Document:

Exhibit
10.2 

  

THIS
NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE UNITED STATES
SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE “1933 ACT”)

 

US
$300,000.00 

 

NIGHTFOOD
HOLDINGS, INC.

8%
CONVERTIBLE REDEEMABLE NOTE

DUE
JULY 5, 2020

  

FOR
VALUE RECEIVED, Nightfood Holdings, Inc. (the “Company”) promises to pay to the order of EAGLE EQUITIES, LLC and its
authorized successors and Permitted Assigns, defined below, (“Holder”), the aggregate principal face amount THREE
HUNDRED THOUSAND DOLLARS exactly (U.S. $300,000.00) on July 5, 2020 (“Maturity Date”) and to pay interest on
the principal amount outstanding hereunder at the rate of 8% per annum commencing on July 5, 2019. The interest will be paid to
the Holder in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note.
The principal of, and interest on, this Note are payable at 390 Whalley Avenue, New Haven, CT 06511, initially, and if changed,
last appearing on the records of the Company as designated in writing by the Holder hereof from time to time. The Company will
pay each interest payment and the outstanding principal due upon this Note before or on the Maturity Date, less any amounts required
by law to be deducted or withheld, to the Holder of this Note by check or wire transfer addressed to such Holder at the last address
appearing on the records of the Company. The forwarding of such check or wire transfer shall constitute a payment of outstanding
principal hereunder and shall satisfy and discharge the liability for principal on this Note to the extent of the sum represented
by such check or wire transfer. Interest shall be payable in Common Stock (as defined below) pursuant to paragraph 4(b) herein.
Permitted Assigns means any Holder assignment, transfer or sale of all or a portion of this Note accompanied by an Opinion of
Counsel as provided for in Section 2(f) of the Securities Purchase Agreement.

 

This
Note is subject to the following additional provisions:

 

1.
This Note is exchangeable for an equal aggregate principal amount of Notes of different authorized denominations, as requested
by the Holder surrendering the same. No service charge will be made for such registration or transfer or exchange, except that
Holder shall pay any tax or other governmental charges payable in connection therewith. To the extent that Holder subsequently
transfers, assigns, sells or exchanges any of the multiple lesser denomination notes, Holder acknowledges that it will provide
the Company with Opinions of Counsel as provided for in Section 2(f) of the Securities Purchase Agreement.

 

     

     

    

 

2.
The Company shall be entitled to withhold from all payments any amounts required to be withheld under applicable laws.

 

3.
This Note may be transferred or exchanged only in compliance with the Securities Act of 1933, as amended (“Act”),
applicable state securities laws and Sections 2(f) and 5(f) of the Securities Purchase Agreement. Any attempted transfer to a
non-qualifying party shall be treated by the Company as void. Prior to due presentment for transfer of this Note, the Company
and any agent of the Company may treat the person in whose name this Note is duly registered on the Company’s records as the owner
hereof for all other purposes, whether or not this Note be overdue, and neither the Company nor any such agent shall be affected
or bound by notice to the contrary. Any Holder of this Note electing to exercise the right of conversion set forth in Section
4(a) hereof, in addition to the requirements set forth in Section 4(a), and any prequalified prospective transferee of this Note,
also is required to give the Company written confirmation that this Note is being converted (“Notice of Conversion”)
in the form annexed hereto as Exhibit A. The date of receipt (including receipt by telecopy) of such Notice of Conversion
shall be the Conversion Date. All notices of conversion will be accompanied by an Opinion of Counsel.

 

4.(a)The
Holder of this Note is entitled, at its option, at any time after 180 days, to convert all or any amount of the principal
face amount of this Note then outstanding into shares of the Company’s common stock (the “Common
Stock”) at a price (“Conversion Price”) for each share of Common Stock equal to 70% of
the lowest Closing bid price of the Common Stock as reported on the National Quotations Bureau OTC Markets
exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future
(“Exchange”), for the Fifteen prior trading days including the day upon which a
Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered together with an Opinion of
Counsel, by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings
Time if the Holder wishes to include the same day closing price). If the shares have not been delivered within 3 business
days, the Notice of Conversion may be rescinded. Such conversion shall be effectuated by the Company delivering the shares of
Common Stock to the Holder within 3 business days of receipt by the Company of the Notice of Conversion. Accrued, but unpaid
interest shall be subject to conversion. No fractional shares or scrip representing fractions of shares will be issued on
conversion, but the number of shares issuable shall be rounded to the nearest whole share. To the extent the Conversion Price
of the Company’s Common Stock closes below the par value per share, the Company will take all steps necessary to
solicit the consent of the stockholders to reduce the par value to the lowest value possible under law. The Company agrees to
honor all conversions submitted pending this increase. In the event the Company experiences a DTC “Chill” on
its shares, the conversion price shall be decreased to 50% instead of 30% while that “Chill” is in effect. If
the Company fails to maintain the share reserve at the 4x discount of the note 60 days after the issuance of the note,
the conversion discount shall be increased by 10%. In no event shall the Holder be allowed to effect a conversion if such
conversion, along with all other shares of Company Common Stock beneficially owned by the Holder and its affiliates
would exceed 4.99% of the outstanding shares of the Common Stock of the Company (which may be increased up to 9.9% upon 60
days’ prior written notice by the Investor).

 

    2

     

    

 

(b)
Interest on any unpaid principal balance of this Note shall be paid at the rate of 8% per annum. Interest shall be paid by the
Company in Common Stock (“Interest Shares”). Holder may, at any time, send in a Notice of Conversion to the Company
for Interest Shares based on the formula provided in Section 4(a) above. The dollar amount converted into Interest Shares shall
be all or a portion of the accrued interest calculated on the unpaid principal balance of this Note to the date of such notice.

 

(c)
During the first six months this Note is in effect, the Company may redeem this Note by paying to the Holder an amount as follows:

 

	Date	 	Amount
	0-30 days	 	115% * (P+I)
	31-60 days	 	120% * (P+I)
	61-90 days	 	125% * (P+I)
	91-120 days	 	130% * (P+I)
	121-180 days	 	135% * (P+I)

 

This
Note may not be redeemed after 180 days. The redemption must be closed and paid for within 3 business days of the Company sending
the redemption demand or the redemption will be invalid and the Company may not redeem this Note. Such redemption must be closed
and funded within 3 days of giving notice of redemption of the right to redeem shall be null and void.

  

(d)
Upon (i) a transfer of all or substantially all of the assets of the Company to any person in a single transaction or series of
related transactions, (ii) a reclassification, capital reorganization (excluding an increase in authorized capital) or other change
or exchange of outstanding shares of the Common Stock, other than a forward or reverse stock split or stock dividend, or (iii)
any consolidation or merger of the Company with or into another person or entity in which the Company is not the surviving entity
(other than a merger which is effected solely to change the jurisdiction of incorporation of the Company and results in a reclassification,
conversion or exchange of outstanding shares of Common Stock solely into shares of Common Stock) (each of items (i), (ii) and
(iii) being referred to as a “Sale Event”), then, in each case, the Company shall, upon request of the Holder, redeem
this Note in cash for 150% of the principal amount, plus accrued but unpaid interest through the date of redemption, or at the
election of the Holder, such Holder may convert the unpaid principal amount of this Note (together with the amount of accrued
but unpaid interest) into shares of Common Stock immediately prior to such Sale Event at the Conversion Price.

 

    3

     

    

 

(e)
In case of any Sale Event (not to include a sale of all or substantially all of the Company’s assets) in connection with
which this Note is not redeemed or converted, the Company shall cause effective provision to be made so that the Holder of this
Note shall have the right thereafter, by converting this Note, to purchase or convert this Note into the kind and number of shares
of stock or other securities or property (including cash) receivable upon such reclassification, capital reorganization or other
change, consolidation or merger by a holder of the number of shares of Common Stock that could have been purchased upon exercise
of the Note and at the same Conversion Price, as defined in this Note, immediately prior to such Sale Event. The foregoing provisions
shall similarly apply to successive Sale Events. If the consideration received by the holders of Common Stock is other than cash,
the value shall be as determined by the Board of Directors of the Company or successor person or entity acting in good faith.

 

5.
No provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the
principal of, and interest on, this Note at the time, place, and rate, and in the form, herein prescribed.

 

6.
The Company hereby expressly waives demand and presentment for payment, notice of non-payment, protest, notice of protest, notice
of dishonor, notice of acceleration or intent to accelerate, and diligence in taking any action to collect amounts called for
hereunder and shall be directly and primarily liable for the payment of all sums owing and to be owing hereto.

 

7.
The Company agrees to pay all costs and expenses, including reasonable attorneys’ fees and expenses, which may be incurred by
the Holder in collecting any amount due under this Note.

 

8.
If one or more of the following described “Events of Default” shall occur:

 

(a)
The Company shall default in the payment of principal or interest on this Note or any other note issued to the Holder by the Company;
or

 

(b)
Any of the representations or warranties made by the Company herein or in any certificate or financial or other written statements
heretofore or hereafter furnished by or on behalf of the Company in connection with the execution and delivery of this Note, or
the Securities Purchase Agreement under which this note was issued shall be false or misleading in any respect; or

 

(c)
The Company shall fail to perform or observe, in any respect, any covenant, term, provision, condition, agreement or obligation
of the Company under this Note or any other note issued to the Holder; or

 

(d)
The Company shall (1) become insolvent (which does not include a “going concern opinion); (2) admit in writing its inability
to pay its debts generally as they mature; (3) make an assignment for the benefit of creditors or commence proceedings for its
dissolution; (4) apply for or consent to the appointment of a trustee, liquidator or receiver for its or for a substantial part
of its property or business; (5) file a petition for bankruptcy relief, consent to the filing of such petition or have filed against
it an involuntary petition for bankruptcy relief, all under federal or state laws as applicable; or

 

(e)
A trustee, liquidator or receiver shall be appointed for the Company or for a substantial part of its property or business without
its consent and shall not be discharged within sixty (60) days after such appointment; or

 

    4

     

    

 

(f)
Any governmental agency or any court of competent jurisdiction at the instance of any governmental agency shall assume custody
or control of the whole or any substantial portion of the properties or assets of the Company; or

 

(g)
One or more money judgments, writs or warrants of attachment, or similar process, in excess of fifty thousand dollars ($50,000)
in the aggregate, shall be entered or filed against the Company or any of its properties or other assets and shall remain unpaid,
unvacated, unbonded or unstayed for a period of fifteen (15) days or in any event later than five (5) days prior to the date of
any proposed sale thereunder; or

 

(h)
Defaulted on or breached any term of any other note of similar debt instrument into which the Company has entered and failed to
cure such default within the appropriate grace period; or

 

(i)
The Company shall have its Common Stock delisted from an exchange (including the OTC Markets exchange) or, if the Common Stock
trades on an exchange, then trading in the Common Stock shall be suspended for more than 10 consecutive days or ceases to file
its 1934 act reports with the SEC;

 

(j)
If a majority of the members of the Board of Directors of the Company on the date hereof are no longer serving as members of the
Board;

 

(k)
The Company shall not deliver to the Holder the Common Stock pursuant to paragraph 4 herein without restrictive legend within
3 business days of its receipt of a Notice of Conversion which includes an Opinion of Counsel expressing an opinion which supports
the removal of a restrictive legend; or

 

(l)
The Company shall not replenish the reserve set forth in Section 12, within 3 business days of the request of the Holder.

 

(m)
The Company shall be delinquent in its periodic report filings with the Securities and Exchange Commission; or

 

(n)
The Company shall cause to lose the “bid” price for its stock in a market (including the OTC marketplace or other
exchange).

 

    5

     

    

 

Then,
or at any time thereafter, unless cured within 5 days, and in each and every such case, unless such Event of Default shall have
been waived in writing by the Holder (which waiver shall not be deemed to be a waiver of any subsequent default) at the option
of the Holder and in the Holder’s sole discretion, the Holder may consider this Note immediately due and payable, without presentment,
demand, protest or (further) notice of any kind (other than notice of acceleration), all of which are hereby expressly waived,
anything herein or in any note or other instruments contained to the contrary notwithstanding, and the Holder may immediately,
and without expiration of any period of grace, enforce any and all of the Holder’s rights and remedies provided herein or any
other rights or remedies afforded by law. Upon an Event of Default, interest shall accrue at a default interest rate of 24% per
annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law. In
the event of a breach of Section 8(k) the parties agree that damages shall be difficult to determine and agree on liquidated damages
in the amount of $250 per day the shares are not issued beginning on the 4th day after the conversion notice was delivered
to the Company. The agreed liquidated damages shall increase to $500 per day beginning on the 10th day. In the event
of a breach of Section 8(n), the parties agree that damages shall be difficult to determine and hereby agree to an increase of
the outstanding principal amounts by 20% as a liquidated damages payment. In case of a breach of Section 8(i), the parties agree
that damages will be difficult to determine and agree that the outstanding principal due under this Note shall increase by 50%
as a liquidated damages payment. If this Note is not paid at maturity, or within 10 days thereof, the outstanding principal due
under this Note shall increase by 10%. Further, if a breach of Section 8(m) occurs or is continuing after the 6 month anniversary
of the Note, then the Holder shall be entitled to use the lowest closing bid price during the delinquency period as a base price
for the conversion. For example, if the lowest closing bid price during the delinquency period is $0.01 per share and the conversion
discount is 50% the Holder may elect to convert future conversions at $0.005 per share.

 

If
the Holder shall commence an action or proceeding to enforce any provisions of this Note, including, without limitation, engaging
an attorney, then if the Holder prevails in such action, the Holder shall be reimbursed by the Company for its attorneys’
fees and other costs and expenses incurred in the investigation, preparation and prosecution of such action or proceeding.

 

Make-Whole
for Failure to Deliver Loss. At the Holder’s election, if the Company fails for any reason to deliver to the Holder the
conversion shares by the by the 3rd business day following the delivery of a Notice of Conversion to the Company and if the Holder
incurs a Failure to Deliver Loss, then at any time the Holder may provide the Company written notice indicating the amounts payable
to the Holder in respect of the Failure to Deliver Loss and the Company must make the Holder whole as follows:

 

Failure
to Deliver Loss = [(Highest VWAP for the 30 trading days on or after the day of exercise) x (Number of conversion shares)]

 

The
Company must pay the Failure to Deliver Loss by cash payment, and any such cash payment must be made by the third business day
from the time of the Holder’s written notice to the Company.

 

9.
In case any provision of this Note is held by a court of competent jurisdiction to be excessive in scope or otherwise invalid
or unenforceable, such provision shall be adjusted rather than voided, if possible, so that it is enforceable to the maximum extent
possible, and the validity and enforceability of the remaining provisions of this Note will not in any way be affected or impaired
thereby.

 

10.
Neither this Note nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument signed
by the Company and the Holder.

 

    6

     

    

 

11.
The Company represents that it is not a “shell” issuer and that if it previously has been a “shell” issuer
that at least 12 months have passed since the Company has reported Form 10 type information indicating it is no longer a “shell
issuer.

 

12.
The Company shall issue irrevocable transfer agent instructions reserving sufficient shares of its Common Stock for conversions
under this Note (the “Share Reserve”). Upon full conversion of this Note, any shares remaining in the Share Reserve
shall be cancelled. The Company shall pay all transfer agent costs associated with issuing and delivering the share certificates
to Holder. If such amounts are to be paid by the Holder, it may deduct such amounts from the Conversion Price. The company should
at all times reserve a minimum of four times the amount of shares required if the note would be fully converted. The Holder may
reasonably request increases from time to time to reserve such amounts. The Company will instruct its transfer agent to provide
the outstanding share information to the Holder in connection with its conversions.

 

13.
If it shall be found that any interest or other amount deemed interest due hereunder violates the applicable law governing usury,
the applicable provision shall automatically be revised to equal the maximum rate of interest or other amount deemed interest
permitted under applicable law. The Company covenants (to the extent that it may lawfully do so) that it will not seek to claim
or take advantage of any law that would prohibit or forgive the Company from paying all or a portion of the principal or interest
on this Note.

