Document:

AMENDED AND RESTATED EMPLOYMENT AGREEMENT

EXECUTIVE CONSULTING AGREEMENT

    THIS EXECUTIVE CONSULTING AGREEMENT (this "Agreement"), entered into this 8th day of September, 2008 by and between Probe Manufacturing, Inc., a Nevada corporation (hereinafter the "Company"), and Barrett Evans, (hereinafter "Evans"). 

RECITALS

WHEREAS, the Board of Directors of the Company believe that a change in management would help to further the progress of the Company;

WHEREAS, the Company, wishes to retain Evans as interim-CEO upon the terms and conditions put forth in this Agreement upon the Commencement Date (the “Commencement Date”). 

    NOW, THEREFORE, the Company and Evans agree as follows: 

ARTICLE I

TERM OF AGREEMENT

A.

Commencement Date.  The terms of this Agreement shall govern Evans' employment with the Company immediately upon execution of this Agreement and this Agreement shall expire and terminate one year from the Commencement Date, unless terminated earlier pursuant to Article 6.

B.

Term.  The term of this Agreement shall be for one (1) year.

ARTICLE II

EMPLOYMENT DUTIES

A.

Title/Responsibilities.  Evans hereby accepts employment with the Company pursuant to the terms and conditions hereof as of the Commencement Date. Evans agrees to serve the Company in the position of “Interim-Chief Executive Officer”.  Evans shall report to the Board of Directors of the Company (the “Board”). Evans shall have the powers and duties commensurate with such position, including but not limited to, hiring personnel necessary to carry out the responsibilities for such position, allocating Company capital, etc.

B.

Time.  Evans shall devote such time and attention to the performance of the services customarily incident to such office and to such other services as the Board may reasonably request.  Evans may also serve on the Boards of Directors, perform services and be in the employ of other companies.

C.

Directorships.  Evans shall continue as a Director of the Company's Board of Directors and at the pleasure of the Company's stockholders.

ARTICLE III

COMPENSATION

C.

Base Salary.  Evans shall receive a Base Salary at an annual rate of One Hundred Seventy Five Thousand Dollars ($175,000), payable on the 1st and 15th of the month.  All compensation payable to Evans hereunder shall be paid on an independent contractor basis.

D.

Achievement Bonus.  The Company shall pay Evans an Achievement Bonus based upon achievement by the Company of its corporate goals as established and determined by the Board annually and for other achievements by the Company or Evans during the year as approved by the Compensation Committee of the Board. The Board or Compensation Committee, as applicable, shall, in their respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred.

E.

Transaction Bonus.   In the event of a transaction involving a Change in Control approved by the Company's Board of Directors, which transaction results in the receipt by the Company's stockholders of consideration with a value representing, in the sole judgment of the Board of Directors, a significant premium over the price per share of the Company's stock as determined 20 days ending one day prior to the public announcement of such transaction (a "Change in Control Transaction"), Evans shall be paid a Transaction Bonus at the closing of such a material transaction in the amount established in the Schedule herein.  Payment of the Transaction Bonus to Evans shall occur within 30 days of the closing of such transaction.

Evans will receive a Transaction Bonus equal of one and one half percent (1.5%) of the associated value of the Change of Control Event when the associated value of the Change of Control Event.

Evans shall also be paid a Transaction Bonus of one and one half percent (1.5%) of the associated value of a transaction approved by the Board of Directors which is not a Change in Control Transaction, but which, nonetheless, involves a significant change in the ownership of the Company or the composition of the Board of Directors of the Company, and which results in significant additional value for the Company's stockholders, or which results in significant value for the Company’s stockholders, as determined by the Board of Directors in its sole discretion and as specifically designated a significant event by the Board of Directors (a "Significant Event").

If the Company enters into a transaction which is a Change in Control Transaction, then all of the Executive's stock options issued to Evans before the effective date of the transaction shall become exercisable in full and all of the shares of stock of the Company purchased by the Executive and awarded to Executive under the Company's Stock Option / Issuance Plan (the “Plan”) received before the effective date of the Change in Control Transaction shall become fully vested.

D.  One Time Performance Bonus.    Evans shall receive a one time performance bonus as an added incentive to increase the Company’s market capitalization within the contiguous twelve months following the Effective Date of this Agreement.  The Executive will receive a bonus equal to 2% of the increase of the Company’s market capitalization upon the Company’s market capitalization exceeding $20,000,000.  The market capitalization shall be equal to the closing price of the Company’s common stock, quoted on a major US exchange, multiplied by the number of common shares issued and outstanding.

ARTICLE IV

EXPENSE ALLOWANCES AND FRINGE BENEFITS

A.

Paid Time Off.  Executive shall be entitled to twenty (20) days, plus one (1) additional day for each completed year of employment with the Company, of annual paid time off during the term of this Agreement.

B.

Benefits.  During the term of this Agreement, the Company shall also provide Evans with the usual health insurance benefits it generally provides to its other senior management employees.

C.

 Business Expense Reimbursement.  During the term of this Agreement, Evans shall be entitled to receive proper reimbursement for all reasonable out-of-pocket expenses incurred by him (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided Executive properly accounts therefore.

D.

Business Class Travel.  During the term of this Agreement, Executive shall be entitled to Business Class air travel for all flights of three (3) hours duration or longer.

ARTICLE V

CONFIDENTIALITY

A.

Proprietary Information.  Executive represents and warrants that he is bound by the Company's standard Confidentiality Agreement.

B.

Return of Property.  All documents, records, apparatus, equipment and other physical property which is furnished to or obtained by Executive in the course of his employment with the Company shall be and remain the sole property of the Company. Executive agrees that, upon the termination of his employment, he shall return all such property (whether or not it pertains to Proprietary Information as defined in the Confidentiality, Inventions and Non-Solicitation Agreement, and agrees not to make or retain copies, reproductions or summaries of any such property.

ARTICLE VI

TERMINATION

A.

By Death.  The period of employment shall terminate automatically upon the death of Evans. In such event, the Company shall pay to Evans's beneficiaries or his estate, as the case may be, any accrued Base Salary, any bonus compensation to the extent earned, any vested deferred compensation (other than pension plan or profit-sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Company in which Evans is a participant to the full extent of Evans's rights under such plans, any accrued paid time off pay and any appropriate business expenses incurred by Evans in connection with his duties hereunder, all to the date of termination (collectively "Accrued Compensation"), but no other compensation or reimbursement of any kind, including, without limitation, severance compensation, and thereafter, the Company's obligations hereunder shall terminate.

B.

By Disability.  If Evans is prevented from properly performing his duties hereunder by reason of any physical or mental incapacity for a period of more than 90 days in the aggregate in any 365-day period, then, to the extent permitted by law, the Company may terminate the employment on the 90th day of such incapacity. In such event, the Company shall pay to Evans all Accrued Compensation, and shall continue to pay to Evans the Base Salary until such time (but not more than 90 days following termination), as Evans shall become entitled to receive disability insurance payments under the disability insurance policy maintained by the Company, which disability policy shall provide for full payment of Evans's Base Salary during the period of disability, but no other compensation or reimbursement of any kind, and thereafter the Company's obligations hereunder shall terminate. Nothing in this Section shall affect Evans's rights under any disability plan in which he is a participant.

C.

By Company for Cause.  The Company may terminate Evans's employment for Cause (as defined below) without liability at any time with or without advance notice to Evans. The Company shall pay Evans all Accrued Compensation, but no other compensation or reimbursement of any kind, including without limitation, severance compensation, and thereafter the Company's obligations hereunder shall terminate. Termination shall be for "Cause" in the event of the occurrence of any of the following: 

(i) Evans's continued and deliberate neglect of, willful misconduct in connection with the performance of or refusal to perform Evans's duties in accordance with, Article II of this Employment Agreement; or

(ii) the determination by the Company's Board of Directors that Evans has committed an act or acts constituting a felony or other act involving dishonesty, disloyalty or fraud; or

(iii) the determination by the Company's Board of Directors that Evans has engaged in willful misconduct that causes or is likely to cause a financial injury to the Company or any of its subsidiaries, including, without limitation, Evans's embezzlement of the funds of the Company or any of its subsidiaries or theft of the property of the Company or any of its subsidiaries or fraud against the Company or any of its subsidiaries, or any of their customers.

D.

At Will.  At any time, the Company may terminate Evans's employment without liability other than as set forth below, for any reason not specified in Section 6.C above, by giving thirty (30) days advance written notice to Evans: provided that if it does so elect the Company shall continue to pay Evans's base salary in accordance with Article III A and provide the benefits to Evans in accordance with Article IV B until the end of Term.  If the Company elects to terminate Evans pursuant to this Section 6.D prior to a Change in Control, and Evans has not entered into an Employment Agreement under comparable terms and conditions with the surviving entity following a Change in Control, the Company shall pay to Evans all Accrued Compensation and shall continue to pay to Evans as provided herein Evans's Salary for twelve (12) months from the date of such termination as severance compensation. If the Company or its successor elects to terminate Evans pursuant to this Section after a Change in Control, the Company (or its successor) shall continue to pay to Evans as provided herein Evans's Salary for twelve (12) months from the date of such termination as severance compensation.  

In addition, upon any termination under this Section 6.D., all of the Evans's stock options, if any, shall become fully vested and exercisable in full and all shares of stock of the Company purchased by Evans and awarded to Evans under the Plan shall become fully vested. Upon payment of the severance benefits described herein, all obligations of the Company (or its successor) shall terminate.  The foregoing negative covenants are in addition to any obligations of Evans pursuant to the Confidentiality, Inventions and Non-Solicitation Agreement. If the Company terminates this Agreement or the employment of Evans with the Company other than pursuant to Section 6.A, 6.B or 6.C, then this Section 6.D shall apply.

E.

Constructive Termination.  In the event that the Company shall materially reduce the powers and duties of employment of Evans resulting in a material decrease in the responsibilities of Evans which are inconsistent with Evans acting as Chief Executive Officer or President of the Company, or change Executives place of employment requiring Evans to relocate to an alternative location, such actions shall be deemed to be a termination of employment of Evans without cause pursuant to Section 6.D. In the event of a Change in Control of the Company in which the Company shall become a division or subsidiary of a larger organization, references to the Chief Executive Officer of the Company shall be deemed to mean the Chief Executive Officer of such division or subsidiary for purposes of this Section 6.E.

1.  Change in Control.  For purposes of this Agreement, a "Change in Control" shall have occurred if at any time during the term of Evans's employment hereunder, any of the following events shall occur: 

a. The consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization, if more than 50% of the combined voting power of the continuing or surviving entity's securities outstanding immediately after such merger, consolidation or other reorganization is owned by persons who were not stockholders of the Company immediately prior to such merger, consolidation or other reorganization;

b. A change in the composition of the Board, as a result of which fewer than one-half of the incumbent directors are directors who either (1) had been directors of the Company 24 months prior to such change; or (2) were elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the directors who had been directors of the Company 24 months prior to such change and who were still in office at the time of the election or nomination; or 

c. Any "person" (as such term is used in Section 13(d) and Section 14 of the Exchange Act) by the acquisition of securities is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company's then outstanding securities ordinarily (and apart from rights accruing under special circumstances) having the right to vote at elections of directors (the "Base Capital Stock") except that any change in the relative beneficial ownership of the Company's securities resulting solely from a reduction in the aggregate number of outstanding shares of Base Capital Stock, and any decrease thereafter in such person's ownership of securities shall be disregarded until such person increases in any manner, directly or indirectly, such person's beneficial ownership of any securities of the Company. Thus, for example, any person who owns less than 50% of the Company's outstanding shares, shall cause a Change in Control to occur as of any subsequent date if such person then acquires an additional interest in the Company which, when added to the person's previous holdings, causes the person to hold more than 50% of the Company's outstanding shares. 

The term "Change in Control" shall not include a transaction, the sole purpose of which is to change the state of the Company's incorporation.

ARTICLE VII

INDEMNIFICATION

     The company shall indemnify, defend and hold Evans harmless, in addition to the indemnification provisions of the Company's certificate of incorporation and bylaws, to the greatest extent possible under applicable law from and against any and all judgments, fines, penalties, amounts paid in settlement and any other amounts reasonably incurred or suffered by the Evans (including attorneys' fees) in connection with any claims to which Evans is, was or at any time becomes a party by reason of the fact that Evans is, was or at any time becomes a director, officer, employee or agent of the Company 

ARTICLE VIII

GENERAL PROVISIONS

A.

Governing Law.  The validity, interpretation, construction and performance of this Agreement and the rights of the parties thereunder shall be interpreted and enforced under California law without reference to principles of conflicts of laws. The parties expressly agree that inasmuch as the Company's headquarters and principal place of business are located in California, it is appropriate that California law govern this Agreement.

B.

Assignment; Successors; Binding Agreement.  

    1.  Evans may not assign, pledge or encumber his interest in this Agreement or any part thereof. 

    2.  The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, operation of law or by agreement in form and substance reasonably satisfactory to Evans, to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. 

    3.  This Agreement shall inure to the benefit of and be enforceable by Evans's personal or legal representatives, executors, administrators, successors, heirs, distributee, devisees and legatees. If Evans should die while any amount is at such time payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Evans's devisee, legates or other designee or, if there be no such designee, to his estate.

C.

No Waiver of Breach.  The waiver by any party of the breach of any provision of this Agreement shall not be deemed to be a waiver of any subsequent breach.

D.

Notice.  For the purposes of this Agreement, notices and all other communications provided for in this Agreement shall be in writing and shall be deemed to have been duly given when delivered or mailed by certified or registered mail, return receipt requested, postage prepaid, addressed to the respective addresses set forth below or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon receipt. 

To the Company:

To the Consultant:

Probe Manufacturing, Inc.

Barrett Evans                                   

25242 Arctic Ocean Drive

207 E. Broadway, Suite 201

Lake Forest, CA  92630

Long Beach, CA 90802

E.

Modification; Waiver; Entire Agreement.  No provisions of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by Evans and such officer as may be specifically designated by the Board. No waiver by either party hereto at any time of any breach by the other party of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or any prior or subsequent time. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in this Agreement.

F.

Validity.  The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect.

G.

Controlling Document.  The parties agree that, as of the Financing Date, this Agreement supersedes any and all prior employment agreements between the Company and Evans, but does not supersede any other agreements between Company and Evans, including but not limited to, the Plan, any stock option agreements or common stock purchase agreements entered into pursuant to the Plan, and the Genesis Bioventures Employees' Handbook and Policies, except as expressly provided herein. In case of conflict between any of the terms and conditions of this Agreement and the documents herein referred to, the terms and conditions of this Agreement shall control.

H.

Evans Acknowledgment.  Evans acknowledges (a) that he has consulted with or has had the opportunity to consult with independent counsel of his own choice concerning this Agreement, and has been advised to do so by the Company, and (b) that he has read and understands the Agreement, is fully aware of its legal effect, and has entered into it freely based on his own judgment.

I.

No Strict Construction.  The language used in this Employment Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rule of strict construction will be applied against any person.

J.

Headings.  The headings and other captions in this Employment Agreement are included solely for convenience of reference and will not control the meaning and interpretation of any provision of this Employment Agreement.

K.

Binding Effect.  This Employment Agreement will be binding upon and inure to the benefit of Evans, the Company, and their respective successors and permitted assigns.  The Company will be entitled to assign its rights and duties under this Employment Agreement provided that the Company will remain liable to Evans should such assignee fail to perform its obligations under this Employment Agreement.

L.

Counterparts.  This Agreement may be executed in one or more counterparts, all of which taken together shall constitute one and the same Agreement.

    Executed by the parties as of the day and year first above written.

			
	PROBE MANUFACTURING, INC.

	 
	BARRETT EVANS

	

By:/s/ Kambiz Mahdi

	 
	

By:/s/ Barrett Evans

	     Name: Kambiz Mahdi

	 
	     Name:  Barrett Evans

	     Title: Director

	 
	     

	
	PROBE MANUFACTURING, INC.

	

By: Jeff Conrad

	     Name:  Jeff Conrad

	     Title:  Director

Interim CEO Agreement

9/12/2008exhibit_4-1.htm

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
4.1

     

    

     

    

     

    

     

    

     

    COMPUTER
SCIENCES CORPORATION

     

    5.50%
SENIOR NOTES DUE 2013

     

    6.50%
SENIOR NOTES DUE 2018

     

    
      

    

    INDENTURE

     

    Dated as
of March 3, 2008

     

    
      

    

    The Bank
of New York Trust Company, N.A.

     

    Trustee

     

    
      

       

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    CROSS-REFERENCE
TABLE*

     

    
      	
              Trust
      Indenture

              Act
      Section

            	
              Indenture
      Section

            
	
              310(a)(1)                                                                                            

            	
              7.10

            
	
              (a)(2)                                                                                      

            	
              7.10

            
	
              (a)(3)                                                                                      

            	
              N.A.

            
	
              (a)(4)                                                                                      

            	
              N.A.

            
	
              (a)(5)                                                                                      

            	
              7.10

            
	
              (b)                                                                                      

            	
              7.10

            
	
              (c)                                                                                      

            	
              N.A.

            
	
              311(a)                                                                                            

            	
              7.11

            
	
              (b)                                                                                      

            	
              7.11

            
	
              (c)                                                                                      

            	
              N.A.

            
	
              312(a)                                                                                            

            	
              2.05

            
	
              (b)                                                                                      

            	
              11.03

            
	
              (c)                                                                                      

            	
              11.03

            
	
              313(a)                                                                                            

            	
              7.06

            
	
              (b)(1)                                                                                      

            	
              N.A.

            
	
              (b)(2)                                                                                      

            	
              7.06;
      7.07

            
	
              (c)                                                                                      

            	
              7.06;
      11.02

            
	
              (d)                                                                                      

            	
              7.06

            
	
              314(a)                                                                                            

            	
              4.03;11.02;
      11.05

            
	
              (b)                                                                                      

            	
              N.A.

            
	
              (c)(1)                                                                                      

            	
              11.04

            
	
              (c)(2)                                                                                      

            	
              11.04

            
	
              (c)(3)                                                                                      

            	
              N.A.

            
	
              (d)                                                                                      

            	
              N.A.

            
	
              (e)                                                                                      

            	
              11.05

            
	
              (f)                                                                                      

            	
              N.A.

            
	
              315(a)                                                                                            

            	
              7.01

            
	
              (b)                                                                                      

            	
              7.05;
      11.02

            
	
              (c)                                                                                      

            	
              7.01

            
	
              (d)                                                                                      

            	
              7.01

            
	
              (e)                                                                                      

            	
              6.11

            
	
              316(a)
      (last
      sentence)                                                                                            

            	
              2.09

            
	
              (a)(1)(A)                                                                                      

            	
              6.05

            
	
              (a)(1)(B)                                                                                      

            	
              6.04

            
	
              (a)(2)                                                                                      

            	
              N.A.

            
	
              (b)                                                                                      

            	
              6.07

            
	
              (c)                                                                                      

            	
              2.12

            
	
              317(a)(1)                                                                                            

            	
              6.08

            
	
              (a)(2)                                                                                      

            	
              6.09

            
	
              (b)                                                                                      

            	
              2.04

            
	
              318(a)                                                                                            

            	
              11.01

            
	
              (b)                                                                                      

            	
              N.A.

            
	
              (c)                                                                                      

            	
              11.01

            

    

    

    N.A.
means not applicable.

    *  This
Cross Reference Table is not part of the Indenture.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    TABLE OF
CONTENTS

     

    

      ARTICLE
1

      DEFINITIONS
AND INCORPORATION

      BY
REFERENCE

      

      

      
        	 
      	 
      	
                Page

              
	 
      	 
      	 
      
	
                Section
      1.01

              	
                Definitions

              	
                1

              
	
                Section
      1.02

              	
                Other
      Definitions

              	
                10

              
	
                Section
      1.03

              	
                Incorporation
      by Reference of Trust Indenture Act.

              	
                10

              
	
                Section
      1.04

              	
                Rules
      of Construction

              	
                10

              

      

      

      ARTICLE
2

      THE
NOTES

      

      
        	
                Section
      2.01

              	
                Form
      and Dating

              	
                11

              
	
                Section
      2.02

              	
                Execution
      and Authentication

              	
                11

              
	
                Section
      2.03

              	
                Registrar
      and Paying Agent

              	
                12

              
	
                Section
      2.04

              	
                Paying
      Agent to Hold Money in Trust

              	
                12

              
	
                Section
      2.05

              	
                Holder
      Lists

              	
                12

              
	
                Section
      2.06

              	
                Transfer
      and Exchange.

              	
                13

              
	
                Section
      2.07

              	
                Replacement
      Notes.

              	
                24

              
	
                Section
      2.08

              	
                Outstanding
      Notes.

              	
                24

              
	
                Section
      2.09

              	
                Treasury
      Notes.

              	
                25

              
	
                Section
      2.10

              	
                Temporary
      Notes.

              	
                25

              
	
                Section
      2.11

              	
                Cancellation.

              	
                25

              
	
                Section
      2.12

              	
                Defaulted
      Interest.

              	
                25

              
	
                Section
      2.13

              	
                CUSIP
      Numbers.

              	
                26

              

      

      

      ARTICLE
3

      REDEMPTION
AND PREPAYMENT

      

      
        	
                Section
      3.01

              	
                Notices
      to Trustee.

              	
                26

              
	
                Section
      3.02

              	
                Selection
      of Notes to Be Redeemed or Purchased.

              	
                26

              
	
                Section
      3.03

              	
                Notice
      of Redemption.

              	
                27

              
	
                Section
      3.04

              	
                Effect
      of Notice of Redemption.

              	
                27

              
	
                Section
      3.05

              	
                Deposit
      of Redemption or Purchase Price.

              	
                28

              
	
                Section
      3.06

              	
                Notes
      Redeemed or Purchased in Part.

              	
                28

              
	
                Section
      3.07

              	
                Optional
      Redemption.

              	
                28

              
	
                Section
      3.08

              	
                Mandatory
      Redemption.

              	
                28

              

      

      

      ARTICLE
4

      COVENANTS

      

      
        	
                Section
      4.01

              	
                Payment
      of Notes.

              	
                29

              
	
                Section
      4.02

              	
                Maintenance
      of Office or Agency.

              	
                29

              
	
                Section
      4.03

              	
                Reports.

              	
                29

              
	
                Section
      4.04

              	
                Compliance
      Certificate.

              	
                30

              
	
                Section
      4.05

              	
                Taxes.

              	
                30

              
	
                Section
      4.06

              	
                Stay,
      Extension and Usury Laws.

              	
                30

              
	
                Section
      4.07

              	
                Limitations
      on Liens.

              	
                31

              
	
                Section
      4.08

              	
                Corporate
      Existence.

              	
                31

              
	
                Section
      4.09

              	
                Change
      of Control.

              	
                32

              
	
                Section
      4.10

              	
                Limitation
      on Sale and Leaseback Transactions.

              	
                33

              
	
                Section
      4.11

              	
                Permitted
      Liens and Permitted Sale and Leaseback Transactions.

              	
                33

              

      

      

      
        
           

        

        
          i

          
            

          

        

        
           

        

      

      ARTICLE
5

      SUCCESSORS

      

      
        	 
      	 
      	
                Page

              
	 
      	 
      	 
      
	
                Section
      5.01

              	
                Merger,
      Consolidation, or Sale of Assets.

              	
                34

              
	
                Section
      5.02

              	
                Successor
      Corporation Substituted.

              	
                34

              

      

      

      ARTICLE
6

      DEFAULTS
AND REMEDIES

      

      
        	
                Section
      6.01

              	
                Events
      of Default.

              	
                35

              
	
                Section
      6.02

              	
                Acceleration.

              	
                35

              
	
                Section
      6.03

              	
                Other
      Remedies.

              	
                36

              
	
                Section
      6.04

              	
                Waiver
      of Past Defaults.

              	
                36

              
	
                Section
      6.05

              	
                Control
      by Majority.

              	
                36

              
	
                Section
      6.06

              	
                Limitation
      on Suits.

              	
                36

              
	
                Section
      6.07

              	
                Rights
      of Holders of Notes to Receive Payment.

              	
                37

              
	
                Section
      6.08

              	
                Collection
      Suit by Trustee.

              	
                37

              
	
                Section
      6.09

              	
                Trustee
      May File Proofs of Claim.

              	
                37

              
	
                Section
      6.10

              	
                Priorities.

              	
                38

              
	
                Section
      6.11

              	
                Undertaking
      for Costs.

              	
                38

              

      

      

      ARTICLE
7

      TRUSTEE

      

      
        	
                Section
      7.01

              	
                Duties
      of Trustee.

              	
                38

              
	
                Section
      7.02

              	
                Rights
      of Trustee.

              	
                39

              
	
                Section
      7.03

              	
                Individual
      Rights of Trustee.

              	
                40

              
	
                Section
      7.04

              	
                Trustee’s
      Disclaimer.

              	
                40

              
	
                Section
      7.05

              	
                Notice
      of Defaults.

              	
                40

              
	
                Section
      7.06

              	
                Reports
      by Trustee to Holders of the Notes.

              	
                41

              
	
                Section
      7.07

              	
                Compensation
      and Indemnity.

              	
                41

              
	
                Section
      7.08

              	
                Replacement
      of Trustee.

              	
                42

              
	
                Section
      7.09

              	
                Successor
      Trustee by Merger, etc.

              	
                43

              
	
                Section
      7.10

              	
                Eligibility;
      Disqualification.

              	
                43

              
	
                Section
      7.11

              	
                Preferential
      Collection of Claims Against Company.

              	
                43

              

      

      

      ARTICLE
8

      LEGAL
DEFEASANCE AND COVENANT DEFEASANCE

      

      
        	
                Section
      8.01

              	
                Option
      to Effect Legal Defeasance or Covenant Defeasance.

              	
                43

              
	
                Section
      8.02

              	
                Legal
      Defeasance and Discharge.

              	
                43

              
	
                Section
      8.03

              	
                Covenant
      Defeasance.

              	
                44

              
	
                Section
      8.04

              	
                Conditions
      to Legal or Covenant Defeasance.

              	
                44

              
	
                Section
      8.05

              	
                Deposited
      Money and Government Securities to be Held in Trust; Other Miscellaneous
      Provisions.

              	
                45

              
	
                Section
      8.06

              	
                Repayment
      to Company.

              	
                45

              
	
                Section
      8.07

              	
                Reinstatement.

              	
                46

              

      

      

      ARTICLE
9

      AMENDMENT,
SUPPLEMENT AND WAIVER

      

      
        	
                Section
      9.01

              	
                Without
      Consent of Holders of Notes.

              	
                46

              
	
                Section
      9.02

              	
                With
      Consent of Holders of Notes.

              	
                47

              
	
                Section
      9.03

              	
                Compliance
      with Trust Indenture Act.

              	
                48

              
	
                Section
      9.04

              	
                Revocation
      and Effect of Consents.

              	
                48

              
	
                Section
      9.05

              	
                Notation
      on or Exchange of Notes.

              	
                48

              
	
                Section
      9.06

              	
                Trustee
      to Sign Amendments, etc.

              	
                49

              

      

      

      
        
           

        

        
          ii

          
            

          

        

        
           

        

      

      

      ARTICLE
10

      SATISFACTION
AND DISCHARGE

      

      
        	 
      	 
      	
                Page

              
	 
      	 
      	 
      
	
                Section
      10.01

              	
                Satisfaction
      and Discharge.

              	
                49

              
	
                Section
      10.02

              	
                Application
      of Trust Money.

              	
                50

              

      

      

      ARTICLE
11

      MISCELLANEOUS

      

      S

      
        	
                ection
      11.01

              	
                Trust
      Indenture Act Controls.

              	
                50

              
	
                Section
      11.02

              	
                Notices.

              	
                50

              
	
                Section
      11.03

              	
                Communication
      by Holders of Notes with Other Holders of Notes.

