all conditions precedent to such Guarantor Supplemental Indenture required by the Indenture have been complied
with and that such Guarantor Supplemental Indenture is a valid and binding agreement of the applicable Guarantor, enforceable against
such Subsidiary Guarantor in accordance with its terms.

 

Section 1309.   Notices.
Notice to any Subsidiary Guarantor shall be sufficient if addressed to such Subsidiary Guarantor care of the Company at the address,
place and manner provided in Section 109.

 

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

 

	 	nci building systems, Inc.
	 	 	 
	 	By: 	/s/ Mark E. Johnson
	 	 	Name: Mark E. Johnson
	 	 	Title: Executive Vice President, Chief
	 	 	Financial Officer and Treasurer

 

[Signature Page to NCI Building Systems
Indenture]

 

    	 

    	 

    

 

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

 

	 	GUARANTORS:
	 	 
	 	NCI GROUP, INC.
	 	 	 
	 	By: 	/s/ Mark E. Johnson
	 	 	Name: Mark E. Johnson
	 	 	Title: Executive Vice President, Chief
	 	 	Financial Officer and Treasurer    
	 	 	 
	 	ROBERTSON-CECO II CORPORATION
	 	 	 
	 	By: 	/s/ Mark E. Johnson
	 	 	Name: Mark E. Johnson
	 	 	Title: Executive Vice President, Chief
	 	 	Financial Officer and Treasurer
	 	 	 
	 	Steelbuilding.com, inc.
	 	 	 
	 	By: 	/s/ Mark E. Johnson
	 	 	Name: Mark E. Johnson
	 	 	Title: Executive Vice President, Chief
	 	 	Financial Officer and Treasurer

 

[Signature Page to NCI Buildings Systems
Indenture]

 

    	 

    	 

    

 

	 	WILMINGTON TRUST, NATIONAL

ASSOCIATION, as Trustee
	 	 	 
	 	By: 	/s/ Joseph P. O’Donnell
	 	 	Name: Joseph P. O’Donnell
	 	 	Title: Vice President

 

[Signature Page to NCI Buildings Systems
Indenture]

 

    	 

    	 

    

 

EXHIBIT A

 

Form of Initial Note1

(FACE OF NOTE)

 

NCI BUILDING SYSTEMS, INC.

 

[     ]% Senior Notes due 20[      ]

 

CUSIP No. [          ]2/ [           ]3

No. __________       $ ________

 

NCI Building Systems, Inc., a corporation duly organized and
existing under the laws of the state of Delaware (and its successors and assigns, the “Company”) hereby promises
to pay to ________________, or its registered assigns, the principal sum of $________________ ([                         ]
United States Dollars) [(or such lesser or greater amount as shall be outstanding hereunder from time to time in accordance with
Sections 312 and 313 of the Indenture referred to on the reverse hereof)]4 (the “Principal Amount”)
on [         ], 20[  ]. The Company hereby promises to pay interest semi-annually
in arrears on [     ] and [        ] in each year, commencing
[         ], 20[  ], at the rate of [     ]% per
annum (subject to adjustment as provided below), until the Principal Amount is paid or made available for payment. [Interest on
this Note will accrue from the most recent date to which interest on this Note or any of its Predecessor Notes has been paid or
duly provided for or, if no interest has been paid, from the Issue Date.]5 [Interest on this Note will accrue (or will
be deemed to have accrued) from the most recent date to which interest on this Note or any of its Predecessor Notes has been paid
or duly provided for or, if no such interest has been paid, from __________, ____6.]7 Interest on the Notes
shall be computed on the basis of a 360-day year of twelve 30-day months. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or
one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall
be the [    ] or [      ] (whether or not a Business Day), as the case may be,
next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to
be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more
Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to
be fixed by the Trustee, notice whereof shall be given to Holders of Notes not less than 10 days prior to such Special Record Date,
or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the
Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

 

 

 	1	Insert any applicable legends as provided in Article II of the Indenture.

 

	2	Insert for Rule 144A Note only.

 

	3	Insert for Regulation S Note only.

 

	4	Include only if the Note is issued in global form.

 

	5	Include only for Initial Notes.

 

	6	Insert applicable date.

 

	7	Include only for Additional Notes.

 

    	A-1

    	 

    

 

[           ].8

 

Payment of principal of (and premium, if any)
and interest on this Note will be made at the Corporate Trust Office of the Trustee, or such other office or agency of the Company
maintained for that purpose; provided, however, that at the option of the Company payment of interest may be made
through the Paying Agent by wire transfer or immediately available funds to the account designated to the Company by the Person
entitled thereto or by check mailed to the address of the Person entitled thereto as such address shall appear in the Note Register.

 

Reference is hereby made to the further provisions
of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth
at this place.

 

Unless the certificate of authentication hereon
has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any
benefit under the Indenture or be valid or obligatory for any purpose.

 

 

	8	For an Initial Additional Note, add a registration rights provision if any, as may be agreed by the Company with respect to additional interest on such Initial Additional Note.

 

    	A-2

    	 

    

 

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

 

	 	NCI BUILDING SYSTEMS, INC.
	 	 	 	 
	 	By: 	 	 
	 	 	Name:	 
	 	 	Title:	 

 

    	A-3

    	 

    

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

 

	 	WILMINGTON TRUST, NATIONAL

ASSOCIATION
	 	as Trustee
	 	 	 
	 	By: 	 
	 	 	Authorized Officer

 

Dated:

 

    	A-4

    	 

    

 

(REVERSE OF NOTE)

 

This Note is one of the duly authorized issue
of [ ]% Senior Notes due 20[  ] of the Company (herein called the “Notes”), issued under an Indenture,
dated as of January 16, 2015 (the “Indenture,” which term shall have the meaning assigned to it in such
instrument), among the Company, as issuer, the Subsidiary Guarantors from time to time parties thereto, and Wilmington Trust, National
Association, in its capacity as Trustee (herein called the “Trustee,” which term includes any successor trustee
under the Indenture), and reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights,
duties and immunities thereunder of the Company, any other obligor upon this Note, the Trustee and the Holders of the Notes and
of the terms upon which the Notes are, and are to be, authenticated and delivered. The terms of the Notes include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended, as in effect
from time to time (the “TIA”). The Notes are subject to all such terms, and Holders are referred to the Indenture
and the TIA for a statement of such terms. To the maximum extent permitted by law, in the case of any conflict between the provisions
of this Note and the Indenture, the provisions of the Indenture shall control. Additional Notes may be issued from time to time
in one or more series under the Indenture and (except as provided in Section 902 of the Indenture) will vote as a class with the
Notes and otherwise be treated as Notes for purposes of the Indenture.

