Document:

Exhibit 4.3

    

     

    

    
      UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
        AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS 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.

      

      

      OCCIDENTAL PETROLEUM CORPORATION

      

      

      3.450% SENIOR NOTES DUE 2024

      

      

      	
              NO.

            	
              PRINCIPAL AMOUNT:

            
	 	
              U.S.$[  ]

            

      

      

      CUSIP: 674599 DA0

      ISIN: US674599DA04

      

      

      	
              ORIGINAL ISSUE DATE:

            	
              September [18], 2019

            
	
              MATURITY DATE:

            	
              July 15, 2024

            
	
              INTEREST RATE:

            	
              3.450% per annum

            
	
              INTEREST PAYMENT DATES:

            	
              January 15 and July 15, commencing January 15, 2020

            
	
              REGULAR RECORD DATES:

            	
              January 1 and July 1

            
	
              REDEMPTION DATE/PRICE:

            	
              See Further Provisions Set Forth Herein

            

      

      

      
        
          

      

      
      OCCIDENTAL PETROLEUM CORPORATION, a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the “Company,” which term includes any successor under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & CO., or
        registered assigns, the lesser of (i) the Principal Amount specified above and (ii) the Principal Amount set forth on the Schedule of Exchanges of Interests in the Global Note attached hereto on the Maturity Date specified above (unless and to the
        extent earlier redeemed prior to such Maturity Date) and to pay interest thereon from July 15, 2019 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on January 15 and July
        15 in each year, commencing on January 15, 2020, at the rate per annum specified above, until the principal hereof is paid or made available for payment. Interest on this Note will be computed on the basis of a 360-day year comprised of twelve
        30-day months. Interest payments for this Note will include interest accrued to but excluding each Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the
        Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date, which shall be the January 1 or July 1 (whether or not a Business Day), as the case
        may be, immediately preceding such Interest Payment Date. If any Interest Payment Date or Maturity with respect to this Note falls on a day that is not a Business Day, the payment due on such Interest Payment Date or Maturity will be made on the
        next succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Maturity, and no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date or Maturity, as the
        case may be, until such following Business Day. Except as otherwise provided in the Indenture, any Defaulted Interest will forthwith cease to be payable to the Holder on the Regular Record Date with respect to such Interest Payment Date by virtue
        of having been such Holder and may either (1) be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be
        fixed by the Trustee (as defined below), notice of which will be given to Holders of Notes not less than 10 days prior to such Special Record Date, or (2) be paid at any time in any other lawful manner not inconsistent with the requirements of any
        securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. Payment of the principal of and interest on this Note will be made at the Corporate Trust
        Office of the Trustee in the Borough of Manhattan, The City of New York, or at the office or agency of the Trustee maintained for that purpose in the Borough of Manhattan, The City of New York, or at any other office or agency designated by the
        Company 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 that, at the option of the Company, payment of interest due on any Interest Payment Date may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or
        by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the applicable Interest Payment Date.

      

      

      Reference is hereby made to the further provisions of this Note set forth below, which further provisions shall for all purposes have the same effect as if set forth at
        this place.

      

      

      Unless the certificate of authentication hereon has been executed by the Trustee or its duly appointed co-authenticating agent by manual signature, this Note shall not be
        entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

      

      

      [signature page follows]

      

      

      
        2

        
          

      

      IN WITNESS WHEREOF, OCCIDENTAL PETROLEUM CORPORATION has caused this Note to be signed by the signature of its Chairman of the Board, its President, a
        Vice President, its Treasurer or an Assistant Treasurer.

