Document:

EX-4.1

 Exhibit 4.1 

DICK’S SPORTING GOODS, INC. 
  

 
 INDENTURE

 Dated as of January 14, 2022 
  

 
 U.S. Bank
National Association, a national banking association, 
 as Trustee 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	ARTICLE I	  			
	DEFINITIONS AND INCORPORATION BY REFERENCE	  			
			
	 Section 1.1
	  	Definitions	  	 	1	 
	 Section 1.2
	  	Other Definitions	  	 	6	 
	 Section 1.3
	  	Incorporation by Reference of Trust Indenture Act	  	 	6	 
	 Section 1.4
	  	Rules of Construction	  	 	6	 
		
	ARTICLE II	  			
	THE SECURITIES	  			
			
	 Section 2.1
	  	Issuable in Series	  	 	7	 
	 Section 2.2
	  	Establishment of Terms of Series of Securities	  	 	7	 
	 Section 2.3
	  	Execution and Authentication	  	 	10	 
	 Section 2.4
	  	Registrar and Paying Agent	  	 	11	 
	 Section 2.5
	  	Paying Agent to Hold Money in Trust	  	 	12	 
	 Section 2.6
	  	Securityholder Lists	  	 	12	 
	 Section 2.7
	  	Transfer and Exchange	  	 	13	 
	 Section 2.8
	  	Mutilated, Destroyed, Lost and Stolen Securities	  	 	13	 
	 Section 2.9
	  	Outstanding Securities	  	 	14	 
	 Section 2.10
	  	Treasury Securities	  	 	14	 
	 Section 2.11
	  	Temporary Securities	  	 	15	 
	 Section 2.12
	  	Cancellation	  	 	15	 
	 Section 2.13
	  	Defaulted Interest	  	 	15	 
	 Section 2.14
	  	Special Record Dates	  	 	15	 
	 Section 2.15
	  	Global Securities	  	 	16	 
	 Section 2.16
	  	CUSIP Numbers	  	 	17	 
	 Section 2.17
	  	Persons Deemed Owners	  	 	17	 
		
	ARTICLE III	  			
	REDEMPTION	  			
			
	 Section 3.1
	  	Notice to Trustee	  	 	18	 
	 Section 3.2
	  	Selection of Securities to be Redeemed	  	 	18	 
	 Section 3.3
	  	Notice of Redemption	  	 	19	 
	 Section 3.4
	  	Effect of Notice of Redemption	  	 	20	 
	 Section 3.5
	  	Deposit of Redemption Price	  	 	20	 
	 Section 3.6
	  	Securities Redeemed in Part	  	 	20	 
		
	ARTICLE IV	  			
	COVENANTS	  			
			
	 Section 4.1
	  	Payment of Principal and Interest	  	 	21	 
	 Section 4.2
	  	Additional Amounts	  	 	21	 
	 Section 4.3
	  	Maintenance of Office or Agency	  	 	21	 

  
 -i- 

							
	 Section 4.4
	  	Commission Reports	  	 	22	 
	 Section 4.5
	  	Compliance Certificate	  	 	22	 
	 Section 4.6
	  	Waiver of Stay or Extension Laws	  	 	23	 
	 Section 4.7
	  	Existence	  	 	23	 
	 Section 4.8
	  	Limitations on Liens	  	 	23	 
		
	 ARTICLE V

SUCCESSORS
	  			
	  			
			
	 Section 5.1
	  	Merger, Consolidation, or Sale of Assets	  	 	24	 
	 Section 5.2
	  	Successor Person Substituted	  	 	25	 
		
	 ARTICLE VI

DEFAULTS AND REMEDIES
	  			
			
	 Section 6.1
	  	Events of Default	  	 	25	 
	 Section 6.2
	  	Acceleration	  	 	26	 
	 Section 6.3
	  	Other Remedies	  	 	27	 
	 Section 6.4
	  	Waiver of Past Defaults	  	 	27	 
	 Section 6.5
	  	Control by Majority	  	 	28	 
	 Section 6.6
	  	Limitation on Suits	  	 	28	 
	 Section 6.7
	  	Rights of Holders of Securities to Receive Payment	  	 	28	 
	 Section 6.8
	  	Collection Suit by Trustee	  	 	29	 
	 Section 6.9
	  	Trustee May File Proofs of Claim	  	 	29	 
	 Section 6.10
	  	Priorities	  	 	29	 
	 Section 6.11
	  	Undertaking for Costs	  	 	30	 
		
	 ARTICLE VII

TRUSTEE
	  			
	  			
			
	 Section 7.1
	  	Duties of Trustee	  	 	30	 
	 Section 7.2
	  	Rights of Trustee	  	 	31	 
	 Section 7.3
	  	Individual Rights of Trustee	  	 	33	 
	 Section 7.4
	  	Trustee’s Disclaimer	  	 	33	 
	 Section 7.5
	  	Notice of Defaults	  	 	33	 
	 Section 7.6
	  	Reports by Trustee to Holders	  	 	33	 
	 Section 7.7
	  	Compensation and Indemnity	  	 	33	 
	 Section 7.8
	  	Replacement of Trustee	  	 	34	 
	 Section 7.9
	  	Successor Trustee by Merger, etc.	  	 	35	 
	 Section 7.10
	  	Eligibility; Disqualification	  	 	35	 
	 Section 7.11
	  	Preferential Collection of Claims Against Company	  	 	35	 
		
	 ARTICLE VIII

LEGAL DEFEASANCE AND COVENANT DEFEASANCE
	  			
			
	 Section 8.1
	  	Option to Effect Legal Defeasance or Covenant Defeasance	  	 	36	 
	 Section 8.2
	  	Legal Defeasance and Discharge	  	 	36	 
	 Section 8.3
	  	Covenant Defeasance	  	 	36	 

  
 -ii- 

							
	 Section 8.4
	  	 Conditions to Legal or Covenant Defeasance
	  	 	37	 
	 Section 8.5
	  	 Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous
Provisions
	  	 	38	 
	 Section 8.6
	  	 Repayment to Company
	  	 	39	 
	 Section 8.7
	  	 Reinstatement
	  	 	39	 
	
	 ARTICLE IX

AMENDMENTS AND WAIVERS
	  

 

			
	 Section 9.1
	  	 Without Consent of Holders
	  	 	40	 
	 Section 9.2
	  	 With Consent of Holders
	  	 	41	 
	 Section 9.3
	  	 Limitations
	  	 	42	 
	 Section 9.4
	  	 Compliance with Trust Indenture Act
	  	 	42	 
	 Section 9.5
	  	 Revocation and Effect of Consents
	  	 	42	 
	 Section 9.6
	  	 Notation on or Exchange of Securities
	  	 	43	 
	 Section 9.7
	  	 Trustee Protected
	  	 	43	 
	
	 ARTICLE X

GUARANTEES
	  

 

			
	 Section 10.1
	  	 Guarantees
	  	 	43	 
	
	 ARTICLE XI

SATISFACTION AND DISCHARGE
	  

 

			
	 Section 11.1
	  	 Satisfaction and Discharge
	  	 	43	 
	 Section 11.2
	  	 Application of Trust Money
	  	 	45	 
	
	 ARTICLE XII

MISCELLANEOUS
	  

 

			
	 Section 12.1
	  	 Trust Indenture Act Controls
	  	 	45	 
	 Section 12.2
	  	 Notices
	  	 	45	 
	 Section 12.3
	  	 Communication by Holders with Other Holders
	  	 	47	 
	 Section 12.4
	  	 Certificate and Opinion as to Conditions Precedent
	  	 	47	 
	 Section 12.5
	  	 Statements Required in Certificate or Opinion
	  	 	47	 
	 Section 12.6
	  	 Rules by Trustee and Agents
	  	 	48	 
	 Section 12.7
	  	 Legal Holidays
	  	 	48	 
	 Section 12.8
	  	 No Recourse Against Others
	  	 	48	 
	 Section 12.9
	  	 Counterparts
	  	 	48	 
	 Section 12.10
	  	 Electronic Transmission; Electronic Signatures
	  	 	48	 
	 Section 12.11
	  	 Governing Law; Waiver of Trial by Jury
	  	 	48	 
	 Section 12.12
	  	 No Adverse Interpretation of Other Agreements
	  	 	49	 
	 Section 12.13
	  	 Successors
	  	 	49	 
	 Section 12.14
	  	 Severability
	  	 	49	 
	 Section 12.15
	  	 Table of Contents, Headings, Etc.
	  	 	49	 
	 Section 12.16
	  	 Securities in a Foreign Currency
	  	 	49	 
	 Section 12.17
	  	 U.S.A. PATRIOT Act
	  	 	50	 

  
 -iii- 

							
	ARTICLE XIII	  			
	SINKING FUNDS	  			
			
	 Section 13.1
	  	 Applicability of Article
	  	 	50	 
	 Section 13.2
	  	 Satisfaction of Sinking Fund Payments with Securities
	  	 	50	 
	 Section 13.3
	  	 Redemption of Securities for Sinking Fund
	  	 	51	 

  
 -iv- 

 DICK’S SPORTING GOODS, INC. 

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

 

			
	 § 310(a)(1)
	  	7.10
	 (a)(2)
	  	7.10
	 (a)(3)
	  	 Not Applicable

	 (a)(4)
	  	 Not Applicable

	 (a)(5)
	  	7.10
	 (b)
	  	7.10
	 § 311(a)
	  	7.11
	 (b)
	  	7.11
	 § 312(a)
	  	2.6
	 (b)
	  	12.3
	 (c)
	  	12.3
	 § 313(a)
	  	7.6
	 (b)(1)
	  	 Not Applicable

	 (b)(2)
	  	 Not Applicable

	 (c)
	  	7.6
	 (d)
	  	7.6
	 § 314(a)
	  	4.4, 4.5
	 (b)
	  	 Not Applicable

	 (c)(1)
	  	12.4
	 (c)(2)
	  	12.4
	 (c)(3)
	  	 Not Applicable

	 (d)
	  	 Not Applicable

	 (e)
	  	12.5
	 (f)
	  	 Not Applicable

	 § 315(a)
	  	7.1
	 (b)
	  	7.5
	 (c)
	  	7.1
	 (d)
	  	7.1
	 (e)
	  	6.11
	 § 316(a)
	  	2.10
	 (a)(1)(A)
	  	6.5
	 (a)(1)(B)
	  	6.4
	 (b)
	  	6.7
	 (c)
	  	2.14
	 § 317(a)(1)
	  	6.8
	 (a)(2)
	  	6.9
	 (b)
	  	2.5
	 § 318(a)
	  	12.1

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

  
 -v- 

 Indenture dated as of January 14, 2022 between DICK’S Sporting Goods, Inc., a Delaware
corporation (“Company”), and U.S. Bank National Association, a national banking association, as trustee (“Trustee”). 

Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Securities (or
applicable Series thereof) issued under this Indenture. 
 ARTICLE I 

DEFINITIONS AND INCORPORATION BY REFERENCE 

Section 1.1 Definitions. 

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

“Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under
direct or indirect common control with such specified Person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used
with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities or by agreement or
otherwise. 
 “Agent” means any Registrar, Paying Agent or Service Agent. 

“Authorized Newspaper” means a newspaper in an official language of the country of publication customarily published at least
once a day for at least five days in each calendar week and of general circulation in the place in connection with which the term is used. If it shall be impractical in the opinion of the Trustee to make any publication of any notice required hereby
in an Authorized Newspaper, any publication or other notice in lieu thereof that is made or given by the Trustee shall constitute a sufficient publication of such notice. 

“Bearer” means anyone in possession from time to time of a Bearer Security. 

“Bearer Security” means any Security, including any interest coupon appertaining thereto, that does not provide for the
identification of the Holder thereof. 
 “Board of Directors” means the Board of Directors or comparable governing body of
the Company or any committee thereof duly authorized to act on its behalf. 
 “Board Resolution” means a copy of a
resolution adopted by the Board of Directors or by an Officer or committee of Officers pursuant to authorization or delegation by the Board of Directors. 

 “Business Day” means, unless otherwise provided by Board Resolution,
Officers’ Certificate or supplemental indenture hereto for a particular Series, any day except a Saturday, Sunday or a legal holiday in The City of New York or in the city where the Corporate Trust Office is located on which banking
institutions are authorized or required by law, regulation or executive order to close. 
 “Capital Stock” means: 

(1) in the case of a corporation, corporate stock; 

(2) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; 
 (3) in the case of a partnership or limited liability company,
partnership interests (whether general or limited) or membership interests; and 
 (4) any other interest or participation
that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, but excluding from all of the foregoing any debt securities convertible into Capital Stock, whether or not such
debt securities include any right of participation with Capital Stock. 
 “Commission” means the Securities and Exchange
Commission, as from time to time constituted, created under the Exchange Act or, if at any time after the execution of this Indenture such Commission is not existing and performing the duties now assigned to it under the TIA, then the body
performing such duties at such time. 
 “Company” means the party named as such above until a successor replaces it
pursuant to Article V hereof and thereafter means the successor. 
 “Company Order” means a written order signed in the
name of the Company by two Officers of the Company. 
 “Consolidated Net Tangible Assets” means DICK’S Sporting Goods
and its consolidated Subsidiaries’ total assets, less net goodwill and other intangible assets, less total current liabilities, in each case, as reflected on the Company’s consolidated balance sheet prepared as at the end of the most
recently completed fiscal quarter in respect of which the Company has filed financial statements with the Commission (or, if the Company is not required to so file, the most recently completed fiscal quarter in respect the Company has prepared
financial statements) . The calculation of Consolidated Net Tangible Assets shall give pro forma effect to any acquisition by or disposition of assets of the Company or any of its consolidated Subsidiaries involving the payment or receipt by the
Company or any of its consolidated Subsidiaries, as applicable, of consideration (whether in the form of cash or fair market value (as determined by the Company) of non-cash consideration) in excess of
$500,000,000 that has occurred since the applicable balance sheet date. 

  
 -2- 

 “Corporate Trust Office” means the office of the Trustee at which at any
particular time its corporate trust business shall be principally administered. 
 “Default” means any event that is, or
after notice or passage of time or both would be, an Event of Default. 
 “Depository” means, with respect to the
Securities of any Series issuable or issued in whole or in part in the form of one or more Global Securities, the Person designated as Depository for such Series by the Company, which Depository shall be a clearing agency registered under the
Exchange Act; and if at any time there is more than one such Person, “Depository” as used with respect to the Securities of any Series shall mean the Depository with respect to the Securities of such Series. 

“Discount Security” means any Security that provides for an amount less than the stated principal amount thereof to be due
and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.2. 
 “Dollars” and
“$” means the currency of The United States of America. 
 “Exchange Act” means the Securities Exchange
Act of 1934, as amended. 
 “Foreign Currency” means any currency or currency unit issued by a government other than the
government of The United States of America. 
 “Foreign Subsidiary” means any Person which is organized in any jurisdiction
other than under the laws of the United States, any state thereof or the District of Columbia. 
 “GAAP” means, unless
otherwise specified with respect to Securities of a particular Series, generally accepted accounting principles in the United States in effect from time to time. 

“Global Security” or “Global Securities” means a Security or Securities, as the case may be, in the form
established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee. 

“Government Securities” means direct obligations of, or obligations guaranteed by, the United States of America, and the
payment for which the United States pledges its full faith and credit. 
 “Guarantor” means any Person that issues a
guarantee of the Securities, either on the Issue Date or after the Issue Date in accordance with the terms of this Indenture; provided, that upon the release and discharge of such Person from its guarantee in accordance with this Indenture, such
Person shall cease to be a Guarantor. 
 “Holder” or “Securityholder” means a Person in whose name a
Security is registered or a Bearer. 

  
 -3- 

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

“interest” when used with respect to any Discount Security which by its terms bears interest only after Maturity, means
interest payable after Maturity. 
 “Issue Date” means with respect to any Series of Securities the first date such
Securities are issued under this Indenture. 
 “Maturity” when used with respect to any Security or installment of
principal thereof, means the date on which the principal of such Security or such installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption,
notice of option to elect repayment or otherwise. 
 “Officer” means the Chairman of the Board of Directors, the Chief
Executive Officer, the Chief Financial Officer, the President, the Chief Operating Officer, any Senior Vice President, any Vice President, the principal accounting officer, the Treasurer, the Secretary, any Assistant Treasurer or any Assistant
Secretary of the Company. 
 “Officers’ Certificate” means a certificate signed by two Officers, one of whom (in the
case of an Officers’ Certificate delivered under Section 4.5 hereof) must be the Company’s principal executive officer, the principal financial officer or the principal accounting officer. 

“Opinion of Counsel” means a written opinion of legal counsel who is reasonably acceptable to the Trustee. The counsel may be
an employee of or counsel to the Company. 
 “Person” or “person” means any individual, partnership,
corporation, limited liability company, joint stock company, business trust, trust, unincorporated association, joint venture or other entity, or a government or political subdivision or agency thereof. 

“principal” of a Security means the principal of the Security plus, when appropriate, the premium, if any, on, and any
Additional Amounts in respect of, the Security. 
 “Responsible Officer” means, when used with respect to the Trustee, any
officer within the corporate trust department of the Trustee, including any vice president, assistant vice president, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those
performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such Person’s knowledge of and familiarity with the particular subject and who shall have direct
responsibility or be part of the group that has such responsibility for the administration of this Indenture. 

“Securities” means the debentures, notes or other debt instruments of the Company of any Series authenticated and delivered
under this Indenture. 
 “Series” or “Series of Securities” means each series of debentures, notes or
other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof. 

  
 -4- 

 “Significant Subsidiary” means any Subsidiary of the Company which had (as
of the end of the most recently completed fiscal year in respect of which the Company has filed financial statements with the Commission (or, if the Company is not required to so file, the most recently completed fiscal year in respect the Company
has prepared financial statements)) total assets (after intercompany eliminations) exceeding 10% of the total assets of the Company and its Subsidiaries as reflected on the Company’s consolidated balance sheet prepared as at the end of a fiscal
year in accordance with GAAP which the Company shall have most recently filed with the Commission (or, if the Company is not required to so file, as reflected on the Company’s most recent consolidated balance sheet prepared as at the end of a
fiscal year in accordance with GAAP); provided that a Subsidiary will in no event constitute a Significant Subsidiary if such Subsidiary (a) neither transacts any substantial portion of its business nor regularly maintains any substantial
portion of its fixed assets within the United States, (b) is a Foreign Subsidiary, (c) is a Person all or substantially all of whose assets consist of the Capital Stock of one or more Subsidiaries of the Company which are Foreign
Subsidiaries or (d) a majority of whose Voting Stock is owned directly or indirectly by one or more Subsidiaries of the Company which are Foreign Subsidiaries. 

