Document:

Exhibit 10.1

 

THESE SECURITIES HAVE NOT BEEN REGISTERED
UNDER ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED OR DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER ANY APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL SATISFACTORY TO COUNSEL TO THE MAKER THAT AN EXEMPTION
FROM REGISTRATION UNDER ANY APPLICABLE STATE SECURITIES LAWS IS AVAILABLE.

 

THIS NOTE IS ONE OF A SERIES OF CONVERTIBLE
NOTES OF THE SAME TERMS AND TENOR THAT MAY BE ISSUED BY MAKER UP TO AN AGGREGATE OF $2,500,000.

 

Boxscore
Brands, Inc.

 

convertible
PROMISSORY NOTE (the “Note”)

 

	$75,000.00	Date:  January 14, 2021

 

FOR VALUE RECEIVED,
the undersigned Maker, BoxScore Brands, Inc,. a Delaware corporation (the “Maker” or the “Company”),
promises to pay to the order of _Cobrador Multi Strategy Partners, LP _entity, (the “Holder”), the principal
sum of _Seventy Five Thousand Dollars (US) ($75,000.00) (the “Principal Amount”). Interest on the Note may be paid
in cash or in shares of Common Stock (such amount to be converted at the Conversion Price (as defined below)). If interest on the
Note is paid in cash, it will accrue at nine and a half (9.5%) percent per annum, compounding annually and computed on the basis
of a 365-day year, on any outstanding balance on the Note, subject to adjustment as provided in the Note. If interest on the Note
is paid in shares of Common Stock, it will accrue at fifteen (15%) percent per annum, compounding annually and computed on the
basis of a 365-day year, on any outstanding balance on the Note, subject to adjustment as provided in the Note. It shall be the
Buyer’s option whether interest on the Note is paid in cash or in shares of Common Stock. Furthermore, if the Company is
delinquent by more than 10 days in filing any filings or other documents required to be filed by the Securities Act of 1933 or
the Securities Exchange Act of 1934, and in each case the rules and regulations promulgated thereunder, interest on the Note shall
increase to fifteen (15%) percent per annum, compounding annually and computed on the basis of a 365-day year. Capitalized terms
used by not defined herein shall have the meanings ascribed to them in that certain Securities Purchase Agreement, dated as of
the date hereof, by and among the Company and each Buyer (as defined therein) party thereto.

 

On the Maturity Date
(defined as 730 days from the date of the Note) the Principal Amount plus accrued interest shall be payable. On the Maturity Date,
the Holder shall have the option of receiving the Principal Amount plus accrued interest (or any portion not previously converted)
in cash or shares of Common Stock at a conversion price of $0.05 per share (the “Conversion Price”). In addition, upon
the date which shall be commence within ten (10) days after satisfaction of a Rule 144 Holding Period (the “144 Date”),
for each period that shares of Common Stock trade a dollar volume equal to at least $25,000 per day (such volume hereinafter referred
to as the “Applicable Float”) and the share price is greater than or equal to 250% of the Conversion Price for twenty
(20) consecutive trading days (the “Measurement Period”), the Maker shall have the right to mandatorily convert a portion
the Note into shares of Common Stock (the “Automatic Conversion”). Such portion of the Note that the Maker may convert
pursuant to the preceding sentence shall equal up to 20% of the average Float per day, as calculated and averaged over the total
number of days of the applicable Measurement Period.

 

     

     

    

 

If and whenever on
or after the date of the Note, the Company issues or sells, or is deemed to have issued or sold, any shares of Common Stock (including
the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common
Stock deemed to have been issued by the Company in connection with any Excluded Securities (the “Additional Shares”)
for a consideration per share (the “New Issuance Price”) less than a price equal to the Conversion Price in effect
immediately prior to such issue or sale or deemed issuance or sale (the foregoing a “Dilutive Issuance”), then immediately
after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to the New Issuance Price.

 