      

      

      Dated:

       

      

      	 	
              OCCIDENTAL PETROLEUM CORPORATION

            
	 	 	 
	 	
              By:

            	 
	 	
              Name:

            	 
	 	
              Title:

            	 

      

      

      
        3

        
          

      

      TRUSTEE’S CERTIFICATE OF AUTHENTICATION

      

      

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

      

      

      Dated:

      

      

      The Bank of New York Mellon Trust Company, N.A., as Trustee

      

      

      	
              By:

            	 	 
	 	
              Authorized Signatory

            	 

      

      

      
        4

        
          

      

      This Note is one of a duly authorized issue of securities (herein called the “Securities”) of the Company, issued and to be issued pursuant to the Indenture (as defined below). This Note is one of a series designated by the Company as its 3.450% Senior Notes due 2024 (the “Notes”), limited in initial aggregate principal amount to $[  ]. The Indenture does not limit the aggregate principal amount of the Securities.

      

      

      The Company issued this Note pursuant to an Indenture, dated as of August 8, 2019 (herein called the “Indenture” which term, for the purpose of this Note, shall include the Officer’s Certificate dated September [18], 2019, delivered pursuant to Sections 201 and 301 of the Indenture), between the Company and
        The Bank of New York Mellon Trust Company, N.A., as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to
        which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and Holders of the Notes and of the terms
        upon which the Notes are, and are to be, authenticated and delivered.

      

      

      The Notes are issuable in denominations of $2,000 and any amount in excess thereof which is an integral multiple of $1,000. As provided in the
        Indenture and subject to certain limitations therein set forth, the Notes are exchangeable for a like aggregate principal amount of Notes of like tenor of any authorized denomination, as requested by the Holder surrendering the same, upon surrender
        of the Note or Notes to be exchanged at any office or agency described below where Notes may be presented for registration of transfer.

      

      

      The Company may, from time to time, without notice to or the consent of the Holders of the Notes, reopen the Notes and issue additional Notes.

      

      

      The Notes are redeemable, in whole at any time or in part from time to time prior to April 15, 2024 (the “Par Call Date”), at the option of the Company at a Redemption Price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) as determined by the Quotation Agent,
        the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed through the Par Call Date (not including any portion of such payments of interest accrued to, but not including, the Redemption
        Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year comprised of twelve 30-day months) at the Treasury Rate (as defined herein) plus 15 basis points plus, in each case, accrued and unpaid interest on the
        principal amount of the Notes being redeemed to, but not including, the Redemption Date. On and after the Par Call Date, the Notes are redeemable, in whole at any time or in part from time to time, at the option of the Company at a Redemption Price
        equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on the principal amount of the Notes being redeemed to, but not including, the Redemption Date. Notwithstanding the foregoing, installments of
        interest whose Stated Maturity is on or prior to the relevant Redemption Date shall be payable to the Holders of the Notes, or one or more Predecessor Securities, of record at the close of business on the relevant Regular Record Dates according to
        their terms and the provisions of the Indenture.

      

      

      “Treasury Rate” means, with respect to any Redemption Date,
        the rate per annum, as determined by the Quotation Agent equal to:

      

      

      
        5

        
          

      

      
        
          	

                	•	
                  the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
                    any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
                    “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this
                    purpose, that the Notes mature on the Par Call Date), yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from
                    those yields on a straight-line basis rounding to the nearest month; or

                

        

      

      

      

      
        
          	

                	•	
                  if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
                    semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
                    Redemption Date.

                

        

      

      

      

      The Treasury Rate will be calculated at 5:00 p.m. (New York City time) on the third Business Day preceding the Redemption Date by the Quotation Agent.

      

      

      “Comparable Treasury Issue” means, with respect to any
        Redemption Date, the United States Treasury security selected by the Quotation Agent that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of
        comparable maturity to the remaining term of the Notes (assuming, for this purpose, that the Notes mature on the Par Call Date).

      

      

      “Comparable Treasury Price” means, with respect to any
        Redemption Date, (1) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than three Reference
        Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations, such average in any case to be determined by the Quotation Agent, or (3) if only one Reference Treasury Dealer Quotation is received, such Reference Treasury
        Dealer Quotation.

      

      

      “Quotation Agent” means, with respect to any Redemption Date,
        the Reference Treasury Dealer appointed by the Company.

