Document:

Document

Exhibit 4(f)6
						
		
		
	When recorded return to:	
		
	David Hight, Esq.	
	Ice Miller LLP	
	2300 Cabot Drive	
	Suite 455	
	Lisle, IL  60532	
		
		
		Space Above this Line Reserved for Recorder’s Use Only

			
	

Supplemental Indenture
			
	

Made as of August 11, 2020, to be Effective August 31, 2020
____________________
Northern Illinois Gas Company

to

U.S. Bank National Association

Trustee under Indenture dated as of

January 1, 1954 
and
Supplemental Indentures Thereto

____________________
FIRST MORTGAGE BONDS 1.42% SERIES DUE AUGUST 31, 2025
FIRST MORTGAGE BONDS 1.88% SERIES DUE NOVEMBER 6, 2030
FIRST MORTGAGE BONDS 2.77% SERIES DUE AUGUST 31, 2050
FIRST MORTGAGE BONDS 2.87% SERIES DUE NOVEMBER 6, 2060

			
	

This Supplemental Indenture, made as of August 11, 2020 and effective August 31, 2020, between Northern Illinois Gas Company, a corporation organized and existing under the laws of the State of Illinois (hereinafter called the “Company”), and U.S. Bank National Association (hereinafter called the “Trustee”), as successor Trustee under an Indenture dated as of January 1, 1954, as modified by the Indenture of Adoption, dated February 9, 1954 and the Indenture of Release, dated February 9, 1954, and as supplemented by Supplemental Indentures dated (or made effective) April 1, 1956, June 1, 1959, July 1, 1960, June 1, 1963, July 1, 1963, August 1, 1964, August 1, 1965, May 1, 1966, August 1, 1966, July 1, 1967, June 1, 1968, December 1, 1969, August 1, 1970, June 1, 1971, July 1, 1972, July 1, 1973, April 1, 1975, April 30, 1976 (two Supplemental Indentures bearing that date), July 1, 1976, August 1, 1976, December 1, 1977, January 15, 1979, December 1, 1981, March 1, 1983, October 1, 1984, December 1, 1986, March 15, 1988, July 1, 1988, July 1, 1989, July 15, 1990, August 15, 1991, July 15, 1992, February 1, 1993, March 15, 1993, May 1, 1993, July 1, 1993, August 15, 1994, October 15, 1995, May 10, 1996, August 1, 1996, June 1, 1997, October 15, 1997, February 15, 1998, June 1, 1998, February 1, 1999, February 1, 2001, May 15, 2001, August 15, 2001, December 15, 2001, December 1, 2003 (three Supplemental Indentures bearing that date), December 15, 2006, August 15, 2008, July 30, 2009, February 1, 2011, October 26, 2012, June 23, 2016, August 10, 2017, August 16, 2018, and August 30, 2019, such Indenture dated as of January 1, 1954, as so modified and supplemented, being hereinafter called the “Indenture.”
Witnesseth:
Whereas, the Indenture provides for the issuance from time to time thereunder, in series, of bonds of the Company for the purposes and subject to the limitations therein specified; and
Whereas, the Company desires, by this Supplemental Indenture, to create four additional series of bonds to be issuable under the Indenture, such bonds to be designated, respectively, (a) “First Mortgage Bonds 1.42% Series due August 31, 2025” (hereinafter called the “2025 Series”), (b) “First Mortgage Bonds 1.88% Series due November 6, 2030” (hereinafter called the “2030 Series”), (c) “First Mortgage Bonds 2.77% Series due August 31, 2050” (hereinafter called the “2050 Series”), and (d) “First Mortgage Bonds 2.87% Series due November 6, 2060” (hereinafter called the “2060 Series”; the 2025 Series, the 2030 Series, the 2050 Series and the 2060 Series, hereinafter called, collectively, the “bonds of this Supplemental Indenture”), and the terms and provisions to be contained in the bonds of this Supplemental Indenture or to be otherwise applicable thereto to be as set forth in this Supplemental Indenture; and
Whereas, the forms, respectively, of the bonds of this Supplemental Indenture, and the Trustee’s certificate to be endorsed on all bonds of this Supplemental Indenture, are to be substantially as follows:
[Remainder of Page Intentionally Left Blank]

1

(Form of Face of Bond of 2025 Series)
						
	NO. RU-2020-A-__	$________
		
	Ill. Commerce Commission No. 6830	CUSIP No._______ 

Northern Illinois Gas Company

First Mortgage Bond 1.42% Series due August 31, 2025
Northern Illinois Gas Company, an Illinois corporation (hereinafter called the “Company”), for value received, hereby promises to pay to                      or registered assigns, the sum of                           Dollars, on August 31, 2025, and to pay to the registered owner hereof interest on said sum from the date hereof until said sum shall be paid, at the rate of 1.42% per annum, payable semi-annually on the first day of March and the first day of September in each year, beginning on March 1, 2021.  Both the principal of and the interest on this bond shall be payable at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts.  Any installment of interest on this bond may, at the Company’s option, be paid by mailing checks for such interest payable to or upon the written order of the person entitled thereto to the address of such person as it appears on the registration books.
So long as there is no existing default in the payment of interest on this bond, the interest so payable on any interest payment date will be paid to the person in whose name this bond is registered on February 15 or August 15 (whether or not a business day), as the case may be, next preceding such interest payment date.  If and to the extent that the Company shall default in the payment of interest due on such interest payment date, such defaulted interest shall be paid to the person in whose name this bond is registered on the record date fixed, in advance, by the Company for the payment of such defaulted interest.
Additional provisions of this bond are set forth on the reverse hereof.
This bond shall not be entitled to any security or benefit under the Indenture or be valid or become obligatory for any purpose unless and until it shall have been authenticated by the execution by the Trustee, or its successor in trust under the Indenture, of the certificate endorsed hereon.

 - 2 - 

In Witness Whereof, Northern Illinois Gas Company has caused this bond to be executed in its name by its Executive Vice President, Chief Financial Officer and Treasurer, manually or by facsimile signature, and has caused its corporate seal to be impressed hereon or a facsimile thereof to be imprinted hereon and to be attested by its Corporate Secretary, manually or by facsimile signature.
Dated:  August 31, 2020
									
		Northern Illinois Gas Company

		By:	
			Executive Vice President, Chief Financial Officer and Treasurer
	Attest:
________________________________
    Corporate Secretary    
		

 - 3 - 

(Form of Trustee’s Certificate of Authentication)
This bond is one of the bonds of the 2025 Series designated therein, referred to and described in the within-mentioned Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020.

U.S. Bank National Association,
   Trustee

By:        
    Authorized Officer

Dated: August 31, 2020

 - 4 - 

(Form of Reverse Side of Bond of 2025 Series)
This bond is one, of the series hereinafter specified, of the bonds issued and to be issued in series from time to time under and in accordance with and secured by an Indenture dated as of January 1, 1954, to U.S. Bank National Association, as Trustee, as supplemented by certain indentures supplemental thereto, executed and delivered to the Trustee; and this bond is one of a series of such bonds, designated “Northern Illinois Gas Company First Mortgage Bond 1.42% Series due August 31, 2025” (herein called “bonds of this Series”), the issuance of which is provided for by a Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020 (hereinafter called the “Supplemental Indenture”), executed and delivered by the Company to the Trustee.  The term “Indenture”, as hereinafter used, means said Indenture dated as of January 1, 1954, and all indentures supplemental thereto (including, without limitation, the Supplemental Indenture) from time to time in effect.  Reference is made to the Indenture for a description of the property mortgaged and pledged, the nature and extent of the security, the rights of the holders and registered owners of said bonds, of the Company and of the Trustee in respect of the security, and the terms and conditions governing the issuance and security of said bonds.
Any transferee, by its acceptance of a bond registered in its name (or the name of its nominee), shall be deemed to have made the representation set forth in Section 6.2 of the Bond Purchase Agreement dated as of August 11, 2020 among the Company and the purchasers listed on Schedule A attached thereto, as amended, restated, supplemented or otherwise modified from time to time.
With the consent of the Company and to the extent permitted by and as provided in the Indenture, modifications or alterations of the Indenture or of any supplemental indenture and of the rights and obligations of the Company and of the holders and registered owners of the bonds may be made, and compliance with any provision of the Indenture or of any supplemental indenture may be waived, by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds then outstanding under the Indenture, and by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds of any series then outstanding under the Indenture and affected by such modification or alteration, in case one or more but less than all of the series of bonds then outstanding under the Indenture are so affected, but in any case excluding bonds disqualified from voting by reason of the Company’s interest therein as provided in the Indenture; subject, however, to the condition, among other conditions stated in the Indenture, that no such modification or alteration shall be made which, among other things, will permit the extension of the time or times of payment of the principal of or the interest or the premium, if any, on this bond, or the reduction in the principal amount hereof or in the rate of interest or the amount of any premium hereon, or any other modification in the terms of payment of such principal, interest or premium, which terms of payment are unconditional, or, otherwise than as permitted by the Indenture, the creation of any lien ranking prior to or on a parity with the lien of the Indenture with respect to any of the mortgaged property, all as more fully provided in the Indenture.
 - 5 - 

The bonds of this Series may be called for redemption by the Company, as a whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of the bonds of this Series to be redeemed plus accrued and unpaid interest on the principal amount being redeemed to the date of redemption and the Make-Whole Amount (as defined in the Supplemental Indenture) applicable thereto.
Notice of each redemption shall be mailed to all registered owners not less than thirty nor more than forty-five days before the redemption date.
In case of certain completed defaults specified in the Indenture, the principal of this bond may be declared or may become due and payable in the manner and with the effect provided in the Indenture.
No recourse shall be had for the payment of the principal of or the interest or the premium, if any, on this bond, or for any claim based hereon, or otherwise in respect hereof or of the Indenture, to or against any incorporator, stockholder, officer or director, past, present or future, of the Company or of any predecessor or successor corporation, either directly or through the Company or such predecessor or successor corporation, under any constitution or statute or rule of law, or by the enforcement of any assessment or penalty, or otherwise, all such liability of incorporators, stockholders, directors and officers being waived and released by the registered owner hereof by the acceptance of this bond and being likewise waived and released by the terms of the Indenture, all as more fully provided therein.
This bond is transferable by the registered owner hereof, in person or by duly authorized attorney, at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, upon surrender and cancellation of this bond; and thereupon a new registered bond or bonds without coupons of the same aggregate principal amount and series will, upon the payment of any transfer tax or taxes payable, be issued to the transferee in exchange herefor.  The Company shall not be required to exchange or transfer this bond if this bond or a portion hereof has been selected for redemption.
The security represented by this certificate has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or qualified under any state securities laws and may not be transferred, sold or otherwise disposed of except while a registration statement is in effect or pursuant to an available exemption from registration under the Securities Act and applicable state securities laws.
(End of Form of Bond of 2025 Series)

 - 6 - 

(Form of Face of Bond of 2030 Series)
						
	NO. RU-2020-B-__	$________
		
	Ill. Commerce Commission No. 6830	CUSIP No._______ 

Northern Illinois Gas Company

First Mortgage Bond 1.88% Series due November 6, 2030

Northern Illinois Gas Company, an Illinois corporation (hereinafter called the “Company”), for value received, hereby promises to pay to                      or registered assigns, the sum of                           Dollars, on November 6, 2030, and to pay to the registered owner hereof interest on said sum from the date hereof until said sum shall be paid, at the rate of 1.88% per annum, payable semi-annually on the fifteenth day of May and the fifteenth day of November in each year, beginning on May 15, 2021.  Both the principal of and the interest on this bond shall be payable at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts.  Any installment of interest on this bond may, at the Company’s option, be paid by mailing checks for such interest payable to or upon the written order of the person entitled thereto to the address of such person as it appears on the registration books.
So long as there is no existing default in the payment of interest on this bond, the interest so payable on any interest payment date will be paid to the person in whose name this bond is registered on May 1 or November 1 (whether or not a business day), as the case may be, next preceding such interest payment date.  If and to the extent that the Company shall default in the payment of interest due on such interest payment date, such defaulted interest shall be paid to the person in whose name this bond is registered on the record date fixed, in advance, by the Company for the payment of such defaulted interest.
Additional provisions of this bond are set forth on the reverse hereof.
This bond shall not be entitled to any security or benefit under the Indenture or be valid or become obligatory for any purpose unless and until it shall have been authenticated by the execution by the Trustee, or its successor in trust under the Indenture, of the certificate endorsed hereon.