              	
                51

              
	
                Section
      11.04

              	
                Certificate
      and Opinion as to Conditions Precedent.

              	
                51

              
	
                Section
      11.05

              	
                Statements
      Required in Certificate or Opinion.

              	
                52

              
	
                Section
      11.06

              	
                Rules
      by Trustee and Agents.

              	
                52

              
	
                Section
      11.07

              	
                No
      Personal Liability of Directors, Officers, Employees and
      Stockholders.

              	
                52

              
	
                Section
      11.08

              	
                Governing
      Law.

              	
                52

              
	
                Section
      11.09

              	
                No
      Adverse Interpretation of Other Agreements.

              	
                53

              
	
                Section
      11.10

              	
                Successors.

              	
                53

              
	
                Section
      11.11

              	
                Severability.

              	
                53

              
	
                Section
      11.12

              	
                Counterpart
      Originals.

              	
                53

              
	
                Section
      11.13

              	
                Table
      of Contents, Headings, etc.

              	
                53

              
	
                Section
      11.14

              	
                Waiver
      of Jury Trial

              	
                53

              
	
                Section
      11.15

              	
                Force
      Majeure.

              	
                53

              

      

    

     

     

    EXHIBITS

     

    
      	
              Exhibit
      A1

            	
              FORM
      OF 2013 NOTE

            

    

    
      	
              Exhibit
      A2

            	
              FORM
      OF 2018 NOTE

            

    

    
      	
              Exhibit
      B

            	
              FORM
      OF CERTIFICATE OF TRANSFER

            

    

    
      	
              Exhibit
      C

            	
              FORM
      OF CERTIFICATE OF EXCHANGE

            

    

    
      	
              Exhibit
      D

            	
              FORM
      OF CERTIFICATE OF ACQUIRING INSTITUTIONAL ACCREDITED
    INVESTOR

            

    

    

    
      
         

      

      
        iii

        
          

        

      

      
         

      

    

    INDENTURE
dated as of March 3, 2008 between COMPUTER SCIENCES CORPORATION, a Nevada
corporation, and The Bank of New York Trust Company, N.A., as
trustee.

     

    The
Company and the Trustee agree as follows for the benefit of each other and for
the equal and ratable benefit of the Holders (as defined) of the  5.50% Senior Notes due
2013 (the “2013 Notes”)
and the   6.50% Senior Notes due 2018 (the “2018 Notes” and, together
with the 2013 Notes, the “Notes”):

     

    ARTICLE
1                                

     

    DEFINITIONS
AND INCORPORATION

     

    BY
REFERENCE

     

    Section
1.01 Definitions.

     

    “144A Global Note” means a
Global Note substantially in the form of Exhibit A1 hereto, with respect to the
2013 Notes, or Exhibit A2 hereto, with respect to the 2018 Notes, bearing the
Global Note Legend and the Private Placement Legend and deposited with or on
behalf of, and registered in the name of, the Depositary or its nominee that
will be issued in a denomination equal to the outstanding principal amount of
the 2013 Notes or 2018 Notes, as applicable, sold in reliance on Rule
144A.

     

    “Additional 2013 Notes” means
additional 2013 Notes (other than the Initial 2013 Notes) issued under this
Indenture, in accordance with Section 2.02 hereof, as part of the same series as
the Initial 2013 Notes.

     

    “Additional 2018 Notes” means
additional 2018 Notes (other than the Initial 2018 Notes) issued under this
Indenture, in accordance with Section 2.02 hereof, as part of the same series as
the Initial 2018 Notes.

     

     “Additional Interest”
means all additional interest then owing pursuant to the Registration Rights
Agreement.

     

    “Additional Notes” means the
Additional 2013 Notes and the Additional 2018 Notes.

     

    “Affiliate”
means:

     

    (1) any
Person directly or indirectly controlling or controlled by or under direct or
indirect common control with the Company or any other obligor upon the 2013
Notes or 2018 Notes, as applicable;

     

    (2) any
spouse, immediate family member or other relative who has the same principal
resident of any Person described in (1) above;

     

    (3) any trust
in which any such Persons described in (1) or (2) above has a beneficial
interest; and

     

    (4) any
corporation or other organization of which any such Persons described in (1),
(2) or (3) above collectively own more than 50% of the equity of such
entity.  For purposes of this definition, beneficial ownership of 10%
of more of the Voting Stock of the Company (on a fully diluted basis) or
warrants to purchase such Voting Stock (whether or not currently exercisable) of
a Person shall be deemed to be control of such Person. For purposes of this
definition, the terms “controlling,” “controlled by” and “under common control with”
have correlative meanings.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    “Agent” means any Registrar,
co-registrar, Paying Agent or additional paying agent.

     

    “Applicable Procedures”
means, with respect to any transfer or exchange of or for beneficial interests
in any Global Note, the rules and procedures of the Depositary, Euroclear and
Clearstream that apply to such transfer or exchange.

     

    “Attributable Debt” means,
with respect to any Sale/Leaseback Transaction, the present value of the minimum
rental payments called for during the term of the lease (including any period
for which such lease has been extended), determined in accordance with GAAP,
discounted at a rate that, at the inception of the lease, the lessee would have
incurred to borrow over a similar term the funds necessary to purchase the
leased assets.

     

    “Bankruptcy Law” means Title
11, U.S. Code 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 of such Board
of Directors.

     

    “Broker-Dealer” has the
meaning set forth in the Registration Rights Agreement.

     

    “Business Day” means, any day
other than a day on which Federal of State banking institutions in the Borough
of Manhattan, City of New York, or in the city where the office or agency for
payment of the Notes is maintained is obligated by law, regulation or executive
order to close.  If a payment date is not a Business Day, payment may
be made at that place on the next succeeding Business Day, and no interest shall
accrue on such payment for the intervening period.

     

    “Capital Lease Obligation”
means, at the time any determination is to be made, the amount of the liability
in respect of a capital lease that would at that time be required to be
capitalized on a balance sheet prepared in accordance with GAAP.

     

    “Capital Stock” means any and
all shares, interest, participations or other equivalents (however designated)
of corporate stock or partnership interests.

     

    “Change of Control” means the
occurrence of any of the following:

     

    (1) the
direct or indirect sale, transfer, conveyance or other disposition (other than
by way of merger or consolidation), in a single transaction or a series of
related transactions, of all or substantially all of the Company’s assets and
the assets of its Subsidiaries, taken as a whole, to one or more “persons” (as
that term is defined in Section 13(d)(3) of the Exchange Act) (other than to the
Company or one of its Subsidiaries);

     

    (2) the
consummation of any transaction (including, without limitation, any merger or
consolidation) as a result of which any “person” (as that term is used in
Section 13(d) (3) of the Exchange Act) becomes the beneficial owner (as defined
in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of
more than 50% of the Voting Stock of the Company, measured by voting power
rather than number of shares;

     

    (3) the
Company consolidates with, or merges with or into any Person, or any Person
consolidates with, or merges with or into the Company, in any such event
pursuant to a transaction in which any of the outstanding Voting Stock of the
Company or such other person is converted into or exchanged for cash, securities
or other property, other than any such transaction where the shares of Voting
Stock of the Company outstanding immediately prior to such transaction
constitute, or are converted into or exchanged for, a majority of the Voting
Stock of the surviving Person immediately after giving effect to such
transaction;

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    (4) the first
day on which a majority of the members of the Board of Directors of the Company
are not Continuing Directors; or

     

    (5) the
adoption of a plan relating to the liquidation or dissolution of the
Company.

     

    “Change of Control Triggering
Event” means the occurrence of both a Change of Control and a Rating
Event.

     

    “Clearstream” means
Clearstream Banking, S.A.

     

    “Company” means Computer
Sciences Corporation, and any and all successors thereto.

     

    “Comparable Treasury Issue”
means the United States Treasury security selected by the Independent Investment
Banker as having a maturity comparable to the remaining term of the 2013 Notes
to be redeemed or the 2018 Notes to be redeemed, as applicable, that would be
utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable
maturity to the remaining term of such Notes.

     

    “Comparable Treasury Price”
means, with respect to any redemption date:

     

    (1) the
average of the Reference Treasury Dealer Quotations for such redemption date,
after excluding the highest and lowest such Reference Treasury Dealer
Quotations; or

     

    (2) if the
Trustee obtains fewer than four such Reference Treasury Dealer Quotations, the
average of all such Reference Treasury Dealer Quotations.

     

    “Consolidated Net Tangible
Assets” means, as of any particular time, the aggregate amount of the
Company’s assets and the assets of the Company’s Subsidiaries (in each case,
less applicable reserves and other properly deductible items) after deducting
from such amount:

     

    (1) all
current liabilities other than (A) notes and loans payable, (B) current
maturities of long-term debt and (C) current maturities of Capital Lease
Obligations, and

     

    (2) intangible
assets, to the extent included in such aggregate assets, all as set forth on the
Company’s then most recent consolidated balance sheet and computed in accordance
with GAAP.

     

    “Continuing Directors” means,
as of any date of determination, any member of the Company’s Board of Directors
who (1) was a member of such Board of Directors on the date the Notes were
issued or (2) was nominated for election, elected or appointed to such Board of
Directors with the approval of a majority of the Continuing Directors who were
members of such Board of Directors at the time of such nomination, election or
appointment (either by a specific vote or by approval of the proxy statement of
the Company in which such member was named as a nominee for election as a
director, without objection to such nomination).

     

    “Corporate Trust Office” means
the principal office of the Trustee at which at any time its corporate trust
business shall be administered, which office at the dated hereof is located at
700 South Flower Street, Suite 500, Los Angeles, CA 90017,
Attention:  Corporate Unit, or such other address as the Trustee may
designate from time to time by notice to the Holders and the Company, or the
principal corporate trust office of any successor Trustee (or such other address
as such successor Trustee may designate from time to time by notice to the
Holders and the Company).

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    “Custodian” means the
Trustee, as custodian with respect to the Global Notes, or any successor entity
thereto.

     

    “Default” means any event,
act or condition that is, or with the lapse of time or the giving of notice, or
both, would constitute, an Event of Default.

     

    “Definitive Note” means a
certificated Note registered in the name of the Holder thereof and issued in
accordance with Section 2.06 hereof, substantially in the form of Exhibit A1 or
A2 hereto, respectively, except that such Note shall not bear the Global Note
Legend and shall not have the “Schedule of Exchanges of Interest in the Global
Note” attached thereto.

     

    “Depositary” means, with
respect to the Notes issuable or issued in whole or in part in global form, the
Person specified in Section 2.03 hereof as the Depositary with respect to the
Notes, and any and all successors thereto appointed as depositary hereunder and
having become such pursuant to the applicable provision of this
Indenture.

     

    “Euroclear” means Euroclear
Bank, S.A./N.V., as operator of the Euroclear system.

     

    “Exchange 2013 Notes” means
the 2013 Notes issued in the Exchange Offer in accordance with Section 2.06(f)
hereof.

     

    “Exchange 2018 Notes” means
the 2018 Notes issued in the Exchange Offer in accordance with Section 2.06(f)
hereof.

     

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

     

    “Exchange Notes” means
Exchange 2013 Notes and the Exchange 2018 Notes.

     

    “Exchange Offer” has the
meaning set forth in the Registration Rights Agreement.

     

    “Exchange Offer Registration
Statement” has the meaning set forth in the Registration Rights
Agreement.

     

    “Fitch” means Fitch Inc., a
subsidiary of Fimalac, S.A., and its successors.

     

    “GAAP” means generally
accepted accounting principles set forth in the opinions and pronouncements of
the Accounting Principles Board of the American Institute of Certified Public
Accountants and statements and pronouncements of the Financial Accounting
Standards Board or in such other statements by such other entity as have been
approved by a significant segment of the accounting profession, which are in
effect from time to time.

     

    “Global Note Legend” means
the legend set forth in Section 2.06(g)(2) hereof, which is required to be
placed on all Global Notes issued under this Indenture.

     

    “Global Notes” means,
individually and collectively, each of the Restricted Global Notes and the
Unrestricted Global Notes deposited with or on behalf of and registered in the
name of the Depository or its nominee, substantially in the form of Exhibit A1
or Exhibit A2, respectively, hereto and that bears the Global Note Legend and
that has the “Schedule of Exchanges of Interests in the Global Note” attached
thereto, issued in accordance with Section 2.01, 2.06(b)(3), 2.06(b)(4),
2.06(d)(2) or 2.06(f) hereof.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    “Government Securities” means
securities that 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
that, in either case, are not callable or redeemable at the option of the issuer
thereof, and shall also include a depositary receipt issued by a bank (as
defined in Section 3(a)(2) of the Securities Act) as custodian with respect to
any such Government Securities or a specific payment of principal of or interest
on any such Government Securities held by such custodian for the account of the
holder of such depositary receipt; provided, however, that (except as required
by law) such custodian is not authorized to make any deduction from the amount
payable to the holder of such depositary receipt from any amount received by the
custodian in respect of the Government Securities or the specific payment of
principal of or interest on the Government Securities evidenced by such
depositary receipt.

     

    “Holder” means a Person in
whose name a Note is registered.

     

    “IAI Global Note” means a
Global Note substantially in the form of each of Exhibit A1 or Exhibit A2,
respectively, hereto bearing the Global Note Legend and the Private Placement
Legend and deposited with or on behalf of and registered in the name of the
Depositary or its nominee that will be issued in a denomination equal to the
outstanding principal amount of 2013 Notes or 2018 Notes, as applicable, sold to
Institutional Accredited Investors.

     

    “Indebtedness” means, with
respect to any Person, and without duplication:

     

    (1) any
liability of such Person

     

    (a) for
borrowed money; or

     

    (b) for any
letter of credit for the account of such Person supporting obligations of such
Person or other Persons; or

     

    (c) evidenced
by a bond, note, debenture or similar instrument (including a purchase money
obligation) given in connection with the acquisition of any businesses,
properties or assets of any kind (other than a trade payable or a current
liability arising in the ordinary course of business); or

     

    (d) for the
payment of money relating to a capitalized lease; and

     

    (2) any
liability of others described in the preceding clause (1) that the Person has
guaranteed or that is otherwise its legal liability; and

     

    (3) any
amendment, supplement, modification, deferral, renewal, extension or refunding
of any liability of the types referred to in the clauses (1) and (2)
above.

     

    “Indenture” means this
Indenture, as amended or supplemented from time to time.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    “Independent Investment
Banker” means an independent investment institution of national standing,
which may be one of the Reference Treasury Dealers or their respective
affiliates, selected by the Company.

     

    “Indirect Participant” means
a Person who holds a beneficial interest in a Global Note through a
Participant.

     

    “Initial 2013 Notes” means the
first $700,000,000 aggregate principal amount of 2013 Notes issued under this
Indenture on the date hereof.

     

    “Initial 2018 Notes” means the
first $1,000,000,000 aggregate principal amount of 2018 Notes issued under this
Indenture on the date hereof.

     

    “Initial Notes” means the
Initial 2013 Notes and the Initial 2018 Notes.

     

    “Initial Purchasers” means
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banc of America
Securities LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Greenwich
Capital Markets, Inc., Mitsubishi UFJ Securities International plc, Scotia
Capital (USA) Inc., UBS Securities LLC, Wachovia Capital Markets, LLC, BNY
Capital Markets, Inc., Goldman, Sachs & Co., Banca IMI S.p.A, BNP Paribas
Securities Corp., Daiwa Securities America Inc., Danske Markets Inc., Lloyds TSB
Bank plc, Standard Chartered Bank and Wells Fargo Securities, LLC.

     

    “Institutional Accredited
Investor” means an institution that is an “accredited investor” as
defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act, who are not
also QIBs.

     

    “Investment Grade Rating”
means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s; BBB–
(or the equivalent) by S&P; and BBB- (or the equivalent) by Fitch, and the
equivalent investment grade credit rating from any additional rating agency or
Rating Agencies selected by the Company.

     

    “Letter of Transmittal” means
the letter of transmittal to be prepared by the Company and sent to all Holders
of the Notes for use by such Holders in connection with the Exchange
Offer.

     

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

     

    “Moody’s” means Moody’s
Investors Service, Inc.

     

    “Non-U.S. Person” means a
Person who is not a U.S. Person.

     

    “Notes” has the meaning
assigned to it in the preamble to this Indenture.  The Initial 2013
Notes and the Additional 2013 Notes shall be treated as a single class for all
purposes under this Indenture and the Initial 2018 Notes and the Additional 2018
Notes shall be treated as a single class for all purposes under this
Indenture.  Unless the context otherwise requires, all references to
Notes shall include the Initial Notes, the Exchange Notes and any Additional
Notes.

     

    “Obligations” means any
principal, interest, penalties, fees, indemnifications, reimbursements, damages
and other liabilities payable under the documentation governing any
Indebtedness.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    “Officer” means, with respect
to any Person, the Chairman of the Board, the Chief Executive Officer, the
President, the Chief Operating Officer, the Chief Financial Officer, the
Treasurer, any Assistant Treasurer, the Controller, the Secretary or any
Vice-President of such Person.

     

    “Officers’ Certificate” means
a certificate signed on behalf of the Company by two Officers of the Company
that meets the requirements of Section 11.05 hereof.

     

    “Opinion of Counsel” means a
written opinion from legal counsel who is reasonably acceptable to the Trustee;
provided that any opinion delivered on behalf of the Company shall meet the
requirements of Section 11.05 hereof.  The counsel may be an employee
of or counsel to the Company or any Subsidiary of the Company.

     

    “Participant” means, with
respect to the Depositary, Euroclear or Clearstream, a Person who has an account
with the Depositary, Euroclear or Clearstream, respectively (and, with respect
to DTC, shall include Euroclear and Clearstream).

     

    “Person” means any
individual, corporation, partnership,  trust, unincorporated
organization, limited liability company or government or other
entity.

     

    “Private Placement Legend”
means the legend set forth in Section 2.06(g)(1) hereof to be placed on all
Notes issued under this Indenture except where otherwise permitted by the
provisions of this Indenture.

     

    “QIB” means a “qualified
institutional buyer” as defined in Rule 144A.

     

    “Rating Agencies”
means:

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    (1) each of
Moody’s, S&P and Fitch; and

     

    (2) if any of
Moody’s, S&P or Fitch ceases to rate the 2013 Notes or the 2018 Notes or
fails to make a rating of such Notes publicly available for reasons outside of
the control of the Company, a “nationally recognized statistical rating
organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange
Act selected by the Company (as certified by a resolution of the Board of
Directors) as a replacement agency for Moody’s, S&P or Fitch, as the case
may be.

     

    “Rating Event”
means:

     

    (1) with
respect to the 2013 Notes, the rating on the 2013 Notes is lowered by at least
two of the three Rating Agencies and the 2013 Notes are rated below an
Investment Grade Rating by at least two of the three Rating Agencies;
and

     

    (2) with
respect to the 2018 Notes, the rating on the 2018 Notes is lowered by at least
two of the three Rating Agencies and the 2018 Notes are rated below an
Investment Grade Rating by at least two of the three Rating
Agencies;

     

    in either
case, on any day during the period (the period will be extended so long as the
rating of the applicable Notes is under publicly announced consideration for a
possible downgrade by any of the Rating Agencies) commencing on the earlier of
the date of the first public occurrence of a Change of Control or the date of
public notice of an agreement that, if consummated, would result in a Change of
Control and ending 60 days following consummation of such Change of
Control.

     

     

    “Reference Treasury Dealer”
means each of:

     

    (1) Banc of
America Securities LLC, Barclays Capital Inc. and Merrill Lynch Government
Securities Inc., and their successors; provided, however, that if any of the
foregoing ceases to be a primary U.S. Government securities dealer in New York
City (a “Primary Treasury
Dealer”), the Company shall substitute another Primary Treasury Dealer;
and

     

    (2) any other
Primary Treasury Dealers selected by the Company.

     

    “Reference Treasury Dealer
Quotations” means, with respect to each Reference Treasury Dealer at any
redemption date, the average, as determined by the Trustee, of the bid and asked
prices for the Comparable Treasury Issue (expressed in each case as a percentage
of its principal amount) quoted in writing to the Trustee by such Reference
Treasury Dealer at 3:30 p.m., New York City time, on the third Business Day
preceding such redemption date.

     

    “Registration Rights
Agreement” means the Registration Rights Agreement, dated as of March 3,
2008, between the Company and the other parties named on the signature pages
thereof, as such agreement may be amended, modified or supplemented from time to
time.

     

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

     

    “Regulation S Global Note”
means a permanent Global Note in the form of each of Exhibit A1 and Exhibit A2,
respectively, hereto bearing the Global Note Legend and the Private Placement
Legend and deposited with or on behalf of and registered in the name of the
Depositary or its nominee, issued in a denomination equal to the outstanding
principal amount of 2013 Notes or 2018 Notes sold in reliance on Rule 903 of
Regulation S.

     

    “Responsible Officer,” when
used with respect to the Trustee, means any officer within the Corporate Trust
Administration of the Trustee (or any successor group of the Trustee) or any
other officer of the Trustee customarily performing functions similar to those
performed by any of the above designated officers and also means, with respect
to a particular corporate trust matter, any other officer to whom such matter is
referred because of his knowledge of and familiarity with the particular subject
and who shall have responsibility for the administration of this
Indenture.

     

    “Restricted Definitive Note”
means a Definitive Note bearing the Private Placement Legend.

     

    “Restricted Global Note”
means a Global Note bearing the Private Placement Legend.

     

    “Restricted Period” means the
period beginning on the date hereof and ending 40 days thereafter.

     

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

     

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

     

    “Rule 903” means Rule 903
promulgated under the Securities Act.

     

    “Rule 904” means Rule 904
promulgated under the Securities Act.

     

    “S&P” means Standard &
Poor’s Rating Services, a division of The McGraw-Hill Companies,
Inc.

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    “Sale/Leaseback Transaction”
means any arrangement with any Person (other than the Company or any of its
Subsidiaries) providing for a capitalized lease by the Company or any of its
subsidiaries of any property which has been or is to be sold or transferred by
the Company or any of its Subsidiaries to such Person or to any Person (other
than the Company or any of its Subsidiaries) by whom funds have been or are to
be advanced on the security of the leased property.

     

    “SEC” means the Securities
and Exchange Commission.

     

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

     

    “Shelf Registration
Statement” means the Shelf Registration Statement as defined in the
Registration Rights Agreement.

     

    “Stated Maturity” means, with
respect to any installment of interest or principal on any series of
Indebtedness, the date on which the payment of interest or principal was
scheduled to be paid in the documentation governing such Indebtedness as of the
date of this Indenture, and will not include any contingent obligations to
repay, redeem or repurchase any such interest or principal prior to the date
originally scheduled for the payment thereof.

     

    “Subsidiary” means, with
respect to any specified Person:

     

    (1) a
corporation a majority of whose Capital Stock with voting power, under ordinary
circumstances, to elect directors is at the time directly or indirectly owned by
the Company or by the Company and a Subsidiary or Subsidiaries of the Company or
by a Subsidiary or Subsidiaries of the Company; or

     

    (2) any other
Person (other than a corporation) in which the Company or the Company and a
Subsidiary or Subsidiaries of the Company or a Subsidiary or Subsidiaries of the
Company directly or indirectly at the date of determination thereof has at least
a majority ownership interest.

     

    “TIA” means the Trust
Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb).

     

    “Treasury Rate” means, with
respect to any redemption date, the rate per annum equal to the
semiannual equivalent yield to maturity of the Comparable Treasury Issue,
assuming a price for the Comparable Treasury Issue (expressed as a percentage of
its principal amount) equal to the Comparable Treasury Price for such redemption
date.

     

    “Trustee” means The Bank of
New York Trust Company, N.A., until a successor replaces it in accordance with
the applicable provisions of this Indenture and thereafter means the successor
serving hereunder.

     

    “Unrestricted Definitive
Note” means a Definitive Note that does not bear and is not required to
bear the Private Placement Legend.

     

    “Unrestricted Global Note”
means a Global Note that does not bear and is not required to bear the Private
Placement Legend.

     

    “U.S. Person” means a U.S.
Person as defined in Rule 902(k) promulgated under the Securities
Act.

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    “Voting Stock” of any
specified Person as of any date means the Capital Stock of such Person that is
at the time entitled to vote generally in the election of the Board of Directors
of such Person.

     

    Section
1.02 Other
Definitions.

     

    
      	 
      	
              Defined
      in

            
	
              Term

            	
              Section

            
	
              “Authentication
      Order”                                                                                                     

            	
              2.02

            
	
              “Change
      of Control
      Offer”                                                                                                     

            	
              4.09

            
	
              “Change
      of Control
      Payment”                                                                                                     

            	
              4.09

            
	
              “Change
      of Control Payment
      Date”                                                                                                     

            	
              4.09

            
	
              “Covenant
      Defeasance”                                                                                                     

            	
              8.03

            
	
              “DTC”                                                                                                     

            	
              2.03

            
	
              “Event
      of
      Default”                                                                                                     

            	
              6.01

            
	
              “Legal
      Defeasance”                                                                                                     

            	
              8.02

            
	
              “Paying
      Agent”                                                                                                     

            	
              2.03

            
	
              “Payment
      Default”                                                                                                     

            	
              6.01

            
	
              “Redemption
      Date”                                                                                                     

            	
              3.07

            
	
              “Registrar”                                                                                                     

            	
              2.03

            

    

    

    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.

     

    The
following TIA terms used in this Indenture have the following
meanings:

     

    “indenture securities” means
the Notes;

     

    “indenture security holder”
means a Holder of a Note;

     

    “indenture to be qualified”
means this Indenture;

     

    “indenture trustee” or “institutional trustee” means
the Trustee; and

     

    “obligor” on the Notes means
the Company and any successor obligor upon the Notes.

     

    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 have the
meanings so assigned to them.

     

    Section
1.04 Rules
of Construction.

     

    Unless
the context otherwise requires:

     

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

     

    (2) an
accounting term not otherwise defined has the meaning assigned to it in
accordance with GAAP;

     

    (3) “or” is
not exclusive;

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

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

     

    (5) “will”
shall be interpreted to express a command;

     

    (6) provisions
apply to successive events and transactions; and

     

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

                    

                                  
 ARTICLE
2                                

     

    THE
NOTES

     

    Section
2.01 Form
and Dating.

     

    (a) General.  The Notes
and the Trustee’s certificate of authentication will be substantially in the
form of Exhibits A1 and A2 hereto.  The Notes may have notations,
legends or endorsements required by law, stock exchange rule or
usage.  Each Note will be dated the date of its
authentication.  The Notes shall be in denominations of $2,000 and
integral multiples of $1,000 in excess thereof.

     

    The terms
and provisions contained in the Notes will constitute, and are hereby expressly
made, a part of this Indenture and the Company and the Trustee, by their
execution and delivery of this Indenture, expressly agree to such terms and
provisions and to be bound thereby.  However, to the extent any
provision of any Note conflicts with the express provisions of this Indenture,
the provisions of this Indenture shall govern and be controlling.

     

    (b) Global Notes.  2013
Notes issued in global form will be substantially in the form of Exhibit A1
hereto (including the Global Note Legend thereon and the “Schedule of Exchanges
of Interests in the Global Note” attached thereto).  2018 Notes issued
in global form will be substantially in the form of Exhibit A2 hereto (including
the Global Note Legend thereon and the “Schedule of Exchanges of Interests in
the Global Note” attached thereto).  2013 Notes issued in definitive
form will be substantially in the form of Exhibit A1 hereto (but without the
Global Note Legend thereon and without the “Schedule of Exchanges of Interests
in the Global Note” attached thereto).  2018 Notes issued in
definitive form will be substantially in the form of Exhibit A1 hereto (but
without the Global Note Legend thereon and without the “Schedule of Exchanges of
Interests in the Global Note” attached thereto).  Each Global Note
will represent such of the outstanding Notes as will be specified therein and
each shall provide that it represents the aggregate principal amount of
outstanding Notes from time to time endorsed thereon and that the aggregate
principal amount of outstanding Notes represented thereby may from time to time
be reduced or increased, as appropriate, to reflect exchanges and
redemptions.  Any endorsement of a Global Note to reflect the amount
of any increase or decrease in the aggregate principal amount of outstanding
Notes represented thereby will be made by the Trustee or the Custodian, at the
direction of the Trustee, in accordance with instructions given by the Holder
thereof as required by Section 2.06 hereof.