Notwithstanding anything
to the contrary contained in this Note, this Note shall not be convertible by the Holder hereof, and the Company shall not affect
any conversion of this Note or otherwise issue any shares of Common Stock pursuant hereto, to the extent (but only to the extent)
that after giving effect to such conversion or other share issuance hereunder the Holder or any of its affiliates would beneficially
own in excess of 4.99% (the “Maximum Percentage”) of the Common Stock. To the extent the above limitation applies,
the determination of whether this Note shall be convertible (vis-à-vis other convertible, exercisable or exchangeable securities
owned by the Holder or any of its affiliates) and of which such securities shall be convertible, exercisable or exchangeable (as
among all such securities owned by the Holder and its affiliates) shall, subject to such Maximum Percentage limitation, be determined
on the basis of the first submission to the Company for conversion, exercise or exchange (as the case may be). No prior inability
to convert this Note, or to issue shares of Common Stock, pursuant to this paragraph shall have any effect on the applicability
of the provisions of this paragraph with respect to any subsequent determination of convertibility. For purposes of this paragraph,
beneficial ownership and all determinations and calculations (including, without limitation, with respect to calculations of percentage
ownership) shall be determined in accordance with Section 13(d) of the Securities and Exchange Act of 1934, as amended, and the
rules and regulations promulgated thereunder. The provisions of this paragraph shall be implemented in a manner otherwise than
in strict conformity with the terms of this paragraph to correct this paragraph (or any portion hereof) which may be defective
or inconsistent with the intended Maximum Percentage beneficial ownership limitation herein contained or to make changes or supplements
necessary or desirable to properly give effect to such Maximum Percentage limitation. The limitations contained in this paragraph
shall apply to a successor Holder of this Note. For any reason at any time, upon the written or oral request of the Holder, the
Company shall within one (1) Business Day confirm orally and in writing to the Holder the number of shares of Common Stock then
outstanding, including by virtue of any prior conversion or exercise of convertible or exercisable securities into shares of Common
Stock, including, without limitation, pursuant to this Note or securities otherwise issued. By written notice to the Company, any
Holder may increase or decrease the Maximum Percentage to any other percentage specified in such notice; provided that (i) any
such increase will not be effective until the 61st day after such notice is delivered to the Company, and (ii) any such increase
or decrease will apply only to the Holder sending such notice and not to any other holder of Notes.

 

    2

     

    

 

On the day after the
date that is 365 days from the date of the Note, the Company shall have the option to prepay, in whole or in part, the Note; provided,
however, that if the Company elects to prepay any or all of the outstanding balance of the Note in accordance with the foregoing,
the Holder shall have the right to either (i) require the Company to pay in cash the outstanding balance of the Note, together
with any accrued and unpaid interest thereon (accruing at a rate of interest equal to nine and a half (9.5%) percent per annum,
compounding annually and computed on the basis of a 365-day year), or (ii) convert the outstanding balance of the Note, together
with any accrued and unpaid interest thereon (accruing at a rate of interest equal to fifteen (15%) percent per annum, compounding
annually and computed on the basis of a 365-day year), into shares of Common Stock at the Conversion Price. Other than in strict
compliance with the foregoing, the Maker may not prepay this Note in whole or in part without the Holder’s consent in writing
to such prepayment. Unless the equity securities upon conversion are covered by an effective registration statement, such equity
securities shall be “restricted securities” as that term is defined in the Securities Act of 1933, as amended. The
certificate representing such equity securities shall bear the following or a similar legend:

 

“These securities have not
been registered under the Securities Act of 1933, as amended, or any state securities laws and may not be sold or otherwise transferred
or disposed of except pursuant to an effective registration statement under any applicable federal and state securities laws, or
an opinion of counsel satisfactory to counsel to the corporation that an exemption from registration is available.”

 

Maker will be in default
if any of the following happens: (a) Maker fails to make any payment within ten (10) days of when due or (b) Maker fails to perform
at the time and in the manner provided in this Note or any agreement related to this Note.

 

Upon default, Holder
may declare the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, without notice, and
then Maker will pay that amount. Upon default, including failure to pay any payment within ten (10) days of when due or upon the
final maturity, whichever occurs first, Holder, at its option, may also if permitted under applicable law, do one or both of the
following: (a) increase the interest rate on this Note to 18%, and (b) add any unpaid accrued interest to principal and such sum
will bear interest therefrom until paid at the rate provided in this Note (including any increased rate). If Maker is in default,
Maker also will pay reasonable costs and expenses of collection including, subject to any limits under applicable law, Holder’s
reasonable attorney's fees and legal expenses whether or not there is a lawsuit. If not prohibited by applicable law, Maker also
will pay any court costs, in addition to all other sums provided by law.

 

This Note shall be
senior secured indebtedness of the Company (senior to any unsecured or junior indebtedness of the Company), secured by a priority
lien on all assets of the Maker and shall be pari passu with any other senior secured indebtedness of the Company. The Note may
only be subordinated to any indebtedness the Maker incurs to banks, financial institutions, and/or institutions or non-commercial
lenders; and further provided that, upon conversion of this Note into shares of Common Stock, the Conversion Shares held by Investors
will bear no interest, will be unsecured, and will be subordinate in liquidation preference to: (i) any indebtedness the Maker
incurs to banks, financial institutions and/or commercial or non-commercial lenders; and (ii) any preferred class(es)/series of
securities authorized and issued by the Maker subsequent to the date of this Offering. As of the date of this Offering, the Maker
has not authorized or issued any preferred class(es)/series of securities.

 

    3

     

    

 

No delay or omission
on the part of Holder in the exercise of any right hereunder shall operate as a waiver of such right or of any other right under
this Note. A waiver by Holder of any right or remedy conferred to it hereunder on any one occasion shall not be construed as a
bar to, or waiver of, any such right and/or remedy as to any future occasion. Maker and all persons now or hereafter becoming obligated
or liable for the payment hereof do jointly and severally waive demand, notice of non-payment, protest, notice of dishonor and
presentment. No failure to accelerate the indebtedness evidenced hereby by reason of default hereunder, acceptance of a past-due
installment or other indulgences granted from time to time, shall be construed as a novation of this Note or as a waiver of such
right of acceleration or of the right of Holder thereafter to insist upon strict compliance with the terms of this Note or to prevent
the exercise of such right of acceleration or any other right granted hereunder or by applicable law.