 - 7 - 

In Witness Whereof, Northern Illinois Gas Company has caused this bond to be executed in its name by its Executive Vice President, Chief Financial Officer and Treasurer, manually or by facsimile signature, and has caused its corporate seal to be impressed hereon or a facsimile thereof to be imprinted hereon and to be attested by its Corporate Secretary, manually or by facsimile signature.
Dated:  November 6, 2020
									
		Northern Illinois Gas Company

		By:	
			Executive Vice President, Chief Financial Officer and Treasurer
	Attest:
________________________________
    Corporate Secretary    
		

 - 8 - 

(Form of Trustee’s Certificate of Authentication)
This bond is one of the bonds of the 2030 Series designated therein, referred to and described in the within-mentioned Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020.

U.S. Bank National Association,
   Trustee

By:__________________________________
    Authorized Officer

Dated: November 6, 2020

 - 9 - 

(Form of Reverse Side of Bond of 2030 Series)
This bond is one, of the series hereinafter specified, of the bonds issued and to be issued in series from time to time under and in accordance with and secured by an Indenture dated as of January 1, 1954, to U.S. Bank National Association, as Trustee, as supplemented by certain indentures supplemental thereto, executed and delivered to the Trustee; and this bond is one of a series of such bonds, designated “Northern Illinois Gas Company First Mortgage Bond 1.88% Series due November 6, 2030” (herein called “bonds of this Series”), the issuance of which is provided for by a Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020 (hereinafter called the “Supplemental Indenture”), executed and delivered by the Company to the Trustee.  The term “Indenture”, as hereinafter used, means said Indenture dated as of January 1, 1954, and all indentures supplemental thereto (including, without limitation, the Supplemental Indenture) from time to time in effect.  Reference is made to the Indenture for a description of the property mortgaged and pledged, the nature and extent of the security, the rights of the holders and registered owners of said bonds, of the Company and of the Trustee in respect of the security, and the terms and conditions governing the issuance and security of said bonds.
Any transferee, by its acceptance of a bond registered in its name (or the name of its nominee), shall be deemed to have made the representation set forth in Section 6.2 of the Bond Purchase Agreement dated as of August 11, 2020 among the Company and the purchasers listed on Schedule A attached thereto, as amended, restated, supplemented or otherwise modified from time to time.
With the consent of the Company and to the extent permitted by and as provided in the Indenture, modifications or alterations of the Indenture or of any supplemental indenture and of the rights and obligations of the Company and of the holders and registered owners of the bonds may be made, and compliance with any provision of the Indenture or of any supplemental indenture may be waived, by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds then outstanding under the Indenture, and by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds of any series then outstanding under the Indenture and affected by such modification or alteration, in case one or more but less than all of the series of bonds then outstanding under the Indenture are so affected, but in any case excluding bonds disqualified from voting by reason of the Company’s interest therein as provided in the Indenture; subject, however, to the condition, among other conditions stated in the Indenture, that no such modification or alteration shall be made which, among other things, will permit the extension of the time or times of payment of the principal of or the interest or the premium, if any, on this bond, or the reduction in the principal amount hereof or in the rate of interest or the amount of any premium hereon, or any other modification in the terms of payment of such principal, interest or premium, which terms of payment are unconditional, or, otherwise than as permitted by the Indenture, the creation of any lien ranking prior to or on a parity with the lien of the Indenture with respect to any of the mortgaged property, all as more fully provided in the Indenture.
The bonds of this Series may be called for redemption by the Company, as a whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of 
 - 10 - 

the bonds of this Series to be redeemed plus accrued and unpaid interest on the principal amount being redeemed to the date of redemption and the Make-Whole Amount (as defined in the Supplemental Indenture) applicable thereto.
Notice of each redemption shall be mailed to all registered owners not less than thirty nor more than forty-five days before the redemption date.
In case of certain completed defaults specified in the Indenture, the principal of this bond may be declared or may become due and payable in the manner and with the effect provided in the Indenture.
No recourse shall be had for the payment of the principal of or the interest or the premium, if any, on this bond, or for any claim based hereon, or otherwise in respect hereof or of the Indenture, to or against any incorporator, stockholder, officer or director, past, present or future, of the Company or of any predecessor or successor corporation, either directly or through the Company or such predecessor or successor corporation, under any constitution or statute or rule of law, or by the enforcement of any assessment or penalty, or otherwise, all such liability of incorporators, stockholders, directors and officers being waived and released by the registered owner hereof by the acceptance of this bond and being likewise waived and released by the terms of the Indenture, all as more fully provided therein.
This bond is transferable by the registered owner hereof, in person or by duly authorized attorney, at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, upon surrender and cancellation of this bond; and thereupon a new registered bond or bonds without coupons of the same aggregate principal amount and series will, upon the payment of any transfer tax or taxes payable, be issued to the transferee in exchange herefor.  The Company shall not be required to exchange or transfer this bond if this bond or a portion hereof has been selected for redemption.
The security represented by this certificate has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or qualified under any state securities laws and may not be transferred, sold or otherwise disposed of except while a registration statement is in effect or pursuant to an available exemption from registration under the Securities Act and applicable state securities laws.
(End of Form of Bond of 2030 Series)

 - 11 - 

(Form of Face of Bond of 2050 Series)
						
	NO. RU-2020-C-__	$________
		
	Ill. Commerce Commission No. 6830	CUSIP No._______ 

Northern Illinois Gas Company

First Mortgage Bond 2.77% Series due August 31, 2050

Northern Illinois Gas Company, an Illinois corporation (hereinafter called the “Company”), for value received, hereby promises to pay to                      or registered assigns, the sum of                           Dollars, on August 31, 2050, and to pay to the registered owner hereof interest on said sum from the date hereof until said sum shall be paid, at the rate of 2.77% per annum, payable semi-annually on the first day of March and the first day of September in each year, beginning on March 1, 2021.  Both the principal of and the interest on this bond shall be payable at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts.  Any installment of interest on this bond may, at the Company’s option, be paid by mailing checks for such interest payable to or upon the written order of the person entitled thereto to the address of such person as it appears on the registration books.
So long as there is no existing default in the payment of interest on this bond, the interest so payable on any interest payment date will be paid to the person in whose name this bond is registered on February 15 or August 15 (whether or not a business day), as the case may be, next preceding such interest payment date.  If and to the extent that the Company shall default in the payment of interest due on such interest payment date, such defaulted interest shall be paid to the person in whose name this bond is registered on the record date fixed, in advance, by the Company for the payment of such defaulted interest.
Additional provisions of this bond are set forth on the reverse hereof.
This bond shall not be entitled to any security or benefit under the Indenture or be valid or become obligatory for any purpose unless and until it shall have been authenticated by the execution by the Trustee, or its successor in trust under the Indenture, of the certificate endorsed hereon.

 - 12 - 

In Witness Whereof, Northern Illinois Gas Company has caused this bond to be executed in its name by its Executive Vice President, Chief Financial Officer and Treasurer, manually or by facsimile signature, and has caused its corporate seal to be impressed hereon or a facsimile thereof to be imprinted hereon and to be attested by its Corporate Secretary, manually or by facsimile signature.
Dated:  August 31, 2020
									
		Northern Illinois Gas Company

		By:	
			Executive Vice President, Chief Financial Officer and Treasurer
	Attest:
________________________________
    Corporate Secretary    
		

 - 13 - 

(Form of Trustee’s Certificate of Authentication)
This bond is one of the bonds of the 2050 Series designated therein, referred to and described in the within-mentioned Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020.

U.S. Bank National Association,
   Trustee

By:        
    Authorized Officer

Dated: August 31, 2020

 - 14 - 

(Form of Reverse Side of Bond of 2050 Series)
This bond is one, of the series hereinafter specified, of the bonds issued and to be issued in series from time to time under and in accordance with and secured by an Indenture dated as of January 1, 1954, to U.S. Bank National Association, as Trustee, as supplemented by certain indentures supplemental thereto, executed and delivered to the Trustee; and this bond is one of a series of such bonds, designated “Northern Illinois Gas Company First Mortgage Bond 2.77% Series due August 31, 2050” (herein called “bonds of this Series”), the issuance of which is provided for by a Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020 (hereinafter called the “Supplemental Indenture”), executed and delivered by the Company to the Trustee.  The term “Indenture”, as hereinafter used, means said Indenture dated as of January 1, 1954, and all indentures supplemental thereto (including, without limitation, the Supplemental Indenture) from time to time in effect.  Reference is made to the Indenture for a description of the property mortgaged and pledged, the nature and extent of the security, the rights of the holders and registered owners of said bonds, of the Company and of the Trustee in respect of the security, and the terms and conditions governing the issuance and security of said bonds.
Any transferee, by its acceptance of a bond registered in its name (or the name of its nominee), shall be deemed to have made the representation set forth in Section 6.2 of the Bond Purchase Agreement dated as of August 11, 2020 among the Company and the purchasers listed on Schedule A attached thereto, as amended, restated, supplemented or otherwise modified from time to time.
With the consent of the Company and to the extent permitted by and as provided in the Indenture, modifications or alterations of the Indenture or of any supplemental indenture and of the rights and obligations of the Company and of the holders and registered owners of the bonds may be made, and compliance with any provision of the Indenture or of any supplemental indenture may be waived, by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds then outstanding under the Indenture, and by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds of any series then outstanding under the Indenture and affected by such modification or alteration, in case one or more but less than all of the series of bonds then outstanding under the Indenture are so affected, but in any case excluding bonds disqualified from voting by reason of the Company’s interest therein as provided in the Indenture; subject, however, to the condition, among other conditions stated in the Indenture, that no such modification or alteration shall be made which, among other things, will permit the extension of the time or times of payment of the principal of or the interest or the premium, if any, on this bond, or the reduction in the principal amount hereof or in the rate of interest or the amount of any premium hereon, or any other modification in the terms of payment of such principal, interest or premium, which terms of payment are unconditional, or, otherwise than as permitted by the Indenture, the creation of any lien ranking prior to or on a parity with the lien of the Indenture with respect to any of the mortgaged property, all as more fully provided in the Indenture.
The bonds of this Series may be called for redemption by the Company, as a whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of 
 - 15 - 

the bonds of this Series to be redeemed plus accrued and unpaid interest on the principal amount being redeemed to the date of redemption and the Make-Whole Amount (as defined in the Supplemental Indenture) applicable thereto.
Notice of each redemption shall be mailed to all registered owners not less than thirty nor more than forty-five days before the redemption date.
In case of certain completed defaults specified in the Indenture, the principal of this bond may be declared or may become due and payable in the manner and with the effect provided in the Indenture.
No recourse shall be had for the payment of the principal of or the interest or the premium, if any, on this bond, or for any claim based hereon, or otherwise in respect hereof or of the Indenture, to or against any incorporator, stockholder, officer or director, past, present or future, of the Company or of any predecessor or successor corporation, either directly or through the Company or such predecessor or successor corporation, under any constitution or statute or rule of law, or by the enforcement of any assessment or penalty, or otherwise, all such liability of incorporators, stockholders, directors and officers being waived and released by the registered owner hereof by the acceptance of this bond and being likewise waived and released by the terms of the Indenture, all as more fully provided therein.
This bond is transferable by the registered owner hereof, in person or by duly authorized attorney, at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, upon surrender and cancellation of this bond; and thereupon a new registered bond or bonds without coupons of the same aggregate principal amount and series will, upon the payment of any transfer tax or taxes payable, be issued to the transferee in exchange herefor.  The Company shall not be required to exchange or transfer this bond if this bond or a portion hereof has been selected for redemption.
The security represented by this certificate has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or qualified under any state securities laws and may not be transferred, sold or otherwise disposed of except while a registration statement is in effect or pursuant to an available exemption from registration under the Securities Act and applicable state securities laws.
(End of Form of Bond of 2050 Series)