     

    Section
2.02 Execution
and Authentication.

     

    At least
one Officer must sign the Notes for the Company by manual or facsimile
signature.

     

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

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    A Note
will not be valid until authenticated by the manual signature of the
Trustee.  The signature will be conclusive evidence that the Note has
been authenticated under this Indenture.

     

    The
Trustee will, upon receipt of a written order of the Company signed by two
Officers (an “Authentication
Order”), authenticate Notes for original issue that may be validly issued
under this Indenture, including any Additional Notes.  The aggregate
principal amount of Notes outstanding at any time may not exceed the aggregate
principal amount of Notes authorized for issuance by the Company pursuant to one
or more Authentication Orders, except as provided in Section 2.07
hereof.

     

    The
Trustee may appoint an authenticating agent acceptable to the Company to
authenticate Notes.  An authenticating agent may authenticate Notes
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 Holders or an
Affiliate of the Company.

     

    Section
2.03 Registrar
and Paying Agent.

     

    The
Company will maintain an office or agency where Notes may be presented for
registration of transfer or for exchange (“Registrar”) and an office or
agency where Notes may be presented for payment (“Paying
Agent”).  The Registrar will keep a register of the Notes and
of their transfer and exchange.  The Company may appoint one or more
co-registrars and one or more additional paying agents.  The term
“Registrar” includes any co-registrar and the term “Paying Agent” includes any
additional paying agent.  The Company may change any Paying Agent or
Registrar without notice to any Holder.  The Company will notify the
Trustee in writing of the name and address of any Agent not a party to this
Indenture.  If the Company fails to appoint or maintain another entity
as Registrar or Paying Agent, the Trustee shall act as such.  The
Company or any of its Subsidiaries may act as Paying Agent or
Registrar.

     

    The
Company initially appoints The Depository Trust Company (“DTC”) to act as Depositary
with respect to the Global Notes.

     

    The
Company initially appoints the Trustee to act as the Registrar and Paying Agent
and to act as Custodian with respect to the Global Notes.

     

    Section
2.04 Paying
Agent to Hold Money in Trust.

     

    The
Company will require each Paying Agent other than the Trustee to agree in
writing that the Paying Agent will hold in trust for the benefit of Holders or
the Trustee all money held by the Paying Agent for the payment of principal,
premium or Additional Interest, if any, or interest on the Notes, 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 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) will have no further liability for the
money.  If the Company or a Subsidiary acts as Paying Agent, it will
segregate and hold in a separate trust fund for the benefit of the Holders all
money held by it as Paying Agent.  Upon any bankruptcy or
reorganization proceedings relating to the Company, the Trustee will serve as
Paying Agent for the Notes.

     

    Section
2.05 Holder
Lists.

     

    The
Trustee will preserve in as current a form as is reasonably practicable the most
recent list available to it of the names and addresses of all Holders and shall
otherwise comply with TIA § 312(a).  If the Trustee is not the
Registrar, the Company will furnish to the Trustee at least seven Business 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 the Holders of Notes and the
Company shall otherwise comply with TIA § 312(a).

     

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

     

    Section
2.06 Transfer
and Exchange.

     

    (a) Transfer and Exchange of Global
Notes.  A Global Note may not be transferred except as a whole
by the Depositary to a nominee of the Depositary, by a nominee of the Depositary
to the Depositary or to another nominee of the Depositary, or by the Depositary
or any such nominee to a successor Depositary or a nominee of such successor
Depositary.  All Global Notes will be exchanged by the Company for
Definitive Notes if:

     

    (1) the
Company delivers to the Trustee notice from the Depositary that it is unwilling
or unable to continue to act as Depositary or that it is no longer a clearing
agency registered under the Exchange Act and, in either case, a successor
Depositary is not appointed by the Company within 120 days after the date of
such notice from the Depositary;

     

    (2) the
Company in its sole discretion determines that the Global Notes (in whole but
not in part) should be exchanged for Definitive Notes and delivers a written
notice to such effect to the Trustee; or

     

    (3) there has
occurred and is continuing a Default or Event of Default with respect to the
Notes and the Holder delivers to the Company a request to undertake such an
exchange.

     

    Upon the
occurrence of either of the preceding events in (1) or (2) above, Definitive
Notes shall be issued in such names as the Depositary shall instruct the
Trustee.  Global Notes also may be exchanged or replaced, in whole or
in part, as provided in Sections 2.07 and 2.10 hereof.  Every Note
authenticated and delivered in exchange for, or in lieu of, a Global Note or any
portion thereof, pursuant to this Section 2.06 or Section 2.07 or 2.10 hereof,
shall be authenticated and delivered in the form of, and shall be, a Global
Note.  A Global Note may not be exchanged for another Note other than
as provided in this Section 2.06(a), however, beneficial interests in a Global
Note may be transferred and exchanged as provided in Section 2.06(b), (c) or (f)
hereof.

     

    (b) Transfer and Exchange of Beneficial
Interests in the Global Notes.  The transfer and exchange of
beneficial interests in the Global Notes will be effected through the
Depositary, in accordance with the provisions of this Indenture and the
Applicable Procedures.  Beneficial interests in the Restricted Global
Notes will be subject to restrictions on transfer comparable to those set forth
herein to the extent required by the Securities Act.  Transfers of
beneficial interests in the Global Notes also will require compliance with
either subparagraph (1) or (2) below, as applicable, as well as one or more of
the other following subparagraphs, as applicable:

     

    (1) Transfer of Beneficial Interests in
the Same Global Note.  Beneficial interests in any Restricted
Global Note may be transferred to Persons who take delivery thereof in the form
of a beneficial interest in the same Restricted Global Note in accordance with
the transfer restrictions set forth in the Private Placement Legend;
provided, however, that
prior to the expiration of the Restricted Period, transfers of beneficial
interests in the Regulation S Global Note may not be made to a U.S. Person or
for the account or benefit of a U.S. Person (other than an Initial Purchaser).
Beneficial interests in any Unrestricted Global Note may be transferred to
Persons who take delivery thereof in the form of a beneficial interest in an
Unrestricted Global Note.  No written orders or instructions shall be
required to be delivered to the Registrar to effect the transfers described in
this Section 2.06(b)(1).

     

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

     

    (2) All Other Transfers and Exchanges of
Beneficial Interests in Global Notes.  In connection with all
transfers and exchanges of beneficial interests that are not subject to Section
2.06(b)(1) above, the transferor of such beneficial interest must deliver to the
Registrar either:

     

    (A) both:

     

    (i) a written
order from a Participant or an Indirect Participant given to the Depositary in
accordance with the Applicable Procedures directing the Depositary to credit or
cause to be credited a beneficial interest in another Global Note in an amount
equal to the beneficial interest to be transferred or exchanged;
and

     

    (ii) instructions
given in accordance with the Applicable Procedures containing information
regarding the Participant account to be credited with such increase;
or

     

    (B) both:

     

    (i) a written
order from a Participant or an Indirect Participant given to the Depositary in
accordance with the Applicable Procedures directing the Depositary to cause to
be issued a Definitive Note in an amount equal to the beneficial interest to be
transferred or exchanged; and

     

    (ii) instructions
given by the Depositary to the Registrar containing information regarding the
Person in whose name such Definitive Note shall be registered to effect the
transfer or exchange referred to in (1) above.

     

    Upon
consummation of an Exchange Offer by the Company in accordance with Section
2.06(f) hereof, the requirements of this Section 2.06(b)(2) shall be deemed to
have been satisfied upon receipt by the Registrar of the instructions contained
in the Letter of Transmittal delivered by the Holder of such beneficial
interests in the Restricted Global Notes.  Upon satisfaction of all of
the requirements for transfer or exchange of beneficial interests in Global
Notes contained in this Indenture and the Notes or otherwise applicable under
the Securities Act, the Trustee shall adjust the principal amount of the
relevant Global Note(s) pursuant to Section 2.06(h) hereof.

     

    (3) Transfer of Beneficial Interests to
Another Restricted Global Note.  A beneficial interest in any
Restricted Global Note may be transferred to a Person who takes delivery thereof
in the form of a beneficial interest in another Restricted Global Note if the
transfer complies with the requirements of Section 2.06(b)(2) above and the
Registrar receives the following:

     

    (A) if the
transferee will take delivery in the form of a beneficial interest in the 144A
Global Note, then the transferor must deliver a certificate in the form of
Exhibit B hereto, including the certifications in item (1) thereof;

     

    (B) if the
transferee will take delivery in the form of a beneficial interest in the
Regulation S Global Note, then the transferor must deliver a certificate in the
form of Exhibit B hereto, including the certifications in item (2) thereof;
and

     

    (C) if the
transferee will take delivery in the form of a beneficial interest in the IAI
Global Note, then the transferor must deliver a certificate in the form of
Exhibit B hereto, including the certifications, certificates and Opinion of
Counsel required by item (3) thereof, if applicable.

     

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

     

    (4) Transfer and Exchange of Beneficial
Interests in a Restricted Global Note for Beneficial Interests in an
Unrestricted Global Note.  A beneficial interest in any
Restricted Global Note may be exchanged by any holder thereof for a beneficial
interest in an Unrestricted Global Note or transferred to a Person who takes
delivery thereof in the form of a beneficial interest in an Unrestricted Global
Note if the exchange or transfer complies with the requirements of Section
2.06(b)(2) above and:

     

    (A) such
exchange or transfer is effected pursuant to the Exchange Offer in accordance
with the Registration Rights Agreement and the holder of the beneficial interest
to be transferred, in the case of an exchange, or the transferee, in the case of
a transfer, certifies in the applicable Letter of Transmittal that it is not (i)
a Broker-Dealer, (ii) a Person participating in the distribution of the Exchange
Notes or (iii) a Person who is an affiliate (as defined in Rule 144) of the
Company;

     

    (B) such
transfer is effected pursuant to the Shelf Registration Statement in accordance
with the Registration Rights Agreement;

     

    (C) such
transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement;
or

     

    (D) the
Registrar receives the following:

     

    (i) if the
holder of such beneficial interest in a Restricted Global Note proposes to
exchange such beneficial interest for a beneficial interest in an Unrestricted
Global Note, a certificate from such holder in the form of Exhibit C hereto,
including the certifications in item (1)(a) thereof; or

     

    (ii) if the
holder of such beneficial interest in a Restricted Global Note proposes to
transfer such beneficial interest to a Person who shall take delivery thereof in
the form of a beneficial interest in an Unrestricted Global Note, a certificate
from such holder in the form of Exhibit B hereto, including the certifications
in item (4) thereof;

     

    and, in
each such case set forth in this subparagraph (D), if the Registrar so requests
or if the Applicable Procedures so require, an Opinion of Counsel in form
reasonably acceptable to the Registrar to the effect that such exchange or
transfer is in compliance with the Securities Act and that the restrictions on
transfer contained herein and in the Private Placement Legend are no longer
required in order to maintain compliance with the Securities Act; provided,
however, that no such Opinion of Counsel shall be required for transfers made
pursuant to Rule 144 that are consummated more than one year following the
issuance date of the applicable Notes by the Company.

     

    If any
such transfer is effected pursuant to subparagraph (B) or (D) above at a time
when an Unrestricted Global Note has not yet been issued, the Company shall
issue and, upon receipt of an Authentication Order in accordance with Section
2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global
Notes in an aggregate principal amount equal to the aggregate principal amount
of beneficial interests transferred pursuant to subparagraph (B) or (D)
above.

     

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

     

    Beneficial
interests in an Unrestricted Global Note cannot be exchanged for, or transferred
to Persons who take delivery thereof in the form of, a beneficial interest in a
Restricted Global Note.

     

    (c) Transfer
or Exchange of Beneficial Interests for Definitive Notes.

     

    (1) Beneficial Interests in Restricted
Global Notes to Restricted Definitive Notes.  If any holder of
a beneficial interest in a Restricted Global Note proposes to exchange such
beneficial interest for a Restricted Definitive Note or to transfer such
beneficial interest to a Person who takes delivery thereof in the form of a
Restricted Definitive Note, then, upon receipt by the Registrar of the following
documentation:

     

    (A) if the
holder of such beneficial interest in a Restricted Global Note proposes to
exchange such beneficial interest for a Restricted Definitive Note, a
certificate from such holder in the form of Exhibit C hereto, including the
certifications in item (2)(a) thereof;

     

    (B) if such
beneficial interest is being transferred to a QIB in accordance with Rule 144A,
a certificate to the effect set forth in Exhibit B hereto, including the
certifications in item (1) thereof;

     

    (C) if such
beneficial interest is being transferred to a Non-U.S. Person in an offshore
transaction in accordance with Rule 903 or Rule 904, a certificate to the effect
set forth in Exhibit B hereto, including the certifications in item (2)
thereof;

     

    (D) if such
beneficial interest is being transferred pursuant to an exemption from the
registration requirements of the Securities Act in accordance with Rule 144, a
certificate to the effect set forth in Exhibit B hereto, including the
certifications in item (3)(a) thereof;

     

    (E) if such
beneficial interest is being transferred to an Institutional Accredited Investor
in reliance on an exemption from the registration requirements of the Securities
Act other than those listed in subparagraphs (B) through (D) above, a
certificate to the effect set forth in Exhibit B hereto, including the
certifications, certificates and Opinion of Counsel required by item (3)(d)
thereof, if applicable;

     

    (F) if such
beneficial interest is being transferred to the Company or any of its
Subsidiaries, a certificate to the effect set forth in Exhibit B hereto,
including the certifications in item (3)(b) thereof; or

     

    (G) if such
beneficial interest is being transferred pursuant to an effective registration
statement under the Securities Act, a certificate to the effect set forth in
Exhibit B hereto, including the certifications in item (3)(c)
thereof,

     

    the
Trustee shall cause the aggregate principal amount of the applicable Global Note
to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company
shall execute and the Trustee shall authenticate and deliver to the Person
designated in the instructions a Definitive Note in the appropriate principal
amount.  Any Definitive Note issued in exchange for a beneficial
interest in a Restricted Global Note pursuant to this Section 2.06(c) shall be
registered in such name or names and in such authorized denomination or
denominations as the holder of such beneficial interest shall instruct the
Registrar through instructions from the Depositary and the Participant or
Indirect Participant.  The Trustee shall deliver such Definitive Notes
to the Persons in whose names such Notes are so registered.  Any
Definitive Note issued in exchange for a beneficial interest in a Restricted
Global Note pursuant to this Section 2.06(c)(1) shall bear the Private Placement
Legend and shall be subject to all restrictions on transfer contained
therein.

     

    
      
         

      

      
        16

        
          

        

      

      
         

      

    

     

    (2) Beneficial Interests in Restricted
Global Notes to Unrestricted Definitive Notes.  A holder of a
beneficial interest in a Restricted Global Note may exchange such beneficial
interest for an Unrestricted Definitive Note or may transfer such beneficial
interest to a Person who takes delivery thereof in the form of an Unrestricted
Definitive Note only if:

     

    (A) such
exchange or transfer is effected pursuant to the Exchange Offer in accordance
with the Registration Rights Agreement and the holder of such beneficial
interest, in the case of an exchange, or the transferee, in the case of a
transfer, certifies in the applicable Letter of Transmittal that it is not (i) a
Broker-Dealer, (ii) a Person participating in the distribution of the Exchange
Notes or (iii) a Person who is an affiliate (as defined in Rule 144) of the
Company;

     

    (B) such
transfer is effected pursuant to the Shelf Registration Statement in accordance
with the Registration Rights Agreement;

     

    (C) such
transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement;
or

     

    (D) the
Registrar receives the following:

     

    (i) if the
holder of such beneficial interest in a Restricted Global Note proposes to
exchange such beneficial interest for an Unrestricted Definitive Note, a
certificate from such holder in the form of Exhibit C hereto, including the
certifications in item (1)(b) thereof; or

     

    (ii) if the
holder of such beneficial interest in a Restricted Global Note proposes to
transfer such beneficial interest to a Person who shall take delivery thereof in
the form of an Unrestricted Definitive Note, a certificate from such holder in
the form of Exhibit B hereto, including the certifications in item (4)
thereof;

     

    and, in
each such case set forth in this subparagraph (D), if the Registrar so requests
or if the Applicable Procedures so require, an Opinion of Counsel in form
reasonably acceptable to the Registrar to the effect that such exchange or
transfer is in compliance with the Securities Act and that the restrictions on
transfer contained herein and in the Private Placement Legend are no longer
required in order to maintain compliance with the Securities Act; provided,
however, that no such Opinion of Counsel shall be required for transfers made
pursuant to Rule 144 that are consummated more than one year following the
issuance date of the applicable Notes by the Company.

     

    (3) Beneficial Interests in Unrestricted
Global Notes to Unrestricted Definitive Notes.  If any holder
of a beneficial interest in an Unrestricted Global Note proposes to exchange
such beneficial interest for a Definitive Note or to transfer such beneficial
interest to a Person who takes delivery thereof in the form of a Definitive
Note, then, upon satisfaction of the conditions set forth in Section 2.06(b)(2)
hereof, the Trustee will cause the aggregate principal amount of the applicable
Global Note to be reduced accordingly pursuant to Section 2.06(h) hereof, and
the Company will execute and the Trustee will authenticate and deliver to the
Person designated in the instructions a Definitive Note in the appropriate
principal amount.  Any Definitive Note issued in exchange for a
beneficial interest pursuant to this Section 2.06(c)(3) will be registered in
such name or names and in such authorized denomination or denominations as the
holder of such beneficial interest requests through instructions to the
Registrar from or through the Depositary and the Participant or Indirect
Participant.  The Trustee will deliver such Definitive Notes to the
Persons in whose names such Notes are so registered.  Any Definitive
Note issued in exchange for a beneficial interest pursuant to this Section
2.06(c)(3) will not bear the Private Placement Legend.

     

    
      
         

      

      
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    (d) Transfer
and Exchange of Definitive Notes for Beneficial Interests.

     

    (1) Restricted Definitive Notes to
Beneficial Interests in Restricted Global Notes.  If any Holder
of a Restricted Definitive Note proposes to exchange such Note for a beneficial
interest in a Restricted Global Note or to transfer such Restricted Definitive
Notes to a Person who takes delivery thereof in the form of a beneficial
interest in a Restricted Global Note, then, upon receipt by the Registrar of the
following documentation:

     

    (A) if the
Holder of such Restricted Definitive Note proposes to exchange such Note for a
beneficial interest in a Restricted Global Note, a certificate from such Holder
in the form of Exhibit C hereto, including the certifications in item (2)(b)
thereof;

     

    (B) if such
Restricted Definitive Note is being transferred to a QIB in accordance with Rule
144A, a certificate to the effect set forth in Exhibit B hereto, including the
certifications in item (1) thereof;

     

    (C) if such
Restricted Definitive Note is being transferred to a Non-U.S. Person in an
offshore transaction in accordance with Rule 903 or Rule 904, a certificate to
the effect set forth in Exhibit B hereto, including the certifications in item
(2) thereof;

     

    (D) if such
Restricted Definitive Note is being transferred pursuant to an exemption from
the registration requirements of the Securities Act in accordance with Rule 144,
a certificate to the effect set forth in Exhibit B hereto, including the
certifications in item (3)(a) thereof;

     

    (E) if such
Restricted Definitive Note is being transferred to an Institutional Accredited
Investor in reliance on an exemption from the registration requirements of the
Securities Act other than those listed in subparagraphs (B) through (D) above, a
certificate to the effect set forth in Exhibit B hereto, including the
certifications, certificates and Opinion of Counsel required by item (3)(d)
thereof, if applicable;

     

    (F) if such
Restricted Definitive Note is being transferred to the Company or any of its
Subsidiaries, a certificate to the effect set forth in Exhibit B hereto,
including the certifications in item (3)(b) thereof; or

     

    (G) if such
Restricted Definitive Note is being transferred pursuant to an effective
registration statement under the Securities Act, a certificate to the effect set
forth in Exhibit B hereto, including the certifications in item (3)(c)
thereof,

     

    the
Trustee will cancel the Restricted Definitive Note, increase or cause to be
increased the aggregate principal amount of, in the case of clause (A) above,
the appropriate Restricted Global Note, in the case of clause (B) above, the
144A Global Note, in the case of clause (C) above, the Regulation S Global Note,
and in all other cases, the IAI Global Note.

     

    
      
         

      

      
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    (2) Restricted Definitive Notes to
Beneficial Interests in Unrestricted Global Notes.  A Holder of
a Restricted Definitive Note may exchange such Note for a beneficial interest in
an Unrestricted Global Note or transfer such Restricted Definitive Note to a
Person who takes delivery thereof in the form of a beneficial interest in an
Unrestricted Global Note only if:

     

    (A) such
exchange or transfer is effected pursuant to the Exchange Offer in accordance
with the Registration Rights Agreement and the Holder, in the case of an
exchange, or the transferee, in the case of a transfer, certifies in the
applicable Letter of Transmittal that it is not (i) a Broker-Dealer, (ii) a
Person participating in the distribution of the Exchange Notes or (iii) a Person
who is an affiliate (as defined in Rule 144) of the Company;

     

    (B) such
transfer is effected pursuant to the Shelf Registration Statement in accordance
with the Registration Rights Agreement;

     

    (C) such
transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement;
or

     

    (D) the
Registrar receives the following:

     

    (i) if the
Holder of such Definitive Notes proposes to exchange such Notes for a beneficial
interest in the Unrestricted Global Note, a certificate from such Holder in the
form of Exhibit C hereto, including the certifications in item (1)(c) thereof;
or

     

    (ii) if the
Holder of such Definitive Notes proposes to transfer such Notes to a Person who
shall take delivery thereof in the form of a beneficial interest in the
Unrestricted Global Note, a certificate from such Holder in the form of Exhibit
B hereto, including the certifications in item (4) thereof;

     

    and, in
each such case set forth in this subparagraph (D), if the Registrar so requests
or if the Applicable Procedures so require, an Opinion of Counsel in form
reasonably acceptable to the Registrar to the effect that such exchange or
transfer is in compliance with the Securities Act and that the restrictions on
transfer contained herein and in the Private Placement Legend are no longer
required in order to maintain compliance with the Securities Act.

     

    Upon
satisfaction of the conditions of any of the subparagraphs in this Section
2.06(d)(2), the Trustee will cancel the Definitive Notes and increase or cause
to be increased the aggregate principal amount of the Unrestricted Global
Note.

     

    (3) Unrestricted Definitive Notes to
Beneficial Interests in Unrestricted Global Notes.  A Holder of
an Unrestricted Definitive Note may exchange such Note for a beneficial interest
in an Unrestricted Global Note or transfer such Definitive Notes to a Person who
takes delivery thereof in the form of a beneficial interest in an Unrestricted
Global Note at any time.  Upon receipt of a request for such an
exchange or transfer, the Trustee will cancel the applicable Unrestricted
Definitive Note and increase or cause to be increased the aggregate principal
amount of one of the Unrestricted Global Notes.

     

    
      
         

      

      
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    If any
such exchange or transfer from a Definitive Note to a beneficial interest is
effected pursuant to subparagraphs (2)(B), (2)(D) or (3) above at a time when an
Unrestricted Global Note has not yet been issued, the Company will issue and,
upon receipt of an Authentication Order in accordance with Section 2.02 hereof,
the Trustee will authenticate one or more Unrestricted Global Notes in an
aggregate principal amount equal to the principal amount of Definitive Notes so
transferred.

     

    (e) Transfer and Exchange of Definitive
Notes for Definitive Notes.  Upon request by a Holder of
Definitive Notes and such Holder’s compliance with the provisions of this
Section 2.06(e), the Registrar will register the transfer or exchange of
Definitive Notes.  Prior to such registration of transfer or exchange,
the requesting Holder must present or surrender to the Registrar the Definitive
Notes duly endorsed or accompanied by a written instruction of transfer in form
satisfactory to the Registrar duly executed by such Holder or by its attorney,
duly authorized in writing.  In addition, the requesting Holder must
provide any additional certifications, documents and information, as applicable,
required pursuant to the following provisions of this Section
2.06(e).

     

    (1) Restricted Definitive Notes to
Restricted Definitive Notes.  Any Restricted Definitive Note
may be transferred to and registered in the name of Persons who take delivery
thereof in the form of a Restricted Definitive Note if the Registrar receives
the following:

     

    (A) if the
transfer will be made pursuant to Rule 144A, then the transferor must deliver a
certificate in the form of Exhibit B hereto, including the certifications in
item (1) thereof;

     

    (B) if the
transfer will be made pursuant to Rule 903 or Rule 904, then the transferor must
deliver a certificate in the form of Exhibit B hereto, including the
certifications in item (2) thereof; and

     

    (C) if the
transfer will be made pursuant to any other exemption from the registration
requirements of the Securities Act, then the transferor must deliver a
certificate in the form of Exhibit B hereto, including the certifications,
certificates and Opinion of Counsel required by item (3) thereof, if
applicable.

     

    (2) Restricted Definitive Notes to
Unrestricted Definitive Notes.  Any Restricted Definitive Note
may be exchanged by the Holder thereof for an Unrestricted Definitive Note or
transferred to a Person or Persons who take delivery thereof in the form of an
Unrestricted Definitive Note if:

     

    (A) such
exchange or transfer is effected pursuant to the Exchange Offer in accordance
with the Registration Rights Agreement and the Holder, in the case of an
exchange, or the transferee, in the case of a transfer, certifies in the
applicable Letter of Transmittal that it is not (i) a Broker-Dealer, (ii) a
Person participating in the distribution of the Exchange Notes or (iii) a Person
who is an affiliate (as defined in Rule 144) of the Company;

     

    (B) any such
transfer is effected pursuant to the Shelf Registration Statement in accordance
with the Registration Rights Agreement;

     

    (C) any such
transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement;
or

     

    
      
         

      

      
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    (D) the
Registrar receives the following:

     

    (i) if the
Holder of such Restricted Definitive Notes proposes to exchange such Notes for
an Unrestricted Definitive Note, a certificate from such Holder in the form of
Exhibit C hereto, including the certifications in item (1)(d) thereof;
or

     

    (ii) if the
Holder of such Restricted Definitive Notes proposes to transfer such Notes to a
Person who shall take delivery thereof in the form of an Unrestricted Definitive
Note, a certificate from such Holder in the form of Exhibit B hereto, including
the certifications in item (4) thereof;

     

    and, in
each such case set forth in this subparagraph (D), if the Registrar so requests,
an Opinion of Counsel in form reasonably acceptable to the Registrar to the
effect that such exchange or transfer is in compliance with the Securities Act
and that the restrictions on transfer contained herein and in the Private
Placement Legend are no longer required in order to maintain compliance with the
Securities Act; provided, however, that no such Opinion of Counsel shall be
required for transfers made pursuant to Rule 144 that are consummated more than
one year following the issuance date of the applicable Notes by the
Company.

     

    (3) Unrestricted Definitive Notes to
Unrestricted Definitive Notes.  A Holder of Unrestricted
Definitive Notes may transfer such Notes to a Person who takes delivery thereof
in the form of an Unrestricted Definitive Note.  Upon receipt of a
request to register such a transfer, the Registrar shall register the
Unrestricted Definitive Notes pursuant to the instructions from the Holder
thereof.