      

      

      “Reference Treasury Dealer” means, with respect to any
        Redemption Date, each of (1) BofA Securities, Inc. and Citigroup Global Markets Inc. (or their respective affiliates that are primary U.S. Government securities dealers) and their respective successors; provided, however, that if any of them shall
        cease to be a primary U.S. Government securities dealer in the United States of America (a “Primary Treasury Dealer”), the Company shall substitute for it
        another Primary Treasury Dealer; and (2) any other Primary Treasury Dealer or Dealers selected by the Company.

      

      

      
        6

        
          

      

      “Reference Treasury Dealer Quotations” means, with respect to
        each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in
        writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m. (New York City time) on the third Business Day in The City of New York preceding such Redemption Date.

      

      

      Notice of any redemption will be sent at least 10 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed,
        all as more fully provided in the Indenture. Unless the Company defaults in payment of the Redemption Price (or any accrued and unpaid interest on the Notes or portions thereof to be redeemed), on and after the Redemption Date interest will cease
        to accrue on the Notes or portions thereof called for redemption. If less than all of the Notes are to be redeemed, the Notes (or portions thereof) to be redeemed shall be selected, in the case of Global Notes, in accordance with the policies and
        procedures of the depository or, in the case of Definitive Notes, by the Trustee by such method as the Trustee shall deem fair and appropriate, all as more fully provided in the Indenture.

      

      

      All notices of redemption shall state the Redemption Date, the Redemption Price (or, if not then ascertainable, the manner of calculation thereof), if
        fewer than all the Outstanding Notes are to be redeemed, the identification (and, in the case of partial redemption, the principal amounts) of the particular Notes to be redeemed, that on the Redemption Date the Redemption Price will become due and
        payable upon each Note, or portion thereof, to be redeemed, together with accrued and unpaid interest thereon, that interest on each Note, or portion thereof, called for redemption will cease to accrue on the Redemption Date and the place or places
        where Notes may be surrendered for redemption.

      

      

      In the event of redemption of this Note in part only, a new Note or Notes of like tenor in an aggregate principal amount equal to and in exchange for
        the unredeemed portion of the principal amount hereof will be issued in authorized denominations in the name of the Holder hereof upon surrender hereof.

      

      

      For all purposes of this Note and the Indenture, unless the context otherwise requires, all provisions relating to the redemption by the Company of
        this Note shall relate, in the case that this Note is redeemed, or to be redeemed, by the Company only in part, to that portion of the principal amount of this Note that has been, or is to be, redeemed.

      

      

      If an Event of Default with respect to the Notes shall occur and be continuing, the principal of and accrued interest on the Notes may be declared due
        and payable in the manner and with the effect provided in the Indenture.

      

      

      
        7

        
          

      

      The Indenture permits, in certain circumstances therein specified, the amendment thereof without the consent of the Holders of the Securities. The
        Indenture also permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations under the Indenture of the Company and the rights of Holders of the Securities of each series to be
        affected under the Indenture at any time by the Company and the Trustee with the consent  of (i) the Holders of not less than a majority in principal amount of the Outstanding Securities of all series voting as a single class or (ii) if fewer than
        all of the series of the Outstanding Securities are affected by such addition, change, elimination, or modification, the Holders of not less than a majority in principal amount of the Outstanding Securities of all series so affected voting as a
        single class (including, for the avoidance of doubt, consents obtained in connection with a purchase of, or tender offer or exchange for, such debt securities). The Indenture also contains provisions permitting the Holders of not less than a
        majority in aggregate principal amount of the Outstanding Securities of any series, on behalf of the Holders of all Outstanding Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past
        defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of
        transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

      

      

      No reference herein to the Indenture and no provision of this Note, subject to the provisions for satisfaction and discharge in Article Four of the
        Indenture, shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

      

      

      The Company shall be permitted, by irrevocably depositing cash or U.S. Government Obligations, in amounts and maturities sufficient to pay and
        discharge at the Stated Maturity or Redemption Date, as the case may be, the entire indebtedness on all Outstanding Notes that have become due and payable or will become due and payable within one year (or are scheduled for redemption within one
        year), with the Trustee in trust, solely for the benefit of the Holders of all Outstanding Notes, to defease the Indenture with respect to such Notes (subject to specified exceptions), and upon such deposit and satisfaction of the other conditions
        set forth in the Indenture, the Company shall be deemed to have paid and discharged its entire indebtedness on the Notes.