 - 16 - 

(Form of Face of Bond of 2060 Series)
						
	NO. RU-2020-D-__	$________
		
	Ill. Commerce Commission No. 6830	CUSIP No._______ 

Northern Illinois Gas Company

First Mortgage Bond 2.87% Series due November 6, 2060

Northern Illinois Gas Company, an Illinois corporation (hereinafter called the “Company”), for value received, hereby promises to pay to                      or registered assigns, the sum of                           Dollars, on November 6, 2060, and to pay to the registered owner hereof interest on said sum from the date hereof until said sum shall be paid, at the rate of 2.87% per annum, payable semi-annually on the fifteenth day of May and the fifteenth day of November in each year, beginning on May 15, 2021.  Both the principal of and the interest on this bond shall be payable at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts.  Any installment of interest on this bond may, at the Company’s option, be paid by mailing checks for such interest payable to or upon the written order of the person entitled thereto to the address of such person as it appears on the registration books.
So long as there is no existing default in the payment of interest on this bond, the interest so payable on any interest payment date will be paid to the person in whose name this bond is registered on May 1 or November 1 (whether or not a business day), as the case may be, next preceding such interest payment date.  If and to the extent that the Company shall default in the payment of interest due on such interest payment date, such defaulted interest shall be paid to the person in whose name this bond is registered on the record date fixed, in advance, by the Company for the payment of such defaulted interest.
Additional provisions of this bond are set forth on the reverse hereof.
This bond shall not be entitled to any security or benefit under the Indenture or be valid or become obligatory for any purpose unless and until it shall have been authenticated by the execution by the Trustee, or its successor in trust under the Indenture, of the certificate endorsed hereon.

 - 17 - 

In Witness Whereof, Northern Illinois Gas Company has caused this bond to be executed in its name by its Executive Vice President, Chief Financial Officer and Treasurer, manually or by facsimile signature, and has caused its corporate seal to be impressed hereon or a facsimile thereof to be imprinted hereon and to be attested by its Corporate Secretary, manually or by facsimile signature.
Dated:  November 6, 2020
									
		Northern Illinois Gas Company

		By:	
			Executive Vice President, Chief Financial Officer and Treasurer
	Attest:
________________________________
    Corporate Secretary    
		

 - 18 - 

(Form of Trustee’s Certificate of Authentication)
This bond is one of the bonds of the 2060 Series designated therein, referred to and described in the within-mentioned Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020.

U.S. Bank National Association,
   Trustee
By:        
    Authorized Officer
Dated: November 6, 2020

 - 19 - 

(Form of Reverse Side of Bond of 2060 Series)
This bond is one, of the series hereinafter specified, of the bonds issued and to be issued in series from time to time under and in accordance with and secured by an Indenture dated as of January 1, 1954, to U.S. Bank National Association, as Trustee, as supplemented by certain indentures supplemental thereto, executed and delivered to the Trustee; and this bond is one of a series of such bonds, designated “Northern Illinois Gas Company First Mortgage Bond 2.87% Series due November 6, 2060” (herein called “bonds of this Series”), the issuance of which is provided for by a Supplemental Indenture dated as of August 11, 2020, effective August 31, 2020 (hereinafter called the “Supplemental Indenture”), executed and delivered by the Company to the Trustee.  The term “Indenture”, as hereinafter used, means said Indenture dated as of January 1, 1954, and all indentures supplemental thereto (including, without limitation, the Supplemental Indenture) from time to time in effect.  Reference is made to the Indenture for a description of the property mortgaged and pledged, the nature and extent of the security, the rights of the holders and registered owners of said bonds, of the Company and of the Trustee in respect of the security, and the terms and conditions governing the issuance and security of said bonds.
Any transferee, by its acceptance of a bond registered in its name (or the name of its nominee), shall be deemed to have made the representation set forth in Section 6.2 of the Bond Purchase Agreement dated as of August 11, 2020 among the Company and the purchasers listed on Schedule A attached thereto, as amended, restated, supplemented or otherwise modified from time to time.
With the consent of the Company and to the extent permitted by and as provided in the Indenture, modifications or alterations of the Indenture or of any supplemental indenture and of the rights and obligations of the Company and of the holders and registered owners of the bonds may be made, and compliance with any provision of the Indenture or of any supplemental indenture may be waived, by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds then outstanding under the Indenture, and by the affirmative vote of the holders and registered owners of not less than sixty-six and two-thirds per centum (66 2/3%) in principal amount of the bonds of any series then outstanding under the Indenture and affected by such modification or alteration, in case one or more but less than all of the series of bonds then outstanding under the Indenture are so affected, but in any case excluding bonds disqualified from voting by reason of the Company’s interest therein as provided in the Indenture; subject, however, to the condition, among other conditions stated in the Indenture, that no such modification or alteration shall be made which, among other things, will permit the extension of the time or times of payment of the principal of or the interest or the premium, if any, on this bond, or the reduction in the principal amount hereof or in the rate of interest or the amount of any premium hereon, or any other modification in the terms of payment of such principal, interest or premium, which terms of payment are unconditional, or, otherwise than as permitted by the Indenture, the creation of any lien ranking prior to or on a parity with the lien of the Indenture with respect to any of the mortgaged property, all as more fully provided in the Indenture.
 - 20 - 

The bonds of this Series may be called for redemption by the Company, as a whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of the bonds of this Series to be redeemed plus accrued and unpaid interest on the principal amount being redeemed to the date of redemption and the Make-Whole Amount (as defined in the Supplemental Indenture) applicable thereto.
Notice of each redemption shall be mailed to all registered owners not less than thirty nor more than forty-five days before the redemption date.
In case of certain completed defaults specified in the Indenture, the principal of this bond may be declared or may become due and payable in the manner and with the effect provided in the Indenture.
No recourse shall be had for the payment of the principal of or the interest or the premium, if any, on this bond, or for any claim based hereon, or otherwise in respect hereof or of the Indenture, to or against any incorporator, stockholder, officer or director, past, present or future, of the Company or of any predecessor or successor corporation, either directly or through the Company or such predecessor or successor corporation, under any constitution or statute or rule of law, or by the enforcement of any assessment or penalty, or otherwise, all such liability of incorporators, stockholders, directors and officers being waived and released by the registered owner hereof by the acceptance of this bond and being likewise waived and released by the terms of the Indenture, all as more fully provided therein.
This bond is transferable by the registered owner hereof, in person or by duly authorized attorney, at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, upon surrender and cancellation of this bond; and thereupon a new registered bond or bonds without coupons of the same aggregate principal amount and series will, upon the payment of any transfer tax or taxes payable, be issued to the transferee in exchange herefor.  The Company shall not be required to exchange or transfer this bond if this bond or a portion hereof has been selected for redemption.
The security represented by this certificate has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or qualified under any state securities laws and may not be transferred, sold or otherwise disposed of except while a registration statement is in effect or pursuant to an available exemption from registration under the Securities Act and applicable state securities laws.
(End of Form of Bond of 2060 Series)
and
WHEREAS, all acts and things necessary to make this Supplemental Indenture, when duly executed and delivered, a valid, binding and legal instrument in accordance with its terms, and for the purposes herein expressed, have been done and performed, and the execution and delivery of this Supplemental Indenture have in all respects been duly authorized.
 - 21 - 

Now Therefore, in consideration of the premises and of the sum of one dollar paid by the Trustee to the Company, and for other good and valuable consideration, the receipt of which is hereby acknowledged, for the purpose of securing the due and punctual payment of the principal of and the interest and premium, if any, on all bonds which shall be issued under the Indenture, and for the purpose of securing the faithful performance and observance of all the covenants and conditions set forth in the Indenture and in all indentures supplemental thereto, the Company by these presents does grant, bargain, sell, transfer, assign, pledge, mortgage, warrant and convey unto U.S. Bank National Association, as Trustee, and its successor or successors in the trust hereby created, all property, real and personal (other than property expressly excepted from the lien and operation of the Indenture), which, at the actual date of execution and delivery of this Supplemental Indenture, is solely used or held for use in the operation by the Company of its gas utility system and in the conduct of its gas utility business and all property, real and personal, used or useful in the gas utility business (other than property expressly excepted from the lien and operation of the Indenture) acquired by the Company after the actual date of execution and delivery of this Supplemental Indenture or (subject to the provisions of Section 16.03 of the Indenture) by any successor corporation after such execution and delivery, and it is further agreed by and between the Company and the Trustee as follows:
ARTICLE I.
Bonds of this Supplemental Indenture