     

    (f) Exchange
Offer.  Upon the occurrence of the Exchange Offer in accordance
with the Registration Rights Agreement, the Company will issue and, upon receipt
of an Authentication Order in accordance with Section 2.02 hereof, the Trustee
will authenticate:

     

    (1) one or
more Unrestricted Global Notes in an aggregate principal amount equal to the
principal amount of the beneficial interests in the Restricted Global Notes
accepted for exchange in the Exchange Offer by Persons that certify in the
applicable Letters of Transmittal that (A) they are not Broker-Dealers, (B) they
are not participating in a distribution of the Exchange Notes and (C) they are
not affiliates (as defined in Rule 144) of the Company; and

     

    (2) Unrestricted
Definitive Notes in an aggregate principal amount equal to the principal amount
of the Restricted Definitive Notes accepted for exchange in the Exchange Offer
by Persons that certify in the applicable Letters of Transmittal that (A) they
are not Broker-Dealers, (B) they are not participating in a distribution of the
Exchange Notes and (C) they are not affiliates (as defined in Rule 144) of the
Company.

     

    Concurrently
with the issuance of such Notes, the Trustee will cause the aggregate principal
amount of the applicable Restricted Global Notes to be reduced accordingly, and
the Company will execute and the Trustee will authenticate and deliver to the
Persons designated by the Holders of Definitive Notes so accepted Unrestricted
Definitive Notes in the appropriate principal amount.

     

    (g) Legends.  The
following legends will appear on the face of all Global Notes and Definitive
Notes issued under this Indenture unless specifically stated otherwise in the
applicable provisions of this Indenture.

     

    
      
         

      

      
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    (1) Private Placement
Legend.

     

    (A) Except as
permitted by subparagraph (B) below, each Global Note and each Definitive Note
(and all Notes issued in exchange therefor or substitution thereof) shall bear
the legend in substantially the following form:

     

    “THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”).  THE HOLDER HEREOF, BY PURCHASING THIS
SECURITY, AGREES FOR THE BENEFIT OF COMPUTER SCIENCES CORPORATION, THAT THIS
SECURITY MAY NOT BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED OTHER THAN
(1) TO COMPUTER SCIENCES CORPORATION, (2) SO LONG AS THIS SECURITY IS
ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”), TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED
INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A, PURCHASING FOR ITS OWN
ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS
GIVEN THAT THE RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON
RULE 144A, (3) IN AN OFFSHORE TRANSACTION (AS DEFINED UNDER REGULATION S UNDER
THE SECURITIES ACT) IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT,
(4) PURSUANT TO ANY EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT
PROVIDED BY RULE 144 (IF APPLICABLE) UNDER THE SECURITIES ACT, (5) TO AN
INSTITUTIONAL ACCREDITED INVESTOR THAT, PRIOR TO SUCH TRANSFER, FURNISHES TO THE
TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS
RELATING TO THE REGISTRATION AND TRANSFER OF THIS NOTE (THE FORM OF WHICH LETTER
CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN
AGGREGATE PRINCIPAL AMOUNT OF NOTES AT THE TIME OF TRANSFER OF LESS THAT
$250,000, AND OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS
IN COMPLIANCE WITH THE SECURITIES ACT, OR (6) PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT, IN EACH CASE IN ACCORDANCE WITH
ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.  THE
HOLDER HEREOF, BY PURCHASING THIS SECURITY, REPRESENTS AND AGREES FOR THE
BENEFIT OF COMPUTER SCIENCES CORPORATION.  THAT IT IS (1) A QUALIFIED
INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A OR (2) NOT A
U.S.  PERSON AND IS OUTSIDE THE UNITED STATES WITHIN THE MEANING OF
(OR AN ACCOUNT SATISFYING THE REQUIREMENTS OF PARAGRAPH (k)(2)(i) OF RULE 902
UNDER) REGULATION S UNDER THE SECURITIES ACT.”

     

    (B) Notwithstanding
the foregoing, any Global Note or Definitive Note issued pursuant to
subparagraphs (b)(4), (c)(2), (c)(3), (d)(2), (d)(3), (e)(2), (e)(3) or (f) of
this Section 2.06 (and all Notes issued in exchange therefor or substitution
thereof) will not bear the Private Placement Legend.

     

    (2) Global Note
Legend.  Each Global Note will bear a legend in substantially
the following form:

     

    “THIS
GLOBAL NOTE IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING
THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS
HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT
THAT (1) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT
TO SECTION 2.06 OF THE INDENTURE, (2) THIS GLOBAL NOTE MAY BE EXCHANGED IN WHOLE
BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE INDENTURE, (3) THIS GLOBAL
NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11
OF THE INDENTURE AND (4) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR
DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF COMPUTER SCIENCES
CORPORATION.

     

    
      
         

      

      
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    UNLESS
AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS
NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF
THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER
NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR
DEPOSITARY.  UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW
YORK) (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER,
EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER
ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.”

     

    (h) Cancellation and/or Adjustment of
Global Notes.  At such time as all beneficial interests in a
particular Global Note have been exchanged for Definitive Notes or a particular
Global Note has been redeemed, repurchased or canceled in whole and not in part,
each such Global Note will be returned to or retained and canceled by the
Trustee in accordance with Section 2.11 hereof.  At any time prior to
such cancellation, if any beneficial interest in a Global Note is exchanged for
or transferred to a Person who will take delivery thereof in the form of a
beneficial interest in another Global Note or for Definitive Notes, the
principal amount of Notes represented by such Global Note will be reduced
accordingly and an endorsement will be made on such Global Note by the Trustee
or by the Depositary at the direction of the Trustee to reflect such reduction;
and if the beneficial interest is being exchanged for or transferred to a Person
who will take delivery thereof in the form of a beneficial interest in another
Global Note, such other Global Note will be increased accordingly and an
endorsement will be made on such Global Note by the Trustee or by the Depositary
at the direction of the Trustee to reflect such increase.

     

    (i) General
Provisions Relating to Transfers and Exchanges.

     

    (1) To permit
registrations of transfers and exchanges, the Company will execute and the
Trustee will authenticate Global Notes and Definitive Notes upon receipt of an
Authentication Order in accordance with Section 2.02 hereof or at the
Registrar’s request.

     

    (2) No
service charge will be made to a Holder of a beneficial interest in a Global
Note or to a Holder of a Definitive Note for any registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any
transfer tax or similar governmental charge payable in connection therewith
(other than any such transfer taxes or similar governmental charge payable upon
exchange or transfer pursuant to Sections 2.10, 3.06 and 9.05
hereof).

     

    (3) The
Registrar will not be required to register the transfer of or exchange of any
Note selected for redemption in whole or in part, except the unredeemed portion
of any Note being redeemed in part.

     

    
      
         

      

      
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    (4) All
Global Notes and Definitive Notes issued upon any registration of transfer or
exchange of Global Notes or Definitive Notes will be the valid obligations of
the Company, evidencing the same debt, and entitled to the same benefits under
this Indenture, as the Global Notes or Definitive Notes surrendered upon such
registration of transfer or exchange.

     

    (5) Neither
the Registrar nor the Company will be required:

     

    (A) to issue,
to register the transfer of or to exchange any Notes during a period beginning
at the opening of business 15 days before the day of any selection of Notes for
redemption under Section 3.02 hereof and ending at the close of business on the
day of selection;

     

    (B) to
register the transfer of or to exchange any Note selected for redemption in
whole or in part, except the unredeemed portion of any Note being redeemed in
part; or

     

    (C) to
register the transfer of or to exchange a Note between a record date and the
next succeeding interest payment date.

     

    (6) Prior to
due presentment for the registration of a transfer of any Note, the Trustee, any
Agent and the Company may deem and treat the Person in whose name any Note is
registered as the absolute owner of such Note for the purpose of receiving
payment of principal of and interest on such Notes and for all other purposes,
and none of the Trustee, any Agent or the Company shall be affected by notice to
the contrary.

     

    (7) The
Trustee will authenticate Global Notes and Definitive Notes in accordance with
the provisions of Section 2.02 hereof.

     

    (8) All
certifications, certificates and Opinions of Counsel required to be submitted to
the Registrar pursuant to this Section 2.06 to effect a registration of transfer
or exchange may be submitted by facsimile.

     

    Section
2.07 Replacement
Notes.

     

    If any
mutilated Note is surrendered to the Trustee or the Company and the Trustee
receives evidence to its satisfaction of the destruction, loss or theft of any
Note, the Company will issue and the Trustee, upon receipt of an Authentication
Order, will authenticate a replacement Note if the Trustee’s requirements are
met.  If required by the Trustee or the Company, an indemnity bond
must be supplied by the Holder that is sufficient in the judgment of the Trustee
and the Company to protect the Company, the Trustee, any Agent and any
authenticating agent from any loss that any of them may suffer if a Note is
replaced.  The Company may charge for its expenses in replacing a
Note.

     

    Every
replacement Note is an additional obligation of the Company and will be entitled
to all of the benefits of this Indenture equally and proportionately with all
other Notes duly issued hereunder.

     

    Section
2.08 Outstanding
Notes.

     

    The Notes
outstanding at any time are all the Notes authenticated by the Trustee except
for those canceled by it, those delivered to it for cancellation, those
reductions in the interest in a Global Note effected by the Trustee in
accordance with the provisions hereof, and those described in this Section 2.08
as not outstanding.  Except as set forth in Section 2.09 hereof, a
Note does not cease to be outstanding because the Company or an Affiliate of the
Company holds the Note.

     

    
      
         

      

      
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    If a Note
is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless
the Trustee receives proof satisfactory to it that the replaced Note is held by
a protected purchaser.

     

    If the
principal amount of any Note is considered paid under Section 4.01 hereof, it
ceases to be outstanding and interest on it ceases to accrue.

     

    If the
Paying Agent (other than the Company, a Subsidiary or an Affiliate of any
thereof) holds, on a redemption date or maturity date, money sufficient to pay
Notes payable on that date, then on and after that date such Notes will be
deemed to be no longer outstanding and will cease to accrue
interest.

     

    Section
2.09 Treasury
Notes.

     

    In
determining whether the Holders of the required principal amount of Notes have
concurred in any direction, waiver or consent, Notes owned by the Company, or by
any Person directly or indirectly controlling or controlled by or under direct
or indirect common control with the Company, will be considered as though not
outstanding, except that for the purposes of determining whether the Trustee
will be protected in relying on any such direction, waiver or consent, only
Notes that the Trustee knows are so owned will be so disregarded.

     

    Section
2.10 Temporary
Notes.

     

    Until
certificates representing Notes are ready for delivery, the Company may prepare
and the Trustee, upon receipt of an Authentication Order, will authenticate
temporary Notes.  Temporary Notes will be substantially in the form of
certificated Notes but may have variations that the Company considers
appropriate for temporary Notes and as may be reasonably acceptable to the
Trustee.  Without unreasonable delay, the Company will prepare and the
Trustee will authenticate definitive Notes in exchange for temporary
Notes.

     

    Holders
of temporary Notes will be entitled to all of the benefits of this
Indenture.

     

    Section
2.11 Cancellation.

     

    The
Company at any time may deliver Notes to the Trustee for
cancellation.  The Registrar and Paying Agent will forward to the
Trustee any Notes surrendered to them for registration of transfer, exchange or
payment.  The Trustee and no one else will cancel all Notes
surrendered for registration of transfer, exchange, payment, replacement or
cancellation and will dispose of canceled Notes in its customary manner (subject
to the record retention requirement of the Exchange
Act).  Certification of the disposal of all canceled Notes will be
delivered to the Company upon its request therefor.  The Company may
not issue new Notes to replace Notes that it has paid or that have been
delivered to the Trustee for cancellation.

     

    Section
2.12 Defaulted
Interest.

     

    If the
Company defaults in a payment of interest on the Notes, it will pay the
defaulted interest in any lawful manner plus, to the extent lawful, interest
payable on the defaulted interest, to the Persons who are Holders on a
subsequent special record date, in each case at the rate provided in the Notes
and in Section 4.01 hereof.  The Company will notify the Trustee in
writing of the amount of defaulted interest proposed to be paid on each Note and
the date of the proposed payment.  The Company will fix or cause to be
fixed each such special record date and payment date; provided that no such
special record date may be less than 10 days prior to the related payment date
for such defaulted interest.  At least 15 days before the special
record date, the Company (or, upon the written request of the Company, the
Trustee in the name and at the expense of the Company) will mail or cause to be
mailed to Holders a notice that states the special record date, the related
payment date and the amount of such interest to be paid.

     

    
      
         

      

      
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    Section
2.13 CUSIP
Numbers.

     

    The
Company in issuing the Notes of a series may use “CUSIP” numbers (if then
generally in use), and, if so, the Trustee shall use “CUSIP” 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 Notes or as contained in any notice of a redemption and that
reliance may be placed only on the other identification numbers printed on the
Notes, and any such redemption shall not be affected by any defect in or
omission of such numbers. The Company will promptly notify the Trustee of any
change in the “CUSIP”
numbers.

     

    ARTICLE
3                                

     

    REDEMPTION
AND PREPAYMENT

     

    Section
3.01 Notices
to Trustee.

     

    If the
Company elects to redeem Notes pursuant to the optional redemption provisions of
Section 3.07 hereof, it must furnish to the Trustee, at least 30 days but not
more than 60 days before a redemption date, an Officers’ Certificate setting
forth:

     

    (1) the
clause of this Indenture pursuant to which the redemption shall
occur;

     

    (2) the
redemption date;

     

    (3) the
principal amount of Notes to be redeemed; and

     

    (4) the
redemption price.

     

    Section
3.02 Selection
of Notes to Be Redeemed or Purchased.

     

    If less
than all of the Notes are to be redeemed or purchased in an offer to purchase at
any time, the Trustee will select Notes for redemption or purchase on a pro rata basis unless
otherwise required by law or applicable stock exchange
requirements.

     

    In the
event of partial redemption or purchase by lot, the particular Notes to be
redeemed or purchased will be selected, unless otherwise provided herein, not
less than 30 nor more than 90 days prior to the redemption or purchase date by
the Trustee from the outstanding Notes not previously called for redemption or
purchase.

     

    The
Trustee will promptly notify the Company in writing of the Notes selected for
redemption or purchase and, in the case of any Note selected for partial
redemption or purchase, the principal amount thereof to be redeemed or
purchased.  Notes and portions of Notes selected will be in amounts of
$2,000 or whole multiples of $1,000 in excess thereof; except that if all of the
Notes of a Holder are to be redeemed or purchased, the entire outstanding amount
of Notes held by such Holder, even if not a multiple of $1,000, shall be
redeemed or purchased.  Except as provided in the preceding sentence,
provisions of this Indenture that apply to Notes called for redemption or
purchase also apply to portions of Notes called for redemption or
purchase.

     

    
      
         

      

      
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    Section
3.03 Notice
of Redemption.

     

    At least
30 days but not more than 60 days before a redemption date, the Company will
mail or cause the Trustee to mail, by first class mail, a notice of redemption
to each Holder whose Notes are to be redeemed at its registered address, except
that redemption notices may be mailed more than 60 days prior to a redemption
date if the notice is issued in connection with a defeasance of the Notes or a
satisfaction and discharge of this Indenture pursuant to Articles 8 or 10
hereof.

     

    The
notice will identify the Notes to be redeemed and will state:

     

    (1) the
redemption date;

     

    (2) the
redemption price;

     

    (3) if any
Note is being redeemed in part, the portion of the principal amount of such Note
to be redeemed and that, after the redemption date upon surrender of such Note,
a new Note or Notes in principal amount equal to the unredeemed portion will be
issued upon cancellation of the original Note;

     

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

     

    (5) that
Notes called for redemption must be surrendered to the Paying Agent to collect
the redemption price;

     

    (6) that,
unless the Company defaults in making such redemption payment, interest on Notes
called for redemption ceases to accrue on and after the redemption
date;

     

    (7) the
paragraph of the Notes and/or Section of this Indenture pursuant to which the
Notes called for redemption are being redeemed; and

     

    (8) that no
representation is made as to the correctness or accuracy of the CUSIP number, if
any, listed in such notice or printed on the Notes.

     

    Any
notice that is mailed in the manner herein provided shall be conclusively
presumed to have been duly given, whether or not the registered holder receives
the notice.  In any case, failure duly to give such notice to the
Holder of any Notes designated for redemption in whole or in part, or any defect
in the notice, shall not affect the validity of the proceedings for the
redemption of any other Notes of such series or any other series.  At
the Company’s request, the Trustee will give the notice of redemption in the
Company’s name and at its expense; provided, however, that the Company
has delivered to the Trustee, at least 15 days prior to the proposed publication
date of the notice, an Officers’ Certificate requesting that the Trustee give
such notice and setting forth the information to be stated in such notice as
provided in the preceding paragraph.

     

    Section
3.04 Effect
of Notice of Redemption.

     

    Once
notice of redemption is mailed in accordance with Section 3.03 hereof, Notes
called for redemption become irrevocably due and payable on the redemption date
at the redemption price.  A notice of redemption may not be
conditional.

     

    
      
         

      

      
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    Section
3.05 Deposit
of Redemption or Purchase Price.

     

    At least
one Business Day prior to the redemption or purchase date, the Company will
deposit with the Trustee or with the Paying Agent money sufficient to pay the
redemption or purchase price of and accrued interest and Additional Interest, if
any, on all Notes to be redeemed or purchased on that date.  The
Trustee or the Paying Agent will promptly return to the Company any money
deposited with the Trustee or the Paying Agent by the Company in excess of the
amounts necessary to pay the redemption or purchase price of, and accrued
interest and Additional Interest, if any, on, all Notes to be redeemed or
purchased.

     

    If the
Company complies with the provisions of the preceding paragraph, on and after
the redemption or purchase date, interest will cease to accrue on the Notes or
the portions of Notes called for redemption or purchase.  If a Note is
redeemed or purchased on or after an interest record date but on or prior to the
related interest payment date, then any accrued and unpaid interest shall be
paid to the Person in whose name such Note was registered at the close of
business on such record date.  If any Note called for redemption or
purchase is not so paid upon surrender for redemption or purchase because of the
failure of the Company to comply with the preceding paragraph, interest shall be
paid on the unpaid principal, from the redemption or purchase date until such
principal is paid, and to the extent lawful on any interest not paid on such
unpaid principal, in each case at the rate provided in the Notes and in Section
4.01 hereof.

     

    Section
3.06 Notes
Redeemed or Purchased in Part.

     

    Upon
surrender of a Note that is redeemed or purchased in part, the Company will
issue and, upon receipt of an Authentication Order, the Trustee will
authenticate for the Holder at the expense of the Company a new Note equal in
principal amount to the unredeemed or unpurchased portion of the Note
surrendered.

     

    Section
3.07 Optional
Redemption.

     

    (a) The 2013
and the 2018 Notes will be redeemable as a whole or in part, at the Company’s
option, at any time, from time to time, at a redemption price equal to the
greater of:

     

    (1) 100% of
the principal amount of the 2013 Notes or the 2018 Notes, as applicable;
and

     

    (2) as
determined by the Independent Investment Banker, the sum of the present values
of the remaining scheduled payments of principal and interest thereon (not
including any portion of such interest payments accrued as of the redemption
date), discounted to the redemption date on a semiannual basis (assuming a
360-day year consisting of twelve 30-day months) at the Treasury Rate plus (A)
0.50%, with respect to the 2013 Notes, or (B) 0.50%, with respect to the
2018 Notes.

     

    Section
3.08 Mandatory
Redemption.

     

    The
Company is not required to make mandatory redemption or sinking fund payments
with respect to the Notes.

     

    
      
         

      

      
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ARTICLE
4                                

     

    COVENANTS

     

    Section
4.01 Payment
of Notes.

     

    The
Company will pay or cause to be paid the principal of, premium, if any, and
interest and Additional Interest, if any, on, the Notes on the dates and in the
manner provided in the Notes.  Principal, premium, if any, and
interest and Additional Interest, if any will be considered paid on the date due
if the Paying Agent, if other than the Company or a Subsidiary thereof, holds as
of 10:00 a.m. Eastern Time on the due date money deposited by the Company in
immediately available funds and designated for and sufficient to pay all
principal, premium, if any, and interest then due.  The Company will
pay all Additional Interest, if any, in the same manner on the dates and in the
amounts set forth in the Registration Rights Agreement.

     

    The
Company will pay interest (including post-petition interest in any proceeding
under any Bankruptcy Law) on overdue principal at the rate equal to 1% per annum in excess of the
then applicable interest rate on the Notes to the extent lawful; it will pay
interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue installments of interest and Additional Interest
(without regard to any applicable grace period) at the same rate to the extent
lawful.

     

    Section
4.02 Maintenance
of Office or Agency.

     

    The
Company will maintain in the Borough of Manhattan, the City of New York, an
office or agency (which may be an office of the Trustee or an affiliate of the
Trustee, Registrar or co-registrar) where Notes may be surrendered for
registration of transfer or for exchange and where notices and demands to or
upon the Company in respect of the Notes and this Indenture may be
served.  The Company will give prompt written notice to the Trustee of
the location, and any change in the location, of such office or
agency.  If at any time the Company fails to maintain any such
required office or agency or fails to furnish the Trustee with the address
thereof, such presentations, surrenders, notices and demands may be made or
served at the Corporate Trust Office.

     

    The
Company may also from time to time designate one or more other offices or
agencies where the Notes may be presented or surrendered for any or all such
purposes and may from time to time rescind such designations; provided, however, that no such
designation or rescission will in any manner relieve the Company of its
obligation to maintain an office or agency in the Borough of Manhattan, the City
of New York 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 location of any such other office or agency.

     

    The
Company hereby designates the Corporate Trust Office as one such office or
agency of the Company in accordance with Section 2.03 hereof.

     

    Section
4.03 Reports.

     

    (a) Whether
or not required by the rules and regulations of the SEC, so long as any Notes of
a particular series are outstanding, the Company will furnish to the Holders of
Notes of such series or cause the Trustee to furnish to the Holders of Notes of
such series, within 15 days of the time periods specified in the SEC’s rules and
regulations, all current, quarterly and annual reports that would be required to
be filed with the SEC on Forms 8-K, 10-Q and 10-K if the Company were required
to file such reports, including a “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” and, with respect to each annual
report on Form 10-K, a report thereon by the Company’s certified
independent accountants.

     

    
      
         

      

      
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    In
addition, the Company will file a copy of each of the reports referred to in
this Section 4.03(a) with the SEC for public availability within the time
periods specified in the rules and regulations applicable to such reports
(unless the SEC will not accept such a filing) and will post the reports on its
website within those time periods.  The Company will at all times
comply with TIA § 314(a).

     

    If, at
any time, the Company is no longer subject to the periodic reporting
requirements of the Exchange Act for any reason, the Company will nevertheless
continue filing the reports specified in this Section 4.03(a) with the SEC
within the time periods specified above unless the SEC will not accept such a
filing.  The Company will not take any action for the purpose of
causing the SEC not to accept any such filings.

     

    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).

     

    (b) For so
long as any Notes of a particular series remain outstanding, if at any time it
is not required to file with the SEC the reports required by paragraph (a) of
this Section 4.03, the Company will furnish to the Holders of such series and to
securities analysts and prospective investors, upon their request, the
information required to be delivered pursuant to Rule 144A(d)(4) under the
Securities Act.

     

    Section
4.04 Compliance
Certificate.

     

    (a) The
Company, so long as any Notes are outstanding, will deliver to the Trustee,
within 120 days after the end of each fiscal year ending after the date of this
Indenture, an Officers’ Certificate signed by its principal executive officer,
principal financial officer or principal accounting officer stating whether or
not, to the best knowledge of the signer thereof, the Company is in default
in the performance and observance of any of the terms, provisions and conditions
of this Indenture, and if the Company shall be in default, specifying all such
defaults and the nature and status thereof of which they may have
knowledge.

     

    (b) The
Company, so long as any of the Notes are outstanding, shall promptly deliver to
the Trustee, forthwith upon any Officer becoming aware of the occurrence of any
Default or Event of Default, an Officers’ Certificate specifying such Default or
Event of Default and the action which the Company proposes to make with respect
thereto.

     

    Section
4.05 Taxes.

     

    The
Company will pay, and will cause each of its Subsidiaries to pay, prior to
delinquency, all material taxes, assessments, and governmental levies except
such as are contested in good faith and by appropriate proceedings or where the
failure to effect such payment is not adverse in any material respect to the
Holders of the Notes.

     

    Section
4.06 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, that may affect the covenants or the
performance of this Indenture; and the Company (to the extent that it may
lawfully do so) hereby expressly waives all benefit or advantage of any such
law, and 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.

     

    
      
         

      

      
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    Section
4.07 Limitations
on Liens.

     

    Other than as provided in Section 4.11
below, neither the Company nor any of its Subsidiaries may create, incur, assume
or suffer to exist any Lien upon any of the Company’s property to secure any
Indebtedness, except for:

     

    (1) Liens
existing on the date hereof and any extension, renewal or replacement (or
successive extensions, renewals or replacements) of any such Lien; provided that
no such extension, renewal or replacement will extend to or cover any property
other than the property covered by such existing Lien;

     

    (2) Liens on
property existing at the time the Company or any of its Subsidiaries acquires
such property, provided that such Liens:

     

    (A) are not
incurred in connection with, or in contemplation of the acquisition of the
property acquired; and

     

    (B) do not
extend to or cover any of the Company’s property or any of its Subsidiaries’
property other than the property so acquired;

     

    (3) Liens on
any property of a corporation or other entity existing at the time such
corporation or entity becomes the Company’s Subsidiary or is merged into or
consolidated with the Company or a Subsidiary or at the time of a sale, lease or
other disposition of the properties of such corporation or entity as an entirety
or substantially as an entirety to the Company or a Subsidiary, provided that
such Liens:

     

    (A) are not
incurred in connection with or in contemplation of such corporation or entity
becoming a Subsidiary or merging or consolidating with the Company or a
Subsidiary or are not incurred in connection with or in contemplation of the
sale, lease or other disposition of the properties of such corporation or other
entity; and

     

    (B) do not
extend to or cover any of the Company’s property or any of its Subsidiaries’
property other than the property of such corporation or other entity;
and

     

    (4) purchase
money Liens upon or in any real or personal property (including fixtures and
other equipment) the Company or any of its Subsidiaries hold or have acquired to
secure the purchase price of such property or to secure Indebtedness incurred
solely to finance or refinance the acquisition or improvement of such property
and incurred within 180 days after completion of such acquisition or
improvement, provided that no such Lien will extend to or cover any property
other than the property being acquired or improved.

     

    Section
4.08 Corporate
Existence.

     

    Subject
to Article 5 hereof, the Company shall do or cause to be done all things
necessary to preserve and keep in full force and effect its corporate existence
and the rights (charter and statutory), licenses and franchises of the Company;
provided, however, that the Company shall not
be required to preserve any such right, license or franchise 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 of the Notes

     

    
      
         

      

      
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    Section
4.09 Change
of Control.