 

No Maker intends or
expects to pay, nor does Holder intend or expect to charge, collect or accept, any interest greater than the highest legal rate
of interest which may be charged under any applicable law. Should the acceleration hereof or any charges made hereunder result
in the computation or earning of interest in excess of such legal rate, any and all such excess shall be and the same is hereby
waived by Holder, and any such excess shall be credited by Holder to the principal balance hereof.

 

This Note shall be
construed and enforced according to the laws of the State of Delaware excluding all principles of choice of laws, conflict of laws
or comity. Each person now or hereafter becoming obligated for the payment of the indebtedness evidenced hereby consents to personal
jurisdiction and venue in Las Vegas, NV, in the event of any litigation in any way arising out of this Note, or any property given
as security for the amounts evidenced by this Note.

 

This Note shall be
binding on the successors and assigns of Maker. Maker may not assign this Note without the written consent of Holder. This Note
shall inure to the benefit of the Holder’s successors, assigns, heirs or personal representatives. The term “Holder”
used herein shall include any future holder of this Note. The terms of this Note may not be changed orally.

 

Whenever possible each
provision of this Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision
of this Note shall be prohibited or invalid under such law, such provision shall be ineffective to the extent of such prohibition
or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Note.

 

	 	MAKER:
	 	 
	 	bOXsCORE bRANDS, INC.,
	 	a Delaware corporation

 

	 	By:	/s/ Andrew Boutsikakis
	 	 	Andrew Boutsikakis, 

Chief Executive Officer

 

 

4EX-4.2

 Exhibit 4.2 

BERKSHIRE HATHAWAY INC. 

OFFICERS’ CERTIFICATE 

ESTABLISHING TERMS OF 0.500% SENIOR NOTES DUE 2041 

January 15, 2021 
 The
undersigned, Marc D. Hamburg and Robert P. Reeson, do hereby certify pursuant to Section 3.01 of that certain Indenture, dated as of January 26, 2016 (the “Indenture”), among Berkshire Hathaway Inc. (the
“Company”), Berkshire Hathaway Finance Corporation and The Bank of New York Mellon Trust Company, N.A., as trustee, that: 

1. They are (i) the Senior Vice President and Chief Financial Officer and (ii) the Assistant Secretary, respectively, of the
Company. 
 2. As such officers, they are authorized to execute and deliver this Officers’ Certificate on behalf of the Company. 

3. Attached hereto as Annex A is a true and correct copy of a specimen note representing the Company’s 0.500% Senior Notes due
2041 (the “Notes”). 
 4. The Notes are a separate series of Securities under the Indenture. The form of Notes attached
hereto as Annex A is incorporated herein by reference. 
 5. The title of the Notes shall be the “0.500% Senior Notes due
2041.” The Notes will be the Company’s unsecured senior obligations, will rank pari passu in right of payment with all of the Company’s unsubordinated, unsecured indebtedness and will be senior in right of payment to all of the
Company’s subordinated indebtedness. 
 6. The Notes shall be issued at the initial offering price of 97.269% of the principal amount
thereof. 
 7. The Company will initially issue €600,000,000 aggregate principal amount of Notes. The Company may issue additional
Notes from time to time after the date hereof, and such Notes will be treated as part of the same series of Notes for all purposes under the Indenture. 

8. The principal amount of the Notes will mature on January 15, 2041. 

9. The Notes are issuable in minimum denominations of €100,000 and integral multiples of €1,000 in excess thereof. 

10. Interest on the Notes will be computed on the basis of the actual number of days in the period for which interest is being calculated and
the actual number of days from and including the last date on which interest was paid on the Notes (or January 15, 2021 if no interest has been paid on the Notes), to but excluding the next scheduled interest payment date. This payment
convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. 

  
 -1- 

 11. The Notes will bear interest from January 15, 2021 at the rate of 0.500% per annum,
payable annually in arrears on January 15 of each year, commencing January 15, 2022, to the holders of record of the Notes at the close of business on the preceding January 1 (whether or not a Business Day), or if the Notes are
represented by one or more global securities, the close of business on the business day (for this purpose a day on which Euroclear Bank S.A/N.V. (“Euroclear”) and Clearstream Banking,
société anonyme (“Clearstream”) are open for business) immediately preceding the interest payment date. 