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

“Subsidiary” of any specified Person means any corporation, association or other business entity of which more than 50% of
the total voting power of the Voting Stock thereof is at the time owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of that Person or a combination thereof. 

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

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

“Voting Stock” of any specified Person as of any date means the Capital Stock of such Person that is at the time entitled to
vote generally in the election of the board of directors or managers of such Person (or if such Person is a partnership, the board of directors or other governing body of the general partner of such Person). 

  
 -5- 

 Section 1.2 Other Definitions. 

 

			
	 TERM
	  	 DEFINED

IN SECTION

	 “Additional Securities”
	  	2.2
	 “Applicable Deficit”
	  	8.4(a)
	 “Bankruptcy Law”
	  	6.1
	 “Covenant Defeasance”
	  	8.3
	 “Custodian”
	  	6.1
	 “Event of Default”
	  	6.1
	 “Legal Defeasance”
	  	8.2
	 “Legal Holiday”
	  	12.7
	 “Make-whole Deficit”
	  	11.1(a)
	 “mandatory sinking fund payment”
	  	13.1
	 “Market Exchange Rate”
	  	12.15
	 “optional sinking fund payment”
	  	13.1
	 “Paying Agent”
	  	2.4
	 “Registrar”
	  	2.4
	 “Service Agent”
	  	2.4

 Section 1.3 Incorporation by Reference of Trust Indenture Act. 

Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. The
following TIA terms used in this Indenture have the following meanings: 
 “indenture securities” means the Securities. 

“indenture security holder” means a Securityholder. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

“obligor” on the indenture securities means the Company, any successor obligor upon the Securities or a Guarantor. 

All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule
under the TIA and not otherwise defined herein are used herein as so defined. 
 Section 1.4 Rules of Construction. 

Unless the context otherwise requires: 

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

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

(c) “or” is not exclusive; 

  
 -6- 

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

(e) “including” means “including without limitation”; 

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

(g) provisions apply to successive events and transactions; 

(h) references to sections of or rules under the Securities Act will be deemed to include substitute, replacement of successor sections or
rules adopted by the Commission from time to time; and 
 (i) any transaction or event shall be considered “permitted by” or made
“in accordance with” or “in compliance with” this Indenture or any particular provision hereof if such transaction or event is not expressly prohibited by this Indenture or such provision, as the case may be. 

ARTICLE II 
 THE SECURITIES

 Section 2.1 Issuable in Series. 

The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities may be
issued in one or more Series. All Securities of a Series shall be identical except as may be set forth in a Board Resolution, a supplemental indenture or an Officers’ Certificate detailing the terms thereof. In the case of Securities of a
Series to be issued from time to time, the Board Resolution, Officers’ Certificate or supplemental indenture detailing the terms thereof may provide for the method by which specified terms (such as interest rate, maturity date, record date or
date from which interest shall accrue) are to be determined. Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to the benefits of this Indenture. 

Section 2.2 Establishment of Terms of Series of Securities. 

At or prior to the issuance of any Securities within a Series, the following shall be established by or pursuant to a Board Resolution, and
set forth or determined in the manner provided in a Board Resolution or in a supplemental indenture or in an Officers’ Certificate pursuant to authority granted under a Board Resolution: 

(a) the title of the Series (which shall distinguish the Securities of that particular Series from the Securities of any other Series); 

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

  
 -7- 

 (c) any limit upon the aggregate principal amount of the Securities of the Series which may
be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the Series pursuant to Section 2.7, 2.8, 2.11, 3.6
or 9.6); 
 (d) whether the Securities rank as unsubordinated Securities or subordinated Securities or any combination thereof and the terms
of any such subordination; 
 (e) the form and terms of any guarantee of any Securities of the series; 

(f) the terms and conditions, if any, upon which the Securities of the series shall be exchanged for or converted into other securities of the
Company or securities of another Person; 
 (g) whether the debt securities of the series will be secured by any collateral and, if so, the
terms and provisions of such collateral security, pledge or other agreements provided for the Securities of the Series; 
 (h) the date or
dates on which the principal of the Securities of the Series is payable; 
 (i) the rate or rates (which may be fixed or variable) per annum
or, if applicable, the method used to determine such rate or rates (including, but not limited to, any currency exchange rate, commodity, commodity index, stock exchange index or financial index) at which the Securities of the Series shall bear
interest, if any, the date or dates from which such interest, if any, shall accrue, or the method for determining the date or dates from which interest will accrue, the date or dates on which such interest, if any, shall commence and be payable and
any regular record date for the interest payable on any interest payment date; 
 (j) the manner in which the amounts of payment of
principal of or interest, if any, on the Securities of the Series will be determined, if such amounts may be determined by reference to an index based on a currency or currencies or by reference to a currency exchange rate, commodity, commodity
index, stock exchange index or financial index; 
 (k) if other than the Corporate Trust Office, the place or places where the principal of
and interest, if any, on the Securities of the Series shall be payable, where the Securities of such Series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of the Securities
of such Series and this Indenture may be served, and the method of such payment, if by wire transfer, mail or other means; 
 (l) if
applicable, the period or periods within which, the price or prices at which and the terms and conditions upon which the Securities of the Series may be redeemed at the option of the Company; 

(m) the obligation, if any, of the Company to redeem or purchase the Securities of the Series pursuant to any sinking fund or analogous
provisions or at the option of a Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the Series shall be redeemed or purchased, in whole or in part, pursuant to
such obligation; 

  
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 (n) if other than denominations of $2,000 and any integral multiple of $1,000 in excess
thereof, the denominations in which the Securities of the Series shall be issuable; 
 (o) the forms of the Securities of the Series in
bearer or fully registered form (and, if in fully registered form, whether the Securities of the Series shall be issued in whole or in part in the form of a Global Security or Securities, and the terms and conditions, if any, upon which such Global
Security or Securities may be exchanged in whole or in part for other individual Securities); 
 (p) any depositories, interest rate
calculation agents, exchange rate calculation agents or other agents with respect to Securities of such Series if other than those appointed herein; 

(q) the Trustee for the series of Securities, if other than the Trustee named on the first page hereof or its successors; 

(r) if other than the principal amount thereof, the portion of the principal amount of the Securities of the Series that shall be payable upon
declaration of acceleration of the maturity thereof pursuant to Section 6.2; 
 (s) any addition to, or modification or deletion of the
covenants set forth in Articles IV or V or elsewhere in this Indenture which applies to Securities of the Series; 
 (t) any addition to or
change in the Events of Default which applies to any Securities of the Series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable; 

(u) if other than Dollars, the currency of denomination of the Securities of the Series, which may be any Foreign Currency, and if such
currency of denomination is a composite currency, the agency or organization, if any, responsible for overseeing such composite currency; 

(v) if other than Dollars, the designation of the currency, currencies or currency units in which payment of the principal of and interest, if
any, on the Securities of the Series will be made; 
 (w) if payments of principal of or interest, if any, on the Securities of the Series
are to be made in one or more currencies or currency units other than that or those in which such Securities are denominated, the manner in which the exchange rate with respect to such payments will be determined; 

(x) the securities exchange(s) on which the Securities of the Series will be listed, if any; 

  
 -9- 

 (y) additions or deletions to or changes in the provisions relating to covenant defeasance
and legal defeasance; 
 (z) additions or deletions to or changes in the provisions relating to satisfaction and discharge of this
Indenture; 
 (aa) if and under what circumstances the Company will pay Additional Amounts on the Securities of the Series and, if so,
whether the Company will have the option to redeem the debt securities of the series rather than pay the Additional Amounts; 
 (bb) to
provide whether and upon what terms Securities of such Series may be defeased or discharged if different from the provisions set forth in this Indenture; 

(cc) additions or deletions to or changes in the provisions relating to the modification of this Indenture both with and without the consent
of holders of Securities of the Series issued under this Indenture; and 
 (dd) any other terms of the Securities of the Series (which terms
may modify, supplement or delete any provision of this Indenture with respect to such Series; provided, however, that no such term may modify or delete any provision hereof if imposed by the TIA; and provided, further, that any modification or
deletion of the rights, duties or immunities of the Trustee hereunder shall have been consented to in writing by the Trustee). 
 All
Securities of any one Series need not be issued at the same time and may be issued from time to time, consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture hereto or Officers’
Certificate referred to above, and the authorized principal amount of any Series may be increased to provide for issuances of additional Securities of such Series (the “Additional Securities”) having the same terms as the Securities
of such Series so increased in all respects, except for the issue date, the issue price, the initial interest payment date, and the initial date of interest accrual, unless otherwise provided in such Board Resolution, supplemental indenture or
Officers’ Certificate. Unless otherwise provided in such Board Resolution, supplemental indenture or Officers’ Certificate, any such Additional Securities of such Series will be consolidated with and form a single series with the
Securities of such Series so increased for all purposes under this Indenture. If the Additional Securities of a Series are not fungible with the Securities of such Series so increased for U.S. federal income tax purposes, the Additional Securities
will have a different CUSIP number. 
 The creation and issuance of a Series and the authentication and delivery thereof are not subject to
any conditions precedent. 
 Section 2.3 Execution and Authentication. 

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

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

  
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 A Security shall not be valid until authenticated by the Trustee or an authenticating agent.
The signature of the Trustee shall be conclusive evidence that the Security has been authenticated under this Indenture. 
 The Trustee
shall at any time, and from time to time, authenticate Securities for original issue in the principal amount provided in the Board Resolution, supplemental indenture hereto or Officers’ Certificate, upon receipt by the Trustee of a Company
Order. Each Security shall be dated the date of its authentication unless otherwise provided by a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate. 

The aggregate principal amount of Securities of any Series outstanding at any time may not exceed any limit upon the maximum principal amount
for such Series set forth in the Board Resolution, supplemental indenture hereto or Officers’ Certificate delivered pursuant to Section 2.2, except as provided in Section 2.9. 

Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to Section 7.2) shall be fully protected
in relying on: (a) the Board Resolution, supplemental indenture hereto or Officers’ Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the Securities of that Series or of
Securities within that Series, (b) an Officers’ Certificate complying with Section 12.4, and (c) an Opinion of Counsel complying with Section 12.4. 

The Trustee shall have the right to decline to authenticate and deliver any Securities of such Series: (a) if the Trustee, being advised
by counsel, determines that such action may not be taken lawfully; or (b) if the Trustee in good faith by its board of directors or trustees, executive committee or a trust committee of directors and/or vice-presidents shall determine that such
action would expose the Trustee to personal liability to Holders of any then outstanding Series of Securities. 
 The Trustee may appoint an
authenticating agent acceptable to the Company to authenticate Securities. An authenticating agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication
by such agent. An authenticating agent has the same rights as an Agent to deal with the Company or an Affiliate of the Company. 

Section 2.4 Registrar and Paying Agent. 

The Company shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such Series pursuant
to Section 2.2, an office or agency where Securities of such Series may be presented or surrendered for payment (“Paying Agent”), where Securities of such Series may be surrendered for registration of transfer or exchange
(“Registrar”) and where notices and demands to or upon the Company in respect of the Securities of such Series and this Indenture may be served (“Service Agent”). The Registrar shall keep a register with respect to
each Series of Securities and to their transfer and exchange. The Company will give prompt written notice to the Trustee of the name and address, and any change in the name or address, of each Registrar, Paying Agent or Service Agent. If at any time
the Company shall fail to maintain any such required Registrar, Paying Agent or Service Agent 

  
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or shall fail to furnish the Trustee with the name and address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and
the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands. 
 The Company may
also from time to time designate one or more co-registrars, additional paying agents or additional service agents and may from time to time rescind such designations; provided, however, that no such
designation or rescission shall in any manner relieve the Company of its obligations to maintain a Registrar, Paying Agent and Service Agent in each place so specified pursuant to Section 2.2 for Securities of any Series for such purposes. The
Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address of any such co-registrar, additional paying agent or additional service
agent. The term “Registrar” includes any co-registrar; the term “Paying Agent” includes any additional paying agent; and the term “Service Agent” includes any additional service
agent. 
 The Company hereby appoints the Trustee the initial Registrar, Paying Agent and Service Agent for each Series unless another
Registrar, Paying Agent or Service Agent, as the case may be, is appointed prior to the time Securities of that Series are first issued. 

Section 2.5 Paying Agent to Hold Money in Trust. 

The Company shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust, for the
benefit of Securityholders of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will promptly notify the Trustee in writing of any default by the
Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee.
Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary of the Company) shall have no further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it shall segregate and
hold in a separate trust fund for the benefit of Securityholders of any Series of Securities all money held by it as Paying Agent. 

Section 2.6 Securityholder Lists. 

The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses
of Securityholders of each Series of Securities and shall otherwise comply with TIA § 312(a). If the Trustee is not the Registrar, the Company shall furnish, or shall cause the Registrar to furnish, to the Trustee at least ten days before each
interest payment date, but in any event at least once every six months, and at such other times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of
Securityholders of each Series of Securities. 

  
 -12- 

 Section 2.7 Transfer and Exchange. 

Where Securities of a Series are presented to the Registrar or a co-registrar with a request to
register a transfer or to exchange them for an equal principal amount of Securities of the same Series, the Registrar shall register the transfer or make the exchange if its requirements for such transactions are met. To permit registrations of
transfers and exchanges, the Trustee shall authenticate Securities at the Registrar’s request. No service charge shall be made for any registration of transfer or exchange (except as otherwise expressly permitted herein), but the Company may
require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer tax or similar governmental charge payable upon exchanges pursuant to Sections 2.11, 3.6 or
9.6). 
 Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the
Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Registrar duly executed, by the Holder thereof or his attorney duly authorized in writing. 

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

Section 2.8 Mutilated, Destroyed, Lost and Stolen Securities. 

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

If there shall be delivered to the Company and the Trustee (a) evidence to their satisfaction of the destruction, loss or theft of any
Security and (b) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a bona
fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security of the same Series and of like tenor and principal
amount and bearing a number not contemporaneously outstanding. 
 In case any such mutilated, destroyed, lost or stolen Security has become
or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 
 Upon the
issuance of any new Security under this Section, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of
the Trustee) connected therewith. 

  
 -13- 

 Every new Security of any Series issued pursuant to this Section in lieu of any destroyed,
lost or stolen Security shall constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of
this Indenture equally and proportionately with any and all other Securities of that Series duly issued hereunder. 
 The provisions of this
Section are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 

Section 2.9 Outstanding Securities. 

Subject to Section 2.10, the Securities outstanding at any time are all the Securities authenticated by the Trustee except for those
canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Security effected by the Trustee in accordance with the provisions hereof and those described in this Section as not outstanding. 

If a Security is replaced pursuant to Section 2.8, it ceases to be outstanding until the Trustee receives proof satisfactory to it that
the replaced Security is held by a bona fide purchaser. 
 If the Paying Agent (other than the Company, a Subsidiary of the Company or an
Affiliate of the Company) holds as of 11:00 a.m. Eastern Time on the date of Maturity of Securities of a Series or on any day thereafter (in the case money is deposited by the Company following the date of Maturity) money sufficient to pay such
Securities payable on such date of Maturity or on any such later date, as the case may be, then on and after such date of Maturity or such later date, as the case may be, such Securities of the Series cease to be outstanding and interest on them
ceases to accrue. 
 A Security does not cease to be outstanding because the Company or an Affiliate of the Company holds the Security. 

In determining whether the Holders of the requisite principal amount of outstanding Securities have given any request, demand, authorization,
direction, notice, consent or waiver hereunder, the principal amount of a Discount Security that shall be deemed to be outstanding for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such
determination upon a declaration of acceleration of the Maturity thereof pursuant to Section 6.2. 
 Section 2.10 Treasury
Securities. 
 In determining whether the Holders of the required principal amount of Securities of a Series have concurred in any
request, demand, authorization, direction, notice, consent or waiver, Securities of a Series owned by the Company or an Affiliate of the Company shall be disregarded, except that for the purposes of determining whether the Trustee shall be protected
in relying on any such request, demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible Officer of the Trustee knows are so owned shall be so disregarded. 

  
 -14- 

 Section 2.11 Temporary Securities. 

Until definitive Securities are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary Securities upon a
Company Order. Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable delay, the Company shall prepare and the
Trustee upon request shall authenticate definitive Securities of the same Series and date of maturity in exchange for temporary Securities. Until so exchanged, temporary Securities shall have the same rights under this Indenture as the definitive
Securities. 
 Section 2.12 Cancellation. 

The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the
Trustee any Securities surrendered to them for registration of transfer, exchange, replacement or payment. The Trustee shall cancel all Securities surrendered for transfer, exchange, payment, replacement or cancellation and deliver such canceled
Securities to the Company, unless the Company otherwise directs; provided that the Trustee shall not be required to destroy such Securities. Except as otherwise permitted by this Indenture, the Company may not issue new Securities to replace
Securities that it has paid or delivered to the Trustee for cancellation. 
 Section 2.13 Defaulted Interest. 

If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest to the Persons who are
Securityholders of the Series on a subsequent special record date. The Company shall fix such special record date and the related payment date. At least 15 days before such special record date, the Company shall mail to the Trustee and to each
Securityholder of the Series (or the Trustee shall mail on behalf of the Company, upon the Company’s written request no less than 5 Business Days prior to the date such notice is to be mailed, or such shorter time as may be acceptable to the
Trustee) a notice that states such special record date, the related payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner. 

Section 2.14 Special Record Dates. 

(a) The Company may, but shall not be obligated to, set a record date for the purpose of determining the identity of Holders entitled to
consent to any supplement, amendment or waiver permitted by this Indenture. If a record date is fixed, the Holders of such Series and Securities outstanding on such record date, and no other Holders, shall be entitled to consent to such supplement,
amendment or waiver or revoke any consent previously given, whether or not such Holders remain Holders after such record date. No consent shall be valid or effective for more than 120 days after such record date unless consents from Holders of the
principal amount of such Series and Securities required hereunder for such amendment or waiver to be effective shall have also been given and not revoked within such 120-day period. 