 

All terms used in this Note that are defined
in the Indenture shall have the meanings assigned to them in the Indenture.

 

This Note may hereafter be entitled to certain
other senior Subsidiary Guarantees made for the benefit of the Holders. Reference is made to Article XIII of the Indenture
for terms relating to such Subsidiary Guarantees, including the release, termination and discharge thereof. Neither the Company
nor any Subsidiary Guarantor shall be required to make any notation on this Note to reflect any Subsidiary Guarantee or any such
release, termination or discharge.

 

The Notes are redeemable, at the Company’s
option, in whole or in part, as provided in the Indenture and the [[    ] Supplemental Indenture, dated as
of [           ], 20[  ], [between][among] the Company [, the
Subsidiary Guarantors party thereto] and the Trustee].9

 

The Indenture provides (as and to the extent
set forth therein) that, upon the occurrence after the Issue Date of a Change of Control, each Holder will have the right to require
that the Company repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101.0% of the principal
amount thereof plus accrued and unpaid interest, if any, to the date of such repurchase (subject to the right of Holders
of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or
on the purchase date); provided, however, that the Company shall not be obligated to repurchase Notes in the event
it has exercised its right to redeem all the Notes as provided in the Indenture.

 

 

	9	Revise to reflect appropriate parties.

 

    	A-5

    	 

    

 

The Notes will not be entitled to the benefit
of a sinking fund.

 

The Indenture contains provisions for defeasance
at any time of the entire Indebtedness of this Note or certain restrictive covenants and certain Events of Default with respect
to this Note, in each case upon compliance with certain conditions set forth in the Indenture.

 

[If an Event of Default with respect to the
Notes shall occur and be continuing, the principal of and accrued but unpaid interest on the Notes may be declared due and payable
in the manner and with the effect provided in the Indenture.]10

 

The Indenture permits, with certain exceptions
as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of
the Holders of the Notes to be effected under the Indenture at any time by the Company and the Trustee with the consent of the
Holders of at least a majority in principal amount of the Notes at the time Outstanding to be affected. The Indenture also contains
provisions permitting the Holders of specified percentages in principal amount of the Notes at the time Outstanding, on behalf
of the Holders of all Notes, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults
under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding
upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

 

As provided in and subject to the provisions
of the Indenture, the Holder of this Note shall not have the right to institute any proceeding with respect to the Indenture or
for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given
the Trustee written notice of a continuing Event of Default with respect to the Notes, the Holders of not less than 30.0% in principal
amount of the Notes at the time Outstanding (which contain such Event of Default) shall have made written request to the Trustee
to pursue such remedy in respect of such Event of Default as Trustee and offered the Trustee security or indemnity satisfactory
to it against any loss, liability or expense, and the Trustee shall not have received from the Holders of a majority in principal
amount of Notes at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of security or indemnity. The foregoing shall not apply
to any suit instituted by the Holder of this Note for the enforcement of any payment of principal hereof or interest hereon on
or after the respective due dates expressed herein.

 

 

 

	10	Include unless otherwise provided in the Notes Supplemental Indenture establishing the applicable series of Notes.

 

    	A-6

    	 

    

 

As provided in the Indenture and subject to
certain limitations and other provisions therein set forth, (a) the transfer of this Note is registrable in the Note
Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in a Place of Payment,
duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company duly executed by, the
Holder hereof or such Holder’s attorney duly authorized in writing, and thereupon one or more new Notes of like tenor, of
authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees,
(b) the Notes are issuable only in fully registered form without coupons in minimum denominations of $2,000 and any
integral multiple of $1,000 in excess thereof, and (c) the Notes are exchangeable for a like aggregate principal amount
of Notes of like tenor of a different authorized denomination, as requested by the Holder surrendering the same.

 

No service charge shall be made for any such
registration, transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or other
governmental charge payable in connection therewith.

 

Prior to due presentment of this Note for
registration or transfer, the Company, any other obligor in respect of this Note, the Trustee and any agent of any of them may
treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue,
and none of the Company, any other obligor in respect of this Note, the Trustee nor any such agent shall be affected by notice
to the contrary.

 

No director, officer, employee, incorporator
or stockholder, as such, of the Company, any Subsidiary Guarantor or any other obligor in respect of any Note or any Subsidiary
of any thereof shall have any liability for any obligation of the Company, any Subsidiary Guarantor or any other obligor in respect
of any Note under the Indenture, the Notes, or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason
of, any such obligation or its creation. Each Holder, by accepting this Note, hereby waives and releases all such liability. The
waiver and release are part of the consideration for issuance of the Notes.

 

THE INDENTURE AND THIS NOTE SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. THE TRUSTEE, THE COMPANY, ANY OTHER OBLIGOR IN RESPECT OF
THIS NOTE AND (BY ITS ACCEPTANCE OF THIS NOTE) THE HOLDER HEREOF AGREE TO SUBMIT TO THE JURISDICTION OF ANY UNITED STATES FEDERAL
OR STATE COURT LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING
TO THE INDENTURE, THIS NOTE, OR THE SUBSIDIARY GUARANTEES.

 

    	A-7

    	 

    
 

[FORM OF CERTIFICATE OF TRANSFER]

 

FOR VALUE RECEIVED the undersigned holder
hereby sell(s), assign(s) and transfer(s) unto

 

Insert Taxpayer Identification No.

 

(Please print or typewrite name and address including zip code
of assignee)

 

	 	 
	 	 
	 	 

 

the within Note and all rights thereunder, hereby irrevocably
constituting and appointing

 

 

	 	 

 

attorney to transfer such Note on the books of the Company with
full power of substitution in the premises.

 

Check One

 

	 ̈ (a)	this Note is being transferred in compliance with the exemption from registration under the Securities Act of 1933, as amended, provided by Rule 144A thereunder.

 

or

 

	 ̈ (b)	this Note is being transferred other than in accordance with (a) above and documents are being furnished which comply with the conditions of transfer set forth in this Note and the Indenture.

 

If neither of the foregoing boxes is checked, the Trustee or
other Note Registrar shall not be obligated to register this Note in the name of any Person other than the Holder hereof unless
and until the conditions to any such transfer of registration set forth herein and in Section 313 of the Indenture shall have
been satisfied.

 

	Date:	 	 
	 	 	 
	 	 	 

 

    	A-8

    	 

    

 

NOTICE: The signature to this assignment must correspond
with the name as written upon the face of the within-mentioned instrument in every particular, without alteration or any change
whatsoever.