12. Payment of the principal of and premium, if any, and interest on the Notes will be made at the office or agency of the Company maintained
for that purpose in the City of London, England, which shall be initially the corporate trust office of The Bank of New York Mellon, London Branch, located at One Canada Square, London E14 5AL; provided, however, that at the option of
the Company payments of principal, premium or interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register, subject to surrender at such office or agency, in the case of
payments of principal or premium. 
 13. All payments of interest and principal on the Notes, including payments made upon any redemption of
the Notes, will be made in euro. If the euro is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond the Company’s control or if the euro is no longer being used by the then member states of the
European Monetary Union that have adopted the euro as their currency or for the settlement of transactions by public institutions of or within the international banking community, then all payments in respect of the Notes will be made in United
States dollars until the euro is again available to the Company or so used. The amount payable on any date in euro will be converted into U.S. dollars at the rate mandated by the U.S. Federal Reserve Board as of the close of business on the second
Business Day prior to the relevant payment date or, in the event the U.S. Federal Reserve Board has not mandated a rate of conversion, on the basis of the most recent U.S. dollar/euro exchange rate published in The Wall Street Journal on or prior to
the second Business Day prior to the relevant payment date (in each case, the “Market Exchange Rate”). The Market Exchange Rate most recently available on, or prior to, the second Business Day before the relevant determination date
will be the basis for determining the equivalent of euro in the currency of the United States of America for any purpose under the Indenture, including for purposes of the definition of “Outstanding” in Section 1.01(f) of the
Indenture. Any payment in respect of the Notes so made in U.S. dollars will not constitute an Event of Default under the Notes or the Indenture. Neither the Trustee nor the Paying Agent shall have any responsibility for any calculation or conversion
in connection with the foregoing. 
 14. The Notes will initially be issued in the form of one or more Global Securities and registered in
the name of the nominee of the common depositary for the accounts of Clearstream and Euroclear. The Bank of New York Mellon, London Branch shall initially serve as the Depositary for such Global Securities. 

15. The Paying Agent for the Notes will be The Bank of New York Mellon, London Branch. Notwithstanding the foregoing, upon notice to the
Trustee, the Company may change the Paying Agent. 

  
 -2- 

 16. The Notes shall be defeasible in whole or in part pursuant to the terms of the
Indenture, including, without limitation, Section 13.02 and Section 13.03 of the Indenture. 
 17. The Company will be obligated
to pay additional amounts on the Notes as described under the heading “Payment of Additional Amounts” in the form of the Notes incorporated herein by reference (such amounts, the “Additional Amounts”). 

At least 10 days prior to the first Interest Payment Date and at least 10 days prior to each date of payment of principal or interest on the
Notes if there has been a change with respect to the matters set forth in the below-mentioned Officers’ Certificate last delivered to the Trustee and the principal Paying Agent, if other than the Trustee, the Company shall furnish to the
Trustee and the principal Paying Agent, if other than the Trustee, an Officers’ Certificate instructing the Trustee and such Paying Agent whether such payment of principal or interest on the Notes shall be made to Holders without withholding or
deduction for or on account of any taxes described under the heading “Payment of Additional Amounts” in the form of the Notes incorporated herein by reference. If any such withholding or deduction shall be required, then such
Officers’ Certificate shall specify by country the amount, if any, required to be withheld or deducted on such payments to such Holders and shall certify the fact that Additional Amounts will be payable and the amounts so payable to each
Holder, and the Company shall pay to the Trustee or such Paying Agent such Additional Amounts required to be paid under the Notes. 

Whenever in the Notes there is mentioned, in any context, the payment of the principal of or any premium, interest or any other amounts on, or
in respect of, the Notes, such mention shall be deemed to include mention of the payment of Additional Amounts to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof pursuant to the terms hereof, and
express mention of the payment of Additional Amounts in any provision of the Notes shall not be construed as excluding the payment of Additional Amounts in those provisions thereof where such express mention is not made. 

18. The Notes may be redeemed in whole or in part pursuant to the terms set forth in the form of the Notes incorporated herein by reference.
Notwithstanding Section 11.04 of the Indenture, notice of any “make-whole” redemption need not set forth the Redemption Price, but only the manner of calculation thereof. The Company shall give the Trustee notice of such Redemption
Price promptly after the calculation thereof and the Trustee shall have no responsibility for such calculation. Prior to the giving of any notice of redemption with respect to a redemption arising from the payment of Additional Amounts, the Company
shall deliver to the Trustee an Officers’ Certificate to the effect that all conditions precedent provided for in the Indenture to such redemption have been complied with. 

19. The Note and the authentication pages to the Note may be executed in any number of counterparts, each of which shall be deemed an
original, but all of which shall constitute one and the same instrument. The Trustee may authenticate the Note by manual, facsimile or electronic signature. Electronically imaged signatures such as .pdf files, faxed signatures or other electronic
signatures to the Note and the authentication pages to the Note shall have the same effect as original signatures. 

  
 -3- 

 All capitalized terms used herein and not otherwise defined shall have the meanings given
such terms in the Indenture. 
 [Remainder of page intentionally left blank.] 

  
 -4- 

 IN WITNESS WHEREOF, this Officers’ Certificate has been executed by the undersigned as
of date first written above. 
  