Section 1. The bonds of this Supplemental Indenture shall, as hereinbefore recited, be designated as the Company’s (a) “First Mortgage Bonds 1.42% Series due August 31, 2025”, (b) “First Mortgage Bonds 1.88% Series due November 6, 2030”, (c) “First Mortgage Bonds 2.77% Series due August 31, 2050”, and (d) “First Mortgage Bonds 2.87% Series due November 6, 2060”, as applicable.  The bonds of the 2025 Series which may be issued and outstanding shall not exceed $50,000,000 in aggregate principal amount, exclusive of bonds of such series authenticated and delivered pursuant to Section 4.12 of the Indenture.  The bonds of the 2030 Series which may be issued and outstanding shall not exceed $100,000,000 in aggregate principal amount, exclusive of bonds of such series authenticated and delivered pursuant to Section 4.12 of the Indenture.  The bonds of the 2050 Series which may be issued and outstanding shall not exceed $100,000,000 in aggregate principal amount, exclusive of bonds of such series authenticated and delivered pursuant to Section 4.12 of the Indenture.  The bonds of the 2060 Series which may be issued and outstanding shall not exceed $75,000,000 in aggregate principal amount, exclusive of bonds of such series authenticated and delivered pursuant to Section 4.12 of the Indenture.
Section 2. The bonds of this Supplemental Indenture shall be registered bonds without coupons, and the form of each series of such bonds, and of the Trustee’s certificate of authentication to be endorsed on all bonds of this Supplemental Indenture, shall be substantially as hereinbefore recited, respectively.
Section 3. The bonds of this Supplemental Indenture shall be issued in the denomination of $500,000 each and in such integral multiple or multiples thereof (except for one bond per holder and registered owner as may be necessary to reflect any principal amount in excess of $500,000 not evenly divisible by $500,000) as shall be determined and authorized by the Board 
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of Directors of the Company or by any officer of the Company authorized by the Board of Directors to make such determination, the authorization of the denomination of any bond to be conclusively evidenced by the execution thereof on behalf of the Company.  The bonds of the 2025 Series shall be numbered RU-2020-A-1 and consecutively upwards, or in such other appropriate manner as shall be determined and authorized by the Board of Directors of the Company. The bonds of the 2030 Series shall be numbered RU-2020-B-1 and consecutively upwards, or in such other appropriate manner as shall be determined and authorized by the Board of Directors of the Company. The bonds of the 2050 Series shall be numbered RU-2020-C-1 and consecutively upwards, or in such other appropriate manner as shall be determined and authorized by the Board of Directors of the Company.  The bonds of the 2060 Series shall be numbered RU-2020-D-1 and consecutively upwards, or in such other appropriate manner as shall be determined and authorized by the Board of Directors of the Company.
The bonds of the 2025 Series and the 2050 Series shall be dated August 31, 2020, except that each bond issued on or after the respective first payment of interest thereon shall be dated as of the date of the interest payment date thereof to which interest shall have been paid on the bonds of such series next preceding the date of issue, unless issued on an interest payment date to which interest shall have been so paid, in which event such bonds shall be dated as of the date of issue; provided, however, that bonds issued on or after February 15 and before the next succeeding March 1 or on or after August 15 and before the next succeeding September 1 shall be dated the next succeeding interest payment date if interest shall have been paid to such date.  The bonds of the 2030 Series and the 2060 Series shall be dated November 6, 2020, except that each bond issued on or after the respective first payment of interest thereon shall be dated as of the date of the interest payment date thereof to which interest shall have been paid on the bonds of such series next preceding the date of issue, unless issued on an interest payment date to which interest shall have been so paid, in which event such bonds shall be dated as of the date of issue; provided, however, that bonds issued on or after May 1 and before the next succeeding May 15 or on or after November 1 and before the next succeeding November 15 shall be dated the next succeeding interest payment date if interest shall have been paid to such date.  The bonds of the 2025 Series shall mature on August 31, 2025 and shall bear interest at the rate of 1.42% per annum until the principal thereof shall be paid.  The bonds of the 2030 Series shall mature on November 6, 2030 and shall bear interest at the rate of 1.88% per annum until the principal thereof shall be paid.  The bonds of the 2050 Series shall mature on August 31, 2050 and shall bear interest at the rate of 2.77% per annum until the principal thereof shall be paid.  The bonds of the 2060 Series shall mature on November 6, 2060 and shall bear interest at the rate of 2.87% per annum until the principal thereof shall be paid.  Interest on the bonds of this Supplemental Indenture shall be calculated on the basis of a 360-day year consisting of twelve 30-day months.  Interest on the bonds of the 2025 Series shall be payable semi-annually on the first day of March and the first day of September in each year, beginning March 1, 2021.  Interest on the bonds of the 2030 Series shall be payable semi-annually on the fifteenth day of May and the fifteenth day of November in each year, beginning May 15, 2021.  Interest on the bonds of the 2050 Series shall be payable semi-annually on the first day of March and the first day of September in each year, beginning March 1, 2021.  Interest on the bonds of the 2060 Series shall be payable semi-annually on the fifteenth day of May and the fifteenth day of November in each year, beginning May 15, 2021.  So long as there is no existing default in the payment of interest on the bonds of this Supplemental Indenture, such interest shall be payable to the person in whose name each such bond is registered on the respective record date (whether or 
 - 23 - 

not a business day), as the case may be, next preceding the respective interest payment dates; provided, however, if and to the extent that the Company shall default in the payment of interest due on such interest payment date, such defaulted interest shall be paid to the person in whose name each such bond is registered on the record date fixed, in advance, by the Company for the payment of such defaulted interest.  Interest will accrue on overdue interest installments at the rate of (i) 1.42% per annum, with respect to the bonds of the 2025 Series, (ii) 1.88% per annum, with respect to the bonds of the 2030 Series, (iii) 2.77% per annum, with respect to the bonds of the 2050 Series, and (iv) 2.87% per annum, with respect to the bonds of the 2060 Series.

The principal of and interest and premium, if any, on the bonds of this Supplemental Indenture shall be payable in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts, and shall be payable at the office or agency of the Company in the City of Chicago, State of Illinois, or, at the option of the registered owner, at the office or agency of the Company in the Borough of Manhattan, The City and State of New York.  Any installment of interest on the bonds of this Supplemental Indenture may, at the Company’s option, be paid by mailing checks for such interest payable to or upon the written order of the person entitled thereto to the address of such person as it appears on the registration books.  The bonds of this Supplemental Indenture shall be registrable, transferable and exchangeable in the manner provided in Sections 4.08 and 4.09 of the Indenture, at either of such offices or agencies.
Section 4. The bonds of this Supplemental Indenture, upon the mailing of notice and in the manner provided in Section 7.01 of the Indenture (except that no published notice shall be required for the bonds of this Supplemental Indenture) and with the effect provided in Section 7.02 thereof, shall be redeemable at the option of the Company, as a whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of the bonds of this Supplemental Indenture to be redeemed plus accrued and unpaid interest of the principal amount being redeemed to the date of redemption plus the Make-Whole Amount applicable thereto, as calculated by the Company.  “Make-Whole Amount” means, with respect to any bond of this Supplemental Indenture, an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such bond of this Supplemental Indenture over the amount of such Called Principal, provided that the Make-Whole Amount may in no event be less than zero.  For the purposes of determining the Make-Whole Amount, the following terms have the following meanings:
“Called Principal” means, with respect to any bond of this Supplemental Indenture, the principal of such bond of this Supplemental Indenture that is to be redeemed.
“Discounted Value” means, with respect to the Called Principal of any bond of this Supplemental Indenture, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the bond of this Supplemental Indenture is payable) equal to the Reinvestment Yield with respect to such Called Principal.
 - 24 - 

“Reinvestment Yield” means, with respect to the Called Principal of any bond of this Supplemental Indenture, the sum of (x) 0.50% plus (y) the yield to maturity implied by the “Ask Yield(s)” reported as of 10:00 a.m. (New York City time) on the second Business Day preceding the Settlement Date with respect to such Called Principal, on the display designated as “Page PX1” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on-the-run U.S. Treasury securities (“Reported”) having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date.  If there are no such U.S. Treasury securities Reported having a maturity equal to such Remaining Average Life, then such implied yield to maturity will be determined by (a) converting U.S. Treasury bill quotations to bond equivalent yields in accordance with accepted financial practice and (b) interpolating linearly between the “Ask Yields” Reported for the applicable most recently issued actively traded on-the-run U.S. Treasury securities with the maturities (1) closest to and greater than such Remaining Average Life and (2) closest to and less than such Remaining Average Life.  The Reinvestment Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable bond.
If such yields are not Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then “Reinvestment Yield” means, with respect to the Called Principal of any bond of this Supplemental Indenture, the sum of (x) 0.50% plus (y) the yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported as of the second Business Day preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the Remaining Average Life of such Called Principal as of such Settlement Date.  If there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield to maturity will be determined by interpolating linearly between (1) the U.S. Treasury constant maturity so reported with the term closest to and greater than such Remaining Average Life and (2) the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life.  The Reinvestment Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable bond.
“Remaining Average Life” means, with respect to any Called Principal, the number of years obtained by dividing (a) such Called Principal into (b) the sum of the products obtained by multiplying (1) the principal component of each Remaining Scheduled Payment with respect to such Called Principal by (2) the number of years, computed on the basis of a 360-day year comprised of twelve 30-day months and calculated to the nearest two decimal places, that will elapse between the Settlement Date with respect to such Called Principal and the scheduled due date of such Remaining Scheduled Payment.
“Remaining Scheduled Payments” means, with respect to the Called Principal of any bond of this Supplemental Indenture, all payments of such Called Principal and interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due 
 - 25 - 

date, provided that if such Settlement Date is not a date on which interest payments are due to be made under the terms of the bond of this Supplemental Indenture, then the amount of the next succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement Date and required to be paid on such Settlement Date pursuant to the terms of this Supplemental Indenture.
“Settlement Date” means, with respect to the Called Principal of any bond of this Supplemental Indenture, the date on which such Called Principal is to be redeemed.
Section 5. No sinking fund is to be provided for the bonds of this Supplemental Indenture.
Article II

Miscellaneous Provisions

Section 1.    This Supplemental Indenture is executed by the Company and the Trustee pursuant to the provisions of Section 4.02 of the Indenture and the terms and conditions hereof shall be deemed to be a part of the terms and conditions of the Indenture for any and all purposes.  The Indenture, as heretofore modified and supplemented and as supplemented by this Supplemental Indenture, is in all respects ratified and confirmed.
Section 2.    This Supplemental Indenture shall bind and, subject to the provisions of Article XVI of the Indenture, inure to the benefit of the respective successors and assigns of the parties hereto.
Section 3.    Although this Supplemental Indenture is made as of August 11, 2020, effective August 31, 2020, it shall be effective only from and after the actual time of its execution and delivery by the Company and the Trustee on the date indicated by their respective acknowledgements hereto.
Section 4.    This Supplemental Indenture may be simultaneously executed in any number of counterparts, and all such counterparts executed and delivered, each as an original, shall constitute but one and the same instrument.
Section 5.    The recitals herein are deemed to be those of the Company and not of the Trustee.  The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture.

 - 26 - 

In Witness Whereof, Northern Illinois Gas Company has caused this Supplemental Indenture to be executed in its name by its Executive Vice President, Chief Financial Officer and Treasurer and its corporate seal to be hereunto affixed and attested by its Corporate Secretary, and U.S. Bank National Association, as Trustee under the Indenture, has caused this Supplemental Indenture to be executed in its name by one of its authorized officers and attested by one of its authorized officers, all as of the day and year first above written.
															
	Northern Illinois Gas Company

			
	By:	/s/Daniel S. Tucker			
		Name: Daniel S. Tucker
Title:   Executive Vice President, Chief
            Financial Officer and Treasurer

			
				Attest:

				By:	/s/Barbara P. Christopher
					Name:  Barbara P. Christopher
Title:    Corporate Secretary

[Signature Page to 2020 Supplemental Indenture]

															
	U.S. Bank National Association
  as Trustee

			
	By:	/s/Jack Ellerin			
		Name: Jack Ellerin
Title:   Vice Presiden

			
				Attest:

				By:	/s/J. David Dever
					Name:  J. David Dever
Title:    Vice President

[Signature Page to 2020 Supplemental Indenture]

STATE OF GEORGIA     }    SS:
COUNTY OF HENRY    }

I, Brenda G. Davis, a Notary Public in the State aforesaid, DO HEREBY CERTIFY that Daniel S. Tucker, Executive Vice President, Chief Financial Officer and Treasurer of Northern Illinois Gas Company, an Illinois corporation, one of the parties described in and which executed the foregoing instrument, and Barbara P. Christopher, Corporate Secretary of said corporation, who are both personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Executive Vice President, Chief Financial Officer and Treasurer and Corporate Secretary, respectively, and who are both personally known to me to be the Executive Vice President, Chief Financial Officer and Treasurer and Corporate Secretary, respectively, of said corporation, appeared before me this day by real-time audio-video communication technology and severally acknowledged that they signed, sealed, executed and delivered said instrument as their free and voluntary act as such Executive Vice President, Chief Financial Officer and Treasurer and Corporate Secretary, respectively, of said corporation, and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.
GIVEN under my hand and notarial seal as of the date listed below.
Dated:    August 11, 2020
						
		/s/ Brenda G. Davis
		Notary Public

{Notarial Seal}
My Commission expires: August 17, 2021.