 

14.
This Note shall be governed by and construed in accordance with the laws of Nevada applicable to contracts made and wholly to
be performed within the State of Nevada and shall be binding upon the successors and assigns of each party hereto. The Holder
and the Company hereby mutually waive trial by jury and consent to exclusive jurisdiction and venue in the courts of the State
of New York or in the Federal courts sitting in the county or city of New York. This Agreement may be executed in counterparts,
and the facsimile transmission of an executed counterpart to this Agreement shall be effective as an original.

  

    7

     

    

 

IN
WITNESS WHEREOF, the Company has caused this Note to be duly executed by an officer thereunto duly authorized.

  

Dated:
July 5, 2019

 

	 	Nightfood Holdings, Inc.
	 	 	 
	 	By:
    	            
	 	Name:	 
	 	Title:	 

 

    8

     

    

 

EXHIBIT
A

  

NOTICE
OF CONVERSION

 

(To
be Executed by the Registered Holder in order to Convert the Note)

 

The
undersigned hereby irrevocably elects to convert $___________ of the above Note into _________ Shares of Common Stock of Nightfood
Holdings, Inc. (“Shares”) according to the conditions set forth in such Note, as of the date written below.

 

If
Shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer and other taxes
and charges payable with respect thereto.

 

Date
of Conversion: __________________________________________________________________________

Applicable
Conversion Price:  ___________________________________________________________________

Signature:  ___________________________________________________________________

[Print
Name of Holder and Title of Signer]

Address:  ___________________________________________________________________

               ___________________________________________________________________ 

 

SSN
or EIN:  ________________________________

Shares
are to be registered in the following name:  ________________________________________________________

 

Name:  ___________________________________________________________________

Address:
__________________________________________________________________

Tel:  ___________________________________

Fax:  ___________________________________

SSN
or EIN:  _____________________________

 

Shares
are to be sent or delivered to the following account:

 

Account
Name:  ___________________________________________________________________

Address:  _________________________________________________________________________Exhibit 4.3

     

     

     

     

     

     

     

     

     

    
      

      

    

    

    

    
      

      

    

    

    

    

    

    FRONTLINE LTD

    

    

    FORM OF

    

    

    SENIOR INDENTURE

    

    

    Dated as of [           ], 20[ ]

    

    

    

    

    

    

    

    

    [                        ]

    

    

    Trustee

    

    

    

    

    

    

    
      

      

    

    
      

      

    

    

    
      
          

      

      
          

        
          

        

      

      
          

      

    

    

    TABLE OF CONTENTS

     

     

     

    
      
        
          	 	
                   

                
	 	 
	
                  ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE

                	
                  1

                

        

         

        	
                SECTION 1.01.

              	
                Definitions.

              	
                1

              
	
                SECTION 1.02.

              	
                Other Definitions.

              	
                5

              
	
                SECTION 1.03.

              	
                Incorporation by Reference of Trust Indenture Act.

              	
                5

              
	
                SECTION 1.04.

              	
                Rules of Construction.

              	
                6

              

         

        	
                ARTICLE II THE SECURITIES

              	
                6

              

         

        	
                SECTION 2.01.

              	
                Issuable in Series.

              	
                6

              
	
                SECTION 2.02.

              	
                Establishment of Terms of Series of Securities.

              	
                7

              
	
                SECTION 2.03.

              	
                Execution and Authentication.

              	
                9

              
	
                SECTION 2.04.

              	
                Registrar and Paying Agent.

              	
                10

              
	
                SECTION 2.05.

              	
                Paying Agent to Hold Money in Trust.

              	
                10

              
	
                SECTION 2.06.

              	
                Securityholder Lists.

              	
                11

              
	
                SECTION 2.07.

              	
                Transfer and Exchange.

              	
                11

              
	
                SECTION 2.08.

              	
                Mutilated, Destroyed, Lost and Stolen Securities.

              	
                12

              
	
                SECTION 2.09.

              	
                Outstanding Securities.

              	
                12

              
	
                SECTION 2.10.

              	
                Treasury Securities.

              	
                13

              
	
                SECTION 2.11.

              	
                Temporary Securities.

              	
                13

              
	
                SECTION 2.12.

              	
                Cancellation.

              	
                13

              
	
                SECTION 2.13.

              	
                Defaulted Interest.

              	
                14

              
	
                SECTION 2.14.

              	
                Global Securities.

              	
                14

              
	
                SECTION 2.15.

              	
                CUSIP Numbers.

              	
                16

              

         

        	
                ARTICLE III REDEMPTION

              	
                16

              

         

        	
                SECTION 3.01.

              	
                Notice to Trustee.

              	
                16

              
	
                SECTION 3.02.

              	
                Selection of Securities to be Redeemed.

              	
                16

              
	
                SECTION 3.03.

              	
                Notice of Redemption.

              	
                17

              
	
                SECTION 3.04.

              	
                Effect of Notice of Redemption.

              	
                17

              
	
                SECTION 3.05.

              	
                Deposit of Redemption Price.

              	
                18

              
	
                SECTION 3.06.

              	
                Securities Redeemed in Part.

              	
                18

              

         

         

         

        
          
              

          

          
              

            
              

            

          

          
              

          

        

         

         

        
          	
                  ARTICLE IV COVENANTS

                	
                  18

                

           

          	
                  SECTION 4.01.

                	
                  Payment of Principal and Interest.

                	
                  18

                
	
                  SECTION 4.02.

                	
                  SEC Reports.

                	
                  18

                
	
                  SECTION 4.03.

                	
                  Compliance Certificate.

                	
                  19

                
	
                  SECTION 4.04.

                	
                  Stay, Extension and Usury Laws.

                	
                  20

                
	
                  SECTION 4.05.

                	
                  Corporate Existence.

                	
                  20

                
	
                  SECTION 4.06.

                	
                  Taxes.

                	
                  20

                
	
                  SECTION 4.07.

                	
                  Additional Interest Notice.

                	
                  20

                
	
                  SECTION 4.08.

                	
                  Further Instruments and Acts.

                	
                  20

                

           

          	
                  ARTICLE V SUCCESSORS

                	
                  21

                

           

          	
                  SECTION 5.01.

                	
                  When Company May Merge, Etc.

                	
                  21

                
	
                  SECTION 5.02.

                	
                  Successor Corporation Substituted.

                	
                  21

                

           

          	
                  ARTICLE VI DEFAULTS AND REMEDIES

                	
                  21

                

           

          	
                  SECTION 6.01.

                	
                  Events of Default.

                	
                  21

                
	
                  SECTION 6.02.

                	
                  Acceleration of Maturity; Rescission and Annulment.

                	
                  23

                
	
                  SECTION 6.03.

                	
                  Collection of Indebtedness and Suits for Enforcement by Trustee.

                	
                  25

                
	
                  SECTION 6.04.

                	
                  Trustee May File Proofs of Claim.

                	
                  25

                
	
                  SECTION 6.05.

                	
                  Trustee May Enforce Claims Without Possession of Securities.

                	
                  26

                
	
                  SECTION 6.06.

                	
                  Application of Money Collected.

                	
                  26

                
	
                  SECTION 6.07.

                	
                  Limitation on Suits.

                	
                  26

                
	
                  SECTION 6.08.

                	
                  Unconditional Right of Holders to Receive Principal and Interest.

                	
                  27

                
	
                  SECTION 6.09.

                	
                  Restoration of Rights and Remedies.

                	
                  27

                
	
                  SECTION 6.10.

                	
                  Rights and Remedies Cumulative.

                	
                  27

                
	
                  SECTION 6.11.

                	
                  Delay or Omission Not Waiver.

                	
                  27

                
	
                  SECTION 6.12.

                	
                  Control by Holders.

                	
                  28

                
	
                  SECTION 6.13.

                	
                  Waiver of Past Defaults.

                	
                  28

                
	
                  SECTION 6.14.

                	
                  Undertaking for Costs.

                	
                  28

                

           

          	
                  ARTICLE VII TRUSTEE

                	
                  29

                

           

          	
                  SECTION 7.01.

                	
                  Duties of Trustee.

                	
                  29

                
	
                  SECTION 7.02.

                	
                  Rights of Trustee.

                	
                  30

                

           

           

           

          
            
                

            

            
                

              
                

              

            

            
                

            

          

           

          	
                  SECTION 7.03.

                	
                  Individual Rights of Trustee.

                	
                  31

                
	
                  SECTION 7.04.

                	
                  Trustee's Disclaimer.

                	
                  31

                
	
                  SECTION 7.05.

                	
                  Notice of Defaults.

                	
                  31

                
	
                  SECTION 7.06.

                	
                  Reports by Trustee to Holders.

                	
                  31

                
	
                  SECTION 7.07.

                	
                  Compensation and Indemnity.

                	
                  32

                
	
                  SECTION 7.08.

                	
                  Replacement of Trustee.

                	
                  32

                
	
                  SECTION 7.09.

                	
                  Successor Trustee by Merger, etc.

                	
                  33

                
	
                  SECTION 7.10.

                	
                  Eligibility; Disqualification.

                	
                  33

                
	
                  SECTION 7.11.

                	
                  Preferential Collection of Claims Against Company.

                	
                  34

                

           

          	
                  ARTICLE VIII SATISFACTION AND DISCHARGE; DEFEASANCE

                	
                  34

                

           

          	
                  SECTION 8.01.

                	
                  Satisfaction and Discharge of Indenture.

                	
                  34

                
	
                  SECTION 8.02.

                	
                  Application of Trust Funds; Indemnification.

                	
                  35

                
	
                  SECTION 8.03.

                	
                  Legal Defeasance of Securities of any Series.

                	
                  36

                
	
                  SECTION 8.04.

                	
                  Covenant Defeasance.

                	
                  37

                
	
                  SECTION 8.05.

                	
                  Repayment to Company.

                	
                  38

                

           

          	
                  ARTICLE IX AMENDMENTS AND WAIVERS

                	
                  38

                

           

          	
                  SECTION 9.01.

                	
                  Without Consent of Holders.

                	
                  38

                
	
                  SECTION 9.02.

                	
                  With Consent of Holders.

                	
                  39

                
	
                  SECTION 9.03.

                	
                  Limitations.

                	
                  40

                
	
                  SECTION 9.04.

                	
                  Compliance with Trust Indenture Act.

                	
                  40

                
	
                  SECTION 9.05.

                	
                  Revocation and Effect of Consents.

                	
                  41

                
	
                  SECTION 9.06.

                	
                  Notation on or Exchange of Securities.

                	
                  41

                
	
                  SECTION 9.07.

                	
                  Trustee Protected.

                	
                  41

                
	
                  SECTION 9.08.

                	
                  Effect of Supplemental Indenture.

                	
                  41

                

           

          	
                  ARTICLE X MISCELLANEOUS

                	
                  42

                

           

          	
                  SECTION 10.01.

                	
                  Trust Indenture Act Controls.

                	
                  42

                
	
                  SECTION 10.02.

                	
                  Notices.

                	
                  42

                
	
                  SECTION 10.03.

                	
                  Communication by Holders with Other Holders.

                	
                  43

                
	
                  SECTION 10.04.

                	
                  Certificate and Opinion as to Conditions Precedent.

                	
                  43

                
	
                  SECTION 10.05.

                	
                  Statements Required in Certificate or Opinion.

                	
                  43

                

           

           

          
            
                

            

            
                

              
                

              

            

            
                

            

          

           

          
            	
                    SECTION 10.06.

                  	
                    Record Date for Vote or Consent of Holders.

                  	
                    44

                  
	
                    SECTION 10.07.

                  	
                    Rules by Trustee and Agents.

                  	
                    44

                  
	
                    SECTION 10.08.

                  	
                    Legal Holidays.

                  	
                    44

                  
	
                    SECTION 10.09.

                  	
                    No Recourse Against Others.

                  	
                    44

                  
	
                    SECTION 10.10.

                  	
                    Counterparts.

                  	
                    44

                  
	
                    SECTION 10.11.

                  	
                    Governing Laws and Submission to Jurisdiction.

                  	
                    45

                  
	
                    SECTION 10.12.

                  	
                    No Adverse Interpretation of Other Agreements.

                  	
                    45

                  
	
                    SECTION 10.13.

                  	
                    Successors.

                  	
                    45

                  
	
                    SECTION 10.14.

                  	
                    Severability.

                  	
                    45

                  
	
                    SECTION 10.15.

                  	
                    Table of Contents, Headings, Etc.

                  	
                    45

                  
	
                    SECTION 10.16.

                  	
                    Securities in a Foreign Currency or in ECU.

                  	
                    46

                  
	
                    SECTION 10.17.

                  	
                    Judgment Currency.

                  	
                    46

                  
	
                    SECTION 10.18.

                  	
                    Compliance with Applicable Anti-Terrorism and Money Laundering
                        Regulations.

                  	
                    47

                  

             

            	
                    ARTICLE XI SINKING FUNDS

                  	  	
                    47

                  

             

            	
                    SECTION 11.01.

                  	
                    Applicability of Article.

                  	
                    47

                  
	
                    SECTION 11.02.

                  	
                    Satisfaction of Sinking Fund Payments with Securities.

                  	
                    48

                  
	
                    SECTION 11.03.

                  	
                    Redemption of Securities for Sinking Fund.

                  	
                    48

                  

          

        

      

      

      

      

      
        
            

        

        
            

          
            

          

        

        
            

        

      

      

    

    

    

    Reconciliation and tie between Trust Indenture Act of 1939 and Indenture,

    Dated as of [            ], 20[ ]

     

    
      	
              Section 310(a)(1)

            	
              7.10

            
	
              (a)(2)

            	
              7.10

            
	
              (a)(3)

            	
              Not Applicable

            
	
              (a)(4)

            	
              Not Applicable

            
	
              (a)(5)

            	
              7.10

            
	
              (b)

            	
              7.10

            
	
              (c)

            	
              Not Applicable

            
	
              Section 311(a)

            	
              7.11

            
	
              (b)

            	
              7.11

            
	
              (c)

            	
              Not Applicable

            
	
              Section 312(a)

            	
              2.06

            
	
              (b)

            	
              10.03

            
	
              (c)

            	
              10.03

            
	
              Section 313(a)

            	
              7.06

            
	
              (b)(1)

            	
              7.06

            
	
              (b)(2)

            	
              7.06

            
	
              (c)(1)

            	
              7.06

            
	
              (d)

            	
              7.06

            
	
              Section 314(a)

            	
              4.02, 10.05

            
	
              (b)

            	
              Not Applicable

            
	
              (c)(1)

            	
              10.04

            
	
              (c)(2)

            	
              10.04

            
	
              (c)(3)

            	
              Not Applicable

            
	
              (d)

            	
              Not Applicable

            
	
              (e)

            	
              10.05

            
	
              (f)

            	
              Not Applicable

            
	
              Section 315(a)

            	
              7.01

            
	
              (b)

            	
              7.05

            
	
              (c)

            	
              7.01

            
	
              (d)

            	
              7.01

            
	
              (e)

            	
              6.14

            
	
              Section 316(a)(1)(A)

            	
              6.12

            
	
              (a)(1)(B)

            	
              6.13

            
	
              (a)(2)

            	
              Not Applicable

            
	
              (b)

            	
              6.13

            
	
              (c)

            	
              10.06

            
	
              Section 317(a)(1)

            	
              6.03

            
	
              (a)(2)

            	
              6.04

            
	
              (b)

            	
              2.05

            
	
              Section 318(a)

            	
              10.01

            

    

     

    Note:  This reconciliation and tie shall not, for any purpose, be deemed to be
        part of the Indenture.

    

    

       

    

    
      
          

      

      
          

        
          

        

      

      
          

      

    

    

    Indenture dated as of [                        ], 20[ ] between FRONTLINE LTD,
        a company organized under the laws of Bermuda (the "Company") and [           ] (the "Trustee").

     

    Each party agrees as follows for the benefit of the other party and for the
        equal and ratable benefit of the Holders of the Securities issued under this Indenture.

     

    ARTICLE I

     

    DEFINITIONS AND INCORPORATION BY REFERENCE

     

    SECTION 1.01.  Definitions.

     

    "Additional Amounts"
        means any additional amounts which are required hereby or by any Security, under circumstances specified herein or therein, to be paid by the Company in respect of certain taxes imposed on Holders specified therein and which are owing to such
        Holders.