  
 -15- 

 (b) The Company may, but shall not be obligated to, fix any day as a record date for the
purpose of determining the Holders of any Series of Securities entitled to join in the giving or making of any notice of Default, any declaration of acceleration, any request to institute proceedings or any other similar direction. If a record date
is fixed, the Holders of such Series and Securities outstanding on such record date, and no other Holders, shall be entitled to join in such notice, declaration, request or direction, whether or not such Holders remain Holders after such record
date; provided, however, that no such action shall be effective hereunder unless taken on or prior to the date 120 days after such record date. 

(c) To the extent reasonably practicable, the Company shall give the Trustee a 15-day advance (or such
shorter notice as may be acceptable to the Trustee) written notice of any special record date set in accordance with this Section 2.14. 

Section 2.15 Global Securities. 

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

(b) Transfer and Exchange. Notwithstanding any provisions to the contrary contained in Section 2.7 of this Indenture and in
addition thereto, a beneficial interest in a Global Security shall be exchangeable pursuant to Section 2.7 of this Indenture for Securities registered in the names of Holders other than the Depository for such Security or its nominee only if
(i) such Depository notifies the Company that it is unwilling or unable to continue as Depository for such Global Security or if at any time such Depository ceases to be a clearing agency registered under the Exchange Act, and, in either case,
the Company fails to appoint a successor Depository registered as a clearing agency under the Exchange Act within 120 days of such event, (ii) the Company executes and delivers to the Trustee an Officers’ Certificate to the effect that
such Global Security shall be so exchangeable (subject to the procedures of the Depository) or (iii) an Event of Default with respect to the Securities represented by such Global Security has occurred and is continuing and the Depository
notifies the trustee of its decision to so exchange the Global Securities. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Securities registered in such names as the Depository, pursuant to
instructions from its direct or indirect participants or otherwise, shall instruct the Trustee in an aggregate principal amount equal to the principal amount of the Global Security with like tenor and terms. 

Unless and until it is exchanged as set forth in this Section 2.15(b), a Global Security may not be transferred except as a whole by the
Depository with respect to such Global Security to a nominee of such Depository, by a nominee of such Depository to such Depository or another nominee of such Depository or by the Depository or any such nominee to a successor Depository or a nominee
of such a successor Depository. 
 The aggregate principal amount of a Global Security may from time to time be increased or decreased by
adjustments made on the records of the Trustee, as custodian for the Depository or its nominee. 

  
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 (c) Legend. Unless otherwise indicated for a particular Series of Securities by a
Board Resolution, a supplemental indenture or an Officers’ Certificate, any Global Security of such Series issued hereunder shall bear a legend in substantially the following form: 

“Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York
corporation (“DTC”), New York, New York, to the issuer or its agent for registration of transfer, exchange or payment, and any certificate issued is registered in the name of Cede & Co. or such other name as may be requested by an
authorized representative of DTC (and any payment is made to Cede & Co. or such other entity as may be requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co. has an interest herein.” 
 “Transfer
of this Global Security shall be limited to transfers in whole, but not in part, to DTC, to nominees of DTC or to a successor thereof or such successor’s nominee and limited to transfers made in accordance with the restrictions set forth in the
Indenture referred to herein.” 
 (d) Acts of Holders. The Depository, as a Holder, may appoint agents and otherwise authorize
participants to give or take any request, demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under this Indenture. 

(e) Payments. Notwithstanding the other provisions of this Indenture, unless otherwise specified as contemplated by Section 2.2,
payment of the principal of and interest, if any, on any Global Security shall be made to the Holder thereof. 
 Section 2.16 CUSIP
Numbers. 
 The Company in issuing the Securities may use “CUSIP” and/or other similar security identifying numbers, and, if
so, the Trustee shall use “CUSIP” numbers (and/or any such other security identifying numbers) in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the
correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities, and any such redemption shall not
be affected by any defect in or omission of such numbers. 
 Section 2.17 Persons Deemed Owners. 

Prior to due presentment of a Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may
treat the Person in whose name such Security is registered in the register kept by the Registrar as the owner of such Security for the purpose of receiving payment of principal of and (subject to the record date provisions thereof) interest on and
any Additional Amounts with respect to, such Security and for all other purposes whatsoever, whether or not any payment with respect to such Security shall be overdue, and none of the Company, the Trustee or any agent of the Company or the Trustee
shall be affected by notice to the contrary. The Company, the Trustee and any agent of the Company or the 

  
 -17- 

 
Trustee may treat the Bearer as the absolute owner thereof for the purpose of receiving payment of principal of and interest on and any Additional Amounts with respect to, such Security and for
all other purposes whatsoever, whether or not any payment with respect to such Security shall be overdue, and none of the Company, the Trustee or any agent of the Company or the Trustee shall be affected by notice to the contrary. 

No holder of any beneficial interest in any Global Security held on its behalf by a Depository shall have any rights under this Indenture with
respect to such Global Security, and such Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the owner of such Global Security for all purposes under this Indenture. None of the Company, the Trustee,
any Paying Agent or the Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Global Security or for maintaining, supervising or reviewing any
records relating to such beneficial ownership interests. Notwithstanding the foregoing, nothing herein shall prevent the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depository
or impair, as between the Depository and its participants, the operation of customary practices of such Depository governing the exercise of the rights of an owner of a beneficial interest in the Securities. 

ARTICLE III 
 REDEMPTION 

Section 3.1 Notice to Trustee. 

The Company may, with respect to any Series of Securities, reserve the right to redeem and pay the Series of Securities or may covenant to
redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on such terms as provided for in such Securities. If a Series of Securities is redeemable and the Company wants or is obligated to
redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such Securities, it shall notify the Trustee of the redemption date and the principal amount of Series of Securities to be redeemed. The
Company shall give the Trustee notice of the redemption date at least 5 Business Days (or such shorter notice as may be acceptable to the Trustee) before the applicable notice of redemption is to be given to Holders. Any such notice may be cancelled
at any time prior to notice of such redemption being given to Holders. Any such cancelled notice shall be void and of no effect. 
 If the
Company wants to credit any Securities previously redeemed, retired or acquired against any redemption pursuant to any provisions of such Securities requiring the Company to redeem such Securities, it shall notify the Trustee of the amount of the
credit and it shall deliver any Securities not previously delivered to the Trustee for cancellation with such notice. 
 Section 3.2
Selection of Securities to be Redeemed. 
 Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental
indenture or an Officers’ Certificate, if less than all the Securities of a Series are to be redeemed, the Trustee (or the Depository, as applicable) shall select the Securities of the Series to be redeemed by such method as the Trustee (or the
Depository, as applicable) shall deem fair and appropriate. 

  
 -18- 

 In the case of a partial redemption, selection of the Securities of the Series called for
redemption will be made pro rata, by lot or by such other method as the Trustee (or the Depository, as applicable) in its sole discretion deems appropriate and fair. No Securities of a principal amount of $2,000 or less will be redeemed in part. If
any Security is to be redeemed in part only, the notice of redemption that relates to such Security will state the portion of the principal amount of such Security to be redeemed. A new Security in a principal amount equal to the unredeemed portion
of such Security will be issued in the name of the holder of such Security upon surrender for cancellation of the original Security. For so long as the Securities are held by the Depository, the redemption of the Securities of a Series shall be done
in accordance with the policies and procedures of the Depository. Provisions of this Indenture that apply to Securities of a Series called for redemption also apply to portions of Securities of that Series called for redemption. 

Section 3.3 Notice of Redemption. 

Unless otherwise indicated for a particular Series by Board Resolution, a supplemental indenture hereto or an Officers’ Certificate, at
least 10 days but not more than 60 days before a redemption date, the Company shall mail or electronically deliver (or otherwise transmit in accordance with the Depository’s procedures) a notice of redemption to each Holder whose Securities are
to be redeemed and if any Bearer Securities are outstanding, publish on one occasion a notice in an Authorized Newspaper, except that redemption notices may be given more than 60 days prior to a redemption date if the notice is issued in connection
with a defeasance of the Series of Securities or a satisfaction and discharge of this Indenture pursuant to Articles VIII or XI hereof. 

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

(a) the redemption date and any conditions precedent to such redemption; 

(b) the redemption price (or if not then ascertainable, the manner of calculation thereof); 

(c) if any Security is being redeemed in part, the portion of the principal amount of such Security to be redeemed; 

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

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

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

(g) the CUSIP number, if any, and that no representation is made as to the correctness of such numbers either as printed on the Securities or
as contained in any notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities; and 

  
 -19- 

 (h) any other information as may be required by the terms of the particular Series or the
Securities of a Series being redeemed. 
 Any notice of redemption may be given prior to the redemption thereof, and any such notice of
redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of a qualified equity offering, other financing or other corporate transaction. If a redemption is subject to
satisfaction of one or more conditions precedent, the notice of redemption may be rescinded in the event that any or all of the conditions shall not have been satisfied on or prior to the redemption date. Any notice of redemption may provide that
payment of the redemption price and the Company’s obligations with respect to the redemption may be performed by another Person. Upon the Company’s written request, delivered no fewer than 5 Business Days (or such shorter time as may be
acceptable to the Trustee) prior to the date such notice of redemption is to be given to the Holders, the Trustee shall give the notice of redemption in the Company’s name and at its expense. 

Section 3.4 Effect of Notice of Redemption. 

Once notice of redemption is delivered or published as provided in Section 3.3, Securities of a Series called for redemption become due
and payable on the redemption date and at the redemption price specified in such notice, subject to satisfaction of any condition precedent to such redemption set forth therein. If money sufficient to pay the redemption price of and accrued interest
on the Securities of a Series to be redeemed is deposited with the Trustee on or before the redemption date, on and after the redemption date interest will cease to accrue on the Securities of a Series (or such portions thereof) called for
redemption and such Securities will cease to be outstanding. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to the redemption date; provided that, unless otherwise specified with
respect to such Securities pursuant to Section 2.2 hereof, installments of interest whose Stated Maturity is on or prior to the redemption date shall be payable to the Holders of such Securities (or one or more predecessor Securities)
registered at the close of business on the relevant record date therefor according to their terms and the terms of this Indenture. 

Section 3.5 Deposit of Redemption Price. 

On or before the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued
interest, if any, on all Securities to be redeemed on that date. 
 Section 3.6 Securities Redeemed in Part. 

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

  
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 ARTICLE IV 

COVENANTS 
 Section 4.1
Payment of Principal and Interest. 
 The Company covenants and agrees for the benefit of the Holders of each Series of Securities
that it will pay or cause to be paid the principal of, and premium, if any, and interest on, the Securities of that Series on the dates and in the manner provided in such Securities. Principal of, and premium, if any, and interest on any Series of
Securities will be considered paid on the date due if the Paying Agent, if other than the Company or a Subsidiary thereof, holds as of 11:00 a.m. Eastern Time on the due date money deposited by the Company in immediately available funds and
designated for and sufficient to pay all principal, premium, if any, and interest then due. 
 The Company covenants and agrees for the
benefit of the Holders of each Series of Securities that it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal with respect to such Securities at the rate specified therefor in the
Securities. 
 Section 4.2 Additional Amounts. 

If any Securities of a Series provide for the payment of Additional Amounts, the Company agrees to pay to the Holder of any such Security
Additional Amounts as provided in or pursuant to this Indenture or such Securities. Whenever in this Indenture there is mentioned, in any context, the payment of the principal of or interest on, or in respect of, any Security of any Series, such
mention shall be deemed to include mention of the payment of Additional Amounts provided by the terms of such Series established hereby or pursuant hereto to the extent that, in such context, Additional Amounts are, were or would be payable in
respect thereof pursuant to such terms, and express mention of the payment of Additional Amounts (if applicable) in any provision hereof shall not be construed as excluding Additional Amounts in those provisions hereof where such express mention is
not made. 
 Section 4.3 Maintenance of Office or Agency. 

The Company covenants and agrees for the benefit of the Holders of each Series of Securities that it will maintain an office or agency (which
may be an office of the Trustee for such Securities or an Affiliate of such Trustee, Registrar for such Securities or co-registrar) in the United States where such Securities may be surrendered for
registration of transfer or for exchange and where notices and demands to or upon the Company in respect of such Securities and this Indenture may be served. The Company will give prompt written notice to the Trustee for such Securities of the
location, and any change in the location, of such office or agency. If at any time the Company fails to maintain any such required office or agency or fails to furnish such Trustee with the address thereof, such presentations, surrenders, notices
and demands may be made or served at the Corporate Trust Office of such Trustee. 

  
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 The Company may also from time to time designate one or more other offices or agencies where
Holders of a Series of Securities may present or surrender such Securities for any or all such purposes and may from time to time rescind such designations. The Company will give prompt written notice to the Trustee for such Series of Securities of
any such designation or rescission and of any change in the location of any such other office or agency. 
 With respect to each Series of
Securities, the Company hereby designates the Corporate Trust Office of the Trustee for such Securities as one such office or agency of the Company in accordance with Section 2.4 hereof. 

Section 4.4 Commission Reports. 

Unless otherwise specified with respect to Securities of a particular Series pursuant to Section 2.2, the Company shall, so long as any
securities of a particular Series are outstanding, file with the Trustee and the Commission, such information, documents and other reports, and such summaries thereof, as may be required pursuant to the Trust Indenture Act at the times and in the
manner provided pursuant to such Act; provided that any such information, documents or reports required to be filed with the Commission pursuant to Section 13 or 15(d) of the Exchange Act shall be filed with the Trustee within 15 days after the
same is so required to be filed with the Commission. The Company will be deemed to have complied with the obligations described in the immediately previous sentence to the extent that the information, documents and reports are filed with the
Commission via EDGAR (or any successor electronic delivery procedure) and posted on the Company’s website or otherwise publicly available. 

Delivery of the reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt shall not
constitute actual or constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of the covenants under this Indenture as to which the Trustee is
entitled to rely conclusively on an Officers’ Certificate. The Trustee shall have no liability or responsibility for the filing, timeliness or content of such reports. The Trustee shall have no duty to review or analyze reports, information or
documents to ensure compliance with any provision of this Indenture or to ascertain the correctness or otherwise of the information or statements contained therein. 

Section 4.5 Compliance Certificate. 

The Company and each Guarantor of any Series of Securities (to the extent that such guarantor is so required under the TIA) shall deliver to
the Trustee with respect to such Series, within 120 days after the end of each fiscal year, an Officers’ Certificate stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made
under the supervision of the signing Officers with a view to determining whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate,
that to the best of his or her knowledge the Company has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions and
conditions of this Indenture (or, if a Default or Event of Default has occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and 

  
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what action the Company is taking or proposes to take with respect thereto) and that to the best of his or her knowledge no event has occurred and remains in existence by reason of which payments
on account of the principal of or interest, if any, on the Series of Securities is prohibited or if such event has occurred, a description of the event and what action the Company is taking or proposes to take with respect thereto. 

Section 4.6 Waiver of Stay or Extension Laws. The Company covenants and agrees for the benefit of the Holders of each Series of
Securities (to the extent that it may lawfully do so) that it will not, and each Guarantor of such Securities will not, at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law
wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of this Indenture; and the Company and each such Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or
advantage of any such law, and covenants that it will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee for such Securities, but will suffer and permit the execution of every such power
as though no such law has been enacted. 
 Section 4.7 Existence. 

Subject to Article V hereof, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its
legal existence. 
 Section 4.8 Limitations on Liens. Unless otherwise specified with respect to Securities of a particular
Series pursuant to Section 2.2, the Company, so long as any securities of a particular Series are outstanding, will not permit any Significant Subsidiary to, incur, issue, assume or guarantee any indebtedness for money borrowed if such
indebtedness is secured by a pledge of, lien on or security interest in any shares of Voting Stock of any Significant Subsidiary, whether such Voting Stock is now owned or is hereafter acquired, without providing that the Securities of such Series
shall be secured equally and ratably with, or (at the Company’s option) prior to, such secured indebtedness, so long as such indebtedness shall be so secured. The foregoing limitation shall not apply to indebtedness: 

1. secured by a pledge of, lien on or security interest in any shares of Voting Stock of any entity at the time it becomes a
Significant Subsidiary; 
 2. of a Subsidiary owed to the Company or indebtedness of a Subsidiary owed to another Subsidiary;

 3. existing on the date of initial issuance of the Securities of a particular Series; 

4. in a principal amount that, together with all other indebtedness for money borrowed of the Company and its Subsidiaries
similarly secured by liens on shares of Voting Stock pursuant to this clause (4), does not exceed, as of the date of incurrence, issuance, assumption or guarantee, the greater of (a) 15% of Consolidated Net Tangible Assets, calculated at the time
such indebtedness is incurred, issued, assumed or guaranteed, and (b) $350,000,000; and 

  
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 5. incurred for the sole purpose of extending, renewing, replacing or
refinancing indebtedness secured by any lien referred to in the foregoing clauses (1) to (4) or any successive extension, renewal, replacement or refinancing of such indebtedness; provided, however, that the principal amount of indebtedness
secured by that lien, pledge or security interest shall not exceed the principal amount of indebtedness so secured at the time of such extension, renewal, replacement or refinancing, plus any accrued interest, if any, on the indebtedness being
extended, renewed, replaced or refinanced, plus amounts necessary to pay any fees and expenses, including premiums relating to such extension, renewal, replacement or refinancing. 

ARTICLE V 
 SUCCESSORS 

Section 5.1 Merger, Consolidation, or Sale of Assets. 

The Company covenants and agrees for the benefit of the Holders of each Series of Securities that the Company shall not, directly or
indirectly (a) consolidate or merge with or into another Person (whether or not the Company is the surviving Person) or (b) sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of the properties or assets
owned by the Company and its Subsidiaries taken as a whole, in one or more related transactions, to another Person, unless in the case of clause (a) or (b): 

(i) the Company shall be the continuing entity, or the resulting, surviving or transferee Person shall be a corporation,
partnership, limited liability company, trust or other entity organized and validly existing under the laws of the United States, any state thereof or the District of Columbia, and such successor Person (if not the Company) shall expressly assume,
by a supplemental indenture, executed and delivered to the Trustee, in form reasonably satisfactory to the Trustee, all the obligations of the Company under the Securities and this Indenture (including, without limitation, the obligation to convert
or exchange any Securities that are convertible into or exchangeable for other securities or property in accordance with the provisions of such Securities and this Indenture); 

(ii) immediately after such transaction, no Default or Event of Default exists; and 

(iii) the Company shall deliver to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such
consolidation, merger, sale, assignment, transfer, lease, conveyance or other disposition and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture complies with this Article V and that all
conditions precedent herein provided for relating to such transaction have been complied with. 
 This Section 5.1 will not apply to:

  

	 	(1)	 a merger between the Company and an Affiliate organized under the laws of the United States, any state thereof
or the District of Columbia solely for the purpose of reincorporating the Company in another jurisdiction; or 

  
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 (2) any sale, assignment, transfer, conveyance, lease or other disposition
of assets between or among the Company and its Subsidiaries. 
 Section 5.2 Successor Person Substituted. 

Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or other disposition of all or substantially all of the
properties or assets of the Company in a transaction that is subject to, and that complies with the provisions of, Section 5.1 hereof, the successor Person formed by such consolidation or into or with which the Company is merged or to which
such sale, assignment, transfer, lease, conveyance or other disposition is made shall succeed to, and be substituted for (so that from and after the date of such consolidation, merger, sale, assignment, transfer, lease, conveyance or other
disposition, the provisions of this Indenture referring to the “Company” shall refer instead to the successor Person and not to the Company), and may exercise every right and power of the Company under this Indenture with the same effect
as if such successor Person had been named as the Company herein and, except in the case of a lease, the Company shall be automatically released and discharged from all obligations and covenants under this Indenture and the Securities. 

ARTICLE VI 
 DEFAULTS AND
REMEDIES 
 Section 6.1 Events of Default. 

“Event of Default,” wherever used herein with respect to Securities of any Series, means any one of the following events,
unless in the establishing Board Resolution, supplemental indenture or Officers’ Certificate, it is provided that such Series shall not have the benefit of said Event of Default: 

(a) default in the payment of any interest on any Security of that Series when it becomes due and payable, and continuance of such default for
a period of 30 days with respect to any Security of that Series; 
 (b) default in payment of the principal of, or premium, if any, on any
Security of that Series when due; 
 (c) default, for 90 days after receipt of written notice given by the Trustee or the Holders of not
less than 25% in principal amount of the Securities of that Series then outstanding under this Indenture, in the performance or breach of any covenant for the benefit of the Holders of the Securities of that Series (other than a default referred to
in clauses (a) and (b) above and other than a covenant which has been included in this Indenture solely for the benefit of any Series of Securities other than that Series); 

(d) [reserved]; 
 (e)
[reserved]; 

  
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 (f) the Company pursuant to or within the meaning of any Bankruptcy Law: 

(i) commences a voluntary case, 

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

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

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

(v) generally is not paying its debts as the same become due or admits in writing that it is unable to pay its debts as the
same become due; 
 (g) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against the Company in an involuntary case, 

(ii) appoints a Custodian of the Company or for all or substantially all of its property, or 

(iii) orders the liquidation of the Company, 

and in each case the order or decree remains unstayed and in effect for 60 days; and 

(h) any other Event of Default provided with respect to Securities of that Series, which is specified in a Board Resolution, a supplemental
indenture hereto or an Officers’ Certificate, in accordance with Section 2.2. 
 The term “Bankruptcy Law” means
title 11, U.S. Code or any similar Federal or State law for the relief of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 

A Default under clause (c) above is not an Event of Default with respect to a particular Series of Securities until the Trustee notifies
the Company, or the Holders of more than 25% in principal amount of the then outstanding Securities of that Series notify the Company and the Trustee of the Default, and the Company does not cure the Default within 90 days after receipt of the
notice. The notice must specify the Default, demand that it be remedied and state that the notice is a “Notice of Default.” Such notice shall be given by the Trustee if so requested in writing by the Holders of more than 25% of the
principal amount of the then outstanding Securities of that Series. 
 Section 6.2 Acceleration. 

If an Event of Default with respect to Securities of any Series at the time outstanding occurs and is continuing (other than an Event of
Default referred to in Section 6.1(f) or (g)) then in every such case the Trustee or the Holders of more than 25% in principal amount of the outstanding Securities of that Series may declare the principal amount (or, if any Securities of

  
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that Series are Discount Securities, such portion of the principal amount as may be specified in the terms of such Securities) of and accrued and unpaid interest, if any, on all of the Securities
of that Series to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified amount) and accrued and unpaid interest, if any,
shall become immediately due and payable. If an Event of Default specified in Section 6.1(f) or (g) shall occur, the principal amount (or specified amount) of and accrued and unpaid interest, if any, on all outstanding Securities shall
ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. 
 At
any time after such a declaration of acceleration with respect to any Series has been made, the Holders of a majority in principal amount of the outstanding Securities of that Series, by written notice to the Company and the Trustee, may rescind and
annul such declaration and its consequences if the rescission would not conflict with any judgment or decree of a court of competent jurisdiction. 

No such rescission shall affect any subsequent Default or impair any right consequent thereon. 

Section 6.3 Other Remedies. 

If an Event of Default with respect to Securities of any Series at the time outstanding occurs and is continuing, the Trustee may pursue any
available remedy to collect the payment of principal of and, premium, if any, and interest on such Securities or to enforce the performance of any provision of such Securities or this Indenture. 

The Trustee for such Securities may maintain a proceeding even if it does not possess any of such Securities or does not produce any of them
in the proceeding. A delay or omission by the Trustee or any Holder of Securities in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of
Default. All remedies are cumulative to the extent permitted by law. 
 Section 6.4 Waiver of Past Defaults. 

Holders of not less than a majority in aggregate principal amount of the then outstanding Securities of any Series by notice to the Trustee
for such Securities may on behalf of the Holders of all of such Securities waive an existing Default or Event of Default with respect to such Securities and its consequences hereunder, except a continuing Default or Event of Default in the payment
of the principal of, or premium, if any, or interest on, such Securities or in respect of a covenant or provision hereof which under Article IX cannot be modified or amended without the consent of the Holder of each outstanding Security of the
Series affected; provided, however, that the Holders of a majority in aggregate principal amount of the then outstanding Securities of any Series may rescind an acceleration of such Securities and its consequences, including any related payment
default that resulted from such acceleration, in accordance with Section 6.2. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this
Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 

  
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 Section 6.5 Control by Majority. 

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

Section 6.6 Limitation on Suits. 

A Holder of any Series of Securities may pursue a remedy with respect to this Indenture or such Securities only if: 

(a) such Holder gives to the Trustee for such Securities written notice that an Event of Default with respect to such Series is continuing;

 (b) Holders of more than 25% in aggregate principal amount of the then outstanding Securities of such Series make a written request to
the Trustee for such Securities to pursue the remedy; 
 (c) such Holder or Holders offer and, if requested, provide to the Trustee for such
Securities security or indemnity reasonably satisfactory to such Trustee against any loss, liability or expense; 
 (d) such Trustee does
not comply with the request within 90 days after receipt of the request and the offer of security or indemnity; and 
 (e) during such 90-day period, Holders of a majority in aggregate principal amount of the then outstanding Securities of such Series do not give such Trustee a direction inconsistent with such request. 

A Holder of any Series of Securities may not use this Indenture to prejudice the rights of another Holder of such Series of Securities or to
obtain a preference or priority over another Holder of Securities of such Series. 
 Section 6.7 Rights of Holders of Securities to
Receive Payment. 
 Notwithstanding any other provision of this Indenture, the right of any Holder of a Security of any Series to
receive payment of principal of and, premium, if any, and interest on such Securities, on or after the respective due dates expressed in such Securities (including, if applicable, in connection with an offer to purchase), or to bring suit for the
enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 

  
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 Section 6.8 Collection Suit by Trustee. 

If an Event of Default specified in Section 6.1(a) or (b) hereof with respect to Securities of any Series occurs and is continuing,
the Trustee for such Securities is authorized to recover judgment in its own name and as trustee of an express trust against the Company for the whole amount of principal of and, premium, if any, and interest remaining unpaid on, such Securities and
interest on overdue principal and, to the extent lawful, overdue interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of
such Trustee, its agents and counsel. 
 Section 6.9 Trustee May File Proofs of Claim. 

The Trustee for each Series of Securities is authorized to file such proofs of claim and other papers or documents as may be necessary or
advisable in order to have the claims of such Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of such Trustee, its agents and counsel) and the Holders of the Securities for which it acts as trustee
allowed in any judicial proceedings relative to the Company (or any other obligor upon such Securities), its creditors or its property and shall be entitled and empowered to collect, receive and distribute any money or other property payable or
deliverable on any such claims and any custodian in any such judicial proceeding is hereby authorized by each Holder of such Securities to make such payments to such Trustee, and in the event that such Trustee shall consent to the making of such
payments directly to such Holders, to pay to such Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of such Trustee, its agents and counsel, and any other amounts due such Trustee under this
Indenture. To the extent that the payment of any such compensation, expenses, disbursements and advances of such Trustee, its agents and counsel, and any other amounts due such Trustee out of the estate in any such proceeding, shall be denied for
any reason, payment of the same shall be secured by a lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties that such Holders may be entitled to receive in such proceeding whether in
liquidation or under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be deemed to authorize such Trustee to authorize or consent to or accept or adopt on behalf of any Holder for which it acts as trustee any
plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of such Holder, or to authorize such Trustee to vote in respect of the claim of any such Holder in any such proceeding. 

Section 6.10 Priorities. 

If the Trustee of any Series of Securities collects any money pursuant to this Article VI, it shall pay out the money in the following order:

 First: to the Trustee, Paying Agent, Registrar and their agents and attorneys for amounts due under this Indenture,
including payment of all compensation, expenses and liabilities incurred, and all advances made, by the Trustee and the costs and expenses of collection; 

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

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

Subject to Section 2.14 hereof, the Trustee may fix a record date and payment date for any payment to Holders of Securities pursuant to
this Section 6.10. 
 Section 6.11 Undertaking for Costs. 

In any suit for the enforcement of any right or remedy under this Indenture or in any suit against any Trustee for any action taken or omitted
by it as a trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’
fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder of a Security
pursuant to Section 6.6 hereof, or a suit by Holders of more than 10% in aggregate principal amount of the then outstanding Securities of any Series. 

ARTICLE VII 
 TRUSTEE 

Section 7.1 Duties of Trustee. 

(a) Subject to Section 7.2(h), if an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers
vested in it by this Indenture and use the same degree of care and skill in their exercise as a prudent Person would exercise or use under the circumstances in the conduct of such Person’s own affairs. 

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

(i) The Trustee need perform only those duties that are specifically set forth in this Indenture and no others. 

(ii) In the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the
correctness of the opinions expressed therein, upon Officers’ Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this Indenture; however, in the case of any such Officers’ Certificates or
Opinions of Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officers’ Certificates and Opinions of Counsel to determine whether or not they conform to the
requirements of this Indenture, but need not verify the contents thereof. 

  
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 (c) The Trustee may not be relieved from liability for its own grossly negligent action, its
own grossly negligent failure to act or its own willful misconduct, except that: 
 (i) This paragraph does not limit the
effect of paragraph (b) of this Section. 
 (ii) The Trustee shall not be liable for any error of judgment made in good
faith by it, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts. 
 (iii) The Trustee
shall not be liable with respect to any action taken, suffered or omitted to be taken by it with respect to Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding
Securities of such Series relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities
of such Series. 
 (d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraph (a), (b) and
(c) of this Section. 
 (e) The Trustee may refuse to perform any duty or exercise any right or power at the request or direction of
any Holder unless it receives indemnity satisfactory to it against any loss, liability or expense. 
 (f) The Trustee shall not be liable
for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. 

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

(h) The Paying Agent, the Registrar and any authenticating agent shall be entitled to the protections, immunities and standard of care as are
set forth in paragraphs (a), (b) and (c) of this Section with respect to the Trustee. 
 Section 7.2 Rights of Trustee.

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

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

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

(d) The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be authorized or within its
rights or powers, provided that the Trustee’s conduct does not constitute gross negligence or willful misconduct. 
 (e) The Trustee
shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders of Securities unless such Holders shall have offered to the Trustee reasonable security or
indemnity against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 
 (f) The
Trustee may consult with counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder without negligence
and in good faith and in reliance thereon. 
 (g) The Trustee shall not be bound to make any investigation into the facts or matters stated
in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such
further inquiry or investigation into such facts or matters as it may see fit. 
 (h) The Trustee shall not be deemed to have notice of any
Default or Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and
such notice references the Securities generally or the Securities of a particular Series and this Indenture. 
 (i) The Trustee shall not be
required to provide any bond or surety with respect to the execution of these trusts and powers. 
 (j) In no event shall the Trustee be
responsible or liable for special, indirect, punitive, incidental or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such
loss or damage and regardless of the form of action. 
 (k) Neither the Trustee, Paying Agent or Registrar shall have any liability or
responsibility for any calculation hereunder or in connection with the Securities, or for any information used in connection with any such calculation. 

  
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 (l) None of the permissive rights of the Trustee enumerated in this Indenture shall be
construed as a duty. 
 Section 7.3 Individual Rights of Trustee. 

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

Section 7.4 Trustee’s Disclaimer. 

The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities, it shall not be accountable for the
Company’s use of the proceeds from the Securities, and it shall not be responsible for any statement in the Securities other than its authentication of such Securities. 

Section 7.5 Notice of Defaults. 

If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if it is known to a Responsible
Officer of the Trustee, the Trustee shall mail to each Securityholder of the Securities of that Series and, if any Bearer Securities are outstanding, mail in the manner provided by in TIA § 313(c), notice of a Default or Event of Default within
90 days after it occurs. Except in the case of a Default or Event of Default in payment of principal of or interest on any Security of any Series, the Trustee may withhold the notice if and so long as its corporate trust committee or a committee of
its Responsible Officers in good faith determines that withholding the notice is in the interests of Securityholders of that Series. 

Section 7.6 Reports by Trustee to Holders. 

Within 60 days after May 15 in each year following the issuance of a Series of Securities under this Indenture, the Trustee shall
transmit by mail to all Securityholders, as their names and addresses appear on the register kept by the Registrar and, if any Bearer Securities are outstanding, transmit by mail in accordance with TIA § 313(c), a brief report dated as of such
May 15, in accordance with, and to the extent required under, TIA § 313(a). 
 A copy of each report at the time of its mailing to
Securityholders of any Series shall be filed by the Trustee with the Commission and each stock exchange on which the Securities of that Series are listed, if any. The Company shall promptly notify the Trustee when Securities of any Series are listed
on any stock exchange. 
 Section 7.7 Compensation and Indemnity. 

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

  
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 The Company shall indemnify each of the Trustee and any predecessor Trustee (including the
cost of defending itself) against any loss, liability or expense, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee) incurred by it except as set forth in the next paragraph in the performance of
its duties under this Indenture as Trustee or Agent. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have
one separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. This indemnification shall apply
to officers, directors, employees, shareholders and agents of the Trustee. 
 The Company need not reimburse any expense or indemnify
against any loss, liability, fee, cost or damage incurred by the Trustee or by any officer, director, employee, shareholder or agent of the Trustee through gross negligence or willful misconduct. 

To secure the Company’s payment obligations in this Section, the Trustee shall have a lien prior to the Securities of any Series on all
money or property held or collected by the Trustee pursuant to Section 8.4, except that held in trust to pay principal of and interest on particular Securities of that Series. 

When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.1(f) or (g) occurs, the
expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law. 
 The
provisions of this Section shall survive the termination of this Indenture. 
 Section 7.8 Replacement of Trustee. 

A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s
acceptance of appointment as provided in this Section. 
 The Trustee may resign with respect to the Securities of one or more Series by so
notifying the Company at least 30 days prior to the date of the proposed resignation. The Holders of a majority in principal amount of the Securities of any Series may remove the Trustee with respect to that Series by so notifying the Trustee and
the Company. The Company may remove the Trustee with respect to Securities of one or more Series if: 
 (a) the Trustee fails to comply with
Section 7.10; 
 (b) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is entered with respect to the Trustee
under any Bankruptcy Law; 
 (c) a Custodian or public officer takes charge of the Trustee or its property; or 

  
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 (d) the Trustee becomes incapable of acting. 

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

If a successor Trustee with respect to the Securities of any one or more Series does not take office within 60 days after the retiring Trustee
resigns or is removed, the retiring Trustee, the Company or the Holders of at least 10% in principal amount of the Securities of the applicable Series may petition any court of competent jurisdiction for the appointment of a successor Trustee at the
expense of the Company. 
 A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the
Company. Immediately after that, the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section 7.7, the resignation or removal of the retiring Trustee shall become
effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as Trustee under this Indenture. A successor Trustee shall mail a notice of its
succession to each Securityholder of each such Series and, if any Bearer Securities are outstanding, publish such notice on one occasion in an Authorized Newspaper. Notwithstanding replacement of the Trustee pursuant to this Section 7.8, the
Company’s obligations under Section 7.7 hereof shall continue for the benefit of the retiring Trustee with respect to expenses and liabilities incurred by it prior to such replacement. 

Section 7.9 Successor Trustee by Merger, etc. 

Any organization or entity into which the Trustee may be merged or converted or with which it may be consolidated, or any organization or
entity resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any organization or entity succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the
Trustee hereunder, provided such organization or entity shall be otherwise qualified and eligible under this Article VII, without the execution or filing of any paper or any further act on the part of any of the parties hereto. 

Section 7.10 Eligibility; Disqualification. 

This Indenture shall always have a Trustee who satisfies the requirements of TIA § 310(a)(1) and (2) and does not violate the
prohibitions in TIA § 310(a)(5). The Trustee shall always have a combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA §
310(b). 
 Section 7.11 Preferential Collection of Claims Against Company. 

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

  
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 ARTICLE VIII 

LEGAL DEFEASANCE AND COVENANT DEFEASANCE 

Section 8.1 Option to Effect Legal Defeasance or Covenant Defeasance. 

The Company may at any time elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Securities of any Series upon
compliance with the conditions set forth below in this Article VIII. 
 Section 8.2 Legal Defeasance and Discharge. 