			
	 /s/ Marc D. Hamburg

	Name:	 	Marc D. Hamburg
	Title:	 	Senior Vice President and Chief Financial Officer

  

			
	 /s/ Robert P. Reeson

	Name:	 	Robert P. Reeson
	Title:	 	Assistant Secretary

  
 [BRK Officers’
Certificate Establishing Terms of 0.500% Senior Notes due 2041 (EUR)] 

 ANNEX A 

SPECIMEN OF NOTE 

 0.500% Senior Notes due 2041 

CERTIFICATE OF AUTHENTICATION 
 This is one of the
Securities of the series designated therein referred to in the within-mentioned Indenture. 
  

							
		 	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. 
as Trustee,
				
		 		 	By:	 	  

		 		 		 	 Name:

		 		 		 	Title:
				
	Dated: January 15, 2021	 		 		 	

 THIS DEBT SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS
REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS DEBT SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS DEBT SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY
PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 
 UNLESS THIS CERTIFICATE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”), AND CLEARSTREAM BANKING, SOCIÉTÉ ANONYME, LUXEMBOURG (“CLEARSTREAM” AND, TOGETHER WITH
EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO BERKSHIRE HATHAWAY INC. OR ITS AGENT FOR REGISTRATION OR TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR
IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF
EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, HAS AN INTEREST HEREIN. 

 BERKSHIRE HATHAWAY INC. 

************************** 

0.500% Senior Notes due 2041 

CUSIP: 084670 CT3 

ISIN: XS2280780771 

COMMON CODE: 228078077 
  

			
	No.	  	€            
		  	(as revised by the Schedule of Increases and Decreases in Global Security attached hereto)

 BERKSHIRE HATHAWAY INC., a corporation duly organized and existing under the laws of the State of Delaware
(herein called the “Company”, which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to The Bank of New York Depository (Nominees) Limited, the registered Holder
hereof, as nominee of The Bank of New York Mellon, London Branch as common depositary for Euroclear Bank, S.A./N.V. (“Euroclear”) and Clearstream Banking, société anonyme (“Clearstream”), the principal sum of
                 Euros (€                ) (as
revised by the Schedule of Increases and Decreases in Global Security attached hereto) on January 15, 2041, and to pay interest thereon from and including January 15, 2021 or from and including the most recent Interest Payment Date (as
defined below) to which interest has been paid or duly provided for, annually on January 15 in each year, commencing January 15, 2022 (each an “Interest Payment Date”), at the rate of 0.500% per annum (as adjusted, if at all,
pursuant to such Indenture, the “Interest Rate”), until the principal hereof is paid or made available for payment; provided that any principal, and any such installment of interest, which is overdue shall bear interest at the
Interest Rate (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand. Interest on the Debt
Securities of this series will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date on which interest was paid on the Debt
Securities of this series (or January 15, 2021 if no interest has been paid on the Debt Securities of this series), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as
defined in the rulebook of the International Capital Market Association. 
 The interest so payable, and punctually paid or duly provided
for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Debt Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date (whether or not a
Business Day) for such interest. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Debt Security (or one
or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Debt Securities of this series not
less than 10 days prior to such Special 

 
Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Debt Securities of this series may be listed, and
upon such notice as may be required by such exchange, all as more fully provided in such Indenture. 
 “Business Day” means any
day, other than a Saturday or Sunday, that is not a day on which banking institutions in the Borough of Manhattan, The City of New York or London are authorized or required by law, regulation or executive order to close and that is a day on which
the Trans-European Automated Real-time Gross Settlement Express Transfer System (the TARGET2 system), or any successor thereto, operates. 

“Regular Record Date” means, with respect to any Interest Payment Date, the January 1 (whether or not a Business Day) or, if
this Debt Security is represented by one or more Global Securities, the close of business on the business day (for this purpose a day on which Clearstream and Euroclear are open for business), in each case, immediately preceding such Interest
Payment Date. 
 Payment of the principal of and premium, if any, and interest on this Debt Security will be made at the office or agency of
the Company maintained for that purpose in the City of London, England, which shall be initially the corporate trust office of The Bank of New York Mellon, London Branch, located at One Canada Square, London E14 5AL; provided, however, that
at the option of the Company payments of principal, premium or interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register, subject to surrender at such office or agency,
in the case of payments of principal or premium. 
 All payments on this Debt Security will be made in euro; provided, that if on or
after January 5, 2021, the euro is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond the Company’s control or if the euro is no longer being used by the then member states of the European
Monetary Union that have adopted the euro as their currency or for the settlement of transactions by public institutions of or within the international banking community, then all payments in respect of this Debt Security will be made in U.S.
dollars until the euro is again available to the Company or so used. The amount payable on any date in euro will be converted into U.S. dollars at the rate mandated by the U.S. Federal Reserve Board as of the close of business on the second Business
Day prior to the relevant payment date or, in the event the U.S. Federal Reserve Board has not mandated a rate of conversion, on the basis of the most recent U.S. dollar/euro exchange rate published in The Wall Street Journal on or prior to the
second Business Day prior to the relevant payment date. Any payment in respect of this Debt Security so made in U.S. dollars will not constitute an Event of Default with respect to the Debt Securities of this series or under the Indenture governing
the Debt Securities. Neither the Trustee nor the Paying Agent shall have any responsibility for any calculation or conversion in connection with the foregoing. 