      

      

      The Company shall also be permitted to discharge, at any time, its obligations in respect of the Notes (other than certain limited obligations, such as
        the obligation to transfer and exchange the Notes) by (1)(a) delivering all of the outstanding Notes to the Trustee to be cancelled or (b) depositing with the Trustee in trust funds or non-callable United States government or government-guaranteed
        obligations sufficient, without investment, to pay all remaining principal and interest on the Notes and (2) complying with certain other provisions of the Indenture, including delivering to the Trustee an opinion of counsel from a nationally
        recognized counsel or an IRS ruling stating that (A) the Company has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of the Indenture, there has been a change in the applicable federal
        income tax law, in the case of either (A) or (B) to the effect that the Holders of the Notes will not recognize income, gain or loss for federal income tax purposes as a result of such discharge and will be subject to federal income tax on the same
        amount, in the same manner and at the same times as would be the case if such deposit and discharge were not to occur.

      

      

      
        8

        
          

      

      The Company shall also be permitted to omit to comply with the restrictive covenants described in Sections 1007 and 801 of the Indenture, with respect
        to the Notes, and the omission shall not be an Event of Default, pursuant to the Company’s right to covenant defeasance. In order to exercise the Company’s right to covenant defeasance, the Company will be required to deposit with the Trustee, in
        trust funds or non-callable United States government or government-guaranteed obligations, funds sufficient, without investment, to pay all remaining principal and interest on the Notes. To effect a covenant defeasance with respect to the Notes,
        the Company shall be required to deliver to the Trustee an opinion of counsel to the effect that the holders of the Notes will not recognize gain or loss for federal income tax purposes as a result of the deposit and the covenant defeasance and
        will be subject to federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit and covenant defeasance were not to occur.

      

      

      As provided in the Indenture and subject to certain limitations therein set forth, the transfer of Notes is registrable in the Security Register, upon
        surrender of a Note for registration of transfer at the Corporate Trust Office of the Trustee or at the office or agency of the Trustee maintained for such purpose in the Borough of Manhattan, The City of New York, or at such other offices or
        agencies as the Company may designate, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by the Holder thereof or his attorney duly authorized in
        writing, and thereupon one or more new Notes of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

      

      

      No service charge shall be made by the Company, the Trustee or the Security Registrar for any such registration of transfer or exchange, but the
        Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith (other than exchanges pursuant to Sections 304, 305, 906 or 1107 of the Indenture not involving any transfer).

      

      

      Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the
        Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

      

      

      This Note shall be governed by and construed in accordance with the law of the State of New York (without regard to conflicts of laws principles
        thereof).

      

      

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

      

      

      All undefined terms (whether or not capitalized) used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

      

      

      
        9

        
          

      

      ASSIGNMENT FORM

      

      

      To assign this Note, fill in the form below:

      

      

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

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

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

            
	 	 
	
              and irrevocably appoint

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

            
	 
	 

      

      

      	
              Date:

            	 	 	 	 
	 	 	 	
              Your Signature:

            	 
	 	 	

            	
              (Sign exactly as your name(s)

              appear(s) on the face of this Note)

            

      

      

      	
              Signature Guarantee*

            
	 
	 
	 
	
              *NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
                Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.