     

    "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" (including, with correlative
        meanings, the terms "controlled by" and "under common control with"), as used with respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person,
        whether through the ownership of voting securities or by agreement or otherwise.

     

    "Agent" means any
        Registrar or Paying Agent.

     

    "Bankruptcy Law" means
        Title 11 of the United States Code (or any successor thereto) or any similar federal or state law for the relief of debtors.

     

    "Board of Directors"
        means the board of directors of the Company or any duly authorized committee thereof.

     

    "Board Resolution"
        means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been adopted by the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of
        the certificate and delivered to the Trustee.

     

    "Business Day" means
        any day other than a (x) Saturday, (y) Sunday or (z) day on which state or federally chartered banking institutions in New York, New York are not required to be open.

     

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

     

    

    
      
          

      

      
        1

        
          

        

      

      
          

      

    

    

    "Certificated Securities"
        means Securities in the form of physical, certificated Securities in registered form.

     

    "Company" means the
        party named as such above until a successor replaces it in accordance with the terms of this Indenture and thereafter means the successor.

     

    "Company Order" means
        a written order signed in the name of the Company by two Officers, one of whom must be the Company's principal executive officer, principal financial officer or principal accounting officer.

     

    "Company Request"
        means a written request signed in the name of the Company by its Chairman of the Board, a President or a Vice President, and by its Chief Financial Officer, its Secretary or an Assistant Secretary, and delivered to the Trustee.

     

    "Corporate Trust Office"
        means the office of the Trustee at which at any particular time its corporate trust business shall be principally administered which office at the date of the execution of this Indenture is [             ], Attention: [              ], or at such
        other address as the Trustee may designate from time to time.

     

    "Custodian" means any
        receiver, trustee, assignee, liquidator, sequestrator or similar official under any Bankruptcy Law.

     

    "Default" or "default"
        means any event which is, or after notice or passage of time or both would be, an Event of Default.

     

    "Default Rate" means
        the default rate of interest specified in the Securities.

     

    "Depository" means,
        with respect to the Securities of any Series issuable or issued in whole or in part in the form of one or more Global Securities, the person designated as Depository for such Series by the Company, which Depository shall be a clearing agency
        registered under the Exchange Act; and if at any time there is more than one such person, "Depository" as used with respect to the Securities of any Series shall mean the Depository with respect to the Securities of such Series.

     

    "Discount Security"
        means any Security that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

     

    "Dollars" means the
        currency of The United States of America.

     

    "ECU" means the
        European Currency Unit as determined by the Commission of the European Union.

     

    "Exchange Act" means
        the Securities Exchange Act of 1934, as amended.

     

    "Foreign Currency"
        means any currency or currency unit issued by a government other than the government of The United States of America.

     

    

    
      
          

      

      
        2

        
          

        

      

      
          

      

    

    

    "Foreign Government
          Obligations" means with respect to Securities of any Series that are denominated in a Foreign Currency, (i) direct obligations of the government that issued or caused to be issued such currency for the payment of which obligations its full
        faith and credit is pledged or (ii) obligations of a person controlled or supervised by or acting as an agency or instrumentality of such government the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by
        such government, which, in either case under clauses (i) or (ii), are not callable or redeemable at the option of the issuer thereof.

     

    "Global Security" or "Global Securities" means a Security or Securities, as the case may be, in the form established pursuant to Section 2.02 evidencing all or part of a Series of Securities, issued to the Depository
        for such Series or its nominee, and registered in the name of such Depository or nominee.

     

    "Holder" or "Securityholder" means a person in whose name a Security is registered.

     

    "Indenture" means this
        Indenture as amended and supplemented from time to time and shall include the form and terms of particular Series of Securities established as contemplated hereunder.

     

    "Interest," in respect
        of the Securities, unless the context otherwise requires, refers to interest payable on the Securities, including any additional interest that may become payable pursuant to Section 6.02(b).

     

    "Maturity," when used
        with respect to any Security or installment of principal thereof, means the date on which the principal of such Security or such installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by
        declaration of acceleration, call for redemption, notice of option to elect repayment or otherwise.

     

    "Officer" means the
        Chairman of the Board, the President, any Vice-President, the Treasurer, the Secretary, any Assistant Treasurer or any Assistant Secretary of the Company.

     

    "Officers' Certificate"
        means a certificate signed by two Officers, one of whom must be the Company's principal executive officer, principal financial officer or principal accounting officer.

     

    "Opinion of Counsel"
        means a written opinion of legal counsel who is, and which opinion is, acceptable to the Trustee and its counsel.  Such legal counsel may be an employee of or counsel to the Company or the Trustee.

     

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

     

    "Principal" or "principal" of a Security means the principal of the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in respect of, the Security.

     

    

    
      
          

      

      
        3

        
          

        

      

      
          

      

    

    

    "Responsible Officer"
        means any officer of the Trustee in its Corporate Trust Office and also means, any vice president, managing director, director, associate, assistant vice president, or any other officer of the Trustee customarily performing functions similar to
        those performed by any of the above designated officers and also, with respect to a particular corporate trust matter, any other officer to whom any corporate trust matter is referred because of his or her knowledge of and familiarity with a
        particular subject.

     

    "SEC" means the
        Securities and Exchange Commission.

     

    "Security" or "Securities" means the debentures, notes or other debt instruments of the Company of any Series authenticated and delivered under this Indenture.

     

    "Series" or "Series of Securities" means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.01 and 2.02 hereof.

     

    "Stated Maturity" when
        used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due
        and payable.

     

    "Subordinated Indebtedness"
        means any indebtedness which is expressly subordinated to the indebtedness evidenced by Securities.

     

    "Subsidiary" means, in
        respect of any Person, any corporation, association, partnership or other business entity of which more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to
        the occurrence of any contingency) to vote in the election of directors, managers, general partners or trustees thereof is at the time owned or controlled, directly or indirectly, by (i) such Person; (ii) such Person and one or more Subsidiaries of
        such Person; or (iii) one or more Subsidiaries of such Person.

     

    "TIA" means the Trust
        Indenture Act of 1939 (15 U.S. Code Sections 77aaa-77bbbb) as in effect on the date of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, "TIA" means, to the extent required by any such
        amendment, the Trust Indenture Act as so amended.

     

    "Trustee" means the
        person named as the "Trustee" in the first paragraph of this instrument until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "Trustee" shall mean or include each person who is then
        a Trustee hereunder, and if at any time there is more than one such person, "Trustee" as used with respect to the Securities of any Series shall mean the Trustee with respect to Securities of that Series.

     

    "U.S. Government Obligations"
        means securities which are (i) direct obligations of The United States of America for the payment of which its full faith and credit is pledged or (ii) obligations 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, and which in the case of (i) and (ii)

     

    

    
      
          

      

      
        4

        
          

        

      

      
          

      

    

    

    are not callable or redeemable at the option of the issuer thereof, and
        shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such
        custodian for the account of the holder of a depository receipt, 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 depository receipt from any amount
        received by the custodian in respect of the U.S. Government Obligation evidenced by such depository receipt.

     

    SECTION 1.02.  Other
          Definitions.

     

    
      
        	
                 

                TERM

              	
                 

                DEFINED IN SECTION

              
	
                "Applicable Law"

              	
                10.18

              
	
                "Event of Default"

              	
                6.01

              
	
                "Instrument"

              	
                6.01

              
	
                "Journal"

              	
                10.16

              
	
                "Judgment Currency"

              	
                10.17

              
	
                "Legal Holiday"

              	
                10.08

              
	
                "mandatory sinking fund payment"

              	
                11.01

              
	
                "Market Exchange Rate"

              	
                10.16

              
	
                "New York Banking Day"

              	
                10.17

              
	
                "optional sinking fund payment"

              	
                11.01

              
	
                "Paying Agent"

              	
                2.04

              
	
                "Registrar"

              	
                2.04

              
	
                "Required Currency"

              	
                10.17

              
	
                "successor person"

              	
                5.01

              
	
                "Temporary Securities"

              	
                2.11

              

      

       

    

    SECTION 1.03.  Incorporation
          by Reference of Trust Indenture Act.

     

    Whenever this Indenture refers to a provision of the TIA, the provision is
        incorporated by reference in and made a part of this Indenture.  This Indenture shall also include those provisions of the TIA required to be included herein by the provisions of the Trust Indenture Reform Act of 1990.  The following TIA terms used
        in this Indenture have the following meanings:

     

    "indenture securities"
        means the Securities.

     

    "indenture security holder"
        means a Securityholder.

     

    "indenture to be qualified"
        means this Indenture.

     

    "indenture trustee" or
        "institutional trustee" means the Trustee.

     

    "obligor" on the
        indenture securities means the Company and any successor obligor upon the Securities.

     

    

    
      
          

      

      
        5

        
          

        

      

      
          

      

    

    

    All other terms used in this Indenture that are defined by the TIA, defined by
        TIA reference to another statute or defined by SEC rule under the TIA and not otherwise defined herein are used herein as so defined.

     

    SECTION 1.04.  Rules
          of Construction.

     

    Unless the context otherwise requires:

     

    (a)           a term has the meaning assigned to it;

     

    (b)           an accounting term not otherwise defined has the meaning
        assigned to it in accordance with generally accepted accounting principles;

     

    (c)           references to "generally accepted accounting principles" shall
        mean generally accepted accounting principles in effect as of the time when and for the period as to which such accounting principles are to be applied;

     

    (d)           "or" is not exclusive;

     

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

     

    (f)           provisions apply to successive events and transactions;

     

    (g)           references to agreements and other instruments include
        subsequent amendments thereto;

     

    (h)           the term "merger" includes a statutory share exchange, and the
        term "merged" has a correlative meaning; and

     

    (i)           "herein," "hereof" and other words of similar import refer to
        this Indenture as a whole and not to any particular Article, Section or other subdivision.

     

    ARTICLE II

    

     

    THE SECURITIES

     

    SECTION 2.01.  Issuable
          in Series.

     

    The aggregate principal amount of Securities that may be authenticated and
        delivered under this Indenture is unlimited.  The Securities may be issued in one or more Series.  All Securities of a Series shall be identical except as may be set forth in a Board Resolution, a supplemental indenture or an Officers' Certificate
        detailing the adoption of the terms thereof pursuant to the authority granted under a Board Resolution.  In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officers' Certificate or supplemental indenture may
        provide for the method by which specified terms (such as interest rate, maturity date, record date or date from which interest shall accrue) are to be determined.  Securities may

     

    

    
      
          

      

      
        6

        
          

        

      

      
          

      

    

    

    differ between Series in respect of any matters, provided that all Series
        of Securities shall be equally and ratably entitled to the benefits of the Indenture.

     

    SECTION 2.02.  Establishment
          of Terms of Series of Securities.

     

    At or prior to the issuance of any Securities within a Series, the following
        shall be established (as to the Series generally, in the case of Subsection (a), and either as to such Securities within the Series or as to the Series generally in the case of Subsections (b) through (t) by a Board Resolution, a supplemental
        indenture or an Officers' Certificate pursuant to authority granted under a Board Resolution:

     

    (a)           the title, designation, aggregate principal amount and
        authorized denominations of the Securities of the Series;

     

    (b)           the price or prices, (expressed as a percentage of the aggregate
        principal amount thereof) at which the Securities of the Series will be issued;

     

    (c)           the date or dates on which the principal of the Securities of
        the Series is payable;

     

    (d)           the rate or rates (which may be fixed or variable) per annum or,
        if applicable, the method used to determine such rate or rates (including, but not limited to, any commodity, commodity index, stock exchange index or financial index) at which the Securities of the Series shall bear interest, if any, the date or
        dates from which such interest, if any, shall commence and be payable and any regular record date for the interest payable on any interest payment date;

     

    (e)           any optional or mandatory sinking fund provisions or conversion
        or exchangeability provisions upon which Securities of the Series shall be redeemed, purchased, converted or exchanged;

     

    (f)           the date, if any, after which and the price or prices at which
        the Securities of the Series may be optionally redeemed or must be mandatorily redeemed and any other terms and provisions of optional or mandatory provisions;

     

    (g)           if other than denominations of $1,000 and any integral multiple
        thereof, the denominations in which the Securities of the Series shall be issuable;

     

    (h)           if other than the full principal amount, the portion of the
        principal amount of the Securities of the Series that shall be payable upon declaration of acceleration pursuant to Section 6.02 or provable in bankruptcy;

     

    (i)           any addition to or change in the Events of Default which applies
        to any Securities of the Series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 6.02;

     

    

    
      
          

      

      
        7

        
          

        

      

      
          

      

    

    

    (j)           the currency or currencies, including composite currencies, in
        which payments of principal of, premium or interest, if any, on the Securities of the Series will be payable, if other than the currency of the United States of America;

     

    (k)           if payments of principal of, premium or interest, if any, on the
        Securities of the Series will be payable, at the Company's election or at the election of any Holder, in a currency other than that in which the Securities of the Series are stated to be payable, the period or periods within which, and the terms
        and conditions upon which, the election may be made;

     

    (l)           if payments of interest, if any, on the Securities of the Series
        will be payable, at the Company's election or at the election of any Holder, in cash or additional securities, and the terms and conditions upon which the election may be made;

     

    (m)           if denominated in a currency or currencies other than the
        currency of the United States of America, the equivalent price of the Securities of the Series in the currency of the United States of America for purposes of determining the voting rights of Holders of the Securities of the Series;

     

    (n)           if the amount of payments of principal, premium or interest may
        be determined with reference to an index, formula or other method based on a coin or currency other than that in which the Securities of the Series are stated to be payable, the manner in which the amounts will be determined;

     

    (o)           any restrictive covenants or other material terms relating to
        the Securities of the Series;

     

    (p)           whether the Securities of the Series will be issued in the form
        of global securities or certificates in registered form;

     

    (q)           any terms with respect to subordination;

     

    (r)           any listing on any securities exchange or quotation system;

     

    (s)           additional provisions, if any, related to defeasance and
        discharge of the offered debt securities; and

     

    (t)           the applicability of any guarantees, which would be governed by
        New York law.

     

    All Securities of any one Series need not be issued at the same time and may
        be issued from time to time, consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture or Officers' Certificate referred to above, and the authorized principal amount of any Series
        may not be increased to provide for issuance of additional Securities of such Series, unless otherwise provided in such Board Resolution, supplemental Indenture or Officers' Certificate.

     

    

    
      
          

      

      
        8

        
          

        

      

      
          

      

    

    

    SECTION 2.03.  Execution and
          Authentication.

     

    Two Officers shall sign the Securities for the Company by manual or facsimile
        signature.

     

    If an Officer whose signature is on a Security no longer holds that office at
        the time the Security is authenticated, the Security shall nevertheless be valid.

     

    A Security shall not be valid until authenticated by the manual signature of
        the Trustee or an authenticating agent.  The signature shall be conclusive evidence that the Security has been authenticated under this Indenture.

     

    The Trustee shall at any time, and from time to time, authenticate Securities
        for original issue in the principal amount provided in the Board Resolution, supplemental indenture hereto or Officers' Certificate, upon receipt by the Trustee of a Company Order.  Such Company Order may authorize authentication and delivery
        pursuant to oral or electronic instructions from the Company or its duly authorized agent or agents, which oral instructions shall be promptly confirmed in writing.  Each Security shall be dated the date of its authentication unless otherwise
        provided by a Board Resolution, a supplemental indenture hereto or an Officers' Certificate.

     

    The aggregate principal amount of Securities of any Series outstanding at any
        time may not exceed any limit upon the maximum principal amount for such Series set forth in the Board Resolution, supplemental indenture hereto or Officers' Certificate delivered pursuant to Section 2.02, except as provided in Section 2.08.

     

    Prior to the issuance of Securities of any Series, the Trustee shall have
        received and (subject to Section 7.02) shall be fully protected in relying on: (a) the Board Resolution, supplemental indenture hereto or Officers Certificate establishing the form of the Securities of that Series or of Securities within that
        Series and the terms of the Securities of that Series or of Securities within that Series, (b) an Officers' Certificate complying with Section 10.04, and (c) an Opinion of Counsel complying with Section 10.04.