 

	Signature Guarantee:	 	 

 

Signatures must be guaranteed by an “eligible
guarantor institution” meeting the requirements of the Note Registrar, which requirements include membership or participation
in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program”
as may be determined by the Note Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities
Exchange Act of 1934, as amended.

 

    	A-9

    	 

    

 

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

 

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

 

	Dated:	 	 	 
	 	 	 	NOTICE:  To be executed by an executive officer

 

    	A-10

    	 

    

 

OPTION OF HOLDER TO ELECT PURCHASE

 

If you wish to have this Note purchased by
the Company pursuant to Section 411 or Section 415 of the Indenture, check the box: ☐.

 

If you wish to have a portion of this Note
purchased by the Company pursuant to Section 411 or Section 415 of the Indenture, state the amount (in principal amount) below:

 

	 	$	 	 

 

	Date:	 	 

 

	Your Signature:	 	 

 

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

 

	Signature Guarantee:	 	 

 

Signatures must be guaranteed by an “eligible
guarantor institution” meeting the requirements of the Note Registrar, which requirements include membership or participation
in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program”
as may be determined by the Note Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities
Exchange Act of 1934, as amended.

 

    	A-11

    	 

    

 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL
NOTE

 

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

 

	Date of
 Exchange	 	Amount of decreases
    in 

Principal
 Amount of this
 Global Note	 	Amount of increases
    in

 Principal
 Amount of this Global Note	 	Principal amount

    of this Global Note following

such decreases or increases	 	Signature
 of authorized
    officer of 

Trustee
		 		 		 		 	 

 

    	A-12

    	 

    

 

EXHIBIT B

 

Form of Exchange Note11

(FACE OF NOTE)

 

NCI
BUILDING SYSTEMS, Inc.

 

[   ]% Senior Notes due 20[   ]

 

	CUSIP No.	 	 
	No.	 	 	$		 

 

NCI
BUILDING SYSTEMS, Inc., a corporation duly organized and existing under the laws of the State of Delaware (and its successors
and assigns, the “Company”), hereby promises to pay to ________________, or its registered assigns, the principal
sum of $________________ ([                              ]
United States Dollars) [(or such lesser or greater amount as shall be outstanding hereunder from time to time in accordance with
Sections 312 and 313 of the Indenture referred to on the reverse hereof)]12
(the “Principal Amount”) on [             ],
20[   ]. The Company hereby promises to pay interest semi-annually in arrears on [         ]
and [         ] in each year, commencing [    ], 20[  ],
at the rate of [   ]% per annum, except that interest accrued on this Note for periods prior to the date on which the Initial Note
was surrendered in exchange for this Note will accrue at the rate or rates borne by such Initial Note from time to time during
such periods, until the Principal Amount is paid or made available for payment. [Interest on this Note will accrue from the most
recent date to which interest on this Note or any of its Predecessor Notes has been paid or duly provided for or, if no interest
has been paid, from the Issue Date.]13 [Interest on this
Note will accrue (or will be deemed to have accrued) from the most recent date to which interest on this Note or any of its Predecessor
Notes has been paid or duly provided for or, if no such interest has been paid, from _______, ____14.]15
Interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months. The interest so payable, and punctually
paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name
this Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest,
which shall be the [    ] or [      ] (whether or not a Business Day), as the
case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith
cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or
one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes not less than 10 days prior to such Special
Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange
on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said
Indenture.

 

 

		11	Insert any applicable legends as provided in Article II of the Indenture.

 

		12	Include only if the Note is issued in global form.

 

		13	Include only for Exchange Notes issued in exchange for Exchange Notes.

 

		14	Insert applicable date.

 

		15	Include only for Exchange Notes issued in the exchange for Additional Notes.

 

    	B-1

    	 

    

 

Payment of principal of (and premium, if any)
and interest on this Note will be made at the Corporate Trust Office of the Trustee, or such other office or agency of the Company
maintained for that purpose; provided, however, that at the option of the Company payment of interest may be made
through the Paying Agent by wire transfer of immediately available funds to the account designated to the Company by the Person
entitled thereto or by check mailed to the address of the Person entitled thereto as such address shall appear in the Note Register.

 

Reference is hereby made to the further provisions
of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth
at this place.

 

Unless the certificate of authentication hereon
has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any
benefit under the Indenture or be valid or obligatory for any purpose.

 

    	B-2

    	 

    

 

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

 

	 	NCI BUILDING SYSTEMS, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	B-3

    	 

    

 

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

 

	 	WILMINGTON TRUST, NATIONAL ASSOCIATION
	 	as Trustee
	 	 
	 	By:	 
	 	 	Authorized Officer
	 	 	 
	Dated:	 	 

 

    	B-4

    	 

    

 

(REVERSE OF NOTE)

 

This Note is one of the duly authorized issue
of [ ]% Senior Notes due 20[  ] of the Company (herein called the “Notes”), issued under an Indenture,
dated as of January 16, 2015 (the “Indenture,” which term shall have the meaning assigned to it in
such instrument), among the Company, as issuer, the Subsidiary Guarantors from time to time parties thereto, and Wilmington Trust,
National Association, in its capacity as Trustee (herein called the “Trustee,” which term includes any successor
trustee under the Indenture), and reference is hereby made to the Indenture for a statement of the respective rights, limitations
of rights, duties and immunities thereunder of the Company, any other obligor upon this Note, the Trustee and the Holders of the
Notes and of the terms upon which the Notes are, and are to be, authenticated and delivered. The terms of the Notes include those
stated in the Indenture and those made a part of the Indenture by reference to the Trust Indenture Act of 1939, as amended, as
in effect from time to time (the “TIA”). The Notes are subject to all such terms, and Holders are referred to
the Indenture and the TIA for a statement of such terms. To the maximum extent permitted by law, in the case of any conflict between
the provisions of this Note and the Indenture, the provisions of the Indenture shall control. Additional Notes may be issued from
time to time in one or more series under the Indenture and (except as provided in Section 902 of the Indenture) will vote
as a class with the Notes and otherwise be treated as Notes for purposes of the Indenture.

 

All terms used in this Note that are defined
in the Indenture shall have the meanings assigned to them in the Indenture.

 

This Note may hereafter be entitled to certain
other senior Subsidiary Guarantees made for the benefit of the Holders. Reference is made to Article XIII of the Indenture
for terms relating to such Subsidiary Guarantees, including the release, termination and discharge thereof. Neither the Company
nor any Subsidiary Guarantor shall be required to make any notation on this Note to reflect any Subsidiary Guarantee or any such
release, termination or discharge.