            

      

      

      
        10

        
          

      

      SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE

      

      

      The initial outstanding principal amount of this Global Note is $                         . The following exchanges of an interest in this Global Note
        for an interest in another Global Note or for a Definitive Note, or exchanges of an interest in another Global Note or Definitive Notes for an interest in this Global Note, have been made:

      

      

      
        	
                Date of Exchange

              	
                Amount of

                Decrease in

                Principal

                Amount of this

                Global Note

              	
                Amount of

                Increase in

                Principal

                Amount of this

                Global Note

              	
                Principal Amount

                of this Global

                Note Following

                Such Decrease

                (or Increase)

              	
                Signature of

                Authorized

                Officer of

                Trustee or

                Security

                Custodian

              
	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              

      

      11Exhibit 4.4

    

    
       

      

      UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
        AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS 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.

      

      

      OCCIDENTAL PETROLEUM CORPORATION

      

      

      6.950% SENIOR NOTES DUE 2024

      

      

      	
              NO.

            	
              PRINCIPAL AMOUNT:

            
	 	
              U.S.$[  ]

            

      

      

      CUSIP: 674599 DB8

      ISIN: US674599DB86

      

      

      	
              ORIGINAL ISSUE DATE:

            	
              September [18], 2019

            
	
              MATURITY DATE:

            	
              July 1, 2024

            
	
              INTEREST RATE:

            	
              6.950% per annum

            
	
              INTEREST PAYMENT DATES:

            	
              January 1 and July 1, commencing January 1, 2020

            
	
              REGULAR RECORD DATES:

            	
              December 15 and June 15

            
	
              REDEMPTION DATE/PRICE:

            	
              See Further Provisions Set Forth Herein

            

      

      

      
        
          

      

      
      OCCIDENTAL PETROLEUM CORPORATION, a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the “Company,” which term includes any successor under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & CO., or
        registered assigns, the lesser of (i) the Principal Amount specified above and (ii) the Principal Amount set forth on the Schedule of Exchanges of Interests in the Global Note attached hereto on the Maturity Date specified above (unless and to the
        extent earlier redeemed prior to such Maturity Date) and to pay interest thereon from July 1, 2019 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on January 1 and July 1
        in each year, commencing on January 1, 2020, at the rate per annum specified above, until the principal hereof is paid or made available for payment. Interest on this Note will be computed on the basis of a 360-day year comprised of twelve 30-day
        months. Interest payments for this Note will include interest accrued to but excluding each Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture,
        be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date, which shall be the December 15 or June 15 (whether or not a Business Day), as the case may be,
        immediately preceding such Interest Payment Date. If any Interest Payment Date or Maturity with respect to this Note falls on a day that is not a Business Day, the payment due on such Interest Payment Date or Maturity will be made on the next
        succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Maturity, and no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date or Maturity, as the case may
        be, until such following Business Day. Except as otherwise provided in the Indenture, any Defaulted Interest will forthwith cease to be payable to the Holder on the Regular Record Date with respect to such Interest Payment Date by virtue of having
        been such Holder and may either (1) be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the
        Trustee (as defined below), notice of which will be given to Holders of Notes not less than 10 days prior to such Special Record Date, or (2) be paid at any time in any other lawful manner not inconsistent with the requirements of any securities
        exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. Payment of the principal of and interest on this Note will be made at the Corporate Trust Office of
        the Trustee in the Borough of Manhattan, The City of New York, or at the office or agency of the Trustee maintained for that purpose in the Borough of Manhattan, The City of New York, or at any other office or agency designated by the Company 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 that,
        at the option of the Company, payment of interest due on any Interest Payment Date may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire transfer of immediately
        available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the applicable Interest Payment Date.

      

      

      Reference is hereby made to the further provisions of this Note set forth below, which further provisions shall for all purposes have the same effect as if set forth at
        this place.

      

      

      Unless the certificate of authentication hereon has been executed by the Trustee or its duly appointed co-authenticating agent by manual signature, this Note shall not be
        entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

      

      

      [signature page follows]

      

      

      
        2

        
          

      

      IN WITNESS WHEREOF, OCCIDENTAL PETROLEUM CORPORATION has caused this Note to be signed by the signature of its Chairman of the Board, its President, a
        Vice President, its Treasurer or an Assistant Treasurer.