     

    The Trustee shall have the right to decline to authenticate and deliver any
        Securities of such Series: (a) if the Trustee, being advised by counsel, determines that such action may not lawfully be taken; or (b) if a Responsible Officer of the Trustee in good faith shall determine that such action would expose the Trustee
        to personal liability to Holders of any then outstanding Series of Securities.

     

    The Trustee may appoint an authenticating agent acceptable to the Company to
        authenticate Securities.  An authenticating agent may authenticate Securities whenever the Trustee may do so.  Each reference in this Indenture to authentication by the Trustee includes authentication by such agent.  An authenticating agent has the
        same rights as an Agent to deal with the Company or an Affiliate.

     

    If any successor that has replaced the Company in accordance with Article 5
        has executed an indenture supplemental hereto with the Trustee pursuant to Section 5.01, any of the Securities authenticated or delivered prior to such transaction may, from time to time, at the request of such successor, be exchanged for other
        Securities executed in the name of the such

     

    

    
      
          

      

      
        9

        
          

        

      

      
          

      

    

    

    successor with such changes in phraseology and form as may be appropriate,
        but otherwise identical to the Securities surrendered for such exchange and of like principal amount; and the Trustee, upon receipt of a Company Order of such successor, shall authenticate and deliver Securities as specified in such order for the
        purpose of such exchange.  If Securities shall at any time be authenticated and delivered in any new name of such successor pursuant to this provision of Section 2.03 in exchange or substitution for or upon registration of transfer of any
        Securities, such successor, at the option of the Holders but without expense to them, shall provide for the exchange of all Securities then outstanding for Securities authenticated and delivered in such new name.

     

    SECTION 2.04.  Registrar
          and Paying Agent.

     

    The Company shall maintain, with respect to each Series of Securities, at the
        place or places specified with respect to such Series pursuant to Section 2.02, an office or agency where Securities of such Series may be presented or surrendered for payment ("Paying Agent") and where Securities of such Series may be surrendered
        for registration of transfer or exchange ("Registrar").  The Registrar shall keep a register with respect to each Series of Securities and to their transfer and exchange.  The Company will give prompt written notice to the Trustee of the name and
        address, and any change in the name or address, of each Registrar and Paying Agent.  If at any time the Company shall fail to maintain any such required Registrar or Paying Agent or shall fail to furnish the Trustee with the name and address
        thereof, such presentations and surrenders may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations and surrenders.

     

    The Company may also from time to time designate one or more co-registrars or
        additional paying agents and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations to maintain a Registrar or Paying Agent in each place
        so specified pursuant to Section 2.02 for Securities of any Series for such purposes.  The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address of any such
        co-registrar or additional paying agent.  The term "Registrar" includes any co-registrar; and the term "Paying Agent" includes any additional paying agent.

     

    The Company hereby appoints [                  ] as the initial Registrar and
        Paying Agent for each Series unless another Registrar or Paying Agent as the case may be, is appointed prior to the time Securities of that Series are first issued.  Each Registrar and Paying Agent shall be entitled to all of the rights,
        protections, exculpations and indemnities afforded to the Trustee in connection with its roles as Registrar and Paying Agent.

     

    SECTION 2.05.  Paying
          Agent to Hold Money in Trust.

     

    The Company shall require each Paying Agent other than the Trustee to agree in
        writing that the Paying Agent will hold in trust, for the benefit of Securityholders of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will
        notify the Trustee of any default by the Company in making any such payment.  While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee.  The Company at any time may require

     

    

    
      
          

      

      
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    a Paying Agent to pay all money held by it to the Trustee.  Upon payment
        over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) shall have no further liability for the money.  If the Company or a Subsidiary acts as Paying Agent, it shall segregate and hold in a separate trust fund for the
        benefit of Securityholders of any Series of Securities all money held by it as Paying Agent.

     

    SECTION 2.06.  Securityholder
          Lists.

     

    The Trustee shall preserve in as current a form as is reasonably practicable
        the most recent list available to it of the names and addresses of Securityholders of each Series of Securities and shall otherwise comply with TIA Section 312(a).  If the Trustee is not the Registrar, the Company shall furnish to the Trustee at
        least [  ] days before each interest payment date and at such other times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Securityholders of each
        Series of Securities.

     

    SECTION 2.07.  Transfer
          and Exchange.

     

    Where Securities of a Series are presented to the Registrar or a co-registrar
        with a request to register a transfer or to exchange them for an equal principal amount of Securities of the same Series, the Registrar shall register the transfer or make the exchange if its requirements for such transactions are met.  To permit
        registrations of transfers and exchanges, the Trustee shall authenticate Securities at the Registrar's request.  Any exchange or transfer shall be without charge, except that the Company or the Registrar may require payment of a sum sufficient to
        cover any tax or other governmental charge required by law; provided that this sentence shall not apply to any exchange pursuant to Section 2.11, 2.08, 3.06 or 9.06.

     

    Neither the Company nor the Registrar shall be required (a) to issue, register
        the transfer of, or exchange Securities of any Series for the period beginning at the opening of business [  ] days immediately preceding the mailing of a notice of redemption of Securities of that Series selected for redemption and ending at the
        close of business on the day of such mailing, or (b) to register the transfer of or exchange Securities of any Series selected, called or being called for redemption as a whole or the portion being redeemed of any such Securities selected, called
        or being called for redemption in part.

     

    All Securities issued upon any transfer or exchange of Securities shall be
        valid obligations of the Company, evidencing the same debt and entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange.  Any Registrar appointed pursuant to Section 2.04 shall provide to the
        Trustee such information as the Trustee may reasonably require in connection with the delivery by such Registrar of Securities upon transfer or exchange of Securities.  Each Holder of a Security agrees to indemnify the Company and the Trustee
        against any liability that may result from the transfer, exchange or assignment of such Holder's Security in violation of any provision of this Indenture and/or applicable U.S. federal or state securities law.

    

    
      
          

      

      
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    SECTION 2.08.  Mutilated, Destroyed,
          Lost and Stolen Securities.

     

    If any mutilated Security is surrendered to the Registrar, the Company shall
        execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding.

     

    If there shall be delivered to the Company and the Registrar (i) evidence to
        their satisfaction of the destruction, loss or theft of any Security and (ii) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the
        Registrar that such Security has been acquired by a bona fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new
        Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding.

     

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

     

    Upon the issuance of any new Security under this Section, 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 Security of any series issued pursuant to this Section in lieu of
        any destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the
        benefits of this Indenture equally and proportionately with any and all other Securities of that Series duly issued hereunder.

     

    The provisions of this Section 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 Securities.

     

    SECTION 2.09.  Outstanding
          Securities.

     

    The Securities outstanding at any time are all the Securities authenticated by
        the Trustee except for those canceled by it, those delivered to it for cancellation, those reductions in the interest on a Global Security effected by the Trustee in accordance with the provisions hereof and those described in this Section as not
        outstanding.

     

    If a Security is replaced pursuant to Section 2.08, it ceases to be
        outstanding until the Trustee receives proof satisfactory to it that the replaced Security is held by a bona fide purchaser.

     

    If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of
        any thereof) holds on the Maturity of Securities of a Series money sufficient to pay such Securities

     

    

    
      
          

      

      
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    payable on that date, then on and after that date such Securities of the
        Series cease to be outstanding and interest on them ceases to accrue.

     

    A Security does not cease to be outstanding because the Company or an
        Affiliate holds the Security.

     

    In determining whether the Holders of the requisite principal amount of
        outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, the principal amount of a Discount Security that shall be deemed to be outstanding for such purposes shall be the amount of the
        principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the Maturity thereof pursuant to Section 6.02.

     

    SECTION 2.10.  Treasury
          Securities.

     

    In determining whether the Holders of the required principal amount of
        Securities of a Series have concurred in any request, demand, authorization, direction, notice, consent or waiver Securities of a Series owned by the Company or an Affiliate shall be disregarded, except that for the purposes of determining whether
        the Trustee shall be protected in relying on any such request, demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded.

     

    SECTION 2.11.  Temporary
          Securities.

     

    Until definitive Securities are ready for delivery, the Company may prepare
        and the Trustee shall authenticate temporary securities upon a Company Order ("Temporary Securities").  Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate
        for temporary Securities.  Without unreasonable delay, the Company shall prepare and the Trustee upon written request shall authenticate definitive Securities of the same Series and date of maturity in exchange for temporary Securities.  Until so
        exchanged, temporary securities shall have the same rights under this Indenture as the definitive Securities.

     

    SECTION 2.12.  Cancellation.

     

    The Company at any time may deliver Securities to the Trustee for
        cancellation.  The Registrar and the Paying Agent shall forward to the Trustee or its agent any Securities surrendered to them for transfer, exchange, payment or conversion.  The Trustee and no one else shall cancel, in accordance with its standard
        procedures, all Securities surrendered for transfer, exchange, payment, conversion or cancellation and shall deliver the cancelled Securities to the Company.  No Security shall be authenticated in exchange for any Security cancelled pursuant to
        this Section 2.12.

     

    The Company may, to the extent permitted by law, purchase Securities in the
        open market or by tender offer at any price or by private agreement.  Any Securities purchased or otherwise acquired by the Company or any of its Subsidiaries prior to the final maturity of such Securities may, to the extent permitted by law, be
        reissued or resold or may, at the option of the Company, be surrendered to the Trustee for cancellation.  Any Securities surrendered for

     

    

    
      
          

      

      
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    cancellation may not be reissued or resold and shall be promptly cancelled
        by the Trustee, and the Company may not hold or resell such Securities or issue any new Securities to replace any such Securities.

     

    SECTION 2.13.  Defaulted
          Interest.

     

    If the Company defaults in a payment of interest on a Series of Securities, it
        shall pay defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest at the Default Rate, to the persons who are Security holders of the Series on a subsequent special record date.  The Company shall
        fix the record date and payment date.  At least [  ] days before the record date, the Company shall mail to the Trustee and the Paying Agent and to each Securityholder of the Series a notice that states the record date, the payment date and the
        amount of interest to be paid.  The Company may pay defaulted interest in any other lawful manner.

     

    SECTION 2.14.  Global
          Securities.

     

    (a)           A Board Resolution, a supplemental indenture hereto or an
        Officers' Certificate shall establish whether the Securities of a Series shall be issued in whole or in part in the form of one or more Global Securities and the Depository for such Global Security or Securities.

     

    (b)            (i)           Notwithstanding any provisions to the contrary
        contained in Section 2.07 of the Indenture and in addition thereto, any Global Security shall be exchangeable pursuant to Section 2.07 of the Indenture for Securities registered in the names of Holders other than the Depository for such Security or
        its nominee only if (A) such Depository notifies the Company that it is unwilling or unable to continue as Depository for such Global Security or if at any time such Depository ceases to be a clearing agency registered under the Exchange Act, and,
        in either case, the Company fails to appoint a successor Depository within 90 days of such event, (B) the Company executes and delivers to the Trustee an Officers' Certificate to the effect that such Global Security shall be so exchangeable or (C)
        an Event of Default with respect to the Securities represented by such Global Security shall have happened and be continuing.

     

    (ii)           Except as provided in this Section 2.14(b), a Global Security
        may not be transferred except as a whole by the Depository with respect to such Global Security to a nominee of such Depository, by a nominee of such Depository to such Depository or another nominee of such Depository or by the Depository or any
        such nominee to a successor Depository or a nominee of such a successor Depository.

     

    (iii)           Securities issued in exchange for a Global Security or any
        portion thereof shall be issued in definitive, fully registered form, without interest coupons, shall have an aggregate principal amount equal to that of such Global Security or portion thereof to be so exchanged, shall be registered in such names
        and be in such authorized denominations as the Depository shall designate and shall bear the applicable legends provided for herein.  Any Global Security to be exchanged in whole shall be surrendered by the Depository to the Trustee, as Registrar. 
        With regard to any Global Security to be exchanged in part, either such Global Security shall be so surrendered for exchange or, if

     

    

    
      
          

      

      
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    the Registrar is acting as custodian for the Depository or its nominee
        with respect to such Global Security, the principal amount thereof shall be reduced by an amount equal to the portion thereof to be so exchanged, by means of an appropriate adjustment made on the records of the Trustee.  Upon any such surrender or
        adjustment, the Trustee shall authenticate and deliver the Security issuable on such exchange to or upon the order of the Depository or an authorized representative thereof.

     

    (iv)           The registered Holder may grant proxies and otherwise
        authorize any Person, including participants in the Depository and persons that may hold interests through participants in the Depository, to take any action which a Holder is entitled to take under this Indenture or the Securities.

     

    (v)           In the event of the occurrence of any of the events specified
        in 2.14(b)(i), the Company will promptly make available to the Trustee a reasonable supply of Certificated Securities in definitive, fully registered form, without interest coupons.  If (A) an event described in Section 2.14(b)(i)(A) or (B) occurs
        and definitive Certificated Securities are not issued promptly to all beneficial owners or (B) the Registrar receives from a beneficial owner instructions to obtain definitive Certificated Securities due to an event described in
        Section 2.14(b)(i)(C) and definitive Certificated Securities are not issued promptly to any such beneficial owner, the Company expressly acknowledges, with respect to the right of any Holder to pursue a remedy pursuant to Section 6.07 hereof, the
        right of any beneficial owner of Securities to pursue such remedy with respect to the portion of the Global Security that represents such beneficial owner's Securities as if such definitive certificated Securities had been issued.

     

    (vi)           Notwithstanding any provision to the contrary in this
        Indenture, so long as a Global Security remains outstanding and is held by or on behalf of the Depository, transfers of a Global Security, in whole or in part, or of any beneficial interest therein, shall only be made in accordance with
        Section 2.07, this Section 2.14(b) and the rules and procedures of the Depository for such Global Security to the extent applicable to such transaction and as in effect from time to time.

     

    (c)           Any Global Security issued hereunder shall bear a legend in
        substantially the following form:

     

    "This Security is a Global Security within the meaning of the Indenture
        hereinafter referred to and is registered in the name of the Depository or a nominee of the Depository.  This Security is exchangeable for Securities registered in the name of a person other than the Depository or its nominee only in the limited
        circumstances described in the Indenture, and may not be transferred except as a whole by the Depository to a nominee of the Depository, by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or
        any such nominee to a successor Depository or a nominee of such a successor Depository."

     

    (d)           The Depository, as a Holder, may appoint agents and otherwise
        authorize participants to give or take any request, demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under the Indenture.

     

    

    
      
          

      

      
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    (e)           Notwithstanding the other provisions of this Indenture, unless
        otherwise specified as contemplated by Section 2.02, payment of the principal of and interest, if any, on any Global Security shall be made to the Holder thereof at their registered office.

     

    (f)           At all times the Securities are held in book-entry form with a
        Depository, (i) the Trustee may deal with such Depository as the authorized representative of the Holders, (ii) the rights of the Holders shall be exercised only through the Depository and shall be limited to those established by law and agreement
        between the Holders and the Depository and/or direct participants of the Depository, (iii) the Depository will make book-entry transfers among the direct participants of the Depository and will receive and transmit distributions of principal and
        interest on the Securities to such direct participants; and (iv) the direct participants of the Depository shall have no rights under this Indenture, or any supplement hereto, under or with respect to any of the Securities held on their behalf by
        the Depository, and the Depository may be treated by the Trustee and its agents, employees, officers and directors as the absolute owner of the Securities for all purposes whatsoever.

     

    SECTION 2.15.  CUSIP
          Numbers.

     

    The Company in issuing the Securities may use "CUSIP", "CCN", "ISIN" or other
        identification numbers (if then generally in use), and, if so, the Trustee shall use "CUSIP", "CCN", "ISIN" or such other identification numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no
        representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities,
        and any such redemption shall not be affected by any defect in or omission of such numbers.

     

    ARTICLE III

    

     

    REDEMPTION

     

    SECTION 3.01.  Notice
          to Trustee.