“euro” and “€” means the lawful currency of the member states of the European Monetary Union that have adopted or
that adopt the single currency in accordance with the treaty establishing the European Community, as amended by the Treaty on European Union. 

Reference is hereby made to the further provisions of this Debt Security set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual, facsimile or electronic signature, this Debt Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

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

 

									
	Dated: January 15, 2021	 		 	BERKSHIRE HATHAWAY INC.
					
		 		 		 	By:	 	  

		 		 		 	Name:	 	Marc D. Hamburg
		 		 		 	Title:	 	Senior Vice President and Chief Financial Officer
					
	Attest:	 		 		 		 	
				
	  
	 		 		 	
	Name:	 	 Robert P. Reeson
	 		 		 	
	Title:	 	 Assistant Secretary
	 		 		 	

 [REVERSE OF DEBT SECURITY] 

This Debt Security is one of a duly authorized series of notes of the Company (herein called the “Debt Securities”), issued and to
be issued in one or more series under an Indenture, dated as of January 26, 2016 (herein called the “Base Indenture”, and as supplemented by the Officers’ Certificate dated January 15, 2021 with respect to this Debt
Security, together with the Base Indenture, called the “Indenture”), among the Company, as issuer, Berkshire Hathaway Finance Corporation, and The Bank of New York Mellon Trust Company, N.A., as Trustee (herein called the
“Trustee”, which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the
Trustee and the Holders of the Debt Securities and of the terms upon which the Debt Securities are, and are to be, authenticated and delivered. This Debt Security is one of the series designated on the face hereof, initially limited in aggregate
principal amount to €600,000,000. The Company may at any time issue additional securities under the Indenture in unlimited amounts having the same terms as the Debt Securities of a series, provided that no additional securities of a series may
be issued if at the time of issuance an Event of Default has occurred and is continuing with respect to such series of securities. 
 This
Debt Security does not have the benefit of any sinking fund obligation. 
 This Debt Security may be redeemed, in whole or in part, at the
option of the Company, at any time prior to July 15, 2040, at a redemption price equal to the greater of (A) 100% of the principal amount to be redeemed or (B) the sum of the present values of the Remaining Scheduled Payments of principal
and interest on the portion of this Debt Security being redeemed that would be due if the Debt Security matured on July 15, 2040, not including any portion of such payments of interest accrued as of the date fixed for redemption, discounted to
the date fixed for redemption on an annual basis (ACTUAL/ACTUAL (ICMA)), at the Comparable Government Bond Rate plus fifteen (15) basis points, plus accrued and unpaid interest on the portion of this Debt Security being redeemed to, but
excluding, the date fixed for redemption. 
 This Debt Security may be redeemed, in whole or in part, at the option of the Company any time
on or after July 15, 2040, at a redemption price equal to 100% of the principal amount to be redeemed, plus accrued and unpaid interest on the portion of this Debt Security being redeemed to, but excluding, the date fixed for redemption. 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States
(or any political subdivision of or taxing authority in the United States), or any change in, or amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings (including a holding by a court of
competent jurisdiction in the United States), which change or amendment is announced or becomes effective on or after January 5, 2021, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, there is
a substantial probability that the Company will become, obligated to pay additional amounts as described under the heading “Payment of Additional Amounts,” below, with respect to the Debt Securities, then the Company may at any time at its
option redeem the Debt Securities, in whole but not in part, at a redemption price equal to 100% of their principal amount, together with accrued and unpaid interest on the Debt Securities being redeemed to, but excluding, the date fixed for
redemption. 
 “Comparable Government Bond” means in relation to any Comparable Government Bond Rate calculation, at the
discretion of an independent investment bank selected by the Company, a German government bond whose maturity is closest to the maturity of the Debt Securities of this series being redeemed or if such independent investment bank in its discretion
determines that such similar bond is not in issue, such other German government bond as such 

 
independent investment bank may, with the advice of three brokers of, and/or market makers in, German government bonds selected by the Company, determine to be appropriate for determining the
Comparable Government Bond Rate. 
 “Comparable Government Bond Rate” means the price, expressed as a percentage (rounded to three
decimal places, with 0.0005 being rounded up to 0.001), at which the gross redemption yield on the Debt Securities of this series, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would be
equal to the gross redemption yield on such Business Day of the Comparable Government Bond on the basis of the middle market price of the Comparable Government Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by an
independent investment bank selected by the Company. 
 “Remaining Scheduled Payments” means, with respect to any Debt Security of
this series, the remaining scheduled payments of the principal thereof to be redeemed and interest thereon that would be due after the related Redemption Date but for such redemption; provided, however, that, if such Redemption Date is
not an Interest Payment Date with respect to such Debt Security, the amount of the next scheduled interest payment thereon will be reduced (solely for the purpose of this calculation) by the amount of interest accrued thereon to such Redemption
Date. 
 The Company must give the Holders of this Debt Security notice, as provided in the Indenture, of any redemption of this Debt
Security not less than 10 days or more than 60 days before the date fixed for redemption. If the Company elects to redeem fewer than all the Debt Securities of this series, the Trustee will select the particular Debt Securities of this series to be
redeemed by such method that the Trustee deems fair and appropriate; provided, that if the Debt Securities of this series are represented by one or more Global Securities, beneficial interests therein shall be selected for redemption by
Clearstream and Euroclear in accordance with their respective applicable procedures therefor; provided further, that no Debt Securities of this series of a principal amount of €100,000 or less shall be redeemed in part. 