      

      

      Dated:

      

      

      	 	
              OCCIDENTAL PETROLEUM CORPORATION

            
	 	 	 
	 	
              By:

            	

            
	 	
              Name:

            	 
	 	
              Title:

            	 

      

      

      
        3

        
          

      

      TRUSTEE’S CERTIFICATE OF AUTHENTICATION

      

      

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

      

      

      Dated:

      

      

      The Bank of New York Mellon Trust Company, N.A., as Trustee

      

      

      	
              By:

            	 	 
	 	
              Authorized Signatory

            	 

      

      

      
        4

        
          

      

      This Note is one of a duly authorized issue of securities (herein called the “Securities”) of the Company, issued and to be issued pursuant to the Indenture (as defined below). This Note is one of a series designated by the Company as its 6.950% Senior Notes due 2024 (the “Notes”), limited in initial aggregate principal amount to $[  ]. The Indenture does not limit the aggregate principal amount of the Securities.

      

      

      The Company issued this Note pursuant to an Indenture, dated as of August 8, 2019 (herein called the “Indenture” which term, for the purpose of this Note, shall include the Officer’s Certificate dated September [18], 2019, delivered pursuant to Sections 201 and 301 of the Indenture), between the Company and
        The Bank of New York Mellon Trust Company, N.A., as trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to
        which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and Holders of the Notes and of the terms
        upon which the Notes are, and are to be, authenticated and delivered.

      

      

      The Notes are issuable in denominations of $1,000 and any amount in excess thereof which is an integral multiple of $1,000. As provided in the
        Indenture and subject to certain limitations therein set forth, the Notes are exchangeable for a like aggregate principal amount of Notes of like tenor of any authorized denomination, as requested by the Holder surrendering the same, upon surrender
        of the Note or Notes to be exchanged at any office or agency described below where Notes may be presented for registration of transfer.

      

      

      The Company may, from time to time, without notice to or the consent of the Holders of the Notes, reopen the Notes and issue additional Notes.

      

      

      The Notes are redeemable, in whole at any time or in part from time to time prior to final maturity, at the option of the Company at a Redemption Price
        equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be
        redeemed through the final maturity (not including any portion of such payments of interest accrued to, but not including, the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year comprised of twelve
        30-day months) at the Treasury Rate (as defined herein) plus 30 basis points plus, in each case, accrued and unpaid interest on the principal amount of the Notes being redeemed to, but not including, the Redemption Date. Notwithstanding the
        foregoing, installments of interest whose Stated Maturity is on or prior to the relevant Redemption Date shall be payable to the Holders of the Notes, or one or more Predecessor Securities, of record at the close of business on the relevant Regular
        Record Dates according to their terms and the provisions of the Indenture.

      

      

      “Treasury Rate” means, with respect to any Redemption Date,
        the rate per annum, as determined by the Quotation Agent equal to:

      

      

      
        5

        
          

      

      
        
          	

                	•	
                  the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
                    any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
                    “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two
                    published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or

                

        

      

      

      

      
        
          	

                	•	
                  if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
                    semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
                    Redemption Date.

                

        

      

      

      

      The Treasury Rate will be calculated at 5:00 p.m. (New York City time) on the third Business Day preceding the Redemption Date by the Quotation Agent.

      

      

      “Comparable Treasury Issue” means, with respect to any
        Redemption Date, the United States Treasury security selected by the Quotation Agent that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of
        comparable maturity to the remaining term of the Notes.

      

      

      “Comparable Treasury Price” means, with respect to any
        Redemption Date, (1) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than three Reference
        Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations, such average in any case to be determined by the Quotation Agent, or (3) if only one Reference Treasury Dealer Quotation is received, such Reference Treasury
        Dealer Quotation.

      

      

      “Quotation Agent” means, with respect to any Redemption Date,
        the Reference Treasury Dealer appointed by the Company.