 

The Notes are redeemable, at the Company’s
option, in whole or in part, as provided in the Indenture and the [[    ] Supplemental Indenture, dated as
of [        ], 20[  ], [between][among] the Company[, the Subsidiary Guarantors
party thereto] and the Trustee].16

 

The Indenture provides (as and to the extent
set forth therein) that, upon the occurrence of a Change of Control, each Holder will have the right to require that the Company
repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101.0% of the principal amount thereof
plus accrued and unpaid interest, if any, to the date of such repurchase (subject to the right of Holders of record on the
relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the purchase
date); provided, however, that the Company shall not be obligated to repurchase Notes in the event it has exercised
its right to redeem all the Notes as provided in the Indenture.

 

 

		16	Revise to reflect appropriate parties.

 

    	B-5

    	 

    

 

 

The Notes will not be entitled to the benefit
of a sinking fund.

 

The Indenture contains provisions for defeasance
at any time of the entire Indebtedness of this Note or certain restrictive covenants and certain Events of Default with respect
to this Note, in each case upon compliance with certain conditions set forth in the Indenture.

 

[If an Event of Default with respect to the
Notes shall occur and be continuing, the principal of and accrued but unpaid interest on the Notes may be declared due and payable
in the manner and with the effect provided in the Indenture.]17

 

The Indenture permits, with certain exceptions
as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of
the Holders of the Notes to be effected under the Indenture at any time by the Company and the Trustee with the consent of the
Holders of at least a majority in principal amount of the Notes at the time Outstanding to be affected. The Indenture also contains
provisions permitting the Holders of specified percentages in principal amount of the Notes at the time Outstanding, on behalf
of the Holders of all Notes, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults
under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding
upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

 

As provided in and subject to the provisions
of the Indenture, the Holder of this Note shall not have the right to institute any proceeding with respect to the Indenture or
for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given
the Trustee written notice of a continuing Event of Default with respect to the Notes, the Holders of not less than 30.0% in principal
amount of the Notes at the time Outstanding (which contain such Event of Default) shall have made written request to the Trustee
to pursue such remedy in respect of such Event of Default as Trustee and offered the Trustee security or indemnity satisfactory
to it against any loss, liability or expense, and the Trustee shall not have received from the Holders of a majority in principal
amount of Notes at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of security or indemnity. The foregoing shall not apply
to any suit instituted by the Holder of this Note for the enforcement of any payment of principal hereof or interest hereon on
or after the respective due dates expressed herein.

 

 

		17	Include unless otherwise provided in the Notes Supplemental Indenture establishing the applicable series of Notes.

 

    	B-6

    	 

    

 

As provided in the Indenture and subject to
certain limitations and other provisions therein set forth, (a) the transfer of this Note is registrable in the Note
Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in a Place of Payment,
duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company duly executed by, the
Holder hereof or such Holder’s attorney duly authorized in writing, and thereupon one or more new Notes of like tenor, of
authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees,
(b) the Notes are issuable only in fully registered form without coupons in minimum denominations of $2,000 and any
integral multiple of $1,000 in excess thereof, and (c) the Notes are exchangeable for a like aggregate principal amount
of Notes of like tenor of a different authorized denomination, as requested by the Holder surrendering the same.

 

No service charge shall be made for any such
registration, transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or other
governmental charge payable in connection therewith.

 

Prior to due presentment of this Note for
registration or transfer, the Company, any other obligor in respect of this Note, the Trustee and any agent of any of them may
treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue,
and none of the Company, any other obligor in respect of this Note, the Trustee nor any such agent shall be affected by notice
to the contrary.

 

No director, officer, employee, incorporator
or stockholder, as such, of the Company, any Subsidiary Guarantor or any other obligor in respect of any Note or any Subsidiary
of any thereof shall have any liability for any obligation of the Company, any Subsidiary Guarantor or any other obligor in respect
of any Note under the Indenture, the Notes, or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason
of, any such obligation or its creation. Each Holder, by accepting this Note, hereby waives and releases all such liability. The
waiver and release are part of the consideration for issuance of the Notes.

 

THE INDENTURE AND THIS NOTE SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. THE TRUSTEE, THE COMPANY, ANY OTHER OBLIGOR IN RESPECT OF
THIS NOTE AND (BY ITS ACCEPTANCE OF THIS NOTE) THE HOLDER HEREOF AGREE TO SUBMIT TO THE JURISDICTION OF ANY UNITED STATES FEDERAL
OR STATE COURT LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING
TO THE INDENTURE, THIS NOTE, OR THE SUBSIDIARY GUARANTEES.

 

    	B-7

    	 

    

 

[FORM OF CERTIFICATE OF
TRANSFER]

 

FOR VALUE RECEIVED the undersigned holder
hereby sell(s), assign(s) and transfer(s) unto

 

Insert Taxpayer Identification No.

 

(Please print or typewrite name and address including zip code
of assignee)

 

	 	 
	 	 
	 	 

 

the within Note and all rights thereunder, hereby irrevocably
constituting and appointing

 

	 	 

 

attorney to transfer such Note on the books of the Company with
full power of substitution in the premises.

 

NOTICE: The signature to this assignment must correspond
with the name as written upon the face of the within-mentioned instrument in every particular, without alteration or any change
whatsoever.

 

	Signature Guarantee:	 	 

 

Signatures must be guaranteed by an “eligible
guarantor institution” meeting the requirements of the Note Registrar, which requirements include membership or participation
in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program”
as may be determined by the Note Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities
Exchange Act of 1934, as amended.

 

    	B-8

    	 

    

 

OPTION OF HOLDER TO ELECT PURCHASE

 

If you wish to have this Note purchased by
the Company pursuant to Section 411 or Section 415 of the Indenture, check the box: [    ].

 

If you wish to have a portion of this Note
purchased by the Company pursuant to Section 411 or Section 415 of the Indenture, state the amount (in principal amount) below:

 

	 	$	 	 

 

	Date:	 	 

 

	Your Signature:	 	 

 

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

 

	Signature Guarantee:	 	 

 

Signatures must be guaranteed by an “eligible
guarantor institution” meeting the requirements of the Note Registrar, which requirements include membership or participation
in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program”
as may be determined by the Note Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities
Exchange Act of 1934, as amended.

