Document:

Exhibit 4.3

 

 

Second
SUPPLEMENTAL INDENTURE

 

THIS Second
SUPPLEMENTAL INDENTURE, dated as of September 18, 2020, between Masco Corporation, a Delaware corporation (the “Company”),
and The Bank of New York Mellon Trust Company, N.A. (the “Trustee”), as successor trustee. All capitalized terms used
in this Second Supplemental Indenture and not otherwise defined herein have the meanings assigned to such terms in the Base Indenture
(as defined below).

 

WHEREAS,
the Company entered into an Indenture dated as of February 12, 2001 with the Trustee, as supplemented by that certain First Supplemental
Indenture dated as of November 30, 2006 (together, the “Base Indenture,” and together with this Second Supplemental
Indenture, referred to herein as the “Indenture”);

 

WHEREAS,
Section 9.01 of the Base Indenture provides that without the consent of the Holders of the Securities of any series issued under
the Base Indenture, the Company, when authorized by a Board Resolution, and the Trustee may, in certain circumstances, enter into
one or more indentures supplemental to the Base Indenture;

 

WHEREAS,
the Company has, prior to the date hereof, established and issued series of Securities pursuant to the terms of the Base Indenture;

 

WHEREAS,
the Company has established and authorized the issuance of a series of Securities designated as the “2.000% Notes due 2030”
(the “2030 Notes”) pursuant to the terms of the Base Indenture, as supplemented by this Second Supplemental Indenture;

 

WHEREAS,
on and following the date hereof, the Company proposes to establish and issue further series of Securities pursuant to the terms
of the Base Indenture (such further series of Securities being referred to herein as the “Future Senior Notes”) and
desires to modify Section 11.04 of the Base Indenture in connection with the issuance of the 2030 Notes and the establishment
and issuance of any Future Senior Notes;

 

WHEREAS,
the entry into this Second Supplemental Indenture by the parties hereto is in all respect authorized by the provisions of the
Base Indenture; and

 

WHEREAS,
all conditions necessary to authorize the execution and delivery of this Second Supplemental Indenture and to make it a valid
and binding obligation of the Company have been done or performed;

 

NOW, THEREFORE,
the parties agree as follows:

 

1.       The
Base Indenture is hereby amended solely with respect to the 2030 Notes and any and all Future Senior Notes as follows:

 

(a)The
first sentence of Section 11.04 of the Base Indenture is amended and restated to read as follows:

 

“Notice
of redemption shall be given, (i) in the case of Securities in global form, in accordance with the procedures of the Depositary
or (ii) in the case of physical securities,

 

      

     

    

by first-class mail,
postage prepaid, mailed to each Holder of Securities to be redeemed at the address appearing in the Security Register, in each
case not less than 10 nor more than 60 days prior to the Redemption Date.”

 

(b)Section
1.14 is amended and restated in its entirety to read as follows:

 

“This
instrument may be executed in any number of counterparts (which may include counterparts delivered by any standard form of telecommunication),
each of which shall be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.
Notwithstanding any other provision in this Indenture, any reference to “manual signature,” “facsimile signature,”
“execution,” “signed” and words of like import in this Indenture or in any other certificate, agreement,
or document related to this Indenture shall include images of manually executed signatures transmitted by facsimile or other electronic
format (including, without limitation, “pdf,” “tif” or “jpg”) and other electronic signatures
(including, without limitation, DocuSign and AdobeSign). The use of electronic signatures and electronic records (including, without
limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall
be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping
system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce
Act, the New York State Electronic Signatures and Records Act and any other applicable law, including, without limitation, any
state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code. For the avoidance of doubt, this Section
1.14 shall apply to the Trustee’s authentication of the Securities.”

 

(c)Any
provision contained in the form of Securities that relates to any provision of the Base Indenture, as amended, is likewise amended
so that any such provision contained in the Securities will conform to and be consistent with the provisions of the Base Indenture
as amended.

 

2.       As
supplemented hereby, the Base Indenture is in all respects ratified and confirmed, and the Base Indenture and this Second Supplemental
Indenture shall be read, taken and construed as one and the same instrument.

 

3.       In
the event of a conflict between the terms and conditions of the Base Indenture and the terms and conditions of this Second Supplemental
Indenture, then the terms and conditions of this Second Supplemental Indenture shall prevail; provided that if
and to the extent that any provision of this Second Supplemental Indenture limits, qualifies or conflicts with another provision
which is required to be included herein or in the Base Indenture by the Trust Indenture Act of 1939, as amended, such required
provision shall control.