State of Georgia    )
): ss
County of Fulton    ) 

On the 12th day of August in the year 2020, before me, the undersigned, personally appeared, Jack Ellerin, a Vice President of U.S. Bank National Association, and J. David Dever, a Vice President of U.S. Bank National Association, personally known to me or proved to me on the basis of satisfactory evidence to be the individuals whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their respective capacities, and that by their signatures on the instrument, the individuals executed the instrument.

						
	/s/April Bright	
	April Bright	
	Notary Public	
		
	State of Georgia	
	County of Clayton	
	Expiration Date:  July 12, 2022	
		
	{Notarial Seal}	

Recording Data1
This Supplemental Indenture was recorded on the following dates in the office of the Recorder of Deeds in certain counties in the State of Illinois, as follows:
									
	County	Document No. 2
	Date Recorded
	Cook	2022706490	08/14/2020
	Adams	2020000079567	08/18/2020
	Boone	2020R04831	08/17/2020
	Bureau	2020R03595	08/17/2020
	Carroll	2020R-1941	08/17/2020
	Champaign	2020R16140	08/17/2020
	DeKalb	2020008078	08/14/2020
	DeWitt	257485	08/17/2020
	DuPage	R2020-090121	08/17/2020
	Ford	274041	08/17/2020
	Grundy	595000	08/17/2020
	Hancock	2020-1829	08/17/2020
	Henderson	202018237	08/19/2020
	Henry	20-2005227	08/17/2020
	Iroquois	20R2514	08/17/2020
	Jo Daviess	410111	08/17/2020
	Kane	2020K045823	08/17/2020
	Kankakee	202009461	08/17/2020
	Kendall	202000015368	08/17/2020
	Lake	7586065	08/21/2020
	LaSalle	202012271	08/17/2020
	Lee	2020003693	08/17/2020
	Livingston	2020R-03507	08/17/2020
	McHenry	2020R0031903	08/17/2020
	McLean	2020-00016913	08/26/2020
	Mercer	2020-399869	08/17/2020
	Ogle	202005844	08/17/2020
	Piatt	371608	08/17/2020
	Pike	2020-1973	08/17/2020
	Rock Island	2020-12797	08/17/2020
	Stephenson	202000177139	08/17/2020
	Tazewell	202000012425	08/17/2020
	Vermillion	20-05404	08/17/2020
	Whiteside	2020-05035	08/17/2020
	Will	R2020067852	08/17/2020
	Winnebago	20201023256	08/17/2020
	Woodford	2004261	08/17/2020

1  This page to be intentionally omitted from versions submitted for recording.
2  For delivery at Closing, Nicor to include all document numbers received prior to Closing.  With respect for which no document number shall have been received prior to Closing, Nicor to provide such numbers post Closing.Document

Exhibit 10(a)9

EXECUTION VERSION

AMENDED AND RESTATED DEFERRED STOCK
TRUST AGREEMENT FOR DIRECTORS OF THE SOUTHERN COMPANY AND ITS SUBSIDIARIES
This amended and restated Grantor Trust Agreement (“Trust” or the “Trust Agreement”) is entered into this 10th day of December, 2020 and effective the 16th day of December, 2020 by and between The Southern Company (“the Company”), as Grantor, Wells Fargo Bank, National Association, appointed by Company as successor trustee to Reliance Trust Company (the “Trustee”), and the Employers (as herein defined) listed on Attachment A to this Trust Agreement (the Company, the Trustee and the Employers shall be collectively referred to herein as the “Parties”).  This Trust Agreement is an amendment and restatement of the Deferred Stock Trust Agreement for Directors of Southern Company and its Subsidiaries amended and restated effective September 1, 2001, as further amended (the “Predecessor Trust Agreement”) and supersedes such Predecessor Trust Agreement.
Recitals
(a) WHEREAS, the Company and the Employers previously adopted the nonqualified deferred compensation plans and agreements (the “Arrangements”) listed on Attachment B to this Trust Agreement;
(b)  WHEREAS, the Company and the Employers have incurred or expect to incur liability under the terms of such Arrangements with respect to the individuals participating in such Arrangements (the “Participants and Beneficiaries”);
(c)  WHEREAS, the Company and the Employers previously established the Predecessor Trust Agreement and shall continue to contribute to the Trust (“Trust Fund”) assets that shall be held therein, subject to the claims of the creditors of the Company and a respective Employer in the event of the Insolvency, as herein defined, of the Company or the respective Employer, until paid to Participants and their Beneficiaries in such manner and at such times as specified in the Arrangements and in this Trust Agreement;
(d)  WHEREAS, it is the intention of the Company, at its discretion, to permit other Affiliates to elect to make contributions to the Trust to be held therein, subject to the claims of such creditors of the Company and such Affiliate in the event of the Insolvency of the Company or such Affiliate, until paid in accordance with the terms of the Arrangements of such Affiliate to participants and their beneficiaries;
(e)  WHEREAS, it is the intention of the Parties that this Trust Agreement shall constitute an unfunded arrangement and shall not affect the status of the Arrangements as unfunded plans maintained for the purpose of providing deferred compensation for a select group of management or highly compensated employees for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”); and
(f)  WHEREAS, the Parties, pursuant to Section 4 of the Predecessor Trust Agreement, desire to amend and restate the Predecessor Trust Agreement; 

NOW, THEREFORE, the Parties do hereby amend and restate the Predecessor Trust Agreement in its entirety with this Trust Agreement and agree that the Trust shall be comprised, held and disposed of as follows:
ARTICLE I – DEFINITIONS
As used herein, the following words and phrases shall have the meaning ascribed to them in this Article I unless a different meaning is plainly required by the context.
1.1    “Affiliate” means any entity which is:
(a)       A member of the controlled group of corporations which includes the Company, as determined for purposes of Section 414(b) of the Code; or
(b)     A trade or business under common control with the Company, as determined for purposes of Section 414(c) of the Code.
An entity shall be an Affiliate only while a member of such a group.
1.2    “Change in Control” means with respect to each Employer a Funding Change in Control as defined in the deferred compensation plan for outside directors of such Employer identified on Attachment B.
1.3    “Code” means the Internal Revenue Code of 1986, as amended.
1.4    “Employer” means the Company and each Affiliate which has adopted this Trust Agreement and that at the relevant time is the service recipient of a Participant; Employers means all such entities collectively.
1.5    “Employer Account” means a hypothetical account maintained within the Trust for each participating Employer.
1.6    “Funding Event” means with respect to each Employer a Funding Event as defined in the deferred compensation plan for outside directors of such Employer identified on Attachment B.
1.7    “Insolvent” means the entity (i) is unable to pay its debts as they mature, or (ii) is the subject of a pending proceeding as a debtor under the Federal Bankruptcy Code (or any successor federal statute).
1.8    “Participant” means an individual to whom an amount is due under an Arrangement.
1.9    “Preliminary Change in Control” means with respect to each Employer a Preliminary Change in Control as defined in the deferred compensation plan for outside directors of such Employer identified on Attachment B.
1.10    “Trust Beneficiary” means Participants in the Arrangements and their beneficiaries, individually and collectively.