 

    	B-9

    	 

    

 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL
NOTE

 

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

 

	Date of
 Exchange	 	Amount of decreases
    in

 Principal
 Amount of this
 Global Note	 	Amount of increases
    in 

Principal
 Amount of this Global Note	 	Principal amount

    of this Global Note following 

such decreases or increases	 	Signature
 of authorized
    officer of 

Trustee or Notes Custodian
				 	 	 		 	 

 

    	B-10

    	 

    

 

EXHIBIT C

 

Form of Certificate of Beneficial Ownership

 

On or after [__________], 20[   ]

 

WILMINGTON TRUST, NATIONAL ASSOCIATION

[address]

Attention: 18

 

Re:       NCI Building Systems, Inc. (the “Company”)

 

[   ]% Senior Notes due [    ],
20[  ] (the “[    ] Notes”)

 

Ladies and Gentlemen:

 

This letter relates to $________ principal
amount of Notes represented by the offshore [temporary] global note certificate (the “[Temporary] Regulation S Global
Note”). Pursuant to Section 313(3) of the Indenture dated as of January 16, 2015, relating to the Notes (as amended,
supplemented, waived or otherwise modified, the “Indenture”), we hereby certify that (1) we are
the beneficial owner of such principal amount of Notes represented by the [Temporary] Regulation S Global Note and (2) we
are either (i) a Non-U.S. Person to whom the Notes could be transferred in accordance with Rule 903 or 904 of Regulation
S (“Regulation S”) promulgated under the Securities Act of 1933, as amended (the “Act”) or
(ii) a U.S. Person who purchased securities in a transaction that did not require registration under the Act.

 

You, the Company, and counsel for the Company
are entitled to rely upon this letter and are irrevocably authorized to produce this letter or a copy hereof to any interested
party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby. Terms used in
this certificate have the meanings set forth in Regulation S.

 

	 	Very truly yours,
	 	 
	 	[Name of Holder]
	 	 	 
	 	By:	 
	 	 	Authorized Signature

 

 

		18	Insert successor address or Trustee, as applicable.

 

    	C-1

    	 

    

 

EXHIBIT D

 

Form of Regulation S Certificate

 

WILMINGTON TRUST, NATIONAL ASSOCIATION

[address]

Attention: 19

 

Re:       NCI Building Systems, Inc. (the “Company)

 

[   ]% Senior Notes due [    ],
20[   ] (the “Notes”)

 

Ladies and Gentlemen:

 

In connection with our proposed sale of $________
aggregate principal amount of Notes, we confirm that such sale has been effected pursuant to and in accordance with Regulation
S (“Regulation S”) under the Securities Act of 1933, as amended (the “Securities Act”), and
accordingly, we hereby certify as follows:

 

1. The offer of the Notes was
not made to a person in the United States (unless such person or the account held by it for which it is acting is excluded from
the definition of “U.S. person” pursuant to Rule 902(k) of Regulation S under the circumstances described in Rule 902(h)(3)
of Regulation S) or specifically targeted at an identifiable group of U.S. citizens abroad.

 

2. Either (a) at the
time the buy order was originated, the buyer was outside the United States or we and any person acting on our behalf reasonably
believed that the buyer was outside the United States or (b) the transaction was executed in, on or through the facilities
of a designated offshore securities market, and neither we nor any person acting on our behalf knows that the transaction was pre-arranged
with a buyer in the United States.

 

3. No directed selling efforts
have been made in the United States in contravention of the requirements of Rule 903(a)(2) or Rule 904(a)(2) of Regulation S, as
applicable.

 

4. The proposed transfer of Notes
is not part of a plan or scheme to evade the registration requirements of the Securities Act.

 

5. If we are a dealer or a person
receiving a selling concession or other fee or remuneration in respect of the Notes, and the proposed transfer takes place before
end of the distribution compliance period under Regulation S, or we are an officer or director of the Company or a distributor,
we certify that the proposed transfer is being made in accordance with the provisions of Rules 903 and 904 of Regulation S.

 

 

		19	Insert successor address or Trustee, as applicable.

 

    	D-1

    	 

    

 

6. If the proposed transfer takes
place before the end of the distribution compliance period under Regulation S, the beneficial interest in the Notes so transferred
will be held immediately thereafter through Euroclear (as defined in such Indenture) or Clearstream (as defined in such Indenture).

 

7. We have advised the transferee
of the transfer restrictions applicable to the Notes.

 

You, the Company, and counsel for the Company
are entitled to rely upon this Certificate and are irrevocably authorized to produce this Certificate or a copy hereof to any interested
party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby. Terms used in this
certificate have the meanings set forth in Regulation S.

 

	 	Very truly yours,
	 	 
	 	[NAME OF SELLER]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	Address:

 

Date of this Certificate: _________________, 20__

 

    	D-2

    	 

    

 

EXHIBIT E

 

Form of Supplemental Indenture in Respect
of Subsidiary Guarantees

 

SUPPLEMENTAL INDENTURE, dated as of [_________]
(this “Supplemental Indenture”), among [name of Guarantor(s)] (the “Subsidiary Guarantor(s)”),
[name of Company] (the “Company”), and each other then existing Subsidiary Guarantor under the Indenture referred
to below (the “Existing Guarantors”), and [NAME], as Trustee under the Indenture referred to below.

 

WITNESSETH:

 

WHEREAS, the Company, any Existing Guarantors
and the Trustee have heretofore become parties to an Indenture, dated as of January 16, 2015 (as amended, supplemented, waived
or otherwise modified, the “Indenture”), providing for the issuance of Notes in series;

 

WHEREAS, Section 1308 of the Indenture
provides that the Company is required to cause the Subsidiary Guarantors to execute and deliver to the Trustee a supplemental indenture
pursuant to which the Subsidiary Guarantors shall guarantee the Company’s Subsidiary Guaranteed Obligations under the Notes
pursuant to a Subsidiary Guarantee on the terms and conditions set forth herein and in Article XIII of the Indenture;

 

WHEREAS, each Subsidiary Guarantor desires
to enter into such supplemental indenture for good and valuable consideration, including substantial economic benefit in that the
financial performance and condition of such Subsidiary Guarantor is dependent on the financial performance and condition of the
Company, the obligations hereunder of which such Subsidiary Guarantor has guaranteed, and on such Subsidiary Guarantor’s
access to working capital through the Company’s access to revolving credit borrowings under the Senior ABL Facility; and

 

WHEREAS, pursuant to Section 901 of the
Indenture, the parties hereto are authorized to execute and deliver this Supplemental Indenture to amend the Indenture, without
the consent of any Holder;

 

NOW, THEREFORE, in consideration of the foregoing
and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Subsidiary Guarantors, the Company,
the Existing Guarantors and the Trustee mutually covenant and agree for the benefit of the Holders of the Notes as follows:

 

1.            Defined Terms. As used in this
Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto are used herein as therein defined.
The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental
Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

 

    	E-1

    	 

    

 

2.            Agreement to Guarantee. [The]
[Each] Subsidiary Guarantor hereby agrees, jointly and severally with [all] [any] other Subsidiary Guarantors and fully and unconditionally,
to guarantee the Subsidiary Guaranteed Obligations under the Indenture and the Notes on the terms and subject to the conditions
set forth in Article XIII of the Indenture and to be bound by (and shall be entitled to the benefits of) all other applicable provisions
of the Indenture as a Subsidiary Guarantor.