      

      

      “Reference Treasury Dealer” means, with respect to any
        Redemption Date, each of (1) BofA Securities, Inc. and Citigroup Global Markets Inc. (or their respective affiliates that are primary U.S. Government securities dealers) and their respective successors; provided, however, that if any of them shall
        cease to be a primary U.S. Government securities dealer in the United States of America (a “Primary Treasury Dealer”), the Company shall substitute for it
        another Primary Treasury Dealer; and (2) any other Primary Treasury Dealer or Dealers selected by the Company.

      

      

      “Reference Treasury Dealer Quotations” means, with respect to
        each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in
        writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m. (New York City time) on the third Business Day in The City of New York preceding such Redemption Date.

      

      

      
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      Notice of any redemption will be sent at least 10 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed,
        all as more fully provided in the Indenture. Unless the Company defaults in payment of the Redemption Price (or any accrued and unpaid interest on the Notes or portions thereof to be redeemed), on and after the Redemption Date interest will cease
        to accrue on the Notes or portions thereof called for redemption. If less than all of the Notes are to be redeemed, the Notes (or portions thereof) to be redeemed shall be selected, in the case of Global Notes, in accordance with the policies and
        procedures of the depository or, in the case of Definitive Notes, by the Trustee by such method as the Trustee shall deem fair and appropriate, all as more fully provided in the Indenture.

      

      

      All notices of redemption shall state the Redemption Date, the Redemption Price (or, if not then ascertainable, the manner of calculation thereof), if
        fewer than all the Outstanding Notes are to be redeemed, the identification (and, in the case of partial redemption, the principal amounts) of the particular Notes to be redeemed, that on the Redemption Date the Redemption Price will become due and
        payable upon each Note, or portion thereof, to be redeemed, together with accrued and unpaid interest thereon, that interest on each Note, or portion thereof, called for redemption will cease to accrue on the Redemption Date and the place or places
        where Notes may be surrendered for redemption.

      

      

      In the event of redemption of this Note in part only, a new Note or Notes of like tenor in an aggregate principal amount equal to and in exchange for
        the unredeemed portion of the principal amount hereof will be issued in authorized denominations in the name of the Holder hereof upon surrender hereof.

      

      

      For all purposes of this Note and the Indenture, unless the context otherwise requires, all provisions relating to the redemption by the Company of
        this Note shall relate, in the case that this Note is redeemed, or to be redeemed, by the Company only in part, to that portion of the principal amount of this Note that has been, or is to be, redeemed.

      

      

      If an Event of Default with respect to the Notes shall occur and be continuing, the principal of and accrued interest on the Notes may be declared due
        and payable in the manner and with the effect provided in the Indenture.

      

      

      
        7

        
          

      

      The Indenture permits, in certain circumstances therein specified, the amendment thereof without the consent of the Holders of the Securities. The
        Indenture also permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations under the Indenture of the Company and the rights of Holders of the Securities of each series to be
        affected under the Indenture at any time by the Company and the Trustee with the consent  of (i) the Holders of not less than a majority in principal amount of the Outstanding Securities of all series voting as a single class or (ii) if fewer than
        all of the series of the Outstanding Securities are affected by such addition, change, elimination, or modification, the Holders of not less than a majority in principal amount of the Outstanding Securities of all series so affected voting as a
        single class (including, for the avoidance of doubt, consents obtained in connection with a purchase of, or tender offer or exchange for, such debt securities). The Indenture also contains provisions permitting the Holders of not less than a
        majority in aggregate principal amount of the Outstanding Securities of any series, on behalf of the Holders of all Outstanding Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past
        defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of
        transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

      

      

      No reference herein to the Indenture and no provision of this Note, subject to the provisions for satisfaction and discharge in Article Four of the
        Indenture, shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

      

      

      The Company shall be permitted, by irrevocably depositing cash or U.S. Government Obligations, in amounts and maturities sufficient to pay and
        discharge at the Stated Maturity or Redemption Date, as the case may be, the entire indebtedness on all Outstanding Notes that have become due and payable or will become due and payable within one year (or are scheduled for redemption within one
        year), with the Trustee in trust, solely for the benefit of the Holders of all Outstanding Notes, to defease the Indenture with respect to such Notes (subject to specified exceptions), and upon such deposit and satisfaction of the other conditions
        set forth in the Indenture, the Company shall be deemed to have paid and discharged its entire indebtedness on the Notes.