Upon the Company’s exercise under Section 8.1 hereof of the option applicable to this Section 8.2, the Company and each
Guarantor, if any, of such Securities will, subject to the satisfaction of the conditions set forth in Section 8.4 hereof, be deemed to have been discharged from its or their obligations with respect to all outstanding Securities of such Series
(including the related guarantees, if any) on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Company and such Guarantors will be deemed to
have paid and discharged the entire indebtedness represented by the outstanding Securities of such Series (including the related guarantees, if any), which will thereafter be deemed to be “outstanding” only for the purposes of
Section 8.5 hereof and the other Sections of this Indenture referred to in clauses (a) and (b) below, and to have satisfied all its or their other obligations under such Securities, such guarantees, if any, and this Indenture (and the
Trustee for such Securities, at the expense of the Company, shall execute instruments reasonably requested by the Company acknowledging the same), except for the following provisions which will survive until otherwise terminated or discharged
hereunder: 
 (a) the rights of Holders of outstanding Securities of such Series to receive payments in respect of the principal of, or
interest or premium, if any, on, such Securities when such payments are due solely out of the trust funds referred to in Section 8.4 hereof; 

(b) the Company’s obligations with respect to such Securities under Article II hereof; 

(c) the rights, powers, trusts, duties and immunities of the Trustee for such Securities hereunder and the Company’s and the
Guarantors’, if any, obligations in connection therewith; and 
 (d) this Article VIII. 

Subject to compliance with this Article VIII, the Company may exercise its option under this Section 8.2 notwithstanding the prior
exercise of its option under Section 8.3 hereof. 
 Section 8.3 Covenant Defeasance. 

Upon the Company’s exercise under Section 8.1 hereof of the option applicable to this Section 8.3, the Company and each of the
Guarantors, if any, will, subject to the satisfaction of the conditions set forth in Section 8.4 hereof, be released from each of its or their obligations under the covenants contained in Sections 4.3, 4.4, 4.5, 4.6, 4.7, 4.8 and 5.1, and
covenants 

  
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specified in a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate, in accordance with Section 2.2, with respect to the outstanding Securities of the
applicable Series on and after the date the conditions set forth in Section 8.4 hereof are satisfied (hereinafter, “Covenant Defeasance”), and such Securities will thereafter be deemed not “outstanding” for the
purposes of any direction, waiver, consent or declaration or act of Holders of such Securities (and the consequences of any thereof) in connection with such covenants, but will continue to be deemed “outstanding” for all other purposes
hereunder (it being understood that such Securities will not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding Securities of such Series, the Company may omit to comply
with and will have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such covenant or by reason of any reference in any
such covenant to any other provision herein or in any other document and such omission to comply will not constitute a Default or an Event of Default under Section 6.1 hereof, but, except as specified above, the remainder of this Indenture and
such Securities will be unaffected thereby. In addition, upon the Company’s exercise under Section 8.1 hereof of the option applicable to this Section 8.3, subject to the satisfaction of the conditions set forth in Section 8.4
hereof, Section 6.1(c) hereof will not constitute an Event of Default. 
 Section 8.4 Conditions to Legal or Covenant
Defeasance. 
 In order to exercise either Legal Defeasance or Covenant Defeasance under either Section 8.2 or 8.3 hereof with
respect to Securities of any Series: 
 (a) the Company must irrevocably deposit with the Trustee for such Securities, as trust funds, in
trust, solely for the benefit of the Holders of such Securities, cash in Dollars, non-callable Government Securities or a combination thereof, in such amounts as will be sufficient, in the opinion of a
nationally recognized investment bank, appraisal firm, or firm of independent public accountants, to pay the principal of, and premium, if any, and interest on, the outstanding Securities of such Series on the stated date for payment thereof or on
the maturity date or the applicable redemption date, as the case may be, and the Company must specify whether such Securities are being defeased to such stated date for payment or to the maturity date or to a particular redemption date; provided
that if on the date of the deposit, the interest payable to, but excluding, or any premium payable on, the stated maturity or redemption date cannot be calculated, the amount deposited shall be sufficient to the extent that an amount is deposited
with the Trustee equal to the interest payable to, but excluding, or the premium payable on, the stated maturity or the redemption date calculated as of the date of the deposit, with any deficit on the stated maturity or redemption date, as
applicable (any such amount, the “Applicable Deficit”), only required to be deposited with the Trustee on or prior to the stated maturity or redemption date, as applicable; provided, further, that any Applicable Deficit shall be set
forth in an Officers’ Certificate delivered to the Trustee simultaneously with the deposit of the Applicable Deficit that confirms that the Applicable Deficit shall be applied to the interest or other amounts payable at the stated maturity or
on the redemption date, as applicable; 

  
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 (b) in the case of an election under Section 8.2 hereof, the Company must deliver to
the Trustee for such Securities an Opinion of Counsel confirming that: 
 (1) the Company has received from, or there has
been published by, the Internal Revenue Service a ruling; or 
 (2) since the date of the initial issuance of the Securities
of such Series, there has been a change in the applicable U.S. federal income tax law, 
 in either case to the effect that,
and based thereon such Opinion of Counsel shall confirm that, subject to customary assumptions and exclusions, the Holders and beneficial owners of the outstanding Securities of such Series will not recognize income, gain or loss for U.S. federal
income tax purposes as a result of such Legal Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred; 

(c) in the case of an election under Section 8.3 hereof, the Company must deliver to the Trustee for such Securities an Opinion of
Counsel reasonably acceptable to the Trustee confirming that, subject to customary assumptions and exclusions, the Holders and beneficial owners of such Securities will not recognize income, gain or loss for U.S. federal income tax purposes as a
result of such Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 

(d) no Default or Event of Default with respect to such Securities shall have occurred and be continuing on the date of such deposit (other
than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit or the grant of any lien securing such borrowing or any similar and simultaneous deposit relating to other indebtedness and, in each case, the
granting of liens in connection therewith); 
 (e) the Company must deliver to the Trustee for such Securities an Officers’ Certificate
stating that the deposit was not made by the Company with the intent of preferring the Holders of such Securities over the other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding any creditors of the
Company; and 
 (f) the Company must deliver to the Trustee for such Securities an Officers’ Certificate and an Opinion of Counsel
(which opinion of counsel may be subject to customary assumptions and exclusions), each stating that all conditions precedent relating to the Legal Defeasance or the Covenant Defeasance have been complied with. 

Section 8.5 Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions. 

Subject to Section 8.6 hereof, all money and non-callable Government Securities (including the
proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this Section 8.5, the “Trustee”) pursuant to Section 8.4 hereof in respect of the outstanding Securities of any Series
will be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as Paying Agent) as the Trustee may
determine, to the Holders of such Securities of all sums due and to become due thereon in respect of principal, premium, if any, and interest, but such money need not be segregated from other funds except to the extent required by law. 

  
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 The Company will pay and indemnify the Trustee against any tax, fee or other charge imposed
on or assessed against the cash or non-callable Government Securities deposited pursuant to Section 8.4 hereof or the principal and interest received in respect thereof other than any such tax, fee or
other charge which by law is for the account of the Holders of the outstanding Securities of the applicable Series. 
 Notwithstanding
anything in this Article VIII to the contrary, the Trustee will deliver or pay to the Company from time to time upon the request of the Company any money or non-callable Government Securities held by it as
provided in Section 8.4 hereof which, in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public accountants expressed in a written certification thereof delivered to the Trustee (which may be the
opinion delivered under Section 8.4 hereof), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance. 

Section 8.6 Repayment to Company. 

Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal of, or
premium, if any, or interest on, any Series of Securities and remaining unclaimed for one year after such principal, premium, if any, or interest has become due and payable shall be paid to the Company on its request or (if then held by the Company)
will be discharged from such trust; and the Holders of such Securities will thereafter be permitted to look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all
liability of the Company as trustee thereof, will thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be published once, in an
Authorized Newspaper, notice that such money remains unclaimed and that, after a date specified therein, which will not be less than 30 days from the date of such notification or publication, any unclaimed balance of such money then remaining will
be repaid to the Company. 
 Section 8.7 Reinstatement. 

If, in connection with a Legal Defeasance or Covenant Defeasance, the Trustee or Paying Agent is unable to apply any Dollars or non-callable Government Securities in accordance with Section 8.5, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application,
then the Company’s and any applicable Guarantors’ obligations under this Indenture and the applicable Securities and the guarantees will be revived and reinstated as though no deposit had occurred pursuant to Section 8.2 or 8.3 hereof
until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section 8.5; provided, however, that, if the Company makes any payment of principal of or interest on any such Securities following the
reinstatement of its obligations, the Company will be subrogated to the rights of the Holders of such Securities to receive such payment from the money held by the Trustee or Paying Agent. 

  
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 ARTICLE IX 

AMENDMENTS AND WAIVERS 

Section 9.1 Without Consent of Holders. 

Notwithstanding Section 9.2 of this Indenture, the Company and the Trustee may amend or supplement this Indenture or the Securities of
one or more Series without the consent of any Securityholder: 
 (a) to cure any ambiguity, defect or inconsistency; 

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

(c) to provide for the assumption of the Company’s obligations to the Holders of the Securities by a successor to the Company pursuant to
Article V hereof; 
 (d) to add any additional Events of Default with respect to all or any Series of Securities outstanding hereunder; 

(e) to secure the Securities pursuant to the requirements of any covenant on liens in respect of such series of Securities or otherwise; 

(f) to change or eliminate any of the provisions of this Indenture, or to add any new provision to this Indenture, in respect of one or more
series of Securities; provided, however, that any such change, elimination or addition (A) shall neither (i) apply to any Security outstanding on the date of such indenture supplemental hereto nor (ii) modify the rights of the Holder
of any such Security with respect to such provision in effect prior to the date of such indenture supplemental hereto or (B) shall become effective only when no Security of such series remains outstanding; 

(g) to make any change that would provide any additional rights or benefits to the Holders of Securities or that does not adversely affect the
Holders’ rights hereunder in any material respect; 
 (h) to comply with requirements of the Commission in order to effect or maintain
the qualification of this Indenture under the TIA; 
 (i) to provide for the issuance of and establish the form and terms and conditions of
Securities of any Series as permitted by this Indenture; 
 (j) to evidence and provide for the acceptance of appointment hereunder by a
successor Trustee with respect to the Securities of one or more Series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one
Trustee; 
 (k) to add an additional Guarantor or obligor under this Indenture; or 

  
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 (l) to conform any provision of this Indenture, the Securities of any Series or any related
guarantees or security documents to the description of such Securities contained in the Company’s prospectus, prospectus supplement, offering memorandum or similar document with respect to the offering of the Securities of such Series to the
extent that such description was intended to be a verbatim recitation of a provision in this Indenture, such Securities or any related guarantees or security documents. 

Upon the request of the Company and upon receipt by the Trustee of the documents described in Section 12.4 hereof, the Trustee will join
with the Company in the execution of any amended or supplemental indenture authorized or permitted by the terms of this Indenture and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee will not
be obligated to enter into such amended or supplemental indenture that affects its own rights, duties or immunities under this Indenture or otherwise. 

Section 9.2 With Consent of Holders. 

The Company and the Trustee may enter into a supplemental indenture with the written consent of the Holders of at least a majority in
principal amount of the outstanding Securities of each Series affected by such supplemental indenture (including consents obtained in connection with a tender offer or exchange offer for the Securities of such Series), for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner the rights of the Securityholders of each such Series. Except as provided in
Section 6.4, the Holders of at least a majority in principal amount of the outstanding Securities of each Series by notice to the Trustee (including consents obtained in connection with a tender offer or exchange offer for the Securities of
such Series) may waive compliance by the Company with any provision of this Indenture or the Securities with respect to such Series. 
 It
shall not be necessary for the consent of the Holders of Securities under this Section 9.2 to approve the particular form of any proposed supplemental indenture or waiver, but it shall be sufficient if such consent approves the substance
thereof. Upon the request of the Company and upon the filing with the Trustee of evidence satisfactory to the Trustee of the consent of the Holders of Securities as aforesaid, and upon receipt by the Trustee of the documents described in
Section 12.4 hereof, the Trustee will join with the Company in the execution of such amended or supplemental indenture unless such amended or supplemental indenture directly affects the Trustee’s own rights, duties or immunities under this
Indenture or otherwise, in which case the Trustee may in its discretion, but will not be obligated to, enter into such amended or supplemental Indenture. 

After a supplemental indenture or waiver under this section becomes effective, the Company shall promptly deliver to the Holders of Securities
affected thereby and, if any Bearer Securities affected thereby are outstanding, publish on one occasion in an Authorized Newspaper, a notice briefly describing the supplemental indenture or waiver. Any failure by the Company to deliver or publish
such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture or waiver. 

  
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 Section 9.3 Limitations. 

Without the consent of each Securityholder affected, an amendment, supplement or waiver may not (with respect to any Securities held by a non-consenting Holder): 
 (a) change the amount of Securities whose Holders must consent to any amendment,
supplement or waiver; 
 (b) reduce the rate of or extend the time for payment of interest (including default interest) on any Security;

 (c) reduce the principal or change the Stated Maturity of any Security or reduce the amount of, or postpone the date fixed for, the
payment of any sinking fund or analogous obligation; 
 (d) waive a continuing Default or Event of Default in the payment of the principal
of or interest, if any, on any Security (except a rescission of acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the payment default
that resulted from such acceleration); 
 (e) make the principal of or interest, if any, on any Security payable in any currency other than
that stated in such Security; 
 (f) make any change in Sections 6.4, 6.7 or 9.3; or 

(g) reduce any premium payable upon the redemption thereof. 

Section 9.4 Compliance with Trust Indenture Act. 

Every amendment or supplement to this Indenture or the Securities of one or more Series shall be set forth in an amended or supplemental
indenture that complies with the TIA as then in effect. 
 Section 9.5 Revocation and Effect of Consents. 

(a) Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a Security is a continuing consent by the
Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security. However, any such Holder subject to
Section 2.14(a) may revoke the consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. 

(b) Any amendment or waiver once effective shall bind every Securityholder of each Series affected by such amendment or waiver unless it is of
the type described in any of clauses (a) through (h) of Section 9.3. In that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or portion of a Security that
evidences the same debt as the consenting Holder’s Security. 

  
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 (c) For purposes of this Indenture, the consent of the Holder of a Global Security shall be
deemed to include any consent delivered by any member of, or participant in, any applicable Depository, any nominees thereof and their respective successors and assigns by electronic means in accordance with the Automated Tender Offer Procedures
system or other customary procedures of, and pursuant to authorization by, such Depository. 
 Section 9.6 Notation on or Exchange
of Securities. 
 The Trustee may place an appropriate notation about an amendment, supplement or waiver on any Security of any Series
thereafter authenticated. The Company in exchange for Securities of that Series may issue and the Trustee shall authenticate upon request new Securities of that Series that reflect the amendment or waiver. 

Section 9.7 Trustee Protected. 

In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article IX or the modifications
thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental indenture is
authorized or permitted by this Indenture. 
 ARTICLE X 

GUARANTEES 
 Section 10.1
Guarantees. 
 Any Series of Securities may be guaranteed by one or more of the Guarantors. The terms and the form of any such
guarantee will be established in the manner contemplated by Section 2.2 for that particular Series of Securities. 
 ARTICLE XI

 SATISFACTION AND DISCHARGE 

Section 11.1 Satisfaction and Discharge. 

This Indenture will be discharged and will cease to be of further effect as to a Series of Securities issued hereunder (and the Trustee for
such Securities, at the expense of the Company, shall execute instruments reasonably requested by the Company acknowledging the same), when: 

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

  
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 (ii) all such Securities that have not been delivered to the Trustee for
cancellation have become due and payable by reason of the giving of a notice of redemption or otherwise or will become due and payable within one year and the Company has irrevocably deposited or caused to be deposited with the Trustee as trust
funds in trust solely for the benefit of the Holders of such Securities, cash in Dollars, non-callable Government Securities, or a combination thereof, in such amounts as will be sufficient, without
consideration of any reinvestment of interest, to pay and discharge the entire indebtedness on such Securities not delivered to the Trustee for cancellation for principal, premium, if any, and accrued interest to the date of maturity or redemption;
provided that for any such redemption conducted pursuant to the terms of this Indenture (as supplemented by a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate), the amount deposited shall be sufficient for purposes
of this Indenture to the extent that the amount deposited with the Trustee is calculated as required by this Indenture (as supplemented by a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate) using the applicable
treasury rate (or similar term) as of the date of the notice of redemption, with any deficit as of the redemption date (any such amount, the “Make-whole Deficit”) only required to be deposited with the Trustee on or prior to the
redemption date. Any Make-whole Deficit will be set forth in an Officers’ Certificate delivered to the Trustee simultaneously with the deposit of such Make-whole Deficit that confirms that such Make-whole Deficit will be applied toward such
redemption; 
 (b) no Default or Event of Default has occurred and is continuing on the date of such deposit (other than a Default or Event
of Default resulting from the borrowing of funds to be applied to such deposit or the grant of any lien securing such borrowing or any similar and simultaneous deposit relating to other indebtedness and, in each case, the granting of liens in
connection therewith); 
 (c) the Company or any Guarantor of such Securities has paid or caused to be paid all sums payable by it under
this Indenture with respect to such Securities; and 
 (d) the Company has delivered irrevocable instructions to the Trustee for such
Securities under this Indenture to apply the deposited money toward the payment of such Securities at maturity or on the redemption date, as the case may be. 

In addition, the Company must deliver an Officers’ Certificate and an Opinion of Counsel to the Trustee for such Securities stating that
all conditions precedent to satisfaction and discharge have been complied with, and all fees and expenses of the Trustee shall have been paid. 

Notwithstanding the satisfaction and discharge of this Indenture, if money has been deposited with the Trustee pursuant to subclause
(ii) of clause (a) of this Section 11.1, the provisions of Sections 11.2 and 8.6 hereof will survive. In addition, nothing in this Section 11.1 will be deemed to discharge those provisions of Section 7.7 hereof, that, by
their terms, survive the satisfaction and discharge of this Indenture. 

  
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 Section 11.2 Application of Trust Money. 

Subject to the provisions of Section 8.6 hereof, all money or Government Securities deposited with the Trustee pursuant to
Section 11.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Securities with respect to with such deposit was made and this Indenture, to the payment, either directly or through any Paying Agent
(including the Company acting as its own Paying Agent) as such Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for whose payment such money has been deposited with the Trustee; but such
money need not be segregated from other funds except to the extent required by law. 
 If the Trustee or Paying Agent is unable to apply any
money or Government Securities in accordance with Section 11.1 hereof by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such
application, the Company’s and any applicable Guarantor’s obligations under this Indenture and the applicable Securities shall be revived and reinstated as though no deposit had occurred pursuant to Section 11.1 hereof; provided that
if the Company has made any payment of principal of, or premium, if any, or interest on, any Securities because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such
payment from the money or Government Securities held by the Trustee or Paying Agent. 
 ARTICLE XII 

MISCELLANEOUS 
 Section 12.1
Trust Indenture Act Controls. 
 If any provision of this Indenture limits, qualifies, or conflicts with another provision which is
required or deemed to be included in this Indenture by the TIA, such required or deemed provision shall control. 
 Section 12.2
Notices. 
 Any notice or communication by the Company or the Trustee to the other, or by a Holder to the Company or the Trustee, is
duly given if in writing and (a) delivered in person, (b) mailed by first-class mail or overnight mail, (c) sent by overnight air courier with next Business Day delivery or (d) delivered electronically (in .pdf or similar format)
if, in case of electronic notices, receipt is confirmed: 
 if to the Company: 

DICK’S Sporting Goods, Inc. 