     

    The Company may, with respect to any series of Securities, reserve the right
        to redeem and pay the Series of Securities or may covenant to redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on such terms as provided for in such Securities.  If a Series of
        Securities is redeemable and the Company wants or is obligated to redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such Securities, it shall notify the Trustee and Registrar in writing of
        the redemption date and the principal amount of Series of Securities to be redeemed.  The Company shall give the notice at least [  ] days before the redemption date (or such shorter notice as may be acceptable to the Trustee and Registrar).

     

    SECTION 3.02.  Selection
          of Securities to be Redeemed.

     

    Unless otherwise indicated for a particular Series by a Board Resolution, a
        supplemental indenture or an Officers' Certificate, if less than all the Securities of a Series are to be redeemed, the Registrar shall select the Securities of the Series to be redeemed in accordance

     

    

    
      
          

      

      
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    with its customary procedures.  The Registrar shall make the selection
        from Securities of the Series outstanding not previously called for redemption.  The Registrar may select for redemption portions of the principal of Securities of the Series that have denominations larger than $1,000.  Securities of the Series and
        portions of them it selects shall be in amounts of $1,000 or whole multiples of $1,000 or, with respect to Securities of any Series issuable in other denominations pursuant to Section 2.02(g), the minimum principal denomination for each Series and
        integral multiples thereof.  Provisions of this Indenture that apply to Securities of a Series called for redemption also apply to portions of Securities of that Series called for redemption.

     

    SECTION 3.03.  Notice
          of Redemption.

     

    Unless otherwise indicated for a particular Series by Board Resolution, a
        supplemental indenture hereto or an Officers' Certificate, at least [  ] days but not more than [  ] days before a redemption date, the Company shall mail a notice of redemption by first-class mail to each Holder whose Securities are to be
        redeemed.

     

    The notice shall identify the Securities of the Series to be redeemed and
        shall state:

     

    (a)           the redemption date;

     

    (b)           the redemption price;

     

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

     

    (d)           that Securities of the Series called for redemption must be
        surrendered to the Paying Agent to collect the redemption price;

     

    (e)           that interest on Securities of the Series called for redemption
        ceases to accrue on and after the redemption date; and

     

    (f)           any other information as may be required by the terms of the
        particular Series or the Securities of a Series being redeemed.

     

    At the Company's written request, the Trustee shall distribute the notice of
        redemption prepared by the Company in the Company's name and at its expense.

     

    SECTION 3.04.  Effect
          of Notice of Redemption.

     

    Once notice of redemption is mailed or published as provided in Section 3.03,
        Securities of a Series called for redemption become due and payable on the redemption date and at the redemption price.  A notice of redemption may not be conditional.  Upon surrender to the Paying Agent, such Securities shall be paid at the
        redemption price plus accrued interest to the redemption date.

     

    

    
      
          

      

      
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    SECTION 3.05.  Deposit of Redemption Price.

     

    On or before the redemption date, the Company shall deposit with the Paying
        Agent money sufficient to pay the redemption price of and accrued interest, if any, on all Securities to be redeemed on that date.

     

    SECTION 3.06.  Securities
          Redeemed in Part.

     

    Upon surrender of a Security that is redeemed in part, the Trustee shall
        authenticate for the Holder a new Security of the same Series and the same maturity equal in principal amount to the unredeemed portion of the Security surrendered.

     

    

    

    ARTICLE IV

    

     

    COVENANTS

     

    SECTION 4.01.  Payment
          of Principal and Interest.

     

    The Company covenants and agrees for the benefit of the Holders of each Series
        of Securities that it will duly and punctually pay the principal of and interest, if any, on the Securities of that Series in accordance with the terms of such Securities and this Indenture. 

    

    

    Unless otherwise provided under the terms of a particular Series of
        Securities:

    

    

    (a)           an installment of principal or interest shall be considered paid
        on the date it is due if the Paying Agent (other than the Company) holds by [] [a].m., New York City time, on that date money, deposited by the Company or an Affiliate thereof, sufficient to pay such installment.  The Company shall (in immediately
        available funds), to the fullest extent permitted by law, pay interest on overdue principal and overdue installments of interest at the rate borne by the Securities per annum; and

     

    (b)           payment of the principal of and interest on the Securities shall
        be made at the office or agency of the Company maintained for that purpose in [] (which shall initially be [], the Paying Agent) in such coin or currency of the United States of America as at the time of payment is legal tender for payment of
        public and private debts; provided, however, that at the option of the Company payment of interest may be made by check mailed to the address of the Person entitled thereto as such address
        appears in the register; provided, further, that a Holder with an aggregate principal amount in excess of $[] will be paid by wire transfer in immediately available funds at the election of
        such Holder if such Holder has provided wire transfer instructions to the Company at least [  ] Business Days prior to the payment date.

     

    SECTION 4.02.  SEC
          Reports.

     

    So long as any Securities are outstanding, the Company shall (i) file with the
        SEC within the time periods prescribed by its rules and regulations and (ii) furnish to the Trustee and

     

    

    
      
          

      

      
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    the Holders of the Securities within [  ] days after the date on which the
        Company would be required to file the same with the SEC pursuant to its rules and regulations (giving effect to any grace period provided by Rule 12b-25 under the Exchange Act), all quarterly and annual financial information required to be
        furnished or filed with the SEC pursuant to Section 13 and Section 15(d) of the Exchange Act and, with respect to the annual consolidated financial statements only, a report thereon by the Company's independent auditors.  The Company also shall
        comply with the other provisions of TIA Section 314(a).

     

    Delivery of such reports, information and documents to the Trustee is for
        informational purposes only, and the Trustee's receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company's compliance with any of its
        covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers' Certificates).  The Company shall not be required to file any report or other information with the SEC if the SEC does not permit such filing, although such
        reports shall be furnished to the Trustee.  Documents filed by the Company with the SEC via the SEC's EDGAR system (or any successor thereto) will be deemed furnished to the Trustee and the Holders of the Securities as of the time such documents
        are filed via EDGAR (or such successor).

     

    SECTION 4.03.  Compliance
          Certificate.

     

    The Company shall deliver to the Trustee, within [   ] days after the end of
        each fiscal year of the Company, an officers certificate signed by two of the Company's officers stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision of the
        signing Officers with a view to determining whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his
        knowledge the Company has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or
        Event of Default shall have occurred, describing all such Defaults or Events of Default of which he may have knowledge in reasonable detail and the efforts to remedy the same).  For purposes of this Section 4.03, compliance shall be determined
        without regard to any grace period or requirement of notice provided pursuant to the terms of this Indenture.

     

    The Company shall deliver to the Trustee, within [  ] days after the
        occurrence thereof, written notice in the form of an Officers' Certificate of any Event of Default described in Section 6.01(e), (f), (g) or (h) and any event of which it becomes aware that with the giving of notice or the lapse of time would
        become such an Event of Default, its status and what action the Company is taking or proposes to take with respect thereto.  For the avoidance of doubt, a breach of a covenant under an Instrument that is not a payment default and that has not given
        rise to a right of acceleration under such Instrument shall not trigger the requirement to provide notice under this paragraph.

     

    

    
      
          

      

      
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    SECTION 4.04.  Stay, Extension and Usury Laws.

     

    The Company covenants (to the extent that it may lawfully do so) that it will
        not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance
        of this Indenture or the Securities; and the Company (to the extent it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not, by resort to any such law, 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 has been enacted.

     

    SECTION 4.05.  Corporate
          Existence.

     

    Subject to Article V, the Company will do or cause to be done all things
        necessary to preserve and keep in full force and effect its corporate existence and the corporate, partnership or other existence of each Subsidiary in accordance with the respective organizational documents of each Subsidiary and the rights
        (charter and statutory), licenses and franchises of the Company and its Subsidiaries; provided, however, that the Company shall not be required to preserve any such right, license or franchise, or the corporate, partnership or other existence of
        any Subsidiary, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any
        material respect to the Holders.

     

    SECTION 4.06.  Taxes.

     

    The Company shall, and shall cause each of its Subsidiaries to, pay prior to
        delinquency all taxes, assessments and governmental levies, except as contested in good faith and by appropriate proceedings.

     

    SECTION 4.07.  Additional
          Interest Notice.

     

    In the event that the Company is required to pay additional interest to
        Holders of Securities pursuant to Section 6.02(b) hereof, the Company shall provide a direction or order in the form of a written notice to the Trustee (and if the Trustee is not the Paying Agent, the Paying Agent) of the Company's obligation to
        pay such additional interest no later than [   ] Business Days prior to date on which any such additional interest is scheduled to be paid.  Such notice shall set forth the amount of additional interest to be paid by the Company on such payment
        date and direct the Trustee (or, if the Trustee is not the Paying Agent, the Paying Agent) to make payment to the extent it receives funds from the Company to do so.  The Trustee shall not at any time be under any duty or responsibility to any
        Holder to determine whether additional interest is payable, or with respect to the nature, extent, or calculation of the amount of additional interest owed, or with respect to the method employed in such calculation of additional interest.

     

    SECTION 4.08.  Further
          Instruments and Acts.

     

    The Company will execute and deliver such further instruments and do such
        further acts as may be reasonably necessary or proper to carry out more effectively the purposes of this Indenture.

     

    

    
      
          

      

      
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    ARTICLE V

     

    SUCCESSORS

     

    SECTION 5.01.  When
          Company May Merge, Etc.

     

    The Company shall not consolidate with, enter into a binding share exchange,
        or merge into any other Person in a transaction in which it is not the surviving entity, or sell, assign, convey, transfer or lease or otherwise dispose of all or substantially all of its properties and assets to any Person (a "successor person"),
        unless:

     

    (a)           the successor person (if any) is a corporation, partnership,
        trust or other entity organized and validly existing under the laws of Bermuda, [], the United States, any state of the United States or the District of Columbia and expressly assumes by a supplemental indenture executed and delivered to the
        Trustee, in form satisfactory to the Trustee, the due and punctual payment of the principal of, and any interest on, all Securities and the performance or observance of every covenant of this Indenture on the part of the Company to be performed or
        observed;

     

    (b)           immediately after giving effect to the transaction, no Default
        or Event of Default, shall have occurred and be continuing; and

     

    (c)           the Company shall have delivered to the Trustee, prior to the
        consummation of the proposed transaction, an Officers' Certificate to the foregoing effect and an Opinion of Counsel stating that the proposed transaction and such supplemental indenture comply with this Indenture.

     

    SECTION 5.02.  Successor
          Corporation Substituted.

     

    Upon any consolidation or merger, or any sale, lease, conveyance or other
        disposition of all or substantially all of the assets of the Company in accordance with Section 5.01, the successor person formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance or other
        disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor person has been named as the Company herein; provided, however, that
        the predecessor company in the case of a sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company shall not be released from the obligation to pay the principal of and interest, if any, on the
        Securities.

     

    ARTICLE VI

    

     

    DEFAULTS AND REMEDIES

     

    SECTION 6.01.  Events
          of Default.

     

    "Event of Default," wherever used herein with respect to securities of any
        Series, means any one of the following events, unless in the establishing Board Resolution,

     

    

    
      
          

      

      
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    supplemental indenture or Officers' Certificate, it is provided that such
        Series shall not have the benefit of said Event of Default:

     

    (a)           default in the payment of any interest on any Security of that
        Series when it becomes due and payable, and continuance of such default for a period of 30 days (unless the entire amount of such payment is deposited by the Company with the Trustee or with a Paying Agent prior to the expiration of such period of
        30 days); or

     

    (b)           default in the payment of any principal of any Security of that
        Series at its Maturity; or

     

    (c)           default in the deposit of any sinking fund payment, when and as
        due in respect of any Security of that Series; or

     

    (d)           the Company fails to perform or comply with any of its other
        covenants or agreements contained in the Securities or in this Indenture (other than a covenant or agreement a default in whose performance or whose breach is specifically dealt with in clauses (a), (b) or (c) of this Section 6.01) and the default
        continues for 60 days after notice is given as specified below;

     

    (e)           any indebtedness under any bond, debenture, note or other
        evidence of indebtedness for money borrowed by the Company or any Subsidiary or under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by, or any
        other payment obligation of, the Company or any Subsidiary (an "Instrument") with a principal amount then, individually or in the aggregate, outstanding in excess of $[], whether such indebtedness now exists or shall hereafter be created, is not
        paid at Maturity or when otherwise due or is accelerated, and such indebtedness is not discharged, or such default in payment or acceleration is not cured or rescinded, within a period of 30 days after there shall have been given, by registered or
        certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least [  ]% in aggregate principal amount of the outstanding Securities of that Series a written notice specifying such default and requiring the
        Company to cause such indebtedness to be discharged or cause such default to be cured or waived or such acceleration to be rescinded or annulled and stating that such notice is a "Notice of Default" hereunder.  A payment obligation (other than
        indebtedness under any bond, debenture, note or other evidence of indebtedness for money borrowed by the Company or any Subsidiary or under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or
        evidenced any indebtedness for money borrowed by the Company or any Subsidiary) shall not be deemed to have matured, come due, or been accelerated to the extent that it is being disputed by the relevant obligor or obligors in good faith.  For the
        avoidance of doubt, the Maturity of an Instrument is the Maturity as set forth in that Instrument, as it may be amended from time to time in accordance with the terms of that Instrument;

     

    (f)           the Company or any Subsidiary fails to pay one or more final and
        non-appealable judgments entered by a court or courts of competent jurisdiction, the aggregate uninsured or unbonded portion of which is in excess of $[], if the judgments are not paid, discharged, waived or stayed within [  ] days;

     

    

    
      
          

      

      
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    (g)           the Company or any Subsidiary of the Company, pursuant to or
        within the meaning of any Bankruptcy Law:

     

    (i)           commences a voluntary case or proceeding;

     

    (ii)           consents to the entry of an order for relief against it in an
        involuntary case or proceeding;

     

    (iii)           consents to the appointment of a Custodian of it or for all
        or substantially all of its property; or

     

    (iv)           makes a general assignment for the benefit of its creditors;
        or

     

    (v)           or generally is unable to pay its debts as the same become due;
        or

     

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

     

    (i)           is for relief against the Company or any of its Subsidiaries in
        an involuntary case or proceeding;

     

    (ii)           appoints a Custodian of the Company or any of its Subsidiaries
        for all or substantially all of the property of the Company or any such Subsidiary; or

     

    (iii)           orders the liquidation of the Company or any of its
        Subsidiaries;

     

    and the case of each of clause (i), (ii) and (iii), the order or decree
        remains unstayed and in effect for [  ] consecutive days; or

     

    (i)           any other Event of Default provided with respect to Securities
        of that Series, which is specified in a Board Resolution, a supplemental indenture hereto or an Officers' Certificate, in accordance with Section 2.02(i).

     

    A default under clause (d) above is not an Event of Default until the Trustee
        notifies the Company, or the Holders of at least [  ]% in aggregate principal amount of the Securities then outstanding notify the Company and the Trustee, in writing of the default, and the Company does not cure the default within 60 days after
        receipt of such notice.  The notice given pursuant to this Section 6.01 must specify the default, demand that it be remedied and state that the notice is a "Notice of Default."  When any default under this Section 6.01 is cured, it ceases.

     

    The Trustee shall not be charged with knowledge of any Event of Default unless
        written notice thereof shall have been given to a Trust Officer at the Corporate Trust Office of the Trustee by the Company, a Paying Agent, any Holder or any agent of any Holder. 

     

    SECTION 6.02.  Acceleration
          of Maturity; Rescission and Annulment.

     

    (a)           If an Event of Default (other than an Event of Default specified
        in clause (g) or (h) of Section 6.01) occurs and is continuing with respect to any Securities of any Series,

     

    

    
      
          

      

      
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    then in every such case, the Trustee may, by notice to the Company, or the
        Holders of at least 25% in aggregate principal amount of the Securities of that Series (or, if any Securities of that Series are Discount Securities, such portion of the principal amount as may be specified in the terms of such Securities) then
        outstanding may, by notice to the Company and the Trustee, declare all unpaid principal of, and accrued and unpaid interest on to the date of acceleration, the Securities of that Series then outstanding (if not then due and payable) to be due and
        payable upon any such declaration, and the same shall become and be immediately due and payable.  If an Event of Default specified in clause (g) or (h) of Section 6.01 occurs, all unpaid principal of the Securities then outstanding, and all accrued
        and unpaid interest thereon to the date of acceleration, shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder.  The Holders of a majority in aggregate principal
        amount of the Securities of that Series then outstanding by notice to the Trustee may rescind an acceleration of such Securities of that Series and its consequences if (a) all existing Events of Default, other than the nonpayment of the principal
        of the Securities which has become due solely by such declaration of acceleration, have been cured or waived; (b) to the extent the payment of such interest is lawful, interest (calculated at the Default Rate) on overdue installments of interest
        and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid; (c) the rescission would not conflict with any judgment or decree of a court of competent jurisdiction; and (d) all payments due to the
        Trustee and any predecessor Trustee under Section 7.07 have been made.  No such rescission shall affect any subsequent default or impair any right consequent thereto.