2

ARTICLE II – TRUST
2.1     Subject to the claims of the creditors of the Company and a respective Employer as set forth in Article IV, the Company and each Employer (on behalf of the Company) shall deposit amounts from time to time with the Trustee in trust, which shall become the principal of the Trust to be held, administered and disposed of by the Trustee as provided in this Trust Agreement.  Amounts deposited with the Trustee shall be allocated to each Employer Account as directed by the Company.  Any amount previously held by the Trustee under the Trust for the account of Gulf Power Company shall be held for the account of the Company.
2.2      The Trust is intended to be a grantor trust of which the Company is the grantor, within the meaning of Section 671 of the Code, and shall be construed accordingly.  The Company agrees to report all items of income and deduction of the Trust on its own income tax returns, if any, and shall have no right to any distributions from the Trust or any claim against the Trust for funds necessary to pay any income taxes with respect to amounts so reported.
2.3      The principal of the Trust, and any earnings thereon, shall be held separate and apart from other funds of the Company and the Employers and shall be used exclusively for the uses and purposes herein set forth.  Neither the Trust Beneficiary nor the Arrangements shall have any preferred claim on, or any beneficial ownership interest in, any assets of the Trust prior to the time such assets are paid to the Trust Beneficiary as provided in Article III, and all rights created under the Arrangements and this Trust Agreement shall be mere unsecured contractual rights of the Trust Beneficiary against the respective Employer.  Any assets held by the Trust, to the extent of the balance of the respective Employer Account, will be subject to the claims of the general creditors of the Company and the Employer under federal and state law in the event of Insolvency.
2.4      The Company and an Employer (on behalf of the Company), in its sole discretion, may at any time, or from time to time, make additional deposits of cash or other property acceptable to the Trustee in the Trust to augment the principal to be held, administered and disposed of by the Trustee as provided in this Trust Agreement.  Prior to a Funding Event, neither the Trustee nor any Participant or Beneficiary shall have any right to compel additional deposits.
2.5      Prior to the occurrence of a Preliminary Change in Control with respect to an Employer, the Trust with respect to such Employer shall be revocable and may be altered or amended in any substantive respect, or revoked or terminated, by the Company in whole or in part provided that no such amendment may increase the duties of the Trustee without its consent.  In the event of such a Preliminary Change in Control, the Trust may not be altered or amended in any substantive respect, or revoked or terminated by the Company unless a majority of the Trust Beneficiaries of such Employer, determined as of the day before such Preliminary Change in Control, agree in writing to such an alteration, amendment, revocation or termination provided that no such amendment may increase the duties of the Trustee without its consent.  If such a Preliminary Change in Control occurs but fails to become a Change in Control thereafter, the Trust shall again be revocable and may be altered or amended in any substantive respect, or revoked or terminated, by the Company in whole or in part provided that no such amendment may increase the duties of the Trustee without its consent.  
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Notwithstanding the preceding, the Trust may be amended following a Preliminary Change in Control or a Change in Control without approval of the Beneficiaries to protect the tax status or ERISA status of this Trust.
2.6   The Employers (on behalf of the Company) have obligated themselves under the terms of the Arrangements to make certain contributions to the Trust upon the occurrence of a Funding Event or a Change in Control.  Upon such a Funding Event or Change in Control, the Employer affected (on behalf of the Company) thereby shall account for each Beneficiary’s benefit funded by contributions to the Trust in a manner determined by the Company.  A remittance of such contributions and earnings thereon to the Company may only occur under the following circumstances:  (a) if, on the second anniversary of a Funding Event or any time thereafter, the Company determines that a Change in Control has not been consummated, the Trustee upon its agreement with this determination shall, upon the request of the Company, return to the Company property contributed to the Trust on account of the occurrence of a Funding Event; (b) if, at any time, following a Funding Event, the Company provides evidence satisfactory to the Trustee that the Funding Event will not become a Change in Control; (c) if the Trustee determines in its sole and absolute discretion that a Change in Control of the Company has occurred, and, on the second anniversary of the date of consummation of such Change in Control 75% of the members of the incumbent board on such anniversary date shall continue to serve as determined by the Company, the Trustee upon direction from the Company shall return to the Company, any such property received and earnings thereon as a result of such Change in Control; (d) prior to a Change of Control, except as permitted pursuant to Section 3.2, with respect to amounts contributed to fund benefits paid in accordance with Article III hereof, if the Trust assets equal or exceed 200% of the targeted funding level as established by the Company prior to a Change in Control, assets shall be returned by the Trustee to the Company to reduce total assets to 150% of the targeted funding level; or (e) upon written representation to the Trustee that all benefits have been paid to the Beneficiaries by an Employer such that the Employer has no remaining obligations to any Beneficiary covered by the Trust, assets allocated to the Employer’s separate Trust Account shall be returned to the Company regardless of any targeted funding level.
2.7      The Arrangements are intended to be exempt from Parts 2, 3 and 4 of Title I of ERISA as an unfunded vehicle for deferred compensation for a select group of management or highly compensated employees.  
ARTICLE III – PAYMENTS TO PARTICIPANTS AND THEIR BENEFICIARIES
3.1     Prior to a Change in Control of an Employer, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries of an Employer at the direction of the Company.  Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements shall be determined by the Company under the Arrangements, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Arrangements.
3.2     The Employer may make payment of benefits directly to Participants or their Beneficiaries as they become due under the terms of the Arrangements.  The Company shall notify the Trustee of the Employer’s decision to make payment of benefits directly prior to the time amounts are 
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payable to Participants or their Beneficiaries.  Before a Preliminary Change in Control or Change in Control, the Company may direct the Trustee in writing to reimburse the Company from the Trust assets for amounts paid directly to the Participants or their Beneficiaries by the Employer.  The Trustee shall reimburse the Company for such payments promptly after receipt by the Trustee of satisfactory evidence that the Employer has made the direct payments.  No such reimbursement shall be allowed upon or during a Preliminary Change in Control or after Change in Control that would result in Trust assets equaling less than 100% of the targeted funding level.
In addition, if the principal of the Trust and any earnings thereon, are not sufficient to make payments of benefits in accordance with the terms of the Arrangements, the Employer shall make the balance of each such payment as it falls due in accordance with the Arrangements.  The Trustee shall notify the Company where principal and earnings are not sufficient.  Nothing in this Trust Agreement shall relieve each Employer of its liabilities to pay benefits due under the Arrangements except to the extent such liabilities are met by application of assets of the Trust.
3.3    The Company shall deliver to the Trustee a schedule of benefits, to include state and federal tax withholding guidelines, due under the Arrangements on an annual basis.  Immediately after a Preliminary Change in Control and before a Change in Control, the Company shall deliver to the Trustee an updated schedule of benefits due under the Arrangements to the affected Participants or their Beneficiaries.  After a Change in Control, the Trustee shall pay benefits due in accordance with such schedule.  After a Change in Control, the Company shall continue to make the determination of benefits due to the affected Participants or their Beneficiaries and shall provide the Trustee with an updated schedule, to include state and federal tax withholding guidelines, of benefits due; provided however, a Participant or their Beneficiaries may make application to the Trustee for an independent decision as to the amount or form of their benefits due under the Arrangements.  In making any determination required or permitted to be made by the Trustee under this Section, the Trustee shall, in each such case, reach its own independent determination, in its absolute and sole discretion, as to the amount or form of the Participant’s or Beneficiary’s payment hereunder.  In making its determination, the Trustee may consult with and make such inquiries of such persons, including the Participant or Beneficiary, the Company, legal counsel, actuaries or other persons, as the Trustee may reasonably deem necessary.  Any reasonable costs incurred by the Trustee in arriving at its determination shall be reimbursed by the Company and, to the extent not paid by the Company within a reasonable time, shall be charged to the Trust.  The Company waives any right to contest any amount paid over by the Trustee hereunder pursuant to a good faith determination made by the Trustee notwithstanding any claim by or on behalf of the Company (absent negligence or willful misconduct by the Trustee) that such payments should not be made.
3.4      The Trustee agrees that it will not itself institute any action at law or at equity, whether in the nature of an accounting, interpleading action, request for a declaratory judgment or otherwise, requesting a court or administrative or quasi-judicial body to make the determination required to be made by the Trustee under this Section in the place and stead of the Trustee.  The Trustee may (and, if necessary or appropriate, shall) institute an action to collect a contribution due the Trust following a Change in Control or in the event that 
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the Trust should ever experience a short-fall in the amount of assets necessary to make payments pursuant to the terms of the Arrangements.
ARTICLE IV – TRUSTEE RESPONSIBILITY REGARDING PAYMENTS TO TRUST BENEFICIARY WHEN THE COMPANY OR AN EMPLOYER IS INSOLVENT
4.1   The Chairman/President of the Company and the Chairman/President of each Employer (the “Chairman”) shall have the duty to promptly inform the Trustee in writing of the Insolvency of the Company or the Employer, and the Trustee may rely on information so supplied.  If a person claiming to be a creditor of the Company or the Employer alleges in writing to the Trustee that the Company or the Employer has become Insolvent, the Trustee shall discontinue payment of benefits, if any, from the Employer’s Account to the Trust Beneficiary, and then independently determine, within sixty (60) days after receipt of such notice, whether the Company or the Employer is Insolvent.  The Trustee may employ attorneys, accountants and other advisers to make such determination and may rely conclusively on their conclusions.  The expenses of such determination shall be allowed as administrative expenses of the Trust.
4.2      Upon written notification of the Insolvency of the Company or the Employer pursuant to Section 4.1 above, or pending its determination of whether the Company or the Employer is Insolvent, the Trustee shall discontinue payment of benefits, if any, from the Employer’s Account to the Trust Beneficiary, and shall hold Trust assets attributable to such Trust Beneficiary for the benefit of the general creditors of the Company and the Employer.  The Trustee shall continue the investment of such Trust assets in accordance with Article VI, and shall make payments out of the Trust to the general creditors of the Company or the Employer only in accordance with instructions from a court of competent jurisdiction or from a person appointed by such a court.  The Trustee may employ attorneys, accountants and other advisers to make such determination and may rely conclusively on their conclusions.  The expenses of such determination shall be allowed as administrative expenses of the Trust.
4.3    The Trustee shall resume payments of benefits from the Employer’s Account to such Trust Beneficiaries in accordance with Article III of this Trust Agreement only after the Trustee has determined that both the Company and such Employer are not Insolvent or a court of competent jurisdiction orders the resumption of such payments.  The Trustee shall have the discretion to determine which of the above alternatives is appropriate to the situation.
4.4     Unless notified of the Company’s or an Employer’s Insolvency pursuant to Section 4.1 above, or the Trustee has actual knowledge that the Company or the Employer is Insolvent,  the Trustee shall have no duty to inquire whether the Company or the Employer is Insolvent.  The Trustee may in all events rely on such evidence concerning the Company’s or the Employer’s solvency as may be furnished to the Trustee which will give the Trustee a reasonable basis for making a determination concerning the Company’s or the Employer’s solvency.  Nothing in this Trust Agreement shall in any way diminish any rights of a Trust Beneficiary to pursue his rights as a general creditor of the Company or the Employer with respect to the benefits from the  Employer's Arrangement or otherwise.
4.5     If the Trustee discontinues payments of benefits from the Trust pursuant to Section 4.2 above and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments which would have 
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been made to Trust Beneficiary (together with interest) in accordance with the Employer’s Arrangement during the period of such discontinuance; provided that, to the extent the Participant has received such payments from an Employer, such amount shall be paid to the Employer.
ARTICLE V – PAYMENT TO COMPANY
5.1      The Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payments of benefits from the Arrangements to the Trust Beneficiaries have been made in accordance with the terms of the Arrangements; provided the Company may request reimbursement as provided in Section 2.6 or as provided in Section 3.2 of any payment made directly by the Employer to a Trust Beneficiary.
ARTICLE VI – INVESTMENT OF TRUST ASSETS
6.1      The assets of the Trust shall consist of securities of the Company, except for a de minimis amount of cash and other assets which shall be invested at the direction of the Company.  All rights associated with the assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee in a manner consistent with this Article VI, and in no event be exercisable by or rest with Trust Beneficiaries.
(a)      Prior to a Change in Control of an Employer, at the direction of the Company, the Trustee shall exercise any and all voting rights associated with the Trust assets, give proxies, participate in any voting trusts, mergers, consolidations or liquidations, tender shares and exercise stock subscriptions or conversion rights.
(b)     Subsequent to a Change in Control of an Employer, the Trustee, in its sole discretion, shall have the power to exercise any and all voting rights associated with Trust assets, give proxies, participate in any voting trusts, mergers, consolidations or liquidations, tender shares and exercise stock subscription or conversion rights.
(c)     The Company shall have the right at any time, and from time to time in its sole discretion, to substitute assets (other than securities issued by the Trustee or the Company) of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity; provided, however, that, following a Preliminary Change in Control or Change in Control of an Employer, no such substitution with respect to the balance of such Employer’s Account shall be permitted unless the Trustee determines that the fair market values of the substituted assets are equal.
ARTICLE VII – DISPOSITION OF INCOME
7.1      During the term of this Trust, all income received by the Trust, net of expenses, shall be accumulated and reinvested.

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ARTICLE VIII – [RESERVED]
8.1    [Reserved.]
ARTICLE IX – ACCOUNTING BY THE TRUSTEE
The following provisions shall apply to the records and accounting for the Trust:
9.1    The Trustee shall keep accurate records and accounts of all investments, receipts, and disbursements, and other transactions hereunder.  As soon as reasonably practicable following the close of each annual accounting period of the Trust, and as soon as reasonably practicable after the resignation or removal of a Trustee has become effective, the Trustee shall file with the Company a written or electronic account setting forth all investments, receipts, disbursements, and other transactions effected by it during such year, or during the part of the year to the date the resignation or removal is effective, as the case may be, and containing a description of all securities purchased and sold, the cost or net proceeds of sale, the securities and investments held at the end of such period, and the cost of each item thereof as carried on the books of the Trustee.  If the fair market value of an asset in the Fund is not available when necessary for accounting or reporting purposes, the fair value of the asset shall be determined in good faith by the Company, assuming an orderly liquidation at the time of such determination.  If there is a disagreement between the Trustee and anyone as to any act or transaction reported in an accounting, the Trustee shall have the right to have its account settled by a court of competent jurisdiction.  The Trustee shall be entitled to hold and to commingle the assets of the Trust in one Fund for investment purposes at the direction of the Company prior to a Change in Control; the Trustee may create one or more sub-accounts.
9.2    The Trustee shall retain its records relating to the Trust as long as necessary for the proper administration thereof and at least for any period required by applicable law.
ARTICLE X – RESPONSIBILITY OF THE TRUSTEE
10.1  The Trustee shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims; provided, however, except to the extent of the negligence or willful misconduct of the Trustee, that the Trustee shall incur no liability to anyone for any action taken pursuant to a direction, request, or approval given by the Company contemplated by and complying with the terms of this Trust Agreement, and to that extent shall be relieved of the prudent man rule for investments.
10.2    The Trustee shall not be required to undertake or to defend any litigation arising in connection with this Trust Agreement, unless it be first indemnified by the Company against its prospective costs, expenses and liability, and the Company hereby agrees to indemnify the Trustee for such costs, expenses and liability.
10.3    The Trustee may consult with legal counsel (who may also be counsel for the Trustee generally, or for the Company or an Employer) with respect to any of its duties or obligations 
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hereunder, and shall be fully protected in acting or refraining from acting in accordance with the advice of such counsel.
10.4   The Trustee may hire agents, accountants, actuaries, financial consultants or other professionals to assist it in performing any of its duties or obligations hereunder and may rely on any determinations made by such agents and information provided to it by the Company.
10.5    The Trustee shall have, without exclusion, all powers conferred on trustees by applicable law unless expressly provided otherwise herein, provided, however, that if an insurance policy is held as an asset of the Trust, the Trustee shall have no power to name a beneficiary of the policy other than the Trust, to assign the policy (as distinct from conversion of the policy to a different form) other than to a successor Trustee, or to loan to any person the proceeds of any borrowing against such policy.
10.6    The Company shall indemnify and hold harmless the Trustee of and from any and all costs, claims, losses, demands or liabilities, including reasonable attorney’s fees and expenses in defending against such claims, losses, demands and liabilities, in respect of the acts, transactions, duties, obligations or responsibilities which the Trustee performs or undertakes upon the direction of the Company, or any fiduciary.  Such indemnity shall include all claims and liabilities arising from any breach of fiduciary responsibility by a fiduciary other than the Trustee, unless the Trustee:
(a)      knowingly participates in, or knowingly undertakes to conceal, an act or omission of such other fiduciary, knowing such act or omission is a breach;
(b)      by its failure to act in accordance with Section 10.1 above in the administration of its specific responsibilities which give rise to its status as a fiduciary, has enabled such other fiduciary to commit a breach;
(c)      has knowledge of a breach by such other fiduciary, unless it makes reasonable efforts under the circumstances to remedy the breach; or
(d)        has acted with negligence or willful misconduct.
The performance by the Trustee of trades, custody, reporting, recording and bookkeeping with respect to assets managed by another fiduciary shall not be deemed to give rise to any participation or knowledge on the part of the Trustee.  Such indemnification shall survive the amendment or termination of the Trust Agreement or the resignation or removal of the Trustee and shall be construed as a contract between the Company and the Trustee under the laws of the State of Georgia.
10.7    The Trustee, as trustee, is not a party to, and has no duties or responsibilities under the Arrangements.  In any case in which a provision of this Trust Agreement conflicts with any provision in the Arrangement, this Trust Agreement shall control.
10.8    The Trustee shall have no duties, responsibilities or liability with respect to the acts or omissions of any prior or successor trustee except as set forth in Section 10.6.  