345 Court Street 
 Coraopolis, PA
15108 
 Attention: John E. Hayes – Senior Vice President, General Counsel & Corporate Secretary 

Email: legal.department@dcsg.com 

  
 -45- 

 With a copy to: 

Wachtell, Lipton, Rosen & Katz 

51 West 52nd Street 
 New York,
New York 10019 
 Attention: Gregory E. Pessin 

Email: gepessin@wlrk.com 
 if to
the Trustee: 
 US Bank National Association 

Global Corporate Trust Services 

225 W. Station Square Drive, Suite 380 

Pittsburgh, PA 15219 
 Facsimile:
(412) 552-2323 
 Attention: Dick’s Sporting Goods, Inc. Notes Administrator 

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

 Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such
notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in
reliance upon such waiver. 
 All notices and communications (other than those sent to Holders) will be deemed to have been duly given: at
the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; the next Business Day after timely delivery to the courier, if sent by overnight air courier for next Business Day
delivery; and when receipt is confirmed, if delivered electronically. 
 Any notice or communication to a Securityholder shall be mailed by
first-class mail to his address shown on the register kept by the Registrar and, if any Bearer Securities are outstanding, published in an Authorized Newspaper, unless otherwise provided with respect to the applicable Series. Failure to mail a
notice or communication to a Securityholder of any Series or any defect in it shall not affect its sufficiency with respect to other Securityholders of that or any other Series. 

In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice by
mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 

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

  
 -46- 

 If the Company mails a notice or communication to Securityholders, it shall mail a copy to
the Trustee and each Agent at the same time. 
 Where this Indenture provides for notice of any event to a Holder of a Global Security, such
notice shall be sufficiently given if given to the Depository for such Global Security (or its designee), pursuant to the applicable procedures of the Depository, not later than the latest date (if any), and not earlier than the earliest date (if
any), prescribed for the giving of such notice. 
 Section 12.3 Communication by Holders with Other Holders. 

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

Section 12.4 Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the
Trustee: 
 (a) an Officers’ Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in
this Indenture relating to the proposed action have been complied with; and 
 (b) an Opinion of Counsel stating that, in the opinion of
such counsel, all such conditions precedent have been complied with. 
 Section 12.5 Statements Required in Certificate or
Opinion. 
 Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other
than a certificate provided pursuant to Section 4.5 hereof and TIA § 314(a)(4)) shall comply with the provisions of TIA § 314(e) and shall include: 

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

(b) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such
certificate or opinion are based; 
 (c) a statement that, in the opinion of such Person, he has made such examination or investigation as
is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 
 (d)
a statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with. 

  
 -47- 

 Section 12.6 Rules by Trustee and Agents. 

The Trustee may make reasonable rules for action by or a meeting of Securityholders of one or more Series. Any Agent may make reasonable rules
and set reasonable requirements for its functions. 
 Section 12.7 Legal Holidays. 

Unless otherwise provided by Board Resolution, Officers’ Certificate or supplemental indenture hereto for a particular Series, a
“Legal Holiday” is any day that is not a Business Day. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall
accrue for the intervening period. 
 Section 12.8 No Recourse Against Others. 

No past, present or future director, officer, stockholder or employee, as such, of the Company or any successor corporation shall have any
liability for any obligation of the Company under the Securities or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Holder by accepting a Security waives and releases all such
liability. The waiver and release are part of the consideration for the execution of this Indenture and the issue of the Securities. 

Section 12.9 Counterparts. 

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

Section 12.10 Electronic Transmission; Electronic Signatures. 

The Trustee shall not have any duty to confirm that the person sending any notice, instruction or other communication (a “Notice”)
by electronic transmission (including by e-mail, facsimile transmission, web portal or other electronic methods) is, in fact, a person authorized to do so. Electronic signatures believed by the Trustee to
comply with the ESIGN Act of 2000 or other applicable law (including electronic images of handwritten signatures and digital signatures provided by DocuSign, Orbit, Adobe Sign or any other digital signature provider acceptable to the Trustee) shall
be deemed original signatures for all purposes. Each other party assumes all risks arising out of the use of electronic signatures and electronic methods to send Notices to the Trustee, including without limitation the risk of the Trustee acting on
an unauthorized Notice, and the risk of interception or misuse by third parties. Notwithstanding the foregoing, the Trustee may in any instance and in its sole discretion require that an original document bearing a manual signature be delivered to
the Trustee in lieu of, or in addition to, any such electronic Notice. If any other party elects to give the Trustee email or facsimile instructions (or instructions by a similar electronic method), the Trustee’s understanding of such
instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions regardless of whether such
instructions conflict or are inconsistent with a subsequent written instruction. 

  
 -48- 

 Section 12.11 Governing Law; Waiver of Trial by Jury. 

THE LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS INDENTURE, THE SECURITIES AND ANY GUARANTEES OF THE SECURITIES.
EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE OR THE TRANSACTIONS
CONTEMPLATED THEREBY. 
 Section 12.12 No Adverse Interpretation of Other Agreements. 

This Indenture may not be used to interpret any other indenture, loan or debt or other agreement of the Company or its Subsidiaries or of any
other Person. Any such indenture, loan or debt or other agreement may not be used to interpret this Indenture. 
 Section 12.13
Successors. 
 All agreements of the Company in this Indenture and the Securities shall bind its successor. All agreements of the
Trustee, Registrar, Paying Agent or Service Agent in this Indenture shall bind its successor. 
 Section 12.14 Severability.

 In case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 12.15 Table of Contents,
Headings, Etc. 
 The Table of Contents, Cross-Reference Table, and headings of the Articles and Sections of this Indenture have been
inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 

Section 12.16 Securities in a Foreign Currency. 

Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate delivered pursuant to
Section 2.2 of this Indenture with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of all Series
or all Series affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in a coin or currency other than Dollars, then the principal amount of Securities of such
Series which shall be deemed to be outstanding for the purpose of taking such action shall be that amount of Dollars that could be obtained for such amount at the Market Exchange Rate at such time. For purposes of this Section 12.16,
“Market Exchange Rate” shall mean the noon Dollar buying rate in New York 

  
 -49- 

 
City for cable transfers of that currency as published by the Federal Reserve Bank of New York. If such Market Exchange Rate is not available for any reason with respect to such currency, the
Trustee shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in The City of New York or in the
country of issue of the currency in question or such other quotations as the Trustee, upon consultation with the Company, shall deem appropriate. The provisions of this paragraph shall apply in determining the equivalent principal amount in respect
of Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. 

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

Section 12.17 U.S.A. PATRIOT Act. 

The Company acknowledges that, in accordance with Section 326 of the U.S.A. PATRIOT Act, the Trustee, like all financial institutions, in
order to help fight the funding of terrorism and money laundering, is required to obtain, verify and record information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The Company
agrees to provide the Trustee with such information as it may request to enable the Trustee to comply with the U.S.A. PATRIOT Act. 

ARTICLE XIII 
 SINKING FUNDS

 Section 13.1 Applicability of Article. 

The provisions of this Article XIII shall be applicable to any sinking fund for the retirement of the Securities of a Series, except as
otherwise permitted or required by any form of Security of such Series issued pursuant to this Indenture. 
 The minimum amount of any
sinking fund payment provided for by the terms of the Securities of any Series is herein referred to as a “mandatory sinking fund payment” and any other amount provided for by the terms of Securities of such Series is herein
referred to as an “optional sinking fund payment.” If provided for by the terms of Securities of any Series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 13.2. Each sinking fund
payment shall be applied to the redemption of Securities of any Series as provided for by the terms of the Securities of such Series. 

Section 13.2 Satisfaction of Sinking Fund Payments with Securities. 

The Company may, in satisfaction of all or any part of any sinking fund payment with respect to the Securities of any Series to be made
pursuant to the terms of such Securities (a) deliver outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for mandatory sinking fund redemption) and
(b) apply as a credit Securities of such Series to which such sinking fund payment is applicable and which have been repurchased by the Company or redeemed either at the election of the Company pursuant to the terms of such Series of Securities
(except pursuant to any mandatory sinking fund) or through the application of permitted optional sinking fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities have not been previously so
credited. Such Securities shall be received by the Trustee, together with an Officers’ Certificate with respect thereto, not later than 15 days prior to the date on which the Trustee begins the process of selecting Securities for redemption,
and shall be credited for such 

  
 -50- 

 
purpose by the Trustee at the price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. If
as a result of the delivery or credit of Securities in lieu of cash payments pursuant to this Section 13.2, the principal amount of Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than
$100,000, the Trustee need not call Securities of such Series for redemption, except upon receipt of a Company Order that such action be taken, and such cash payment shall be held by the Trustee or a Paying Agent and applied to the next succeeding
sinking fund payment, provided, however, that the Trustee or such Paying Agent shall from time to time upon receipt of a Company Order pay over and deliver to the Company any cash payment so being held by the Trustee or such Paying Agent upon
delivery by the Company to the Trustee of Securities of that Series purchased by the Company having an unpaid principal amount equal to the cash payment required to be released to the Company. 

Section 13.3 Redemption of Securities for Sinking Fund. 

Not less than 45 days (unless otherwise indicated in the Board Resolution, supplemental indenture or Officers’ Certificate in respect of
a particular Series of Securities) prior to each sinking fund payment date for any Series of Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing mandatory sinking fund payment
for that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting of Securities of that Series
pursuant to Section 13.2, and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Company shall thereupon be obligated to pay the amount therein specified. Not less than 30 days (unless
otherwise indicated in the Board Resolution, Officers’ Certificate or supplemental indenture in respect of a particular Series of Securities) before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon
such sinking fund payment date in the manner specified in Section 3.2 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 3.3. Such notice having been
duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 3.4, 3.5 and 3.6. 

  
 -51- 

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

			
	DICK’S SPORTING GOODS, INC.

 
			
		
	By:	 	/s/ Navdeep Gupta

 
			
	      	 	Name: Navdeep Gupta
		 	Title: Executive Vice President and Chief           Financial Officer

 
			
	
	 U.S. BANK NATIONAL ASSOCIATION,
 a
national banking association

 
			
		
	By:	 	/s/ Robert P. Pavlovic

 
			
	      	 	Name: Robert P. Pavlovic
		 	Title: Vice PresidentEX-4.2

 Exhibit 4.2 

EXECUTION VERSION 
 FIRST
SUPPLEMENTAL INDENTURE 
 Dated as of January 14, 2022 

between 
 DICK’S SPORTING
GOODS, INC. 
 and 
 U.S. BANK
NATIONAL ASSOCIATION, a national banking association, as Trustee 
 $750,000,000 3.150% SENIOR NOTES DUE 2032 

$750,000,000 4.100% SENIOR NOTES DUE 2052 

 EXECUTION VERSION 

Table of Contents 
  

					
		
	ARTICLE I	  			
	DEFINITIONS	  			
	 SECTION 1.1 Certain Terms Defined in the Base Indenture
	  	 	1	 
	 SECTION 1.2 Definitions
	  	 	1	 
	 SECTION 1.3 Other Definitions
	  	 	4	 
		
	ARTICLE II	  			
	FORM AND TERMS OF THE NOTES	  			
	 SECTION 2.1 Form and Dating
	  	 	5	 
	 SECTION 2.2 Certain Terms of the Notes
	  	 	7	 
	 SECTION 2.3 Optional Redemption
	  	 	8	 
	 SECTION 2.4 Offer to Repurchase Upon a Change of Control Triggering Event
	  	 	8	 
		
	ARTICLE III	  			
	LEGAL DEFEASANCE AND COVENANT DEFEASANCE	  			
	 SECTION 3.1 Covenant Defeasance
	  	 	10	 
		
	ARTICLE IV	  			
	[RESERVED.]	  			
		
	ARTICLE V	  			
	MISCELLANEOUS	  			
	 SECTION 5.1 Relationship with Indenture
	  	 	10	 
	 SECTION 5.2 Trust Indenture Act Controls
	  	 	11	 
	 SECTION 5.3 Governing Law
	  	 	11	 
	 SECTION 5.4 Counterparts
	  	 	11	 
	 SECTION 5.5 Severability
	  	 	11	 
	 SECTION 5.6 Ratification
	  	 	11	 
	 SECTION 5.7 Headings
	  	 	11	 
	 SECTION 5.8 Effectiveness
	  	 	11	 

 EXHIBIT A — Form of 3.150% Senior Notes due 2032 

EXHIBIT B — Form of 4.100% Senior Notes due 2052 

  
 i 

 FIRST SUPPLEMENTAL INDENTURE 

This First Supplemental Indenture, dated as of January 14, 2022 (this “First Supplemental Indenture”), by and between
DICK’S SPORTING GOODS, INC., a Delaware corporation (the “Company”), and U.S. BANK NATIONAL ASSOCIATION, a duly organized and existing national banking association under the laws of the United States, as trustee (the
“Trustee”). 
 WHEREAS, the Company and the Trustee are parties to that certain Indenture, dated as of January 14,
2022 (the “Base Indenture”; and together with this First Supplemental Indenture, the “Indenture”), providing for the issuance by the Company of an unlimited number of Series of Securities from time to time; 

WHEREAS, the Base Indenture provides that the Securities of a Series shall be in the form and shall have such terms and provisions as may be
established in one or more supplemental indentures thereto; 
 WHEREAS, the Company has determined to issue the 3.150% Senior Notes due 2032
(the “2032 Notes”) and 4.100% Senior Notes due 2052 (the “2052 Notes”, and together with the 2032 Notes, the “Notes”), under the Indenture pursuant to the terms of this First Supplemental Indenture
and substantially in the forms set forth in Exhibit A hereto for the 2032 Notes and Exhibit B hereto for the 2052 Notes, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or
permitted by the Indenture; and 
 WHEREAS, the Company, by action duly taken, has authorized the execution of this First Supplemental
Indenture and the issuance of the Notes; 
 NOW, THEREFORE, THIS FIRST SUPPLEMENTAL INDENTURE WITNESSETH: 

For and in consideration of the promises stated herein and the purchase of the Notes by the Holders thereof, the parties hereto hereby enter
into this First Supplemental Indenture, for the equal and proportionate benefit of all Holders, as follows: 
 ARTICLE I 

DEFINITIONS 

SECTION 1.1 Certain Terms Defined in the Base Indenture. 

For purposes of this First Supplemental Indenture and the Notes, all capitalized terms used but not defined herein or therein, as applicable,
shall have the meanings ascribed to such terms in the Base Indenture. 
 SECTION 1.2 Definitions. 

For the benefit of the Holders, Section 1.1 of the Base Indenture shall be amended by adding or substituting, as applicable, the
following new definitions: 
 “2032 Notes” shall have the meaning assigned to that term in the recitals to this First
Supplemental Indenture. 

  
 1 

 “2052 Notes” shall have the meaning assigned to that term in the recitals
to this First Supplemental Indenture. 
 “Affiliated Party” means, with respect to any natural Person, (A) any other
Person for which such natural Person (or such natural Person’s estate) has dispositive or voting power with respect to any of the Company’s Voting Stock held by such other Person; (B) any trust the beneficiaries of which consist
solely of such natural Person, any Immediate Family Member of such natural Person or any Person described in clause (A); (C) the trustees, legal representatives, beneficiaries or beneficial owners (in each case, solely in such capacity and not in
their individual or other capacities) of any such Person referred to in clause (A) or (B); (D) the estates of such natural Person (it being understood, for the avoidance of doubt, that this clause (D) will not include any Person to whom
any securities are transferred from any such estate); and (E) the Immediate Family Members of such natural Person. 

“Applicable Par Call Date” means, (1) in the case of the 2032 Notes, October 15, 2031 and (2) in the case of
the 2052 Notes, July 15, 2051. 
 “Below Investment Grade Rating Event” means the rating on the Notes of a Series is
lowered by both Rating Agencies and the Notes of such Series are rated below an Investment Grade Rating by both of the Rating Agencies, in each case, on any date from the date of the public notice of the occurrence of a Change of Control or the
Company’s intention to effect a Change of Control until the end of the 60-day period following public notice of the occurrence of the Change of Control (which
60-day period shall be extended so long as the rating of the Notes of such Series is under publicly announced consideration for possible downgrade by any of the Rating Agencies (the “Relevant
Period”)); provided that a Below Investment Grade Rating Event otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a particular Change of Control (and thus shall not be deemed a
Below Investment Grade Rating Event for purposes of the definition of “Change of Control Triggering Event”) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply either (1) did not reduce
the ratings of the Notes of such Series during the Relevant Period or (2) do not announce or publicly confirm that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in
respect of, the applicable Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the Below Investment Grade Rating Event). 

“Change of Control” means the occurrence of any of the following: (1) the direct or indirect sale, transfer, conveyance
or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole to any “person” (as that term
is used in Section 13(d)(3) of the Exchange Act) other than the Company or one or more of its Subsidiaries; or (2) the consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is that
any “person” (as defined above), including any group defined as a person for the purpose of Section 13(d)(3) of the Exchange Act, other than the (x) Company or any of its Subsidiaries, (y) any Permitted Person or
(z) any employee benefit plan of 

  
 2 

 
any such person or any of its Subsidiaries and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan, becomes the beneficial owner,
directly or indirectly, of more than 50% of the voting power of all of the Company’s Voting Stock; provided, however, that a person shall not be deemed the beneficial owner of, or to own beneficially, (A) any securities tendered pursuant
to a tender or exchange offer made by or on behalf of such person or any of such person’s affiliates until such tendered securities are accepted for purchase or exchange thereunder, or (B) any securities if such beneficial ownership
(i) arises solely as a result of a revocable proxy delivered in response to a proxy or consent solicitation made pursuant to the applicable rules and regulations under the Exchange Act, and (ii) is not also then reportable on Schedule 13D
(or any successor schedule) under the Exchange Act. Notwithstanding the foregoing, a transaction will not be considered to be a Change of Control if (A) the Company becomes a direct or indirect wholly owned subsidiary of another person and
(B) either (i) the shares of the Company’s Voting Stock outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority of the Voting Stock of such person immediately after giving effect to
such transaction or (ii) immediately following such transaction, no person (other than a person satisfying the requirements of this sentence) is the beneficial owner, directly or indirectly of more than 50% of the voting power of all of the
Voting Stock of such person. 
 “Change of Control Triggering Event” means the occurrence of both a Change of Control and a
Below Investment Grade Rating Event with respect to the Notes of a Series. 
 “Global Notes” means, individually and
collectively, (1) with respect to the 2032 Notes, each of the Notes of such Series in the form of global Securities registered in the name of the Depository or its nominee, substantially in the form of Exhibit A attached hereto, and
(2) with respect to the 2052 Notes, each of the Notes of such Series in the form of global Securities registered in the name of the Depository or its nominee, substantially in the form of Exhibit B attached hereto. 