 

3.            Termination, Release and Discharge.
[The] [Each] Subsidiary Guarantor’s Subsidiary Guarantee shall terminate and be of no further force or effect, and [the]
[each] Subsidiary Guarantor shall be released and discharged from all obligations in respect of such Subsidiary Guarantee, as and
when provided in Section 1303 of the Indenture.

 

4.            Parties. Nothing in this Supplemental
Indenture is intended or shall be construed to give any Person, other than the Holders and the Trustee, any legal or equitable
right, remedy or claim under or in respect of [the] [each] Subsidiary Guarantor’s Subsidiary Guarantee or any provision contained
herein or in Article XIII of the Indenture.

 

5.            Governing Law. THIS SUPPLEMENTAL
INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. THE TRUSTEE, THE COMPANY, ANY
OTHER OBLIGOR IN RESPECT OF THE NOTES AND (BY THEIR ACCEPTANCE OF THE NOTES) THE HOLDERS AGREE TO SUBMIT TO THE JURISDICTION OF
ANY UNITED STATES FEDERAL OR STATE COURT LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW YORK IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE.

 

6.            Ratification of Indenture; Supplemental
Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and
all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form
a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be
bound hereby. The Trustee makes no representation or warranty as to the validity or sufficiency of this Supplemental Indenture
or as to the accuracy of the recitals to this Supplemental Indenture.

 

7.            Counterparts. The parties hereto
may sign one or more copies of this Supplemental Indenture in counterparts, all of which together shall constitute one and the
same agreement.

 

8.            Headings. The section headings
herein are for convenience of reference only and shall not be deemed to alter or affect the meaning or interpretation of any provisions
hereof.

 

    	E-2

    	 

    

 

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

 

	 	[NAME OF SUBSIDIARY GUARANTOR(S)],
	 	as Subsidiary Guarantor
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	[NAME OF COMPANY]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	[NAME], as Trustee
	 	 	 
	 	By:	 
	 	 	Authorized Officer

 

    	E-3

    	 

    

 

EXHIBIT F

 

Form of Certificate from Acquiring Institutional
Accredited Investors

 

WILMINGTON TRUST, NATIONAL ASSOCIATION

[address]

Attention: 20

 

Re:       NCI Building Systems, Inc. (the “Company”)

 

[    ]% Senior Notes due [    ],
20[   ] (the “Notes”)

 

Ladies and Gentlemen:

 

In connection with our proposed sale of $________
aggregate principal amount of Notes, we confirm that:

 

1.         We understand that any subsequent transfer
of the Notes is subject to certain restrictions and conditions set forth in the Indenture dated as of January 16, 2015, relating
to the Notes (as amended, supplemented, waived or otherwise modified, the “Indenture”) and the undersigned agrees
to be bound by, and not to resell, pledge or otherwise transfer the Notes except in compliance with, such restrictions and conditions
and the Securities Act of 1933, as amended (the “Securities Act”).

 

2.         We understand that the Notes have not
been registered under the Securities Act or any other applicable securities law, and that the Notes may not be offered, sold or
otherwise transferred except as permitted in the following sentence. We agree, on our own behalf and on behalf of any accounts
for which we are acting as hereinafter stated, that if we should offer, sell, transfer, pledge, hypothecate or otherwise dispose
of any Notes within one year after the original issuance of the Notes, we will do so only (A) to the Company or a Subsidiary,
(B) inside the United States to a “qualified institutional buyer” in compliance with Rule 144A under the
Securities Act, (C) inside the United States to an institutional “accredited investor” (as defined below)
that, prior to such transfer, furnishes to you a signed letter substantially in the form of this letter, (D) outside
the United States to a foreign person in compliance with Rule 904 of Regulation S under the Securities Act, (E) pursuant
to the exemption from registration provided by Rule 144 under the Securities Act (if available), or (F) pursuant to
an effective registration statement under the Securities Act, and we further agree to provide to any person purchasing any of the
Notes from us a notice advising such purchaser that resales of the Notes are restricted as stated herein and in the Indenture.

 

 

		20	Insert successor address or Trustee, as applicable.

 

    	F-1

    	 

    

 

3.         We understand that, on any proposed
transfer of any Notes prior to the later of the original issue date of the Notes and the last date the Notes were held by an affiliate
of the Company pursuant to paragraphs 2(C), 2(D) and 2(E) above, we will be required to furnish to you and the Company such certifications,
legal opinions and other information as you and the Company may reasonably require to confirm that the proposed transfer complies
with the foregoing restrictions. We further understand that the Notes purchased by us will bear a legend to the foregoing effect.

 

4.         We are an institutional “accredited
investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and have such knowledge and experience
in financial and business matters as to be capable of evaluating the merits and risks of our investment in the Notes, and we and
any accounts for which we are acting are acquiring the Notes for investment purposes and not with a view to, or offer or sale in
connection with, any distribution in violation of the Securities Act, and we are each able to bear the economic risk of our or
its investment.

 

5.         We are acquiring the Notes purchased
by us for our own account or for one or more accounts (each of which is an institutional “accredited investor”)
as to each of which we exercise sole investment discretion.

 

You, the Company and counsel to the Company
are entitled to rely upon this letter and are irrevocably authorized to produce this letter or a copy hereof to any interested
party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby.

 

	 	Very truly yours,
	 	 
	 	(Name of Transferee)
	 	 	 
	 	By:	 
	 	 	Authorized Signature

 

    	F-2

    	 

    

 

EXHIBIT G

 

FORM OF SUPPLEMENTAL INDENTURE ESTABLISHING
A SERIES OF NOTES

 

[NAME OF COMPANY]

 

as Issuer

 

and

 

the Subsidiary Guarantors from time to time
party to the Indenture

 

and

 

[NAME]

 

as Trustee

 

 

 

[            ]
SUPPLEMENTAL INDENTURE

 

DATED AS OF [     ],
20[  ]

 

 

 

[    ]% Senior Notes
Due 20[  ]

 

    	G-1

    	 

    

 

EXHIBIT G

 

[          ]21
SUPPLEMENTAL INDENTURE, dated as of [_________], 20[   ] (this “Supplemental Indenture”), among
[name of Company] (the “Company”), as issuer, the Subsidiary Guarantors under the Indenture referred to below
(the “Subsidiary Guarantors”), and [NAME], as Trustee under the Indenture referred to below.