In the event of redemption of this Debt Security in part only, a new Debt Security or Debt Securities of this series and of like tenor for the
unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof. 
 The Indenture contains provisions
for defeasance at any time of the entire Indebtedness of this Debt Security or of certain restrictive covenants and Events of Default with respect to this Debt Security, in each case upon compliance with certain conditions set forth in the
Indenture. 
 If an Event of Default with respect to the Debt Securities of this series shall occur and be continuing, the principal of the
Debt Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture
permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Debt Securities of each series to be affected under the Indenture at
any time by the Company and the Trustee with the consent of the Holders of not less than a majority in principal amount of the Debt Securities at the time Outstanding of each series to be affected (voting together as a single class). The Indenture
also contains provisions permitting the Holders of specified percentages in principal amount of the Debt Securities of each series at the time Outstanding, on behalf of the Holders of all Debt Securities of such series, to waive compliance by the
Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Debt Security shall be conclusive and binding upon such Holder and upon all
future Holders of this 

 
Debt Security and of any Debt Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon
this Debt Security. 
 As provided in and subject to the provisions of the Indenture, the Holder of this Debt Security shall not have the
right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of
Default with respect to the Debt Securities of this series, the Holders of at least 25% in principal amount of the Debt Securities of this series at the time Outstanding shall have made written request to the Trustee to institute proceedings in
respect of such Event of Default as Trustee and offered the Trustee indemnity or security reasonably satisfactory to it, and the Trustee shall not have received from the Holders of a majority in principal amount of Debt Securities of this series at
the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Debt Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

No reference herein to the Indenture and no provision of this Debt Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of and any interest on this Debt Security at the times, place and rate, and in the coin or currency, herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Debt Security is registrable in the
Security Register, upon surrender of this Debt Security for registration of transfer at the office or agency of the Company in any place where the principal of and any premium and interest on this Debt Security are payable, duly endorsed by, or
accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or the Holder’s attorney duly authorized in writing, and thereupon one or more new Debt
Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Indenture and this Debt Security are governed by the laws of the State of New York, without regard to conflicts of laws provisions
thereof. 
 The Debt Securities of this series are issuable in registered form without coupons in minimum denominations of €100,000 and
integral multiples of €1,000 in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Debt Securities of this series are exchangeable for a like aggregate principal amount of Debt Securities of this
series and of like tenor of a different authorized denomination, as requested by the Holder surrendering the same. 
 No service charge
shall be made to a Holder for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this Debt Security for registration of transfer, the Company, the Trustee and any agent thereof may treat the
Person in whose name this Debt Security is registered as the owner hereof for all purposes, whether or not this Debt Security be overdue, and none of the Company, the Trustee or any such agent shall be affected by notice to the contrary. 

Except in the limited circumstances described in Section 3.05 of the Indenture, the Debt Securities of this series shall be issued in the
form of one or more Global Securities and a common depositary for the accounts of Euroclear and Clearstream shall be the Depositary for such Global Security or Securities. 

 All terms used in this Debt Security which are not defined herein and are defined in the
Indenture shall have the meanings assigned to them in the Indenture. 
 Payment of Additional Amounts 

All payments of principal and interest in respect of the Debt Securities of this series shall be made free and clear of, and without deduction
or withholding for or on account of any present or future taxes, duties, assessments or other governmental charges of whatsoever nature required to be deducted or withheld by the United States or any political subdivision or taxing authority of or
in the United States, unless such withholding or deduction is required by law or the official interpretation or administration thereof. 

In the event any withholding or deduction on payments in respect of the Debt Securities of this series for or on account of any present or
future tax, assessment or other governmental charge is required to be deducted or withheld by the United States or any political subdivision or taxing authority thereof or therein, the Company shall pay such additional amounts on the Debt Securities
of this series as will result in receipt by each beneficial owner of such Debt Security that is not a U.S. Person (as defined below) of such amounts (after all such withholding or deduction, including on any additional amounts) as would have been
received by such beneficial owner had no such withholding or deduction been required. The Company will not be required, however, to make any payment of additional amounts for or on account of: 

 

	(a)	 any tax, assessment or other governmental charge that would not have been imposed but for (1) the
existence of any present or former connection (other than a connection arising solely from the ownership of those Debt Securities or the receipt of payments in respect of those Debt Securities) between a Holder of a Debt Security of this series (or
the beneficial owner for whose benefit such Holder holds such Debt Security), or between a fiduciary, settlor, beneficiary of, member or shareholder of, or possessor of a power over, that Holder or beneficial owner (if that Holder or beneficial
owner is an estate, trust, partnership or corporation) and the United States, including that Holder or beneficial owner, or that fiduciary, settlor, beneficiary, member, shareholder or possessor, being or having been a citizen or resident or treated
as a resident of the United States or being or having been engaged in trade or business or present in the United States or having had a permanent establishment in the United States or (2) the presentation of a Debt Security of this series for
payment on a date more than 30 days after the later of the date on which that payment becomes due and payable and the date on which payment is duly provided for; 