“Immediate Family Member” means, with respect to any specified natural Person, any other natural Person that has any
relationship to such specified natural Person by blood, marriage or adoption that is not more remote than first cousin. 

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

“Issue Date” means January 14, 2022. 

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

“Notes” shall have the meaning assigned to that term in the recitals to this First Supplemental Indenture. 

“Permitted Person” means (A) any of Edward W. Stack and his Affiliated Parties; and (B) any “group”
within the meaning of Section 13(d) of the Exchange Act of which any of the Persons described in clause (A) are members; provided that without giving effect to the existence of such group or any other group, any of the Persons described in
clause (A), collectively, beneficially own Voting Stock of the Company representing 50% or more of the total voting power of the Voting Stock of the Company then held by such group. 

  
 3 

 “Rating Agencies” means (1) each of Moody’s and S&P; and
(2) if either Moody’s or S&P ceases to rate the Notes of a Series or fails to make a rating of the Notes of a Series publicly available for reasons outside of the Company’s control, a “nationally recognized statistical rating
organization” registered under Section 15E of the Exchange Act, selected by the Company as a replacement agency for Moody’s or S&P, or both of them, as the case may be. 

“Remaining Scheduled Payments” means, with respect to any Note to be redeemed, the remaining scheduled payments of the
principal thereof and interest thereon that would be due after the related redemption date if such note matured on the Applicable Par Call Date but for such redemption; provided, however, that, if such redemption date is not an interest payment date
with respect to such note, the amount of the next scheduled interest payment thereon will be reduced by the amount of interest accrued thereon to, but excluding, such redemption date. 

“S&P” means Standard & Poor’s Ratings Services, Standard & Poor’s Financial Services LLC
business. 
 “Treasury Rate” means, with respect to any redemption date, the yield determined by the Company in accordance
with the following two paragraphs. 
 The Treasury Rate shall be determined by the Company after 4:15 p.m., New York City time (or after
such time as yields on U.S. government securities are posted daily by the Board of Governors of the Federal Reserve System), on the third Business Day preceding the redemption date based upon the yield or yields for the most recent day that appear
after such time on such day in the most recent statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily)—H.15” (or any successor designation or publication)
(“H.15”) under the caption “U.S. government securities–Treasury constant maturities–Nominal” (or any successor caption or heading). In determining the Treasury Rate, the Company shall select, as applicable:
(1) the yield for the Treasury constant maturity on H.15 exactly equal to the period from the redemption date to the Applicable Par Call Date (the “Remaining Life”); or (2) if there is no such Treasury constant maturity on
H.15 exactly equal to the Remaining Life, the two yields – one yield corresponding to the Treasury constant maturity on H.15 immediately shorter than and one yield corresponding to the Treasury constant maturity on H.15 immediately longer than
the Remaining Life – and shall interpolate to the Applicable Par Call Date on a straight-line basis (using the actual number of days) using such yields and rounding the result to three decimal places; or (3) if there is no such Treasury
constant maturity on H.15 shorter than or longer than the Remaining Life, the yield for the single Treasury constant maturity on H.15 closest to the Remaining Life. For purposes of this paragraph, the applicable Treasury constant maturity or
maturities on H.15 shall be deemed to have a maturity date equal to the relevant number of months or years, as applicable, of such Treasury constant maturity from the redemption date. 

  
 4 

 If on the third Business Day preceding the redemption date H.15 is no longer published, the
Company shall calculate the Treasury Rate based on the rate per annum equal to the semi-annual equivalent yield to maturity at 11:00 a.m., New York City time, on the second Business Day preceding such redemption date of the United States Treasury
security maturing on, or with a maturity that is closest to, the Applicable Par Call Date, as applicable. If there is no United States Treasury security maturing on the Applicable Par Call Date but there are two or more United States Treasury
securities with a maturity date equally distant from the Applicable Par Call Date, one with a maturity date preceding the Applicable Par Call Date and one with a maturity date following the Applicable Par Call Date, the Company shall select the
United States Treasury security with a maturity date preceding the Applicable Par Call Date. If there are two or more United States Treasury securities maturing on the Applicable Par Call Date or two or more United States Treasury securities meeting
the criteria of the preceding sentence, the Company shall select from among these two or more United States Treasury securities the United States Treasury security that is trading closest to par based upon the average of the bid and asked prices for
such United States Treasury securities at 11:00 a.m., New York City time. In determining the Treasury Rate in accordance with the terms of this paragraph, the semi-annual yield to maturity of the applicable United States Treasury security shall be
based upon the average of the bid and asked prices (expressed as a percentage of principal amount) at 11:00 a.m., New York City time, of such United States Treasury security, and rounded to three decimal places. 

SECTION 1.3 Other Definitions. 
  

					
	 TERM
	  	DEFINED
IN SECTION	 
	 “Additional Notes”
	  	 	2.2	 
	 “Change of Control Offer”
	  	 	2.4	 
	 “Change of Control Payment”
	  	 	2.4	 
	 “Change of Control Payment Date”
	  	 	2.4	 
	 “Depository”
	  	 	2.1	 
	 “H.15”
	  	 	1.2	 
	 “Remaining Life”
	  	 	1.2	 

 ARTICLE II 

FORM AND TERMS OF THE NOTES 

SECTION 2.1 Form and Dating. 

The 2032 Notes shall be substantially in the form of Exhibit A attached hereto. The 2052 Notes shall be substantially in the form of
Exhibit B attached hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rules or usage. Each Note shall be dated the date of its authentication. 

The terms and notations contained in the Notes shall constitute, and are hereby expressly made, a part of the Indenture; and the Company and
the Trustee, by their execution and delivery of this First Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby; provided that, to the extent of any inconsistency between the terms and provisions in the
Indenture and those contained in the Notes, the Indenture shall govern. 

  
 5 

 The Notes of each Series will be issued in minimum denominations of $2,000 and integral
multiples of $1,000 in excess thereof. 
 (a) Global Notes. The Notes of each Series designated herein shall be issued initially in
the form of one or more Global Notes of such Series, which shall be held by the Trustee as custodian for The Depository Trust Company, New York, New York (the “Depository”), and registered in the name of Cede & Co., the
Depository’s nominee, duly executed by the Company and authenticated by the Trustee as hereinafter provided. The aggregate principal amount of outstanding Notes of each Series may from time to time be increased or decreased by adjustments made
on the records of the Trustee and the Depository or its nominee as hereinafter provided. 
 Unless and until a Global Note is exchanged for
Notes registered in the names of Holders other than the Depository or its nominee pursuant to Section 2.15(b) of the Base Indenture, such Global Note may not be transferred except as a whole by the Depository to its nominee or by its nominee to
the Depository or another nominee of the Depository or by the Depository or any of its nominees to a successor depository or any nominee of such successor depository. Upon the occurrence of the events specified in Section 2.15(b) of the Base
Indenture in relation thereto, the Company shall execute, and the Trustee shall, upon receipt of a Company Order for authentication, authenticate and deliver, Notes in definitive form in an aggregate principal amount equal to the principal amount of
the Global Notes in exchange for such Global Note. 
 (b) Book-Entry Provisions. This Section 2.1(b) shall apply only to the
Global Notes deposited with or on behalf of the Depository. 
 The Company shall execute and the Trustee shall, in accordance with this
Section 2.1(b), authenticate and deliver the Global Notes that shall be registered in the name of the Depository or the nominee of the Depository and shall be held by the Trustee as custodian for the Depository. 

Participants of the Depository shall have no rights either under the Indenture or with respect to any Global Notes. The Depository shall be
treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of such Global Note for all purposes under the Indenture. Notwithstanding the foregoing, nothing herein shall prevent the Company or the Trustee
from giving effect to any written certification, proxy or other authorization furnished by the Depository or impair, as between the Depository and its participants, the operation of customary practices of such Depository governing the exercise of
the rights of an owner of a beneficial interest in the Global Notes. 
 (c) Definitive Notes. Definitive Notes issued in physical,
certificated form, registered in the name of the beneficial owner thereof, with respect to the 2032 Notes, shall be substantially in the form of Exhibit A attached hereto, and with respect to the 2052 Notes, shall be substantially in the form
of Exhibit B attached hereto, but, in each case, without including the text referred to therein as applying only to Global Notes. Except as provided above in subsection (a), owners of beneficial interests in the Global Notes will not be
entitled to receive physical delivery of certificated Notes. 

  
 6 

 (d) Transfer and Exchange of the Notes. The transfer and exchange of beneficial
interests in the Global Notes shall be effected through the Depository, in accordance with the Indenture and the procedures of the Depository therefor. Beneficial interests in the Global Notes may be transferred to Persons who take delivery thereof
in the form of a beneficial interest in the Global Notes. 
 (e) Paying Agent and Registrar. The Company appoints the Trustee as the
initial Paying Agent of the Company for the payment of the principal of (and premium, if any) and interest on, the Notes, and the Corporate Trust Office of the Trustee be, and hereby is, designated as the office or agency where the Notes may be
presented for payment and where notices to or demands upon the Company in respect of the Notes and this First Supplemental Indenture and the Indenture pursuant to which the Notes are to be issued may be made. The Company appoints the Trustee as the
initial Registrar with respect to the Notes. 
 SECTION 2.2 Certain Terms of the Notes. 

The following terms relating to the Notes are hereby established: 

(a) Title. There is hereby established (i) a Series of Securities having the title “3.150% Senior Notes due 2032” and
(ii) a Series of Securities having the title “4.100% Senior Notes due 2052.” 
 (b) Principal Amount. The 3.150%
Senior Notes due 2032 will be initially issued in an aggregate principal amount of $750,000,000, and the 4.100% Senior Notes due 2052 will be initially issued in an aggregate principal amount of $750,000,000. The Company may, from time to time,
without the consent of the Holders of the Notes of any Series, issue additional notes (“Additional Notes”) having the same terms as the Notes of such Series in all respects, except for the issue date, the issue price, the initial
interest payment date, and the initial date of interest accrual. Any such Additional Notes shall be consolidated with and form a single Series with the Notes of such Series for all purposes of the Indenture. If the Additional Notes are not fungible
with the Notes of such Series issued on the Issue Date for U.S. federal income tax purposes, the Additional Notes will have a different CUSIP number. 

(c) Ranking. The Notes shall rank as unsecured, unsubordinated Securities. 

(d) Maturity Date. The entire outstanding principal of the 2032 Notes shall be payable on January 15, 2032, and the entire
outstanding principal of the 2052 Notes shall be payable on January 15, 2052. 
 (e) Notes Interest Rate. The rate at which the
2032 Notes shall bear interest shall be 3.150% per annum, and the rate at which the 2052 Notes shall bear interest shall be 4.100% per annum, in each case calculated on the basis of a 360-day year of twelve 30-day months. The interest payment dates for the Notes shall be the 15th day of January and July of each year, beginning on July 15, 2022. The Company will pay interest on the Notes, in arrears, to the Holders
of such Notes (or one or more predecessor Securities) at the close of business on the regular record date for such interest, which shall be the January 1st and July 1st (whether or not a Business Day) preceding the applicable interest payment date,
respectively. If an interest payment date with respect to the 2032 Notes or the 2052 Notes falls on a day that is not a Business Day, interest will be payable on the next succeeding Business Day with the same force and effect as if made on such
interest payment date and no interest shall accrue in respect of the delay. 

  
 7 

 (f) Interest Generally. The date from which interest shall accrue on the Notes shall
be January 14, 2022, or the most recent interest payment date to which interest has been paid or duly provided for. Payment of principal, premium, if any, and interest on, the Notes will be made at the Corporate Trust Office of the Trustee or
such other office or agency of the Company as may be designated for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that
each installment of interest, premium, if any, and principal on the Notes may at the Company’s option be paid in immediately available funds by wire transfer to an account maintained by the payee with a bank located in the United States. 

(g) No Sinking Fund. The Notes will not be entitled to the benefit of any sinking fund provisions. 

SECTION 2.3 Optional Redemption. 

(a) Applicability of Article III. The provisions of Article III of the Base Indenture shall apply to the Notes, as supplemented by
Sections 2.3(b) and (c) below and the last paragraph of Section 2.4. 
 (b) Make Whole Redemption. Prior to the Applicable
Par Call Date, the Company may redeem either Series of Notes at its option, in whole or in part, at any time and from time to time, at a redemption price equal to the greater of (1) the sum of the present values of the Remaining Scheduled
Payments discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus (x) in the
case of the 2032 Notes, 25 basis points and (y) in the case of the 2052 Notes, 30 basis points, and (2) 100% of the principal amount of the Notes of such Series to be redeemed, plus, in either case, accrued and unpaid interest thereon, if any,
to, but excluding, the redemption date. 
 (c) Par Redemption. On or after the Applicable Par Call Date, the Company may redeem
either Series of Notes, at the Company’s option, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Notes of such Series to be redeemed plus accrued and unpaid interest
thereon to, but excluding, the redemption date. 
 (d) Determination Binding. The Company’s actions and determinations in
determining the applicable redemption price shall be conclusive and binding for all purposes, absent manifest error. 
 SECTION 2.4
Offer to Repurchase Upon a Change of Control Triggering Event. 
 If a Change of Control Triggering Event occurs with respect to the
Notes of either Series, unless the Company has exercised its right to redeem the Notes of such Series as described in Section 2.3 or has exercised its option to satisfy and discharge the Indenture with respect to the Notes of such Series as set
forth in Article XI of the Base Indenture, Holders of 

  
 8 

 
such Notes shall have the right to require the Company to repurchase all or any part in an integral multiple of $1,000 of their Notes (provided that no Note will be purchased in part if the
remaining principal amount of such Note would be less than $2,000) pursuant to the offer described below (the “Change of Control Offer”) on the terms set forth herein. In the Change of Control Offer, the Company shall offer payment
in cash equal to 101% of the aggregate principal amount of Notes subject to such offer plus accrued and unpaid interest, if any, on the Notes repurchased to, but, excluding, the date of purchase (the “Change of Control Payment”).
Within 30 days following any Change of Control Triggering Event, or, at the Company’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Company shall mail or otherwise deliver a notice to
Holders of the Notes subject to such offer describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the date specified in the notice, which date will
be no earlier than 30 days and no later than 60 days from the date such notice is mailed or otherwise delivered (the “Change of Control Payment Date”), pursuant to the procedures described herein and in such notice. The notice
shall, if mailed or otherwise delivered prior to the date of consummation of the Change of Control, state that the offer to purchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the
notice. The Company must comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in
connection with the repurchase of the Notes of either Series as a result of a Change of Control Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control provisions herein, the
Company shall only be required to comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under the Change of Control provisions herein by virtue of such conflicts. 

Notwithstanding the foregoing, the Company shall not be required to make a Change of Control Offer upon the occurrence of a Change of Control
Triggering Event if a third party makes such an offer in the manner, at the times and otherwise in compliance with the requirements for a Change of Control Offer made by the Company and the third party purchases all 2032 Notes and 2052 Notes, as
applicable, properly tendered and not withdrawn under its offer. 
 On the Change of Control Payment Date, the Company shall, to the extent
lawful (i) accept for payment all Notes or portions thereof properly tendered pursuant to the Change of Control Offer; (ii) deposit with the Paying Agent an amount equal to the Change of Control Payment in respect of all Notes or portions
thereof properly tendered; and (iii) deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased.

 The Paying Agent will promptly deliver to each Holder who has properly tendered Notes the applicable Change of Control Payment for such
Notes, and the Trustee will promptly authenticate and deliver (or cause to be transferred by book-entry) to each Holder a new Note equal in principal amount to any unpurchased portion of any Notes surrendered; provided that each new Note will be in
a minimum principal amount of $2,000 or an integral multiple of $1,000. 

  
 9 

 The Company’s obligation to repurchase the Notes of either Series upon a Change of
Control Triggering Event may be waived by the Holders of not less than a majority of the outstanding Notes of such Series affected by such waiver in accordance with Section 9.2 of the Base Indenture. 

If Holders of not less than 90% in aggregate principal amount of the Notes of either Series validly tender and do not withdraw such notes in
an offer to repurchase the Notes of such Series in connection with a Change of Control Triggering Event and the Company purchases all of the Notes of such Series validly tendered and not withdrawn by such holders, the Company will have the right,
upon not less than 10 nor more than 60 days’ prior written notice to the Holders of Notes of such Series and the Trustee, given not more than 30 days following the Change of Control Payment Date, to redeem all Notes of such Series that remain
outstanding following such purchase at a redemption price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest to, but excluding, the redemption date. 

ARTICLE III 
 LEGAL
DEFEASANCE AND COVENANT DEFEASANCE 
 Article VIII of the Base Indenture shall apply to the Notes, with the modifications set forth
below: 
 SECTION 3.1 Covenant Defeasance. With respect to the Notes of each Series, the phrase “covenants specified in a
Board Resolution, a supplemental indenture hereto or an Officers’ Certificate, in accordance with Section 2.2, with respect to the outstanding Securities of the applicable Series” shall include Section 2.4 (Offer to Repurchase
Upon a Change of Control Triggering Event) of this First Supplemental Indenture. 
 ARTICLE IV 

[RESERVED.] 
 ARTICLE V

 MISCELLANEOUS 

SECTION 5.1 Relationship with Indenture. 

The terms and provisions contained in the Base Indenture will constitute, and are hereby expressly made, a part of this First Supplemental
Indenture. However, to the extent any provision of the Base Indenture conflicts with the express provisions of this First Supplemental Indenture, the provisions of this First Supplemental Indenture will govern and be controlling. In all other
respects, the Base Indenture is confirmed by the parties hereto as supplemented by the terms of this First Supplemental Indenture. 