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ARTICLE XI – COMPENSATION AND EXPENSES OF THE TRUSTEE
11.1    The Trustee’s compensation shall be as agreed in writing from time to time by the Company and the Trustee.  The Company shall pay all administrative expenses and the Trustee's fees and shall promptly reimburse the Trustee for any fees and expenses of its agents.  If not so paid within thirty (30) days of being invoiced, the fees and expenses shall be paid from the Trust.  
ARTICLE XII – REPLACEMENT OF THE TRUSTEE
12.1    The Trustee may be removed at any time upon thirty (30) days written notice by the Company.  The Trustee may resign at any time, upon ninety (90) days written notice to the Company.  In the event of such resignation or removal, the Company shall appoint a new corporate trustee, which shall be independent and not subject to control of the Company.
If the Trustee resigns or is removed, a successor shall be appointed, in accordance with this Section 12.1, by the effective date of resignation or removal under this section.  If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions.  All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

12.2    Upon its resignation or removal, the Trustee, with the written consent of the Company, may reserve such amounts as it deems necessary for the payment of any outstanding taxes or other liabilities of the Trust and its reasonable fees and expenses in connection with the settlement of its accounts.  Any balance of such reserve remaining after the payment of such taxes, liabilities, fees, and expenses shall be paid over to the successor Trustee, not later than ninety (90) days following the effective date of resignation or removal.
ARTICLE XIII – AMENDMENT OR TERMINATION
13.1   This Trust Agreement may be amended by a written instrument executed by the Parties, except as otherwise provided in this Article XIII.  Notwithstanding the foregoing, no such amendment shall conflict with the terms of the Arrangements or shall make the Trust revocable after and to the extent the Trust has become irrevocable.  The Trust shall not terminate until the date on which Participants and their Beneficiaries have received all of the benefits due to them under the terms and conditions of the Arrangements, unless sooner in accordance with Section 2.5.  Upon termination of the Trust, any assets remaining in the Trust shall be returned by the Trustee to the Company.  The Trustee shall not remit any assets to an Employer.
13.2   Following a Change in Control of an Employer, the Trust shall not terminate with respect to that Employer until the date on which Participants and their Beneficiaries of such Employer have received all of the benefits due to them under the terms and conditions of the Arrangements.
13.3    Upon written approval of all Participants or Beneficiaries entitled to payment of benefits pursuant to the terms of the Arrangements, the Company may terminate this Trust prior to the 
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time all benefit payments under the Arrangements have been made.  All assets in the Trust at termination shall be returned by the Trustee to the Company.
ARTICLE XIV – SEVERABILITY AND ALIENATIONS
14.1    If any provision of this Trust Agreement is, becomes, or is deemed invalid, or unenforceable in any jurisdiction, such provision shall be deemed amended to conform to applicable law as to be valid, legal and enforceable in any jurisdiction so deeming.  The validity, legality and enforceability of such provision shall not in any way be affected or impaired in any other jurisdiction; if such provision cannot be so amended with materially altering the intention of the parties, it shall be stricken and the remainder of this Trust Agreement shall remain in full force and effect.
14.2    To the extent permitted by law, benefits from the Arrangements payable to Trust Beneficiary under the Arrangements and this Trust Agreement may not be assigned, alienated, or subject to attachment, garnishment, levy, execution or other legal or equitable process.  The Trust Beneficiary may not assign or transfer any interest in the benefit from the applicable Arrangement due hereunder and shall have no direct interest in or to any trust asset unless and until paid to such Trust Beneficiary.
ARTICLE XV - MISCELLANEOUS
15.1    Any provision of this Trust Agreement prohibited by law shall be ineffective to the extent of any such prohibition, without invalidating the remaining provisions hereof.
15.2   The Company hereby represents and warrants that all of the Arrangements have been established, maintained and administered in accordance with all applicable laws, including without limitation, ERISA.  The Company hereby indemnifies and agrees to hold the Trustee harmless from all liabilities, including attorneys’ fees, relating to or arising out of the establishment, maintenance and administration of the Arrangements.  To the extent the Company does not pay any of such liabilities in a reasonably timely manner, the Trustee may obtain payment from the Trust.
15.3   Benefits payable to Participants and their Beneficiaries under this Trust Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered or subjected to attachment, garnishment, levy, execution or other legal or equitable process.
15.4    This Trust Agreement shall be governed by and construed in accordance with the laws of Georgia.
15.5    If a provision of this Trust Agreement requires that a communication or document be provided to the Trustee in writing or written form, that requirement may also be satisfied by a facsimile transmission, electronic mail or other electronic transmission of text (including electronic records attached thereto), if the Trustee reasonably believes such communication or document has been signed, sent or presented (as applicable) by any person or entity authorized to act on behalf of the Company.  Any electronic mail or other electronic transmission of text will be deemed signed by the sender if the sender’s name or electronic address appears as part of, or is transmitted with, the electronic record.  The 
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Trustee will not incur any liability to anyone resulting from actions taken in good faith reliance on such communication or document, unless resulting from the negligence or willful misconduct of the Trustee.  Nor shall the Trustee incur any liability in executing instructions from any person or entity authorized to act on behalf of the Company prior to receipt by it of notice of the revocation of the written authority of such person or entity.
15.6    This Trust Agreement is intended to comply with Section 409A of the Code and shall be administered consistent with such intent.  At the direction of the Company, the Trustee may reimburse eligible expenses incurred by a Trust Beneficiary, provided that the following requirements are satisfied: (a) the Arrangements shall provide an objectively determinable nondiscretionary definition of expenses eligible for reimbursement; (b) such expenses shall be only those incurred during the Trust Beneficiary’s lifetime, (c) the amount of expenses eligible for reimbursement during a calendar year shall not affect the expenses eligible for reimbursement in any other taxable year, (d) the reimbursement of an eligible expense shall be made on or before the last day of the calendar year following the calendar year in which the expense was incurred, and (e) the right to reimbursement shall not be subject to liquidation or exchange for another benefit.  The Company shall ensure the requirements stated in this paragraph are satisfied. The Trustee may rely conclusively on the Company’s determination that expenses are eligible for reimbursement.
ARTICLE XVI - CONFIDENTIALITY
16.1  This Trust Agreement and certain information relating to the Trust is "Confidential Information" pursuant to applicable federal and state law, and as such it shall be maintained in confidence and not disclosed, used or duplicated, except as described in this Article.  If it is necessary for the Trustee to disclose Confidential Information to a third party in order to perform the Trustee's duties hereunder and the Company has authorized the Trustee to do so, the Trustee shall disclose only such Confidential Information as is necessary for such third party to perform its obligations to the Trustee and shall, before such disclosure is made, ensure that said third party understands and agrees to the confidentiality obligations set forth herein.  The Trustee and the Company shall maintain an appropriate information security program and adequate administrative and physical safeguards to prevent the unauthorized disclosure, misuse, alteration or destruction of Confidential Information, and shall inform the other party as soon as possible of any security breach or other incident involving possible unauthorized disclosure of or access to Confidential Information.  Confidential Information shall be returned to the disclosing party upon request.  Confidential Information does not include information that is generally known or available to the public or that is not treated as confidential by the disclosing party, provided, however, that this exception shall not apply to any publicly available information to the extent that the disclosure or sharing of the information by one or both parties is subject to any limitation, restriction, consent, or notification requirement under any applicable federal or state information privacy law or regulation.  If the receiving party is required by law, according to the advice of competent counsel, to disclose Confidential Information, the receiving party may do so without breaching this section, but shall first, if feasible and legally permissible, provide the disclosing party with prompt notice of such pending disclosure so that the disclosing party may seek a protective order or other appropriate remedy or waive compliance with the provisions of this Article.

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16.2    In addition to the obligations set forth in Section 16.1, the provisions set forth in Attachment C shall apply to privacy and data protection as set forth in such attachment.
ARTICLE XVII – FORCE MAJEURE
17.1   Notwithstanding anything to the contrary contained herein, the Trustee shall not be responsible or liable for any losses to the Fund resulting from any event beyond the reasonable control of the Trustee, including but not limited to nationalization, strikes, expropriation, devaluation, seizure, eminent domain or similar action by any governmental authority; or enactment, promulgation, imposition or enforcement by any such governmental authority of currency restrictions, exchange controls, levies or other charges affecting the Trust’s property; or the breakdown, failure or malfunction of any utility, telecommunication, or computer systems; or any order or regulation of any banking or securities industry including changes in market rules and market conditions affecting the execution or settlement of transactions; or poor or incomplete data provided by the Company; or acts of war, terrorism, insurrection or revolution; or acts of God; or any other similar event.

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IN WITNESS WHEREOF, the Parties have executed this Trust Agreement on the day and year first above written.