 

WITNESSETH:

 

WHEREAS, the Company, the Subsidiary Guarantors
and the Trustee, are party to an Indenture, dated as of January 16, 2015 (as amended, supplemented, waived or otherwise modified,
the “Indenture”), relating to the issuance from time to time by the Company of Notes in series;

 

WHEREAS, Section 901(8) of the Indenture
provides that the Company may provide for the issuance of Notes of any series as permitted by Section 301 therein;

 

WHEREAS, in connection with the issuance of
the [] Notes (as defined herein), the Company has duly authorized the execution and delivery of this Supplemental Indenture
to establish the forms and terms of the [] Notes as hereinafter described; and

 

WHEREAS, pursuant to Section 901 of the
Indenture, the parties hereto are authorized to execute and deliver this Supplemental Indenture to amend the Indenture, without
the consent of any Holder;

 

NOW, THEREFORE, in consideration of the foregoing
and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Subsidiary Guarantors
and the Trustee mutually covenant and agree for the benefit of the Holders of the Notes as follows:

 

1. Defined Terms. As used in this Supplemental
Indenture, terms defined in the Indenture or in the preamble or recital hereto are used herein as so defined. The words “herein,”
“hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this
Supplemental Indenture as a whole and not to any particular section hereof.

 

2. Title of Notes. There shall be a
series of Notes of the Company designated the “[  ]%22
Senior Notes due 20[ ]”23 (the “[        ]24
Notes”).

 

 

		21	Insert supplement number.

 

		22	Insert interest rate.

 

		23	Insert year during which the maturity date falls.

 

		24	Insert title of notes.

 

    	G-2

    	 

    

 

3. Maturity Date. The final Stated
Maturity of the [            ] Notes shall be [[              ],
20[ ]].25

 

4. Interest and Interest Rates. Interest
on the Outstanding principal amount of [                 ]
Notes will accrue at the rate of [    ]%26
per annum and will be payable semi-annually in arrears on [[    ] and [                    ]]27
in each year, commencing on [[         ], 20[   ]],28
to holders of record on the immediately preceding [[    ] and [                   ]],29
respectively (each such [        ] and [              ],
a “Regular Record Date”). Interest on the [             ]
Notes will accrue from the most recent date to which interest has been paid or provided for or, if no interest has been paid,
from [              ], 20[   ], except that
interest on any Additional [          ] Notes (as defined below) issued on or
after the first Interest Payment Date [(and Exchange Notes issued in exchange therefor)]30
will accrue (or will be deemed to have accrued) from the most recent date to which interest has been paid or duly
provided for or, if no interest has been paid on such Additional [         ] Notes,
from the Interest Payment Date immediately preceding the date of issuance of such Additional [            ]
Notes (or if the date of issuance of such Additional [      ] Notes is an Interest Payment Date,
from such date of issuance); provided that if any [      ] Note [and any Exchange Notes]31
issued in exchange therefor are surrendered for exchange on or after a record date for an Interest Payment Date that
will occur on or after the date of such exchange, interest on such Note received in exchange thereof will accrue from such Interest
Payment Date.

 

 

		25	Insert Maturity Date.

 

		26	Insert interest rate.

 

		27	Insert Interest Payment Dates.

 

		28	Insert First Interest Payment Date.

 

		29	Insert Record Dates.

 

		30	Insert for any series of Additional Notes for which the holders are given registration rights.

 

		31	Insert for any series of Additional Notes for which the holders are given registration rights.

 

		32	Insert whether the applicable series of Notes will be limited or not.

 

		33	Insert principal amount of issuance.

 

		34	Insert for the initial Notes of any applicable series.

 

    	G-3

    	 

    

 

5. [No] Limitation on Aggregate Principal
Amount. The aggregate principal amount of [        ] Notes that may be authenticated
and delivered and Outstanding under the Indenture is [not limited][limited to $[         ]].32
[The aggregate principal amount of the [] Notes shall initially be $[         ]33
million.]34 [The aggregate principal amount of the [        ]
Notes issued pursuant to this Supplemental Indenture shall be $[      ] million.]35
The Company may from time to time, without the consent of the Holders, create and issue Additional Notes having the same terms
and conditions as the [        ] Notes in all respects or in all respects except for issue
date, issue price and, if applicable, the first date on which interest accrues and the first payment of interest thereon. Additional
Notes issued in this manner will be consolidated with, and will form a single series with, the [          ]
Notes (any such Additional Notes, “Additional [             ]
Notes”), unless otherwise specified for Additional Notes in an applicable Notes Supplemental Indenture, or otherwise
designated by the Company, as contemplated by Section 301 of the Indenture.

 

6. Redemption. (a) The [     ]
Notes will be redeemable, at the Company’s option, in whole or in part, at any time and from time to time on and after [[    ],
20[ ]]36 and prior to maturity at the applicable redemption
price set forth below. The [         ] Notes will be so redeemable at the following redemption prices (expressed as a percentage of
principal amount), plus accrued and unpaid interest, if any, to the relevant Redemption Date (subject to the right of Holders of
record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on
the Redemption Date pursuant to Section 307 of the Indenture), if redeemed during the 12-month period commencing on [       ]37
of the years set forth below:

 

	Redemption Period38
	 	Price39
	 
	20[  ]	 	 	[    ]	%
	20[  ]	 	 	[    ]	%
	20[  ]	 	 	[    ]	%
	20[  ] and thereafter	 	 	100.000	%

 

 

		35	Insert for the Additional Notes of any applicable series.

 

		36	Insert date upon which the Notes are callable.

 

		37	Insert date upon which the Notes are callable.

 

		38	Insert years, adding or deleting lines if applicable.

 

		39	Insert prices.

 

		40	Insert date until which equity clawback is applicable.

 

		41	Insert maximum percentage for equity clawback.

 

    	G-4

    	 

    

 

(b)         In
addition, at any time and from time to time [on or] prior to [       ], 20[  ],40
the Company at its option may redeem [    ] Notes in an aggregate principal amount equal to up
to [   ]%41 of the original aggregate
principal amount of the Notes (including the principal amount of any Additional [   ] Notes, or any other Additional
Notes of the same series as the [     ] Notes), with funds in an equal aggregate amount (the “Redemption
Amount”) not exceeding the aggregate proceeds of one or more Equity Offerings, at a redemption price (expressed as a
percentage of principal amount thereof) of [   ]%,42 plus
accrued and unpaid interest, if any, to the Redemption Date (subject to the right of Holders of record on the relevant Regular
Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date pursuant
to Section 307 of the Indenture);43 provided,
however, that an aggregate principal amount of [        ] Notes equal to at least
[   ]% of the original aggregate principal amount of [        ] Notes (including the principal
amount of any Additional [       ] Notes, or any other Additional Notes of the same series
as the [         ] Notes) must remain outstanding immediately after each such redemption.
Any amount payable pursuant to this Section 6(b) may be funded from any source (including amounts in excess of the Redemption
Amount). Any notice of any such redemption may be given prior to the completion of the related Equity Offering, but in no event
may be given more than 180 days after the completion of the related Equity Offering.