     

    (a) If a
Change of Control Triggering Event occurs with respect to a particular series of
Notes, unless the Company has exercised its option to redeem such Notes as
described in Section 3.07 hereof, the Company will make an offer (a “Change of Control Offer”) to
each Holder of such Notes to repurchase all or any part (equal to $2,000 or an
integral multiple of $1,000 in excess thereof) of that Holder’s Notes at a
repurchase price, payable in cash, equal to 101% of the aggregate principal
amount of Notes repurchased, plus accrued and unpaid interest, and Additional
Interest if any, on the Notes repurchased to the date of repurchase (the “Change of Control
Payment”).  Within 30 days following any Change of Control
Triggering Event or, at the Company’s option, prior to any Change of Control,
but after public announcement of the transaction that constitutes or may
constitute the Change of Control, a notice will be sent to Holders of the Notes,
with a copy to the Trustee, describing the transaction that constitutes or may
constitute the Change of Control Triggering Event and offering to repurchase
such Notes on the date specified in the notice, which date will be no earlier
than 30 days and no later than 90 days from the date such notice is mailed (the
“Change of Control Payment
Date”).  The notice will, if mailed prior to the date of
consummation of the Change of Control, state that the offer to purchase is
conditioned on the Change of Control Triggering Event occurring on or prior to
the Change of Control Payment Date and shall state the following:

     

    (1) that the
Change of Control Offer is being made pursuant to this Section 4.09 and that all
Notes tendered will be accepted for payment;

     

    (2) the
purchase price and the purchase date, which shall be no earlier than 30 days and
no later than 90 days from the date such notice is mailed;

     

    (3) that any
Note not tendered will continue to accrue interest;

     

    (4) that,
unless the Company defaults in the payment of the Change of Control Payment, all
Notes accepted for payment pursuant to the Change of Control Offer will cease to
accrue interest after the Change of Control Payment Date;

     

    (5) that
Holders electing to have any Notes purchased pursuant to a Change of Control
Offer will be required to surrender the Notes, with the form entitled “Option of
Holder to Elect Purchase” attached to the Notes completed, or transfer by
book-entry transfer, to the Paying Agent at the address specified in the notice
prior to the close of business on the third Business Day preceding the Change of
Control Payment Date;

     

    (6) that
Holders will be entitled to withdraw their election if the Paying Agent
receives, not later than the close of business on the second Business Day
preceding the Change of Control Payment Date, a telegram, telex, facsimile
transmission or letter setting forth the name of the Holder, the principal
amount of Notes delivered for purchase, and a statement that such Holder is
withdrawing his election to have the Notes purchased; and

     

    (7) that
Holders whose Notes are being purchased only in part will be issued new Notes
equal in principal amount to the unpurchased portion of the Notes surrendered,
which unpurchased portion must be equal to $2,000 in principal amount or an
integral multiple of $1,000 in excess thereof.

     

    
      
         

      

      
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    The
Company will comply with the requirements of Rule 14e-1 under the Exchange Act
and any other securities laws and regulations thereunder to the extent those
laws and regulations are applicable in connection with the repurchase of the
Notes as a result of a Change in Control Triggering Event.  To the
extent that the provisions of any securities laws or regulations conflict with
the provisions of this Section 4.09, the Company will comply with the applicable
securities laws and regulations and will not be deemed to have breached its
obligations under this Section 4.09 by virtue of such compliance.

     

    (b) On the
Change of Control Payment Date, the Company will, to the extent
lawful:

     

    (1) accept
for payment all Notes or portions of Notes properly tendered pursuant to the
Change of Control Offer;

     

    (2) deposit
with the Paying Agent an amount equal to the Change of Control Payment in
respect of all Notes or portions of Notes properly tendered; and

     

    (3) deliver
or cause to be delivered to the Trustee the Notes properly accepted together
with an Officers’ Certificate stating the aggregate principal amount of Notes or
portions of Notes being repurchased.

     

    The
Paying Agent will promptly mail (but in any case not later than five days after
the Change of Control Payment Date) to each Holder of Notes properly tendered
the Change of Control Payment for such Notes, and the Trustee will promptly
authenticate and mail (or cause to be transferred by book entry) to each Holder
a new Note equal in principal amount to any unpurchased portion of the Notes
surrendered, if any.  The Company will publicly announce the results
of the Change of Control Offer on or as soon as practicable after the Change of
Control Payment Date.

     

    (c) Notwithstanding
anything to the contrary in this Section 4.09, the Company will not be required
to make a Change of Control Offer upon the occurrence of a Change of Control
Triggering Event if (1) a third party makes such an offer in the manner, at the
times and otherwise in compliance with the requirements set forth in this
Section 4.09 and the third party repurchases all Notes properly tendered and not
withdrawn under its offer, or (2) notice of redemption has been given pursuant
to Section 3.07 hereof, unless and until there is a default in payment of the
applicable redemption price.

     

    Section
4.10 Limitation
on Sale and Leaseback Transactions.

     

    Other than as provided in Section 4.11
below, neither the Company nor any of its Subsidiaries may enter into any
Sale/Leaseback Transaction unless the Company or such Subsidiary would be
entitled, pursuant to Section 4.07, to create, incur, assume or suffer to exist
any Lien upon any of the Company’s property subject to such Sale/Leaseback
Transaction.

     

    Section
4.11 Permitted
Liens and Permitted Sale and Leaseback Transactions.

     

    (a) Notwithstanding the
restrictions set forth under Section 4.07 and 4.10, the Company or any
of its
Subsidiaries
may create, incur, assume or suffer to exist any Lien or enter into
any Sale/Leaseback Transaction not otherwise
permitted pursuant to Section 4.07 or 4.10; provided that, at the time of such
event, and after giving effect to that event, the aggregate amount of all
Indebtedness secured by Liens permitted by this Section 4.11 (excluding the
Liens permitted pursuant to Section 4.07) and the aggregate amount of all
Attributable Debt in respect of Sale/Leaseback Transactions permitted by this
Section 4.11 (excluding Sale/Leaseback Transactions permitted under Section
4.10) measured, in each case, at the time any such Lien is incurred or any such
Sale/Leaseback Transaction is entered into, by the
Company or any Subsidiary does not exceed 20% of the
Company’s
Consolidated
Net Tangible Assets.

     

    
      
         

      

      
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    (b) Notwithstanding the
foregoing, the Company or any of its Subsidiaries may
create, incur, assume or suffer to exist Indebtedness secured by Liens not
otherwise permitted by Section 4.11(a) if the Company first makes effective
provisions whereby each series of Notes (together with any other Indebtedness of
the Company then existing or thereafter created ranking equally with such Notes
and similarly entitled to be equally and ratably secured) shall be secured
equally and ratably with such Indebtedness for so long as such Indebtedness
shall so be secured.

     

                                   ARTICLE
5                                

     

    SUCCESSORS

     

    Section
5.01 Merger,
Consolidation, or Sale of Assets.

     

    Without
the consent of any Holder of Notes, the Company may consolidate with, or merge
into, or sell, transfer, lease or convey its assets substantially as an entirety
to any entity, provided that:

     

    (1) the
entity formed by or surviving any such consolidation or merger (if other than
the Company) or to which such sale, transfer, lease or conveyance shall have
been made, is a corporation organized and existing under the laws of the United
States of America, any state, or the District of Columbia;

     

    (2) the
corporation formed by or surviving any such consolidation or merger (if other
than the Company), or to which such sale, transfer, lease or conveyance shall
have been made, expressly assumes all of the Company’s obligations under the
Registration Rights Agreement, and the Obligations under the Notes and this
Indenture pursuant to agreements reasonably acceptable to the Trustee;
and

     

    (3) immediately
before and after giving effect to the transaction, no Default or Event of
Default has occurred and is continuing.

     

    The
Company shall deliver 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, transfer, lease, conveyance or other
disposition of the assets of the Company substantially as an entirety in a
transaction that is subject to, and that complies with the provisions of,
Section 5.01 hereof, the successor Person formed by such consolidation or into
or with which the Company is merged or to which such sale, lease, transfer,
conveyance or other disposition is made shall succeed to, and be substituted for
(so that from and after the date of such consolidation, merger, sale, lease,
transfer, conveyance or other disposition, the provisions of this Indenture
referring to the “Company” shall refer instead to the successor Person and not
to the Company), and may exercise every right and power of the Company under
this Indenture with the same effect as if such successor Person had been named
as the Company herein; provided, however, that the
predecessor Company shall not be relieved from the obligation to pay the
principal of and interest on the Notes except in the case of a sale of all of
the Company’s assets in a transaction that is subject to, and that complies with
the provisions of, Section 5.01 hereof.

     

    
      
         

      

      
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                                     ARTICLE
6                                

     

    DEFAULTS
AND REMEDIES

     

    Section
6.01 Events
of Default.

     

    Each of
the following is an “Event of
Default” with respect to a particular series of Notes:

     

    (1) default
for 90 days in the payment when due of interest (or Additional Interest, if any)
on such series of Notes so long as the period within which such payment is due
has not been extended or deferred;

     

    (2) default
in the payment when due (at maturity, upon redemption or otherwise) of the
principal of, or premium, if any, on, such series of Notes;

     

    (3) failure
by the Company for 90 days after notice to the Company by the Trustee or the
Holders of at least 25% in aggregate principal amount of the Notes of such
series then outstanding voting as a single class to perform or observe any of
the other covenants or agreements in this Indenture applicable to such
series;

     

    (4) any of
the Company’s Indebtedness in the aggregate outstanding principal amount of $100
million or more either:

     

    (A) becomes
due and payable prior to the due date for payment of such Indebtedness following
the Company’s default with respect to the terms of such Indebtedness;
or

     

    (B) is not
repaid at, and remains unpaid after, maturity as extended by any applicable
period of grace or any guarantee given by the Company in respect of Indebtedness
of any other Person in the aggregate outstanding principal amount of $100
million or more is not honored when, and remains dishonored after, becoming
due;

     

    (5) the
Company pursuant to or within the meaning of any Bankruptcy Law (i) commences a
voluntary case, (ii) consents to the entry of an order for relief against it in
an involuntary case, (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

     

    (6) a court
of competent jurisdiction enters an order under any Bankruptcy Law that (i) is
for relief against the Company in an involuntary case, (ii) appoints a Custodian
of the Company for all or substantially all of the Company’s properties, or
(iii) orders the liquidation of the Company, and, in either of the above cases,
the order or decree remains unstayed and in effect for 90 days.

     

    Section
6.02 Acceleration.

     

    In the
case of an Event of Default specified in clause (5) or (6) of Section 6.01
hereof, all outstanding Notes will become due and payable immediately without
further action or notice.  If any other Event of Default occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal
amount of the then outstanding Notes of a particular series may declare all the
Notes of such series to be due and payable immediately by notice in writing to
the Company (and to the Trustee if notice is given by such
Holders).

     

    
      
         

      

      
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    Upon any
such declaration, the Notes shall become due and payable
immediately.

     

    The
Holders of a majority in aggregate principal amount of the then outstanding
Notes of a particular series by written notice to the Trustee may, on behalf of
all of the Holders of such series, rescind an acceleration and its consequences
with respect to such series of Notes, if the rescission would not conflict with
any judgment or decree and if all existing Events of Default with respect to
such series of Notes (except nonpayment of principal, interest or premium or
Additional Interest, if any, that has become due solely because of the
acceleration) have been cured or waived.

     

    Section
6.03 Other
Remedies.

     

    If an
Event of Default occurs and is continuing, the Trustee may pursue any available
remedy to collect the payment of principal, premium and Additional Interest, if
any, and interest on the Notes or to enforce the performance of any provision of
the Notes or this Indenture.

     

    The
Trustee may maintain a proceeding even if it does not possess any of the Notes
or does not produce any of them in the proceeding.  A delay or
omission by the Trustee or any Holder of a Note in exercising any right or
remedy accruing upon an Event of Default shall not impair the right or remedy or
constitute a waiver of or acquiescence in the Event of Default.  All
remedies are cumulative to the extent permitted by law.

     

    Section
6.04 Waiver
of Past Defaults.

     

    Holders
of not less than a majority in aggregate principal amount of the then
outstanding Notes of a particular series by notice to the Trustee may on behalf
of the Holders of all of the Notes of such series waive an existing Default or
Event of Default and its consequences hereunder, except a continuing Default or
Event of Default in the payment of the principal of, premium and Additional
Interest, if any, or interest on, the Notes of such series (including in
connection with an offer to purchase); provided, however, that the Holders
of a majority in aggregate principal amount of the then outstanding Notes of a
particular series may rescind an acceleration and its consequences, including
any related payment default that resulted from such acceleration with respect to
the Notes of such series.  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
6.05 Control
by Majority.

     

    Holders
of a majority in aggregate principal amount of the then outstanding Notes of a
particular series may direct the time, method and place of conducting any
proceeding for exercising any remedy available to the Trustee or exercising any
trust or power conferred on it with respect to the Notes of such
series.  However, the Trustee may refuse to follow any direction that
conflicts with law or this Indenture that the Trustee determines may be unduly
prejudicial to the rights of other Holders of Notes of such series or that may
involve the Trustee in personal liability.

     

    Section
6.06 Limitation
on Suits.

     

    A Holder
may pursue a remedy with respect to this Indenture or the Notes of a particular
series only if:

     

    (1) such
Holder gives to the Trustee written notice that an Event of Default is
continuing;

     

    
      
         

      

      
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    (2) Holders
of at least 25% in aggregate principal amount of the then outstanding Notes of
such series make a written request to the Trustee to pursue the
remedy;

     

    (3) such
Holder or Holders offer and, if requested, provide to the Trustee security or
indemnity reasonably satisfactory to the Trustee against any loss, liability or
expense;

     

    (4) the
Trustee does not comply with the request within 60 days after receipt of the
request and the offer of security or indemnity; and

     

    (5) during
such 60-day period, Holders of a majority in aggregate principal amount of the
then outstanding Notes of a particular series do not give the Trustee a
direction inconsistent with such request.

     

    A Holder
of a Note may not use this Indenture to prejudice the rights of another Holder
of a Note or to obtain a preference or priority over another Holder of a
Note.

     

    Section
6.07 Rights
of Holders of Notes to Receive Payment.

     

    Notwithstanding
any other provision of this Indenture, the right of any Holder of a Note to
receive payment of principal, premium and Additional Interest, if any, and
interest on the Note, on or after the respective due dates expressed in the Note
(including in connection with an offer to purchase), or to bring suit for the
enforcement of any such payment on or after such respective dates, shall not be
impaired or affected without the consent of such Holder.

     

    Section
6.08 Collection
Suit by Trustee.

     

    If an
Event of Default specified in Section 6.01(1) or (2) hereof occurs and is
continuing, the Trustee is authorized to recover judgment in its own name and as
trustee of an express trust against the Company for the whole amount of
principal of, premium Additional Interest, if any, and interest remaining unpaid
on, the Notes and interest on overdue principal and, to the extent lawful,
interest 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
6.09 Trustee
May File Proofs of Claim.

     

    The
Trustee is authorized to file such proofs of claim and other papers or documents
as may be necessary or advisable in order to have the claims of the Trustee
(including any claim for the reasonable compensation, expenses, disbursements
and advances of the Trustee, its agents and counsel) and the Holders of the
Notes allowed in any judicial proceedings relative to the Company (or any other
obligor upon the Notes), its creditors or its property and shall be entitled and
empowered to collect, receive and distribute any money or other property payable
or deliverable on any such claims and any custodian 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 to 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 hereof.  To the extent that the payment of any such
compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel, and any other amounts due the Trustee under Section 7.07 hereof out
of the estate in any such proceeding, shall be denied for any reason, payment of
the same shall be secured by a Lien on, and shall be paid out of, any and all
distributions, dividends, money, securities and other properties that the
Holders may be entitled to receive in such proceeding whether in liquidation or
under any plan of reorganization or arrangement or otherwise.  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 Notes or
the rights of any Holder, or to authorize the Trustee to vote in respect of the
claim of any Holder in any such proceeding.

     

    
      
         

      

      
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    Section
6.10 Priorities.

     

    If the
Trustee collects any money pursuant to this Article 6, it shall pay out the
money in the following order:

     

    First:                      to
the Trustee, its agents and attorneys for amounts due under Section 7.07 hereof,
including payment of all compensation, expenses and liabilities incurred, and
all advances made, by the Trustee and the costs and expenses of
collection;

     

    Second:                      to
Holders of Notes of a particular series for amounts due and unpaid on the Notes
of such series for principal, premium and Additional Interest, if any, and
interest, ratably, without preference or priority of any kind, according to the
amounts due and payable on the Notes of such series for principal, premium and
Additional Interest, if any and interest, respectively; and

     

    Third:                      to
the Company or to such party as a court of competent jurisdiction shall
direct.

     

    The
Trustee may fix a record date and payment date for any payment to Holders of
Notes pursuant to this Section 6.10.

     

    Section
6.11 Undertaking
for Costs.

     

    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 or omitted by it as a Trustee, a
court in its discretion may require the filing by any party litigant in the suit
of an undertaking to pay the costs of the suit, and the court in its discretion
may assess reasonable costs, including reasonable attorneys’ fees and expenses,
against any party litigant in the suit, having due regard to the merits and good
faith of the claims or defenses made by the party litigant.  This
Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder of a
Note pursuant to Section 6.07 hereof, or a suit by Holders of more than 10% in
aggregate principal amount of the then outstanding Notes of a particular
series.

     

                                  
ARTICLE
7                                

     

    TRUSTEE

     

    Section
7.01 Duties
of Trustee.

     

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

     

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

     

    (1) the
duties of the Trustee will be determined solely by the express provisions of
this Indenture and the Trustee need perform only those duties that are
specifically set forth in this Indenture and no others, and no implied covenants
or obligations shall be read into this Indenture against the Trustee;
and

     

    
      
         

      

      
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    (2) in the
absence of bad faith on its part, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein,
upon certificates or opinions furnished to the Trustee and conforming to the
requirements of this Indenture.  However, in the case of certificates
or opinions specifically required by any provision hereof, the Trustee will
examine the certificates and opinions to determine whether or not they conform
to the requirements of this Indenture (but need not confirm or investigate the
accuracy of mathematical calculations stated therein).

     

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

     

    (1) this
paragraph does not limit the effect of paragraph (b) of this Section
7.01;

     

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

     

    (3) the
Trustee will not be liable with respect to any action it takes or omits to take
in good faith in accordance with a direction received by it pursuant to Section
6.05 hereof.

     

    (d) Whether
or not therein expressly so provided, every provision of this Indenture that in
any way relates to the Trustee is subject to paragraphs (a), (b), and (c) of
this Section 7.01.

     

    (e) No
provision of this Indenture will require the Trustee to expend or risk its own
funds or incur any liability.  The Trustee will be under no obligation
to exercise any of its rights and powers under this Indenture at the request of
any Holders, unless such Holder has offered to the Trustee security and
indemnity satisfactory to it against any loss, liability or
expense.

     

    (f) The
Trustee will 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.

     

    Section
7.02 Rights
of Trustee.

     

    (a) The
Trustee may conclusively rely upon any document believed by it to be genuine and
to have been signed or presented by the proper Person.  The Trustee
need not investigate any fact or matter stated in the document.

     

    (b) Before
the Trustee acts or refrains from acting, it may require an Officers’
Certificate or an Opinion of Counsel or both.  The Trustee will 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.  The Trustee may
consult with counsel and the written advice of such counsel or any Opinion of
Counsel will be full and complete authorization and protection from liability in
respect of any action taken, suffered or omitted by it hereunder in good faith
and in reliance thereon.

     

    (c) The
Trustee may act through its attorneys and agents and will not be responsible for
the misconduct or negligence of any agent appointed with due care.

     

    
      
         

      

      
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    (d) The
Trustee will not be liable for any action it takes or omits to take in good
faith that it believes to be authorized or within the rights or powers conferred
upon it by this Indenture.

     

    (e) Unless
otherwise specifically provided in this Indenture, any demand, request,
direction or notice from the Company will be sufficient if signed by an Officer
of the Company.

     

    (f) The
Trustee will be under no obligation to exercise any of the rights or powers
vested in it by this Indenture at the request or direction of any of the Holders
unless such Holders have offered to the Trustee indemnity or security reasonably
satisfactory to it against the losses, liabilities and expenses that might be
incurred by it in compliance with such request or direction.

     

    (g) In no
event shall the Trustee be responsible or liable for special, indirect, or
consequential loss or damage of any kind whatsoever (including, but not limited
to, loss of profit) irrespective of whether the Trustee has been advised of the
likelihood of such loss or damage and regardless of the form of
action.

     

    (h) The
Trustee shall not be deemed to have notice of any Default or Event of Default
unless a Responsible Officer of the Trustee has actual knowledge thereof or
unless written notice of any event which is in fact such a default is received
by the Trustee at the Corporate Trust Office of the Trustee, and such notice
references the Securities and this Indenture.

     

    (i) The
rights, privileges, protections, immunities and benefits given to the Trustee,
including, without limitation, its right to be indemnified, are extended to, and
shall be enforceable by, the Trustee in each of its capacities hereunder, and
each agent, custodian and other Person employed to act hereunder.

     

    Section
7.03 Individual
Rights of Trustee.

     

    The
Trustee in its individual or any other capacity may become the owner or pledgee
of Notes and may otherwise deal with the Company or any Affiliate of the Company
with the same rights it would have if it were not Trustee.  However,
in the event that the Trustee acquires any conflicting interest it must
eliminate such conflict within 90 days, apply to the SEC for permission to
continue as trustee (if this Indenture has been qualified under the TIA) or
resign.  Any Agent may do the same with like rights and
duties.  The Trustee is also subject to Sections 7.10 and 7.11
hereof.

     

    Section
7.04 Trustee’s
Disclaimer.

     

    The
Trustee will not be responsible for and makes no representation as to the
validity or adequacy of this Indenture or the Notes, it shall not be accountable
for the Company’s use of the proceeds from the Notes or any money paid to the
Company or upon the Company’s direction under any provision of this Indenture,
it will not be responsible for the use or application of any money received by
any Paying Agent other than the Trustee, and it will not be responsible for any
statement or recital herein or any statement in the Notes or any other document
in connection with the sale of the Notes or pursuant to this Indenture other
than its certificate of authentication.

     

    Section
7.05 Notice
of Defaults.

     

    If a
Default or Event of Default occurs and is continuing and if it is known to the
Trustee, the Trustee will mail to Holders of Notes a notice of the Default or
Event of Default within 90 days after it occurs.  Except in the case
of a Default or Event of Default in payment of principal of, premium or
Additional Interest, if any, or interest on, any Note, the Trustee may withhold
the notice if and so long as a committee of its Responsible Officers in good
faith determines that withholding the notice is in the interests of the Holders
of the Notes.

     

    
      
         

      

      
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    Section
7.06 Reports
by Trustee to Holders of the Notes.

     

    (a) Within 60
days after each May 15 beginning with the May 15 following the date of this
Indenture, and for so long as Notes of a particular series remain outstanding,
the Trustee will mail to the Holders of the Notes of such series a brief report
dated as of such reporting date that complies with TIA § 313(a) (but if no
event described in TIA § 313(a) has occurred within the twelve months
preceding the reporting date, no report need be transmitted).  The
Trustee also will comply with TIA § 313(b)(2).  The Trustee will
also transmit by mail all reports as required by TIA § 313(c).

     

    (b) A copy of
each report at the time of its mailing to the Holders of Notes will be mailed by
the Trustee to the Company and filed by the Trustee with the SEC and any stock
exchange on which the Notes of a particular series are listed in accordance with
TIA § 313(d).  The Company will promptly notify the Trustee when
the Notes of a particular series are listed on any stock exchange.

     

    Section
7.07 Compensation
and Indemnity.

     

    (a) The
Company will pay to the Trustee from time to time reasonable compensation for
its acceptance of this Indenture and services hereunder.  The
Trustee’s compensation will not be limited by any law on compensation of a
trustee of an express trust.  The Company will reimburse the Trustee
promptly upon request for all reasonable disbursements, advances and expenses
incurred or made by it in addition to the compensation for its
services.  Such expenses will include the reasonable compensation,
disbursements and expenses of the Trustee’s agents and counsel.

     

    (b) The
Company will indemnify the Trustee against any and all losses, claims, damages,
liabilities or expenses incurred by it arising out of or in connection with the
acceptance or administration of its duties under this Indenture, including the
costs and expenses of enforcing this Indenture against the Company (including
this Section 7.07) and defending itself against any claim (whether asserted by
the Company, any Holder or any other Person) or liability in connection with the
exercise or performance of any of its powers or duties hereunder, except to the
extent any such loss, liability or expense shall be determined to have been
caused by its own negligence, willful misconduct or bad faith.  The
Trustee will notify the Company promptly of any claim of which a Responsible
Officer has received written notice for which it may seek
indemnity.  Failure by the Trustee to so notify the Company will not
relieve the Company of its obligations hereunder.  The Company will
defend the claim and the Trustee will cooperate in the defense.  The
Trustee may have separate counsel and the Company will pay the reasonable fees
and expenses of such counsel.  The Company need not pay for any
settlement made without its consent, which consent will not be unreasonably
withheld.

     

    (c) The
obligations of the Company under this Section 7.07 will survive the satisfaction
and discharge of this Indenture.

     

    (d) To secure
the Company’s payment obligations in this Section 7.07, the Trustee will have a
Lien prior to the Notes on all money or property held or collected by the
Trustee, except that held in trust to pay principal and interest on particular
Notes.  Such Lien will survive the satisfaction and discharge of this
Indenture.

     

    (e) When the
Trustee incurs expenses or renders services after an Event of Default specified
in Section 6.01(5) or (6) hereof occurs, the expenses and the compensation for
the services (including the fees and expenses of its agents and counsel) are
intended to constitute expenses of administration under any Bankruptcy
Law.

     

    
      
         

      

      
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    (f) The
Trustee will comply with the provisions of TIA § 313(b)(2) to the extent
applicable.

     

    Section
7.08 Replacement
of Trustee.

     

    (a) A
resignation or removal of the Trustee and appointment of a successor Trustee
will become effective only upon the successor Trustee’s acceptance of
appointment as provided in this Section 7.08.

     

    (b) The
Trustee may resign in writing at any time and be discharged from the trust
hereby created by so notifying the Company.  The Holders of a majority
in aggregate principal amount of the then outstanding Notes of a particular
series may remove the Trustee with respect to such series of Notes by so
notifying the Trustee and the Company in writing.  The Company may
remove the Trustee if:

     

    (1) the
Trustee fails to comply with Section 7.10 hereof;

     

    (2) 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;

     

    (3) a
custodian or public officer takes charge of the Trustee or its property;
or

     

    (4) the
Trustee becomes incapable of acting.

     

    (c) If the
Trustee resigns or is removed or if a vacancy exists in the office of Trustee
for any reason, the Company will promptly appoint a successor
Trustee.  Within one year after the successor Trustee takes office,
the Holders of a majority in aggregate principal amount of the then outstanding
Notes of a particular series may appoint a successor Trustee with respect to
such series of Notes to replace the successor Trustee appointed by the
Company.

     

    (d) If a
successor Trustee does not take office within 60 days after the retiring Trustee
resigns or is removed, the retiring Trustee, the Company, or the Holders of at
least 10% in aggregate principal amount of the then outstanding Notes may
petition at the expense of the Company any court of competent jurisdiction for
the appointment of a successor Trustee.

     

    (e) If the
Trustee, after written request by any Holder who has been a Holder for at least
six months, fails to comply with Section 7.10 hereof, such Holder may petition
any court of competent jurisdiction for the removal of the Trustee and the
appointment of a successor Trustee.

     

    (f) A
successor Trustee will deliver a written acceptance of its appointment to the
retiring Trustee and to the Company.  Thereupon, the resignation or
removal of the retiring Trustee will become effective, and the successor Trustee
will have all the rights, powers and duties of the Trustee under this
Indenture.  The successor Trustee will mail a notice of its succession
to Holders.  The retiring Trustee will promptly transfer all property
held by it as Trustee to the successor Trustee; provided all sums owing to the
Trustee hereunder have been paid and subject to the Lien provided for in Section
7.07 hereof.  Notwithstanding replacement of the Trustee pursuant to
this Section 7.08, the Company’s obligations under Section 7.07 hereof will
continue for the benefit of the retiring Trustee.

     

    
      
         

      

      
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    Section
7.09 Successor
Trustee by Merger, etc.

     

    If the
Trustee consolidates, 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 will be the successor Trustee.

     

    Section
7.10 Eligibility;
Disqualification.

     

    There
will at all times be a Trustee hereunder that is a corporation organized and
doing business under the laws of the United States of America or of any state
thereof that is authorized under such laws to exercise corporate trustee power,
that is subject to supervision or examination by federal or state authorities
and that has a combined capital and surplus of at least $100.0 million as set
forth in its most recent published annual report of condition.