     

    (b)           Notwithstanding any of provision of this Article 6, at the
        election of the Company in its sole discretion, the sole remedy under this Indenture for an Event of Default relating to the failure to comply with Section 4.02, and for any failure to comply with the requirements of Section 314(a)(1) of the TIA,
        will consist, for the 180 days after the occurrence of such an Event of Default, exclusively of the right to receive additional interest on the Securities at a rate equal to 0.50% per annum of the aggregate principal amount of the Securities then
        outstanding up to, but not including, the 181st day thereafter (or, if applicable, the earlier date on which the Event of Default relating to Section 4.02 is cured or waived).  Any such additional interest will be payable in the same manner and on
        the same dates as the stated interest payable on the Securities.  In no event shall additional interest accrue under the terms of this Indenture at a rate in excess of 0.50% per annum, in the aggregate, for any violation or default caused by the
        failure of the Company to be current in respect of its Exchange Act reporting obligations.  If the Event of Default is continuing on the 181st day after an Event of Default relating to a failure to comply with Section 4.02, the Securities will be
        subject to acceleration as provided in this Section 6.02.  The provisions of this Section 6.02(b) will not affect the rights of Holders in the event of the occurrence of any other Events of Default.

     

    In order to elect to pay additional interest as the sole remedy during the
        first 180 days after the occurrence of an Event of Default relating to the failure to comply with Section 4.02 in accordance with the immediately preceding paragraph, the Company shall notify all Holders and the Trustee and Paying Agent of such
        election on or before the close of business on the fifth Business Day after the date on which such Event of Default otherwise would occur.  Upon a failure by the Company to timely give such notice or pay additional interest, the Securities will be
        immediately subject to acceleration as otherwise provided in this Section 6.02.

     

    

    
      
          

      

      
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    SECTION 6.03.  Collection of
          Indebtedness and Suits for Enforcement by Trustee.

     

    If an Event of Default with respect to any Securities of any Series occurs and
        is continuing, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such Series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and
        enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy.

     

    If an Event of Default in the payment of principal, interest, if any,
        specified in clause (a) or (b) of Section 6.01 occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or another obligor on the Securities for the whole amount of principal,
        and accrued interest remaining unpaid, if any, together with, to the extent that payment of such interest is lawful, interest on overdue principal, on overdue installments of interest, if any, in each case at the Default Rate, and such further
        amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

     

    SECTION 6.04.  Trustee
          May File Proofs of Claim.

     

    In case of the pendency of any receivership, insolvency, liquidation,
        bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors, the Trustee
        (irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue
        principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise,

     

    (a)           to file and prove a claim for the whole amount of principal and
        interest owing and unpaid in respect of the Securities and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses,
        disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and

     

    (b)           to collect and receive any moneys or other property payable or
        deliverable on any such claims and to distribute the same, and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such 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 counsel, and any other amounts due the Trustee under Section 7.07.

     

    

    
      
          

      

      
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    Nothing herein contained 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 Securities 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 6.05.  Trustee
          May Enforce Claims Without Possession of Securities.

     

    All rights of action and claims under this Indenture or the Securities may be
        prosecuted and enforced by the Trustee without the possession of any of the Securities 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
        Securities in respect of which such judgment has been recovered.

     

    SECTION 6.06.  Application
          of Money Collected.

     

    Any money collected by the Trustee pursuant to this Article 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 on account of principal or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid
        and upon surrender thereof if fully paid: and

     

    First: To the payment
        of all amounts due the Trustee under Section 7.07;

     

    Second: To the
        payment of the amounts then due and unpaid for principal of and interest on the Securities 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 Securities for principal and interest, respectively; and

     

    Third: To the
        Company.

     

    SECTION 6.07.  Limitation
          on Suits.

     

    No Holder of any Security of any Series shall have any right to institute any
        proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder (except actions for payment of overdue principal and interest), unless:

     

    (a)           such Holder has previously given written notice to the Trustee
        of a continuing Event of Default with respect to the Securities of that Series;

     

    (b)           the Holders of not less than [  ]% in principal amount of the
        outstanding Securities of that Series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;

     

    (c)           such Holder or Holders have offered to the Trustee indemnity
        satisfactory to it against the costs, expenses and liabilities to be incurred in compliance with such request;

     

    

    
      
          

      

      
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    (d)           the Trustee for [  ] days after its receipt of such notice,
        request and offer of indemnity has failed to institute any such proceeding; and

     

    (e)           no direction inconsistent with such written request has been
        given to the Trustee during such [  ]-day period by the Holders of a majority in principal amount of the outstanding Securities of that Series; it being understood and intended that no one or more of such Holders shall have any right in any manner
        whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce
        any right under this Indenture, except in the manner herein provided and for the equal and ratable benefit of all such Holders.

     

    SECTION 6.08.  Unconditional
          Right of Holders to Receive Principal and Interest.

     

    Notwithstanding any other provision in this Indenture, the Holder of any
        Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on such Security on the Stated Maturity or Stated Maturities expressed in such Security (or, in the case of redemption,
        on the redemption date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.

     

    SECTION 6.09.  Restoration
          of Rights and Remedies.

     

    If the Trustee or any Holder has instituted any proceeding to enforce any
        right or remedy under this Indenture 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, subject to any determination in such
        proceeding, the Company, the Trustee and the Holders shall 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 6.10.  Rights
          and Remedies Cumulative.

     

    Except as otherwise provided with respect to the replacement or payment of
        mutilated, destroyed, lost or stolen Securities in Section 2.08, 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 6.11.  Delay
          or Omission Not Waiver.

     

    No delay or omission of the Trustee or of any Holder of any Securities 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

     

    

    
      
          

      

      
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    remedy given by this Article 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 6.12.  Control
          by Holders.

     

    The Holders of a majority in principal amount of the outstanding Securities of
        any Series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such Series,
        provided that

     

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

     

    (b)           the Trustee may take any other action deemed proper by the
        Trustee which is not inconsistent with such direction; and

     

    (c)           subject to the provisions of Section 6.01, the Trustee shall
        have the right to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability or would be unduly
        prejudicial to the rights of another Holder or the Trustee.

     

    SECTION 6.13.  Waiver
          of Past Defaults.

     

    Subject to Section 9.02, the Holders of not less than a majority in principal
        amount of the outstanding Securities of any Series may on behalf of the Holders of all the Securities of such Series waive any past Default hereunder with respect to such Series and its consequences, except a Default in the payment of the principal
        of or interest on any Security of such Series (provided, however, that the Holders of a majority in principal amount of the outstanding Securities of any Series may rescind an acceleration and its consequences, including any related payment default
        that resulted from such acceleration).  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 impair any right consequent thereon.

     

    SECTION 6.14.  Undertaking
          for Costs.

     

    All parties to this Indenture agree, and each Holder of any Security by his
        acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or
        omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys' fees, against any party
        litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Company, to any suit instituted by the
        Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than [  ]% in principal amount of the outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement of the

     

    

    
      
          

      

      
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    payment of the principal of or interest on any Security on or after the
        Stated Maturity or Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption date).

     

    ARTICLE VII

    

     

    TRUSTEE

     

    SECTION 7.01.  Duties
          of Trustee.

     

    (a)           If an Event of Default has occurred and is continuing, the
        Trustee shall exercise 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 his own affairs.

     

    (b)           Except during the continuance of an Event of Default:

     

    (i)           The Trustee  need perform only those duties that are
        specifically set forth in this Indenture and no implied duties, covenants or obligations shall be deemed to be imposed upon the Trustee.

     

    (ii)           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 Officers' Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this Indenture; however,
        in the case of any such Officers' Certificates or Opinions of Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officers' Certificates and Opinions of Counsel to
        determine whether or not they conform on their face to the requirements of this Indenture.

     

    (c)           The Trustee may not be relieved from liability for its own its
        own negligent action, its own negligent failure to act or willful misconduct, except that:

     

    (i)           This paragraph does not limit the effect of paragraph (b) of
        Section 7.01 herein.

     

    (ii)           The Trustee shall not be liable for any error of judgment made
        in good faith by a Responsible Officer.

     

    (iii)           The Trustee shall not be liable with respect to any action
        taken, suffered or omitted to be taken by it with respect to Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding Securities of such Series relating to the time,
        method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such Series.

    

    (d)           Every provision of this Indenture that in any way relates to
        the Trustee is subject to paragraph (a), (b) and (c) of this Section.

     

     

    
      
          

      

      
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    (e)           The Trustee may refuse to perform any duty or exercise any right
        or power unless it receives an indemnity satisfactory to it against any loss, liability or expense.

     

    (f)           The Trustee shall not be liable for interest on any money
        received by it except as the Trustee may agree in writing with the Company.  Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law.

     

    (g)           No provision of this Indenture shall require the Trustee to risk
        or expend its own funds or otherwise incur liability, financial or otherwise, in the performance of any of its duties, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds
        or indemnity satisfactory to it against such risk is not reasonably assured to it.

     

    (h)           The Paying Agent, the Registrar and any authenticating agent
        shall be entitled to the same rights, indemnities, protections and immunities afforded to the Trustee.

     

    (i)           The Trustee shall have no duty to monitor the performance or
        compliance of the Company with its obligations hereunder or any under supplement hereto, nor shall it have any liability in connection with the malfeasance or nonfeasance by the Company.  The Trustee shall have no liability in connection with
        compliance by the Company with statutory or regulatory requirements related to this Indenture, any supplement or any Securities issued pursuant hereto or thereto.

     

    SECTION 7.02.  Rights
          of Trustee.

     

    (a)           The Trustee may conclusively rely on and shall be fully
        protected in acting or refraining from acting as a result of its reasonable belief that any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, direction, approval or other paper or document was genuine
        and had been signed or presented by the proper person.  The Trustee need not investigate any fact or matter stated in the document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it
        sees fit.

     

    (b)           Before the Trustee acts or refrains from acting, it may require
        an Officers' Certificate or an Opinion of Counsel or both.  The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officers' Certificate or Opinion of Counsel.

     

    (c)           The Trustee may act through agents and shall not be responsible
        for the misconduct or negligence of, or for the supervision of, any agent appointed with due care.  No Depository shall be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any Depository.

     

    (d)           The Trustee shall not be liable for any action it takes or omits
        to take in good faith which it believes to be authorized or within its rights or powers.

     

    (e)           The Trustee may consult with counsel of its selection and the
        advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection 

     

     

    
      
          

      

      
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    in respect of any action taken, suffered or omitted by it hereunder in
        good faith and in reliance thereon.

     

    (f)           The Trustee shall be under no obligation to exercise any of the
        rights or powers vested in it by or pursuant to this Indenture at the request, order or direction of any of the Holders of Securities, unless such Holders shall have offered to the Trustee reasonable 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.

     

    SECTION 7.03.  Individual
          Rights of Trustee.

     

    The Trustee, in its individual or any other capacity, may become the owner or
        pledgee of Securities and may otherwise deal with the Company or an Affiliate with the same rights it would have if it were not Trustee.  Any Agent may do the same with like rights.  The Trustee is also subject to Sections 7.10 and 7.11.

     

    SECTION 7.04.  Trustee's
          Disclaimer.

     

    The Trustee makes no representation as to the validity or adequacy of this
        Indenture or the Securities and the recitals contained herein and in the Securities shall be taken as statements of the Company and not of the Trustee, and the Trustee has no responsibility for such recitals. The Trustee shall not be accountable
        for the Company's use or application of the proceeds from the Securities or for monies paid over to the Company pursuant to this Indenture, and it shall not be responsible for any statement in the Securities other than its authentication.

     

    SECTION 7.05.  Notice
          of Defaults.

     

    If a Default or Event of Default occurs and is continuing with respect to the
        Securities of any Series and if a Responsible Officer of the Trustee has knowledge or receives written notice of such event, the Trustee shall mail to each Securityholder of the Securities of that Series, notice of a Default or Event of Default
        within [  ] days after it occurs or, if later, after a Responsible Officer of the Trustee has actual knowledge of such Default or Event of Default.  Except in the case of a Default or Event of Default in payment of principal of or interest on any
        Security of any Series, including any additional interest that may become payable pursuant to Section 6.02(b), the Trustee may withhold the notice so long as the Trustee in good faith determines that withholding the notice is in the interests of
        Securityholders of that Series.

     

    SECTION 7.06.  Reports
          by Trustee to Holders.

     

    Within [  ] days after [           ] in each year, the Trustee shall transmit
        by mail to all Securityholders, as their names and addresses appear on the register kept by the Registrar, a brief report dated as of such [], in accordance with, and to the extent required under, TIA Section 313.

     

    A copy of each report at the time of its mailing to Securityholders of any
        Series shall be filed with the SEC and each stock exchange on which the Securities of that Series are listed.  The Company shall promptly notify the Trustee when
        Securities of any Series are listed on any stock exchange.

     

     

    
      
          

      

      
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    SECTION 7.07.  Compensation
          and Indemnity.

     

    The Company shall pay to the Trustee from time to time such compensation for
        its services as shall be agreed upon in writing.  The Trustee's compensation shall not be limited by any law on compensation of a trustee of an express trust.  The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket
        expenses, disbursements and advances incurred by it.  Such expenses shall include the reasonable compensation and expenses of the Trustee's agents, counsel and other persons not regularly in its employ.

     

    The Company shall indemnify, defend and hold harmless the Trustee and its
        officers, directors, employees, representatives and agents, from and against and reimburse the Trustee for any and all claims, expenses, obligations, liabilities, losses, damages, injuries (to person, property, or natural resources), penalties,
        stamp or other similar taxes, actions, suits, judgments, reasonable costs and expenses (including reasonable attorney's and agent's fees and expenses) of whatever kind or nature regardless of their merit, demanded, asserted or claimed against the
        Trustee directly or indirectly relating to, or arising from, claims against the Trustee by reason of its participation in the transactions contemplated hereby, including without limitation all reasonable costs required to be associated with claims
        for damages to persons or property, and reasonable attorneys' and consultants' fees and expenses and court costs except to the extent caused by the Trustee's negligence or willful misconduct.  The provisions of this Section 7.07 shall survive the
        termination of this Agreement or the earlier resignation or removal of the Trustee.  The Company shall defend any claim and the Trustee shall cooperate in the defense.  The Trustee may have separate counsel and the Company shall pay the reasonable
        fees and expenses of such counsel.  The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld or delayed.  This indemnification shall apply to officers, directors, employees, shareholders
        and agents of the Trustee.

     

    The Company need not reimburse any expense or indemnify against any loss
        liability incurred by the Trustee or by any officer, director, employee, shareholder or agent of the Trustee through negligence or bad faith.

     

    To secure the Company's payment obligations in this Section, the Trustee shall
        have a lien prior to the Securities of any Series on all money or property held or collected by the Trustee, except that held in trust to pay principal and interest on particular Securities of that Series.

     

    When the Trustee incurs expenses or renders services after an Event of Default
        specified in Section 6.01(f) or (g) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law.

     

    SECTION 7.08.  Replacement
          of Trustee.

     

    A resignation or removal of the Trustee and appointment of a successor Trustee
        shall become effective only upon the successor Trustee's acceptance of appointment as provided in this Section.