									
	THE SOUTHERN COMPANY,
AS GRANTOR		WELLS FARGO BANK, NATIONAL ASSOCIATION, AS TRUSTEE
	

By:  /s/Myra Coleman Bierria

Its:  VP & Corporate Secretary

		

By:  /s/Andy Franck

Its:  Vice President

	ATTEST:

By:  /s/Marcia R. DeMar

Its:  Shareholder Services Manager

		ATTEST:

By:  /s/Rodney Cook

Its:  Vice President

EMPLOYERS:

									
	ALABAMA POWER COMPANY		GEORGIA POWER COMPANY
	

By:  /s/Ceila H. Shorts

Its:  Corporate Secretary

		

By:  /s/Sterling Spainhour

Its:  Senior Vice President & General Counsel

	ATTEST:

By:  /s/Amy Blankenship

Its:  Assistant Corporate Secretary

		ATTEST:

By:  /s/Kristi L. Dow

Its:  Assistant Secretary

						
	MISSISSIPPI POWER COMPANY

	
	

By:  /s/Jeffery A. Stone

Its:  Corporate Secretary

	
	ATTEST:

By:  /s/Fe Z. Strickland

Its:  Assistant Corporate Secretary

	

									
	SOUTHERN COMPANY GAS		THE SOUTHERN COMPANY
	

By:  /s/David E. Slovensky

Its:  Senior Vice President & General Counsel

		

By:  /s/Myra Coleman Bierria

Its:  VP & Corporate Secretary

	ATTEST:

By:  /s/Barbara P. Christopher

Its:  Corporate Secretary

		ATTEST:

By:  /s/Marcia R. DeMar

Its:  Shareholder Services Manager

Attachment A
Schedule of Employers
Alabama Power Company
600 North 18th Street
Birmingham, AL 35291

Georgia Power Company
241 Ralph McGill Boulevard
Atlanta, GA 30308

Mississippi Power Company
2992 West Beach Boulevard
Gulfport, MS 39501

Savannah Electric and Power Company
c/o Georgia Power Company as successor
241 Ralph McGill Boulevard
Atlanta, GA 30308

Southern Company Gas
10 Peachtree Place
BIN 119 or Loc 1466
Atlanta, GA  30309

The Southern Company
30 Ivan Allen Jr. Boulevard NW
Atlanta, GA 30308

Attachment B
Plans and Arrangements Subject to the Trust
Deferred Compensation Plan for Outside Directors of Alabama Power Company

Deferred Compensation Plan for Outside Directors of Georgia Power Company

Deferred Compensation Plan for Outside Directors of Mississippi Power Company

Deferred Compensation Plan for Outside Directors of Savannah Electric and Power Company

Deferred Compensation Plan for Outside Directors of Southern Company Gas

Deferred Compensation Plan for Outside Directors of The Southern Company

Deferred Compensation Plan for Outside Directors of Gulf Power Company (sponsored by The Southern Company)

Outside Directors Stock Plan for The Southern Company and its Subsidiaries

Attachment C
Privacy and Data Protection
During the course of providing the services (“Services”) described in the Amended and Restated Deferred Stock Trust Agreement for Directors of The Southern Company and its Subsidiaries (the “Agreement”), Trustee will receive Plan Sponsor Information (as defined below) from or on behalf of the Company and the Employers (“Plan Sponsor”). Trustee agrees to protect all Plan Sponsor Information obtained through providing the Services as detailed in this Attachment C.  Capitalized terms not defined herein are as defined in the Trust Agreement.

1.    For purposes of this Attachment C, the following definitions shall apply:  

    (a)    “Data Protection Requirements” means, collectively, all national, state, and local laws or regulations relating to the protection of Plan Sponsor Information applicable to Trustee’s use, disclosure, retention, storage, and transmission of Plan Sponsor Information.

    (b)    “Plan Sponsor Information” means information that identifies or can reasonably be used to identify a plan participant or financial information of Plan Sponsor or a plan participant, including but not limited to name, Social Security number, Taxpayer Identification Number, passport number, driver’s license number, other government-issued identification number, bank account number or information or plan account number or information.  Plan Sponsor Information will not include information to the extent that such information: (i) was provided to Trustee or its personnel by a third party who was not under an obligation to the Plan Sponsor with respect to such information, but only to the extent Trustee does not have confidential obligations to Plan Sponsor or plan participant; or (ii) was already known to or in the possession of Trustee or its personnel at the time of the disclosure without a restriction on the disclosure at the time of disclosure, or (iii) was independently developed or received by Trustee or its personnel without reference to the Plan Sponsor Information; or (iv) is or becomes publicly known without breach of this Attachment C, the Agreement, or other obligations of non-disclosure by Trustee or its personnel; or (v) Plan Sponsor agrees in writing is free of the restrictions set forth in this Attachment C. 

2.     All references herein to Plan Sponsor Information are to information that is provided to, or obtained, used, maintained, or otherwise handled by, Trustee in connection with providing the Services to Plan Sponsor.

3.     Trustee will at all times treat Plan Sponsor Information in accordance with the requirements of this Attachment and the Data Protection Requirements. 

4.     Trustee shall hold Plan Sponsor Information in strict confidence and shall not disclose Plan Sponsor Information to any third party, firm, or enterprise (including, but not limited to, Trustee’s affiliates, subcontractors, or service providers) except as may be permitted under the Agreement, as required to provide the Services identified in this Attachment, or as required under law or regulation.  

5.     Trustee may disclose Plan Sponsor Information to a third party, firm, or enterprise (including, but not limited to, Trustee’s affiliates, subcontractors or service providers) in order to provide the Services, provided that Trustee shall enter into a written agreement with a third party that is not an affiliate that includes obligations that are at least as broad in scope and restrictive as those under this Attachment C.  

6.     Trustee shall maintain administrative, technical, and physical safeguards reasonably designed to protect the security, confidentiality and integrity of Plan Sponsor Information. Trustee shall maintain reasonable access controls, including, but not limited to, limiting access to Plan Sponsor Information to the Trustee employees and personnel who require such access in the performance of their job duties; require its employees and personnel who will be provided access to, or otherwise come into contact with, Plan Sponsor Information to protect such information; and provide such employees and personnel with training regarding information security and privacy. 

7.     If Trustee is requested or required by  competent court of law or adjudicative body to disclose any Plan Sponsor Information to a third party, Trustee shall notify Plan Sponsor promptly of any such anticipated disclosure (unless such notice is prohibited by law, rule, or regulations) and shall not disclose the Plan Sponsor Information to the third party without providing Plan Sponsor at least forty-eight (48) hours, following such notice (if forty-eight (48) hours is available), so that Plan Sponsor may, at its own expense, exercise such rights as it may have under law to prevent or limit such disclosure.  Notwithstanding the foregoing, Trustee shall exercise commercially reasonable efforts to prevent and limit any such disclosure and to otherwise preserve the confidentiality of the Plan Sponsor Information, including by cooperating with Plan Sponsor, at Plan Sponsor’s sole cost and expense, to obtain an appropriate protective order or other reliable assurance that confidential treatment will be accorded to the Plan Sponsor Information.  Notwithstanding anything herein to the contrary, Trustee may disclose any information in its possession or control without notifying the Plan Sponsor in response to: (a) a request from any regulatory or licensing body with authority over Trustee (including federal or state insurance, securities, bank or other examiners, or other regulatory official) or (b) a subpoena or other request for information or documents in a legal proceeding involving a personal matter affecting a plan participant (including, but not limited to, a subpoena related to a divorce proceeding).  

8.     In addition, upon notice to Trustee, Trustee shall provide Plan Sponsor with reasonable assistance and support in the event of an investigation by any applicable regulator, including a data protection regulator, or similar authority, if and to the extent that such investigation relates to Plan Sponsor Information handled by Trustee on behalf of Plan Sponsor.  However, any such reasonable assistance must be in accordance with Trustee’s policies and procedures, and in no circumstance will Trustee allow any party access to any systems, networks, data centers, or facilities. Such assistance and support shall be at Plan Sponsor’s sole expense, except where such investigation was required solely due to Trustee’s acts or omissions resulting in a breach of this Attachment C, in which case such assistance shall be at Trustee’s sole expense.  The assessment of any expenses to Trustee will be done after the investigation and only if Trustee is found to be in breach of Attachment C.  

9.     Trustee shall notify Plan Sponsor promptly (and in any event within five (5) business days) using the contact information currently on file with Trustee whenever Trustee confirms there has 

been an actual unauthorized acquisition, destruction, modification, use, or disclosure of, or access to, Plan Sponsor Information that may require consumer or regulator notification (“Breach”).  In the event of a Breach, Trustee shall (a) promptly conduct a reasonable investigation of the Breach and (b) take reasonable action to mitigate the impact of such Breach. Further, Trustee agrees to bear the direct, actual, and reasonable costs of consumer notification to individuals whose Plan Sponsor Information was exposed, where notice is legally required or there is a reasonable risk of harm to individuals or entities whose information was the subject of the Security Breach, and Trustee shall have sole control of managing the  costs of mailing and call center support (the “Direct Costs of Notification”) and the costs of credit monitoring services for twelve (12) months to impacted individuals, and as required by law. The content of any notices will be reasonably agreed upon by Trustee and the Plan Sponsor.  

10.     Upon termination or expiration of this Attachment C, Trustee shall promptly, upon written request by Plan Sponsor, destroy or return all data, information, materials, and other properties, whether in paper, electronic, digital, or other form, previously provided by or belonging to Plan Sponsor in Trustee’s possession or the possession of its subcontractors. However, Trustee is not obligated to return or destroy Plan Sponsor Information in the event that Plan Sponsor Information is required by law or regulation or Trustee policy to be retained, is contained in an archived computer system or backup made in accordance with security and disaster recovery procedures, or has been commingled by Trustee (or its subcontractors) with its own confidential data such that it cannot feasibly be separated for return or destruction. Such data will be protected by Trustee as its own confidential data.  

11.    Trustee shall defend, indemnify, and hold harmless the Plan Sponsor and its Affiliates and their respective directors, officers, agents, and employees (collectively, “Indemnitees”), against any and all suits, actions, proceedings or demands (“Claims”), and judgments, losses, payments, costs, expenses, damages, settlements, liabilities, fines or penalties (“Costs”) of the Indemnitees, arising from or relating to a Breach caused by Trustee.  Costs include the Direct Costs of Notification and the credit monitoring services for twelve (12) months to impacted individuals.  Notwithstanding the foregoing, in no event shall Trustee be obligated to indemnify Indemnitees for Claims or Costs resulting from (a) the breach of this Amendment by Plan Sponsor related to the Breach, (b) a failure by Plan Sponsor to comply with applicable law related to the Breach, or (c) the willful misconduct, fraud or negligent acts of omissions of Plan Sponsor related to the Breach. The Plan Sponsor will provide Trustee with: (a) reasonably prompt written notice of any Claim; (b) control over the defense or settlement of any such Claim, and (c) non-financial assistance at Trustee’s request to the extent reasonably necessary for the defense of any such Claim.  

12.    Except for Costs arising under Trustee’s indemnification obligations or obligations of Section 9, neither party will be liable under this Attachment C for special, indirect, consequential, exemplary or punitive damages, even if the parties have knowledge of the possibility of such damages and whether or not such damages are foreseeable. In addition, except for the Direct Costs of Notification and the credit monitoring services for twelve (12) months to impacted individuals, and Trustee’s indemnification obligation, Trustee’s total and complete liability and responsibility to Plan Sponsor, in the aggregate and for the entire term of this Attachment, shall not exceed an amount equal to five (5) times the annual amount of fees for services under the Agreement.

13.    Trustee, at its expense, will procure and maintain in effect, without interruption during the term, policies of insurance providing, at a minimum, the coverages and limits specified and complying with the other requirements stated below: (a) Information Security/Cyber Insurance/Technology Errors and Omissions insurance in an amount not less than $100 million in the annual aggregate; and (b) Fidelity Bond in the amount not less than of $50 million.

14.      In event of a conflict between this Attachment and the Agreement, this Attachment will control.

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