     

    This
Indenture will always have a Trustee who satisfies the requirements of TIA
§ 310(a)(1), (2) and (5).  The Trustee is subject to TIA
§ 310(b).

     

    Section
7.11 Preferential
Collection of Claims Against Company.

     

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

     

                                          
ARTICLE
8                                

     

    LEGAL
DEFEASANCE AND COVENANT DEFEASANCE

     

    Section
8.01 Option
to Effect Legal Defeasance or Covenant Defeasance.

     

    The
Company may at any time, at the option of its Board of Directors evidenced by a
resolution set forth in an Officers’ Certificate, elect to have either Section
8.02 or 8.03 hereof be applied to all outstanding Notes of a particular series
upon compliance with the conditions set forth below in this Article
8.

     

    Section
8.02 Legal
Defeasance and Discharge.

     

    Upon the
Company’s exercise under Section 8.01 hereof of the option applicable to this
Section 8.02, the Company will, subject to the satisfaction of the conditions
set forth in Section 8.04 hereof, be deemed to have been discharged from its
obligations with respect to all outstanding Notes of a particular series on the
date the conditions set forth below are satisfied (hereinafter, “Legal
Defeasance”).  For this purpose, Legal Defeasance means that
the Company will be deemed to have paid and discharged the entire Indebtedness
represented by the outstanding Notes of such series, which will thereafter be
deemed to be “outstanding” only for the purposes of Section 8.05 hereof and the
other Sections of this Indenture referred to in clauses (1) and (2) below, and
to have satisfied all its other obligations under such Notes and this Indenture
(and the Trustee, on demand of and at the expense of the Company, shall execute
proper instruments acknowledging the same) with respect to such Notes, except
for the following provisions which will survive until otherwise terminated or
discharged hereunder:

     

    (1) the
rights of Holders of outstanding Notes of such series to receive payments in
respect of the principal of, or interest or premium and Additional Interest, if
any, on, such Notes when such payments are due from the trust referred to in
Section 8.04 hereof;

     

    
      
         

      

      
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    (2) Section
2.03, Section 2.06, Section 2.07, Section 4.02 and Section 7.08
hereof;

     

    (3) the
rights, powers, trusts, duties and immunities of the Trustee hereunder and the
Company’s obligations in connection therewith; and

     

    (4) this
Article 8.

     

    Subject
to compliance with this Article 8, the Company may exercise its option under
this Section 8.02 notwithstanding the prior exercise of its option under Section
8.03 hereof.

     

    Section
8.03 Covenant
Defeasance.

     

    Upon the
Company’s exercise under Section 8.01 hereof of the option applicable to this
Section 8.03, the Company will, subject to the satisfaction of the conditions
set forth in Section 8.04 hereof, be released from its obligations under the
covenants contained in Sections 4.03, 4.05, 4.07, 4.08, 4.09 and 4.10, hereof
with respect to the outstanding Notes of a particular series on and after the
date the conditions set forth in Section 8.04 hereof are satisfied (hereinafter,
“Covenant Defeasance”),
and the Notes of such series will thereafter be deemed not “outstanding” for the
purposes of any direction, waiver, consent or declaration or act of Holders of
Notes of such series (and the consequences of any thereof) in connection with
such covenants, but will continue to be deemed “outstanding” for all other
purposes hereunder (it being understood that such Notes will not be deemed
outstanding for accounting purposes).  For this purpose, Covenant
Defeasance means that, with respect to the outstanding Notes of a particular
series, the Company may omit to comply with and will have no liability in
respect of any term, condition or limitation set forth in any such covenant,
whether directly or indirectly, by reason of any reference elsewhere herein to
any such covenant or by reason of any reference in any such covenant to any
other provision herein or in any other document and such omission to comply will
not constitute a Default or an Event of Default under Section 6.01 hereof, but,
except as specified above, the remainder of this Indenture and such Notes will
be unaffected thereby.  In addition, upon the Company’s exercise under
Section 8.01 hereof of the option applicable to this Section 8.03, subject to
the satisfaction of the conditions set forth in Section 8.04 hereof, Section
6.01(3) hereof will not constitute Events of Default.

     

    Section
8.04 Conditions
to Legal or Covenant Defeasance.

     

    In order
to exercise either Legal Defeasance or Covenant Defeasance under either Section
8.02 or 8.03 hereof in respect of a particular series of Notes:

     

    (1) the
Company must irrevocably deposit with the Trustee, in trust, for the benefit of
the Holders of such series of Notes, cash in U.S. dollars, Government
Securities, or a combination thereof, in such amounts as will be sufficient, in
the opinion of a nationally recognized investment bank, appraisal firm, or firm
of independent public accountants, to pay the principal of, and interest on such
outstanding Notes on the stated date for payment thereof or on the applicable
redemption date, as the case may be, and all other sums payable under this
Indenture in respect of such series of Notes;

     

    (2) in the
case of an election under Section 8.03 hereof, the Company must deliver to the
Trustee an Opinion of Counsel or a ruling received by the Internal Revenue
Service to the effect that the Holders of the outstanding Notes of such series
will not recognize income, gain or loss for federal income tax purposes as a
result of such Covenant Defeasance and will be subject to federal income tax on
the same amounts, in the same manner and at the same times as would have been
the case if such Covenant Defeasance had not occurred;

     

    
      
         

      

      
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    (3) in the
case of an election under Section 8.03 hereof, no Default or Event of Default
shall have occurred and be continuing on the date of such deposit in respect of
Section 6.01(1), (2) and (4);

     

    (4) in the
case of an election under Section 8.03 hereof, the Company must deliver to the
Trustee an Officers’ Certificate stating that the deposit was not made by the
Company with the intent of preferring the Holders of Notes of a particular
series over the other creditors of the Company with the intent of defeating,
hindering, delaying or defrauding any creditors of the Company or others;
and

     

    (5) in the
case of an election under Section 8.03 hereof, the Company must deliver to the
Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that
all conditions precedent relating to the Covenant Defeasance have been complied
with.

     

    Section
8.05 Deposited
Money and Government Securities to be Held in Trust; Other Miscellaneous
Provisions.

     

    Subject
to Section 8.06 hereof, all money and Government Securities (including the
proceeds thereof) deposited with the Trustee (or other qualifying trustee,
collectively for purposes of this Section 8.05, the “Trustee”) pursuant to Section
8.04 hereof in respect of the outstanding Notes of a particular series will be
held in trust and applied by the Trustee, in accordance with the provisions of
such Notes and this Indenture, to the payment, either directly or through any
Paying Agent (including the Company acting as Paying Agent) as the Trustee may
determine, to the Holders of such Notes of all sums due and to become due
thereon in respect of principal, premium and Additional Interest, if any, and
interest, but such money need not be segregated from other funds except to the
extent required by law.

     

    The
Company will pay and indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against the cash or Government Securities deposited
pursuant to Section 8.04 hereof or the principal and interest received in
respect thereof other than any such tax, fee or other charge which by law is for
the account of the Holders of the outstanding Notes of a particular
series.

     

    Notwithstanding
anything in this Article 8 to the contrary, the Trustee will deliver or pay to
the Company from time to time upon the request of the Company any money or
Government Securities held by it as provided in Section 8.04 hereof which, in
the opinion of a nationally recognized firm of independent public accountants
expressed in a written certification thereof delivered to the Trustee (which may
be the opinion delivered under Section 8.04(1) hereof), are in excess of the
amount thereof that would then be required to be deposited to effect an
equivalent Legal Defeasance or Covenant Defeasance.

     

    Section
8.06 Repayment
to Company.

     

    Any money
deposited with the Trustee or any Paying Agent, or then held by the Company, in
trust for the payment of the principal of, premium or Additional Interest, if
any, or interest on, any Note and remaining unclaimed for two years after such
principal, premium Additional Interest, if any, or interest has become due and
payable shall be paid to the Company on its request or (if then held by the
Company) will be discharged from such trust; and the Holder of such Note will
thereafter be permitted to look only to the Company for payment thereof, and all
liability of the Trustee or such Paying Agent with respect to such trust money,
and all liability of the Company as trustee thereof, will thereupon cease;
provided, however, that
the Trustee or such Paying Agent, before being required to make any such
repayment, may at the expense of the Company cause to be published once, in the
New York Times and The Wall Street Journal (national edition), notice that such
money remains unclaimed and that, after a date specified therein, which will not
be less than 30 days from the date of such notification or publication, any
unclaimed balance of such money then remaining will be repaid to the
Company.

     

    
      
         

      

      
        45

        
          

        

      

      
         

      

    

     

    Section
8.07 Reinstatement.

     

    If the
Trustee or Paying Agent is unable to apply any U.S. dollars or Government
Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be,
by reason of any order or judgment of any court or governmental authority
enjoining, restraining or otherwise prohibiting such application, then the
Company’s obligations under this Indenture and the Notes of a particular series
will be revived and reinstated as though no deposit had occurred pursuant to
Section 8.02 or 8.03 hereof until such time as the Trustee or Paying Agent is
permitted to apply all such money in accordance with Section 8.02 or 8.03
hereof, as the case may be; provided, however, that, if the
Company makes any payment of principal of, premium Additional Interest, if any,
or interest on, any Note following the reinstatement of its obligations, the
Company will be subrogated to the rights of the Holders of such Notes to receive
such payment from the money held by the Trustee or Paying Agent.

     

                                 
ARTICLE
9                                

     

    AMENDMENT,
SUPPLEMENT AND WAIVER

     

    Section
9.01 Without
Consent of Holders of Notes.

     

    Notwithstanding
Section 9.02 of this Indenture, the Company and the Trustee may amend or
supplement this Indenture or the Notes without the consent of any Holder of a
series of Notes:

     

    (1) to fix
any ambiguity, defect or inconsistency in this Indenture or such series of
Notes;

     

    (2) to make
any such changes as are required for this Indenture to comply with the
TIA;

     

    (3) to add
covenants for the benefit of Holders of such series of Notes or to surrender any
of the Company’s rights or powers;

     

    (4) to comply
with Article 5 hereof;

     

    (5) to
provide for uncertificated Notes of such series in addition to or in place of
certificated Notes of such series;

     

    (6) to add
any additional Events of Default with respect to such series;

     

    (7) to change
or eliminate provisions of this Indenture if the provision that is changed or
eliminated does not apply to any outstanding Notes;

     

    (8) to
provide for the issuance of and terms and conditions of such series of Notes or
to add to the rights of the Holders of such series of Notes; and

     

    (9) to
provide for a successor Trustee and to facilitate the administration of the
trust by more than one Trustee;

     

    (10) to
conform the text of this Indenture or the Notes to any provision of the
“Description of the Notes” section of the Company’s Offering Memorandum dated
February 27, 2008, relating to the initial offering of the Notes, to the
extent that such provision in that “Description of the Notes” was intended to be
a verbatim recitation of a provision of this Indenture or the
Notes;

     

    
      
         

      

      
        46

        
          

        

      

      
         

      

    

     

    (11) to secure
such series of Notes or to provide that any of the Company’s obligations under
such series of Notes will be guaranteed and the terms of such guarantees;
and

     

    (12) to make
any other change that does not adversely affect the rights of any Holder of such
series of Notes in any material respect.

     

    Upon the
request of the Company accompanied by a resolution of its Board of Directors
authorizing the execution of any such amended or supplemental indenture, and
upon receipt by the Trustee of the documents described in Section 7.02 hereof,
the Trustee will join with the Company in the execution of any amended or
supplemental indenture authorized or permitted by the terms of this Indenture
and to make any further appropriate agreements and stipulations that may be
therein contained, but the Trustee will not be obligated to enter into such
amended or supplemental indenture that affects its own rights, duties or
immunities under this Indenture or otherwise.

     

    Section
9.02 With
Consent of Holders of Notes.

     

    Except as
provided below in this Section 9.02, the Company and the Trustee may amend or
supplement this Indenture (including, without limitation, Section 4.09 hereof)
and the Notes of a particular series with the consent of the Holders of at least
a majority in aggregate principal amount of the then outstanding Notes of such
series (including, without limitation, Additional Notes of such series, if any)
voting as a single class (including, without limitation, consents obtained in
connection with a tender offer or exchange offer for, or purchase of, the Notes
of a particular series), and, subject to Sections 6.04 and 6.07 hereof, any
existing Default or Event of Default (other than a Default or Event of Default
in the payment of the principal of, premium or Additional Interest, if any, or
interest on, the Notes of a particular series, except a payment default
resulting from an acceleration that has been rescinded) or compliance with any
provision of this Indenture or the Notes of such series may be waived with the
consent of the Holders of a majority in aggregate principal amount of the then
outstanding Notes of a particular series (including, without limitation,
Additional Notes of such series, if any) voting as a single class (including,
without limitation, consents obtained in connection with a tender offer or
exchange offer for, or purchase of, the Notes of such series). Section
2.08 hereof shall determine which Notes are considered to be “outstanding” for
purposes of this Section 9.02.

     

    Upon the
request of the Company accompanied by a resolution of its Board of Directors
authorizing the execution of any such amended or supplemental indenture, and
upon the filing with the Trustee of evidence satisfactory to the Trustee of the
consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of
the documents described in Section 7.02 hereof, the Trustee will join with the
Company in the execution of such amended or supplemental indenture unless such
amended or supplemental indenture directly affects the Trustee’s own rights,
duties or immunities under this Indenture or otherwise, in which case the
Trustee may in its discretion, but will not be obligated to, enter into such
amended or supplemental Indenture.

     

    It is not
be necessary for the consent of the Holders of Notes under this Section 9.02 to
approve the particular form of any proposed amendment, supplement or waiver, but
it is sufficient if such consent approves the substance thereof.

     

    After an
amendment, supplement or waiver under this Section 9.02 becomes effective, the
Company will mail to the Holders of Notes affected thereby a notice briefly
describing the amendment, supplement or waiver.  Any failure of the
Company to mail such notice, or any defect therein, will not, however, in any
way impair or affect the validity of any such amended or supplemental indenture
or waiver.  Subject to Sections 6.04 and 6.07 hereof, the Holders of a
majority in aggregate principal amount of the Notes of a particular series then
outstanding voting as a single class may waive compliance in a particular
instance by the Company with any provision of this Indenture or the Notes of
such series.  However, without the consent of each Holder of Notes of
a particular series affected, an amendment, supplement or waiver under this
Section 9.02 may not (with respect to any Notes of such series held by a
non-consenting Holder):

     

    
      
         

      

      
        47

        
          

        

      

      
         

      

    

     

    (1) reduce
the percentage of principal amount of a particular series of Notes whose Holders
must consent to an amendment;

     

    (2) reduce
the rate of or extension of the time for payment of interest on any Note of a
particular series;

     

    (3) reduce
the principal of, or any installment of principal of or interest or Additional
Interest, if any, on, any Note of a particular series or any reduction in the
amount of principal that would be due and payable upon declaration of
acceleration of maturity;

     

    (4) reduce
the premium payable upon the redemption of any Note of a particular
series;

     

    (5) make any
Note payable in a currency other than that stated in that Note; and

     

    (6) impair
the right of a Holder to bring a lawsuit for the enforcement of any payment on
or after the Stated Maturity of any Note of a particular series (or in the case
of redemption, on or after the date fixed for redemption).

     

    Section
9.03 Compliance
with Trust Indenture Act.

     

    Every
amendment or supplement to this Indenture or the Notes will be set forth in a
supplemental indenture that complies with the TIA as then in
effect.

     

    Section
9.04 Revocation
and Effect of Consents.

     

    Until an
amendment, supplement or waiver becomes effective, a consent to it by a Holder
of a Note is a continuing consent by the Holder of a Note and every subsequent
Holder of a Note or portion of a Note that evidences the same debt as the
consenting Holder’s Note, even if notation of the consent is not made on any
Note.  However, any such Holder of a Note or subsequent Holder of a
Note may revoke the consent as to its Note if the Trustee receives written
notice of revocation before the date the amendment, supplement or waiver becomes
effective.  An amendment, supplement or waiver becomes effective in
accordance with its terms and thereafter binds every Holder.

     

    Section
9.05 Notation
on or Exchange of Notes.

     

    The
Trustee may place an appropriate notation about an amendment, supplement or
waiver on any Note thereafter authenticated.  The Company in exchange
for all Notes may issue and the Trustee shall, upon receipt of an Authentication
Order, authenticate new Notes that reflect the amendment, supplement or
waiver.

     

    
      
         

      

      
        48

        
          

        

      

      
         

      

    

     

    Failure
to make the appropriate notation or issue a new Note will not affect the
validity and effect of such amendment, supplement or waiver.

     

    Section
9.06 Trustee
to Sign Amendments, etc.

     

    The
Trustee will sign any amended or supplemental indenture authorized pursuant to
this Article 9 if the amendment or supplement does not adversely affect the
rights, duties, liabilities or immunities of the Trustee.  The Company
may not sign an amended or supplemental indenture until the Board of Directors
of the Company approves it.  In executing any amended or supplemental
indenture, the Trustee will be provided with and (subject to Section 7.01
hereof) will be fully protected in relying upon, in addition to the documents
required by Section 11.04 hereof, an Officers’ Certificate and an Opinion of
Counsel stating that the execution of such amended or supplemental indenture is
authorized or permitted by this Indenture.

     

                                               
ARTICLE
10                                           

     

    SATISFACTION
AND DISCHARGE

     

    Section
10.01  Satisfaction
and Discharge.

     

    This
Indenture will be discharged and will cease to be of further effect as to all
Notes of a particular series issued hereunder, when:

     

    (1) either:

     

    (a) all Notes
of such series that have been authenticated, except lost, stolen or destroyed
Notes that have been replaced or paid and Notes of such series for whose payment
money has theretofore been deposited in trust and thereafter repaid to the
Company, have been delivered to the Trustee for cancellation; or

     

    (b) all Notes
of such series that have not been delivered to the Trustee for cancellation have
become due and payable by reason of the mailing of a notice of redemption or
otherwise or will become due and payable within one year and the Company has
irrevocably deposited or caused to be deposited with the Trustee as trust funds
in trust solely for the benefit of the Holders of such Notes, cash in U.S.
dollars, Government Securities, or a combination thereof, in such amounts as
will be sufficient, without consideration of any reinvestment of interest, to
pay and discharge the entire Indebtedness on such Notes not delivered to the
Trustee for cancellation for principal, premium and Additional Interest, if any,
and accrued interest to the date of maturity or redemption;

     

    (2) no
Default or Event of Default with respect to such series of Notes has occurred
and is continuing on the date of such deposit in respect of Section 6.01(1), (2)
and (4);

     

    (3) the
Company has paid or caused to be paid all sums payable by it with respect to
such series of Notes under this Indenture; and

     

    (4) the
Company has delivered irrevocable instructions to the Trustee under this
Indenture to apply the deposited money toward the payment of such series of
Notes at maturity or on the redemption date, as the case may be.

     

    In
addition, the Company must deliver an Officers’ Certificate and an Opinion of
Counsel to the Trustee stating that all conditions precedent to satisfaction and
discharge have been satisfied.

     

    
      
         

      

      
        49

        
          

        

      

      
         

      

    

     

    Notwithstanding
the satisfaction and discharge of this Indenture, if money has been deposited
with the Trustee pursuant to subclause (b) of clause (1) of this Section 10.01,
the provisions of Sections 10.02 and 8.06 hereof will survive.  In
addition, nothing in this Section 10.01 will be deemed to discharge those
provisions of Section 7.07 hereof, that, by their terms, survive the
satisfaction and discharge of this Indenture.

     

    Section
10.02  Application
of Trust Money.

     

    Subject
to the provisions of Section 8.06 hereof, all money deposited with the Trustee
pursuant to Section 10.01 hereof shall be held in trust and applied by it, in
accordance with the provisions of the Notes and this Indenture, to the payment,
either directly or through any Paying Agent (including the Company acting as its
own Paying Agent) as the Trustee may determine, to the Persons entitled thereto,
of the principal (and premium and Additional Interest, if any) and interest for
whose payment such money has been deposited with the Trustee; but such money
need not be segregated from other funds except to the extent required by
law.

     

    If the
Trustee or Paying Agent is unable to apply any money or Government Securities in
accordance with Section 10.01 hereof by reason of any legal proceeding or by
reason of any order or judgment of any court or governmental authority
enjoining, restraining or otherwise prohibiting such application, the Company’s
obligations under this Indenture and the Notes of a particular series shall be
revived and reinstated as though no deposit had occurred pursuant to Section
10.01 hereof; provided that if the Company has made any payment of principal of,
premium or Additional Interest, if any, or interest on, any Notes because of the
reinstatement of its obligations, the Company shall be subrogated to the rights
of the Holders of such Notes to receive such payment from the money or
Government Securities held by the Trustee or Paying Agent.

     

                                          
ARTICLE
11                                           

     

    MISCELLANEOUS

     

    Section
11.01  Trust
Indenture Act Controls.

     

    If any
provision of this Indenture limits, qualifies or conflicts with the duties
imposed by TIA §318(c), the imposed duties will control.

     

    Section
11.02  Notices.

     

    Any
notice or communication by the Company or the Trustee to the others is duly
given if in writing and delivered in Person or by first class mail (registered
or certified, return receipt requested), facsimile transmission or overnight air
courier guaranteeing next day delivery, to the others’ address:

     

    If to the
Company:

     

    

     

    Computer
Sciences Corporation

    2100 East
Grand Avenue

    El
Segundo, California 90245

    Facsimile
Number: (310) 322-9767

    Attention:
Hayward D. Fisk

     

    
      
         

      

      
        50

        
          

        

      

      
         

      

    

     

    With a
copy to:

    Gibson,
Dunn & Crutcher LLP

    2029
Century Park East, Suite 4000

    Los
Angeles, California 90067

    Facsimile
Number: (310) 551-8741

    Attention:  Brian
Kilb, Esq.

     

    If to the
Trustee:

    The Bank
of New York Trust Company, N.A.

    700 South
Flower Street, Suite 500

    Los
Angeles, CA 90017

    Facsimile
Number:  (213) 630-6175

    Attention:  Corporate
Unit

     

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

     

    All
notices and communications (other than those sent to Holders) will be deemed to
have been duly given: at the time delivered by hand, if personally delivered;
five Business Days after being deposited in the mail, postage prepaid, if
mailed; when receipt acknowledged, if transmitted by facsimile; and the next
Business Day after timely delivery to the courier, if sent by overnight air
courier guaranteeing next day delivery.

     

    Any
notice or communication to a Holder will be mailed by first class mail,
certified or registered, return receipt requested, or by overnight air courier
guaranteeing next day delivery to its address shown on the register kept by the
Registrar.  Any notice or communication will also be so mailed to any
Person described in TIA § 313(c), to the extent required by the
TIA.  Failure to mail a notice or communication to a Holder or any
defect in it will not affect its sufficiency with respect to other
Holders.

     

    The
Trustee agrees to accept and act upon facsimile transmission of written
instructions and/or directions pursuant to this Indenture given by the Company,
provided, however that: (i) the Company, subsequent to such facsimile
transmission of written instructions and/or directions, shall provide the
originally executed instructions and/or directions to the Trustee in a timely
manner and (ii) such originally executed instructions and/or directions shall be
signed by an Authorized Officer of the Company.

     

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

     

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

     

    Section
11.03  Communication
by Holders of Notes with Other Holders of Notes.

     

    Holders
may communicate pursuant to TIA § 312(b) with other Holders with respect to
their rights under this Indenture or the Notes.  The Company, the
Trustee, the Registrar and anyone else shall have the protection of TIA
§ 312(c).

     

    Section
11.04  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:

     

    
      
         

      

      
        51

        
          

        

      

      
         

      

    

     

    (1) an
Officers’ Certificate in form and substance reasonably satisfactory to the
Trustee (which must include the statements set forth in Section 11.05 hereof)
stating that, in the opinion of the signers, all conditions precedent and
covenants, if any, provided for in this Indenture relating to the proposed
action have been satisfied; and

     

    (2) an
Opinion of Counsel in form and substance reasonably satisfactory to the Trustee
(which must include the statements set forth in Section 11.05 hereof) stating
that, in the opinion of such counsel, all such conditions precedent and
covenants have been satisfied.

     

    Section
11.05  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 § 314(a)(4)) must comply with the provisions of TIA § 314(e) and
must include:

     

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

     

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

     

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

     

    (4) a
statement as to whether or not, in the opinion of such Person, such condition or
covenant has been satisfied.

     

    Section
11.06 Rules
by Trustee and Agents.

     

    The
Trustee may make reasonable rules for action by or at a meeting of
Holders.  The Registrar or Paying Agent may make reasonable rules and
set reasonable requirements for its functions.

     

    Section
11.07 No
Personal Liability of Directors, Officers, Employees and
Stockholders.

     

    No past,
present or future director, officer, employee, incorporator or stockholder of
the Company, as such, will have any liability for any obligations of the Company
under the Notes, this Indenture or for any claim based on, in respect of, or by
reason of, such obligations or their creation.  Each Holder of Notes
by accepting a Note waives and releases all such liability.  The
waiver and release are part of the consideration for issuance of the
Notes.  The waiver may not be effective to waive liabilities under the
federal securities laws.

     

    Section
11.08 Governing
Law.

     

    THE
INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS
INDENTURE, THE NOTES WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS
OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION
WOULD BE REQUIRED THEREBY.

     

    
      
         

      

      
        52

        
          

        

      

      
         

      

    

     

    Section
11.09 No
Adverse Interpretation of Other Agreements.

     

    This
Indenture may not be used to interpret any other indenture, loan or debt
agreement of the Company or its Subsidiaries or of any other
Person.  Any such indenture, loan or debt agreement may not be used to
interpret this Indenture.

     

    Section
11.10 Successors.

     

    All
agreements of the Company in this Indenture and the Notes will bind its
successors.  All agreements of the Trustee in this Indenture will bind
its successors.

     

    Section
11.11 Severability.

     

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

     

    Section
11.12 Counterpart
Originals.

     

    The
parties may sign any number of copies of this Indenture.  Each signed
copy will be an original, but all of them together represent the same
agreement.

     

    Section
11.13 Table
of Contents, Headings, etc.

     

    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 of this Indenture and will in no way modify or restrict any
of the terms or provisions hereof.

     

    Section
11.14 Waiver
of Jury Trial

     

    EACH OF
THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL
PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE
TRANSACTION CONTEMPLATED HEREBY.

     

    Section
11.15 Force
Majeure.

     

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

     

    [Signatures
on following page]

     

    
      
         

      

      
        53

        
          

        

      

      
         

      

    

    SIGNATURES

     

    Dated as
of March 3, 2008

     

    Computer
Sciences Corporation

     

    
      	
              By:

            	
               /s/ Donald G.
      DeBuck                

            	         

    

     

    
      	
               
      

            	
              Name:
      Donald G. DeBuck

                    
                Title:
      Chief FinancialOfficer

              

            

    

     

     

    The Bank
of New York Trust Company, N.A.

     

    
      	
              By:

            	
               /s/ Raymond
      Toprres                  

            

    

    
      	
               
      

            	
              Name:
      Raymond Torees

            

    

    
      	
               
      

            	
              Title:
      Assistant Vice President

            

    

    
    

    
      
         

      

      
        54

        
          

        

      

      
         

      

    

    
      EXHIBIT
A-1

    

    
      [Face of
Note]

    

    CUSIP/CINS
____________

     

    5.50%
Senior Notes due 2013

     

    No.
___ $____________

     

    COMPUTER
SCIENCES CORPORATION

     

    promises
to pay to [              ]
or registered assigns,

     

    the
principal sum of __________________________________________________________
DOLLARS on March 15, 2013.