     

    The Trustee may resign with respect to the Securities of one or more Series by
        so notifying the Company.  The Holders of a majority in principal amount of the Securities of any 

     

    
      
          

      

      
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    Series may remove the Trustee with respect to that Series by so notifying
        the Trustee and the Company.  The Company may remove the Trustee with respect to Securities of one or more Series if:

     

    (a)           the Trustee fails to comply with Section 7.10;

     

    (b)           the Trustee is adjudged a bankrupt or an insolvent or an order
        for relief is entered with respect to the Trustee under any Bankruptcy Law;

     

    (c)           a Custodian or public officer takes charge of the Trustee or its
        property; or

     

    (d)           the Trustee becomes incapable of acting.

     

    If the Trustee resigns or is removed or if a vacancy exists in the office of
        Trustee for any reason, the Company shall promptly appoint a successor Trustee.  Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the then outstanding Securities may appoint a successor
        Trustee to replace the successor Trustee appointed by the Company.

     

    If a successor Trustee with respect to the Securities of any one or more
        Series does not take office within [  ] days after the retiring Trustee resigns or is removed, the retiring Trustee, the Company or the Holders of at least [  ]% in principal amount of the Securities of the applicable Series may petition any court
        of competent jurisdiction for the appointment of a successor Trustee.

     

    A successor Trustee shall deliver a written acceptance of its appointment to
        the retiring Trustee and to the Company.  Immediately after that, the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section 7.07, and subject to the payment of any
        and all amounts then due and owing to the retiring Trustee, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series
        of Securities for which it is acting as Trustee under this Indenture.  A successor Trustee shall mail a notice of its succession to each Securityholder of each such Series.  Notwithstanding replacement of the Trustee pursuant to this Section 7.08,
        the Company's obligations under Section 7.07 hereof shall continue for the benefit of the retiring trustee with respect to expenses and liabilities incurred by it prior to such replacement.

     

    SECTION 7.09.  Successor
          Trustee by Merger, etc.

     

    If the Trustee consolidates with, merges or converts into, or transfers all or
        substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee with the same effect as if the successor Trustee had been named as the Trustee herein.

     

    SECTION 7.10.  Eligibility;
          Disqualification.

     

    This Indenture shall always have a Trustee who satisfies the requirements
        of TIA Section 310(a)(1), (2) and (5).  The Trustee shall always have a combined capital and surplus of 

     

    
      
          

      

      
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    at least $25,000,000 as set forth in its most recent published annual
        report of condition.  The Trustee shall comply with TIA Section 310(b).

     

    SECTION 7.11.  Preferential
          Collection of Claims Against Company.

     

    The Trustee is subject to TIA Section 311(a), excluding any creditor
        relationship listed in TIA Section 311(b).  A Trustee who has resigned or been removed shall be subject to TTA Section 311(a) to the extent indicated.

     

    

    

    ARTICLE VIII

    

     

    SATISFACTION AND DISCHARGE; DEFEASANCE

     

    SECTION 8.01.  Satisfaction
          and Discharge of Indenture.

     

    This Indenture shall upon Company Order cease to be of further effect (except
        as hereinafter provided in this Section 8.01), and the Trustee, on the demand of and at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when

     

    (a)           either

     

    (i)           all Securities theretofore authenticated and delivered (other
        than Securities that have been destroyed, lost or stolen and that have been replaced or paid) have been delivered to the Trustee for cancellation; or

     

    (ii)           all such Securities not theretofore delivered to the Trustee
        for cancellation have become due and payable, or

     

    (1)           have become due and payable, or

     

    (2)           will become due and payable at their Stated Maturity within [],
        or

     

    (3)           are to be called for redemption within [           ] under
        arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company, or

     

    (4)           are deemed paid and discharged pursuant to section 8.03, as
        applicable; and the Company, in the case of (1), (2) or (3) above, has deposited or caused to be deposited with the Trustee as trust funds in trust an amount sufficient for the purpose of paying and discharging the entire indebtedness on such
        Securities not theretofore delivered to the Trustee for cancellation, for principal and interest to the date of such deposit (in the case of Securities which have become due and payable on or prior to the date of such deposit) or to the Stated
        Maturity or redemption date, as the case may be;

     

    

    
      
          

      

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

     

    (c)           the Company has delivered to the Trustee an Officers'
        Certificate and an Opinion of Counsel, each meeting the applicable requirements of Sections 10.04 and 10.05 and each stating that all conditions precedent herein relating to the satisfaction and discharge of this Indenture have been complied with
        and the Trustee receives written demand from the Company to discharge.

     

    Notwithstanding the satisfaction and discharge of this Indenture, the
        obligations of the Company to the Trustee under Section 7.07, and, if money shall have been deposited with the Trustee pursuant to clause (a) of this Section, the provisions of Sections 2.04, 2.07, 2.08, 8.01 8.02 and 8.05 shall survive.

     

    SECTION 8.02.  Application
          of Trust Funds; Indemnification.

     

    (a)           Subject to the provisions of Section 8.05, all money deposited
        with the Trustee pursuant to Section 8.01, all money and U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.03 or 8.04 and all money received by the Trustee in respect of U.S. Government
        Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.03 or 8.04, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either
        directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or
        received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Sections 8.03 or 8.04.

     

    (b)           The Company shall pay and shall indemnify the Trustee and the
        Agents against any tax, fee or other charge imposed on or assessed against U.S. Government Obligations or Foreign Government Obligations deposited pursuant to Sections 8.03 or 8.04 or the interest and principal received in respect of such
        obligations other than any payable by or on behalf of Holders.

     

    (c)           The Trustee shall, in accordance with the terms of this
        Indenture, deliver or pay to the Company from time to time, upon Company Request and at the expense of the Company any U.S. Government Obligations or Foreign Government Obligations or money held by it pursuant to this Indenture as provided in
        Sections 8.03 or 8.04 which, in the opinion of a nationally recognized firm of independent certified public accountants, expressed in a written certification thereof and delivered to the Trustee together with such Company Request, are then in
        excess of the amount thereof which then would have been required to be deposited for the purpose for which such U.S. Government Obligations or Foreign Government Obligations or money were deposited or received.  This provision shall not authorize
        the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held under this Indenture.

     

    

    
      
          

      

      
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    SECTION 8.03.  Legal Defeasance of
          Securities of any Series.

     

    Unless this Section 8.03 is otherwise specified, pursuant to Section 2.02(s),
        to be inapplicable to Securities of any Series, the Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Securities of such Series on the [   ] day after the date of the deposit referred to in
        subparagraph (d) hereof, and the provisions of this Indenture, as it relates to such outstanding Securities of such Series, shall no longer be in effect (and the Trustee, at the expense of the company, shall, at Company Request, execute proper
        instruments acknowledging the same), except as to:

     

    (a)           the rights of Holders of Securities of such Series to receive,
        from the trust funds described in subparagraph (d) hereof, (i) payment of the principal of and each installment of principal of and interest on the outstanding Securities of such Series on the Stated Maturity of such principal or installment of
        principal or interest and (ii) the benefit of any mandatory sinking fund payments applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with the terms of this Indenture and the Securities of
        such Series;

     

    (b)           the provisions of Sections 2.04, 2.07, 2.08, 2.14, 8.02, 8.03
        and 8.05; and

     

    (c)           the rights, powers, trust and immunities of the Trustee
        hereunder; provided that, the following conditions shall have been satisfied:

     

    (d)           the Company shall have deposited or caused to be deposited
        irrevocably with the Paying Agent as trust funds in trust for the purpose of making the following payments, specifically pledged as security for and dedicated solely to the benefit of the Holders of such Securities in the case of Securities of such
        Series denominated in Dollars, cash in Dollars (or such other money or currencies as shall then be legal tender in the United States) and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign
        Currency (other than a composite currency), money and/or Foreign Government Obligations, which through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without reinvestment and assuming no
        tax liability will be imposed on such Paying Agent), not later than [   ] day before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in
        a written certification thereof delivered to the Trustee and the Paying Agent, to pay and discharge each installment of principal (including mandatory sinking fund or analogous payments) of and interest, if any, on all the Securities of such Series
        on the dates such installments of interest or principal are due;

     

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

     

    (f)           no Default or Event of Default with respect to the Securities of
        such Series shall have occurred and be continuing on the date of such deposit or during the period ending on the [    ] day after such date;

     

    (g)           the Company shall have delivered to the Trustee an Officers'
        Certificate and an Opinion of Counsel to the effect that (i) the Company has received from, or there has

     

    

    
      
          

      

      
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    been published by, the Internal Revenue Service a ruling, or (ii) since
        the date of execution of this Indenture, there has been a change in the applicable Federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the Securities of such Series
        will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject to Federal income tax on the same amount and in the same manner and at the same times as would have
        been the case if such deposit, defeasance and discharge had not occurred;

     

    (h)           the Company shall have delivered to the Trustee an Officers'
        Certificate stating that the deposit was not made by the Company with the intent of preferring the Holders of the Securities of such Series over any other creditors of the company or with the intent of defeating, hindering, delaying or defrauding
        any other creditors of the Company;

     

    (i)           such deposit shall not result in the trust arising from such
        deposit constituting an investment company (as defined in the Investment Company Act of 1940, as amended), or such trust shall be qualified under such Act or exempt from regulation thereunder; and

     

    (j)           the Company shall have delivered to the Trustee an Officers'
        Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for relating to the defeasance contemplated by this Section have been complied with.

     

    SECTION 8.04.  Covenant
          Defeasance.

     

    Unless this Section 8.04 is otherwise specified pursuant to Section 2.02(s) to
        be inapplicable to Securities of any Series, on and after the [    ] day after the date of the deposit referred to in subparagraph (a) hereof, the Company may omit to comply with any term, provision or condition set forth under Sections 4.02, 4.03,
        4.04, 4.05, 4.06, and 5.01 as well as any additional covenants contained in a supplemental indenture hereto for a particular Series of Securities or a Board Resolution or an Officers' Certificate delivered pursuant to Section 2.02(s) (and the
        failure to comply with any such covenants shall not constitute a Default or Event of Default under Section 6.01) and the occurrence of any event described in clause (e) of Section 6.01 shall not constitute a Default or Event of Default hereunder,
        with respect to the Securities of such Series, provided that the following conditions shall have been satisfied:

     

    (a)           With reference to this Section 8.04, the Company has deposited
        or caused to be irrevocably deposited (except as provided in Section 8.02(c)) with the Paying Agent as trust funds in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities (i) in the
        case of Securities of such Series denominated in Dollars, cash in Dollars (or such other money or currencies as shall then be legal tender in the United States) and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series
        denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without
        reinvestment and assuming no tax liability will be imposed on such Paying Agent), not later than [   ] day before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent
        certified public accountants expressed in a written certification thereof delivered

     

    

    
      
          

      

      
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    to the Paying Agent, to pay principal and interest, if any, on and any
        mandatory sinking fund in respect of the Securities of such Series on the dates such installments of interest or principal are due;

     

    (b)           Such deposit will not result in a breach or violation of, or
        constitute a default under, this Indenture or any other agreement or instrument to which the Company is a party or by which it is bound;

     

    (c)           No Default or Event of Default with respect to the Securities of
        such Series shall have occurred and be continuing on the date of such deposit or during the period ending on the [    ] day after such date;

     

    (d)           the company shall have delivered to the Trustee an Opinion of
        Counsel confirming that Holders of the Securities of such Series will not recognize income, gain or loss for federal income tax purposes as a result of such deposit and 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 deposit and defeasance had not occurred;

     

    (e)           the Company shall have delivered to the Trustee an Officers'
        Certificate stating the deposit was not made by the Company with the intent of preferring the Holders of the Securities of such Series over any other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding any
        other creditors of the Company; and

     

    (f)           The Company shall have delivered to the Trustee an Officers'
        Certificate and an Opinion of Counsel, each stating that all conditions precedent herein provided for relating to the defeasance contemplated by this Section have been complied with.

     

    SECTION 8.05.  Repayment
          to Company.

     

    The Paying Agent shall pay to the Company upon request any money held by them
        for the payment of principal and interest that remains unclaimed for two years.  After that, Securityholders entitled to the 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 Paying Agent with respect to that money shall cease.

     

    

    

    ARTICLE IX

    

     

    AMENDMENTS AND WAIVERS

     

    SECTION 9.01.  Without
          Consent of Holders.

     

    The Company and the Trustee may amend or supplement this Indenture or the
        Securities of one or more Series without the consent of any Securityholder:

     

    (a)           to cure any ambiguity, defect or inconsistency;

     

    (b)           to comply with Article V;

     

    

    
      
          

      

      
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    (c)           to provide for uncertificated Securities in addition to or in
        place of certificated Securities;

     

    (d)           to make any change that does not adversely affect the rights of
        any Securityholder;

     

    (e)           to provide for the issuance of and establish the form and terms
        and conditions of Securities of any Series as permitted by this Indenture;

     

    (f)           to evidence and provide for the acceptance of appointment
        hereunder by a successor Trustee with respect to the Securities of one or more Series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by
        more than one Trustee;

     

    (g)           to comply with requirements of the TIA and any rules promulgated
        under the TIA; and

     

    (h)           to add to the covenants of the Company for the equal and ratable
        benefit of the Holders or to surrender any right, power or option conferred upon the Company.

     

    Any amendment or supplement made solely to conform the provisions of this
        Indenture or the Securities of any Series to the description thereof contained in the final prospectus relating to such Series will be deemed not to adversely affect the rights of any Holder.

     

    SECTION 9.02.  With
          Consent of Holders.

     

    The Company and the Trustee may enter into a supplemental indenture with the
        written consent of the Holders of at least a majority in principal amount of the outstanding Securities of all Series affected by such supplemental indenture, taken together as one class (including consents obtained in connection with a tender
        offer or exchange offer for the Securities of such Series), for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner
        the rights of the Securityholders of each such Series.  Except as provided in Section 6.13, the Holders of at least a majority in principal amount of the outstanding Securities of all Series affected by such waiver by notice to the Trustee, taken
        together as one class (including consents obtained in connection with a tender offer or exchange offer for the Securities of such Series) may waive compliance by the Company with any provision of this Indenture or the Securities with respect to
        such Series.

     

    It shall not be necessary for the consent of the Holders of Securities under
        this Section 9.02 to approve the particular form of any proposed supplemental indenture or waiver, but it shall be sufficient if such consent approves the substance thereof.  After a supplemental indenture or waiver under this section becomes
        effective, the Company shall mail to the Holders of Securities affected thereby a notice briefly describing the supplemental indenture or waiver.  Any failure by the Company to mail or publish such notice, or any defect therein, shall not, however,
        in any way impair or affect the validity of any such supplemental indenture or waiver.

     

    

    
      
          

      

      
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    SECTION 9.03.  Limitations.

     

    Without the consent of each Securityholder affected, an amendment or waiver
        may not:

     

    (a)           change the amount of Securities whose Holders must consent to an
        amendment, supplement or waiver, except to increase any such amount or to provide that certain provisions of this Indenture cannot be modified, amended or waived without the consent of the Holder of each outstanding Security affected thereby;

     

    (b)           reduce the amount of interest, or change the interest payment
        time, on any Security;

     

    (c)           waive a redemption payment or alter the redemption provisions
        (other than any alteration that would not materially adversely affect the legal rights of any Holder under this Indenture) or the price at which the Company is required to offer to purchase the Securities;

     

    (d)           reduce the principal or change the Stated Maturity of any
        Security or reduce the amount of, or postpone the date fixed for, the payment of any sinking fund or analogous obligation;

     

    (e)           reduce the principal amount payable of any Security upon
        Maturity;

     

    (f)           waive a Default or Event of Default in the payment of the
        principal of or interest, if any, on any Security (except a rescission of acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the
        payment default that resulted from such acceleration);

     

    (g)           change the place or currency of payment of principal of or
        interest, if any, on any Security other than that stated in the Security;

     

    (h)           impair the right of any Holder to receive payment of principal
        or, or interest on, the Securities of such Holder on or after the due dates therefor;

     

    (i)            impair the right to institute suit for the enforcement of any
        payment on, or with respect to, any Security;

     

    (j)            make any change in Sections 10.15 or 10.16;

     

    (k)           change the ranking of the Securities; or

     

    (l)           make any other change which is specified in a Board Resolution,
        a supplemental indenture hereto or an Officers' Certificate as a limitation under this Section.