 

4.       This
Second Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New York.

 

5.       This
Second Supplemental Indenture may be simultaneously executed in any number of counterparts (which may include counterparts delivered
by any standard form of telecommunication), each of which shall be deemed to be an original, and such counterparts shall

 

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together constitute
but one and the same instrument. Notwithstanding any other provision in this Second Supplemental Indenture, any reference to “manual
signature,” “facsimile signature,” “execution,” “signed” and words of like import in
this Second Supplemental Indenture or in any other certificate, agreement, or document related to this Second Supplemental Indenture
shall include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation,
“pdf,” “tif” or “jpg”) and other electronic signatures (including, without limitation, DocuSign
and AdobeSign). The use of electronic signatures and electronic records (including, without limitation, any contract or other
record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity
and enforceability as a manually executed signature or use of a paper-based record-keeping system to the fullest extent permitted
by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic
Signatures and Records Act and any other applicable law, including, without limitation, any state law based on the Uniform Electronic
Transactions Act or the Uniform Commercial Code.

 

6.        The
recitals contained herein shall be taken as statements of the Company, and the Trustee assumes no responsibility for the correctness
of such statements. The Trustee makes no representation as to the validity of this Second Supplemental Indenture. The Trustee
assumes no duties, responsibilities or liabilities by reason of this Second Supplemental Indenture other than as set forth in
the Base Indenture and in this Second Supplemental Indenture.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

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IN WITNESS
WHEREOF, the parties have caused this Second Supplemental Indenture to be executed and acknowledged as of the date first written
above.

 

 

	MASCO CORPORATION
	 
	 
	By:	/s/
John G. Sznewajs

	Name:	John G. Sznewajs
	Title:	Vice President, 

    Chief Financial Officer

 

     

     

    

	THE
        BANK OF NEW YORK MELLON

        TRUST COMPANY, N.A., as Trustee

         

	 
	 
	By:	/s/
Shannon Matthews

	Name:	Shannon Matthews
	Title:	Vice PresidentExhibit 4.1

 

DESCRIPTION OF SECURITIES

 

The following summary of the terms of
our capital stock is based upon our Restated Articles of Incorporation (the “Articles of Incorporation”) and our Amended
and Restated Bylaws (the “Bylaws”). The summary is not complete, and is qualified by reference to our Articles
of Incorporation and our Bylaws, which are exhibits incorporated by reference into our Annual Report on Form 10-K. We
encourage you to read our Articles of Incorporation, our Bylaws and the applicable provisions of the Nevada Revised Statutes for
additional information.

 

Authorized Shares of Capital Stock

 

Our authorized capital stock consists of
50,000,000 shares of common stock, $0.001 par value, and 10,000,000 shares of preferred stock.

 

Market

Our common stock is traded on the OTCBQ under the symbol “FKWL”.

 

Voting Rights

Each holder of shares of our common stock
is entitled to one (1) vote for each share held of record by such holder on the applicable record date on all matters submitted
to a vote of shareholders. Pursuant to our Articles of Incorporation, shareholders do not have the right to vote cumulatively.

 

Dividend Rights

Subject to any preferential dividend rights
granted to the holders of any shares of our preferred stock that may at the time be outstanding, holders of our common stock are
entitled to receive dividends as may be declared from time to time by our board of directors out of funds legally available therefor.

 

Rights upon Liquidation

Subject to any preferential rights of outstanding
shares of preferred stock, holders of our common stock are entitled to share pro rata, upon any liquidation or dissolution, in
all remaining assets legally available for distribution to shareholders.

 

Other Rights and Preferences

Our common stock has no sinking fund, redemption
provisions, or preemptive, conversion, or exchange rights.

 

Certain Anti-Takeover Effects

Certain provisions of our Articles of Incorporation and Bylaws
may be deemed to have an anti-takeover effect.

 

Advance Notice Requirements for Shareholder
Proposals and Director Nominations. Our Bylaws provide advance notice procedures for shareholders seeking to bring business
before our annual meeting of shareholders or to nominate candidates for election as directors at our annual meeting of shareholders
and specify certain requirements regarding the form and content of a shareholder’s notice. These provisions might preclude
our shareholders from bringing matters before our annual meeting of shareholders or from making nominations for directors at our
annual meeting of shareholders if the proper procedures are not followed.

 

Additional Authorized Shares of Capital
Stock. The additional shares of authorized common stock and preferred stock available for issuance under our Articles
of Incorporation, could be issued at such times, under such circumstances and with such terms and conditions as to impede a change
in control.

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