      

      

      The Company shall also be permitted to discharge, at any time, its obligations in respect of the Notes (other than certain limited obligations, such as
        the obligation to transfer and exchange the Notes) by (1)(a) delivering all of the outstanding Notes to the Trustee to be cancelled or (b) depositing with the Trustee in trust funds or non-callable United States government or government-guaranteed
        obligations sufficient, without investment, to pay all remaining principal and interest on the Notes and (2) complying with certain other provisions of the Indenture.

      

      

      The Company shall also be permitted to omit to comply with the restrictive covenants described in Sections 1007 and 801 of the Indenture, with respect
        to the Notes, and the omission shall not be an Event of Default, pursuant to the Company’s right to covenant defeasance. In order to exercise the Company’s right to covenant defeasance, the Company will be required to deposit with the Trustee, in
        trust funds or non-callable United States government or government-guaranteed obligations, funds sufficient, without investment, to pay all remaining principal and interest on the Notes. To effect a covenant defeasance with respect to the Notes,
        the Company shall be required to deliver to the Trustee an opinion of counsel to the effect that the holders of the Notes will not recognize gain or loss for federal income tax purposes as a result of the deposit and the covenant defeasance and
        will be subject to federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit and covenant defeasance were not to occur.

      

      

      
        8

        
          

      

      As provided in the Indenture and subject to certain limitations therein set forth, the transfer of Notes is registrable in the Security Register, upon
        surrender of a Note for registration of transfer at the Corporate Trust Office of the Trustee or at the office or agency of the Trustee maintained for such purpose in the Borough of Manhattan, The City of New York, or at such other offices or
        agencies as the Company may designate, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by the Holder thereof or his attorney duly authorized in
        writing, and thereupon one or more new Notes of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

      

      

      No service charge shall be made by the Company, the Trustee or the Security Registrar for any such registration of transfer or exchange, but the
        Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith (other than exchanges pursuant to Sections 304, 305, 906 or 1107 of the Indenture not involving any transfer).

      

      

      Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the
        Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

      

      

      This Note shall be governed by and construed in accordance with the law of the State of New York (without regard to conflicts of laws principles
        thereof).

      

      

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

      

      

      All undefined terms (whether or not capitalized) used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

      

      

      
        9

        
          

      

      ASSIGNMENT FORM

      

      

      To assign this Note, fill in the form below:

      

      

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

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

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

            
	 
	
              and irrevocably appoint

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

            
	 
	 

      

      

      	
              Date:

            	 	 	 	 
	 	 	 	
              Your Signature:

            	 
	 	 	 	 	
              (Sign exactly as your name(s)

              appear(s) on the face of this Note)

            

      

      

      	
              Signature Guarantee*

            
	 
	 
	 
	
              *NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
                Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.

            

      

      

      
        10

        
          

      

      SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE

      

      

      The initial outstanding principal amount of this Global Note is $                         . The following exchanges of an interest in this Global Note
        for an interest in another Global Note or for a Definitive Note, or exchanges of an interest in another Global Note or Definitive Notes for an interest in this Global Note, have been made:

      

      

      
        	
                Date of Exchange

              	
                Amount of

                Decrease in

                Principal

                Amount of this

                Global Note

              	
                Amount of

                Increase in

                Principal

                Amount of this

                Global Note

              	
                Principal Amount

                of this Global

                Note Following

                Such Decrease

                (or Increase)

              	
                Signature of

                Authorized

                Officer of

                Trustee or

                Security

                Custodian

              
	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              

      

      11

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