     

    SECTION 9.04.  Compliance
          with Trust Indenture Act.

     

    Every amendment to this Indenture or the Securities of one or more Series
        shall be set forth in a supplemental indenture hereto that complies with the TIA as then in effect.

     

    

    
      
          

      

      
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    SECTION 9.05.  Revocation and Effect
          of Consents.

     

    Until an amendment or waiver becomes effective, a consent to it by a Holder of
        a Security is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder's Security, even if notation of the consent is not made on any
        Security.  However, any such Holder or subsequent Holder may revoke the consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective.

     

    Any amendment or waiver once effective shall bind every Securityholder of each
        Series affected by such amendment or waiver unless it is of the type described in any of clauses (a) through (g) of Section 9.03 in that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent
        Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder's Security.

     

    SECTION 9.06.  Notation
          on or Exchange of Securities.

     

    If an amendment, supplement or waiver changes the terms of a Security, the
        Trustee may require the Holder of the Security to deliver it to the Trustee and the Trustee may place an appropriate notation on the Security about the changed terms and return it to the Holder.  Alternatively, if the Company or the Trustee so
        determines, the Company shall issue and the Trustee shall authenticate upon request new Securities of that Series that reflect the changed terms.

     

    SECTION 9.07.  Trustee
          Protected.

     

    In executing, or accepting the additional trusts created by, any supplemental
        indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.01) shall be fully protected in relying upon, an Opinion of Counsel or an
        Officer's Certificate, or both stating that the execution of such supplemental indenture is authorized or permitted by this Indenture.  The Trustee shall sign all supplemental indentures, except that the Trustee need not sign any supplemental
        indenture that adversely affects its rights, duties or indemnities.

     

    SECTION 9.08.  Effect
          of Supplemental Indenture.

     

    Upon the execution of any supplemental indenture under this Article, this
        Indenture shall be modified in accordance therewith, and each such supplemental indenture shall form part of this Indenture for all purposes with respect to the relevant Series; and every Holder of Securities of the relevant Series theretofore or
        thereafter authenticated and delivered hereunder shall be bound thereby.

     

    

    
      
          

      

      
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    ARTICLE X

    

    

    MISCELLANEOUS

     

     

    SECTION 10.01.  Trust
          Indenture Act Controls.

     

    If any provision of this Indenture limits, qualifies, or conflicts with
        another provision which is required or deemed to be included in this Indenture by the TIA, such required or deemed provision shall control.

     

    SECTION 10.02.  Notices.

     

    Any notice or communication by the Company, the Trustee, the Paying Agent or
        the Registrar to another is duly given if in writing and delivered in person or mailed by first-class mail:

     

    if to the Company:

     

    FRONTLINE LTD

    Par-la-Ville Place

    14 Par-la-Ville Road

    Hamilton, HM 08

    Bermuda

    

    

    if to the Trustee:

     

    [                                ]

    Attn: [                      ]

    Fax:   [                      ]

     

    if to the Registrar or Paying Agent:

     

    [                                ]

    Attn: [                      ]

    Fax:   [                      ]

    

    

    with copy to:

    

    

    [                                ]

    Attn: [                      ]

    Fax: [                        ]

    

    

    The Company, the Trustee and each Agent by notice to each other may designate
        additional or different addresses for subsequent notices or communications.

     

    Any notice or communication to a Securityholder shall be mailed by first-class
        mail to his address shown on the register kept by the Registrar.  Failure to mail a notice or

     

     

    
      
          

      

      
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     communication to a Securityholder of any Series or any defect in it shall
        not affect its sufficiency with respect to other Securityholders of that or any other Series.

     

    If a notice or communication is mailed or published in the manner provided
        above, within the time prescribed, it is duly given, whether or not the Securityholder receives it.

     

    If the company mails a notice or communication to Securityholders, it will
        mail a copy to the Trustee and each Agent at the same time.

     

    Whenever a notice is required to be given by the Company, such notice may be
        given by the Trustee or Registrar on the Company's behalf (and the Company will make any notice it is required to give to Holders available on its website).

     

    SECTION 10.03.  Communication
          by Holders with Other Holders.

     

    Securityholders of any Series may communicate pursuant to TIA Section 312(b)
        with other Securityholders of that Series or any other Series with respect to their rights under this Indenture or the Securities of that Series or all Series.  The Company, the Trustee, the Registrar and anyone else shall have the protection of
        TIA Section 312(c).

     

    SECTION 10.04.  Certificate
          and Opinion as to Conditions Precedent.

     

    Upon any request or application by the Company to the Trustee to take any
        action under this Indenture, the Company shall furnish to the Trustee:

     

    (a)           an Officers' Certificate stating that, in the opinion of the
        signers, all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and

     

    (b)           an Opinion of Counsel stating that, in the opinion of counsel,
        all such conditions precedent (including any covenants, compliance with which constitutes a condition precedent) have been complied with.

     

    SECTION 10.05.  Statements
          Required in Certificate or Opinion.

     

    Each certificate or opinion with respect to compliance with a condition or
        covenant provided for in this Indenture (other than a certificate provided pursuant to TIA Section 314(a)(4)) shall comply with the provisions of TIA Section 314(e) and shall include:

     

    (a)           a statement that the person making such certificate or opinion
        has read such covenant or condition;

     

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

     

     

    
      
          

      

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

     

    (d)           a statement as to whether or not, in the opinion of such person,
        such condition or covenant has been complied with. 

     

    provided, however,
        that with respect to matters of fact an Opinion of Counsel may rely on an Officers' Certificate or certificates of public officials.

     

    SECTION 10.06.  Record
          Date for Vote or Consent of Holders.

     

    The Company (or, in the event deposits have been made pursuant to
        Section 11.02, the Trustee) may set a record date for purposes of determining the identity of Holders entitled to vote or consent to any action by vote or consent authorized or permitted under this Indenture, which record date shall not be more
        than [  ] days prior to the date of the commencement of solicitation of such action.  Notwithstanding the provisions of Section 9.05, if a record date is fixed, those persons who were Holders of Securities at the close of business on such record
        date (or their duly designated proxies), and only those persons, shall be entitled to take such action by vote or consent or to revoke any vote or consent previously given, whether or not such persons continue to be Holders after such record date.

     

    SECTION 10.07.  Rules
          by Trustee and Agents.

     

    The Trustee may make reasonable rules for action by or a meeting of
        Securityholders of one or more Series.  Any Agent may make reasonable rules and set reasonable requirements for its functions.

     

    SECTION 10.08.  Legal
          Holidays.

     

    Unless otherwise provided by Board Resolution, Officers' Certificate or
        supplemental indenture for a particular Series, a "Legal Holiday" is any day that is not a Business Day.  If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal
        Holiday, and no interest shall accrue for the intervening period.

     

    SECTION 10.09.  No
          Recourse Against Others.

     

    A director, officer, employee or stockholder, as such, of the Company shall
        not have any liability for any obligations of the Company under the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation.  Each Securityholder by accepting a Security waives and
        releases all such liability.  The waiver and release are part of the consideration for the issue of the Securities.

     

    SECTION 10.10.  Counterparts.

     

     

    
      
          

      

      
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    This Indenture may be executed in any number of counterparts and by the
        parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.

    

    SECTION 10.11.  Governing Laws and
          Submission to Jurisdiction.

     

    THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY THE LAWS OF THE STATE
        OF NEW YORK EXCLUDING ANY RULE OF LAW THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF NEW YORK.

     

    The Company agrees that any legal suit, action or proceeding arising out of or
        based upon this Indenture may be instituted in any federal or state court sitting in New York City, and, to the fullest extent permitted by law, waives any objection which it may now or hereafter have to the laying of venue of any such proceeding,
        and irrevocably submits to the non-exclusive jurisdiction of such court in any suit, action or proceeding.  The Company, as long as any Securities remain outstanding or the parties hereto have any obligation under this Indenture, shall have an
        authorized agent in the United States upon whom process may be served in any such legal action or proceeding. Service of process upon such agent and written notice of such service mailed or delivered to it shall to the extent permitted by law be
        deemed in every respect effective service of process upon it in any such legal action or proceeding and, if it fails to maintain such agent, any such process or summons may be served by mailing a copy thereof by registered mail, or a form of mail
        substantially equivalent thereto, addressed to it at its address as provided for notices hereunder. The Company hereby appoints Seward & Kissel LLP, One Battery Park Plaza, New York, NY,  10004, as its agent for such purposes, and covenants and
        agrees that service of process in any legal action or proceeding may be made upon it at such office of such agent.

    

    

    SECTION 10.12.  No
          Adverse Interpretation of Other Agreements.

     

    This Indenture may not be used to interpret another indenture, loan or debt
        agreement of the Company or a Subsidiary.  Any such indenture, loan or debt agreement may not be used to interpret this Indenture.

     

    SECTION 10.13.  Successors.

     

    All agreements of the Company in this Indenture and the Securities shall bind
        its successor.  All agreements of the Trustee in this Indenture shall bind its successor.

     

    SECTION 10.14.  Severability.

     

    In case any provision in this Indenture or in the Securities 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 10.15.  Table
          of Contents, Headings, Etc.

     

     

    
      
          

      

      
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    The Table of Contents, Cross Reference Table, and headings of the Articles and
        Sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.

    

    SECTION 10.16.  Securities in a
          Foreign Currency or in ECU.

     

    Unless otherwise specified in a Board Resolution, a supplemental indenture
        hereto or an Officers' Certificate delivered pursuant to Section 2.02 of this Indenture with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in
        aggregate principal amount of Securities of all Series or all Series affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in a coin or currency other than
        Dollars (including ECUs), then the principal amount of Securities of such Series which shall be deemed to be outstanding for the purpose of taking such action shall be that amount of Dollars that could be obtained for such amount at the Market
        Exchange Rate at such time.  For purposes of this Section 10.16, "Market Exchange Rate" shall mean the noon Dollar buying rate in New York City for cable transfers of that currency as published by the Federal Reserve Bank of New York; provided,
        however, in the case of ECUs, Market Exchange Rate shall mean the rate of exchange determined by the Commission of the European Union (or any successor thereto) as published in the Official Journal of the European Union (such publication or any
        successor publication, the "Journal").  If such Market Exchange Rate is not available for any reason with respect to such currency, the Trustee shall use, without liability on its part, such quotation of the Federal Reserve Bank of New York or, in
        the case of ECUs, the rate of exchange as published in the Journal, as of the most recent available date, or quotations or, in the case of ECUs, rates of exchange from one or more major banks in The City of New York or in the country of issue of
        the currency in question or, in the case of ECUs, in Luxembourg or such other quotations or, in the case of ECUs, rates of exchange as the Trustee, upon consultation with the Company, shall deem appropriate.  The provisions of this paragraph shall
        apply in determining the equivalent principal amount in respect of Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture.

     

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

     

    SECTION 10.17.  Judgment
          Currency.

     

    The Company agrees, to the fullest extent that it may effectively do so under
        applicable law, that (a) if for the purpose of obtaining judgment in any court it is necessary to convert the sum due in respect of the principal of or interest or other amount on the Securities of any Series (the "Required Currency") into a
        currency in which a judgment will be rendered (the "Judgment Currency"), the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with
        the Judgment Currency on the day on which final unappealable judgment is 

     

     

    
      
          

      

      
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    entered, unless such day is not a New York Banking Day, then, the rate of
        exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the New York Banking Day preceding the day on which final
        unappealable judgment is entered and (b) its obligations under this Indenture to make payments in the Required Currency (i) shall not be discharged or satisfied by
        any tender, any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the actual receipt, by
        the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in the Required Currency the amount,
        if any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable, and (iii) shall not be affected by judgment being obtained for any other sum due under this Indenture.  For purposes of
        the foregoing, "New York Banking Day" means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close.

     

    
      SECTION 10.18.  Compliance with Applicable Anti-Terrorism and Money Laundering Regulations.

    

     

    In order to comply with the laws, rules, regulations and executive orders in
        effect from time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering ("Applicable Law"), the Trustee is required to obtain, verify and record certain information relating
        to individuals and entities which maintain a business relationship with the Trustee.  Accordingly, each of the parties agree to provide to the Trustee, upon its request from time to time such identifying information and documentation as may be
        available for such party in order to enable the Trustee to comply with the Applicable Law.

     

    ARTICLE XI

    

     

    SINKING FUNDS

     

    SECTION 11.01.  Applicability
          of Article.

     

    The provisions of this Article shall be applicable to any sinking fund for the
        retirement of the Securities of a Series, except as otherwise permitted or required by any form of Security of such Series issued pursuant to this Indenture.

     

    The minimum amount of any sinking fund payment provided for by the terms of
        the Securities of any Series is herein referred to as a "mandatory sinking fund payment" and any other amount provided for by the terms of Securities of such Series is herein referred to as an "optional sinking fund payment." If provided for by the
        terms of Securities of any Series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 11.02.  Each sinking fund payment shall be applied to the redemption of Securities of any Series as provided for by
        the terms of the securities of such Series.

     

     

    
      
          

      

      
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    SECTION 11.02.  Satisfaction
          of Sinking Fund Payments with Securities.

     

    The Company may, in satisfaction of all or any part of any sinking fund
        payment with respect to the Securities of any Series to be made pursuant to the terms of such Securities (1) deliver outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities
        previously called for mandatory sinking fund redemption) and (2) apply as credit Securities of such Series to which such sinking fund payment is applicable and
        which have been redeemed either at the election of the Company pursuant to the terms of such Series of Securities (except pursuant to any mandatory sinking fund) or through the application of permitted optional sinking fund payments or other
        optional redemptions pursuant to the terms of such Securities, provided that such Securities have not been previously so credited.  Such Securities shall be received by the Registrar, together with an Officers' Certificate with respect thereto, not
        later than [  ] days prior to the date on which the Registrar begins the process of selecting Securities for redemption, and shall be credited for such purpose by the Registrar at the price specified in such Securities for redemption through
        operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.  If as a result of the delivery or credit of Securities in lieu of cash payments pursuant to this Section 11.02, the principal amount of
        Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than $[              ], the Registrar need not call Securities of such Series for redemption, except upon receipt of a Company Order that such
        action be taken, and such cash payment shall be held by the Paying Agent and applied to the next succeeding sinking fund payment, provided, however, that the Paying Agent shall from time to time upon receipt of a Company Order pay over and deliver
        to the Company any cash payment so being held by the Paying Agent upon delivery by the Company to the Registrar of Securities of that Series purchased by the Company having an unpaid principal amount equal to the cash payment required to be
        released to the Company.

     

    SECTION 11.03.  Redemption
          of Securities for Sinking Fund.

     

    Not less than [  ] days (unless otherwise indicated in the Board Resolution,
        supplemental indenture hereto or Officers' Certificate in respect of a particular Series of Securities) prior to each sinking fund payment date for any Series of Securities, the Company will deliver to the Trustee and the Paying Agent an Officers'
        Certificate specifying the amount of the next ensuing mandatory sinking fund payment for that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any,
        which is to be satisfied by delivering and crediting of Securities of that Series pursuant to Section 11.02., and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Company shall thereupon
        be obligated to pay the amount therein specified.  Not less than [  ] days (unless otherwise indicated in the Board Resolution, Officers' Certificate or supplemental indenture in respect of a particular Series of Securities) before each such
        sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 3.02 and cause notice of the redemption thereof to be given in the name of and at the expense of
        the Company in the manner provided in Section 3.03.  Such notice having been duly given, the redemption of such Securities shall stated in Sections 3.04, 3.05 and 3.06.

     

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

     

    

    

    

    

    

    

    

    

    FRONTLINE LTD

    

    

    

    

    By:__________________________

    

    

    Name:

    Its:

    

    

    

    

    [                ]

    as Trustee

    

    

    By:__________________________

    

    

    Name:

    Its:

    

    

    

    

    By:__________________________

    

    

    Name:

    Its:

    

    

    

    

    [                   ]

    as Registrar and Paying Agent

    

    

    

    

    By:__________________________

    

    

    Name:

    Its:

    

    

    

    

    By:__________________________

    

    

    Name:

    Its:

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