 

(c)         At
any time prior to [[            ], 20[ ]],44
[     ] Notes may also be redeemed in whole or in part, at the Company’s option, at
a price (the “Redemption Price”) equal to 100.0% of the principal amount thereof plus the Applicable Premium
(as defined below) as of, and accrued but unpaid interest, if any, to, the Redemption Date (subject to the right of Holders of
record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on
the Redemption Date pursuant to Section 307 of the Indenture).

 

“Applicable Premium” means,
with respect to a [   ] Note at any Redemption Date, the greater of (i) 1.00% of the principal amount
of such [        ] Note and (ii) the excess of (A) the present
value at such Redemption Date, calculated as of the date of the applicable redemption notice, of (1) the redemption
price of such [      ] Note on [[            ],
20[ ]]45 (such redemption price being that described
in Section 6(a)), plus (2) all required remaining scheduled interest payments due on such [       ]
Note through such date (excluding accrued and unpaid interest to the Redemption Date), computed using a discount rate equal to
the Treasury Rate plus 50 basis points, over (B) the principal amount of such [     ] Note
on such Redemption Date. Calculation of the Applicable Premium will be made by the Company or on behalf of the Company by such
Person as the Company shall designate; provided that such calculation shall not be a duty or obligation of the Trustee.

 

 

		42	Insert premium.

 

		43	Insert minimum amount required to remain outstanding.

 

		44	Insert date upon which the Notes are callable.

 

		45	Insert date upon which the Notes are callable.

 

    	G-5

    	 

    

 

“Treasury Rate”
means, with respect to a Redemption Date, the weekly average yield to maturity at the time of computation of United States Treasury
securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15(519)
that has become publicly available at least two Business Days prior to the date of the applicable redemption notice (or, if such
Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period
from such Redemption Date to [[         ], 20[ ]];46
provided, however, that if the period from the Redemption Date to such date is not equal to the constant
maturity of a United States Treasury security for which a weekly average yield is given, the Treasury Rate shall be obtained by
linear interpolation (calculated to the nearest one-twelfth of a year) from the weekly average yields of United States Treasury
securities for which such yields are given, except that if the period from the Redemption Date to such date is less than one year,
the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall
be used.

 

(d)         Notwithstanding clauses (a), (b) and
(c) of this Section 6, in connection with any tender for the [       ] Notes, if Holders
of not less than 90% in the aggregate principal amount of the outstanding [       ] Notes (including
the principal amount of any Additional [       ] Notes, or any other Additional Notes of the
same series as the [       ] Notes) validly tender and do not withdraw such Notes in such tender
offer and the Company, or any other Person making such tender offer, purchases all of the [       ]
Notes (including any Additional [       ] Notes and any Additional Notes of the same series
as the [       ] Notes) validly tendered and not withdrawn by such Holders, the Company will
have the right, upon notice given not more than 30 days following such purchase pursuant to such tender offer, to redeem all of
the [       ] Notes that remain outstanding following such purchase at a price in cash equal
to the price offered to each Holder in such tender offer, plus, to the extent not included in the tender offer payment, accrued
and unpaid interest to but excluding the Redemption Date.

 

(e)         Any redemption of Notes pursuant to
this Section 6 may be made upon notice sent electronically or, at the Company’s option, mailed by first class mail
to each Holder’s registered address in accordance with Section 1005 of the Indenture, and, if applicable, the Company should
notify the Trustee of such redemption date, and the principal amount of Notes to be redeemed in accordance with Section 1003 of
the Indenture. The Company may provide in any redemption notice that payment of the redemption price and the performance of the
Company’s obligations with respect to such redemption may be performed by another Person.

 

(f)         Any redemption of Notes pursuant to
this Section 6 (including in connection with an Equity Offering) or notice thereof may, at the Company’s discretion,
be subject to the satisfaction (or, waiver by the Company in its sole discretion) of one or more conditions precedent, which may
include consummation of any related Equity Offering or the occurrence of a Change of Control. If such redemption or notice is subject
to satisfaction of one or more conditions precedent, such notice may state that, in the Company’s discretion, the Redemption
Date may be delayed until such time as any or all such conditions shall be satisfied (or waived by the Company in its sole discretion),
or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been
(or, in the Company’s sole determination, may not be) satisfied (or waived by the Company in its sole discretion) by the
Redemption Date, or by the Redemption Date so delayed.

 

 

		46	Insert date upon which the Notes are callable.

 

    	G-6

    	 

    

 

7. [          ]47

 

8. Form. The [         ]
Notes shall be issued substantially in the form set forth, or referenced, in Article II of the Indenture, and either Exhibit A
or B attached to the Indenture, in each case as provided for in Section 201 of the Indenture (as such form may be modified
in accordance with Section 301 of the Indenture).

 

9. Governing Law. THIS SUPPLEMENTAL
INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. THE TRUSTEE, THE COMPANY, ANY
OTHER OBLIGOR IN RESPECT OF THE NOTES AND (BY THEIR ACCEPTANCE OF THE NOTES) THE HOLDERS AGREE TO SUBMIT TO THE JURISDICTION OF
ANY UNITED STATES FEDERAL OR STATE COURT LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW YORK IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE.

 

10. Ratification of Indenture; Supplemental
Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and
all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form
a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be
bound hereby. The Trustee makes no representation or warranty as to the validity or sufficiency of this Supplemental Indenture
or as to the accuracy of the recitals to this Supplemental Indenture.

 

11. Counterparts. The parties hereto
may sign one or more copies of this Supplemental Indenture in counterparts, all of which together shall constitute one and the
same agreement.

 

12. Headings. The section headings
herein are for convenience of reference only and shall not be deemed to alter or affect the meaning or interpretation of any provisions
hereof.

 

 

		47	Include appropriate provisions in accordance with Section 301(7), Section 301(8) and/or Section 301(9) of the Indenture.

 

    	G-7

    	 

    

 

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

 

	 	[NAME OF COMPANY]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	[SUBSIDIARY GUARANTORS:
	 	 
	 	[                                                       ]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:]48
	 	 
	 	[NAME], as Trustee
	 	 	 
	 	By:	 
	 	 	Authorized Officer

 

 

		48	Include if applicable.

 

    	G-8

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