  
 10 

 SECTION 5.2 Trust Indenture Act Controls. 

If any provision of this First Supplemental Indenture limits, qualifies or conflicts with another provision which is required to be included
in this First Supplemental Indenture by the Trust Indenture Act, the required provision shall control. If any provision of this First Supplemental Indenture modifies or excludes any provision of the Trust Indenture Act which may be so modified or
excluded, the latter provision shall be deemed to apply to this First Supplemental Indenture as so modified or to be excluded, as the case may be. 

SECTION 5.3 Governing Law. 

This First Supplemental Indenture and the Notes shall be governed by and construed in accordance with the laws of the State of New York. 

SECTION 5.4 Counterparts. 

The parties may sign multiple counterparts of this First Supplemental Indenture. Each signed counterpart shall be deemed an original, but all
of them together represent one and the same First Supplemental Indenture. 
 SECTION 5.5 Severability. 

Each provision of this First Supplemental Indenture shall be considered separable and if for any reason any provision which is not essential
to the effectuation of the basic purpose of this First Supplemental Indenture or the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired
thereby and a Holder shall have no claim therefor against any party hereto. 
 SECTION 5.6 Ratification. 

The Base Indenture, as supplemented and amended by this First Supplemental Indenture, is in all respects ratified and confirmed. The Base
Indenture and this First Supplemental Indenture shall be read, taken and construed as one and the same instrument. All provisions included in this First Supplemental Indenture supersede any conflicting provisions included in the Base Indenture,
unless not permitted by law. The Trustee accepts the trusts created by the Base Indenture, as supplemented by this First Supplemental Indenture, and agrees to perform the same upon the terms and conditions of the Base Indenture, as supplemented by
this First Supplemental Indenture. 
 SECTION 5.7 Headings. 

The Section headings in this First Supplemental Indenture are for convenience only and shall not affect the construction thereof. 

SECTION 5.8 Effectiveness. 

The provisions of this First Supplemental Indenture shall become effective as of the date hereof. 

  
 11 

 [Remainder of page intentionally left blank.] 

  
 12 

 IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be
duly executed as of the date first above written. 
  

			
	DICK’S SPORTING GOODS, INC.
		
	By:	 	/s/ Navdeep Gupta
		 	Name: Navdeep Gupta
		 	Title:  Executive Vice President and Chief Financial Officer

  

			
	U.S. BANK NATIONAL ASSOCIATION, 
a national banking association, as Trustee
		
	By:	 	/s/ Robert P. Pavlovic
		 	Name: Robert P. Pavlovic
		 	Title:  Vice President

 [Signature Page to Supplemental Indenture] 

 EXHIBIT A 

Form of 3.150% Senior Notes due 2032 
 [Include
the following legend on each Note that is a Global Note: 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER
NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO. HAS AN INTEREST HEREIN. TRANSFER OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO
A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO HEREIN.] 

DICK’S SPORTING GOODS, INC. 

3.150% Senior Notes due 2032 
  

			
	 REGISTERED
	  	[INITIAL]1 PRINCIPAL AMOUNT: $[ ]
	 No.
	  	
	 CUSIP: 253393 AF9
	  	
	 ISIN: US253393AF94
	  	

 DICK’S SPORTING GOODS, INC., a Delaware corporation (herein called the “Company,” which
term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to [    ] / [Cede & Co.]2, or registered
assigns, the principal sum of [    ] ($[    ]) [or such other amount set forth on the Schedule of Increases and Decreases]3 on January 15, 2032 (the
“Maturity Date”) (except to the extent redeemed or repaid prior to the Maturity Date) and to pay interest thereon from January 14, 2022 (the “Original Issue Date”) or from the most recent Interest Payment Date
(as defined below) to which interest has been paid or duly provided for at the rate of 3.150% per annum, on the 15th day of January and July of each year (each such date, an “Interest Payment Date”), beginning on July 15, 2022,
until the principal hereof is paid or made available for payment. 
  

	1 	 Insert in Global Notes only. 

	2 	 Insert in Global Notes only. 

	3 	 Insert in Global Notes only. 

  
 A-1 

 (1) Payment of Interest. The Company will pay interest on this Note, in arrears, to
the Holders of this Note (or one or more predecessor Securities) at the close of business on the regular record date for such interest, which shall be the January 1st and July 1st (whether or not a Business Day) preceding the applicable Interest
Payment Date. 
 (2) Place of Payment. Payment of principal, premium, if any, and interest on this Note will be made at the Corporate
Trust Office of the Trustee or such other office or agency of the Company as may be designated for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private
debts; provided, however, that each installment of interest, premium, if any, and principal on this Note may at the Company’s option be paid in immediately available funds by wire transfer to an account maintained by the payee with a bank
located in the United States. 
 (3) Time of Payment. If an Interest Payment Date with respect to the Notes falls on a day that is
not a Business Day, interest will be payable on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date and no interest shall accrue in respect of the delay. 

(4) General. This Note is one of a duly authorized Series of Securities of the Company, designated as “3.150% Senior Notes due
2032” (collectively, the “Notes”), initially in an aggregate principal amount of [ ] DOLLARS ($[ ]), issued under an indenture (the “Base Indenture”), dated as of January 14, 2022, between the Company and
U.S. Bank National Association, a national banking association, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture with respect to the Series of which this Note is a part), as
supplemented by a First Supplemental Indenture thereto, dated as of January 14, 2022 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company and the
Trustee. Reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered; provided that to the extent of any inconsistency between the terms and provisions in the Indenture and those contained in this Note, the Indenture shall govern. 

(5) Further Issuance. The Company may, from time to time, without the consent of the Holders of the Notes, issue additional notes
(“Additional Notes”) having the same terms as the Notes in all respects, except for the issue date, the issue price, the initial interest payment date, and the initial date of interest accrual. Any such Additional Notes shall be
consolidated with and form a single Series with the Notes for all purposes of the Indenture. If the Additional Notes are not fungible with the Notes issued on the Issue Date for U.S. federal income tax purposes, the Additional Notes will have a
different CUSIP number. 
 (6) Ranking. The Notes shall rank as unsecured, unsubordinated Securities. 

(7) Events of Default. If an Event of Default with respect to the Notes shall have occurred and be continuing, the principal of the
Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 

  
 A-2 

 (8) Sinking Fund. The Notes will not be entitled to the benefit of any sinking fund
provisions. 
 (9) Optional Redemption. (a) Prior to October 15, 2031, the Company may redeem the Notes, at its option, in
whole or in part, at any time and from time to time, at a redemption price equal to the greater of (1) the sum of the present values of the Remaining Scheduled Payments discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points and (2) 100% of the principal amount of the Notes to be redeemed, plus, in either
case, accrued and unpaid interest thereon, if any, to, but excluding, the redemption date. 
 (b) On or after October 15, 2031, the
Company may redeem the Notes, at its option, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but excluding,
the redemption date. 
 (10) Offer to Repurchase Upon a Change of Control Triggering Event. If a Change of Control Triggering Event
occurs with respect to the Notes, unless the Company has exercised its right to redeem the Notes as described above under paragraph (9) (“Optional Redemption”) or has exercised its option to satisfy and discharge the Indenture with respect
to the Notes, Holders of the Notes shall have the right to require the Company to repurchase all or any part of their Notes for a price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest, if
any, on the Notes repurchased to, but excluding, the date of purchase, as further described in the Indenture. 
 (11) Defeasance and
Covenant Defeasance. The Indenture contains provisions for defeasance at any time of (a) the entire indebtedness of the Company on this Note and (b) certain restrictive covenants and Events of Default, in each case which provisions
shall apply to this Note. 
 (12) Modification and Waivers. The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Notes at any time by the Company and the Trustee with the consent of the Holders of not less than a majority in aggregate
principal amount of the outstanding Notes affected thereby. The Indenture also contains provisions permitting the Holders of not less than a majority in aggregate principal amount of the Notes at the time outstanding, on behalf of the Holders of all
outstanding Notes, to waive compliance by the Company with certain provisions of the Indenture. Furthermore, provisions in the Indenture permit the Holders of not less than a majority in aggregate principal amount of the outstanding Notes to waive
on behalf of all of the Holders of the Notes certain past defaults under the Indenture and their consequences. 
 (13) Registration of
Transfer or Exchange. The Notes presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form
satisfactory to the Company and the Registrar duly executed, by the Holder thereof or his attorney duly authorized in writing. 

  
 A-3 

 Prior to due presentment of the Notes for registration of transfer, the Company, the Trustee
and any agent of the Company or the Trustee may treat the person in whose name the Notes are registered in the register kept by the Registrar as the owner of the Notes for the purpose of receiving payment of principal of and (subject to the record
date provisions thereof) interest on and any Additional Amounts with respect to, the Notes and for all other purposes whatsoever, whether or not any payment with respect to the Notes shall be overdue, and none of the Company, the Trustee or any
agent of the Company or the Trustee shall be affected by notice to the contrary. 
 (14) Defined Terms. All terms used in this Note,
which are defined in the Indenture and are not otherwise defined herein, shall have the meanings assigned to them in the Indenture. 
 (15)
Governing Law. This Note shall be governed by and construed in accordance with the laws of the State of New York. 
 Unless the
certificate of authentication hereon has been executed by the Trustee, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of page intentionally left blank.] 

  
 A-4 

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

Dated:    , 2022 
  

			
	DICK’S SPORTING GOODS, INC.
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-5 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the Series designated therein referred to in the within-mentioned Indenture. 

 

			
	U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Trustee
		
	By:	 	  

		 	Name:
		 	Title:

 Dated:    , 2022 

  
 A-6 

 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 

(Please print or typewrite name and address, 

including postal zip code, of assignee) 
 the
within Note and all rights thereunder, and hereby irrevocably constitutes and appoints 
 to transfer said Note on the books of the Trustee, with full power
or substitution in the premises. 
 Dated: 
  

					
	 	  		  	  

		  	        	  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within Note in every particular, without alteration or enlargement or any change whatsoever.
	  
	  		  	
	Signature of Guarantee	  		  	

  
 A-7 

 [TO BE ATTACHED TO GLOBAL NOTES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTES 

The following increases or decreases in this Global Note have been made: 

 

									
	 Date of
Exchange
	  	
Amount of
decrease in
Principal
Amount of this
Global Note	  	
Amount of
increase in
Principal
Amount of this
Global Note	  	Principal
Amount of this
Global Note
following such
decrease or
increase	  	Signature of
authorized
signatory of
Trustee or Notes
Custodian

  
 A-8 

 EXHIBIT B 

Form of 4.100% Senior Notes due 2052 
 [Include
the following legend on each Note that is a Global Note: 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER
NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO. HAS AN INTEREST HEREIN. TRANSFER OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO
A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO HEREIN.] 

DICK’S SPORTING GOODS, INC. 

4.100% Senior Notes due 2052 
  

			
	 REGISTERED
	  	[INITIAL]4 PRINCIPAL AMOUNT: $[ ]
	 No.
	  	
	 CUSIP: 253393 AG7
	  	
	 ISIN: US253393AG77
	  	

 DICK’S SPORTING GOODS, INC., a Delaware corporation (herein called the “Company,” which
term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to [ ] / [Cede & Co.]5, or registered assigns, the principal
sum of [ ] ($[ ]) [or such other amount set forth on the Schedule of Increases and Decreases]6 on January 15, 2052 (the “Maturity Date”) (except to the extent redeemed or
repaid prior to the Maturity Date) and to pay interest thereon from January 14, 2022 (the “Original Issue Date”) or from the most recent Interest Payment Date (as defined below) to which interest has been paid or duly provided
for at the rate of 4.100% per annum, on the 15th day of January and July of each year (each such date, an “Interest Payment Date”), commencing on July 15, 2022, until the principal hereof is paid or made available for payment.

  
  

	4 	 Insert in Global Notes only. 

	5 	 Insert in Global Notes only. 

	6 	 Insert in Global Notes only. 

  
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 (1) Payment of Interest. The Company will pay interest on this Note, in arrears, to
the Holders of this Note (or one or more predecessor Securities) at the close of business on the regular record date for such interest, which shall be the January 1st and July 1st (whether or not a Business Day), preceding the applicable Interest
Payment Date. 
 (2) Place of Payment. Payment of principal, premium, if any, and interest on this Note will be made at the Corporate
Trust Office of the Trustee or such other office or agency of the Company as may be designated for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private
debts; provided, however, that each installment of interest, premium, if any, and principal on this Note may at the Company’s option be paid in immediately available funds by wire transfer to an account maintained by the payee with a bank
located in the United States. 
 (3) Time of Payment. If an Interest Payment Date with respect to the Notes falls on a day that is
not a Business Day, interest will be payable on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date and no interest shall accrue in respect of the delay. 

(4) General. This Note is one of a duly authorized Series of Securities of the Company, designated as “4.100% Senior Notes due
2052” (collectively, the “Notes”), initially in an aggregate principal amount of [ ] DOLLARS ($[ ]), issued under an indenture (the “Base Indenture”), dated as of January 14, 2022, between the Company and
U.S. Bank National Association, a national banking association, as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture with respect to the Series of which this Note is a part), as
supplemented by a First Supplemental Indenture thereto, dated as of January 14, 2022 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company and the
Trustee. Reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered; provided that to the extent of any inconsistency between the terms and provisions in the Indenture and those contained in this Note, the Indenture shall govern. 

(5) Further Issuance. The Company may, from time to time, without the consent of the Holders of the Notes, issue additional notes
(“Additional Notes”) having the same terms as the Notes in all respects, except for the issue date, the issue price, the initial interest payment date, and the initial date of interest accrual. Any such Additional Notes shall be
consolidated with and form a single Series with the Notes for all purposes of the Indenture. If the Additional Notes are not fungible with the Notes issued on the Issue Date for U.S. federal income tax purposes, the Additional Notes will have a
different CUSIP number. 
 (6) Ranking. The Notes shall rank as unsecured, unsubordinated Securities. 

(7) Events of Default. If an Event of Default with respect to the Notes shall have occurred and be continuing, the principal of the
Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 

  
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 (8) Sinking Fund. The Notes will not be entitled to the benefit of any sinking fund
provisions. 
 (9) Optional Redemption. (a) Prior to July 15, 2051, the Company may redeem the Notes, at its option, in
whole or in part, at any time and from time to time, at a redemption price equal to the greater of (1) the sum of the present values of the Remaining Scheduled Payments discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 30 basis points and (2) 100% of the principal amount of the Notes to be redeemed, plus, in either
case, accrued and unpaid interest thereon, if any, to, but excluding, the redemption date. 
 (b) On or after July 15, 2051, the
Company may redeem the Notes, at its option, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but excluding,
the redemption date. 
 (10) Offer to Repurchase Upon a Change of Control Triggering Event. If a Change of Control Triggering Event
occurs with respect to the Notes, unless the Company has exercised its right to redeem the Notes as described above under paragraph (9) (“Optional Redemption”) or has exercised its option to satisfy and discharge the Indenture with respect
to the Notes, Holders of the Notes shall have the right to require the Company to repurchase all or any part of their Notes for a price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest, if
any, on the Notes repurchased to, but excluding, the date of purchase, as further described in the Indenture. 
 (11) Defeasance and
Covenant Defeasance. The Indenture contains provisions for defeasance at any time of (a) the entire indebtedness of the Company on this Note and (b) certain restrictive covenants and Events of Default, in each case which provisions
shall apply to this Note. 
 (12) Modification and Waivers. The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Notes at any time by the Company and the Trustee with the consent of the Holders of not less than a majority in aggregate
principal amount of the outstanding Notes affected thereby. The Indenture also contains provisions permitting the Holders of not less than a majority in aggregate principal amount of the Notes at the time outstanding, on behalf of the Holders of all
outstanding Notes, to waive compliance by the Company with certain provisions of the Indenture. Furthermore, provisions in the Indenture permit the Holders of not less than a majority in aggregate principal amount of the outstanding Notes to waive
on behalf of all of the Holders of the Notes certain past defaults under the Indenture and their consequences. 
 (13) Registration of
Transfer or Exchange. The Notes presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form
satisfactory to the Company and the Registrar duly executed, by the Holder thereof or his attorney duly authorized in writing. 

  
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 Prior to due presentment of the Notes for registration of transfer, the Company, the Trustee
and any agent of the Company or the Trustee may treat the person in whose name the Notes are registered in the register kept by the Registrar as the owner of the Notes for the purpose of receiving payment of principal of and (subject to the record
date provisions thereof) interest on and any Additional Amounts with respect to, the Notes and for all other purposes whatsoever, whether or not any payment with respect to the Notes shall be overdue, and none of the Company, the Trustee or any
agent of the Company or the Trustee shall be affected by notice to the contrary. 
 (14) Defined Terms. All terms used in this Note,
which are defined in the Indenture and are not otherwise defined herein, shall have the meanings assigned to them in the Indenture. 
 (15)
Governing Law. This Note shall be governed by and construed in accordance with the laws of the State of New York. 
 Unless the
certificate of authentication hereon has been executed by the Trustee, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of page intentionally left blank.] 

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

Dated: , 2022 
  

			
	DICK’S SPORTING GOODS, INC.
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	By:	 	 
		 	Name:
		 	Title:

  
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 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the Series designated therein referred to in the within-mentioned Indenture. 

 

			
	U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Trustee
		
	By:	 	 
		 	Name:
		 	Title:

 Dated: , 2022 

  
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 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 

(Please print or typewrite name and address, 

including postal zip code, of assignee) 
 the
within Note and all rights thereunder, and hereby irrevocably constitutes and appoints 
 to transfer said Note on the books of the Trustee, with full power
or substitution in the premises. 
 Dated: 
  

					
	 	 		  	 
		 	        	  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within Note in every particular, without alteration or enlargement or any change whatsoever.
	 	 		  	
	Signature of Guarantee	 		  	

  
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 [TO BE ATTACHED TO GLOBAL NOTES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTES 

The following increases or decreases in this Global Note have been made: 

 

									
	 Date of
Exchange
	 	
Amount of
decrease in
Principal
Amount of this
Global Note
	 	 Amount of increase in
Principal
Amount of this
Global Note
	 	 Principal
Amount of this
Global Note
following such
decrease or increase
	 	 Signature of authorized
signatory of
Trustee or Notes
Custodian

  
  

 
  
  

 

  
 B-8

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