     

    Interest
Payment Dates:  March 15 and September 15

     

    Record
Dates:  March 1 and September 1

     

    
      A1-1

      
         

        
          

        

      

      
         

      

    

    

     

    

     

    

     

    

     

    

     

    Dated:  _______________,
200_

     

    COMPUTER
SCIENCES CORPORATION

     

    

     

    

     

    By: ______________________________________                                                                          

     

    Name:

    Title:

     

    This is
one of the Notes referred to

    in the
within-mentioned Indenture:

     

    

     

    THE BANK
OF NEW YORK TRUST COMPANY, N.A.,

      as
Trustee

     

    

     

    

     

    By: _____________________________                                                          

            Authorized
Signatory

     

    
      
         

      

      
        A1-2

        
          

        

      

      
         

      

    

    

    [Back of
Note]

    5.50%
Senior Notes due 2013

     

    [Insert
the Global Note Legend, if applicable pursuant to the provisions of the
Indenture]

     

    [Insert
the Private Placement Legend, if applicable pursuant to the provisions of the
Indenture]

     

    Capitalized
terms used herein have the meanings assigned to them in the Indenture referred
to below unless otherwise indicated.

     

    (1) Interest.  Computer
Sciences Corporation, a Nevada corporation (the “Company”), promises to pay
interest on the principal amount of this 2013 Note at 5.50% per annum from
________________, 20__  until maturity and shall pay the Additional
Interest, if any, payable pursuant to Section 5 of the Registration Rights
Agreement referred to below.  The Company will pay interest and
Additional Interest, if any, semi-annually in arrears on March 15 and September
15 of each year, or if any such day is not a Business Day, on the next
succeeding Business Day (each, an “Interest Payment
Date”).  Interest on the 2013 Notes will accrue from the most
recent date to which interest has been paid or, if no interest has been paid,
from the date of issuance; provided that if there is no existing Default in the
payment of interest, and if this 2013 Note is authenticated between a record
date referred to on the face hereof and the next succeeding Interest Payment
Date, interest shall accrue from such next succeeding Interest Payment Date;
provided further
that the first Interest Payment Date shall be September 15, 2008. The Company
will pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue principal and premium, if any, from time to time on
demand at a rate that is 1% per annum in excess of the
rate then in effect to the extent lawful; it will pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on overdue
installments of interest and Additional Interest, if any, (without regard to any
applicable grace periods) from time to time on demand at the same rate to the
extent lawful.  Interest will be computed on the basis of a 360-day
year of twelve 30-day months.

     

    (2) Method of
Payment.  The Company will pay interest on the 2013 Notes
(except defaulted interest) and Additional Interest, if any, to the Persons who
are registered Holders of 2013 Notes at the close of business on the March 1 or
September 1 next preceding the Interest Payment Date, even if such 2013 Notes
are canceled after such record date and on or before such Interest Payment Date,
except as provided in Section 2.12 of the Indenture with respect to defaulted
interest.  The 2013 Notes will be payable as to principal, premium and
Additional Interest, if any, and interest at the office or agency of the Company
maintained for such purpose within or without the City and State of New York,
or, at the option of the Company, payment of interest and Additional Interest,
if any, may be made by check mailed to the Holders of 2013 Notes at their
addresses set forth in the register of Holders of 2013 Notes; provided that
payment by wire transfer of immediately available funds will be required with
respect to principal of and interest, premium and Additional Interest, if any,
on, all Global Notes and all other 2013 Notes the Holders of which will have
provided wire transfer instructions to the Company or the Paying
Agent.  Such payment will be 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.

     

    (3) Paying
Agent and Registrar.  Initially, The Bank of New York Trust
Company, N.A., the Trustee under the Indenture, will act as Paying Agent and
Registrar.  The Company may change any Paying Agent or Registrar
without notice to any Holder.  The Company or any of its Subsidiaries
may act in any such capacity.

     

    
      
         

      

      
        A1-3

        
          

        

      

      
         

      

    

     

    (4) Indenture.  The
Company issued the 2013 Notes under an Indenture dated as of March 3, 2008 (the
“Indenture”) among the
Company and the Trustee.  The terms of the 2013 Notes include those
stated in the Indenture and those made part of the Indenture by reference to the
TIA.  The 2013 Notes are subject to all such terms, and Holders are
referred to the Indenture and such Act for a statement of such
terms.  To the extent any provision of this 2013 Note conflicts with
the express provisions of the Indenture, the provisions of the Indenture shall
govern and be controlling.  The 2013 Notes are unsecured obligations
of the Company. The Indenture does not limit the aggregate principal amount of
2013 Notes that may be issued thereunder.

     

    (5) Optional
Redemption.

     

    (a) The 2013
Notes will be redeemable as a whole or in part, at the Company’s option, at any
time, from time to time, at a redemption price equal to the greater
of:

     

    (i) 100% of
the principal amount of the 2013 Notes; and

     

    (ii) as
determined by the Independent Investment Banker, the sum of the present values
of the remaining scheduled payments of principal and interest thereon (not
including any portion of such interest payments accrued as of the redemption
date), discounted to the redemption date on a semiannual basis (assuming a
360-day year consisting of twelve 30-day months) at the Treasury Rate plus
0.50%.

     

    (6) Mandatory
Redemption.

     

    The
Company is not be required to make mandatory redemption or sinking fund payments
with respect to the 2013 Notes.

     

    (7) Repurchase
at the Option of Holder.

     

    (a) If a
Change of Control Triggering Event occurs with respect to 2013 Notes, unless the
Company has exercised its option to redeem such 2013 Notes as described under
Section 3.07 of the Indenture, the Company will be required to make a Change of
Control Offer to each Holder of such 2013 Notes to repurchase all or any part
(equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that
Holder’s 2013 Notes at a repurchase price, payable in cash, equal to the Change
of Control Payment.  Within 30 days following any Change of Control
Triggering Event or, at the Company’s option, prior to any Change of
Control, but after public announcement of the transaction that constitutes or
may constitute the Change of Control, a notice will be sent to Holders of the
Notes, with a copy to the Trustee, describing the transaction that constitutes
or may constitute the Change of Control Triggering Event and offering to
repurchase such Notes on the date specified in the notice, which date will be no
earlier than 30 days and no later than 90 days from the date such notice is
mailed.

     

    (8) Notice of
Redemption.  Notice of redemption will be mailed at least 30
days but not more than 60 days before the redemption date to each Holder whose
2013 Notes are to be redeemed at its registered address, except that redemption
notices may be mailed more than 60 days prior to a redemption date if the notice
is issued in connection with a defeasance of the 2013 Notes or a satisfaction or
discharge of the Indenture.  2013 Notes in denominations of larger
than $2,000 may be redeemed in part, but only in whole multiples of $1,000,
unless all of the 2013 Notes held by a Holder are to be redeemed.

    
       

      
        
           

        

        
          A1-4

          
            

          

        

        
           

        

      

       

    

    (9) Denominations,
Transfer, Exchange.  The Notes are in registered form without
coupons in denominations of $2,000 and integral multiples of $1,000 in excess
thereof.  The transfer of 2013 Notes may be registered and 2013 Notes
may be exchanged as provided in the Indenture. The Registrar and the Trustee may
require a Holder, among other things, to furnish appropriate endorsements and
transfer documents and the Company may require a Holder to pay any taxes and
fees required by law or permitted by the Indenture.  The Company need
not exchange or register the transfer of any 2013 Note or portion of a 2013 Note
selected for redemption, except for the unredeemed portion of any 2013 Note
being redeemed in part.  Also, the Company need not exchange or
register the transfer of any 2013 Notes for a period of 15 days before a
selection of 2013 Notes to be redeemed or during the period between a record
date and the corresponding Interest Payment Date.

     

    (10) Persons
Deemed Owners.  The registered Holder of a 2013 Note may be
treated as its owner for all purposes.

     

    (11) Amendment,
Supplement and Waiver.  Subject to certain exceptions, the
Indenture or the 2013 Notes may be amended or supplemented with the consent of
the Holders of at least a majority in aggregate principal amount of the then
outstanding 2013 Notes including Additional 2013 Notes, if any, voting as a
single class, and any existing Default or Event or Default or compliance with
any provision of the Indenture or the 2013 Notes may be waived with the consent
of the Holders of a majority in aggregate principal amount of the then
outstanding 2013 Notes including Additional 2013 Notes, if any, voting as a
single class.  Without the consent of any Holder of a 2013 Note, the
Indenture or the 2013 Notes may be amended or supplemented to fix any ambiguity,
defect or inconsistency in the Indenture or the 2013 Notes; to make any such
changes as are required for the Indenture to comply with the TIA; to add
covenants for the benefit of Holders of the 2013 Notes or to surrender any of
the Company’s rights or powers; to comply with Article 5 of the Indenture; to
provide for uncertificated 2013 Notes in addition to or in place of certificated
2013 Notes; to add any additional Events of Default; to change or eliminate
provisions of the Indenture if the provision that is changed or eliminated does
not apply to any outstanding 2013 Notes; to provide for the issuance of and
terms and conditions of 2013 Notes or to add to the rights of the Holders of
2013 Notes; and to provide for a successor Trustee and to facilitate the
administration of the trust by more than one Trustee; to conform the text of the
Indenture or the 2013 Notes to any provision of the “Description of the Notes”
section of the Company’s Offering Memorandum dated February 27, 2008, relating
to the initial offering of the 2013 Notes, to the extent that such provision in
that “Description of the Notes” was intended to be a verbatim recitation of a
provision of the Indenture or the 2013 Notes; to secure the 2013 Notes or to
provide that any of the Company’s obligations under the 2013 Notes will be
guaranteed and the terms of such guarantees; and to make any other change that
does not adversely affect the rights of any Holder of 2013 Notes in any material
respect.

     

    (12) Defaults
and remedies.  Events of Default include:  (i)
default for 90 days in the payment when due of interest (or Additional Interest,
if any) on such series of Notes so long as the period within which such payment
is due has not been extended or deferred; (ii) default in the payment when due
(at maturity, upon redemption or otherwise) of the principal of, or premium, if
any, on, such series of Notes; (iii) failure by the Company for 90 days after
notice to the Company by the Trustee or the Holders of at least 25% in aggregate
principal amount of the Notes of such series then outstanding voting as a single
class to perform or observe any of the other covenants or agreements in this
Indenture; (vi) any of the Company’s Indebtedness in the aggregate outstanding
principal amount of $100 million or more either: (a) becomes due and payable
prior to the due date for payment of such Indebtedness following the Company’s
default; or (b) is not repaid at, and remains unpaid after, maturity as extended
by any applicable period of grace or any guarantee given by the Company in
respect of Indebtedness of any other Person in the aggregate outstanding
principal amount of $100 million or more is not honored when, and remains
dishonored after, becoming due; and (v) certain event of bankruptcy or
insolvency with respect to the Company.  If any Event of Default
occurs and is continuing, the Trustee or the Holders of at least 25% in
aggregate principal amount of the then outstanding 2013 Notes may declare all
the 2013 Notes to be due and payable immediately.  Notwithstanding the
foregoing, in the case of an Event of Default arising from certain events of
bankruptcy or insolvency, all outstanding 2013 Notes will become due and payable
immediately without further action or notice.  Holders may not enforce
the Indenture or the 2013 Notes except as provided in the
Indenture.  Subject to certain limitations, Holders of a majority in
aggregate principal amount of the then outstanding 2013 Notes may direct the
Trustee in its exercise of any trust or power.  The Trustee may
withhold from Holders of the 2013 Notes notice of any continuing Default or
Event of Default (except a Default or Event of Default relating to the payment
of principal or interest or premium or Additional Interest, if any,) if it
determines that withholding notice is in their interest.  The Holders
of a majority in aggregate principal amount of the then outstanding 2013 Notes
by notice to the Trustee may, on behalf of the Holders of all of the 2013 Notes,
rescind an acceleration or waive any existing Default or Event of Default and
its consequences under the Indenture except a continuing Default or Event of
Default in the payment of interest or premium or Additional Interest, if any,
on, or the principal of, the 2013 Notes.  The Company is required to
deliver to the Trustee annually a statement regarding compliance with the
Indenture, and the Company is required, upon becoming aware of any Default or
Event of Default, to deliver to the Trustee a statement specifying such Default
or Event of Default.

    
       

      
        
           

        

        
          A1-5

          
            

          

        

        
           

        

      

       

    

    (13) Trustee
Dealings with Company.  The Trustee, in its individual or any
other capacity, may make loans to, accept deposits from, and perform services
for the Company or its Affiliates, and may otherwise deal with the Company or
its Affiliates, as if it were not the Trustee.

     

    (14) No
Recourse Against Others.  A director, officer, employee,
incorporator or stockholder of the Company, as such, will not have any liability
for any obligations of the Company under the 2013 Notes or the Indenture or for
any claim based on, in respect of, or by reason of, such obligations or their
creation.  Each Holder by accepting a 2013 Note waives and releases
all such liability.  The waiver and release are part of the
consideration for the issuance of the 2013 Notes.

     

    (15) Authentication.  This
2013 Note will not be valid until authenticated by the manual signature of the
Trustee or an authenticating agent.

     

    (16) Abbreviations.  Customary
abbreviations may be used in the name of a Holder or an assignee, such
as:  TEN COM (= tenants in common), TEN ENT (= tenants by the
entireties), JT TEN (= joint tenants with right of survivorship and not as
tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors
Act).

     

    (17) Additional
Rights of Holders of Restricted Global Notes and Restricted Definitive
Notes.  In addition to the rights provided to Holders of 2013
Notes under the Indenture, Holders of Restricted Global Notes and Restricted
Definitive Notes will have all the rights set forth in the Registration Rights
Agreement dated as of March 3, 2008, among the Company and the other parties
named on the signature pages thereof (the “Registration Rights
Agreement”).

    
       

      
        
           

        

        
          A1-6

          
            

          

        

        
           

        

      

       

    

    (18) CUSIP
Numbers.  Pursuant to a recommendation promulgated by the
Committee on Uniform Security Identification Procedures, the Company has caused
CUSIP numbers to be printed on the 2013 Notes, and the Trustee may use CUSIP
numbers in notices of redemption as a convenience to Holders.  No
representation is made as to the accuracy of such numbers either as printed on
the 2013 Notes or as contained in any notice of redemption, and reliance may be
placed only on the other identification numbers placed thereon.

     

    (19) GOVERNING
LAW. THE INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE
USED TO CONSTRUE THE INDENTURE AND THIS 2013 NOTE WITHOUT GIVING EFFECT TO
APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF
THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

     

    The
Company will furnish to any Holder upon written request and without charge a
copy of the Indenture and/or the Registration Rights
Agreement.  Requests may be made to:

     

    Computer
Sciences Corporation

    2100 East
Grand Avenue

    El
Segundo, California 90245

    Attention:
Hayward D. Fisk

    
      
        
          A1-7

        

         

      

      
         

        
          

        

      

      
         

      

    

    Assignment
Form

     

    To assign
this 2013 Note, fill in the form below:

     

    (I) or
(we) assign and transfer this 2013 Note
to: _____________________________________                                                                                                                                         

    (Insert assignee’s legal
name)

     

    

    (Insert
assignee’s soc. sec. or tax I.D. no.)

     

    

     

    

     

    

     

    

    (Print or
type assignee’s name, address and zip code)

     

    and
irrevocably
appoint                                                                                                                                          

     

    to
transfer this Note on the books of the Company.  The agent may
substitute another to act for him.

     

    Date:  _______________

     

    Your
Signature:                                                                           

    (Sign
exactly as your name appears on the face of this 2013 Note)

    

    Signature
Guarantee*:  _________________________

    

    *           Participant
in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee).

    
      
        
          A1-8|

        

         

      

      
         

        
          

        

      

      
         

      

    

    Option
of Holder to Elect Purchase

    

    If you
want to elect to have this 2013 Note purchased by the Company pursuant to
Section 4.09 of the Indenture, check the box below:

     

    oSection
4.09

     

    If you
want to elect to have only part of the 2013 Note purchased by the Company
pursuant to Section 4.09 of the Indenture, state the amount you elect to have
purchased:

     

    $_______________

    

    Date:  _______________

     

    Your
Signature:  __________________________________________________                                                                         
                            
(Sign
exactly as your name appears on the face of this 2013 Note)

     

    Tax
Identification
No.: _____________________________________                                                                          

    

    Signature
Guarantee*:  _________________________

    

    *           Participant
in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee).

    

    
      
        
          A1-9

        

         

      

      
         

        
          

        

      

      
         

      

    

    Schedule
of Exchanges of Interests in the Global Note *

     

    The
following exchanges of a part of this Global Note for an interest in another
Global Note or for a Definitive Note, or exchanges of a part of another Global
Note or Definitive Note for an interest in this Global Note, have been
made:

     

    

    
      	
              Date of
      Exchange

            	
              Amount
      of decrease in Principal Amount

              of

              this Global
      Note

            	
              Amount
      of increase in Principal Amount

              of

              this Global
      Note

            	
              Principal
      Amount

              of
      this Global Note following such decrease

              (or
      increase)

            	
              Signature
      of authorized officer of Trustee or Custodian

            
	 
      	 
      	 
      	 
      	 
      

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      	
              *

            	
              This schedule should be
      included only if the Note is issued in global
  form.

            

    

    
      
        
          A1-10

        

         

      

      
         

        
          

        

      

      
         

      

    

    
      EXHIBIT
A-2

    

    
      [Face of
Note]

    

    CUSIP/CINS
____________

     

    6.50%
Senior Notes due 2018

     

    No.
___ $____________

     

    COMPUTER
SCIENCES CORPORATION

     

    promises
to pay to [              ]
or registered assigns,

     

    the
principal sum of __________________________________________________________
DOLLARS on _____________, 2018.

     

    Interest
Payment Dates:  March 15 and September 15

     

    Record
Dates:  March 1 and September 1

     

    
      
        
          A2-1

        

         

      

      
         

        
          

        

      

      
         

      

    

    

     

    

     

    

     

    

     

    

     

    Dated:  _______________,
200_

     

    COMPUTER
SCIENCES CORPORATION

     

    

     

    

     

    By:                                                                           

     

    Name:

     

    Title:

     

    This is
one of the Notes referred to

     

    in the
within-mentioned Indenture:

     

    

     

    THE BANK
OF NEW YORK TRUST COMPANY, N.A.,

     

      as
Trustee

     

    

     

    

     

    By:                                                           

     

    Authorized Signatory

     

    
      
        
          A2-2

        

         

      

      
         

        
          

        

      

      
         

      

    

    

    [Back of
Note]

    6.50%
Senior Notes due 2018

     

    [Insert
the Global Note Legend, if applicable pursuant to the provisions of the
Indenture]

     

    [Insert
the Private Placement Legend, if applicable pursuant to the provisions of the
Indenture]

     

    Capitalized
terms used herein have the meanings assigned to them in the Indenture referred
to below unless otherwise indicated.

     

    (1) Interest.  Computer
Sciences Corporation, a Nevada corporation (the “Company”), promises to pay
interest on the principal amount of this 2018 Note at 6.50% per annum from
________________, 20__  until maturity and shall pay the Additional
Interest, if any, payable pursuant to Section 5 of the Registration Rights
Agreement referred to below.  The Company will pay interest and
Additional Interest, if any, semi-annually in arrears on March 15 and September
15 of each year, or if any such day is not a Business Day, on the next
succeeding Business Day (each, an “Interest Payment
Date”).  Interest on the 2018 Notes will accrue from the most
recent date to which interest has been paid or, if no interest has been paid,
from the date of issuance; provided that if there is no existing Default in the
payment of interest, and if this 2018 Note is authenticated between a record
date referred to on the face hereof and the next succeeding Interest Payment
Date, interest shall accrue from such next succeeding Interest Payment Date;
provided further
that the first Interest Payment Date shall be September 15, 2008. The Company
will pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue principal and premium, if any, from time to time on
demand at a rate that is 1% per annum in excess of the
rate then in effect to the extent lawful; it will pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on overdue
installments of interest and Additional Interest, if any, (without regard to any
applicable grace periods) from time to time on demand at the same rate to the
extent lawful.  Interest will be computed on the basis of a 360-day
year of twelve 30-day months.

     

    (2) Method of
Payment.  The Company will pay interest on the 2018 Notes
(except defaulted interest) and Additional Interest, if any, to the Persons who
are registered Holders of 2018 Notes at the close of business on the March 1 and
September 1 next preceding the Interest Payment Date, even if such 2018 Notes
are canceled after such record date and on or before such Interest Payment Date,
except as provided in Section 2.12 of the Indenture with respect to defaulted
interest.  The 2018 Notes will be payable as to principal, premium and
Additional Interest, if any, and interest at the office or agency of the Company
maintained for such purpose within or without the City and State of New York,
or, at the option of the Company, payment of interest and Additional Interest,
if any, may be made by check mailed to the Holders of 2018 Notes at their
addresses set forth in the register of Holders of 2018 Notes; provided that
payment by wire transfer of immediately available funds will be required with
respect to principal of and interest, premium and Additional Interest, if any,
on, all Global Notes and all other 2018 Notes the Holders of which will have
provided wire transfer instructions to the Company or the Paying
Agent.  Such payment will be 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.

     

    (3) Paying
Agent and Registrar.  Initially, The Bank of New York Trust
Company, N.A., the Trustee under the Indenture, will act as Paying Agent and
Registrar.  The Company may change any Paying Agent or Registrar
without notice to any Holder.  The Company or any of its Subsidiaries
may act in any such capacity.

     

    
      
         

      

      
        A2-3

        
          

        

      

      
         

      

    

     

    (4) Indenture.  The
Company issued the 2018 Notes under an Indenture dated as of March 3, 2008 (the
“Indenture”) among the
Company and the Trustee.  The terms of the 2018 Notes include those
stated in the Indenture and those made part of the Indenture by reference to the
TIA.  The 2018 Notes are subject to all such terms, and Holders are
referred to the Indenture and such Act for a statement of such
terms.  To the extent any provision of this 2018 Note conflicts with
the express provisions of the Indenture, the provisions of the Indenture shall
govern and be controlling.  The 2018 Notes are unsecured obligations
of the Company. The Indenture does not limit the aggregate principal amount of
2018 Notes that may be issued thereunder.

     

    (5) Optional
Redemption.

     

    (a) The 2018
Notes will be redeemable as a whole or in part, at the Company’s option, at any
time, from time to time, at a redemption price equal to the greater
of:

     

    (i) 100% of
the principal amount of the 2018 Notes; and

     

    (ii) as
determined by the Independent Investment Banker, the sum of the present values
of the remaining scheduled payments of principal and interest thereon (not
including any portion of such interest payments accrued as of the redemption
date), discounted to the redemption date on a semiannual basis (assuming a
360-day year consisting of twelve 30-day months) at the Treasury Rate plus
0.50%.

     

    (6) Mandatory
Redemption.

     

    The
Company is not be required to make mandatory redemption or sinking fund payments
with respect to the 2018 Notes.

     

    (7) Repurchase
at the Option of Holder.

     

    (a) If a
Change of Control Triggering Event occurs with respect to 2018 Notes, unless the
Company has exercised its option to redeem such 2018 Notes as described under
Section 3.07 of the Indenture, the Company will be required to make a Change of
Control Offer to each Holder of such 2018 Notes to repurchase all or any part
(equal to $2,000 or an integral multiple of $1,000 in excess thereof) of
that Holder’s 2018 Notes at a repurchase price, payable in cash, equal to
the Change of Control Payment.  Within 30 days following any Change of
Control Triggering Event or, at the Company’s option, prior to any Change of
Control, but after public announcement of the transaction that constitutes
or may constitute the Change of Control, a notice will be sent to Holders of the
Notes, with a copy to the Trustee, describing the transaction that constitutes
or may constitute the Change of Control Triggering Event and offering to
repurchase such Notes on the date specified in the notice, which date will be no
earlier than 30 days and no later than 90 days from the date such notice is
mailed.

     

    (8) Notice of
Redemption.  Notice of redemption will be mailed at least 30
days but not more than 60 days before the redemption date to each Holder whose
2018 Notes are to be redeemed at its registered address, except that redemption
notices may be mailed more than 60 days prior to a redemption date if the notice
is issued in connection with a defeasance of the 2018 Notes or a satisfaction or
discharge of the Indenture.  2018 Notes in denominations of larger
than $2,000 may be redeemed in part, but only in whole multiples of $1,000,
unless all of the 2018 Notes held by a Holder are to be redeemed.

     

    
      
         

      

      
        A2-4

        
          

        

      

      
         

      

    

     

    (9) Denominations,
Transfer, Exchange.  The Notes are in registered form without
coupons in denominations of $2,000 and integral multiples of $1,000 in excess
thereof.  The transfer of 2018 Notes may be registered and 2018 Notes
may be exchanged as provided in the Indenture. The Registrar and the Trustee may
require a Holder, among other things, to furnish appropriate endorsements and
transfer documents and the Company may require a Holder to pay any taxes and
fees required by law or permitted by the Indenture.  The Company need
not exchange or register the transfer of any 2018 Note or portion of a 2018 Note
selected for redemption, except for the unredeemed portion of any 2018 Note
being redeemed in part.  Also, the Company need not exchange or
register the transfer of any 2018 Notes for a period of 15 days before a
selection of 2018 Notes to be redeemed or during the period between a record
date and the corresponding Interest Payment Date.

     

    (10) Persons
Deemed Owners.  The registered Holder of a 2018 Note may be
treated as its owner for all purposes.

     

    (11) Amendment,
Supplement and Waiver.  Subject to certain exceptions, the
Indenture or the 2018 Notes may be amended or supplemented with the consent of
the Holders of at least a majority in aggregate principal amount of the then
outstanding 2018 Notes including Additional 2018 Notes, if any, voting as a
single class, and any existing Default or Event or Default or compliance with
any provision of the Indenture or the 2018 Notes may be waived with the consent
of the Holders of a majority in aggregate principal amount of the then
outstanding 2018 Notes including Additional 2018 Notes, if any, voting as a
single class.  Without the consent of any Holder of a 2018 Note, the
Indenture or the 2018 Notes may be amended or supplemented to fix any ambiguity,
defect or inconsistency in the Indenture or the 2018 Notes; to make any such
changes as are required for the Indenture to comply with the TIA; to add
covenants for the benefit of Holders of the 2018 Notes or to surrender any of
the Company’s rights or powers; to comply with Article 5 of the Indenture; to
provide for uncertificated 2018 Notes in addition to or in place of certificated
2018 Notes; to add any additional Events of Default; to change or eliminate
provisions of the Indenture if the provision that is changed or eliminated does
not apply to any outstanding 2018 Notes; to provide for the issuance of and
terms and conditions of 2018 Notes or to add to the rights of the Holders of
2018 Notes; and to provide for a successor Trustee and to facilitate the
administration of the trust by more than one Trustee; to conform the text of the
Indenture or the 2018 Notes to any provision of the “Description of the Notes”
section of the Company’s Offering Memorandum dated February 27, 2008, relating
to the initial offering of the 2018 Notes, to the extent that such provision in
that “Description of the Notes” was intended to be a verbatim recitation of a
provision of the Indenture or the 2018 Notes; to secure the 2018 Notes or to
provide that any of the Company’s obligations under the 2018 Notes will be
guaranteed and the terms of such guarantees; and to make any other change that
does not adversely affect the rights of any Holder of 2018 Notes in any material
respect.