 

	(b)	 any estate, inheritance, gift, sales, transfer, capital gains, excise, personal property, wealth or similar
tax, assessment or other governmental charge; 

  

	(c)	 any tax, assessment or other governmental charge imposed by reason of the beneficial owner’s past or
present status as a passive foreign investment company, a controlled foreign corporation, a foreign tax exempt organization or a personal holding company with respect to the United States or as a corporation that accumulates earnings to avoid U.S.
federal income tax; 

  

	(d)	 any tax, assessment or other governmental charge which is payable by any method other than withholding or
deducting from payment of principal of or premium, if any, or interest on the Debt Securities of this series; 

  

	(e)	 any tax, assessment or other governmental charge required to be withheld by any Paying

	 	
Agent from any payment of principal of and premium, if any, or interest on any Debt Security of this series if that payment can be made without withholding by any other Paying Agent;

  

	(f)	 any tax, assessment or other governmental charge which would not have been imposed but for the failure of a
beneficial owner or any Holder of Debt Securities of this series to comply with the Company’s request or a request of the Company’s agent to satisfy certification, information, documentation or other reporting requirements concerning the
nationality, residence, identity or connections with the United States of the beneficial owner or any Holder of the Debt Securities of this series that such beneficial owner or Holder is legally able to deliver (including, but not limited to, the
requirement to provide an applicable Internal Revenue Service Form W-8, or any subsequent versions thereof or successor thereto, and including, without limitation, any documentation requirement under an
applicable income tax treaty); 

  

	(g)	 any tax, assessment or other governmental charge imposed on interest received by (1) a 10-percent shareholder (as defined in Section 871(h)(3)(B) of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), and the U.S. Treasury regulations that may be promulgated thereunder) of
the Company, (2) a controlled foreign corporation that is related to the Company within the meaning of Section 864(d)(4) of the Code or (3) a bank receiving interest described in Section 881(c)(3)(A) of the Code, to the extent
such tax, assessment or other governmental charge would not have been imposed but for the beneficial owner’s status as described in clauses (1) through (3) of this item (g); 

 

	(h)	 any tax, assessment or other governmental charge required to be withheld or deducted under Sections 1471
through 1474 of the Code (or any amended or successor version of such Sections) (“FATCA”), any regulations or other guidance thereunder, or any agreement (including any intergovernmental agreement) entered into in connection therewith; or
any law, regulation or other official guidance enacted in any jurisdiction implementing FATCA or an intergovernmental agreement in respect of FATCA; or 

  

	(i)	 any combination of items (a), (b), (c), (d), (e), (f), (g) and (h); 

nor will the Company pay any additional amounts to any beneficial owner or Holder of Debt Securities of this series who is a fiduciary or partnership
(including any entity treated as a partnership for U.S. federal income tax purposes) to the extent that a beneficiary or settlor with respect to that fiduciary or a member of that partnership or a beneficial owner thereof would not have been
entitled to the payment of those additional amounts had that beneficiary, settlor, member or beneficial owner been the beneficial owner of those Debt Securities. 

“U.S. Person” means any individual who is a citizen or resident of the United States for U.S. federal income tax purposes, a
corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia (other than a partnership that is not treated as a United States person under any
applicable U.S. Treasury regulations), or any estate or trust the income of which is subject to United States federal income taxation regardless of its source. 

 SCHEDULE OF INCREASES OR DECREASES IN GLOBAL SECURITY 

The following increases or decreases in this Debt Security have been made: 

 

																	
	 Date of exchange
	  	Amount of decrease in
principal amount of
this Debt Security	 	  	Amount of increase in
principal amount of this
Debt Security	 	  	Principal amount of this
Debt Security following
such decrease or increase	 	  	Signature of authorized
signatory of Trustee or
Security Custodian	 
		  				  				  				  			
		  				  				  				  			
		  				  				  				  			
		  				  				  				  			
		  				  				  				  			

 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned assigns and transfers this Debt Security to: 

 

					
		 	  
	 	
			
		 	  
	 	
		 	(Insert assignee’s social security or tax identification number)	 	
			
		 	  
	 	
			
		 	  
	 	
			
		 	  
	 	

					
		 	(Insert address and zip code of assignee)	 	
			
		 	and irrevocably appoints                          as agent to transfer this Debt Security on the Security
Register. The agent may substitute another to act for him or her.	 	

  

							
		 	Dated:	  	Signature:	  	
			
		 	 Signature Guarantee:
	  	
			
		 	(Sign exactly as your name appears on the other side of this Debt Security)	  	

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Security
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Security Registrar in addition
to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.

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