     

    (12) Defaults
and remedies.  Events of Default include:  (i)
default for 90 days in the payment when due of interest (or Additional Interest,
if any) on such series of Notes so long as the period within which such payment
is due has not been extended or deferred; (ii) default in the payment when due
(at maturity, upon redemption or otherwise) of the principal of, or premium, if
any, on, such series of Notes; (iii) failure by the Company for 90 days after
notice to the Company by the Trustee or the Holders of at least 25% in aggregate
principal amount of the Notes of such series then outstanding voting as a single
class to perform or observe any of the other covenants or agreements in this
Indenture; (vi) any of the Company’s Indebtedness in the aggregate outstanding
principal amount of $100 million or more either: (a) becomes due and payable
prior to the due date for payment of such Indebtedness following the Company’s
default; or (b) is not repaid at, and remains unpaid after, maturity as extended
by any applicable period of grace or any guarantee given by the Company in
respect of Indebtedness of any other Person in the aggregate outstanding
principal amount of $100 million or more is not honored when, and remains
dishonored after, becoming due; and (v) certain event of bankruptcy or
insolvency with respect to the Company.  If any Event of Default
occurs and is continuing, the Trustee or the Holders of at least 25% in
aggregate principal amount of the then outstanding 2018 Notes may declare all
the 2018 Notes to be due and payable immediately.  Notwithstanding the
foregoing, in the case of an Event of Default arising from certain events of
bankruptcy or insolvency, all outstanding 2018 Notes will become due and payable
immediately without further action or notice.  Holders may not enforce
the Indenture or the 2018 Notes except as provided in the
Indenture.  Subject to certain limitations, Holders of a majority in
aggregate principal amount of the then outstanding 2018 Notes may direct the
Trustee in its exercise of any trust or power.  The Trustee may
withhold from Holders of the 2018 Notes notice of any continuing Default or
Event of Default (except a Default or Event of Default relating to the payment
of principal or interest or premium or Additional Interest, if any,) if it
determines that withholding notice is in their interest.  The Holders
of a majority in aggregate principal amount of the then outstanding 2018 Notes
by notice to the Trustee may, on behalf of the Holders of all of the 2018 Notes,
rescind an acceleration or waive any existing Default or Event of Default and
its consequences under the Indenture except a continuing Default or Event of
Default in the payment of interest or premium or Additional Interest, if any,
on, or the principal of, the 2018 Notes.  The Company is required to
deliver to the Trustee annually a statement regarding compliance with the
Indenture, and the Company is required, upon becoming aware of any Default or
Event of Default, to deliver to the Trustee a statement specifying such Default
or Event of Default.

     

    
      
         

      

      
        A2-5

        
          

        

      

      
         

      

    

     

    (13) Trustee
Dealings with Company.  The Trustee, in its individual or any
other capacity, may make loans to, accept deposits from, and perform services
for the Company or its Affiliates, and may otherwise deal with the Company or
its Affiliates, as if it were not the Trustee.

     

    (14) No
Recourse Against Others.  A director, officer, employee,
incorporator or stockholder of the Company, as such, will not have any liability
for any obligations of the Company under the 2018 Notes or the Indenture or for
any claim based on, in respect of, or by reason of, such obligations or their
creation.  Each Holder by accepting a 2018 Note waives and releases
all such liability.  The waiver and release are part of the
consideration for the issuance of the 2018 Notes.

     

    (15) Authentication.  This
2018 Note will not be valid until authenticated by the manual signature of the
Trustee or an authenticating agent.

     

    (16) Abbreviations.  Customary
abbreviations may be used in the name of a Holder or an assignee, such
as:  TEN COM (= tenants in common), TEN ENT (= tenants by the
entireties), JT TEN (= joint tenants with right of survivorship and not as
tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors
Act).

     

    (17) Additional
Rights of Holders of Restricted Global Notes and Restricted Definitive
Notes.  In addition to the rights provided to Holders of 2018
Notes under the Indenture, Holders of Restricted Global Notes and Restricted
Definitive Notes will have all the rights set forth in the Registration Rights
Agreement dated as of March 3, 2008, among the Company and the other parties
named on the signature pages thereof (the “Registration Rights
Agreement”).

     

    
      
         

      

      
        A2-6

        
          

        

      

      
         

      

    

     

    (18) CUSIP
Numbers.  Pursuant to a recommendation promulgated by the
Committee on Uniform Security Identification Procedures, the Company has caused
CUSIP numbers to be printed on the 2018 Notes, and the Trustee may use CUSIP
numbers in notices of redemption as a convenience to Holders.  No
representation is made as to the accuracy of such numbers either as printed on
the 2018 Notes or as contained in any notice of redemption, and reliance may be
placed only on the other identification numbers placed thereon.

     

    (19) GOVERNING
LAW. THE INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE
USED TO CONSTRUE THE INDENTURE AND THIS 2018 NOTE WITHOUT GIVING EFFECT TO
APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF
THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

     

    The
Company will furnish to any Holder upon written request and without charge a
copy of the Indenture and/or the Registration Rights
Agreement.  Requests may be made to:

     

    Computer
Sciences Corporation

    2100 East
Grand Avenue

    El
Segundo, California 90245

    Attention:
Hayward D. Fisk

    
      
        
          A2-7

        

         

      

      
         

        
          

        

      

      
         

      

    

    Assignment
Form

     

    To assign
this 2018 Note, fill in the form below:

     

    (I) or
(we) assign and transfer this 2018 Note
to:                                                                                                                                          

    (Insert assignee’s legal
name)

     

    

    (Insert
assignee’s soc. sec. or tax I.D. no.)

     

    

     

    

     

    

     

    

    (Print or
type assignee’s name, address and zip code)

     

    and
irrevocably
appoint                                                                                                                                          

     

    to
transfer this Note on the books of the Company.  The agent may
substitute another to act for him.

     

    Date:  _______________

     

    Your
Signature:                                                                           

    (Sign
exactly as your name appears on the face of this 2018 Note)

    

    Signature
Guarantee*:  _________________________

    

    *           Participant
in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee).

    
      
        
          A2-8

        

         

      

      
         

        
          

        

      

      
         

      

    

    Option
of Holder to Elect Purchase

    

    If you
want to elect to have this 2018 Note purchased by the Company pursuant to
Section 4.09 of the Indenture, check the box below:

     

    ØSection
4.09

     

    If you
want to elect to have only part of the 2018 Note purchased by the Company
pursuant to Section 4.09 of the Indenture, state the amount you elect to have
purchased:

     

    $_______________

    

    Date:  _______________

     

    Your
Signature:                                                                           

    (Sign
exactly as your name appears on the face of this 2018 Note)

     

    Tax
Identification
No.:                                                                           

    

    Signature
Guarantee*:  _________________________

    

    *           Participant
in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee).

    

    
      
        
          A2-9

        

         

      

      
         

        
          

        

      

      
         

      

    

    Schedule
of Exchanges of Interests in the Global Note *

     

    The
following exchanges of a part of this Global Note for an interest in another
Global Note or for a Definitive Note, or exchanges of a part of another Global
Note or Definitive Note for an interest in this Global Note, have been
made:

     

    

    
      	
              Date of
      Exchange

            	
              Amount
      of decrease in Principal Amount

              of

              this Global
      Note

            	
              Amount
      of increase in Principal Amount

              of

              this Global
      Note

            	
              Principal
      Amount

              of
      this Global Note following such decrease

              (or
      increase)

            	
              Signature
      of authorized officer of Trustee or Custodian

            
	 
      	 
      	 
      	 
      	 
      

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      	
              *

            	
              This schedule should be
      included only if the Note is issued in global
  form.

            

    

    
      
        
          A2-10

        

         

      

      
         

        
          

        

      

      
         

        
          EXHIBIT
B

           

          

        

      

    

    FORM OF
CERTIFICATE OF TRANSFER

     

    Computer
Sciences Corporation

     

    2100 East
Grand Avenue

     

    El
Segundo, California 90245

     

    Attention:
Hayward D. Fisk

     

    The Bank
of New York Trust Company, N.A.

    700 South
Flower Street, Suite 500

    Los
Angeles, CA 90017

    

     

    
      	
               
      

            	
              Re:  [5.50% Senior Notes Due
      2013]

            

    

     

    
      	
               
      

            	
              [6.50% Senior Notes Due
      2018]

            

    

     

    Reference
is hereby made to the Indenture, dated as of March 3, 2008 (the “Indenture”), between Computer
Sciences Corporation, as issuer (the “Company”), and The Bank of
New York Trust Company, N.A., as trustee.  Capitalized terms used but
not defined herein shall have the meanings given to them in the
Indenture.

     

    ___________________,
(the “Transferor”) owns
and proposes to transfer the [2013] [2018] Note[s] or interest in such [2013]
[2018] Note[s] specified in Annex A hereto, in the principal amount of
$___________ in such [2013] [2018] Note[s] or interests (the “Transfer”),
to  ___________________________ (the “Transferee”), as further
specified in Annex A hereto.  In connection with the Transfer, the
Transferor hereby certifies that:

     

    [CHECK
ALL THAT APPLY]

     

    1.   ̈   Check if
Transferee will take delivery of a beneficial interest in the 144A Global Note
or a Restricted Definitive Note pursuant to Rule 144A.  The
Transfer is being effected pursuant to and in accordance with Rule 144A under
the Securities Act of 1933, as amended (the “Securities Act”), and,
accordingly, the Transferor hereby further certifies that the beneficial
interest or Definitive Note is being transferred to a Person that the Transferor
reasonably believes is purchasing the beneficial interest or Definitive Note for
its own account, or for one or more accounts with respect to which such Person
exercises sole investment discretion, and such Person and each such account is a
“qualified institutional buyer” within the meaning of Rule 144A in a transaction
meeting the requirements of Rule 144A, and such Transfer is in compliance with
any applicable blue sky securities laws of any state of the United
States.  Upon consummation of the proposed Transfer in accordance with
the terms of the Indenture, the transferred beneficial interest or Definitive
Note will be subject to the restrictions on transfer enumerated in the Private
Placement Legend printed on the 144A Global Note and/or the Restricted
Definitive Note and in the Indenture and the Securities Act.

     

    2.   ̈   Check if
Transferee will take delivery of a beneficial interest in the Regulation S
Global Note or a Restricted Definitive Note pursuant to Regulation
S.  The Transfer is being effected pursuant to and in
accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly,
the Transferor hereby further certifies that (i) the Transfer is not being made
to a Person in the United States and (x) at the time the buy order was
originated, the Transferee was outside the United States or such Transferor and
any Person acting on its behalf reasonably believed and believes that the
Transferee was outside the United States or (y) the transaction was executed in,
on or through the facilities of a designated offshore securities market and
neither such Transferor nor any Person acting on its behalf knows that the
transaction was prearranged with a buyer in the United States, (ii) no directed
selling efforts have been made in contravention of the requirements of Rule
903(b) or Rule 904(b) of Regulation S under the Securities Act, (iii) the
transaction is not part of a plan or scheme to evade the registration
requirements of the Securities Act and (iv) if the proposed transfer is being
made prior to the expiration of the Restricted Period, the transfer is not being
made to a U.S. Person or for the account or benefit of a U.S. Person (other than
an Initial Purchaser). Upon consummation of the proposed transfer in accordance
with the terms of the Indenture, the transferred beneficial interest or
Definitive Note will be subject to the restrictions on Transfer enumerated in
the Private Placement Legend printed on the Regulation S Global Note and/or the
Restricted Definitive Note and in the Indenture and the Securities
Act.

     

    
      
         

      

      
        B-1

        
          

        

      

      
         

      

    

     

    3.   ̈   Check and
complete if Transferee will take delivery of a beneficial interest in the IAI
Global Note or a Restricted Definitive Note pursuant to any provision of the
Securities Act other than Rule 144A or Regulation S.  The
Transfer is being effected in compliance with the transfer restrictions
applicable to beneficial interests in Restricted Global Notes and Restricted
Definitive Notes and pursuant to and in accordance with the Securities Act and
any applicable blue sky securities laws of any state of the United States, and
accordingly the Transferor hereby further certifies that (check
one):

     

    (a)            ̈   such
Transfer is being effected pursuant to and in accordance with Rule 144 under the
Securities Act;

     

    or

     

    (b)            ̈   such
Transfer is being effected to the Company or a subsidiary thereof;

     

    or

     

    (c)            ̈   such
Transfer is being effected pursuant to an effective registration statement under
the Securities Act and in compliance with the prospectus delivery requirements
of the Securities Act;

     

    or

     

    (d)            ̈   such
Transfer is being effected to an Institutional Accredited Investor and pursuant
to an exemption from the registration requirements of the Securities Act other
than Rule 144A, Rule 144, Rule 903 or Rule 904, and the Transferor hereby
further certifies that it has not engaged in any general solicitation within the
meaning of Regulation D under the Securities Act and the Transfer complies with
the transfer restrictions applicable to beneficial interests in a Restricted
Global Note or Restricted Definitive Notes and the requirements of the exemption
claimed, which certification is supported by (1) a certificate executed by the
Transferee in the form of Exhibit D to the Indenture and (2) if such Transfer is
in respect of a principal amount of Notes at the time of transfer of less than
$250,000, an Opinion of Counsel provided by the Transferor or the Transferee (a
copy of which the Transferor has attached to this certification), to the effect
that such Transfer is in compliance with the Securities Act.  Upon
consummation of the proposed transfer in accordance with the terms of the
Indenture, the transferred beneficial interest or Definitive Note will be
subject to the restrictions on transfer enumerated in the Private Placement
Legend printed on the IAI Global Note and/or the Restricted Definitive Notes and
in the Indenture and the Securities Act.

     

    4.   ̈   Check if
Transferee will take delivery of a beneficial interest in an Unrestricted Global
Note or of an Unrestricted Definitive Note.

     

    
      
         

      

      
        B-2

        
          

        

      

      
         

      

    

     

    (a)   ̈   Check if Transfer is pursuant to Rule
144.  (i) The Transfer is being effected pursuant to and in
accordance with Rule 144 under the Securities Act and in compliance with the
transfer restrictions contained in the Indenture and any applicable blue sky
securities laws of any state of the United States and (ii) the restrictions on
transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain compliance with the Securities
Act.  Upon consummation of the proposed Transfer in accordance with
the terms of the Indenture, the transferred beneficial interest or Definitive
Note will no longer be subject to the restrictions on transfer enumerated in the
Private Placement Legend printed on the Restricted Global Notes, on Restricted
Definitive Notes and in the Indenture.

     

    (b)   ̈   Check if Transfer is Pursuant to
Regulation S.  (i) The Transfer is being effected pursuant to
and in accordance with Rule 903 or Rule 904 under the Securities Act and in
compliance with the transfer restrictions contained in the Indenture and any
applicable blue sky securities laws of any state of the United States and (ii)
the restrictions on transfer contained in the Indenture and the Private
Placement Legend are not required in order to maintain compliance with the
Securities Act.  Upon consummation of the proposed Transfer in
accordance with the terms of the Indenture, the transferred beneficial interest
or Definitive Note will no longer be subject to the restrictions on transfer
enumerated in the Private Placement Legend printed on the Restricted Global
Notes, on Restricted Definitive Notes and in the Indenture.

     

    (c)   ̈   Check if Transfer is Pursuant to
Other Exemption.  (i) The Transfer is being effected pursuant
to and in compliance with an exemption from the registration requirements of the
Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with
the transfer restrictions contained in the Indenture and any applicable blue sky
securities laws of any State of the United States and (ii) the restrictions on
transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain compliance with the Securities
Act.  Upon consummation of the proposed Transfer in accordance with
the terms of the Indenture, the transferred beneficial interest or Definitive
Note will not be subject to the restrictions on transfer enumerated in the
Private Placement Legend printed on the Restricted Global Notes or Restricted
Definitive Notes and in the Indenture.

     

    This
certificate and the statements contained herein are made for your benefit and
the benefit of the Company.

     

    

                                     

    [Insert Name of
Transferor]

     

    

     

    

     

    

     

    By: ______________________________                                                                        

     

    Name:

    Title:

     

    Dated:  _______________________

     

    
      
        
          B-3||

        

         

      

      
         

        
          

        

      

      
         

      

    

    ANNEX A
TO CERTIFICATE OF TRANSFER

     

    1.           The
Transferor owns and proposes to transfer the following:

     

    [CHECK
ONE OF (a) OR (b)]

     

    (a)  ̈   a
beneficial interest in the:

     

    (i)           ̈   144A
Global Note (CUSIP _________), or

     

    (ii)           ̈   Regulation
S Global Note (CUSIP _________), or

     

    (iii)          ̈    IAI
Global Note (CUSIP _________); or

     

    (b)   ̈    a
Restricted Definitive Note.

     

    2.           After
the Transfer the Transferee will hold:

     

    [CHECK
ONE]

     

    (a)   ̈   a
beneficial interest in the:

     

    (i)           ̈   144A
Global Note (CUSIP _________), or

     

    (ii)           ̈   Regulation
S Global Note (CUSIP _________), or

     

    (iii)         ̈   IAI
Global Note (CUSIP _________); or

     

    (iv)          ̈   Unrestricted
Global Note (CUSIP _________); or

     

    (b)   ̈   a
Restricted Definitive Note; or

     

    (c)   ̈   an
Unrestricted Definitive Note,

     

    in
accordance with the terms of the Indenture.

     

    
      
        
          B-4

        

         

      

      
         

        
          

        

      

      
         

        
           EXHIBIT
C

        

      

    

    FORM OF
CERTIFICATE OF EXCHANGE

     

    Computer
Sciences Corporation

    2100 East
Grand Avenue

    El
Segundo, California 90245

    Attention:
Hayward D. Fisk

     

    The Bank
of New York Trust Company, N.A.

    700 South
Flower Street, Suite 500

    Los
Angeles, CA 90017

    

     

    
      	
               
      

            	
              Re:  [5.50% Senior Notes Due
      2013]

            

    

     

    
      	
               
      

            	
              [6.50% Senior Notes Due
      2018]

            

    

     

     (CUSIP
____________)

     

    Reference
is hereby made to the Indenture, dated as of March 3, 2008 (the “Indenture”), between Computer
Sciences Corporation, as issuer (the “Company”), and The Bank of
New York Trust Company, N.A., as trustee.  Capitalized terms used but
not defined herein shall have the meanings given to them in the
Indenture.

     

    __________________________,
(the “Owner”) owns and
proposes to exchange the [2013] [2018] Note[s] or interest in such [2013] [2018]
Note[s] specified herein, in the principal amount of $____________ in such
[2013] [2018] Note[s] or interests (the “Exchange”).  In
connection with the Exchange, the Owner hereby certifies that:

     

    1.           Exchange
of Restricted Definitive Notes or Beneficial Interests in a Restricted Global
Note for Unrestricted Definitive Notes or Beneficial Interests in an
Unrestricted Global Note

     

    (a)   ̈ Check if Exchange is from beneficial
interest in a Restricted Global Note to beneficial interest in an Unrestricted
Global Note.  In connection with the Exchange of the Owner’s
beneficial interest in a Restricted Global Note for a beneficial interest in an
Unrestricted Global Note in an equal principal amount, the Owner hereby
certifies (i) the beneficial interest is being acquired for the Owner’s own
account without transfer, (ii) such Exchange has been effected in compliance
with the transfer restrictions applicable to the Global Notes and pursuant to
and in accordance with the Securities Act of 1933, as amended (the “Securities Act”), (iii) the
restrictions on transfer contained in the Indenture and the Private Placement
Legend are not required in order to maintain compliance with the Securities Act
and (iv) the beneficial interest in an Unrestricted Global Note is being
acquired in compliance with any applicable blue sky securities laws of any state
of the United States.

     

    (b)   ̈ Check if Exchange is from beneficial
interest in a Restricted Global Note to Unrestricted Definitive
Note.  In connection with the Exchange of the Owner’s
beneficial interest in a Restricted Global Note for an Unrestricted Definitive
Note, the Owner hereby certifies (i) the Definitive Note is being acquired for
the Owner’s own account without transfer, (ii) such Exchange has been effected
in compliance with the transfer restrictions applicable to the Restricted Global
Notes and pursuant to and in accordance with the Securities Act, (iii) the
restrictions on transfer contained in the Indenture and the Private Placement
Legend are not required in order to maintain compliance with the Securities Act
and (iv) the Definitive Note is being acquired in compliance with any applicable
blue sky securities laws of any state of the United States.

     

    
      
         

      

      
        C-1

        
          

        

      

      
         

      

    

     

    (c)   ̈ Check if Exchange is from Restricted
Definitive Note to beneficial interest in an Unrestricted Global
Note.  In connection with the Owner’s Exchange of a Restricted
Definitive Note for a beneficial interest in an Unrestricted Global Note, the
Owner hereby certifies (i) the beneficial interest is being acquired for the
Owner’s own account without transfer, (ii) such Exchange has been effected in
compliance with the transfer restrictions applicable to Restricted Definitive
Notes and pursuant to and in accordance with the Securities Act, (iii) the
restrictions on transfer contained in the Indenture and the Private Placement
Legend are not required in order to maintain compliance with the Securities Act
and (iv) the beneficial interest is being acquired in compliance with any
applicable blue sky securities laws of any state of the United
States.

     

    (d)   ̈ Check if Exchange is from Restricted
Definitive Note to Unrestricted Definitive Note.  In connection
with the Owner’s Exchange of a Restricted Definitive Note for an Unrestricted
Definitive Note, the Owner hereby certifies (i) the Unrestricted Definitive Note
is being acquired for the Owner’s own account without transfer, (ii) such
Exchange has been effected in compliance with the transfer restrictions
applicable to Restricted Definitive Notes and pursuant to and in accordance with
the Securities Act, (iii) the restrictions on transfer contained in the
Indenture and the Private Placement Legend are not required in order to maintain
compliance with the Securities Act and (iv) the Unrestricted Definitive Note is
being acquired in compliance with any applicable blue sky securities laws of any
state of the United States.

     

    2.           Exchange
of Restricted Definitive Notes or Beneficial Interests in Restricted Global
Notes for Restricted Definitive Notes or Beneficial Interests in Restricted
Global Notes

     

    (a)   ̈ Check if Exchange is from beneficial
interest in a Restricted Global Note to Restricted Definitive
Note.  In connection with the Exchange of the Owner’s
beneficial interest in a Restricted Global Note for a Restricted Definitive Note
with an equal principal amount, the Owner hereby certifies that the Restricted
Definitive Note is being acquired for the Owner’s own account without
transfer.  Upon consummation of the proposed Exchange in accordance
with the terms of the Indenture, the Restricted Definitive Note issued will
continue to be subject to the restrictions on transfer enumerated in the Private
Placement Legend printed on the Restricted Definitive Note and in the Indenture
and the Securities Act.

     

    (b)   ̈ Check if Exchange is from Restricted
Definitive Note to beneficial interest in a Restricted Global
Note.  In connection with the Exchange of the Owner’s
Restricted Definitive Note for a beneficial interest in the [CHECK ONE]  ̈ 144A Global Note,  ̈ Regulation S Global
Note,   ̈
IAI Global Note with an equal principal amount, the Owner hereby certifies (i)
the beneficial interest is being acquired for the Owner’s own account without
transfer and (ii) such Exchange has been effected in compliance with the
transfer restrictions applicable to the Restricted Global Notes and pursuant to
and in accordance with the Securities Act, and in compliance with any applicable
blue sky securities laws of any state of the United States.  Upon
consummation of the proposed Exchange in accordance with the terms of the
Indenture, the beneficial interest issued will be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the relevant
Restricted Global Note and in the Indenture and the Securities Act.

     

    
      
         

      

      
        C-2

        
          

        

      

      
         

      

    

     

    This
certificate and the statements contained herein are made for your benefit and
the benefit of the Company.

     

    

     

    [Insert Name of
Transferor]

     

    

     

    

     

    

     

    By:                                                                   

     

      Name:

      Title:

     

    Dated:  ______________________

     

    
      
        
          C-3

        

         

      

      
         

        
          

        

      

      
         

        
           EXHIBIT
D

        

      

    

    FORM OF
CERTIFICATE FROM

     

    ACQUIRING
INSTITUTIONAL ACCREDITED INVESTOR

     

    Computer
Sciences Corporation

    2100 East
Grand Avenue

    El
Segundo, California 90245

    Attention:
Hayward D. Fisk

     

    The Bank
of New York Trust Company, N.A.

    700 South
Flower Street, Suite 500

    Los
Angeles, CA 90017

    

     

    
      	
               
      

            	
              Re:  [5.50% Senior Notes Due
      2013]

            

    

     

    
      	
               
      

            	
              [6.50% Senior Notes Due
      2018]

            

    

     

    Reference
is hereby made to the Indenture, dated as of March 3, 2008 (the “Indenture”), between Computer
Sciences Corporation, as issuer (the “Company”), and The Bank of
New York Trust Company, N.A., as trustee.  Capitalized terms used but
not defined herein shall have the meanings given to them in the
Indenture.

     

    In
connection with our proposed purchase of $____________ aggregate principal
amount of:

     

    (a)   ̈ a beneficial interest
in a Global Note, or

     

    (b)   ̈ a Definitive
Note,

     

    we
confirm that:

     

    1.           We
understand that any subsequent transfer of the [2013] [2018] Notes or any
interest therein is subject to certain restrictions and conditions set forth in
the Indenture and the undersigned agrees to be bound by, and not to resell,
pledge or otherwise transfer the [2013] [2018] Notes or any interest therein
except in compliance with, such restrictions and conditions and the Securities
Act of 1933, as amended (the “Securities
Act”).

     

    2.           We
understand that the offer and sale of the [2013] [2018] Notes have not been
registered under the Securities Act, and that the [2013] [2018] Notes and any
interest therein may not be offered or sold except as permitted in the following
sentence.  We agree, on our own behalf and on behalf of any accounts
for which we are acting as hereinafter stated, that if we should sell the [2013]
[2018] Notes or any interest therein, we will do so only (A) to the Company or
any subsidiary thereof, (B) in accordance with Rule 144A under the Securities
Act to a “qualified institutional buyer” (as defined therein), (C) to an
institutional “accredited investor” (as defined below) that, prior to such
transfer, furnishes (or has furnished on its behalf by a U.S. broker-dealer) to
you and to the Company a signed letter substantially in the form of this letter
and, if such transfer is in respect of a principal amount of [2013] [2018]
Notes, at the time of transfer of less than $250,000, an Opinion of Counsel in
form reasonably acceptable to the Company to the effect that such transfer is in
compliance with the Securities Act, (D) outside the United States in accordance
with Rule 904 of Regulation S under the Securities Act, (E) pursuant to the
provisions of Rule 144(k) under the Securities Act or (F) pursuant to an
effective registration statement under the Securities Act, and we further agree
to provide to any Person purchasing the Definitive Note or beneficial interest
in a Global Note from us in a transaction meeting the requirements of clauses
(A) through (E) of this paragraph a notice advising such purchaser that resales
thereof are restricted as stated herein.

     

    
      
         

      

      
        D-1

        
          

        

      

      
         

      

    

     

    3.           We
understand that, on any proposed resale of the [2013] [2018] Notes or beneficial
interest therein, we will be required to furnish to you and the Company such
certifications, legal opinions and other information as you and the Company may
reasonably require to confirm that the proposed sale complies with the foregoing
restrictions.  We further understand that the [2013] [2018] Notes
purchased by us will bear a legend to the foregoing effect.

     

    4.           We
are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2),
(3) or (7) of Regulation D under the Securities Act) and have such knowledge and
experience in financial and business matters as to be capable of evaluating the
merits and risks of our investment in the Notes, and we and any accounts for
which we are acting are each able to bear the economic risk of our or its
investment.

     

    5.           We
are acquiring the [2013] [2018] Notes or beneficial interest therein purchased
by us for our own account or for one or more accounts (each of which is an
institutional “accredited investor”) as to each of which we exercise sole
investment discretion.

     

    You and
the Company are entitled to rely upon this letter and are irrevocably authorized
to produce this letter or a copy hereof to any interested party in any
administrative or legal proceedings or official inquiry with respect to the
matters covered hereby.

     

    

     

    [Insert Name of Accredited
Investor]

     

    

     

    

     

    By:

     

    Name:

     

    Title:

     

    Dated:  _______________________

     

    

    
      
        
          D-2|

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